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 […]
BFS Say Yes to Expat Lending
BFS has completed an overseas short term financing deal, supporting an ex-pat client in reaching his Dubai property goals. The client, an expat living in Dubai, approached BFS to provide a regulated bridging facility secured against a UK rental property. The bridging loan would be used to raise the deposit for a new residential purchase […]
Rescuing the investment
Bridging Finance Solutions has once again supported a client in realising their property aspirations with their latest short term lending deal. A client in Manchester was keen to purchase an apartment in the city but was undecided on how to register the property, be it in a personal or limited company name. These delays […]
BFS support yet another first time developer!
Bridging Finance Solutions has once again shown its support and commitment to the first-time developer, with its latest short-term finance deal. A seasoned builder, this was the client’s first steps into the world of development. The client had acquired a large plot on the edge of the Brecon Beacons in South Wales, dividing the […]
Flexible finance
Bridging Finance Solutions has finalised a £1.174million bridging finance deal with a client keen to consolidate debt ahead of a refinancing agreement on completion of a property. The client approached BFS to discuss a loan that would cover repayment of a number of unpaid debts in excess of £1million. Using the property in leafy Blundellsands, […]
