Light Aircraft Mortgage

Arkle offers a loan agreement where the advance is used to fund the purchase of a light aircraft and where Arkle takes security in the form of a mortgage on the aircraft. With the light aircraft mortgage, you can spread the cost of an aircraft over five years, and your loan repayments can vary in line with your seasonal income. The light aircraft or helicopter must be based in the UK at the time of purchase.

How it works

  1. Choose your new or used UK-based aircraft and submit

    an application for Finance to us. We’ll need
    to see ownership and registration document, as well as the
    Civil Aviation Register listing and a current Airworthiness
    Certificate.

  2. Once your application has been approved and documentation

    and registration requirements completed, we typically send the

    loan funds to the aircraft sales broker who would confirm

    receipt and that the aircraft has been paid for in full.

  3. After that you will pay a fixed number of loan repayments over
    a fixed period of time, along with fixed interest charges.

What’s so good about this product?

  • Spread the upfront cost of purchasing the aircraft over

    terms of up to 5 years.

  • The mortgage is secured against the aircraft.

  • You are able to settle in full or partially settle

    early, subject to the terms of your agreement.

  • You have the expertise of our Aviation specialist

    team to work with you through the purchase process.

 

 

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