One of the attractions of short-term finance has traditionally been its ability to fund works quickly. However, those arrangements often rely on a future refinance to provide the exit strategy. While that approach works successfully for many projects, it can introduce additional costs and an extra layer of complexity. With CHL Mortgages' refurbishment buyto-let products, funds for the agreed refurbishment works are retained at completion and released once those works have been undertaken and verified. This creates a transparent structure that supports the project from start to finish without requiring a subsequent remortgage to access a long-term lending solution. For landlords, that can mean greater confidence over funding arrangements, improved cost certainty and fewer moving parts throughout the life of the project. For brokers, the proposition adds another valuable option to the product toolkit. Every client scenario is different, and refurbishment requirements can vary considerably from one property to the next. While major projects may still require specialist finance solutions, there remains a significant segment of landlords whose ambitions are more straightforward. They’re not creating new units, undertaking substantial structural alterations or managing large-scale developments. They’re improving properties to increase rental appeal and long-term value. Having a solution specifically designed for that type of borrower allows brokers to address an important area of market demand while potentially reducing the complexity involved in delivering an outcome for their clients. By combining acquisition or remortgage funding with support for light refurbishment works, CHL Mortgages has created a proposition that aligns more closely with that objective. The result is a simpler path from purchase to completion, reducing unnecessary complexity while maintaining the flexibility landlords need to enhance their investments. No need to bridge. No need to switch. Just a clearer route from opportunity to incomegenerating asset. Lender Partner Article 14
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