A property developer

Loans for residential and commercial developments in the North East LEP area.

Key features

wdc
£55m

of funds to support North East projects

  • Dedicated, local account managers
  • Loans from between £250,000 and £7 million for development costs
  • Interest roll up is available
  • Interest rates / fees agreed in advance
  • A single point of contact to help you navigate the entire process

We can fund commercial property developments such as:

  • Refurbishment schemes
  • Mixed use schemes
  • New office, industrial and warehouse developments
  • Phased developments

Through the £35 million North East Commercial Property Investment fund we can offer loans:

  • from £1million to £7 million
  • terms of up to five years
  • to speculative and non-speculative schemes

Through the £20 million North East Property Fund we can offer loans:

  • from £250,000 to £2 million
  • terms of up to two years
  • to non-speculative developments only

Funding is available to construction companies and property developers looking to build projects in the seven local authority areas of the North East:

Northumberland, County Durham, Gateshead, Newcastle upon Tyne, North Tyneside, South Tyneside and Sunderland.

We can fund small-scale residential property, through the North East Property Fund. 

  • Loan sizes from £250,000 to £2 million
  • Loan terms of up to two years
  • Non-speculative developments only
  • £20 million fund

The fund is available to construction companies and property developers looking to build projects in the seven local authority areas of the North East:

Northumberland, County Durham, Gateshead, Newcastle upon Tyne, North Tyneside, South Tyneside and Sunderland.

If you’re looking to move forward with plans to build a combined commercial and residential property, start by talking to us. We can offer a solution that caters to all needs – for speculative and non-speculative developments.

Funding is available to construction companies and property developers looking to build projects in the seven local authority areas of the North East:

Northumberland, County Durham, Gateshead, Newcastle upon Tyne, North Tyneside, South Tyneside and Sunderland.

Making an application

Before we can help you, you’ll need to provide us with the following:

  • Accounts for your company and any associated companies and a project synopsis detailing:
  • Your financial contribution
  • Any other financial contribution
  • Relevant planning permission(s)
  • The proposed build schedule
  • The value you hope to achieve from the sale of the project
  • A detailed cost breakdown of the project
  • Details of the pre-sale agreement(s) for the project demonstrating how you’ll repay our loan

Need to know more first?

If you have a question just send us a message or try reading our FAQ section.