London Credit completes £800k bridging loan on complex semi-commercial deal

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Specialist lender London Credit has delivered an £800,000 bridging loan on a semi-commercial property in Chiswick, west London, enabling the borrower to unlock capital for reinvestment into a separate development scheme.

The loan was secured against a four-storey period building comprising a ground-floor and basement retail unit, with five self-contained flats arranged above and to the rear. The borrower had sought a five-week turnaround in order to preserve momentum on a forthcoming project.

Adding to the transaction’s complexity, the borrowing vehicle was an offshore company. London Credit nonetheless concluded the deal within the required timeframe, underscoring its ability to manage cross-border ownership structures and unconventional borrower profiles with efficiency.

The lender worked closely with all parties involved to navigate the more intricate elements of the case. Both the broker and borrower praised the firm’s transparency and reliability during the process and have since returned to work with London Credit on further transactions.

Constantinos Savvides (pictured), head of underwriting at London Credit, said: “This case reflects the type of transaction where our experience really adds value. While the offshore structure introduced an additional layer of complexity, our collaborative approach and clear communication ensured a smooth and timely completion.

“It’s always encouraging to see that level of service recognised by both the broker and borrower, and we’re pleased to have established a strong foundation for future business together.”

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