The Drawdown to Gross Development Value (GDV) ratio, often related to the Loan-to-GDV (LTGDV) ratio, shows the proportion of property development finance in the UK drawn or committed against the expected value of the completed project. Calculated as (total drawdown ÷ GDV) × 100, it indicates borrowing intensity relative to the development’s projected market value. This ratio is essential for SME developers and lenders to evaluate funding sufficiency and risk throughout the project, ensuring the finance aligns with the development’s anticipated final worth.
This sits beneath Drawdown Structure & Phasing, introducing a more specific variant of the measure without changing its core interpretation. In funding terms, Drawdown to GDV Ratio is most commonly encountered in connection with All-in-One Loan (Land + Building) within the property development capital stack.
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