A LendInvest Case Study: A Speedy Refurb GDV to Maximise Investing Potential
Written by Michael Minnie
At LendInvest, we understand that the dynamic landscape of the bridging market in the UK needs innovative funding solutions to maximise the return on investment.
A Refurb GDV loan from LendInvest is perfect for your clients looking to acquire and refurbish properties to unlock immediate value.
This line of comprehensive financing empowers your clients to take on ambitious projects without sourcing separate funding for the refurbishment.
A Speedy Refurb GDV in West London
A broker approached us on behalf of their client, an experienced property investor with whom we have worked before.
They were seeking funding for the purchase of a 4-bedroom semi-detached house in the Acton area of West London. The property needed modernisation, including updating the kitchen and bathroom as well as building an additional room in the loft.
The works are estimated to cost £120k and take at least six months to complete. After the refurbishment is complete, they plan to sell the property.
Our dedicated team identified that this situation was ideal for our Refurb GDV line of funding, and we were able to deliver a loan for £683k at 70% LTGDV. Based on the client’s needs, we were able to complete this deal in a total of 28 days.
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How a Refurb GDV Loan with LendInvest can Cut the Complex:
- Expert Support: Benefit from our in-house MRICS surveyors who provide valuable advice on construction and value maximisation.
- Competitive Funding: Get up to £1.5 million, including 100% of your refurbishment costs.
- Versatile Property Support: Ideal for extensions HMOs, flats, houses, commercial-to-residential conversions, and Buy-to-Let properties.
- No Exit Fees
- Flexible LTVs: Access a maximum Day 1 LTV of 75% and a maximum LTGDV of 70% (including interest & fees).
- High Loan-to-Cost: We offer a generous maximum LTC of 90%, covering a significant portion of your total project costs.
- Seamless Transition onto one of our competitive Buy-to-Let product options.
Ready to explore how a Refurb GDV line of financing can help your client achieve their property investment goals?
Contact one of our dedicated experts today or start your quote with our Refurb GDV Calculator.