The Pros and Cons of Bridging Loans
A bridging loan offers a bridge between short-term financial needs and longer-term goals. There is a common misconception that bridging loans can only be used to attain property, but that is not the case. Bridging loans can be used in various situations where you may need additional financial support. At Bridging Finance Solutions, we believe […]
Regulated Bridging Loans at Bridging Finance
If you are looking to purchase an investment property or are selling your home in preparation for purchasing a new one, you may need financial support. A mortgage will give you the financial support to purchase your property. However, applying for a loan comes with long acceptance waiting periods, a decades-long commitment to the bank, […]
Bridging Loans FAQs
If you have encountered this article, you are likely strongly considering applying for a bridging loan. At Bridging Finance Solutions, we believe in full transparency with all our clients. Bridging loans offer an effective solution for those needing a short-term financial gap. It can seem complicated compared to a standard loan, but that is far […]
A Guide to Bridging Loans at Bridging Finance Solutions
A bridging loan can be an excellent choice when you are in the process of buying a new property or require immediate access to extra funds. This type of loan can provide a flexible and effective solution in a wide range of situations, offering a bridge between short-term financial needs and longer-term goals. For example, […]
Work Kicks Off At BFS HQ As Team Expands
Work has begun on the £2 million redevelopment of Bridging Finance Solutions head office in Wallasey Wirral as the team continues to expand with two new Business Development Managers. The short term lender will retain its original site, having purchased, demolished and now developing adjacent properties whilst reconfiguring existing buildings. BFS now employs a team […]
Fast Bridging Finance at Its Best
BFS has completed yet another deal in Scotland in what advisers describe as, ‘the original purpose of bridging’. In this case, the clients longed-for property came onto the market, however, their property had not yet sold and with pressure on from other interested parties, time was of the essence. Andy Greenhalgh of BFS explained: “This […]
Kickstart Your Buy to Let Portfolio
BFS has supported yet another Scottish client, providing a short term bridging loan of £70,000. The client was keen to kickstart a buy to let portfolio with his first purchase, a terrace property in West Calder, bought at auction. Auction rules require full payment within 28 days of the purchase and where funds aren’t immediately […]
A Profitable Extension
Bridging Finance Solutions (BFS) has finalised a bridging loan for developers who are transforming a three-bed bungalow into a stunning two-storey four-bed home in Harrogate. The client had begun the conversion in 2019, however, works stopped abruptly due to Covid. Attempts to sell the scheme partially complete led to considerably reduced offers, and a […]
BFS build momentum North of the border
The ongoing expansion of Bridging Finance Solutions (BFS) continues as the specialist lender makes its mark on the Scottish market. The FCA regulated firm is seeing strong uptake of its bridging loans across Scotland. Lee Gilmore of BFS commented: “There are very few regulated lenders in Scotland. At BFS, we manually underwrite all […]
Client Needed Funds in Ten Days!
BFS prides itself on its expertise and ability to complete projects within the most challenging of timeframes, as was the case with this latest deal. BFS’s Adam Wolstenholme was contacted by a new broker client with an urgent loan application that required a completion within 10 days. The application was reviewed within 30 minutes […]
