DVELOPFinance Group
Apartment development under construction
Development

Funding the construction phase requires more than a valuation.

Funding the construction phase requires more than a valuation — facilities generally involve progressive drawdowns against costs and program.

1800 383 567
Overview

Funding the construction phase requires more than a valuation — facilities generally involve progressive drawdowns against costs and program.

Construction facilities can involve progressive drawdowns as the build reaches agreed stages.

Before funding, the project should have a clear understanding of its cost base, realisation and exit. The final structure depends on the project and lender requirements.

Lenders may consider

  • Construction contract and builder
  • Quantity surveyor report
  • Valuation and equity
  • Presales
  • Development costs and contingency
  • Project timeline

Before funding, understand the numbers

  • Total Development Cost
  • Gross Realisation Value
  • Debt and equity
  • Interest and contingency
  • Exit strategy
Worth Considering

Things to weigh up

Builder, contract and program

Cost-to-complete and contingency

Quantity surveyor requirements

Residential construction works
Development

Property-led finance, structured around your goals.

How DVELOP Helps

Clear advice, from first conversation to settlement

Understand your position

We start with your goals and the numbers behind them, then explain the options in plain language.

Match the right structure

We consider suitable lending pathways and recommend a structure with the reasoning made clear.

Manage the process

We handle the application detail and keep you informed on what happens next through to settlement.

The Process

A simple process, even when the finance isn't

01

Talk to us

Tell us what you want to do and the basic numbers behind it.

02

Compare your options

We assess the scenario, structure and suitable lending pathways.

03

Apply with confidence

We prepare and manage the application, keeping it clear throughout.

04

Settle and review

We stay in touch and review your finance as your situation evolves.

FAQ

Common questions

Speak with a DVELOP broker for guidance tailored to your circumstances.

The best next step is a conversation with a DVELOP broker who can review your circumstances, explain the options and set out what a lender is likely to consider.
Your Next Move

Discuss Construction Finance

Tell us what you’re looking to finance. We’ll start with the right questions and keep the process clear.

1800 383 567