Page 63 - The Index

Specialism/USP Speed, service and adaptability
Charges 1st, 2nd
Funding Institutional and HNW
FCA Regulated No
Interest Range 0.69%-0.99%
Base Rate N/A
Security Types Resi, commercial, mixed use, multiple occupation, heavy refurb
Treatment of Interest Retained, serviced
Treatment of Default Interest A revised rate may apply
Max LTV 70%
Max Loan to GDV 60%
Max Loan to Cost N/A
Min/Max Loan Term 1-24 months
Min/Max Loan Size £50k-£10m
Geographical Lending Area England and Wales
New Builds Yes
Refurbishment Yes
Conversions Yes
Grade Listed Buildings Yes- Grade II only
Mixed Schemes Yes
Planning Permission Needed Yes
Commission Rate From 1%
Associations NACFB, ASTL, FIBA
Upfront Fees No
Early Redemption Charges No (if after one month minimum term)
Investment Yes
Owner-occupied Yes - 2nd charge business purposes only
Interest-only Options Yes
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