Day One Loans up to 80% LTV + 100% of Refurb Costs
Day One Loans up to 80% LTV + 100% of Refurb Costs
Loan Size: £100k - £1.5m
Term: Up to 18 months
Refurb Costs: 100% funded
Location: England & Wales
Borrower: No previous experience required, no minimum net worth required, the borrower must own another property (main home or a BTL), no adverse credit
Security Type: Residential properties only
Interest Rate: 1.19% per month
Loan to Value: Up to 80% (up to 90% of the purchase price for below market value purchases)
Associated Fees: 2% arrangement fee and 1% exit fee
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