| TOTAL LOAN AMOUNT | AMOUNT FOR ASSIGNMENT | INTEREST PER ANNUM |
LOAN-TO VALUE |
INVESTMENT PERIOD |
£408,163 | 8.0% | 57.0% | 2 months |
|---|
Property 1. Comprises of a split level ground and first floor one bedroom flat which is located behind a shop with rear access.
Property 2. Comprises of a one bedroom ground floor flat which is a former converted shop unit with front access. The property also has a first and second floor flat which access from the main road.
Property 3. Comprises of a mixed use three storey building. There is a commercial unit which is located on the ground floor and there are two studio flats situated on the upper floor level both have rear access
Property 4. Comprises of a mixed use building consisting of a light industrial building split into six workshops, a small office and a commercial unit.
Property 5. Comprises an end of terrace 5 bedroom dwelling arranged over ground and three upper floors which forms part of a larger development of similar properties which were constructed during the period 2010-2012. The property is undergoing conversion into two, two bedroom flats.
All the above properties are situated within close proximity to local transport links and amenities.
The borrower intends to repay the loan by refinancing.
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