Tag Archives: loan


Holme Finance Bridging Solutions (HFBS) loan clears tax liability just in time.

HFBS approves a thirty thousand pound loan to solve a short-term cash flow problem and urgently clear a tax liability.

The request to raise £30,000 as a second charge to clear a tax bill came at short notice when the sale of an investment property sale fell through leaving two weeks to agree terms and pay the outstanding tax bill.

The property sale would have comfortably cleared the tax liability in good time, instead the owner was left with a looming payment deadline and no way of raising the funds required in such a short space of time.

Dan Yendall-Collings, senior underwriter at HFBS says: “Whilst this was tight we were confident we could step in and help. Having met with the client at the security address and being able to see the sales particulars, we were confident that we would be lending well below 50% LTV which meant we could lend without the need for a full mortgage valuation.

However the first mortgagee on the security address had a flexible account with an all monies charge. This meant a written confirmation of their maximum liability under that charge was necessary; this took two days to materialize. Nevertheless we still completed within our client’s timeframe and the matter completed successfully in just eight days.”

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.

Residential Developer Calls Upon Holme Finance Bridging Solutions

Residential developer calls upon Holme Finance Bridging Solutions  to complete a luxury detached bungalow development in Somerset.

A repeat customer of HFBS, the business relationship is long-standing. During the last decade this developer has benefitted from the quick decisions made by HFBS ensuring successfully completed developments.

A slight overspend on unforeseen but essential utilities work left the developer £10,000 short of completing crucial external landscaping.

Yet again her broker recommended HFBS to ensure a speedy cash injection was received, and the development avoided completion delay.

Ian Broadbent, director at Holme Finance Bridging Solutions says: “We have been with this developer right from when she started with small-scale developments of flats and terraced houses. We knew her track record was good, but her latest development has certainly surpassed her previous.”

HFBS met with the developer at her security address to see the progress to date and had no hesitation in supporting her. They were able to fund without the need for solicitors, and completed within three working days from application.

Ian continues: “We have been with this developer every step of the way during the past decade and are incredibly thrilled to see how far she has come during this time. Thanks to her broker recommending us she’s on track yet again for another successful refurbishment and sale.”

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.

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