Central Bridging’s large loans generating considerable interest

Published on

Central Bridging has quoted £75m of loans in just over a week, including a £28m loan on a £60m residential property in Mayfair.

With the valuation completed and the overseas client having already flown into London for legal advice, the firm says completion of this deal is “imminent”.

Suited to both UK and overseas investors, its large loans can be secured against both residential and commercial property and have no maximum property value.

Centra l Bridging said the loans are generating interest from both offshore companies and trusts that remain keen to invest in London.

Further loans quoted in the last week include a £22m loan on a commercial property in Canary Wharf, £14m against two Knightsbridge residential properties and £7m on another residential investment property in St Johns Wood.

John Clifford (pictured), managing director at Central Bridging, said: “With funders who allow us to retain full decision-making autonomy in house we can offer an initial directors decision and terms within hours. Thereafter, our team has the vast experience and knowledge needed to complete these large and unique loans quickly.

“Our brokers have told us that finding lenders who will consider very large loans against high value, single unit properties without imposing a maximum property value has been all but impossible in recent years. Thanks to our funding lines the impossible has now become possible.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Stop tinkering: Why mortgage tech needs a proper overhaul

Let’s be honest. If you work in the UK mortgage market right now, you...

Richard Goppy to rejoin PMS as director of acquisition and key accounts

PMS Mortgage Club has confirmed the appointment of Richard Goppy as director of acquisition...

Renters’ Rights Act to reshape buy-to-let risk models

The Renters’ Rights Act is set to trigger a fundamental shift in how lenders assess risk...

MAB research shows confidence among buyers is rising, but many still hesitate

More than half of prospective buyers say they are ready to purchase in 2026,...

Market Harborough cuts fixed rates and adds pre-completion switch option

Market Harborough Building Society has cut fixed mortgage rates by up to 36bps and...

Latest publication

Other news

Stop tinkering: Why mortgage tech needs a proper overhaul

Let’s be honest. If you work in the UK mortgage market right now, you...

Richard Goppy to rejoin PMS as director of acquisition and key accounts

PMS Mortgage Club has confirmed the appointment of Richard Goppy as director of acquisition...

Renters’ Rights Act to reshape buy-to-let risk models

The Renters’ Rights Act is set to trigger a fundamental shift in how lenders assess risk...