Case Studies

Looking at the bigger picture to help fund renovations

We’ve worked with Plymouth-based property experts to provide a structured loan to renovate rental properties.

The company, which has been in business since 1994, owns 13 properties and provides a mixture of short-term, long-term and holiday lets.

Several apartments that the company owns needed modernising, including fitting new kitchens and bathrooms. 

The owner planned to pay for the work by selling another property and needed funding to cover costs in the meantime.

They approached their mortgage company to borrow the money. 

However, they failed an affordability test because the lender could only take the rental income of the apartments as security.

The property investor then turned to Reparo for a solution. 


We Took a Broader Viewer

As an alternative lender, we can be more flexible than the mortgage company. 

We were able to consider income from across the company’s portfolio. We could see that the property investor could service the loan.

Two other factors also meant that we were happy to lend to the client:

  • We knew that the client would be able to repay the loan using funds from the property sale.
  • They also ran a separate architectural business. Income from this company could also be used to service the loan. 

We provided a £75,000 interest-only Structured Loan over 12 months. We secured the loan by taking out a second charge over one of the company’s holiday lets. 


Reparo Goes the Extra Mile

Our flexible approach was key to helping this client get the funding they needed on time and with minimum fuss. 

We’re able to consider a wider range of factors than other lenders and we always try to find ways to make deals work.

But we also go the extra mile when it comes to customer service—sometimes literally. 

When this deal was approved, one of our team took the long journey from Manchester to Plymouth to perform a site visit. This allowed us to pay out the loan quicker.

If you need fast access to short-term working capital, get in touch.

We offer two products:

  • Cashflow Loans from £10k to £75k: perfect in a cash flow emergency.
  • Structured Loans from £75k to £1m: highly flexible solutions.

Email the team at, or call us on 0161 451 5710.

Email the team at, or call us on 0161 451 5710