Refurbishment bridging for properties the banks won't touch yet
Short-term finance to buy and improve property, then refinance or sell on the higher value. A straightforward view of what's fundable, usually the same day.
Great deal, wrong mortgage
The best value is often in properties that need work: no working kitchen, damp, dated layouts, or a building that could become flats or an HMO. High street lenders usually won't lend until the work is done.
Refurbishment bridging fills that gap. It funds the purchase, and in some cases the works, so you can add value first and move onto a long-term mortgage, or sell, once the property is finished.
Bridge or development loan ending? Read about bridge exit finance.
Buying to let? Read about bridge to let finance.
Light or heavy: why it matters
Light refurbishment
Cosmetic and non-structural work, such as new kitchens and bathrooms, rewiring, decoration and minor layout changes, usually with no planning permission needed. Lenders see this as lower risk, and some will lend up to 80% of value on day one.
Heavy refurbishment
Structural work, extensions, change of use or conversion to flats or an HMO, often needing planning permission or building regulations sign-off. Lenders want more detail on costs, contractors and timescales, and may release funds for the works in stages.
Getting the category right at the start means the right lender, the right terms and no surprises halfway through.
How DGL helps
Sizing the deal
We look at the purchase price, the cost of works and the value once finished, so you know what's fundable before you commit.
The right lender
Matched to the type of works, the property and your experience.
Funding the works
Where it fits, lenders that release money for the works in stages as they progress.
The exit
We line up your refinance or sale from day one, so the bridge is repaid on time.
How it works
- 1
Tell us about the property, the price, the works and your plan.
- 2
We give you a straightforward view of what's fundable.
- 3
We arrange the bridge and the valuation, and the lender completes.
- 4
You carry out the works, drawing funds where the facility allows.
- 5
You refinance onto a term mortgage or sell, and the bridge is repaid.
Frequently asked questions
Tell us about your project
DGL Commercial Finance Ltd is not authorised or regulated by the Financial Conduct Authority. We arrange unregulated finance for property investors, developers and businesses only. Where a loan would be regulated, we will refer you to an FCA-authorised firm. All finance is subject to status, valuation and lender approval. Your property may be repossessed if you do not keep up repayments on a loan secured on it.