MS Lending Group has successfully finalised a bridging loan across eight properties within just eight working days.

The loan allowed the client to refinance their current facility and release additional capital to acquire multiple properties. The borrower utilised MS Lending Group to raise funds on an existing portfolio, enabling them to repay a first charge and secure further funds for the purchase of two new properties. The client’s exit strategy is to refinance onto a long-term agreement.

The deal, brokered by Word On The Street, was completed using an existing full valuation.

Michael Stratton, CEO and founder of MS Lending Group, commented: “We are delighted to have assisted the client in completing this deal and growing his property portfolio. We were under a strict timeline to complete which was made easier by having great stakeholders involved and aligned throughout. As always it’s great to work again with Word On The Street Group, they trust we will always deliver even when time is of the essence, well done team!”