Development Exit

Development Exit Finance
For development projects that have reached practical completion – replace higher cost development finance with flexible, low cost funding. Available for properties located in England, Wales and Scotland.

Development Exit Finance rates from:
0.7% monthly

Key features

Our Development Finance loans are fast and flexible, with competitive rates to suit most clients.

Max loan: £5,000,000
Min loan: £250,000
Max LTV: 70%
Max single unit: £1,000,000
Term available: 3 to 12 months
Arrangement fee: 2%
Early redemption fee: No fee
Interest method: Rolled or serviced

VAT Funding: LendInvest can assist if VAT is payable on a property purchase.

Lending criteria

Required for all Development Exit Finance:

  • Experience with residential units that have recently become available for sale
  • Proven market/demand for projects
  • Residential property, with new build warranty in place
  • 1st charge security
  • Freehold, or leasehold with more than 80 years remaining
  • Properties in England, Scotland, or Wales

Download our Development Exit product sheet

Inside you’ll find all you need to know about our Development Exit loans including: rates, fees and criteria.

Borrower requirements

Our requirements are generally the same for all borrowers, though we have specific things we check for individual or corporate borrowers.

View individual borrower requirements

View corporate borrower requirements

Valuation and legals

We take our legal and valuation requirements very seriously. Our loan evaluation process is designed to make this as efficient and reliable as possible.

  • Independent security valuation: We will carry out independent valuation of the borrower’s security in order to confirm how much we can lend against the property.
  • Legal conveyance: We will instruct our solicitors to work on your client’s mortgage. Fees are typically charged directly to the borrower by the solicitor.

Read more about the process of submitting business

View a breakdown of typical valuation fees

Ready to talk to a BDM?

Contact our expert team of BDMs if you have questions or are ready to proceed.

Get a quote

Looking to place business? Speak to our team of experts and get a clear idea if we can work with your client.