How Short Term Finance Can Compliment Traditional Funding
Bridging Finance is increasingly being used by both individuals and businesses as a short term solution that complements and supports traditional long term lending. Lee Gilmore is a Business Development Consultant with Bridging Finance Solutions and has 21 years previous experience of Commercial and Corporate Banking. He discusses the growing trend in use of bridging […]
A New Audience With An Appetite For Bridging
As Bridging Finance Solutions continues along its pathway of continued growth and expansion, the firm begins to explore where new customer groups lay in terms of a wider demographic. John Hardman, Head of Sales at Bridging Finance Solutions considers the facts, reviewing trends across 2017 for BFS, and determines what makes a ‘typical bridging customer’: […]
Unlock Funds Trapped in Probate with Short Term Finance
Bridging loans are incredibly flexible and may be put to a variety of uses including resolving probate issues when concluding a will. When a will is presented between various parties, it can throw up financial hurdles. There are numerous benefits to be gained by fast tracking the settlement process and using a short term finance […]
The Key Factors Affecting the Bridging Sector Over The Next Twelve Months
The bridging industry is maturing and is a growing industry for those looking to access fast finance. Steve Barber, Managing Director of Bridging Finance Solutions discusses the key factors affecting the bridging sector for the following 12 months and considers the changes ahead. He commented: “A low interest rate environment has had the most significant […]
North and South – A Narrowing Gap?
Bridging Finance Solutions has been funding property development, conversions and refurbishments in the North for the past decade. A geographically specific market, predications suggest that house prices in the North of England will rise significantly during the next five years and the firm is therefore expecting a particularly buoyant market. BFS Managing Director, Steve Barber […]
What Impact Will Brexit Have on the UK Property Market?
Ahead of the vote, the Treasury voiced dire warnings of prices plunging by up to 18 per cent while price indices from lenders Halifax and Nationwide registered slowdowns in the rate that house prices are growing. For example, the Halifax index for April reveals the smallest quarterly and annual increase for five months. The lender’s […]
The Great North South Housing Divide
The difference between average house prices in the North and South of England is now £163,000, according to a report by a UK building society. That’s almost as much as cost of the average British home. Nationwide said that “prices in the North are now less than half those in the South, a record low.” Will the North […]
Combating Fraud in the Specialist Lending Market
Head of Underwriting at Bridging Finance Solutions, Rachel Davies, responds to the following question regarding fraud in the specialist lending marketplace: Is fraud a growing concern? What changes have businesses in the specialist lending market introduced in the last 12 months to combat fraud? “Yes, fraud is a growing concern for all lenders, as fraudsters develop […]
Close the HMRC Gap Using Bridging Finance
Whilst traditionally, bridging lending has been associated with property acquisitions, an increasing number of people are turning to bridging as a way of managing other short-term solvency issues. Bridging Finance Solutions are seeing an increasing number of customers using bridging to raise immediate cash flow, using property as security for the funds. Jeanette Gwatkin of […]
Bridging Finance in a Changing Market
The bridging industry is maturing and is a growing industry for those looking to access fast finance. Steve Barber, Managing Director of Bridging Finance Solutions discusses the key factors affecting the bridging finance sector for the following 12 months and considers the changes ahead. He commented: “A low interest rate environment has had the most […]
