From the 12th July 2018 our Development and Light Development loan rates will be LIBOR linked to allow greater visability of our pricing.
Rates from 8.5% + 3 month London interbank offered rate.
Current 3 month LIBOR – 0.73%
Rates calculated using a margin over 3 month LIBOR ( subject to a minimum 0.50%). LIBOR will be reset monthly .
The next LIBOR reset date is 12th August 2018