Heavy Residential Refurbishment Loan

Works being more than 20% of the property value. This is likely to be extensions, loft conversions, internal reconfigurations and change of use (single dwellings to flats when planning is in place). Existing structures subject to refurbishment or improvement, but not demolition or reconstruction. No ground up development. Existing planning in place for proposed use.

  • Monthly interest from: 0.99%
  • Arrangement fee: 2%
  • Exit fee: Negotiable
  • Maximum loan to value: up to 75% of purchase price or day one OMV (subject to end LTGDV not exceeding 65% and total LTCost not exceeding 80%) Plus 100% of refurbishment costs
  • Maximum term: 18 months
  • Minimum loan: £100k

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Signature provide an established developer with six-figure residential bridging loan

Throughout 2023, Signature built on its reputation as an experienced and reliable short-term property finance provider, doubling down on its efforts to improving the UK’s housing crisis by supporting a wide range of developers, both independent and established. No matter how big or small a project may be, Signature’s ethos…

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