Flexible Financing for a High-Value Property Refurbishment

Challenge:

A borrower sought funding to refurbish a property in Greenhithe, Kent, enhancing its value and future market potential. Traditional lenders often impose rigid requirements and lengthy approval processes, making it difficult to secure timely financing for the project.

Solution:

Jemrex Capital provided a £525,000 loan at a 65% Loan-to-Value (LTV), based on a property valuation of £900,000. The 9-month term gave the borrower the flexibility to complete the refurbishment and increase the property’s value. With a quick and hassle-free approval process, the borrower secured the necessary funds without delays

Result:

The borrower successfully carried out the refurbishment, enhancing the property’s marketability and investment potential. Jemrex Capital’s tailored approach allowed them to focus on the project without financial constraints, positioning them for future refinancing or resale at a higher value.