Bridging loan resolves a probate problem

Bridging loan resolves a probate problem

Our customer had inherited a 50% share of an unencumbered property jointly with her brother.
Probate had been granted, but the inherited property had not yet been transferred into either beneficiary’s name.

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£4.5m structured bridge

£4.5m structured bridge

Our customer had entered into an agreement to purchase 50% of the shares in a company which owned a valuable site with development potential.

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Where there’s a will there’s a way

Where there’s a will there’s a way

Our customer inherited a property which was subject to a lifetime mortgage. The amount required to redeem the mortgage was determined by the last valuation placed upon it by the lifetime lender.

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London property upsize

London property upsize

Our customers are a London couple residing in a flat in a trendy area of North London.
Our customers had also found and agreed to purchase their new home,

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Downsizing

Downsizing

United Trust Bank’s Bridging Department provided a £394,000 facility with a 9 month term to enable our customer to move to a new smaller property.

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Funding a new build home

Funding a new build home

United Trust Bank’s Bridging Department provided a £138,000 facility with a 12 month term to enable our customers to build a new home for their retirement.

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