acorn
Posts: 118
Likes: 23
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Post by acorn on Feb 21, 2015 20:59:38 GMT
M********l Bridging Loan
£375,000, 6 mths, 10%
LTV 75%
1 month interest retained, the rest serviced monthly
Auction started 18/02, 2pm, finished 6pm, Friday 20/02 (?)
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bugs4me
Member of DD Central
Posts: 1,844
Likes: 1,474
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Post by bugs4me on Feb 21, 2015 21:08:02 GMT
M********l Bridging Loan £375,000, 6 mths, 10% LTV 75% 1 month interest retained, the rest serviced monthly Auction started 18/02, 2pm, finished 6pm, Friday 20/02 (?) Relatively small amount so mopped up by underwriters but a BL at 75% LTV will not be for me.
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mikes1531
Member of DD Central
Posts: 6,452
Likes: 2,320
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Post by mikes1531 on Feb 21, 2015 21:37:44 GMT
M********l Bridging Loan £375,000, 6 mths, 10% LTV 75% 1 month interest retained, the rest serviced monthly Relatively small amount so mopped up by underwriters but a BL at 75% LTV will not be for me. And especially not with just one month of retained interest.
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niceguy37
Member of DD Central
Posts: 504 
Likes: 254
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Post by niceguy37 on Feb 22, 2015 15:57:56 GMT
Relatively small amount so mopped up by underwriters but a BL at 75% LTV will not be for me. And especially not with just one month of retained interest. And only 10%!
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