Bridging Loan Over £6.25 Million Secured Against UK Property Portfolio for Time-Sensitive Acquisition

• Client: Repeat UK National and Resident High-Net-Worth
• Property Value: Around £10,500,000
• Loan Amount: Over £6,250,000
• Purpose: Quick Purchase of Below-Market-Value Main Residence

Global Bridging Finance was instructed by a repeat high-net-worth client to obtain a regulated bridging facility to buy an outstanding penthouse flat in the UK. The property itself, valued at around £10.5 million, was for sale off-market at a significant discount due to the urgent requirement of the vendor to sell the property within a limited timeframe.

The client needed to move quickly in order to seize the asset and not lose out on a one-off opportunity. Conventional mortgage solutions were not available within the short time limit, and a high-valuations bridging loan with flexibility was the ideal solution.

We structured the loan to fund 100% of the purchase price through equity in the client's current property ownership. This allowed the client to proceed without a deposit and to release maximum value from their existing properties.

Indicative terms were issued within 24 hours of initial contact, and credit was granted the following day. Valuation and legal work were undertaken immediately, and all parties collaborated to meet the deadline agreed.

Our comprehensive knowledge of the market, established relationships with lenders, and abilities in structuring prompt, intricate deals gave our client a clear and confident journey to completion.

This case demonstrates our skills in arranging regulated, high-value bridging finance on tight time deadlines. Our customised solution and innovative attitude give customers the authority to make prompt decisions at the time they are most required.