AMOUNT
Minimum £15,000
 
MAXIMUM
Up to 80% of value or more with additional security

INTEREST RATE
Variable from Bank base plus 1.5%
Long term interest only option available

SECURITY
First charge over freehold or long leasehold property
May be let on Assured short hold, regulated tenancy, Corporate agreements or by leases to Housing associations and Local Authorities

TERM
Up to 25 years

FEES
Lender will charge an arrangement fee subject to the circumstances of each case
Borrower to pay lenders legal and valuation costs
Broker fee normally 1% of the advance

AVAILABILITY
These terms are available to large and small portfolio investors or individual, block or phased scheme

© Lextel Services To Industry Llimited 2004