What is refurbishment finance?
Refurbishment finance is short-term bridging to buy and improve investment property — from light cosmetic works to heavy refurbishment. Berkeley Credit lends up to 70% LTV, from £50,000 to £25,000,000, from 0.79% per month, with a same-day decision, across England and Wales.
Light and heavy refurbishment
Light refurbishment covers cosmetic and non-structural work — kitchens, bathrooms, redecoration, bringing a tired property up to a lettable or saleable standard. Heavy refurbishment involves structural change, extensions or a change of use, and is assessed case by case on the scheme and your track record. Either way the loan is short-term, repaid when you refinance onto a term or buy-to-let mortgage, or sell.
How we lend
We’re asset-led, lending against a proper valuation of the property with the works and your experience taken into account, and a verified exit. Up to 70% LTV on residential investment, 65% on commercial, over 3 to 24 months. We lend our own capital on a single registered charge. Larger and heavier schemes are underwritten individually. → Re-bridging & developer exit · Residential bridging
Investment property only
Refurbishment finance from Berkeley Credit is for investment and business property you don’t occupy — not for renovating your own home.
Frequently asked questions
What’s the difference between light and heavy refurbishment?
Light refurbishment is cosmetic and non-structural; heavy refurbishment involves structural work, extension or change of use. We fund both, with heavy schemes assessed individually.
Can you fund the works as well as the purchase?
We lend against the property and take the planned works and your experience into account. Larger schemes are structured case by case — talk to us about the project.
How is refurbishment finance repaid?
By refinancing onto a term or buy-to-let mortgage once the work is done, or by selling the improved property.
Planning a refurbishment? Talk to us
Tell us about the property and the works, and get an honest, same-day decision. £50,000 to £25,000,000 across England and Wales.
Call 07887 179096 · Email info@berkeleycredit.co.uk
Berkeley Credit Limited is registered in England & Wales (Company No. 16111009) and with the FCA under the Money Laundering Regulations (No. 1029007); not fully FCA authorised; no regulated advice. All lending is for business and investment purposes only, on property the borrower does not occupy, and subject to valuation, legals and underwriting.