A borrower in receivership. An agricultural asset. Adverse credit, an outstanding CCJ, and a hard deadline of 18 days — including the Christmas period.
This is the kind of deal most brokers would walk away from. For us, it was exactly the kind of challenge we exist to solve.
The Situation
Our client came to us in a position of real urgency. They were in receivership and facing an 18-day window to secure funding — a scenario that most lenders would struggle to cokmprehend, let alone completing a transaction.
The security was agricultural land, an asset class that sits firmly outside the appetite of mainstream lenders. Add to that a borrower profile showing adverse credit history and an outstanding County Court Judgement (CCJ), and the picture becomes clear: this was not a deal for the high street.
It was a deal for us.
The Solution
We moved fast. Terms were agreed quickly, and with a clear view of the land’s value and the deal’s fundamentals, we structured a £4.4 million bridging facility at 1.25% per month — priced to reflect both the speed of execution and the risk profile involved.
Crucially, no third-party valuation was required. The credit decision was backed purely on the assessed value of the land itself and the low loan-to-value position the deal presented. This removed one of the most common bottlenecks in a time-pressured transaction and allowed us to keep the timeline on track.
The outstanding CCJ was addressed directly — settled from the loan proceeds at completion, removing the liability and giving the borrower a clean path forward.
Completion on Christmas Eve
There is arguably no harder day in the property finance calendar to get a deal across the line than Christmas Eve. Solicitors are largely unavailable. Offices are closed. The system effectively shuts down.
We completed on Christmas Eve.
That outcome required the right lender, the right legal team, and relentless coordination from our side to ensure every party was aligned and ready to complete at a time when most of the industry had already switched off for the holiday. It didn’t happen by accident — it happened because we have the right connections.
The Outcome
Completion delivered the borrower a critical lifeline: 12 months to refinance or sell part of the land and exit the bridging facility on their terms. What had been a distressed situation with a ticking clock became a structured position with breathing room and a clear exit strategy.
What This Deal Demonstrates
A few things stand out about this transaction that we believe are worth highlighting:
- Agricultural land is a viable security class when structured correctly, even where mainstream lenders won’t engage
- Adverse credit does not have to be a deal-breaker — the right lender, the right structure, and a low LTV can overcome a difficult credit profile
- Speed is a genuine capability, not a marketing claim — 18 days from approach to completion, including Christmas Eve, is proof of what is possible when the right infrastructure and relationships are in place
- CCJs can be resolved within the transaction — rather than blocking progress, the outstanding judgement was incorporated into the deal structure and cleared at completion
Challenge Us
If you are facing a time-sensitive funding need, hold an asset that sits outside conventional lending criteria, or carry a credit history that has led to previous declines — we want to hear from you.
Complex, unconventional, and time-critical deals are exactly where we perform best.
Get in touch with the team at Xander Wealth for a no-obligation conversation about your funding requirements.
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