Holme Finance Bridging Solutions (HFBS) completed a £18k property deal, rescuing a client at risk of losing his investment.
The challenge came from a client who had successfully bid on a £47,000 investment property in Manchester.
With only five days left to complete, the developer – despite his past experience with short-term finance – found himself unable to secure funding through traditional routes, primarily due to the property’s low value falling beneath other lenders’ minimum thresholds.
HFBS was able to support, in light of its flexible lending criteria and refusal to impose minimum property values.
Dan Yendall-Collings, senior underwriter at HFBS, said: “We don’t have a minimum valuation requirement – if the deal makes sense, we’ll consider it.
“In this case, the client only needed £18,000. We received the enquiry on Monday, made the offer the same day, met the client on Tuesday to finalise the paperwork, and were ready to fund well ahead of the Friday deadline.”
The loan was secured at a monthly rate of 1.89%, giving the client the breathing space to complete the purchase and plan for exit.
With a light refurbishment, the property is expected to be valued at around £75,000, opening the door for a traditional buy-to-let remortgage – or a full settlement from business cashflow.
The deal is a textbook example of how speed and flexibility continue to set specialist lenders apart, particularly in time-sensitive scenarios like auction purchases.
Yendall-Collings said: “Where others see a problem, we look for the solution.
“Our niche approach – low-value lending, rapid decision-making, and direct engagement with clients – is exactly what makes these deals possible.”
