Structured Property Finance to Prevent Bankruptcy
Helping an Individual Avoid Bankruptcy While Securing Investor Returns
About
Client:
Property Investor
Loan Amount:
£80,000 (including £5,000 for refurbishment)
Purpose:
Assisting an individual facing bankruptcy due to council tax arrears
Security:
Property transaction structured at £119,000, with potential completion at £185,000
Term:
Initial 9 month term, with potential , with an initial agreement for purchase and alternative sale option
The Challenge
An individual was facing personal bankruptcy after falling into council tax arrears due to hospitalisation from severe medical issues and subsequent redundancy. With time running out, a property investor stepped in to structure a solution that avoided bankruptcy while providing a potential financial recovery for the individual.
Our Solution
- £80,000 bridging loan provided, including £5,000 for minor refurbishment.
- Structured transaction: Investor secured the property for £119,000, with an exit plan to either complete the purchase at £185,000 or secure a third-party buyer.
- Fast funding: Funds released swiftly, preventing bankruptcy proceedings.
- Profit-sharing arrangement: Ensured both the individual and the investor benefited from the outcome.
The Outcome
- Third-party purchaser secured, avoiding the need for full completion.
- The individual avoided bankruptcy, regaining financial stability.
- £100,000+ profit share provided to the individual, helping them restart their life.
- Investor achieved a 47% return over 18 months, demonstrating the success of the structured approach.
Unlock your property's potential today
Fast and flexible bridging finance solutions tailored to your needs. Secure loans from £25,000 to £400,000, with any status accepted. Apply now and get the funds you need quickly.
