Refurb Bridging gives 85% LTV Day 1 then 100% Cost of Works

12 August 2025

If you are purchasing a Residential property in need of a "Light" Refurbishment, we have access to market-leading products giving the highest leverage at the most competitive rates.

85% LTV (Gross) on Day 1 based on OPEN MARKET VALUE (and NOT 180 Day value!).

100% of the Cost of Works can then be provided, in arrears.

Minimum loan £100k.
Maximum loan £5m.

Interest rates:
0.69% pcm for up to 65% LTV
0.74% pcm for up to 70% LTV
0.79% pcm for up to 75% LTV
0.93% pcm for up to 85% LTV

2% Arrangement Fee.
No additional broker fee.
No Exit Fees.

Up to 18 months.

Valuation & Legal Fees at market Rates.

Monitoring costs will apply where the Cost of Works is drawn in multiple tranches.
Dependent on borrower experience & the extent of works to be carried out, monitoring might not be necessary. Where necessary, monitoring is typically carried out by an Asset Manager.

Conditions:
Subject to a maximum of 75% Loan to GDV gross (based on Open Market Value).
Residential properties in England & Wales only.
Cost of Works cannot exceed 40% of the Day 1 Open Market Value.
Experienced developers/ investors only!
No adverse credit (some adverse credit can be considered, subject to a higher interest rate).

Examples of permitted uses would be Refurbishments, single storey extensions, loft conversions & conversions to residential/ HMO.

With NO UPFRONT FEES whatsoever, you have absolutely nothing to lose, so we invite you to test our services today.

Visit our Website
Call Positive today on 0161 763 0321
info@positivecommercialfinance.co.uk