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BuildLoan – TMB Self Cert Lifetime Tracker


TMB Self Cert Lifetime Tracker

Type: Self-cert tracker mortgage for self-build, renovations, conversions and home improvement

Tracker term: Life of loan

Tracker rate: 2.44% above the Bank of England base rate

Payable rate: 7.44%

Minimum loan: £350,001

Maximum loan: Up to 95% of valuation for land costs and 95% of valuation for build costs within final maximum of 85% of valuation subject to a maximum of £500,000

Income multiples: Based on affordability

Arrangement fee: £395 plus lender’s completion fee £1,995

Redemption fee: 1% of the amount repaid until September 30, 2011

Introducer’s fee: Refer to BuildLoan

Tel: 0870 870 9499


Vellani takes risk role at Polar Capital

Polar Capital Holdings has appointed Karim Vellani as chief risk officer. He joins from Credit Suisse where he was head of risk management for the global property trading business.


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