Monthly Archives: April 2018

Best Specialist Lender category of the Financial Reporter Awards 2018.

HFBS REVEALED AS BEST SPECIALIST LENDER FINALISTS

The votes are in and Holme Finance Bridging Solutions (HFBS) are very proud to announce they are finalists in the Best Specialist Lender category of the Financial Reporter Awards 2018.

Best Specialist Lender category of the Financial Reporter Awards 2018.Ian Broadbent, director at Holme Finance Bridging Solutions says: “We are incredibly proud to be in the finals of this very prestigious industry award. We must say a huge thank you to all of those voters who took the time to put our name forward, without support from our peers we wouldn’t be here.”

The Financial Reporter Awards returns for its ninth year in its role as the most transparent and highly-regarded awards programme in the industry. Developed to support a changing industry by promoting good practice and excellent service, the Financial Reporter Awards provide an incentive for firms to go above and beyond and be rewarded for it by those who know best – the intermediaries. Without a panel or judges, the awards truly represent the industry’s opinion on who deserves to be recognised.

HFBS go through to the finals where one deserving business or individual in each category will be crowned the winner at the Financial Reporter Awards party on the 15th May – watch this space.

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.

renovation loan

Specialist Renovation Goes Ahead with Bridging Loan

Holme Finance Bridging Solutions agrees a £240,000 finance deal for the luxury renovation of a residential timber framed and clad grade two listed barn.

The barn required a programme of specialist renovation and refurbishment works to bring the property up to scratch for a profitable re-sale. However, after approaching more customary finance channels the owners discovered they would not be able to secure a loan due to the non-traditional construction of the property.

Dan Yendall-Collings, senior underwriter at HFBS says: “We were sure we could help get this project started, the property was of sound build, nothing structurally wrong, but due to the amount of work and the specialist nature of the renovations required, we did have to have the property valued. In its pre-renovation state the property itself wasn’t suitable as security but we confirmed a deal after agreeing a comfort charge on the client’s home address instead.”

Provided with 12-month roll-up terms HFBS approved a non-regulated deal using the business exemption route based on the client’s profession as a professional builder and developer and 100% of funds being used for that purpose.

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.