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01724 86 55 77
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Don’t let the school holidays get in the way of a good deal. 

When a mortgage application is taking too long
When an auction deadline is imminent
When top-up funds are required  
When cash flow just isn’t flowing
When deadlines are tight
When it’s just too complex…

…HFBS have a habit of finding the solution, quickly and with ease.

Talk to us about your clients’ funding requirements
01724 86 55 77 or email sales@hfbridging.co.uk

HFBS offer one the LOWEST second mortgage rates in the bridging finance market starting at just 0.95% month with advances from just £5,000.

HFBS Bridging Solutions have been advancing short-term funds, via a limited panel of intermediaries, for over 40 years with complete authority on their lending.

No solicitor involvement, no minimum valuation, and entirely privately funded, no bank mandates, no fixed rules, no default rates.

Auction Completion Deadline Met With HFBS

When a mortgage application was taking too long Holme Finance Bridging Solutions (HFBS) were approached to help with a quick funding turnaround solution.

Just days away from completing on the purchase of an auction property it was critical that funds be ready and available to complete the purchase of a one bedroom detached bungalow for £105,000.

Approach by a broker, the HFBS team received an application to fund 100% of the purchase price with funds already earmarked to cover the cost of planned remodelling work in to a two bedroom dwelling with an estimated re-sale price of in excess of £200,000.

Dan Yendall-Collings Senior Underwriter at HFBS commented: “As this was an experienced property developer we were confident in his plans to remodel the property. With significant value in the developer’s home address we were able to register this as a second charge without valuing the new purchase property. And with a planned end-value in excess of £200,000 we know it won’t be long before a successful sale completes and our loan is repaid.”

One week is all it took, from receiving the application to funds paid out HFBS bridging loan was agreed over 12 months at 0.99% with the planned sale of the development securing repayment of the loan.

HFBS offer one the LOWEST second mortgage rates in the bridging finance market starting at just 0.95% month with advances from just £5,000. HFBS Bridging Solutions have been advancing short-term funds, via a limited panel of intermediaries, for over 40 years with complete authority on their lending. No solicitor involvement, no minimum valuation, and entirely privately funded, no bank mandates, no fixed rules, no default rates. HFBS really mean business.

Simpler, quicker, cheaper.

Cash Purchase Development Required Bridging Boost

When an investment property for development didn’t have the funds to complete the development HFBS were approached to help out.

The client had purchased an investment property for £244,000 and spent £250,000 on the building works but due to the recent price increase in building materials the planned budget became way off target.

With the cost of the development escalating and earmarked funds exhausted it seemed the only solution was to sell the development.

The development came to a halt and the client put the property on the market, valued at £700,000 in its unfinished state. However the advice of an estate agent recommended that a completed development would have much better chance of selling, and at the higher valuation of one million pounds.

Dan Yendall-Collings Senior Underwriter at HFBS commented: “Taking the advice of the estate agent our client decided to proceed with the development pending approval of funding from ourselves. Having looked at the development it was clear it was worth completing. It was put on the market for £700,000 in an incomplete state and valued at £1,000,000 once completed to a mortgagable state. We were more than confident our funding would be enough to get the property completed to the standards required to secure the best sale price.”

HFBS received the application Friday, visited the site first thing the following Monday and transferred the funds 48 hours later. No valuation was required. HFBS provided £90,000 of funding over 12 months at 0.99% with the planned sale of the development at £1,000,000 securing clearance of the loan.

HFBS offer one the LOWEST second mortgage rates in the bridging finance market starting at just 0.95% month with advances from just £5,000. HFBS Bridging Solutions have been advancing short-term funds, via a limited panel of intermediaries, for over 40 years with complete authority on their lending. No solicitor involvement, no minimum valuation, and entirely privately funded, no bank mandates, no fixed rules, no default rates. HFBS really mean business.

Simpler, quicker, cheaper.

HFBS Agrees Its Largest Bridging Loan

Owner of a derelict central London property required bridging funding to complete a full-scale development project to achieve a sale price of 2 million pounds upon its completion.

The large semi-detached derelict property wasn’t mortgageable in its uninhabitable state so the developer approached Holme Finance Bridging Solutions (HFBS) for a funding solution to advance the development of the property. 

Dan Yendall-Collings Senior Underwriter at HFBS commented: “We couldn’t provide a desktop valuation, the nature of the property in its derelict condition meant we required a full valuation. However upon receiving the valuation findings we were really pleased to hear that without development the property was worth 1 million pounds and after development would be worth 2 million pounds. This provided the confidence we needed to move forward and approve the funding.”

