BFS development loan sees another scheme complete for Wirral housebuilder
Bridging Finance Solutions has confirmed a £1.1million loan to a developer who is currently approaching completion of a six-home scheme in Moreton, Wirral. The client had identified a derelict site, formerly used for commercial purposes, recognising the scope to create several homes subject to planning. Funding was needed to support the construction costs, and he […]
High value bridging loan settles Inheritance Tax debt
A mother and son client has secured a £ 1.1 million bridging loan to settle an outstanding Inheritance Tax bill through Bridging Finance Solutions. The client and her son resided on the property, which had been originally owned by their grandfather. Following his passing, our client inherited the property and, with it, a very large The […]
Bank of Mum and Dad
Bank of Mum and Dad comes to the rescue as a BFS bridge helps the daughter first step onto the property ladder. Parents of an aspiring homeowner have secured a bridging loan with BFS to provide a deposit for their daughter’s new home. Clients, Mr and Mrs Nickell’s home was valued at £1.2 million, and […]
BFS record best ever monthly performance in 16 year history
Short-term finance property lender, Bridging Finance Solutions, has recorded its strongest monthly financial performance ever in May this year, doubling projected targets, on its way to £30m in completions. The Wirral-based lender, now in its 16th year of business, has grown steadily year on year and is on target to significantly surpass financial expectations as […]
BFS represents North in national specialist lending awards
Bridging Finance Solutions are finalists in two categories as part of the coveted national Specialist Finance Introducer Awards. The Wirral-based firm is the only Northern business to make the grade, competing against much larger, national Southern lenders. BFS, which caters for the smaller independent developer, has successfully funded multiple developments throughout the UK from £200k […]
Development with Green Belt Views
The journey and partnership of a development loan start right at the beginning of a project, and the experts at BFS are there to support their client throughout the journey, as was the case with this scheme in West Lancashire. The client was planning to build two four-bed detached properties with views over green belt […]
BFS Welcome Back Industry Expo
Bridging Finance Solutions has taken part in its first industry exhibition of 2022, marking a huge welcome back to tradeshows and networking. MBE North, Mortgage Business Expo’s event in the North West, was held recently in Manchester Central and saw representatives from across the industry attend and participate. A team from BFS’s head office in […]
An Age Old Issue
A retired client was keen to sell his North London terraced property for maximum value, requiring short term funds to modernise and move on. The three bedroom mid-terrace dwelling had fallen into a state of disrepair, however, due to his age, the client was unable to secure main stream funding, essential to make the necessary […]
Under The Hammer
A savvy investor has utilised bridging finance to fund his auction purchase, finalising the balance with the standard 28 day to pay time frame. The client purchased a farmhouse at auction in Taunton and was inevitably unable to secure main stream lending within the limited time frame. With proactive planning already in place, the client’s […]
BFS Builds Further On National Growth Programme
Short term lender, Bridging Finance Solutions, continues to grow and strengthen its operation, having doubled lending in the past year alone. During 2021, BFS completed in excess of £25million in bridging and development loans across the UK, and is set to extend this by a further 20% in 2022, taking this to £30million in this […]
