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023 8045 6999
023 8045 6999
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023 8045 6999
| Product | Gross Fee paid by lender | Net fee paid to regulated broker | Net Fee paid to non-regulated & client referral service |
|---|---|---|---|
| Commercial | 1.50% | 0.75% | 0.375% |
| Buy to Let | 1.50% | 0.75% | 0.375% |
Allica Bank have made some exciting changes to their commercial proposition.
Recently named by The Times newspaper as one of the UK’s Top 20 financial technology (fintech) companies, Allica is a new bank that exists to empower established small and medium sized enterprises (SMEs) to succeed, through our unique combination of modern technology, local relationships and tailored expertise.
Their aim is simple, to help brokers support as many of their clients as possible. These changes will enable more loans to more clients.
Owner Occupied
Semi & Commercial Investment
|
|
Standard investment & Owner-occupied
|
Owner occupied with 2 x DSC
|
|---|---|---|
|
Standard Property Type
|
VP
|
VP
|
|
Factories
|
75%
|
80%
|
|
Food Outlets - Takeaway
|
70%
|
70%
|
|
Garages / Vehicle Showrooms
|
75%
|
75%
|
|
Industrial Units
|
75%
|
80%
|
|
Mixed Use / Multi-Let (exc Residential and Retail)
|
75%
|
85%
|
|
Offices
|
75%
|
80%
|
|
Retail Units (Lock Up)
|
75%
|
80%
|
|
Retail Units with Commercial Uppers
|
75%
|
80%
|
|
Retail Units with Residential Uppers
|
75%
|
80%
|
|
Student Accommodation
|
60%
|
80%
|
|
Warehouses
|
75%
|
80%
|
|
|
Investment
|
Owner-occupied
|
Owner-occupied
|
|---|---|---|---|
|
Business Property Type
|
VP
|
VP
|
MV1
|
|
Children's Day Nurseries
|
75%
|
80%
|
70%
|
|
Convenience stores
|
75%
|
80%
|
70%
|
|
Professional Practices
|
75%
|
80%
|
70%
|
|
Food Outlets - Restaurant
|
70%
|
70%
|
65%
|
|
Guest Houses/B&Bs
|
70%
|
70%
|
65%
|
|
Hotels
|
70%
|
70%
|
65%
|
|
Leisure
|
70%
|
70%
|
65%
|
|
Public Houses
|
70%
|
70%
|
65%
|
All loan to values above are maximums and are subject to credit view on quality of the asset and other factors of the application.
Complete FS Limited is Registered in England & Wales with Company No. 8163434. Registered Office at Fleming Court, Leigh Road, Eastleigh, Hants, SO50 9PD.
Complete FS Limited is authorised and regulated by the Financial Conduct Authority FCA Register Number: 738129 Please note we are a Packager and Broker, not a lender. We work with an unrestricted number of lenders to find a potentially suitable arrangement for consideration.
Complete FS Limited will receive commission from lenders. Different lenders pay different amounts depending on different models. For transparency we work with the following commission model: percentage of the amount you borrow and rate for risk. Further details of the commission model, calculation and amount will be disclosed during the customer journey.
The FCA does not regulate most Buy to Let mortgages.
Our phone lines will be closed on Thursday 1st May until 10.30am for staff training.
