Proc fees - when your proc fee will be paid

Lenders send payments by BACS which can take anything up to 5 working days to clear at PMS. PMS then make payment to brokers once the funds have cleared in our account.  

Overview

At Castle Trust Bank, we bring clever thinking and innovation to the borrowing process. Our team of experts can help find the best solution to most specialist lending needs including:

• Bridge to let - our innovative combination of a bridging loan to meet the borrower's immediate needs, paired with a guaranteed exit option through our TermTen product (which has a fixed rate for the first 2, 3 or 5 years). The term exit is underwritten and agreed at the outset providing your client with confidence and certainty that they'll have an alternative exit option, should they need it.
• Holiday lets - the staycation looks like it will be ever more popular in the next few years, and our expertise will help your clients expand their property portfolio and increase yield.
• Bridging refurb (including HMO) - if your client is willing to put in the hard graft and refurbish a property, we'll do our part to help them achieve their goal.
• First-time landlords - we all have to start somewhere, and we're happy to consider all sensible and well-thought out enquiries, even if your client is a first time landlord.
• Term loans - our TermTen product offers 2, 3 and 5 year fixed rates before switching to a variable rate, giving your client the certainty they need regarding repayments as they expand their property portfolio.
• Foreign nationals & ex-pats - we don't exclude good applications just because the client is a foreign national or an ex-pat; give us a call to discuss if you have any such clients.
• Limited companies - complex ownership structures accepted.