{"id":2415,"date":"2017-12-09T03:02:12","date_gmt":"2017-12-09T03:02:12","guid":{"rendered":"http:\/\/asadkarim.co.uk\/?p=2415"},"modified":"2017-12-01T15:14:09","modified_gmt":"2017-12-01T15:14:09","slug":"bluezest-mortgages","status":"publish","type":"post","link":"https:\/\/www.asadkarim.co.uk\/?p=2415","title":{"rendered":"BlueZest Mortgages"},"content":{"rendered":"

BlueZest is a new lender on the UK market, financing mortgages for buy to let investors and property developers.<\/p>\n

http:\/\/www.bluezest.com\/<\/a><\/p>\n

How are they going to finance the mortgages they advance to borrowers ?<\/p>\n

The issuance of a bond to raise the funds:-<\/p>\n

http:\/\/www.bluezest.com\/bond-investors\/<\/a><\/p>\n

The BlueZest Secured Retail Bond PLC<\/p>\n

http:\/\/www.londonstockexchange.com\/exchange\/news\/market-news\/market-news-detail\/other\/13440843.html<\/a><\/p>\n

On the 22nd of November 2017 BlueZest Secured Retail Bond PLC, a wholly-owned subsidiary of BlueZest Funding Limited, established a \u00a31.5bn secured retail bond programme
\nThus raising \u00a31.5b in funding from this bond, secured against the properties they lend the cash from the bond programme.<\/p>\n

Interest rate: 5.25% Per Annum<\/strong><\/p>\n

So, raising \u00a31,500,000,000 = \u00a31.5 Billion: How many mortgages could this be ?<\/p>\n

if we assume, that each mortgage is \u00a3250,000 that BlueZest advance on a property worth \u00a3300,000 so the borrow has to put down \u00a350,000 cash deposit, in my rough example:<\/p>\n

\u00a31,500,000,000 (funds from the bond issue) \/ \u00a3250,000 (each mortgage) = 6,000 loans funded.<\/p>\n","protected":false},"excerpt":{"rendered":"

BlueZest is a new lender on the UK market, financing mortgages for buy to let investors and property developers. http:\/\/www.bluezest.com\/ How are they going to finance the mortgages they advance to borrowers ? The issuance of a bond to raise the funds:- http:\/\/www.bluezest.com\/bond-investors\/ The BlueZest Secured Retail Bond PLC http:\/\/www.londonstockexchange.com\/exchange\/news\/market-news\/market-news-detail\/other\/13440843.html On the 22nd of November […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2415","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/2415","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2415"}],"version-history":[{"count":3,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/2415\/revisions"}],"predecessor-version":[{"id":2418,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/2415\/revisions\/2418"}],"wp:attachment":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2415"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2415"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2415"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}