Mint Bridging

Mint Bridging saves auction purchase




Mint Bridging has completed a £262,500 loan in seven days to assist a client who purchased a nine-bedsit Edwardian villa at auction.

The client needed to search for a new broker after their initial lender had failed to provide the necessary funding.

The standard 28-day completion period on the auction deal had expired and the client had received notice, which left them with just eight days to complete.

Mint and its legal and valuation partners worked around the clock in order to complete the facility in seven working days after the initial enquiry.

Andrew Lazare, managing director at Mint Bridging, said: “This case perfectly demonstrates what can be done when all of those involved work as one team.

“We had superb support from our valuers, the lawyers and the introducing broker.”

The broker added: “I was delighted with the support we received from Mint, who really understood the urgency.

“Huge credit goes to Mint’s staff, who went the extra mile.

“I have an extremely relieved client.”

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