Short Term Funding Solution for Self Build £300K+


Product	12 Month Base Rate Tracker provided by major UK lender on referral basis only through BuildLoan. Bank Base Rate +4.00% (4.5%). Cheaper alternative to traditional bridging finance.
Availability	Available for properties being built in England, Scotland and Wales
Purpose	Suitable for self build, part self build, renovations, refurbishments or conversions requiring lending over £300K. Owner occupation only.
Interest rate	4.50%
Early repayment fee	No early redemption charges
Loan size	Lending under £1m max lending on land 50% max lending on build costs up to 100% overall LTV max 65% lending over £1m max lending on land 50% max lending on build costs up to 100% overall LTV max 60% Max on costs may be considered on a case by case basis, subject to other assets owned by the client.
Term	12 month product
Fees	2.5% arrangement fee
Referrral Fee Paid	0.30% of loan amount payable to broker Client referred back to you at the end of their build, for associated sales and remortgage increasing earnings potential.
Other Info	Builder must be NHBC or QS supervised
Forms	Introducer Enquiry Form Introducer Agreement
FOR MORE INFORMATION OR TO DISCUSS AN ENQUIRY Call 0845 223 4447 or email buildloan@buildstore.co.uk