£1.1 Million Residential Bridging Loan for Time-Sensitive Purchase

Client Profile
The client was an experienced UK property investor with an established residential portfolio. They identified a high-quality residential property in the South East that was being sold with a strict completion deadline due to the vendor’s onward purchase. While the client had substantial equity across their portfolio, their existing properties were not immediately liquid.

Requirement
The client required fast bridging finance to secure the property and meet the vendor’s tight completion timeframe. A traditional mortgage was not viable due to underwriting timelines and the client’s intention to refinance once the property was stabilised. Speed, certainty of funding, and flexibility were the primary priorities.

Solution
Global Bridging Finance structured a residential bridging loan of £1.1 million, secured against the property being purchased. The loan was arranged at a competitive loan-to-value ratio, taking into account the property’s strong market appeal and the client’s clear exit strategy.

The lender selected completed credit approval quickly and worked pragmatically alongside solicitors and valuers to keep the transaction moving. The facility allowed the client to complete within the required timeframe, avoiding the risk of losing the property to another buyer.

Outcome
Funds were released in time for completion, enabling the client to secure the property without disruption. The short-term nature of the bridging loan provided the flexibility needed while the client prepared for refinancing onto a longer-term residential solution.

This case highlights how residential bridging loans can provide an effective solution for investors facing time-sensitive purchases, particularly when speed and certainty are essential and longer-term finance can follow once the pressure is removed.