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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
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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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