Generated by All in One SEO Pro v4.9.10, this is an llms-full.txt file, used by LLMs to index the site. # Bridging and Development Finance Solutions Hank Zarihs Associates ## Posts ### [Sharia compliant 1st charge bridge against a trading 14-bed hotel asset](https://www.hankzarihs.com/sharia-compliant-1st-charge-bridge-against-a-trading-14-bed-hotel-asset/) **Published:** May 8, 2026 **Author:** Shiraz Khan **Content:** **Sharia Compliant Bridging Finance** is gaining traction as a viable solution for experienced investors seeking speed, flexibility, and structure without compromising on principles. Recently, the team at **Hank Zarihs Associates** successfully completed a transaction involving the structuring of a **Sharia compliant 1st charge bridge** against a trading 14-bed hotel asset. This allowed the client to quickly release capital to support broader portfolio needs. **Key highlights of the transaction include:** - £815,750 Gross Loan Achieved - Sharia Compliant Facility - 1st Charge Bridge - 12 Month Term - Secured against a trading hotel asset - Completed with Offa Navigating Sharia compliant finance requires more than just finding a lender; the structure, asset, timeline, and execution must align while maintaining the pace that commercial borrowers need. This deal necessitated close coordination to ensure efficient delivery while preserving the integrity of the structure throughout the process. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Auctions, Blog, Bridging Finance, Development Finance Lenders --- ### [House Price Leap Defies Fears of Referendum Downturn in Property Market](https://www.hankzarihs.com/cheap-house-price-property-market/) **Published:** December 10, 2017 **Author:** Shiraz Khan **Content:** An unexpected rise in house prices in August and an upturn in consumer confidence today added to the sense that the Brexit vote at the end of June has yet to derail the UK economy. House prices rose 0.6% this month, according to Nationwide, when analysts had been predicting a fall of between 1% and 2%. That pushed the annual increase from 5.2% in July to 5.6% in August. [![House price London](https://www.hankzarihs.com/wp-content/uploads/2018/03/Banner-V3_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## Cheap House Price Consumer confidence, which suffered its biggest drop for 26 years in July, recovered somewhat in August with GfK’s barometer rising five points from -12 to -7. Official data this month have already shown strong retail sales and a rise in employment since the Brexit vote. But the Bank of England reported this week that the number of mortgage approvals made to home buyers fell to its lowest level for 18 months in July, in a sign that the vote to leave the EU had a cooling effect on the housing market. Robert Gardner, Nationwide’s chief economist, said: “The pick-up in price growth is somewhat at odds with signs that housing market activity has slowed in recent months. “However, the decline in demand appears to have been matched by weakness on the supply side of the market. Surveyors report that instructions to sell have also declined and the stock of properties on the market remains close to 30-year lows. “This helps to explain why the pace of house price growth has remained broadly stable.” Gardner said the Bank of England’s decision to lower the base rate to 0.25% will provide an immediate benefit to many mortgage borrowers, who will see their repayments become cheaper. However, he added, “for most the boost will be fairly modest”, with the typical saving from the base rate cut being around £15 per month. “It’s important not to hang too much significance on one or two bits of data because it’s still very early days,” said Laith Khalaf, analyst at Hargreaves Lansdown. “Judging the economic impact of Brexit right now is a bit like predicting the winner of the Premier League based on who’s at the top of the table after the first couple of games.” Howard Archer, economist at IHS Global Insight, said: “**Housing market** activity is likely to be limited over the coming months and prices will weaken as prolonged uncertainty following the UK’s vote to leave the EU constrains consumer confidence and willingness to engage in major transactions, and also hampers economic activity.” ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, mycrousal, News **Tags:** Cheap House Price, House price in London, house prices london 2018 --- ### [Elizabeth Line Mega-districts Set to Bring Thousands of Homes from Southall to Woolwich](https://www.hankzarihs.com/equity-fund-elizabeth-line-mega/) **Published:** January 12, 2018 **Author:** Shiraz Khan **Content:** **Equity Fund News**:- London’s new Cross rail stations are architectural showstoppers in their own right. They will bring thousands of homes, shops and offices to large new neighborhoods across the capital. The just-released first images of London’s upcoming new Crossrail stations prove that the eagerly awaited east-west train line will deliver more than reduced journey times for the city’s commuters. ![](https://www.hankzarihs.com/wp-content/uploads/2018/03/Banner-V3_dynamic.gif "- Bridging and Development Finance Solutions") ## [Equity Fund by HZA](https://www.hankzarihs.com/equity-fund-elizabeth-line-mega/) All these new stations on the Elizabeth line, as it will be called when it opens in two years’ time, have been designed by renowned architects to reflect the heritage and character of their local areas, and several qualify as architectural showstoppers in their own right. Indeed, for the first time with a major UK rail project, there is joined-up building design, with new stations and the buildings above and alongside them designed to ensure stations knit into their surroundings and improve the urban realm. There will be lively commercial zones, a lot of glamorous new homes and some stations will be at the heart of large new neighbourhoods, particularly in Woolwich and Southall. More than 3,500 new homes at Southall will border the Grand Union Canal, with the first unveiled next year. **A park after you ride** The spectacular new Canary Wharf station has been built within a dock that will remain a navigable channel for boats. A striking timber lattice roof structure shelters a 310-metre-long park, below which are six levels of shops, restaurants and cafés. **Brutalist ‘Lite’** Farringdon station is inspired by the Brutalist architecture of the Barbican yet will have lighter design elements reflecting the intricate craftsmanship of the nearby Hatton Garden jewellery quarter. **Art on the line** In the tradition of the marvellous Moscow metro, Crossrail is melding art and infrastructure by creating fabulous murals, sculpture and installations, while a “Culture Line” initiative will link stations with neighbourhood art galleries, exhibition spaces and theatres. One of the permanent artworks — A Cloud Index by Spencer Finch — is embedded within a spectacular 120-metre-long glass canopy above the concourse at the new Paddington station, which “echoes the design legacy of Brunel’s existing terminus building”. Forty new public areas outside stations are creating space equivalent in size to 19 Leicester Squares. **[Equity Fund](https://www.hankzarihs.com/contact-us/):- Woolwich’s new Arsenal** Once a walled-off munitions factory where a 5,000-home neighbourhood is evolving, the new station entrance opens on to Dial Arch Square, a new green space flanked by prized listed buildings and classy new apartment blocks. Homes in these waterfront towers cost from £440,000, rising to more than £1,395,000 for duplexes and penthouses, while a phase called Pavilion Square includes two Georgian warehouses converted into flats priced from £460,000. Call 020 8331 7130. More than 2,000 people have already moved to this mini-district which also has various shops and eateries — galleries, museums and a children’s nursery too — in historic buildings such as The Guard House. The station cements a long-held ambition of local planners to unite the riverside estate with Woolwich town centre, achieved through a new pedestrian boulevard. And there is a Thames Clipper riverbus pier. Ex-local authority flats in the area start at less than £150,000, according to local estate agent Peter James. Call 020 8858 2555. And away from the town centre and industrial estates, Woolwich has a Common plus leafy tree-lined avenues and conservation areas. **Equity Fund:- ‘Transformational impact’** Woolwich is only one of two Crossrail stations south of the river. The other is at nearby Abbey Wood, which in transport terms at least is likely to experience a more “transformational impact” than anywhere else along the route, according to the Crossrail company. This is because journey times to central London will be halved, with a train every five minutes at peak times. It is the biggest addition to the local train network since the North Kent line was built in 1849. “It may be a bleak outpost now, but Crossrail will propel Abbey Wood into a completely new demand bracket because it will be one of the best connected and most affordable Zone 4 locations,” says Candice Matthews, director of property consultant Cushman & Wakefield. Most housing here dates back to the Fifties and Sixties when the London County Council built new estates on marshland. Much of the uncompromising concrete architecture fell into disrepute and is now being bulldozed to make way for new homes for a new generation. Peabody, the housing charity, is building a new neighbourhood that “reinterprets” the traditional 19th-century Peabody estates. Clusters of brick blocks will be grouped around raised shared courtyards, creating smaller communities within the larger whole. And where there were once towers there will now be a sequence of streets and lakeside squares, one with a focal point water clock tower and an arcade of shops. Three miles of waterfront will connect to the new Crossrail station. The area has been given “housing zone” status by the Mayor of London, meaning development will be fast-tracked. New river crossings are also planned in this part of London. Original article – [**https://bit.ly/2aprF9t**](https://www.homesandproperty.co.uk/property-news/buying/new-homes/londons-new-crossrail-stations-elizabeth-line-megadistricts-set-to-bring-thousands-of-homes-from-a103076.html) ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, mycrousal, News, Planning News **Tags:** auction property finance uk, equity fund, loans for property refurbishment, second charge bridging finance --- ### [Average UK house prices up 8.3% year on year, official index data shows](https://www.hankzarihs.com/average-uk-house-prices/) **Published:** December 20, 2017 **Author:** Shiraz Khan **Content:** **UK House Prices News:-** Average [**house prices in the UK**](https://www.hankzarihs.com/average-uk-house-prices/) increased by 8.3% in the year to July 2016, down from 9.7% in June 2016, continuing the strong growth seen since the end of 2013, according to the latest index data. The average UK house price was £217,000 in July 2016, some £17,000 higher than in July 2015 and £1,000 higher than June, the index from the Office of National Statistics shows. The main contribution to the increase in UK house prices came from England, where house prices increased by 9.1% over the year to July 2016, with the average price in England now £233,000. ![](https://www.hankzarihs.com/wp-content/uploads/2018/03/Banner-V3_dynamic.gif "- Bridging and Development Finance Solutions") ## **UK House Prices** Wales saw house prices increase by 4% over the last 12 months to stand at £145,000. In Scotland, the average price increased by 3.4% over the year to stand at £144,000 and the average price in Northern Ireland is currently £123,000. On a regional basis, London continues to be the region with the highest average house price at £485,000, followed by the South East and the East of England, which stand at £313,000 and £274,000 respectively. The lowest average price continues to be in the North East at £130,000. The East of England is the region which showed the highest annual growth, with prices increasing by 13.2% in the year to July 2016. Growth in London remains high at 12.3%, followed by the South East with an 11.9% annual growth. The lowest annual growth was in the Yorkshire and The Humber, where prices increased by 4.7% over the year. Commentators and real estate industry experts say that the figures show that there has been no discernible effect so far on the housing market from the decision in June to leave the European Union. ‘The data from the ONS shows a moderation in house price growth from 9.7% in the year to June to 8.3% in the year to July. But house prices still edged up by 0.4% between June and July. This suggests that market demand remained relatively resilient after the Brexit vote, despite some slowdown in mortgage lending,’ said Thomas Fisher, economist at PwC. However, he pointed out that as many of these transactions will have been in motion since before the referendum, more data will be needed to make a proper assessment of how the referendum result is affecting the housing market. ‘Our own expectation is that the **UK housing market** will cool not crash. In our main scenario, average UK house price growth is projected to decelerate to around 5% in 2016 and around 1% in 2017,’ he added. According to Andrew McPhillips, chief economist at the Yorkshire Building Society, it is likely that house price growth slowed in July as people postponed their decision to get onto the property ladder until they can be more certain of the future of the UK economy. ‘We expect the market to be volatile in the medium term, as any dips in house prices could be swiftly followed by an increase as prospective buyers look to make the most of lower prices,’ he said. ‘Looking to the **long term**, we expect people’s desire to own a property, combined with the persisting lack of housing stock to cause house prices to increase in the future. This will affect people across all tenures by both limiting the number of people who are able to own their desired home whilst also pushing up the cost of renting. It’s paramount that the UK significantly ramps up its house building efforts in order to make homes more affordable in the long term,’ he added. The housing market is emerging from its traditional summer slowdown, with mounting evidence suggesting that predictions of a post referendum house price crash were distinctly premature, according to Rob Weaver, director of investments at property crowd funding platform Property Partner. ‘The resilience of the UK housing market is rooted in the structural mismatch between supply and demand. While activity lately has been subdued, that imbalance has been maintained. Some potential buyers got cold feet following the Brexit vote, but sellers too withdrew from the market, resulting in a further drop in the stock of homes available for sale,’ he said. ‘London is defying the doom-mongers. Monthly figures fluctuate and should be treated with caution, nevertheless a 1% jump in prices in July, combined with an annual increase of over 12%, looks robust. Property is once again proving itself to be one of the best ways of preserving and building wealth, especially with interest rates at near zero, and likely to remain so for the mid to long term,’ he added. John Goodall, chief executive officer of peer to peer platform Landbay, believes that due to stamp duty changes and the EU referendum, 2016 was always going to be a year of two halves for the UK housing market. ‘The first led to a flurry of house purchases, stoking up demand and prices in the process, but the second has yet to prove quite so dramatic. House prices continued to grow steadily in July, the first full month of post Brexit vote data and bar a dramatic injection of new housing stock, there’s little to suggest economic or political factors are going to reverse this trend anytime soon,’ he said. ‘One thing the Brexit outcome has done for the housing market, is lead the Bank of England to cut interest **rates**, resulting in some of the lowest mortgage borrowing costs this country has ever seen. This will improve affordability for first time buyers, and take some of the sting out of house price increases, but amid heightened demand, rents are also rising, by 0.12% last month according to our own rental index. All together these factors point to a healthy buy to let market, so I wouldn’t be surprised if some professional landlords saw this as a buying opportunity,’ he pointed out. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, mycrousal, News **Tags:** House price in London, London Bridging Finance, property refurbishment finance, UK house prices --- ### [‘House prices WON’T fall’ ‘Experts reveal property market remains](https://www.hankzarihs.com/house-price-london-wont-fall/) **Published:** December 15, 2017 **Author:** Shiraz Khan **Content:** **House price London:-** Experts reveal property market remains robust in spite of Brexit fears. Fears that house prices would be sent tumbling on the back of Brexit uncertainty now look overblown with confidence among surveyors recovering. The latest survey from the Royal Institution of Chartered Surveyors showed that its member estate agents now expect [**house prices**](https://axcessnews.com/world/breaking-world/london-property-an-economy-guide-for-investors-looking-into-2019_7739/) to rise 3.3 per cent a year on average for the next five years – the most confident prediction given in the survey since the referendum vote. [![House price London](https://www.hankzarihs.com/wp-content/uploads/2018/03/Banner-V3_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## [House price London](https://www.hankzarihs.com/house-price-london-wont-fall/) This remains lower than at the start of the year when surveyors expected prices to rise by 4 per cent a year. In the [short-term](https://www.hankzarihs.com/bridging-finance/), price expectations climbed into positive territory for the first time since April, with a net balance of 10 per cent of surveyors now anticipating a rise in prices over the coming three months. Simon Rubinsohn, Rics chief economist, said: ‘There are clear signs that the housing market is settling down after the initial surprise of the outcome to the EU referendum. ‘Buyer enquiries did dip again in August but only modestly, and more significantly, sales expectations are beginning to edge upwards once again.’ The report confirmed data from the Bank of England which showed mortgage approvals dropped sharply from 64,200 loans in June to 60,900 in July following the referendum vote, but added that the picture was now stabilising. It also suggested that surveyors expect the number of home sales to rise in every region of the UK over the next 12 months and that, despite this, an ongoing shortage of property for sale would keep prices propped up. This was already the case, said the report, with a net balance of 12 per cent of surveyors reporting house prices rising rather than falling in August, up from a balance of 5 per cent the previous month. For the sixth month in a row, more surveyors in London reported prices falling rather than rising but in most other parts of the UK, prices showed signs of increasing. East Anglia and the West Midlands had the strongest price growth, with balances of 30 per cent and 22 per cent of surveyors respectively in these areas reporting prices rising rather than falling. In Wales, a net balance of 13 per cent of surveyors reported prices rising rather than falling, and in Scotland and Northern Ireland the balance of surveyors reporting rising prices was 17 per cent. Hansen Lu, of Capital Economics, was circumspect but admitted there are ‘increasing signs that the initial post-referendum shock has begun to recede’. He added: ‘With buyer numbers still falling and confidence still shaky, the weakness in transactions will last for several months yet, while house price growth will continue to ease. But with the recent economic news taking a more positive tone, it looks increasingly likely that the housing market will avoid catastrophe.’ Yesterday Halifax published its monthly house price index which showed the annual [rate](https://www.hankzarihs.com/term-lending/) of growth slowed to 6.9 per cent in August, down from 8.4 per cent in July and June. It said that high prices were weighing on the property market, as homes continue to rise in cost far faster than wages go up. The most recent Nationwide index meanwhile reported annual house price growth rising from 5.1 per cent in June to 5.2 per cent July and to 5.6 per cent in August. Richard Sexton, director of e.surv, said softer transaction levels over the summer could ‘largely be attributed to the markedly high transaction rate earlier this year and the expected summer lull’. He added: ‘The immediate aftermath of the vote on 23 June saw lenders and borrowers act with caution, but subsequent policy decisions \[including a cut in the base rate to 0.25 per cent last month\] have been made to restore confidence to the market.’ ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Business, Finance News, mycrousal, News **Tags:** House price in London, London Bridging Finance, non status bridging loans uk, property refurbishment finance --- ### [Dos and Don’ts of Buying Property At Auction -HZA](https://www.hankzarihs.com/property-development-finance-property-auction/) **Published:** December 25, 2017 **Author:** Shiraz Khan **Content:** **Property Development Finance:- Are you looking for a new property?** Have you considered buying at auction? Buying commercial or residential properties at auction is becoming increasingly common, mainly because it’s a much quicker way of buying property than the traditional method. But it isn’t something that you should do lightly. You need to arm yourself with as much advice and information as possible, and to help you get started, here are some essential dos and don’ts. ![](https://www.hankzarihs.com/wp-content/uploads/2018/03/Banner-V3_dynamic.gif "- Bridging and Development Finance Solutions") ## **Don’t go Ahead Without Talking to your Solicitor** If you’re interested in a [**property development finance**](https://www.hankzarihs.com/property-development-finance-property-auction/), instruct your solicitor as far in advance of the auction as possible. This will enable your solicitor to investigate and advise on any legal issues involved with the property that might affect its value or your ability to sell it on. Remember, you won’t be able to query any legal matters relating to property after you have successfully bid for it, as at that point, you will be legally bound to go through with the purchase. [![property development finance](https://www.hankzarihs.com/wp-content/uploads/2016/12/Buying-Property-At-Auction-300x200.jpg "Buying-Property-At-Auction - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## **Do look at the legal pack** When a property is auctioned, the auctioneers are obliged to make available a set of important legal documents known as the ‘legal pack’. This will have been put together by the solicitor working for the seller and will contain important documents such as the Title Deeds, Land Registry Search and Leases. It will also include a vital document called the Special Conditions of Sale, which is effectively the terms and conditions of the auction purchase. It is essential that you are fully aware of the details in these documents, and if you are not confident about reading these documents yourself, your solicitor can do this for you. ## **Property Development Finance:- Do view the property** It seems obvious, but some auction buyers don’t take this necessary step. You should always arrange to view a property, just as you would if you were buying through a traditional method of purchase. If you have any doubts or concerns, or if you just want to be on the safe side, you can instruct a surveyor to inspect it to check for structural issues or defects. Raise any questions you might have about the property with the seller’s agent as far in advance of the auction as possible, so they can provide full and detailed answers. ## **Do Analyse Comparables** As with buying any property, you need to get an idea of what a fair market price should be, and the starting point is obviously to look around the local area to find similar properties for comparison. To be as accurate as possible, you need to weigh up all of the key factors that will shape the value of a property. These are: size (of the house and the amount of land that comes with it), age and condition, number of bedrooms and bathrooms, improvements (such as landscaped garden, en-suite bathrooms or solar panels) and, of course, location. ## **Don’t Forget the Cost of Refurbishment** It’s easily done when you’re caught up in the excitement of purchasing your new property, but don’t overlook the refurbishment costs that you will have to take on. This is obviously particularly important if the property needs a lot of work, and you obviously should do your research on the likely costs involved in any major refurbishment project. But even if the house is in relatively good condition, there are likely to be some refurbishment costs, and these can easily mount up, so you need to be factoring issues such as refurbishment loans into your financial calculations. ## **Do Get your Finances Straight** **Getting your finances sorted out** beforehand is vital. Once your bid is accepted and you have signed a purchase contract, you will be legally bound to go through with the deal. You will need to pay a deposit at the time of the auction, and full completion will be expected a short time after. Any mortgages or bridging loans you need to take out must be approved prior to the auction, and you must be sure that the finances will be released in time to complete the purchase. If you fail to complete by the stated date, the seller can sue you for the purchase price, as well as damages. ## **For Property Development Finance:- Do Take Expert Advice** Buying property at auction can be a profitable exercise and a great way to find a bargain home, but it is a complicated process, and putting everything together to make sure it goes smoothly can be difficult and stressful. That’s why it’s a good idea to speak to a specialist, such as [**Hank Zarihs Associates**](https://www.europeanproperty.com/news/5-super-home-improvements-to-build-remodel-value-into-your-property-for-2019/), who know the whole business inside out. They can help buyers of auctioned properties by sorting out valuations, arranging solicitors and helping you with auction finance, taking all of the hassle out of the process. **[Contact us today](https://www.hankzarihs.com/contact/)**. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, mycrousal, News **Tags:** bridging loans london, property development finance, Residential Development Finance, residential non status bridging loan --- ### [Fast Development Finance- Instant Approval.](https://www.hankzarihs.com/fast-development-finance-funding-hza/) **Published:** December 25, 2017 **Author:** Shiraz Khan **Content:** It’s been a turbulent few months for borrowers who needed [fast development finance](https://www.hankzarihs.com/development-finance/) and investors alike – firstly with the surprise outcome of the EU referendum and more recently with the results of the American presidential election. Much is still unknown about the government’s plans for Brexit, and the possibilities that will arise from new trading agreements with the rest of the world. Certainly, sterling has already dropped – impacting importers and exporters alike – but those who predicted that Britain PLC would be plunged into an immediate recession have been proved wrong, with the FTSE largely bouncing back and with house prices looking set to rise in both the short and the medium term. ![](https://www.hankzarihs.com/wp-content/uploads/2018/03/Banner-V3_dynamic.gif "- Bridging and Development Finance Solutions") ## Fast Development Finance The fact is that demand for UK housing still outstrips supply, particularly as residential demographics change with greater numbers of single occupancy homes and a rise in the need for apartments and smaller, affordable new builds for young families. Higher up the property ladder, professionals are keen for quality, luxury new-builds and conversions alike, and developers are keen to capitalise on the extremely low-interest rates that still prevail. Already there is a suggestion that a rise in interest rates may be on the cards next year, which means that many developers are keen to lock in loan rates now and forge ahead with developments to capitalise on the attractive opportunities available. Here at [Hank Zarihs](https://www.hankzarihs.com/), we offer developers access to fast development finance on attractive terms. Our nimble operation and flexible, business-focused model means that we can have indicative terms issued within just one hour and credit terms back within five days (subject to the borrower providing all necessary information. We also have access to the whole of the market, including niche lenders who are not on the high street, giving you a far wider pool of potential lenders than most high street banks and other lenders could give you. Furthermore, we can arrange loans of up to 70% of GDV, 100% of cost and up to 75% on land. Our experienced and helpful team can progress your fast development finance in rapid time and with minimal administration. We simply need to ask a handful of questions to gather the essential information needed to issue a credit decision and indicative terms. Unlike many of the big lenders, we are open for business and have access to funds that are ready to be issued. At **Hank Zarihs Associates**, we are business focused [financial intermediaries](https://en.wikipedia.org/wiki/Financial_intermediary) who specialise in investment and development funding. We work with a specialist panel of more than 60 lenders and have the knowledge required to present your project in a way that will maximise your access to finance – even if you have been previously rejected or offered poor terms. Get in touch today to discuss your needs – we look forward to helping you access the vital development finance that you need to get your next project off the ground – fast. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, News **Tags:** Fast Development Finance, loans for property refurbishment, property auction funding, residential non status bridging loan --- ### [Chelsea Football Club | New Stadium – HZA](https://www.hankzarihs.com/instant-bridging-finance-chelsea/) **Published:** January 18, 2018 **Author:** Shiraz Khan **Content:** **Instant Bridging Finance:-**Plans for the new state-of-the-art Football stadium For Chelsea FC which will be situated at Stamford Bridge, Fulham Road, London have been granted detailed planning from Hammersmith Council. ![](https://www.hankzarihs.com/wp-content/uploads/2018/03/Banner-V3_dynamic.gif "- Bridging and Development Finance Solutions") ## [Instant Bridging Finance](https://www.hankzarihs.com/instant-bridging-finance-chelsea/) The original application was sent November 2015, Construction works are expected to commence following the conclusion of the 2019-20 football season and works are expected to be on site for a period of up to 4 years. The site will comprise of 60,000 seats which will cost a whopping £1BN. The council has moved to block any plans for any injunctions to be brought against the current planning application allowing the scheme to be progressed. For the start of 2024/25 season. The primary client on this project is Chelsea Football Club, is led by Mr. Paul Heagren. The site owner and ground landlords are Chelsea Pitch Owners c/o Frankham Consultancy. AECOM will be acting as the primary planner, landscape architecture firm and Mechanical and Electrical Engineering Consultants for the project. Structural Engineering consultancy services will be provided by Eckerlsey O’Callaghan, WSP Parsons Brinckerhoff (Head Office) and Schlaich Bergermann & Partner. AECOM and WSP Parsons Brinckerhoff (Head Office) will assist with Civil engineering consultancy. WSP Parsons Brinckerhoff (Head Office) will also provide Sustainability consultancy services. The development manager Mr Paul Mitchell of Arcadis Head Office will be in the management group of this project. The master planner will be Lifschutz Davidson Sandilands, viewing their past projects, for example, the world-class indoor sports centre for the University of Birmingham we have no doubt this will be a stadium to withstand the test of time. The investors and developers of the Chelsea Football Club Project can take up HZA’s easy, quick, and hassle – free infrastructure capitals for making the project a huge success that can be cherished for years to come. [**HZA**](https://axcessnews.com/world/breaking-world/london-property-an-economy-guide-for-investors-looking-into-2019_7739/) is always ready for serving [**real estate developers**](https://www.hankzarihs.com/contact-us/) with the right loan featuring high returns. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** Development Finance Lenders, Development Finance Rates, Property Development Loan, property loans uk --- ### [Airwork House | Estimated to Cost £12M -HZA](https://www.hankzarihs.com/london-bridging-finance-piccadilly-airwork/) **Published:** January 22, 2018 **Author:** Shiraz Khan **Content:** **[London Bridging Finance](https://www.hankzarihs.com/london/):-** Head has submitted a development application for the construction of an Office Workplace at the site Airwork House, 35 Piccadilly, Westminster, London, W1J 0LP. The application is still in the stage of detailed planning. This Brownfield site project will involve demolition of existing structure, in order to construct new structures. Once completed, the floor area for this project will cover 5099 square meters, while the entire site area will cover 600 square meters. ![](https://www.hankzarihs.com/wp-content/uploads/2018/03/Banner-V3_dynamic.gif "- Bridging and Development Finance Solutions") ## [London Bridging Finance](https://www.hankzarihs.com/london-bridging-finance-piccadilly-airwork/) This Brownfield site project will involve the construction of one main structure, with 8 storeys above ground and 2 storeys below the ground level. Upon finishing, the structure will include general offices, restaurants, pubs, bars, commercial kitchens and food retailing units. The café and food retailing units with being constructed in the basement of the structure. The Crown Estate Head Office who manage all estate for the queen has appointed architect DSDHA, who has previously worked on Vesta House, Olympic Village which was a monumental project for the 2012 Olympics. We will have our fingers crossed that planning will be gained shortly due to the building needing a revamp. Mr Samuel Myatt of DSDHA will be the lead architect, while Ms Laura Elias will be heading CBRE Limited Head Office as the primary planner of this project. Mechanical and Electrical engineering consultancy and Sustainability consultancy for the project will be provided by Mecserve PLC. Price and Myers will act as the lead firm for proving consultancy services in the department of Structural engineering and Flood Risk Assessment. Jackson Coles Head Office belongs to the management group on this project. We see no reason for this project flourish, they have an extensive amount of experience and we wish them the best. [**HZA**](http://www.stockhouse.com/blogs/uk-real-estate-blog/november-2018/short-guide-to-buying-property-in-the-uk) is always ready for serving real estate developers with the [**right loan**](https://www.hankzarihs.com/contact-us/) featuring high returns. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** commercial bridgning loan UK, Joint ventures and business partnerships, London Bridging Finance, Property Development Loan, second charge bridging loans --- ### [Bernard Morgan House | Estimated at £10M](https://www.hankzarihs.com/online-refurbishment-loan-bernard-morgan/) **Published:** January 22, 2018 **Author:** Shiraz Khan **Content:** Taylor Wimpey Central London submitted an application for development for 104 residential apartments on 5th July 2016. This Brownfield Site project is set to be constructed on the site Bernard Morgan House, Golden Lane, City, London, EC1Y 0RS. The subcontracted has been awarded for the application, while the detailed approval is still pending. ![](https://www.hankzarihs.com/wp-content/uploads/2018/03/Banner-V3_dynamic.gif "- Bridging and Development Finance Solutions") ## Bernard Morgan house This project will begin in April 2018 and the estimated completion of the project is in April 2020. Once completed, the project will feature 104 residential units in 1 structure, covering a site area of 2100 square meters. The development will include construction of 7 storeys and 2 parking spaces. This [development finance](https://www.hankzarihs.com/refurbishment-finance/) will involve surface car parking for its 2 bedroom apartments and 3 bedroom apartments. Ms Anita Howard of Allford Hall Monaghan Morris is the lead architect on this project, accompanied by Ms Alice Broomfield of DP9 Planning Consultants, who will act as the planner. Mr Michele Beraldo of BB UK Studio Limited is the lead landscape architect for the project. FHP Consulting Engineers Limited Head Office will provide its services in Mechanical and Electrical engineering consultancy, while Walsh Group will assist with the consultation of Structural engineering and Flood Risk Assessment. BBS Granite Concepts Limited is charged with the task of providing consultancy services for the Energy in this project. Transport Consultancy will be headed by Caneparo Associates. The management group includes Dentons, while the primary contractor is McAleer & Rushe Limited. The demolition contract is being held by Greater London Demolition Limited. [Hank Zarihs Associates](https://www.hankzarihs.com/) is always ready for serving real estate developers with the right loan featuring high returns. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** House price in London, Joint ventures and business partnerships, non status bridging loans uk, Online Refurbishment Loan --- ### [Creekside Wharf | 249 Individual Units](https://www.hankzarihs.com/senior-stretch-loan-creekside-wharf/) **Published:** January 22, 2018 **Author:** Shiraz Khan **Content:** **Senior Stretch Loan:-**A development application has been submitted by Essential Living (Warlingham) Limited for the construction of 249 shops, flats and nursery at the site Deptford Creek, Copperas Street & Creek Road, Creekside East, Deptford, London, SE8 3BT. The mixed [**development funded**](https://www.hankzarihs.com/contact-us/) project has been granted subcontract, but it is still pending details approval. Design submitted by Mr Alex Johnson of Assael Architecture Limited covers an area of 267 square meters, including 105 one bedroom houses, 104 two bedroom houses and 40 three bedroom houses. The entire site area is 4800 square meters, and the development falls under the category of “Brownfield Site”. The development will include two basic structures and 249 individual residential and non-commercial units. ![](https://www.hankzarihs.com/wp-content/uploads/2018/03/Banner-V3_dynamic.gif "- Bridging and Development Finance Solutions") ## [Senior Stretch Loan](https://www.hankzarihs.com/senior-stretch-loan-creekside-wharf/) by HZA The project is set to commence in October 2016, and the expected date of completion is in June 2018. During a period of 20 months, the developers will construct residential units, general retailing units, general offices, kitchens, restaurants, pubs, bars and churches. Multistorey and underground parking system was proposed in the submitted design. Decorative landscaping is set to include surface car parking and commercial and estate routes for the ease of travel. Major services include fire escapes, passenger lifts, security systems, detection alarms, entry systems and CCTV monitoring. Footpaths, road surfaces, car parking, new and altered access along with soft and hard landscaping will be a part of this mixed funded development. The estimated cost for this Brownfield site project is £50M. BPTW Partner will join the development as the major architecture planner, while Brock Carmichael Associates Head Office will assist with landscape architecture. Led by Mr Alex Drysdale, Sweco will be consulting with areas involving mechanical and electrical engineering and it will also assist with sustainability consultancy. Walsh group is responsible for providing consultancy for the structural engineering aspects of the development. Mr Johnathan Logan will oversee the project as the head of the management group InnC UK. Various elements of construction will be overseen and headed by different contractors such as Elements Europe Limited, O’Keefe Construction Limited, Gloster MEP Limited and others. We wish them luck in their future endeavours. The project’s developers and investors can easily avail capital from [**HZA**](https://moneyhighstreet.com/risk-losing-your-property-deposit/) for making their infrastructure goal success and obtaining high ROI. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** commercial property finance, property development funding, senior stretch loan, stretched senior development finance --- ### [One Parkside Colville P2 | Cost £60M -HZA](https://www.hankzarihs.com/instant-bridging-finance-parkside-colville/) **Published:** January 23, 2018 **Author:** Shiraz Khan **Content:** **Instant Bridging Finance News**:- London Borough of Hackney has submitted a development application for the construction of Phase 2 of One Parkside Colville Estate on the site One Parkside, Colville Estate, Islington, London, N1 5DB. This mixed funded Brownfield Site project has been awarded subcontract, but it is still pending detailed approval. ![](https://www.hankzarihs.com/wp-content/uploads/2018/03/Banner-V3_dynamic.gif "- Bridging and Development Finance Solutions") ## [Instant Bridging Finance](https://www.hankzarihs.com/instant-bridging-finance-parkside-colville/) The project will include construction of 209 new residential units, a community centre, an energy centre and retail floor space for the community. Furthermore, it will be 8 storeys high, and it will feature 212 parking spaces. The net and gross retail floor space will cover an area of 350 square meters and 900 square meters respectively. General offices, general retailing units, hotels, restaurants, pubs, bars and decorative landscaping will also be included in the construction of this project. The project will be completed in an estimated duration of 24 months, from early May 2016 to early May 2018. Mr Nicholas Ecob of Karakusevic Carson Architects will act as the primary and lead architect for this project, whereas Ms Jane Dann of Tibbalds Planning & Urban Design Limited has been assigned the role of the primary planner for the project. Mr Mark Lemanski of MUF Architecture & Design will be joining this project as the lead Landscape architect. Arcadis will be providing its services as the Quantity Surveyor. Peter Brett Associates will join Eurban Construction for providing consultancy services for Mechanical and Electrical engineering and Structural engineering. Mr Sisa Hwalima and Ms Lisa O’Hagan of London Borough of Hackney is joining the project as a part of the management group. Mr Alan Vaux is the project manager for the primary contractors Higgins Construction Plc Head Office, while Mr Rob Honour is the project manager for the demolition subcontractor Squibb Group Limited. Civils subcontract and Groundworks subcontract is being held by Henry Construction Projects Limited and Togher Construction Limited. Mechanical, plumbing and Heating and Ventilation subcontract have been awarded to H&V Service Plan Limited. TJ Lott Limited currently has the subcontracts for Ceiling finishing, Interior fitting and Wall finishing.The subcontract for Electrical services, security services and fire protection services is being held by East Electric Services. The project’s developers and investors can easily gain access to capital from [**HZA**](http://www.stockhouse.com/blogs/uk-real-estate-blog/november-2018/short-guide-to-buying-property-in-the-uk) for making this big infrastructure aim a huge success. Moreover, with funding from HZA, they can get a [**high return on investment**](https://www.hankzarihs.com/fast-bridging-finance/). ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** commercial loan providers, instant bridging finance, property development finance, residential non status bridging loan --- ### [Equipment Works | Black Forest Road | Mixed Development](https://www.hankzarihs.com/commercial-loan-providers-black-forest-road/) **Published:** January 23, 2018 **Author:** Shiraz Khan **Content:** **Commercial Loan Providers News:-**Telford Homes Plc has submitted a development application for the mixed construction of 337 flats and 1750 square meters of light industrial area. The project is still pending contract and details approval, and the cost of development is £95M. This [**privately funded** ](https://www.hankzarihs.com/contact-us/)development will commence at the site Blackhorse Road, Walthamstow, London, E17 6ND. This Brownfield site project will involve demolition of the existing real estate on the land and construction of 337 units over an area of 1750 square meters. ![](https://www.hankzarihs.com/wp-content/uploads/2018/03/Banner-V3_dynamic.gif "- Bridging and Development Finance Solutions") ## [Commercial Loan Providers](https://www.hankzarihs.com/commercial-loan-providers-black-forest-road/) The development will comprise of 10 storeys, including 152 one bed houses, 127 two bed houses and 58 three bed houses. The development will also feature 19 parking spaces. This private development will include light and high tech industrial construction, warehouses and storage building for industrial purposes. Furthermore, decorative landscaping will include commercial and estate routes. Surface car parking will be a part of this project, along with flats and residential apartments. The services included in this private development range from passenger lifts and fire escapes to CCTV monitoring, facing brickwork and facing blockwork for the wall cladding. Upgraded access, new access, soft and hard landscaping, earthworks and scaffolding will be involved in the project. Surface car parking, road surfacing and footpaths will be included for the comfort of the residents. The project is set to begin in the third quarter of 2018, and the estimated end time is the fourth quarter of 2021. Telford Homes Plc is the lead client on this project, and Parkdale Investments Limited will join them as an associated developer. Designed by DLA Architecture, a robust design has been submitted along with the application. Mr Alex Luria and Mr Chris Levett are the lead architects of the proposed designs. Farrer Huxley Associates, led by Mr Bruno Amador, is in charge of landscape architecture of the development. Mr Mark Hoskins is the point of contact at NTR Planning Limited, which is acting as a planner in this project. Gardiner & Theobald will be responsible for quantity surveys. The consultancy in the areas of mechanical and electrical engineering, structural engineering and civil engineering will be provided by Cundall Johnston and Partners, Elliott Wood Partnership and Buro Happold respectively. The management group includes Gardiner & Theobald and Faithful+Gould Limited Head Office. The entire project will be led by [**commercial loan providers**](https://www.europeanproperty.com/news/5-super-home-improvements-to-build-remodel-value-into-your-property-for-2019/) and contractors Telford Homes Plc. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** bridging loans london, commercial bridge loans, commercial loan providers, house prices london 2018 --- ### [Fulham Reach | 92 units – HZA](https://www.hankzarihs.com/london-property-market-fulham/) **Published:** January 23, 2018 **Author:** Shiraz Khan **Content:** **London Property Market:-**St George Developments Limited has submitted an application for the development of [**residential houses and commercial property**](https://www.hankzarihs.com/refurbishment-finance/) on the site Hammersmith Embankment Site Known as Fulham Reach. An estimated cost of £8.5M will be used in the construction of mixed-use development of 9 storeys, comprising of 92 units. The physical structure will also include an underground storey. The project is still pending contract and details approval. This project is a new build, which means that the construction will be commenced upon the previously vacant property. ![](https://www.hankzarihs.com/wp-content/uploads/2018/03/Banner-V3_dynamic.gif "- Bridging and Development Finance Solutions") ## London Property Market The total number of residential units is 92, including 38 one bedroom houses, 33 two bedroom houses, 17 three bedroom houses and 4 four bedroom houses. These residential units will be paired with commercial units such as offices, corporate workplaces and kitchens. The project will also include a parking area and landscaping structures. This private development features commercial units such as private offices, general and associated offices, cash handling offices, retailing units, kitchens and restaurants, laboratories, R&D workplaces and surface car parking venues. Decorative landscaping, commercial and estate routes and residential houses are also included in this project. The services associated with this development include [passenger lifts](https://axess2.co.uk/passenger-lifts/), fire escapes and safety measures such as temporary fencing around the development. Facing brickwork wall cladding will be accompanied by double glazing. Balconies, safety fences, guard rails, external doors, soft and hard landscaping, stairs and footpaths for pedestrians will also be a part of this privately funded project. Commencement of the project is in 2019, and once finished, the development will cover 553 square meters. St George Developments Limited will oversee and manage the entire project. The lead architect firm is JTP, which will be led by the architect Mr Ian Fenn. Planner and Landscape architects include Quod Planning Limited and Broadway Malyan Head Office respectively. Mr Tom Vernon will act as the planning director, while Mr James Gregory will join the project as the leading landscape architect. Civil Engineering consultancy and transportation consultancy will be provided by PFA Consulting, while the sustainability consultancy will be headed by Richard Hodkinson Consultancy. The lead contractor of this project is St George Developments Limited, which is located at St George House, 16 The Boulevard, Imperial Wharf, Fulham, [London](https://www.hankzarihs.com/london/), SW6 2UB. [**HZA**](https://www.merchantcircle.com/blogs/firespin-new-york-ny/2018/11/Bridge-Loans-An-Effective-Tool-For-Selling-in-Slow-Market/1589800) is always ready for serving real estate developers with the right loan featuring high returns. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** commercial development finance lenders, london house prices by borough, london property market, short term bridging loans --- ### [Mount Pleasant | Cost £35M -HZA](https://www.hankzarihs.com/property-development-loan-mount-pleasant/) **Published:** January 24, 2018 **Author:** Shiraz Khan **Content:** **Property Development Loan:-** A development application has been submitted for the construction of Mount Pleasant at the site Mount Pleasant, Gough Street & Calthorpe Street, Westminster, London, WC1X 0DG. This is a [**privately funded** ](https://www.hankzarihs.com/refurbishment-finance/)Brownfield Site project, which will cover 823 square meters of retail and community space. The development will include 345 flats rising to a staggering 15 storeys. 1 storey will also be built below the ground level. ![](https://www.hankzarihs.com/wp-content/uploads/2018/03/Banner-V3_dynamic.gif "- Bridging and Development Finance Solutions") ## [Property Development Loan](https://www.hankzarihs.com/property-development-loan-mount-pleasant/) Blue Sky Building is the main contractor for this project, but Taylor Wimpey will be taking over once the Blue Sky Building has finished construction on site. This project will include commercial units, residential units, restaurant and pubs, canteens and kitchens, gymnasia and surface car parking. Royal Mail Estates Limited is the main client group on this project. Mr Lee Warr of Feilden Clegg Bradley Architects is the lead architect for this project. D9P Planning Consultants will be the primary planner. AECOM is going to act as the Quantity Surveyor, and Camlins is the lead landscape architecture firm. Hoare Lea will be providing its services for Mechanical and Electrical engineering and Sustainability consultancy. Blue Sky Building is the project manager. Imtech Engineering Services London and South Limited is the fire protection subcontractor, heating and ventilation subcontractor, plumbing subcontractor and security subcontractor. The developers and investors of the Mount Pleasant Project can avail easy and hassle-free capital from[ **HZA**](https://axcessnews.com/world/breaking-world/london-property-an-economy-guide-for-investors-looking-into-2019_7739/) for making their infrastructure goal a huge success. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** best bridging loans, Development Finance Bank, Property Development Loan, Residential Development Finance --- ### [One Parkside Colville P3 | 198 Units -HZA](https://www.hankzarihs.com/equity-financing-parkside-colville/) **Published:** January 24, 2018 **Author:** Shiraz Khan **Content:** Anthology Wembley Parade Limited has submitted a [development](https://www.hankzarihs.com/development-finance/) application for the construction of Phase 3 of One Parkside Colville Estate on the site One Parkside, Colville Estate, Islington, London, N1 5DB. This **publicly funded** Brownfield Site project has been awarded subcontract, but it is still pending detailed approval. The contract type for this project is a general contract, and the project will be constructed on an empty land, without having to demolish existing infrastructure. ![](https://www.hankzarihs.com/wp-content/uploads/2018/03/Banner-V3_dynamic.gif "- Bridging and Development Finance Solutions") ## Equity Financing by HZA The project will be completed in an estimated duration of 30 months, from early June 2016 to early December 2018. 2 structures will be constructed, consisting of 198 residential units, covering a site area of 4.8 Ha. 20 storeys will be erected above the ground level, while 1 storey will be developed below the ground level. The entire project will offer 39 parking spaces for 84 one bedroom, 84 two bedroom and 12 three bedroom houses. This project has earned 4 stars from sustainable homes. Mr Luke Jackson, along with his team of architects from Karakusevic Carson Architects will act as the primary and lead architect for this project, whereas Ms Jeniffer Ross and Mr Darren Carroll of Tibbalds Planning & Urban Design Limited have been assigned the role of the primary planner for the project. Ms Elena Erickson of Vogt Landscape Limited will be joining this project as the lead Landscape architect. Tower Eight will be providing its services as the Quantity Surveyor. AECOM will provide its consultancy services in the department of Mechanical and Electrical engineering and Structural engineering. Mr Sisa Hwalima and Mr Randal MacDonald of London Borough of Hackney is joining the project as a part of the management group. Mr Squibb Westley of Squibb Group Limited will be joining the project as the primary contractors for the demolition. Ground Construction Limited will be in charge of floor and frame construction for this project. Brogan Group holds the subcontract for scaffolding, while the subcontract for interior fitting out was assigned to Walker Modular Limited. Rationel Windows(UK) Ltd is the subcontractor for doors and windows, and 5 Walsh & Sons Limited holds the subcontracts for groundwork and plant construction and management. Heating and Ventilation subcontract, Mechanical service subcontract and plumbing subcontract were awarded to Kane Group Building Services. The developers and investors of the One Parkside Colville P3 Project can avail easy and hassle-free capital from **Hank Zarihs Associates** for making their infrastructure goal a huge success. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** Development Finance Bank, equity financing, fast bridging loans, Residential Development Finance --- ### [Upper Tooting Road Development | Estimated to Cost £15M](https://www.hankzarihs.com/development-finance-lenders-upper-tooting/) **Published:** January 24, 2018 **Author:** Shiraz Khan **Content:** [Development Finance Lenders](https://www.hankzarihs.com/development-finance/):-Barrowfen Properties Limited has submitted a development application for the mixed construction of **residential and commercial property** on the site 180-214 Upper Tooting Road, Tooting, London, SW17 7ER. This Brownfield Site project is in the stage of detailed planning. This project will involve demolition of existing infrastructure on the land and the construction of the new project will commence in April 2018. ![](https://www.hankzarihs.com/wp-content/uploads/2018/03/Banner-V3_dynamic.gif "- Bridging and Development Finance Solutions") ## Development Finance Lenders Upon completion, this mixed development will include 23 one bedroom, 19 two bedrooms and 3 five bedrooms flats for the residents, covering a floor area of 6350 square meters. The complete project will include 47 units in 1 structure, and it will consist of 5 storeys above the ground level. This private development will also include general and retailing office, activity centres for the youth, hotel, motels and travel inns. Mr Dominic Thomas of Chetwood Associates will act as the lead architect for this project, while Mr Jayesh Patel of Peter Pendleton & Associates will accompany his as the primary planner for this project. Consultancy in the field of Structural and Civil Engineering will be provided by Tully De’Ath Consultants Head Office. Sustainability and Transport consultancy will be provided by Mendick Waring and Transport Planning Associates. Jessop Associates will be primary Surveyor of the project. The investors and developers of the Upper Tooting Road Project can take up [Hank Zarihs Associate’s](https://www.hankzarihs.com/) easy, quick, and hassle – free infrastructure capitals for making the project a huge success that can be cherished for years to come. Hank Zarihs Associates is always ready for serving real estate developers with the right loan featuring high returns. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** Development Finance Bank, Development Finance Lenders, Development Finance Rates, Property Development Loan --- ### [Vauxhall Bridge Road | Project Estimated to Cost £18M](https://www.hankzarihs.com/online-equity-financing-vauxhall-bridge/) **Published:** January 25, 2018 **Author:** Shiraz Khan **Content:** **Online Equity Financing:-** Designed by the lead architect Mr Mark Wood of Dexter Moren Associates, 4c Hotels has submitted a development application for the construction of Hotels and Apartments on the site 268-282 Vauxhall, Bridge Road, Westminster, London, SW1V1BB. This project is in the process of detailed planning. This [**privately funded**](https://www.hankzarihs.com/commercial-finance/) Brownfield Site project will involve demolition of existing structure, in order to construct new hotels, restaurants and apartments. Once completed, the floor area for this project will cover 4897 square meters, while the entire site area will cover 722 square meters. ![](https://www.hankzarihs.com/wp-content/uploads/2018/03/Banner-V3_dynamic.gif "- Bridging and Development Finance Solutions") ## Online Equity Financing This project will involve the construction of 1 structure, with 2 main units. 9 storeys of this project will be erected above the ground level, while 2 storeys will be developed underground. Two 2-bedroom houses will also be created for this project. Once finished, this privately funded project will include hotels with bars, restaurants, kitchen, changing rooms, soft and hard landscaping, gymnasia and sports centres. While Dexter Moren Associates will be the lead architecture firm for this project, Mr Thomas Brooke will lead RPS CgMs, which will be the primary planner firm of this project. Mechanical and Electrical Engineering consultancy and Sustainability consultancy will be provided by Sabinus Consultancy Limited and Barrett Mahony Consulting Engineers respectively. Mr David Barden Barrett of Mahony Consulting Engineers will also assist with consultation regarding the Civil Engineering aspect of this project. Transport consultancy and Flood Risk Assessment will be covered by TTP Consulting and Ambiental Technical Solutions respectively. The investors and developers of the project can benefit profoundly from the real estate capitals offered by HZA. [**HZA**](https://www.thehouseshop.com/property-blog/making-your-property-more-saleable-with-unique-features/18627) works with the motive to ensure project success through its easy loan policies. HZA works with the motive to ensure project success through its easy loan policies. [**HZ Associates**](https://www.hankzarihs.com/contact-us/) is always ready for serving real estate developers with the right loan featuring high returns. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** bridging finance loans london, Commercial property loan, Fast Commercial Bridging Loans, Online equity financing --- ### [Westferry Printworks | Residential 722 units](https://www.hankzarihs.com/short-term-loans-westferry-printworks/) **Published:** January 25, 2018 **Author:** Shiraz Khan **Content:** **Short Term Loans:-** Northern and Shell PLC has submitted a new [**Development Application**](https://www.hankzarihs.com/commercial-finance/) (DA) for several buildings, ranging from 4 to 30 storeys, at the site 235 Westferry Road, Poplar, London, E14 8NX. The project has been awarded subcontract, but details approval is still pending. The privately funded project is worth £200M, and it has been granted detail planning for 722 residential units, corporate offices, state secondary school, retail units, restaurants and parking structures. ![](https://www.hankzarihs.com/wp-content/uploads/2018/03/Banner-V3_dynamic.gif "- Bridging and Development Finance Solutions") ## [Short Term Loans](https://www.hankzarihs.com/short-term-loans-westferry-printworks/) Once approved, the 9 structures of this project would cover a floor area of 19305 square meters. Comprising of 722 units, the structures would contain residential units, ranging from one-bedroom design to four-bedrooms design. 328 parking spaces would be allotted to accommodate the entire project. Furthermore, this project would also include bars, restaurants, decorative landscaping and commercial access and estate routes. The existing buildings on the site have been demolished as of 2nd September 2017. The project will commence on the site, also known as Brownfield site, from the first quarter of 2019, and it will be finished in the first quarter of 2024. During a period of 60 months, 9 steel frame structures would be constructed, including services such as passenger lifts, fire escapes, car parking surfaces and cycle routes. Furthermore, security systems will include sprinklers, detection alarms, door entry systems, CCTV, intercom systems and a permanent fence around the project. Aluminum framed windows will be installed on stone cladding walls. The basic structure would consist of concrete, bricks and blocks. Once finished, the buildings would serve as an integral part of the society, and accommodate over 700 families, personnel, state secondary school, kitchens and corporate offices. The client group behind this [**privately funded**](https://www.thehouseshop.com/property-blog/making-your-property-more-saleable-with-unique-features/18627) project is Northern and Shell PLC of London. Mr Richard Desmond is currently the director of this organization. This project would be led by PLP Architecture, which will be acting as the Master Planner of this venture. The architect, Mr Mark Kelly will be in charge of the whole operation. The architect aspect of this project will also include two more architecture and planning organizations, who will act as consultants. DP9 Planning Consultants and LUC will be led by Ms Rachel Crick and Mr Edward Phillips respectively. The mechanical and electrical engineering department of the project would be controlled by Blyth & Blyth Central House. This project by Northern and Shell PLC has already earned 4 stars for its sustainable homes, and an excellent BREEAM rating. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** cheap bridging loans, commercial development finance lenders, Development Finance Lenders, short term loans --- ### [Paris Gardens & Hatfields | Estimated to Cost £150M](https://www.hankzarihs.com/online-construction-loans-paris-gardens/) **Published:** January 25, 2018 **Author:** Shiraz Khan **Content:** **Online Construction Loans:-**The development application for the construction of Office, retail and restaurant, at the site 1-5 Paris Garden and 16-19 Hatfields, Southwark, London, SE1 8ND, has been submitted by Overcourt Limited. The application is pending the approval of detailed planning. This [**privately funded**](https://www.hankzarihs.com/commercial-finance/) project is being categorized as a Brownfield Site project. ![](https://www.hankzarihs.com/wp-content/uploads/2018/03/Banner-V3_dynamic.gif "- Bridging and Development Finance Solutions") ## [Online Construction Loans](https://www.hankzarihs.com/online-construction-loans-paris-gardens/) The floor area for this project will cover an area of 60751 square meters, whereas the site area will cover 6500 square meters. Following the demolition of existing infrastructure on the site, the project will involve the erection of 1 structure including 26 storeys. 2 of the storeys will be developed below the ground level. The development will feature office space, retailing offices and restaurants, with roof terrace access. Kohn Pedersen Fox (International) PA has been assigned the role of the lead architect, and they will be joined by Gerald Eve (Head Office), who will act as the primary planners. Mr David Ravenscroft of Andy Sturgeon Landscape and Garden Design will be taking the role of the lead landscape architect, while Core Five LLP will provide their services as Quantity Surveyor. The consultant group includes Sweco as Mechanical and Electrical engineering consultants, AKT 2 as Structural engineering consultants and Caneparo Associates Head Office as Transport Consultants. The developers and investors of the Paris Gardens & Hatfields Project can avail easy and hassle-free capital from **HZA** for making their infrastructure goal a huge success. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects --- ### [Merchant Square | from brownfield to 17 Storey](https://www.hankzarihs.com/online-bridge-loan-merchant-square/) **Published:** January 26, 2018 **Author:** Shiraz Khan **Content:** **Online Bridge Loan:-** European Land submitted a development application on 3rd December 2010 for the construction of Merchant Square Building 2. The chosen site is Building 2, Merchant Square, Harbet Road, Paddington, London, W2 1AJ. This is Brownfield Site project, which will include demolition of existing infrastructure and construction of a 17-storey building. This [**privately funded**](https://www.hankzarihs.com/fast-bridging-finance/) Brownfield Site project will cover a floor area of 22637 square meters and a site area of 1700 square meters. ![](https://www.hankzarihs.com/wp-content/uploads/2018/03/Banner-V3_dynamic.gif "- Bridging and Development Finance Solutions") ## [Online Bridge Loan](https://www.hankzarihs.com/online-bridge-loan-merchant-square/):- HZA This project will begin construction in October 2018. It will feature 1 structure, which will rise up to 17 storeys high. 2 of the developed storeys will be below the ground level. The development will provide 13 parking spaces and the net retail floor space will cover an area of 4400 square meters. The development will include the construction of general offices, retail units, high tech offices, restaurants, pubs, bars, canteens, audience centres, conference centres and surface car parking. Ms Shaula Zanchi of Robin Partington Architects will act as one of the lead architects for the project. She will be joined by Mr Andy Jordan of Reef Associates and Mr Dave Brown of Focchi Limited. Mr Chris Beard of DP9 Planning Consultants will be the primary planner for this project. Mr Robert Townsend of Townshend Landscape Architects has been assigned the role of the lead landscape architect. He will be joining architects from Peter Stewart Consultancy and Ginkgo Projects Limited. Arcadis Head Office will be the Quantity Surveyor, along with Core Five LLP. Mechanical and Electrical engineering consultancy services will be provided by Mr Alan Herbert and Mr Matthew Lewis of Hoare Lea. Structural engineering and Civil engineering consultancy will be conducted by WSP Parsons Brinckerhoff (Head Office). EB7 Limited will provide its consultancy services in the field of Sustainability. JRL Group Limited currently holds the Civils subcontract, demolition subcontract, floors subcontract, foundations subcontract and groundworks subcontract. The plant subcontractor was given to London Tower Crane Hire. [**HZA**](https://www.europeanproperty.com/news/5-super-home-improvements-to-build-remodel-value-into-your-property-for-2019/) works with the motive to ensure project success through its easy loan policies. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** Bridging Finance, Development and Refurbishment Finance, online bridge loan, short term loans --- ### [Brexit effect on UK property market will be ”short-lived”](https://www.hankzarihs.com/uk-property-market-brexit/) **Published:** July 4, 2016 **Author:** Shiraz Khan **Content:** The **UK property market** will recover quickly from the turbulence resulting from Brexit, says a Nottingham expert. Richard Reed, head of [property](https://www.hankzarihs.com/bridging-finance/) at John Pye Property – part of John Pye Auctions – believes more people will begin to use online auctions to boost their portfolio during a time of uncertainty. [![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## [UK property market](https://www.hankzarihs.com/uk-property-market-brexit/) – HZA More than £5m of stock, featuring 39 [**residential and commercial investment**](https://axcessnews.com/world/breaking-world/london-property-an-economy-guide-for-investors-looking-into-2019_7739/) lots, is included in the firm’s online auction from Wednesday, July 6, to Thursday, July 7. Mr Reed said: “It’s no surprise that the decision for England to leave the EU will create uncertainty in the market but we are confident that this will be short-lived. “Online auctions offer buyers and sellers a convenient way to manage property sales during this time and investors can benefit from yields of between six and more than 17 percent in this month’s auction. Despite the concerns surrounding the result of the EU referendum over the past few months, many vendors have committed to selling their property in our July auction. Equally, there has been substantial number of enquiries from buyers, keen to secure their next property investment. From the level of interest shown to date, in all our lots, it is clear the July auction will see competitive bidding across the board. Selling through our online auction gives our sellers the added benefit of a zero percent seller fee and nil marketing costs, meaning they are experiencing great value for money, especially in the current market.” ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, mycrousal, News **Tags:** London Bridging Finance, property development finance News, Property Development Loan, UK Property Market --- ### [Amundi Defies Brexit with €850m European Splash](https://www.hankzarihs.com/commercial-property-market-european/) **Published:** July 5, 2016 **Author:** Shiraz Khan **Content:** Amundi Real Estate has defied post-Brexit negative sentiment by completing an €850m acquisition of a prime pan-European office portfolio from German fund manager KanAm. The deal, which was not binding until after the EU referendum, will come as a welcome injection of confidence to the **commercial property market** which has seen a number of high profile investment deals waver since 24 June. ![Banner V2 dynamic](https://www.hankzarihs.com/wp-content/uploads/2016/07/Banner-V2_dynamic.gif "Banner-V2_dynamic - Bridging and Development Finance Solutions") ## Commercial Property Market Amundi has bought the 155,000 sq m (1.66m sq ft) portfolio, which comprises five core office properties in France, Netherlands and Luxembourg. Three of the portfolio’s properties are located in Paris, including the 46-storey Tour Egee in the La Defense region of Paris, 53 Quai D’Orsay on the bank of the Seine near the French parliament and the 21,466 sq m Le Stadium, which completed in 2003. The other properties include Espace Petrusse – ArcelorMittal’s 20,224 sq m Luxembourg headquarters – and the 17-storey PwC Tower in Rotterdam. Bloomberg reported that the French real estate fund manager agreed exclusivity on the deal in May, but the final deadline for Amundi’s binding offer was set for after the referendum. The deal comes as other European fund managers put high-profile acquisitions on ice. Union Investment said immediately after the UK voted to leave the EU that it had abandoned three major property acquisitions in Europe: one in each of London, Brussels and Paris. However, Union has denied reports since then that it has walked away from a £500m purchase of Cannon Place in the City of London, telling *CoStar News*: “We had no option on this building so we are not “stepping back” from it as a result of the “Leave”referendum.” ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, mycrousal, News **Tags:** bridging finance loans london, commercial property market, Development and Refurbishment Finance, halifax property development finance --- ### [Chinese and British Officials flirt with Possibility of an Early Post](https://www.hankzarihs.com/chinese-british-bridging-finance-uk/) **Published:** July 8, 2016 **Author:** Shiraz Khan **Content:** Chinese officials are open to launching trade negotiations with Britain in the aftermath of the Brexit vote, raising hopes that the UK’s economy can receive a boost after it leaves the EU. Critics of Brexit warned that the UK could find itself alone and cut off from the world economy outside the EU, but the indications from China are that deals are possible. ![Banner V2 dynamic](https://www.hankzarihs.com/wp-content/uploads/2016/07/Banner-V2_dynamic.gif "Banner-V2_dynamic - Bridging and Development Finance Solutions") ## Bridging Finance Uk Xing Houyuan, an official in the state-backed Chinese Academy of International Trade and Economic Cooperation, told government mouthpiece the *China Daily* that China is being frustrated by the EU. The “situation in Western Europe will push China and the UK to make a trade treaty,” the publication said. British trade minister and former Waitrose boss Lord Price is in Hong Kong where he talked up the possibility of trade deals with emerging markets including China. “I’m optimistic about the future: particularly in helping create a second Elizabethan Golden Age. The first Golden Age was based on peace, prosperity, new trading markets and a flourishing of the arts,” he told the British Chamber of Commerce in Hong Kong, adding that he is pushing for “a continued close trading relationship with Europe.” “There’s also a prospect for striking new deals with Canada, New Zealand and Australia which could form the beginning of a Commonwealth trading pact.” “And to the opportunities in the East, where for centuries British merchants have traded with China for tea, white gold and porcelain as well as with Japan, South Korea and other Asian nations,” said Lord Price. At the same time Commerce Ministry spokesman Shen Danyang was positive on the outlook for more **Bridging Finance Uk and investment** into the UK. “The global investment environment will be more transparent and create more chances in different fields for new investment,” Mr Shen told the government-owned publication. “Therefore, Chinese companies’ outbound direct investment will remain positive and stable.” China’s government wants to export $1 trillion of services per year and has set the country’s firms targets to invest $720bn overseas over the next four years. Britain has not negotiated a trade deal for decades as EU membership meant Brussels was responsible for international treaties. As a result the UK has few trade specialists among the civil service, at a time when the country needs to negotiate a new arrangement with Brussels as well as the 50 countries with which the EU has deals, on top of extra treaties the UK will want to draw up with the rest of the world. One way out would be to borrow or hire negotiators from elsewhere – New Zealand has already offered to loan staff to the British civil service. It may prove easier for the UK to strike new deals with non-EU countries. As well as Ms Xing warning that the Chinese deal with the EU is becoming bogged down, the Transatlantic Trade and Investment Partnership (TTIP) between the EU and US is beset with difficulties. While the UK may be able to deal with countries such as China, President Barack Obama has repeatedly said that Britain would be “at the back of the queue” for a treaty with the US. [JV finance and equity loans](https://www.hankzarihs.com/equity-joint-ventures/) ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, mycrousal, News **Tags:** Bridging Finance Uk, bridging loan interest rates, commercial bridge loan, short term bridging loans --- ### [Brexit: UK Property Prices Won’t Crash -HZA](https://www.hankzarihs.com/brexit-uk-property-prices-wont-crash/) **Published:** July 8, 2016 **Author:** Shiraz Khan **Content:** Although [**UK Property Prices**](https://www.hankzarihs.com/brexit-uk-property-prices-wont-crash/) may likely become cheaper, they are not expected to crash following Britain’s exit from the European Union, consultants told **PropertyGuru**. “Property prices should not plummet. They don’t make land anymore and the UK already has a shortage of houses, so this should keep prices fairly stable. The government revised the stamp duty last April and this has slowed the market for multi-million pound properties,” said Stuart Shield, Publisher of International Property Media. ![Banner V2 dynamic](https://www.hankzarihs.com/wp-content/uploads/2016/07/Banner-V2_dynamic.gif "Banner-V2_dynamic - Bridging and Development Finance Solutions") ## UK Property Prices Brett Alegre-Wood, Founder of YPC Group, expects property prices to drop by around 15 percent initially due to the weakened pound, “but it will quickly recover to around five to 10 percent down”. One of the first outcomes from the result of the referendum is that the value of the pound will inevitably fall in the near-term, as will the stock market, said Knight Frank. As of Monday morning, the Sterling is down by around two percent against the US dollar at $1.34. With this, London may see property prices fall by about five percent, and “maybe the same or less up north”, said Alegre-Wood. “It’s important to realise that prices haven’t risen much outside London since the last recession, so they are unlikely to fall further,” he said. “London has a bit of room to move, but international clients moving in due to the suppressed currency will prop up prices.” While he does not expect **property prices** to tumble, he foresees some panic selling over the next couple of months from buyers who over-committed. “But it will settle,” he said. “My advice is to wait and see for a week, then consider your options. Things will be more stable then and we will have a clearer idea. A knee-jerk reaction is never the best course in these circumstances as property investors. “If anything, it’s a massive bonus for Asian investors who have slowed down buying due to the rising pound as the UK economy got better. Now they will get a once in a lifetime discount, but only for the next three months,” he added. David Hannah, Cornerstone Group’s Principal Consultant, noted that the UK property market will remain an attractive proposition for the global community. “With the Brexit question now answered, we can expect an influx of activity in the market over the summer months from domestic and international buyers, as it was the uncertainty, rather than the actual outcome that has been stalling the market over recent months,” he said. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, mycrousal, News **Tags:** UK Property Market, uk property market forecast, UK property prices --- ### [The Cheesegrater finally fills Up in post-Brexit Boost for Property Market](https://www.hankzarihs.com/brexit-boost-uk-property-market/) **Published:** July 11, 2016 **Author:** Shiraz Khan **Content:** The City’s Cheesegrater skyscraper is finally full, its developers have declared, giving a major boost to a **commercial property market** wobbling in the wake of the Brexit vote. The companies behind the 225 metres-tall tower in the heart of the Square Mile’s insurance district, British Land and Oxford **Properties**, have struck deals with existing tenants Kames Capital, Rothesay Life and Amlin to take last three floors of the building. ![](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions") ## **UK Property Market** Two of the three leasing deals for the tower, formally known as the Leadenhall Building, have been completed since the referendum. Kames is understood to be paying a record City rent of more than £100 a square foot for the 43rd floor. The Cheesegrater and its rival Walkie-Talkie were the first two tower developments to rise out of the ashes of the **financial** crisis in London. British Land’s head of offices Tim Roberts said the deals represented a “significant milestone”, adding: “To receive commitments from occupiers so soon after the EU referendum is not only a tremendous endorsement of the building, it underlines the enduring appeal of London.” Although the UK’s status outside the EU is uncertain, leasing agents say that a shortage of office supply is still giving landlords the advantage for the moment. One asked: “What can the occupiers do?” But other sources say tenants are now looking for much more flexibility from landlords, including three-year break clauses to reassess space needs when EU negotiations are completed, while the more expensive West End market could be worse hit. Industry sources say the post-Brexit turmoil has had more impact on the buying and selling of buildings in London with hundreds of millions in sales, including the Cannon Place headquarters of the CBI, pulled. One investment agent said: “London is still a world city but the investment market is having a proper wobble. We think around a third of the deals are dead, a third in intensive care, and a third continuing. “But the money from the Middle East and Asian region is not going away. If you have a 7%-10% fall in prices and a 10% fall in the value of the pound, it’s 20% off — buy five, get one free.” US bank Wells Fargo is expected to spend £200 million on a new City headquarters shortly in another shot in the arm for the capital. And Sweden’s richest man, H&M chairman Stefan Persson, spent £400 million on Debenhams’ Oxford Street flagship last week. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, mycrousal, News **Tags:** UK Property Market, uk property market forecast, uk property market forecast 2019, UK property prices --- ### [TH Real Estate to Refinance £1.1bn UK Portfolio](https://www.hankzarihs.com/bridging-loan-uk-portfolio/) **Published:** July 11, 2016 **Author:** Shiraz Khan **Content:** TH Real Estate has instructed Eastdil Secured to help refinance the seven core UK properties in its Cityhold Office Partnership, valued at nearly £1.1bn. Cityhold Office Partnership is a €2.2bn pan-European office joint venture vehicle between US institution TIAA-CREF and Sweden’s AP1 & AP2. ![](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions") ## Bridging Loan by HZA The UK super-prime property portfolio, valued at around £1.085bn, comprises six built assets and one development site, all in London totalling 1.35m sq ft. They are: - The 332,448 sq ft ‘Can of Ham’ development site at 60-70 St Mary Axe, EC3 - The Peak Victoria, SW1, bought by Cityhold Property from Heron International in December 2012 for £113m – 5%. - Belgrave House, SW1, bought for £108m in 2011 in a 50:50 joint venture with Grosvenor. - One Kingdom Street, W2, bought as Cityhold’s debut acquisition in London for £230m in December 2011, reflecting a yield of 6%. - 60 Great Portland Street, W1, Great Portland Estates’ former owned headquarters which TH Real Estate bought in January this year for £102.1m, reflecting a 3.89% yield. - 12-14 New Fetter Lane, EC4, a 151-year lease in which was sold to TH Real Estate for £165.8m in November 2014, reflecting a 4.5% yield. The building is law firm Bird & Bird’s new London headquarters. - 40 Holborn Viaduct, EC1, bought by Cityhold in August 2012 for £141.5m – a 5.25% yield. It is understood that TH Real Estate is looking for a Loan to Value ratio of 50%, so would require around £542m of debt. The other properties in the portfolio, not up for refinance, are located in Germany and France. TH Real Estate secured a €231m bridging loan in September last year on behalf of the Cityhold Office Partnership. The 18-month facility was provided by ING, an existing lender for TH Real Estate throughout Europe, on competitive terms. The debt facility was allocated over six of the existing assets. Financial services provider TIAA-CREF and the Swedish National Pension Funds AP1 and AP2 combined forces in August last year to create the pan-European office investment platform. TIAA-CREF’s affiliate, TH Real Estate, brought the parties together and has been managing the vehicle on the investors’ behalf, providing investment and asset management services. The joint venture was seeded with existing properties owned by the TIAA General Account, AP1 and AP2, creating an initial platform valued at €2.2bn. The venture has also undertaken an active investment program with new capital from the TIAA General Account, AP1 and AP2 targeting an additional €2bn of investment in its initial three years. The JV is primarily targeting ‘core’ investments in Tier 1 cities such as London, Paris, Munich, Hamburg, Frankfurt and Berlin. Additionally, the investment program will invest in ‘value-add’ opportunities such as leasing, renovation and development opportunities in Tier 1 cites, or stabilised core investments within Tier 2 cities that include Madrid, Milan and Amsterdam, among others. TH Real Estate declined to comment. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, mycrousal, News **Tags:** 2nd charge bridging loan, Bridging Loan, bridging loan companies, bridging loan interest rates --- ### [One of Britain’s biggest House Builders Says the Property Market is ‘Encouraging’ after Brexit](https://www.hankzarihs.com/uk-housing-market-property/) **Published:** July 27, 2016 **Author:** Shiraz Khan **Content:** Taylor Wimpey, one of the UK’s biggest housebuilders, is striking a surprisingly upbeat tone in its half year results and is so far shrugging off Britain’s vote to leave the European Union with ease. In an update released on Wednesday, the FTSE 100 company says that despite the vote to leave the EU, trading has so far remained resilient and that there had been no discernible impact from the referendum so far. Many analysts and market watchers had expected a slowdown in activity in the **housing** **market** post-Brexit and a fall in prices. Stockbroker finnCap predicted recently that house prices in Central London could fall by as much as 20%. But Taylor Wimpey is largely confident about what comes next. Online estate agent Rightmove on Wednesday also said it remains confident about its future, regardless of the referendum. ![](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions") **UK Housing Market:-**Here are the key extracts from the Taylor Wimpey’s statement (emphasis ours): “Whilst it is still too early to assess what long-term impact the EU Referendum result will have on the UK housing market, there has been **no meaningful change to date**, with trading in the last month at a normal seasonal range with a net private sales rate of 0.65. The net private sales rate for the year to date (w/e 24 July 2016) is 0.77 (2015 equivalent period: 0.78). “Since 24 June, the early forward confidence indicators amongst homebuyers, together with the continued competitive lending by mortgage providers, have been **encouraging and support confidence in the resilience of the UK housing market**. We are monitoring both our own internal measures of customer confidence and external data closely.” While Taylor Wimpey is generally upbeat, it did caution that it cannot predict the future, adding that the longer-term impact of the referendum is uncertain. The company put its money where its mouth is, confirming that it will pay a special dividend of £300 million, or about £9.20 a share, in July 2017, as well as an interim dividend of 0.53p a share in October this year. Taylor Wimpey’s results in general were largely positive, with the firm increasing profits and revenues from the same period in 2015. Here are some of the highlights from the half-year report: - Revenues up 9.1% to £1.46 billion from £1.34 billion in H1 2015; - Profits up 9.1%. to £279.1 million against 2015’s £255.9 million; - Operating profit margin unchanged at 19.2%; - Earnings per share up from 5.8p to 6.6p; - Total return on net operating assets of 25.2% against 23.2% in the first half of 2015. Another major property-based firm, Rightmove, also released a broadly positive trading update on Wednesday. Rightmove, the [online property portal](https://www.hankzarihs.com/refurbishment-finance/), said it remains confident about its future regardless of the referendum, and said that it enjoyed a strong start to 2016. Here are Rightmove’s key figures for the first half of the year: - Revenues rose 16% to £107.9 million; - Pre-tax profit improved to £80.6 million from £66.6 million during the same six months in 2015; - Interim dividend to shareholders increased by 19% to 19p a share. It is still only one month since the referendum, but Taylor Wimpey’s strong results seem to corroborate the view of analysts at Credit Suisse, who argued in a recent note that Britain’s housebuilders are set to get a boost in the aftermath of Brexit. Original Article – https://uk.finance.yahoo.com/news/one-britain-biggest-house-builders-072618714.html ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, mycrousal, News **Tags:** Bridge Finance Uk, UK house prices, UK housing market, uk housing market news --- ### [Next Five Years House Prices Expected To rise to £40,000](https://www.hankzarihs.com/house-prices-rise-eu-tremors/) **Published:** July 28, 2016 **Author:** Shiraz Khan **Content:** The UK House prices will still be around £40,000 more in five years’ time despite the “tremors” caused by the Brexit vote, according to forecasts from one think-tank. The Centre for Economics and Business Research (Cebr) said that while property values are expected to show weaker growth for the rest of 2016 and into 2017, the general direction of prices is still expected to be up. ![](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions") The increases mean the average UK house price could rise from £194,000 in 2016 to £234,000 in 2021 – a jump of of £40,000. The economic forecaster said despite “post-Brexit tremors”, house prices are set to increase by 5.7pc over 2016 as a whole. Earlier this year, annual house price growth was running as high as 8pc, but Cebr expects to see a slowdown in house price growth over the second half of this year. This slower growth will be caused by a three percentage point stamp duty hike which came into force for buy-to-let investors on April 1, combined with the general economic uncertainty following the referendum vote to leave the EU. Next year, UK property values are forecast to increase at a slower pace of 2.2pc – although in London house prices are expected to fall by 5.6pc in 2017. Cebr said London house prices are expected to increase by 6.8pc across 2016 – and after a blip in 2017 they are expected to return to growth there in 2018 and beyond. It said the top end of the London housing market, which has attracted strong interest from foreign investors in recent years, was “showing cracks well before the vote on June 23”. Cebr said: “Some of the global regions that many of London’s non-UK buyers come from such as Russia and the Middle East are experiencing economic turmoil and are not as able to invest.” Many housing market reports have pointed to a lack of available properties helping to keep house prices up. Cebr said it expects the impact of Brexit on the housing market to be smaller as Brexit negotiations progress. The expectation is in line with Cebr’s central view of the negotiations progressing relatively smoothly, with the UK ultimately maintaining a close economic relationship with the rest of the continent, without necessarily agreeing to an unrestricted flow of labour or goods and services. Beyond 2021, housing market [developments ](https://www.hankzarihs.com/development-finance/)will depend heavily on the immigration and economic policies the UK negotiates with the rest of the world, Cebr said. Nina Skero, Cebr senior economist and the main author of the report, said: “Although Brexit has certainly sent shockwaves, Cebr expects the housing market to slow down but not plummet. “Years of underbuilding mean that demand would have to fall very dramatically to meet the low level of supply increases. “Keeping in mind that construction companies are very likely to limit their output further in light of Brexit, price pressures will also come from the supply side.” [Original article](https://www.telegraph.co.uk/business/2016/07/28/house-prices-to-rise-40000-in-the-next-five-years-despite-eu-tre/) ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, mycrousal, News **Tags:** house prices in london, house prices london 2019, london house prices by borough, UK house prices --- ### [CEBR Issues Positive Report on UK Property Market](https://www.hankzarihs.com/cebr-uk-property-prices/) **Published:** July 29, 2016 **Author:** Shiraz Khan **Content:** The economic think tank the Centre for Economics and Business Research (CEBR) has issued a very positive report on prospects for the UK property market. Despite the doom and gloom being peddled by some experts it seems that all is not lost for the UK property market in light of the Brexit vote. So, what can we expect in the short to medium term for UK property prices? ![](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions") **Short-term prospects** The report confirms that UK property prices increased by 5.2% in the year to July 2016 with the average price now standing at £205,715. While many would have you believe that the Brexit vote has brought the UK property market to a standstill this does not appear to be the case. Forecast growth in UK property prices is expected to hit 5.7% in 2016 and while this will fall to 2.2% in 2017 this is likely to be a much better performance than the U.K.’s European counterparts. The only downside in the short term is that what many see as inflated London property prices are forecast to fall by 5.6% next year after which they will start to pick up again. **Recent tax changes** Many people believe that the recent increase in property related taxes is as much to do with the short term reduction in property purchase enquiries as the Brexit vote. It is also worth noting that many people brought forward property purchasers to beat the increase in taxation therefore leaving something of a lull from April onwards. While it would be foolish to suggest that the European referendum vote has had no impact upon investor sentiment perhaps much of this has been overdone. Many media outlets have failed to pick up on the fact that potential sellers have pulled their properties from the marketplace leading to a shortage of suitable properties for those still willing to invest. This in itself should help to support property prices in the short to medium term while markets adjust to what will be a new world for the UK going forward. The chances are that the UK will still have access to the European single market being one of the largest economies in the world. **Labour market** A number of countries have already stepped forward to take their place in the queue to discuss direct trade relations with the UK in the future. Australia, New Zealand, India and even the USA are now set to pursue individual trade arrangements with the UK as opposed to a block arrangement with European Union – which can take years to resolve. The UK property market will obviously be impacted by the future shape of the UK labour market but at this moment in time there is no need to panic. The forecast fall in London property prices could be seen as a deflating of what has been a very buoyant and potentially overvalued market. This will “blow the froth off the top” of the market with a strong core of buyers waiting in the wings. This report by the CEBR is the most positive yet after the Brexit vote and seems to be based upon sound economic assumptions. Original Article – http://www.propertyforum.com/property-in-the-uk/cebr-issues-positive-report-on-uk-property-market.html ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, mycrousal, News **Tags:** Bridging Finance Rates, new build developer loans, property development finance, UK Property Market, UK property prices --- ### [House price boost for homeowners in Olympic boroughs like Hackney, Greenwich, and Tower Hamlets](https://www.hankzarihs.com/us-house-price-olympic/) **Published:** August 1, 2016 **Author:** Shiraz Khan **Content:** Homeowners in the six Olympic and Paralympic boroughs have enjoyed a legacy of faster rising property prices in the four years since the Games, a report claims today. Major investment and regeneration in Hackney, Newham, Barking and Dagenham, Greenwich, Tower Hamlets and Waltham Forest has helped push prices up by 64 per cent on average since the Opening Ceremony in July 2012. ![](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions") This is 11.2 per cent more than the London average of 52.8 per cent, according to research from crowdfunding firm Property Partner. The biggest rise of all was in Waltham Forest, which hosted the wheelchair tennis event, with a 76.6 per cent uplift to an average of £418,146. Hackney came third with a 66.9 per cent rise to £ 541,337. ## US House price Dan Gandesha, chief executive of Property Partner, saids: “London 2012 was the catalyst for a flood of investment into the capital, much of which was injected into regenerating some of the capital’s most disadvantaged boroughs. “The economic legacy of the Games – supporting new jobs and skills, encouraging trade, inward investment, tourism and improved transport links – has meant a corresponding rise in house prices in the six host boroughs. The economic, social and environmental gap between these boroughs and the rest of London is closing. “Over the next few years, the capital will further benefit from significant infrastructure projects – particularly Crossrail where areas that were relatively inaccessible will suddenly be on London’s doorstep. In turn, like the Olympic effect, house prices around Crossrail’s 40 stations are continuing to see an upward trend despite post-Brexit uncertainty. “The reality is, no one can say for sure what will happen just now. But the fundamentals of the capital’s housing market are self-evident – demand far outstrips supply, which is further exacerbated by population growth and low borrowing costs. “Moreover, the Bank of England is likely to reduce base rates even further in the very near future.” ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, mycrousal, News **Tags:** best bridging loans, Commercial Refurbishment Loans, Development and Refurbishment Finance, US House price --- ### [50,000 London Pensioners Are Property Millionaires!](https://www.hankzarihs.com/short-term-loans-london-pensioners/) **Published:** August 4, 2016 **Author:** Shiraz Khan **Content:** More than 50,000 over-65s in London live in properties worth more than £1m – giving them a combined property wealth of almost £130bn. New research has found that all but two London boroughs are home to pensioners in million-pound houses – and that almost £70bn of pensioners’ property wealth is concentrated in just 13 square miles across two West London boroughs. ![](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions") ## Short Term Loans While young Londoners spend tens of thousands on rent before they can afford to buy a house, pensioners hold tens of billions in property wealth as they feel the benefit of rapidly increasing house prices. In many cases these older homeowners would have bought their properties for a fraction of today’s prices. They would have benefited too from higher inflation, eroding the value of their mortgages relative to their incomes. Over 10,000 of the residents of Kensington and Chelsea are over-65s who live in properties worth at least £1m – or 6.3pc of the borough’s population of 160,000. The second most affluent borough for pensioner property wealth is Westminster, where 7,152 people are over-65s whose homes are worth more than £1m. - Generation rent: young, married, pregnant and stuck in a house share - Mapped: the tenancy fees faced nationwide by ‘generation rent’ - Reader Service: Looking to release cash from your home. Get the facts with the FREE Telegraph Equity Release Guide Camden, which includes areas around leafy Regent’s Park and Hampstead, has 7,775 property millionaires aged 65 or over. Just two London boroughs – Barking and Dagenham and Newham – had no pensioners living in million-pound properties at all. Bexley had just one. In total almost 52,000 people – or 0.6pc of Londoners – are over-65s with properties worth more than £1m. The research also reveals just how much property wealth exists in the most expensive areas of London. In Kensington and Chelsea, the average price of a property worth over £1m was a £4.5m, and the total value of £1m plus properties held by pensioners in the borough was an astonishing £45bn. In Westminster the total was £24bn. In total the value of the property worth more than £1m held by over-65s was £127,509,703,000 – more than £127bn. The data, provided by data management company CACI, shows the stark difference in property wealth between old and young people. British pensioners have combined property wealth of £926bn, according to data from equity release company Key Retirement, released earlier this year. This has increased by £9bn since January. Meanwhile last week *Telegraph Money* revealed that just 45pc of under-45s own their own home – almost 20 percentage points lower than in 2004. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, mycrousal, News **Tags:** bridging finance loans london, Fast Commercial Bridging Loans, halifax property development finance, short term loans --- ### [Urbanest Refinances £640m London Operational Portfolio](https://www.hankzarihs.com/bridge-loan-urbanest-refinances/) **Published:** October 25, 2017 **Author:** Shiraz Khan **Content:** **Bridge Loan:**– Central London student accommodation operator and developer Urbanest has refinanced its five-asset, £640m operational portfolio in one of the year’s biggest real estate transactions, CoStar News can reveal. Urbanest has reached a bilateral agreement with funds managed by M&G Investments and Aviva Investors Real Estate Finance for a £350m senior facility secured against Urbanest’s 2,520-bed portfolio of purpose built student accommodation. The refinancing represents a **bridge loan**-to-value ratio of 55% which implies a valuation on the whole portfolio of £636.36m and the facility matures in mid-2027. The transaction completed on 21 July and both lenders hold a 50% position. ![](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions") ## Bridge Loan by HZ ASSOCIATES The deal sees Urbanest consolidating its existing lending facilities into a single club deal from three loans with LaSalle, Bank of China, and GIC and MetLife behind Laxfield Capital. The agreements with Aviva and M&G represents each lender’s first financing with Urbanest. With Zone 1 locations including Hoxton, King’s Cross, Tower Bridge and St Pancras, the portfolio is anchored by a landmark 1,140-bed Westminster Bridge scheme. The SE1 development opened in 2015 and was 99% occupied in the first year of operations. Urbanest was founded in 2009 by London-based M3 Capital Partners, a group which has played a significant role in the creation of PBSA as an institutional asset class in the UK and Australian markets. The refinancing includes all of Urbanest’s built assets but excludes its development pipeline, including its site in Vauxhall which has planning permission for a 454-room, 30 storey student building. Urbanest’s strategy is to deliver a premium student accommodation experience to residents, and occupationally it blends direct-lets with nominations agreements, partnering with leading London-based universities. Vicky Skinner, Finance Director at Urbanest, said: “This transaction consolidates the existing lending position of the business, replacing three loans with a single 11.5-year bilateral facility. Securing long-dated, fixed-rate finance at an attractive point in the market cycle was a core objective of Urbanest, as the business continues to invest in the existing portfolio and explore opportunities for expansion.” Barry Fowler, Managing Director, Alternative Income Solutions at Aviva Investors, said: “PBSA has matured as an asset class in recent years and as a long-term oriented lender we are fully aligned with Urbanest in seeing the strength of the sector. The combination of high-specification assets, prime locations and a specialist operator was highly attractive, and we are delighted to have completed this transaction alongside M&G.” Lynn Gilbert, Head of Senior Commercial Mortgages at M&G Investments, said: “This was a rare opportunity to gain exposure to institutional-quality Zone 1 London assets backed by a class-leading operator with a similar long-term investment outlook to our own. In a market where demand for university places and student housing continues to outstrip supply, this deal underlines investors’ confidence in the long-term prospects for student housing in central London.” Urbanest was advised by Nabarro, WSP Parsons Brinckerhoff and EY. Allen and Overy and JLL advised M&G and Aviva. Mount Street is appointed as facility agent on behalf of the lenders. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, mycrousal, News, Planning News **Tags:** bridge loan, bridging finance loans london, Fast Commercial Bridging Loans, london bridging finance loan --- ### [£200m Luxury Care Home Next to Harrods Gets Consent](https://www.hankzarihs.com/200m-luxury-care-equity-financing/) **Published:** October 28, 2017 **Author:** Shiraz Khan **Content:** A Singaporean developer has gained consent for a £200m luxury care home development – understood to be the first to be built in central London – a stone’s thrown from Harrods’ iconic department store in Knightsbridge. Singapore-listed City Developments Limited (CDL), through its wholly-owned subsidiary Beaumont Properties Limited, represented in the UK by Dartmouth Capital Advisors Limited, has gained consent for 34 two-bed apartments, ranging in size from 1,250 sq ft to 2,110 sq ft, at 28 Pavilion Road, London, SW1. Kwek Leng Beng, CDL executive chairman, said: “We have worked closely with the Royal Borough of Kensington and Chelsea Council to draw up a scheme that will appeal to discerning residents in retirement. The Borough has a significant stable, ageing, demographic that is asset rich yet whose needs are insufficiently provided for by the current housing stock. We aim to provide a community style of living for this group, supported by excellent on-site medical care, close to local amenities, shops and restaurants.” ![](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions") ## Equity financing:- The luxury care home will offer apartments for sale on 999-year leases. Facilities within the development include a luxury spa, swimming pool, communal library, private doctor’s surgery, 24-hour concierge service, dedicated nurse care rooms and car parking. The extra-care will be provided by private nursing and home care specialist – Draycott Nursing & Care. The six- and seven-storey scheme, with gross floor area of about 135,000 sq ft, has been designed by architect PDP London in collaboration with Hamilton Architects involving the demolition and redevelopment of a 1970s brutalist car park. The island site provides a central courtyard which is accessible to all residents with a new shared public realm. The development is described by CDL as “a contemporary interpretation of surrounding Queen Anne typology” which it said “provides step-backs and cut-ins as it rises to provide each apartment with outdoor space”. The Royal Borough, in a recent housing assessment document, identified that those aged 65 years old and over, will increase from 14% in 2012 to 23% in 2037. The population of elderly in the Royal Borough of Kensington and Chelsea will be significantly higher in proportion when compared to London as a whole (17%) and the neighbouring boroughs of Hammersmith and Fulham (16%) and Westminster (18%). The scheme is located in the heart of Knightsbridge with site connected to Harrods by an underground tunnel now disused and which there are no plans to reinstate it. It is also a short stroll away from Millennium Hotel, Knightsbridge, which is part of CDL’s London-listed subsidiary, Millennium & Copthorne Hotels plc. Dartmouth Capital Advisors is the development adviser to Beaumont Properties. Planning advisors were Colliers International and Barton Wilmore. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, mycrousal, News, Planning News **Tags:** bridging finance loans london, bridging loans southampton, equity financing, london bridging finance loan --- ### [The Brexit Vote and UK Property Six Weeks On -HZA](https://www.hankzarihs.com/brexit-vote-uk-property-finance/) **Published:** November 5, 2017 **Author:** Shiraz Khan **Content:** **UK Property finance:-** Deals for smaller lot sizes have been completing at pre-vote Brexit pricing levels while the high-profile sales pushed through by managers to fund redemption requests have sold at a discount but have achieved “quick sale” rather than “fire sale” prices, reports BMO Real Estate Partners in a catch up research paper on the impact of the EU Referendum on [**UK commercial property**](https://www.europeanproperty.com/news/5-super-home-improvements-to-build-remodel-value-into-your-property-for-2019/). ![](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions") ## UK Property finance -HZA Focusing on how UK **commercial finance** and real estate investment has been performing post 23 June BMO REP said investment volumes, clearly already affected ahead of the vote as investors adopted a “wait and see” attitude, have been subdued and hopes of a post-referendum bounce-back have been “utterly dashed”. Focusing on its own experience it writes that opportunistic purchasers circling looking for a bargain would appear so far to have been disappointed. “The state of play in the investment market is that it currently provides the opportunity to access stock rather than to buy stock at a big discount. This is unlike 2008 where there were limited buyers and all different type of sellers (REITs, property companies, leveraged owners, funds, private sellers,banks). The situation today is that there remains a limited number of sellers and an abundance of purchasers, provided the stock is right i.e. core sector locations with deep occupational markets.” Focusing on its experience of recent trading BMO says investors have become more risk aware and risk averse following the referendum and interest has tended to focus on core, prime assets let to sound covenants on long leases which has favoured the prime part of the market. It adds: “Our in-house intelligence indicates that we will see some adjustment in pricing with less likelihood of a collapse like 2008-9.” On a sector basis in the last month it has seen wide variations at the asset level: - Industrial is relatively resilient with many deals proceeding at pre-referendum levels. Elsewhere in the sector, prices may have moved slightly lower - Prime high street retail remains robust – no real impact - Good institutional retail is recording a small decline - For offices, the impact is too early to advise but possibly there could be a larger short-term adjustment On the leasing side at BMO REP has seen offers on industrial space both pre and post Brexit processed without renegotiation. For offices, in London it has a City office floor under offer at a record rent level and “considerable interest in our Mid-Town space”. Space in Birmingham and Manchester is also proceeding at prices confirmed prior to Brexit. Retail wise it adds: “We have not seen any deals aborted in the retail space and retailers’ plans for the UK remain unchanged. This has been echoed in the wider market where Kames took City office space at a record rent and Hammerson have reported ‘strong leasing momentum’ after the referendum.” It continues: “The decision by Wells Fargo to buy its new 11-storey City of London HQ for £300m for occupation in 2017 has been welcomed by the market and a flash survey by CBRE of major retailers found them maintaining their pre-Brexit strategies. It would appear that the leasing market is in reasonable health and we should be positive on the prospect of rental value growth in the locations with strong property fundamentals.” In conclusion BMO reports the Brexit vote was a major event for the economy and for the [**property market**](https://www.hankzarihs.com/contact-us/) but in the month since the vote, the initial shock has ebbed somewhat and a more measured approach is being adopted. It says the UK property market fundamentals remain sufficiently strong to soften the blow with property continuing to be an attractive option for investors seeking an income return. It adds: “We have not returned to “business as usual” and the next few months are expected to be characterized by uncertainty but also potentially opportunity. The **UK Property finance** market suffers from a lack of robust data and as such is being buffeted by changes in sentiment in reaction to news flow. It will take time for clarity to emerge.” ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, mycrousal, News, Planning News **Tags:** bridge loan, equity financing, short term loans, UK Property finance --- ### [Adding a ‘floor between floors’ Can Add More Value than a Loft Conversion](https://www.hankzarihs.com/online-finance-mezzanine-extensions/) **Published:** November 10, 2017 **Author:** Shiraz Khan **Content:** Adding an extra level within an existing space attractive – creating a split-level room – is the improvement that gives you the best return on your investment. Adding a mezzanine floor may not be the most obvious home improvement choice, but it could be the most cost-effective way of increasing both floor space and value, a new study shows. ![](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions") ## **Online Finance** A mezzanine means a floor between floors — an extra level inserted within an existing space to create a split-level room. Today’s research by home remodeling company Harrington Grey compared the cost of 10 popular home improvement projects and the average value they add to a property, to calculate the typical return on investment. Researchers found that a 248sq ft mezzanine would cost about £9,500 to install, but could add 10 per cent to the value of a home. For a typical London house worth £700,000, this works out as a return on the original investment of 640 per cent. “A mezzanine also gives you a very attractive airy, open effect,” adds Duncan MacLeod, managing director of Harrington Grey. The next best improvement, according to the report, is to demolish interior walls to create an open-plan space. The £2,500 cost of the work could hoist the value of a home by two per cent, giving a return of 520 per cent. Loft extensions, basement digs and side return extensions each add the most value to a property: 20 per cent according to the study. But the higher cost of these improvements — £37,000 for a loft; £45,000 for upgrading an existing basement into a usable room, and £60,000 for a side return kitchen extension — means a lower return on investment. **FCOULD YOU DO THE SPLITS?** To insert a mezzanine level into an existing room you need a minimum ceiling height of 13ft-14ft. So, while brilliant in a barn conversion or a loft apartment, such a project isn’t always possible in a regular flat or house. Sadie Snelson, director of Sadie Snelson Architects, created a dramatic and beautiful mezzanine level for a warehouse apartment in Clapton, east London. The owner wanted extra floor space without losing the impact of the double-height living room, which had 16ft ceilings. The solution was to leave part of the space open but build a timber and plasterboard mezzanine supported on existing steel columns and by wires hooked to the ceiling above the kitchen. The room is used as a living room and occasional guest room, because one shortcoming of mezzanines is that they are open. Perfect for a study or living room, less than ideal for a bedroom. Snelson’s mezzanine is pure industrial chic, but the concept can work in historic homes, too. Hogarth Architects removed a false ceiling from a Grade II-listed flat in South Kensington, and inserted a timber mezzanine above the kitchen, which overlooks the now double-height living space. **PLATFORM FOR CHANGE** If you don’t have the benefit of towering ceilings, then a mezzanine bedroom, with a sleeping platform above and main room below, could still be an option. Platforms are usually built from timber and/or metal and must be strong enough to bear the weight of a divan and a person or two. A balustrade will be needed to make this sleeping arrangement safe. A sleeping platform, says MacLeod, requires a more modest ceiling height of about 10ft. “It is not going to add the same value as adding floor space, but if you need more space it is a really good way of finding it.” A really low-cost alternative is IKEA’s white-stained StorÅ bed frame, priced £229. This 5ft-wide bed is raised 5ft 8in off the floor and has ladder steps, giving room for a sofa or desk below — an ideal space-saver for a studio flat or in a guest room. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, mycrousal, News, Planning News **Tags:** bridging finance broker, Development Finance, online finance, property developer finance --- ### [UK Housing Market Sees Measure of Optimism Return -HZA](https://www.hankzarihs.com/uk-housing-market-hza/) **Published:** November 11, 2017 **Author:** Shiraz Khan **Content:** Some optimism has returned to the **UK housing market** as the initial shock of the Brexit vote begins to wear off. In the June Royal Institution of Chartered Surveyors survey of estate agents and surveyors, carried out in the immediate aftermath of the vote, a large majority said they believed house prices would fall this year. [![](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## UK Housing Market News While they remain gloomy about the short term, particularly in London, the July survey suggests market professionals are more optimistic about the outlook a year ahead. Both sales and price expectations have rebounded, with the net balance of estate agents and surveyors expecting prices to increase over the next 12 months, up from zero to 23 per cent. Simon Rubinsohn, Rics chief economist, said this suggested that “confidence remains more resilient than might have been anticipated”. David McKillop, an estate agent in Salisbury who responded to the Rics survey, said that “prices have come down a bit, but \[there is\] no sign of panic”. The recent cut in the main interest rate by the Bank of England — along with the clear signal that more rate cuts are on the horizon — should also help to reduce the cost of a mortgage. However, sentiment is weaker than it was six months ago, when 66 per cent more surveyors anticipated rising prices. Separate house price data from LSL/Acadata suggested **price** inflation was slowing anyway before the vote, with the annual rate of growth falling for the fifth consecutive month. London estate agent Foxtons recently reported a 42 per cent year-on-year slump in first-half profits, as uncertainty over the referendum hit an already faltering property market in the capital. Prices in central London have also been weighed down by tax rises. Rics said that an “acute” lack of supply of new properties is currently supporting prices, noting that across the UK levels of stock are at, or close to, record lows and the number of successful transactions is falling. “This is a long-running story that may have been exacerbated by recent events but clearly needs urgent action from the new government,” Mr Rubinsohn said. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, mycrousal, News, Planning News **Tags:** commercial bridgning loan UK, london property market, second charge bridging loans, UK housing market --- ### [British Property Prices Rose by 8.7% -HZA](https://www.hankzarihs.com/online-property-finance-prices/) **Published:** November 15, 2017 **Author:** Shiraz Khan **Content:** **Online Property Finance News**:-Average property in Britain now worth £214,000, with “the underlying lack of supply” likely to push prices further in the long-term post Brexit. **Summary:** - **British property prices rose by 8.7% on the year in June** - **While growth may slow following the vote for Brexit, the lack of housing supply is likely to ensure growth continues in the long-term** - **High numbers of overseas investors have looked to add more UK property to their portfolios during the new currency window of opportunity created by Brexit** [![](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## Online Property Finance **Property prices in the UK** grew further prior to EU referendum – and experts believe a demand to supply imbalance means that the long-term appreciation projections remain strong following a vote for Brexit. Average values rose by 8.7% in the year to June, up from 8.5% in the year to May according to the latest house price index published by the Office of National Statistics (ONS). The average national price now stands at £214,000, representing growth of £17,000 year-on-year. The data, however, only captures one week of activity following the result of the EU referendum. Richard Snook, a senior economist at PricewaterhouseCoopers (PwC), believes that the vote for Brexit will naturally slow the rate of growth “to around 3% this year and around 1% in 2017”. However, Brexit has not altered the key supply and demand fundamentals that have contributed to years of strong price growth in the UK. According to Andrew McPhillips, Chief Economist at Yorkshire Building Society, a shortage of property is likely to still ensure long-term growth for investors. He also alluded to the pressure the private rented sector (PRS) may come under if price growth still makes owning unaffordable for many Britons. McPhillips said: “Although we are likely to see fluctuations in demand in the short term due to uncertainty following the result of the EU referendum, the underlying lack of supply will remain as a constraint on market activity and is likely to push up house prices in the long term. This will make house prices unaffordable for an increasing number of people unless the country builds more homes to meet demand.” The fall in the value of the pound post-Brexit has created a window of opportunity for investors dealing in dollar-pegged currencies. Many of the UK’s largest property agents have reported a surge in interest from buyers in Asia and Middle East, underlining the continued confidence the global investor community still has in the UK property market. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, mycrousal, News, Planning News **Tags:** Joint ventures and business partnerships, online Property Finance, Property Development Loan, second charge bridging loans --- ### [It’s Finally Here: the Night Tube is Starting this Weekend](https://www.hankzarihs.com/house-prices-chancery-hza/) **Published:** November 19, 2017 **Author:** Shiraz Khan **Content:** # Where House Prices have Zoomed up Along the Night Tube Route **House Prices News:-** It’s finally here: the Night Tube is starting this weekend No longer will you, late at night, curse the day you ever moved out to zone five in order to buy a home in London that is not actually a broom cupboard. As long as you live on one of the five lines, that is. The Night Tube may not have the scale and [investmen](https://www.hankzarihs.com/bridging-finance/)t of Crossrail, but its impact on many Londoners’ lives – and property decisions – will be big. This weekend, just the Victoria and Central lines are starting, with the others to follow in the autumn, but all five have been mapped here according to **house price** growth in the last 12 months. [![](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) Online estate agency eMoov calculated the the rate of house price inflation at each Night Tube stop and its surrounding area, and also found each area’s rate of demand, which shows how quickly properties are staying on the market. The Tube stations with the fastest-growing house prices are St Johns Wood and Cockfosters, both of which had price growth of 9pc. [**House prices in Chancery**](http://www.stockhouse.com/blogs/uk-real-estate-blog/november-2018/short-guide-to-buying-property-in-the-uk) lane fell 6pc in the last 12 months. Recent house price growth has largely taken place around stations in the north and east of the capital, where lower prices are attracting buyers who have been priced out from more central locations. The Association of Residential Letting Agents said that a quarter of its agents expected rents to increase around Tube stations on one of five lines affected. Rents in areas in zones 3 to 6 have increased by 20pc in the last two years, far higher than the London average of 7pc, according to flat share site SpareRoom.co.uk. Richard Waind, from estate agency Your Move, said: “Most promising for landlords and those trying to sell their homes, is that locations previously deemed too far afield on the tube map from the hustle and bustle of central London, will now be more easily accessed on the Central and Victoria lines and in turn, will be more attractive to buyers and tenants alike. “Many of London’s central commuting zones may have been historically out of reach for renters and hopeful buyers, but the Night Tube opens up new possibilities for many Londoners.” ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, mycrousal, News **Tags:** House price in London, house prices, London Bridging Finance, non status bridging loans uk --- ### [UK House Prices Grow by 3%](https://www.hankzarihs.com/uk-property-market-growth/) **Published:** November 27, 2017 **Author:** Shiraz Khan **Content:** Strong market fundamentals remain in the UK’s regional residential property markets despite recent political events, most notably the decision to leave the European Union. The latest analysis from real estate firm CBRE suggests that UK house prices are expected to grow by an average of 3% this year with current growth of 5.1% across the country regarded as encouraging. [![House price London](https://www.hankzarihs.com/wp-content/uploads/2018/03/Banner-V3_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) **UK Property Market** The report says that the Outer Metropolitan area saw the strongest performance in the second quarter of 2016 with prices up 12.4% in June. London followed closely with 9.9% growth, whilst the North was the weakest performing region with prices down 1% year on year. It explains that with a period of uncertainty ahead, the UK remains in a strong position with high employment, low borrowing costs and weaker sterling which will help boost exports and although buyer sentiment is likely to remain cautious prices will continue to grow. ‘Despite some short term turmoil following the referendum, the UK still has otherwise very stable economic foundations. While the recovery in 2013 was largely driven by consumer spending, there are now encouraging signs of growth becoming more broad based and coming from multiple sectors,’ said Jennet Siebrits, head of residential research at CBRE. ‘London and the UK Property Marketare still robust investment regions with a strong and established legal structure, favourable time zone, world class education system, and a durable, settled, democratic political structure. Despite the outcome of the EU referendum, our current forecasts remain broadly unchanged and we expect UK house prices to grow by an average of 3% this year,’ she added. Overall the report says that London’s land market remains highly price sensitive and underpinned by cautious sentiment, but activity remains driven by the capital’s acute supply/demand imbalance. In the South East, the residential land market continued at a strong pace in the second quarter of the year, driven by a number of successful converted office schemes and Permitted Development Rights opportunities. It is the South West supply/demand imbalance remains a key driver of price and rental growth, whilst the private rented sector dominates city markets. But in the Midlands Birmingham city centre dominates, with a reliance on office to residential conversions for the delivery of much needed housing stock. There are further new entrants to the market and Birmingham remains one of the key target cities for institutional investment, it adds. The trend of the last two quarters continues in the North, with modest house price rises driven by an emphasis on lower value £180 to £190 per square foot areas benefitting from the government’s Help to Buy schemes. It also points out that in Scotland, the sub-£500,000 housing market is performing well, whilst LBTT rates continues to impact the upper end of the market. Meanwhile, Scotland’s land market has seen prices generally increase off the back of an acute lack of supply. This is particularly evident in the prime regions of Edinburgh and East Lothian, where values are now pushing £1.2 million per acre. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, mycrousal, News, Planning News **Tags:** commercial property finance, non status bridging loans, property development finance, UK Property Market --- ### [Post-Brexit Property Sales Remain Steady](https://www.hankzarihs.com/property-finance-brexit-property-sales/) **Published:** December 1, 2017 **Author:** Shiraz Khan **Content:** Property buyers went through with sales in July irrespective of any uncertainty in the UK housing market following the Brexit vote, figures suggest. Yet the market is not moving at a pace seen a year ago, with 16,000 fewer homes sold in July compared with the same month in 2015. A total of 104,200 properties were sold in July, the first full month since the UK’s vote to leave the EU. Various commentators have predicted a **short-term** slowdown in the market. One commentator, Henry Pryor, said that the transaction figures from HM Revenue and Customs reflected a “slight stutter” in the UK sector. “The market has not yet suffered the predictions made as part of Project Fear, but there is still plenty of time for them to come true,” he said. “The housing market, like the wider economy, has much to deal with. We are clearly a long way from the promised end to boom and bust.” [![House price London](https://www.hankzarihs.com/wp-content/uploads/2018/03/Banner-V3_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## Property Finance- Building A need to underpin the housing market, which is key to the UK economy, was one reason for the move by the Bank of England to cut interest rates to 0.25% earlier this month. Surveyors recently reported that housing activity would be flat in the aftermath of the vote, but many now believe that there will be a rebound when considering the outlook in 12 months’ time. Some house builders are bullish about their position, despite their share prices being hit as investors reacted to the Brexit vote in June. On Tuesday, house builder Persimmon reported a 29% jump in first-half profits. The firm said customer interest since the Brexit vote had been “robust”. First-time buyers hoping that a slowdown in the market, falling house prices, and lower interest rates might give them a better chance of purchasing a home could be disappointed, according to research by financial information service Moneyfacts. It said that mortgages that only required a 5% deposit were being withdrawn from the market by lenders. The number of home loans on offer in this category had been growing to a peak in March of 270, but had fallen to 225 since. “It is particularly bruising when many hope that the predictions of cheaper houses would help them realise their dream sooner than expected,” said Charlotte Nelson, of Moneyfacts. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, mycrousal, News **Tags:** non status bridging loans uk, property finance, second charge bridging loans, short term bridging finance --- ### [The UCL East P1 | Cost £100M -HZA](https://www.hankzarihs.com/residential-bridge-finance-ucl-east/) **Published:** January 29, 2018 **Author:** Shiraz Khan **Content:** **Residential Bridge Finance:-** University College London (Main Office) submitted a development application for the construction of a new campus on the site Queen Elizabeth Olympic Park, University College London, Stratford, London, E20 2ST. The application is at the stage of outline planning. This is [**privately funded**](https://www.hankzarihs.com/commercial-finance/) Brownfield Site project. [![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## [Residential Bridge Finance](https://www.hankzarihs.com/residential-bridge-finance-ucl-east/) This project will begin in the first quarter of 2019 and it will finish construction in the first quarter of 2020. Upon completion, the project will cover a floor area of 62000 square meters and a site area of 5.6 Ha. The construction will include 670 student beds. The new campus, known as UCL East, will be constructed in two phases across two adjacent sites; Marshgate and Pool Street. It will be an academic development, consisting of research spaces, retail units and 670 beds for students, along with surface car parking. London Borough of Newham and London Legacy Development Corporation will be the associated developers with University College London. Mr Clive Gray of Nicholas Hare Architects will be the lead architect on this project, and he will be joined by architects from Stanton Williams and Lifschutz Davidson Sandilands. Miss Rebecca Burnhams of Deloitte Real Estate will be the primary planner on this project. Kim Wilkie Associates is the lead landscape architecture firm, while Arcadis Head Office and AECOM are the Quantity Surveyors. Mechanical and Electrical engineering consultancy services will be provided by Hilson Moran Partnership, and Structural engineering consultancy will be conducted by AKT 2. Buro Happold is the lead consultant firm for Civil engineering and Flood risk assessment. Tyrens UK and Atelier Ten will consult in the fields of Transport and Sustainability respectively. Arup Head Office will be the lead contractors for the Mechanical and electrical engineering development. WSP Parsons Brinckerhoff (Head Office) is the project manager for this entire project. The developers and investors of the UCL East P1 Project can avail easy and hassle-free capital from [**HZA**](https://www.finance-monthly.com/2018/11/development-finance-is-the-biggest-hitch-for-building-boom/) for making their infrastructure goal a huge success. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** 2nd charge bridging loan, non status bridging loans, residential bridge finance, short term bridging finance --- ### [Westbury Estate Regeneration | 270 Luxury Units](https://www.hankzarihs.com/best-bridging-finance-westbury-estate/) **Published:** January 29, 2018 **Author:** Shiraz Khan **Content:** **Best Bridging Finance:-** London Borough of Lambeth has officially submitted a development application for Phase 1 of Westbury Estate Regeneration, which will be located at The Westbury Estate, Wandsworth Road, South Lambeth, London, SW8 3ND. The project will cost an estimated £20.2M. This is a Brownfield Site project, which was [**funded publicly**](https://www.hankzarihs.com/fast-non-status-bridging-loans/). It will involve demolition of existing real estate property and construction of new buildings and units. [![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## [Best Bridging Finance](https://www.hankzarihs.com/best-bridging-finance-westbury-estate/) The construction of 270 units in the form of 8 structures will cover a site area of 2.87 Ha. These structures will rise 8 storeys high, and it will feature 532 parking spaces. This project will include demolition of 89 existing homes on the site, and construction of 270 residential units with new and improved open space, playgrounds and vehicular and cycle parking spaces. Mr Tom Mitchell of Metropolitan Workshop will head the project as the lead architect. Ms Hilary Satchwell of Tibbalds Planning & Urban Design Limited will be joining the project as the primary planner. Mr Paul Shirley of Camlins will become a part of this project as the landscape architect. The consultant group of the project will include TGA Consulting Engineers as Mechanical and Electrical engineering and Sustainability consultants, Campbell Reith Hill as Civil engineering, Transport and Floor risk assessment consultants. Mr Ned Baker and Mr David Callaghan of CPC Project Consultancy Limited (Head Office) will be joined by Mr Neil Vokes of London Borough of Lambeth as the project managers of the project. The developers and investors of the Westbury Estate Regeneration Project can avail easy and hassle-free capital from [**HZA**](http://www.talkmarkets.com/member/james-helliwell/blog/guide-to-the-bridging-loan-market-and-how-to-apply-for-bridging-loans?post=198774) for making their infrastructure goal a huge success. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** best bridging finance, non status bridging loans uk, non status business loans, second charge bridging finance --- ### [New Twin Tower Project – Hank Zarihs Associates](https://www.hankzarihs.com/fast-bridging-loans-twin-tower-project/) **Published:** January 30, 2018 **Author:** Shiraz Khan **Content:** Circleplanes Development has officially submitted a proposal and application for the development of twin towers at the site 20 Blackfriars Road, Southwark, London, SE1 8NY. The application is in the stage of detailed approval and tender acceptation. The will be a privately funded Brownfield Site project, which will result in the construction of new infrastructure on a previously empty real estate property. [![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) The total duration for this project is 48 months, and upon final development, the entire construction will cover a floor area of 83915 square meters. Since the application design includes the construction of twin towers, 2 structures will be constructed above the ground level. The first tower will have 23 storeys above the ground level, and 1 storey below the ground level, while for the second tower, 42 storeys will be developed above the ground level, while 1 storey will be constructed below the ground level. These twin towers will feature residential flats and general purposes offices with decorative landscaping. Wilkinson Eyre Architects Head Office will join the project as the lead architecture firm, while DP9 Planning Consultants will join them as the primary planners for this project. EHA Group is among the top bidders for the development of this project. The developers and investors of the New Twin Tower Project can avail easy and hassle-free capital from [Hank Zarihs Associates](https://www.hankzarihs.com/) for making their infrastructure goal a huge success. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** fast bridging loans, property development finance, Residential Development Finance, residential non status bridging loan --- ### [New Google Offices | Kings Cross | £700m](https://www.hankzarihs.com/short-term-finance-google-offices/) **Published:** January 31, 2018 **Author:** Shiraz Khan **Content:** **Short Term Finance:-** Google UK Limited has submitted an application for the development of new Google offices at the site Kings Cross, Britannia Street, Camden Town, London, WC1X9BP. The construction will cost an estimated amount of £700M. The application has been awarded subcontract, but the detail approval planning is still pending. The entire [**privately funded project** ](https://www.hankzarihs.com/refurbishment-finance/)has been categorized as Brownfield Site Project. [![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## [Short Term Finance by HZA](https://www.hankzarihs.com/short-term-finance-google-offices/) This construction of this project will begin in the first quarter of 2018, and it will cover an estimated floor area of 92903 square meters. 1 structure will be erected on the ground, comprising 11 storeys above the ground level, while featuring 2 storeys below the ground level. Upon completion, this development will become Google’s HQ. The development will feature open floor spaces, entrance lobbies with elevators, cafes, kitchens, retail units, staff training centres, fitness and gym centres, multi-use game area, running track, swimming pool and various other amenities. Argent Group is acting as the associated developer for this project. Thomas Heatherwick of Heatherwick Studio has been assigned the role of the lead architect for the project, and he will be joined by architects from BDP Head Office, Bjarke Ingels Group and All Clear Designs Limited. LDA Design and Gillespies LLP are joining the project as landscape architecture firms. The position of Quantity Surveyor will be filled by AECOM and Gardiner & Theobald Limited Head Office. The services in the field of Mechanical and Electrical engineering consultancy will be provided by Akelier Ten and GBE Services, while AKT 2 will join the project as Structural engineering consultants. The consultancy services for Sustainability will be provided by Hilson Moran Partnership. The lead contractor for the entire project is Lendlease Construction (EMEA) Limited, and the framing subcontractor is Serverfield PLC Head Office. The developers and investors of this Project can avail easy and hassle-free capital from [**HZA**](https://moneyhighstreet.com/risk-losing-your-property-deposit/) for making their infrastructure goal a huge success. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** bridging finance loans london, bridging loans southampton, Fast Commercial Bridging Loans, short term finance --- ### [1 Nine Elms | Twin towers | £900m – HZA](https://www.hankzarihs.com/residential-development-loan-elms-twin-towers/) **Published:** January 31, 2018 **Author:** Shiraz Khan **Content:** An official application has been submitted by Wanda Dalian for the construction of Twin Towers at Market Towers, 1 Nine Elms, South Lambeth, London, SW85NQ. This is a privately funded Brownfield Site project, which will involve demolition of existing infrastructure on the land and the [construction of new development](https://www.hankzarihs.com/development-finance/) and twin towers. The application has been awarded subcontract, but it is still pending detailed approval. [![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## Residential Development Loan The project will begin in January 2017 and it will be completed over a period of 42 months in January 2021. Once developed, the structures and the project will cover a floor area of 27276 square meters and a site area of 8400 square meters. 4 structures of 58 storeys high will be created, featuring 491 residential units. 200 hotel beds will be developed for this project, and it will provide 52 parking spaces for the residents and customers. The entire project will consist of a five-star luxury hotel, residential apartments, retail units and general offices. London Borough of Wandsworth will be the associated developer for this project. Kohn Pedersen Fox (International) PA and Montagu Evans LLP will be a part of this project as the lead architecture firm and the primary planner respectively. Martha Schwartz Partners will take the position of the lead landscape architecture firm, while the role of Quantity Surveyor will be filled by Arcadis Head Office. Sweco, AKT 2 and Climate Consulting will provide the services of Mechanical and Electrical engineering consultancy, Structural engineering consultancy and Sustainability consultancy. Shane Lincoln of Second London Wall Project Management will join the development as the project manager, Osra Project Limited will be the CDM Coordinator. McGee Group Limited has been awarded the demolition subcontract, while the groundworks and electrical subcontract were awarded to Balfour Beatty Group Limited Head Office and T Clarke Group PLC respectively. T Clarke Group PLC has also won the subcontracts for Fire protection and Security. Permasteelisa (UK) Limited currently holds the subcontracts for Doors and Windows construction and installation. The subcontract for scaffolding went to GKR Scaffolding. The project’s developers and investors can easily avail capital from [Hank Zarihs Associates](https://www.hankzarihs.com/) for making their infrastructure goal success and obtaining high ROI. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** Development Finance Rates, property development finance lenders, property development loan rates, Residential Development Loan --- ### [Tottenham Hotspur FC Stadium | £800M – HZA](https://www.hankzarihs.com/development-loans-tottenham-stadium/) **Published:** January 31, 2018 **Author:** Shiraz Khan **Content:** Tottenham Hotspur Plc has submitted an official application for the [development](https://www.hankzarihs.com/development-finance/) of new football club stadium at the site adjacent White Hart Lane Stadium, Bill Nicholson Way 748 Highroad, Tottenham, London, N17 0AP. This is a privately funded Brownfield Site project, which will begin construction of the new stadium after the demolition of existing infrastructure on the land. The application has been awarded subcontract, but it is still pending detailed approval. [![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## Development Loans by HZA The estimated time frame for the completion of this project is 40 months; starting from April 2016 and ending in August 2019. The entire stadium will be spread over a floor area of 30765 square meters, and the entire site area will cover 8.97 Ha. The entire development will feature a 180-bedroom hotel, 49 residential apartments and 61,559 seating capacity in the main stadium area. The hotel and the residential units will be 24 storeys high, and 865 parking spaces will be available for the residents and visitors. Christopher Lee of Populous will act as the lead architect for the entire development, and he will be joined by planners from Savills and DP9 Planning Consultants. The lead landscape architect and the primary Quantity Surveyor will be The Landscape Partnership and Arcadis Head Office respectively. Buro Happold will offer their consultancy services in the areas of Mechanical and Electrical engineering, Structural engineering, Civil engineering and Sustainability. The groundworks subcontract, scaffolding subcontract and demolition subcontract have been awarded to Morrisroe Limited, GKR scaffolding and DSM Demolition Limited respectively. Hunter Plan Hire, Ideal Form Limited and Weldex have won the Plant subcontract, while the Foundations subcontract has been awarded to Keltbray Limited Head Office. Macrete Ireland Limited and Morrisroe Limited will provide their services for the development of floor. Serverfield Plc Head Office will be the primary Frame subcontractor, while the roofing subcontractor is Schlaich Bergermann & Partner. Ellmer Construction and Portview Fit-Out will be responsible for Interior Fitting Out of the project. SCX Limited will be the leading subcontractors for Electrical, Landscaping and Mechanical development. Imtech G & H Limited have been awarded the subcontracts for Fire Protection, Security and Electrical services. Price Building Services Limited will be the primary subcontractors for Mechanical and Plumbing services. The **developers and investors** of this big project can avail easy and hassle-free capital from Hank Zarihs Associates for making their infrastructure goal a huge success. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** development loans, property development finance lenders, property development funding, Residential Development Finance --- ### [Allsop Residential & Commercial Auction](https://www.hankzarihs.com/commercial-auction-allsop-residential/) **Published:** February 1, 2018 **Author:** Shiraz Khan **Content:** Commercial [Auction Finance](https://www.hankzarihs.com/auction-finance/) News:-Allsop is an independent property consultancy with a market-leading reputation for high-quality service and integrity. To many people, we are best-known as the UK’s largest and most successful property auction house but our reach is considerably wider. [![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) **Commercial Auction – HZA** We have the people, the skills, the experience and the drive to maximise value for our clients in any given market and like to do business in our own distinctive Allsop style – open, friendly and honest. Clients appreciate this, which is why so many stay with us over the long term. In an unpredictable world, Allsop remains a reassuringly constant source of market knowledge, insight and expertise. Please find auction Catalogue: Click Here ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Auctions **Tags:** Commercial Auction, quick bridging loans, refurbishment finance --- ### [Royal Albert Docks | 14.65 Hectares](https://www.hankzarihs.com/london-bridging-finance-royal-albert/) **Published:** February 2, 2018 **Author:** Shiraz Khan **Content:** **London Bridging Finance:-** An official application has been submitted for the redevelopment of Royal Albert Docks on the site Royal Albert Dock, Royal Albert Way, Victoria Dock, London, E16 2FG. This a mixed funded project, which will involve the brand new development of new units on a previously empty land. The application is pending outline approval. The project will begin in 2014 and finish construction in 2023. [![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## [London Bridging Finance](https://www.hankzarihs.com/london-bridging-finance-royal-albert/) The entire floor area for this mixed development will cover an area of 374,067 square meters, and the complete site area will cover 14.5692 Ha. The complete development of this project will include the creation of retail units and offices, financial institutions, food and drink outlets, community spaces, leisure facilities, energy centre and residential units. The project will also feature surface car parking, decorative landscapes, open public spaces and various other community and residential amenities. The associated developers for this project are ABP London (Investment) Limited, Greater London Authority, Stanhope Plc and Citic Construction. Max Farrell of Farrell’s Head Office will work alongside the architects from CBRE Limited Head Office as the primary planners of this project. WT Partnership (Head Office) will fill the role of Quantity Surveyor for the project. Martin Murphy of Hilson Moran Partners Head Office and Paul Scott of AKT 2 will provide their services in the fields of Mechanical and Electrical engineering consultancy and Structural engineering consultancy. The project’s developers and investors can easily gain access to capital from **[HZA](https://axcessnews.com/world/breaking-world/london-property-an-economy-guide-for-investors-looking-into-2019_7739/)** for making this big infrastructure aim a huge success. Moreover, with funding from HZA, they can get a high return on investment. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** London Bridging Finance, non status bridging loans uk, Property Development Loan, property refurbishment finance --- ### [ST John Woods Square | £1.5 Billion | 163 units](https://www.hankzarihs.com/refurbishment-finance-st-john-woods/) **Published:** February 2, 2018 **Author:** Shiraz Khan **Content:** **Refurbishment Finance News**:-An official application has been submitted to the council of Westminster for the development of residential units at the site St Johns Wood Barracks, Ordnance Hill, St Johns Wood, London, NW8 6PT. The application has been awarded tender, while it is still pending detailed approval. The project is labelled as Brownfield Site project, and it will involve the demolition of existing property on the land and construction of the new structures. ![](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions") ## [Refurbishment Finance](https://www.hankzarihs.com/refurbishment-finance-st-john-woods/) by HZA The construction of the entire project will take 60 months, from the first quarter of 2019 to the first quarter of 2024. The floor area for this project will cover 420 square meters, and the site area will cover an area of 2.2 Ha. 163 residential units will be developed for this project, which will be 4 storeys high. 58 one bed houses, 26 two bed houses, 37 three bed houses and 42 four bed houses will be constructed, and 158 parking spaces will be developed for the residents. David Hill of Squire and Partners and Gary Clarke of Wilkinson Eyre Architects Head Office will act as the lead architects for this project. The role of primary planners will be filled by DP9 Planning Consultants. Andy Sturgeon Landscape and Garden Design will join the project as the lead landscape architecture firm, while the primary Quantity Surveyor will be Arcadis Head Office. Robert Bird Group will join the project as Structural engineering consultants and Civil engineering consultants. The consultancy services for Mechanical and Electrical engineering and Sustainability will be provided by WSP Parsons Brinckerhoff (Head Office) and Atelier Ten respectively. Arcadis Head office is the project manager for the entire development. The management group of the project consists of First Base Limited as the project manager. The investors and developers of this project, London can benefit profoundly from the real estate capitals offered by [**HZA**](https://moneyhighstreet.com/risk-losing-your-property-deposit/). HZA works with the motive to ensure project success through its [**easy loan policies**](https://www.hankzarihs.com/contact-us/). ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** 2nd charge bridging loan, quick bridging loans, refurbishment finance, second charge bridging loans --- ### [Earkham Grove | £5.8m | 78 Residential Units -HZA](https://www.hankzarihs.com/quick-bridging-loans-earkham-grove/) **Published:** February 5, 2018 **Author:** Shiraz Khan **Content:** **Quick Bridging Loans:-**An application for the development of a 5-storey project has been submitted. 78 residential flats will be constructed on the site 140 – 150 Earlham Grove, Forest Gate, London, E7 9AB. The development application is still pending detailed approval. This [**privately funded project**](https://www.hankzarihs.com/equity-joint-ventures/) will involve the erection of new infrastructure on an empty property. [![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## [Quick Bridging Loans](https://www.hankzarihs.com/quick-bridging-loans-earkham-grove/) Estimated duration for this project is 18 months, and upon completion, the 3 structures will cover a site area of 5300 square meters. The project will feature the development of 20 one bedroom houses, 27 two bedroom houses and 31 three bedroom houses. The entire facility will provide 146 parking spaces for the residents. The project will also include decorative and major landscaping, commercial and estate routes, surface car parking and commercial access and estate roads. Buckley Gray Yeoman Architects Limited and CGMS Limited Head Office will join this project as the primary architecture firm and primary planner respectively. Nigel Cowlin has been assigned the role of the lead landscape architect for this project. Price & Myer consultancy firm will provide its services in the areas of Sustainability and Structural engineering. The consulting firm for Civil engineering and Flood Risk Assessment will be GTA Civils Limited. The management group of the project consists of First Base Limited as the project manager. The investors and developers of this project, London can benefit profoundly from the real estate capitals offered by HZA. [**HZA**](https://axcessnews.com/world/breaking-world/london-property-an-economy-guide-for-investors-looking-into-2019_7739/) works with the motive to ensure project success through its easy loan policies. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** instant bridging loans, property refurbishment loans, quick bridging loans, second charge bridging loans --- ### [Kodak Phase 1 | £40M | 12 Storey](https://www.hankzarihs.com/instant-bridging-loans-kodak/) **Published:** February 5, 2018 **Author:** Shiraz Khan **Content:** An application for the development of the 12-storeys project has been submitted to the council of Harrow on the behalf of Quadrant Construction Services. The application is pending detailed approval. The new build will involve the construction of 5 different structures, rising up to 12 storeys, and comprising 650 residential units. ### [![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## Instant Bridging Loans The project will also include the [development](https://www.hankzarihs.com/development-finance/) of public health centres, general retail units and decorative landscaping. The project will begin in March 2018 and finish construction in March 2021 in a period of 36 months. The entire site area for the complete infrastructure is 4.03 Ha, which will be located Headstone Drive, Wealdstone, Harrow, Middlesex, HA3 5UB. Neil Campbell of BPTW Partnership will fill the role of the lead architect, while the primary planner will be Alister Henderson Carter Jonas Llp. Michaela Stevens of Turkington Martin Studio will be joining this project as the primary landscape architect. Peter Brett Associates Head Office will offer their consultancy services for Flood Risk Assessment. Quadrant Construction Services is the primary contractor and project manager for the entire project. The management group of the project consists of First Base Limited as the project manager. The investors and developers of this project, London can benefit profoundly from the real estate capitals offered by Hank Zarihs Associates. Hank Zarihs Associates works with the motive to ensure project success through its easy loan policies. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** 2nd charge bridging loan, instant bridging loans, property refurbishment finance, short term bridging finance --- ### [Harlow Rugby Football Club | 125 units | Kier Living Limited](https://www.hankzarihs.com/bridge-lending-loan-rugby-football-club/) **Published:** February 6, 2018 **Author:** Shiraz Khan **Content:** **Bridge Lending Loan News:**-Harlow Rugby Football Club and Kier Living Limited together have submitted an application for the development for 118 houses and 12 flats at the site Harlow Rugby Football Club, Elizabeth Way, Harlow, Essex, CM20 2JQ. ![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions") ## [Bridge Lending Loan](https://www.hankzarihs.com/bridge-lending-loan-rugby-football-club/) This is a [**privately funded project**](https://www.hankzarihs.com/equity-joint-ventures/), and the new project will be developed on an empty land. The entire construction will be 3 storeys high, and it will comprise 125 units in total. The site area for the project is 3.6 Ha. This project will be completed in 24 months, and upon completion, it will offer 288 parking spaces for the residential units. Adrian Stevenson of RDC Limited will fill the role of the lead architect for the project, while the primary planner for the development will be Miss Hollie Howe of Savills Cambridge. Faulks Perry Culley & Rech and Kier Living Limited will act as the lead landscape architecture firm and Quantity Surveyor respectively. The project manager and the primary contractor for the project are also Kier Living Limited. The management group of the project consists of First Base Limited as the project manager. The investors and developers of the Harlow Rugby Football Club Project, London can benefit profoundly from the real estate capitals offered by HZA. **[HZA](http://www.talkmarkets.com/member/james-helliwell/blog/guide-to-the-bridging-loan-market-and-how-to-apply-for-bridging-loans?post=198774)** works with the motive to ensure project success through its easy loan policies. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** bridge lending loan, bridging loan for property development, commercial mortgage broker, short term loans --- ### [Esplanade House | Southend | 216 units -HZA](https://www.hankzarihs.com/equity-investment-loan-esplanade-house/) **Published:** February 6, 2018 **Author:** Shiraz Khan **Content:** **Equity Investment Loan:-**Langley Developments Limited has officially submitted an application for the development of 216 flats at the site Esplanade House, 60 Eastern Esplanade, Southend-on-Sea, Essex, SS9 1YY. This privately funded project has been categorized as a Brownfield Site project, and it will involve the demolition of the existing infrastructure on the land. [![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## Equity Investment Loan Upon completion, the entire project will consist of 216 individual residential units. The project will feature the construction of 60 one bedroom houses, 129 two bedroom houses, 27 three bedroom houses, and a 64 bedroom hotel. The highest structure in the construction will be 12 storeys high. The floor and the site are for the development will be 3495 square meters and 1.4 Ha respectively. 266 parking spaces will be provided for the entire facility. James Tatham of Jestico Whiles & Associates will be joining the project as the lead architect, while Sam Metson of Bidwells will join him as the primary planner. The consultancy services in the fields of Mechanical and Electrical engineering and Sustainability will be provided by PHA Consult, while RLT Engineering Consultants Limited will act as the primary Structural engineering consultant. The investors and developers of the Esplanade House Project can take up HZA’s easy, quick, and hassle – free infrastructure capitals for making the project a huge success that can be cherished for years to come. [**HZA**](https://www.finance-monthly.com/2018/11/development-finance-is-the-biggest-hitch-for-building-boom/) is always ready for serving real estate developers with the [**right loan**](https://www.hankzarihs.com/contact-us/) featuring high returns. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** construction loans, equity investment loan, Fast Commercial Bridging Loans, short term bridging loans --- ### [International Quarter | £50M | Westfield Avenue](https://www.hankzarihs.com/residential-development-finance-quarter/) **Published:** February 7, 2018 **Author:** Shiraz Khan **Content:** Stratford City Business District Limited has chosen the site Plot S9, The International Quarter, adjacent to Westfield Avenue, Zone 2, Stratford, London, E15 4QZ in the [development](https://www.hankzarihs.com/development-finance/) application submitted. The application has already been awarded subcontract, while it is still pending the detailed approval. This will be a privately funded project for the new build of a building on a previously empty land. ![](https://www.hankzarihs.com/wp-content/uploads/2018/03/Banner-V3_dynamic.gif "- Bridging and Development Finance Solutions") ## Westfield Avenue Stratford The development will be completed in a duration of 12 months, from August 2017 to August 2018. The development will feature the erection of a 10-storey high structure, which will cover a floor area of 33536 square meters. The development will also feature surface car parking and decorative landscaping for the employees. Annette Main of Rogers Stirk Harbour and Partners will take the role of the lead architect for the project, and she will be accompanied by Matthew Eyre of Quod Planning Limited, who will act as the primary planner for the project. Gustafson Porter and Applied Landscape Design will be the lead landscape architecture firms for the development. Norman Disney & Young Limited will be responsible for the consultancy services in the area of Mechanical and Electrical engineering. Arup Head Office and Hoare Lea will provide their consultancy services for Structural engineering and Transport respectively. The primary contractor for the entire development is Lendlease Limited Head Office. Byrne Brothers Limited has won the subcontracts for groundworks, floors, foundations, frame and stairs construction. T Clarke Group Plc is the primary Mechanical and Electrical subcontractor. The investors and developers of the Westfield Avenue Project can take up [Hank Zarihs Associates](https://www.hankzarihs.com/) easy, quick, and hassle – free infrastructure capitals for making the project a huge success that can be cherished for years to come. Hank Zarihs Associates is always ready for serving real estate developers with the right loan featuring high returns. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** equity joint venture financing, funding property development Finance, london best bridging finance, UK Residential Development Finance --- ### [Sadds Wharf | Maldon | 93 Units -HZA](https://www.hankzarihs.com/commercial-refurbishment-loan-adds-wharf/) **Published:** February 12, 2018 **Author:** Shiraz Khan **Content:** **Commercial Refurbishment Loan:-**Baltic Consortium has submitted an official application for the development of 93 residential and commercial units at the site Station Road, Maldon, Essex, CM9 4LQ. [![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## [Commercial Refurbishment Loan](https://www.hankzarihs.com/commercial-refurbishment-loan-adds-wharf/) This is a privately funded Brownfield Site project, which will involve demolition and conversion of existing infrastructure before the construction of the new project. The application is still pending detailed approval. The floor area for the entire development is 2160 square meters, while the complete site area is 2.2 Ha. A total of 93 units will be developed for this project. The project will feature one, two and three bedroom houses along with general and retail offices and decorative landscaping. Stephen Lavin of RAL Architects Limited has been assigned the duties of the lead architect for the project. Richard Moffat of Lambert Smith Hampton will join this project as the primary planner. Liz Lake Associates is the lead landscape architecture firm for the development. The investors and developers of the Sadds Wharf Project can take up HZA’s easy, quick, and hassle – free infrastructure capitals for making the project a huge success that can be cherished for years to come. **HZA** is always ready for serving real estate developers with the right loan featuring high returns. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** Commercial Refurbishment Loans, Development and Refurbishment Finance, Refurbishment Finance Funding Loans, UK Residential Development Finance --- ### [HM Land Registry Price Paid for Property in December 2017](https://www.hankzarihs.com/fast-commercial-loans-price-paid/) **Published:** February 12, 2018 **Author:** Shiraz Khan **Content:** ## **What Is Price Paid Data?** Here is a Brief Summary of HM Land Registry Price Paid Data for December 2017 The HM land registry price paid data is a quantitative analysis and summarization of the sale of property and real estate land in England and Wales. This data categorizes the sold property into further subcategories according to the type of the real estate land and construction. This data indicates the trade of the property according to their type and the month. This data only includes the sales, for which the registration application was received. [![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) **The Price Paid Data Analysis for December 2017:** In the month of December 2017, over 76,300 transactions and sales took place in the real estate market of England and Wales. A complete dataset is provided along with the analysis, in which the complete address, sale price and the category of the sale can be found. Among the 76,327 sales received for registration in the month of December 2017, 56,161 were categorized as freehold, and 9,854 sales were labelled as newly built. The freehold trade showed a 13.5% decrease as compared to December 2016, whereas, an increase of 22.4% was observed in the sales of newly built property. Due to a time difference between the initial sale of the property and its registration, only a few sales are actually made in the observed month. In the month of December 2017, only 18,974 sales took place in the month out of the total 76,327 registration applications received. The sales of **residential property** made for £1 million and above are considered to be among the most important and impactful transactions in this data. 335 of these sales were made in England and Wales, while 180 of these high profiles sales were transacted in Greater London. 3 of these sales were handled in each, Birmingham and Greater Manchester, while the area of Cardiff sold no property above the price tag of £1 million. The most expensive residential property sold was for £10,075, 000 in the City of Westminster, whereas, the cheapest one was sold for £15,000 in Llanelli. Similarly, the most expensive commercial sale was made for £33,809,500 in the area of Walthamstow, and the cheapest [Fast Commercial Loans](https://www.hankzarihs.com/fast-bridging-finance/) sale in the commercial market was made for £100 in Chigwell. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, News **Tags:** bridging finance loans london, Fast Commercial Loans, halifax property development finance, london bridging finance loan --- ### [Old Tottenham Hotspur Training Ground | 60 Houses | Chigwell](https://www.hankzarihs.com/london-bridging-finance-old-tottenham/) **Published:** February 13, 2018 **Author:** Shiraz Khan **Content:** The site Tottenham Hotspur Training Ground, Luxborough Lane, Chigwell, Essex, IG7 5AB has been chosen as the primary location in the development application submitted by Anderson Group Limited. The application has been awarded the subcontract, while it is still pending the detailed approval. [![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## [London Bridging Finance](https://www.hankzarihs.com/london/) This will be a [privately funded project](https://www.hankzarihs.com/equity-joint-ventures/) for the new build of a National Autistic School and 60 residential units on the land. The entire development will be completed in a duration of 26 months. Upon completion, the floor and the site area covered by the development will be 3800 square meters and 10 Ha respectively. The National Autistic School will be surrounded by mixed-use game areas, playing fields and associated parking. RMA Architects Limited and Iceni Projects Limited will join this development as the lead architecture firm and the primary planner. Create Consulting Engineers Limited will provide their consulting services in the aspects of Structural engineering, Civil engineering and Sustainability. MLM Consulting Engineers will be responsible for the mechanical and electrical engineering consultancy. The project managers for the project are RMA Architects Limited and Anderson Group Limited. Anderson Group Limited is the primary contractor for the entire development and has also won the subcontractors for the foundations and the groundworks construction. Longman Electrical Contractors has been awarded the subcontracts for Electrical development, Fire Protection and Security. Tarbin Plumbing & Heating will be in charge of the subcontracts for Heating and Ventilation, Mechanical Development and Plumbing. The subcontracts for roofing and scaffolding have been awarded to Essex Roofing Limited and D & B Scaffolding respectively. Chigwell Construction and Munster Joinery Limited will be responsible for the subcontracts of doors and windows, while Winchmore Limited and CJ Decorating will be involved with painting and decoration aspects of the project. Hank Zarihs Associates is always ready for serving real estate developers with the right loan featuring high returns. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** House price in London, London Bridging Finance, non status bridging loans uk, property refurbishment finance --- ### [Engineers Way | Wembley | 340 Units – HZA](https://www.hankzarihs.com/london-bridging-finance-engineers-wembley/) **Published:** February 14, 2018 **Author:** Shiraz Khan **Content:** An official application has been submitted for the construction of 340 flats and studio apartments on the land surrounding Wembley Stadium, Engineers Way, Wembley, Middlesex, HA9 0EG, by the client Quintain Estates & Development Plc. The application has been awarded the subcontract for the [development finance](https://www.hankzarihs.com/development-finance/), but it is still pending a detailed approval. ![](https://www.hankzarihs.com/wp-content/uploads/2018/03/Banner-V3_dynamic.gif "- Bridging and Development Finance Solutions") ## **Engineers way project** Commencement of the project will happen in late March 2017, and the project will finish the development in late March 2020. 340 flats comprising studio and one, two and three-bedroom leisure flats will be constructed in a period of 36 months. The structure will rise as high as 14 storeys, and 2 storeys will also be developed below the ground level. 272 parking spaces will be made available for the residents of the flats. Upon completion, the project will spread over a floor and site area of 57234 square meters and 29.1384 Ha respectively. The gross retail floor space will be 1879 square meters. Michael Hellier of Flanagan Lawrence has been assigned the role of the lead architect for the development of the project, and he will be accompanied by Paula Carney of WYG, who will act as the primary planner. Fabrik Limited and Tower Eight will be the primary landscape architecture firm and Quantity Surveyor respectively, while Platform 5 Architects will join the project as the lead interior design firm. Buro Happold and WSP Parsons Brinckerhoff (Head Office) will offer their consultancy services for Structural engineering and Transport. The primary contractor for the entire development is McLaren Construction Limited. Box & Charnock Limited has won several subcontracts including fire protection, heating & ventilation, mechanical and electrical engineering, plumbing and security services. JRL Environmental Limited has been awarded the subcontracts for the development of civil, floors, frame, groundworks, stairs and external walls. The subcontracts for ceiling finishing and wall finishing have been acquired by TJ Lott Limited, while the interior fitting out subcontract has been allotted to Walker Modular. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** Joint ventures and business partnerships, London Bridging Finance, non status bridging loans uk, second charge bridging loans --- ### [Stratford Centre | 20 , 25 & 42 Storeys | 583 Units](https://www.hankzarihs.com/property-development-loan-stratford-centre/) **Published:** February 14, 2018 **Author:** Shiraz Khan **Content:** **Property Development Loan:-**Frogmore Property Company Limited has officially submitted an application for the development and extension of the existing Morgan House at the site Morgan House, 17-19 The Mall, Stratford, London, E15 1XB. The detailed approval is still pending for the application of this [**privately funded project**](https://www.youtube.com/watch?v=lYJjPXGYWvo). ![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions") ## [Property Development Loan](https://www.hankzarihs.com/property-development-loan-stratford-centre/) The development will commence from the second quarter of 2019. The project will be an extension and refurbishment of the existing Morgan House. 3 structures will be developed for the project. The first two structures will rise as high as 20 storeys and 25 storeys respectively. They will consist of 241 one bedroom houses, 225 two bedroom houses and 117 three bedroom houses. The last structure will be 42 storeys high, and it will feature a mixed-use of general and retail offices, with associated passenger lifts and surface car parking areas. The entire floor area and the site area will be 5845 square meters and 3.065 Ha respectively. A total of 583 units will be developed during the construction of the project. 857 parking spaces will be provided for the residents. Sustainable Homes has given the project 4 stars, while BREEAM Rating has labelled the project as “excellent”. Allford Hall Monaghan Morris and CB Richard Ellis Limited will join the project as the lead architecture firm and the lead planner firm respectively. The primary landscape architect and Quantity Surveyor will be Gillespies LLP and Alinea Consulting LLP respectively. The consultancy services for the Mechanical and Electrical engineering and Structural engineering will be offered by Cundall Johnston and Partners and AKT 2. The primary Consulting Engineer and the primary Sustainability Consultant will be David Bonnet Associates and Greengage. The management group includes Catalyst Capital LLP, Jackson Coles Head Office and Alinea Consulting LLP. [**HZ Associates**](https://www.europeanproperty.com/news/5-super-home-improvements-to-build-remodel-value-into-your-property-for-2019/) is always ready for serving real estate developers with the right loan featuring high returns. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** commercial bridgning loan UK, london property market, Property Development Loan, second charge bridging loans --- ### [Abbey Retail Park | 597 Units | 90M -HZA](https://www.hankzarihs.com/quick-bridging-loans-online-abbey-retail-park/) **Published:** February 15, 2018 **Author:** Shiraz Khan **Content:** **Quick Bridging Loans Online:-** An official application has been submitted for the development of 597 flats at the site Abbey Retail Park, Abbey Road, Barking, Essex, IG11 7BT. The subcontract has been awarded for the development, but the application is still pending a detailed approval. ![](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions") ## Quick Bridging Loans Online by HZA This[ **privately funded**](https://www.hankzarihs.com/fast-non-status-bridging-loans/) Brownfield Site project will begin with the demolition of the existing infrastructure and end with the development of the residential units. The project will begin in March 2018 and finish the construction in March 2021. 2 structures will be developed, consisting of a total of 597 residential units. The structures will rise as high as 15 storeys. 373 one bedroom houses and 224 two bedroom houses will be developed for the project and a total of 73 parking spaces will be provided to the residents. The floor area for the project will be 493 square meters, and the entire site area for the project will be 1.28 Ha. The primary architecture firms for the project will be Broadway Malyan Head Office and Iceni Projects Limited. Furthermore, Broadway Malyan will also be the lead landscape architecture firm for the project, and Iceni Project Limited will also serve as the primary planner for the development. THD Consulting Engineers and Walsh Group will offer their consultancy services in the aspects of Mechanical and Electrical engineering and Structural engineering. The project managers for the entire development will be Be:Here and Philip Pank Partnership Head Office. Demon One Limited has been awarded the subcontract for demolitions. The investors and developers of the Abbey Retail Park Project can take up [**HZ Associates**](https://www.finance-monthly.com/2018/11/development-finance-is-the-biggest-hitch-for-building-boom/) easy, quick, and hassle – free infrastructure capitals for making the project a huge success that can be cherished for years to come. HZ Associates is always ready for serving real estate developers with [**Quick Bridging Loans**](https://www.hankzarihs.com/quick-bridging-loans-online-abbey-retail-park/) featuring high returns. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** Best Joint Ventures company UK, commercial loan providers, property development finance options, Quick Bridging Loans Online --- ### [UK Retail Investors “pulling out of property funds”](https://www.hankzarihs.com/uk-property-funds-investors/) **Published:** June 30, 2016 **Author:** Shiraz Khan **Content:** **UK Property Funds:-** UK retail investors are pulling out of property and **UK equity funds** and switching into global and Japan equities, according to a report from online investment platform rplan.co.uk. The analysis shows that the number of trades on the rplan.co.uk platform was up 175% over the weekend following the Brexit vote versus the previous weekend, and 76% of withdrawals was from property funds and 22% from UK equity funds. [![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2016/06/4-Banner-2.gif "4-Banner-2 - Bridging and Development Finance Solutions")](/contact-us/) The volume of switching between funds was 4.5 times higher than the previous weekend. The sectors most bought overall included Global Equities (56%), Japan Equities (20%), UK Equities (16%) and North America Equities (5%). Stuart Dyer, rplan.co.uk’s Chief Investment Officer, said: “UK investors’ fears about the prospects for property are striking. Clearly, there are worries that property would be affected by a possible economic downturn and the withdrawal of foreign investors. “But investors should not be too hasty in making decisions about the consequences of Brexit. Property and other asset classes have their roles to play in a balanced portfolio invested for the long term. Diversification helps to reduce both the impact of volatility and risk.” Analysis announced last week by rplan.co.uk showed that UK investors had reduced their investment in the UK and European equities and markedly increased their holdings in cash in the run-up to the EU referendum. The level of new investments in UK funds on the rplan.co.uk platform was down 63% over the last month and down 46% over the last three months versus the same periods last year. Levels are down 34% in the last six months versus the same period last year. However, the levels of new investments into cash are up 408% in the last three months and up 411% in the last six versus the same periods last year. You can check the *View Original Source* ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, News **Tags:** uk property funds, UK Property Market, uk property market forecast, UK property prices --- ### [Brexit Uncertainty for the Housing Market](https://www.hankzarihs.com/brexit-housing-market/) **Published:** July 1, 2016 **Author:** Shiraz Khan **Content:** Britain’s **housing market** is in a febrile state. The Brexit vote has thrown prospective buyers and sellers into doubt over the wisdom and timing of their transactions — and getting it wrong could cost them dearly. [![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## Housing Market – Hank Zarihs Associates FT Money’s electronic postbag has this week been swelling with property-related questions, none of which are simple to answer while confusion reigns over the future shape of Britain’s relations with the EU, the tenor of the UK’s next political leaders or the economic ramifications of this momentous decision. Will prices rise or fall and by how much? Should I wait to see what happens before buying or rush ahead before conditions change? Which way will mortgage rates head if the economic turmoil continues? And what would a recession due to my ability to keep up with the repayments? Those looking to buy are unsure whether they are buying at the right price, while sellers are fretting that their deal may not happen — and falling prices could thereafter leave them out of pocket. Though less than a week has elapsed since the result, signs of changing behaviour in the market are beginning to emerge. While the negotiations are months away in Brussels, they have already started in earnest between Britain’s home buyers and sellers. Some of the former are putting purchases on hold or pulling out entirely, spooked by the lack of clarity over what is to come. Agents and brokers are reporting buyers asking for a 5-10% discount, even after the seller has formally accepted an earlier offer. Their behaviour seems entirely reasonable: why would you buy if you thought the price was soon to fall? But it has also led to a Mexican stand-off between purchasers and vendors, the latter unwilling to give up on a price that might well not survive a subsequent testing in the market. In London, this state of affairs has been apparent for several months, prompting a fall in the number of top-end sales and a softening in prices. Brexit is set only to exacerbate this rebalancing of power towards buyers and is likely to spread beyond the capital. For some, the decision to pause is relatively easy. One **mortgage broker**, Nigel Bedford of Largemortgageloans.com, said a Spanish-Australian couple working for international banks in the City of London had rung earlier in the week to pull the plug on their first-time purchase, since they were unable to ignore the growing possibility that in six months they might well be working somewhere else in the world. For those in a chain, the prospect of falling prices cuts both ways: if all buyers demand a discount, sellers may be forced to take less; but if this happens across the market, they themselves could reasonably expect to prise a discount from the sellers of their next home. And if they are upgrading to a more valuable property, a 5% cut in its value should more than offset a similar discount on their own. The same formula works in reverse for those looking to downsize, of course — a further disincentive to sell for older owner-occupiers in homes too big for them who were already worried about losing out from a move. What signals does the mortgage market offer potential buyers? The mood today could hardly be more different from the crisis atmosphere of 2008 when the banking system froze and lending dried up. For now, deals have hardly looked better or more abundant. Swap rates, which are used by lenders to price home loans, have fallen since Friday, giving them room to sweeten fixed-rate deals that were already plumbing record low rates of interest. Amid the volatility and speculation of last week, HSBC launched the lowest ever two-year fix at 0.99%. If other lenders respond, they are likely to do so in the next few weeks. While the shorter-term fixes look temptingly unbeatable, borrowers would do well to consider the risks of emerging from a fixed-term deal onto a lender’s standard variable rate in two or three years time, just as the UK makes its definitive break with the EU following a two-year negotiation period. Five-year deals, though running at higher rates, may be a better hedge against deep uncertainty. In the longer term, the bond market is pricing in a cut to base rates, on the assumption that Mark Carney, Bank of England governor, will at some point be forced to stimulate a slowing economy. If that happens, banks and building societies will have another reason to sharpen their appeal to borrowers. Making calls about the long term, though, is a dangerous business. The counterargument to forecasts of lower rates is that sterling’s precipitous fall this week has raised the cost of overseas goods and services in a net-importing economy, and the inflation this triggers will require base rates to go up rather than down. That course of events is much less pleasant for mortgage borrowers to contemplate. I apologize in advance to our perplexed readers, who are unlikely to draw comfort, let alone answers, from such “what-if” scenarios. When buyers wobble, estate agents’ traditional response — and one not without merit — is that buying a property is not just about acquiring an asset but a home in which to live, love and, for many, to bring up a family over many years: hold onto it long enough, and you increase your chances of reaching the sunlit uplands of recovery. Brexit, though, appears to have introduced a worrying new sentiment among some buyers. I spoke to, a young UK professional and Remain voter who was due to exchange on her first **property** purchase, was not only concerned about taking on a large loan ahead of a possible recession but felt the referendum had undermined the rationale for her decision. “I’m no longer sure I want to buy in this country,” she said. “Do I really want to live here?” ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, mycrousal, News **Tags:** Development Finance Uk, Housing Market, UK housing market, uk housing market news --- ### [Paddington Green | 200 Apartments Will Cost an Estimated £15M](https://www.hankzarihs.com/equity-joint-venture-financing-paddington-green/) **Published:** January 26, 2018 **Author:** Shiraz Khan **Content:** **Equity Joint Venture Financing:-** Berkeley Homes (Central London) Limited submitted a development application for the construction of 200 flats at the site 14 To 17 Paddington Green, Paddington, London, W2 1LG. The application has been awarded the contract, but it is still pending detailed approval. This [**privately funded**](https://www.hankzarihs.com/equity-joint-ventures/) project is a Brownfield Site project. This project will involve demolition of existing infrastructure and construction of 200 flats. ![](https://www.hankzarihs.com/wp-content/uploads/2018/03/Banner-V3_dynamic.gif "- Bridging and Development Finance Solutions") ## [Equity Joint Venture Financing](https://www.hankzarihs.com/equity-joint-venture-financing-paddington-green/) The project will be completed in the duration of 24 months. It will begin in September 2017 and finish in September 2019. Upon completion, the site area for the project will cover 1400 square meters. The construction will feature 1 structure with 200 units. The structure will be 14 storeys high and include 92 one bed houses, 87 two bed houses, 21 three bed houses and 61 parking spaces for the residents. This private residential development will include commercial access and estate routes, surface car parking, flats and apartments. The lead architect is Mr Matti Lampila of Piercy & Company and he will be joined by Ms Fiona Flaherty of Turley Associates, who will be the primary planner of the project. Buro Happold will provide its services in Mechanical and Electrical engineering consultancy, Structural engineering consultancy and Energy consultancy. Berkeley Homes (Central London) Limited is the chief contractor of this project. The investors and developers of the project can benefit profoundly from the real estate capitals offered by **HZA**. HZA works with the motive to ensure project success through its easy loan policies. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** equity joint venture financing, funding property development Finance, Refurbishment Finance Funding Loans, UK Residential Development Finance --- ### [Perfume Factory West London | 736 Units | Costing for £110M](https://www.hankzarihs.com/fast-commercial-bridging-loans-perfume-factory/) **Published:** January 26, 2018 **Author:** Shiraz Khan **Content:** **Fast Commercial Bridging Loans News:-** Imperial College of Science Technology and Medicine has submitted a development application for the development of 736 student beds and 85 flats. The site chosen for this project is 140 Wales Farm Road, Acton, London, W3 6UG. The application is still pending detailed approval for the construction. This is a privately funded Brownfield Site project. ![Building Finance](https://www.hankzarihs.com/wp-content/uploads/2018/03/3-Banner.gif "3-Banner - Bridging and Development Finance Solutions") ## [Fast Commercial Bridging Loans](https://www.hankzarihs.com/fast-commercial-bridging-loans-perfume-factory/) The estimated duration of this project is 36 months. Once completed, the development will cover a floor area of 27794 square meters and a site area of 7300 square meters. The development will include construction of 3 structures, consisting of 85 units. These structures will be 31 storeys high and include 58 one bed houses, 27 two bed houses. Furthermore, this development will also involve 736 beds for students. This project will consist of residential units, general offices, canteens, kitchens, surface car parking and decorative landscapes. Mr. Daniel Donnelly of CJCT Architects has been chosen as the lead architect for the project, and he will be accompanied by Mr James of DP9 Planning Consultants, who will be the planner for this project. Mr. Paul Barratt of Fabrik Limited will be the services of the Landscape architect, while Currie & Brown UK Limited will be the primary Quantity Surveyor for the project. Horae Lea will be in charge of consultancy services in the fields of Mechanical and Electrical engineering and Sustainability. WSP Parsons Brinckerhoff (Head Office) will ensure the stability of Structural engineering. Curtins Consulting Engineers is the primary Transport consultant for this project. The developers and investors of the Perfume Factory West London Project can avail easy and hassle-free capital from [**HZASSOCIATES**](https://www.finance-monthly.com/2018/11/development-finance-is-the-biggest-hitch-for-building-boom/) for making their infrastructure goal a huge success. [**HZ Associates**](https://www.hankzarihs.com/equity-joint-ventures/) works with the motive to ensure project success through its easy loan policies. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** bridging finance loans in london, Fast Commercial Bridging Loans, halifax property development finance, london bridging finance loan --- ### [Royal Wharf P3 | Costing £25M | 314 Luxury Units](https://www.hankzarihs.com/large-bridging-loans-royal-wharf/) **Published:** January 27, 2018 **Author:** Shiraz Khan **Content:** The application for the development of phase 3 of Royal Wharf has been submitted by Oxley Holdings Limited. The site chosen for this project is Royal Wharf, North Woolwich Road, Silvertown, Victoria Dock, London, E16 2BG. The subcontract has been awarded to the application, whereas it is still pending detailed approval. This project will consist of construction of 314 flats, retail units and restaurants on an empty real estate [property](https://www.hankzarihs.com/refurbishment-finance/). [![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## Large Bridging Loans The project will be completed in a period of 24 months, starting from October 2017 and ending in October 2019. The floor area of 1113 square meters will allow the development of 4 structures of 12 storeys high. The 314 units constructed will involve 138 one bedroom houses, 105 two bedroom houses, 63 three bedroom houses, 4 four bedroom houses and 4 houses with space for more than five bedrooms. The development will also feature playgrounds, canteens, surface car parking with 162 parking spaces, restaurants, pubs and bars. Glenn Howells Architects will join this project as the lead architecture firm, while the position the primary planner will be filled by Rolfe Judd Group Practice. Townshend Landscape Architects will be joining this project as the landscape architecture firm. Mechanical and Electrical engineering consultancy services and Structural engineering services will be provided by O’Connor Sutton Cronin. The management group includes Roundstone Construction Services Limited and Mr Bryn Marler of Ballymore Properties. The main contractor for the project is Ballymore Properties, while Galldris Construction Limited has won the subcontracts for Civil construction, foundations construction, groundworks and landscaping. The subcontracts for Electrical engineering, fire protection and security services has been awarded to Harrison Electrical Services. Prater Limited Head Office is yet another major contractor, which will be providing its services in the field of door construction, external walls construction and windows construction. The subcontracts for heating & ventilation and Mechanical engineering was won by Emico Limited. Finally, Artel Scaffolding holds the subcontract for scaffolding in this project. The project’s [developers](https://www.hankzarihs.com/development-finance/) and investors can easily avail capital from [Hank Zarihs Associates](https://www.hankzarihs.com/) for making their infrastructure goal success and obtaining high ROI. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** bridging loan interest rates, commercial bridge loan, large bridging loans, short term bridging loans --- ### [The Timberyard P4 | Cost £19.2M](https://www.hankzarihs.com/senior-stretch-loan-timberyard/) **Published:** January 28, 2018 **Author:** Shiraz Khan **Content:** This project will involve the development of 4 structures, which will be 8 storeys high. These 4 structures will consist of 251 residential units. The first structure will provide 29 one bedroom flats, 59 two bedroom flats and 12 three bedroom flats, whereas the second structure will offer 7 one bedroom flats, 15 two bedroom flats and 7 three bedroom flats. [![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## Senior Stretch Loan The third structure will comprise 29 one bedroom flats, 31 two bedroom flats and the fourth structure will include 45 one bedroom flats, 10 two bedroom flats and 7 three bedroom flats. The entire project will range over a net floor area of 439 square meters. Hawkins Brown Associates will take over as the lead architecture firm for this project, while Nathaniel Litchfield & Partners Limited will join them as primary planners. Greenhalgh Landscape Architecture and Peter Brett Associates will act as the landscape architecture firms for the project. AECOM will provide consultancy services for Structural Engineering, and Peter Brett Associates will assist with consultancy services in the field of Civil Engineering. Ms Dio Shuttu of Eurban Construction will join this project as the project manager. The project’s developers and investors can easily gain access to capital from [Hank Zarihs Associates](https://www.hankzarihs.com/) for making this big infrastructure aim a huge success. Moreover, with funding from Hank Zarihs Associates, they can get a high return on investment. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** commercial property finance, non status bridging loans, property development finance, senior stretch loan --- ### [Offices in Shoreditch | Estimated £375M -HZA](https://www.hankzarihs.com/commercial-loans-shoreditch-project/) **Published:** January 29, 2018 **Author:** Shiraz Khan **Content:** An application for the development of commercial offices at Curtain Road, Shoreditch, Hackney, London, EC2A 3PQ has been submitted by Galliard Homes Limited Head Office. The application has received subcontract approval, but it is still awaiting detailed approval. This is a general contractor, and the project has been categorized as Brownfield Site project. [![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## Commercial Loans by HZ ASSOCIATES The project will start in January 2018 and finish in January 2020. The estimated coverage of floor area for this project is 23250 square meters, whereas the entire site area will cover 1.02 Ha. 2 structures will be erected during this development, and the entire project will be 13 storeys high. It will provide accommodation for retail units, commercial offices and business environments. It will feature 115 parking spaces for the employees. Other features of this development include restaurants, bars, pubs, canteens, surface car parking and decorative landscapes. The Estate Office Shoreditch AKA Corsham Estates Limited and Investec Bank are the associated developers of this project. Mr John Drew of Perkins & Will is the lead architect of the entire project, and he will be assisted by the lead planner of the project, Mr David Reid of Montagu Evans LLP. Ms Martha Alker of Townshend Landscape Architects will join this project as the lead landscape architect. Buro Happold will provide their consultancy services in the areas of Structural engineering and Civil engineering, while Hurley Palmer Flatt will assist with the consultancy services for Mechanical and Electrical engineering. Mr Paul Boden of Hanover Cube and Mr Paul Webber of DML are the project managers for the project. Keltbray Limited Head Office holds the subcontracts for Civil construction, foundations construction, groundworks construction and landscaping. The scaffolding subcontract has been awarded to GKR Scaffolding. The project’s developers and investors can easily avail capital from [Hank Zarihs Associates](https://www.hankzarihs.com/) for making their infrastructure goal success and obtaining high ROI. Moreover, with **funding from Hank Zarihs Associates**, they can get a high return on investment. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** commercial bridge loan, large bridging loan, property development loan rates, short term bridging loans --- ### [Union Park | Middlesex | £11M- HZ Associates](https://www.hankzarihs.com/online-bridging-loan-union-park/) **Published:** March 6, 2018 **Author:** Shiraz Khan **Content:** **Online Bridging Loan News:-** The client London Green Limited has submitted an official application to the council of Hillingdon for the develop of 144 flats at the site The Grand Union Office Park, Packet Boat Lane, Uxbridge, Middlesex, UB8 2GH. The subcontract has been awarded to the application, they have now gained detailed approval. This project is a [**privately funded development**](https://www.hankzarihs.com/fast-bridging-finance/), and it has been categorized as a Brownfield Project. ## ![](https://www.hankzarihs.com/wp-content/uploads/2018/03/Banner-V3_dynamic.gif "- Bridging and Development Finance Solutions") ## [Online Bridging Loan – HZA](https://www.hankzarihs.com/online-bridging-loan-union-park/) The development will take place in the duration of 18 months, from October 2016 to April 2018. The entire development will cover a site area of 1.4808 Ha. 4 structures, rising as high as 5 storeys, and consisting of 144 residential flats will be erected during this development. 63 one bedroom flats, 53 two bedroom flats, and 28 three bedroom flats will be constructed for the structures. A total of 251 parking spaces will be developed for the residents. Chassay & Last Architects and Andmore Planning Limited will join the development as the lead architecture firm and the lead planner firm. Turkington Martin Studio has been chosen as the primary landscape architecture firm. The consultancy group includes Kut Partnership, Nimbus Engineering Consultants Limited, and Metropolis Planning & Design Llp. The project manager for the entire development will be London Green Limited. PMP Construction Limited is the primary contractor, while YTM Services Limited has won the subcontracts for electrical engineering, fire protection, and security. The primary ceiling and wall finishing subcontractor are Lukas Dryliner Limited. The project’s developers and investors can easily gain access to capital from HZA for making this big infrastructure aim a huge success. Moreover, with funding from [**HZA**](http://www.talkmarkets.com/member/james-helliwell/blog/guide-to-the-bridging-loan-market-and-how-to-apply-for-bridging-loans?post=198774), they can get a high return on investment. HZA always strives to offer its clients necessary financial support for the success of their real estate construction plans. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** Bridging Finance Manchester, fast non status bridging loans, online bridging loan, second charge bridging loans --- ### [Wood Wharf | 143 Residential Units | £18M](https://www.hankzarihs.com/instant-bridging-loans-wood-wharf/) **Published:** March 6, 2018 **Author:** Shiraz Khan **Content:** Canary Wharf Contractors Limited has officially submitted an application for the [development of residential units](https://www.hankzarihs.com/development-finance/) at the site Wood Wharf Rm02a, Development Plots H1, H3, H4 and Part of Plot H2, Prestons Road, Poplar, London, E14 9SF*.* The council of Tower Hamlets has awarded the contract to the application, but it is still pending a detailed approval. [![](https://www.hankzarihs.com/wp-content/uploads/2018/03/Banner-V3_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## Instant Bridging Loans The entire development will be a new build on the previously empty land. The project will begin construction from October 2017. 1 structure, rising as high as 12 storeys, will be constructed for the development. It will consist of 143 residential units. 38 one bedroom houses, 42 two bedroom houses, 31 three bedroom houses, and 32 four bedroom houses will be developed for the project. 33 parking spaces will be offered to the residents. Patel Taylor Architects and Adamson Associates (International) Limited will join this project as the primary architecture firms, while GVA Worldwide Head Office will act as the primary planner for the entire development. Wirtz International has been chosen as the lead landscape architecture firm. The primary contractor for the development is Canary Wharf Contractors Limited. The investors and developers of the WOOD WHARF Project can easily take up the [fast and credible infrastructure capitals offered by Hank Zarihs Associates](https://www.hankzarihs.com/fast-bridging-finance/). Hank Zarihs Associates always strives to offer its clients necessary financial support for the success of their real estate construction plans. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** Bridging Finance Manchester, fast bridging finance, instant bridging loans, second charge bridging loans --- ### [Lansdowne RD | £130M | 794 Unit -HZA](https://www.hankzarihs.com/residential-bridge-loans-lansdowne-rd/) **Published:** March 7, 2018 **Author:** Shiraz Khan **Content:** **Residential Bridge Loans:-**In the official application submitted by Guildhouse UK Limited, for the mixed development of the [**residential and commercial property**](https://www.hankzarihs.com/development-finance/), the site chosen is 1 Lansdowne Road, Former YMCA and Marco Polo Buildings, Croydon, Surrey, CR0 2BX. The council of Croydon has categorized this development as a Brownfield Site project, and the application is still pending a detailed approval. [![development finance loans](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-300x68.jpg "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## [Residential Bridge Loans](https://www.hankzarihs.com/residential-bridge-loans-lansdowne-rd/) From the fourth quarter of 2018 to the fourth quarter of 2020, the entire project will be developed in 24 months. 2 structures, towering up to 68 storeys high, and consisting of 794 units will be constructed during the development. 443 one bedroom houses, 279 two bedroom houses, 64 three bedroom houses, and 8 four bedroom houses will be featured in this development. Furthermore, 217 hotel rooms will also be developed for the project. 157 parking spaces will be offered to the residents. The project will cover a floor and a site area of 32262 square meters and 4800 square meters respectively. CZWG Architects and Martin Robeson Planning Practice will join the development as the lead architecture firm and the primary firm. The primary landscape architect and quantity surveyor will be Livingstone Eyre Associates and Tropus & Spicer respectively. Expedition Engineering Limited will offer their consultancy services in the areas of structural and civil engineering. The primary mechanical and electrical engineering consultant will be M-E Engineers, while the flood risk assessment consultant will be Vectos Highway Infrastructure. Tropus & Spicer will also act as the project manager for the development. The project’s developers and investors can easily gain access to capital from [**HZ ASSOCIATES**](https://www.europeanproperty.com/news/5-super-home-improvements-to-build-remodel-value-into-your-property-for-2019/) for making this big infrastructure aim a huge success. Moreover, with funding from HZA, they can get a high return on investment.. HZA always strives to offer its clients necessary financial support for the success of their real estate construction plans. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** 2nd charge loans, non status bridging loans, refurbishment finance, residential bridge loans --- ### [Chapel Riverside | £5.2M | 52 Houses -HZA](https://www.hankzarihs.com/best-bridging-finance-chapel-project/) **Published:** March 7, 2018 **Author:** Shiraz Khan **Content:** **Best Bridging Finance:-**An official application has been submitted to the council of Southampton, by Inland Homes Plc, for the development of 52 houses at the site Chapel Riverside Former Town, Depot Site, Albert Road North, Southampton, Hampshire, SO14 5GB. This [**privately funded**](https://www.hankzarihs.com) project falls under the umbrella of New build projects, and it will include the commencement of the new project on an existing empty land. [![development finance loans](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-300x68.jpg "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## [Best Bridging Finance](https://www.hankzarihs.com/best-bridging-finance-chapel-project/) The project will begin construction in April 2018. Towering 2 storeys high, 52 houses will be developed during the project. 9 parking spaces will be provided for the residents. Inland Homes Plc and Nathaniel Lichfield & Partners Limited will take the roles of the primary architect and the primary planner for this project. Inland Homes Plc will also act as the primary quantity surveyor for the development. The lead civil engineering consultant and transport consultant will be Entran Limited and Phil Jones Associates Limited. The project management group includes Inland Homes Plc and WDE Consulting Limited. Anderson Group Limited has won the subcontracts for foundations and groundworks, while Inland Homes Plc will be the major contractor for the entire development. The investors and developers of this project can easily take up the fast and credible infrastructure capitals offered by HZA. [**HZA**](https://moneyhighstreet.com/risk-losing-your-property-deposit/) always strives to offer its clients necessary financial support for the success of their real estate construction plans. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** best bridging finance, Commercial Refurbishment Loans, Development and Refurbishment Finance, london best bridging finance --- ### [150 Bishopsgate | £500M | 120 Units – HZA](https://www.hankzarihs.com/residential-loans-bishopsgate-project/) **Published:** March 8, 2018 **Author:** Shiraz Khan **Content:** **Residential Loans News**:-In the official application submitted by Stanhope Plc, for the mixed development of the [**residential and commercial**](https://www.hankzarihs.com/contact-us/) property, the site chosen is 150 Bishopsgate, Staple Hall, 87-90 Hounds, 1-17 Devonshire Row & 77-84 Houndsditch &, City, London, EC2M 4RQ. The council of the City of London has categorized this development as a Brownfield Site project, and the application is still pending a detailed approval. [![development finance loans](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-300x68.jpg "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## [Residential Loans News](https://www.hankzarihs.com/residential-loans-bishopsgate-project/) The development of the project will begin in November 2017. 1 structure, towering up to 43 storeys high, and consisting of 284 units will be constructed during the development. 42 one bedroom flats, 60 two bedroom flats, 11 three bedroom flats, and 7 four bedroom flats will be featured in this development. Furthermore, Pan Pacific Hotel will also be developed for the project. The project will cover a floor and a site area of 97718 square meters and 5000 square meters respectively. PLP Architecture and MSMR Architect will join the development as the lead architecture firms, and the primary planner firm will be DP9 Planning Consultants. The primary interior design architect and quantity surveyor will be Yabu Pushelberg and Alinea Consulting LLP respectively. WSP Parsons Brinckerhoff (Head Office) Limited will offer their consultancy services in the areas of structural and mechanical & electrical engineering. The primary sustainability consultant will be Eight Associates. Arcadis Head Office will act as the project manager for the development. The demolition subcontractor will be Keltbray Limited Head Office, while the primary joinery subcontractor will be Ruddy Joinery & Fit-Out Limited. Expanded Structures Limited has won the subcontracts for foundations and groundworks. The project’s developers and investors can easily gain access to capital from HZ Associates for making this big infrastructure aim a huge success. Moreover, with funding from **[HZ Associates](https://www.finance-monthly.com/2018/11/development-finance-is-the-biggest-hitch-for-building-boom/)**, they can get a high return on investment. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** funding property development Finance, Refurbishment Finance Funding Loans, residential loans, UK Residential Development Finance --- ### [Chobham Manor | £26.6M | 253 Houses – HZA](https://www.hankzarihs.com/online-construction-loans-chobham-manor/) **Published:** March 8, 2018 **Author:** Shiraz Khan **Content:** Taylor Wimpey (East London) has submitted an official application for the development of 253 houses at the site Development Parcel 6.3, Planning Delivery Zone 6, Stratford, London, E15 1FT. The council of London Legacy has awarded the subcontract to the application, but a detailed approval is still pending. [![development finance loans](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-300x68.jpg "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## Online Construction Loans The project will begin from the first quarter of 2019. 253 residential units will be developed for the entire project. The project will feature 17 one bedroom houses, 21 two bedroom houses, 174 three bedroom houses, 30 four bedroom houses, and 11 five bedroom houses. The entire development will cover a floor area of 882 square meters. PRP Architects will fill the position of the lead architecture firm, while Quod Planning Limited will join the project as the lead planner firm for the project. The primary quantity surveyor will be Taylor Wimpey (East London). PRP Architects will also offer their services in the field of sustainability consultancy. Taylor Wimpey (East London) will also act as the primary contractor and the project manager for the entire development. The project’s [developers](https://www.hankzarihs.com/development-finance/) and investors can easily [gain access to capital from Hank Zarihs Associates](https://www.hankzarihs.com/) for making this big infrastructure aim a huge success. Moreover, with funding from Hank Zarihs Associates, they can get a high return on investment. