If your client wants to raise capital for a light refurbishment on their buy to let property, then here is an innovative new solution: Flex Refurb to Let.
This can be used to help add some value to the buy to let property or increase the rental yield.
There are no monthly payments. Instead, at redemption clients will repay the initial loan plus all rolled-up interest calculated using the applicable fixed rate.
Key Details:
- Fixed rate of interest is rolled up to redemption – rates from 6.59%
- 12 month term
- No ERCs
- Borrow up to 70% LTV with Castle Trust – with the ability to top up an existing buy to let loan to 79% LTV
- The finance must be for any refurbishment that DOES NOT require any planning permission or building regulations and where there is no change to the use and purpose of the premises.
Download a product guide or visit our website
To discuss a case, call 0845 241 0252.
