Assetz Capital cuts refurbishment and development exit loan rates

By Bridging Loan Directory 27th August 2025

Assetz Capital, one of the UK’s leading SME property development finance providers, has unveiled a major repricing of its refurbishment, regeneration, and development exit loans, with all borrower rates now starting with a nine.

This move comes as the UK housing sector faces record-low planning approvals, lengthy Section 106 negotiations and the adoption of the High-Risk Building protocols.

In this environment, refurbishment and regeneration of existing stock are increasingly recognised as faster, more predictable ways to deliver much-needed homes.

The refreshed product range includes:

Development Exit Loans from 9.25% p.a. – enabling developers to refinance away from their current funder, release capital tied up in completed or near-complete schemes, and free up funds while final units are marketed for sale.
Residential Refurbishment Loans from 9.5% p.a. – supporting conversions, extensions, and modernisations that bring existing buildings back into use.
Planning Assistance Loans from 9.25% p.a. – allowing work on commercial-to-residential conversions to progress ahead of full planning consent.

Andrew Fraser, Chief Commercial Officer at Assetz Capital, said:

“There has been a positive uptick in planning applications submitted in Q2 2025, but we are acutely aware developers are facing unprecedented delays, with these planning approvals in England at a 20-year low.

While the system recovers, refurbishment and regeneration present a vital route to keep housing supply moving.

These projects are typically faster to deliver, easier to fund, and rely on existing infrastructure – making them an ideal focus for developers and brokers in the current climate.

We have priced these products to be highly competitive, but this is about more than just rates. It’s about speed, certainty, and the ability to fund through complexity.

We’re calling on brokers to bring refurbishment and regeneration cases forward this Autumn. Now is the time to unlock these opportunities.”