larger projects, lenders tend to have strict requirements in terms of their lending criteria and/or higher than normal interest rates. For 100% development finance via property refurbishment loans which tend to be smaller, additional security is usually required
Should 100% funding be necessary, then property development finance could be the answer which is a combination of short and long term loans covering both the purchase of the site and the associated building costs. The interest payments are aggregated at the project’s conclusion when the properties are either refinanced or sold on for a profit.
If you are able to put up additional security against the loan then you are more likely to be approved for 100 percent property development finance. Obviously, those developers who are experienced in developing and refurbishing properties will know this but it can sometimes be overlooked
