As a trustee, director or officer of a charity or not-for-profit organisation, you may have claims made against you which you become legally liable to pay as damages, costs and expenses arising from a wrongful act.
Our panel of specialist insurers will help you find the cover that protects you against these claims at the best possible price.
Get in touch
To find out whether Kingdom Bank could help your organisation secure the insurance cover it needs, simply complete the enquiry form below and one of our friendly team will be in touch.
Alternatively, call us on 0115 921 7270 and our team will be happy to discuss your requirements.
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How much can I borrow?
For personal mortgages our maximum mortgage is 4.5x your gross annual income subject to affordability. Buy-to-lets are assessed on the rent achieved from the property.
Loan-to-property-value
The ratio between the sum of money lent on a mortgage agreement and the value of the security property as confirmed by the Bank.
Loan-to-share-value
The ratio between the sum of money lent on a mortgage agreement and the value of the share of the security property owned by the customer, as confirmed by the Bank.
APRC
‘APRC’ stands for ‘Annual Percentage Rate of Charge’. Mortgage Lenders now have to include any mortgage related fees, redemption charges and valuation fees as part of the annual interest calculation when quoting an interest rate and this is referred to as the APRC.
Affordability
A comprehensive assessment of income and expenditure both currently and in the foreseeable future.
Loan-to-value
The ratio between the sum of money lent on a mortgage agreement and the value of the security property as confirmed by the Bank.