Case Study - Chain Break Bridging Loan

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Chain-Break Bridging Loan in Surrey for Family Upsizing

Client: Home Movers

Location: Guildford, Surrey

Loan Amount: £250,000

Term: 6 months

Loan Purpose: Chain break

LTV: 60%

Exit Strategy: Sale of existing home

 

The Challenge

A young family had secured their dream home but risked losing it due to delays in selling their current house. Their mortgage offer was time-sensitive.

Our Solution

We arranged a £250,000 chain-break bridge within 2 weeks, secured on their existing home, with repayments deferred for 6 months.

The Result

They completed their purchase and later sold their original home within 3 months, repaying the loan comfortably.

This flexible solution ensured a smooth move without financial pressure.

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