Pricing

All our loans reflect the circumstances and risks of our clients. Charges will only be applied to contracted loans. There is no application fee. 

We price our loans around 1.00% per month. Interest will be serviced or retained. With retained interest, the amount that can be lent on a property is likely to be reduced. Our interest rates can change if the BoE base rate increases. 

The arrangement fee for a typical loan will be 2%. In some circumstances there may be an additional 1% procurement charge.

 On development and more complex loans 1 – 2% redemption charge may be applied.

Where a loan is drawn in tranches, a 0.25% monthly undrawn fee may be charged in certain circumstances.

We do not undertake or rely on 3rd party valuations representing a considerable saving for our clients in both financial terms and speed of drawdown.

In addition, we will require a cost indemnity for our 3rd party legal costs.