Bridging Loan for Renovation
Our Property Renovation Loan Service Provides:
Special features of what we offer include:
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Renovation & Bridging Loans from £50,000 to £15 million
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Rates from 0.44% pm
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Term - From 1 to 36 months
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New build, light and heavy renovation, conversion schemes
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Finance for joint ventures (JVs)
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100% development cost finance available
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Interest roll up schemes
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Whole of market service - we work directly with UK bridging lenders
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Lowest Rates - Access to leading bridging loan deals
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Fast turnaround - speak to us today if you need to move quickly. 5 to 7 days possible.
To investigate your property renovation loan options call our team on 0117 313 6058 or fill in our call back form.
Bridging loans are often used for renovation projects as they offer a quick, flexible way to borrow money against property when other types of funding is not an option.
A bridging loan can give you the money both to buy an investment or buy to let property and carry out all the necessary work to bring it up to a liveable standard.
Bridging loans are usually offered over up to 12 months, although longer loan terms may be achievable depending on the lender and borrower. Funds can often be accessed within as little as a few days of an application.
Reasons to use bridging loans for renovation projects
There are various reasons to use a bridging loan for a property renovation.
Common reasons include:
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The property is unmortgageable (often due to the lack of a working bathroom or kitchen)
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To use as auction finance (because a mortgage cannot be secured fast enough to meet the 28 day limit for completing a purchase after the auction date)
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To secure a refurbishment opportunity while your funds are tied up elsewhere
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To get a project moving forwards when other sources of funding have stalled
Next steps for getting renovation finance
Our free bridging loan calculator makes it fast and easy to find the lowest fees and interest rates on bridging loans for renovation projects. All you need to do is share some basic information about your borrowing needs and finances and we will do the rest.
Looking for bridging loans for refurbishment projects? Get in touch with our friendly expert team of loan brokers using the contact form on the right or by calling 0117 313 6058.