Building a Families’ Future
Grandparents developing and building a new home for their three grandchildren have welcomed the support of a BFS development loan to enable them to complete the build. The clients are redeveloping a former barn in Wrexham, North Wales and had begun work when they approached the short- term finance specialist in order to complete […]
BFS Team Get Festive for Local Charities
The Bridging Finance Solutions team are digging deep with charitable endeavours this year, supporting local charities, The Hive, and Wirral foodbank. BFS has forged a long term partnership with the Hive having funded a full time Mentor Co-ordinator for the past two years, as well as support and sponsorship throughout the year. Members of […]
Bridging Finance Solutions Reacts to the Budget
Steve Barber, Managing Director of Bridging Finance Solutions, reacts to this year’s budget: “There are undoubtedly several key announcements that will support and indeed bolster the continued recovery of the property market. “The extension of stamp duty will prolong the recovery of property prices as well as maintaining market activity. A combination of this stimulus, […]
Take a closer look at Property Development Finance
Development finance loans are provided primarily for clients who are building houses out of the ground, be that a single property or multiple units. This form of finance can also be used for large extensions or heavy refurbishment where releasing funds gradually in tranches makes economic sense for an applicant on a regulated and non-regulated […]
Video: Sailing a Steady Ship Through Covid-19
A calm and honest look at what BFS is doing to sail a steady ship through the current crisis, how we’re supporting existing and new clients, and what our predictions are for the property sector when things start to settle down. Remember, we are here to #makeithappen so do get in touch if you need […]
Express Guide to Property Development Finance with BFS
Property Development Finance deals can be challenging and complex in terms of planning and infrastructure. There are multiple elements/parties to consider when planning a development finance scheme – by being aware of all of the necessary components beforehand, and with the right professional support, your deal has a strong chance of success! Initial enquiry When […]
Small Businesses and SME’s Embracing Bridging Finance
The heady combination of the credit crunch and recession has undoubtedly redefined the ways that banks conduct their lending, typically focusing on larger sums and blue-chip clients and often neglecting the needs of SME’s and small businesses. This leaves a huge percentage of the marketplace looking for alternative and sound lending, a key factor cited […]
Review of Northern Bridging Finance Market Q1 2019
Over the last quarter, there has undoubtedly been an increase in property developers electing to retain properties at the end of a refurbishment project rather than selling on. This may be a sign that additional costs such as the 3% stamp duty surcharge are a turn off for investors. As such, investors are choosing to re-finance […]
Review of Northern Bridging Finance Market Q4 2018
The industry continues to show sustained growth with numbers of transactions and overall deal sizes slightly up compared to the same period last year. Quarter 4 typically sees a number of ‘urgent’ cases where completion is required before year end. This can prove problematic when trying to arrange valuations and liaise with lawyers. Our experience […]
The Rise of Bridging Finance
It is estimated that the short-term bridging market is now worth an estimated £3 billion annually. This sector has seen sustained growth for a number of years now as it becomes a mainstream source of funding that can be arranged for an ever-growing number of purposes In 2018 the North of England and Midlands continued […]
