Monthly Archives - January 2018

Two new loans demonstrate borrowers’ keen appetite

Two new loans since November are keeping bondholders' investments in profitable use.  One is financing a residential redevelopment nearing completion in Tonbridge, the other relates to the conversion of a former Surrey nursing home into modern studio flats.  Both loans are secured by first charges over the properties.  Meanwhile a previous loan has reached maturity and the borrower has repaid the advance, with full interest. Taking account of these recent changes to the loan book, the loan-to-value ratio reveals that [...]