Light Refurbishment Bridging Loan

Rates from 0 44 per month for light medium refurbishment.

Light refurbishment bridging loan.

All bridging finance offers access to rapid funding without complex or time consuming paperwork. Refurbishment loans light refurbishment. A refurbishment loan offers short term finance to carry out any light and heavy refurbishments on your property. Typically light refurbishment would limited to non structural work and other work that would not.

We can fund property refurbishment in two ways. Rates from 0 54 per month for heavy refurbishment. 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. This might include simply.

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. As a set percentage of the current ltv. Property refurbishment projects tend to be smaller than full blown developments. 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.

Refurbishment loans mint bridging cbdadmin 2020 02 05t09 10 11 00 00. Up to 75 ltv. Light refurbishment residential bridging loans are a type of specialist loan used to plug a funding gap in the short term. A light refurbishment loan is for cosmetic changes to your property.

There are two primary types of refurbishment bridging loans available known as light refurbishment bridging loans and heavy refurbishment bridging loans.