Pension provides part of the exit for this house purchase bridge
Our borrower is an international sports personality who spends much of their time abroad but wanted to purchase a UK residence for when they were “home”.
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A pragmatic approach to a challenging bridging loan
Our borrowers were experienced professional property developers who owned a significant portfolio of residential and commercial property as well as development sites.
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Bridging a downsize to a mobile home
According to the Prudential, almost 2.5 million ‘last time buyers’, those being current home owners over the age of 55, plan to downsize their homes.
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Borrowers’ home secures a bridge to buy at auction
Although bridging loans are often used to assist with the purchase of properties at auction, the property being purchased does not always have to be taken as security for the loan.
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Bridging loan secures a purchase within two weeks
Bridging loan secures a purchase with a two week drop dead date
Our borrowers approached us in the middle of the month with an urgent requirement for short term bridging finance.
Bridging solves a sitting Tenancy puzzle
Our security property was a house divided into two flats. One of the flats was vacant and one occupied by a Sitting Tenant.
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£1.5m Hampstead loan completes in less than three days
Having sold their property and moved into rented accommodation, our customers had contracted to buy a family home in Hampstead for £4m with a long stop completion date.
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UTB serves a bridging ace
UTB’s customer had finished the development of an impressive 5 bedroom house in sought after Wimbledon financed by way of two facilities.
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