Simpler, Faster Easier

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1 BRIDGING Simpler, Faster Easier When we say YES we mean it.

2 About us 10 Great Reasons to call us We are a privately funded bridging lender with offices in London and Manchester. We offer first charge bridging loans on non-owner occupied residential and commercial properties with loans from 27,500 to 1,000,000. We have a variety of different products available to borrowers; from a simple loan to fund the purchase or refinance of a property where we can offer up to 75% of the value of the property to a loan for a heavy refurbishment project where we can offer up to 100% of the purchase price and 100% of the refurbishment costs. We lend across England and Wales and can lend from as short as 1 day to as long as 18 months. We underwrite all our loans with a common sense approach. We have guaranteed funds available to lend and structure every loan to meet the borrower s needs. Our overriding objective is to provide a fast, reliable and transparent service to professional borrowers. We are patrons of the NACFB and members of the AOBP When we say YES we mean it. There are never last-minute changes or re-negotiations. We have the expertise in house. It means we can say YES When quicker, we say and YES more we mean reliably. it. There 6 are never last-minute changes or re-negotiations. We are privately funded. We make our own decisions and do not require external approval or consent. We have the expertise in house. It We have no pre-conditions or set We send the funds in advance of completion. means we can say YES quicker, and loan We criteria. do this Every loan is priced and to eliminate the waiting and worrying. more reliably. underwritten on it s own merit. We send the funds in advance of Brokers can influence the rate we completion. We have We no do pre-conditions this to eliminate or set loan criteria. charge. Every loan The more information is priced and underwritten on its own merit. the waiting and worrying. provided; the lower the cost of the loan. We don t need a full application. We only seek limited We provide information a dedicated for an in-principle account offer. 10 manager. It means there s a direct line of contact at all times. 7 9 We are available 24/7 to underwrite loans. We are extremely tenacious and will do our best to help. We provide a dedicated account manager. It means there s We are a direct privately line funded. of contact We at make all times. our We don t need a full application. We 8 own decisions and do not require only seek limited information for an external approval or consent. in-principle offer. We are available 24/7 to underwrite loans. We are extremely tenacious and will do our best to help. Brokers can influence the rate that we charge. The more information provided; the lower the cost of the loan. We offer a unique commission structure. We always pay commission as soon as a loan completes. We offer a unique commission structure. We always pay commission as soon as a loan completes.

3 Let s hear it from YOU At last, a lender as refreshing as their name! Well done Mint and keep up the good work! Since being introduced to Mint we have at last found a Bridger with a modern approach combined with an old school attitude towards courteous client services. With everything that s going on at the moment, it was great to have a voice of reason to speak to. Mint Bridging provided me with sound, intelligent advice, and an efficient professional service. From someone who has ran a Bridging Company and is now working on the other side as a Broker it is refreshing to have found a lender who delivers what they promise. Quick decision making is key in bridging. The fact that the business development managers are empowered to both make the decisions and be involved in the whole process was very refreshing. Just a quick note to pass on our gratitude for the way you have helped over the past 12 months. The raison d etre was truly tested when Mint Bridging were approached with the re-finance of my property. They were true to their word and they delivered the funds to a very tight deadline. Short term finance tends to always be based upon pressured timelines. So it s great to have the backing of people who understand these demands and who will work outside normal working hours to ensure completion dates are met. It s the perfect partnership. clients, Thanks again and I can honestly say, you continue to be our first point of call with any new enquires we have. We are delighted with the service we get from the Mint team and have no hesitation in recommending you to all our contacts and introducers. Mint have a flexible approach to LTV s, rates and terms and a take a common sense view on every deal. Their experienced underwriters negotiate and discuss cases at times outside the normal 9-5. Mint have provided us with a much needed niche in the market. With in-house solicitors providing the final piece in the jigsaw we would recommend Mint to any of our peers. I recently gave Mint Bridging a sophisticated transaction which I found difficult to place with other lenders. Mint helped me restructure the purchase and went that extra mile to see the whole process through. Very impressed, I will definitely use them again.

