London Credit completes on £3.675m loan

Apply for Loan

Fields with asterisk are required
By submiting you accept the
Privacy Policy and Process of Data

London Credit is delighted to announce completion on its biggest bridging loan to date, marking a new milestone for the company since its inception eight years ago.  The loan value was £3.675m, at a 70% rate of loan to value.  It was taken out against a Grade II listed property in the London borough of Richmond, for a 12-month loan period.
There were several challenges involved in this case that demanded a high degree of dexterity, namely the restrictions applicable to listed buildings, proving London Credit’s property expertise.
This case was brokered by Steve Hills, director of London Finance Brokers, who noted that ‘London Credit really marked itself out as a specialist lender in the way that it confidently assessed this property. The team demonstrated their expertise in their willingness to take this complex case on.’

We are proud of – and confident in – our ability to provide such a bespoke service, assessing each deal individually and responding to case developments with utmost efficiency.  London Credit looks forward to continuing to put these attributes to use, and marking more such milestones in the future. 

London Credit completes on £3.675m loan
30 July 2018


Increasingly, buy-to-let landlords are looking at the yields that others are getting from Houses of Multiple Occupation (HMOs) with envy.


As we continue to mentally readjust to life after the worst of the pandemic, we find the property development market at an interesting place in time. As far as interest in bridging goes, things are recovering well. At London Credit for example, we are receiving a constant stream of enquiries from brokers.


Capital cities are usually – but not always (think Canberra) – the economic epicentre and cultural lifeblood of a country. For the UK, London is so much more than that. It is a genuine ‘world city’ and in surveys its inhabitants often say they feel more affinity to residents of New York than Leeds or Birmingham, for example.


Speak to anyone in the specialist market at the moment, and you’ll get a similar story. The desire from investors to purchase property, whether with the intention of doing it up and selling it on or retaining it for the long term, is as strong as ever.


There is a real feeling of business getting back to normal at the moment across the bridging industry. It’s not just because of the excellent levels of activity we are still seeing, even after that first Stamp Duty holiday has passed, but also because of the return to face-to-face industry events.