A Refurbishment Bridging loan from LendInvest provides your client with freedom and flexibility to achieve their investment goals. Benefit from no project monitoring, a light-touch approach, and high LTVs, enabling your client to complete their project and transition to one of our other term products.

Here’s an example of one of our Refurbishment Bridging products in action:

A broker came to us seeking a short-term loan for clients who wanted to purchase a 3-bedroom semi-detached house in Bristol. The house is situated on 1 acre of land, and there are various other structures throughout the property, which the clients are looking to maximise in the near future 

The client wanted to refurbish the house, including a new kitchen, flooring, windows and doors. The total cost of the project works was around £50k and would take around 3 months to complete. 

In the end, we secured a loan for £675k at 85% of the day-1 open market value.

Product features:

• Instant quotes, applications and DIPs all done in the Mortgages Portal

• Up to 85% LTV: no waiting for drawdowns

• Minimum loan of £100k

• Lending off the open market value