HFBS provides fast finance for luxury development

HFBS provides fast finance for luxury development




Holme Finance Bridging Solutions (HFBS) has been called upon to provide funding in order for a client to complete a luxury detached bungalow development in Somerset.

The client was a repeat customer of HFBS, and a slight overspend on unforeseen, but essential utilities work left the developer £10,000 short of completing crucial external landscaping.

The developer’s broker recommended HFBS to make sure a speedy cash injection was received so the development avoided delay.

Ian Broadbent, Director at HFBS, said it had been with the developer from the start when she was working on developments of flats and terraced houses.

“We met her at her security address to see the progress to date and had no hesitation in supporting her.

“We knew her track record was good, but her latest development has certainly surpassed her previous.”

HFBS were able to fund the developer without the need for solicitors and were able to complete within three working days of her applying.

“We have been with this developer every step of the way and are incredibly thrilled to see how far she has come during this time.

“Thanks to her broker recommending us she’s on track yet again for another successful refurb and sale.”

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