Residential Refurbishment | 12 Months | £90,000

A client needed short term finance to fund the refurbishment of a property they recently inherited. The client plans to move into the inherited property once the work is complete. Our team managed to secure a bridging loan against their current property, allowing them to raise funds for the refurbishment. The relatively low-risk meant that the lender was able to reach a low rate of only 0.54% for a 12-month term—a great example of how a bridging loan can be used to fund a refurbishment.