{"id":4384,"date":"2022-05-20T16:06:13","date_gmt":"2022-05-20T16:06:13","guid":{"rendered":"https:\/\/blackandwhitebridging.co.uk\/?page_id=4384"},"modified":"2024-10-15T13:10:09","modified_gmt":"2024-10-15T13:10:09","slug":"refurbishment-bridge","status":"publish","type":"page","link":"https:\/\/blackandwhitebridging.co.uk\/brokers\/products\/refurbishment-bridge\/","title":{"rendered":"Refurbishment Bridge"},"content":{"rendered":"\t\t
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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\"\"\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Refurbishment Bridge<\/h1>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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For those with a property that needs refurbishment but don\u2019t have the capital to make these changes. Our bespoke Refurbishment Bridge can provide the capital needed quickly and without the need for a full development loan.\u00a0<\/span><\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Minimum Loan<\/h6>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\u00a350,000<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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\n\t\t\t\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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MAXIMUM LTGDV<\/h6>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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70%<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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\n\t\t\t\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Build costs funded<\/h6>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Up to 100%<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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\n\t\t\t\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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ARRANGEMENT FEE<\/h6>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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2%<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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\n\t\t\t\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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BROKER COMMISION<\/h6>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Negotiable\u00a0<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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\n\t\t\t\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Max Drawdown<\/h6>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\u00a3250,000<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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\n\t\t\t\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
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Maximum Loan<\/h6>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\u00a32,500,000*<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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\n\t\t\t\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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MONTHLY INTEREST<\/h6>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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From 0.79%, up to 1.19%<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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\n\t\t\t\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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INTEREST PAYMENT METHOD<\/h6>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Rolled<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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\n\t\t\t\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Exit fee<\/h6>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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None<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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\n\t\t\t\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Loan Term<\/h6>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Up to 24 months<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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\n\t\t\t\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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