If you’re a first-time property investor, a new property developer, or a homebuyer tackling your first major refurbishment, you might already be discovering how hard it is to find fast, flexible funding to get your project off the ground.
Traditional mortgage lenders don’t typically support properties in need of significant work — especially if they’re uninhabitable, lack a working kitchen or bathroom, or require structural improvements. That’s where bridging finance comes in.
At Sunrise Commercial Finance, we’re specialist property finance brokers with years of experience helping investors, developers, and buyers secure the right bridging loan for major property refurbishments — even if it’s your first project.
What Is a Bridging Loan?
A bridging loan is a short-term, interest-only loan designed to “bridge the gap” between your current situation and a longer-term financing solution or sale. It’s ideal for property refurbishment because:
- You can borrow against the current value of the property (or even the end value in some cases)
- Funds are released quickly — often within 7–14 days
- No monthly repayments during the term (interest can be rolled up)
This makes bridging finance the go-to choice for buyers who need to move fast, secure a deal, and fund major renovations.
When Should You Use a Bridging Loan?
Bridging loans work best in situations like:
- Buying a property that needs heavy refurbishment
- Purchasing a property at auction with a 28-day completion deadline
- Renovating before refinancing or selling
- Converting a commercial building into residential use
- Bridging between property purchases (e.g. before a sale completes)
Why Bridging Finance Is Ideal for Large Renovations
If you’re planning to:
- Replace a roof
- Rewire and replumb a property
- Add an extension or loft conversion
- Completely gut and refit a house
…then a bridging loan for large refurbishments is often your most viable route. These projects are typically too complex for standard buy-to-let or residential lenders.
With a bridging loan, you can fund the purchase and the renovation work — sometimes even borrowing based on the post-renovation value (known as the Gross Development Value, or GDV).
How Much Can You Borrow?
We work with specialist lenders who offer:
- Loan amounts from £50,000 to £10 million+
- Up to 75% Loan to Value (LTV) based on purchase price or open market value
- Up to 100% of the refurbishment cost (if supported by equity or GDV)
- Terms from 3 to 18 months
- Interest roll-up options – no payments until the end of the term
Can First-Time Buyers or Developers Apply?
Yes — and we help first-time developers and buyers secure funding all the time.
Even if you have:
- No prior experience
- Limited cash
- A complex deal structure
…our role as your broker is to package the deal professionally and present it to the right lenders. We’ll help you build your case, estimate costs, and support you from application to drawdown.
What You’ll Need to Get Started
Here’s what we typically need to secure a bridging loan for a refurbishment:
- Purchase details or offer letter
- Exit strategy (e.g. refinance or sale plan)
- Schedule of works – outline of the refurbishment
- Build cost estimates or contractor quotes
- Asset and liability statement
- Proof of funds or deposit
- Property details, valuation, and photos
We’ll take care of lender introductions, negotiate the terms, and manage the process from start to finish.
What’s the Exit Strategy?
Every bridging lender wants to know how you’ll repay the loan. This could be through:
- Selling the property post-renovation
- Refinancing onto a buy-to-let or commercial mortgage
- Selling another asset or property
We’ll help ensure your exit strategy is solid and realistic — which is key to getting approved.
Why Work With Sunrise Commercial Finance?
We’re not just any broker. At Sunrise Commercial Finance, we:
- Specialise in bridging finance for major property renovations
- Have access to a wide panel of flexible lenders
- Support first-time developers and investors
- Know how to structure deals that get approved
- Move fast to help you complete within days — not weeks
Ready to Start Your Project?
Whether you’re planning a large renovation, buying at auction, or just need fast, flexible funding, we’re here to help you make it happen.
👉 Visit www.sunrisecommercial.co.uk to speak with a property finance expert and take the first step toward funding your renovation.
📞 Call us at 07939 091418
📧 Email: john@sunrisecommercial.co.uk
🌐 Visit: https://www.sunrisecommercial.co.uk/
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