FIXED RATE LOAN NOTES/BONDS
What is a Loan Note
Click hereA professionally structured instrument contractually binding a loan, its timescale and its interest payable
Acceptable criteria for the company to fund a project
Residential and Commercial Development projects with a net profit (average) on costs of 25% and above
Residential off plan projects with minimum of 20% reduction from current market value and minimum of 25% reduction on perceived Completion Value evidenced by appropriate due diligence and valuation report(s)
Projects must be located within London financial districts
FREQUENTLY ASKED QUESTIONS
Can a company Invest?
Yes subject to all acting Directors executing the security documents.
Can I incorporate this Investment as part of my SIPP or SSAS?
Yes our projects are both SIPP and SSAS compliant.
What happens to our investment if the required investment funding for each project is not attained?
If not fully attained within 60 business days following the date of the issue of the Notes, the Company will if requested redeem the Note/s at their principal amount together with all bank interest accrued.
What happens to our investment if the required investment funding for each project is oversubscribed?
We will contact potential investors upon receipt of the signed Investor Contract and receipt of funds and will arrange for both to be immediately returned or scaled down if appropriate. Investors will be accepted on a first come first served bases and Loan Notes will be issued once the company signs the Investor Contract, receives the investment money in cleared funds and the certificate will then be issued.
If the Investment ends up in default, how will the security be realised so the Investor gets his/her money back?
The Company holding the First Legal Charge acts as a security trustee for the Investors. If in default, it will enforce its Legal Charge and take all reasonable steps to sell the secured asset with the sole purpose of redeeming the Loan Note Holder.