Downsizing To A Smaller Property

Client F was downsizing and looking to purchase a new smaller property. She didn’t want to miss out on a new home she had set her sights on. Her existing property had some previous holiday lets. These Holiday lets had not been let out in over 4 years. As this property had a commercial element to it the client was struggling to find a lender. We were able to find her a willing lender who secured against both properties. She didn’t lose out on her preferred new home and will repay the bridging loan once her current property sells.

View all bridging case studies: