HFBS Hits the Road to Complete Urgent Bridging Loan

When a property developer needed an urgent bridging loan to complete his London project, HFBS didn’t just pick up the phone—they hit the road. In a race against the clock, HFBS completed a round-trip of several hours to meet the client in person, ensuring the deal was completed on time. Their quick thinking, decisive action, and commitment to finding a solution made all the difference, delivering the funds in just five days to meet a tight deadline despite complex circumstances.

The property developer, engaged in a London-based development, had previously secured a small second charge bridging loan against his home address to finance the project. However, the development faced unexpected delays and cost overruns, leaving it incomplete and unsellable.

To complicate matters, the existing lender, who the client had been negotiating with, had initially indicated that they might offer further funding and an extension. However, just days before the loan was due for repayment on March 28th, the lender withdrew their support leaving the client scrambling to secure £85,000. The client urgently needed this sum to clear the outstanding balance and secure an additional £50,000 to complete the project.

Contacted via a broker on March 24th, HFBS acted immediately to approve the deal, send out the full offer pack, and instruct a valuation on the same day. By March 25th, they had gathered essential information from the previous lender and the first mortgagee. The valuation took place on March 26th, with the report arriving the next day.

HFBS made significant efforts to ensure the client’s paperwork was completed on time, including traveling to the client’s home in Norfolk to facilitate the signing of the legal charge on March 27th. The completed pack was returned to the office and the advance released on March 28th, meeting the lender’s deadline and avoiding costly default fees.

Dan Yendall-Collings, Senior Underwriter at HFBS, commented: “We understand things don’t always go to plan. In this case, the client had overrun on both time and budget, but the deal still made sense, so we were happy to jump in and provide an opportunity to get the whole thing completed enabling him to realise the equity and profit in the development deal. We couldn’t secure on the development project as it was owned in the name of his limited company, but we could raise him the funds as a second charge on his home address with the purpose of funds being for business use.”

A fast, efficient solution thanks to HFBS’s decisive actions and commitment to client service, the bridging loan was completed on time. The developer is now able to complete the project and realise the profit on the property’s eventual sale. The £85,000 second charge bridge following a £60,000 first mortgage against a valuation of £250,000 was offered at a rate of 1.29% over 12 months.

HFBS’s ability to respond rapidly and decisively, even in complex and time-sensitive cases, sets it apart from other bridging lenders. When faced with unexpected challenges, HFBS rises to the occasion, helping clients find a way forward.

Your Flexible Finance Partner – Making Bridging Easy!

Why jump through hoops when you don’t have to? When it comes to bridging finance, speed and flexibility are essential. 

HFBS offers:

🔄 No solicitor involvement in most cases

📄 In-house issue of documents and legal completion

🚫 No default rates Partner with us and see the difference!

That’s why brokers turn to Holme Finance Bridging Solutions (HFBS) – the finance partner that makes things simple.

HFBS understands that time is money, which is why they’ve cut out the unnecessary steps that slow things down. In most cases, there’s no need for solicitor involvement, thanks to their streamlined process. 

Instead, HFBS handles everything in-house – from issuing documents to completing the legal process – saving you time, hassle, and cost.

And the good news doesn’t stop there! With HFBS, there are no default rates to worry about. It’s just straightforward, reliable finance designed with brokers in mind.

If you’re ready to experience the difference that flexibility makes, get in touch with HFBS today!

Bridging Loan to Revitalise Blackpool Property

HFBS has approved a swift bridging loan of £30,000 to help a property owner complete the refurbishment of a semi-detached house in Blackpool. 

Originally purchased three years ago and divided into four flats, the property has seen significant transformation—three of its flats are either already renovated or nearing readiness for letting, while the fourth remains in a derelict state.

The owner, who has personally renovated one flat for her own occupation, has been steadily working on the other units over recent years. With two of the additional flats almost ready to be let out, the remaining under-renovation space was beginning to detract from the overall appeal of the property during tenant viewings. Needing to ensure the entire building met a uniform high standard, she turned to HFBS for a timely cash injection.

