✅ £243,000 bridging loan secured 🏠 Residential flat, London 📍 Below market value purchase (BMV) A portfolio landlord found a BMV London flat which had a 56 year remaining lease. The freeholder had agreed to extend to 146 years on completion, which would take the property from £184,000 to £325,000. The challenge was finding a lender willing to fund against that post extension value before the extension had legally completed. Through our lender panel, we found one who was perfect for the deal. The loan was structured at 75% of the purchase price plus 100% of the £53,000 lease extension cost, which was paid simultaneously on completion and covered in full within the facility. Our Head of Bridging and Commercial, George Melling, led this deal from start to finish. If you have a short lease deal you are trying to get funded, speak to us. 📄 Full case study now live on our site. 🔗

Posted by Saam Lowni at 2026-06-22 10:12:16 UTC