Rebridge on a residential property

 

Enquiry: An existing customer has recently spent 12 months developing a property for re-sale. Sadly, the property market is not where he needs and wants it to be to ensure he receives the funds he had budgeted for. 

 

Solution: We were able to source a funder who would offer a 12 month re-bridge giving our customer the time he needs for the market to pick up and the right purchaser to come along and offer him the price he wants. 

 

Product: Commercial Bridge Loan £490,000