SDKA puts family business in the driving seat with £1m complex bridge

20 August 2025

SDKA has put a family business firmly in the driving seat with a £1,030,000 complex bridge for the purchase of a 41.58 acre site with prime space for an onsite used car business.

Situated in Billingshurst, West Sussex, the applicant applied through their limited company for the plot which comprises a detached four-bedroom Grade 2 Listed farmhouse and gardens, stables, barns, shed, garage workshop, office and hard standing areas for motor sales and administration.

With time a factor, SDKA’s Underwriting team confirming serviceability soonest by getting under the hood of the client’s accounts and confirmed deposit through several various sources.

There was also an issue with a failing septic tank, with £20k retained pending the installation of a new system.

The deal was introduced by Chichester-based broker QED Finance and was concluded at 63.3% LTV on a flat rate of 1.15% over a 12-month term.

Mark Vickery, Director at QED Finance, said:

“We are delighted to have supported our client in securing this distinctive mixed-use property. This case demonstrates the value of working with a specialist broker, navigating complex requirements, managing multiple stakeholders, and ensuring the right funding is secured in a timely manner.

“SDKA’s responsive and solution-focused approach was instrumental in bringing the deal together, and we look forward to working with them again on future transactions.”

Kunal Mehta, managing director of SDKA, added:

“From day one it was essential this application was running like a well oiled machine given several complex issues with the site.

“We collaborated closely with QED Finance and in-turn with the chartered surveyors so they understood the application in-depth which allowed a fair and independent assessment of all the buildings and land, after which it was a smooth ride to get us over the line and release the funds.”

SDKA is an unregulated bridging lender offering products on Residential, Semi-Commercial and Commercial properties across England, Wales and Scotland.

The lender offers interest rates from 0.85% pcm up to 75% LTV and terms up to 24 months. Its maximum loan size is £10m.

The business prides itself on considering all cases on an individual basis, and through its proven lending record and close long-term relationships with funding partners it has the option to complete cases outside of the standard criteria.