Good News! The Yorkshire Gardens Loan
The Yorkshire Gardens loan (HCF184) has redeemed in full and earlier than expected.
This was a 12-month loan that redeemed 3rd February 2020 and paid 7.5% p.a. pro rata to investors. The loan was launched on our site 8th May 2019. All investors invested post the loan being made with their interest calculation commencing 14 days from receipt of funds so the interest calculation is for a shorter period than the loan term.
The loan was secured against a 3-bed terrace in Upper Edmonton, London valued at £425,000.
LTV of 54.5%
Minimum term – 8.5 month loan
Security – 2nd legal charge.
Investment amount £132,000
View all current live investments here.