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

    Residential Holiday Let 614

    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.”

    Mortgages
    This website is for authorised intermediaries only. This information has not been approved for use with customers and is not intended for public or customer use. Your clients’ property may be repossessed if they do not keep up repayments on a mortgage or any other debt secured on it. Loans are subject to status, terms and conditions.

    Castle Trust Bank means Castle Trust Capital plc, a company incorporated in England and Wales with company number 07454474 and registered office at 10 Norwich Street, London, EC4A 1BD. Castle Trust Capital plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority, under reference number 541910. Buy to Let is not regulated by the Financial Conduct Authority or the Prudential Regulation Authority.

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    This website is for authorised intermediaries only. This information has not been approved for use with customers and is not intended for public or customer use. Please confirm that you are an intermediary before accessing information on this website.

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