BFS Seals Deal On Forever Home
Bridging Finance Solutions has agreed to support the final stages of build for a central London ‘forever home’. The husband and wife team had sold their previous home, retaining a section of the garden on which to build their dream property. The development was partially completed having reached wind and watertight stage, however, the self-builders […]
Starship Group secures fifth development facility with BFS
A Merseyside-based developer has secured their fifth property development finance facility with BFS to finance the firms latest luxury housing scheme. BFS has confirmed a £2.5 million loan to finance the acquisition of both the land and all associated build costs, providing a complete and flexible funding package for Starship Group. Plans have been secured to […]
BFS supports development partners in luxury house build
A group of friends and developers have joined forces to create a stunning five bedroom home in Wirral, using a development loan from Bridging Finance Solutions to help finance the project. The land was purchased with the support of BFS who provided 60% of the cost. The construction costs were built into the remainder of […]
BFS Seals Deal on Bridging Loan in Five Days
Bridging Finance Solutions has supported a local developer, providing bridging funding following an auction purchase, in a fast tracked five days. The developer had acquired a three-storey semi-detached property in Wirral. With a provisional mortgage already in place, the client was experiencing ongoing delays and it soon became apparent that the mortgage may not be […]
First time developers boost pension with housing scheme
Bridging Finance Solutions has agreed to fund a new build project with first time developers, both of whom are approaching retirement. The husband and wife team had secured planning for six two-bedroom houses on the site of a self-owned car park in Leicestershire and were keen to develop the homes and sell on, boosting their pension […]
A Family Affair
Bridging Finance Solutions has completed a quadruple development finance loan on a single site in the Midlands for £1.5milllion. The client had purchased a large site adjacent to their home, using a business a loan. Planning permission was secured for four properties at the site, in turn significantly increasing the value of the land. Two […]
Funding Against The Odds
Bridging Finance Solutions has once again reaffirmed its flexible and agile approach to lending through its latest development finance loan. A first time client had purchased a former farmhouse in Barnsley, Yorkshire, with three long term friends, splitting the site into eight comprising four large and four smaller plots. Together the group commissioned all utilities […]
BFS Supports First Time Developer With Ambitious Farmhouse Project
Bridging Finance Solutions (BFS) has once again demonstrated its support to a fledgling developer, providing a £350,000 loan to a private client in Lancashire. The aspiring developer, a successful business owner, was keen to explore opportunities within the wider property industry and acquired two adjoining farmhouses in the picturesque village of Bacup, Lancashire. Her plan was […]
A Holy Renovation of Former Chapel
The conversion of a former chapel required extensive internal structural works to transform it into a modern living space, with the developer securing a bridging loan from BFS to complete the scheme. The client had purchased the property for £115,000 with plans to re-develop the vast building for use as his own home. Under the […]
Bridging in Lockdown
Bridging Finance Solutions continues to operate during lockdown, finalising yet another development loan whilst employing full safe and remote working practices. The Merseyside-based firm was quick to respond to the pending lockdown, having extensive digital processes in place that allowed the team to adapt to the rapidly changing financial services landscape. Working with a Mid-Wales […]
