The deal that then followed was a 50% loan to value purchase, meaning that my client had to put down £500k as a deposit in order to buy the property. The lender then funded a further £500k which would be used to fund the works. This particular product had the benefit of no early repayment charges meaning that once the property was completed he would then be free to remortgage onto a normal high street product. This deal was only possible as I was able to speak directly with underwriters who were able to take a sensible view as opposed to the computer simply saying no. My client is currently 6 months into his build.