4 Success Stories 100%? - no problem The client secured land with outline planning consent but saw the opportunity to seek a planning gain. We assisted the client in structuring the deal whereby there was an element of deferred consideration based upon receipt of an agreed planning approval. We were able to advance 100% of the initial purchase price against the initial valuation. We committed to providing the deferred consideration on receipt of the improved planning approval, against the increased valuation. Quick bridging saves the day A customer had an unmissable opportunity to buy the last house in a new development at a discounted price but to secure the discount he had to complete within 2 weeks. After contacting a number of high street banks who had agreed to the loan in principle he was unable to find a bank who would lend against the property s full value now it had a discounted price. The 2 week timescale was also a problem. The customer came to us and we not only completed the deal within 4 working days but were able to lend on the full purchase price, not just the discounted purchase price. The customer was then able to arrange a buy-to-let re-mortgage to redeem the bridging loan. VAT Bill - sorted A customer had an outstanding VAT bill and was given one week to pay on a final demand. The customer was in the process of re-mortgaging a portfolio of buy-to-let properties so was unable to release enough equity. The customer didn t want to risk waiting for the re-mortgages to complete so he contacted us - we were able to complete the loan within 48 hours. The customer s re-mortgages completed shortly after and this redeemed the loan. Auction deadlines A customer was successful in purchasing an investment property from auction but had to complete within 28 days. Although the customer s bank agreed the finance in principle they would have struggled to complete the loan within the timescale. Fearing he may lose his deposit, he contacted us and we completed the loan within 5 working days. He was then able to re-mortgage with his bank to redeem the loan. Get in touch: Call on: Visit our Website: Send us an info@platinumoptions.co.uk Our Address: First Floor Prince of Wales House 3 Bluecoats Avenue Hertford SG14 1PB Mint Bridging is a trading name of Mint Bridging Ltd, Registered in England. Registered Number:

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6 Product overview projects. General lending criteria FEES: Arrangement fee of 2% subject to a minimum fee of 1,000 to Mint Bridging. LTD LIMITED COMPANY: UK Limited companies only, personal guarantee and debenture required. BUILD COSTS: Mint Bridging will lend up to 100% of the build costs on a drawdown basis. i PAYMENT OPTIONS: Interest can be deducted from the advance or serviced by the borrower monthly. ADDITIONAL SITE VISITS: Prior to each drawdown a site inspection will be required at a cost that is payable by the borrower. LEGAL FEES: Legal work will only commence on receipt of the legal undertaking from the borrowers solicitors. LTV MAX LTV: Up to 70% of site value and 100% of build cost. AGE RANGE: <> LOAN SIZE: 27,500-1,000,000. CREDIT HISTORY: All types of credit history considered. % INTEREST RATE: From 0.99% - 2% per month, subject to status. UPFRONT FEES: Borrower will be responsible for the valuation fee. LOAN TERM: 1-18 months. VALUATION FEES: All valuation fees must be paid up front. MIN DRAWDOWN: 10,000. OTHER FEES: LEASES: Minimum 50 years remaining for leasehold properties. EXIT EXIT ROUTE: Evidence of satisfactory exit route is required in all cases. Get in touch: Call on: Send us an info@platinumoptions.co.uk Visit our Website: Mint Bridging is a trading name of Mint Bridging Ltd, Registered in England. Registered Number:

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8 Product overview This product has been designed to help fund projects where the client needs up to 100% of the purchase price or refurbishment costs. It is usually for experienced developers or investors. FEES: Arrangement fee of 2% subject to a minimum fee of 1,000 to Mint Bridging. General lending criteria LTD LIMITED COMPANY: UK Limited companies only, personal guarantee and debenture required. BUILD COSTS: Mint Bridging will lend up to 100% of the build costs on a drawdown basis. i PAYMENT OPTIONS: Interest can be deducted from the advance or serviced by the borrower monthly. <> % ADDITIONAL SITE VISITS: Prior to each drawdown a site inspection will be required at a cost that is payable by the borrower. LOAN SIZE: 27,500-1,000,000. INTEREST RATE: From 0.99% - 2% per month, subject to status. LOAN TERM: 1-18 months. LEGAL FEES: Legal work will only commence on receipt of the legal undertaking from the borrowers solicitors. AGE RANGE: CREDIT HISTORY: All types of credit history considered. UPFRONT FEES: Borrower will be responsible for the valuation fee. MIN DRAWDOWN: 10,000. LEASES: Minimum 50 years remaining for leasehold properties. VALUATION FEES: All valuation fees must be paid up front. OTHER FEES: EXIT EXIT ROUTE: Evidence of satisfactory exit route is required in all cases. Get in touch: Call on: Send us an info@platinumoptions.co.uk Visit our Website: Mint Bridging is a trading name of Mint Bridging Ltd, Registered in England. Registered Number:

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10 Product overview property. General lending criteria FEES: Arrangement fee of 2% subject to a minimum fee of 1,000 to Mint Bridging. LTD LIMITED COMPANY: UK Limited companies only, personal guarantee and debenture required. ADDITIONAL SITE VISITS: Prior to each drawdown a site inspection will be required at a cost that is payable by the borrower. i PAYMENT OPTIONS: Interest can be deducted from the advance or serviced by the borrower monthly. LTV <> % MAX LTV: Up to 75% loan to value. LOAN SIZE: 27,500-1,000,000. INTEREST RATE: From 0.99% - 2% per month, subject to status. LOAN TERM: 1-12 months. LEASES: Minimum 50 years remaining for leasehold properties. LEGAL FEES: Legal work will only commence on receipt of the legal undertaking from the borrowers solicitors. AGE RANGE: CREDIT HISTORY: All types of credit history considered. UPFRONT FEES: Borrower will be responsible for the valuation fee. VALUATION FEES: All valuation fees must be paid up front. OTHER FEES: EXIT EXIT ROUTE: Evidence of satisfactory exit route is required in all cases. Get in touch: Call on: Send us an info@platinumoptions.co.uk Visit our Website: Mint Bridging is a trading name of Mint Bridging Ltd, Registered in England. Registered Number:

