Inspired Lending provides £822,000 developer exit facility for South East London scheme

30 September 2026

Inspired Lending has completed an £822,000 developer exit loan for an SPV borrower in Sydenham, South East London, refinancing existing borrowing and releasing funds for other property projects already under way.

The 12-month loan was agreed at 70% LTV, priced at 0.89% per month and secured as a first charge.

The security comprised the final two flats within a newly built eight-unit scheme, following the successful sale of the other six properties.

With both remaining units on the market, the borrower had a clear route to repayment. The structure meant equity held within the completed scheme could be released and redeployed elsewhere in the developer’s portfolio.

Rather than having to wait for the final two sales before moving ahead with other projects, the developer was able to refinance its existing borrowing and access the funds at an earlier stage.

Gavin Diamond, CEO of Inspired Lending, said:

“Developers can reach the end of a successful scheme with most of the units sold and still have a sizeable amount of capital sitting in the final properties. At that point, the question is not necessarily whether those remaining units will sell, but whether it makes commercial sense to leave that money tied up while they do.

“The final few sales can take time and developers have to think about what comes next in the meantime. If there are other projects already under way, being able to release equity from a completed scheme can give them far more control over how they deploy their capital rather than making the next stage dependent on the timing of individual property sales.

“That ‘s where developer exit finance can be particularly useful. The development has done what it was supposed to do, the bulk of the sales have completed and there is a clear route to repayment. Finance can then act as the bridge between finishing one project and putting that capital back to work in the next.”

For more information, visit: https://inspiredlending.co.uk