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Edinburgh (St James' Church) Residential Bridging Loan


Purchase a former Church with planning permission for 4 townhouses

Interested in this loan? Check the Resale Marketplace for availability

Loan Amount
£233,500
Loan Term
6 Months
Lender Interest Rate
6.25%
Loan To Value (LTV)*
44%
Key Loan Details

Annual interest
£14,593.75

Security
1st Legal Charge

Guarantee
Personal Guarantees from the directors for 25% of the Capital Value of the loan.

Interest serviceability
Interest to be retained

Capital Repayment
Refinance onto a Development Product

Purpose of loan
Bridging
Key Property Details

Valuation
£530,000

Use
Residential

Location
Edinburgh
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