Case Study

Urgent Bridging Case Meets Completion Deadline

We received an urgent buy-to-let funding enquiry for a client who wanted to gift his son a deposit for a property purchase.

The vendor had set a very tight completion date within a week.

We worked with the broker and the lender and completed the £300,000 bridging loan within the timeframe.

Property value £800,00
Loan to value: 41%
Loan amount £300,000
Loan term 12 months – rolled-up interest
Annual Rate 0.49% per month