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** bridging finance loans london, Fast Commercial Bridging Loans, london bridging finance loan, Online construction loans --- ### [Kensal Road | 50 Units | £5M](https://www.hankzarihs.com/equity-financing-kensal-road/) **Published:** March 8, 2018 **Author:** Shiraz Khan **Content:** Stamford Norfolk Limited has submitted a development application for the construction of 50 residential flats on the site 321-337 Kensal Road, North Kensington, London, W10 5DA. This Brownfield Site project is in the stage of detailed planning. This project will involve demolition of existing infrastructure on the land and the construction of the new project will commence. [![development finance loans](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-300x68.jpg "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## Equity Financing News Upon completion, this [development finance ](https://www.hankzarihs.com/development-finance/)will include 25 one bedroom, 18 two bedrooms and 7 five bedrooms flats for the residents, covering a site area of 1175 square meters. The complete project will include 50 units in 1 structure, and it will consist of 4 storeys above the ground level. This private development will also include surface car parking and associated landscaping. Sti & Trevillion will act as the lead architect for this project, while Barton Willmore will accompany them as the primary planner for this project. Consultancy in the field of Structural Engineering will be provided by Horwitz Associates. Sustainability and Transport consultancy will be provided by SRE and Cole Easdon Consultants. The primary Mechanical & electrical engineering consultant will be Green Building Design Consultants. The investors and developers of the Portal West Project can easily take up the fast and credible infrastructure capitals offered by Hank Zarihs Associates. HZA always strives to offer its clients necessary financial support for the success of their real estate construction plans. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** bridging finance loans london, equity financing, Fast Commercial Bridging Loans, london bridging finance loan --- ### [Portal West | 578 Apartments | £50M](https://www.hankzarihs.com/short-term-loans-portal-west/) **Published:** March 12, 2018 **Author:** Shiraz Khan **Content:** City & Docklands Property Group together have submitted an application for the development of 578 flats and commercial space at the site 6 Portal Way, Acton, London, W3 6RU. This is a privately funded project, and then it has been categorized as a Brownfield Site project. [![](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-300x68.jpg "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## Short Term Loans The entire construction will be 42 storeys high, and it will comprise 578 units in total. A total of 4 structures will be erected during the development. The site area for the project is 5800 square meters, while the entire floor area covered will be 4697 square meters. 340 one bedroom flats, 204 two bedroom flats, and 34 three bedroom flats will be constructed for the project. The development will offer 33 parking spaces for the residential units. BUJ Architects will fill the role of the lead architect for the project, while the primary planner for the development will be Savills PLC. Outer Space will act as the lead landscape architecture firm. Manhire Associates Limited will provide consultancy services in the areas of structural engineering, and civil engineering, whereas the primary sustainability consultant will be Metropolis Planning & Design Llp. The primary contractor for the entire development will be CJ O’Shea Group Limited. The investors and developers of the Portal West Project can easily take up the fast and credible infrastructure capitals offered by [Hank Zarihs Associates](https://www.hankzarihs.com/). We always strives to offer its clients necessary financial support for the success of their real estate construction plans. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** bridging finance loans london, bridging loans southampton, Fast Commercial Bridging Loans, short term loans --- ### [Millbrook Farm | £27.4M | 355 Units -HZA](https://www.hankzarihs.com/bridge-loan-millbrook-farm/) **Published:** March 12, 2018 **Author:** Shiraz Khan **Content:** **Bridge Loan News:-**Barratt East London Limited has officially submitted an application for the development of residential units at the site Phase 9, Millbrook Park, Former Inglis Barracks, Mill Hill, London, NW7 1PX*.* The council of Barnet has awarded the contract to the application, but it is still pending a detailed approval. The entire development will be a new build on the previously empty land. [![development finance loans](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-300x68.jpg "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## Bridge Loan News 1 structure, rising as high as 8 storeys, will be constructed for the development. It will consist of 355 residential units. 145 one bedroom houses, 191 two bedroom houses, 15 three bedroom houses, and 4 four bedroom houses will be developed for the project. 366 parking spaces will be offered to the residents. Tate Hindle Design Limited will join this project as the primary architecture firm, while GVA Worldwide Head Office will act as the primary planner for the entire development. Cameo And Partners have been chosen as the lead landscape architecture firm. The consultancy group includes Waterstone Designs and Gravity Consulting Engineers. The primary contractor for the development is Barratt East London Limited. The investors and developers of this project can easily take up the fast and credible infrastructure capitals offered by HZA. **HZA** always strives to offer its clients necessary financial support for the success of their real estate construction plans. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** bridge loan, Bridging Finance, commercial mortgage broker, equity financing --- ### [Mitsubushi Tower | £250M | HZA](https://www.hankzarihs.com/property-bridging-loan-mitsubushi-tower/) **Published:** March 13, 2018 **Author:** Shiraz Khan **Content:** **Property Bridging Loan News**:- MEC London Property 2 LP has officially submitted an application for the development of Mitsubishi Towers at the site between 150 Leadenhall Street, and 6-8 Bishopsgate, City, London, EC2N 4DA. This privately funded project has been categorized as a Brownfield Site project, and it will involve the demolition of the existing infrastructure on the land, before beginning the development of the Mitsubishi tower on the land. [![development finance loans](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-300x68.jpg "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) The project will begin development in the third quarter of 2018 and finish development in the third quarter of 2022. The project will feature the construction of meeting rooms, changing facilities, viewing gallery and retail, restaurant use at the part ground floor and mezzanine level. The entire structure in the construction will be 40 storeys high. The floor and the site are for the development will be 68452 square meters and 4460 square meters respectively. 2 storeys will also be developed below the ground level. [**Property Bridging Loan**](https://www.hankzarihs.com/property-bridging-loan-mitsubushi-tower/) required for such projects can be availed by infrastructure developers from HZA associates at reasonable terms. Wilkinson Eyre Architects Head Office will be joining the project as the lead architect, while Gerald Eve (Head Office) will join the project as the primary planner. The consultancy services in the fields of Mechanical and Electrical engineering, Sustainability, and Structural Engineering will be provided by Arup Head Office. Prospective investors and developers can easily get capital from [HZA](http://www.stockhouse.com/blogs/uk-real-estate-blog/november-2018/short-guide-to-buying-property-in-the-uk) for realizing their goal of [**infrastructure development**](https://www.hankzarihs.com/commercial-finance/) as well as getting good returns by investing in this high end project. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects --- ### [Job Centre Plus | Dagenham | £5.5M – HZA](https://www.hankzarihs.com/bridge-lending-job-centre-plus/) **Published:** March 14, 2018 **Author:** Shiraz Khan **Content:** The client London Wall Outsourcing Investments Limited has submitted an official application to the council of Barking for the development of 70 flats and commercial units at the site Department Of Employment, Chequers Lane, Dagenham, Essex, RM9 6PS. The subcontract has been awarded to the application, while it is still pending a detailed approval. This project is a [privately funded development](https://www.hankzarihs.com/development-finance/), and it has been categorized as a Brownfield Project. [![development finance loans](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-300x68.jpg "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## **Bridge Lending News** The entire development will cover a site area of 1900 square meters and a floor area of 175 square meters. 1 structure, rising as high as 8 storeys, and consisting of 70 residential flats will be erected during this development. 42 one bedroom flats and 28 two bedroom flats will be constructed for the structures. A total of 6 parking spaces will be developed for the residents. Collado Collins Architects and GL Hearn & Partners will join the development as the lead architecture firm and the lead planner firm. The consultancy group includes Cudd Bentley Partnership Limited, RPS CgMs, and Scott White & Hookins Limited. The project manager for the entire development will be London Wall Outsourcing Investments Limited. Prospective investors and developers can easily get capital from Hank Zarihs Associates for realizing their goal of infrastructure development as well as getting good returns by investing in this high end project. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** Bridge Lending, bridging loan brokers, commercial property finance, short term bridging loans --- ### [Smeed & Moiner RD | £12.3M | Bow -HZA](https://www.hankzarihs.com/bridging-finance-broker-smeed-moiner/) **Published:** March 14, 2018 **Author:** Shiraz Khan **Content:** City & Suburban Homes Limited submitted an application for development for a mixed-use development on 28th October 2014. This Brownfield Site project is set to be constructed on the site 1 Smeed Road & 79-85 Monier Road, Bow, London, E3 2PS. The subcontracted has been awarded for the application, while the detailed approval is still pending for this privately funded project. [![development finance loans](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-300x68.jpg "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## **Bridging Finance Broker** This project will begin in April 2017. Once completed, the project will feature 1 structure with 126 housing units for residential purposes, covering a floor area of 1960 square meters. The [**development finance**](https://www.hankzarihs.com/refurbishment-finance/) will include construction of 7 storeys. This development will involve surface car parking, shops, access and landscaping, and restaurants. Hawkins Brown Architects has been chosen as the lead architect for this project, and they will be accompanied by CMA Planning Limited, who will act as the primary planner. Jackson Coles Head Office is the lead quantity surveyor for the project. Arup Head Office will provide its services in Mechanical and Electrical engineering consultancy, while they will also assist with the consultation of structural engineering, civil engineering, and sustainability. The primary contractor is Weston Homes Limited. The demolition contract is being held by Havering Demolition & Recycling Limited. Rationel Windows (UK) Limited has won the subcontracts for windows and doors. UPR Services Limited is the primary scaffolding subcontractor. The investors and developers of this project can easily take up the fast and credible infrastructure capitals offered by HZA. Hank Zarihs Associates always strives to offer its clients necessary financial support for the success of their real estate construction plans. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** bridging finance broker, commercial mortgage broker, Commercial property loan, property developer finance --- ### [New Wood Wharf | Poplar | £100M -HZA](https://www.hankzarihs.com/bridging-finance-loans-new-wood-wharf/) **Published:** March 15, 2018 **Author:** Shiraz Khan **Content:** **Bridging Finance Loans News:-**Canary Wharf Group PLC has submitted an application for the development of residential houses and commercial property on the site Wood Wharf Rm01, Development Plots A1, A4, B3 and D1, Wood Wharf, Prestons Road, Poplar, London, E14 9SB. An estimated cost of £100M will be used in the construction of mixed-use [**development finance**](https://www.hankzarihs.com/development-finance/) of 58 storeys, comprising of 472 units. The physical structure will also include an underground storey. The project is still pending contract and details approval. This project is a new build, which means that the construction will be commenced upon the previously vacant property. The council of Tower Hamlets has awarded the subcontract to the application, while a detailed approval is still in process. [![development finance loans](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-300x68.jpg "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## [Bridging Finance Loans](https://www.hankzarihs.com/bridging-finance-loans-new-wood-wharf/) The project will begin development in early October 2015 and finish construction in 50 months in early December 2019. Housing units, rising as high as 58 storeys, will be developed for this project. It will consist of 472 residential units. 245 one bedroom flats, 174 two bedroom flats, 49 three bedroom flats, and 4 four bedroom flats will be featured in this project. The structure will cover a site area of 72.88 Ha and a floor area of 22254 square meters. The development will also feature a ground restaurant and basement car parking. Herzog & de Meuron UK Limited, Adamson Associates (International) Limited, Allies & Morrison Urban Practitioners, and Stanton Williams have been chosen to act as the primary architecture firms for the project, while GVA Worldwide Head Office will be the primary planner for the development. Wirtz International and Gleeds UK Head Office will join the development as the primary landscape architect, and quantity surveyor respectively. Atelier Ten will offer their consultancy services in the aspects of mechanical & electrical engineering, and the primary structural engineering consultant will be Thornton Tomasetti. Steer Davies and Gleave will join the development as the primary Civil engineering consultant. The project manager for the entire development will be Canary Wharf Group PLC. **HZA** is always ready for serving real estate developers with the right loan featuring high returns. Canary Wharf Contractors Limited will join the development as the primary contractor. Bachy Soletanche and Expanded Limited have won the subcontracts for groundworks. The scaffolding and interior fitting out subcontracts have been assigned to Proplant Scaolding Limited. The primary frame subcontractors are O’Halloran & O’Brien Limited and Expanded Limited. The leading mechanical and electrical subcontractors are NG Bailey & Company Limited, Emico Limited, and SES Engineering Services. Schneider (GB) Limited has won the subcontracts for doors, external walls, and windows. PIP Building Services Limited has been awarded the subcontracts for electrical services, fire protection, and security services. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** Bridging Finance Loans, bridging loans southampton, funding property development Finance, london best bridging finance --- ### [Royal Wharf P3 | Victoria Docks | £25M -HZA](https://www.hankzarihs.com/online-equity-fund-royal-wharf/) **Published:** March 16, 2018 **Author:** Shiraz Khan **Content:** **Online Equity Fund News:**– Oxley Holdings Limited has submitted an application for the development of residential houses and commercial property on the site Royal Wharf, North Woolwich Road, Silvertown, Victoria Dock, London, E16 2BG. An estimated cost of £25M will be used in the construction of mixed-use development of 12 storeys, comprising of 314 units. This project is a new build, which means that the construction will be commenced upon the previously vacant property. The council of Newham has awarded the subcontract to the application, while a detailed approval is still in process. [![development finance loans](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-300x68.jpg "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## [**Online Equity Fund**](https://www.hankzarihs.com/online-equity-fund-royal-wharf/) The project will begin development in early October 2017 and finish construction in 24 months in early October 2019. 4 structures consisting of housing units, rising as high as 12 storeys, will be developed for this project. It will consist of 314 residential units. 138 one bedroom flats, 105 two bedroom flats, 63 three bedroom flats, and 4 four bedroom flats will be featured in this project. The structure will cover a floor area of 1113 square meters. The entire development will offer 162 parking spaces for the residents. The [**development finance** ](https://www.hankzarihs.com/development-finance/)will also feature a ground restaurant, basement car parking, landscaping and playgrounds. Glenn Howells Architects have been chosen to act as the primary architecture firm for the project, while Rolfe Judd Group Practice will be the primary planner for the development. Townshend Landscape Architects will join the development as the primary landscape architect. O’Connor Sutton Cronin will offer their consultancy services in the aspects of mechanical & electrical engineering, and structural engineering. The project manager for the entire development will be Roundstone Construction Services Limited and Ballymore Properties. Ballymore Properties will join the development as the primary contractor. Galldris Construction Limited is the primary civils subcontractor for the entire development. Galldris Construction Limited has won the subcontracts for groundworks, foundations, and landscaping. The scaffolding subcontract has been assigned to Artel Scaffolding. The leading mechanical and plumbing subcontractors are Emico Limited. Harrison Electrical Services has been awarded the subcontracts for electrical services, fire protection, and security services. Prater Limited Head Office has won the subcontracts for windows, doors, and external walls. Emico Limited will also be responsible for heating & ventilation. The primary joinery subcontractor is Ruddy Joinery & Fit-Out Limited. [**HZA**](http://www.fxstat.com/en/user/profile/FirespinFinance-83026/blog/29856826-What-is-the-current-property-market-like-and-is-there-any-booms?) is always ready for serving real estate developers with the right loan featuring high returns. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** online equity fund, property development finance, property development loans, Residential Development Finance --- ### [Merchant Square | £63.6M | 222 Homes -HZA](https://www.hankzarihs.com/online-bridge-lending-merchant-square/) **Published:** March 26, 2018 **Author:** Shiraz Khan **Content:** **Online Bridge Lending News:-** European Land has submitted a development application for the redevelopment of building 1 at the site Building 1, Harbet Road, Merchant Square, Paddington, London, W2 1JU. The application is still in the stage of detailed planning. This Brownfield site project will involve demolition of existing structure, in order to construct new structures. Once completed, the floor area for this project will cover 16658 square meters, while the entire site area will cover 5100 square meters. [![development finance loans](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-300x68.jpg "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## [**Online Bridge Lending**](https://www.hankzarihs.com/online-bridge-lending-merchant-square/) This Brownfield site project will involve the construction of one main structure, with 42 storeys above ground and 3 storeys below the ground level. Upon finishing, the structure will include 222 residential housing units and 133 parking spaces. This project will begin in the third quarter of 2020 and finish development in the third quarter of 2025. 49 one bed houses, 91 two bed houses, 79 three bed houses, 3 four bed houses, and 90 hotel beds will be featured in this project. Robin Partington Architects will be the lead architect, while DP9 Planning Consultants will act as the primary planner for this project. Townshend Landscape Architect, Ginkgo Projects Limited, and Peter Stewart Consultancy will join the development as the primary landscape architecture firms. Mechanical and Electrical engineering consultancy and civils consultancy for the project will be provided by Hoare Lea. WSP Parsons Brinckerhoff (Head Office) will act as the lead firm for offering consultancy services in the department of Structural engineering. The project manager for this operation is European Land. The investors and developers of this project can take up HZA’s easy, quick, and hassle – free infrastructure capitals for making the project a huge success that can be cherished for years to come. **HZA** is always ready for serving real estate developers with the [**right finance loan**](https://www.hankzarihs.com/our-finance/) featuring high returns. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** bridging finance broker, Commercial Refurbishment Loans, online bridge lending, short term bridging loans --- ### [West Ham FC | Upton Gardens | £64.1M](https://www.hankzarihs.com/fast-bridging-loans-west-ham/) **Published:** March 26, 2018 **Author:** Shiraz Khan **Content:** **Fast Bridging Loans News:-** Galliard Homes Limited Head Office has submitted an official application for the redevelopment at the site West Ham United Football Club, Green Street, Upton Park, Plaistow, London, E13 9AZ. Since this a Brownfield Project, the development will begin after the demolition of the existing infrastructure. The application has been submitted to the council of Newham, and it is still pending a detailed approval. [![development finance loans](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-300x68.jpg "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## [Fast Bridging Loans](https://www.hankzarihs.com/fast-bridging-loans-west-ham/) 15 structures rising 13 storeys high will be constructed for the project, and the total site area covered by the structures will be 3.3 Ha. 838 residential units will be developed, while a total of 270 parking spaces will be offered to the residents. 297 one bedroom houses, 269 two bedroom houses, 230 three bedroom houses, and 42 four bedroom houses will be featured in this project. The net retail floor space will be 878 square meters. Galliard Homes Limited Head Office is the primary developer, while the associated developers are Boleyn Phoenix Limited and Barratt East London Limited. Savills Plc is the primary planner for the development. Metropolis Planning & Design Llp will offer consultancy services in the field of sustainability. UKD Groundworks & Civil Engineering Limited has won the subcontracts for civils, foundations, groundworks, and demolition. Haydon Mechanical & Electrical Limited has been awarded the subcontracts for fire protection, heating & ventilation, mechanical & electrical, plumbing, and security. The subcontracts for doors and windows have been awarded to M Price (Aluminium & Glass Systems) Limited. Rye Demolition Limited and Eastlon Scaffolding have won the subcontracts for demolition and external walls. The investors and developers of the West Ham FC Project can take up HZA’s easy, quick, and hassle – free infrastructure capitals for making the project a huge success that can be cherished for years to come. [**HZA**](http://www.stockhouse.com/blogs/uk-real-estate-blog/november-2018/short-guide-to-buying-property-in-the-uk) is always ready for serving real estate developers with the right and [**fast bridging loan**](https://www.hankzarihs.com/equity-joint-ventures/) featuring high returns. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** fast bridging loans, property auction finance, Residential Development Finance --- ### [The Stage | Shoreditch | £375M – Hank Zarihs Associates](https://www.hankzarihs.com/equity-investment-stage-shoreditch/) **Published:** March 27, 2018 **Author:** Shiraz Khan **Content:** **Equity Investment:** An official application has been submitted to the council of Hackney, by Galliard Homes Limited Head Office, for the development of 385 residential apartments at the site Curtain Road, Shoreditch, Hackney, London, EC2A 3PQ. This privately funded project falls under the umbrella of New build projects, and it will include the commencement of the new project on an existing empty land. It has been awarded a subcontract, but it is still pending a detailed approval. [![development finance loans](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-300x68.jpg "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## [Equity Investment News](https://www.hankzarihs.com/equity-investment-stage-shoreditch/) The project will begin construction in January 2018 and finish development in January 2020. Towering 40 storeys high, 385 apartments will be developed during the project. 115 parking spaces will be provided for the residents. 264 one bedroom apartments, 84 two bedroom apartments, 23 three bedroom apartments and 14 four bedroom apartments will be featured in this project. The entire floor and site area covered by the units will be 6500 square meters and 1.02 Ha respectively. Perkins & Will and Montagu Evans LLP will take the roles of the primary architect and the primary planner for this project. Townshend Landscape Architects will act as the primary landscape architecture firm for the development. The lead civil engineering consultant and structural engineering consultant will be Buro Happold. The project management group includes Hanover Cube and DML. CJ O’Shea Group Limited, the primary contractor, has won the subcontracts for foundations and groundworks, while John F Hunt Demolition Group will be the primary demolition subcontractor for the entire development. The investors and developers of the The Stage | Shoreditch Project can take up HZA’s easy, quick, and hassle – free infrastructure capitals for making the project a huge success that can be cherished for years to come. **HZA** is always ready for serving real estate developers with the right loan featuring high returns. [**Contact Us Today !!**](https://www.hankzarihs.com/contact-us/) ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** commercial bridge loans, Development Finance Lenders, equity investment, property development mortgage --- ### [Taberner House & Queens Gardens | £40.8M](https://www.hankzarihs.com/online-construction-loans-taberner/) **Published:** March 27, 2018 **Author:** Shiraz Khan **Content:** Bridges Ventures LLP has submitted an official application for a redevelopment at the site Taberner House & Queens Gardens, Park Lane, Croydon, Surrey, CR9 3JS. Since this a Brownfield Project, the [development](https://www.hankzarihs.com/development-finance/) will begin after the demolition of the existing infrastructure. The application has been submitted to the council of Croydon, and it is still pending a detailed approval. [![development finance loans](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-300x68.jpg "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## Online Construction Loans 5 structures of 32 storeys high will be constructed for the project, and the total floor and site area covered by the structures will be 1159 square meters and 1.28 Ha. 514 residential units will be developed, while a total of 22 parking spaces will be offered to the residents. 208 one bedroom houses, 233 two bedroom houses, and 73 three bedroom houses. The architecture group includes Allford Hall Monaghan Morris and Darling Associates as the lead architecture firms, Gerald Eve (Head Office) and GL Hearn & Partners as the primary planners and Faithful+Gould Limited Head Office as the lead quantity surveyor. The landscape architecture firms for the project are Gillespies Head Office, Grant Associates, and DSA Engineering. The lead consultant for civil engineering, sustainability, structural engineering and mechanical & electrical engineering will be Aecom Head Office. Hub Residential is the lead project manager for the development. Cilantro Engineering UK Limited has won the subcontracts for fire protection, heating & ventilation, mechanical & electrical, plumbing and security. Erith Group is the primary demolition subcontractor. The investors and developers of the Taberner House & Queens Gardens Project can take up [Hank Zarihs Associates](https://www.hankzarihs.com/) easy, quick, and hassle – free infrastructure capitals for making the project a huge success that can be cherished for years to come. Hank Zarihs Associates is always ready for serving real estate developers with the right loan featuring high returns. We always strives to offer its clients necessary financial support for the success of their real estate construction plans. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** commercial mortgage broker, equity financing, Online construction loans, short term loans --- ### [Creekside Wharf | £50M | 249 Homes – HZA](https://www.hankzarihs.com/cheap-bridging-loans-creekside/) **Published:** March 28, 2018 **Author:** Shiraz Khan **Content:** **Cheap Bridging Loans News**:- Essential Living (Warlingham) Limited has submitted a development application for the development of 249 flats, shops and a nursery at the site Deptford Creek, Copperas Street & Creek Road, Creekside East, Deptford, London, SE8 3BT. The application is still in the stage of detailed planning. This Brownfield site project will involve demolition of existing structure, in order to construct new structures. [![development finance loans](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-300x68.jpg "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) **[Cheap Bridging Loans](https://www.hankzarihs.com/cheap-bridging-loans-creekside/):** Once completed, the floor area for this project will cover 267 square meters, while the entire site area will cover 4800 square meters. This Brownfield site project will involve the construction of two main structures, with 23 storeys above ground. Upon finishing, the structure will include 249 residential housing units and 321 parking spaces. This project will begin October 2016 and finish development in June 2018. 105 one bedroom houses, 104 two bedroom houses, and 40 three bedroom houses will be featured in this project. Assael Architecture Limited will be the lead architect, while BPTW Partner will act as the primary planner for this project. Brock Carmichael Associates Head Office will join the development as the primary landscape architecture firm. Rider Levett Bucknall will be the lead quantity surveyor. Mechanical and Electrical engineering consultancy and sustainability consultancy for the project will be provided by Sweco. Walsh Group will offer their services of structural engineering consultancy. The management group includes InnC UK and Andrew Goddard Associates Limited. Gloster MEP Limited has won the subcontracts for heating & ventilation, mechanical & electrical engineering, plumbing, and security. Conneely Drylining Limited and Rangemoor Windows have won the subcontracts for external walls and doors. Eliments has won the subcontracts for doors and windows. Inline Design Limited is responsible for ceiling finishing, interior fitting out and wall finishing. The primary joinery subcontractor is GPM Group. [**HZA**](https://www.europeanproperty.com/news/5-super-home-improvements-to-build-remodel-value-into-your-property-for-2019/) is always ready for serving real estate developers with the right loan featuring high returns. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** bridging loan for property development, cheap bridging loans, property bridging loan, property developer finance --- ### [The Elgin Estate | £12M | 43 Homes – HZA](https://www.hankzarihs.com/equity-financing-elgin-estate/) **Published:** March 29, 2018 **Author:** Shiraz Khan **Content:** **Equity Financing**:- Walterton & Elgin Community Homes Limited submitted an application for the construction for residential use development on 16th November 2012. This Brownfield Site project is set to be constructed on the site Elgin Estate, Harrow Road, Maida Vale, London, W9 2HX. The subcontracted has been awarded for the application, while the detailed approval is still pending for this privately funded project. This project is the regeneration of the existing infrastructure on the land. [![development finance loans](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-300x68.jpg "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## [Equity Financing News](https://www.hankzarihs.com/equity-financing-elgin-estate/) This project will begin in November 2017 and finish development in November 2019. Once completed, the project will feature 3 structures with 43 housing units for residential purposes, covering a floor area of 347 square meters and a site area of 4900 square meters. These structures will rise as high as 5 storeys. 10 one bed houses, 23 two bed houses, 8 three bed houses, and 2 four bed houses will be featured in this development. This development will involve surface car parking, shops, access and landscaping, and restaurants. A total of 10 parking spaces will be offered to the residents. Buchanan Associates Architects has been chosen as the lead architect for this project, and they will be accompanied by Arborhelp, who will act as the primary Landscape architect firm. Philip Pank Partnership Head Office is the lead quantity surveyor for the project. Design Group 3 LLP will provide its services in Mechanical and Electrical engineering consultancy, while they will also assist with consultation energy. Michael Barclay Partnership is the primary consultant for structural engineering. The lead sustainability consultant will be BBS Granite Concepts Limited. The primary contractor is Pavehall Plc. Ground Specialists Limited has won the subcontracts for civils, foundations, and groundworks. Griffin Scaffolding London and Oakwood Plant Group will be the primary scaffolding and demolition subcontractor respectively. **HZA** is always ready for serving real estate developers with the right [**finance loan**](https://www.hankzarihs.com/2nd-charge-bridging-loans/) featuring high returns. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** Bridging Finance, commercial mortgage broker, equity financing, short term loans --- ### [Willesden Green Garage, Cricklewood | 81 Flats | Cost £20M](https://www.hankzarihs.com/instant-bridging-finance-willesden-project/) **Published:** January 30, 2018 **Author:** Shiraz Khan **Content:** **Instant Bridging Finance News:-** Healey Development Solutions Limited has officially submitted an application for the development of 81 residential units at the site Willesden Green Garage, St Pauls Avenue, Cricklewood, London, NW2 5TG. The project is still pending detailed approval, and it will be a [**privately funded**](https://www.hankzarihs.com/equity-joint-ventures/) Brownfield Site project. The project will feature demolition of any existing real estate property and erection of new structures. [![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## [Instant Bridging Finance](https://www.hankzarihs.com/instant-bridging-finance-willesden-project/) The project will commence from October 2018 and it will be finished in a duration of 18 months. The finished project will lay over a site area of 2300 square meters. 1 structure of 8 storeys high, with one below level storey, will be developed. It will consist of 37 one bedroom houses, 27 two bedroom houses and 17 three bedroom houses. It will also offer 24 parking spaces for the residents. Mr Alex Vine of Meadow Residential LLP will be the associated developer on this project. Stiff & Trevillion and WYG Environmental Planning Transport Limited will be the lead architecture firm and the primary planner for this project respectively. The lead landscape architecture firm will be Fabrik Limited, and the Quantity Surveyor will be Cast Consultancy. The consultant group for this project will feature Mr Gerry Taylor of Taylor Project Services as the Mechanical and Electrical engineering consultant, Bellamy Wallace Partnership as the Structural engineering consultant, WYG Environmental Planning Transport Limited as Transport consultant and Capita (Head Office) as Flood Risk Assessment consultant. The developers and investors of the Willesden Green Garage, Cricklewood Project can avail easy and hassle-free capital from [**HZA**](http://www.fxstat.com/en/user/profile/FirespinFinance-83026/blog/29856826-What-is-the-current-property-market-like-and-is-there-any-booms?) for making their infrastructure goal a huge success. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** instant bridging finance, loans for property refurbishment, residential non status bridging loan, second charge bridging finance --- ### [Richmond Hill | 86 Units | 125 Parking](https://www.hankzarihs.com/short-term-bridging-loans-richmond-hill/) **Published:** February 16, 2018 **Author:** Shiraz Khan **Content:** The site Royal Star and Garter Home, Richmond Hill, Richmond, Surrey, TW10 6RR have been chosen for a residential development project in an official application submitted by Richmond Hill Developments (Jersey) Limited. The client has been awarded the subcontract, but they are still waiting for a detailed approval. This Brownfield Site project will be a [publicly funded development](https://www.hankzarihs.com/equity-joint-ventures/). [![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## Short Term Bridging Loans 1 structure, rising 4 storeys high, will be constructed for the project, and it will be spread over a floor and site area of 16866 square meters and 7030 square meters. A total of 86 units will be developed, including 29 one bedroom houses, 24 two bedroom houses, 29 three bedroom houses and 4 four bedroom houses. 125 parking spaces will be offered to the residents. The project will also feature a new basement car parking area. PDP London and DP9 Planning Consultants will act as the lead architecture firm and the lead planner for the project. Todd Longstaffe-Gowan will join the development as the primary landscape architecture firm. Horae Lea and Aecom are the consultants for the project. Horae Lea will consult on the aspects of Mechanical and Electrical engineering and Sustainability, while Aecom will be the lead consultant for Structural and Civil engineering. London Square is the primary contractor and the project manager for the entire development. Haydon Mechanical & Electrical Limited has won 5 subcontracts for the project. These subcontracts include Fire Protection, Heating and Ventilation, Mechanical and Electrical engineering, Plumbing and Security services. The subcontracts for Interior Fitting Out, Wall Finishing and Floor Finishing have been awarded to Stone & Ceramics Limited. The subcontracts for the Doors and Windows have been won by JPJ Installations Limited. Roseville Projects Limited t/a Re-Genuk is the primary subcontractor for Painting and Decoration. Kingston Garden Services has secured the subcontracts for Plant and Landscaping. The Joinery Subcontractor is NRT Carpentry Contractors. The project’s developers and investors can easily avail capital from [Hank Zarihs Associates](https://www.hankzarihs.com/) for making their infrastructure goal success and obtaining high ROI using [development finance brokered](https://www.hankzarihs.com/development-finance/) by Hank Zarihs Associates. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** best bridging loans, Bridging Finance Rates, new build developer loans, short term bridging loans --- ### [Caledonian Road | 252 Apartments | £20M -HZ Associates](https://www.hankzarihs.com/large-bridging-loan-caledonian-rd/) **Published:** February 19, 2018 **Author:** Shiraz Khan **Content:** London Square has submitted an official application for the development of 252 flats, houses and apartments at the site Caledonian Road, Holloway, London, N7 9RE. The subcontract has been awarded to the client, but they are still waiting for a detailed approval. This a design and build contract, and it has been categorized as a Brownfield Site project. This privately funded project will begin in the second quarter of 2017. [![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## Large Bridging Loan Spread over a floor area of 8184 square meters, and a site area of 8900 square meters, this project will involve the construction of 1 structure consisting of 11 storeys above the ground level. 252 residential units will be developed, involving 50 one bedroom houses, 181 two bedroom houses, 9 three bedroom houses and 12 four bedroom houses. The parking areas will offer 522 parking spaces for the residents. Paskin Kyriakides Sands will take the position of the lead architect for the project, and the primary planner for the project will be DP9 Planning Consultants. The lead landscape architecture firm will be Cameo +Partners. Horae Lea will consult in the areas of Mechanical and Electrical engineering and Sustainability. Waterman Building Services Limited will provide their consultancy services for Structural and Civil engineering. The primary energy consultant will be Greengage. The primary contractor for the entire project in London Square. JS Wright & Company Limited has won three subcontracts for Heating & Ventilation, Mechanical engineering and Plumbing. O’Halloran & O’Brien Limited has been awarded four subcontracts involving foundations subcontract, Civils subcontract, Frame subcontract and Groundworks subcontract. The subcontracts for floor finishing and wall finishing have been awarded to Stone & Ceramic Limited. Rationel Windows (UK) Limited has won the subcontracts for Windows and Doors construction. The project’s [developers](https://www.hankzarihs.com/development-finance/) and investors can easily avail [capital from Hank Zarihs Associates](https://www.hankzarihs.com/) for making their infrastructure goal success and obtaining high ROI. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** bridging loan interest rates, commercial bridge loan, large bridging loan, short term bridging loans --- ### [Brunel St | £250M | 26 Storeys -HZ Associates](https://www.hankzarihs.com/best-bridging-loans-brunel-st/) **Published:** February 20, 2018 **Author:** Shiraz Khan **Content:** **Best Bridging Loans News:**-Galliford Try Partnerships South East has officially submitted an application for the development of residential units at the site Silvertown Way, Woolwich, London, E16 1EA. The application has received the subcontract, but it is still pending a detailed approval. This project will be mainly [**privately funded**](https://www.hankzarihs.com/equity-joint-ventures/), and it has been categorized as a Brownfield Site project. ![Building Finance](https://www.hankzarihs.com/wp-content/uploads/2018/03/3-Banner.gif "3-Banner - Bridging and Development Finance Solutions") ## [Best Bridging Loans](https://www.hankzarihs.com/best-bridging-loans-brunel-st/) From September 2017 to September 2021, the project will finish development in 48 months. 4 structures will be erected on a floor and site area of 9319 square meters and 2.48 Ha. Upon completion, the structures will be as high as 26 storeys and will consist of 975 residential flats. 276 one bedroom houses, 406 two bedroom houses, 293 three bedroom houses, and 152 hotel beds will be developed for the project. A total of 137 parking spaces will be offered to the residents. The project will also feature associated cycle paths and public areas. Thames Valley Housing Associates, Linden Homes Eastern LLP AND Fizzy Finchley Llp will be the associated developers for the project. JTP, Grid Architects Limited and Cartwright Pickard Architects have been chosen as the lead architecture firms, while Nathaniel Lichfield & Partners Limited will join them as the primary planner. Fabrik Limited and Galliford Try Partnership South East will fill the roles of lead landscape architect and Quantity Surveyor respectively. Long & Partners will offer their consultancy services for Mechanical and Electrical engineering and Sustainability. The consultancy for Structural engineering will be provided by Jenkins & Potter Head Office, while the primary transport consultant will be Ardent Consulting Engineers. The leading contractor will be Galliford Try Partnerships South East. The groundworks subcontract has been awarded to 5 Walsh & Sons Limited, while the foundation subcontract has been awarded to Keller Foundations. Wysepower Limited has won the electrical subcontract. The project’s developers and investors can easily avail capital from [**HZA**](http://www.stockhouse.com/blogs/uk-real-estate-blog/november-2018/short-guide-to-buying-property-in-the-uk) for making their infrastructure goal success and obtaining high ROI. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** best bridging loans, bridging loan companies, bridging loan interest rates, commercial bridge loan --- ### [19 Yeoman Street | 72 Units | £6M – HZA](https://www.hankzarihs.com/non-status-loans-19-yeoman-street/) **Published:** February 23, 2018 **Author:** Shiraz Khan **Content:** **Non Status Loans News:-** Fairview New Homes Limited (Head Office) has gained planning for the development of 72 residential and commercial units at the site 19 Yeoman Street, Surrey Quays, Deptford, London, SE8 5DT. While the application has received the subcontract, it is still pending a detailed approval. Since this is [**privately funded** ](https://www.hankzarihs.com/refurbishment-finance/)Brownfield Project, it will involve the demolition of the existing infrastructure on the site, before the construction of the new project. ![Building Finance](https://www.hankzarihs.com/wp-content/uploads/2018/03/3-Banner.gif "3-Banner - Bridging and Development Finance Solutions") ## [Non status Loans](https://www.hankzarihs.com/non-status-loans-19-yeoman-street/) – HZA The project will be developed over a time period of 24 months, from late November 2017 to late November 2019. The entire project will cover a floor and a site area of 371 square meters and 2700 square meters respectively. 2 structures, rising 8 storeys high, will be constructed and they will consist of 72 units. The development will also feature surface car parking and modern landscaping. Metropolis Planning & Design Llp will take the role of the lead architecture firm for the project. Exterior Architecture and Fairview New Homes Limited (Head Office) will be the primary landscape architecture firm and quantity surveyor respectively. The consultants for civil engineering and sustainability will be Aecom and Low Energy Consultancy Limited (LEC) respectively. Milestone Transport Planning will be the lead transport consultant for the project. Fairview New Homes Limited (Head Office) is the lead contractor for the project, while O’Keefe Construction Limited has been awarded the subcontracts for foundations, frame and groundworks. The primary plant subcontractor will be Garic Plant. The investors and developers of the 19 Yeoman Street project can take up HZA’s easy, quick, and hassle – free infrastructure capitals for making the project a huge success that can be cherished for years to come. [**HZA**](https://www.thehouseshop.com/property-blog/making-your-property-more-saleable-with-unique-features/18627) is always ready for serving real estate developers with the right loan featuring high returns. HZA for making their infrastructure goal success and obtaining high ROI. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** halifax bridging loan calculator, non status bridging loans uk, non status loans, non status loans uk --- ### [Westminster | 11 Storeys | 113 Units -HZA](https://www.hankzarihs.com/online-equity-fund-westminter-project/) **Published:** February 23, 2018 **Author:** Shiraz Khan **Content:** Northwood Investors International Limited has submitted an official application for the redevelopment at the site First Chicago House, 90 Long Acre, Westminster, London, WC2E 9RA. Since this a Brownfield Project, the development will begin after the demolition of the existing infrastructure. The application has been submitted to the council of Westminster, and it is still pending a detailed approval. [![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## Online Equity Fund 2 structures of 11 storeys high will be constructed for the project, and the total floor and site area covered by the structures will be 20690 square meters and 5700 square meters. 113 residential and commercial units will be developed, while a total of 55 parking spaces will be offered to the residents. The architecture group includes PLP Architecture as the lead architecture firm, Gerald Eve (Head Office) as the primary planner and Core Five LLP as the lead quantity surveyor. The lead consultant for structural engineering will be Waterman Building Services Limited. Arup Head Office will consult in the fields of mechanical & electrical engineering, civil engineering and sustainability. City Designer will join the project as CDM Coordinator. The investors and developers of this project can take up Hank Zarihs Associates’s easy, quick, and hassle – free infrastructure capitals for making the project a huge success that can be cherished for years to come. Hank Zarihs Associates is always ready for serving real estate developers with the right loan featuring high returns. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** equity fund, fast bridging loans, property development loans, Residential Development Finance --- ### [Dovers Corner | 117 Houses & 219 Apartments](https://www.hankzarihs.com/bridge-lending-dovers-corner/) **Published:** February 23, 2018 **Author:** Shiraz Khan **Content:** Persimmon Homes (Essex) Limited Charles Church has recently submitted an official application for the **development of residential units** at the site Dovers Corner Industrial Estate Inc. The Rainham Trading Estate, New Road, Rainham, Essex, RM13 8QT. [![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## Bridge Lending News The council of Havering has awarded the contract to the application, but it is still pending a detailed approval. This privately funded Brownfield Project will involve the demolition of the existing infrastructure, before the commencement of the new development.The development will be finished over a time frame of 60 months, from July 2018 to July 2023. A total of 396 units will be constructed. The project will feature 36 two bedroom houses, 112 three bedroom houses, 29 four bedroom houses and 219 flats for the residents. The entire project will be spread over a site area of 5.86 Ha. 369 parking spaces will be developed for the entire project. Persimmon Homes (Essex) Limited Charles Church will act as the primary architecture firm for the project, and they will be accompanied by Iceni Projects Limited, who will fill the role of the primary planner. Persimmon Homes (Essex) Limited Charles Church is also the lead contractor for the project. The investors and developers of this project can take up HZA’s easy, quick, and hassle – free infrastructure capitals for making the project a huge success that can be cherished for years to come. Hank Zarihs Associates is always ready for serving real estate developers with the right loan featuring high returns. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** Bridge Lending, cheap bridging loans, property bridging loan, property developer finance --- ### [Anmer Lodge | 120 units | £35M – HZ Associates](https://www.hankzarihs.com/equity-investment-anmer-lodge/) **Published:** February 26, 2018 **Author:** Shiraz Khan **Content:** An official application has been submitted by Notting Hill Housing Trust Head Office for the development of 120 flats and M&S simply food store at the site Anmer Lodge, Coverdale Close, Stanmore, Middlesex, HA7 3TU. The application has been submitted to the council of Harrow, and it is still pending a detailed approval. The entire development will be a new build. ![Building Finance](https://www.hankzarihs.com/wp-content/uploads/2018/03/3-Banner.gif "3-Banner - Bridging and Development Finance Solutions") ## Equity Investment by HZA The development will be finished in 30 months, from June 2018 to December 2020. 1 structure consisting of 120 residential units will be constructed on a floor and site area of 1393 square meters and 9500 square meters. The structure will be 5 storeys high, and 1 storey will also be below the ground level. 192 parking spaces will be provided for the residents. PCKO Architects and Nathaniel Lichfield & Partners Limited will take the responsibilities of the primary architecture firm and the primary planner for the development. The lead landscape architect and the lead quantity surveyor will be Allen Pyke Associates and Silver & Partners respectively. RSK Group Limited Land & Development Engineering Limited will be responsible for the consultancy services in the fields of civil and structural engineering. The primary sustainability consultant will be CBG Consultants Head Office. The investors and developers of the Anmer Lodge Project can take up Hank Zarihs Associates easy, quick, and hassle – free [**infrastructure capitals**](https://www.hankzarihs.com/refurbishment-finance/) for making the project a huge success that can be cherished for years to come. Hank Zarihs Associates is always ready for serving real estate developers with the right loan featuring high returns. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** Bridge Lending, Development Finance Lenders, equity investment, property development mortgage --- ### [Curzon Street | 25 Apartments | £10M – HZA](https://www.hankzarihs.com/online-construction-loans-curzon-street/) **Published:** February 26, 2018 **Author:** Shiraz Khan **Content:** **Online Construction Loans:-**56 Curzon Street, Westminster, London, W1J 8PB has been chosen as the primary site in the development application submitted by Brockton Capital LLP. The subcontract has been awarded to the application, but it is still pending a detailed approval. The existing infrastructure on the site will be demolished, before beginning the construction of this [**privately funded**](https://www.hankzarihs.com/refurbishment-finance/) Brownfield Project. [![Online Construction Loans:-](https://www.hankzarihs.com/wp-content/uploads/2018/03/Banner-V3_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## [Online Construction Loans News](https://www.hankzarihs.com/online-construction-loans-curzon-street/) From the fourth quarter of 2017 to the first quarter of 2019, the entire project will be developed in a duration of 16 months. The floor area for the project will be 762 square meters, while the site area will be 1700 square meters. 25 units will be developed inside 1 structure, towering 8 storeys high. 3 storeys will also be developed below the ground level. A total of 25 parking spaces will be provided for the entire project. PLP Architecture and GVA Worldwide Head Office will act as the lead architecture firm and the lead planner for the project. The primary landscape architecture firm will be City Designer and the quantity surveyors will be Arcadis Head Office and Cast Consultancy. The consultancy services in the areas of Mechanical and Electrical engineering and Sustainability will be provided by Hoare Lea. Aecom and Transport Planning Practice will offer their services in the fields of Structural and Civil engineering respectively. The position of the building surveyor will go to Brooke Vincent and Partners. Imtech Engineering Services London and South Limited have won mechanical subcontract, plumbing subcontract and heating and ventilation subcontract. The subcontracts for frame and groundworks has been awarded to Carey Group Plc, while John F Hunt Demolition Group has won the subcontract for demolition. The investors and developers of this project can take up HZA’s easy, quick, and hassle – free infrastructure capitals for making the project a huge success that can be cherished for years to come. [**HZA**](https://www.homesgofast.com/Home-and-Decor/uk/blog/increasing-your-property-saleability-with-design-features) is always ready for serving real estate developers with the right loan featuring high returns. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** commercial mortgage broker, Online construction loans, property developer finance, short term loans --- ### [Edmonton Green | 82 Units | 9 Storeys – HZA](https://www.hankzarihs.com/online-bridge-loan-edmonton-green/) **Published:** February 27, 2018 **Author:** Shiraz Khan **Content:** **Online Bridge Loan:-**The site North Mall, Edmonton Shopping Centre, Monmouth Road Car Park, 35-36 North Square, Lower Edmonton, London, N9 OLS has been chosen as the primary location in the official application submitted by St Modwen Developments (Edmonton) Limited. ![](https://www.hankzarihs.com/wp-content/uploads/2018/03/Banner-V3_dynamic.gif "- Bridging and Development Finance Solutions") ## [Online Bridge Loan by HZA](https://www.hankzarihs.com/online-bridge-loan-edmonton-green/) While the contract has been awarded to the client, they are still pending a detailed approval. This project will be privately funded, and it will involve the construction of new infrastructure on the land. 82 residential units will be developed in 1 structure, covering a site area of 1.7 Ha. The entire structure will be 9 storeys high. 28 one bedroom flats, 49 two bedroom flats, and 5 bedroom flats will be featured in the project. PRC Architects Limited, GL Hearn & Partners and Hyland Edgar Driver will act as the lead architecture firm, lead planner firm, and lead landscape architecture firm respectively. The primary mechanical & electrical engineering consultant and sustainability consultants are Couch Perry & Wilkes Head Office and AES Southern Limited respectively. St Modwen Developments (Edmonton) Limited is the primary contractor for the development of this project. The investors and developers of this project can take up HZA’s easy, quick, and hassle – free infrastructure capitals for making the project a huge success that can be cherished for years to come. [**HZA**](https://www.europeanproperty.com/news/5-super-home-improvements-to-build-remodel-value-into-your-property-for-2019/) is always ready for serving real estate developers with the right [**development loans**](https://www.hankzarihs.com/development-finance/) featuring high returns. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** Fast Commercial Bridging Loans, online bridge loan, property bridging loan, short term bridging loans --- ### [Godstone Road | 118 Units | £16.7M](https://www.hankzarihs.com/short-term-loans-godstone-project/) **Published:** February 27, 2018 **Author:** Shiraz Khan **Content:** Aequitas Estates (Maidstone) Limited has officially submitted an application for the [development](https://www.hankzarihs.com/development-finance/) of 118 flats at the site Godstone Road, Whyteleafe, Croydon, Surrey, CR3 0EG. The tender has been awarded to the application, but it is still pending a detailed approval. [![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## Short Term Loans This is a privately funded design & build the project, which will involve the construction of a 3-storey health care and 118 residential apartments. 4 structures, consisting of 118 residential units and rising as high as 4 storeys, will be developed for the entire project. 46 one bedroom and 72 two bedroom apartments will be constructed during the development. The lead architect for the project will be Mountford Pigott Partnership, and the primary landscape architecture firm will be Bradley Murphy Design Limited. JSA Consulting Engineers will provide their consultancy services in the field of civil engineering. Vinci Construction, Quinn (London) Limited Head Office, and Buxton Building Contractors Limited were among the top bidders for this project. The investors and developers of the Godstone Road Project can easily take up the fast and credible infrastructure capitals offered by [Hank Zarihs Associates](https://www.hankzarihs.com/). We always strives to offer its clients necessary financial support for the success of their real estate construction plans. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** Bridging Finance, bridging finance loans london, Fast Commercial Bridging Loans, short term loans --- ### [Green Man Lane Estate | 136 Units -HZA](https://www.hankzarihs.com/bridge-loan-green-man-lane/) **Published:** February 28, 2018 **Author:** Shiraz Khan **Content:** **Bridge Loan News:-**London Borough of Ealing Council has submitted an official application for the development of phase 3 for Green Man Lane Estate on the site Ealing Area Office, Green Man Lane, West Ealing, London, W13 0SN. The [**privately funded**](https://www.hankzarihs.com/equity-joint-ventures/) project has received the tender, but it is still pending a detailed approval. [![Building Finance](https://www.hankzarihs.com/wp-content/uploads/2018/03/3-Banner.gif "3-Banner - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## [Bridge Loan – HZ Associates](https://www.hankzarihs.com/bridge-loan-green-man-lane/) This project has been categorized as a Brownfield Site project.The entire development will be finished in 24 months; from March 2018 to March 2020. 136 residential units will be constructed for this project, and they will rise as high as 8 storeys. 55 one bedroom houses, 62 two bedroom houses, and 19 three bedroom houses will be featured in this project. This project will also involve associated landscaping and surface car parking.The primary architects are Conran & Partners and Gibberd, while the primary planner firm is JLL. Ridge and Partners LLP is the primary consultant in the fields of structural engineering and civil engineering. John Rowan & Partners Head Office is among the management group and will be acting as Employers Agent. The investors and developers of this project can easily take up the fast and credible infrastructure capitals offered by HZA. [**HZA** ](http://www.talkmarkets.com/member/james-helliwell/blog/guide-to-the-bridging-loan-market-and-how-to-apply-for-bridging-loans?post=198774)always strives to offer its clients necessary financial support for the success of their real estate construction plans. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** bridge loan, Bridging Finance, Fast Commercial Bridging Loans, short term loans --- ### [Nine Elms | 332 Residential Units – HZA](https://www.hankzarihs.com/best-bridging-finance-nine-elms/) **Published:** February 28, 2018 **Author:** Shiraz Khan **Content:** **Best Bridging Finance News:-** An official application for the development of 4 structures, at the site 10 Pascal Street, South Lambeth, London, SW8 4SH, has been submitted by the client Transport for London. [![](https://www.hankzarihs.com/wp-content/uploads/2018/03/Banner-V3_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## [Best Bridging Finance](https://www.hankzarihs.com/best-bridging-finance-nine-elms) This project will feature a new development of the infrastructure on a previously empty land.The client is still waiting for a detailed approval. The project will begin development in the third quarter of 2019. It will feature the development of 4 structures, consisting of 332 residential units. The structures will rise as high as 20 storeys. General offices, retail units, leisure units and public spaces will also be a part of the development. The lead architecture firm will be Nicholas Grimshaw & Partners Limited (Head Office), while the primary planner will be Quod Planning Limited. John McAslan & Partners and Turner & Townsend will act as the primary landscape architecture firm and the primary quantity surveyor respectively. Mott MacDonald will provide consultancy services for sustainability. The project manager for the development of this entire project is Aspire Group. The investors and developers of the Nine Elms Project can easily take up the fast and credible infrastructure capitals offered by HZA. **[HZA](https://moneyhighstreet.com/risk-losing-your-property-deposit/)** always strives to offer its clients necessary [**financial support**](https://www.hankzarihs.com/contact-us/) for the success of their real estate construction plans. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** best bridging finance, Development and Refurbishment Finance, Refurbishment Finance Funding Loans, UK Residential Development Finance --- ### [Victoria RD | £18.1M | 24 Storeys -HZA](https://www.hankzarihs.com/development-finance-loan-victoria-rd/) **Published:** February 28, 2018 **Author:** Shiraz Khan **Content:** **Development Finance Loan News:-** An official application has been submitted to the council of Ealing for the [**development finance**](https://www.hankzarihs.com/development-finance/) of residential units for students by Downing Developments Limited. The site chose for the project is Holbrook House, Victoria Road, Acton, London, W3 6UN. The project has been categorized as Brownfield Project, and it will be funded privately. The subcontract has been awarded to the application, but it is still pending a detailed approval. [![4 Banner](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner.gif "4-Banner - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## [Development Finance Loan](https://www.hankzarihs.com/development-finance-loan-victoria-rd) The entire development will be finished in a time period of 24 months; from August 2017 to August 2019. 1 structure, rising as high as 24 storeys, will be developed for the project, and it will consist of 424 residential spaces for the students. The floor and the site are for the construction will be 12457 square meters and 1100 square meters respectively. The development will also include social rooms, storage offices, retail units, general parking areas and rooftop garden terrace. The position of the lead architecture firm for the project will be filled by Simpson Haugh & Partners, and the primary planner for the development will be Rolfe Judd Group Practice. Landscape Projects and Downing Developments Limited will act as the primary landscape architecture firm and quantity surveyor. The consultancy services for mechanical & electrical engineering and sustainability will be provided by Hoare Lea, while Walsh Group and RPS CgMs will offer their consultancy services in the areas of structural engineering and transport respectively. Downing Developments Limited will be the project manager and the primary contractor for the development of this project. MPB Structures Limited has been awarded the subcontracts for foundations, frame and groundworks. The subcontracts for fire protection, heating & ventilation, mechanical & electrical engineering, plumbing, and security have been won by HE Simm & Son Limited. **HZA** always strives to offer its clients necessary financial support for the success of their real estate construction plans. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** Development Finance loan, equity joint venture financing, funding property development Finance, Refurbishment Finance Funding Loans --- ### [Mint ST | 14 Storeys | 359 Units -Hank Zarihs Associates](https://www.hankzarihs.com/development-finance-loan-mint/) **Published:** March 1, 2018 **Author:** Shiraz Khan **Content:** **Development Finance Loan News**:- RMS (England) Limited has submitted an official application for the development of Phase 2A at the site Royal Mint Street & Chamber Street, Poplar, London, E1 8BL. The entire project will be constructed from scratch, and it will be a [**privately funded development**](https://www.hankzarihs.com/development-finance/). The subcontract has been awarded to the application, while it is still pending a detailed approval. ![](https://www.hankzarihs.com/wp-content/uploads/2018/03/Banner-V3_dynamic.gif "- Bridging and Development Finance Solutions") ## [**Development Finance Loan**](https://www.hankzarihs.com/development-finance-loan-mint/) The time period for the development of this project is 32 months; from August 2017 to April 2020. 3 structures consisting of 359 individual residential units, and rising as high as 14 storeys, will be constructed for this project. The site area covered by the structures will be 1.1 Ha. 179 one bedroom houses, 123 two bedroom houses, 48 three bedroom houses, and 9 four bedroom houses will be developed during the construction of the project, and a total of 24 parking spaces will be offered to the residents. The project will also feature commercial and retail space with associated passenger lifts access. While RMS (England) Limited is the primary client for the project, the associated developers include Network Rail Infrastructure Limited and IJM Land. Farrells Head Office has been chosen as the lead architecture firm for the development, and they will be joined by Rolfe Judd Group Practice, which will act as the primary planner firm for the project. Fabrik Limited and Navigation Estates will be the lead landscape architecture firm and the lead quantity surveyor respectively. AKT 2 will provide their consultancy services for mechanical and electrical engineering. The project manager for the development is Capita Group Head Office. The primary contractor for the project is Midgard Limited, while JRL Environmental Limited has won the civils subcontract, foundations subcontract, frame subcontract, groundworks subcontract and landscaping subcontract. Ark Mechanical & Electrical Services has been awarded the subcontract for mechanical and electrical engineering. [**HZA**](https://www.europeanproperty.com/news/5-super-home-improvements-to-build-remodel-value-into-your-property-for-2019/) always strives to offer its clients necessary financial support for the success of their real estate construction plans. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** Development and Refurbishment Finance, Development Finance loan, Refurbishment Finance Funding Loans, UK Residential Development Finance --- ### [How To Arrange A Commercial Property Loan -HZA](https://www.hankzarihs.com/commercial-property-loan/) **Published:** March 1, 2018 **Author:** Shiraz Khan **Content:** Hank Zarihs is a trusted, experienced and reliable debt advisory, who are dedicated in providing the best services to their clients. The commercial property loan offered by Hank Zarihs covers all the basic business needs of clients, and our lending has no upper limit. We act as the trusted finance partners for small and large businesses, and we ensure that our clients receive a premium quality service when it comes to their financial needs. ### **[![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/)** ### **Why Should You Choose Us?** Our expert advisers believe in carefully assessing and evaluating the nature of the business and the clients’ requirements before moving forward with the procedure. After a brief preliminary analysis, our experts are skilled at offering unparalleled financial solutions, which will seamlessly answer all your business questions and needs. Our experts live by the united business motto, which is to provide their clients with the best possible commercial property loan solutions. We assist the clients at every step of the way, from the initial application to the final deliverance of the loan. ### **What Makes Us the Best?** Modern era world offers the clients with unlimited options and organizations for securing loans. In order to stand out among the rest of the competitors, an organization has to offer unmatched services to their clients. The experts at [**Hank Zarihs** **Associates**](http://www.hankzarihs.com) have years of incomparable and diverse experience, comprehensive knowledge of the market and an access to a wealth of banking connections. The commercial property loan provided by Hank Zarihs ensure that all the financial needs of the business are met, and the client doesn’t have to worry about the financial aspects. ### **Premium Quality Professionalism** We believe in offering the premium quality services and solutions to our clients, and we believe in prioritizing their needs before ours. The level of professionalism, the quality of solutions and services, and the efficiency in work shown by our experts is appreciated by all our clients, and this is the reason we have managed to create a huge and a successful list of loyal clientele. Our business and loan solutions are business-oriented and our experts ensure a fast delivery of the loan. The commercial property loan offered by our organization enables the business owners to transform their ideas and vision into success. ### **The Perks of Our [Commercial Property Loan](https://www.hankzarihs.com/commercial-property-loan/)** - Our banking contacts include those investors and lenders, who aren’t otherwise available to the rest of the market. We offer the best, the fastest and the most efficient financial loans to our clients. - The wide spectrum of our lenders and financial partners allows our clients to enjoy and benefit from a broader market of commercial property loans. - We offer the most favorable financing rates to our clients. - LTVs offered by us can easily accommodate the clients with high loan demands. - We do not enforce any upper limit on the loan. Our goal is to see all our clients prosper. - The loan and the financing solutions provided by us are proficient in manner, and slick in execution. - Our advisers are not only equipped with the best and extensive industry knowledge, but they are skilled at making rapid decisions and providing the most innovative loan solutions to our ### **Contact Us Today – 0203 89 4403** No matter what your business demands are, [**Hank Zarihs**](https://www.finance-monthly.com/2018/11/development-finance-is-the-biggest-hitch-for-building-boom/) will always be there to assist and guide you through the process, and will provide you with the best commercial property loan. Contact us today. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Blog, Finance News, Planning News **Tags:** Commercial property loan, Commercial Refurbishment Loans, Development and Refurbishment Finance, funding property development Finance --- ### [South Grove | 518 Units | £65M -HZA](https://www.hankzarihs.com/london-bridging-loan-south-grove/) **Published:** March 1, 2018 **Author:** Shiraz Khan **Content:** **[London Bridging Loan](https://www.hankzarihs.com/london/):-** Quadrant Construction Services has submitted an official application for the development of 518 mixed units at the site 68-75 Brunner Road and Alpha Business Centre, 60 South Grove, Walthamstow, London, E17 7NX. The entire project has been labelled as a Brownfield Site project, and it will be a [**privately funded development**](https://www.hankzarihs.com/refurbishment-finance/). The subcontract has been awarded to the application, while it is still pending a detailed approval. [![](https://www.hankzarihs.com/wp-content/uploads/2018/03/Banner-V3_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## London Bridging Loan The time period for the development of this project is 48 months; from the late quarter of 2017 to the late quarter of 2021. 1 structure consisting of 518 individual residential units, and rising as high as 16 storeys, will be constructed for this project. The site area covered by the structures will be 1.58 Ha. 190 one bedroom houses, 297 two bedroom houses, and 31 three bedroom houses will be developed during the construction of the project, and a total of 268 parking spaces will be offered to the residents. The project will also feature commercial and retail space with associated passenger lifts access. While RMS (England) Limited is the primary client for the project, the associated developer will be Hadley Property Group Limited. Pollard Thomas & Edwards Architects has been chosen as the lead architecture firm for the development, and they will be joined by Savills Plc, which will act as the primary planner firm for the project. Outer Space will be the lead landscape architecture firm. Environmental Services Design will provide their consultancy services for mechanical and electrical engineering and sustainability, while Robert Bird Group will lead the consultancy services for structural engineering, and civil engineering. The primary transport consultant will be Robert West Consulting Limited. The project manager for the development is TPS Project Management. The primary contractor for the project is Quadrant Construction Services, while the primary foundations subcontractor and frame subcontractor will be Van Elle Limited and Tamdown Group respectively. HZA always strives to offer its clients necessary financial support for the success of their real estate construction plans. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** Development and Refurbishment Finance, funding property development Finance, Refurbishment Finance Funding Loans, UK Residential Development Finance --- ### [Hertsmere House | 67 Storey | £800M](https://www.hankzarihs.com/commercial-refurbishment-loans-hertsmere/) **Published:** March 1, 2018 **Author:** Shiraz Khan **Content:** **Commercial Refurbishment Loans News**:-Greenland Group has submitted an official application for the development of a 67-storey building at the site Hertsmere House, 2 Hertsmere Road, West India Quay, Poplar, London, E14 4AL. The entire project has been labelled as a Brownfield Site project, and it will be a [**privately funded**](https://www.hankzarihs.com/commercial-finance/) development. The subcontract has been awarded to the application, while it is still pending a detailed approval. [![](https://www.hankzarihs.com/wp-content/uploads/2018/03/Banner-V3_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## [Commercial Refurbishment Loans](https://www.hankzarihs.com/commercial-refurbishment-loans-hertsmere/) The time period for the development of this project is 36 months; from January, 201 to January 2021. 1 structure consisting of 861 individual residential units, and rising as high as 67 storeys, will be constructed for this project. 2 storeys will also be developed below the ground level. The site area and the floor area covered by the structures will be 5300 square meters and 971 square meters. 480 one bedroom houses, 340 two bedroom houses, and 41 three bedroom houses will be developed during the construction of the project, and a total of 9 parking spaces will be offered to the residents. The project will also feature commercial and retail space with decorative landscaping. Greenland Group is the primary client for the project. HOK International Limited (Head Office) has been chosen as the lead architecture firm for the development, and they will be joined by Bilnger GVA and Savills Plc, which will act as the primary planner firms for the project. Gillespies LLP will be the lead landscape architecture firm, while Gleeds UK Head Office will act as the lead quantity surveyor. The primary interior design firm for the entire development will be Argent Design Limited. WSP Parsons Brinckerhoff (Head Office) will provide their consultancy services for mechanical and electrical engineering, while Robert Bird Group will lead the consultancy services for structural engineering, and civil engineering. The project managers for the development is AECOM and Gleeds UK Head Office. The subcontract for demolition has been awarded to Cantillon, while Bachy Soletanche Limited has won the subcontracts for foundations and groundworks. The primary external walls subcontractor will be Permasteelisa (UK) Limited. [**HZA**](https://www.europeanproperty.com/news/5-super-home-improvements-to-build-remodel-value-into-your-property-for-2019/) always strives to offer its clients necessary financial support for the success of their real estate construction plans. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** bridging finance loans in london, Commercial Refurbishment Loans, Development and Refurbishment Finance, Refurbishment Finance Funding Loans --- ### [Taberner House & Queens Gardens | 514 Residential Units](https://www.hankzarihs.com/short-term-loans-taberner-house/) **Published:** March 2, 2018 **Author:** Shiraz Khan **Content:** An official application has been submitted to the council of Croydon for the [development of residential units](https://www.hankzarihs.com/development-finance/) for by Bridges Ventures LLP. The site chose for the project is Taberner House & Queens Gardens, Park Lane, Croydon, Surrey, CR9 3JS. The project has been categorized as Brownfield Project, and it will be a mixed funded project. The subcontract has been awarded to the application, but it is still pending a detailed approval. [![commercial bridging loans](https://www.hankzarihs.com/wp-content/uploads/2018/03/imgpsh_fullsize-300x68.png "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## **Short Term Loans** The entire development will be finished in a time period of 36 months; from April 2018 to April 2021. 5 structures, rising as high as 32 storeys, will be developed for the project, and they will consist of 514 residential units for the residents. The floor and the site are for the construction will be 1159 square meters and 1.28Ha respectively. 208 one bedroom houses, 233 two bedroom houses, and 73 three bedroom houses will be developed for the structures. The development will also include general parking areas and associated landscaping. The position of the lead architecture firms for the project will be filled by Allford Hall Monaghan Morris and Darling Associates, while the primary planner for the development will be GL Hearn & Partners and Gerald Eve (Head Office). Gillespies Head Office, Grant Associates, and DSA Engineering will act as the primary landscape architecture firms and the primary quantity surveyor will be Faithful+Gould Limited Head Office. The consultancy services for mechanical & electrical engineering, structural engineering, and civil engineering will be provided by Aecom Head Office. WSP Parsons Brinckerhoff (Head Office) and WME Consultants will also join them for the consultancy services in the fields of structural engineering, civil engineering and sustainability. Hub Residential will be the project manager, and the primary demolition subcontractor will be Erith Group. [Hank Zarihs Associates](https://www.hankzarihs.com/) always strives to offer its clients necessary financial support for the success of their real estate construction plans. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** equity financing, Fast Commercial Bridging Loans, london bridging finance loan, short term loans --- ### [Broadway | Westminster | 246 Units – HZ Associates](https://www.hankzarihs.com/cheap-bridging-loans-broadway-project/) **Published:** March 2, 2018 **Author:** Shiraz Khan **Content:** BL Development limited has submitted an official application for the development of residential and commercial property at the site New Scotland Yard, 8-10 Broadway, Westminster, London, SW1H 0BG. The council of Westminster has awarded the subcontract to the application, but a detailed approval is still pending. This is a **privately funded** Brownfield Site project, and it will begin after the demolition of the existing infrastructure on the land. ![](https://www.hankzarihs.com/wp-content/uploads/2018/03/Banner-V3_dynamic.gif "- Bridging and Development Finance Solutions") ## Cheap Bridging Loans -HZA The project will begin in the second quarter of 2018, and it will finish development in 48 months in the second quarter of 2022. 5 structures, rising as high as 20 storeys, will be erected during the development of this project, and the floor and the site area covered by the project will be 41489 square meters and 7200 square meters respectively. 246 units will be developed during the construction, including 70 one bed houses, 107 two bed houses, 55 three bed houses, and 14 four bed houses. The development will also feature commercial, retail and office space. The primary client is BL Development Limited, and the associated developer will be Northacre Plc. The lead architecture firm for the project will be Squire and Partners, and the primary planner firm will be GVA Worldwide Head Office. Gross Max and Core Five LLP will act as the primary landscape architecture firm, and the primary quantity surveyor respectively. The consultancy services for the areas of mechanical & electrical engineering, sustainability and energy will be provided by AECOM. Robert Bird Group will offer their consultancy for structural engineering, while the primary transport consultant will be Transport Planning Practice. Tower Eight will be the project manager for the development of this project. Keltbray Limited Head Office has won the subcontracts for demolition and groundworks. The project’s developers and investors can easily gain access to capital from HZA for making this big infrastructure aim a huge success. Moreover, with funding from Hank Zarihs Associates, they can get a high return on investment. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** bridging finance broker, bridging loan for property development, cheap bridging loans, property bridging loan --- ### [Leonards Court | 71 Resi Units | £15.6M – HZA](https://www.hankzarihs.com/commercial-bridge-loan-leonards-court/) **Published:** March 5, 2018 **Author:** Shiraz Khan **Content:** London Borough of Hackney has officially submitted an application for the development of residential units at the site 1- 64 St Leonard’s Court, New North Road, Hackney, London, N1 6JA*.* The council of Hackney has awarded the contract to the application and has detail approval planning approved. The entire development has been categorized as a Brownfield Site project. ![](https://www.hankzarihs.com/wp-content/uploads/2018/03/Banner-V3_dynamic.gif "- Bridging and Development Finance Solutions") ## Commercial Bridge Loan – HZ Associates The project will begin construction from January, 2017 and finish development in July, 2019.The entire floor and site area covered by the project will be 7008 square meters and 2500 square meters. 1 structure, rising as high as 8 storeys, will be constructed for the development. It will consist of 71 residential units. 24 one bedroom houses, 21 two bedroom houses, and 26 three bedroom houses will be developed for the project. Child Graddon Lewis and Frost Associates will join this project as the primary architecture firms, while London Borough of Hackney will act as the primary planner for the entire development. Child Graddon Lewis has been chosen as the lead landscape architecture firm. The consultancy services for the areas of mechanical and electrical engineering, structural engineering, and sustainability will be offered by Ramboll UK Limited Head Office. London Borough of Hackney will act as the project manager for the group. While the primary contractor for the project will be Countryside Properties, the subcontracts for civils, floor, foundations, frame, groundworks, and landscaping have been awarded to Knight Group Limited. The project’s developers and investors can easily gain access to capital from [Hank Zarihs Associates](https://www.hankzarihs.com/) for making this big infrastructure aim a huge success. Hank Zarihs Associates always strives to offer its clients necessary [financial support](https://www.hankzarihs.com/refurbishment-finance/) for the success of their real estate construction plans. Moreover, with funding from Hank Zarihs Associates, they can get a high return on investment. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** bridging loan for property development, bridging loans for house purchase, commercial bridge loan, short term bridging loans --- ### [Wood Dene | Peckham | £40M | detailed planning granted](https://www.hankzarihs.com/online-equity-financing-wood-dene/) **Published:** April 4, 2018 **Author:** Shiraz Khan **Content:** **Online Equity Financing News:**– Notting Hill Housing Trust has submitted an official application for the development of the site Wood Dene, Queens Road Meeting House Lane, Carlton Grove, Peckham, London, SE15 2AL. Since the current site is empty land this will cost less than the demolition of a building. The application has been submitted to the council of Southwark, and has gained detailed planning grained. [![development finance loans](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-300x68.jpg "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## [**Online Equity Financing**](https://www.hankzarihs.com/online-equity-financing-wood-dene/) 3 structures, rising as high as 9 storeys, will be constructed for the project, and the total site area covered by the structures will be 1.91 Ha. The entire floor area covered by the development will be 450 square meters. 333 residential units will be developed. A total of 116 parking spaces will be offered to the residents. 113 one bedroom houses, 152 two bedroom houses, 65 three bedroom houses, and 3 four bedroom houses will be featured in this project. The architecture group includes Jestico Whiles & Associate as the lead architecture firm. GVA Worldwide Head Office will act as the primary planner. The landscape architecture firm for the project is Allen Pyke Associates. AECOM will join the development as the primary quantity surveyor. The consultancy services for mechanical & electrical engineering and structural engineering will be offered by NIFES Consulting Group and RSK Group Limited Land & Development Engineering Limited respectively. The primary project manager for the entire development is Notting Hill Housing Trust (Head Office). Higgins Construction Plc Head Office is the primary contractor for the entire development and also the lead groundworks subcontractor. Modebest Builder has been awarded the subcontracts for foundations and groundworks. Ground Construction Limited will be responsible for the subcontracts for floors, civils, foundations, groundworks, frames, and stairs. The lead floor finishing subcontractor and wall finishing subcontractor are Stortford Tiling & Marble Limited. **[HZA](https://realtytimes.com/agentnews/advicefromagents/item/1015927-building-a-luxury-home-4-essential-tips-every-buyer-needs-to-know?)** is always ready for serving real estate developers with the right [**financing loans**](https://www.hankzarihs.com/development-finance/) featuring high returns. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** Bridging Finance, bridging finance loans london, Fast Commercial Bridging Loans, Online equity financing --- ### [West End Gate | Edgware Road | 652 Homes -HZA](https://www.hankzarihs.com/online-bridging-finance-edgware/) **Published:** April 23, 2018 **Author:** Shiraz Khan **Content:** **Online Bridging Finance News:** Berkeley Homes (Urban Renaissance) has submitted a development application for the development of 652 flats and retail offices at the site 285-329 Edgware Road, Paddington, London, W2 1DH. The application has been awarded a subcontract, but it is still pending a detailed approval. The is a privately funded mixed development project. Once completed, the floor area for this project will cover 20545 square meters, while the entire site area will cover 1.065 Ha. [![development finance loans](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-300x68.jpg "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## [**Online Bridging Finance**](https://www.hankzarihs.com/online-bridging-finance-edgware/) This new build project will involve the construction of two structures, with 30 storeys above the ground level. Upon finishing, the structure will include 652 residential housing units and 170 parking spaces. This project will begin in December 2017 and finish development in December 2020. The project will also feature associated landscaping, surface car parking, and communal gardens. Squire and Partners and Renzo Piano Building Workshop will be the lead architect firms, while Turley Associates will act as the primary planner for this project. Berkeley Homes (Urban Renaissance) will act as the lead quantity surveyor. Mechanical & electrical engineering consultancy and sustainability consultancy for the project will be provided by Buro Happold. Berkeley Homes (Urban Renaissance) has been chosen as the primary contractor for the entire development. The lead foundations and groundworks subcontractor will be Foundation Developments Limited. Haydon Mechanical & Electrical Limited will be responsible for the subcontracts of fire protection, heating & ventilation, mechanical & electrical engineering, plumbing, and security. The investors and developers of the West End Gate Project can easily take up the fast and credible infrastructure capitals offered by [**HZ Associates**](https://www.hankzarihs.com/refurbishment-finance/). Easy, quick, and hassle – free infrastructure capitals for making the project a huge success that can be cherished for years to come. [**HZA**](https://www.finance-monthly.com/2018/11/development-finance-is-the-biggest-hitch-for-building-boom/) always strives to offer its clients necessary financial support for the success of their real estate construction plans. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** bridging finance loans london, bridging loans southampton, Fast Commercial Bridging Loans, Online Bridging Finance --- ### [Thrayle House | Benedict Road | 177 Homes -HZA](https://www.hankzarihs.com/online-property-market-thrayle-house/) **Published:** April 26, 2018 **Author:** Shiraz Khan **Content:** **Online Property Market**:-Network Homes has submitted a development application for the development of 177 flats and retail offices at the site Thrayle House, Benedict Road, Stockwell, London, SW9 0UN. The application has been awarded a subcontract, but it is still pending a detailed approval. The is a [**privately funded**](https://www.hankzarihs.com/development-finance/) mixed development project. Once completed, the floor area for this project will cover 1358 square meters. [![development finance loans](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-300x68.jpg "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## [Online Property Market](https://www.hankzarihs.com/online-property-market-thrayle-house/) This new build project will involve the construction of two main structures, with 20 storeys above the ground level. Upon finishing, the structure will include 177 residential housing units and 65 parking spaces. This project will begin in November 2017 and finish development in November 2019. The project will also feature retail and commercial space, associated landscaping and surface car parking. PRP Architects will be the lead architect, while JLL will act as the primary planner for this project. PRP Landscape will join the development as the primary landscape architecture firms. Mace Limited Head Office will act as the lead quantity surveyor. CBG Consultants Limited will be the lead mechanical & electrical engineering consultant. Tully De’Ath Consultants Head Office will offer their consultancy services for the fields of structural and civil engineering. PRP Architects is the primary sustainability consultant. The project manager for this operation is Mace Limited Head Office. Henry Construction Projects Limited is the primary contractor for the project, and they have also been awarded the subcontracts for foundations and groundworks. The primary external walls subcontractor and demolition subcontractor will be Stanta Limited and Prodem Limited respectively. The investors and developers of this Thrayle House project can easily take up the fast and credible infrastructure capitals offered by HZ Associates. [**HZ Associates**](http://www.stockhouse.com/blogs/uk-real-estate-blog/november-2018/short-guide-to-buying-property-in-the-uk) always strives to offer its clients necessary financial support for the success of their real estate construction plans. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** commercial bridgning loan UK, Online property market, property development finance News, second charge bridging loans --- ### [North West lands | Wembley | 361 homes](https://www.hankzarihs.com/second-charge-loans-north-wembley/) **Published:** April 30, 2018 **Author:** Shiraz Khan **Content:** Quercus Healthcare Property Partnership (Quintain Estates) has submitted a [development](https://www.hankzarihs.com/development-finance/) application for the redevelopment of 2 building at the site Yellow Car Park, Fulton Road, Wembley, Middlesex, HA9 0NU. The application has been awarded a subcontract, but it is still pending a detailed planning. This Brownfield site project will involve demolition of existing structure, in order to construct new structures. Once completed, the gross retail floor space will cover 3578 square meters. [![development finance loans](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-300x68.jpg "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## Second Charge Loans This Brownfield site project will involve the construction of two main structures, with 17 storeys above ground. Upon finishing, the structure will include 361 residential housing units and 59 parking spaces. This project will begin in November 2016 and finish development in December 2018. Associated landscaping and surface car parking will also be featured in the development. Flanagan Lawrence will be the lead architect, while WYG will act as the primary planner for this project. Randle Siddeley Associates and MacFarlane and Associates will join the development as the primary landscape architecture firms. Tower Eight will act as the lead quantity surveyor. Mechanical and Electrical engineering consultancy for the project will be provided by Desco (Design & Consultancy) Limited. Buro Happold will join the development as the primary civil consultants. The project manager for this operation is Stace LLP. The primary contractor for the development is Wates Construction Limited Head Office. JRL Environmental Limited has been awarded the subcontracts for foundations, groundworks, floors and frame. CD Engineering has won the subcontracts for security, fire protection and electrical engineering. Commodore Kitchens Limited and JA Stott Carpentry Limited have been awarded the subcontracts for interior fitting out and joinery. The subcontracts for plumbing, heating & ventilation and mechanical engineering have been awarded to Fascel Group. The leading doors and windows subcontractor for the project is OCL Facades Limited. [Hank Zarihs Associates](https://www.hankzarihs.com/) always strives to offer its clients necessary financial support for the success of their real estate construction plans. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** Joint ventures and business partnerships, london property market, second charge bridging loans, Second Charge Loans --- ### [Capital House | Southwark | 119 New Homes -HZA](https://www.hankzarihs.com/property-loans-uk-capital-house/) **Published:** May 1, 2018 **Author:** Shiraz Khan **Content:** **Property Loans UK**: Bilford Limited has submitted a development application for the development of 119 flats and retail units at the site 40-46 Weston Street, Southwark, London, SE1 3QD. The application is still pending a detailed approval. This privately funded Brownfield site project will involve demolition of existing structure, in order to construct new structures. A project of this size will normally use **[bridging finance](https://www.hankzarihs.com/fast-bridging-finance/)** until the planning has come through, once they have gained planning **[development finance](https://www.hankzarihs.com/residential-development-finance-from-the-experts-at-hank-zarihs/)** will be used. [![development finance loans](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-300x68.jpg "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## **Property Loans UK** Once completed, the floor area for this project will cover 222 square meters, while the entire site area will cover 912 square meters. This Brownfield site project will involve the construction of 1 main structure, with 31 storeys above ground, and one storey below the ground level. Upon finishing, the structure will include 119 residential housing units and 2 parking spaces. Retail cafes, units, associated landscaping and surface car parking will also be featured in this development. Spparc Architecture will be the lead architect, while Deloitte Real Estate will act as the primary planner for this project. Spparc Architecture will also join the development as the primary landscape architecture firm. Gleeds UK Head Office. Mechanical and Electrical engineering consultancy and sustainability consultancy for the project will be provided by WSP Parsons Brinckerhoff (Head Office). Robert Bird Group will offer their services of structural engineering consultancy. The project manager for the entire development will be Gleeds UK Head Office. **[HZA](http://www.talkmarkets.com/member/james-helliwell/blog/guide-to-the-bridging-loan-market-and-how-to-apply-for-bridging-loans?post=198774)** always strives to offer its clients necessary financial support for the success of their real estate construction plans. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** auction finance uk, Development Finance Bank, equity financing, property loans uk --- ### [Greenford Green | 1965 New Homes | 837 Parking Spaces](https://www.hankzarihs.com/commercial-loan-providers-greenford/) **Published:** May 3, 2018 **Author:** Shiraz Khan **Content:** **Commercial Loan Providers:** Greystar Europe Holdings Limited submitted an application for the construction for residential use development on 9th September 2016. This Brownfield Site project is set to be constructed on the site Former GlaxoSmithKline site and Former Sunblest Bakery Site, Greenford Road, Greenford, Middlesex, UB6 0HE. The subcontract has been awarded for the application, while a detailed approval is still pending for this privately funded project. This project is the creation of new infrastructure on the land. This large scheme will be funded by **[development finance](https://www.hankzarihs.com/residential-development-finance-from-the-experts-at-hank-zarihs/)**, this is due to the competitive rates on a project of this size. [![development finance loans](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-300x68.jpg "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## [Commercial Loan Providers](https://www.hankzarihs.com/commercial-loan-providers-greenford/) This project will begin in 2018. Once completed, the project will feature 9 structures with 1965 housing units for residential purposes, covering a floor area of 21443 square meters and a site area of 10.6 Ha. These structures will rise as high as 19 storeys. This development will involve surface car parking, shops, access and landscaping, and restaurants. A total of 837 parking spaces will be offered to the residents. The development will also feature a new Health Centre, a primary school, and contemporary new retail offices. Mae LLP Architects, HTA Design LLP, Iceni Projects Limited and Hawkins Brown Architects have been chosen as the lead architects for this project, and they will be accompanied by Tower Eight, who will act as the primary quantity surveyor. Meinhardt will provide its services in Mechanical and Electrical engineering consultancy, while they will also assist with the consultation of structural and civil engineering. The project manager for the group is Iceni Projects Limited. The investors and developers of this project can easily take up the fast and credible infrastructure capitals offered by HZA. [**HZA**](https://axcessnews.com/world/breaking-world/london-property-an-economy-guide-for-investors-looking-into-2019_7739/) always strives to offer its clients necessary financial support for the success of their real estate construction plans. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** auction finance uk, commercial loan providers, Development Finance Bank --- ### [Linton Fuels | Wandsworth | 109 New Homes](https://www.hankzarihs.com/london-property-market-linton/) **Published:** May 17, 2018 **Author:** Shiraz Khan **Content:** **London Property Market News**:Taylor Wimpey (South West Thames) has submitted a development application for the development of 109 flats and retail offices at the site Linton Fuels, Osiers Road, Wandsworth, [London](https://www.hankzarihs.com/london/), SW18 1NR. The application has been awarded a subcontract, but it is still pending a detailed approval. The is a privately funded mixed development project. Once completed, the floor area for this project will cover 925.7 square meters, while the entire site area will cover 3700 square meters. Taylor Wimpey will use [**development finance loans**](https://www.hankzarihs.com/development-finance/) on a development of this size. [![development finance loans](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-300x68.jpg "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## [**London Property Market**](https://www.hankzarihs.com/london-property-market-linton/) This new build project will involve the construction of one main structure, with 14 storeys above the ground level. Upon finishing, the structure will include 109 residential housing units and 20 parking spaces. This project will begin in the fourth quarter of 2018 and finish development in the second quarter of 2020. 22 one bed houses, 77 two bed houses, and 10 three bed houses will be featured in this project. RG & P Limited will be the lead architect, while Montagu Evans LLP will act as the primary planner for this project. Exterior Architecture will join the development as the primary landscape architecture firms. Taylor Wimpey (South West Thames) will act as the lead quantity surveyor. Civil engineering consultancy for the project will be provided by Walsh Group. Walker Associates will act as the lead firm for offering consultancy services in the department of Structural engineering. Bluesky Unlimited and Odyssey Markides will offer their consultancy services in the fields of sustainability, and floor risk assessment. The project manager for this operation is Taylor Wimpey (South West Thames). Taylor Wimpey (South West Thames) is also the primary contractor for the development. The lead plant subcontractor is Elliott Group Limited Head Office. [**HZA**](https://www.hankzarihs.com/news/finance-news/) is always ready for serving real estate developers with the right loan featuring high returns. Check out our more [**Bridging Loans** ](https://moneyhighstreet.com/risk-losing-your-property-deposit/)Blogs. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** house price predictions 2018 uk, london property market, property market news, uk property market forecast 2019 --- ### [Wallis Road | Hackney | 123 New Homes](https://www.hankzarihs.com/online-property-development-wallis/) **Published:** May 22, 2018 **Author:** Shiraz Khan **Content:** Telford Homes Plc has submitted a development application for the development of 123 residential units, and commercial retail space at the site 80-84 & 88 Wallis Road, Hackney, London, E9 5LW. The application has been awarded a subcontract, but it is still pending a detailed planning. This is a privately funded new build project. Due to the size of this project Telford Homes will most likely use [development finance to fund this project.](https://www.hankzarihs.com/development-finance/) [![development finance loans](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-300x68.jpg "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## Online property development Once completed, the floor area for this project will cover 4000 square meters, while the entire site area will cover 4300 square meters. Upon finishing, the structure will include 123 residential housing units and 273 parking spaces. This project will begin in December 2017 and finish development in December 2019. 34 one bedroom houses, 65 two bedroom houses, and 24 three bedroom houses will be featured in this project. Pollard Thomas & Edwards Architects will be the lead architect, while Nathaniel Lichfield & Partners Limited will act as the primary planner for this project. Farrer Huxley Associates will join the development as the primary landscape architecture firm. Groveworld Rodney Street Limited will be the lead quantity surveyor. Mechanical and Electrical engineering consultancy and sustainability consultancy for the project will be provided by XCO2 Energy Limited. Conisbee will offer their services of structural and civil engineering consultancy. The management group includes Groveworld Rodney Street Limited. The primary contractor for the entire development will be Telford Homes Plc, and the mechanical & electrical subcontractor is RB Emerson Limited. The investors and developers of this project can take up Hank Zarihs Associates easy, quick, and hassle – free infrastructure capitals for making the project a huge success that can be cherished for years to come. We is always ready for serving real estate developers with the right loan featuring high returns. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** 100 percent development finance, commercial development finance lenders, Online property development, Property Development Loan --- ### [207 OLD STREET | THE TOWER | £73M -HZA](https://www.hankzarihs.com/housing-market-news-old-street/) **Published:** June 29, 2018 **Author:** Shiraz Khan **Content:** **Housing Market News**: Helical Plc Head Office has officially gained planning for the development of residential units at the site 207- 211 Old Street, Islington, London, EC1V 9NR. The application has received the subcontract meaning detailed approval from the council of Islington. This project will be mainly privately funded, and it has been categorized as a General Contract project, which means that it will mainly consist of refurbishing, extending or repairing the existing infrastructure on the land. Helical PLC has gone in for **[online development finance](https://www.hankzarihs.com/residential-development-finance-from-the-experts-at-hank-zarihs/)** on this project. [![development finance loans](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-300x68.jpg "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## Housing Market News From the first quarter of 2017 to June 2018, the project will finish development in 18 months. 1 structure will be erected on a floor and site area of 11938 square meters and 7875 square meters. Upon completion, the structures will be as high as 17 storeys and will consist of retail, restaurant and office floor space with associated kitchens, toilets, and access. It will also include general offices, cash handling offices, general retailing, restaurants, pubs, bars, canteens, and kitchens for commercial and residential purposes. The project will also feature associated paths and public areas. BREEAM Rating gave it a “Very Good.” Allford Hall Monaghan Morris and DP9 Planning Consultants will take the roles of the primary architect and the primary planner respectively. Arcadis Head Office will act as the primary Quantity Surveyor for the entire redevelopment and refurbishing of the existing infrastructure. Sweco will offer their consultancy services for Mechanical and Electrical engineering. The consultancy for Structural engineering will be provided by Waterman Building Services Limited, while the primary civil engineering consultant will also be Waterman Building Services Limited. GVA will be the project manager for this build/extension. The leading contractor will be Skanska UK Head Office. Lightweight Plastering Company Limited has won several subcontracts for this project, including ceiling finishing, interior fitting out, and wall finishing. The investors and developers of this project can take up [**HZ Associates**](https://www.hankzarihs.com/news/finance-news/) easy, quick, and hassle – free infrastructure capitals for making the project a huge success that can be cherished for years to come. [**HZA**](https://www.thehouseshop.com/property-blog/making-your-property-more-saleable-with-unique-features/18627) is always ready for serving real estate developers with the right loan featuring high returns. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** housing market news, london property market forecast, property market news, uk property market forecast --- ### [Lea Bridge Road Wathamstow | 300 Flats | £31.2M](https://www.hankzarihs.com/london-property-market-lea-bridge/) **Published:** July 2, 2018 **Author:** Shiraz Khan **Content:** **London Property Market:** Peabody Trust has submitted a development application for the development of 300 flats, landscaping at the site 97 Lea Bridge Road, Leyton, [London,](https://www.hankzarihs.com/london/) E10 7QL. The application is still in the stage of detailed planning, but it has been awarded a subcontract by the council of Waltham Forest. This privately funded Brownfield site project will involve demolition of existing structure, in order to construct new structures. Peabody Trust will have their own funding for a project of this size, but a normal developer would use **[development finance](https://www.hankzarihs.com/development-finance/)** to fund a project of this size due to the competitive rates. [![development finance loans](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-300x68.jpg "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## [London Property Market](https://www.hankzarihs.com/london-property-market-lea-bridge/) Once completed, the floor area for this project will cover 1805 square meters, while the entire site area will cover 8000 square meters. This Brownfield site project will involve the construction of one main structure, with 5 storeys above ground. Upon finishing, the structure will include 300 residential housing units and 42 parking spaces. This project will begin June 2017 and finish development in June 2020. 81 one bedroom houses, 178 two bedroom houses, 28 three bedroom houses, and 1 4-bedroom house will be featured in this project. BREEAM Rating gave it a “very good” in their review. Peabody Trust and Hill Partnerships Limited Head Office will act as the primary client as the associated developer for this project. Pollard Thomas & Edwards Architects will be the lead architect, while JLL will act as the primary planner for this project. BDP Head Office will join the development as the primary landscape architecture firm. Mechanical and Electrical engineering consultancy for the project will be provided by Baily Garner Limited. Brand Consulting Limited will offer their services of structural engineering consultancy and civil engineering consultancy. The primary contractor for this project will be Hill Partnerships Limited Head Office. Central Piling Limited has won the foundations contract, while the contracts for the frame, foundations, floors, landscaping, groundworks, and civil engineering have been won by Ground Construction Limited. RB Emerson Limited has won the subcontracts for electrical, security, and fire protection services. The subcontract for Heating & ventilation, mechanical engineering, and plumbing have been awarded to JS Wright & Company Limited. Uniform Architectural is responsible for the subcontracts of doors and windows. Scaffolding subcontract has been awarded to UPR Services Limited. Falcon Crane Hire Limited, TJL Plastering, and Mec-Serv Limited have won the subcontracts for plants, ceiling finishing, and floor finishing respectively. TJL Plastering has also been awarded the subcontracts for interior fitting out, and wall finishes. The primary painting and decorating subcontractor will be Twenty 20 Décor Limited. [**HZA**](https://www.europeanproperty.com/news/5-super-home-improvements-to-build-remodel-value-into-your-property-for-2019/) is always ready for serving real estate developers with the right loan featuring high returns. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** london house price crash, london house prices falling, london house prices graph, london property market --- ### [M&S White City Site | £120M – HANK ZARIHS ASSOCIATES](https://www.hankzarihs.com/online-auction-finance-ms-white/) **Published:** July 3, 2018 **Author:** Shiraz Khan **Content:** Online [Auction Finance](https://www.hankzarihs.com/auction-finance/) News**:** The Berkeley Group Head Office has submitted an official application for the mixed development of commercial and residential units at the site M&S White City Site, 54 Wood Lane, Shepherds Bush, London, W12 7RQ. The council of Hammersmith has awarded the subcontract to the application, but a detailed approval is still pending. This mixed funded project will begin construction of the new project on a previously empty land. They will be using **[development finance](https://www.hankzarihs.com/development-finance/)** to fund this project. [![development finance loans](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-300x68.jpg "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## **Online Auction Finance** The project will begin development in January 2018, and the entire development will finish construction in a period of 56 months in September 2022. 1 structure, rising as high as 28 storeys, will be erected during the development. A total of 1030 residential units will be featured in the project. 1, 2, 3, and a 4-bedroom house will be developed during this construction. Furthermore, commercial units and retail units will also be a part of the development. The entire site area of the project will be 22.75 Ha. Sustainable Homes awarded this project 4 stars, while BREEAM Rating referred to as “Very Good.” By using development finance in this project, Berkeley homes will have more cash to spread across other projects. Development finance can also help move the loan on to BTL Mortgages without having to pay arrangement fees twice. Patel Taylor Architects and Boyer Planning will take the roles of the primary architect and the primary planner respectively. St James Group Limited has been chosen as the lead quantity surveyor for the development, whereas Murdoch Wickham will join the project as the lead landscape architect firm. Hoare Lea and Curtins Consulting Engineers will offer their consultancy services in the fields of mechanical & electrical engineering and structural engineering respectively. Curtins Consulting Engineers will also take on the responsibilities of civil engineering consultancy. Aecom will serve as the lead sustainability consultant for the entire development. The project manager for the development will be St James Group Limited. The primary contractor for the entire project is The Berkeley Group Head Office. Dunton Environmental Limited has won the subcontracts for foundations and groundwork. The subcontracts for doors, windows and external walls have been won by Skonto Enterprises UK Limited. **HZA** is always ready for serving real estate developers with the right loan featuring high returns. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** equity financing, Fast Commercial Bridging Loans, Online Auction Finance --- ### [South Kilburn | Durham Court | £60M](https://www.hankzarihs.com/online-bridging-finance-south-kilburn/) **Published:** July 11, 2018 **Author:** Shiraz Khan **Content:** **Online Bridging Finance News:** Congratulations to London Borough of Brent for officially submitting an application for the residential development at the site 1 Durham Court, Kilburn Park Road, Kilburn, London, NW6 5XE.The council of Brent has granted a subcontract to the client, but they are still awaiting a detailed approval. The client has gained planning for the development from the authorities. A project of this scale would normally be funded by **[development finance](https://www.hankzarihs.com/residential-development-finance-from-the-experts-at-hank-zarihs/)**, but due to this being a government project they will have there own funds. Bridging finance could have been used to purchase the site, now the site has planning they can move there finance on to development finance. [![development finance loans](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-300x68.jpg "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## **Online Bridging Finance** This project is [**publicly funded**](http://www.talkmarkets.com/member/james-helliwell/blog/guide-to-the-bridging-loan-market-and-how-to-apply-for-bridging-loans?post=198774), and it has been categorized as a Brownfield Contract project, which means that it will mainly consist of refurbishing, extending or repairing the existing infrastructure on the land. London Borough of Brent will begin the project in June 2018 and finish the entire development by June 2020. The entire project will finish development in 24 months. Upon completion, the development will span over a site area of 1.31 Ha respectively. The existing infrastructure will be replaced with a total of 236 individual residential units, which will rise up to 6 storeys. 92 one bedroom, 85 two bedroom flats, 52 three bedroom flats and 7 four bedroom flats with associated parking and landscaping will be developed to take place of the old houses. Feilden Clegg Bradley Architects, Gort Scott Architects and Alison Brooks Architects Limited have been assigned the role of the primary architecture firms for the regeneration process. Grant Associates will act as the lead landscape architect for the development, and they will be joined by Currie and Brown who will take on the role of the Quantity Surveyor. [HZA](https://www.hankzarihs.com/fast-bridging-finance/) is always ready for serving real estate developers with the right loan featuring high returns. Buro Happold will offer their consultancy services for Mechanical, Electrical, Structural and Civil engineering. It will also provide consultancy in the field of Sustainability. Currie and Brown have been assigned the role of the CDM Coordinator. Telford Homes Plc is currently the primary contractor for the development. DDS Demolition and Connect Scaffolding Limited are the primary demolition and scaffolding subcontractors respectively. Getjar Limited is the proud winner of the highest number of subcontracts for this project. Their subcontracts include floors, foundations, groundworks, and landscaping. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** bridge loan, Fast Commercial Bridging Loans, Online Bridging Finance, short term loans --- ### [Royal Albert Dock | East Ham | £240M- HANK ZARIHS ASSOCIATES](https://www.hankzarihs.com/online-development-loan-royal-albert/) **Published:** July 12, 2018 **Author:** Shiraz Khan **Content:** **Online development Loan News**: Congratulations to London Development Agency for gaining planning for the official mixed-use development at the site N/O Royal Albert Dock, Millman Road, Beckton, East Ham, London, E16 2FG. This will be a mixed development for business and residential purpose on the site. A project of this scale will be funded by [**Online development loan**](https://www.hankzarihs.com/online-development-loan-royal-albert), due to it the rate for a project of this size being minimal. [![development finance loans](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-300x68.jpg "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## Online development Loan This project is privately funded by [**Online development loans**](https://www.europeanproperty.com/news/5-super-home-improvements-to-build-remodel-value-into-your-property-for-2019/), and it has been categorized as a New Build project, which means that it will mainly consist of brand new construction on a previously empty land. London Development Agency will begin the project in late May 2017, and finish the entire development by late November 2018. The entire project will finish development in 18 months. The entire development will cover a floor area and a site area of 63118 square meters and 14.7 Ha respectively. 10 new structures will be erected as high as 10 storeys on the empty land. The structures will consist of 845 residential units for the residents. The development will also include car parking, gymnasia, sports halls, entertainment centres and various other business ventures. Kudos to the client for earning 4 stars rating from Sustainable Homes, and an Excellent from BREEAM Rating. London Development Agency is the primary client and the primary developer for the entire project, but they will be joined by several associated developers, such as ABP London (Investment) Limited, Greater London Authority, Stanhope Plc, and Citic Construction. Farrells Head Office has been assigned the role of the primary architecture firms for the development process. CB Richard Ellis Limited will join the project as the lead planning consultants. Gillespies LLP will act as the lead landscape architect for the development, and they will be joined by WT Partnership (Head Office) who will take on the role of the Quantity Surveyor. Hilson Moran Partners Head Office and AKT II will offer their consultancy services in the fields of Mech & Elec engineering and structural engineering respectively. The primary contractor for the entire development will be Multiplex Head Office. Mercury Engineering has won quite a few subcontracts, such as fire protection, heating & ventilation, M & E, plumbing, and security. Mitchellson Formwork & Civil Engineering Limited has also won a notable amount of subcontracts, including groundworks, floors, frame, and stairs. Vital Energi is another one of the companies that won a vast amount of subcontracts, such as fire protection, heating & ventilation, M & E, and plumbing. Astins Limited is the proud contractor for ceiling finishing, interior fitting out, and wall finishing. The subcontractors for floor finishing, and wall finishing. Colman Air Distribution, Weldex, Primetone Builders Limited have won the subcontracts for external walls, plant, and painting & decorating respectively. [**HZA**](https://www.hankzarihs.com/development-finance/) is always ready for serving real estate developers with the right loan featuring high returns. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** auction finance uk, Development Finance Rates & Fees, Online development loan, property loans uk --- ### [Ferry Lane | Walthamstow | £100M -HANK ZARIHS ASSOCIATES](https://www.hankzarihs.com/online-refurbishment-finance-ferry-lane/) **Published:** July 13, 2018 **Author:** Shiraz Khan **Content:** Congratulations to Legal and General Group PLC (Head Office), that has officially submitted an application for the redevelopment of residential units at the site Ferry Lane Industrial Estate, Units 1- 9, Wickford Way, Walthamstow, London, E17 6HG. This project will be mainly privately funded, and it has been categorized as a Brownfield Contract project, which means that it will mainly consist of refurbishing, extending or repairing the existing infrastructure on the land. Legal and General will most likely use [**Online Refurbishment Finance**](https://www.hankzarihs.com/online-refurbishment-finance-ferry-lane) for a project of this size due to the rates being competitive. [![development finance loans](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-300x68.jpg "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) The client has gained planning for the development of the residential units. Legal and General Group PLC (Head Office) will begin the project in October 2017, and finish the entire development by October 2022. The entire project will finish [**development finance**](https://www.hankzarihs.com/development-finance/) in 60 months. Upon completion, the development will span over a floor and a site area of 2069 square meters and 1.6 Ha respectively. In a total of 5 new structures, 440 individual residential units will be developed. The structures will rise as high as 16 storeys, and 29 parking spaces will be offered to the residents. To break it down, 244 one bed houses, 149 two bed houses, and 47 three bed houses will be developed to fill the structures. ## [**Online Refurbishment Finance**](https://moneyhighstreet.com/risk-losing-your-property-deposit/) Assael Architecture Limited and Savills Plc will take on the roles of the primary architect and the primary planner respectively. Cast Consultancy will act as the primary Quantity Surveyor for the entire redevelopment and refurbishing of the existing infrastructure. The lead landscape architect will be BCA Landscape. Beverley Clifton Morris Limited will offer their consultancy services for Mechanical, Electrical engineering and Sustainability. The consultancy for Structural engineering will be provided by Atelier One and AECOM, while the primary civil engineering consultant will also be WSP Parsons Brinckerhoff (Head Office). GVA will be the project manager for this build/extension. CBRE Limited Head Office is the proud project manager for this development. Galliford Try Partnerships South East is currently the main contractor and has won many of the subcontracts, including foundations and groundworks. The primary civils subcontractor is Henry Construction Projects Limited. OCL Facades Limited is also among the top scoring contractors, having won the subcontracts for external walls, walls, and windows. The framing subcontractor and M & E subcontractors are Corbyn Construction Limited and Otis Lifts Limited Head Office respectively. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** Commercial Refurbishment Loans, Online Refurbishment Finance, Refurbishment Finance Funding Loans --- ### [West House | Ealing | 331 Units – HZA](https://www.hankzarihs.com/construction-finance-west-house-ealing/) **Published:** July 19, 2018 **Author:** Shiraz Khan **Content:** **Construction finance News**: Congratulations to Galliard Homes Limited Head Office for gaining planning for the redevelopment at the site Westgate House, West Gate, Ealing, London, W5 1YY. This will be a redevelopment for residential purpose on the site. The will cost £14,800,000 to build, Galliard will use **[development finance](https://www.hankzarihs.com/residential-development-finance-from-the-experts-at-hank-zarihs/)** to cover the cost and free cash for other projects. [![development finance loans](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-300x68.jpg "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## [**Construction Finance Loans**](https://www.hankzarihs.com/construction-finance-west-house-ealing/): This project is privately funded, and it has been categorized as a Brownfield Site project, which means that it will mainly consist of the demolition and redevelopment of the previous infrastructure. The current building will be demolished to erect 331 flats with associated works. Starting from July 2018, and finishing in November 2020, the client will finish the project in 28 months. 331 new residential units will be developed for the residents. Alan Camp Architects will take over the duties of the lead architecture firm, while they will be joined by Maven Plan Limited, which will act as the lead planner firm for the redevelopment process. Bickerdike Allen Partnership Head Office is the lead acoustic consultant for the entire project. CJ O’Shea Group Limited has won a significant number of subcontracts, such as foundations, groundworks and the primary basic subcontracts. Coatings & Blasting Services Limited Unit 4 Ash Court has secured the subcontract for painting & decorating. The developers and investors of this big project can avail easy and hassle-free capital from [**HZA**](https://www.finance-monthly.com/2018/11/development-finance-is-the-biggest-hitch-for-building-boom/) for making their infrastructure goal a huge success. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** commercial mortgage broker, Commercial property loan, construction finance, short term loans --- ### [Embassy Gardens | South Lambeth | 872 Units- HZ Associates](https://www.hankzarihs.com/online-bridging-loans-embassy-gardens/) **Published:** July 19, 2018 **Author:** Shiraz Khan **Content:** **Online Bridging Loans News:** Cheers to Ballymore Group for gaining planning for the extension of Embassy Gardens with a Phase 2 at the site Nine Elms Lane, 1-12 Ponton Road & 51 Nine Elms Lane, South Lambeth, London, SW8 5BA. This will be a privately funded brownfield site project, which will involve the demolition of the existing infrastructure before the construction of a new one. To build out the site it will cost £65,400,000, due to this Ballymore will be using **development finance** freeing up cash to spend on further developments. [![development finance loans](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-300x68.jpg "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## **Online Bridging Loans** The client will begin the project in January 2016, and the entire development will be finished in a period of 24 months (2 years) precisely. Upon its completion, the project will cover a floor area of 3306 square meters. 3 new structures will be developed for the project, and they will rise as high as 22 storeys. The structures will consist of 872 residential units for the residents. 33 studio, 139 one bedroom, 572 two-bedroom, 103 three-bedroom, 21 four-bedroom and 4 penthouse apartments will be featured in this project. A total of 771 parking spaces will be made available to the residents. The development will also include a linking swimming pool between the three structures, which will be available to all the residents. Props to the client for earning 3 stars rating from Sustainable Homes and an Excellent from BREEAM Rating. The primary architecture firm for the project will be Arup Head Office. CBRE Limited Head Office will join the project as the lead planning consultants. The primary landscape architect for the development will be Camlin Lonsdale. Buro Happold and Arup Head Office will offer their consultancy services in the fields of Mech & Elec engineering and structural engineering respectively. Arup Head Office will also be the project manager for the entire development. The management contractor will be Ballymore Group. Among the contractors, Galldris Construction Limited won the highest number of subcontracts for the development, such as civil, floors, foundations, groundworks, and landscaping subcontracts. Prater Limited Head Office also won a significant number of subcontracts, including doors, external walls and windows. The subcontracts for interior fitting out and joinery have been awarded to Ruddy Homes Limited. The primary mechanical subcontractor is Mitsubishi Electric Europe Lifts & Escalators Division. S & T Interiors UK have won the subcontracts for floor finishing, interior fitting out, and joinery. The leading fire protection, heating & ventilation, M & E, plumbing and security subcontractor for the development is Cilantro Engineering UK Limited. Barr & Wray Limited are responsible for the swimming pools subcontracts. **HZ ASSOCIATES** is always ready for serving real estate developers with the right loan featuring high returns. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** Bridging Finance, bridging finance loans in london, commercial mortgage broker, online bridging loans --- ### [Former Nestle Factory | Master Plan | £175.2M – HZ Associates](https://www.hankzarihs.com/infrastructure-development-finance-nestle/) **Published:** July 19, 2018 **Author:** Shiraz Khan **Content:** Barratt (West London) Limited deserves a kudos for gaining planning for the redevelopment of the old Nestle Factory at the site Nestles Avenue, Hayes, Middlesex, UB3 4QA. This will be a privately funded brownfield site project, which will involve the demolition of the existing infrastructure before the execution of the master plan to replace the old Nestle Factory. Due to the size of the project [**infrastructure development finance**](https://www.hankzarihs.com/residential-development-finance-from-the-experts-at-hank-zarihs/) will be used to cover most of the cost. [![development finance loans](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-300x68.jpg "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## Infrastructure Development Finance The client will finish the entire development in a period of 84 months. The entire development will cover a floor area and a site area of 24740 square meters and 12.28 Ha respectively. The new structures will be erected as high as 10 storeys, and they will consist of 1381 residential units for the customers. 686 one-bedroom, 557 two-bedroom and 138 three-bedroom flats along with 4 industrial units, data Centre, cafe, community Centre, children’s day nursery, office suites, associated access, landscaping, parking and offices will be developed for this project. Barratt (West London) Limited is the primary client and the primary developer for the entire project, but they will be joined by SEGRO Plc, who will act as the associated developer. De Metz Forbes Knight, Makower Architects, Hawkins Brown Architects, and Michael Sparks Associates have been assigned the role of the primary architecture firms for the development process. Barton Willmore will join the project as the lead planning consultants. Terry Anderson Landscape Architects will act as the lead landscape architect for the development. The consultant group includes Elliot Wood Partnership, Markides Associates, Capita Symonds, and Hydrock, which will offer consultancy services in the fields of structural engineering, transport, and flood risk assessment respectively. The management group includes Barratt (West London) Limited as the project manager, and Point 2 Surveyors Limited as the surveyor for the development. **HZA** is always ready for serving [**real estate developers**](https://www.hankzarihs.com/development-finance/) with the right loan featuring high returns. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** commercial mortgage broker, equity joint venture financing, infrastructure development finance, Refurbishment Finance Funding Loans --- ### [Leicester Square | Westminster | £150M -HZ Associates](https://www.hankzarihs.com/commercial-refurbishment-loans-leicester/) **Published:** July 20, 2018 **Author:** Shiraz Khan **Content:** **Commercial Refurbishment Loans News**: Heartiest congratulations to Radisson Edwardian Hotels Limited Head Office for gaining planning for the development of a hotel and residential units at the site Leicester Square, Panton Street, Whitcomb Street, Orange Street, Martin Street, Westminster, London, WC2H 7DT. This will be a [**privately funded**](https://www.hankzarihs.com/development-finance/) brownfield site project, which will involve the demolition of the existing infrastructure before the construction of a new one. [![development finance loans](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-300x68.jpg "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## **Commercial Refurbishment Loans** The client will begin the project in March 2017, and the entire development will be finished in a period of 60 months, in March 2022. Upon its completion, the project will cover a floor and site area of 30123 square meters and 2100 square meters respectively. The project will cost £150,000,000 due to the high-cost **[development finance](https://www.hankzarihs.com/residential-development-finance-from-the-experts-at-hank-zarihs/)** will be used by REH LTD. The newly constructed structures for the redevelopment will rise up to 10 storeys high, while 5 storeys will be developed below the ground level. The structures will offer a total of 33 residential units for the residents. A two screen cinema and a hotel with 350 beds will also be featured in this development. Props to the client for securing an “Excellent” from BREEAM Rating. The primary architecture firm for the project will be Woods Bagot. JLL will join the project as the lead planning consultants. The primary landscape architect for the development will be Tavernor Consultancy. JLL has been chosen to serve as the lead quantity surveyor. Arup will offer their consultancy services in the fields of Mech & Elec engineering, structural engineering and sustainability. The project management group includes three major clients. JLL has been appointed as the project manager of the project. They will be assisted by Blue Sky Building and Arup, which will act as the lead management contractor and CDM Coordinator respectively. McGee Group Limited has won the highest number of subcontracts, including demolition, foundations, groundworks, and swimming pools. GIG Facades Limited and Barr & Wray Limited have won the external walls subcontract and swimming pools subcontract respectively. [**HZA**](https://www.europeanproperty.com/news/5-super-home-improvements-to-build-remodel-value-into-your-property-for-2019/) is always ready for serving real estate developers with the right loan featuring high returns. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** bridging finance loans in london, Commercial Refurbishment Loans, Development and Refurbishment Finance, Refurbishment Finance Funding Loans --- ### [Orchard Place | Poplar | 804 Units](https://www.hankzarihs.com/short-term-loans-orchard-place/) **Published:** July 23, 2018 **Author:** Shiraz Khan **Content:** Congratulations to Ballymore Group for gaining planning for the mixed construction commercial and residential units at the site Hercules Wharf Castle Wharf and Union Wharf, Orchard Place, Poplar, London, E14 0JW. This privately funded Brownfield site project will begin construction once the previous infrastructure on the land has been demolished. The development will cost £62,500,000 to fully build, for a project of this size [**development finance**](https://www.hankzarihs.com/development-finance/) will be put in place, but due to the location, the rates will be very competitive. [![](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-300x68.jpg "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## Short Term Loans Ballymore Group will begin the construction process in December 2018, and the entire development will be finished in a period of 48 months, in December 2022. When completed, the 16 buildings constructed will spread over a floor and a site area of 1817 square meters and 2.43 Ha respectively. Furthermore, the 16 structures will consist of 804 residential units and will rise up to a height of 30 storeys above the ground level. 1 level will also be developed below the ground level. A total of 131 parking spaces will be offered to the residents. The architect group includes four major companies. Allies & Morrison Urban Practitioners and Rolfe Judd Group will provide the services of the lead architecture firm and lead planning firm respectively. The primary landscape architect and quantity surveyor will be Spacehub and Bruce Shaw Partnership respectively. WSP Parsons Brinckerhoff (Head Office) is the sole consultant for the project. They will offer their consultancy services in the fields of M & E, structural engineering, civil engineering, and sustainability. The management group includes big clients, such as Ballymore Group and Gardiner & Theobald Limited Head Office. The project’s developers and investors can easily gain access to capital from [Hank Zarihs Associates](https://www.hankzarihs.com/) for making this big infrastructure aim a huge success. Moreover, with funding from Hank Zarihs Associates, they can get a high return on investment. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** commercial mortgage broker, equity financing, london bridging finance loan, short term loans --- ### [Palmerston Court | South Lambeth | £30M – HZA](https://www.hankzarihs.com/property-bridging-loan-palmerston-court/) **Published:** September 4, 2018 **Author:** Shiraz Khan **Content:** **Property Bridging Loan News**: Kudos to London & Argyll Developments Limited for gaining planning for the Palmerston Court construction project at the site Palmerston Court, Palmerston Way, South Lambeth, London, SW8 4AJ. This privately funded Brownfield site project will begin construction in the first quarter of 2019 and finish the construction process in the first quarter of 2024 in a period of 60 months. This part of the project will cost £30,000,000, Kudos will use **development finance** to provide further funds for this project. [![development finance loans](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-300x68.jpg "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## Property Bridging Loan When completed, the 16 buildings constructed will spread over a site area of 3900 square meters. Furthermore, 1 structure comprising 162 residential units will be erected, and it will rise up to 17 storeys. 1 storeys will also be developed below the ground level. 48 one bed houses, 103 two bed houses, and 11 three bed houses will be featured in the development. A total of 3 parking spaces will be offered to the residents. The net retail floor space for the project will be 4109.3 square meters. Feilden Clegg Bradley Architects will fill the role of the primary architecture firm. They will be joined by DP9 Planning Consultants and LDA Design which will act as the lead planner firm and landscape architecture firm for the development respectively. Waterman Building Services Limited will offer their consultancy services for structural and civil engineering. The primary transport consultant will be Caneparo Associates. GVA will act as the project manager for the project. The project’s developers and investors can easily gain access to capital from **HZA** for making this big infrastructure aim a huge success. Moreover, with funding from **HZ ASSOCIATES**, they can get a high return on investment. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** commercial mortgage broker, Commercial property loan, property bridging loan, property developer finance --- ### [The Millbank Tower Project for Mixed Development Cost £100M](https://www.hankzarihs.com/online-development-finance-millbank-tower/) **Published:** September 17, 2018 **Author:** Shiraz Khan **Content:** Cheers to Motcomb Estates Limited for gaining planning for the construction of residential units and a hotel at the site Millbank Tower, Millbank Street, Westminster, London, SW1P 4QP. This will be a privately funded brownfield site project, which will involve the demolition of the existing infrastructure before the construction of a new one. The client will use the [development finance](https://www.hankzarihs.com/development-finance/) to fund other projects, while they dedicate their resources to this development. [![Online Development Finance](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-300x68.jpg "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) The client will begin the project in September 2019, and the entire Online Development Finance will be finished in a period of 36 months precisely, in September 2022. Upon its completion, the project will cover a floor area of 29877 square meters, and the site area will cover 1.42 Ha. 3 new storeys will be developed for the project, and the entire development will rise as high as 37 storeys. This development is an extension to the previously built infrastructure. The new storeys will consist of 215 residential units for the residents. 74 one bedroom, 109 two-bedroom, 30 three-bedroom, 2 four-bedroom, and 195 hotel beds will be featured in this project. Props to the client for earning 4 stars rating from Sustainable Homes and an Excellent from BREEAM Rating. The excellent ratings helped the client to secure the needed development finance. The primary architecture firm for the project will be John McAslan & Partners. DP9 Planning Consultants will join the project as the lead planning consultants. The primary landscape architect for the development will be Robert Myers Associates Landscape Architecture. Arcadis will act as the primary quantity surveyor for the entire project. With the help of development finance to take care of the construction budget, the client can focus on several projects at the same time. Hoare Lea will offer their consultancy services in the fields of Mech & Elec engineering. AKT II will consult for the structural engineering and civil engineering. The Energy Practice Limited is the lead sustainability consultant for this development. **HZA** for making this big infrastructure aim a huge success. Moreover, with funding from HZA, they can get a high return on investment. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** Development Finance, Development Finance Lenders, london property market, Online Development Finance --- ### [The Westgate Development of 5 Structures Will Cost £440M](https://www.hankzarihs.com/development-loans-westgate-project/) **Published:** October 11, 2018 **Author:** Shiraz Khan **Content:** Kudos to The Crown Estate for gaining planning for the development of 5 structures at the site Westgate Shopping Centre, Thames St, Castle Mill Stream, Abbey Place, Norfolk St, Castle St, Bonn Square, Oxford, Oxfordshire, OX1 1NX. The **development loans** will stabilize this privately funded brownfield site project, which will involve repairs, re-modifications, and the demolition of the existing infrastructure before the construction of new ones. [![development loans](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-1-300x68.jpg "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) The client will begin the project in the June 2015, and it will be finished in October 2017. The entire development will cover a floor area and a site area of 108364 square meters and 5.7 Ha respectively. 4 storeys will be above the ground level, while the 5 new structures will also have 2 storeys below the ground level. The structures will consist of 61 residential units. The client has already earned 3 stars from Sustainable Homes, and “Very Good” from BREEAM Rating. The **development loans** will also allow the construction of up to 81,922sqm retail space, up to 26,712sqm of commercial space, 61 flats, public toilets, and associated parking, access and landscaping to be included in the project. ## Development Loans News Allies & Morrison Urban Practitioners, BDP Head Office, Panter Hudspith Architects, Glenn Howells Architects, and Dixon Jones Limited have been assigned the role of the primary architecture firms for the development process. Turley Associates Limited (Head Office) will join the project as the lead planning consultants. Gillespies Head Office has been chosen as the primary landscape architect. Hoare Lea Head Office will offer their consultancy services in the fields of Mech & Elec engineering. Waterman Building Services Limited will offer consultancy services in the fields of structural engineering and civil engineering. The primary Sustainability Consultant will be WSP Group Limited. Hoare Lea Head Office will also serve as the lead sustainability consultant. The steady flow of cash with the help of development finance loans will ensure that all the ongoing construction projects are finished without any financial hindrances. The project manager for the entire development will be Mace Limited Head Office. For the time being, Laing O’Rourke Northern Limited is the primary contractor for the development process. Crown House Technologies has also wanted the highest number of subcontracts for the process. The project’s developers and investors can easily avail capital from **HZA** for making their infrastructure goal success and obtaining high ROI. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** Development Finance, development loans, property development funding, Westgate Development --- ### [The St Johns Wood Square Development Cost £1.5BN](https://www.hankzarihs.com/commercial-bridging-loan-st-johns-wood/) **Published:** October 10, 2018 **Author:** Shiraz Khan **Content:** Congratulations to St John’s Wood Square Limited for gaining planning for the construction of residential units at the site St Johns Wood Barracks, Ordnance Hill, St Johns Wood, London, NW8 6PT. This mixed funded Brownfield site project will begin construction after the demolition of the previous infrastructure. The flexible options of [development finance](https://www.hankzarihs.com/development-finance/) loans will enable the client to finish construction on time. [![commercial bridgning loan](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-1-300x68.jpg "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) St John’s Wood Square Limited will develop the project for a period of 60 months. The project will begin in the first quarter of 2019, and it will be finished in the first quarter of 2024. Furthermore, the new structure will consist of 163 residential units and will rise up to a height of 4 storeys above the ground level. A total of 180 parking spaces will be offered to the residents. The development will also include associated retail and restaurant accommodation, parking, access, and landscaping. 16 4-bedroom houses will be constructed, along with 58 one bedroom, 26 two-bedroom, 37 three-bedroom, and 26 four-bedroom flats. The financial budget for this project will be stabilized with the help of development finance loan options. https://youtu.be/gE8OzImL\_dY ## Commercial Bridging Loan Squire and Partners and Wilkinson Eyre Architects Head Office will be the primary architects for this project. The primary planner will be DP9 Planning Consultants. Andy Sturgeon Landscape and Garden Design and Arcadis LLP Head Office will take the roles of landscape architect and quantity surveyor respectively. The Mech & Elec engineering consultancy services will be provided by WSP Parsons Brinckerhoff (Head Office). Robert Bird Group will delivery consultancy services in the fields of structural and civil engineering. Atelier Ten will be the lead sustainability consultant. The project manager and management contractor will be Arcadis LLP Head Office and Craigewan respectively. The client will use the option of **commercial bridging loan** to finish all their ongoing projects in time. The investors and developers of this Project can easily take up the fast and credible infrastructure capitals offered by Hank Zarihs Associates. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** commercial bridgning loan, commercial bridgning loan UK, Development Finance --- ### [The Spire London Project Will Cost £800M](https://www.hankzarihs.com/non-status-bridging-loan-spire-london/) **Published:** October 9, 2018 **Author:** Shiraz Khan **Content:** Kudos to Greenland Group for gaining planning for the development of Spire London Project at the site Hertsmere House, 2 Hertsmere Road, West India Quay, Poplar, London, E14 4AL. This privately funded project will begin construction in January 2019 and finish the construction process in January 2022 in a period of 36 months. This will be a completely new build which will be completed within the assigned deadline with the help of flexible **Non Status Bridging Loan**. [![Non Status Bridging Loan](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-1-300x68.jpg "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) When completed, the building constructed will rise up to 67 storeys, and offer 861 residential units. 2 storeys will also be developed below the ground level. This development will feature 480 one, 340 two, and 41 three bedroom houses along with a commercial floor space, parking and landscaping work. The client will ensure that all of their ongoing construction processes are finished before the deadline with the help of development finance loans. The project will offer a total of 9 parking spaces. ## Non Status Bridging Loan HOK International Limited (Head Office) will fill the role of the primary architecture firm. Bilnger GVA will act as the primary planner for the development process. They will be joined by Gleeds UK Head Office and Gillespies LLP which will act as the lead quantity surveyor and landscape architecture firm for the development respectively. The primary interior designer will be Argent Design Limited. The client has decided to opt for the flexible and useful Non **Status Bridging Loan** to help them with financial stability. WSP Parsons Brinckerhoff (Head Office) will offer their consultancy services for the fields of Mech & Elec, and structural engineering. The project manager for the development will be AECOM and Gleeds UK Head Office, whereas AECOM has also been assigned the role of the primary management contractor for the entire project. Bachy Soletanche Limited is among the subcontractors with the highest number of awarded subcontracts, such as foundations and groundworks. Permasteelisa (UK) Limited has won the subcontract for external walls. **HZ Associates** always strives to offer its clients necessary financial support for the success of their real estate construction plans. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** Development Finanace --- ### [The Sir Henry Royce Institution Development Cost £235M Development Finance](https://www.hankzarihs.com/quick-bridging-loan-henry-royce-project/) **Published:** October 8, 2018 **Author:** Shiraz Khan **Content:** Congratulations to The University of Manchester for gaining planning for the development of 650 units at the site Oxford Road, Manchester, Greater Manchester, M15 6ER. This will be a Government funded pipeline project, and it will involve the construction of brand new infrastructure for business and residential purpose on the site. The **Quick Bridging Loan** options will keep the construction process running smoothly. [![Quick Bridging Loan](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-1-300x68.jpg "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) The client will finish the project in 27 months. The project will begin in October 2017, and it will be finished in the first quarter of 2020. The entire development will cover a floor area and a site area of 16000 square meters and 5600 square meters respectively. 1 new structure will be erected as high as 10 storeys, and it will consist of 650 residential units for the residents. The redevelopment will also include offices, café, leisure facilities, and associated works. A total of 1000 parking spaces will be offered to the residents. This will be developed with the help of financial stability from the ***development*** ***finance*** loans. ## Quick Bridging Loan NBBJ has been assigned the role of the primary architecture firm for the redevelopment process. Lambert Smith Hampton (Manchester) will join the project as the lead planning consultants. Gillespies LLP will join the project as the primary landscape architect. The primary quantity surveyor for the entire project will be Arcadis, who will also serve as the project manager. Arup & Partners will offer their consultancy services in the field of Mech & Elec engineering. Ramboll will offer their consultancy services in the fields of structural engineering, civil engineering, transport, and flood risk assessment. The flexible and easy terms of **Quick Bridging Loan** will allow the client to finish the project in 27 months. Laing O’Rourke Northern Limited will be the primary contractor. Inasus has won the subcontracts for external walls, doors, and windows. The primary demolition subcontractor will be Expanded Limited. Crown House Technologies has also won several important subcontracts, such as security, plumbing, and heating & ventilation. [**HZA**](https://www.hankzarihs.com/contact-us/) always strives to offer its clients necessary financial support for the success of their real estate construction plans. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Planning News, Projects **Tags:** Development Finance, Mortgages for Business, property development finance options, Quick Bridging Loans Online --- ### [The Landmark Pinnacle Construction of 948 Units Will Cost £200M](https://www.hankzarihs.com/bridging-loan-landmark-pinnacle/) **Published:** October 4, 2018 **Author:** Shiraz Khan **Content:** **Bridging Loan News:** Congratulations to Chalegrove Property Limited for gaining planning for the mixed construction of commercial and residential units at the site The City Pride Public House, 15 Westferry Road, Poplar, London, E14 8JH. This privately funded Brownfield site project will begin construction on a previously empty land. The flexible options of *[development finance](https://www.hankzarihs.com/residential-development-finance-from-the-experts-at-hank-zarihs/)* loans will allow the client to complete the project within the allotted time period. [![Bridging Loan](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-1-300x68.jpg "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) Chalegrove Property Limited will construct 1 new structure. Furthermore, the new structure will consist of 948 residential units and will rise up to a height of 75 storeys above the ground level. 3 levels will also be developed below the ground level. A total of 30 parking spaces will be offered to the residents. The development will also include a health spa, swimming pool, restaurant, business Centre, retail areas, cinema, sky lobby at level 56, two amenity floors at levels 27 and 56, and basement car parking services. The units will comprise 864 residential units and 84 serviced apartments. The [**Bridging Loan**](https://www.hankzarihs.com/bridging-loan-landmark-pinnacle/) budget for this project will be sustained and maintained with the help of development finance loan options. ## Bridging Loan Finance Squire and Partners will be the primary architect for this project, and it will also serve as the lead interior designer. The primary planner will be GVA. Farrer Huxley Associates and Gleeds UK Head Office will take the roles of landscape architect and quantity surveyor respectively. The Mech & Elec engineering consultancy services will be provided by Hoare Lea. WSP Parsons Brinckerhoff (Head Office) will delivery consultancy services in the fields of structural and civil engineering. Aecom will be the lead sustainability consultant. The project manager and management contractor will be Chalegrove Property Limited. JRL Environmental Limited has won the subcontracts for foundations and groundworks. KFK has won several subcontracts, including external walls, windows, and doors. Haydon Mechanical & Electrical Limited is also among the primary contractors and has won subcontracts for fire protection, heating & ventilation, M & E, plumbing, and security. The client will use the option of development finance loans to continue working on their ongoing projects without any burdens. [**HZ Associates**](https://www.europeanproperty.com/news/5-super-home-improvements-to-build-remodel-value-into-your-property-for-2019/) always strives to offer its clients necessary financial support for the success of their real estate construction plans. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Planning News, Projects **Tags:** Bridging Loans, Development Finance, London Bridging Finance --- ### [Owen Street Project-Manchester Will Cost £250M Development Finance](https://www.hankzarihs.com/commercial-finance-loan-owen-street-project/) **Published:** October 5, 2018 **Author:** Shiraz Khan **Content:** **Commercial Finance Loan News**: Congratulations to CQ Investments Limited for gaining planning for the development of the new Owen Street construction project at Owen Street & Pond Street, Old Deansgate & The River Medlock, Manchester, Greater Manchester, M3 4LB. This will be a privately funded brownfield site project, and the financial budget will be stabilized with the help of flexible **property development loan.** . [![commercial finance loan](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-300x68.jpg "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) The client will begin the project in September 2016 and finish the project in 48 months in September 2020. The entire development will cover a floor area and a site area of 3345 square meters and 1.54 Ha respectively. 4 new structures will be erected as high as 64 storeys, and 3 levels will also be constructed below the ground level. The structures will consist of 1294 residential units for the residents. The development will also include 813 parking spaces and 209 hotel beds. Having **commercial finance loan will ensure the smooth flow of construction processes. ## Commercial Finance Loan Simpson Haugh & Partners has been assigned the role of the primary architecture firm for the development process. Deloitte Real Estate will join the project as the lead planning consultants. TPM Landscape will act as the lead landscape architect. WSP Group Limited and DP Squared Limited will offer their consultancy services in the fields of Mech & Elec engineering and structural engineering respectively. The primary civil engineering Consultant will be Civic Engineers. The primary contractor for the entire development is Renaker Build Limited. Renaker Build Limited has won the subcontracts for ground works and foundations. Other subcontractors include MWA Eco Systems Limited, RNM Electrical Limited, G Williams Joinery Limited, and others. The development finance loan will help the client with on-time completion of the construction projects. **HZA** always strives to offer its clients necessary financial support for the success of their real estate construction plans. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** commercial loan providers, Development Finance, property development finance options, Quick Bridging Loans Online --- ### [11 Buildings for Brighton Marina Development Will Cost £265M](https://www.hankzarihs.com/cheap-bridging-loan-brighton-marina/) **Published:** October 1, 2018 **Author:** Shiraz Khan **Content:** Congratulations to Brunswick Developments Limited for gaining planning for the mixed construction of commercial and residential units at the site Brighton Marina, Comprising Outer Harbour, West Quay & AdjLand, Brighton, East Sussex, BN2 5UF. This privately funded Brownfield site project will begin construction on a previously empty land. The flexible options of **cheap bridging loan**, [**development** **finance**](https://www.hankzarihs.com/residential-development-finance-from-the-experts-at-hank-zarihs/) loans will allow the client to finish the project within the deadline. [![cheap bridging loan](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-1-300x68.jpg "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) Brunswick Developments Limited will construct 11 new buildings. Furthermore, the 11 structures will consist of 853 residential units and will rise up to a height of 40 storeys above the ground level. 3 levels will also be developed below the ground level. A total of 496 parking spaces will be offered to the residents. The development will also include high-level viewing galleries, commercial offices, and retail floor space. The financial budget for this project will be stabilized with the help of [**cheap bridging loan**](https://www.hankzarihs.com/cheap-bridging-loan-brighton-marina) options. ## Cheap Bridging Loan The primary client for the development is Brunswick Developments Limited, and the associated developer will be BDW Southern Counties. The architect group includes three major companies. Wilkinson Eyre Architects Head Office and Acanthus LW Architects will provide the services of the lead architecture firms. DP9 Planning Consultants has been chosen as the lead planning firm. The primary landscape will be Wilkinson Eyre Architects Head Office. The development finance loan will ensure a smooth flow of the construction process. JRL Environmental Limited has won the subcontracts for civils, floors, foundations, groundworks, frame, stairs and landscaping. Ark Mechanical & Electrical Services Limited has also won several subcontracts, including fire protection, heating & ventilation, M & E engineering, plumbing, and security. Other subcontractors include JRL drylining, Cem glaze limited, City Flooring, Woodhart Group and more. Prospective investors and developers can easily get capital from **HZA** for realizing their goal of infrastructure development as well as getting good returns by investing in this high end project. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Projects **Tags:** bridging loan for property development, cheap bridging loan, Development Finance, property bridging loan --- ### [The Phase 2 of London Stansted Airport Will Cost £130M](https://www.hankzarihs.com/commercial-bridging-loan-stansted/) **Published:** October 3, 2018 **Author:** Shiraz Khan **Content:** London Stansted Airport Limited deserves the sincerest congratulation for gaining planning for the development of phase 2 of London Stansted Airport. The site for this project is London Stansted Airport, Stansted, Essex, CM24 1QW. The [development finance loans](https://www.hankzarihs.com/development-finance/) will make sure that this privately funded brownfield site project is completed within the deadline and without any hassles. [![commercial bridging loan](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-1-300x68.jpg "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) This project will include a new arrivals hall building for Stansted Airport over 3 levels, and it will also feature plans for a larger immigration and baggage reclaim area and a public forecourt. The project will begin in May 2019, and it will be finished in July 2020. The entire development will cover a floor area and a site area of 34384 square meters and 1.81 Ha respectively. The new structures will be erected as high as 3 storeys. The **commercial bridging loan** will help the client with maintaining the financial budget for the project. ## Commercial Bridging Loan London Stansted Airport Limited is the primary client, whereas Manchester Airport Group Plc will be the associated developer. Pascall & Watson Architects has been assigned the role of the primary architecture firm for the development process. Manchester Airport Group Plc will join the project as the lead planning consultants. The client will use development finance loans to stabilize the construction process. Pascall & Watson Architects will offer their consultancy services in the area of sustainability. Steer Davies Gleave and Ramboll Head Office will be the primary transport consultant and flood risk assessment consultant respectively. The investors and developers of this Project can easily take up the fast and credible infrastructure capitals offered by [Hank Zarihs Associates](https://www.hankzarihs.com/). Hank Zarihs Associates always strives to offer its clients necessary financial support for the success of their real estate construction plans. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** commercial bridgning loan, Development Finance, London Stansted Airport, Phase 2 of London Stansted Airport --- ### [The Phase 1,2 and 3 of Fernwood Development Will Cost £220M](https://www.hankzarihs.com/property-market-news-fernwood/) **Published:** September 25, 2018 **Author:** Shiraz Khan **Content:** **Property Market News:** Kudos to David Wilson Homes (North Midlands) Limited for gaining planning for the development of Phase 1,2 and 3 of Fernwood Development at the site North & E/O Fernwood Development, Fernwood, Newark, Nottinghamshire, NG24 3GX. This privately funded project will begin construction in the first quarter of 2019, and finish the construction process in the first quarter of 2032 in a period of 156 months. This will be a completely new build which will be completed successfully with the help of flexible [development finance loans](https://www.hankzarihs.com/development-finance/). ![bridging finance loans](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-1-300x68.jpg "- Bridging and Development Finance Solutions") When completed, the buildings constructed will rise up to 17 storeys, and offer 1050 residential units. This development will feature one, two, three, four and bedroom houses along with a sports pavilion with committee room, changing rooms and kitchen, play area, public open space, access, parking, and landscaping. The client will ensure that all of their ongoing construction projects run smoothly with the help of development finance loans. ## **Property Market News** David Wilson Homes (North Midlands) Limited will fill the role of the primary architecture firm. They will be joined by David Wilson Homes (North Midlands) Limited and Golby & Luck which will act as the lead quantity surveyor and landscape architecture firm for the development respectively. The project manager for the development will be David Wilson Homes (North Midlands) Limited, who has also been assigned the role of the primary contractor for the entire project. The client has decided to opt for the profitable **development finance loans** to help them with financial stability. The investors and developers of the Fernwood Newark Development Project can take up Hank Zarihs Associates easy, quick, and hassle – free infrastructure capitals for making the project a huge success. Hank Zarihs Associates is always ready for serving real estate developers with the right loan featuring high returns. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** Development Finance, Development Finance Loans, Fernwood, property market news --- ### [The Redevelopment of Skipton House Will Cost £500M](https://www.hankzarihs.com/commercial-bridge-loans-skipton/) **Published:** October 2, 2018 **Author:** Shiraz Khan **Content:** Kudos to London & Regional Properties Limited for gaining planning for the redevelopment of 421 apartments and offices at the site Skipton House, 80 London Road, Elephant & Castle, Southwark, London, SE1 6LH. The client will stabilize this privately funded mixed brownfield site project, which will involve the demolition of the existing infrastructure before the construction of a new one. [![commercial bridge loans](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-1-300x68.jpg "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) The client will finish the redevelopment project in the 48 months. The entire development will cover a floor area and a site area of 46500 square meters and 8700 square meters respectively. The 3 new structures will rise as high as 39 storeys. The structures will consist of 421 residential units and offices for the client. 160 one bedroom houses, 216 two bedroom houses, and 45 three bedroom houses will be featured in this development. The development finance loans will also allow public realm improvements, open spaces, cycle links, and “sky gardens” to be developed in the project. ## Commercial Bridge Loans Skidmore Owings & Merrill has been assigned the role of the primary architecture firms for the development process. DP9 Planning Consultants will join the project as the lead planning consultants. Turkington Martin Studio has been chosen as the primary landscape architect. Norman Disney & Young Limited and Arup Head Office will offer their consultancy services in the fields of Mech & Elec engineering and structural engineering respectively. The project manager for the entire process of development will be London & Regional Properties Limited. The easy options of **commercial bridge loan** will ensure that all the processes of construction are finished in time This project could be a high return option for investors and a high end address for future residents. Prospective investors and developers can easily get capital from **HZ Associates** for realizing their goal of infrastructure development as well as getting good returns by investing in this high end project. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Planning News, Projects **Tags:** commercial bridge loans, Development Finance, Development Finance Lenders, property development mortgage --- ### [The Commercial Development at 7 & 8 Wellington Place Is Estimated to Cost £83M](https://www.hankzarihs.com/property-finance-wellington-place/) **Published:** September 28, 2018 **Author:** Shiraz Khan **Content:** Heartiest congratulations to Wellington Place General Partner Limited for gaining planning for the development of commercial units and office space at the site 7 & 8 Wellington Place, Leeds, West Yorkshire, LS1 4AL. This will be a privately funded brownfield site project, which will involve the construction of new infrastructure on a previously empty land. This will be finished without any hindrances with the help of **Property Finance**, **development finance** loans. [![Property Finance](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-300x68.jpg "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) The client will begin the project in the fourth quarter of 2017, and the entire development will be finished in a period of 24 months, in the fourth quarter of 2019. Upon its completion, the project will cover a floor and site area of 37099 square meters and 5.5393 Ha respectively. The newly constructed structure for the development will rise up to 8 storeys high, and 1 storey will also be developed below the ground level. A total of 182 parking spaces will be made available to the residents. The development will also include attractive landscaping, car parking, and open space. The gross retail floor space will cover an area of 2055 square meters. The client will use development finance loan to stabilize and finish their all projects. ## Property Finance News The primary architecture firm for the project will be Sheppard Robson. Savills will join the project as the lead planning consultants. The primary landscape architect for the development will be Gillespies. Gardiner & Theobald has been chosen to serve as the lead quantity surveyor. The primary clients for the development will be Wellington Place General Partner Limited and MEPC. Arup and Curtins Consulting Engineers will offer their consultancy services in the fields of Mech & Elec engineering, structural engineering, and civil engineering respectively. Curtins Consulting Engineers will also offer consultancy for Transport and Flood Risk Assessment. The easy terms of development finance loan will allow the parties to deliver this project within the assigned deadline. Wates Construction Limited will be the primary contractor for the development. Wordsworth Excavations Limited has won the subcontracts for demolition and groundworks. Northfield Construction Limited has also won several subcontracts including civils, floors, foundations, and Landscaping. SES Engineering Services is yet another client which has also won a high number of subcontracts. Moreover, with the infrastructure loans and funds from **HZA**, they can get a higher return on investment. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Projects **Tags:** 7 & 8 Wellington Place, Development Finance, Wellington Place --- ### [The ROM Valley Way Project Estimated to Cost £47.7M](https://www.hankzarihs.com/development-finance-loans-rom-valley/) **Published:** September 21, 2018 **Author:** Shiraz Khan **Content:** Affinity Rom Valley Way Limited deserves a kudos for gaining planning for the development of the 620 apartments and commercial space at the site Rom Valley Way, Romford, Essex, RM7 0AE. This will be a privately funded brownfield site project, which will involve the construction of the new infrastructure on a previously empty land. The easily payable **development finance loans** make it possible for such projects to continue without any hindrances. [![Development Finance](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-300x68.jpg "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) The client will finish the entire development in a period of 24 months, from the first quarter of 2019 to the first quarter of 2021. The entire development will cover a floor area and a site area of 830 square meters and 2.9 Ha respectively. The 7 new structures will consist of 620 residential units for the customers. With the right **development finance** **plans**, 240 one-bedroom, 294 two-bedroom, 83 three-bedroom, and 3 four-bedroom apartments along with commercial floor space with car parking, landscaping and access will be developed for this project. Affinity Rom Valley Way Limited is the primary client and the primary developer for the entire project. Sheppard Robson has been assigned the role of the primary architecture firms for the development process. Savills Plc will join the project as the lead planning consultants. MacFarlane and Associates will act as the lead landscape architect for the development. The primary quantity surveyor for the project will be Gardiner & Theobald Limited Head Office. The consultant group includes Price & Myers, Mayer Brown Limited, and BWB Consulting, which will offer consultancy services in the fields of structural engineering, civil engineering, transport, flood risk assessment, and acoustic consultancy. The [**development** **finance** **loans**](https://www.hankzarihs.com/residential-development-finance-from-the-experts-at-hank-zarihs/) will serve as the backbone for the project’s financial budget while the client focuses on several projects at the same time. The management group includes TPS Consult Head Office as the project manager. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** Development Finance, ROM Valley, ROM Valley Way --- ### [Bridging Watch: Economic Turmoil Proves Beneficial](https://www.hankzarihs.com/bridging-finance-watch-economic-turmoil/) **Published:** September 24, 2018 **Author:** Shiraz Khan **Content:** We all want to know the perfect time to make a profitable investment. Over the course of decades, the investment industry was able to determine a commercially viable relationship between the upheaval in the market industry and profitability of investments. What promises profit and lucrative commercial investment opportunities are times of economic and political uncertainty. ![bridging finance loans](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-1-300x68.jpg "- Bridging and Development Finance Solutions") This is precisely the reason everyone is quite laid back in the current atmosphere. The fiscally solid and financially powerful investors have been quite active following the UK’s exit from the EU, and this gives us peace of mind to deal with today’s tough investment climate. **[Bridging finance](https://www.hankzarihs.com/bridging-finance-watch-economic-turmoil/)** offers more speed and agility in terms acquiring of financial investments, and these things are key elements when turmoil in the industry begins to present once-in-a-lifetime opportunities. These opportunities have already begun to surface. In August, a survey revealed that the annual growth rate in London hit the lowest level since September 2009. Furthermore, the entire UK property market has also hit a dead end, and the transactions also appear to be frozen. If we want to observe the impact of current climate on the economic front, we will find that the growth I June slowed down to 0.1 percent, as compared to 0.3 percent in May. The friction in the industry is gone, and both the consumers and corporations are quite uneasy about the current situation of the industry. There is almost no hope for an uplift in the industry as Brexit negotiations reach their peak. The retail sector is even worse. The disaster at House of Fraser is the most recent image of an area in a condition of unfortunate chaos. The value of the pound has plummeted into the ground, and it will keep on falling as the odds of no-deal Brexit shorten. The devastation of sterling is the perfect example of such a climate. Even though it seems like that the entire industry has come to a halt, the bridging finance sector is perfectly fine. Although a recent data analysis from the Association of Short Term Lenders showed a negligible drop in Q2, annual completions depicted a rise in market activity by 27 percent. This perfectly captures the essence of the resilience of bridging sector in times of uncertainty. According to ASTL chief executive Benson Hersch, the market industry might be in a state of turmoil, but bridging lenders are on their way to prosperity. Bridging sector is also acting as the backbone of the development finance industry. Whether the development is for ground-up, commercial or residential, bridging lenders are always there to stabilize it. The reason behind this stability is that the novice and amateur landlords are bidding farewell to the age-old methods of buy-to-let due to stringent taxation policies. Another key element is that the tenants are now choosing renting over owning. This change has allowed the market to enable the rise of build-to-rent. Another remarkable feature of the current industry is that most of the bridging loans are supporting developments outside the capitol. For the citizens of UK, the areas of Manchester, Bristol, and the home counties have been proving more active during the past few months. We can all agree that London will always be home to specialist **Bridging Finance** **lenders**, but we also have to acknowledge the fact that bridging will play an essential role in the major regional hubs of the entire area. The thirst for a profitable margin will slowly shift the scales in the favor of the rest of the country rather than the capitol. Keeping all this in mind, the year of 2019 will only prove beneficial of bridging sector if awareness is raised regarding the value-add of bridging. Whilst a lot of investors are already familiar with the perks of bridging in today’s climate, many investors are still unaware of the true nature of it. This is what we need to change in 2019. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, News, Planning News **Tags:** Bridging Finance, Bridging Finance Loans, London Bridging Finance, non status bridging loans uk --- ### [The Sainsbury’s Store Project Will Cost £100M](https://www.hankzarihs.com/property-development-finance-news-sainsburys/) **Published:** September 24, 2018 **Author:** Shiraz Khan **Content:** Sainsbury’s Supermarkets Ltd deserves the heartiest congratulations for gaining planning for the development of the 656 flats and 27 houses at the site 55 Roden Street, Ilford, Essex, IG1 2AA. This will be a privately funded brownfield site project, which will involve the demolition of previous property on the land before the construction of the new infrastructure. The easily payable [development finance loans](https://www.hankzarihs.com/development-finance/) make it possible for such projects to be accomplished without any obstacles. ![non status business loans](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-300x68.jpg "- Bridging and Development Finance Solutions") The client will finish the entire development in a period of 48 months. The entire development will cover a floor area and a site area of 21849 square meters and 2.1 Ha respectively. The 2 new structures will consist of 683 residential units for the residents. ## **Property Development Finance News** With the right development finance plans, 334 one-bedroom, 270 two-bedroom, 78 three-bedroom, and 1 four-bedroom apartment will be developed. A total of 410 parking spaces will be offered, and the structures will rise as high as 27 storeys. Unit Architects LLP has been assigned the role of the primary architecture firm for the development process. Turley Associates will join the project as the lead planning consultants. Henry Riley Consulting will act as the primary quantity surveyor for the project. Hoare Lea will offer their M & E consultancy services, while Buro Happold will offer consultancy for structural and civil engineering. The development finance loans will provide the required support as the client focuses on their ongoing projects with ease. Cube Management has been chosen as the project manager for the development. The project’s developers and investors can easily gain access to capital from [Hank Zarihs Associates](https://www.hankzarihs.com/) for making this big infrastructure aim a huge success. Moreover, with funding from Hank Zarihs Associates, they can get a high return on investment for making their infrastructure goal success and obtaining high ROI. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** commercial bridgning loan UK, Development Finance, london property market, property development finance News --- ### [The Principal Place Development Cost £350M](https://www.hankzarihs.com/commercial-loans-provider-principal-place/) **Published:** September 18, 2018 **Author:** Shiraz Khan **Content:** **Commercial Loans Provider:** Congratulations to Multiplex Head Office, that has officially submitted an application for the development of residential units at the site Principal Place, Worship Street/ Norton Folgate, Bowl Court, Plough Hearn Street and Curtain Road, City, London, EC2A 2DU. This project will be mainly privately funded, and it has been categorized as a Brownfield Contract project, which means that it will mainly consist of demolition and construction of infrastructure on the land. The client intends to use **[development finance](https://www.hankzarihs.com/residential-development-finance-from-the-experts-at-hank-zarihs/)** to stabilize their ongoing projects. [![commercial loans provider](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-300x68.jpg "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) The client has gained planning for the development of the residential units. Multiplex Head Office began the project in late August 2014, and they will finish the entire development by January 2019. Upon completion, the development will span over a floor and a site area of 76530 square meters and 1.265 Ha respectively. In a total of 2 new structures, 243 individual residential units will be developed. The structures will rise as high as 51 storeys, and 77 parking spaces will be offered to the residents. The net retail floor space will cover 1471 square meters. The [**Commercial Loans Provider**](https://www.hankzarihs.com/commercial-loans-provider-principal-place) will serve as a backbone for the current construction projects of the client as they ensure a detail and a smooth flow of the construction plans. ## Commercial Loans Provider Ridgeford Developments Limited Developments Limited is the associated developer for the entire project. Foster & Partners and DP9 Planning Consultants will take the roles of the primary architect and the primary planner respectively. AECOM will act as the primary Quantity Surveyor for the entire development of the infrastructure on the land. Hilson Moran Partners Head Office will offer their consultancy services for Mechanical and Electrical engineering. The consultancy for Structural engineering and sustainability will be provided by WSP Parsons Brinckerhoff (Head Office). Second London Wall Project Management will be the project manager for this build/extension. A healthy cash flow will be guaranteed with the help of development finance, and the client will be able to continue the construction without any obstacles. Multiplex Head Office is the primary contractor for the development. T Clarke Group Plc has won the subcontracts for fire protection, heating & ventilation, Mech & electrical services, plumbing, and security. The subcontracts for the door, external walls, and windows belong to Seele UK Limited. BDL Dry Lining has been awarded the subcontracts for wall finishing and interior fitting out. Other subcontract winners include Michael J Lonsdale, Beck & Pollitzer Engineering Limited, GSE Decorating Specialists Limited, Astins Limited and more. The project’s developers and investors can easily avail capital from [**HZA**](https://www.europeanproperty.com/news/5-super-home-improvements-to-build-remodel-value-into-your-property-for-2019/) for making their infrastructure goal success and obtaining high ROI. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** commercial loan providers, commercial loans provider, Development Finance, london property market forecast --- ### [597 Flats Will Be Developed for £90M at The Abbey Retail Park](https://www.hankzarihs.com/bridging-finance-online-abbey/) **Published:** September 19, 2018 **Author:** Shiraz Khan **Content:** **Bridging Finance Online News:** The client has gained planning for the development of 597 flats at the site Abbey Retail Park, Abbey Road, Barking, Essex, IG11 7BT. This privately funded Brownfield Site project will begin with the demolition of the existing infrastructure and end with the development of the residential units. The **development finance** loan will help the client in finishing all their developments in time. [![Bridging Finance Online](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-300x68.jpg "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) The project will begin in March 2018 and finish the construction in March 2021. 2 structures will be developed, consisting of a total of 597 residential units. The structures will rise as high as 15 storeys. 373 one bedroom houses and 224 two bedroom houses will be developed for the project and a total of 73 parking spaces will be provided for the residents. The floor area for the project will be 493 square meters, and the entire site area for the project will be 1.28 Ha. The client will use **Bridging Finance Online** to help keep their ongoing projects steady. The primary architecture firms for the project will be Broadway Malyan Head Office and Iceni Projects Limited. Furthermore, Broadway Malyan will also be the lead landscape architecture firm for the project, and Iceni Project Limited will also serve as the primary planner for the development. The easement in the terms of development finance loans will ensure the smooth flow of the projects. THD Consulting Engineers and Walsh Group will offer their consultancy services in the aspects of Mechanical and Electrical engineering and Structural engineering. The project managers for the entire development will be Be: Here and Philip Pank Partnership Head Office. Demon One Limited has been awarded the subcontract for demolitions. The project’s developers and investors can easily avail capital from **HZA** for making their infrastructure goal success and obtaining high ROI. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** Bridging Finance Online, Development Finance, London Bridging Finance, non status bridging loans uk --- ### [The Chelsea Barracks Phase 4 in Westminster Will | £250M](https://www.hankzarihs.com/property-development-mortgage-chelsea/) **Published:** September 14, 2018 **Author:** Shiraz Khan **Content:** **Property Development Mortgage**: Congratulations to Chelsea Barracks Partnership for gaining planning for the development of Phase 4 of Chelsea Barracks at the site Chelsea Barracks, Chelsea Bridge Road & 107 Pimlico Road, Westminster, London, SW1W 8RF. This will be a privately funded brownfield site project, which will involve the construction of the new infrastructure on a previously empty land. The client intends to make use of [**development finance**](https://www.hankzarihs.com/residential-development-finance-from-the-experts-at-hank-zarihs/) to finish the entire project. [![property development mortgage](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-300x68.jpg "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) The client will begin the project in the first quarter of 2019, and the project will be finished in the third quarter of 2020. With the help of [**Property Development Mortgage**](https://www.hankzarihs.com/property-development-mortgage-chelsea/), the construction will be finished in a period of 18 months. 1 new structure will be erected as high as 5 storeys. The structures will consist of 88 residential units for the customers. The development will also include car parking, gymnasia, sports halls, entertainment centers, and various other business ventures. ## Property Development Mortgage Chelsea Barracks Partnership is the primary client and the primary developer for the entire project, but they will be joined by Qatari Diar, who will act as the associated developer. Eric Parry Architects has been assigned the role of the primary architecture firms for the development process. DP9 Planning Consultants will join the project as the lead planning consultants. Gustafson Porter & Bowman will act as the lead landscape architecture firm for the development, and they will be joined by Arcadis LLP Head Office who will take on the role of the Quantity Surveyor. The development finance will ensure a smooth flow of plan throughout the construction process. Atelier Ten will offer their consultancy services in the fields of Mech & Elec engineering and Horae Lea will also join them for the same services. The project manager for the development will be Turner & Townsend, and the surveyor will be Gordon Ingram Associates. [**HZA**](http://www.talkmarkets.com/member/james-helliwell/blog/guide-to-the-bridging-loan-market-and-how-to-apply-for-bridging-loans?post=198774) is always ready for serving real estate developers with the right loan featuring high returns. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** bridging loan for property development, Development Finance Lenders, property development mortgage, short term bridging loans --- ### [150 Bishopsgate | 284 Units | £500M Project- HZA](https://www.hankzarihs.com/best-bridging-finance-bishopsgate/) **Published:** September 12, 2018 **Author:** Shiraz Khan **Content:** **Best Bridging Finance News**:Congratulations to Stanhope Plc for gaining planning for the development of a beautiful Pan Pacific Hotel at the site 150 Bishopsgate, Staple Hall, 87-90 Hounds, 1-17 Devonshire Row & 77-84 Houndsditch &, City, London, EC2M 4RQ. This will be a privately funded brownfield site project, which will involve the demolition of the existing infrastructure before the construction of a new one. The build will cost £500,000,000 to cover the cost Stanhope will use [**development finance**](https://www.hankzarihs.com/residential-development-finance-from-the-experts-at-hank-zarihs/) to take out their current bridge on the land. [![best bridging finance](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-300x68.jpg "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) The client will begin the project in November 2017. The entire development will cover a floor area and a site area of 97718 square meters and 5000 square meters respectively. 1 new structure will be erected as high as 43 storeys, and 1 level will also be constructed below the ground level. The structures will consist of 284 residential units for the customers. The development will also include car parking, gymnasia, sports halls, entertainment centers, and various other business ventures. Kudos to the client for earning 3 stars rating from Sustainable Homes and an Excellent from BREEAM Rating. Stanhope Plc is the primary client and the primary developer for the entire project, but they will be joined by UOL Group Limited, who will act as the associated developer. ## Best Bridging Finance PLP Architecture and MSMR Architects have been assigned the role of the primary architecture firms for the [**best bridging finance**](https://www.hankzarihs.com/best-bridging-finance-bishopsgate/) development process. DP9 Planning Consultants will join the project as the lead planning consultants. Yabu Pushelberg will act as the lead Interior designer for the development, and they will be joined by Alinea Consulting LLP who will take on the role of the Quantity Surveyor. WSP Parsons Brinckerhoff (Head Office) will offer their consultancy services in the fields of Mech & Elec engineering and structural engineering respectively. The primary Sustainability Consultant will be Eight Associates. The project managers include Arcadis Head Office and Stanhope Plc. The primary contractor for the entire development is Lendlease Construction (EMEA) Limited. Keltbray Limited Head Office is the primarily chosen demolition subcontractor for the development. T Clarke Group Plc has won several subcontracts, including electrical, fire protection, and security. The subcontracts for heating & ventilation, mechanical, and plumbing have been won by GBE Services. The lead foundations and groundworks subcontractor is Expanded Structures Limited. [**HZ ASSOCIATES**](https://axcessnews.com/world/breaking-world/london-property-an-economy-guide-for-investors-looking-into-2019_7739/) is always ready for serving real estate developers with the right loan featuring high returns. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** best bridging finance, bridging finance loans london, bridging loans southampton, london best bridging finance --- ### [Hounslow House | Hounslow | 293 Units Project- HZA](https://www.hankzarihs.com/bridge-lending-hounslow-house/) **Published:** September 10, 2018 **Author:** Shiraz Khan **Content:** **Bridge Lending News:** Heartiest congratulations to Meyer Homes for gaining planning for the development of commercial and residential units at the site Hounslow House, 714-746 London Road, Hounslow, Middlesex, TW3 1PD. This will be a privately funded brownfield site project, which will involve the demolition of the existing infrastructure before the construction of a new one. The estimated cost is £68,000,000, due to the high-cost Meyer Homes will most likely use **[development finance](https://www.hankzarihs.com/residential-development-finance-from-the-experts-at-hank-zarihs/)** to cover the costs which accrue thought out the process. [![bridge lending](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-300x68.jpg "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) The client will begin the project in late March 2018, and the entire development will be finished in a period of 36 months, in late March 2021. Upon its completion, the project will cover a floor and site area of 926 square meters and 1.22 Ha respectively. The newly constructed structures for the redevelopment will rise up to 11 storeys high. The structures will offer a total of 293 residential units for the residents. 279 flats, 14 houses, and commercial floor space will be the main attractions of the redevelopment process. A total of 48 parking spaces will be made available to the residents. The [**Bridge Lending**](https://www.hankzarihs.com/bridge-lending-hounslow-house/) development will also include attractive landscaping, car parking, and open space. Props to the client for securing a “very good” from BREEAM Rating. ## Bridge Lending News The primary architecture firm for the project will be Pollard Thomas & Edwards Architects. Savills will join the project as the lead planning consultants. The primary landscape architect for the development will be Bradley Murphy Design Limited. AECOM has been chosen to serve as the lead quantity surveyor. Environmental Services Design and Icis Design Limited will offer their consultancy services in the fields of Mech & Elec engineering and structural engineering respectively. Icis Design Limited will also assist with the consultancy services for civil engineering. Environmental Services Design is also the lead sustainability consultant. AECOM will also be the project manager for the entire development. Kane Group Building Services is the proud winner of the highest number of subcontracts, including M & E, fire protection, heating & ventilation, plumbing, and security. Errigal Contracts Limited has also secured a significant number of subcontracts, such as ceiling finishing, external walls, interior fitting out, and wall finishing. The lead windows subcontractor is Velfac Limited. The investors and developers of this project can take up HZA’s easy, quick, and hassle – free infrastructure capitals for making the project a huge success that can be cherished for years to come. [**HZA**](https://moneyhighstreet.com/risk-losing-your-property-deposit/) is always ready for serving real estate developers with the right loan featuring high returns. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** Bridge Lending, bridging loan for property development, property bridging loan, short term bridging loans --- ### [The Redevelopment of George H Carnall Leisure Centre Will Cost £35M](https://www.hankzarihs.com/commercial-property-loan-carnall-project/) **Published:** October 22, 2018 **Author:** Shiraz Khan **Content:** **Commercial Property Loan News:-** Manchester Giants deserves praise for gaining planning for the redevelopment of the George H Carnall leisure center, a new health center, 60 affordable homes for key workers including nurses, social workers, teachers, and police officers and a new 2,000 capacity arena for the Manchester Giants basketball team. The chosen site for the project is George H Carnall Leisure Centre, Kingsway Park, Urmston, Manchester, Greater Manchester, M41 7FJ. The client will stabilize their financial budget with the help of [commercial property loans](https://www.hankzarihs.com/residential-development-finance-from-the-experts-at-hank-zarihs/). The project will begin in the first quarter of 2019. The total number of units offered will be 60. The development will also feature canteens, kitchens, surface car parking, and decorative landscaping. The primary clients for the development are Manchester Giants and Equity Solutions & Partners Limited. The **commercial property loan will help the client in finishing the projects on time. The site owner is Trafford Metropolitan Borough Council. Trafford Metropolitan Borough Council and Equity Solutions & Partners Limited will also serve as the primary project managers for the entire development. [**Read More…**](https://www.merchantcircle.com/blogs/firespin-new-york-ny/2018/11/Bridge-Loans-An-Effective-Tool-For-Selling-in-Slow-Market/1589800) - ![commercial property loan](https://www.hankzarihs.com/wp-content/uploads/2018/11/2-6.jpg "- Bridging and Development Finance Solutions")Senior Debt Facility ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Planning News **Tags:** cheap bridging loans, Commercial property loan, Development Finance, property developer finance --- ### [The Upper and Lower Foster Masterplanning Will Cost £52M](https://www.hankzarihs.com/construction-finance-loans-foster-project/) **Published:** October 18, 2018 **Author:** Shiraz Khan **Content:** **Construction Finance Loans News**:Congratulations to London Borough of Barnet for gaining planning for the regeneration of Upper and Lower Fosters Estate at Upper & Lower Foster Estates, Hendon, London, NW4 2DN. With the help of [**development** **finance**](https://www.hankzarihs.com/residential-development-finance-from-the-experts-at-hank-zarihs/) loans, the client will finish this mixed funded project on time. [![construction finance loans](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-300x68.jpg "construction finance loans - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## Construction Finance Loans The regeneration provides an exciting opportunity in a town center setting to provide a new high-quality development and deliver significant local environmental and economic benefits. The total number of residential units will be 200. Allies & Morrison Urban Practitioners will serve as the primary architecture firm for the development. London Borough of Barnet will be the primary project manager. With the help of easily payable **construction finance** **loans**, the client will refurbish the existing infrastructure on the land, and develop new structures for the residents. This regeneration will follow the rules of co-design, and the Master planning will involve estate residents, neighbors, and the wider community to offer input on the new designs. The investors and developers of the Project can easily take up the fast and credible infrastructure capitals offered by HZA. [**HZA**](https://www.finance-monthly.com/2018/11/development-finance-is-the-biggest-hitch-for-building-boom/) always strives to offer its clients necessary financial support for the success of their real estate construction plans. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** Development Finance --- ### [The Kingsmere Phase 2 Will Cost £24.7M – HANK ZARIHS ASSOCIATES](https://www.hankzarihs.com/online-loans-kingsmere/) **Published:** October 30, 2018 **Author:** Shiraz Khan **Content:** **Online Loans News**:- CALA Homes Midlands Limited has earned a well-deserved praise for gaining planning for the construction of 247 houses with parking, access, and landscaping. This is a privately funded brownfield site project. The council for this project is Cherwell. The chosen site for the project is Bicester Parcel 7849 N/O Whitelands Farm Ad, Adjoining Middleton Stoney Road, Bicester, Oxfordshire, OX26 1RT. [![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) The client intends to take help of [development finance loans](https://www.hankzarihs.com/development-finance/), which will allow the client to finish this development within the allotted deadline. The project will begin in the first quarter of 2019, and the entire development will feature a total of 247 new units for phase 2. ## Online Loans by Hank Zarihs Associates We At [**Hank Zarihs Associates**](https://www.hankzarihs.com/) helps in your development finance loans that automatically helps the client in his financial conditions, and they will ensure a smooth flow of their construction processes. CALA Homes Midlands Limited will also fill the roles of the primary project manager and contractor for the development process. The project’s developers and investors can easily gain access to capital from HZA for making this big infrastructure aim a huge success. Moreover, with funding from HZA, they can get a high return on investment. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News **Tags:** Development Finance, property development finance, property development loans, quick bridging loans, refurbishment finance --- ### [The Development of 138 Units at Stonehouse Will Cost £13.8M](https://www.hankzarihs.com/the-development-of-138-units-at-stonehouse-will-cost-13-8m/) **Published:** October 31, 2018 **Author:** Shiraz Khan **Content:** **David Wilson Homes South West deserves** a sincerest **congratulation for gaining planning for the Construction of 6 one bedroom, 26 two-bedroom, 56 three-bedroom, 46 four-bedroom and 4 five-bedroom houses with access, parking and landscaping at Parcel H1 – H4, W/O Stonehouse Grove Lane, Westend, Stonehouse, Gloucestershire, GL10 3SL. The development finance loans will ensure that this privately funded brownfield site project is completed within the allotted financial budget.** The project will begin in late November 2018, and it will be finished in late November 2020. The entire development will take place in a duration of 24 months. The [**development** **finance** **loans**](https://www.hankzarihs.com/development-finance/) will enable the client to carry out the construction process as planned. 6 one bedroom, 26 two-bedroom, 56 three-bedroom, 46 four-bedroom and 4 five-bedroom houses will be featured in this development. Pegasus Planning Group has been assigned the role of the primary architecture firm and the primary planner for the development process. The client will use **development** **finance** **loans** to stabilize the construction process. Golby & Luck will serve as the lead landscape architecture firm. The Engineering Studio will offer their consultancy services in the area of civil engineering. David Wilson Homes South West will serve as the project manager for the entire construction process, and they have also been chosen as the primary contractor for the development. Funding required for such projects can be availed by infrastructure developers from **HZ Associates** at reasonable terms. **Read More**.. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News **Tags:** Development Finance --- ### [The Retirement Residential Development in Guildford Will Cost £30M](https://www.hankzarihs.com/residential-development-finance-guildford/) **Published:** October 26, 2018 **Author:** Shiraz Khan **Content:** Residential Development Finance News: Cheers to Pegasus Life Limited for gaining planning for the construction of retirement residential property at Guildford Plaza, Former Burymead House, Portsmouth Road, Guildford, Surrey, GU2 4AN. With the help of [development finance](https://www.finance-monthly.com/2018/11/development-finance-is-the-biggest-hitch-for-building-boom/) loans, the client will easily develop retirement residential property with leisure facilities such as lounges, guest suites, health facilities. The scheme includes a restaurant, offices, storage. Works will also include surface and basement parking, access and landscaping. The total site and floor area covered by this development will be 3700 square meters and 13740 square meters. 1 structure, consisting of 104 units, will be erected as high as 7 storeys. 21 one bed houses, 72 two bed houses, and 11 three bed houses will be featured in this development. The project will also offer of the total of 92 parking spaces. Design Engine Architects Limited and Morris and Company Limited will serve as the primary architecture firms for the development. The lead planner for the development will be Barton Willmore. Camlins has been chosen as the lead landscape architect for the development. Waterman Building Services Limited will offer their consultancy services in the fields of Mech & Elec engineering and energy. Buro Happold will serve as the primary consultant for structural engineering, sustainability, flood risk assessment, acoustic, and fire engineering. With the help of easily payable [**residential development finance**](https://www.hankzarihs.com) loans, the client will be able to finish this development in 60 months. The investors and developers of the **Guildford Retirement Plaza Project** Project can easily take up the fast and credible infrastructure capitals offered by HZA. [**HZ Associates**](https://realtytimes.com/agentnews/advicefromagents/item/1015927-building-a-luxury-home-4-essential-tips-every-buyer-needs-to-know?) always strives to offer its clients necessary financial support for the success of their real estate construction plans. For More Information Please Visit our website today!! You can also check our more blogs posts. [Click Here](https://www.thehouseshop.com/property-blog/making-your-property-more-saleable-with-unique-features/18627) - ![residential development finance](https://www.hankzarihs.com/wp-content/uploads/2018/11/STRETCHED-SENIOR-DEBT-1.jpg "- Bridging and Development Finance Solutions")Instant Bridging Finance ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News **Tags:** Development Finance --- ### [Commercial Lending to SMEs under regulatory spotlight](https://www.hankzarihs.com/commercial-lending-smes/) **Published:** October 26, 2018 **Author:** Shiraz Khan **Content:** [Commercial lending](https://www.hankzarihs.com/commercial-lending-smes/) to SMEs looks set to be regulated following a damming treasury select committee report about the behaviour of certain banks. The Royal Bank of Scotland’s global restructuring group, GRG’s behaviour to customers is described as “scandalous” by the committee. ![commercial lending](https://www.telegraph.co.uk/content/dam/business/2018/10/26/TELEMMGLPICT000177638419_trans_NvBQzQNjv4BqDKGDQpemwFDOZcDYGh2bvgabHNDKKjNFhT9njmcUO7U.jpeg?imwidth=450) GRG is criticised for wanting to generate income rather than helping businesses in trouble. “**The actions of GRG staff heaped untold misery on hard-working business owners, recklessly destroying livelihoods in pursuit of profit,” concluded the committee.** **It referred to the notorious internal ‘Just Hit Budget’ memo written in 2009 about tactics to generate income including focusing on “time consuming but remunerative basket cases.”** Commercial Lending: The Financial Conduct Authority, FCA, also came under censure for the time it took to investigate events. The committee concluded the FCA lacked the regulatory power to impose effective sanctions on lenders such as fines. It wants a Financial Services Tribunal to be created to enhance SMEs ‘ legal rights and for the current Financial Services and Market Act to be amended to make this happen. The[ British Chamber of Commerce’s](https://www.britishchambers.org.uk/) economics and business finance head, Suren Thiru told the committee: “Issues around trust are feeding into what is commonly called discouraged demand. Businesses are not going for finance in the first place because there are issues around trust. Some are lingering from the financial crisis.” The committee pledged to restore trust to enable the SME sector “to be an even greater growth engine” for the economy. It noted demand for external finance remained subdued compared with previous years, according to SME Finance Monitor data. In 2017, 38 per cent of SMEs used external finance, showing little change from the 37 per cent that used it in 2014, 2015 and 2016. The committee pointed out that this was some way below the 44 per cent seen in 2012. