Certainty with 85% Day One
locationEast London
funded£636,000
ltv85%
Our client was looking to purchase a Victorian three-bedroom terrace that required full modernisation before it could reach its potential.
The property needed extensive refurbishment works, including a new kitchen, new bathroom, replacement boiler and full redecoration throughout. To move forward with confidence, the client needed a funding solution that could provide high leverage from day one, covering both the purchase and the planned refurbishment costs.
We moved quickly to structure the facility and fast-tracked the case using a desktop valuation, helping to keep the process efficient and avoid unnecessary delays.
Our team carefully reviewed the schedule of works, confirmed the funding required and supported the client’s refinance exit strategy, ensuring the deal was aligned with their plans from the outset.
With the funding in place, the client was able to complete the purchase and begin the refurbishment without delay.
The Result: Fast, Flexible Funding for Purchase and Refurbishment
By securing the right bridging loan, we gave the client the flexibility and confidence to proceed with the purchase of the property and start works immediately.
Our tailored approach ensured the client had the leverage they needed, along with a clear path to refinance once the refurbishment was complete.
How our Bridging Loans Can Help with Property Refurbishment Projects
For properties in need of renovation, bridging finance can be an effective way to move quickly and unlock value.
Here is how bridging loans can help:
- Fast access to funds for property purchases
- High leverage to support both purchase and refurbishment
- Desktop valuations to reduce delays
- Flexible lending for refurbishment projects
- Support for refinance exit strategies
In this case, our fast and flexible funding helped the client secure the property, begin refurbishment works straight away and move one step closer to their refinance exit.
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