| TOTAL LOAN AMOUNT | AMOUNT FOR ASSIGNMENT | INTEREST PER ANNUM |
LOAN-TO VALUE |
INVESTMENT PERIOD |
£504,000 | 7.0% | 60.0% | 6 months |
|---|
The first security property is a terraced house divided into 2 flats. The property is situated in a predominantly residential area close to all local amenities and transport services.
Walthamstow Central National Rail and Underground station is within walking distance.
The area is popular with families and in particular commuters due to the access to central London via the local train service.
Shopping, entertainment and transport services are a short walk away in Walthamstow.
The second security property is a 2- storey, 3 bedroom mid terrace Victorian house situated in a quiet residential area, with houses of similar age and construction.
It is a spacious accommodation, built in 1900’s and is of traditional construction, with solid brick walls.
The subject property is close to shops, leisure facilities and amenities, and is within 1 mile from Manor Park mainline train station. The property is within walking distance of East Ham underground station on the district line.
The borrower intends to repay the loan by refinancing.
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