<!--[endif]-->

• Minimum loan: GBP 100,000 or currency equivalent.
• Further advances – GBP 35,000 or currency equivalent.
• Loan Currency: Must be either the local currency of the property location or the currency of the client's primary income
• Interest rate: view here
• Repayments: Quarterly.
• Repayment options: Repayment or Interest Only (subject to margin loading of 0.20%)
• Loan term :30 year term or up to 70 years of age, whichever is earlier.
• Financing :Maximum 70% of purchase price or valuation price, whichever is lower. Arrangement fee: 1% of the loan amount and payable upon acceptance of formal offer letter and is non-refundable.
• Legal fees : For client’s account (both the borrower’s and the bank’s legal fees)
• Valuation fees, stamp duties, taxes, communication charges, building & other forms of insurance :For client's account.
• Corporate / Trust borrower handling fee :0.25% of the loan amount for clients who borrow via a company or trust structure, payable upon acceptance of formal offer letter and is non-refundable. Offshore company registration fees may also be payable.
• Currency switching :Subject to qualification criteria and availability, which varies from time to time. When currency switching is offered, two free switches per calendar year, USD150 per switch thereafter.
• Security :First legal charge or mortgage over the property.
• Leasehold properties: Minimum 50 years left to run after repayment date.
• Letting/Rental :No additional charges or increase in interest rates but tenancies or lets beyond certain terms will require our formal, written authorization and lower loan to value ratios may apply.
• Repayment :Quarterly in arrears.  
• Pre-drawdown amendments A handling fee of USD150 will be charged should borrowers wish to make any amendments to the loan offer letter after the letter has been issued and accepted.

1) The bank only provide financing in the following provinces:  a) British Columbia (Greater Vancouver, Whistler, Victoria) b) Ontario (Greater Toronto) c) Quebec (Mont-Tremblant, Quebec City & Montreal)  d) Alberta (Calgary & Edmonton)

2) We do not finance Canadian residents for the purchase of property in Canada.

3) For Non-Canadian resident, we will be able to assist if the property is for investment or occasionally occupied by borrower or family (holiday use) but not for owner occupation.

4) After the loan is drawn and client intends to take up residence in Canada, refinancing will be required. LTSB loan is no longer available.

5) We do not finance Canadian residents for the purchase of any property in any part of the world.

6) Bank consent is reqwuired for enetering into letting arrangements which exceed one year.