The range has been launched in association with Commercial First Northern Ireland. It is a semi-exclusive range of non-conforming and near-prime commercial products through its commercial lending arm, em-commercial.
The non-conforming range offers up to 75 per cent loan-to-value (LTV) with a procuration fee of 1.5 per cent, whilst the near-prime range offers up to 80 per cent LTV and a procuration fee of 1 per cent. Each range also offers a maximum loan of £2 million.
Roger Morris, managing director at em-, commented: "The commercial market in Northern Ireland is very exciting at the moment and we are delighted that we can offer a range of unique products to brokers in this area. Northern Ireland has seen a great deal of growth in the commercial mortgage sector and these tailored products show that we are making a specific commitment to these brokers."
