Our light refurbishment range offers an alternative way to fund the purchase and refurbishment of a property.
Rather than following the traditional two-step approach of taking out a bridging loan before securing a long-term buy-to-let product to exit onto once works are completed, borrowers can now opt for a single buy-to-let term mortgage solution, providing more certainty upfront and removing the need for two sets of legal fees.
- Initial mortgage advance completed
- Retention held
- Refurbishment works completed
- Reinspection
- Reinspection approval
- Retention funds released
What is the range for?
Non-structural and modernisation works which can be signed-off under the Competent Persons Scheme, without the need for building controls sign-off.
The project might typically include:
- Replacement bathrooms
- Replacement kitchens
- Full rewiring
- Garage and loft conversions (if roofline is not affected)
- Floor coverings
- Painting and decorating
- Minor repairs
View our range of refurbishment product here