Waterloo Residential Investment Bridging Loan


Refinance of a single apartment in Waterloo into Borrower's sole ownership ahead of a future sale or refinance (the "Property").

Interested in this loan? Check the Resale Marketplace for availability

Loan Amount
£440,000
Loan Term
12 months
Lender Interest Rate
8.5% p.a.
Loan To Value (LTV)
65%
Key Loan Details

Annual interest
£44,000

Security
2nd legal charge

Guarantee
Personal guarantee for a limited amount of capital and interest due under the loan.

Interest serviceability
Quarterly in arrears from retained loan proceeds for the full Term

Capital Repayment
From a sale of the Property on completion of the renovation works.

Purpose of loan
Refinance & Development
Key Property Details

Valuation
£775,000

Use
Residential

Location
South East
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Relendex Limited is registered in England, Company Number 07486328
Registered Office: 45 Pall Mall, St James's, London. SW1Y 5JG
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Relendex Limited is regulated in the United Kingdom by the Financial Conduct Authority and entered on the Financial Services Register - 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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