Up to 85% of open market value (up to 100% LTV with additional security)
Security
All Freehold properties considered Leaseholds with over 55 years
Income
No minimum income, however we will assess your ability to repay the loan – non status and the loan is determined by the security offered
Other
We will always need to establish your exit route i.e how will the money be repaid at the end of the term?
Interest will be rolled up and deducted on completion. This can be added to the loan providing the max LTV is not exceeded.
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