£2.3M Development Exit Bridging Loan for Boutique Property Project

Client: Property Developer
Loan Amount: £2,300,000
Property Value: £3,800,000
Purpose: Development Exit – Release Capital and Extend Sales Period
Completion Time: 12 Days

Global Bridging Finance was approached by a boutique property developer who had recently completed a high-end residential development in Surrey. The client required a development exit bridging loan to repay their existing construction finance facility, release capital for future projects, and provide additional time to sell the remaining units at market value rather than at a discount for a quick sale.

The client’s challenge was twofold: their existing lender’s term was coming to an end, and they needed to act quickly to avoid incurring penalty charges. At the same time, they wanted a cost-effective solution that would provide breathing room without restricting their ability to move forward with new opportunities.

Our team structured a £2.3 million facility against the completed value of the development, offering a competitive rate and rolled-up interest to support cash flow management. The loan was agreed upon within 48 hours of receiving the valuation report, and legal completion took place in just 12 days.

This bespoke development exit solution enabled the client to release equity, repay their initial lender on time, and focus on strategically marketing the unsold units, thereby maximizing profitability.

Global Bridging Finance continues to work closely with developers across the UK, providing flexible bridging solutions that align with their project timelines and commercial objectives.