£8.6M Residential Bridging Loan Helps Buyer Secure Off-Market Property

• Client: Private client
• Challenge: Complete an off-market acquisition before proceeds from existing assets became available
• Loan Amount: £8.6M

The Challenge

The client identified a substantial residential property being offered through a private sale. The property suited the client's long-term requirements, but the seller was seeking a prompt and certain transaction.

The client's capital was tied up across other property and investments, meaning releasing sufficient funds through asset sales would have taken longer than the seller was prepared to wait.

The Bridging Solution

Global Bridging Finance arranged an £8.6M residential bridging loan secured against the property being acquired alongside additional assets.

The lender assessed the overall security position, property value, location, condition and the client's proposed repayment strategy.

This provided the client with the funding required to proceed with the purchase while avoiding an immediate disposal of existing assets.

The Exit Strategy

The primary exit was the planned sale of selected existing assets, with the proceeds intended to repay the bridging facility.

A longer-term mortgage against the newly acquired property provided an alternative exit should this become more appropriate.

The Outcome

The residential bridging loan allowed the client to complete the off-market acquisition while creating additional time to manage the disposal or refinancing of existing assets.

The case demonstrates how residential bridging finance can provide short-term flexibility when significant capital is available but not immediately liquid.