Monthly Archives - September 2017

45% loan-to-value provides substantial security cover

The latest quarterly review of security cover for REAL Bondholders - comparing the value of bonds against the value of property security - shows a loan-to-value ratio of only 44.8%.  A figure below 50% implies that sufficient returns would be generated to redeem Bondholders' investments even if property values were to slump by half. REAL director Alan Bate comments, "We continue to see strong demand for the finance provided by REAL Bonds with availability of generous first and second-charge security. [...]