Our client was a single applicant based in London, who owned a semi-detached residential property valued at approximately £635,000.
Area: London
Capital Raised: £390k
Date: 2019
Our client was a single applicant based in London, who owned a semi-detached residential property valued at approximately £635,000.
He was a self-employed company director, earning income from both trading and a property portfolio. Combined annual income was approximately £45,000.
At the time of the application, the property was jointly owned by his ex-partner and had an outstanding mortgage balance of approximately £190,000.
The client required funding to finalise a divorce settlement and proceed with a new property arrangement.
His objectives were to:
The bridging facility was required to complete the settlement without waiting for the sale of the family home, enabling both parties to move forward independently.
This case involved several important considerations that required both sensitivity and efficient structuring.
The transaction centred around a divorce settlement requiring urgent funding within a strict timeframe. In addition, the property’s ownership structure needed to be reorganised while refinancing the existing mortgage.
The case also carried emotional and financial pressure due to the personal circumstances involved, while the repayment strategy relied on the future sale or refinance of the property.
Traditional mortgage options were unsuitable due to the time-sensitive settlement and the need for immediate liquidity.
We arranged a tailored regulated bridging loan designed specifically to refinance the existing mortgage and fund the divorce settlement.
The funding solution included:
The lender selected provided the flexibility and speed required to complete the refinance and settlement within the required timeframe.
The structure enabled the client to settle the existing mortgage obligations while also achieving a clean financial separation.
This case required a sensitive and carefully structured approach throughout the transaction.
We carried out a detailed assessment of the client’s financial position, settlement obligations, and proposed exit strategy before structuring a bridging facility aligned to the wider separation process.
A suitable lender was sourced that could accommodate the complexity of the personal circumstances while also delivering funding within the required timescales. The facility was then carefully aligned with the planned future sale or refinancing of the property.
Throughout the process, communication among all parties was managed proactively to ensure the transaction was completed smoothly and without unnecessary stress for the client.
The bridging loan completed successfully, enabling the client to refinance the existing mortgage and complete the divorce settlement.
As a result, the client was able to:
Conclusion:
This case highlights how bridging finance can provide effective solutions to complex personal situations, such as divorce settlements, particularly when timing is critical.
By focusing on equity position and exit strategy, bridging lenders can help clients secure the flexibility and certainty needed to move forward during major life transitions.
