Also referred to as ‘Sales Period’ or ‘Developer Exit’ Finance, this innovative financing solution allows you to repay your existing Development Loan with ease.

What is Development Exit Finance?

Development Exit Finance serves as a bridge to repay your current Development Loan, offering a new loan for up to 18 months. This financing option becomes applicable once your development project is completed or nearly completed, transitioning from construction risk to sales risk. The interest rates are typically lower than the original Development Loan, reflecting the reduced risk and focusing primarily on the sales aspect.

Key Features:

• Loan Amounts: From £100,000 to £25 million.
• Market-Leading Rates: Enjoy competitive exit finance rates starting from 0.49% per month.
• Nationwide Coverage: Finance options available for England, Scotland, Wales, Northern Ireland, and Ireland.
• Up to 100% Financing: Loans covering the entire development finance cost.
• No Exit or Early Redemption Fees: Experience the flexibility of repayment without additional charges.
• Inexperienced Developer Options: Tailored solutions for those new to the development landscape.
• 2nd Charge Options: Additional financing possibilities with second charge options.
• Extended Terms: Flexible terms of up to 30 months.
• Consideration for Complex Cases: We always assess and consider complex financing scenarios.
• Diverse Ownership Structures: Finance available for various ownership structures, including multiple SPVs, offshore SPVs, UK-based trust structures, overseas trust structures.
• Project Variety: Finance for new build, conversion, or refurbishment developments, including mixed-use and student accommodation.
• Specialized Asset Financing: Source finance for diverse assets like land, commercial to residential conversions, care homes, golf courses, places of worship, petrol stations, fisheries, airspace development loans (with acceptable security), and charities.

Benefits of Development Exit Finance:

1. Cost Savings: Enjoy lower interest rates compared to the original Development Loan, saving significant sums on financing costs.
2. Profit Retention: Avoid the need to reduce asking prices to expedite sales for impatient Development Lenders, retaining and increasing your profit margins.
3. Flexibility: Experience flexibility with terms, financing structures, and options for various project types.
4. Comprehensive Coverage: Whether you’re a seasoned developer or new to the field, our financing solutions cater to your unique needs.