Property finance for end of development.
Reading Time: 2 minutes
May 5, 2020
If you are a developer who is approaching the end of their project, you may require a longer marketing period to sell your property in order to repay your development loan. An exit bridge could offer the perfect solution
Exit Bridge Finance
We can secure a bridging loan against the completed development, giving you an additional 18 months to finish the project and sell the property(ies), therefore easing time pressures.
Even if you have refinanced once, we can find a solution which enables you to refinance again. This may be suitable for developers who are anxiously waiting to sell in a more buoyant market.
As well as buying you valuable time, you will benefit from a lower interest rate on your borrowing. Rather than paying development rates of interest, we can offer rates from 0.47% with a bridging loan.
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