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

LTV

Up to 70%

Borrower-Type

We will consider a wide variety of borrower types including private individuals, limited companies (onshore and offshore) and trusts

Security-Type

Completed residential property, including houses, blocks of flats and boutique developments

Location

England, Wales, Scotland and Northern Ireland