There is positive news for those engaged in the construction industry or earning a living through property development and refurbishment, with funding available for profitable projects that meet specific criteria.
Refurbishment and property development loans start from £50,000.
Loans are typically offered at 70% of the project’s estimated Gross Development Value (GDV). However, experienced developers who provide additional security may qualify for funding that covers up to 100% of site purchase, development, and finance costs. Mezzanine loans, secured on a second charge, can also be arranged to provide supplementary funding.
Light & Heavy Refurbishments
The difference between light and heavy refurbishments is:
Depending on the lender and their interest in a specific type of development, there will be tailored products on offer, with varying rates and criteria for light and heavy refurbishment projects. For example, some lenders prioritise community-focused or eco-friendly projects.
With our extensive lender portfolio, we can supply you with competitive rates and deals to match your unique requirements. These lenders range from mainstream banks to specialist lenders.
We don’t just see ourselves as your advisor. Instead we think of ourselves as another team member, committed to your success.
General Enquiries
+44 (0) 333 123 7171
The registered office of BHP LLP (registered under number OC416373 in England and Wales) is 2 Rutland Park, Sheffield, S10 2PD
