Overcoming Mortgage Challenges for a Complex Property Investment

Client:                      Property Investor

​​

Loan Type:            Bridging Loan

​​

Loan Amount:     £340,000

​​

Purpose:                Refinance

​​

​​​

Our client faced an urgent deadline to repay a private loan taken out on a multi-unit freehold block (MUFB) in Oxford. The property consisted of a 5-bed HMO and a self-contained flat, but the size of the flat fell below many lenders' minimum size requirements. With time running out and no suitable mortgage options, the client was under pressure.

We worked closely with the client to source a bridging loan, navigating the challenges posed by the flat’s size. Our team handled the entire process from instructing the valuation to staying on top of the solicitors, ensuring nothing fell through the cracks.

We successfully secured the loan within the tight deadline, allowing the client to repay the private investor on time. Additionally, the deal raised extra funds, which the client used to refurbish the property.

By working collaboratively and staying proactive, we were able to secure a challenging mortgage deal, demonstrating the importance of personalised solutions and attention to detail in property financing.