At Scale Property Finance, we support experienced investors in structuring finance solutions that align with their growth strategy. In this case, we helped an investor secure development funding for a multi-unit freehold block (MUFB) in Bristol—unlocking a project with a gross development value (GDV) of over £1 million.
The Challenge
Our client had identified a strong development opportunity in a sought-after Bristol location. To make the project viable, they required a funding solution that covered both acquisition and development costs without committing excessive personal capital.
Key challenges included:
- High Project Costs – Funding was needed for both the purchase and extensive refurbishment.
- Complex Property Type – MUFBs have more limited lender appetite and differing valuation methods.
- Capital Efficiency – The client wanted to maximise leverage based on the project’s expected GDV.
Our Funding Approach
At Scale Property Finance, our goal is to deliver bespoke funding solutions, tailored to the client’s needs, that sets them up for long-term success. Here’s how we supported this project:
✅ 70% Loan-to-Value on Purchase
We arranged funding at 70% LTV, reducing the client’s upfront contribution and helping to preserve liquidity for other projects.
✅ 100% of Build Costs Funded
With a clear build plan, strong valuation, and demonstrated investor experience, the lender was able to finance the full development budget, subject to their due diligence.
✅ Tailored Lender Match for MUFBs
We introduced a lender experienced in MUFB developments, where valuations consider the asset’s income-generating potential—not just its bricks-and-mortar worth—in addition to standard property metrics.
The Outcome
🏗️ Comprehensive Project Funding
Both acquisition and development finance were secured, allowing the client to move forward without delay.
📈 £1M+ Projected GDV
The completed scheme is expected to deliver a high-quality multi-unit asset in a strong rental area, boosting the asset's value and long-term cash flow.
📊 Efficient Capital Use
By structuring the finance to reflect the asset’s future value, the client retained capital for future opportunities while expanding their portfolio.
Why Scale Property Finance?
At Scale Property Finance, we understand the nuances of complex projects like MUFBs—and we help get them funded. With deep market knowledge, strong lender relationships, and a focus on long-term client growth, we deliver funding strategies that fit both the deal and your broader strategy.
Planning a development or portfolio expansion?
👉 Let’s talk to discuss how your finance solution can meet your ambitious investment strategy.
Once works are complete, we’ll be assisting our client with arranging the limited company buy-to-let mortgage to refinance the bridging loan and support a smooth, efficient exit.
