“Outstanding service and customer care. Lovely people to deal with…”
Intermediary Partner, June 2021
For loans over £800k please refer to the complex products.
| Product details | Initial rate | Follow on Rate (variable) | Product fee | Application fee | Proc fee | Min loan size | Max loan size | Over payments | ERC | LTV |
|---|---|---|---|---|---|---|---|---|---|---|
| 3 year discounted rate | 3.49% | 5.49% | £995 | £95 | 0.45% | £200k | £800k | 10% | 3% for three years | Up to 75%* |
| 2 year fixed rate | 5.09% | 5.49% | £995 | £795 | 0.45% | £200k | £800k | 10% | 3% for two years | Up to 75%* |
| 5 year fixed rate | 5.19% | 5.49% | £995 | £795 | 0.45% | £200k | £800k | 5% | 3% for four years, then 1% in the fifth year | Up to 75%* |
*Some property types and loan sizes may be restricted to a lower LTV.
Please call your nearest Specialist Lending Manager for further information.
Loans up to £5m
| Product details | Initial rate | Follow on Rate (variable) | Product fee | Application fee | Proc fee | Min loan size | Max loan size | Overpayments | ERC | LTV |
|---|---|---|---|---|---|---|---|---|---|---|
| 3 year discounted rate | 4.24% | 5.49% | 0.70% | £95 | 0.45% | £200k | £5m | 10% | 3% for three years | Up to 75%* |
*Some property types and loan sizes may be restricted to a lower LTV.
For loans over £800k please refer to the complex products.
| Product details | Initial rate | Follow on Rate (variable) | Product fee | Application fee | Proc fee | Min loan size | Max loan size | Over payments | ERC | LTV |
|---|---|---|---|---|---|---|---|---|---|---|
| 3 year discounted rate | 3.49% | 5.49% | £995 | £95 | 0.45% | £200k | £800k | 10% | 3% for three years | Up to 75%* |
| 2 year fixed rate | 5.09% | 5.49% | £995 | £795 | 0.45% | £200k | £800k | 10% | 3% for two years | Up to 75%* |
| 5 year fixed rate | 5.19% | 5.49% | £995 | £795 | 0.45% | £200k | £800k | 5% | 3% for four years, then 1% in the fifth year | Up to 75%* |
*Some property types and loan sizes may be restricted to a lower LTV.
Please call your nearest Specialist Lending Manager for further information.
Loans up to £5m
| Product details | Initial rate | Follow on Rate (variable) | Product fee | Application fee | Proc fee | Min loan size | Max loan size | Overpayments | ERC | LTV |
|---|---|---|---|---|---|---|---|---|---|---|
| 3 year discounted rate | 4.24% | 5.49% | 0.70% | £95 | 0.45% | £200k | £5m | 10% | 3% for three years | Up to 75%* |
*Some property types and loan sizes may be restricted to a lower LTV.
Our criteria and examples of the case types we consider are shown below.
| Simple | Complex | |
|---|---|---|
| Minimum age 18 |  | |
| No maximum age | | |
| Maximum of four applicants | | |
| Individual applicants | | |
| Expats and foreign nationals. Please see our current list of countries that we can consider | |
|
| Minimum £25k income (separate from holiday let income) | | |
| Minimum £35k income (separate from holiday let income) | |
|
| Multiple types of income eg pension, SIPP, investments. | | |
| First-time buyers | |
|
| First-time landlords | | |
Outlined here is our criteria and examples of the case types we consider.
| Simple | Complex | |
|---|---|---|
| Funds to raise capital to inject into another venture | |
|
| Regulated and unregulated loans | | |
| 145% interest cover from gross rent required for unregulated cases | | |
| Maximum mortgage term 40 years | | |
| Day one remortgages (subject to terms and conditions) | | |
Outlined here is our criteria and examples of the case types we consider.
| Simple | Complex | |
|---|---|---|
| Properties located in England and Wales | | |
| Minimum property value £350k | |
|
| Various property types, including: listed buildings large acreage annexes multi-units more than one title to charge | |
|
| Furnished holiday lets and AirBnB | | |
| Properties where a maximum of three months is required to refurbish the property | | |
| Additional commercial activity on site | |
|
| Planning restrictions limiting use of property to holiday let or similar | |
|
| Minimum 50 years left on a lease at end of mortgage | | |
Our criteria and examples of the case types we consider are shown below.
| Simple | Complex | |
|---|---|---|
| Minimum age 18 | | |
| No maximum age | | |
| Maximum of four applicants | | |
| Individual applicants | | |
| Expats and foreign nationals. Please see our current list of countries that we can consider | |
|
| Minimum £25k income (separate from holiday let income) | | |
| Minimum £35k income (separate from holiday let income) | |
|
| Multiple types of income eg pension, SIPP, investments. | | |
| First-time buyers | |
|
| First-time landlords | | |
Outlined here is our criteria and examples of the case types we consider.
| Simple | Complex | |
|---|---|---|
| Funds to raise capital to inject into another venture | |
|
| Regulated and unregulated loans | | |
| 145% interest cover from gross rent required for unregulated cases | | |
| Maximum mortgage term 40 years | | |
| Day one remortgages (subject to terms and conditions) | | |
Outlined here is our criteria and examples of the case types we consider.
| Simple | Complex | |
|---|---|---|
| Properties located in England and Wales | | |
| Minimum property value £350k | |
|
| Various property types, including: listed buildings large acreage annexes multi-units more than one title to charge | |
|
| Furnished holiday lets and AirBnB | | |
| Properties where a maximum of three months is required to refurbish the property | | |
| Additional commercial activity on site | |
|
| Planning restrictions limiting use of property to holiday let or similar | |
|
| Minimum 50 years left on a lease at end of mortgage | | |
We’re always happy to chat through individual cases,
so if you have any questions or want to check if we can consider your case,
please give your nearest Specialist Lending Manager a call.
Each case individually assessed
We manually underwrite with no income multiple limit or credit scoring
Easy-access support
Your Specialist Lending Manager is available over the phone or via Zoom to help with new cases and keep things running smoothly
Strong commitment
A firm decision for your case will be provided by our daily Credit Committee
Prompt checks
Our case managers will notify you if any information or documents are missing
Personal service throughout
Your named underwriter will provide case updates and will be happy to help with any queries
We’re delighted that almost all intermediaries who review us on feefo give us a five-star rating, the highest possible score.
Here are some the things they say about us:
If you’ve got a holiday let case, one of our Specialist Lending Managers can provide a quick overview of how we can help.
We’re here to help if you have any questions and are happy to chat through individual cases. All you have to do is pick up the phone to one of our Specialist Lending Managers.