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Second Charge Bridging Loan on Two Prime Properties

Associate Director

Zain Zaidi

Bridging Loan
Zain Zaidi
Associate Director

Zain Zaidi

  • Client: HNW UK Nationals
  • Property Value: Circa £8.5M

In this case, Enness was approached by high-net-worth clients requiring a fast bridging loan to resolve pressing financial obligations. Referred by another lender unable to meet the tight deadline, the clients needed the funds quickly.

  • The loan was secured against a couple of high-value properties
  • Tight timeframe, requiring quick completion
  • The loan was structured as a second charge bridging loan, which often requires consent from the first charge holder

Thanks to Enness’ established relationships with a variety of different lending partners, we swiftly arranged funding through a lender that could act decisively. By utilising advanced remote valuation methods and structuring the loan innovatively to bypass the need for first charge holder consent, the funds were successfully secured within the required timeframe.

At Enness, we work with a broad range of specialist lenders, including private offices, institutional providers, and individual investors. Our expertise ensures we can navigate tight deadlines and complex circumstances, giving clients confidence that their financial needs are met efficiently and effectively.

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