Case Study: How Bridging Finance Helped a Homebuyer Secure Their Dream Home

At J Finance, we help homeowners navigate property chain delays and fund their purchases quickly when traditional mortgages can’t keep up. Here’s how we helped a client use bridging finance to buy their dream home before selling their existing property.

Client Profile

  • Name: Mark & Lisa (Homeowners)

  • Situation: Wanted to buy their new home before selling their current property.

  • Challenge: Property chain delays put their purchase at risk, and they needed a solution fast.

The Problem

Mark and Lisa had found their dream family home for £550,000, but they hadn’t yet sold their existing house.

They had a buyer lined up, but due to delays in their buyer’s mortgage process, their sale was taking longer than expected. The seller of their new home was unwilling to wait, meaning they risked losing the property altogether.

A traditional mortgage wasn’t an option because:

❌ Their deposit was tied up in their current home, which hadn’t yet sold.
❌ They needed to complete quickly, but standard mortgage approvals take too long.
❌ The property chain was causing delays, and they couldn’t afford to wait.

Mark and Lisa needed a fast, short-term finance solution to bridge the gap until their sale completed.

The Solution: A Residential Bridging Loan

After speaking with J Finance, we arranged a bridging loan to allow them to buy their new home immediately without waiting for their current house sale.

Bridging Loan Details

  • Loan Amount: £300,000

  • LTV: 65%

  • Term: 12 months

  • Exit Strategy: Repay in full once their existing property sold

This meant they could secure their dream home now and repay the bridging loan once their sale completed—avoiding the stress of losing the property.

The Result

✔️ Dream Home Secured – Mark and Lisa moved into their new house without delays. The lender put a charge on the new property and a comfort charge on the existing home.
✔️ No Property Chain Issues – They avoided the stress of waiting for their buyer’s mortgage to be finalised.
✔️ Flexible Repayment – The bridging loan was repaid in full once their existing home sold three months later.
✔️ No Monthly Repayments Required – They chose a rolled-up interest option, so they didn’t have to make payments until the loan was settled. The loan also covered stamp duty at the higher level.

How J Finance Helped

✅ Fast Bridging Loan Approval – Arranged finance within 10 days, avoiding delays.
✅ Flexible Lending Criteria – No need for a standard mortgage application process.
✅ Stress-Free Moving Process – Allowed them to buy first, sell later without rushing.
✅ Clear Exit Strategy – Ensured they could repay the loan easily once their sale completed.

Could Bridging Finance Help You?

If you're stuck in a property chain, need to buy before selling, or require quick funding for your next home, bridging finance could be the solution.

At J Finance, we specialise in helping homeowners secure fast and flexible property finance when they need it most.

📞 Call us today for a free consultation.
📩 Book an appointment to discuss your bridging finance options.

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