If your latest investment needs some fixing up before you can sell it or move tenants in, our refurbishment bridging loans can provide you with the quick funds you need without impacting an existing mortgage. Our common sense lending means we are flexible on income and credit status, looking at your circumstances and affordability instead of just your credit score.
Our refurbishment bridging loans are repayable over 12 months with no early repayment charges (ERC) included. All refurbishment bridging loans are interest only, allowing you to keep your monthly costs down and repaying in full once further finance has been finalised.
Your bridging loan can be secured against a range of residential and commercial properties. We also consider a range of different exit strategies, including the sale of the property, sale of other investments and refinancing to a longer-term mortgage such as Buy to Let.