Page 17 - The Index

Specialism/USP Fast, flexible and transparent bridging and development finance on facility sizes up to £10m
Charges 1st
Funding Balance sheet
FCA Regulated No
Interest Range Bridging and development from 0.75% pm
Base Rate N/A – fixed rates
Security Types Residential, commercial, mixed-use, investment and development
Treatment of Interest Rolled or serviced
Treatment of Default Interest Higher rate is applied
Max LTV 70% net
Max Loan to GDV 75% gross
Max Loan to Cost 100% of construction cost
Min/Max Loan Term 6-24 months
Min/Max Loan Size £1m-£10m
Geographical Lending Area England, Scotland & Wales
New Builds Yes
Refurbishment Yes
Conversions Yes
Grade Listed Buildings Yes
Mixed Schemes Yes
Planning Permission Needed Product dependent
Commission Rate Negotiable
Associations None
Upfront Fees No
Early Redemption Charges Considered on case-by-case basis
Investment Yes
Owner-occupied No
Interest-only Options Yes
The Index | 17