Refurbishment Loans
Our residential property refurbishment loans provide maximum funding on day 1 and cover 100% of the works.
Refurbishment Loans
Our residential property refurbishment loans provide maximum funding on day 1 and cover 100% of the works.
DO YOU HAVE AN ENQUIRY?
Talk to our experts about your enquiry – call us on 020 3920 6150
Refurbishment Bridging against GDV
Our property refurbishment finance product is designed to allow a larger facility borrowing against GDV, with further funds drawn down as the project progresses and the asset value increases.
- Facilities up to £2,000,000
- Facilities up to 75% LTGDV
- Rates from 0.85%
TYPICAL DEALS
Quick Completion. Purchase residential property requiring a quick completion, from as little as 72 hours.
Purchase at Auction. Property to be purchased at auction and sold or refinanced with a BTL mortgage.
Below Market Purchase. Property to be acquired at Below Market Value as a result of an option, distressed sale or inheritance.
Extension/Loft Conversion/Conversion to HMO. Properties requiring heavier works over a longer period (up to 18 months).
Development Exit. Refinance a development facility to release equity or allow more time for property sales to complete.
Leasehold Extension. Purchase or refinance of a residential property requiring a lease extension. 100% of extension costs funded.