arrowdown

Refurbishments

Barn Conversion / Refurbishments

Up to 70% Loan to Value

A loan to buy and convert or refurbish a property into residential use.

Criteria Summary

  • Loan size £150k to £1.5m
  • Previous experience or build contract required.
  • Planning permission in place if applicable.
  • Structural Survey
  • 10 Year Structural Warranty if applicable.
  • Loan term 3 - 18 months
  • Loan secured by first legal charge

Indicative Rates

  • Interest from 1% per month
  • Arrangement fee from 2%
  • No Exit Fee

General Loan Requirements

  • Our rates are dependent on the risk profile of the proposal including the LTV and the borrower's level of experience.
  • All borrowers are met and sites visited by an AEF representative.
  • Loans offered in England, Scotland and Wales.
  • The loan can be serviced or interest rolled up.
  • Our legal, valuation and monitoring surveyor professional fees are to be paid by the borrower.
  • AEF will consider refunding the professional fees, adding them to the Loan Facility.

AEF are not regulated by the Financial Conduct Authority and provides unregulated lending only.

Ready to fund your next project?

back to top