Max Property Group UK (MPGUK)
Executive Summary
Max Property Group UK (MPGUK) has issued property bonds in 2017 and the funds raised are invested in residential and / or commercial property in the United Kingdom.
MPGUK raised £268,000 or €302,000 (calculated at fixed conversion rate of 1 EUR = 0.87 GBP). The investment details are as follows:
- The Bonds pay a fixed interest of 10% per annum, which is paid out quarterly on the 5th of January, 5th of April, 5th of July and 5th of October
- There is an additional 30% profit share upon exit, which includes the equity increase
- The company is administered and supervised by Confidon, an experienced fund administrator and supervisor
- Funds are secured through a second charge on the portfolio (after the mortgage charge)
- Quarterly reports and annually audited accounts will be made available here
- Periodic newsletters about the Bonds will be send out to inform you about purchases and important updates
For further information do not hesitate to contact Max Property Group or arrange a meeting with our Managing Director in the UK or in our offices in Rotterdam.
Loan terms
Payment terms
Please check MPGUK Information Memorandum for details, available in Documents section.
Additional terms
Please check MPGUK Information Memorandum for details, available in Documents section.
Collateral
Collateral & securities are not applicable. Please check MPGUK Information Memorandum for details, available in Documents section.
Mortgage
Below mortgage will be established on behalf of investors to secure this loan.
Type of property | Mortgage rank | Amount | LC |
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Property
Additional securities
Type of security | Qualification | Mode | Amount | Security grantor |
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Fundraiser
MPG was founded by a group of real estate professionals who shared the vision of making the real estate world (investments as well as sales, rentals and management) 100% transparent and accessible to everyone.
Investors can invest in real estate backed loans from €100 or a multiple of this. NOTE that there is a 0.1% fee to make an investment. As such you need to ensure you add this 0.1% when making a transfer to ensure you can invest the amount you would like to invest, i.e. if you would like to invest €10,000, you need to transfer €10,010 to your account on Max Crowdfund.
Because of the regulations in the Netherlands:
- A maximum of €80,000 applies per individual investor in total investments made on Max Crowdfund.
- If you have a joined account this is doubled to €160,000.
- Company accounts as well as Qualified Investors have no limits.
Please note, that Max Crowdfund can optionally set a maximum for a single investment regardless of the above.
You will be notified in case your investment(s) exceed(s) any limit.
On the Max Crowdfund platform you have your personal Max Crowdfund Current Account. You can top your Max Crowdfund Current Account up via various payment providers or by bank transfer. Provided your balance is sufficient, you can start investing in loan applications immediately. If you wish to make an investment, but you do not have sufficient money on your current account, you can invest up to a maximum of €50,000. The amount that is missing between the desired investment amount and your balance, can be added by using the payment providers. The maximum deposit amount allowed differs per payment provider, but is usually a maximum of € 50,000. If you supplement your balance via a bank transfer, please use the reference provided in the description with your payment. Please note processing your bank transfer may take more than a day, which may mean you miss out on the investment opportunity.
No. Investors must be over 18 and must have an approved account, meaning their Know Your Client (KYC) documentation needs to be submitted and approved and have a bank account linked to their account. Country-specific restrictions exist and certain nationalities may be prevented from participation in some investment products. This is to prevent money laundering, tax evasion and other illegal activities, in line with our commitment to regulatory compliance and transparency.
At the moment we only accept EURO for investing in real estate backed loans. We are aiming to accept all currencies, including crypto currencies, like we do for the Max Property Group Share Certificates, but this depends on the regulators.
By Dutch law you are allowed a 24 hour cooling-off period, which means you can either change or cancel your investment during this time without any fees charged. After the cooling-off period you cannot change or cancel your investment. You are still allowed to make a second investment. Multiple investments will be combined in one when a loan is finalised.
Yes, but you will need to have a joined bank account with your partner. If you have a joined bank account, you can request to register a joined account on Max Crowdfund. Once approved, the regulatory limit for investing will be doubled to €160,000.
You can only register a new bank account by making a bank transfer of any amount from that bank account. We only accept bank accounts that are held by you and are in your name.
If you only have one bank account registered, this will automatically be your preferred account. In case you have multiple accounts registered, you can select only one of those to be the preferred account. Funds in your Max Crowdfund Current Account that are not used for a period of more than 60 days will automatically be transferred to your preferred bank account.
When the fundraiser fails to meet their obligations to make periodic payments as defined in the loan agreement, Max Crowdfund will follow up. Periodic updates will be shared to inform investors about the status of the loan. To recover from default, measures like a change of terms can be proposed, but this requires the approval from a majority of all involved investors via online voting. In the worst case scenario the Max Crowdfund Security Agent will execute on the collateral for the loan and distribute the proceeds to the investors.
Loan terms summary
- Interest per annum 10.00%
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Fully funded 302,000.00 raised
- Expires Closed
- Target amount €302,000.00
- Profit share 30.00%
- Term 60 Months
- Payment frequency 3 months
- Loan purpose Buy-to-rent
- Type Bond i
- Loan To Value (LTV) 40.0% i
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Location
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