Page 55 - The Index
P. 55

          Specialism/USP Straight answers. Swift and reliable with a professional focus.
  Charges 1st, 2nd
  Funding Mix of bank lines, and institutional and high-net-worth funders
  FCA Regulated Yes
  Interest Range Bridging from 0.59%, development from 0.70%. BTL from 3.39%
  Base Rate N/A
  Security Types Residential, commercial, semi-commercial, investment, development, land
  Unacceptable Security Types Owner-occupied, non-existent/unrealistic exit
  Treatment of Interest Rolled, retained, serviced
  Max LTV 80% for BTL, 75% for bridging, 70% for development
  Max Loan to GDV 70%
  Max Loan to Cost 90%
  Min/Max Loan Term 1-24 months
  Min/Max Loan Size £50k-£7.5m
  Geographical Lending Area England, Scotland, Wales
  New Builds Yes
  Refurbishment Yes
  Conversions Yes
  Grade Listed Buildings Yes
  Mixed Schemes Yes
  Planning Permission Needed Yes
  Commission Rate Negotiable
  Associations NACFB, ASTL, CML, FIBA
  Upfront fees No
  Early Redemption Charges No for bridging and development, yes for BTL
  Investment Yes
  Owner-occupied No
  Interest-only Options Yes
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