New simpler refurb range.
What's New
New lower rates on our most popular products
Star product: 5-year fixed Tier 2 adverse
Our new 5-year fixed rate on Tier 2 products is now one of the most competitively priced in the market – offering great value for customers with minor credit blips.
- 5-year fixed rates from 4.74%
- 2-year fixed rates from 4.89%
- 3-year fixed rates from 4.99%
- All £0 fee products now come with a refund of valuation fees and £300 cashback
What's New
Reduced rates, expanded LTV options and new limited editions
- Rates down on all buy to let products
- Rates on limited editions for non-portfolio landlords now from 3.59% on 2-year fixed
- Rates from 4.14% on 2-year fixed non-HMO (single dwelling properties)
- New limited edition LTV ranges - 65% and 75% LTV for loans £125,000-£325,000
What's New
Refurbishment buy to let range
- Standard rates from 5.64%
- EPC C+ refurbishment rates from 5.44%
What's New
New simpler range with updated rates
- Tier 1 and Tier 2 products combined into a single refurbishment range
- Lower rates for heavier refurb deals based on the current value of the property
- Rates from 0.65%pm
- No ERC and min 1 month interest
- No max loan amount
What's New
We’ve slashed our product transfers by up to 0.35% with rates now from just 4.24%
- Buy to let rates from 4.24% (reduced by 0.10%)
- Residential rates from 6.04% (reduced by up to 0.35%)
- Variety of product fee options: £0, 1% and 3%
- Products for limited companies, personal ownership and HMOs
Standard Bridging
Highlights and Features
- Rates from 0.65%pm
- Up to 75% LTV
- Fee-free AVMs up to 75% LTV
- Regulated and non-regulated
- No maximum loan amount
- Landlords who want to make a quick purchase
- Chain-break finance
- Cash flow funding for short-term requirements
- Buying property at auction
- Meeting tight transaction deadlines
- Where short-term finance is required and is secured on a property in a habitable condition and does not require any improvement works
- Regulated bridging finance can be used for almost any purpose, except where your customer is looking to raise finance by way of a second charge and the loan is for business use. For this situation our range of non-regulated bridging finance could help
Tier 1 Refurbishment
Highlights and Features
- New simpler refurbishment range. Rates from 0.65%pm
- Up to 75% LTV
- Regulated and non-regulated
- No maximum loan amount
- Extensions
- Loft conversions
- Single unit to multi-unit
- Multi-unit to single unit
- Multi-unit properties currently at 'wind and watertight' stage that require completion
- Barn conversions
- Conversion of a commercial unit into a maximum of 10 units
- Landlords looking to change the use of a residential property to an HMO with up to 20 lettable rooms
- Landlords looking to change the use of a residential property to a maximum of 6 flats. An acceptable new home warranty will be required
- Planning permission is required
- Works are being completed under Permitted Development Rights (change to property footprint)
- There is a change in overall use or nature of the premises
- Regulated bridging finance can be used for almost any purpose, except where your customer is looking to raise finance by way of a second charge and the loan is for business use. For this situation our range of non-regulated bridging finance could help
Developer Exit
Highlights and Features
- Tier 1 products up to 75% LTV gross
- Tier 2 products up to 65% LTV gross
- Regulated and non-regulated
- Up to a maximum of 6 units on Tier 1 products. No maximum on Tier 2 products
- Experienced developers with a residential property that has reached practical completion, with the benefit of all consents and a warranty or PCC
- Property developers who need more time to sell properties or organise long-term finance
- House builders who want to refinance their existing development facility to extend the sales period and/or save money
- Developers who want to release capital to move on to another project
- If there are delays in the sale completion or in securing long-term finance
- If a project overruns and funding can’t be extended
- When development project costs have exceeded budget
- To release additional capital from a completed project
- For individual units or a large development of 100s of units – there are no limits on this product
