Oblix Capital completes £1.4m residential bridging loan

The 12-month loan was secured against a freehold property in Fitzrovia, central London.

The short-term lender provided the loan for the applicant who needed additional funds and sufficient time to sell the property.

The loan was completed quickly and within the borrower’s urgent timelines.

Adam Powell, director of sales at Oblix Capital (pictured above), said: “If there is one thing our experienced team has learnt, it’s that every case is different and, most importantly, different in the challenges each client faces.

“Underwriting intricate deals like this one does need far more due diligence and care than ever before – fortunately we have a credit risk team that operates with the utmost flexibility, clarity and approachability.”