Development Exit Finance2026-03-27T15:09:28+00:00

Development Exit Finance

Up to

80% LTV

  • Rates from 0.75% per month
  • Fund prior to practical completion
  • Accelerate cashflow
  • Retain up to 20% of sale proceeds

Flexible finance for developments nearing completion

Colenko’s development exit finance helps unlock more capital as your scheme approaches practical completion, supporting the exit and keeping momentum while remaining units sell.

Deals we fund

Colenko provides development exit finance for completed or near-complete residential projects, helping release capital while sales progress. Typical uses include single units, small schemes, part-released phases, and cashflow-led capital recycling across a wider development.

Single Units

Small to Mid-Sized Schemes

Partial Exit

Capital Recycling

Key facts

Loan amount £100,000 to £3 million
Loan term Up to 18 months
LTV Up to 80%
Monthly rate From 0.75% per month
Interest Serviced or rolled up
Sale proceeds retained Up to 20%
Project stage Complete or near completion
Building control certificate Not required for funding
Security First charge
Ownership Individual or SPV
Region England and Wales

Our process

We bring development experience, disciplined structuring, and swift execution to provide exit funding that releases capital, supports ongoing sales, and keeps the overall plan on track.

Contact our sales team

Mark Marlow
Mark Marlow
Head of Sales
mark@colenko.com
020 4576 9470
Lee Moran
Lee Moran
BDM, London and South
lee@colenko.com
020 7948 9706

Why choose Colenko?

Choosing a lender is about more than rate. With Colenko, you gain a proactive partner, clear communication at every stage, and the necessary experience to keep your transaction moving from first conversation through to completion.

Clarity

We lend with a clear understanding of your circumstances, providing full transparency on what we can offer. By assessing your situation thoroughly, we deliver funding that works from the outset.

Communication

We keep you informed throughout the process with clear, straightforward updates. You can move forward with confidence, supported by consistent and reliable communication.

Commitment

When we issue terms, we stand behind them. We navigate complexity, overcome challenges, and remain committed every step of the way to ensure your loan progresses smoothly to completion.

Highly Commended Bridging Lender of the Year 2025 NACFB

What our clients say

Here’s what clients say about working with Colenko. From first conversation to completion, we focus on clear communication, practical solutions, and keeping deals moving.

“I had a really positive experience with Colenko. The team stepped in and helped complete the deal smoothly. They were proactive throughout and communication was clear from start to finish. The process was well managed and efficient. I’d happily recommend them.”

Marianne, Kensington

“Our broker recommended Colenko and, given our tight timeframe and first auction purchase, we were initially a little hesitant. However, the team were excellent from the start. They were supportive, attentive and kept us updated while guiding us through the process.”

Olu, Lewisham

“We’ve worked with Colenko on several transactions and the experience has always been smooth. The team act quickly to ensure deals complete on time, even with tight auction deadlines. Their responsiveness and efficiency make the whole process straightforward.”

Michael, Oxford

Frequently asked questions

What is development exit finance?2026-02-02T09:27:47+00:00

Development exit finance is short-term funding for residential schemes that are complete or close to completion. It is typically used to replace development finance, release capital, and provide more time to sell units without pressure from an expiring facility. This is sometimes referred to as a development exit loan.

Can funding be provided before practical completion?2026-02-02T09:29:15+00:00

Yes. Colenko can advance funds prior to practical completion where the scheme is well progressed and building control sign-off is expected in the near term. Each case is assessed based on project status, sales profile, and overall risk.

What does a development exit loan cost?2026-02-02T09:29:36+00:00

Pricing is case-specific and reflects the stage of the scheme, loan structure, and sales profile. In many situations, switching to development exit finance can reduce overall interest costs compared to remaining on a development facility, while also extending the sales period and helping avoid term-end penalties.

Can an AVM be used instead of a full valuation?2026-02-02T09:29:48+00:00

Development exit lending is not usually underwritten solely using an automated valuation model, as AVMs can be unreliable for new-build or part-complete properties. In some cases, an AVM may be used to support the lender’s analysis alongside more detailed valuation evidence.

Can sale proceeds be retained as units sell?2026-02-02T09:30:00+00:00

Yes, subject to the agreed structure. Colenko can allow you to retain up to 20% of sale proceeds as units complete and sell, provided the loan remains within covenant and the repayment plan remains robust.

When is exit finance most appropriate?2026-02-02T09:30:11+00:00

Exit finance for property developers is typically used when a scheme is complete or nearing completion, an existing development loan needs to be repaid, and more time or flexibility is required to complete sales in an orderly way.

How long can a development exit facility run for?2026-02-02T09:30:21+00:00

Exit facilities are usually short-term, often up to 12–18 months, giving sufficient time to complete sales while maintaining a clear and realistic repayment strategy.

Is development exit funding available to SPVs and individuals?2026-02-02T09:30:33+00:00

Yes. Development exit funding can be provided to both special purpose vehicles and individual borrowers, subject to underwriting and the overall structure of the transaction.

What security is required?2026-02-02T09:30:42+00:00

Development exit finance is typically secured by a first legal charge over the property or scheme being funded, ensuring a clear and straightforward security position.

Speak to a development exit specialist

Get a clear view on exit terms and structure, with fast answers and no unnecessary complexity.

Go to Top