20 things

Salt Commercial

3 October, 2007

1 Salt Commercial is part of The Derbyshire Group, a building society with nearly 150 years of financial experience.

2 It is an ‘on balance sheet’ lender, providing a consistent, competitive and reliable source of lending.

3 It is a national lender with offices across the UK dedicated to doing business in the North and South of England as well as Northern Ireland.

4 It has considerable sub-prime and commercial experience, from Underwriting through to Sales and Operational staff.

5 Unusual properties are always considered, such as residential properties with an element of commercial usage, ex-local authority flats, etc.

6 Customers do not pay a booking fee for any product in the buy-to-let, self-cert and non-conforming range.

7 It operates a ‘can lend, will lend’ attitude towards its customers, with no application declined on credit score alone and always reviewed by an Underwriter

8 It benefits from real-time online case submission - so Salt’s underwriters can start working on your case immediately.

9 A commercial lending team are on hand to offer owner-occupier, commercial investment property, commercial and residential property development and refurbish-to-Let finance.

10 There is direct access to key decision makers for those tricky cases when intermediaries need to speak to an Underwriter.

11 Salt believes in cutting out the jargon and making things as simple and straightforward as they should be, for both intermediaries and their customers.

12 It has uncomplicated product terms with no extended tie-ins and simple LTV bandings.

13 It strives to ensure that feedback from brokers is used in developing new products and changes to lending criteria

14 It offers a full range of products from Prime Self-Cert through to Heavy Adverse and Fast-track, as well as Buy-to-Let and Commercial.

15 Customers can access a diverse range of products, such as Salt’s Swiss Franc LIBOR Trackers.

16 It has a wealth of buy-to-let experience, gleaned from the people behind the ‘Buy-to-Let Specialists’ Derbyshire Intermediary Support.

17 All Salt’s Buy-to-Let products are available to first-time buyers and first time landlords.

18 Expatriate loans are available up to 85 per cent loan to value on any buy-to-let product – with income calculated in any currency.

19 Full status and self-certification guarantor mortgages are available on Salt’s standard product rates.

20 Non-conforming, self-cert and commercial property lending products are now available to customers in Northern Ireland.