< p>More than three quarters of developers in the UK have concerns about the levels of service experienced from their lenders, according to latest research from Regentsmead.

The new research which was conducted via a poll of over 130 developers at the lender’s recent One Stop Shop event, is also supported by a survey from Knight Frank which found that many developers were experiencing little improvement in the structure and experience in borrowing money.

Many developers also added they were dismayed by the lack of funding available from reputable lenders.

“As the lender of choice for both NFB and FMB members, we want to address some of the concerns circulating in the industry regarding gaining access to finance,” commented James Bloom, CEO of Regentsmead.

“The event aimed to shed light on some of the most common pitfalls associated with financing various projects and provides developers with an open forum to ask questions to our panel of experts on a variety of issues from planning to warranty provision.

“Bank finance is still difficult to obtain and typically can take several months. We can deliver ‘in principle’ offers within minutes, often after just one phone call.”

Rebecca Palmer, a member of the construction and development team of law firm Prettys, spoke at the event where she commented: “It was thoroughly motivating; the speakers (each experts in their respective fields) provided valuable and relevant insights to a packed audience of developers and associated professionals and it was a pleasure to be part of such a successful and well-received event”.