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Waterloo Residential Investment Bridging Loan


Refinance of a single apartment in Waterloo into Borrower's sole ownership ahead of a future sale or refinance (the "Property").

Interested in this loan? Check the Resale Marketplace for availability

Loan Amount
£440,000
Loan Term
12 months
Lender Interest Rate
8.5% p.a.
Loan To Value (LTV)*
65%
Key Loan Details

Annual interest
£44,000

Security
2nd legal charge

Guarantee
Personal guarantee for a limited amount of capital and interest due under the loan.

Interest serviceability
Quarterly in arrears from retained loan proceeds for the full Term

Capital Repayment
From a sale of the Property on completion of the renovation works.

Purpose of loan
Refinance & Development
Key Property Details

Valuation
£775,000

Use
Residential

Location
South East
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

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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