Catalyst launches development finance at 5.25% + BBR

Catalyst launches development finance at 5.25% + BBR

Catalyst Property Finance, today announces the launch of a ‘ground up’ development finance product with tracker rates from 5.25% + BRR. The new offering targets residential and mixed-use schemes up to 20 units across England and Wales. Designed to provide brokers with a highly useful solution for their property developer clients, Catalyst is offering leverage of up to 85% Loan to Cost (LTC) and 65% LTGDV, with loan sizes ranging from £250,000 to £5,000,000.

Recognising the frustrations often cited by brokers regarding shifting points of contact, Catalyst has committed to a “single-stream” service model. Every development finance application is managed by a dedicated BDM and Underwriter from enquiry through to completion, ensuring no loss of momentum during the transition to the build phase.

Another key differentiator is Catalyst’s transparent fee structure; the product carries no commitment or non utilisation fees, a strategic decision aimed at helping brokers present a cleaner, more cost-effective funding solution to their developer clients.

Chris Fairfax, CEO of Catalyst Property Finance, commented: “We have built amazing resources for understanding and processing refurbishment risk of all natures, and we look forward to applying this knowledge to assist developers to succeed with small-to-mid market ground up schemes. With dedicated institutional development funding, this is not a bridging or refurbishment capital disguised as development finance – we have focused on delivering a senior stretch proposition that balances higher leverage with leading interest rates and fees.”

James Farge, Sales Director of Catalyst Property Finance, commented: “Catalyst has built a strong reputation for delivering for both our borrowers and intermediary partners across bridging and refurbishment finance. We are now bringing this same relationship-led approach to our ground-up offering, supported by enhanced pricing and greater flexibility. This marks an exciting step forward for both our business and the wider industry, as Catalyst seeks to address many of the frustrations developers often encounter with more traditional sources of ground-up development finance.”