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                                    Product types Bridging, Refurbishment, Development & Mezzanine FinanceCharges 1st, 2ndFunding model Institutional funding lines, PrivateFCA regulated NoInterest range Bridging from 0.95% pm, Refurbishment from 0.95% pm, Development from 11.5% pa, Mezzanine from 16% paFixed/variable interest Fixed, VariableTreatment of interest & default interestRolled, Retained, Serviced, Part & Part.1% standard rate applied unless otherwise agreedSectors Residential, HMO, Commercial, Mixed-use, Land, DevelopmentMax LTV 85%Max LTGDV 70%Max LTC 90%Min & max loan term 3-24 monthsMin & max loan size £250k - £10mMin property value £250kValuation retypes YesRental calculations & exposure Case-by-case basisGeographical lending areas England and WalesTypes of valuation accepted Red BookNew builds YesHeavy Refurb YesGrade listed buildings YesGreen/Sustainable product NoPlanning permission needed Typically, yesCommission rate Up to 2%Associations/Charters NACFB, FIBATypes of landlords accepted AllUpfront fees NoBroker portal NoEarly redemption charges NoInvestment YesOwner occupied Business purposes onlyElectronic signatures accepted YesLending on land YesLender Index | 55
                                
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