RAW launches Guernsey Mortgages
RAW Capital Partners has launched a new Guernsey mortgage offering, providing a welcome new mortgage lender to the local market.
The offering aims to provide a flexible new option to the Guernsey market, where there is currently a scarcity of mortgage lenders. The focus is on more mature local borrowers and on landlords who might have property in Guernsey and the UK.
Unlike banks, who often have a ‘tick box’ approach, RAW reviews every case on its own merits and prides itself on creating bespoke lending packages for all types of individual situations, with no age restrictions and all circumstances considered.
RAW can provide short term bridging finance, or longer term lending up to a 5-year term. Minimum loan size £50k | Maximum loan size £1.5m. A bond is required for Guernsey property or a first legal charge on UK property.
RAW’s application process is simple and quick, and aims to provide a decision in principle within 24 hours.
Tim Parkes, managing director of RAW Capital Partners, said “We are delighted to enter the local market as we know there is a scarcity of mortgage lenders in Guernsey. Our focus is on more mature local borrowers and on landlords who might have property in Guernsey and/or the UK. We look forward to working with local professionals to help provide more choice to Guernsey residents.”
Interested parties can learn more about RAW Capital Partners’ Guernsey mortgage offering here or contact the Mortgage Team on +44 1481 708250.
The RAW team is all based in Guernsey, part of a boutique asset management business established over 5 years ago and based right in the heart of St Peter Port.