£500m+
Funding arranged
UK-wide · 100+ lenders · £500m+ arranged
Development exit finance, from completion to sold
We arrange the bridge that repays your development facility at practical completion, cuts the monthly carry once the build risk is gone, and funds a clear sales period, often releasing equity for the next site. We arrange and place; we are not a lender.
Development finance Practical completion Sales period Exit
DevExit bridges from here → repaying development finance, funding the sales period, releasing equity.
100+
Lender relationships
25 yrs
On the lender side
UK-wide
Coverage
What it does
One bridge, four jobs at completion
The day a scheme reaches practical completion, the expensive development loan is still running and the units have not sold. Development exit finance fixes all of that.
Repays
the development loan
Clears your development facility at practical completion and removes the construction-priced lender.
Up to ~75%
of GDV, indicative
Sized on gross development value, not build cost, so leverage reflects the finished scheme.
12 to 18 mo
sales runway
A clean marketing period so units sell at full value, not at a discount forced by a deadline.
Releases
trapped equity
Pulls surplus value out of the completed scheme to fund the deposit or land on the next site.
The saving
Cut the cost of carry the day the build risk ends
Development finance is priced for construction risk. The moment the scheme completes, that risk is gone, but the facility keeps charging for it. A development exit bridge replaces it with cheaper, short-dated debt for the sales period.
Lower monthly finance cost once the scheme is complete
Illustrative. Actual pricing varies by lender, scheme and leverage and is not an offer of finance.
Development exit finance explained
What is development exit finance?
Development exit finance is short-dated bridging that repays a developer's development facility at or near practical completion and funds the period until the scheme sells or refinances. It replaces the development debt, usually at a lower cost because the construction risk is gone, and gives the scheme time to sell at full value rather than at a discount forced by a loan deadline.
Read how a development exit bridge works, or model the saving against your development finance.
At a glance
- What it isShort-dated exit bridge
- WhenAt practical completion
- Sized onGross development value
- LeverageIndic. up to 70 to 75%
- Term12 to 18 months
- InterestRetained or rolled
- ExitUnit sales or refinance
Indicative only. Not an offer of finance.
Finance
The finance we arrange
Every way we repay a development facility and fund the run to sale, used alone or together.
Development exit finance
Development exit finance is the short-dated bridge that repays a developer's outstanding development finance facility at or near practical completion. It cuts the monthly carry to a holding cost, funds a clean sales and marketing period, and releases trapped equity for the next site. We arrange and place development exit bridges with the specialist bridging lenders and debt funds that fund finished and part-finished schemes across the UK.
Learn moreDevelopment exit bridging
A development exit bridge is a bridging loan secured against a finished or near-complete scheme that repays the development lender and is priced below development finance. It removes the pressure of a maturing development facility, lowers the monthly interest once the build risk has gone, and gives a residential development the sales period it needs to sell the unsold units or refinance before sale. We arrange and place development exit bridging with specialist bridging lenders and debt funds.
Learn moreSales period finance
The facility that repays a development loan at practical completion and funds the sales and marketing runway while a finished scheme sells. Sales period finance replaces construction-priced debt with a cheaper bridge once the build risk is gone, so a property developer can sell units at full value rather than discount them to hit a development loan redemption date. We arrange and place sales period finance with the lenders that fund a completed scheme through its sales period.
Learn morePart-complete development exit
Part-complete development finance is a short-term bridge for a scheme that is part-built but not yet at practical completion, where the original development facility has run out of term or headroom. It funds the remaining build costs to finish the scheme, then carries it through the sales period until the units sell or the development refinances. This is the facility that covers both the cost to complete and the sell-through, not just the unsold stock at the end. We arrange and place part-complete development exit finance with specialist bridging lenders and debt funds.
Learn moreUnsold units finance
The facility that bridges completed but unsold stock at the tail of a scheme, repaying the senior development loan once the build is done and releasing equity from the units already sold. Unsold units finance replaces construction-priced debt with a cheaper residual stock loan, removing the pressure of a maturing development facility while the remaining units are marketed and sold at full value.
Learn moreEquity release development finance
The structure that repays the senior development lender at practical completion and releases surplus equity from a finished scheme, so the developer can fund the deposit or land on the next project. Equity release development finance refinances construction-priced debt onto a cheaper development exit bridge once the build risk is gone, then frees the cash trapped between what the senior debt repaid and what the completed scheme is now worth.
Learn moreDevelopment exit refinance
The move that takes a finished scheme off development finance and onto cheaper debt once the build risk is gone. A development finance refinance repays the senior development loan at or near practical completion, either onto a development exit bridge that funds the sales period, or straight onto a buy-to-let or commercial term loan where the developer is keeping the units. We arrange and place the refinance with specialist lenders and line up the longer-term exit at the same time.
Learn moreProperty types
Exit finance, by what you built
Every scheme sells or stabilises differently. We know which lenders fund each one and how each exit is underwritten.
