Colenko has completed a £570,000 Fast Track bridging loan to support an investment property acquisition in Surrey – closing the deal in just three working days.
The turnaround ensured the client met a critical Stamp Duty deadline, saving over £6,000 in additional costs.
The transaction was expertly underwritten by Jervace Ramsay-Linton (pictured), an underwriter at Colenko, who structured and expedited the loan using Colenko’s Fast Track product.
The Fast Track solution leverages automated valuation models (AVMs) and title insurance to deliver fast approvals and funding.
Will Macauley of TWM Solicitors led the legal process.
Ramsay-Linton said: “Colenko’s Fast Track product is built for speed, but it was Will and the team at TWM who truly made this deal possible.
“Their efficiency and ability to manage time-sensitive transactions are key to delivering successful outcomes.”
Macauley added: “Colenko’s Fast Track product gave us the tools to accelerate the process, but it was the seamless collaboration between all parties that enabled us to complete the transaction within just three days.”
