
The Client
The client was an experienced property developer and repeat borrower with West One.

The Situation
The client needed to refinance an existing charge that was imminently expiring and needed additional funds for capital expenditure.
The security was owned by the borrower as part of a large, complicated portfolio. The portfolio was a mix of residential, commercial and industrial assets which all required separate valuations.
The borrower was under time pressure to refinance adding a further layer of complexity. Despite all of this, we completed the refinance in 5 working days.

The Solution
The most suitable form of finance, in this case, was a bridging loan.
The client had a mixed portfolio comprising of 7 industrial units, 4 retail units, 3 self-contained residential flats and 1 single dwelling house, each needed its own valuation.
The team worked extremely hard to ensure the valuations went as quickly and as smoothly as possible.
They worked with the client to gather all the information needed to propel the case forward, including constant communication between the valuers and the client.

The Benefit
This borrower came to West One as they had worked with us before. They knew we could deliver and were very aware of our speed and consistency of service.
The Result
The team acted with urgency and flexibility. The client was spared a lot of stress due to the speed of completion. In addition to the refinance, we were also able to raise additional funds that allowed the borrower to undertake important refurbishment works on the property, all in just 5 working days.

Related Case Studies


9-day completion: Fast Track Bridging for an auction purchase
£96K Loan Size 74.4% LTV 1.05% Rate 9 Months
How West One’s flexible criteria saved the deal
£515K Loan Size 68% LTV 1.05% Rate 12 Months