^200k Property Development Exit Finance - Get a Quote

200k Property Development Exit Finance is a short-term loan (often known as bridging finance) used by property developers when a development project is nearly or fully complete. It allows the developer to pay off their existing development loan, giving them more time to sell the finished property or refinance it with a traditional mortgage.

Exit finance for a £200k project usually comes with lower interest rates than original development loans, as the risk for lenders is lower once a project is nearly finished. It provides quick access to funds (sometimes within days or weeks), gives developers more time to sell units at a good price, and may allow the release of equity for other projects. Payments can be rolled up, so there are no monthly interest payments, and loan amounts are usually tied to the post-completion value of the development.

To qualify for exit finance, the property must be mostly complete and meet lender criteria such as minimum level of build (often wind and watertight), a clear exit strategy (such as sale or refinance), and the provision of collateral (typically the property itself). Lenders will also assess the developer’s track record, the development’s value, and legal compliance. The loan is repaid shortly after the property is sold or refinanced.