Paradigm has launched a new, exclusive Large Loan products from Harpenden Building Society to its member firms.
Available for loans over £1m, the 2-year fixed-rate products cover off both repayment and interest-only options.
Some of the new products include: a £1m to £1,249,999 available up to 75% loan-to-value (LTV) with a rate of 5.23%, a £1.25m to £1,999,999 available up to 70% LTV with a rate of 5.23%, and a £2m to £2.5m available up to 75% LTV with a current rate of 5.63%.
Arrangement fees for the 70% and 75% LTV products are £1,500 and £3,000 for the 65% LTV.
For those Paradigm member firms not active in the Large Loan space, the distributor offers referral options with other members in order to access specialist advice for clients.
