Less in your way
Up to 100% of the purchase price (subject to LTV) with no additional security*
Nothing should stand between you and helping your professional property clients achieve their goals. With Amicus, your client could get up to 100% of the purchase price without the need for additional security. Spot on.
*Unregulated products only. Fees and interest added to the loan amount. All loans subject to underwriting criteria.Email us
Here's how it works
Client exchanged contracts to acquire a piece of land subject to planning. Value with planning exceeded actual purchase price.
- Property open market value (OMV): £1.8m
- Property purchase price: £1.2m
- LTV: 70%
- Amount available from Amicus: £1.2m (£1.26m)
Client receives 100% of the purchase price
Vendor needed a quick sale so our client agreed a purchase price below market value.
- Property open market value (OMV): £750k
- Property purchase price: £700k
- LTV: 70%
- Amount available from Amicus: £525k
Client receives 75% of the purchase price and needs to make up £175k
With Amicus, it's in the NET
When we agree a deal, we put our full support behind your client and their project. Unlike other lenders who lend on GROSS LTV, we lend on NET LTV.** So when we say it’s 70%, it actually is 70%. From complex deals to quick bridges, your client can access the funds they need to get their projects kicked off.
**Unregulated products only. Fees and interest added to the loan amount. All loans subject to underwriting criteria.Get in touch