If your development project has reached practical completion and you are looking for lower cost funding whilst you sell the units. 
Loans from £100k to £5 million 
Terms from 3 to 12 months 
LTV up to 75% 
No early repayment charges 
Interest can be rolled up 
Lending on securities in England, Scotland and Wales 
Non-regulated loans 
Property we lend on 
Residential, with new build warranty in place. 
Property we lend on 
Residential, with new build warranty in place. 
How long does development exit finance take to complete? 
Typically funding can be provided in under two weeks. If all the necessary borrower information is provided upfront and the borrower side legal team is up to speed, we can provide funding in under a week. 
What are the payment options? 
INTEREST ONLY: Make monthly interest only payment. 
ROLLED UP FACILITY: To improve cash flow, interest can be rolled up and payed when the loan is redeemed. 
What other costs are involved? 
Legal and valuation fees are payable direct to carefully selected partners, prior to completion. The cost is variable, depending on the specific requirements of your case. There are no exit fees or early redemption charges. An arrangement fee of 2% is deductible from the total loan amount. 
What are the risks involved? 
As with any loan you risk incurring charges and losing your security if repayments are not made. The key to successful repayment of all our loans is a robust exit strategy. Ideally borrowers should have multiple exit strategies in place. 
For further information, call us on 0208 442 0111 
Alternatively you can complete the form below and we will be in touch. 
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