Property Refurbishment Finances With Zero Compromises.
Tired of looking for loans for property refurbishment? Whether it is an internal reconfiguration or a loft conversion, Mayfair Commercial Mortgages can save your day.
Why You Need Property Refurbishment Finance
Property Value: Maximised
Getting a property refurbishment loan is always a good idea when you’re looking to boost your property’s market value. Whether it is about flipping properties or getting a higher ROI for sale, a refurbishment mortgage is a great decision.
Rental Income: Amplified
It is always wise to consider seeking finance for property refurbishments when you’re aiming for higher rental rates. Our experts at Mayfair Commercial Mortgages always say that a good renovation always leads to better profitability.
Investment Portfolio: Expanded
When you have the right team of brokers on your side, even multiple property refurbishment financing doesn’t seem like a headache. Furthermore, this step helps you boost the growth of your property portfolio seamlessly and efficiently.
What We Do
Property Refurbishment Finance Experts You Can Count On:
- Our well-reputed team of finance specialists at Mayfair Commercial Mortgages can take care of all light and medium refurbishment projects that cost under 30% of the purchase price.
- If you’re not sure about the kind of refurbishment your property needs and the financial considerations that come with each project, let our specialists guide you on your best options.
- From loan amounts to interest rates and repayment schedules, we know exactly how to negotiate the best possible terms and conditions for the underwriting of your refurbishment project.
Whether it is for a change of use, loft conversion, extension, or internal reconfiguration, we offer only the best financing solutions for all our customers.
Features & Benefits
Market-competitive Loans
At Mayfair Commercial Mortgages, we understand the value of your time and money, which is why we offer market-competitive loan sizes for all your property refurbishment finance projects by negotiating with the most reliable lenders in the finance industry.
Customised Solutions
Whether it is a light, medium, or heavy refurbishment, we offer the most custom-tailored finance solutions for all our clients’ property refurbishment loan needs. With access to numerous contacts in the finance industry, we make sure you only get the best loan options.
Word-free Funding
While offering multi-million-pound new build development funding, our brokers also render 70% Gross Development Value and 100% cost funding for all our valued customers so that they can remain worry-free in all their property refurbishments.
How To Get Started
Getting your property refurbishment finance without stress is possible too. Here’s how:
- Call our expert team of finance specialists at Mayfair Commercial Mortgages, and they’ll help you detail your refurbishment goals and targets.
- With set targets and all your financial and property details in hand, we will help you choose the kind of lender you need.
- It is important to devise a detailed proposal for the lender of your choice, but don’t worry, because we will do it for you through our in-depth research techniques.
- If your application gets accepted by the lender after the review, our finance specialists will take care of any required underwriting with all the conditions and terms.
- If the agreement works for you and you’re satisfied with its conditions, we will finalise the required documentation and handle lender negotiations till the deal is finalised.
Contact
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Client reviews
FAQ’s
What is included in heavy refurbishment?
It mostly includes structural alterations but should not exceed 40% of the property’s value.
Will my credit history impact my property refurbishment finance application?
Yes, your credit history does affect your property refurbishment finance application.
What information will I need to provide for property refurbishment finance?
We will need information like your planned works, timescales, estimated projected value after the works, and assets/liabilities.
Which funding will I need for redecorating or replacing bathrooms, or kitchens?
You will need light refurbishment finance for such non-structural projects that cost less than 30% of the purchase cost.
What is an exit strategy?
It is what the lender looks at to help determine if you’ll be able to pay back the loan at the end of the term or not.
