Securing development finance is often one of the biggest challenges property developers face. While many developers focus on loan-to-value (LTV) or loan-to-Gross Development Value (LTGDV), another factor can significantly influence how much funding is available: additional property security.

For many property developers, securing development finance can sometimes feel like a mystery. You submit an application, provide your appraisal, answer a series of questions and then wait for a decision. But what actually happens behind the scenes?