Light, Medium & Heavy Works
Refurbishment Finance
Funding for light, medium and heavy refurbishment and conversion projects.
We fund light, medium and heavy refurbishment projects. The category is guided by the scale of works relative to the day-one value — broadly up to 25% for light, 25–100% for medium and above 100% for heavy works. This makes the product suitable for residential conversions and commercial-to-residential schemes.
How works are funded
A day-one advance is provided against the current value or purchase price, with refurbishment costs funded in stages. Drawdowns are typically released in arrears following a monitoring surveyor's inspection, subject to the facility terms.
What we assess
We review the schedule of works, costings, the borrower's relevant experience, the projected end value and the exit strategy. Independent valuation and, where relevant, a monitoring surveyor will be instructed.
At a glance
Indicative only- Rate from
- 0.90% per month
- Max LTV
- Up to 75% LTV / 100% of works
- Loan size
- £200,000 – £10,000,000
- Term
- 6 – 24 months
Key features
- Light, medium and heavy refurbishment
- Residential conversions and commercial-to-residential
- Day-one advance plus staged works funding
- Works typically released in arrears against surveyor sign-off
- Planning flexibility considered across refurbishment types
Published Criteria
Indicative criteria
Indicative only — subject to underwriting, credit approval and independent valuation. These figures do not constitute a formal offer of finance.
Explore this facility for your transaction
Charter HCP Bridging is not authorised or regulated by the Financial Conduct Authority. We only consider business-purpose and other unregulated lending. We do not offer regulated residential mortgage contracts or consumer loans. All finance is subject to status, valuation, legal due diligence, credit approval and satisfactory documentation. Submission of an application does not constitute an offer or guarantee of finance.