Page 37 - The Index
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Specialism/USP Mezzanine, stretched mezzanine and bridging finance
Charges 1st bridging, 2nd mezzanine finance
FCA Regulated No
Interest Range Bridging from 1%pm, mezzanine finance from 15% pa
Base Rate/LIBOR (floor rate N/A if applicable)
Security Types Residential, commercial, student accommodation, mixed- use, land
Unacceptable Security Types Considered on a case-by-case basis
Treatment of Interest – rolled, Rolled retained, serviced
Max LTV 75%
Max Loan to GDV 75%
Max Loan to Cost 90%
Min/Max Loan Term 3-24 months
Min/Max Loan Size £500k-£10m
Geographical Lending Area London, Home Counties and southern England
New Builds Yes
Refurbishment Yes
Conversions Yes
Grade Listed Buildings Yes
Mixed Schemes Yes
Planning Permission Needed Yes
Commission Rate Negotiable
Associations APL
Early Redemption Charges Yes
Investment Yes
Owner-occupied No
Interest-only Options Yes
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