---
title: "Senior Funding Lenders"
description: "Primarily high-street lenders, specialist banks, and short-term funding entities that hold the first charge."
url: "https://mortgagelane.com/guides/development-finance-first-time-developers/senior-funding-lenders"
site: "Mortgage Lane"
collection: "guides"
date: "2026-03-30"
author: "Joseph Lane"
category: "Mortgage guide"
reviewed: "2026-09-11"
reading_time: "1 min"
byline: "Joseph Lane"
author_credentials: "CeMAP · FCA authorised firm"
language: "en-GB"
robots: "index,follow"
---

# Senior Funding Lenders

Primarily high-street lenders, specialist banks, and short-term funding entities that hold the first charge.

Primarily high-street lenders, specialist banks, and short-term funding entities that hold the first charge.

[Development finance](https://mortgagelane.com/definitions?term=development-finance)

Development finance

Property finance used to fund a construction or conversion project, with borrowing structured around the project budget and progress.

[Read the full definition of Development finance](https://mortgagelane.com/definitions?term=development-finance)

Back to overview

[Development Finance For First Time Developers](https://mortgagelane.com/insights/development-finance-first-time-developers)

Related definitions

[Gross development value (GDV)](https://mortgagelane.com/definitions#def-gross-development-value)

·

[Loan-to-cost (LTC)](https://mortgagelane.com/definitions#def-loan-to-cost)

## Senior Funding Lenders

Primarily high-street lenders, specialist banks, and short-term funding entities that hold the first charge. Usually these are the most cost effective lending rates, but they don’t tend to be the most generous with the following guidelines:

- Up to 60% Loan to Gross Development Value (GDV)
- Up to 80% Loan to Cost (LTC)
- 15-20% profit on cost required
- Experience required in the same scheme size

Therefore, the high street is usually a place for lending options only for experienced applicants. Below we will explain options available to first time developers, or borrowers with low collateral requiring extra funding percentages.

## Talk it through with an adviser

Speak to a Mortgage Lane adviser about your circumstances and the next steps.

Published: 2026-03-30

Last reviewed: 2026-09-11

Source: https://mortgagelane.com/guides/development-finance-first-time-developers/senior-funding-lenders