Freedom to Choose

Max Loan size

£500k within criteria or £2 million upon referral

Max LTV

85%

Max age at term end

70 (75 upon referral)

Min / Max Loan term

3 – 35 yrs

Annual rates start from

4.2% (rates track Bank Base Rate)

Fixed rate available

Yes for 2, 3 and 5 yrs

Interest Only available

Only for BTL plans

Lender fee

£0-£300 for loans up to £200k. £1,495 up to £350k, £2,495 for £350k+

 For BTL plans £495

Overpayments

Yes. A repayment of part of the outstanding balance would mean that either the loan term could be reduced (if the monthly repayment remained the same) or the monthly repayment could be reduced (if the loan term remained the same). Either way, the overall amount of interest charged would be less as a result of a capital repayment.

ERC’s

2 year tracker and fixed: 3%/2% £120 thereafter

5 year fixed: 3%/3%/2%/2%/1% £120 there after

Variable products for loan sizes over £200k: 3%/2%/2%

BTL plans:

Lifetime tracker: 3%/2% £120 redemption administration fee

2 year fixed: 3%/2% £120 redemption administration fee

3 year fixed: 3%/2%/2% £120 redemption administration fee

5 year fixed: 3%/3%/2%/2%/1% £120 redemption administration fee

Purpose of loan

Most legal purposes accepted including deposit for BTL / pay a tax bill / invest in current business

Coverage

Mainland England & Wales ONLY

Max Loan size

£1,000,000 (more on referral)

Max LTV

77.5%

Max age at term end

80

Min / Max Loan term

3 – 30 yrs

Annual rates start from

5.34%

Fixed rate available

Yes, 5 years fixed

Interest Only available

Yes for loan sizes over £25,000

Lender fee

Yes, varies depending on loan size

Overpayments

Yes. Capital Repayments on Together accounts (regulated or unregulated) will be subject to a £75.00 Administration Fee.  In addition to this, for unregulated Blemain accounts, the amount of Capital Repayment will also be subject to a pro-rata Early Repayment Charge as applicable to the product.  This Early Repayment Charge is collected upon final redemption and will not attract further interest charges.

ERC’s

• Regulated/CBTL: £150 upon redemption

• Unregulated due to BTL OR Purpose - 4% / 4% / 4% / 3% / 2% / 1% thereafter

(% charged is calculated on initial balance)

Purpose of loan

Any legal purpose accepted IF loan size is over £25k + more than 50% of the loan is for business purposes then loan is treated as unregulated

Coverage

England, Wales, Scotland

Max Loan size

£1 million

Max LTV

95%

Max age at term end

70 (75 if not using income)

Min / Max Loan term

3 – 25 years

Annual rates start from

BESPOKE RATES

Fixed rate available

Yes, 1 - 5 years

Also 1 and 2 year discount rates available

Interest Only available

Yes

Lender fee

Start at £495

Overpayments

Yes.

If the customers make a payment of a greater amount than the amount due on their monthly repayment, or if they make a payment in advance of their monthly repayment date (each an overpayment) at any time, the overpayment will be applied to their account firstly in settlement of any arrears and then default charges and then we will treat the remaining overpayment as follows:

If their overpayment is more than one contractual monthly repayment, we will give them the option within 7 days of either being reimbursed the overpayment or applying the amount to the outstanding balance and either reducing the term of the agreement or adjusting their monthly payment accordingly (at their option, to be exercised within 7 days of our giving them notice).

Lend on BTL’s

Not currently

ERC’s

Variable: £95 exit fee

2 year fixed: 3%/1.5% £95 exit fee thereafter

3 year fixed: 3%/2.5%/1% £95 exit fee thereafter

4 year fixed: 4%/3.5%/2%/1.5% £95 exit fee thereafter

5 year fixed: 5%/4.5%/3%/2.5%/1% £95 exit fee thereafter

Discounted products: The ERC will match the discount provided during that period

Purpose of loan

Main purposes include consolidation of credit & home improvements

Coverage

England, Wales, Scotland