Reviewing finance for unsold completed property
Illustrative example — not a real client result
Considering a completed project's debt and proposed sales timeline.
The challenge
A developer has completed properties that have not yet sold and needs to review an approaching facility expiry.
The approach
- Review completed titles, valuations, remaining debt and existing loan conditions.
- Consider holding costs, sales evidence and realistic sale or refinance assumptions.
- Compare any available options, including fees, security requirements and the proposed exit.
Example outcome
The example highlights the information needed to assess a temporary holding or refinancing proposal.
Completed stock does not guarantee refinance availability. Sales and repayment assumptions need careful scrutiny.