Page 53 - The Index
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Base Rate/LIBOR (floor rate N/A if applicable)
Specialism/USP Fast, flexible, short-term finance
Charges 1st, 2nd, 3rd and equitable
FCA Regulated No
Interest Range On application
Security Types Residential (business purposes), commercial, semi- commercial, investment, land with and without
planning permission
Unacceptable Security Types N/A
Treatment of Interest – rolled, Rolled, retained, serviced retained, serviced
Max LTV 70%
Max Loan to GDV N/A
Max Loan to Cost N/A
Min/Max Loan Term 1-24 months
Min/Max Loan Size £30k-£1m
Geographical Lending Area England, Scotland, Wales
New Builds Yes
Refurbishment Yes
Conversions Yes
Grade Listed Buildings Yes
Mixed Schemes Yes
Planning Permission Needed No
Commission Rate From 1%
Associations ASTL, NACFB
Early Redemption Charges Individually assessed
Investment Yes
Owner-occupied Yes (2nd charge only)
Interest-only Options Yes
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