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Holme Finance Bridging Solutions secure repeat business through the speed and success of a previously completed deal.

HFBS were specifically requested by a broker’s client to fund the latest in an auction property purchase for developer looking to buy, renovate and sell on investment quickly.

HFBS were approached to assist with the funding of £142,000 as a second charge on the developer’s home address following a first charge of £300,000. HFBS were able to complete the deal using a valuation completed for a previous funding deal of £150,000 back in 2020.

Dan Yendall-Collings, Senior Underwriter at HFBS says: “We didn’t have any hesitation in supporting this developer once again. Being able to use a previous valuation ensured the deal could be completed quickly providing the developer with the confidence to move ahead with his latest investment”

It took HFBS four working days from receiving the application to the £142,000 pay out. They agreed the loan over 12 months at 0.99%pm with the planned sale of the development property 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.