25-06-2018, 04:39 PM
Anyone heard of or used Sourced ?
It is new to me, apparently "The largest property investment platform in the UK, used by over 100,000 investors".
Seem to be looking for MHs, but it looks like lower levels of investment are available online.
#InvestDifferently
Sourced are proud to release our latest P2P loan opportunity in the heart of Warrington. This is an opportunity to invest in an existing P2P structure to fund the final phase of this Commercial-to-Residential conversion.
Investment Summary
Loan required: £60,000
Loan interest: 10% per annum
Loan term: 6 months
Loan security: 1st legal charge
Max LTV: 72% (of GDV)
Minimum investment: £20,000
Project Summary
Address: 18 Winmarleigh Street, Warrington, WA1
Purchased: £210,000
Costs: £10,000
Conversion: £117,000 (incl. contingency)
GDV: £465,000
Overview:
Commercial-to-Residential conversion
Permitted development granted
Building Regulations approved
Full RICS survey available upon request
It is new to me, apparently "The largest property investment platform in the UK, used by over 100,000 investors".
Seem to be looking for MHs, but it looks like lower levels of investment are available online.
#InvestDifferently
Sourced are proud to release our latest P2P loan opportunity in the heart of Warrington. This is an opportunity to invest in an existing P2P structure to fund the final phase of this Commercial-to-Residential conversion.
Investment Summary
Loan required: £60,000
Loan interest: 10% per annum
Loan term: 6 months
Loan security: 1st legal charge
Max LTV: 72% (of GDV)
Minimum investment: £20,000
Project Summary
Address: 18 Winmarleigh Street, Warrington, WA1
Purchased: £210,000
Costs: £10,000
Conversion: £117,000 (incl. contingency)
GDV: £465,000
Overview:
Commercial-to-Residential conversion
Permitted development granted
Building Regulations approved
Full RICS survey available upon request