Residential apartment schemes
The facility that repays development finance on a completed block of flats at practical completion, then funds the marketing period while the units sell across the scheme. Residential development exit finance replaces construction-priced debt with a cheaper, value-led bridging loan once the build risk is gone, and removes the pressure of a maturing development loan while the apartments are sold or let. We arrange and place it with specialist bridging lenders and debt funds active in completed residential schemes.
Learn moreHousing developments and estates
The facility that repays a housing development loan at practical completion, releases the equity tied up in plots you have already sold, and funds the sell-down of the remaining unsold houses. Housing development exit finance replaces construction-priced debt with cheaper money once the build risk is gone, and removes the pressure of a maturing development loan while the last units are marketed and completed. We arrange and place it with specialist bridging lenders and debt funds active in residual stock lending.
Learn moreBuild-to-rent development exit finance
The facility that repays a build to rent development loan at practical completion, then carries the completed block through its lease-up and stabilisation period to a stabilised investment refinance or an institutional sale. We arrange and place the exit leg that competitor lenders rarely cover, so a finished BTR scheme is not left on construction-priced debt while it fills with tenants and reaches the income an investment lender wants to see.
Learn morePBSA development exit finance
The facility that repays a purpose-built student accommodation development loan at practical completion and carries the finished scheme through the academic-year lettings cycle to stabilised income. We arrange and place a development exit bridge that removes the construction-priced debt and the maturity pressure on a completed PBSA scheme, then line up the investment sale or term refinance as the exit. Figures are indicative and not an offer of finance.
Learn moreHMO development exit finance
The facility that repays an HMO or co-living development loan at practical completion and carries the finished scheme through the let-up of rooms to stabilised income. We arrange and place a development exit bridge that removes the construction-priced debt and the maturity pressure on a completed multi-let property, then line up the specialist HMO mortgage, buy-to-let term debt or a sale as the exit. Figures are indicative and not an offer of finance.
Learn moreMixed-use schemes
The facility that repays a development loan on a completed mixed-use scheme at practical completion, lowers the cost of capital, and bridges the differing sales and letting timelines of the residential and commercial elements. We arrange and place development exit finance for residential over commercial buildings once the build risk is gone, holding the flats through their sales window while the ground-floor commercial unit is let. DevExit is an arranger and introducer, not a lender.
Learn moreCommercial schemes
The facility that repays a development loan on a completed commercial or mixed commercial scheme at practical completion, lowers the cost of capital, and buys time to let and sell the units or move onto an investment refinance. We arrange and place development exit finance for offices, industrial, retail and roadside schemes once the build risk is gone, removing the pressure of a maturing development facility while the asset is marketed or stabilised. DevExit is an arranger and introducer, not a lender.
Learn morePermitted development conversions
The facility that repays a development loan on a completed permitted development conversion once Building Control has signed the scheme off and the structural warranties are in place. Permitted development finance replaces construction-priced debt with cheaper money the moment the build risk is gone, and gives an office-to-residential scheme room to split the titles, sell the flats or refinance them. We arrange and place it with the specialist lenders that fund finished conversions.
Learn moreHoliday and residential parks
The facility that repays a holiday park development loan at practical completion, funds the sell-down of the lodges and pitches, and carries the park through the stabilisation period until it trades as a settled business. Holiday park finance replaces construction-priced debt with cheaper money once the build risk is gone, and removes the pressure of a maturing development loan while the lodges sell and the park ramps up to a stable income. We arrange and place it with specialist bridging lenders and debt funds active in leisure and park lending.
Learn moreWhen it fits
When developers come to us
01
The development loan is maturing
Your facility is due before the units have sold. A development exit bridge repays it and buys time to sell.
02
Sales are taking longer than planned
Cut the monthly carry and avoid discounting units just to hit a redemption date.
03
You need equity for the next site
Release surplus value from the finished scheme to fund the next deposit or land purchase.
04
A scheme has stalled near the end
A part-complete exit finishes the build and carries it through to a sold position.
How we work
From first conversation to drawdown
Appraisal review
We read the scheme, the gross development value and the exit, and tell you what is fundable and on what terms.
Lender selection
We shortlist the desks most likely to fund the exit for this scheme, at the leverage and the speed you need.
Terms and negotiation
We package the deal, set the exit, run it to the market and negotiate heads of terms on your behalf.
Through to drawdown
We manage the valuation, the legals and completion through to drawdown, and frame the take-out before the bridge is drawn.
A note from the founder
“Development exit is where a developer's margin is either protected or quietly eroded. The day a scheme hits practical completion the expensive development facility is still running, sales take time, and lenders start counting. I have spent 25 years arranging the bridge that repays that facility, cuts the carry to a holding cost, and buys a clean sales window, often releasing equity so the next site can start. Every case still comes through me personally: the day-one and gross development value, the sales evidence, the exit story, the valuation, the legals and the drawdown. Clients are not handed off. They get answers.
Matt Lenzie Founder & Principal Broker
Coming up to practical completion?
Send us the scheme, the gross development value and the redemption date on your development loan, and we will come back with a view on fundability and likely terms within one working day.