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Loan is based on the lower of 85% of the purchase price or 70% of the current open market value. Other features include..
- Minimum valuation of £200000.
- Available to first time buyers.
- Available to foreign nationals and expats.
- Available to limited companies, trusts and offshore companies.
- HMO and multi let property accepted.
- No minimum income.
- Rental calculation based on 125% of 6.49% rate
- 2 or 3 year fixed rate of 8.99%
- Option to defer up to 2.5% pa until end of term.
- No limits on maximum portfolio.
- Max loans up to £15 million.
- Remortgages within 6 months up to 70% OMV.
- Arrangement fee 3% can be added in some cases.
- Broker commission 0.5%
Various products, based on current open market value and some with option to pay bridge payments monthly subject to affordability..
- Bridge product.
- Various products, based on current open market value and some with option to pay bridge payments monthly subject to affordability.
- LTV up to 75% of current open market value.
- 70% LTV at highly competitive rate of 1.1% per month.
- 2% arrangement fee.
- Refurbishment bridge, loan up to 70% of market value.
- Plus 70% of costs of works from 1.2% per month.
- Funding to complete started developments available.
- Option to switch to the mortgage product above at 70% of OMV.
- Commission 0.5%
Contact us for more details.
Call or email us with your clients mortgage enquiries on 01708 676135.
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