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London Bridge-to-Let

Loan Type: Bridging Finance

Loan Amount: £1,378,000

Location: London (E1W)

Lender: Aspen Bridging

One of our network partners David Kan of Auriga Commercial Ltd recently completed on a 1st Charge unregulated bridging loan. 

The client is this case was looking to purchase a London Flat – With an estimated property value of £2.12M.

The client is an individual borrower who currently resides in China, where they have 2 buy-to-let properties let out.

The client’s priority for funding was speed due to the short completion widow on the property. The planned exit route for the bridge is a buy-to-let mortgage.

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