Deep Blue launch new range of super loans

Published: June 25, 2008

In an announcement earlier today, Deep Blue heralded the launch a new range of loans designed for high earners who wish to purchase homes at the top end of the market. These larger loans can be used to purchase property in the UK, Europe or the US with the maximum loan being 80% of the property value.

Loans are available from £500,000 to £2,500,000 or equivalent in the local currency, with interest rates ranging from 0.75% to 2.75% above three month Libor. There is flexibility in the way income is assessed, and Deep Blue are happy to accept and affordability declaration from a suitably qualified accountant, or sight of the last six months bank statements. There are no restrictions on the type of property, as long as the valuer is happy of its saleability, and there are no Early Repayment Charges on the three month Libor linked products.

For further details, please call The Mortgage Warehouse on 0800 801079.