HFBS Unveils Benefits of Partnership Ahead of Christmas Break
Holme Finance Bridging Solutions (HFBS), a prominent name in the UK’s bridging finance sector, is making waves as it demonstrates its commitment to facilitating quick and reliable financing solutions for clients just in time for the holiday season.
As the year comes to a close, HFBS has been hard at work, striving to approve deals and secure funding for its clients before the Christmas break. The team at HFBS understands the urgency and importance of funding for borrowers, and they are dedicated to ensuring that their clients can have peace of mind and financial security during the festive season.
Ian Broadbent, Managing Director of HFBS, emphasised the significance of their efforts: “We understand that the holiday season can be a stressful time for many, and the need for quick and flexible financing solutions is more crucial than ever. Our team is putting in extra effort to ensure that we can approve deals and provide funding promptly, allowing our clients to enjoy their holidays without any financial worries.”
HFBS specialises in bridging loans, offering a wide range of financial solutions to meet various needs, including property development, auction purchases, and refurbishment projects. Their streamlined and efficient application process, combined with their extensive experience in the industry, has made them a preferred choice for borrowers seeking quick and reliable financing options.
The benefits of working with HFBS extend beyond just fast approvals. Clients who partner with HFBS can expect:
1. Tailored Solutions: HFBS understands that each borrower has unique requirements. They provide personalised loan packages to meet the specific needs of their clients.
2. Flexibility: With a range of loan terms and options, HFBS offers flexibility to borrowers, ensuring they can find the right solution for their circumstances.
3. Speed: HFBS is renowned for its rapid decision-making and approval process, allowing clients to access funds swiftly, often within days.
4. Expertise: With a team of experienced professionals, HFBS offers expert guidance throughout the lending process, ensuring clients are well-informed and supported every step of the way.
5. Transparency: HFBS prides itself on transparency, providing clients with clear terms and conditions, so there are no hidden surprises.
As the year-end approaches, HFBS continues to be a reliable partner for those in need of bridging finance. Their unwavering commitment to providing fast approvals and excellent service sets them apart in the industry, making them the go-to choose for borrowers seeking financial solutions.
In the spirit of the season, Holme Finance Bridging Solutions continues to prove its commitment to its clients by delivering timely funding and showcasing the advantages of their partnership ahead of the Christmas break. Borrowers looking for dependable financial solutions can count on HFBS to deliver the support they need during this festive season and beyond.
HFBS will close at 5pm on Thursday the 21st of December returning 9am on the 4th of January 2024.
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.
The Game-Changing Benefits of HFBS’s Broker-Centric Approach
HFBS’s broker-centric approach is a beacon of efficiency, agility, and client-focused services in the bridging finance sector. Their commitment is always to empower brokers with the tools and support needed to meet the diverse and urgent needs of their clients.
With a blend of competitive rates, streamlined processes, and a deep understanding of the intricacies of bridging finance, HFBS is redefining what it means to deliver exceptional service in the financial sector.
Key Benefits of HFBS’s Broker-Centric Approach:
Rapid Turnaround Times: HFBS have the ability to meet most pressing deadlines, with the loan being processed and approved within three days in a lot of cases, a testament to HFBS’s agility and dedication to meeting tight timelines.
Flexible Lending Criteria: HFBS’s are willing and able to consider alternative forms of lending criteria. This adaptability is crucial for brokers dealing with complex cases or clients facing unique challenges.
Trust in Existing Valuations: By accepting property valuations already conducted by a previous lender, HFBS streamlines the process, saving time and resources for both brokers and their clients. This level of trust and efficiency is a significant advantage in time-sensitive scenarios.
Competitive Rates and Terms: With second mortgage rates starting as low as 0.95% per month and advances from just £5,000, HFBS offers some of the most competitive terms in the bridging finance market. This affordability ensures that brokers can offer their clients cost-effective solutions.
Expertise and Experience: With over 40 years of experience in advancing short-term funds through a select panel of intermediaries, HFBS brings a wealth of knowledge and a proven track record. This expertise is invaluable in navigating the complexities of bridging finance.
Simplified Processes: HFBS’s approach eliminates the need for solicitor involvement, minimum valuations, and is not constrained by bank mandates or fixed rules. This simplification of the lending process makes it easier for brokers to secure funding for their clients efficiently.
