Robert Ainscow, director of funding at BlueZest, discusses with Proactive their recently launched programme of secured retail bonds.
BlueZest is a mortgage company and Ainscow says they'll be extending mortgage loans to individuals.
The three mortgage products they'll be delivering are buy-to-let mortgages, a development loan to developers who have post-development security to offer as collateral and an SME loan.
''The rationale behind the structure of the bond is to deliver retail investors a level of security that's not been seen before in the retail market'', Ainscow says.
The bonds will pay an interest rate of 5.25%pa