In the current climate many properties are not selling for the desired price or been on the market for too long without having any concrete interest. The result of this has seen a great proportion of commercial and residential sales now going through auction.
More times than not the auction property will be in need of refurbishment / renovation works and this gives you the opportunity to buy the property at a price that reflects the condition of the property.
“A valuable member of our professional team. Honest, professional and they get the job done.”
Jamie O’Rourke - O’Rourke Homes Ltd
Development Finance Ltd can provide you with a development loan of up to 100% of the refurbishment / renovation costs. Once the works have been carried out you will be able to refinance to a commercial lender on loan term finance.
Here are some examples:
• Refit to comply with current building regulations.
• Restaurant refurbishment.
• Conversion of offices to residential.
• Land with planning for build of small office block.
Please complete the enquiry form or contact our specialist team today to start the ball rolling.