We deliver the property funding solution for your individual needs
We deliver the property funding solution for your individual needs

Case Studies - Bridging Loans 

Please see below some recent examples of successful Bridging Loan financing that we have delivered for our clients

 

Case Study 1

 

Experienced property developers were looking to refinance two completed new build detached properties in Surrey. The refinancing would enable the borrowers to acquire their next site which they were at risk of losing if they could not complete quickly. We helped to complete the transaction within ten working days and had two happy clients !

 

Property Value £2,400,000 
Loan Amount £1,260,000
Loan to Value 53%
Rate 0.7% per month
Fee 1.95%
Term 6 months

 

Case Study 2

Our client was awaiting funding for his latest project. He had taken out a bridging loan in anticipation of monies being received but the process had become protracted. The bridging loan was due to expire and the current lender wanted repayment. We were able to help him to secure funding to refinance the existing loan and provide him with additional short term support on the basis that the house would be sold if funding was further delayed.

 

Property Value £2,000,000
Loan Amount £935,000
Loan to Value 47%
Rate 0.99% per month
Fee 2%
Term 12 months

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© Snowdon Property Finance Limited . Snowdon Property Finance Limited is authorised and regulated by the Financial Conduct Authority FCA Number 726411. Snowdon Property Finance Limited is also a member of the NACFB