1. Home
  2. All
  3. 80% net bridging finance for light and heavy refurbishment projects

80% net bridging finance for light and heavy refurbishment projects

by | Jan 3, 2023 | All

Designed for projects such as:

  • LIGHT REFURBISHMENT: Works that fall under permitted development, works that require building regulation sign-off, residential to HMO conversions of up to six tenants, replacement windows, decoration, light central heating and electrical work, internal reconfiguration, full rewire, installation of new bathrooms and kitchens.
  • HEAVY REFURBISHMENT: Conversions such as large HMOs & MUFBs that require planning permission and heavier schemes of works.

Criteria highlights:

  • Rates from 0.89%
  • £100k to £5m
  • 6 – 18 month terms
  • Rolled up interest
  • Same rate regardless of exit strategy (sale or let)
  • Planning permission is not required on day one
  • First-time landlords considered

TO FIND OUT MORE OR TO DISCUSS AN ENQUIRY, CALL: 01277 508 959 OR EMAIL: helpdesk@brightstarfinancial.co.uk SUBJECT TO STATUS.  PRODUCTS AND CRITERIA CAN BE WITHDRAWN WITHOUT NOTICE. FOR INTERMEDIARIES ONLY.

RELATED NEWS

RELATED NEWS

£30,000 Second charge to fund debt consolidation and home improvements

£30,000 Second charge to fund debt consolidation and home improvements

£30,000 Second charge to fund debt consolidation and home improvements Case StudyRichard Barham, supported by Amy Schofield, recently completed a £30,000 second charge loan to support debt consolidation and a programme of home improvements, including the installation...

£195,000 Second charge for home improvements

£195,000 Second charge for home improvements

£195,000 Second charge for home improvements Case StudyGeorgia Walton, supported by Ashley Bennett, recently completed a £195,000 second charge loan to fund a programme of home improvements, including the installation of a new kitchen and new windows. The facility was...

Second charge, the first option

Second charge, the first option

A quiet shift is underway in the UK mortgage market, and it is being driven by borrowers, not lenders. We are seeing more clients who are choosing to stay put, capital raise and improve and extend their homes, rather than move and pay more stamp duty and solicitor...