Buy-to-Let refurbishment with a sitting tenant

Hero Curve

Loan: Buy-to-Let mortgage

Amount: £63,241







Rate: 6.99%


Our client wanted to purchase a property requiring refurbishment - with an existing, sitting tenant. Refurbishment began on the property before ownership had been transferred thereby placing the risk with our client (no guarantees that the vendor wouldn't change his mind and pull out of the deal).

The sitting tenant needed to be rehoused during the works. This scenario - renovation before exchange and a sitting tenant - would have precluded most high street lenders. Despite these factors, our client still wanted a competitive rate on his loan.


  • We brokered a deal which provided a higher LTV, with an extended offer with no additional fees
  • Kept the client informed in every step of the process
  • We also had regular communications with the vendor's solicitors to ensure the exchange process was on track


The client was able to refurbish the property and temporarily rehouse the tenant

Find out more about Buy-to-Let mortgages