Aspen Bridging completes £1.9m cross-border Bridge to Let refinance

By Bridging Loan Directory 1st July 2026

Aspen Bridging has completed a £1.9m bridge to let facility on a prime Central London apartment owned through a Singapore corporate structure, in turn overcoming a number of cross-border legal and underwriting complexities.

The transaction involved a high-end two-bedroom, third-floor apartment overlooking Berkeley Square, Mayfair with the overseas borrower requiring funds to redeem an existing £1.5m facility while releasing additional capital for business purposes.

The key challenge was navigating the Singapore-based corporate structure and associated legal requirements surrounding document provision and signatory execution via international notaries – Aspen worked closely with solicitors in both jurisdictions to keep the transaction on track.

In addition, Aspen used their no valuation product to further streamline the process and meet the client’s timescales, visiting the property on a Saturday to undertake an in-house valuation.

The bridging loan was finalised on a Flat Rate of 0.74% per month over eight months, and allows for the borrower to optionally transition, using the same facility documentation, onto a serviced BTL period at 6.99% per annum over two years.

In line with the lender’s one-person per-case Customer Service Commitment the application was taken from start-to-finish by Underwriting Manager, Richard Tweddell.

Richard said:

“Trophy assets like this Berkeley Square apartment continue to attract international investors, but transactions involving overseas corporate structures often require careful coordination between lenders, solicitors and advisers across multiple jurisdictions.

With extensive experience in dealing with overseas clients we were able to deliver complex cross-border refinancing efficiently and release capital for the client to redeploy where it was needed most.”