Product Criteria

Light Refurb Loan

TERM Up to 12 months
LOAN AMOUNT £50,000 - £500,000
SECURITY 1st Charge
LTV Max 60% of GDV

Development Loan

TERM Up to 12 months
LOAN AMOUNT £50,000 - £500,000
SECURITY 1st Charge
LTV 100% of build costs subject to that being Less than 50% of GDV

We may consider projects outside our standard criteria.

Notes

  1. Light refurb loans are for renovations that do not require structural works or planning consent.
  2. No owner occupied properties allowed, and commercial / semi commercial by referral.
  3. For development land must have detailed planning consent.
  4. Barns and chapels for conversion count as development.
  5. We may lend outside of published criteria if project has merit.
If you have any questions for us at Bishopsgate please do not hesitate to call us on 0161 273 5188.

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