When an experienced property investor spotted an opportunity to acquire six houses in one transaction, they needed a lender that could work with the structure, not against it.
Working with introducer Knights Row Commercial Finance Limited, Ultimate Finance provided a £994k Bridging Finance facility to support the acquisition through a Share Purchase Agreement (SPA). That gave the borrowers a practical route to expand their portfolio through a deal that sat outside a standard purchase structure.
A different route to the deal
The borrowers wanted to grow their property portfolio by acquiring a limited company that owned six residential properties being sold by a developer.
Rather than buying the properties directly, the transaction was completed through a Share Purchase Agreement – an agreement to buy the shares in the company that owned the properties, rather than the properties themselves.
That approach created a more complex funding requirement and reduced the number of lenders able, or willing, to support it.
For the introducer, the challenge was finding a funding partner that could assess the opportunity on its merits and structure the deal around the clients’ needs.
A tailored Bridging Finance solution
Ultimate Finance provided a 12-month Bridging Finance facility of £993,753.95, supporting the acquisition at 73.12% LTV and 90.35% net loan-to-purchase-price.
Our ability to support Share Purchase Agreement transactions immediately set us apart as the right funding partner for this deal. Working closely with the introducer and the borrower, the team structured a solution that reflected the transaction’s complexity while keeping the path clear for the borrowers’ longer-term plans.
“This is exactly the type of transaction where flexibility and experience make a difference. The borrowers had identified a strong opportunity, but the acquisition structure meant their options were more limited. By taking the time to understand the deal and work closely with all parties, we were able to provide funding that supported their objectives and kept the transaction moving forward.”
Alice van Duijvenvoorde | Regional Director, Ultimate Finance
Delivering more than funding
For introducers, complex transactions can be some of the hardest to place.
In this case, Ultimate Finance’s willingness to support a Share Purchase Agreement, combined with a collaborative approach to structuring the deal, helped turn a challenging funding requirement into a successful outcome.
“Finding the right lender isn’t always about securing funding. It’s about finding a partner willing to understand the transaction and work through the detail. Ultimate Finance approached the deal with a solutions-focused mindset from the outset, which gave us confidence that the transaction could progress.”
Dominic Reddish | Knights Row Commercial Finance Limited
What’s next?
With the acquisition complete, the borrowers are now focused on refinancing the properties and continuing to expand their portfolio as new opportunities arise.
If you’re looking for a practical, partnership-led approach that can help you deliver successful outcomes for you clients, even when deals fall outside standard lending criteria, get in touch with us or register as an introducer.
