Finance Options

Summit Architecture is pleased to offer financing solutions for our clients, for both residential and commercial property works. If you are looking to raise short or longer term property finance in the UK, we can help. We serve London and surrounding areas.

Our finance service can include :

  • Making your property transaction happen
  • Accessing some of the best rates in the market
  • Help get you fast bridging finance, if you need to move quickly
  • Replacing high-interest bridging finance with more affordable long-term finance solutions
  • Excellent customer service

Solutions For Your Scenario

There are a variety of scenarios where you may require funding for an investment property.
Light Refurbishment Loans

Bridging finance is often required for properties where no planning permission or building regulation compliance is required, or where there is no change to the overall use or nature of the premises.

  • Uninhabitable property – where standard mortgage companies will not lend on a property that is uninhabitable. A bridge loan can be a good way of providing the light refurbishment required to allow long-term finance to be put in place.
  • Under “Permitted Development Rules” – light refurb or renovation short-term finance can provide the funding required to allow a change of use (e.g. offices into residential flats)
  • Wind and watertight – can provide finance that allows properties that are “wind and watertight” to be taken through to completion
  • Internal redecoration – funding for internal refurbishment to finance redecoration, fitting a new kitchen or bathroom, etc.

Being able to move quickly often makes all the difference in securing a property. Call our finance team to discuss a bridging loan or any other solution you might need.

Heavy Refurbishment Loans

Likewise, bridging loan finance is often required for properties where planning and or building regulation compliance is required, or where there is a change of use in the nature of the building premises.

  • Basement excavations/digs – work of this nature often has structural implications but can add significant value to a property
  • Loft conversions – many developers are converting loft space into extra living space to get more value out of their property
  • Property extensions – a simple way to add value
  • Single unit to multi-unit conversions – conversion to flats or HMO
  • Multi-unit to single unit – varies widely, depending on the property
  • Barn conversions – bespoke deals for unusual properties
  • Commercial to residential use – a growing area for developers, particularly converting light commercial property over to homes and flats
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Business Bridging Loans

Where a property or land is being purchased for business purposes and speed is of the essence. A lender may be happy to either lend on the asset in question or on the strength of the business balance sheet.

  • Acquisition of a building or land where speed of funding can make all the difference – for example, a farming business might have a short-term opportunity to buy additional land due to a distressed sale
  • VAT funding
  • Short-term trading funding
Second Charge Bridging

A second charge bridge loan could be on a regulated or unregulated basis. These loans are common where the property has an existing mortgage (first charge), and capital needs to be raised for:

  • Home improvements – extensions, loft conversions, etc
  • Deposit for second property purchase – investment property, buy to let, etc
  • Business purposes – funding new business properties
  • Tax payments – Inland Revenue bill for CGT, etc
  • Purchasing land or development – financing to add additional property onto an existing plot

Get in touch!

Book in for a casual, no obligation chat with one of our consultants who can talk you through each process of your project and how best Summit can help.

Get in touch!

Book in for a casual, no obligation chat with one of our consultants who can talk you through each process of your project and how best Summit can help.

Overview of Services

The Summit scope of services you will need to complete your project

Our Reviews

What you can expect when working with our dedicated team.
Max Bowen
Max Bowen
Worked with the team at Summit for a single story back extension. They worked quickly and kept us up to date throughout the process. These guys are great and we would highly recommend them!
Rehan R
Rehan R
While exploring the idea of a sunroom, my friends offered a few names of companies in London that are reputed for such jobs. After talking to a few, I came across Summit and contacted them. I don't remember whom I spoke to, but the person understood what I was looking for and explained everything to me in very simple terms. I liked their professionalism and in the manner they responded to my queries. I hope to get Summit's services and would recommend the same to others.
Sophie Richards
Sophie Richards
The Service I received working with Summit Architecture was unmatched, they were fast and efficient and knew exactly what they were doing which left me at ease throughout it all. Highly recommend and to work with them again soon!
Kieran Matthews
Kieran Matthews
Great working with Eleni & the team. Really pleased with the drawing designs and the advice offered regarding the local authority planning permission. Looking forward to the rest of the process and hopefully starting the build soon!
Shirley Bridges
Shirley Bridges
I have had an amazing experience with Summit Architecture. They have been attentive from beginning to end and I am so pleased with my new extension. Great team, I’d definitely use them again.
Sarah Thomas
Sarah Thomas
After looking for someone to do our kitchen extension plans, we found Summit by using Google and found they had good reviews, similar to what we were after. After our initial call with Oliver, we had a site visit, then decided to go with them as they were just right for our budget. At all stages throughout the process, we didn't have any issues. We just needed them to get us to planning, but in the end decided to go for the Building Regulations + Structural package too. Looking to build in April, can't wait!
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Start Your Dream Project Today!

Book in for a casual, no obligation chat with one of our consultants who can talk you through each process of your project and how best Summit can help.