Development Exit Finance

UK Property Finance Limited is proud to offer a comprehensive range of development exit finance product portfolios for investors and developers. Suitable for a wide variety of applications, and with rates starting from as little as 4.99% PA, we can help you find an unbeatable development exit loan from a specialist lender you can count on.

What is development exit finance?

Lenders provide development exit finance as a financial option to developers and investors so they can refinance their current development loans and pay them back.

Development exit finance can be used by developers to repay debts prior to selling the development after its completion. The benefits of developer exit finance include:

  • Cutting costs and increasing profit due to exit finance being typically cheaper at this stage
  • Bridging the gap between the completion of the project and the sale if the current loan term reaches its conclusion before the sale is completed.
  • Freeing up capital at an earlier date enables developers to commence new development projects before the completion of the sale.

Development exit finance is a type of bridging loan that can be arranged quickly, is short-term, and has relatively low-interest rates, making it an attractive option for developers.

When a property development project is complete, developers may need additional time to either sell or refinance the project. Rather than selling under pressure as they approach the end of the term with their current lender, an alternative is to secure a business development exit loan, which will provide the additional time needed to find the right buyer(s).

With this type of loan, interest is calculated on a daily basis, meaning that if you repay the loan early, you can bring down overall borrowing costs. There are no exit fees for development exit finance.

Let us help you get a better deal on your current loan

With interest rates starting at as little as 4.99% PA, an individually tailored development exit loan could prove significantly more competitive than your current loan. If you are unhappy with the interest rate on your existing agreement, you could consider switching to a development exit loan with a much lower APR.

Whatever your planned exit strategy, it may be possible to save money and reduce fees by considering development exit finance from the onset.

Typical Development Exit Funding Criteria

At UK Property Finance Limited, our flexible approach to development exit funding enables us to create bespoke solutions for every investor and developer we work with.

Key criteria for development exit loans include the following:

  • 75% maximum LTV
  • Target loan size: £1m to £10m (but will consider less)
  • Max loan repayment term: 24 months
  • 1% to 2% fee
  • Rates start at as little as 4.99% p.a.
  • No exit fees or early repayment charges
  • Adverse credit cases are considered.
  • Facilities for first-time developers
  • Option to roll up or retain interest
  • Available in England, Scotland, Wales, and Northern Ireland
  • Obligation-free initial advice and support

UK Property Finance will conduct a whole-market search on your behalf in order to find the best possible deal from one of our specialist lenders here in the UK. With no direct brand ties or affiliations, we are able to provide 100% honest and impartial advice for the benefit of the clients we work with.

Book your obligation-free consultation with a member of the team at UK Property Finance today. We are standing by to take your call.