Development Exit Bridging

As your development project nears completion, you don't need to keep paying expensive development finance rates. A development exit bridging loan lets you refinance onto a cheaper facility while you sell or let the finished units. This preserves your margins and gives you the breathing room to achieve the best possible sale prices — rather than being forced into a fire sale by an expiring development loan.

How It Works

Once your development is substantially complete — typically at practical completion or when units are ready for occupation — we refinance the outstanding development debt onto a bridging loan at a significantly lower rate. You then have up to 12 months to sell the units at market value or arrange long-term buy-to-let mortgages. The exit bridge is repaid from sale proceeds or refinance funds as each unit is disposed of.

Key Features

• Completion in as little as 7 days
• Decisions within 24 hours
• Up to 70% LTV on residential property
• Rates from 0.89% per month
• No exit fees on residential loans
• Partial release available as units are sold
• Self-employed and retired borrowers welcome
• Poor credit history considered
• Maximum borrower age of 85

Who Is This For?

Development exit bridging is designed for property developers completing residential or mixed-use schemes who want to reduce their borrowing costs immediately. It's also ideal for developers who want to hold finished units while finding the right buyers or tenants, rather than accepting below-market offers under time pressure from an expiring development facility.

Rates & Costs