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Post by fundingsecure on Jun 18, 2016 9:43:46 GMT
With apologies for the delay a status update and new estimate of value has been added to the loan details for the Northern Ireland loan renewal.
The overall summary is as follows:
This Loan Amount: £600k Secured by first legal charge on property in NI Security Value: £2.8m (Updated value)
Base interest of 12% pa. BONUSES Investment of £10,000 or more +1% = 13%pa Investment of £25,000 or more +2% = 14%pa Investment of £50,000 or more +3% = 15%pa
This Loan LTV: 21.2% Overall LTV: 40.6%
Interest Payable from today, 18th June
More details are available on the loan
FundingSecure
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SteveT
Member of DD Central
Posts: 6,875
Likes: 7,924
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Post by SteveT on Jun 18, 2016 9:50:25 GMT
Thanks. Will this loan only begin to accrue interest once filled and activated, or from a specific date?
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Post by fundingsecure on Jun 18, 2016 11:41:59 GMT
Stevet
Thanks for the nudge - have amended original post to confirm interest payable from today.
FundingSecure
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