Page 39 - The Index
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Specialism/USP Fast, flexible lender offering both secured and unsecured loans
Charges 1st, 2nd and 3rd (equitable charges)
FCA Regulated No
Interest Range From 1.5% pcm
Base Rate/LIBOR (floor rate N/A if applicable)
Security Types Residential, commercial, semi-commercial
Unacceptable Security Types Non-mortgageable
Treatment of Interest – rolled, Serviced retained, serviced
Max LTV 75-85%
Max Loan to GDV N/A
Max Loan to Cost N/A
Min/Max Loan Term 1-24 months unsecured, 1-48 months secured
Min/Max Loan Size £5k-£250k unsecured, £5k-£500k secured
Geographical Lending Area UK unsecured, England and Wales secured
New Builds Yes
Refurbishment Yes
Conversions Yes
Grade Listed Buildings Yes
Mixed Schemes Yes
Planning Permission Needed No
Commission Rate Up to 5% of capital funded and volume bonuses
Associations NACFB, AABF, FSB, SCC, ISSBA
Early Redemption Charges No (in most cases)
Investment Yes
Owner-occupied Yes
Interest-only Options No
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