Precise complete £2.5m property refurbishment deal in 5 days

by Aaron Strutt

Sep 13 2025

At Trinity Financial, we specialise in helping clients secure complex property finance — fast. A recent case study from Precise Mortgages demonstrates exactly what’s possible when borrowers require a fast bridging loan. Precise offered a £2.5 million refurbishment loan from offer to completion in just five days.

The Challenge

The client needed short-term finance to fund a major property refurbishment on a home purchased four years earlier. The project required:

• Five staged drawdowns to manage build cashflow

• A seven-month refurbishment timeline

• Approval for a multi-million-pound loan

• A clearly defined exit strategy through residential refinance

The Result

Precise Mortgages completed the deal in just five working days — moving from formal offer to completion with all underwriting, valuation, and legal checks in place.

• Loan amount: £2.5 million net (£2.72 million gross)

• Loan-to-value: 30.95% overall

• Exit route: residential refinance after completion of works

For a project of this size and complexity, the turnaround time was exceptional.

What Made It Possible

Several key factors made the five-day completion achievable:

1. Streamlined Underwriting

Precise’s credit and underwriting teams acted decisively, ensuring all required documentation and approvals were processed without delay.

2. Flexible Staged Funding

The five drawdown structure matched the build schedule, supporting cashflow and reducing financial strain on the developer.

3. Defined Exit Strategy

A clear, credible exit via residential refinance reassured the lender and allowed for swift sign-off.

4. How did it happen so quickly?

Preparation and communication ensured that every requirement — from valuation to legal documentation — was ready in advance.

Why It Matters

For brokers, developers, and property investors, this case shows that speed and flexibility are achievable, even on high-value refurbishment loans.

Many lenders struggle to move quickly on complex cases, but this example proves that the right partnership — between client, broker, and lender — can overcome typical obstacles.

How Trinity Financial Can Help

At Trinity Financial, we regularly arrange bridging and refurbishment finance with some of the UK’s most responsive lenders. Our expert advisers can:

• Source lenders who can offer terms in days, not weeks

• Structure staged drawdowns that align with your build schedule

• Manage valuations, legals, and underwriting efficiently

• Ensure a robust exit strategy is in place before completion

Whether you’re refurbishing a high-value property or funding to development a property, we’ll help you access tailored finance solutions quickly and with confidence.

Call Trinity Financial on 020 7016 0790 to secure a bridging loan or book a consultation

The information contained within was correct at the time of publication but is subject to change.

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