Overview
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Heavy Refurb Range
This product is designed to cater for borrowers who wish to add value to their investment by undertaking conversion works.
Borrowers can apply as individuals or through limited companies and the types of heavy refurbishment accepted include basement digs, loft conversions, completing a development project and commercial conversions to residential.
Criteria:
- Up to 65% LTV
- Loans from £50,000
- Terms from 1-24 months
- Residential and semi-commercial property
- No exit fees or ERCs
- 100% of build costs available
- Further draw-downs available
Residential Range
Common uses include the purchase of an investment property where time if of the essence, completing light refurbishments on an investment property and buying at auction.
Criteria:
- Up to 70% LTV
- Loans from £50,000
- Terms from 1-12 months
- 1st and 2nd charge loans
- Residential and semi-commercial assets
- Gifted deposits considered
- No exit fees or ERCs