Specialist Mersey property lender to hold event on development finance

Wirral-based Bridging Finance Solutions is teaming up with the National Association of Commercial Finance Brokers for the event later this month

Keith Litherland
Keith Litherland, business development manager at Bridging Finance Solutions

 

Specialist Merseyside property lender Bridging Finance Solutions (BFS) is to hold its first development finance day in association with the  National Association of Commercial Finance Brokers (NACFB).

With an open invite to colleagues and associates of the business, old and new, the event is being held on Tuesday, January 29, at Ashton-in-Makerfield Golf Club and aims to give people an insight into development finance.

This will includes how to manage their first deal and improve their wider knowledge of the process, whilst also giving access to specialists in the market for the more experienced developers. More than 100 delegates have already signed up.

Keith Litherland, business development manager at Wirral-based BFS, said: “We’ve been incredibly pleased by the level of interest this event has attracted. People are undoubtedly interested in learning more about development finance and how to use bridging when funding this type of property deal.”

The day will provide an educational experience, helping delegates understand the market and bridging process, presenting the viewpoint of the underwriter, valuer, quantity surveyor and solicitor.

Mr Litherland added: “At BFS, we are seeing an increase in demand for development finance and in particular those smaller developments with properties typically ranging in value from £100,000 to £750,000.

“Many traditional development lenders have no appetite for these deals which they consider too small. In contrast, BFS view this client group as a core target market and aim to help both new and experienced developers to look at a deal with fresh eyes.”

Click here for more information on the event

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