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Add Value, Add Profit

Refurbishment Finance — transform & profit

From a quick cosmetic refresh to a full structural overhaul, refurbishment finance lets you buy below market value, add value, and exit at a profit. Your Generous Lender matches you with specialist refurb lenders who understand the strategy.

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0.49%

Rates from (per month)

85%

LTV up to

3–24

Term (months)

100%

Refurb costs funded

Understanding Refurbishment Finance

What is refurbishment finance?

Refurbishment finance is a type of short-term bridging loan specifically designed for property renovation projects. It covers both the purchase price and the cost of works, allowing you to buy properties below market value, renovate them, and either sell for a profit or refinance onto a long-term mortgage.

Lenders categorise refurbishment into two tiers: light refurbishment (cosmetic works that do not require planning permission) and heavy refurbishment (structural changes, extensions, change of use). The Global Lender network has specialists for both.

✓ Light refurb: kitchens, bathrooms, decorating, landscaping
✓ Heavy refurb: structural works, extensions, conversions
✓ Purchase price plus works funded in one facility
✓ Interest rolled up — no monthly repayments
✓ Loans from £50,000 to £10,000,000

Light vs Heavy Refurbishment

Light Refurbishment

Cosmetic works under £50k or less than 15% of property value. No planning required. New kitchen, bathroom, flooring, decoration, garden.

Heavy Refurbishment

Structural works, extensions, loft conversions, change of use. May require planning permission and building regulations sign-off.

HMO Conversions

Convert a single dwelling into a House in Multiple Occupation. Splitting into self-contained units or en-suite rooms.

Flip & Sell

Buy, renovate, sell at a profit. The classic BRRR strategy — Buy, Refurbish, Refinance, Rent (or sell).

Why Glender

Key features

Refurbishment finance built for investors and flippers. Your Generous Lender knows the renovation game inside out.

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Works Costs Included

Many lenders fund up to 100% of refurbishment costs on top of the purchase price, released in stages or as a single drawdown for light refurb projects.

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Valued on GDV

Lenders assess LTV against the post-works (gross development) value, not just the purchase price. This means you can borrow more against the uplift you create.

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Rolled-Up Interest

No monthly outgoings during the refurb period. All interest is added to the loan and repaid when you sell or refinance — protecting your renovation budget.

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Fast Turnaround

Light refurb bridges can complete in as little as seven days. Even heavy refurb facilities typically take only two to three weeks to arrange through our panel.

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All Property Types

Houses, flats, HMOs, commercial-to-resi conversions, mixed-use — if there is value to add, Glender can find a lender who will fund the works.

👥

Portfolio Landlords

Seasoned investors running multiple projects simultaneously are welcome. The Global Lender network has funders experienced with portfolio-scale refurbishment programmes.

How It Works

Four steps to renovation funding

From enquiry to keys and tools in hand — Glender makes refurbishment finance straightforward.

Describe Your Project

Property details, purchase price, scope of works, estimated end value, and your exit plan.

Smart Matching

Glender analyses your refurb plan and matches you with lenders specialising in your project type.

Compare Offers

Review competing terms side-by-side. See rates, fees, LTV, and works funding clearly laid out.

Complete & Renovate

Funds released for purchase and works. Start your renovation and add value to the property.

Eligibility

Who can apply?

Refurbishment finance is popular with property investors, flippers, and landlords looking to add value. Whether it is your first project or your fiftieth, your Generous Lender has options for you.

✓ Individual property investors
✓ Limited companies and SPVs
✓ Portfolio landlords
✓ First-time refurbishers welcome
✓ Adverse credit considered

What you'll need

● Property details and current condition
● Schedule of works with cost breakdown
● Estimated end value (post-refurb)
● Exit strategy (sell or refinance)
● Proof of identity and deposit/equity
● Planning permission (for heavy refurb only)

FAQ

Frequently asked questions

Light refurbishment covers cosmetic improvements that do not require planning permission or structural changes — think new kitchens, bathrooms, flooring, decoration, and landscaping. Heavy refurbishment involves structural alterations, extensions, loft conversions, basement digs, or changes of use that may require planning consent and building regulations approval. Rates and LTV differ between the two categories.

Yes. Most refurbishment bridge lenders will fund the works on top of the purchase price. For light refurb, the works element is often released as a single lump sum at completion. For heavy refurb, funds are typically released in stages as works are verified by a monitoring surveyor. Some lenders fund up to 100% of the works costs.

BRRR stands for Buy, Refurbish, Refinance, Rent. You purchase a property below market value using a refurbishment bridge, carry out the renovation works, then refinance onto a buy-to-let mortgage at the new higher value. The uplift in value means you often recover most or all of your initial investment, which you can then recycle into the next project. Your Generous Lender supports the entire cycle.

LTV for refurbishment bridges is typically calculated against the current (as-is) property value for the initial advance, with the works element assessed separately. Some lenders calculate LTV against the post-works (gross development) value, which can mean a higher total facility. Glender shows both metrics in your offer comparison so you can understand the true leverage available.

No. While experienced investors may access better rates, many lenders on the Glender panel welcome first-time refurbishers. For light refurb, experience requirements are minimal. For heavy refurb, lenders may want to see that you have a competent contractor or project manager in place. Your Generous Lender matches you with the right funder for your experience level.