Refurbishment finance can unleash the potential of your property – this type of finance is perfect for properties which require works before they can be let or sold for a profit when a traditional mortgage will not support.
Refurbishment Loans
Refurbishment Loans
Refurbishment finance is designed to help you with the costs incurred with the purchase and refurbishment of a property project and can cover an internal refit to full conversion.
We can help you with:
- Light refurbishment – when you are replacing existing kitchens and bathrooms and updating the property in general
- Medium refurbishment – when you are changing the existing structure and require building regulation sign off
- Heavy refurbishment – when you require full planning permission to extend, amend or convert the property
Key Product Points:
- Fund up to 75% of the Purchase Price (more with additional security)
- Up to 100% of Refurbishment cost
- Up to 75% Loan to GDV
- Interest can be fully rolled up, retained, or serviced
- Stage release funding (you only pay interest on funds drawn down!)
- Options for Asset Manager or full Quantity Surveyor reviews to support build cost draw downs
- No exit fee options available
- Up to 24 Month Term
Contact us today on 01202 880718 to see how we can help you.
