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Post by malcolmpiper on Dec 19, 2016 10:15:45 GMT
Alongside our pre-Christmas fixed rate return developemnt we're extending our Investor Offer giving a 2% uplift on return for the first £10,000 invested. Access your Peer Funding account at www.peerfunding.co.uk or call on 01243 850604The below deal qualifies for this promotion. Fixed Rate return: 0.75% per month (9% pa)raising to 1% per month for project overruns Regular income: Interest paid monthly Security: 1st Charge over property Directors Personal Guarantee: £250,000 Loan Summary: Property Development Loan Developer: Clutton Homes Minsterly Limited Development funding: £1,156,000 Initial Loan amount: £278,125 GDV: 65% Duration: 15 months Valuation and Exit Strategy: Exit on sale of units. This loan will be repaid from the first three unit sales, so it's first in - first repaid Chartered Surveyors future developed freehold valuation of £1,780,000 (3 units sold off plan already subject to contract) Located in Minsterley, Shropshire, a very commutable 9 miles from Shrewsbury. A joint venture between land owner and Clutton Homes Limited, a very experienced developer with recent completed sites in the area. Planning consent granted 22nd May 2015, application number 14/04165/FUL Full Offer Terms can be found at www.peerfunding.co.uk/wp-content/blogs.dir/33/files/2016/10/PFL-Early-Bird-Investor-Offer-Terms.pdfInvesting money through Peer Funding Limited means you are lending directly to UK registered small and medium sized businesses, and your capital is at risk. Investing money through Peer Funding Limited is not a guarantee of return, and past performance is not an indication of future returns. Peer Funding Limited is registered in England and Wales - No. 08773883 Peer Funding Limited is authorised and regulated by the Financial Conduct Authority (FRN 668078)
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