Bridging Loan Case Studies
Here we outline just a few of our previously completed bridging loan deals.
Read our blogs on this topic.
- One hour decision in principle
- No proof of income
- Competitive interest from 1% per month
- Fast Payout
- Minimum Loan £30k
- 70% LTV, 100% with extra security
- Late payments, arrears, CCJ's, all considered
Don't delay, why not talk to us on 0844 504 9866 about your bridging loan requirements or fill in our brief "contact" form here for a free initial consultation.
Why not take a look at some of the bridging loans we have completed previously.
Bridging Loan Successes
Over the years we have completed many bridging loans by taking careful note of our customers requirements and then taking the time to secure the best deal!
The Closed Bridging Loan
A customer came across a below market value commercial property but had no deposit for a mortgage. The customer had the intention of quickly selling on the property for a profit. We suggested if a buyer could be found the property could be bought and sold on the same day, for a relatively small outlay. The customer returned 7 days later with the deal all lined up. We arranged a £447k one day bridge and a few weeks the customer pocketed a tidy profit!
The Auction Purchase
Our client had bought a buy-to-let property at auction but realised the mortgage would not complete within the 28 day auction house deadline and risked losing a 10% deposit. We stepped in and arranged and completed a £179k emergency bridging loan in 4 working days.
The Business Capital Raising
A business client faced an unexpected cash shortfall when a tax bill became due. Short term cash was required and via a second charge bridging loan against a commercial property we successfully raised £63k.
The Property Developer Bridging Loan
A property developer approached us with a deal where cash wasn't available to take of their usual bank lender. Not wishing to lose the profitable development we were able to use what cash was available and arrange a £660k bridging loan for property developers.
The Mortgage Retention Bridging Loan
A regular buy to let investor approached us with a purchase that a mortgage company had made an offer subject to various repairs being made. This seemed like catch 22 to our customer as repairs could not be made until the purchase was completed. We suggested and arranged a bridging loan of £160k allowing the purchase and repairs to be made followed quickly by the mortgage completion.