Pre-Development Bridge

Providing loan facilities to experienced developers for the purchase or refinance of land or existing property where the borrower seeks improved planning permission prior to development.

Our approach

We provide unregulated senior bridging loan facilities for up to 18 months to experienced developers in all regions in the UK, with the intention of providing the development facility once planning permission is achieved. We support the full range of property classes with respect to development.

Facility length

Up to 18 months

Target facility size

Max. £10m


Our funding is available across the UK

Security and credit support

First charge over existing land/property and borrowing vehicle.
Guarantee for interest from acceptable guarantor(s)

Loan to value

Up to 70% of site/property value, reflecting existing permissions and consents

Finance structure criteria

Flexible structure available to address planning enhancement scenarios.
Interest either rolled up and payable at maturity, or to be serviced by income from existing property

Indicative fees and interest1

Leverage profile Interest p.c.m. on total facility Fees on 18 month transaction
70% From 0.75% 1% of facility in
Out fee waived if development facility is pursued

1Interest and fees are indicative only and will depend on the individual characteristics of the transaction

Recent builds include:

Office building with permitted development rights, Worthing

An acquisition facility of c.£5m for the purchase of an office building with existing permitted development rights, for which the borrower seeks enhanced planning.

Key Documents

The activities of Pre-Development Bridge financing, Development Loan financing, including Development Exit Lending and Refurbishment Finance do not constitute regulated investment business under the Financial Services and Markets Act 2000. As such, clients of Puma Property Finance will not be afforded the protections available under the rules of the Financial Conduct Authority (“FCA”) and will not be eligible for compensation under the rules of the Financial Services Compensation Scheme (“FSCS”).

Reliance and Liability
All forward looking statements in this presentation (including the various terms “expects”, “may” or “will”) involve risk and uncertainty because they relate to future events or circumstances and should not be taken as any representation that such trends or activities will continue in the future. Although Puma Property Finance has taken care to ensure that the information in this presentation is accurate and complete, Puma Property Finance, Puma Investments and their respective affiliates, directors and employees assume no responsibility or liability whatsoever for the accuracy or completeness of the information or for any direct, indirect or consequential loss or damage howsoever arising. Any facts or statements in this presentation should not be relied upon. Neither Puma Investments nor Puma Property Finance nor any of their respective affiliates have any responsibility to update any of the information provided in this presentation.