100% lending on treehouses

email received from Hinckley & Rugby for Intermediaries today

From: Hinckley & Rugby for Intermediaries

Sent: 01 April 2017 09:17
To: advice@sbms-online.co.uk
Subject: Hinckley & Rugby branch out into treehouse lending

 

Hinckley & Rugby branch out
into treehouse lending…

H&R for Intermediaries is pleased
to announce that it is today adding mortgages secured on
treehouses to its portfolio of niche lending areas.

Applicants may take advantage of the
Society’s core product range, providing they meet the
following criteria:

  • Up to 100% LTV available
  • Leasehold tenure only – standard leasehold conditions apply
  • The boundaries of the treehouse must be located within the
    curtilage of land which is owned by the applicants, either unencumbered or with a mortgage
  • Acceptable timber types are oak, ash, lime or other suitable
  • deciduous trees by referral

The initiative builds on the Society’s individual approach to underwriting, which is exemplified by the niche criteria below – please contact us to refer individual cases. 

For intermediary use only, must not be handed to clients.

Your dedicated Business
Development team

 

 

 

clearly an April Fool’s joke….

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