Enhancements include:
- New Early Payment Plan to help keep the initial cost of a loan down for 3 or 6 months.
- New Bridging Finance Plans including Short Term Plan, Early Payment Plan and Payment Holiday options.
- New Buy to Let with new rates and commission structure.
- Enhancements to existing products include:
- Secured Loans
- New rate and commission matrix
- Maximum LTV 80 per cent
- Terms extended to 30 years
- Revised Acceptance Fees on regulated plans with relaxed requirements for solicitors to Witness and Advise
- New rates and commission structure with the occupiers’ consent no longer required
- New Plans including Short Term Plan, Early Payment Plan and Payment Holiday
- Rates from 1.15 per cent
- Uncapped commissions
- New definitions for Type B properties
These core products are available up to 75 per cent LTV for unlimited adverse and 80 per cent LTV for low adverse. Equitable Charges are also available.
