Opportunistic Portfolio Acquisition from Liquidation
The Challenge
An introducer presented an opportunity to acquire a 12-property buy-to-let portfolio coming out of liquidation. The portfolio was valued at £2.35m but agreed to be purchased for £1.4m, raising red flags for many lenders. Further investigation revealed the borrower held additional property assets and that the transaction was genuinely opportunistic rather than distressed.
Our Approach
While many lenders declined to engage, we assessed the transaction on its merits and took the client at face value. We appointed trusted valuers and explicitly instructed them to value independently, without being constrained by the purchase price. The resulting valuations were strong, supported by overwhelming market comparables.
The Outcome
We were comfortable offering terms immediately. A 12-month bridging facility was provided, allowing the client to execute the acquisition with a clear exit strategy into a conventional buy-to-let mortgage at term expiry.
“Churchill were one of the few lenders willing to look past the headline numbers and focus on the fundamentals. Their confidence in the deal made all the difference.”