Page 27 - The Index

BRIDGE INVEST
Specialism/USP Principal bridging lender with direct access to the decision makers. Specialist in third party charges and offshore
borrowers.
Charges 1st, 2nd
Funding Multiple sources, including shareholders and private investors
FCA Regulated No
Interest Range Bridging from 0.69% pm
Base Rate N/A
Security Types Residential, commercial, mixed use, HMO, investment, development (only in London)
Treatment of Interest On a case-by-case basis
Treatment of Default Interest Higher rate is applied but capped at 2% pm
Max LTV 70% gross
Max Loan to GDV N/A
Max Loan to Cost N/A
Min/Max Loan Term 3-12 months
Min/Max Loan Size £100k-£5m
Geographical Lending Area England and Wales
New Builds Yes
Refurbishment Yes
Conversions Yes
Grade Listed Buildings Yes
Mixed Schemes Yes
Planning Permission Needed Yes
Commission Rate Minimum 1% of gross loan
Associations NACFB
Upfront Fees Upon application
Early Redemption Charges No
Investment Yes
Owner-occupied Yes
Interest-only Options Yes
The Index | 27