Page 37 - The Index

Specialism/USP Low rates at high speed. Always bespoke. No hidden fees.
Charges 1st
Funding Private and institutional
FCA Regulated No
Interest Range Residential bridging from 0.59% Commercial bridging from 0.69%
Base Rate N/A
Security Types Residential, commercial, semi-commercial
Treatment of Interest Retained, serviced
Treatment of Default Interest Interest step up reviewed on a case-by-case basis
Max LTV 75%
Max Loan to GDV N/A
Max Loan to Cost N/A
Min/Max Loan Term 3-36 months
Min/Max Loan Size £100k-£10m
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 2% as standard
Associations NACFB, FIBA
Upfront Fees No
Early Redemption Charges No
Investment Yes
Owner-occupied No
Interest-only Options Yes
The Index | 37