The approved loan, secured as a first charge on the freehold block, was offered at an attractive rate of 1.69% over a 12‑month term. Notably, HFBS streamlined the process by forgoing the need for a full valuation, instead basing the decision on the original purchase price and a physical inspection at the time of signing. This approach allowed the funding to be provided within just 24 hours, ensuring that work on the final flat could commence without delay.

With this strategic financing in place, the owner’s plan is to continue occupying one flat while letting out the remaining three. A remortgage is already on the horizon, aimed at clearing the bridging loan account as soon as possible. This development not only boosts the property’s market appeal but also underscores HFBS’s commitment to supporting innovative property renovation projects that rejuvenate local communities.

Dan Yendall-Collings, Senior Underwriter at HFBS said: “We are proud to offer flexible and prompt financing solutions that empower property owners to realise their vision. This bridging loan is a testament to our dedication in supporting these efforts.”

HFBS Delivers Swift Bridging Loan to Support Investor’s Stress-Free Retirement

Holme Finance Bridging Solutions (HFBS) has once again demonstrated its fast, flexible, and common-sense approach to lending, advancing a £20,000 bridging loan in record time—without the need for a valuation.

The client, an experienced investor, had a vacant investment property on the market for £320,000, with just £150,000 outstanding on the first mortgage. However, with cash flow tightening ahead of the sale, they needed a short-term funding boost to bridge the gap until completion.

Rather than facing lengthy delays with mainstream lenders, HFBS stepped in with a swift and tailored solution. Dan Yendall-Collings, Senior Underwriter at HFBS said: “We understand that traditional lenders often overcomplicate short-term borrowing, especially, as in this case, if there is evidence of a shaky credit history. However, we always take a pragmatic approach. If the deal makes sense, we make it happen—fast!” 

HFBS were able to advance a net loan of £20,000 at competitive rate of 1.95% over 12 months without the need for a valuation. The proceeds from the property sale will clear the outstanding debts and assist the client to transition into a stress-free retirement.

HFBS Completes £50,000 Bridging Loan in Just Four Days

Holme Finance Bridging Solutions (HFBS) has once again demonstrated its industry-leading speed and efficiency, completing a £50,000 second charge bridging loan within just four days.

On the first Monday back in the New Year, a previous client approached HFBS with an urgent request for funding to support their business cash flow. Having successfully repaid a similar loan a year earlier, the client trusted HFBS to deliver a swift solution.

Leveraging their prior relationship and existing valuation evidence from the previous deal, HFBS quickly sprang into action:

Day 1 (Monday): The offer pack was prepared and sent out immediately after the application was received.

Day 2 (Tuesday): The client confirmed receipt of the documents and committed to proceeding.

Day 3 (Wednesday): HFBS conducted a visit to finalise and collect the signed paperwork.

Day 4 (Thursday): A ‘speak-with’ security call was completed in the morning, and funds were released by the afternoon.

The loan was secured as a second charge on the client’s home address, with a competitive interest rate of 1.39% over a 12-month term.

Although the client contacted HFBS directly, the company ensured that the original broker was kept in the loop and received their commission. This proactive measure highlights HFBS’s commitment to fostering strong, long-term partnerships with brokers, even when clients engage directly.

The client praised HFBS for their rapid and seamless handling of the loan, enabling them to secure the necessary funds without delays. Meanwhile, the broker expressed gratitude for being included in the process and receiving their due commission, cementing HFBS’s reputation as a broker-first lender.

“Dan Yendall-Collings, Senior Underwriter at HFBS said: “This latest deal is a testament to HFBS’s ability to act decisively, relying on strong client relationships, efficient internal processes, and an unwavering commitment to delivering results. Completing a deal of this nature in just four days demonstrates why we remain a trusted choice for fast, flexible bridging finance.”

For more information on how our bridging loans can help, and to see how we can tailor a loan to your specific needs, get in touch with the HFBS team today.

Holme Finance Bridging Solutions: Specialists in Small Loans – No Loan Too Small!

