The free valuations scheme continues to be available on all discounted and fixed rate products (except buy-to-let); on cases submitted on a direct basis only; for purchase and remortgage; in England, Wales, Scotland & Northern Ireland; for a standard mortgage valuation report (limited to one per application/property).
Commercial First launches quick ref guide
Commercial First has launched a quick reference product guide.
The lender has compiled the one-page guide to show the key product details from its Occupier range on one side and its Investor range on the other. Details include the types of property covered, affordability calculations, loan-to-value bandings and LIBOR plus margins, maximum loan size bandings, credit profile criteria, repayment options, and costs, fees and intermediary commissions.
