£2.4 Million Self-Build Bridging Loan to Fund Residential Development

• Client: UK-Based Private Individual
• Property Type: Self-Build Residential Development
• Estimated End Value (GDV): Circa £4.2 million
• Loan Amount: Circa £2.4 million
• Loan Type: Self-Build Bridging Loan
• Purpose: Land Acquisition and Build Funding

Global Bridging Finance was approached by a private client undertaking a high-quality self-build residential project. The client had secured a prime plot with planning permission for a substantial detached property and required short-term funding to finance both the land purchase and the initial construction stages.

Traditional self-build mortgages were not suitable due to lengthy underwriting processes and stage-based release structures, which would have delayed the project. The client required a more flexible funding solution that could be deployed quickly while maintaining control over build timelines and contractor payments.

The project presented several complexities, including the need to fund land acquisition and construction concurrently and to manage build costs within a defined timeframe. The speed of execution and the certainty of funding were critical to ensuring the project progressed without interruption.

Global Bridging Finance structured a bespoke self-build bridging facility secured against the site, with funds released in agreed tranches aligned to construction milestones. The lender was comfortable lending against both the current land value and the projected end value, allowing the client to proceed efficiently without cash flow pressure.

Indicative terms were presented swiftly, with credit approval following shortly thereafter. Valuation and legal processes were coordinated to avoid delays, and close collaboration with all parties ensured the loan was completed on schedule.

The bridging facility provided the flexibility needed to progress the build to a key stage, at which point the client plans to refinance onto a longer-term self-build or residential mortgage. This approach allowed the project to move forward without compromise.

This case demonstrates Global Bridging Finance’s expertise in structuring self-build bridging loans for clients requiring fast, flexible funding to support complex residential developments.