A client’s mother had recently passed away and he was due to inherit her estate.

He needed to use the proceeds from the sale of her property to settle the inheritance tax bill, but due to delays with probate was unable to sell the property in time.

Bridging Finance Limited arranged a high-speed flexible bridging facility secured on the property on which the interest was rolled up until such a time as our client sold the property. This meant that the inheritance tax bill could be paid immediately and allowed the client to achieve the best possible sale price for the property.