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The brief

Our solution

Underwriter quote

Our team created a bespoke solution, providing the full cost of works (£150,000) in three drawdowns. This, alongside the 75% LTV, enabled the borrower to begin the refurbishment immediately. The 12 month term ensured that the properties were built to a high standard and sold without fear of late penalities. 

The borrower required funding to purchase a dilapidated house in York, England, and undertake a complete internal refurbishment to bring it to a modern, habitable standard. 

This case was a great opportunity to support a fairly new developer in expanding their portfolio. Thanks to our great relationship and competitive rate, we have been able to assist this client with their subsequent development projects.  

Light Development Case Study CASE STUDY

REFURBISHMENT OF A 5 BED HOUSE

£394,000

75% LTV

0.69%  PER MONTH

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