Senior
Ground-up developments and major works.
LOAN: £500k - £5m
LTV (day 1): Up to 65% net
LTGDV: Up to 65%
LTC: 80% net
TERM: Up to 24 months
INTEREST: Rolled
RATES: From 0.75% pm (typical)
ARRANGEMENT FEE: 2% of Gross facility
EXIT FEE: Minimum 1% of Gross facility
VALUATION & LEGAL FEES: Market rate
Works
Ground-up developments, major works - We will fund 100% of the construction costs. Works greater than 50% of the property value are permitted.
