If commercial development finance is used for property development for commercial purposes, residential development finance is obviously for residential use. In looking for residential development finance, you need to prove that the site or location in subject is feasible for residential use. This way, you will not find it hard to get the right funding for the project or you're development finance UK will be able to help you with the right lender. In other words, the site that you are considering for the residential property should convince the development finance UK that it will yield high returns in the future; especially if you are thinking of getting 100% development finance from the company.
In planning a residential development, make sure you have thoroughly researched the housing market and what type of house is likely to be popular in that area....
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