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.
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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)
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