T: 01565 654005 NEWSLETTER ENQUIRY FORM

BLOG

Refurbishment Lending for Costs

Criteria

  • Initial Loan 70% of the value
  • Refurbishment costs 100%
  • Gross facility up to 70% of end sales value
  • Loan size £250,000- £1.5m
  • Term – up to 18 months
  • Minimum value £300,000
  • Works must be lower of 50% of current value or £500,000
  • Experience essential

Suitable for

  • Extensions
  • Conversions
  • Planning
  • Permitted development
  • Heavy refurbishment
  • Structural works
Tags: , ,

Your property may be repossessed if you do not keep up repayments on a mortgage or any debt secured on it.

Searchlight Menu