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GLOBAL MACRO & CURRENCY MANAGEMENT

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MULTI-CURRENCY LIABILITY MANAGEMENT Programme

Bank Lending Criteria

Managed multi-currency loan facilities are typically subject to the following criteria, although these will vary from bank from bank:

  • Minimum loan size of £1,000,000.
  • LTV < 60% of the property value.
  • UK residential property, including buy-to-lets. Commercial property also considered.
  • Buy-to-lets assessed on rental cover of 125-140% depending on lender.
  • All loans are interest only.
  • Subject to principal earner's income of £150,000, loans may be assessed on the basis of affordability.
  • Some lenders will apply income multiples of 3 times the main income or 2.5 times joint income (in the case of joint applicants).
  • You must be able and prepared to tolerate sizeable adverse currency movements.
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