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Follow on Google News | Big Moves from HFBS with Change of CriteriaBy: HFBS The company's market leading second charge rate of just 0.95% a month, previously available on advances over £100,000, is now available on advances from just £50,000, and the maximum loan available on standard terms has been increased from £200,000 to £250,000. Ian Broadbent, director at Holme Finance Bridging Solutions says: "The appetite for investment is still strong post Brexit. We're not pulling our funding; in fact we're retaining terms and improving them to continue to support the smaller entrepreneur. If you are genuinely looking for a lender not reliant on the whims of institutional lending, flexible and hungry, look no further." The new criteria complements the company's commitment to straightforward lending. With an average completion 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, the new criteria really means business. 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. HFBS prides itself on being very different, filling a niche in the market to complement existing providers of short term finance and completing the more straight forward application without the need for solicitor involvement. Simpler, quicker, cheaper. End
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