Client Background
Professional Property Investors Ms. K and Mr. M took on their most ambitious project yet: the complete overhaul of a Victorian property that was in poor condition. When unexpected costs started piling up, they turned to Lendology for a flexible financial solution to see the project through.
The Challenge
Once they started work, Ms. K and Mr. M discovered extensive repairs were needed beyond their original budget. Traditional financing options were limited, so they sought out a funding source that could adapt to their unique renovation needs.
The Solution
Thanks to Lendology’s landlord loan, Ms. K and Mr. M secured the funding they needed to complete the renovation. The work included:
With Lendology’s support, they were able to implement these crucial energy-saving measures, making their newly renovated home both comfortable and energy efficient.
The Impact
The financial help from Lendology was crucial to the success of the project. Ms. K and Mr. M said, “I just don’t know how we would have done this without that money.” The completed property now combines historical charm with modern comfort, creating a welcoming space for local workers from Hinkley Point who will live there.
Advice for Others
For anyone considering similar renovations, Ms. K and Mr. M advise thorough financial planning: “Do your numbers again and again. Whatever you think it will cost, double it.” They also highly recommend Lendology: “Oh, definitely do it. The support is invaluable.”
This success story demonstrates the impact of responsible finance and how Lendology’s commitment to sustainable funding helps homeowners achieve their renovation goals. By providing tailored financial solutions, including landlord loans, Lendology help to transform homes and improve lives in communities across the UK.
Watch the video below to hear Ms. K and Mr. M’s story in their own words.
We recommend that you conduct an independent retrofit assessment to establish whether any works that you may be planning to adapt your property are likely to be suitable for your property and goals.
Representative Example (4% fixed interest rate, Representative 4.2% APR).
Loans are subject to status and are typically protected by a Title Restriction.
Borrow £5,000 over 60 months, £92.08 monthly repayments. Total amount repayable = £5,544.96, including £20 fee for registering the Title Restriction against your property at the Land Registry. The £20.00 fee is only payable if a loan is agreed by Lendology and you decide to proceed with a loan. We do not charge interest on the fee. A Title Restriction means that you may not be able to sell your home without our permission unless the loan is fully repaid. This is a financial promotion approved by Lendology CIC. Missing payments could affect your credit rating and ability to obtain credit in the future.