Page 53 - The Index

Specialism/USP Principal lender with direct access to decision makers for speed and flexibility.
Charges 1st, 2nd
Funding Private and institutional
FCA Regulated No
Interest Range Bridging from 0.65% pm, development from 0.65%pm
Base Rate N/A
Security Types Residential, commercial, mixed use, land
Treatment of Interest Rolled, retained, serviced
Treatment of Default Interest Reviewed on a case-by-case basis but typically 1% pm
Max LTV 75%
Max Loan to GDV 70%
Max Loan to Cost 90%
Min/Max Loan Term 1-24 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 Negotiable
Associations NACFB, FIBA
Upfront Fees No
Early Redemption Charges No
Investment Yes
Owner-occupied No
Interest-only Options Yes
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