Page 17 - The Index
P. 17

Specialism/USP Bridging, mezzanine, development finance, developer equity release
Charges 1st, 2nd
FCA Regulated No
Interest Range Bridging from 1% pcm, mezzanine, developer equity release from 1.25% pcm
Base Rate/LIBOR (floor rate N/A if applicable)
Security Types Residential, commercial, land, developments
Unacceptable Security Types N/A
Treatment of Interest – rolled, Rolled, serviced retained, serviced
Max LTV 75%
Max Loan to GDV 75%
Max Loan to Cost 90%
Min/Max Loan Term 1-24 months
Min/Max Loan Size £250k-£2.5m (over £2.5m subject to agreement)
Geographical Lending Area London, South East and Northern Home Counties.
New Builds Yes
Refurbishment Yes
Conversions Yes
Grade Listed Buildings Yes
Mixed Schemes Yes
Planning Permission Needed Yes
Commission Rate Negotiable
Associations N/A
Early Redemption Charges Yes
Investment No
Owner-occupied Yes (if residential is less than 40%)
Interest-only Options Yes
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