£8,830,000
London NW1
Refinance two residential London properties and provide funding for a prestigious ground-up development.
Completed: 28 days
£3,250,000
London NW4
High net worth client borrowed £3.25m against two London properties valued at £7.5m to settle a business dispute.
Completed: 24 days
£1,160,000
London NW1
Client with adverse credit struggled to raise finance from traditional sources to complete works on investment properties in order to sell.
Completed: 11 days
£114,000
Midlands
Client raised capital for business injection. Secured with a second charge against property that was taking longer than expected to sell.
Completed: 7 days
£1,315,000
Dorset
Client needed funds to secure a dream property prior to sale of current residence. Case processed & completed while client cruised the mediterranean!
Completed: 10 days
£5,500,000
London W2
Client needed to raise £5,500,000 to settle an outstanding bridging loan secured on a prestigious London B&B valued at £8,500,000
Completed: 10 days
£686,000
Leeds
To purchase property before completing sale of existing property and complete refurbishment works to make new residence habitable.
Completed: 8 days
Lowest bridging rates at August 2022
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Representative example
Based on an interest only regulated bridging loan of £363,729.72 for a maximum 12-month period on a fixed rate of 0.53% per month, payable at the end of the term. The total amount payable would be £395,087.47 made up of the loan amount plus interest of £24,131.83, and fees of £7,225.92. The overall cost for comparison is 8.62% APR representative.