We offer bespoke development finance solutions on a first charge basis to experienced developers for a range of development types including permitted development schemes and group developments of single and multiple units. Headed up by Simon Whitfield, our Development Finance team have a wealth of experience and work to build trust and confidence as the key foundations of a long term relationship.

What we offer

  • Up to LTGDV 70%
  • Loans from £1m to £10m
  • Terms from 9 months to 30 months
  • Competitive pricing on an individual basis.

Lending criteria

  • UK resident
  • Experienced full-time developers
  • Limited companies / SPVs
  • Projects must be located in England and Wales.

What gives us the edge?

  • We're a small dedicated team committed to building and maintaining a relationship from inception to completion
  • We take a pragmatic and flexible approach which allows for fast, reliable decision making.
Developers from above

Meet the team

Simon Whitfield — Head of Development Finance

Simon joined the Property team in 2018, bringing with him a wealth of experience from over thirty years of working in the financial services sector. Simon was previously on the executive committee at Wellesley Group Ltd as Head of Portfolio Management, where he was responsible for the Development Finance Lending Portfolio. Simon also previously held the executive role of Director of Asset Management at The Cooperative Bank, responsible for Property, Corporate, Project and Leveraged Finance, and has previously worked for HM Treasury, Morgan Stanley and BlackRock.

Alan Coleman — Relationship Manager - Development Finance

Alan joined the Property team in 2016 as a Business Development Executive and built up a strong working knowledge of our bespoke solutions and the regulatory frameworks governing them. After being promoted to Business Development Manager, Alan spent two years on the road building up strong broker relationships across London and in the North, as well as strong connections with the in-house underwriters, processors and completions team at Castle Trust. As Relationship Manager, Alan looks after our Development Finance clients and is the first port of call through every step of the process.

 

Mortgages
This website is for authorised intermediaries only. This information has not been approved for use with customers and is not intended for public or customer use. Your clients’ property may be repossessed if they do not keep up repayments on a mortgage or any other debt secured on it. Loans are subject to status, terms and conditions.

Castle Trust is the trading name of both Castle Trust Capital plc (company number 07454474) and Castle Trust Capital Management Limited (company number 07504954). Castle Trust is authorised and regulated by the Financial Conduct Authority, under reference numbers 541910 and 541893. Registered office: 10 Norwich Street, London, EC4A 1BD. Registered in England and Wales.

© 2019 Castle Trust. All rights reserved.

This website is for authorised intermediaries only. This information has not been approved for use with customers and is not intended for public or customer use. Please confirm that you are an intermediary before accessing information on this website.

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