Development exit finance.
When going from concept to completion needs a little more time, flexible short term funding can give you the breathing space you need.
When going from concept to completion needs a little more time, flexible short term funding can give you the breathing space you need.
When going from concept to completion needs a little more time, flexible short term funding can give you the breathing space you need.
Why choose a Together bridging loan?
-
Flexible
You're more than a credit score. If the sums show that you can afford the property, we do our best to make it happen. -
Trusted
With 50 years of lending experience under our belts, you can trust us to get things right for you. -
Open-minded
Unlike many, we lend on properties like ex-council properties, high-rise flats and those made of non-standard materials. -
Smart
Receive updates on your application, upload files & e-sign most documents to open your Together account - all using our secure app.
-
1.05%
Rates from 1.05% per month -
£5m
Loans from £26k - £5m (more by referral) -
12 months
Available over standard 12 months -
No exit fee
No exit fee options available
*The maximum loan, rate and loan-to-value ratio offered may vary based on your individual circumstances.
Whatever your development goals, we can help get you moving
At Together, we understand that going from ambition to fruition doesn't always go to plan.
If you need extra time to add the finishing touches to your current development, or you just want to make sure it sells for the right price, using our Commercial Bridging loan to exit your development finance loan could help you in more ways than one.
Moving onto a short-term, potentially lower-cost loan will allow you to bridge the gap between the end of your original investment term and releasing the capital in your project. This means you’ll have up to 12 months to exit, giving you time to finish off some minor development work, complete a sale, or even make a start on your next project.
We apply a common-sense approach to lending, and we can often consider personal circumstances which some other lenders can’t – such as less-than-perfect credit, for example. And when you’re up against the clock, we’ll work quickly and flexibly to help you keep your project on track.
Common questions about development exit finance
How long does it take to get a development exit bridging loan?
Getting a development exit bridging loan can take just 3-4 weeks to complete but this can depend on the type of valuation needed, meaning it could take longer.
Your home may be repossessed if you do not keep up repayments on your mortgage.
Together offer a range of regulated products and unregulated products. Together Personal Finance Limited are authorised and regulated by the Financial Conduct Authority (FCA) and offer products including (but not limited to) Personal mortgages, Secured loans, Consumer Buy to Let mortgages and regulated Bridging loans.
Our unregulated products are provided by Together Commercial Finance Limited and include (but are not limited) to unregulated Bridging loans, Buy to Let mortgages, Auction finance and Development finance.
You may be interested in these other bridging loans
Any property used as security, including your home, may be repossessed if you do not keep up your mortgage or any other debt secured on it.
Together offer a range of regulated products and unregulated products. Together Personal Finance Limited are authorised and regulated by the Financial Conduct Authority (FCA) and offer products including (but not limited to) Personal mortgages, Secured loans, Consumer Buy to Let mortgages and regulated Bridging loans.
Our unregulated products are provided by Together Commercial Finance Limited and include (but are not limited) to unregulated Bridging loans, Buy to Let mortgages, Auction finance and Development finance.