London Credit has announced that it has completed a £325,000 bridging loan to support the purchase of a commercial property in Birkenhead, helping a returning client secure their next investment without delay.
The experienced property investor required a fast and reliable finance solution to complete the purchase within a tight timeframe. London Credit responded immediately, ensuring approvals were secured and instructing valuers and solicitors to work in parallel, allowing the deal to complete in under three weeks.
The loan was structured at 65% loan-to-value over a 12-month term, secured against the commercial property in Birkenhead. The speed and certainty provided by London Credit gave the borrower the reassurance they needed to move ahead, demonstrating the lender’s strength in time-sensitive transactions.
“This case is a great example of what we do best. The borrower needed certainty and speed, and we delivered both," said London Credit's credit manager, Marios Theophanous (pictured). By moving quickly and working closely with all parties involved, we were able to complete the deal within the tight timescales."
“We understand that brokers and their clients often need quick decisions, and this deal shows that with the right team and a practical approach, it’s possible to get the result that’s needed.”
