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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.

Westwood Gardens

Earn 15% p.a., interest paid monthly. Secured on property. ISA eligible.

Interest
15%
per annum
Invest from:
£100
Choice of term:
12 months
Repayments:
Monthly
Investment type:
P2P Loan
Target raise:
£155,000
Amount raised:
£155,000

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.

Westwood Gardens Loans, an ISA eligible, P2P investment, offering 15% p.a., interest paid monthly.

Swan House Grimsby Limited would like to borrow a total of £155,000 via a PDL Bridge loan to part finance the purchase of an historic building in Scarborough. The PDL Bridge loan will be used to allow the developer to purchase under Auction terms and provide time to arrange development finance and subsequently complete the build of 28 residential apartments and co-working space. The loan is secured against the current value of the existing land and properties.

How investing in the Westwood Gardens P2P investment works

The investment offers 15% p.a. interest over a 12 month term with interest paid monthly and principal invested repaid at the end of the term. The development has planning in place to create 28 one and two bedroom flats and a new block of 22 residential apartments. The loan will provide bridge funding to purchase the site and to allow the developer time to arrange development finance. The PDL Bridge is expected to be refinanced to a PDL Develop prior to the end of the term.

 

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.

 

So how much interest will I receive?

It’s simple – if you invest £1000 (for example) you receive back this capital plus £12.50 interest paid monthly over the 12 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 2024/25.*

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 property comprises a large Grade II Listed building that started life as a school in the late 1800s but was more latterly in use as a college with a theatre. A scheme to convert it into residential apartments commenced a couple of years ago but the works were never completed by the previous developer. The property is located just on the southern edge of Scarborough town centre and within a short walking distance of the town centre shops and the train station. It is situated just by the end of the historic Valley Bridge spanning across a valley to the South Cliff area of Scarborough, which is a popular residential area. The Westwood Gardens PDL will provide bridge financing to purchase the site and to allow the developer time to arrange development finance.

 

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 Westwood Gardens 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
to see how much you could earn

If I invest

Returning

RateRepayingPayment FrequencyLoan Term
15.00%interestmonthly12 months

I could earn

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