LIBOR

Our development and light development loan rates are LIBOR linked to allow greater visability of our pricing.

Rates calculated using a margin over 3 month LIBOR (subject to a minimum 0.50%). LIBOR will be reset monthly .

Current 3 Month LIBOR –  0.88%

Previous LIBOR

13.10.18 to 12.11.18 – 0.81%
13.09.18 to 12.10.18 – 0.80%
13.08.18 to 12.09.18 –  0.81%
13.07.18 –  12.08.18  0.73%

The next LIBOR reset date is 13th November 2018