Our clients were a couple based in Windlesham, Surrey, who owned a six-bedroom detached property valued at approximately £3.25 million.
Area: Windlesham, Surrey
Capital Raised: £1.515 Million
Date: 2019
Our clients were a couple based in Windlesham, Surrey, who owned a six-bedroom detached property valued at approximately £3.25 million.
They had lived in the property for more than 24 years and were both company directors involved in running their own business.
At the time of the application, the property was subject to an existing mortgage balance of approximately £1.25 million, alongside a second charge bridging facility of approximately £165,000 that was approaching expiry.
The clients had also experienced difficulties with a previous tenant who failed to pay rent, leaving arrears exceeding £100,000.
The clients required funding to refinance existing liabilities and release additional capital to support their business.
Their objectives were to:
The clients had explored traditional remortgage options but were unable to proceed due to insufficient personal income, making bridging finance the most viable solution.
This case involved several important complexities that required specialist lender selection and careful structuring.
The transaction centred around refinancing multiple expiring liabilities under significant time pressure, while also incorporating additional borrowing for business investment.
The clients had insufficient income to qualify for a traditional remortgage, alongside adverse credit factors and substantial tenant arrears linked to a previous letting arrangement.
The repayment strategy also relied on the successful future sale of the property, further increasing the need for a flexible short-term solution.
We arranged a tailored regulated bridging loan designed specifically to consolidate the existing liabilities and release additional business capital.
The funding solution included:
The structure enabled the clients to refinance multiple debts into a single manageable facility while also releasing capital for their business.
This case required a structured and proactive approach throughout the transaction.
We carried out a detailed assessment of the clients’ full liability position, business requirements, and proposed exit strategy before structuring a bridging facility aligned to the planned property sale.
A suitable lender was sourced that could accommodate high-value lending, adverse credit, and the complexity of the overall debt structure while also delivering funding ahead of the existing loan expiry deadlines.
Throughout the process, communication between all parties was managed proactively to ensure the refinance completed efficiently and without unnecessary delays.
The bridging loan completed successfully, enabling the clients to refinance their existing liabilities and release additional capital for business use.
As a result, the clients were able to:
Conclusion:
This case highlights how bridging finance can provide effective solutions for high-value refinancing and business funding scenarios where traditional lenders may be unable to accommodate income or credit constraints.
By focusing on asset value and exit strategy, bridging lenders can help clients resolve complex liabilities while maintaining flexibility and access to additional capital.
