Page 117 - The Index
P. 117

           Specialism/USP Bridge loans, flexible, reliable and fast, complex transactions
  Charges 1st, 2nd
  Funding Self-funded
  FCA Regulated Yes
  Interest Range From 0.7% pm
  Security Types Residential, commercial, semi-commercial, investment, development
  Treatment of Interest Rolled, retained, serviced
  Treatment of Default Interest Typically 2%, case dependent
  Max LTV 70%
  Max Loan to GDV N/A
  Max Loan to Cost 70%
  Min/Max Loan Term 3-24 months
  Min/Max Loan Size £100k-£25m
  Geographical Lending Area England
  Types of valuation accepted Yes
  New Builds Yes
  Refurbishment Yes
  Conversions Yes
  Grade Listed Buildings Yes
  Mixed Schemes Yes
  Planning Permission Needed Yes
  Commission Rate 0.75-2%
  Associations ASTL
  Upfront Fees Yes
  Early Redemption Charges No
  Investment Yes
  Owner-occupied No
  Interest-only Options Yes
  The Index | 117

   115   116   117   118   119