What is the maximum amount of loan I can apply for?

The maximum amount loan you can apply for is £25,000 per property or unit, up to a total maximum of £175,000. E.G. if you are applying for a loan to convert one building into four units the maximum loan you can apply for is £100,000. If you were applying for a loan to convert a property into ten units the maximum amount of loan would be £175,000. The actual amount of loan that will be approved will be dependent on the actual cost of the works, e.g. if the works are calculated to cost £10,000 this is the most the loan will be approved for.