We stepped in after being let down by a bridging loan provider

Due to a series of unfortunate circumstances Mr Anonymous had a property owned by him repossessed. He had been dealing with another broker who he had paid an administration fee to, and a bridging loan lender who he had paid further fees to, including valuation, administration and legal fees.

His application dragged on, the property was repossessed, which made things more difficult, and eventually the bridging lender he was using declined the application.

Pressure was mounting from the official receiver who was ready to auction the property, and then he found us.

Our client wanted to gain back control of the property to allow him to clear the property, carry out some urgent repairs, make some minor improvements and carry out some decoration. He would then sell it through an agent on his own terms.

We saved time and money by making use of the valuation that was carried out by the lender who let him down.

Our client got his keys back after we put a bridging loan in place within a week!