BFS Named in Top National Finance Awards
Bridging Finance Solutions has been shortlisted in the NACFB’s National Patron awards under the ‘Short Term Lender of the Year’ category. The National Association of Commercial Finance Brokers (NACFB) is the UK’s largest independent trade body for commercial finance brokers and the awards are recognised as a key event in the industry calendar. Whilst COVID […]
BFS supports development partners in luxury house build
A group of friends and developers have joined forces to create a stunning five bedroom home in Wirral, using a development loan from Bridging Finance Solutions to help finance the project. The land was purchased with the support of BFS who provided 60% of the cost. The construction costs were built into the remainder of […]
BFS Seals Deal on Bridging Loan in Five Days
Bridging Finance Solutions has supported a local developer, providing bridging funding following an auction purchase, in a fast tracked five days. The developer had acquired a three-storey semi-detached property in Wirral. With a provisional mortgage already in place, the client was experiencing ongoing delays and it soon became apparent that the mortgage may not be […]
First time developers boost pension with housing scheme
Bridging Finance Solutions has agreed to fund a new build project with first time developers, both of whom are approaching retirement. The husband and wife team had secured planning for six two-bedroom houses on the site of a self-owned car park in Leicestershire and were keen to develop the homes and sell on, boosting their pension […]
Bridging Finance Solutions Adds Weight to North West team
Bridging Finance Solutions (BFS) has announced the appointment of Damian Davies as Business Development Manager in the North West. Damian joins the team with a strong and varied background in the industry having worked with RBS for almost 20 years where he was named, ‘Top Business Relations Manager’. His work with SME’s during this time, […]
A Family Affair
Bridging Finance Solutions has completed a quadruple development finance loan on a single site in the Midlands for £1.5milllion. The client had purchased a large site adjacent to their home, using a business a loan. Planning permission was secured for four properties at the site, in turn significantly increasing the value of the land. Two […]
Bridging – the North South Divide, August 2020
Bridging Finance Solutions’ Head of Sales, John Hardman, reflects on the trends and changes in the bridging market during Covid-19 with a focus on the great North-South divide… “In general terms, I believe that the biggest impact of Covid-19 has been on the choice of lenders available in this market. Undoubtedly the number has reduced […]
Funding Against The Odds
Bridging Finance Solutions has once again reaffirmed its flexible and agile approach to lending through its latest development finance loan. A first time client had purchased a former farmhouse in Barnsley, Yorkshire, with three long term friends, splitting the site into eight comprising four large and four smaller plots. Together the group commissioned all utilities […]
BFS Supports First Time Developer With Ambitious Farmhouse Project
Bridging Finance Solutions (BFS) has once again demonstrated its support to a fledgling developer, providing a £350,000 loan to a private client in Lancashire. The aspiring developer, a successful business owner, was keen to explore opportunities within the wider property industry and acquired two adjoining farmhouses in the picturesque village of Bacup, Lancashire. Her plan was […]
A Holy Renovation of Former Chapel
The conversion of a former chapel required extensive internal structural works to transform it into a modern living space, with the developer securing a bridging loan from BFS to complete the scheme. The client had purchased the property for £115,000 with plans to re-develop the vast building for use as his own home. Under the […]
