Types of loans

Exit Finance

Completion in days, not weeks
South West, South Coast England and South Wales
  • 48 hours

    decision time

  • 3 to 12 mths

    loan period

  • £100K to £5m

    borrow amount

  • From 0.75%

    monthly interest

  • Up to 80%

    loan to value

  • 1%

    commitment fee

Exit Finance explained

Development exit finance (or sales period funding) is suitable to fund a development that is near practical completion but has not sold yet.

When a development is near practical completion but is awaiting release to market to sell, a developer may be forced to postpone the next land purchase or development until the sales funds have come through. Traditional banks can be reluctant to make a new loan until an existing development loan is fully repaid.

Exit finance gives a developer the funds to repay their bank so that they can maintain commercial continuity, to purchase the new site, arrange bank funding and retain the trades for the next development.

A property developer only has one opportunity to sell the developed units and should not have to sell them under pressure to repay the bank, or to be forced to sell during a quiet holiday period, or to accept discounted offers.

Structured exit finance puts the developer in control by providing extra time to control the timing of the marketing and sales of the scheme. And, with interest accruing daily, the loan can be repaid when it suits the developer.

If you live in the South West or South Coast of England or South Wales, you can arrange exit finance with Bricks Finance.

See our success stories

Seven Luxury Homes, Newton Abbot

Local tradesmen Sam and Simon started their careers in the building industry and, like many others, did the odd bit of private work for friends…

find out more

Forest Eco Homes, Cornwall

When the man behind an idyllic forest holiday development was struggling to borrow to finance his plan, assistance from Bricks Finance proved to be a…

find out more

3 Luxury Houses, Devon

Beverley Stone-Parker who has 30 years’ experience in construction, funded the land purchase and groundworks for a select development of four 5-bedroom homes herself. These…

find out more

Loan calculator

Amount you want to borrow

£50,000

£50,000

£5,000,000

Over how many months

3 months

3 Months

36 Months

Total you will pay

£1,500


Amount of interest over 3 months

This calculator is for illustrative purposes only.

We will always treat your personal details with the utmost care and will never sell them to other companies for marketing purposes. All information provided by you will be treated securely and confidentially. For more information view our privacy policy.

What our customers say

Thank you so much for everything you have done to help us secure this purchase. We are finally looking forward to a good night's sleep now!"

Stuart and Emma, Dream Home Purchase

Devon

Bridging Finance

This would not have been possible without your support and faith in us to deliver the project. Bricks Finance took the time to understand it. It has made an amazing difference to our lives."

Nick, Solar Energy Park

Somerset

Bridging Finance

This is our second deal and again we have achieved the first drawdown within 6 weeks from start to finish which is impressive!"

Richard, Finance Broker

Bristol

Equity Release Mortgage

Being able to purchase the site would not have been possible without the backing of Bricks."

Darren, Land Purchase

Monmouthshire

Bridging Finance

Bricks have given me the support I needed to do this. I couldn’t be happier to see it going up before my very eyes."

Russ, Beach House Development

Cornwall

Property Development Loan

Bricks have been amazing. Without them, I doubt we would have saved the pub for the village."

Becky and John, The Rose and Crown

Dorset

Refinance

When the guys from Bricks say they are going to back you they do, and it has been a real pleasure partnering with them on this project."

Matt, Property Development

Devon

Property Development Loan

I was really pleased with how quickly I had access to finance. I would recommend them to anyone looking to raise finance."

Jon, Property Development

Somerset

Property Development Loan

I’d really recommend Bricks Finance for anyone who needs to raise finance. They just allow you to get on and make things a success."

Dave and David, Property Development

Devon

Property Development Loan

I will be forever indebted to you all (thankfully no longer financially!) for taking a punt on somebody looking for a leg up in a new industry."

Alex, Forest Holiday Village Development

Cornwall

Land Finance

We found like-minded people who were prepared to take the time to understand our business and support our student accommodation in Exeter."

Angus & Alison, Landlords

Devon

Landlord Mortgage

I feel like Bricks is part of our team and wants a successful outcome for us as much as we want it."

Sam, Property Development

Devon

Property Development Loan

Having used Bricks myself, I now feel comfortable referring clients who have similar needs. The beauty of Bricks is their speed, flexibility and being FCA regulated so they can provide regulated and unregulated loans."

Geoff, Finance Broker

Somerset

Property Development Loan

Bricks are so easy to deal with; they get involved and take an interest in the project all the way to completion."

David, Finance Broker

Cornwall

Bridging Finance

Frequently asked questions

Is the whole loan process managed online? If so, how can I apply?

Can I get a loan even if I am retired?

How long does it take to arrange a loan?

Do you offer short term and long term loans?

What’s the maximum amount of money I can borrow?

Contact us

Speak to us directly

We’d love to hear from you. Whatever your enquiry give us a ring or send us an email and we’ll respond as soon as possible.

Bricks Finance Ltd

Winslade Park

Manor Drive

Exeter, EX5 1FY

United Kingdom

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