Development Exit Loans - Out of the Ground

We are a Development Exit Loan Lender - No Broker Fees, Funding Rate from 0.57% p.m., Max LTV 75% of MV, Release Money for Your Next Site!

We have three types of developer exit loans; if your site is out of the ground, please see details below. If your site units are at wind and water tight, please click on Developer Exit Loan, Wind and Water Tight. If your site is at practical completion, please click Developement Exit Finance, Ready for Sale

Why take a Development Exit Loan?

- Your relationship is not working with the Lender, and you may wish to change lender
- Your Lender has stopped paying drawdowns; for example, they didn't have the funds available to meet their obligations
- You are running out of time to complete the project, due to unforeseen delays; and your Lender may not be wiling to extend the term of the loan. If they are, they may propose to charge you unreasonable fees, or an increase in interest rates

What are the Development Exit Loans Terms and Conditions?

- No Broker Fees
- Interest rates from 0.9% per month
- Max LTGDV 65%, LTC 80%
- Rolled Interest
- Adverse credit considered on a case by case basis
- No minimum size, maximum size £5 million
- 1st Charge
- Residential properties: Flats, houses, HMO's etc.
- Properties in England and Wales
- Multiple security welcomed
- Corporate or individuals, for business purposes
- Debenture and Personal Guarantee for Corporate
- Foreign Nationals welcome: Directors from EEC, US, Canada, Australia, New Zealand, Singapore, and Hong Kong
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1 Hour to your Decision in Principle

A decision in Principle can be given within an hour of application, if during weekday hours. We can take a Bridge Loan from Decision in Principle to cash in your bank inside 4 days if necessary.

This information is strictly for the use of approved intermediaries only. Acre Lane Capital Ltd,a limited company registered in England under 11518927 whose registered address is 2nd Floor, 4 Beaconsfield Road, St Albans,. Hertfordshire, AL1 3RD. Acre Lane Capital Limited is registered with theOffice of the Information Commissioner for data protection purposes (reg. noZA457199). © Acre Lane Capital Limited 2021.