Case studies: Development Exit and Bridge-to-Let deals
Despite the challenges posed by ongoing lockdown measures, our Bridging team is still accepting and processing new applications.
Here’s a sample of some of the Development Exit and Bridge-to-Let deals our team has worked on since the lockdown measures were introduced.
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Lincolnshire
Development Exit for the remaining 4 properties of a 6 property development and repaying the Development lender.
Loan Size: £207,000
LTV: 68.98%
Term: 12 months
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London
A Bridge-to-Let raising capital on a flat to buy commercial property at auction.
Loan size: £338,000
LTV: 49.28%
Term: 12 months
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Suffolk
Development Exit finance for an experienced developer looking to sell two new-build properties quickly.
Loan size: £337,000
LTV: 43.49%
Term: 12 months
Accepting new cases
You can contact your BDM directly or phone our main bridging enquiries line 0203 846 6886, or email: [email protected] with your new enquiries.