Page 67 - The Index
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Specialism/USP FCA and non-FCA lending across England, Wales and Scotland
Charges 1st, 2nd
FCA Regulated Yes
Interest Range From 0.49% pcm
Base Rate/LIBOR (floor rate N/A if applicable)
Security Types Most considered
Unacceptable Security Types Land without planning
Treatment of Interest – rolled, Rolled, serviced retained, serviced
Max LTV Up to 70% depending on scheme
Max Loan to GDV 60%
Max Loan to Cost 100%
Min/Max Loan Term 18 months for non-FCA loans
Min/Max Loan Size £100k-£5m
Geographical Lending Area England, Wales and Scotland
New Builds Yes
Refurbishment Yes
Conversions Yes
Grade Listed Buildings Yes
Mixed Schemes Yes
Planning Permission Needed Yes
Commission Rate 1%, minimum £1k
Associations NACFB, AOBP, ASTL
Early Redemption Charges No
Investment Yes
Owner-occupied Yes
Interest-only Options Yes
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