Development Exit Finance
in Braintree

Choosing between extending your existing development facility and refinancing onto a dedicated exit product depends on the numbers. Many development lenders offer extension terms — but these are often at increased rates (1-2% premium) and with additional fees. A standalone exit facility from a specialist lender frequently works out cheaper, even accounting for the arrangement fee and legal costs of a new facility.

Exit finance is particularly valuable for developers who have multiple projects in the pipeline. Repaying your development lender frees up your borrowing capacity and track record for the next scheme, rather than having capital tied up in a completed but unsold project. This capital recycling effect can be worth more than the direct interest saving.

The exit finance market includes specialist bridging lenders, challenger banks, and some mainstream funders who have developed specific exit products. Each has different criteria around minimum units remaining, acceptable sales periods, and geographic focus. Matching your completed scheme to the right exit lender is as important as finding the right development funder in the first place.

London and the South East remain the UK's most active property development markets, underpinned by persistent housing undersupply against some of the strongest demand fundamentals in Europe. Land values are elevated but so are achievable sales prices, creating viable margins for well-structured schemes — particularly in outer boroughs and commuter towns where affordability pressures are redirecting buyer demand.