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Refurbishment Finance

Interest Rates from 0.45% per month

Finance from £50,000

No minimum term

Refurbished Living Room

Specialists in Refurbishment Finance

We specialise in raising refurbishment finance on residential and commercial property in the UK. You will have access to funding solutions from the high street and private banks, specialist lenders, family offices, wealth managers and private investor fund groups

How can we help you?

  • Loans starting from £50,000 

  • Monthly interest rates from 0.45% pm

  • Terms up to 36 months

  • Loan to Value (LTV) up to 70% on light and medium, and 65% on heavy

  • No exit fees

  • Light, medium and heavy refurbishment solutions

  • Serviced Interest or Interest roll-up options

  • Quick decisions and completions

  • We have access to lenders who can convert from a short term refurbishment finance loan to Buy to Let. 

What is Refurbishment Finance?

Refurbishment Finance are specialist loans issued to cover the costs of property refurbishments.


There are two primary types of refurbishment bridging loans available, known as ‘light’ refurbishment bridging loans and ‘heavy’ refurbishment bridging loans. The nature and scale of your requirements will determine which of the two is most appropriate for your needs.

Illustrative example of how refurbishment finance works

An example to illustrate how a refurbishment finance works:

  • Property purchase price: £100,000

  • Refurbishment cost: £20,000

  • Projected property value: £150,000

  • Refurbishment bridging loan: £105,000 (70% LTV)

Loan terms and eligibility criteria vary significantly from one lender to the next.  To receive a free quotation, you can easily fill in our online form and we will arrange a call when convenient to you to discuss your plans and see if we are able to assist.  

What is Light Refurbishment?

A light refurbishment bridging loan is suitable when a property requires relatively minor upgrades. The definition of ‘light’ refurbishments differs from one lender to the next, though typically applies where no planning permission is necessary to complete the project.

Typical examples of which include the following:

  • Central heating system installation

  • Rewiring the property’s electrics

  • Installation of new windows and doors

  • Everyday decorating and cosmetic improvements

  • Installation of a new bathroom

  • Kitchen remodeling projects

  • Repurposing one or more rooms

  • Most non-structural improvements

It is also worth noting that the project can incorporate any combination of these and other moderate property improvements. As no major alterations are being made to the structure of the property or its surroundings, the project is likely to be considered a ‘light’ refurbishment. You can read further on development finance here

What is Heavy Refurbishment?

Heavy refurbishment bridging loans are suitable for more challenging and advanced projects, typically where structural changes are involved. If it is necessary to obtain planning permission, it is almost always considered a heavy refurbishment.

The definition of ‘heavy’ refurbishments varies between lenders, though usually applies to renovations such as the following:

  • Any project that requires planning permission

  • Internal and external structural works

  • Property extensions and conversion projects

  • Building regulations

Depending on the size and nature of the project, applying for development finance could be more suitable. For example, if you were considering the conversion of a building into a block of apartments, development finance may be more appropriate.

How is Refurbishment Finance paid out?

Though not always the case, refurbishment bridging finance are paid out in two stages. 


The first payment is calculated based on the purchase price of the property, after which the second payment is transferred upon completion of the refurbishments. 


The value of the property with a refurbishment bridging loan relates to its projected value when the refurbishments have been carried out.



The articles are intended to provide a general understanding of the topic. The contents should not be treated as advice. Please note Accelerated Finance only considers applications for commercial or investment properties.


Your property may be repossessed if you do not keep up repayments on the finance secured against it.

Case Study 

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