Rowanmoor adds loan facility for property investors

Clients considering buying a property within a Rowanmoor Pensions SSAS, Family Pension Trust or Defined Benefit SSAS will be able to use the facility, which is available for new and existing schemes. The streamlined lending facility uses pre-approved documentation, simplifying the administration and legal processes, therefore reducing costs and time taken to process lending applications. Only one valuation is required, which is undertaken by an RBS panel valuer, says Rowanmoor. The facility offers an interest rate of 1.8% above the bank base rate for loans up to £1m. There is also an ...