Fast Bridging Loan In London

The Scenario

The client, who owned a property worth £645K, wanted to purchase a property worth £885K in London.

The client’s existing property had not sold and he needed £885K to complete the purchase of his new property.

The client contacted Clifton Private Finance for assistance.

Our Solution

The client was intent on securing the property and, not wanting to lose the property to another buyer, required finance as soon as possible.

We understood the need for capital quickly and acted to arrange bridge finance to cover the cost.

We were able to convince the lender to use our client’s existing property and property he intended to buy as security.

With both properties used as security, the lender was prepared to provide the full purchase price and after careful negotiation, we were able to secure a favourable interest rate.

Following the transfer of the finance, our client was able to complete his purchase of the property.