LendInvest Mortgages has announced that it has completed a bridging loan of over £17 million to support the bulk acquisition of a 50-home residential portfolio across Hampshire and Dorset.
The deal, arranged through an intermediary partner, allowed an experienced property investor to act quickly on a discounted bulk purchase from a developer.
The borrower, with more than a decade of experience in the UK property market, needed a fast and flexible funding solution to meet the developer’s timelines. LendInvest structured the portfolio bridge to cover 90% of the purchase price while accommodating the complexities of acquiring multiple properties at once.
A clear exit strategy played a key role in the transaction. The investor plans to refinance 20 of the 50 homes onto LendInvest’s buy-to-let (BTL) products within 90 days of purchase. This “bridge-to-let” approach illustrates how the lender’s short-term bridging solutions can link directly to longer-term financing.
Michael Minnie, head of bridging sales at LendInvest (pictured), said, “This significant deal is a perfect example of LendInvest’s commitment to offering flexibility when it comes to short-term lending.” He added, “We are absolutely thrilled to facilitate this £17 million deal and solidify that short-term lending is no longer just a niche or reactive solution. When used strategically, as in this case, this type of flexible and certain funding can empower property investors to seize high-value opportunities.
“By combining our bridging expertise with a clear path to long-term buy-to-let finance, we’ve provided a seamless end-to-end solution for a sophisticated client.”
Please visit:
Our Sponsor
