Mortgage Products

If your client is buying or remortgaging commercial property – whether they’re an investor or an owner-occupier – we can help.

We consider most property types, and lower rates are also offered where the property attracts a strong yield.

Plus, our expat mortgages offer solutions to help UK nationals living and working abroad to purchase or refinance a UK investment.

Loans up to £1m

Tier 1 products available on lower yielding, typically better quality properties, based on factors such as property age, location and condition

Property Yield* Rate 55% LTV 65% LTV 75% LTV
Tier 1 – up to 8.5% 3 month LIBOR + 3.84% 4.34% 4.84%
Tier 2 – Above 8.5% 3 month LIBOR + 4.44% 4.94% 5.44%

3 month LIBOR is currently 0.80%, and subject to a minimum rate of 0.75%

 

Loans above £1m

Tier 1 products available on lower yielding, typically better quality properties, based on factors such as property age, location and condition

Property Yield* Rate 65% LTV 75% LTV
Tier 1 – up to 8.5% 3 month LIBOR + 3.84% 4.34%
Tier 2 – Above 8.5% 3 month LIBOR + 4.44% 4.94%

3 month LIBOR is currently 0.80%, and subject to a minimum rate of 0.75%

Maybe your client is looking for the best of both, and is buying or remortgaging semi-commercial property. We can help them as well.

As with commercial properties, we will consider most property types, and stronger yielding properties mean we could offer lower rates.

Also, for UK nationals living and working abroad, our expat mortgages could offer solutions for clients purchasing or refinancing a UK property.

Loans up to £1m

Tier 1 products available on lower yielding, typically better quality properties, based on factors such as property age, location and condition.

Property Yield* Rate 55% LTV 65% LTV 75% LTV
Tier 1 – up to 8.5% 3 month LIBOR + 3.24% 3.74% 4.24%
Tier 2 – Above 8.5% 3 month LIBOR + 3.84% 4.34% 4.84%

3 month LIBOR is currently 0.80%, and subject to a minimum rate of 0.75%

 

Loans above £1m

Tier 1 products available on lower yielding, typically better quality properties, based on factors such as property age, location and condition.

Property Yield* Rate 65% LTV 75% LTV
Tier 1 – up to 8.5% 3 month LIBOR + 3.24% 3.74%
Tier 2 – Above to 8.5% 3 month LIBOR + 3.84% 4.34%

3 month LIBOR is currently 0.80%, and subject to a minimum rate of 0.75%

Single or multiple occupancy, purpose built or converted – we offer mortgages for a wide variety of residential investment property.

We also provide single loans to cover large property portfolios, including some or all units on a single freehold, or multiple properties in different locations.

For UK nationals living and working abroad, our expat mortgages could help your client purchase or refinance an investment property in the UK.

Is your client a portfolio landlord? You will need to use our Portfolio Submission Platform,eTech.Find out more.

Loan size Rate 65% LTV 75% LTV 85% LTV
£100,000+ 3 month LIBOR + 3.19% 3.39% 3.99%*

 

3 month LIBOR is currently 0.80%, and subject to a minimum rate of 0.75%

*maximum loan amount £1,000,000

†Maximum 75% LTV for HMOs with more than 8 rooms

Your client may be buying or remortgaging a property in need of refurbishment. They may be looking to exit expensive development finance terms while they sell. Or perhaps they simply want to complete an investment property purchase quickly. Whatever the case, our Bridging loans can help.

Rates

All rates shown are per month*

Buy to Let and HMO

Mortgage type 55% LTV 65% LTV 75% LTV
Short term release of equity 0.44% 0.54% 0.64%
Auction purchase 0.44% 0.54% 0.64%
Developer exit 0.44% 0.54% 0.64%
Light / Medium refurb 0.44% 0.54% 0.64%
Heavy refurb 0.54% 0.64% 0.74% (max 70% LTV)

Commercial and Semi-Commercial

Mortgage type 55% LTV 65% LTV 75% LTV
Short term release of equity 0.75% 0.85% 0.95%
Auction purchase 0.75% 0.85% 0.95%

*Rates calculated using a margin over 3 month LIBOR (currently 0.80%, and subject to a minimum rate of 0.75%) over a 12 month period. LIBOR subject to change every 3 months.

Maximum LTV

The following limits are gross, including added fees and rolled up interest:

Type Maximum LTV Value over £3.5m Re-bridge
Standard 75% 65% 65%
Light / medium refurb 75% 65% 65%
Auction 75% 65% N/A
Heavy refurb 70% 65% 60%
Commercial 70% 65% 60%