LendInvest provides regular updates, but investors are encouraged to check their accounts for the latest information. We often get asked for specific timeframes around completions – especially when the project is running over time. But this is often not possible, or realistic, given the delays that can, and do, happen to property development.
Interest payments are made in line with the loan agreement. If a borrower falls into arrears, payments may be delayed.
This can be due to borrower extensions, refinancing, or slow property sales. It is important to remember that what you are investing into here are illiquid assets – and repayments typically require the completion of the project – not just building work, but the sale of the end property too. Investors should be prepared for delays.
Investors receive their principal back early, along with accrued interest.
No. There is currently no secondary market for trading investments before the loan term ends.