Development Exit Finance

Development exit finance provides short-term funding to repay existing development loans once a project is near completion. It allows developers to release capital, reduce borrowing costs, or buy extra time to market and sell finished units.

As an independent broker, Avid Finance offers access to multiple lenders and clear guidance at every stage. Our team helps you secure developer exit finance quickly and with confidence.

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Up to 80% LTV
Rates from 0.55%
Allow time for asset sales
Reduce monthly interest costs
Raise capital for your project

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What is development exit finance?

Development exit finance is designed for property developers who are close to completing a project and want to refinance existing development borrowing. It offers a way to clear original loans while benefiting from more flexible terms and, in many cases, lower monthly costs.

This facility is often used to release equity for future projects, reduce financial pressure while units are sold, or extend marketing time. Avid Finance works with lenders who specialise in this type of finance and ensures your application is structured to highlight the strengths of your scheme.

Capital raise

Raise funds on top of the sum required to redeem your existing facility.

Share of sale proceeds

Withdraw further capital as unit sales progress.

Finish and exit

Raise additional funds to complete works after refinancing your existing facility.

Maximum funds

Secure optimal terms to increase funds released, including short duration and loan against OMV.

How development exit finance works

The process begins with an assessment of the completed or nearly completed development, including build quality, valuations and sales strategy. Lenders review the loan-to-value ratio, remaining debt and your plans for repayment before offering terms.

Once agreed, the new facility is used to repay the original development loan. This provides breathing space, often at a lower monthly cost, while you focus on selling the units or arranging longer-term funding. Avid Finance manages the application process and connects you with suitable lenders.

Development finance specialists

Easy application process

Raise additional capital in 1-2 weeks

Access to a wide range of lenders

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Key facts

Loan Amount	£50,000 to £50 million
Loan Term	Loan terms from 1 to 24 months
Loan-to-Value (LTV)	Up to 80%
Share of Proceeds	Extract up to 30% of sale proceeds
Interest Options	Serviced, retained or rolled up
Security	First, second and third charges
Rates	From 0.55% per month
Region	England, Wales, Scotland and Northern Ireland
Asset Types	Residential and commercial property

Client reviews

Henrik, Birmingham

The team at Avid Finance were able to arrange a bridge loan on a semi-commercial property within a week. Best service bar none.

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Avid Finance provided an exceptional personal service… the only firm I spoke to that I felt truly had my needs at the heart of the discussion.

Mandeep, Southall

I would strongly recommend Avid Finance for corporate/commercial deals. They have variety of products depending on our need and urgency.

Development exit finance explained

What can development exit finance be used for?2025-09-25T10:03:30+00:00

What can development exit finance be used for?

It is commonly used to repay existing development loans, release equity for new projects, or extend the sales period for completed units.

When should I apply?2025-09-25T10:03:36+00:00

When should I apply?

Applications are typically made once construction is substantially complete or very close to completion. This reassures lenders that sales are achievable within the loan term.

How much can I borrow?2025-09-25T10:03:42+00:00

How much can I borrow?

The amount depends on the value of the finished development and the lender’s loan-to-value limits. Facilities often range up to 65–70% of the gross development value.

How long does the finance last?2025-09-25T10:03:47+00:00

How long does the finance last?

These loans are short-term, usually running from a few months up to around 18 months, depending on the lender and project needs.

What security is required?2025-09-25T10:03:55+00:00

What security is required?

The loan is secured against the completed or nearly completed development. Lenders may also review sales contracts, valuations and projected cash flow.

Can I repay early if all units sell quickly?2025-09-25T10:04:02+00:00

Can I repay early if all units sell quickly?

Yes, many lenders allow early repayment, though some may apply a minimum interest period or exit fee. Terms should always be checked in advance.

What are the benefits compared to keeping the original development loan?2025-09-25T10:04:08+00:00

What are the benefits compared to keeping the original development loan?

Exit finance can offer lower monthly costs, improved flexibility, and additional time to achieve stronger sales prices without the pressure of an imminent loan expiry.

Do I need to have sold units already?2025-09-25T10:04:14+00:00

Do I need to have sold units already?

Not always. Some lenders will accept schemes with units still on the market, provided valuations and marketing strategies show strong prospects.

What costs are involved?2025-09-25T10:04:19+00:00

What costs are involved?

In addition to interest, borrowers should allow for arrangement fees, valuation costs and legal fees. A broker will outline all charges clearly at the outset.

Is developer exit finance available for first-time developers?2025-09-25T10:04:27+00:00

Is developer exit finance available for first-time developers?

It can be, though lenders often prefer borrowers with some track record. A well-presented scheme with clear sales evidence can still be approved.

Speak to a development exit finance specialist

Whether you want to repay an existing facility, extend your sales period or release equity for your next scheme, our team can help. Avid Finance provides clear, independent advice and access to lenders who understand property development projects.

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