Avamore provides funding for light, medium & heavy refurbishment projects.
0.56%
Up to 75%
Up to 85%
£250k+
3-24 Months
Avamore funds light, medium & heavy refurbishment projects. Therefore, the product is suitable for residential conversions or commercial to residential projects. If the borrower needs funds for a site purchase before works commence, Avamore can support with its residential or commercial bridging product. Avamore can fund the build cost, upfront, in arrears or at practical completion.
*BBR added to the Avamore rate. Fixed for the life of the loan. Floating rates available on request subject to Credit Committee approval.
Every refurbishment is different which is why we are flexible on how and when you fund yours. We offer funds on day one, in tranches or at practical completion, however best works for you or your client. The Refurbishment product is applicable for any development scheme which has a minimum of 1 existing wall being maintained on the project.
If you are not changing anything structurally, there is no need for an MS.
Take the stress out of your refurb and get in touch with one of the team to discuss how we can help streamline your next project.
You can take out a loan from £250k, our monthly rate is 0.56% p.m. + BBR. The maximum day 1 LTV is 85%, with a max LTGDV at 75%.
To find out more information, take a look at the FAQS.
If you would like to discuss a project with Avamore, please provide the following information at initial enquiry stage:
This will allow Avamore’s Relationship Managers to determine whether we are able to provide you or your client an indicative offer.