Refurbishment & Conversion Loan

The Refurbishment & Conversion Bridging Loan is available to buyers as well as existing owners, from light refurbishment to heavy renovation and conversion. Typically, our clients will be adding value as works progress and, whilst our lending is based initially upon current open market value, further draw-downs can be made available if required.

At outset Paxton Private Finance can lend, net of all fees and interest charges over an initial maximum term of 6 months, up to 75% (85% Gross) of the current open market value. The term may be extended or renewed subject to refurbishment progress. After the first month, interest is charged on a daily basis. Typically, no exit fee is charged. The maximum loan for this product is £2,000,000. Loans outside the normal parameters will also be considered case-by-case.

Product Headlines

Loan-to-Value: Up to 85% gross of current open market value
Loan Size: Minimum loan size £50,000; maximum loan size £2,000,000
Interest Rate: From 1.00% per month
Charges: 1% arrangement fee, typically no exit charge
Loan Term: Minimum loan term of 1 month, maximum term 6 months (may be extended)
Borrower: Individuals and UK companies only
Security: 1st and 2nd legal charge, plus Directors guarantees
Location: London and the Home Counties

No Upfront Fees, Non-Status, No Accounts Required, Freehold/Leasehold, Semi‐Commercial Considered, Auction Purchase, Competitive Valuation & Lenders Legal Costs, Interest & Charges Deducted From Loan Proceeds.

For further information please contact our underwriting team on 0203 159 5392 or email This email address is being protected from spambots. You need JavaScript enabled to view it.

Alternatively, please submit your lending enquiry by clicking the button below.

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