£600,000
The property was won at auction. The completion deadline wasn’t moving.
The property was won at auction. The completion deadline wasn’t moving.
- Amount
- £350,000
- Sector
- Commercial property
- Structure
- Bridging loan
- Outcome
- Completed
A business owner successfully bid on a commercial property at auction.
-
The requirement
The purchase had to complete within the contractual auction timetable.
-
The challenge
A conventional commercial mortgage was unlikely to complete within the required period.
-
The structure
We arranged short-term bridging finance for the purchase, with a refinance onto longer-term finance planned as the exit.
-
The result
The purchase could go ahead without relying on a slower long-term mortgage process.
Could this structure work for your business?
Every case is assessed on its own merits. These pages explain the finance used here and what lenders look at.
Funding options
Client details are anonymised. Every case is different and past results don't guarantee future outcomes: lenders set their own criteria and all finance is subject to status.
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Commercial propertyHave a similar requirement?
Every case is different, but the approach is the same: understand the business, structure the requirement, and take it to the lenders suited to it.