Our latest Investment FOLKUS is on an extensive Scottish estate seeking funds to refinance an existing loan and to fund infrastructure costs for 66 individual self-build plots prior to sale. 18 months’ interest cover held.
INTEREST RATE
6.5% p.a.
LOCATION
Scotland
LTV
Max. 60% (Open Market Value)
TERM
4 years maximum
SECURITY
- Listed house comprising 11 suites trading as wedding/hotel establishment
- Castle dated 1120 with associated grounds
- 19-hole golf-course, pro shop, member/non-member facilities, the Glass House restaurant, stable block, adjoining cottages, engine shed.
- Parkland categorised as a ‘design landscape of historic and architectural importance’
- Two development sites with outline planning consent for 66 residential units
- Farmhouse with 10 acres
Next steps:
To express your interest in this investment go here and click on the loan
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