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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.
Bridge House Residential Redevelopment Mezzanine Loan

Loan to a potential RSP candidate to continue the redevelopment of a grade 2 listed former Victorian merchant's house into 3 large apartments and a separate detached 4-bedroomed cottage.

Interested in this loan? Check the Resale Marketplace for availability

Loan Amount
£540,000
Loan Term
6 Months
Lender Interest Rate
11%
Loan To Value (LTV)*
75%
Key Loan Details

Annual interest
£59,400
Security
2nd charge over the property
Guarantee
The loan is in the personal name of the borrower and thus there is full recourse to them personally for all sums due under the loan
Interest serviceability
Interest will be payable quarterly in arrears from proceeds retained from the loan
Capital Repayment
Sale of the units or refinance on completion
Purpose of loan
Development
Key Property Details

Valuation
£3,120,000
Use
Residential
Location
Liverpool
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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