BFS maintains Merseyside presence during growth period

Published on

Wirral-based Bridging Finance Solutions has continued to consolidate its presence within Merseyside, with 25% of the current loan book originating from within the area.

The company maintains a clear presence across the professional and broker community within the region, partnering with clients whose financial needs vary considerably, financing projects that range from a £35,000 loan up to £1.82 million.

John Hardman, head of dales at BFS, said: “Being a locally based business has undoubtedly helped consolidate our position within the area. We have over the years developed a national presence as we’ve grown, but our heartland will always be within the North and more immediately, the North West.

“Without question, small ground-up developments of between one and five houses is an area where we have seen the biggest increase in enquiry numbers and successful deals completed on Merseyside – that said, this is also replicated across the UK and we have created a really strong reputation in this sector.”

BFS specialises in bridging and development finance largely supporting deals that are sub-£1 million in value.

Hardman added: “Merseyside is without doubt an area that attracts entrepreneurs who are interested in property development and are prepared to take risks associated with residential conversions and ground-up builds.

“Merseyside will remain our home and we’ll continue to support local individuals and businesses. Once again we are on track to grow the business by a further 25% in the coming year and naturally expect this trend to follow in Merseyside.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

[tds_create_account btn_bg_h="#000000" f_text_font_family="global-2_global" show_version="" tdc_css="eyJhbGwiOnsiYm9yZGVyLXJhZGl1cyI6IjUiLCJkaXNwbGF5IjoiIn19"]

Latest articles

Target Group posts record client satisfaction score

Target Group has reported its highest client satisfaction score to date, six months after...

Four-month fall in sales agreed signals weaker mortgage market

Mortgage lenders face a potentially weaker final quarter after property sales agreed fell by...

HSBC to raise residential and buy-to-let mortgage rates

HSBC UK is increasing mortgage rates across much of its residential and buy-to-let range...

Cumberland expands school money workshops into second year

The Cumberland Building Society is extending its financial education programme for primary school children...

Prime London price falls could narrow the gap for aspiring home movers

Falling values at the top of the housing market could give some established homeowners...

Latest publication

Other news

Target Group posts record client satisfaction score

Target Group has reported its highest client satisfaction score to date, six months after...

Four-month fall in sales agreed signals weaker mortgage market

Mortgage lenders face a potentially weaker final quarter after property sales agreed fell by...

HSBC to raise residential and buy-to-let mortgage rates

HSBC UK is increasing mortgage rates across much of its residential and buy-to-let range...