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
101 investors

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
1 month

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