Loan Details - Liverpool Mixed Use Investment Loan

LOAN AMOUNT
£365,000
LOAN TERM
24 months
Days to Repayment:
LENDER INTEREST RATE
8.5% p.a.
LOAN TO VALUE (LTV)
56%
Liverpool Mixed Use Investment Loan

To refinance two mixed use retail/residential properties in a Liverpool suburb with the residential parts let to a social housing provider.

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KEY LOAN DETAILS
Security:
1st Legal Charge
Interest serviceability:
By Borrower from net rental income
Capital repayment:
From a refinance of the properties with a term funder
Purpose of loan:
Refinance
KEY PROPERTY DETAILS
Valuation / Est. current value:
£650,000
Use:
Retail/Residential
Location:
North West

Important Notice

 

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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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