Not heard of us ? Then you may be surprised to know we have been advancing short term funds, via a limited panel of intermediaries, for over 15 years!
HFBS is primarily a family run lender managing wholly private funds on behalf of a number of wealthy individuals. We make no apology for our old fashioned methods preferring to discuss and agree a deal in a single phone call rather than relying on layers of documentation, individual underwriters and credit committees.
We differ in other ways. We do not advance the more complex deals allowing us to have a very simple, streamlined process which often involves no solicitors. We can complete quicker and with less cost to your client than any lender in the market. Here are some of our USP’s :
- No solicitors required on either side in most cases
- We issue full contracts day 1 allowing your client to consider the FULL terms before proceeding
- 1st ,2nd and 3rd charges considered
- Advances start at just £5,000 ( up to £250,000 )
- We will lend even where first mortgagees consent is refused
- We have no limitation on adverse
- We consider all security including land, Btl , semi-commercial and commercial
- No bias on geographical locations in England and Wales
- Rates , including second charge from 0.95% month
- No minimum valuation