Lendhub launches 85% LTV refurbishment loan

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lendhub

Lendhub has introduced an 85% refurbishment facility, a week after revealing their new brand identity.

The market-leading product is catered to light refurbishment projects where borrowers self-fund the works.

The new product, titled ‘85% Refurbishment’ offers facilities between £350,000 and £1.5m up to 85% LTV.

With the added benefit of no monitoring, costs are kept to a minimum for borrowers.

Lendhub’s existing Light, Medium, and Heavy Refurbishment products, where Lendhub funds the works, also offer up to 85% LTV, inclusive of interest.

Christopher Adamou, Managing Director, Lendhub, said:

“These are exciting times for Lendhub. We are always striving to exceed our clients’ expectations and think ahead.

I’m proud to introduce this new product to the market and further assist our clients in maximising their gains.

Our goal was to re-engineer our process to ensure a smooth borrowing experience for our clients. The borrower’s journey is often disjointed and painful.

Lendhub is now the go-to place for quick and reliable funds, without the hassle.

Asim Shirwani, Chief Commercial Officer, Lendhub added:

“This is an exciting time for Lendhub. We’ve seen rapid growth over the past two years despite the difficult times our industry has faced.

Alongside our enhanced digital presence, we continue to be devoted to providing the best possible experience and expertise to our customers.

Our team remains as approachable as ever, and we look forward to what 2022 has to bring.”