At Holme Finance Bridging Solutions we pride ourselves on our ability to meet the needs of clients with flexibility and precision. Recently, we completed and approved two new small bridging loans—£52,775 and £66,595—helping individuals navigate financial challenges with ease and efficiency.

Our expertise in offering tailored solutions for smaller loan requirements sets us apart in the market. While many lenders focus on larger sums, we’re committed to ensuring that clients only borrow what they need, making us specialists in smaller advances. In fact, our bridging loans start from as little as £5,000 going up to £300,000.

These recent approvals highlight our willingness to support clients who need a quick, accessible financial solution, whether it’s for completing home projects, covering unforeseen costs, or managing cash flow gaps. Both loans reflect the trust that brokers and clients place in HFBS to deliver fast and reliable support, allowing projects to continue moving forward without delay.

We understand that not every project requires a large loan, which is why we’ve built our reputation around flexibility, making sure that even smaller advances come with competitive rates and a smooth approval process. Our goal is to offer clients exactly what they need, no more, no less, so they can confidently reach their goals.

For more information on how our bridging loans can help, and to see how we can tailor a loan to your specific needs, get in touch with the HFBS team today.

Now Offering Loans Up to £250,000, with £300,000 Available for Select Deals

Effective immediately, HFBS is now offering loans of up to £250,000, with the possibility of increasing this to £300,000 for the right deals. This increase in funding capabilities allows brokers to access larger amounts more easily, providing critical support to clients needing fast and flexible financial solutions.

Ian Broadbent, Managing Director at HFBS say: “We are excited to announce this significant update. Thanks to the fresh availability of private funds, we have lifted the temporary cap on our maximum loan advances, allowing us to offer even greater flexibility to brokers and their clients.”

As always, HFBS remains entirely privately funded, providing the advantage of instant decision-making without the delays associated with institutional processes. The HFBS team takes pride in offering the fastest completions in the industry, ensuring clients can access the funds they need as quickly as possible.

“We’ve built our reputation on providing legendary service, and this new loan availability means we’re in an even better position to support brokers and their clients. Whether it’s a straightforward deal or something a little more complex, our experts are ready to assist.”

For brokers looking to secure bridging loans quickly and efficiently, this announcement is welcome news. With HFBS’s expanded loan offerings and continued commitment to fast service, brokers can offer their clients higher loan amounts and the confidence that their deal will be handled with the utmost professionalism and speed.

For more information or to discuss your specific needs, reach out to Dan, Alasdair, or Ian 01724 86 55 77.

HFBS Approves £30,000 Bridging Loan

Holme Finance Bridging Solutions Approves £30,000 Bridging Loan for Tyre Fitting Business Owner’s Property Renovation

Holme Finance Bridging Solutions (HFBS) has successfully approved a £30,000 bridging loan for a client looking to enhance the sale value of their commercial property.

The property, valued at £100,000 in its current state, served as storage for the client’s tyre-fitting business. With retirement on the horizon, the client sought to renovate the property and prepare it for sale at an optimal price.

The client’s primary goal was to carry out essential repairs and maintenance, including a new roof installation, electric roller shutters, internal painting, and repairing the hard-standing area at the rear of the property. These improvements were projected to increase the property’s market value to £150,000, making the investment highly worthwhile.

The approved loan enabled the client to fund the works swiftly. HFBS lent the funds at a competitive rate of 1.95%, using the property’s current valuation to underwrite the deal. With the loan secured and funding lined up within a week, the client was able to commence renovations immediately.

Dan Yendall-Collings, Senior underwriter said: “We were more than willing to look at the proposed deal and back it. The uplift in the property’s value not only makes this deal worthwhile but also increases its desirability for potential buyers, with the aim of achieving a faster sale. Win, win all round”

This successful approval highlights the flexibility and speed with which HFBS can provide tailored financial solutions, helping clients unlock value in their property assets and achieve their long-term goals.

HFBS Champions Bridging Finance Offering Unmatched Flexibility and Low Rates

In the dynamic and often unpredictable world of finance, having access to quick, temporary funding can be the difference between success and financial struggle. Holme Finance Bridging Solutions (HFBS), a pioneering company with over 40 years of experience in the industry, is helping individuals and businesses navigate these challenges by providing versatile and highly effective bridging finance solutions.

