Get Funding Over the Line Before Christmas!

Secure Your Bridging Finance Before the Festive Break.

The countdown to Christmas is on, but there’s still time to complete your clients’ bridging finance deals before the holiday season!

HFBS is here to help you get deals over the line quickly and efficiently—often in just days.

Our last working day is Friday, December 20th, returning January 6th, so now’s the perfect time to act. Recent successful funding includes:

• £48,095 (Second charge) at 1.29% — Applied 21/10, paid out 01/11
• £157,355 (Two first charges) at 1.5% — Applied 28/10, paid out 01/11
• £52,795 (Second charge) at 1.1% — Applied 04/11, paid out 08/11

Our team is committed to making deals happen quickly, and we’re ready to support your funding needs before the Christmas break.

Don’t miss out—contact us today to start the process!

Start funding enquiry now.

Bridging Loan Secures Completion of Ambitious £1M Eco-House

HFBS recently provided a bridging loan to help complete a remarkable new-build eco-house project in rural Yorkshire. The client, who had embarked on a “Grand Designs” style venture, found themselves in financial difficulty partway through the construction.

The project was an ambitious circular timber structure featuring extensive glasswork, set in a scenic area of Yorkshire. The client had initially budgeted to see the build through to completion but soon encountered rising costs. Determined not to compromise on the quality and vision of the unique design, they continued progressing until funds ran out while finishing the high-spec interior.

At the point of needing additional funds, the structure was already watertight, but bespoke elements required to complete the interior, and the landscaping remained unfinished. The client, who had invested significantly into the project, estimated the final value to be close to £1 million, making it crucial to maintain the high standard of the build.

Their broker approached us for a net loan of £60,000 to allow the client to complete the project. Dan Yendall-Collings Senior Underwriter at HFBS said: “Given the property’s close proximity, just a 15-minute drive from our office, we visited the site to assess the potential in person. Recognising the substantial value already in place, we were confident in moving forward without a full valuation report.

HFBS offered the bridging loan at a highly competitive rate of 1.29% over 12 months, enabling the client to finalise the build, including landscaping, to maximise its appeal for a quick sale. This deal highlights HFBS commitment to supporting unique and high-value projects, ensuring ambitious builds like this reach their full potential.

HFBS Bridges the Finance Gap with a Last-Minute Loan

HFBS bridges the finance gap by saving property purchase with last-minute £110,000 Loan.

In a dramatic turn of events, HFBS came to the rescue of a property investor who found themselves in a precarious situation after committing to buy a property at auction under their limited company.

Despite having provisionally approved finance, the client faced unexpected hurdles that threatened to derail the purchase due to tight auction deadlines. The crisis unfolded when, after three weeks of attempting to finalise the deals, the client realised that the transaction would not be completed in time, risking the loss of the property and incurring substantial financial penalties.

With the clock ticking and just five days remaining to the deadline, the client sought the expertise of a broker who immediately turned to HFBS, known for their agility and reliability in such high-pressure situations.

Dan Yendall-Collings, Senior Underwriter comments: “Understanding the urgency, we sprang into action, proposing a solution to raise the required £110,000. Leveraging the client’s home equity, we were able to arrange a second charge on the property, enabling the investor to channel the funds into their limited company and secure the auction properties.”

The process, initiated on Monday with a looming Friday deadline, saw HFBS conduct a swift property valuation and dispatch an offer pack on the very first day. By Tuesday, HFBS representatives were on-site, finalising paperwork with the client. Upon receiving the valuation report and confirming the balance of the first mortgage on Thursday, HFBS promptly released the funds.

This rapid response allowed the client to inject the necessary capital into their limited company, successfully completing the property acquisition within the auction’s stringent timeframe. The loan, offered at a competitive rate of 1.15% over 12 months, has provided the client with a crucial lifeline, enabling them to navigate through this financial bottleneck.

The client now looks forward to refinancing the properties in the coming months, aiming to settle the director’s loan and repay HFBS, thus concluding a remarkable journey from potential disaster to successful acquisition. This case underscores HFBS’s commitment to providing flexible, timely financial solutions, reinforcing their position as a trusted partner in the bridging loan sector.