Flexible Zero Mortgage

This is the ideal product for either purchase or capital raising within the Buy to Let market on either a 1st or 2nd charge basis. It is also available as a 2nd charge product for High net Worth or Commercial clients.

The minimum term is 1 year and the maximum is 5 years, there are no monthly repayments required. The amount that you repay at the end of the term is determined by the interest rate that is fixed at the start of the loan, which is then rolled up to be repaid upon redemption.

Borrowing is subject to a minimum loan of £25,000 and an absolute limit of 80% loan to value (including interest). There are no other qualifying criteria.

Flexible Zero Mortgage

  • For Buy To Let and High Net Worth clients and those borrowing for a commercial purpose
  • No monthly payments
  • A fixed rate of interest is set at the outset of the loan and rolled up and paid at redemption.
  • 2nd charge only (except on BTL)
  • 1-5 year loan term
  • Maximum LTV of 50% (up to 80% combined including rolled up interest)
  • Minimum loan sizeof £25,000
  • Arrangement fee of 2%
  • No limit on applicant age
button1 button2 button3