Following the successful launch of the Real Estate Ready Loan, I wanted to let you know that the pilot has now been expanded to all Real Estate Investment Property Assets.
This means that any of your new-to-bank real estate clients can now access investment lending.
Loan Features
- Borrowing range: £100,000 to £750,000
- Loan types: Interest-Only*, Part-Amortising, Fully Amortising
- Maximum LTV: Up to 65%++
- Asset Class: AST, HMO, Student, Commercial, Retail, Leisure, Office & Mixed use
- Arrangement Fee: 2% across all lending solutions
- Commission: 1.5% of the loan amount
Pricing Options:
- Interest Only: from 1.15% OBR**
Part Amortising: from 1.28% OBR
Fully Amortising: from 1.55% OBR
If you have a client ready to seize these opportunities, simply complete the attached proforma. Our dedicated team will be delighted to provide indicative terms for eligible cases.
I really hope your clients can benefit from this opportunity.
Caroyln Asplin
Head of Real Estate Intermediaries