LendInvest Secured Income II LIV4 Analysis of Loan Portfolio
31 January 2024 - 10:29PM
RNS Regulatory News
RNS Number : 5539B
LendInvest Secured Income II
31 January 2024
THE
INFORMATION CONTAINED HEREIN MAY ONLY BE RELEASED, PUBLISHED OR
DISTRIBUTED IN THE UNITED KINGDOM, THE ISLE OF MAN, JERSEY AND THE
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DOCUMENT.
SEE
"IMPORTANT INFORMATION" BELOW
31 January 2024
LENDINVEST SECURED
INCOME II PLC
LIV4 - Analysis of Loan
Portfolio
LendInvest Secured Income II plc (the
"Company"), a wholly owned subsidiary of LendInvest plc
("LendInvest"), the leading platform for mortgages in the UK, has
published an Analysis of Loan Portfolio assets (minus cash) for the
three months to 31 December 2023.
Highlights include:
- Percentage
of Portfolio secured by first-ranking legal charge: 100%
- Weighted
average LTV ratio of the Portfolio: 66.9%
- Interest
coverage ratio: 141%
- Location of
property outside Greater London (given as a percentage of the
Portfolio): 92.6%
To view the full document, please
paste the following URL into the address bar of your
browser:
https://docs.lendinvest.com/web/public-pdfs/bonds/Analysis-of-the-Bond-4-Loan-Portfolio-Q4-23.pdf
For further information, please
contact:
Leigh Rimmer | leigh@lendinvest.com | +44 7743445856
IMPORTANT INFORMATION
For the purposes of UK MAR, this
announcement is made by Ian Thomas, director of LendInvest Secured
Income II plc.
The distribution of this
announcement and other information in connection with any offer in
certain jurisdictions may be restricted by law and persons who come
into possession of this announcement or any document or other
information referred to herein should inform themselves about and
observe any such restriction. Any failure to comply with these
restrictions may constitute a violation of the securities laws of
any jurisdiction.
This announcement does not
constitute or form part of any offer or invitation to sell, or any
solicitation of any offer to purchase any securities.
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END
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