Finance commonly used to upgrade / improve residential and commercial properties

Property Refurbishment Loans

  • Extensions/Room conversions
  • Changes of property use – a single dwelling to a House of Multiple Occupation (HMO)
  • Small Permitted Development Right (PDR) schemes
  • Loans from £100,000
  • Rates from 0.65% per month
  • Up to 75% LTV (Loan to Value) + 100% of refurbishment work

Property Refurbishment Loans are essentially a type of bridge loan that can be used in a wide variety of scenarios.

Landlords and property investors can use property refurbishment finance to enhance an existing residential or commercial property.

Typically there are two types of refurbishment loans:

  • Light Refurbishment Finance
    Put quite simply, these are simple renovations e.g. kitchen replacement)
  • Heavy Refurbishment Finance
    Major Renovations e.g structural changes generally requiring planning permission to carry out.

Other types of short-term loans