East Clandon (Blakes Farm) Residential Development Loan
Construction of single house for sale
Interested in this loan? Check the Resale Marketplace for availability
Loan Amount
£265,000
Loan Term
18 Months
Lender Interest Rate
6.00%
Loan To Value (LTV)*
16%
Key Loan Details
Annual interest
£15,900
Security
1st Legal Charge
Interest serviceability
Interest will be serviced subject to a 3 month deposit being held by Relendex
Capital Repayment
Sale of the completed house
Purpose of loan
To provide funds to complete the development works
Key Property Details
Valuation
£3,250,000
Use
Residential
Location
South East
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