Development exit finance

Refinance a completed or practically complete scheme onto lower-cost debt, repay your development facility, and release capital while units sell or let out.

Get indicative terms

Loan to GDV up to 75%

Term 3–18 months

Rate from 0.45%/mo

Security 1st charge

Drawdown single tranche

Indicative figures — subject to status, valuation and lender criteria.

What is development exit finance?

Development exit finance replaces an active development loan once a scheme reaches practical completion. It is priced closer to a bridging or term facility than construction debt, because the risk profile has changed: the build is largely de-risked and the lender is underwriting a finished or near-finished asset rather than a construction programme.

It is typically used to stop a development facility's clock (many carry a higher rate the longer they run past programme), release working capital while units are marketed, or buy time to achieve a better sale price than a forced, rushed disposal.

Who it's for

Developers whose scheme is complete or practically complete (typically PC certificate obtained or imminent).

Anyone whose development facility is running past its original programme and accruing at a higher rate.

Developers who want to release capital for the next site while units on the current scheme sell.

How it works

01 Confirm practical completion. PC certificate, or a clear date for it, alongside current sales/lettings progress.

02 Indicative terms in 48 hours. Sized against current GDV and outstanding development debt.

03 Valuation on the completed scheme. Reflects the finished asset, not the build-cost basis your development lender used.

04 Facility completes, development debt repaid. Remaining capital released to you, or held to fund the next acquisition.

Eligibility

Available once a scheme is complete or has a confirmed PC date. Part-sold or part-let schemes are considered on the remaining unsold/unlet units. Lenders will want sight of the original development facility's redemption figure.

Costs

Priced below construction-stage development finance since the build risk has passed — typically a lower monthly rate, an arrangement fee, and no further monitoring surveyor drawdowns. Indicative figures — subject to status, valuation and lender criteria.

When to use development exit finance vs. the alternatives

Bridging finance → your scheme isn't a development exit specifically — you need short-term funding for a different reason

Senior development finance → the scheme is still under construction, not complete

Questions on development exit finance

How is development exit finance different from bridging finance?

It is a form of bridging finance underwritten specifically around a completed development and its remaining development debt, usually with pricing and leverage calibrated to a finished-asset valuation.

Can I exit while units are still selling?

Yes — exit facilities are commonly used precisely to give a scheme more time to sell at full value rather than being forced into a rushed disposal to repay development debt.