Investec provides €52.1m loan for Comer Homes scheme in Bracknell (GB)

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Investec Structured Property Finance (Investec) has provided Comer Homes with a GBP45 million facility, for the development of the landmark Royal Winchester House, in the Berkshire town of Bracknell.

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The Bracknell Regeneration Partnership (BRP) has appointed Mace as the main contractor on the GBP200 million regeneration of Bracknell town centre. Construction workers will be on site in late-March, carrying out preparatory earthworks, before foundations are commenced in late spring, with steel work beginning in June 2015.

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Situated in Bracknell, Beneficial House Apartments, Bracknell features city views and free WiFi, 0.6 miles from bracknell forest council and 1.2 miles from waitrose head office. Featuring a kitchen with a dishwasher and a microwave, each unit also comes with a satellite flat-screen TV, ironing facilities, desk and a seating area with a sofa.

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It’s a loan that’s linked to the rise and fall in the value of your home. If you take a 20% equity loan for example, the amount you owe will always represent 20% of the property’s value. You won’t be charged loan fees on the equity loan for the first five years of owning your home.

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