Our client was a retired homeowner with a long-established residential property in Windsor valued at approximately £535,000.
Area: Windsor
Capital Raised: £505k
Date: 2018
Our client was a retired homeowner with a long-established residential property in Windsor valued at approximately £535,000.
With no existing mortgage secured against the property, the client had built substantial equity over time, although much of his overall wealth remained tied up within property assets rather than accessible liquidity.
The client had successfully agreed the purchase of a new residential property and needed to complete the transaction quickly following the collapse of the property chain.
His objectives were:
The client required a fast and flexible finance solution that would allow him to proceed with the purchase despite the breakdown in the chain.
This case involved several important considerations that required careful structuring and efficient lender selection.
The transaction was highly time-sensitive following the collapse of the property chain, placing the purchase at risk if funding could not be arranged quickly. Although the loan requirement appeared high initially, the client’s strong equity position and overall asset value significantly reduced the underlying risk.
The client was also retired, meaning liquidity and affordability needed to be assessed carefully, while the proposed exit strategy relied on the future sale of the existing property.
The client therefore required a lender capable of assessing the wider asset position and structuring a bridging facility around both properties involved.
We arranged a tailored regulated bridging loan designed specifically to allow the client to complete the purchase quickly following the chain collapse.
The funding solution included:
The overall security structure included:
The structure enabled the client to proceed confidently with the purchase while maintaining flexibility around the eventual sale of the original property.
Given the urgency created by the collapsed chain, proactive case management and fast lender engagement were essential throughout the process.
We carried out a detailed review of the client’s overall asset position and structured the facility using security across both properties involved in the transaction. A suitable lender was then sourced that could accommodate the time-sensitive nature of the case while recognising the strength of the combined security position.
The facility was aligned carefully with the planned sale of the existing property, while communication between all parties was managed closely to ensure the transaction progressed smoothly and completed within the required timeframe.
This approach enabled the client to secure the new property without unnecessary delays or disruption.
The bridging loan completed successfully, enabling the client to proceed with the property purchase despite the collapsed chain.
As a result, the client was able to:
Conclusion:
This case highlights how bridging finance can provide an effective solution when property chains collapse, allowing clients to use total asset value to strengthen borrowing structures and reduce overall lending risk.
With the right lender relationships and strategic structuring, bridging finance can help clients complete important property transactions quickly and confidently, even in time-sensitive situations.
