SDKA completes £1m complex bridging loan for Billingshurst acquisition

By Bridging Loan Directory 20th August 2025

SDKA has put a family business firmly in the driving seat with a £1,030,000 complex bridging loan for the purchase of a 41.58 acre site with prime space for an on-site 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 critical factor, SDKA’s underwriting team quickly confirmed serviceability by thoroughly reviewing the client’s accounts and verifying the deposit from multiple 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 that 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.”