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How A Chain Break Bridging Loan Saved The House Move

Rated 4.97 out of 5 from 2,400+ reviews

Front garden and pathway steps of a suburban bungalow in Springtime in England
When a property chain collapses, it can feel like everything is unravelling. For one of our clients, a main residence owner seeking to upsize and secure a home better suited to their changing health, a chain break bridging loan from Private Finance became the key to turning uncertainty into success.

The challenge: a perfect home at risk

Our clients had found their ideal luxury bungalow — a spacious 2,600 sq ft home perfectly suited to their future needs and designed to support Mr’s ongoing mobility requirements. They’d already accepted an offer on their existing home, and everything seemed in place for a smooth transition.
Unfortunately, their buyers faced unexpected delays, putting the entire chain – and their dream move – in jeopardy. The vendors of the bungalow were under pressure to complete quickly, and waiting wasn’t an option. Time was running out.

The solution: a swift and flexible bridge

Recognising the urgency, our mortgage broker explored solutions that would allow the clients to proceed without waiting for their sale to complete. Within days, we arranged a bridging loan secured on both their current home and the new property.
The loan provided the funds to purchase the bungalow immediately, keeping the sale intact and their dream alive. The bridge was organised in just five working days, giving solicitors the time they needed to finalise the transaction.
Importantly, the finance carried no early repayment charges – ensuring that once their original home sold, the couple could repay the loan in full without penalties. You can read more about bridging finance in our official guide here.

The result: confidence, continuity, and completion

Thanks to the Private Finance team’s quick thinking and expertise, our clients secured their new home exactly as planned. They moved forward with peace of mind, confident that they would repay the lending via the sale of the previous residence.
What began as a potentially derailed move transformed into a success story – proof that with the right advice, even a broken chain doesn’t have to break your plans.

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