Residential Development Finance
Debt · Equity · Joint Ventures Compare development finance from 100+ lenders here“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.
Read our Equity Guide
- Learn how equity works
- Find investors
- Maximise your profits
Our Team
Joshua O'Leary
Director, Development and Structured Finance
joshua@mackenziebyrne.co.uk
07873508623
Dominic O'Leary
Director, Development and Structured Finance
dominic@mackenziebyrne.co.uk
07788437839
Jake O'Leary
Director, Communications and Sustainable Finance
jake@mackenziebyrne.co.uk
07724191132
Felix O'Leary
Director, Development and Structured Finance
felix@mackenziebyrne.co.uk
07903405038
Sean O'Leary
Director and Founder
sean@mackenziebyrne.co.uk
07787156838
Case Studies
3 self-build plots
Location: Sissinghurst, Kent
GDV: £1.6m
Type: Senior Debt
LTC: 100%
6 houses
Location: Biddenden, Kent
GDV: £5.73m
Type: Joint venture
LTC: 100%
23 houses
Location: Fyfield, Essex
GDV: £16.6m
Type: Senior debt
LTGDV: 65%
6 flats
Location: Hythe, Kent
Loan: £2.6m
Type: Exit finance
LTV: 75%
6 Houses
Location: Coulsdon, Surrey
Loan: £2,614,000
Type: Exit finance
LTV: 65%
4 houses
Location: Ascot, Berkshire
GDV: £6.23m
Type: Senior debt
LTGDV: 70%
“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
5 Things to Look For in a Development Finance Broker
A good development finance broker is invaluable. Brokers can save you time and effort by sourcing finance for your property development project. This frees you up to concentrate on what you do best: building houses. But a good broker can be hard to find. As with...
What is Equity Funding for Property Developers?
Equity funding for property developers is money invested in development projects by external parties. These parties could be private individuals, institutions, or funds. Equity funding is different to debt provided by a bank or non-bank lender. Banks and lenders lend...
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...
GET IN TOUCH
Give us a call
Business address
No. 1 Royal Exchange
London
EC3V 3DG.
Email Us
Statutory Information
SOLCV Limited T/A MacKenzie Byrne.
Company Number 04492047.
Directors: S P O’Leary, J O’Leary, D O'Leary, F O’Leary.
Registered Office
First Floor, West Barn, North Frith Farm,
Ashes Lane, Hadlow
Tonbridge
Kent
TN11 9QU.
