Inspired Lending has completed a £380k loan for a limited company borrower in Bedfordshire, enabling the urgent buy out of their partner’s shares in a parcel of land within a two-week deadline.

Inspired Lending structured the loan using a third-party legal charge on the borrower’s unencumbered main residence, avoiding the need for a full valuation. The property was instead assessed directly by a member of the Inspired team, solicitors were instructed on the same day, and completion was achieved within two weeks.

The 0.89% per month facility is expected to be refinanced against the borrower’s wider portfolio when their existing fixed rates expire in 2026.

Read full article