Residential Bridging

Chain-Break Rescue on a Victorian Terrace in Bristol

£285,000 · 6 months · 0.79% pm. A professional couple in Bristol had agreed a sale price on their existing home and found their dream Victorian terrace, but the buyer in their chain collapsed just weeks before exchange.

Category
Residential Bridging
Loan Amount
£285,000
LTV
68%

The Client

Professional couple

The Challenge

A professional couple in Bristol had agreed a sale price on their existing home and found their dream Victorian terrace, but the buyer in their chain collapsed just weeks before exchange. With the seller threatening to relist, they needed funds fast to proceed unconditionally.

Our Solution

Doulton arranged a £285,000 first-charge residential bridge against the onward purchase within eight working days, allowing the clients to complete without a chain. Their existing home sold three months later at the agreed price, repaying the facility in full.

The Outcome

Purchase secured. Chain collapsed without loss. Clients moved into their new home while their existing property was marketed properly rather than under pressure. Key highlights: Completed in 8 working days; No early repayment charge on redemption at month 3; Rolled interest - no monthly payments required.

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