Our refurbishment loans offer the perfect short-term solutions for smaller, lighter projects by experienced property investors, landlords and developers.
Key features
Light refurbishment work only, no structural works allowed
Available for HMO or MUBs
No valuation fee payable until loan is approved
Interest roll-up options available
Ability to convert into a long-term loan
For smaller deals, Building Surveyor or monitoring not usually required
Lending criteria
Up to 65% initial advance of vacant possession value
Loans up to £2.5m
Minimum loan £250k in England and Wales
Minimum loan £500k in Scotland
Up to 65% further advance of refurbishment costs, with total borrowing not exceeding 70% of gross development value
Terms between 9-18 months depending on whether a quantity surveyor is used
Personal guarantees requested from business owners/directors but are not always mandatory
Corporate borrowers must be registered in the UK or Crown dependencies
For borrowing in personal name(s), individual must be a UK resident
Only available to experienced property investors
Secured by way of a first legal charge on a property located in England, Scotland or Wales
Get in touch with our experienced property finance team
As a specialist property funder, we pride ourselves on using our expert knowledge and depth of understanding to provide common sense loan structures.
We shape each loan to suit your individual requirements because we know that every business has different needs.
Our funding solutions
Haven’t quite found what you’re looking for?
Get in touch with our experienced team or take a look at our Useful documents and FAQs page.
For general enquiries please contact:
Existing customers please contact: