100% purchase price bridging loan secured on two properties and a pension payout

Capital Raised

Bridge finance secured against two properties, and a future pension fund payout: we can find the funding for you. 

The Scenario

Our clients needed to borrow the full purchase price of their dream retirement home in Rhyl in Wales. She had recently retired; he was semi-retired and planning to do some small-scale property development in the area.

They were looking to borrow £150K.

The Solution

We could get them 100% lending by securing it against the value of the new property, and the value of a rental property in Birmingham which was to be sold as their exit.

It was on the market for £142,500. To make up the shortfall, we found a lender who would include as part of the exit strategy a lump sum pension payout due in a couple of months.

To make things slightly more exciting, there was an outstanding bridging loan secured against their previous main residence, which had financed the purchase of the BTL. On the day that the sale of their previous home completed, that bridge would be repaid and the new bridging loan could be raised against the now-unencumbered rental property.

On the day before completion, our clients rang to say that there were some additional fees and costs that they hadn’t budgeted for. We were able to ask the lenders for an extension to the agreed lending, and that was approved within 24 hours so the chain could proceed.

We look forward to helping them finance their future property portfolio.

Review of Mathew Phillips Clifton Private Finance mortgage broker 

Mathew Phillips

Finance Broker


0117 959 5094

Are you in a similar situation? I specialise in bridging finance at Clifton Private Finance - I will find you the best funding solution for your property transaction.

Alex Chambers

Senior Finance Broker


0117 403 4324

Are you in a similar situation? I am a specialist in residential and investment property finance for UK and international clients at Clifton Private Finance. Please don't hesitate to get in touch for a no-cost discussion of the finance you need.

Luther Yeates

Finance Broker


0117 244 5561

Are you looking for a similar type of property finance? I have extensive experience finding residential and investment property finance for UK and international clients. Please get in touch and we can arrange to discuss your situation at any time that's convenient for you.

James Palmer

Senior Associate


0203 900 4322

Are you looking for similar property finance? I specialise in development and commercial finance for Clifton - I can find creative and commercially effective solutions for your project.

Sam ONeill

Senior Finance Broker


0117 959 5094

Is your situation similar? I am a bridging finance specialist at Clifton. I can find a quick, cost-effective solution for the funding you're looking for.

Robert Gibb

Senior Finance Broker


0117 959 5094

Are you looking for mortgage or short-term finance for residential or buy-to-let property (including HMOs)? I have extensive experience in finding property finance solutions for UK and international clients, both as individuals and limited companies. Please give me a call and let me see what I can do for you.

Adam Arnott

Associate Director


0117 205 0214

Is your situation similar to this? I have extensive experience of advising clients who need creative property finance solutions. Please get in touch and we can arrange a time that suits you for a detailed discussion of your requirements.

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