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Greater Manchester Bridging Loan



Interested in this loan? Check the Resale Marketplace for availability

Loan Amount
£660,000
Loan Term
12 months
Lender Interest Rate
10.5% p.a.
Loan To Value (LTV)*
69%
Key Loan Details

Annual interest
£79,200
Security
1st Legal Charge
Interest serviceability
Retained from the loan 6 months and serviceable from rents thereafter.
Capital Repayment
From a refinance of the properties with a term funder.
Purpose of loan
To refinance 4 adjacent retail units in Ashton-in-Makerfield, Greater Manchester, and a semi-detached house in a Liverpool suburb
Key Property Details

Valuation
£960,000
Use
Retail
Location
North West
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

Please contact Lender Support if you don't have access to Box
Register as a Lender

If you would like to able to view the Loan Documents
Relendex Limited is registered in England, Company Number 07486328
Registered Office: 99-100 Turnmill Street, London. EC1M 5QP

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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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