Whole of market
Lender coverage
UK-wide · Whole of market · Broker, not a lender
The scheme is finished. The loan has a date on it.
We arrange development exit property finance: the funding that repays your development facility at or near practical completion, carries the scheme through the sales or letting period at a holding cost, and puts your equity back to work.
Redemption runway
When does your development facility expire?
—
of runway remaining
A model, not an offer of finance.
UK-wide
England, Scotland & Wales
1 working day
Initial view on terms
Broker
Arranger, not a lender
The moment we work in
Three pressures arrive with the completion certificate
Practical completion is the point where a development stops being a construction project and starts being a financial one. Every scheme meets the same three problems there.
P1
A redemption date that will not move
Development facilities expire on a contract date, not when your last unit completes. Miss it and default interest starts compounding against your margin.
P2
Construction pricing on a finished building
Once the roof is on and the certificates are signed, you are still paying a rate that was set for build risk you no longer carry.
P3
Profit locked inside the scheme
The value you created sits behind the development loan until something repays it. Meanwhile the next site will not wait.
The definition
What development exit property finance does
Development exit property finance is short-term secured lending that repays a developer's existing development facility once a scheme is complete or nearly complete. Because the lender is now funding a finished asset rather than a construction programme, the pricing reflects holding risk instead of build risk, and the term is set to the time the units genuinely need to sell or let.
The structures behind that sentence vary: a clean exit bridge, a finish and exit facility where works remain, sales period funding with per-unit release pricing, or a cash-out that releases equity above the balance being repaid. The full map starts at development exit loans, and you can model a case in the exit loan calculator.
The shape of a typical facility
- SecurityFirst charge, finished scheme
- Sizing basisGDV or NDV, not build cost
- LeverageIndic. up to 70 to 75%
- PricingIndic. 0.65 to 0.95% / month
- Term6 to 18 months
- InterestRetained or rolled, usually
- RepaymentUnit sales or refinance
Illustrative bands, not an offer of finance.
Solutions
The structures we arrange
Different exits need different facilities. These are the ones we place, alone or in combination.
Your exit, funded either way
Built around what you actually plan to do next
Sell everything, keep everything, or something in between: the facility should be shaped by the plan, not the other way round. We structure the loan so the term, the release pricing and the take-out all match the route you have chosen.
Selling the units
An exit facility set to the realistic absorption rate, with release pricing agreed per unit so each sale pays the loan down cleanly.
Holding to rent
A bridge through lease-up to a term refinance, sized so the rental cover tests pass when the take-out lender applies them.
Finishing the last works
A finish and exit facility that funds the remaining snagging or fit-out and then carries the scheme through the sales period in one structure.
Releasing capital
A cash-out above the balance being repaid, underwritten against the finished value, so the next acquisition starts before the last sale settles.
Scheme types
Underwritten by what you built
A block of flats, a phase of houses and a student scheme all redeem differently, and lenders price that difference. We match the desk to the asset.
New-build housing
The facility that repays development finance on an estate of new-build houses at practical completion, then funds the sell-down while the plots are...
Learn moreApartment schemes
The facility that clears development finance on a finished block of flats at practical completion, then carries the runway while the apartments sel...
Learn moreBuild-to-rent developments
Build-to-rent does not sell, it stabilises. The exit on a completed build-to-rent scheme is the lease-up: the gap between practical completion and...
Learn moreStudent accommodation
The facility that repays a student accommodation development loan once the block is signed off at practical completion, then carries the finished s...
Learn moreOffice-to-residential conversions
Development exit finance for an office-to-residential conversion is the short-term loan that repays the development facility once the converted fla...
Learn moreMixed-use developments
A mixed-use scheme carries two exits inside one building: the flats sell one by one while the ground-floor commercial units let to an occupier, and...
Learn moreHMO conversions
The facility that repays the development loan on a completed HMO conversion, then holds the building while the rooms are let and the licence is sig...
Learn moreHow it runs
Enquiry to redemption, without the circulation exercise
We do not blast a case to forty inboxes. We underwrite it first, then present it once, properly, to the desks that fund this exact kind of exit.
Send the position
The scheme, the outstanding balance, the redemption date and where sales or lettings stand. A morning's work, not a data room.
Get a straight read
Within one working day: whether the case funds, at what indicative leverage and price, and which lenders it genuinely suits.
We place and negotiate
One presentation of the case to the right desks, negotiated heads of terms, and a valuation and legal process we chase to completion.
Draw down and redeem
The development lender is repaid, the pricing drops to a holding cost, and the scheme gets the runway it needed.
What is your redemption date?
Tell us the scheme, the balance outstanding and the date your development facility expires. We will come back within one working day with a view on fundability and indicative terms.