About us

A property backed lending fund providing finance to commercial and residential property developers.

3,200

jobs created

£83m

development finance loans provided since 2017

39 projects

across 34 developers

£180m+

gross development value

We provide capital to professional, credible and capable property developers to allow them to undertake residential and commercial property developments in the North of England and Scotland.

As an investment company listed on the main market of the London Stock Exchange since 2017, we have the financial strength, credibility and professionalism expected of a listed PLC while offering the flexibility, creativity and common sense of an approachable, local business.

With a niche focus on the North of England and Scotland, we offer quality finance solutions of between £0.5 million and £5 million to credible and professional developers across residential and commercial sectors.

Since our launch in 2017, we have supported 27 borrower clients in funding over £66 million of real estate development capital, spanning a total of 31 projects.

Our Timeline

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2017

January

Company launched with a premium listing on the London Stock Exchange.

2017

February

Company completes its first new lend.

2017

June

Maiden dividend paid.

2017

October

First exit achieved.

2017

November

John Newlands appointed to the Board of Directors.

2018

October

Gearing facility agreed with Shawbrook bank to expand the financial capacity of the company.

2019

April

John Newlands appointed as Chairman of the Company.

2020

September

Seventh successful exit achieved despite the ongoing challenges of Covid.

2021

March

Investment strategy refreshed to match market conditions, reduce risk levels and continue to improve quality of income.

2021

September

12th successful exit achieved.

2022

April

31st project supported, bring the level of facilities provided to £66.5m and a Gross Development Value of almost £160m.

2022

May

Company changes its name to Develop North PLC.

Impact Investment

At Develop North we are mindful that while our core objective is to provide a capital return for our shareholders, we must also try to create a positive social and environmental impact from the projects we support.

As an investment fund with our roots firmly in the North of England, we are motivated to promote an investment approach that has a positive impact for of region.

Together with our professional partners we promote socially responsible (SRI) and environmental, social and governance (ESG) investment approaches to ensure a positive impact is created from our funding.

Our Approach To Lending

We provide flexible and bespoke lending solutions to experienced property development teams. Our loans generally range between £0.5m and £5m, with an ability to provide additional funding on a project by project basis.

To date we have worked with many development teams around the UK in particular in the North of England and Scotland, to provide a gross development value of more than £160m.

Our approach to lending can be viewed across the following core areas:

  • Experience and credibility of the property development team
  • Strength and clarity of the project business plan, including cash flow analysis, security position and exit strategy
  • The strength of relationship we have or can have with the developer

When things are going well, property development can be a lucrative and rewarding business, for all stakeholders. When things don’t go to plan, it is important to work in a pragmatic, creative and flexible manner, ensuring the interests of all parties are considered.

This is why we promote strong relationships, creativity and a common sense approach.

Our team of credit experts are based in the North of England and are accessible and approachable, with face to face meetings encouraged and individual contact details provided.

Contact Us

We believe that excellent results come from experience. With a focus set on delivering quality and value, our team boasts an impressive reputation for providing creative, common-sense solutions with a practical attitude.

Contact us