0149CF
BACK TO LOAN PORTFOLIO
TOTAL LOAN AMOUNT AMOUNT FOR ASSIGNMENT INTEREST
PER ANNUM
LOAN-TO
VALUE
INVESTMENT
PERIOD
£110,000 5.5% 27.5% 6 months
Assigned
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Additional Info

DRAWDOWN DATE : 07/04/2016
REDEMPTION DATE : 06/10/2016
FULL TERM OF THE LOAN : 6 months
INVESTMENT PERIOD : 6 months
CURRENT PROPERTY VALUE: £400,000
SECURITY : 1st charge
PROPERTY TYPE : Residential
TENURE: Freehold

The subject property comprises a two storey 1930s semi-detached house which has been extended with a single storey back addition and modernised throughout within the last three years.

The property is of traditional construction, with cavity brick walls under a pitched tiled roof, with metal windows and timber suspended floors.

Internally, the accommodation has been altered to provide a reception room at ground level and a kitchen-diner into the single storey back addition.

Externally, there is a paved forecourt to the front used as off-street parking, and to the rear a section of garden mainly laid to lawn.

 

The borrower intends to repay the loan by refinancing.