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, News, Uncategorized **Tags:** Commercial Lending --- ### [The Construction of 60 Houses at Manor Place, Southwark Will Cost £6M](https://www.hankzarihs.com/property-development-finance-southwark/) **Published:** October 25, 2018 **Author:** Shiraz Khan **Content:** London Borough of Southwark deserves well earned praise for gaining planning for the redevelopment of Manor Place to include 56 residential units (19 social, 9 intermediate and 28 private), a 757sqm Health Centre, 70sqm pharmacy, 261qm cafe and 45sqm retail unit in a part 3, part 4 and part 5 & part 6 storey block. The chosen site for the project is former shops & Council offices, Manor Place/ Stopford Road, Walworth, London, SE17 3PB. With the help of property [development lenders](https://www.hankzarihs.com/development-finance/) loans, the client will stabilize the project’s financial budget. The council for this project is Southwark. The project will begin in November 2018, and the development will be finished in October 2020. The client will finish the development in 23 months. The total floor area will be 1133 square meters, and the total number of units will be 56. The primary architecture firm for the entire development will be Benedetti Architects. The lead quantity surveyor for the project will be London Borough of Southwark. London Borough of Southwark will also serve as the project manager for the development. The primary consulting engineers for the Mech & Elec engineering fields will be SGA Consulting Limited and Calford Seaden LLP. The primary consultant for structural engineering will be Heyne Tillett Steel, and the lead consultant for civil engineering will be Sanderson Associates. EB7 Limited will fill the role of the primary sustainability consultant. The primary transport consultant will be Sanderson Associates. The client will take help from the property development finance loans to ensure a smooth flow of redevelopment processes. The investors and developers of the Manor Place Redevelopment Project can take up HZA’s easy, quick, and hassle – free infrastructure capitals for making the project a huge success that can be cherished for years to come. HZ Associates is always ready for serving real estate developers with the right loan featuring high returns. - ![property development finance](https://www.hankzarihs.com/wp-content/uploads/2018/11/1-5.jpg "- Bridging and Development Finance Solutions")Development Finance ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Planning News **Tags:** Development Finance, property development finance, property development loans --- ### [The Mixed Use Development at Shoe Quarter Will Cost £100M](https://www.hankzarihs.com/property-development-finance-shoe-quarter/) **Published:** October 25, 2018 **Author:** Shiraz Khan **Content:** **Commercial Property Loans News**: Cheers to Architekton for gaining planning for the mixed-use development comprising of housing, commercial and business units with associated access, parking, and landscaping at Duke Street, Norwich, Norfolk, NR3 3AP. With the help of **[property development finance](https://www.hankzarihs.com/our-finance/)** loans, the client will easily develop the mixed-use units in time. [![commercial property loans](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-300x68.jpg "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## Commercial Property Loans The total site area covered by this development will be 2 Ha. A total of 30 new units will be developed for this project. The project will begin in September 2019. This is a privately funded brownfield site project, and the primary council for the development is Broads National Park. Architekton has been chosen to fill the role of the primary architecture firm. Architekton will also serve as the primary project manager for the mixed-use development. Robinson Low Francis Head Office will act as the lead CDM Coordinator for the entire project. With the help of easily payable property **[Commercial Property Loans](http://www.stockhouse.com/blogs/uk-real-estate-blog/november-2018/short-guide-to-buying-property-in-the-uk)**, the client will be able to finish all their construction projects within the allotted deadlines and financial budget. The developers and investors of this big project can avail easy and hassle-free capital from [HZA](https://www.hankzarihs.com/our-finance/) for making their infrastructure goal a hugesuccess. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Planning News **Tags:** Development Finance, property development finance, property development loans --- ### [The Field Street Project for 72 Houses Will Cost £7.2M](https://www.hankzarihs.com/commercial-property-finance-field-street/) **Published:** October 24, 2018 **Author:** Shiraz Khan **Content:** **Cheers to Adactus Housing Association Limited for gaining planning for the construction of brand new 72 residential houses at Field Street & Hey Street, Wigan, Lancashire, WN6 7DS. With the help of [commercial property finance ](https://www.hankzarihs.com/refurbishment-finance-cleeve-court/)loans, the client will easily develop the new houses.** The total site area covered by this development will be 1.35 Ha. A total of 72 new houses will be developed for this project. 10 one bed houses, 40 two bed houses, and 22 three bed houses will be featured in this development. The project will also offer of total of 90 parking spaces. Eden Building Design will serve as the primary architecture firm for the development. The lead planner for the development will be PWA Planning. Scott Hughes Design will offer their consultancy services in the fields of civil engineering and flood risk assessment. The role of primary transport consultant will be filled by DTPC (Northwest) LLP. With the help of easily payable [**development finance**](https://realtytimes.com/agentnews/advicefromagents/item/1015927-building-a-luxury-home-4-essential-tips-every-buyer-needs-to-know) loans, the client will be able to finish all their construction projects without any financial troubles. The investors and developers of the Field Street Project can easily take up the fast and credible infrastructure capitals offered by **[HZA](https://www.hankzarihs.com/contact-us/)**. HZA always strives to offer its clients necessary financial support for the success of their real estate construction plans. - ![commercial property finance](https://www.hankzarihs.com/wp-content/uploads/2018/11/1.jpg "- Bridging and Development Finance Solutions")The Stonelea & Thornebury Development ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Planning News **Tags:** Development Finance, Fast Commercial Bridging Loans --- ### [The Walker Primary School Program Will Cost an Estimated £5M](https://www.hankzarihs.com/residential-bridge-loan-walker-school/) **Published:** October 23, 2018 **Author:** Shiraz Khan **Content:** **The Department for Education deserves well-earned praise for gaining planning for the redevelopment of school premises to provide improved teaching facilities at Walker Primary School, The Green, Waterfall Road, Southgate, London, N14 7EG. With the help of [residential bridge loan](https://www.hankzarihs.com/residential-development-finance-from-the-experts-at-hank-zarihs/) development finance loans, the client will stabilize this Government funded pipeline projects.** The council for this project is Enfield. The primary client for the project is the Department for Education, and the associated developer is Education and Skills Funding Agency. The primary architecture firm for the entire development will be JM Architects. The lead planner for the project will be Nicholas Taylor & Associates. The primary consulting engineer for the redevelopment process will be Waterman Group Consulting Engineers. Aecom Head Office will join them as lead consultants for flood risk assessment and acoustic. Turner & Townsend Head Office has been chosen as the primary project manager for the redevelopment process. The client will take help from the [**development finance**](https://www.europeanproperty.com/news/5-super-home-improvements-to-build-remodel-value-into-your-property-for-2019/) loans to ensure a smooth flow of construction processes. The investors and developers of the project can benefit profoundly from the real estate capitals offered by HZA. **[HZA](https://www.hankzarihs.com/contact-us/)** works with the motive to ensure project success through its easy loan policies. - ![residential bridge loan](https://www.hankzarihs.com/wp-content/uploads/2018/11/1-6.jpg "- Bridging and Development Finance Solutions")Development Finance with Bluecroft Properties ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Planning News **Tags:** Development Finance --- ### [The Webbs Industrial Estate Project for Mixed Development Will Cost £25M](https://www.hankzarihs.com/property-development-funding-webbs/) **Published:** October 23, 2018 **Author:** Shiraz Khan **Content:** **Greater London Authority deserves our sincerest congratulation for gaining planning for the development of 330 residential units with commercial units, landscaping, access** and **parking at Webbs Industrial Estate, Forest Works Site, 112 Blackhorse Lane, Walthamstow, London, E17 6SH. With the help of [property development funding](https://www.hankzarihs.com/residential-development-finance-from-the-experts-at-hank-zarihs/) loans, the client will be able to focus on their ongoing projects without financial obstacles.** The client will finish this development in 36 months. 330 new residential units will be erected with the help of [**development finance**](https://www.homesgofast.com/Home-and-Decor/uk/blog/increasing-your-property-saleability-with-design-features) loans. Greater London Authority is one of the primary clients, and the rest of the primary clients include London Borough of Waltham Forest, Swan Housing Group, and Catalyst Housing Group (Head Office). The primary architecture firm for the development will be CF Moller Architects. They will be joined by HGH Consulting, who will serve as the lead planner. The lead quantity surveyor will be London Borough of Waltham Forest. London Borough of Waltham Forest has also been chosen to serve as the project manager for the entire process. The investors and developers of the Webbs Industrial Estate Project can easily take up the fast and credible infrastructure capitals offered by HZA. [**HZA**](http://www.talkmarkets.com/member/james-helliwell/blog/guide-to-the-bridging-loan-market-and-how-to-apply-for-bridging-loans?post=198774) always strives to offer its clients necessary financial support for the success of their real estate construction plans. - ![property development funding](https://www.hankzarihs.com/wp-content/uploads/2018/11/2.jpg "- Bridging and Development Finance Solutions")Development Finance ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Planning News **Tags:** Bridging Finance, Development Finance, property developer finance --- ### [The Knoll House Studland Bay Project for Hotel & 60 Apartments Will Cost £10M](https://www.hankzarihs.com/quick-bridging-loans-knoll-house/) **Published:** October 23, 2018 **Author:** Shiraz Khan **Content:** Our sincerest congratulation to Kingfisher Resorts Studland Limited for gaining planning for the development of 60 apartments and 30 hotel beds at Knoll House Hotel, Ferry Road, Poole, Dorset, BH19 3AH. With the help of **[quick bridging loans](https://www.hankzarihs.com/)**, the client will develop the infrastructure without worrying about the financial budget. The client will begin construction in the first quarter of 2020 and finish the development in the first quarter of 2022. The total time period taken will be 24 months. 1 new structure will be erected with the easily payable [**development finance**](https://axcessnews.com/world/breaking-world/london-property-an-economy-guide-for-investors-looking-into-2019_7739/) loans. The new structure will consist of 60 residential apartments and 30 hotel beds. Canteens, kitchens, and other associated works will also be featured in this development. The primary clients for the development are Kingfisher Resorts Studland Limited and Armstrong Energy. Rapleys will serve as the primary planner, whereas the preferred bidder for now is St James Construction. [HZA](https://www.europeanproperty.com/news/5-super-home-improvements-to-build-remodel-value-into-your-property-for-2019/) always strives to offer its clients necessary financial support for the success of their real estate construction plans. - ![quick bridging loans](https://www.hankzarihs.com/wp-content/uploads/2018/11/2-1.jpg "- Bridging and Development Finance Solutions")bridging loan brokers ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Planning News **Tags:** Bridging Finance London, Development Finance, quick bridging loans, refurbishment loans --- ### [The North Cheshire Garden Village Development Will Cost £300M](https://www.hankzarihs.com/the-north-cheshire-garden-village-development-cost-300m/) **Published:** October 17, 2018 **Author:** Shiraz Khan **Content:** **Development Finance News**: Cheshire East Council has earned our heartiest congratulation for gaining planning for the construction of 1,500 homes, starter homes, primary school, sports facilities with grass, 3g pitches, village hall and public open space. The chosen site for the project is Handforth Garden Village, A55, A34, Blossoms Lane, Handforth, Wilmslow, Cheshire, SK9 3PE. The client intends to take help of [**development** **finance**](https://www.hankzarihs.com/the-north-cheshire-garden-village-development-cost-300m/) loans, which will allow the client to finish their current construction projects within the allotted deadline. 29.6 acres of employment land will also be featured in this development. The site area will spread over 102 Ha, and the total number of residential units will be 1,500. Cheshire East Council will also serve as the primary planner for the entire development process. The **development finance** loans will help the client with running the construction process smoothly. The project manager will be East Cheshire Engine of the North Limited. The investors and developers of the ANTHOLOGY HALE DEVELOPMENT Project can easily take up the fast and credible infrastructure capitals offered by HZA. **[HZA](https://www.thehouseshop.com/property-blog/making-your-property-more-saleable-with-unique-features/18627)** always strives to offer its clients necessary financial support for the success of their real estate construction plans. For More Blog Posts **[Visit Our website](https://www.hankzarihs.com)** Today!! ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** Development Finance --- ### [The Hudson Square Project Will Cost £100M](https://www.hankzarihs.com/construction-loans-hudson-square-project/) **Published:** October 19, 2018 **Author:** Shiraz Khan **Content:** **Construction Loans News:** Reef Estates Limited has earned our heartiest congratulation for gaining planning for the construction of Retail units, restaurants, public square, offices, car showcase, hotel, student accommodation, apartments, cinema, gym, spa and innovation hub with associated access, parking and landscaping. The chosen site for the project is Larch Drive, Chiswick, London, W4 5QL. The client intends to take help of **construction** **finance** loans, which will allow the client to finish their current construction projects without having to worry about the financial challenges. The project will begin in September 2019. Upon completion, the entire site area will cover 1.6 Ha, and the structures will rise as high as 24 storeys. Reef Estates Limited will also serve as the primary quantity surveyor for the entire development process. The primary architect for the entire procedure will be Benoy Limited. The Construction Loans will allow the clients to run their entire development processes smoothly. The project manager will be Reef Estates Limited. The developers and investors of this big project can avail easy and hassle-free capital from **HZA** for making their infrastructure goal a huge success. For more blog posts: **Click here** - ![construction loans](https://www.hankzarihs.com/wp-content/uploads/2018/11/2-5.jpg "- Bridging and Development Finance Solutions") ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Planning News, Projects **Tags:** commercial mortgage broker, Commercial property loan, construction loans, Development Finance, property developer finance --- ### [The Off Abbotts Lane Coventry Project Will Cost £100M](https://www.hankzarihs.com/bridging-loans-london-lane-coventry/) **Published:** October 18, 2018 **Author:** Shiraz Khan **Content:** **Bridging Loans London**: Complex Development Projects Limited has earned our heartiest congratulation for gaining planning for the construction of 700 new homes including a central landscape feature which opens the Radford Brook as a linear park. The chosen site for the project is Off Abbotts Lane, Coventry, West Midlands, CV1 4AZ. The client will take financial help of **development** **finance** loans, which will allow the client to simultaneously dedicate their resources to all the ongoing construction projects. The project will begin in the third quarter of 2019. The total number of units offered to the residents will be 700 new homes. The development will also feature surface car parking, commercial access & estate roads, and decorative landscaping. The primary client for the development is Complex Development Projects Limited. The **[bridging loans london](https://www.hankzarihs.com/bridging-loans-london-lane-coventry/)** will help the client with maintaining a smooth flow of the development process. Curtins Consulting Engineers will offer their consultancy services in the fields of structural engineering, civil engineering, transport consultancy, and flood risk assessment. - ![bridging loans london](https://www.hankzarihs.com/wp-content/uploads/2018/11/Angel-Meadows.jpg "Commercial property finance - Bridging and Development Finance Solutions")property refurbishment loans ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, News, Planning News, Projects **Tags:** bridging loans london, Development Finance, property auction finance, property development funding --- ### [The Quayside West Development Homes Cost £250M](https://www.hankzarihs.com/bridging-finance-loans-quayside-west/) **Published:** October 16, 2018 **Author:** Shiraz Khan **Content:** **Bridging Finance Loans News: Our sincerest congratulation to Newby Homes for gaining planning for the development of 1500 new homes, leisure and commercial space at Former Calder’s site, Skinner burn Road, Newcastle Upon Tyne, Tyne and Wear, NE1 3RH. With the help of [development finance](https://www.hankzarihs.com/residential-development-finance-from-the-experts-at-hank-zarihs/) loans, the client will focus on all their ongoing projects without any interruptions.** [![bridging finance loans](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-1-300x68.jpg "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## **Bridging Finance Loans** The client will begin construction in the third quarter of 2019. The overall floor area would be 110000 square meters. 15 new structure will be erected with the help of **bridging finance loans**. These structures will rise as high as 19 storeys, and will feature 1500 residential units. Faulkner Browns will be the primary architect for the development. The investors and developers of this project can easily avail fast and hassle-free capital from [**HZ Associates**](http://www.stockhouse.com/blogs/uk-real-estate-blog/november-2018/short-guide-to-buying-property-in-the-uk) to make this real estate construction a huge success. Moreover, with the infrastructure loans and funds from HZA, they can get a higher return on investment. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News **Tags:** Bridging Finance Loans, Development Finance, equity financing, Fast Commercial Bridging Loans --- ### [The Northwards Housing Maintenance and Repair Cost £250K](https://www.hankzarihs.com/property-development-loans-northwards/) **Published:** October 15, 2018 **Author:** Shiraz Khan **Content:** **Property Development Loans News: Our sincerest congratulation to Northwards Housing for gaining planning for the maintenance and repairing of 1000 units at Various Locations Throughout Manchester, Manchester, Greater Manchester, M9. With the help of [development finance](https://www.hankzarihs.com/residential-development-finance-from-the-experts-at-hank-zarihs/) loans, the client will focus on all their ongoing projects simultaneously.** [![property development loans](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-1-300x68.jpg "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## **Property Development Loans** The client will finish the repairing process in a total of 60 months. They have won the contract for the maintenance and repairs to solar panels and associated equipment attached to Northward Homes owned properties throughout Greater Manchester. Northwards Housing has invested in renewable energy by installing solar panel kits in approximately 1,000 houses as well as 21 blocks of flats and 2 offices. The investors and developers of this Project can easily avail fast and hassle-free capital from HZA to make this real estate construction a huge success. Moreover, with the infrastructure loans and funds from [**HZA**](http://www.talkmarkets.com/member/james-helliwell/blog/guide-to-the-bridging-loan-market-and-how-to-apply-for-bridging-loans?post=198774), they can get a higher return on investment. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** Development Finance, property development loans, The Northwards Housing, The Northwards Housing Maintenance and Repair --- ### [The Tolworth Tower Redevelopment Is Estimated to Cost £300M](https://www.hankzarihs.com/non-status-bridging-finance-tolworth-tower/) **Published:** October 12, 2018 **Author:** Shiraz Khan **Content:** Heartiest congratulations to The Royal Borough of Kingston upon the Thames for gaining planning for the mixed redevelopment of residential and commercial units and office space at the site Tolworth Broadway, Surbiton, Surrey, KT6 7EL. This will be a privately funded brownfield site project, which will involve the construction of new infrastructure after the demolition or refurbishment of the previous infrastructure. The client aims to finish the redevelopment within the deadline without any hindrances with the help of **[Non Status Bridging Finance](https://www.hankzarihs.com/non-status-bridging-finance-tolworth-tower/)** loans. [![non status bridging finance](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-300x68.jpg "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) Upon its completion, the project will cover a floor and site area of 10860 square meters and 1.4 Ha respectively. The newly constructed 3 structures for the redevelopment will rise up to 23 storeys high, and 1 storey will also be developed below the ground level. A total of 547 parking spaces will be made available to the residents. The development will also include a sky lounge, outdoor terrace, pocket park, gym, business center and parking. The client will use development finance loan to stabilize their construction processes. ## Non Status Bridging Finance 368 residential units, 68 refurbished apartments, and 10 starter homes apartments will be developed during the redevelopment project. Kudos to the client for earning 4 stars from Sustainable homes, and an “Excellent” BREEAM Rating. The primary architecture firms for the project will be CJCT Architects and Create Design Limited. Indigo Planning Limited will join the project as the lead planning consultants. The primary landscape architect for the development will be Fabrik. RPS Planning & Development will offer their consultancy services in the field of civil engineering. The primary sustainability consultant will be Cudd Bentley Partnership Limited. The easily payable and flexible terms of development finance loan will allow the client to redevelop this project within the allotted deadline. The project’s developers and investors can easily avail capital from **HZA** for making their infrastructure goal success and obtaining high ROI. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** Development Finance, Tolworth Tower, Tolworth Tower Redevelopment --- ### [The Victoria Square Redevelopment Will Cost £460M](https://www.hankzarihs.com/commercial-bridge-loan-victoria-square/) **Published:** October 12, 2018 **Author:** Shiraz Khan **Content:** **Commercial Bridge Loan:** Bandstand Square Developments Limited deserves the sincerest congratulation for gaining planning for the redevelopment of the flats, restaurants, and retail units. The site for this project is Victoria Square, Bandstand Square, Woking, Surrey, GU21 6GQ. The **[development finance](https://www.hankzarihs.com/residential-development-finance-from-the-experts-at-hank-zarihs/)** loans will ensure that this privately funded brownfield site project is completed within the deadline. [![commercial bridge loan](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-300x68.jpg "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) This project will include the redevelopment of the existing infrastructure at Victoria Square. The project will begin in September 2017, and it will be finished in September 2020. The entire development will cover a floor area and a site area of 30940 square meters and 3.79 Ha respectively. The 4 refurbished structures will be erected as high as 34 storeys, whereas 1 storey will also be developed underground. A total of 380 parking spaces will be featured in this redevelopment. The development finance loans will enable the client to carry out the construction process smoothly. 201 one bedroom houses, 184 two bedroom houses, and 190 hotel beds will be featured in this development. ## Commercial Bridge Loan News Associated developers include Woking Borough Council, Marks & Spencer Plc Head Office, Moyallen (Woking) Limited, and Surrey County Council. Benoy Limited has been assigned the role of the primary architecture firm for the development process. Turley Associates will join the project as the lead planning consultants. The client will use development finance loans to stabilize the redevelopment process. Gillespies Head Office will serve as the lead landscape architecture firm. Hoare Lea will offer their consultancy services in the area of sustainability, and Mech & Elec engineering. IG Doran & Partners will be the primary structural engineering consultant. Gardiner & Theobald Limited Head Office will serve as the project manager for the entire redevelopment process. Sir Robert McAlpine Limited Head Office is the primary contractor, while Hillstreet Construction Limited has also won a substantial amount of subcontracts. The investors and developers of the Victoria Square Redevelopment Project can easily avail fast and hassle-free capital from [**HZ Associates**](http://www.talkmarkets.com/member/james-helliwell/blog/guide-to-the-bridging-loan-market-and-how-to-apply-for-bridging-loans?post=198774) to make this real estate construction a huge success. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** commercial bridge loan, Development Finance, property development finance lenders, Victoria Square Redevelopment --- ### [Breaking News: The Circle Square project in MCR Has Received the Go Ahead](https://www.hankzarihs.com/property-development-finance-mcr/) **Published:** November 20, 2018 **Author:** Shiraz Khan **Content:** [Bruntwood Estates Limited](https://bruntwood.co.uk/) deserves our sincerest congratulation for gaining planning for the development of a 17 storey building to provide 70 one-bedroom, 168 two-bedroom, 28 three flats and commercial space to provide shops, restaurant, lift, bar and office with associated landscaping. This will serve as the block 7 & 8 for the existing development in the area. The chosen site is former Bbc Site, New Broadcasting House, Oxford Road, Manchester, Greater Manchester, M60 7HB. With the help of [**property development finance**](https://www.hankzarihs.com/development-finance/) loans, the client will be able to finish this development in **£22.3M**. The client will finish this development in 30 months. The project will begin in January 2018, and it will be finished in July 2020. 1 new structure, comprising 266 new residential units will be erected with the help of **property** **development finance** loans. The structure will rise up to 17 storeys high. 70 one bed houses, 168 two bed houses, and 28 three bed houses will be developed. The floor and the site area for the project will cover an area of 1628 square meters and 3877 square meters respectively. Primary architecture firm for the development will be Feilden Clegg Bradley Architects. They will be joined by Deloitte Real Estate, who will serve as the lead planner. Planit IE will serve as the lead landscape architect. The overall project manager for the development will be [Bruntwood Estates Limited](https://bruntwood.co.uk/). The consultant group includes Crookes Walker Consulting, Sustainable Assessments Limited and Curtins Consulting Limited. The contractors include John Sisk & Son Limited, FK Group, NG Bailey & Company Limited, and MPB Structures Limited. Funding required for such projects can be availed by infrastructure developers from various associations at reasonable terms. The project’s developers and investors can easily avail capital from **HZ Associates** for making their infrastructure goal success and obtaining high ROI. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News **Tags:** property development finance, Property Development Loan, Property Development Loan Uk --- ### [Property Development Boom in South West- Councils’ Merger Signals](https://www.hankzarihs.com/property-development-boom-south-west/) **Published:** November 20, 2018 **Author:** Shiraz Khan **Content:** Dorset hopes to compete with Bristol and Southampton on business or Property Development terms by combining three of its borough councils next April. The future merger of Bournemouth, Christchurch and Poole councils into a single unitary authority known as ‘Urban Dorset’. They could create a flourishing economy, according to research by Savills. ## Residential Property Development Hotspot Research analyst Lucy Greenwood said:” We expect Urban Dorset will need to produce a new local plan when it becomes a new unitary authority. To grow employment there will be additional housing requirement driven by the ambition alongside the existing local need. Both releasing green belt and unlocking brownfield sites will be critical to meeting housing need.” She added that across the three boroughs there were a number of brownfield sites with 11,000 homes. “The high costs of [**property redevelopmen**](https://www.europeanproperty.com/news/5-super-home-improvements-to-build-remodel-value-into-your-property-for-2019/)t has previously constrained affordable housing provisions. The local enterprise partnership aims to secure a government affordable housing deal worth £215 million for Dorset. Above all the new local authority framework has supported this also.” Bringing the three boroughs under the control of one authority creates a district similar to Cardiff in terms of economic output, productivity and jobs. It has population of 394,000 – only 14% smaller than Bristol. Savills’ report Spotlight: The New Urban Dorset claims the new authority will be in a strong position. It will be 12th largest district in England to secure public and private funding to improve road and rail links. ## Commercial investment property set to take off The report identified the potential to create an economic hub for the creative and digital industries. The region is already housing the fourth largest concentration of these businesses in the UK. It recommended expanding the proposed 5G pilot scheme. It will offer powerful digital connectivity to foster tech and creative start ups in the region. Savills identified Talbot Heath, Bournemouth and Christchurch as ideally located to attract new space for tech, media and creative companies. The first location’s closeness to two universities and the airport business park between Bournemouth and Christchurch were highlighted as spots to attract new business. The report added that new space at Poole Harbour would be attractive for the area’s marine engineering industry. Commercial research analyst Clare Bailey said: “Lansdowne, Talbot Village, the airport business park and Poole Harbour in particular are all zones that are ripe for growth if more offices and incubator space can be provided. The speed at which new office space in Lansdowne has already been pre-let this year. This shows that there is a build-up of demand already in the market waiting to be unleashed.” The local environment plan wants the value of the region’s economy of production of goods and services to increase by 50 per cent by 2038 and create 80,000 additional jobs. House prices in the area are currently between nine and 12 times the average in contrast with regional earnings, compared to the national average of eight. Savills said only 15 per cent of housing stock is within the reach of the average earner. Therefore the more residential property development of ‘affordable homes’ would be crucial. Annual building statistics are running at 48 per cent under the Government’s housing need goal of 2,160 homes per year for the region, according to Savills. Also read: [Unregulated Bridging Loans on The Rise](https://www.hankzarihs.com/unregulated-bridging-loans-rise/) [Breaking News : The 62 Flats at 327 – 329 Morville Street Will Cost £24M](https://www.hankzarihs.com/breaking-news-the-62-flats-at-327-329-morville-street-will-cost-24m/) ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, News **Tags:** property development finance lenders, property development funding, property development loans --- ### [Breaking News : The Twickenham Station Will Be Redeveloped for £38M](https://www.hankzarihs.com/instant-bridging-loans-twickenham-station/) **Published:** November 19, 2018 **Author:** Shiraz Khan **Content:** Network Rail Infrastructure Limited deserves well-earned praise for gaining planning for the Twickenham station redevelopment with new station ticket office ground floor retail units, 73 one, 78 two, 14 three bed flats, and improved public areas and parking. The chosen site for the project is Twickenham Station, London Road, Twickenham, Middlesex, TW1 1BD. With the help of [**instant bridging loans**](https://www.hankzarihs.com/development-finance/), the client will stabilize the project’s financial budget for the redevelopment processes. The council for this project is Richmond-upon-Thames. The project will begin in September 2017, and it will be finished in September 2020. The total floor area will be 734 square meters, and the site area will be 9600 square meters. 3 structures rising as high as 8 storeys will be erected, and it will house 165 residential and commercial units. 73 one bed houses, 78 two bed houses, and 14 three bed houses will be featured in this development. The client will offer a total of 41 parking spaces. The associated developers for the development will be Kier Property Developments and Solum Regeneration Limited. The primary architecture firm for the entire development will be Rolfe Judd. Maddox & Associates Limited will take the role of the primary planner firm. Grontmij Head Office has been chosen to serve as the landscape architecture firm. The client will take help from the [**instant bridging loans**](https://www.finance-monthly.com/2018/11/development-finance-is-the-biggest-hitch-for-building-boom/) to ensure an efficient and a smooth flow of all the redevelopment processes. The consultant group will include McBains Head Office, Waterman Building Services Limited, and Maddox & Associates Limited. The contractors include Osborne and S E C Building Services Limited. Kier Southern Limited will take the role of the project manager. The project’s developers and investors can easily avail capital from [**HZ Associates**](https://www.hankzarihs.com/) for making this big infrastructure aim a huge success. Moreover, with funding from HZA, they can get a high return on investment. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Planning News **Tags:** Bridging & Development Finance News, fast bridging finance, instant bridging loans, second charge bridging loans --- ### [Unregulated Bridging Loans on The Rise](https://www.hankzarihs.com/unregulated-bridging-loans-rise/) **Published:** November 17, 2018 **Author:** Shiraz Khan **Content:** Bridging lending has increased by nearly eight percent for the third quarter of this year to £213.35m, according to Bridging Trends data.The proportion of [unregulated bridging loans](https://www.hankzarihs.com/unregulated-bridging-loans-rise/) rose to 68.4 per cent compared with 63.2 per cent in the second quarter while regulated fell to 31.6 per cent compared with 36.8 per cent. MT Finance Commercial director Gareth Lewis was upbeat about the figures. “The data continues to show that property investors are seeking attractive opportunities to acquire properties. There they can add value, a trend that shows no sign of slowing down.” But he attributed the drop in regulated borrowing, at its lowest since the first quarter of 2015, to increasing cautiousness among consumers. “The transaction flow in the regulated space has continued to show signs of slowing down. Is this a direct response to the everyday purchaser taking stock of Brexit and holding fire before looking to commit to the purchase of a new residence?” Refurbishment accounted for more than a third of all borrowing. It was the most popular reason for this type of finance for the second consecutive quarter. Mortgage delays were the second most common reason for obtaining a [bridging loans](https://www.hankzarihs.com/fast-bridging-finance/) accounting for 19 per cent of all lending. Although marginally down from 20 per cent in the previous quarter. Finance to buy at auction had increased to 10 per cent of borrowing compared with seven per cent in the second quarter. ### Clever Lending’s specialist lending head Sonny Gosai said unregulated bridging loans was booming and formed a large part of its key distribution. “Whilst the data suggests that there has been a drop in regulated bridging activity. We have recently set up a team solely to provide regulated bridging advice. We have seen a growth in this area particularly for enquiries.” Average monthly interest rates dropped to 0.78 per cent from 0.83 per cent in the second quarter – the lowest recorded since the final quarter of 2016. Average loan-to-value levels dropped to 55.4 per cent compared with 56.9 per cent in the second quarter. Pure Commercial Finance head of specialist property finance Luke Egan said the market was becoming more competitive. “We take a large amount of direct business. So, we have more regulated bridge enquiries as a lot of clients are home movers. “However, the market is becoming more competitive which would explain the decline to an extent. There is a finite amount of business being passed around a larger number of people. “Interest rates seem to be only going one way. I believe one of the main regulated bridging lenders will drop their rates again soon in order to stand out in a crowded marketplace.” The average completion time rose to 46 days compared with 43 for the second quarter. The average term of a unregulated bridging loans remained the same at 11 months. The data comes from figures contributed by eight major packagers and lenders in the sector. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News **Tags:** Bridging Lending, Bridging Loan, Unregulated Loans --- ### [Breaking NEWS: 560 Flats at Goldsworth Road Will Be Developed for £130M](https://www.hankzarihs.com/best-bridging-finance-goldsworth-road/) **Published:** November 14, 2018 **Author:** Shiraz Khan **Content:** Be:Here Limited deserves well-earned praise for gaining planning for the construction of 72 studio flats, 190 one bedroom, 209 two-bedroom and 89 three bedroom flats with offices, estate agents, public house and gym with lift, kitchen, office, toilets, parking, access and landscaping following demolition of existing building. The chosen site for the project is 20-32 Goldsworth Road, Woking, Surrey, GU21 6JT. With the help of [**best bridging finance**](https://www.hankzarihs.com/best-bridging-finance-goldsworth-road/), the client will stabilize the project’s financial demands and requirements. The council for this project is Woking. The project will begin in the second quarter of 2019, and the development will be finished in the second quarter of 2023. The client will finish the development in 48 months. The structure will be erected as high as 34 storeys. A total of 560 residential units will be developed for the residents. 190 one bed houses, 209 two bed houses, and 89 three bed houses will be featured in this development. The floor and the site area will cover 122977 square meters and 9600 square meters respectively. The primary architecture firm and lead planner firm for the entire development will be Rolfe Judd. Standerwick Land Design will fill the role of the lead landscape architect. Silver & Partners will serve as the leading quantity surveyor for the development, who will also act as the project manager. This project could be a high return option for investors and a high end address for future residents. The consultant group includes Waterstone Designs, Price & Myers, and WSP Parsons Brinckerhoff (Head Office). The client will take help from the [**best bridging finance** **loans**](https://www.finance-monthly.com/2018/11/development-finance-is-the-biggest-hitch-for-building-boom/) to develop the project within a period of 48 months. The project’s developers and investors can easily avail capital from **HZA** for making this big infrastructure aim a huge success. Moreover, with funding from HZA, they can get a high return on investment. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News **Tags:** best bridging finance, Bridging Finance Manchester, Development Finance --- ### [Alternative Finance Could Facilitate the growth of small firms](https://www.hankzarihs.com/small-firms-growth-hindered-due-finance/) **Published:** November 14, 2018 **Author:** Shiraz Khan **Content:** **Small firms’ growth hindered due to lack of a****wareness** **of alternative finance** Smaller enterprises’ growth is being held back because of lack of knowledge of alternative funding options to the major banks, claims the Federation of Small Businesses, FSB. Only one in seven small firms are applying for external **[development finance](https://www.hankzarihs.com/small-firms-growth-hindered-due-finance/)** according to the industry body’s latest study *Going for Growth.* The report also found that out of those who were applying two thirds were paying interest of more than four per cent. Female business owners, those from black and minority ethnic groups and those based outside London and the south east found it particularly difficult to gain funding. More than four in ten, 43 per cent, of female business owners describe the accessibility of new credit as ‘poor’, significantly more than their male counterparts at 38 per cent. FSB national chairman Mike Cherry said: “Despite being a decade on from the crash we still have this dangerous combination of weak appetite for, and low awareness of, alternative finance options, high borrowing costs and inadequate support for small firms that are turned down by banks. Too many small business owners approach the big lenders they’ve always dealt with as a first port of call when an asset, peer-to-peer or equity finance could be a much better match for them.” Out of the small businesses that did apply for finance in the third quarter of 2018 seven in ten sought a bank loan or overdraft facility. **FSB** calculates 49 per cent of all small UK business owners meet the definition of a ‘permanent non-borrower’. Almost three quarters, 73 per cent, would rather grow more slowly than borrow to expand more quickly. Two thirds, 68 per cent, say they have no awareness of equity finance. *Going for Growth* stresses that open banking – which allows business owners to grant third parties real-time access to their banking data – is key to enabling greater access to alternative finance. The FSB is calling on the government to work with industry on an open banking awareness-raising campaign targeted at small businesses. The new report also flags up the shortcomings of the government’s bank referral scheme, which directs small firms that have been denied bank finance to alternative funding matchmakers. Since the launch of the scheme in 2016, only 902 of the 19,000 firms that have been referred through the initiative have secured new finance. The FSB argues there is a lack of ‘meaningful competition’ with Barclays, HSBC, Lloyds and Royal Bank of Scotland controlling 80 per cent of the commercial loan market. It fears a no-deal Brexit would further restrict small business access to finance. The FSB report reveals the European Investment Bank, EIB, put more than £3 billion behind [**small business markets**](https://www.hankzarihs.com/commercial-finance/) between 2006 and 2016. It backs the £400 million Northern Powerhouse Investment Fund and £250 million Midlands Engine Investment Fund, for example. “After Brexit, we need to see EU funding streams matched and replaced immediately – the Government should be looking at further expanding the role of the British Business Bank**,”** said Cherry**.** ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News **Tags:** Bridging Finance London, fast bridging finance, property refurbishment loans, quick bridging loans --- ### [Development Finance News:Planning Gained Upton Gardens Redevelopment for 838 Flats Costs £64.1M](https://www.hankzarihs.com/property-auction-finance-galliard/) **Published:** November 13, 2018 **Author:** Shiraz Khan **Content:** **Property Auction Finance News**: [Galliard Homes](https://www.galliardhomes.com) Limited Head Office has earned our heartiest congratulation for gaining planning for the redevelopment of Upton Park to provide 15 new buildings ranging from 3 to 13 storeys providing up to 838 apartments with retail and restaurant and commercial use, cycle parking, car parking, highways, landscaping, access and infrastructure works following demolition of West Ham United Football stadium. The chosen site for the project is West Ham United Football Club, Green Street, Upton Park, Plaistow, London, E13 9AZ. At [**Hank Zarihs**](https://www.hankzarihs.com/) we source funders that have the appetite for large scale projects and we could offer similar schemes a [senior debt facility](https://www.hankzarihs.com/development-finance/) to assist with the construction typically 100% of build and 70% day 1 by arranging development finance. The project will begin in January 2017, and it will be finished in January 2022. The entire development will cover a site area of 3.3 Ha. 15 new structures, comprising 838 residential units and rising up to 3-13 storeys will be developed for the project. A total of 270 parking spaces will be offered to the residents. 297 one bed houses, 269 two bed houses, 230 three bed houses, and 42 four bedroom houses will be featured in this development. The net retail floor space will cover an area of 878 square meters. This project could be a high return option for investors and a high end address for future residents. **Property Auction Finance News:** The associated developers will be Boleyn Phoenix Limited and Barratt East London Limited. Savills Plc will take the role of the primary planner firm. Metropolis Planning & Design Llp will offer their consultancy services for sustainability. The contractors include UKD Groundworks & Civil Engineering Limited, Barratt East London Limited, Haydon Mechanical & Electrical Limited, Rye Demolition Limited, and other major organizations. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News **Tags:** Development Finance, property auction finance, property development finance --- ### [The Development of 145 Units in Liverpool Will Cost £14M](https://www.hankzarihs.com/short-term-bridging-loans-liverpool/) **Published:** November 12, 2018 **Author:** Shiraz Khan **Content:** Assetcorp deserves the sincerest congratulation for gaining planning for the construction of 11 storey building containing 72 one bedroom and 73 two bedroom apartments and retail units with associated works at 12 – 30 Parliament Street, [Liverpool](https://www.hankzarihs.com/liverpool/), Merseyside, L8 5RW. The **[short term bridging loans](https://www.hankzarihs.com/short-term-bridging-loans-liverpool/)** will ensure that this privately funded project is completed in a period of 18 months. The project will begin in April 2018, and it will be finished in late October 2019. The **short term bridging loans** will enable the client to carry out the construction process without any hurdles. 1 structure, comprising 145 units will rise up to 11 storeys. 72 one-bedroom and 73 two-bedroom houses will be featured in this development. A total of 45 parking spaces will be developed by the client. The floor and the site area will cover 540 square meters and 1857 square meters. Falconer Chester Hall Architects and Zerum Consult Limited have been assigned the role of the primary architecture firm and the primary planner for the development process respectively. The client will use **[bridging loans](https://www.hankzarihs.com/bridging-loan-broker/)** to stabilize the financial budget for all their ongoing construction processes. LAYER Landscape Architecture will serve as the lead landscape architecture firm, whereas WHR Property Consultants will join the project as the primary quantity surveyor. Clancy Consulting will offer their consultancy services in the area of civil engineering and structural engineering. WHR Property Consultants will serve as the project manager for the entire construction process The contractors include Goodwin Construction, Thomas Plant Hire, and Easi-Edge Limited. This project could be a high return option for investors and a high end address for future residents. The project’s developers and investors can easily avail capital from [**Hank Zarihs**](https://www.hankzarihs.com/) for making this big infrastructure aim a huge success. Moreover, with funding from HZA, they can get a high return on investment. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News **Tags:** bridge finance, Development Finance, short term bridging loans --- ### [The Brightwells Development in Surrey Will Cost £115M](https://www.hankzarihs.com/property-bridging-loan-surrey/) **Published:** November 9, 2018 **Author:** Shiraz Khan **Content:** Waverley Borough Council deserves our heartiest congratulations for gaining planning for the construction of 239 housing units, 8 screen cinema, shop, restaurant and cafe following demolition of existing buildings. The chosen site for the project is East Street, Farnham, Surrey, GU9 7SD. With the help of **Property Bridging Loan**, the client will ensure that the project is finished within the deadline. The council for this project is Waverley. The project will begin in January 2019. The new structures will be erected as high as 3 storeys. A total of 239 residential units will be developed for the residents. The floor and the site area for the project will be 9814 square meters and 3.95 Ha respectively. A total of 694 parking spaces will be made available for the residents. Crest Nicholson Plc will be the associated developer for the project. The primary architecture firms for the entire development will be Scott Brownrigg Limited Head Office. The lead planner for the project will be Southern Planning Practice Limited. Murdoch Wickham will fill the role of the lead landscape architect. EC Harris & Partners will take the role of quantity surveyor. The primary consulting engineer for the Mech & Elec engineering fields will be White Young Green. The primary consultant for structural engineering will be Thomasons Limited. The client will take help from the [**Property Bridging Loan**](https://www.hankzarihs.com/property-bridging-loan-surrey/) to develop the project in time. Waverley Borough Council will be the primary project manager for the firm. Crest Nicholson Plc will be the lead contractor for the entire development process.This project could be a high return option for investors and a high end address for future residents. Prospective investors and developers can easily get capital from [HZ ASSOCIATES](https://www.hankzarihs.com/) for realizing their goal of [infrastructure development](https://www.merchantcircle.com) as well as getting good returns by investing in this high end project. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News **Tags:** bridging finance broker, bridging loan for property development, cheap bridging loans, property bridging loan --- ### [The Market Street Redevelopment at Station Approach Will Cost £61M](https://www.hankzarihs.com/commercial-refurbishment-loans-market-street/) **Published:** November 8, 2018 **Author:** Shiraz Khan **Content:** Cheers to Grainger Plc for gaining planning for the construction of 232 units at Station Approach, Market Street, Newbury, Berkshire, RG14 5DP. With the help of **Commercial Refurbishment Loans**, the client will easily develop 81 one bedroom and 117 two bedroom flats, 10 two-bedroom and 21 three bedroom houses with associated car parking, residents’ hub and management office, commercial space, a multi-storey car park, access and landscaping following demolition works and site clearance. The project will be developed in a period of 60 months, from the first quarter of 2019 to the first quarter of 2024. The total area covered by this development will be 2.2 Ha. 6 structures, consisting of 232 units, will be erected. 81 one bed houses, 127 two bed houses, and 24 three bed houses will be featured in this development. The project will also offer of total of 580 parking spaces. The associated developer for the project will be West Berkshire Council. 3D Reid (Architects) Limited will serve as the primary architecture firm for the development. The lead planner for the development will be Savills. Neil Tully Associates and Gleeds UK Head office will serve as the lead landscape architecture firm and the primary quantity surveyor respectively. With the help of easily payable development finance loans, the client will be able to finish this development in 60 months. Hoare Lea and AECOM are among the consultant group. The project manager will be Buro Four Project Services Limited for the entire construction process. Engie is the primary contractor for the development. The project’s developers and investors can easily avail capital from **Hank Zarihs Associates** for making this big infrastructure aim a huge success. Moreover, with funding from Hank Zarihs Associates, they can get a high return on investment. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News **Tags:** Bridging Finance News, Commercial Refurbishment Loans, construction loans, Development Finance --- ### [The City Road Development for 100 Flats and Offices Will Cost £65M](https://www.hankzarihs.com/fast-bridging-loans-road-development/) **Published:** November 8, 2018 **Author:** Shiraz Khan **Content:** Vanity Properties Limited deserves well-earned praise for gaining planning for the development of a twenty-two storey building which will include 32 one, 77 two and 2 three bedroom flats with offices, gym, retail space, ground floor lounge, landscaping and access works. The chosen site for the project is 225 City Road, City, London, EC1V 1JT. With the help of [**fast bridging** **loans**](https://www.hankzarihs.com/development-finance/), the client will stabilize the project’s financial budget and finish the development in time. The council for this project is Hackney. The project will begin in February 2019. The total floor area will be 33343 square meters. 1 structure rising as high as 22 storeys will be erected, and it will house 100 residential and commercial units. 32 one bed houses, 66 two bed houses, and 2 three bed houses will be featured in this development. The primary architecture firm for the entire development will be Allford Hall Monaghan Morris. DP9 Limited will take the role of the primary planner firm. The lead quantity surveyor for the project will be AECOM. Grant Associates has been chosen to serve as the landscape architecture firm. The primary consulting engineer for the Mech & Elec engineering and sustainability will be DSA Engineering. Elliott Wood Partnership Head Office will serve as the primary civil engineering consultant. The client will take help from the **fast bridging** **loans** to ensure a smooth flow of all the construction processes. Prospective investors and developers can easily get capital from [HZ Associates](https://www.hankzarihs.com/) for realizing their goal of infrastructure development as well as getting good returns by investing in this high end project. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News **Tags:** bridging loans london, fast bridging loans, property auction finance --- ### [The Manchester Life Flour Sawmill Court Development Will Cost £30M](https://www.hankzarihs.com/property-finance-loans-sawmill-court/) **Published:** November 7, 2018 **Author:** Shiraz Khan **Content:** Manchester Life Development Company Limited deserves a sincerest congratulation for gaining planning for the Construction of 199 residential and commercial units at Bengal Street, Jersey Street, Murray Street & Blossom Street, Ancoats, Manchester, Greater Manchester, M4 6AJ. The [ **property finance** **loans**](https://www.hankzarihs.com/property-auction-finance-sawmill-court) will ensure that this privately funded brownfield site project is completed within the allotted financial budget. The project will begin in July 2016, and it will be finished in July 2018. The entire development will take place in a duration of 24 months. The **property finance loans** will enable the client to carry out the construction process without hindrances. 45 one bedroom, 101 two-bedroom, and 12 three-bedroom houses will be featured in this development. 1 structure, comprising 158 units will be erected as high as 8 storeys. A total of 69 parking spaces will be offered. Flour Developments Limited will be the associated developer for the project. Studio Egret West and Chapman Taylor & Partners have been assigned the role of the primary architecture firms. The primary planner for the development process will be Deloitte Real Estate. The client will use **property finance loans** to stabilize the construction process. The primary quantity surveyor will be MAC Consulting Limited. Arup & Partners will offer their consultancy services in the area of civil engineering, structural engineering, and Mech & Elec engineering. Mace will serve as the project manager for the entire construction process. The contractors include Eric Wright Group Head Office, Heyrod Construction Limited, Ameon Utilities Limited, and LDG Contracts. Prospective investors and developers can easily get capital from [HZA](https://www.hankzarihs.com/) for realizing their goal of infrastructure development as well as getting good returns by investing in this high end project. You can read our more blogs posts [**Click here**](http://www.stockhouse.com/blogs/uk-real-estate-blog/november-2018/short-guide-to-buying-property-in-the-uk) ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News **Tags:** Development Finance, property auction finance, property development finance, property finance loans, residential bridge loan --- ### [The Wapping Wharf Development Has Received the Green Light](https://www.hankzarihs.com/bridge-lending-wapping-wharf/) **Published:** November 7, 2018 **Author:** Shiraz Khan **Content:** Umberslade deserves our sincerest congratulation for gaining planning for the development of Phase 2 Blocks D, E, F, and G for Wapping wharf. The chosen site is Wapping Wharf D, E, F, G, Wapping Road, Bristol, South Gloucestershire, BS1 5RN. With the help of [**Bridge Lending Loans**](https://www.hankzarihs.com/bridge-lending-wapping-wharf), the client will be able to finish this development in £40M. The client will finish this development in 36 months. The project will begin in March 2018, and it will be finished in March 2021. 4 structures, comprising 325 new residential units will be erected with the help of **Bridge Lending loans**. The structure will rise up to 6 storeys high. 151 parking spaces will also be developed for the client. 139 one bed houses, 175 two bed houses, and 11 three bed houses will be developed. Muse Developments Limited is the associated developer for the project. The primary architecture firm for the development will be Alec French Partnership. They will be joined by Turley Associates Limited (Head Office), who will serve as the lead planner. The lead quantity surveyor will be Gardiner & Theobald. Gillespies Head Office will serve as the lead landscape architect. The consultant group includes Hoare Lea Head Office and Hydrock Consultants Limited. Gleeds will take the role of the project manager for the development. The contractors include Balfour Beatty Construction Services UK, Foundation Developments Limited, Elite Aluminum Systems Limited, and Balfour Beatty Kilpatrick. [**Read More:-**](http://www.talkmarkets.com/member/james-helliwell/blog/guide-to-the-bridging-loan-market-and-how-to-apply-for-bridging-loans?post=198774) The project’s developers and investors can easily avail capital from [HZ Associates](https://www.thehouseshop.com/property-blog/making-your-property-more-saleable-with-unique-features/18627) for making their infrastructure goal success and obtaining high ROI. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News **Tags:** Bridge Lending, Development Finance, property development finance, refurbishment finance, Residential Development Finance --- ### [The Phase 2 of Belgrade Plaza Will Cost £31.5M](https://www.hankzarihs.com/property-development-mortgage-belgrade/) **Published:** November 6, 2018 **Author:** Shiraz Khan **Content:** The client deserves well earned praise for gaining planning for the construction of 62 one bed, 38 two bed flats, 385 bed student accommodation and an 80-bed hotel with associated access parking and landscaping. The chosen site for the project is Land bounded by Hill Cross Ringway, Sava House & Upper Well Street, Coventry, West Midlands, CV1 4FJ. With the help of **[property development mortgage](https://www.hankzarihs.com/property-development-mortgage-belgrade/)**, the client will stabilize the project’s financial budget. The council for this project is Coventry. The project will begin in April 2018, and the development will be finished in September 2019. The client will finish the development in 17 months. The structure will be erected as high as 15 storeys. A total of 100 residential units will be developed for the residents. 62 one bed houses and 38 two bed houses will be featured in this development. The floor and the site area will cover 11448 square meters and 4300 square meters respectively. ## Property Development Mortgage The primary architecture firm for the entire development will be Simpson Haugh & Partners. Fabrik will fill the role of the lead landscape architect. Downing Developments Limited Downing Construction Limited will serve as the leading quantity surveyor for the development, and they will also act as the project manager for the development. The consultant group includes Desco (design & consultancy) Limited, Alan Johnston Partnership, Sanderson Associates, and Acoustic & Engineering Consultants Limited. The client will take help from the development finance loans to develop the project within a period of 17 months. The project’s developers and investors can easily gain access to capital from HZA for making this big infrastructure aim a huge success. The project’s developers and investors can easily avail capital from [HZA](https://www.hankzarihs.com/) for making their infrastructure goal success and obtaining high ROI. You can also read our more blogs posts. [**Read More**](https://www.finance-monthly.com/2018/11/development-finance-is-the-biggest-hitch-for-building-boom/) ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News **Tags:** commercial bridge loans, Development Finance Lenders, property development mortgage --- ### [Stonelea & Thornebury Project Development Will Cost £15.2M](https://www.hankzarihs.com/construction-finance-stonelea/) **Published:** November 5, 2018 **Author:** Shiraz Khan **Content:** **Construction Finance:-** Peabody Housing Association Head Office deserves our sincerest congratulation for gaining planning for the development of 22 one, 30 two and 11 three bedroom flats with 8 three and 8 four bedroom houses with associated access, parking and landscaping following the demolition of existing building. With the help of **[Construction Finance](https://www.hankzarihs.com/refurbishment-finance/)**, the client will be able to dedicate their available resources to all their construction projects simultaneously. The chosen site for the development is Stonelea & Thornebury, Union Close, 3 Langthorne Road, Leytonstone, London, E11 4HL. The client will begin construction in May 2017, and the project will be finished in a time period of 24 months in May 2019. The new structures, comprising 73 residential units will be erected with the help of **construction** **loans**. A total of 37 parking spaces will be offered to the residents. Alan Camp Architects will serve as the primary architecture firm for the development. CMA Planning Limited will join them as the lead planner firm. The leading quantity surveyor will be Airey Miller Partnership Head Office, who will also be the project manager for the development. Keepmoat Limited has been chosen as the primary contractor for the entire development. They have won the subcontracts for foundations and groundwork. Other major contractors include Flahive Brickwork Limited, Pinewood Structures Limited, RAD Fire Sprinkler Company Limited, K Scaffolding Limited, and Russell Timber Technology. Prospective investors and developers can easily get capital from [**Hank Zarihs Associates**](https://www.hankzarihs.com/) for realizing their goal of infrastructure development as well as getting good returns by investing in this high end project. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Development Finance --- ### [The Manchester Central Project Will Cost £120M](https://www.hankzarihs.com/the-manchester-central-project-will-cost-120m/) **Published:** November 5, 2018 **Author:** Shiraz Khan **Content:** # **Fast Commercial Bridging Loans** **Ask Property Development Limited deserves our heartiest congratulations for gaining planning for the erection of two buildings to provide an office development with cafe, kitchen and toilets and ground floor commercial units along with 114 one, 223 two and 38 three bedroom apartments with access, parking, and landscaping. The chosen site for the project is Former Bauer Millet Site, Albion Street, Manchester, Greater Manchester, M1 5NZ. With the help of Fast Commercial Bridging Loans, the client will ensure that the project is finished well within the allotted deadline.** The council for this project is Manchester. The project will begin in the third quarter of 2019. 2 structures will be erected as high as 40 storeys. A total of 375 residential units will be developed for the residents. The floor and the site area for the project will be 32766 square meters and 7200 square meters respectively. A total of 501 parking spaces will be featured in this development. 114 one, 223 two and 38 three bedroom apartments will also be developed. BREEAM Rating has already awarded an “Excellent” to the client. The primary architecture firm for the entire development will be Simpson Haugh & Partners. The lead planner for the project will be Deloitte Real Estate. Planit Environment Development Consultants will fill the role of the lead landscape architect. AECOM will take the role of the quantity surveyor. The primary consulting engineer for the Mech & Elec engineering fields will be Ridge & Partners LLP. The primary consultant for structural engineering, civils engineering, flood risk assessment will be Curtins Consulting Limited. The client will take help from the development finance loans to develop the project within the dedicated **financial budget**. RPS Group Plc Head Office will be the primary sustainability consultant. **For more blog posts click here:** ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News --- ### [The Angel Meadows Development for 136 Apartments Will Cost £22M](https://www.hankzarihs.com/property-refurbishment-loans-angel-meadows/) **Published:** November 2, 2018 **Author:** Shiraz Khan **Content:** **We extend our courteous congratulations to Far East Consortium International Limited for gaining planning for the development of 136 apartments at Angel Meadow Park, Aspin Street & Old Mount Street, Manchester, Greater Manchester, M4 4TF. With the help of property refurbishment loans, the client will finish this development in a period of 18 months.** ## Property Refurbishment Loans The client will develop 1 structure, which will rise up to 12 storeys, and offer 136 new [**residential apartments**](https://www.merchantcircle.com/blogs/firespin-new-york-ny/2018/11/Bridge-Loans-An-Effective-Tool-For-Selling-in-Slow-Market/1589800). The project will begin in September 2018, and it will be finished in March 2020. With the help of easily payable **property refurbishment loans**, the client will develop new residential units for the residents. HOW Planning Llp will join the development as the lead planner firm. They will be joined by Planit Environment [**Development Consultants**](https://www.hankzarihs.com/development-finance/), who will fill in the role of lead landscape architect. Arcadis will act as the primary Quantity surveyor. WSP Group Limited will offer their consultancy services for the client. Arcadis has been chosen as the project manager for the development. Bardsley Construction Limited is the primary contractor for the new development. The subcontracts for floors, stairs, roofing and frame have been won by Cidon Construction Limited. The project’s developers and investors can easily avail capital from [HZA](https://www.finance-monthly.com/2018/11/development-finance-is-the-biggest-hitch-for-building-boom/) for making their infrastructure goal success and obtaining high ROI. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News **Tags:** auction property finance uk, bridging finance norfolk --- ### [The Moxon Development Project for 79 Flats Will Cost £50M](https://www.hankzarihs.com/best-bridging-loans-moxon-project/) **Published:** November 2, 2018 **Author:** Shiraz Khan **Content:** **Best Bridging Loans:- Ridgeford Developments Limited has earned our heartiest congratulation for gaining planning for the construction of a six storey building containing 79 apartments with shops restaurants, community hall and parking. The construction will include three basement levels. The chosen site for the project is Car Park, Aybrook Street, Westminster, London, W1U 4AR.** The client intends to take help of **[Best Bridging Loans](https://www.hankzarihs.com/best-bridging-loans-moxon-project/)**, which will allow the client to finish their current construction projects without having to worry about the financial challenges. The project will begin in February 2019, and it will be finished in July 2021. The entire development will cover a site area of 2.6465 Ha. 1 new structure, comprising 79 **residential units** and rising up to 6 storeys will be developed for the project. 3 storeys will also be developed below the ground level. A total of 95 parking spaces will be offered to the residents. 14 one bed houses, 37 two bed houses, and 28 three bed houses will be featured in this development. The net retail floor space will cover an area of 4270 square meters. Simon Bowden Architecture has been chosen to serve as the primary architect for the development. DP9 Limited will join the development as the lead planner firm. Gardiner & Theobald Limited Head Office will serve as the primary quantity surveyor for the entire development process. Hurley Palmer Flatt Head Office, Alan Baxter Associates and TTP Consulting will join the project as consultants. Ridgeford Properties Limited will fill the role of the project manager for the development. The project’s developers and investors can easily avail capital from [HZ ASSOCIATES](http://www.fxstat.com/en/user/profile/FirespinFinance-83026/blog/29856826-What-is-the-current-property-market-like-and-is-there-any-booms?) for making this big infrastructure aim a huge success. Moreover,with funding from HZA, they can get a high return on investment. **For More Blog Posts in our website also You can Visit here: [Click Here](http://www.fxstat.com/en/user/profile/FirespinFinance-83026/blog/29856826-What-is-the-current-property-market-like-and-is-there-any-booms?)** ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News **Tags:** best bridging loans, bridging finance loans london, Development and Refurbishment Finance, Development Finance, refurbishment finance, residential bridge loan --- ### [The 225 Marsh Wall Redevelopment AT Angel House Will Cost £80M](https://www.hankzarihs.com/the-225-marsh-wall-redevelopment-at-angel-house-will-cost-80m/) **Published:** November 1, 2018 **Author:** Shiraz Khan **Content:** **Cheap Bridging Loans News: Our sincerest congratulation to Cubbit Property Holdings Limited for gaining planning for the redevelopment of 48 Storey tower comprising 332 residential units, associated offices, retail units, children’s play area, nursery school, health center, youth center, gymnasium, dentist, dry cleaners, post office, coffee shop, beauty salon, art gallery and flower shop.** The development will also include access, parking, and landscaping following the demolition of existing buildings at Angel House, 225 Marsh Wall, Poplar, London, E14 9FW. With the help of [**cheap bridging loans**](https://www.hankzarihs.com/short-term-bridging-loans-liverpool/), the client will develop the infrastructure without worrying about the burdens of financial budgets. 1 new structure will be erected with the easily payable **cheap bridging loans**. The new structure will consist of 332 residential apartments, and it will rise up to 48 storeys high. 2 storeys will also be developed below the ground level. A total of 678 parking spaces will be developed. 166 one bed houses, 136 two bed houses, 18 three bed houses, and 12 four bed houses will be featured in this development. The entire site area for the development will be 3000 square meters. LBS Properties will join the development as the associated developer. HCD Group and MAKE Architects Head Office have been chosen as the primary architecture firms for the development. DP9 Limited will fill in the role of the primary planner. Hoare Lea and WSP Parsons Brinckerhoff (Head Office) will join the development as the members of the consultant group. The project manager will be Core Five LLP. Prospective investors and developers can easily get capital from [HZA](https://linkup.imanet.org/viewdocument/bridging-loans-are-one-of-the-best) for realizing their goal of infrastructure development as well as getting good returns by investing in this high end project. [**Read More:-**](https://linkup.imanet.org/viewdocument/bridging-loans-are-one-of-the-best) ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News **Tags:** Development Finance, property development finance, property development loans, refurbishment finance, refurbishment loans, residential bridge loan --- ### [The Hollin Lane Project for 205 Houses Will Cost £20.5M](https://www.hankzarihs.com/property-developer-finance-hollin-lane-project/) **Published:** October 31, 2018 **Author:** Shiraz Khan **Content:** Property Developer Finance News:- Taylor Wimpey North West has earned our heartiest congratulation for gaining planning for the development to provide 205 homes, community building, opens spaces, playgrounds, landscaping and associated work. The chosen site for the project is Hollin Lane, Middleton, Manchester, Greater Manchester, M24 5LF. The client will take financial help of [**property** **developer** **finance**](https://www.hankzarihs.com/development-finance/) loans, and finish the development of 205 houses within the pre-determined financial budget. The project will begin in early October of 2018. The total number of units offered to the residents will be 205 new homes. The floor and the site area of the development will be 500 square meters and 10.77 Ha respectively. The **development finance** loans will help the client with finishing the project well within the allotted deadline. The primary architecture firm for the entire development is Taylor Wimpey North West, and they will also serve as the lead quantity surveyor. Turley Associates Limited (Head Office) will join the development as the lead planner firm. The lead sustainability consultant will be Award Energy. Taylor Wimpey North West will also fill the role of the project manager. The primary contractor will be Taylor Wimpey Manchester. The project’s developers and investors can easily gain access to capital from HZA for making this big infrastructure aim a huge success. Moreover, with funding from [HZA](https://www.homesgofast.com/Home-and-Decor/uk/blog/increasing-your-property-saleability-with-design-features), they can get a high return on investment. [Read More:-](https://axcessnews.com/world/breaking-world/london-property-an-economy-guide-for-investors-looking-into-2019_7739/) ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News **Tags:** Development Finance, property developer finance, property development finance, property development funding, property refurbishment finance, refurbishment finance, residential bridge loan --- ### [Demand Outstrips Supply for Prime Office Space in Leeds](https://www.hankzarihs.com/commercial-property-finance-news/) **Published:** February 22, 2019 **Author:** Shiraz Khan **Content:** **Commercial Property Finance News**:- Leeds success as a magnet for media and tech companies means prime office space is set to command record rentals, claims [Savills](http://www.savills.co.uk/research_articles/229130/276937-0). The estate agency said office supply has been falling since 2015 with 2018 seeing a 31 per cent drop and a 9 per cent decrease in grade A premises. [![](https://www.hankzarihs.com/wp-content/uploads/2018/03/Banner-V3_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) Commercial research associate director, Clare Bailey said: “It’s a very desirable city and rents are very competitive. It’s a good place to build new offices or refurbish as supply is so low.” Companies looking to develop in the city are well placed to gain [commercial property finance](http://www.hankzarihs.com) given the current demand. ## **Commercial Property Finance – Leeds Becomes a Media Draw** Channel 4 and Sky are among the latest media companies to have offices in the city where take-up reached 657,000 sq feet during 2018. This exceeded the ten-year average of 490,000 sq ft by 34 per cent. Private sector office-based employment within Leeds city region has grown by 15 per cent over the last five years and is forecast to expand by a further 7.9 per cent over the next five. Channel 4 is to move more than 200 staff to the city with its studio headquarters expected to go live by 2023. Sky is growing its technology hub around Leeds Dock with developer Vastint set to transform the former Tetley Brewery site in the South Bank shortly. Vastint is creating 850,000 sq ft of employment space, including a dedicated spot for creative industries, as well as 150,000 sq ft of retail, cultural, educational and leisure space. ### **Tech Mushrooms in the City** Property developer Bruntwood has been awarded £2 million to establish a tech hub at its new Platform scheme above the railway station. Leeds has already seen a rush of tech-based firms move south of the river over the last few years, particularly around the Holbeck area. Tower Works, Globe Place and Grove Square will also provide 262,600 sq ft of space for this sector. Leeds has the highest concentration of digital, data and technology innovators in the UK with 35,000 tech jobs, according to Tech Nation 2018. The sector is expected to increase by 10.7 per cent over the next five years, with digital jobs in the region predicted to grow at 10 times the rate of non-digital. Savills said £326 million of office investments were transacted in 2018 – a 109 per cent rise on the ten-year average, as investors seek enhanced returns underpinned by rental growth and growing demand. Nearly half, 47 per cent, of this came from overseas investors who Savills said are looking outside Manchester and Birmingham as they become more comfortable with regional office markets. Yorkshire’s economy is expected to accelerate by 8.3 per cent over the next five years compared with a 5.7 per cent growth over the last five. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** commercial property finance, Commercial Refurbishment Loans, Fast Commercial Bridging Loans, second charge bridging loans --- ### [First-time Buyers Reaches a 12-year High](https://www.hankzarihs.com/building-finance-hza-2/) **Published:** February 21, 2019 **Author:** Shiraz Khan **Content:** **Building Finance News:-** There were 370,000 first-time mortgages approved in 2018 – a 1.9% increase on the previous year, according to the latest UK Finance figures. The £62 billion new lending in the year was 4.9% higher than in 2017 and the highest since 2006 when 402,800 first-time mortgages were granted. [![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## Building Finance – HZA There were 30,900 new first-time mortgages completed in December 2018, some 1.6% more than in the same month a year earlier. The £5.2 billion of new lending in the month was 4% more year-on-year. UK Finance mortgages director Jackie Bennett said: “Competitive deals and government schemes such as help-to-buy continue to boost the market.” A healthy first-time buyer market is generally seen as good news for residential property developers seeking [building finance](https://www.hankzarihs.com/news/). Homeowner remortgaging reached 34,000 in December 2018, some 9.3% more than in the same month a year earlier. The £6.1 billion of remortgaging in the month was 13% more year-on-year. In 2018, there were 476,900 new homeowner remortgages – 10.8% higher than in 2017. The £85 billion of new lending was 13% greater than in 2017. ## **Buy-to-let Feels Regulatory Pressure** But buy-to-let did not fare so well with 5,100 new mortgages completed in December 2018 – 5.6% less than in the same month a year earlier. In 2018, there were 66,400 new buy-to-let home purchases completed – 11.5% less than in 2017. The £9 billion of new lending was 15% less than in 2017. [**Bricklane.com**](http://Bricklane.com) co-founder and chief executive officer Simon Heawood said: “Landlords are feeling the effects of being in HMRC’s crosshairs as the government continues to target buy-to-let. It’s no surprise that many private landlords are considering abandoning the sector as the costs begin to genuinely outweigh the benefits.” But buy-to-let remortgaging was strong in 2018 with 169,100 remortgages completed – 11.2% more than in 2017. The £27 billion of new lending in the year was 11.6% more than in 2017. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** bridging finance loans in london, bridging finance loans london, building finance, UK Residential Development Finance --- ### [The CIRCLE SQUARE Project Walks Towards Completion](https://www.hankzarihs.com/circle-square-commercial-finance/) **Published:** February 19, 2019 **Author:** Shiraz Khan **Content:** **Commercial Finance News**:- Bruntwood Estates Limited and Select Property Group would be soon coming up with a fully developed new project in Greater Manchester. This project will be developed on the site- Former Bbc Site New Broadcasting House, Oxford Road, Manchester, Greater Manchester, M60 7HB. According to the granted project plan, the construction would develop 2 structures of 36 storeys each with 1 storey below the ground. This building would feature a total of 411 units for residential as well as commercial use. The residential space will comprise of 150 one bed houses, 228 two bed houses, and 33 three bed houses. [![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## Commercial Finance – **HANK ZARIHS ASSOCIATES** The **commercial space** of the building will consist of a gym, media area, and offices. Apart from that, there would also be space for a private dining area. The entire project will be developed on a site area and floor area of 8039 square meters and 1467 square meters respectively. The whole construction work for this project is estimated to value at £135 M. **HZA** is ready to lend a helping hand and support the developers and investors of the CIRCLE SQUARE Project with relevant loans and funding. As per the confirmed reports, the client group of this project, Bruntwood Estates Limited, and Select Property Group had started the construction work for this new build back in December 2017. The entire development work is estimated to get completed by December 2019, over a total period of 24 months. The architect group of this project consists of Feilden Clegg Bradley Architects as the lead architect, Deloitte Real Estate as the planner, Jones Lang Lasalle as the agent, Planit IE as the landscape architect, and Appleyard & Trew Head Office as the quantity surveyor. The consultant group of the project consists of Crookes Walker Consulting and Curtins Consulting Limited. The management group of the project consists of Ridge & Partners LLP, who is working as the project manager. The investors and developers of the CIRCLE SQUARE Project can easily avail fast and hassle-free capital from **HANK ZARIHS ASSOCIATES** to make this real estate construction a huge success. Moreover, with the infrastructure loans and funds from **HZA**, they can get the maximum return on their investment. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** commercial bridge loans, Commercial finance, Commercial Refurbishment Loans, Fast Commercial Bridging Loans --- ### [Planning Appeal Inquiry Times Could be Cut by Five Months or More](https://www.hankzarihs.com/online-property-finance-hza/) **Published:** February 18, 2019 **Author:** Shiraz Khan **Content:** **Online Property Finance News:**– Better use of technology and appointing inspectors quicker could cut the average time for planning appeal inquiries by nearly half, according to the findings of an [independent review](http://www.gov.uk/government/news/appeal-decisions-could-be-cut-by-5-months). Proposals included launching a new online planning appeal portal for appeal submissions and recruiting more inspectors so inquiries could be held sooner. [![Building Finance](https://www.hankzarihs.com/wp-content/uploads/2018/03/3-Banner.gif "3-Banner - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## Online Property Finance At present the average time for appeal inquiry decisions is 47 weeks and the review suggests this could be reduced to 26 weeks. Review chair, economist Bridget Rosewell praised the planning inspectorate for the quality of decisions made but said the process could be made more efficient. “My review found, with commitment for all involved, that speeding up inquiries can be achieved through straightforward reforms, shaving months off the current time it takes for inspectors to make a decision.” **Hitting the ground running** The review wants to see earlier engagement by all parties and certainty over time scales within seven weeks after the appeal start letter. It recommends inspector case management directions about initial preparations and setting out of evidence should happen within eight weeks of the start letter. Communities secretary, James Brokenshire welcomed the findings. “Reducing the time it takes to secure crucial decisions ensures the delivery of more homes, in the right places, and will help us reach our ambition of 300,000 new homes a year by the mid-2020s.” The Home Builders Federation said it would have liked the review ‘s remit to have been wider. Planning director Andrew Whitaker said: “Whilst we fully support calls for speeding up the appeals system, it is unfortunate this review only looked at public inquiries and not all appeals. Speeding up the system will be key to the industry’s ability to deliver even more homes in the future and hitting government targets.” On average, about 315 planning appeals a year are the subject of an inquiry comprising 2 per cent of the total number of planning appeal decisions. In 2017-18 over 42,000 residential units were included in inquiry appeal schemes, of which just over 18,600 units were approved. This represents 5.4 per cent of the 347,000 total approved residential units in the year 2017-18. [Property development finance experts](https://www.hankzarihs.com/development-finance/) support the idea of faster appeal inquiry decisions and hope the current review’s proposals will make a difference. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** bridging loans london, Development Finance, Development Finance Lenders, online Property Finance, UK Residential Development Finance --- ### [Cracks in Planning System Set to Hinder New Homes Expansion](https://www.hankzarihs.com/bridging-loans/) **Published:** February 16, 2019 **Author:** Shiraz Khan **Content:** **Bridging Loans News:-** Local planning authorities will struggle to deal with targets to build an average of 300,000 new homes a year from the mid 2020s, warns the National Audit Office, NAO. The organisation’s [Planning for New Homes](http://www.nao.org.uk/wp-content/uploads/2019/02/Planning-for-new-homes-Summary.pdf) report highlights a catalogue of weaknesses in the planning system. It notes only 44 per cent of authorities having a local plan for new house builds that is less than five years old. [![Building Finance](https://www.hankzarihs.com/wp-content/uploads/2018/03/3-Banner.gif "3-Banner - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) NAO head** **Amyas Morse, said: “It is clear the planning system is not working well. The government needs to take this much more seriously and ensure its new planning policies bring about the change that is needed.”** ## **Bridging Loans- Developers in the driving seat** The NAO warned that without a local plan there was a danger of councils losing control and giving developers the freedom to build where they wanted. The report also flags up a 15 per cent cut in the number of local planning staff from 2006 to 2016. It said local councils were processing applications within timescales but there had been an increase in time extensions to hit deadlines. Other stresses in the system include the 38 week average it takes for the planning inspectorate to determine an informal hearing or inquiry-based housing appeal. Back in 2013-14 the average time to determine an appeal was 30 weeks. The NAO called on the Government to monitor the changes brought in with its [revision](http://www.gov.uk/government/collections/revised-national-planning-policy-framework) of England’s national planning policy framework in July 2018. ### **Planning system needs cash boost** [British Property Federation](http://www.bpf.org.uk) real estate policy director, Ian Fletcher, called for more resources for planning at a local level. “Planning has seen some of the most severe reductions in spending in recent local government cuts. If we want the quality homes and well-designed places the public needs, then this year’s spending review needs to deliver real increases in funding for local government and planning. Against the backdrop of Brexit, it is also more important than ever that Government invests in growth at home,” he said. #### **Tougher infrastructure strategy needed** The Audit’s report was also critical about the system for developers contributing to infrastructure costs. It noted companies had been able to renegotiate final agreed sums on the basis that they were unable to make profits. “Contributions agreed with developers slightly decreased between 2011-12 and 2016-17, despite house prices in England increasing by 31per cent and profit margins of top developers increasing. If developers do not contribute, either less infrastructure is built or local authorities or central government must pay more,” said the report. ##### **Market for over 55s under-developed** Retirement homes developer Audley Group said the Government’s housing delivery plan was flawed as it focussed on building more new homes rather than releasing existing ones. [Audley Group](http://www.audleyvillages.co.uk) chief executive officer Nick Sanderson said: “Yes we need more housing supply. But we can do that by ending house-blocking. By freeing up family homes that already exist we can prevent the property market grinding to a complete standstill, and people houses to live in.” Sanderson pointed to the fact that two out of five UK homes are under-occupied due to lack of quality accommodation for older people to move into. “If we truly want to kick-start movement in the market and create that ‘property-owning democracy’, we need to end the in-fighting and indecision, stop plastering over the cracks and invest in quality housing options for the older generation.” Audley Group recently teamed up with Knight Frank finance to introducing [bridging loans](http://www.hankzarihs.com) so older people can move into retirement homes while waiting for the sale of their existing property. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** bridging finance loans in london, bridging finance loans london, Bridging Loans, Commercial property loan --- ### [New Private Housing Builds Feels Winter Chill](https://www.hankzarihs.com/new-private-housing-builds-feels-winter-chill/) **Published:** February 15, 2019 **Author:** Shiraz Khan **Content:** **Equity Financing News:-** New private residential developments fell by 6.8 per cent in December 2018 compared with the previous month, reveals [Office of National Statistic](http://www.ons.gov.uk/businessindustryandtrade/constructionindustry/datasets/outputintheconstructionindustry) data. Overall new house building, including public sector, dipped by 4.3 per cent with a decrease of 3.2 per cent on the same month for the previous year. [![Building Finance](https://www.hankzarihs.com/wp-content/uploads/2018/03/3-Banner.gif "3-Banner - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## **Equity Financing- Latest dip in figures is likely to be short-lived** [House Builders Federation](http://www.hbf.co.uk) communication director, Steve Turner, said: “We have seen an unprecedented 78 per cent increase in housing supply in the past four years, whilst planning permissions granted are at record levels. Forward looking indicators suggest we will see continued increases in housing output in the coming years, though clearly these are subject to an extent on a level of economic stability.” The final quarter of 2018 showed a marginal 0.4 per cent increase compared with the previous quarter for new private housing. Comparing the final quarter of 2018 with the previous year’s fourth quarter, there was a moderate 3.2 percent rise. Government targets for 300,000 new homes to be built a year from the mid 2020s, with a push for local authorities in areas of high housing demand to grant applications, is expected to boost the sector. Demand for [residential development loans](http://www.hankzarihs.com) is predicted to mirror future growth in private house building. ### **Industrial New Build Rises** Commercial industrial new build saw a 3.7 per cent month on month increase for December 2018 while private commercial building saw a 1.2 per cent dip in activity. Private commercial construction also showed a year on year decrease of 4.6 per cent for the month of December and a year on year decrease for October to December of 3.6 per cent. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Development and Refurbishment Finance, equity financing, Fast Commercial Bridging Loans, UK Residential Development Finance --- ### [UK House Prices Show Suppressed Growth – HZA](https://www.hankzarihs.com/building-finance-hza/) **Published:** February 14, 2019 **Author:** Shiraz Khan **Content:** **Building Finance News**:-Average house prices in the UK rose by just 2.5 per cent in December 2018 held back by an annual fall in London prices of 0.6 per cent, reveal [Office of National Statistics](http://www.gov.uk/government/publications/uk-house-price-index-summary-december-2018/uk-house-price-index-summary-december-2018) data. [![Building Finance](https://www.hankzarihs.com/wp-content/uploads/2018/03/3-Banner.gif "3-Banner - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## Building Finance by HZA The 2.5 per cent rise in December brings the average price of a house in the UK to £230,776*.* The modest increase was 0.2 per cent lower than November’s 2.7 per cent rise. London had the lowest house price rise of just 0.1 per cent, although the average house price of £473,822 is still streets ahead of anywhere else. Bank of England figures show mortgage approvals for house purchases edged down further in December reaching an 8-month low of 63,793. EY ITEM Club chief economic advisor Howard Archer, said: “The fundamentals for house buyers currently remain challenging. Consumers have faced an extended squeeze on purchasing power, which is only gradually easing. In addition, housing market activity remains hampered by fragile consumer confidence and a limited willingness to engage in major transactions.” ## **Regions See Prices Surge** But there was positive news outside London with average prices in the West Midlands growing by 5.2 per cent over the year bringing the average price tag for a home to £200,388. The largest annual price growth was recorded in Northern Ireland, increasing by 5.5 per cent over the last quarter of 2018, bringing the average house price to £136,669. However, the region is still one of the cheapest places in the UK to live. The average price in Wales increased by 5.2 per cent over the year to £161,845 while Scotland saw house prices increase by 2.4 per cent bringing the average cost of a home to £148,711. ## **Strong Salary Growth a Positive Indicator** Archer said recent real earnings growth, which looks set to continue in 2019, was a positive indication. “High employment is also supportive for the housing market while mortgage interest rates are still at historically low levels and still will be assuming that the Bank of England does raise interest rates gradually and to a limited extent. ” He also predicted suppressed house prices were unlikely to continue given the current shortage of houses for sale. RICS survey data shows new instructions falling for the sixth month running in December and for the 19th time in the last two years. The government’s commitment and extension of the help-to-buy scheme is also seen as a positive sign with developers in a good position to access [building finance](http://www.hankzarihs.com) for such projects. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** bridging finance broker, building finance, Commercial property loan, short term bridging loans --- ### [The CALEB CLOSE PROJECT to Stand Up Tall Soon – HZA](https://www.hankzarihs.com/property-development-finance/) **Published:** February 13, 2019 **Author:** Shiraz Khan **Content:** **Property Development Finance News:-** Bedfordshire is about to witness a brand new construction on the project site Caleb Close, Luton, Bedfordshire, LU4 8DR. By the project scheme and in-depth planning, a structure featuring a total of 233 units would be constructed. As per the revealed confirmed report, these units of the building will give space for 113 one bed houses, 102 two bed houses, and 18 three bed houses. [![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) Apart from all this, there would also be enough space for associated parking, landscaping, and access. The building will provide a total of 186 spaces to be used as parking lots. The entire project will be constructed on a site area of 2.5 Ha. With [**real estate loans**](https://www.hankzarihs.com/development-finance/) and funding from HZA, the developers and investors of the CALEB CLOSE Project will be able to complete the entire construction at an estimated value of £18.1M. ## [**Property Development Finance**](https://www.hankzarihs.com/property-development-finance/) The client of this project, Paradigm Housing Group Limited had started the construction work for this project back on 3rd April 2018. The entire development is estimated to get completed throughout 24 months, with the project ending on 3rd April 2020. The architect group of this project consists of HFP Architects as the lead architect of the construction. The consultant group of the project consists of Chiltern Design Limited, working as the Civil Engineer, Croft Transport Consultants, working as the Transport Consultants, Opus International Consultants (UK) Limited, working as the Flood Risk Assessment Consultant, and Environmental Noise Solutions Limited, working as the Acoustic Consultant. The contractor of this project is Key Partnership Homes. The developers and investors of the CALEB CLOSE Project can avail easy and hassle-free capital from [**HZA**](https://www.homesgofast.com/Home-and-Decor/uk/blog/increasing-your-property-saleability-with-design-features) for making their infrastructure goal a huge success. HZA is very excited about this project in England and is ready to lend all possible support so that this construction can stand up tall on the grounds of Bedfordshire. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** commercial mortgage broker, Commercial Refurbishment Loans, london best bridging finance, property development finance --- ### [The CANADIAN EMBASSY Project Enters the Construction Phase](https://www.hankzarihs.com/online-construction-loans-2/) **Published:** February 12, 2019 **Author:** Shiraz Khan **Content:** **Online Construction Loans News:-** A new project, better known as the CANADIAN EMBASSY Project will soon come up on the site 1- 3 Grosvenor Square, Marylebone, London, W1K 4AG, as per the confirmed reports. According to the detailed planning of this project, the construction will develop a single structure of 7 storeys with one storey below the ground. The building will feature a total of 44 units. These units will provide space for residential flats and a gym. [![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## [Online Construction Loans](https://www.hankzarihs.com/online-construction-loans-2/) The building will also provide 53 spaces to be used for parking cars and cycles. The entire construction will cover a total site area of 2700 square meters. **Hank Zarihs Associates** is very excited about this project and is looking forward to offering [**loans and funds**](https://www.hankzarihs.com/equity-joint-ventures/) to the developers and investors. As per the reports, the worth of the entire construction is estimated to be £140M. Lodha Group, the client of the CANADIAN EMBASSY Project, had started the construction work of this new build back in February 2018. The entire project is estimated to get completed by February 2020, over some time of 24 months. The architect group of this project consists of Eric Parry Architects as the lead architect, DP9 Limited as the planner, Savills Plc and Knight Frank LLP as the agent, and City Designer as the landscape architect. The consultant group of the project consists of Hoare Lea Head Office, working as the Mechanical & Electrical Engineer and AKT II, working as the Structural Engineer. The contractor group of the project consists of Mace Limited Head Office, McGee Group Limited, Stanta Limited, and GKR Scaffolding. The investors and developers of the CANADIAN EMBASSY Project can benefit profoundly from the real estate capitals offered by **Hank Zarihs Associates**. [**Hank Zarihs Associates**](https://www.thehouseshop.com/property-blog/making-your-property-more-saleable-with-unique-features/18627) works with the motive to ensure project success through its easy loan policies. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** bridging loans southampton, equity joint venture financing, Online construction loans, property bridging loan, short term loans --- ### [Construction starts for the BATTERSEA POWER STATION, PHASE 2 Project](https://www.hankzarihs.com/online-development-funds/) **Published:** February 8, 2019 **Author:** Shiraz Khan **Content:** The BATTERSEA POWER STATION, PHASE 2 Project will soon be completed, on the site Battersea Power Station, South Lambeth, London, SW8 5BD, as per the confirmed reports. According to the detailed planning of this project, the construction completed which will feature a total of 254 units. These units will grant space to 254 residential apartments some already completed. Moreover, the building will also provide commercial space for offices. Apart from that, there would also be an event space inside the primary hall. The entire construction will cover a total floor area of 58,000 square meters. [![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## Online Development Funds Hank Zarihs Associates is very excited about this project and is looking forward to offering [**loans and funds**](https://www.hankzarihs.com/fast-bridging-finance/) to the developers and investors. As per the reports, the worth of the entire construction is estimated to be £600M. Battersea Power Station Development Company, the client of the BATTERSEA POWER STATION, PHASE 2 Project had started the construction work of this new build back in March 2015. The entire project is estimated to get completed by March 2019, over some time of 48 months. The architect group of this project consists of Wilkinson Eyre Architects Head Office as the lead architect, DP9 Limited as the planner, Battersea Power Station Development Company as the agent, Gardiner & Theobald Limited Head Office as the quantity surveyor, and Speirs and Major as the interior designer. The consultant group of the project consists of Chapman BDSP, working as the Mechanical & Electrical Engineer, and Buro Happold, working as the Structural Engineer. The investors and developers of the BATTERSEA POWER STATION, PHASE 2 Project can benefit profoundly from the real estate capitals offered by HANK ZARIHS ASSOCIATES. **Hank Zarihs Associates** works with the motive to ensure project success through its easy loan policies. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Bridging Finance, bridging loan for property development, cheap bridging loans, Development Finance, online development funds --- ### [The BOORLEY GARDENS PHASE 1 Project Enters the Development Process](https://www.hankzarihs.com/online-development-loan/) **Published:** February 7, 2019 **Author:** Shiraz Khan **Content:** Hampshire is about to witness a brand new construction on the project site N/W Of Boorley Green, Southampton, Hampshire, SO32 2BX. By the project scheme and in-depth planning, a structure featuring a total of 301 units would be constructed. As per the revealed confirmed report, these units of the building will give space for 10 one bed houses, 79 two bed houses, 129 three bed houses, and 83 four bed houses. [![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) Apart from all this, there would also be enough space for associated parking, landscaping, access, road infrastructure development, on-site wastewater management works, and drainage networks for surface water. With real estate loans and **funding from Hank Zarihs Associates**, the developers and investors of the BOORLEY GARDENS PHASE 1 Project will be able to complete the entire construction at an estimated value of £30.1M. ## Online Development Loan The client group of this project, Miller Homes Southern Limited and Gleeson Developments Limited had started the construction work for this project back in the third quarter of 2018. The entire development is estimated to get completed throughout 36 months, with the project ending in the third quarter of 2021. The architect group of this project consists of AAP Architecture Limited as the lead architect, Terence O’Rourke Limited as the planner, and ACD Environmental as the landscape architect. The consultant group of the project consists of PFA Consulting, working as a civil engineer and Floor Risk Assessment Consultant for the project. The management group of the project consists of Terence O’Rourke Limited who is working as the project manager. The contractor of this project is the client, Miller Homes Southern Limited. The developers and investors of the BOORLEY GARDENS PHASE 1 Project can avail easy and hassle-free capital from [**Hank Zarihs Associates**](https://www.hankzarihs.com/) for making their infrastructure goal a huge success. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** London Bridging Finance, Non status Briding Loans Uk, Online development loan, property refurbishment finance --- ### [The AUSTRALIA ROAD WHITE CITY Project Receives Permit to Proceed](https://www.hankzarihs.com/property-bridging-loan-hza/) **Published:** February 6, 2019 **Author:** Shiraz Khan **Content:** **Property Bridging Loan News:-** ARK Schools will be soon coming up with a fully developed new project in London. This project will be developed on the site Ark Swift Primary Academy, Australia Road, White City Estate, Shepherds Bush, London, W12 7PT. According to the granted project plan, the construction would develop four structures of 9 storeys each with 1 storey below the ground. [![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## [Property Bridging Loan](https://www.hankzarihs.com/property-bridging-loan-hza/) by HZA This building would feature a total of 132 units for residential as well as commercial use. The residential space will comprise 55 one bed houses and 77 two bed houses. The commercial space of the building will consist of a nursery, primary school, and center for adult education. The entire project will be developed on a site area and floor area of 1.45 Ha and 19985 square meters respectively. The whole construction work for this project is estimated to value at £90M. [**Hank Zarihs Associates**](https://www.hankzarihs.com/2nd-charge-bridging-loans/) is ready to lend a helping hand and support the developers and investors of the AUSTRALIA ROAD WHITE CITY Project with relevant loans and funding. As per the confirmed reports, the client of this project, ARK Schools will start the construction work in the first quarter of 2019. The entire development work is estimated to get completed by the first quarter of 2021, over a total period of 24 months. The architect group of this project consists of Sheppard Robson as the lead architect, Gerald Eve (Head Office) as the planner, BPL Architecture as the landscape architect, and Gleeds UK Head Office as the quantity surveyor. The consultant group of the project consists of Sweco, MPN UK Limited, Systra UK, and Mason Navarro Pledge. The management group of the project consists of Gleeds UK Head Office as the project manager. The investors and developers of the AUSTRALIA ROAD WHITE CITY Project can easily avail fast and hassle-free capital from HZA to make this real estate construction a huge success. Moreover, with the infrastructure loans and funds from [**HZA**](https://www.finance-monthly.com/2018/11/development-finance-is-the-biggest-hitch-for-building-boom/), they can get the maximum return on their investment. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** bridging loan for property development, commercial mortgage broker, property bridging loan, property developer finance --- ### [Planning Granted For the ASCOT ROAD, WATFORD Project](https://www.hankzarihs.com/online-construction-loans/) **Published:** February 4, 2019 **Author:** Shiraz Khan **Content:** **Online Construction Loans:-** Watford is about to witness a brand new construction that will begin in a few months on the project site E/O Ascot Road, Watford, Hertfordshire, WD18 8AD. This project is said to construct houses, retail, and community center. By the project scheme and in-depth planning, a single structure of 23 storeys will be constructed. This structure would be standing on a site area and floor area of 1.58 Ha and 533 square meters respectively. As per the revealed confirmed report, the building will have a total of 485 units for residential as well as commercial purposes. [![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## Online Construction Loans The residential units of the building will grant space for 252 one bed houses, 208 two bed houses, and 25 three bed houses. The commercial units of this structure will provide space for retail store and restaurant with kitchen. Apart from that, there would be a total of 185 spaces to be used for parking. With real estate loans and funding from HZA, the developers and investors of the ASCOT ROAD, WATFORD Project will be able to complete the entire construction at an estimated value of £50.7M. The client group of this project, Orion Land And Leisure And KPP Trustee Limited will start the construction work in the first quarter of 2019. The entire development is estimated to get completed throughout 24 months, with the project ending in the first quarter of 2021. The architect group of this project consists of ESA Design Limited as the lead architect and JLL as the planner. The consultant group of the project consists of Capita Symonds and Markides Associates. The contractor of this project is Henry Construction Projects Limited. The developers and investors of the ASCOT ROAD, WATFORD Project, can avail easy and hassle-free capital from Hank Zarihs Associates for making their infrastructure goal a huge success. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** commercial bridge loans, commercial mortgage broker, Online construction loans, short term bridging loans --- ### [ACTON GARDENS- PHASE 6 Project, Granted Sanction to Proceed](https://www.hankzarihs.com/online-finance-hza/) **Published:** February 2, 2019 **Author:** Shiraz Khan **Content:** **Online Finance News:-** Acton Gardens LLP will be soon coming up with a fully developed new project in Acton, London. This project will be developed on the site Phase 6 The South Acton Estate, Bollo Bridge Road, Acton, London, W3 8AT. According to the granted project plan, the construction would develop 2 structures of 10 storeys each with 1 storey below the ground. This building would feature a total of 308 units for residential as well as commercial use. The residential space will comprise 104 one bed houses, 161 two bed houses, 37 three bed houses, and 6 four bed houses. [![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## Online Finance by HZ Associates The commercial space of the building will consist of café, food store, retail unit, doctors’ clinic, nursery, offices, youth center, and community center. Space would also be granted for associated access, parking, and landscaping. The entire project will be developed on a site area and floor area of 16 Ha and 4322 square meters respectively. The whole construction work for this project is estimated to value at £80M. [**HZA**](https://www.hankzarihs.com/refurbishment-finance/) is ready to lend a helping hand and support the developers and investors of the ACTON GARDENS- PHASE 6 project with relevant loans and funding. As per the confirmed reports, the client of this project, Acton Gardens LLP had started the construction work back in March 2017. The entire development work is estimated to get completed by March 2020, over a total period of 36 months. The architect group of this project consists of Levitt Bernstein as the lead architect and landscape architect, Terence O’Rourke as the planner, and Acton Gardens LLP as the quantity surveyor. The consultant group of the project consists of Mendick Waring and Colin Toms & Partners. The management group consists of Acton Gardens LLP as the project manager. The investors and developers of the ACTON GARDENS- PHASE 6 project can easily avail fast and hassle-free capital from HZA to make this real estate construction a huge success. Moreover, with the **infrastructure loans** and funds from **HZA**, they can get the maximum return on their investment. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** best bridging loans, commercial bridge loans, online finance, short term bridging loans --- ### [Green Flags Up for ACTON GARDENS – PHASE 9.2 Project](https://www.hankzarihs.com/best-bridging-finance/) **Published:** February 1, 2019 **Author:** Shiraz Khan **Content:** **Best Bridging Finance:-** A new project, better known as ACTION GARDENS- PHASE 9.2 will soon come up on the Remaining Area Of Acton Gardens, South Acton Estate, Acton, London, W3 8TQ, as per the confirmed reports. According to the detailed planning of this project, the construction will develop a structure of 15 storey, featuring a total of 203 units. The units of the building will give space to 66 one bed houses, 112 two bed houses, 21 three bed houses, and 4 four bed houses. Apart from that, the building will also grant play space, retail space, and additional space for parking, associated access, and landscaping. [![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) This project will be an entirely new build constructed on a total site area of 13.61 Ha. [**HZ ASSOCIATES**](https://www.hankzarihs.com/fast-bridging-finance/) is very excited about this project and is looking forward to offering loans and funds to the developers and investors. As per the reports, the worth of the entire construction is estimated to be £20M. ## [Best Bridging Finance](https://www.hankzarihs.com/best-bridging-finance/) by HZA Countryside Properties (UK) Limited Head Office and London & Quadrant Housing Trust (Head Office), the client group of the ACTION GARDENS- PHASE 9.2 project will start the construction work of this new build in late February 2019. The completion date of the project has not yet been specified. The architect group of this project consists of Allies & Morrison Urban Practitioners as the lead architect, Barton Willmore as the planner, and LUC as the landscape architect. The consultant group of the project consists of Colin Toms & Partners. The contracting responsibility for the project has been taken up by the client Countryside Properties (UK) Limited Head Office itself. The investors and developers of the ACTION GARDENS- PHASE 9.2 project can benefit profoundly from the real estate capitals offered by HZA. [**HZA**](http://www.stockhouse.com/blogs/uk-real-estate-blog/november-2018/short-guide-to-buying-property-in-the-uk) works with the motive to ensure project success through its easy loan policies. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** best bridging finance, bridging loans southampton, Commercial property loan, equity joint venture financing --- ### [Prefab Homes Set to Become the Answer to UK’s Housing Shortage](https://www.hankzarihs.com/uk-housing-loan/) **Published:** January 31, 2019 **Author:** Shiraz Khan **Content:** **UK Housing Loan:-** The UK seems to be dragging its heels when it comes to building homes off-site while Canada, Japan and Scandinavia have enthusiastically embraced the concept. We’ve been reluctant to stray from the comfort of solid bricks and mortar to timber framed homes where kitchen or bathroom modules are built in factories and slotted in. [![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) Perhaps it’s that negative memory of post World War Two prefabs hastily put up in the 50s and 60s to solve our housing crisis. They were only meant to be temporary but lingered on well past their sale by date looking tatty and dilapidated. More worryingly they were found to be made or clad with cement board containing asbestos. ## **The Tide is Turning** However, prefab construction is set for a massive renaissance in the wake of the current housing shortfall and the Government’s target of 300,000 new homes each year up to 2023. There’s also a labour shortage time bomb ticking in the construction industry. The majority of brick-layers, joiners and electricians are in their 50s – dangerously close to hanging up their hats with a lack of fresh blood behind them. A House of Lords inquiry published in July 2018 came out overwhelmingly in favour of off-site construction two years after the Harmer Review **[Modernise or Die](http://www.constructionleadershipcouncil.co.uk/wp-content/uploads/2016/10/Farmer-Review.pdf)**. The general verdict was the advantages of prefabs outweighed any drawbacks. The pluses included higher quality construction, addressing skills shortages, improving sustainability and helping to create regional jobs. At the moment it’s estimated off-site building accounts for just 2 per cent of residential construction. However, this looks set to change with major players investing in the market such as **Legal & General Modular Homes** which launched its 550,000 sq ft factory in the Leeds area in 2017. The company told Radio 4’s *In Business* programme it plans for the factory to produce 3500 homes a year. **Ilke Homes** too has recently set up a 25,000 square metre factory in north Yorkshire recruiting 250 people in 2018 to work there. Individuals who might not necessarily have considered a career in building, including women, are now part of the workforce. It takes about three months to train a new recruit to become a confident employee. Ilke and Legal & General argue once standardisation comes in to cover this type of building it will deliver efficiency and make the supply chain less fragmented. There is also the benefit that building can continue no matter how bad the weather. Off-site construction particularly lends itself to hotel developments and student accommodation where hitting deadlines are more important than creating an iconic building such as The Shard. It’s also not appropriate for converting grade 2 listed buildings into residential developments. However, it is good for high security sites or urban locations where it’s important to keep movements on-site to the minimum. ## **UK Housing Loan- Fabulous Prefabs** What about residential developments? Are consumers likely to be more picky and less enthusiastic about homes that could look more like dolls houses than solid buildings? Regeneration developer **Urban Splash** prides itself on delivering places to live which are design-led and give the customer greater choice. The company built its first 43 home off-site development in Manchester back in 2016 and currently a third of the properties it builds are produced this way. Urban Splash Associate director, Chris Shaw, explains: “Our modular products are different. They allow us to be flexible in what we can offer the customer. You can configure your own home as we have three different layouts for each floor from the ground floor to the third. We sell space – the number of bedrooms varies – it’s up to the purchaser.” He adds that Urban Splash homes have high 2.7 metre ceilings and windows up to a third larger than industry averages. “Between projects we looked at where existing customers were moving to and rather than buying new build they were going for Georgian or Victorian houses.” The homes have cross laminated timber frames with structurally insulated panels and also a mechanical ventilation and heat recovery system. Currently the £100 cost per square ft doesn’t make it cheaper than traditional methods but cost savings are expected in the future. It typically takes 15 days from the raw materials to be delivered to the factory for the pods to be produced with a ‘zip-up’ time to assemble on site of a couple of weeks. Shaw said in the next five years the company hopes to produce three quarters of its new builds this way. It now has its own factory after buying its East Midlands modular supplier SIG Building Systems in March 2018. **Click Properties** has harnessed off-site construction to minimise disruptions for building a number of up-market roof top apartments in central London. The company is also trying to change opinion that prefab are ugly. Marketing, sales and communication head Anthony Moubarak says: “Our business model is to sell and we have to make them attractive. In high value places you can’t deliver boxes that look like toys.” ### **Planning from the Outset** Building this way is not an easy option as everything has to be calculated exactly beforehand. Managing director Aaron Emmett says: “You have to plan to the nth degree. In traditional building you make decisions later.” Roof top developments have to be extremely accurate with the importance of commissioning architects who are experts in building this way. When it comes to measurements there are practicalities as to whether the module can be transported down the street. If it’s wider than 3.5 metres then a police escort is needed. Elements like this are what will keep off-site construction under control.” There are also some property development finance stumbling blocks especially with risk averse credit committees of major banks. “The banking and financial sector is behind the curve. They haven’t quite got their heads round it. The risk profile is different from what they have seen in the past due to asset finance.” Emmett explains that traditionally building materials turn up in a truck and a quantity surveyor would tick them off everything from screws to plaster as it arrived on site. They would be paid for upfront for projects with long lead in times and vesting certificates issued. “Now you have to think differently. The quantity surveyor has to go to the factory and understand what is happening and say what has been built. And what happens if the factory goes bankrupt between them producing the unit and it arriving on site?” Emmett argues the solution is to visit the factory look at its balance sheet, order book, parent guarantees and through put. He points out that traditional JCT, Joint Contracts Tribunal, agreements have ‘step in’ rights allowing the bank to take over and employ sub-contractors to complete the project. He describes off-site construction as a “grey area” if the factory goes bust as to who can finish the development. “These rights need to be drafted differently for companies using modern methods of construction. This is really nitty-gritty detail and this is why there are some limits on the sector.” He maintains the answer is for the sector to develop a system of standards that everyone can refer to and rely on. However, the introduction of **[BOPAS](http://www.bopas.org)**, build offsite property assurance scheme, certification to guarantee a lifespan of at least 60 years for prefabs has helped. Shaw adds: “There’s an education element. You have to spend time with lenders but the more off-site is done in the future, the more normal it will become.” ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects, Uncategorized **Tags:** commercial loan providers, property development finance, Property Development Loan, UK Housing Loan --- ### [Property Transactions Drop Slightly in 2018 but 2019 Expected to be Better](https://www.hankzarihs.com/commercial-property-finance/) **Published:** January 30, 2019 **Author:** Shiraz Khan **Content:** **Commercial Property Finance News:-** The latest figures from HMRC show sales volumes dipping marginally both for residential and commercial properties in 2018. The provisional seasonally adjusted number of UK home sales in December was 102,330 – a 0.1 per cent drop compared with the previous month. However, this figure was 3.6 per cent higher compared with December 2017. [![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## **Glimmer of Residential Hope** Some residential mortgage lenders seized on this as a reflection of the surprise comeback of first-time buyers. [**OneSavings Bank**](http://www.osb.co.uk/) sales director, Adrian Moloney, said: “Slowing house price growth, competitive mortgage deals, ‘help to buy’ and stable wage growth has meant that those who were previously locked out of the property market are now able to get onto the ladder. This in turn is starting to help unlock property chains.” But he added that a shortage of housing stock on the market would hold back a real “uptick” in new purchases. “Brexit uncertainty, changes to the taxation of landlords and a limited housing stock remain issues for the market to contend with,” he said. The annual number of residential transactions in 2018 stood at 1,192, 890 compared with 1,223, 410 the previous year. ## **Commercial Property Finance – Commercial Sales Rally** Commercial property transactions showed a slightly better performance with a total of 11,230 for December 2018. The month’s seasonally adjusted estimate was 5.5 per cent higher than in November and was 5.4 per cent higher than the December 2017. However, provisional estimates of total transactions in 2018 of 125, 330 is marginally down on 2017’s figures of 128, 520. Commercial property [finance brokerage Hank Zarihs Associate’s](https://www.hankzarihs.com/) chief executive, Shiraz Khan said he was optimistic about 2019. “We’ve had a healthy number of inquiries for finance from developers who are clearly starting the New Year ready to hit the ground running after successfully selling their units on earlier schemes.” Industry experts are expecting this year’s figures to be better than last year where severe weather conditions impacted on sales in the first quarter of 2018. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** commercial mortgage broker, commercial property finance, Commercial property loan, property bridging loan --- ### [New House Building Held Back by Lending Squeeze](https://www.hankzarihs.com/property-development-finance-uk/) **Published:** January 29, 2019 **Author:** Shiraz Khan **Content:** **Property development finance News:-** More than three quarters of surveyors, 78 per cent, claim building activity is being restricted due to difficulties gaining finance, according to the Royal Institution of Chartered Surveyors’ figures. [![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) The organisation’s construction and infrastructure **survey** for the final quarter of 2018 reveals lending as a major issue. More than a fifth of respondents reported a deterioration of credit conditions over the last quarter with an even higher proportion were pessimistic about prospects for the next three and 12 months. **Property development finance tightens for new builds in the capital** Senior economist Jeffrey Matsu said: “SMEs are finding it more difficult to gain access to traditional source of loans. Banks are becoming more risk adverse. In central London the housing market is past its peak and as a result lenders are becoming more cautious in terms of providing finance for more residential developments.” Concerns about planning delays and restrictive legislation levelled out over 2018 and were in line with the average over the past six years. Respondents reported a 20 per cent increase in private housing with a net balance of 14 per cent in the public sector for the fourth quarter of 2018. RICS attributes this to the government scrapping the £1 billion borrowing cap for the **housing revenue account** back in October. **Housing confidence strong in the North** One tenth of respondents said business enquiries for new housing projects had increased over the last three months of 2018 compared with 24 per cent for the previous quarter. Over the past three months, new business enquiries were strongest in the North with 24 per cent reporting increases and weakest in Northern Ireland with 21 per cent citing decreases. Expectations for workloads and hiring in 2019 are the most resilient in Scotland with net positive balances of 38 per cent and 31 per cent, respectively. London and the South East were the regions expected to be particularly affected by a deceleration of private sector housing, commercial and industrial sub-sectors. Growth in repair and maintenance work remained ‘modestly positive’. Infrastructure activity remained steady with a net balance of 18 per cent seeing a rise in workloads over the quarter. The pace of growth in output was particularly resilient in roads, rail and energy, with rail and energy experiencing the sharpest increase in two years. **Property development finance:-** Shortage of skilled labour continues to pose a challenge for half of respondents, particularly with professional services such as quantity surveying. Nearly two thirds said that sourcing professionals from the EU were not important to hiring surveyors. More than two thirds said education and training within the UK would be the most effective solution, compared with 15 per cent quoting immigration. Tender price expectations over the next 12 months are expected to be squeezed with 51 per cent and 40 per cent more respondents envisaging greater price pressures in building and civil engineering. The expected increase reflects higher input costs and ongoing competitive bidding pressures for businesses. Expectations on industry profit margins have been flat for the second consecutive quarter in Q4 2018. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** equity joint venture financing, funding property development Finance, House Building Finance, UK Residential Development Finance --- ### [Green Flags Up for PRITTLEBROOK INDUSTRIAL ESTATE, PROJECT EKCO](https://www.hankzarihs.com/online-development-loan-prittlebrook/) **Published:** January 19, 2019 **Author:** Shiraz Khan **Content:** **Online Development Loan:-** A new project with the name PRITTLEBROOK INDUSTRIAL ESTATE, PROJECT EKCO will soon come up on the construction site Prittlebrook Industrial Estate, Priory Crescent, Southend on Sea, Essex, SS22 8QP, as per the confirmed reports. According to the detailed planning of this project, the construction will develop a total of 2 structures. These two buildings of 3 storeys each will feature 231 units, giving residential space for 17 one bed houses, 111 two bed houses, 70 three bed houses, and 33 four bed houses flats. [![](https://www.hankzarihs.com/wp-content/uploads/2018/03/Banner-V3_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## Online Development Loan The buildings will also grant enough space for parking, access, and landscaping works. This project will be an entirely new build constructed on a total site area of 7.29 Ha. [**Hank Zarihs Associates**](https://www.hankzarihs.com/equity-joint-ventures/) is very excited about this project and is looking forward to offering loans and funds to the developers and investors. As per the reports, the worth of the entire construction is estimated to be £23.1M. Bellway Homes (Essex) Limited, the client group of the PRITTLEBROOK INDUSTRIAL ESTATE, PROJECT EKCO had started the construction work of this new build back in March 2016. The entire construction has been planned to get covered throughout 36 months, ending in March 2019. The architect group of this project consists of Robert Hutson Architects as the lead architect and Savills Plc as the agent. The consultant group of the project consists of Ardent Consulting Engineers, the civil engineer and BBS Environmental, the sustainability consultant. The contracting responsibility for the project has been taking up by the client Bellway Homes (Essex) Limited itself. The investors and developers of the PRITTLEBROOK INDUSTRIAL ESTATE, PROJECT EKCO, can benefit profoundly from the real estate capitals offered by **Hank Zarihs Associates**. [**HZ Associates**](http://www.stockhouse.com/blogs/uk-real-estate-blog/november-2018/short-guide-to-buying-property-in-the-uk) works with the motive to ensure project success through its **[easy loan policies](https://www.hankzarihs.com/fast-bridging-finance/)**. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Bridging Finance-solutions, Online development loan, Property bridge and development loans, Property Development Loan --- ### [Planning Granted For the ONE PALACE STREET, WESTMINSTER](https://www.hankzarihs.com/real-estate-loans-one-palace-street/) **Published:** January 18, 2019 **Author:** Shiraz Khan **Content:** **Real Estate Loans News**:- Westminster is about to witness a brand new construction coming up in few months on the project site 1 Palace Street & 1-3 Buckingham Gate, Westminster, London, SW1E 6JP. This project has been named as the [**ONE PALACE STREET**](https://www.youtube.com/watch?v=iqUPEug_ZGU) project. By the project scheme and in-depth planning, a single structure of 6 storeys will be constructed with three storeys below the ground. This structure would be standing on a site area and floor area of 4000 square meters and 360 square meters respectively. As per the revealed confirmed report, the building will have a total of 72 units for residential purposes. [![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## Real Estate Loans- HZA Apart from that, space would also be there for building commercial units such as restaurants. The structure would also feature a parking area with 72 spaces. With [**real estate loans**](https://www.hankzarihs.com/equity-joint-ventures/) and funding from **HZ Associates**, the developers and investors of the ONE PALACE STREET project will be able to complete the entire construction at an estimated value of £90 Million. The client group of this project, Northacre Plc started the construction in June 2016, and the entire development is expected to get completed by June 2019, over a total period of 36 months. The architect group of this project consists of PDP London and Squire and Partners as the lead architects, GVA Grimley Limited as the planner, and Arcadis LLP Head Office as the Quantity surveyor. The consultant group of the project consists of Hoare Lea and Aecom. The Management group of the project consists of Palace Revive Development Limited as the project manager and Arcadis LLP Head Office as the CDM coordinator. The contractor of this project is Balfour Beatty Group Limited Head Office. The developers and investors of the **ONE PALACE STREET** project can avail easy and hassle-free capital from [**HZ Associates**](https://www.finance-monthly.com/2018/11/development-finance-is-the-biggest-hitch-for-building-boom/) for making their infrastructure goal a huge success. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** commercial loan providers, Property development finance explained, real estate loans, uk property market forecast --- ### [HADRIANS TOWER – NEWCASTLE UPON TYNE Project, Granted Sanction to Proceed](https://www.hankzarihs.com/online-property-market-newcastle/) **Published:** January 17, 2019 **Author:** Shiraz Khan **Content:** **Online Property Market:-** All Saints Construction Limited will be soon coming up with a fully developed new project in the metropolitan county Tyne and Wear. This project will be developed on the site Hadrians Tower, 27 Rutherford Street, Newcastle Upon Tyne, Tyne And Wear, NE4 5DT. According to the granted project plan, the construction would develop a single structure of 26 storeys. This building would feature a total of 162 units for residential use. This space will comprise of 96 one bed houses and 66 two bed houses flats. [![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## Online Property Market – HZA There would also be some associated landscaping, demolition, and highway works. The entire project will be developed on a site area of 1000 square meters. The whole construction work for this project is estimated to value at £40.5 Million. [**HZA**](http://www.stockhouse.com/blogs/uk-real-estate-blog/november-2018/short-guide-to-buying-property-in-the-uk) is ready to lend a helping hand and support the developers and investors of the HADRIANS TOWER – NEWCASTLE UPON TYNE project with relevant [**loans and funding**](https://www.hankzarihs.com/refurbishment-finance/). As per the confirmed reports, the client of this project, All Saints Construction Limited had started the construction work back in February 2018. The entire development work is estimated to get completed by February 2020, over a total period of 24 months. The architect group of this project consists of Faulkner Browns as the lead architect, DPP One Limited as the planner, and Camlin Lonsdale as the landscape architect. The tender bidder of the project was All Saints Construction Limited, and the contractor of the same is Tolent Construction Limited Head Office. The investors and developers of the HADRIANS TOWER – NEWCASTLE UPON TYNE project can easily avail fast and hassle-free capital from HZA to make this real estate construction a huge success. Moreover, with the infrastructure loans and funds from [**HZ Associates**](https://www.hankzarihs.com/contact-us/), they can get the maximum return on their investment. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** House price in London, Online property market, property refurbishment finance, second charge bridging loans --- ### [FORMER MERLIN WORKS, BATH LANE Gets the Green Signal to Proceed](https://www.hankzarihs.com/former-merlin-infrastructure-loans/) **Published:** January 10, 2019 **Author:** Shiraz Khan **Content:** **Infrastructure Loans News**:-Entirely new construction will soon be standing ready at Bath Lane, Leicester, Leicestershire, LE3 5BE. This project has been named as the FORMER MERLIN WORKS. The contract type of this project is design and build. According to the granted project plan, the construction would develop three structures of 16 storeys each with one storey below the ground. This building would feature a total of 413 units. The [**residential space**](http://www.talkmarkets.com/member/james-helliwell/blog/guide-to-the-bridging-loan-market-and-how-to-apply-for-bridging-loans?post=198774) will provide 280 one bed houses and 133 two bed houses. [![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## Infrastructure Loans by HZA The structure will also grant space for retail units with associated parking and landscaping works. The entire project will be developed on a site area and floor area of 6300 square meters and 336 square meters respectively. The project construction is estimated to value at £50 million. [**HZA**](https://www.hankzarihs.com/) is ready to lend a helping hand and support the developers and investors of the project with relevant loans and funding. As per the confirmed reports, the clients of the FORMER MERLIN WORKS project had begun the development and construction works in August 2018. The project is estimated to end by September 2020, over a total duration on 25 months. The client group of this project consists of Jamie Lewis Residential Lettings, CODE Students, and Leicester Lettings (2016) Limited. The architect group of this project consists of Staniforth Architects Limited as the lead architect and Howes Percival LLP as the planner. The consultant group of the project consists of PRP and ADL Trac Engineering Limited. The management group of the project consists of Jamie Lewis Residential Lettings. The project contractor is Winvic Construction Limited. The investors and developers of the FORMER MERLIN WORKS project can easily avail fast and hassle-free capital from HZA to make this real estate construction work a great success. Moreover, with the [**infrastructure loans**](https://www.hankzarihs.com/former-merlin-infrastructure-loans/) and funds from HZA, they can get an improved ROI. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** infrastructure loans, London Bridging Finance, london property market, property refurbishment finance --- ### [Planning Granted For the NOSS-ON-DART MARINA Project, Devon](https://www.hankzarihs.com/development-loan-online-noss-dart-marina/) **Published:** January 9, 2019 **Author:** Shiraz Khan **Content:** The southwest England County, Devon is about to witness a brand new project, popularly known as the NOSS-ON-DART MARINA. By the project scheme and in-depth planning, the building will be constructed on a site area and floor area of 19.2 Ha and 7855 square meters respectively. As per the revealed confirmed report, the structure will have a total of 39 units, providing residential space for 12 one bed houses, 20 two bed houses, and 7 three bed houses. Apart from that, the building would also grant commercial space for 50 hotel beds. The other **commercial units** that will be developed inside the building are- offices, retail units, industrial units, leisure units, restaurants, pubs, a café, gym, and spa. [![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## Development Loan Online The structure would also feature a parking area with 274 spaces dedicated exclusively for the purpose. The site of the project is Noss-on-Dart Marina, Bridge Road Kingswear, Dartmouth, Devon, TQ6 0EA. With [development loans](https://www.hankzarihs.com/development-finance/) and funding from [Hank Zarihs Associates](https://www.hankzarihs.com/), the developers and investors of the NOSS-ON-DART MARINA Project will be able to complete the entire construction at an estimated value of £75 million. The project client Premier Marina Limited will begin the construction and development work in August 2019 and complete the same throughout 60 months. The entire project is estimated to end by August 2024. The architect group of this project consists of Harrison Sutton Partnership, as the lead architect, CBRE Limited Head Office as the planner, and Lavigne Lonsdale as the Landscape architect. The consultant group of the project consists of CB Richard Ellis Limited as the sustainability consultant, Hamill Davies Limited as the civil engineer, and Hydrock as the transport consultant. The developers and investors of this big project can avail easy and hassle-free capital from **Hank Zarihs Associates** for making their infrastructure goal a huge success. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Development loan online, Joint ventures and business partnerships, non status bridging loans uk, property refurbishment finance --- ### [House prices in the North show promising growth in contrast to the South](https://www.hankzarihs.com/uk-housing-market-news-project/) **Published:** December 27, 2018 **Author:** Shiraz Khan **Content:** **UK Housing Market News:-** Scotland and the North West have bucked the UK trend of slow house price growth showing a year-on-year rises of more than 4 per cent for October, according to figures released this week. Scotland saw a year-on-year house price rise in October of 4.4 per cent bringing the average value of a house to £151,508 compared to £231,095 in the UK, said Registers Scotland. **UK house prices** in October showed a year-on-year rise of 2.7 per cent – the lowest annual growth since July 2013, when **house prices** increased by 2.3 per cent. [![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) **Edinburgh proves a hotspot for residential development sales** Edinburgh has experienced the highest year-on-year price rise of 6.6 per cent for November 2018 bringing the average house price figure to £239,200, according to the Hometrack City Price Index. Registers Scotland reported Glasgow had the biggest percentage increase with an October year-on-year rise of 9.3 per cent taking the average house value to £135,238. Nearby East Dunbartonshire was second with an 8 per cent hike bringing average prices to £218,795 and North Lanarkshire was third with 7.8 per cent increase taking prices to £109,102. ## UK Housing Market News Savills residential research director for Scotland, Faisal Choudhry said both Edinburgh and Glasgow were housing market hubs ripe for growth. “Edinburgh is home to more 100 FTSE companies than any other major city outside London and its strong on banking and insurance and has a large talent base around the university which is known for computer skills and it’s an incubator location for the gaming sector.” He added Glasgow had made a name for itself in sport and entertainment with the SSE Hydro the third largest entertainment arena in the world. “Glasgow is the largest retail centre in the UK outside London and its music, food, sport and education offerings confirms the city’s reputation as an international destination.” Average price increases were recorded in the majority of Scotland’s 27 authorities in October 2018, compared with the previous year but Aberdeen was the exception. Average prices fell by 6 per cent to £156,774 largely due to the city’s dependence on the oil industry. Residential sales in Scotland increased by 9.3 per cent in August 2018 compared with the same month the previous year. **Manchester and Birmingham power ahead** The North West of England was another region which showed significant house price rises of 4.9 per cent in the year up to the end of October 2018, according to Land Registry data. And Hometrack Cities Price Index for November 2018 showed Manchester and Birmingham experiencing year-on-year house price growth of more than 6 per cent. Other cities in the Hometrack index showing strong growth of more than 5 per cent were Nottingham, Liverpool, Leicester and Cardiff. **UK Housing Market News:- London feels the pinch in residential prices** **House prices in London** fell by 1.7 per cent in the year to October 2018 and have been falling over the year each month since July 2018, stated the Land Registry. The Bank of England’s inflation report attributed the slowdown to London being disproportionately affected by regulatory and tax changes plus lower migration from the European Union. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** house prices london 2019, houses prices in UK, property market news, uk housing market news --- ### [Planning Granted For the MANCHESTER NEW SQUARE Project, Manchester](https://www.hankzarihs.com/commercial-property-loans-manchester-project/) **Published:** December 26, 2018 **Author:** Shiraz Khan **Content:** Greater Manchester is about to witness a redevelopment project, popularly known as the MANCHESTER NEW SQUARE project. The site of this project has been planned to be Princess Street, Whitworth Street, Manchester, Greater Manchester, M1 7DG. In accordance with the project scheme and in-depth planning, there will be a total of three structures of 15 storeys each with 4 storeys below the ground. The construction will take place on a site area and floor area of 5300 square meters and 7934 square meters respectively. [![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## Commercial Property Loans – HZA As per the revealed confirmed report, the building will have a total of 351 units, providing residential space for 117 one bed houses, 218 two bed houses, and 16 three bed houses. Apart from that, the building would grant space for commercial units such as offices, retail shops, and restaurants. The structure would also feature 437 spaces to be used as parking areas. With real estate loans and funding from Hank Zarihs Associates, the developers and investors of the MANCHESTER NEW SQUARE Project will be able to complete the entire construction at an estimated value of £80M. The client of the project, Urban & Civic started the construction on 2nd February 2018. The project is estimated to be finished within 24 months, ending on 2nd February 2020. The architect group of this project consists of Simpson Haugh & Partners as the lead architect and Landscape Projects as the landscape architect. The consultant group of the project consists of Ramboll and ROC Consulting. The management responsibility of the project has been taken up by Urban & Civic. The contractor of the project is Lendlease Limited Manchester Office. The developers and investors of the MANCHESTER NEW SQUARE Project can avail easy and hassle-free capital from Hank Zarihs Associates for making their infrastructure goal a huge success. The project’s developers and investors can easily avail capital from HZA for making their infrastructure goal success and obtaining high ROI. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** commercial mortgage broker, commercial property loans, Fast Commercial Bridging Loans, london bridging finance loan --- ### [West End Boom Expected](https://www.hankzarihs.com/commercial-property-sales-west-end-office/) **Published:** December 24, 2018 **Author:** Shiraz Khan **Content:** [**Commercial property sales**](https://www.hankzarihs.com/commercial-property-sales-west-end-office/) in the West End look set to hit £7.5 billion by the end of 2018, delivering a near 10 per cent year-on-year rise. Real estate advisors **[Savills](http://pdf.savills.com/documents/Westendchart19122018.pdf)** reported £172 million was traded across 10 transactions in November with about £1.3 billion of assets currently exchanging in December or under offer. [![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) **Hefty transactions** Seven transactions of more than £250 million, totalling £2.47 billion, occurred in the market in 2018. These deal lots have accounted for 38 per cent of total investments with three further sales of more than quarter of billion, totalling almost £800 million, expected by the end of the year. Savills Head of West End Investment, Paul Cockburn said: “This feels like a surprise given the current mood but again reflects the enduring appeal of well-located real estate and the robust leasing market.” He added: “The property business is still pretty positive. There’s a lot of activity out there and there are people still keen to do business.” So far this year £6.47 billion of assets have been sold with seven transactions of more than £250 million. **Commercial property sales finance demand** Commercial finance broker [**Hank Zarihs Associates**](https://www.europeanproperty.com/news/5-super-home-improvements-to-build-remodel-value-into-your-property-for-2019/) chief executive, Shiraz Khan said: “These figures show that when it comes offices and retail space London is still performing well with a strong appetite for commercial finance to fund some of these bumper transactions.” HZA is always ready for serving real estate developers with the right loan featuring high returns. However, the final £7.5 billion estimate of sales in 2018 is 27 per cent lower than 2014 when sales reached a record £9 billion. Offices generally make up three quarters of the assets with retail space accounting for the remaining quarter. The West End comprises Hammersmith up to Kings Cross, mid down and down to the river Thames. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** commercial bridgning loan UK, Commercial Property Sales, london property market, property development finance News --- ### [Commonwealth Games Athletes Village Gains Approval](https://www.hankzarihs.com/property-development-finance-commonwealth-games/) **Published:** December 22, 2018 **Author:** Shiraz Khan **Content:** **Property Development Finance News:-** A major housing development to host 6,500 athletes in the 2022 Commonwealth Games has been approved by Birmingham City Council. The 1,400 new homes on a former Birmingham University campus site mark the first phase of a major regeneration scheme in Perry Barr. [![Property Development Finance](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner.gif "4-Banner - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## Property Development Finance by HZA The residential development will house games participants and afterwards will offer a mixed tenure of homes for sale, private rent, affordable housing, a retirement village and community centre. Birmingham City Council leader Ian Wards said: “Since we announced our intention to bid for the 2022 Commonwealth Games, I’ve always said the event is about so much more than just 11 days of sport. “The regeneration of Perry Barr will be the most tangible and transformative legacy we achieve as a result of hosting the Games, bringing investment and regeneration to area that has long been crying out for it.” Work is due to start on the project in early 2019 to ensure completion by the summer of 2022 when athletes from 71 nations and territories from the Commonwealth arrive. **[Property Development Finance](https://www.hankzarihs.com/property-development-finance-commonwealth-games/) Secured from Public Purse** The scheme has secured £165 million central government [**development funding**](https://www.hankzarihs.com/development-finance/) plus £20 million from the West Midlands Combined Authority. In March Chancellor Philip Hammond pledged [£350 million](https://www.wmca.org.uk/news/350m-housing-deal-for-the-west-midlands-announced-by-chancellor-of-the-exchequer-in-spring-statement/) for infrastructure to support the building of 215,000 new homes in key sites in the West Midlands by 2031. The region is set to increase annual new residential home building from an average of 10,000 a year to 16,000. Sites where development is planned include: Greater Icknield in Birmingham; Smethwick in Sandwell; Kings Hill, Westwood Heath and the Coventry Ring Road Junction 7; and Solihull’s UK Central Hub development for the HS2 interchange station. The deal also included a £100 million fund to buy and clear up priority sites around the Walsall to Wolverhampton corridor of at least 8,000 homes. The money will support a new centre of excellence in Wolverhampton researching modern methods of construction plus skills training. Other initiatives include a new joint delivery team with Homes England which will develop a pipeline of high-priority sites to be developed. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Blog, Finance News, Planning News, Projects **Tags:** bridging loan for property development, Commercial property loan, property development finance, Property Development Finance Secured from Public Purse --- ### [Green Flags up For the ORCHARD WHARF Project, London](https://www.hankzarihs.com/bridging-finance-london-orchard-project/) **Published:** December 21, 2018 **Author:** Shiraz Khan **Content:** A brand new project will be soon coming up in Castle Wharf Esso Petrol Station, Leamouth Road, Poplar, London, E14 0JG. This project, popularly known as ORCHARD WHARF, is a new venture of the renowned builder Galliard Homes Limited. According to the details of the granted project plan, the construction will comprise a total of four structures of 24 storeys each with one storey below the ground. The buildings will feature 338 units that will give space to 226 one bed houses, 60 two bed houses, 39 three bed houses, and 13 four bed houses. Apart from that, there will be a total of 33 spaces to be used as parking areas. [![development finance loans](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-300x68.jpg "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) The building will even grant space for commercial setups including a retail store and a café in the ground floor. The entire project has been estimated to value at £30M. Just as always, [**HZ Associates**](https://www.hankzarihs.com/fast-bridging-finance/) is very excited about this new project and looks forward to provide necessary financial aids and **bridging finance london** to the developers and investors. According to the confirmed reports, Galliard Homes Limited, the project’s client had started the infrastructure construction work in October 2018. As per the estimation, the entire project will be over by the third quarter of 2021. The architect group of this project consists of BUJ Architects as the lead architect, CB Richard Ellis Limited as the planner, and Outer Space as the landscape architect. The consultant group of the project consists of CJ O’Shea Group Limited and Metropolis Planning & Design LLP. The contractor group of the project includes CJ O’Shea Group Limited as the contractor and Foundation Piling Limited as the foundation subcontractor. The investors and developers of the ORCHARD WHARF Project can easily take up the fast and credible infrastructure capitals offered by HZA. **Hank Zarihs Associates** always strives to offer its clients necessary financial support for the success of their real estate construction plans. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** bridging finance loans london, Bridging Finance London, Fast Commercial Bridging Loans, london bridging finance loan --- ### [Planning Granted for the SYDENHAMS TIMBER YARD Project](https://www.hankzarihs.com/short-term-loan-sydenhams-timber-project/) **Published:** December 20, 2018 **Author:** Shiraz Khan **Content:** **Short Term Loan News:-**The highly acclaimed builder group Atlas Partners (Sydenham) Limited is on its way to bring up a new project in southwest England. This new construction has been planned on the site Sydenhams, Blandford Road, Poole, Dorset, BH15 4BA. In accordance with the detailed project plan and scheme, a 14 storeys building will be constructed with one storey below the ground. The building will feature a total of 374 units, leaving residential space for 154 one bed houses, 176 two bed houses, and 44 three bed houses. The building will also grant space for commercial purposes that include setting up of offices, gym, retail stores, restaurants, and pubs. Apart from that, there will even be enough space for parking, new access, and landscaping. [![development finance loans](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-300x68.jpg "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## **Short Term Loan – HZA** The entire construction will be developed on a site area and floor area of 1.88 Ha and 14256 square meters respectively. As per the estimation, the construction value of the whole project would be 49.4M pounds. As usual, [**HZA**](http://www.stockhouse.com/blogs/uk-real-estate-blog/november-2018/short-guide-to-buying-property-in-the-uk) is looking forward with real excitement to support the investors and developers of the project by lending the necessary funds and [**loans for easy infrastructure construction**](https://www.hankzarihs.com/refurbishment-finance/). According to the confirmed reports, the client, Atlas Partners (Sydenham) Limited will start working on the project in February 2019. The construction will be completed throughout 60 months, ending in February 2024. The architect group of this project consists of Guy Hollaway Architects as the lead architect, Montagu Evans Llp as the planner, Exterior Architecture as the landscape architect and CMC Limited as the quantity surveyor. The consultant group of the project consists of BSE3d Limited and Ramboll Head Office. The investors and developers of the SYDENHAMS TIMBER YARD Project can take up HZA’s easy, quick, and hassle-free infrastructure capitals for making the project a huge success that can be cherished for years to come. [**HZ ASSOCIATES**](https://www.hankzarihs.com/refurbishment-finance/) is always ready for serving real estate developers with the right loan featuring high returns. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** bridge loan, Bridging Finance, equity financing, short term loans --- ### [Planning Granted for COLINDALE GARDENS Project, London](https://www.hankzarihs.com/online-property-loans-colindale-gardens/) **Published:** December 18, 2018 **Author:** Shiraz Khan **Content:** The highly acclaimed builder group Redrow Homes (London) Limited is on its way to bring up a new project in London. This will be entire new construction on the site Peel Centre, Peel Drive, Colindale, The Hyde, London, NW9 5JE. By the detailed project plan and scheme, the project construction will develop a total of 12 structures featuring 888 units. The 12 new buildings will leave residential space for two bedrooms, three bedroom, and four bedroom apartments. Apart from that, the buildings will grant a sum of 640 spaces to be used as parking areas. [![Online Property Loans](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-300x68.jpg "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) The entire construction will be developed on a site area of 20.35 Ha. As per the estimation, the construction value of the whole project would be £88.8M. As usual, [Hank Zarihs Associates](https://www.hankzarihs.com/) is looking forward with real excitement to support the investors and [developers of the project](https://www.hankzarihs.com/development-finance/) by lending the necessary funds and loans for easy infrastructure construction. ## Online Property Loans According to the confirmed reports, the client, Redrow Homes (London) Limited had started working on the project in November 2015. The construction will be completed throughout 72 – months, ending in November 2021. The architect group of this project consists of Fourpoint Architects as the lead architect, GVA Grimley Limited as the planner, and Grant Associates as the landscape architect. The consultant group of the project consists of Buro Happold and WSP Parsons Brinckerho. The responsibility of project management has been taken up by Redrow Homes (London) Limited. The investors and developers of the COLINDALE GARDENS Project can take up Hank Zarihs Associates’s easy, quick, and hassle – free infrastructure capitals for making the project a huge success that can be cherished for years to come. Hank Zarihs Associates is always ready for serving real estate developers with the right online property loans featuring high returns. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Planning News, Projects **Tags:** commercial mortgage broker, Commercial property loan, Online Property Loans, property developer finance --- ### [The 18-24 SEEL STREET Project, Merseyside Granted Sanction to Proceed](https://www.hankzarihs.com/commercial-loan-providers-seel-street-project/) **Published:** December 17, 2018 **Author:** Shiraz Khan **Content:** **Commercial Loan Providers News:** The 18-24 SEEL STREET Project, Merseyside Granted Sanction to Proceed Elliot Management Group will be soon coming up with a fully developed new project in Liverpool, Merseyside. The project will be developed on the site 18-24 Seel Street, Liverpool, Merseyside, L1 4BE. The list of site works includes- demolition, new access, and landscaping. According to the granted project plan, the construction would develop a single structure of 11 storeys. This building would feature a total of 200 units for both residential as well as commercial use. The residential space will comprise of 200 single and double bedroom apartments. [![commercial loan providers](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-1-300x68.jpg "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) [**Commercial Loan Providers**](https://www.hankzarihs.com/commercial-loan-providers-seel-street-project/):The ground floor of the building will provide space for commercial use including offices, restaurants, pubs, bars, canteens, sports centres, gymnasium, courtyard, and rooftop garden. The entire project will be developed on a site area and floor area of 2000 square meters and 471 square meters respectively. The project construction is estimated to value at £15 million. [**HZA**](https://www.hankzarihs.com/contact-us/) is ready to lend a helping hand and support to the developers and investors of the project with relevant loans and funding. As per the confirmed reports, the client, Elliot Management Group will start the project in the first quarter of 2019. The ending date of the project has not been confirmed yet. The architect group of this project consists of Falconer Chester Hall Architects as the lead architect, Zerum Consult Limited as the planner, and LAYER Landscape Architecture as the landscape architect. The consultant group of the project consists of Abacus Consult, Clancy Consulting, DTPC (Northwest) LLP, and Clement Acoustics. The investors and developers of the 18-24 SEEL STREET Project can easily avail fast and hassle-free capital from HZA to make this real estate construction a huge success. Moreover, with the infrastructure loans and funds from [**HZ Associates**](https://moneyhighstreet.com/risk-losing-your-property-deposit/), they can get a higher return on investment. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Planning News, Projects **Tags:** commercial development finance lenders, commercial loan providers, Development Finance Bank, Property Development Loan --- ### [Planning Granted For the DINTON STREET Project, Manchester](https://www.hankzarihs.com/instant-bridging-loan-dinton-project/) **Published:** December 16, 2018 **Author:** Shiraz Khan **Content:** **Instant Bridging Loan News**: Greater Manchester is about to witness a brand new project, popularly known as the **DINTON STREET** project. By the project scheme and in-depth planning, the single structure would be a 15 storey building constructed on a site area and floor area of 7800 square meters and 373 square meters respectively. As per the revealed confirmed report, the building will have a total of 280 units, providing residential space for 84 one bedrooms, 168 two bedrooms, and 28 three bedrooms apartments. Apart from that, the ground floor of the building would grant space for commercial units such as offices, private shops, restaurants, pubs, and bars. [![bridging finance loans](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-1-300x68.jpg "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## Instant Bridging Loan The structure would also feature parking areas, access, and associated landscaping works. There would even be some demolition works of the existing structures on the project site, that is, Dinton Street, Cornbrook Road, Chester Road and Trentham Street, Manchester, Greater Manchester, M15 4FX. With real estate loans and [**instant bridging Loan**](https://www.hankzarihs.com/instant-bridging-loan-dinton-project/) funding from **HZA**, the developers and investors of the DINTON STREET project will be able to complete the entire construction at an estimated value of £40M. The client Glenbrook Limited will begin the project development in January 2019 and complete the same throughout 18 months. The entire project is estimated to end by July 2020. The architect group of this project consists of Leach Rhodes & Walker LLP and Sheppard Robson as the lead architect, HOW Planning Llp as the planner, and Abacus Cost Management as the Quantity surveyor. The consultant group of the project consists of Beecheld Consulting Engineers Limited, Shepherd Gilmour Partnership, and Resource & Environmental Consultants Limited. The contract or tender of the project has been given to ISG Regions, and John Graham Construction has been elected as the contractor. The developers and investors of this big project can avail easy and hassle-free capital from [**HZ Associates**](https://www.merchantcircle.com/blogs/firespin-new-york-ny/2018/11/Bridge-Loans-An-Effective-Tool-For-Selling-in-Slow-Market/1589800) for making their infrastructure goal a huge success. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** bridging loans essex, instant bridging finance, instant bridging loans, second charge bridging finance --- ### [The ANTHOLOGY HALE DEVELOPMENT Project Granted Permission to Proceed](https://www.hankzarihs.com/property-refurbishment-loan-anthology-hale/) **Published:** December 15, 2018 **Author:** Shiraz Khan **Content:** [**Property Refurbishment Loan**](https://www.hankzarihs.com/property-refurbishment-loan-anthology-hale/): The renowned builder Anthology Hale Works Limited will be soon coming up with its brand new project in London, known popularly as the ANTHOLOGY HALE DEVELOPMENT Project. The site of this project has been finalized to be Sw Plothale Village, Ferry Lane, Tottenham, London, N17 9QQ. According to the granted project planning details, a single structure will be constructed on a site area and floor area of 3800 square meters and 1588 square meters respectively. The building will be of 33 storeys featuring a total of 279 units. These units will be used both for residential as well as commercial purposes. [![Property Refurbishment Loan](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-1-300x68.jpg "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## Property Refurbishment Loan The residential space of the building will consist of 120 one bed houses, 149 two bed houses, and 10 three bed houses. Apart from that, the building will also provide 36 spaces to be used as parking areas. The entire project has been estimated to value at £75M. Just as always, HZA is very excited about this new project and looks forward to providing necessary financial aids to the **developers and investors**. According to the confirmed reports, Anthology Hale Works Limited, the project’s client had started the infrastructure construction work in September 2018. The entire project will be over with a period of 32 months, ending in May 2021. The architect group of this project consists of Hawkins Brown Architects as the lead architect, WYG as the planner, MMX Retail as the agent, and RPS Group Plc and Anthology Hale Works Limited as the Quantity surveyor. The consultant group of the project consists of Ridge & Partners LLP, Patrick Parsons, and WYG. The responsibility of project management has been taken up by none other than Anthology Hale Works Limited. The investors and developers of the ANTHOLOGY HALE DEVELOPMENT Project can easily take up the fast and credible infrastructure capitals offered by HZA. [**HZ Associates**](https://www.hankzarihs.com/contact-us/) always strives to offer its clients necessary financial support for the success of their real estate construction plans. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Planning News **Tags:** London Bridging Finance, Property Development Loan, property refurbishment finance, property refurbishment loans --- ### [Bridging Finance News: Transforming Former Industrial Buildings Reap Rich Rewards](https://www.hankzarihs.com/bridging-finance-industrial-buildings/) **Published:** December 13, 2018 **Author:** Shiraz Khan **Content:** **Bridging finance News:** Converting abandoned warehouses, factories or even power stations into modern office space or **[residential property developments](https://www.hankzarihs.com/development-finance/)** may seem like an uphill struggle. But for those who are bold and canny enough to take the plunge refurbishing such places offers rich rewards. [![bridging finance](https://www.hankzarihs.com/wp-content/uploads/2018/12/imgpsh_fullsize-1-300x68.jpg "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) Disused warehouses, former factories and power stations are dotted around the UK. These buildings usually have architectural features potential buyers or tenants find appealing and which are expensive or impossible to create in new buildings. A recent study **[Industrial Rehab](https://www.jll.co.uk/en/newsroom/every-revolution-needs-its-space)**: A new space of opportunity shows transforming an industrial building is 35 per cent cheaper than new build. Although they are 11 per cent more expensive than converting a typical office building, the construction cost per square metre is lower. Mezzanine floors,landings and internal balconies typical of such buildings can offer a cost-effective way of increasing floor space. ## **Bridging Finance**: **From Run-down Property to Sought After Residence** There are plenty of iconic industrial buildings which have been turned into desirable residential property developments such as Bryant & May’s former match factory in Bow, East London. South of the river Thames, Woolwich’s old munitions factory, the Royal Arsenal, is another example where luxury apartments in listed buildings command high prices. A two-bedroom flat in one of the converted warehouses would typically go for £750,000 with prices likely to go up when Crossrail opens in 2019. ### **Creatives Drawn to Old Industrial Powerhouses** Old warehouses and factories converted into business premises have a track record of becoming creativity hubs. An well established example is Bird’s Custard Factory built in the 19th century in Birmingham’s Digbeth district to produce Alfred Bird’s egg-free custard powder.When the company was taken over in the 60s and production moved elsewhere the buildings lay vacant for decades. Antiques dealer Bennie Gray acquired them in 1988 and his son Lucan with a local architect set about redeveloping the buildings in the early 90s. It’s now a creative hub with artists, ad agencies and TV production companies all calling it home. In fact the once run-down old industrial quarter of Digbeth recently won the *Sunday Times* poll as the coolest place in the UK to live. Two-bedroom flats in the former Iron Works at Digbeth are going for more than £250,000.In fact the West Midlands saw the highest growth in house prices in the UK this year of 5.8 per cent according to Office of National Statistics figures. Further north Paton &Baldwin’s 1940s wool factory, [LingfieldPoint](http://lingfieldpoint.co.uk/space/lingfield-house/) close to Darlington, has been rejuvenated into a modern day business hub. The 90-acre complex has attracted avariety of enterprises including Capita, Dunlop sports and the Student Loan Company. In addition, to the beautiful Art Deco Lingfield House other buildings such as the social centre for workers and the wool lofts have been converted into office space. Old warehouses have also been modernised to offer up to120,000 sq ft for storing stock. ### **Bridging Finance Unique Features Call for Skilled Crafts People** Former owners of the site, [Clearbell](https://www.clearbell.com/) says the one thing all these type of buildings have in common is they’re redundant for modern use. They often don’t have the right specifications but they do have attractive features such as loft space, steel girders in the roof and unusual columns. So finding the right skilled labour to work with you on refurbishment is paramount. Clearbell’s asset management head and director of ESG Dominic Moore says: “There’s potential to breathe new life into these buildings as long as long as the costs stack up.” https://youtu.be/gZkYeRN7z9k **Bridging finance: So what should you think about before taking on a disused property? Here are some tips:** \* **Valuation and costs** – Be aware of the risks and opportunities of the building and get as much information as possible. Look at any environmental issues you might be liable for. Analyse your potential expenditure and income and how much your units will be worth to assess what you should pay for the site. Seek professional help and employ a chartered surveyor, valuer and a lawyer too for advice on the lease terms. \* **Location** – Choose a property in an area with a strong market presence where you can sell or rent for a good return. It’s going to be a lot easier to rent if the factory, warehouse or mill has good communications. Is it in the heart of the city or on an out-of-town site? How long does it take to walk to the nearest metro or train station. If it’s far away does it have plenty of car parking space? \* **Planning authority** – Foster good relations with local council planners. Understand the site and the area where you want to develop and how what you’re doing is going to fit in. \* **Physical specifications** -the property is likely to be subject to planning regulations particularly if it’s listed. Find out what these are and what energy performance regulations you might need to comply with. You are dealing with old buildings which are unlikely to be up to modern environmental standards. For example, the roof might not be sufficiently well insulated. If you’re converting the building to an office there will be heating and cooling obligations. In fact, you might even find that the property is made of dangerous materials, such as asbestos which needs to be removed. \* **Labour** – You’ll need to source skilled crafts people so the Federation of Master Builders or the Heritage Directory would be a good start . But of course use your contacts as nothing beats word of mouth. Look at the candidate’s CV and ask them about previous work they’ve done. \* **Finance** – Think about how you are going to finance the project. Are there any public sector grants you should apply for? Will you approach a mainstream bank or a specialist lender?Have you thought of getting **bridging finance** as a contingency should the project over run or takes longer than expected to rent or sell? \* **Marketing** – Use the heritage of the building as a selling point and think of a compelling narrative to tell.Capture the imagination of your prospective buyers and tenants with some interesting stories. Be clear about your band and proposition. What do you stand for and who is your audience? And how are you going to play this out in media? ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Planning News, Projects **Tags:** Bridging Finance, Bridging Finance Loans, London Bridging Finance, Residential property development --- ### [The SOUTH QUAY PLAZA Project London Receives Sanction to Proceed](https://www.hankzarihs.com/commercial-refurbishment-loans-plaza-project/) **Published:** December 6, 2018 **Author:** Shiraz Khan **Content:** **Commercial Refurbishment Loans News**:- Berkeley Homes (South East London) Limited will be soon coming up with a fully developed new project in London. The project will mark a redevelopment of the former site, that is, South Quay Plaza, 183-189 Marsh Wall, Tower Hamlets, and London, E14 9SH. According to the detailed scheme of the project, two new buildings will be formed on the site that would provide space for a total of 947 units for both residential as well as commercial use. The residential units will feature 490 one bed houses, 341 two bed houses, 100 three bed houses, and 16 four bed houses, whereas the commercial units will feature 206 hotel beds. The buildings will also grant 128 spaces to be allowed as a parking area. As per the confirmed project plan, the two structures will be 68 storeys each with one storey below the ground. The entire project will be developed on a site area and floor area of 1.33 Ha and 20877 square meters respectively. HZA always looks forward to funding such projects and with the help of real estate [**commercial refurbishment loans**](https://www.hankzarihs.com/commercial-refurbishment-loans-plaza-project/); the project developers will be able to complete the entire project at an estimated value of £90million. The client will complete the project for 48 months. The client had started developing the project in October 2016, and it is planned to end in October 2020. The architect group of this project includes Foster & Partners as the lead architect company, Berkeley Homes Limited and GVA as the planners, Snapdragon Consulting as the agent, Gillespies LLP and Peter Stewart Consultancy as the landscape architect, and Tower Eight as the Quantity surveyor. The consultant group of the project includes WSP Parsons Brinckerhoff and David Bonnett Associates. Tower Eight have taken the management responsibility of the project. The project’s developers and investors can easily gain access to capital from HZA for making this big infrastructure aim a huge success. Moreover, with funding from [**Hank Zarihs Associates**](https://www.hankzarihs.com/development-finance/), they can get a high return on investment. You can also check our more blog posts [**Click here**](https://www.finance-monthly.com/2018/11/development-finance-is-the-biggest-hitch-for-building-boom/)… ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Planning News **Tags:** Commercial Refurbishment Loans, property development finance, property development funding, property development loans, Residential Development Finance --- ### [Development Finance OF New Wood Wharf Poplar Estimates to £100M](https://www.hankzarihs.com/property-refurbishment-finance-wood-wharf/) **Published:** November 30, 2018 **Author:** Shiraz Khan **Content:** Canary Wharf Group PLC has submitted an application for the development of residential houses and commercial property on the site Wood Wharf Rm01, Development Plots A1, A4, B3 and D1, Wood Wharf, Prestons Road, Poplar, London, E14 9SB. An estimated cost of £100M will be used in the construction of mixed-use Property development 58 storeys, comprising of 472 units. The physical structure will also include an underground storey. The project is still pending contract and details approval. This project is a new build, which means that the construction will be commenced upon the previously vacant property. The council of Tower Hamlets has awarded the subcontract to the application, while a detailed approval is still in process. [![](https://www.hankzarihs.com/wp-content/uploads/2018/03/Banner-V3_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) The project will begin development in early October 2015 and finish construction in 50 months in early December 2019. Housing units, rising as high as 58 storeys, will be developed for this project. It will consist of 472 residential units. 245 one bedroom flats, 174 two bedroom flats, 49 three bedroom flats, and 4 four bedroom flats will be featured in this project. The structure will cover a site area of 72.88 Ha and a floor area of 22254 square meters. The development will also feature a ground restaurant and basement car parking. Herzog & de Meuron UK Limited, Adamson Associates (International) Limited, Allies & Morrison Urban Practitioners, and Stanton Williams have been chosen to act as the primary architecture firms for the project, while GVA Worldwide Head Office will be the primary planner for the development. Wirtz International and Gleeds UK Head Office will join the development as the primary landscape architect, and quantity surveyor respectively. Atelier Ten will offer their consultancy services in the aspects of mechanical & electrical engineering, and the primary structural engineering consultant will be Thornton Tomasetti. Steer Davies and Gleave will join the development as the primary Civil engineering consultant. The project manager for the entire development will be Canary Wharf Group PLC. Canary Wharf Contractors Limited will join the development as the primary contractor. Bachy Soletanche and Expanded Limited have won the subcontracts for groundworks. The scaffolding and interior fitting out subcontracts have been assigned to Proplant Scaolding Limited. The primary frame subcontractors are O’Halloran & O’Brien Limited and Expanded Limited. The leading mechanical and electrical subcontractors are NG Bailey & Company Limited, Emico Limited, and SES Engineering Services. Schneider (GB) Limited has won the subcontracts for doors, external walls, and windows. PIP Building Services Limited has been awarded the subcontracts for electrical services, fire protection, and security services. HZ Associates always strives to offer its clients necessary financial support for the success of their real estate construction plans. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News **Tags:** property development loans, property refurbishment loans, refurbishment finance, Residential Development Finance --- ### [NEC-SOLIHUL Project – An Upcoming Hub for Technology](https://www.hankzarihs.com/nec-solihul-project-instant-bridging-finance/) **Published:** November 29, 2018 **Author:** Shiraz Khan **Content:** [**Instant Bridging Finance**](https://www.hankzarihs.com/nec-solihul-project-instant-bridging-finance/):- A futuristic project on an incredible location is on the way in Birmingham area. The site is former National Exhibition Centre on Marston Green, Birmingham. This lucrative project is named as NEC-Solihull project. This project has designs on providing 315,000 sq m of floor space for businesses along with 2500 residential spaces. [**HANK ZARIHS ASSOCIATES**](https://www.hankzarihs.com/) is always willing to provide instant bridging finance for this kind of projects by facilitating debt and equity for professional investors and developers. Incredible city central location of the project site makes it inevitable for businesses ranging from start-ups to companies with global presence to converge here and increase their growth potential. Adjacency of this site from railway station and airport makes it easily and promptly reachable. ![instant bridging finance](https://www.hankzarihs.com/wp-content/uploads/2018/11/logo-new.png "- Bridging and Development Finance Solutions") Estimated at 297.2M pounds, this project is planned to be executed in three phases over a period of ten years. Phase 1 incorporates construction of Block A & B consisting of 1250 houses each wherein each house incorporates use of art of class design, space management and optimum proximity to each other to preserve privacy and minimize outer disturbance when one is in their home’s comfort. Expectations are that houses will be available for rented accommodation and purchase within 7 years after commencement of the construction. Phase 2 will commence in fifth year from beginning of project and it encompasses construction of Office floor space. Each office consists of sound-proof glass cabinets and modular office fittings to ensure privacy while working in a modern environment. Each building’s design is “green” to minimize the use of air conditioning which makes it cost effective. The project will be planned in such a way that they are able to provide separate parking areas for residential and business domains. There are some indications given by the planning team that inclusion of amenities such as swimming pool, gym, parks and social areas for both residential and business segments may be on the cards for potential buyers. This project could be a high return option for investors and a high end address for future residents. Prospective investors and developers can easily get capital from HZA for realizing their goal of infrastructure development as well as getting good returns by investing in this high end project. [**Read More..**](https://www.finance-monthly.com/2018/11/development-finance-is-the-biggest-hitch-for-building-boom/) ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Fast Development Finance, Planning News **Tags:** instant bridging finance, property auction finance, property development finance, property development loans --- ### [Funding Issues Biggest Hitch for Building Boom](https://www.hankzarihs.com/bridging-finance-issues-building-boom/) **Published:** November 26, 2018 **Author:** Shiraz Khan **Content:** Challenges accessing [**bridging finance**](https://www.hankzarihs.com/bridging-finance-issues-building-boom) and credit are hampering construction growth despite a buoyant market, say 75 percent of surveyors. Bridging Finance- It’s cited as the biggest obstacle in the Royal Institution of Chartered Surveyors’, RICS, construction and infrastructure market survey for the third quarter of 2018. “When asked how credit conditions have changed over the past three months, 12 per cent more respondents reported a deterioration rather than an improvement,” said the study. And they added they expected this to get worse over the next three to 12 months. RICS senior economist Jeffrey Matsu said: “Lenders are exercising more prudence in evaluating the kind of risk they take onto to their balance sheets. Overall the market is at a mature cycle.” The news comes at a time when 20 percent of surveyors in the study reported their workloads had increased rather decreased compared with 15 per cent in the previous quarter. A third or participants reported a rise in private housing workloads up from 25 per cent in the previous quarter. [**Refurbishment Finance Funding**](https://www.europeanproperty.com/news/5-super-home-improvements-to-build-remodel-value-into-your-property-for-2019/) loans workloads saw an increase of 18 per cent compared with a 12 per cent rise in the second quarter. Activity across the private industrial and public non-housing categories improved with net balances of nine and 11 per cent respectively. Workloads increased across all regions with acceleration the highest in the Midlands and the East of England. The pace of private housing activity was strongest outside London and the South East. New business inquiries rose and 42 per cent of respondents reported an increase in new hires in their company in the third quarter. A total of 237 surveying practices across the UK took part in the study which was weighted across five regions. The project’s developers and investors can easily avail capital from **[Hank Zarihs Associates](https://www.hankzarihs.com/)** for making their infrastructure goal success and obtaining high ROI. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News **Tags:** property development finance, property development funding, Refurbishment Finance Funding Loans --- ### [South West Councils’ Merger Signals Property Development Boom](https://www.hankzarihs.com/property-development-loans-south-west/) **Published:** November 26, 2018 **Author:** Shiraz Khan **Content:** **Property Development Loans:** Dorset hopes to compete with Bristol and Southampton on business terms by combining three of its borough councils next April. The future merger of Bournemouth, Christchurch and Poole councils into a single unitary authority known as ‘Urban Dorset’ could create a flourishing economy, according to research by Savills. ## Property Development loans Research analyst Lucy Greenwood said:” We expect Urban Dorset will need to produce a new local plan when it becomes a new unitary authority. Alongside the existing local need there will be additional housing requirement driven by the ambition to grow employment. Both releasing green belt and unlocking brownfield sites will be critical to meeting housing need.” She added that across the three boroughs there were a number of brownfield sites with a capacity to realise 11,000 homes. “Affordable housing provision has previously been constrained by the relatively high costs of redevelopment. Supported by the new local authority framework, the local enterprise partnership aims to secure a government affordable housing deal worth £215 million for Dorset.” Bringing the three boroughs under the control of one authority creates a district similar to Cardiff in terms of economic output, productivity and jobs, with a population of 394,000 – only 14% smaller than Bristol. Savills’ report **[Spotlight: The New Urban Dorset](https://www.savills.co.uk/research_articles/229130/268610-0/spotlight--the-new-urban-dorset)** claims the new authority will be in a strong position as the 12th largest district in England to secure public and private funding to improve road and rail links. **Commercial investment property set to take off** The report identified the potential to create an economic hub for the creative and digital industries, with the region already housing the fourth largest concentration of these businesses in the UK. It recommended expanding the proposed 5G pilot scheme to offer powerful digital connectivity to foster tech and creative start ups in the region. Savills identified Talbot Heath, Bournemouth and Christchurch as ideally located to attract new space for tech, media and creative companies. The first location’s closeness to two universities and the airport business park between Bournemouth and Christchurch were highlighted as spots to attract new business. The report added that new space at Poole Harbour would be attractive for the area’s marine engineering industry. Commercial research analyst Clare Bailey said: “Lansdowne, Talbot Village, the airport business park and Poole Harbour in particular are all zones that are ripe for growth if more offices and incubator space can be provided. The speed at which new office space in Lansdowne has already been pre-let this year shows there is a build-up of demand already in the market waiting to be unleashed.” The local environment plan wants the value of the region’s economy of production of goods and services to increase by 50 per cent by 2038 and create 80,000 additional jobs. House prices in the area are currently between nine and 12 times the average regional earnings, compared to the national average of eight. Savills said only 15 per cent of housing stock is within the reach of the average earner so more residential property development of ‘affordable homes’ would be crucial. Annual building statistics are running at 48 per cent under the Government’s housing need goal of 2,160 homes per year for the region, according to Savills. Moreover the project’s developers and investors can easily gain access to capital from HZ [**Property Development loans**](https://www.hankzarihs.com/property-development-loans-south-west/) for any type of making this big infrastructure aim a huge success. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Fast Development Finance, Finance News, Planning News **Tags:** Commercial property loan, London Bridging Finance, property development loans --- ### [Avail Cheap House Prices in london with HZ Associates](https://www.hankzarihs.com/uk-house-prices/) **Published:** November 20, 2018 **Author:** Shiraz Khan **Content:** UK house prices showed a modest increase of 0.2 percent in August compared with the previous month, according to [Land Registry data](http://landregistry.data.gov.uk/). An annual price rise of 3.2 percent takes the average UK property value to £232,797. ## **House Prices Show Gentle Rise** In England the August data shows houses prices have risen on average by 0.2 per cent since July 2018. The annual price rise of 2.9 per cent takes the average property value to £249,748. The East Midlands showed the highest monthly rise in August at 1.5 per cent with the East of England experiencing the most significant monthly drop of 1.1 per cent. [**House prices in London**](https://www.hankzarihs.com/house-prices-in-london) fell by 0.2 per cent. ## UK House Prices Semi-detached properties experienced the highest annual increase of 4.6 per cent reaching an average price of £223,857 while flats and maisonettes showed no increase standing at £230,443. The average price for a first-time buyer increased marginally by 0.3 per cent to £209,745. Former owner occupiers’ average price paid stayed the same at £283,215. The North West experienced the highest number of repossession sales at 121 with the lowest in East England at 39 for June this year. Wales revealed an average rise of 1.9 percent since July 2018 and an annual price rise of 6.2per cent taking the average property value to £162,374. There were 57 repossession sales for Wales in June 2018. Scotland showed a 0.3 per cent increase in prices in August with an annual increase of 4.1 per cent bringing the average price of a property to £153,309. Semi-detached properties showed the highest annual rise in August of 6% reaching £160,535. Northern Ireland figures for August will be released next month. Browse over 25 million prices for houses and flats across the UK with [**Hank Zarihs Associates**](https://www.hankzarihs.com). ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Business, News **Tags:** house prices, house prices in london, UK house prices, UK Property Market --- ### [GLENGALL QUAY – 484 FLATS AND RETAIL SPACE is being Constructed](https://www.hankzarihs.com/bridging-loans-glengall/) **Published:** March 11, 2019 **Author:** Shiraz Khan **Content:** **Bridging Loans News:-** The construction of GLENGALL QUAY – 484 FLATS AND RETAIL SPACE is underway at 45-59 Millharbour, 2-4 Muirfield Crescent & 16, 21 & 23-39 Pepper Street, Poplar, London, E14 9TD. The plan is to construct 3 mixed use buildings. The value stands at £150M. The whole of the construction is to be governed by the Tower Hamlets council. The approximate duration for which the project will continue is 30 months. With a floor area of 7362 sq. metres and site area of 7000 sq. metres, the 3 buildings will be having 45 Storeys in total, in which 484 units will be accommodated. [![Development Funds](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) There will be 223 one bed houses, 169 two bed houses, 80 three bed houses and 12 four bed houses. Additionally, there will be one Storey below the ground as well. 11 parking spaces will be allotted. Sustainable Homes has rated the construction 4 stars and the BREEAM rating is excellent. The funding has been taken care of by **HZA**. ## Bridging Loans – [**HANK ZARIHS ASSOCIATES**](https://www.hankzarihs.com/contact-us/) The main client is Healey Development Solutions Limited and Meadow Residential LLP with Mr. Alex Vogel, Development manager as the main contact. 3D Reid (Architects) Limited is the architect with GVA Grimley Limited being the planner. Their main contacts are Mr. Richard Fairhead, Divisional Director and Miss Elizabeth Woodall, Senior Planner respectively. Mr. Adam Conchie, planner is also a contact for GVA Grimley Limited. The landscape architect is the Exterior Architecture along with Peter Stewart Consultancy. The Mech. & Electronic engineer chosen for this construction is Waterstone Designs. The civil engineer is Elliot Wood Partnership Head Office. Meadow Residential LLP is the project manager with Mr. Alex Vogel, Development manager as the main contact. The construction of GLENGALL QUAY – 484 FLATS AND RETAIL SPACE is expected to go very smoothly as the help and support of [**HANK ZARIHS ASSOCIATES**](https://www.hankzarihs.com/refurbishment-finance/) in every aspect has been phenomenal. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** best bridging loans, bridging loans london, Commercial Bridging Loans, Fast Commercial Bridging Loans --- ### [MORLEY HOUSE, WESTMINSTER – Project Construction Started](https://www.hankzarihs.com/property-finance-morley-house/) **Published:** March 11, 2019 **Author:** Shiraz Khan **Content:** **Property Finance News:-** At Morley House, 314-322 Regent Street, Westminster, London, W1B 3BB, the construction of MORLEY HOUSE, WESTMINSTER – 44 APARTMENTS & RETAIL UNITS is taking place. The project started in 30/10/2017 and is supposed to end by 30/03/2020 with a span of 29 months. The value of the plot stands at £36.5 M. The construction is being governed by the Westminster council. The total floor area is 1256 sq. Meters approximately and the entire site area is 900 sq. Meters. [![Development Funds](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) Only one structure is being constructed which will have 6 Storeys with 44 units in them. There will be 21 one bedroom houses, with 15 two bedroom houses and 8 three bedroom houses. The BREEAM rating is Excellent for this construction. The funding and all the essential support has been done by **[HZA](https://talkmarkets.com/member/james-helliwell/blog/guide-to-the-bridging-loan-market-and-how-to-apply-for-bridging-loans?post=198774)**. ## **Property Finance News -HZA** The Crown Estate is the primary client, with MSMR Architects being the architect. The planner is CBRE Limited Head Office is the planner with Savills Plc as the Agent. Currie and Brown is the quantity surveyor. Mecserve Plc is the Mech. & Electrical engineer and the sustainability consultant. The structural engineer is Price & Myers. The project managers are Buro Four Project Services Limited and Walton Wagner. Kier London Limited is the contractor with Deconstruct (UK) Limited as the demolition subcontractor and groundworks subcontractor. The external walls subcontractors are the A Edmonds & Company Limited and Paye Stonework & Restoration. The LJJ Contractors Limited is the fire protection subcontractor, heating & ventilation subcontractor, M & E subcontractor, security subcontractor,and plumbing subcontractor. The scaffolding subcontractor is GKR Scaffolding. Finepoint Glass is the doors subcontractor and the windows subcontractor. Toureen Group is the external walls subcontractor, floors subcontractor, stairs subcontractor,and frame subcontractor. The interior fitting out subcontractor is Design Space. Clark & Fenn Skanska is the ceiling finishing subcontractor, internal fitting out subcontractor and the wall finishing subcontractor. The roofing subcontractor is Richardson Roofing Company Limited. The support and [**funding**](https://www.hankzarihs.com/fast-bridging-finance/) of HZA have made the construction of MORLEY HOUSE, WESTMINSTER – 44 APARTMENTS & RETAIL UNITS go without any problems. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Auction Property Finance, auction property finance uk, online Property Finance, UK Property finance --- ### [Construction of EXCHANGE SQUARE, BIRMINGHAM – PHASE 1 takes place](https://www.hankzarihs.com/construction-finance-birmingham/) **Published:** March 10, 2019 **Author:** Shiraz Khan **Content:** **Construction Finance News**:-The construction of EXCHANGE SQUARE, BIRMINGHAM – PHASE 1 is taking place. The address of the plot is Masshouse, Plot 7, Exchange Square, Eastside, Birmingham, West Midlands, and B7 4EH. The construction had started in February 2017 and is supposed to finish by October 2019, with a 32 month period. The current [**finance**](https://www.hankzarihs.com/our-finance/) value of the plot is £70M, and is governed by the Birmingham council. [![Development Funds](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## [Construction Finance](https://www.hankzarihs.com/construction-finance-birmingham/) – HZA The total construction site is roughly spread over an area of 4.3326 Ha. The complete construction will give rise to 3 structures. There will be 603 total units that are going to be accommodated, and there will be 26 storeys of the building in total. The funding has been private and it is totally taken care of by **HZA**. The main client is Nikal Limited. Stephenson Studio Limited is the main architect with Savills as the planner. TPM Landscape is the landscape architect with Arcadis UK Limited as the quantity surveyor. The Mech. & Electrical engineer is Arup and Curtins Consulting Engineers is the structural engineer. Systra UK is the civil engineer with Arup being the sustainability consultant. Nikal Limited is the project manager as well with McLaren Construction Limited as the bidder. The contractor, the foundations subcontractor and the groundworks subcontractor is Sir Robert McAlpine Limited Head Office with Armac Group as the demolition subcontractor. MPB Structures Limited is a foundations subcontractor, floors subcontractor, frame subcontractor, stairs subcontractor as well as groundworks subcontractor. Regal Mechanical & Electrical Services Limited is the fire protection subcontractor, M & E subcontractor, plumbing subcontractor, security subcontractor and the heating & ventilation subcontractor. The interior fitting out subcontractor is Walker Modular Limited. NorDan UK Limited is the doors subcontractor, external walls subcontractor and window subcontractor. The ceiling finishing subcontractor and the wall finishing subcontractor is Taylor Hart Limited. SCS is the ceiling finishing subcontractor, wall finishing subcontractor and the interior fitting out subcontractor. Schindler Limited is the lift subcontractor. The floor finishing subcontractor is Axiom Group limited and the interior fitting out subcontractor and the joinery subcontractor is DP interiors. Dearneside Fabrications Limited is the stairs subcontractor with TOL Decorators as the painting and decorating subcontractor. The construction of EXCHANGE SQUARE, BIRMINGHAM – PHASE 1 is going on smoothly due to the funding of [**HZA**](https://www.homesgofast.com/Home-and-Decor/uk/blog/increasing-your-property-saleability-with-design-features). ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** construction finance, construction loans BIRMINGHAM, instant construction loans, property refurbishment loans --- ### [UK Economy Missing Out on £250 Billion from female start-ups](https://www.hankzarihs.com/commercial-finance-uk/) **Published:** March 9, 2019 **Author:** Shiraz Khan **Content:** **Commercial Finance News**:-Major lenders are signing up to a new code for investing in women to help increase the number of female entrepreneurs by 600,000 within the next ten years. The Treasury announced the code following the publication of the Rose Review released on March 8 to coincide with international women’s day. So far key lenders including Lloyds, Royal Bank of Scotland, the UK Business Angels Association and UK Finance have signed up. [![](https://www.hankzarihs.com/wp-content/uploads/2018/03/Banner-V3_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) Prime Minister Theresa May said: “I am committed to real change in this area, starting with our action today to encourage more companies to look at the gender split of who they choose to invest in.” The review found only one in three UK entrepreneurs were female – a gender gap equivalent to 1.1 million missing businesses. Up to £250 billion could be brought to the UK economy if women started and scaled up new businesses at the same rate as men. Deputy chief executive officer of NatWest, Alison Rose, who headed the review, said she was passionate about redressing the imbalance. ## **Commercial Finance** “The UK has one of the most vibrant entrepreneurial communities in the world, but only one in three of our entrepreneurs is female – we need to be more ambitious and find ways to unlock the huge untapped potential.” The report found women-led businesses were less than half the size of male-led businesses and that the latter were five times more likely to scale up to £1million turnover than female-owned SMEs. She added: “Some of the findings are stark but by shining a spotlight on the issues and outlining the barriers and opportunities, the aim is to support the full potential of every woman who has the entrepreneurial spirit and ambition to start or scale their business.” The review wants more funding directed to women, greater family support, accessible mentors and networks available. The UK trails behind other developed countries with only 6 per cent of women running their own businesses compared with 15 per cent in Canada and nearly 11 per cent in the US. ### **Venture capitalist imbalance of the sexes** Rose said perceived bias within the UK venture finance community was a concern as only 13 per cent of senior UK investment teams were female and almost half had no women at all. “Less than 1 per cent of UK venture funding goes to all-female teams and just 4 per cent of deals. This is a complex issue, but not one that we should skirt as it is frequently mentioned by female entrepreneurs who feel they are judged to be less competent than their male peers.” SME lender Henry Howard Finance’s chief operating officer Anne Williams agreed there should be more women in senior lending positions. “The trend for females occupying financial services roles is changing, and along with it the stereotype of finance being a male-dominated industry, but it’s not changing quickly enough.” In the last year the company has appointed more than ten women into senior roles including group financial controller and head of business partnering. The company employs 130 people throughout the UK offers finance packages to small and large companies. Alternative commercial finance lenders stress the business case of a new project is key for securing funding and women are viewed just as favourably as men. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Commercial finance, commercial mortgage broker, Commercial property loan, Fast Commercial Bridging Loans --- ### [Construction of MARHAM PARK -186 HOUSES & 12 APARTMENTS has started](https://www.hankzarihs.com/property-bridging-loan-marham/) **Published:** March 8, 2019 **Author:** Shiraz Khan **Content:** **Property Bridging Loan News:-** The construction of MARHAM PARK, PARCELS J & N-186 HOUSES & 12 APARTMENTS has been started at Marham Park, Parcels J&N, Nw/O Bury Tut Hill, Fornham Ali Saints, Bury St. Edmunds, and Suffolk, IP28 6LG. The project has started as recently as January 2019. It will consist of a total of 190 units, with 186 houses. It is consisting of 2 bedroom, 3 bedroom and 4 bedroom flats. These houses are to be distributed among 12 apartments. Additionally, car parking, landscaping and access works will also be provided. [![](https://www.hankzarihs.com/wp-content/uploads/2018/03/Banner-V3_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) The St. Edmundsbury council is governing the construction and the building of the apartments has already started. The current value is being estimated at £19.5M roughly. The materials consisting of roof cladding, tiles, wall cladding, bricks along with surfaced and pitched roads and roofs. The [**estimated funding**](https://www.hankzarihs.com/our-finance/) type is private and has been taken care of by HZA. ## **Property Bridging Loan** The client as well as the architect is JS Bloor Eastern Limited, with address marauder House, Skyliner Way, Bury St. Edmunds with Mr. Jamie Wragg, Technical director being the main contact. Pegasus Group is the planner with the main contact being Ms. Nicky Parsons, Planner. JS Bloor Eastern Limited is also the Quantity surveyor. The Civil Engineer is Ingent Consulting Engineers, with Mr. Keiran Kincaide, Engineer being the main contact. The project manager regarding the building and construction is also JS Bloor Eastern Limited, and they are taking care of most of things in this construction. Not only being the subcontractors in so many departments, the JS Bloor Eastern Limited is also the main contractor for the construction of MARHAM PARK, PARCELS J & N-186 HOUSES & 12 APARTMENTS. Here, the main contact is Mr. Jamie Wragg, Technical Director. With the immense support of [**HZA**](https://www.europeanproperty.com/news/5-super-home-improvements-to-build-remodel-value-into-your-property-for-2019/) as well as their contribution overall along with the funding, that the construction process of this project is going on smoothly. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Uncategorized **Tags:** bridging loan for property development, cheap bridging loans, property bridging loan, property developer finance --- ### [Construction of WOOD WHARF, PRESTONS ROAD is being carried out](https://www.hankzarihs.com/bridging-loan-wood-wharf/) **Published:** March 8, 2019 **Author:** Shiraz Khan **Content:** **Bridging Loan News:-** The WOOD WHARF, PRESTONS ROAD – PLOTS E3 & E4 construction is being carried out at Rm03 Wood Wharf, Prestons Road, Poplar, London, E14 9SF. The aim is to construct a 50 storey building that has 470 flats and 787 sq. Metre of retail space. Additionally, parking spaces, associated spaces and open public places are also going to be provided. The detail has been approved and the project is due to start on the first quarter of 2020. The completion time is estimated by the third quarter of 2022, or a total of 32 months. [![](https://www.hankzarihs.com/wp-content/uploads/2018/03/Banner-V3_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## Bridging Loan by Hank Zarihs Associates The approximate value stands at £80M. The total floor area is 2531 sq. Metre and there will be one underground storey. There will be 271 one bed, 152 two bed, 35 three bed and 12 five+ bed houses. The funding has been completely private and it is being completely taken care of by [**HZA**](http://www.fxstat.com/en/user/profile/FirespinFinance-83026/blog/29856826-What-is-the-current-property-market-like-and-is-there-any-booms). Kohn Pedersen Fox (International) PA is the main architect along with Allies & Morrison Urban Practitioners. GVA Grimley Limited is the planner and Mr. James McAllister, the senior planner is the main contact. Gleeds UK Head Office is the quantity surveyor and Troup Bywaters & Anders Head Office is the sustainability consultant. The Project manager, the Management contractor and the Groundworks subcontractor all are Canary Wharf Group PLC. Ms. Diane Blackwell is the main contact for both project manager as well as management contractor. Additionally, Ms. Charmaine Waite, Office Manager is also a main contact for management contractor. The Frame subcontract is being given to the O’Halloran & O’Brien Limited. Here, the main contact is Mr. Kieron Duggan, who is the contracts manager. Therefore, the construction of WOOD WHARF, PRESTONS ROAD – PLOTS E3 & E4 has been well approved and is due to start. The detailed and through help as well as support of [**Hank Zarihs Associates**](https://www.hankzarihs.com/development-finance-hza/) in the main funding of this construction has been a key factor for this project to be approved so soon. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** bridging loan brokers, bridging loan for property development, Bridging Loan london, cheap bridging loans --- ### [UK House Prices Show 2.8 per cent rise](https://www.hankzarihs.com/house-prices-building-finance/) **Published:** March 7, 2019 **Author:** Shiraz Khan **Content:** **Building Finance News:**– Annual house prices for the three months leading up to the end of February showed a year-on-year rise of 2.8 per cent, according to the [Halifax House Price Index](http://www.halifax.co.uk/media-centre/house-price-index/). The latest quarter revealed a 1.8 per cent rise compared with the previous three months and February saw a 5.9 per cent increase in prices compared to January. The new figures take the average price of a house in the UK to £236,888. [![Development Funds](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## Building Finance by HZA Halifax’s managing director, Roger Galley, said the latest data was the first time there was an annual, quarterly and monthly rise since October 2018. “The shortage of houses for sale will certainly be playing a role in supporting prices. House price growth is now at 1.8 per cent, an increase from the 0.6 per cent fall last month, and back at the rate we saw from July to September 2018. Annual house price growth at 2.8 per cent, is within our expectations, but is fairly subdued compared to 2015 and 2016, when the average growth rate was 8.3 per cent.” He said there were economic factors restricting greater growth in the market. “People are still facing challenges in raising a deposit which means we continue to expect subdued price growth for the time being. However, the number of sales in January was right on the five-year average and, at over 100,000 for the fifth consecutive month, the overall resilience of the market is still evident.” January saw 101,170 home sales – close to the five year average of 101,291. This is the fifth consecutive month where over 100,000 homes have been sold, leading to a 0.9 per cent quarterly rise when comparing sales in November to January, according to HMRC stats. **Housing sales hold up despite economic pressures** Residential property developers can take heart over the new figures which help support their case that demand still outstrips supply when seeking [building finance](https://www.hankzarihs.com/). Bank of England industry-wide figures show the number of mortgages approved for house purchases, an indicator of completed house sales, rose 3.6 per cent to 66,766 in January. The January rate is marginally above the five-year average monthly approval rate of 66,366, and is 1,635 above the previous 12-month average. But the Royal Institution of Chartered Surveyors’ residential market survey for January was less encouraging with a drop for the third month in a row on new enquiries, instructions and sales. National sales to stock level dropped to 31.5 per cent, which is the lowest rate it has been since September 2013. