HMO Conversions, Refurb Finance and the Bridge to Term Play | Let's Chat Property Ep. 29

Refurb finance, bridging and buy-to-let covered in one conversation. Lend Invest breaks down their Refurb GDV product, 75% day one, 90% loan to cost, 48-hour drawdowns managed in-house. We cover HMO conversions, planning requirements, experience criteria and the full bridge-to-refurb-to-term transition. If your clients are stretching capital on refurb projects, this one is worth 10 minutes of your time. 0:00 – Introduction: Meet Michael from Lend Invest 0:23 – What Lend Invest Does: Bridging, Development, BTL 1:04 – Introducing the Refurb GDV Product 1:23 – Why Refurb GDV? Client Needs & Stretching Capital 1:58 – Key Terms: 75% Day One, 90% Loan-to-Cost, 18-Month Term 2:30 – How Drawdowns Work: Up to Three Tranches 2:52 – In-House QS & Deal Assessment (Thomas Scrooby) 3:38 – Why Speed Matters: Drawdown Turnaround Times 3:58 – 48-Hour Drawdown from Inspection 4:20 – Payments Straight to Client (Not via Solicitors) 4:24 – What Client / Contractor Experience Do You Need? 4:54 – Light on Experience but Want Natural Progression 5:33 – HMOs & Rising Build Costs in the Current Climate 6:01 – Ideal Use Case: 3-Bed House to HMO Conversion 6:06 – Planning Requirements: PD vs Full Planning 6:30 – Using a Bridge First, Then Moving to Refurb 6:40 – Bridge to Term & Refurb to Term Explained 6:54 – Using Market Value & Proven Works for the Term Loan 7:19 – Client Equity, Costs of Works & Rising Property Prices 7:51 – Full Journey: Bridge → Refurb → Term with One Lender 8:04 – Cost Savings: Discounted Fees, Legals & Valuation 8:31 – Reduced Costs When Staying with Lend Invest 8:42 – Faster, “Seamless” Transition Using Existing History 8:51 – Broker Tip: How to Package Cases Properly 9:30 – Importance of Realistic Schedules of Works & Costs 9:56 – Avoiding Delays: Give Valuer Everything Upfront 10:09 – Wrap-Up, Contact Details & Future Podcasts 🥇 Bespoke Approach 🏠 BTL Finance 🏢 Commercial Finance 🌉 Bridging Finance 👨‍👨‍👧‍👧 HMO Finance www.cpcfinance.com