Refurbishment Product

Avamore provides funding for light, medium & heavy refurbishment projects. Planning Flexibility feature applies.

standard Rate

From 8.25% p.a.

Max LTGDV

Up to 75%

DAY 1 LTV

Up to 75%

Loan range

£300k – £5M

Term range

3-24 Months

Avamore funds light, medium & heavy refurbishment projects. These parameters are determined by the percentage of works compared to the day 1 market value. Upper limits are 25%, 50% and 50+% for light, medium and heavy respectively. Therefore, the product is suitable for residential conversions or commercial to residential projects. The Planning Flexibility feature applies across all refurb types.

Need More Information?

Download the refurbishment product guide

What is there to know about Avamore’s refurbihsment Product?

The Refurbishment product is applicable for any development scheme which has a minimum of 1 existing wall being maintained on the project. 

Standard pricing is 8.5% p.a. for light, 8.75% for medium and 9% p.a. for heavy. In addition, the maximum day 1 LTV is 70% across light, medium and heavy works. The Planning Flexibility feature allows an additional build facility for enhanced or modified planning. A developer can either have submitted plans or be considering further works in order for a discretionary facility to be included and unlocked only when planning is gained. It can also be used if the developer is waiting for final sign offs on planning and would otherwise have to take an initial bridge loan. 

To find out more information, take a look at the FAQS.

HOW can avamore help?

Key information for Avamore transactions

Making an Enquiry

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.

refurbishment Case Studies

Refurbishment
Refurbishment
Refurbishment