SDKA has delivered a 100% Residential bridge for the full £220,000 auction purchase price of a semi-detached property in Stockport, which the borrower plans to convert into an HMO. With the client, an experienced builder by trade, already holding funds to cover the planned conversion works, the financing ensured the four-bedroom property in Reddish was [...]

SDKA has finalised a complex £200,000 Commercial bridge into a Small Self-Administered Scheme (SSAS) pension fund to ensure the successful redevelopment of a Grade II Listed former school. The collection of historic buildings, in Leicester, had stood derelict for 20 years before the programme commenced to create six unique detached offices. Having already invested significant [...]

A property investor is using a £1,462,500 Residential bridge from SDKA to purchase an apartment in St John’s Wood, then using the term to issue a Section 42 (S42) to support their future refinance strategy. The three-bedroom luxury apartment, located within the highly sought-after Yoo Building, is currently subject to a high ground rent which [...]

SDKA has completed two Residential bridging loans on the same day for a client requiring £995k to refinance five properties and raise further capital for an onward purchase. Both taken from initial enquiry to completion in only 15 working days, the first application was taken in a personal name for £615k which will repay the [...]

Shawbrook Bank and Aldermore Bank have renewed their combined multi-million pound funding lines with bridging finance lender, SDKA. The long-term relationships, which commenced in 2019 and 2021 respectively, have played an integral role in SDKA’s development, enabling greater flexibility to support cases outside standard criteria and supporting the launch of new products. In the fourth [...]

SDKA marked its 10-year anniversary in unforgettable style earlier this year, welcoming more than 250 guests beneath the wings of Concorde for an evening celebrating the journey so far and the next chapter ahead. Held at the iconic aerospace setting, the evening brought together brokers, funders, partners, sponsors, staff and family members to reflect [...]

An experienced developer who fell into financial difficulties when their development finance lender changed the policy mid-term is back on track thanks to a £180,000 Residential bridge from SDKA. Through their broker, the applicant explained that they were working on a development of four properties in Liverpool and their existing funder had raised the required [...]