Need to find a quick Exit?

07 February 2018

Have you come to the end of your development facility? Is your development facility close to expiry or do you want to hold on to the properties until you receive an acceptable offer?

Using a short term loan to bridge the gap between development sales has historically been an expensive way to finance projects but we’ve recently seen some great new products become available which enable you to sell when the price is right for you. Currently we have several lenders offering Peritus preferential terms. Some of the products have no exit penalties, flexible terms and all have low rates. We can also offer you products with higher than usual Loan to values, helping you move swiftly on to your next development.

Peritus has a variety of options for developers seeking to exit their current development loan facilities. Our team work to structure a loan that will provide more time to achieve sales or hold the properties in the longer term. We do the hard work for you. Our team of friendly advisers will find you the most suitable financial option to suit your current circumstances and needs. The Peritus Group has an extensive network of connections across the market enabling us to find the best products for you.