🏡 Case Study: Using Bridge To Avoid Loss Of Funds – Bridging Finance to Secure a New Build Purchase & Avoid Loss of Funds
Problem
🏡 Case Study: Bridging Finance to Secure a New Build Purchase & Avoid Loss of Funds
- High-net-worth client purchasing a new-build property in London • Faced contract rescission due to multiple purchase extensions • Previous advisor failed to secure a mortgage, creating urgent funding issues
- The client initially wanted to use a one-partner law firm, which did not meet the lender’s requirements • Deposit funds were arriving from China, adding further complexity to compliance and timing • Developer was prepared to rescind the contract, putting the client’s investment at risk
Solution
✅ Recognizing the urgency, we:
- Engaged a trusted bridging lender with the ability to fast-track transactions • Ensured the lender immediately instructed a survey and legal due diligence • Set a hard deadline for completion to prevent contract rescission
- Partnered with a specialist commercial solicitor experienced in fast-tracked transactions • Ensured all Anti-Money Laundering (AML) and conveyancing checks were completed efficiently • Coordinated lender, solicitor, and client to meet the tight deadline
Outcome
- Successfully secured bridging finance to complete the purchase • Avoided the risk of losing a substantial deposit • Structured financing to allow seamless transition to long-term mortgage financing
- Navigated international funding complexities with a compliant and fast-acting lender • Secured the property purchase despite the developer’s pressure to rescind • Provided a structured plan for refinancing onto a long-term mortgage
💰 📢 If you’re facing a tight property purchase deadline or funding challenges, we specialize in fast, structured solutions. Contact us today to secure your investment with expert bridging finance strategies.
