Page 15 - The Index
P. 15

                       Specialism/USP High LTV, Rapid, Flexible & Reliable
  Funding 100% equity financed by S&U PLC (LSE:SUS)
  Charges 1st (2nd in support of an Aspen 1st at same low rate)
  FCA Regulated No
  Interest Range 0.59%-0.69% pcm
  Base Rate N/A
  Security Types Residential, commercial, semi-commercial, re-development
  Unacceptable Security Types N/A
  Treatment of Interest Retained
  Max LTV 80% (check our website for actual cases)
  Max Loan to GDV N/A
  Max Loan to Cost 100%
  Min/Max Loan Term 6-18 months
  Min/Max Loan Size £100k-£1m
  Geographical Lending Area England & Wales
  New Builds Yes
  Refurbishment Yes
  Conversions Yes
  Grade Listed Buildings Yes
  Mixed Schemes Yes
  Planning Permission Needed Case by case
  Commission Rate From 1.5%
  Associations FIBA & ASTL
  Upfront fees No
  Early Redemption Charges Yes – 3 month minimum
  Investment Yes
  Owner-occupied Yes, for business purposes only
  Interest-only Options No
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