Available for purchase and existing owners
With high street lenders still so reluctant to lend on properties needing either a minor facelift or major renovation, a short term refurbishment loan from Imagine Bridging Loans could be the answer.
If you are looking to purchase, Imagine Bridging can help you to raise funds towards the purchase and the full refurbishment costs.
If you already own a property, it's even easier! We can obtain finance on a first or second charge to prepare the property for sale or re-finance.
Renovation Loan - Case Study
Mr F. approached us to refurbish two maisonettes in West London. His usual finance provider was prepared to lend 50% of the purchase price of £610,000, even though the properties had valued at over £830,000. Total refurbishment costs were estimated at £200,000.We negotiated lending to 65% of the valuation, with a product that allowed further advances at various stages. This meant Mr F. has less reliance on outside investors which would potentially increase his profit margin considerably.The properties subsequently sold for over £1.4m, making our client a substantial profit.
Light or heavy refurbishment? We Can Help!
Whether it's a quick turnaround project to maximise your profit or a detailed refurbishment that can take months to complete, Imagine Bridging has the right product for you, at the right price and in the timescales you need.
All types of property considered
We can arrange refurbishment finance on residential, part residential/part commercial or fully commercial property, usually regardless of its condition.
We will not be beaten on cost or interest rates
Because you are contacting us directly, there is no middleman to pay. And remember - because of our fantastic lender relationships we have the best bridging loan products available! Plus, with no broker completion fees for advances over £200,000, you will always receive the best deal possible.
Call us free today on 0800 710 1333
WE RECOMMEND THAT YOU SEEK INDEPENDENT LEGAL ADVICE BEFORE ENTERING INTO A BRIDGING LOAN CONTRACT. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT. BRIDGING LOANS ARE SECURED ON PROPERTY.
All calls are recorded for training and compliance purposes. Imagine Bridging Loans is a trading style of Specialist Financial Services Limited. Registered in England and Wales, No. 05309450. Registered office is 133 Canalot Studios, 222 Kensal Road, London, W10 5BN. Specialist Financial Services Limited is authorised and regulated by the Financial Conduct Authority, FRN 676853. Imagine Bridging Loans does not charge up front fees. A valuation fee will be payable. For advances under £250,000 a fee may be charged upon completion, typically this will be £1,995. Imagine Bridging Loans and the Imagine Bridging Loans logo are registered trademarks. The use of these trademarks is strictly restricted to our approved suppliers only. Any infringement of this will be vigorously pursued. Reproduction of this website in whole or in part without permission is prohibited. We are a broker, not a lender.
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