Property refurbishment is the chance to change and improve a property that you already own or a property that you are thinking of purchasing. This can be extending the property to a larger footprint, changing the purpose of the building, or refreshing an outdated look.

Refurbishment is a necessary part of property development, especially for buy-to-let portfolios and developers who own many buildings and properties. The practice is widespread throughout the UK, and is an environmentally friendly and sustainable way of developing something new.

When you choose to refurbish a property, it is paramount that you manage costs and direct your expenditure towards improving the income and capital value of the property.

The Process of Property Refurbishment

When refurbishing a property, you must carefully consider the costs of maintenance and renovation. The best way to do this is to plan thoroughly, from securing the property (if you are starting with a new one) through to completion of the refurbishment project.

Creating a stringent budget and understanding how much money you will require from the beginning is crucial. You will need to factor in various different costs, including the following:

  • Professional fees (such as those relating to architects, engineers and solicitors)
  • Construction costs (including materials and labour)
  • Renovation costs (this includes the removal of the old – including appliances – and the substitution of the new – for example, the kitchen and bathrooms)

What Types of Properties Can Be Refurbished?

Our past customers have used property refurbishment finance for a large number of properties, including but not limited to the following:

Funding Your Property Refurbishment

When financing your refurbishment with a development loan, you can borrow between £10,000 and £2 million. Our highly skilled and experienced team understand each part of the refurbishment process and can work with you throughout the project to achieve your dream result.

If you have an image of how a property you own should look but are struggling to envisage how you are going to achieve it financially, we can help. For more information about what we can offer you, take a look at our products and costs.

If you have any questions or queries, contact a member of our Manchester-based team. You can call us on 08000 44 84 84 or email us directly at

Some loans may be regulated by the Financial Conduct Authority (FCA). If your loan is regulated, we can deal with your application. It must be submitted through an FCA-regulated intermediary.