LendInvest Mortgages has completed a £3.062 million regulated bridging loan in 25 working days, enabling an experienced investor to refinance their primary residence and raise capital for a further property investment.
The facility was agreed at 70% loan-to-value on a 12-month term, with the borrower using equity in their home to fund the acquisition of another property.
The case involved the consolidation of existing debt and a significant equity transfer, with the exit strategy based on the sale of the borrower’s original home.
LendInvest said the deal demonstrated the use of regulated bridging as a means of releasing equity for property acquisition, where there is a clear repayment route and sufficient borrower experience.
The lender said its short-term lending team moved the case from enquiry to drawdown within 25 working days.
Leanne Ardron, managing director, short-term lending at LendInvest, says: “This £3 million deal is a great example of how regulated bridging has evolved into a sophisticated strategic tool, and how specialist lenders like LendInvest can be the ideal lending partner when complex cases are presented.
“By prioritising common-sense underwriting and speed, we were able to deliver a solution in only 25 working days.
“At LendInvest, our goal is to simplify the process for brokers and their clients, proving that, even at high loan volumes, we can maintain the agility required in today’s fast-moving property market.”
