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Lending Decisions - THIS PAGE IS CURRENTLY UNDER DEVELOPMENT

Brown Shipley's credit facilities are generally available to support exisitng (investment) clients who have a particular need. With current stock markets liable to short-term volatility, a loan might be preferrable to liquid securities to meet a financial objective.

Typically our credit facility will fall into the following categories:

  • Term loans
  • Overdrafts
  • Unsecured loans

Term Loans

Brown Shipley will lend up to £3m over a maximum term of 5 years. All Term loans are usually secured against an investment portfolio (held in our nominee company) or residential property or both*.

Overdrafts

Overdrafts can be made available to Brown Shipley current account customers. Other short term secured loans can be considered by Brown Shipley to meet your personal requirements.

Unsecured loans

Unsecured loans are only provided for certain purposes or during certain events:

  • Probate Loans - To fund the settlement of an Inheritance Tax liability, providing Brown Shipley is managing the stock holdings within the estate. Maximum term is one year.  
  • Divorce Costs Loans - During this difficult period a divorcing party may require access to short term funds. This particular service has a maximum advance of £100,000 over 1 year. A deed of assignment over the party's right to the divorce settlement will be required.

Lending Tariff, Costs & Fees

  • Interest rates are competitive. Other fees and costs may be incurred however full details will be discussed with you.

 

*The value of your investments within the Investment Portfolio and the income arising there from may decrease as well as increase. We shall not be held liable for any loss incurred by you arising from changes in market conditions or market fluctuations. The investments in the investment portfolio charged as security will be at risk should you breach the terms and conditions of the loan agreement or the security documentation relating thereto.

Contact Details

For further information on Brown Shipley's Credit facilities and criteria please contact

xxxxxxx - xxxxxxxxx

Email: xxx.xxx@brownshipley.co.uk or Call: 020 7282 xxx