Joint Ventures
Equity Finance
structured to perform
30+ years · 110+ specialist lenders · £68.6m largest facility
Access development capital without traditional debt. Our equity partners invest alongside you in a joint venture or profit-share structure — providing the capital you need in exchange for a share of the development profit.
£500k — £30m+
Loan Size
12 — 36 months
Typical Term
N/A — Profit Share
Typical LTV
Key Features
What We Offer
No Interest Payments
Equity is not a loan — there are no interest payments. Your equity partner shares in the profit instead.
JV Structures
We structure joint ventures where you bring the project and expertise, and the equity partner brings capital.
Profit-Share Arrangements
Typically structured as a preferred return to the equity investor plus a profit split. We negotiate the best terms for you.
8 Specialist Equity Providers
Direct access to 8 equity providers, family offices and UHNW individuals actively seeking development JV opportunities.
Combined with Debt
Equity often works alongside senior debt — we structure the complete capital stack as one package.
Ideal For
Common Scenarios
First-Time Developers
You have the site and the vision but not the capital. An equity partner provides the funding in exchange for profit share.
Scaling Without Personal Capital
Experienced developers who want to take on more projects without tying up their own funds.
Complex or Higher-Risk Schemes
Projects where traditional lenders won't go to the level of funding required. Equity fills the gap.
Land-Rich Developers
You own the land but need capital for construction. Contribute land as equity and JV for the build costs.
Equity Finance FAQ
Equity & the capital stack — common questions
What is development equity finance?
Development equity finance is capital invested into a property development scheme in exchange for a share of the profit, rather than lent against it for interest. The equity partner takes a position alongside the developer — typically structured as a preferred return plus a profit split — and is repaid out of the scheme's profit at exit, after the senior (and any mezzanine) debt is cleared. Because it carries the most risk in the capital stack, equity is the most expensive layer; but it requires no interest payments during the build and can fund schemes a developer couldn't reach on their own balance sheet.
What is JV equity for property development?
JV (joint venture) equity is the most common form of development equity: the developer brings the site, the planning and the delivery expertise, and the equity partner brings the capital, into a jointly-owned vehicle (usually a special-purpose company). Profit is shared per the JV agreement — often a preferred return to the investor first, then a split of the remaining profit. JV equity suits developers who are land-rich but capital-light, or experienced operators who want to scale across several schemes rather than tie all their own cash into one. We introduce JV equity partners from our panel of 8 equity providers, family offices and UHNW investors.
Mezzanine vs equity — what's the difference in the capital stack?
Both sit above senior debt and below the developer's own cash, but they behave differently. Mezzanine is debt — a second-charge loan with a fixed (rolled-up) coupon, repaid in full on exit before any profit is split; it's cheaper than equity and the developer keeps all the upside. Equity is ownership — the partner shares in the profit (and the risk) rather than charging interest, so it costs more if the scheme does well but requires no repayment if it underperforms. As a rule: mezzanine to stretch leverage on a profitable scheme where you want to keep the upside; equity where you need genuine risk capital or can't service more debt. We model both against your profit-on-cost and recommend the structure that maximises your return — often a blend. See our mezzanine finance page for the debt side of this comparison.
How do equity and senior debt work together?
Equity is rarely used alone — it usually completes a capital stack that starts with senior development debt. Senior debt funds the bulk of cost (typically 55-70%), the developer and/or an equity partner fund the rest, and mezzanine can sit in between to reduce the equity needed. We structure the whole stack as one package — senior, mezzanine and equity — with aligned intercreditor terms and a single cashflow model, so the layers reinforce rather than fight each other. The goal is the lowest blended cost of capital that still gets the scheme fully funded.
Related
The rest of the capital stack
Mezzanine Finance
The debt layer above senior — stretch leverage and keep your upside. The other half of the mezzanine-vs-equity question.
Development Finance
The senior debt foundation that equity completes. Full development finance overview.
Forward Funding
An alternative to equity for the right scheme — an institutional buyer funds construction in exchange for the finished asset.
Ready to Discuss Your Project?
Get a development appraisal or arrange a call with a specialist.