These loans are available for purchase, refinance or development properties situated within central London or the Home Counties however Tiuta is able to look at each loan on an individual basis.
Product interest rates begin from 1.10% per month, with an arrangement fee of 1% and a broker/introducer procuration fee of 1%.
Steven Nicholas, chief executive officer at Tiuta, said: “We have seen an increase in demand for larger loans from our broker and introducer partners and we felt it was important to react quickly with a product offering that meets their client’s needs.
“Particularly in London and the South East these types of higher value loans are becoming more common and with our considerable funding lines and our experience we are able to work competitively in this marketplace.
“While our preference is for this geographical area, we are always willing to look at each deal on its individual merits and we would urge those looking for such finance on behalf of their clients to contact Tiuta first to see how we can help.”
