Holme Finance Bridging Solutions break their own record with a bridging loan agreed and funded in just less than 48 hours.
When the request came through via a broker to fund a client’s auction deposit of £26,000, HFBS sprang into action. From enquiry on a Wednesday afternoon HFBS hit the post the same day, confirmation of receipt and a meeting on Thursday, with the funding pack completed Friday morning and funds transferred by midday.
Dan Yendall-Collings, senior underwriter at Holme Finance Bridging Solutions says: “This has to be a HFBS record. We didn’t require a valuation, the client offered an existing BTL as security, the finance checks ran through smoothly. Everything just fell into place in plenty of time for the auction which was first thing the following Monday.”
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.