Page 47 - The Index
P. 47

         Specialism/USP Development and bridging finance
  Charges 1st
  Funding Longstanding retail investment platform
  FCA Regulated No
  Interest Range From 0.65% pcm
  Base Rate Fixed Rates
  Security Types Residential, commercial, land with and without planning
  Unacceptable Security Types None
  Treatment of Interest Typically Rolled
  Max LTV 75%
  Max Loan to GDV 75%
  Max Loan to Cost 90%
  Min/Max Loan Term Up to 30 months
  Min/Max Loan Size £5m-£30m+
  Geographical Lending Area England and Wales
  New Builds Yes
  Refurbishment Yes
  Conversions Yes
  Grade Listed Buildings Yes
  Mixed Schemes Yes
  Planning Permission Needed No – we also provide bridging finance
  Commission Rate Broker fees included and paid from the facility
  Associations N/A
  Upfront fees Typically 1% entry fee drawn from the loan on completion
  Early Redemption Charges Typically No
  Investment N/A
  Owner-occupied No
  Interest-only Options No
  The Index | 47

   45   46   47   48   49