Morpheus Lending completes £3.4m bridging loan in 10 days
By Bridging Loan Directory
Morpheus Lending has completed a £3.4m bridging loan in 10 working days, marking its largest transaction to date.
The 14-month facility was agreed at 61% LTV and supported the exit of a newly developed detached property.
The case required a high level of coordination, including a full Red Book valuation and dual representation, to meet the borrower’s timeframe.
The loan was delivered from initial enquiry through to completion within 10 working days, providing the borrower with certainty and speed on a complex transaction.
Following completion, the broker said:
“I wouldn’t hesitate to recommend Morpheus. The application process was intuitive, slick and broker-friendly. The desire to do a deal was clear, and any obstacle was handled commercially and quickly.”
Matt Mawdesley, CEO of Morpheus Lending, added:
“This deal reflects what we’re built to do. At this level, brokers and borrowers need confidence not just on price, but on execution.
Our platform supports speed, but it’s our people and commercial approach that ensure deals complete, even under pressure.
Delivering a £3.4m loan in 10 working days is a strong result for the team and our partners.”
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