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HEAVY REFURBISHMENT

Timber frame with electrical wires being installed

Heavy Refurbishment Bridging Finance is a short-term loan tailored for substantial property renovations. It's ideal when standard mortgages don't apply due to the property's condition. This finance option helps investors or developers fund significant works like structural changes, extensions, or complete overhauls. It bridges the gap between purchase and either sale or long-term financing once the refurbishment is complete. Its quick access to funds and flexible terms suit properties needing extensive work to reach market potential or habitability standards.

WHAT IS HEAVY REFURBISHMENT BRIDGING FINANCE?

NO UPFRONT FEES

NO BROKER FEES

Key benefits of Short Term Bridging Finance:

PURPOSE & USE

  • Funds major property renovations

  • Suitable for uninhabitable properties

  • Ideal for structural modifications

  • Enables extensive property overhauls

FEATURES & BENEFITS

  • Short-term, fast-access financing

  • Flexible lending criteria

  • Higher borrowing potential

  • No long-term financial commitment

CONSIDERATIONS & RISKS

  • Higher interest rates than mortgages

  • Requires clear exit strategy

  • Security against property needed

  • Risk of property devaluation

Experienced. Trustworthy. Tailored.

Clever Commercial is an award-winning brokerage with over 30 years expertise in providing bespoke property financing solutions. Competitive rates, flexible criteria, and unrivalled service. Build your future - partner with us.

WHY CHOOSE CLEVER COMMERCIAL?

FREQUENTLY ASKED QUESTIONS

What is Heavy Refurbishment Bridging Finance?

It's a short-term loan specifically for significant property renovations, ideal for projects too extensive for standard mortgages, such as structural changes or complete property overhauls.

Who can benefit from this type of finance?

Property developers, investors, and sometimes homeowners are undertaking substantial refurbishment projects requiring quick, flexible funding solutions.

What are the risks associated with this finance?

The risks include higher interest rates than traditional mortgages, the need for a clear exit strategy (sale or refinance), and the potential for property devaluation if the project doesn't go as planned.

How does repayment work with this type of finance?

Repayment typically occurs at the end of the loan term, either through the sale of the refurbished property or through refinancing with a more traditional, long-term mortgage solution.

CONTACT DETAILS

Email:

enquiries@clevercommercial.co.uk

Telephone Number:

01981 250511

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