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** building finance, fast bridging finance, House Building Finance, non status bridging finance --- ### [HURLINGHAM RETAIL PARK DEVELOPMENT is due to start](https://www.hankzarihs.com/hurlingham-property-development/) **Published:** March 7, 2019 **Author:** Shiraz Khan **Content:** **PROPERTY DEVELOPMENT NEWS:-** The redevelopment of the HURLINGHAM RETAIL PARK is being planned. The target is to provide retail, residential units and office with associated landscaping, parking and works. The address of the redevelopment site is Hurlingham Retail Park, 1-3 Carnwath Road, Fulham, and London, SW6 4SS. The tender has been approved and the estimated value of the site is currently £60M. It is being governed by the council of Hammersmith and the project is due to start by the second quarter of 2020. [![Development Funds](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## PROPERTY DEVELOPMENT BY HZA It will be taking an approximate 40 months of time, and therefore is likely to finish by the third quarter of 2023. The total floor area is 3015 sq. Metre with 1.4 Ha being the site area. There will be 234 units that are going to be built, and the building will consist of 12 storeys. Additionally, 235 parking spaces will also be allotted. [**HZA**](https://www.hankzarihs.com/fast-bridging-finance/) has taken care of the[ **funding**](https://moneyhighstreet.com/risk-losing-your-property-deposit/) completely regarding this redevelopment. The Royal London Asset Management Limited and Co-op Homes Limited are the main clients. Mr. Drew Watkins, Fund Manager is the main contact. The associated developer is London & Newcastle Plc with Ms. Baerbel Schuett, Development Director being the main contact. The Architect is Hopkins Architects, with contacts Mr. Andrew Barnett, Architect, Ms. Alexandra McCartney, Architect and Ms. Sophy Twohig, Architect. DP9 Limited is the planner, with Tom Stuart-Smith Limited being the landscape architect. The civil engineer is WSP Parsons Brinckerhoff (Head Office) with contacts Mr. Andrew Marshall, Civil Engineer, and Mr. Enrico Isnenghi, the Technical Manager. The sustainability consultant is Waterman Building Services Limited with Ms. Jessica Lewis, Principle Consultant as the main contact. Londonewcastle is the project manager, with Jones Lang Lasalle as the employers’ agent, Mr. Mark Curtis being the main contact there. Bouygues UK Limited is the selected preferred bidder. With the help and support of **HZA**, the HURLINGHAM RETAIL PARK DEVELOPMENT is surely going to be completed in the best possible way. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** cheap bridging loans, property bridging loan, property developer finance, property refurbishment loans --- ### [HARLOW PRIORITY ESTATES PROJECT Construction Started](https://www.hankzarihs.com/refurbishment-loans-harlow/) **Published:** March 6, 2019 **Author:** Shiraz Khan **Content:** **Refurbishment Loans News:-**The building of the HARLOW PRIORITY ESTATES – THE BRIARS, COPSHALL CLOSE AND AYLETS FIELD have been started at The Briars, Aylets Field, Copshall Close, Harlow, Essex, CM18 7DG. The main plan is to regenerate the building which will provide development to the 343 dwellings. This is being done due to the demolition of the bungalows with new community centre. Parking will be associated and infrastructure will be provided to access the estate roads. The detail planning is approved. [![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) # **Refurbishment Loans HZA** The estimated value of the site is roughly £54M. The materials consist of doors, windows, tiles and bricks. The security and movement services are also provided. HW/PL/15/00229 is the planning reference. The date of application goes back to 15th May, 2015. The project has started on July 2016 and is supposed to end at July 2021. The total floor area is 77 sq. Metre with 343 units. This has all been done by the [**funding**](https://www.hankzarihs.com/refurbishment-finance/) and support of HZA. Harlow District Council is the project manager. The Civil Subcontractor are Houlihan & Company (Excavations) Limited and Countryside Properties. Houlihan & Company (Excavations) Limited are also the Foundations and the Groundworks subcontractor. Norman Gutteridge is the Heating & Ventilation subcontractor, Mechanical subcontractor as well as Plumbing subcontractor. The Electrical subcontractor, the Fire Protection subcontractor and the Security subcontractor are given to Laser Electrical Services Limited. Dilpreet Brickwork Limited is the external walls subcontractor, and Shore Scaffolding Limited is the Scaffolding subcontractor. The Demolition subcontract has been given to Erith Group and JP Gattrell (Joinery) is the Joinery subcontractor. Munster Joinery Limited is the Windows subcontractor and the Central Essex Interiors Limited is the Ceiling finishing subcontractor, the interior fitting out subcontractor and the wall finishing contractor. The painting & decorating subcontract is under DP Lawless. The interior fitting out subcontractor are T Patton Limited, Commodore kitchens Limited and The Symphony Group PLC. Lastly, Contour Roofing has the roofing subcontract. Thus, the HARLOW PRIORITY ESTATES – THE BRIARS, COPSHALL CLOSE AND AYLETS FIELD is being regenerated with the help and support of the [**HZA**](http://www.talkmarkets.com/member/james-helliwell/blog/guide-to-the-bridging-loan-market-and-how-to-apply-for-bridging-loans?post=198774). ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Refurbishment Finance Funding Loans, refurbishment finance harlow, refurbishment loans, Residential Development Finance --- ### [Hurlingham Retail Park Development](https://www.hankzarihs.com/building-finance-newcastle/) **Published:** March 6, 2019 **Author:** Shiraz Khan **Content:** **Building Finance News:**– An extra 21,000 new homes are expected to be built over the next 12 years in Newcastle under new development plans for the North East. Lower, Middle and Upper Callerton, Kingston Park, Newbiggin Hall and Newcastle Great Park have been identified as key growth areas. [![hurlingham retail park](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) In May the mayor for the new devolved authority of Newcastle, North Tyneside and Northumberland will be elected. The new council is set to bring an extra £600m of investment to the region over the next 30 years. Savills associate director for residential research, Emily Williams, said the authority’s new powers of land acquisition and disposal were likely to make the planning process easier. “Our residential forecasts show areas which are more affordable have the greatest potential for growth. Newcastle has done well in housing delivery but there has been very little purpose built rental stock and this is important when it comes to thinking about who you are trying to attract in the city.” ## **Mixed use developments are key** She added that residential schemes in city centres with office, retail and leisure space were likely to make brownfield sites more attractive and spread risk. Developers seeking building finance for such schemes are expected to be in a relatively strong position. Savills’ Spotlight on Newcastle: A north eastern powerhouse report identifies city centre schemes such as Helix, East Pilgrim Street and Stephenson Quarter as key to driving growth in the city. Newcastle’s affordability ratio is the lowest out of the UK’s nine core cities of Bristol, Birmingham, Cardiff, Leeds, Manchester, [Liverpool](https://www.hankzarihs.com/liverpool/), Nottingham and Sheffield. In the last decade it has seen a 26 per cent rise in earnings growth with its nearest rival Leeds at 22 per cent. Digital start-ups have increased by 154 per cent from 2011 to 2016 with a future £120m fund to help support 600 businesses and start-ups creating 2,500 jobs in the next five years. In 2018, Newcastle-based businesses attracted £27m in venture capital funding outperforming [Birmingham](https://www.hankzarihs.com/birmingham/), [Leeds](https://www.hankzarihs.com/leeds/) and [Glasgow](https://www.hankzarihs.com/glasgow/). Newcastle is home to the The Sage Group – the only FTSE 100 software company based in the UK. ## **Building Finance:- Room to expand** Savills advises the city should increase its grade A office supply which currently stands at just 175,000 sq ft. It warns that there is a risk of dynamic companies going elsewhere when they need to grow. Savills predicts rents rising by 10 per cent over the next three years from the current £23 per sq ft. There is also a need for more industrial warehousing in the region as supply has fallen by 37 per cent since 2011. Savills says landlords and developers should consider speculative development of good quality industrial space or refurbishing second hand stock to bring it up to standard. Around 14,000 new jobs are expected to be created over the next 12 years with the city’s population increasing by 6 per cent to reach 310,000 by 2030. The regional population is also expected to increase significantly reaching 2.75 million in the next ten years. About 299,000 people currently work in the combined urban cores of Gateshead and Newcastle with 45 per cent travelling to work from outside these two local cities. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** best bridging finance, bridging loan companies, building finance, property development finance newcastle --- ### [Construction Activity Declines for First Time in 11 Months](https://www.hankzarihs.com/residential-development-finance-news/) **Published:** March 5, 2019 **Author:** Shiraz Khan **Content:** House building increased for the 13th month running but was the only sector in construction to show growth in February, according to the Purchasing Managers’ Index. UK building companies said their business activity dropped in February ending a ten-month expansion. The decrease in construction work was led by reductions in commercial building and civil engineering activity. [![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) # Residential Development Finance Tim Moore, economics associate director of IHS Markit, which compiles the index, said clients were delaying decision making on building projects. “Risk aversion in the commercial sub-category has exerted a downward influence on workloads throughout the year so far. This reflects softer business spending on fixed assets such as industrial units, offices and retail space.” Fewer orders so far in 2019 has meant job creation has remained subdued for February. For the first time since the snow disruption in March last year, the seasonally adjusted index dropped below the no-change 50 mark to 49.5. Apart from this brief weather-related decline in output, the latest reading was the lowest since September 2017. ## **Residential sector begins to show cracks** Residential housing work was the best performer but not strong enough to offset declines for commercial and civil engineering work. There were also reports that low transaction volumes and a general drop in confidence across the housing market had acted as a brake on residential building. Chartered Institute of Procurement & Supply group director, Duncan Brock, said Brexit fears had affected commercial and civil engineering activity with client uncertainty over placing new orders. “This meant the relatively weak residential building sector was the best performer. However, with consumer confidence also waning, housing is likely to follow suit in the coming months. The domino effect of stockpiling by other sectors, such as manufacturing, impacted on supplier performance, as builders competed for dwindling supplies of raw materials, while transportation availability also became a problem, leading to supply chain bottlenecks.” He said this had led to the second longest deliver times since March 2015 affecting work already in progress. “On the upside, input price inflation was not as strong compared to the last couple of years and employment creation was modestly maintained in spite of some companies placing a freeze on any new hires. In short, the foundations of the construction sector are crumbling under the weight of Brexit and businesses are switching to survival mode until the way forward is cleared.” However, many finance brokers are saying that so far demand for residential [development finance](https://www.hankzarihs.com/development-finance/) is still relatively strong. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Commercial property loan, residential bridge loan, Residential Development Finance --- ### [Parents Prefer Apprenticeships to Degrees, Claims FMB](https://www.hankzarihs.com/property-development-finance-fmb/) **Published:** March 5, 2019 **Author:** Shiraz Khan **Content:** **Property Development Finance:-** Rolling up your shirt sleeves and learning a practical trade has the edge over going to university, according to the Federation of Master Builders, FMB. The Federation surveyed 2000 adults to find out their views on education to mark National Apprenticeship Week, March 4 to 8. [![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## Property Development Finance They found 25 per cent of respondents would rather their offspring signed up for an apprenticeship compared with 24 per cent in favour of studying for a degree. Half of all those questioned said they had no preference about which two options their children chose. FMB chief executive, Brian Berry, said there was a shift in attitudes with more people understanding the benefits of a vocational education. “For too long, apprenticeships were looked down on and seen as the alternative route if children weren’t bright enough to follow the more academic route. With university fees in England going through the roof, and with apprenticeships offering an ‘earn-while-you-learn’ route to a meaningful job, it’s no wonder that the penny has finally dropped. “Apprenticeships are a brilliant career path and there are plenty of exciting opportunities in sectors like construction – we’re crying out for more young people to join our ranks.” ### **Customers favour builders who invest in training** Berry said the survey also showed that nearly two thirds of respondents would have a more positive reaction to firms which they knew offered apprenticeships. And 41 per cent said they would be more likely to hire a building firm that trains young people than those which don’t. “The [**construction industry**](https://www.thehouseshop.com/property-blog/making-your-property-more-saleable-with-unique-features/18627) must step up and make more apprenticeship places available to young people. Not only will firms be helping train the next generation, apprenticeships are also good for the bottom line. He added: “It therefore makes sense, on every level, for building companies to step up their apprenticeship training and not only that, make sure your clients know about it. Shout about it on your website and social media platforms or better still, introduce your apprentices to your clients. Because what’s clear is, apprenticeships are good for business,” said Berry. The survey was carried out by OnePoll on behalf of the FMB. The findings follow building industry research highlighting a shortage of joiners, bricklayers, electricians and surveyors. Builders seeking **[property development finance](https://www.hankzarihs.com/)** are in a much stronger position if their business plan can prove that they have the right team to deliver the job. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** property developer finance, property development finance, property development loans, property development mortgage --- ### [CHELSEA WATERFRONT- 112 Flats Construction Started](https://www.hankzarihs.com/bridging-loans-chelsea/) **Published:** March 4, 2019 **Author:** Shiraz Khan **Content:** **Bridging Loans News**:-The construction of CHELSEA WATERFRONT- LOTS ROAD PLOT HS3, HARDWICK HOUSE-112 FLATS is being done at Former Power Station, Lots Road, Chelsea, and London, SW10 0QD. The main scheme is building 112 flats with associated parking and landscaping. The detail planning has been granted and the subcontract has been awarded. The price of the site is roughly £26M. Kensington and Chelsea council are looking after the construction. The project has started on May 2017 whereas the tender was awarded on 11th April, 2016. [![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## [Bridging Loans](https://www.hankzarihs.com/bridging-loans-chelsea/) by HZA There will be a total of 112 units which will consist of 2 bedroom development and 3 bedroom developments. There will be decorative landscaping provided as well, with the provision of surface car parks being provided. The whole of the funding has been done by [**Hank Zarihs Associates**](https://www.hankzarihs.com/contact-us/) as well as proper help and guidance in every step has also been provided by them. Hutchinson Whampoa is the client, with Farrells Head Office as the architect. The main contact is Mr. Nigel Bidwell, Project Architect. DP9 Limited is the planner, and the landscape architect being Randle Siddeley Associates. Mr. Mike Brizell, Landscape architect and Mr. Peter Igoe, Landscape architect are the main contacts. The structural engineer as well as the civil engineer is Buro Happold, with Mr. Richard Reynolds, Associate Director being the main contact. Hutchinson Whampoa is also the project manager, with Mr. Gilbert Gehrmann, projects manger being the main contact. United Living (South) Limited is the contractor and JRL Environmental Limited being the Foundations subcontractor. JRL Environment Limited is also the groundworks subcontractor as well. LJJ Contractors Limited is the fire protection subcontractor, the heating & ventilation subcontractor, the M & E subcontractor, the Plumbing subcontractor, and the security subcontractor as well. The external walls subcontractor and the scaffolding subcontractor is DWG Scaffolding Limited. Radius Contract Flooring Limited is the floor finishing subcontractor with Tilbury Contracts limited being the Roofing subcontractor. London Hoist Limited and London Tower Crane Hire are the plant subcontractors. With the help of [**HZA**](https://www.thehouseshop.com/property-blog/making-your-property-more-saleable-with-unique-features/18627), the building of the CHELSEA WATERFRONT- LOTS ROAD PLOT HS3, HARDWICK HOUSE-112 FLATS is in good shape. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** bridging finance loans london, Bridging Loans, Development Finance Lenders, property auction finance, property bridging loan --- ### [Chippies and Bricklayers Should be Encouraged to Migrate to the UK](https://www.hankzarihs.com/development-finance-uk/) **Published:** March 2, 2019 **Author:** Shiraz Khan **Content:** **Development Finance News:**– Building trade bodies have called on the Government to prioritise migration of key construction workers once the UK leaves Europe. Bricklayers, carpenters, engineers, electricians, planners, plant operators, production managers, surveyors and structural engineers are among the 18 skilled roles in short supply. [![Development Funds](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) Build UK, the Federation of Master Builders, the National Federation of Builders and Chartered Institute of Building, CIOB, are some of the nine organisations asking for these roles to be added to a shortage occupation list. The campaign follows results of a survey conducted by CIOB showing a deficit of workers in key disciplines. The organisation said, while it recognised the industry should be more ambitious in training and recruiting within the UK, it still needed to source from abroad. # **Development Finance News – Near future skills deficit** [CIOB](http://www.ciob.org) policy and public affairs head Patrick Cusworth, said: “Research has shown that in the short-to-medium term the industry needs to be able to continue to access migrant labour in a number of key professions such as construction and project management and a number of site-based roles. “If we are to deliver ambitious housing and infrastructure targets and deliver the quality and high standards people expect, then we must ensure that we have the flexibility in place to recruit to these roles, while at the same time taking a longer view on recruitment and retention in the UK construction industry.” National Federation of Builders chief executive Richard Beresford, said the construction industry had worked together to produce a clear picture of where lack of skills lay. “It is vital we continue to work together to improve capability in these areas and with the Government to ensure that skills are part of a comprehensive immigration scheme.” Build UK said the survey gave clear evidence of the specific roles which should be on the shortage occupation list. Chief executive of Build UK, Suzannah Nichol, said: “Construction projects across the UK are being held back by a shortage of suitable skills.” Missed deadlines are also problematic for developers too wanting to re-finance with [development finance](http://www.hankzarihs.com/development-finance) at more competitive rates. The other six organisations supporting the campaign are: the Association for Consultancy & Engineering, the Construction Plant Hire Association, the Construction Products Association and the Highways Term Maintenance Association. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** bridging finance loans in london, Development Finance, funding property development Finance, UK Residential Development Finance --- ### [House Prices see Modest year-on-year Growth for Feb](https://www.hankzarihs.com/residential-development-finance-feb/) **Published:** March 1, 2019 **Author:** Shiraz Khan **Content:** **Residential Development Finance News:-** Annual house prices increased by just 0.4 per cent for the year finishing at the end of February 2019, according to the [Nationwide index](http://www.nationwide.co.uk/about/house-price-index/headlines). However, there was a slight 0.1 per cent dip in house prices for February with the average figure at £211,304 compared with £211,996 in January. [![Development Funds](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) Nationwide’s chief economist, Robert Gardner said: “Measures of consumer confidence weakened around the turn of the year and surveyors reported a further fall in new buyer enquiries over the same period. “While the number of properties coming onto the market also slowed, this doesn’t appear to have been enough to prevent a modest shift in the balance of demand and supply in favour of buyers in recent months.” # **Residential Development Finance:- First time buyers make a difference** He pointed to data produced by the housing, communities and local government department showing a slight rise in home ownership in 2018 to 63.5 per cent compared with 62.6 per cent in 2017. “The number of people owning their own home with a mortgage rose by 5 per cent over the year to 6.9 million, though this is still 20 per cent below the peak recorded in 2000. “Supportive labour market conditions and a number of policy changes, especially in the regulatory and tax system, have improved the bargaining position of home buyers relative to investors.” Lenders point to the government’s ‘help to buy’ equity loan scheme enabling first-time buyers to get their foot on the ladder as boosting home ownership numbers. Foundation Home Loans marketing director, Jeff Knight, said: “There are numbers of buyers and sellers shrugging off economic concerns to progress with their property ambitions, and seizing the opportunity to snap up discounted homes in the process. “Indeed, we have read just recently that we have seen a big rise in first time buyer activity, who now represent a big part of the market, which is a good sign and shows the impact of recent initiatives. And I also expect a number of landlords to see an opportunity to expand their portfolios.” The biggest improvement in home ownership in the last year has been among the 35 to 44 year olds. However, at 57 per cent, the rate is still well below its peak of 73 per cent in 2006. Lack of supply and government attempts to stimulate house building means the demand for [residential development finance](http://www.hankzarihs.com) is expected to stay strong. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Development and Refurbishment Finance, Residential Development Finance, residential non status bridging loan --- ### [Demand Exceeds Supply for Prime Office Space in Bristol](https://www.hankzarihs.com/commercial-property-finance-bristol/) **Published:** February 28, 2019 **Author:** Shiraz Khan **Content:** **Commercial Property Finance News**:- Speculative office developments would help address Bristol’s chronic under-supply of grade A office space, says real estate advisors [Savills](http://www.hankzarihs.com). Office-based employment is forecast to grow by 7.5 per cent with 8,686 new white collar jobs over the next five years. [![Development Funds](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## Commercial Property Finance However, the city’s office supply has rapidly decreased since 2010 and sits at just 450,000 sq ft of which less than 100,000 sq ft is grade A. Bristol city centre currently has a vacancy rate of just 3.6 per cent. Savills commercial research analyst, Pearl Gillum, said: “Bristol doesn’t currently have enough available office supply to meet the demand for one year of take-up. Speculative development is therefore a welcome addition to the market and very much required to meet Bristol’s current demand.” Developers seeking building finance for grade A offices would be able to put together a strong business case for [commercial property finance](http://www.hankzarihs.com). ### **New Schemes Expected** Bristol has two speculative developments under construction both due to complete in 2020. AXA/Bell Hammer’s Assembly Bristol will provide 200,000 sq ft of grade A space together with Public Realm and Riverside Walkway, which is due to complete in October 2020. Royal London is developing The Distillery due to finish in April 2020 and will offer an additional 90,000 sq ft in three separate buildings. The city currently has a number of schemes in the pipeline totalling up to 850,000 sq ft. Some of these could be delivered as soon as 2021 but others may slip into 2022, warns Savills. Bristol is on track to have a steady flow of grade A space becoming available, but supply will remain tight until at least the summer of next year. This lack of supply saw 2018 city centre take-up fall broadly in line with the long term average but 13 per cent below 2017. In total, Bristol city centre saw 532,000 sq ft of office space taken during 2018 across 105 deals, of which 129,000 sq ft could be considered grade A. However, in Bristol’s out-of-town market take-up was 26 per cent above the 10-year annual average, ending 2018 with a total office take-up of 401,000 sq ft. Top rent achieved in 2018 was £35 per square ft – an increase of 8 per cent since 2017 with technology media and telecommunications accounting for nearly a third of take up. Savills expects rental growth of grade A and [**refurbished space**](https://www.thehouseshop.com/property-blog/making-your-property-more-saleable-with-unique-features/18627) to exceed £35 per sq ft in 2019. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** commercial property finance --- ### [Construction Industry Piles Pressure on May to Avoid a ‘no deal’ Brexit](https://www.hankzarihs.com/construction-finance/) **Published:** February 27, 2019 **Author:** Shiraz Khan **Content:** **Construction Finance News**:- Job losses, business failures and a sharp dip in building activity would happen if the UK leaves the EU without a deal, warn construction trade bodies. The sector’s four leading organisations wrote an open letter to the Prime Minister, Theresa May, on Wednesday, February 27, spelling out the dangers of exiting with no agreement. [![Development Funds](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## Construction Finance “Leaving in an unplanned way could lead to a fall of at least 4 per cent this year and 2 per cent next year in the £163 billion construction industry, and the greatest impacts felt on the house building and commercial sectors, which would both be expected to fall by at least 10 per cent in 2019,” warn the letter’s authors. They add that delays in building homes “desperately required” and important infrastructure projects, such as hospitals will affect everyone. This might also impact on the costs of [building finance](http://www.hankzarihs.com) if projects miss deadlines. ### **New Office Developments Already Affected** The letter continues that uncertainty since the EU Referendum in June 2016 has already resulted in the number of contracts for major new office projects falling. “The [**UK economy**](http://www.stockhouse.com/blogs/uk-real-estate-blog/november-2018/short-guide-to-buying-property-in-the-uk) mirrors the construction economy and the lack of knowledge and information around the UK’s exit from the EU has already reduced investment and output which will not be recovered,” states the letter. It concludes with a plea for parliamentarians to agree on EU trading arrangements swiftly warning that there are limits to the sector’s resilience. The letter highlights that the industry has not forgotten the 2008 recession where there were nearly half a million job losses and countless business failures. Build UK and The Federation of Master Builders were among the organisations who signed the letter. The Construction Products Association, the Association for Consultancy and Engineering and the Civil Engineering Contractors Association also put their name to the correspondence. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** building finance, commercial property finance, construction finance, Fast Commercial Bridging Loans --- ### [The “COLLEGE GARDENS”– Project gets Green Signal for Redevelopement](https://www.hankzarihs.com/development-funds-hza/) **Published:** February 26, 2019 **Author:** Shiraz Khan **Content:** **Development Funds News**:- Barkin Developments Limited and Barratt Homes Manchester Limited have come together to redevelop the COLLEGE GARDENS – 140 HOUSES, located in Land off Sutton Way, Ellesmere Port, in Cheshire, CH65 8EJ. The redevelopment will provide houses consisting of two, three and four bedrooms. The reconstruction is going in an area of 3.4 Ha with 140 units of apartments consisting of 132 three bed, 6 two bed,and 2 four bedroom houses. There are 280 parking garages allotted. It started in mid-January,2017 and is expected to finish by the mid-March,2019. The value is being estimated at £14 M. [![Development Funds](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## Development Funds – HZA The material will consist of the envelope of windows, external doors, the cladding of tiles and brickwork. Security will include permanent fencing, concrete paving, soft landscaping, boundary fencing, new mains supply, new access,and hard landscaping. [**Hank Zarihs Associates**](https://axcessnews.com/world/breaking-world/london-property-an-economy-guide-for-investors-looking-into-2019_7739/) provides the funding for this,and another necessary support is also provided by them. The redevelopment has been approved. The chief architect behind this is Escape Urbanists. TEP Limited is the landscape artist present. The consulting engineers are from Curtis Consulting Limited. There are two contacts associated with it, one being Mr. Aaron Tilley, Associate and Mr. Alex Bogt, Transport Planner. A civil engineer is from Cole Easdon Consultants. The contractor is Barratt Homes Manchester Limited with the civilian subcontractor as TPS Plant & Groundworks limited. The groundwater subcontractor consists of TPS Plant & Groundworks limited, AJCornell Contractors and Thomas Contracting Limited, with Mr. Wyn Thomas, the Director. The Plant subcontractors include Thomas Contracting Limited and AH Plant Hire Limited. Mr. Tony Cornall is the owner of AJCornell contractors, who are the civil contractors. The groundworks, plants as well as the landscaping subcontractor is Fox Brothers (Blackpool) Limited. Jim Yates & Sons limited is the Foundations and groundworks subcontractor as well. NPR Management Services Limited T/A Select Security Services is the security subcontractor. The plant subcontractors include Cross Plant Hire Limited, Garic Plant, with Pump power Rentals Limited being the plant subcontractor. The investors in COLLEGE GARDENS – 140 HOUSES are sure to get a significant return because the project will be a success due to the all-round assistance from [**HZA**](https://www.hankzarihs.com/development-finance-hza/). ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** bank loan for property development, Development Funds, loans for property refurbishment, Residential Development Finance --- ### [Repossession Claims Increase After Decades of Going Down](https://www.hankzarihs.com/online-development-finance/) **Published:** February 23, 2019 **Author:** Shiraz Khan **Content:** **Online Development Finance:-** Mortgage repossessions claims in county courts jumped by 30 per cent in the final quarter of 2018 compared with the previous year, according to [Ministry of Justice](http://www.gov.uk/government/statistics/mortgage-and-landlord-possession-statistics-october-to-december-2018) figures. Mortgage orders, warrants and repossessions by county court bailiffs have risen by 29, 30 and 5 per cent respectively. Repossessions from October to December 2018 increased to 1,046 – a rise of 5 per cent compared to the same period in 2017. However, this was a similarly low figure to repossession levels over the last four years. The average time from claims to repossessions has increased to 52 from 42 weeks in the final quarter of 2017. ## **[![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/)** ## **Online Development Finance – North West Feels the Pinch** The North West had five of the largest ten repossession rates with Rossendale the highest at 26 per 100,000 households. There were 89 authorities across England and Wales who had no repossessions in the final quarter of 2018. Shiraz Khan, chief executive of property finance brokerage [Hank Zarihs](http://www.hankzarihs.com), said: “This part of the UK has become extremely popular with Manchester a property hotspot. Some people may have overstretched themselves. However, this could be an opportunity for buyers looking for a bargain at auction houses providing they have their [property development finance](https://www.hankzarihs.com/development-finance/) in place before they go.” The Ministry of Justice said the low level of actual possessions was due to a proactive approach from lenders in managing consumers in financial difficulties. It said intervention initiatives such as the Mortgage Rescue Scheme and the introduction of the Mortgage Pre-Action Protocol had helped. “Additionally, the downward trend seen in recent years mirrors that seen in the proportion of owner-occupiers,” said the Ministry of Justice. UK Finance figures showed 540 buy-to-let mortgaged properties were repossessed in the fourth quarter of 2018 – a 14 per cent drop than in the same quarter in 2017. Landlord possession claims, orders and repossessions by county court bailiffs decreased by 8 per cent, 5 per cent and 3 per cent respectively. The general fall across landlord possession actions continues the long-term decreasing trend seen since the second quarter of 2014. Landlord possession claim rates were highest in London, with 9 of the 10 highest rates occurring in the London region. Barking and Dagenham had the highest rate – 320 per 100,000 households. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** commercial mortgage broker, Development Finance Lenders, Fast Commercial Bridging Loans, Online Development Finance --- ### [Council’s Need to Raise their Housing Delivery Game](https://www.hankzarihs.com/building-finance-hza-3/) **Published:** February 24, 2019 **Author:** Shiraz Khan **Content:** **Building finance News**:- A third of local authorities failed to meet new housing delivery targets set by the government, according to the latest [data](http://www.gov.uk/government/publications/housing-delivery-test-2018-measurement). Ministry of Housing, Communities and Local Government revealed 108 authorities out of 327 were unsuccessful in meeting the new 95 per cent delivery goal. These authorities will now be asked to set out action plans to explain why they missed their targets and what they will do to remedy this. ## **[![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/)** ## Building finance by HZA Out of the 108 councils who didn’t hit the mark, 87 authorities were below the 85 per cent delivery rate. These councils will now be subject to a buffer where they have to build 20 per cent more homes to their five-year land supply. [House Builders’ Federation](http://www.hbf.co.uk) communications director, Steve Turner said: “Basically, it’s fundamental to making sure the planning system is working. They must put a housing plan in place and once they have, they should deliver it. It’s government making sure they are abiding by their responsibilities.” ### **A third of London boroughs are also below target** Nine London boroughs were below the 85 per cent mark with a further two below 95 per cent delivery. London planning authorities in key locations could find themselves under pressure to accept developers’ plans with a possible rise in the need for new [building finance](http://www.hankzarihs.com). The figures were published for the first time and were calculated using total net homes built over a three year period, 2015-16 to 2017-18, divided by the total number needed. No local authority delivered fewer than 25 per cent of their housing need so none will face the ‘presumption in favour of sustainable development’ penalty. However, the presumption penalty threshold will increase to 45 per cent from November 2019 and to 65 per cent in November 2020. Government housing minister Kit Malthouse pointed out that 219 authorities, 67 per cent, had ‘risen to the challenge, of meeting housing need. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** bridging finance loans in london, building finance, Development and Refurbishment Finance, UK Residential Development Finance --- ### [The construction of WEMBLEY PARK – PLOT E01 & E02 is going on](https://www.hankzarihs.com/refurbishment-loans-wembley-park/) **Published:** April 19, 2019 **Author:** Shiraz Khan **Content:** **Refurbishment Loans News:-** The project WEMBLEY PARK – PLOT E01 & E02 is undergoing construction at E/O Wembley Stadium, Engineers Way, Wembley, Middlesex, HA9 0EG. The council of Brent is looking under this construction. The project had started on August 2017. The scheduled period was expected to be of 36 months. Therefore, the project is supposed to finish by August 2020. The total floor area is 3376 sq m and the site area is 1.28 Ha. [![Fast Bridging Loans](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) There are 4 structures being constructed, which will be consisting of 16 storeys. A total of 633 units are provided, which will be consisting of 342 one bed houses, 229 two bed houses, 55 three bed houses and 7 four bed houses. There will be 192 spaces allotted for parking as well. The total value for the construction of this project is £161.5M. ## **The companies included in WEMBLEY PARK – PLOT E01 & E02** The client of this project is Quintain Estates & Development Plc. The architect is PRP Architects. The main planner is WYG. The landscape architect is LDA Design. Systra UK is the transport consultant. The project manager is GVA Grimley Limited. Quintain Estates & Development Plc is also the project manager for this construction. The foundations subcontractor is O’Keefe Construction Limited. O’Keefe Construction Limited is also the groundworks subcontractor for this very project. The main contractor is Wates Group Construction & Smartspace. JRL Environmental Limited is the frame subcontractor. The electrical subcontractor is CD Engineering. ### **Refurbishment Loans – How can HZA help?** As to get proper and effective advice on getting the different varieties of the commercial [**refurbishment loans**](https://www.hankzarihs.com/refurbishment-finance/), along with the advice on [**quick bridging loans**](https://www.hankzarihs.com/fast-bridging-finance/) with the discussion of different ranges of finance as well, the Property Development finance brokers **Hank Zarihs Associates** are available. Their all round support in a construction is really instrumental and one get the necessary loans without any hassle. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Bridging Finance Lenders, Commercial Refurbishment Loans, property development loans, quick bridging loans --- ### [UK cities reveal house price growth across the board of 2.8 per cent](https://www.hankzarihs.com/instant-bridging-finance-uk/) **Published:** March 27, 2019 **Author:** Shiraz Khan **Content:** **Instant Bridging Finance News:-**All 20 cities in estate agent Zoopla’s house price index have shown a rise in value of nearly 3 per cent in the year up to the end of February. This is the first time in three years that values have increased by this amount, said Zoopla. Leicester was the star performer with an average house price rise of 6.8 per cent followed by Manchester at 5.8 per cent and Glasgow at 5.7 per cent. [![Building Finance](https://www.hankzarihs.com/wp-content/uploads/2018/03/3-Banner.gif "3-Banner - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) Belfast, Liverpool, Birmingham and Cardiff all also posted gains of above 5 per cent. Cambridge posted the weakest increase at 0.2 per cent, followed by [London](https://www.zoopla.co.uk/for-sale/property/london) at 0.4 per cent, while prices edged ahead by just 1 per cent in Oxford. Property investment firm Bricklane.com said the results showed the underlying strength of the UK market. Chief executive, Simon Heawood, said: “Despite great political uncertainty, house prices are rising across the country; even in London, average house price growth is now back to positive territory, with the more affordable boroughs outside prime central London registering the strongest growth.” Zoopla warned that some of the large regional cities, such as Manchester and Birmingham, were showing signs of weaker growth ahead. Research and insight director, Richard Donnell, said: “House price growth has remained strong in regional cities over the last three years rising as much as 17 per cent since the Brexit vote, but signs of weaker growth are building as affordability pressures grow.” # **The capital begins to bounce back** Zoopla said while conditions in the London market remain weak, there were signs of a pick-up in demand following three years of re-pricing. Buyers who have delayed purchases since 2015 are beginning to see better value and are tempted back to the market, particularly while uncertainty over Brexit impacts wider sentiment, said the agency. The number of London postcodes that are registering price falls has started to reduce, dropping to 55 per cent down from 69 per cent in October 2019. The rate at which prices are falling in these markets is also relatively low at between 0 per cent and 5 per cent. ## **Instant Bridging Finance – Regional city price growth could slow this year** However, house price inflation in regional cities is starting to moderate, claimed Zoopla. It expects this trend to continue for the rest of 2019 as a result of growing affordability pressures and increased uncertainty. It predicts prices to continue to rise in Birmingham and Manchester, but at a slower rate that is closer to earnings growth. While subdued house prices in the past 12 to 18 months has often been blamed on Brexit, Zoopla pointed out housing transactions had remained resilient. It said this data suggested buyers remained active in the market as a whole, although some areas, such as London, were less attractive than others. **Instant Bridging Finance** broker **Hank Zarihs** said the index results showed the market for new private residential schemes remained buoyant with competitive rates for [building finance](https://www.hankzarihs.com/). ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** fast bridging finance, instant bridging finance, non status bridging finance, non status loans uk --- ### [Soho House Brighton Project is being Constructed](https://www.hankzarihs.com/development-finance-lenders-soho/) **Published:** March 27, 2019 **Author:** Shiraz Khan **Content:** **Development finance Lenders:-** The construction of SOHO HOUSE, MADEIRA DRIVE – PRIVATE MEMBERS CLUB is underway and this construction is taking place at Units 2 – 8 the terraces, Madeira Drive, Brighton, East Sussex, BN2 1AY. There have been a mixed funding for this project and the construction of this project has been started form the 3rd quarter of 2018. The governing body for this project is Brighton Council. [![](https://www.hankzarihs.com/wp-content/uploads/2018/03/Banner-V3_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) The total floor area on which the entire construction is going on sums up to 3208 sq. meters. Also, the total site area on which the actual construction is going on equals to 525 sq. meters. There will be a total of 4 structures that will be constructed on that area. Each of those 4 structures is going to have 2 storeys. The total [development finance](https://www.hankzarihs.com/development-finance/) value that will be required for this particular project is £60M. ## Soho house, Madeira Drive – Private Members Club The main client for this project is Brighton Seafront Regeneration Limited with Mr Richard Franklin as the main contact. Michaelis Boyd Associates is the main architect with Miss Telma Melim and Ms Zaa Eleena Julian as the main contacts. The main planner is Stiles Harold Williams. Portus & Whitton Associates is the landscape architect with the main contact being Mr John Whitton. The structural engineer is Eckerlsey O’Callaghan with Mr Toby Ronalds as the main contact. The main contractor for this project is Raymond Brown Construction limited with Mr Jeff Hill, the contact manager being the main contact. ### Development Finance Lenders – How can HZA help? The funding for the SOHO HOUSE, MADEIRA DRIVE – PRIVATE MEMBERS CLUB has been mixed and a major portion of the funding has been done by [Hank Zarihs Associates](https://www.hankzarihs.com/). Their easy to take loans and their all round support is one of the reasons why this particular project is going to be successful, ensuring that the investors get a high return. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** commercial development finance lenders, Development Finance Lenders, Development Finance Lenders Uk, property development finance lenders --- ### [House BUYING MORTGAGE Approvals Climb in February](https://www.hankzarihs.com/development-finance-mortgage/) **Published:** March 26, 2019 **Author:** Shiraz Khan **Content:** **Development Finance News:-** Mortgages for buying homes reached 39,083 last month – a 1.4 percent year-on-year rise according to UK Finance data. Gross mortgage lending across the residential market at £19.1bn was 2.5 percent higher than in February the previous year. The number of mortgages approved by the main high street banks in February 2019 was 2.2 percent lower than the same month in 2018. [![](https://www.hankzarihs.com/wp-content/uploads/2018/03/Banner-V3_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) # **Development Finance- Property price growth looks modest** Despite the increase in approvals and rise in overall lending values Ernst & Young’s economic forecasting unit, the ITEM Club is forecasting modest house price growth of just one percent this year. If the UK leaves the EU without a deal it is predicting house prices dropping by 5 percent in 2019. ITEM Club chief economic advisor, Howard Archer, added that Office of National Statistics data showing a 1.5 percent growth in earnings in the three months to January was positive. “The housing market should gain some support from modestly improved consumers’ real income growth, as well as record high and rising employment and still low-interest rates. Meanwhile, a shortage of houses on the market will also likely offer some support to prices.” He said poor performance in London and the South East had “dragged down the overall picture” on approvals and house prices. “Housing market activity remains hampered by relatively fragile consumer confidence and limited willingness to engage in major transactions. Caution over making major purchases is currently being magnified by current heightened uncertainties over Brexit.” Royal Institution of Chartered Surveyors, RICS’ February survey showed subdued inquiries, sales, and new instructions. More than three-quarters of respondents across the UK said Brexit uncertainty was the biggest challenge. Just over 70 percent felt it was impacting both buyers and sellers and only 8 percent thought it was having no effect either way. However, development finance providers said lack of housing supply would keep demand high and that building finance approvals for residential schemes were likely to remain buoyant. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** building finance, Development Finance, Development Finance Lenders, House Buying Mortgage, Refurbishment Finance Funding Loans --- ### [CAPITAL DRIVE, LINFORD WOOD – 172 FLATS is in an Advanced Stage](https://www.hankzarihs.com/bridging-finance-capital-drive/) **Published:** March 26, 2019 **Author:** Shiraz Khan **Content:** **Bridging Finance News**:- The privately funded planning and development of CAPITAL DRIVE, LINFORD WOOD – 172 FLATS is in a progressive stage at Atrium, 19 Capital Drive, Linford Wood, Milton Keynes, and Buckinghamshire, MK14 6QP. The details have been approved and the development is to be governed by the Milton Keynes Council. The materials going to be present are the services, the personal movement and the lifts. There will be only 1 structure that is going to be constructed. ![](https://www.hankzarihs.com/wp-content/uploads/2018/03/Banner-V3_dynamic.gif "- Bridging and Development Finance Solutions") The single structure is going to consist of a total 172 units in total. Among these 172 units that are going to be provided, the distribution is like 155 units to be made for the one bed houses and there will be 17 units for the two bed houses. The single building will consist of only 3 storeys. The total estimated **development value** that will be required for this project is £7.7M. **More about CAPITAL DRIVE, LINFORD WOOD – 172 FLATS** This was under the client group. As for the architect group, the main planner for the construction of CAPITAL DRIVE, LINFORD WOOD – 172 FLATS is KR Planning. Their address is 27 York Place, Bournemouth, and Dorset, BH7 6JN. Their contact number is 07545264252 (TPS). **Bridging Finance – How can HZA Help?** The funding in CAPITAL DRIVE, LINFORD WOOD – 172 FLATS has been completely done by **HZA**. Additionally, they have also provided their constant support and are making the availability of the capital very easy, which is why the construction is going very smooth and the project is expected to be a great success. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** best bridging finance, Bridging Finance Companies, Development Finance Lenders, short term bridging loans --- ### [Construction of H160 FORSTAL LANE – COXHEATH – 210 HOUSES is About to Start](https://www.hankzarihs.com/instant-bridging-loans-forstal-lane/) **Published:** March 25, 2019 **Author:** Shiraz Khan **Content:** **Instant Bridging Loans News**:-The H160 FORSTAL LANE – COXHEATH – 210 HOUSES is about to be constructed from the starting in the June of 2019 at Site H1, 60 Forstal Lane, Coxheath, Maidstone, Kent, ME17 4PY. The funding has been private and the Maidstone council is responsible for the construction. The total site area required for the project is 7.79 Ha. [![](https://www.hankzarihs.com/wp-content/uploads/2018/03/Banner-V3_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) There will be a total of 210 units that are going to be provided which will be fit in 3 storeys. Among the total 210 units, there will be 8 one bed houses, 35 two bed houses, 107 three bed houses, 46 four bed houses and 14 five+ bed houses. The total estimated [**development finance**](https://www.merchantcircle.com/blogs/firespin-new-york-ny/2018/11/Bridge-Loans-An-Effective-Tool-For-Selling-in-Slow-Market/1589800) value that will be required is £21M. **More about H160 FORSTAL LANE – COXHEATH – 210 HOUSES** Optivo is the main client along with Chartway Group Limited with Mr Chris Clarke as the main contact. Thrive Architects is the main architect with Mr Chris Privett as the main contact. Barton Willmore is the planner along with Simply Town Planning Limited with Mr Barry Williams and Mr Oliver Burton-Taylor as the main contacts respectively. Lloyd Bore Limited is the landscape architect with Mr Stuart Hubert as the main contact. The Mech. & Elec. Engineer is DW Windsor Limited with Mr. Michael Walker as the main contact. The civil engineer is GTA Civils Limited with Mr Neil Stevenson and Mr Simon Clare as the main contacts. Calibro Consultants is the transport consultant with Mr Stuart Choak as the main contact. The contractor is Chartway Group Limited is the contractor with Mr Chris Clarke as the main contact. **[Instant Bridging Loans](https://www.hankzarihs.com/fast-bridging-finance/)– How can HZA Help?** [**HZA**](https://www.hankzarihs.com/fast-bridging-finance/) has made the availability of the capital for funding the materials for the construction of H160 FORSTAL LANE – COXHEATH – 210 HOUSES very easy. Due to their all round support, the construction will surely be hugely successful. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** best bridging finance, fast bridging finance, instant bridging loans, second charge bridging loans --- ### [TOWER WORKS DEVELOPMENT- CANAL SIDE LEEDS Construction Started](https://www.hankzarihs.com/bridging-loans-tower-works/) **Published:** March 25, 2019 **Author:** Shiraz Khan **Content:** **Bridging Loans News:-** The TOWER WORKS DEVELOPMENT- CANAL SIDE LEEDS is being constructed on the Tower Works, 2 – 10 Globe Road, Holbeck, Leeds, and West Yorkshire, LS11 5QG. The contract has been negotiated and the Leeds council is under the governance of this building. The total time that will be required to finish the construction is 24 months. The total floor area is 33620 sq. metres and the total site area is 1.13 Ha. [![](https://www.hankzarihs.com/wp-content/uploads/2018/03/Banner-V3_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) There will be a total of 158 units constructed which will be distributed among 10 storeys and one of them will be under the ground. The 158 units are distributed as 34 one bed houses, 68 two bed houses, 50 three bed houses, 6 four bed houses and 30 spaces to be allotted for parking. The estimated [**development finance**](https://www.hankzarihs.com/fast-bridging-finance/) price is £80M. **More about TOWER WORKS DEVELOPMENT- CANAL SIDE LEEDS** The main client is Homes England with Ms Dillis Jones as the contact. Leeds City Council is the main client. The architect is Jestico Whiles & Associates with Mr Alex Gordon as the main contact. England & Lyle Good Planning is the planner with Mr Alex Gordon as the main contact. The landscape architect is Oobe Limited which has Mr Mike Goodall and Ms Judith Middleton as the contacts. WSP Parsons Brinckerhoff is the Mech. And Elec. Engineer as well as the structural engineer with Mr Derek Devereaux as the main contact. The project manager is also Homes England, and the project manager is the RPS Group Plc with the main contact being Mr Stuart Dean. The main bidders are Caddick Construction Limited Caddick Civil Engineering and McLaren Constructions Limited. **Bridging Loans – How can HZA Help?** [**Hank Zarihs Associates**](https://talkmarkets.com/member/james-helliwell/blog/guide-to-the-bridging-loan-market-and-how-to-apply-for-bridging-loans?post=198774) has been very much helpful and supportive in the construction of TOWER WORKS DEVELOPMENT- CANAL SIDE Leeds with their hassle free loans and funding. As a result, the project is set to be a big success. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** best bridging loans, bridging loans london, Commercial Bridging Loans, instant bridging loans --- ### [X1 SOUTH BANK Project Construction to Start Soon in West Yorkshire](https://www.hankzarihs.com/bridging-finance-south-bank/) **Published:** March 24, 2019 **Author:** Shiraz Khan **Content:** **Bridging Finance News**:-West Yorkshire will be soon witnessing a new project, popularly known as the X1 SOUTH BANK Project. The site of this project has been planned to be 123- 125 Hunslet Road, Hunslet, [Leeds](https://www.hankzarihs.com/leeds/), and West Yorkshire, LS10 1LD. By the project scheme and in-depth planning, there will be a total of five structures of 20 storeys. The construction will take place on a site area and floor area of 2.42 Ha and 750 square meters respectively. [![](https://www.hankzarihs.com/wp-content/uploads/2018/03/Banner-V3_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) As per the revealed confirmed report, the building will have a total of 928 units, providing residential space for 277 one bed houses, 431 two bed houses, and 220 three bed houses. Apart from that, the building would grant space for commercial units at the ground floor, landscaping and parking. **Important Details About the X1 SOUTH BANK Project** The client of the project will start construction work in the first quarter of 2019. The client group of the project consists of X1 Developments Limited and Knight Knox International as the project clients. The architect group of the project consists of DK Architects as the lead architect, Turley Associates as the Planner, and Planit IE as the Landscape architect. The consultant group of the project consists of Hydrock as the Mech. & Elec. Engineer, Turley as the Sustainability consultant, and Hydrock Consultants Limited as the Flood Risk Assessment Consultant. The management group of the project consists of X1 Developments as the Project Manager. **Bridging Finance – How Can HZA Come to Help?** The developers and investors of the X1 SOUTH BANK Project can avail easy and hassle-free capital from [**HZA**](https://www.hankzarihs.com/fast-bridging-finance/) for making their infrastructure goal a huge success. With real estate [**loans and funding**](https://www.thehouseshop.com/property-blog/making-your-property-more-saleable-with-unique-features/18627) from HZA, the Project developers will be able to complete the entire construction at an estimated value of £210M. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** best bridging finance, bridging finance broker, Bridging Finance Companies, Fast Commercial Bridging Loans --- ### [225 MARSH WALL REDEVELOPMENT Project Receives Permit](https://www.hankzarihs.com/development-finance-marsh-wall/) **Published:** March 23, 2019 **Author:** Shiraz Khan **Content:** **Development Finance News**:-A redevelopment project will soon start in Poplar, London. This redevelopment will come up as a new build on the project site Angel House, 225 Marsh Wall, Poplar, and London, E14 9FW. According to the detailed planning of this project, the construction will develop a structure of 48 storeys with two storeys below the ground. The building will feature a total of 332 units, giving residential space for 166 one bed houses, 136 two bed houses, 18 three bed houses, and 12 four bed houses. [![](https://www.hankzarihs.com/wp-content/uploads/2018/03/Banner-V3_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) The building will also grant space for commercial use including setting up of offices, retail stores, nursery school, youth center, health center, children’s play area, flower shop, beauty salon, art gallery, coffee shop, dental clinic, and post office. Apart from that, there will also be 678 spaces to be used for parking. The entire project will be developed on a site area of 3000 square meters. As per the reports, the worth of the entire construction is estimated to be £80M. The construction work for this new project will begin in early January 2020. **Companies Working On This Project** The client group of the 225 MARSH WALL REDEVELOPMENT Project consists of Cubitt Property Holdings Limited as the client and LBS Properties as the Associated Developer. The architect group of the project consists of HCD Group and MAKE Architects Head Office as the lead architect, DP9 Limited as the Planner, Your Shout as the Agent, and Core Five LLP as the Quantity Surveyor. The Consultant group of the project consists of Hoare Lea, WSP Parsons Brinckerhoff (Head Office), and AVR London Limited. The management group of the project consists of Core Five LLP as the Project Manager. **Development Finance- How Can HZA Lend Financial Support?** HZA is very excited about this project and is looking forward to offering loans and funds to the developers and investors. The investors and developers of the 225 MARSH WALL REDEVELOPMENT Project can benefit profoundly from the real estate capitals offered by HZA. **HZA** works with the motive to ensure project success through its easy loan policies. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** bridging loan for property development, commercial development finance lenders, Development Finance Agencies, Development Finance Lenders --- ### [Green Flag for the CLOCKHOUSE & ACCESS HOUSE Project, London](https://www.hankzarihs.com/bridging-finance-clockhouse/) **Published:** March 22, 2019 **Author:** Shiraz Khan **Content:** **Bridging Finance News:-** A brand new construction will be soon standing up on the project site Clockhouse & Access House, Imperial Street, Bow, London, E3 3AE. This project, popularly known as the CLOCKHOUSE & ACCESS HOUSE Project, is a new venture of the renowned client Plot Bromley by Bow LLP. According to the details of the granted project plan, the construction will comprise a structure of 27 storeys with one storey below the ground. [![](https://www.hankzarihs.com/wp-content/uploads/2018/03/Banner-V3_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) The buildings will feature 491 units that will give space to 220 one bed houses, 239 two bed houses, and 32 three bed houses. Apart from that, there will be a total of 29 spaces to be used as parking areas. The building will even grant space for commercial setups including retail stores, offices, and restaurants. The entire project has been estimated to value at £130M. According to the confirmed reports, Plot Bromley by Bow LLP, the project’s client will start the project in the second quarter of 2019. The completion date of the project has not yet been confirmed. The client group of the project consists of Plot Bromley by Bow LLP as the client and Danecroft Properties Limited (RLP Crawley LLP) as the Delivery Partner. The architect group of this project consists of Assael Architecture Limited as the lead architect, GL Hearn & Partners as the Planner, East Architecture Landscape & Urban Design as the Landscape Architect, and Gleeds UK Head Office as the Quantity Surveyor. The consultant group of the project consists of Hoare Lea, Waterman Building Services Limited, and Steer Davies Gleave. The management group of the project consists of Gleeds UK Head Office, Danecroft Properties Limited (RLP Crawley LLP), and Arcadis LLP Head Office. **How can HZA Provide the Best Help?** Just as always, Hank Zarihs Associates is very excited about this new project and looks forward to providing necessary [financial aids to the developers and investors](https://www.hankzarihs.com/development-finance/). The investors and developers of the CLOCKHOUSE & ACCESS HOUSE Project can easily take up and benefit from the fast and credible infrastructure capitals offered by HZA. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** best bridging finance, bridging loans london, commercial mortgage broker, Refurbishment Finance Funding Loans --- ### [The GREAT WESTERN PARK Project Receives Approval](https://www.hankzarihs.com/bridging-loans-western-park/) **Published:** March 19, 2019 **Author:** Shiraz Khan **Content:** A brand new project, better known as the GREAT WESTERN PARK Project will soon come up on the site West of Didcot, Btwn A4130 and Park Road to both North and South of B4493, Wantage Road, Oxford, Oxfordshire, OX110AG, according to the confirmed reports. As per the detailed planning of this project, the construction will develop a four-storeyed structure featuring a total of 3200 units. These units will grant space for both residential as well as commercial use. The building will feature housing units, shops, leisure area, and community facilities. The entire construction will cover a total site area of 184 Ha. As per the reports, the worth of the entire construction is estimated to be £200M. **The Companies Involved In the Project** The Client group of the project consists of David Wilson Homes Southern Limited, Taylor Wimpey Head Office, and Taylor Wimpey (Oxfordshire). The architect group of this project consists of David Wilson Homes Southern Limited and Taylor Wimpey (Oxfordshire) as the lead architects, RPS Group Plc Head Office as the planner, Allen Pyke Associates Limited as the Landscape Architect, and Taylor Wimpey (Oxfordshire) and David Wilson Homes Southern Limited as the Quantity Surveyor. The consultant group of the project consists of Taylor Wimpey (Oxfordshire) and David Wilson Homes Southern Limited as the Structural Engineer and RSK Group Limited Land & Development Engineering Limited as the Consulting Engineer. The management group of this project consists of Taylor Wimpey (Oxfordshire) and David Wilson Homes Southern Limited as the Project Manager. **Bridging Loans – How Can HZA Come To Help?** HZA is very excited about the GREAT WESTERN PARK Project and is looking forward to offering [**loans and funds** ](https://www.hankzarihs.com/fast-bridging-finance/)to the developers and investors. The investors and developers of this project can benefit profoundly from the real estate capitals offered by HZA. Hank Zarihs Associates works with the motive of ensuring project success through its easy and quick loan policies. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects, Uncategorized **Tags:** Bridging Loans, bridging loans london, fast bridging finance, second charge bridging loans --- ### [The LINCOLN SQUARE- WESTMINSTER Project Enters the Development Process](https://www.hankzarihs.com/development-loans-lincoln/) **Published:** March 19, 2019 **Author:** Shiraz Khan **Content:** **Development Loans News**:- Westminster is about to witness an entirely new construction on the project site New Court, 48 Carey Street, Westminster, London, WC2A 2JB. By the project scheme and in-depth planning, a structure featuring a total of 194 units would be developed. As per the revealed confirmed report, these units of the building will give space for flats for residential purposes. [![](https://www.hankzarihs.com/wp-content/uploads/2018/03/Banner-V3_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) **The LINCOLN SQUARE- WESTMINSTER Project in Detail** The client group of this project, Lodha Group and Multiplex Construction Europe Limited Head Office had started the construction work for this project back in the fourth quarter of 2018. The completion date of this project has not yet been estimated or disclosed. The architect group of this project consists of PLP Architect as the lead architect, Gerald Eve (Head Office) as the planner, CBRE Limited Head Office as the Agent, and Core Five LLP as the Quantity Surveyor. The consultant group of the project consists of Aecom (London) as the Mech. & Elec. Engineer, and Robert Bird Group as the Structural and Civil Engineer. The management group of the project consists of Core Five LLP as the Project Manager and Multiplex Construction Europe Limited Head Office as the Construction Manager. The contractor group of this project consists of Lodha Group as the contractor, Principal Doorsets Limited as the Doors subcontractor, Axis Group UK Limited as the Fire Protection Subcontractor and Security Subcontractor, and Houston Cox Central Limited as the Doors Subcontractor and Joinery Subcontractor. **Development Loans– How Can HZA Lend a Helping Hand?** The developers and investors of the LINCOLN SQUARE- WESTMINSTER Project can avail easy and hassle-free capital from [**HZA**](http://www.stockhouse.com/blogs/uk-real-estate-blog/november-2018/short-guide-to-buying-property-in-the-uk) for making their infrastructure goal a huge success. With [**real estate loans**](https://www.hankzarihs.com/development-finance-hza/) and funding from HZA, they will be able to complete the entire construction at an estimated value of £5M. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Bridging Finance London, property loans uk, property refurbishment loans --- ### [FORMER INVENSYS SITE, CAKEMORE ROAD – 209 HOUSES Project Started](https://www.hankzarihs.com/bridging-loans-cakemore-road/) **Published:** March 18, 2019 **Author:** Shiraz Khan **Content:** **Bridging Loans News**:- At Excelsior Industrial Estate, Cakemore Road, Rowley Regis, West Midlands, B65 0QX the construction of FORMER INVENSYS SITE, CAKEMORE ROAD – 209 HOUSES is about to start. The details are approved and all the reserved matters of this project work are granted. The planning ref no is P17/1391. As of now, the estimated value stands at £28 M. The construction of houses and employment space with associated access, landscaping, footbridge and play area started in January 2019. With an entire site area of 1.68 Ha, the construction will be on a grand scale, and the building will have 3 Storeys. [![](https://www.hankzarihs.com/wp-content/uploads/2018/03/Banner-V3_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## Bridging Loans News There will be a total of 209 units to be accommodated, and they will be distributed in 12 one bedroom houses, 99 two bedroom houses, 86 three bedroom houses and 12 four bedroom houses witha clear retail floor space of 5241 sq. Meters. There will be an employment space and play area also. HZA has taken care of the [**funding**](https://www.hankzarihs.com/fast-bridging-finance/) completely. The primary client is Taylor Wimpey UK Limited and their website address is www.taylorwimpey.co.uk. The architect is Atkins Limited with Mr. Graham Woodward as the contact person. The planner is Spawforths Associates with Mr. Gavin Winter as the contact person. The Consultant Group is Infrastructure Planning and Design Limited as the Civil engineer with Mr. Steve Fisher as the contact person. And the other Consultant Group is Infrastructure Planning and Design Limited as the Flood Risk Assessment Consultant. In the management group, the project manager is Atkins Limited. The Contractor is Taylor Wimpey UK Limited. The construction and the building of the FORMER INVENSYS SITE, CAKEMORE ROAD – 209 HOUSES is expected to be very successful the quality of the construction will be great as the reputed firms like **HZA** are involved in this construction. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** bridging loans liverpool, loans for property refurbishment, property development finance, property development funding --- ### [The Building of HARLOW PRIORITY ESTATES – is About to Start](https://www.hankzarihs.com/commercial-property-loan-harlow/) **Published:** March 16, 2019 **Author:** Shiraz Khan **Content:** **Commercial Property Loan News:-** At The Briars, Aylets Field, Copshall Close, Harlow, Essex, CM18 7DG the construction of HARLOW PRIORITY ESTATES – THE BRIARS, COPSHALL CLOSE AND AYLETS FIELD is about to start. The detailed planning approved \[(TP ref HW/PL/15/00229)-OJEU Ref 2015/S 109197564\]. As of now, the estimated [**finance**](https://www.hankzarihs.com/equity-joint-ventures/) value stands at £54M. The total duration of the construction period will roughly extend to 60 months. [![](https://www.hankzarihs.com/wp-content/uploads/2018/03/Banner-V3_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) With an entire site area of 5.696 Ha, the construction will be on a grand scale, and the building will have 2 Storeys. There will be a total of to provide 343 dwellings following demolition of existing bungalows with a new Community Centre, and the sustainable homes are of 3 stars rating. the clear retail floor space is 77 sq. Meters. There will be a total of 301 parking spaces available in the compound. The support has been given completely by **[HZA](http://www.fxstat.com/en/user/profile/FirespinFinance-83026/blog/29856826-What-is-the-current-property-market-like-and-is-there-any-booms).** ## Commercial Property Loan The primary client is Harlow District Council with Ms. Sarah Swan, Ms. Tina McDermott as the contacts and Home Group is the other client. The architect is Gardner Stewart Architects with Ms. Christine Goldsmith as the contact and Grak Architects Limited with Mr. David Fordham as the contact. The other architects are The Planning & Design Bureau Limited, Ruskins Trees & Landscapes, Peter Brett Associates Head Office.The Consultant Groups arePeter Brett Associates Head Office (Civil engineer & Sustainability Consultant) with Mr. David Walker as Ms. Jenny Allen as contact. They are also many Contractors as Houlihan & Company (Excavations) Limited, Countryside Properties, Norman Gutteridge Limited, Laser Electrical Services Limited, Dilpreet Brickwork Limited, Shore Scaffolding Limited, Erith Group, JP Gattrell (Joinery), Munster Joinery Limited, Central Essex Interiors Limited, DP Lawless, Commodore Kitchens Limited, T Patton Limited, The Symphony Group PLC, Contour Roong, Claylens Mills Brickwork. Inthe management group, the project manager is Harlow District Council. The construction is expected to be great and successful one, as the support and funding has been taken care of **HZA**. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects, Uncategorized **Tags:** commercial mortgage broker, Commercial property loan, property development funding, second charge bridging loans --- ### [TIB STREET, MANCHESTER – 183 FLATS / 4 RETAIL UNITS is About to Start](https://www.hankzarihs.com/property-bridging-loan-tib-street/) **Published:** March 15, 2019 **Author:** Shiraz Khan **Content:** **Property Bridging Loan News**:- At Tib Street, Manchester, Greater Manchester, M4 1LG the construction of TIB STREET, MANCHESTER – 183 FLATS / 4 RETAIL UNITS is about to start. The detailed planning is approved (TP ref 114146/FO/2016). As of now, the estimated value stands at £28M. The total duration of the construction is about to 19 months. With an entire site area of 2777 Sq. M., the construction is of 1 building, and the building will have 9 Storeys. [![Development Funds](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) There will be a total of 4 ground floor commercial units with associated offices kitchens, toilets and access and 183 flats on the floors above with associated passenger lift and rooftop garden, and they will be distributed in 56 one bedroom houses, 125 two bedroom houses and 2 three bedroom houses. [**HZA**](https://www.hankzarihs.com/fast-bridging-finance/) has taken care of the[ **funding**](https://moneyhighstreet.com/risk-losing-your-property-deposit/) completely regarding this redevelopment. ## [**Property Bridging Loan**](https://www.hankzarihs.com/property-bridging-loan-tib-street/) The primary client is Tibst Limited with Me Simon Ismail as the contacts and the Associated developer is Factory Estates Limited with Mr. Chris Bowman, Mr. John Haynes, Mr. Naushad Islam as the contacts. The architect is IDP with Mr. Andrew Leaver as the contacts. The Planner is Euan Kellie Property Solutions as Mr. Euan Kellie, Ms. Ellen Philcox as the contacts. The Landscape architect is PGLA with Ms. Kate Johnston as the contact person. The Consultant Group are Futureserv Limited as the Mech.& Elec Engineer, CCS Consulting Limited as the Structural engineer & Civil engineer, Croft Transport Consultants as the Transport Consultant. They are also many Contractors as Herbert T Forrest Limited, Westshield Limited, Aerial Platforms Limited, TW Fabrications Limited, Road Rail Cranes Limited, Ideal Combi A/S, Ameon Utilities Limited, Complete Wall Solutions Limited, Ideal Combi A/S, Complete Wall Solutions Limited, Complete Wall Solutions Limited. In the management group, the project manager is Artal. The construction and the building of the TIB STREET, MANCHESTER – 183 FLATS / 4 RETAIL UNITS are expected to be great, as the reputed firms like **HZA** are involved in this project. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** bridging loan for property development, Fast Commercial Bridging Loans, property bridging loan, property developer finance --- ### [West Midlands Set to Have 215,000 New Homes Soon](https://www.hankzarihs.com/development-finance-west-midlands/) **Published:** March 15, 2019 **Author:** Shiraz Khan **Content:** **Development Finance News**:- Chancellor Philip Hammond announced a deal has been struck for 215,000 new homes in the West Midlands over the next decade. He made the announcement in his spring statement saying a £100m land remediation fund grant would help finance the new housing. [![Development Funds](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) “We are working currently with 44 authorities who have bid into the £4.1 billion housing infrastructure fund, to unlock homes in areas of high demand. “We are concluding housing deals with ambitious authorities who have agreed to deliver above their local housing need.” Hammond said London would receive an additional £1.7 billion to deliver a further 26,000 affordable homes across the capital. He said that this would bring the city’s delivery of new homes, including ones for social rent, to 116,000 by the end of 2021-22. The news follows an announcement earlier this week releasing £445m of housing infrastructure fund money for 22,000 new homes along the **[Oxford, Milton Keynes and Cambridge arc](https://www.hankzarihs.com/development-finance-west-midlands/)**. The area has been earmarked for up to one million new homes by 2050 with new rail and road connections. However, the proposals are unpopular with wildlife groups who claim the scheme fails to give proper thought to its environmental impact. ## **Development Finance:- Planning Process Set to Improve** Hammond re-iterated his commitment to planning reform making it easier to change use of premises and do upward extensions of existing buildings to create new homes. The Chancellor said a green paper looking at how the end-to-end planning process can be speeded up would be published by the end of 2019. He is also keen to see improvements on releasing land in areas of high housing demand which is something **[development finance](http://www.hankzarihs.com)** providers would like to see too. While many of his proposals are popular, small builders are less sanguine about new **[bio-diversity targets](http://publications.naturalengland.org.uk/publication/6020204538888192)** for development sites. The Federation of Master Builders, FMB, claim the new targets would increase costs and delay completion of developments. **FMB chief executive, Brian Berry said: “**Just as the environment for SME house builders starts to improve, these measures could end up stalling our progress. The Government wants to make developers, large and small, increase the biodiversity on their sites by a whopping 110 per cent and for an average site of ten units, the additional cost could be in excess of £2,000.” ### **A Greener Future** The Treasury also intends to introduce a future homes standard from 2025 signalling low carbon heating and higher energy efficiency levels. Alternatives to gas heating systems such as air source pumps are currently being explored. The **[Home Builders Federation](http://www.hbf.co.uk)** said its members were committed to building more energy efficient new homes. “New technologies are increasingly being incorporated that drive down emissions and we are committed to continuing to work with Government on this. The ongoing costs and comfort of homeowners is an absolute priority for home builders and it must be ensured that alternative heat sources are suitably attractive, available and efficient before withdrawing existing options,” said HBF communications director Steve Turner. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Development and Refurbishment Finance, Development Finance, property development funding, Refurbishment Finance Funding Loans --- ### [Take Up of Warehouses Shows Near three-fold Rise](https://www.hankzarihs.com/warehouses-building-finance/) **Published:** March 14, 2019 **Author:** Shiraz Khan **Content:** **Building Finance News:**– Rental yields and take-up of warehouses continue to boom thanks to the growth of online retailers such as Amazon, according to real estate advisors [Savills](http://www.savills.co.uk/insight-and-opinion/savills-news/). The firm recorded a 285 per cent increase in take-up by online retailers in the past decade, accounting for up to 17.9 per cent of total retail related occupational transactions in 2018. [![Development Funds](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) Savills national industrial and logistics head, Richard Sullivan, described the shift as seismic and unprecedented. “Ten years ago a number of landlords had higher vacancy rates in their portfolios than the entire market today, which proves just how much has changed. It is hard to imagine how the landscape might look in 2029, but I would not be surprised if we look back with similar amazement.” Savills research shows overall annual take-up has grown significantly over the last decade from 12.8 million sq ft in 2009 to 35.1 million sq ft – 1.189 million to 3.260 million sq m – by the end of 2018 for units of 100,000 sq ft or more. This signifies a 174 per cent increase as businesses such as Amazon continue to expand their UK footprint. Online retailers’ warehouse space has grown by as much as 1700 per cent over the past decade, occupying up to 23.4 million sq ft by the end of last year. ## **Building Finance:- Warehouse Values and Rental Demand Soars** As a result the sector has seen a 66 per cent drop in supply since 2008, with vacancy rates at just 6.2 per cent today, with this dropping to as low as 2.4 per cent in prime locations such as London and the South East. Investment volumes have seen a 193 per cent jump in this timeframe. In fact, in 2017 Savills figures showed industrial property accounted for 17 per cent of all commercial property investment, the highest on record. Warehouse values have increased so much that yields are now at 4 per cent, having dropped lower than retail assets for the first time in history. Structural changes to the sector have also had an impact on the actual warehouse buildings themselves. The average size of a transaction has increased by 41 per cent in the past ten years and there are now over 15 units totalling more than a million sq ft in the UK. While this growth can be seen across all sectors, online retailers in particular, such as Amazon, Wayfair and ASOS have upped their floor space considerably. Industrial project management team director, Will Cooper, said warehouses had evolved over the last decade. “They’ve changed from a simple ‘shed’ to a highly automated and sophisticated building. At present there is limited rental premium on height, so we will continue to see warehouses move upwards, especially as multi-storey units become increasingly normalised and occupiers seek the benefits of utilising mezzanine floors and increased racking heights.” Savills has also seen buildings get taller during this time, with the average height of a unit increasing from 11 to 12.7 metres since 2008. Many developers are putting in planning applications to achieve consented heights of up to 18 metres, which has now become the norm to allow for additional racking and mezzanines to maximise efficiencies. Industrial and logistic giants such as [Prologis](http://www.prologis.co.uk) and [Gazeley](https://www.hankzarihs.com/warehouses-building-finance/) are well placed to gain [building finance](http://www.hankzarihs.com) at competitive rates for such developments given the current strength of the market. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** building finance, Commercial property loan, Development Finance Lenders, House Building Finance, property auction finance --- ### [New Millennial Towns on London’s Outskirts Needed for Younger Workers](https://www.hankzarihs.com/development-finance-london/) **Published:** March 13, 2019 **Author:** Shiraz Khan **Content:** **Development Finance News:-** A string of 15 new millennial towns on London’s fringes need to be built within the next decade, urges a centre-right think tank. Policy Exchange’s report **[Tomorrow’s Places](http://policyexchange.org.uk/publication/tomorrows-places/)** is calling for a strategy on a scale similar to that after the Second World War to rebuild London, which led to new towns such as Milton Keynes. [![Development Funds](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## Development Finance London It’s proposing new towns, initially of 30,000 homes, to be built in areas already identified for growth. These include the Thames Gateway, the London-Stansted-Cambridge development corridor, the Western Wedge towards the Thames Valley and the Wandle Valley towards Gatwick Airport. “This new programme would be a strategic approach to managing London’s expansion, rather than the intensification that sometimes threatens the character of the capital and the surrounding green spaces,” say the report authors Richard Blakeway, ex-deputy mayor for housing under Boris Johnson, and Jack Airey. They argue this would be a more effective way of sorting out the capital’s housing shortages than the government’s planned 24 garden communities. The report is critical of these proposed schemes claiming many don’t have legal backing making it difficult for them to gain planning permission. The authors say expecting large brownfield sites to account for 62 per cent of the land where new homes are to be built is unrealistic as there are not so many of these type of sites. They recommend an extra 50 per cent of contingency land earmarked for new housing as typically only one in two planning applications are approved. The report points out that only five local authorities out of 25 on the edge of London have development plans compliant with national planning policy. The authors attribute this to the difficulties of finding land which is not protected in some way. ### **Current New Home Building Targets are not Enough** Tomorrow’s Places states that London mayor, Sadiq Khan’s target of 65,900 new homes a year over the next two decades is insufficient. It adds that the London School of Economics has said the target “almost certainly underestimates housing need” in London. Housing, Communities and Local Government minister, James Brokenshire MP has criticised the mayor’s target. In a letter to Sadiq Khan he said: “I am not convinced your assessment of need reflects the full extent of housing need in London to tackle affordability problems.” Civil servants believe the target should be 100,000 new homes a year, although neither the mayor nor the government have identified the land for the new homes. Greater London Assembly research shows between 1997 and 2017 jobs increased by 42 per cent and the number of people by 26 per cent, but the volume of homes rose by only 16 per cent. The Office of National Statistics projects the number of households in and around London will increase by 950,000 – 20 per cent over the next two decades. Government planning inspectors are currently examining [London’s new draft plan](http://www.london.gov.uk/what-we-do/planning/london-plan/new-london-plan/examination-public-draft-new-london-plan) prior to approval by the secretary of state. “During this process there is an opportunity to look again at the questions issued in this report – namely the structural flaws that impede housing delivery at the scale and pace it is needed in London and places around the capital,” say the authors. [Development finance](http://www.hankzarihs.com) providers are likely to welcome any possible future changes in the plan which make it easier to build on more types of site. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Climate Development Finance Facility, Development Finance, Development Finance Agencies, Development Finance Brisbane, Development Finance Lenders --- ### [Cliveland Street, Gun Quarter Project to Soon Stand on Birmingham Lands](https://www.hankzarihs.com/bridging-finance-cliveland/) **Published:** March 13, 2019 **Author:** Shiraz Khan **Content:** **Bridging Finance News**:- Prosperity Capital Partners will be soon coming up with a fully developed new project in England. This project will be developed on the site of Former Globe Works, Aston, Birmingham, West Midlands, B19 3SH. According to the granted project plan, the construction would develop one structure of 10 storeys. This building would feature a total of 520 units that will be used for student accommodation purpose. The entire project will be developed on a site area and floor area of 4000 square meters and 15150 square meters respectively. The whole **construction finance** work for this project is estimated to value at £22 M. [![Development Funds](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) **Bridging Finance – More about the Cliveland Street, Gun Quarter Project** As per the confirmed reports, the client of this project, Prosperity Capital Partners had started the construction work back in June 2017. The entire development work is estimated to get completed by 28th June 2019, over a total period of 24 months. The client group of this project consists of Prosperity Capital Partners as the project client and London & UK Property as the Associated Developer. The architect group of this project consists of TP Bennet LLP as the architect. The contractor group of the project consists of DW Hicks Building Company Limited as the project contractor, City Demolition Contractors (Birmingham) Limited as the Demolition subcontractor, East Midland Electrical Installations Limited as the Fire Protection subcontractor, Unique Window Systems Limited as the Doors subcontractor, and Midwest Formwork as the Floors subcontractor. **How Can HZA Help?** [**HZA**](https://www.hankzarihs.com/fast-bridging-finance/) is ready to lend a helping hand and support the developers and investors of the CLIVELAND STREET, GUN QUARTER Project with relevant loans and funding. They can easily avail fast and hassle-free capital from HZA to make this real estate construction work a big success. With the infrastructure loans and funds from HZA, they can get the maximum return on their investment. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** instant bridging finance, loans for property refurbishment, property development finance, residential non status bridging loan --- ### [Eastside Quarter Bexleyheath](https://www.hankzarihs.com/residential-loan-eastside-quarter/) **Published:** March 12, 2019 **Author:** Shiraz Khan **Content:** **Residential Loan News**:-At Former Bexley Civic Offices, Broadway, Bexleyheath, Kent, DA6 7LB the construction of EASTSIDE QUARTER, BEXLEYHEATH – 102 HOUSES, 416 FLATS & COMMERCIAL UNITS is about to start. The contract detail is approved. As of now, the estimated value stands at 46.1 million dollars. The total duration of the construction period will roughly extend to 60 months. With an entire site area of 1.74 Ha, the construction will be on a grand scale,and the building will have 13 Storeys. [![eastside quarter bexleyheath residential developments](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) There will be a total of 518 units to be accommodated, and they will be distributed in 223 one bedroom houses, 248 two bedroom houses and 43 three bedroom houses with a clear retail floor space of 3150 sq. Meters, the allotment of surface for car parking is also done. There will be a total of 233 parking spaces available in the compound. The guidance, support,and [development finance](https://www.hankzarihs.com/development-finance/) have been exclusively taken care of by [Hank Zarihs Associates](https://www.hankzarihs.com/). The primary client is **Bellway Homes** Limited (Thames Gateway) with Mr. Tom Harris, Mr. Will Weston-Smith and Ms. Lisa Shaw as the contacts. The architect is RMA Architects Limited with Mr. Chris Trapp and Ms. Charlene Anguille as the contacts. The planner is Savills UK Limited, with Bellway Homes Limited (Thames Gateway) as the quantity surveyor. White Associates are the Mech. & Electrical engineer,and the sustainability consultant is Hodkinson Consultancy. The flood risk assessment consultant is Ardent Consulting Engineers. They are also acoustic consultants. In the management group, the project manager is Bellway Homes Limited (Thames Gateway),and they are the contractor as well. The construction and the building of the EASTSIDE QUARTER, BEXLEYHEATH – 102 HOUSES, 416 FLATS & COMMERCIAL UNITS is expected to be great, as the helping hand of Hank Zarihs Associates in residential loan, funding and other services is expected to boost the quality of the construction. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Development Finance Lenders, property auction finance, property development funding, residential loans --- ### [HALE WHARF, TOTTENHAM HALE, PHASE 1 Project construction are just about to start](https://www.hankzarihs.com/residential-finance-hale-wharf/) **Published:** April 20, 2019 **Author:** Shiraz Khan **Content:** **Residential Development Finance News:-** At Hale Wharf, Ferry lane, Tottenham, London, N17 9NF, the construction of HALE WHARF, TOTTENHAM HALE, PHASE 1 – 249 APARTMENTS AND RETAIL is just about to get started. The Haringey council will be supervising this construction. [![Fast Bridging Loans](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) The project will start by April 2019, and is expected to last over a period of 60 months, completing the construction by April 2024. The total floor area is 307 sq m and the site area is 2.28 Ha. There will be 249 units in total, distributed among 21 Storeys and 111 one bed houses, 131 two bed houses and 7 three bed houses. The [**construction value**](https://www.hankzarihs.com/our-finance/) of this project is £100M. ## **The companies involved in this project** The clients are Muse Developments Limited and Icknield Port Loop LLP. The architect is Allies & Morrison Urban Practitioners. The planner is Quod Planning Limited. The Landscape architect is Landscape Projects. Core Five LLP is the quantity surveyor. The Mech. & Elec. Engineer and the sustainability consultant is Hilson Moran Partnership. The structural engineer, the consulting engineer, the acoustic consultant and the Civil engineer is Ramboll UK Limited Head Office. The transport consultant is Odyssey Markides. Stace LLP is the project manager for this construction. The bidders are Mace Limited Head Office, Bouygues Limited and Galliford Try Construction Head Office. McLaren Construction Limited is the contractor, groundworks subcontractor and the foundations subcontractor. The demolition subcontractor is John F Hunt Demolition Group. The mechanical subcontractor, plumbing subcontractor and the heating & ventilation subcontractor is Swiftline Engineering Limited. ### **Residential Finance – How can HZA help?** Property development finance brokers [**Hank Zarihs Associates**](https://beforeitsnews.com/v3/financial-markets/2019/3300466.html) are ready to help and offer expert advice on how to source the best [**Residential Development Finance**](https://www.hankzarihs.com/development-finance-hza/) and **short term bridging loans**. Their overall support and the easy availability of loans is surely a bonus point in any construction project. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Auction Property London, Bridging Finance London, short term bridging loans, UK Residential Development Finance --- ### [Striking new high rise flats in East London given the go ahead](https://www.hankzarihs.com/development-loans-london/) **Published:** April 19, 2019 **Author:** Shiraz Khan **Content:** **Development Loans News**:- An ambitious scheme to build 323 new apartments in Stratford, East London has been given the green light by Newham Council. The £27.5m estimated cost of the scheme will comprise five towers ranging from two to 19 storeys offering 117 one-bedroom, 102 two-bedroom, 103 three-bedroom and one four-bedroom flats. The development will also include shops covering 1,045 sq metres of floor space with 52 spaces for car parking. [![Fast Bridging Loans](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## **Proposed development in prime spot for accessing the City** Existing buildings would be demolished on the 1.71 hectacre site which is near Plaistow tube station in Stratford. The area is also next to two grade two listed buildings – Willow Cottage and the Coach and Horses pub. MacCreanor Lavington Architects have drafted the plans for owners and developers London Newcastle who are marketing the site. ## Development Loans – HZA Funding for the scheme will come from the private sector. Property finance experts **[Hank Zarihs Associates](https://www.hankzarihs.com/news/)** said they would be available to help potential developers with sourcing [**property development loans**](https://www.hankzarihs.com/development-finance-hza/) and **construction loans**. “This is a well located site just 30 minutes from London’s financial quarter. It’s in a lively part of London with excellent communications which has really come into its own since the 2012 Olympics,” said Hank Zarihs chief executive, **Shiraz Khan**. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Bridging Loan london, construction loans london, property development loans, UK Property finance --- ### [First-time buyer lending increases in February](https://www.hankzarihs.com/uk-bridging-finance-feb/) **Published:** April 18, 2019 **Author:** Shiraz Khan **Content:** **Bridging Finance News:-** The number of new home buyers rose by more than 4 per cent in February compared with the same month in 2018, according to the latest **[UK Finance Figures](http://www.ukfinance.org.uk/news-and-insight)**. There were a total of 24,880 new first-time buyer mortgages for February representing a fifth consecutive month of year-on-year growth. [![Fast Bridging Loans](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) Finance experts **[Hank Zarihs Associates](https://www.hankzarihs.com/news/)** said the figures were encouraging reflecting the strong demand by developers for construction loans and[ **short-term bridging finance**](https://www.hankzarihs.com/2nd-charge-bridging-loans/) for starter homes. Office of National Statistics data for the three months from December to February this year shows a 3.4 per cent year-on-year increase in average earnings – the highest in a decade. However, after adjusting for inflation this represents a 1.5 per cent rise while employment is at a record figure of 76.1 per cent. Home mover mortgages at 23,660 for February were at the same level as the same period last year. The average loan-to-value ratio for house purchases was 72 per cent and the average loan-to-income ratio was at 3.37. ## **B2L mortgages slump** Buy-to-let purchase mortgages dropped by nearly 8 per cent to 4,800 in February which UK Finance attributed to tax and regulatory changes. However, buy-to-let remortgaging showed a year-on-year 2.1 per cent increase in February to 14,400. UK Finance said this was due to borrowers moving from fixed rates to more attractive options. There were 18,200 new remortgages with additional borrowing in February – 10 per cent more than in the same month in 2018. The average additional money taken out in February for these remortgages was £52,000. Also, there were 18,360 pound-for-pound remortgages, with no additional borrowing, 7.8 per cent more than in the same period last year. UK Finance analyst, James Tatch, said last year saw the highest number of remortgages in a decade with 2019 set to be an even better one for re-financing. “These figures are strong evidence of a mortgage market where customer engagement is high – not just at the outset, but through the life of the mortgage and where lenders provide attractive refinancing options to suit borrower needs.” ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Bridging Finance Lenders, Bridging Finance London, Construction Development Loan, short term bridging finance --- ### [Construction of DIAMOND TOWER – NEWFOUNDLAND RESIDENTIAL & RETAIL is Nearing its Finish](https://www.hankzarihs.com/instant-bridging-loans-diamond-tower/) **Published:** April 8, 2019 **Author:** Shiraz Khan **Content:** DIAMOND TOWER – NEWFOUNDLAND RESIDENTIAL & RETAIL is nearing its end at By Park place, Westferry Road & Heron Quay Road, poplar, London, E14 4JB. Greenwich council is governing the construction. The project had started in March 2015 and is about to finish by January 2020. The floor area is 1537 sq. meters with the total site area being 4800 sq. meters. [![Fast Bridging Loans](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) There will be 2 structures with 568 units in between them and will be consisting of 58 storeys. There will be 3 storeys below the ground as well. A total of 272 one bed houses, 204 two bed houses and 22 three bed houses provided, along with 110 parking spaces. The total [development finance](https://www.hankzarihs.com/development-finance/) value is estimated at £45M. ## **More about DIAMOND TOWER – NEWFOUNDLAND RESIDENTIAL & RETAIL** The client is South Quay Properties Limited. The associated developer and the contractor is Canary Wharf Group PLC. Horden Cherry Lee Architects, London Borough of Tower Hamlets and Adamson Associates (International) Limited are the architects. The planner is DP9 Limited. The landscape architect is Townshend Landscape Architects. Johnson Naylor is the interior designer. Hoare Lea is the Mech. & Elec. Engineer and the sustainability consultant. WSP parsons Brinckerhoff (Head Office) is the structural engineer. Expanded Limited is the Civils subcontractor, floors subcontractor, foundations subcontractor, frame subcontractor, groundworks subcontractor and the landscaping contractor. Victor Buyck Steel Construction NV is another frame subcontractor. The scaffolding subcontractors are Proplant Scaffolding Limited and Combisafe International Limited. OCL Facades Limited is the ceiling finishing subcontractor and the wall finishing subcontractor. Briggs & Forrester Group Limited Head Office is the fire protection subcontractor, Heating & Ventilation subcontractor, M & E subcontractor, Plumbing subcontractor and the security subcontractor. Dearneside Fabrications limited is the external walls subcontractor. JA Stott Carpentry Limited is the doors subcontractor, windows subcontractor and the joinery subcontractor. Schneider (GB) limited is the external walls subcontractor. E Poole Decorators is the painting & decorating subcontractor. ### **Instant Bridging Loans – How can HZA help?** Property development finance broker Hank Zarihs Associates is available to give expert advice on how to source the best construction finance and [bridging loans](https://www.hankzarihs.com/fast-bridging-finance/)**.**With funding from Hank Zarihs Associates, the project’s developers and investors can get a high return on investment as well. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** commercial bridge loans, Development Finance Lenders, instant bridging finance, short term bridging loans --- ### [Construction of NORTH STREET QUARTER – PHASE 1 is about to start](https://www.hankzarihs.com/north-street-construction-finance/) **Published:** April 11, 2019 **Author:** Shiraz Khan **Content:** **Construction Finance News:-** NORTH STREET QUARTER – PHASE 1 is about to start at North Street Industrial Estate, Lewes, East Sussex, BN7 2PQ. The council of South Downs National park will be governing the construction of this project. The project is poised to last over a period of 36 months, starting from the third quarter of 2019 to the third quarter of 2022. [![Fast Bridging Loans](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) The floor area of the project is 5372 sq. meters with the site area being 11.07 Ha. There will be a total of 243 units built consisting of 4 storeys. 708 spaces will be allotted for parking. Sustainable Homes has provided a rating of 3 stars for this project. The estimated value for this project is £45M. ## **More about NORTHSTREET QUARTER – PHASE 1** The main client is Mas Real Estate Inc with Mr Clive Wilding as the main contact. Giles Jollands is the architect with Mr Giles Jollands as the main contact. RH Partnership Architects is also the architect, with Mr James Wright and Mr Phillip Naylor as the main contacts. Vail Williams is the planner with Mr James Lacey as the contact. Macgregor Smith is the landscape architect with Mr Jamie Cusack and Mr Rupert Grierson as the contacts. Robinson Low Francis is the quantity surveyor with Mr Jay Dickinson as the contact. Tully De’Ath Consultants Head Office is the structural engineer and the civil engineer as well with Mr Andrew Picton as the main contact. ### **Construction Finance – How can HZA help?** Property development finance brokers **Hank Zarihs Associates** is currently available to offer advice on sourcing competitive [**construction finance**](https://www.youtube.com/watch?v=yQ3_KUhi8_8&t=5s) for the many facets of the project. Property development finance brokers Hank Zarihs Associates can offer advice and access to [**Commercial Refurbishment Loans**](https://www.hankzarihs.com/refurbishment-finance/), quick bridging loans and a range of finance. The investors and developers of the **NORTH STREET QUARTER PHASE 1** project, can benefit profoundly from the real estate capitals offered by [**HZA**](https://www.hankzarihs.com/news/). ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Commercial Refurbishment Loans, instant construction loans, property refurbishment loans, quick bridging loans --- ### [Hilltop Credit Aims to Lend More than £125M in its First Year](https://www.hankzarihs.com/property-development-funding-hilltop/) **Published:** April 9, 2019 **Author:** Shiraz Khan **Content:** **Property Development Funding:-** A new lender offering finance for small to mid-sized residential property developers has entered the market. [**Hilltop Credit Partners**](http://www.hilltopcreditpartners.com) plans to lend more than £125m over the next 12 months to developers who have a proven track record but need greater access to capital. [![Fast Bridging Loans](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) Global real estate investment firm Round Hill Capital is backing Hilltop, which already has experience in property development, asset management and financial structuring in the UK and Europe. Hilltop Credit Partners founder and chief executive Paul Oberschneider was upbeat about the new venture. “Hilltop is an agile and entrepreneurial team with significant financial firepower to deploy, and the industry expertise and reach required to move quickly to fund the delivery of more new homes in the UK. We have been significant developers ourselves and we understand development risk and market cycles.” ## **New lender gets off to a strong start** Hilltop Credit Partners has a near-term launch pipeline of over £40 million to fund residential schemes in various UK locations, including Windsor, York and the Midlands. The lender is offering tailored one-stop funding for up to 90 per cent loan-to-cost, with loans from £3m to £20m. Hilltop said it would move quickly to offer developers the funding they need to seize opportunities, eliminating the uncertainty and costs associated with multiple sets of legal and professional documents. Round Hill Capital argues that the UK’s residential housing market suffers from supply and demand imbalances as well as development funding shortfalls. Round Hill has a 17-year track record of investing in residential markets across Europe identifying opportunities to deliver quality housing. Round Hill Capital founder and chief executive, Michael Bickford, said his company was pleased to be entering the UK market. “We are confident that our combined sector and industry knowledge, expertise, industry networks, committed capital and ability to deliver will prove invaluable to proven SME house builders in the UK in need of attractive funding solutions to build the significant additional housing that the UK needs.” Finance advisors [**Hank Zarihs Associates**](https://www.hankzarihs.com/news/) maintains that more lenders offering **property development funding** and [**short-term bridging loans**](https://www.hankzarihs.com/fast-bridging-finance/) is essential for creating a competitive market. Since its inception in 2002, Round Hill Capital has acquired and repositioned itself for long-term institutional ownership of over 110,000 residential units and student housing beds. Round Hill offers housing to a range of occupants, from students to senior citizens. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** instant bridging finance, non status bridging loans uk, property development funding, short term bridging loans --- ### [Edinburgh and Birmingham Shine in Global House Price Index](https://www.hankzarihs.com/short-term-bridging-finance-global-house/) **Published:** April 8, 2019 **Author:** Shiraz Khan **Content:** **Short-Term Bridging Finance News**:-Budapest showed the highest year-on-year residential house price rise of 23 per cent for the final quarter of 2018 according to Knight Frank’s Global Residential Cities [Index](content.knightfrank.com/research/1026/documents/en/global-residential-cities-index-q4-2018-6289.pdf). Edinburgh was the only UK city at 7 per cent growth to make it into the top quartile of the index of 150 places. ![4 Banner](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner.gif "4-Banner - Bridging and Development Finance Solutions") Birmingham’s 5.9 per cent growth put it on par with Hong Kong which saw the same growth, although this was low for the Asian city compared with previous years. Hong Kong dropped 36 rankings in the final quarter of 2018 to end up in 43rd place. Manchester scored a respectable 5.1 per cent in house price growth securing it 60th place in the league. **[Hank Zarihs Associates](https://www.hankzarihs.com/news/)** said the results were encouraging for the north and showed future property developments in these cities would secure **short-term bridging finance** and [**construction loans**](https://property.exposure.co/bridging-loans-are-one-of-the-best-ways-to-cover-any-shortfalls) easily. ## **Dutch cities are star performers** The Netherlands was the European country with the strongest performance – Rotterdam came third with 15.7 per cent growth in residential values, Amsterdam seventh at 13.1 per cent and Utrecht ninth at 11.6 per cent. The Portuguese city of Porto secured fourth place with 15.6 per cent annual growth. China’s Xi’an came second with 22.4 per cent growth with another Chinese city Qingdao taking sixth place at 13.2 per cent. Latin American cities rose up the ranks with Bogotá, Santiago, Mexico City and Lima showing annual growth of more than 6 per cent. Major world cities including London, Dubai, Sydney, Moscow, Auckland and Geneva all saw mainstream prices decline in 2018 but by comparison in a number of cases, the prime segment edged higher. Nearly 80 per cent of countries saw prices increase in 2018, down from 87 per cent in 2017. Knight Frank partner, Kate Everett-Allen said: “With geopolitical issues clouding the world stage, and the era of cheap finance coming to a close, we expect the index’s performance to weaken further in 2019, although the Federal Reserve’s decision to halt rate rises in 2019 may soften the blow for a number of emerging markets.” France and Australia shared a similar trend with each country having a city leading by a significant margin – Lyon and Hobart were both up 10 per cent. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** construction loans london, instant construction loans, instant development finance, short term bridging finance --- ### [WINWICK STREET, JOHN STREET – Project has Started with their Construction](https://www.hankzarihs.com/instant-bridging-loans-winwick-street/) **Published:** April 9, 2019 **Author:** Shiraz Khan **Content:** **Instant Bridging Loans:-** The construction of WINWICK STREET, JOHN STREET – 362 FLATS, COMMERCIAL UNIT & MULTI – STOREY CARPARK has started at Land at Winwick Street and John Street, Warrington, Cheshire, WA2 7UB. The council of Warrington is under the governance of this construction. The project has started in December 2018 and is expected to finish by May 2021, lasting over a period of approximately 29 months. The total site area is 9400 sq. meters. [![Fast Bridging Loans](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) There will be 362 units constructed in total, and it will comprise of 9 storeys. There will be 253 one bed houses, along with 106 two bed houses and 3 four bed houses. The net retail floor space is 593 sq. meters. There will be 849 parking spaces allotted. The total [**finance**](https://www.hankzarihs.com/our-finance/) value for this project is £45M. ## **More about WINWICK STREET, JOHN STREET – 362 FLATS, COMMERCIAL UNIT & MULTI – STOREY CARPARK** The main client is The High Street Group. Triangle Architects is the main architect. The planner is Nathaniel Lichfield and Partners. The landscape architect is TEP Limited. The Mech. & Elec. Engineer is Patrick Parsons Limited. Alan Johnson Partnership is the structural engineer and the civil engineer as well. The transport consultant is SK Transport Planning. JPM Acoustics is the Acoustic Consultant. The fire engineering consultant is BB7 Fire Engineers. The Survey Operations Limited is the surveyor. Nobles Construction is the contractor. Conform Northwest Limited is the foundations subcontractor and the groundworks subcontractor. ### **Instant Bridging Loans-How can HZA help?** The investors and developers of the **WINWICK STREET, JOHN STREET** project, can benefit profoundly from the real estate capitals offered by **HZA**. The property development finance brokers Hank Zarihs Associates is currently available to provide support and advice on sourcing [**instant bridging loans**](https://www.flippingheck.com/5-super-simple-eco-ways-to-save-money-this-winter-in-your-home/) for the many facets of the project. They have a strong track record for helping to find appropriate [**commercial bridging loans**](https://www.hankzarihs.com/refurbishment-finance/) to smooth the construction process. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Bridging Finance Lenders, construction loans london, instant bridging loans, instant development finance --- ### [House Prices See Quarterly year-on-year 3.2 per cent rise](https://www.hankzarihs.com/refurbishment-loans-house-prices-halifax/) **Published:** April 5, 2019 **Author:** Shiraz Khan **Content:** **Refurbishment Loans News:-** House prices have rallied with a 3.2 per cent increase for the three months to March compared with the same period in 2018, reveals the Halifax **[House Price Index](static.halifax.co.uk/assets/pdf/mortgages/pdf/March-2019-House-Price-Index.pdf)**. The first quarter of this year was 1.6 per cent higher than the final quarter of last year but on a monthly basis prices fell by 1.6 per cent in March compared with February. The average house price in the UK is now £233,181. ![4 Banner](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner.gif "4-Banner - Bridging and Development Finance Solutions") Halifax’s managing director Roger Galley said the 1.6 per cent reduction in March was a correction of February’s significant growth. “This again demonstrates the risk in focusing too heavily on short-term, volatile measures. Industry-wide figures show that the number of mortgages being approved remains around 40 per cent below pre-financial crisis levels, and we know that lower levels of activity can lead to bigger price movements.” ## **Hard Brexit would hit prices** Ernst & Young’s economic forecasting group the ITEM Club said it had trimmed its prediction for house price growth in 2019 to just one per cent. It warned that if the UK left the EU without a deal prices in the second quarter could fall by as much as five per cent. ITEM Club chief economic advisor, Howard Archer said: “The overall impression is that the housing market is currently soft as it is being hampered by challenging conditions with buyer caution currently being reinforced by heightened Brexit and economic uncertainties. Although there are significant variations across regions with the overall picture being dragged down by the weakness in London and the South East.” ### **Positive market factors** However, low unemployment, earnings growth and a shortage of housing are regarded as offering some support for prices. Development and [**refurbishment loans**](https://www.househeroes.com/seven-home-decor-trends-for-2019/) brokers, **[Hank Zarihs Associates](https://www.hankzarihs.com/news/)** said subdued house price growth had not been reflected in a reduction in new residential home projects. Chief executive, Shiraz Khan said: “The UK house building market has remained resilient despite current economic uncertainty. We are seeing no slow down in the developers coming to us seeking to source [**bridging and construction finance**](https://www.hankzarihs.com/fast-bridging-finance/).” ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** best bridging finance, Construction Finance london, Development and Refurbishment Finance, property refurbishment finance --- ### [Leeds Approves Nearly 1000 New Homes for its City Centre](https://www.hankzarihs.com/property-development-finance-leeds/) **Published:** April 5, 2019 **Author:** Shiraz Khan **Content:** **Property Development Finance**:- A £210m scheme to build 928 homes with offices shops and cafés to give an extra buzz to Leed’s South Bank area, has been given the go ahead. Leeds city council has granted permission for D K Architects’ plans for five towers, ranging from six to 20 storeys, of one to three-bedroom flats and some town houses over a floor space of 750 sq metres. ![4 Banner](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner.gif "4-Banner - Bridging and Development Finance Solutions") Each tower will have its own gym and gardens and is on 2.42 hectacres of brown field land along the south side of River Aire opposite Leeds City College Printswork Campus in Hunslet Road. ## **City centre set to double housing provision** The development is part of the South Bank regeneration programme which hopes to double the number of homes available in the city centre within the next decade. **[X1 Developments](https://www.hankzarihs.com/property-development-finance-leeds/)** is expected to start work on the privately funded project in January next year with Turley Associates acting as the sustainability consultants and Planet IE the landscape architects. ### **The future looks bright** Over the next ten years Leeds is forecast to generate 32 per cent employment growth within the Yorkshire and Humber region. The Leeds Core Strategy forecasts 10,200 new homes are required in the city centre alone to meet expected population growth. [**Property development finance**](https://london.storeboard.com/blogs/money-tips/learn-the-importance-of-a-specialised-finance-broker-in-getting-development-finance/922376) brokers **[Hank Zarihs Associates](https://www.hankzarihs.com/news/)** are currently available to offer advice on sourcing competitive short-term finance for the many facets of the project. Chief executive, Shiraz Khan said: “This is clearly a much needed scheme in terms of enhancing the waterfront area and given the city’s strong economic forecasts and need for more centrally located housing, getting **construction loans** at competitive rates shouldn’t be a problem.” Leeds city centre accounts for 25 per cent of employment in the metropolitan district with growth in private sector jobs outstripping the wider city and city region. About half of all private sector jobs are in the knowledge intensive business services with 1,350 digital companies based in Leeds. The city centre is home to enterprises such as Sky, KPMG, and credit reference agency Call Credit. Average salaries in the digital sector have increased by 29 per cent over the last few years. The South Bank is the UK’s only data centre outside London and has superfast broadband connectivity. In the past ten years, £2.6bn of major property schemes have been completed in the city centre. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** construction loans, funding property development Finance, instant construction loans, property development finance --- ### [WORNINGTON GREEN ESTATE – PHASE 2A PROJECT is nearly Being Completed](https://www.hankzarihs.com/bridging-finance-wornington-estate/) **Published:** April 5, 2019 **Author:** Shiraz Khan **Content:** **Bridging Finance News:-** The construction of WORNINGTON GREEN ESTATE – PHASE 2A (BLOCKS 4) – 91 FLATS is about to finish by the middle of this year. The address of the site is Wornington Green Estate, Portobello Road, North Kensington, London, W10 5QQ. The council governing this project is Kensington and Chelsea. The project started as early as October of 2017 and is about to finish in June of 2019, roughly over a period of 20 months. [![Fast Bridging Loans](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) The floor area being used sums up to 688 sq. meters. There is only one structure that is being constructed which will consist of 7 Storeys. There will be one Storey that will be under the ground as well. A total of 321 units will be available. [**Bridging Finance brokers**](https://www.thehouseshop.com/property-blog/making-your-property-more-saleable-with-unique-features/18627) **Hank Zarihs associates** is currently available to offer advice on sourcing competitive short-term finance for the many facets of the project. The total estimated value of this project equals to £10M. ## **More about WORNINGTON GREEN ESTATE – PHASE 2A (BLOCKS 4) – 91 FLATS** The main client is Catalyst Housing Group (Head Office). The main architect is Conran & Partners. The planner is CBRE Limited Head Office. The Landscape architect is Ireland Albrecht Associates. Arcadis LLP Head Office is the quantity surveyor and the project manager. The Mech. & Elec. Engineer is Couch Perry Wilkes. The structural engineer and civil engineer is Campbell Reith Hill Head Office. The main bidder is Higgins Construction Plc Head Office. United Living (South) Limited is the main contractor. The foundations subcontractor and groundworks subcontractor is JRL Environmental Limited. Stanta Limited is the external walls subcontractor and the roofing subcontractor. Russel Timber Technology is the doors subcontractor and the windows subcontractor. The electrical subcontractor, security subcontractor and the fire protection subcontractor is Wilton Electrics Limited. JD Geerings Limited is the heating & ventilation subcontractor, plumbing subcontractor and the mechanical subcontractor as well. DWG Scaffolding limited is the scaffolding subcontractor. ### **Bridging Finance – How can HZA help?** [**Property development finance**](https://www.bloglovin.com/@weneedretailtherapy/finance-to-design-super-shop-fitting-tips) broker Hank Zarihs Associates is available to give expert advice on how to source the [**best** **construction finance**](https://www.hankzarihs.com/circle-square-commercial-finance/) and **[instant bridging loans](https://www.hankzarihs.com/fast-bridging-finance/).** Additionally, their all round support has been essential for the successful running of this project. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** best bridging finance, Bridging Finance, Bridging Finance Calculator Uk, Bridging Finance Companies --- ### [House Building Rises at Fastest Pace for Three Months, Says PMI](https://www.hankzarihs.com/building-finance-house-pmi/) **Published:** April 2, 2019 **Author:** Shiraz Khan **Content:** **Building Finance News:-** Increases in new residential developments was the most positive elements in construction activity for March, according to the **[Purchasing Manager’s Index](http://www.markiteconomics.com/Public/Home/PressRelease/dd65342ba4be4fb9831c77ff42f5a0a6?s=1)**. [![Fast Bridging Loans](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) Total activity was 49.7, up fractionally from 49.5 in February, but still below the 50 no-change threshold representing a marginal reduction in overall construction work. ## **Modest Rise in Confidence Despite Tricky Conditions** March data revealed a small increase in new work received by UK construction companies, although the expansion rate was subdued compared with the long-run survey average. The data highlighted a modest rise in staffing levels at UK building companies. Input buying rebounded slightly in March, following a decline during the previous survey period. Business optimism edged up from the four-month low seen during February, but the degree of positivity remained much weaker than the long-term survey average. A number of construction companies noted economic and political uncertainty had weighed on business expectations for the next 12 months. Respondents also commented on intense competition for new work and a reluctance among clients to commit to major spending decisions in March. Commercial construction was the worst performing area with business activity dropping to the greatest extent since March 2018. Civil engineering activity also fell in March, although the rate of decline has eased since February. ### **Building Finance – Building Gets Pricier** Input price inflation was the fastest since November 2018 with higher raw material costs attributed to the weak sterling exchange rate and, in some cases, shortages of items among regular suppliers. Some firms commented on stock building as part of their Brexit preparations, which helped boost purchasing activity. Suppliers’ delivery times lengthened markedly in March, which survey respondents attributed to low stocks and stretched capacity among vendors. Joe Hayes, economist at IHS Markit who conduct the survey on for PMI, said Brexit related uncertainty had hit order books. “UK construction businesses ramped up their purchases of materials and other inputs, reflecting efforts to build safety stocks ahead of any potential Brexit-related disruptions. As such, supply chain constraints persisted and average input lead times lengthened once again.” However, many experts in the alternative finance sector believe the latest data shows some room for optimism. They add that the current housing shortage and ambitious targets to average building 300,000 new homes a year from 2021 should mean boost house building. Property development finance brokerage **[Hank Zarihs Associates](https://www.hankzarihs.com/news/)** chief executive, Shiraz Khan, is upbeat about of new residential developments. “Lenders still have an appetite for giving [**building finance**](https://www.hankzarihs.com/our-finance/) and short-term bridging to developers’ with [**residential developments**](https://www.hankzarihs.com/online-residential-bridging-finance/) in areas where there is housing need.” The latest upturn in housing activity was only modest, but still the strongest seen so far in 2019. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** bridging finance loans in london, House Building Finance, short term bridging finance, Short-Term Bridging Loan Specialists --- ### [Construction of WEMBLEY PARK – PLOT E05 is Ongoing](https://www.hankzarihs.com/construction-finance-wembley-park/) **Published:** April 4, 2019 **Author:** Shiraz Khan **Content:** **Construction Finance News:-** The construction of WEMBLEY PARK – PLOT E05 is under the process at Plot E05, Wembley Stadium, First Way, Wembley, and Middlesex, HA9 0JD. Brent council is governing this project. The project has started in October 2017 and is supposed to finish by October 2020, spanning over 36 months. The floor area is 18601 square meters with the site area being 1.31 Ha. [![Fast Bridging Loans](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) With 458 units and 21 Storeys, there are 268 one bed houses, 75 two bed houses, 66 three bed houses and 49 four bed houses. 343 spaces have been allotted for parking. The total [**Construction Finance**](https://www.hankzarihs.com/2nd-charge-bridging-loans/) value of this project is £155M. ## **More about WEMBLEY PARK – PLOT E05** The client is Quintain Wembley Retail Park Limited. The architect is PRP Architects. WYG is the planner. Tower Eight is the quantity surveyor and the project manager. The structural engineer is Ramboll UK Limited Head Office. The Civil engineer, sustainability consultant, flood risk assessment consultant and energy consultant is Buro Happold. RBA Acoustics is the acoustic consultant. The contractor is John Sisk & Son Limited Head Office. Getjar Limited is the Civils subcontractor, foundations subcontractor, the frame subcontractor, ground works subcontractor, landscaping subcontractor, stairs subcontractor and the floors subcontractor as well. The external walls subcontractor is Galostar Limited. The scaffolding subcontractor is Benchmark Scaffolding Limited. Harringtons (Builders) Limited is another of the floors subcontractor, foundations subcontractor, and the groundworks subcontractor as well. The Briggs & Forrester Group Limited Head Office is the fire protection subcontractor, heating & ventilation subcontractor, M & E subcontractor, Plumbing subcontractor and the security subcontractor as well. ### **Construction Finance – How can HZA Help?** [**Property development finance**](https://www.hankzarihs.com/development-finance-hza/) brokers **Hank Zarihs associates** is currently available to offer advice on sourcing competitive [**short-term finance**](https://property.exposure.co/bridging-loans-are-one-of-the-best-ways-to-cover-any-shortfalls) for the many facets of the project. Along with their funding, they have also provided additional all round support and has made loans available very easily. The investors on this project can be sure to get a good return because of the involvement of [**HZA**](https://www.hankzarihs.com/our-finance/). ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Commercial Refurbishment Loans, Construction Finance london, quick bridging loans, refurbishment loans --- ### [Construction of ST FAITHS ROAD, OLD CATTON – Project is Underway](https://www.hankzarihs.com/fast-bridging-loans-faiths-road/) **Published:** March 31, 2019 **Author:** Shiraz Khan **Content:** **Fast Bridging Loans News:-** ST FAITHS ROAD, OLD CATTON – 258 HOUSES & 70 FLATS is going to be constructed in St Faiths Road, Old Catton, Norwich, and Norfolk, NR6 7BL. The contract detail has been approved as of now. The council of Broadland is going to be governing this particular construction. The duration of the [**construction** ](http://www.talkmarkets.com/member/james-helliwell/blog/guide-to-the-bridging-loan-market-and-how-to-apply-for-bridging-loans?post=198774)will last for over a period of 72 months. [![Fast Bridging Loans](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) There will be a total of 328 units that are going to be constructed. Among them, there will be 49 one bed houses, 61 two bed houses, 113 three bed houses, 80 four bed houses and 25 five+ bed houses available. The total value that will be required for this project is estimated at £60.4M. The plan is to make a total of 33% of the total units made to be available at an affordable price. **More about ST FAITHS ROAD, OLD CATTON – 258 HOUSES & 70 FLATS** The main client is Taylor Wimpey East Anglia with Mr Jordan Last as the main contact. Grafik Architects Limited is the main architect with Miss Lisa Silverton as the main contact. The planner is Boyer Planning Limited, with Miss Jenny Moor and Mr James Bailey as the main contacts. Taylor Wimpey East Anglia is also the quantity surveyor, the project manager and the main contractor as well. Mr Tom Wadsworth is the main contact in this case. **Fast Bridging Loans- How can HZA help?** The construction of ST FAITHS ROAD, OLD CATTON – 258 HOUSES & 70 FLATS is only successfully going to start because of the complete funding and the overall support by [**Hank Zarihs Associates**](https://www.hankzarihs.com/fast-bridging-finance/). Their loans are hassle free and are easy to use. This has resulted in the best availability of the construction materials. The investors of this project are expected to have a great return due to the involvement of [**HZA**](https://moneyjourneytoday.com/advice-purchasing-new-home/). ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** bridging loan companies, bridging loans london, fast bridging loans, property auction finance --- ### [The Construction of COUPLAND STREET – 273 FLATS is About to Finish](https://www.hankzarihs.com/fast-bridging-loans-coupland-street/) **Published:** April 3, 2019 **Author:** Shiraz Khan **Content:** **Fast Bridging Loans News**:-The project COUPLAND STREET – 273 FLATS is about to finish in Coupland Street, Boundary Lane and Burlington Street, Hulme, Manchester, Greater Manchester, M15 6HN. The council of Manchester is responsible for governing the construction of this project. The project has started in the May of 2018 and is nearing its end in November of 2019. The total floor area being used is 1716 sq. meters and the total site area used is 7100 sq. meters. [![Fast Bridging Loans](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) There is only 1 structure which will consist of 10 Storeys. One Storey will be situated underground as well. There will be a total of 273 units allotted, out of which there are 92 one bed flats and 181 two bed flats. There will be 53 parking spaces allotted additionally. The total estimated [**development finance**](https://www.finance-monthly.com/2018/11/development-finance-is-the-biggest-hitch-for-building-boom/) value of this project is £20.7M. ## **More about COUPLAND STREET – 273 FLATS** The main client is Domis Property Group with Mr Simon Ismail as the main contact. The architect is Hodder & Partners. The planner is Evan Kellie Property Solutions with Ms Ellen Philcox as the main contact. The landscape architect is Gillespies with Mr Adam Greatrix as the main contact. Vitec Limited is the sustainability consultant and Mech. & Elec. Engineer with Mr Geraint Harris as the main contact. The structural engineer and the Civil engineer is Capita Symonds with Mr Simon Bell as the main contact. The CDM coordinator is Goddard Consulting LLP. The contractor is Domis Property Group with Mr Jonathan Hanson, Mr Mark Powell and Mr Simon Ismail as the main contacts. Rose System Scaffolding Limited is the scaffolding subcontractor with Mr James Brierley as the main contact. ### **Fast Bridging Loans – How can HZA help?** [**Hank Zarihs Associates**](https://www.hankzarihs.com/our-finance/) has helped the construction of COUPLAND STREET – 273 FLATS by funding and making [**refurbishment loans**](https://www.hankzarihs.com/refurbishment-finance/) available very easily. This has been instrumental in making this project a huge success. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** best bridging loans, bridging loan companies, bridging loans london, fast bridging loans --- ### [Post & Mail Building Phase 2 – Project is About to Begin](https://www.hankzarihs.com/refurbishment-loans-post-mail/) **Published:** April 2, 2019 **Author:** Shiraz Khan **Content:** The construction of The Post & Mail Building Phase 2 – 115 Flats and Offices is taking place at Former Post & Mail Printing Works, Weaman Street, Birmingham, West Midlands, B4 6AT. The reserved matters are granted(TP ref 2017/02162/PA). The Chatham Billingham (P & M) Limited is governing this construction. [![post and mail building birmingham](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) There will be a total of 115 units that are going to be provided, out of which first 8 floors will be for offices and above those 115 flats will be for residential purpose and fit-out of the existing lower floors will be for reception and entrance space with associated landscaping. There will be 12 storeys in the building. The total estimated construction finance value for this project is estimated at £60M. The construction work is expected to start in fourth quarter of 2019 and is expected to end in fourth quarter of 2021. ## **Details of Post & Mail Building Phase 2 – 115 Flats and Offices:** Chatham Billingham (P & M) Limited is the main client with Mr. Alan Chatham, Mr. Mark Billingham, Mrs. Caroline Bailey as the main contact. The quantity surveyor is Robinson Low Francis. The architect is Associated Architects with Mr. Paul Anderson as the main contact. Cundall Johnston & Partners is the Mech.& Elec Engineer with the main contact being Mr. Nick Jones and Mr. Peter Hazzard. Ramboll is the Structural engineer and Civil engineer with Mr. Tim Steadwill as the main contact. Associated Architects is the Project Manager in the Management Group with Mr. Jonathan Davey as the main contact person. ISG Regions is the Contract/Tender Bidder. ### **Refurbishment Loans- HZA helping to get all done in a hassle-free way:** Hank Zarihs Associates has provided complete service in [refurbishment funding](https://www.hankzarihs.com/refurbishment-finance/) and helping the construction process by granting hassle free loans. Their support is one of the main reasons why Post & Mail Building Phase 2 – 115 Flats and Offices will become a successful project. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Commercial Refurbishment Loans, Development and Refurbishment Finance, Fast Commercial Bridging Loans, UK Residential Development Finance --- ### [Northern Ireland Star Performer in House Price Growth, Q1 2019](https://www.hankzarihs.com/construction-loans-house-price-growth/) **Published:** March 29, 2019 **Author:** Shiraz Khan **Content:** **Construction Loans News:-** Northern Ireland overshadowed the South showing a year-on-year first quarter rise of 3.3 per cent, according to the **[Nationwide House price index](http://www.nationwide.co.uk/about/house-price-index/headlines)**. The average house in Northern Ireland reached £142,484 while the North West edged up to £161,535 – a 2.9 per cent increase on Q1 2018. UK average house prices in the first quarter of this year rose to £212,694 – a 0.4 per cent compared with the same period in 2018. [![Building Finance](https://www.hankzarihs.com/wp-content/uploads/2018/03/3-Banner.gif "3-Banner - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) House prices in England fell by 0.7 per cent – the first annual recorded fall since 2012, due to declines in property values in the South East. # **Construction Loans – The Capital feels the pinch** London showed a 3.8 per cent drop to an average house price of £455,594, although this figure is still more than twice the UK average. Nationwide’s chief economist, Robert Gardner, said the capital was the weakest performer in the first quarter of this year. “This is the fastest pace of decline since 2009 and the seventh consecutive quarter in which prices have declined in the capital. This trend is not entirely unexpected, however, as it follows several years of sustained outperformance which left affordability more stretched. “Policy changes that have impacted the buy-to-let market in recent years are also likely to have exerted more of a drag in London, given that the private rental sector accounts for a larger proportion of the housing stock in the capital than elsewhere in the country.” He said that in general UK price increases were subdued in March with a modest 0.7 per cent rise on the same month in 2018. “Indicators of housing market activity, such as the number of property transactions and the number of mortgages approved for house purchase, have remained broadly stable in recent months, even though survey data suggests that sentiment has softened.” Even in Northern Ireland annual house price growth has weakened from 5.8 per cent in the final quarter of 2018, said Gardner. “Prices in Northern Ireland are still more than 35 per cent below the all-time highs recorded in 2007.” ## **Glimmers of hope** However, Gardner pointed out that prices across the South East and the Midlands are well above the pre-financial crisis and that Wales and Scotland’s prices were close to 2007 levels. The average house price for a property in the South East is £274,122, in the East Midlands it’s £182, 254 and in the West Midlands £189,263. Wales showed a modest 0.9 per cent year-on-year quarter growth to £153,287 while Scotland saw a bigger increase of 2.4 per cent bringing the average price of a property to £147,728. [**Property development finance**](https://www.hankzarihs.com/development-finance-hza/) lenders maintain there is some comfort in the fact that overall March saw a 0.7 per cent increase on the same month in 2018. “Although the rises are modest they do show there is still an appetite to buy and that certain regions such as Northern Ireland and Scotland are doing well with a demand for **construction loans**,” said finance brokerage **Hank Zarihs Associate’s** chief executive, **Shiraz Khan**. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** construction loans, instant bridging loans, property development finance, short term bridging loans --- ### [STRAND EAST, PLOT R7 Project is getting Planned for Being Constructed](https://www.hankzarihs.com/fast-bridging-loans-strand-london/) **Published:** March 29, 2019 **Author:** Shiraz Khan **Content:** **Fast Bridging Loans News:-** The construction and design of STRAND EAST, PLOT R7 – 82 FLATS, SHOPS & RESTAURANT is getting planned. The construction is going to happen in Plot R7, S/O High Street Stratford, E/O Sugar House Lane, Nw/O Three Mills Wall River, Stratford, London, E15 2QS. The London Legacy council is going to govern this construction. The due date for this project to start is somewhere in 2021. [![Fast Bridging Loans](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) There will be a total of 3 structures that are going to be constructed. The total floor area that this project is going to cover is 330 square meters. There will be a total allotment of 82 units. The single building that is going to be constructed will comprise of 14 Storeys. There will be 1 underground storey made as well. The total [**CONSTRUCTION FINANCE**](https://www.thehouseshop.com/property-blog/making-your-property-more-saleable-with-unique-features/18627) value estimated for this project is estimated at £20M. **More about STRAND EAST, PLOT R7 – 82 FLATS, SHOPS & RESTAURANT** The main client is Vastint UK BV. Paragon Interserve Construction Limited is the associated developer. The main architects are ARC-ML Limited and Bryden Wood Limited. GL Hearn & Partners is the main planner. The landscape architect is Plant IE. The interior designer is Manser Practice. Mott MacDonald is the Mech. & Elec. Engineer and the sustainability consultant. The structural engineers are Van Rossum Meubelen B.V. and Bryden Wood Limited. Peter Brett Associates is the main civil engineer as well as the transport consultant. The surveyor is Assent Building Control Limited. The main contractor for this project is Henry Construction Projects Limited. **Fast Bridging Loans – How can HZA help?** [**HZ Associates**](https://www.hankzarihs.com/fast-bridging-finance/) will be providing an all round support to the construction of STRAND EAST, PLOT R7 – 82 FLATS, SHOPS & RESTAURANT by making loans available in a hassle free manner. The funding has been done by them and one can expect the construction to be successful due to the presence of HZA. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** cheap bridging loans, commercial bridge loans, fast bridging loans, short term bridging loans --- ### [New Online Reports on Potential Development Land Give Buyers in-depth Insight](https://www.hankzarihs.com/online-development-finance-reports/) **Published:** March 28, 2019 **Author:** Shiraz Khan **Content:** **Online Development Finance News:-** Finding the right property or plot of land to redevelop without spending a fortune on professional help is often difficult. Most [**property developers**](https://www.homesgofast.com/Home-and-Decor/uk/blog/increasing-your-property-saleability-with-design-features) want an accurate picture about the site they’re interested in without having to wait too long. [![Building Finance](https://www.hankzarihs.com/wp-content/uploads/2018/03/3-Banner.gif "3-Banner - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) But a hasty decision without the right due diligence could be a disaster. There are a whole raft of potential issues. Is the building listed or in a conservation area? Is it on a flood plain? Is the land contaminated? What is the council’s planning vision for the area? These are important questions developers must consider first. Usually, this involves hiring an architect and building surveyor to inspect the property, land and environs. The developer might have to wait weeks or even months before getting their assessment. # **Speed is of the essence** A new online service offering a critical appraisal within five days is now available through finance brokers [**Hank Zarihs Associates**](https://www.hankzarihs.com/fast-bridging-finance/). Prospective buyers just need to give the address of the site to get the low down on the plot. The appraisal will flag up important issues such as whether the land is in the Green Belt or an area of outstanding national beauty. Crucially, it will tell the reader what the local authority’s thinking is for the area where the site is located. For example, does the council need to build 20,000 new homes in the vicinity to meet housing targets over the next five years? How keen are they to build on brown field land and what residential developments are they interested in? Do they want a mixed tenure development with home owners, renters and some local shops and businesses. Is there more of a housing need for two-bedroom properties than five-bed houses? Insight into the council’s views on converting existing industrial buildings, whether it’s a former factory or old gas works, are also given. Will the developer need to do remedial work to get rid of dangerous chemicals and make the land safe? ## **Online Development Finance – Getting a clear picture** The appraisal weighs up all of this and offers 3-D architectural modelling on the type of development which could be build on the site. This includes a video showing different accesses to the scheme, proposed height of the buildings and how it fits in to the surrounding area. [**Hank Zarihs**](https://www.hankzarihs.com/2nd-charge-bridging-loans/) chief executive officer, Shiraz Khan, says the appraisals priced at £1,000 for a proposed development of up to ten units and £1,500 for larger projects is value for money. “These reports are comprehensive and take out the headache of finding suitable professionals to do initial assessments on the site. The fact that you can get such a detailed analysis in less than a week is a major plus for developers where waiting costs money and sometimes even the opportunity to put a bid in for a site.” Finally, there are key facts on everything from education to rail and road links and examples of other successful planning applications granted over the last decade. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** bridging loans london, instant bridging finance, Online Development Finance, second charge bridging loans, short term bridging loans --- ### [Construction of 55 LOMBARD ROAD, BATTERSEA – Project will start soon](https://www.hankzarihs.com/refurbishment-finance-lombard-road/) **Published:** May 30, 2019 **Author:** Shiraz Khan **Content:** **Refurbishment Finance News**:- The project 55 LOMBARD ROAD, BATTERSEA – 168 FLATS, OFFICES & RETAIL SPACE is going to start with its construction procedure soon at 55 Lombard Road, Battersea, London, SW11 3RX. The council of Wandsworth will be looking over the construction procedure for this particular project. The construction of this project will take up a time period of 42 months or so. The total floor area required for the construction equals to 1065 sq m and the total site area that will be required is 6402 sq m. [![4 Banner](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner.gif "4-Banner - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) There will be 2 structures that are going to be built and a total of 168 units are going to be accommodated in them. There will be 20 storeys built. There will be 1 storey built below the ground as well. The parking space will consist of 74 available spaces. The total **estimated finance** value that will be required for the construction of this project is estimated at £19m. **The companies and contacts involved in this project** The main client for this project is Big Yellow Self Storage Limited (Head Office). The main architect for this project is Mountford Pigott Partnership with Mr. Walterio Mesa Siverio as the main contact. The planner for this project is DWD with Mr. Andrew Deller as the main contact. The landscape architect is Gillespies Head Office with Mr. Bill Basterfield as the main contact. The Mech. & Elec. Engineer is Silcock Dawson & Partners Limited Head Office. The civil engineer is Campbell Reith Hill Head Office with Mr. Jamie Brown as the main contact. **Refurbishment Finance and Bridging finance – How can HZA help?** Finance brokers, **Hank Zarihs Associates**, offer expert advice about the best construction loans, **property development** and refurbishment finance available. They offer a hassle free one-stop service and a quick turnaround for securing tailor-made funding. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Construction Finance london, fast bridging finance, fast refurbishment finance, house prices in london --- ### [Glasgow tops property house price growth](https://www.hankzarihs.com/property-finance-glasgow-tops/) **Published:** May 29, 2019 **Author:** Shiraz Khan **Content:** **Property Finance News:-** [Glasgow](https://www.hankzarihs.com/glasgow/) posted the strongest year-on-year growth in prices for April increasing by 5.1 per cent to £125,200, according to Zoopla’s UK cities **house price index**. Leicester and [Liverpool](https://www.hankzarihs.com/liverpool/) commanded joint second place with the growth of 4.9 per cent bringing average prices to £177,600 and £122,200 respectively. [Manchester](https://www.hankzarihs.com/manchester/) and Nottingham were the joint third with 4.5 per cent growth and averages of £169,700 and £154,600. [![4 Banner](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner.gif "4-Banner - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) UK city house price growth is running at +1.7 per cent down slightly on the level of growth 12 months ago at 1.9 per cent. Finance broker **[Hank Zarihs Associates](https://www.hankzarihs.com/news/)** said price growth in the north was mirrored by SMEs developers’ keen interest in construction loans and [**property development loans**](https://www.hankzarihs.com/development-finance/) for schemes outside London. ## Growth ranges narrow Annual growth ranges from a high of 5.1 per cent in Glasgow to -0.5 per cent in London – the smallest spread in annual growth recorded across the 20 cities since 1996. Zoopla said the recent narrowing between the highest and lowest rate of growth is down to a slowing in the rate of price falls in Aberdeen. These have recently turned positive at +0.3 per cent, alongside a general slowdown in price inflation across all cities, matching the national trend. ### Cities in the South follow London’s trend House price growth was higher than a year ago in eight cities including Aberdeen and Cambridge. The deceleration in price growth has been most marked in southern England with Bristol, Portsmouth, Bournemouth and Southampton all registering price inflation at or below 2.5 per cent. #### London has the slowest growth since 2012 In 2014, London was the fastest growing city with prices rising at an annual rate of 18 per cent. There was a further increase in growth three years ago, as demand grew as investors rushed to beat the stamp duty changes introduced in April 2016. Since then, the rate of price growth has slowed to 5.1 per cent. The last time the fastest growing city was at this level was in London seven years ago, at the end of 2012, just as the house price growth started to accelerate. ##### Property Finance – Asking price discounts rise Zoopla said discounts between asking and achieved prices were starting to increase off a low base across almost all cities except for Leicester. Outside Scotland, 11 cities have discounts below the national average of 3.9 per cent. The house price index is powered by Hometrack and analyses 20 cities across the UK. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Bridge Finance London, instant construction loans, property development loans, short term loans london --- ### [April sees rise in mortgages for buying residential homes](https://www.hankzarihs.com/property-development-residential-homes/) **Published:** May 28, 2019 **Author:** Shiraz Khan **Content:** **Property Development News:-** Mortgage approvals for house buying were 8.6 per cent higher in April than the same month in 2018, according to the trade body for banks, UK Finance. They rose to 42,989 in April from 40,564 in March – a clear rise on the 38,000 to 40,000 range that had previously largely held since the beginning of 2018. [![4 Banner](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner.gif "4-Banner - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) However, gross lending across the residential market in April 2019 was £20.3 billion, some 1.4 per cent lower than the same month in 2018. ## Demand for residential properties still healthy **EY ITEM Club** chief economic advisor, Howard Archer said: “April’s rise in mortgage approvals suggests that housing market activity may have got at least some temporary support from the avoidance of a disruptive Brexit at the end of March. It may also be that the housing market has benefited from recently improved consumer purchasing power and robust employment growth.” The economic forecasting group said a shortage of properties on the market and low-interest rates should continue to support house prices which it predicted will rise by 1 per cent this year. Finance brokers **[Hank Zarihs Associates](https://www.hankzarihs.com/news/)** said the latest data showed consumers were still keen to buy rather than rent homes. Chief executive Shiraz Khan said house builder activity and request for **construction loans** and property development and [**refurbishment finance**](https://blog.businesscasestudies.co.uk/4080/are-bridging-loans-truly-becoming-more-popular-in-2019/) was buoyant. The EY ITEM Club forecasts house prices rising by around 2 per cent throughout 2020 if the UK leaves the EU at the end of October with a deal. But if the UK leaves without a deal price are predicted to drop quickly by 5 per cent. Howard warned that prolonged uncertainty would weigh down on the economy and hamper the housing market. “The suspicion has to be that the labour market and earnings growth may well increasingly struggle to sustain their recent strength as companies tailor their behaviour to a relatively lacklustre domestic economy prolonged Brexit uncertainties, a fraught domestic political environment and a challenging global environment.” ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** house prices london 2019, instant construction loans, property development finance, Refurbishment Finance london --- ### [UK annual house prices show biggest growth up North](https://www.hankzarihs.com/house-prices-uk-growth/) **Published:** May 22, 2019 **Author:** Shiraz Khan **Content:** **House Prices UK News:-** House prices in the UK increased by 1.4 percent in the year to March, up from 1 percent in February, revealed **[ONS statistics](http://www.ons.gov.uk/economy/inflationandpriceindices/bulletins/housepriceindex/march2019)**. But the last three years have seen a general slowdown in house price growth, driven mainly by a slump in the south and east of England. [![4 Banner](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner.gif "4-Banner - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) The lowest annual growth was in London, where prices fell by 1.9 percent over the year to March 2019, although an improvement on the fall of 2.7 percent in February 2019. The average UK house price was £227,000 in March 2019. This is £3,000 higher than in the same period a year ago. On a seasonally adjusted basis, average [**house prices in the UK**](http://www.fxstat.com/en/user/profile/FirespinFinance-83026/blog/29856826-What-is-the-current-property-market-like-and-is-there-any-booms?) increased by 0.1 percent between February 2019 and March 2019. Brokers **[Hank Zarihs Associates](https://www.hankzarihs.com/news/)** said although growth was modest it was a step in the right direction and that certain regions were bouncing back. The company added that SME developers’ appetite for construction loans and development and [**refurbishment finance**](https://www.hankzarihs.com/refurbishment-finance/) remained unabated. The average house price in England increased by 1.1 percent over the year to March 2019, up slightly from 1 percent in February 2019, with the average house price in England now £243,000. ## **The North shows the best uptick on prices** House prices in Scotland increased by 3.3 percent in the year to March 2019, up from 0.5 percent in the year to February 2019, with the average house price in Scotland now £149,000. House price growth in Wales, increased by 3.0 percent in the year to March 2019, down from 3.6 percent in February 2019 with the average house price at £159,000. Northern Ireland house prices increased by 3.5 percent over the year to the first quarter of 2019. Northern Ireland remains the cheapest UK country to purchase a property in, with the average house price at £135,000. Yorkshire and the Humber showed the highest annual growth, with prices increasing by 3.6 percent in the year to March 2019, this was followed by the West Midlands with 3.4 percent. The lowest annual growth was in London, where prices fell by 1.9 percent over the year to March 2019, up from a fall of 2.7 percent in February 2019. This was followed by the North East where prices fell 0.8 percent over the year. The London area still remains the most expensive place to purchase a property at an average of £463,000, followed by the South East and the East of England, at £318,000 and £287,000 respectively. The North East continues to have the lowest average house price at £123,000 and is the only English region yet to surpass its pre-economic downturn peak. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Bridge Finance Uk, construction loans london, fast refurbishment finance, House prices UK --- ### [Construction of BEESTON BUSINESS PARK –Project has just started](https://www.hankzarihs.com/development-loans-beeston-park/) **Published:** May 21, 2019 **Author:** Shiraz Khan **Content:** **Development Loans News**:-The construction of the project BEESTON BUSINESS PARK – INDUSTRIAL DEVELOPMENT has just started at Beeston Business Park, Technology Drive & Trent Vale Road, Sports Ground, Beeston, Nottingham, and Nottinghamshire, NG9 1LA. The council of Broxtowe is looking after the construction of this particular project. The project just started, in April 2019 and is scheduled to last over a time period of 18 months, with the construction procedure completely finishing by October of 2020. [![Property Development Loans](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) The total floor area required for this project equals to 19228 sqm and the total site area equals to 11.44 Ha. There will be 3 storeys that are going to be built. There will be 60 additional spaces allotted for parking purposes only. The total [**finance value**](https://blog.businesscasestudies.co.uk/4080/are-bridging-loans-truly-becoming-more-popular-in-2019/) that will be required for the completion of this project is estimated at £28.8m. ## The companies and contacts involved in this project The main clients for this particular project are Chancerygate Properties Limited and Hines Ireland. The associated developer is Bridges Community Ventures with Mr. Tom Tyler as the contact. The planner is Plan It Planning Development with Mr. John Williams as the contact. The agent is Fisher Hargreaves Proctor Head Office with Mr. Mark Tomlinson as the contact. The agent is Innes England with Mr. Scott Osbourne as the contact. The civil engineer for this project is BWB Consulting with Mr. Darren Harvey as the contact. BWB Consulting is also the flood risk assessment consultant for this very project, with Mr. Tim Cooke as the contact. Chancerygate Properties Limited is also the project manager, with Mr. Harry Oscar as the contact. ### Development Loans – How can HZA help? The [**property development loans**](https://www.hankzarihs.com/development-finance-hza/) and **instant bridging loans** can be accessed from development finance broker [**Hank Zarihs Associates**](https://www.hankzarihs.com/news/), which can benefit successful completion of such construction projects. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** equity funds london, instant construction loans, london bridging finance loan, property development loans --- ### [Nearly 200 new homes to be built on a former Yorkshire mine site](https://www.hankzarihs.com/bridging-loans-yorkshire-mine/) **Published:** May 3, 2019 **Author:** Shiraz Khan **Content:** **Bridging Loans News:-** The go-ahead for 177 flats and houses to be constructed as part of the latest phase of the Waverley New Community has been given the go-ahead by Rotherham borough council. **Barratt Homes** will be building the £17.7m development which comprises six one-bedroom, 13 two-bedroom, 57 four-bedroom flats and 101 four-bedroom houses. Planning permission was granted at the end of last month on condition 31 of the homes would be affordable. ![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions") JRP Associates have designed the scheme on the 4.79 ha remediated and restored site which was once a former opencast mine. The scheme includes parking and landscaping and Eastwood and Partners have been hired as the consulting engineers. ## **Waverley’s location proves a major attraction** Barratt Homes have described the project as an exciting one offering high-quality housing and investment in the local economy with the creation of construction jobs plus landscaping gains It said Waverley was in a good location and close to Rotherham and Sheffield which were just ten and 15 minutes drive away. The village is also 30 minutes drive on the M18 from Doncaster Sheffield Airport. Finance brokerage **Hank Zarihs Associates** said this made the scheme a good one for sourcing property **development funding**, quick bridging loans or **short term bridging finance**. Hank Zarihs’ chief executive Shiraz Khan said: “This is an attractive residential development fulfilling housing need and boosting the local economy. ” Waverley village is part of Sheffield City Region’s enterprise zone and is home to the advanced manufacturing park in Rotherham. It will be Europe’s largest research-led advanced manufacturing cluster, centred around the Sheffield-Rotherham corridor, which is home to the University of Sheffield and Sheffield Hallam University. Innovation districts combine research institutions, innovative firms and business incubators with the benefits of urban living. These districts offer cluster cutting-edge research in geographic areas that are liveable, walkable, bikeable and transit-connected. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Auction Property East Yorkshire, best bridging loans, london best bridging finance, quick bridging loans --- ### [External Print Construction Site Hoardings](https://www.hankzarihs.com/printed-hoarding-panel-external-print/) **Published:** May 20, 2019 **Author:** Shiraz Khan **Content:** **Printed Hoarding Panel:-**C2 Group is a specialist supplier of External Printed Construction Site Hoardings, Printed Hoarding Panels and site boards. These beautifully printed panels can be designed to fit a perimeter of a construction site perfectly so as to hide an unsightly construction in progress. They can also serve to advertise businesses and to showcase what the development will look like once completed. [![Property Development Loans](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) We’ve been designing, printing and installing Building and Construction Site Hoardings for over 25 years across the UK. Managing your hoarding panels project from start to finish as well as being able to provide External Site Boards, Outdoor Planters and Flying Banners and Flags to further enhance your site. We offer a wide range of materials that are suitable for differing applications. All our Advertising Hoardings are printed in rich, vibrant colour at 1400 dpi photographic quality. We only use warranted materials such as dibond along with external grade inks that are waterproof and guaranteed not to fade. ## Printed Hoarding Panel All our material is held in stock which means External Construction Site Hoardings projects can usually be organised in a matter of days from survey or receipt of your site plan. We print all our Construction Hoarding panels in house and only use our own UK wide installation teams. We work alongside main contractors organizing access equipment, method statements and risk assessments. We can also help with other aspects of your project including government guidelines and safety issues such as road closures and compliance. We offer a full survey service on all Printed Hoarding Panel projects. As part of our survey service, we also provide scaled working drawings. Call **074474 99 243** for further details or email connor@hankzarihs.com ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Construction Hoarding panels, Flying Banners, Hoarding panels in house, Printed Hoarding Panel --- ### [Private house building boosts construction growth](https://www.hankzarihs.com/construction-loans-private-house/) **Published:** May 3, 2019 **Author:** Shiraz Khan **Content:** **Construction Loans News:-** Private housing workloads is supporting growth in the building industry, according to the Royal Institution of Chartered Surveyors UK Construction and Infrastructure **market study**. A positive net balance of 24 per cent of chartered surveyors contributing to the survey said there was a rise in **residential development** for the first quarter of this year. This was up on the previous quarter’s figure of 20 per cent. ![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions") But the professional body’s economist, Jeffrey Matsu, warned this was against a backdrop of tightened credit conditions. “Financial constraints continue to impede growth across the industry as lenders respond, to recent events such as Carillion and Interserve with less generous lending criteria, particularly to SMEs. Although market confidence has become more subdued in recent quarters, the outlook for workloads and employment growth has modestly improved,” he said. However, finance brokerage **Hank Zarihs Associates** said there were was still plenty of alternative lenders offering attractive rates for **construction loans** and development and [**refurbishment finance**](https://www.hankzarihs.com/refurbishment-finance/). ## **Quality standards matter** RICS said permitted development rights, to convert and refurbish properties, had fostered growth in the short term. But it warned that research had shown some commercial to residential conversions had been of poor quality and design. It said if the scheme, introduced in 2015, was to work then measures to ensure refurbishments and conversions were of sufficient calibre should be adhered. “The future of PDR and its contribution to the government’s target of delivering 300,000 additional homes will need to ensure that regulatory safeguards and minimum dwelling standards are upheld,” it said. The survey said in the past respondents had flagged up problems with planning delays but since the start of 2018, this worry had eased. It said concerns were now in-line with averages over the past six years of the survey. ” This has the potential to ease the housing shortage and speed up the delivery of developments,” said the survey.” RICS said the number of respondents reporting a shortage of skilled labour had reached its lowest level in five years. Although a positive net balance of 41 per cent of respondents still said they struggled to employ all skill sets, particularly quantity surveyors. Across construction as a whole, growth in workloads slowed across nearly all sectors in the first quarter. At the headline level, only +9 per cent more respondents reported a rise in workloads this quarter, the lowest net balance in six years. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Bridge Finance London, construction loans london, Refurbishment Finance Funding, Refurbishment Finance london --- ### [Land investment reaches record levels](https://www.hankzarihs.com/property-development-funding-investment/) **Published:** May 2, 2019 **Author:** Shiraz Khan **Content:** **Property Development Funding News**:- House builders are continuing to buy land with 370,000 planning permissions granted last year – more than double the number approved a decade ago. The figure is the second highest annual total on record according to the **[House Builders Federation](http://www.hbf.co.uk)** and Glenigan’s latest housing pipeline report. ![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions") HBF said the numbers reflected the sector’s commitment to increase housing delivery despite the fact permissions can still take months or years to realise. Glenigan’s economics director, Allan Wilen, said: “The development pipeline remains strong, with the number of units securing approval last year close to the record level seen in 2017. The high level of approvals over the last two years reflects the sustained flow of projects with approval that is already under construction or progressing to site.” Housing supply is up 78 per cent in the past five years with 222,000 homes added to the housing stock last year. Although, the total is still short of the government’s target of building 300,000 a year by the mid-2020s. HBF executive chairman, Stewart Baseley, said: “The industry has invested massively in recruitment and training in recent years to ensure it can build both the volume and quality of homes the country needs. The latest industry customer satisfaction survey figures show that whilst volumes continue to grow, quality and satisfaction levels are also now increasing. “The numbers released in today’s report count permissions that will, in the main, be built out over the next two to five years. Whilst they suggest further increases in supply will be delivered some uncertainties remain.” Finance brokers **[Hank Zarihs Associates](https://www.hankzarihs.com/news/)** said the data reflected the increased level of demand from house builders for [**property development funding**](https://www.homesgofast.com/Home-and-Decor/uk/blog/increasing-your-property-saleability-with-design-features) and [**construction loans**](https://www.hankzarihs.com/fast-bridging-finance/). **Planning departments need more resources to speed up** He was critical of the time local authorities were taking to process permissions which delayed when builders could actually start on site. Baseley said the industry was keen to work with central and local government to ensure planning departments have enough resources to handle increase applications. HBF said the industry’s ability to turn planning permissions into bricks and mortar was also reliant on economic stability, consumer confidence and an effectively functioning housing market generally. “New homes sales numbers are at historically high levels but the sluggish second-hand market, and consumer uncertainty generally clearly pose a threat,” said Baseley. The IHS Markit/CIPS Purchasing Managers’ Index showed output in April rising for the first time since January with residential work expanding at its fastest pace for four months. UK total building activity reached 50.5 up from March’s 49.7 level. Latest data revealed a solid expansion of residential work, with the rate of growth reaching its highest since December 2018. Survey respondents commented on resilient demand conditions and a strong flow of new buyers. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** construction loans london, equity funds london, London Bridging Finance, property development funding --- ### [First time buyer mortgages stimulated by minimal house price growth](https://www.hankzarihs.com/uk-house-prices-growth/) **Published:** May 2, 2019 **Author:** Shiraz Khan **Content:** **UK house prices**‘ modest 0.9 per cent year-on-year increase for April has helped first-time buyers, according to the Nationwide Building Society. The lender’s monthly [**index**](http://www.nationwide.co.uk/about/house-price-index/headlines) showed a 0.4 per cent rise in prices in April compared with the previous month bringing the average house price in the UK to £214,920 compared with £213,102 in March. ![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions") The building society’s chief economist, Robert Gardner, said: “Indicators of housing market activity, such as the number of property transactions and the number of mortgages approved for house purchase, have remained broadly stable in recent months, even though survey data suggests that sentiment has softened.” The lender said data from surveyors revealed new buyer inquiries had remained subdued for the beginning of 2019. Bank of England mortgage approvals for house purchases in March fell to 62,300 from 65,340 in February, although net lending for mortgages increased to £4.2bn. ## **UK House Prices – First-time buyer mortgage approvals grow** However, the Nationwide said because April was the fifth consecutive month of increases below 1 per cent this had worked in buyers’ favour. “While the ongoing economic uncertainties have clearly been weighing on consumer sentiment, this hasn’t prevented further steady gains in the number of first-time buyers entering the housing market in recent quarters,” said Gardner. He added that the number of first-time buyer mortgages had continued to approach pre-financial crisis levels in recent months. “While house prices remain high relative to average earnings, low mortgage rates have helped to support mortgage affordability. Indeed, raising a deposit appears to be the major barrier for prospective first-time buyers, since the cost of servicing the typical mortgage remains in line with or below long-run averages as a share of take-home pay in most regions of the UK.” Finance brokers **[Hank Zarihs Associates](https://www.hankzarihs.com/news/)** said first-time buyer growth was a good sign for developers seeking **property development funding**, [**fast bridging loans** ](https://www.hankzarihs.com/fast-bridging-finance/)and construction loans for starter home schemes. Online mortgage broker Trussle’s Dilpreet Bhagrath said subdued house prices meant the prospect of homeownership felt more attainable. “This slowdown opens a window for first-time buyers who already have a deposit saved up. However, for many, saving for a deposit is no easy task. More than two in five parents admit to still having grown-up children living at home, highlighting the financial struggles facing young people as they attempt to get a foot on the property ladder.” Gardner pointed out that despite sluggish house price growth, London and the South were still suffering from acute affordability pressures. “In 2018, first-time buyer incomes were in line with or below average incomes in most regions. However, in the East, South East and London, first-time buyers’ incomes were significantly higher than average incomes in those regions, 60 per cent higher in London, illustrating the extent to which many prospective buyers are priced out of the market in those areas.” ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Bridge Finance London, Development loan online, property development funding, UK house prices --- ### [Lending volumes on commercial property for 2018 rose significantly](https://www.hankzarihs.com/commercial-property-rose-significantly/) **Published:** May 1, 2019 **Author:** Shiraz Khan **Content:** **Construction Loans News:-** New commercial property lending reached £49.6bn in 2018 – a 12 per cent rise despite property deal volumes dropping by 13 per cent, according to the findings of a new report. The Cass Business School **UK Commercial Real Estate Lending Report** showed new development finance hit £8.8bn with residential development accounting for the largest slice at £5.2bn. ![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions") However, this was £1bn less for new residential development finance than in 2017. Lenders also mentioned that developments of private rented sector projects were still difficult to finance and these made up £1.7bn. Report author, Dr Nicole Lux, said 2017 had been a strong year for property transactions. “It remains to be seen if the debt market was just catching up in 2018. Historically a relationship of 1:1 could easily lead to an overheating market and 2019 needs to be carefully monitored.” ## **Appetite for new borrowing grew** She said new loan origination increased to 29 per cent of turnover in 2018 compared with a ten-year 20 per cent average. “A relatively large amount of 26 per cent of new loans was distributed via loan syndication, showing market depth and breadth are widening,” said Lux. The report noted that loan pricing had remained stable with slight downward pressure for loans secured by prime property and low loan-to-value ratios. ## Construction Loans – HZA **Hank Zarihs Associates** said the findings reflected robust demand experienced by brokers for both property development funding, **construction loans** and **short-term bridging finance**. Pricing of loans secured by prime retail property increased by 233 basis points from 214 over the 12 and for secondary to 334 basis points from 285 in the 12 months to December 2018. The report said loans secured by retail property were the most expensive to finance due to credit concerns about the quality of retail income. Average default rates for project finance loans was 1.3 per cent, 0.7 per cent for residential mortgage-backed securitised loans and 0.18 per cent for BBB, medium credit quality, corporate loans. In comparison defaults for secured commercial real estate loans was 3.2 per cent and write-down provisions were at 8 per cent of the value of defaulted loan value in 2018. This leaves secured commercial real estate loans slightly more risky than other similar secured asset financings. The survey was based on data from 74 lenders including three new entrants into the market. Prior to 2011 data was based on between 50 to 60 lenders. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** construction loans london, Development Finance Jobs London, property development funding, Short-Term Bridging Loan Specialists --- ### [Construction of BUS DEPOT, COLDBOROUGH HOUSE – Project Started](https://www.hankzarihs.com/commercial-bridge-loans-bus-depot/) **Published:** May 1, 2019 **Author:** Shiraz Khan **Content:** **Commercial Bridge Loans:-** BUS DEPOT, COLDBOROUGH HOUSE – 246 FLATS & COMMERCIAL UNITS will be starting with its construction at Bus Depot, Coldborough House, Market Street, Bracknell, and Berkshire, RG12 1JG. The council of Bracknell Forest will be governing this construction. The total floor area for this project is 225 sq. m and the total site area is 6200 sq. m. ![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions") There will be only 1 structure built which will comprise of 242 units. There will be 11 storeys built, which will comprise of 144 one bedroom houses and 98 two bed houses. Additionally, there will be 193 spaces that will be allotted for parking. The total value of this project is estimated at £18m. ## **The companies involved in this project** The main client is Seven Capital with Mr Helen Barlow as the contact. The architect is ECE Architecture & Planning with Mr David Turgoose as the contact. The planner is Montagu Evans Llp with Ms Anna Russell – Smith as the contact. The landscape architect is Terra Firma Consultancy Limited with Miss Robyn Butcher as the contact. The quantity surveyor is Fellows Construction Consultants Limited. The sustainability consultant is XCO2 Energy Limited with Mr Andy Love and Mr Lindsey Malcolm as the contacts. The transport consultant is i – Transport with Mr Ben Howard as the contact. The flood risk assessment consultant is RPS Health, Safety and Environment with Mr Alex Lowenhoff and Ms Anna Velkov as the contacts. The acoustic consultant is Mayer Brown Limited with Mr Paul Gray as the contact. The Project manager is Fellows Construction Consultants Limited as well for this project. ### **Commercial Bridge Loans – How can HZA help?** Property development finance broker **Hank Zarihs Associates** are open to give expert advice and total support to the developers of similar construction projects by providing [**commercial bridge loans**](https://www.hankzarihs.com/commercial-finance/) and [**loans for property refurbishment**](https://blog.businesscasestudies.co.uk/4080/are-bridging-loans-truly-becoming-more-popular-in-2019/). This, in turn, can be of great importance for determining the success of a project. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Auction Property In London, Bridging Finance London, commercial bridge loans, loans for property refurbishment --- ### [Rising labour and materials costs hit house builders](https://www.hankzarihs.com/rising-costs-construction-loans/) **Published:** April 30, 2019 **Author:** Shiraz Khan **Content:** **Construction Loans News:-** Construction costs showed a 4.3 per cent year-on-year increase for the last quarter of 2018, according to the latest figures from **The Royal Institution of Chartered Surveyors**, RICS. The organisation’s private house construction price index said the quarter had shown a 1.4 per cent increase on the previous one. ![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions") RICS added building output had been growing steadily since 2013 and that prices were up 8.6 per cent in the year to the third quarter of 2018. An RICS spokesperson said: “There is still a great deal of Brexit-related uncertainty over the terms that will be agreed when the UK leaves the European Union. This does not ease an increased concern within the construction industry over the risk of higher labour and material costs and possible weak construction output generally.” ## **Key skilled workers charge more** Overall developers said that materials and sub-contractor fees had risen significantly. Mastic pointers were now charging 10 per cent more, followed by a rise of 5 per cent for scaffolders and 2 per cent for tilers. Material costs have increased substantially too with the prices of trusses up by 8 per cent, mouldings by 7.5 per cent, joists 6 per cent and carcass timber 5 per cent. Contractors predicted that prices would continue to rise for the first quarter of 2019 by a further 0.92 per cent. **Hank Zarihs Associates** said it was important that developers factor in forecasts for increases in building costs when seeking **property development funding** or construction loans. The index is based on housebuilders’ costs in constructing a standard house; it’s adjusted for changes in specification and reflects only the movement in the underlying direct costs to housebuilders. The sector has been struggling to meet the growing demand for its services in residential, with the Government’s target of 300,000 new homes per year a tough one to meet. Supply and demand imbalances contribute to unaffordability. The UK construction sector represents around 6 per cent of the country’s gross domestic product and 10 per cent of employment, every year an estimated £150bn is invested through the public and private sectors. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** construction loans london, equity funds london, House price in London, property development funding --- ### [EURO HOTEL GROUP – Project is going to start soon](https://www.hankzarihs.com/quick-bridging-loans-euro-hotel/) **Published:** April 30, 2019 **Author:** Shiraz Khan **Content:** **Quick Bridging Loans News**:-The construction of the EURO HOTEL GROUP, HOUNSLOW ROAD – 151 APARTMENT HOTEL is nearing to its construction at 37 – 45 Hounslow Road, Feltham, and Middlesex, TW14 0AU. The council of Hounslow is governing the construction for this particular project. The project is going to start soon with its construction by July 2019 and will be lasting over a period of 18 months. The project is supposed to get finished by January 2021. The total floor area is 9077 sq. m and the total site area is 3583 sq. m. ![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions") There will be a total of 151 units that are going to be built. There will be a total of 3 storeys that are going to be built. There will be 1 storey which will be built below the ground as well. Additionally, there will be 21 spaces that will be allotted for parking purposes. The total value for the construction of this project is estimated at £11.3m. ## **The companies that are involved in this project** The main client for this project is Euro Hotels Limited with Mr Parshant, Project Manager and Mr Gauhar Nawab, Managing Director as the main contacts. The architect is Dexter Moren Associates with Mr Herbert Lui, Director as the main contact. The planner is GVA Grimley Limited with Mr Richard Quelch, planner as the main contact. The energy consultant is XCO2 Energy Limited with Mr Lindsey Malcolm, Environmental Consultant, Mr Tom Kordel, Mechanical & Electrical Manager and Ms Telma Sugimoto, Engineer as the main contacts. The transport consultant is Steer Davies Gleave with Mr Adam Beswick, Project Manager as the main contact. The flood risk assessment consultant is RPS Health, Safety and Environment with Ms Alison Cadge, Technical Director as the main contact. ### **Quick Bridging Loans – How can HZA help?** With the help of [**Property development finance**](https://www.hankzarihs.com/our-finance/) broker Hank Zarihs Associates, one can easily get **quick bridging loans** and [**refurbishment loans**](https://www.merchantcircle.com/blogs/firespin-new-york-ny/2018/11/Bridge-Loans-An-Effective-Tool-For-Selling-in-Slow-Market/1589800) that can be very helpful in projects like this. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Construction Finance london, property development finance, Quick Bridging Loans Online, refurbishment loans london --- ### [CLEGG STREET – Project is going to start soon with its construction](https://www.hankzarihs.com/best-bridging-loans-clegg-street/) **Published:** April 29, 2019 **Author:** Shiraz Khan **Content:** **Best Bridging Loans News:-** The construction of the project CLEGG STREET – 127 FLATS is going to start with its construction soon at Clegg Street, Liverpool, and Merseyside, L5 3SP. The council of Liverpool is going to be governing the construction of this project. This particular project is due to start on the September of 2019 and will be going over a period of 24 months. The project is supposed to end it construction by the September of 2021. ![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions") The total site area for the project is 2200 sq. m. there will be only 1 structure built. There will be a total of 127 units provided and it will consist of 7 storeys. There will be 119 one bed houses and 8 two bed houses allotted. The total value for this project is estimated at £9.5m. ## **The companies involved in this project** The main client for this project is Caro Developments with Mr Neil Carlyle as the contact. The architect is Falconer Chester Hall Architects. The planner is Zerum Consult Limited with Ms Nikki Sills, Associate Director as the contact. The landscape architect is LAYER Landscape Architecture with Mr Simon Tugby, Landscape Architect as the contact. The civil engineer is Clancy Consulting with Mr Mike Dean, Structural Engineer as the contact. The transport consultant is Vectos Highway infrastructure with Mr Oliver McLaughlin, Senior Transport Planner as the contact. The acoustic consultant is Wardell Armstrong with Mr Mark Dawson, Technical Director and Mr Nick Auckland, Acoustic Engineer as the contacts. ### **Best Bridging Loans – How can HZA help?** With the help of the Property development finance broker [**Hank Zarihs Associates**](https://www.hankzarihs.com/fast-bridging-finance/), the investors and developers of similar construction projects can get expert advice and help regarding [**short term bridging finance**](https://www.feedsfloor.com/real-estate/bridge-loans-good-option-raise-money-short-term-period) and can get the **best bridging loans** without any difficulties. This will surely help them to make their projects a huge success. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** best bridging loans, bridging finance loans london, property development finance london, short term bridging finance --- ### [Construction of STRAW MILL HILL – Project have been approved](https://www.hankzarihs.com/property-development-finance-straw-mill/) **Published:** April 27, 2019 **Author:** Shiraz Khan **Content:** **Property Development Finance News**:- The project STRAW MILL HILL – 108 HOUSES/FLATS has been approved and the construction will happen at Tovil Quarry Site, Straw Mill Hill, Tovil, Maidstone, Kent, ME15 6FL. The council of Maidstone will be governing the construction for this particular project. The total site area of this project equals to 2.3669 Ha. There are 24 structures that will be built totally. The number of units accommodated in them will be 108. ![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions") Those units will be distributed in a total of 4 storeys. Among all the units, there will be 25 one bed houses, 63 two bed houses and 20 three bed houses that are going to be allotted. Sustainable Homes gave a rating of 3 stars to this particular project. The total value required for the construction of this project stands at £10m. ## **The companies and the contacts that are involved in this project** For STRAW MILL HILL – 108 HOUSES/FLATS, the main client is Pinden Limited with Mr Steven Bishop as the main contact. The main planner for this project is DHA Planning with Ms Emily Hadden, Planner as the main contact. The main agent for this project is Kingsbury Investment & Development Consultants Limited with Mr Keir Goldstein and Mr Ross Kemp, selling Agent as the main contacts. ### **Property Development Finance – How can HZA help?** For different other construction projects that are similar to this one, the Property development finance broker [**Hank Zarihs Associates**](https://www.merchantcircle.com/blogs/firespin-new-york-ny/2018/11/Bridge-Loans-An-Effective-Tool-For-Selling-in-Slow-Market/1589800) are open for giving expert advice and are willing to provide help and total support in all departments of the construction to make such projects a complete success. Their [**second charge bridging loans**](https://www.hankzarihs.com/2nd-charge-bridging-loans/) can prove to be a great asset during the construction period and their **property development loans** can be acquired without any hassle and in a very quick time period. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** construction loans london, property development loans, second charge bridging loans, short term loans london --- ### [Construction of WOOD WHARF W02 & WO3 is nearing halfway](https://www.hankzarihs.com/short-term-loans-wood-wharf/) **Published:** April 26, 2019 **Author:** Shiraz Khan **Content:** **Short Term Loans News**:-The WOOD WHARF W02 & WO3 construction stage is almost reaching the halfway stage at Wood Wharf, Prestons Road, Isle of Dogs, Poplar, and London, E14 9SF. The council of Tower Hamlets is governing the construction of this project. The project had started way back at April 2015 and is expected to last over a period of 120 months. The project is supposed to be completed fully by the April of 2025. ![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions") The total floor area is 155023 sq. m and the total site area is 133.4 Ha. The total number of units to be built is 1668 units which will comprise of 37 storeys. 3 storeys will be built below the ground as well. Additionally, there will be 709 spaces which will be allotted for parking. The total value of this project is estimated at £387.5m. ## **The companies involved in this project** The main client for this project is British waterways Head Office. The associated developers are Ballymore Group, Wood Wharf Property Company Limited, Canary Wharf Group PLC and London Borough of Tower Hamlets. The Architect is Pelli Clark Pelli Architects. The planner is DP9 Limited. The Landscape architect is Martha Schwartz Partners. The Mech. & Elec. Engineer is Hilson Moran Partnership. The structural engineer is WSP Parsons Brinckerhoff (Head Office). Canary Wharf Group PLC is also the project manager and the contractor. The Civils subcontractor and the groundworks subcontractor is W J Groundwater Limited. The interior fitting out subcontractor and the Joinery subcontractor is Ruddy Joinery & Fit-Out Limited. The external walls subcontractor is Schneider (GB) Limited. The M & E subcontractor is NG Bailey & Company Limited. ### **Short Term Loans – How can HZA help?** The Property development finance broker [**Hank Zarihs Associates**](https://www.hankzarihs.com/fast-bridging-finance/) is now open for giving expert advice on the **short term loans** and can help with [**fast bridging finance**](https://www.bloglovin.com/@weneedretailtherapy/finance-to-design-super-shop-fitting-tips) that can be very helpful for projects like these. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** bridging finance loans in london, construction loans london, fast bridging finance, short term loans london --- ### [Construction detail of 54 MARSH WALL – TOWER HAMLETS is approved](https://www.hankzarihs.com/residential-bridge-loans-marsh-wall/) **Published:** April 25, 2019 **Author:** Shiraz Khan **Content:** **Residential Bridge Loans News**:- The details have been approved of the 54 MARSH WALL – TOWER HAMLETS at 54 Marsh Wall, Poplar, London, E14 9TP. The council of Tower Hamlets will be governing the construction of this project. The project is scheduled to start by the April of 2021. The estimated time period for the construction is 36 months, and the project is expected to be completed by the April of 2024. The total site area of the project is 2000 sq m. ![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions") There will be 3 structures built, and the total number of units provided will be 216. A total of 41 Storeys will be built. There will be 2 Storeys below the ground as well. There will be 103 one bed houses, 83 two bed houses, 20 three bed houses and 10 four bed houses provided. Additionally, there will be 22 spaces allotted for parking as well. The estimated value for this project is £50m. Sustainable Homes gave a rating of 4 stars to this project. ## **The companies involved in this project** Daejan (FHNV 1998) Limited is the main client. The architect is Rolfe Judd Planning. Rolfe Judd Planning is also the planner for this project with Mr Phil Dunphy as the contact. The landscape architect is Fabrik Limited with Mr Paul Barratt and Ms Vicky Hill as the contacts. The quantity surveyor is Rider Levett Bucknall with Mr Paul Sandbrooke as the contact. The Mech. & Elec. Engineer is Watkins Payne Partnership with Mr Steve Milliner as the contact. The structural engineer is AKT II. Motion UK is the transport consultant with Ms Sheila Gough as the contact. ### **Residential Bridge Loans – How can HZA help?** [**Commercial mortgage broker**](https://www.hankzarihs.com/our-finance/) Hank Zarihs Associates is always ready to give advice on similar construction projects and can help with **residential bridge loans** and their [**fast commercial bridging loans**](https://medium.com/@danfenuentrepeneur/4-energy-efficient-home-appliances-that-will-save-you-money-on-utilities-1a1dac81890b) can turn out to be very helpful for the success of the projects. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Bridging Finance London, commercial mortgage broker, Fast Commercial Bridging Loans, residential bridge loans --- ### [CAMDEN GOODS YARD REDEVELOPMENT will be beginning with its construction soon](https://www.hankzarihs.com/equity-funds-camden-goods/) **Published:** April 24, 2019 **Author:** Shiraz Khan **Content:** **Equity Funds News:-** The construction of CAMDEN GOODS YARD REDEVELOPMENT will be starting soon and the construction will be taking place at Morrisons Superstore & Petrol Filling Station, Camden Goods Yard Chalk Farm Road, Camden Town, and London, NW1 8EH. The council of Camden will be looking over the construction of this project. The project is scheduled to start by 2020. The total floor area of the project is 35946 sq. m and the total site area is 3.26 Ha. ![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions") There will be only 1 structure built which will be consisting of 569 units and there will be 14 Storeys built. There will be 1 storey built below the ground as well. There will be 271 one bedroom, 211 two bedroom, 83 three bedroom and 4 four bedroom flats. Additionally, there will be 14 paces allotted for parking. The total value of this project is £50m. The BREEAM Rating for this construction got an ‘Excellent’ review. ## **The companies involved in this project** The client for this project is WM Morrisons Supermarkets Plc Head Office. The architect is Piercy & Company, Allies & Morrison Urban Practitioners and Niall McLaughlin Architects. The planner for this project is Turley Associates and Peacock & Smith. The landscape architect is Gillespies LLP. The quantity surveyor is Capita Group Head Office. The Mech. & Elec. Engineer is Waterman Building Services Limited. The structural engineer is AECOM. The civil engineer, the acoustic consultant and the transport consultant is Ardent Consulting Engineers Third Floor. BBS Environmental is the sustainability consultant and the energy consultant as well. ### **Equity Funds – How can HZA help?** The Property development [finance broker Hank Zarihs Associates](https://www.hankzarihs.com/) are available to give expert advice and provide help with these types of construction projects and one can get help with the instant bridging finance, [equity funds](https://www.hankzarihs.com/equity-joint-ventures/) and can avail the property development loans without any hassle. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Construction Finance london, equity funds london, House price in London, property development loans --- ### [Construction of CITY VIEW DEVELOPMENT – REGENT PLAZA is about to start](https://www.hankzarihs.com/commercial-loans-city-view/) **Published:** April 22, 2019 **Author:** Shiraz Khan **Content:** **Commercial Loans News**:- CITY VIEW DEVELOPMENT – REGENT PLAZA is about to be started with its construction at Regent Road, Oldfield Road And Duncan Street, Salford, greater Manchester, M5 3GY. The council of Salford will be the one to govern this construction. This project is expected to start by the second quarter of 2019. The total floor area for this project is 1079 sq m and the total site area equals to 8800 sq m. ![](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions") The construction will be consisting of a total of 26 storeys. These 26 storeys will be comprised of a total of 525 units. There will be an additional allotment of 150 spaces solely for parking. The total value required for the construction of this project is £150m. ## **Companies involved in CITY VIEW DEVELOPMENT – REGENT PLAZA** The developer for this project is Sourced Developments Limited with Mr Stephen Moss as the contact. The main architect is Fletcher Rae UK Limited with Mr John Clarke as the contact. Indigo Planning Limited is the main planner for this project with Mr Nick Fillingham as the contact. Fabrik is the landscape architect for this project with Mr Andy Watson as the contact. The structural engineer is Alan Johnston Partnership. The energy consultant for this project is SYSTRA. Indigo planning Limited is also the transport consultant with Mr Nick Fillingham as the contact as well. Another transport consultant for this project is SYSTRA. SYSTRA is also the Flood risk assessment consultant as well with Mr Tim Dawe as the contact. ### **Commercial Loans – How can HZA help?** For those who are in the need of advice on getting different types of [**commercial** **loans**](https://www.hankzarihs.com/circle-square-commercial-finance/)**, instant bridging finance** for property refurbishment in a hassle free manner, the **Property development finance** brokers **Hank Zarihs Associates** are open for providing such help with construction projects. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** commercial loans provider, Fast Commercial Loans, property development finance london, residential bridge loans --- ### [New home figures rise by more than 20 per cent, says NHBC](https://www.hankzarihs.com/refurbishment-finance-nhbc-homes/) **Published:** May 31, 2019 **Author:** Shiraz Khan **Content:** A total of 13,527 new homes were registered to be built in the UK in April – a 21 per cent year-on-year increase, reports the National Housing Building Council, NHBC. Out of the new homes registered in April – 9,972 were in the private sector and 3,555 were in the affordable and rental sector. This compares to 11,218 a year ago, of which 7,427 were private sector and 3,791 affordable and rental sector. [![4 Banner](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner.gif "4-Banner - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) NHBC chief executive Steve Wood said: “It is great to see another strong month for new home registrations. To date, there is little evidence that Brexit uncertainties are denting developer confidence, whilst the continued flow of inward investment into the private rental sector is another good sign of resilience.” ## London sees boom in new home registrations Seven of the 12 UK regions saw an increase, with London experiencing another considerable rise in registrations – up 61 per cent from 3,397 in 2018 to 5,475 in 2019. This was driven by growth in the numbers of larger developments and an increased appetite in the private rental sector. Also, the strong level of growth compared to April last year was partly due to the freezing weather conditions in the Spring of 2018. Looked at over a rolling quarter, 38,496 new homes were registered to be built compared to 36,042 in the same February to April period last year. The private sector was up 4 per cent to 27,881 in 2019 versus 26,754 in 2018, with the affordable and rental sector up 14 per cent to 10,615 in 2019 compared with 9,288 in 2018. ### Refurbishment Finance by HZA Finance broker [Hank Zarihs Associates](https://www.hankzarihs.com/) said this was a reflected in the number of developers applying for construction loans and development and [refurbishment finance](https://www.hankzarihs.com/development-finance/). NHBC registration statistics are a leading indicator as around 80 per cent of new build homes are insured with a warranty from the organisation. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** bridging finance loans in london, fast refurbishment finance, London Bridging Finance, Online construction loans --- ### [NORTH DOUGLAS STREET – Project construction is about to start soon](https://www.hankzarihs.com/fast-bridging-loans-north-douglas/) **Published:** May 17, 2019 **Author:** Shiraz Khan **Content:** **Fast Bridging Loans News:-** The project NORTH DOUGLAS STREET – 126 HOUSES is about to start with its construction soon at North Douglas Street, Clydebank, Strathclyde, G81 1NR. The council of West Dunbartonshire will be looking over the construction of this particular project. The project is scheduled to start by the fourth quarter of 2019 and will last for a time period of 21 months. The project is supposed to be finished by the third quarter of 2021. [![Property Development Loans](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) The total site area that will be required for this project equals to 3.083 Ha. The total numbers of units that are going to be constructed are 126. There will be 3 storeys built. There will be 135 spaces that will be allotted for parking purposes. The total [**construction finance**](http://www.fxstat.com/en/user/profile/FirespinFinance-83026/blog/29856826-What-is-the-current-property-market-like-and-is-there-any-booms?) value that will be required for this project is estimated at £12.6m. ## **The companies and contacts involved in this project** The main clients for this project are West Dunbartonshire Council and the Cube Housing Association. The architect for this project is also West Dunbartonshire Council, with Ms Susanne McNaught as the main contact. The landscape architect is Mike Hyatt Landscapes, with Mr. Mike Hyatt as the main contact. The structural engineer and the civil engineer is WS Atkins Limited. The transport consultant is Atkins, with Mr. Damian Murray as the main contact. The project manager is also West Dunbartonshire Council, with Ms Anna Gallacher as the main contact. ### **Fast Bridging Loans – How can HZA help?** The [**Property development finance broker**](https://www.hankzarihs.com/news/) Hank Zarihs Associates are open for giving advices and offer help and support to construction of projects similar to these. With the help of their [**fast bridging loans**](https://www.hankzarihs.com/fast-bridging-finance/), one can easily continue the construction process without many problems. Also, with their **property refurbishment loans**, it is much safer for the developers and the investors as well. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Bridging Finance London, fast bridging loans, house prices london 2019, property refurbishment loans --- ### [Garden community of up to 20,000 homes in Exeter area gets Government backing](https://www.hankzarihs.com/development-funding-garden-community/) **Published:** May 16, 2019 **Author:** Shiraz Khan **Content:** **Development Funding News:-** Ambitious plans to build a swathe of new housing across Exeter and the surrounding area by 2040 has won Government support. The housing minister, Kit Malthouse, announced the **[new garden community](http://www.gov.uk/government/news/new-garden-community-for-greater-exeter)** would provide homes for families in vibrant new communities as part of a deal for the South West. [![Property Development Loans](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) “We are making an urgent push to build more, better, faster, and it is good to see the authorities working together to plan 20,000 much-needed properties built in Devon. “This project is the next latest step towards meeting our aim of building 300,000 homes a year by the mid-2020s, in the areas where people need them the most,” he said. The Government is offering £750,000 to fund dedicated project teams, master planning work, and studies to anticipate and offset the impact of housing growth in the area. Exeter city council, East Devon council and Teignbridge district council are working together on plans for the scheme. ## **Garden towns offer a holistic approach** Garden communities are designed to offer chances to grow food, develop and enhance the natural environment harnessing energy positive technology to deliver zero carbon homes. Transport is integrated with walking, cycle paths and easy access to public transport. The Exeter garden community will join 28 existing garden communities the Government is currently supporting, which are already delivering new homes. In March the Government announced £3.7 bn to fast track specialist survey and planning work for building 64,000 new homes in five garden towns across England. These included developments in Berkshire, Hertfordshire, Essex, Gloucestershire, and Staffordshire. ### Development Funding – HZA Finance advisors [**Hank Zarihs Associates**](https://www.hankzarihs.com/news/) said SME developers were keen to be involved in such schemes where specialist lenders were likely to offer competitive **[non-status bridging loans](https://activerain.com/blogsview/5280521/the-growing-property-trends-in-the-uk)/**construction loans and property development funding. Exeter University, the Science Park and research centers in agriculture and health are making the area a growing hotspot for innovation. Economic studies have shown Exeter needs to retain people aged 25 to 39 years of age as they are considered to be the biggest driver of the enterprise. The proposed plans for new housing over the next two decades will help deliver more affordable housing for that age group. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** London Bridging Finance, non status bridging loans, property development funding, short term loans london --- ### [Japanese prefab giant breaks into UK house-building market](https://www.hankzarihs.com/uk-house-market-japanese/) **Published:** May 14, 2019 **Author:** Shiraz Khan **Content:** **UK House Market News:-** Japan’s biggest house builder and prefab pioneer, Sekisui House, has struck a **[£90m deal](http://www.gov.uk/government/news/boost-for-housing-market-as-japans-biggest-housebuilder-sekisui-house-moves-into-uk)** with developer Urban Splash and government agency Homes England. Real estate and financial advisor JLL facilitated the deal which includes a £55m investment into Urban Splash’s modular ‘[**House**](http://www.urbansplash.co.uk/regeneration/projects/town-house)‘ concept. [![Property Development Loans](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) Sekisui House president and representative director Yoshihiro Nakai, said he was pleased to be establishing operations in the UK. “Using modern methods of construction to build high-quality homes with short build times is one of our company’s great strengths. Our technology and know-how can help resolve pressing social issues in the UK, and I want to see us play our part immediately. These operations can also help bring vitality to UK regions, and we will work to make the strongest connections with the local communities.” ## **Online car buying tycoon invests** Sekisui House has invested £22m of new equity, with £30m of equity and debt funding coming from the Government’s home building fund, administered through Homes England. Entrepreneur, Noel McKee, founder of We Buy Any Car, has also made a £2.5m equity investment in the new partnership and will take an incremental 5 percent stake. Homes England chair, Sir Edward Lister, said: “When Homes England launched last year we said we’d disrupt the housing market to increase the pace of construction. By helping bring one of the world’s largest and most innovative house builders to UK shores, we’re putting our money where our mouth is. “By creating a more diverse landscape – where smaller builders such as Urban Splash get a stronger foothold – we’re rebuilding the building industry; driving up quality and improving consumer choice.” ## **Sekisui picked for green credentials** Urban Splash chairman, Tom Bloxham, said the deal was an opportunity for the UK house building industry. “We hope to leverage our 25 years of place-making experience and our recent investments into modular housing by bringing in new partners; having looked far and wide we chose Sekisui House from Japan because of the company’s unrivalled global experience in modular construction and shared values and philosophy that we are making homes not units, and a joint belief in the need for a green future.” Bloxham said the company was proud to partner with Homes England because of its commitment to modular construction and the desire to grow capacity in the UK housing business. “We are incredibly excited about the accelerated production of much-needed homes and evolving traditional practices as we embrace the benefits of innovative offsite construction. I hope it will establish us as the housing partner of choice for landowners – both public and private,” he said. Sekisui House is at the forefront of modern methods of construction, where homes are built in factories and then shipped out to sites. Property finance brokers **Hank Zarihs Associates** said mainstream banks had been traditionally cautious about lending to developments using off-site construction. But he added this new initiative was a positive one and would make it easier for developers using such methods to gain construction loans and **property development funding**. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** House price in London, property development funding, UK House Market, UK house prices --- ### [Project GORTON LANE – 102 APARTMENTS & 13 HOUSES is going to start soon](https://www.hankzarihs.com/instant-bridging-loans-gorton-lane/) **Published:** May 14, 2019 **Author:** Shiraz Khan **Content:** **Instant Bridging Loans News**:- The project GORTON LANE – 102 APARTMENTS & 13 HOUSES is about to start with its construction procedures at Bounded By Pottery Lane, Gorton Lane, Belle Vue Street & Polesworth Close, Manchester, Greater Manchester, M12 5JD. The council of Manchester will be supervising the construction process of this particular project. The total site area of the project sums up to 9800 sq. m. [![Property Development Loans](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) There will be a total of 17 structures that are going to be constructed. The total number of units to be provided is 115. There will be 4 Storeys constructed and there will 94 spaces allotted additionally for parking purposes. The total value required for the [**construction finance**](https://github.com/TalkingTech/internet-marketing/wiki/4-Valuable-Email-Marketing-Strategies-for-2019) of this project is estimated at £8.9m. ## **The companies and contacts that are involved in this project** The main client for this project is ONE Manchester with Ms. Pauline Terry, Development Manager as the contact. The architect is OMI Architects with Mr. Stuart McGrath, Architect, and Ms. Katherine Valentine, Architect as the contacts. The planner is Paul Butler Associates Limited with Mr. Julian Austin, Senior Planner , and Mr. Tom Flanagan, Planning Consultant as the contacts. The landscape architect is DEP Landscape Architecture with Mr. Max Aughton, Landscape architect as the contact. The consulting engineer is GIA. The civil engineer, the transport consultant, and the flood risk assessment consultant are Curtis Consulting Limited. The acoustic consultant is Lighthouse Acoustics. The project manager is also ONE Manchester for this particular project. ### **Instant Bridging Loans – How can HZA help?** The Property development finance broker **[Hank Zarihs Associates](https://www.hankzarihs.com/news/)** is always available to provide expert advice and consultation on construction projects that are similar to this.Their **instant bridging loans** and [**fast refurbishment finance**](https://www.hankzarihs.com/refurbishment-finance/) can be really helpful to make these types of projects successful. Their support in an all-round manner is also extraordinary. