{"id":14577,"date":"2019-09-20T16:07:33","date_gmt":"2019-09-20T08:07:33","guid":{"rendered":"https:\/\/www.dev.articusfinance.com\/uncategorized-us\/high-value-bridging-loan-for-uhnw-individual"},"modified":"2023-08-11T00:20:37","modified_gmt":"2023-08-10T16:20:37","slug":"high-value-bridging-loan-for-uhnw-individual","status":"publish","type":"post","link":"https:\/\/backup.articusfinance.com\/us\/case-studies\/high-value-bridging-loan-for-uhnw-individual","title":{"rendered":"High Value Bridging Loan for UHNW Individual"},"content":{"rendered":"<p>At first glance, it might seem like mainstream lenders are able to offer a wide variety of finance structures and mortgage deals. But in reality, there\u2019s a significant subset of specialist lenders who can only be accessed via the right private contacts.<\/p>\n<p><em>Bridging loans can be a useful tool for a range of property transactions. To find out how it might benefit you, download our guide, <a href=\"https:\/\/backup.articusfinance.com\/us\/guides\/short-term-finance\" rel=\" noopener\"><strong>Using short-term finance to your advantage<\/strong>.<\/a><\/em><\/p>\n<p><!--more--><\/p>\n<p>These lenders are often the ideal match for complicated cases \u2013 as this story illustrates.<\/p>\n<h2 style=\"font-size: 15px;\"><span style=\"font-family: Verdana, Geneva, sans-serif; color: #134f5c;\"><strong>The client:<\/strong><\/span><\/h2>\n<p>The client in this instance was a UK national. The CEO of a hedge fund, this individual was an ultra-high net worth (UNHW) applicant looking to purchase a property well in excess of \u00a310 million, in one of London\u2019s most desirable locations.<\/p>\n<p>While this client was clearly in a strong financial position, he was facing a challenge in that he needed to move quickly to secure the property \u2013 and the nature of the asset meant that he couldn\u2019t secure a standard mortgage against it. He therefore needed a large bridging loan to complete the deal.<\/p>\n<h2 style=\"font-size: 15px;\"><span style=\"font-family: Verdana, Geneva, sans-serif; color: #134f5c;\"><strong>The solution:<\/strong><\/span><\/h2>\n<p>Given the client was looking for a bridging loan in the many millions of pounds, many mainstream bridging lenders would be unable to help.<\/p>\n<p>Fortunately, we have a strong relationship with a highly specialist lender able to offer high-value bridging loans to UHNW applicants. This lender is only accessible via a private contact, which highlights the value that an experienced broker can add to transactions of this nature.<\/p>\n<p>We were able to negotiate a reasonable interest rate on a 12-month term, with rolled-up interest, which added the interest payments into the loan amount.<\/p>\n<h2 style=\"font-size: 15px;\"><span style=\"font-family: Verdana, Geneva, sans-serif; color: #134f5c;\"><strong>The case in brief:<\/strong><\/span><\/h2>\n<ul>\n<li>UNHW UK national<\/li>\n<li>Seeking finance for a high-value London asset<\/li>\n<li>12-month bridging loan secured<\/li>\n<li>Specialist lender only accessible via a private contact<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>At first glance, it might seem like mainstream lenders are able to offer a wide variety of finance structures and mortgage deals. But in reality, there\u2019s a significant subset of specialist lenders who can only be accessed via the right private contacts. Bridging loans can be a useful tool for a range of property transactions. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":14578,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","footnotes":""},"categories":[61],"tags":[],"class_list":["post-14577","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-case-studies"],"acf":[],"jetpack_featured_media_url":"https:\/\/backup.articusfinance.com\/wp-content\/uploads\/2023\/01\/shutterstock_793935127-scaled.jpg","_links":{"self":[{"href":"https:\/\/backup.articusfinance.com\/us\/wp-json\/wp\/v2\/posts\/14577","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/backup.articusfinance.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/backup.articusfinance.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/backup.articusfinance.com\/us\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/backup.articusfinance.com\/us\/wp-json\/wp\/v2\/comments?post=14577"}],"version-history":[{"count":0,"href":"https:\/\/backup.articusfinance.com\/us\/wp-json\/wp\/v2\/posts\/14577\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/backup.articusfinance.com\/us\/wp-json\/wp\/v2\/media\/14578"}],"wp:attachment":[{"href":"https:\/\/backup.articusfinance.com\/us\/wp-json\/wp\/v2\/media?parent=14577"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/backup.articusfinance.com\/us\/wp-json\/wp\/v2\/categories?post=14577"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/backup.articusfinance.com\/us\/wp-json\/wp\/v2\/tags?post=14577"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}