The Special Purpose Vehicle (SPV) that purchases the property, raises the mortgage that is secured against the property. London House Exchange investors are not personally liable for any debt repayment. Any amounts due to the mortgage provider, including interest and principal repayments, are the responsibility of the SPV. The mortgage provider typically charges a one-off arrangement fee of 1%.
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 mins to learn more.