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January 22, 2024

Backing landlords and property investors with our high LTV refurbishment products

Luke Stevenson Written by Luke Stevenson
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Get a quote on our 85% LTV Refurbishment Bridging Range here.

By Victoria Barnard, Business Development Manager

As landlords get back into the market properly in 2024 – something we’ve already seen by the volume of applications coming through our doors for Buy-to-Let in the first weeks of the year – we’ve been looking at more ways we can support their ambitions. 

Similarly, in a country crying out for high-quality homes, we’ve been thinking about the steps necessary to support house flippers and property investors to provide them. 

As a bridging team; we’re all about flexibility, certainty and a quick yes where it suits us and your borrower. 

This is why we’ve launched two new High LTV Refurbishment products, pitched specifically at the type of customers we think we can help get moving on their next project. 

85% LTV Landlord Refurbishment Bridge

In a rental market as in demand as our one, quality homes delivered quickly is of paramount importance. 

What refurbishment finance can do is support landlords to acquire a property and make the necessary improvements, either to convert it into a rental property, do surface-level upgrades or a more comprehensive redecoration and update to aid increase rental yields. 

85% LTV House Flip Refurbishment Bridge

Probably the only demand greater than that for rental properties, is the demand for high quality homes. 

In an environment where building properties from scratch is a challenge, how lenders can support property investors to deliver housing needs is of key importance. 

Built around being flexible

So what are the details that can make these products work for landlords and property investors? 

  • 85% LTV on Day 1 = No waiting for drawdowns, cash on hand, proceeding at pace
  • Automatically rolled interest = we protect your clients cashflow with no monthly outgoings, just repayment at the end of the loan
  • Minimum loan £100k = suitable for all forms of housing, at every step of the ladder, across the country
  • No monitoring on works; they can proceed with freedom to do what they do best; provide high quality homes. 

There is lots of demand in for properties of every stripe in the market at the moment. 

Backing landlords and property investors to deliver on this demand is incumbent on all lenders, and with flexibility, freedom and certainty; we’re helping them to deliver that. 

Get a quote on our 85% LTV Refurbishment Bridging Range here.

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