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** fast refurbishment finance, instant bridging loans, London Bridging Finance, refurbishment loans london --- ### [PENN STREET – 30 FLATS & CHURCH Project will start soon with its construction](https://www.hankzarihs.com/fast-bridging-loans-penn-street/) **Published:** May 13, 2019 **Author:** Shiraz Khan **Content:** **Fast Bridging Loans News**:-The construction of the project PENN STREET – 30 FLATS & CHURCH is scheduled to start soon at the address 12 – 14 Penn Street, Islington, London, N1 5DJ. The council of Hackney will be supervising the construction of this particular project and its procedures. The total floor area required for this project will be 662 sq. m and the total site area sums up to 756 sq. m. [![Property Development Loans](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) There will be only 1 structure built, and a total of 30 units are going to be provided. There will be a total of 7 Storeys that are going to be built. There will be 1 storey built under the ground as well. The total value that will be required for the [**construction finance** ](https://www.hankzarihs.com/news/)of this project is estimated at £10m. ## **The companies and contacts that are involved with this project** The client for this project is Thornsett Group Plc with Mr John Bennett, Architect as the contact. The architect for this project is Capital Architecture Limited with Mr John Bennett, Architect as the main contact. The planner for this project is Montagu Evans Up with Miss Polly Mason as the contact. The Mech. & Elec. The engineer is XCO2 Energy Limited. The transport consultant is Caneparo Associates Head Office with Mr Daniel Burkin, Transport Planner as the main contact. Thornsett Group Plc is also the project manager for this project itself, with Mr Paul Terry, Project Manager as the main contact. ### **Fast Bridging Loans – How can HZA help?** The Property development finance broker [**Hank Zarihs Associates**](https://www.hankzarihs.com/fast-non-status-bridging-loans/) are currently open to provide all types of consultation and expert advice on the various prospects that the developers and the investors of such similar projects may need help with. With their [**fast bridging loans**](https://blog.businesscasestudies.co.uk/4080/are-bridging-loans-truly-becoming-more-popular-in-2019/) and the **property development finance**, one can easily get the required help and convert their project to a hugely successful one. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** fast bridging loans, London Bridging Finance, non status bridging loans, property development finance london --- ### [SOUTH BANK – 928 APARTMENTS Project construction going to start soon](https://www.hankzarihs.com/commercial-loans-south-bank/) **Published:** May 11, 2019 **Author:** Shiraz Khan **Content:** **Commercial Loans News**:-The project SOUTH BANK – 928 APARTMENTS is going to start with its construction soon at the 123 – 125 Hunslet Road, Hunslet, Leeds, and West Yorkshire, LS10 1LD. The council of Leeds will be undergoing the construction for this project. The project is scheduled to start with its construction by January of 2020. The total floor area for the project sums up to 750 sq. m. [![Property Development Loans](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) The total site area is 2.42 Ha. There are a total of 5 structures that are going to be constructed. Total numbers of units that are going to be provided are 928. A total of 20 Storeys are going to be constructed. Among the total units provided, there will be 277 one bedroom houses, 431 two bed houses and 220 three bed houses that are going to be provided. The total [**construction finance**](https://www.hankzarihs.com/construction-loans/) value of this project is £210m. ## **The companies and contacts involved in this project** The clients are Knight Knox International and The Guinness Partnership. The architect is DK Architects with Mr Andy Aitken, Architect as the contact. The planner is Turley Associates with Mr Matthew Sheppard, Director as the contact. The landscape architect is Planit IE. The Mech. & Elec. The engineer is Hydrock with Mr Adam Williams, Engineer and Mr Richard McWilliam, Engineer as the contacts. The sustainability consultant is Turley. Hydrock is also the transport consultant with Mr Chris Rushton, Transport consultant as the contact. The flood risk assessment consultant and the Acoustic consultant is Hydrock Consultants Limited. The project manager is X1 Developments with Ms Charlie Tombs, Project Manager as the contact. ### **Commercial Loans – How can HZA help?** With the advice and help of [Property development finance](https://www.hankzarihs.com/development-finance/) broker [**Hank Zarihs Associates**](https://www.hankzarihs.com/news/), one can easily get **fast bridging loans** and [**commercial bridge loans**](https://www.hankzarihs.com/commercial-bridging-loans/) in a hassle-free manner and in a very short amount of time. Thus, this can be hugely beneficial for such projects. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** commercial bridge loans, Construction Finance london, fast bridging loans, refurbishment loans london --- ### [Builders call for VAT cuts to bolster construction activity](https://www.hankzarihs.com/refurbishment-finance-builders-vat-cuts/) **Published:** May 10, 2019 **Author:** Shiraz Khan **Content:** **Refurbishment Finance News:-** Construction output increased by 1 per cent in the first three months of this year driven by repair and maintenance work, which rose by 2.9 per cent, Official National Statistics **[data](http://www.ons.gov.uk/businessindustryandtrade/constructionindustry/bulletins/constructionoutputingreatbritain/march2019)** reveals. Growth in private housing repair and maintenance and non-housing repair and maintenance, which increased by 4 per cent and 3.5 per cent respectively, boosted the quarterly figures. [![Property Development Loans](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) The start of 2019 bounced back, specifically in January, which recorded a month-on-month growth of 3.3 per cent and contributed significantly to the first quarter growth. However, construction output in March decreased by 1.9 per cent compared with February driven by falls in new work and repair and maintenance, which dropped by 1.8 per cent and 2.2 per cent respectively. The Federation of Master Builders, FMB, said the latest statistics supported its call for the Government to cut home improvements VAT from 20 to 5 per cent. FMB chief executive, Brian Berry, said: “To get us through these turbulent times, the Government must be bold in its thinking when it comes to supporting the economy bucking any downward turn. “A cut in VAT would help stimulate demand from homeowners resulting in more work for the thousands of small to medium-sized construction companies which would help support local economies and increase training opportunities. This is all the more important given that the FMB’s own state of trade survey for Q1 2019 saw the first dip in workloads for small builders in six years.” The FMB pointed out construction output in March had dropped by 1.9 per cent on the previous month with repair and maintenance reducing by 3.1 per cent. He added: “Cutting VAT would also be an important step to help encourage more retrofits of our existing buildings to make them more energy efficient and deliver a cut in carbon emissions.” Finance brokers **[Hank Zarihs Associates](https://www.hankzarihs.com/news/)** agreed this type of work was an important aspect of builders’ business and that a cut in VAT would encourage more SMEs to take out development and [**refurbishment finance**](https://blog.businesscasestudies.co.uk/4080/are-bridging-loans-truly-becoming-more-popular-in-2019/). New work experienced no growth across the quarter, as increases in infrastructure and public other new work of 5.6 per cent and 3.3 per cent respectively were offset by decreases in private commercial and housing new work of 4.7 per cent and 1.2 per cent respectively. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Construction Finance london, online equity fund, Online Refurbishment Finance, refurbishment loans london --- ### [Project WOODCROFT FARM PHASE 2 is being prepared to start with its construction](https://www.hankzarihs.com/bridging-loans-woodcroft-farm/) **Published:** May 10, 2019 **Author:** Shiraz Khan **Content:** **Bridging Loans News:-** The construction of the WOODCROFT FARM – 128 HOUSES, PHASE 2 is due to start later at the address Woodcroft Farm Development Site, Woodcroft Lane, Waterlooville, Portsmouth, Hampshire, PO8 9QA. The council of Havant will be looking after the construction of this particular project. [![Property Development Loans](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) The project is scheduled to start by the late October of 2021. The total site area of the project is 10.5 Ha and the total number of units provided in the project equals 128. The total value that will be required for the construction of this project is estimated at £13.3. ## **The companies that are involved in this project** The main client for this project is Grainger Plc with Mr Chris Fletcher, Project Manager and Mr Paul McGowan, Development manager as the main contacts. The architect for this project is Omega Partnership Limited with Mr Tom Jones, Architect as the main contact. The planner for this project is Savills with Mr James Brewer being the main contact. The agent is also Savills for this project. The landscape architect for this project is Allen Pyke Associates Limited with Ms Catherine Ritson, Project Landscape Architects as the main contact. The Mech. & Elec. Engineer for this project is WSP Group Plc. The sustainability consultant for this project is Richard Hodkinson Consultancy. ### **Bridging Loans – How can HZA help?** The construction projects which are similar to these projects are on the rise in different places. The number is increasing at a rapid rate. As a result, the property developers and the investors in property are quite in a dilemma. With the expert consultation and the advice of the [**Property development finance**](https://www.hankzarihs.com/our-finance/) broker Hank Zarihs Associates, one can easily come up to the solution of all related problems. Their **non-status bridging loans** and the [**short term bridging loans**](https://blog.businesscasestudies.co.uk/4080/are-bridging-loans-truly-becoming-more-popular-in-2019/) are easily available and can play a major role in determining the success of these types of projects. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Bridge Finance Loans, Development Finance London, fast non status bridging loans, short term bridging loans --- ### [Fewer houses on the market to buy, says RICS](https://www.hankzarihs.com/development-finance-rics-houses-market/) **Published:** May 9, 2019 **Author:** Shiraz Khan **Content:** **Development Finance News:-**New instructions have continued to drop with the poorest reading since June 2016, according to the Royal Institution of Chartered Surveyors’, RICS, **residential study** for April. The professional body attributes the slump to Brexit uncertainty and points out the national house price net balance was unchanged in April at minus 23 per cent. This contrasts with the Halifax house price index released earlier this week showing a 5 per cent rise in the value of property sales. [![Property Development Loans](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) RICS said London, the South East and the South West were regions where prices were under pressure. But pointed out that Scotland and Northern Ireland had bucked the trend with prices increasing. RICS chief economist **Simon Rubinsohn,** said respondents were unconvinced that housing activity would pick up soon. “Significantly, the key RICS buyer enquiries indicator remains subdued and sales expectations looking a year out are only modestly positive. Although the new build is generally performing more strongly than the existing market, the challenging narrative around housing is likely to have some impact on the delivery pipeline making it harder to meet the ambitions for supply the government has set itself.” RICS said sellers were more realistic over prices with nearly two-thirds of respondents reporting parity on asking and selling prices – up from 57 per cent of survey participants back in October 2018. ## **Near future looks more positive** “Looking ahead, near term sales expectations remain negative, and, expectations still point to a flat or declining sales trend across all parts of the UK in the coming three months. Further out, however, a headline net balance of +13 per cent of contributors anticipate sales will begin to pick up to some extent over the next 12 months,” said Rubinsohn. ### Development Finance -HZA Finance brokers **Hank Zarihs Associates** said developer activity in terms of sourcing construction loans, fast bridging finance and **property development funding** for new builds was strong. Chief executive, Shiraz Khan, said builders were doing their utmost to try and hit the Government’s ambitious targets of delivering 300,000 homes a year by the mid-2020s The professional body said tenant demand continued to climb slowly while landlord instructions dwindled, extending a run of successive quarterly declines dating to the middle of 2016. It said this was already the longest uninterrupted sequence of falling landlord instructions since the series started in 1998. Contributors said the upcoming lettings fee ban and the proposed scrapping of section 21, making it harder to evict tenants, could lead to more landlords exiting the market. It projected rents to rise by around 2 per cent at the national level over the coming 12 months, with growth seen accelerating to average 3 per cent per annum over the next five years. The survey polls more than 400 estate agents at 700 branches in England and Wales with the net balance representing the proportion of respondents who report a rise versus a fall. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** House Bridging Finance, house price predictions 2018 uk, property development funding, refurbishment loans london --- ### [ALBERT ROAD & SOUTHWALL ROAD Project Construction is due to start soon](https://www.hankzarihs.com/albert-road-refurbishment-loans/) **Published:** May 9, 2019 **Author:** Shiraz Khan **Content:** **Refurbishment Loans News:-** ALBERT ROAD & SOUTHWALL ROAD, DEAL – MIXED DEVELOPMENT is due to start with its construction process soon at the address The West Side of Albert Road, Deal, and Kent, CT14 9RB. The council of Dover will be looking after the construction of this particular project. The total floor area that will be required for this particular project sums up to 1616 sq. m. [![Property Development Loans](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) The total site area of the project is 4.7 ha. The total numbers of units that are going to be provided are 142. There will be a total of 88 three bed houses which are going to be available. The total value that will be required for the construction of this project is estimated at £16.5m. ## **The companies and contacts that are involved in this project** The main client for this project is Quinn Estates with Ms Vicky Swift, Development Manager as the main contact. The client for this project is Midvalley Homes Limited. The architect is Clague Architects with Mr Karl Elliot, Partner and Mr Tim Wolfe-Murray, Architect as the main contacts. The landscape architect is Aspect Landscape Planning with Mr James Morton, Landscape Architect as the contact. The structural engineer is Herrington Consulting Limited. Herrington Consulting Limited is also the civil engineer for this particular project with Mr Simon Maiden-Brookes, Director and Mr Stephen Hayward, Engineer as the main contact. ### **[Refurbishment Loans](https://www.hankzarihs.com/refurbishment-finance/) – How can HZA help?** With more and more construction projects that are going on or are going to be started in the near future, developers and investors may often need help and support with a lot of things. This help can be achieved from Property development finance broker [**Hank Zarihs Associates**](https://www.hankzarihs.com/our-finance/) in the form of **fast bridging finance, instant construction loans** and [**refurbishment loans**](https://www.totalbusinessmagazine.com/2019/01/how-is-the-property-market-looking-as-we-move-into-2019/) which are completely hassle-free. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Commercial Refurbishment Loans, fast bridging finance, online equity fund, Online property market --- ### [House lettings in prime London spots reach record levels](https://www.hankzarihs.com/construction-loans-prime-london-spots/) **Published:** May 7, 2019 **Author:** Shiraz Khan **Content:** **Construction Loans News**:-The number of lettings and interest in prime central and outer London residential properties reached record levels for the first quarter of this year, according to **[Knight Frank](http://www.knightfrank.co.uk/research/prime-london-rental-index-august-2018-5796.aspx)** figures. Tenancies agreed for homes rented out at more than £5,000 per week both in prime central and outer London spots, such as Chelsea and Hampstead, hit a record 31. This was the highest level experienced for the first quarter of the year since Knight Frank started its research in 1976. [![Property Development Loans](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) London residential research head, Tom Bill, said: “Brexit-related uncertainty early this year has also boosted rental demand. As with the top-end sales market, the high-value lettings market has also experienced an increase in activity, credited to the backdrop of political uncertainty.” Prime central lettings saw a year-on-year positive change of 0.6 per cent and a marginal decrease of 0.2 per cent in the previous quarter. Prime outer London lettings saw a year-on-year increase of 0.4 per cent and a 0.2 per cent increase in the previous quarter. The report analysed the performance of single-unit rental properties in the second-hand prime central and prime outer London markets between £250 and more than £5,000 a week. ## **Sales for prime office space in London strong** **[Knight Frank](http://www.knightfrank.co.uk/research/prime-london-sales-index-march-2018-5389.aspx)** was equally upbeat about sales saying exchanges rose by 6 per cent between January and April compared with last year. The number of deals worth more than £20 million was 38 for last year – the highest in four years. Knight Frank added the number of offers made in prime central London was the highest in the last ten years. However, prices for the 12 months to April 2019 decreased with properties valued at £1 to £2m selling for nearly 5 per cent less than previously. This was less marked for properties worth more than £10m with decreases in the sale value of 2.5 per cent. Knight Frank said the London economy continued to prove resilient despite the political backdrop of Brexit. “In addition to record levels of employment and strong office take-up numbers, the pipeline of companies looking for office space in central London has grown notably over the last 12 months,” said Bill. ## Construction Loans – HZA Finance brokers **[Hank Zarihs Associates](https://www.hankzarihs.com/news/)** agreed saying the market for developments in central London whether commercial or residential was healthy. The company added these put developers in a good position to source competitive [**fast bridging loans**](https://www.feedsfloor.com/real-estate/bridge-loans-good-option-raise-money-short-term-period) and [**construction loans**](https://www.hankzarihs.com/our-finance/). Prime central London covers Aldgate and the City, Belgravia, Chelsea, Hyde Park, Islington, Kensington, Knightsbridge, Marylebone, Mayfair, Notting Hill, Riverside, South Kensington, St John’s Wood, Tower Bridge and Victoria. Prime outer London comprises Barnes, Battersea, Belsize Park, Canary Wharf, Chiswick, Clapham, Dulwich, Fulham, Hampstead, Queen’s Park, Richmond, Wandsworth, Wapping and Wimbledon. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** bridging finance loans in london, Construction Development Loan, fast bridging loans, House price in London --- ### [Construction of BUILDING 260 & 270, PROJECT is going to start soon](https://www.hankzarihs.com/property-development-loans-building-260/) **Published:** May 6, 2019 **Author:** Shiraz Khan **Content:** **Property Development Loans:-** The BUILDING 260 & 270, BARTLEY WOOD BUSINESS PARK – 122 FLATS will start with its construction very soon at Building 260 & 270, Bartley Wood Business Park, Bartley Way, Hook, and Hampshire, RG27 9UP. The council of Hart are going to overview the construction for this particular project. Among the materials used, the services will include Personnel Movement and the passenger lifts. [![Property Development Loans](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) The construction for this project is expected to start by the third quarter of 2019. There will be only 1 structure built in total. In that structure, there will be 3 storeys accommodated. Among the total 3 storeys, there will be a total of 122 that are going to be accommodated which are going to be offered to the customers. The total **construction finance** value for this particular project is estimated at £5.4m. ## **The companies and contacts that are involved in this project** The main client for this project is Seven Capital at 112 Colmore Row, Birmingham, West Midlands, B3 3AG and the main contact is Mr Graeme Canning. The architect is Building Design Group at 1st Floor Suite, Bitterscote House, Bonehill Road, Tamworth, and Staffordshire, B78 3HQ with Mr Ian Harding, Director and Mr Mark Heaven, Land Acquisitions Assistant as the main contacts. The planner is White Young Green at 564 Hagley Road, Edgbaston, Birmingham, West Midlands, B16 8PE with Mr Gerald Sweeney, Planner as the contact. The transport consultant is IPRT Group at 37 Swanton Close, Newcastle Upon Tyne, Tyne And Wear, NE5 4SL with Dr Amer Waheed, Transport Consultant as the main contact. ### **Property Development Loans – How can HZA help?** With the help and the advice of the property development finance brokers[ **Hank Zarihs Associates**](https://www.hankzarihs.com/news/), one can easily get **property development loans** and [**fast bridging loans** ](https://www.hankzarihs.com/contact-us/)without any hassle for such construction projects and make them successful. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Bridging Finance London, fast bridging loans, property development loans, refurbishment loans london --- ### [MAYFIELD ROAD – 158 STUDENT FLATS are going to start with their construction soon](https://www.hankzarihs.com/bridging-loans-mayfield-road/) **Published:** May 4, 2019 **Author:** Shiraz Khan **Content:** **Bridging Loans News:-** The construction of MAYFIELD ROAD – 158 STUDENT FLATS is going to start with their construction soon at 234 Mayfield Road, 14 & 15 Braefoot Terrace, Edinburgh, and Lothian, EH9 3BE. The council of Edinburgh will be looking after the construction of this particular project. The total site area for this project is allotted at 1440 sqm. ![4 Banner 2](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions") There will be only 1 structure that is going to be built. In that structure, a total of 158 units are going to be accommodated. The total number of storeys that are going to be present in that structure is 5. The total [**finance value**](https://www.finance-monthly.com/2018/11/development-finance-is-the-biggest-hitch-for-building-boom/) that will be required for the construction of this particular project stands at an estimate of £11.8m. ## **The companies and contacts that are involved in this project** The main client for this project is 83S Limited. The address is 3 Melville Crescent, Edinburgh, Lothian, EH3 7HW. Mr Steven Jones is the main contact here. The main architect is Kenneth Reid Associates. The address is 39 Braid Farm Road, Edinburgh, Lothian, EH10 6LE. Mr Kenneth Reid, Director is the main contact here. The structural engineer is Bayne Stevenson Associates Limited and the address is 19 South castle Drive, Carnegie Campus, Dunfermline, Fife, KY11 8PD. Mr Andrew Turtle, Engineer, Mr Craig Stevenson, Director, Mr Karl Kindred, Engineer and Mr Ken Guthrie, Associate Director are the main contacts here. The civil engineer for this project is also Bayne Stevenson Associates Limited. ### **Bridging Loans – How can HZA help?** As for similar types of such construction projects, the property development finance brokers Hank Zarihs Associates are open for giving expert advice and providing support regarding the [**short term bridging loans**](http://www.fxstat.com/en/user/profile/FirespinFinance-83026/blog/29856826-What-is-the-current-property-market-like-and-is-there-any-booms?). These loans can be availed without any complex procedures and thus, the developers can get the help much easier. Their advice on [**property development finance**](https://www.hankzarihs.com/commercial-finance/) is also instrumental in making these projects successful. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** best bridging finance, Online construction loans, property development finance london, short term bridging loans --- ### [Planning for the construction of ST. JAMES COURT Project is going on](https://www.hankzarihs.com/bridging-finance-james-court/) **Published:** July 8, 2019 **Author:** Shiraz Khan **Content:** **Bridging Finance News**:- The project ST. JAMES COURT, LIVERPOOL – 217 APARTMENTS & COMMERCIAL UNIT is being planned to be constructed at Greenland Street to the South, New Bird Street to the North, St James Court to the East, St James Street, Liverpool, Merseyside, L1 0AR. The council of Liverpool will be looking over this particular project. The total site area stands at 1983 sq m and there will be a total of 3 structures built on it. [![Fast Bridging Loans](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) There will be 217 units provided in total, and they will be distributed among the 12 storeys that are going to be built. The net retail floor space equals to 619 sq m and there will be 37 additional spaces allotted for parking purposes. There will be 103 one bed houses provided along with 94 two bed houses. The total [**finance**](https://www.hankzarihs.com/our-finance/) value of this project is estimated at £16.2m. ## **The companies and the contacts involved** The main client for this project is Citipads Developments with Mr. Carl Russell as the contact. The architect is Falconer Chester Hall Architects with Mr. Adam Hall as the contact. The planner is Zerum Consult Limited with Mr. Matthew Dixon and Mr. Mike Ralph as the contacts. The landscape architect is DEP Landscape Architecture with Mr. Max Aughton as the contact. The structural engineer is Clancy Consulting with Mr. Mike Dean as the contact. The civil engineer is also Clancy Consulting. The transport consultant is Vectos Highway Infrastructure with Mr. Adam Smith and Mr. James Whitton as the contacts. The acoustic consultant is Acoustic & Engineering Consultants Limited with Mr. Paul Knowles as the contact. ### **Bridging Finance – How can HZA help?** Finance brokers, [**Hank Zarihs Associates**](https://www.hankzarihs.com/news/), offer expert advice about the best construction loans, **non-status bridging loans** and [**refurbishment finance**](https://london.storeboard.com/blogs/money-tips/learn-the-importance-of-a-specialised-finance-broker-in-getting-development-finance/922376) available. They offer a hassle free one-stop service and a quick turnaround for securing tailor-made funding. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** bridging finance broker, commercial bridgning loan UK, Construction Finance london, Development Loan Uk --- ### [Construction of TOTTENHAM HALE SITE Project has started](https://www.hankzarihs.com/development-finance-tottenham-hale/) **Published:** July 6, 2019 **Author:** Shiraz Khan **Content:** **Development Finance News:**-The project TOTTENHAM HALE SITE, ASHLEY ROAD WEST – MIXED DEVELOPMENT has already started with its construction at Strategic Development Partnership Sites, Welbourne, North Island, Ferry Island, Ashley Road East & Ashley Road West, Stat, Tottenham, London, N17 9JL. The council of Haringey is looking over the construction for this particular project. [![Fast Bridging Loans](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) The project has started with its construction at 30th April, 2019 and is supposed to finish by the 30th September, 2019, thus the construction lasting over a period of 17 months. The total floor area is 522 sq. m and there will be a total of 2 structures built which are going to accommodate 98 units distributed among 15 storeys. There will be 26 one bed houses provided, along with 62 two bed houses and 10 three bed houses. The total **construction finance** value of this project is estimated at £8.3m. ## **The companies and contacts involved** The main client is Argent Group with Mr. Jake Whitewood as the contact. The architect is Allford Hall Monaghan Morris. Another architect for this project is Pollard Thomas & Edwards Architects with Ms Dominique Oliver as the contact. The planner is Quod Planning Limited with Mr. Matthew Sherwood as the contact. The Landscape architect is Adams & Sutherland with Mr. Graeme Sutherland as the contact. Another landscape architect for this project is Grant Associates. The quantity surveyor is Gardiner & Theobald Limited Head Office. The structural engineer is Whitby Wood with Mr. Scott Lewis as the contact. The civil engineer is Buro Happold. Whitby Wood is also the flood risk assessment consultant. The bidders are Galliford Try Construction Head Office, Kier Property Developments, United Living (South) Limited and Midgard Limited. ### **Development Finance – How can HZA help?** Finance brokers, **Hank Zarihs Associates**, offer expert advice about the best bridging loans, **second charge bridging loans** and refurbishment finance available. They offer a hassle free one-stop service and a quick turnaround for securing tailor-made funding. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** best bridging loans, Development Loan Uk, fast refurbishment finance, second charge bridging loans --- ### [New build starts in England down by 9 per cent](https://www.hankzarihs.com/commercial-loans-england/) **Published:** July 5, 2019 **Author:** Shiraz Khan **Content:** **Commercial Loans News**:- The number of new build homes fell for the first quarter of 2019, although completions were up on a year ago, according to government figures. The **[House building; new build dwellings, England: March Quarter 2019](https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/814487/House_Building_Release_March_2019.pdf)** figures estimate 36,630 homes were built in the quarter to March 2019. This was a 9 per cent drop on the three months to December 2018 and a 9 per cent decrease on the same period for the previous year. [![4 Banner](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner.gif "4-Banner - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) Starts were down 7 per cent in the private enterprise tenure and decreased by 8 per cent for housing associations. Completions were estimated at 42,870 – a 14 per cent increase on the same quarter a year ago, but 1 per cent down on the previous quarter. There was no change in the private tenure, while there was a 5 per cent decrease in completions in the housing association tenure from last quarter. ## **Annual figures buck quarterly results** There were 162,270 new builds started in the year to March 2019, a 1 per cent increase compared to the year to March 2018. Both private enterprise and housing association starts were up by 1 per cent compared with the previous year. A total of 169,770 new builds were completed in the year to March 2019, an increase of 6 per cent compared to the year to March 2018. Private enterprise new build completions were 6 per cent higher than in the previous year, and completions by housing associations increased by 3 per cent on an annual basis. ### Commercial Loans:- HZA Brokers **[Hank Zarihs Associates](http://www.hankzarihs.com)** said while the quarterly figures for new builds were down annually they were up which was positive. The brokerage said the current level of development finance lenders offering **construction loans** and [**fast commercial bridging loans**](https://www.hankzarihs.com/circle-square-commercial-finance/) was still high. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Bridging Finance Uk, construction loans london, Development Finance Lenders, Fast Commercial Bridging Loans --- ### [Northern Ireland shows 5.2 per cent house price rise for June](https://www.hankzarihs.com/development-lenders-ireland/) **Published:** July 2, 2019 **Author:** Shiraz Khan **Content:** **Development Lenders News**:- UK house price growth for June remained modest with a year-on-year rise of 0.5 per cent bringing the average price of a home to £216,515. The Nationwide’s **house price index** showed a 0.1 per cent month-on-month rise for June with increases in England subdued largely due to poor performance in the South East. [![Property Development Loans](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) Nationwide’s chief economist, Robert Gardner, said this was the seventh consecutive month where house price growth remained below 1 per cent. “Survey data suggests new buyer enquiries and consumer confidence have remained subdued in recent months. Nevertheless, indicators of housing market activity, such as the number of mortgages approved for house purchase, have remained broadly stable.” He said the housing market was likely to continue mirroring developments in the broader economy. “While healthy labour market conditions and low borrowing costs will provide underlying support, uncertainty is likely to continue to act as a drag on sentiment and activity, with price growth and transaction levels remaining close to current levels over the coming months.” ## **The South still returning price falls** London’s outer metropolitan area showed an annual decline in the second quarter, April to June, of 1.8 per cent with a 1.6 percent drop in prices in the outer South East. The best performing region was Yorkshire and Humberside with a 3 per cent year-on-year rise for the period from April to June. Northern Ireland was the strongest performing nation for the second quarter, with annual price growth rising to 5.2 per cent, from 3.3 per cent in the previous quarter. Wales also saw a pick up to 4.2 per cent, from 0.9 per cent in the first quarter. Economic forecasters the EY ITEM Club predict house prices will rise by around 1 per cent over the year due to lack of properties on the market and low interest rates. Chief economic advisor, Howard Archer, said: “Should the UK leave the EU with a deal at the end of October, we believe reduced uncertainty and modestly improved economic activity could see house prices rise by around 2 per cent over 2020.” But he predicted an immediate 5 per cent drop in values should the UK leave the EU on October 31st without a deal. ### Development Lenders – HZA Brokers **Hank Zarihs Associates** said the current stable market was positive for property development lenders who are still keen to offer construction loans at good rates. The purchasing managers **[index](https://www.markiteconomics.com/Public/Home/PressRelease/92a5c843504548d8ac454df07bdd97ee?s=1)** for construction activity in June saw a sharp fall to 43.1, compared to 50.5 in April, and well below the 50 no-change mark. House building fell for the first time with construction companies blaming weak demand and concerns about residential sales. Tim Moore, associate director for IHS Markit, which compiles the index, said: “Greater risk aversion has now spread to the residential building sub-sector, as concerns about the near-term demand outlook contributed to a reduction in housing activity for the first time in 17 months.” ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects, Uncategorized **Tags:** bridging finance broker, construction loans london, houses prices in UK, UK Property Market --- ### [Foxley Lane Construction Approved](https://www.hankzarihs.com/property-development-foxley/) **Published:** July 2, 2019 **Author:** Shiraz Khan **Content:** The project 1 – 9 FOXLEY LANE – 44 FLATS has been approved for construction and the construction is to happen at 1 – 9 Foxley Lane, Purley, Surrey, CR8 3EF. The council of Croydon will be looking after the construction of this particular project. The total site area equals to 1600 sq m and there will be only 1 structure that is going to be constructed on it. There will be a total of 49 units that are going to be provided for usage. [![4 Banner](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner.gif "4-Banner - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) Additionally, there will be 2 spaces allotted for parking purposes as well. Out of the total of 49 units that are going to be built, there will be 8 one bed houses provided, 36 two bed houses provided and the remaining 5 units will consist of three bed houses. The total [development finance](https://www.hankzarihs.com/development-finance/) value that will be required for the completion of this project is estimated at £3.6 m. ## **The companies and the contacts involved** The main client for this project is Aitch Group. The architect is Iceni Projects Limited with Miss Lucy Howes as the contact. The agent is Turner Morum LLP. The Landscape Architect is Nigel Cowlin with Mr. Nigel Cowlin and Mr. Oliver McKay listed as the contacts. Turner Morum LLP is also the quantity surveyor for this particular project. The Mech. & Elec. Engineer is Chris Evans Consulting with Mr. Harry Fallows as the contact. The structural engineer and the flood risk assessment consultant is Ardent Consulting Engineers Third Floor. They are also the civil engineer with Mr. David Howson as the contact. JAW Sustainability is the energy consultant as well as the sustainability consultant with Ms Jess James as the contact for latter. ### **Property Development – How can HZA help?** [Finance brokers, Hank Zarihs Associates](https://www.hankzarihs.com/), offer expert advice about the best [non-status bridging loans](https://www.hankzarihs.com/fast-non-status-bridging-loans/), property development and refurbishment finance available. They offer a hassle free one-stop service and a quick turnaround for securing tailor-made funding. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects, Uncategorized **Tags:** construction loans london, Development Loan Uk, property development finance, UK housing market --- ### [Residents to get redress over shoddy building](https://www.hankzarihs.com/construction-loans-shoddy-building/) **Published:** June 28, 2019 **Author:** Shiraz Khan **Content:** **Construction Loans News**:- **[Consultation](http://www.gov.uk/government/consultations/redress-for-purchasers-of-new-build-homes-and-the-new-homes-ombudsman)** on new homes ombudsman who would have the power to demand builders pay compensation for defective properties has been launched. The housing secretary, James Brokenshire, announced the new proposals at the Chartered Institute of Housing’s conference this week. [![4 Banner](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner.gif "4-Banner - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) “We are exploring the options to appoint a new homes ombudsman in shadow form – someone to work closely with industry, consumer groups and government to ensure improvements and standards are delivered quickly and help shape the future scheme,” he said. The House Builders Federation welcomed the move pointing out they have been working on an industry code of practice to drive up quality and increase consumer protection. Communications director, Steve Turner, said the trade body was “fully committed to working with the government” to improve standards. “The sector had also been working with stakeholders on developing the legal framework for a new wholly independent code body , funded by industry, with responsibility for the implementation and future development of the code , who will also be responsible for engaging the services of an ombudsman body to provide the dispute resolution provision in cases where necessary.” Mr. Brokenshire said builders who wanted to be part of the revised help-to-buy scheme would be bound by the quality standards and rights of redress envisaged in the new homes ombudsman initiative. He added that new measures to stop developers from selling leasehold houses under the scheme, due to finish in 2023, would be introduced. ## **New garden communities to be created** He also said an extra 19 garden villages will be created across the country, with the potential to deliver 73,554 homes. The government is providing £2.85mto support the development of plans for housing from County Durham in the North to Truro in the South West. Each of the projects will be given £150,000 to progress planning applications and specialist reports needed before homes are built. ### **The green paper sets out to enhance planning service** Brokenshire also spoke about an accelerated planning green paper aimed at speeding up the process. “It will look at how greater capacity and capability within local planning authorities, stronger plan-making, better performance management, and procedural improvements can accelerate the end-to-end planning process for all.” He added the government was looking at how local councils could access additional ways of recovering costs to the current fee income system. “If such reforms were then introduced, local authorities would be expected to invest the additional revenue in their planning services and demonstrate measurable improvements within their performance – not just in terms of speed but very firmly also in terms of quality,” said Brokenshire. #### Construction Loans by HZA Finance brokers Hank Zarihs Associates said property development lenders would a more efficient planning service enabling them to grant construction loans and development finance quicker. England’s planning process came under fire earlier in the week with the Public Accounts Committee’s published its **[Planning and the broken housing market](https://publications.parliament.uk/pa/cm201719/cmselect/cmpubacc/1744/1744.pdf)** report. The committee highlighted the fact that less than half of local councils have an up-to-date local plan. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** construction loans, instant construction loans, london property market, non status loans uk, property development lenders --- ### [Planning of the IMPERIAL STREET, BROMLEY–Project is currently going on](https://www.hankzarihs.com/bridging-loan-imperial-street/) **Published:** June 27, 2019 **Author:** Shiraz Khan **Content:** **Bridging Loan News**:-The project IMPERIAL 1 – 407 APARTMENTS & RETAIL SPACE is being carried ahead with its planning at Imperial Street, Bromley by Bow, Bow, and London, E3 3ED. The council of London Legacy will be undergoing supervision for the construction of this particular project. The project is supposed to start by the third quarter of 2020 and will last a period of 48 months, and is scheduled to end with its work by the third quarter of 2024. [![4 Banner](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner.gif "4-Banner - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) The total floor area is 613 sq. m and the total site area equal to 1.3 Ha. There will be a total of 5 structures built, which will comprise of 14 storeys having 407 units accommodated in them. There will be an underground storey as well. Additionally, there will be 20 spaces allotted for parking. The total value of this project is estimated at £39.5m. ## **The companies and the contacts involved** The main client is The Guinness Partnership Limited. The architect is BPTW Partnership with Mr. Peter Sofoluke as the contact. Another architect is Pitman Tozer Architects. The planner is Simply Planning Limited. The landscape architect is East Architecture Landscape & Urban Design with Ms. Cecile Solnon as the contact. The quantity surveyor is Abode Partnership Llp. The Mech. & Elec. Engineer, sustainability consultant, and energy consultant is Envision Eco. The structural engineer is Tully De’Ath Consultants Head Office. They are also the civil engineer with Mr. Andrew Picton as the contact. The project manager is Danecroft Properties Limited (RLP Crawley LLP) with Mr. Dominic Fryer as the contact. ### **Bridging Loan – How can HZA help?** Finance brokers, [**Hank Zarihs Associates**](https://www.hankzarihs.com/our-finance/), offer expert advice about the best construction loans, bridging finance and [**commercial finance**](http://www.fxstat.com/en/user/profile/FirespinFinance-83026/blog/29856826-What-is-the-current-property-market-like-and-is-there-any-booms?) available. They offer a -free one-stop service and a quick turnaround for securing tailor-made funding. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Bridge Finance Uk, Bridging Loan london, Commercial finance, instant construction loans --- ### [PM calls for rules to raise the standards of new homes design](https://www.hankzarihs.com/property-finance-pm-rules/) **Published:** June 26, 2019 **Author:** Shiraz Khan **Content:** **Property Finance News**:-Prime minister, Theresa May, has said she would like to see new regulations to improve housing standards. She told delegates at the Chartered Institute of Housing Conference this week that the quality of housing must not be compromised by the drive to build more homes. [![Property Development Loans](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) “I cannot defend a system in which owners and tenants are forced to accept tiny homes with inadequate storage, where developers feel the need to fill show homes with deceptively small furniture, and where the lack of universal standards encourages a race to the bottom.” Ms May called for new regulations to mandate developers to build higher-quality housing. She said some local authorities make nationally described space standards a condition of granting planning permission. But added that many did not and that even when standards were applied they were not mandatory. The prime minister said this resulted in an uneven playing field, with different rules in different parts of the country, leaving “tenants and buyers facing a postcode lottery”. The government wants universal mandatory regulations providing clear national standards which it believes would lead to increased house building. ## Property Finance by HZA Brokers **[Hank Zarihs Associates](https://www.hankzarihs.com/news/)** said this would be a good move and something both [**property development lenders**](https://activerain.com/blogsview/5280521/the-growing-property-trends-in-the-uk) and SME house builders would welcome. Ms May’s comments coincide with the publication of a damming cross -party parliamentary report **[Planning and the broken housing market](https://publications.parliament.uk/pa/cm201719/cmselect/cmpubacc/1744/1744.pdf)**. The Public Accounts Committee report claims the government’s 300,000 new homes a year goal by the mid 2020s is astray because of planning delays. It points out that less than half of UK councils have an up-to-date local plan. Committee chair, Meg Hillier, said: “Progress against the government’s annual new house building target is way off-track and currently shows scant chance of being achieved.” She said the 300,000 a year new build target was highly ambitious and at a level not seen since the Second World War. “There’s no clear rationale for this figure and the ministry themselves says only 265,000 new homes a year are needed,” she added. The report points out that local authorities are “struggling” to produce local plans showing where and what types of homes are needed. It highlights that just 42 per cent of councils have an up-to-date plan and criticises the government for failing to take “decisive action”. Federation of Master Builders, FMB, chief executive Brian Berry said his members had not seen any improvement in service since fees were introduced in January last year. “It is completely unacceptable that sites are being stalled because planning departments are not dealing with applications quickly enough.” He added: “By allocating small sites for housing delivery in their local plan, local authorities will be reducing the burden of uncertainty for the nation’s small house builders, and therefore speeding up housing supply through better diversifying the sector.” The committee is calling on the housing ministry to intervene. It has said it should adopt ‘carrot and stick’ measures of support and penalties. It’s also criticises the time the planning inspectorate takes to determine housing appeals. The committee pointed out this has increased from 30 weeks in 2013 to 38 weeks in 2018. It wants detailed action and milestones to be set on improving the inspectorate’s performance. The government has said a million new homes have been built in the last five years. In Manchester, the number of extra homes is up 12 percent, in Nottingham by 43 per cent, and in Birmingham by 80 per cent. The number of affordable housing starts has also increased to nearly 54,000 this year, said the government. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** london property market, property developer finance, property development lenders, UK house prices --- ### [UK house prices revive in April](https://www.hankzarihs.com/development-funding-house-prices/) **Published:** June 20, 2019 **Author:** Shiraz Khan **Content:** **Development Funding News:-** House prices in April revealed a 1.4 per cent year-on-year rise according to the latest **[Land Registry](http://www.gov.uk/government/news/uk-house-price-index-for-april-2019)** figures . The average UK house is now valued at £228,903 with April figures showing a 0.7 per cent increase on March’s data. [![4 Banner](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner.gif "4-Banner - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) First-time buyer house prices revealed a monthly increase of 0.5 per cent and a yearly increase of 0.6 per cent bringing the average value to £205,022. New builds showed a monthly price rise of 3.4 per cent in February with the average value at £309,985. House prices grew fastest in the Wales increasing by 6.7 per cent in the year to April 2019 with the average property value at £163,902. April saw a 2.4 per cent month-on-month rise in prices. ## **London experiences modest growth in April** House prices in London fell by 1.2 per cent over the year to April 2019, up from a fall of 2.5 per cent in March 2019. The only property type to buck the trend were detached houses which saw a 2.2 per cent year-on-year increase with the average property valued at £918,256. London experienced a month-on-month 2.4 per cent increase in April bringing the annual property price to £471,504. The North East saw the biggest increase in prices with a 5 per cent month-on-month rise in April, while the West Midlands experienced the most significant monthly fall of 0.2 per cent. ## Development Funding – HZA Brokers **[Hank Zarihs Associates](https://www.hankzarihs.com)** said the Land Registry figures were a positive sign and added that property development funding was buoyant with competitive construction loans available for the right housing schemes. The **[UK Property Transaction Statistics for April 2019](https://www.gov.uk/government/statistics/monthly-property-transactions-completed-in-the-uk-with-value-40000-or-above)** showed residential transactions with a value of more than £40,000 was 99,420. This was 0.8 per cent higher compared to a year ago but between March 2019 and April 2019, transactions decreased by 0.3 per cent. The East of England had the lowest number of repossession sales in February 2019 at 15 while the North West had the highest number at 130. Throughout England there were a total of 544 repossession sales. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** construction loans london, property development funding, UK house prices, UK Property finance --- ### [Homes England hits nine-year high for new house starts](https://www.hankzarihs.com/development-finance-homes-england/) **Published:** June 19, 2019 **Author:** Shiraz Khan **Content:** **Development Finance News**:-Nearly 46,000 new houses were started on site on schemes managed by [**Homes England**](http://www.gov.uk/government/news/new-housing-statistics-show-increase-in-affordable-homes) last financial year – the highest figure in nine years. The government’s housing accelerator added that 40,289 houses were completed – the highest level in the last four years. [![4 Banner](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner.gif "4-Banner - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) Out of the starts on site 30,563, two thirds, were for affordable homes – a 10 per cent increase on the previous year. These were the highest numbers of affordable home starts for five years. Similarly, 28,710, nearly a quarter, of housing completions in 2018-19 were for affordable homes. Homes England said this represented an 11 per cent increase on 2017-18 figures and the highest numbers for four years. Homes England chief executive, Nick Walkley, said increased delivery of affordable housing was a positive sign at a time when the average house costs around eight times the average income. “However, there is still a huge amount of work to do to make sure this trend continues. We’re just getting started and need the sector to join us in our mission to make sure we continue to deliver homes across the country for the people who need them the most.” ## **More developments built for rent** A total of 17,772 affordable homes started last financial year were for affordable rent – a 4 percent year-on-year rise. More than 11,500 were for schemes including shared ownership and rent to buy – a 24 per cent increase on 2017-18. The remaining 1,231 were for social rent – a 12 per cent decrease on the previous 12 months. Of the affordable homes completed, 18,895 were for affordable rent – representing a 4 per cent decrease on the previous year. However, the 8,854 completed under affordable housing schemes, including shared ownership and rent-to-buy, represented a 75 per cent increase on 2017-18. Brokers **[Hank Zarihs Associates](https://www.hankzarihs.com/news/)** said more partnerships between private property developers and the public sector were essential for hitting the 300,000 new homes a year target by the mid 2020s. The company added that developments in areas of short housing supply were well placed to gain competitive construction loans and [**property development finance**](https://www.houzz.co.uk/ideabooks/35093955/list/how-to-improve-the-saleability-of-your-house-in-the-winter-season). ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Development Finance Brokers, equity funds london, Online construction loans, UK Property Market --- ### [Scotland’s fourth largest city powers ahead with new developments](https://www.hankzarihs.com/development-finance-scotland-city/) **Published:** June 17, 2019 **Author:** Shiraz Khan **Content:** **Development Finance News:-** Dundee is on track to deliver 520 new homes by the end of the financial year, according to the city’s draft housing land audit figures published last week. The city council said it had already delivered 430 new homes last year which was more than double the 201 homes built in 2017-18. [![4 Banner](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner.gif "4-Banner - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) In March the council agreed to meet the strategic housing supply target based on an average of 480 homes a year, including 200 through the affordable housing supply programme. Dundee city council’s development committee convener, Lynne Short, said: “The council has worked with local and national house builders to encourage the delivery of a choice of housing throughout the city and clearly house building creates jobs and prosperity. “Social housing plays an important part in the mix in the city, as well and as part of the council’s strategic housing investment programme, we are continuing to build and let with our partners in the housing associations.” The council’s planning committee convener, Will Dawson, said the city’s recent adoption of its local development plan meant there was a good choice of designated land for high quality housing throughout the city. “One of the key reasons that the planning system is in place is to ensure that the right things are built in the right places to allow the city to thrive.” Dundee’s draft **[housing land audit 2019](http://www.dundeecity.gov.uk/service-area/city-development/planning-and-economic-development/dundee-housing-land-audit)** is currently out for consultation with the council keen to receive comments by July 12th’s deadline. ## **Dundee is a cultural hotspot** In 2015 *GQ* magazine named it the ‘coolest little city’ in Britain with the V&A opening its first branch outside London on Dundee’s waterfront in 2018. Two decades ago the city embarked on a £1bn master plan to regenerate and reconnect the waterfront to the centre which it expects to complete by 2031. Brokers **[Hank Zarihs Associates](https://www.hankzarihs.com/news/)** said Dundee was an attractive place to live and develop finance lenders would be keen to offer [**construction loans**](https://www.hankzarihs.com/refurbishment-finance/) for new housing schemes in the city. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** commercial development finance lenders, construction loans london, Development Loan Uk, London Bridging Finance --- ### [SAINSBURYS STORE, RODEN STREET Project is under planning for construction](https://www.hankzarihs.com/bridging-finance-sainburys-store/) **Published:** June 18, 2019 **Author:** Shiraz Khan **Content:** **Bridging Finance News**:-The planning for the construction of the project SAINSBURYS STORE, 656 FLATS, 27 HOUSES, RODEN STREET is underway and it will happen at 55 Roden Street, Ilford, and Essex, IG1 2AA. The council of Redbridge will be governing the construction of this project. The project is scheduled to start with its construction by the May of 2020 and will be lasting for a period of 48 months, ending roughly by the May of 2024. [![4 Banner](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner.gif "4-Banner - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) The total floor area of the project is 21849 sq. m and the total site area is 2.1 Ha. There will be a total of 2 structures built, which will be providing a total of 683 units. There will be 27 storeys, and they will accommodate 334 one bed houses, 270 two bed houses, 78 three bed houses and 1 four bed house. Additionally, there will be 410 spaces for parking purposes. The total estimated [**development finance**](https://www.hankzarihs.com/circle-square-commercial-finance/) value of this project is estimated at £100m. ## **The companies and contacts involved** The main client is Sainsbury’s Supermarkets ltd. The main architect is Hutchinson & Partners Limited with Mr. Lames Baisley listed as the main contact. The planner is Turley Associates. The quantity surveyor is Henry Riley Consulting with Mr. Chris Donachie listed as the main contact. The Mech. & Elec. Engineer is Hoare Lea with Mr. Brian Graham listed as the main contact. The structural engineer and the civil engineer is Buro Happold. The project manager is Cube Management. ### **Bridging Finance – How can HZA help?** Finance brokers, **Hank Zarihs Associates**, offer expert advice about the best construction loans, **refurbishment finance** and commercial finance available. They offer a hassle-free one-stop service and a quick turnaround for securing tailor-made funding. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** best bridging finance, Bridging Finance Providers, Construction Finance london, Development Loan Uk --- ### [Housing market expected to revive within the year](https://www.hankzarihs.com/uk-house-market-residential/) **Published:** June 13, 2019 **Author:** Shiraz Khan **Content:** **UK House Market News**:- New buyer interest stabilised in May with predictions of house prices rising within the next 12 months, according to the Royal Institution of Chartered Surveyors’ residential **market survey**. Respondents’ said they expected sales to improve within the next year, despite predicting a decline in activity over the next three months. [![4 Banner](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner.gif "4-Banner - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) There was a positive net balance of 22 per cent forecasting a rise in house prices in all parts of the UK except London and the South East. Scotland, the North West and the West Midlands returned the strongest expectations for house price growth over the next 12 months. RICS chief economist, Simon Rubinsohn, said some comfort could be drawn from May’s survey suggesting the market was steadying. “However much of the anecdotal insight provided is still quite cautious, reflecting concerns about both the underlying political and economic climate. “Another significant point made by respondents is that there continues to be considerable emphasis on the need for realistic pricing on the part of vendors, which while not a new story, is indicative of the ongoing challenges.” Nationally, new buyer enquiries were virtually unchanged compared to April – the first time since July last year not to cite a decline in buyer demand. But agreed sales continued to slip for the 10th successive month, with a negative net balance of 13 per cent, although the least negative reading since December. ## **Sales volumes in the North look bright** Wales and the north of England showed an increase in transaction volumes, although the trend was flat elsewhere and negative in both the South East and London. Survey contributors expected strongest sales in the North West followed by the North East. RICS said lack of supply was still an issue with stock on agents’ books hitting a new low in May. New instructions for sale saw the least negative net balance since September, but feedback on current appraisals showed supply was unlikely to pick-up. ### UK House Market – HZA Brokers **Hank Zarihs Associates** said a potential recovery in the number of new buyers was a positive sign. The current shortage of new instructions for sale showed developers were still well placed to gain construction loans and property development finance. The May survey covered 742 surveyor branches with 396 responses. The percentage balance reflects the proportion of respondents who predict either a rise or fall in sales or house prices. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** construction loans london, equity funds london, property development finance, UK House Market --- ### [New licensing scheme to raise building standards](https://www.hankzarihs.com/constructions-loans-building-standards/) **Published:** June 12, 2019 **Author:** Shiraz Khan **Content:** **Constructions Loans News**:-Builders are coming together to create a mandatory licensing scheme to improve quality and professionalism in the sector. A new construction licensing task force, supported by a range of leading industry bodies, will lead the initiative. [![4 Banner](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner.gif "4-Banner - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) Task Force chair Liz Peace, former British Property Federation chief executive, said the scheme would transform Britain’s industry into a world-leading sector. “At the heart of what we’re trying to do is increase protection for the ordinary person who engages with the construction sector. “Licensing has support in principle from more than 30 construction organisations and consumer groups. I am heartened by the fact that the sector is coming together to lead the industry in a new direction.” The moves follows FMB research which found nearly a third, 32 percent, of homeowners are putting off doing major improvements for fear of hiring a dodgy builder. ## **UK economy paying for worries about poor workmanship** The Federation of Master Builders, FMB, has calculated the **UK economy** is missing out on £10bn of construction activity a year because of anxiety over rogue building firms. More than three quarters of consumers, 78 per cent, want to see a licensing scheme. Nearly 90 per cent of home owners believe the government should criminalise rogue and incompetent builders. More than half of people, 55 per cent, who commission home improvements have had a bad experience. FMB chief executive, Brian Berry, said: “It’s unacceptable that more than half of consumers have had a negative experience with their builder. “However, we shouldn’t be surprised by this given that in the UK, it is perfectly legal for anyone to set up a building firm and start selling their services without any prior experience or qualifications. “This cannot be right given the nature of the work and the potential health and safety risks when something goes wrong.” He said in Australia and Germany, building firms were required to have a licence and that the FMB and partners wanted a similar scheme. More than three quarters , 77 per cent, of SME builders support licensing to professionalise the industry, protect consumers and side-line unprofessional and incompetent firms, said the FMB. The Association of Consultancy and Engineering, Chartered Institute of Building and the Construction Products Association are among the 11 organisations sitting on the taskforce. Brokers [**Hank Zarihs Associates**](https://www.hankzarihs.com/our-finance/) said development finance lenders would welcome a rise in building standards. The company added it would make it easier to grant constructions loans and development and [**refurbishment finance**](https://www.hankzarihs.com/refurbishment-finance/) for new projects. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** construction loans london, equity funds london, House prices UK, instant refurbishment finance --- ### [NINE ELMS SQUARE, NEW COVENT GARDEN MARKET –Project is undergoing construction](https://www.hankzarihs.com/development-loans-nine-elms/) **Published:** June 12, 2019 **Author:** Shiraz Khan **Content:** **Development Loans News**:- The construction of the project NINE ELMS SQUARE, NEW COVENT GARDEN MARKET – PHASE 2 is going on at New Covent Garden Market, Nine Elms Lane, South Lambeth, and London, SW8 5NX. The council of Wandsworth is governing over the construction of this particular project. The total area that is required for this project equals to 57376 sq. m and the total site area required equals to 24.57 Ha. There are 54 storeys provided in total. [![4 Banner](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner.gif "4-Banner - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) These are accommodating a total of 2443 units. There are 200 hotel beds provided as well. Additionally, there are 2283 spaces allotted specifically for parking purposes. Sustainable Homes gave a rating of 4 stars to this project. This project also got at a rating of Excellent from BREEAM. For the entire construction and development, the total **finance value** of this project stands at £2b. ## **The companies and contacts involved** The main client for this project is Excel Winner UK Limited. The main architect is Skidmore Owings & Merrill. The agent is Deloitte Real Estate. They also have Mr. Jeremy Castle as the main contact. The Mech. & Elec. Engineer for this project is Hoare Lea. The structural engineer is Skidmore Owings & Merrill. The consulting engineer is AECOM. The civil engineer for this particular project is also AECOM. They have listed Mr. Alex Goulds as the main contact. The transport consultant is Caneparo Associates Head Office. The Employers Agent is R & F Properties Group. ### **Development Loans – How can HZA help?** Finance brokers, **Hank Zarihs Associates**, offer expert advice about the best construction loans, [financing property development](https://www.hankzarihs.com/development-finance/) and refurbishment finance available. They offer hassle-free one-stop service and a quick turnaround for securing tailor-made funding. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Online construction loans, property auction finance, property development finance, refurbishment finance --- ### [£142m infrastructure investment for 8,500 new homes in Woking and Truro](https://www.hankzarihs.com/property-development-truro/) **Published:** June 11, 2019 **Author:** Shiraz Khan **Content:** **Property Development News**:-Woking is to receive £95m and Truro £47m to build roads, widen bridges and connect utilities for new developments. The investment in Woking, Surrey, will pay for widening Victoria Arch Bridge, road improvements and connecting utilities so up to 4,500 homes can be built. Surrey county council is delivering the project which is set to reduce congestion as well as opening up land for housing. Truro will get an extra 4,000 homes as a result of the £47m [**investment**](https://www.hankzarihs.com/our-finance/) in new road links. The money go towards a new northern access road, connecting sites from the A390 in the west to the Royal Cornwall Hospital and the employment hub in the east. Housing minister, Kit Malthouse, said the government was “turning around” the failure of previous administrations to build enough new homes. “We are driving to create homes, opportunities and thriving communities – and this £142m investment will mean we can build more of the properties our country so badly needs. “We need to keep upping our game and build more, better, faster, if we are to meet our ambition to deliver 300,000 homes a year by the mid-2020s.” The funding comes from the government’s £5.5bn housing infrastructure fund so land can be made ready for development. Money is allocated to authorities after a competitive funding allocation process. ## **Ipswich finally gets its luxury riverside flats** Earlier this week Ipswich Wharf Developments announced it had secured a £15m loan from Homes England for its £30m ‘Winerack’ development to build 150 flats in the town. The scheme will also offer 5,000 sq ft of commercial space along Ipswich’s waterfront and a high-tech car stacker parking system. Ipswich Wharf Developments invested £10m in the scheme which had been left semi-completed following 2008’s financial crash. New Anglia Local Enterprise Partnership also lent £5m to the project under its ‘growing places fund’. The first phase of the flats was completed this week with the overall project due to finish by 2020. Prices range from £325,000 up to £475,000 for one of the penthouse apartments. Homes England chief investment officer Gordon More said: “This development is a really important example of how the government is prepared to intervene to unblock stalled developments and help people and businesses to thrive.” Brokers **Hank Zarihs Associates** said the new developments were in good positions to attract additional finance from **property development lenders**. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Bridging Finance Uk, construction loans london, london property market, property development lenders --- ### [House prices up by more than 5 per cent, reveals Halifax house price index](https://www.hankzarihs.com/construction-loans-halifax-data/) **Published:** June 7, 2019 **Author:** Shiraz Khan **Content:** **Construction Loans News:-** House prices for the three months to May rose by 5.2 per cent compared with the same period last year, according to Halifax [**data**](http://www.halifax.co.uk/media-centre/house-price-index/). They were also 2.5 per cent higher than the previous quarter and last month’s figures showed a monthly rise of 0.5 per cent. [![4 Banner](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner.gif "4-Banner - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) The lender highlighted Bank of England data which revealed the number of mortgages approved for buying houses rising by 5.9 per cent in April to 66,261. Halifax’s managing director, Russell Galley, attributed the positive reversal of the previous months’ market softness to high employment and low interest rates. “The overall message is one of stability. Despite the ongoing political and economic uncertainty, underlying conditions in the broader economy continue to underpin the housing market, particularly the twin factors of high employment and low interest rates.” ## **Cautious optimism for the housing market** But he said industry data revealed there were no real changes in the number of houses being sold from month to month. The Royal Institution of Chartered Surveyors’ residential market survey for April continued to show subdued demand for and supply of housing. But price and sales expectations among respondents showed a small improvement for the third month running. “While current conditions may help those looking to make their first move onto the property ladder, existing homeowners will doubtless be considering long-term house price growth which continues to look subdued in comparison to recent years,” said Galley. However, he added that the current “trend of stability” was likely to continue provided employment stayed high and interest rates were kept low. The Bank of England figure of 66,066 mortgage approvals for home buying in April was 1,118 above the previous 12-month average of 65,143. HMRC’s April figures of 99,420 home sales were close to the five-year average of 101,249 and they were slightly above the previous 12-month average of 99,322. Trussle mortgage expert, Dilpreet Bhagrath agreed with Galley that the market looked steady. He said: “With mortgage approvals on the rise, this could be the time for first-time buyers to take hold of this stability and look for the first home.” Finance brokers **[Hank Zarihs Associates](https://www.hankzarihs.com/news/)** said the housing market had proved resilient despite the current political uncertainty. The company added that the strength of the UK economy was reflected in SME house builders’ healthy demand for construction loans and [**property development funding**](https://www.thehouseshop.com/property-blog/making-your-property-more-saleable-with-unique-features/18627). ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Bridging Finance Calculator Uk, construction loans london, london bridging finance loan, property development funding --- ### [Developers’ levies to be made speedier and more transparent](https://www.hankzarihs.com/construction-loans-uk-news/) **Published:** June 5, 2019 **Author:** Shiraz Khan **Content:** **Construction Loans News:**– [**New rules**](http://www.gov.uk/government/news/communities-to-benefit-from-new-housing-infrastructure-rules) on the way housing developers pay for infrastructure are to be brought in, the Government confirmed this week. Builders already have to pay for roads, schools, GP surgeries and parkland that is needed so that areas can cope with the influx of extra residents. [![4 Banner](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner.gif "4-Banner - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) Regulations were laid in parliament this week, aimed at making it easier for councils to introduce the community infrastructure levy. Housing minister Kit Malthouse said the Government would simplify the current rules so local communities would know exactly how much developers were paying for infrastructure. Councils will be required to report the deals done with developers, and set out how the money will be spent enabling residents to see every step taken to secure their area is ready for new housing. The Government said the changes would help developers start on projects quicker thereby helping deliver 300,000 new homes a year by the mid 2020s. Housing minister, Kit Malthouse MP, said: “Communities deserve to know whether their council is fighting their corner with developers – getting more cash to local services so they can cope with the new homes built. “The reforms not only ensure developers and councils don’t shirk their responsibilities, allowing residents to hold them to account – but also free up councillors to fund bigger and more complicated projects over the line.” Developers were charged £6 bn in contributions in 2016-17, helping to fund jobs and growth. However, councils have previously not had to report the total amount of funding received or how it’s spent. ## **Rules aimed at speeding up groundwork** The Government said the new rules would enable councils to introduce the levy faster so that areas could benefit from getting the infrastructure needed in good time. Malthouse added restrictions would be eased to allow councils to fund single, larger infrastructure projects from cash received from multiple developments, giving more freedom to deliver complex projects at pace. ### Construction Loans by HZA Finance brokers [**Hank Zarihs Associates**](https://www.hankzarihs.com/news/) said if the new rules delivered larger schemes faster, then this would be a positive step. The company added this could help developers repay **construction loans** and property and [**refurbishment finance**](https://london.storeboard.com/blogs/money-tips/learn-the-importance-of-a-specialised-finance-broker-in-getting-development-finance/922376) off more quickly. Councils have faced problems collecting the levy in the past. Last month Bournemouth, Christchurch and Poole Council has said it would be willing to sue developers who don’t pay the levy. A review of the council infrastructure levy was launched by the government in February 2017. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Bridge Finance Uk, Construction Finance london, construction loans london, fast refurbishment finance --- ### [Rise in demand for prime London spots, reports Knight Frank](https://www.hankzarihs.com/development-funding-knight-frank/) **Published:** June 3, 2019 **Author:** Shiraz Khan **Content:** **Development Funding News:-** The number of exchanges for residential properties above £2m rose by 1 per cent in the year to April compared to the previous 12-month period, according to **Knight Frank** sales data. The estate agent said in central London neighbourhoods exchanges had risen by 7 per cent in the year to April, while the increase in north London was 17 percent. [![4 Banner](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner.gif "4-Banner - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) Viewings had increased for properties valued over £2m, where there were 3 per cent more viewings in the first quarter of this year than the same period last year. Knight Frank said the number of offers made by buyers had risen by more than a quarter since last year. However, this was not reflected in a growth in prices with a drop of 5 percent in values for properties in the £1m to the £2m bracket. Homes valued at more than £10m witnessed a price drop of 2.6 per cent. Head of London residential research Tom Bill said: “Comparatively, over the same period, the number of new properties listed for sale has fallen by over a third, underlining the relatively advantageous position for active vendors, should the current political uncertainty recede.” ## **UK’s economy resilient despite everything** Knight Frank said the UK economy appeared to be largely shrugging off the effects of political uncertainty. The gross domestic product grew by 0.5 per cent in the first quarter of 2019, which was stronger than Germany and the euro area. While Brexit-related stockpiling had an impact, there was a strong performance in the IT sector and healthy levels of business investment. ### Development Funding – HZA Finance brokers **Hank Zarihs Associates** agreed that the UK economy was showing strong signs of resilience and that house builders’ demand for [property development funding](https://www.hankzarihs.com/development-finance/) and construction loans was still strong. Knight Frank noted the pound’s volatility in recent weeks due to Brexit-related uncertainty and speculation surrounding the next prime minister. It said during May, the pound had eroded the gains it had made versus the dollar since January, making sterling-denominated assets more attractive. The estate agency’s index started in 1976 and is based on the repeat valuation methodology that tracks capital values of prime central London residential property. Prime central covers: Aldgate and the City, Belgravia, Chelsea, Hyde Park, Islington, Kensington, Knightsbridge, Marylebone, Mayfair, Notting Hill, Riverside, South Kensington, St John’s Wood, Tower Bridge and Victoria. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** 2nd charge bridging loan, commercial bridgning loan UK, property development funding, UK House Market --- ### [Residential Developments Grow In May](https://www.hankzarihs.com/refurbishment-finance-house-building/) **Published:** June 4, 2019 **Author:** Shiraz Khan **Content:** Residential developments were the only part of the construction industry to grow in May, according to figures from the [Purchasing Managers Index](http://www.markiteconomics.com/Public/Home/PressRelease/c059c6abac914658b3c8217fc0df0bd5?s=1), PMI. The construction index fell to a 15-month low of 48.6 in May after rising to 50.5 in April from 49.7 in March and 49.5 in February. May’s reading of 48.6 took the index below the 50 level which indicates flat activity. [![4 Banner](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner.gif "4-Banner - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) Last month’s growth in house building was softer than the average in 2018. Residential developments have recorded higher levels of activity each month since February 2018. The latest survey pointed to a modest reduction in new orders, with the rate of decline the steepest since March 2018. Construction companies reported strong competition, hesitancy among clients and longer sales conversion periods, largely reflecting subdued demand in May. Chartered Institute of Procurement and Supply group director, Duncan Brock, said: “The previously unshakeable housing sector barely kept its head above water, growing at its weakest level since February as residential building started to lose momentum.” Finance brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said the UK’s housing shortage and Government pressure to build 300,000 new homes a year by 2025 would mean the sector would continue to expand. The brokerage added demand for **construction loans** and development and [refurbishment finance](https://www.hankzarihs.com/refurbishment-finance/) among SME house builders showed no signs of abating. Economic forecasters the EY ITEM Club said data from the Office for National Statistics showed construction output had fallen 1.9 per cent month-on-month in March after increases of 0.5 per cent in February and 3.3 per cent in January. Chief economic advisor, Howard Archer, said: “Nevertheless, construction output expanded 1 per cent quarter-on-quarter and 2.8 per cent year-on-year over the first quarter of 2019 and was up 3.2 per cent in March itself.” ## **New hires slump** Reduced workloads led to more cautious recruitment strategies and the non-replacement of departing staff in May. As a result, the latest index pointed to the sharpest drop in employment for six-and-a-half years. Construction companies reported modest declines in their purchasing activity. Although only marginal, the latest reduction was the largest since September 2017. Supply chain pressures persisted in May, which led to lengthening of average lead times among vendors. There were a number of reports citing low stocks and shortages of materials particularly plasterboard. Average input prices continued to rise in May, however, the overall rate of input price inflation eased to its weakest since June 2016. Survey respondents were concerned domestic political and economic uncertainty would dampen business growth over the next 12 months. Lower volumes of commercial work and civil engineering activity more than offset a modest increase in house building. IHS Markit compiles the survey for the Chartered Institute of Procurement and Supply based on responses by purchasing managers across a panel of 150 key construction companies. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Bridging Finance London, construction loans london, Development and Refurbishment Finance, houses prices in UK --- ### [Sky scraper for ‘key workers’ proposed in West London](https://www.hankzarihs.com/bridging-finance-west-london/) **Published:** July 25, 2019 **Author:** Shiraz Khan **Content:** **Bridging Finance News:-** Ambitious plans to build one of the tallest tower blocks in Ealing comprising 26 storeys of 149 affordable flats have been submitted. The new building, called 55 West, is to have roof gardens and at ground level a public plaza with the possibility of a doctors’ surgery. Developers Southern Grove and Thames Valley Housing Association have lodged the application with Ealing council which is expected to make a decision by the end of November. Southern Grove chairman, Andrew Southern, told *Construction Index*: “We have chosen to begin looking at sites not just from a policy compliant view but with the belief that, given the scale of the problem, provision of affordable homes in design-led properties should be an aspiration rather than a chore.” All of the new flats will be affordable and aimed at key workers such as teachers and nurses who already have some experience in their profession. They will be able to rent at around 56 per cent below the market price and can buy under shared ownership where they purchase a 25 to 75 per cent stake in the property. ## **New approach for tackling London’s housing need** The proposals mark a departure from the usual residential development requirements that 30 per cent of homes should be affordable. ### Bridging Finance by HZA Brokers **[Hank Zarihs Associates](https://www.hankzarihs.com/news/finance-news/)** said the initiative could be the first of a trend in London where a greater proportion of new housing is affordable. The brokerage added the scheme was well placed to attract competitive construction loans and [**instant bridging finance**](https://www.finance-monthly.com/2018/11/development-finance-is-the-biggest-hitch-for-building-boom/). [![Fast Bridging Loans](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) 55 West would be built at the junction of Manor Road, Argyle Road and Drayton Green directly next to West Ealing station on the Crossrail route. Southern Grove took two years of negotiations with five landowners to reach a point where individual arrangements over each separate property came together. In each case, the developer secured a contract to develop the land in partnership with the landowners, once planning permission is secured. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Bridging Finance Uk, Construction Finance london, instant bridging finance, instant construction loans --- ### [Kent commuter town set to get 210 new flats](https://www.hankzarihs.com/property-development-kent-commuter/) **Published:** August 6, 2019 **Author:** Shiraz Khan **Content:** **Property Development News:-** Plans to revive Swanley Square’s run down 1970s shopping centre and build 210 flats have finally been given the go-ahead. Swanley district council has granted detailed planning permission for developers U + I’s £17.9m scheme after initially rejecting it two years ago. The application went to appeal with the inspectorate ruling in U + I’s favour last month, July 26, saying the scheme would “invigorate” Swanley’s centre. The 1.46 ha site is on the former grounds of the Victorian Kettlewell Hospital. The new development will comprise four buildings of between three to 11 storeys of 210 flats and nine car parking spaces. The homes will be a mixture of flats for rent and sale and at least 30 per cent will be affordable. The project includes creating 1457 sq m of retail and commercial floor space and a multi-storey car park. ## **Further homes in the pipeline** The council also gave outline planning permission for a further four blocks comprising 93 homes to be built and up to 2,861 sq m of commercial floors space and up to 958 sq m of community space. ### **Property Development by HZA** Brokers **[Hank Zarihs Associates](https://www.hankzarihs.com/news/)** said the scheme was in a good location and within walking distance from the train station. The brokerage said lenders would be keen to offer [**property development funding**](https://www.thehouseshop.com/property-blog/making-your-property-more-saleable-with-unique-features/18627) for this type of project. [![Fast Bridging Loans](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) **[HLM Architects](https://www.hankzarihs.com/news/)** are designing the scheme including the landscaping with Nathaniel Lichfield & Partners acting as the planners. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Bridging Finance Loans, Bridging Finance Uk, Development Finance Lenders Uk, instant construction loans --- ### [North West London to gain 844 new homes in retail to resi scheme](https://www.hankzarihs.com/bridging-loans-north-west-london/) **Published:** July 26, 2019 **Author:** Shiraz Khan **Content:** **Bridging Loans News:-** London’s mayor, Sadiq Khan, has approved plans to convert Pentavia retail park in Brent into 844 new homes of which 41 per cent must be affordable. The new homes have been designed by award -winning architects Arney Fender Katsalidis and comprise a mix of one and two-bedroom flats and three-bedroom family homes. Mr Khan said: “This is a classic example of an underused site with the potential to deliver significant numbers of homes, including affordable homes at social rent and London living rent levels. “I’m clear that I will use all the levers at my disposal to increase the delivery of new genuinely affordable homes across the capital.” The 345 affordable homes in the development are made up of 94 at social rent levels, 57 at London living rent levels, 73 shared ownership homes, and 131 others for a discounted market rent. About £15m is to be spent on landscaped spaces and pocket parks with 660 new trees planted and enhanced transport links including new cycle and pedestrian paths and access routes. ## **Barnet gets a major housing supply boost** **Meadow Residential** partner, Andrew McDaniel, said: “Access to quality homes, at an affordable price, is something desperately needed in Mill Hill, not least for the many key public sector workers who provide vital services in local schools and hospitals, many of whom we’ve spoken to in the last few months.” ### Bridging Loans by HZA Brokers **Hank Zarihs Associates** said the development was in a prime spot and lenders would be keen to offer development and **refurbishment finance** for it. [![Fast Bridging Loans](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) Barnet Council rejected Meadow Residential’s original plans to redevelop the site in July 2018 because it felt it was an overdevelopment and had insufficient affordable housing. The mayor ‘called in’ the application in November 2018 for further scrutiny before deciding to approve the re-development this week. The original application included 724 homes, of which 35 per cent would be affordable. The mayor’s office said Barnet had delivered just 7,670 homes and only 1,645 affordable homes between 2012 and 2017. This was below the targets set out in the capital’s planning bible – the London Plan. It added that between 2014 and 2017, just nine per cent of the homes given planning permission in Barnet were affordable. The redevelopment of Pentavia retail park will provide more affordable homes than were delivered across the whole of Barnet in the year 2017-18. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** best bridging loans, Development Finanace, property refurbishment finance, residential bridge finance --- ### [Lincolnshire set to get 2,500 new homes](https://www.hankzarihs.com/bridging-finance-lincolnshire-homes/) **Published:** August 1, 2019 **Author:** Shiraz Khan **Content:** **Bridging Finance News**:-A £1.2bn garden city of six new villages around five lakes in Lincolnshire moved a step closer, after the local planning authority gave the first phase of the scheme the go ahead. North Lincolnshire council approved developer, Maltgrade’s plans for 2,500 homes, a school, village centre, parks and a lake on farmland on the western edge of Scunthorpe. Council leader, Rob Waltham, said last night’s decision was a milestone for the development which has been in the making for nearly 20 years. “Now planning permission is in place, the Lincolnshire Lakes scheme can really start. Children growing up across the region today will have the opportunity to start their families in lakeside communities in North Lincolnshire.” He added: “The scheme has been delayed for the past few years until we were able to keep our promises to local residents to put the right infrastructure in place first.” Plans for a £13.5m roundabout on the M181 were granted earlier this year to give access to the site and bypass Burringham village. “We’ve been clear that we must get the infrastructure right in order to ensure that Lincolnshire Lakes develops sustainably over the next 20 years,” said Cllr Waltham. A £13.3m government-funded flood defence scheme along the River Trent, west of the Lincolnshire Lakes site, is nearing completion to prepare for the development and protect existing villages. ## **Garden city to transform local area** Under the scheme’s planning conditions developers will provide two destination parks in village one and five and one allotment and a new lake. They’ll contribute to education by building a new primary school, a £250,000 extension to an existing school in Scunthorpe and a £5m contribution to a secondary school. They ‘ll give £518,000 towards improvements to the B1450 Burringham and Scotter Road junction and £1m for further enhancements to the B1450 Burringham Road. They’ll also contribute £500,000 towards the new M181 junction, which has already secured £7m in government finance, and they’ll offer a further £1.3m to improving public transport. The council’s planning team includes Tibbalds, The Environment Partnership and consulting engineer Campbell Reith. ### Bridging Finance by HZA Brokers **[Hank Zarihs Associates](https://www.hankzarihs.com/news/finance-news/)** said the project was an innovative one likely to attract development finance lenders keen to offer competitive construction loans and [**instant bridging finance**](https://www.thehouseshop.com/property-blog/making-your-property-more-saleable-with-unique-features/18627). [![Fast Bridging Loans](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Bridging Finance Loans, Bridging Finance Uk, Development Finance Lenders Uk, instant construction loans --- ### [Regional cities’ house price rises while the South stays muted](https://www.hankzarihs.com/regional-cities-house-price-rises-while-the-south-stays-muted/) **Published:** July 30, 2019 **Author:** Shiraz Khan **Content:** **Bridging Finance News:-** Edinburgh and Liverpool saw the highest year-on-year house price growth of 5.1 per cent and 4.9 per cent for June2019, according to Zoopla’s hometrack **[index](https://www.hometrack.com/media/566309/hometrack-uk-cities-house-price-index-report-june-2019.pdf)**. The average price of a house in Edinburgh now stands at £232,300 while in Liverpool it’s £124,100. The index, which looks at 20 cities in the UK, reported an overall annual increase in house prices of 1.7 per cent in June. It noted house prices had weakened rapidly along the south coast with six cities reporting rises of less than one per cent. These included Portsmouth at 0.8 per cent, Bournemouth at 0.7 per cent and Southampton at 0.5 per cent. Bristol had the highest annual growth rate in southern England at 2 per cent. Hometrack said sales were not keeping pace with the new supply of homes in the south. New supply had grown faster than sales since 2016 with 1.3 units of supply new to the market for every sale agreed. London prices stayed flat in June showing neither a decrease nor increase compared with the previous year. Hometrack said it thought London was coming to the end of a three-year re-pricing process as there had been an increase in sales agreed and less new supply. “Prices are still falling across many parts of London on an annual basis, but the quarterly growth rate has improved. Prices are firming on the back of more realistic pricing of new supply which is much closer to what buyers are prepared to pay.” ## Bridging Finance by HZA Brokers **[Hank Zarihs Associates](https://www.hankzarihs.com/news/finance-news/)** welcomed news that London prices were no longer dropping. The brokerage said commercial development finance lenders were keen to offer construction loans and [**instant bridging finance**](https://www.hankzarihs.com/fast-bridging-finance/) for new build schemes in the capital. [![Fast Bridging Loans](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ### **Market dynamics are stronger in northern cities** Northern cities’ continued growth in sales has eroded supply at an increasing rate, supporting above average price growth. Cardiff and Nottingham each saw an year-on-year growth of 4.7 per cent bringing average prices to £211,100 and £155,800 respectively. Birmingham showed a weaker year-on-year growth of 4 per cent bringing the average home cost to £167,000. The ratio of sales to new supply in the north has been downward for the last five years but Hometrack pointed to this reversing in the first quarter of 2019. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** commercial bridgning loan UK, commercial development finance lenders, construction loans london, instant bridging finance --- ### [Planning of 151 – 157 TOWER BRIDGE ROAD DEVELOPMENT is going on](https://www.hankzarihs.com/bridging-loans-tower-bridge-road/) **Published:** July 29, 2019 **Author:** Shiraz Khan **Content:** The construction plan for 151 – 157 TOWER BRIDGE ROAD, SOUTHWARK – MIXED DEVELOPMENT is going on and the construction will start at 151 – 157 Tower Bridge Road, Southwark, and London, SE1 3JE. The council of Southwark will oversee the construction. The project will reportedly take 36 months to complete. The floor area and the site area of the project are 6161 sq m and 3642 sq m respectively. There will be 2 structures built consisting of 10 storeys and 69 units accommodated in them. The distribution will be like 8 one bed houses, 56 two bed houses, 5 three bed houses and 142 hotel beds additionally. The total [**construction finance**](https://www.hankzarihs.com/development-finance/) value of this project is estimated at £137m. ## **The companies and contacts included** The client is Galliard Homes Limited with Mr. Arron O’Reiley and Mr. David Rogers as the contacts. The architect is Arney Fender Katsalidis with Mr. Earle Arney and Ms Kim Spence as the contacts. Another Architect is EPR Architects Limited with Mr. Nick Rayner and Ms Elizabeth Paliaiolagou as the contacts. The planner is DP9 Limited with Mr. Chris Gascoigne as the contact. The landscape architect is Applied Landscape Design with Ms Kym Jones as the contact. The quantity surveyor is Gardiner & Theobald Limited Head Office. The interior designer is Arney Fender Katsalidis. The Mech. & Elec. Engineer is Waterman Building Services Limited with Mr. Clive Morris as the contact. The structural engineer is Fairhurst GGA with Mr. James Toon as the contact. Fairhurst GGA is also the civil engineer. Waterman Building Services Limited is also the sustainability consultant with Mr. Paul Stanley and Mr. Rob Miller as the contacts. The project manager is Mellersh & Harding Building Consultancy LLP. ### **Bridging Loans – How can HZA help?** Finance brokers, [**Hank Zarihs Associates**](https://www.hankzarihs.com/news/), offer expert advice about the **best bridging loans**, [**second-charge loans** ](https://blog.businesscasestudies.co.uk/4080/are-bridging-loans-truly-becoming-more-popular-in-2019/)and refurbishment finance available. They offer a hassle free one-stop service and a quick turnaround for securing tailor-made funding. [![Fast Bridging Loans](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Bridging Finance Uk, construction loans london, Development Finance Brokers, second charge bridging loans --- ### [Number of house sales fall in June by more than 25 per cent](https://www.hankzarihs.com/bridging-finance-house-sales/) **Published:** July 23, 2019 **Author:** Shiraz Khan **Content:** **Bridging Finance News**:- UK residential house sales showed a 25.1 per cent year-on-year drop for June 2019, according to the HMRC’s non-seasonally adjusted **[figures](https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/818332/UK_Commentary_Jul_2019__cir_.pdf)**. The seasonally adjusted UK property transaction count was 84,490 for residential sales in June. The seasonally adjusted count of residential property transactions decreased by 9.6 per cent between May 2019 and June 2019, and was 16.5 per cent lower than June 2018. ## Bridging Finance by HZA Brokers **[Hank Zarihs Associates](https://www.hankzarihs.com/news/finance-news/)** said current uncertainty about whether the UK will leave Europe with a deal on October 31st was a factor. However, the brokerage added the high level of demand for new homes meant in the long run transaction volumes would rise. Hank Zarihs Associates said lenders were still keen to offer development and refurbishment finance for the right projects. [![Fast Bridging Loans](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## **Tax changes contributed to previous transaction upticks** The residential housing transaction peak in March 2016 was associated with the introduction of higher rates on additional properties in April 2016. The December 2009 peak for the seasonally adjusted estimate was associated with the end of the stamp duty land tax ‘holiday’, during which the lower tax threshold was raised to £175,000. The seasonally adjusted non-residential transactions for June was 9,140 representing a 7.2 per cent decrease between May 2019 and June 2019, and a 12.4 per cent year-on-year fall. Since September 2013 non-residential transactions seasonal transactions have been rising. The seasonal non-residential pattern generally features a low point at the start of the calendar year, with a peak each March, coinciding with the end of the financial year. Non-residential property includes commercial buildings, mixed use transactions or six or more residential properties bought in a single transaction. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** best bridging loans, House Bridging Finance, instant construction loans, UK House Market --- ### [Lending for home purchases shows 2.9 per cent year-on-year rise for June](https://www.hankzarihs.com/bridging-finance-home-purchases/) **Published:** July 24, 2019 **Author:** Shiraz Khan **Content:** **Bridging Finance News**:- Mortgages granted for home buying stood at 42,653 in June – a 2.9 per cent annual increase, according to **[UK Finance](http://www.ukfinance.org.uk/data-and-research/data/household-finance/household-lending-and-deposits)**, figures. The number was above the 38,000-40,000 range that has largely held from the beginning of 2018 through to early 2019. Economic forecasters, the EY ITEM Club, said June’s figures were just below the 26-month high seen in April of 42,792. The Club’s chief economic advisor, Howard Archer, said the housing market had received some support from avoiding a disruptive Brexit at the end of March. “A shortage of houses on the market will also likely offer some support to prices, “said Archer. He pointed to the latest Royal Institution of Chartered Surveyors’ residential market survey which showed new instructions up modestly in June, following an 11-month decline. “Consequently, average stock levels on estate agents’ books in June remained close to the lowest level in the survey’s history. “Even if ultimately successful, the government’s recent – and ongoing – initiatives to boost house building will take time to have a significant effect so are unlikely to influence house prices in the near term at least,” he said. ## Bridging Finance by HZA Brokers **[Hank Zarihs Associates](https://www.hankzarihs.com/news/finance-news/)** said there could be an uptick in sales of new developments over the next few months. The brokerage added demand for [**short-term bridging finance**](https://www.hankzarihs.com/fast-non-status-bridging-loans/) to cope with possible volatilities in the market over the next few months was likely to be strong. [![Fast Bridging Loans](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## **House sales and prices unpredictable for the end of 2019** The EY ITEM Club predicts house prices will rise by around 1.5 per cent over 2019 with a 2 per cent increase over 2020 if the UK leaves the EU with a deal. But if the country leaves without one prices are predicted to fall by 5 per cent. Bookmakers Betfair Exchange are predicting a 29 per cent chance of the UK leaving the EU without a deal. They are also forecasting a 29 per cent likelihood that country leaves the EU by October 31st. Dilpreet Bhagrath, mortgage expert at online broker Trussel, said house sales over the next few months were likely to be unpredictable. “With Boris Johnson moving into 10 Downing Street today, it will be interesting to see whether people choose to stay put or move ahead of a potential no-deal Brexit later this year.” Sales could be boosted if the new prime minister exempts UK house sales under £500,000 from stamp duty. Although experts say this could lead to under valuation of homes close to the half million price tag. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** auction property finance uk, Bridge Finance Uk, property loans uk, Short Term Bridge Finance --- ### [Planning for WALLYFORD AREA 7 – Project is going on](https://www.hankzarihs.com/construction-finance-wallyford-area/) **Published:** July 19, 2019 **Author:** Shiraz Khan **Content:** **Construction Finance News**:- The project WALLYFORD AREA 7 – 72 HOUSES & 80 FLATS is being planned to be constructed at Area 7, Land South Faside Terrace, Wallyford, Musselburgh, and Lothian, EH21 8AN. The council of East Lothian will be overseeing the construction for this particular project. The total site area of this project equals to 2.98 Ha. There will be a total of 152 units that are going to be provided. There will be 2 storeys built in total. [![4 Banner](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner.gif "4-Banner - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) There will be 28 one bed houses, 49 two bed houses, 31 three bed houses and 8 four bed houses. Additionally, there will be 234 spaces provided for parking purposes only. The total **finance** value for the construction of this project can be estimated to be £13.2m. ## **The companies and the contacts involved** The main clients for this project are Souter Investments with Mr. Calum Cusiter as the main contact and Barratt Homes East Scotland BDW Trading Limited. The main architect is EMA Architecture and Design with Mr. Kyle Kernohan as the main contact. The planner is Holder Planning Limited with Mr. James Wall as the main contact. The Landscape architect is DWA Landscape Architects Limited with Mr. Andy McLatchie and Mr. Malitha Yatiwelle as the main contacts. The structural engineer is Will Rudd Davidson Limited. The civil engineer is also Will Rudd Davidson Limited with Mr. Alan Lamb as the main contact. The project manager is East Lothian Developments Limited with Mr. Jonathan Brindle as the main contact. ### **Construction Finance:- How can HZA help?** Finance brokers, **Hank Zarihs Associates**, offer expert advice about the best **bridging loans**, **property development** and second charge finance available. They offer a hassle free one-stop service and a quick turnaround for securing tailor-made funding. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** best bridging finance, Bridging Finance Lenders, Bridging Finance Uk, Construction Finance london --- ### [New Luxury Mansion | Edwalton Nottinghamshire | Guy Phoenix](https://www.hankzarihs.com/new-luxury-mansion-edwalton-nottinghamshire-guy-phoenix/) **Published:** July 22, 2019 **Author:** Shiraz Khan **Content:** Hermitage Edwalton Hermitage is possibly one of the most impressive homes ever built in the United Kingdom. Located in central England within the desirable village of Edwalton Nottinghamshire. Edwalton was recently voted in the top ten places to live in England and Wales and continues to ascend in the list. The affluent habitat is close to the vibrant town of West Bridgford and boasts some of the most sought-after schooling and property in the county. Easy access to the M1, Derbyshire and Leicestershire also, this location has proved ideal for those commuting to larger cities as well as working locally. Newark station just down the A46 enables easy access into central London in just over an hour on the newly improved fast line train service. After two and a half years on-site, the “Hermitage” is ready to be launched to the market. This 7-bedroom state of the art new build simply must be viewed to appreciate the quality of its construction. Seldom before have we seen the attention to detail applied to a residential home. The over-engineered structure and insulation values attracting interest from professionals in the energy field. Why … and how does the company do it? We’ll ask Guy later, but I do know that it isn’t that Guy doesn’t trust those engineers involved, quite the contrary but he asks that they cooperate and understand his willingness to oversize all those components necessary in house building. Guy is keen to be able to alter internal layouts should he wish at any stage of the process and subsequently supporting walls within the structure so there is an emphasis on freedom of internal design during the early stages. “Whereas I appreciate engineers, building control officers, warranty providers all have a job to do in policing the project, I must retain the capability to change the layout should I want, and I always do.” Ultimately this is how Guy and his team are able to deliver such an outstanding design that fits so well into the surroundings. Of course, with modern technology and CGI, architects and alike can now effectively design and build your home virtually in advance and this is something they are looking at closely for future developments. On entering the property, you are immediately confronted by a vaulted space with the helical staircase winding up through the floors of the property. A chandelier that appears to rain light hangs through the centre with each strand staggered randomly creating the effect. The floor is neutral polished tile reflecting the lighting, the finishes and completing the medium of the room. A walk over circular glass floor showcasing the rippling deep blue water of the swimming pool beneath. Within the entrance hall a cloak toilet that any house owner would be proud to present as their master en-suite. Guy explains that with the assistance of Giorgio Armani partnering with Rocca together Armani Rocca and Guy Phoenix have collaborated to create beautiful simple bathrooms. They have supported him in supplying the sanitary ware and tiles in every bathroom in the main house. “Never have I been so satisfied with the finish, the colour and the design of bathroom fittings “. He continues to explain the new process of the finish to the metal, PVD (Physical Vapour Disposition) and how pleased he appears to be with the smooth finish end result. Turn left into the kitchen and witness what you would expect to see in a palace or castle. With Gaggenau also joining the parade this kitchen is neutral but framed in gold and black. The handles, the hinges, the beading all based on this champagne PVD encompassing the gold, bronze theme running throughout the house. A breakfast area is attached to the kitchen through double doors should you want additional seating other than the bar area, fixed table seating and lounge area it already offers. More comfortable seating for those who wish to relax whilst dinner is being prepared, presumably by someone else. Continue through to the utility room housing no less than 3 washers and dryers as well as enough room to play billiards. The garage is off this room with underfloor heating so those expensive tyres of the sports cars don’t get chilly. Up the stairs to the self-contained annex that could serve as teenager Accommodation, somewhere to store the Mother in Law or even servants’ quarters depending on how lucky your money has made you. With gilded wallpaper, walk-in wardrobe and Gaggenau appliances in the large living kitchen I’m wondering how I apply for a job as a servant to experience this lifestyle. Back down onto the ground floor and following previous footsteps you arrive at the dining room. Just like every other room on this level, the ceilings are almost four meters high, the diner fixed with yacht panelling cleverly lit around and from the edges. A large round table easily accommodating 12 for Sunday lunch. To the side, a small curved room dedicated to Dom Perignon champagne storage. The colour of the shield replicated in the handles and trims in every aspect of the house. Guy explains that the shield on the bottle was his inspiration to the colouring of the property. Whether it be the strips under the doors the hinges, handles or light fittings this gold/bronze colour works so well and almost authenticates his own trademark, “True Luxury “ Back through the hallway and through the lit stone resin framed doorway, office one is on your left, completed in the light patterned concrete board Guy has come so fond of. With ample storage and a stunning view out over the garden this office is private yet somehow doesn’t feel detached from the rest of the house. The glass doors allow you to work in peace but keep an eye on those children that might be dashing around. The lounge is next and certainly spacious yet extremely homely. An open fire with odourless/ smokeless flames flicker in the room. The bespoke lighting mesmerising. To the right, a bar and cinema with acoustic screening and sound technology any commercial theatre would be proud of. The soft step shallow tread staircase allows you easy access the first floor. First on your right a large bedroom with walk-in wardrobe and en-suite. Colouring the same theme, luscious headboard, designer light fittings and wallpaper. Across the hall, a protected room doubling up as a second office if needed but also the security hub. From here the house is controlled and monitored. Every elevation closely watched by a high definition camera just considering those in frame. The fully automated home can control its own heating, lighting, sound, TVs, even lock certain doors, open gates, put the fountains, even flush the toilet if you so wish. With future-proofing considered the specialist electrician like Guy is a perfectionist. Suite one is probably the most luxurious master bedroom I’ve ever seen. With its own sleeping area, large sitting room, fridge, coffee machine (Gaggenau of course), 2 walk-in wardrobes no less and standard Armani en-suite bathroom. Just one issue …. it’s not the master bedroom. What? How can this be? Opposite you walk back across the landing slowly nodding your head in approval at the boutique 5-star hotel feel the home gives you. Then the master bedroom. Without a doubt, this bedroom is up there with the most extravagant bedrooms on the planet. Supporting a dressing room Giorgio himself would endorse in a Paris retail outlet. A private office and lounge, an Armani bathroom of course with his and her showers and vanity units… two balconies. I’m wasting my time trying to describe with words this room. Stand in it, fold your arms and absorb the luxury that Guy Phoenix has obviously put so much effort into this single masterpiece. Or even better wake up in the morning in the 12ft bed and remind yourself that you too must be the best at what you to experience what this house offers. Up again the spiral stairs to three more bedroom suites all capable of carrying the mantle of ‘master’… ample storage, enormous beds, captivating lighting and luxury through and through. The home has been targeted by no less than a dozen companies wanting to showcase and enter into different awards for an exceptional single unit. For now, Guy wants to hold off and just deliberate that what he and his team have created may well be one of the finest homes ever built. To start your journey to a Guy Phoenix home call 0115 860 0036 If you would like to advertise your development or company with Hank Zarihs Associates please call us on 020 3889 4403 or email connor@hankzarihs.com. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, News, Planning News, Projects --- ### [Inland Revenue’s HQ in Nottingham to be turned into 332 flats](https://www.hankzarihs.com/bridging-finance-nottingham/) **Published:** July 19, 2019 **Author:** Shiraz Khan **Content:** **Bridging Finance News:**-Iconic offices built in the 90s as headquarters for the Inland Revenue are to be transformed into 332 flats. The current owners, Mapeley Estates, have gained permission from Nottingham city council to convert the buildings designed by award winning architect, Sir Michael Hopkins, into homes. [![4 Banner](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner.gif "4-Banner - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) The Treasury sold the complex on sale and lease back following the merger of Inland Revenue with Customs and Excise in 2004. The five office blocks at Castle Meadow Business Park, will be turned into 131 one-bed and 201 two-bed flats. The £15m refurbishment is to include decorative landscaping with associated parking and landscaping. Rolfe Judd Planning and SGP are acting as architects for the project. The 4,000 staff currently working for the HM Revenue and Customs are to move to offices in a development at Unity Square due to be completed by 2021 when the lease on Castle Meadows runs out. Mapeley Estates is one of the largest commercial landlords in the UK, covering over 10m sq ft and was created in 1991 to provide outsourced management to the HMRC estate. ## **New homes needed to serve the city’s growing businesses** Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said Nottingham was a sought after place to live with a strong economy so lenders would be keen to offer development and [refurbishment finance](https://www.hankzarihs.com/refurbishment-finance/) to residential conversion projects. Irwin Mitchell’s UK Powerhouse report, released in May 2019, cites Nottingham as the city with the fastest growing economy in the East Midlands. Its job growth has been stronger than Derby’s and Leicester’s thanks to robust manufacturing, logistics and financial sectors. The city is also known as a premier hub for the food and drinks industry. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Bridging Finance Uk, Development and Refurbishment Finance, instant construction loans, instant refurbishment finance --- ### [Green light for £50m development of 239 new homes in Swindon](https://www.hankzarihs.com/bridging-finance-homes-swindon/) **Published:** July 18, 2019 **Author:** Shiraz Khan **Content:** **Bridging Finance News**:- The redevelopment of a former university campus in Swindon has been given the go-ahead by the borough council. Nationwide is to build 239 new homes for sale or rent, with 30 per cent as affordable, on the Oakfield Campus. [![4 Banner](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner.gif "4-Banner - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) The area, which has laid vacant for more than ten years, will include a children’s play area and a community meeting space with links to nearby amenities. Nationwide’s chief executive, Joe Garner, said: “As a building society we were founded to help improve housing, rather than maximising profit and shareholder return. Helping create these new homes and a thriving community is a great example of how we are guided by our purpose of building society, nationwide.” The homes will comprise mainly terraced houses or maisonettes, with a small block of apartments, including community space. They will all have at least one parking space and either a private garden or access to shared gardens. There will be a mixture of two, three and four-bed homes for sale or rent, as well as 71 affordable one, two and three-bed apartments and houses. ## **Modern look with traditional materials** Nationwide has partnered with specialist development manager, Igloo Regeneration, and a dedicated design team to deliver contemporary designs using traditional quality materials. The homes will have plenty of light and space through higher ceilings, larger windows and terraces, and a focus on energy efficiency. Building is expected to start by the end of the year, with the first phase of homes available from spring 2021. Swindon Borough council’s cabinet member for strategic planning, Cllr Gary Sumner, said: “This development ticks a lot of boxes for the council and builds on the excellent, and award-winning, design standards we have seen across a number of new developments in Swindon.” ### Bridging Finance by HZA Broker **[Hank Zarihs Associates](https://www.hankzarihs.com/news/)** said the scheme was in an area of housing need with development finance lenders keen to extend construction loans and [**short term bridging finance**](https://www.homesgofast.com/Home-and-Decor/uk/blog/increasing-your-property-saleability-with-design-features) for such projects. Nationwide is investing about £50m over a number of years, though it aims to break even through sales and rentals, with any profits reinvested in other community projects. The Oakfield initiative is a key part of Nationwide’s five-year social investment programme aimed at ensuring everyone has ‘a place fit to call home’. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** construction loans BIRMINGHAM, Development Finance Lenders, non status loans uk, short term bridging finance --- ### [Plans for a 40-storey tower with 279 flats and a hotel are afoot for London’s Isle of Dogs](https://www.hankzarihs.com/bridging-finance-london-news/) **Published:** July 18, 2019 **Author:** Shiraz Khan **Content:** **Bridging Finance News:-Rockwell** has lodged an application with Tower Hamlets council to redevelop a three-storey office building on South Quay and build 279 flats and a 400-bed hotel. The scheme will also include improving access to underused spaces underneath the Docklands Light Railway and Admirals Way, enhancing the pedestrian experience along the waterfront. [![4 Banner](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner.gif "4-Banner - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) The developer said the tower, overlooking Canary Wharf, would be consistent with the height of neighbouring buildings and those currently under-construction in the area. Rockwell’s planning and development head, Jonathan Manns, said: “We are excited to transform the currently vacant building into a landmark mixed-use development. “This application follows extensive engagement with the local community and, drawing on inspiration from New York’s ‘highline’, the proposed public realm responds directly to the feedback we received from our consultation events.” In 2014 Tower Hamlets council refused plans for a 68-storey tower of apartments and offices on the Quay House site. ## **Jobs boost is another plus** The new development will create employment for local people generating 300 jobs during construction and up to 230 full-time equivalent posts in the new hotel and serviced apartments. Rockwell has partnered with real estate investment and development business Firethorn Trust *to deliver the new* scheme with Simpson Haugh & Partners acting as the architects. Firethorn Trust partner, Peter Mather, said: “These redevelopment proposals will maximise the potential of this fantastic location in Canary Wharf. The proposal combines high quality design with significant benefits to the local community, including a substantial number of new jobs and exceptional improvements to the public realm.” ### Bridging Finance by HZA Brokers [**Hank Zarihs Associates**](https://www.hankzarihs.com/) said the development was in a prime spot and likely to attract strong interest from development finance lenders keen to offer construction loans and **short term bridging finance**. Rockwell was founded in 2015 by Donal Mulryan, who was a founding director of Ballymore Properties UK and went on to set up West Properties in 2002. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** best bridging loans, Development Finance Lenders, Online construction loans, short term bridging finance --- ### [Sub-standard office conversions’ days could be numbered](https://www.hankzarihs.com/development-finance-standard-office/) **Published:** July 15, 2019 **Author:** Shiraz Khan **Content:** **Development Finance News**:- Landlords who rent minute office conversion flats with poor lighting and ventilation could land themselves in court under new legislation, claim housing experts. The Homes (Fitness for Human Habitation) Act, which went live in March 2019, allows tenants to sue landlords if the homes fail basic standards. A successful challenge would force a landlord to repair the defects and pay compensation to the tenant. [![Property Development Loans](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) Housing experts have told **[The Times](https://www.thetimes.co.uk/article/new-law-could-force-landlords-of-tiny-flats-to-improve-gvmw3s668)** the act could be used to combat shoddy flats created in former offices under permitted development rights. The policy came into force in April 2015 to help boost the housing supply, but experts have said it has led to a spate of micro flats sometimes measuring just 12 or 13 sq metres. ## **Legal challenges could be afoot** Town and Country Planning Association policy director, Hugh Ellis, said he hoped there would be multiple legal challenges by tenants living in low-quality office conversions. Shelter agreed and said permitted development rights had created a significant amount of substandard housing. The housing charity said the new legislation could be used as a tool to combat poor conversions but added it would like to see an end of section 21 ‘no-fault’ convictions. It fears tenants who take their landlord to court using the act could be penalised with an eviction. Lord Best, who piloted the bill through the House of Lords, said he hoped legal challenges would be made under the act to tackle poor conditions created by some office conversions. ### Development Finance by HZA **[Hank Zarihs Associates](https://www.hankzarihs.com/news/finance-news/)** said SME house builders were keen to see high standards of refurbishments maintained in the wake of permitted development rights. The brokerage added that development finance lenders were reluctant to offer [**refurbishment loans**](https://blog.businesscasestudies.co.uk/4080/are-bridging-loans-truly-becoming-more-popular-in-2019/) for poor conversions. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** best bridging finance, construction loans london, Development Finance Lenders, equity funds london --- ### [UK house price growth slows in May to 0.1 per cent](https://www.hankzarihs.com/construction-loans-house-price/) **Published:** July 17, 2019 **Author:** Shiraz Khan **Content:** **Construction Loans News**:- UK house prices rose by 1.2 per cent in the year to May 2019, down from 1.5 per cent in the year to April, reveal Office of National Statistics, **[ONS](https://www.gov.uk/government/news/uk-house-price-index-for-may-2019)**, data. House prices rose by just 0.1 per cent in May compared with April’s increase of 0.7 per cent bringing the average UK property price to £229,431. [![4 Banner](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner.gif "4-Banner - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) The South West showed the greatest monthly increase of 1.2 per cent, while the North West experienced the biggest annual rise of 3.4 per cent. London saw the greatest monthly fall of 2.5 per cent and also the biggest annual drop of 4.4 per cent bringing the average house price to £457,471. Detached properties showed the biggest fall in value of 6.1 per cent taking the average price to £847,998, while flats and maisonettes dropped by 5 per cent to an average value of £399,012. Wales showed average house prices fall of 1.4 per cent since April 2019, although on an annual basis values had risen by 3 per cent taking the average property value to £159,428. Semi-detached properties showed the greatest increase in value of 3.9 per cent taking the average price for this type of property to £154,847. ## **Property transactions slump** The number of transactions on residential properties with a value of £40,000 or more was 89,810 – 11.3 per cent lower compared with a year ago. Between April 2019 and May 2019, transactions decreased by 6.4 per cent. ### Construction Loans by HZA Brokers **[Hank Zarihs Associates](https://www.hankzarihs.com/news/)** said while May’s growth was more restrained than April’s the data was still in positive territory. The brokerage said **development finance** lenders continued to be keen to give competitive construction loans and fast bridging loans to house builders. The ONS consumer price inflation index for June has settled at 2 per cent from a four-month high of 2.1 per cent in April. It’s expected the Bank of England will keep interest rates at 0.75 per cent throughout the rest of 2019 and into 2020. Although if the UK leaves Europe without a deal economists anticipate a possible further interest rate cut. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Bridging Finance Uk, fast bridging loans, House price in London, instant construction loans --- ### [New build homes to be ready to power electric vehicles](https://www.hankzarihs.com/finance-lenders-electric-vehicles/) **Published:** July 16, 2019 **Author:** Shiraz Khan **Content:** **Finance Lenders News**:-Developers have warned that fitting new housing with electric vehicle charge points could run the risk of them becoming obsolete by the time the properties are sold. They claim technology is moving so fast that when new residents move in and buy, or hire, an electric car the charge point could be out of date. They also point out that particular models of electric cars are often restricted to using a bespoke charger. [![4 Banner](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner.gif "4-Banner - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) Their comments follow the government’s **[Electric Vehicle Smart Charging](https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/817107/electric-vehicle-smart-charging.pdf)** consultation document released on July 15 about changing building regulations to make installing smart charge points mandatory. The Federation of Master Builders, FMB, is calling for the regulations to simply require new homes with off-street parking to be wired up ready to support them at a later date. FMB chief executive, Brian Berry, said: “We recommend that the developer is required to put the infrastructure – such as the cabling – in place while the homeowner is responsible for adding the charging point. That’s because charging points vary hugely and the homeowner will need to install one that matches with their particular vehicle.” The Federation added that consumers are eligible for £500 off the cost of buying and installing a smart home charging point from the Office of Low Emission Vehicles whereas developers aren’t. Berry said the FMB was keen to work with the government to reduce carbon emissions through changes to new and existing homes. Most local planning authorities are already requiring new developments with off street parking to have at least 20 per cent of spaces with cabling in place to support charge points. ## **Costs of making new homes electric car friendly are steep** Developers have raised concerns about the extra cost of accommodating electric cars for new housing schemes. This could typically involve them footing the six figure bill for upgrading or building a new sub-station. The Home Builders Federation has warned about extra demands on the national grid once fossil-fuels are banned from powering heating systems in 2025. “There is a strong need for the government to work with the industry to agree a properly coherent, joined up strategy to realise all relevant objectives in a practical, consumer-friendly way. We would wish any changes relating to electric vehicles to be considered in the wider context,” it has said. ### Development Finance Lenders HZA Brokers Hank Zarihs agreed saying [**development finance lenders**](https://www.hankzarihs.com/our-finance/) would prefer a clear strategy on future rules relating to charge points so they could continue to offer [**construction loans**](https://www.househeroes.com/seven-home-decor-trends-for-2019/) at competitive rates. Earlier this month the government announced all new charge points should be smart – able to charge a vehicle at off-peak times to avoid overloading the national grid. The government also wants them to be secure from cyber attacks and have the ability for be interoperable allowing consumers to change smart service provider. The deadline for responses to the consultation paper is October 7. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** commercial development finance lenders, construction loans london, Development Finance Brokers, House prices UK --- ### [New buyer interest rises for the first time in 20 months](https://www.hankzarihs.com/bridging-finance-interest-rise/) **Published:** July 11, 2019 **Author:** Shiraz Khan **Content:** **Bridging Finance News**:-Estate agents have reported a 10 per cent increase in new buyer interest for June according to the Royal Institution of Chartered Surveyors, RICS, **residential market survey**. Newly agreed sales net balance was +2 percent in June marking the first time in ten months where participants did not report a decline. [![4 Banner](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner.gif "4-Banner - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) RICS said the new instructions indicator had now edged into positive territory for the first time in a year. But warned supply was still an issue as estate agents had record low stock levels and lower appraisals than last year. Sales expectations for the coming three months suggested the stable trend is likely to continue. Further ahead 12-month sales expectations were also more positive. **RICS chief economist, Simon Rubinsohn,** said: “The latest data provides further evidence of the sales market settling down but I don’t get the impression from the insight provided by contributors that this is fuelling hope of a significantly more active market going forward.” Contributors reported a stable trend in national house price inflation continuing over the next three months. All parts of the country, except London, were showing results of a modest house price growth. ## **Regional house prices forecast to increase** A balance of 25 per cent more respondents were anticipating price rises within the next 12 months – the highest reading for this indicator in 11 months. ### Bridging Finance by HZA Brokers **Hank Zarihs Associates** said this was good news for house builders who would be well placed to gain **construction loans** and fast bridging finance at competitive rates. There was a fall in landlord instructions pointing to a drop in supply of rental properties coming on the market for the 20th month in a row. On the back of the deteriorating imbalance between solid tenant demand and supply, rent expectations pointed to a further pick-up in the coming year. Average five-year projections imply rental values were expected to rise by 3.6 per cent per annum surpassing house prices, which were seen rising by 2.7 per cent on the same basis. The survey polled more than 300 estate agents in more than 600 ­branches last month. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** construction loans london, Development Finance Residential, fast bridging finance, Non status Briding Loans Uk --- ### [Plans for 1,300 new homes in Ripon, North Yorkshire](https://www.hankzarihs.com/development-loans-north-yorkshire/) **Published:** July 12, 2019 **Author:** Shiraz Khan **Content:** Land at Claro and Deverell barracks in Ripon is to be re-developed to offer 1,300 new homes and commercial space, **[Homes England](https://www.gov.uk/government/news/plans-announced-for-1300-new-homes-in-ripon)** and the Ministry of Defence, MoD, have announced. Harrogate borough council’s economy and culture director, Trevor Watson, said the authority’s local plan consultation had highlighted more high-quality and affordable housing was needed in the Ripon area. [![Fast Bridging Loans](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) “It’s encouraging to see the start of this project, between the different stakeholders, start to take shape,” he said. ## **More new homes needed in North Yorkshrie** Housing minister, Kit Malthouse, said: “We’re pulling every lever to deliver homes where they’re needed across the country, including transforming the site of the old Ripon barracks into more than 1,000 new homes for the people of North Yorkshire.” MoD defence infrastructure organisation’s estates head, Catherine Davies, said the ministry was committed to investing in a more ‘fit for purpose’ estate that would better serve armed forces needs. “This brings an exciting opportunity to deliver benefits to the local community on the Ripon Barracks site once it becomes surplus.” ### Development Loans – HZA Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said the development would offer homes in an area where there was high demand so house builders would be well placed to gain competitive construction and [property development loans](https://www.hankzarihs.com/development-finance/). The government’s housing accelerator, Homes England, is planning a series of community engagement events later this summer. It has already met with key stakeholders including Ripon city council and Harrogate borough council to discuss a vision for the site. The MoD announced closure of the barracks in 2013 with proposals to sell them in 2016. The barracks housed 270 married quarters. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Bridging Finance Uk, Construction Finance london, instant construction loans, property development loans --- ### [Planning appeal assignments speeded up to four weeks](https://www.hankzarihs.com/refurbishment-finance-assignments/) **Published:** July 12, 2019 **Author:** Shiraz Khan **Content:** **Refurbishment Finance News**:- Planning appeals are being assigned to an inspector within four weeks compared with an average of 13 weeks last year, but house builders have warned that local councils are still overloaded. The [**planning inspectorate**](https://www.gov.uk/government/news/update-on-performance-for-the-planning-inspectorate) said the reduction was due to 80 new inspectors being hired in November 2018. It added it was continuing to recruit with more senior inspectors anticipated to be in post by the autumn. [![Fast Bridging Loans](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) A new decision making model where planning officers would examine and make recommendations on less complex appeals, had been adopted. House builders welcomed the news but warned more was still needed to be done. The Home Builders Federation planning director, Andrew Whitaker, said: “It’s important that the planning system has a robust appeal system that is timely and efficient. It is therefore good news that improvements are taking effect.” ## **Local councils need to recruit more planners** The Federation of Master Builders agreed but said local councils needed more planning officers to deal with applications more efficiently to avoid relying on appeals. FMB chief executive, Brian Berry, said: “Planning fees were increased in January 2018 but our members haven’t noticed any improvement in the speed of communications or decision-making from their local offices. “The rate at which the construction industry is delivering new homes could be significantly improved if this funding was channelled into recruiting more planning officers so that the time taken to respond to emails and calls from developers was reduced. ” Berry said the housing ministry should accept the public accounts committee’s findings in its **[Planning and the broken housing market](https://publications.parliament.uk/pa/cm201719/cmselect/cmpubacc/1744/174405.htm)** report. The document calls for a set of actions by October 2019, including improving local planning departments, on how to achieve the 300,000 new homes target. ### Refurbishment Finance by HZA Brokers **[Hank Zarihs Associates](https://www.hankzarihs.com/news/)** said a speedier planning process would help SME house builders who were often operating on tight margins. This would also enable commercial development finance lenders to grant development and refurbishment finance more speedily. The inspectorate said it was seeing cases being determined on average within 22 weeks if older casework including kiosk appeals was excluded. It said it was confident it could hit its 18-week target for determining appeals via written representations by December 2019. For other casework it was expecting an uplift in performance of about 30 per cent, compared to November 2018, from April 2020 onwards. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Bridging Finance Calculator Uk, commercial development finance lenders, Development Finance, Refurbishment Finance Funding --- ### [Edinburgh house price growth sluggish in June](https://www.hankzarihs.com/development-finance-edinburgh-house/) **Published:** July 9, 2019 **Author:** Shiraz Khan **Content:** **Development Finance News:-** The Scottish capital’s annual house price growth slowed to 4.3 per cent in June, down from 7.6 per cent at the end of the first quarter of 2019, according to **[Knight Frank](http://www.knightfrank.rw/research/edinburgh-city-index-q2-2019-6494.aspx?search-id=f957c9fa-1b66-41d6-830a-587ee194752e&report-id=585&rank=1)** analysis. The estate agents said until now Edinburgh had been relatively unaffected by political uncertainty unlike other regional prime markets. [![Fast Bridging Loans](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) Knight Frank residential research associate, Oliver Knight, said: “Whilst a slowing of price growth in the prime Edinburgh market is a sign that both buyers and sellers in the city have become more cautious, it remains one of the strongest prime markets tracked by Knight Frank in the UK. “Properties that are priced to reflect current market conditions continue to attract buyers, something which is evidenced by Knight Frank figures showing the number of offers accepted between January and June 2019 was up 7.7 per cent year-on-year.” New listings across the whole market in Edinburgh was 15 per cent lower in the second quarter of 2019 compared to the same period in 2018. There was also a 12 per cent decline in new listings above £500,000 in the second quarter compared with 2018. Transaction times across the whole of the Edinburgh market have lengthened by 56 days so far this year – a 5.6 per cent increase compared with 2018. However, agents reported properties priced to reflect current market conditions continued to attract buyers. The number of offers accepted between January and June 2019 was 7.7 per cent higher year-on-year, while exchanges were also up – buoyed by a strong start to the year in the new homes market. ## Development Finance by HZA Brokers [**Hank Zarihs Associates**](https://www.hankzarihs.com/news/) said Edinburgh was still an attractive place and development finance lenders were keen to offer competitive [**construction loans**](https://activerain.com/blogsview/5280521/the-growing-property-trends-in-the-uk) for residential new build schemes. ### **Family houses in the suburbs popular** Demand for family houses close to the city centre was robust, especially in areas such as Murrayfield, Morningside and Newington. This was reflected in pricing, with Knight Frank’s index showing average values for houses rose 5.5 per cent in the year to June, compared with 2.4 per cent growth for flats. Country house prices in Scotland fell by 0.1 per cent in the second quarter – the first quarterly fall for two years. Annual growth remained positive, at 1.1 per cent. Modest annual increases in values were seen across the central belt, in the north and in the Borders. Rural locations within commuting distance of employment hubs were the stronger performers. The relative value on offer in prime Scottish markets compared to the rest of the UK should drive demand in 2019, said Knight Frank. Average prices in Scotland remain around 20 per cent off the pre-financial crisis peak in 2007. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Development Finance Lenders, House prices UK, instant bridging finance, Online construction loans --- ### [1,757 Homes To Be Built in Greenwich](https://www.hankzarihs.com/property-development-greenwich/) **Published:** September 23, 2019 **Author:** Shiraz Khan **Content:** Knight Dragon has ditched plans for a film studio on Greenwich Peninsula in favour of building an extra 1,757 homes of which 54 percent are to be affordable. The developers have applied for outline permission for the new homes to be built on 150 acres of land bounded by Hendon Street, Neal Street, West Parkside and John Harrison Way. They will be a mix of studio, one-bed, two-bed and three-bed homes. They’ve also submitted a detailed application to build 476 homes of which 60 percent must be affordable. Knight Dragon said the scale of the 20-year £8.4bn regeneration project meant revising 2015’s masterplan for the peninsula to adapt to new opportunities and challenges. “We will need to evolve to ensure what we create is suitable for what the city needs and the way we live now,” said a spokesperson. Knight Dragon said the approval of the Silvertown Tunnel and confirmation of a major film studio in Dagenham East, had meant revisiting the earlier masterplan. The total number of homes now proposed has risen from 15,730 to 17,487 in line with the draft London Plan. ## **Peninsula looks set to become a cultural hub** “We are currently looking at introducing a theatre space to strengthen the cultural offer on the peninsula and continue to support the London Plan’s ambition to enhance the arts, culture and entertainment provision in the capital,” said Knight Dragon. A 350-bed hotel, new GP surgery, two new schools, and a new bus station are all planned. An elevated 5 km garden walkway plus cycle routes connecting the north and south of the peninsula are included. A university is also being proposed for the area which will have seven distinct neighborhoods and 48 acres of public green space. ### Property Development by HZA Brokers Hank Zarihs Associates said lenders would be keen to offer property development funding in the form of construction loans and fast bridging finance for the new housing schemes. [![4 Banner](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner.gif "4-Banner - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) Greenwich council is expected to decide on the **proposals** by early 2020 which are estimated to create more than 6,516 new jobs. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** construction loans london, fast bridging finance, House prices UK, property development funding --- ### [Construction costs set to increase steeply over the next five years](https://www.hankzarihs.com/construction-costs-increase-steeply/) **Published:** September 24, 2019 **Author:** Shiraz Khan **Content:** **Construction Costs News**:-Building costs are forecast to rise by 20 percent over the next five years, according to **[calculations](https://www.rics.org/uk/news-insight/latest-news/news-opinion/building-tender-prices-forecast/)** by the Royal Institution of Chartered Surveyors’, RICS, consultant panel. The is set against a backdrop of increased new work output activity of 21 percent from 2019 to 2023 claims RICS’ business construction information service, BCIS. BCIS predicts a 3 percent rise over each of the first two years, then a 4 percent rise in the third year followed by a 5 per and 4 percent increase in the final two years. Construction materials prices are expected to rise by between 3 percent and 4 percent per annum over the forecast period. The average wage award is expected to be around 3 percent per annum over the first two years, rising by 5 percent over the following two years and by 4 percent over the final year. A BCIS spokesperson said: “It is assumed that modest growth in new work output will ensue for 2019, with output picking up in 2020. “Strong growth is expected over the following three years, driven primarily by very strong growth in the infrastructure sector, aided by growth in most of the remaining sectors, with a recovery expected in the private commercial sector from 2022. “Over the five years 2019 to 2023, new work output is expected to rise by 21 percent.” ## **Developers will need to gauge business plans accordingly** Brokers **[Hank Zarihs Associates](https://www.hankzarihs.com/news/finance-news/)** said SME builders should factor increases in labour and material costs when applying for construction loans and property development mortgages. [![4 Banner](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner.gif "4-Banner - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) Tender prices are expected to rise by 27 percent over the next five years with a 3 percent increase in the first year of the forecast, a 5 percent increase over the following two years and a 6 percent raise over the final year. Although BICS said the uncertainty over the outcome of Brexit negotiations could mean a revision on current assumptions. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** best bridging finance, bridging loan for property development, instant construction loans, property development mortgages --- ### [Glasgow ripe for further strong house price rise](https://www.hankzarihs.com/property-development-glasgow-ripe/) **Published:** September 19, 2019 **Author:** Shiraz Khan **Content:** **Property Development News:-** Scotland’s second city is catching up on the country’s capital when it comes to future house prices, according to property agent **[Savills](https://www.savills.co.uk/research_articles/229130/289913-0)**. The company reported a 3.9 per cent annual price growth for the second quarter of this year and a 9 per cent increase in buyers registering. But said supply was under pressure with 5 percent fewer properties available to buy compared with 2018. Scottish residential research director, Faisal Choudhry, said: “We believe there is capacity for further growth. Despite some examples of exceptional properties that have bucked the trend, average values across the city are still 5 per cent lower than the peak of 2007/08. This compares to values in other leading university cities across the UK, which have exceeded the peak by almost 20 per cent.” Activity in Glasgow’s prime residential market – properties for sale at £400,000 and above – remained stable with 1,219 transactions for 2019. This follows a 22 per cent rise in activity for the 12 months to June 2018. Savills said these figures were against a backdrop of a fall in prime new-build supply. “We expect the prime new-build market to recover in the coming year, as a number of developments in city and suburban locations that have been in the planning pipeline for a number of years have now come on stream and are unlocking pent-up demand,” said Mr Choudhry. The city centre accounted for 31 per cent of greater Glasgow’s prime activity during the last year. In Glasgow, 64 per cent of prime activity took place in the West End and surrounding Partick, Jordanhill and Park neighbourhoods. This combined area saw an 8 per cent annual rise in prime second-hand activity, led by the G11 and G13 postcodes which cover Partick, Broomhill and Jordanhill. In the southside hotspots of Pollokshields and Newlands, there were 75 prime transactions, which was the highest annual number since 2007/08. ## Property Development by HZA Brokers [**Hank Zarihs Associates**](https://www.hankzarihs.com/news/) said lenders’ appetite for property development funding was strong in Scotland particularly for developments in major cities such as Edinburgh and Glasgow. [![Fast Bridging Loans](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) East Renfrewshire’s prime market is expected to grow further as more completions take place at new-build developments in the sought-after suburb of Newton Mearns. Towards the north of Glasgow, East Dunbartonshire also saw a record number of prime transactions, 265, supported by a rise in new-build activity in Bearsden and Lenzie in particular. In Lanarkshire, towards the east of Glasgow, a rise in new-build activity stimulated the prime second-hand market, which saw a record 132 transactions over the last year. ### **Glasgow commuter belt areas look strong** Over the last 12 months, growth in transactional activity has spread out from the city of Glasgow and surroundings hotspots to the commuter locations of Lanarkshire, Inverclyde, Renfrewshire and West Dunbartonshire. Savills’ research shows annual house price growth in these areas averaged 6 per cent during June 2019 and a 7 per cent annual rise in transactions. The locations that have seen a significant rise in transactions are mainly on the periphery of [Glasgow](https://www.hankzarihs.com/glasgow/), as its sphere of influence spreads. Scotland’s residential market saw a 3 per cent rise in transactions pushing the annual number to just under 103,000 during the 12 months ending June 2019 – the highest number since 2008. Year-on-year growth in prime Scottish values during the second quarter of 2019 was 2 per cent higher compared with a drop of 0.4 per cent across the rest of the UK. However, Savills said that political uncertainty has led to longer selling times and slower house price growth in 2019 compared with last year for mainstream properties. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** 2nd charge loans, Bridging Loan london, House prices UK, property development funding --- ### [House price growth at its slowest in nearly seven years](https://www.hankzarihs.com/bridging-finance-house-price-growth/) **Published:** September 18, 2019 **Author:** Shiraz Khan **Content:** **Bridging Finance News**:-UK house prices grew by under 1 per cent in the year to July 2019 – their slowest rate since September 2012, according to the latest HM Land Registry **[figures](https://www.gov.uk/government/news/uk-house-price-index-for-july-2019)**. The average UK house price now stands at £232,710, an increase of 0.7 percent compared with July 2018 and an increase of 0.5 percent on the previous month. Wales showed the strongest house price growth of 4.2 percent with the average house priced at £165,303. **[Scotland](https://www.ros.gov.uk/about/news/2019/house-prices-in-scotland-grow-twice-as-fast-as-the-uk-average)** also performed well with 1.4 per cent growth in the 12 months to the end of July bringing the average value of a property to £153,968. Chief executive and co-founder of buy-to-let specialist Landbay, John Goodall, said: “In the context of the political and economic uncertainty facing the UK, this dip in house price growth comes as no surprise. Of the transactions that are going ahead, an increasing proportion of sellers are having to accept offers below their asking price – good news for buyers.” Yorkshire and the Humber experienced the greatest annual price rise, up by 1.9 per cent while the North East saw the largest annual price fall, down by 2.9 percent. House prices in London showed a modest recovery rising by 1 per cent since on the previous month despite their year-on-year 1.4 percent drop taking the average property value to £477,813. ## **Types of properties in London most like to feel the pinch** Detached houses in the capital saw the greatest annual price drop of 4 per cent compared with 1 per cent for flats and maisonettes. New build properties experienced the highest year-on-year drop in average prices of 3.4 per cent for May 2019 bringing the average price to £474,404. ### **Bridging Finance by HZA** Brokers **[Hank Zarihs Associates](https://www.hankzarihs.com/news/)** said commercial development finance lenders were offering instant bridging finance at good rates for builders waiting for the right moment to sell. [![Fast Bridging Loans](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) **[UK property transaction statistics for July 2019](https://www.gov.uk/government/statistics/monthly-property-transactions-completed-in-the-uk-with-value-40000-or-above)** showed on a seasonally adjusted basis, the number of transactions on residential properties with a value of £40,000 or more was 86,490. This is 12.4 per cent lower than a year ago and an 8.5 per cent drop on the previous month. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** commercial bridgning loan UK, Commercial Development Loan, Development Finance Lenders, instant bridging finance --- ### [House prices show surprise September dip](https://www.hankzarihs.com/development-finance-september-dip/) **Published:** September 16, 2019 **Author:** Shiraz Khan **Content:** Houses coming onto the market this month are dropping in price by an average of £730, according to the UK’s largest property website, **Rightmove.co.uk**. The 0.2 percent fall is the first drop for this time of the year since 2010 and the number of sales agreed has dropped to 5.5 percent in contrast to a 6.1 percent rise in sales a month ago. Rightmove said the number of properties coming on to the market was down by 7.8 percent this month compared to the same period a year ago. The estate agency added the average figures across the UK were being dragged down by a 20 percent drop of new properties in London. Director and housing market analyst, Miles Shipside, said uncertainty was heightening as the Brexit deadline gets closer. “The autumn bounce normally kicks off at the same time as kids go back to school, but this year it’s a late starter at best, and if uncertainty persists then the autumn term could be missed altogether and its activities be delayed until the new year.” Although he added that this was only a monthly snapshot and that the year-to-date figure showed average sales agreed numbers were only down by 3.4 per cent on a year ago. ## **The North bucks the South’s downward trend** The UK-wide 0.2 per cent fall was due to London properties coming to the market on average 2.1 percent cheaper than a year ago. The South East too was in negative territory with an average fall of 1.1 percent. Rightmove said all other regions had rising new seller asking prices with the North West the most buoyant with a 3.5 percent increase. Shipside added: “There’s obviously some year-on-year bounce occurring in prices in the North West, and also in the North East, Yorkshire and the Humber and Wales, which all have new sellers asking at least 3 percent more than at this time last year. Buyer affordability and investor activity create and maintain market momentum, but these factors are lacking in parts of the south.” ### Development Finance by HZA Brokers **Hank Zarihs Associates** said the underlying housing market was strong and that in most regions of the country prices had held up. It added that [development](https://www.hankzarihs.com/development-finance/) and refurbishment finance lending was still competitive for the right type of residential new build project. [![Fast Bridging Loans](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** best bridging loans, Bridging Loan london, Development Finance, instant refurbishment finance --- ### [Development partner search is on for key north London site](https://www.hankzarihs.com/property-funding-north-london/) **Published:** September 9, 2019 **Author:** Shiraz Khan **Content:** **Property Funding News:-** The hunt is on for a development partner to mastermind the building of at least 700 homes at St Ann’s hospital site in Haringey. The Mayor of London, Sadiq Khan, has bought two-thirds of the land, 7.1 acres, at the hospital to build up to 800 new homes of which 60 percent must be affordable. The receipts from the sale have allowed the hospital trust to invest in building new facilities for patients. Deputy mayor for housing and residential development, James Murray, said: “St Ann’s is a very exciting project, which we have made sure will see hundreds of genuinely affordable homes built – including council homes, homes for social rent, and community-led housing. We are showing what can be done with the public sector taking a clear lead. ” Out of the affordable homes, 60 percent will be at social rent levels, 20 percent will be London living rent, 20 percent shared ownership and 50 homes will be set aside for community-led housing. Greater London Assembly, GLA, member for Enfield and Haringey, Joanne McCartney, said: “Going forward it is essential that the chosen developer works closely with the local community to create an exemplar housing scheme.” ## **New development will accommodate key workers The development will also deliver key worker housing for NHS staff, with nominations for at least 22 homes for London living rent given to the Barnet, Enfield and Haringey Mental Health Trust for ten years. ### Property Funding by HZA Brokers **Hank Zarihs Associates** said the site was in a prime London spot and that **development finance lenders** would be keen to offer property funding and construction loans for such a project. [![Fast Bridging Loans](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) Mr. Khan’s intervention has boosted the number of affordable homes on the site by five times compared to the existing planning permission, which included around 400 homes of which just 14 percent were to be affordable. The GLA has launched a joint expression of **interest** and sifting brief to the new London development panel. It hopes to appoint a development partner by spring 2020, with the building to start on-site by the end of March 2022. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Bridging Finance Leads, construction loans london, instant construction loans, Online Property Loans --- ### [London backs trade union construction charter](https://www.hankzarihs.com/development-loans-london-construction/) **Published:** September 11, 2019 **Author:** Shiraz Khan **Content:** **Development Loans News:-**The [**Mayor of London**](https://www.london.gov.uk/press-releases/mayoral/mayor-backs-unite-construction-charter), Sadiq Khan, has said all major developments under council control should comply with Unite’s construction charter. The charter outlaws poor construction practices as well as protecting workers’ employment rights and complying with health and safety standards. Deputy mayor for housing and residential development, James Murray, said: “The charter means workers and residents can be confident that projects we are involved with will follow best practice on conditions and pay for construction workers, and I urge other authorities to join us.” The charter ensures building contractors and sub-contractors working on Greater London Assembly, GLA, developments will provide apprentice training and the industry rate of pay to workers. Mr. Murray added this would include major GLA projects such as the **residential re-development of St Ann’s hospital** site in Haringey, north London. Unite regional secretary for London and Eastern, Peter Kavanagh, said the charter would combine the GLA’s procurement power with the union’s influence in the workplace to ensure high standards. “Workers will have the right to speak out on safety issues and be paid a fair rate for the job. The charter means there will be no blacklisting of workers.” He added the charter would protect people from bogus self-employment scams and ensure construction workers were directly employed. Unite is Britain and Ireland’s largest trade union with over 1.4 million members working across all sectors of the economy. ## **Other London councils follow suit** The London borough of Newham also signed up to the charter today with Barking and Dagenham local authority enlisting in July. Mayor of Newham, Rokhsana Fiaz, said without ‘hard-working’ builders the council would not be able to hit its housing and regeneration targets. “The charter will not only improve employment standards for construction workers employed by this council but also ensure that building projects undertaken by the council are delivered to the highest standard.” ### Development Loans by HZA Brokers **Hank Zarihs Associates** said commercial development finance lenders would welcome an initiative aimed at raising standards. [![Fast Bridging Loans](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) The building industry is currently working on developing an independent code of practice to drive up quality and increase consumer protection. The sector also plans to engage an ombudsman body that would provide dispute resolution services. In July the GLA launched its good work standard scheme to encourage fair pay and conditions with every London employer to pay at least the capital’s minimum living wage of £10.55 an hour. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** 2nd charge bridging loan, commercial development finance lenders, equity funds london, houses prices in UK --- ### [Nearly £2m pledged to combat rogue developments on the green belt](https://www.hankzarihs.com/commercial-loans-green-belt/) **Published:** September 13, 2019 **Author:** Shiraz Khan **Content:** **Commercial Loans News**:-Housing minister, Esther McVey, has **[earmarked](https://www.gov.uk/government/news/cash-boost-to-crackdown-on-illegal-building-on-nation-s-green-belt)** nearly £2m for local authorities to crack down on illegal developments on green belt land. The funds will enable councils to use technology, hire enforcement officers and help meet the legal costs of bringing rogue developers to book. Speaking at the RESI conference in Newport, Ms McVey said the money would be given to areas with the highest proportion of green belt land. “Once the green belt is built on it’s often gone for good that’s why we are determined to protect it. The public has told us loud and clear they want it kept for future generations to enjoy.” She announced that 37 **[councils](https://www.google.com/maps/)** in areas with significant green belt land would be receiving up to £50,000 each to help with the clampdown on the problem. ## Commercial Loans by HZA Brokers **[Hank Zarihs Associates](https://www.hankzarihs.com/news/)** said bona fide developers would welcome measures to stop developments without planning permission. The brokerage added commercial development finance lenders won’t offer construction loans nor fast bridging finance to schemes without planning permission. [![Fast Bridging Loans](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ### **The green belt has shrunk over the last seven years** The ministry of housing, communities and local government, MHCLG, statistics show the green belt was 16,295 sq km at the end of March 2018 – 100 sq km fewer than it was in 2010-11. Research suggests the number of homes being built on the green belt has been increasing. According to construction researchers, Glenigan, there were 8,143 homes built on the green belt in 2017-18 – a 92 per cent increase on the previous year. In an update to the national planning policy framework last year, the government restated its commitment to protecting the green belt. MHCLG is teaming up with the Royal Town Planning Institute to overhaul the national enforcement handbook. The updated handbook will provide the latest best practice and expertise on shutting down illegal building and preventing it from happening. It will also help ensure developers obtain full planning permission before a shovel hits the ground. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** commercial development finance lenders, fast bridging loans, instant construction loans, UK House Market --- ### [First-time buyer interest still in positive territory](https://www.hankzarihs.com/bridging-finance-first-time-buyer/) **Published:** September 12, 2019 **Author:** Shiraz Khan **Content:** **Bridging Finance News**:- New buyer enquiries for August showed a slight rise following a couple of months’ modest increases, according to the latest RICS’ residential market **survey**. The Royal Institution of Chartered Surveyors’, RICS, questionnaire of members working in residential sales and lettings showed a net balance of plus 3 percent for first-time buyer interest in August. Newly agreed sales, however, inched slightly further into negative territory of minus 8 percent compared with minus 6 percent previously. RICS chief economist **Simon Rubinsohn said the market had weathered Brexit uncertainty well.** “The key RICS activity indicators have actually remained relatively resilient until now pointing to only a modest dip in transactions across the country rather than anything more severe.” Wales and the North East respondents reported a solid increase in sales for August with the Midlands and the South East showing the weakest momentum. Nationally the average time to conclude a sale from initial listing to completion was 18 weeks – a week less than at the start of the year. ## **Longer-term outlook is brighter** Near term sales expectations’ net sale balance fell from minus 4 percent to minus 23 percent in August, representing the poorest return since February this year. However, forecasts were more positive in the long term. A net balance of plus 5 percent thought sales would rise over the next 12 months, although this was down from plus 12 percent and plus 22 percent in July and June respectively. New instructions were more or less flat over August marking the third consecutive month where fresh listings saw little change. Contributors continued to report that the number of appraisals made was down compared with the same period a year ago. House prices came in at a minus 4 percent net balance – slightly better than July’s minus 9 percent. Scotland, Northern Ireland, and Wales experienced firm house price inflation while London, the South East, and East Anglia continued to report a decline. The North East also returned a negative reading for August. The outlook over the next three months for house prices was negative with a net balance of minus 24 percent. However, predictions for the next 12 months were optimistic with a positive 12 percent net balance. Respondents’ sentiment was strongest in Northern Ireland, Scotland, and Wales but with prices expected to continue to fall in London with a steadier trend emerging in the South East and East Anglia. ### Bridging Finance by HZA Brokers **Hank Zarihs Associates** said development finance lenders were continuing to offer **construction loans** and instant bridging finance at good rates to new build residential schemes. [![Fast Bridging Loans](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) August ‘s results for lettings showed tenant demand increased for an eighth month in succession, as a net balance of plus 23 percent of contributors cited a pickup. However, landlord instructions remained in decline, an ongoing trend stretching back to 2016. The survey sample covered 750 surveyor branches with 361 respondents. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Bridge Finance London, construction loans london, Development Finance Lenders, instant bridging finance --- ### [New building orders in the doldrums for Q2](https://www.hankzarihs.com/bridging-finance-doldrums/) **Published:** September 10, 2019 **Author:** Shiraz Khan **Content:** **Bridging Finance News:-**New construction orders fell by 13.3 percent in the second quarter of 2019, according to Office for National Statistics’ **[data](https://www.ons.gov.uk/businessindustryandtrade/constructionindustry/bulletins/constructionoutputingreatbritain/july2019andnewordersapriltojune2019)**. This reversed the first quarter’s 10.4 percent increase and the ONS said this was driven by a 17 percent decline in all other work apart from infrastructure. All sectors apart from infrastructure experienced a decrease in comparison with the first quarter of 2019. The decline in new work was due to a fall in public other work and private housing with decreases of 6.2 percent and 0.5 percent respectively. These were offset by an increase in public new housing of 6.8 percent. Building output decreased by 0.8 percent in the three months of May to July, driven predominately by a fall in repair and maintenance of 2.2 percent with a slight decline of 0.1 percent in new work. The fall in repair and maintenance was largely due to a 6.3 percent decline in private housing repair and maintenance. Non-housing repair and maintenance represented a smaller 0.6 percent contribution. ## **July’s figures offer a glimmer of hope** However, construction output increased by 0.5 percent for July compared with May, thanks to a 0.8 percent increase in new work with growth in repair and maintenance remaining flat. ### Bridging Finance by HZA Brokers **[Hank Zarihs Associates](https://www.hankzarihs.com/news/)** pointed out that July’s increase, coupled with a 0.3 percent gain in gross domestic product, was a sign the economy would return to growth in the third quarter. The brokerage added commercial development finance lenders were open for business offering competitive [**construction loans**](https://www.hankzarihs.com/fast-non-status-bridging-loans/) and fast bridging finance. [![Fast Bridging Loans](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) The monthly survey collects output by sector from businesses in the construction industry within Great Britain. Output is defined as the amount chargeable to customers for building and civil engineering work done in the relevant period, excluding value-added tax and payments to subcontractors. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Bridge Finance Uk, commercial development finance lenders, construction loans london, fast bridging finance --- ### [Reverse VAT changes postponed for a year](https://www.hankzarihs.com/commercial-finance-vat-changes/) **Published:** September 9, 2019 **Author:** Shiraz Khan **Content:** **Commercial Finance News:-** The building industry has won a one-year reprieve from reverse charge VAT, the taxman has announced. Her Majesty’s Revenue and Customs, HMRC, has deferred the changes until October 2020 following intense lobbying by the construction sector. Last month a coalition of trade bodies wrote to the chancellor, Sajid Javid, asking for a six-month delay to the introduction which was supposed to happen this month. They warned contractors’ cash flow would be badly affected if customers paid directly to HMRC rather than the supplier. The Federation of Master Builders, FMB, said it was pleased the government had taken a pragmatic approach. Chief executive, Brian Berry, said had reverse VAT been introduced this month the results could have been disastrous given the possibility the UK could leave the EU by the end of October with ‘no-deal’ terms. “The situation hasn’t been helped by the poor communication and guidance produced by HMRC. Despite the best efforts of construction trade associations to communicate the changes to their members, it’s concerning that so few employers have even heard of reverse charge VAT.” ## **Extra year to prepare** The FMB said its research published in July, showed more than two-thirds of respondents had not heard of the VAT changes and of those who had, around the same number hadn’t prepared. **The Federation of Small Businesses, FSB, said the postponement decision was evidence the government had listened to SME concerns.** **National chairman, Mike Cherry,** said: “With small construction businesses already suffering due to unprecedented uncertainty, slowing growth and rising costs, this was clearly not the right moment to hit them with the reverse charge. “Small firms in this sector are already disproportionately impacted by late payments. Roll-out of this change without due care will make a bad situation worse, restricting cash flow and threatening the futures of many.” ### Commercial Finance by HZA Brokers **[Hank Zarihs Associates](hankzarihs.com/news/)** said commercial development finance lenders would be relieved that smaller builders now have more time to change their accounting systems. [![4 Banner](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner.gif "4-Banner - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) HMRC argues the changes would remove the scope for fraudsters to steal VAT due to HMRC. It said the decision to delay reverse VAT was to give businesses more time to prepare and to avoid the changes coinciding with Brexit. It said it would work closely with contractors to raise awareness and provide additional guidance and support for the new implementation date. HRMC said it recognised that some businesses would have already changed their invoices to comply with reverse charges. It said these businesses could reverse this by using the appropriate stagger option on its website. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** 2nd charge loans, best bridging loans, Bridging Finance Uk, commercial development finance lenders --- ### [House building shows slight decline in August](https://www.hankzarihs.com/development-finance-house-building/) **Published:** September 3, 2019 **Author:** Shiraz Khan **Content:** UK construction activity has contracted for the fourth successive month as Brexit unpredictability sharpens. The IHS Markit purchasing managers’ **[index](https://www.markiteconomics.com/Public/Home/PressRelease/0eb246b93e744b8c9c7dd33596b6264c?s=1)** fell to 45 in August down slightly from 45.3 in July and below the 50 no-change threshold. IHS Markit economics associate director, Tim Moore, said: “Construction companies noted that rising risk aversion and tighter budget setting by clients in response to Brexit uncertainty had held back activity, particularly in the commercial sub-sector.” Building firms indicated a slide in business optimism for the second month running in August, with the degree of positive sentiment the weakest since December 2008. Concerns about the business outlook were attributed to domestic political uncertainty and a corresponding drop in client spending. Chartered Institute of Procurement and Supply group director, Duncan Brock, said a weakened UK economy was why business confidence was at its lowest since the recession. “The reality is, if a revival of confidence and a flood of new orders return to the construction sector in the coming weeks, much like a large tanker turning in a dock, there is little room for the sector to improve in the last quarter of the year. It’s likely September’s data will be even more discouraging.” ## **Residential construction the least affected** Commercial building decreased the most with house building’s decline the least marked since the downturn began in June. ### Development Finance by HZA Brokers **[Hank Zarihs Associates](https://www.hankzarihs.com/news/finance-news/)** said housing shortages meant development finance lenders were still in business for offering competitive construction loans and short-term bridging finance. [![Fast Bridging Loans](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) Employment was relatively resilient in August with only a marginal drop in staff levels since April’s downturn in payroll numbers. Construction companies noted that tight labour market conditions had encouraged the retention of skilled staff. The survey showed cuts to headcounts were achieved by non-replacement of voluntary leavers. Mr Brock added: “Job creation remained fairly steady as companies strived to retain talent and the anxieties of further price rises for materials eased slightly which offers some respite for construction margins.” Input buying decreased for the fifth consecutive month in August, representing the longest period of decline since the first half of 2013. Softer demand for construction products and materials helped to alleviate supply chain pressures, with delivery delays from vendors among the least widespread for three years. Input cost inflation moderated to its lowest since March 2016. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** best bridging loans, construction loans london, Development Finance Lenders, Short-Term Bridging Loan Specialists --- ### [Housing delivery in London still way off-target](https://www.hankzarihs.com/construction-loans-housing-delivery/) **Published:** September 4, 2019 **Author:** Shiraz Khan **Content:** **Construction Loans News:-** New residential build in London is at near-record levels for the second quarter of 2019 despite being way below London’s draft plan goal of 65,000 new homes a year, claims property agents **[Savills](https://www.savills.co.uk/research_articles/229130/289201-0)**. A total of 40,735 energy performance certificates, EPCs, for new builds were issued for May to June – an 8 per cent year-on-year rise, although a slight fall on the previous quarter. Residential development researchers Molior reveals sales for private units on sites of more than 20 homes is at 23,554 in the 12 months to the end of June in 2019 – a 10 per cent year-on-year increase. However, the number of homes being built in London is rising at a slower rate than other regions. The figures are also well below Savills’ need estimate of 94,000 new homes a year. ### Construction Loans by HZA Brokers **[Hank Zarihs Associations](https://www.hankzarihs.com/news/finance-news/)** said development funding for projects in the right locations was strong with construction loans and short-term bridging finance available at competitive rates. [![Fast Bridging Loans](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) Savills said new starts and sales in the mainstream market of below **£1,000 per square ft had** **continued to slip.** Acting head of London research, Edward Green, said: “In the year to the end of June 2019, there were around 16,000 private construction starts in the mainstream market on sites greater than 20 units. This represents a fall of 33 per cent year-on-year fall and the largest drop since the end of 2016.” ## **Prime new build sales increase** In the **prime market of above** **£1,000 per square ft the number of starts are back down to 2012 levels, but sales have increased on an annual basis for the first time since 2017. Construction starts have continued to fall, with around 2,400 starts recorded in the year to the end of the second quarter of 2019. This represents an annual fall of -45 per cent, and by-19 per cent on a quarterly basis. Prime starts have remained at under 3,000 units for the last three quarters, the lowest they have been since 2012. The Greater London Assembly will release the next figures for net conventional completions later this summer. Their latest release showed that from 2012 to 2017, the net supply of affordable homes has remained relatively stable, peaking at 7,610 in 2012-13, and only marginally falling below 7,000 once in 2015-16. However, these figures are still significantly lower than the peak of 2008-09, which saw 10,839 affordable homes delivered in London. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** best bridging finance, non status bridging loans uk, Short Term Bridge Finance, Short-Term Bridging Loan Specialists --- ### [Housebuilders cash contributions to get local residents’ recognition](https://www.hankzarihs.com/construction-loans-housebuilders-cash/) **Published:** September 2, 2019 **Author:** Shiraz Khan **Content:** **Construction Loans News**:-New planning rules enabling residents to see how housing developers’ money has been spent in the community have come into force. The government passed legislation on September 1st requiring councils to publish the details of deals done with housing developers so residents can see how the money will be spent. Housing minister, Esther Mc Vey, said: “The new rules will allow residents to know how developers are contributing to the local community when they build new homes – whether that’s contributing to building a brand-new school, roads or a doctor’s surgery that the area needs.” In 2016 and 2017 builders paid £6bn towards local infrastructures such as roads, schools, GP surgeries and parkland. Councils will be required to publish an annual report on the all the community infrastructure levy, CIL, agreements entered into with developers from December 2020. The Federation of Master Builders chief executive, Brian Berry, agreed local communities often didn’t recognise what builders have done. “The new requirements will mean that local residents will become more aware of the benefits that new housing developments can bring to an area and hopefully help to prevent blockages in the overburdened planning system which is becoming a major problem.” ## **More funding needed for planning authorities** Mr Berry called for the government to better resource planning departments so that development applications could be sped up for smaller housebuilders. “The Chancellor needs to dedicate more resources in the upcoming spending round to local authority planning departments so that support is more forthcoming to local builders to build us out of the housing crisis.” The Local Government Association said it supported the principle of infrastructure funding statements from councils and that many authorities already do this. The planning spokesman, Cllr David Renard, said: “This work needs to be fully funded and councils also need sufficient lead-in time. “The government should further reform the community infrastructure levy in the upcoming spending round. “This includes removing national exemptions – which reduce the amount of funding to invest in critical infrastructure to facilitate development – and allowing them to be decided by councils at a local level.” National exemptions include self-build, social housing developments and charities who need to build a scheme for their organisation’s work. New **[planning practice guidance](https://www.gov.uk/guidance/community-infrastructure-levy)** has also been published today to help communities and developers understand what is required. The regulations are aimed at making it faster for councils to introduce the CIL. ### Construction Loans by HZA Brokers **[Hank Zarihs Associates](https://www.hankzarihs.com/news/finance-news/)** said if the new rules speeded up the planning then development finance lenders would be better placed to offer more construction loans and fast bridging finance. [![Fast Bridging Loans](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) The government also said restrictions would be eased to allow councils to fund single, larger infrastructure projects from the cash received from multiple developments, giving greater freedom to deliver complex projects. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** best bridging finance, bridging loans london, instant construction loans, property development lenders --- ### [Extra £180k premium to buy a house close to a top notch school](https://www.hankzarihs.com/bridging-finance-notch-school/) **Published:** August 29, 2019 **Author:** Shiraz Khan **Content:** **Bridging Finance News**:- Exceptional schools boost house price values by as much as £180,000 according to a study by online mortgage broker [**Trussle**.](https://trussle.com/) Ofsted has identified 703 outstanding rated state secondary schools, academies and colleges across **England**. Trussle found average asking prices in the same postcode areas as these schools was £427,116 – £180,116 more than the average house price in England of £247,000. Chief executive, Ishaan Malhi , said: “Living near to good schools is a priority for many parents – be it within the catchment area of certain schools or to reduce the amount of time ferrying children back and forth each day.” West London has some of the best schools but properties there are among the most expensive. For example, to move near Holland Park School parents typically need to buy a home worth £3.42m. In fact, 19 of the 20 most expensive areas with outstanding state schools are in London. However, there were areas of London under the capital’s average house price tag of £467,000 which have outstanding schools. Trussle found South Norwood, where the average house price is £356,639, had London’s best value school, the Harris Academy. ### Bridging Finance by HZA Homes close to more than three quarters of England’s best rated state schools have asking prices higher than England’s £247,000 average. Brokers **[Hank Zarihs Associates](https://www.hankzarihs.com/news/finance-news/)** said this was something development finance lenders took into account when offering construction loans for new residential schemes. [![Fast Bridging Loans](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ## **Bradford offers the best value** Across England, there are 167 top-rated state schools with homes valued under the national average price of £247,000. Out of all of the top-rated state schools in the country, Feversham Academy and Carlton Bolling College – both in Bradford, have the cheapest nearby house prices – an average of £91,634. Overall, six outstanding-rated schools in Bradford appear in the cheapest ten areas of the country. “It’s certainly worth parents who are considering their child’s future education weighing up the options available to them. Outside of London, there are over 160 top-rated schools with house prices in the area being under the national average,” said Malhi. Ofsted rates schools as outstanding if they ‘provide exceptionally well’ for their pupils’ needs and ‘prepare them for the next stage of their education or employment at the highest possible level’. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** best bridging finance, construction finance, Development Finance Lenders, Development Finance Uk --- ### [Bermondsey in south London set to get 86 luxury flats](https://www.hankzarihs.com/bridging-finance-bermondseyd/) **Published:** August 27, 2019 **Author:** Shiraz Khan **Content:** **Bridging Finance News**:- An £83m mixed-use development of 86 luxury flats and 143 apart-hotel residences in Bermondsey, south London, has got the go ahead from Southwark council. The scheme is the latest joint venture for developers **[Galliard Homes](http://www.galliardhomes.com)** and Acorn Property Group. The Newhams Yard development off Tower Bridge Road will comprise three towers of up to ten storeys around a public courtyard with shops, restaurants and office services on the ground floor. Galliard Homes sales director David Galman, said: “The scheme will create a new communal hub for the local area with a variety of cafes, restaurants and retail opportunities which we anticipate will be very popular with local residents. We look forward to bringing our plans for stylish homes at Newhams Yard to life.” The development has been designed with sweeping curves to maximise natural light and open-plan living for the studio, one, two and three-bedroom homes and apart-hotel residences. The hotel is to be operated by the Serviced Apartment Company. The first phase of the development is due to be finished by 2020. The plans also provide for a café, co-working space and a gym. The ground floor of each building will offer retail and restaurant space, creating a new communal hub. ## **Development in key spot** The scheme is next to the grade II listed St Mary Magdalen Church with the new flats looking out on to the churchyard. Newhams Yard is a 12-minute walk from London Bridge Station railway station and the Northern and Jubilee tube lines giving swift access to The City, Canary Wharf and central London. [![Fast Bridging Loans](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ### **Bridging Finance by HZA** [Financial intermediaries Hank Zarihs Associates](https://www.hankzarihs.com/) said the initiative was in a prime location with lenders keen to offer competitive construction loans and instant bridging finance. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Bridge Finance London, construction loans london, houses prices in UK, instant bridging finance --- ### [London house prices drop in June while the regions flourish](https://www.hankzarihs.com/uk-house-prices-london/) **Published:** August 14, 2019 **Author:** Shiraz Khan **Content:** **UK House Prices News**:- London experienced the biggest annual house price fall of 2.7 per cent in June, while Wales recorded the highest year-on-year rise of 4.4 per cent. The Land Registry house price [**index**](https://www.gov.uk/government/news/uk-house-price-index-for-june-2019) showed Northern Ireland’s prices at the end of the second quarter, April to June, increasing by 3.5 per cent compared with the same period in 2018. In England there was a modest monthly rise of 0.7 per cent and a yearly one of 0.9 per cent, the lowest increase since November 2012, taking the average property value to £246,728. Despite London’s poor year-on-year performance the capital’s prices rose in June by 0.7 per cent compared with May. Economic forecasters EY ITEM Club predicts house prices rising by 2 per cent in 2020 if the UK leaves the EU with a deal. It added this could be further bolstered if the government decides to cut stamp duty in autumn’s budget. However, if the UK crashes out of the EU on October 31st with no deal prices could drop by 5 per cent. EY ITEM Club chief economic advisor, Howard Archer, said the housing market had been supported by a shortage of properties and low interest rates but warned this could change. “It looks questionable whether the labour market and earnings growth will sustain their recent strength over the coming months as companies are faced by a soft economy, domestic political and Brexit uncertainties and a challenging global environment.” ## **Mortgage approvals hit five-month high** Brokers **[Hank Zarihs Associates](https://www.hankzarihs.com/news/finance-news/)** said the housing market was proving resilient evidenced by Bank of England mortgage approval [**figures**](https://www.bankofengland.co.uk/Statistics/money-and-credit/2018/june-2018) of 66,000 in June – their highest level since January. The brokerage said property development lenders were still offering competitive construction loans and short-term bridging finance for the right projects. [![Fast Bridging Loans](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) The East Midlands recorded the highest annual rise of 3.2 per cent while the North East showed the best monthly rise of 1.7 per cent. The South West revealed the most significant monthly drop of 0.4 per cent in prices. Monthly house prices in Wales rose by 1.2 per cent taking the average property value to £163,768. Scottish house prices continued to out-perform the UK average with year-on-year increases of 1.3 per cent bringing the average house price to £151,891. House prices in Scotland rose by 0.7 per cent between May 2019 and June 2019. UK property transaction statistics for June 2019 showed a year-on-year drop of 16.5 per cent with just 84,490 sales. Between May 2019 and June 2019, transactions on residential properties decreased by 9.7 per cent. But Scotland showed a rise with 7,812 transactions for April 2019 revealing a 6 per cent increase on the same month in 2018. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** best bridging loans, instant construction loans, property development lenders, short term bridging finance --- ### [Herts urban village of 1,725 homes project gets green light](https://www.hankzarihs.com/construction-loans-herts-urban/) **Published:** August 7, 2019 **Author:** Shiraz Khan **Content:** **Construction Loans News**:-The Cheshunt Lakeside development to build 1,725 homes on the former Hertfordshire headquarters of supermarket chain Tesco gained planning consent this week, August 5. Broxbourne borough council granted permission for the £620m scheme following the signing of a section 106 agreement with brown field developers Inland Homes. The company’s chief executive, Stephen Wicks, said the news was an indicator of effective collaborative work with local councils. “With the terms agreed, we are now eager to start construction and transform this former industrial site from its somewhat decrepit state into a thriving residential and business community of which we can all be proud.” Inland Homes is to create a new urban village of 1,725 homes on the 30-acre site around Delamare Road which will also include 19,000 sq ms of commercial space and a new primary school. ## **Village in key commuter location** Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/news/finance-news/) said development finance lenders would be particularly interested in offering [**best construction loans**](https://www.homesgofast.com/Home-and-Decor/uk/blog/increasing-your-property-saleability-with-design-features) for a scheme in a prime London commuter spot close to the local railway station. [![4 Banner](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner.gif "4-Banner - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ### Construction Loans:- HZA The development will include upgraded public infrastructure and community facilities worth more than £14m, including affordable housing, a new road and bus route, and upgrades to Cheshunt railway station. It is estimated the scheme will create up to 1,150 jobs on-site in addition to 250 construction jobs, helping to boost the local economy by up to £16m per year. Demolition of existing buildings on-site, including the former Tesco headquarters, is due to begin before the end of the year. Inland Homes will submit its first reserved matters application for the delivery of 195 homes in the autumn. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** construction loans london, Development Finance Lenders, Development Loan Uk, house prices in london --- ### [Construction industry demands delay on reverse VAT](https://www.hankzarihs.com/bridging-loans-reverse-vat/) **Published:** August 9, 2019 **Author:** Shiraz Khan **Content:** Many smaller house builders could go out of business if domestic reverse charge VAT is introduced on October 1st, a coalition of construction trade bodies has warned. Fifteen associations have signed a letter sent to the chancellor, Sajid Javid, this week urging the new rules be postponed for a minimum of six months. They claim the changes could lead to a loss of productivity, reduced cash flow and in the worst cases, lead to a hit on jobs, tipping some companies over the edge, particularly small businesses. Federation of Small Businesses policy and advocacy director, Craig Beaumont, said: “The reverse charge threatens to massively damage cash flow among small construction firms, many of which already struggle to stay afloat in an industry dogged by late payments.” Reverse charge VAT means the customer pays the tax to revenue and customs instead of the supplier. The reverse charge applies through the supply chain where payments are required to be reported through the construction industry scheme. Mr Beaumont added: “What’s more, preparation time has been minimal – guidance on the change has only appeared recently, yet roll-out is just two months away. With uncertainty already hurting small business confidence, the government should do the sensible thing and postpone introduction of the reverse charge.” Federation of Master Builders chief executive, Brian Berry, said they were urging the government to rethink the introduction date. “With a potential no-deal Brexit also due to take place in October, the timing could not be worse,” he said. ## **More support needed** As well as postponing the changes, trade bodies would like to see an industry-wide communications campaign launched. They want workshops across the country to explain the new rules to employers plus specific guidance on how to reduce the impact on cash flow. They are also calling for support for those who face financial difficult as a result of reverse charge VAT. Finishes and Interiors Sector chief executive, Iain Mcllwee, said: “Credit in construction is already tight and with few lifelines from traditional financiers, further drains on cash will be fatal for some companies – this is almost impossible to prepare for.” ### Bridging Loans by HZA Brokers **[Hank Zarihs Associates](https://www.hankzarihs.com/)** agreed the changes would pose a challenge for SMEs but that development finance lenders would be able to offer support with fast **bridging loans** and other flexible funding options. [![4 Banner](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner.gif "4-Banner - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) The government said the new measures were to counter fraud and that consultation had started in 2017. An HMRC spokesperson said: “We knew that this was a big change for the construction sector which is why there has been a longer lead in time than usual to give businesses more time to prepare. We have been engaging regularly with those affected plus their representatives. “We are planning to contact businesses that could be affected and encourage those in the sector to contact their own suppliers to cascade this information, and to read up on the changes on the gov.uk website.” The other signatories to the letter included: the British Construction Steelwork Association, Build UK, Building Engineering Services Association, Civil Engineering Contractors Association, Construction Products Association, Electrical Contractors’ Association, SELECT (Scottish electrical contractors), Lift & Escalator Industry Association , National Federation of Builders , Scaffolding Association, Scottish & Northern Ireland Plumbing Employers Federation and the Specialist Engineering Contractors’ Group. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Bridging Finance London, Development Finance Lenders, fast bridging loans, UK house prices --- ### [House price growth dips in July](https://www.hankzarihs.com/commercial-property-finance-july/) **Published:** August 7, 2019 **Author:** Shiraz Khan **Content:** **Commercial Property Finance:-**:- House prices dropped marginally in July by 0.2 per cent compared with the previous month, according to the Halifax house price **[index](static.halifax.co.uk/assets/pdf/mortgages/pdf/July-2019-Halifax-House-Price-Index.pdf)**. This was the second successive month of a fall with June’s figures 0.4 per cent down on the previous month. However, for the three months leading up to the end of July there was a year-on-year growth of 4.1 per cent bringing the average [**UK house price**](https://blog.businesscasestudies.co.uk/4080/are-bridging-loans-truly-becoming-more-popular-in-2019/) to £236,120. Halifax managing director, Russell Galley, said: “While economic uncertainty continues to weigh on the market, the overall trend actually remains one of comparative stability, with average prices down by less than £600 over the last three months.” He said although there was a drop off in the number of properties sold in the early summer new buyer enquiries were up and low interest rates and strong wages would underpin prices. ## **Future prices look hard to predict** Galley added: “In the longer-term, we believe there is unlikely to be a step change in market activity until buyers and sellers see some form of resolution to the current economic uncertainty.” Government figures showed year-on-year, UK seasonally adjusted residential transactions in June 2019 were approximately 16.5 per cent lower than June 2018. Mortgage approvals remain steady at just slightly above the 12-month average. Bank of England industry-wide figures show the number of mortgages approved to finance house purchases rose by 793 from May to 66,440 in June. ### Commercial Property Finance by HZA Brokers [**Hank Zarihs Associates**](https://www.hankzarihs.com/news/finance-news/) said property development funding was still strong for new residential schemes in areas where there was a housing shortage. [![Property Development Loans](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner-2.gif "4-Banner (2) - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) Royal Institution of Chartered Surveyors’ residential market survey for June showed sales to stock ratio decreased slightly to 30.9 per cent with agreed sales rising to a positive figure for the first time in 11 months. Economic forecasting group EY ITEM Club predicts house prices rising by around 2 per cent over 2020 if the UK leaves the European Union with a deal by the end of October. However, if the UK leaves without a deal prices are expected to drop by about 5 per cent. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Development Finance Jobs London, Development Loan Uk, property development funding, Second Charge Loans --- ### [Leicester tops UK city house price index with 5 percent growth](https://www.hankzarihs.com/construction-loans-uk-city/) **Published:** September 27, 2019 **Author:** Shiraz Khan **Content:** **Construction Loans News:-** House prices in Leicester have grown by 4.8 percent while Aberdeen has seen a 4 percent fall, according to the latest figures from Zoopla’s UK cities **index**. The property website said a 1.9 percent increase in house prices across the 20 cities studied reflected more sustainable growth levels. It added it was the first time in seven years that the fastest growing city had increases of below 5 percent. Zoopla’s research and insight director, Richard Donnell, said: “A change in buyer mix from cash buyers to those with mortgages, plus wide variance in the recovery of house prices is sending mixed signals about current housing market activity.” He said the number of cash buyers, particularly in southern England, reflected a decline in investor demand. But pointed to UK Finance data showing 723,000 new loans for a home purchase in the 12 months to July – the highest level since 2008. “This supports our view that the decline in London housing sales has bottomed out with a small increase in market activity resulting from greater realism over pricing after three years of modest price falls,” said Mr. Donnell. ## Construction Loans by HZA Brokers [**Hank Zarihs Associates**](https://www.hankzarihs.com/news/finance-news/) said development finance lenders’ growing appetite to offer construction loans for the right type of schemes in London reflected this. [![Fast Bridging Loans](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) Edinburgh, Bournemouth, Portsmouth, and Oxford were among the 12 cities which had lower rates of price inflation than a year ago. Oxford was marginally lower than last year at 0.4 percent while Portsmouth stayed the same in keeping with flat or falling house prices in southern England cities. Zoopla said prices in southern cities, while 56 percent higher than the 2007 peak, had stagnated over the last four years. ### **Manchester top performer in the north** House prices in Manchester had grown the most and were 22 percent higher than the market peak in 2007, said Zoopla. Prices were about 12 percent higher in Leeds and Sheffield compared with the peak while Liverpool had at last seen an increase of 0.8 percent on 2007 figures. Newcastle, Aberdeen, and Belfast were the three cities where average prices were still below 2007 peak levels. Zoopla said Belfast prices were excessively over-valued in 2007 and were now more sustainably priced. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Commercial Development Loan, construction loans london, Development Finance Lenders, instant construction loans --- ### [Infrastructure blitz to unlock sites for thousands of new homes](https://www.hankzarihs.com/bridging-loans-infrastructure-blitz/) **Published:** November 1, 2019 **Author:** Shiraz Khan **Content:** **Bridging Loans News:-** More than £250m is to be spent on infrastructure to enable 20,000 new homes to be built nationwide, the government has **[announced](https://www.gov.uk/government/news/infrastructure-revolution-to-unlock-thousands-of-new-homes)**. Chancellor, Sajid Javid, said six major projects had won funding to invest in roads, rapid bus transport and schools across the country. “This step-change in funding will ensure that all parts of the country benefit as we level-up opportunities.” He added: “The government is committed to levelling-up communities across the country so that all areas benefit from investment and growth.” Oxfordshire county council is to get £102m to fund its rapid bus transport hubs and park and ride initiatives enabling it to build 5,050 new homes. Kent county council was successful in its bid for £38.1m to improve two congested junctions on the A249 leading into Sittingbourne which will unlock sites north-west of the town to build 7,899 homes. Rutland county council won £29.4m to re-develop St George’s barracks at North Luffenhaum to build 2,245 new homes. Surrey county council has gained £52.3m to relocate Thames Water’s sewage treatment works so more than 1,500 homes can be built on the 41-acre site. The east of Ipswich strategic highway works has got £19.8m to deliver road infrastructure leading to the creation of 2000 new homes. Melton Mowbray’s southern distributor road is to get £14.7m with the aim of constructing 2,340 homes. ## **Infrastructure paves the way for new developments** ### **Bridging Loans by HZA** Brokers **[Hank Zarihs Associates](https://www.hankzarihs.com/news/)** said development finance lenders would be keen to offer property construction loans for sites where infrastructure hurdles had been overcome and there was a housing need. [![4 Banner](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner.gif "4-Banner - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) The government said it was on track to reach an average of 300,000 new homes a year by the mid-2020s. Over 222,000 additional homes were delivered in 2017-18 – the highest level in all but one of the last 31 years. Other major investments include £75m to continue to develop plans for a northern powerhouse rail with the Leeds-Manchester route as the first phase. The government has also committed £28.8bn for a national roads fund to ensure high maintenance standards. The housing infrastructure fund was launched in July 2017, when Mr Javid was housing secretary, to invest £2.3 bn to unlock key sites for up to 100,000 new homes. A further £2.7 bn was added to in the 2017 autumn budget taking total investment to £5 bn. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Bridge Finance Loans, Bridge Finance Uk, commercial development finance lenders, construction finance --- ### [Garden town of 10,000 new homes planned for Gatwick area](https://www.hankzarihs.com/construction-finance-garden-town/) **Published:** October 31, 2019 **Author:** Shiraz Khan **Content:** **Construction Finance News:-** A rural spot in West Sussex is set to expand exponentially within the next few years to ease the acute housing shortages in Crawley and Horsham. The government’s housing accelerator, Homes England, is to start consultation on November 1st on an ambitious **[scheme](assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/835600/2019-08-24_crawley_members_shortened_version.pdf)** to develop land west of Ifield village which currently has 9,000 inhabitants. More than a third of the planned homes, 35 per cent, will be affordable with three linked neighbourhoods making up a garden town just west of Ifield. The target is for 50 percent green space in the new development, with Ifield Meadows safeguarded, and a comprehensive flood protection scheme. A total of seven new schools are planned along with new health facilities and the creation of 10,000 new jobs. The site is in the heart of the Gatwick Diamond stretching from Croydon in the north to the edge of Brighton in the south and from Horsham in the west to East Grinstead in the east. Set up in 2017 Gatwick Diamond is a business-led partnership to encourage investment and new enterprises. It’s home to 45,000 businesses including many UK and European headquarters with Unilever, Exxon, Nestlé among the multi-nationals based there. ## **New homes essential to retain a skilled workforce** Gatwick Diamond has warned the rising cost of housing could make the area less attractive for future employees. ### Construction Finance by HZA Brokers **[Hank Zarihs Associates](https://www.hankzarihs.com/news/)** said the project was essential for addressing Crawley and Horsham’s housing needs and that commercial development finance lenders would be keen to support it. [![Fast Bridging Loans](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) The Homes England proposals will also see the building of the Crawley western relief road improving the area’s already strong transport links. The new garden town will be a ten-minute walk to Ifield high street and a five-minute cycle to the village’s train station where it takes 55 minutes to get to London Bridge. It is a 15-minute train ride from Ifield to Gatwick airport. Consultation on the Homes England plans finishes on December 1st and it’s hoped work will start on building the first neighbourhood and the relief road in 2021 with completion of the project by 2033. Both Crawley and Horsham’s populations are expected to grow significantly over the next two decades. It’s estimated that the number of households living in Crawley will jump from 45,583 in 2012 to 57,431 by 2037 – a 32 per cent rise. Horsham’s 55, 410 households in 2012 is expected to leap to 70,113 – a 26 per cent increase. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** 2nd charge loans, best bridging finance, Bridging Finance Lenders, Commercial finance --- ### [SME builders keep headcounts low amid unpredictable economic conditions](https://www.hankzarihs.com/bridging-finance-sme-builders/) **Published:** October 30, 2019 **Author:** Shiraz Khan **Content:** Small building companies are halting staff increases despite increasing workloads as political uncertainty mounts, according to the Federation of Master Builders’ latest trade **survey**. The trade body found small to medium-sized construction companies reporting a growing workforce has decreased from 19 per cent to 15 per cent for the third quarter of 2019. Nearly a quarter, 23 per cent, said they had cut back on staff compared with 21 per cent in the second quarter. FMB chief executive, Brian Berry, said: “Stagnating staffing levels is a concerning sign, and if this trend continues, we could see the capacity of the industry shrink at a time when builders are needed more than ever. “Skilled workers are scarce in the construction industry, and it is critical we keep people employed in the sector. The fact that SME firms are having to lay people off and are holding off taking new people on is worrying.” More than half of respondents, 56 per cent, said they had difficulty recruiting carpenters and joiners followed by 54 per cent claiming bricklayers were also hard to hire. A majority of SME firms, 56 per cent, expected salaries and wages to go up, up from 51 per cent in the previous quarter. An increasing number, 86 per cent, predicted material prices would rise compared with 77 per cent in the previous quarter. “Small building companies are also having to contend with eye-watering material prices, and these are set to continue to rise. This coupled with continued wage inflation, driven by skill shortages, is leaving many firms to have unsustainable profit margins,” said Mr Berry. He warned this meant small firms had less money to invest and grow in the future with the danger many would close. ## **New regs pose threat to SME builders** “The government needs to carefully consider the impact of new regulations that will impose extra costs and cash flow restrictions on the sector such as reverse charge VAT,” he warned. Reverse charge VAT means the customer pays the tax to revenue and customs instead of the supplier. It was to have gone live this month but the chancellor, Sajid Javid, deferred introduction to October 2020 to give smaller firms more time to take on board the changes. ### Bridging Finance by HZA Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said the changes would cause cash flow pressure but commercial development finance lenders would be ready to offer fast bridging finance to help builders out. [![Fast Bridging Loans](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) Overall SME construction workloads have remained positive with 34 per cent reporting high workloads compared to 27 per cent in the previous three months. However, expectations for the future were lower with 19 per cent predicting lower workloads up from 12 per cent in the previous quarter. