Auction purchase, Manchester
Black & White Bridging supported a new broker and borrower to complete the purchase of an auction property in Manchester against a tight deadline.
The project, smaller than the borrower’s usual developments, required quick action to secure the asset. The loan was completed in 11 days, allowing the borrower to self-fund refurbishment works and refinance on completion.
£172k
PRoduct type:
Residential Bridging
Amount funded
12 months
property:
Auction Purchase – Single Residential Unit
exit:
Refinance
Fast auction completion
The loan helped purchase the property at auction. The borrower planned to self-fund the refurbishment of the property, investing around £40k to install a new kitchen, bathroom, flooring, and décor. The borrower was introduced on a 'hands off' basis, where the broker stepped back and we worked directly with the borrower to get this over the line as quickly as possible - our team completed the loan in just 11 days from application to completion.
Direct collaboration for speed
With the broker stepping back for a ‘hands off’ process, Black & White Bridging took the lead, managing communication and progress directly with the borrower. This ensured every stage was handled efficiently without delays.
Exceptional service and swift delivery
“When applying for a bridging loan, Black & White Bridging is the company to consider. Agne Januolyte and Matt Horton provided exceptional service from start to finish. Communication was brilliant throughout. I’m very happy with the high level of service received.” — Rabia Saleem, Borrower
Exceptional service and swift delivery
“When applying for a bridging loan, Black & White Bridging is the company to consider. Agne Januolyte and Matt Horton provided exceptional service from start to finish. Communication was brilliant throughout. I’m very happy with the high level of service received.” — Rabia Saleem, Borrower
