Loan Exit Strategy
Property Development Exit Strategies
An exit strategy is your ability to pay off your bridging loan or property development finance.
Having a strong exit strategy makes your loan application process faster and more likely to be successful.
What does Hunter Finance offer?
Hunter Finance assesses all loan applications on an individual case by case basis.
As we are generally repaid by our borrowers, we don’t offer exit loans as such. Those who seek exit loans go through buy-to-let mortgages or a refinance loan.
A bridging loan or property development loan can be redeemed as follows:
- Buy-to-let mortgage
- Refinance loan
For most property developers, the exit strategy will be to repay on sale of the development.
If you are developing a property for sale then your exit strategy is to use the equity from the sales to pay off your development finance loans. Call our Sussex office on 01825 749721.
Prepare your exit plan
Consider the following questions when preparing your exit strategy:
1. How long will it take for the completion of your project?
2. Have you allowed for delays and setbacks?
3. What is the best exit plan for you?
4. Do you have buyers for your properties?
Read more: Developer Exit Loans Explained
Contact us today if you would like to discuss your development finance options further with our property loan experts.