Development Exit Finance — Lower your rate. Release equity. Buy time to sell.
You've done the hard part — the project is complete or close to it. Development exit finance lets you clear your existing loan, step down to a lower bridging rate, and give yourself the time and breathing room to achieve the sales price you're looking for.
Use the calculators below to search the market yourself, or give me a call and I'll do it for you.
What Is Development Exit Finance?
Development exit finance is a bridging loan used to replace your existing development loan, either when a project is complete or when it's reached a stage where the risk profile has significantly reduced — typically when the build is wind and watertight.
Because the risk to the lender is lower on a near-complete or finished project, exit rates are meaningfully lower than development finance rates. You're no longer paying for construction risk. That difference can be significant on a larger loan.
Like standard bridging, interest is either rolled up or retained up front. There are no monthly payments. You repay the whole lot when you sell or refinance.
When Would You Use It?
Your development loan is coming to term
Sales are taking longer than expected. An exit loan gives you more time without the penalty of going over term with your current lender.
Project is wind and watertight — not yet finished
Once the main structure is weather-tight, risk drops sharply. Exit finance can clear the development loan and fund the remaining fit-out at a lower rate.
Sales are agreed but running slow
Buyers are in place but conveyancing is dragging. A development exit gives you capital now against those agreed sales, without waiting for completion.
You want to fund your next project
Rather than waiting for proceeds to land, use a development exit to release equity tied up in the current scheme and get moving on the next one.
Search the Market Yourself
Use the calculators I built to search real lenders with real rates. Two versions depending on your situation:
Or if you'd rather I do it — call me on 07930 653 209 and I'll come back with options usually the same day.
How the Process Works
You get in touch
Call me or fill in the enquiry form. Tell me where the project is — complete or part-built, what the current loan balance is, and what the property is worth now.
I assess the deal and search the market
With my underwriting background I know which lenders will move quickly on exit cases and what they'll want to see. I'll search across 100+ lenders and come back with a genuine shortlist.
Valuation instructed
For completed projects a RICS valuation is required. For part-built schemes, the valuer will assess current value plus projected GDV minus remaining costs. Allow a little longer for part-built valuations.
Offer and completion
Completed projects can often complete within a few weeks once the valuation is in. Part-built schemes take a little longer. I chase every stage so nothing stalls on your side.
Ready to Reduce Your Rate and Release Equity?
Tell me about the project and I'll come back with options — usually the same day.