Inspired Lending funds restructuring of £1.3m complex portfolio

Published on

Inspired Lending has provided a six-month bridging loan facility of £1.3m secured against multiple properties at a LTV of 68%.

The loan facilitated a complex refinancing and restructuring of the borrower’s portfolio.

The loan allowed the borrowers to repay existing borrowings and move their properties from personal names into a corporate structure. This also freed up other portfolio properties for development projects.

The transaction involved multiple lenders and had several legal challenges to overcome. With the properties now in a new corporate vehicle, the borrower will obtain refinance to repay their bridging loan.

Gavin Diamond (pictured), CEO at Inspired Lending, said: “The key to this case was to quickly understand all the challenges that were faced, so that a solution could be provided, and, in my experience, many lenders faced with some of the issues we came across would have walked away.

“However, we knew it was a great deal, which included a client with a clear need and way to exit the facility safely and quickly. Deals like this cement our belief in our proposition as a common-sense bridging lender, who are bringing bridging back to basics.”

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

First-time buyer numbers set to reach second-highest level in a decade

The number of people buying their first home is expected to rise sharply this...

The Leeds trims mortgage rates for new year

Leeds Building Society has cut mortgage rates by up to 0.26% across a wide...

Nationwide expects steady house price growth in 2026 as affordability pressures ease

Housing market activity proved more resilient than many expected in 2025, despite subdued consumer...

Rental prices hold steady as supply edges higher, Propertymark finds

Average rents agreed across the UK remained broadly flat in 2025, despite a rise...

Lloyds data points to shifting housing hot spots as regional markets diverge

The South West city of Plymouth topped Lloyds’ latest ranking of housing hot spots,...

Latest publication

Other news

From one-off deal to lifetime client: why protection reviews keep you connected

When I first started out in the mortgage industry, I used to think the...

2026 forecasts: why advice will matter even more this year

As we move into 2026, mortgage rules are changing and the aim is clear...

First-time buyer numbers set to reach second-highest level in a decade

The number of people buying their first home is expected to rise sharply this...