FAQ1

FAQs1

  • How long has Chris and Anthony been investing?

    Chris started at 19 in 2009 and Anthony at 21 in 2014 but together over 5 years in 2015.

  • When you invest with Chant, is it fixed to a specific project or does it cover all your projects?

    The funds are usually invested in a few different projects as it allows us to maximise the funds that we have. This is what allows us to offer a higher

    return.

  • Are the returns you mention fixed at the rates you mention in the document or are they projected?

    The returns are fixed, meaning they will not go up or down for the duration of your investment.

  • Is there a minimum loan amount?

    Yes, due to our commitments across a lot of properties at once, smaller amounts make it really tough to manage. We have a minimum loan amount of £25,000

  • What securities do I have?

    We can and have done restrictions like RX1 but that only restricts a sale and the mortgage company have a first charger and all rights to the house. We have found a business loan agreement in personal names is best for both

    sides?

  • Is there a penalty if you are late?

    Yes! This reverts to 1.5% per month until the loan is returned.

  • Who created the legal documents used to formalise the loan?

    Our solicitor has created the loan agreements used in each and every loan agreement.

  • How do you receive interest?

    This is usually paid by direct debit each and every month but you can be paid in a lump at the end of the term we are flexible to your requirements.

  • Do you need a consumer credit licence OR to be regulated by the FCA?

    No, we are not providing financial advice or operating as a credit broker.

  • What happens if the person or persons is loaned to dies?

    The person or person assets would be broken up from personal holdings and companies they have financially interested in would be broke up to pay loans owed.

  • What is your view on Brexit, how can you protect current stock from potentially house price decreases, what is the strategy to take advantage of dips in house prices?

    Brexit is a tough one and in our view a relatively short term issue for property.

    Brexit will cause short term uncertainty, which can have an effect on house prices. we do think house builders will slow, and this is great for the rental market as demand outweighs supply. We are forecasting a rent increase because of this, and have already started to see rents sneak up. Prices have also been sneaking up in the North East whilst everyone focuses on Brexit. If the prices drop 10%, they have actually dropped 5% due to increases we have seen.

  • What is your view on Covid 19, how can you protect current stock and how does Covid affect the future?

    Very similar to Brexit it is a tough one and in our view is a relatively short term problem but only time will tell. As like Brexit, it will cause relatively short term uncertainty but rental prices are going up and supply are still low for

    properties to rent where demand is high.

  • Where does Chant get their information from?

    Whether it is the economy, Brexit, covid 19 or anything that could impact property. we have to stay on top of how it could affect our business and your investment. please see links below of some of the sites we use and please be careful on using sites that do not give factual information.


    ➢ Bank of England www.bankofengland.co.uk/

    ➢ Office of national statistics www.ons.gov.uk/

    ➢ Government sites for the local council and national information www.gov.uk/

    ➢ Land registry landregistry.data.gov.uk/

    ➢ Hometrack www.hometrack.com/uk/

    ➢ Moneycorp www.moneycorp.com/en-gb/

    ➢ European central bank www.ecb.europa.eu/home/html/index.en.html

Share by: