We consider each case on its own merits. As a general guide, we lend according to the following criteria:
| Details | Criteria |
|---|---|
| Property Type | Residential, Commercial and Mixed-use |
| Type of Charge | First and second charges |
| Borrower | Corporates and individuals, investment non owner/family occupied (including offshore structures and non-UK residents) |
| Max. LTV | 75% |
| Max. Loan Term | Up to 15 months |
| Loan Size | £150,000 to £25,000,000 |
| Interest Rate | From 0.93% |
| Interest Payment | Retained(subject to LTV) |
| Condition | Finished, light or heavy refurbishment and small-scale development |
| Location | England and Wales |
| Credit History | Imperfect credit history acceptable (subject to underwriter’s approval) |
| Purpose | Unregulated 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.