What are our terms?
- Interest Rates from 1.25% per month on an Interest Only basis
- A facility fee of 2.5% with a minimum of £2500
- 3 Months’ interest on redemption
- Min/Maximum Loan size – £25,000-£500,000 – but will consider loans of up to £1m
- We lend up to 65% of the 90 day value
- No repayment deadline or early redemption penalties, open ended with no term
- We inspect all property offered at a standard fee of £500 – which is in addition to and separate from the normal valuation fee payable
What we can accept as security
- Guest Houses
- Retail Shops and those with flats over
- Golf Courses
- Farms and Bare Land
- Houses in multiple occupation
- Buy to lets
The above are just examples and the list is not exhaustive – call us and discuss.