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In uncertain times, think certainty!

Brexit! Not again I hear you scream! But this is positive news so please bear with us.

Many introducers have recently reminded me of the absurd knee jerk reaction of some lenders following the June 2016 referendum result and the inevitable return to normal when nothing much changed!

As with all such reactions whilst short term in nature it did cause significant disruption to introducers and their clients alike. Here at HFBS we are known for our straight talking, there is never any uncertainty when dealing with us, which is why we want to take this opportunity to put your mind at rest.

Take comfort in amidst of all of this uncertainty that we have continued to shun bank or other corporate funding to plough our own furrow with significant increases in our private funding lines and a growing book value.

Brexit or remain, I suspect we can all agree on one thing, the continued lack of any certainty at such a late stage is farcical. That is why we are pledging now that there will be NO knee jerk reactions from us, NO reducing LTV’s, No increasing rates and definitely NO pulling of our products in the days following an exit however that takes place. We value our introducers support and will continue to do so. Forward plan with confidence!

HFBS is one of the very first to be involved in bridging finance. We’ve been there and seen it all to come out wiser and stronger.

Be confident that as a privately funded lender, we can make immediate decisions and in most cases complete without the aid of solicitors. We’re all about getting someone where they need to be and supporting both them and their introducer to a successful exit strategy without imposing penalties!

We are happy to consider the ‘quirkier’ deals or those outside our terms. HFBS are absolutely dedicated to supporting and building long lasting business relationships.

Bridging Loan Completes Purchase

Holme Finance Bridging Solutions provides property developer with a first charge bridging loan for 68 thousand pounds.

Bridging loan completes purchase

The loan was required to purchase a three-bed semi detached house that had been converted into two flats. In a derelict state it was ripe as a development project to bring it back to a habitable state and profitable investment.

Contracts were exchanged with a delayed completion date set at six months allowing the renovation to begin in earnest to make the property habitable and therefore mortgageble.

Dan Yendall-Collings, senior underwriter at Holme Finance Bridging Solutions says: “In theory the delayed completion date would have enabled complete renovation works at which time upon completion a traditional mortgage route could be explored. However with several unexpected problems and delays the six-month period passed quickly. With the properties not quite completed, and the completion date looming, the developer’s broker approached us for a bridging loan.

Just days away from not being able to meet his commitment, and potentially giving the vender back two fully renovated flats for nothing, HFBS provided a £68,000 bridging loan against a valuation of £137,500 within seven days enabling the developer to complete on the purchase as agreed and organise refinance once he had secured tenants for both units.

With an average completion taking less than seven days from enquiry to money in the bank, no solicitor involvement, no minimum valuation, and entirely privately funded, no bank mandates, no fixed rules, HFBS really mean business.

HFBS offer one the LOWEST second mortgage rates in the bridging finance market starting at just 0.95% month on advances from £5,000. HFBS Bridging Solutions have been advancing short-term funds, via a limited panel of intermediaries, for over 15 years with complete authority on their lending. Simpler, quicker, cheaper.

Historically bridging loans should have a swift completions, the modern day reality is often they are little quicker than a residential mortgage but HFBS are different, old fashioned great service with a proven track record of achieving amazing customer service.

HFBS will go the extra mile to meet a customers expectations, whether that is speed, efficiency, meeting face to face at short notice up and down the country or just delivery on what they offer, they will meet the customers’ expectations.

Simply put, HFBS deliver market leading service, every day…

Mr Matt Tristram, Co-Founder & Director of Loans Warehouse

The recent completion of a £205,000 advance, secured against a purchase, and completed in just three working days from initial contact prompted the following response from one of our significant introducers:

“Here @ Y3S we always have a positive approach, regardless of time constraints and tight deadlines. This case in particular was a challenge to say the least. But we knew, if we had the right partner and the right attitude, then this is something we could achieve. This is not the first time with have used HFBS, so we knew we had the right partner on board. From start to finish, Ian & his team mirrored our own enthusiasm to get this one done”

Mr Andrew Gage, Y3S Group

More4 Loans selected HFBS as our preferred bridging lender because they are exactly the type of lender we want to partner with. Not only do they offer a fantastic range of bridging loan products and with nationwide coverage, their speed of service is second to none. Ian and his team are quick to reply with approvals in principle and as they don’t need clients to employ solicitors can often turn round cases to completion in a matter of days. More4 Loans would have no hesitation in recommending other mortgage brokers, IFA’s or intermediaries to use HFBS

Mr Steve Pollard, More4Loans

HFBS are an innovative and dynamic company. Their bridging loan proposition fulfills a much needed niche in the bridging market. They take a common sense approach to lending and offer a great level of service.
Referring cases over to them could not be more simple and we are assured that our clients will be dealt with in a professional manner.

Mr Ian Miller, Highcroft Securities

When you need hassle-free, fast bridging I would always recommend HFBS. Every time they deliver again and again.

Mr Chris Warner, First4Commercial

We have worked with Holme Finance Bridging Solutions (HFBS) on many occasions over the years, primarily for smaller bridging loans of between £10k and £200k. Without doubt they are the best performing bridging company we have used. They always do what they say and move quickly to complete a deal and pay the commission. If its not one for them, you are told at the outset so you can immediately try and place elsewhere

Mr Gary Latham,

Ian always finds time to chat through each potential deal, always honest in his assessment, and if he says he can do it, he will, promptly and efficiently! How refreshing in today’s market!

Mr Mike Wipfler, Lodhi Finance