Stamford Finance cuts development exit rates by up to 1%

Stamford Finance has reduced rates across its development exit product by up to 1%, with pricing now starting from 12% per annum.

The move strengthens its proposition for developers seeking flexible, competitively priced capital as projects near completion.

Stamford offers development exit loans from £500,000 to £5m, supporting up to 70% net LTGDV (approximately 80% gross LTGDV).

Funding is available across residential, commercial and semi-commercial schemes throughout England, Scotland and Wales, providing a refinancing route for completed or near-completed developments to optimise sales windows.

Over the past 12 months, Stamford has seen increasing demand for development exit facilities as market conditions have evolved.

Developers are requiring more time to sell units, particularly where higher build costs, extended timelines and shifting buyer sentiment have impacted sales.

In this environment, development exit finance has become an important tool for maintaining momentum, allowing borrowers to release equity from completed schemes without being forced into accelerated sales below market value.

Pete Beaumont, Director, said:

“By reducing rates across our product range, we’re continuing to demonstrate our commitment to remaining responsive to market dynamics and supporting both borrowers and brokers with pragmatic, personable solutions.

While others see uncertain times as a time to pull back, we’re challenging market trends to provide more competitive solutions. Flexibility and certainty matter now more than ever.”

Calypso Cox, Sales & Marketing Executive, added:

“It’s an exciting time at Stamford. We’re working closely with our brokers and actively engaging with their feedback to position ourselves more competitively, with more rate reductions to come.”

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