Page 27 - The Index
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         Specialism/USP Bespoke Short-term finance facilities
  Charges 1st, 2nd
  Funding Principal lenders
  FCA Regulated No
  Interest Range From 0.75% pcm
  Base Rate N/A
  Security Types Residential, commercial, mixed-use, land (with planning or income)
  Unacceptable Security Types Clubs, religious buildings, schools, care homes, properties used by Charities; leases sub 30 years, industrial
  Treatment of Interest Rolled, retained, serviced
  Max LTV Resi 80%; commercial 65%, build costs 100%
  Max Loan to GDV 65%
  Max Loan to Cost 85%
  Min/Max Loan Term 3-12 months
  Min/Max Loan Size £100k-£5m
  Geographical Lending Area England and Wales
  New Builds Yes
  Refurbishment Yes
  Conversions Yes
  Grade Listed Buildings Yes
  Mixed Schemes Yes
  Planning Permission Needed Yes
  Commission Rate Negotiable
  Associations FIBA
  Upfront fees Yes
  Early Redemption Charges No
  Investment Yes
  Owner-occupied Yes, second charge for business purpose only
  Interest-only Options Yes
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