Page 59 - The Index
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         Specialism/USP Fast development and refurbishment finance; bridging lending
  Charges 1st, 2nd
  Funding P2P/Institutional
  FCA Regulated Yes (interim permissions)
  Interest Range Finance from 0.7% pcm (bridging – 0.7%; dev – 0.85%)
  Base Rate N/A
  Security Types Residential, commercial, mixed use, agricultural and development
  Unacceptable Security Types Certain agricultural types
  Treatment of Interest Retained, serviced
  Max LTV 70%
  Max Loan to GDV 70%
  Max Loan to Cost 100%
  Min/Max Loan Term 3-24 months
  Min/Max Loan Size £50k-£10m+
  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 1.5% negotiable
  Associations N/A
  Upfront fees Yes
  Early Redemption Charges Negotiable
  Investment Yes
  Owner-occupied Yes (if residential is less than 40%)
  Interest-only Options Yes
  The Index | 59






































































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