The Crosby Hotel

Financial - Debt
Minimum Investment: £250
ROI: 10% - Fixed
Term: 12 Months - Fixed

This is a first charge development loan to fund the repurposing of an existing commercial unit into 9 residential apartments. Full planning permission has been granted. The borrower is looking to raise the remaining capital to complete the purchase and commence works. The investment is a fixed 10% interest loan, with deferred repayment until the end of a 12-month term and a 2% cashback bonus on investments over £25,000.

 

All loans made through the Platform are secured against UK property, however your capital is at risk. You should not invest more money through the Platform than you can afford to lose. In the event you suffer a loss of capital, you are not entitled to compensation from the Financial Services Compensation Scheme (FSCS).
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