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 0.85% 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 2nd Floor, 4 Beaconsfield Road, St Albans,. Hertfordshire, AL1 3RD. Acre Lane Capital Limited is registered with theOffice of the Information Commissioner for data protection purposes (reg. noZA457199). © Acre Lane Capital Limited 2021.