We've put together this quick case study to show you how a Bridging Loan might help you help one of your clients. Here are the salient points:
- The client's buy-to-let lender pulled out at the last-minute
- The client was already in their notice-to-complete period after exchanging
- We approved the client, got the valuation completed and sent them the legal documents
- Completion of the property survey happened on the next working day
- The client signed the legal documents the following day after which their solicitor sent them over to us
- Working together with the client, we completed the case in five days just in time so that the client did not lose their deposit of £33,000 and for them to avoid losing the investment property
Interested? Then click here for more information.