The following exit routes are considered acceptable:
Maximum LTV
Maximum LTV is dependent on both the loan purpose and loan size Loan purpose: LTV is based on the Open Market Value and is inclusive of all fees and interest Loan size: LTV is based on the lower of purchase price or Open Market Value
Loan purpose
Loan security
First charge. First and second charge additional security.
Loan repayment method
Rolled interest
Loan amount
Minimum loan: £100,000 Maximum loan: £3.5million
Loan term
Minimum term: 1 month Maximum term: 18 months

