Heavy Refurbishment Finance

Heavy refurbishment finance covers major structural works, change of use conversions (e.g. office to residential, pub to flats) and projects requiring full planning permission. We arrange finance with staged drawdowns monitored by a quantity surveyor.

What Counts as Heavy Refurbishment?

• Change of use conversions (permitted development or full planning)
• Major structural alterations — removing walls, new floors, extensions
• Full strip-back and rebuild of interior
• Works requiring building regulations sign-off
• Projects where planning permission is required
• Projects with a total cost exceeding 50% of purchase price

How It Works

Heavy refurbishment finance is structured similarly to development finance. You receive an initial tranche for the purchase, then staged drawdowns as works progress, verified by the lender's monitoring surveyor. Interest is typically rolled up.