Five Tips for Funding Property Development
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Securing the right funding for your project is one of the most important steps in any property development. For many developers, whatever your level of experience, this crucial step can be a real challenge in certain situations. We’ve compiled some top tips for property developers to help you secure that all-important funding when the time […]
Development funding sets seeds for new homes
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BFS has provided development funding for two high spec homes in Thingwall, Wirral, under a £400,000 loan agreement. The client had acquired the empty site using their own monies and required further funding to support the build costs. An affluent area within Wirral, demand for detached properties is high and these two high spec four-bed […]
BFS BOOST BDM TEAM WITH LATEST APPOINTMENT
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Bridging Finance Solutions has welcomed short term finance specialist, Andy Morgan, to its growing business development team. Andy brings some 25 years’ experience within the intermediaries/broker and packager market place with an excellent network of brokers and introducers. Based in the North West, Andy will take on a national role focusing on the company’s core […]
BFS support fledgling developer with luxury housing scheme
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BFS is once again throwing its weight behind a first time developer, providing development finance funding for £1.9m. The site, a former farm in Hertfordshire, was already under existing ownership of the client with planning approval for two four-bed homes. Funding was required to settle an existing charge and the remainder of the loan used […]
BFS reaffirm support for the Hive
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Bridging Finance Solutions continues to support Wirral youth zone, The Hive, funding their vital Mentoring Programme which works with some of the most vulnerable and at-risk children across Wirral. Bridging Finance Solutions has once again pledged to donate a year’s salary for a Mentor role who oversees and manages up to 45 mentees. This marks […]
First time developer gets green light from BFS
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First time developer gets green light from BFS Bridging Finance Solutions has agreed to fund a first time development scheme for a builder client developing three luxury homes in Lancaster. A development loan of £1,267,500 was agreed covering construction costs. The homes are being built in a leafy area of Lancaster using a […]
BFS team amongst UK’s first to pursue specialist finance qualification
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BFS team amongst UK’s first to pursue specialist finance qualification Six team members from Bridging Finance Solutions (BFS) are amongst the first in the UK to take part in the new Certified Practitioner in Specialist Property Finance (CPSP) learning programme. A joint initiative between the Association of Short-Term Lenders (ASTL), Financial Intermediary & Broker Association […]
Farmhouse fit out!
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BFS has confirmed a £350,000 development loan with a client who is set to transform a disused agricultural barn into a stunning three-bed family home. The property, in Oswaldtwistle near Accrington, will see the renovation and conversion of the barn to create a two-storey plus basement home. The client, who owns an Electrical and Mechanical […]
Single storey scheme secures funding
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Bridging Finance Solutions has provided a development loan to a father and son team building three single storey homes in Preston. The seasoned property developers acquired the derelict site with full planning permission to build the three bungalows already in place. As with the vast majority of development schemes, high street lenders are typically unwilling […]