Bridging Loans: Heavy Refurbishment

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Heavy Refurbishment Bridging Loan: Uses

- Extensions
- Loft Conversions
- Moving load bearing walls
- Basements

Heavy Refurbishment Bridging Loan: Types of Properties Suitable

- Residential Properties
- Non Residential Property with PD or Planning for Conversion to Residential (i.e. Office, HMO's, Sui Generis to Residential)
- Multiple occupation (such as HMO’s)
- Properties in England and Wales

Heavy Refurbishment Bridging Loan: Loan Conditions

- Multiple security acceptable
- Retained interest or rolled up interest
- Adverse credit considered on a case by case basis
- Minimum Size £200k, maximium size £10 million
- Maximum LTV 70% 1st charge
- Maximum LTC 85%
‍- Interest rates from 0.7% per month
- Experience will be required, pricing will vary accordingly
- Liquidity of the finished units is important, pricing will vary accordingly

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1 Hour to your Decision in Principle

A decision in Principle can be given within an hour of application, if during weekday hours. We can take a Bridge Loan from Decision in Principle to cash in your bank inside 4 days if necessary.
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This information is strictly for the use of approved intermediaries only. Acre Lane Capital Ltd,a limited  company registered in England under 11518927  whose registered address is Verulam Point, Station Way, St Albans, Hertfordshire AL1 5HE. Acre Lane Capital Limited is registered with theOffice of the Information Commissioner for data protection purposes (reg. noZA457199). © Acre Lane Capital Limited 2021.