The owner of the investment property had completed a schedule of works that were appropriately planned and costed ensuring that the £300,000 bridging loan would be all that was required to bring the property back to a habitable and mortgageable condition. 

HFBS received the application on the 5th of April and instructed a valuation the same day. The valuer visited the property three days later and provided a full report on the 11th of April at which time HFBS arranged to meet the client to agree contracts. The funding was paid out on the 14th of April, just eight working days later.

Dan Yendall-Collings, commented: “We are really proud to have made this one happen and know the developer’s intentions are achievable and well within their experience. This wasn’t one of our quickest deals but it is the biggest. The fact it was a derelict shell slowed the process slightly, but with due diligence complete we were happy to make this happen and realise the huge return for the client.”

With significant equity, a clean credit status and a track record of successful developments, HFBS were happy to fund the £300,000 at 0.99% agreed over a 12-month term with a view to the property being renovated and sold within the term to settle the loan.

HFBS offer one the LOWEST second mortgage rates in the bridging finance market starting at just 0.95% month with advances from just £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. No solicitor involvement, no minimum valuation, and entirely privately funded, no bank mandates, no fixed rules, no default rates. HFBS really mean business.

Simpler, quicker, cheaper.

HFBS team took just 24 hours to turn funds around

£15,000 just in-time funding was all that was needed to assist in the purchase of an investment property at Middlesbrough auction.

When an experienced property developer approached Holme Finance Bridging Solutions (HFBS) for a small bridging loan of £15,000 the underwriting team took just 24 hours to turn the funds around and all without the need for a valuation.

Providing an unencumbered BTL property worth in excess of £100,000 HFBS were happy with the desktop valuation which had the added bonus of not just saving the client huge amounts of time but also saving on upfront fees.

The urgent approach to HFBS was made on Friday afternoon in readiness for the property auction the following Tuesday. HFBS acted swiftly in ensuring the client had the offer pack for Monday followed by a personal meeting the same day with payment made that afternoon. Another HFBS record deal turned around in less than 24 hours from their working week.

Dan Yendall-Collings of HFBS commented: “We were approached on Friday afternoon by the property developer who had his eye on a number of low value properties to invest in. Knowing there was plenty of opportunity in the development we were really happy to help him purchase his next development project outright confident it would be a quick turnaround to sale.”

HFBS funded £15,000 at 1.5% agreed over a 12-month term with no upfront fees with a view to the property being renovated and sold within the term to settle the loan.

HFBS offer one the LOWEST second mortgage rates in the bridging finance market starting at just 0.95% month with advances from just £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. No solicitor involvement, no minimum valuation, and entirely privately funded, no bank mandates, no fixed rules, no default rates. HFBS really mean business.

Simpler, quicker, cheaper.

Speak to us about your funding requirements.

Record Breaking 24 Hour Bridge

”Thank you to Ian and the HFBS team for organising a 65k bridging loan for a client in less than 24 hours! Can’t thank you enough for the speedy service.” Anthony Coleman, FinSpace Group.

How did HFBS do it? Read about the process here:

Friday 11th March 2022

1PM one of our key introducers, Anthony at FinSpace Group called to discuss a potential bridge. The client was looking for £65,000 secured as second legal mortgage over a HMO. The property was valued in June 2021 at £770,000 with a current first mortgage balance of £320,000. Super fast completion was required and we discussed terms on a verbal basis.

4.05PM the introducer emailed confirming the client wished to proceed and providing a brief synopsis, copy of the valuation carried out in June 2021 and consent to call the client.

4.45PM in view of the urgency ( and despite the pubs being open ) our director called the client and spent 45 minutes discussing the clients requirement, collating information and confirming our process. The next hour was spent carrying out initial due diligence.

Monday 14th March 2022:

9.30AM contracts were emailed to the client to review.

10.0AM the client called to confirm he (and the co-borrower) were happy with the terms and were on the way to our offices.

11AM the clients attend our offices to complete the paperwork (generally we visit the client however this was quicker on this occasion).

12.15PM the paperwork is completed and the client leaves the office to head home whilst we continue the due diligence.

2.45PM we carried out our final security ‘speak with’.

3.19PM funds were transferred to the clients account.

A funding record!

Talk to us about your clients’ funding requirements
01724 86 55 77 or email sales@hfbridging.co.uk

HFBS Funding Paid Out Before Deadline

Holme Finance Bridging Solutions (HFBS) helps a broker’s client purchase an investment property against a very tight deadline avoiding the prospect of being in default of contract.    

Having already committed to a quick completion date, the client’s mortgage lender could not deliver the funding to fit the deadline. HFBS were approached to step in and recover the deal by providing the funding required as a second charge against a holiday let property.

Having received the case on Monday, HFBS were able to instruct a same day valuation. The valuation was presented on Tuesday, visited by HFBS on Wednesday to approve and sign contracts, and successfully paid out on Thursday.

Dan Yendall-Collings of HFBS commented: “Another mortgage application was not an option for our client, not without being in default of the contract and incurring substantial penalties. Acting quickly we secured a valuation, the report of which presented a higher than anticipated valuation. This provided the security we needed to approve the funding. Thankfully we were able to approve the loan and were able to move to a speedy completion one day ahead of the deadline ensuring our broker client did not incur any penalties.”

HFBS funded £100,000 at 0.95% agreed over a 12-month term with no upfront fees.

HFBS offer one the LOWEST second mortgage rates in the bridging finance market starting at just 0.95% month with advances from just £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. No solicitor involvement, no minimum valuation, and entirely privately funded, no bank mandates, no fixed rules, no default rates. HFBS really mean business.

Simpler, quicker, cheaper.

Business Cash Flow Bottleneck Freed With Bridging Funding

The quick work of the Holme Finance Bridging Solutions (HFBS) team meant a business cash flow bottleneck was quickly released for returning client.

The request for a £100,000 bridging loan to ease business cash flow was completed as a first charge on the same property that HFBS secured against over three years ago. Having the previous valuation to work with and keeping the original broker in the loop, the deal for as straight-forward as it could be, making for a very quick funding decision.

Dan Yendall-Collings of HFBS commented: “Having already successfully worked in the past with this client we had no hesitation in helping out again with this relatively straight forward funding deal. Keeping the original broker informed he was extremely happy for us to go ahead. He also received further commission without any additional work at their end.

“We received the funding request on Friday and worked quickly to organise the paperwork. We visited the property the following Tuesday and provided funding the next day, on Wednesday. Completing easily within four working days, it couldn’t have gone better. We were very pleased to once again work with someone who we have a great relationship with.”

HFBS funded £100,000 at 0.95% agreed over a 12-month term with no upfront fees.

HFBS offer one the LOWEST second mortgage rates in the bridging finance market starting at just 0.95% month with advances from just £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. No solicitor involvement, no minimum valuation, and entirely privately funded, no bank mandates, no fixed rules, no default rates. HFBS really mean business.

Simpler, quicker, cheaper.

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Happy New Year!

Is 2022 your year to make great things happen for your clients?

Here at Holme Finance Bridging Solutions (HFBS) we’re making funding as easy as we can.

So in preparation we have made a few adjustments to our criteria to help.
– we’ve increased our maximum loan to £300,000
– we’ve increased the available terms to 18 months

Just a few small adjustments to our already compelling and flexible terms.

– no solicitors required on either side in most cases

-the majority of applications completed without the need for a valuation

-equitable charges behind most first mortgages

-minimum load size of just £5,000

-average completion from day 1 enquiry just 7 days

Call or email to discuss your funding requirement.
01724 86 55 77 or email sales@hfbridging.co.uk

Complete before Christmas

Complete your funding application before Christmas.

That’s right! Submit your funding application now and HFBS will complete before Christmas.

In fact they will be able to complete a ‘simpler’ application received up to the 15th of December!

Are your clients currently looking for funding? Are they struggling to identify anyone who can meet the festive deadline?

Ring today on 01724 865577 or email us at sales@hfbridging.co.uk for guaranteed funding before the Christmas break.

HFBS are quick and these are the unique reasons – only from HFBS ⏬

NO SOLICITORS REQUIRED ON EITHER SIDE IN MOST CASES

THE MAJORITY OF APPLICATIONS COMPLETED WITHOUT THE NEED FOR A VALUATION

EQUITABLE CHARGES BEHIND MOST FIRST MORTGAGEES

A MINIMUM LOAN SIZE OF JUST £5,000

MAXIMUM LOAN TO £300,000

AVAILABLE TERM TO 18 MONTHS

AVERAGE COMPLETION FROM DAY 1 ENQUIRY JUST 7 DAYS.

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, bridgingloans.co.uk

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