Clapham South Residential Redevelopment Loan - Stage 1


Loan to refinance and continue refurbishment works to a 5-bed Victorian property in Clapham South.

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Loan Amount
£525,000
Loan Term
12 months
Days to Repayment:
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
Key Property Details

Valuation
£1,775,000

Use
Residential

Location
London
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