Loan type: Bridging Loan | Loan value: £4,150,000 | LTV: 75% | Term: 12 Months
At Aria Finance, we pride ourselves on delivering tailored solutions to complex financial challenges, ensuring our clients achieve stability and success even in the most urgent and high-pressure situations. In this case study, we explore how our team stepped in to support a client facing imminent repossession. By leveraging our expertise and strategic relationships, we were able to secure a time-sensitive £4.15 million bridging loan.
The Client:
The client owned a portfolio of buy-to-let properties in Oxford and was facing financial difficulties due to reckless borrowing behaviour in the past.
The Situation:
The client was at imminent risk of repossession and was looking to raise £4.1 million against their portfolio – fast. This is where Aria Finance stepped in, to support the client by tailoring a solution that would stabilise the solution and allow them the necessary time to recover.
Our Solution:
The primary challenge involved securing a 75% LTV bridging loan over the portfolio under intense time pressure. The clients' existing lender, already well over term, had lost patience, with no further options provided. Additionally, the Aria team had to work closely with the borrowers to address their past borrowing practices, emphasising the importance of meeting financial obligations and honouring agreements to avoid further complications.
We initiated direct communication with the existing lender, despite not having been involved in the original mortgage setup, to establish a line of support for the clients. By building rapport with the lender, we were able to gain crucial time and secure a payment holiday, providing immediate relief and laying the groundwork for a viable exit strategy.
With a potential new lender identified, the team worked closely with them to overcome their usual LTV cap. The lender went so far as to conduct in-person property visits, reinforcing their confidence in the portfolio's value and security. Thanks to our persistent coordination and expertise, the bridging loan was secured just in time to prevent repossession.
Benefits & Results:
The £4.15 million bridging finance was successfully delivered, safeguarding the clients’ portfolio and enabling them to avoid immediate repossession. Since then, we have maintained an active role, closely monitoring the loan’s progression and assisting with a structured exit strategy. We are currently helping the clients assess term exit options, including the strategic sale of some assets to reduce debt further.
The lender involved praised our team's meticulous attention to detail and specialised knowledge in navigating the complexities of the transaction, especially in legal areas. Their feedback underscored that Aria Finance’s expertise and holistic approach were critical in closing the deal successfully.
This case example exemplifies Aria Finance’s commitment to going above and beyond for our clients. Through strategic relationship management, expert negotiation, and a deep understanding of complex finance, we were able to help clients avoid a significant financial crisis and provide them with a path to financial stability.
