Cynergy Bank
Challenger BankCynergy Bank, formerly Bank of Cyprus UK, is a challenger bank specialising in buy-to-let and commercial mortgage lending through brokers. They serve professional landlords and small business owners with flexible criteria and a personal approach to underwriting complex portfolio cases.
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Lending Focus
Cynergy Bank offers mortgage products across 4 categories including Buy-to-Let, Commercial, Limited Company and 1 more.
Key Features
- Specialist BTL lending for professional landlords
- Commercial mortgages for small businesses and investors
- Portfolio landlord expertise with flexible criteria
- HMO and multi-unit freehold block lending
- Dedicated relationship managers for broker partners
Pros & Cons
Pros
- Specialist BTL and commercial lender with deep portfolio landlord expertise
- Flexible criteria for HMO and multi-unit freehold blocks
- PRA-regulated challenger bank with deposit-taking stability
- Dedicated relationship managers for broker partners
Cons
- –Broker-only — no direct-to-consumer access
- –No residential mortgage or bridging products
- –Does not accept adverse credit borrowers
Fees & Charges
Arrangement Fee
Typically 1–1.5% of the loan amount — product-dependent
Valuation Fee
Varies by property value — instructed upon application
Early Repayment Charge
Typically applies during fixed-rate period — varies by product
Overpayment Allowance
Up to 10% of outstanding balance per year on most products
Mortgage Rates
Rate data coming soon
We're working on adding live mortgage rate information for Cynergy Bank. In the meantime, visit their website for the latest rates.
View rates on Cynergy BankApplication Process
Processing Time
3–6 weeks from application to offer
Online DIP
No — via broker or branch
Offer Valid For
3 months from date of offer
Lending Criteria
Maximum LTV
75%
Frequently Asked Questions
What was Cynergy Bank previously called?
Does Cynergy Bank offer residential mortgages?
Can portfolio landlords apply to Cynergy Bank?
Does Cynergy Bank lend on HMO properties?
How to Apply
Broker Only
Cynergy Bank products are only available through mortgage brokers. Use our broker directory to find a broker with Cynergy Bank on their lender panel.
Contact Information
Need a Cynergy Bank Broker?
Find FCA-regulated mortgage brokers who have Cynergy Bank on their lender panel.
Find a BrokerRegulatory Status
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Important: Your home may be repossessed if you do not keep up repayments on your mortgage. Information on this page is for general guidance only and does not constitute financial advice. Always verify lender details directly and seek independent advice before making financial decisions.