Close risk warning

As with most forms of investment, peer-to-peer lending carries a degree of risk to your capital; in this case, if the borrower is unable to repay their loan. At Assetz Capital, we seek to reduce this risk to our investors by taking asset security on every loan, with the added benefit of a discretionary Provision Fund for some of our investment accounts. Investment Account target interest rates should be considered along with the relevant Investment Account expected defaults & losses information. Past performance does not guarantee future performance. We recommend that prospective lenders read the Key Investor Information pages before investing.

Forth Homes Ltd

Forth Homes Ltd, Liverpool

With a peer-to-peer loan raised via Assetz Capital, experienced developers Peter Foxcroft and partners will build 22 residential properties on the grounds of a day nursery.

542

£4.0m

£7,322

Intro

Forth Homes Ltd needed a £4m property loan, split into tranches, to fund the building of 22 homes including both detached and semi-detached properties, aimed at the starter and executive markets.

After our Relationship Director Mark Davidson visited the site and assessed the proposal, we offered them an 18 month loan. To secure this loan we took the first legal charge of the property, Mortgage Debenture, Personal Guarantees and a Corporate Guarantee.

Forth Homes Ltd
Forth Homes Ltd

Impact

With the loan drawn down and the construction underway, the borrowers plans to repay the loan with the sale of the 22 individual units.

  View all case studies   Next case study