Light Refurbishment
Cosmetic works, new kitchen, bathroom, redecoration, flooring. No structural changes.
- Faster to arrange
- Lower rates
- Typically 6–12 month term
- Funds often released upfront
Heavy Refurbishment
Structural work, extensions, change of use, major conversion projects.
- Funds drawn in stages against works completed
- Requires schedule of works
- Sometimes a QS (Quantity Surveyor) required
- Longer term available
Key benefits
Buy unmortgageable properties others can't
Properties too run-down for a standard mortgage are exactly what refurbishment finance is designed for.
Funds released in stages as works progress
Drawdown against completed works keeps the project moving and protects your investment.
Light and heavy refurbishment options
From cosmetic upgrades to full structural conversions, we match the finance to the scope of works.
Exit to mortgage or sale
Once works are complete, refinance onto a long-term mortgage or sell at the uplifted value.
All property types considered
Residential, commercial, semi-commercial, and mixed-use refurbishment projects accepted.
Experienced and first-time refurb investors
Whether it's your first project or your fiftieth, we have lenders to match your experience level.
What you need
To assess your refurbishment project, we'll need details about the property, the works planned, and your exit strategy.
- Property address and current condition
- Schedule of works with costs
- GDV (what it will be worth when complete)
- Exit strategy
- Contractor details for heavy refurbishment
- Director details
How it works
Property purchased with initial funds
Works begin, funded from refurbishment facility
Funds drawn in stages against surveyor sign-off
Exit: sell at uplift or refinance onto long-term mortgage
Important: Refurbishment finance is secured against property. Ensure you have a realistic schedule of works, a clear exit strategy, and adequate contingency before proceeding. Failure to meet repayment terms could result in repossession.
Related finance options
Estimate your monthly cost
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Refurbishment finance calculator
Estimate the cost of a refurb facility, including the works tranche and rolled-up interest.
Illustrative only, not a quote. Facility £100,000 to £10,000,000.
Calculations are illustrative only. Actual rates, terms and fees are deal-dependent and vary by lender, business profile, and security. Speak to your broker for a tailored quote.
Frequently asked questions
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