Case Study: Bridging Loan for Property Developer


An experienced Developer wished to purchase a three bedroom semi-detached property on the outskirts of Essex. The property was in need of refurbishment throughout. To add further value, the Developer planned to extend the property within the existing development rights, creating a larger kitchen and dining space.

The property was valued at £550,000 and the Developer had a deposit and £60,000 cash to put towards the renovation. To purchase the property and complete the work he required a loan of £380,000. The exit strategy would be through the sale of the property.


The Developer contacted his local financial advisor to discuss the best available options. Unsure of which lender would consider financing the project on a short-term basis, the adviser contacted Ingard’s Specialist Team. The team negotiated competitive terms with one of their bridging lenders, highlighting the Developer’s previous experience and success.

The Developer completed the work to the property and secured a buyer within 7 months. Post-works the property was valued at £800,000. The bridging loan was repaid through the sale of the property with no early repayment charges.

This case study is for illustrative purposes only.