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Terraced houses

STEPPED RATE LOAN

INTEREST RATE

From 0.59% up to 60% LTV

From 0.69% up to 75% LTV

Interest can be paid monthly (in full or in part) or retained upfront

LOAN SIZES

£100,000 to £10,000,000

Larger loans considered upon application

LOCATIONS

Across England and Wales

LOAN TERMS

3 to 24 months

KEY INFORMATION

Swipe across for key product information

INTEREST RATES

LOAN SIZES

LOAN TERMS

LOCATIONS

3 to 12 months

Across England and Wales

From 0.49% pm up to 65% LTV for 6 months

From 0.55% pm up to 70% LTV for 6 months

From 0.59% pm up to 75% LTV for 6 months

1.15% pm from month 7

(Rates based on 1.5% broker commission)

     1

1

1

£200,000 to

£5,000,000

2

LOAN USES

FEES & CHARGES

Buying or refinancing residential investment property

Development exit and marketing

Short term cash flow requirements

Arrangement fee: 2%

Broker commission: From 1.5%  (taken from the arrangement fee)

Exit fee: 1.15%

Early Repayment Charge: None (interest rebated on a daily basis for loans repaid after the 3rd month)

Legal fees: At market rate, provided upon application 

4

Valuation fee: At market rate, provided upon application 

3

4

Light property refurbishment

2

2

3

Commercial property

Owner occupied property

Farms or agricultural property

First charge unregulated loans only

Properties in England and Wales only

Adverse credit history considered

Semi-commercial properties considered

This does not constitute an offer of financing. Heads of Terms and Loan Agreements will be provided by Funding 365 Limited on a case-by-case basis. Funding 365 Limited reserves the right to amend, suspend or terminate this product at any time and without notice. 

YOUR PROPERTY MAY BE AT RISK IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT. 

Properties with adverse environmental conditions

PRODUCT CHARACTERISTICS 

PROHIBITED USES

1. Interest is retained upfront and deducted from the gross loan amount | 2. Light property refurbishments is where the works do not exceed 40% of the day one market value and works are funded by the borrower. | 3. Valuation fee is required up front. | 4. Legal fees will be deducted from the loan amount. Your lawyer will be required to provide our lawyer with an undertaking to pay all legal fees in full. 

STEPPED RATE LOAN

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