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Fresh Thinking Capital

A rush to finish the renovation | An FTC Case Study


A family owned a converted farmhouse that was a popular holiday let in the summer. The 5-bedroom property was surrounded by eight acres of tender green fields and a picturesque view of the countryside. Appealing to families who wanted a peaceful getaway for the summer set in a rural area. The converted farmhouse was extremely unique, and It was clear why it had so much interest from the holiday let market.

To the family’s misfortune, the ground source heating system for the farmhouse had broken close to the summer period. To make matters worse, if the works on this system were not fixed, the value of the property was likely to drop significantly and affect the owners’ equity in the property and their ability to rent it out.

With the summer season fast approaching, the couple needed to finish the works ASAP if they were to take advantage of the opportunity for substantial yield.

In addition, they also wanted to release some equity from the house for a deposit on another property.

The couple were struggling to find a funding provider, as the property already had three charge holders. When the couple approached the current charge holders, none of them was willing or able to provide the funding needed. Leaving the couple searching for options on how they could release their equity from the property in the time-frame needed.

Where we came in


The couple were introduced to us through a broker and explained their troubles finding finance. Where most funders were put off by the exclusiveness of the property and the three charge holders, we provided a quick solution.

We offered the couple £250k to deal with the second and third charge holders and have the funds to fix/complete the house ready for the season.

Despite the property having three charge holders, we were able to complete the deal within three weeks. From meeting the client, understanding their situation, agreeing terms and sending the funding that was needed.

The result


The short-term funding allowed the couple to release equity they had tied up in the property quickly. Subsequently completing the repair/refurbishment of the farmhouse in the time-frame necessary.

Funding Details

Loan Amount:   £250,000

Term:               12 months

Timing:             Completed in 3 weeks

Security:            Second charge | A debenture | Personal guarantees


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