Bright Insights, March 2024
NEW Developer exit products
Tier 1 developer exit product Up to 60% LTV 0-6 Units Up to 12-month term Minimum loan – £50,000 No maximum loan 2% facility/product fee Tier 2 developer exit product Up to 75% LTV No limit on the number of units Up to 18-month term Minimum loan –...
£300k raised in one month for retired couple looking to invest
£300k raised in one month for retired couple looking to invest Objective The introducing broker needed assistance for their retired clients, aged 68 and 65, to leverage the equity in their mortgage-free home to invest in a company, aiming to generate passive income...
£230k second charge mortgage for debt consolidation and home improvements
£230k second charge mortgage for debt consolidation and home improvements Objective Our introducers client was seeking a £230k second charge mortgage for debt consolidation and home improvements. They had previously taken out a second charge for home improvements, and...
