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.
Amount Funded:
£172k
PRoduct type:
Residential Bridging
Term:
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.
Reliable funding under tight deadlines
By maintaining clear communication and fast decision-making, the team — led by Agne Januolyte and Matt Horton — delivered the funding within 11 days, allowing the borrower to complete the purchase and begin refurbishment immediately.
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
You might like...
Get practical insights from our lending team from market shifts, to deal strategies. We’ll help you fund smarter, avoid common pitfalls, and stay competitive in a fast-moving property market.
Amount funded
£1.6m
PRoduct type:
Commercial Bridging
term
7 months
property:
Commercial office
exit:
Refinance
Commercial Bridging
The funding supported the acquisition of a strategically located semi-commercial asset in Birmingham, giving the borrower the flexibility and speed required to purchase the property prior to setting up development finance to undertake the proposed conversion works. The borrower plans to transform a former office building into a high-quality residential block of flats comprising 75 apartments, including 42 x 1-bedroom and 33 x 2-bedroom units. Full planning permission has already been obtained before completion, enabling the borrower to move forward with the next phase of the project.
.svg)
.svg)
.svg)
.svg)
.png)
.png)
.png)
.png)