Lending Criteria

We consider each case on its own merits. As a general guide, we lend according to the following criteria:

Property TypeResidential, Commercial and Mixed-use
Type of ChargeFirst and second charges
BorrowerCorporates and individuals, investment non owner/family occupied (including offshore structures and non-UK residents)
Max. LTV75%
Max. Loan TermUp to 15 months
Loan Size£150,000 to £25,000,000
Interest RateFrom 0.93%
Interest PaymentRetained(subject to LTV)
ConditionFinished, light or heavy refurbishment and small-scale development
LocationEngland and Wales
Credit HistoryImperfect credit history acceptable (subject to underwriter’s approval)
PurposeUnregulated loans for business purposes, including acquisition, auction finance, capital raising, refinance, developer exit

If parts of your case do not meet these criteria, this will not automatically result in an application being rejected. Please give us a call to discuss your case in more detail. Alternatively, download our product guide, to find out more.