Bridging Loan Case Studies

Bridging loans are usually required where time is short and capital needs to be raised quickly, as specialist brokers we always keep in touch with current market conditions.

• A developer desperately needed refinancing to complete a project when their bank withdrew their support. We successfully arranged a £1m commercial bridging loan enabling an exit for the bank and completion of the development.
• An IFA approached us on how his client could minimise their clients deposit for a below market value buy-to-let purchase. We pointed the IFA to a likely mortgage lender and inserted a one day bridging loan of £107k against an open market value of £130k, allowing the client to purchase with no money down.This is one example of a back to back property transaction.
• An investor in rental properties found a delapidated property in need of a major refurbishment. Although a mortgage was offered the mortgage lender would not lend until various works had been completed. This is a classic case where a short term bridging loan against market value came to the rescue. The bridger facilitated the purchase and refurbishment to take place with an exit via the long term funds the clients commercial mortgage broker had already secured!
• A property developer needed to raise funds very quickly for a commercial site they had identified as having significant profit potential. The fastest route to secure the funds was via a second charge bridging loan on the customers residential property. Competing against time and several other brokers, we offered the most competitive quote and secured our client £300k within 10 working days.

Wondering how much your bridging loan will cost? There are a number of factors that may affect costs however an indication of these costs can be found with our Bridging Loan Calculator.