Page 91 - The Index
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         Specialism/USP Specialist commercial mortgage lender – short-term bridging, BTL, commercial term loans
  Charges 1st, 2nd
  Funding Significant capital market access and deep investor base across both Bond and Securitisation markets. Long standing
support from major UK banking institutions.
  FCA Regulated Yes
  Interest Range Bridging from 0.49% per month, Development from 1% per month
BTL from 5.99% per annum,
Commercial Mortgage from 7.90% per annum
  Base Rate N/A
  Security Types Residential, commercial and semi-commercial, most construction types and land
  Unacceptable Security Types Chemical works, contaminated properties, mobile homes
  Treatment of Interest Serviced, retained, rolled
  Max LTV 75%
  Max Loan to GDV 65%
  Max Loan to Cost 75%
  Min/Max Loan Term Bridging 1-12 months,
Term loans between 4-30 years
  Min/Max Loan Size £5k-£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, not required for land purchases
  Commission Rate From 1%
  Upfront fees Fees added to the loan
  Early Redemption Charges Bridging – no, term loans – variable
  Investment Yes
  Owner-occupied Yes, for business purposes only
  Interest-only Options Yes, up to 30 years
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