National Bridging Trends in line with BFS 60% Growth
National bridging lending has increased by 35% in 12 months, whilst Wirral-based Bridging Finance Solutions has seen its lending increase by 60% during the same period. The latest figures reveal that short term lenders are providing more than £2.7bn of finance, up from just over £2bn in April 2014, which is a huge increase compared […]
Using Bridging Finance to Settle Inheritance Tax Bills
The versatility of bridging is gaining recognition with many turning to short term borrowing to overcome issues or obstacles surrounding matters of probate. Increasingly, homeowners (through probate) are using bridging to settle inheritance tax bills or release funds earlier from a pending sale, often to make improvements prior to sale, and enabling a maximizing of […]
What To Look For From A Bridging Provider
Bridging finance can often be the perfect short term solution, enabling a project to come to fruition or allowing borrowers to overcome an obstacle, however, time should be spent prior researching and considering a series of factors that will help realise a successful deal. Steve Barber discusses: “Understanding the deal that is being proposed and […]
Spring Has Sprung With An Increase in Bridging Finance Deals
Bridging Finance Solutions has reported a steep upturn in enquiries following the Easter break and welcome return of Spring. Enquiries have doubled compared to the week prior to Easter with potential customers from across the country eyeing residential and commercial projects. The year to date has been busier than any previous year for the Wirral […]
Lower Value Lending Pays Off At BFS
As bridging demand increases, Bridging Finance Solutions continues to commit to the lower value market, offering bridging loans from £25,000. This move remains in stark contrast to many bridging providers, who stipulate a minimum £100,000 value loan whilst others start at £200,000. Identical levels of due diligence, time, effort and work is needed to arrange a […]
Record Borrowing Signals Strong Start to 2015 for BFS
Wirral-based Bridging Finance Solutions has announced its strongest year to date for 2014, in terms of deals secured and level of borrowing. During mid-December, traditionally a quiet time for the firm and general sector, a figure of £2.5m lending was completed within a two week period. Steve Barber, managing director of Bridging Finance Solutions said: […]
Lancashire Developer Seals Development Finance Deal with BFS
Ribble Valley based developers, Whalley Developments Ltd, are set to begin work on a luxury four bed detached house, with funding secured through a bridging finance package. The site at Elker Croft on Whalley Road in Billington is now full steam ahead as a £285,000 loan has been secured through Bridging Finance Solutions. The firm […]
BFS Take a Stand at Merseyside Landlords & Property Show
Bridging Finance Solutions will be setting up stall at this year’s Merseyside Landlords and Property Show. The Wirral based firm will have a team of experts on hand to discuss the issues surrounding bridging as well as specific schemes and potential bridging finance opportunities. The Landlords and Property Show 2014 is Merseyside’s only specialist landlord […]
Bridging Finance Solutions Sees Rise in Half Lending for SME’s
Whilst property transactions continue to be the bread and butter of bridging lenders, reduced liquidity in the banking sector due to the economic downturn has led SMEs and entrepreneurs to turn to bridging for other reasons. In the past six months, Bridging Finance Solutions seen a national increase of 53 per cent in lending to companies and […]
BFS Report 28% Increase in Merseyside Lending
Wirral-based Bridging Finance Solutions has reported a 28% increase in lending to Merseyside customers during the past six months. Steve Barber, Managing Director of Bridging Finance Solutions said: “Whilst UK-wide we’ve seen more movement within the property market during the past 12 months, we’ve experienced more enquiries and lending in Merseyside than ever before. Our […]
