Bridging Loan: Light Refurbishment

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Light Refurbishment Bridging Loan: Uses

- Refurbishment of houses or flats, painting, kitchen, bathrooms etc., where no structural work is needed i.e. no moving of load bearing walls, extensions etc.
- Sprucing up properties for onward sale after buying cheaply
- Re-configuring stud walls on property into flats or vice versa

Light Refurbishment Bridging Loan: Type of Properties Suitable

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

Light Refurbishment Bridging Loan: Loan Conditions

- No Exit Fees
- Multiple Security Acceptable
- Retained Interest
- Adverse Credit Considered on a Case by Case Basis
- No Minimum Size, Maximium Size £30 Million
- Maximum LTV 70% 1st Charge
- Interest Rates from 0.64% per month 1st Charge
- Works allowed subject to no heavy refurbishment i.e. structural changes

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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.