Flexible loans for property purchase and development projects with a social purpose.

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Are you a property developer looking to secure finance for a project with a social purpose?

New build housing for sale or rent, live/work spaces, care homes, assisted living and supported living accommodation. These are just a few examples of where development projects can help meet the demand for affordable homes, support people in need and build strong, resilient communities.

We offer purchase loans to help you secure your project, and development loans to get your project off the ground.



Developing property

Ground-up development of single and multiple units, or permitted development schemes

Converting a property

Bespoke conversions such as barns, flats and houses

Refurbishing property

Heavy or light refurbishments; let us know what you need


We consider purchase and development loan applications on a case-by-case basis. Our general lending criteria are:

  • Loans up to 65% of purchase price and 100% of build costs. Subject to a maximum 65% Loan to GDV and 75% Loan to Cost.
  • Loans up to £2m per project, including rolled interest. Higher loan amounts available for the right projects.
  • Initial loan term of two years.
  • No exit fee.
  • Loan applications considered for projects in England, Scotland or Wales.



Developing homes to tackle homelessness

  • Haven Sent
  • £470,000 loan for building refurbishment

A run-down care home has been redeveloped into a 14-bedroom house, to provide much-needed accommodation for homeless people or those at risk of being made homeless.

Read the full story


Building affordable homes

  • Stepstone Limited
  • £753,00 loan for new build development

A development of six affordable properties is helping first time buyers to get onto the property ladder in an area of high demand and short supply.

Read the full story


We’ve made our application process straightforward, and getting things underway is as simple as starting a conversation.

We’re keen to talk to you now if you’re in the process of securing finance for a project. Contacting us is confidential and obligation-free.

Every customer and project is different, but here’s an overview of what to expect:

1 Initial enquiry

Get in touch with us and we’ll have an initial discussion about your needs.

2 First thoughts

We’ll ask for some financial documents and get to know you and your project better. Then we’ll agree the best way to proceed.

3 Meeting up

We’ll meet with you to discuss your needs and requirements, understand the risks involved and answer any questions you may have. Following this we’ll send you a proposal.

4 Approval

If you’re happy with the proposal, we’ll start the formal credit approval of the loan. If successful, you’ll be sent the loan documents to you for approval.

General conditions

We’ll need:

  • a full market valuation and development appraisal by a surveyor on the Bank's panel
  • a first legal charge over the development property
  • repayment from the sale or refinance of the development properties, with full net sale proceeds to be used in permanent debt reduction
  • a director’s/shareholder’s 25% personal guarantee when lending to an incorporated entity
  • a debenture over the company when lending to an incorporated entity

In most situations, we may need:

  • collateral warranties
  • NHBC guarantee or equivalent
  • to appoint an independent monitoring surveyor to monitor the development and certify staged payments
  • step in rights to the build contract


We offer competitive interest rates.

Our fees will depend on the complexity of your application. This will be agreed with you as part of the process.

A one-off arrangement fee is payable.

Doing your bit for charity

* To support your philanthropic goals, one third of the arrangement fee paid to CAF Bank can be transferred into a CAF Charity Account or CAF Company Account. These funds will be available for you to donate to charities of your choice.

Typical costs

Interest rate
Between 5-7% above Bank of England Base Rate
One-off arrangement fee 1.5%*             
Exit fee None
Solicitor's fee 
Typically £3,180 (comprising £2,650 + irrecoverable VAT for each loan)
Construction legal fees and disbursements Dependent upon project
Your solicitor's fees
These vary depending on your solicitor. We recommend requesting a fixed price for peace of mind
Valuation fees
These vary but are charged per property


Scott Newman

Scott Newman

Head of Personal Banking

Scott leads the team who look after CAF Bank’s personal banking clients as well as those customers borrowing funds to refurbish, extend or develop properties. Scott joined CAF Bank in 2014, bringing 14 years’ Private Banking experience and a sound knowledge of development finance, through managing loans for individuals and companies since 2003.

Connor Baxter

Connor Baxter

Client Relationship Manager
Connor has considerable experience in banking and specialises in property development lending. Prior to joining us in 2016, Connor worked in Private Banking in central London. He has overseen a range of cases, from small refurbishment projects to a ground-up development of 14 new build properties.
Andy Smith

Andy Smith

Client Relationship Manager
Andy joined CAF Bank in 2017, bringing extensive experience from his 30 years in lending roles within the banking industry. He has detailed knowledge of commercial and property transactions, which he is now applying to help support all types of residential development and refurbishment projects.

Want to know more?


Our dedicated team is ready to answer your questions to help you get the ball rolling.

Contact the team


We offer a range of products and services to help you get the most out of giving.

Personal banking

We offer a personal banking service for your everyday banking needs and more

Learn more
Give to the causes you care about

CAF Charity Account

You put a little aside when you have it, to support your favourite causes whenever you want.

A better way to give

CAF Company Account

A strategic, tax-effective giving solution to manage local and global community investment.

Make your giving count

CAF Bank loans are non-regulated products.

Loan applications subject to credit assessment. Security will be required.

Your personal or company’s assets may be at risk if you do not keep up with the repayments for a mortgage, loan or any other debt secured on them.

If you are thinking of consolidating existing borrowing, you should be aware that you may be extending the term of the debt and increasing the total amount you pay.

CAF Bank Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (Financial Services Register number: 204451).

CAF Bank Limited Registered office is 25 Kings Hill Avenue, Kings Hill, West Malling, Kent ME19 4JQ. Registered in England and Wales under number 1837656.