RESIDENTIAL BRIDGING

Finish & Exit Product

 

The Finish & Exit is designed for projects which are part-complete. This means they are not eligible for a traditional developer exit because there are works remaining on the site.

For example, the developer may have either run out of their existing development finance facility and so there are insufficient funds to complete the project or the developer was relying on sales processed to fund the project which have not come in.

STANDARD RATE

8.75% p.a.

LTGDV

70%

LTC

85%

LOAN RANGE

£500k – £10M

TERM RANGE

3-18 Months

Wooden House

Have A Question? Contact Us Today!

We are here to assist. Call Today on +44(0)2036033260 or email your enquiry.