Loan sizes range from £100,000 to £5,000,000 under Light Refurbishment and from £100,000 to £3,000,000 under Heavy Refurbishment, with larger facilities considered individually.
Both products are unregulated, first charge loans available against properties in England and Wales, spanning residential investment stock, semi-commercial premises where the commercial portion accounts for up to 35% of property value, and commercial buildings being converted for residential use.
“These product improvements are a direct response to feedback from our partners,” said Laura Kendall (pictured top), marketing director at Funding 365. “We’re delighted to able to add the benefits of higher net LTVs to the highly competitive rates and five-star service that Funding 365 has become synonymous with.
“Expect more product enhancements in the near future, made possible by our recent acquisition and new £300 million funding line. As always, we encourage all brokers to go straight to our dedicated underwriters who aim to deliver bespoke, credit-backed terms within one hour of enquiry.”
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