Blog post
July 1, 2020

Case study: Development Exit finance to support developers onto their next project

Client: First-time borrowers with a 17-year track record of running their own development company

Request: Development Exit finance for two completed properties to raise funds for acquiring their next project

Location: Cheshire

Loan total: £408,443

Rate: 0.65% (rolled)

LTV: 66.39%


A couple who had been running a development company for 17 years approached us for Development Exit on two 4-bedroom houses they had just finished in Cheshire.

They were looking to raise capital for the acquisition of their next development project. This was their first time borrowing as they had previously funded developments through the proceeds of sales. 

On this occasion however they wanted to move quickly to get the next project started, and their track record and quality of the completed projects gave us confidence to lend to them. 

The sale of both properties would more than clear the loan amount, and the borrowers were willing to refinance again if the sales could not be achieved by the end of the loan term, however this was not deemed likely by the valuers. 

This piece is part of our focus on Northern England and the opportunities for property investors there. If you want to discuss your next deal in the region, contact our BDM, Jan Gallagher on her email: [email protected], or you can connect with her on LinkedIn or call her on +44 (0)75 0363 2686.

For instant quotes and details on rates and offers, please visit our product page

Your privacy matters
We use cookies to offer you a better experience. To understand what data we collect you can access our privacy policy and cookies policy. You can also adjust your or confirm your consent by clicking the accept button.

The cookies we use: