The Loans Engine (TLE) team has added Holme Finance Bridging Solutions (HFBS) to their lender panel.
The move will see TLE gain full access to HFBS’s range of bridging products, which includes first, second and third charge options for its mortgage intermediaries and their clients.
Andrew Turner, founder and director of The Loans Engine, said: “We expect to see further demand for short-term borrowing as we enter 2022.
“The investment opportunities for property investors across change of use, light and heavy refurbishment projects, and auction purchases, will drive an increased need for bridging finance. We see HFBS as an important addition to our panel to support this demand.”
HFBS focuses on providing fast bridging solutions to clients, typically completing within just seven days. At present, HFBS has no limits on adverse credit, does not require income proof and will often not require a valuation to be completed.
Additionally, the company can offer solutions to clients even when consent from their first mortgage has been declined, which means they can help in a range of circumstances.
Furthermore, HFBS aims to create a much simpler process for both clients and intermediaries, and so they arrange solutions with no involvement from solicitors in the majority of their cases, making it an attractive option for many.
This development is an exciting new step for the team and is a positive move to take ahead of the New Year.
TLE is consistently looking for new ways to expand and diversify its offering, in order to better serve intermediaries and their clients, and this most recent addition illustrates their commitment to this.
In the New Year the company will have many more additions to their lender panel, with the overall aim of further improving its specialist finance offering to intermediaries and customers.
