Manchester Development Finance
Manchester city skyline at dusk

Manchester Development Finance Specialist

We are Manchester's specialist development finance broker. Access senior debt, mezzanine finance, and JV equity from our panel of 50+ lenders. From NOMA to Stockport, Ancoats to Salford Quays — we fund development projects across every corner of Greater Manchester.

Terms in 48 hours50+ specialist lenders£300M+ arranged
£300M+

Capital Raised

500+

Deals Completed

50+

Specialist Lenders

20+

Years Experience

Development Loans for Manchester Projects

Manchester development finance enables property developers to fund construction, conversion, and refurbishment projects across the UK's largest regional development market. As Greater Manchester's dedicated development finance broker, we connect developers with the right property development loans for schemes ranging from £500K to £20M — whether you're building new apartments in Ancoats, converting warehouses in NOMA, or delivering mixed-use schemes in Salford Quays.

The Greater Manchester development landscape is defined by ambition. The GM Combined Authority's Places for Everyone spatial framework sets the strategic direction for housing delivery across all ten local authority areas, while development funding Manchester continues to flow into landmark regeneration zones. The Bee Network is transforming connectivity and boosting land values in previously underserved areas. HS2's planned Manchester station at Piccadilly promises to reshape the eastern part of the city centre entirely.

Manchester consistently ranks as the top UK city outside London for residential investment. Average deal sizes range from £500K for smaller conversion schemes to £20M+ for institutional-grade BTR developments. The city's strong rental yields, growing population, and sustained institutional demand make it one of the most attractive markets for development finance in the country. Our team has arranged over £300M in property development funding, and our deep understanding of the Manchester market — from local planning policies to lender appetite — gives our clients a decisive advantage.

Why Choose a Manchester Development Broker?

Manchester development finance demand continues to accelerate as the city cements its position as the UK's most dynamic regional property market. The Greater Manchester Combined Authority's ambition to deliver 170,000 new homes by 2037 creates an enormous development pipeline that requires sophisticated funding solutions from a specialist development finance broker in Manchester.

The city's Build to Rent sector leads the regions, with institutional investors from Legal & General to Moda Living committing hundreds of millions to Manchester residential schemes. Average residential land values across prime Manchester locations have increased consistently, driven by the combination of population growth, employment expansion, and infrastructure investment. The Northern Powerhouse initiative continues to channel investment northward, while connectivity improvements through the Bee Network are opening up new build development loans across previously peripheral locations.

The Manchester lender landscape is equally robust. Regional challenger banks, specialist development lenders, and Northern Powerhouse-focused funders maintain strong appetite for Greater Manchester schemes. Together Money, Assetz Capital, local building societies, and numerous specialist funds all have dedicated Manchester lending teams. This depth of competition means Manchester developers can access competitive residential development loans and commercial to residential conversion finance — provided they work with a broker who has genuine relationships across the lending panel.

Development Finance Calculator

Use our Manchester development loan calculator to get an instant estimate for your project. Default values reflect typical Greater Manchester scheme metrics including LTV, LTC, and GDV ratios.

£2,000,000

£1,500,000

£800,000

£500,000

18 months

Your Estimate

Based on Manchester market averages

Estimated Loan Amount£1,050,000
Loan to Value (LTV)52.5%
Loan to Cost (LTC)70%
Profit on Cost33.3%
Indicative Rate7.5% – 9.5% pa
Est. Monthly Interest£7,875
Get Your Personalised Quote

Indicative figures only. Actual terms depend on scheme specifics and lender criteria.

Key Development Zones We Cover

From city centre regeneration zones to suburban town centre transformations, we arrange development finance across every Manchester development hotspot. Click any area to explore local opportunities and funding options.

Manchester Case Studies

We've structured development finance for schemes across every part of Greater Manchester — from 6-unit conversions in Stockport to 120-unit BTR developments in Salford Quays. Our Manchester development finance case studies demonstrate the range of projects we fund, the challenges we solve, and the results we deliver.

Ancoats Warehouse Conversion

24-unit conversion | £4.2M facility | 75% LTC | Completed in 14 months

Salford Quays New Build

68-unit BTR scheme | £12.5M facility | 70% LTC | 18-month build programme

View All Case Studies

£300M+

Total development finance arranged for property developers across the UK, with a significant portfolio concentrated in Greater Manchester.

48 hrs

Average time from enquiry to indicative terms. Our established Manchester lender relationships enable rapid turnaround.

What Manchester Developers Say About Us

Rated 4.9/5 by property developers across Greater Manchester. Read how we've helped local developers secure the development funding they need.

Manchester Development Finance secured us a £3.2M facility for our Ancoats conversion project in just 12 days. Their knowledge of the local market and lender relationships is unmatched. We’ve used them for three schemes now and wouldn’t go anywhere else.

James T.

Director, North West Developments Ltd

We needed stretch senior finance for a 45-unit scheme in Salford Quays. Matt’s team found us a lender at 8.2% with 80% LTC — better than anything our previous broker had offered. Professional, responsive, and genuinely knowledgeable about the Manchester market.

Sarah K.

MD, Greater Manchester Property Group

First-time developer and I was nervous about the process. The team guided me through every step of my 6-unit scheme in Stockport. They explained everything clearly and got us funded within 3 weeks. Couldn’t recommend them highly enough.

