Large Bridging Loan for Overseas Client Previously Declined by a Different Lender
Featured Snippet: Articus Finance successfully arranged a large bridging loan for overseas client previously declined by a different lender, securing £16.1m at 70% LTV against two prime London buy-to-lets to finance an overseas retail development project in Hong Kong.
Introduction
Obtaining a large bridging loan for overseas client previously declined by a different lender can be exceptionally challenging. Bridging finance is by nature time-sensitive; delays or failed applications risk financial penalties and stalled projects. In this case study, Articus Finance leveraged its international lending relationships to provide a Hong Kong national with a £16.1m bridging facility, ensuring project continuity and avoiding significant costs.
Client Background
Our client was a Hong Kong national and resident who owned two substantial buy-to-let properties in London valued at £12m and £11m. Although holding considerable worldwide wealth, their active income streams were restricted to rental returns from these assets. This presented three key borrowing challenges:
- Rental reliance – lenders prefer applicants with diverse income to buffer any voids or arrears.
- Equity usage overseas – the requested funds were earmarked for construction of a retail park in Hong Kong, outside typical lender comfort zones.
- Previous rejection – the client had been declined by another lender late in the process, intensifying urgency.
Given looming deadlines and penalty clauses linked to construction delays, the client urgently needed a solution that could deliver speed, scale, and credibility.
The Challenge
The complexities in this case included:
- High financing requirement – £16.1 million against £23 million of property security.
- 70% loan-to-value request, higher than many mainstream lenders are accustomed to.
- Time-critical acquisition requiring rapid structuring and disbursal of funds.
- Unconventional use of equity – reinvestment capital destined for an overseas market.
With few traditional banks prepared to advance funds on these terms, a bespoke private banking approach was required.
Our Solution
Articus Finance acted swiftly to assess and structure a solution. Within one day of the initial consultation, our broker presented terms and prepared a comprehensive application. We identified an offshore bank headquartered in the Isle of Man as the appropriate partner — comfortable with international complexities and able to act with speed.
- Same-day terms provided to client, instilling confidence and continuity after a previously failed application.
- £16.1m bridging loan agreed within a 70% LTV framework.
- Completion within one month, mitigating financial penalties and maintaining construction timelines.
- Parallel work initiated on refinancing to transition from bridging to longer-term, competitively priced debt.
The successful resolution demonstrated how international lending networks and specialist bridging finance providers can deliver where traditional routes may fail.
Key Highlights
- £23m dual-property valuation supporting the case.
- £16.1m bridging facility secured against London assets.
- 70% LTV arranged – significantly higher than many lenders would consider.
- Funding facilitated in less than four weeks.
- Equity released for Hong Kong retail development project.
- Immediate protection from contractual penalties for delay.
Why Articus Finance Delivered
Arranging a large bridging loan for overseas client previously declined by a different lender showcases the value of bespoke broking expertise. Where others impose rigid underwriting or retreat from international use of proceeds, Articus Finance leverages relationships with specialised private banks in flexible jurisdictions. Our ability to formulate, package, and present complex applications ensures outcomes that protect client interests at critical junctures.
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Final Thoughts
This case demonstrates how a large bridging loan for overseas client previously declined by a different lender can be achieved with speed and precision. Articus Finance combined international banking relationships with structured presentation to unlock liquidity, prevent financial penalties, and safeguard client interests in one of their most ambitious projects.