Cambridge & Counties Bank
Mortgage Type
Bridging LendersProperty Value (min)
Commercial - Loan to value maximum 60% based on the lower of the purchase price or acceptable vacant possession valuation. Residential - Loan to value maximum 70%, based on the lower of purchase price or acceptable valuation.
Advance (min)
£150,000 per property
Advance (max)
£2,500,000 per property
Term (Max)
18 monthsMinimum Age
18 yearsMaximum Age
No maximum ageFamily Cash Gift Deposit
Yes - 'Deed of Gift’ required from the family member to ensure there is no potential prior equitable charge.Family Gift of Equity Deposit
Yes - 'Deed of Gift’ required from the family member to ensure there is no potential prior equitable charge.Income (min)
ALIE evidence – Audited accounts; short form accounts; tax return (2 years); Bank statements (6 months) for all loan commitments and current accounts of the borrower; passing rental income for asset offered as security or total customer rental income if available.Restrictions
Experienced landlords and property companies. Not first time landlords or property investors i.e. minimum 2 properties for a minimum of 2 years or suitable professional property experience.DWP Tenants
AcceptedEx-Local Authority Properties
Houses and flats considered - Up to 70%Minimum years remaining on leasehold property
Reviewed on a case by case basisMinimum Ownership
No minimum ownership period before remortgage considered. Will lend against OMV within 6 months subject to criteria. Happy to consider a remortgage to 100% of funds spent and cost price on refurbished propertiesPermanent rights to reside and remain
Yes (unless Ex-Pat)New Builds
All new builds considered.Credit Score
NoHistoric CCJ’s & Defaults
No current bankruptcy or IVAValuation Fees
Valuation fees paid direct to lender at the lender fee scale.Maximum number of applicants
No maximumCountries
Will lend in England, Scotland and WalesAccess
Access to Cambridge Counties is available via selected packagers only.Missed mortgage payments
Considered on a case by case basisProperty Type / Commercial
HMO’s, student BTL. Multi-unit on 1 title, semi commercial, commercial investments units plus owner occupied commercial units. Available to trading Ltd Co. SPV’s and individuals. Plus Lending to Trust’s, SIPP/SASAllow single name into a limited company name using a directors loan and must be at market value
Must be UK registered
No to First Time Landlords.
First charges on land and buildings, personal guarantees from business owners/directors required.