Offer your clients a new approach to peer 2 peer funding. GoBMV in conjunction with Funding Associates can now offer the following bonds:
Map Bond
The Company’s directors have extensive property development experience in the hotel and leisure sectors. They have assembled a pipeline of potential developments to be undertaken by the Company, including schemes in East Lothian and Edinburgh where they have already financed pre-development phases having variously secured the sites, obtained planning permissions, confirmed construction budgets, and agreed terms subject to contract with renowned hotel operators Mercure and Hyatt respectively.
Key features
- Up to 20,000 Bonds Series 1 at an issue price of £1,000.00 each
- Minimum Subscription £15,000 and then in increments of £1,000
- Security in the form of Charge over the Company’s assets
- Term is until the Repayment Date of 5th April 2019 unless repaid earlier.
- Earlier repayment may be any time at the Company’s discretion. The Bonds are not transferable
- Interest 8% per annum from the date each Bond is issued, payable quarterly in arrears.
- The principal of each Bond will be repayable on 5th April 2019
Student Housing Bond
The Company is the general partner of Campbell Property Student Accommodation Investment Fund (Birmingham) LP. The LP has assembled a portfolio of fourteen freehold houses providing 83 bedrooms in Birmingham.
Key features
- Up to 3,000 Bonds Series 1 at an issue price of £1,000.00 each.
- Minimum Subscription £5,000 and then in increments of £1,000.
- Security in the form of registered first or second charge over the specified freehold properties.
- Repayment Date of 5th April 2018 unless repaid earlier.
- Earlier repayment may be any time at the Company’s discretion. The Bonds are not transferable.
- An average of 5.25% per annum (based on a subscription made in April 2015 held until April 2018) comprising 5.00% per annum payable quarterly in arrears and an additional redemption premium equivalent to 0.80% of the subscription amount payable on redemption.
- The principal of each Bond will be repayable on 5th April 2018.
For more information or to request a brochure, please contact us