{"id":11487,"date":"2026-07-02T09:04:08","date_gmt":"2026-07-02T09:04:08","guid":{"rendered":"https:\/\/second-home.uk\/?p=11487"},"modified":"2026-07-02T09:04:08","modified_gmt":"2026-07-02T09:04:08","slug":"specialist-lender-completes-3-1m-essex-bridge-facility","status":"publish","type":"post","link":"https:\/\/second-home.uk\/?p=11487","title":{"rendered":"Specialist lender completes \u00a33.1m Essex bridge facility"},"content":{"rendered":"<p>Specialist property lender Glenhawk has completed a \u00a33.1 million bridging finance facility secured against three residential properties on a private estate in Essex, as the homes are marketed for sale.<\/p>\n<p>The facility was provided through Glenhawk\u2019s Structured Real Estate (SRE) division and secured against properties which had been completed and occupied for several years. The loan was structured at 75% loan-to-value against a portfolio valued at \u00a34.2 million.<\/p>\n<h2>Transaction details<\/h2>\n<p>Residential marketing loans of this type provide short-term funding against newly vacated properties that are being marketed, removing interest servicing requirements and providing additional time to achieve sale outcomes. The loan size sat below the level typically associated with larger structured real estate transactions, but the complexity of the deal mechanics and the nature of the assets required a tailored funding approach.<\/p>\n<p>Fergus Izat, director at Bridge St Finance, introduced the transaction. Glenhawk completed valuation and credit approval within two weeks of receiving the introduction. Title insurance was used to accelerate the legal process.<\/p>\n<\/p>\n<p>The transaction comes as <a href=\"https:\/\/www.propertywire.com\/news\/uk-housing-market-weakens-as-sales-fall-7-year-on-year\/\">UK housing market activity has weakened<\/a>, with <a href=\"https:\/\/www.propertywire.com\/news\/uk-housing-transactions-forecast-downgraded-on-rate-volatility\/\">housing transactions forecasts being downgraded<\/a> amid interest rate volatility.<\/p>\n<h2>Market context<\/h2>\n<p>Chris Daly, managing director of Structured Real Estate at Glenhawk, said the transaction demonstrated where the Structured Real Estate team could support the core bridging business. \u201cThe underlying properties were excellent assets, but the ownership structure and wider circumstances required a bespoke product and a team able to spend additional time understanding the finer details,\u201d Daly said.<\/p>\n<p>Izat noted this was the second deal completed with the team in quick succession. \u201cThey took a highly commercial and pragmatic approach throughout the transaction,\u201d he said, adding that Daly visited the site to understand the asset and work through a complex borrower structure involving multiple stakeholders.<\/p>\n<p>The facility forms part of Glenhawk\u2019s growing Structured Real Estate proposition, which supports brokers and borrowers across a range of residential and commercial transactions that fall outside conventional lending parameters.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Specialist property lender Glenhawk has completed a \u00a33.1 million bridging finance facility secured against three residential properties on a private estate in Essex, as the homes are marketed for sale. The facility was provided through Glenhawk\u2019s Structured Real Estate (SRE) division and secured against properties which had been completed and occupied for several years. The [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2805,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[2],"tags":[],"class_list":["post-11487","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-second-home"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Specialist lender completes \u00a33.1m Essex bridge facility - Second Home<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.propertywire.com\/news\/uk\/specialist-lender-completes-3-1m-essex-bridge-facility\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Specialist lender completes \u00a33.1m Essex bridge facility - Second Home\" \/>\n<meta property=\"og:description\" content=\"Specialist property lender Glenhawk has completed a \u00a33.1 million bridging finance facility secured against three residential properties on a private estate in Essex, as the homes are marketed for sale. The facility was provided through Glenhawk\u2019s Structured Real Estate (SRE) division and secured against properties which had been completed and occupied for several years. 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