Residential Development Finance

Debt · Equity · Joint Ventures
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“Since our inception six years ago, Mackenzie Byrne have been hugely supportive and played a vital role in helping us grow rapidly, by introducing us to top quality lenders, equity providers and joint venture partners. They are a fundamental part of our team.”

  • Specialist Residential Development Finance Brokerage
  • Sourcing and structuring senior debt, stretch senior, mezzanine and equity
  • Helping developers save time, grow fast and build more

How We Work

Development Finance

Applying for residential development finance can be difficult and time-consuming. All development projects are unique and each lender has their own criteria. You risk wasting time and effort on unsuccessful applications unless you approach the right lender, who will take a position on your project if necessary.

Mackenzie Byrne finds the right development finance lender for you. First, we assess your project and produce a funding package with our own financial model. Then, we get you the most competitive offers on senior, stretch-senior and mezzanine debt from our network of banks, challenger banks and non-bank lenders.

Throughout the process, we proactively liaise with lawyers, valuers and surveyors to ensure a successful completion. Contact us to stop wasting time on finance applications and focus on building more homes.

Development Equity

Most lenders want to see at least 10% of costs covered by a developer before they’ll lend for a new development project. But meeting this requirement is hard if all your capital is tied up in existing projects.

Mackenzie Byrne can source capital for you from our network of equity investors, which includes family offices, registered funds, private companies, high net worth individuals and sophisticated investors.

When we’ve found the ideal investor for your project, we structure the deal for you, getting you the right amount of capital on the best possible terms. Get in touch to take advantage of more opportunities and grow your business faster.

Joint Ventures

Joint ventures are mutually beneficial relationships in which partners share the risks and rewards of a development project.

You might be an experienced developer in need of a silent partner to cover 100% of your costs. Or you might be a new developer in need of an active partner to provide you with guidance and the bank with comfort. Whatever stage you’re at in your career, a joint venture could be the ideal vehicle to minimise your risk and maximise your profit.

Contact us to find out about our excellent connections with individuals and organisations interested in taking this more collaborative approach.

Get our Free eBook

  • Understand available finance options
  • Deploy your own equity efficiently
  • Maximise your profits

Our Team

Joshua O'Leary

Joshua O'Leary

Director, Development and Structured Finance

Dominic O'Leary

Dominic O'Leary

Director, Development and Structured Finance

Sean O'Leary

Sean O'Leary

Director and Founder

Jake O'Leary

Jake O'Leary

Director, Communications and Sustainable Finance

Case Studies

5 Houses

Location: Selsdon, Croydon
GDV: £2.45m
Type: Senior Debt + Equity
LTC: 100%

13 Houses

Location: Ascot, Surrey
GDV: £10.7m
Type: Senior Debt
LTGDV: 65%

8 Houses

Location: Coulsdon, Surrey
GDV: £5.2m
Type: Senior Debt + Equity
Loan to Cost: 100%

5 Houses and 4 Flats

Location: Coulsdon, Surrey
GDV: £5.03m
Type: Senior Debt + Equity
Loan to Cost: 100%

8 Houses

Location: Paddock Wood
GDV: £4.5m
Type: Senior + Equity JV
Loan to Cost: 100%

Land with Planning

Location: Hampshire
Loan: £850,000
Type: Bridging
Loan to Value: 70%

Land with Planning

Location: Oxford
Loan: £1.4m
Type: Bridging
Loan to Value: 80%

4 Houses and 2 Flats

Location: Thornton Heath
GDV: £2.65m
Type: Senior Debt + Equity
Loan to Cost: 92%

7 Detached Houses

Location: Staplehurst, Kent
GDV: £4.92m
Type: Structured Finance
Loan to Cost: 95%

12 Houses

Location: Benenden, Kent
GDV: £5.02m
Type: Senior + Equity JV
Loan to Cost: 100%

14 Houses

Location: Canterbury
GDV: £6.58m
Type: Stretch Senior Debt
LTGDV: 70%

40 flats

Location: Dover, Kent
Loan Value: £5.37m
Type: Senior Debt
LTGDV: 70%

4 Houses

Location: Reigate, Surrey
GDV: £3.77m
Type: Senior Debt
LTGDV: 66%

9 Flats

Location: Coulsdon, Surrey
GDV: £3.91m
Type: Senior Debt + Equity
Loan to Cost: 100%

9 Houses

Location: Coulsdon, Surrey
GDV: £5m
Type: Joint Venture
Loan to Cost: 100%

9 Houses

Location: Headcorn, Kent
GDV: £2.57m
Type: Senior Debt + Mezz
Loan to Cost: 93%

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“Both Sean & Joshua have been a delight to work with and went above and beyond in order to get a deal over the line. I was kept updated throughout the transaction and always knew what to expect next. I couldn’t recommend them highly enough.”

Blog

Are Development Finance Rates Going to Rise?

Are Development Finance Rates Going to Rise?

Over the past couple of years, it has felt like a bit of a rates (ahem) to the bottom in terms of how much debt will cost you. By reducing rates or by keeping them the same and increasing leverage beyond 70%, development finance lenders have been making debt...

How to Get Planning Gain Finance

How to Get Planning Gain Finance

Achieving a planning gain can be very profitable, whether you’re a developer who’s purchased a site unconditionally or taken an option, or a promoter working with a landowner. In the UK, there’s nowhere near enough land with planning permission to satisfy demand for...

Building a Legacy, Tyson Fury Style

Building a Legacy, Tyson Fury Style

What does it mean to build a legacy? To answer that question, one story we can look to is heavyweight boxing champion Tyson Fury’s. Not that you’d know it from his public pronouncements on the question of legacy. ‘History to me means nothing’, Fury stated in an...

Skin in the Game

Skin in the Game

If you work in the development industry, you’re likely to have heard the phrase, “skin in the game”. Developers, professionals, brokers: everyone’s expected to have it. But what does skin in the game actually mean? Essentially, it means having something to lose in a...

Introduction to Development Finance

Introduction to Development Finance

For many property developers, no matter how experienced they may be, the prospect of sourcing funding for their next development scheme can elicit any number of negative emotions. The lending landscape is always changing, the due diligence process is long and can be...

Understanding the Capital Stack

Understanding the Capital Stack

In order to ensure you are getting to most out of your developments, wrapping your head around the basics of development finance is key, and at the foundation of this rather complicated process is a refreshingly simple concept, the capital stack.

Get in touch

Give us a call

07724191132

Business address

No. 1 Royal Exchange
London
EC3V 3DG.

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Statutory Information

SOLCV Limited T/A MacKenzie Byrne.
Company Number 04492047.
Directors: S P O’Leary, J O’Leary, D O'Leary.

Registered Office

First Floor, West Barn, North Frith Farm,
Ashes Lane, Hadlow
Tonbridge
Kent
TN11 9QU.