Mortgages and Property

UK

United Kingdom - these terms only apply if the property is to be used as an investment, holiday or retirement home. If the property is to be used or is currently used as a main residence (i.e.: more than 40% "owner-occupied"), separate terms and conditions may apply and therefore please contact us directly at our main office shown on the "contact us" page. Commercial loans on a seperate case by case basis, assuming a full Business Plan is available.

Loans available for the majority of Nationalities for either House Purchase or re-financing for other purposes including Home Improvements

Type of Loan: Repayment, Endowment, Pension, ISA and Interest only

Proof of Income: required for loans up to 90% (can be made up of Earned Income, Pension, Investment or Rental Income. Please note however, it is not always the case that the Lender will take all or part of these Incomes into account when determining the maximum loan available).

Self-Certification Mortgages up to 80% are also possibly available (taking only Rental Income received from the designated property into account) or up to 75% with no type of Income proof

Term: 5 to 25 years up to age 80

Currency: Sterling and other major Currencies including Euros, US Dollars, Swiss Francs and Yen etc - noting that for loans other than Sterling, you have to be receiving your income in that chosen currency and that the maximum loan is 70%!

Current Interest Rate in Sterling: from 0.50% above LIBOR with full proof of income, higher rates apply if based on Rental Income only or with no proof of any income. Other Capped, Discounted and Fixed Rate schemes are also available - details on request.

Example: Repayment mortgage of £100,000 over a period of 25 years at a Variable Interest Rate of approx 4.25% = approx £548.00 Capital & Interest per month. Total approximate payment over the term of £ 165,400 including capital, interest, arrangement and survey fees.