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** best bridging loans, commercial development finance lenders, Construction Finance london, fast bridging finance --- ### [Hackitt enlisted to help establish new building safety regulator](https://www.hankzarihs.com/bridging-loans-hackitt/) **Published:** October 29, 2019 **Author:** Shiraz Khan **Content:** **Bridging Loans News:**-Dame Judith Hackitt, who conducted the building regulations review post the Grenfell fire disaster, is to advise the government on establishing a new building safety regulator. Housing secretary, Robert Jenrick, said he was grateful Dame Judith, an engineer and former chair of the UK Health and Safety Executive, had agreed to take on the role. “Her expertise will be essential to forming a strong regulator with teeth to ensure all residents are safe, and feel safe, in their homes both now and in the future,” he said. The regulator will oversee the design and management of buildings, with a strong focus on ensuring the new regime for higher-risk buildings is enforced effectively and robustly. It will also have the power to apply criminal sanctions to building owners who do not follow the rules. ## **Tougher safety regs attractive to lenders** **Bridging Loans by HZA**:- Brokers **[Hank Zarihs Associates](https://www.hankzarihs.com/news/)** said a more rigorous safety regime was something commercial development finance lenders would support. The brokerage added lenders wanted to be sure they were only offering construction loans and property development funding to builders producing risk-free homes. [![Fast Bridging Loans](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) The government’s proposed new legislation will ensure building owners and developers put residents’ safety first. This will involve clearer accountability for those responsible for the safety of high-rise buildings, a stronger voice for residents and strengthening enforcements and sanctions to deter non-compliance. The government is proposing developers of new build homes must also sign up to the new homes ombudsman service giving buyers redress if their properties are faulty. The scheme would cover the first two years following a house purchase with builders liable for defects. Dame Judith published her **[Independent Review of Building Regulations and Fire Safety](https://www.gov.uk/government/collections/independent-review-of-building-regulations-and-fire-safety-hackitt-review)** in May with the government publishing its consultation paper, **[Building a Safer Future](https://www.gov.uk/government/consultations/building-a-safer-future-proposals-for-reform-of-the-building-safety-regulatory-system)** in June. The government has said it’s committed to taking forward all of Dame Judith’s recommendations and is currently analysing consultation feedback. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** best bridging finance, commercial development finance lenders, construction finance, property development funding --- ### [Homes England gives £38m to speed up building more than 2,000 homes](https://www.hankzarihs.com/bridging-loans-homes-england/) **Published:** October 24, 2019 **Author:** Shiraz Khan **Content:** **Bridging Loans News:-** Six local authorities have won £38.2m worth of **[investment](https://www.gov.uk/government/news/38-million-homes-england-funding-to-speed-up-development-of-over-2000-homes)** to accelerate the building of at least 2,072 new homes. The funding will be ploughed into infrastructure for 13 sites spread across England from Somerset to Cheshire. The councils who’ve gained funding are being encouraged to employ SME housebuilders and also developers who harness modern methods of construction. Homes England chief land and development officer, Stephen Kinsella, said: “This funding will enable local authorities to prepare their sites for development and to bring forward the construction of homes. New homes will then be built out at pace using modern methods of construction.” ## Bridging Loans by HZA Brokers [**Hank Zarihs Associates**](https://www.hankzarihs.com/news/) said getting land ready for building was key for attracting housebuilders to develop a site and gain construction loans and property development funding. [![Fast Bridging Loans](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) Land which has gained investment includes Locking Parklands, Weston-Super-Mare, where North Somerset council will receive over £9.8m towards 425 new homes, of which 30 per cent should be affordable. Winsford, Cheshire, will get over £4.5m to accelerate the construction of 310 homes, including a 60-home extra care scheme. Other local authorities to benefit include Bournemouth, Christchurch and Poole council, Bristol city council, Hastings borough council and Hull city council. The deals were awarded through the government’s £350 million local authority accelerated construction programme, which helps unlock public land to speed up council housing schemes. ### **Cutting-edge building techniques get housing minister’s backing** Housing minister, Esther McVey, pledged her support for modern methods of construction today when she visited Sheffield University’s advanced manufacturing research centre. She met major developers, small businesses, academics and apprentices at the University’s Factory 2050 which uses the latest technology to build homes. Ms McVey said she wanted to see a ‘green housing revolution’ in the north of England where the industrial revolution began. “With our emphasis on safety, quality and beauty, we could be the global leaders in housing standards. “And if we get it right, once the industry matures it could be worth an estimated £40bn to this country. A new post-Brexit industry.” Modern methods of construction working group chair, Mark Farmer, agreed the UK had an opportunity to become a world leader in advanced manufacturing of new homes. “We urgently need to better assure building safety, improve quality, reduce carbon and offer much more consumer choice and protection. These improvements will only be achieved if we fundamentally readdress the way we design and deliver new homes,” he said. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** 2nd charge bridging loan, bridging loans london, House price in London, instant refurbishment finance --- ### [New towns set to make a comeback](https://www.hankzarihs.com/construction-finance-news-towns/) **Published:** October 28, 2019 **Author:** Shiraz Khan **Content:** **Construction Finance News**:-Councils are being invited to bid to build economically led new towns in their communities which would generate jobs and create new homes. Housing secretary, Robert Jenrick, has announced £10m to enable local authorities to come up with locally-led proposals to deliver new towns on the scale of Canary Wharf or Milton Keynes. “We want to drive economic growth outside London and the South East. Our new development corporations will empower local areas to come forward with ideas for new towns that deliver jobs, houses and economic growth,” he said. The [**fund**](https://www.gov.uk/government/publications/new-development-corporation-competition-guidance) will be open nationwide to help areas with ambitious plans for transformational housing and regeneration where it is most needed. The government said new towns and developments would be planned in close and detailed consultation with local areas. It added councils would be expected to show they wanted to build not just houses, but new infrastructure and communities where people want to live. Sir George Iacobescu, who founded Canary Wharf, will advise the housing secretary on which project to take forward for further government support. “Thirty years ago, development corporations breathed new life and energy into towns and cities across Britain,” he said. “I would like to encourage local authorities and their private sector partners to come forward with ambitious programmes and ideas. “I am looking forward to seeing some innovative proposals which will help drive transformational growth across the country.” ## **Nottinghamshire village to be a new town** Mr Jenrick announced Toton village in Nottinghamshire would be the first project with a new development corporation led by former Burberry chairman, Sir John Peace. Civic leaders plan to create tens of thousands of new jobs and homes as well as making the area a tax-free zone to offset post-Brexit tariffs. The government has launched a **[consultation](https://www.gov.uk/government/consultations/development-corporation-reform-technical-consultation)** on giving development corporations the necessary legal powers to delivery new communities speedily. It added development corporations could also be used on a smaller scale to plan high street and town centre redevelopments. ### Construction Finance by HZA [Financial brokers Hank Zarihs Associates](https://www.hankzarihs.com/) said the revival of the new town concept was a positive step and that commercial development finance lenders would be keen to offer support. [![Fast Bridging Loans](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Auction Property Finance, best bridging finance, commercial development lenders, equity funds london --- ### [London’s green belt needs to be overhauled for the capital to hit new homes target](https://www.hankzarihs.com/bridging-finance-london-green-belt/) **Published:** October 23, 2019 **Author:** Shiraz Khan **Content:** **Bridging Finance News:-** A strategic review of London’s green belt is needed if the capital is to hit its target of building 66,000 new homes a year, argues the inspectorate **[report](https://www.london.gov.uk/what-we-do/planning/london-plan/new-london-plan/inspectors-report)**. The report claims that the capital’s small sites development target, which was to have delivered 38 percent of London’s new homes, is unrealistic. “The evidence simply does not justify the reliance placed by the Mayor on small sites to fill the gap. To accept the targets attributed to many of the boroughs would be setting up the plan to fail,” said the report authors, Roisin Barrett, William Fieldhouse and David Smith. They suggest just 119,250 new homes can be built on such sites – 51 percent less than the earlier target. This means the overall housing targets for London boroughs would drop from 649,350 over the next ten years to 522,850. Estate agents Savills said London’s target of new house building a year would be reduced from 66,000 to just 52,000. ## **Smaller development plots often present more challenges** Savills planning director, Nick de Lotbiniere, said there were more hurdles involved with developing small sites than large ones such as fragmented land ownership. “You only need to have one person who doesn’t want to sell and you have a difficult position on land assembly.” He added that smaller sites in residential areas are also more likely to go to a planning appeal. “When you start to unpick it a bit more, there are lots of difficulties developing on small sites.” ### Bridging Finance by HZA Brokers **[Hank Zarihs Associates](https://www.hankzarihs.com/news/)** agreed that developing smaller plots was often more arduous and not all SME developers had the resources to deal with planning appeals. The brokerage added that development finance lenders would welcome a review of the green belt to help London boroughs hit housing need targets. [![Fast Bridging Loans](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) The Mayor’s office is expected to submit a revised version of the plan to the secretary of state before the end of next month with the final plan published by February or March 2020. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** 2nd charge bridging loan, best bridging finance, construction loans london, House Bridging Finance --- ### [Housing minister calls for a digital revolution for property development](https://www.hankzarihs.com/bridging-loans-property-development/) **Published:** October 22, 2019 **Author:** Shiraz Khan **Content:** **Bridging Loans News**:-New ways for councils to share **[data](https://www.gov.uk/government/news/housing-minister-calls-for-a-digital-revolution-in-the-property-sector)** with developers to help them find brown field land suitable for building on, are being launched by the government. A national index of all brown field data, simplifying and improving the quality of the current brown field land registers, is to be introduced. Housing minister, Esther McVey, said: “The UK property sector is on the cusp of a digital revolution. It’s time to harness new technology to unlock land and unleash the potential of house builders in all parts of the country and to revolutionise the way in which we buy homes.” The government argues SMEs often don’t have dedicated teams to find sites, appraise them and craft planning applications. It believes access to digital tools that employ multiple data sets would save time and support the wider developer sector. Federation of Master Builders’ research shows the most common barrier for increasing output was lack of viable land, despite capacity to build one million homes on council brown field land. ## Bridging Loans by HZA Brokers **[Hank Zarihs Associates](https://www.hankzarihs.com/news/)** said commercial development finance lenders would welcome initiatives to improve information sharing and speed up the planning process. [![Fast Bridging Loans](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) Other measures include opening up compulsory purchase order, CPO, data so property technology companies can access details such as energy performance certificates and the square footage of buildings. The government pointed out that a large proportion of Birmingham’s regeneration has been delivered via CPOs in the past 15 years. ### **People power set to rev up** Also, the government wants communities to see models and interactive maps of planned developments rather than one or two pictures. It also would like to offer people the chance to comment on planning applications online or on the phone in the way online banking is used. Ms McVey met with 700 property tech companies yesterday to look at “bringing about a digital revolution” in the sector. Round table participants included Urban Intelligence, who help developers and landowners locate sites, The Future Fox, whose digital platform StreetBuilder supports community engagement, and Wayhome which co-invests in properties with customers. The government estimates the UK property technology sector is a growing industry worth £6bn and with a high proportion of global investment. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** 2nd charge bridging loan, bridging loans london, Cheap House Price, Construction Finance london --- ### [Kent garden city set to offer a swathe of new homes](https://www.hankzarihs.com/commercial-loans-kent-garden/) **Published:** October 17, 2019 **Author:** Shiraz Khan **Content:** **Commercial Loans News**:- A garden city in the Thames Gateway area is a step closer to building 13,300 more new homes following the purchase of 310 acres of land. **Ebbsfleet Development Corporation,** EDC, announced it had bought the land from EIGP, a Landsec and Ebbsfleet Property LLP joint venture, and said this would unlock the site to deliver its full potential. There are currently more than 1,700 homes in Ebbsfleet Garden City with a further 13,300 planned of which 30 per cent will be affordable. EDC chief executive, Ian Piper, said: “Investors will see enormous potential in what Ebbsfleet Central will bring, for the local economy and for local jobs. “Although it has taken years to reach this point with the land untouched by development, Ebbsfleet Central will be the beating heart of Ebbsfleet Garden City and is an exciting opportunity for the new communities already formed here as well as the new ones that will be created.” Corporation chairman, Michael Cassidy, said the garden city would create economic opportunities for people for years to come. “We will now be talking to developers and investors to maximise the enormous potential Ebbsfleet Central will bring for all.” Housing minister, Esther McVey, said the project was key to delivering the extra homes the country needs while protecting the countryside. “The development will make the most of brownfield land and make a big contribution to delivering 15,000 quality new homes for families within the garden city.” The site already has a primary school in Castle Hill, a second is being built at Springhead Park and a third is scheduled for Ebbsfleet Green along with plans for a major secondary school at Whitecliffe. The first supermarket has opened with another being built in what will be the first village centre in Castle Hill. A new hotel and pub are also planned for the village centre in addition to the one that opened in 2017 in Ebbsfleet Green. ## **The garden city has key communication links** A new bridge built by the corporation linking residents to Ebbsfleet International station will open in spring next year. Ebbsfleet is linked to the European high-speed rail hub with London just 17 minutes away and Paris a two-hour commute. The corporation wants the town to be a magnet for new business, education, research and development as well as leisure and recreation. ### Commercial Loans by HZA Brokers Hank Zarihs Associates said housing schemes with excellent transport links would easily attract property development funding in the form of construction loans and short-term bridging finance. [![4 Banner](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner.gif "4-Banner - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Bridging Loan london, commercial bridgning loan, Construction Finance london, House Bridge Finance --- ### [UK House prices show annual rise for August](https://www.hankzarihs.com/commercial-loans-house-august/) **Published:** October 16, 2019 **Author:** Shiraz Khan **Content:** **Commercial Loans News:-** UK house prices showed a year-on-year increase of 1.3 per cent for August, according to the latest HM Land Registry **[figures](https://www.gov.uk/government/publications/uk-house-price-index-summary-august-2019/uk-house-price-index-summary-august-2019).** Wales recorded the largest annual house price rise of 4.5 per cent taking the average property value to £168,318. In England, the North East experienced the best annual increase of 3.3 per cent while London saw prices drop by 1.4 per cent, followed by the South East where prices fell by 0.6 per cent. Scotland experienced a 1.6 per cent year-on-year increase in house prices for August bringing the average property value to £154,549. UK property prices rose by 0.8 per cent in August compared with July bringing the average house value to *£234,853*. Online estate agents Housesimple’s chief executive, Sam Mitchell, said the figures revealed the property market’s resilience. “Ultimately, strong economic fundamentals have been and will continue to offset headwinds – with low mortgage interest rates, good mortgage availability and wage growth all remaining positives for buyers.” Detached properties showed the biggest year-on-year rise of 5.4 per cent while flats and maisonettes’ values rose by just 0.7 per cent. ## **Transactions are up** The number of property transactions between July and August grew by 15.8 per cent with August experiencing a year-on-year increase of 0.9 per cent. Bank of England mortgage approvals for August were 65,000 – down from the previous peak seen in July of 67,000 but within the narrow range seen over the past three years. ### Commercial Loans by HZA Brokers **[Hank Zarihs Associates](https://www.hankzarihs.com/news/)** said they expected the market to continue improving and added lenders were keen to offer development and refurbishment finance for residential building. [![4 Banner](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner.gif "4-Banner - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) Annual growth in first-time buyers remained constant at 4.1 per cent with a 2 per cent increase on the previous month. Former owner-occupiers showed a year-on-year increase of 5 per cent and a 2.5 per cent rise compared with July. Mr Mitchell stressed it was important the government ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** best bridging finance, Bridging Finance London, house prices in london, instant construction loans --- ### [Licensing would remove rogue builders and raise the safety bar, says FMB](https://www.hankzarihs.com/bridging-loans-fmb/) **Published:** October 15, 2019 **Author:** Shiraz Khan **Content:** **Bridging Loans News**:-A licensing system for all construction companies would strengthen the government’s plans to improve new homes’ safety, claims the Federation of Master Builders, FMB. The trade body’s comments follow the government’s announcement in the Queen’s speech for a new building safety regulator. The legislation aims to prevent another Grenfell Tower tragedy with a change to the regulation of high-rise residential buildings. FMB chief executive, Brian Berry, said new laws forcing compliance with building safety standards was an important first step. “The government must go further still and publicly consult on a mandatory licensing scheme for all UK construction companies. “This would serve to remove from the industry any firm that ignores health and safety procedure and risks safety in and around the built environment. “Licensing would also remove rogue traders that bring the image of builders into disrepute, whether they are operating in the private domestic sector or in the supply chain on a large commercial site.” He added he was waiting to hear more details about the bill and whether “it would have the teeth” to improve the sector. The legislation is to take forward the recommendations of the independent **[Hackitt Review](https://www.gov.uk/government/publications/independent-review-of-building-regulations-and-fire-safety-final-report)** into building safety following the Grenfell Tower fire. This would include clearer accountability for those responsible for the safety of high-rise buildings and would cover design, construction and occupation. The plans also involve giving residents a stronger voice in the system so their concerns about safety are never ignored. Enforcement and sanctions would be strengthened to deter non-compliance with the new regime. ## **New system set to improve building material products** The government also wants a ​new ​ framework to provide national oversight of construction products, to ensure they meet high-performance standards. The plans also involve giving residents a stronger voice in the system so they can contribute to maintaining safety in their buildings. ### Bridging Loans by HZA Brokers **[Hank Zarihs Associates](https://www.hankzarihs.com/news/)** said property development lenders were keen to see safety put first and SME housebuilders would welcome national guidelines on construction products. [![4 Banner](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner.gif "4-Banner - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) The public inquiry report into the Grenfell Tower fire, where 72 people lost their lives in June 2017, is expected to be released on October 30th. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, News, Planning News, Projects **Tags:** commercial bridge loans, construction finance, Construction Finance london, UK house prices --- ### [New build homes to have tighter green standards by 2020](https://www.hankzarihs.com/development-finance-new-homes/) **Published:** October 3, 2019 **Author:** Shiraz Khan **Content:** **Development Finance News:-** Building regulations are set to get stricter next year in a bid to tackle climate change and cut carbon emissions. The government has released a consultation [**paper**](https://www.gov.uk/government/consultations/the-future-homes-standard-changes-to-part-l-and-part-f-of-the-building-regulations-for-new-dwellings) this week which wants to see carbon emissions of new homes cut by a third by 2020. The deadlines for giving feedback on proposed changes to part L and F of current building regulations is 11.45 am on January 10, 2020. In the longer term, it’s proposing a future homes standard which would spell an end to fossil fuel heating systems, such as gas boilers, by 2025. Cleaner technologies such as cutting-edge solar panels and air source heat pumps would be employed instead to cut emissions by up to 80 per cent. Housing secretary, Robert Jenrick said: “Building new homes isn’t just about bricks and mortar. I want to ensure everyone – including developers – do their bit to protect the environment and give the next generation beautiful, environmentally friendly homes that local communities can support.” ## **Grand designs** The Ministry of Housing Communities and Local Government, MHCLG, has published a national **[design guide](https://www.gov.uk/government/publications/national-design-guide)** for developers to build attractive well-thought-out homes. In the next few months, every council across the UK will be expected to produce design guides reflecting their unique setting, character and history while meeting national standards. ### Development Finance by HZA Brokers **[Hank Zarihs Associates](https://www.hankzarihs.com/news/finance-news/)** said development finance lenders were keen to see better designs when offering construction loans and development and refurbishment finance for projects. [![Fast Bridging Loans](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) The government also confirmed proposals to speed up the planning system with fee refunds for delayed decisions on applications. It’s also proposing a new tiered planning system with clearer guidelines for extensions and modifications of homes. The government said applications fees would be reviewed to ensure planning authorities were properly resourced. The accelerated planning green paper is expected to be published next month. It will take forward proposals to allow homes to be built above existing properties as well as seeking views on demolishing old commercial buildings for new housing. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Construction Finance london, construction loans london, Development Finance Lenders, Development Finance Uk --- ### [European workers in UK should be given right to remain, urge SMEs](https://www.hankzarihs.com/commercial-loans-workers-uk/) **Published:** October 14, 2019 **Author:** Shiraz Khan **Content:** The Federation of Small Businesses, FSB, is calling on clarity over the future status of European Union citizens currently working in the UK post-Brexit. It said one in five small employers rely on staff from the EU with many employees falling outside the traditional definition of ‘highly skilled’. FSB chairman, Mike Cherry, said: “The government should be leaving EU citizens in no doubt about their right to remain after Brexit. Uncertainty has been rife in this area, with small firms left in the dark as to how our immigration system will work post-Brexit.” The government said the new immigration bill would ensure resident European citizens, who have built their lives in the UK, would have the right to remain. ## **Businesses need to be consulted over immigration** Mr Cherry said the bill announced in today’s Queen’s [speech](https://www.gov.uk/government/speeches/queens-speech-2019) provided more of a steer for the future but said it was crucial SMEs were given a say. “It’s vital that the formation of a new system from 2021 is evidence-led, with small businesses thoroughly consulted on fresh measures.” ### Commercial Loans by HZA Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) added housebuilders needed to have clarity over immigration and employment status of their workforce. It explained workforce availability was an important issue for commercial development finance lenders when deciding construction loans for a new scheme. [![4 Banner](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner.gif "4-Banner - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** All Bridge Finance, commercial development finance lenders, construction loans london, instant construction loans --- ### [New house starts show worrying 8 per cent drop](https://www.hankzarihs.com/development-loans-new-house/) **Published:** October 4, 2019 **Author:** Shiraz Khan **Content:** **Development Loans News:-** New house building starts showed a year-on-year decline of 8 per cent for the second quarter, according to Office of National Statistics **[data](https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/835887/House_Building_Release_June_2019.pdf)**. In the three months to June, 37,220 new homes were started – a 2 per cent decline on the previous quarter. Annual new builds totalled 160,640 in the year to June 2019 – a 1 per cent year-on-year decrease. All starts between April and June 2019 were 117 per cent above the trough in the March quarter of 2009 and 24 per cent below the March quarter peak of 2007. However, completions were estimated at 45,190 – a 4 per cent increase from the previous quarter and 11 per cent higher than a year ago. In the year to June 2019 completions totalled 173,660 – an 8 per cent year-on-year increase. All completions between April and June 2019 were 79 per cent above the trough in the March quarter of 2013 and 7 per cent below the March quarter 2007 peak. Housing secretary Robert Jenrick was upbeat about the completion figures. “The number of new homes built reaching an 11-year high. We are moving in the right direction, but there is still much more to do if we are going to deliver the numbers needed by communities up and down the country. “The last year also saw the proportion of family houses built increase to 78 per cent of all the new dwellings delivered in the marketplace – the highest the figure has been since 2000.” Private enterprise new build dwelling starts in the second quarter were down by 2 per cent compared with the previous quarter. Starts by housing associations were 4 per cent lower compared with a year ago but completions were up by 20 per cent. ## **Longer visas needed post-Brexit** The Federation of Master Builders said it would be difficult for the construction industry to hit government targets for new house builds without a more flexible visa system for non-UK workers. FMB chief executive, Brian Berry, said he agreed with Construction Industry Training Board’s report, **Migration and Construction** which calls for the one-year visa for low skilled workers to be extended to two. “The report is absolutely right to highlight the barriers facing construction employers needing to employ non-UK workers. The government needs to look again at its post-Brexit immigration system to make it easier and simpler for small building companies needing to recruit non-UK labour,” he said. Mr Berry highlighted the building industry’s skill shortage evidenced by the fact that 9 per cent of construction workers are EU citizens. “Given it takes many years to train a high-quality tradesperson there will, in the short-term at least, continue to be an urgent need to recruit non-UK labour. Without this labour the industry will not be able to deliver the homes and key infrastructure projects that are needed to underpin the UK’s national productivity and growth,” he said. ### **Development Loans by HZA** Brokers **Hank Zarihs Associates** said builders needed a full complement of workers to hit completion targets. The brokerage added that development finance lenders would be able to offer instant bridging finance to give SME housebuilders breathing space. [![Fast Bridging Loans](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, News, Planning News **Tags:** 2nd charge bridging loan, Construction Development Loan, development loans, Online construction loans --- ### [Edinburgh bucks national trend with 3.4 per cent house price increase](https://www.hankzarihs.com/commercial-loans-edinburgh-buck/) **Published:** October 8, 2019 **Author:** Shiraz Khan **Content:** House prices in Edinburgh showed a 3.4 percent year-on-year rise for the third quarter, July to September, according to the latest Knight Frank index. The estate agent said the figures were in contrast with those across the UK where average house prices have fallen by 1.7 percent. Although house price growth in Edinburgh was down from 10.5 percent annual growth at this point last year, said Knight Frank. Knight Frank associate, Oliver Knight, said: “Political rhetoric has ramped up in recent months, and has moderated price growth. So has a lack of urgency among some buyers, though agents report encouraging sales activity, particularly for properties that are considered best in class.” Houses in Edinburgh showed a 4.2 percent rise in contrast to flats where the increases were more modest at 2 percent for the third quarter. Transaction figures for homes worth more than £500,000 showed a 4.5 percent increase in the 12 months to July 2019, according to the latest figures from the Registers of Scotland. There was an 11 percent rise in sales between £750,000 and £1m and a 24 percent growth in sales above £1m. ## **Buyers outstrip sellers in the Scottish capital** Knight Frank said its data showed in the third quarter there were 7.5 new applicants for every new instruction, up from 5.7 for the same period last year. The strongest demand was in the market up to £750,000, where there were 8.7 buyers per new instruction. Mr. Knight said: “A shortage of available properties being listed for sale means the imbalance between supply and demand in the city is likely to continue, especially given the cautious approach being employed by some vendors as uncertainty surrounding Brexit mounts. “Buyer demand remains strong, however, evidenced by the continued growth in prime sales volumes, and competitively priced stock will continue to trade well.” ### **Commercial Loans by HZA** [Finance brokers, Hank Zarihs Associates](https://www.hankzarihs.com/), said development finance lenders were keen to offer construction loans and fast **commercial bridging loans** for new builds in the city. [![4 Banner](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner.gif "4-Banner - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** construction loans london, Development Finance Lenders, Fast Commercial Bridging Loans, House Bridging Finance --- ### [Loans of up to £20m for building schools for new housing schemes](https://www.hankzarihs.com/development-loan-housing-schemes/) **Published:** October 10, 2019 **Author:** Shiraz Khan **Content:** **Development Loan News:-** Credit to enable developers to have schools completed as soon as major new housing developments are delivered was welcomed by builders. Education secretary, Gavin Williamson, announced today the government would offer **[loans](https://www.gov.uk/government/news/government-loans-to-build-new-schools-alongside-new-homes)** of up to £20m for this to happen. He said this meant new school places would be financed upfront rather than builders waiting for the new homes to be sold before having the money to build. The government wants to incentivise developers to build more properties in the areas most in need -including on sites that have stood empty for a long time. In particular, it hopes this will boost the viability of new housing estates led by small to medium-sized developers where cash flow can be an issue. Home Builders Federation communications director, Steve Turner, said: “Developers are keen to build communities, and are already making huge contributions to improving local infrastructure and amenities. It is welcome that the government has recognised the strain on cash flow, especially for SMEs, and is working with the industry on infrastructure provision.” ## Development Loan by HZA The loans would be charged at interest, and repayable once the new homes were sold. Brokers **[Hank Zarihs Associates](https://www.hankzarihs.com/news/)** said if the loans enabled more housing schemes to go ahead then this was something development finance lenders would support. [![Fast Bridging Loans](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ### **New school building set to hit target** Mr Williamson said the government was on track to create one million new school places nationwide by 2020. “We know that in some cases, building schools and properties at the same time so they are ready for new communities can be challenging for housing developers. “That’s why we are launching these loans today, to help parents secure a good school place for their child at the same time as moving into a new family home.” Housing minister, Esther McVey, said the initiative would help medium to large-sized developers deliver urgently needed new schools. “It’s only right that infrastructure is delivered upfront – including thousands of new school places – which supports existing communities and the new homes which we need building.” Builders interested in taking part in the government’s pilot of the developer school loans scheme should contact the Department for Education from October 2019. Projects should show value for money, affordability and have planning permission. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** 2nd charge bridging loan, bridging loan brokers, Development Finance Lenders, House Building Finance --- ### [UK house price growth stagnates in September](https://www.hankzarihs.com/bridging-loans-september-growth/) **Published:** October 1, 2019 **Author:** Shiraz Khan **Content:** **Bridging Loans News:-** UK annual house prices rose by just 0.2 percent in September, the tenth consecutive month of increases below 1 percent, according to Nationwide’s index. There was a fall in growth in September, compared with August, of 0.2 percent bringing the average UK house price to £215,352. Annual house price declines persisted in London and the South East with falls of 1.7 percent and 1.5 percent respectively, for the third quarter – July to September. Nationwide’s chief economist, Robert Gardner, said the underlying pace of growth appeared to have slowed due to weaker global growth and Brexit uncertainty. But said household spending had been more resilient, supported by steady gains in employment and real earnings. “The underlying pace of housing market activity has remained broadly stable, with the number of mortgages approved for house purchase continuing within the fairly narrow range prevailing over the past two years. Healthy labour market conditions and low borrowing costs appear to be offsetting the drag from the uncertain economic outlook,” he said. Northern Ireland remained the strongest performer in the third quarter, although annual price growth moderated to 3.4 percent compared with 5.2 percent in the second quarter. Wales also saw a slowdown of growth of 2.9 percent, compared with 4.2 percent for the second quarter. Annual price growth in Scotland remained subdued at 0.8 percent for the third quarter – up slightly from 0.4 percent in the previous quarter England remained the weakest performer, with prices essentially flat compared with a year ago. ## **The bigger picture shows house prices in the capital have held up** London’s house price drop of 1.7 percent marks the ninth quarter in a row where prices have fallen. However, Mr. Gardener said they were only about 5 percent below all-time highs recorded in the first quarter of 2017 and 50 percent above 2007’s buoyant levels. UK prices are only 17 percent higher than the 2007 peak. ### **Bridging Loans by HZA** Brokers **[Hank Zarihs Associates](https://www.hankzarihs.com/news/finance-news/)** said development finance lenders remained keen to offer construction loans and development and refurbishment finance for schemes in the South East. [![4 Banner](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner.gif "4-Banner - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) House price growth in the North, North West, Yorkshire, and Humberside, East Midlands and West Midlands slowed to 1.4 percent but remained ahead of the South. London, Outer Metropolitan, Outer South East and East Anglia all experienced a 0.8 percent fall in the third quarter. “These trends are not entirely unexpected, however, as affordability is still more stretched in the South, with prices further above their pre-financial crisis levels,” said Mr. Gardner. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** best bridging loans, commercial development finance lenders, construction loans london, Development and Refurbishment Finance --- ### [Former hotel site close to a London tube station eyed up for more than 500 homes](https://www.hankzarihs.com/bridging-finance-hotel-site/) **Published:** September 30, 2019 **Author:** Shiraz Khan **Content:** Brownfield developer Inland Homes has submitted a detailed planning application to build 514 flats on a six-acre site in Freezeland Way next to Hillingdon tube station in west London. Inland Homes said the plans would transform the former commercial site which was home to the Master Brewer Hotel into a residential mixed-use neighbourhood. The development will include a range of one, two and three-bedrooms flats and 179 of the homes will be affordable. Inland Homes chief executive, Stephen Wicks, described the initiative as an important regeneration project offering new homes “The scheme will benefit the natural environment surrounding the site, creating an attractive landscape. Inland Homes has a strong record of securing planning permission and delivering complex brownfield sites and we look forward to achieving full planning permission.” The scheme also includes 1,250 sq m of commercial space and extensive areas of green space. The masterplan includes a network of pedestrianised areas and landscaped public squares to create a diverse garden quarter. ## **Bridging Finance by HZA** Brokers **Hank Zarihs Associates** said the site’s good transport links meant development finance lenders would be keen to offer **construction loans** and short-term bridging finance. [![4 Banner](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner.gif "4-Banner - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ### **Proposed new scheme is in a prime spot** It takes just 35 minutes to get to central London from Hillingdon tube, there are regular buses from Long Lane and Freezeland Way and the site is less than two miles away from the M40 motorway. The area benefits from being close to a GP surgery, local schools, sports and recreation centres and green open space. Inland Homes has been working with the London Wildlife Trust to create a ‘nature recovery network’ to ensure existing natural ecosystems are protected and enhanced. A link will also be set up with other London Wildlife Trust sites in the area to form a network of landscaped nature corridors for wildlife as well as residents. The application follows a public consultation event on 25 July 2019 and extensive consultation between Inland Homes, Hillingdon council, Oak Farm Residents’ Association and Ickenham Residents’ Association. The site had been empty since 2012 when the Master Brewer Hotel was demolished. Tesco had hoped to build a superstore on the site but abandoned its plans in 2015 following financial difficulties. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** bridging finance broker, construction loans london, Development Finance Lenders, Short-Term Bridging Loan Specialists --- ### [Scotland increases new housing by 15 per cent](https://www.hankzarihs.com/development-loans-scotland/) **Published:** September 25, 2019 **Author:** Shiraz Khan **Content:** **Development Loans News:-** Scotland built 22,273 new homes in the last financial year – the sixth consecutive increase and the highest **[figure](https://www.gov.scot/news/supply-of-new-housing-increases-by-15-percent-in-2018-19/)** in a decade. Private-led new builds increased by 2,679 homes, 21 percent, while local authority ones declined by 51 homes, 3 percent. Although, housing association new builds rose by 1,041 homes, 33 percent. Refurbishments decreased by 642 homes, 67 percent, and net conversions decreased by 74 homes, 10 percent. Housing minister, Kevin Stewart, said this was the first time since 1980 when local authority stock had also increased. “We want to ensure everyone has a warm affordable home and these figures show we are on target to reach delivering 50,000 affordable homes by 2021.” He added 3000 more homes were built in 2018-19 than the previous year. The UK housing minister, Esther McVey, told delegates at the residential property convention earlier this month that 222,000 additional homes were built in England in 2017-18. She said the figure was one of the highest in the last 31 years bringing the government closer to its target of 300,000 new homes a year by the mid-2020s. ## **The number of planning applications drops** However, National Office of Statistics **[figures](https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/833697/Planning_Applications_April_to_June_2019.pdf)** released today showed the number of planning applications in England for the second quarter was 4 percent down on the previous year. Granted residential applications showed an 8 percent year-on-year decline of 10,900 – 1,400 for major developments and 9,500 for minor ones. ### Development Loans by HZA Brokers **[Hank Zarihs Associates](https://www.hankzarihs.com/news/finance-news/)** said lenders wanted to see the planning process improved so that decisions on granting construction loans and development and refurbishment finance could be speeded up. [![4 Banner](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner.gif "4-Banner - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) Mr Stewart warned a no-deal Brexit could stymie Scotland’s progress. “Private house builders are particularly vulnerable to the implications of Brexit. Construction material imports to the UK from EU member states accounted for more than 60 percent of the total value of construction material imports to the United Kingdom in 2018.” He pointed out that the Scottish construction sector employed 7,000 EU nationals in 2017 and that a ‘no deal’ exit would pose significant risks to builders’ supply chains. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Development Loan Real Estate, instant construction loans, instant refurbishment finance, Online Refurbishment Finance --- ### [SME housebuilders back moves to banish poor workmanship](https://www.hankzarihs.com/bridging-loans-sme-housebuilders/) **Published:** February 26, 2020 **Author:** Shiraz Khan **Content:** **Bridging Loans News**:- Giving house buyers compensation if their new home is badly built has received support from smaller developers. The Federation of Master Builders, FMB, said it was right the new homes ombudsman would be backed up by law. The trade body called for SME builders to be central for developing the scheme and new code of practice. FMB chief executive, Brian Berry, said: “The details of this sensible step are still to be worked out, and the SME building industry must be central in the process as the funding, standards, and delivery model are decided upon.” ### **Our Bridging Finance** range covers auction purchases, to private sales and all levels of refurbishment works. Bridging finance is ideal when you need funding fast, with minimal fuss or paperwork. ProductMax LTVUp to 50% LTV50.01 – 65.00% LTV65.01 – 75.00% LTVTerm & RepaymentArrangement Fee**Residential***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.43% pm0.53% pm0.60% pmMaximum term 24 months No minimum interest or ERCs Interest Fully Rolled Up, Part-Rolled Up or Serviced (subject to affordability) The net advance will be less total potential interest over the term with the gross loan calculated as interest for the entire term and the arrangement fee added.1% -1.5% Full fee added to the loan. **Semi Commercial***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.6% pm0.6% pm0.6% pm**Commercial***Including Light Refurbishment* Up to 70% Lower of PP or MV 0.75% pm**Residential***Heavy Refurbishment* Up to 75% Lower of PP or MV 0.60% pm0.65% pm0.7% pm**Commercial and Semi Commercial***Heavy Refurbishment* Up to 70% Lower of PP or MV 0.83% pm0.83% pm0.7% pm Housing secretary, Robert Jenrick, announced on the 24th February that consumers would be protected by an independent new homes’ **[ombudsman](https://www.gov.uk/government/news/housing-secretary-clamps-down-on-shoddy-housebuilders)**. “It is unacceptable that new houses have in many cases been built to a shoddy standard and that some housebuilders have displayed poor service when house buyers find that they have problems with their new home,” he told MPs in the Commons. “Poor-quality builders will now have to pay compensation for shoddy workmanship, and housebuilders must join the new ombudsman scheme, so all house buyers will see swift action to resolve the issues that they encounter.” Mr Jenrick said new laws will require all developers to belong to the ombudsman scheme which would have the power to ban rogue developers and order developers to fix poor building work. New measures are being put into place to ensure all homes sold under the government’s help-to-buy scheme meet high-quality standards. ## **Less is more** Property agents, Savills, said Mr Jenrick’s reference to building one million new homes over the current government’s term suggested annual delivery targets could drop from 300,000 to 200,000. Savills residential research analyst, Nicholas Gibson, said: “I think there is a shift in focus to get the quality standards up.” powered by [Typeform](https://admin.typeform.com/signup?utm_campaign=SzJRkH&utm_source=typeform.com-01DY2KVM9D1PVD9BEMC0QQG2F9-professional&utm_medium=typeform&utm_content=typeform-embedded-poweredbytypeform&utm_term=EN) However, the FMB would like the government to go further with a licensing scheme. Mr Berry said: “The drive towards ensuring quality for the consumer cannot be fully achieved without an industry-wide adoption of a licensing scheme. “So long as any company is legally allowed to undertake construction work in the UK without having to demonstrate a minimum level of competence, homeowners will remain at risk from rogue builders and poor service, leading to the sorts of complaints that the new homes ombudsman has been established to address.” Currently, homebuyers who purchase new builds have no independent way of challenging developers’ service or poor workmanship. ### Bridging Loans by HZA Brokers **[Hank Zarihs Associates](https://www.hankzarihs.com/news/)** said raising housebuilding standards was something development finance lenders would be pleased to see. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Bridge Finance Lenders, Bridging Finance Rates Uk, Construction Finance london, Home Bridge Finance --- ### [Former biscuit factory to offer more than 1,500 new London homes](https://www.hankzarihs.com/bridging-loans-biscuit-factor/) **Published:** February 24, 2020 **Author:** Shiraz Khan **Content:** **Bridging Loans News**:- The £500m redevelopment of Bermondsey’s former biscuit factory and campus in Southwark to offer 1,548 new homes has been approved by the Greater London Assembly, GLA. The decision overturns Southwark council’s rejection of developers Grosvenor Britain & Ireland’s scheme last year because it offered insufficient social housing. Architects KPF and Cottrell & Vermeulen’s re-worked **application** comprises buildings of five to 35 storeys with rooftop gardens. The GLA approved the scheme because the new application had increased the proportion of affordable homes. ### **Our Bridging Finance** range covers auction purchases, to private sales and all levels of refurbishment works. Bridging finance is ideal when you need funding fast, with minimal fuss or paperwork. ProductMax LTVUp to 50% LTV50.01 – 65.00% LTV65.01 – 75.00% LTVTerm & RepaymentArrangement Fee**Residential***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.43% pm0.53% pm0.60% pmMaximum term 24 months No minimum interest or ERCs Interest Fully Rolled Up, Part-Rolled Up or Serviced (subject to affordability) The net advance will be less total potential interest over the term with the gross loan calculated as interest for the entire term and the arrangement fee added.1% -1.5% Full fee added to the loan. **Semi Commercial***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.6% pm0.6% pm0.6% pm**Commercial***Including Light Refurbishment* Up to 70% Lower of PP or MV 0.75% pm**Residential***Heavy Refurbishment* Up to 75% Lower of PP or MV 0.60% pm0.65% pm0.7% pm**Commercial and Semi Commercial***Heavy Refurbishment* Up to 70% Lower of PP or MV 0.83% pm0.83% pm0.7% pm London’s deputy mayor for planning, regeneration and skills, Cllr Jules Pipes, said:“The site has the potential to deliver more than 1,500 new homes in an area of London with a high demand for affordable housing, close to transport links and central London. “It will also provide new facilities for a secondary school which is currently housed in dated buildings.Overall, it would make a significant contribution tothe regeneration of this part of Bermondsey.” The proportion of affordable housing has increased from 27.5 to 35 per cent with 342 homes offered at a discount market rate and 140 at social rent levels for tenants referred by the local authority. London mayor Sadiq Khan saw the application last May and decided to take it over for further scrutiny. Since his intervention, the number of homes has increased from 1,342 homes to 1,548. ## **Project set to boost Bermondsey’s economy** The plans include new facilities for a600-pupil secondary school, 14,666 sqm of flexible commercial space, including affordable workspaces, and 3,436 sqm of retail space.They also include five acres of open land with 141 new trees planted and two new pedestrian routes through nearby railway arches. powered by [Typeform](https://admin.typeform.com/signup?utm_campaign=SzJRkH&utm_source=typeform.com-01DY2KVM9D1PVD9BEMC0QQG2F9-professional&utm_medium=typeform&utm_content=typeform-embedded-poweredbytypeform&utm_term=EN) Grosvenor’s major projects executive director, Simon Harding Roots, said: “We have worked hard over the seven years we have owned the site. We have committed considerable time, energy and resources, and consulted widely. Time well spent to create a masterplan that is fully integrated with the surrounding long-standing community.” It’s expected the project will generate 1,400 new jobs on completion as well as 1,500 jobs during construction. ### Bridging Loans by HZA [Finance brokers Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance lenders would be keen to offer funding given the scheme’s central location. The 6.2ha siteis just five minutes’ walk from Bermondsey tube and ten minutes’ walk from Canada Water. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Bridging Finance London, Development Finance Lenders, Development Finance Lenders Uk, houses prices in UK --- ### [Edinburgh’s biggest brownfield regeneration could realise £1.3bn](https://www.hankzarihs.com/development-loans-edinburgh-brownfield/) **Published:** February 20, 2020 **Author:** Shiraz Khan **Content:** **Development Loans News**:- Edinburgh’s former National Grid site at Granton waterfront is set for a major regeneration with a possible 3,500 new homes built on the 120-acre area. The site is 2.5 miles north of the city centre and lies on the Firth of Forthand is home to Edinburgh’s last remaining gas holder and the former Granton railway station. A new coastal park linking Granton harbour with Gypsy Brae is planned to re-connect the city with its waterfront with the open space used for festivals and outdoor activities. The city council is investing around £196m to accelerate regeneration and attract private and public funding for the £844m scheme, which has an estimated £1.3bngross development value. ### **Our Bridging Finance** range covers auction purchases, to private sales and all levels of refurbishment works. Bridging finance is ideal when you need funding fast, with minimal fuss or paperwork. ProductMax LTVUp to 50% LTV50.01 – 65.00% LTV65.01 – 75.00% LTVTerm & RepaymentArrangement Fee**Residential***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.43% pm0.53% pm0.60% pmMaximum term 24 months No minimum interest or ERCs Interest Fully Rolled Up, Part-Rolled Up or Serviced (subject to affordability) The net advance will be less total potential interest over the term with the gross loan calculated as interest for the entire term and the arrangement fee added.1% -1.5% Full fee added to the loan. **Semi Commercial***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.6% pm0.6% pm0.6% pm**Commercial***Including Light Refurbishment* Up to 70% Lower of PP or MV 0.75% pm**Residential***Heavy Refurbishment* Up to 75% Lower of PP or MV 0.60% pm0.65% pm0.7% pm**Commercial and Semi Commercial***Heavy Refurbishment* Up to 70% Lower of PP or MV 0.83% pm0.83% pm0.7% pm Edinburgh citycouncilleaderCllr Adam McVeysaid the proposed development offered an opportunity to showcase the city’s commitment to becoming a net-zero carbonplace by 2030. “We are committed to working with the local community and partners to create vibrant new neighbourhoods where people live and travel and grow the economy in an eco- friendly way,” he said. At least 35 per cent of the new homes will be affordable with a school, medical centre, new cycling and walking routes and morebuses to the city centre with the possibility of a new tramline. ## **Scheme expected to stimulate jobs growth** Car parking for the site has been reduced to a maximum of 25 per cent with 9,000 sqmdedicated tocultural hubs and business start-ups. Deputy leader, Cllr Cammy Day, said: “The regeneration of Granton will create hundreds of new jobs linked to the growth of new services, business, leisure and creative industries and will strengthen the retail and small businesses that already exist.” powered by [Typeform](https://admin.typeform.com/signup?utm_campaign=SzJRkH&utm_source=typeform.com-01DY2KVM9D1PVD9BEMC0QQG2F9-professional&utm_medium=typeform&utm_content=typeform-embedded-poweredbytypeform&utm_term=EN) The masterplan for the development is to be published later today with the **[plans](https://democracy.edinburgh.gov.uk/documents/s14342/Item%207.12%20-%20Granton%20Waterfront%20Leading%20the%20Way%20in%20Sustainable%20Development%20Programme%20Delivery%20Plan.pdf)** presented to the council’s policy and sustainability committee on Tuesday, February 25. Edinburgh College, National Museums Scotland and National Galleries Scotland, who all have land and buildings along the waterfront, are among the public sector partners committed to the scheme. ### Development Loans by HZA Brokers **[Hank Zarihs Associates](https://www.hankzarihs.com/news/)** said the initiative was in a strong position to attract development finance and construction loans because of the city’s housing shortage and strong house price growth. Edinburgh’s population is projected to increase by six per cent over the next ten years from 526,000 in 2020 to 558,000 in 2030. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Bridging Finance Edinburgh, Bridging Finance News, bridging loans london, property development loans --- ### [Edinburgh’s sports hotspot set to have 600 new homes](https://www.hankzarihs.com/bridging-loans-edinburghs-homes/) **Published:** February 18, 2020 **Author:** Shiraz Khan **Content:** Plans to build up to 600 low-carbon homes at Edinburgh’s Meadowbank sports centre moved a step closer with the city council approving the site’s redevelopment masterplan. Collective Architecture has designed a mixed-use development with shops and offices on the ground floor with flats above and space for a GP surgery and other community facilities. One-fifth of the homes will be for families and the scheme will also offer provision for the elderly. Housing, homelessness and fair work convener, Cllr Kate Campbell, said the plans had taken on wide-ranging feedback from the community. ### **Our Bridging Finance** range covers auction purchases, to private sales and all levels of refurbishment works. Bridging finance is ideal when you need funding fast, with minimal fuss or paperwork. ProductMax LTVUp to 50% LTV50.01 – 65.00% LTV65.01 – 75.00% LTVTerm & RepaymentArrangement Fee**Residential***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.43% pm0.53% pm0.60% pmMaximum term 24 months No minimum interest or ERCs Interest Fully Rolled Up, Part-Rolled Up or Serviced (subject to affordability) The net advance will be less total potential interest over the term with the gross loan calculated as interest for the entire term and the arrangement fee added.1% -1.5% Full fee added to the loan. **Semi Commercial***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.6% pm0.6% pm0.6% pm**Commercial***Including Light Refurbishment* Up to 70% Lower of PP or MV 0.75% pm**Residential***Heavy Refurbishment* Up to 75% Lower of PP or MV 0.60% pm0.65% pm0.7% pm**Commercial and Semi Commercial***Heavy Refurbishment* Up to 70% Lower of PP or MV 0.83% pm0.83% pm0.7% pm “We’re proposing over a third of the homes we build at Meadowbank will be affordable – with most of those for social rent. To support our ambition to be a carbon-neutral city by 2030, we’re also going to create great public spaces for children to play and people to meet, walk and cycle through. “We’re prioritising people over cars and keeping parking to a minimum as well as building high-quality energy efficient homes.” ## **Green spaces to be enhanced** The rare Wheatley elms at the western edge of the site along London road are to be protected with new species supporting biodiversity to be planted. Landscape architects Raeburn Farquhar Bowen have designed a network of walkways with play and park spaces and a rain garden. The 13-acre site is next to Lochend Park with views of Arthur’s Seat and is just five-minutes-walk to Holyrood Park and 35 minutes to Waverley train station. The new Meadowbank sports centre, on the former stadium where Edinburgh hosted the Commonwealth Games in 1970 and 1986, is expected to be finished later this year. The city council’s development management sub-committee is to consider the [masterplan](https://consultationhub.edinburgh.gov.uk/sfc/dd57c1d3/supporting_documents/MB%20DandA%20Compressed.pdf) in more detail this summer. powered by [Typeform](https://admin.typeform.com/signup?utm_campaign=SzJRkH&utm_source=typeform.com-01DY2KVM9D1PVD9BEMC0QQG2F9-professional&utm_medium=typeform&utm_content=typeform-embedded-poweredbytypeform&utm_term=EN) ### **Bridging Loans by HZA** [Financial brokers Hank Zarihs Associates](https://www.hankzarihs.com/) said the scheme was in a strong position to attract property development funding because of it’s close location to the city centre. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** 2nd charge loans, Bridging Finance Uk, property auction funding, property development funding --- ### [Councils under pressure to hit housing land supply targets.](https://www.hankzarihs.com/bridging-loans-council-land/) **Published:** February 17, 2020 **Author:** Shiraz Khan **Content:** **Bridging Loans News**:- South East England councils were among the worst at delivering land for housing according to [**figures**](https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/865538/Housing_Delivery_Test_2019_Measurement.xlsx) released by the ministry for housing, communities and local government, MHCLG. The City of London, Havering and Thanet delivered just 35 per cent of the land they were required to provide for housing in the three years to March 2019. They were followed by Basildon, Eastbourne, North Hertfordshire, New Forest and Three Rivers who reached just 45 per cent of their target. Savills associate residential research director Hamish Simmie said: “The idea behind posting this data is to highlight transparency. The only way they are going to get local authorities to sit up and listen is to impose these sanctions.” The eight local authorities below the 45 per cent mark now face ‘presumption of favour of sustainable development’. This means approval for new housing if it’s in line with an up-to-date development plan. Mr Simmie said this would give councils substantially less control over decision making. ### **Our Bridging Finance** range covers auction purchases, to private sales and all levels of refurbishment works. Bridging finance is ideal when you need funding fast, with minimal fuss or paperwork. ProductMax LTVUp to 50% LTV50.01 – 65.00% LTV65.01 – 75.00% LTVTerm & RepaymentArrangement Fee**Residential***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.43% pm0.53% pm0.60% pmMaximum term 24 months No minimum interest or ERCs Interest Fully Rolled Up, Part-Rolled Up or Serviced (subject to affordability) The net advance will be less total potential interest over the term with the gross loan calculated as interest for the entire term and the arrangement fee added.1% -1.5% Full fee added to the loan. **Semi Commercial***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.6% pm0.6% pm0.6% pm**Commercial***Including Light Refurbishment* Up to 70% Lower of PP or MV 0.75% pm**Residential***Heavy Refurbishment* Up to 75% Lower of PP or MV 0.60% pm0.65% pm0.7% pm**Commercial and Semi Commercial***Heavy Refurbishment* Up to 70% Lower of PP or MV 0.83% pm0.83% pm0.7% pm ## **Councils covering property hotspots struggled the most** Savills said the results showed a cluster of poor performing authorities in and around Greater London and Greater Manchester. These areas are characterised by high housing need, heavily restricted land supply and severely reduced housing affordability. powered by [Typeform](https://admin.typeform.com/signup?utm_campaign=SzJRkH&utm_source=typeform.com-01DY2KVM9D1PVD9BEMC0QQG2F9-professional&utm_medium=typeform&utm_content=typeform-embedded-poweredbytypeform&utm_term=EN) The MHCLG figures showed 74 councils’ delivery fell between 45 and 85 per cent requiring them to find an additional 20 per cent of land for housing on top of the current requirement. Twenty-six councils delivered between 85 and 95 per cent of need and will be asked to write an action plan showing how they will increase delivery over the next year.The remaining 67 per cent of local authorities passed the test entirely, delivering over 95 per cent of their housing requirement in the three years to March 2019. powered by [Typeform](https://admin.typeform.com/signup?utm_campaign=SzJRkH&utm_source=typeform.com-01DY2KVM9D1PVD9BEMC0QQG2F9-professional&utm_medium=typeform&utm_content=typeform-embedded-poweredbytypeform&utm_term=EN) ### Bridging Loans By HZA Brokers Hank Zarihs Associates said the government delivery tests were a useful tool for ensuring councils meet their housing targets and would be welcomed by [**development finance lenders**](https://www.hankzarihs.com/news/). ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** All Bridge Finance, Bridge Finance Lenders, Bridge Finance Uk, non status bridging finance --- ### [First-time buyers’ 30 pc discount set to kick start building](https://www.hankzarihs.com/property-loans-first-time-buyers/) **Published:** February 7, 2020 **Author:** Shiraz Khan **Content:** **Property Loans News**:- Young people priced out of buying in their hometown, key workers and veterans could get up to a third off the price of their first home, said housing secretary, Robert Jenrick, today. House builders support the move and believe it’s an improvement on the ineffective starter home initiative launched by the former prime minister, David Cameron, and his chancellor, George Osborne. [**Home Builders Federation**](https://www.hbf.co.uk/) communications director, Steve Turner, said: “It will help another part of the market get into home ownership which will, in turn, help house building. “You have to have certainty of demand and if you create this, this will help the market.” The [**First Homes** ](https://www.gov.uk/government/consultations/first-homes)scheme would lower deposit and mortgage requirements on a proportion of new homes with the government consulting on how to do this. Mr Jenrick said the initiative would be “genuinely life-changing” for everyone in England looking to buy their first home. “A proportion of new homes will be made available at a 30 per cent market discount rate – turning the dial on the dream of homeownership. “The discount will be passed on with the sale of the property to future first-time buyers, helping thousands more people in years to come and ensuring local communities can stick together.” ### **Our Bridging Finance** range covers auction purchases, to private sales and all levels of refurbishment works. Bridging finance is ideal when you need funding fast, with minimal fuss or paperwork. ProductMax LTVUp to 50% LTV50.01 – 65.00% LTV65.01 – 75.00% LTVTerm & RepaymentArrangement Fee**Residential***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.43% pm0.53% pm0.60% pmMaximum term 24 months No minimum interest or ERCs Interest Fully Rolled Up, Part-Rolled Up or Serviced (subject to affordability) The net advance will be less total potential interest over the term with the gross loan calculated as interest for the entire term and the arrangement fee added.1% -1.5% Full fee added to the loan. **Semi Commercial***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.6% pm0.6% pm0.6% pm**Commercial***Including Light Refurbishment* Up to 70% Lower of PP or MV 0.75% pm**Residential***Heavy Refurbishment* Up to 75% Lower of PP or MV 0.60% pm0.65% pm0.7% pm**Commercial and Semi Commercial***Heavy Refurbishment* Up to 70% Lower of PP or MV 0.83% pm0.83% pm0.7% pm ## Pricey places would be more accessible Popular places for second homes such as Cornwall, where the average cost of a new home is £246,000, would mean savings of more than £73,000, for example. The scheme would also deliver big savings in areas where prices are high such as the South East. The average cost of a new build home in England is £314,000. Under First Homes, a property sold with 30 per cent off would deliver a £94,000 saving taking more than £18,000 off a 20 per cent deposit. Homeowners Alliance chief executive, Paula Higgins, said: “We look forward to contributing to the consultation and working with the government to ensure that the scheme does what it says on the tin – more high quality and affordable local homes for current and future first-time buyers.” The government is consulting on a price cap on properties available through the scheme, similar to the ones on stamp duty and the new help-to-buy equity loan scheme. powered by [Typeform](https://admin.typeform.com/signup?utm_campaign=SzJRkH&utm_source=typeform.com-01DY2KVM9D1PVD9BEMC0QQG2F9-professional&utm_medium=typeform&utm_content=typeform-embedded-poweredbytypeform&utm_term=EN) ### Property Loans by HZA Brokers Hank Zarihs Associates said [**development finance lenders**](https://www.hankzarihs.com/news/) would be interested in studying the proposals in more detail. The brokerage added that a discount passed onto the next local buyer would make a lasting difference in expensive areas. The government said it was determined to rebalance the housing market through schemes such as First Homes and pointed out it had extended the help-to-buy equity loan scheme to 2023. Government figures show first-time buyers reaching 357,090 – an 11-year annual high and an increase of 84 per cent since 2010. The percentage of home-owning 25 to 34-year-olds has grown from 36 per cent to 41 per cent over the last five years. \[stag\_sidebar id=’inner-newsletter’\] ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** 2nd charge bridging loan, Bridge Finance London, Bridging Finance Lenders, UK House Market --- ### [Battersea estates in South London set to get new homes in major makeover](https://www.hankzarihs.com/bridging-loans-london-battersea/) **Published:** February 3, 2020 **Author:** Shiraz Khan **Content:** **Bridging Loans London News**:- Ambitious plans to build 2,550 new homes and transform two 1960s and 1970s housing estates, opposite Clapham Junction station, have been approved by **Wandsworth** council. The £1.4bn joint venture between the council and Taylor Wimpey includes a 2.49-hectare public park, leisure and community centre, library, children’s centre and nursery. Wandsworth council leader, Cllr Ravi Govindia, said the detailed plans included the views of residents and the local community through extensive consultation of 7,000 households. “The regeneration of this area will bring forth more than just new homes, we are building a new leisure centre, new library, and a new children’s centre around a new park. We want to build new homes and an exciting future for all who live in them.” The homes will be a mixture of tenures including open market sale, private rent, shared ownership and social rent; at least 35 per cent must be affordable. Wandsworth council expects the project to create 388 new jobs boosting the local economy by an estimated £207.6m. It has already started building 46 new affordable homes for existing tenants as part of the first phase of the development. Taylor Wimpey’s major developments director, Lee Bishop, said his company was delighted about the council’s decision. “The proposals will deliver major benefits to the community – not least a significant number of quality new homes, but also a range of new community facilities.” Wandsworth Council is also building 107 new social rent homes on other sites in Battersea to help with initial rehousing of existing residents. ## **Long-running plans need to jump a final hurdle** The Mayor of London, Sadiq Khan, is to have the final say as to whether the scheme is approved. He was critical over the drop in the final number of affordable homes built at the £9bn development of Battersea Power Station. Wandsworth councillors have also approved plans to build up to 759 new homes on three plots of the former Royal Mail site in Nine Elms next to Battersea Power Station. Across the entire former Royal Mail site, 1,950 homes are planned by 2025, 363 of which would be affordable. ### Bridging Loans London by HZA Brokers **Hank Zarihs Associates** said development finance lenders would be keen to offer funding for new build and refurbishment for this part of London because of its good transport links. [![4 Banner](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner.gif "4-Banner - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) Work across the whole scheme is expected to complete by the early 2030s. Consultation on redeveloping the estates first started several years ago with more than two-thirds of residents calling for the estate to be knocked down rather than refurbished. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** best bridging loans, Bridging Finance Lenders, Bridging Finance Uk, bridging loans london --- ### [Turning ugly neighbourhoods into beautiful ones](https://www.hankzarihs.com/property-development-ugly-neighbourhoods/) **Published:** January 30, 2020 **Author:** Shiraz Khan **Content:** **Property Development News**:- Ending the scandal of left-behind places and derelict buildings with a cut in VAT for renovations and repairs has won the vote of smaller builders. The government-commissioned report, **Living with Beauty***,* calls on settlements to be renewed regenerated and cared for as well as every new home to have access to a fruit tree. The Federation of Master Builders, FMB, has campaigned for VAT on restoring existing buildings to be cut to zero. FMB chief executive, Brian Berry, said: “I am glad the commission has highlighted the perverse situation where people are incentivised to demolish old buildings, rather than restoring them, due to our archaic VAT regime, which puts a zero-rating on new build but charges 20 per cent for repair and maintenance. If we want to restore and maintain our beautiful heritage it is vital we correct this anomaly in the tax system.” Mr Berry said FMB research had shown a cut in VAT for renovations and repairs would lead to a reduction of CO2 of 240,000 tonnes across 92,000 homes. # **Zero-carbon homes should be the norm** *Living with Beauty,* by the building better, building beautiful commission, advocates greening of towns and cities and promoting a wider sense of place where settlements are renewed and regenerated. Housing secretary, Robert Jenrick, said: “I am interested in the proposal of a ‘fast track for beauty’. Where individuals and developers have put in the time to create proposals for well-designed buildings, which use high quality-materials and take account of their local setting, it can’t be right their planning applications are held up.” Led by the late Tory academic, Sir Roger Scruton and Create Streets founder, Nicolas Boys Smith the 173-paged *Living with Beauty* has 44 policy recommendations. These include planting two million trees over the next five years, opening old canals and increasing democracy involving communities in local plans. Mr Jenrick said he supported built and natural environments working in harmony and reiterated the government’s desire to see zero-carbon homes built as standard within the next five years. ## **Design matters** Living with Beauty calls for ugly schemes to be turned down for planning and their rejection publicised. “We need a clearer approach to reduce planning risk and to permit a greater range of small firms, self-build, custom-build, community land trusts and other market entrants and innovators to act as developers,” said the authors. The report calls on placemaking to be legally enshrined and included in national planning policy frameworks. It also wants to see the tightening of permitted developer rights with minimum room sizes moved into building regulations. “The government should evolve a mechanism whereby meaningful local standards of design and placemaking can efficiently apply to permitted development rights,” it advises. ### Property Development by HZA Brokers **[Hank Zarihs Associates](https://www.hankzarihs.com/news/)** said Living with Beauty’s emphasis on fostering a greater diversity of developers was something smaller builders and property development lenders were keen to see. [![Fast Bridging Loans](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Bridge Finance London, Development Loan Uk, property development lenders, residential bridge finance --- ### [New housing supply falters while demand for new home grows](https://www.hankzarihs.com/housing-loan-new-home-grows/) **Published:** January 29, 2020 **Author:** Shiraz Khan **Content:** **Housing Loan News**:- Housing demand is up 26 per cent over the first few weeks of 2020 compared to the same period over the last two years claims, online property agent **Zoopla**. Zoopla predicts Nottingham, Edinburgh and Glasgow as the cities with the strongest prospects for 2020, indicating they will be at the top end of a narrow range of price growth for 2020. It’s house price track of 20 UK cities saw prices in December 2019 reached a two-year high increase of 3.9 per cent. Analyst, Richard Donnell, said: “We see green shoots of returning market optimism. At a regional level, affordability of local stock is driving growth forecasts for Northern and Midlands cities, while in the South, the picture is more subdued.” Increases in regional cities with attractive affordability such as Birmingham and Nottingham, along with a 1.9 per cent positive price growth in London, have supported the overall 3.9 per cent rise. Zoopla said growth in the South, in cities such as Bournemouth, Southampton and Oxford, would be more constrained due to affordability factors. ## **New build starts down in 2019** Ministry of housing, communities and local government, MHCLG, **[estimates](https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/861444/House_Building_Release_September_2019.pdf)** a figure of 39,510 new starts from July to September 2019 in England – an 11 per cent year-on-year decrease. Private enterprise new build starts in the September quarter were up by 3 per cent on the previous quarter, but housing association starts were down 4 per cent. Although, overall the July to September quarter was 2 per cent higher than the previous three months. MHLG said completions between July and September 2019 were 82 per cent above the trough in the March quarter 2013 and 5 per cent below the March quarter 2007 peak. The centre-right think tank, Policy Exchange, has submitted a report to Number 10 Downing Street which **[The Times](https://www.thetimes.co.uk/article/english-planning-laws-should-help-growth-not-block-it-lr7lgffhl)** newspaper has reported as removing councillors right to turn down housing applications. Instead, there would be a system where land would either be approved for development or building banned. Developers would follow standardised rules double-checked by planning officers. ### **Housing Loan by** HZA Brokers Hank Zarihs Associates said this would make it easier for [development finance lenders to offer construction loans](https://www.hankzarihs.com/development-finance/) to more home builders. [![Fast Bridging Loans](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Construction Finance london, Development and Refurbishment Finance, Development Finance Lenders, houses prices in UK, housing --- ### [Edinburgh set to invest £2.5bn in modernising and building new homes](https://www.hankzarihs.com/property-funding-edinburgh-invest/) **Published:** January 27, 2020 **Author:** Shiraz Khan **Content:** Edinburgh city council has earmarked £2.5bn for housing and plans to build 20,000 new homes by 2028. The money will go towards modernising existing homes with 10,000 of the new properties to be affordable. Housing, homelessness and fair work convener, Cllr Kate Campbell, described the investment as one of the ‘most ambitious’ for any local authority in the UK. “We need to address the huge housing pressures facing our city and we’re doing this with one of the biggest new-build programmes in Scotland,” she said. The number of people living in the capital has increased by 14 per cent since 2005 bringing the city’s total population to 489,000. # **New housing must be green** Cllr Campbell said the new homes would generate seven times less carbon than the average existing home. Edinburgh has ambitious plans to be the UK’s first net zero-carbon city by 2030. However, nearly half of the city’s housing, totalling 107,704 homes, was built before 1945 requiring complex upgrades to reduce energy demand. The council has said the new affordable homes must have an energy efficiency rating of EPC B and would be setting up a carbon innovation fund in 2021 to pilot cutting edge design and retrofits. It’s interested in adopting Passivhaus standards where heat leaving the building is captured and via a ventilator introduced to incoming fresh air. This along with high insulation standards makes these homes 90 per cent more energy-efficient than the average house. Cllr Campbell said the investment would support the redevelopment of 50 hectares of land on the former Granton **Gasworks**. Around 3000 to 3,500 new homes are proposed for the site, lying 3km north of the city centre, along with commercial and recreational space. The development framework for Granton is expected to go to committee for approval within the next few months. [Brokers Hank Zarihs Associates](https://www.hankzarihs.com/) said property development funding new housing schemes in Edinburgh was strong thanks to the city’s growing finance and tech sector. [![Fast Bridging Loans](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** best bridging finance, Bridging Loan london, Development Finance Uk, property development funding --- ### [3-D printing of homes in the UK still under wraps](https://www.hankzarihs.com/development-finance-3d-homes-uk/) **Published:** January 22, 2020 **Author:** Shiraz Khan **Content:** **Development Finance News**:- The UK is lagging behind other countries when it comes to harnessing 3-D printing to build new homes, a leading academic has said. Civil engineering and environmental materials associate professor at **[Brunel London University](https://www.brunel.ac.uk/people/seyed-ghaffar)**, Dr Seyed Ghaffar, is working with housing associations and **[CyBe Construction](https://www.youtube.com/watch?v=44pcl1N2QMw)** to produce a prototype. But said it was a challenge convincing investors to take the plunge and back his project. “They are split on this. Some of them are very encouraging about it and some of them don’t believe in it – they think it is a fairy tale.” His house will be built using cement which uses recycled material from demolition sites. Dr Ghaffar argues 3-D printing offers significant savings on labour costs making it a convenient and safe construction method. “There is no need for form work, in other words, creating a mould to pour the concrete mixture as in 3-D printing a robotic arm with a nozzle prints layer on layer and sets rapidly.” Dr Ghaffar hopes his prototype will convince UK decision-makers that 3-D printing is the way forward for construction. ## **The big apple home to the largest 3-D house ever produced** Earlier this month US technology firm SQ4D’s printed a two-storey 1,900 sq ft home in New York, believed to be the biggest house produced this way. The property took 48 hours to print over eight days using a mixture of mortar, concrete and stone and costing less than $6000, around £4600, to build. [**SQ4D**](https://www.sq4d.com/) gained a permit to print houses in New York in July last year with competitor Icon gaining a licence in March 2019 to produce homes this way in Texas. ### **Printed houses set to reduce carbon emissions** SQ4D operations director, Kirk Andersen, said his company had a new machine in the pipeline which would be capable of constructing buildings up to 50 storeys high. Mr Andersen said the materials for 3-D houses could include CO2 taken from the atmosphere and bottled into the concrete mixture making the homes carbon negative. Dubai has been at the forefront of 3-D printing of homes and has said they want to build one million 650 sq foot houses this way over the next five years. #### Development Finance by HZA Brokers **[Hank Zarihs Associates](https://www.hankzarihs.com/news/)** said property development finance lenders would be interested in sponsoring this type of construction particularly because of its capability to use recycled materials. [![Fast Bridging Loans](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** best bridging finance, Bridging Loan london, Development Loan Uk, property development finance --- ### [Scottish home builders push for longer term funding security](https://www.hankzarihs.com/construction-loans-scottish-builders/) **Published:** December 18, 2019 **Author:** Shiraz Khan **Content:** **Construction Loans News**:- Housebuilders north of the border are urging the government to extend help-to-buy to 2023 in line with England. The scheme finishes in Scotland at the end of March 2021, shortly before Scottish parliament elections in May, which Homes for Scotland, HfS, argues is too soon. The home builders’ trade body fears without clarity over future funding there’s a risk the larger homebuilders will prioritise markets south of the border. HfS policy director, Fiona Kell, said: “We believe something as important as housing should be across parliamentary terms and shouldn’t operate across electoral cycles.” The organisation’s comments follow national **[statistics](https://news.gov.scot/news/18-percent-rise-in-number-of-new-build-homes-completed)** released this week showing an 18 per cent rise in new house completions for the year ending June 2019 – the highest figure since 2008. However, HfS points out that for the first part of this year there was a decrease in new homes completed. HfS chief executive, Nicola Barclay, said: “A deeper delve into the statistics reveals a five per cent drop in completions between the first quarter and the second quarter 2019, demonstrating the fragility that still exists across the housing market.” The trade body said the registered social landlords’ 55,000 new affordable homes by March 2021 would be a tough target to hit without a future budget in place. “It is critical that our registered social landlord members receive certainty on grant funding levels post-2021. This will enable builders across the housing spectrum to plan their investment programmes accordingly to deliver more homes for Scotland,” said Ms Barclay. The Scottish government press office said it would indicate about longer-term funding once the UK government announces its budget date, likely to be early 2020. ## **First-time buyers’ initiative goes live** Scotland launched a £150m first home buyers’ **[fund](https://www.gov.scot/policies/homeowners/first-home-fund/)** this week where borrowers will be given up to £25,000 for the purchase of a new or existing property as long as they can provide a five per cent deposit. It’s estimated this will help up to 6,000 people buy their first home. There is no price cap on the value of the property, unlike the help-to-buy scheme which has a £200,000 limit. Ms Kell said this was a positive move especially as house prices in Edinburgh were generally above the £200,000 mark. First minister, Nicola Sturgeon, said: “Removing barriers and supporting people to buy the home they want is at the heart of this new fund. That is why we are acting to make the process fairer, to offer a helping hand to those buying a new home.” ### Construction Loans by HZA Brokers **[Hank Zarihs Associates](https://www.hankzarihs.com/news/)** said development finance lenders were keen to grant construction loans for new housing schemes but agreed home builders needed to know more about future government funding. [![4 Banner](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner.gif "4-Banner - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** 2nd charge bridging loan, Bridging Finance Lenders, construction loans london, Fast Commercial Loans --- ### [Large housebuilders show lack lustre design performance](https://www.hankzarihs.com/bridging-finance-large-housebuilders/) **Published:** January 21, 2020 **Author:** Shiraz Khan **Content:** **Bridging Finance News**:- Poorly designed houses are getting through on appeal and are undermining the government’s planning policy, according to the findings of a national design audit. UCL Bartlett School of Planning’s [**study**](https://indd.adobe.com/view/23366ae1-8f97-455d-896a-1a9934689cd8) of 142 different sites in England, built by volume housebuilders, found three quarters were of poor or mediocre design with only a quarter rated good or very good. ### **Our Bridging Finance** range covers auction purchases, to private sales and all levels of refurbishment works. Bridging finance is ideal when you need funding fast, with minimal fuss or paperwork. ProductMax LTVUp to 50% LTV50.01 – 65.00% LTV65.01 – 75.00% LTVTerm & RepaymentArrangement Fee**Residential***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.43% pm0.53% pm0.60% pmMaximum term 24 months No minimum interest or ERCs Interest Fully Rolled Up, Part-Rolled Up or Serviced (subject to affordability) The net advance will be less total potential interest over the term with the gross loan calculated as interest for the entire term and the arrangement fee added.1% -1.5% Full fee added to the loan. **Semi Commercial***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.6% pm0.6% pm0.6% pm**Commercial***Including Light Refurbishment* Up to 70% Lower of PP or MV 0.75% pm**Residential***Heavy Refurbishment* Up to 75% Lower of PP or MV 0.60% pm0.65% pm0.7% pm**Commercial and Semi Commercial***Heavy Refurbishment* Up to 70% Lower of PP or MV 0.83% pm0.83% pm0.7% pm The Federation of Master Builders chief executive, Brian Berry, blamed the disappointing results on the decline of smaller housebuilders. Quoting National House Building Council figures, he said the proportion of homes build by SME firms had dropped to 12 per cent in 2017 compared with 40 per cent in the 1980s. “Today’s report shows the impacts of 30 years of market consolidation, which has squeezed out the small builder. SME housebuilders have to compete on quality rather than volume, so it is hardly surprising that a broken housing market dominated by a handful of major developers is failing to deliver what homeowners want and need.” The East Midlands and the South West received the poorest scores with 37 and 32 per cent of schemes below the national average. The South East, the West Midlands and Greater London scored significantly better with 38, 44 and 50 per cent of schemes rated good or very good. The North East, North West, the East of England and Yorkshire and Humberside regions were dominated by schemes classified as mediocre. The audit has called on housebuilders to invest in internal design governance teams and processes to set higher design ambitions. It also wants planning authorities to refuse schemes which don’t meet their published design standards. The report authors have called on the government to fund another national design audit in 2024 and would like to see smaller builders included. ## **Small is beautiful** Mr Berry wants SMEs to have better access to land supply, finance and a simpler planning system. He said FMB research showed homeowners were twice as likely to be ‘very satisfied’ with the quality of their home of it was build by a smaller builder rather than a volume one. powered by [Typeform](https://admin.typeform.com/signup?utm_campaign=SzJRkH&utm_source=typeform.com-01DY2KVM9D1PVD9BEMC0QQG2F9-professional&utm_medium=typeform&utm_content=typeform-embedded-poweredbytypeform&utm_term=EN) ### Bridging Finance by HZA Brokers **[Hank Zarihs Associates](https://www.hankzarihs.com/news/)** said development finance lenders were keen to lend to smaller builders and had improved the different funding options available. [![4 Banner](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner.gif "4-Banner - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) The 2019 audit was the first national one carried out since the abolition of CABE which conducted a series of regional ones between 2004 and 2007. The Council for the Preservation of Rural England and the lobbying group, Place Alliance commissioned the 2019 audit. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** best bridging finance, fast bridging finance, House prices UK, residential bridge loan --- ### [Smaller developers key to boosting quality housing delivery in Scotland](https://www.hankzarihs.com/house-loan-housing-scotland/) **Published:** November 27, 2019 **Author:** Shiraz Khan **Content:** **House Loan News**:-Scotland’s smaller builders need to be cultivated to help the country tackle its backlog demand for new homes, claims Homes for Scotland in a **report** released this week. The trade body said although 2018 was the best year in a decade for housing, small builders’ contribution to the 20,000 plus homes built had fallen by 40 per cent. They accounted for just 2,500 of the new homes, before the 2008 recession they were building an average of 4,000 to 5,000 homes a year. Homes for Scotland, HfS, policy director, Fionna Kell, said the country’s geography meant smaller developers were particularly important. “Quite often the volume housebuilders aren’t active in all parts of Scotland. The big builders are in cities like Glasgow and Edinburgh with the smaller builders tending to build in towns and villages.” Ms Kell said smaller builders were better linked to the local economy in terms of the supply chain and employing local people. HfS stressed that if the SMEs could restore their pre-recession level of building 4,000 homes a year this would create 8,000 new jobs annually. Ms Kell added that SME builders were more likely to tackle smaller brownfield sites than larger companies. “Smaller builders often know and understand very specific local market dynamics better than the volume developers. “They know about the finer nuances with regards to what is viable,” she said. Small-scale home builders working group ambassador, Andy Pearson, agreed that re-invigorating the sector would have a range of benefits. “It would see an increase in and diversity of product as well as improved local employment and supply chain growth, particularly in secondary and more rural locations,” he said. HfS wants the limit for when builders contribute to affordable housing and infrastructure to be raised from a ten-home development to a 12-home one. They would like a graded approach for sites of 13 to 25 homes with provision made for a proportionate capped fee. It wants national standards on design and engineering for new roads. Roads for small sites of up to 50 homes should be adopted within the statutory one-year deadline and there should be an increase of up to 12 homes allowed off a private road, advised the report. ## **Cutting back on planning red tape would make a difference** It also wants councils to stick to the eight-week statutory period for determining an application and would like the number of upfront site investigations before a planning application reduced. “A lot of finance will not cover any costs without planning consent and these costs have to be funded by the developer. We would like a reasonable approach to provide a baseline of technical reports,” said Ms Kell. ### House Loan by HZA Brokers **Hank Zarihs Associates** said this would help SME developers press ahead with gaining construction loans and property development finance more easily and would be a positive step. [![Fast Bridging Loans](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) HfS would also like to see help-to-buy extended to 2023, in line with England’s deadline, with the home value cap raised to £250,000. The organisation is also calling for local development plans to actively consider smaller builders with clearly worded policies stating where windfall development is supported. It wants housing land audits, local place plans and vacant and derelict land registers regularly updated with sites viable for smaller builders promoted. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** best bridging loans, fast bridging loans, House Bridge Finance, House price in scotland --- ### [The mayor digs his heels in over relaxing the capital’s green belt](https://www.hankzarihs.com/property-loans-green-belt/) **Published:** December 19, 2019 **Author:** Shiraz Khan **Content:** **Property Loans News:-** London’s mayor Sadiq Khan has refused to back plans to review the green belt to allow more homes to be built in the city. Instead he’s calling for extension of the green belt and has publicly declared he won’t support de-designation of land. His **[position](https://www.london.gov.uk/sites/default/files/mayors_response_to_inspectors_recomendations_md.pdf)** conflicts with the inspector’s recommendations of the draft London plan which proposes a revision of the green belt. In his December letter to the planning inspectorate, Mr Khan stresses the importance of building on brownfield sites. “The strong emphasis on the green belt is considered justified in order to help prevent urban sprawl, driving the reuse and intensification of previously developed land to ensure the city makes efficient use of its infrastructure, and that inner urban areas benefit from regeneration and investment.” Mr Khan highlights the green belt’s importance in the context of battling global warming and giving the capital’s residents a better quality of life. “It provides many benefits including ensuring transport emissions do not increase from sprawl, supporting London’s resilience to a changing climate, such as preventing flooding, as well as supporting food growing, providing important habitats for wildlife and allowing space for recreation and relaxation for Londoners.” In October the planning inspectorate called for a review of London’s green belt to help the capital hit its target of building 65,000 new homes a year for the next decade. It said the capital’s small sites development target, which was to have delivered 38 per cent of London’s new homes, was unrealistic. Property agents **[Savills](https://www.hankzarihs.com/news/)** estimated that without a review of the green belt, London’s target of new house building a year would drop to 52,000. The ministry of housing local government and communities, MHLGC, has until January 26th to make a decision, although Savills said it expected this deadline to be extended. ## **New housing in the pipeline likely to slow** The Royal Institution of Chartered Surveyors, RICS, housing market **[forecast](https://www.rics.org/globalassets/rics-website/media/knowledge/research/market-surveys/rics-housing-market-forecast-2020-final-interactive.pdf)** released this week is pessimistic about whether housing stock would continue to grow. Last financial year, 2018-19 saw an 8.5 per cent year-on-year increase with 241,000 net additions in England. However, RICS, pointed to MHLGC, housing starts figures which have fallen in each of the last three quarters of 2019. “Starts have declined on an annual basis in almost every region, with the North East and London seeing particularly sharp declines. This slowing in the housing pipeline will likely be reflected in falling housing completions in due course,” said RICS. The professional body also said that scrapping the help-to-buy scheme in 2023 could affect home builders’ construction plans over the next year. ### Property Loans by HZA Brokers Hank Zarihs Associates said development finance lenders were keen to help housebuilders hit the target of 300,000 new homes built a year but that government policies should support this. [![Fast Bridging Loans](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** 2nd charge loans, best bridging loans, Development Finance Lenders, House prices UK --- ### [New life breathed into ambitious development project for West London](https://www.hankzarihs.com/development-loans-west-london/) **Published:** December 13, 2019 **Author:** Shiraz Khan **Content:** Plans to build up to 25,000 homes as part of a wider regeneration scheme for Old Oak and Park Royal in West London have been revived. The Old Oak and Park Royal Development Corporation, OPDC, has submitted new proposals to build the homes, and create 65,000 new jobs, over the next 30 years across a 650-hectare area. A four-fold increase in land values meant earlier plans to build on 54 acres at Old Oak North, where second-hand motor dealer Cargiant, was the main landowner, were economically unviable. OPDC press officer, Patora Dyrma, said: “The cost of land has gone up so much in the past year and a half that private sector developers could not have made a profit.” Land in the area is currently selling for up to £7million pounds per acre partly due to the need for more warehousing in London. The corporation is proposing working collaboratively with private and public sector landowners over a wider area including sites in Brent, Ealing and Hammersmith & Fulham. OPDC’s interim chief executive, David Lunts, described changes in market conditions over the last year and a half as “dramatic”. “Earlier plans to bring forward Old Oak North are unfortunately not currently viable. But this in no way undermines our ambition for thousands of new homes and jobs as these can be achieved on many nearby public sector sites where we are already working closely with our colleagues at Network Rail and HS2.” ## **Jobs secure on Cargiant site** He said these sites offered huge scope for major regeneration due to the HS2 hub and confirmed the corporation would no longer by compulsorily purchasing the Cargiant site. Old Oak Common is to be a major interchange for the high-speed rail link between Birmingham and London. “This new approach also gives us the opportunity to support Cargiant and other local businesses to remain locally based and support investments in jobs, zero-emission vehicles and further develop the area as a leading location for sustainable innovation.” Cargiant confirmed it would stay on the site until at least 2038 and would be building a processing plant to increase the delivery of a major new electrical vehicle centre. The company’s current plant employs 8000 staff and is the world’s largest independent car processing and retailing plant. The OPDC submitted its draft budget to the Greater London Assembly this week and hopes to gain formal approval earlier next year. It has already granted approval to build more than 5,000 homes with 1,500 completed. ### Development Loans by HZA Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said the area’s a prime location would make it an attractive spot to gain property development funding. [![4 Banner](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner.gif "4-Banner - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** best bridging loans, Bridge Finance Lenders, property development funding, UK house prices --- ### [New building site visitor card to be rolled out](https://www.hankzarihs.com/development-finance-visitor-card/) **Published:** December 12, 2019 **Author:** Shiraz Khan **Content:** **Development Finance News**:- A new building site visitor card could pave the way for a suite of competence smart cards to help raise standards in the industry. The Home Builders Federation members have trialled the new card which was launched this week. ![](https://www.hankzarihs.com/wp-content/uploads/2019/12/imgpsh_fullsize_anim.png "- Bridging and Development Finance Solutions") It’s aimed at people offering support services such as catering, site cleaning, sales or human resources. Applicants need to have passed the Construction Industry Training Board health and safety and environment test. HBF external affairs director, John Slaughter, said: “It is vital we do everything we can to support the industry’s drive to increase skills capacity and its consequential benefits for quality and productivity. The new visitor card is the first step in rolling out a suite of cards to promote what builders themselves have said they want to see.” The card will replace the Construction Skills Certification Scheme’s visitor card which goes out of circulation at the end of August 2020. Builders were concerned withdrawal of the card would cause problems for the high number of people who need access to sites. ## **Smart tech captures key data** The Home Building Skills Partnership has collaborated with HBF on designing the card working with the help of the Cavity Insulation Guarantee Agency, CIGA. The agency developed the application platforms with Reference Point’s software and will be processing and validating the cards. CIGA chief executive, Nigel Donohue, said: “We are advocates of smart technology within our own industry and have seen the benefits firsthand in that it gives businesses flexibility, easy access to vital data and support with standardization.” Reference Point chief executive, Beric Davis, said he was pleased to be helping develop a sector- specific card scheme. “The scope and opportunity to include much more around roles themselves, messaging and even monitoring product-specific training is endless.” The digital **[card](https://www.homebuildskillscard.co.uk/)** will cost £30 plus VAT, to cover production and running costs, and the plastic card will be £37 plus VAT. ### Development Finance by HZA Brokers **[Hank Zarihs Associates](https://www.hankzarihs.com/news/)** said the initiative would help save time checking site visitors and would be something development finance lenders would welcome. [![Fast Bridging Loans](https://www.hankzarihs.com/wp-content/uploads/2018/02/Banner-V2_dynamic.gif "- Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** best bridging loans, bridge lending loan, Bridging Finance Lenders, Development Finance Lenders --- ### [Government promise of 200,000 starter homes hasn’t happened](https://www.hankzarihs.com/bridging-finance-starter-homes/) **Published:** November 5, 2019 **Author:** Shiraz Khan **Content:** **Bridging Finance News**:- Plans to build 200,000 homes for first-time buyers under 40 have been sidelined due to lack of parliamentary time to pass the necessary legislation before December’s general election. A National Audit Office **[investigation](https://www.nao.org.uk/wp-content/uploads/2019/11/Investigation-into-starter-homes-Summary.pdf)** discovered no such homes have been built since the Conservatives announced the initiative in their 2015 manifesto. In the November 2015 spending review, £2.3bn was earmarked for delivery of the first 60,000 which were to be sold with a 20 per cent discount. The report noted nearly £174m had been spent on buying and preparing brownfield sites for starter homes and that 5,998 were financed through this money. Although 29 per cent were affordable the report said they could not be called starter homes because of the missing legislation. “It is possible that developers have built and sold homes that conform to the intended starter home specifications…However, legally these cannot be marketed as starter homes until the necessary secondary legislation is enacted,” said the report. It highlighted that following the housing white paper in 2017 there was a shift in focus – the 200,000 starter homes target was replaced with a more general one of helping 200,000 households into homeownership. The November 2017 budget reallocated funding for starter homes to the £9 billion shared ownership and affordable homes programme and the land assembly fund. ## **New home building is slower than 30 years ago** The ministry of housing, communities and local government’s target is to support the delivery of a million homes by the end of 2020 and half a million more by the end of 2022. However, since 2015 the number of new homes built has grown year-on-year has remained lower than in 1980, noted the report. ### Bridging Finance by HZA Brokers Hank Zarihs Associates said commercial development finance lenders would like the planning system to be made more efficient so new homes could be built at a faster rate. The brokerage added lenders were keen to offer property [**development loans**](https://london.storeboard.com/blogs/money-tips/learn-the-importance-of-a-specialised-finance-broker-in-getting-development-finance/922376) for new builds. [![4 Banner](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner.gif "4-Banner - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Auction Property Finance, best bridging finance, Construction Finance london, UK Property finance --- ### [New builds reach highest level since 80s but there may be trouble ahead](https://www.hankzarihs.com/bridging-loans-new-builds/) **Published:** November 15, 2019 **Author:** Shiraz Khan **Content:** Developers are calling on the government to increase the variety of sites which can be built on following [figures](https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/846298/Housing_Supply_England_2018-19.pdf) showing housing supply nearly doubling over the past six years. The ministry of housing, communities and local government’s statistics reveal 214,000 new completions – the highest number since the 1980s and nearly twice the low of 124,000 in 2012-13. However, the **[Housing Pipeline](https://www.hbf.co.uk/documents/9124/HPL_REPORT_2019_Q2_FINAL.pdf)** report shows planning approvals dropping to 97,278 in the second quarter of 2019 – a 7 per cent decrease compared with the first quarter. Allan Wilen, economics director of Glenigan who compiled the report for the Home Builders Federation, said the current number of approvals in 2019 was flat. “We saw very strong growth up to 2018 and the number of approvals in 2019 will be slightly off this.” There were regional variations with detailed planning approvals in the East of England and the South East down by 23 and 14 per cent for the second quarter of 2019 compared with the same period in 2018. The North East and Scotland showed year-on-year increases of 32 and 54 per cent while the East and West Midlands also performed strongly with rises of 16 and 17 per cent. Overall, 3 per cent fewer units were approved in the first half of 2019 than a year earlier, although the second quarter this year was 1 per cent higher than in 2018. The small rise was due to a 4 per cent increase in private housing projects compared with a 19 per cent drop in social housing homes. Home Builders Federation, HBF, executive chairman, Stewart Baseley, said politicians should continue to work with developers to ensure further increases in housing delivery. “We need to see more support for SME builders and specialist providers to ensure the supply base continues to grow. The industry is absolutely committed to delivering the high quality, environmentally friendly homes that people across the country’s communities need.” ## **Greater quality and variety needed in new homes** The HBF wants a wider range of sites within local plans to be developed. “If you look back on the last few years the fastest growing areas are the larger sites. If you want to get more plurality then giving opportunities to smaller developers to come forward would allow more organic growth of our towns and cities. The idea is to increase further growth and good quality homes,” said Mr Wilen. The HBF would like to see a ‘presumption in favour’ of building on suitable brownfield sites which would give SMEs confidence to identify and bring forward schemes. “There are lots of smaller sites, such as infill ones, which don’t fit the economics of the larger developer. If you unlock these you are adding to the overall supply.” Currently, builders of ten homes or less aren’t subject to section 106 costs, the HBF wants a sliding scale above ten units to 30 where contributions would be less onerous. They would also like frustrations dealing with infrastructure and utility providers reduced through service level agreements. The HBF wants regular monitoring of councils to see if they are meeting their local plan targets with the chance to allocate ‘top-up’ sites to meet local need. According to property consultancy Savills, London and the South East are only supplying 88 and 89 per cent of current housing need. ### Bridging Loans by HZA Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said making it easier for SMEs to build new homes and gain construction loans, bridging loans from development finance lenders would speed up delivery. [![4 Banner](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner.gif "4-Banner - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Bridging Loan london, Construction Development Loan, Development Finance Lenders, House prices UK --- ### [Construction output falls for sixth consecutive month](https://www.hankzarihs.com/construction-loans-falls/) **Published:** November 4, 2019 **Author:** Shiraz Khan **Content:** **Construction Loans News**:- Building output carried on declining although the latest purchasing managers’ **[index](https://www.markiteconomics.com/Public/Home/PressRelease/8351b43a17a444819738880c435e1ac7)** showed the rate of contraction was the slowest in three months. Construction companies were continuing to reduce their workforce numbers due to weak order books and concerns about the near-term business outlook. New orders dropped for the seventh month in a row during October, but the rate of decline was the least marked since July. The 44.2 index for October was up on September’s 43.3 but close to the June’s ten-year low of 43.1 and well-below the 50 no-change threshold. Chartered Institute of Procurement and Supply group director, Duncan Brock said housebuilding had experienced its biggest drop in three years and civil engineering the sharpest fall in a decade. “Job hiring suffered as businesses unsure of the government’s next steps held back on their development plans, which were weakened further by stronger competition for fewer opportunities. “Future optimism remained at 2012 levels as the deep-seated Brexit gloom dampened down expectations,” he said. Construction companies noted clients continued to defer decision-making on new projects in response to political uncertainty and concerns about the economic outlook. Survey respondents suggested intense competition for new work had resulted in more widespread price discounting to secure contract awards. Softer demand conditions and a lack of new work to replace completed projects resulted in another fall in staffing levels across the construction sector. Input buying dropped again in October, but weaker demand for construction products and materials did not prevent a further lengthening of suppliers’ delivery times. The latest downturn in vendor performance was the sharpest since June, with construction firms commenting on stock shortages among suppliers, especially plasterboard and insulation materials. However, input cost inflation was the lowest for just over three-and-a-half years. ## **Confidence in future outlook at a seven-year low** Business optimism towards the year-ahead outlook for construction work remained among the weakest seen since 2012. The Federation of Master Builders chief executive, Brian Berry, said although the current Brexit delay had avoided a no-deal, it had led to further uncertainty and stagnation. “We know that many homeowners are holding off undertaking home improvement works due to Brexit uncertainty and this is having a knock-on effect of builders workloads. It is unclear how long clients will hold off waiting for certainty, and invest their money elsewhere.” He called for political parties to give the UK construction industry support with some radical new policies. “The new prime minister will also need to give much-needed certainty, from day one, about the future direction of the UK and its relationship with the EU.” ### Construction Loans by HZA Brokers **[Hank Zarihs Associates](https://www.hankzarihs.com/news/)** agreed that commercial development finance lenders were hoping for clarity post the election so they could get on with offering more construction loans. [![4 Banner](https://www.hankzarihs.com/wp-content/uploads/2018/03/4-Banner.gif "4-Banner - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/contact-us/) ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** 2nd charge bridging loan, auction finance uk, commercial development finance lenders, construction loans --- ### [Major housebuilders to re-open sites next week](https://www.hankzarihs.com/bridging-loans-major-housebuilders/) **Published:** April 24, 2020 **Author:** Shiraz Khan **Content:** **Bridging Loans News**:- One of the UK’s largest housebuilders [**Persimmon**](https://www.persimmonhomes.com/corporate) has said it will start to re-open sites on Monday, April 27. Yesterday Vistry Group and Taylor Wimpey’s announced they would gradually resume work at their sites under strict social distancing guidelines. Vistry, comprising Bovis and Linden Homes, will re-open a number of its housing sites from Monday onwards. Taylor Wimpey is to restart English and Welsh sites from May 4 with site management teams and sub-contractors following on May 4. Persimmon Group chief executive David Jenkinson, said: “The UK government has been very clear on the importance of the construction sector to the UK economy and its desire to see activity continue through the current period of crisis, provided appropriate public health measures are adopted.” Housing minister Robert Jenrick described the move as a “big step forward for securing thousands of jobs” within the sector. ProductMax LTVUp to 50% LTV50.01 – 65.00% LTV65.01 – 75.00% LTVTerm & RepaymentArrangement Fee**Residential***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.43% pm0.53% pm0.60% pmMaximum term 24 months No minimum interest or ERCs Interest Fully Rolled Up, Part-Rolled Up or Serviced (subject to affordability) The net advance will be less total potential interest over the term with the gross loan calculated as interest for the entire term and the arrangement fee added.1% -1.5% Full fee added to the loan. **Semi Commercial***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.6% pm0.6% pm0.6% pm**Commercial***Including Light Refurbishment* Up to 70% Lower of PP or MV 0.75% pm**Residential***Heavy Refurbishment* Up to 75% Lower of PP or MV 0.60% pm0.65% pm0.7% pm**Commercial and Semi Commercial***Heavy Refurbishment* Up to 70% Lower of PP or MV 0.83% pm0.83% pm0.7% pm “Social distancing guidelines must be followed, but where they can be, construction can and should continue,” he [**tweeted**](https://twitter.com/RobertJenrick/status/1253601502616326144). Mr Jenkinson said Persimmon had developed and tested a range of site protocols to ensure necessary social distancing was ‘strictly enforced’. “Persimmon’s strong financial liquidity has enabled us to maintain our operational capability through this period by supporting all our colleagues on full pay, which will allow us to reopen sites swiftly, and emerge from the shutdown well-prepared and ready to deliver the new homes the country needs, aided by our strong work in progress position,” he said. Persimmon added it had paid 95 per cent of its suppliers within 60 days. The company is to announce a trading update for the period from January 1st to date on April 29th. ## Bridging Loans by HZA Brokers [**Hank Zarihs Associates**](https://www.hankzarihs.com/news/) added development finance lenders were keen to support housebuilders with a range of funding options including instant bridging loans. ### **Scotland and Wales press for two-metre rule enforcement** The majority of sites re-opening are expected to be in England where firms are advised to maintain the two-metre distance wherever possible. powered by [Typeform](https://admin.typeform.com/signup?utm_campaign=SzJRkH&utm_source=typeform.com-01DY2KVM9D1PVD9BEMC0QQG2F9-professional&utm_medium=typeform&utm_content=typeform-embedded-poweredbytypeform&utm_term=EN) Scotland and Wales have adopted a stricter stance with the Welsh Assembly passing legislation compelling all employers to ensure the two-metre rule. Scotland’s first minister Nicola Sturgeon has said the construction work during the lockdown can only continue if it’s for essential repairs or connected with hospitals and emergency services. Scotland’s major trade union for construction workers, [**Unite**](https://unitetheunion.org/what-we-do/unite-in-your-region/scotland/) has said its members had voted not to return to construction sites for non-essential work. Unite Scotland construction chair John Gillespie said members were reluctant to go back to work unless their safety could be guaranteed. “We do not feel that the curve has been reduced to a level that takes enough pressure off our vital NHS workers in Scotland, and that construction workers should not be used as test subjects by building luxury flats to get an economy moving that values wealth at the expense of our health.” The trade union is pressing the Scottish government to follow Wales’ lead and pass a bill forcing employers to maintain the two-metre distance rule. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Bridge Finance Uk, Construction Finance london, Development Finance Lenders, instant bridging loans --- ### [Building sites need to be open longer, claims the industry](https://www.hankzarihs.com/bridging-finance-building-sites/) **Published:** April 22, 2020 **Author:** Shiraz Khan **Content:** **Bridging Finance News**:- Trade body Build UK is **[negotiating](https://builduk.org/wp-content/uploads/2020/04/Coronavirus-22-April-2020.pdf)** with councils for building sites to be open for longer to recover time lost due to social distancing rules as a result of the Covid-19 crisis. Local planning authorities usually restrict site opening hours to reduce noise and disturbance in residential areas. However, the building industry argues longer hours would enable it to organise shifts with a lower concentration of workers on the site at any one time. They maintain this would also mean workers could use public transport at different times spreading the concentration of commuters during the day. Build UK said it is working on opening up the supply chain by demonstrating a demand for materials. On Monday the Builders Merchants Federation, BMF, announced a **[list](https://www.bmf.org.uk/BMF/Information_Centre/COVID19-bulletins/Is-my-local-builders-merchant-open.aspx)** of its members who were opening revealing a 50 per cent increase on the previous week. ProductMax LTVUp to 50% LTV50.01 – 65.00% LTV65.01 – 75.00% LTVTerm & RepaymentArrangement Fee**Residential***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.43% pm0.53% pm0.60% pmMaximum term 24 months No minimum interest or ERCs Interest Fully Rolled Up, Part-Rolled Up or Serviced (subject to affordability) The net advance will be less total potential interest over the term with the gross loan calculated as interest for the entire term and the arrangement fee added.1% -1.5% Full fee added to the loan. **Semi Commercial***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.6% pm0.6% pm0.6% pm**Commercial***Including Light Refurbishment* Up to 70% Lower of PP or MV 0.75% pm**Residential***Heavy Refurbishment* Up to 75% Lower of PP or MV 0.60% pm0.65% pm0.7% pm**Commercial and Semi Commercial***Heavy Refurbishment* Up to 70% Lower of PP or MV 0.83% pm0.83% pm0.7% pm The trade body for housebuilders north of the border, Homes for Scotland, HfS, has said its working on an action plan to get going as soon as the lockdown is lifted. Quoting the country’s state of the economy **[report](https://www.gov.scot/news/covid-19-impact-on-scotlands-economy/)** released yesterday, it said social distancing could cost Scotland a drop in gross domestic product of a third. ## **Scottish builders keen to get back into action smoothly** HfS chief executive, Nicola Barclay, said: “We are working on a recovery plan which includes the core components necessary to kickstart home building, including putting robust control measures in place to protect workers, home purchasers and tenants, as well as working across the sector to ensure everyone is ready to go as soon as we can.” She said that the housebuilding industry in addition to delivering needed homes contributed towards jobs and the economy through its extensive supply chain. “Restarting from a standstill requires considerable planning and coordination so it is imperative that the Scottish government works closely with industry to establish a programme for recommencement so we can provide the homes that so many people desperately need.” powered by [Typeform](https://admin.typeform.com/signup?utm_campaign=SzJRkH&utm_source=typeform.com-01DY2KVM9D1PVD9BEMC0QQG2F9-professional&utm_medium=typeform&utm_content=typeform-embedded-poweredbytypeform&utm_term=EN) Scotland’s first minister, Nicola Sturgeon, announced a lockdown of all building sites on March 24th unless they were to help build hospitals and medical facilities. ### Bridging Finance by HZA Brokers [**Hank Zarihs Associates**](https://www.hankzarihs.com/news/) said development finance lenders were keen to see any measures which would help their clients complete schemes without too many delays. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Bridge Finance London, commercial development finance lenders, developer financing, Development Finance Institutions --- ### [Construction supply chain set to revive](https://www.hankzarihs.com/development-financing-construction-chain/) **Published:** April 20, 2020 **Author:** Shiraz Khan **Content:** **Development Financing News:-** Builders merchants are being urged to support the construction industry supply chain by their own trade body with the publication of new branch operating guidelines during the covid-19 restrictions. Builders Merchants Federation, BMF chief executive John Newcomb said it was important to help the sector as more building sites start to re-open. “We have worked with the industry to develop a new operating model to minimise the risk of virus transmission. The new model centres around trade customers using call and collect, click and collect and pre-arranged orders, with no public access into branches.” The branch operating guidelines set out how to maintain the two-metre social distancing between staff and customers with detailed cleaning routines to avoid transmission of the virus. ProductMax LTVUp to 50% LTV50.01 – 65.00% LTV65.01 – 75.00% LTVTerm & RepaymentArrangement Fee**Residential***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.43% pm0.53% pm0.60% pmMaximum term 24 months No minimum interest or ERCs Interest Fully Rolled Up, Part-Rolled Up or Serviced (subject to affordability) The net advance will be less total potential interest over the term with the gross loan calculated as interest for the entire term and the arrangement fee added.1% -1.5% Full fee added to the loan. **Semi Commercial***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.6% pm0.6% pm0.6% pm**Commercial***Including Light Refurbishment* Up to 70% Lower of PP or MV 0.75% pm**Residential***Heavy Refurbishment* Up to 75% Lower of PP or MV 0.60% pm0.65% pm0.7% pm**Commercial and Semi Commercial***Heavy Refurbishment* Up to 70% Lower of PP or MV 0.83% pm0.83% pm0.7% pm “The safety of merchant staff, suppliers and customers is paramount and every merchant must make the best decision for their individual business. We hope these new guidelines will show how risks can be managed if these safe systems of work are in place and remain effective until further notice,” said Mr Newcomb. ## **Supply chain starts to get back into action** The BMF has also created a list of which of its builders’ **[merchant](https://www.bmf.org.uk/BMF/Information_Centre/COVID19-bulletins/Is-my-local-builders-merchant-open.aspx)** members are currently open. Out of the 241 firms who responded 12 per cent were fully open, 46 per cent partially open and 42 per cent open. ### Development Financing by HZA Brokers **[Hank Zarihs Associates](https://www.hankzarihs.com/news/)** said the closure last month of major merchants such as Jewson and Travis Perkins the day after the lockdown started had led to the shutdown of many construction sites. powered by [Typeform](https://admin.typeform.com/signup?utm_campaign=SzJRkH&utm_source=typeform.com-01DY2KVM9D1PVD9BEMC0QQG2F9-professional&utm_medium=typeform&utm_content=typeform-embedded-poweredbytypeform&utm_term=EN) The brokerage added development finance lenders backed the government’s approach to keep sites open wherever possible so new homes can continue to be built to meet housing shortages. The BMF has also created a list of its **[supplier](https://www.bmf.org.uk/BMF/Information_Centre/COVID19-bulletins/What-suppliers-are-still-open.aspx)** members who are currently open. Nearly three- quarters of those who responded said they were open with 15 per cent partially open and 11 per cent closed. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Bridging Finance London, commercial development finance lenders, Development Finance, rural development financing --- ### [Virtual planning appeals could become a reality](https://www.hankzarihs.com/commercial-finance-virtual-planning/) **Published:** April 16, 2020 **Author:** Shiraz Khan **Content:** **Commercial Finance News:-**Virtual site visits are being explored by the government as a way of enabling planning appeals to continue despite the lockdown. The planning inspectorate said if a case was regarded as possible to assess this way it would be contacting relevant parties to take part in forthcoming **[trials](https://www.gov.uk/government/news/planning-inspectorate-coronavirus-covid-19-update-16-april-2020)**. “If this confirms that the proposed written representations appeal can be properly decided on the basis of digital images, a physical visit will not take place and the case will be decided purely on the basis of the written evidence received,” said the inspectorate. ProductMax LTVUp to 50% LTV50.01 – 65.00% LTV65.01 – 75.00% LTVTerm & RepaymentArrangement Fee**Residential***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.43% pm0.53% pm0.60% pmMaximum term 24 months No minimum interest or ERCs Interest Fully Rolled Up, Part-Rolled Up or Serviced (subject to affordability) The net advance will be less total potential interest over the term with the gross loan calculated as interest for the entire term and the arrangement fee added.1% -1.5% Full fee added to the loan. **Semi Commercial***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.6% pm0.6% pm0.6% pm**Commercial***Including Light Refurbishment* Up to 70% Lower of PP or MV 0.75% pm**Residential***Heavy Refurbishment* Up to 75% Lower of PP or MV 0.60% pm0.65% pm0.7% pm**Commercial and Semi Commercial***Heavy Refurbishment* Up to 70% Lower of PP or MV 0.83% pm0.83% pm0.7% pm The inspectorate said it would be reviewing this approach before extending the pilot, which it expects to do in the next few weeks. ## **On-line working is already making a difference** The inspectorate has already helped four local authorities via video call with the submission of their intended local plans. It’s also held six telephone conference calls on inquiries set to take place later this summer. “This is an important contribution to maintaining progress of casework wherever possible whilst ensuring it is achieved safely and fairly, which is the planning inspectorate’s overriding aim during this period,” it said. Although, it admitted it was postponing some events and was continuing to review the situation based on ongoing government advice. powered by [Typeform](https://admin.typeform.com/signup?utm_campaign=SzJRkH&utm_source=typeform.com-01DY2KVM9D1PVD9BEMC0QQG2F9-professional&utm_medium=typeform&utm_content=typeform-embedded-poweredbytypeform&utm_term=EN) ### Commercial Finance by HZA Brokers [**Hank Zarihs Associates**](https://www.hankzarihs.com/news/) said commercial finance lenders welcomed the initiative but said some sites would be difficult to visit virtually such as complex brownfield locations. The brokerage said extending granted planning permissions by 12 months and lifting stamp duty post the lockdown were two practical steps that would help kick start the housing market the most. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** 2nd charge bridging loan, commercial development finance lenders, Construction Finance london, Development Finance Institutions --- ### [Key sites in England snapped up for major housing schemes](https://www.hankzarihs.com/bridging-finance-england-housing/) **Published:** April 14, 2020 **Author:** Shiraz Khan **Content:** **Bridging Finance News:-**Homes England, the government’s housing development agency, has bought 19 sites worth £180m to build up to 5,000 new homes. Several of the acquisitions were completed just before the end of the financial year, with the agency re-affirming its position to back housebuilding post the Covid-19 pandemic. [**Homes England**](https://www.gov.uk/government/organisations/homes-england) chief land and development officer Stephen Kinsella said: “As a master developer, it’s crucial we continue to create development opportunities and provide a pipeline of sites for housebuilders of all sizes, despite the challenging situation the industry is facing.” ProductMax LTVUp to 50% LTV50.01 – 65.00% LTV65.01 – 75.00% LTVTerm & RepaymentArrangement Fee**Residential***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.43% pm0.53% pm0.60% pmMaximum term 24 months No minimum interest or ERCs Interest Fully Rolled Up, Part-Rolled Up or Serviced (subject to affordability) The net advance will be less total potential interest over the term with the gross loan calculated as interest for the entire term and the arrangement fee added.1% -1.5% Full fee added to the loan. **Semi Commercial***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.6% pm0.6% pm0.6% pm**Commercial***Including Light Refurbishment* Up to 70% Lower of PP or MV 0.75% pm**Residential***Heavy Refurbishment* Up to 75% Lower of PP or MV 0.60% pm0.65% pm0.7% pm**Commercial and Semi Commercial***Heavy Refurbishment* Up to 70% Lower of PP or MV 0.83% pm0.83% pm0.7% pm One of the sites includes 37-acres at Panshanger Aerodrome in Welwyn Garden City, Hertfordshire with the capacity to build 815 homes. Nearly a third of the homes would be affordable with a new primary school, a community centre and self-build spots. Homes England would deliver the infrastructure before marketing the site in parcels to developers. ## **Midlands and the North set to benefit with major housing schemes** In Birmingham, the agency has bought 2.5 hectares in the Digbeth district from the city council. The Montague Street plot is the final acquisition of four parcels of land in the area, which will create one of the largest development sites in the city centre. The site will have a capacity for 1,000 new homes and 25,000 sq metres of employment space. Home England has also acquired Bristol’s 10-hectare Brislington Meadows from the local authority and private landowners. It has the capacity to deliver 300 new homes, of which a third would be affordable, as allocated in Bristol’s local plan since 2014. In the North, 81 hectares of land in Darlington has been bought to allow 800 new homes to be built as part of the Burtree Garden Village. Homes England has entered a collaboration agreement with lead developer Hellens Group and will work together with adjacent landowners on site-wide infrastructure to enable the delivery of the entire scheme. powered by [Typeform](https://admin.typeform.com/signup?utm_campaign=SzJRkH&utm_source=typeform.com-01DY2KVM9D1PVD9BEMC0QQG2F9-professional&utm_medium=typeform&utm_content=typeform-embedded-poweredbytypeform&utm_term=EN) Just south of Rugby, the agency has acquired land totalling 65 hectares from Warwickshire County Council, where 900 homes are expected to be built. Homes England said delivery of infrastructure and a link road, crucial to the wider south west Rugby expansion, would accelerate the pace of construction of the new homes. Homes England interim chair Simon Dudley said: **“**I want to reassure the sector that we are very much open for business and investing in a long-term pipeline of development opportunities to support market recovery.” ### Bridging Finance by HZA Broker **[Hank Zarihs Associates](https://www.hankzarihs.com/news/)** said development finance lenders would be ready to fund housebuilders successful in bidding to develop on the key sites the agency had bought. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** All Bridge Finance, Bridging Finance Rates Uk, commercial bridge loans, Development Finance Lenders Uk --- ### [Surveyors call for stamp duty waiver to boost house sales](https://www.hankzarihs.com/bridge-finance-surveyors-sales/) **Published:** April 9, 2020 **Author:** Shiraz Khan **Content:** **Bridge Finance News**:- A stamp duty holiday post lockdown would help get the housing market back on its feet, according to the professional body for surveyors. The Royal Institution of Chartered Surveyors, RICS, residential market [**survey**](https://www.rics.org/uk/news-insight/latest-news/press/press-releases/government-intervention-housing/) for March shows a sharp fall in buyer demand with a net balance of minus 74 per cent. Newly agreed sales dropped across the UK with over two-thirds of respondents reporting a fall compared with 19 per cent recording a rise in February. RICS head of government relations Hew Edgar said the results showed the government needed to think of medium to long-term measures to help the housing market. “This is not an organisation that would call for a stamp duty holiday on a whim, and indeed our view prior to Covid-19 was that it required a full-scale review. ProductMax LTVUp to 50% LTV50.01 – 65.00% LTV65.01 – 75.00% LTVTerm & RepaymentArrangement Fee**Residential***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.43% pm0.53% pm0.60% pmMaximum term 24 months No minimum interest or ERCs Interest Fully Rolled Up, Part-Rolled Up or Serviced (subject to affordability) The net advance will be less total potential interest over the term with the gross loan calculated as interest for the entire term and the arrangement fee added.1% -1.5% Full fee added to the loan. **Semi Commercial***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.6% pm0.6% pm0.6% pm**Commercial***Including Light Refurbishment* Up to 70% Lower of PP or MV 0.75% pm**Residential***Heavy Refurbishment* Up to 75% Lower of PP or MV 0.60% pm0.65% pm0.7% pm**Commercial and Semi Commercial***Heavy Refurbishment* Up to 70% Lower of PP or MV 0.83% pm0.83% pm0.7% pm “As we start to emerge from this crisis, however, it is likely that the finance of potential homebuyers will be under strain, and the burden of stamp duty could put buyers off.” ## **Stamp duty should go sooner rather than later** The National Federation of Builders said stamp duty should be lifted immediately as it would ease cash flow and help prevent housebuilders going under. [**NFB**](https://www.builders.org.uk/policy/) head of housing and planning policy Rico Wojtulewicz said there were contributions developers were paying such as council tax and the infrastructure without any revenue coming in. “Waiving stamp duty now would be useful. Our members are still trying to sell their new build homes to improve their cash flow.” RICS chief economist Simon Rubinsohn said it would take some time for the economy to return to normal and that households were likely to remain cautious. powered by [Typeform](https://admin.typeform.com/signup?utm_campaign=SzJRkH&utm_source=typeform.com-01DY2KVM9D1PVD9BEMC0QQG2F9-professional&utm_medium=typeform&utm_content=typeform-embedded-poweredbytypeform&utm_term=EN) “The feedback from the survey does imply that further government interventions both in the wider economy and more specifically in the housing market may be necessary to aid this process supporting businesses and people back into work.” ### Bridge Finance by HZA Brokers **[Hank Zarihs Associates](https://www.hankzarihs.com/news/)** said the development finance lenders would be keen to see measures such as waiving stamp duty to help housebuilders deliver sales. More than nine out of ten RICS member expect sales to slump over the next three months. However, respondents were more positive about sales in the next 12 months with only 42 per cent expecting a fall rather than rise. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Bridge Finance Uk, Construction Finance london, Development Finance Institutions, Development Finance Lenders --- ### [Scottish government orders building site closures](https://www.hankzarihs.com/commercial-finance-scottish-government/) **Published:** April 7, 2020 **Author:** Shiraz Khan **Content:** **Commercial Finance News**:- Construction firms north of the border have been told to shut up shop unless their work is for essential projects due to the coronavirus pandemic. Work related to supporting crucial work to deal with Covid-19 such as repurposing buildings to offer clinical care will be allowed. Economy secretary Fiona Hyslop said she recognised this was difficult for all kinds of businesses, but the government’s priority was to save lives. “To this end, all construction sites should close unless they are essential to the health and welfare of the country during this crisis. “I want to make clear our thanks to the construction workers who are continuing to work on these essential projects.” ProductMax LTVUp to 50% LTV50.01 – 65.00% LTV65.01 – 75.00% LTVTerm & RepaymentArrangement Fee**Residential***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.43% pm0.53% pm0.60% pmMaximum term 24 months No minimum interest or ERCs Interest Fully Rolled Up, Part-Rolled Up or Serviced (subject to affordability) The net advance will be less total potential interest over the term with the gross loan calculated as interest for the entire term and the arrangement fee added.1% -1.5% Full fee added to the loan. **Semi Commercial***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.6% pm0.6% pm0.6% pm**Commercial***Including Light Refurbishment* Up to 70% Lower of PP or MV 0.75% pm**Residential***Heavy Refurbishment* Up to 75% Lower of PP or MV 0.60% pm0.65% pm0.7% pm**Commercial and Semi Commercial***Heavy Refurbishment* Up to 70% Lower of PP or MV 0.83% pm0.83% pm0.7% pm Other essential work includes critical infrastructure repair and maintenance and projects for crucial public services. “It is vital that all businesses act responsibly and align fully with the social distancing measures introduced to protect the nation’s health, well-being and economic future,” said Ms Hyslop. She thanked the Scottish Trade Union Congress, Unite and Construction Scotland for their input on the **[guidelines](https://www.gov.scot/publications/coronavirus-covid-19-construction-sector-guidance/)** and highlighted support **packages** businesses should access. ## **Scotland set to miss housing target** Scottish housing minister Kevin Stewart on **[Twitter](https://twitter.com/KevinStewartSNP?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1246017211057217538&ref_url=https%3A%2F%2Fwww.insidehousing.co.uk%2Fnews%2Fnews%2Fscotland-unlikely-to-meet-50000-homes-target-due-to-coronavirus-housing-minister-confirms-65964)** said it was unlikely the country would hit its target of building 50,000 affordable homes by 2021. The Scottish government’s decision about building contrasts with the UK government where construction sites are allowed to continue. Last week the Construction Leadership Council, a joint industry and government body, issued guidance that sites should close unless companies maintained the 6ft distancing rule. powered by [Typeform](https://admin.typeform.com/signup?utm_campaign=SzJRkH&utm_source=typeform.com-01DY2KVM9D1PVD9BEMC0QQG2F9-professional&utm_medium=typeform&utm_content=typeform-embedded-poweredbytypeform&utm_term=EN) However, the Council swiftly reversed the guidance after building firms told them this would mean mass site closures and would impact on Nightingale hospital work. ### Commercial Finance by HZA Brokers **[Hank Zarihs Associates](https://www.hankzarihs.com/news/)** said commercial development finance lenders were keen for sites to stay open so that housing projects started before the lockdown could be completed. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** 2nd charge bridging loan, commercial development finance lenders, Development Finance Institutions, Development Finance Lenders Uk --- ### [Housebuilders call on the government to extend planning permissions](https://www.hankzarihs.com/bridging-loans-planning-permissions/) **Published:** April 6, 2020 **Author:** Shiraz Khan **Content:** **Bridging Loans News**:- Extend planning approvals by a year to avoid current permissions lapsing during the pandemic crisis, urges the construction industry. The National Federation of Builders, NFB, has put six **proposals** forward to the government to help the housebuilding sector survive the coronavirus pandemic. These include exemption from business rates, suspending planning contribution payments and council tax on new build unoccupied or incomplete homes. NFB chief executive, Richard Beresford, said it was in constant contact with its members so it could put forward the top needs to help the sector. ProductMax LTVUp to 50% LTV50.01 – 65.00% LTV65.01 – 75.00% LTVTerm & RepaymentArrangement Fee**Residential***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.43% pm0.53% pm0.60% pmMaximum term 24 months No minimum interest or ERCs Interest Fully Rolled Up, Part-Rolled Up or Serviced (subject to affordability) The net advance will be less total potential interest over the term with the gross loan calculated as interest for the entire term and the arrangement fee added.1% -1.5% Full fee added to the loan. **Semi Commercial***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.6% pm0.6% pm0.6% pm**Commercial***Including Light Refurbishment* Up to 70% Lower of PP or MV 0.75% pm**Residential***Heavy Refurbishment* Up to 75% Lower of PP or MV 0.60% pm0.65% pm0.7% pm**Commercial and Semi Commercial***Heavy Refurbishment* Up to 70% Lower of PP or MV 0.83% pm0.83% pm0.7% pm “During this crisis, the government has already proved it’s willing to listen to industry and it must continue to do so if we stand any hope of protecting those who will drive our economic recovery.” The trade body is also calling for written guidance for the construction industry to ensure the sector continues operating. They would like this to cover builders’ merchants and other service providers many of whom have shut down during the pandemic. ## **Speed up the scheme to keep people in jobs** They also want the coronavirus job retention **[scheme](https://www.gov.uk/guidance/check-if-you-could-be-covered-by-the-coronavirus-job-retention-scheme)** to go live as soon as possible so that companies can manage their cash flow and keep employing their workforce. The government has said it will activate the scheme at the end of April but NFB said this was too long to wait. NFB head of housing and planning policy Rico Wojtulewicz added: “These measures will help to save thousands of small and medium-sized housebuilders. Without them, we haven’t got a hope of solving our housing and skills crisis, or levelling up our nation.” The organisation has warned the industry needs to avoid a repeat of the 2008 financial crisis where a third of housebuilders went out of business and 100,000 construction jobs were lost. Mr Wojtulewicz said the industry has still not fully bounced back and that SME housebuilders were key to helping local rural economies. powered by [Typeform](https://admin.typeform.com/signup?utm_campaign=SzJRkH&utm_source=typeform.com-01DY2KVM9D1PVD9BEMC0QQG2F9-professional&utm_medium=typeform&utm_content=typeform-embedded-poweredbytypeform&utm_term=EN) ### **Bridging Loans by Hank Zarihs Associates** Brokers [**Hank Zarihs Associates**](https://www.hankzarihs.com/news/) said development finance lenders supported the NFB’s proposals and that it was essential that the industry was in good shape once the worst of the pandemic is over. March data pointed to the fastest downturn in UK construction output for almost 11 years according to the construction purchasing managers’ [**index**](https://www.markiteconomics.com/Public/Home/PressRelease/68b8631e06804251b3db808cebf8a3f9?s=1). The total activity index dropped to 39.3 in March compared with 52.6 in February; a reading below 50 means a contraction. Survey respondents attributed the reduced activity to the impact of the Covid-19 pandemic. Residential activity dropped to 46.6 compared with civil engineering at 34.4 and commercial building at 35.7. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** best bridging finance, bridging loans london, commercial development finance lenders, Development Finance Institutions --- ### [Government-backed loan scheme extended to all SMEs](https://www.hankzarihs.com/bridging-finance-government-loan-scheme/) **Published:** April 3, 2020 **Author:** Shiraz Khan **Content:** **Bridging Finance News:-** All viable SME businesses will now be eligible for the coronavirus business interruption loan scheme, the chancellor Rishi Sunak has **[announced](https://www.gov.uk/government/news/chancellor-strengthens-support-on-offer-for-business-as-first-government-backed-loans-reach-firms-in-need)**. The government is also going to stop banks from asking for personal guarantees from directors for loans under £250,000. Loans over this sum will need personal guarantees of 20 per cent of the amount after recovery of other business assets. Mr Sunak said: “We are making great progress on getting much-needed support out to businesses to help manage their cashflows during this difficult time – with millions of pounds of loans and finance being provided to hundreds of firms across the country. “And now I am taking further action by extending our generous loan scheme so even more businesses can benefit.” He said the government would make operational changes to speed up lending approvals and would continue to cover the first 12 months of interest and fees. ProductMax LTVUp to 50% LTV50.01 – 65.00% LTV65.01 – 75.00% LTVTerm & RepaymentArrangement Fee**Residential***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.43% pm0.53% pm0.60% pmMaximum term 24 months No minimum interest or ERCs Interest Fully Rolled Up, Part-Rolled Up or Serviced (subject to affordability) The net advance will be less total potential interest over the term with the gross loan calculated as interest for the entire term and the arrangement fee added.1% -1.5% Full fee added to the loan. **Semi Commercial***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.6% pm0.6% pm0.6% pm**Commercial***Including Light Refurbishment* Up to 70% Lower of PP or MV 0.75% pm**Residential***Heavy Refurbishment* Up to 75% Lower of PP or MV 0.60% pm0.65% pm0.7% pm**Commercial and Semi Commercial***Heavy Refurbishment* Up to 70% Lower of PP or MV 0.83% pm0.83% pm0.7% pm Half of the Federation of Master Builders’ members had complained the coronavirus business interruption loan, CBILS, process was difficult with 29 per cent believing they wouldn’t be eligible. Federation chief executive, Michael Berry, said: “I am hearing time and time again about members who have been told by their bank that they will get back to them and never do, and others who have had to wait for hours on the phone to speak to their bank manager.” His organisation wants the government to work with the state agency Homes England, and other devolved administrations, to help keep SME housebuilders afloat. Mr Sunak also announced a ‘new’ coronavirus large business interruption loan scheme, CLBILS. The scheme will offer an 80 per cent government guarantee for up to £25m of credit to companies with turnovers of £45m to £500m. “This will give banks the confidence to lend to more businesses which are impacted by coronavirus but which they would not lend to without CLBILS,” said Mr Sunak. ### **More news on government-backed lending expected** He added the loans would be offered at commercial interest rates and he would make further announcements later in the month about the scheme. powered by [Typeform](https://admin.typeform.com/signup?utm_campaign=SzJRkH&utm_source=typeform.com-01DY2KVM9D1PVD9BEMC0QQG2F9-professional&utm_medium=typeform&utm_content=typeform-embedded-poweredbytypeform&utm_term=EN) The chancellor said he would be speaking to bank chief executives next week to discuss how the schemes are working and ensure everybody is playing their part. ### Bridging Finance by HZA Brokers [**Hank Zarihs Associates**](https://www.hankzarihs.com/news/) said the development finance lenders welcomed the move as cashflow was essential for enabling housebuilders to carry on. UK Finance said banks had received more than 130,000 enquiries from businesses across the country for the government-backed loans. Mr Sunak said more than £90m of loans to nearly 1,000 small and medium-sized firms have been approved under the government’s scheme since its launch last week. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** best bridging loans, Bridging Finance Lenders, Bridging Finance Property Development, Development Finance Institutions --- ### [Housebuilders need to carry on, says business minister](https://www.hankzarihs.com/finance-lenders-business-minister/) **Published:** March 30, 2020 **Author:** Shiraz Khan **Content:** **Finance Lenders News**:- Business minister, Nadhim Zahawi, has defended private sector enterprises, such as the building industry, still operating in the wake of the Covid-19 crisis. Mr Zahawi writes in **[The Telegraph](https://www.telegraph.co.uk/politics/2020/03/29/stop-sniping-businesses-ones-will-get-us-back-feet/)** that “we still need to build houses” and sectors such as the construction industry and online delivery retail outlets had been unfairly criticised. **“**We have seen some, intentionally or otherwise, wrongly interpreting the current rules, and unfairly criticising businesses that are implementing them correctly.” He described it as “disappointing” that companies, where staff cannot work remotely, had been attacked for staying open. ### **Our Bridging Finance** range covers auction purchases, to private sales and all levels of refurbishment works. Bridging finance is ideal when you need funding fast, with minimal fuss or paperwork. ProductMax LTVUp to 50% LTV50.01 – 65.00% LTV65.01 – 75.00% LTVTerm & RepaymentArrangement Fee**Residential***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.43% pm0.53% pm0.60% pmMaximum term 24 months No minimum interest or ERCs Interest Fully Rolled Up, Part-Rolled Up or Serviced (subject to affordability) The net advance will be less total potential interest over the term with the gross loan calculated as interest for the entire term and the arrangement fee added.1% -1.5% Full fee added to the loan. **Semi Commercial***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.6% pm0.6% pm0.6% pm**Commercial***Including Light Refurbishment* Up to 70% Lower of PP or MV 0.75% pm**Residential***Heavy Refurbishment* Up to 75% Lower of PP or MV 0.60% pm0.65% pm0.7% pm**Commercial and Semi Commercial***Heavy Refurbishment* Up to 70% Lower of PP or MV 0.83% pm0.83% pm0.7% pm “It does not matter **whether they appear on that key worker list**, what matters is that they follow the rules our government has set out,” he said. He stressed there would always be some jobs that cannot be done long distance such as housebuilding and online deliveries. He said these businesses needed to be supported so they could spring back into action when the lockdown was over. However, the decision by Bovis Homes, Barratt Developments and Taylor Wimpey to prepare sites for closure following the announcement of the lockdown has had a knock-on effect on suppliers. ## **Major supplier closes** Building materials supplier SIG **announced** today it would be temporarily closing its trading sites, specifically distribution and roofing, in the UK and Ireland. In a regulatory news statement to investors, the company said: “We will remain open to service critical and emergency projects, such as for the NHS, energy and food sectors, as well as for safety reasons and to ensure that there is an orderly closure programme. “We will be reviewing government guidance and measures to support business continuity, as well as market conditions, continuously and will re-open as soon as we can.” Redrow and Berkeley announced on Friday that difficulties with their supply chain meant they would be winding down sites in preparation for closure. The **National Federation of Builders** head of housing and planning policy Rico Wojtulewicz said SIG’s news was a setback. “These larger companies shutting is having a major impact, it’s frustrating. At the moment construction is to go ahead if they can maintain social distancing rules. Productivity is hugely down because of it. Some of our members have sites with just three people on them.” He agreed with the business minister that it was important for the industry to carry on referring to the 2008 financial crisis where a third of housebuilders went under and didn’t return. powered by [Typeform](https://admin.typeform.com/signup?utm_campaign=SzJRkH&utm_source=typeform.com-01DY2KVM9D1PVD9BEMC0QQG2F9-professional&utm_medium=typeform&utm_content=typeform-embedded-poweredbytypeform&utm_term=EN) “This was devastating, if we have this happen again it would be awful. It’s important to keep these guys going if possible.” ### Finance Lenders by HZA Brokers **Hank Zarihs Associates** said commercial development finance lenders were behind supporting SME housebuilders to finish projects rather than them being left partially completed. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** commercial development lenders, Development Finance Institutions, Online equity financing, rural development financing --- ### [Construction industry wins business secretary praise](https://www.hankzarihs.com/development-funding-construction/) **Published:** April 1, 2020 **Author:** Shiraz Khan **Content:** **Development Funding News:-** Business secretary, Alok Sharma, has thanked the construction industry for rising to the challenge of ensuring people have safe and healthy homes and helping the NHS. Mr Sharma wrote an open **[letter](http://www.constructionleadershipcouncil.co.uk/wp-content/uploads/2020/03/Secretary-of-State-Letter-to-UK-Construction-Industry.pdf)** yesterday, March 31, praising the sector for supporting the country and the economy in its time of need. “The construction industry has answered the call to action. Whether by building temporary hospital wards, installing complex and life-saving oxygen systems, constructing the infrastructure that society needs to function or ensuring that people have safe and healthy homes to live in, you are delivering for our nation through this difficult time,” he said. He acknowledged distance working would be difficult for many but they should follow the Construction Leadership Council’s, CLC*,* site operating **[procedures](http://www.constructionleadershipcouncil.co.uk/news/site-operating-procedures-during-covid-19/)***.* ProductMax LTVUp to 50% LTV50.01 – 65.00% LTV65.01 – 75.00% LTVTerm & RepaymentArrangement Fee**Residential***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.43% pm0.53% pm0.60% pmMaximum term 24 months No minimum interest or ERCs Interest Fully Rolled Up, Part-Rolled Up or Serviced (subject to affordability) The net advance will be less total potential interest over the term with the gross loan calculated as interest for the entire term and the arrangement fee added.1% -1.5% Full fee added to the loan. **Semi Commercial***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.6% pm0.6% pm0.6% pm**Commercial***Including Light Refurbishment* Up to 70% Lower of PP or MV 0.75% pm**Residential***Heavy Refurbishment* Up to 75% Lower of PP or MV 0.60% pm0.65% pm0.7% pm**Commercial and Semi Commercial***Heavy Refurbishment* Up to 70% Lower of PP or MV 0.83% pm0.83% pm0.7% pm Mr Sharma said he was in regular contact with industry leaders over the developing situation and thanked the sector for its “valued and critical contribution”. “You are making a hugely valued and critical contribution to the resilience of our nation and I salute you for the enormous efforts you are individually undertaking to support the UK economy,” he said. ## **Temporary site closure guidance issued** On Monday, March 30, the CLC released guidance to help close sites temporarily during the coronavirus outbreak where it was impossible to comply with the new site operating procedures. *“*This guidance is intended to ensure that any shutdown is safe and allows the site to recommence operations promptly after the suspension is lifted,” it said. A number of key areas including making closed sites safe as they had a legal obligation to minimise risks and potential hazards even in the event of trespass were flagged up. Maintaining dialogue between client and suppliers to find solutions and referring to contractual requirements when temporarily closing a site was stressed. The CLC has also issued **[guidance](http://www.constructionleadershipcouncil.co.uk/wp-content/uploads/2020/03/Guidance-on-Contractual-Issues-Caused-by-Coronavirus.pdf)** on contractual issues caused by the virus. It advises having a structured plan for shutdown including documenting site progress, reviewing insurance and ensuring emergency services have access to the site. The site should be made secure with suppliers given enough notice to remove the equipment they need. Coming to an agreement with hire companies about possible extending contracts was also advised. powered by [Typeform](https://admin.typeform.com/signup?utm_campaign=SzJRkH&utm_source=typeform.com-01DY2KVM9D1PVD9BEMC0QQG2F9-professional&utm_medium=typeform&utm_content=typeform-embedded-poweredbytypeform&utm_term=EN) ### Development Funding by HZA Brokers [**Hank Zarihs Associates**](https://www.hankzarihs.com/news/) *said* property development funding companies supported the move to leave sites in a good state ready for re-opening as soon as the coronavirus risks ease. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Bridging Finance Lenders, Development Finance Institutions, property development funding, Refurbishment Finance Funding Loans --- ### [Construction industry presses for clear message about building sites](https://www.hankzarihs.com/bridging-loans-construction-industry/) **Published:** March 27, 2020 **Author:** Shiraz Khan **Content:** **Bridging Loans News**:-Clarity over which construction sites should stay open and which must close is essential, the industry has urged. Construction Industry Council, CIC, chief executive, Graham Watts, **[said](http://cic.org.uk/blog/)** work to make good unsafe buildings or dangerous structures should continue. “In the absence of firm advice, some construction companies are taking matters into their own hands and closing for the foreseeable future or until there is more clarity. It is currently a matter of mess and muddle,” said Mr Watts. Taylor Wimpey, Galliard, Travis Perkins and Saint Gobain have already closed their construction sites. Mr Watts stressed sites needed to be prepared for closure and left in a way to make them safe and secure. ProductMax LTVUp to 50% LTV50.01 – 65.00% LTV65.01 – 75.00% LTVTerm & RepaymentArrangement Fee**Residential***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.43% pm0.53% pm0.60% pmMaximum term 24 months No minimum interest or ERCs Interest Fully Rolled Up, Part-Rolled Up or Serviced (subject to affordability) The net advance will be less total potential interest over the term with the gross loan calculated as interest for the entire term and the arrangement fee added.1% -1.5% Full fee added to the loan. **Semi Commercial***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.6% pm0.6% pm0.6% pm**Commercial***Including Light Refurbishment* Up to 70% Lower of PP or MV 0.75% pm**Residential***Heavy Refurbishment* Up to 75% Lower of PP or MV 0.60% pm0.65% pm0.7% pm**Commercial and Semi Commercial***Heavy Refurbishment* Up to 70% Lower of PP or MV 0.83% pm0.83% pm0.7% pm However, the CIC said some projects should continue such as essential repair and structural work. “It would be incredibly dangerous for *all* construction sites to close, but it is also incredibly dangerous for *all construction sites to remain open,” said Mr Watts. Making safe roofs with loose tiles, chimney stacks and weathering was given as an example of the sort of work which ought to continue. The CIC also advises general building control work for NHS properties and emergency services such as the police and fire should carry on. Critical maintenance work on buildings of businesses involved in the NHS supply chain such as manufacturers making ventilators should be done. Mr Watts said: “If construction sites remain open, and my argument is that they should only remain open if the work is critical, then construction work should only continue if it can be carried out under the guidance issued by Public Health England without compromising safety and health.” He said the CIC was working with the government to have a clear message over what was essential and what was not essential in the same way as it has done for the retail sector. The chancellor, Rishi Sunak’s taxable grant of up to £2,500 a month was seen as a step to help the self-employed and prevent them from risking their lives by working on non-essential projects. The amount will be based on 80 per cent of their average monthly income based on their last three tax returns. The Federation of Master Builders, **[FMB](https://www.fmb.org.uk/about-the-fmb/newsroom/welcome-relief-for-construction-s-self-employed-says-fmb/)**, chief executive, Brian Berry, said construction workers would be taking a ‘collective sigh of relief’. “Building companies will now also be able to close sites to protect workers and public health without having to worry about the losses faced by self-employed workers on those sites. We now urge the Treasury and HMRC to ensure that all support packages are up and running as soon as physically possible.” But business consultants EY said the grant only applied to those earning less than £50,000 a year. powered by [Typeform](https://admin.typeform.com/signup?utm_campaign=SzJRkH&utm_source=typeform.com-01DY2KVM9D1PVD9BEMC0QQG2F9-professional&utm_medium=typeform&utm_content=typeform-embedded-poweredbytypeform&utm_term=EN) EY head of personal tax, Tom Evennett, said: “There will be a group of taxpayers who are just over £50,000 – such a hard cut-off could be seen as rough justice.” ## Bridging Loans by HZA Help for owner-directors who cannot furlough themselves and the recently self-employed is less clear. Brokers **[Hank Zarihs Associates](https://www.hankzarihs.com/news/)** said development finance lenders would be keen to see these people helped too otherwise many SMEs might face going under. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Bridging Finance Lenders, bridging finance loans london, developer financing, Development Finance Institutions --- ### [Builders’ merchants open for business again](https://www.hankzarihs.com/bridging-loans-builders-merchants/) **Published:** March 25, 2020 **Author:** Shiraz Khan **Content:** **Bridging Loans News:-** Builders merchants are re-opening their doors after the government told them to stay open to support the construction industry supply chain. Howdens, Huws Gray, Jewson, Ridgeons, Selco and Travis Perkins closed their branches yesterday, March 24, following the government’s advice on Monday that people should stay at home. However, the government told them via their trade association, the Builders Merchants Federation, BMF, to continue operating. BMF chief executive, John Newcomb, said during a construction leadership taskforce meeting the department of business, energy and industrial strategy had told them to continue operating. “Ideally, this should be through online and delivery services, but those who need to maintain depot service are able to do so providing they observe Public Health England guidance including social distancing, cleaning and hygiene, staff welfare and all other means to minimise the risks of transmitting coronavirus,” said Mr Newcomb. In a **[statement](https://www.bmf.org.uk/BMF/News/BMF-clarifies-builders-merchants-role-during-COVID-19-resrictions.aspx)**, the trade body highlighted that builders’ merchants were a vital part of the construction supply chain. “It is important that they continue to support the industry to operate on sites, especially where it is undertaking essential work, and also to continue to provide the link between product manufacturers and the firms and tradespeople that use and install the products they make,” it said. ## **Existing construction sites stay open** The government has confirmed that for jobs where it is impossible to work from home, people can continue to go to work providing they follow the official Public Health England guidelines. Housing minister, Robert Jenrick, tweeted yesterday that it was “worth remembering” there were some housing construction functions that were ‘essential’. He said keeping buildings safe and essential maintenance and repairs in homes such as sanitation systems and boilers must continue. ### **Our Bridging Finance** range covers auction purchases, to private sales and all levels of refurbishment works. Bridging finance is ideal when you need funding fast, with minimal fuss or paperwork. ProductMax LTVUp to 50% LTV50.01 – 65.00% LTV65.01 – 75.00% LTVTerm & RepaymentArrangement Fee**Residential***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.43% pm0.53% pm0.60% pmMaximum term 24 months No minimum interest or ERCs Interest Fully Rolled Up, Part-Rolled Up or Serviced (subject to affordability) The net advance will be less total potential interest over the term with the gross loan calculated as interest for the entire term and the arrangement fee added.1% -1.5% Full fee added to the loan. **Semi Commercial***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.6% pm0.6% pm0.6% pm**Commercial***Including Light Refurbishment* Up to 70% Lower of PP or MV 0.75% pm**Residential***Heavy Refurbishment* Up to 75% Lower of PP or MV 0.60% pm0.65% pm0.7% pm**Commercial and Semi Commercial***Heavy Refurbishment* Up to 70% Lower of PP or MV 0.83% pm0.83% pm0.7% pm The BMF said online deliveries can operate as normal, although drivers should seek to follow social distancing. Merchants with stores open to the public should consider whether to continue to do so or limit the number of customers. The BMF said they should think about how to improve cleaning and hygiene to minimise the risk of coronavirus transmission with additional staff welfare facilities. powered by [Typeform](https://admin.typeform.com/signup?utm_campaign=SzJRkH&utm_source=typeform.com-01DY2KVM9D1PVD9BEMC0QQG2F9-professional&utm_medium=typeform&utm_content=typeform-embedded-poweredbytypeform&utm_term=EN) ### Bridging Loans by HZA Brokers **[Hank Zarihs Associates](https://www.hankzarihs.com/news/)** said development finance lenders were behind the government’s decision and were still offering construction loans and instant bridging finance. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** construction loans, Development Finance Institutions, Development Finance Lenders, instant bridging finance --- ### [Builders on red alert for site closures and lay-offs](https://www.hankzarihs.com/instant-bridging-finance-builders/) **Published:** March 18, 2020 **Author:** Shiraz Khan **Content:** **Instant bridging finance News:-**The construction industry is grappling with the challenge of supply chain disruptions, staff sickness and site closures caused by the coronavirus. The National Federation of Builders, [**NFB**](https://www.builders.org.uk/home/), said members had reported issues of absence due to self-isolation and this was likely to change rapidly in the next few days. NFB chief executive, Richard Beresford, said: “The government and the construction sector needs to also recognise the risk of mass absence from construction sites and the potential impact of delayed payment resulting in the need to lay staff off or make redundancies.” ### **Our Bridging Finance** range covers auction purchases, to private sales and all levels of refurbishment works. Bridging finance is ideal when you need funding fast, with minimal fuss or paperwork. ProductMax LTVUp to 50% LTV50.01 – 65.00% LTV65.01 – 75.00% LTVTerm & RepaymentArrangement Fee**Residential***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.43% pm0.53% pm0.60% pmMaximum term 24 months No minimum interest or ERCs Interest Fully Rolled Up, Part-Rolled Up or Serviced (subject to affordability) The net advance will be less total potential interest over the term with the gross loan calculated as interest for the entire term and the arrangement fee added.1% -1.5% Full fee added to the loan. **Semi Commercial***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.6% pm0.6% pm0.6% pm**Commercial***Including Light Refurbishment* Up to 70% Lower of PP or MV 0.75% pm**Residential***Heavy Refurbishment* Up to 75% Lower of PP or MV 0.60% pm0.65% pm0.7% pm**Commercial and Semi Commercial***Heavy Refurbishment* Up to 70% Lower of PP or MV 0.83% pm0.83% pm0.7% pm The trade body said clarity over insurance was an area it would be discussing with government ministers. NFB housing and planning head, Rico Wojtulewicz, said: “Over half of our industry are self-employed people who are going to want to say working. There’s concern about ensuring that people will still get paid.” A treasury spokesperson said construction firms would need to check their insurance policy to see if they were covered for pandemic viruses and government-ordered closures. “A pragmatic and dynamic risk-based approach, supported by the government is needed,” stressed Mr Beresford. He said his organisation was in constant contact with members and was organising a surveyto find out the impact of the spread of the virus. Construction trade bodies Build UK and the Civil Engineering Contractors Association announced a raft of [measures](https://www.ceca.co.uk/coronavirus-impact-on-construction/) in the wake of the virus including splitting teams and long-distance working. ## **Government announces a raft of loans to help businesses** Chancellor, Rishi Sunak’s announcement yesterday to offer loans of £330 bn from March 23 to help business with cash flow was welcomed by the wider business community. The new business interruption loan scheme for small and medium-sized businesses will provide loans of up to £5 million, with no interest due for the first six months.Micro-businesses would be eligible for £10,000 grants helping an estimated 700,000 enterprises. The Bank of England is to offer low-cost commercial loans for larger businesses. powered by [Typeform](https://admin.typeform.com/signup?utm_campaign=SzJRkH&utm_source=typeform.com-01DY2KVM9D1PVD9BEMC0QQG2F9-professional&utm_medium=typeform&utm_content=typeform-embedded-poweredbytypeform&utm_term=EN) Federation of Small Businesses national chairman Mike Cherry said: “The key now is to deliver these measures within the coming days with no hold-ups at banks, local authorities or central government.” ### Instant bridging finance by HZA Brokers [**Hank Zarihs Associates**](https://www.hankzarihs.com/news/) said lenders could also help with different types of fundingincludingshort-term bridging finance. The government has postponed the introduction of new IR35 rules aimed at stopping employees registering as freelance contractors for 12 months. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Bridge Finance Loans, developer financing, instant bridging finance, second charge bridging finance --- ### [Building firms urged to keep cashflow alive](https://www.hankzarihs.com/construction-loans-building-firms/) **Published:** March 23, 2020 **Author:** Shiraz Khan **Content:** **Construction Loans News**:- Keep your supply chain up and running by paying suppliers and staff, urges construction trade body, Build UK. The organisation called on construction firms to act responsibly following the chancellor, Rishi Sunak’s announcement on Friday, March 20, of a raft of business support **[measures](https://www.gov.uk/government/news/chancellor-announces-workers-support-package)**. “The aim is to keep cash flowing through the whole supply chain so that businesses of all sizes can survive the current crisis,” it said. Build UK wants firms to hang on to their apprentices and to keep constructions sites going until advised otherwise. ## Construction Loans by HZA Brokers **[Hank Zarihs Associates](https://www.hankzarihs.com/news/)** said the property development funding sector was keen to continue supporting SME housebuilders with a range of finance including short-term bridging loans. ProductMax LTVUp to 50% LTV50.01 – 65.00% LTV65.01 – 75.00% LTVTerm & RepaymentArrangement Fee**Residential***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.43% pm0.53% pm0.60% pmMaximum term 24 months No minimum interest or ERCs Interest Fully Rolled Up, Part-Rolled Up or Serviced (subject to affordability) The net advance will be less total potential interest over the term with the gross loan calculated as interest for the entire term and the arrangement fee added.1% -1.5% Full fee added to the loan. **Semi Commercial***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.6% pm0.6% pm0.6% pm**Commercial***Including Light Refurbishment* Up to 70% Lower of PP or MV 0.75% pm**Residential***Heavy Refurbishment* Up to 75% Lower of PP or MV 0.60% pm0.65% pm0.7% pm**Commercial and Semi Commercial***Heavy Refurbishment* Up to 70% Lower of PP or MV 0.83% pm0.83% pm0.7% pm Build UK said it would release its proposed standard operating procedures on protecting site workforce later in the week. ### **Co-operation between private and public sector** The trade organisation called on the industry to support the NHS with supply medical grade, or equivalent, personal protective equipment such as masks, gloves, gowns and goggles. Build UK said the Cabinet Office has published a procurement policy [**notice**](https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/874178/PPN_02_20_Supplier_Relief_due_to_Covid19.pdf) for the public sector to continue paying firms, who have temporarily stopped delivery due to coronavirus risk, until the end of June. “Suppliers will need to act on an open book basis, make cost information available to the contracting authority, and continue to pay employees and sub-contractors,” advised Build UK. powered by [Typeform](https://admin.typeform.com/signup?utm_campaign=SzJRkH&utm_source=typeform.com-01DY2KVM9D1PVD9BEMC0QQG2F9-professional&utm_medium=typeform&utm_content=typeform-embedded-poweredbytypeform&utm_term=EN) Public authorities will be able to enter into [**contracts**](https://www.gov.uk/government/publications/procurement-policy-note-0120-responding-to-covid-19) or modify existing ones without going through the normal tendering procedure, although certain rules will still apply. Build UK has published a **[summary](https://builduk.org/wp-content/uploads/2020/03/Coronavirus-23-March-2020.pdf)** of the emergency schemes the government has released to help businesses overcome the Covid-19 pandemic. These include deferral of paying forthcoming VAT bills from now until the end of June to the end of the next tax year. Income tax payments due in July 2020 under the self-assessment system will be deferred to January 2021, to help the country’s 5.7m self-employed businesses. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Auction Finance loans, Development Finance Institutions, property development funding, Short-Term Bridging Loan Specialists --- ### [Smaller developers press chancellor for tax break](https://www.hankzarihs.com/bridging-financing-smaller-developers/) **Published:** March 20, 2020 **Author:** Shiraz Khan **Content:** **Bridging Financing News**:- Small and medium-sized building firms are calling for a three-month tax holiday on VAT, pay as you earn and construction industry scheme contributions to prevent wide-spread insolvencies. The Federation of Master Builders, **FMB,** has **written** to the chancellor, Rishi Sunak, and business secretary**,Alok Sharma,** asking for immediate support in the wake of the coronavirus. They say three-quarters of their 7,500members have reported delayed or cancelled projects and just under two-thirds have seen a fall in enquiries. Nearly one in ten have had to make some redundancies. FMB chief executive, Brian Berry, said: “The government must intervene as a matter of urgency if small building companies are to protect their workforces, avoid further job losses, and prevent building companies going to the wall.” ### **Our Bridging Finance** range covers auction purchases, to private sales and all levels of refurbishment works. Bridging finance is ideal when you need funding fast, with minimal fuss or paperwork. ProductMax LTVUp to 50% LTV50.01 – 65.00% LTV65.01 – 75.00% LTVTerm & RepaymentArrangement Fee**Residential***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.43% pm0.53% pm0.60% pmMaximum term 24 months No minimum interest or ERCs Interest Fully Rolled Up, Part-Rolled Up or Serviced (subject to affordability) The net advance will be less total potential interest over the term with the gross loan calculated as interest for the entire term and the arrangement fee added.1% -1.5% Full fee added to the loan. **Semi Commercial***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.6% pm0.6% pm0.6% pm**Commercial***Including Light Refurbishment* Up to 70% Lower of PP or MV 0.75% pm**Residential***Heavy Refurbishment* Up to 75% Lower of PP or MV 0.60% pm0.65% pm0.7% pm**Commercial and Semi Commercial***Heavy Refurbishment* Up to 70% Lower of PP or MV 0.83% pm0.83% pm0.7% pm The FMB would like the £25,000 cash grant for the retail and hospital sector extended to construction firms. It’s also calling for assurances that the coronavirus business interruption loan scheme is introduced immediately and is quick and easy to use. ## **Remote working not an option for most construction workers** Nearly all of the trade body’s members, 98 per cent, have estimated that only one quarter of their staff can work from home.The FMB is calling forthe equivalent rate of statutory sick payto be applied to the self-employed who fill 37 per cent of industry jobs. It’s also calling for the government to work with the Construction Industry Training Board to help employers keep their apprentices. “We mustn’t allow a repeat of the 2008 recession when one in three SME construction firms left the industry. Building new homes and levelling-up infrastructure will be key to rebuilding our economy after the virus has passed, and the government will need an army of builders in place to deliver that,” said Mr Berry. powered by [Typeform](https://admin.typeform.com/signup?utm_campaign=SzJRkH&utm_source=typeform.com-01DY2KVM9D1PVD9BEMC0QQG2F9-professional&utm_medium=typeform&utm_content=typeform-embedded-poweredbytypeform&utm_term=EN) ### Bridging Financing by HZA Brokers **Hank Zarihs Associates** said appropriate help was crucial to ensure building carried on and that development finance lenders could continue to offer financial funding. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** 2nd charge bridging loan, bridging loans london, Development Finance Institutions, Development Finance Lenders --- ### [Sadiq Khan forced to rethink London plan to generate more homes](https://www.hankzarihs.com/property-finance-sadiq-khan-london/) **Published:** March 16, 2020 **Author:** Shiraz Khan **Content:** **Property Finance News:-** Housing minister, Robert Jenrick, has taken the controversial step of telling the mayor, Sidiq Khan to overhaul the London plan to allow more houses to be built in the capital. Mr Jenrick has ordered Mr Khan to change the housing mix in favour of family-sized homes, to build more densely around stations and to bring more small sites forward. The housing minister has told the mayor he must produce an updated plan in line with national policy and including changes Mr Jenrick changes. ### **Our Bridging Finance** range covers auction purchases, to private sales and all levels of refurbishment works. Bridging finance is ideal when you need funding fast, with minimal fuss or paperwork. ProductMax LTVUp to 50% LTV50.01 – 65.00% LTV65.01 – 75.00% LTVTerm & RepaymentArrangement Fee**Residential***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.43% pm0.53% pm0.60% pmMaximum term 24 months No minimum interest or ERCs Interest Fully Rolled Up, Part-Rolled Up or Serviced (subject to affordability) The net advance will be less total potential interest over the term with the gross loan calculated as interest for the entire term and the arrangement fee added.1% -1.5% Full fee added to the loan. **Semi Commercial***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.6% pm0.6% pm0.6% pm**Commercial***Including Light Refurbishment* Up to 70% Lower of PP or MV 0.75% pm**Residential***Heavy Refurbishment* Up to 75% Lower of PP or MV 0.60% pm0.65% pm0.7% pm**Commercial and Semi Commercial***Heavy Refurbishment* Up to 70% Lower of PP or MV 0.83% pm0.83% pm0.7% pm The planning inspectorate’s examination of Mr Khan’s plan estimated it would only deliver 52,000 new homes a year, significantly below the 66,000 a year target. In a [**letter**](https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/872456/Letter_to_the_Mayor_of_London.pdf) sent to Mr Khan on Friday, March 13, Mr Jenrick launched a searing attack against the mayor claiming he had let down Londoners. “Housing delivery in London under your mayoralty has been deeply disappointing, over the last three years housing delivery has averaged just 37,000 a year; falling short of the existing plan target and well below your assessment of housing need,” said Mr Jenrick. He accused Mr Khan of failing to make key development sites such as the 650 acres of the disused railway and industrial land at Old Oak and Park Royal happen. Redevelopment of the site in west London was to have offered 25,000 new homes and generated 65,000 new jobs. “Critical strategic sites have stalled, epitomised by your development corporation in Old Oak and Park Royal being forced to turn away £250 million of government funding because of your inability to work successfully with the main landowner,” said Mr Jenrick. ## Property Finance by HZA Brokers **[Hank Zarihs Associates](https://www.hankzarihs.com/news/)** said development finance lenders were keen to offer funding for strategic schemes like this one which includes the new west London **[terminal](https://www.gov.uk/government/news/start-of-construction-at-hs2s-london-super-hub-moves-a-step-closer)** for HS2. powered by [Typeform](https://admin.typeform.com/signup?utm_campaign=SzJRkH&utm_source=typeform.com-01DY2KVM9D1PVD9BEMC0QQG2F9-professional&utm_medium=typeform&utm_content=typeform-embedded-poweredbytypeform&utm_term=EN) ### **Fewer new homes being built and at a greater cost** Mr Jenrick said new build homes across the capital had fallen by 28 per cent in 2019 compared with previous years and the cost of building a new home in London had soared to £515,000. “The shortfall between housing need in London and the homes your plan delivers has significant consequences for Londoners.” Mr Khan was also criticised for including too high a ratio of one-bedroom flats which Mr Jenrick said would drive people out of the capital who wanted to start a family. He was also slammed for over-prescriptive policies making it more difficult for developments to come forward. “Leaving tens of thousands of homes a year needed but unplanned for will exacerbate the affordability challenges within and around the capital; making renting more expensive and setting back the aspirations of Londoners to get on the housing ladder.” The Mayor’s Office said it would make no apology for protecting and enhancing the green belt while trying to deliver ‘genuinely’ affordable homes. A spokesperson said: “The secretary of state is trying to run roughshod over the mayor’s efforts to finalise a London plan, which will deliver for Londoners and deliver on pledges from the mayor’s manifesto. “The secretary of state needs to realise that London is best served by the government devolving further funding and powers to the capital to build the affordable homes it urgently needs, instead of taking this heavy-handed approach.” ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** best bridging finance, Development Finance Lenders, financefor property development, real estate broker, ural development financing --- ### [Chancellor looks to the sky for boosting new housing](https://www.hankzarihs.com/bridging-finance-new-housing/) **Published:** March 12, 2020 **Author:** Shiraz Khan **Content:** **Bridging Finance News**:- Building homes above train stations, shops and converting disused buildings is to become easier with the government announcing new [**permitted development rights**](https://www.gov.uk/government/news/robert-jenrick-plans-for-the-future-to-get-britain-building) from the Summer. The ministry of housing, communities and local government said developers would be able to demolish vacant commercial, industrial and residential buildings and replace them with homes. > Our Bridging Finance range covers [auction purchases](https://www.hankzarihs.com/auction-finance/), to private sales and all levels of refurbishment works. Bridging finance is ideal when you need funding fast, with minimal fuss or paperwork. ProductMax LTVUp to 50% LTV50.01 – 65.00% LTV65.01 – 75.00% LTVTerm & RepaymentArrangement Fee**Residential***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.43% pm0.53% pm0.60% pmMaximum term 24 months No minimum interest or ERCs Interest Fully Rolled Up, Part-Rolled Up or Serviced (subject to affordability) The net advance will be less total potential interest over the term with the gross loan calculated as interest for the entire term and the arrangement fee added.1% -1.5% Full fee added to the loan. **Semi Commercial***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.6% pm0.6% pm0.6% pm**Commercial***Including Light Refurbishment* Up to 70% Lower of PP or MV 0.75% pm**Residential***Heavy Refurbishment* Up to 75% Lower of PP or MV 0.60% pm0.65% pm0.7% pm**Commercial and Semi Commercial***Heavy Refurbishment* Up to 70% Lower of PP or MV 0.83% pm0.83% pm0.7% pm Housing Secretary Robert Jenrick said: “I want everyone, no matter where they live, to have access to affordable, safe, quality housing and live in communities with a real sense of place – as part of our mission to level up, unite and unleash the potential of this country.” The government is launching a new register of brownfield sites in April to encourage councils to get this land back in use. The chancellor, Rishi Sunak, announced £400m to help ambitious mayors, such as the West Midlands authority’s Andy Street, do this. Local authorities who don’t have an up-to-date local plan by December 2023 could face government intervention to ensure sufficient homes are built in their area. Councils who are building enough new homes would be rewarded with more funding under the new homes’ bonus. ## **Planning overhaul imminent** A white **[paper](https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/872091/Planning_for_the_Future.pdf)** is expected in the Spring with proposals to speed up the planning process so homes can be built more quickly. Rebates for planning applications successful at appeal and greater transparency on land options are proposed. “We must think boldly and creatively about the planning system to make it fit for the future, and this is just the first step, so we can deliver the homes communities need and help more young people onto the ladder,” said Mr Jenrick. The government said it would adopt a new approach for calculating local housing need in favour of greater building to reach the 300,000 a year new homes target. The Federation of Master Builders described digitisation of the planning process as “a victory for common sense”. Chief executive, Brian Berry, said: “I’m pleased to learn the secretary of state will engage particularly with small to medium-sized housebuilders to ensure the new system works for them. Key to increasing the volume and quality of new homes coming through is reversing the decline in small housebuilders.” Another £1.1 billion in local infrastructure for transport, utilities, schools and hospitals was announced in yesterday’s budget. The government claims this would enable up to 70,000 new homes to be built. powered by [Typeform](https://admin.typeform.com/signup?utm_campaign=SzJRkH&utm_source=typeform.com-01DY2KVM9D1PVD9BEMC0QQG2F9-professional&utm_medium=typeform&utm_content=typeform-embedded-poweredbytypeform&utm_term=EN) ### Bridging Finance by HZA Brokers **Hank Zarihs Associates** said a commitment to help fund infrastructure was something the property development funding sector supports as it would make it easier for sites to be developed. A future homes standard requiring 80 per cent lower carbon emission for all new homes is expected to come into play from 2025, which the Home Builders Federation said it welcomed. Up to four new development corporations around Bedford, St Neots/Sandy, Cambourne and Cambridge are set to be created subject to public consultation. The government sees the Oxford-Cambridge Arc as a hotpot for environmentally friendly developments offering housing for people in high-productivity jobs. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** 2nd charge bridging loan, Alternative Bridge Finance, Bridge Finance Lenders, bridging loans london --- ### [Apprenticeship boost to plug post Brexit building skills gap](https://www.hankzarihs.com/developer-financing-apprenticeship-boost/) **Published:** March 4, 2020 **Author:** Shiraz Khan **Content:** **Developer Financing News**:- Housebuilders have launched a campaign to attract 49,000 young people in the next few years to fill the shortfall when the UK leaves the European single job market next year. The Home Builders Federation, HBF, has calculated this is the level of new recruits needed to enable the sector to hit the government target of 300,000 new homes a year. Housing minister, Christopher Pincher, has backed the campaign announcing an increase in annual apprenticeships starts to 25,000 and pledging £3bn of match funding for SMEs who offer quality training. ### **Our Bridging Finance** range covers auction purchases, to private sales and all levels of refurbishment works. Bridging finance is ideal when you need funding fast, with minimal fuss or paperwork. ProductMax LTVUp to 50% LTV50.01 – 65.00% LTV65.01 – 75.00% LTVTerm & RepaymentArrangement Fee**Residential***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.43% pm0.53% pm0.60% pmMaximum term 24 months No minimum interest or ERCs Interest Fully Rolled Up, Part-Rolled Up or Serviced (subject to affordability) The net advance will be less total potential interest over the term with the gross loan calculated as interest for the entire term and the arrangement fee added.1% -1.5% Full fee added to the loan. **Semi Commercial***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.6% pm0.6% pm0.6% pm**Commercial***Including Light Refurbishment* Up to 70% Lower of PP or MV 0.75% pm**Residential***Heavy Refurbishment* Up to 75% Lower of PP or MV 0.60% pm0.65% pm0.7% pm**Commercial and Semi Commercial***Heavy Refurbishment* Up to 70% Lower of PP or MV 0.83% pm0.83% pm0.7% pm “Our message to school leavers and those considering a career in the home building industry is clear: if you want to master a trade, have financial stability and access to a wealth of exciting jobs across the country, look no further than the home building sector,” he said in the forward to the HBF’s **[Building a Future: Opportunities in Home Building](https://www.hbf.co.uk/documents/9604/HBF_Case_Study_Skills_Booklet_-_FINAL_COPY_Lower_Res.pdf)** report*.* The trade body estimates 145,000 construction workers, nearly a third of the workforce, are set to retire over the coming years. It calculates 8,000 new recruits are needed for every 10,000 new homes built and over three jobs are supported or sustained for every new home built. ## **Building industry offers diverse job prospects** HBF managing director, Neil Jefferson, said with the increasing demand for housing, it was vital the sector continued to attract a broad range of entrants. “The industry requires an extensive and varied mix of skills: From identifying the land needed for the creation of new communities, to the design and architecture of buildings, through to the engineering, construction and sale of new homes, there are opportunities for people of all backgrounds and talents to develop a rewarding career in the industry.” powered by [Typeform](https://admin.typeform.com/signup?utm_campaign=SzJRkH&utm_source=typeform.com-01DY2KVM9D1PVD9BEMC0QQG2F9-professional&utm_medium=typeform&utm_content=typeform-embedded-poweredbytypeform&utm_term=EN) ### Developer Financing by HZA Brokers **[Hank Zarihs Associates](https://www.hankzarihs.com/news/)** said property development funding depended on ensuring housebuilders had access to the right mix of people to deliver a project. It added ensuring a steady supply of new skilled workers was essential for building new high-quality homes. The Federation of Master Builders, FMB’s trade survey for the fourth quarter of 2019 showed 54 per cent of SMEs were struggling to hire bricklayers with 53 per cent finding it difficult to source joiners. Housebuilders will no longer be able to employ EU nationals without the new points-based visa scheme from June 30, 2021. The FMB has called on the government to amend the system so construction workers of all skills can still come to the UK. Chief executive, Brian Berry, has described it as unrealistic to expect the domestic workforce to fill the shortfall. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** developer financing, development finance institute, property development funding, Residential Development Finance --- ### [Clampdown of mis-selling of new homes with leaseholds](https://www.hankzarihs.com/bridging-loans-clampdown-homes/) **Published:** February 28, 2020 **Author:** Shiraz Khan **Content:** **Bridging Loans News**:- Housebuilders who mis-sell leasehold homes could find themselves in court following the worrying findings of a Competition and Markets Authority **[probe](https://assets.publishing.service.gov.uk/media/5e57e4ea86650c53b74fe6e0/Leasehold_update_report_pdf.pdf)**. The CMA found evidence of potential mis-selling and unfair contract terms in the leasehold housing sector. Developers are estimated to have sold about 778,000 hew-build long leasehold homes between 2000 to 2018 with nearly two thirds being in the North West. CMA chief executive Andrea Coscelli said: “We have found worrying evidence that people who buy leasehold properties are being misled and taken advantage of. ### **Our Bridging Finance** range covers auction purchases, to private sales and all levels of refurbishment works. Bridging finance is ideal when you need funding fast, with minimal fuss or paperwork. ProductMax LTVUp to 50% LTV50.01 – 65.00% LTV65.01 – 75.00% LTVTerm & RepaymentArrangement Fee**Residential***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.43% pm0.53% pm0.60% pmMaximum term 24 months No minimum interest or ERCs Interest Fully Rolled Up, Part-Rolled Up or Serviced (subject to affordability) The net advance will be less total potential interest over the term with the gross loan calculated as interest for the entire term and the arrangement fee added.1% -1.5% Full fee added to the loan. **Semi Commercial***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.6% pm0.6% pm0.6% pm**Commercial***Including Light Refurbishment* Up to 70% Lower of PP or MV 0.75% pm**Residential***Heavy Refurbishment* Up to 75% Lower of PP or MV 0.60% pm0.65% pm0.7% pm**Commercial and Semi Commercial***Heavy Refurbishment* Up to 70% Lower of PP or MV 0.83% pm0.83% pm0.7% pm “We’ll be looking carefully at the problems we’ve found, which include escalating ground rents and misleading information, and will be taking our own enforcement action directly in the sector shortly.” The CMA said some developers had failed to tell buyers their new home was a leasehold one or explain the difference between a leasehold and freehold property. They were also giving unrealistically low estimates of as little as £2,000 for buying the freehold at a later date. Other concerns included escalating ground rents which in 10,000 cases doubled every ten years and in 13,000 cases doubled more frequently than every 20 years. There are more than 57,000 homes where ground rents are over the threshold for an assured tenancy. Unreasonable fees for routine maintenance of shared spaces or home improvements plus permission fees to make changes to the property were also an issue. Permission fees were in some cases applied for something as simple as installing a new boiler. ## **Developers who mis-sell could face court action** The CMA said it would bring direct enforcement action against companies it believed had broken consumer protection law. This could include asking firms to sign legal commitments to change how they do business and if they refused taking court action. powered by [Typeform](https://admin.typeform.com/signup?utm_campaign=SzJRkH&utm_source=typeform.com-01DY2KVM9D1PVD9BEMC0QQG2F9-professional&utm_medium=typeform&utm_content=typeform-embedded-poweredbytypeform&utm_term=EN) The CMA said it would back the government’s plan to reform the leasehold market which could include banning the sale of new leasehold homes and reducing ground rents to zero. The authority is developing consumer advice for people who own or are thinking of buying a leasehold property. ### Bridging Loans by HZA Brokers **[Hank Zarihs Associates](https://www.hankzarihs.com/news/)** said development finance lenders backing the smaller SME housebuilder, where new homes sold as leaseholds was rare, supported the move to stamp out unfair practices. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** best bridging finance, Bridge Finance Lenders, Building Development Loan, houses prices in UK --- ### [Energy efficiency vouchers get building industry´s thumbs up](https://www.hankzarihs.com/energy-efficiency-vouchers-get-building-industrys-thumbs-up/) **Published:** July 7, 2020 **Author:** Shiraz Khan **Content:** Vouchers of up to £5,000 for homeowners to make their properties energy efficient will encourage more builders to go green, claim leading figures in the industry. The chancellor Rishi Sunak has announced a £2bn grant scheme, as part of a wider a £3bn plan to cut emissions, which the treasury claims could support more than 100,000 jobs. Construction trade bodies have welcomed the grants for retrofits such as insulation, double-glazing and heat pumps. They are optimistic this will encourage more builders to get into this field as the initiative will offer guaranteed work. “It has to be treated as a first step and we must come together to produce industry solutions so that when this comes on board we´re doing high-quality work,” said National Federation of Builders, NFB, head of housing and planning Rico Wojtulewicz. Federation of Master Builders, FMB, chief executive Brian Berry described the scheme as a vote of confidence for local builders up and down the country. **Training will be key** “This will protect jobs in construction and create new opportunities. We must ensure all the new entrants to the industry receive proper training or apprenticeships, to guarantee energy efficiency home improvements are delivered by quality tradespeople.” Mr Wojtulewicz agreed adding it would be important to upskill the existing workforce so they can inform consumers about what can be done and why. The scheme is expected to launch in September with online applications for recommended energy efficiency measures made available alongside details of accredited local suppliers. The FMB said it would push for additional steps such as the development of green finance and for the full £9.2bn pledged in the Conservative´s manifesto to be brought forward. The building industry is hoping the chancellor will reduce stamp duty and VAT when he gives his summer statement tomorrow afternoon in the Commons. In particular, the NFB would like to see stamp duty scrapped for new build homes. Mr Wojtulewicz said: “New homes create jobs and more wealth for the country and so it´s a broader remit in terms of bringing in taxation.” The industry would also like to see a temporary cut in VAT until spring to give the sector a better chance of recovering post the Covid-19 lockdown. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said property development lenders believed lifting stamp duty on new homes would be one of the best measures for stimulating the housing industry. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Business, Finance News, News, Planning News, Projects --- ### [More time to get shovels in the ground for affordable housing](https://www.hankzarihs.com/more-time-to-get-shovels-in-the-ground-for-affordable-housing/) **Published:** July 6, 2020 **Author:** Shiraz Khan **Content:** The deadline for making a start on an affordable housing scheme has been pushed back to March 2023, the government has announced. Housing secretary Robert Jenrick said the original deadline of March 2022 will be extended by 12 months to give housing associations and councils more flexibility. “Building the homes´ the country needs is central to the mission of this government as we prioritise uniting and levelling up the country,” he said. It´s estimated the building of 53,000 affordable homes has been stalled due to the coronavirus pandemic. The [National Federation of Builders](https://www.builders.org.uk/home/) head of housing and planning Rico Wojtulewicz welcomed the move. “It´s really helpful. It gives us more certainty and allows us to plan these projects further in advance.” The announcement follows last week´s confirmation of £12bn to build 180,000 new affordable homes starting from next year. The government said this would lead to a further £38bn in public and private investment in affordable housing. Other initiatives include a pilot of 1,500 first homes prioritised for local first-time buyers and key workers at a 30 per cent discount. The discount will be locked-in to the property keeping them affordable for generations of families to own. **Planning laws eased to help residential building** The government has said developers who want to demolish and rebuild unused buildings won´t need planning permission if they construct homes on the site. Finance brokers [Hank Zarihs Associates](https://www.hankzarihs.com/news/) said this would mean property development lenders would be more interested in supporting SME builders to take on smaller trickier plots. “This could offer a great opportunity for creative repurposing of dilapidated buildings whether they be disused garages, warehouses or commercial units such as car yards,” said Hank Zarihs Associates chief executive, Shiraz Khan. A cross-government strategy for how public sector land can be better managed and released is expected to be published within the next few months prior to the forthcoming spending review. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Business, Finance News, News, Planning News, Projects --- ### [Lockdown fuels interest in new homes and refurbs](https://www.hankzarihs.com/lockdown-fuels-interest-in-new-homes-and-refurbs/) **Published:** July 3, 2020 **Author:** Shiraz Khan **Content:** More than 55 per cent of respondents in a national survey said they valued their home space more than ever due to the lockdown. Two out of five said they would prioritise space for an office if they were searching for a new home, according to a poll of 2000 adults across the UK. [Home Builders Federation](https://www.hbf.co.uk/news/demand-new-build-homes-rockets-post-lockdown/)executive chairman Stewart Baseley said: “Lockdown has been an extremely testing time, during which people have spent much more time than usual in their homes. This has led to a re-evaluation in how people see their homes and what they want from them.” Nearly a fifth of those surveyedsaid they wanted to change the style of their home, with one in six stating their interest in updating their home had increased during the lockdown. Almost a quarter of people aged 25-34 revealed their interest in interior design hadgrown, compared to just one in eight of those aged 45-54. HBF commissioned the survey, conducted by Opinion Matters, to mark [*New Homes Week Unlocked*](http://www.new-homes.co.uk/new-homes-week/)*,* July 20-27. Mr Baseley added:“The initiative will give those who have developed itchy feet an opportunity to update their space according to their new priorities.” **Buyer interest spikes as lockdown eases** The online property website [Zoopla](https://www.zoopla.co.uk/) reported a surge in new home enquiries and reservations since salesrestarted six weeks ago on May 13. Zoopla said demand had increased by 66 per cent on April and early May´s figuresand was now in line with February levels. The North East has shown the biggest rebound with a 139 per cent increase in interest followed by the West Midlands at 121 per cent and the East Midlands at 108 per cent. First-time buyer demand was now above pre-lockdown levels with an 87 per cent increase after an initial fall of 68 per cent in the first two weeks of lockdown. Zooplanew homes director Alex Rosesaid: “Buyer expectations have shifted since the coronavirus lockdown. Home offices have spiked in popularity as more people plan to work from home more frequently, while gardens and proximity to outdoor space have also become a prerequisite for many buyers.” Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/news/)said it was optimistic about the opportunities available as the restrictionsease and that lenders were keen to offer development and refurbishment finance. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, News, Planning News, Projects --- ### [Builders can get closer onsite and food is back on the table](https://www.hankzarihs.com/builders-can-get-closer-onsite-and-food-is-back-on-the-table/) **Published:** July 1, 2020 **Author:** Shiraz Khan **Content:** **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](https://www.constructionleadershipcouncil.co.uk/wp-content/uploads/2020/07/Site-Operating-Procedures-Version-5.pdf) 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 marking the capacity of each canteen or rest area at the entrance and where necessary supervising compliance with social distancing rules. Washbasins or hand sanitiser should be available at the entrance and used by workers on entry and when leaving the area. Break times are to be staggered to reduce congestion and contact with drinking water offered from regularly cleaned taps. **Clean, clean, clean** Surfaces and devices which are touched a lot such as kettles, fridges and microwaves should be frequently cleaned. Rubbish should be put straight in the bin and tables cleaned before and between use. Disposable plates, cups and cutlery are recommended but if that´s not possible all eating utensils should be washed and dried between use. Canteen staff should wash their hands often with soap and water for at least 20 seconds before and after handling food. Canteen staff and workers can use the same rest areas providing they socially distance with firms encouraged to monitor compliance. The construction industry has welcomed the changes which they say will enable them to increase productivity further. **Building back to recovery** Yesterday the prime minister, Boris Johnson, declared a bold ´build, build build´ pledge including a £450m boost for the Home Builders Fund to help smaller developers and back around 7,200 new homes. He also announced a £12bn affordable homes programme supporting up to 180,000 new affordable homes over the next eight years. New planning regulations will enable existing commercial properties, including newly vacant shops, to be converted into new homes. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/news/) said property development lenders were positive about the future and ready to offer builders a range of funding options from instant bridge finance to construction loans. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Business, Finance News, News, Planning News, Projects --- ### [Builders calls for LAs to speed up signing-off of planning conditions](https://www.hankzarihs.com/bridging-loan-builders-calls-planning/) **Published:** June 24, 2020 **Author:** Shiraz Khan **Content:** **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](https://www.builders.org.uk/news/)**, 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 this problem so that projects can be finished before temperatures drop and work grinds to a halt, again.” The statutory period for granting a planning condition is between three to eight weeks, however, many developers have been waiting for three months for a sign-off. ProductMax LTVUp to 50% LTV50.01 – 65.00% LTV65.01 – 75.00% LTVTerm & RepaymentArrangement Fee**Residential***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.43% pm0.53% pm0.60% pmMaximum term 24 months No minimum interest or ERCs Interest Fully Rolled Up, Part-Rolled Up or Serviced (subject to affordability) The net advance will be less total potential interest over the term with the gross loan calculated as interest for the entire term and the arrangement fee added.1% -1.5% Full fee added to the loan. **Semi Commercial***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.6% pm0.6% pm0.6% pm**Commercial***Including Light Refurbishment* Up to 70% Lower of PP or MV 0.75% pm**Residential***Heavy Refurbishment* Up to 75% Lower of PP or MV 0.60% pm0.65% pm0.7% pm**Commercial and Semi Commercial***Heavy Refurbishment* Up to 70% Lower of PP or MV 0.83% pm0.83% pm0.7% pm The NFB said councils should work with the industry to revisit how conditions are signed off. It said one possible solution would be for conditions to be discharged when they miss the statutory deadline. The industry has written to housing secretary Robert Jenrick calling for the problem to be resolved. A spokesperson for the ministry of housing, communities and local government, MHCLG, said it was looking into the matter. Earlier this week Mr Jenrick, himself at the centre of **[controversial](https://www.bbc.co.uk/news/uk-politics-53158002)** planning issue, said planning permissions about to expire during the lockdown had won a reprieve. Sites with an expiry date from the start of lockdown to the end of this year will have their consent extended to April 1, 2021. The government has calculated from March 23 to the end of this month 430 residential permissions providing 24,800 new homes would have expired. Planning permission usually expires after three years if work has not started on-site. powered by [Typeform](https://admin.typeform.com/signup?utm_campaign=SzJRkH&utm_source=typeform.com-01DY2KVM9D1PVD9BEMC0QQG2F9-professional&utm_medium=typeform&utm_content=typeform-embedded-poweredbytypeform&utm_term=EN) NFB chief executive Richard Beresford said: “Extending expiring planning permissions will secure jobs, give the supply chain certainty and ensure businesses still have a pipeline of work to deliver.” Nearly two-thirds of NFB´s housebuilding members are estimated to have at least one planning permission extended under the reprieve. The government has also given the planning inspectorate the ability to use more than one procedure – written representations, hearings and inquiries – at the same time when dealing with appeals. This approach was piloted last year and more than halved the time taken for appeal inquiries, from 47 weeks to 23 weeks. ## Bridging Loan by HZA Brokers **[Hank Zarihs Associates](https://www.hankzarihs.com/news/)** said property development lenders were keen to see the planning process speeded up as this would make it easier for SME housebuilders to develop more sites. