Base Rate “Plus” Loan Regulated

Key Features

• Non-status
• Individuals
• Maximum loan - £750,000.00
• Minimum loan period 6 months
• Interest Rate from Base Rate of Lloyds TSB plus 6.5% - Interest Only
• Terms – 30 years
• Early repayment charge, within first 5 years - 4.5% - 1.5% thereafter
• LTV up to 75% of 180 day market value
• Arrangement fee 2.0%
• Legal fees 0.5% - minimum £500.000, maximum £2,500.00 (plus VAT)
• Advance legal fee - £395 (inc VAT) for 1 property and £550 (inc VAT) for multiple properties - collected at offer stage
• Addition of fees to loan up to 75% of 180 day market value

 Broker Benefits

• No up front fees
• We offer you a quick “in principle” decision
• We offer fast and flexible underwriting
• We endeavour to instruct any existing value where appropriate
• We will keep you fully informed throughout the process