• Location
    London
  • Loan Type
    Residential Bridging Loan
  • Value
    £585,000

Residential Bridging Loan London: Securing Stability Through Complexities

 

The Issue

In London, we encountered a borrower requiring swift and decisive action. A property company director had her personal residence partially secured in a corporate vehicle occupied by her under an Assured Shorthold Tenancy. Facing a break in the existing loan terms due to changes in the corporate ownership prompted the existing lender to appoint a new receiver. There was a pending risk of repossession of the property.

 

The Remedy

Alternative Bridging swiftly intervened, providing the borrower with the necessary funds to repay the existing bank loan and prevent repossession of their property. Despite challenges such as the receiver involvement, time constraints, and complex corporate structures, the Alternative Bridging team navigated the complexities with expertise and accuracy.

 

The Outcome

Through careful efforts, the borrower successfully completed the refinancing process in time, preventing the repossession and ensuring stability for the borrower. This case underscores Alternative Bridging’s commitment to swift action and tailored solutions, even amidst the most challenging circumstances.

Residential Loans

At Alternative Bridging, we offer cost-effective Residential Bridging Loans tailored to short-term financing needs for various investment properties. Our Residential Bridging loans with a loan term of up to 24 months, cater to individuals, partnerships, limited companies, LLPs, and approved offshore entities. Whether it is for residential purchase, refinance, property enhancement, or unlocking working capital for further investments, our specialist team provide borrowers with tailored solutions. With a streamlined decision-making process, we ensure fast responses to financing needs. Our pride lies in the testimonials from satisfied customers, reflecting our commitment to providing quick and stress-free residential funding solutions. Explore our recent Berkshire regulated residential case study and broker testimonial by Henry Watkinson for insights into our customer-focused approach.

If you would like to know more about our Residential rates and guidelines click here.

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