Page 45 - The Index
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                           Specialism/USP Specialist mortgages: BTL, semi-commercial and bridging
  Charges 1st
  Funding Deposits
  FCA Regulated Yes
  Interest Range Bridging and STL rates from 0.55% pcm, BTL and HMO from 4.03%, semi-commercial from 4.80%
  Base Rate N/A
  Security Types Residential, semi-commercial, HMOs, holiday lets, portfolios, serviced accommodation, new build, purpose-built student
  Treatment of Interest Rolled, serviced
  Treatment of Default Interest 3% pa
  Max LTV 75%
  Max Loan to GDV 75%
  Max Loan to Cost N/A
  Min/Max Loan Term Short-term 1-12 months, term 2-30 years
  Min/Max Loan Size £100k-£15m
  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 By agreement
  Associations NACFB
  Upfront Fees No
  Early Redemption Charges Short-term – no, term - yes
  Investment Yes
  Owner-occupied No
  Interest-only Options Yes, up to 30 years
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