The most significant uplifts in property value often come not from refurbishment, but from “Change of Use.” Whether it’s repurposing a redundant office block into modern apartments or splitting a single family home into self-contained flats, conversions are a powerful strategy for growing property value.
At Silver Oak Capital, we specialise in conversion finance, bridging the gap with funding solutions that support the unique planning, construction, and title-splitting requirements of these projects.
Landlords looking to squeeze better yields from their existing portfolio often convert large, low-yielding houses into high-yielding flats or HMOs. They need finance that covers 100% of the build costs and allows them to refinance quickly onto long-term debt once the new titles are registered.
Lenders will base their loan offer on what the property will be worth once converted. This allows for higher leverage. Typically, you can borrow up to 65-70% of the GDV, which often covers a portion of the purchase price and most, if not all, of the construction costs.
