Bridging loans do require adaptation and adjustments throughout the application and underwriting process, meaning lenders must remain agile and able to make changes to focus on the best interests of the borrower.
This case study demonstrates West One’s proactive and agile approach to underwriting, as well as the team’s experience that allowed them to make the necessary decisions required to complete this complex case.
- Loan value
£1.31m
- Property Value
£2.06m
- LTV
63%
- Rate
1%
- Loan term
12-months
- Application to completion:
3-months