Refurbishment Finance

Adelpha Property Finance can provide finance to complete a heavy refurbishment of minor development or existing property. The works can be structural, conversion, refurbishment or extension work that may require planning permission or building regulation approval. The properties may be uninhabitable (e.g. no kitchen or bathroom) but our refurbishment funding, which is available in stages, is ideal to get a property into a habitable condition ready for refinance or sale. Examples of projects we can lend for include:

  • Extensions

  • Loft conversion

  • Change of use of premises to residential use

  • Conversion of a single into flats

  • works under permitted development

  • Extension refurbishment of property to add value

Key features

  • Security: 1st charge and personal guarantee.

  • Maximum LTV using GDV: Residential 70%, Semi-Commercial 60%, Commercial 60%

  • Term: 3 to 18 months

  • Loan Amount: £5,000 to £500,000

  • Rates: From 0.65% per month (flexibility with interest retained or rolled)

  • Location: Anywhere in England and Wales

  • Borrower Credit History: All credit history considered 

  • Borrower Type: Individual (from 18 years old up), Company, Partnerships, Foreign Nationals, Expats, SIPP / SSAS

  • Further advances: funds can be drawn down in stages

Contact a Decision Maker

We are here to assist