Stepped Rate (all LTVs): |
|
Initial Rate |
0.65% |
Initial Term |
6 m |
Total Term |
12 m |
Secondary rate |
1.29% |
Exit fee |
1 month's interest |
Flat Rates (from): |
|
80% LTV |
0.94%* |
75% LTV |
0.94% |
70% LTV |
0.89% |
*1 month's interest exit |
Loans types |
Bridging, Light Development & New Bridge-to-Let |
Area covered |
England and Wales |
Security types |
1st charge |
Loan Sizes |
£200k - £10m net |
Loan term |
10-24 months |
Borrower type |
Individual & Corporate |
Borrower residency |
UK and Foreign |
Interest basis |
Retained |
Our turn around |
Sub 10 working days |
Introducer commission |
1-2% (dependent on volume) |