Below is an update from Together, the Bridging and Commercial Mortgage lender, that you can access via our bridging and commercial mortgage team. Contact our team today for more information or click here to view their product cards.
Announcement
Second Charge Product Update & Rate Changes.
You asked, we listened. Small second charge loans now available from £20k.
What might be small to some, is monumental for others. With the power to simplify and transform, a small loan can have a big impact on your clients’ ambitions.
The ambition to be free from debt. The ambition to make a house a home. The ambition to make 2024 the year that counts. A small loan is a powerful tool to support your clients in achieving their dream.
From home improvements to debt consolidation, Together are pleased to announce a new smaller loan product, giving your clients the chance to get to grips with their finances and start 2024 as they mean to go on.
Together’s New Smaller Loan Proposition – Available Now
Second charge 2 year fixed rate from 12.20%
Second charge 5 year fixed rate from 10.35%
Available to Together Prime Plus customers only, the smaller loan product has:
Minimum loan amount of £20k up to £50k
A reduced lenders arrangement fee of £995
A maximum LTV of 70%
Commission is unchanged at 2%
We have also made rate reductions for loans from £50,001 up to £250k.
Second charge 2 year fixed rate from 10.20%
Second charge 5 year fixed rate from 8.99%