In UK property development finance, the last drawdown percentage represents the final portion of the total loan released to the borrower, usually as the project nears completion. This tranche funds essential finishing works, snagging, and final professional fees. Calculated by dividing the last drawdown amount by the total loan and multiplying by 100, it’s a key metric for managing the final stage of funding. Ensuring sufficient funds are available at this point helps developers complete the project while reducing lender risk prior to loan repayment or refinancing.
This sits beneath Drawdown Structure & Phasing, introducing a more specific variant of the measure without changing its core interpretation. It is commonly considered alongside First Drawdown Percentage of Total Loan, as both are closely related measures used to assess similar aspects of performance or risk. In funding terms, Last Drawdown Percentage of Total Loan is most commonly encountered in connection with Speculative Build Loan within the property development capital stack.
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