My Loan

Our stamp duty funding loans are designed to ensure your property purchase can proceed smoothly without delaying completion. Once your loan has been approved, the full loan amount is released shortly before your property completes.

For added security, funds are normally transferred directly to your chosen solicitor's or conveyancer's client account rather than to you personally. This ensures the funds are available to settle your Stamp Duty Land Tax (SDLT) liability with HMRC within the required 14-day deadline following completion.

By paying the funds directly to your legal representative, the process is streamlined, secure and fully aligned with the property transaction, giving you peace of mind that your stamp duty obligations will be met on time.

What documents will I need?

As with any regulated lending, standard Anti-Money Laundering (AML) and Know Your Customer (KYC) checks will apply. In most cases, you will be asked to provide:
Two forms of identification (such as a passport or driving licence and a recent utility bill or bank statement).
Recent bank statements.
Proof of your property purchase, such as the memorandum of sale or purchase contract.
The contact details of your solicitor or conveyancer so we can liaise with them directly and arrange for the loan funds to be transferred to their client account.

Additional documentation may be requested depending on your individual circumstances or the nature of the transaction.

Loan repayments

Stamp duty funding loans are typically offered over a repayment term of 12 to 36 months. Your first monthly repayment is usually due one month after the loan has been completed, with equal monthly repayments made thereafter for the remainder of the agreed term.

Early repayment

You are free to repay your loan in full at any time without incurring any early repayment penalties or additional fees. Interest is charged only for the period that you actually have the loan outstanding.

For example, if you take out a loan with a 12-month term but choose to repay the outstanding balance after 9 months, you will only pay interest for those 9 months that the loan was in use. You will not be charged interest for the remaining 3 months of the original term, nor will you incur any early settlement penalties, making the loan a flexible and cost-effective funding solution.