Lender Product News: Development Exit Finance up to £10 million

Complete your project with confidence

Product: Development Exit Finance

Loan amount: from £250k to £10m

LTV: up to 70%

Term: up to 18 months

Interest rate: from 0.55% p/m

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Criteria

For development projects that have reached practical completion.

• Residential property, with new build warranty in place

• 1st charge securities

• Freehold, or leasehold with 80+ years left

• UK residents and companies

Note: The property cannot be lived in by you or your close family.

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