Clapham South Residential Redevelopment Loan - Stage 1
Loan to refinance and continue refurbishment works to a 5-bed Victorian property in Clapham South.
Interested in this loan? Check the Resale Marketplace for availability
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Loan Amount
£525,000
Loan Term
12 months
Lender Interest Rate
8.25% p.a.
Loan To Value (LTV)*
50%
Key Loan Details
Annual interest
£52,500
Security
1st legal charge
Interest serviceability
Retained from loan proceeds for the loan term
Capital Repayment
From the sale or refinance prior to expiry of the term
Purpose of loan
Refinance
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Key Property Details
Valuation
£1,775,000
Use
Residential
Location
London
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