R E F U R B I S H M E N T
F I N A N C E
P R O D U C T G U I D E
LOWER FINANCING COSTS
Can offer lower rates than traditional sources of capital
BEST IN CLASS SERVICE
We value long-term relationships
FAST DECISION MAKING
Receive terms within at least 48 hours
TAILORED SOLUTIONS
Flexible terms and can fund complex projects
Rates
Loan Size
LTV
LTGDV
Works Costs
C R I T E R I A
Term Length
REFURBISHMENT FINANCE
From 0.83% PCM (inc. BoE base rate)
£1m–£20m
Up to 75%
Up to 70%
£1.5m or 100% of purchase price (whichever is lowest)
Max. 24 months (inc sale/ refinance period)
Locations England & Wales
Fees
2% arrangement fee
Loan Type: Conversion from hotel to short-term let studio apartments
Loan Amount: £8.2m
LTV at Exit: 60%
EALING PARK TAVERN
Loan Type: Conversion to 23x studio apartments
Loan Amount: £8.2m
LTV at Exit: 60%
ACADEMY GARDENS
Loan Type: Reconfiguration and extension of a pub for residential use
Loan Amount: £4 8m
LTV at Exit: 69%
Loan Type: Heavy refurbishment of a historic mews house
Loan Amount: £6 6m
LTV at Exit: 67%
Loan Type: Heavy refurbishment of Grade II listed apartment
Loan Amount: £8.3m
LTV at Exit: 69%
Loan Type: Restoring Grade II listed townhouse from HMO to a single dwelling
Loan Amount: £5.6m
LTV at Exit: 67%
* Borrowers should typically be able to evidence at least three successfully completed and comparable schemes Less experienced borrowers may be considered on a case-by-case basis