Ahli United Bank
How to register with this lender as a new user
For further information please contact one of the team.
How to add Mortgage Club as a payment route with this lender
When registering with this lender, tell them that Legal & General Mortgage Club will be one of your nominated routes for payment.
How to contact this lender
For further information please contact one of the mortgage team
Katie Büggs
020 7487 6941
katie.buggs@ahliunited.com
Cathy Hyde
020 7487 6942
cathy.hyde@ahliunited.com
Paul Bensley
020 7487 6912
paul.bensley@ahliunited.com
Richard McAdam
020 7487 6944
richard.mcadam@ahliunited.com
Sim Gill (Islamic/Shariah Finance)
020 7487 6953
sim.gill@ahliunited.com
What makes us different
- We lend to clients whether based in the UK or overseas secured against UK properties* located in Central and Outer London and within the Home Counties** on an owner occupied or Buy to Let basis.
- Clients can be Individuals, Private Investment Companies, Partnerships or Trusts.
- We can provide Regulated, Consumer Buy to Let (CBTL) or Buy to Let mortgage facilities.
- Borrower’s earnings are considered in both GBP and Foreign Currency.
- Islamic/Shariah Finance is also available
Our products
| Owner Occupied | Central & Outer London | Home Counties |
|---|---|---|
| Maximum LTV*** | 65% | 60% |
| Maximum Term | 25 years Capital Repayment or 5 years Interest Only | |
| Buy to Let (Including CBTL) |
|
|
| Maximum LTV*** |
60% |
60% |
| Maximum Term | 5 years Interest Only or 20 years Capital Repayment | |
| Rental Calculation | Rental income less 20% must provide 115% cover at minimum 5.5% stress rate. Up to 10% personal net income to supplement rental shortfall considered, subject to affordability assessment | |
| Minimum Age | 18 | |
| Maximum Age at the end of the term | 75 | |
| Minimum Loan size | £250,000 | |
| Administration fee | 1.25% deducted from the advance | |
| Procuration Fee (payable to Legal & General) | 0.55% | |
| Early Repayment Charge | 1% for the first 2 years | |
*properties not permitted – country houses/estates, studio flats, HMO’s and serviced apartment schemes
**including Berks, Bucks, Essex, Herts, Kent, Surrey and Sussex subject to road and rail links
***subject to AUBUK Risk Management approval
****interest only subject to additional criteria, details available upon request
Submitting an Application
For further information please contact one of the team.
|
Fee received from lender (Gross fee) |
We'll pay you (Net fee) |
|---|---|---|
| High Net Worth Loans | 0.550% | 0.500% |