Fast £800k chain break bridging loan

Summer 2023 The situation – Looking to move and having spotted their dream home, the clients were experiencing difficulties selling their existing property, despite being a beautiful large detached 4-bedroom family home in a sought after area of Solihull. Not wanting to lose their dream residential property, the married couple were considering a £800k chain break bridging loan to make some minor home improvements to help the sale as well as ensure they had the funds needed to purchase the new property. Having never experienced bridging finance before, they approached their mortgage broker. As one of the couple had a unique employment position, being employed as a captain on a ship for a well known shipping company, their existing broker recommended the clients to The Loan Partnership, given our established reputation for dealing with bridging loans with complex requirements. Bridging advisor Russ offered to help secure them an affordable deal, and quickly.

Our solution – After an initial phone call with the clients to fully discuss their situation. Russ set to work to source them a fast chain break loan with a competitive rate and minimal fees.

With senior contacts within several bridging lenders and in-depth criteria knowledge, Russ quickly identified that Greenfield Mortgages were the right bridging lender for the clients. Given Russ’s pre-application due diligence and strength of his communication, Greenfield Mortgages quickly agreed to a competitive loan for our clients with flexible terms to suit their budget.

Thanks to his dedication and expertise, we’re happy to say Russ was able to secure the funding they needed to secure the dream home and make the property improvements to help sell their current home. Very happy clients indeed.