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Don’t invest unless you’re prepared to lose money. This is a high risk investment. You may not be able to access your money easily and are unlikely to be protected if something goes wrong. Take 2 mins to learn more.

The Chantry

Earn 14% p.a. secured on assets. ISA eligible.

Interest
14%
per annum
Invest from:
£100
Choice of term:
9 months
Repayments:
At the end of the term
Investment type:
P2P Loan
Target raise:
£226,000
Amount raised:
£221,182

Repayments of interest

Interest is paid on the capital invested in accordance with the stated Repayments. The capital is repaid as a lump sum at the end of the term.

The Chantry, an ISA eligible, P2P investment, offering 14% p.a. interest

Bishops Lane Ringmer LLP would like to borrow a total of £226,000 via a PDL loan to finance the development of 2-bed semis (6), 3-bed detached (2) and 4-bed detached houses (2) in Ringmer Village in the Lewes District of East Sussex. The Loan is classed as a PDL Exit product because the funding will be used to complete the work and sell the remaining houses.

How investing in the The Chantry P2P investment works

The investment offers 14% p.a. interest over a 9 month term with interest and principal invested repaid at the end of the term. The funding will be mezzanine funding to top up senior lending from Avamore Capital. It represents a LTGDV of 74.01%.

Giving you better security on your investment

The investment benefits from multiple layers of security. First, a second ranking debenture over the assets, property, and undertaking of the Borrower.

Second, a second ranking legal charge over the Property of the Borrower. Third, there will be a personal guarantee provided by the Guarantor(s).

Finally, the principal amount of the aggregate of all Loans and the loan advanced by the Senior Lender used to fund the development, shall not be greater than 75% of the Gross Development Value and 85% of the Loan to Cost of the property development.

 

So how much interest will I receive?

It’s simple – if you invest £1000 (for example) you receive back this capital plus £105 interest at the end of the 9 month loan term. Interest is paid directly into your account on the Crowdstacker P2P platform or your bank account. Take a look at our interest calculator below to work out what your specific investment could yield.

 

Can I hold my investment tax efficiently?

At Crowdstacker we offer two accounts which offer you tax efficient benefits:

Crowdstacker Innovative Finance ISA - pays interest gross and allows you to earn interest tax-free. You can invest up to £20,000 in this tax year 2022/23.*

Crowdstacker P2P Account - pays interest gross and is eligible for up to £1,000 tax-free interest under the Personal Savings Allowance.*

 

*Please note tax benefits are subject to your own personal tax status.

 

More about the development

The development comprises a mix of 2-bed semis (6), 3-bed detached (2) and 4-bed detached houses (2) with associated infrastructure including roads, pavements, and landscaping part of which has been completed. The houses are at varying levels of completion with four of the 2-bed semi-detached houses finished, all of the others except one of the 4 beds, requiring internals and landscaping. The 4 bed also has a garage which is not yet completed. The estimated cost of the outstanding works is £150,000.

 

More about Crowdstacker

Crowdstacker is an award-winning P2P investment and ISA provider, bringing you handpicked investments, many of which offer a social or community benefit.

Please note the target raise will be filled on a first come first-served basis.

Your capital is at risk when you lend to businesses.

The finer details

Six great reasons to lend to The Chantry Loans.

Security - How secure is my investment?
Security

How secure is my investment?

Rate of interest - What interest rate will I receive?
Rate of interest

What interest rate will I receive?

Payment frequency - How often will I receive interest?
Payment frequency

How often will I receive interest?

Term - How long is the investment for?
Term

How long is the investment for?

Opportunity - What is the market opportunity?
Opportunity

What is the market opportunity?

Benefits - What is the market opportunity?
Benefits

What is the market opportunity?

Do the maths

Enter your investment amount from £100
to see how much you could earn

If I invest

Returning

RateRepayingPayment FrequencyLoan Term
14.00%interestterm end9 months

I could earn

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