Second Charge Mortgages
- No credit score required & unsecured arrears ignored (arrears must be cleared before completion). Up to 75% LTV (Employed) & 65% LTV (Self-Employed). Rates from 3.85%
- 100% of overtime & 50% of commission income can be used – if paid monthly and a track record can be evidenced through previous years P60.
- No security checks required – can now complete electronic customer verification using facial recognition technology. COVID-19 proof!
Bridging & Development Finance
- Short term lending solutions available on either a 1st charge or 2nd charge basis.
- Heavy refurbishment bridging. Up to 100% of refurb costs available, subject to a maximum of 65% LTGDV. Works are funded in staged arrears. Rates from 0.89%.
- Developer exits up to 65% LTV with no upper loan limits. Rates available from 0.48%.
- Valuation re-types considered (case by case) where a desktop valuation is not acceptable.
Commercial Mortgages & Business Cash-flow solutions
- Coronavirus Business Interruption Loans. Available up to £250,000 to manage the financial impact of Covid-19. Nothing to pay for 12 months, providing an opportunity to help more clients, the SME market and the UK economy.
- Semi-Commercial Mortgages up to 70% LTV. Rates available from 4% + base rate.
*Please be aware! Interest rates and Loan to Values may vary dependant on case specifics.
FOR INTERMEDIARIES ONLY. NOT INTENDED FOR PUBLIC OR CONSUMER USE
