Is development finance regulated?

Not always. Most development finance lenders are not regulated by the FCA (Financial Conduct Authority). But this isn’t necessarily a bad thing. This is why there can be such flexibility in the types of development finance available. Yet, it’s also why you should navigate this market with the guidance of an expert broker.

Can I use development finance for an overseas project?

This can be possible to arrange. It does add some more complexity to the transaction and will likely limit your lending options. Largely because it will involve more research and due diligence for lenders and the exact overseas location can also make a big difference. Different rules and limits may apply but an experienced broker will be able to show you what your development finance options are for overseas buildings or projects.

Is development finance available everywhere in the UK?

It is, but not every lender will be willing to finance development projects across the UK. So, it can make a difference whether you’re planning a project for England, Wales, Scotland, or Northern Ireland. Your location is another reason why it’s important that you deal with a suitable lender for your specific development plans.