I hope you had a wonderful holiday season and are ready for an exciting year ahead. To kick things off, I wanted to share two fascinating cases we completed right before Christmas.
These examples highlight the incredible flexibility of bridging finance and its ability to resolve last-minute client challenges. Interestingly, both clients were let down by different lenders at the final hurdle – but we stepped in to deliver swift solutions.
Case 1: Quick Auction Purchase
- Borrower: UK Limited Company
- Purpose: Auction purchase of a buy-to-let property
- Security: First charge
- Loan Amount: £179,720
- Purchase Price: £298,000
Highlights:
Dual representation for legal work (client’s own solicitor)
AVM (Automated Valuation Model) for speed
Completion Time: 3 days – From enquiry to legal completion!
Case 2: Complex Dual Security Solution
- Borrower: UK Limited Company (SPV)
- Security:
- Type 1: Farm with 22 acres and outbuildings
- Type 2: Residential property
- Charges: First and second charge, with additional security
- Loan Amount: £1,804,000 (across both securities)
- Purchase Price: £1,350,000
Highlights:
Retyped valuation addressed to previous lender
Raised 100% of the purchase price, plus interest and purchasing costs
Completion Time: 4 days – From enquiry to legal completion!
Let’s Talk About Your Cases!
If you have any scenarios you'd like to discuss, feel free to reach out. I’d be delighted to explore how we can help.
Best regards,
Myles Williams
Call us on 01753 369300
Email us at mw@envelopfinance.co.uk
Or visit us at www.envelopfinance.co.uk
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