Light Refurbishment
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Key Product Criteria
Light refurbishment loans can be used on residential, commercial or semi-commercial properties in need of refurbishment. This involves any decoration, modernization or replacement of any kitchen or bathroom in the relevant Property. it does not involve any structural works.
Purpose:
Completion light refurbishment of a property
Maximum loan size:
£3,500,000
Loan term:
1 to 18 months
MAX LTV:
70%
Arrangement fee:
2%
Interest method:
Retained or Serviced
Monthly rates from:
0.73%
Charge:
First
Early repayment charge:
None
Other Criteria:
Residential, semi-commercial or commercial. To be classed as semi-commercial, the residential element must account for at least 50% of the value and have separate access.
