LendInvest funds £17.3m bulk acquisition bridge at 90% LTV

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LendInvest has completed a £17.3m portfolio bridging loan to support the bulk acquisition of 50 homes across the South of England.

The specialist lender provided the funding to enable an experienced property investor to acquire a residential portfolio from a developer at a discounted price, with the properties located across four towns in Hampshire and Dorset.

The deal was introduced by an intermediary and structured to allow the borrower to move quickly on the opportunity. The bridge was agreed at 90% of the purchase price, reflecting the scale of the transaction and the strength of the borrower’s experience.

The investor, who has more than a decade in the UK property market, required a funding solution capable of accommodating the complexity of a multi-property acquisition, while meeting tight completion deadlines set by the developer.

A clear exit strategy formed a central part of the transaction. The borrower intends to refinance 20 of the 50 homes onto LendInvest’s own buy-to-let products within 90 days of completion, creating a structured bridge-to-let approach.

Michael Minnie (pictured), head of bridging sales at LendInvest, said: “This significant deal is a perfect example of LendInvest’s commitment to offering flexibility when it comes to short-term lending.

“We are absolutely thrilled to facilitate this £17 million deal and solidify that short-term lending is no longer just a niche or reactive solution.

“When used strategically, as in this case, this type of flexible and certain funding can empower property investors to seize high-value opportunities.

“By combining our bridging expertise with a clear path to long-term buy-to-let finance, we’ve provided a seamless end-to-end solution for a sophisticated client.”

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