Burgess Hill High Street



Loan Amount
£200,000
Loan Term
36 months
REPAID
Lender Interest Rate
6.5% p.a.
Loan To Value (LTV)*
73% initial, reducing to 59% on refurbishment
Key Loan Details

Security
1st legal charge over the Property

Interest serviceability
137% initial, increasing to 189% within 3 months

Capital Repayment
From a refinance of the Property prior to expiry of the Term

Purpose of loan
To finance the acquisition of a semi-commercial and partly-let investment property in Burgess Hill, West Sussex
Key Property Details

Valuation
£275,000 initial, increasing to £340,000 on refurbishment.

Use
Retail / Residential

Location
West Sussex
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: 45 Pall Mall, St James's, London. SW1Y 5JG

Important Notice

Relendex Limited is regulated in the United Kingdom by the Financial Conduct Authority and entered on the Financial Services Register - 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.

View Notice in full
Relendex Limited adheres to the General Data Protection Regulation
(c) Relendex Limited 2018 All rights reserved View our Privacy Policy