Refurbishment Finance Funding
Funding from £75,000 up to £25 million
Helping you secure a short-term financial solution to your specific refurbishment finance funding requirements
Refurbishment Finance Funding – Clients
A personal approach to fast refurbishment finance funding. Our partnership with Bridging Finance Capital in the UK provides the ability to work with and service a wide and diverse range of individual and business clients, assisting them to secure the necessary refurbishment finance funding for their next property project, business venture or to plug a short-term financial gap quickly and efficiently.
Types of UK refurbishment finance funding clients:
Homeowners
Commercial & Residential Landlords
Buy to Let Investors
Business Owners
Property Developers
Company CEO’s
Refurbishment Finance Funding Explained
Property refurbishment finance funding is a type of short-term loan, typically taken out for a period of 2 weeks to 3 years pending the arrangement of larger or longer-term financing.
Refurbishment finance funding – How do I apply?
Through our partners Bridging Finance Capital we can ensure that the time will be taken to fully understand your plans and finance requirements, before finding the best possible refurbishment finance funding deal on the facility that is best suited to your requirements.
Understanding property refurbishment finance is very important for potential applicants. Property refurbishment loans are a form of short-term secured finance.
This type of finance is primarily designed for property investors, landlords and property developers who are looking to refurbish, or convert a property before letting or selling it.
If you purchase a property, extend it and refurbish the interior or exterior, the value could increase significantly. Funding can be accessed for a wide variety of works, including title splits, conversions and multiple properties on one title.
Whether you’re looking to generate more rental income or add value to your portfolio, We can deliver access to the most suitable short-term property refurbishment funding completed in double quick time.
Short-term refurbishment finance products are designed to meet the many diverse needs of property investors and landlords. Borrowers can apply as individuals, sole traders or through limited companies.
Process of acquiring new property refurbishment funding
Initial discussions will include the completion of a fact find which gathers information on the borrower including assets, liabilities, income and expenditure.
You will also need to provide details on the proposed security, the works involved, does it need planning? What issues might arise? Your contingency funding and other matters affecting the completion of the development.
A calculation will then be made on the specific loan amount you will require, both from the outset and the loan required for the works. It is necessary to also look at the length of time you require the loan to ensure the term allows for the works to be completed and for you to sale or refinance to repay the refurbishment finance.