Funding throughout the United Kingdom.
Mezzanine:
Charge: 2nd charge security
Facility Amounts: £300k to £10m
Interest Rates: 16 – 18% (sustainable projects ) 18% - 20% (traditional projects)
Term available: 3m – 18 months
Lending parameters: 75% LTV 75% LTGDV 90% NET LTC
Applicable Opportunities: Residential ground up and PD, mixed use
Stretched Development:
Charge: 1st Charge Security
Facility Amounts: £1.5m to £10m
Interest Rates: from 9.6%
Term available: 12m – 24 months
Lending parameters: 75% LTV 75% LTGDV 90% NET LTC
Applicable Opportunities: Residential ground up and PD, mixed use
Bridging:
Charge: 1st and 2nd charge security
Facility Amounts: £300k to £10m
Interest rates: from 0.65%
Term available: 3m – 18 months
Security: Personal Guarantee, Corporate Guarantee, Company Debenture
Lending parameters: 75% LTV
Applicable Opportunities: Residential investment, PD, mixed use, Planning Gain