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Bridging Finance Lenders, commercial bridgning loan UK, Development Finance Institutions, instant bridging finance --- ### [Major constructors´ output nearly back to normal](https://www.hankzarihs.com/bridging-finance-major-constructors/) **Published:** June 26, 2020 **Author:** Shiraz Khan **Content:** **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**](https://www.rics.org/uk/news-insight/latest-news/news-opinion/latest-estimate-of-tender-price-inflation-jun-2020/) 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. ProductMax LTVUp to 50% LTV50.01 – 65.00% LTV65.01 – 75.00% LTVTerm & RepaymentArrangement Fee**Residential***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.43% pm0.53% pm0.60% pmMaximum term 24 months No minimum interest or ERCs Interest Fully Rolled Up, Part-Rolled Up or Serviced (subject to affordability) The net advance will be less total potential interest over the term with the gross loan calculated as interest for the entire term and the arrangement fee added.1% -1.5% Full fee added to the loan. **Semi Commercial***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.6% pm0.6% pm0.6% pm**Commercial***Including Light Refurbishment* Up to 70% Lower of PP or MV 0.75% pm**Residential***Heavy Refurbishment* Up to 75% Lower of PP or MV 0.60% pm0.65% pm0.7% pm**Commercial and Semi Commercial***Heavy Refurbishment* Up to 70% Lower of PP or MV 0.83% pm0.83% pm0.7% pm “Well run contractors are prioritising critical activities and limiting the impact with private housebuilders sequencing overlapping trades to improve productivity,” said the panel. ## **New site operating rules in the pipeline** The industry hopes output will gain a further boost when the 2-metre social distancing rule changes to one metre from July 4. The Construction Leadership Council has said it plans to produce the fifth version of its site operating rules imminently. powered by [Typeform](https://admin.typeform.com/signup?utm_campaign=SzJRkH&utm_source=typeform.com-01DY2KVM9D1PVD9BEMC0QQG2F9-professional&utm_medium=typeform&utm_content=typeform-embedded-poweredbytypeform&utm_term=EN) ## Bridging Finance by HZA Brokers [**Hank Zarihs Associates**](https://www.hankzarihs.com/news/) said developers had shown great flexibility over the lockdown period fine-tuning their work practices and supply chain to optimise efficiency. The brokerage added that property development lenders were keen to support building projects with a range of finance packages. The BCIS all-in tender index price estimates for the second quarter show no change compared with January to March 2019. The index measures the trend of contractors’ pricing levels in accepted tenders at commit to construct. The 16-strong panel includes senior managers from a range of consultancies from Arcadis to Turner & Townsend. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects --- ### [First flatpack homes to be built in Bristol](https://www.hankzarihs.com/property-loans-flatpack-homes/) **Published:** June 29, 2020 **Author:** Shiraz Khan **Content:** **Property Loans News:-** Housing developer [**BoKlok**](https://www.boklok.co.uk/press/#/pressreleases/boklok-uk-achieves-planning-acceptance-on-first-uk-development-3016826) 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, and the Bristol housing festival to create quality, sustainable homes at a lower price. “We continue to work with the planning officers to ensure that the proposed cycleway is safe for pedestrians and cyclists as they travel alongside our development.” The scheme comprises 96 flats and 77 houses, predominantly one and two-bedroomed, in two-storey and four-storey blocks with 30 per cent earmarked as affordable housing. ProductMax LTVUp to 50% LTV50.01 – 65.00% LTV65.01 – 75.00% LTVTerm & RepaymentArrangement Fee**Residential***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.43% pm0.53% pm0.60% pmMaximum term 24 months No minimum interest or ERCs Interest Fully Rolled Up, Part-Rolled Up or Serviced (subject to affordability) The net advance will be less total potential interest over the term with the gross loan calculated as interest for the entire term and the arrangement fee added.1% -1.5% Full fee added to the loan. **Semi Commercial***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.6% pm0.6% pm0.6% pm**Commercial***Including Light Refurbishment* Up to 70% Lower of PP or MV 0.75% pm**Residential***Heavy Refurbishment* Up to 75% Lower of PP or MV 0.60% pm0.65% pm0.7% pm**Commercial and Semi Commercial***Heavy Refurbishment* Up to 70% Lower of PP or MV 0.83% pm0.83% pm0.7% pm Each home will have a shed to store a bike with a total of 368 cycle storage spaces across the development and 205 car parking spaces. ## **New development will be screened with trees** The open space along Airport road will be landscaped with 185 trees planted and a bridge over the nearby brook. There will be three children´s play areas and a 1.19 ha fenced off spot for reptile animals. The community infrastructure liability for the development is £1,094,066. The council entered a partnership with BoKlok last October to build new homes in the city over the next five years as part of the Bristol housing festival. powered by [Typeform](https://admin.typeform.com/signup?utm_campaign=SzJRkH&utm_source=typeform.com-01DY2KVM9D1PVD9BEMC0QQG2F9-professional&utm_medium=typeform&utm_content=typeform-embedded-poweredbytypeform&utm_term=EN) ## Property Loans by HZA Brokers [**Hank Zarihs Associates**](https://www.hankzarihs.com/news/) said the development was in a prime spot and was the type of scheme where property development lenders could offer a range of finance packages. Bristol´s population is expected to grow by 20 per cent within the next 20 years. The council has embarked on an accelerated housebuilding programme to deliver 9,175 new homes, including 1,619 affordable, by 2021. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Business, Finance News, News, Planning News, Projects --- ### [New £125m scheme to build 300 homes in East London takes shape](https://www.hankzarihs.com/bridging-loans-new-homes-east-london/) **Published:** June 15, 2020 **Author:** Shiraz Khan **Content:** **Bridging Loans News**:- Regenerating three parcels of land around Lea Bridge station in East London to build 300 new homes, community facilities and working space for businesses have moved a step closer. The London Borough of Waltham Forest has chosen developers London Square Partners and One Housing to deliver the project where half the homes will be affordable. Cabinet member for economic growth and housing development, Cllr Simon Miller, said: “This proposed development will bring much needed jobs and housing for local people as well as improving access to Lea bridge Station while also creating working space for local business and open space for residents to enjoy.” Nearly 300 jobs will be created on the construction site, with 15 percent filled by local people and more than £350,000 worth of work available for local sub-contractors. Employment and skills training will be offered, including four apprenticeships, jobs for unemployed young people, and five paid work placements. ProductMax LTVUp to 50% LTV50.01 – 65.00% LTV65.01 – 75.00% LTVTerm & RepaymentArrangement Fee**Residential***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.43% pm0.53% pm0.60% pmMaximum term 24 months No minimum interest or ERCs Interest Fully Rolled Up, Part-Rolled Up or Serviced (subject to affordability) The net advance will be less total potential interest over the term with the gross loan calculated as interest for the entire term and the arrangement fee added.1% -1.5% Full fee added to the loan. **Semi Commercial***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.6% pm0.6% pm0.6% pm**Commercial***Including Light Refurbishment* Up to 70% Lower of PP or MV 0.75% pm**Residential***Heavy Refurbishment* Up to 75% Lower of PP or MV 0.60% pm0.65% pm0.7% pm**Commercial and Semi Commercial***Heavy Refurbishment* Up to 70% Lower of PP or MV 0.83% pm0.83% pm0.7% pm [**London Square**](https://londonsquare.co.uk/company/people) chief executive Adam Lawrence, said:“This is a landmark scheme for the Lea Bridge area bringing new homes, backed by significant investment to provide support for local people through schools, jobs, training, cultural and community facilities.” A new entrance to Lea Bridge station will be built, plus 3000 sqm of space for a cultural hub for the local community, shops, offices and incubator space and support for start-up businesses. A public square with green space and trees will also be created on the site which lies at the junction of Orient Way and Argall Way and Lea Bridge Road. A programme of working with local schools to run breakfast and after school clubs, with counselling to tackle anti-social behaviour, is planned. powered by [Typeform](https://admin.typeform.com/signup?utm_campaign=SzJRkH&utm_source=typeform.com-01DY2KVM9D1PVD9BEMC0QQG2F9-professional&utm_medium=typeform&utm_content=typeform-embedded-poweredbytypeform&utm_term=EN) ## Bridging Loans by HZA Brokers **[Hank Zarihs Associates](https://www.hankzarihs.com/news/)** said the initiative was in a key spot, just seven miles north east of Charing Cross, with a train ride of less than 30 minutes into central London. The brokerage added that property development lenders were keen to offer a range of finance options for similar well-located developments. A planning application is expected to be submitted by at the end of 2020 with referral to the mayor of London for final approval. If the project gets the go-ahead work is likely to start next year for completion by 2023. Waltham Forest council´s local plan sets a target of 27,000 new homes over the next 15 years with more than half of these in strategic spots in the south of the borough such as Lea Bridge. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** best bridging loans, Bridge Finance London, Development Finance Institutions, property auction funding, property development lenders --- ### [Scotland extends help-to-buy as housebuilding starts again](https://www.hankzarihs.com/property-development-housebuilding/) **Published:** June 12, 2020 **Author:** Shiraz Khan **Content:** **Property Development News**:- More than 2,000 Scottish households will be able to buy new-build homes with the extension of the help-to-buy scheme to March 2022, claims the government. Scottish housing minister Kevin Stewart has pledged £55m for 2021-22, in a bid to help housebuilders recover business over the coming year. The news coincides with first minister Nicola Sturgeon´s announcement yesterday of a soft start to re-opening housebuilding sites on Monday, June 15. Mr Stewart said: “A strong and growing house-building industry is vital to Scotland’s future economic prosperity – and particularly as we plan our strategic economic recovery from Covid-19.” Housebuilding trade body **[Homes for Scotland](https://www.homesforscotland.com/)**, HfS, said the announcement hadn’t come a moment too soon. HfS chief executive Nicola Barclay said: “With pent-up housing demand having increased with every day that has passed, we look forward to finishing off the many homes that are already largely complete and that families are desperate to move into as well as starting to get the new homes that are so desperately needed out of the ground.” The trade body had actively campaigned they should be allowed to finish off some **[6,000 homes ](https://www.hankzarihs.com/instant-bridging-loans-housebuilders-press/)**which were virtually complete before Scotland´s lock-down on March 24. ProductMax LTVUp to 50% LTV50.01 – 65.00% LTV65.01 – 75.00% LTVTerm & RepaymentArrangement Fee**Residential***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.43% pm0.53% pm0.60% pmMaximum term 24 months No minimum interest or ERCs Interest Fully Rolled Up, Part-Rolled Up or Serviced (subject to affordability) The net advance will be less total potential interest over the term with the gross loan calculated as interest for the entire term and the arrangement fee added.1% -1.5% Full fee added to the loan. **Semi Commercial***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.6% pm0.6% pm0.6% pm**Commercial***Including Light Refurbishment* Up to 70% Lower of PP or MV 0.75% pm**Residential***Heavy Refurbishment* Up to 75% Lower of PP or MV 0.60% pm0.65% pm0.7% pm**Commercial and Semi Commercial***Heavy Refurbishment* Up to 70% Lower of PP or MV 0.83% pm0.83% pm0.7% pm “Having the extension of the help-to-buy scheme announced at the same time is also a much-required confidence booster for the housing market that will help ensure even more younger Scots can benefit from this hugely successful initiative and realise their aspirations of owning their own home,” added Ms Barclay. ## **Phased return of workers to housebuilding sites** Monday will mark the second stage of Scotland´s restart plan with workers following strict social distancing and hygiene controls. Mr Stewart stressed:“I must reiterate, however, that easing restrictions will not mean returning to how things were before the virus. powered by [Typeform](https://admin.typeform.com/signup?utm_campaign=SzJRkH&utm_source=typeform.com-01DY2KVM9D1PVD9BEMC0QQG2F9-professional&utm_medium=typeform&utm_content=typeform-embedded-poweredbytypeform&utm_term=EN) “Physical distancing, hand hygiene, and other critical behaviours will be essential in each area to ensure public and workforce confidence.” Ms Sturgeon said in yesterday´s briefing there was still “a long way to go” before construction would be back to normal. However, she added the government would review the situation on June 18th to see whether further restrictions could be lifted. She praised the construction industry and trade unions for their responsible approach over an “incredibly difficult” time. ## Property Development – Hank Zarihs Associates Brokers **[Hank Zarihs Associates](https://www.hankzarihs.com/)** said property development lenders were available to offer a range of finance packages to support developers north of the border to get back on track. Scotland began easing lock-down restrictions on May 29 when it said construction firms could prepare sites for re-opening as part of a six-phase route map back to work. Yesterday the government issued updated **[guidance](https://www.gov.scot/publications/coronavirus-covid-19-construction-sector-guidance/)** for the construction industry. Scotland´s **[help-to-buy](https://www.mygov.scot/help-to-buy/)** scheme focuses on more affordable housing with a maximum purchase price of £200,000 with £15m ring-fenced support for buying homes sold by smaller developers. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Bridging Finance Lenders, bridging loans london, commercial bridge loans, development finance institute, Development Funds --- ### [Plans for a £770m south London riverside development lodged](https://www.hankzarihs.com/commercial-loans-london-riverside/) **Published:** June 22, 2020 **Author:** Shiraz Khan **Content:** **Commercial Loans News:-** Plans to build 1,500 homes on Greenwich Peninsula have been submitted to Greenwich council by regeneration developer U+I. The mixed-use scheme lies on 19 acres of land to the south-west of the O2 Arena which was home to a large sweetener refinery and is one London´s last riverside sites available for regeneration. U+I chief development officer Richard Upton said: “This riverfront scheme will deliver a distinctive, green, mixed-use neighbourhood while driving growth and employment and delivering much-needed new homes to the area.” **[Morden Wharf](https://mordenwharf.com/)** is to include a four-acre landscaped park along the riverfront with views of the Old Royal Naval College and Royal Observatory. The initiative could also provide a permanent boathouse for the Queen´s row barge, the Gloriana. The scheme expected to generate hundreds of jobs with development and trading profits hoped to be £15-20m during the lifespan of the project. ProductMax LTVUp to 50% LTV50.01 – 65.00% LTV65.01 – 75.00% LTVTerm & RepaymentArrangement Fee**Residential***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.43% pm0.53% pm0.60% pmMaximum term 24 months No minimum interest or ERCs Interest Fully Rolled Up, Part-Rolled Up or Serviced (subject to affordability) The net advance will be less total potential interest over the term with the gross loan calculated as interest for the entire term and the arrangement fee added.1% -1.5% Full fee added to the loan. **Semi Commercial***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.6% pm0.6% pm0.6% pm**Commercial***Including Light Refurbishment* Up to 70% Lower of PP or MV 0.75% pm**Residential***Heavy Refurbishment* Up to 75% Lower of PP or MV 0.60% pm0.65% pm0.7% pm**Commercial and Semi Commercial***Heavy Refurbishment* Up to 70% Lower of PP or MV 0.83% pm0.83% pm0.7% pm ## **Design to reflect Greenwich´s industrial heritage** The Office for Metropolitan Architecture has designed the new homes to reflect the site´s industrial history in 11 tower blocks ranging from eight to 37 storeys. There is also a six-storey incubator office building at the back of the development. powered by [Typeform](https://admin.typeform.com/signup?utm_campaign=SzJRkH&utm_source=typeform.com-01DY2KVM9D1PVD9BEMC0QQG2F9-professional&utm_medium=typeform&utm_content=typeform-embedded-poweredbytypeform&utm_term=EN) More than a third of the 1,500 homes are to be affordable with a mixture of private sale, social rent and shared ownership. U+I is in discussions to bring the river bus service, Thames Clippers, to the area and will be making financial contributions to improve public transport through the planning process. The developer bought the site in March 2012 and expects Greenwich council to decide whether to approve the plans by the end of the year. ## Commercial Loans by HZA Brokers [**Hank Zarihs Associates**](https://www.hankzarihs.com/news/) said this is in a prime London spot and was just the type of project where property development lenders would be keen to get involved. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** best bridging loans, Bridge Finance Lenders, commercial bridge loans, instant bridging loans --- ### [First female government chief planner appointed](https://www.hankzarihs.com/property-funding-chief-planner/) **Published:** June 17, 2020 **Author:** Shiraz Khan **Content:** **Property Funding News:-** Joanna Averley will be the first woman chief planner when she joins the Ministry of Housing, Communities and Local Government in September. She is replacing Steven Quartermain who stepped down at the end of March after 12 years in the role. Housing minister Chris Pincher said on **[Twitter](https://twitter.com/ChrisPincher/status/1272871550673453059)**: “Joanna’s experience and fresh thinking will help to ensure the planning system delivers the homes we need, now and in the future.” Ms Averley said planners had a vital role for bringing in creative long-term thinking for bringing about a positive change. “We have many challenges to address over the coming months and years – how we meet the needs of our communities in delivering good quality homes and neighbourhoods, underpinning the economy and jobs, delivering sustainable patterns of growth, addressing the climate crisis and adapting to the realities of the pandemic and its consequences,” she said. ProductMax LTVUp to 50% LTV50.01 – 65.00% LTV65.01 – 75.00% LTVTerm & RepaymentArrangement Fee**Residential***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.43% pm0.53% pm0.60% pmMaximum term 24 months No minimum interest or ERCs Interest Fully Rolled Up, Part-Rolled Up or Serviced (subject to affordability) The net advance will be less total potential interest over the term with the gross loan calculated as interest for the entire term and the arrangement fee added.1% -1.5% Full fee added to the loan. **Semi Commercial***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.6% pm0.6% pm0.6% pm**Commercial***Including Light Refurbishment* Up to 70% Lower of PP or MV 0.75% pm**Residential***Heavy Refurbishment* Up to 75% Lower of PP or MV 0.60% pm0.65% pm0.7% pm**Commercial and Semi Commercial***Heavy Refurbishment* Up to 70% Lower of PP or MV 0.83% pm0.83% pm0.7% pm ## **New chief planner faces tough challenges** [**National Federation of Builders**](https://www.builders.org.uk/home/) chief executive Richard Beresford said the industry looked forward to working with Ms Averley who would need to hit the ground running. “We hope she is focused on tackling the uncertainty which plagues the planning process, as well as growing our communities in a sustainable and ambitious way, for example, on increasing the number of small and medium-sized sites.” powered by [Typeform](https://admin.typeform.com/signup?utm_campaign=SzJRkH&utm_source=typeform.com-01DY2KVM9D1PVD9BEMC0QQG2F9-professional&utm_medium=typeform&utm_content=typeform-embedded-poweredbytypeform&utm_term=EN) ## Property Funding by HZA Brokers [**Hank Zarihs Associates**](https://www.hankzarihs.com/news/) said both SME builders and property development lenders were keen to see a speedier and more cost-effective planning system. The brokerage added a new person at the helm was an opportunity to make this happen. Ms Averley has nearly 30 years´ experience as a town planner in local and central government and its agencies, as well as within the private and third sectors. Previously she was Transport for London´s strategic manager for growth and development of cross rail 2 – the line connecting the south-west London suburbs with those in the northeast. Other past jobs include Commission for Architecture and Built Environment deputy chief executive, Centre for Cities chief executive and Olympic Delivery Authority design director. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** best bridging finance, Bridge Finance Lenders, commercial bridgning loan, development finance institute --- ### [Nearly all large construction company sites back at work](https://www.hankzarihs.com/bridging-finance-large-construction/) **Published:** June 10, 2020 **Author:** Shiraz Khan **Content:** **Bridging Finance News**:-**Build UK** has reported 97 percent of its large contractor members have their construction and infrastructure sites operating – a four percent increase on a fortnight ago. Members with housing in their portfolios have confirmed 93 per cent of their house-building sites in England and Wales are now open. This is a 68 per cent increase on figures for last month with output rising to 78 per cent compared with 53 per cent a month ago. However, Covid-19 site operating procedures, which include social distancing, have impacted on productivity, although the trade body said this was improving. ProductMax LTVUp to 50% LTV50.01 – 65.00% LTV65.01 – 75.00% LTVTerm & RepaymentArrangement Fee**Residential***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.43% pm0.53% pm0.60% pmMaximum term 24 months No minimum interest or ERCs Interest Fully Rolled Up, Part-Rolled Up or Serviced (subject to affordability) The net advance will be less total potential interest over the term with the gross loan calculated as interest for the entire term and the arrangement fee added.1% -1.5% Full fee added to the loan. **Semi Commercial***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.6% pm0.6% pm0.6% pm**Commercial***Including Light Refurbishment* Up to 70% Lower of PP or MV 0.75% pm**Residential***Heavy Refurbishment* Up to 75% Lower of PP or MV 0.60% pm0.65% pm0.7% pm**Commercial and Semi Commercial***Heavy Refurbishment* Up to 70% Lower of PP or MV 0.83% pm0.83% pm0.7% pm Construction sites output has increased to 78 per cent compared with 74 per cent a few weeks ago and infrastructure sites are now achieving 89 per cent output compared with 85 per cent. ## **Scotland lags behind** The situation in Scotland falls far short of these figures, with just 21 per cent of projects running and output at 27 per cent. It´s hoped that tomorrow the Scottish government will start phase 2 of its Covid-19 route map which will spell out how sites might open for a ´soft start´. powered by [Typeform](https://admin.typeform.com/signup?utm_campaign=SzJRkH&utm_source=typeform.com-01DY2KVM9D1PVD9BEMC0QQG2F9-professional&utm_medium=typeform&utm_content=typeform-embedded-poweredbytypeform&utm_term=EN) Social housing organisations are urging the Scottish government to increase its 50,000 target of affordable new homes over the next five years to 53,000. Their report ***Affordable Housing Need in Scotland Post-2021*** says this would involve a capital investment of £3.4bn from 2021 to 2026. ## Bridging Finance by HZA Brokers **Hank Zarihs Associates** said property development lenders were open and ready for business to help builders operating north of the border get back into action. The Building Engineering Services Association has produced **guidance** for building owners, landlords and tenants on reactivating buildings safely as the nation moves out of lockdown. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Bridge Finance Uk, Bridging Loan london, development finance institute, property development lenders --- ### [New flats opposite Bakerloo line tube extension get the green light](https://www.hankzarihs.com/property-loans-flats-bakerloo/) **Published:** June 8, 2020 **Author:** Shiraz Khan **Content:** One hectare of disused land next to the planned new Bakerloo tube station off the Old Kent Road has gained approval for 565 new flats in a 38-storey tower block. Southwark council has granted a resolution for the mixed-use Devonshire Square development subject to referral to the Mayor of London´s office and a three-year time-limit to start work. The hybrid plans include 200 homes for social rent as well as 43,000 sq ft of commercial space for local businesses including light industrial use. Up to 4,771 sq m of the site will be dedicated to employment space, including flexible spaces to work, enterprise space, cafes with new shops. ProductMax LTVUp to 50% LTV50.01 – 65.00% LTV65.01 – 75.00% LTVTerm & RepaymentArrangement Fee**Residential***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.43% pm0.53% pm0.60% pmMaximum term 24 months No minimum interest or ERCs Interest Fully Rolled Up, Part-Rolled Up or Serviced (subject to affordability) The net advance will be less total potential interest over the term with the gross loan calculated as interest for the entire term and the arrangement fee added.1% -1.5% Full fee added to the loan. **Semi Commercial***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.6% pm0.6% pm0.6% pm**Commercial***Including Light Refurbishment* Up to 70% Lower of PP or MV 0.75% pm**Residential**[Heavy Refurbishment](https://www.hankzarihs.com/heavy-refurbishment-finance/) Up to 75% Lower of PP or MV 0.60% pm0.65% pm0.7% pm**Commercial and Semi Commercial***Heavy Refurbishment* Up to 70% Lower of PP or MV 0.83% pm0.83% pm0.7% pm Southwark council has said this will create a new high street for Old Kent Road and opportunity for new community facilities, such as doctors and dentists. ## **Bike and tube give scheme top-notch communication links** Nearly half the site, formerly home to a BP petrol station and HSS tool hire building, will offer high quality public open space including a new public square, extensive tree planting, road improvements and wider pavements. There will be two new green public spaces on Sylvan Grove including a new resident’s garden and over 2,000 sq m on-site child play space. The council says the scheme will offer space for food and plant growing for Devonshire Square residents with the possibility of a creation of a garden club. powered by [Typeform](https://admin.typeform.com/signup?utm_campaign=SzJRkH&utm_source=typeform.com-01DY2KVM9D1PVD9BEMC0QQG2F9-professional&utm_medium=typeform&utm_content=typeform-embedded-poweredbytypeform&utm_term=EN) The plans include space for new cycle lanes as part of a cycle superhighway along the Old Kent Road, safe areas to park cycles and provision for new bus stops. Shaw Corporation has acted as strategic advisors for freehold property owner Barkwest Limited and construction is expected to start in 2021. ## Property Loans by Hank Zarihs Associates [Financial brokers Hank Zarihs Associates](https://www.hankzarihs.com/) said [property development lenders](https://www.hankzarihs.com/development-finance/) were keen to offer construction loans for similar projects with excellent communication links to central London. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** 2nd charge bridging loan, construction loans london, Development Finance Institutions, property development lenders --- ### [London housing schemes win £309m in infrastructure loans](https://www.hankzarihs.com/development-lenders-housing-schemes/) **Published:** June 5, 2020 **Author:** Shiraz Khan **Content:** **Development Lenders News**:-Brent Cross, Silvertown and Barking Riverside development shave bagged £309m in **[Homes England](https://www.gov.uk/government/organisations/homes-england)** infrastructure loans towards building 20,000 new houses. The funding comes from the government´s £4.5bn Home Building Fund and is aimed at accelerating the delivery of new homes for the capital. Housing minister Christopher Pincher said: “Our commitment to get Britain building is central to the mission of this government. “This investment is a real statement of intent, delivering up to 20,000 homes, thousands of jobs, and putting in place the schools, retail and leisure spaces needed to form strong, vibrant communities.” ProductMax LTVUp to 50% LTV50.01 – 65.00% LTV65.01 – 75.00% LTVTerm & RepaymentArrangement Fee**Residential***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.43% pm0.53% pm0.60% pmMaximum term 24 months No minimum interest or ERCs Interest Fully Rolled Up, Part-Rolled Up or Serviced (subject to affordability) The net advance will be less total potential interest over the term with the gross loan calculated as interest for the entire term and the arrangement fee added.1% -1.5% Full fee added to the loan. **Semi Commercial***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.6% pm0.6% pm0.6% pm**Commercial***Including Light Refurbishment* Up to 70% Lower of PP or MV 0.75% pm**Residential***Heavy Refurbishment* Up to 75% Lower of PP or MV 0.60% pm0.65% pm0.7% pm**Commercial and Semi Commercial***Heavy Refurbishment* Up to 70% Lower of PP or MV 0.83% pm0.83% pm0.7% pm A £148m loan will enable **[BXS](https://brentcrosssouth.co.uk/)** LP, a partnership between Barnet Council and developer Argent Related, to fund the land and infrastructure works for 6,700 homes on a 180-acre brownfield site from the North Circular to Cricklewood Lane. The homes will be built four years faster than they would have been without the funding. The scheme will also deliver grade A office space and retail as well as leisure facilities, new schools, community facilities and new and improved parks, generating 25,000 new jobs. Joint chief executive of BXSLP André Gibbs said: “This loan will assist in funding the infrastructure required to deliver 6,700 new homes as well as 3 million square feet of state-of-the-art offices, support retail and public amenities. At this challenging time, it is a great boost to the project that will allow us to maintain momentum and to secure the earliest possible delivery of vital homes.” ## **East London gets a housing boost** In East London the Silvertown Partnership, an affiliate of Starwood Capital Group and Lendlease, will use a £105m debt facility for 3,000 new homes to be built at Silvertown Quays. The major 62-acre brownfield development in the Royal Docks, Newham, also has planning approval for office, retail and leisure space. Millennium Mills, a former mill and local landmark, will be brought back to life and a new pedestrian and cycle bridge across Royal Victoria Dock will link the site to Custom House Crossrail station. Homes England’s investment will also support the restoration of Millennium Mills and the dock walls, which had previously been a barrier to development of the scheme. powered by [Typeform](https://admin.typeform.com/signup?utm_campaign=SzJRkH&utm_source=typeform.com-01DY2KVM9D1PVD9BEMC0QQG2F9-professional&utm_medium=typeform&utm_content=typeform-embedded-poweredbytypeform&utm_term=EN) In suburban East London, a funding package worth £56m in infrastructure has been agreed for **[Barking Riverside](https://barkingriverside.london/)**. Challenging areas of the 179-acre development of over 10,000 new homes will be unlocked enabling an extra 1,000 to 2,000 homes to be built. The funds will also speed up the delivery of roads and social infrastructure. The plans also include 65,000 square metres of commercial and leisure space, as well as healthcare facilities, seven new schools, large public open spaces and a new London Overground station. ## Development Lenders – Hank Zarihs Associates Brokers **[Hank Zarihs Associates](https://www.hankzarihs.com/news/)** said property development lenders were keen to offer funding packages for similar schemes in prime London locations. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** best bridging loans, Commercial Bridging Loans, property development lenders, property development loans --- ### [Push back date for reverse charge VAT, builders urge](https://www.hankzarihs.com/bridging-finance-vat-builders-urge/) **Published:** June 1, 2020 **Author:** Shiraz Khan **Content:** A further one-year delay for the introduction of the controversial tax is being called for by the sector who have written to the chancellor Rishi Sunak calling for a reprieve. Reverse charge VAT was to have gone live in October last year but was pushed back to October 2020 following concerted industry lobbying.The new system means no-one in the supply chain can invoice for VAT and pass the money on later to HMRC every quarter. Only businesses contracted with an end-user or customer of the building can collect VAT. The Federation of Master Builders, **FMB**, has written to Mr Sunak asking for a re-think on the deadline as companies no longer have the capacity to prepare for the change. FMB chief executive Brian Berry said:“The corona virus has impacted on revenue and enquiries meaning local builders are having to rebalance the books. That reverse charge VAT will withdraw the flow of VAT money between these firms will further impact on cashflow, risking sending some firms to the wall. Delaying reverse charge VAT will aid economic recovery across the construction industry.” ProductMax LTVUp to 50% LTV50.01 – 65.00% LTV65.01 – 75.00% LTVTerm & RepaymentArrangement Fee**Residential***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.43% pm0.53% pm0.60% pmMaximum term 24 months No minimum interest or ERCs Interest Fully Rolled Up, Part-Rolled Up or Serviced (subject to affordability) The net advance will be less total potential interest over the term with the gross loan calculated as interest for the entire term and the arrangement fee added.1% -1.5% Full fee added to the loan. **Semi Commercial***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.6% pm0.6% pm0.6% pm**Commercial***Including Light Refurbishment* Up to 70% Lower of PP or MV 0.75% pm**Residential***Heavy Refurbishment* Up to 75% Lower of PP or MV 0.60% pm0.65% pm0.7% pm**Commercial and Semi Commercial***Heavy Refurbishment* Up to 70% Lower of PP or MV 0.83% pm0.83% pm0.7% pm ## **Support for a delay is widespread** The letter has also been signed by Build UK, the Builders Merchants Federation, the National Federation of Builders and the Construction Products Association. The FMB highlights that the government body, the Construction Leadership Council, co-chaired by the business and industry secretary Nadhim Zahawi, has also signed the letter. powered by [Typeform](https://admin.typeform.com/signup?utm_campaign=SzJRkH&utm_source=typeform.com-01DY2KVM9D1PVD9BEMC0QQG2F9-professional&utm_medium=typeform&utm_content=typeform-embedded-poweredbytypeform&utm_term=EN) A cross-industry survey in February 2020 found 39 percent of 1000 respondents still did not know about the introduction of reverse charge VAT.Nearly a halfsaid their accountancy software was not ready for the change. ## Bridging Finance by Hank Zarihs Associates Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said [development finance lenders](https://www.hankzarihs.com/development-finance/) supported the idea of a delay to the new tax arrangements to reduce the financial squeeze on SME housebuilders. The brokerage added that lenders on its panel were keen to offer a range of support options such as instant bridging finance to help developers. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Auction Property London, Bridging Finance Lenders, development finance institute, instant bridging finance --- ### [Scottish housebuilders press for full return to work](https://www.hankzarihs.com/instant-bridging-loans-housebuilders-press/) **Published:** May 22, 2020 **Author:** Shiraz Khan **Content:** **Instant Bridging Loans News**:- Homes for Scotland, HfS, has criticisedthe country’s first minister, Nicola Sturgeon’s lockdown route map which only allows for preparation of site works to re-open from May 28th. A possible ‘soft start’ of reduced hours on building sites could resume from Thursday if social distancing rules are followed. The trade body wants selling and buying of properties to resume and for its members to be allowed to finish off 6000 homes which are nearly complete. Chief executive Nicola Barclay said: “There is absolutely no mention of how or when they can be completed. With all these customers still stuck in limbo, they have been given no indication of when they can move on with their lives and government needs to urgently provide further clarity on this.” She added the homes only needed internal finishing touches which could easily be done safely. The trade body is frustrated Scotland’s **[route map](https://www.gov.scot/publications/coronavirus-covid-19-framework-decision-making-scotlands-route-map-through-out-crisis/)** out of lockdown simply talks about preparing for re-opening the housing market. **HfS** said there was “nothing now preventing” the safe re-opening of the housing market pointing to England’s decision to kick start the sector on May 15. ProductMax LTVUp to 50% LTV50.01 – 65.00% LTV65.01 – 75.00% LTVTerm & RepaymentArrangement Fee**Residential***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.43% pm0.53% pm0.60% pmMaximum term 24 months No minimum interest or ERCs Interest Fully Rolled Up, Part-Rolled Up or Serviced (subject to affordability) The net advance will be less total potential interest over the term with the gross loan calculated as interest for the entire term and the arrangement fee added.1% -1.5% Full fee added to the loan. **Semi Commercial***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.6% pm0.6% pm0.6% pm**Commercial***Including Light Refurbishment* Up to 70% Lower of PP or MV 0.75% pm**Residential***Heavy Refurbishment* Up to 75% Lower of PP or MV 0.60% pm0.65% pm0.7% pm**Commercial and Semi Commercial***Heavy Refurbishment* Up to 70% Lower of PP or MV 0.83% pm0.83% pm0.7% pm ## **Sale and purchase of homes should go-ahead** Ms Barclay said the construction industry had spent more than two months working on a safe return to work. “There is no reason to delay the start of a phased return beyond next Thursday. It is no exaggeration to say that to wait any longer could prove too late for many businesses and jobs.” powered by [Typeform](https://admin.typeform.com/signup?utm_campaign=SzJRkH&utm_source=typeform.com-01DY2KVM9D1PVD9BEMC0QQG2F9-professional&utm_medium=typeform&utm_content=typeform-embedded-poweredbytypeform&utm_term=EN) But Ms Sturgeon admitted the lockdown had caused “deepening inequalities and damage to the economy” but defended the country’s tough stance to protect public health. Ms Sturgeon said: “The construction industry will be able to carefully implement steps one and two of its six-step restart plan which it has developed with us. “However, let me be clear that there must be a genuine partnership with trade unions – this can only be done if it is done safely.” ## Instant Bridging Loans by HZA Brokers **[Hank Zarihs Associates](https://www.hankzarihs.com/news/)** said development finance lenders were keen to offer a range of finance packages including instant bridging for home builders north of the border. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Bridge Finance Lenders, Building Development Loan, development finance institute, instant bridging loans --- ### [Government policies aim to kick-start house building](https://www.hankzarihs.com/bridging-finance-government-policies/) **Published:** May 13, 2020 **Author:** Shiraz Khan **Content:** **Bridging Finance News:-** Construction sites are to open for longer so arrival times can be staggered and smaller developers can defer payments to local councils, the government has said. Housing secretary, Robert Jenrick, has released a series of measures to support house building including allowing councils to publicise applications using social media. He announced estate agents, conveyancers and removal firms could return to work providing they followed social distancing rules. Mr Jenrick said: “Our clear plan will enable people to move home safely, covering each aspect of the sales and letting process from viewings to removals.” Buyers and renters can complete purchases and view properties in person and show homes can also re-open providing social distancing is maintained. ## **New safety charter for sites** The government and Home Builders Federation, HBF, has announced a new **[charter](https://www.constructionleadershipcouncil.co.uk/news/site-operating-procedures-version-3-published/)** for safe re-opening of sites. [**HBF**](https://www.hbf.co.uk/) executive chairman, Stewart Baseley, said: “A resumption of work will play a major part in helping the economy recover as well as delivering the homes the country needs. ProductMax LTVUp to 50% LTV50.01 – 65.00% LTV65.01 – 75.00% LTVTerm & RepaymentArrangement Fee**Residential***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.43% pm0.53% pm0.60% pmMaximum term 24 months No minimum interest or ERCs Interest Fully Rolled Up, Part-Rolled Up or Serviced (subject to affordability) The net advance will be less total potential interest over the term with the gross loan calculated as interest for the entire term and the arrangement fee added.1% -1.5% Full fee added to the loan. **Semi Commercial***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.6% pm0.6% pm0.6% pm**Commercial***Including Light Refurbishment* Up to 70% Lower of PP or MV 0.75% pm**Residential***Heavy Refurbishment* Up to 75% Lower of PP or MV 0.60% pm0.65% pm0.7% pm**Commercial and Semi Commercial***Heavy Refurbishment* Up to 70% Lower of PP or MV 0.83% pm0.83% pm0.7% pm “It should also provide the supply chain with the confidence it needs to accelerate its own restart.” He described the charter as public evidence supporting the detailed protocols individual builders now have in place to ensure safe working on sites. Builders Merchants Federation chief executive John Newcomb said: “Over the past three weeks, since the publication of new branch operating guidelines, we have seen increasing numbers of merchants safely re-opening or expanding operations to support their trade customers. “Housebuilders structured return to site provides even more confidence within the supply chain, and provides further evidence of the construction industry’s determination to assist in the recovery of the UK economy.” Tradespeople including fitters can operate in homes, provided they do so in line with health [**guidance**](https://www.gov.uk/guidance/working-safely-during-coronavirus-covid-19/homes). ### Bridging Finance by HZA Brokers [**Hank Zarihs Associates**](https://www.hankzarihs.com/news/) said the new measures would make a big difference to developers particularly the news that house sales and buying could return to normal. powered by [Typeform](https://admin.typeform.com/signup?utm_campaign=SzJRkH&utm_source=typeform.com-01DY2KVM9D1PVD9BEMC0QQG2F9-professional&utm_medium=typeform&utm_content=typeform-embedded-poweredbytypeform&utm_term=EN) The brokerage added that development finance lenders were keen to support SME builders with a range of options including instant bridging finance. Since the lockdown more than 450,000 people have been unable to progress their plans to move house. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** Bridge Finance London, development finance institute, Development Finance Lenders, instant bridging finance --- ### [Home builders north of the border press government to re-open sites](https://www.hankzarihs.com/bridging-loan-home-builders-north/) **Published:** May 15, 2020 **Author:** Shiraz Khan **Content:** **Bridging Loan News**:- Scotland’s strict lockdown on building sites needs to be lifted to help meet housing supply and save jobs and businesses, urges a key trade body. Homes for Scotland, HFS, has written to the first minister, Nicola Sturgeon, requesting for a phased return to work to allow 6,000 largely completed homes worth £1bn to be finished. Among the 20 signatories are managing directors and chief executives of some of the UK’s largest housebuilders including Barratt Homes, Taylor Wimpey and Persimmon. HFS chief executive Nicola Barclay said: “The Scottish government’s recently announced short-term loan facility for SME home builders is welcomed and will provide a lifeline for many, but there is no escaping the fact that the long-term survival of all these businesses depends on their ability to get back on site and build homes, for both owner-occupation and rent.” She said a recent survey of HFS members showed three quarters believed they only had enough funds to sustain themselves for a further two to three months. ProductMax LTVUp to 50% LTV50.01 – 65.00% LTV65.01 – 75.00% LTVTerm & RepaymentArrangement Fee**Residential***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.43% pm0.53% pm0.60% pmMaximum term 24 months No minimum interest or ERCs Interest Fully Rolled Up, Part-Rolled Up or Serviced (subject to affordability) The net advance will be less total potential interest over the term with the gross loan calculated as interest for the entire term and the arrangement fee added.1% -1.5% Full fee added to the loan. **Semi Commercial***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.6% pm0.6% pm0.6% pm**Commercial***Including Light Refurbishment* Up to 70% Lower of PP or MV 0.75% pm**Residential***Heavy Refurbishment* Up to 75% Lower of PP or MV 0.60% pm0.65% pm0.7% pm**Commercial and Semi Commercial***Heavy Refurbishment* Up to 70% Lower of PP or MV 0.83% pm0.83% pm0.7% pm “As we see the first sets of figures being released about the financial impact of the lockdown, we can be sure that the full impact is still to be felt. Our industry contributes significantly to Scotland’s social and economic wellbeing and we are ready and willing to re-open safely with additional measures in place to help protect our employees and customers, while also supporting the struggling economy,” said Ms Barclay. ## **Re-opening of sites can be done safely** The **letter** sent to Ms Sturgeon points to the detailed procedures developed by industry to ensure that activity can be safely recommenced as soon as the green light is given. HFS has pointed out if the 6,000 homes, which are nearly finished, could be completed this would be a significant contribution to the country’s 50,000 affordable homes target by 2020-21. powered by [Typeform](https://admin.typeform.com/signup?utm_campaign=SzJRkH&utm_source=typeform.com-01DY2KVM9D1PVD9BEMC0QQG2F9-professional&utm_medium=typeform&utm_content=typeform-embedded-poweredbytypeform&utm_term=EN) Ms Sturgeon said on May 7th Scotland’s lockdown would be extended for another three weeks and only essential building repairs and work for the NHS and emergency services would be allowed. HFS said the practicalities for re-opening housebuilding sites had been fully addressed. It pointedto large companies in England using established and agreed safety policies which could be shared with its smaller home builder members. ### Bridging Loan by HZA Brokers **Hank Zarihs Associates** said development finance lenders were keen to offer instant bridging finance to builders north of the border. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** best bridging finance, development finance institute, Development Finance Lenders, instant bridging finance --- ### [Suppliers step up manufacture to plug gaps](https://www.hankzarihs.com/development-finance-suppliers/) **Published:** May 1, 2020 **Author:** Shiraz Khan **Content:** **Development Finance News:**– Plaster and plasterboard manufacture are increased to address current shortfalls experienced during the Covid-19 pandemic, suppliers have promised. The Builders Merchants Federation and Construction Products Association said they are working together to meet the needs of housebuilders, contractors and SME builders. BMF chief executive John Newcomb said his members were seeing no major supply issues except for plaster and plasterboard. “Manufacturing is now scheduled to increase to address this problem. We want to deal with potential issues in a proactive way, to ensure demand is met across the construction sector.” ProductMax LTVUp to 50% LTV50.01 – 65.00% LTV65.01 – 75.00% LTVTerm & RepaymentArrangement Fee**Residential***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.43% pm0.53% pm0.60% pmMaximum term 24 months No minimum interest or ERCs Interest Fully Rolled Up, Part-Rolled Up or Serviced (subject to affordability) The net advance will be less total potential interest over the term with the gross loan calculated as interest for the entire term and the arrangement fee added.1% -1.5% Full fee added to the loan. **Semi Commercial***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.6% pm0.6% pm0.6% pm**Commercial***Including Light Refurbishment* Up to 70% Lower of PP or MV 0.75% pm**Residential***Heavy Refurbishment* Up to 75% Lower of PP or MV 0.60% pm0.65% pm0.7% pm**Commercial and Semi Commercial***Heavy Refurbishment* Up to 70% Lower of PP or MV 0.83% pm0.83% pm0.7% pm CPA chief executive Peter Caplehorn said his organisation had been closely monitoring the operational status of its members. “They are looking for sustainable demand for their products before starting to phase in more factory production, whilst at the same time ensuring the health and well-being of their workforce.” ### **More merchants and suppliers come on stream** BMF surveys show in the last week there has been a seven per cent increase in the number of merchants open with the number of suppliers up by 10 per cent. powered by [Typeform](https://admin.typeform.com/signup?utm_campaign=SzJRkH&utm_source=typeform.com-01DY2KVM9D1PVD9BEMC0QQG2F9-professional&utm_medium=typeform&utm_content=typeform-embedded-poweredbytypeform&utm_term=EN) Currently, out of the 257 builders’ merchants on its **[records](https://www.bmf.org.uk/BMF/Information_Centre/COVID19-bulletins/Is-my-local-builders-merchant-open.aspx)**, 17 per cent are fully open and 50 per cent are partially open. The BMF also captures supplier [**details**](https://www.bmf.org.uk/BMF/Information_Centre/COVID19-bulletins/What-suppliers-are-still-open.aspx) showing 102 out of 131 suppliers, 78 per cent, are now open. ### Development Finance by HZA Brokers Hank Zarihs Associates said increasing the number of suppliers re-opening would help minimise housebuilding delays and was something [**development finance**](https://www.hankzarihs.com) lenders were happy to see. Barratts has joined the latest list of major housebuilders to announce phased re-opening of sites from May 11. It plans to open half of its 360 sites throughout the UK over the first phase but not in Scotland where stricter lockdown rules apply. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** best bridging loans, Construction Finance london, Development Finance Institutions, Development Finance Lenders --- ### [Building workers’ safety boosted with test access](https://www.hankzarihs.com/development-finance-building-workers/) **Published:** April 29, 2020 **Author:** Shiraz Khan **Content:** **Development Finance News**:- Construction workers are relieved the government has said they are eligible for Covid-19 testing as the sector continues to re-open more building sites. Health secretary Matt Hancock said at yesterday’s press briefing that anyone who needed to leave home to work and had symptoms should be tested. **“**This means construction workers to emergency plumbers, research scientists to those in manufacturing – can now be tested.” Unite assistant general secretary Gail Cartmail added: “This will significantly help prevent the spread of the virus on construction sites.” But she warned testing alone was insufficient and it was ‘imperative’ workers were able to stick to social distance rules of two metres apart. Earlier this month the government’s Construction Leadership Council watered down site operating guidance on the mandatory two-metre social distance rule to asking for it wherever “possible”. ProductMax LTVUp to 50% LTV50.01 – 65.00% LTV65.01 – 75.00% LTVTerm & RepaymentArrangement Fee**Residential***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.43% pm0.53% pm0.60% pmMaximum term 24 months No minimum interest or ERCs Interest Fully Rolled Up, Part-Rolled Up or Serviced (subject to affordability) The net advance will be less total potential interest over the term with the gross loan calculated as interest for the entire term and the arrangement fee added.1% -1.5% Full fee added to the loan. **Semi Commercial***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.6% pm0.6% pm0.6% pm**Commercial***Including Light Refurbishment* Up to 70% Lower of PP or MV 0.75% pm**Residential***Heavy Refurbishment* Up to 75% Lower of PP or MV 0.60% pm0.65% pm0.7% pm**Commercial and Semi Commercial***Heavy Refurbishment* Up to 70% Lower of PP or MV 0.83% pm0.83% pm0.7% pm Ms Cartmail added: “It is imperative construction workers are able to continually socially distance from when they leave home in the morning to when they return at night.” She called for the revised guidance to be withdrawn and for the Health and Safety Executive to insist on social distancing on sites at all times to reduce infection. powered by [Typeform](https://admin.typeform.com/signup?utm_campaign=SzJRkH&utm_source=typeform.com-01DY2KVM9D1PVD9BEMC0QQG2F9-professional&utm_medium=typeform&utm_content=typeform-embedded-poweredbytypeform&utm_term=EN) ## **Productivity on construction sites slumps by a third** [**Build UK**](https://twitter.com/BuildUKComms/status/1255398915513315328/photo/1) said social distancing had reduced productivity on construction and infrastructure sites to an average of 67 per cent. It added the problem was particularly acute in London with 56 per cent of output being achieved. A survey of the trade body’s 36 contractor members showed 46 per cent of housebuilding sites were now open. The government said tests can be arranged via self-referral or through employers accessing an online [**portal**](https://www.gov.uk/guidance/coronavirus-covid-19-getting-tested). It is expected to release a contact tracing app in the next three weeks to ensure anyone who has been close to a confirmed case of Covid-19 is isolated and checked. ### Development Finance by HZA Brokers [**Hank Zarihs Associates**](https://www.hankzarihs.com/news/) said development finance lenders expected more sites to open shortly and that testing and stringent operating controls should minimise site safety risks. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, Planning News, Projects **Tags:** best bridging finance, Bridge Finance Lenders, Construction Development Loan, Development Finance Institutions --- ### [Building safety at risk if apprenticeship standards are ‘dumbed down’](https://www.hankzarihs.com/building-safety-at-risk-if-apprenticeship-standards-are-dumbed-down/) **Published:** October 22, 2025 **Author:** Shiraz Khan **Content:** The construction industry has [written](https://www.bwf.org.uk/wp-content/uploads/Construction-Coalition-Letter-Apprenticeship-Reforms_Letter-to-the-Government_Final_20_10_2025.pdf) an open letter to the prime minister Sir Keir Starmercalling for a rethink on proposed apprenticeship reforms that they describe as a ‘race to the bottom’. More than 20 trade bodies including the Federation of Master Builders have signed a letter outlining concerns about reducing average apprentice ship times to eight months. They claim it could jeopardise the government’s target to build 1.5m new homes by 2029. British Woodworking Federation, BWF, chief executive Helen Hewitt said: “You need to know apprentices have been trained to correctly install life-saving critical products such as a staircase so that it doesn’t fall down.” She said the building industry was committed to improving skills, knowledge, experience and behaviors to avoid another Grenfell fire tragedy. Ms Hewitt explained that joinery apprentices, for example, would typically take 15 months to qualify for level 2 and would be tested on 70 key competencies. Under the reforms apprenticeships would be reduced to just eight months with a sampling of 30 to 40 per cent of the key competencies. “This is insufficient for an individual studying carpentry and joinery. For example, there are lots of different carpentry joints from dovetail to t-tail but if the assessors only look at competency for one then this is not enough.” **Sample testing would create inconsistencies** The reforms want each assessment organisation to select a smaller sample of criteria to assess and use that to infer the apprentices’ overall competence. “It is likely any form of sampling will create inconsistency across different assessment providers and stimulate a race to the bottom, as providers are incentivised to create lighter touch assessments to secure better pass rates and cost efficiencies,” said Ms Hewitt. She said that when the new assessment plan is released, it would not reflect employer and industry needs and this would undermine employer confidence resulting in fewer apprentices being taken on. The National Federation of Builders, NFB, which also signed the open letter, agreed that the proposals would mean SMEs would only know if a person was sufficiently skilled until they were hired. NFB policy and market insight head Rico Wojtulewicz said: “The quality of the assessment is paramount to support a learner’s career progress. In terms of competency, we won’t understand how ready new apprentices are until they are in the broader supply chain.” Brokers [Hank Zarihs Associates](http://www.hankzarihs.com), who specialise in organising development finance, said it was feared that SME developers would shy away from the risk of taking on apprentices. Ms HewittsaidSkills England had rushed the [consultation](https://www.gov.uk/government/consultations/regulatory-framework-for-apprenticeship-assessment)which started in late June and finished before the end of August ignoring industry feedback. “An effective consultation process should allow for formal discussion and the opportunity for all impacted stakeholders to provide feedback,” said Ms Hewitt. She added that BWF’s feedback had been sidelineddespite the organisation taking part as a pilot to test the new proposals. A spokesperson for the education department denied that apprenticeships would be reduced to an average of eight months and said this would only apply to individuals with prior work experience. They were unable to comment on sample testing competencies as they said they needed more time to respond. ***LinkedIn Question:** How confident would you be about taking on an apprentice whose key competencies have been sample tested?* ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Development Finance Lenders --- ### [Restaurant owners appreciate landlord’s advice to ‘pay employees’ instead of rent](https://www.hankzarihs.com/restaurant-owners-appreciate-landlords-advice-to-pay-employ-ees-instead-of-rent/) **Published:** September 10, 2020 **Author:** Shiraz Khan **Content:** Connor Kus at [Hank Zarihs](https://www.hankzarihs.com/) – In times like this deciding to close or change the way you do business might not be the best choice in the long run, Clay Young wanted to make it a bit easier for his tenants. His company has decided to put their money where their mouth is when it comes to helping tenants in this daunting time by “not expecting its restaurant tenants to pay April’s rent” City Wok, Main street Coffee, Eleanor’s Pizzeria, Roots, and The Parsonage are just some of the well-known restaurants which would have been affected. Clay Young – “Pay your employees and take care of your family. We will get through this together” instead of paying rent, uniting words from the owner of these properties. Karl Lowe – “This is a new experience for everyone,” said co-owner and executive chef at Roots “More people staying home means less money in the restaurants’ pockets, and that of their employees.” John Myers – “This past weekend, we saw a 60 percent cut in attendance in what we were bringing in revenue-wise,” said, co-owner and chef at The Parsonage. Karl Lowe -“I’ve been in this industry for 27 years and I’ve never seen anything like this,” Both he and Myers are heeding Young’s advice. John Myers – “Mr. Young doing that for us this month…that money goes straight to the employees,” Karl Lowe said, “We consider them family, we don’t consider them employees”. A month without having to pay rent would help any business but what will both businesses do next? John Myers – “That old story about the grasshopper and the ant, we have to be the ant now, We got to really plan and store and calculate everything that is happening and store it up.” Paula Lowe – “This is a crisis that the restaurant industry has never faced before,” said co-owner and executive chef at Roots. “There’s nothing that we can change. Every day is day-by-day.” Clay Young – “It was just the right thing to do” What have you done to help your fellow business? Advertising? Referrals? Maybe even a month’s free rent to your tenant? Comment below or if there’s something that someone could help you with? ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Auctions, Blog, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [London Site to Host 514 Flats](https://www.hankzarihs.com/former-london-hotel-and-pub-site-set-to-be-home-for-514-flats/) **Published:** September 4, 2020 **Author:** Shiraz Khan **Content:** The old master brewer´s hotel site in Hillingdon has taken a step closer to be being redeveloped to offer 514 new homes, following London mayor Sadiq Khan´s intervention. Mr. Khan approved the application in a public hearing yesterday, September 3, overturning the council´s decision in February rejecting Inland Homes plans for the six-acre site near Hillingdon Circus. Assembly members heard from planning officers the scheme would “make a significant contribution towards housing and affordable housing delivery targets”. It was also highlighted the developers, [Inland Homes](http://www.inlandhomesplc.com/) would make a £1.365m contribution to improving the bus service to future development. Inland Homes chief executive Stephen Wicks said: *“This is an important brownfield regeneration project which will help create over 500 new homes, ensuring a positive contribution to housing needs in the London borough of Hillingdon.* *“The scheme will benefit the natural environment surrounding the site, creating an attractive landscape. Inland Homes have a strong record of securing planning permission and delivering complex brownfield sites and we look forward to achieving full planning permission.”* More than a third of the new homes, 182, would be affordable and the development would range from between two to eleven stories. It would offer employment and 1,250sqm of commercial floor space as well as car and cycle parking. **New residents can get around without the car** A landscaped public square would be created in the south-western corner of the site with extra footpaths through the green belt land to the east. Inland Homes have agreed to contribute £539,000 towards ecology and landscaping to green belt land east of the site. The development is just 200 meters east of the Hillingdon tube offering access to central London in 35 minutes via the Metropolitan and Piccadilly lines. The site lies between the A40 Western Avenue and Freezeland and is near TfL bus routes to Ickenham, Uxbridge, and Oxford. It is also less than two miles away from the M40 motorway to Oxford and the Midlands. The scheme is close to a GP surgery, local schools, sports and recreation centers, and green open space. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said the project was the type of initiative property development lenders would be keen to [finance](https://www.hankzarihs.com/fast-bridging-finance/) with construction loans. The final decision over whether the project goes ahead rests with housing secretary Robert Jenrick who is expected to look at the application shortly. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Auctions, Blog, Business, Buying Property, Finance News, Investment, Marketing, News, Planning News, Projects --- ### [New homes should be built for all ages](https://www.hankzarihs.com/new-homes-should-be-built-for-all-ages/) **Published:** September 9, 2020 **Author:** Shiraz Khan **Content:** Homes with fewer steps, wider corridors and easier access for wheelchairs are being suggested in a consultation paper released yesterday. The government estimates the number of people in England over 85 will nearly double to 3 million by mid-2043. Housing secretary Robert Jenrick said: “It’s vital we start building more accessible housing for older and disabled people now. People are living longer lives and the proportion of older people in the population is increasing.” Currently, all new homes must meet minimum standards for entry access with level thresholds and door and corridor widths of a minimum measurement. Easy access to toilets and light controls are also required. [*Raising accessibility standards for new homes*](https://www.gov.uk/government/consultations/raising-accessibility-standards-for-new-homes) looks at five possible options one of which is increasing the minimum standards to M4 (2) building regulations. These require homes to offer better access to circulation spaces and bathrooms and which are easily adaptable for wheelchair use. **More spacious corridors could lead to lower densities on site** Many local councils already apply this standard, for example, the London plan has adopted it. However, this has thrown up profitability issues if building homes with wider corridors means fewer properties are built. “Planners need to strike an appropriate balance between requiring high standards in new housing on one hand, and the potential effect on the viability of developments on the other which may reduce the amount of new housing,” said the consultation document. The National Federation of Builders said it supported any move to make new homes better suited to older people with mobility problems providing the changes weren’t too prescriptive. [NFB](https://www.builders.org.uk/home/) housing and planning policy head Rico Wojtulewicz said: “The more homes that are accessible the better. We will be surveying all our members to identify any of their concerns about the proposals.” Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said [property development](https://www.hankzarihs.com/development-finance-hza/) lenders would like changes to consider economic factors for SME builders and give them flexibility. For example, this could include, building homes closer to site borders to maintain density levels. Consultation on *Raising accessibility standards for new homes* will close on December 1, 2020. Centre for Ageing Better research in February 2019, found nearly four quarters of 4,000 UK people polled agreed homes should be built to be suitable for people of all ages and abilities. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Auctions, Blog, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Judicial review to block enhanced permitted development rights](https://www.hankzarihs.com/judicial-review-to-block-enhanced-permitted-development-rights/) **Published:** August 28, 2020 **Author:** Shiraz Khan **Content:** A judicial review to stop new laws allowing developers to build homes on disused commercial sites without going through the planning process has been launched. Campaigning group Rights: Community: Action, [RCA](https://rightscommunityaction.co.uk/latest-news/our-legal-challenge-to-planning-reforms/), is challenging the use of statutory instruments to extend permitted development rights, PDR. Naomi Luhde-Thompson, the coordinator for RAC and a former Friends of the Earth planning and policy advisor, said: “The prime minister admits these are the biggest planning reforms since the Second World War, yet they’re being rushed through with scant regard for the previous consultation and in a period which excludes the input of MPs.” The [reforms](https://www.gov.uk/government/news/new-laws-to-extend-homes-upwards-and-revitalise-town-centres) were laid before parliament on July 21, a day before the summer recess, and will be a law on Monday, August 31, the day before parliament reconvenes. This will [allow](https://www.hankzarihs.com/trickier-sites-set-to-become-more-attractive-to-develop/) disused offices, shops or warehouses to be repurposed or demolished and new houses constructed and for up to two stories to be built above existing detached residential properties. Solicitors Leigh Day, acting for RAC, have issued the claim and an urgent interim order to delay the new rules on PDR until its legal challenge is resolved. Mr. Jenrick received a pre-action protocol letter calling for the statutory instruments to be paused until a strategic environmental assessment, impact assessments and a parliamentary debate occurs. “We believe these changes will have a phenomenally negative impact on the people and environment of towns and cities across England. That’s why we feel compelled to act so urgently,” said Ms. Luhde-Thompson. The action group argues the government has failed to take on board previous consultation responses and its own experts’ advice about the existing permitted development rights. In the government-commissioned report *[Living with Beauty](https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/861832/Living_with_beauty_BBBBC_report.pdf),* the authors said allowing offices to be turned into homes without planning permission had ‘inadvertently permission future slums’. **Small-sites’ register could have made a difference** The National Federation of Builders, NFB, said the government’s decision was in the wake of councils’ resistance to creating deliverable housing opportunities such as the small-sites register. NFB housing and planning policy head Rico Wojtulewicz said: “It’s ludicrous that we have so many buildings which have been standing empty for years and in some cases decades. “If you aren’t going to use the land opportunities within your communities you have to re-develop sites already there through measures such as extending permitted development rights.” Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said SME [developers](https://www.hankzarihs.com/development-finance-hza/) were keen to build on small brownfield sites and that the new PDR would have enabled this. The brokerage added this, in turn, would have unlocked property [development](https://www.hankzarihs.com/development-finance-hza/) [funding](https://www.hankzarihs.com/fast-bridging-finance/) for smaller builders. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Auctions, Blog, Business, Buying Property, Finance News, News, Planning News, Projects --- ### [Prefabs boosted by moves towards common warranty standards](https://www.hankzarihs.com/prefabs-boosted-by-moves-towards-common-warranty-standards/) **Published:** August 25, 2020 **Author:** Shiraz Khan **Content:** Warranty providers have agreed to work towards a shared standard for assessing homes built using modern methods of construction, MMC. A memorandum of understanding has been signed by warranty providers for a minimum standard for assessing homes. MMC working group chair Mark Farmer has described the announcement as a ´[milestone](https://twitter.com/MFarmer_Resi/status/1297840886928334849)´ for the sector and would make lenders more confident about these new housebuilding techniques. The memorandum has been signed by the National House Building Council (NHBC), insurers BLP LABC Warranty, and Premier Guarantee – a significant representation of the warranty market. “Greater collaboration and transparency in technical assessment and validation across the market will ensure we have the consistency of approach and can drive a more unified quality and standards-led approach to innovation,” said Mr. Farmer. Right now, warranty providers use different standards for assessing homes which makes it hard to gauge test parameters. **Standardized warranties will unlock funding** Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said that a common standard for warranties would make it easier for SME housebuilders to get [finance](https://www.hankzarihs.com/fast-bridging-finance/) for schemes using this type of technology. The government said industry research suggests prefabs have the potential to be more environmentally sustainable, reducing heating bills by up to 70 percent. MMC housebuilders are gradually gaining more traction with like Homes announcing in May it was opening new offices in London, Birmingham, and Bristol. Barratt [Developments](https://www.hankzarihs.com/development-finance-hza/), Crest Nicholson, and regeneration developer Urban Splash are among the major housebuilders currently using MMC. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Auctions, Blog, Business, Finance News, News, Planning News, Projects --- ### [Radical planning reforms set to be unveiled](https://www.hankzarihs.com/radical-planning-reforms-set-to-be-unveiled/) **Published:** August 3, 2020 **Author:** Shiraz Khan **Content:** A people-focused planning system where land will be zoned as ripe for development, or renewal, is to be unveiled later this week. Housing secretary Robert Jenrick wrote in yesterday’s *Sunday Telegraph* his reforms would offer a faster and simpler system to deliver the homes and places the country needs. Mr. Jenrick said the slow planning system was a barrier to building affordable homes and vital infrastructure. “Local building plans were supposed to help councils and their residents deliver more homes in their area, yet they take on average seven years to agree in the form of lengthy and absurdly complex documents and accompanying policies understandable only to the lawyers who feast upon every word,” he said. He highlighted it took an average of five years to get a standard housing development through the planning system. **Councils reject claims of being an obstacle to approvals** But the Local Government Association described the government´s suggestion that planning was a barrier to housebuilding as a ´myth´. LGA chairman, Cllr James Jamieson said: “Nine in ten planning applications are approved by councils, while more than a million homes given planning permission in the last decade have not yet been built.” Cllr Jamieson said it was vital for any reforms to offer residents the right protection to shape the area where they live. “This needs to be through a locally-led planning system which enables councils to deliver resilient, prosperous places that meet the needs of their communities.” Mr. Jenrick´s proposals mean land designated for growth would allow development for new homes, hospitals, schools shops, and offices. Renewal areas would have a ‘permission in principle’ approach to balance speed while ensuring appropriate checks were carried out. Protected land would include the green belt and areas of outstanding national beauty. “Our reforms seek a more diverse and competitive housing industry, in which smaller builders can thrive alongside the big players and where planning permissions are turned into homes faster than they are today,” said Mr. Jenrick. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said speeding up the planning process would make it easier for smaller SMEs to compete and that [property development lenders](https://www.hankzarihs.com/development-finance/) were keen to support this sector. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Business, Finance News, News, Planning News, Projects --- ### [Neighborhood planning in urban areas to get funding boost](https://www.hankzarihs.com/neighborhood-planning-in-urban-areas-to-get-funding-boost/) **Published:** August 10, 2020 **Author:** Shiraz Khan **Content:** Communities in inner-city and deprived areas are going to get a major cash injection of £18,000 for [neighbourhood planning](https://www.gov.uk/government/news/funding-boost-to-help-communities-plan-their-neighbourhoods). Housing secretary Robert Jenrick’s announcement follows criticism that government proposals to shake-up the planning [system](https://www.hankzarihs.com/smaller-builders-back-moves-for-a-quicker-planning-system/) will undermine democracy. The government also announced it is providing neighbourhoods access to free technical expertise for topics such as assessing their area’s housing needs or developing masterplans. Mr Jenrick said: “The government is overhauling the country’s outdated planning system to deliver the high-quality sustainable homes the country needs. “Under the new system, local communities will be in the driving seat deciding what is built and where.” The government believes that by harnessing technology through online maps and data, the whole system can be made more accessible to local communities. Urban areas are those which are not under a parish and a deprived area is in the bottom fifth of the Index of Multiple Deprivation. National Association of Local Councils chair, Cllr Sue Baxter, said: “This additional grant funding for disadvantaged communities is particularly welcome and will provide a vital extra boost to help hundreds of areas prepare a plan.” She said her organisation would encourage councils in qualifying areas to use the extra funding to get started on neighbourhood planning. Convener of Neighbourhood Planners London, Tony Burton said: “This will help put local communities on the front foot in planning the future of their areas.” **Neighbourhood planning overshadowed by government planning shake-up** Sheffield University urban studies and planning senior lecturer Andy Inch said while the additional funding was to be welcomed it was unclear how this squared with wider planning reforms. “These look to significantly weaken the already limited power communities have to influence development. There is a real tension between the government’s continued support of neighbourhood planning and the deregulatory approach implied by the creation of broad, centrally defined categories of land on which local input will be limited to largely aesthetic questions of design.” He added the government’s white paper neglected to tackle land options where big housebuilders pay landowners with sites on the fringes of settlements a fixed term to buy. The eventual sale price is usually agreed at a percentage of market value once planning consent is secured. Mr Inch argues this makes it harder for smaller builders to buy [land for development](https://www.hankzarihs.com/fast-bridging-finance/). He and other [planning](https://www.hankzarihs.com/news/planning-news/) experts have published [*The Wrong Answers to the Wrong Questions*](https://www.tcpa.org.uk/the-wrong-answers-to-the-wrong-questions) which claims the proposed [planning](https://www.hankzarihs.com/news/planning-news/) reforms will give more power to big developers. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) agreed that any reforms to the [planning system](https://www.hankzarihs.com/news/planning-news/) ought to make it easier for smaller builders to compete – something which [development finance](https://www.hankzarihs.com/development-finance-hza/) lenders would like to see. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Business, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Commercial mortgage guide info-graphic](https://www.hankzarihs.com/commercial-mortgage-info-graphic/) **Published:** July 29, 2020 **Author:** Shiraz Khan **Content:** **What is a commercial mortgage?** It’s a secured loan on non-residential property. It can be a mortgage for buy-to-lets, a loan to develop new housing or to purchase a warehouse, office, or shop. **Types of mortgages** 1. Commercial mortgages can be divided into two classes 2. Owner-occupier 3. This is to buy a property as your trading premises 4. Commercial investment mortgage 5. This is to buy a property to let out **When is it worth taking one?** If you are looking to expand your business, then taking out a mortgage to buy rather than rent your premises is a good investment. It protects you against rent rises and gives you the chance to borrow more when the value of your building rises. **What are the benefits?** 1. There are many positive reasons for taking out a commercial mortgage: 2. Releasing capital for the growth or investment of the business 3. Expanding trading 4. Buying new equipment 5. Saving on paying rent 6. Sub-letting or releasing part of the property to generate extra income 7. Consolidating debt **What are the key features of a commercial mortgage?** Loan terms can vary from five to 40 years, although generally, they are up to 25 years Interest rates are higher than residential mortgages but lower than a business loan Fixed rates can be set up, often for up to five years You usually need a deposit of at least 30 percent *What size businesses are most common in the UK?* *Graphic of head/pawns Mintel research, April 2019* **What you should consider?** This is a big financial commitment so it’s important you know what you want and what your lender expects. Can you afford the monthly payments and the deposit? Personal guarantees may be needed if your business is new Credit ratings will affect the level of interest you pay A broker can help you get the deal that works for you **How do I apply?** Consider employing a commercial broker who can source the right lender for you and deal with the application 1. Fill in an asset and liability form 2. Complete the commercial application form 3. Supply key details about your business 4. Valuation of the property 5. Lenders’ solicitors conduct due diligence 6. Successful applicants receive an offer from the lender **What paperwork do you need?** - Proof of identity - Profiles of all the directors and partners - Financial projections and a business plan - Three years of accounts or tax returns - Bank statements - Asset and liability statements - Lease and or tenancy agreements **What do you pay?** Typically, commercial mortgages are on a variable rate linked to the Bank of England base rate or LIBOR. However, fixed mortgages are available for sums below half a million pounds giving you the benefit of knowing exactly what your payments will be. The rates are not pre-set as in residential mortgages so what you pay depends on your businesses’ risk profile. **Eligibility and criteria** You will need to pass the lenders’ eligibility checks to qualify for a commercial mortgage. - Cash flow and any debts you owe to gauge the financial health of your business - Projected income to see if you can cover the cost of borrowing - Your ability to pay the deposit - Rental income may also be considered as this affects the business’ cash flow - General income, credit, and assets **What fees are involved?** 1. **Arrangement fees** Generally, these are added after a mortgage approval, although some lenders may ask for this upfront to cover the work involved if you don’t accept their offer. 2. **Valuation fees** A surveyor will visit the property and write a valuation for the lender. Generally, commercial valuations for simple cases are £500 and this is paid to the lender after you have accepted their initial indicative mortgage offer. 3. **Legal fees** You need to pay both your own legal fees as well as the lender’s which usually start at about £500 for each party. 4. **Broker fees** Brokers give you tailormade advice based on your situation and present your case to the lender. Their fee is usually 1% of the amount borrowed. **Other options** If a commercial mortgage isn’t right for you there are other alternatives. [**Bridging loans**](https://www.hankzarihs.com/fast-bridging-finance/) Secured finance for filling the gap between a debt falling due and the mainline of credit becoming available. It’s often useful if there’s a break in the chain for selling a property, for financing a house bought at auction or for light refurbishment. **Short-term loans** This type of finance is over a defined period from a few months to up to a year with a fixed interest rate. It works in a similar fashion to a personal loan and is usually unsecured. [**Development Finance**](https://www.hankzarihs.com/development-finance/) Borrowing this way enables you to buy a site to build new homes or convert existing properties. The amount lent usually relates to the gross development value of the project – what the property or refurbishment is worth once you’ve finished the work. **Shop around** Using a broker saves time and is a good way to ensure successful borrowing. [Hank Zarihs Associates](https://www.hankzarihs.com/) has a track record of sourcing tailormade funding at favorable terms even if you have been rejected before. The brokerage draws from a panel of 60 lenders including private banks, finance houses, and foreign investors to find the best possible deal. **The lowdown on commercial mortgages** There’s a lot to think about before deciding if a commercial mortgage will work for you. However, if you want to grow your business or buy your premises then it’s worth considering. This guide weighs up the pros and cons and gives you a no-nonsense insight into this type of borrowing. **Commercial mortgages** have a range of benefits. They are usually a cheaper way of borrowing than an unsecured business loan. If you use them to buy your offices or warehouse then you have the benefit of guarding yourself against future rent rises. Or you may wish to take out a commercial mortgage to upscale the offices or shop you already own. Either way, this guide will help you make the right choice. It also advises you on how to go about getting this type of mortgage as well as outlining other types of finance you could consider. We hope this guide will point you in the right direction and show you all the possible options for helping your business expand. If you have already applied for a commercial mortgage, or other types of [finance](https://www.hankzarihs.com/term-finance/), and been turned down don’t lose heart as lenders vary in their eligibility criteria. This is where an experienced broker can help target the right lender and ensure the application hits the mark. We hope this guide shows you what the options are, the benefits of this type of lending, and how to go about applying for a commercial mortgage in the best possible way. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** term-finance --- ### [Nottingham´s Boots Island set for £650m regeneration](https://www.hankzarihs.com/nottinghams-boots-island-set-for-650m-regeneration/) **Published:** July 28, 2020 **Author:** Shiraz Khan **Content:** A 40-acre disused site in Nottingham has moved a step closer to becoming one of the biggest city center regeneration schemes in the UK. Developer Conygar has submitted a detailed application for the first phase, named Canal Turn, of [The Island Quarter](https://www.theislandquarter.com/) to Nottingham City Council. Architects Jestico + Whiles have designed the new three-story 2,000 sqm pavilion to reflect the city’s industrial and railway heritage. “What we’re producing is something which looks as if it’s a legacy element that’s been left on the quayside of a working canal and will blend with that history while providing incredibly up to date and current facilities for the future,” said Jestico + Whiles director James Dilley. The first phase will include a bandstand and extensive improvements to the canal at the London Road end of the site. If the application gains approval Conygar hopes to start construction in spring next year. **New homes in the pipeline** The overall plans will bring new homes, grade A office space, creative spaces, a lifestyle hotel with 250 private flats, and a co-working space. A ‘linear’ park and 500 sqm of community and event space plus accommodation for 660 students are also proposed. Conygar Nottingham director Richard Watson, said: “The site will create a worldwide destination for Nottingham which will provide year-round interest and community facilities which can be used from dawn until dusk.” The city council bought the land with a sprawling and dilapidated warehouse off Boots back in 1994. The site lay in disuse for more than a quarter of a century despite earlier attempts to regenerate it. The council granted outline planning permission for Conygar’s proposed development back in April 2019. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said the fact the scheme was five minutes’ walk from the main railway station meant it was the type of project property development lenders find attractive. Conygar’s PR consultants Cartwright Communications has produced a [video](https://www.youtube.com/channel/UCMOYN50cGiE1W8XSZ2KRv2A/) showcasing the new scheme. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Business, Finance News, Planning News, Projects --- ### [West London’s cavalry barracks to be developed into 1000 new homes](https://www.hankzarihs.com/west-londons-cavalry-barracks-to-be-developed-into-1000-new-homes/) **Published:** August 24, 2020 **Author:** Shiraz Khan **Content:** Hounslow’s cavalry barracks have been bought by a major brownfield developer who hopes to gain permission to build 1000 new homes on the 37-acre site. [Inland Homes](https://inlandhomes.co.uk/) plc’s asset management division has entered into agreements with the ministry of defense, MoD, to build on the site which has a gross development value of £600m. Chief executive Stephen Wicks said: “It is a testament to our long and successful track record in brownfield development that our investors have the confidence to commit significant sums to these projects, particularly in the current challenging economic climate.” The deal is expected to be completed by August 2021 once the Irish Guards leave and relocate to Aldershot. Inland Homes will then submit a planning application to build 1000 homes. Hounslow council allocated the site for a major mixed-use development on July 9th. The council wants half of the new homes to be affordable and to be a wide mix of housing tenures. It would like the site to preserve its military heritage as well as offering new jobs, green spaces school places, health centers, and transport infrastructure for the wider locality. Council Leader Steve Curran said: “The future re-development of the cavalry barracks provides a significant opportunity to deliver new private and affordable housing, community facilities and most importantly, the protection and enhancement of the listed buildings and historic environment.” **The site’s military heritage is strong** The site is in a conservation area and includes 14 grade II listed buildings and 19 locally listed buildings with over 439 existing homes. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said [property development](https://www.hankzarihs.com/development-finance-hza/) lenders were keen to invest in Hounslow because of its proximity to Heathrow and the center of London. The current tube journey to Bond Street takes 35 minutes but will decrease to just 20 minutes once the new Crossrail line opens next year. The cavalry barracks transaction will be Inland Homes’ fifth one and largest to date with the MoD. The [developer](https://www.hankzarihs.com/development-finance-hza/) has six live projects in London that have the potential for over 2,700 homes together with employment opportunities. These include 583 homes in Walthamstow, 405 in Barking, 514 in Hillingdon, and 210 in Staines. Inland Homes plc is an AIM-listed specialist housebuilder and brownfield developer operating in the South and southeast principally for residentially led development schemes. The business enhances the land value by obtaining planning permission, before building open market and affordable homes or selling surplus consented land to other developers to generate cash. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Auctions, Blog, Business, Finance News, News, Planning News, Projects --- ### [John Lewis seeks collaborators to turn stores into homes](https://www.hankzarihs.com/john-lewis-seeks-collaborators-to-turn-stores-into-homes/) **Published:** July 31, 2020 **Author:** Shiraz Khan **Content:** One of the UK’s best-known retail brands has told partners it wants to convert empty shop space into mixed-use affordable homes. Housing is one of the four key areas the ailing retailer is exploring in the hope of recovering profits within the next five years. John Lewis chairman Sharon White outlined the chain’s strategic [review](https://www.johnlewispartnership.co.uk/media/press/y2020/progress-update-on-the-strategic-review.html), where becoming a predominantly online retailer was core. “Shops will always be crucial to the brand but they will be in support of online. Over the next five years we expect to rebalance our shop estate so that we have the right space in the right locations where people want to shop,” said Ms. White. Partners heard how shops would showcase products and John Lewis would become 60 percent online, compared with the current 40 percent before Covid-19. The partnership’s supermarket chain Waitrose would increase from 5 percent online to 20 percent. **Department stores into homes** Ms. White said: “As we repurpose and potentially reduce our shop estate, we want to put excess space to good social use. We are exploring with third parties the concept of new mixed-use affordable housing.” John Lewis has 50 shops and its supermarket chain Waitrose 337 retail outlets across the UK. Earlier in the month, it announced that it would not be opening eight of its shops following the easing of lockdown. New laws allowing developers to turn disused commercial properties into homes without gaining planning permission come into effect in September. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said lenders were ready to offer development and refurbishment [finance](https://www.hankzarihs.com/fast-bridging-finance/) to enterprises keen to harness the opportunities of transforming disused buildings. The mutual hopes its strategic review will pay off within the next year and that within five years it will see a recovery in profits. The retailer’s profits fell by 23 percent in 2019 to £123m – the third year of declining profits. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Business, Finance News, homecontanttop, News, Planning News, Projects --- ### [York’s multi-million regeneration scheme gets £77m boost](https://www.hankzarihs.com/yorks-multi-million-regeneration-scheme-gets-77m-boost/) **Published:** August 17, 2020 **Author:** Shiraz Khan **Content:** One of England’s largest brownfield regeneration projects York Central has gained government funding for a connecting bridge and access road moving the project a step closer to realization. Up to 3,705 homes and up to 1.2m sq ft of commercial development space is set to be built on 45 hectares of brownfield land near the city’s National Railway Museum. York City Council leader Cllr Keith Aspden said: “The funding is a vital step to unlocking a £1.16bn boost to our economy and delivering a new generation of better-paid jobs and hundreds of affordable homes, at a time when York needs it most. The scheme will also set new standards for sustainable living and clean growth, utilizing brownfield land in the heart of the city.” It is hoped the new homes will help meet the city’s housing needs and grow their economy by 20 percent. About 80 percent of the commercial space will be earmarked for A grade offices as well as enhancing the setting and access to the museum. Prime minister Boris Johnson has said York would be a front runner for the relocation of the House of Lords up north. A ‘reserved matters’ planning application for the first phase has already been submitted to the city council for a new main road entrance and a bridge over the East Coast mainline. New cycling and pedestrian routes and improved drainage to provide critical landscaping for the start of a new public park are also planned. York Central set to take nearly two decades to complete Homes England and Network Rail want to push forward preparations for the project, which gained outline planning permission last year, so work can start on site in 2021. It’s estimated the scheme could take between 15 to 20 years to complete. Homes England interim chair Simon Dudley said: “This investment is a clear signal of the government’s commitment to leveling up across the country by providing much-needed homes and employment space in York. The confirmation of funding provides that market with some much-needed certainty around a major strategic site at a time when it is planning ahead to recover from the pandemic.” Investment in the York Central project was first announced in the March 2020 budget and the city council and partners have put together a £155m funding package to kick start the project. York is set to benefit from the high-speed rail link, H2, with existing track connecting to the East Midlands hub. This means travel times to Birmingham would be more than halved taking just 57 minutes and London would be one hour and 24 minutes away. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said property [development lenders](https://www.hankzarihs.com/development-finance-hza/) were keen to back housebuilding in York because it’s an attractive place to live. Two years ago, the city, which has a population of just over 200,000, topped The Sunday Times best place to live because of its mix of heritage and high-tech. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Business, Buying Property, Fast Development Finance, Finance News, Investment, News, Planning News, Projects --- ### [Smaller builders back moves for a quicker planning system](https://www.hankzarihs.com/smaller-builders-back-moves-for-a-quicker-planning-system/) **Published:** August 6, 2020 **Author:** Shiraz Khan **Content:** SME developers are to take centre stage in the drive to build more beautiful new homes, the government has announced. It has said they would be key players in a zonal planning system outlined in a [white paper](https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/907245/MHCLG_PlanningConsultation.pdf) released today where land will be earmarked for development, renewal or protection. According to government figures, the proportion of new housebuilding by smaller builders is 12 per cent compared with 40 per cent 30 years ago. Housing secretary Robert Jenrick described the reforms as “once in a generation” and said they would lay the foundations for more homes for young people and better-quality neighbourhoods. “We will cut red tape, but not standards, placing higher regard on quality, design and the environment than ever before. Planning decisions will be simple and transparent, with local democracy at the heart of the process.” The *Planning for the Future* white paper wants to cut the current seven years to agree to local housing plans and five years for a standard residential development to 30 months. The government thinks this will help it reach its target of 300,000 new homes a year by the mid-2020s. The [Federation of Master Builders](https://www.fmb.org.uk/), FMB, backed the proposals, which it hopes will diversify the housing market. FMB chief executive Brian Berry said: “Local, small builders are ready and waiting to play their part in delivering the homes, jobs, and growth we need if we are to ‘build, build, build’ our way to recovery. “But the increasing complexities and costs of the planning system in England have held them back. Alongside struggles to access affordable land, 64 per cent of developing small builders cite the planning system as the biggest barrier they face.” The [National Federation of Builders](https://www.builders.org.uk/home/) said local planning authorities frequently bowed to campaigners not to build on smaller sites. NFB’s head of housing and planning Rico Wojtulewicz said this meant councils often allocated larger areas of land for housing which favoured big developers. “What this new consultation says is that this can already be allocated and now you can get smaller players delivering the homes. With local authorities saying they don’t have enough resources then maybe this makes their life easier,” said Mr Wojtulewicz in a *Talk Radio* interview this morning. **Reducing risk will open funding doors** Brokers [Hank Zarihs Associates](https://bit.ly/2Pwa9EI) said reducing planning risk uncertainty for smaller developers would encourage them to build more and would make it easier for them to gain [construction loans](https://www.hankzarihs.com/development-finance-hza/). However, the Town and Country Planning Association, TCPA, said while it was clear the system needed to change it was concerned the proposals would undermine local democracy. It said it was worried the reforms would fail to achieve the high-quality places the government wants and was weak on how planning can contribute to health and well-being. TCPA chief executive Fiona Howie said: “It also puts back the date for achieving zero carbons homes to beyond 2025. It seeks to abolish the much-criticised duty to cooperate but offers no framework for strategic planning to replace it.” The FMB said the reforms needed to maintain high-quality standards as this was what his members competed on rather than price. The government has said the proposals will include establishing local design codes which if met will automatically grant planning permissions. A new charge for [developer](https://www.hankzarihs.com/development-finance-hza/) contributions fixed as a proportion of the value of the housing scheme will replace section 106 agreements and the community infrastructure levy. The government also confirmed its first homes scheme would offer newly built homes at a 30 per cent discount for locals, key workers and first-time buyers. The UK purchasing managers’ index for construction output rose to 58 for July above the 50 no-change thresholds. The increase was the steepest expansion in work since October 2015 and was led by strong growth in housebuilding. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Auctions, Blog, Business, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Accreditation for new £2bn green retrofits launched](https://www.hankzarihs.com/accreditation-for-new-2bn-green-retrofits-launched/) **Published:** August 4, 2020 **Author:** Shiraz Khan **Content:** Builders must sign up for a government-backed seal of [approval](https://www.gov.uk/government/news/quality-assurance-at-heart-of-new-2-billion-green-homes-grants) to take part in the new £2bn green home retrofit grants going live at the end of September. It is hoped the initiative will generate 100,000 new jobs as over 600,000 households in England are expected to take up the vouchers, worth up to £5,000, to install insulation, heat pumps, draft proofing. The chancellor Rishi Sunak said: “This is a vital part of our plan for jobs as we secure the UK’s economic recovery from coronavirus. This is going to be a green recovery with concern for our environment at its heart. “It will help to protect and create jobs, while also saving people money and cutting carbon.” Tradespeople must register for [TrustMark](https://www.trustmark.org.uk/) or [Microgeneration Certification Scheme (MCS)](https://mcscertified.com/) to take part in the scheme. **Quality is paramount** TrustMark chief executive Simon Ayers said: “Consumer confidence is not only essential to the recovery of the UK’s economy, but also to the protection and creation of key jobs that will support the long-term delivery of quality green home improvements.” Consumers will be able to choose from approved tradespeople in their areas to carry out the work. Households on a low income can receive vouchers covering 100 percent of the cost of the improvements, up to a maximum of £10,000. It’s estimated insulation of walls, floors, and roofs, low-carbon heating, such as heat pumps or solar thermal could help families save up to £600 a year on their energy bills. Federation of Master Builders chief executive Brian Berry said the [green homes grants](https://www.hankzarihs.com/energy-efficiency-vouchers-get-building-industrys-thumbs-up/) would be a boost for the building industry. “The vouchers will be a significant benefit to households wanting to make their homes more energy-efficient and reduce their bills, whilst providing much-needed work for accredited installers at this difficult time.” Later this month, homeowners will be able to access advice on improving energy efficiency from the [Simple Energy Advice (SEA) service](https://www.simpleenergyadvice.org.uk/). SEA will suggest appropriate home improvements that qualify for funding support. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said property development lenders could offer a range of finance packages to support builders keen to expand into green refurbishments. A report by the Energy Efficiency Infrastructure Group suggests decarbonizing the UK’s housing stock could create around 100,000 jobs annually over the next decade. Housing secretary Robert Jenrick announced nearly [£1.3 bn investment](https://www.gov.uk/government/news/1-3-billion-investment-to-deliver-homes-infrastructure-and-jobs) in infrastructure for over 300 shovel-ready projects today. Successful schemes include £23m for phase 1 of the development of commercial space at Mayfield Park in Greater Manchester and £12m to support a new high-speed railway station in Thanet, Kent. Nearly £15 m was earmarked for the National Brownfield Land Institute aimed at supporting sustainable construction. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Business, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Trickier sites set to become more attractive to develop](https://www.hankzarihs.com/trickier-sites-set-to-become-more-attractive-to-develop/) **Published:** July 21, 2020 **Author:** Shiraz Khan **Content:** Developers will be able to build homes on disused commercial and retail sites without going through the full planning process from September. The government announced new [legislation](https://www.gov.uk/government/news/new-laws-to-extend-homes-upwards-and-revitalise-town-centres) to extend permitted development rights for commercial buildings to be knocked down and replaced with homes without submitting a planning application. The new rules would also allow for empty commercial and retail properties to be turned into houses and for homeowners to add two storeys to their properties to create more homes or living space. Housing secretary Robert Jenrick hopes this will help revive high streets and town centres blighted by empty commercial buildings. He said: “We are reforming the planning system and cutting out unnecessary bureaucracy to give small business owners the freedom they need to adapt and evolve, and to renew our town centres with new enterprises and more housing. “These changes will help transform boarded up, unused buildings safely into high-quality homes at the heart of their communities.” The [National Federation of Builders](https://www.builders.org.uk/home/) head of housing and planning policy Rico Wojtulewicz said the changes would make a difference. “It will certainly increase opportunities for smaller builders but due to the cost of these sites, which is predicted to increase, it may prove more difficult for them to access.” Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/news/) said it would make it easier for property development lenders to finance scheme at the outset rather than waiting until planning is secured. **Quality standards need to be maintained** Mr Wojtulewicz warned the government to be vigilant to avoid repeating earlier mistakes where permitted development rights allowed offices to be converted into housing. “There’s definitely a danger that the quality of these developments will not be great and we, therefore, need the government to keep an eye on how permitted development is used. We do not want a repeat of the last three years, which saw far too many tiny, windowless conversions delivered.” A government-commissioned UCL and Liverpool University [study](https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/902220/Research_report_quality_PDR_homes.pdf) out today on the standard of permitted development rights homes revealed mixed results. Researchers discovered less than a quarter of homes, 22 per cent, were in line with national space standards and 72 per cent of homes had only single aspect windows. “It is the combination of very small internal space standards, a poor mix of unit types, lack of access to private amenity space or outdoor space, and inadequate natural light which can provide such a poor residential experience in some permitted development units,” noted the researchers. The government, however, argues the new measures will reduce pressure to build on greenfield sites delivering more homes that fit the character of a local area. The new laws follow hard on the heels of recent legislation allowing blocks of flats to be extended two stories upwards for new homes without planning permission from August 1st. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Business, Finance News, News, Planning News, Projects --- ### [Housebuilders call for a better Scottish planning system](https://www.hankzarihs.com/housebuilders-call-for-a-better-scottish-planning-system/) **Published:** July 22, 2020 **Author:** Shiraz Khan **Content:** Developers north of the border have slammed Scotland’s poor performance over planning decisions for the six months from October last year to March 2020. The latest stats show decision times for applications of more than 50 homes rising to 37.5 weeks – two weeks longer than the previous year and more than double the 16-week statutory timescale. Decision time for smaller applications also increased from 9.1 weeks in the previous year to 9.2 weeks despite an 11.5 percent drop in the number of applications. Housebuilding trade body Homes for Scotland, HfS, planning director Tammy Swift-Adams said: “This is concerning given that these small developments are, by nature, the lifeblood of SME home building businesses – a sector supported by Scottish government loan funding during the crisis, but also needing local government support if it is to thrive”. The Scottish government is currently deciding whether to up planning application fees which Ms. Swift-Adams argues should not happen given the current service. There are also concerns about the Scottish government’s proposal to modify ‘presumption in favor’ for applications in areas where there is a housing shortage. LA development plans to take priority The government wants local authority policies to take precedence so proposals to build in housing shortage areas are a ‘material consideration’ but won’t override the development plan. “Scottish families and communities don’t need housing land. They want real homes to live in, and more of them,” said Ms. Swift-Adams. “That requires a better functioning system and policy that encourages local planning authorities to ensure the sites they choose for housing development can and will be delivered.” HfS would like local councils to work closely with homebuilders to deliver more housing given the housing market’s encouraging signs post lockdown. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said [property development lenders](https://www.hankzarihs.com/) were keen to offer to fund for new schemes in Edinburgh and Glasgow where there was a high housing demand. The Scottish government announced last week, July 15, that the building industry could move to close working on sites providing workers had appropriate personal protection equipment. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Business, Finance News, News, Planning News, Projects --- ### [These estates are made for walking, urge NHS design guidelines](https://www.hankzarihs.com/these-estates-are-made-for-walking-urge-nhs-design-guidelines/) **Published:** July 23, 2020 **Author:** Shiraz Khan **Content:** New residential schemes encouraging people to exercise are at the heart of design guidelines backed by government housing accelerator [Homes England](https://www.gov.uk/government/organisations/homes-england). [*Building for a Healthy Life*](http://tracking.vuelio.co.uk/tracking/click?d=bmsf9UIpD5eis2tejyMU9pt5Y_IeKqs9DDi2iGzonNPjyJ2wStMRQzYXU_CXDYUVwp_erlgMejvubXt3vipFgvKC93wwa3BccbELyTjnTHIVrJdJXIJiMTa9Qjl3gg5kV1TTKutvWpWEt-5aKDVViba3_fB1JNED7QalwQge9ejN0) covers the priorities for fitter stronger communities through travelling on foot or by bike or public transport and improving air quality by cutting emissions. Co-author and [Design for Homes](https://www.designforhomes.org/) chief executive David Birkbeck said: “A lot of developments don’t come with useable footways or if they do you get to a major road and it’s then intimidating.” He said the new guidelines would look at how footways would connect to existing development and lead to town centres. NHS England commissioned the new guidelines – an extension of the *Building for Life 12* ones which Homes England requires developers to use as part of the tender process. “Its general focus has not changed significantly, other than to promote the idea of walking and cycling more short journeys. But the use of images helps explain the desired for outcomes and help everybody identify shared objectives,” said Mr Birkbeck. The new guidelines use the same 12-point structure, with examples of good practice signposted as a green light and bad practice as a red light. The authors have said the guidance is intended to prompt discussion rather be a tick-box exercise. **New guidelines open the door to better biodiversity** Nearly a half of local authorities have adopted *Building for Life 12* into their local plans and it’s hoped they will switch from the existing guidelines to the new ones. Homes England board member and director of the architecture firm, dRMM Sadie Morgan said: “The new design guidance is a big step forward in supporting placemaking for healthier, more integrated communities where people want to live and spend time together.” Mr Birkbeck said the guidelines would help developers show biodiversity gain in planning applications which they must do when the environment act becomes law later this year. Trees, hedgerows and general greening of the built environment with water features are regarded as some of the best ways to achieve this. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/news/) said property development lenders saw the new guidelines and the free design consultancy advice as particularly helpful for smaller SME builders. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Business, Finance News, News, Planning News, Projects --- ### [King´s Lynn set to get 600 new homes](https://www.hankzarihs.com/kings-lynn-set-to-get-600-new-homes/) **Published:** July 15, 2020 **Author:** Shiraz Khan **Content:** Plans to build 600 homes close to a medieval castle on the outskirts of King´s Lynn have been given the go-ahead. Housing secretary Robert Jenrick has supported the planning inspectorate´s decision to allow the scheme at Knights Hill, between the A149 and Grimston Road. Mr. Jenrick said this was because it would help with the area´s five-year housing supply targets. He agreed with the inspector´s view that ´this was a matter of significant importance considering the 2019 housing delivery test results were below 85 percent.´ His announcement follows a four-day public inquiry in January into Whistle Wood & Reffley Wood Ltd´s outline application after West Norfolk borough council´s had rejected the scheme. Objections to the plans were based on the extra traffic the development would generate and its proximity to a grade one listed castle at Castle Rising. **Housing scheme won´t spoil surrounding area** The scheme also involves the loss of some agricultural land but the inspectorate said the harm would be limited due to ´intervening open space, and that the listed building would retain its isolated, rural and open setting´. Around 20 percent of the homes on the 35.3 ha site is to be affordable with the buildings no higher than two stories. A local community center, sports pitches, cycle, and pedestrian paths and a car park for Reffley Woods would also be created. The developers will contribute financially to improving the nearby doctor´s surgery as well as the nearby nature conservation sites. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said King´s Lynn was a desirable part of Norfolk with it´s proximity to Cambridge making it an attractive place to live and work. Chief executive, Shiraz Khan, said lenders were keen to offer [construction loans to builders](https://www.hankzarihs.com/) developing in the area. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Business, Finance News, News, Planning News, Projects --- ### [Ireland´s housebuilding set to expand](https://www.hankzarihs.com/irelands-housebuilding-set-to-expand/) **Published:** July 13, 2020 **Author:** Shiraz Khan **Content:** Housebuilding in Ireland is bouncing back with the purchasing managers´ [index](https://www.markiteconomics.com/Public/Home/PressRelease/17aac66d99664178a0c4bba5527733b7) posting a buoyant 55.8 for June. The figure was a ten-month high for the sector – well above the 50 breakeven level and a sharp improvement on May´s reading of 21.4. Ulster Bank chief economist Simon Barry said: “Overall, the June index is an encouraging sign that the construction sector is now more clearly in recovery mode following the easing of restrictions which took hold during May.” The headline figure of 51.9 compared with May´s 19.9 revealed an improvement in activity across commercial and civil engineering too. This mirrored the UK´s purchasing managers´ index of 55.3 for June compared with 28.9 in May. New orders and employment indices in June recorded a sharp improvement at 46 and 43.3 compared with April´s low of 10.1 and 22.6. **The future looks bright** “We wouldn’t be surprised if these indicators return to outright expansion in the months ahead as confidence among construction firms about the coming year also continues to rise.” Firms reported a positive year ahead outlook for the first time in four months as over 39 per cent of respondents expect higher output levels in the coming 12 months. “A notable improvement from the recent low point in March when activity expansion was expected by fewer than 17 per cent of firms,” said Mr. Barry. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/news/) said property development lenders were positive about new build schemes in Ireland and keen to offer a range of finance packages for builders. Ulster Bank said the latest data pointed to a stabilization of purchasing, with input buying unchanged following three consecutive months of decline. The restart of projects reportedly led some firms to expand their input buying, although most reported lowering staff levels amid low workloads. Supply chain issues due the pandemic have led to shortages of some materials. Reduced capacity of some sellers and delays in UK deliveries has meant lengthening delivery times. Input costs also rose sharply with inflation accelerating from May´s figures. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Business, Finance News, News, Planning News, Projects --- ### [Extend help-to-buy deadline, urge builders](https://www.hankzarihs.com/extend-help-to-buy-deadline-urge-builders/) **Published:** July 9, 2020 **Author:** Shiraz Khan **Content:** **Housebuilders are calling on the government to push back the deadline for help-to-buy in the wake of the Covid-19 lockdown.** **They said while the chancellor Rishi Sunak´s changes in stamp duty would help the market in the short-term a key stimulus to get things going would be ease of getting a loan.** **Redrow chief executive Matthew Pratt told *Construction Index: “*Despite the home building industry coming to a standstill for the best part of the last three months, the help-to-buy clock has kept ticking towards the deadline. “Thousands of potential homeowners across the country will now lose out through no fault of their own and that can’t be right.” **KPMG**UK head of infrastructure, building and constructionJan Crosby said the housing market had already picked up since May 13 when sales were allowed again due to pent up demand. “The stamp duty cut may therefore not have been needed. More important is providing longer-term clarity on help-to-buy, unlocking funding for SME housebuilders to play their part and accelerating the provision of affordably priced key worker family accommodation across the country.” **Rising unemployment will see LTVs reduce** Finance experts have said while raising the stamp duty threshold to £500,000 looks good in theory potential homeowners could struggle toget loans. It´s expected lenders will want higher deposits to protect themselves against falling values with unemployment set to rise. The ministry of housing, communities and local government said it was too early to comment on whether the current **help-to-buy loan scheme could be extended.** **Brokers** [Hank Zarihs Associates](https://www.hankzarihs.com/news/) **said the help to buy equity loans had proved instrumental in creating demand for new properties and an extension was something property development lenders wanted.** **The current scheme is set to finish at the end of March 2023 with a more targeted initiative slated for April 2021. The new scheme will be restricted to first-time buyers and will include regional property price caps. Under help-to-buy the government lends buyers 20 per cent for properties in England and up to 40 per cent of the cost of new build homes in greater London up to the value of** £600,000. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Business, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Developers key for changing mindsets about green buildings, reveals new report](https://www.hankzarihs.com/developers-key-for-changing-mindsets-about-green-buildings-reveals-new-report/) **Published:** November 30, 2020 **Author:** Shiraz Khan **Content:** Market expectations and perceived building standards are holding back the country’s progress to construct net-zero buildings, according to the UK Green Building Council, UKGBC. The organization would like to see [developers](https://www.hankzarihs.com/development-finance-hza/) adjusting investor and owner-occupier expectations about green buildings and this should be set out early in a [development’s](https://www.hankzarihs.com/development-finance-hza/) narrative. It said often buildings were completely fitted out to maximize appeal during the leasing stage resulting in over-provision and waste as typically incoming occupiers removing final fit-outs. UKGBC head of business transformation Alastair Mant said: “Achieving the necessary reductions in embodied and operational carbon requires large scale changes to how buildings are designed, constructed, and operated. There are many barriers along the way and we must work quickly to identify them and the corresponding opportunities to overcome them.” **Green buildings need airtight recognition** Other hurdles include the lack of a recognized certification scheme to verify a building is net-zero, although several unofficial quality standards schemes exist. “Without this, [developers](https://www.hankzarihs.com/development-finance-hza/) and owners can be reluctant to invest in delivering a net-zero building as they feel it will not be recognized within the market and, therefore, achieve enhanced value,” said the authors of UKBC’s latest [guidance](https://www.ukgbc.org/wp-content/uploads/2020/11/Delivery-Guidance-Report-Exec-Summary.pdf). Another pressure for [developers ](https://www.hankzarihs.com/development-finance-hza/)is to meet completion deadlines for projects. The UKGBC said this can lead to the final stages being rushed resulting in carbon inefficiency. It would like to see time allocated beyond the finish date for testing of heating and ventilation systems and airtightness checks. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said [property development lenders](https://www.hankzarihs.com/development-finance-hza/) want a nationally recognized verification system of green buildings like Australia’s rating scheme launched this year. Both Sir Robert McAlpine and Landsec announced earlier this year their intention to become net-zero carbon [developers](https://www.hankzarihs.com/development-finance-hza/) significantly ahead of the national 2050 target. McAlpine plans to achieve this status within the next five years and Landsec within the decade. The latter is currently planning to build the UK’s first net-zero carbon commercial building in Southwark, south London. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [New help to buy scheme launches next month](https://www.hankzarihs.com/new-help-to-buy-scheme-launches-next-month/) **Published:** November 23, 2020 **Author:** Shiraz Khan **Content:** First-time buyers can apply for the new equity loan scheme from the middle of next month, Homes England has announced. The new scheme goes live next year and will last until 2023 and this time is solely for first-time buyers. Housebuilders have entered contracts for the new scheme and are already marketing their new builds. Eligible buyers will be able to reserve their homes from mid-December and get the keys to move in from April 1, 2021. Homes England help-to-buy director Will German said: “We’re pleased we can help homebuyers with smaller deposits to own a home, at a time where there are fewer options open to them. “Housing, like most sectors, has experienced a slowdown during the Covid-crisis. But help-to-buy continues to give homebuilders the confidence to keep on building at a more crucial time than ever.” **New help-to-buy aims to drive up standards** Homebuilders selling under the new scheme must meet more stringent quality conditions. They have to follow the homebuilders’ consumer code, the new home’s ombudsman, and the building safety charter. They must also display their Home Builders Federation star ratings when they advertise homes and give buyers a new home warranty before they complete their purchase. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said a better-targeted scheme where quality standards were raised was something property [development](https://www.hankzarihs.com/development-finance-hza/) lenders were keen to see. The new scheme is set at 1.5 times the average first-time buyer price in different regions in England to ensure the value of such properties isn’t inflated. The government has said the new scheme won’t cover leaseholder homes where some [developers](https://www.hankzarihs.com/development-finance-hza/) were increasing ground rents at alarming rates. The scheme was launched in 2013 and has helped more than 270,000 people, 82 percent of which were first-time buyers, into homeownership. Buyers can buy with a deposit of as little as five percent with 40 percent of the property’s value in London, or 20 percent elsewhere, covered by a government loan. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Finance News, Marketing, News, Planning News, Projects --- ### [Green refurb grants should be available up to 2040](https://www.hankzarihs.com/green-refurb-grants-should-be-available-up-to-2040/) **Published:** November 19, 2020 **Author:** Shiraz Khan **Content:** Boris Johnson’s decision to extend green homes grants by another year should be stretched to the next two decades, urges the construction industry. Getting existing buildings more energy-efficient is going to take longer than a year to warn builders and surveyors. The Federation of Master Builders, [FMB](https://www.fmb.org.uk/news-and-campaigns/press-releases.html), chief executive Brian Berry said: “Our existing homes contribute 20 percent of all our carbon emissions and consume 35 percent of our energy. A long term retrofit strategy is needed over the next two decades to make all our existing homes more energy-efficient. “Such a strategy has the potential to create hundreds of thousands of new jobs and save the NHS as much as £2 billion because of the cost of people living in poor housing conditions.” The Royal Institution of Chartered Surveyors, [RICS](https://www.rics.org/uk/news-insight/latest-news/news-opinion/time-to-retrofit-decarbonising-uk-buildings-and-economic-recovery/), has said the grants are not enough to help with the costs of home insulation, heat pumps, or solar thermal heating systems. Government vouchers of up to £5,000, and £10,000 for those on benefits, is insufficient, it claims. “Only a small proportion of properties can be renovated within the scope of current incentives made available by the UK government,” said RICS data analyst Jon **Querejeta.** **Existing building stock with poor energy ratings is massive** More than half of the UK’s 29 million houses and more than a third of its one million commercial properties were built before 1970 and as a result, have low energy performance ratings. “In our opinion focusing on renovations and retrofitting should be central to the green recovery. The green homes grant scheme is a good start and we recommend that the government should consider using the scheme as a pilot project to roll out more energy renovation measures and incentives,” said Mr. **Querejeta.** **RICS would like all properties to be brought up to a minimum energy performance certificate rating of C by 2035. New build housing generally has an energy performance rating of at least B, however, it makes up just one to two percent of current housing stock.** **The professional body argues if VAT on repairs and maintenance was cut from 20 to five percent this would be a motivator for homeowners hiring traders to do energy performance work.** Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said [development](https://www.hankzarihs.com/development-finance-hza/) and refurbishment [finance](https://www.hankzarihs.com/fast-bridging-finance/) lenders were keen to support builders in embracing the business opportunities green retrofits presented. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Finance News, News, Planning News, Projects --- ### [York set to build 2500 homes next to station](https://www.hankzarihs.com/york-set-to-build-2500-homes-next-to-station/) **Published:** November 18, 2020 **Author:** Shiraz Khan **Content:** Major work to lay the ground for building 2,500 new homes and 1.2 sq ft of commercial development in York city centre is to start early next year. Councillors voted in favour of the first phase, backed by £77m of government funding, on 45 ha of land next to the city’s station. The site is one of the largest brownfield areas in England and it’s estimated its development will create 6,500 new jobs. York city council leader Keith Aspden said: “This is another vital step towards delivering the York Central scheme and unlocking a £1.16bn boost to our economy, including a new generation of jobs and hundreds of affordable homes when York needs it most.” A new bridge over the east coast mainline will offer access to the site which is encircled by railway lines. Drainage systems will be laid to allow for a new park, cycling and pedestrian walks to be built. **The challenging site gets a clear direction** Homes England and Network Rail have supported the development through land acquisition and master planning and will now oversee the infrastructure projects. Network Rail group property director Stuart Kirkwood said: “With our partners, we are excited to progress such a positive development for York which will deliver housing, jobs and economic growth. Unlocking under-used railway land is a core part of our strategy, helping to create great places for businesses and communities to thrive.” The government’s £77m contributions are part of a wider £155m funding package pulled together by the city council which includes £23.5m to transform the front of the railway station. Improved visitor access to the National Railway Museum is also planned. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said the project was exactly the type of initiative property [development](https://www.hankzarihs.com/development-finance-hza/) lenders would be keen to back. The city council formed a[ development](https://www.hankzarihs.com/development-finance-hza/) partnership with Homes England, Network Rail and the National Railway Museum four years ago to bring the empty land back into use. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Finance News, News, Planning News, Projects --- ### [Chancellor pressed to extend green refurb grants](https://www.hankzarihs.com/chancellor-pressed-to-extend-green-refurb-grants/) **Published:** November 17, 2020 **Author:** Shiraz Khan **Content:** Refurb grants for people to make their homes more energy efficient should be available for an extra year rather than finish at the end of March next year urges the [Federation of Master Builders](https://www.fmb.org.uk/news-and-campaigns/press-releases.html). The trade body is calling on the chancellor Rishi Sunak in his spending review on November 25th to bring forward a £9.2 bn manifesto pledge to make existing homes greener. The Federation of Master Builders, FMB, said this would offer a clear pipeline of work. FMB chief executive Brian Berry said: “SMEs in the construction sector stands ready to build back greener, but they will only be able to do so if they are supported to train and recruit highly skilled tradespeople.” He said this would mean identifying skill gaps and investing in businesses that could do the training. “We should also be making the most of the current trend for homeowners to extend and convert their homes, by cutting VAT to 5 percent on home improvements so consumers have more money to invest in retrofit at the same time,” he added. **Extension of green grants gets widespread support** Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said [development and](https://www.hankzarihs.com/development-finance-hza/) refurbishment [finance](https://www.hankzarihs.com/fast-bridging-finance/) lenders supported an extension of the £3bn green retrofit scheme launched at the end of September. About £2bn is available to help private homeowners upgrade the energy performance of homes, using Trustmark-registered installers. “Our plan to upgrade the nation’s buildings and help build back better is good news for jobs, the environment, and people’s back pockets, as we reduce emissions and help cut energy bills,” said business and energy secretary Alok Sharma at the [launch](https://www.gov.uk/government/news/greener-homes-jobs-and-cheaper-bills-on-the-way-as-government-launches-biggest-upgrade-of-nations-buildings-in-a-generation) of the scheme. The government has said it will fund two-thirds of the cost of energy efficiency work such as new insulation and double glazing up to a cost of £5,000. Only traders registered with Trustmark can do the work but few have signed up which the FMB said was due to the scheme’s short length and need to have the green retrofit PAS2030 qualification. The remaining £1bn is to be funneled into boosting the energy efficiency of public buildings, including schools and hospitals. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Green commercial properties prove their worth](https://www.hankzarihs.com/nearly-half-of-respondents-in-a-green-commercial-properties-prove-their-worth/) **Published:** November 11, 2020 **Author:** Shiraz Khan **Content:** The global survey reported stronger occupier and investor demand for commercial properties with green building certificates. This translates into higher rents according to the Royal Institution of Chartered Surveyors, RICS, sustainability findings within its global commercial property [monitor](https://www.rics.org/globalassets/rics-website/media/market-surveys/gcpm/gcpm-q3-2020-final.pdf) for the third quarter. RICS global property standards director Paul Bagust said: “Whether we look at investors or occupiers, it is clear that demand for more sustainable building is climbing.” He said it would be crucial to [develop](https://www.hankzarihs.com/development-finance-hza/) accurate measurements of properties to encourage greater capital in sustainable buildings. “We need to help ensure decisions are no longer based solely on cost, compliance, and function, but assess a broader value of a building,” he said. In Europe 43 percent of respondents noted demand for properties with green certificates was higher with more than 50 percent of Asian participants reporting the same trend. Although, in the Americas, nearly 60 percent believe that occupier interest in green buildings has not changed in the last 12 months. **Green construction proves sound investment** On the investor side, 47 percent of contributors worldwide reported demand for green buildings to have risen in the last 12 months. In Europe and Asia, more than half noted an increase in interest for buildings with green certifications while in the Americas it was a third. Over a third of contributors believed green properties receive a rent premium over comparable non-green buildings. Over one-fifth of these respondents reported increases in rent of up to ten percent with nearly half believing such properties receive a price premium of up to 10 percent. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said property [development](https://www.hankzarihs.com/development-finance-hza/) lenders were offering keen rates to builders who were embracing green technology as they saw these properties as a safe bet. Generally, the global commercial property sentiment showed the industrial sector as resilient while office and retail were in the doldrums. Two-thirds of respondents reported headline rents and capital values dropping with six percent sensing conditions had reached the floor. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [VAT cut on refurbs campaign mounts as construction headcount slips](https://www.hankzarihs.com/vat-cut-on-refurbs-campaign-mounts-as-construction-headcount-slips20015-2/) **Published:** November 6, 2020 **Author:** Shiraz Khan **Content:** Pressure on the government to slash VAT on repairs from 20 to five percent is increasing following a decline in construction workforce numbers. The Federation of Master Builders, [FMB](https://www.fmb.org.uk/resource/government-loses-potential-for-15bn-economic-boost-and-job-creation.html), has called on the government to cut VAT on home improvements to boost jobs. It points to yesterday’s purchasing managers’ [index](https://www.markiteconomics.com/Public/Home/PressRelease/e062e3574c5d4d5a9d11bf7c89f4b694?s=1), which recorded good output levels of 53.1 for October, above the 50 no-change marks, but a decline in headcounts. The Chartered Institute of Procurement and Supply group director Duncan Brock said: “The largest blot on the landscape was the number of redundancies and job shedding reported by construction firms, though builders remained relatively cheerful about the next 12 months.” **Green refurbs offer win-win outcome** FMB chief executive Brian Berry said the government should prioritize creating jobs in the community that will tackle climate change. “Cutting VAT is an oven-ready fiscal policy that will help to generate billions in economic stimulus and tens of thousands of jobs across the UK.” He added that local builders taught nearly three-quarters of apprentices so supporting repairs and improvements would bolster training. The Royal Institution of Chartered Surveyors’ policy manager Dr Patrice Cairns said there was an urgent need to improve energy efficiency within the UK’s building stock through retrofitting. “The government must use this unique opportunity to work with the professional expertise of industry and implement a holistic approach to retrofitting that will achieve significant carbon savings, both operational and embodied.” Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) agreed the time was ripe to harness enthusiasm for green improvements with [development](https://www.hankzarihs.com/development-finance-hza/) and refurbishment [finance](https://www.hankzarihs.com/fast-bridging-finance/) lenders were keen to offer loans for this of work. Construction industry commissioned research shows 95,000 new jobs would have been created over the last five years if VAT had been cut to five percent. It would also have generated an economic stimulus of £15.1bn to the UK economy. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [First Homes Scheme Warning](https://www.hankzarihs.com/first-homes-scheme-could-jeopardise-housebuilding-in-the-south-warns-savills/) **Published:** October 28, 2020 **Author:** Shiraz Khan **Content:** Developers could favour building offices or logistic centres in the South East rather than houses because of flaws in the government’s proposed first homes scheme, warns Savills. The property agency has produced a [report](https://www.savills.co.uk/research_articles/229130/306989-0/first-homes--affordability-and-viability) highlighting potential issues with the scheme where the homes qualifying in London are capped at £420,000 and the rest of England at £250,000. Savills residential research director Lawrence Bowles said: “This is another hurdle to delivering homes making it less attractive than building a logistic centre or offices where you don’t have these constraints.” The government wants 25 per cent of section 106 contributions to be earmarked for building first homes but Savills said this will make it uneconomic to build homes just outside London. “It’s a scheme with a blunt set of house caps which means first homes in St Albans in Hertfordshire would be under the same price cap as St Helen’s in the North West.” Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) agreed this would act as a deterrent for [property development](https://www.hankzarihs.com/development-finance-hza/) lenders offering builders finance for new homes in locations just outside the greater London area. Under the scheme, housebuilders are expected to offer discounts to properties of between 30 to 50 per cent. For example, a £600,000 London home would reach the £420,000 cap if a 30 per cent discount was applied. **Houses in the South may need half-price discounts** The Savills report, *First Homes: affordability and viability,* shows a 30 per cent discount on a new two-bedroom flat would be enough to bring it within the price cap of 298 of the 316 local authorities. Out of the remaining 18 local authorities, a 40 per cent discount would be needed to hit the price cap. This would cover places like St Albans, Elmbridge, Windsor & Maidenhead, Cambridge, Islington and Hackney. But in Kensington & Chelsea, the City of Westminster and the City of London, even a 50 per cent discount would potentially be insufficient. For a three-bedroom house, the number of locations theoretically needing a discount of more than 30 per cent rises from 18 to 58, including Wokingham, Wycombe and Winchester. In eight of these, a 50 per cent discount would be insufficient. Savills also highlighted that in certain parts of the Midlands and the North would need a lower value cap to ‘target households truly frozen out of the housing market’. The agency questioned the affordability of the scheme claiming on average a buyer would need a 15 per cent deposit and a mortgage four times an average income of £34,125 to afford a 700 sq flat. Savills said this would make it unaffordable for many given the average NHS salary for a nurse was £33,384. The first homes scheme is part of the government’s *Planning for the Future* white paper where the deadline for comments is Friday, October 30. Other proposals in the white paper include raising the threshold from ten homes to [40 or 50](https://www.hankzarihs.com/smaller-developments-boosted-by-raised-affordable-homes-threshold/) before an ‘affordable homes’ quota kicks in. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Finance News, homecontanttop, Marketing, News, Planning News, Projects --- ### [Expand Small Land Parcels for Housing](https://www.hankzarihs.com/more-small-parcels-of-land-for-housebuilding-should-be-on-offer/) **Published:** October 29, 2020 **Author:** Shiraz Khan **Content:** SMEs would like the government to ensure smaller plots of land are also available when it comes to disposal of public land, according to a Federation of Master Builders’ [survey](https://www.fmb.org.uk/media/56838/fmb_house_builders_survey_2020_final.pdf). The trade body’s members would also like an Ofsted-style system for rating local planning authorities to help improve efficiency. The Federation said one in three of its members want the planning system reformed to help the smaller developer whose contribution to housebuilding has dwindled from 40 percent in the 1980s to just 12 percent. Chief executive Brian Berry said: “The government cannot reach its target of building 300,000 new homes a year without reversing the decline in SME housebuilders. To help bring more SMEs into the housing market the planning system needs to be quicker and more efficient.” “Land availability is another key issue for SME housebuilders. There are far too few small sites available for local housebuilders who typically build just a handful of new homes each year. To help make more small sites available Homes England should be ensuring public land disposals provide a greater proportion of small parcels of land aimed at small housebuilders.” Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said this would be a positive move and make it easier for the smaller [developer](https://www.hankzarihs.com/development-finance-hza/) to gain [property development](https://www.hankzarihs.com/development-finance-hza/) funding. **Planning certainty should speed up projects** The survey results have been released the day before the deadline for feedback on the government’s *Planning for the Future* white paper. The proposal to raise the threshold from ten to 40 homes before the [developer ](https://www.hankzarihs.com/development-finance-hza/)has to contribute to affordable housing has gone down well with housebuilders. The National Federation of Builders, [NFB](https://www.builders.org.uk/home/), said much of the white paper is positive but would like to see more digitization of planning authorities with the statutory 13-week deadline for determining applications upheld. The idea of setting up planning zones where certain areas would be earmarked for growth has the broad backing of [developers ](https://www.hankzarihs.com/development-finance-hza/)and proposals to replace section 106 contributions and the community infrastructure levy into one payment is generally supported. NFB housing and planning policy head Rico Wojtulewicz said the construction industry had been lobbying for greater planning certainty to speed up projects and make it easier to secure [finance](https://www.hankzarihs.com/fast-bridging-finance/). The government is also consulting on greater transparency so that if a landowner has entered a contract with a [developer](https://www.hankzarihs.com/development-finance-hza/) to have the first right to buy and [develop](https://www.hankzarihs.com/development-finance-hza/) that this interest is publicly recorded. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [House Sales Surge in September](https://www.hankzarihs.com/house-sales-surge-in-september/) **Published:** October 21, 2020 **Author:** Shiraz Khan **Content:** Residential property transactions increased by more than 20 percent in September compared with August sales. However, September’s figures of 98,010 showed a 0.7 percent dip in the same month last year according to customs and revenue statistics. The chancellor Rishi Sunak attributed September’s positive results to his stamp duty holiday on properties up to £500,000 in value which was introduced in July. He was upbeat about the data claiming a rise in house moves would have a positive effect on the economy. “With a third of Brits planning to spend savings from the tax break on home improvements and renovations, the temporary stamp duty cut is boosting business and protecting jobs. “This ranges from carpenters to cleaners, brickies, and decorators, they can all benefit from each sale – helping us to further deliver on our plan for jobs,” he said. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said [development](https://www.hankzarihs.com/development-finance/) and [refurbishment finance](https://www.hankzarihs.com/refurbishment-finance/) loans to builders doing up properties were thriving. **Many think now is a good time to move** The Building Societies Association’s latest property tracker survey shows 37 percent of people think now is a good time to buy a property compared with 25 percent in June. Nearly a third thought house prices would rise in the next 12 months in September, up from 16 percent in June. More than a quarter thought prices would fall over the next 12 months down from 45 percent in March. Raising a deposit was a barrier to 53 percent of people in September, up from 40 percent in June. Access to mortgage finance was an obstacle to 40 percent of people in September, up from 34 percent in June. However, job security was cited as the biggest barrier for 86 percent of respondents compared with 65 percent in June. Among people actively looking to buy a home 61 percent quoted job security as a problem. The Bank of England predicts the unemployment rate will rise from 5.5 percent in the third quarter to 7.5 percent by the end of the year partly due to furloughing finishing on October 31st. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [London’s ‘green and pleasant’ multi-million-pound residences thrive](https://www.hankzarihs.com/londons-green-and-pleasant-multi-million-pound-residences-thrive/) **Published:** October 20, 2020 **Author:** Shiraz Khan **Content:** A room with a view, a front door onto the street, and a garden are proving more seductive for the wealthy than a James Bond-style bachelor pad in Chelsea. London’s high-end housing market is surprising estate agents who are reporting increased transactions for properties worth more than £5m. Estate agents Dexters marketing director Richard Page says: “Since the market re-opened we’ve had more than 9,000 viewing appointments across London per week and our website has never had so much traffic with 90,000 visits a week. “London is busy and people are getting on with their lives.” However, travel restrictions mean foreign investors are no longer driving the market. Demand for a *pied-à- Terre* in traditional super-prime hotspots such as Belgravia, Chelsea, Kensington, Marylebone, and Westminster have waned. Global estate agents Savills says central London prime properties are currently on sale for 21 percent less and sales activity is slow. Savills PR director Sue Laming says: “The prices are good value for non-sterling buyers and normally we would expect the market to pick up. Right now, these buyers are physically not in the market.” **London’s green villages are on a roll** Instead, rich domestic buyers and people from abroad who have already made London their home are the ones buying homes in the city’s desirable green districts. Finance brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) chief executive Shiraz Khan says: “The rich no longer need a pad near their office in the City but a country style home within easy reach of the big smoke where they can work and relax.” Trendy green oases like Fulham, Islington, St John’s Wood, Notting Hill, and Dulwich are attracting intense interest from buyers who have up to £10m to spend. Property network [LonRes](https://lonres.com/public/) research and data analysis head Marcus Dixon says: “A high proportion of moves are life-style ones whether it’s to move from a flat to a house or the countryside.” Estate agents Knight Frank’s head of residential research Tom Bill agrees saying the market for family houses in these areas has shown a month-on-month rise. “Family houses in these districts are doing very well. There’son top strong momentum in the market.” Although he admits most of August and September’s exchanges were related to pre-lockdown sales. The pandemic has also led to longer times of up to six months for a sale to complete. The type of buyer has also changed with the home-grown purchaser outnumbering overseas ones. “We are seeing a higher proportion of domestic moves rather than international. This has meant that areas of central London with a high proportion of flats and little outside space, which were appealing to overseas buyers, are less busy than leafier areas with houses and green space,” says Dixon. He says that September has shown a 21 percent year-on-year increase on houses under offer but says this is skewed in favor of more expensive properties. “People aren’t buying small flats for investment. They are making long-term larger property decisions.” The capital’s resilience is partly due to the city’s good schools and universities which are commanding wealthy people’s loyalty. Page says: “I think London is still seen as a safe haven. There’s still demand here driven by access to a good education and cultural life. They tend to take a long-term view.” In fact, sales for properties worth more than £5m in September are showing a 29 percent year-on-year increase according to LonRes figures. **The rich take a life-long view** Bill agrees that the wealthy are in the fortunate position to be thinking 20 to 40 years ahead and are less restricted by banks tightening their lending criteria. “The high net worth prime buyers are less constrained by the mortgage market,” he says. “The ability to react and respond is something we’ve seen with the prime buyers.” But there’s trepidation about how the market will fare at the end of March when the stamp duty holiday on properties worth up to £500,000 ends. Although, stamp duty savings of £15,000 helps wealthy buyers it’s not a make or break issue for buying a high-end des res. But it is important for stimulating activity at the lower end of the market which enables the wealthy to free up assets and buy more high-end properties. “There will be a rush of activity then afterward there will be a slump and buyers will demand price drops,” says Dixon. On top of that, an extra 2 percent surcharge on stamp duty for overseas buyers will kick-in in April 2021. Bill adds that political uncertainty with Brexit, changes to capital gains tax, and higher stamp duty are likely to contribute to a more subdued market next Spring. The page is optimistic that the future for London, although a little tricky in the near-term, will be bright in the long run. “London goes through trials and tribulations, but it always comes through and it generally comes through stronger. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, Finance News, Marketing, News, Planning News, Projects --- ### [Smaller developments boosted by raised ‘affordable homes’ threshold](https://www.hankzarihs.com/smaller-developments-boosted-by-raised-affordable-homes-threshold/) **Published:** October 12, 2020 **Author:** Shiraz Khan **Content:** > Housebuilders have defended proposed planning changes allowing up to 40 to 50 homes to be built before an ‘affordable homes’ quota kicks in. > > Last week the Local Government Association criticised the government for the proposals, which it claimed would have resulted in 30,000 fewer homes being built over the last five years. > > But the National Federation of Builders, [NFB](https://www.builders.org.uk/home/), said raising the limit from the current ten homes threshold to 40 or 50 would allow more small developers to build homes. > > NFB housing and planning policy head Rico Wojtulewicz said: “Negotiations on affordable homes has meant that developments have been delayed by up to two years. If you raise the threshold for building affordable houses then more homes will be built throughout the country.” > > **Affordability challenges being addressed** > > Mr Wojtulewicz that added first-time buyers’ access to help-to-buy would still enable them to get onto the first rung of the property ladder even in hotspots like the South East. > > Currently, developments of more than ten homes must have a 20 to 30 per cent ratio of affordable properties. Mr Wojtulewicz said this had acted as a deterrent for many smaller developers. > > LGA housing spokesperson and Swindon borough council leader David Renard said: “Proposals to exempt developers from having to build affordable housing on certain small sites are of huge concern. With rising housing waiting lists and record numbers in temporary accommodation, we desperately need to be building more affordable housing, not less.” > > Mr Wojtulewicz said since 2018 when the cap on local authorities’ housing revenue accounts was lifted, it was now possible for them to contract local builders to create council homes. > > He pointed to forthcoming first home legislation where local first-time buyers are to be given a 30 per cent discount on new build homes in their area as another affordable homes measure. > > Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said the changes would help SME [developers](https://www.hankzarihs.com/development-finance-hza/) especially in the wake of the current Covid-19 crisis survive and make it easier for them to gain construction [loans](https://www.hankzarihs.com/fast-bridging-finance/). ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Housing sales can continue in Liverpool](https://www.hankzarihs.com/housing-sales-can-continue-in-liverpool/) **Published:** October 14, 2020 **Author:** Shiraz Khan **Content:** Homes in [Liverpool](https://www.hankzarihs.com/liverpool/) and future Covid-19 high alert areas can carry on being sold according to the latest government [guidance](https://www.gov.uk/guidance/working-safely-during-coronavirus-covid-19/homes#homes-3-3). On ‘very high’ Covid-19 alert places, the government has said: “Estate and letting agents and removal firms can continue to work and people looking to move home can continue to undertake viewings.” Remote working tools are advised to avoid appointments at home. Wherever possible meetings should happen outdoors or in well-ventilated rooms, says the guidance. Sharing a pen or touching documents and other devices that could transmit the virus should be avoided. Our managing director Shiraz Khan at [Hank Zarihs Associates](https://www.hankzarihs.com/) said it was good news that the housing market could continue and was something [property development](https://www.hankzarihs.com/development-finance-hza/) lenders would be relieved to hear. **Repair and maintenance work still possible** Government guidance on repair and maintenance where it was essential for an operative to visit was to keep to the two-meter distance rule wherever possible. When the two-meter rule couldn’t be maintained then one-meter would be possible if extra measures were taken. These include using screens or barriers, working back-to-back or side-to-side, increased hand and surface washing, getting people to work in ‘fixed teams’, or partnering. When working in someone’s home extra care in cleaning equipment and general hygiene is required. The guidance says tools or domestic appliances should be assigned to an individual and not shared where possible. If they have to be shared then this should be done by as few as people as possible. The new Covid-19 alert system for England introduced earlier this week has put Liverpool, Knowsley, Wirral, St Helens, Sefton, and Halton in the high-risk third tier. People in regions placed in this tier must not meet with anybody outside their household or support bubble “in any indoor or outdoor setting, whether at home or in a public space”. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Finance News, News, Planning News, Projects --- ### [Construction aims to make working conditions as safe as possible during second lockdown](https://www.hankzarihs.com/construction-aims-to-make-working-conditions-as-safe-as-possible-during-second-lockdown/) **Published:** November 2, 2020 **Author:** Shiraz Khan **Content:** Feedback on how to keep construction sites going safely on the eve of England’s second national lockdown on Thursday is being called for by the Construction Leadership Council, CLC. In a public [letter](https://www.constructionleadershipcouncil.co.uk/wp-content/uploads/2020/11/Andy-Mitchell-to-Construction-Industry-England-Lockdown-02_11_2020.pdf), it flagged up its guidance on safe operation of [sites](https://www.constructionleadershipcouncil.co.uk/news/site-operating-procedures-update-version-6-now-available/), builders’ merchant outlets, and use of public and private transport to work and temporary housing for workers. The CLC asked for ‘immediate feedback’ on what could be done to make guidance better. CLC co-chair Andy Mitchell said: “We all understand the need to keep construction workers employed and keeping the economy going, for now, and for the future recovery. “We have also demonstrated the entire industry depends on the flow of money and materials, and that it is essential that product manufacturers, builders merchants, and distributors keep operating so that we have the materials to build and repair our homes, hospitals, and services. It is imperative that this happens.” Trade body Build-UK has published an [**authorization letter template**](https://t.co/Lc3IEuqwMg) for employers to give to workers if they are stopped on journeys to and from sites anywhere in the UK. Build-UK chief executive Suzannah Nicol said: “Looking after the workforce, who may have their own personal challenges at the moment, is vital to the resilience of the sector, and now is the time to check in with everyone on the team as we countdown to the end of the year.” **Financial help gets extended** Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said property [development](https://www.hankzarihs.com/development-finance-hza/) lenders would continue to support builders in the middle or about to start projects. Chief executive Shiraz Khan said: “This industry has already proved its resilience and commitment to carrying on delivering new homes and commercial properties. These are vital activities that will at least go some way to minimizing the current economic challenges facing the country.” The furlough scheme will now remain open until 1st December, with employees receiving 80 per cent of their current salary for hours not worked, up to a maximum of £2,500. The job support scheme, which was due to come in on Sunday, November 1st, has been postponed until the furlough scheme ends. However, a high proportion of those working in construction are self-employed and could be hit by the re-introduction of a ‘minimum income floor’ to universal credit payments set to go live on November 13th. The Federation of Small Businesses, FSB, claims that many self-employed people are earning less than the minimum wage so they will be adversely affected. FSB chief executive Mike Cherry said: “Suspending the minimum income floor for Covid-19 has therefore been both welcome and crucial. As the second wave of this crisis hits, and further decimates income, the removal of the suspension assumes the self-employed are not affected by restrictions and that their earnings aren’t affected if they need to self-isolate or fall ill. This would hit livelihoods and create poverty and hardship.” The FSB and Trades Union Congress have written to work and pensions secretary Thérèse Coffey raising concerns over the benefit cut for those seeking to earn a living by starting and growing their own business. The Institute for Fiscal Studies has estimated that around 450,000 self-employed workers are negatively impacted by the minimum income floor, losing an average of £3,200 a year each. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News --- ### [Government cracks down on rabbit-hutch developers](https://www.hankzarihs.com/government-cracks-down-on-rabbit-hutch-developers/) **Published:** October 2, 2020 **Author:** Shiraz Khan **Content:** Housing minister Robert Jenrick has acted to stop unscrupulous developers from turning offices into tiny flats with little or no natural light. The move follows criticism that permitted development rights, allowing offices to be converted into homes without planning permission, were creating slums of the future with flats as small as 9m². Mr. Jenrick said all new homes in England would have to meet nationally described space standards of at least of 37m² for a one-bedroom flat with a shower and 39m² for one with a bathroom. “A minority of developers have been delivering small homes without justification. These changes will put an end to this,” he said. Despite criticism from architects, surveyors, and the government’s own building better, building beautiful commission Mr. Jenrick defended the controversial legislation introduced four years ago. “Permitted development rights are helping to deliver new homes and making an important contribution to our economic recovery from the pandemic, supporting our high streets by encouraging the regeneration of disused buildings and boosting our housing industry to safeguard the jobs of builders, plumbers, and electricians.” **Builders back move for more spacious flats** The Federation of Master Builders, [FMB](https://www.fmb.org.uk/), said the introduction of space standards would stop the creation of homes unfit for human habitation. FMB chief executive Brian Berry said: “Everyone deserves the right to a decent home. A loophole for unscrupulous builders has now been closed. No one should be expected to live in a ‘rabbit hutch’ home.” Brokers[ Hank Zarihs Associates](https://www.hankzarihs.com/) said the change would raise standards and was something both property development lenders and SME builders welcomed. The government’s planning a white [paper](https://www.gov.uk/government/news/launch-of-planning-for-the-future-consultation-to-reform-the-planning-system) is proposing that permitted [development](https://www.hankzarihs.com/development-finance-hza/) right homes would be subject to new local design codes to ensure they’re in keeping with the surrounding area. In August, the legislation was extended to allow free-standing buildings to be extended upwards by two stories and for disused commercial buildings to be converted or knocked down to build new homes. Mr. Berry said the new legislation should offer local builders the chance to help people upgrade their homes and create more space as well as revive high streets. “But quality must not be compromised. Ensuring that these opportunities are open to small, local builders will mean more jobs retained and created in our communities,” he warned. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Finance News, Marketing, News, Planning News, Projects --- ### [Help for first-time buyers in Scotland extended](https://www.hankzarihs.com/help-for-first-time-buyers-in-scotland-extended/) **Published:** September 28, 2020 **Author:** Shiraz Khan **Content:** Scots trying to get their foot on the property ladder north of the border will benefit from the country´s first home fund for another year, following a recent government decision. The first home fund helps people buy their first new or second-hand home offering up to £25,000 as an equity loan and is to be extended to March 31, 2022. Buyers must contribute a minimum of 5 per cent mortgage on the purchase price. Trade body Homes for Scotland, [HfS](https://homesforscotland.com/), chief executive Nicola Barclay said: “As well as recognising the continuing demand from Scots to own their own home, extending the scheme will provide more confidence for consumers and more investment certainty for businesses, the benefits of which will ripple through the wider housing sector and economy.” The initiative was first introduced in December 2019 and has proved particularly popular with the re-opening of the Scottish house market in late June. HfS said it had also helped mitigate the impact of lenders reducing loan-to-value ratios on new mortgages. **Consistency needed to deliver new homes** But Ms Barclay stressed it was important for all areas of government policy to be aligned and pulling in the same direction. She warned the [decision](http://www.gov.scot/publications/scottish-planning-policy-housing-technical-consultation-proposed-policy-amendments/pages/4/) to remove the ‘presumption in favour of sustainable development’ from the Scottish planning policy housing consultation was a retrograde step. “This gives Scotland’s planning authorities the wrong message when they should instead be encouraged to work with home builders to facilitate an increase in the supply of much-needed homes across all tenures.” The current planning guidance the ‘presumption in favour’ phrase allows for [development](https://www.hankzarihs.com/development-finance-hza/) proposals which accord with a council’s [development](https://www.hankzarihs.com/development-finance-hza/) plan to be approved. HfS said in the last six years since the ‘presumption in favour’ clause was introduced it had helped deliver 8,000 new homes of which 1,600 were affordable. “Deleting it would now cut off that modest but very important source of housing supply,” said Ms Barclay. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said [property development](https://www.hankzarihs.com/development-finance-hza/) lenders were surprised Scotland had chosen a different tack from England and that this would hamper housing delivery. The deadline for responding to the consultation document is October 9. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Auctions, Blog, Business, Buying Property, Fast Development Finance, Finance News, Investment, Marketing, News, Planning News, Projects --- ### [Delivery hub to supercharge net zero new homes](https://www.hankzarihs.com/delivery-hub-to-supercharge-net-zero-new-homes/) **Published:** September 25, 2020 **Author:** Shiraz Khan **Content:** A multi-million-pound delivery hub of experts in design and energy conservation to help housebuilders meet green targets for new homes has been launched. The cross-sector future homes taskforce announced the news yesterday at a housing and environment summit which included housebuilders Barratts and Archway Homes. Barratt [Developments](https://www.hankzarihs.com/development-finance-hza/) chief executive, and taskforce member, David Thomas said: “We believe every business needs to take responsibility for tackling climate change and are proud to be working alongside other industry leaders to build for a greener future.” He said Barratts had become one of the first major national housebuilders to have its carbon reduction objectives approved by the Science Based Target initiative. Although the UK’s target for net-zero carbon homes isn’t until 2050, the deadline for building new homes that are electrically heated and have electric vehicle charger points is 2025. The Labour party has also said if it’s elected the deadline would be within the next few years. Home Builders Federation, HBF, executive chairman Stewart Baseley, said: “The environmental agenda is an absolute priority for the UK’s housebuilding industry and one on which we are committed to leading the way. “We will work with government and stakeholders to set ambitious but deliverable goals that will ensure we make our contribution to environmental targets and achieve our ambition of net-zero homes and a net-zero industry.” House building sector gears up for the green challenge Green roofs, reflective walls, trip glazed windows with more fresh air via mechanical ventilation and passive cooling are among the features of net-zero carbon homes. Enhanced water efficiency and improved flood resilience are also regarded as important measures for such homes. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said lenders were keen to support innovative housebuilders, especially SMEs who have often led the way on green schemes, with [development](https://www.hankzarihs.com/development-finance-hza/) and refurbishment finance. The future homes taskforce, comprising government, house building, utility provision, material suppliers, and environmental groups, is [developing](https://www.hankzarihs.com/development-finance-hza/) a masterplan for shaping new homes. This would sequence workstreams across the sector including supply chains to fulfill government targets on net zero, biodiversity, water conservation, and air quality. Housing secretary Robert Jenrick said: “I look forward to seeing the recommendations and plans of the Future Homes taskforce later this year to support this exciting agenda as we work towards a cleaner, greener, and more beautiful built environment.” ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Auctions, Blog, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Scottish Builders Urge Sturgeon](https://www.hankzarihs.com/scottish-builders-urge-sturgeon-to-more-than-double-new-house-builds/) **Published:** September 23, 2020 **Author:** Shiraz Khan **Content:** Housebuilders north of the border are calling on the Scottish government to step up new builds to 25,000 a year and to include more private homes. Homes for Scotland, HfS, the country’s housebuilding trade body, is unhappy that the government’s current targets are predominantly for social rent. Chief executive Nicola Barclay wants the government to ask public agencies to work with developers to more than double the current annual targets of around 10,000 new homes a year. “A number of notable steps have already been taken to assist in ongoing housing delivery, such as the lifeline £100m emergency liquidity fund for SME home builders,” she said. “But further longer-term action is required if we are to ensure we can provide the homes of all tenures that Scotland needs, with all the wide-ranging benefits this brings in terms of employment, social outcomes, and economic growth.” HfS estimates every home built supports four jobs and has produced a report this month outlining the sector’s contribution to the economy. Brokers[ Hank Zarihs Associates](https://www.hankzarihs.com/) said property development lenders were keen to support projects particularly in Edinburgh and Glasgow where there is a high demand for more housing. **Housing delivery hit by social distancing rules** Ms. Barclay said social distancing and hygiene rules meant fewer operatives could be on-site at any one time so construction of needed homes was taking longer and costing more. “This compounds the significant upfront expenditure incurred by developers to acquire land and complete construction, with cost recovery very often only achieved when the last properties are occupied.” HfS members were due to complete more than 6000 homes between April and June 2020, injecting over £1.3bn of transaction income into the economy. However, in June this number contracted to just over 4000 homes. Ms. Barclay urged the government to consider how housing could be a “springboard” for a Scotland-wide recovery. “With the appropriate Scottish government support, we can minimize the effects of the coronavirus on housing delivery, SME builders, jobs, and the economy.” Scottish first minister Nicola Sturgeon set the target of delivering 50,000 affordable homes, including 35,000 for social rent, between 2016-17 and 2020-21 back in 2015. Nearly 54,000 grant-funded affordable homes have been approved in Scotland from the beginning of 2016**–**17 until March 2020 with 41,309 completions. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Auctions, Blog, Business, Buying Property, Fast Development Finance, Finance News, Investment, News, Planning News, Projects --- ### [Pre-fabs Set to Scale](https://www.hankzarihs.com/pre-fabs-on-the-cusp-of-scaling-up-to-build-a-quarter-of-new-homes/) **Published:** September 21, 2020 **Author:** Shiraz Khan **Content:** Traditionally looked down on as a cheap post-war housing solution, pre-fabs could account for up to a quarter of all new homes, according to a new policy paper. The report Build Homes, Build Jobs, Build Innovation proposes a fast-track investment to construct 75,000 modular homes off-site a year by 2030. The paper is co-authored by Mark Farmer, who was appointed government champion of modern methods of construction last year. “*Modular manufacturing is the single biggest gamechanger when it comes to building more homes,” said Mr. Farmer.* *“Increasing modular delivery into the market will also enable a new generation of innovators from SME’s to large the UK and international businesses investing and operating in the UK, offering more choice to home buyers and renters.”* The paper estimates this would create up to 50,000 jobs and reduce carbon emissions from new homes by 40 percent. *It is believed to have been well-received by Number 10’s policy unit with* Nicholas Boys Smith, co-chair of the government’s Building Better Building Beautiful Commission, having written the forward. The government hopes if it backs factory-built new homes for rent or part-ownership this would help the country’s housing market overcome the economic downturn next year. Homes England, the government housing agency, would create a national platform to link councils, regional authorities, and housing associations seeking to deliver modular homes with manufacturers, investors, and suppliers. **SMEs and banks have off-site reservations** The National Federation of Builders housing and planning policy head Rico Wojtulewicz said he wants the government to concentrate on ‘all types’ of modern methods of construction not just building houses in factories. “This is because 99 percent of the industry is small and medium-sized businesses who have not been invited into the offsite challenge, because there is no industry standardization on materials and quality, and because maintenance remains a challenge.” Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said [property development](https://www.hankzarihs.com/development-finance-hza/) lenders would be keen to see regular inspections of factories. This is because during much of the [development](https://www.hankzarihs.com/development-finance-hza/) period the value lies in the components where movement and storage of parts involve some risks. There are some fears among bank credit committees about how to recover money if a factory goes bankrupt between producing the units and delivering them on site. The government has a target of building 300,000 homes a year in England within the next five years. Fewer than 3,500 of the 241,000 homes built last year were constructed off-site, according to the paper. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Business, Buying Property, Fast Development Finance, Finance News, Investment, News, Planning News, Projects --- ### [Red tape and tax cuts to revive coastal cities](https://www.hankzarihs.com/red-tape-and-tax-cuts-to-revive-coastal-cities/) **Published:** September 16, 2020 **Author:** Shiraz Khan **Content:** Attracting developers post Brexit to invest in the country’s seaside towns and cities by offering one point of contact is behind the government’s new coastal [agreement](https://www.gov.uk/government/publications/a-coastal-concordat-for-england/a-coastal-concordat-for-england-revised-december-2019). The government has revised the coastal concordat of seven years ago to make consenting development easier and to promote sustainable growth. The National Federation of Builders housing and planning policy head Rico Wojtulewicz said: “Due to being hemmed in by greenbelt and the sea, coastal regions often have trouble growing in size and stimulating employment and opportunity. “Therefore, this coastal concordat, introduced just before the UK leaves the EU proper, maybe the beginnings of a coordinated approach between local authorities and statutory consultees, such as the Environment Agency, to unlock and entice much-needed investment.” The move comes as the chancellor Rishi Sunak steps up plans for ten tax-free ports in England within a year of leaving the EU on December 31st. **The budget set to be a launchpad for free ports** Mr. Sunak is expected to invite bids from local councils interested in their communities becoming free ports in his November budget. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said [property development](https://www.hankzarihs.com/development-finance-hza/) lenders would be keen to offer finance for construction projects in such cities. The brokerage added if the government could streamline the planning process as well this would speed up regeneration. Free ports would benefit from research and [development](https://www.hankzarihs.com/development-finance-hza/) tax credits, generous capital allowances, stamp duty, business rates cuts, and local planning law relaxation. Such trade zones would allow goods to be imported, manufactured, and then re-exported tariff-free. This would allow raw materials to be brought in to be made into products in the UK and then exported. Mr. Sunak first proposed the idea in a Centre for Policy Studies research paper in 2016 where he listed Southampton, Grimsby, Hartlepool, Hull, and Harwich as possible future freeports. Prime minister Boris Johnson backed the concept during his Tory leadership campaign where Bristol, Teesport, Liverpool, and Belfast were also mentioned as possible candidates. Across 135 countries there are more than 3,500 free trade zones that employ 66 million people. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Auctions, Blog, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Independent body to oversee quality of new-build homes](https://www.hankzarihs.com/independent-body-to-oversee-quality-of-new-build-homes/) **Published:** February 9, 2021 **Author:** Shiraz Khan **Content:** A new organisation to champion consumer rights and ensure [new build homes](https://www.hankzarihs.com/new-build-developer-loans/) are built to a high standard has been launched by the government. Natalie Elphicke MP will chair the new homes quality board which will oversee consultation on a new industry code of practice and new homes ombudsman service. “The new arrangements will lead to a step-change in how new homes are built and sold and how customers are treated. The board is committed to driving new-build quality and strengthening protections for buyers,” said Ms Elphicke The code of practice will require developers to have an effective complaints procedure with timelines by which they have to address any problems that may arise. The new homes code will place more demands on builders from the sales process up to two years after the buyers move in. Home Builders Federation, HBF, executive chairman Stewart Baseley said: “The industry is absolutely committed to putting measures in place to help deliver consistently high-quality new homes and effective redress for buyers. “Recent years have seen significant improvements made in build quality and customer service and we are determined to go further.” **Consumers will be offered redress** The HBF said the new arrangements would pose some challenges to the industry but would ultimately benefit both builders and customers. Consumers will have the right to go to the new homes ombudsman if they feel the developer has not satisfactorily addressed any issues. It’s expected the new arrangements will go live later this year. Once they are in place, developers will need to register with the board and adopt the code. National Federation of Building, NFB housing and policy head Rico Wojtulewicz said members of his trade body already built quality homes. “Therefore, we will be using the upcoming consultation to remind the government and public of that. We must ensure that the best practitioners are used as a template for how positive change can be achieved.” [Hank Zarihs Associates](https://www.hankzarihs.com/) said property [development finance](https://www.hankzarihs.com/development-finance/) lenders would be supportive of moves to raise standards within the sector. Homes England will require developers participating in the help to buy equity loan scheme, to go live in April, for new-build homes to sign up to the code. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Green homes refurb grants need more time, urge MPs](https://www.hankzarihs.com/green-homes-refurb-grants-need-more-time-urge-mps/) **Published:** February 8, 2021 **Author:** Shiraz Khan **Content:** The government is under pressure to extend the green homes grant scheme beyond March 2022 after a committee of MPs described current progress as moving at a snail’s pace. Business, energy and industrial strategy minister Lord Callanan admitted only 20,000 vouchers have been handed out since its launch last summer. The slow take-up led the government to extend the original March 2021 deadline by a year. Environmental audit [committee](https://committees.parliament.uk/committee/62/environmental-audit-committee/news/139044/green-homes-grant-voucher-target-would-take-over-10-years-to-meet/) chairman Philip Dunne said: **“**The principle of the scheme should be commended. It is a timely initiative not only to boost energy efficiency of homes – which is urgently needed to stem carbon emissions – but to address our growing unemployment crisis triggered by the pandemic. “But unless overhauled and further extended, this scheme will fail to deliver its ambition.” MPs on the environmental audit committee estimate it would take another ten years for the scheme to hit its target of 600,000 refurbished homes. Only 1,300 companies have registered so far with TrustMark, the government’s approved licensers, which the committee says is why so few consumers have been able to do green refurbishments. **Skilling up is key to making green retrofits work** [National Federation of Building](https://www.builders.org.uk/home/) housing and policy head Rico Wojtulewicz said his organisation agreed the deadline should be extended for the green grants. However, he warned without investing in training the industry wouldn’t be able to meet demand. “Capacity remains a major barrier and we therefore must do much more to ensure apprentice trainers and employers have a pipeline of work so they feel comfortable taking new learners on and that the public better understands the benefits of the scheme and how long retrofitting can take. “An energy efficiency or retrofitting passport for each home would be a great starting point to achieve this,” said Mr Wojtulewicz. [Master brokers](https://www.hankzarihs.com/bridging-loan-broker/) [Hank Zarihs Associates](https://www.hankzarihs.com/) said property development lenders were keen to offer funding for builders who wanted to expand into this sector. The environmental audit committee has highlighted that more accredited engineers would be needed if the government is to meet its target of 600,000 heat pumps installed a year by 2028. The committee pointed out the government’s £6.9 m skills competition in September was just seven months ahead of the green home grant March deadline of 2022. It said the competition was unlikely to have a significant impact on the availability of skilled engineers to undertake and called for a multi-year extension to the scheme in March’s budget. The Institute for Public Policy Research suggested 250,000 jobs could be created in energy efficiency by 2030, but warned that a net zero and just transition delivery plan would be needed. The £3bn green homes grant scheme offers homeowners and residential landlords two thirds of the cost of up to £5000, rising up to £10,000 for low income families, in home energy improvements. The scheme was due to have finished at the end of next month but the government extended the deadline to the end of March 2021. The government announced this week a new sector specific traineeship pilot in construction to be launched this summer. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Costs And Confusion Surrounding Migrant Workers Will Hit Construction Industry Recovery](https://www.hankzarihs.com/costs-and-confusion-surrounding-migrant-workers/) **Published:** February 3, 2021 **Author:** Shiraz Khan **Content:** A new migration report published on 2nd February from the CITB (Construction Industry Training Board), suggests that only one in ten construction employers understand the government’s new migration system introduced at the beginning of 2021. A pole within the report found that 39 per cent of the 300 respondents were unaware that the rules had even been changed! Further research found that firms, particularly SMEs, were most worried about “prohibitive costs” that could result in sponsors having to pay £1,000 for every migrant worker they take on in their first 12 months of employment, with an additional £500 for each six-month period thereafter. ## New research only adds to existing fear This has only added to existing fears highlighted in a poll conducted last year where 72 per cent of those asked believed the end of free movement and introduction of the points-based system would impact the construction industry’s ability to secure a skilled workforce. According to CITB, 27 per cent of employers and 55 per cent of recruitment agencies believe the impact will be severe. Delving deeper into this latest report and it becomes clear to see that one of the main sources of confusion centres upon the assessment criteria for evaluating whether a migrant is illegible to work in the UK. These new standards included skills or qualification level, salary and English language ability. ### Concerns from construction recruiters A spokesperson for a large recruitment agency in the North West described to the CITB how this criteria around salary made hiring non-permanent staff problematic: “It’s quite tricky because they are on an hourly or daily rate mostly. The market is not salaried. They may not work full-time in January or February. I know the new system is designed to work on a salary basis, but these guys are not salaried. The government are going to want evidence to prove it \[a salary\]. Construction Industry Scheme returns could be used but I don’t know how this is possible prior to actually doing the job.” These complaints were echoed by another large employer from the South East, suggesting that the additional bureaucracy created by the new system “looks unnecessarily complicated”. They added: “I think the lack of clarity about the entry level, whether it’s on salary or skill, or a combination of both, is a potential issue. It doesn’t seem to be clear, concise and consistent.” [Development brokers](https://www.hankzarihs.com/development-finance/), Hank Zarihs Associates, echoes these calls for more clarity for the construction industry in the face of such drastic changes. Knowing full well that shortages in skilled labourers will have a serious knock-on effect for both the construction industry and developers as the UK seeks to recover from the coronavirus pandemic’s decreased output levels. And Given that the number of European Union-born workers in the UK construction industry has already dropped by more than a quarter in the last 12 months (as shown by data collected from the Construction Products Association). Adding yet more uncertainty is only going to exacerbate this trend going into 2021. You can read the full report by the CITB here. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News --- ### [Green light for 4,500 homes near Cambridge](https://www.hankzarihs.com/green-light-for-4500-homes-near-cambridge/) **Published:** February 3, 2021 **Author:** Shiraz Khan **Content:** Waterbeach New Town East is set to get a further 4,500 new homes after South Cambridgeshire district council granted outline planning approval a few days ago. The new development is five miles north of Cambridge and comprises a mixture of one-bed flats and family homes of up to five beds with 30 per cent being affordable. Planning consultants Boyer submitted the application on behalf of RLW Estates – a consortium comprising Royal London, St John’s College, Cambridge and Turnstone Estates. Turnstone Estates managing director Chris Goldsmith said: “We are committed to delivering a new community that will place cyclists and pedestrians at its heart, creating an environmentally conscious and future-proofed development.” The site is on land between the former Waterbeach airfield and barracks to the west and the ‘Fen Line’ railway line which links Cambridge to Ely to the east. South Cambridgeshire District Council’s Lead Cabinet Member for Planning, Cllr Dr Tumi Hawkins, said: “One of our key aims now is to work with RLW Estates to ensure the development comes forward while being respectful of the village of Waterbeach. We’ll also be working alongside our local government partners to progress the necessary transport upgrades, including local public transport, cycling and walking routes.” The scheme will offer 24,800 sqm of employment space, plus additional retail and community space with 35 hectares of open space, including a 20-acre country park. **New scheme will be well-connected** RLW Estates gained permission to relocate the station at Waterbeach village to the new town back in 2018 to offer good communication links. “Its delivery is crucial for ensuring sustainable transport options from day one and we now look forward to working with our partners to bring the plans forward,” said Mr Goldsmith. The station will have two platforms long enough for eight-carriage trains with the potential for 12 carriage trains in the future. “It will result in a new, modern station that existing and future residents will benefit from,” said Cllr Hawkins. The development will offer more than £100m towards local infrastructure, such as improving the busy A10, with one secondary, two primary schools and a six-form college planned. [Bridging loan intermediary](https://www.hankzarihs.com/bridging-loan-broker/) Hank Zarihs Associates said the new scheme was the type of project [property development lenders](https://www.hankzarihs.com/development-finance/) would be keen to finance. Waterbeach New Town East will be developed alongside Urban&Civic’s consented scheme in 2019 to build 6,500 homes at Waterbeach Barracks. Waterbeach New Town was allocated for a development of about 8,000 to 9,000 homes in the 2018 local plan. The final decision as to whether the current project can go ahead will lie with housing secretary Robert Jenrick. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Design codes make trees ‘de rigueur’ for new developments](https://www.hankzarihs.com/design-codes-make-trees-de-rigueur-for-new-developments/) **Published:** February 1, 2021 **Author:** Shiraz Khan **Content:** [New developments](https://www.hankzarihs.com/development-finance/) should be tree-lined, beautiful and of high quality, according to a new draft national design code launched for [consultation](https://www.gov.uk/government/news/all-new-developments-must-meet-local-standards-of-beauty-quality-and-design-under-new-rules) by the government. Planning authorities are expected to use it as a tool kit to guide them to develop their own design codes reflecting local community views. Housing secretary Robert Jenrick said: “We need to bring about a profound and lasting change in the buildings that we build, which is one of the reasons we are placing a greater emphasis on locally popular design, quality and access to nature.” Proposed changes include using the word ‘beauty’ in planning rules with emphasis on whether a building is attractive to local people. The proposals are out for an eight-week public consultation. The measures are a response to the *Living with Beauty* report produced in January 2020 by the Building Better, Building Beautiful Commission, BBBBC. Nicholas Boys Smith, who co-led the commission, will chair a new Office of Place to help communities create their own local standard for all new [developments](https://www.hankzarihs.com/how-does-development-finance-work/). “Our ultimate purpose will be to make it easier for neighbourhood communities to ask for what they find beautiful and refuse what they find ugly,” said Mr Boys Smith. The code is to be piloted among 20 communities, with expressions of interest already open for the first ten councils that want help creating their own versions. Successful authorities will be eligible for a share of £500,000, around £50,000 each, from the ministry of housing, communities and local government, MHCLG. **Smaller builders crucial for quality** The Royal Institute of British Architects, RIBA, said it supported the development of a national design code but warned this would not solve the crisis in quality alone. RIBA president Alan Jones said: “The government must break down the monopoly held by a small group of developers who often put upfront cost ahead of longer-term value and provide tougher sanctions to those who bend regulations to prioritise profit over people’s health and wellbeing.” The [National Federation of Builders](https://www.builders.org.uk/home/) said a design code should be a guide to achieve best practice not a prescriptive way to place make. The Federation of Master Builders, FMB, said local housebuilders should sit at the heart of plans to improve beauty, quality and design. FMB chief executive Brian Berry said: “Local housebuilders have faced a difficult year and whilst policy agendas on beauty and environmental provisions are important, the government must do more to remove the structural barriers that local housebuilders are currently facing.” He called for a cut in [VAT](https://www.hankzarihs.com/vat-loans/) from 20 to five per cent to stimulate the repair, maintenance and improvement market which would create jobs and support local builders. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said that property development finance lenders agreed that fostering more SME builders was key to raising standards. An online planning [library](https://planningaidforlondon.org.uk/) to help people understand why and how their neighbourhood is changing has been launched by Planning Aid for London in partnership with the Town and Country Planning Association. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [City gives green light to flower power tower](https://www.hankzarihs.com/city-gives-green-light-to-flower-power-tower/) **Published:** January 27, 2021 **Author:** Shiraz Khan **Content:** A new 30-storey office tower with green walls and roof nestling next to London’s walkie talkie building has been approved by the City of London Corporation, [CLC](https://news.cityoflondon.gov.uk/new-tall-building-at-55-gracechurch-street-approved-as-developers-embrace-post-pandemic-office-trends/). Hong Kong-based developers Tenacity Group are behind the scheme which is the first tall building approved by CLC this year. The proposed new tower at 55 Gracechurch Street, between Monument tube station and Leadenhall Market, offers 34,000 sq m of office space and 2,500 sq m of retail, cultural and open space. Fletcher Priest Architects’ design includes a garden terrace and a suspended treetop public walkway with panoramic views across London. The tower’s roof will harvest rain to irrigate the building’s plants and surrounding trees. Planning and transportation committee chair Cllr Alastair Moss said his organisation was positive about the Square Mile’s future despite the lockdown. “It is fantastic, therefore, to see this significant vote of confidence from the developers of 55 Gracechurch Street. “The building design embraces emerging development trends, such as flexible workspace, greening and access to fresh air – all of which were rising trends that have now been embedded into building design as a result of the pandemic.” **Designed for healthy working** The development’s ventilation draws on outdoor air which is filtered and also used to cool the office floor. Stones from the existing seven-storey building will be used as well as recycled steel delivering a 98 per cent diversion of construction waste to landfill. UK building research organisation BREEAM has awarded the tower an ‘outstanding’ rating – given to just one per cent of assessed buildings. Tenacity Group founder and chief executive officer Patrick Wong said: “Despite the events of the last 12 months and the changes and challenges we have all witnessed, Tenacity is quite clear that the era of the office is not over. Far from it. “We believe the future is bright for the right kind of space – space that 55 Gracechurch Street will provide – that embraces sustainability and provides flexibility, puts the needs of the workforce at its core but also engages with the wider community around it.” The new office areas include social and breakout zones and the building’s floorplan offers [space for large businesses](https://www.hankzarihs.com/commercial-mortgage-broker/) as well as SMEs and growth-stage companies. It is car-free offering more than 500 cycle parking spaces with wider pavements and new pedestrian routes at ground floor level. [Bridging brokers Hank Zarihs Associates](https://www.hankzarihs.com/bridging-loan-broker/) said property [development funding](https://www.hankzarihs.com/development-finance/) was still there for innovative schemes attractive to employers keen for a presence in the City. A contractor has not yet been appointed to the scheme. Tenacity also has plans for a 33-storey tower at 70 Gracechurch Street, called [The Forum](https://www.hankzarihs.com/), to offer around 600,000 sq ft of office and retail space. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [New West London Homes](https://www.hankzarihs.com/new-homes-planned-on-the-right-side-of-west-london-tracks/) **Published:** January 25, 2021 **Author:** Shiraz Khan **Content:** Plans for 852 new homes to be built next to the Grade II listed Acton Town tube station in West London have moved a step closer. Ealing councillors approved Transport for London’s, TfL, hybrid application to develop the long strip of 3.64 hectares of land hugging Piccadilly and District Line tracks along Bollo Lane. [TfL](https://tfl.gov.uk/info-for/media/press-releases/2021/january/transport-for-london-gets-the-go-ahead-for-852-new-homes-in-acton) said it would now be going to the market looking for a partner to deliver the homes of which 50 per cent are affordable. [Property development](https://www.hankzarihs.com/development-finance/) head Jonathan Cornelius said: “The proposals have been designed to reflect the area’s heritage and context, such as the Grade II-listed station next to it and will bring hundreds of much-needed homes to this part of London. “The scheme has also been designed to benefit the local community with welcoming green spaces, improvements to pedestrian and cycling facilities and new commercial opportunities for local businesses.” Architects [HOK](https://www.hok.com/news/2021-01/master-plan-for-west-london-bollo-lane-mixed-use-development-receives-planning-approval/), landscape designers East and engineers Mott MacDonald collaborated to produce the master plan for the site stretches from Acton Town station in the north to the level crossing in the south towards Chiswick. HOK design principal David Weatherhead said: “It’s an exciting new way of thinking about transforming the underutilized parcels of land that are so common around London’s transport infrastructure into wonderful spaces that enrich people’s lives.” Detailed planning was granted for a 25-storey tower of 195 flats to the north of the site with outline permission given for a further eight more residential towers of lower height. The development proposals also include new train crew accommodation for Piccadilly line drivers. **Project’s transport links are attractive** Established boutique [fast bridging loan](https://www.hankzarihs.com/fast-bridging-finance/) brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said it the scheme was in a good spot for quick connections to the city centre and would be one property development finance lenders would be keen to back. The designs include a continuous widened footpath plus cycle zone along the west side of Bollo Lane with ten new community spaces and five courtyards. Two new crossing points with tactile paving and dropped kerbs for people with accessibility needs will be built. HOK said they want to create a green corridor between Acton Town and Chiswick Park tube stations with a colonnade of ground-level offices, shops and cafés. The site offers more than 2,300 sqm of commercial space for local businesses. The proposals form part of TfL’s wider housing and commercial programme to offer more than 10,000 homes across the capital on average across all sites brought to the market since May 2016. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Carbon zero deadline tightened up for new homes](https://www.hankzarihs.com/carbon-zero-deadline-tightened-up-for-new-homes/) **Published:** January 20, 2021 **Author:** Shiraz Khan **Content:** All new homes must be carbon zero ready by 2025 and existing ones must meet higher energy standards, the government has [announced](https://www.gov.uk/government/news/rigorous-new-targets-for-green-building-revolution). Gas-fired boilers are to make way for energy heat pumps in new housing and existing home repairs and replacements are to be more energy efficient. For example, the specifications of extensions, replacement of windows, new lighting and cooling systems are to be raised. Housing minister Christopher Pincher said: “The radical new standards announced will not only improve the energy efficiency of existing homes and other buildings but will also ensure our new homes are fit for the future, by reducing emissions from new homes by at least 75 per cent. “This will help deliver greener homes and buildings, as well as reducing energy bills for hard-working families and businesses.” The government expects these homes to produce up to 80 per cent lower carbon emissions compared to current levels. Mr Pincher said to ensure industry is ready to meet the new standards by 2025, new homes will be expected to produce 31 per cent lower carbon emissions from 2021. The Federation of Master Builders, [FMB](https://www.fmb.org.uk/about-the-fmb/newsroom/?), described the timetable as challenging with the National Federation of Builders, [NFB](https://www.builders.org.uk/home/), calling for an extension for both deadlines. Mr Pincher said stringent transitional arrangements would be in place to provide all [developers](https://www.hankzarihs.com/development-finance/) with certainty about the standards and that these would last for one year and apply to individual homes. **Current stock key for reaching green goals** Both the FMB and NFB argue making existing homes more energy-efficient should be just as important as concentrating on new builds. FMB chief executive Brian Berry said: “These homes need to be retrofitted to help deliver the government’s net-zero carbon targets as well as creating much-need jobs and training opportunities in each community across the country.” The FMB estimates 85 per cent of Britain’s existing homes will still be in use by 2050 – the government’s deadline for reducing greenhouse gas emissions to zero. [Bridging loan intermediary](https://www.hankzarihs.com/bridging-loan-broker/), [Hank Zarihs Associates](https://www.hankzarihs.com/) said development and refurbishment finance lenders were keen to offer funds to support builders entering the green retrofit sector. The government has also announced a [consultation](https://www.gov.uk/government/consultations/the-future-buildings-standard) on higher performance targets for non-domestic buildings which will mean they will be zero carbon ready by 2025. It wants to see additional ventilation of high-risk buildings such as offices and gyms to reduce infection spread is to be introduced. The consultation closes on 13th April 2021. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Government pledges huge reforms for UK leaseholders](https://www.hankzarihs.com/government-pledges-huge-reforms-for-uk-leaseholders/) **Published:** January 19, 2021 **Author:** Shiraz Khan **Content:** 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 of Builders (NFB) stating: “These long-overdue changes must be the first of many to protect homeowners from the abhorrent behaviour of some unscrupulous companies. The NFB has been speaking to government about the leasehold scandal for many years and it’s good to finally see this government taking the issue seriously.” Under current law, many people face high ground rents, which when combined with a mortgage, can make it feel like they are paying rent on a property they already own. What’s more, freeholders are all too easily able to increase the amount of ground rent without having to promise much in the way of benefits to those faced with the extra charges. With these new changes, legislation will be brought forward for setting future ground rents at zero for all leaseholders whilst allowing for the extension of these leases for another 990 years. Further changes will also see the introduction of an [online calculator](https://www.hankzarihs.com/bridging-loan-calculator/) aimed at helping leaseholders who want to buy their freehold. Prohibitive costs, such as ‘marriage value’ – the difference in value between your property having a short lease (before renewing) and when the lease is extended or freehold bought – will also be simplified and made more transparent. ### Though not everyone is on board with this new legislation Amongst the opposition, was The Leasehold Group who accused the recent announcement as merely “window dressing” and warning how these latest leasehold proposals “fall well short of what is needed” to reform the sector. Anna Bailey, Founder and CEO of The Leasehold Group went further, stating: “Giving leaseholders the opportunity to extend their lease by 990 years is actually a moot point; a leaseholder already has the right to extend their lease by 90 years and reduce their ground rent to a ‘peppercorn’ under existing legislation, and, arguably, there is virtually no difference in the value of a leasehold property with a 990-year lease compared to a 160-year lease. In fact, the government’s proposals may do more harm than good, by creating another tier or type of leasehold flat available to potential purchasers in an already confused market.” Anna concluded by saying: “leaseholders have been in limbo for years waiting for the government to announce how it will reform the system. Unfortunately, these proposals do not represent the paradigm shift needed to give leaseholders real ownership of their properties and the government has not given a clear indication of the timeframes for enacting new legislation. We wait with bated breath.” [Property finance brokers](https://www.hankzarihs.com/development-finance/), [Hank Zarihs Associates](https://www.hankzarihs.com/), welcomes these calls for more information from the government. Sharing the view that this new legislation be made as clear as possible for leaseholders and freeholders, but also for potential purchasers and developers as well. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, News, Uncategorized --- ### [Right to regenerate proposals could favour custom builders](https://www.hankzarihs.com/right-to-regenerate-proposals-could-favour-custom-builders/) **Published:** January 18, 2021 **Author:** Shiraz Khan **Content:** Empty garages, council houses and land could be a thing of the past under new [proposals](https://www.gov.uk/government/news/right-to-regenerate-to-turn-derelict-buildings-into-homes-and-community-assets) launched by the government this week. The proposals would allow individuals or communities to challenge councils to release land and empty buildings for development. Housing secretary Robert Jenrick said new ‘right to regenerate’ proposals would make it easier for councils, or any public body, to call for the release of land for redevelopment. “We are cutting through red tape so that communities can make better use of available land and derelict buildings, which means more new homes, businesses and community assets. “Millions of people will now be able to buy that empty property, unused garage or parcel of land and turn it into something good for them and their community.” Under the proposals, public bodies would need to have clear plans for land in the near term. If the land is kept for too long without being used, they would be required to sell it. The National Federation of Builders said the proposals were positive but stressed strong primary legislation would be needed to ensure councils adhered to any new rules. Mr Jenrick said the new process would be fast and simple and that he would act as an arbiter to ensure fairness and speedy outcomes in all cases. **Getting the price right** NFB housing and planning head Rico Wojtulewicz added: “The government needs to find a mechanism for setting the price for public land to give local communities the chance to bid and one which would give weight to the social value of a project.” National Community Land Trust Network chief executive Tom Chance described the new proposals as a “gamechanger”. But agreed with Mr Wojtulewicz that getting hold of land at an affordable price had been a huge barrier for community groups wanting to build affordable housing. The National Custom and Self Build Association said the new proposals should increase housing diversity. [NCSBA](https://nacsba.org.uk/news/) spokesperson Duncan Hayes said: “This represents the opportunity of developing small sites for housing and boosting the local economy through using local SME housebuilders who tend to have the highest level of apprenticeships.” He called for joined-up thinking where last month’s brownfield development fund initiative could be harnessed by community groups and custom builders to support their regeneration plans. [Fast bridging loan](https://www.hankzarihs.com/fast-bridging-finance/) brokers [Hank Zarihs Associates](https://www.hankzarihs.com/), said property [development lenders](https://www.hankzarihs.com/development-finance/) would back any measure which made it easier for independent builders to construct projects on small sites. Latest government figures show there were more than 25,000 vacant council-owned homes and over 100,000 empty council-owned garages in 2020. Current ‘right to contest’ powers give the public the ability to request the sale of underused public land. However, since its introduction six years ago only one out of the 192 requests made were granted due to the owners’ future plans for the land. The [consultation](https://www.gov.uk/government/consultations/right-to-regenerate-reform-of-the-right-to-contest) opened on 16th January and closes on 13th March. