Our Versatility range can offer you flexibility for your clients in complex circumstances. Here’s a recent example of a combined residential bungalow and cattery business:
• Remortgage with debt consolidation
• Property with right of way required over land
• Repayment strategy a combination of downsizing and the sale of two plots of land on the interest only element of the loan
• Two years self-employed history and pension income taken into consideration
We’ve also lent on a property attached to a windmill which had to be in commercial use for 2 days a year. The loan was also completed on interest only with property downsizing and included capital raising for home improvements.
Our full range of Versatility products is available online via our intermediary mortgages page. Take a look at our criteria guide to see what we can do for your clients.
For more information about our products and services, including our affordability calculator and applying through our online portal, visit our website.