What is Development Exit Finance?
Development Exit Finance can replace your current loan when your project is completed. Your initial loan may be coming to and end or its may be on a very high rate of interest, Development Exit Finance can give you the option to replace your current loan with affordable short term finance.
Why would you need Development Exit Finance?
Development Finance is a good way to get a project started. However, SFA Mortgages understand that it is not always possible to raise the repayment funds before the end of your loan term. Development Exit Finance can help with this.
As soon as your project is finished, or your initial loan is coming to and end, Development Exit Finance can give you the freedom to refinance the project at a more affordable rate. This means, you can sell the development in your own time and possibly raise extra funds.
Key Features of the SFA Development Exit Finance
Loan term between 1 months to 3 years
Offering upto 75% of value
Rates from 0.45% per calendar month
From £200,000 upwards
Raise extra funds while your project is selling
Retain part of your proceeds from every unit sold
To check if Development Exit Finance is for you, call SFA Mortgages on Tel: 01158458665, Mobile: 07938333028, request a call back or fill in the short application form below and we will be in touch shortly.
The SFA Development Exit Finance includes:
Min 48 hours Completeion
Non-Status lending available
No geographical restrictions
No upfront fees
No upper lending limit
To find out if an SFA Land Mortgage is what you need, do not hesitate to contact SFA Mortgages or click the button above to fill in the short form.