development of a property in Prime North London. He had planned an exciting scheme on an attractive property set well within comfortable lending limits. However, ten days before completion and after exchange of contracts their funder pulled out of the transaction on the basis that planning permission was not fully in place for their scheme. This left the clients in a very tight spot as they risked loosing both the deposit and the potential value in a very profitable scheme. We were therefore tasked with arranging a bridging loan for a property developer – something we are quite familiar with as these unforeseeable situations frequently arise.