Lendhub launches 85% Refurbishment poduct

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Lendhub announces the launch of an 85% Refurbishment facility.

The market-leading product is catered to light refurbishment projects where borrowers self-fund the works.

This highly geared facility is catered to borrowers looking to complete conversion or renovation projects that require no structural conversion or extension works

Titled ‘85% Refurbishment’ on Lendhub’s revamped website, the new product offers facilities between £350,000 and £1.5m up to 85% LTV.

With the added benefit of no monitoring, fees are kept to a minimum for borrowers.

Lendhub’s existing Light, Medium, and Heavy Refurbishment products, comprising lender-funded refurbishment works, also offer up to 85% LTV, inclusive of interest, and up to 75% LTGDV with rates from 0.59%

The news follows the launch of Lendhub’s company rebrand, which revealed a fresh, new website offering quick and easy online loan applications.

Commenting on Lendhub’s new product, Managing Director Christopher Adamou said: “I’m extremely pleased to introduce this new product to the short-term lending market. At Lendhub, we are always striving to exceed our clients’ expectations and think ahead, and this exciting new product, as well as our recent rebrand, are a great reflection of this.”

“These are exciting times for Lendhub. We are always striving to exceed our clients’ expectations and think ahead. I’m proud to introduce this new product to the market and further assist our clients in maximising their gains.”

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