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New finance available for heavy refurbishment

by | Jan 29, 2014 | News

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