The mortgage has a rate of 3.5% over base rate to 80% loan-to-value and with a minimum arrangement fee of 1% of the loan amount.
Luty will handle client relationships for Together’s lending operation, focusing on the commercial and buy-to-let markets.
The office will be staffed by second charge mortgage advisors Thomas Wall, Steve Corns and George Tuffin.
The lender now has LTV brackets at 50% loan-to-value, 65% LTV and 75% LTV, though its STL 3, 8 and 9 products have a max LTV of 70% LTV.
SimplyBiz members can access the specialist buy-to-let lender’s products and speak to its underwriting team.
The high net worth broker has launched an office in Monaco and will expand to Dubai in quarter three, as it aims to become a global mortgage broker.
Hampshire Trust Bank’s Commercial Mortgages team has provided a £425,000 loan to a property developer. Read full story on Specialist Finance Introducer
Borrowers now have the choice of a product with a 0.8% interest rate per month with no exit fee or a 7% rate per year with a 2% exit fee.
The specialist bank lent £5.7bn, with the help of £2bn in new mortgage lending.
The Northern Lights Awards, part of the annual conference, highlight the collaboration between and within companies in the Northern Powerhouse geographical area.