Residential refurbishment finance

Many companies and individuals wish to purchase run-down, dated and often dilapidated property with a view to improving the value and generating profit from a refurbishment programme.
We will arrange the funding against the potential in this kind of situation.
100% funding considered, refurbishment funds released in arrears, against certification.

Example of residential refurbishment finance:-
A client has an opportunity to purchase a terraced property requiring cosmetic improvement:

	Purchase price	£50,000
	Refurbishment costs	£10,000
	Projected end valuation	£85,000
	Estimated profit	£25,000

The client has a contribution of £10,000,which will cover the refurbishment costs, but requires 100% of the purchase price in order to realise the profit from the deal. The client also needs to purchase the property within 14 days. Their bank is unable to assist at this level and is unable to meet the timescale.

Solution - We arrange to provide the client with a short-term loan for 100% of the purchase price while the improvements are undertaken. The loan is then refinanced with the bank on completion of the refurbishment work.

		Property development finance
		Residential bridging finance
		Commercial bridging finance
		Property conversion finance
		Land acquisition finance
		Residential refurbishment
		Planning gain finance
		Student accomodation finance
		Purchase at undervalue

One of the UK's market leaders in arranging property development finance

Call us on 0845 130 0009 for more information or click onto 'Call me back' above

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