Best Specialist Lender FRA18
01724 86 55 77
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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

HFBS COMPLETES A THIRD CHARGE BUSINESS LOAN IN SIX WORKING DAYS

HFBS were recently approached by White Rose Finance on behalf of a client. The client had a pending second charge application which had been ongoing for several weeks when the proposed lender declined due to the inability to obtain the information they required from the first mortgagee.

On review it was clear that applying a little common sense not only could a deal be done but a third charge would be more cost effective for the client. The security was the clients own residence recently valued by the previous lenders valuer at £1,850,000. The client had a first mortgage balance of £416,000 and a current second of £100,000. The required loan was £100,000 to be used for an immediate cash injection to the business with the exit being the planned sale of the security. The loan was completed in six working days.

Ian Broadbent of HFBS commented “Whilst third charge lending is not particularly common it was clear on this occasion that it was both in the clients best interest and sound lending. A little flexibility was required in respect of the first mortgagees indebtedness however ‘common sense’ is where we shine. Working together with an excellent introducer this shows how a privately funded lender really can prove the best solution for a client.”

David Fine of White Rose Finance commented:  “This was a case we had struggled with for some time on consent issues but when HFBS took control they made all these problems disappear.

A phenomenally quick turnaround in the current lending environment from a thoroughly nice team as well!”

THE POWER OF TEAMWORK

HFBS offer one the LOWEST second mortgage rates in the bridging finance market starting at just 0.95% month with advances from just £10,000. 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 Help Client Save Thousands on Stamp Duty

When a plan to remortgage a holiday let to purchase a new property wasn’t going to complete in time to draw down funds for the 30th June stamp duty holiday deadline Holme Finance Bridging Solutions (HFBS) were approached to help.

The client required £200,000 to cover a slight shortfall enabling them to complete on a new property purchase, but they also needed to complete quickly in order to save tens of thousands in stamp duty. That’s when Sonny Gosai at Norton Finance approached HFBS.

Approached on Friday the 25th of June HFBS immediately issued their offer pack, the client confirmed receipt of Monday the 28th, HFBS visited the property on the 29th where arrangements to release the funds on Wednesday the 30th were made.

Dan Yendall-Collings, senior underwriter at HFBS says: “The client had an unencumbered large detached property worth £900,000, it clearly had significant value in line with the valuation report carried out for the mortgage lender, that coupled with being offered the first legal charge meant we were able to do the deal with no upfront fees as we didn’t require a new valuation. We were able to complete just within their time frame to save them a significant amount of money.”

Sonny Gosai at Norton Finance says: “With such a short space of time to beat the stamp duty deadline and save our clients thousands of pounds HFBS were the obvious choice.  Ian and Dan delivered when needed most.  With agreeing a valuation wasn’t required and in house legal team ensured that the clients received the desired outcome.  Speed really was key here and with Ian and his team that is exactly what was delivered”

HFBS issued a £200,000 bridging loan over a 12-month term at 0.95% per month in just four working days.

Dan continues: Working with the highly professional team at Norton Finance it was still a tight ask but because we have access to the funds and the flexibility to make our own decisions we were able to make it happen. We now have a very happy broker, and a VERY happy client.”

HFBS offer one the LOWEST second mortgage rates in the bridging finance market starting at just 0.95% month with advances from just £10,000. 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.

DEVELOPMENT FUNDING CLEARED BY HFBS

With a purchaser of a newly developed property pushing for a New Year move-in date the developer needed a quick release of funds to ensure the house was on track for completion before Christmas.

The select development of three modern terrace houses had been fully funded by the developer who had managed to get the properties to a near complete stage requiring internal finishing only. However with the purchaser eager to move in the developer didn’t want the sale to go off track and requested a small loan of £15,000 from HFBS to complete the internal fixtures on a quicker schedule.

Dan Yendall-Collings of HFBS commented: “We received an application from the client’s broker and were really happy to get involved. We visited the site and were impressed by the experience of the architect supervising the build. The development was compliant and met with the appropriate building regulations and having seen the quality of the development for ourselves we were more than comfortable to agree funding without the need for an official valuation. We put the funding in place within a week all ready for when the client was ready to draw down the funds.”

HFBS funded £15,000 at a rate of 1.75% per month agreed with a 12 month term with the client aiming to repay within three months after property sale completion.

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.

DEVELOPMENT FUNDING CLEARED BY HFBS

With a purchaser of a newly developed property pushing for a New Year move-in date the developer needed a quick release of funds to ensure the house was on track for completion.

The select development of three modern terrace houses had been fully funded by the developer who had managed to get the properties to a near complete stage requiring internal finishing only. However with the purchaser eager to move in the developer didn’t want the sale to go off track and requested a small loan of £15,000 from HFBS to complete the internal fixtures on a quicker schedule.

Dan Yendall-Collings of HFBS commented: “We received an application from the client’s broker and were really happy to get involved. We visited the site and were impressed by the experience of the architect supervising the build. The development was compliant and met with the appropriate building regulations and having seen the quality of the development for ourselves we were more than comfortable to agree funding without the need for an official valuation. We put the funding in place within a week all ready for when the client was ready to draw down the funds.”

HFBS funded £15,000 at a rate of 1.75% per month agreed with a 12 month term with the client aiming to repay within three months after property sale completion.

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.

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