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Now with second charge rates from just 0.95% No Solicitors Required Advances from £5,000 We consider an FCA Second Charge

Welcome to Holme Finance Bridging Solutions (HFBS).

We pride ourselves on being very different, filling a niche in the market to complement your existing providers of short term finance and completing the more straight forward application without the need for solicitor involvement. Simpler, quicker, cheaper.

Please Read before continuing

HFBS accepts applications exclusively from professional financial intermediaries.

Please confirm you are a professional financial intermediary and that you understand that the content of this website is not to relied upon by general consumers.

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Thank you, but please be aware

We can provide on request, details of local intermediaries who may submit an application on your behalf.

This site is intended for the use of professional intermediaries. If you are interested in short term finance, we can provide on request, details of local intermediaries who may submit an application on your behalf.

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  HFBS 1 HFBS 2
LOAN £50 - £250,000 £5 - £49,999
LTV (O.M.V) 65% 70%
RATE 0.95% - 1.5%* 1.25% - 2%
TERM 3 - 12 months 3 - 12 months
CHARGE 1st or 2nd 1st, 2nd or 3rd
ALLOWABLE BROKER FEE Upto 10% Max £7,500 Upto 15% Max £7,500
  * minimum rate 1.1% applies to advances under £100,000

SECURITY

We generally consider 1st,2nd and 3rd charge on residential owner occupied and investment property however we will consider land, commercial and semi-commercial on an individual basis. We do not lend on 'ground up' development but will consider heavy refurbishment and top up's to complete builds.

We lend in England and Wales and have no geographical bias for the South East.

BORROWER

In order to avoid the use of solicitors we lend to individuals only. We do not lend to limited companies, trusts or other corporate bodies.

VALUATION

We have no minimum valuation however we may restrict LTV on lower value properties. In many cases, to keep your clients costs to a minimum we will consider using existing valuations(done within the last 12 months), estate agent sales particulars, automated valuations or our own visual inspection however, where a valuation is required, this will be charged at cost.

REGULATION

We consider all applications which fit the definition of an 'exempt' agreement. We cannot consider advances regulated by the FSMA or CCA.

LEGAL FEES

We are the only bridging lender that completes the majority of cases with NO requirement for solicitors on either side. We charge a flat rate of £895 for handling legals 'in house'

INTEREST

Interest can be serviced or 'rolled up'depending on the clients preference. Part redemptions during the course of the agreement are accepted without penalty. We do not retain interest.

MAXMIMUM AGE

We have no maximum age though applicants over 70 years of age may need independent legal advice.

ADVERSE CREDIT

We will consider all adverse credit except outstanding bankruptcies.

AFFORDABILITY

We do not generally require any evidence of income though this will be considered if the client is relying upon refinance to repay us. We simply require a reasonable exit strategy.

CURRENT MORTGAGEES

We will lend behind any recognised first mortgage lender but not private charges. Where consent is refused we will consider lending on an agreed notice (without consent).

EARLY REPAYMENT CHARGES

In the event of early settlement we will calculate interest to the next payment due date plus one month. A mortgage discharge fee of £150 applies on all redemptions.

DEFAULT RATES

We do not charge any additional rate on term expiry. The contractual rate continues to apply.

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