No Hidden Complications: The absence of default rates and a clear, straightforward lending policy mean brokers can confidently present HFBS’s solutions to their clients, knowing there are no hidden complications or unexpected hurdles.
Privately Funded Flexibility: Being entirely privately funded, HFBS enjoys a level of autonomy that allows for more personalized and adaptable lending solutions, tailored to the unique needs of each client.
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.
Rapid Bridging Finance Solution for a Commercial Developer
A commercial developer had an ongoing project nearing completion. Like most commercial projects, there were timelines to be adhered to and payments to be made. An unforeseen cash-flow issue cropped up at a critical moment, creating a potential roadblock in the project’s path.
As the deadline for contractor payments approached, the developer realised that his own business cash-flow would be insufficient to cover the balance due. The shortfall was £26,000. The deadline pressure intensified the situation since a delay in payment could result in penalties, delayed project completion, and potentially strained business relationships.
Upon realising the shortfall, the developer approached his broker seeking a swift financial solution. Recognising the urgency, the broker proposed using a second charge on the developer’s home as collateral through HFBS.
The property considered as security was the developer’s residential address. It had a desktop valuation of £500,000. With the developer’s existing first charge mortgage at £240,000, there was ample equity in the property to cover the loan. This decision to consider the residential property as opposed to the commercial development site was based on the fact that the commercial site was under the developer’s limited company.
In the span of three days HRBS were able to:
Wednesday: Documents were dispatched and received.
Thursday: A personal visit was made for verification and further discussions.
Friday: The deal was finalised, and a net loan of £26,000 was sanctioned.
HFBS provided the client with the urgently needed funds, allowing him to clear the contractors’ dues on the very same Friday. Dan Yendall-Collings, Senior Underwriter, Holme Finance Bridging Solutions said: “This rapid action not only saved the developer from potential late fees and penalties but also maintained his reputation in the business community.”
HFBS provided the £26,000 loan over 12 months at an interest rate of 2% per month.
Dan went on the say: “We’re pleased to say the developer anticipates clearing the bridging loan within the next couple of months, given the projected cash inflows from his nearly completed commercial project.”
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.
Holme Finance Bridging Solutions and Clever Lending Team Up for Swift Bridging Loan Turnaround
In an impressive display of collaboration and efficiency, Holme Finance Bridging Solutions (HFBS) partnered with Clever Lending, the master broker and specialist finance packager, to seal a £24,000 second charge bridging facility within a mere three days of the initial customer enquiry.
The client, seeking funds for business purposes, reached out to Clever Lending directly on the afternoon of 15th August, expressing concerns over difficulties faced with a previous second charge lender. The pressing need was to secure the funds by 18th August, given the existing challenges related to assorted legal matters and the previous lender.
Understanding the gravity of the situation, Clever Lending quickly conferred with HFBS. In a game-changing move, HFBS agreed to step in and provide the second charge loan without requiring consent from the first charge lender. Trusting the property valuation already carried out by the previous lender, HFBS promptly packaged the deal on the same day.
With the clock ticking, HFBS approved the loan offer on 16th August. By the next day, all parties met to finalise the application. The concerted effort of both teams ensured that the case was completed on 18th August, right on cue with the client’s tight deadline.
The deal spotlighted a net bridging loan of £24,000 against a property valuation of £220,000, culminating in a total loan to value (LTV) of 60% when considering the first charge.
Steve Sanderson, the commercial and bridging specialist at Clever Lending, said: “This case came with an extremely tight deadline, but it did not put us off. We knew that Holme Finance Bridging Solutions would consider a second charge application without the first charge lender’s consent and so worked closely with them to ensure we could package the case as soon as possible.
“The case completed on schedule because the parties involved were committed to making it happen, including the customer, who was very responsive.”
Dan Yendall-Collings, Senior Underwriter at Holme Finance Bridging Solutions, further elaborated, “Our collaboration with Clever Lending epitomises what we stand for: being problem solvers in pressing times. Trust, adaptability, and swift decision-making are pivotal, and we’re proud to have showcased this in the recent deal.”
This endeavour marks a significant achievement in the bridging finance sector, emphasising the importance of collaboration, trust, and agility in serving client needs.
Dan Yendall-Collings, Senior Underwriter, Holme Finance Bridging Solutions said:
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.
