Holme Finance Bridging Solutions practises “bridging made simple” by reducing the hoops their clients must jump through - this makes lending easy, simple, and more affordable
Holme Finance Bridging Solutions (HFBS) is one of the few bridging lenders who actively commit themselves to a simple, straightforward approach. They do this by focusing on a very select area of the market and streamlining their processes to provide clarity and transparency to their customers.
HFBS pride themselves on requiring little to no outside input when approving a loan - valuations are established through the use of existing sales data and visual inspections, and the use of solicitors is kept to a minimum (or removed entirely, where possible).
Holme Finance Bridging Solutions also keep paperwork to a minimum, and is committed to providing a personal, approachable borrowing experience. Applicants often receive a personal visit from Holme Bridging Finance themselves in order to finalise their application, and are given the company director’s personal contact number for out-of-hours communications (though as their website notes, calling at 3am is unlikely to result in a productive conversation).
Holme Finance Bridging Solutions provide a personal approach that is too often lost in bridging finance, and because this lender works exclusively with private funds they are able to act independently of any external investors; they make the decisions, and work with their clients to create the perfect lending solution.
Your key contacts at Holme Finance Bridging Solutions
A bridging loan is a short-term loan secured against property. It allows you or your business to “bridge a gap” until either longer-term finance can be arranged, or the underlying security or other assets can be sold.
Loans generally range from £10,000 to £50M with smaller or larger amounts provided on an exceptional basis. The value and equity within the property or properties you are securing against will determine how much you can borrow. The maximum loan to value (LTV) currently offered by most lenders ranges between 65-80%
Bridging loans can be used for a wide variety of purposes. Perhaps the most common purpose is to allow you to buy a new home or business premises before you have sold your existing property. They can also be used by investors to buy property at auction, landlords to acquire buy-to-lets, developers to acquire and renovate properties and businesses to raise working capital. There are a myriad of different uses and Bridging.com can help to find the best loan for you.
In general most bridging loans will fall between 0.5% and 1.5% per month although occasionally they can be either slightly cheaper or slightly more expensive. Each loan is priced on risk with particular attention paid to the property, its location and the strength of your exit strategy.
Bridging.com can help you secure a bridging loan tailored to your own unique circumstances in a matter of days. We can guide you through the entire process from initial enquiry to funds being released in the shortest possible timeframe.