Castle Trust Bank Delivers Flexible Lending for Unconventional Buy to Let Deal

Castle Trust Bank recently completed a £481,286 Buy to Let Term loan to convert a guest house to holiday let apartments, with the added complication that the previous use as a guest house had not received planning permission. Castle Trust Bank’s BDM, underwriting, solicitor and management team came in for particular praise from Matthew Jones at GPS Financial, who brokered the deal. Matthew said, “As a broker, we often encounter lenders who look for a reason to say no. It is refreshing, even when challenged with an incredibly quirky set of circumstances, to find a team who are willing to say yes and to find a way to make the case work.”

The PRA has proposed increasing the FSCS deposit protection limit from £85,000 to £110,000, giving more savers full coverage and greater peace of mind.
Richard Pym, Chair of Castle Trust Bank, retired on 1st April, and has been replaced by Ken Stannard who has been an Independent Non-Executive Director on our Board since July 2022.
Castle Trust has published its latest financial statement, as at 30 September 2024.
Scroll to Top