AMOUNT
Minimum £50,000
 
MAXIMUM
Normally 75% of value, up to 90% where covenant is 'prime'

INTEREST RATE
Variable from 1.5 0ver bank base Fixed rate from 6.75% for 5 years Flexible repayment profiles with interest only periods, non - standard amortisation profile bullet payments

TERM
Up to 25 years. Our lending principals do not always require the investment lease term to match the loan term

SECURITY
First charge over freehold or long leasehold commercial investment property. All types of prime and secondary property considered

FEES
Lender fee typically 1% of advance
negotiable for larger loans
Borrower to pay lender legal and evaluation costs
Broker fee normally 1% of advance

© Lextel Services To Industry Llimited 2004