About HZA

Shiraz Khan is the author of the content. Shiraz is the managing director and founder of Hank Zarihs Associates. With over 16 years' of experience we are master brokers within the short term financing industry. We specialise in a wide variety of short term loans.

Bridging loan advice

In the current climate it's no surprise that so many people are looking to get into the property market and investment with the profits and money that's available to be made with demand soaring year-on-year and prices following broadly in the same direction. Property development, in particular, has spiked in activity in the past few years with developers buying more land and property than ever with a view to improving or renovating and either renting it out or selling it [...]

By |2023-01-18T16:34:25+00:00February 24, 2021|Blog|0 Comments

Bad credit bridging loans

When it comes tom accessing a loan, bridging loan, bridging finance or other types of loans, low credit or adverse credit can be one of the biggest stumbling blocks to getting the finance you need. There can be a variety of reasons why a client may have adverse credit or bad credit, and given the recent economic circumstances across the country you certainly wouldn't be alone in that respect, with the Bank of England estimating a growing number of consumers [...]

By |2021-11-10T18:17:02+00:00February 19, 2021|Blog|0 Comments

Alternatives to bridging loans

It's been a hot two years for property, with prices rising along with rents and yields which has then meant that more people are looking to get into property development and the industry as a whole. Whether it's a commercial or a residential development, many are now seeing that there's money to be made in this market and are jumping on board. It's also true that the outlook for the UK property market as a whole is looking very encouraging [...]

By |2021-11-10T18:17:31+00:00February 19, 2021|Blog|0 Comments

What is a “desktop valuation”?

A desktop valuation is, as the name suggests, something that's used by property surveyors and property finance companies to undertake valuations without having to physically attend the property. A desktop valuation is an automated and software driven type of property valuation that is derived from certain criteria and usually used for lower risk lending that's under 80% Loan To Value (LTV). Things like postcode, online research and pictures provided by the client. Given recent events from 2020 onwards, the prevalence [...]

By |2021-11-10T18:18:17+00:00February 16, 2021|Blog|0 Comments

Converting commercial property to residential

Converting commercial property to residential isn't always the easiest pursuit, and very much depends on the type of commercial property you're looking to develop. Given the rapidly changing face of the UK high street and commercial property in general, thanks to events of the past year or so, there has been a huge surge in demand for converting this type of property. There is an argument to be had that commercial property was, by and large, changing quickly anyway. Shops, [...]

By |2021-11-10T18:18:54+00:00February 11, 2021|Blog|0 Comments

How to set up a SPV limited company (Special purpose vehicle)

An SPV limited company, or a special purpose vehicle company, is a type of limited company this is set up for the sole purpose of owning and managing property, more specifically it's usually for Buy To Let (BTL) properties. An SPV limited company is commonly set up and used because it tends to be more tax efficient than owning and letting a company as a private investor or a sole trader, which needs to be done through self-assessment. Accountancy is [...]

By |2021-11-10T18:19:17+00:00February 11, 2021|Blog|0 Comments

Government pledges huge reforms for UK leaseholders

Millions of leaseholders will be given the right to extend their lease by a maximum term of 990 years at zero ground rent, the Housing Secretary Robert Jenrick announced on 7th January. These new measures come as part of the biggest reforms to English property law in over 40 years, fundamentally making homeownership fairer and more secure. These reforms are welcome news for many This news has been welcomed by many, with Richard Beresford, Chief Executive of the National Federation [...]

By |2021-11-13T09:03:44+00:00January 19, 2021|Blog, News, Uncategorized|0 Comments

Converting House into Flats

Renovating and converting houses into multiple dwellings is increasing rapidly in popularity across the UK, but more specifically in busy city and urban areas with a high concentration of young and wealthy professionals. Converting a house into flats in London, for example, has seen a notable and marked increase in recent years thanks to a large influx of workers into the city with many now falling under this type of tenancy. The benefits are clear for landlords focused on yields [...]

By |2021-11-10T18:20:03+00:00January 15, 2021|Blog|0 Comments

Builders can get closer onsite and food is back on the table

Builders can get closer onsite and food is back on the table Builders have the flexibility of working one-metre apart with carewhere two-metres is not viable and on-site canteens are now allowed. The latest version of the Construction Leadership Council’s site operating procedures asks construction firms to consider increasing the size or number of eating facilities. “Canteens that have been closed or offered a restricted service may now open,” said the guidelines which contain a checklist of measures. These include [...]

By |2021-11-13T09:16:44+00:00July 1, 2020|Blog, Business, Finance News, News, Planning News, Projects|0 Comments

First flatpack homes to be built in Bristol

Property Loans News:- Housing developer BoKlok has gained unanimous approval from Bristol city councillors to build 173 family homes on 5.17 ha of land along Airport Road in Knowle West. The developer, owned by Skanska and Ikea, will use modern methods of construction to build the homes off-site with the project expected to be finished by 2021. BoKlok UK managing director Graeme Culliton said: “Throughout the evolution of this project we have partnered with the local community, Bristol city council, [...]

By |2021-11-13T09:16:50+00:00June 29, 2020|Blog, Business, Finance News, News, Planning News, Projects|0 Comments

Major constructors´ output nearly back to normal

Bridging Finance News:- Productivity on construction sites is back up to 80 percent of levels before the pandemic, according to a panel of leading design and construction consultants. The latest data from the Royal Institution of Chartered Surveyors building cost information service, BCIS, shows resilience among contractors. The BCIS panel attributes this to contractors growing familiarity with government site operating procedures, longer site opening hours and fewer noise restrictions. Product Max LTV Up to 50% LTV 50.01 – 65.00% LTV [...]

By |2021-11-13T09:16:58+00:00June 26, 2020|Blog, Finance News, Planning News, Projects|0 Comments

Builders calls for LAs to speed up signing-off of planning conditions

Bridging Loan News:- Builders about to go on-site or finish up projects are facing delays as many councils are failing to sign-off planning conditions within the statutory period. The National Federation of Builders, NFB, head of housing and planning policy Rico Wojtulewicz said: “This is causing industry real problems as it means current projects are unable to start, or complete. “We are raising this with the government, who need to work with the industry and local planning authorities to solve [...]

By |2021-11-13T09:17:05+00:00June 24, 2020|Blog, Finance News, Planning News, Projects|0 Comments