| London based real estate bridging finance firm, Montello Private Finance, has launched the Montello Income Fund. The Fund will provide investors a return of 8.5% per annum, paid quarterly.
The investment thesis behind the Fund is simple: The property market in the UK has fallen dramatically and is now showing clear signs of stabilising (particularly the residential market which the Fund will focus on).
However, the banks are still not lending freely into the marketplace, and even sound borrowers with good assets are finding that it can take months to obtain finance. MPF provides fast access to capital to these borrowers......................................Full Press Release: Source
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