Inspired Lending has completed a £240k bridging loan facility for a UK national currently living and working in the United States, secured against a tenanted buy-to-let property in Surrey at 50% loan-to-value (LTV).

The 12-month facility was structured to refinance the borrower’s existing buy-to-let mortgage while also raising additional capital to support business cashflow requirements.

Given the borrower’s overseas status and the need for a timely completion, the case was progressed using a desktop valuation, supported by an internal property inspection, with documentation executed via DocuSign.

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