Latest review reveals generous security cover

Latest review reveals generous security cover

At the end of May, the latest quarterly assessment for REAL Bonds Series 5 & 6 continues to show generous security cover.  Loans represent only 45.4% of the value of the security pool, still well below the scheme’s maximum permitted 75% loan-to-value.  Director Alan Bate comments, “We see no reduction in demand for our financing facilities from experienced developers and landlords offering sound security, which will allow us to deploy fresh bond subscriptions well within the scheme’s mandate.”.

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