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12 Product overview the property. General lending criteria FEES: Arrangement fee of 2% subject to a minimum fee of 1,000 to Mint Bridging. LTD LIMITED COMPANY: UK Limited companies only, personal guarantee and debenture required. ADDITIONAL SITE VISITS: Prior to each drawdown a site inspection will be required at a cost that is payable by the borrower. i PAYMENT OPTIONS: Interest can be deducted from the advance or serviced by the borrower monthly. LTV <> % MAX LTV: Up to 75% loan to value. LOAN SIZE: 27,500-1,000,000. INTEREST RATE: From 0.99% - 2% per month, subject to status. LOAN TERM: 1-12 months. LEASES: Minimum 50 years remaining for leasehold properties. LEGAL FEES: Legal work will only commence on receipt of the legal undertaking from the borrowers solicitors. AGE RANGE: CREDIT HISTORY: All types of credit history considered. UPFRONT FEES: Borrower will be responsible for the valuation fee. VALUATION FEES: All valuation fees must be paid up front. OTHER FEES: EXIT EXIT ROUTE: Evidence of satisfactory exit route is required in all cases. Get in touch: Call on: Send us an info@platinumoptions.co.uk Visit our Website: Mint Bridging is a trading name of Mint Bridging Ltd, Registered in England. Registered Number:

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14 Product overview This product has been designed for borrowers on existing bridging loans looking to re-bridge their loans to another lender. We lend up to 65% loan to value of the property. General lending criteria FEES: Arrangement fee of 2% subject to a minimum fee of 1,000 to Mint Bridging. LTD LIMITED COMPANY: UK Limited companies only, personal guarantee and debenture required. LTV <> % MAX LTV: Up to 65% loan to value. LOAN SIZE: 27,500-1,000,000. INTEREST RATE: From 0.99% - 2% per month, subject to status. LOAN TERM: 1-12 months. LEASES: Minimum 50 years remaining for leasehold properties. i PAYMENT OPTIONS: Interest can be deducted from the advance or serviced by the borrower monthly. LEGAL FEES: Legal work will only commence on receipt of the legal undertaking from the borrowers solicitors. AGE RANGE: CREDIT HISTORY: All types of credit history considered. UPFRONT FEES: Borrower will be responsible for the valuation fee. VALUATION FEES: All valuation fees must be paid up front. OTHER FEES: EXIT EXIT ROUTE: Evidence of satisfactory exit route is required in all cases. Get in touch: Call on: Send us an info@platinumoptions.co.uk Visit our Website: Mint Bridging is a trading name of Mint Bridging Ltd, Registered in England. Registered Number:

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16 Product overview This product has been designed for experience landlords or developers who are undertaking light refurbishment projects. We lend upto 75% loan to value of the property. General lending criteria FEES: Arrangement fee of 2% subject to a minimum fee of 1,000 to Mint Bridging. LTD LIMITED COMPANY: UK Limited companies only, personal guarantee and debenture required. BUILD COSTS: Mint Bridging will lend up to 100% of the build costs on a drawdown basis. i PAYMENT OPTIONS: Interest can be deducted from the advance or serviced by the borrower monthly. ADDITIONAL SITE VISITS: Prior to each drawdown a site inspection will be required at a cost that is payable by the borrower. LEGAL FEES: Legal work will only commence on receipt of the legal undertaking from the borrowers solicitors. LTV MAX LTV: Up to 75% of site value and 100% of build cost. AGE RANGE: <> LOAN SIZE: 27,500-1,000,000. CREDIT HISTORY: All types of credit history considered. % INTEREST RATE: From 0.99% - 2% per month, subject to status. UPFRONT FEES: Borrower will be responsible for the valuation fee. LOAN TERM: 1-12 months. VALUATION FEES: All valuation fees must be paid up front. MIN DRAWDOWN: 10,000. OTHER FEES: LEASES: Minimum 50 years remaining for leasehold properties. EXIT EXIT ROUTE: Evidence of satisfactory exit route is required in all cases. Get in touch: Call on: Send us an info@platinumoptions.co.uk Visit our Website: Mint Bridging is a trading name of Mint Bridging Ltd, Registered in England. Registered Number: