| TOTAL LOAN AMOUNT | AMOUNT FOR ASSIGNMENT | INTEREST PER ANNUM |
LOAN-TO VALUE |
INVESTMENT PERIOD |
£419,250 | 7.0% | 65.0% | 9 months |
|---|
The first property is a 2 storey semi-detached house with 3 bedrooms. It has been constructed in the traditional manner for residential buildings of this type.
The property also consists of a garage in the rear garden.
Hillingdon is an area popular with families and in popular commuters due to the access to central London via the local train service.
The second property is an ex local authority flat in a purpose built block with 4 bedrooms on the 1st and 2nd floor of a 5 storey building. It has also been constructed in the traditional manner for residential buildings of this type.
Both of the properties are situated in a residential street close to all local amenities and transport services. The properties in the street are generally of a similar nature.
Shopping, entertainment and transport services are a short drive away for both security properties.
The borrower intends to repay the loan by re-financing.
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