
Loan Terms
What are our terms?
Interest Rates from 1% 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 – £30,000-£2,000,000 – but will consider higher
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
Hotels
Guest Houses
Retail Shops and those with flats over
Golf Courses
Farms and Bare Land
Houses in multiple occupation
Harbours
Pubs
Restaurants
Industrial
Cafes/Takeways
B&Bs
Buy to lets
The above are just examples and the list is not exhaustive.