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Loan details
Loan Ref
69566
Amount
£22,495.00
Risk Grade
S2
Interest Rate
10%
ISA Pot
Adventurous
Purpose
Home Imps
Term
60 months
Repayment
Capital repayment
Region
South East
App received via
Funded
£0.00
0.00%
Property details
Open market value
£998,000.00
Security
2nd Legal Charge
Exit strategy
Capital repayment
Loan to value (GDV)
12.60%
Loan to value (OMV)
12.60%
Borrower affordability ratio
Borrower asset and liability ratio
Description

A highly respected and successful GP who has been in practice for 40 years+. Employed by two surgeries as well as working as an out of hours doctor at the weekends. Applicant is using funds to carry out extensive home improvements on one of his two properties. The security is by way of a charge against his main residence.

The borrower has 25% liabilities & 75% assets with a strong established income.