Page 25 - The Index

Specialism/USP Development finance for professional property developers and investors. Senior and mezzanine debt blended in one
loan.
Charges 1st
Funding Family offices, HNWs, private, institutional
FCA Regulated Yes
Interest Range From 0.70% pcm
Base Rate N/A
Security Types Residential, commercial, semi-commercial, investment, development, land with planning
Treatment of Interest Rolled, retained, serviced
Treatment of Default Interest Minimum 2% pa over and above interest rate - rolled, retained or serviced
Max LTV 75%
Max Loan to GDV 75%
Max Loan to Cost 90%
Min/Max Loan Term 3-24 months
Min/Max Loan Size £150k-£5m
Geographical Lending Area England, Northern Ireland, Scotland and Wales
New Builds Yes
Refurbishment Yes
Conversions Yes
Grade Listed Buildings Yes
Mixed Schemes Yes
Planning Permission Needed Yes
Commission Rate Negotiable
Associations Innovate Finance
Upfront Fees No
Early Redemption Charges No
Investment Yes
Owner-occupied No
Interest-only Options Yes
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