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 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

Funding 365 Limited is registered in England & Wales / Registered address: 20-22 Wenlock Road, London, N1 7GU / Company Number: 8488034.

Funding 365 Limited is not regulated by the Financial Conduct Authority or under the Financial Services & Markets Act (FSMA). All loans provided by Funding 365 Limited are non-regulated mortgage contracts, defined under Article 61(3) of the FCA Regulated Activities Order or non-regulated contracts under the Consumer Credit Act. Your property may be at risk if you do not keep up repayments on any mortgage or loan secured on it.

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0800 689 0650

30 Stamford Street, London SE1 9PY

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