Global Bridging Finance was approached by a property investor who needed to complete a time-sensitive purchase at auction. The auction rules required completion within 14 days, and the client urgently needed £400,000 to secure the property. Traditional financing options were too slow, so a fast bridging loan was the only viable solution.
Our team quickly assessed the client’s position, prepared the application, and collaborated with a trusted lender recognized for its rapid completions. A desktop valuation was used to speed up the process, and legal documentation was handled simultaneously by an experienced solicitor.
Thanks to proactive coordination between all parties, approval was secured in just 5 days, well ahead of the auction deadline.
The client successfully completed their auction purchase on time, avoiding the risk of losing their deposit. The fast bridging loan provided the necessary liquidity to seize the opportunity, with a clear exit strategy in place to refinance onto a longer-term facility once the renovations were completed.
Information contained in our case studies is for market and illustrative purposes only. In some cases, these may be made up of multiple cases and are for illustrative purposes only. Some case studies are made up of enquiries that have come into the business, not all business completes, and the posting of a case study does not represent a completed piece of business.
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