HFBS Offers Flexibility and Support in Short-Term Financing
For over 20 years, Holme Finance Bridging Solutions has been a trusted name in the world of flexible and short-term financing. Offering a diverse range of financial solutions, the company’s success is attributed to its tailor-made services, working via a limited panel of intermediaries.
Let’s delve into the reasons why brokers consistently choose HFBS for short-term loans, and why they stand out in the crowded marketplace.
1. Hassle-Free Transactions
HFBS prioritises the convenience of its clients by removing unnecessary hurdles in the process. There’s no need for solicitors on either side in most cases, which not only simplifies the process but also speeds it up.
2. Clarity and Transparency
With full contracts issued on day one, borrowers have the opportunity to consider all terms and conditions before proceeding. This practice enhances trust and helps clients make informed decisions.
3. Flexible Charges
HFBS’s offerings include considerations for 1st, 2nd, and 3rd charges. This multi-layered approach ensures that a wider range of customers can access their services.
4. Catering to Various Needs
Loan advances start at just £5,000, with the potential to go up to £250,000. This flexible range allows HFBS to cater to diverse needs, making it suitable for both small and large-scale borrowers.
5. Equitable Charge Lending
HFBS is willing to lend where the first mortgagee refuses consent, a situation commonly referred to as an Equitable Charge. This reflects the company’s commitment to providing solutions even in challenging scenarios.
6. No Limit on Bad Credit
A significant feature that sets HFBS apart is their willingness to consider bad credit without limitations. This opens doors for many potential borrowers who may be rejected elsewhere.
7. Broad Security Considerations
HFBS considers all types of security, including land, BTL, semi-commercial, and commercial. This wide array of options makes it a one-stop-shop for various lending needs.
8. No Geographical Bias
Providing their services across England and Wales, HFBS doesn’t discriminate based on geographical location, allowing more people to benefit from their offerings.
9. Competitive Rates
With rates starting at 0.95% per month, including second charge, HFBS presents a financially attractive proposition to its clients.
10. No Minimum Valuation
This provision enables even more flexibility, further broadening the potential clientele for HFBS.
Holme Finance Bridging Solutions has earned a reputation as a flexible and responsive provider of short-term funds. Its wide range of unique selling points (USPs) has cemented its position as a preferred choice for brokers and borrowers alike. By offering transparent contracts, accommodating various charges, accepting different types of security, and considering bad credit without restrictions, HFBS continues to be a beacon of opportunity in the financial world.
Whether it’s a large commercial venture or a small personal project, the doors of HFBS are open, offering adaptable and innovative solutions for all. With two decades of experience and an unwavering commitment to customer satisfaction, they’re poised to continue making waves in the financial industry for years to come.
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.
How Holme Finance Bridging Solutions Empowered a Client to Boost Property Value and Maximise Sale
We’re thrilled to share another success story here at Holme Finance Bridging Solutions (HFBS). This case study showcases how we quickly facilitated a client’s need to raise funds for a property renovation, ultimately helping them maximise their potential profit.
The Challenge
Our client, a long-term Buy-To-Let (BTL) property owner, found themselves facing a difficult situation when a recent tenant vacated, leaving the property in less than desirable condition. Instead of selling the property in its current state, the client saw an opportunity to renovate it first to significantly increase the selling price.
The property was valued at approximately £350,000 in its current condition. With an estimated renovation cost of £50,000, the client believed that the property’s worth could exceed £500,000, leading to a substantial profit upon sale. However, there was a hurdle. The property was already mortgaged with an outstanding balance of £260,000, leaving no equity to raise the required £50,000 for renovations.
Our Solution
Dan Yendall-Collings Senior Underwriter at HFBS commented: “Having a deep understanding of our client’s needs and knowing the potential of property investments, we were eager to help. The client could offer a second charge on their primary residence, valued at £1,000,000 with an outstanding mortgage of only £180,000, as security. Seeing the potential for success and the security in place, we were able to offer a financial solution that met the client’s needs.
At HFBS, we believe that every problem has a solution. We approved a £50,000 loan, securing it as a second charge on both the BTL property and the home address. The deal was offered at a rate of 1.25%, competitive for the current financial landscape.
