Page 23 - The Index
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                         Specialism/USP Part-complete development funding | Planning flexibility feature
  Charges 1st
  Funding Institutional funding lines
  FCA Regulated No
  Interest Range Standard Pricing: finish & exit: 0.73% pm Refurbishment: 0.69% pm (increases with level of works)
Residential bridging: 0.67% pm Ground Up: 0.75% pm
  Security Types Residential or mixed use (majority residential)
  Treatment of Interest Situational basis (Rolled, retained or serviced)
  Treatment of Default Interest Fixed rate
  Max LTV 75%
  Max Loan to GDV 75%
  Max Loan to Cost 90%
  Min/Max Loan Term 3-24 months (dependent on product)
  Min/Max Loan Size £300K-£5M
  Geographical Lending Area Southern & Central England
  Types of valuation accepted Red Book
  New Builds Yes
  Refurbishment Yes
  Conversions Yes
  Grade Listed Buildings Yes
  Mixed Schemes Yes
  Planning Permission Needed No (flexible planning product applicable)
  Commission Rate Up to 1.5%
  Associations FIBA, ASTL, NACFB
  Upfront Fees No
  Early Redemption Charges Minimum interest clause in loan agreement
  Investment No
  Owner-occupied No
  Interest-only Options No
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