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Renshaw Street Liverpool Loan Refinancing

Loan Amount
£300,000
Loan Term
36 months
REPAID
Lender Interest Rate
7.25%
Loan To Value (LTV)*
20% (covenant 30%)
Key Loan Details

Security
1st legal chargeover the Property
Additional collateral
Debenture from the Borrower
Interest serviceability
Interest will be funded by drawdown of this loan for the first 12 months and thereafter from net rental income
Capital Repayment
From refinance of the Propertyprior to expiry of the Term
Purpose of loan
To refinance an existing Relendex loan of £250,000 secured on the investment property at 78-82 Renshaw Street, Liverpool, L1 4EN (the "Property"), finance interest due under the loan for the first 12 months and provide a release of funds to the Borrower
Key Property Details

Valuation
£1,530,000
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
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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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