SDKA completes first AVM bridge just 10 working days after launch

29 October 2025

Bridging lender, SDKA has completed its first AVM deal with a £128,450 drawdown at 70% LTV taking just 10 working days for an auction purchase.

The new service, which was only launched two weeks ago, was used by a previous client to acquire a residential three-bedroom end-terrace house in Leeds which will be refurbished and placed on the rental market.

Introduced by Raj Huque at HCA Finance, the serviced facility was completed at 0.95% per month over 12-months. Exit will be through refinance onto a Buy To Let facility.

At launch SDKA said it was committed to accelerating time-to-cash with AVMs being used for first-charge residential purchase transactions.

The service uses Hometrack, whose software harnesses 25 years of property data alongside AI-powered market intelligence to help make informed decisions.

In a market-leading move designed to further reassure applicants, the lender will ask every client to do a video walk around of the properties with one of their experienced underwriters.

Kunal Mehta, managing director of SDKA, said:

“The case was literally introduced to us on the day we launched the service, and it already stands as a prime example of how we will utilise our residential AVM systems and procedures to ensure quick and easy drawdown times to meet our clients’ needs.”

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 0.84% per calendar month, 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.