£2.8 Million Residential Bridging Loan for Prime London Townhouse

• Loan Amount: £2,800,000
• Security: Residential Townhouse, Kensington, London
• Value: £4,200,000
• Time to Complete: 12 Days

Global Bridging Finance was recently approached by a high-net-worth client who required a fast residential bridging loan to secure a luxury townhouse in Kensington, London. The property was being sold privately at a favourable price, but the vendor imposed a strict completion deadline of just two weeks.

The client had a strong property portfolio but required immediate access to liquidity to meet the purchase timeline. Traditional mortgage routes were unsuitable due to the speed required, so a bridging loan was the most effective solution.

Within 24 hours of the enquiry, Global Bridging Finance sourced and presented indicative terms, with credit approval secured the following day. A trusted lender was identified who was comfortable with the client’s background and the prime central London security.

Valuations and legal work were prioritised and managed efficiently, allowing the transaction to complete within 12 days. The facility was structured at a 67% loan-to-value (LTV) ratio, providing the client with the necessary capital to proceed while allowing sufficient time to refinance into a long-term residential mortgage.

This case demonstrates the value of residential bridging loans in competitive property markets, where acting quickly can make the difference between securing or losing a prime asset. Global Bridging Finance’s expertise and lender relationships ensured the client’s objectives were met under significant time pressure.