🏡 Deal of the week 🏡 Pleased to share the successful completion of a bridging loan for an auction purchase with a gross loan of £153,750 against a purchase price of £205,000 for an existing portfolio landlord. Working to tight timeframes, we were able to secure fast funding and give the client the confidence to go in strong at auction. Velocity Bridging & Matthew Gammond got the deal done as always within the tight timescales. It is refreshing when you have pro-active underwriting & legals, and finding out that the borrower is speaking directly with the underwriter, giving us as brokers time to work on getting the next deal sorted. If you're buying at auction or need short-term finance to grab an opportunity, contact me directly or give Will Fox a call on 01925 573328 #BridgingFinance #AuctionPurchase
Posted by lee.burke at 2025-07-07 10:59:35 UTC