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Bridge Loan for £375,000 for Refurb of 4 x Maisonettes – Yaxley

Posted: September 15, 2021

Case StudyBroker: The Property Finance CollectiveClient: Almond Penstar Ltd Project: Purchase and Refurb – 4 x 3 Bedroom MaisonettesPurchase price: £285,000Est Valuation after refurb: £500,000Gross loan: £375,000Location: Yaxley Issue Michael Primrose from The Property Finance Collective came to us with an application from their client Almond Penstar Ltd. Almond Penstar were looking to purchase 4 x 3 […]

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Loan for £157,000 convert to six bed HMO – Sutton-in-Ashfield

Posted: June 29, 2021

Successful Case Study Company: Dragen Homes Ltd Project: Covert detached house into six bed HMO. (House of Multiple Occupancy) Location: Sutton-in-Ashfield We were approached by Dragen Homes Ltd a property developer who had recently been declined last minute by their previous bridging lender. With the deadline being tight we wanted to help the client expedite […]

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Featured in FIBA Advantage Online

Posted: June 28, 2021

  Introducing Ascot Bridging Finance Following the recent announcements from us at the Financial Intermediary and Broker Association, it does seem that as we grow, we are attracting more Lenders who want to take the opportunity to engage with you as a member of FIBA. However, we do like to choose who joins us and […]

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Ascot Bridging Finance doubles its funding

Posted: July 10, 2020

Family-run lender Ascot Bridging Finance has exclusively revealed to B&C that it has secured a mix of wholesale and private funding which has enabled the business to increase its lending capacity two-fold. The new funding means that the Cheshire-based bridging lender — which launched in 2017 and has just completed “phase one” of its business […]

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Ascot Bridging Finance partners to deliver an £800k development loan facility for a client within 2 weeks

Posted: October 29, 2018

Ascot Bridging Finance has worked with one of their partners, Pilot Fish, to deliver an £800,000 development loan facility for a client within 2 weeks of application. The client, an experienced property developer with a proven record of large-scale development projects, had exchanged on a property subject to planning. The property was an old school […]

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Will all property auctions move online?

Posted: September 28, 2018

The majority of property auctions are currently held in rooms with some online auctions available. According to Neil Singer, chief executive of Clicktopurchase, in the future, there will be no physical auction rooms.

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