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Link Lending Provides Short Term Funding from £30,000 to £1.5M for both the Commercial & Residential property, at up to 80% of the Open market Value with interest calculated on a daily basis at rates as low as 0.75% per month.
Our loans are based on open market valuations rather than forced sale valuations
and as a result we can often lend to higher LTVs than other lenders, and can lend
up to 100% of the purchase price where additional security is provided.
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RESIDENTIAL |
COMMERCIAL |
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Maximum LTV First charge
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80% of OMV |
75% OMV |
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Second charge |
65% OMV |
N/A |
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Minimum loan |
£30,000 |
£30,000 |
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Maximum loan |
£1,500,000 |
£1,500,000 |
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Maximum term |
12 months |
12 months (24 months for development finance) |
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Interest rate |
from 0.75% a month (variable) |
from 1.20% a month (variable) |
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Legal advice |
All loans to borrowers over the age of 64 must be authorised by a Solicitor |
Where the borrower is a Limited company all directors must be co-borrowers and must be legally represented
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