Page 9 - The Index

Specialism/USP Bridging and development
Charges 1st and/or 2nd
Funding Shareholders and bank lines
FCA Regulated Yes
Interest Range From 0.75% pm
Base Rate LIBOR
Security Types Residential, commercial, development, including regulated loans
Treatment of Interest Retained or serviced
Treatment of Default Interest By agreement
Max LTV 70%
Max Loan to GDV 65%
Max Loan to Cost 80% (flexible)
Min/Max Loan Term 3–24 months
Min/Max Loan Size £100k-£20m
Geographical Lending Area England, Scotland and Wales
New Builds Yes
Refurbishment Yes
Conversions Yes
Grade Listed Buildings Yes
Mixed Schemes Yes
Planning Permission Needed Yes
Commission Rate By agreement
Associations NACFB, ASTL
Upfront Fees No
Early Redemption Charges No
Investment Yes
Owner-occupied Yes
Interest-only Options Yes
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