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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.

End of Mar 2023
20
days
left
End of Mar 2023

The closing is the 26th February 2023, invest by then to start earning interest from the 28th February 2023.

East Lothian

Earn 15% p.a. secured on assets. ISA eligible.

Interest
15%
per annum
Invest from:
£100
Choice of term:
13 months
Repayments:
At the end of the term
Investment type:
P2P Loan
Target raise:
£690,000
Next closing:
26th February 2023
Amount raised:
£633,902

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.

East Lothian Loans, an ISA eligible, P2P investment, offering 15% p.a. interest

Harrison Hunt is a medium-sized housebuilder and it is raising £690,000 via a PDL to part fund the first phase of development in Dunbar, East Lothian, Scotland. This project will construct the first nine houses, eight of which will be sold and another which will be retained as a show home for the rest of the development. The site is at James Kirk Way in Dunbar, East Lothian and the houses will be a mix of three and four bedroom detached and semi-detached eco-friendly houses. 

How investing in the East Lothian P2P investment works

The investment offers 15% p.a. fixed interest for a 13 month term, with interest and the principal invested repaid at the end of the term. The investment will be used as mezzanine finance for the development of nine new houses on a plot of land at James Kirk Way in Dunbar, East Lothian, Scotland.

 

Giving you better security on your investment

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

Second, a second ranking standard security 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 76% of the Gross Development Value and 90% 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 £162.50 interest at the end of the 13 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 is located in the town of Dunbar, which is in the coastal region of East Lothian, to the east of Edinburgh. It will consist of nine new eco-friendly homes which attain near PassivHaus standards of energy efficiency. These nine houses are the first phase of what will eventually be a larger estate of homes.

 

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.

End of Mar 2023
Next closing: Sunday 26 February 11pm

The closing is the 26th February 2023, invest by then to start earning interest from the 28th February 2023.

20 17

The finer details

Six great reasons to lend to East Lothian 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 - Are there any added benefits?
Benefits

Are there any added benefits?

Do the maths

Enter your investment amount from £100
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If I invest

Returning

RateRepayingPayment FrequencyLoan Term
15.00%interestterm end13 months

I could earn

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