Page 9 - The Index
P. 9

                                               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
  The Index | 9

   7   8   9   10   11