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Post by Collateral Rep on Feb 4, 2018 11:53:02 GMT
Morning,
We have 6 new Bolton Development tranches available now. These loans are offering interest at a rate of 15%.
As before we have split the loan into 6 parts, which we hope will help the Secondary Market.
1) Bolton Development Loan (6 drawdowns) Interest P/A - 15% Loan value of £100,000 (GDV value £8,515,000) LTV - 69%. Loan Term - 3 months (end date 30th of April)
You can see these loans in Available Loans now - these loan are offering interest at a rate of 15% per annum.
The development is scheduled to complete at the end of April 2018, this is dependant on all tranches being fully funded up to the end of the project.
Many thanks,
Gordon
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Post by Collateral Rep on Feb 5, 2018 9:55:01 GMT
Morning,
We have three new live loans and are in Available Loans now.
1) Property Interest P/A - 12% Loan value of £80,000 (value £115,000) LTV - 69.57% Loan Term - 6 months Bid Limit - £1,000 for first 3 hours
2) Property Interest P/A - 12% Loan value of £45,000 (value £65,000) LTV - 69.23% Loan Term - 6 months Bid Limit - £500 for first 3 hours
3) Property Development Loan Interest P/A - 13% Loan value of £60,658 (GDV value £8,900,000) LTV - 49.44% Loan Term - 6 months Bid Limit - £1,000 for first 3 hours
You can see these loan in Available Loans now.
Many thanks,
Gordon
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