Refinancing a Fully Tenanted Portfolio Without Valuation

Aura Capital was instructed to refinance a fully tenanted 12-unit portfolio in Scunthorpe, comprising MUFB and BTL assets valued at approximately £1,000,000. The client, an experienced investor, had defaulted on an extended bridging facility and was served with a 14-day repossession notice.

Situation

  • Original 12-month bridging loan, extended by 6 months

  • Delays in completing works triggered default

  • 14-day deadline to avoid repossession

Our Solution

  • £650,000 bridging loan arranged:

    • £630,000 to repay existing debt

    • £20,000 for remaining works

  • 12-month term with retained interest

  • No valuation required

  • Underwriting completed within 24 hours

  • Legal process expedited via preferred solicitor

Outcome

The refinancing completed within the required timeframe, preventing repossession and positioning the client for a smooth transition to long-term buy-to-let funding.

Need Urgent Refinancing?
Aura Capital provides structured bridging finance with speed and certainty. Contact us for bespoke solutions tailored to your investment strategy.

📧 enquiries@AuraCapital.co.uk
🌐 auracapital.co.uk

Disclaimer: Details anonymised for client confidentiality. Outcomes depend on individual circumstances. Seek professional advice before proceeding.

Aura Capital

Bridging and Development finance. Specialising in no valuation bridging loans and foreign buyer bridging.

https://www.Auracapital.co.uk
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