LAND WITH PLANNING BRIDGING
Catalyst Property Finance / Land With Planning BridgingLoans on property that benefits from outline or full planning consent
Lending Criteria Overview
| Borrower | Borrowers from 21 to 85 at end of term Borrowers with good credit history. Adverse by referral Borrower 3 year UK address history. Exceptions by referral Individual or LTD Co/LLP (offshore LTD Co considered) |
| Loan | Loan terms up to 24 months Loans up to £5 million (higher considered by exception) |
| Property | Predominantly a residential led scheme Commercial/mixed-use by referral Full planning required Outline by exception |
| Fees | No Early Repayment Charges Facility fees: 0% – 2% Procuration fees: 0% – 2% |
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Monthly Interest Rates From
| 60% LTV | 70% LTV | 75% LTV | |
| First Charge | 0.80% | 0.90% | 0.95% |
Monthly Interest Rates From
| First Charge | |
| 60% LTV | 0.80% |
| 70% LTV | 0.90% |
| 75% LTV | 0.95% |