Commercial Refurbishment Loans

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Residential Refurbishment Loans

Our refurbishment loans offer short-term solutions for experienced property investors, landlords and developers looking to upgrade or convert an existing property into a residential, commercial or mixed-use property for the purpose of either rental or sale.

Lending criteria

Up to 65% LTV based on vacant possession

Loans up to £2m

Borrowers must be a UK entity or in personal name(s)

Maximum 65% LTV of the refurbishment costs, which can't exceed 70% of the gross development value

Maximum term 9 months

Secured by way of a first legal charge on a property located in England, Scotland or Wales

Experienced property investors

Personal guarantees requested from business owners/directors but are not always mandatory

PLEASE NOTE: This product is not available for a project that includes any element of new build works to the property i.e. extensions or additional floors

Key features

Interest roll-up options available

Options available following completion to term out borrowing

Dual representation available to reduce draw down times

For smaller deals, Building Surveyor or monitoring not usually required

Key Features

Interest roll-up options available

Options available following completion to term out borrowing

Dual representation available to reduce draw down times

For smaller deals, Building Surveyor or monitoring not usually required

Why choose us?

At Cambridge & Counties Bank we know that investment opportunities don’t always fit with a long term committed loan structure. A short term solution can allow you to secure a property before using your expertise to enhance its value. Our experienced front line and manual underwriting teams have a wide knowledge of the sector so they understand the potential that refurbished properties can offer. We are able to provide a fast and reliable solution which is crucial to ensure that transactions such as these work fast and work well.

What are you looking for?

Refurbishment Loans

The perfect solution for smaller refurbishment projects.

Looking for more information? Get in touch with our Property Finance team today.