Secure UK Property Refurbishment Finance Easily
- Rates from 0.55%
- Up to 75% Loan to Value (LTV Net)
- 100% cost of works funded, in arrears
- No Exit Fees or ERC’s
- Flexible on client experience
- Quantity Surveyor not required
Standard mortgages rarely cover the full cost of a complete overhaul. When a property is unmortgageable, and you lack the cash for both the purchase and building works, your project can stall before it starts. Property refurbishment finance bridges this gap. It provides short-term funding to buy a property and complete updates that add real value. PropertyFinanceCompare connects you with specialist UK refurbishment brokers who understand exactly how these renovation schemes work.
PropertyFinanceCompare is an independent, FCA-regulated credit broker. We work with our panel of active refurbishment finance providers to find the perfect fit for your project. We structure the deal to cover either light cosmetic updates or major structural alterations. Whether you need a light refurbishment bridging loan or heavy refurbishment finance for a full conversion, we handle the entire process from start to finish.
Why Work With Us?
PropertyFinanaceCompare.com is a team of professional brokers, not lenders. We become a bridge between borrowers and lenders to enter into different types of loan agreements, including both secured and unsecured loan agreements.
Reliable property development loan comparisons that you can trust. It is always nice to know that our clients are on the right track. What makes us different
What makes us stand out from our competitors?
What is property finance compared for?
What are the benefits of working with us?
What's difference b/w a lender and a broker?
FAQs
Can I get finance for property refurbishment in the UK?
Yes. Refurbishment bridging finance in the UK is widely available, but it is provided by specialist alternative lenders rather than high-street banks. Lenders typically split these loans into two categories: light refurbishment bridging loans for non-structural work (like new kitchens, bathrooms, or central heating) and heavy refurbishment finance for major structural changes, extensions, or HMO conversions. The funds for the building works are usually released in stages as the project progresses.
We have direct relationships with active refurbishment lenders across the UK. We match your scheme to those already backing similar developments and get indicative terms back quickly, without you having to knock on multiple doors yourself.
• Direct access to active UK refurbishment lenders.
• Terms matched to your scheme type and expected gross development value.
• Quicker decisions through our existing relationships with alternative lenders.
How do I choose the best contractor for luxury property refurbishment?
Choosing the right contractor is essential because lenders will inspect your detailed schedule of works before releasing any funding. For a high-end or luxury property renovation finance project, you should look for a certified main contractor who has a proven track record of delivering premium finishes on time. Lenders will want to see that your contractor has appropriate insurance and that you have built a realistic contingency fund into your budget to cover unexpected building costs.
We go through your renovation numbers with you before anything is submitted. We identify any gaps in your construction team’s presentation and ensure your submission is in the best possible shape before it reaches a lender’s desk.
• Lenders prefer experienced contractors with a clean delivery track record.
• A detailed schedule of works and a contingency plan are required.
• We review your contractor documentation before approaching any lender on your behalf.
Can a broker help me arrange property refurbishment finance?
Absolutely. Going to lenders one by one on your own takes time and rarely produces the best interest rates. A specialist refurbishment finance broker packages your property appraisal properly, assesses whether you need light or heavy refurbishment finance, and takes it straight to the lenders most likely to approve it. That means fewer delays, less paperwork, and better results for your project.
At PropertyFinanceCompare, we manage everything from your first enquiry through to the money being drawn down. We also ensure the refurbishment bridging finance is correctly aligned with the property purchase price, so your staged drawdowns line up perfectly from day one.
• We package your appraisal and present it to the right specialist lenders.
• We coordinate the paperwork between your solicitors and the short-term lender.
• We stay with you from the first call through to the final facility drawdown.
How quickly can I get approved for property refurbishment finance?
Because these loans are structured as short-term bridging finance, approvals can move very quickly. You can often get a decision in principle on the same day you apply. Full completion typically takes between two and four weeks, depending on how quickly the property valuation can be carried out and how soon your solicitor can satisfy the lender’s legal requirements. Having a clear exit strategy, such as selling the property or refinancing into a standard buy-to-let mortgage, significantly speeds up the process.
We compare providers across our panel and only put forward those whose lending speed and criteria genuinely fit your project timeline. That saves you time and protects you from approaches that are unlikely to go anywhere.
• Same-day Decision in Principle (DIP) is available for urgent purchases.
• Fast completion times to help you secure unmortgageable properties at auction.
• Straightforward, independent recommendations with no lender bias.
What permits or approvals are required for luxury property refurbishment?
The permits required depend entirely on the scale of your luxury property refurbishment loans. Light cosmetic refurbishments rarely require formal approval. However, if your luxury project involves structural alterations, large extensions, or a change of use, you will need local authority planning permission or compliance with building regulations. If the building is historically significant, you may also require a grade-listed building consent before any finance can be finalised.
We help developers put their best foot forward. We know the exact regulatory questions that credit teams will ask about permitted development rights and planning status, and we ensure your submission answers them clearly before it is ever sent.
• No planning is needed for light cosmetic work; full approvals are required for heavy structural changes.
• Lenders look closely at your compliance with building regulations and legal permits.
• We prepare your submission to address planning and approval concerns head-on.
Why use a property finance broker?
Our team has expert knowledge and access to the short-term lending market meaning we can meet a variety of needs of property developers and landlords.
• In many cases, high street lenders will turn an application down. Our brokers know which lenders to approach to get you the terms you need.
• If you’re a first-time property investor, you may find it difficult to get the loan you need on attractive terms.
• From start to finish, your dedicated broker will guide you through the process
Who can get refurbishment finance?
You can get refurbishment finance as an individual, a sole trader, or through a limited company.
How quickly can I get finance?
Depending whether it is a heavy reform or a minor upgrades the process can take anywhere from a few weeks to a few months.
How do I apply for a property refurbishment loan?
Step 1: Contact our property finance experts for a discussion of your requirements.
Step 2: We will give you an offer within 24 hours.
Step 3: At this point, your chosen surveyor can value the property to meet everyone’s expectations.
