1st charge and Associated 2nd charge on additional property.
Minimum £25,001- Maximum £750,000
Interest rates from 10% above Lloyds TSB Base Rate (16.5% APR) - actual rate will depend on circumstances, KFI will quote the proposed rate and the APR Interest Only
Term – 30 years
LTV up to 75% of 180 day market value
Minimum loan period – 3 months.
Early repayment charges 1% in year 1 -
0.75% in year 2 – 0.5%
in year 3 - .0.25% in year 4 – thereafter no charge.
Arrangement Fee 1.5%
Legal fees 0.5% - Minimum £500 - Maximum £2,500
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 market value
Broker Benefits
1% commission paid on drawdown
No up front fees
We offer you a quick “in principle” decision
We offer fast and flexible “underwriting”
We endeavour to instruct any existing valuer where appropriate
Wide range of property security throughout England, Scotland and Wales
'Flexible Solutions
-Quick Decisions'
Peninsula Finance
Plc 26 Lockyer Street
Plymouth
Devon PL1 2QW
