Brilliant Solutions

Our usual emails are not working due to the Global Microsoft Issue.  Our software platforms are all functional but please call in to talk through updating your case and sending us information.   Do not email.  The notifications from our CRMs do not work at the moment so do call us.  If email is essential, we have two backup email addresses which are fully functional.  [email protected] and [email protected] This will keep disruption to a minimum.  If you have emailed us since close of business on Thursday, we will not have received that email, again, please call us on 01792 277 555.   

Express Request Deadline: 1pm on Tuesday 15th September

The company will be closing at early on Tuesday 15th September at 2pm for all staff training across all departments. We will be open as usual on Wednesday 16th September. We apologise for any inconvenience this causes. 

 

In honour of Her Majesty Queen Elizabeth II our offices will be closed on Monday 19th September while our staff pay their respects.

The office will re-open at 9am on Tuesday 20th September.

Mercantile Trust Update

Mercantile Trust have announced an intermediary update which is available below.  

We have reduced our BTL Rates 

We have reduced our rates on our 1st and 2nd charge BTL term proposition. To download the updated matrix, please click here.

First Charge proposition

  • Rates now start from 11.08%

Second Charge proposition

  • Rates now start from 11.33%

Proposition highlights:

  • Up to 75% LTV
  • Loans from £10,000 up to £500,000
  • Rental coverage 125%
  • No minimum income requirements
  • Top slicing allowed
  • Minimum valuation £75,000
  • Impaired credit (1 unit in 12)
  • England/Wales/Scotland/Northern Ireland

Perfect solution for those looking to capital raise for:

  • Deposits
  • Refurbishments/EPC Upgrades
  • Business purposes

Where speed is of the essence

  • In house conveyancing and no legal cost on second charges
  • In house conveyancing and no legal cost on refinances up to £100k
  • Automated valuations (subject to criteria and confidence score)

We pride ourselves on assessing each and every case on its individual merit, our human underwriting approach enables us to make common sense lending decisions. We encourage brokers to refer enquiries to the mortgage desk that perhaps fall outside of the normal.

Share this:
Scroll to Top