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Can I get development exit finance?

Essentially, if you have development finance borrowing in place, you will be eligible with most lenders. This is because your existing lender will have checked you are a suitable applicant. You just need to have enough equity in your property.

You would typically use development exit finance on larger scale projects where many properties are being built.

You can use this type of lending if you have run out of time or the money to finish a project you are currently working on. It can provide a very useful cash injection at the critical end point of a build. You can then sell, or refinance with long-term borrowing – we can help you with this too.

Factors that may impact you getting development finance

Factors that may impact your ability to receive development exit finance would be:

  • Some types of adverse credit.
  • Not having enough equity to refinance.
  • A large proportion of the properties are not yet ready to sell.
  • Your properties are not wind and water tight.

Today's development exit finance rates

Build projects requiring development exit finance are complex. Our advisors will need the details of your case to give you an interest rate, based on today’s lender options. Enquire online now.

Eligibility for development finance

  • You can be a first time buyers or experienced investor
  • You must be at least 18 years old
  • Minimum deposit 25 per cent of unit value
  • Upper age limits at application are flexible
  • Low personal incomes are accepted
  • Property, pension and employment income is OK
  • Ready to get started?

    Your personal advisor will call. Direct lines start 01603. Get today's rates, help, or apply. Lender terms provided in as little as two hours!

What is development exit finance?

Development exit finance is a type of bridging loan used by developers near the end of the build cycle.

While development exit finance is typically considered a ‘Plan B’, used when you are facing challenges in completing a project. It is a type of borrowing you can fall back on, rather than borrowing you would plan to use.

If you want to apply, you will need to:

  • Provide a viable exit strategy (e.g. sale of property or refinance to long-term borrowing)
  • Provide collateral (you must have equity in the property based on its market value to be able to take out an exit finance loan)
  • Evidence of work completed (to include planning permission and warranties etc.)

What can I use development exit finance for?

You can use this type of borrowing if you need more time, or money to complete a ground up build project that has overrun in time, or run out of cash to complete works.

Development exit finance can also be used to raise capital in order to meet other financial obligations. It can provide you with the time you need to sell your finished unit(s).

Developers may find it makes financial sense to simply switch to development exit finance near the end of the build cycle, as rates can be slightly lower than development finance, in some cases.

How much can you borrow with development exit finance?

There is no upper limit to the cash sum you are able to borrow with development exit finance, however, you will typically be able to get 75 per cent of the market value of the property.

This will depend largely on the details of your case, your experience, credit worthiness, and amount of equity you have to put down.

Why choose Commercial Trust?

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Apply with ease by phone

It couldn’t be easier to secure exit finance with our expert advisors. Ask all your questions and arrange an application on the phone from your sofa.

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World class customer service

We’ll find you a great deal and take all the admin work off your shoulders, so you can relax while we get your finance completed. All the while giving you progress updates.

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Specialist expertise

We specialise solely in property investment solutions, which means that you will get a recommendation based on detailed knowledge of the latest deals available.

We can help you with...

  • You can borrow against ground-up residential or commercial developments
  • You can borrow against multi-unit projects
  • Commercial to residential conversions are accepted
  • Heavy refurbishments are accepted
  • The properties must be wind and water tight
  • Your deposit must be at least 25% of the total unit value
  • The exit finance must be the only borrowing in place
  • You can invest in personal name
  • You can invest via a trading limited company or Special Purpose Vehicle.
  • You can borrow for up to 24 months

Costs involved with development exit finance

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  • Lenders may charge you for the valuation conducted on your property. They often also charge a product fee, which is deducted from the gross loan amount.

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  • You will need a conveyancing solicitor who will charge fees. Read our guide to choosing a conveyancing solicitor.

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  • We charge a broker fee for our work. You pay in two parts. A booking fee, once we have found you an exit finance deal, paid at application. The majority of our fee is paid at completion of the loan.

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  • Every development finance loan comes with monthly costs based on the interest rate the lender charges. These are paid on either an interest-only basis.

How to apply for development exit finance


Tell our advisors about the project you are investing in, your needs and circumstances and exit strategy for paying off the loan. If you have credit concerns, let us know, so we can put you with the right lender.


Your adviser will find the best possible deal from a search over a wide range of lenders. They will get you a lender decision in principle, this requires a soft-credit search (occasionally it is a hard credit search).


Your advisor will call to discuss the product they have found for you. You will be presented with a tailored solution, which is the best match for your needs, and offers you the most cost effective option.


On your instruction, your advisor will submit your application to the lender. A valuation report will be needed from a surveyor, site visits may follow. Your account manager does all liaison and administrative work to get the funds paid out.

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Frequently asked questions

Development exit finance works much like any other loan. There is a cash lump sum, interest, and term length. However, because of what development exit finance is funding (a large construction), funds can be released in stages (or ‘drawdowns’).

A drawdown means that once you have agreed the terms of the loan, you’ll receive portions of the total borrowing as you different stages of development.

Development exit finance works in a similar way to development finance, in that both have drawdown facilities that borrowers may use in order to fund portions of the build. Development exit finance is likely to need fewer drawdowns, as it is usually taken out at the end of the build cycle.

A development exit loan will only be able to be taken out once the newly build properties are at the very least wind and water tight.

In the context of property development, development exit loans can either buy you more time to sell the properties, inject further cash in order to complete works, or can be a cost cutting move as you progress to the final stages of development.

The stages of development include purchasing the land, securing financing, all stage of the build cycle, then exiting the loan via sale or long-term financing. Click through to read our guide on development finance.