Development loans ramp up in Merseyside for BFS
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Bridging Finance Solutions has revealed a significant upturn in development loans within Merseyside with over £12m of funding agreed in the past three months. BFS continues to focus on the smaller to medium size developer with loans typically ranging in size from £100,000 to £4million. Amongst deals recently completed are four luxury detached homes in […]
Bridging in Scotland underway for BFS
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The leading short term finance specialist launched into Scotland earlier this year and has been making huge strides, developing a growing foothold in this part of the UK. In this first case, the client had purchased the property in Edinburgh, a former duplex that had since been made into two flats, and was keen […]
New beginnings
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A husband and wife team have secured a £910,000 bridging loan from BFS to build their dream home. In September 2017, the clients had purchased a dilapidated bungalow for £550,000 without planning permission in place, using money borrowed from family. In September 2020, the clients released equity using a bridging loan to repay family, however, […]
BFS Scale-up as expansion continues
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Bridging Finance Solutions has revealed plans to expand into Scotland as part of the national specialist lender’s ongoing development plans. The Wirral-based firm, whose growth has averaged a rate of 30% for the past five consecutive years, is now making bold moves into Scotland, forging partnerships and developing relationships with brokers to offer short-term […]
Triple BDM appointments for BFS
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The growth and expansion of Bridging Finance Solutions continues with the national specialist lending firm this week announcing three new key appointments. Debbie Range, Adam Bluma and Andy Greenhalgh, join the growing Business Development Team as Managers, each with a national remit. Adam brings a decade’s worth of experience in banking, having worked with NatWest […]
Bridging isn’t always complicated and often can be a simple fix
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Bridging isn’t always complicated and often can be a simple fix . BFS has agreed to provide a £287,000 bridging loan to a client keen to secure his dream four bed detached home in Merseyside. The client had secured a mortgage with a high street lender, however, the deal fell apart at the last hurdle […]
At home in our beautiful valle
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Bridging Finance Solutions has supported the transformation of a traditional stone built agricultural barn into a tasteful family home, in the stunning Ribble Valley, Lancashire. The husband and wife team bought the disused barn for an undisclosed sum, with 20% of the purchase price funded by BFS, as part of a larger £300,000 development loan. […]
BFS 25% projected growth continues
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Bridging Finance Solutions has achieved all targets for 2022, having grown the business by some 25%. This marks the 17th year that the specialist lender has sustained this ongoing, exceptional level of 25% growth year on year. In order to support the wider expansion, BFS has boosted its teams across all areas of the […]
BFS add weight to Underwriting Team
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Bridging Finance Solutions has appointed Nick Lockley as Underwriting Administrator, as the growing short term specialist lender expands for its 15th consecutive year. Experienced financial professional, Nick, has a career that spans 30 years in banking, with the past decade spent in commercial real estate finance. Nick will be based at the BFS head office […]
Building a families future
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Grandparents developing and building a new home for their three grandchildren have welcomed the support of 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 the […]