£1.15M Residential Bridging Loan to Secure Prime Chain-Break Purchase

• Client: Private individual
• Challenge: Chain delay impacting completion of residential purchase
• Loan Amount: £1.15M

The client required immediate access to capital to secure the new property while preserving the agreed transaction timeline. Maintaining continuity was essential, as the property formed part of a planned relocation and lifestyle transition.

Global Bridging Finance arranged a £1.15M residential bridging loan, secured against both the newly acquired property and the client’s existing residential asset. The structure provided sufficient security coverage for short-term lending while allowing the transaction to proceed without disruption.

The facility was arranged over a 9-month term, with interest retained to reduce short-term cashflow pressure during the bridging period.

This approach allowed the client to complete the purchase within the vendor’s deadline while retaining flexibility for the eventual sale of their existing property. The lender’s assessment focused on combined property value, available equity, and a clearly defined exit strategy, enabling rapid approval within the required timeframe.

The client’s exit strategy involved repayment of the facility upon completion of the existing property sale. A secondary option included refinancing onto a longer-term residential mortgage secured against the newly acquired home if required.

The residential bridging loan enabled the client to proceed with their purchase seamlessly despite chain disruption, ensuring they did not lose a prime property opportunity while maintaining control over their sale timeline.

This case demonstrates how residential bridging finance can provide certainty and flexibility in situations where property chains introduce timing risk.