£3.3m regulated bridge - common sense underwriting to save a complex case

Bridging loans by their very nature are not one size fits all finance. Whether there are complex legal issues, time constraints, varied loan sizes or unique applicants every application is different, and this is why West One treat every case on its own merit and has a unique approach to underwriting to ensure the conversion for the client.

  • Loan value:
  • LTV:
  • Rate:
  • Loan term:
    12 months 

The client

An entrepreneur and property investor who has a global property portfolio.

The client, a successful property investor, needed to secure £3.38m to buy a large leasehold apartment in a prime location valued at £4.8m. Although the client had an impressive asset list, he did not have the liquidity to fund the purchase, nor was he able to realise some of his assets in time. As the case progressed, further legal complications came to light in the conveyancing report and at the last minute it was discovered that the purchase was at risk due to a lack of funds for stamp duty land tax.

The case required a breadth of underwriting experience from the team at West One and the flexibility and skill to restructure a large deal of this nature to ensure the completion. The underwriter had to navigate various hurdles and worked closely with solicitors, legal teams, and the introducing broker to restructure the deal to ensure comfort with lending.

Large loans often carry higher risk and more complex requirements; however, this is where a common-sense approach to underwriting coupled with a strong lender /broker relationship can ensure a positive outcome. Our flexible approach to underwriting means we can consider what might look like an impossible case and find a suitable solution.


The client was able to purchase the property and was extremely happy with the outcome. The introducing broker was extremely impressed with the speed of completion as well as the skill required to complete a very complex case for his client.


Comment from the introducing broker:

“We are writing more and more business with West One on bridging finance. Their can-do attitude means that even, as happens on many complex cases, the details change as times go on, West One always look for a way to fund the case.”