£780,000 Quick Bridging Loan to Complete Time-Sensitive Residential Purchase

A £780,000 quick bridging loan enabled a private client to complete the purchase of a prime residential property within days, bridging the gap while their long-term mortgage application was finalised.

The client had identified a desirable property but required immediate funding to secure it, as the seller needed a swift exchange and completion. Traditional mortgage lenders could not process the application in the available timeframe, making a rapid short-term loan essential.

The Challenge

The client faced a narrow window to complete the purchase, with:

• Exchange and completion required within seven days
• Insufficient time for a standard mortgage application
• Need to preserve liquidity for other investments

Speed was critical to prevent the loss of the property and deposit.

The Solution

Global Bridging Finance arranged a £780,000 quick bridging loan secured against the property being purchased.

The loan was structured over a 6-month term, with interest retained to reduce monthly cashflow pressure. Funds were released rapidly, allowing the client to:

• Complete the transaction within days
• Meet the seller’s requirements for swift completion
• Preserve working capital for ongoing projects

The lender focused on the property’s value and exit strategy rather than the client’s immediate liquidity, enabling a decision within 48 hours.

The Exit Strategy

The exit strategy was straightforward:

• Completion of the client’s long-term mortgage application
• Repayment of the bridging loan upon mortgage drawdown

This clearly defined route reassured both the client and lender.

The Outcome

The quick bridging loan allowed the client to:

• Secure a prime residential property under tight timelines
• Avoid losing the deposit or the opportunity
• Transition seamlessly onto a conventional mortgage once approved

This case highlights how quick bridging loans provide speed, certainty and flexibility for clients facing time-sensitive property transactions.