£3.7 Million Auction Bridging Loan Completed in 12 Days

• Client: UK Property Investor
• Property Value: Circa £5,200,000
• Loan Amount: £3,700,000
• Type: Auction Bridging Loan
• Timeframe: 12 Days

Global Bridging Finance was approached by a property investor who had successfully secured a prime residential property at auction in central London. The property, valued at approximately £5.2 million, was acquired at a discounted price due to the competitive nature of the auction. However, the client faced the challenge of meeting the strict 28-day auction completion deadline, which required immediate access to significant funding.

Given the short timeframe, conventional mortgage finance was not an option. The client required a specialist bridging solution that would enable them to complete the purchase without delay and preserve the discount they had secured.

Global Bridging Finance moved quickly, leveraging its strong lender relationships to identify a funding partner that could underwrite the transaction within days. Within 24 hours of the initial enquiry, indicative terms were presented, and valuations were initiated. The loan was structured at £3.7 million, representing a competitive loan-to-value ratio, and provided against the property being acquired.

The transaction was finalised in just 12 days, ensuring the client met the auction completion deadline. This fast execution not only secured the property but also protected the substantial equity gain achieved through the below-market-value purchase.

This case showcases Global Bridging Finance’s expertise in arranging high-value auction bridging loans under time-sensitive conditions, providing clients with certainty, speed, and confidence when purchasing at auction.