Page 47 - The Index

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