BFS Comes To The Rescue on Self Build Project
This developer was mid-way through a private new build development in South Wales when refinancing was needed in order to complete the project. Client – Private client Project – Finalising development project Value – £114,000 The first time developer was project managing her own self-build, a detached dormer bungalow in Swansea, South Wales The […]
BFS Prevents Repossession After Accident Leaves Man Unable To Work
Following a serious accident that prevented this client from working, the homeowner was forced to make a sale on his property to manage escalating debts and avoid repossession of his property. Client – Private client Project – Raising debt capital Value – £497,000 The independent client approached BFS via a broker who had worked […]
£321k Property Development Finance for 24 Unit Housing Scheme
BFS property development finance facility has been secured by private investors developing a 24 unit new build housing scheme in Ebbw Vale, mid-Wales. The development firm is owned and operated by a husband and wife team who are investing cash reserves from their successful external wall insulation business into property development. Following a number of […]
Development Finance for Barn Conversion Project
Developers acquired a small barn site in Pottersbury, securing planning permission to build two one-bedroom, semi-detached homes. The site, formerly used as office accommodation, was acquired for £132,500 and with a build cost of £98,5000, the GDV was estimated to be in the region of £400,000. Development Finance was needed to carry out the actual build […]
BFS’ Development Finance to Give Hereford ‘Heritage Asset’ New Lease of Life
Two adjoining cottages, considered to be a ‘heritage asset’ by the local council, are to be given a new lease of life following a development finance deal agreed by Bridging Finance Solutions. Plans to extend and refurbish the Hereford cottages which are set in an exceptional rural location of eight acres, creating a single stunning […]
Development finance to convert single property into 8 self-contained units
A private developer, whose latest project involved the conversion of a large mid terraced self-owned property into eight self-contained units, required additional funding to complete the project mid-construction. Client: Private developer Project: Conversion of single property into eight self-contained units The property in Sutton, Surrey has been under the ownership of the client for some […]
Development Finance for Two New Build Homes in Wirral
A private developer and repeat BFS business customer, has once again successfully used short-term bridging loan as part of his latest house building development. Under the deal, the developer has completed a deal to buy a large detached house in Wirral with scope to build a second home on the existing grounds. As part of […]
Development Finance to Transform Pub into Self-Contained Apartments
A small private developer has identified the development potential of a former pub, The Post Office Hotel, located in the centre of Kirkham (between Preston and Blackpool) with potential for conversion into three self-contained apartments with the addition of three new build townhouses on the same site. The Managing Director of the company, an experienced […]
Development Finance to Convert Commercial Building to HMO
Client: Private developer Project: Winckley Square Preston As one of only a handful of bridging loan companies in the UK to offer development finance for projects under £2million, a private developer turned to BFS for support with their commercial redevelopment project. 6 Winkley Square in Preston, the former home of DWF Solicitors, was considered a […]
Short Term Funding to Create Dream Home for Private Developers
Project: Conversion of former public house into an executive home Client: Private developers The conversion of the Red Lion Pub, a Grade II Listed building in Northleach, Cotswolds, had approached the end of a bridging loan facility. During the term, these private developers had experienced delays with English Heritage in obtaining permission to move a […]
