- We completed a £6.4 million refinance for a 43-property portfolio, enabling the client to meet a critical deadline and secure funds for future acquisitions.
- The refinance was completed swiftly, moving from offer to funding in just five days, thanks to close collaboration with The UK Adviser and proactive efforts from key team members.
- Our creative solutions and teamwork with legal and underwriting teams helped the client meet their bridge loan deadline, retain most properties, and raise significant funds for future investments.
We’ve completed a £6.4 million refinance for a 43-property portfolio, helping our client meet a critical deadline and unlock funds for future acquisitions.
Earlier this year, our client bought the North West property portfolio at 30% below market value with a bridging loan. With a bridge loan payment coming up, they needed a refinance to meet the deadline and get extra funds for more investments.
Thanks to our close collaboration with The UK Adviser, the case was completed at speed. Wes Baker, our Business Development Manager for the North of England, and Stephen Mettler, our Senior Underwriter, made sure we got a full redbook valuation right away, moving the case from offer to funding in just five days.
Our reputation for finding creative solutions to complex challenges came through here. We even paid the legal fees before the case was formally offered, ensuring our client could meet the bridge payment deadline.
Marie Bennett-Staples from Glovers and the client’s solicitors, Claudia Rubiano and Avi Barr from BBS Law, worked closely with Melanie Franks, our Senior Completions Officer, to ensure everything went smoothly and quickly.
In the end, our client kept 43 properties, sold two, and raised a seven-figure sum for future investments.
Andrea Glasgow, Sales Director of Specialist Mortgages at HTB, said:
“This case had all the hallmarks of a complex transaction—tight deadlines and multiple moving parts—but that’s where we excel. We worked closely with the broker to craft a tailored solution, meeting the client’s needs not just in terms of speed, but by unlocking the flexibility needed to expand their portfolio in a competitive market. Our ability to adapt and respond to individual client requirements is at the heart of what we do.”
Wes Baker, Business Development Manager for the North of England at HTB, added:
“In cases where time is critical, communication is key. We pride ourselves on keeping everyone connected—from the broker to our underwriting and legal teams—so that no detail is overlooked. For this deal, it was our collaborative approach that made all the difference, allowing us to complete the refinance swiftly and without compromise.”
Maxim Cohen, Chief Executive of The UK Adviser, commented:
“This was a real team effort. Working with HTB was a pleasure, and the entire process was both efficient and professional. Wes Baker was always on hand to assist, keeping everything on track. Stephen Mettler and Melanie Franks also showed exceptional professionalism and speed throughout. As a responsible broker, executing a successful and timely exit from a bridging loan not only builds confidence in the process but also demonstrates the long-term benefits of bridging loans. Purchasing property at 30% below market value and then realising its true market value upon exit is a fantastic outcome for the client.”
Read the original story here.