5 Day Bridge to Beat the Stamp Duty Hike

Property Type: Residential flat

LOAN AMOUNT

£350k

LTV

70%

Location

Camden, NW1

The Scenario

A borrower had sourced a deal that they wanted to complete before the stamp duty hike (June 2021). The broker contacted Inflow to provide a loan to facilitate the purchase, requiring completion within 5 days.

The Inflow Team was able to offer terms, organise valuers and instruct solicitors, all on the day of enquiry to enable completion to take place on time. Inflow’s priority service helped the borrower save £18k in Stamp Duty Land Tax.

Key Highlights

  • Inflow works with industry-leading professionals to enable speed of service
  • Solicitors and Valuers instructed the same day, providing priority service
  • Inflow were able to make fast decisions by taking a commercial approach.