A Strong Bridging Exit Strategy
Not only will we help support you with the financing of your bridging loan, our inhouse finance brokers will start planning your exit strategy from day one.
Funding with traditional high street lenders can be a mind field and we will take away the complexed application processes and guide you through this. We pride ourselves on this additional support as this is what makes us unique compared to other finance providers. Speak to one of our experts today.
Case Studies
Deal Summary
Purchase Price was £190,000.00
Bridge Loan £142,500.00
LTV 75%
Market Value £250,000.00
Minimum 6 Months
Exit Refinance
Hagley Road, Birmingham
BridgeCo was approached via a broker who had a client that purchased a property at Auction. The client had purchased a residential leasehold apartment around £60k below market value. The broker had secured the finance for the purchase from a traditional high street lender. At legal the deal had fallen through due to the unexpired term on the lease. Client had to complete other wise he would lose his deposit and auction fees which were more than 10%. BridgeCo instructed legals and completed the deal within 5 working days. Our solicitor also were instructed by the client to help renew the lease back to 99 years so the client could continue with the traditional mortgage.