The current Bank of England Base Rate is 0.5%
The current typical 3 month fixed rate LIBOR is 2.05% (London Inter Bank Offer Rate)

Most UK high street lenders use Base Rate, with rates ranging from 2% above Base to normally no higher than 5% above. Most Non conforming or specialist lenders use a fixed rate of around 14%, or will use the LIBOR rate and their rates start from 3% above LIBOR to no higher than 7% above.

Non Conforming lenders will look at deals that have a High loan to values 80% and above, Require Self certification (no evidence of income required, no accounts), have arrears or CCJ’s, Or a combination of the above.

Your circumstances, credit history and experience will dictate what rate you will be offered. Fiducia Commercial Solutions once appointed will act on your behalf to negotiate the best terms.

To work out how much you could be eligible to borrow please contact one of our highly trained advisers here.

Amounts shown are approximate and may change due to your personal circumstances.

You can view our terms and conditions here, download the initial disclosure document here or The Key Facts

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