Member Article

Retirement Income Saved by HFBS

Client’s retirement fund is saved after Holme Finance Bridging Solutions who turn around a £100 thousand pound loan within four working days.

The 80 year old investor found himself in a financial jam after the sale of his Buy to Let fell through at the last minute whilst committed to completing on the purchase of a commercial property run as a chip shop.

With only days left to complete HFBS were called on to provide the £100,000 shortfall and a lifeline desperately needed to ensure the deal went ahead securing the clients aims of generating additional retirement income.

Ian Broadbent, Director at HFBS says: “Our client had very limited options due to his grand age of 80 years. We required a valuation on this deal but we were able to arrange a quick drive-by valuation to satisfy our requirements. Also independent legal advice was necessary, but thankfully, all due diligence was satisfactory and we were able to pay-out within 4 working days.”

With an average completion taking less than seven days from enquiry to money in the bank, no solicitor involvement, no minimum valuation, and entirely privately funded, no bank mandates, no fixed rules, HFBS really mean business.

HFBS offer one the LOWEST second mortgage rates in the bridging finance market starting at just 0.95% month and one of lowest advances, starting from just £5,000. HFBS Bridging Solutions have been advancing short-term funds, via a limited panel of intermediaries, for over 15 years with complete authority on their lending. Simpler, quicker, cheaper.

This was posted in Bdaily's Members' News section by Holme Finance Bridging Solutions .