Gemini Finance

Gemini Finance introduces its lowest ever rate product

Gemini Finance has launched a new product for unregulated single-unit residential properties.

The offering is available at up to 70% LTV for a six-month term, with rates starting at 0.7% pm.

Borrowers will also benefit from no exit fee and no minimum term — meaning they can pay the loan back early without consequence.

For particular cases, the lender can proceed without instructing a formal valuation report, as its in-house chartered surveyor can make executive decisions in this regard.

Matthew Gammond, commercial manager at Gemini Finance (pictured above, left), said: “This has been a long time coming — our broker network has asked and now we’ve answered. 

“Listening and responding to feedback from our introducers is key to staying relevant in this highly competitive market.

“We previously offered a 0.8% product, but this new offering is even more refined and advantageous for the borrower.

“Though this 0.7% product is strictly for residential properties, we are still welcoming industrial, agricultural and commercial cases.”

Also pictured: Iain Johnson, sales and underwriting manager at Gemini Finance (middle) and Chris Parkinson, finance manager at Gemini Finance (right) 

Leave a comment