Development Exit

Development exit finance is used to repay outstanding finance against a property once the project is complete.  There are three main reasons why this type of finance may be right for you or your client:

 

  • Allows developers to pull out cash of completed schemes.
  • Allows more time for the sale of units.
  • Development exit finance can be used to reduce finance costs without incurring an early repayment charge.

Development Exit

Arrangement Fee

2%

Loan Size

£100K – £25M

Interest

From 0.499% pcm

LTV

Up to 70%

Borrower-Type

Can be used for –

Completed residential property

Security-Type

Will consider a wide variety of security, from boutique developments to tower blocks

Location

England, Wales, Scotland and Northern Ireland