When customer knows how we work they come back again

Funded:

£86,250

Location:

North West

Property Type:

Residential

Funding:

Refurbishment Loan

The third time we have had the pleasure of helping our client to purchase, renovate and flip a property.

  • £86,250 net loan. £71,250 towards purchase and 15k for renovations with no QS needed, using our light refurb product.
  • Helping our existing clients to purchase their new property for renovation and a flip.
  • Self cert drawdowns-photos/Invoices
  • Excellent working relationship with Nick and Sarah from Eight Property Group Ltd
  • Under our minimum loan but able to help due to manual underwriting and existing relationship
  • Great to see a company giving back to the local community

Refurbishment Loans – Key Features

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  • Loan Size: From £100,000 to £2.5 million, with flexibility for more complex projects.
  • Term Length: Up to 18 months, giving you time to complete works and exit.
  • Market Leading Loan-to-Value (LTV): Up to 75% of post-works value (GDV) based on a 180-day VP valuation.
  • Interest: Rolled up and paid at the end of the term—preserving your working capital.
  • Security: Requires a first legal charge on the subject property.
  • Exit Strategy: Must be clear—either via refinance or sale post-refurb.
  • Transparent Fees: Arrangement and exit fees from 1%, no early repayment penalties, no unnecessary admin charges.
  • QS Monitoring Costs: Only for complex schemes (Seneca does not add internal monitoring fees), no QS required if refurb cost is sub £50k and works are non-structural.
  • Desktop Valuations Considered: Desktop valuations also considered if works are sub £50k (property value up to £300k).
  • Unregulated Product: these Bridging loans are not FCA-regulated, they are not available for owner-occupied residential properties.
Learn more about our Refurbishment Loans

Recently Funded Projects

10 Day Turnaround for Refurbishment Finance in Sheffield

Funded:

£180,000

Location:

North

Property Type:

Residential

Funding:

Refurbishment Loan

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£1.3m Refinance & Capital Raise in Cumbria

Funded:

£1.3M

Location:

North

Property Type:

Commercial

Funding:

Bridging Loan, Capital Raise

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Empowering First-Time Investors with Agility and Speed

Funded:

£230,000

Location:

North East

Property Type:

Residential

Funding:

Refurbishment Loan

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