Commercial Purchase
Manchester

A property investor had found a vacant commercial unit in Manchester city centre at a below-market price. The vendor was a receiver who demanded completion within 10 working days — non-negotiable. The investor's existing broker said it was impossible to arrange funding that quickly and suggested they walk away from the deal.

Ten working days is extraordinarily tight for a commercial bridging completion. The property needed a full commercial valuation, the receiver's solicitors required specific undertakings, and the investor's company structure — an offshore SPV with a UK subsidiary — added an additional layer of due diligence that most lenders would need weeks to work through.

We contacted three lenders from our panel simultaneously on day one, presenting a fully packaged deal with the valuation instructed in parallel. One lender — a private fund we work with regularly — issued terms within 4 hours. Their in-house legal team was instructed that afternoon. We managed the valuation, legal due diligence, and SPV verification concurrently rather than sequentially, compressing what would normally take 3-4 weeks into 9 days.