Second Charge rate drops

by | Jan 11, 2024 | Products

Second Charge products:

Key features:

  • NEW – 5 yr rates starting from 6.59%
  • NEW – 2 yr rates starting from 7.59%
  • NEW – 3 yr rates starting from 7.39%
  • NEW – Interest Only rates starting from 7.59%
  • NEW – Lifetime trackers starting from 3.20% above SVR
  • NEW – Max residential loan term now 35 years
  • BTL second charges from 8.89%

 

Residential Prime & Near Prime

Key features:

  • LTV up to 85%
  • Loan size up to £500,000 gross
  • Rates from 6.59%

Limited edition interest only product (Large Loans)

Key features:

  • LTV up to 65%
  • Loan size up to £500,000 gross
  • Rates from 7.59%
  • Minimum property value £200,000
  • Term, 3-25 years

Buy-to-let Second Charge (Non Regulated & CBTL)

Key features:

  • LTV up to 75%
  • Loan size up to £350,000 gross
  • Rates from 8.89%
  • Minimum property value – Standard property types – £100,000, Ex local authority properties  – £150,000

 

Product information correct as of  11/01/2024.

For intermediaries only.

Your home may be repossessed if you do not keep up repayments on your mortgage or a loan secured against it.

The Financial Conduct Authority does not regulate some aspects of corporate financial planning, property investment or buy to let lending.

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