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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
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
Register as a Lender

If you would like to able to view the Loan Documents

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


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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