Light Refurbishment Bridging Loan

Rates from 0 54 per month for heavy refurbishment.

Light refurbishment bridging loan.

Whether you are carrying out internal or structural work the ability to make refurbishments can significantly increase the value of your property or business premises and maximise the potential rent that you can charge to tenants. In some instances a home missing only a functional bath or wc would not be mortgageable with conventional buy to let mortgage lending a light refurbishment product offers a viable solution to avoid mortgage retentions or needing bridging finance. Light refurbishment residential bridging loans are a type of specialist loan used to plug a funding gap in the short term. Up to 75 ltv.

Refurbishment bridging loans also referred to as refurbishment finance are specialist loans issued to cover the costs of property refurbishments. A refurbishment loan offers short term finance to carry out any light and heavy refurbishments on your property. Property refurbishment projects tend to be smaller than full blown developments. Refurbishment loans light refurbishment.

This might include simply. A light refurbishment loan is for cosmetic changes to your property. Typically light refurbishment would limited to non structural work and other work that would not. As a set percentage of the current ltv.

A refurbishment loan is a type of bridging loan a short term solution for borrowing potentially large sums of money. Rates from 0 44 per month for light medium refurbishment. Although we don t operate a strict maximum loan. Given the short term nature of the loan it s understood that you will repay it with the proceeds of the sale of the property.

We can fund property refurbishment in two ways.