Buy to let Refurbishment mortgage

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It takes just 7 minutes to complete our secure online mortgage request form

If you own, or are purchasing a property to refurbish and let, financing can frequently be a problem.

  • How can you arrange funds quickly if buying a buy to let at auction?
  • How can you arrange funds on a buy to let property that is not is lettable condition?
  • How can you arrange funds on an existing buy to let property that you are refurbishing?
  • How can you raise maximum funds on a buy to let when the rental potential is hampered by the property condition?

Bridging Finance can be a short term solution but that comes with it’s own problems

  • I still need to remortgage in a few months?
  • I will pay lending fees for two stages of funding
  • I will pay legal fees for two stages of funding
  • It is all so much hassle

The Solution

We now have access to a refurbishment buy to let mortgage product that is specifically designed to allow you to:

  • Raise funds swiftly on a property in poor condition
  • Complete your refurbishment
  • Pay nothing on your mortgage during refurbishment – you only pay when the property is earning
  • Move on to a competitve buy to let mortgage rate without fuss

What is more!

  • Your buy to let mortgage is approved at outset (assuming no changes in circumstances and satisfactory post refurbishment valuation)
  • You only need to make one lending application, online, without fuss, with the help of our expert Team
  • Your Buy to Let mortgage rate is agreed at outset, before refurbushment

Our Buy to let Refurbishment mortgage product is suitable for:

  • Existing Landlords looking for change to HMO (up to 6 bedrooms)
  • Landlords adding rooms to a property (example garage refurb)
  • Properties needing work to achieve legal standards
  • Properties bought at auction needing light refurbishment
  • Refurbishment to maximise yield

Our Buy to let Refurbishment mortgage product works where:

  • Building Regulations are required
  • Works are completed under Permitted Development Rights
  • Internal refurbishment is required
  • A property is currently uninhabitable

Buy to let Refurbishment mortgage product – the process

  • Contact our Team
  • We can discuss your needs with you and tailor your application
  • We submit your application to the Lender without meetings, without paperwork, and without hassle
  • The Lender assesses the case and we deal with any queries
  • Valuation is carried out
  • You recieve two lending offers, one to cover the work period, one as your permanent buy to let funding
  • Funds are released
  • You complete your work
  • You ask us to arrange re-inspection
  • Your lending moves onto your competitive buy to let mortgage rate

Buy to let Refurbishment mortgage product limits

During refurbishment

  • Maximum loan to value 75%
  • Minimum lending £50,000
  • Maximum lending – unlimited
  • Minimum property value £50,000 (£100,000 in London)
  • Minimum property value HMO £100,000 (£250,000 in London)

After works

  • Maximum loan to value 80%
  • Minimum lending £40,000
  • Maximum lending – £3M (£1M HMO)
  • Minimum property value £50,000 (£150,000 in London)
  • Minimum property value HMO £100,000 (£250,000 in London)

Buy to let Refurbishment mortgage product and bad credit history

  • We can assist borrowers who have defaults and CCJs more than 24 months old
  • We can assist borrowers with mortgage payments missed more than 36 months ago
  • We can assist borrowers with missed payments on unsecured debt

What our Clients say...



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