Will your refurb deal actually refinance?
Enter a buy, refurb and refinance deal. In seconds you see what the bridging loan costs, whether a limited-company buy-to-let can pay it off, and what a lender will question before they lend.
The bridge
The refinance exit
What a lender will ask
Get this deal checked by a specialist
We'll check your figures against live bridging and limited-company buy-to-let lenders and arrange both loans together, so your exit is lined up before you buy. No cost to ask.
Illustrative estimates only, not an offer of finance. Bridge: up to 75% of purchase price, or 90% where the price is at least 25% below today's market value; total loan including retained interest and fees capped at 75% of today's value and 70% of value after works; refurb funded 100% in stages, with interest averaged over half the term; 2% arrangement fee; £3,000 legal and valuation costs. Exit: limited-company buy-to-let at 75% of value after works, rent covering 125% of interest at the stress rate, product fee as entered, £1,500 costs. Tax at company / additional-property rates (SDLT in England and Northern Ireland, LBTT with 8% ADS in Scotland, LTT higher rates in Wales). Lender criteria vary. For investment property owned through a limited company only.
How the check works
The bridge
We work out how much a bridging lender will advance on day one, using the purchase price, today's value and the value after works, then add retained interest, fees and your stamp duty.
The exit
We test the refinance the way a limited-company buy-to-let lender does: 75% of the new valuation, with rent covering 125% of the interest at a stress rate.
The red flags
We flag what makes deals fail late: optimistic valuations, rent too low for the mortgage, refinancing inside six months, credit history and first-time projects.
Questions investors ask
What is bridge to let?
You buy and refurbish a property with a short-term bridging loan, then repay it with a long-term buy-to-let mortgage once the work is done and the property is let. Arranging both together means the exit is planned before you commit to the purchase.
Why does the value after works matter so much?
Your refinance is based on the surveyor's valuation once the work is finished. If it comes in lower than you expect, the new mortgage may not be big enough to repay the bridge. The check shows how far the valuation can drop before that happens.
Can I borrow more than 75% of the purchase price?
Sometimes. When a property is bought well below its current market value, some lenders will go to 90% of the price, and a few further on exceptional deals, because they lend against the value rather than the price. The valuer still has to agree the market value.
What is the six-month rule?
Many buy-to-let lenders won't use a new, higher valuation until you've owned the property for around six months. Refinancing sooner can leave you limited to the purchase price, so plan the bridge term with that in mind.
Does this work for homes I'll live in?
No. This check and our service are for investment property bought through a limited company only. We don't arrange regulated mortgages or bridging on your own home.