Bridge loan for retirement property purchase with a pension payout as exit

Area
Home Counties
Capital Raised
£300K

An assured lump-sum pension payout can be an effective exit on bridge finance secured against the value of a property.

The Scenario

Our client is a UK resident working in Switzerland for a major international food conglomerate. He’s looking to buy an investment property in the Home Counties, with a view to possibly living in it in when he retires.

He and his wife want to start looking for properties in the region of £600K. They have £300K to put down, and were looking for a further £300K in finance.

The Solution

Bridging finance could be secured against the value of the future property, but we needed an exit.

The solution was the 25% tax-free pension pot our client is going to be able to access in six months’ time.

We sourced a lender who is happy to accept a pension lump sum payout as exit, at market-leading rates, and our client and his wife can now begin their property search in earnest.

Jack Spillane

Finance Broker

Bristol

0117 959 5094

Is your situation similar to this? I specialise in helping clients who need creative development finance solutions, and second-charge mortgages. Give me a call any time and we can set up a detailed discussion of the finance you need.

Mathew Phillips

Finance Broker

Bristol

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

Bristol

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

Senior Finance Broker

Bristol

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 a time that's convenient for you to discuss your situation.

Sam ONeill

Senior Finance Broker

Bristol

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

Bristol

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

Bristol

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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