Imagine Finance
Refurbishment Bridging Loans
Raise funds quickly to refurbish a new or existing property with Imagine Finance
Refurbishment loans are a fast way to finance a renovation project, whether you are a property developer, investor or landlord.
If you have seen potential in a property that needs work, snapping it up cheaply and carrying out improvements could make you a profit by selling, or generate revenue by renting.
Refurbishment loans can cover cosmetic changes such as redecorating or fitting a new kitchen (light refurbishment).
They can also cover more serious, structural changes such as building an extension or anything that requires planning permission or building regulations sign-off (heavy refurbishment).
Once your refurbishment is completed, we can help you to obtain a term mortgage if you decide to keep the property.
Contact Imagine Finance today and guarantee to get the lowest rates and best available terms to suit your needs.
Frequently Asked Questions
What is a refurbishment bridging loan?
A refurbishment bridging loan is a type of short-term business finance that allows you to make improvements to increase the value of your property before renting or selling it for a profit.
Imagine Finance has an exclusive product made available to us by a leading bank. This will allow you to borrow up to 80% net of the property value, or 90% if you are purchasing a property at below market value.
We can also assist in providing the funds for the refurbishment in most cases.
How can I obtain a refurbishment bridging loan?
Fill out our easy application form – you will need to have an idea of how much the refurbishment will cost, along with what the value will be once completed.
If you are buying a property, once approved, your solicitor will receive the funds to complete the purchase. Any further payments for the refurbishment are paid in arrears.
If you are refurbishing a property you already own, funds should be released to you as and when you require them.
How will you support me through the process?
Imagine Finance has been helping customers obtain refurbishment bridging finance for over 30 years, with access to a range of exclusive products.
We appreciate how important it is to obtain funds quickly, which is why we work tirelessly to have your application approved as soon as possible.
With our expert advisers on hand to answer any questions, you can be sure you are in safe hands – apply now to get started.