Light refurb on a seven bed HMO in South Wales Our broker’s client, an experienced landlord, was purchasing a seven-bedroom HMO with a plan to refurbish the property and create ensuites for the bedrooms. The works were covered by the…
Commercial to residential conversion of a five storey property in Essex Our broker’s client was a first-time developer looking to purchase a five-storey commercial property. Full planning permission was already in place to convert the upper floors into two apartments.…
100% of works funded on light refurbishment project in West Sussex The borrowers were experienced developers and required funding for the refurbishment of a block of five flats. The project involved light refurbishment to modernise and bring the units back…
Light refurbishment on two new build properties Situation: A client with an established BTL portfolio was looking for a loan to purchase a 5-story office building with consent to convert the top 4 floors into 16 apartments. The ground floor would remain a…
Heavy refurb loan to convert offices to residential in Dorset Quick Loan Overview Office to residential conversion on 2 properties First property £1,800,000 GDV Second property £2,220,000 GDV 12-month term Finance required to carry out works Borrower’s requirements: An established…
£1.2M refurb loan to create apartments from commercial property Situation: We were approached by an experienced property developer borrower, who had previously worked as a Quantity Surveyor for a large house building company before starting SME projects for themselves. They had…