Bridging finance has emerged as a powerful financial tool, offering immediate funding for those in need of short-term solutions. HFBS stands out as a leader in this space by offering one of the lowest second mortgage rates in the bridging finance market, starting at just 0.95% per month. With advances starting from as little as £5,000, HFBS is uniquely positioned to serve a wide range of clients, from property investors to homeowners and small businesses.

HFBS’s approach to bridging finance is marked by unparalleled flexibility. Unlike many lenders that are bound by strict guidelines and bank mandates, HFBS offers privately funded loans with no solicitor involvement and no minimum valuation. This means that loans are processed with remarkable speed and efficiency, a critical advantage in situations where timing is everything.

“HFBS has complete authority over our lending decisions, which allows us to tailor our services to the unique needs of each client,” said Ian Broadbent, Managing Director of HFBS. “We have no fixed rules, no default rates, and our loans are entirely privately funded, giving us the agility to provide solutions where others may not.”

This level of flexibility is a rarity in the market, making HFBS a standout choice for those who require fast and reliable financial solutions. Whether it’s to bridge the gap between property transactions, cover urgent expenses, or navigate unexpected financial hurdles, HFBS delivers the support their clients need—without the usual roadblocks associated with traditional lenders.

HFBS’s commitment to serving their clients with innovative and accessible financial solutions continues to set them apart. With their highly competitive rates, a track record of over 40 years, and a deep understanding of the market, they remain a trusted partner for those seeking short-term funding.

For anyone in need of bridging finance, HFBS not only offers a lifeline but a strategic advantage in navigating financial complexities.

Contact the team to enquire

A Lifeline for Motorhome Purchase Amid Property Sale Delay

In the fast-paced world of financial solutions, bridging finance stands out as a versatile and effective tool, providing temporary funding to individuals and businesses in times of need. A recent case illustrates this perfectly: a client who successfully secured a £30,000 net loan to purchase a motorhome in time for the summer break, despite an unexpected hiccup in the sale of his investment property.

The client had been eagerly looking forward to the summer, planning to enjoy it in a new motorhome. With a property on the market and a sale already agreed upon, he confidently committed to purchasing the motorhome by paying a non-refundable deposit. This was an exciting step, especially since he had already sold his old motorhome to make plans for an adventurous tour.

However, just as he was ready to move forward, the sale of his investment property fell through at the last minute. This unexpected setback posed a significant challenge, as the client needed the funds from the property sale to complete the motorhome purchase. Despite the setback, he remained optimistic, believing that a new sale could be agreed upon quickly, given the high demand for properties in that area. But time was of the essence, and he couldn’t afford to let his summer plans fall apart.

Faced with this urgent need for funds and lacking the income for unsecured term borrowing, bridging finance from HFBS emerged as the ideal solution.

The client’s investment property, which was vacant and, on the market, had a value well in excess of £100,000. This allowed HFBS to approve the loan without requiring a full valuation. The deal was approved at an attractive rate of 1.39%, with a roll-up of interest agreed for up to 12 months. This flexible arrangement provided the client with the financial breathing room he needed, although he anticipated repaying the loan much sooner once the property was sold.

One of the remarkable aspects of this bridging finance deal was the speed at which it was executed. Understanding the urgency of the client’s situation, HFBS worked efficiently to disburse the loan. From application to payout, the entire process was completed in just four days, ensuring the client could proceed with his motorhome purchase without further delay.

Dan Yendall-Collings, Senior Underwriter at HFBS said: “While not a typical reason for borrowing on a bridging loan, this case exemplifies the versatility and efficacy of bridging finance in addressing unique and urgent financial needs. The client’s successful acquisition of the motorhome in time for the summer highlights how bridging loans can provide a crucial lifeline, enabling individuals to overcome temporary setbacks and achieve their goals. For anyone facing similar situations, this case underscores the importance of considering bridging finance as a viable and swift solution to short-term funding challenges.”

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.