David R.

Property Developer, Stockport

Manchester's Specialist Development Finance Broker

Manchester Development Finance is led by Matt, a development finance specialist with over 20 years of experience in property lending and a background in HBOS corporate banking. Having arranged more than £300M in development finance across his career, Matt brings institutional-level expertise to every deal — whether it's a £500K conversion or a £20M BTR scheme. As a specialist development broker in Manchester, we offer unmatched local knowledge and lender access.

Our deep understanding of the Greater Manchester property market sets us apart from national brokers. We know the planning policies across all ten GM local authorities, the appetite of every active lender in the region, and the regeneration priorities that shape where development opportunities are strongest. Whether you need residential development loans, heavy refurbishment finance, new build development loans, or student accommodation development finance, we structure the optimal solution.

As part of the Construction Capital network of regional development finance specialists, we combine local expertise with national reach. Our sister sites in London, Birmingham, Leeds, Bristol, Sheffield, Cardiff, and Nottingham create a powerful network that benefits developers working across multiple regions. This network also gives us access to ground up development loans and funding sources that a standalone broker simply cannot match. First time developer finance in Manchester is a particular strength — we guide new developers through every step of the process.

Development Finance FAQs

Common questions about development finance in Manchester and Greater Manchester, answered by our specialist development finance broker team.

Development finance in Manchester is a specialist property loan designed to fund the construction, conversion, or refurbishment of residential and commercial properties across Greater Manchester. Manchester development finance typically covers up to 70% of the total development cost (LTC) and up to 65% of the gross development value (GDV). With Manchester's booming regeneration pipeline — driven by the GM Spatial Framework and Places for Everyone joint plan — demand for development funding has never been higher. Our development finance services cover schemes from £500K to £20M across all ten Greater Manchester local authorities.
Manchester development finance facilities typically range from £500,000 to £20,000,000, depending on your scheme size, track record, and the gross development value. Senior development finance covers up to 70% of total costs, while stretch senior facilities can reach 85% LTC. For larger schemes in areas like NOMA, Salford Quays, or Victoria North, mezzanine finance can take total funding up to 90% of costs. Use our development loan calculator for an instant estimate.
Interest rates for Manchester development finance currently range from 7.5% to 12% per annum, depending on the loan-to-value ratio, borrower experience, scheme location, and lender appetite. The Manchester market benefits from strong lender competition — with regional challengers like Together Money, Assetz Capital, and specialist funds all active across Greater Manchester. Our panel of 50+ specialist lenders enables us to secure the most competitive rates for your scheme.
We issue indicative terms within 48 hours of receiving a complete enquiry. Full completion typically takes 2–4 weeks, depending on valuation turnaround and legal complexity. For straightforward Manchester schemes with experienced borrowers, we have completed funding in as little as 10 working days. Speed is one of our key advantages — our established lender relationships and deep knowledge of the Manchester market enable us to fast-track applications.
We finance all types of development projects across Greater Manchester: new-build residential (apartments, houses, BTR schemes), commercial-to-residential conversions, office refurbishments, mixed-use developments, permitted development schemes, and purpose-built student accommodation. From warehouse conversions in Ancoats to large-scale regeneration in Stockport Town Centre, our lender panel has appetite for the full spectrum of Manchester development opportunities.
Most lenders require at least outline planning permission before committing to a Manchester development finance facility. However, some specialist lenders will consider pre-planning funding for experienced developers with strong track records and viable schemes. Manchester's ten local planning authorities each have different processing times and requirements — our knowledge of the local planning landscape helps us match you with the right lender for your situation.
Mezzanine finance is a second-charge loan that sits behind the senior development facility, allowing Manchester developers to increase total borrowing to 85–90% of project costs. This is particularly valuable for capital-efficient developers working on high-value schemes in prime Manchester locations. Mezzanine rates are typically higher than senior debt (10–15% pa) but significantly cheaper than equity. Our mezzanine finance service has arranged millions in second-charge facilities across Greater Manchester.
We cover all ten Greater Manchester local authority areas: Manchester, Salford, Stockport, Tameside, Oldham, Rochdale, Bury, Bolton, Wigan, and Trafford. Our key development hotspots include NOMA, Ancoats, Salford Quays, Northern Quarter, Victoria North, Deansgate, Spinningfields, Piccadilly, Great Jackson Street, Mayfield, Greengate, MediaCityUK, and Stockport Town Centre.
To apply for development finance in Manchester, you'll typically need: a detailed scheme appraisal or feasibility study, planning permission (or application details), cost schedules from your QS or contractor, your development CV showing previous projects, 12 months' bank statements, proof of equity contribution, and details of your professional team (architect, solicitor, contractor). Our step-by-step process page explains exactly what's needed at each stage.
A specialist Manchester development finance broker understands the local market dynamics that national brokers miss — from the GM Combined Authority's regeneration priorities to individual council planning policies and local lender appetite. With £300M+ arranged and 20+ years of experience in property finance, including a background in HBOS corporate banking, our team has the relationships and expertise to secure the best terms for your Manchester development. Read our case studies to see real examples of deals we've structured across Greater Manchester.

Ready to Fund Your Manchester Development?

Get indicative terms within 48 hours. Our Manchester development finance specialists are ready to structure the optimal funding solution for your project.