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.
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.
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.
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.
Property Refurbishment Finance Experts You Can Count On:
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.
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.
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.
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.
Getting your property refurbishment finance without stress is possible too. Here’s how:
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.