Done Deals
Here is a sample of the deals we’ve done. From big to small, we can provide bridging loans across the full range of UK property assets and values. Nothing is out of bounds.
Here is a sample of the deals we’ve done. From big to small, we can provide bridging loans across the full range of UK property assets and values. Nothing is out of bounds.
£700,000 bridge at 60% LTV at 12% p/a. Read more…
Our client is a successful waste management firm. They saw an opportunity to expand their premises, buying a neighbouring industrial site.
The site was purchased at 100% LTV, but with Rocket taking additional security across 4 additional properties owned by the client, 2 of the 4 properties on a second charge basis.
£1.5M bridge at 35% LTV at 10.5% p/a. Read more…
Our client is a property developer. They’d purchased a great office site in Manchester’s Northern Quarter.
They needed a bridge to cover the refurbishment costs.
£750,000 bridge at 69% LTV at 10% p/a. Read more…
Our client is a businessman and property speculator. He purchased a 50,000 square ft industrial unit at auction and paid the deposit on the day.
Rocket stepped-in with a traditional auction bridge, completing the loan quickly within 28 days.
£1M bridge at 67% LTV at 10.5% p/a. Read more…
Our client is a manufacturing firm based in the North West. Due to a group re-structure, they needed to bridge out of their various term loans with different providers, with a view to replacing our bridge with one, consolidated term loan.
Rocket’s bridge was secured against 3 different premises; one first charge industrial unit, then 2 second charges on commercial and retail units.
£2.6M bridge at 60% LTV at 11% p/a. Read more…
Our client is a successful hotel company based in London. They required a capital raise to fund a programme of renovations throughout the hotel.
Rocket took first charge on the hotel, re-financing the existing first charge and releasing additional capital on top.
£55,000 bridge at 75% LTV at 10.2% p/a. Read more…
Our client is a residential BTL investor adding to his existing portfolio with the purchase of a mid-terraced property in Blackpool.
Rocket was able to offer a bridging loan at 80% of the acquisition cost.