Part-Complete Schemes
Finish & Exit Finance
For part-complete schemes that need funding to reach practical completion and sale.
The Finish & Exit facility is designed for schemes that are materially advanced but not yet eligible for a traditional developer exit because works remain on site. This can arise where an existing development facility has been fully drawn, or where anticipated sales have not yet completed.
Typical scenarios
A developer may have exhausted their existing facility with limited works remaining, or planned to fund completion from sales that have not yet transacted. Finish & Exit refinances the existing debt and funds the remaining works through to practical completion.
Assessment focus
We focus on the cost and time to complete, the current build status, the projected gross development value and the strength of the sales or refinance exit. A monitoring surveyor and independent valuation are typically instructed.
At a glance
Indicative only- Rate from
- 0.95% per month
- Max LTV
- Up to 70% LTGDV
- Loan size
- £250,000 – £10,000,000
- Term
- 3 – 18 months
Key features
- Refinance of existing development debt
- Funding to complete remaining works
- Suitable for materially advanced schemes
- Bridge to sales or term refinance
- Considered where the exit is clear and credible
Published Criteria
Indicative criteria
Indicative only — subject to underwriting, credit approval and independent valuation. These figures do not constitute a formal offer of finance.
Explore this facility for your transaction
Charter HCP Bridging is not authorised or regulated by the Financial Conduct Authority. We only consider business-purpose and other unregulated lending. We do not offer regulated residential mortgage contracts or consumer loans. All finance is subject to status, valuation, legal due diligence, credit approval and satisfactory documentation. Submission of an application does not constitute an offer or guarantee of finance.