HCD13 Springfield Coppenhall Way, Sandbach, Cheshire
All investor capital has now been repaid. All investors were emailed regarding the situation with regards to interest payments on 25/3/2020. An update email was sent to all lenders 23/12/20.
If you did not receive these emails, please contact our Member Support team on [email protected] and they will send you a copy.
We were looking to be able to pay any compensatory interest by the end of 2020, but this has been pushed back to the 1st quarter of 2021 due to the ongoing pandemic which has caused delays.
New build development of 10 semi-detached houses in Sandbach, Cheshire.
Work on site commenced: August 2017
Status of development: Work on site is now complete.
All units at this development have now been sold. All investors were emailed 25/3/2020 to explain the situation with regards to interest payments. Investors will be emailed when we have further news.
Fund Raises/Target Investor Returns:
Fund Raise/Phase 1 – 10% (all capital repaid to phase 1 investors)
Fund Raise/Phase 2 – 10% (as of 17th May 2019 all capital has been repaid to phase 2 investors)
Fund Raise/Phase 3 – 10% (as of 4th November 2019 all phase 3 capital has been repaid).
Fund Raise/Phase 4 – 8.5% (all now repaid)
Investor capital repaid:
All investor capital has been repaid.
Build update: The build is now complete and as of the end of June 2019 final quality checks are being conducted prior to the units being occupied.
Most Recent Development Images: