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Post by fundingsecure on Feb 14, 2016 18:17:46 GMT
New loan to be posted Monday, 15th February, at 3pm Secured by a legal first charge against a property in Cardiff Bay valued at £300,000 Loan Amount: £205,000 Interest: 12% pa LTV: 68% There will be a bid limit of £1,000 for the first 24 hours This is the first tranche of a facility loan. More detailsFundingSecure |
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Post by fundingsecure on Feb 18, 2016 19:15:04 GMT
New loan to be posted tomorrow, Friday 19th of February at 11am Secured against a Ferrari F430 Spider valued at £75,000. Loan Amount: £50,000 Interest: 12% pa LTV: 66.6% There will be a bid limit of £250 £500 for the first 24 hours More detailsFundingSecure CORRECTION - Apologies for the error - the limit on this loan is £500 |
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Post by fundingsecure on Feb 19, 2016 9:14:05 GMT
New loan to be posted later today, Friday 19th of February at 2pm Secured by a first legal charge against a plot of land in Hampshire valued at £800,000 Loan Amount: £560,000 Interest: 12% pa - Interest will be paid from today. LTV: 70% There will be no bid limit on this loan. More detailsFundingSecure |
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Post by fundingsecure on Feb 22, 2016 18:05:52 GMT
New loan to be posted on Tuesday 23rd of February at 10am. Secured against two gents Rolex watches valued at £15,000. Loan Amount: £10,000 Interest: 12% pa LTV: 66.67% There will be a £100 restriction for investors on this loan for the first 24 hours. More detailsFundingSecure |
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Post by fundingsecure on Feb 22, 2016 22:41:17 GMT
New loan to be posted on Tuesday 23rd of February at 2pm. Secured against property in Lancashire valued at £1.4m Loan Amount: £1,000,000 Interest: 12% pa LTV: 71.4% There will be no restrictions on this loan More detailsFundingSecure |
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peteuk
Member of DD Central
Posts: 120 
Likes: 100
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Post by peteuk on Feb 22, 2016 23:09:27 GMT
It says in the box,land with planning but the validation report says it is yet to be obtained , which is it?
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Post by fundingsecure on Feb 23, 2016 9:09:53 GMT
We can confirm that planning permission has been obtained. This is also confirmed in the updated letter sent by the valuer.
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Post by fundingsecure on Feb 23, 2016 21:45:56 GMT
Two new loans, both of which will be posted tomorrow, Wednesday 24th February at 12 noon. 1) Secured by a second legal charge on property in Somerset valued at £1,015,000 Loan Amount: £50,000 Interest: 12% pa Overall LTV: 54.2% There will be a restriction of £250 for the first 24 hours More details2) Secured by a marine mortgage on a 52ft Sports Cruiser valued at £150,000 Loan Amount: £50,000 Interest: 12% pa Overall LTV: 33.3% There will be a restriction of £250 for the first 24 hours More detailsFundingSecure |
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Post by fundingsecure on Feb 24, 2016 16:02:07 GMT
New loan to be posted on Thursday 25th of February at 2pm. Secured by a first legal charge against property in Thornton valued at £2.35m Loan Amount: £1,430,500 Interest: 12% pa LTV: 60.9% There will be no restrictions on this loan More detailsFundingSecure |
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Post by fundingsecure on Feb 24, 2016 21:31:37 GMT
New loan to be posted on Thursday 25th of February at 11am. Secured by a first legal charge against part-completed development in Warminster, Wiltshire valued at £775,000 Loan Amount: £550,000 Interest: 12% pa LTV: 70.9% There will be no restrictions on this loan More detailsFundingSecure |
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Post by fundingsecure on Feb 25, 2016 12:11:18 GMT
New loan to be posted on Friday 26th of February at 12 noon. Secured by a first legal charge against two properties in Yorkshire valued at £330,000 Loan Amount: £135,000 Interest: 11% pa LTV: 40.9% There will be a restriction of £10,000 for the first 24 hours £10,000 is correct - to respond to requests from some investors who only like to invest larger sums. So, occasionally, larger limits will be set - to be fair to all investors. More detailsFundingSecure |
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Post by fundingsecure on Feb 26, 2016 10:24:12 GMT
Loan Cancellation
RE: Loan ID: 8135022503
During the final stages of the legal process information has come to light that unfortunately means the level of security would not be sufficient to cover the loan amount.
Reluctantly we have therefore decided to cancel the loan with immediate effect.
All funds will be returned to investors shortly.
FundingSecure
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Post by fundingsecure on Feb 26, 2016 10:28:41 GMT
New loan to be posted at 11 am this morning Secured by a first legal charge on property in Herne Bay currently valued at £300,000 Loan Amount: £170,000 Interest: 12% pa - payable from today. LTV: 56.7% There will be a restriction of £5,000 for the first 24 hours More detailsFundingSecure |
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Post by fundingsecure on Feb 26, 2016 12:21:02 GMT
BONUSES NOW ADDED TO SPEED UP FUNDING ON LANCASHIRE LOAN
As the borrower is now keen to complete this transaction, they have agreed to fund bonuses as follows:
Investments of £25,000 and over 1% i.e. pays 13% pa
Investments of £50,000 and over 2% i.e. pays 14% pa
Investments of £100,000 and over 4% i.e. pays 16% pa
LOAN DETAILS:
Secured against property in Lancashire valued at £1.4m
Loan Amount: £1,000,000
Base Interest: 12% pa
LTV: 71.4%
FundingSecure
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Post by fundingsecure on Feb 26, 2016 18:03:45 GMT
New loan to be posted Saturday 27th February at 11am. Secured by a first charge on a property valued at £1.1m Loan Amount: £600,000 Interest: 12% pa Total LTV 63.8% There will be no restriction on this loan. More detailsFundingSecure |
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