Refurbishment
Lendhub’s refurbishment loans are designed to cover a range of projects. Whether it's a light refresh or a major overhaul, our flexible funding solutions fit all kinds of refurbishment needs. Our refurbishment loans are best suited for interior modifications, minor upgrades, extensions, and conversations to residential.
Our expert team provides ongoing support and clear communication, making your property transformation smooth and easy. Trust Lendhub to turn your refurbishment vision into reality.
Loan Overview
- Rates from 0.89% per month
- Up to 75% Net LTV Day One
- Up to 75% LTGDV
- Up to 90% LTC
- Planning gain considered as equity
- Non-regulated
- Daily Rolled Interest
- Terms up to 24 months
- Coverage across England & Wales
- Light touch asset manager drawdown process
- Available on residential, commercial and mixed-use schemes.
- Financing from light to heavy refurbishment projects
- Rapid approval process for quick access to funds
- Dedicated team and fast turnaround
General
- Maximum number of applicants: 4
- Borrower Experience: At least one guarantor or borrower must have a minimum of 3 completed refurbishment projects undertaken as a developer in the past 5-years, or, where the loan is a light or medium refurbishment, the contractor or building firm must have relevant experience in the last 5-years.
- Deposit: On all purchase cases the source of deposit must be disclosed and Lendhub may request that evidence of the deposit is produced.
- Servicing is not allowable.
- Exit Strategy: The borrower must have a valid and reasonable exit strategy in place to repay the loan at term.
Individuals
- Minimum age: 18
- Maximum age: 85
- Foreign nationals & expats without a UK credit footprint are permitted at a reduced leverage.
- Criminal convictions are not permitted.
- If accompanied by evidence and an explanation that the issue was only temporary then missed payments and credit blips can be considered.
- The following credit profile is applied for loan applications:
- No bankruptcy/IVA in the last 3 years.
- Missed mortgage/secured payments allowed: Up to 4 in the past year. None in the past 6 months.
- Unsecured arrears allowed
- County Court judgments (CCJs) allowed: Maximum value of £10,000 which must be settled prior to completion.
- Gifted deposits for individuals are acceptable. A deed of gift and gift indemnity insurance will be required.
Companies
- Full personal guarantees are required from all directors and shareholders holding more than 25% of shares in the company.
- Gifted deposits for Limited Companies. Acceptable without a customer contribution when the following are in place and verified: Directors loan, Intercompany loans, Business savings
- Bankruptcy or liquidation: No bankruptcy or winding up petition in the last three years.
- Residential, commercial, and mixed-use properties
- Properties in England and Wales
How it works
Enquire & apply
Contact us with your loan enquiry and we will provide an initial offer
Send us documents
Provide information about yourself and the property associated with the loan for us to review.
Sign final loan documents
Once everything is submitted and approved we send you final paperwork for you to sign.
Receive funding
The transfer happens within two weeks of the documents being signed.
Why choose Lendhub?
Experts at your fingertips
Our team of property experts help you find solutions specifically designed to meet your individual needs.
Certainty of funds
Unlike other lenders we will always lend on the terms you receive, so you can move forward with ease.
Quick process
We make speed a priority and are committed to ensuring you get your terms without delay.
Trusted partners
We’re here to support you, whether it’s servicing your current loan or helping your business expand more.
A solution built for you
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Complete loan management
Quick approvals
Expert support
Transparent process
Refurbishment
success stories
Read about how our clients have succeeded with their loans.
![](https://cdn.prod.website-files.com/664cc77a570469a0daaf9e8f/667ad89a3b7d39dd8f95af41_Frame%201244831673%20(2)%20(1).png)
Prime London refurbishment
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Residential refurbishment in London
Get started with Lendhub today
Ready to get started? Need to talk to someone? Use our quick enquiry form or speak to one of our team members if you have any questions.