Merthyr Tydfil (Upper Colliers Row) Residential Development Loan -
Senior Tranche
To fund the acquisition of a site with planning permission for 8 houses and the site infrastructure works to prepare for individual plot sales
Interested in this loan? Check the Resale Marketplace for availability
IMPORTANT
For more information to help you understand the relative risks of Junior and Senior Tranche Loans - Click Here
For more information to help you understand the relative risks of Junior and Senior Tranche Loans - Click Here
Loan Amount
£360,500
Loan Term
12 Months
Lender Interest Rate
7%
Loan To Value (LTV)*
49%
Key Loan Details
Annual interest
£25,235
Security
1st Legal Charge
Guarantee
Personal guarantee for £225,000 in addition to all interest and cost overruns
Interest serviceability
Interest will be payable quartley in arrears from proceeds retained from the Loan
Capital Repayment
Sale of the plots upon completion
Purpose of loan
Development
Key Property Details
Valuation
£856,250
Use
Residential
Location
Wales
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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