Refinancing solutions for completed developments, replacing construction finance while units are sold or let, with lower rates than development loans. Our Folkestone-based service connects you with specialist lenders who understand the Kent property market.
Development exit finance bridges the gap between completing construction and selling or letting the finished units. It replaces your development loan at practical completion, typically at lower interest rates, giving you time to achieve optimal sales prices rather than accepting reduced offers under funding pressure.
This product is essential for developers who have completed their build but haven't yet sold all units. Rather than extending expensive development finance or facing pressure to sell quickly, exit finance provides breathing room with more competitive rates and terms suited to a completed, income-generating asset.
Our development exit solutions include both single facilities covering all units and individual unit releases as sales complete. We structure deals that match your sales timeline, whether you're selling immediately or holding some units as rental investments.
Market Insight: Remarkable regeneration through creative industries investment. Harbour Arm now major destination. Property values rising rapidly from low base.
Harbour Arm transformation; Creative Quarter expansion; seafront restoration; Folkestone Harbour development
Growing appetite as regeneration proves successful. Creative Quarter properties attracting specialist interest.
Exit finance is typically available at practical completion, when the building is finished and units are ready for occupation. Some lenders will consider exit finance slightly earlier if the remaining works are minor. You'll need the practical completion certificate from your architect or contract administrator.
Development exit rates are typically 30-50% lower than development finance rates. Where development finance might be 0.9-1.2% per month, exit finance is often 0.5-0.75% per month. The exact saving depends on the completed scheme quality, location, and sales evidence.
Yes, most exit finance facilities allow individual unit releases. As each unit sells, the lender releases their charge on that unit in exchange for an agreed repayment amount. This allows you to reduce the loan progressively while retaining some units for longer if needed.
Exit finance can accommodate mixed strategies. You can sell most units to repay the exit loan while refinancing retained units onto buy-to-let mortgages. Some lenders will even structure the exit facility to convert automatically to term lending on units you wish to retain.
Dedicated development exit finance specialists with deep knowledge of the Kent market.
Access to 100+ specialist lenders including those with specific appetite for Folkestone.
Member of NACFB. Adherence to strict professional and ethical standards.
Successfully arranged millions in property finance across Kent and beyond.
Provider of non-regulated lending solutions. Your property may be repossessed if you do not keep up repayments on your mortgage.