Development Exit
Image
Key Product Criteria
The development exit loan is offered to exit development finance to provide extra time to finish works, to sell the development or to arrange long-term finance.
Purpose:
Refinance development projects that have reached or nearing practical completion
Maximum loan size:
£3,500,000
Loan term:
3 to 18 months
MAX LTV:
70%
Arrangement fee:
2%
Interest method:
Retained, Rolled-up or Serviced
Monthly rates from:
0.77%
Charge:
First
Early repayment charge:
None after initial 3 months of loan
Other Criteria:
