Case studies: The 17 small bridging deals we completed in 1 week
See all of our bridging rates and offers.
March was a record month for bridging loan completions, with our dedicated small loans team in particular seeing a high number of deals across the line.
The peak was the week starting the 15th March, where the small bridging team completed 17 bridging loans.
Processed quickly, these loans are the bread and butter deals our small loans team were set up to deliver. Capital raises, refinancing, bridge-to-let, auction and purchasing ahead of refurbishment, take a closer look at the cases we complete every week:
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Newark
Loan amount: £338,072
LTV: 65%
Purpose: Refinance of two properties to repay an outstanding facility and capital raise for future investments.
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Barnet
Loan amount: £204,861
LTV: 75%
Purpose: Bridge-to-Let purchase of a one-bed flat to convert to a two-bed before exiting onto LendInvest Buy-to-Let.
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Bournemouth
Loan amount: £161,250
LTV: 75%
Purpose: Purchase two flats in the same block and carry out light refurbishments before exiting on to a Buy-to-Let.
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Chelmsford
Loan amount: £161,250
LTV: 75%
Purpose: Capital raise against gifted property to fund Buy-to-Let purchases.
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Birmingham
Loan amount: £127,003
LTV: 70%
Purpose: Bridge-to-Let to quickly purchase a new-build property before exiting onto a Buy-to-Let mortgage.
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Liverpool
Loan amount: £63,750
LTV: 75%
Purpose: Purchase of a 3-bed semi to convert to an HMO for the purpose of renting out.
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Wolverhampton
Loan amount: £90,000
LTV: 75%
Purpose: Capital raise on an unencumbered property to fund works.
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Chatham
Loan amount: £189,000
LTV: 70%
Purpose: Purchase of investment property on a recently completed new build site.
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Blackpool
Loan amount: £77,250
LTV: 75%
Purpose: Bridge-to-Let purchase for a property needing works before refinancing for a Buy-to-Let.
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Chatham
Loan amount: £109,821
LTV: 60%
Purpose: Purchase of a 3-bed property ahead of a light refurbishment and exiting onto a Buy-to-Let.
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Walsall
Loan amount: £82,248
LTV: 38%
Purpose: Capital raise to purchase a property at auction.
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Wembley
Loan amount: £369,750
LTV: 75%
Purpose: Purchase of property to convert into a HMO.
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Croydon
Loan amount: £211,875
LTV: 75%
Purpose: Purchase of a 2-bed to carry out some light refurbishment before exiting onto a Buy-to-Let.
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Weymouth
Loan amount: £82,500
LTV: 75%
Purpose: Auction purchase ahead of refurbishment before exiting onto Buy-to-Let.
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Richmond
Loan amount: £350,000
LTV: 70%
Purpose: Capital raise for further property investment.
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Hampstead
Loan amount: £386,250
LTV: 70%
Purpose: Bridge-to-Let to purchase a property before totally refurbishing it ready for a Buy-to-Let loan.
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Harrogate
Loan amount: £121,000
LTV: 24%
Purpose: Capital raise against an unencumbered property to finish the internal refurbishment.
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Luton
Loan amount: £105,000
LTV: 75%
Purpose: Purchase a property at auction and refurbish to upgrade EPC ratings before refinancing.
See all of our bridging rates and offers.