Property Improvement Loans


United Trust Bank’s market-leading refurbishment lending offers experienced property professionals a choice of competitive loan options for financing a variety of projects from straightforward refurbishments to complex extensions and conversions. Borrowers can choose to fund the property acquisition costs and/or the cost of works.

The right tools for the job

  • Borrowers can draw an initial advance of up to 70% of current market value
  • Interest is not deducted from the initial advance
  • Interest and 100% of works costs are rolled up into the facility up to a maximum facility of 70% of Gross Development Value (GDV)
  • Additional security can be provided to maximise available funding
  • Term of up to 18 months
  • Maximum works costs of £500,000 or 50% of initial market value, whichever is lower
  • Interest charged at 0.75% per month

Suitable for:

Extensions • Conversions • Planning permission • Permitted development • Heavy refurbishments • Structural works

Please contact the Bridging Finance team on 020 3862 1002 to discuss suitable applications for property improvement loans or any other requirement for short term secured finance.