Property Refurbishment Finance – Funding Your Next Property Renovation
- 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
Whether you are an established developer or first-time investor, refurbishment finance can be an extremely useful tool to help you take advantage of opportunities that come your way. Property refurbishment is the chance to change and revamp a property that you already own or that you are thinking of buying. This can be extending the property, changing the purpose of the building, or uplifting into modern style.
Refurbishment is also a necessary part of the property management, especially for buy-to-let portfolios and developers who own multiple properties. The practice is widespread throughout the UK and is an environmentally friendly and great way of turning something into new. When you decide to refurbish a property, you must manage costs and direct your expenses towards improving the income and capital value of the house.
Funding Your Refurbishment Process
When funding your refurbishment with a loan, you can borrow between £10,000 and £2 million. Our highly skilled team understands each part of the refurbishment process and can work with you throughout the project to achieve your dream result.
Why Work With Us?
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FAQs
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.