Page 81 - The Index
P. 81

                      Specialism/USP Development Finance, Bridging
  Charges 1st, 2nd
  Funding Private
  FCA Regulated No
  Interest Range Mezzanine Facilities from 14%+
  Base Rate N/A
  Security Types Residential, Student Accommodation, Mixed-use
  Unacceptable Security Types Owner occupied
  Treatment of Interest Rolled
  Max LTV 75%
  Max Loan to GDV 75%
  Max Loan to Cost 90%
  Min/Max Loan Term 6 – 30 months
  Min/Max Loan Size £500k - £10m per project
  Geographical Lending Area England
  New Builds Yes
  Refurbishment Yes
  Conversions Yes
  Grade Listed Buildings Yes
  Mixed Schemes Yes
  Planning Permission Needed No
  Commission Rate Negotiable
  Associations APL
  Upfront fees Yes
  Early Redemption Charges No
  Investment Yes
  Owner-occupied No
  Interest-only Options No
  The Index | 81

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