top of page

Case Study: Strategic Bridging Loan for a Returning Client

Writer's picture: AdminAdmin

Strategic Bridging Loan for a Returning Client

In the competitive landscape of bridging finance, customer trust and satisfaction are paramount. This case study sheds light on a returning client who sought another loan from us, emphasising the significance of our expertise.


Client Background

Our client, a seasoned investor, previously engaged with us for a bridging loan and experienced a smooth and satisfactory transaction. Impressed by our knowledge and efficiency, they returned for a subsequent loan.


Property Overview

The property in question is a two-bedroom residential apartment with allocated parking, part of a new development of nine apartments in Leamington Spa. Notably, the apartment boasts high-quality finishes and is positioned as a potential investment opportunity. The Leamington Spa area exhibits a strong rental demand for similar apartments, adding a layer of financial promise to the venture.


Loan Details

Valuation: £400,000

Initial Gross Loan: £260,000

Gross LTV: 65%

Completion time: 2 weeks


Purpose

The returning client sought funds for working capital, a testament to the versatility of our bridging loans. Importantly, they had already fully repaid their previous loan.


Security and Timeline

To secure the loan, a 1st Charge was taken against the apartment. Despite the intricacies involved, the entire case was successfully completed within a remarkable two-week timeframe.


This case exemplifies the trust our clients place in us, reaffirming our position as a reliable bridging lender. As we continue to foster strong relationships, we remain committed to being the go-to partner for those navigating the dynamic landscape of property investment and financing.

Recent Posts

See All

Stay informed!

Thanks for subscribing!

borrow@bridging.group 0207 052 1652 

 FCA Registration number 911250

© 2024 The Bridging Group Ltd

Follow us on social media

  • The Bridging Group Linkedin
  • The Bridging Group Instagram
  • The Bridging Group Facebook
  • X
  • The Bridging Group Youtube
  • The Bridging Group TikTok
  • The Bridging Group Mastodon
London:
The Bridging Group Limited

85 Great Portland Street 
First Floor
London

W1W 7LT

0207 052 1652 

borrow@bridging.group

Kent:
The Bridging Group Limited
Fleet House

Springhead Enterprise Park

Springhead Road

Northfleet

DA11 8HJ

Wish to repay your loan?

E-mail redeem@bridging.group

for your Redemption Statement 

Bridging loans are a short-term funding solution and may not be suitable for all borrowers. They can involve higher interest rates, fees, and financial risks compared to traditional lending.

Failure to meet repayment obligations may result in serious financial consequences, including the repossession of secured assets.

We strongly recommend consulting with an independent financial advisor to assess your individual circumstances.

bottom of page