Together to increase the maximum loan size and LTV ratio within the product range – Mortgage Strategy

Together, the highest loan scale for several commercial products has been increased.

The professional lender said the maximum loan size for its commercial term products increased to £5 million, with a loan-to-value ratio of 70%, while the loan ratio for renewal products was 65%.

The company’s maximum loan purchase size has also increased from £2.5 million to £4.5 million.

It added that in commercial and personal financing, including first and second taxes and BTL mortgages, the maximum non-standard property LTV for all applicable products increased from 65% to 65% of 60%.

For a second-charge homeowner business loan, the lender has increased its maximum loan size from £500,000 to 70% of the LTV.

“Our confidence in the market is a testament to our strong interest in loans, and our ability to provide funding on non-standard properties is a testament to the strength of our underwriting team.”