Lendhub is now providing loans from £500,000 up to £7.5m, with leverage up to 90% LTC and 70% LTGDV, and rates starting from 5.5% + BBR per annum.

The new additional funding capacity enables the lender to scale its support for residential-led schemes across England and Wales, including funding 100% of build costs, and mixed-use projects with modest commercial elements.

The new product is aimed at experienced developers looking to maximise equity, fund build costs efficiently, and move quickly on residential-led opportunities.

Lendhub will also consider mixed-use schemes where the commercial element is limited, and first-time developers with the right level of professional support.

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Christopher Adamou, CEO and founder of Lendhub (pictured above), added: “This new capacity strengthens our position as a true end-to-end lender.

“Developers can come to us for every stage of a project, from land acquisition and build through to exit, and know they’re backed by a team that understands development projects.

“It’s about giving clients confidence that we can fund their vision from start to finish, and we’re excited to support more ambitious projects than ever before.”

Richard Nordgreen, managing director at Lendhub, said: “This is a major boost for our development offering.

“It gives us the strength to support more projects, at greater scale, while keeping our terms highly competitive.

“Having been developers ourselves, we know how much certainty and flexibility matter on the ground, and these enhancements allow us to deliver both with real confidence.”