Property Refurbishment Finance | Bridging & Refurbishment Mortgages
Funding options for commercial refurbishments
Property refurbishment finance helps you fund improvements, conversions or upgrades to commercial property — whether you’re adding value, preparing for refinance or repositioning an asset. There isn’t one named product; it’s a term that covers short-term bridging, development or refinance solutions tailored to your project.
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Property refurbishment finance can help you purchase, improve and add value to a commercial property before refinancing, leasing or selling — across shops, offices, mixed-use buildings, warehouse space and more.
Want to discuss your project and financing options?
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📞 Call us on 01202 985214 or request a free call-back — we’ll help you consider the right solutions.
Typical uses for refurbishment finance
Upgrading older commercial units or offices
Converting buildings into mixed-use (e.g. shop with flats above)
Increasing property value before refinance or sale
Renovating hospitality or leisure venues
Modernising industrial or warehouse spaces
How refurbishment finance works
Refurbishment finance works differently depending on the scale of your project. Broadly:
Light refurbishment: covers improvements that don’t require major structural work or planning permission (e.g. refitting a shop, upgrading interiors).
Heavy refurbishment: for projects involving significant structural changes, extensions or conversions.
Bridging finance: short-term funding (typically 6–18 months) to purchase and refurbish before refinancing onto a long-term mortgage.
Refinance after works: once improvements are complete, you can switch to a standard commercial mortgage to reduce costs.
Not sure which option fits your project?
Call 01202 985214 for a no-obligation tailored advice, or request a free call-back:
What lenders look for
When lenders assess refurbishment finance, they generally look for:
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Experience — previous project or property experience helps lenders understand your skills and credibility.
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Project plan and costings — a clear schedule and budget gives confidence in execution.
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Exit strategy — how you intend to repay the finance (sale or refinance).
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Property type & location — well-located commercial units are typically more attractive to lenders.
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Loan-to-Value (LTV): often up to 70–75% of purchase price or completed value (GDV), subject to lender criteria.
We’ll review your project and help you approach the right lenders before you start the application.
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Bridging vs long-term commercial mortgages
Many refurbishment projects begin with bridging finance, especially when the property doesn’t immediately qualify for traditional long-term commercial mortgages (e.g. unlettable or requiring works).
Once the refurbishment is complete and the property is ready for income or occupancy, it can often be refinanced onto a standard commercial mortgage with lower ongoing costs.
Why work with Bournemouth Mortgages?
✅ Access to both bridging lenders and long-term commercial mortgage providers
✅ Expertise in structuring deals with clear exit routes
✅ Local market insight across Bournemouth, Poole, Christchurch & Dorset
✅ End-to-end guidance — from short-term funding to refinance
Ready to fund your refurbishment project?
📞Call us on 01202 985214 or request a free call-back.
We’ll help you compare bridging and long-term finance options suitable for your project.
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