The Refinance Feasibility Score is a quantitative assessment used in property development finance UK to evaluate the likelihood that a project can secure additional or replacement funding at a future stage. It incorporates key factors such as current and projected interest rates, loan to value (LTV) ratios, lender criteria, market conditions, and project risk. This score helps UK property developers and finance professionals identify refinancing challenges, plan capital stacks, and assess the resilience of a development project under varying financial scenarios, supporting informed decisions and risk mitigation in property development finance.
This sits beneath Finance Risk (Refinance, Interest Rates), introducing a more specific variant of the measure without changing its core interpretation. It is commonly considered alongside Time-to-Refi at Stressed DSCR, as both are closely related measures used to assess similar aspects of performance or risk. In funding terms, Refinance Feasibility Score is most commonly encountered in connection with Interest Paid at Maturity within the property development capital stack.
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