TermTen

Our ten year term product can be used for all types of BTL applications. Clients service the loan on interest only, with the maximum loan amount generated via ICR calculations. The product is fixed for 5 years.

TermTen is ideal for clients looking for a longer term option. We have experience in lending to complex ownership structures and portfolio landlords who are looking to re-leverage assets or refinance into a Limited Company.

TermTen highlights*

  • Aggregated value on blocks of flats up to 20 units
  • 10 year term
  • Fixed rate for 5 years
  • Minimum loan £200,000
  • Maximum loan £5m
  • Maximum LTV 77% Gross
  • Interest only payments
  • Product fees can be added to the loan
  • Affordability based on holiday let income, not AST

We'll consider applications from:

  • Portfolio landlords
  • Buy to let investors
  • First-time buyers/landlords
  • Complex structures
  • Ltd company & individuals
  • Ex-pats
  • Foreign nationals (loans over £500k with a mortgage track record)
*Dependent on product

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.

© 2023 Castle Trust Bank. All rights reserved.

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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