PMF SPV 74 Loan Fixed 9% p.a secured loan for PM SPV 74 Ltd
16 Fleming Field, DH6 2JF, Durham
Loan to finance the purchase of a four bedroom terraced property for the purpose of renovating to sell.
12 months
Projected term
9%
Annual interest
56.28%
Loan to Value
1st charge
Security
£45,000
Fund amount
100%
Funded
Loan
1 investor
Project Description
Secured Loan
Available Loan
£45,000
Total Loan
£45,000
Total Security
£79,950
Borrower
PM SPV 74 Ltd
Solicitors
The Miah Solicitors
Start Date
08/12/2016
Estimated Term Remaining
Due
Project Overview
Loan to finance the purchase of a four bedroom terraced property for the purpose of renovating to sell.
Exit Strategy
Sale of the property on the open market as soon as possible.
Security Description
Property Type
House
Tenure
Freehold
Valuation Date
02/12/2016
Valuer
Spicer Haart
Valuation
£79,950