Page 13 - The Index
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                       Specialism/USP Actually lending post Covid-19 with workable leverage
  Charges 1st
  Funding Equity-funded by FTSE listed firm
  FCA Regulated No
  Interest Range 0.59% stepped, 0.89% flat (all LTVs)
  Base Rate N/A
  Security Types Residential, investment, commercial, semi-commercial, re- development
  Treatment of Interest Retained
  Treatment of Default Interest Interest from 0.59-3%, assessed on a case-by-case basis
  Max LTV 75% residential, 70% commercial
  Max Loan to GDV 75% residential, 70% commercial
  Max Loan to Cost 100%
  Min/Max Loan Term 12-18 months
  Min/Max Loan Size £200k-£3m
  Geographical Lending Area England and Wales
  New Builds Yes
  Refurbishment Yes
  Conversions Yes
  Grade Listed Buildings Yes
  Mixed Schemes Yes
  Planning Permission Needed Case by case
  Commission Rate 1%-2%
  Associations FIBA, ASTL
  Upfront Fees No
  Early Redemption Charges Yes – 3 months minimum
  Investment Yes
  Owner-occupied Yes, for business purposes only
  Interest-only Options No
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