£1.9 Million Residential Bridging Loan for Prime London Property

• Client: High-Net-Worth Individual
• Property Value: Circa £3,200,000
• Loan Amount: £1,900,000
• Security: Residential Property, Kensington, London
• Purpose: Chain-Break Purchase
• Timeframe: Completion in 18 Days

Global Bridging Finance was approached by a high-net-worth client who needed fast funding to secure a residential property in Kensington. The property, valued at £3.2 million, was in high demand, and the vendor required an immediate exchange to prevent the deal from collapsing.

The client had significant assets but faced delays in obtaining their long-term mortgage approval, creating a need for a short-term funding solution. Without quick finance, they risked losing the property and jeopardising their wider relocation plans.

We arranged a residential bridging loan of £1.9 million, secured against the target property at an LTV of 59%. Our team worked closely with the lender, valuer, and solicitors to expedite every stage of the process, including desktop valuations and pre-agreed legal frameworks, ensuring that no unnecessary delays occurred.

The facility was structured with a clear exit strategy: the client would refinance with a private bank mortgage once the transaction was finalised. This gave the client both confidence and flexibility, allowing them to proceed without waiting for the slower mainstream process.

Completion was achieved in just 18 days, enabling the client to secure the property and move forward with their plans. This case highlights Global Bridging Finance’s ability to deliver fast, bespoke residential bridging solutions that unlock opportunities even in highly pressured circumstances.