Harpenden Building Scoiety Harpenden Building Society offers a truly personalised and common sense approach to mortgage lending. They take time to understand the individuals financial situation and the type of property being purchased.

**New Second Home, BTL, Holiday Let and Airbnb Range**

  • Exclusively through AToM
  • Rates starting from 2.44%
  • Up to 75% LTV on Repayment
  • Up to 70% LTV on Interest-Only
  • Loans from 75,000 to 2,000,000
  • No ERC's available

**New Premiere Development/Self-Build Rate**

  • Available to build up to 3 properties (one must be main residence)
  • Available for Knock-down and rebuild, new builds on Land and refurbishment
  • 4.19% Interest-Only
  • Up to 75% LTV
  • Terms up to 3 years
  • No ERCS

Harpenden's Premiere Broker Mortgage Range

  • Repayment Rates from 2.74%
  • Interest Only Rates from 2.94%
  • Loans from £75,000 to £3,500,000
  • Available on: Residential, Guarantor, Later Life Lending, Self-Employed, Contractors, Professional Mortgages, Holiday Let, BTL and CBTL
  • No ERCs on all products

Some of Harpenden's most popular products include:

  • Guarantor
  • Additional Borrowing
  • Remortgage
  • Bridging Loan / Short Term finance
  • Unique Homes
  • Second or Holiday Home
  • Property Development and Refurbishment
  • Interest Only

High house prices are making it difficult for some people to buy the home they would like. However, one solution is to have a relative to act as a Guarantor.

Guarantor

The Guarantor will be responsible for the mortgage if the borrower does not make the required payments.

Key Guarantor Product Features:

  • Maximum 75% LTV
  • No maximum age limit
  • Low administration fees

Additional Borrowing

Additional borrowing can be arranged for borrowers who have an existing mortgage with the Society. Funds are available for a wide range of purposes, including:

  • Home improvements
  • Expanding a business
  • University fees
  • Purchase of an additional property

Key Additional Borrowing Product Features:

  • The money can be borrowed over the same term of years as your existing mortgage or over a different term, if preferred
  • Maximum 75% LTV
  • No early repayment charge

Remortgages

Funds are available for a wide range of purposes, including:

  • Home improvements
  • Expanding a business
  • University fees
  • Purchase of an additional property

Key Remortgage Product Features:

  • Arranged over a term of years of your choice with a max term of 35 years (15 years on interest only)
  • Maximum 75% LTV
  • Low administration fees
  • Maximum Loan - £2m

Bridging Loans

A bridging loan usually involves holding mortgages on two or more properties at the same time, for example, where the sale of an existing property will not happen until after a purchase has taken place. Occasionally only needed to lend on one property if there are significant savings to put towards the purchase. 

Some purchasers only expect to have the bridging facility for a couple of weeks simply to avoid the inconvenience of moving out of one property on the same day that they move into another. 

Alternatively, a customer might have two properties to sell and know that they cannot both be sold on the same day as your purchase. Bridging loans are a high risk financial transaction and independent financial and legal advice should be sought.

Key Bridging Loan Product Features:

  • Up to £2 million
  • Maximum 60% LTV

Unique Homes

Unique homes may be able to lend up to 65% of the value of the property. In the past they have lent on medieval houses, barns, timber properties, converted mills and lighthouses, cottages in need of refurbishment and properties that combine both a residential and retail/commercial use as well as properties with more than 1 unit on the same freehold title.

Key Unique Homes Loan Product Features:

  • Maximum 75% LTV
  • Loan up to £2,000,000 (if owner occupied)
  • Low administration fees

Second or Holiday Homes

This mortgage is for the purchase of an additional property that will either be occupied by a member of the family, used as a holiday retreat or as a pied-a-terre.


Key Second or Holiday Homes Product Features:

  • Short or Long Term basis available
  • Maximum 70% LTV (65% Interest Only)
  • No maximum age
  • Maximum Loan £1m

Mortgages can be arranged on either a short or long-term basis depending on individual requirements. We can also take into account various sources of income, such as investment and rental income, as well as the borrower's main income.

Property Development/Refurbishment

Whether the customer is a property developer, wishing to demolish and rebuild or simply build on part of their garden, Harpenden can provide a mortgage that is right. If it is a brand new development, a mortgage of up to 50% value of the land can be considered at the outset. 

Harpenden Building Society aim is to meet the needs of the number/timing issues of stage releases.

Key Property Development / Refurbishment Product Features:

  • Maximum 65% LTV
  • Lend on a wide variety of properties including new houses, flats or barn conversions
  • No early repayment charges
  • Maximum Loan £2m

 To discuss Harpenden Building Society call our Sales Team on 01403 272625 (option 2) or email us at sales.team@atomltd.co.uk.

Harpenden Building Society

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Contact Details


All Types of Mortgages Limited
AToM House
24 Carfax

Horsham,
West Sussex
RH12 1EB
Phone: 01403 272625
Email: sales.team@atomltd.co.uk