Our refurbishment bridging loans can provide you with funding in a pinch. If your property is damaged, or needs an upgrade before it can be marketed, our funding can be issued quickly to help you stay profitable.
You could also benefit from our flexibility where unexpected issues emerge. Perhaps you started a conversion project, only to discover major plumbing problems that need sorting first. Or maybe the contractors you were planning to use are no longer in business, leaving you with a looming deadline and limited options.
Refurbishment work may become a necessity for many over the coming years. Especially for landlords. EPC legislation is on the way to keep our property stock green, while buy-to-let investors are facing stricter rules on keeping their properties up to scratch. If you fall behind, fines and even some jail time could be on the horizon.
There may be little leeway in rectifying these issues where they emerge. You may be expected to jump on problems – especially those that are environmental – and fix them asap. Our funding could allow you to do this, and even get you ahead of the game.
We understand how likely these problems are in the property world. We’ll take them into account when assessing your claim.