Both products deliver first charge, unregulated loans between £100,000 and £5million (larger on a case-by-case basis) for terms up to 18 months. The Light Refurbishment product also delivers up to 85% LTV, with rates now from 0.89%pm, for qualifying loans up to £1million.

Permitted securities in England and Wales include investment houses, flats, HMOs, student accommodation, holiday lets with no title restrictions and semi-commercial properties where the commercial element is up to 30% of the property value.

The products cover a wide range of uses including auction purchases, development exits, and renovations and conversions with costs of works up to 40% of the OMV up to 75% LTGDV.

For more information on Funding 365’s full product range visit www.funding-365.com/products or speak to a Funding 365 underwriter directly on 0800 689 0650 or underwriting@funding-365.com

Funding 365 Director, Paul Weitzkorn, comments, “Margins can be tight for developers and landlords, which is why we always strive to provide the sharpest possible pricing. We encourage everyone to speak directly to our expert underwriters to experience these new rates with our unique service.“