Property Development Finance
Exit Finance
Property development “exit” finance is a type of specialist finance used to repay any existing, outstanding development finance on a project before it is sold. Exit finance is for projects which are complete but not yet sold. Exit finance works in a similar way to a bridging loan but at the end of the process. It’s used to pay existing creditors or lenders, and it is intended to be repaid upon the sale or refinance of the completed property.
Exit finance is short-term and is normally provided for a period of 3 to 18 months. These loans are usually offered at a lower interest rate than standard development loans because they are lower risk to the lender. Your rate will depend on the loan-to-value (LTV) ratio, your exit strategy and the length of the loan. Often, you’ll be offered rolled-up interest payments, meaning interest won’t need to be paid until the end of the loan. To help with cash flow, you are unlikely to have to make monthly repayments as the loan is simply paid off in full at the end.
Reasons to choose exit finance:
- To fund the completion of a project when existing finance agreements are coming to an end.
- Buy time to sell your project are the right time for you.
- Reduce the costs of a project by replacing your development loan with an exit loan.
- Release capital for your next project before your current one has completed.
Over the last 10 years, Hunter Finance have provided over £75,000,000 of funding on over 350 development projects across the South East, helping our clients take action on profitable opportunities and access outstanding returns on their investments.
What do we look for in our Exit Finance customers?
For over a decade, we’ve been providing Exit Finance to developers of all sizes across the South East of England including London, Hampshire, Sussex, Surrey, Kent and the surrounding areas. It doesn’t matter if you’re a first-time developer or you have a portfolio of properties, we love working with developers who have projects that need help to complete and bring them to market. We pride ourselves on offering competitive interest rates and fast professional service to all of our clients. There’s plenty to stress about in property development, but acquiring an exit loan doesn’t have to be one of them.
We have provided Exit finance for first-timers and large property development companies for over a decade and pride ourselves on offering competitive interest rates, and a fast, professional service to our clients.
- We’ve worked with more than 500 first time individuals and commercial property developers
- We have funded over 800 new build properties
- Our fast finance has helped clients achieve a profit of over £50M
No hidden costs: No brokers or upfront fees & no initial commitment.
If you need help exiting your project and unlocking your investment, don’t hesitate to contact us. In the meantime, read our guide to Exit Finance.
Exit Finance Lending criteria
We offer Exit finance development loans which can be used for short term financing, for developers of all sizes. We will need to undertake a risk assessment, review your exit strategy and understand your collateral before making you an offer.
Lending Criteria
Exit Finance Lending process
Exit finance can be obtained in a matter of days in some cases, however, we recommend planning ahead and allowing at least a couple of weeks for the process to take place. This will reduce stress all round and allow you to focus on your project.
Lending Process
Our Developers
We provide Exit finance development loans to experienced and first-time developers across the South East of England.
How much do we lend?How does Exit Finance work?
Sometimes we can tell when a good project needs a bit of help to get over the line. We also know that time can be precious and decisions needs to be fast. Because we’re an independent lender of exit finance, we’re not constrained by bureaucracy, or by board members, committees or middle men getting in the way. We provide exit loans to developers to pay off existing finance, complete a project, and take your property to market.
All fees, as well as interest, are rolled into the loan and repaid in one sum upon sale or refinance of the development. For example, if you take out a traditional mortgage. If the project has phased sales or refinancing with numerous units, we would simply take an agreed % from each sale to maintain our loan to value %.
Contact Us for Your Exit Finance
Contact us today to help get your project over the line and to secure your exit finance.
Stop Searching For Finance, Start Building
No Delays
Decisions in 24 hours, every project considered including complex cases.
Exit Loans that cover all costs
Access to 100% development finance for exiting your project.
One loan
Purchase, build loan and interest rolled up. No monthly repayments.
No hidden costs
0% brokers fees, zero upfront fees, zero initial commitment.
Finance your next project
Secure finance to line up your next project.
Accessible to first-time developers
Exclusive products and competitive fees for first time and inexperienced developers.
Explore Alternative Funding Options
Pre-Completion Loans
Pre-completion finance loans for property developments that are very close to completion.
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Equity Finance
Equity finance for property developers in return for a share of the development’s profit.
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Bridging Loans
Bridging loans for developers to provide short-term finance to ‘bridge the gap in projects.
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Development Finance
Development finance for private residential property developments in the South East UK.
ViewCould Pre-Completion Finance Work For You?
For projects which are near completion but in need of additional finance, a pre-completion loan could be the answer.
What Our Developers Have To Say
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