£3.1 Million Auction Bridging Loan Completed in 10 Days

• Loan Amount: £3,100,000
• Security: Residential property portfolio in South East England
• Property Value: £5,000,000
• Time to Complete: 10 days
• Purpose: Auction purchase

Global Bridging Finance was approached by a client who had successfully secured a prime property portfolio at auction. As is common with auction purchases, the client was required to complete within a strict 28-day deadline. With traditional lenders unable to meet this timeframe, a fast bridging solution was essential.

The client owned several investment properties, which could be leveraged as additional security. This provided the flexibility to arrange a higher loan-to-value facility, allowing the client to fund the entire purchase price while maintaining personal liquidity.

Within 24 hours of receiving the enquiry, our team presented indicative terms for a £3.1 million bridging loan. Thanks to our established network of specialist lenders, we were able to identify the right funding partner and secure formal approval quickly. Valuations were instructed immediately, and legal work was coordinated on an expedited basis.

The transaction was completed in just 10 days, giving the client ample time to meet the auction deadline without risking forfeiture of their deposit. The bridging facility was structured with a clear exit strategy via long-term refinancing once refurbishment works on the properties were completed.

This case highlights Global Bridging Finance’s ability to execute complex, time-sensitive transactions efficiently and effectively. By drawing on deep market expertise and strong lender relationships, we enabled the client to capitalise on an excellent investment opportunity without delay.