r00lish67
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Post by r00lish67 on Dec 16, 2016 11:26:40 GMT
This one's currently available on the primary market and is a part-repaid renewal on a first charge loan against a rambling old house in Bath. Admittedly only 11% interest if you're not a big fish, but I'd take a 31% LTV @ 11% p.a. over a 70% LTV @ 13% anytime personally. Apparently it's not in great condition, but then that should be reflected in the valuation. I'm surprised it's not going faster, unless there's something I'm missing?
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SteveT
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Post by SteveT on Dec 16, 2016 12:50:25 GMT
Nope. It was one of the better loans IMO even before much of it was repaid early.
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