The Outcome
In just eight working days, our team managed to complete the entire process, enabling the client to start the much-needed renovation work without further delays. This swift completion is a testament to the quick, efficient and customer-friendly services we pride ourselves on at HFBS.
The client was able to kick-start the renovations, bringing new life to the property and considerably increase its market value. Once renovations are complete, the client stands to gain a significant return on their investment, justifying their decision to renovate and reinforcing the value of our flexible financing solutions.
Conclusion
At Holme Finance Bridging Solutions, we strive to create financing solutions that cater to our clients’ unique circumstances. This case study showcases the kind of flexible, responsive and solution-oriented service we offer to support our clients’ financial needs, even in complex situations. By working closely with the client, understanding their needs and aspirations, and swiftly processing their loan, we could help turn their renovation project into a promising investment opportunity.
If you find yourself in a similar situation or have any other bridging finance requirements, get in touch with us at Holme Finance Bridging Solutions. We’re here to help you unlock your property’s potential and maximise your investments.
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.
Rapid Bridging Funding with Holme Finance Bridging Solutions!
Imagine having access to funds for your property or business needs within just a week. Sounds like a dream. Welcome to rapid bridging finance from Holme Finance Bridging Solutions (HFBS) – where dream-like service speed meets top-notch customer service.
We pride ourselves on providing an exceptional bridging funding service, often executing transactions in just seven days from enquiry to funding!
In today’s fast-paced world, time is of the essence, especially in the finance and property sectors. Whether you’re purchasing a property at auction, taking advantage of a time-sensitive investment opportunity, or addressing a short-term cash flow gap, swift and smooth financial transactions are vital.
HFBS understands this urgency and has therefore designed a process that guarantees five-star speed and service.
The HFBS Speed Advantage.
At HFBS, we have engineered our process for maximum efficiency, with our key highlight being the impressive turnaround time. From the moment you get in touch with us with your bridging loan enquiry, it takes an average of only seven days to complete the funding process. And quite often, it’s even less than that!
Many traditional financial institutions can’t match this speed due to their lengthy and complex processes. At HFBS, however, we have a customer-centric approach that involves minimal paperwork and bureaucratic red tape, thereby facilitating quick decision-making and prompt funding.
Five-Star Service at HFBS.
Speed is a significant part of our value proposition, but it’s not the only thing that sets us apart. We believe that quality service is just as important as the quick turnaround time. HFBS strives to provide personalised, efficient, and hassle-free service to every client.
Our knowledgeable and approachable team is always ready to assist you in finding the most appropriate financial solution. We understand that every client’s needs are unique, and we dedicate ourselves to tailor our services to meet those specific needs.
Get In Touch.
If you’re seeking a fast and reliable bridging loan service, look no further. HFBS is here to offer you a service that blends speed, efficiency, and outstanding customer care.
You can get in touch with our dedicated team at 01724 86 55 77 or email us through the contact form on our website at https://hfbridging.co.uk/contact-us/.
We are ready to answer any questions you may have and guide you through our swift process. Don’t let the time constraint hold you back from achieving your funding goals. Choose HFBS, where service speed and satisfaction are our priorities.
At Holme Finance Bridging Solutions, we don’t just promise fast service; we deliver it. Join the HFBS family and experience the power of bridging funding done right!
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.
Exceeding Expectations: A Case Study of Rapid and Effective Property Financing
In the world of financial lending, every client brings a unique set of circumstances to the table. Tailoring financial solutions to meet these specific needs is where the real expertise and dedication of a lender shines through. This case study involves a client with a unique situation: a retired pub owner with a buy-to-let (BTL) property, and a plan that didn’t fit into the standard lending frameworks. What transpired was a testament to the ability of HFBS to provide efficient and personalised financial solutions.
The Client’s Challenge
Our client was a retired pub owner who had always had accommodation provided as part of his work. Upon retirement, he moved into rented accommodation, with the aim of giving notice to his tenant, refurbishing his BTL property, and selling it at a higher value. The proceeds from this sale would then be used to purchase a small retirement bungalow.
However, his unique situation posed several challenges. He wasn’t an owner-occupier, had no personal income. These factors made standard BTL finance unsuitable for his needs. He required a small amount of funding (£20,000) to refurbish his property and maximise its sale value.
