Recognising the urgency, our mortgage broker explored solutions that would allow the clients to proceed without waiting for their sale to complete. Within days, we arranged a bridging loan secured on both their current home and the new property.
The loan provided the funds to purchase the bungalow immediately, keeping the sale intact and their dream alive. The bridge was organised in just five working days, giving solicitors the time they needed to finalise the transaction.
Importantly, the finance carried no early repayment charges – ensuring that once their original home sold, the couple could repay the loan in full without penalties. You can read more about bridging finance in our official guide here.
The result: confidence, continuity, and completion
Thanks to the Private Finance team’s quick thinking and expertise, our clients secured their new home exactly as planned. They moved forward with peace of mind, confident that they would repay the lending via the sale of the previous residence.
What began as a potentially derailed move transformed into a success story – proof that with the right advice, even a broken chain doesn’t have to break your plans.