Finance for social purpose projects

We offer development finance for social purpose projects by experienced developers.

Projects we support range from the development of single and multiple units, to bespoke conversions and heavy or light refurbishments, including:

  • New build housing for sale or rent
  • Live/work spaces
  • Student accommodation
  • Assisted living accommodation
  • Supported housing

From purchase loans to secure your project, to development loans to get you started, we’ll support you each step of the way.

Our lending criteria

We consider applications on a case-by-case basis, which meet these general lending criteria:

  • 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 are available for the right projects
  • Initial loan term of two years
  • 1.5% arrangement fee and 1% exit fee
  • Loan applications are considered for projects in England, Scotland or Wales
  • UK incorporated entities only

In good company

Take a look at some developments we've funded and the difference they've made.

Development of affordable homes

Building affordable homes

In an area of high demand and short supply, this project helped first time buyers move into beautiful homes.

Read the story
Accommodation for homeless people

Tackling homelessness

A care home, re-imagined. This property now houses homeless people, or those at risk of becoming homeless.

Read the story
Lenworth House, Maidstone, Kent

Giving a building new lease of life

A new build and refurbishment project has transformed a derelict, historic building into attractive homes for rent.

Read the story

Meet the team

Scott Newman

Scott Newman

Regional Director – South

Scott joined CAF Bank in 2014, bringing 14 years of private banking experience and a sound knowledge of development finance. He has a detailed knowledge of our entire lending offering, from charity loans to social purpose projects.

Find out more about Scott 

Connor Baxter

Connor Baxter

Relationship Director

Prior to joining us in 2016, Connor worked in private banking in central London. He has overseen a range of property-related lending cases, from small refurbishment projects to a ground-up development of 14 new-build properties. Connor now specialises in lending to charities and social purpose organisations. 


Find out more about Connor
Andrew Smith

Andrew Smith

Relationship Director

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 has used to support all types of residential development and refurbishment projects. Now, he is focusing on wider charity and social purpose lending.


Find out more about Andrew

We're here to help

Our experienced relationship managers are on hand to help with any questions you have.

Get in touch