DEVELOPMENT FINANCE

As a building society we recognise the role we can play in supporting established, profitable house-builders create new homes
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A Flexible Approach
We will work with you to understand your circumstances and find the best solution
Personal, Friendly Service
Our professionally qualified team of business lending managers will treat you as more than a number
Benefits of Mutuality
We have no shareholders to satisfy, so you get great value products and services
Where we lend
Development in Cumbria and neighbouring counties
Who can apply
Established, profitable house-builders in the UK
How we assess applications
We consider the individual circumstances of the proposed development
Up to 60% of land value and/or build cost
Tailored Loans
We will tailor a deal which is suitable for your individual circumstances
£5m maximum loan
Operating area map - overlay map
Where We Lend

This is available in our operating area only, which is Cumbria (CA and LA postcodes), South-West Scotland (DG and TD9), West Northumberland (NE45-49), North Lancashire (PR, FY, LA AND BB1-3 and BB5-7) and North Yorkshire (HG, YO, BD20, BD23-24, DL6-11, LS21-23 and LS29).

Book a time for us to call you to discuss your needs

Schedule A Call
Lee Doswell | Business Lending Expert

Our understanding of the local property sector enables us to fully understand your needs and to offer bespoke finance to meet your individual requirements.

Lee Doswell | Business Lending Expert

MORE INFORMATION & MAKING AN APPLICATION

You can send the below form to us by e-mail to business@cumberland.co.uk or by post to our Head Office address. We can accept a scanned version of your signature(s) in Section 14, but we require an original hard copy of the Mortgage Payment Method mandate in Appendix 1 to be posted to us.

Your mortgage is secured on your property. Think carefully before securing other debts against your property. Your property may be repossessed if you do not keep up repayments on your mortgage.