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Finance for Heavy Refurbishment

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.

  • Extensions and loft conversions
  • Removing internal walls
  • Works requiring planning consent (planning must have 12 months to run from origination)
  • Change of use where property has full detailed planning consent in place
  • Clients taking advantage of permitted development rights
  • If you require funding for 100% of the build cost then see our Stretched Senior Debt offering

The following are likely scenarios for heavy refurbishment short term loans In order to have terms issued within minutes simply answer the following questions;

  • Amount required
  • The term of loan
  • Security type
  • Level of proposed work
  • Details of past projects ( evidence will be required of track record completing 2 similar projects )
  • Exit strategy

Once we have this information we can instantly quote indicative terms from our panel of refurbishment finance lenders.

Product Guide

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

For more info please contact us

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