Dev Exit on newly constructed detached house in Surrey One of our broker partners approached us on behalf of their client, who was looking for a Development Exit loan. This was to repay the existing first charge secured on a…
Development exit against six apartments in South West London The borrower was seeking a £1.35m refinance against a MUFB, with the aim of restructuring the property onto individual leaseholds before selling the units separately. The funding was provided at 75%…
Development Exit loan on a quick timescale The borrower, an experienced developer, required funding to repay their existing development loan. Due to a longer build time than expected, the client didn’t have enough time to sell the property before their…
Development Exit loan for development in Surrey 𝗤𝗨𝗜𝗖𝗞 𝗟𝗢𝗔𝗡 𝗢𝗩𝗘𝗥𝗩𝗜𝗘𝗪 Development Exit Finance 70% LTV 20 property site, houses and apartments All works complete 80% of properties sold One property reserved Loan to repay existing finance, extend sales period and capital raise…
Test heading Loan type Development Exit Bridging Loan at 62% LTV Loan size £3,560,000 Loan term 18 month term Property/asset Block of 15 new build apartments Property location Liverpool Borrower Developer Loan purpose Refinance on recently completed development to allow…
Development exit for Winchester site Loan type Development exit finance loan at 80% LTV Loan size £1,000,000 Loan term 9 month term Property/asset 2 new build residential units Property location Near Winchester Borrower Experienced local Property Developer Loan purpose Short…
