Property: Office purchase, Maidenhead, Berkshire

Purchase price: £3,300,000

VAT facility: £660,000

Loan term: 90 days

Completion date: 2^nd December 2025

BloomSmith delivers £660k VAT bridging loan

BloomSmith has delivered a £660,000 VAT bridging loan to facilitate the acquisition of an office property in Maidenhead, valued at £3,300,000.

The loan facility funded the £660,000 VAT element required at completion, enabling the borrower to retain their working capital. The transaction was completed in seven days, supporting a necessarily fast purchase process.

The deal was arranged by broker Afsheen Gul of Berkeley Commercial Finance, with legal support provided by Fladgate.

Commenting on the transaction, Afsheen Gul said: “Thank you for getting this across the line. We really appreciate everyone’s hard work and effort, especially prioritising the transaction and getting it completed so swiftly.”

Nigel Smith, BloomSmith CEO, said: “We are pleased to have supported the client in this instance and thank you to Afsheen for her diligence and attention, and to our fantastic colleagues at Fladgate for their thorough work in helping everyone complete this acquisition on time.”

You can also see if you qualify for a loan via our VAT Bridging Loan Eligibility Checker.