Loan security - Ed's Mock Flashcards
Explain what a loan sec val is?
What is current BOE base rate?
How has this changed? How many increases since Sept 2022?
What happened in September 2022 which has impacted the base rate?
What is bridging and what are example lenders?
What are mainstream lenders? Give examples
What is a SWAP and how has the 5 year swap been behaving?
What does VPGA 2 advise on conflicts?
What is a MVSA? Examples?
What is current inflation level in UK?
How do interest rates and inflation interact?
What are typical LTVs? How have these changed since 2008?
How do lenders stress test suitability for lending?
What is interest cover?
How does a loan interact with a property?
In the event of loan default, how can a lender recover the loan?
In Kentish Town, what would discount be if valuing as a block and why would they be different?
In Kentish Town, where did you agree the SA?
In Kentish Town, how did you adjust voids between the investment method for MV and the comparable method for SA?
Kentish Town - what are national space requirements?
Mayfair - what was the long lease term?
Mayfair - when do banks typically stop lending on long leaseholds?
How did you value the long leasehold and what other techniques could you have used?
What did you include in your TOE for secured lending, rather than for internal reporting?
What part of the Red Book relates to floor areas?
In Mayfair, was there any enfranchisement potential?
