Page 113 - The Index
P. 113

         Specialism/USP Speed, flexibility, common-sense finance and rebridges
  Charges 1st, 2nd, 3rd
  Funding Mostly self-funded
  FCA Regulated No
  Interest Range From 0.99%
  Security Types Residential, commercial, land
  Treatment of Interest Retained interest
  Treatment of Default Interest As per contract
  Max LTV 70%
  Max Loan to GDV N/A
  Max Loan to Cost N/A
  Min/Max Loan Term 3-12 months+
  Min/Max Loan Size £25,500-£1m
  Geographical Lending Area England and Wales
  Types of valuation accepted Standard, AVMs, re-types (not always required)
  New Builds Yes
  Refurbishment Yes
  Conversions Yes
  Grade Listed Buildings Yes
  Mixed Schemes Yes
  Planning Permission Needed Refer
  Commission Rate 1-2%
  Associations N/A
  Upfront Fees Rarely
  Early Redemption Charges Yes
  Investment Yes
  Owner-occupied Yes
  Interest-only Options Yes
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