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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.
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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.
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STANDARD RATE
8.75% p.a.
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LTGDV
70%
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LTC
85%
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LOAN RANGE
£500k – £10M
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TERM RANGE
3-18 Months
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