Prestwick Residential Development Loan


Loan to build 11 detached residential properties

Loan Amount
£1,100,000
Loan Term
12 months
Lender Interest Rate
8.5%
Loan To Value (LTV)
70%
Key Loan Details

Security
1st Legal charge

Guarantee
Personal guarantee from the Directors

Capital Repayment
Sale or Refinance of properties

Purpose of loan
Building
Key Property Details

Valuation
£3,823,612

Use
Residential

Location
Ayrshire
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Please note: loan details are subject to change up to the date of listing


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