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                                    Product types Bridging, development and auction purchase financeCharges 1stFunding model Marketplace lending platformFCA regulated YesInterest range From 0.99% Fixed/variable interest Fixed and base rate trackerTreatment of interest and default interestRetained interest is added to the loan and deducted off the gross loan day oneSectors Residential, development, commercial and semi-commercialMax LTV 70%Max LTGDV 70%Max LTC 85%Min and max loan term 6–24 monthsMin and max loan size Min £75,000; Max by referralMin property value £150,000Valuation retypes YesRental calculations and exposureN/AGeographical lending areas England and WalesTypes of valuation accepted AVM’s, Red BookNew builds YesHeavy refurb YesGrade listed buildings YesGreen/sustainable product NoPlanning permission needed YesCommission rate From 1% (negotiable)Associations/charters NoTypes of landlords accepted Ltd co, individual, first-time landlord and portfolioUpfront fees NoBroker portal YesEarly redemption charges YesInvestment YesOwner occupied NoElectronic signatures acceptedYesLending on land NoLender Index | 53
                                
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