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Chain Break Bridging Finance Solution
Provided bridging finance when a property chain broke down, saving a Liverpool HMO purchase.
Key Metrics
£210,000
Loan Amount
0.68% monthly
Interest Rate
48 hours
Time to Complete
4
Bedrooms
75%
LTV
Liverpool
Location
£210,000
Loan Amount
0.68% monthly
Interest Rate
48 hours
Time to Complete
4
Bedrooms
75%
LTV
Liverpool
Location
The Challenge
Simon's property chain collapsed days before completion. He needed bridging finance to complete the purchase while arranging sale of his residential property.
Our Solution
We arranged emergency bridging finance within 48 hours, allowing completion to proceed. Exit was through residential property sale and long-term HMO mortgage.
Testimonial
"The speed of arranging bridging finance saved my first HMO purchase. Within 48 hours we had the funds to complete - it was incredible service."
SW
Simon Wright
First Time HMO Investor