Get Refurbishment Loan Offers Online

We believe in complete transparency so that you always know what to expect when arranging your development finance through iBrokr.
 
Lender Fees and Charges 
Each lender structures their costs differently, but most development finance deals include: 
Interest rate: Typically expressed as an annual margin above Bank of England base rate. Rates vary depending on loan size, project type, and your experience. 
Arrangement fee: A fee charged by the lender at completion, usually 1–2% of the loan amount. 
Exit fee: Some lenders charge an additional 1–2% when the loan is repaid. 
You’ll see both rates and fees clearly displayed in our rate comparison table, so you can compare total costs side by side to get an idea of the likely costs.
  
Professional and Third-Party Fees 
Several standard costs apply as part of the due diligence process before drawdown: 
Valuation fee: Paid to an independent surveyor to confirm the site value and projected GDV. 
Quantity Surveyor (QS) fee: Covers the assessment of your build costs and monitoring during the project. 
Solicitor fees: Payable for both you and the lender for legal due diligence and loan documentation. 
Monitoring fees: Some lenders charge small admin or monitoring fees during the term, which will always be disclosed upfront.
 
iBrokr Fees 
We may receive a commission from the lender, which varies between lenders. 
We may also charge a £495 fee, payable only when fully apply to a lender through iBrokr, ensuring you only pay when we’ve delivered value. 
At iBrokr, transparency comes first. You’ll always see the full picture before committing; no hidden charges, and no surprises.

To get accurate, tailored offers from lenders, we’ll ask for some key information about your project, funding needs, and background. 

First, you’ll outline your loan requirements and property details including the amount you’re looking to borrow, the loan term, and how interest will be treated. Lenders also need a clear picture of the property itself, including its location, type, current value, and estimated Gross Development Value. 

Next, we’ll ask for your development details. This covers your projected costs, build schedule, and exit strategy, along with details about planning and your professional team. These insights help lenders assess the project’s viability and risk profile. 

Finally, we’ll gather borrower and asset information so lenders can understand who’s behind the project. This includes whether you’re applying personally or through a company, your experience, and a brief overview of your financial position. 

Once you’ve completed these steps, iBrokr instantly connects your application with suitable lenders and presents bespoke offers based on your project profile giving you clarity and control at every stage.

With iBrokr, you can view real development finance rates almost instantly. Once you’ve entered a few key details, you’ll see market options within seconds giving you a clear sense of what’s available before you even apply.
 
Completing a project-specific application in 15 minutes, and once submitted, you can expect to receive bespoke lender offers within a few hours. Our system connects you directly with lenders who are active in your space, meaning decisions and indicative terms often arrive the same day.
 
In the wider market, development finance typically takes around 6 weeks from initial enquiry to completion, depending on valuation, legals, and due diligence. However, with a well-prepared application, organised documentation, and responsive professionals, funding can move much faster; sometimes in as little as 7–10 days for straightforward or time-sensitive cases that have been well organised.  

iBrokr is built to streamline every step of the application journey, saving time, cutting friction, and helping you move from enquiry to drawdown with confidence and clarity.