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Windsor (Mounts Hill) Residential Development Stage 2 Loan

Completion of the comprehensive redevelopment and extension of a single detached, 4-bedroom house on a c.1-acre plot in Windsor

Loan Amount
£220,000
Loan Term
10 Months
Lender Interest Rate
6.75%
Loan To Value (LTV)*
33%
Key Loan Details

Annual interest
£14,850
Security
1st Legal Charge
Guarantee
The loan is in the personal names of the borrowers and thus there is full recourse to them personally for all sums due under the loan
Interest serviceability
Interest will be payable quarterly in arrears from proceeds retained from the loan
Capital Repayment
Sale of the property on completion
Purpose of loan
Development
Key Property Details

Valuation
£1,700,000
Use
Residential
Location
South East
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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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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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