Heavy Refurbishment
WHAT IS HEAVY REFURBISHMENT BRIDGING FINANCE?
Heavy Refurbishment Bridging Finance is a short-term loan tailored for substantial property renovations. It’s ideal when standard mortgages don’t apply due to the property’s condition.
This finance option helps investors or developers fund significant works like structural changes, extensions, or complete overhauls. It bridges the gap between purchase and either sale or long-term financing once the refurbishment is complete.
Its quick access to funds and flexible terms suit properties needing extensive work to reach market potential or habitability standards.
Key Benefits
PURPOSE & USE
Funds major property renovations
Suitable for uninhabitable properties
Ideal for structural modifications
Enables extensive property overhauls
FEATURES & BENEFITS
Short-term, fast-access financing
Flexible lending criteria
Higher borrowing potential
No long-term financial commitment
CONSIDERATIONS & RISKS
Higher interest rates than mortgages
Requires clear exit strategy
Security against property needed
Risk of property devaluation
GET IN TOUCH
WHY CHOOSE CLEVER COMMERCIAL?
Experienced. Trustworthy. Tailored.
For over 30 years, Clever Commercial has provided bespoke property financing with competitive rates and flexible criteria. Experience award-winning service and expert guidance—your future starts here.
We believe in our clients’ potential, and that belief has earned us their trust as leading mortgage brokers.
FREQUENTLY ASKED QUESTIONS
What is Heavy Refurbishment Finance?
It’s a short-term loan specifically for significant property renovations, ideal for projects too extensive for standard mortgages, such as structural changes or complete property overhauls.
Who can benefit from this type of finance?
Property developers, investors, and sometimes homeowners are undertaking substantial refurbishment projects requiring quick, flexible funding solutions.
What are the risks associated with this finance?
The risks include higher interest rates than traditional mortgages, the need for a clear exit strategy (sale or refinance), and the potential for property devaluation if the project doesn’t go as planned.
How does repayment work with this type of finance?
Repayment typically occurs at the end of the loan term, either through the sale of the refurbished property or through refinancing with a more traditional, long-term mortgage solution.
OUR CLIENTS THOUGHTS
RECENT TESTIMONIALS
Marc worked over many months to help me find the right financial product to suit my complicated refinancing project. Having identified the right product, Marc then worked for many more months to help me get the financing completed. I had so many issues that I had to face and at every obstacle Marc was on hand to help me to resolve it, and very often took it upon himself to do it for me. Marc went for beyond just brokering a good deal for me, he was my partner in making this happen. I could not have done this without his support. Thank you Marc for being so calm and patient and having faith when I had lost mine!
I. Knight
Marc has provided our company with excellent service and advice. He has vast experience and knowledge, and is able to advice on the most suitable lenders given our requirements.
Especially during the legal stage of the lending process, he facilitates and communicates with lenders in a way we would not be able to ourselves.
We would certainly not be where we are without his services. Highly recommended.
M. Dunn
The service provided for my bridging loan was second to none. The support I received was very professional and generous.
I would highly recommend Clever Commercial to everyone and anyone who needs a professional, caring and competitive rate for it’s loan or any kind of finance.
D. Dezfull
Marc has provided our company with excellent service and advice. He has vast experience and knowledge, and is able to advice on the most suitable lenders given our requirements. Especially during the legal stage of the lending process, he facilitates and communicates with lenders in a way we would not be able to ourselves. We would certainly not be where we are without his services. Highly recommended.
P. Strøm