​Case Study: Fast Bridging Loan for Auction Purchase

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The Situation:
A broker introduced clients who had just made their first investment property purchase at auction. With contracts exchanged and only 28 days to complete, they hadn’t accounted for how long arranging finance could take — putting their deposit and deal at serious risk.

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The Challenge:
Traditional mortgage finance wouldn’t be arranged in time, and the clients faced potential penalties for missing the auction completion deadline.

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Our Solution:
Thanks to our experience with auction transactions, Bugle Finance stepped in quickly. We arranged a bridging loan that allowed the clients to complete their purchase well within the required timeframe.

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• Loan amount: £600,000

• Turnaround time: 5 working days

• Security: 1st charge over the property

• Exit plan: Refinance to a buy-to-let mortgage post-refurbishment

 

The Result:
The clients completed on time, avoided penalties, and kept their investment on track. Our bridging solution gave them the speed and flexibility they needed — exactly when they needed it most.

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Client Testimonial:

"We were in a real bind after purchasing our first property at auction. With only 28 days to complete and no time to secure traditional financing, we thought we'd lose the property altogether. Bugle Finance stepped in, arranged a bridging loan quickly, and made sure we completed on time. Their professionalism, speed, and expertise were invaluable. We couldn't have done it without them!"

 - Graham & Sylvia Barnes, First Time Investors, London