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Refurbishment Finance

If the property is in need of works, whether it be a modernisation, reconfiguration or an extension, we can help.

Traditional mortgage lenders require properties to be in good condition with all the necessary amenities. If you are looking to purchase a property with no bathroom or kitchen, or in need of significant works before being habitable, then bridging finance is utilised.

This type of bridging loan is often categorised by the extent of works required, into “Light Refurb” and “Heavy Refurb” categories. Generally heavy refurbishment involves a change of use or make-up of the building, perhaps requiring planning consent and/ or building regulations approval.

We can arrange a facility to cover the cost of the works in addition to a percentage of the purchase price if a significant amount of works are required.

If you want a fast, flexible and reliable service, try
Positive Commercial Finance.

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