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Don't invest unless you're prepared to lose money. This is a high-risk investment. You may not be able to access your money easily and are unlikely to be protected if something goes wrong. Take 2 mins to learn more.
Residential New Build - Income producing

Loan Amount
£700,000
Loan Term
12 months
REPAID
Lender Interest Rate
8.88% p.a
Loan To Value (LTV)*
52%
Key Loan Details

Security
1st legal charge over the Property
Guarantee
Joint and several guarantee from the directors of the Borrower for all interest due under the loan
Additional collateral
1st Debenture from the Borrower
Interest serviceability
From retained loan proceeds and thereafter full net rental income received from the properties
Capital Repayment
From the sale of the individual apartments during the Term
Purpose of loan
To refinance the freehold property to facilitate a disposal programme
Key Property Details

Valuation
£1,340,000
Use
Residential
Location
South West
Virtual Data Room

Registered(Approved) Lenders may view Loan Documents such as the Valuation Report in more detail in our Virtual Data Room - hosted online by Box

Please contact Lender Support if you don't have access to Box
Register as a Lender

If you would like to able to view the Loan Documents
Relendex Limited is registered in England, Company Number 07486328
Registered Office: 99-100 Turnmill Street, London. EC1M 5QP

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Important Notice

Relendex Limited is authorised and regulated by the Financial Conduct Authority (FRN: 723117).

Lenders participating in these arrangements should be clearly aware that any sum lent through the Exchange is a loan and not a deposit and its repayment is not guaranteed. It is in the nature of an investment opportunity. Any investor should consider an appropriate spread of risk. Non-institutional investors should seek professional advice before lending through the Relendex Exchange.

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