The High-Leverage Auction Sprint
Asset
Residential Purchase (Refurbishment project)
The Deal
£480,000 Bridging Loan
The Structure
80% Net Day 1 at 0.7% per month
The Win
Buying at auction means a 28-day ticking clock. The borrower needed maximum leverage to keep their cash reserves for the refurbishment. We structured the loan so the interest was rolled on top, ensuring they received the full 80% of the purchase price on Day 1.