Our short term lending products are designed for borrowers who wish to purchase residential or commercial real estate requiring heavy refurbishment works, before they either sell, or retain.
The following are typical situations applicable to heavy refurbishment loans.
The following are likely scenarios for heavy refurbishment short term loans In order to have terms issued within minutes simply answer the following questions;
Once we have this information we can instantly quote indicative terms from our panel of refurbishment finance lenders.
|Loan Size||Charge||Max LTV||Pricing – per month||Max Term||Exit||Lender fee|
|£500,000- £25m||1st||75%||0.89 %||18 mths||Nil||1.95 %|
|1st||70%||0.73 %||18 mths||Nil||1.95 %|
|1st||65%||0.69 %||18 mths||Nil||1.95 %|
|1st||75%||0.95 %||18 mths||Nil||2.00 %|
|Need 90% Loan to cost and up to 75% of GDV- see here|