Refurbishment buy to let combines short-term finance with the security of a long-term exit. The proposition provides a choice of exit, depending on the type of refurbishment work being carried out, helping landlords maximise rental yields and optimise capital value.
So whether they’re fitting a new kitchen, looking to improve the energy efficiency of a property by installing double glazing or refurbishing a property that already has a high EPC rating, Precise Mortgages’ offering really could tick all boxes.
Download our complete guide to refurbishment buy to let >>
Bridging rates from 0.74%
Customers can also choose between serviced or retained interest payments during the refurbishment stage.
Once refurbishment is complete, your customer will exit onto the long-term buy to let product selected based on the improvement works being completed.
Standard refurbishment | Rates from 6.49%
Refurbishment work to make a property habitable such as installing a new kitchen or bathroom.
Energy efficiency refurbishment1 | Rates from 6.29%
Refurbishment which includes some element of energy efficiency such as fitting a new boiler or double glazing.
EPC C+ refurbishment | Rates from 6.09%
Refurbishment of a property already rated EPC C or above, or if awarded a C rating following improvement work.
When you take out refurbishment buy to let with us, you’ll benefit from:
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One expert underwriter providing support every step of the way
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One application which we’ll key for you |
One valuer for both the bridging finance and buy to let exit
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One conveyancer with discounted legal fees |
Two procuration fee payments |
Two offers issued simultaneously
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Download our complete guide to refurbishment buy to let >>
Plus there’s the added peace of mind of knowing that the rate on offer is the rate they’ll get at valuation.
To find out more, speak with your Precise Mortgages business development manager or get in touch with a member of our dedicated underwriting team on 0800 116 4385.
Product information correct 23/08/2023