Like any field you will always encounter hurdles from factors outside of your control. This is no different in bridging finance, but thanks to the knowledge and expertise of our brilliant team, they always go the extra mile to provide a solution, which was exactly what happened in one of our latest deals. 

Just before we finished for the holiday season our client required an ultra-fast turnaround to capital raise towards the deposit of a buy-to-let purchase. Our underwriter, Emily, worked closely with broker, Ben Murphy of BM Property finance, and solicitors, JMW, to complete the deal extremely quickly, working tirelessly to ensure the borrower wouldn’t lose out on the onward property.  

Thanks to her brilliant work and utilisation of our desktop valuation method, title insurance and docu sign, we were able to proceed through legal seamlessly with no upfront legal costs for the borrower in just five working days. This allowed the borrower to access the £62,000 funding needed for a capital raise towards their deposit before the holiday shut down. The even better news? The borrower received an extremely competitive rate at just 0.85% thanks to the excellent working relationship our National Account Manager, Sam, has with Ben Murphy after countless successful deals!  

While this was a close call, we are always willing to work with our brokers and borrowers to provide tailored solutions using our team’s expert knowledge – no matter what time of year we will always work down to the last second to fund deals even on the 23rd of December before the holiday shut down!