Capital Raising
We accept capital raising on all remortgages. The amount and purpose need to be provided on the application.
We apply Loan to Value caps based on capital raising purpose:
- Debt Consolidation – max LTV 80% LTV
- Home Improvements – max 85% LTV
- Purchase BTL / Land– max 85% LTV
We’re unable to accept capital raising for:
- Speculative investments, including purchasing cryptocurrencies and bitcoins
- Paying tax
- Gambling or payment of gambling debts
- Investments into businesses
- Sale and leaseback properties
- Investments in or the purchase of a property from a PIC (Property Investment Club)
- Remortgage of shared ownership property unless is to take the ownership up to 100%
- Time share