Bromley Development Finance: Residential Scheme at 120 Cudham Lane North Enters the Pipeline

A new residential application has entered the borough's pipeline, and it is the kind of scheme our desk sees financed week in, week out. Application 26/00631/FPA at 120 Cudham Lane North, Cudham, Sevenoaks, TN14 7QS is currently pending decision, according to the London Borough of Bromley planning register (Idox).

The proposal, as described on the London Borough of Bromley planning register (Idox), is the demolition of the existing detached dwelling and the erection of a replacement detached self-build dwelling: a one-for-one swap, with 1 unit demolished and 1 unit delivered. The register records the use class as residential, and shows the application was received on 18/02/2026, which means it has been with officers for just under six months as of this week.

Where it sits in the Bromley pipeline

Knock-down-and-rebuild applications on single plots are a steady feature of the borough's southern fringe, where larger gardens and detached stock make replacement dwellings viable. Schemes like this rarely make headlines, but they are the bread and butter of small-scale development activity across the area, and they are exactly the projects we track through our Bromley coverage, alongside the larger consented sites in the borough.

The finance angle

A self-build replacement dwelling typically needs two things lined up before a spade goes in. First, site or acquisition finance if the plot is being purchased, or a refinance of the existing dwelling to release equity for the build. Second, staged development funding to cover demolition and construction, drawn against monitored milestones. Specialist commercial lenders and bridging specialists both operate in this space, with challenger banks competitive on stronger covenants. On single-unit self-build schemes, our desk generally sees facilities structured at 60% to 70% of gross development value, with day-one land advances often sitting nearer 65% of current site value. Those are market norms from our own placement experience, not figures from the planning register, and every case prices on its own merits.

The exit matters just as much. If the applicant intends to occupy, the exit is usually a self-build or standard residential remortgage once the property is habitable. If the intention shifts to sale, a development exit facility can refinance the build loan, cut the interest cost during marketing, and remove the pressure of a hard loan maturity.

Our read as brokers

Sponsors watching 26/00631/FPA, or planning something similar on a comparable plot, should get their funding stack modelled before the decision lands. That means fixed build costings, a realistic contingency, a professional team appointed, and evidence of the exit route. Lenders move faster and price sharper when the pack is complete on day one. With the application received on 18/02/2026 and still pending decision per the London Borough of Bromley planning register (Idox), there is a window now to prepare terms so funds can draw promptly if consent is granted. Our desk arranges site finance, self-build development facilities, and development exit loans across the borough and the wider Kent border villages, and we are happy to give a view on any comparable scheme.