After the borrower was let down at the last minute by another lender, CapitalRise stepped in.
The deal was originated by Katy Katani, director at the firm, and was introduced by Colin Anderson, executive director at LDN Finance.
The loan was structured to give the borrower time to sell a newly built seven-bedroom home in Wandsworth, while also releasing equity for the purchase of another property.
The new-build property is a semi-detached house arranged over lower-ground, ground and two upper floors.
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It features seven bedrooms, five bathrooms, a large kitchen and dining room, two reception rooms, utility and boot rooms, as well as a cinema room.
Katy commented: “Completing in just a few working days is a testament to the agility and expertise of our team.
“We’re delighted to support the borrower with a facility that provides flexibility and certainty at a pivotal moment."
Colin added: “The responsiveness of Katy and her team was key to delivering a successful outcome on this transaction for our client.
“Their collaborative and agile approach was unique, illustrating a clear understanding of the prime London market.
“We look forward to working with Katy and the CapitalRise team again in the future.”
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