Loan to GDV calculator
Work out the loan to gross development value a loan implies, the maximum loan at 70 and 75 percent of GDV, and how much headroom is left.
- Max loan at 70% GDV£0
- Max loan at 75% GDV£0
- Headroom to 75% GDV£0
Indicative only. The lender uses the valuer's GDV. Not an offer of finance.
Loan to GDV calculator: common questions
How do you calculate loan to GDV?
Loan to gross development value (LTGDV) is the loan divided by the gross development value, shown as a percentage. A 3.5 million pound loan against a 5 million pound GDV is a 70 percent loan to GDV. Lenders cap a development exit at a maximum LTGDV, commonly 70 to 75 percent, so the cap sets your maximum loan.
What is a good loan to GDV on a development exit?
Most development exit bridges size up to around 70 to 75 percent of GDV. A lower LTGDV is easier to place and prices more keenly, while the highest LTGDV needs strong sales evidence, a mainstream property type and a credible exit. Figures are indicative, vary by lender and scheme, and are not an offer of finance.
Is loan to GDV the same as loan to value?
No. Loan to value (LTV) measures the loan against the current, day-one value, while loan to GDV measures it against the value of the finished, sold scheme. On a completed development exit the two are close, but during a build the GDV is higher than the day-one value, so LTGDV and LTV differ.
Want the real number?
Send us the scheme and we will model the achievable loan to GDV across the market.