Our Solution
Thanks to our reputation for flexible lending solutions, the introducing broker identified us as the perfect lender for this case. We received the case on a Friday afternoon and instantly approved the loan, dispatching the offer pack the same day. The client confirmed receipt of the pack on Monday and scheduled a representative visit for Tuesday morning.
We offered the client a deal at 1.75% per month over 12 months. The valuation of the property at £100,000 was validated by a desktop valuation, ensuring there were no upfront costs for the client. By Tuesday afternoon, the funds were disbursed, showing our commitment to providing quick and efficient financial solutions.
The Outcome
The tenant was given notice to quit, allowing refurbishment works to begin. The client was confident that the property sale would be achieved well within the 12-month term. This case study showcases our ability to provide rapid, tailored solutions even in complex scenarios.
We successfully bridged the gap between the client’s needs and the funding available, enabling him to move forward with his plans swiftly and efficiently. This result is a perfect example of our dedication to exceeding client expectations and delivering superior service in the lending industry.
Conclusion
Dan Yendall-Collings Senior Underwriter at HFBS commented: “This case study reaffirms our commitment to providing bespoke lending solutions. No matter how unique or challenging a client’s circumstances may be, we are dedicated to crafting a financial solution that meets their needs. This is made possible by our flexible approach, quick decision-making, and dedication to client service. Our ability to fund this case in just three days is a testament to the efficiency and effectiveness of our financial solutions. In the end, we were able to help the client progress with his plans and move closer to his dream of a comfortable retirement.
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.
Access Bridging Funding Regardless of Property Value.
Holme Finance Bridging Solutions is a leading provider of bridging advances for clients looking to secure short-term property financing. One of the unique features of our service is the fact that we offer bridging funds with no minimum valuation, which means clients can access funding regardless of the value of their property.
However, it’s important to note that Holme Finance Bridging Solutions may restrict the loan-to-value (LTV) ratio on lower value properties. This means that clients may be required to put down a higher deposit or provide additional security to secure the funding they need.
To keep our clients’ costs to a minimum, Holme Finance Bridging Solutions will consider a variety of valuation methods, including existing valuations, estate agent sales particulars, automated valuations, or our own visual inspection. This allows us to provide clients with a more efficient and cost-effective service, without compromising on the quality of funding.
Existing valuations are typically provided by professional surveyors or valuers and can provide an accurate assessment of the value of a property. Estate agent sales particulars can also provide a good indication of a property’s value, although they are typically less reliable than professional valuations.
Automated valuations, on the other hand, use sophisticated algorithms to calculate the value of a property based on a range of factors, including its location, size, and condition. While they can provide a quick and easy way to value a property, they are not always accurate and may not take into account specific features or issues with a property.
Finally, we may also conduct our own visual inspection of a property to assess its value. This can involve a site visit by a member of our expert team who will conduct a visual inspection of the property and take into account factors such as its location, condition, and any other relevant features.
Ian Broadbent, Managing Director at Holme Finance Bridging Solutions says: “We make it our business to provide a flexible and efficient service that is tailored to meet the individual needs of our clients. By offering bridging funding with no minimum valuation and considering a range of valuation methods, we are able to provide clients with a more cost-effective and convenient solution to their short-term financing needs.”
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.
Guaranteed Approval for Quick Bridging Loans: HFBS Has You Covered
In today’s fast-paced world, time is of the essence, especially when it comes to financial matters. If you’re in need of immediate funds for a real estate purchase or development project, a quick bridging loan can be an effective solution.
A quick bridging loan from HFBS are designed to provide fast access to funds, often within a matter of days, to help you meet your financial obligations and take advantage of time-sensitive opportunities.
One of the main advantages of a quick bridging loan is the speed at which you can obtain funds. Traditional lenders such as banks may take several weeks to approve a loan, but we offer a much faster turnaround time. This means you can quickly take advantage of an opportunity or resolve an urgent financial need without having to wait for a lengthy approval process.
Another advantage of a quick bridging loan is the flexibility. Unlike traditional loans, bridging loans can be customised to fit specific financial needs. They are typically secured against a property or asset currently owned or being purchased, which means that even if you have a poor credit history, we may still be able to approve you for a bridging loan.
No need to look any further, for a quick bridging loan HFBS are the go-to funder with the experience and hand-holding process to make it happen for you.
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.
