Case Studies
Berkeley Credit
Case Study
Bridging Loan · Residential Portfolio
Kensington & Ascot
London W14 · Berkshire
Loan
£1.29m
Term
12 months
Gross LTV
65%
Rate
1.00% pm
Deal Highlights
- £1.29m bridging facility at 65% gross LTV over a 12-month term
- First legal charges over a Kensington flat and a four-bedroom Ascot home, £1.99m combined value
- Equity release ahead of sale, funding the borrower’s overseas development investments
- Dubai-resident borrower with no UK bank accounts or credit footprint
- Source of funds fully verified through solicitor confirmations and dual overseas ID checks
- One facility letter, two separate charges — either property can be sold and paid down independently
- Exit via open-market sale, with both properties already listed and interest serviced quarterly in advance
Berkeley Credit. This case study is provided for information purposes only and does not constitute an offer of finance. Figures are rounded and correct at the time of completion.
Berkeley Credit
Case Study
Further Advance · Bridging Loan · Prime Residential
Burwood Park
Walton-on-Thames, Surrey
Loan
£2.52m
Further Advance
£620k
Gross LTV
53%
Value
£5m
Deal Highlights
- £2.52m total facility issued to the borrower at 53% gross LTV, including a £620k further advance
- £5m six-bedroom detached home of 7,588 sq ft on a private Surrey estate
- Equity release funding legal costs and a cash reserve for a four-property London acquisition pipeline
- Third drawdown for an existing corporate borrower — repeat business on the same facility
- Guarantor with a complex international profile, cleared through third-party enhanced due diligence
- Risk managed with equitable charges taken over two additional prime central London properties
- Exit via term refinance, with an incoming bank’s offer already through valuation at £5m
Berkeley Credit. This case study is provided for information purposes only and does not constitute an offer of finance. Figures are rounded and correct at the time of completion.
Berkeley Credit
Case Study
Second-Charge Bridging Loan · Residential
Ravenscroft Park
Barnet, North London
Loan
£284k
Term
9 months
Gross LTV
65%
Rate
1.10% pm
Deal Highlights
- £284k second-charge bridging facility over 9 months at 65% combined gross LTV
- Extended five-bedroom semi-detached house in Barnet, valued at £1.2m
- Re-bridge of an existing second charge, cutting the borrower’s rate from 1.25% to 1.10% per month
- Structured behind a £496k high-street first charge — a position most bridging lenders decline
- Refurbishment works still completing during the loan term
- Business-purpose lending to an individual borrower with a £1.7m five-property portfolio
- Exit via tenanting and buy-to-let refinance, with rental cover stressed at 1.25x
Berkeley Credit. This case study is provided for information purposes only and does not constitute an offer of finance. Figures are rounded and correct at the time of completion.
Berkeley Credit
Case Study
Development Exit · Bridging Loan · Prime Residential
Montagu Mews North
Marylebone, London W1
Loan
£1.89m
Term
12 months
Gross LTV
70%
Rate
0.79% pm
Deal Highlights
- £1.89m development-exit bridge at 70% gross LTV over a 12-month term
- Newly refurbished three-bedroom Marylebone mews house, valued at £3m
- Refinanced the incumbent development lender while the property is marketed for sale at £3.25m
- Experienced developer borrower with a net worth above £17m, covering the redemption shortfall personally
- Property let on flexible short-stay arrangements rather than an AST — outside most lenders’ criteria
- 70% lending benchmarked against the conservative 180-day value, not open market value
- Rate of 0.79% per month retained for the term, with sale as the primary exit
Berkeley Credit. This case study is provided for information purposes only and does not constitute an offer of finance. Figures are rounded and correct at the time of completion.