We pride ourselves on our flexibility and are always keen to listen to you. Please contact us to discuss your requirements.
These guidelines will help you assess whether your proposal fits our typical lending parameters:
- We lend against healthcare, NHS LIFT and PFI properties, portfolios or projects
- Loans range from £1m up to £100m against a single property or larger sums for portfolios
- We offer loans up to 100% of development costs, up to 95% of value for refinances and up to 95% of purchase price. Valuation to be provided by any of our panel of valuers.
- Loan duration normally 15 years or longer
- A competitive fixed rate of interest using Gilts as a benchmark
- We provide flexibility of repayment profile; all interest only, part interest only and part amortised, capital holiday periods, sculptured profiles around RPI and fixed rent uplifts etc. Appropriate level of debt reduction will be determined by the nature of the proposal and with reference to vacant possession or exit value as appropriate.
- Our income cover requirements are driven by quality of income, lease durations and the proposal fundamentals
- Arrangement fee 0.6% to 1% of the loan amount subject to a minimum of £6,000
If you have a proposal which falls outside the parameters detailed above, please contact us as we may still be able to consider it.