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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

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
Key Property Details

Valuation
£1,775,000

Use
Residential

Location
London
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Relendex Limited is registered in England, Company Number 07486328
Registered Office: 99-100 Turnmill Street, London. EC1M 5QP

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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