New STL (Short Term Loan) finance is available for property heavy refurbishment purposes.
Heavy refurbishment is defined by the works being undertaken costing more than 15% of the property value.
Typical examples of use are:
- extensions
- loft conversions
- internal property reconfigurations
- change of use like converting single dwellings to flats
Key points are:
- up to 70% LTV (loan to value)
- terms up to 18 months
- no minimum interest
- no minimum term
- repayment options are fully serviced, part serviced, part retained or fully retained.
If you have any heavy refurbishment finance opportunities then call us on 01923 655441, or email processing@cpc-ba.co.uk