“Successful bridging relies on quick decisions and dependable delivery, and this case is a clear example of how we provide both”
– Marios Theophanous – London Credit
London Credit has provided a £240,500 bridging loan to facilitate the purchase of a commercial property in Bedfordshire, just north of Luton.
The property comprises two retail units, both income-generating and occupied by long-term tenants, including one of the UK’s largest takeaway chains. The seller required rapid completion to repay an existing loan with a mainstream bank, making speed and certainty of funding essential.
London Credit evaluated the case and issued terms that accommodated the broker’s request for a fast turnaround. Close communication with both the broker and borrower allowed the deal to complete within approximately six weeks, meeting the seller’s deadline.
The loan was structured at 65% loan-to-value (LTV) over a nine-month term, secured against the commercial property. The stability of rental income from established tenants reduced investment risk, ensuring a straightforward and reliable outcome for the borrower.
“Successful bridging relies on quick decisions and dependable delivery, and this case is a clear example of how we provide both,” said Marios Theophanous, credit manager at London Credit. “By acting promptly and working in partnership with the broker and borrower, we were able to meet a challenging deadline while supporting the purchase of a property with a strong tenant profile. It’s a result that shows how a clear process and practical approach can help investors complete transactions when timing is critical.”
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