Refurbishment Bridging Loans

A refurbishment bridging loan lets you fund the purchase and renovation of a property in a single facility. Whether you're doing a cosmetic refresh or a full structural renovation, we can provide the acquisition finance and release further funds in stages as the works progress. Once complete, you sell the property for a profit or refinance onto a long-term mortgage at the improved value.

How It Works

We lend against the property's current value for the purchase, then hold back an agreed amount for the refurbishment works. As you complete each stage of the renovation, our surveyor inspects the progress and we release the next tranche of funds. For light refurbishments — new kitchen, bathroom, decorating — funds may be released in one or two stages. For heavier works involving structural changes, extensions, or conversions, we typically release funds in three or more stages aligned to your build programme.

Key Features

• Completion in as little as 7 days
• Decisions within 24 hours
• Up to 70% LTV on residential property
• Rates from 0.89% per month
• Staged drawdown for refurbishment costs
• Light and heavy refurbishment considered
• No exit fees on residential loans
• Self-employed and retired borrowers welcome
• Poor credit history considered
• Maximum borrower age of 85

Who Is This For?

Refurbishment bridging loans are designed for property flippers buying rundown properties to renovate and sell, landlords upgrading their rental stock to achieve higher rents, and developers carrying out light-to-heavy refurbishment projects including conversions and change-of-use schemes. If you're adding value to a property through physical works, this is the right product.

Rates & Costs