SDKA completes £995k multi-property bridge across two applications
08 May 2026
SDKA has completed two Residential bridging loans on the same day for a client requiring £995k to refinance five properties and raise further capital for an onward purchase.
Both taken from initial enquiry to completion in only 15 working days, the first application was taken in a personal name for £615k which will repay the existing lenders across three houses in Rochester and Chatham, leaving an additional £185k.
The second was completed through a Limited Company for £380k, covering repayment of the outstanding balances on two further properties in the same Kent towns and releasing a further £90k.
The deals, which were both completed at 75% LTV, will form the deposit for the onward purchase of a new £900k asset.
Kunal Mehta, managing director of SDKA, said:
“The applicant is a real estate entrepreneur with a longstanding, proven track record in property investment and an impressive housing portfolio to match.
“Such investors are always on the lookout for their next project, and when the opportunity arises they expect their lender to match their expectations. To go from two applications to completions in 15 days while having valuers visit five separate properties is no mean feat, but this is simply how we operate.”
Founded in 2016, SDKA is an unregulated bridging lender offering products on Residential, Semi-Commercial and Commercial properties across England, Wales and Scotland. The lender offers fixed interest rates from 0.84% per calendar month up to a maximum LTV of 75%.