Is your client in need of a Light or Heavy Refurbishment? We’ve updated our Bridging proposition to provide them with even more flexibility.
Castle Trust Bank are now offering up to 80% LTV Net on our Light and Heavy Refurbishment products, helping to maximise the amount your client can borrow. Fees and interest will then be added on top of the Net LTV.
As well as updating our Refurbishment products, we’ve relaunched our popular standard Bridge which can be used for auction purchases, recently completed developments, or allowing your client to bridge the gap whilst they wait for interest rates to settle
- Maximum LTV: Up to 80% LTV Net
- Bridge term: Between 6 – 18 months
- Loan size: £100k+
- Arrangement fee: From 2.25%
- Interest basis: Rolled up
- Interest rates: From 0.89%
- ERC: No ERC after 3 months
- We’ll consider: Experienced and first-time landlords, limited companies, foreign nationals, SPVs and offshore companies