The ALTERNATIVE Term Loan from the lender who listens.
Individually underwritten loans by people for people, not tick boxes and algorithms.
5-year interest-only loans for purchase, refinance, property improvement or working capital for commercial and residential properties.
Secure funding for the property industry and business community.
3 - 5 Years
• Residential and Commercial Property: 70%
• Owner-occupied dwellings (second charge only): 65%
0.65% per month on balance outstanding
2% of the loan
• Auction and private treaty purchase
• Refurbishment and improvement
• Refinance, working capital and release of equity
• Retail units and shopping centres
• Office buildings
• Industrial and distribution premises
• Residential investments
• Hotels and restaurants (restrictions apply)
• Owner-occupied dwellings (second charge only)
• Cinemas, public houses (trading), night clubs etc.
• Petrol Stations (trading) and garages
• Farms, stables, kennels, equestrian centres and other agricultural holdings
• Non-conforming, remote or unusual properties
• First mortgages on owner-occupied private dwellings
• Off-shore borrowing entities
• Regulated residential loans
• UK Limited Companies and Limited Liability Partnerships (LLPs)
• UK Resident Individuals and Partnerships
• First or Second Mortgage over the Property
• For Corporate Borrowers:
__o Personal Guarantee(s)
__o Debenture and Floating Charge