You should normally:
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Be a property investor with a minimum of two years' experience, with a portfolio of at least four properties for this period; and
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Have at least two years' experience of property refurbishment, on a minimum of two properties in England, Scotland or Wales.
Our refurbishment loans are also available to owner-occupier businesses looking to refresh their own property, subject to suitable experience.
The ideal finance package for investment properties. Our mortgages for property finance combine the property purchase and refurbishment into one simple loan at the start of the project:
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One lending partner throughout
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Start your refurbishment quicker with a fast decision
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One specialist team supporting your project end-to-end
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No fee to convert to your term loan (fees apply if you decide to move lenders or sell)
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Smooth transition into the term phase, with less paperwork
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Ideal for HMOs
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Interest only and roll up options available.
Next steps
From flats and houses to retail, service centres, offices, manufacturing sites, warehouses and distribution centres - as well as mixed-use properties - Redwood Bank will consider your application if you meet our criteria (see above).
We assess each mortgage application individually with common sense, speed and an appreciation of the ambitions of your business in mind.
Property secured on the loan may be repossessed if repayments are not maintained.