Sales Exit / Development Exit Finance
Essentially a bridging loan, when a developer gets to the end of the development finance term and they still owe finance, many development lenders can charge more arrangement fees, legal fees and default interest to extend the loan. What Development / Sales Exit Finance can achieve is not only clearing off the development finance but it gives you much longer to sell and thereby taking the pressure off taking lower offers on your properties. Often it means you can leverage capital at the same time meaning you can secure your next development opportunity whilst this one sells.
Why work with Helix?
- Unrivalled access to different lending sources
- Accommodate and create complexed structures where needed
- Market leading expertise
- Assist individuals and companies both in the UK and abroad
- Additional value added benefits
I have no hesitation in recommending David Turner, he is an excellent communicator and does exactly what he says he will do.