Investing in property is hard even before you come across all the financial terminology. Here at Property Bridges, we have outlined and explained some of the most used terminology and what it actually means such as LTV, LTC, LTGDV, GDV, NDV, security and what is actually a strong interest return? Please do not hesitate to... Continue Reading →
The onset of COVID19 has had a severe human cost and has caused ruptions in markets around the world. Equity markets are down on average 25% around the world, Irish bank shares are down over 60%, interest rates have been slashed, oil has crashed, gold is soaring and the Property market is in pause mode.... Continue Reading →
Purpose of this Case Study The purpose of this case study is to provide an overview of how a typical loan process works, using the example of our previous loans in Sandycove which was a Mews Development. This case study covers the process of Due Diligence, Site Visits, Loan Overviews and Investor Insights. Loan Overview... Continue Reading →
Survey Results Nicholas Treanor and Property Bridges would like to thank all of the people who took the time to complete the survey we carried out in December. It was of great assistance and the feedback we have received on the research findings to date has been extremely positive. Below are 4 of the key findings of the... Continue Reading →
IBANISATION – How to make a deposit in your Property Bridges Account? Property Bridges has a streamlined method of depositing funds into the system, called ‘IBANISATION’. The method generates a unique IBAN for each Property Bridges user. Follow the steps and see how easy this method is. 1. Generate your IBAN number in your Property... Continue Reading →
Kevin Lagan-founded fund will also provide peer-to-peer start-up with €5m in capital Lagan Investments, a fund founded by the North’s biggest house-builder, Kevin Lagan, has taken a 10 per cent stake in peer-to-peer lender Property Bridges and is to supply it with €5 million in lending capital. David Jelly and Marc Rafferty, co-founders of Property Bridges,... Continue Reading →
A question from an intrigued potential investor was sent into Bob Quinn from The Money Advisors which was published in last week's Sunday Independent. See the question and response below as well as our comments.
We are raising €300,000 in the second tranche of finance for our Pallaskenry development. This will allow the developers to complete the bulk of the works on the first phase of 8 houses. The loan is repaying 8.5% per annum with an LTV of 69%. The loan is secured by first charge against the development site and works done... Continue Reading →
SUMMER UPDATE AT PROPERTY BRIDGES Following our partnership with Lagan Investments, we have been working on a number of larger projects throughout the country. As we write this email we are doing due diligence on two separate projects that are both likely to be our largest loans to date, in County Monaghan and Westmeath and... Continue Reading →
Fantastic 5 House Development in Cavan, Low LTV% and 2 Units Already Sale Agreed Our 7th investment offering is now LIVE and ready for investment. The finance will be used to fund the construction of 5 houses in Mullagh, Co. Cavan, which is a short drive from Kells and Navan. The Borrower has requested that... Continue Reading →
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