Secure small investment proposal
Contact & General Information
Listed By Contractorsbidding
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Location washinton,D.C,London,20012
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Services Servicing
Status ready
Listed $£260,000
Date Opened Jul 20, 2020
Bidding Time afternoon
Bidding Project Contact to Houseowner

I'm offering the sole first charge secured on a £260,000 unencumbered property (Ipswich area) in return for a loan in the region of £50,000
I'm offering 15% interest
The reason for the loan is that Covid has taken away 4 x months of my 12 x month loan agreement which still has to be paid by the due date. If I don't refinance it then the interest increases to 20%
The private lender will need his money back in 3 to 4 months and I want longer than this.
This has all been handled through my bricks and mortar local solicitors