Case details
Loan Size: £1.75m
Structure: 65% LTV
Partner: Luke Egan, Truffle Specialist Finance
The Scenario
An experienced developer had successfully completed a scheme of 19 new-build properties. With 12 units sold, 7 high-quality homes remained on the market.
However, the original development lender required repayment, and with tight timescales in place, the developer needed a structured exit solution, one that would clear the outstanding development facility without forcing discounted sales.
The Challenge
Development lender requiring full repayment
Seven completed units still to be sold
Time-sensitive transaction
Developer keen to avoid pressured sales and protect profit margins
Speed, structure, and coordination were critical.
The Solution
Working closely with Luke Egan at Truffle Specialist Finance, we structured a £1.75m developer exit facility at 65% LTV.
This enabled the developer to:
Repay their outstanding development debt in full
Retain control of the remaining seven units
Sell at an optimal pace, protecting values and maximising returns
The deal required close collaboration across all parties to meet the required deadlines and ensure a seamless completion.
The Outcome
A £1.75m developer exit completed successfully within tight timescales, providing the developer with breathing space, flexibility, and control over their remaining stock.
A strong example of how the right funding structure, combined with experienced professionals working in sync can deliver outstanding results for developers.