Development Exit Bridge
For developers needing more time before their exit strategy
3 hours
Enquiry to Decisions in Principle
- LTV calculated on Open Market Value (OMV)
- 3-12 month terms
- Rates from 0.65%, funding up to 75% LTV
About Oblix Capital development exit loans
If your client has recently completed a residential property and needs more time to sell, we may be able to provide them with up to 12 months of breathing space.
At Oblix Capital, we understand that developers can incur all kinds of problems that are out of their control. We’re help to help.
Key product information
- Rates from 0.65%
- Loans from £50k to £7.5m
- Terms from 3 to 12 months
- Fuding can be provided to individuals, partnerships and limited companies
- Development exit is for recently completed residential property only
- Interest can either be deducted or serviced
- Non-regulated development exit bridging throughout England, Wales and Scotland
- Enquiries that fall outside our guidelines may still be considered
Don’t see what you’re looking for?
We’re the home of creative real estate lending. We can consider enquiries that fall outside of these guidelines.
Speak to one of our experts today and they will see if there’s a way to get your deal done.
Get an indicative quote
Use our development exit bridging calculator to see if your case fits, and get a quick quote.
Don’t forget, we’re the home of creative real estate lending, so speak to one of our team if it doesn’t quite work at first glance.
Case study
Development exit bridge loan
Oblix Capital provided a bridge loan against three newly developed houses in Essex, valued at £1.96m.
The borrower wanted to refinance his existing development loan and raise some extra funds to allow him more time to sell the houses, as well as purchase a site they identified for sale. Oblix provided a bridging loan of £1.47m and this enabled the borrower to achieve his plans.
Talk to an expert about your project
Complete our application form, or call us direct on: 020 7495 1927