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Evesham Mixed Use Redevelopment Loan

To finance the purchase of the property and redevelopment of the upper floors in to 7 apartments above a let commercial unit (commercial tenant being Barclays Bank PLC) in Evesham, Worcestershire

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Loan Amount
Loan Term
12 months
Lender Interest Rate
8.25% p.a.
Loan To Value (LTV)*
Key Loan Details

Annual interest

1st legal charge

Personal guarantee from the borrower for all sums due under the loan

Additional collateral
Debenture from the SPV

Interest serviceability
From retained loan proceeds for the loan term

Capital Repayment
From a sale of the individual apartments

Purpose of loan
Purchase & Redevelopment
Key Property Details

£2,392,000 (Gross Development Valuation for Relendex)

Mixed Use

South West Midlands
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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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