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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
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

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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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