We’ve improved our Principal product
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Thanks to your feedback, we’ve decided to make some improvements to our Principal product. Principal already benefits from in-house referrals, and with our key updates, it could help even more of your clients.
What changes are we making?
There are 3 major changes to our self-funded Principal product:
- Lowering the minimum loan amount from £30,000 to £10,000.
- Removing the maximum loan amount of £1,000,000 and instead judging each case by the maximum Loan to value (LTV) and maximum property value limits.
- Increasing the maximum Loan to value (LTV) from 38 to 42(this enhancement will also apply to Standard and Premier in our Core product range).
Do you have a client who may benefit from our enhanced Principal product? Call our Business Development Team today to find out how we could provide a solution.
Exclusive reduced rates with Premier
In addition to our Principal updates, we are offering your clients reduced rates on our Premier product. Only available until April 2025, this could be the answer for your asset-rich clients who are considering releasing equity.
What’s more, we’re removing the £2,000,000 maximum loan amount for Premier. Instead, loans over £2,000,000 will be considered on an individual basis.
Find out more about our products and services
Discover our Core and Principal product ranges and download important documents by exploring our site.
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Ready to find out more?
We are exclusive providers of the Royal London Equity Release product range. All of our products are designed with your needs in mind.
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