Lester Aldridge advised on the successful refinance of a buy-to-let investment through two linked finance transactions with a combined value of £1.987 million.

Acting on behalf of GB Bank Limited, our Real Estate Finance team supported the refinancing of existing bridging loan facilities, helping the borrower secure longer-term funding across investment properties.

The Challenge

The transaction involved two separate borrowing companies with the same ultimate beneficial owner, creating a linked deal structure that required careful legal coordination.

In addition, the security comprised a mix of self-contained flats and a House in Multiple Occupation (HMO), each with its own legal and lending considerations.

The refinancing was also subject to strict deadlines, as the existing bridging finance facilities needed to be redeemed within a limited timeframe.

How We Helped

Solicitor Iman Salami worked closely with GB Bank and the wider transaction team to progress both matters simultaneously and keep the refinance on track.

Our Real Estate Finance team coordinated the legal aspects of the linked borrowing arrangements, reviewed the security package, and managed the transactions through to completion within the required timescales.

By maintaining clear communication throughout the process and proactively addressing potential issues, we helped ensure a smooth transition from short-term bridging finance to longer-term buy-to-let funding.

The Outcome

Both transactions completed successfully, enabling the borrower to refinance existing facilities and secure a longer-term funding solution for their buy-to-let investment.

The successful completion of the combined £1.987 million refinances provided certainty for both lender and borrower, whilst showcasing the growing relationship with GB Bank Limited.

Client Feedback

“Iman provided excellent support throughout these linked refinance transactions. Her responsiveness, attention to detail and proactive approach helped ensure both matters completed successfully within the required timeframe. We look forward to working together again.”
Yash Chavan, Loans Completion Analyst, GB Bank Limited