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Finance News, News, Planning News, Projects --- ### [Converting House into Flats](https://www.hankzarihs.com/converting-house-into-flats/) **Published:** January 15, 2021 **Author:** Shiraz Khan **Content:** ![converting property into flats in the UK](https://www.hankzarihs.com/wp-content/uploads/2021/01/converting_property_into_flats.jpg "- Bridging and Development Finance Solutions")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 and rental income as well as capital appreciation and it’s changing our cities and the way we live in them. ## Step by step guide on turning your house into flats ### Do your research An essential part of the process is researching the area you’re looking to covert in and what the rental market looks like. Some of the questions you’ll need to ask yourself are: - Are flats in demand in my area? - Is my area close to or within a busy commuter area? - What does the average rental income look like for similar properties in my area? As this is going to be a major investment for you, it should be researched and considered as such and using property websites like RightMove and Zoopla can help you get a good picture of what demand looks like where you’re looking to buy. ### How to finance the conversion At Hank Zarihs Associates we offer a wide range of services, but the best advice we can give is to get in touch with an experienced [bridging loan broker](https://www.hankzarihs.com/bridging-loan-broker/) who can speak to you about your personal circumstances. Regardless of whether you’re an existing landlord, intending to become a landlord, or just an investor it’s important to know what’s available. Finance, [fast bridging loans](https://www.hankzarihs.com/fast-bridging-finance/), **mortgages** and other services will differ from customer to customer, and it’s important for you to understand what’s available to you before committing to your project. ### Planning permission These requirements will depend on the area you’re looking to *convert* your property in. Strictly speaking there are some circumstances where you may not need planning permission, however, it’s usually advisable to contact the local planning department before you start any work and seek their advice. Converting a house into flats without planning is possible, but for the sake of risk aversion it’s worth scoping out your local planning situation first. Different areas may have different expectations or different interpretations of planning legislation and there’s the possibility that your property may be located on conservation land which will have big implications if that’s the case. ### Taxes Your tax implications will depend on whether you plan to rent or sell your property once the conversion is completed. Should you decide to sell there could be capital gains tax to consider, and if you decide to rent then there are certain income taxes or self-assessment obligations that may become relevant. This is also likely to depend on whether you operate as a Limited company, a sole trader or as a private individual. If you have an accountant or tax advisor it’s certainly worth seeking their advice as you may also be able to write off some of your costs, such as the interest on your mortgage as well as maintenance costs. ### Legal and other costs Whilst converting houses into flats is a very popular choice there are also legal considerations. You’ll need a solicitor to act for you to deal with the initial transaction in purchasing the property and it’s worth seeking their advice at the point of sale if they can spot any potential future problems. You may also need to get an estate agent involved in the purchase of the property and, should you want to sell, the process of putting your flats on the market. If you’re looking to rent your flats then you may also need a lettings agent to potentially market and manage your properties. There are also likely to be building regulations as well as health and safety laws to adhere to, such as providing fire escapes, fire alarms, separate electricity supplies, and so on. This is likely to mean you’ll need some kind of legal advice to ensure you’re on the right side of the law as well as a building company that incorporate these into the design. There are other things that you may need to consider a little further down the line such as insurance and what type you’ll need whilst converting and once you’ve completed. If you’re intending to rent long-term with tenants, then this will likely require different *insurance*. Seeking planning permission, should you require it, also brings additional costs too. Each project will be different in its scope and requirements so it’s always worth having a reliable solicitor to hand for advice. ### What is your exit plan? Sell or rent? It’s an important consideration as this will impact your tax liabilities and [property refurbishment finance](https://www.hankzarihs.com/refurbishment-finance/) requirements when converting property into flats. There are benefits to both, of course, with selling meaning a quick profit and a cash return as well as shorter financing terms. When you’re looking to *buy* a property to convert there’s financial decisions that can influence your decision. Renting on the other hand allows you a longer term income and the benefit of capital appreciation as house prices rise and rental demand increases your yield. **Tenancy** and occupancy rates can vary depending on area and the economy, but overall if your research is sound this shouldn’t be a huge worry. All in all, it’s worth giving this some consideration before you complete your purchase so that you’re aware of all the other possible implications. ## Can I convert a house into flats without planning? Technically, yes you can, since October 2010 the conversion of a single dwelling into two separate units was deemed ‘Permitted development’ for between 3 and 6 people. That being said, it’s strongly advised that you contact your local council or planning beforehand to seek their advice as the last thing you want is retrospective enforcement which can cost a lot of money. Different areas will have different requirements, and there’s potential that there’s new requirements, so it’s worth checking first. ## Can I convert a terraced house into 2 flats? The short answer is yes you can. You’ll need to do your research and think about the layout and the optimal use of your space, but there’s nothing stopping you from converting a terraced house into flats. Dividing a **house** into two dwellings is the most common outcome when converting terraced houses due to available floor space, but there are plenty of options within that. Converting a terraced house into 2 flats often proves to be the most popular option. As with the other *conversions*, speak to a solicitor, a financing expert and your local planning department before you complete your purchase. ## Can I convert a Victorian house into flats? Again, the answer is fairly simple: yes, you can. Converting a house into 3 flats is often an option for Victorian houses due to the added space and, specifically, converting a Victorian house into flats is a hugely popular option in city suburbs. If you plan ahead, think about how to utilise the floor space, research your market and do your due diligence then most properties are suitable for conversion. ## Will converting my house into flats affect my mortgage? ![landlord needing mortgage to finance house](https://www.hankzarihs.com/wp-content/uploads/2021/01/landlord_needing_mortgage_to_finance_house.jpg "- Bridging and Development Finance Solutions")This will depend on your current mortgage and the terms you agreed to, however, in most cases it’s fair to say that it will, and you’ll need to speak to your mortgage provider beforehand to understand the implications. Converting a house into flats mortgage options can sometimes seem a little daunting with many different options such as the potential to remortgage or apply for an extension, so it’s worth seeking advice from an agent as there is quite a large menu of potential choices. With most [property developments finance](https://www.hankzarihs.com/development-finance/) or conversions it’s usually worth speaking to a specialist *finance* company with good experience of the commercial market that can provide you with specific advice as residential mortgages are rarely appropriate for these types of projects. At Hank Zarihs Associates we specialise in development and investment funding. We have the experience and expertise required to present your project in a format which will satisfy the lending institutions credit committees. ### Do I need to soundproof each flat? You won’t need to specifically soundproof the flats individually, but it is your responsibility to ensure that your occupants have reasonable enjoyment of the **property**, and this will include steps to ensure that noise from adjoining properties is kept to a reasonable minimum. Converting house into flats with soundproofing is a frequently asked question in that some worry they have to completely eradicate noise pollution, but this isn’t the case. When you hire a builder or construction company this is something you can discuss in greater detail about the design and how to ensure that noise is kept to a reasonable minimum, and this may consist of insulation, for example. This isn’t likely to increase your costs significantly and is something that is contained within existing building regulations, so if you’re hiring an experienced company that has done these types of conversions before they should be able to provide advice on things like noise reduction, fire doors, and other responsibilities. #### Find out how Hank Zarihs Associates can help finance your next auction property We’re a specialist finanmce company with years of experience helping customers with a wide variety of projects so we have the knowledge to be able to help with any of your finance requirements. Each project and each customer are different and so we understand the need to talk things over with an experienced specialist that can talk you through all your options from our office. As a highly regarded [finance broker](https://www.hankzarihs.com/), we know what lenders and banks are looking for when they agree to fund property projects. We offer advice and services for bridging loans, [auction finance](https://www.hankzarihs.com/auction-finance/), development finance and a range of other services to help you along with your plans. The best advice is to pick up the phone and talk it over with somebody in the team who has the knowledge to give you all the information you need. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog --- ### [Glasgow’s Met Tower £100m refurb gets green light](https://www.hankzarihs.com/glasgows-met-tower-100m-refurb-gets-green-light/) **Published:** January 6, 2021 **Author:** Shiraz Khan **Content:** Plans to transform the city’s iconic college tower, dubbed the Met, into a hotel with leisure and grade A office space are set to become a reality. Glasgow city council has granted developers [Osborne & Co](https://www.osborneandcompany.com/project/met-tower/) detailed planning permission to convert the 11-storey tower into a 260-bed hotel with grade A office for up to 1,200 people. The redevelopment of the 1960s B-listed building on North Hanover Street will also offer 25-23,000 sq ft of retail leisure, food and drink space. Osborne & Co development director Will Hean said: “Achieving planning consent comes at a critical time in the real estate market which continues to be challenged because of the coronavirus pandemic. “Despite this, we are committed to investing significantly in [Glasgow](https://www.hankzarihs.com/glasgow/) as we recognise the strength and diversity of the Glasgow economy. Glasgow’s tech sector in particular will be significant as the economy works its way back to strength.” **Tower set to be tech magnet** The building lies in the city’s innovation district close to the University of Strathclyde’s technology and innovation centre and the Inovo building which have attracted a host of tech firms. [Brokers Hank Zarihs Associates](https://www.hankzarihs.com/) said [development finance lenders](https://www.hankzarihs.com/development-finance/) regarded the area as a business hot spot and were keen to offer funding for refurbishment and new building schemes. Osborne & Co plans to demolish an existing ‘podium’ building facing Cathedral Street to make way for the hotel, which would connect to the Met Tower via a landscaped plaza. A flexible double-height auditorium space is to be created below the plaza which could also suit a market hall, co-working space or suite meeting rooms and theatre-style conferencing facilities. This would link to the reception level of the tower and will have its own separate entrance on North Hanover Street. The project team for the [refurbishment](https://www.hankzarihs.com/refurbishment-finance/) of the tower and surrounding developments include architects **Cooper Cromar** and structural engineering firm **Woolgar Hunter**. Environmental design and mechanical & electrical consultants **Atelier Ten**, planning and property advisors **Savills**, construction consultants **Gardiner & Theobald** and quantity surveying consultants **Thomas & Adamson are also involved**. Glasgow’s College of Building and Printing was opened in 1964 by Labour prime minister Howard Wilson and was designed by Wylie Shanks Architects. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Finance News, News, Planning News, Projects --- ### [Reality show proposed for showcasing green renovations](https://www.hankzarihs.com/reality-show-proposed-for-showcasing-green-renovations/) **Published:** January 13, 2021 **Author:** Shiraz Khan **Content:** A *MasterChef* reality TV show for green building projects is being floated by house builder and developer trade association Build Europe. The trade body believes such a programme would counteract perceptions that building renovation is ‘old-fashioned and outdated’. “An increasing number of young Europeans are interested in craft professions such as cooking, baking…., occupations that were previously neglected,” said the organisation. The proposal is one of 21 flagged up in its *Green Deal and Renovation* paper released this week aimed at making Europe carbon-neutral by 2050. The report calls for new crafts people to be trained in using recycled products and materials made as locally as possible. “The national authorities need to encourage this new mindset and undertake a massive training programme,” said the report authors. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said development and [refurbishment finance](https://www.hankzarihs.com/refurbishment-finance/) lenders would be interested in backing initiatives encouraging new blood into the renovation sector. **Tax cuts needed to encourage projects** The report also calls for an inventory of European housing stock identifying energy-intensive housing stock and reporting. Favourable tax treatment, such as reduced [VAT](https://www.hankzarihs.com/vat-loans/), for deep restoration projects which involve demolition and reconstruction, is advocated. Other proposals include increasing the digitalisation of the house-building sector and developing and increasing the use of simulation tools. The paper argues for simplified planning to foster the conversion of non-residential buildings into housing with direct aid for rehabilitation. It also recommends greater use of off-site modular construction for cost-controlled renovation projects. The UK’s Home Builders Federation and the National House Building Council are members of Build Europe which has a membership of more than 300,000 [developers](https://www.hankzarihs.com/development-finance/) across the continent. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Building industry upbeat about EU trading deal](https://www.hankzarihs.com/building-industry-upbeat-about-eu-trading-deal/) **Published:** January 4, 2021 **Author:** Shiraz Khan **Content:** Construction is gearing up for business as normal with the threat of tariffs and quotas avoided thanks to the trading agreement struck with the EU last month. Trade bodies across the industry are pleased continuity in costs and availability of products and materials is now in place. Construction Leadership Council’s Brexit working group chair James Butcher said: *“The mutual co-operation in respect of reducing technical trade barriers and co-operation at the border will also undoubtedly help to avoid some of the risks of delay and disruption.* *“What this means is that we will not see the inflationary shock of tariff and quota introductions or the expected currency depreciation associated with a no-deal. This deal delivers certainty at a time when it is needed most and represents a good day for British construction.”* The agreement secures a continuation of rules of origin where bilateral recognition of assembly means UK inputs and processing into EU products and materials will be recognised. The [National Federation of Builders](https://www.builders.org.uk/news/) said this would encourage trade and ensure complex product supply chains would not become burdensome or costly through technical and regulatory barriers. **Steps taken to ease port pressure** The UK and the EU have also agreed trusted trader schemes and co-operation in customs at the border to explore the exchange of import and export information and aide ‘roll-on-roll-off’ flow at ports. [Builders Merchant Federation](https://www.bmf.org.uk/) chief executive John Newcomb said: “We now have the assurance of the continued free flow of materials needed to fulfil the government’s promise to build back better, improve the energy efficiency of our homes and create the many thousands of jobs required to do so.” A mutual agreement over VAT and debt recovery, building on existing international agreements, was reached. Progress on migrant workers with the UK and EU agreeing on a framework for mutual recognition of professional standards and qualifications was also made. [Fast bridging loan](https://www.hankzarihs.com/fast-bridging-finance/) brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said [development finance lenders](https://www.hankzarihs.com/development-finance/) were optimistic that builders would be able to carry on as normal. However, the UK and EU were unable to agree on mutual recognition of conformity assessments which means UK bodies will not be able to certify products to EU standards and vice versa. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Finance News, News, Planning News, Projects --- ### [Gov’t pledges more new homes for the North and Midlands](https://www.hankzarihs.com/govt-pledges-more-new-homes-for-the-north-and-midlands/) **Published:** December 16, 2020 **Author:** Shiraz Khan **Content:** Housing secretary Robert Jenrick announced today a [rethink](https://www.gov.uk/government/news/plan-to-regenerate-england-s-cities-with-new-homes) on controversial housing need algorithms which favoured the South rather than the North for development. He said an updated method would level up delivery of 300,000 new homes a year concentrating on brownfield and urban sites in England’s 20 largest cities such as Birmingham and Manchester. About £67m is to go to the West Midlands and Greater Manchester combined authorities to help deliver new homes on brownfield sites. The government wants to encourage homebuilding to revitalise high streets and boost economies and in January will launch a £100m brownfield land release fund. Mr Jenrick said: “We want to build more homes as a matter of social justice, for intergenerational fairness and to create jobs for working people. We are reforming our planning system to ensure it is simpler and more certain without compromising standards of design, quality and environmental protection.” The government is encouraging councils to ensure appropriate numbers of family homes come forward, with the right mix of home sizes, types and tenures. “The Covid-19 pandemic has accelerated and magnified patterns that already existed, creating a generational opportunity for the repurposing of offices and retail as housing and for urban renewal,” said Mr Jenrick. **Builders back repurposing of vacant properties** The Federation of Master Builders, [FMB](https://www.fmb.org.uk/), said it supported the conversion of empty buildings such as shops as a way of breathing life into high streets. FMB chief executive Brian Berry said: “Building on brownfield land helps protect green spaces while unlocking the new homes that we desperately need. Small to medium-sized housebuilders train 71 per cent of apprentices and build high-quality homes, so making the funding accessible to them is crucial to building back better.” The government is to revise the problematic 80:20 rule where the majority of development agency Homes England’s funding went to the least affordable, and often most affluent, areas. Former chancellor Philip Hammond introduced the ratio as a way of calculating need and the pay-off for building extra housing. Peter Freeman, Home England’s new chair and a leading figure in the Kings Cross revival, will sit on a new urban centre recovery task force to develop and regenerate England’s major cities. London is to be encouraged to build upwards with the government introducing a London plan direction of a tall building being 18 metres and above. The mayor Sadiq Khan’s affordable homes target of 116,000 by March 2023 looks questionable as this year he’s struggling to meet his 10,300 goals. The government has said it will strengthen Homes England’s powers to work with the Greater London Assembly and London boroughs to close the gap between delivery and targets. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said that [property development lenders](https://www.hankzarihs.com/development-finance/) backed moves to build more homes in the heart of London. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Finance News, News, Planning News, Projects --- ### [Homes England hopes vaccine will reverse slump in new builds](https://www.hankzarihs.com/homes-england-hopes-vaccine-will-reverse-slump-in-new-builds/) **Published:** December 9, 2020 **Author:** Shiraz Khan **Content:** Homes England has reported a year-on-year drop of 56 per cent in the volume of homes started for market sale in the first [half](https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/941829/Housing_Statistics_December_2020.pdf) of this year. The government’s housing accelerator reported just 2,416 houses were started from April to the end of September compared with 5,052 in the previous year. The number of houses completed decreased by 20 per cent to 3,746 compared with 4,690 for the same period in 2019. Nick Walkley, Homes England chief executive said: “As anticipated, Covid-19 had a significant impact on the construction industry in the first half of this year. “Homes England has been working closely with delivery partners and colleagues in government to support the sector to build back its capacity.” He said confirmation of £12bn of funding through the affordable homes programme would give confidence to the sector to support delivery over the next five years. “By working with our strategic partners and the wider sector, we can ensure that the £7.5bn allocation Homes England received, along with the additional funding announced in the recent spending review, helps to stimulate the sector and ultimately gives our delivery partners the confidence they need to invest in new homes,” said Mr. Walkley. **The future looks positive** Homes England said positive economic data such as November’s purchaser managers [index](https://www.hankzarihs.com/new-building-projects-fuel-industry-optimism/) and the development of more effective vaccines would aid further recovery. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said [development finance lenders](https://www.hankzarihs.com/development-finance/) supported this view and were optimistic about new build volumes for the second half of 2021. Overall, there were 11,313 new houses started on-site and 11,358 homes completed between 1 April and 30 September 2020. Starts on-site were down by 38 per cent and completions were down 25 per cent, compared with the same period last year. Affordable housing – social rent, shared ownership, discounted and starter homes – accounted for 79 per cent of the total new starts in this period. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Finance News, News, Planning News, Projects --- ### [Easier public land disposal scheme aims to woo SMEs](https://www.hankzarihs.com/easier-public-land-disposal-scheme-aims-to-woo-smes/) **Published:** December 14, 2020 **Author:** Shiraz Khan **Content:** The government’s housing accelerator [Homes England](https://www.gov.uk/government/publications/homes-england-land-hub) is simplifying how it engages with developers and housebuilders to bring public land to market. It’s announced a new purchasing system where housebuilders can apply at any time when land comes on stream. Under the old scheme, developers had to join a panel which was renewed every four years. Homes England chief executive Nick Walkley said: “Our new dynamic purchasing system and land led approach really does modernise how we invite bids for public land. I hope our partners can see that we’ve actively listened to their feedback and acted on it.” Home England hopes the new approach will open public sector sites more widely to SMEs as well as the large housebuilders. SMEs bidding to deliver smaller sites will benefit from simpler entry criteria than those applying to deliver larger strategic sites where there will be more testing. Larger developers will be expected to show leadership around design quality, building safety and improving equality and diversity in the industry. Housebuilders can tailor their membership to express interest in specific locations or types of development to give the agency the ability to more effectively market sites to interested parties. Throughout the lifetime, of the new system housebuilders will be able to apply to enter new categories and amend their membership. Homes England hopes this will give SMEs the chance to take on more ambitious schemes as they grow. National Federation of Builders housing and planning policy head Rico Wojtulewicz said: “The dynamic system is an improvement – when you have the resources, or a piece of land comes up in your area then you can go for it. “However, SMEs have previously been promised improved access yet remained shut out of the process. The real reform would be to give Homes England planning power.” Mr Wojtulewicz added requiring local authorities to publish a small-sites register would be another step that would really make a difference to smaller developers. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) agreed that such a list would be really useful and that property [development lenders](https://www.hankzarihs.com/development-finance/) would like to see Homes England given planning powers. The new system will open for the first round of applications in April with the option to apply to join at any time when Homes England publicises sites that have come on stream. It will also help other public sector bodies, including local authorities and registered providers find a housebuilder or contractor to build on their land. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Finance News, News, Planning News, Projects --- ### [New building projects fuel industry optimism](https://www.hankzarihs.com/new-building-projects-fuel-industry-optimism/) **Published:** December 4, 2020 **Author:** Shiraz Khan **Content:** Featured on[ e-architect](https://www.e-architect.com/articles/uk-construction-industry-recovery). New order volumes in November grew at its fastest rate in six years with housebuilding a star performer, according to the UK purchasing managers’ [index](https://www.markiteconomics.com/Public/Home/PressRelease/9cfb06bf24f448e588c1db05f5cc0b6f?s=1). The survey pointed to the strongest degree of business optimism across [construction](https://www.hankzarihs.com/development-finance-hza/) since January. Chartered Institute of Procurement and Supply group director Duncan Brock, said: “The sector is moving back to strength with another solid rise in output and gaining more momentum as new orders rose last month at the highest rate since October 2014. “The energy behind this success was primarily the housing sector as sales remained buoyed by consumers rushing to meet the stamp duty relief deadline less than four months away and a rise in home improvement projects for locked down citizens.” House building at 59 was the strongest out of an overall activity rate of 55 for November – above the 50 no-change value for the sixth consecutive month. The EY ITEM [Club](https://www.ey.com/en_uk/growth/ey-item-club) chief economic advisor Howard Archer said: “Positively, the index observed there were signs the main growth driver has transitioned from catch-up work to new projects.” More than half of the index’s panel forecast a rise in business activity during the year ahead, while only 16 percent predict a decline. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) added [property development lenders](https://www.hankzarihs.com/development-finance-hza/) were reporting healthy levels of [construction](https://www.hankzarihs.com/development-finance-hza/) loans and refurbishment [finance](https://www.hankzarihs.com/fast-bridging-finance/) applications. **Rising material costs fuel job cuts** Survey respondents reported on supply chain pressures due to increased demand with transport delays and stock shortages. Materials costs, particularly for timber, had risen at their fastest rate in 19 months leading to job cuts, the index revealed. “In a bid to dampen down the effects of the sharpest rise in input costs since April 2019, builders were reducing headcounts to keep their own heads above water leading to another fall in job numbers,” said Mr. Brock. “As more work fills the sector’s pipelines, the necessity to recruit is likely to become more urgent, and the shortfall could be reversed barring further disruption.” The latest index activity results prompted the [Federation of Master Builders](https://www.fmb.org.uk/) to put more pressure on the government to extend the green retrofit scheme for homes beyond the end of March 2021. Civil engineering returned to growth in November at 52.3, while commercial work increased marginally to 51.9 – the slowest rate for six months. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Builders Urged: Stockpile EU Supplies](https://www.hankzarihs.com/builders-urged-to-stockpile-european-supplies-in-event-of-a-no-deal/) **Published:** December 7, 2020 **Author:** Shiraz Khan **Content:** UK Builders are being advised to liaise with their supply chain much earlier than normal as the end of the transition period for leaving the EU looms. Trade body Build the UK has estimated that in the case of a ‘no deal’ Brexit duty and other costs could increase from two to eight percent. Build UK chief executive Suzannah Nichol said: “The overriding message from all businesses is the need for much earlier engagement across the whole supply chain, along with enhanced forecasting information to anticipate and manage supply and demand issues.” Products imported solely from Europe, such as lifts, facades, cladding, and roof tiles are on the ‘watch list’ as they are usually made to order and there is little stock held in the UK. “Projects requiring these, particularly any which are specialist or bespoke, should be talking to suppliers and manufacturers, placing orders earlier than usual, importing products ahead of time, and storing them in the UK, particularly in the first quarter of 2021 and where they are on the critical path of any program,” said Ms. Nichol. Timber has been in short supply since March 2020 and a range of timber products continue to be on longer lead times. Build UK advises advance ordering and working closely with supply chains for the first two quarters of 2021. **New report keeps track of high-risk supplies** Build the UK and the Chartered Institute of Procurement and Supply have released a [report](https://builduk.org/wp-content/uploads/2020/11/Materials-Report-November-2020.xlsx) on the supply of construction materials from January 1, 2021, which they plan to update regularly. The report reveals where goods are manufactured and how they will be affected by changes in regulations, currency fluctuations, transport, and import duties. The availability of supplies will also be influenced by ports used for imports, the length of supply chains, and the raw materials used. The level of risk will increase as the amount of control over an aspect of supply falls, warns Build UK. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said that shortage of supplies was one of the main reasons why projects overran and were a risk, [property development lenders](https://www.hankzarihs.com/development-finance/) were watching closely. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Park life proves major draw for house buyers, claims Nationwide](https://www.hankzarihs.com/park-life-proves-major-draw-for-house-buyers-claims-nationwide/) **Published:** December 2, 2020 **Author:** Shiraz Khan **Content:** Nearly a third of people thinking to move are doing so to be close to a park or have a garden, according to the building society’s latest market research. Nationwide is predicting properties within the new national parks the government is planning over the next 25 years would command premium prices. Chief economist Robert Gardner said: “Our updated research suggests a property located within a national park attracts a 20 percent premium over an otherwise identical property. This is around £45,000 in cash terms based on the current average UK house price in the third quarter. This is slightly higher than the premium identified in our 2019 research which was 19 percent.” Nationwide is revising previous research exploring the impact of being in a national park on house prices. “It is important to note these results won’t fully reflect any changes since the pandemic, since we construct the estimates using 12 months of data,” said Mr. Gardner. Nationwide’s research has also shown a quarter of house buyers were looking to move to get away from the “hustle and bustle” of urban life. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said property development lenders were keen to back new housing projects where communal spaces and gardens were central to the design. **House prices rise at their fastest rate in six years** The building society’s data on house prices for November showed an annual growth of 6.5 percent, the highest rate since January 2015, with prices up month-on-month by 0.9 percent. October saw property transactions rise to 105,600, the best since 2016, while mortgage approvals for house purchases in the same month were at their greatest since 2007 at 97,500. The economic forecasting group, EY ITEM Club, said the resilience in the housing market was in part due to pent up demand since the easing of restrictions in mid-May. EY ITEM Club chief economic advisor Howard Archer said: “This buoyancy has been reinforced by the chancellor raising the stamp duty threshold to £500,000 from mid-July through to 31 March 2021.” But he said house prices were expected to be about five percent lower than now by mid-2021, although they would improve by the second half of the year as the economy started to recover. “Very low borrowing costs should also help with the Bank of England unlikely to lift interest rates from 0.10 percent during 2021,” said Mr. Archer. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Custom-build homes get a shot in the arm](https://www.hankzarihs.com/custom-build-homes-get-a-shot-in-the-arm/) **Published:** February 11, 2021 **Author:** Shiraz Khan **Content:** [SME developers](https://www.hankzarihs.com/development-finance/) of custom-built homes on multi-plots can now apply for exemption of the community infrastructure levy thanks to new planning [guidance](https://www.gov.uk/guidance/self-build-and-custom-housebuilding) released this week. It also allows custom builders to cover a wider spectrum of projects, including customised housing where the home is built ready for occupation, dubbed turnkey. Procurement organisation Custom Build Homes, CBS, and trade body National Custom and Self Build Association, [NaCSBA](https://nacsba.org.uk/news/) agreed the new guidance was a positive development. CBS planning and strategic engagement director Mario Wolf said: “It also, for the first time, includes a clear signal that custom and self-build can bring benefits such as diversifying the housing market, increase consumer choice and bringing innovation in design and construction.” **Awareness of self-build demand to be boosted** Local councils must publicise their self and custom-build registers to raise awareness about demand for this type of house building. The guidance also wants councils to give ‘suitable development permission to enough suitable serviced plots of land’ in their area. Authorities are encouraged to keep an up-to-date list of suitable permissioned land with contact details of the landowner and share this with those on the register. NCSBA chief executive Andrew Baddeley-Chappell said: “The guidance helps to create a positive environment and temper some poor practice, and is a step in the right direction.” The sector looks set to get a further boost when some of the government’s £2.2 bn new loan finance for housebuilders goes towards a new help to build scheme. Most self-builds are self-financed or require large deposits for mortgages offered predominantly by building societies. Alongside this, the £100m brownfield land release scheme is to allocate a large portion of funds to supporting self and custom-build developments. [Bridging advisors Hank Zarihs Associates](https://www.hankzarihs.com/bridging-loan-broker/) said property development finance lenders were keen to support self and custom-build housebuilders. Chief executive Shiraz Khan said the sector was vital to ensure quality and innovation when it comes to [building new homes](https://www.hankzarihs.com/new-build-developer-loans/). Mr Wolf added that the guidance should address “game playing by some councils in how they exercise their statutory duty” which was slowing up development of new sites. Around 15,000 self or custom-build homes are built every year – an increase of 50 per cent in two years, according to current figures. But the government would like the sector, estimated to be worth £4.5bn to the UK economy, to grow more. In Austria, 80 per cent of homes are either self-built or custom-built by the customer, in Australia and the USA, the figure is almost 50 per cent and rising every year. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Alternatives to bridging loans](https://www.hankzarihs.com/alternatives-to-bridging-loans/) **Published:** February 19, 2021 **Author:** Shiraz Khan **Content:** 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 over the next few years so it would also be fair to say that things are looking fairly future proof in that respect. House prices rose be a record amount across 2020 and this is driving huge demand for [development finance across the UK](https://www.hankzarihs.com/development-finance/) with many now getting into developing property for the first time. Not everybody is looking to take a **bridging loan** and so we thought we’d take a look at some of the [alternatives to bridging loans](https://www.hankzarihs.com/alternatives-to-bridging-loans/). Attitudes towards housing have changed massively since 2020 across the UK and that now means that quality housing is in huge demand all across the country and developers are now working hard to bridge that gap. This means that more people than ever are looking for property finance, however, that comes in many forms and many aren’t sure quite where to start. As a [broker and intermediary](https://www.hankzarihs.com/bridging-loan-broker/) we specialise in providing this guidence. Some of our clients assume that a bridging **loan** or bridging loans are the only avenue available to them when they’re looking to start a project but that isn’t the case and there are lots of different types of loans you can access as well as a mortgage or mortgages. ## What other options do I have instead of a bridging loan? So, with that in mind then, what types of loan can we help you with? And what are the other alternatives? ### Residential Property Mortgages If you’re looking to buy or develop a residential property, then there’s the option to take out a mortgage on it first and foremost. If the property is in a good state of repair and you’re looking to live in it or potentially rent it out, then there are a range of options for you. Due to the market being healthy at the moment you don’t necessarily need a huge deposit to get approved for these types of loans, and some will take alternative types of security. ### Commercial Property Mortgage Alternatively, if you’re looking to acquire a commercial property then you could seek to agree a commercial mortgage. These would apply if the type of property you’re looking to buy won’t have you or your family living in it, if you’re buying through a business, if you’re looking to use it for commercial purposes or you’re looking to convert it from commercial to residential. ### Development Finance Rather than just a standard bridging loan or bridging loans, you could look at more specialist types of development finance such as senior debt and mezzanine finance. These are complex finance arrangements but can be right your business if you’re not wanting to look at bridging *finance*. If you wanted to look at these options it’s worth speaking to a broker for further tips. ### Secured Loans Some lenders will allow you to use other assets as security when you’re looking to agree loans. Examples could be your house, as a second charge, or a valuable car or even a boat or other valuable assets that you have. This usually means having the asset valued but as an alternative to bridging finance it can be a good option. ### Savings or Family Alternatively, you could look to dip into your savings if you have some. If it’s a project that you’re confident in and think that it will work then it could be worth backing yourself with **savings** as an alternative to bridging finance. Even if you’re able to supply a much larger deposit this could help in securing better terms on loans, and certainly if you’re confident in your project you could also approach family members to see if they’re able to help. ## Bridging loan calculator To help you decide whether you think bridging loans are suitable for you we’ve provided you with our easy to use **calculator** below. Simply fill out the blank boxes with what you think you’ll need and it will show you what your repayments on these loans could look like, and you’re then able to see if this would be a viable alternative to, for example, a **mortgage**. ### Can I get a bridge loan to downsize? Absolutely, and many of our clients use bridging loans for this purpose. As an example, many clients will use bridging loans to avoid having to wait for a property chain to complete before moving. Once a mortgage is agreed and secured on another property many of our clients then use bridging loans to cover any funding they may need in the meantime rather than, say, dipping into savings. But, of course, bridging loans have many different applications and it’s worth seeking the guidance of a broker. ## Free Bridging loan recommendations Our advisors and brokers are experienced with years in the industry, having financed millions of pounds worth of bridging loans. That means that when it comes to providing recommendations they’re the best in the business and they have knowledge of all sorts of property finance options, whether that’s a mortgage or **commercial** development. Their recommendations is completely free and they’re always happy to help with anything you may need. Sometimes property development finance can be complicated and they’re here to provide you with some clarity. ### Are bridging loans a good idea? That very much depends on your circumstances and how much capital you have, which is why we provide free suggestions. Having said that, broadly speaking, bridging loans tend to be a very good option for thousands of our clients who are looking for short term lending and something to cover a short term situation. Bridging loans often have lower interest, better terms and are more flexible than other types of **property** development finance. ### Are Bridging loans easy to get? In terms of property development finance and more broadly speaking they tend to be much more flexible and easier to agree than more traditional types of development finance. Our panel of lenders tend to take each case on its own individual merits and value your track record much more than say, for example, your personal credit rating. Other types of traditional **development** finance can be quite complicated, laborious and stressful to agree, certainly if a client only has a limited amount of time and things to consider such as stamp duty. Bridging loans, by comparison, tend to offer a much quicker way to get hold of larger sums of money in a much shorter period of time. However, it’s worth speaking to one of our brokers first and foremost to get a better idea of the implications of bridging loans. #### Speak to our advisors today Our brokers have a real wealth of experience and expertise and this means that they’re able to provide the best information in the industry to our clients who are considering a bridging loan or other types of finance. They also work with a huge panel of lenders meaning that there’s a real depth of choice for our clients and it also means we can shop all across the market for you and ensure you’re getting the best rates available. Because we’ve been working with many of these lenders for a number of years it also means they have a great deal of confidence in the fact that we’ll only submit applications to them that they know they can approve. That’s why we provide free advice to our clients before submitting any sort of application and this, by extension, means that we can get a range of exclusive deals and offers from our panel of lenders. More than that, though is the fact that having to individually approach each lender and go over their terms and expectations is extremely time consuming and laborious and stressful. We’re able to take away all of that time wasting and stress and present to you a list of offers and terms that you can then decide on, confident in the fact that you’re being offered the best rates and terms on the market. Over the years, we’ve managed to fund millions of deals and you’re no different, so speak to somebody today and we’ll let you know what we can offer you and how we can help you get the finance and support that you need for your project. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog --- ### [Oxford-Cambridge arc to be UK’s answer to the Silicon Valley](https://www.hankzarihs.com/oxford-cambridge-arc-to-be-uks-answer-to-the-silicon-valley/) **Published:** February 18, 2021 **Author:** Shiraz Khan **Content:** A spatial framework mapping out the route for the Oxford-Cambridge arc to expand dramatically with more than one million new jobs is being proposed by the government. Forecasts suggest with the right investment economic output could grow from between £80.4 billion and £163 billion a year with between 476,500 and 1.1m extra jobs by 2050. Housing minister Christopher Pincher said: “The Oxford-Cambridge Arc is already home to world-leading economic, cultural and scientific assets. “We know for instance Cambridge’s rate of patent applications – a key indicator of innovation – is the highest in the United Kingdom, while nearby Milton Keynes is the fastest growing city in the country.” He said the government wanted to take the region, spanning Oxfordshire, Buckinghamshire, Northamptonshire, Bedfordshire and Cambridgeshire, to the next phase of unlocking its potential. The intention is to establish an Arc growth body to oversee the spatial framework plan to create jobs, drive up investment, enhance the environment and [build more new homes](https://www.hankzarihs.com/new-build-developer-loans/). The region’s population has grown by 17 per cent to 3.7m over the last 20 years and is already home to more than two million jobs. **Housing in key spots to help sustainable development** New jobs have surpassed local plan targets but housing delivery has been insufficient to accommodate the need, according to researchers. Cambridge and Oxford have become pricier putting homeownership beyond the reach of many with population growth highest in cheaper areas such as Corby, Milton Keynes and Peterborough. However, this pattern of growth is regarded as unsustainable leading to longer and more polluting journeys to work. The government is investing in the new east-west rail link to connect Oxford and Cambridge and providing over £400m of housing infrastructure fund to support housebuilding on key sites. It has published a [policy paper](https://www.gov.uk/government/publications/planning-for-sustainable-growth-in-the-oxford-cambridge-arc-spatial-framework) setting out a timeline for developing the spatial framework and how to engage with relevant stakeholders. This spring local partners and the public will be engaged with a possible vision for the spatial framework set to be published for initial public consultation by the summer. Savills head of UK planning David Jackson, said: “This is an exciting time therefore for all those with an interest in the Arc to have a role in shaping one of the most important economic growth areas in the country.” Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said promoting key economic hotspots within the UK post Brexit would be crucial and this was something [commercial bridging finance](https://www.hankzarihs.com/commercial-bridging-loans/) lenders were keen to support. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Government-backed loans for smaller builders not enough, claims industry](https://www.hankzarihs.com/government-backed-loans-for-smaller-builders-not-enough-claims-industry/) **Published:** February 17, 2021 **Author:** Shiraz Khan **Content:** A new stream of construction loans of up to £10m for [SME developers](https://www.hankzarihs.com/development-finance/) has been launched by the government housing delivery agency [Homes England](https://www.gov.uk/government/news/homes-england-and-united-trust-bank-launch-250m-housing-accelerator-fund) and United Trust Bank, UTB. The loans of up to 24 months will offer 70 per cent loan to gross development value, GDV, as opposed to the typical ratios of 59 to 65 per cent. They will be for projects in places with the greatest housing affordability pressures with the maximum house sale price of £800,000. Homes England chief investment officer Gordon More said: “It will help smaller builders get on and build now, as well as improve the lending landscape for SMEs by driving competition in the market, improving choice and encouraging innovation.” The loans are being offered as part of a five-year £250m housing accelerator fund which the government hopes will support smaller builders and drive diversification of the housing market. UTB executive director **Noel Meredith said:** “SME housebuilders have a vital role to play in delivering the UK’s new housing needs and UTB has amassed considerable experience helping such businesses to complete thousands of successful developments. “This alliance will help to reinvigorate and increase diversity in the SME housebuilding sector, and boost housing supply in areas under the greatest affordability pressures.” Applications are being accepted now and prospective borrowers are being urged to contact [UTB](https://www.utbank.co.uk/lending/Housing-Accelerator-Fund/). **New scheme branded insufficient** However, the National Federation of Builders, NFB, said the scheme would have been more helpful if it had helped finance smaller developers through the planning process. NFB housing and planning policy head Rico Wojtulewicz said: “What would have been more sensible would be long-term lending of one to two per cent up to achieving planning and the rest of the funding on delivery of the project. This would have signified they recognise the complexity of getting these projects off the ground.” He said three years ago when Homes England was known as the Homes and Community Agency loans were available to small developers offering up to 80 per cent loan to GDV. He added Homes England needed to offer better rates to smaller developers who had already proved themselves by paying back loans ahead of term. “This will help some SMEs but it’s a drop in the ocean. They are scratching the surface of what could be achieved.” [Bridging finance brokers Hank Zarihs Associates](https://www.hankzarihs.com/bridging-loan-broker/) said development finance lenders were continuing to create new and innovative products to help smaller builders get new projects off the ground. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [What is a “desktop valuation”?](https://www.hankzarihs.com/desktop-valuation/) **Published:** February 16, 2021 **Author:** Shiraz Khan **Content:** 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](https://www.hankzarihs.com/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 of these types of valuations has increased markedly in recent times.![property survey being conducted online](https://www.hankzarihs.com/wp-content/uploads/2021/02/property_survey_being_conducted_online.jpg "- Bridging and Development Finance Solutions") The popularity of these types of valuations has increased along with the popularity of property development with a huge increase in demand for **property** and rising prices over the last 2 years. We’ve all seen the high street changing over the last few years and this is due, largely, to the changing face of how commercial properties and other types of real estate are used and developed. With such a large demand for new types of investments, finance companies have responded by using innovative ways of doing business. There’s been a noticeable increase in property developers since 2019 and, broadly speaking, this still hasn’t managed to keep up with demand for property in that same time so it’s still expected that this will rise further throughout this year and next. ## Example of a desktop Valuation When applying for commercial lending most of our panel of lenders will look to get an idea of what the property’s worth in order to work out how much they’d be willing to lend to you. In order to do this they’ll often ask you to pay for a survey to be undertaken so that a specialist can come out to the property and do an inspection to see what sort of state the building is in, how big it is, what the potential is for development and what sort of area it’s in too. With desktop valuations this can be done digitally without the need to send specialists out for surveys. For example, if you’re looking to take out some bridging finance in order to develop some old retail units into flats or housing before arranging a mortgage, the company will often either ask you to pay for surveys or will send one of their representatives to do it. With desktop evaluations that can be done by asking you to send pictures and evidence, by the company searching the property online and also running those details through software to get a good idea of what the property might be worth on the open market, this then allows them to give you a much more accurate quote for finance. ## Desktop Valuation vs full valuation When it comes to desktop valuations they are used by some lenders as a quick way to underwrite a **loan** working on the assumption that there is enough data available about the property and that it is in a reasonable state of repair. Desktop valuations aren’t as reliable traditional **valuations** for a few reasons. For example, a desktop type of valuation is considered accurate if the property has been sold in the last ten years, the property hasn’t been substantially changed since the last time it was sold, is a relatively standard size and there are a number of other similar properties for sale or sold in the same area. Times when this desktop type of valuation wouldn’t be considered very accurate are if the property hasn’t been sold for 20 years or more, the property is unusual in size or location or if there are very few other properties of its type locally. Your lender will let you know which types of valuations they consider accurate when you reach out to them. ### How much is a desktop valuation in the UK? It varies and will usually depend on which types of surveyors your lenders use and which they’ll accept, but broadly speaking you should expect to pay somewhere between £75 and £200. Again, the lender will give you more information about this, and if you’re unsure speak to one of brokers and they can advise you further. ### How long do desktop valuations take? Typically, a desktop type valuation is instant, or takes a very short amount of time as they’re intended to be done almost instantaneously depending on the information that’s available to them and what you can send to their desk. This is something the surveyors will be able to advise you on. ## What type of properties can desktop valuations be used for? There’s a variety of property types that can use this type of desktop evaluation process. It can also be used for residential in some circumstances but more typically is used for commercial surveys. - Mortgage – If you’re looking to arrange a mortgage for your property then you can ask lenders if they’d be willing to accept a desktop survey. - Re-mortgage – If you’re looking to raise capital from your property and you already have an existing mortgage then there’s the opportunity to try and re-mortgage it, and the chances are you’d want to get a new valuation as it would mean being able to get a higher loan. - New Build – If you’re looking to raise finance on a new build house or get a loan to be able to start one from scratch then you may be able to get the **building** or the land evaluated. - Lease extension – If your property is on leasehold land then extending your lease can increase the value of your investments, an evaluation or survey may be suitable to be able to know the updated value of your investments. ### How accurate are desktop valuations? They’re not as accurate as traditional surveys, but that’s why they’re used for lower risk loans and lending. These types of survey work on some assumptions that a traditional survey wouldn’t do. Location data, other properties of a similar type in the area and photos of the state of repair of the building can be used to make an informed estimate of the value of a building but if you’d rather ask lenders for a traditional survey then you can do that too. ### How do I get a desktop valuation for my property? When you speak to lenders about a mortgage or loan you can discuss with them the possibility of using these types of valuations rather than a traditional type of evaluation. Our team of brokers are experienced in dealing with these types of requests and because we have a large panel of lenders this is something that you can discuss with us at the point of your loan or mortgage application and we can assign an expert to see if there are lenders who may be willing to accept this type of valuation. #### Need finance for your properties? Speak to our brokers If you’re looking to speak to an expert about your finance situation then our team of brokers are at hand to talk to you about anything you need. Due to years of experience there’s always an expert available to talk you through your options and provide you with the advice you need. Because we’ve helped to fund millions of pounds worth of finance and loans over the years we’re qualified to provide the right advice about your application and give you the best possible chance of being approved, whether it’s to buy a building or raise finance on an existing investment we can let you know what’s available. We’ve helped thousands of clients find the right loans because we have a panel of lenders that trust us to provide them with high quality applications that they can approve quickly, and they’re also able to provide us with exclusive rates and deals for our clients. Our advice will help you get your project in the best possible shape and we can help with things like business plans, exit strategies and surveys too. We know what our panel want to see and can ensure you’ve ticked all the right boxes. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog --- ### [Building industry ups the ante to get reverse VAT scrapped](https://www.hankzarihs.com/building-industry-ups-the-ante-to-get-reverse-vat-scrapped/) **Published:** February 16, 2021 **Author:** Shiraz Khan **Content:** The campaign for the government to ditch reverse charge [VAT](https://www.hankzarihs.com/vat-loans/) is mounting with the Federation of Master Builders, [FMB](https://www.fmb.org.uk/news-and-campaigns/press-releases.html), claiming two-thirds of SMEs believing it will damage cash flow. Scottish National Party MP Kirsten Oswald has already tabled an early day motion calling for the controversial new regime to be dropped. FMB chief executive Brian Berry said: “This is a damaging policy being introduced at the worst possible time for builders. By removing the flow of VAT money between businesses in the construction supply chain, four in ten builders say this will have a ‘significant or moderate’ impact on their cash flow.” The new regime was to have gone live in October 2019 but was deferred to 1st March 2021 following industry lobbying. The new policy means no-one in the supply chain can [invoice](https://www.hankzarihs.com/invoice-finance-broker/) for VAT and pass the money on later to the tax office. Build UK has told the government that many SMEs are fighting to consolidate their cash flow following the pandemic and the effects of leaving the EU. It has set up a Twitter hashtag [\#StopReverseVAT](https://twitter.com/hashtag/StopReverseVAT?src=hashtag_click) to channel responses from affected construction companies. The organisation calculates that for companies that submit quarterly VAT returns they will need an extra five per cent of annual sales to compensate for the loss of cash flow. Firms who submit monthly returns will need an extra three per cent of annual sales. “The introduction of the charge at this time will put jobs and businesses at risk and may result in companies that survived the Covid-19 outbreak and the UK’s withdrawal from the EU being undone by this additional burden,” said Build UK deputy chief executive Jo Fautley. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said that property [development lenders](https://www.hankzarihs.com/development-finance/) would be there to support SMEs experiencing cash flow hardship. **Licensing builders holds key to tackling fraud** The new policy is being introduced to tackle missing trader scams where fraudsters import goods VAT-free from other countries and then sell to domestic buyers charging them VAT. City Lofts London director Deepak Sing Udassi believes a mandatory licensing scheme for the construction industry would be a better means for tackling the issue. “Due to the little to no regulation in the industry, rogue traders are able to operate freely, to the detriment of consumers and reputable businesses like mine. “Licensing would also drive-up standards, professionalism and the reputation of the industry, which is clearly not well regarded across Whitehall as demonstrated by this punitive policy.” Elland and Steel Structures Ltd managing director Mark Denham said: “If this initiative is applied from 1t March, it will be the ‘final nail in the coffin’ for many sub-contractors both big and small. “Reverse VAT penalises good honest companies that have continually paid their VAT on time.” Build UK is calling on all firms in the supply chain to write to their MPs to request support for the forthcoming early day motion. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Converting commercial property to residential](https://www.hankzarihs.com/converting-commercial-property-to-residential/) **Published:** February 11, 2021 **Author:** Shiraz Khan **Content:** 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, industrial units and other types of business premises had been changing use slowly but surely anyway and taking a walk down your local high street will give you an indication of how popular this is already. Changing the use of commercial property into residential is lucrative too. When done correctly in the right area, there’s plenty of money to be made wither by converting the property and selling it straight away or converting it and renting it out as a landlord. This decision will have implications if you’re looking for finance too, as we’ll explain in greater detail. ## What is planning permission? ![property mortgage for residential and commercial landlords](https://www.hankzarihs.com/wp-content/uploads/2021/02/property_mortgage_for_residential_and_commercial_landlords.jpg "- Bridging and Development Finance Solutions")When you’re looking to convert any type of property, you’ll need the nod from the local authority to do so. This is known as planning permission and in most circumstances, you’ll need to submit your plans for converting the commercial property, residential property or any significant conversion for approval. On most occasions it’s fairly straight forward to get planning permission for your property or your development, however, it’s always worth checking with your local authority and getting in touch with their planning department early. ### Do I need planning permission? The short answer to that is, probably, yes. There are some very specific circumstances which you may not need to apply for permission when converting your property, however, these are quite specific and limited. It’s worth talking to your local authority beforehand. There are things known as Permitted Development Rights (PDRs) which are granted by Parliament rather than local authorities, however, the chances that you’ll be able to use this are slim. ## Step One You’ll need to check what type of property it is and whether it’s eligible to be converted into residential property. The vast majority of commercial properties are eligible for a residential conversion, however, there are circumstances where they’re not. If it’s in a conservation area, for example, a national park, an area of natural beauty or listed buildings. Before you purchase the commercial property or set concrete plans it’s worth checking that these exceptions don’t apply first. ## Step Two You’ll need to figure out what type of activity the commercial property is used for. This should be a number of things. Shops, for example, might be categorised as Class A. The list of classes is: - *Class A –* This class is for shops, restaurants, and businesses that provide professional services - *Class B –* This class is for offices, storage facilities and warehouses - *Class C –* This class is for residential properties, and places of habitation, for example, hotels and care homes. - *Class D –* This is for miscellaneous commercial properties such as schools, doctor’s surgeries, cinemas, and leisure facilities. When you apply for planning permission, you’ll essentially be applying to change the class, and use, of the building from commercial to residential. ## Step Three You’ll need to figure out if you need planning permission. It’s true that when you’re planning to convert some types of commercial property you don’t technically need to apply for planning permission, however, these are only in very specific circumstances and you should assume that you do need it and should contact the local planning department to seek their advice. ## Step Four Now would be a good idea to sort out your finance or mortgage situation. There are a number of options, such as a mortgages designed for a landlord, or bridging finance whilst you convert the building before arranging a mortgage or mortgages. We have an experienced team of brokers that can act as an intermediary on your behalf as a landlord or developer and confirm your options with you, which could include mortgages. ## Step Five Finding the right property that meets all of these criteria is key. Not all conversions will be appropriate for your plans. An office building, for example, may be in a key location but is it a listed building? Commercial property comes in many forms and, for example, industrial property may be harder to renovate or use for conversion. You need to figure out what you’re looking to do with the property in terms of are you looking to immediately use the property for conversion and then sell? Or are you looking to keep hold and use it for residential purposes and rent them out? These questions will inform your decision of what type of commercial property will suit your needs. ## How to change use from commercial to residential Primarily your budgeting will be key for converting a commercial property or premises. There will be, for example, solicitors’ fees, planning costs, architect costs and building costs. It’s crucial to have some kind of plan not only so that you know your timescales and the amount of money you’ll need, but because if you seek finance at a later point most lenders will want to see this level of detail. Once you’ve sourced the commercial property you’re looking at for development, it’s then time to get in touch with the relevant solicitors and planning departments to see what level of detail you’ll need to provide to be approved, and then to get in touch with an architect who can develop the plans for you, before sourcing a builder. ## Do I need Planning Permission under Permitted Development? The Town and Country Planning (General Permitted Development) (England) Order 2015 states that you don’t require planning permission for “The enlargement, improvement or other alteration of a dwellinghouse.” The general advice is, however, to ensure that you speak to the planning department at the local authority first. ### Commercial to residential conversion cost The cost of [development for a commercial property](https://www.hankzarihs.com/development-finance/) can range hugely. If, for example, you’re developing a small office block then there are things to consider such as fire regulations and the need for each flat or dwelling to have its own lockable door. These regulations are usually best discussed with a solicitor, and a reputable builder can help give you a better idea and potentially quote you a rough cost. ### Are there any grants for converting commercial property to residential? In some very specific and strict circumstances you could possibly eligible for a grant from the local authority if the property could be classed as an empty property. This is at the discretion of the local authority and there are strict terms, but you can usually find out if the property is empty or abandoned and therefore possibly eligible via the land registry website. ### Work out office to residential conversion cost per square foot You can use a quite simple mathematical process to work this out, and some lenders may ask you for your projected costs in this way. First, you’ll need to work out the Gross Internal Area (GIA) in square feet. You’ll then need to take away lobbies, stairs, toilets, etc that are required to stay and take it away from the GIA, which will give you a Net Internal Area (NIA). Work out how much of your space is useable, so that’s how much can actually be used for flats and dwellings, and then work out how big you want your flats to be. Take your GIA and divide it by your costs, and then deduct your profit margin and this should give you a good idea. ## Different ways to fund the conversion There are a number of ways you can fund a housing project or commercial property of this type, such as a mortgage broker or bridging loan. ### Bridging loans Bridging loans are a type of loan that are designed to be short term. This could cover, for example, the initial cost of buying the land and materials before then agreeing a mortgage for your commercial property conversion at a later date. This type of loan is ideal for developers who need quick access to initial funding and our brokers can talk you through the process. ### Self funded If you have deep pockets and a good supply of cash at hand then this can be a good option, however, it’s probably worth keeping finance options open for unforeseen costs that can arise through the project. ### Property mortgage Some lenders may be willing to fund your entire project with a mortgage if you’ve got a decent sized deposit and a good track record as a developer, however, different lenders have different requirements so it’s advisable to speak to a broker or intermediary who can discuss this with you and let you know what you’ll need to be approved. Our team of experienced brokers can give you the advice you need from start to finish. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog --- ### [How to Set Up an SPV Ltd. Company](https://www.hankzarihs.com/how-to-set-up-spv-limited-company/) **Published:** February 11, 2021 **Author:** Shiraz Khan **Content:** 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 also a large part of these types of investments as getting good advice from an accountant often leads our clients towards considering this type of product and this type of arrangement. It also tends to be the case that as our clients become more experienced and expand their portfolios that they then look into creating these types of financial arrangements. Originally quite a niche product, SPVs have become increasingly popular recently with many mortgage lenders and finance companies now happy to lend to SPVs and in some cases actually preferring an SPV company rather than individuals. SPVs can be used for a range of things, such as handling the transfer of an asset or a loan from company to another. In this context, however, an SPV limited company is used to purchase property and, more specifically, to obtain a mortgage or lending as a corporate entity rather than as an individual. You can set up an SPV through your accounts, solicitors or by simply paying £12 and registering through the companies house website. ## What is a SPV? ![spv limited company for buy to lets property investors](https://www.hankzarihs.com/wp-content/uploads/2021/02/spv_limited_company_for_buy_to_lets_property_investors.jpg "- Bridging and Development Finance Solutions")An SPV is simply a way of using a limited company to purchase, manage and operate a property portfolio as opposed to doing this yourself. Most of our clients use this type of LTD company because it tends to make things more tax efficient and many mortgage and finance providers now offer products for them and, in some cases, prefer to deal with them. ### What does SPV stand for? SPV stands for Special Purpose Vehicle and this indicates that the company is used for a special and specific purpose which, in this context, is for the purchase and management of property or a property portfolio with a number of different developments being kept under one portfolio. ## Setting up an SPV company An SPV limited company is really easy to set up and no more complicated than setting up a standard limited company. You can instruct your solicitor or accountant to do this for you or you can do this yourself through the companies house website at a cost of £12. As with a normal limited company you’ll need to appoint a director and you will be given the relevant reference numbers and you’ll need to register an address for the company. It can be called whatever you want it to be, but for the purpose of getting lending the purpose of the limited company should be nothing other than the ownership and management of property. ### What is a SPV limited company SIC code? The Standard Industrial Classification of Economic Activities (SIC) is used to classify businesses depending on what type of activity they engage in, in this case it will likely be property and Buy To Let (BTL) Examples include - 68100 Buying and selling of own real estate - 68209 Other letting and operating of own or leased real estate - 68320 Management of real estate on a fee or contract basis ### SPV vs limited company Setting up an SPV limited company rather than a standard limited company has its advantages and many lenders consider an SPV to be less risky than lending to a standard limited company because the SPV has a specific and specialist reason to exist rather than, say, a manufacturer who wanted to borrow money to buy their commercial premises. In the scenario where the standard limited company, say the manufacturer, wanted to borrow the money as a standard limited company, there is an increased chance that the limited company could go bust and be unable to repay the money that they’d agreed, whereas if that manufacturer were to create a specific SPV just to borrow money against commercial property and manage it, that chance is reduced. ## Tax Benefits of an SPV company One of the main reasons that our clients tend to create an SPV is that it tends to be more tax efficient when they’ve got a property portfolio rather than having to declare their income and tax through self-assessment or as a sole trader. ### Personal tax liability One of the benefits of an SPV rather than a ltd company is that if you use a standard company rather than an SPV company, this can have implications for your personal tax if you make a profit or income from a standard company, whereas with an SPV it’s much easier to simplify things and ensure that your personal tax liability isn’t affected. ### More likely to be accepted Another benefit is that lenders and mortgage providers are much more likely to offer you finance as an SPV company rather than a standard company. This is because your specialist company is designed specifically to manage properties and as such is seen as less risky. This can also then be relevant when it comes to declaring taxes as you’re not personally borrowing the money. ### Specialist lending Using an SPV broadens your horizons in terms of what type of specialist property lending you’re eligible for. For a start, many companies now actively seek out this type of company to lend to due to risk factors, but also a finance company that lends to an SPV is more likely to have the experience and knowledge to cater to your needs. These types of property company lenders are also more likely to be able to make your lending tax efficient. ## Disadvantages Setting up this type of company can also have its disadvantages too, and often it requires experienced property contractors and people with good knowledge of the tax implications to make the most of it. ### Complexity Setting up this type of umbrella property arrangement can be quite complex and the best piece of advice if you’re considering it is to seek advice from somebody with experience who can talk you through the process. Using this type of arrangement for an investment property can cause other issues if you have other businesses so we recommend speaking to a broker. ### Property income Using this type of vehicle for a property investor is often a good idea but it’s worth keeping in mind that you can’t use it for anything else other than the management of property. The income and outgoings through this vehicle can only be related to the properties within it and misuse of this type of business can cause you problems. ### Specific finance terms Using an umbrella company is preferrable when it comes to tax implications, however, the terms of any mortgage or finance arrangement will follow quite narrow terms that you’re unable to deviate from. For example, if you have an existing umbrella arrangement in place that used to deal with anything other than property you will have to prove that you only intend to use it for property in the future. #### Speak to our team to learn more about property financing For property finance and services, we’ve got years of experience in the industry and the market and although these arrangements can be complex we can help you package together your application and your business arrangements to make the process as simple as possible. For a property investor this process can take up huge amounts of time and resources if you were to approach lenders separately, whereas we have a large panel of experienced lenders whom we have a great working relationship that allows us to offer exclusive rates and deals to our clients. We can help you from start to finish and ensure that your application is the best it can be to ensure that our panel will lend to you, whether that’s for a specialist vehicle or for an individual or for a standard outfit. We can provide advice about which may be the best option for you and also help you out with other products that may suit you. We can advise on tax implications as well as tax efficiency and help you to understand the lending market better. Our lenders have funded millions of pounds worth of development across the UK over the years and have the specific financial experience to help you with your investment and your property portfolio too. Our team of brokers are waiting to give you the best possible advice for you and your project so why not get in touch today. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog --- ### [New common standard to speed up tendering process](https://www.hankzarihs.com/new-common-standard-to-speed-up-tendering-process/) **Published:** April 13, 2021 **Author:** Shiraz Khan **Content:** **Major contractors are rolling out a new common assessment** standard **aimed at radically reducing the £1bn spent a year checking out supply chain providers.** Balfour Beatty, Costain, HS2, Mace, Multiplex and Skanska have signed up to the new **pre-qualification system where just one certification is required for tenderers.** Build UK deputy chief executive Jo Fautley said: “It’s been a collaborative effort, involving companies across the whole sector, and the new system is a huge step towards more efficient working, which is more important than ever in the current challenging economic climate.” The new system is thanks to a new data-sharing solution enabling contractors and clients to obtain key pre-qualification data from recognised assessment bodies: Achilles, CHAS and Constructionline. The common assessment standard is an industry-agreed question set with two levels of certification – desktop and site-based. Companies can apply to any recognised assessment body to get the appropriate level dependent upon their trade, size and requirements of their clients. **Government set to adopt new standard** Build UK created the new system with the support of the Civil Engineering Contractors Association. The Construction Leadership Council, CLC, is seeking its adoption throughout government construction procurement including the construction playbook. Interim cross-industry body chair, Neil Mant, who has overseen the development of the new system, said: “We have not only eliminated a huge amount of costly duplication of effort but also raised the bar in assessing the competence of the supply chain.” CLC chair Andy Mitchell said: “It is a real and practical way of reducing bureaucracy and improving quality in the industry and it comes at just the right time. Companies will be able to demonstrate that they meet an agreed industry standard, and clients and contractors will be able to rely on the certification.” [Quick bridging loan](https://www.hankzarihs.com/fast-bridging-finance/) brokers [Hank Zarihs Associates](http://www.hankzarihs.com) said [property development finance](https://www.hankzarihs.com/development-finance/) lenders were keen on any new measures which speeded up the tendering process for builders. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Power station redevelopment plans gets the green light](https://www.hankzarihs.com/power-station-redevelopment-plans-gets-the-green-light/) **Published:** April 13, 2021 **Author:** Shiraz Khan **Content:** A disused coal-fired power station in Staffordshire is set to be redeveloped to offer 2,300 new low carbon homes and a school. Cannock Chase and Lichfield district councils granted outline planning permission for energy and redevelopment specialist ENGIE, who own the 139-ha brownfield site, to press ahead with the mixed [development](https://www.hankzarihs.com/development-finance/). ENGIE UK & Ireland’s divisional chief executive Colin Macpherson said*: “We have been in positive and productive communication with all the relevant local authorities and local residents for many years now; as we pushed to drive forward with a powerful proposal that would enrich the local area and inject new homes, jobs and opportunities after the closure of the power station.”* Initial work will start to the north of the development, where the coal yards are. Remediation will begin next month and should finish by the end of 2022. The cooling towers are due to be demolished on 6 June 2021, which will mark a milestone for the start of the redevelopment. Infrastructure work is to begin this autumn with housing parcels allocated following remediation. Cannock Chase council interim managing director Bob Kean said: “As we recover from the pandemic the development of the former power station site becomes hugely significant for us. It is one of our main economic objectives in our new corporate plan and will help us realise our ambition to be a carbon-neutral district by 2030.”* The wider Rugeley masterplan includes more than 12 acres of employment space and a new country park alongside the River Trent. ENGIE has incorporated significant local commitments as part of the section 106 agreement, including the delivery of a new neighbourhood centre and dentist facility. Brokers [Hank Zarihs Associates](http://www.hankzarihs.com) said the low carbon development was an innovative one and just the [type of project development finance](https://www.hankzarihs.com/types-of-development-finance/) lenders would be keen to back. ENGIE is exploring how it can support and enhance amenities for several locally loved fixtures including the model railway, local allotments and the canal. The former 1GW power station closed in 2016 due to challenging market conditions and competition from cleaner sources of energy, marking another milestone towards the UK closing all its coal-fired power plants by 2024. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Housebuilding surge fuels six-year high construction rise](https://www.hankzarihs.com/housebuilding-surge-fuels-six-year-high-construction-rise/) **Published:** April 9, 2021 **Author:** Shiraz Khan **Content:** UK [construction](https://www.hankzarihs.com/construction-loans/) activity boomed in March with the purchasing managers’ [index](https://www.markiteconomics.com/Public/Home/PressRelease/4a92082b9ed14581a5de137af3ca6e5b?s=1) reaching 61.7 – the highest reading since the second half of 2014. This was a sharp rise on February’s 53.3 figure and significantly above the 50 no-change status with housebuilding the best performing category at 64 – the fastest growth since July 2020. Chartered Institute of Procurement and Supply group director Duncan Brock said: “This upturn led to a significant boost in hiring levels with the fastest upturn in job creation since December 2018 offering a clear sign that companies are feeling more positive in planning for [new builds](https://www.hankzarihs.com/new-build-developer-loans/) and refurbishments of current properties.” Strong activity increases were also seen in commercial construction, 62.7, and civil engineering, 58, in March, the highest index readings since the second half of 2014. Survey respondents commented on higher workloads due to greater spending on [residential](https://www.hankzarihs.com/residential-bridging-loan/) construction work and rising new home sales. There were also reports of a boost from major infrastructure projects and mobilisation of delayed initiatives in hospitality, leisure, and office development. Growth projections were the most upbeat since June 2015, reflecting confidence in the UK economic outlook, the improving pandemic situation and pent-up demand. [Hank Zarihs Associates](http://www.hankzarihs.com) said lenders had noticed that requests for development and refurbishment finance were buoyant. **Supply constraints point to higher material costs** But higher demand for construction products and materials has contributed to longer wait times. Around 41 per cent of the index survey panel reported longer delivery times from suppliers in March, while only one per cent saw an improvement. Supply constraints and logistics issues were commonly reported by construction companies, especially for imported items. The Construction Leadership Council, [CLC](https://www.constructionleadershipcouncil.co.uk/news/construction-product-availability-statement/), is advising builders to plan ahead as shortages for products and materials are expected to intensify over the next two to three months. “All users should plan for increased demand and longer delays, keep open lines of communication with their suppliers and order early for future projects,” said the CLC’s product availability working group. It pointed out that not enough timber was being produced and that other countries such as America and China were paying more to secure supply. Plastics, cement and aggregates, steel, roof tiles, bricks and imported products such as screws, fixings, plumbing items and sanitaryware are all scarce. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [How does auction finance work?](https://www.hankzarihs.com/how-does-auction-finance-work/) **Published:** April 8, 2021 **Author:** Shiraz Khan **Content:** As the UK property market has flourished in the wake of the pandemic, and with global equity markets and traditional investment vehicles volatile, it has meant that many investors are now turning to the UK market and are looking more specifically at opportunities that may arise from auction properties and property that can be renovated. This has also meant a great deal more interest in property auctions and the potential they hold as an investment opportunity. Many auction houses are seeing record traffic and interest from buyers and investors, and subsequently, people also looking for finance for these investment opportunities. In quite simple terms, to buy a property at auction you must pay a 10% deposit on the property on the day that you win it, and then in the vast majority of circumstances the remaining balance must be paid within 28 days. A lot of our clients comes to us because they are unable to arrange a mortgage in such a short space of time, and so require short-term finance, or [auction finance](https://www.hankzarihs.com/auction-finance/), in order to cover the gap. We ourselves have seen a marked increase in interest in taking out auction **finance** in order to fund a property purchase, and so we’ve put together a short guide for you here to talk you through the process and answer the question [how does auction finance work](https://www.hankzarihs.com/how-does-auction-finance-work/)? ## Step One ![auction property finance](https://www.hankzarihs.com/wp-content/uploads/2021/04/auction_property_finance-1024x769.jpg "- Bridging and Development Finance Solutions")The first step is to speak to one of our brokers or advisors about your finance options. They’ll need to understand what sort of price range you’re looking at purchasing as well as what sort of deposit you have available. Usually, this type of loan will cover up to 75% of the auction or open market price, whichever is lower, so that means you’ll need at least a 25% deposit before even looking at properties. Once we can broadly understand your circumstances, your financial position, and your history, we can help you decide your price range. ## Step Two Once you’ve understood your budget and what you can qualify for you can decide on your next step of whether you’d like the finance, or *auction* finance, to cover the cost of the 10% deposit on the day or whether you’d like to use your own money. If you’re looking at using finance to pay for the deposit on the day then you’ll need to agree something in principle with one of our panel of lenders, as well as the arrangement fee, before attending an auction and bidding. If you’re looking to use your own money then you can attend an auction, bid, and pay your deposit on the day and come to an agreement in principle afterwards. ### Step Three Depending on your choice in step two, you’ll now be in a position where you’ve won your auction and paid the initial deposit on the day. Once that’s done, the next stage is to finalise the paperwork, complete all the necessary admin and then have the funding transferred over to you so that you can repay the remaining balance on the property. The property then becomes yours, and the finance company will usually take out a first charge on the **property**, meaning that if you fail to repay the loan, they have the property as security. ## Now you need funding for auction properties It’s important to understand what you’ll need before you can make an agreement in principle. Any auction finance company will want to know some details about you. They’ll want to know firstly how much cash you have available for a deposit, and whilst this can vary between different finance providers, it’s useful to work on the assumption you’ll require at least 25% of the property price. Then the loan company will want to know how you intend to repay the loan. Are you looking to flip the property straight away after some minor renovations? Are you going to be arranging a mortgage? It’s important that you know how you’ll pay the loan back. ### Auction Finance calculator To help give you an understanding of how much this type of loan auction would function, we’ve included a handy [auction finance calculator](https://www.hankzarihs.com/auction-finance-calculator/) that will allow you to change the amount, term, and interest rate to get a better idea of what it would cost. ### Our brokers can help arrange finance for buying at auction We have a team of extremely experienced brokers who can help you every single step of the way, so it’s highly recommended that if you’re interested you get in touch with them first. ### Can I buy a property at auction subject to finance? Yes you can, but as mentioned earlier, many auctions will expect you to pay a holding deposit on the day, so you need to be confident of the outcome and that you’re in a good position to complete your finance once the property has been purchased. If you’re unsure you should speak to a broker first. ### Does 100% Auction finance exist? In short, no, in that it’s far too risky for most lenders to offer [bridging loans](https://www.hankzarihs.com/bridging-loan-broker/) or a loan to fund an auction property to 100% of the value of the property at auction or on the open market, you’ll need a deposit in the vast majority of cases. #### Speak to our brokers about loans for auction property today! We have a team of highly experienced brokers and advisors who can talk you through this process in greater detail and help you all the way. We’ve got a huge and diverse panel of lenders who can offer our clients great and exclusive rates and terms on a loan or *bridging loan*. Why not pick up the phone or email one of our team today who can answer any and all of your questions about how we can help, and remember, in many cases we can have your loan arranged within a matter of days, so if you’ve seen a property you’re keen on then don’t waste any time. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog --- ### [‘Location, location’ no longer key for house-hunters](https://www.hankzarihs.com/location-location-no-longer-key-for-house-hunters/) **Published:** April 8, 2021 **Author:** Shiraz Khan **Content:** An office and a garden have overtaken closeness to a station, shops and restaurants when it comes to choosing a new home, according to research commissioned by Wayhome. Censuswide surveyed 2,175 renters and homeowners revealing people’s priorities had changed with space and closeness to parks becoming the most enticing qualities of a property. Wayhome chief executive Nigel Purves said: “When you’re narrowing down your search for the perfect home to rent or buy, most of us will have a wish-list, usually split into the ‘essentials’ and ‘nice-to-haves’. “Our report makes it clear just how far these wish-lists have changed as the pandemic rolled on. In most cases, we’ve seen a complete reversal, with potential renters and homeowners prioritising the things that would make living and working in that space the most comfortable and fit for purpose.” More than a quarter of respondents said enough room for a proper office was critical with this rising to 30 per cent for parents and 22 per cent for those without children. Nearly a third of all homeowners and renters wanted more space in general with a quarter saying a bigger bedroom was necessary. More than a third said access to a private garden had become increasingly important with over half of those aged 55 rating this as critical. Younger house hunters were less bothered with 35 per cent of 24 to 42-year-olds and 43 per cent of 43 to 54-year-olds citing a garden as essential. Just over a fifth felt living near a public garden or green space was important. **Bijou city centre homes’ attraction wanes** A quarter of women rated being close to friends and family as important compared with 17 per cent of male respondents. Only 14 per cent said it was key for a property to be close to public transport with 17 per cent citing an easy commute as vital. Proximity to shops and restaurants was important for 17 per cent of those surveyed. “With the end of lockdown in sight, now would be an opportune time for the industry to reassess the actual needs of renters and homeowners post-pandemic and support innovative and alternative routes that get more people onto the property ladder,” said Mr Purves. Brokers [Hank Zarihs Associates](http://www.hankzarihs.com) said development and [property refurbishment](https://www.hankzarihs.com/refurbishment-finance/) finance lenders were keen to back projects with generous living space given that some element of remote working was likely to continue post the pandemic. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Types of development finance](https://www.hankzarihs.com/types-of-development-finance/) **Published:** April 7, 2021 **Author:** Shiraz Khan **Content:** Since the end of 2020 we’ve been seeing a noticeable increase in the amount of enquiries we get from clients asking about the types of development finance they may be able to access from our panel of development finance lenders. This appears to be in response to the explosion in popularity of property development across the UK, with demand having increased hugely in the Private Rental Sector (PRS). Many landlords and investors are now seeing the potential and success in the UK property market and have decided to either take on opportunities or grow their presence in the market. This has also meant that finance companies are now becoming much more diverse in the types of loans they’re offering and the types of development finance they’re providing to their clients. Here we’ve put together a quick breakdown of the most popular [types of property finance](https://www.hankzarihs.com/types-of-development-finance/) for you so that you have some more detail. ## Residential development finance This is more or less self explanatory in that this is **finance** designed for developers who are either building, renovating or converting property that’s intended to be used for residential use. Many of our clients who are developing residential property are either building from scratch on land they’ve purchased, converting an existing property into smaller flats or maisonettes, or renovating a property that is in a poor state of repair back to an inhabitable state. The type of development will also depend on the term and length that you’re looking for. As an example, if you have land but want to build a number of residential properties, you may opt to take out bridging [development finance](https://www.hankzarihs.com/development-finance/) that will cover the cost of materials, an architect and builders before selling the properties on, or you may opt to keep the properties to rent and then arrange a mortgage for after the completion of the project. Similarly, clients who are converting an existing building into smaller living spaces may look to take out shorter term bridging development finance before selling or then arranging a mortgage later down the line. ## Commercial development finance Commercial development finance, again, could be considered fairly self explanatory in that this is development finance designed to construct, convert or renovate **property** that’s intended for commercial or business use. It could also be considered commercial development finance if you’re applying for funding as a business, as this wouldn’t be covered as consumer finance and also wouldn’t likely be covered by FCA regulations. Many of our clients use these finance types similar to residential development finance in that they will acquire shorter term finance to develop their project before completing it and then arranging longer term finance such as a mortgage. ## Second charge development finance Second charge finance is slightly more specialist as it means that the property you’re using as security against your loan isn’t fully paid off, or there’s still an outstanding debt on it, such as a mortgage. We have a panel of lenders that are keen and willing to lend on this basis, but there are often other criteria they’d like you to meet. For example, if you’re developing properties they often like to see that you’re experienced and have a record of success from previous projects to give them confidence that you’ll finish on time and that your project will be completed in order to repay your loan as agreed. ### Development finance calculator ![finance for buying property](https://www.hankzarihs.com/wp-content/uploads/2021/04/finance_for_buying_property-1024x688.jpg "- Bridging and Development Finance Solutions")We’ve included a handy [calculator](https://www.hankzarihs.com/development-finance-calculator/) for you to play with to see how much you may qualify for in a loan, and what it may cost you. It’s designed to give you an illustrative example, however, if you’d like to discuss this in more detail then we have an experienced and friendly team happy to talk things over with you. With our calculator you can change the measures to dictate the amount of the loan, the interest, the term and the deposit you have. ### Various types of property development funding Although we’ve highlighted and illustrated some of our most popular types of development finance here, it’s important to understand that there’s are lots of different forms of funding you can get for property development, and which is suited to you will very much depend on the type of project you’re working on. The best advice is to speak to one of our brokers or agents to get more details and go into more detail about you and your project. ### Development finance examples As an illustrative example, a client purchases a property for £100,000 but it isn’t in an inhabitable state, and with renovation works should quickly be able to be sold on for £175,000. Our client takes out a bridging development loan for £25,000 in order to carry out these works and anticipates that this will take 2 months to complete. ### Development finance rates As with any type of finance or loan, this will very much depend on your situation, your credit history, your experience and the type of development you’re trying to build. Having said that, development finance will typically be anywhere from 0.5% to 1.5% per month. #### Speak to one of our development finance brokers We’ve spent years putting together a team of highly experienced and highly skilled brokers and advisors. They know what our clients need in order to get approved for this type of finance and can offer you some of the best advice on the market. We also have a panel of lenders that we’ve spent years cultivating and building relationships with. They’re able to offer our clients exclusive rates and terms on development finance and other types of lending. We’ll be able to talk you through every single step of the process and ensure that your application is dealt with as swiftly as possible so that you can get on with what you do best, developing property and running your business. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog --- ### [What is development finance?](https://www.hankzarihs.com/what-is-development-finance/) **Published:** April 1, 2021 **Author:** Shiraz Khan **Content:** A great deal of our clients work within property development, and so we tend to deal a lot with development finance, and many at first ask us, what is development finance? With the hugely impressive performance of the UK property market over the last few years, many more investors, businesses and individuals are getting involved in property development, and this can take many forms. For example, many of our clients will purchase a larger residential property and re-develop it into flats, or they’ll purchase a property at auction that’s in a state of disrepair and to development work in order to bring it up to a good standard to either sell it straight on or rent it out. In its most simple form, **development** finance is simply a form of short term lending that provides funding for investors to develop properties before either selling them or renting them out as a landlord, or arranging for longer term financing such as a mortgage. There are a few forms of [development finance](https://www.hankzarihs.com/development-finance/) that we’ll run you through, with some more information on what’s involved, and we’ve also included a calculator for you to get a better idea of what the costs could be. ## Who would use development finance? ![property development bridging loans for UK business](https://www.hankzarihs.com/wp-content/uploads/2021/04/property_development_bridging_loans_for_UK_business-1024x682.jpg "- Bridging and Development Finance Solutions")Mainly, you’ll find that it’s **property** developers who use this type of loan or finance in order to bring their investment properties up to a high enough standard to either sell on the property for a good profit quickly, or to then arrange longer term finance such as a mortgage, as many high street or traditional lenders won’t lend against a property that isn’t inhabitable. Many of our clients also find that they come across a great property investment and require quick access to capital in order to make the most of it. Most typically, we find that developers will purchase a piece of land and use development finance in order to build on the land before selling the properties on. We also find that our developer clients will purchase an old commercial property, for example, and convert it into residential properties, and due to the fact that financing such a project can be problematic with many high street banks, they finance it through a shorter term deal with one of our lending panel. We also have clients who will develop a large residential property into smaller flats or maisonettes, and in order to do the initial building development work they require shorter term access to funding and finance. In truth, however, development finance can be used for a large range of property projects, and if you’re unsure about whether it’s the right thing for you, it’s usually worth getting in touch with one of our brokers or advisors. ### How does development finance work? So [how does development finance work](https://www.hankzarihs.com/how-does-development-finance-work/)? After speaking to one of our brokers we’ll want to understand more about your project and what you’re looking to achieve. Are you looking for development finance to build on land from scratch? Are you looking to develop a commercial property into residential? Once we understand your development we’ll then want to know how much you think you’ll need and what you’re planning to use it for. For example, if you’re looking for £250,000 to build 2 residential properties, what do you expect to spend it on? Building materials, architects? That detail is important. Once we’ve understood that level of detail we’ll be interested in knowing when you think you’ll be able to repay the loan, and how long you think your project will take so we can understand the length of the loan you’re applying for. Finally, we’ll need to know a bit more about you and your background. We’ll need to understand what your credit history is like, whether you’re applying as an individual or a business, and whether you’ve undertaken this type of project before. Our panel of lenders look favourably on developers who have good experience or a track record of success. Once we’ve established these details we’ll submit your application out to our panel of lenders and get you some agreements in principle, and you’re then able to take a look over these and see which you feel suits your needs the best, at which point we will have you sign the paperwork and have the funds released to you. ## Types of development finance Generally speaking there are three types of development finance, and which of these categories you fall into will depend on what type of project you’re looking to work on. Here’s a quick breakdown. ### Residential [Residential finance](https://www.hankzarihs.com/residential-bridging-loan/) is fairly self-explanatory in that you’d be taking a development loan in order to develop a property that’s intended to be used for residential purposes. This can of course come in different forms. It may be that you’re building a residential development on land that you’ve purchased or are looking to purchase. Alternatively you could be developing or converting an existing residential property. This type of property development finance can be regulated by the FCA if you’re accessing the finance as a consumer, but not if you’re doing it as a business venture. Similarly, although obvious, residential applies to property that people will live in. ### Commercial [Commercial loans](https://www.hankzarihs.com/commercial-bridging-loans/) for development would be for when you’re looking to either build, convert or refurbish commercial property that will be used for commercial or business use. It may also apply if you’re taking out the finance as a business, however, our brokers and advisors will be able to give you further details about these loans. ### Mezzanine A [mezzanine loan](https://www.hankzarihs.com/mezzanine-finance-lenders/) is a highly specialised type of loan and these bridging loans are only really appropriate for more experienced developers. Essentially mezzanine finance will be used as bridging between the borrowers deposit and the senior lender. It can also be used as top of finance if unexpected circumstances crop up in between. ## Check out our development finance calculator Here we’ve included a [development finance calculator](https://www.hankzarihs.com/development-finance-calculator/) to help you get a picture of what you may qualify for, what it may cost and what your repayments may look like. It’s fairly straight forward and you’re able to play with the length of the loan, the interest rate, the amount and the deposit you have. This can give you an illustrative picture of the cost of this type of loan, however, if you’re looking to discuss this in more detail then you should get in touch with a broker. ## Development finance examples Here are a few examples of what this type of loan might be used for, and the cost. One of our clients has bought a piece of land is looking to borrow £500,000 to cover the cost of developing 3 houses. They anticipate that this project will take 3 months and the gross development value will be £750,000. The Loan To Value (LTV) is 66% and the interest rate is 1.5% per month, with an arrangement fee of 1%. The client completes the project and sells all the homes, repaying the principle sum of £500,000 plus £10,000 in interest, and £5,000 for the arrangement fee. One of our clients has purchased a property for £100,000 and is looking for a loan value of £20,000 to split the property into 4 flats. The client anticipates the building work will take 2 months and intends to arrange a mortgage after the building work is completed to let the flats out to tenants. The interest rate is 2%, with an arrangement fee of 1%. The work is completed on schedule and the client repays the principle value of £20,000 with £800 in interest and £200 for the arrangement fee. #### Speak to our development finance brokers today We’ve got a highly experienced team who have helped to fund millions in lending over the years for exactly these kinds of projects. They understand what our clients need to be able to have their applications approved, and what they need to do to get access to capital quickly. We’ve also spent years building great relationships with a fantastic panel of niche lenders who are able to offer our clients some of the best rates and terms on the market, meaning that you’ll have access to exclusive rates. We also appreciate that property development can be unpredictable, and that’s why we have cultivated ongoing relationships with our clients over many years, as they know that we understand the finance world better than anybody. If you’re looking at property development and you want to talk over your finance options the best advice is to get in touch with us and speak to one of our highly experienced team today. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog --- ### [Remove barriers but keep a national green retrofit strategy, urge builders](https://www.hankzarihs.com/remove-barriers-but-keep-a-national-green-retrofit-strategy-urge-builders/) **Published:** April 1, 2021 **Author:** Shiraz Khan **Content:** Companies doing globally accredited eco refurbs should be able to do green retrofit work on UK homes and buildings immediately, advises the National Federation of Builders, NFB. The trade body argues poor take-up of the troubled green homes grant scheme was due to a complicated TrustMark accreditation system requiring PAS 2030 excluding lots of qualified tradespeople. [NFB](https://www.builders.org.uk/news/green-homes-grant-closure-will-harm-retrofit-industry/) housing and planning policy head Rico Wojtulewicz said if the government had listened to the [construction](https://www.hankzarihs.com/construction-loans/) industry the scheme could have worked. “They need to create a market environment for retrofitting works and understand that there isn’t yet the skilled workforce in every area to complete retrofitting works at the standard the government set. “Once it has a pathway to upskill industry, it must seek out professionals already doing these works and in the early days, allow them access to any accredited retrofitting works. It also needs to reform planning so these works can more easily go ahead.” **Regulatory framework needs to change** The NFB says companies doing accredited retrofits such as EnerPHit, the standard set by Passivhaus, should be allowed to do green [refurbishments](https://www.hankzarihs.com/refurbishment-finance/) under a national scheme backed by the government. The Federation of Master Builders, [FMB](https://www.fmb.org.uk/resource/scrapping-the-green-homes-grant-scheme-requires-a-long-term-strategy-says-fmb.html), said the construction industry should have been consulted to address flaws in the green homes grant scheme with a commitment to training adopted. The government announced on Friday it was scrapping the £1.5bn scheme from tomorrow, 1st April, giving just four days’ notice. The scheme, launched in July 2020, suffered from a poor take-up reaching just 10 per cent of the 600,000 homes it was meant to help. It will now be replaced by a £300m local council initiative prioritising housing associations and those on state support. FMB chief executive Brian Berry said local builders had spent thousands of pounds to become eligible for the scheme and felt let down. He said the decision was at odds with the UK’s desire to be a global leader in tackling climate change and jeopardised retrofitting the country’s 28 million existing homes. The FMB believes a [VAT](https://www.hankzarihs.com/vat-loans/) cut on home improvements from 20 per to 5 per cent would incentivise people to do more green refurbs. The NFB wants new homeowners to get a rebate on their stamp duty if they make improvements to get to an energy performance certificate of C within two years. It also wants VAT to be scrapped for retrofitting the UK’s 500,000 listed buildings, the 1.2 million homes in conservation zones and seven million properties with solid walls. It argues there should be incentives for using traditional building materials such as timber window frames and breathable lime mortar which cost more but are more sustainable. Conservation architect and Insall Associates chairman Tony Barton told *Building* magazine there was a danger of listed buildings being stranded in the zero-carbon economy. He said the energy performance certificates for traditionally built houses are often E or F compared with A or B for modern homes. Mr Barton is calling on planning law to be amended so a flexible approach to improvements can be adopted. For example, changing national planning policy framework to allow removal of skirting and cornices to enable a layer of wood fibre or cork to be fitted behind them. Brokers Hank Zarihs Associates said development and [refurbishment bridging](https://www.hankzarihs.com/refurbishment-bridging-loan/) lenders were hoping the government would rethink its strategy for incentivising home-owners to do green improvements. The government has pledged to hit a net-zero carbon target by 2050 and to reduce greenhouse gas emissions by 68 per cent by 2030. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [What is a bridging loan?](https://www.hankzarihs.com/what-is-a-bridging-loan/) **Published:** March 30, 2021 **Author:** Shiraz Khan **Content:** Often, we’ll have clients ask us the question “what is a bridging loan?”, and at times it can seem a lot more complicated than it actually is. [Bridging loans](https://www.hankzarihs.com/bridging-loan-broker/) are one of our most popular products, and for good reason. They’re flexible, versatile and can be applied for and approved often within days, making them an excellent short-term lending solution. In essence, a bridging loan is a short term loan that is often used as a temporary finance solution whilst waiting for something more long-term such as a mortgage or it could possibly used to bridge the gap whilst waiting for invoices to be paid. A lot of our clients use bridging loans in the property industry because this can often allow them to turn a quick profit without needing to commit to long term financing. Having said that, bridging finance can be used for more or less anything, so we’ve written a quick guide to bridging loans for you here. ## What can bridging loans be used for? ![short term property mortgages for UK houses](https://www.hankzarihs.com/wp-content/uploads/2021/03/short_term_property_mortgages_for_UK_houses-1024x590.jpg "- Bridging and Development Finance Solutions")Again, bridging loans or [bridging finance](https://www.hankzarihs.com/) can be used for more or less anything, depending on your circumstances and other factors and as long as you can pay the loan back on the agreed date. Some typical examples of bridging loans, however, would be: - Properties bought at auction – paying for the property within 28 days of the auction - Property refurbishments – bringing a property up to regulation standards before arranging a mortgage - Breaking a property chain – buying your new house before your old one is sold - Repossession prevention – If your creditors are threatening repossession before you have access to more capital - Cashflow problems – If your business cashflow runs low bridging finance can be used for a short period These are just some typical examples of what our clients use bridging finance for, however, there are lots of uses for a bridging loan, so it would be worth speaking to one of our specialist advisors about your situation. ### Bridging loan examples Here we’ll give you three examples of bridging loans to give you some representative overviews of what they can be used for. Example One: A property is purchased at auction for £100,000 but the buyer is confident that with some refurbishment works, the property will be worth £150,000. A bridging loan is taken out for 90% of the value of the property (LTV) for 3 months. The client pays £10,000 whilst the bridging finance covers the other £90,000. The rate is 1.5% per month. Our client repays £94,500 at the end of the term after selling their property for £150,000. An arrangement fee of 1% (£1000) is paid. Example Two: A client is moving house, but doesn’t want to get caught in the property chain and be delayed in their property purchase. Their current property is valued at £600,000, with £100,000 outstanding on the mortgage. The new property they’d like to buy is £300,000 and the client has £100,000 for a deposit. A bridging loan of £200,000 is required whilst the sale of their previous property is completed. The loan is arranged for 2 months and the rate agreed is 0.5% per month with a 1% arrangement fee. The client sells their previous property after 2 months and repays the bridging loan, repaying the initial £200,000 with £2000 in interest (0.5% x 2) and £2000 for the arrangement fee. Example Three: A client has had a letter threatening repossession unless payment is made within 14 days. The client requires £150,000 for 3 months until invoices have been settled and cashflow has returned to normal. The client is able to offer property as security against the loan and also prove how much capital is outstanding and due to be collected in that time. One of our lenders agrees to lend the client £150,000 for 3 months at a rate of 2% per month with a 1% arrangement fee. After 3 months the client collects their outstanding invoices and repays the sum of the loan at £150,000 plus £9,000 in interest and £1500 in an arrangement fee. ### Bridging loan calculator We’ve included our handy [bridging loan calculator](https://www.hankzarihs.com/bridging-loan-calculator/) which will allow you to see how much you may be able to borrow, what you would pay in interest, and what the total would be. You can adjust the inputs of the calculator according to loan amount, the Loan To Value, the interest and the length of time you’re looking to take your loan for. Simply make the adjustments you require to be able to see what you could qualify for. If you’d like to discuss your circumstances in greater detail and talk about bridging finance with one of our[ brokers](https://www.hankzarihs.com/bridging-loan-broker/), simply get in touch and we’ll have somebody contact you quickly. ## Types of bridging loans Bridging finance is flexible and versatile, and that’s one of the main reasons they’re so popular. There are two main types of bridging loan that our clients tend to take with our panel of lenders, so we’ll explain them here. ### Open bridge loan Open bridging finance is fairly explanatory in that it is used in circumstances where the borrower doesn’t have a fixed date for the repayment of their loan. For example, a borrower may want to use bridging finance to break a residential property chain, however, they may not have a fixed date, or a buyer secured when they apply for the bridge. This means there is no fixed repayment date, however, the lender will usually expect you to pay the loan and the interest back within 12 to 24 months. Because this type of bridge is considered inherently more risky the interest rates tends to be higher and you’ll need to convince the lender that you have a coherent exit strategy once you have access to capital. ### Closed bridge loan Comparatively, a closed bridging loan is one where you’re able to demonstrate to the lender the date which you’re able to pay your loan back. For example, if you’re waiting on the sale of a property, you’ll be able to show the lender when the sale will complete and when you’re able to pay in full with interest. These types of bridging loan tend to be used in examples with a defined exit strategy. Let’s say, for example, you’re developing a housing site and need to access capital for a land purchase or materials and you know that you’ll have completed the build within 6 months, then a closed bridging loan could be right for you. ## Property development bridge funding One of the most popular uses of a bridge loan is for property developers who are looking to develop on land and either build from scratch or refurbish and redevelop an existing property into say flats or maisonettes. We know better than most that property development can be unpredictable and our clients often need access to either consumer or business finance quickly in these circumstances. In these scenarios we’re able to help our clients access finance quickly and efficiently, and also help them through the application process. ### Residential bridge loan Generally speaking, a [residential bridge loan](https://www.hankzarihs.com/residential-bridging-loan/) is self-explanatory in that it is used for residential property rather than commercial property. It also usually means that the property you’re using as security is already or is intended to be a residential property. Residential properties are usually much easier to sell quickly on the market, and so lenders will often see residential as a less risky format for lending against, with many willing to fund finance against residential properties. It also means that if your loan is classed as residential that it will be regulated by the FCA (Financial Conduct Authority) ### Commercial bridge loan Similarly, a [commercial bridge loan](https://www.hankzarihs.com/commercial-bridging-loans/) would be classed as such when either lent against, or for, a commercial property. This means that the property itself is used for commercial or business purposes, either for your business or if you’re a landlord, that you’re letting the premises out to business or commercial customers. It can also mean that you’re taking out the bridge loan as a business or in a commercial capacity rather than as a consumer or personally. This will usually mean that you need to provide a bit more background, reassurance, and paperwork with your lender to ensure they’re confident you have a good exit plan, but that’s something we can help you with. Commercial loans also aren’t regulated by the FCA as they don’t fall under consumer law. ## Pros and cons of a bridging loan As with any type of lending or loan, there are pros and cons. A bridging loan may not be the right solution for everybody, however, we have years of experience within the industry and our team have helped to fund millions of pounds worth of finance over the years so we’re confident that if you decide that a bridge loan isn’t right for you we’ll be able to help you find the right solution. ### Quick to arrange A bridge loan is quick to arrange and can usually be agreed in principle within around 72 hours, although this is dependent on circumstances. Our team are highly experienced and able to talk you through the application process so that you’ve got everything you need to be able to get the funds as quickly as reasonably possible from your bridge loan. ### Flexible lending criteria With a bridge loan it doesn’t tend to work like it would if you were to approach a high street bank, for example, whereby only your income and credit history are considered. With a bridge loan, it’s much more important that you’re able to demonstrate how you intend to pay the loan back, and when you’re able to do so. ### Security is flexible You can use lots of different types of properties as security, as well as other valuable assets if you’d like to. It’s also possible not to provide security, and each case will be considered on its own merits. If you’re a developer, for example, your track record of success is much likelier to count towards your application rather than your personal credit rating. ## Cons of a bridging loan As we’ve said, a bridge loan may not be the right solution for everybody, and so we have a team that are able to talk you through the entire process, understand your circumstances in more detail, and point you in the right direct. With that in mind here some cons of bridging finance to consider. ### Short term only Bridge loans are designed to cover you in the short term and aren’t designed to be for anything longer than 12 months pretty much at the most. If you’re looking for longer term finance then it would make more sense to get a mortgage, for example. Bridging finance, more often than not, is used in property and property development as well as to cover cashflow problems, it’s not designed for the long term. ### Higher interest Due to the short-term nature of this lending, you’ll find that the interest rates tend to be higher for bridging finance than other forms of traditional lending. This is because finance companies need to make a profit on this lending, and with it only being shorter term, they will charge higher interest than you’d normally get with a mortgage of business loan. ### Exit strategy is key When it comes to bridging loans, the lenders won’t often credit check you in the same way a bank or traditional lender would, and are more interested in what security you have, what deposit you can afford, and what your exit strategy looks like. If you’ve not thought of this yet then it’s something our advisors and brokers can help you with, but in essence all it means is being able to show the lender how you intend to repay your loan, and it’s essential that you’re able to show this coherently. As an example, if you wanted to refurbish a house and needed bridging finance until you could sell it, your lender would want to see what your plans were, how long they were going to take, how much you thought the house would be worth at the end, and how quickly you think you’ll be able to sell it. ## Alternatives to bridging loans Of course, bridging finance is just one of option of many if you’re looking at getting finance for either a property, your business or something else. We understand what our clients need and recognise that everybody’s different, and so are their needs. If we don’t think something is right for you, we’ll tell you, and we’ll ensure that we understand your situation completely too. If you’re looking for [alternatives to bridging loans](https://www.hankzarihs.com/alternatives-to-bridging-loans/), we can look at arranging a mortgage for you. Mortgages, whether commercial or residential, are designed to provide you with lending over many years at a much lower rate of interest, and when it comes to long term property lending these are often a good idea. Alternatively, we also have a large panel of lenders that can provide highly specialised lending for auctions and development. We have access to niche lenders that you may not have heard of or have access to, such as wealth funds, pension funds and private investors who are keen to get more exposure to the UK property market. By going through our brokers, you’re able to get access to exclusive rates and terms, and with providers that truly understand the nature of property development, meaning you can get preferential terms and can arrange them relatively quickly. #### Speak to our head of bridging loans today Our company has helped to arrange millions in bridging finance over the years, and our team are one of the most experienced on the market. They’re dedicated to ensuring that you get the right solution for you, as quickly and efficiently as possible. Our team will spend as much time as it takes getting your application together, helping you out with the entire process, and ensuring that you get the best possible offers on the market for your needs. We have a number of exclusive relationships with our panel of lenders because they understand that we only ever submit applications that have a high chance of approval, and so know they can trust us when they offer exclusive deals and rates. We also understand that, for many of our clients, time is absolutely of the essence and so we always work as quickly as possible and in most cases we can have finance arranged within a few days and the money in your account ready for your project to be completed. Why not give us a call today to discuss your needs, we’ll run through things in detail with you, giving you the confidence that you’re in the best hands, and not having to spend time going to lenders individually and that you’re getting a range of quotes and the best deals available. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog --- ### [Desire for more space fuels spike in house prices](https://www.hankzarihs.com/desire-for-more-space-fuels-spike-in-house-prices/) **Published:** March 24, 2021 **Author:** Shiraz Khan **Content:** Detached properties have seen an 8.6 per cent year-on-year house price rise according to the latest figures by the Office of National Statistics, [ONS](https://www.ons.gov.uk/economy/inflationandpriceindices/bulletins/housepriceindex/january2021). Overall house prices rose annually by 7.5 per cent in the year to January 2021 bringing the average UK property value to £249,309. “Recent price increases may reflect a range of factors including pent-up demand, some possible changes in housing preferences since the pandemic and a response to the changes made to property transaction taxes across the nations,” said the ONS. Online estate agency Zoopla has reported an 80 per cent spike in buyer demand compared with the four-year average since the budget earlier this month. Its February [figures](https://advantage.zpg.co.uk/wp-content/uploads/2021/03/HPI-Feb-FINAL-PZ.pdf) show a 4.9 per cent year-on-year price rise for houses compared with 1.9 per cent for flats. Zoopla’s head of research Gráinne Gilmore said: “The search for space is driving continued demand for family homes, putting more upwards pressure on pricing for [houses than for flats](https://www.hankzarihs.com/converting-house-into-flats/). Houses are also selling more quickly.” **Property transactions speed-up** The agency reported the average time to sell a property has fallen by nearly a week across the UK excluding London. It now takes around 44 days from listing a property to agreeing a sale, down from 50 days last year. Houses are selling faster than flats, taking an average of 42 days to sell across the UK, compared to 62 days for flats. Zoopla said Manchester, Liverpool, Leeds and Nottingham were leading on city price growth, rising at more than 5 per cent year-on-year. A rise in demand for [residential property](https://www.hankzarihs.com/residential-bridging-loan/) services was one of the indices contributing to the fastest UK private sector growth in seven months. The purchasing managers’ composite index for March hit 5.6, up sharply from 49.6 in February and above the 50 no-change mark. Survey respondents attributed this to a rebound in sales ahead of easing of lockdown plus stronger consumer confidence. [Hank Zarihs Associates](https://www.hankzarihs.com/) said property [development](https://www.hankzarihs.com/development-finance/) finance lenders were equally optimistic about strong borrowing demand among builders as the nation eases out of lockdown. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Building renovation passports should replace EPCs, urge MPs](https://www.hankzarihs.com/building-renovation-passports-should-replace-epcs-urge-mps/) **Published:** March 22, 2021 **Author:** Shiraz Khan **Content:** The UK’s net-zero carbon target for all homes by 2050 is unlikely to be met without a major overhaul of the current system, warn MPs. The House of Commons environmental audit committee estimates decarbonising UK homes by 2050 will cost **£342bn – way above the** government’s estimates of between £35 to £65bn. Environmental audit committee chairman Philip Dunne, MP, said: “Realism needs to be injected into the government. A much better understanding of cost, pace, scale and feasibility of skills development is desperately needed for net-zero Britain.” About 19m homes need to be upgraded to reach energy performance certificate C rating and the committee heard in evidence this would entail an average cost of £18,000 in upgrades not including heat pumps. The committee’s [*Energy Efficiency of Existing Homes*](https://publications.parliament.uk/pa/cm5801/cmselect/cmenvaud/346/34608.htm#_idTextAnchor078) argues building renovation passports have the potential to provide more accurate data on energy usage unlocking green finance. It recommends the government develops an approved standardised methodology and data framework for the passports which would eventually replace energy performance certificates, EPC. “This will give confidence to businesses that they can invest in upskilling and green jobs,” said Mr Dunne. “This must be properly reflected in the system that assesses energy efficiency: EPCs are outdated and should be replaced with building renovation passports, which set a clear pathway to decarbonise homes.” [VAT](https://www.hankzarihs.com/vat-loans/) needs to be slashed National Federation of Builders housing and planning policy head Rico Wojtulewicz said reforming certificates rather than future homes standards was the way to go. “We hope they will also explore our recommendation to use stamp duty receipts to retrofit old homes and incentivise better new ones, as well as cut the VAT on the hardest to retrofit homes, our traditional builds.” The Federation of Master Builders called on the government to adopt the committee’s recommendations in full including cutting VAT on home improvements from 20 to five per cent. [FMB](https://www.fmb.org.uk/resource/builders-budget-plea-cut-vat-on-home-repairs-says-fmb-and-rics.html) chief executive Brian Berry said: “Local builders must be at the heart of plans to green our homes, and a national retrofit strategy would provide them with the confidence they need to invest in the necessary skills and training requirements.” Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said a national strategy would motivate builders to go into green refurbishments and was something [development](https://www.hankzarihs.com/development-finance/) and refurbishment finance lenders would support. The committee was critical of the green homes grant system, launched 16 months ago, where only £125m worth of vouchers out of the £1.5bn budget had been spent. It would also like to see the reinstatement of a reduced rate of VAT payable on energy-saving materials at five per cent while expanding its scope to cover energy storage, heat [pumps](https://www.theconstructionindex.co.uk/search/pumps?utm_source=tci_news&utm_medium=auto_keyword_link) and electric vehicle charging. Up until 2019, certain clean technologies were eligible for a reduced rate of VAT of 5 per cent. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Groundwork starts on £6bn North London regen scheme](https://www.hankzarihs.com/groundwork-starts-on-6bn-north-london-regen-scheme/) **Published:** March 17, 2021 **Author:** Shiraz Khan **Content:** Construction of roads, bridges, cycle lanes, water, gas and communications to service the 10,000 homes set to be built at [Meridian Water](https://www.meridianwater.co.uk/news) in Edmonton will start later this month. Enfield council has entered a framework agreement with Vinci Taylor Woodrow, BamNuttall and VolkerFitzpatrick to deliver the £90m works. Council leader Cllr Nesil Caliskan said: “Successfully delivering the infrastructure on the site will be a major step forward in what will be a transformational plan for the area, providing homes, jobs and parkland for the lasting benefit of our borough’s residents.” The work is expected to generate 150 jobs supporting ten skilled apprenticeships with at least £4m of contracts going to local construction companies. So far, the council has won £170m in infrastructure funding from the government. Vistry Partnerships is overseeing phase one of the project which includes 950 new homes of which half will be affordable. Work on the first 300 homes will start later this year with the first completions due in 2022. **Creative hub ambitions underway** The former Vehicle and Operator Services Agency building is already being converted to create workspace for thousands of freelance designers, artisans and small businesses. The workshops will provide 30,000sq ft of workspace for up to 1,000 makers and creators across engineering, wood, metal, digital and additive technology plus a fashion studio. A new station was built last year to service the 210-acre site next to the Ikea store and close to Lea Valley Park. [Hank Zarihs Associates](http://www.hankzarihs.com) said the 25-year regeneration scheme was just the type of innovative property development [finance lenders](https://www.hankzarihs.com/development-finance/) were keen to support. In January, the council struck a deal with Troubadour Theatres to build film and television studios at the development which are expected to open this spring. It’s hoped they will enhance Meridian Water’s ambitions to be a creative hub offering jobs and cultural activities. Meridian Water has suffered a series of setbacks since the council unveiled the masterplan in 2013. Talks with master developer Barratt Homes collapsed in 2017 with the council claiming the firm’s plans offered a ‘poor deal’ for locals. After discussions with the reserve bidder, Pacific Century Premium Developments fell through the council decided to work with several smaller developers to deliver the scheme. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Up to 320,000 new building jobs needed to hit net-zero emissions](https://www.hankzarihs.com/up-to-320000-new-building-jobs-needed-to-hit-net-zero-emissions/) **Published:** March 16, 2021 **Author:** Shiraz Khan **Content:** A plethora of new [construction](https://www.hankzarihs.com/construction-loans/) roles from glaziers to gas fitters and ventilation contractors to plumbers need to be created over the next seven years for the UK to be carbon-free by 2050. This is according to the Construction Industry Training Board, CITB, latest analysis *Building Skills for Net Zero.* The forecast is based on modelling the skills profile of the workforce required to deliver net-zero using climate change committee data. It estimates by 2028, additional decarbonisation work will have created demand for 86,000 construction project managers, 33,000 building envelope specialists and 59,000 plumbers and heat and ventilation contractors. CITB strategy and policy director Steve Radley said: “Net-zero presents a huge challenge for construction but an even greater opportunity to create a more productive industry that’s also a more attractive career option.” The organisation believes Covid and the expected rise in unemployment offers construction the chance to position itself as a career destination of choice for those who want to make a difference. Mr Radley said it was important for a ‘joined-up’ approach across the built environment on what skills are needed and organising the right courses and qualifications to deliver them. “Government also has a key role in specifying what it wants and creating the pipeline of demand that will give industry the confidence to invest in the skills we need and for providers to invest in the courses we need to deliver these skills,” he said. Carr & Carr Builders managing director Chris Carr said the skills challenge around net-zero was huge but that the CITB had shown how it could be done. “A big part of it will be upskilling the current workforce so that they understand what sustainable building is all about,” he said. **Cutting VAT on home improvements would generate demand** The Federation of Master Builders, FMB, said that local builders should be at the heart of meeting the skills and training needs. FMB chief executive Brian Berry said: “There is an urgent need for the government to take action ahead of COP26 and commit to a long-term energy efficiency retrofit strategy, that is backed by public investment, to provide confidence to both builders and householders. “Only then will we create the demand for training and upskilling that is needed to bring in new entrants and unlock the workforce of the future.” The FMB wants a cut in [VAT](https://www.hankzarihs.com/vat-loans/) from 20 to five per cent on home improvements – it estimates over five years this would generate an extra 345,000 jobs in construction and the wider economy. The National Federation of Builders’ heritage division would like a VAT cut on home improvements of [traditional buildings](https://www.builders.org.uk/news/cut-the-vat-on-heritage-and-traditionally-built-buildings/), estimated to account for nine million of the UK’s least energy efficient homes. [Hank Zarihs Associates](http://www.hankzarihs.com) said [development](https://www.hankzarihs.com/development-finance/) and refurbishment finance lenders agreed that a tax cut would stimulate demand among people to make their homes greener. The prime minister, Boris Johnson, has set a target of cutting the UK’s emissions by at least 68 per cent by 2030. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Homes on a grand scale set to radiate from HS2 station](https://www.hankzarihs.com/homes-on-a-grand-scale-set-to-radiate-from-hs2-station/) **Published:** March 10, 2021 **Author:** Shiraz Khan **Content:** New sites for 25,000 homes around west London’s Old Oak Common HS2 station are being proposed following the collapse of negotiations over the Cargiant site. The Mayor’s Old Oak and Park Royal Development Corporation, OPDC, has submitted a [revised](https://www.london.gov.uk/about-us/organisations-we-work/old-oak-and-park-royal-development-corporation-opdc/about-us/press-releases/new-focus-old-oak-and-park-royal-regeneration) draft local plan after a planning inspector told them in 2019 their housing estimates were too large. London’s mayor Sadiq Khan said: “I look forward to seeing this plan adopted and a healthy and inclusive new district emerge in this important part of west London.” He said the corporation’s plan complemented the recently published London plan. The OPDC has moved its focus to around the station, where a lot of the land is public sector owned, to accelerate creating a new urban centre. The corporation points out the site is unique for being the only spot in London where HS2, the Elizabeth Line and Great Western Rail services meet. **String of lively neighbourhoods in the pipeline** OPDC chief executive David Lunts said: “Our aim though, is not just [new homes](https://www.hankzarihs.com/new-build-developer-loans/) and jobs; we are creating a desirable, exceptionally well connected and bustling series of districts for London where live, work, play is more than just a slogan.” He said the corporation would be consulting the local community while preparing a bid for government infrastructure funding. Mr Lunts said he expected the new local plan to be adopted by the end of the year pointing out that 6,000 homes were already being constructed. “Our aim though, is not just new homes and jobs; we are creating a desirable, exceptionally well connected and bustling series of districts for London where live, work, play is more than just a slogan,” said Mr Lunts. [Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance [lenders](https://www.hankzarihs.com/development-finance/) were looking to back projects in spots with excellent transport links such as those at Old Oak. Existing businesses in Old Oak North will be protected by designating key sites for long-term employment. It is expected to deliver a quarter of a million square metres of additional industrial space over the next 20 years, encouraging new businesses and helping existing ones to grow. OPDC has been working with local landowners to prepare the plans and will continue to work closely with Ealing, Hammersmith & Fulham and Brent councils, High Speed Two, the Department for Transport, Network Rail and the local community. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Homes England under pressure to ‘level up’](https://www.hankzarihs.com/homes-england-under-pressure-to-level-up/) **Published:** March 8, 2021 **Author:** Shiraz Khan **Content:** Homes England’s emphasis on being a housing delivery agency is expected to change to one involving a greater focus on regeneration. *The Times* newspaper has [reported](https://www.thetimes.co.uk/article/housing-agency-faces-rebuilding-job-k3vcd8rn8) Homes England’s chairman Peter Freeman, co-founder of developers Argent famous for the successful regeneration of King’s Cross, is to conduct the review. The agency has been criticised for focussing on [developing](https://www.hankzarihs.com/development-finance/) land in places where houses are expensive to buy. Its 2018 strategy set out that 50 per cent of its funding should go to the least affordable areas which are typically in the South East. Criticism has also been levelled against the agency for its slowness in clearing land around York’s railway station for a major regeneration [project](https://www.hankzarihs.com/york-set-to-build-6500-homes-next-to-station/) to build up to 2,500 homes. Nicholas Boys Smith, chair of a new government design body and author of *Living with Beauty*, noted there was room for improvement in how the agency operates. “The Homes England land sale process fails to put quality first on every occasion and it still remains much easier to win a site based on financial offer than design quality. This very urgently needs to change to ensure that the state is not effectively subsidising poor quality and ugly development, with insufficient focus on placemaking,” he wrote in the report. **Homes England urged to work with the smaller developers** Smaller builders have also been critical in the past that the agency has focused mainly on working with larger developers in part due to the complicated land sale process. Federation of Master Builders communications director, Jessica Levy said: “It needs to do more to encourage work with [smaller developers](https://www.hankzarihs.com/new-build-developer-loans/) such as those building developments of fewer than five homes.” Intermediaries Hank Zarihs Associates said development finance lenders and other [types of lenders](https://www.hankzarihs.com/mezzanine-finance-lenders/) wanted SME builders to get more support for developing on brownfield sites and any reforms making this easier would be welcomed. *The Times* newspaper reported that calls for a change at Homes England have intensified since the departure of the agency’s chief executive Nick Walkley last month. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Budget omits VAT cut on green home improvements](https://www.hankzarihs.com/budget-omits-vat-cut-on-green-home-improvements/) **Published:** March 4, 2021 **Author:** Shiraz Khan **Content:** SME builders are disappointed with chancellor Rishi Sunak’s decision not to include a [VAT](https://www.hankzarihs.com/vat-loans/) cut on green home improvements in the latest [budget](https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/966161/Budget_2021_Web_accessible.pdf). The Federation of Master Builders, [FMB](https://www.fmb.org.uk/resource/builders-budget-plea-cut-vat-on-home-repairs-says-fmb-and-rics.html), described it as a glaring omission of a long-term plan to make homes greener. FMB chief executive Brian Berry said: “The chancellor has missed an opportunity to show global leadership with a long-term plan to make our homes greener, healthier, and more affordable to run. “The government’s commitment to green growth must include backing for a national retrofit strategy – an oven-ready infrastructure plan that will tackle climate change, level up and create jobs.” The National Federation of Builders, NFB, was also disappointed there was no news about postponing the introduction of reverse VAT. The creation of a national infrastructure bank with a £12bn fund and a further £10bn in guarantees to finance local authority and private sector infrastructure projects got the thumbs up. Mr Berry said he hoped the bank would focus on climate change and regional growth supporting Britain’s smaller builders. The NFB described the creation of the new bank as positive as it would help more [development projects](https://www.hankzarihs.com/development-finance/) get off the ground. It said an extension of the stamp duty holiday until the end of June was welcome along with a mortgage guarantee scheme for lenders who offer 95 per cent mortgages. **Planning process needs to speed up** However, NFB’s housing and planning policy head Rico Wojtulewicz said there was still a problem with the planning process taking too long. He said the average time for councils to approve applications was two years well beyond the statutory 13-week deadline. “A couple of hundred million to ensure councils grant planning permissions more quickly would have provided a greater choice and number of homes to actually buy. As it is, the fight for short supply will remain.” He said extra funding should be on condition councils deliver results with planning applications granted more quickly. Doubling support for businesses that hire apprentices from £1,500 to £3,000 per trainee was backed by the FMB who claim SMEs train 71 per cent of all construction newbies. Construction equipment manufacturers welcomed a tax reduction of 130 per cent on investing in plant machinery over the next two years and the ability to carry back company losses for three years against earlier profits. Developers are expected to watch carefully how the creation of eight freeports unfolds later this year at East Midlands Airport, Felixstowe and Harwich, Humber, Liverpool City Region, Plymouth, Solent, Thames and Teesside. They will offer areas where business benefit from generous tax reliefs, customs and wider government support. Brokers Hank Zarihs Associates said development finance lenders would be keen to back both [commercial](https://www.hankzarihs.com/commercial-bridging-loans/) and [residential construction](https://www.hankzarihs.com/residential-bridging-loan/) projects in these areas. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Slash VAT on home upgrades and generate jobs, urge FMB and RICS](https://www.hankzarihs.com/slash-vat-on-home-upgrades-and-generate-jobs-urge-fmb-and-rics/) **Published:** March 1, 2021 **Author:** Shiraz Khan **Content:** A cut in VAT from 20 to 5 per cent in home improvements over the next five years would create 345,000 new jobs and pump £51bn into the economy, according to new research. CBI Economics analysis discovered the cut would offer an extra £25bn in goods and services to the UK economy at a cost of £2.8bn to the government in lower fiscal contributions. The survey, conducted for the [Federation of Master Builders](https://www.fmb.org.uk/resource/builders-budget-plea-cut-vat-on-home-repairs-says-fmb-and-rics.html) and the Royal Institution of Chartered Surveyors, found in 2021 the measure would create 64,000 jobs and offer a £9.5bn economic stimulus. Federation of Master Builders, FMB, chief executive Brian Berry urged the chancellor, Rishi Sunak, to introduce the cut on Wednesday’s budget to show he was serious about ‘levelling up’ across the UK. “A temporary tax cut will give a much-needed boost to small building firms, and unlock additional cash for households to spend on repairs and energy efficiency measures,” he said. Both SME builders and surveyors say the VAT reduction would make it easier for people to make energy efficiency changes to their homes and support the beleaguered green homes grant scheme. Royal Institution of Chartered Surveyors, RICS, UK MD Matthew Howell said**:** “If the government is serious in its desire to build back better and help level up the country then we have to be bold and do things differently. “Cutting [VAT on home improvements](https://www.hankzarihs.com/invoice-finance-broker/) is exactly the sort of fiscal measure which will have a long and positive consequence for the economy, helping to create jobs and opportunities in those areas and industries hit hard by the pandemic, and drive-up energy efficiency in many homes and buildings.” Both FMB and RICS claim the move would back both builders and surveyors grappling with skills and material shortages exacerbated by the pandemic and Brexit. **Older homes should be first in the queue** However, the National Federation of Builders, NFB, has taken a more tailored approach urging the government to scrap VAT completely on [home improvements](https://www.hankzarihs.com/new-build-developer-loans/) on century-old and heritage homes. There are 9 million such homes in the UK accounting for just over a third of the UK’s 26m housing stock. NFB chief executive Richard Beresford said: “We believe this is the time to reduce carbon emissions in the hardest to retrofit properties; our traditional builds. Some have called on a VAT cut for all builds but this will not encourage better conservation practices and could encourage cheaper ones, and this is why we believe a VAT cut must target heritage and traditional works.” The NFB argues this would incentivise owners of older homes to be custodians of their buildings and invest in better materials for upgrades. NFB Heritage said often older buildings were refurbished with cheaper non-traditional materials. These could include board and plaster rather than breathable solutions such as lime plaster or UPVC double glazed windows rather than traditional wooden triple glazed windows. “A cut would ensure a pipeline of opportunity for heritage and traditional build experts, material producers and the next generation of desperately needed traditional and retrofitting apprentices is established,” said Mr Beresford. [Specialist fast bridging loan](https://www.hankzarihs.com/fast-bridging-finance/) brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said [development](https://www.hankzarihs.com/development-finance/) and refurbishment finance lenders believed such a measure would stimulate the green renovations market. Historic England, Heritage Alliance, Craig Mackinlay MP, NFB Heritage and London Historic Building Trust have been calling for lifting the VAT burden on traditional building methods for some time. They argue now is the time to scrap the tax given the UK has brought forward its net-zero target to 2035 and with the imminent UN climate change conference in Glasgow this November. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Bridging loan advice](https://www.hankzarihs.com/bridging-loan-advice/) **Published:** February 24, 2021 **Author:** Shiraz Khan **Content:** 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 on at a healthy profit. When it comes to [bridging loans](https://www.hankzarihs.com/bridging-loan-broker/) and bridging finance, those who are experienced in the property market may well know these types of **loans** inside out, however, if you’re looking for advice about what bridging finance is then we’re going to run you through what you need to know about it. Of course, [bridging finance](https://www.hankzarihs.com/) may be the ideal solution for you, but because we offer free and honest advice to our clients, we’ll ensure that we find the right solution for you and that may not be a bridging loan. With our bridging loan advice, we’ll give you all the information you need to be able to make the best choice. ## Should I be using a bridging loan broker? ![bridging loan property mortgage advice](https://www.hankzarihs.com/wp-content/uploads/2021/02/bridging_loan_property_advice-1024x547.png "- Bridging and Development Finance Solutions")When it comes to bridging finance, there are a large number of providers who may be able to offer you a bridging loan, and so it’s not always easy to pick out the best provider unless you’ve got experience in the market and know who to approach. That being said, approaching bridging finance providers individually can be extremely time consuming and, unless you’re experienced, you may not always know what information you’ll need to provide in your application in order to get approved and funded in as short a time as possible. We can give bridging loan advice because we know exactly how time consuming and stressful it can be to go through this process on your own, and especially if you need quick access to loans, finance, or funding. By going through a [bridging broker](https://www.hankzarihs.com/bridging-loan-broker/) you’ve then got access to good **advice** as well as quick access to a large number of lenders whilst a broker provides you with a list of your best quotes. ## Are bridging loans easy to get? Relatively speaking, a bridging loan or bridging finance are easier to get approved than most traditional lending such as a **mortgage** or a bank loan, mainly because lenders aren’t quite as focused on your personal credit history as much as what your track record is like in property development, the security you’re able to provide and what your exit strategy is. As an example, when we’re giving bridging loan advice we’ll help our clients to understand what kind of deposit they may need, what types of assets they can use as security against any loans and what type of plan they need to show to lenders to prove they’re able to repay the loan on time. If you’re able to understand and meet the criteria then yes, **bridging loans** and bridging finance is relatively easy to get in that regard. ## Advantages of a bridge loan As we’ve mentioned, there are advantages and disadvantages to a bridging loan, so we’ll run you through them. When we offer our clients advice, we do it in their interests and ensure that we’re offering them the best possible solution for their own personal situation. ### Fast When comparing a bridging loan with other types of traditional finance it’s absolutely true that bridging finance is much quicker to access than, say, a mortgage or a loan. In fact, if you take our advice and you’re able to meet the criteria then you could have access to your funds within 72 hours. With a bridging loan, our clients most often tell us it’s the right choice because of how quickly they’re able to access the funds once things have been agreed. ### Specialist and short term Bridging loan and bridging finance providers tend to have great experience with the types of projects and developments that our clients are looking to fund, and as such offer specialised terms and rates for them too. It often means that the interest rates are much better for them than if they’d gone to a traditional lender such a bank, and also means that they’re able to get the best possible advice and find it easier to get accepted in these circumstances. ## Disadvantages of bridging loans Because we offer the right advice in the right circumstances, we know that a bridging loan or bridging finance won’t always be the right solution for our clients, so here are some disadvtanges to consider. ### Details Bridging finance providers often want quite detailed plans of how you’re going to repay your loans and how you intend to clear your debt. Let’s say, for example, that you want a bridging loan to cover some short term cashflow problems, the lender will want to see how much you’re owed and when it’s due for payment and if those customers don’t pay you what your backup plan is for repaying the debt. If you’re not able to provide this level of detail it may be a better idea to look at alternatives. ### Short term We’re including this in both advantages and disadvtanges because this can work both ways. If you’re looking for a bridging loan to shore you up in the short term then it can be a very good idea to go for these types of loans, however, if you feel that the reason you’re looking to get loans may extend out over this short period then you will need to consider other traditional finance such as a mortgage or commercial loans. ## Use our bridging loan calculator We’ve included a bridging loan calculator to give you a better idea of what types of costs may be involved if you were to be accepted for a bridging loan. Ultimately, these types of loans are ideal for short term coverage and the interest rates are designed as such, so if you’ve got a situation in mind that you think may be suitable for a bridging loan use your calculator to see what it may cost. ## Typical example of a bridging loan There are lots of reasons why our clients may take out a bridging loan, but some good examples are listed here to give you a better idea of what they tend to be used for. For example, a bridging loan may be able to cover the purchase of an auction property until a mortgage is agreed. It may be good for if a property chain breaks down and you need to purchase your next property before you’ve sold your own. They’re also used to pay debts sometimes, such as inheritance tax, stamp duty or to stop bankruptcy petitions by creditors. These are just a few examples of what we see our clients use a bridging loan for. ## Is a bridge loan the best way to finance a property? That depends on what you define as financing a property. If you’re looking to finance a property over a number of years then a bridging loan isn’t the best way to do this, however, if you’re looking to cover a short term funding gap or to get funding to renovate a commercial or residential property then bridging loans are a good idea. Some clients, for example, will use them to develop a property before selling it on, or borrow against properties to enable some equity release or to extend a lease. ### Can You Take Out Bridging Finance on a Property that’s Unmortgageable? Lots of our clients will take bridging loans on a property that they can’t get a mortgage on due to it being uninhabitable, for example. Bridging loans are an ideal solution if you need funding to be able to renovate a property up to a better standard to be able to agree a mortgage on it so that you can rent it out. Alternatively, many of our clients will buy a property at auction that needs work doing to it to make it inhabitable and at a good standard before selling it on at a good profit. #### Speak to one of our advisors today! Our team are ready to speak to you today and give you advice on how we can help you with your situation. After spending years in the industry and helping to finance millions in loans, our team know exactly how to help you out and find the right solution for your specific situation. We’ve built a relationship with our lending panel over many years and as such we can offer you some of the best rates on the market as we’ve got exclusive deals and rates with our partners. We’re also able to call on a huge number of lenders to ensure that you’re getting the best possible terms and rates available to you. Our brokers and advisors will be able to talk you through the application process from start to finish and let you know exactly what you’ll need to be in the best position to get accepted. They can help with things like business plans and exit strategies and our lenders know that we only submit quality applications, so get in touch today. #### Check out some of our related articles - [Alternatives to bridging loans](https://www.hankzarihs.com/alternatives-to-bridging-loans/) - [What are “Desktop Valuations”?](https://www.hankzarihs.com/desktop-valuation/) ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog --- ### [Builders call for job saving tax breaks in Budget](https://www.hankzarihs.com/builders-call-for-job-saving-tax-breaks-in-budget/) **Published:** February 24, 2021 **Author:** Shiraz Khan **Content:** SME builders are pressing the chancellor Rishi Sunak to offer a series of important tax cuts to boost employment and address dwindling workloads. The Federation of Master Builders, FMB’s state of the trade survey shows 27 per cent of respondents were experiencing lower workloads in the last quarter of 2020 compared with 21 per cent in the third quarter. Drops in the industrial or commercial sector were particularly sharp with 40 per cent reporting lower workloads. FMB chief executive Brian Berry said: “Given the government’s commitments to ‘build back better’, next month’s budget needs to support the construction sector to help create much-needed jobs and to propel the economy forward.” The FMB would like to see a cut in [VAT](https://www.hankzarihs.com/vat-loans/) on green refurbishments to homes and an extension of the current stamp duty holiday beyond March 2021. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said refurbishments and [developer finance](https://www.hankzarihs.com/development-finance/) lenders agreed that these tax breaks would make a difference along with delaying the introduction of reverse VAT. The [National Builders Federation](https://www.builders.org.uk/news/), NFB’s House Builders Association has asked for reverse charge VAT to be postponed and for an extension of help to buy on small sites. It also wants an extension of the stamp duty holiday on new homes with B and A energy performance certificates. **More support for apprenticeships to address skills-shortage** The FMB state of the trade survey showed 82 per cent of respondents reporting an increase in material prices yet only 29 per cent increasing prices compared with 37 per cent in the third quarter. Timber and roof tiles were singled out as being particularly scarce. Nearly a quarter of respondents said they were finding it difficult to recruit joiners and bricklayers with employment dropping into negative equity in November and December. According to the survey, 2020 had just two months when the number of building jobs increased. “Builders need greater support to train while contending with rising material prices,” said Mr Berry. “The government needs to extend the apprenticeship grant uplift beyond March 2021 so that SMEs are rewarded for their training at this difficult time.” The FMB expects a further reduction in the availability of EU labour once the full effect of the new immigration rules are felt. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Bad credit bridging loans](https://www.hankzarihs.com/bad-credit-bridging-loans/) **Published:** February 19, 2021 **Author:** Shiraz Khan **Content:** 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 have experienced a bad credit event over the past 2 years. That being said, adverse credit or bad credit needn’t get in the way of you accessing bridging finance, depending on your circumstances and what you’re looking to access a bad credit bridging loans for. More often that not, bad credit isn’t attained purposely or even through situations that our clients can control, and although they earn a good salary and have a good track record of business success they often find themselves refused for credit or for loans despite this. Luckily, we’re able to give you free advice around this and look at the options available for you, perhaps with a bad credit bridging loans or other types of loans. We’re confident that even if you’re suffering from bad credit we can find a solution for you, and we’ll explain why bad credit doesn’t always exclude you from credit or bridging finance. ## Can I get a bridging loan if I have bad credit? In short, yes you can. Bad credit is subjective, after all, and many lenders have different criteria and different expectations when it comes to what they consider credit worthy and what they consider to be a risk. There is, however, a key difference between, for example, a commercial mortgage and bridging finance. When it comes to long term finance or loans, the lender will often want reassurances that the client can commit to their repayments over a long time, sometimes with little security should the loans default. With bridging finance it’s different in that the lender only wants the loan covered by an asset or by security. If that criteria can be met to differing degrees then many of the lenders on our panel will consider providing bridging finance. ## Do lenders do a credit check? Yes, most lenders will perform a credit check when vetting you for loans or bridging finance. This gives them a better idea of what your repayment history is like and they will obtain this, even bad credit, from the credit reference agencies, all of whom will provide you with a copy of your credit report online. Some will charge you for a more detailed overview of your credit report but all will provide you with a copy of your statutory credit report if you ask for it, as they’re required to do so by law. Bad credit needn’t exclude you from bridging finance, however, as most bridging loan companies use this as a starting point and will then look at other factors such as the security you’re able to provide and your track record in business or property development. ## What do lenders check? When it comes to a credit check, there are a few things that most lenders will want to see. Firstly, they want to know that you’re on the electoral register and how long you’ve lived at your current address. Secondly, they’ll want to know what your payment history is like on your other accounts. If you’ve missed payments on your credit card, for example, this will mean bad credit as you’re unable to keep up to date with payments. If you’ve missed 3 payments or more this often means that your account has gone into a default, and these badly affect your credit report. Lenders will also look at things like how often your credit file has been searched, indicating you’re desperate for credit, whether you’re using all of your available credit limit, suggesting you’re struggling, and whether you’ve opened up many accounts over recent months, indicating you’re desperate for credit. That’s traditional lenders, however, and when it comes to bridging loan lenders they’re a little different in that, although they’ll take similar stuff and bad credit into consideration, it often isn’t the most important aspect of their decision. ## What might cause lenders to say no to bridging finance? Each of our lenders have different criteria and so it’s always worth seeking the advice of one of our brokers before looking to apply, however, there are some eligibility criteria that may mean you don’t receive an offer. If you’ve been declared bankrupt, have an unsatisfied bankruptcy or a debt relief order or IVA this is very likely to mean that lenders won’t be able to fund you. Similarly, if you have no security or assets to provide security against your loan as well as bad credit then your chances of funding are slim. ### Bridge Loan Calculator – Work out how much you will have to pay back If you’re looking for a bad credit bridging loan, or a bridging loan more generally, then the easiest way to see if you’re in a position to repay the bridging loan is to use our easy calculator which can show you how much your loans would cost. Simply enter the requested details to get a good idea of what the cost would be. ### Can I get a bridging loan with a no deposit? In some circumstances yes you can, but this is a specialist area and you’d need to seek the advice of one of our brokers first to double check whether you might qualify for these types of loans or a bridging loan. Some lenders will offer 100% Loan To Value (LTV), but again this will depend on your income, track record and also what type of security you can provide against your bridging loan. If you’re able to provide an asset against the bridging loan or loans you’re looking to agree that covers most of the value then you’ve got a good chance of being able to agree funding. ### I’m bankrupt, can I get a loan? This is a specialist area where we highly recommend that you seek advice from one our experts who can guide you through this process, however, yes there are situations where you may be able to secure a bridging loan or loans even whilst bankrupt. It’s not particularly easy but there are certainly lenders who may be willing to approve lending for you for some types of loans or a bridging loan. ## Non status bridging loans A non-status bridging loan may be a good option if you have bad credit as they are specifically designed for property developers who may have a poor personal credit history or bad credit. They are a specialist type of finance that are for residential property developers to raise finance, release equity, and also means that lenders are willing to take on a higher risk appetite with their clients. ## What impacts my eligibility for bridging finance? Generally speaking, bad credit won’t necessarily affect your eligibility for bridging loans too much compared to other areas, so here are the 4 main areas that may affect you over months for a property development, for example. ### Exit strategy Broadly speaking, because bridging loans are designed to be short term, you’ll need to show your lenders that you have a solid, costed and reasonable plan to pay your finance back in the time period agreed. This could be, for example, a business plan. #### Property Value If you’re looking to use bridging loans to purchase a property either for development or for another reason then you’ll need to display to your lender what the value of the property is. That may come in the form of a valuation or a survey or may come in the form of a desktop evaluation where you can send pictures of the property to an evaluator for an instant appraisal. #### Existing Mortgage If you already have a mortgage on a property, either residential or commercial, this can affect your eligibility by either showing your lender that your payment history is good and that you’re able to manage your debts well and responsibly, but also it could improve your chances by giving you an asset that you can use as security against bridging loans. If you use an existing property with a mortgage as security, this is known as a second charge loan and this would entitle your lender to seek to claim your property as payment if you were to fail to repay the bridging loans on time. #### Poor credit A poor credit history won’t necessarily disqualify you from getting a bridging loan, however, it may affect the rates you get in interest and also the terms of the loan. If there are a few blemishes on there then the chances are that it won’t make a huge difference and the lender will be willing to overlook this in favour of a good business plan, strategy and exit strategy as well as good security on the loan. The best advice is to speak to one of our brokers who can go through the process with you in detail and assist you further. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog --- ### [Two million revolutionary bricks go into annual production](https://www.hankzarihs.com/two-million-revolutionary-bricks-go-into-annual-production/) **Published:** May 17, 2021 **Author:** Shiraz Khan **Content:** A new brick producing a tenth of the carbon emissions of a traditional one is poised to go into commercial production. Zero Waste Scotland has pledged £1m for manufacturing Kenoteq’s K-Briq made from over 90 per cent of recycled demolition and construction products. Kenoteq managing director Sam Chapman said: “The construction industry faces a tremendous challenge when meeting decarbonisation goals. The industry sends over [800 million tonnes of waste to landfill in Europe every year](https://ec.europa.eu/eurostat/statistics-explained/index.php?title=Waste_statistics#Total_waste_generation), at a huge cost to itself and the environment.” The brick, developed by researchers at Edinburgh’s Heriot-Watt University, uses less than a tenth of the energy needed to make a conventional fired brick and has double the insulation properties. It can be made in a range of colours using recycled pigments providing flexibility to architects and design planners. “With this funding, we will scale the manufacturing capacity from a pilot plant to industrial-scale production through development of a new manufacturing line in [Scotland](https://www.hankzarihs.com/bridging-loans-scotland/),” said Mr Chapman. Kenoteq plans to deliver the equivalent of 924 low carbon homes across the UK over the next five years creating 15 new jobs in manufacturing, production, quality assurance, marketing and sales. [Zero Waste Scotland](https://www.zerowastescotland.org.uk/) chief executive Iain Gulland said: “Construction relies heavily on finite resources and presents huge potential for circular economy interventions to reduce demand for, and waste of, virgin materials. “Innovations like the K-Briq can help to tackle climate change, deliver a more competitive Scottish economy, mitigating resource security and addressing the subject of corporate social responsibility within the sector.” Housebuilding accounted for 36 per cent of total waste generation by economic activity and households in Europe, according to Eurostat figures for 2018. Heriot-Watt University professor Gabriela Medero from came up with the idea and more than a decade of research and development followed to make it a reality. Professor Medero is co-founder and technical director of Kenoteq, which launched in January 2020. The building industry has said it’s keen to see the UK advance its manufacturing base of products post Brexit. The National Federation of Builders said it backed government proposals to set up a new advance research agency to improve production of materials needed for modern methods of construction such as cross laminated timber. Chief executive Richard Beresford said that post Brexit his organisation would be pushing the government “every step of the way” to fulfil their intentions. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance lenders were supportive of SME builders who used green products given the UK’s new target to slash emissions by 78 per cent by 2035. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [How long does it take to get a bridging loan?](https://www.hankzarihs.com/how-long-does-it-take-to-get-a-bridging-loan/) **Published:** May 17, 2021 **Author:** Shiraz Khan **Content:** Bridging finance and bridging loans are one of the most popular short term finance products on the market, and there’s a good reason for that – they’re one of the fastest types of loan to arrange. Bridging loans are also incredibly versatile and flexible, able to be used for almost anything as long as you meet the criteria. They can be taken out over a very short time, or they can be stretched over a relatively long period, should you need it. Many of our clients use bridging loans for property projects, however, they can also be used for things like invoice financing or stopping a bankruptcy petition, should you need it for that. One of the most frequent questions we get about bridging loans, is [how long does it take to get a bridging loan](https://www.hankzarihs.com/how-long-does-it-take-to-get-a-bridging-loan/) for a client, so we’ve put together a short guide for you. ## How fast can I get a bridging loan? This will largely depend on your circumstances, however, we can usually get an indicative agreement in principle within an hour, with finance terms in about 4 hours. Now that being said, there will be many who claim that they can get a bridging loan agreed and paid out within 24 hours but this is a pretty unrealistic time scale and usually takes between 5 and 10 days, and often between 7 and 14 days to get the loan agreed in principle, get the paperwork settled, and the loan paid out. If you’re expecting to have the funds in your account within a day or 2 then that’s not a realistic time scale and you’re probably better expecting around a week. ### How long does it take to get the loan approved by a lend6er? In principle we can usually get an agreement within a few hours for a bridging loan, however, that’s just in principle and will then be subject to things like checking your income, checking your identification and checking your credit report. If we class approval for a bridging loan as ‘in principle, then it’s a few hours, but if we’re classing approval as an agreement and terms agreed, then expect it to be more like 5 days. ## What issues might cause a delay? Again, this will largely depend on circumstances, however, we can give you a few typical [examples](https://www.hankzarihs.com/bridging-loan-examples/) of things that can delay applications for bridging loans. One of the delays that clients experience is that, generally speaking, the cheapest rates will be offered by bridging loan providers that are more rigorous with their checks and criteria. So, if you’re looking for the best or cheapest rate then it’s likely that approval will take longer because the provider will want to assess your risk in detail. If you’re happy to pay more in interest then the process from application to completion will be less, but that tends to be the pay off. Generally speaking, to get the best rates you’ll need to complete legal searches and valuation reports. Depending on your circumstances, these can take up to a week or two, and if you’re looking to reduce that time then you’ll pay more in interest on your bridging loan. ## Is it right for me? We have a team of loan brokers that will always take your circumstances into consideration and give you honest advice. What we would say is that [commercial bridging loans](https://www.hankzarihs.com/commercial-bridging-loans/) and bridging finance is designed to be short term, and shouldn’t be used as a way to replace, for example, a mortgage or longer term business loan. ### Use our bridging finance calculator To make it easier for you to know what you could be paying for a loan we’ve put together a [bridging loan calculator](https://www.hankzarihs.com/bridging-loan-calculator/) so that you can get a better picture of what it may cost, and what interest you may pay, and under what terms. There are a few fields that you can edit and change around so that you can try out a few different scenarios and situations to see if a loan of this type is right for you. ## How long are bridging loans? ![finance and mortgages for property](https://www.hankzarihs.com/wp-content/uploads/2021/05/finance_and_mortgages_for_property-300x169.jpg "- Bridging and Development Finance Solutions")Generally speaking, you’ll find that bridging loans tend to be taken out over an average of 6 or 7 months, however, they can be agreed from 1 month all the way up to 24 or 36 months depending on your circumstances. The length of the loan will tend to be more related to your situation and your circumstances rather than anything else, but we’ll always provide you with honest and sensible advice on your loan. ### Do you need a survey for a bridging loan? Revisiting a point made earlier, most lenders that offer the best loan rates will expect you to undertake some kind of value survey. It won’t be the case with every provider, however, expect that lenders providing the best rates and terms will have the most stringent criteria for lending which means they will do. If you don’t want to do a survey, that’s not always a problem but it means that your lender can’t be certain about your risk profile and will charge you accordingly in interest. ## What information should I provide a broker to speed up the process? In terms of what you can do to help speed the process up, it always helps to have the relevant loan paperwork ready and waiting to go as and when the lender requires it. Although not an exhaustive list, it’s always handy to have all your ID documentation to hand such as passports, proof of address, utility bills, etc. Secondary to that proof of income always helps, as well as providing a copy of your exit strategy, or if you’d rather your business plan so that the lender knows how and when you intend to repay your loan. ### How to get the perfect bridge finance solicitor Because bridging finance tends to be quite a specialist type of lending and finance it helps to have a solicitor who has experience in dealing with bridging loans too. Aside from outright asking your solicitor if they’ve got the experience in arranging these types of loans, perhaps it’s an idea to also search out a specialist solicitor in this area, either through recommendation or through an online search. It’s probably also an idea to set out your expectations early, such as how quickly you’d like the loan arranged, and how you’d like to be prioritised in their workload. #### Summary Bridging finance is an ideal way to plug a shorter term gap if you require quick funding. It can be used in property as well as a number of other sectors to help where you may require it. That being said bridging is a relatively quick way of acquiring finance. It can be as quick as you want it to be, relatively speaking, if you meet the criteria and have relevant paperwork. How quick you want the loan agreed will also come down to whether you’re happy to wait for surveys and other checks that may delay an agreement. If you want the best rates then you will likely need to wait a little longer for this so that a lender can confirm your risk status, and if you’ve rather have a quicker agreement then you’ll need to prepare to pay a bit more in interest. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog --- ### [London Apartments Set To Bounce Back](https://www.hankzarihs.com/london-apartments-set-to-bounce-back/) **Published:** May 12, 2021 **Author:** Shiraz Khan **Content:** Buyer enquiries for flats in [London](https://www.hankzarihs.com/london/) are hotting up as the nation emerges from lockdown according to key figures in the housing market. The National House Building Council, NHBC, which provides warranties for three-quarters of new homes, reported increasing interest from estate agents such as Rightmove and WhatHouse? NHBC commercial director David Campbell said: “There’s been a sharp increase in London enquiries in the last month. I think we will see a shift back to the acceptance of London-based living.” Heng Leong Cheong, chief executive of EcoWorld London which oversaw the redevelopment of Battersea Power Station, said his company was investing in the capital. “We think that people will return to London. We feel there’s confidence about London’s recovery post-Covid.” WhatHouse? new homes [index](https://s3-eu-west-1.amazonaws.com/static.whathouse.com/new-homes-index/Index+report+Q1+2021+FINAL.pdf) showed London had the biggest rise in enquiries from 6,905 in January to 9,378 in March. The online estate agency said one in four enquiries were for homes in the capital but only five per cent of new homes were in London showing demand outstripping supply. WhatHouse? managing director Daniel Hill said: “Buyer enquiries and viewings are at an all-time high. The signs all point to a positive spring and summer new home surge”. ## House Building bounces back NHBC new build completion figures for January to March 2021 reached 33,074 – a six per cent rise on the same period in 2019 revealing a robust recovery in housebuilding post the pandemic. New registrations for the first quarter at 36,863 were just 1.8 per cent lower than 2019’s figure of 37,548. Registrations for detached and semi-detached houses from January to March 2021 showed an 18 and 30 per cent increase and flats a 21 percent decrease on 2020’s figures. NHBC chief executive Steve Wood said: “There was a higher demand for more rural settings outside cities because of increased home-based working and more people wishing to live with more space. But I don’t think there’s any worry about the death of cities especially among younger people.” New completions in London in the first quarter of 2021 rose by nearly a third to 4,264 compared with the same period in 2019. However, new home registrations at 3,131 were 44 per cent lower than in 2019. Mr Cheong said there was strong competition for land in London which was why his company wanted to team up with partners to redevelop sites. [Bridging brokers Hank Zarihs Associates](https://www.hankzarihs.com/bridging-loan-broker/) said [development finance lenders](https://www.hankzarihs.com/development-finance/) were keen to fund housing projects in London which generally had a fast sales turn around. Office of National Statistics data showed a 5.8 per cent growth in construction output in March which was 2.4 per cent, £334m, above the February 2020 pre-pandemic level. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** News --- ### [First-Time Buyers’ Discounts To Be Piloted in Derbyshire](https://www.hankzarihs.com/first-time-buyers-discounts-to-be-piloted-in-derbyshire/) **Published:** May 10, 2021 **Author:** Shiraz Khan **Content:** A scheme to give discounts of at least 30 per cent to first-time buyers in their local area is to be tested out in Bolsover, Derbyshire. Keepmoat has set aside 12 houses on its Brook Vale development in Shirebrook for buyers who fall into this category. Following the recent local and by-elections, the government has reiterated its commitment to making home ownership more widely available. National Federation of Builders housing and planning policy head Rico Wojtulewicz praised the scheme. “As these homes will be discounted in perpetuity, they will remain affordable in perpetuity and councils can give priority access to key workers, they believe are needed locally,” he said. The idea, set out in a consultation document in February 2020, is aimed at helping thousands of veterans and key workers such as nurses, police officers and teachers. It’s estimated buyers would save an average of £100,000 offering lower deposits and mortgages. The discount would be paid for through section 106 planning contributions and the community infrastructure levy. At the launch of the consultation document housing secretary, Robert Jenrick said: “I want local first-time buyers to be able to settle where they have ties and raise families of their own. And to turn their dream of home ownership into a reality.” Local people would get priority for new homes for the first three from when they are up for sale and after that, they would be open to first-time buyers across England. The first homes would be subject to price caps after the discount which are proposed to be £250,000 across England and £420,000 in London. [Bridging Brokers Hank Zarihs Associates](https://www.hankzarihs.com/bridging-loan-broker/) said [development finance lenders](https://www.hankzarihs.com/development-finance/) were behind any initiative that helped people get their first step on the property ladder. ## Midlands and the North set to be housebuilding hotspots However, social housing campaign groups such as Shelter have been critical claiming it would put new social housing at risk. Where new affordable housing should be built has also become a bone of contention. The government shifted emphasis from shire counties in the south east to urban spots in the Midlands and the North following backbencher pressure. The new planning bill is set to be included in the Queen’s speech tomorrow at Westminster. The new legislation is designed to make it easier for new homes to be built by employing zones for growth, regeneration and protection. Currently local residents have two chances to oppose developments – when the local plan is developed and when the application is lodged. The government’s reforms would end the chance to object again when the application is submitted. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** News --- ### [Mezzanine Finance](https://www.hankzarihs.com/mezzanine-finance/) **Published:** May 6, 2021 **Author:** Shiraz Khan **Content:** Essentially mezzanine finance is a type of loan or finance for experienced property investors, that works differently and is a more complex way to fund property investment. It’s usually used to fund a building or property project, and sits in between the top, or senior, priority debts, and a second charge on the asset. That means that a client may have gotten funding from an initial lender for a set amount that cannot be extended or increased, and secure that amount against a piece of land or a property, before then agreeing further mezzanine finance. Where the mezzanine finance comes in is somewhere in between, with a mix of secured debt and equity finance. This means that, for example, a client may take out a £100,000 development loan, but require a further £50,000 to be able to complete the project. A Mezzanine finance provider would agree to provide that extra £50,000 for a share of, say £25,000 as a second charge loan against the development, and then £25,000 in exchange for a share of the profit. It is a more patient form of finance, and Mezzanine finance can often be extended, to an extent, as and when needed as long as the project remains on track and hits certain targets, at which point further capital would be released. Furthermore, Mezzanine finance can also be used so that a borrower doesn’t have to raise as much on a deposit. So, for the question, [what is Mezzanine finance?](https://www.hankzarihs.com/mezzanine-finance/) It’s a complex form of property finance. For the question does it work? The answer is yes, however, it depends on your circumstances and experience whether it would be right for you. ## How does mezzanine finance work? In its basic format, Mezannine finance is used in property **development** or investment where a borrower needs to arrange further finance, however, can’t get further **funding** from their senior debt provider, then a Mezzanine financing provider may step in. In most scenarios, they’ll offer a second charge loan, which means that if the development or company goes into liquidation, they’re second in line for claiming their money back on the asset secured against the loan (mostly either a property or land). As well as a second charge loan, they’ll quite often ask for a share of the profits once the project is completed. Although they may not always ask for equity, it usually means higher interest on the loan. ### Why use mezzanine finance and its uses If you’re in a position where you need quite quick finance and can’t get it from your principle lender, then you’re able to approach a Mezzanine financing company who can provide the capital you need. Theoretically, **Mezzanine finance** can be used for most things, including business growth, buy outs and share purchases. In property, however, it’s usually used to complete projects, buy materials, expand a project or to reduce the burden on a borrower to raise a large deposit. ### Debt and equity vs mezzanine Generally speaking, when you take out finance, and especially in property, you have two types of loan. Firstly, you have debt, which means that you take out a fixed amount for usually a fixed amount of interest payable over a pre-agreed amount of time. Secondly, you have **equity** finance where an investor effectively provides you with the required finance in exchange for a share of your profit, or a share of a **business**. It can otherwise be known as joint venture finance. Where Mezzanine finance fits in is in between these two types of funding. It comes behind debt equity in the sense that it would be the second priority debt should you fail to repay, and it fits behind equity finance as it will usually offer you some of the funding in exchange for a slice of your profit. ### Example of a Mezzanine loan Let’s say, for example, that one of our clients would like to purchase a commercial property that is valued at £1 million. The property generates £100,000 per year in rental income. The client qualifies for an initial commercial loan, or mortgage, of £600,000 with their deposit of £150,000. That means that the client is £250,000 short of the overall cost of the property. The client could, in this situation, apply for £250,000 in Mezzanine finance from a third party mezzanine loan company. In exchange, the mezzanine finance company would like 5% in yearly interest, as well as 5% of the rental profits. ## Mezzanine finance providers As an experienced broker, we work with a wide range of [Mezzanine finance lenders](https://www.hankzarihs.com/mezzanine-finance-lenders/) that can give you funding. We work with many lenders and companies that you wouldn’t usually have access to through traditional routes, such as pension funds, foreign investors, foreign banks, investment banks and private investors. We also work with a number of more traditional lenders that can offer you good terms. Because we have a number of exclusive relationships and preferred partner arrangements, we can usually get you a better rate than you would usually be able to obtain if you applied yourself individually to these types of providers. Because Mezzanine funding providers prefer experienced applicants, we can also help in this regard with advice and guidance. Because our panel of lenders are also experienced, they also usually offer help and advice too. ## Advantages of mezzanine finance As with any type of finance, Mezzanine debt has its advantages and disadvantages, here are the main upsides to Mezzanine loans. - More control – When clients bring equity partners on board this can cause friction and a loss of control on the part of the developer. If you’re going through joint venture finance, for example, your equity partner has quite a large say over the project, in comparison to mezzanine. - Charges against profits – Until the loan is completed or exited from, a lot of the interest is charged on profits. This means most of the cost of finance is a charge against profits earned rather than an additional working capital requirement. - Flexible – Mezzanine is a highly flexible form of funding and can be used for many things with flexible terms and repayment agreements. - Support – Most lenders offer ongoing advice and support with your project or development. ## Disadvantages of mezzanine finance As with any type of loan or finance arrangement, there are downsides too, here are a few. - It can be risky – Leverage (borrowing money hoping to earn more than you borrowed) is considered risky. You may face significant debts and other penalties if things don’t work out. - Criteria to work to – Lenders may ask for specialist terms, conditions, or schedules that you need to work to in order for them to ensure they see a return on their loan. - Experience required – If you’re not experienced in your field or aren’t able to show a track record of success then there’s not a great chance that you’ll be approved. ### Rates Your rates will vary depending on your experience and the nature of your project, however, it’s sensible to expect to pay about 1% per month generally. ### How do I pay back a mezzanine loan? Because this is quite a flexible form of finance, there are a variety of ways to pay it back. You can choose to repay the debt amount or the interest monthly or annually. Alternatively, you could choose to roll the interest and repay it when you complete the finance at the end of the term. Generally speaking, there will be a number of options presented to you at the point of the finance application. ## Get a mezzanine loan quote today ## Is it safe? Generally speaking, if you’re experienced in your field with a good, solid business plan and a good exit strategy then yes, it is. That being said, there’s a level of risk whenever you agree to take out a loan or finance that you may not be in a position to repay it if things don’t go according to plan. We work with an experienced panel of lenders that are reputable, so there’s nothing to worry about in that regard. ## Difference between senior debt and mezz loan Senior debt is where a lender provides a first charge **loan** against an asset and becomes the ‘senior’ lender. That means, should things go wrong, they get priority on the money made from repossessing the asset, in most cases a property or land. Mezzanine is usually the second charge debt, which means they can claim what’s left once your priority lender is repaid. Mezzanine loans will also usually look to take a cut of the profits once your project is completed. ### Final thoughts If you’re experienced in property or business and understand that this is a complex but flexible way of borrowing capital to complete projects or expand your business, then it’s a great way to get deals over the line or service a debt over the longer term. It’s flexible, quick and has helped a large number of our clients. Having said that, you should understand the detail of what you’re agreeing to and understand the relative downsides too. #### Speak to our experts today Pick up the phone and make an appointment with one of our finance experts today so that you can get the ball rolling and understand what you may qualify for. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog --- ### [Commercial mortgages advantages and disadvantages](https://www.hankzarihs.com/commercial-mortgages-advantages-and-disadvantages/) **Published:** May 6, 2021 **Author:** Shiraz Khan **Content:** As the UK property market has been recovering from the pandemic in 2020, that has meant that many more investors and property developers are now starting to look at commercial property again. Due to the nature of the economic shut down, it meant that many businesses needed to re-think what they used their physical space for. Commercial space for offices and other businesses where people were able to work from home have now fundamentally changed, whilst internet based businesses, for example, have had to commit to much more space to be able to store their stock and goods. It’s also meant that many UK high streets have changed drastically over this period of time too, with many shops either having shut or changed hands, which has meant there’s been a lot of activity in the market. Due to the success of the property market in the UK, including commercial property, this has meant that many more people are interested in a commercial mortgage or commercial mortgages. This has subsequently meant that many lenders are expanding their available products, and we’ve seen a lot more enquiries about these types of commercial mortgage, and commercial mortgages more generally. To give you a better idea of what a commercial mortgage entails, we’ve set out some [advantages and disadvantages of commecial mortgages](https://www.hankzarihs.com/commercial-mortgage-broker/). ## Why choose a commercial mortgage? A commercial mortgage is a popular option for when you’re looking to buy premises for your business because, ultimately, it means you can repay the principle loan over a much longer period of that than if you got, for example, a business loan or other type of borrowing or finance. Having said that, you can use a commercial mortgage for other things too, such as developing the property, changing its use, extending the property, converting a property or even for residential projects too, providing you’re applying for the mortgage as a commercial entity. It means that, although it may appear to be rigid, it’s a fairly flexible option for your business as a whole and can be used for multiple purposes whilst still being a relatively fixed and organised form of lending that is for the long term. To give you a better idea of what some of the advantages are, vs the disadvantages, we’re going to run through the main ones here. ## Advantages of commercial mortgages There are many advantages to a commercial mortgage, however, here are some of the main ones. ### Commercial mortgages are flexible As we’ve mentioned, you don’t have to use a commercial mortgage specifically just to buy commercial property, you can use it for a range of things, including developing an existing property, developing a brand new property, extending your business premises, residential property developments (providing you’re applying as a commercial entity), commercial developments, and to buy land. With that in mind, many of our clients assume that a commercial mortgage is quite rigid and can only be used for very specific purposes but, ultimately, as long as there is a central asset as part of the lending that can be used as security, and you have a good business plan and exit strategy, then realistically it has a wide variety of uses. ### A business mortgage has lower interest A commercial mortgage will typically be significantly less in interest payments than shorter term lending, because you’re borrowing the money over a much longer period. Of course, if you only need the borrowing over a specifically shorter period and you have a large deposit, then a commercial mortgage, and longer term borrowing, may not be for you. Having said that, when it comes to buying commercial property, it’s usually an expensive exercise and, in that context, it’s usually considered a better business practice to spread the payments over a longer period and pay less in interest. More business revenue streams If you have more space than you need then there’s the potential to rent that space out to create more income for your business. This can either be commercial space or residential space, depending on the building itself. Shops, for example, often have residential units above them, and this can mean that over the long term you’re giving yourself much more opportunity to earn revenue. Further to that, once you own the building, you’ll also be accruing capital as the value of the property increases over time. This is never guaranteed, however, the vast majority of properties in the UK will increase somewhat significantly in value over a number of years. ### Commercial security When you own your own premises or building, and have it on a commercial mortgage, the plus is that you know exactly what your monthly payments will be for the foreseeable future, rather than being concerned about the potential for rent rises or whether your tenancy may be ended prematurely. Secondly, you’re avoiding what’s known as ’empty money’, in that your rental payments aren’t going to another business, they’re going into property equity whilst the property itself increases in value, meaning that the ’empty’ rent payments are now effectively accruing interest and servicing another investment on behalf of your business. ## Disadvantages If you’re thinking of applying for a commercial mortgage, it may be the case that it’s not the best product available for you, and that something else may be more suitable, for example, a loan or other finance. Here is a list of the main negatives to be aware of. ### Deposits to buy When you’re looking to buy a commercial property, you’re likely going to need to find quite a sizeable deposit to get approved for it, as commercial property is considered riskier than residential as it’s for a more niche use. Depending on what you want the mortgage for, the type of building, etc, you’re likely to need between 25% and 40% to get approved, and this can be a sizeable amount of capital to get together, especially if you’re looking to buy a building that’s got a high entry price. As opposed to other types of finance or loan, such as a bridging loan, you may need to find a way to get together a decent deposit before you can think about applying for this type of mortgage, however, if you’re unsure you should get in touch with us. ### The property is harder to sell Commercial property is, generally speaking, more difficult to sell than residential property, and this can mean that if you need to vacate the premises or try and sell it quickly this can become complicated. This is especially true if you use the building for quite niche uses. For example, if you’re a chemical manufacturer who uses your building in a specialist way and it’s been developed to accommodate this, then that’s going to be much more difficult than selling, say, a shop unit that could theoretically be used for anything. In comparison, if you’re a tenant in commercial property, it’s much easier to be able to give notice and find different premises if you need to. Of course, there is still the option to change the use of the property and re-mortgage it and convert it to something else or rent it to another business. ### Property maintenance As the owner of a commercial property, all the security, upkeep and maintenance costs are yours to pay for, rather than as a tenant where the landlord would cover the majority of these costs. Over the course of time, these costs can start to add up, however, this is a similar concept to if you own your own home residentially, and over the course of the ownership this tends to balance itself out with the amount that your property increases in value. ### Changing mortgage rates As with any type of long term lending or finance, if your loan isn’t kept at a fixed rate then your repayments can be affected by fluctuating interest rates. We’re currently at historical lows for the base rate of interest from the Bank of England, however, things can change, and if interest rates suddenly rise you could be vulnerable to quickly rising repayments that you’re committed to for years. Again, it’s the same as with your residential mortgage, and of course if interest rates quickly change then your landlord could simply choose to increase your rent payments, however, at that point you’re free to look for somewhere cheaper, and landlords have to respond to the market demand, meaning they may not be able to replace you if they raise your rent by too much, so there’s a risk involved. ### Commercial property prices Whilst, in the scheme of things, it’s likely that you’ll see the value of your commercial property rise if you choose to buy it, there’s always a risk that it could drop too, as with any open market. There’s also risks that external factors could affect the value of your investment too. If, for example, you take out a mortgage on a commercial unit where an off-licence or other type of business opens next door, or a bar, for example, this may drop the value. Again, if you use your property for quite niche purposes this may also exclude some uses and make it less valuable. ### Are commercial mortgages more expensive? It very much depends on the context and what you need the finance for. There are absolutely likely to be some situations where a business loan or shorter term finance may be more appropriate. If, for example, you have quite a lot of capital to put towards a deposit, making the loan smaller, or if you don’t need to borrow a particularly large amount, then it’s more sensible to get a business loan. Whether a mortgage for commercial property is more expensive is relative. If you don’t need to borrow much, then yes because you’ll pay the principle sum over a longer period, however, using a loan as an alternative to a mortgage when you need to borrow a significant amount is usually cheaper because the rate of interest is much closer to the bank of England base rate. #### Speak to our commercial mortgage brokers We have a highly experienced team of mortgage brokers who can advise you through the whole process, and because we offer a wide range of financial products, if it turns out that a mortgage isn’t the best product for your situation, we’ll tell you. We work with a wide variety of lenders, and will always find you the best rates and terms available for you, so why not pick up the phone and speak to somebody today? ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog --- ### [London’s new mayor urged to ease congestion charges for builders](https://www.hankzarihs.com/londons-new-mayor-urged-to-ease-congestion-charges-for-builders/) **Published:** May 5, 2021 **Author:** Shiraz Khan **Content:** The next mayor should consider reducing the impact of proposed boundary taxes affecting builders in greater London, urges the Federation of Master Builders branch for the capital. They’ve drafted a manifesto for the new incumbent calling for help to access workplaces and for an assessment of road closures and restricted parking on their operations. SME construction firms across England have seen the fastest growth in workloads from January to March 2021 in a decade, however, London builders reported the lowest growth activity. **FMB London director Sam Eden said:** “The next London mayor must back builders by supporting policies that matter the most to them, my members tell me this means helping them access the city effectively by being more flexible with road closures and restricted travel.” The current mayor Sadiq Khan successfully fought against proposals for the congestion zone to be extended to the north and south circular which would have affected over four million Londoners. The FMB’s trade survey shows 55 per cent of respondents reporting increased workloads across the UK with Wales topping the charts at 63 per cent and London trailing at 17 per cent. Repairs and maintenance accounted for most new work at 36 per cent compared with house building at 24 per cent. But 38 per cent of respondents said they had difficulty recruiting bricklayers and 34 per cent struggled to hire joiners – an increase of 16 and 11 per cent on the previous quarter. **Builders north of the border get backing for more new homes** Scottish respondents saw a drop in workload of 8 per cent due to being restricted just to essential [construction](https://www.hankzarihs.com/construction-loans/) work from January to March. They were also hampered by snow and ice halting work on-site for the first quarter of the year. The trade body Homes for [Scotland](https://www.hankzarihs.com/bridging-loans-scotland/), HoS, announced it has gained political backing for its campaign for at least 25,000 new homes to be built a year. Ahead of tomorrow’s elections key candidates from the Conservative, Green, Labour, Liberal Democrat and SNP have confirmed their support. HoS chief executive Nicola Barclay said: “The next few years will be crucial to all of us involved in housing delivery. Too many Scots, particularly young people, are stuck in unsuitable housing, unable to afford their own home.” She said all parties need to work together to make sure people have the homes they need, both socially and economically, to recover from the pandemic. “Let’s move beyond rhetoric and seize the opportunity of a fresh Parliament to accomplish that,” she said. FMB Scotland is calling for a five-year programme for public sector construction projects and a simplified tendering process to create more confidence and opportunities for SMEs. Brokers [Hank Zarihs Associates](http://www.hankzarihs.com) said [development finance](https://www.finance-monthly.com/2018/11/development-finance-is-the-biggest-hitch-for-building-boom/) lenders were keen to see the country recover quickly from what was a particularly bruising year for local builders. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [HMO to Residential Conversion](https://www.hankzarihs.com/converting-hmo-to-residential/) **Published:** April 30, 2021 **Author:** Shiraz Khan **Content:** Larger HMO properties can be ideal candidates for a number of uses, mainly conversion back into a larger residential property. They can also be converted into flats or other types of property that you can rent out, whilst removing the actual multiple occupation definition. Whilst these types of properties can be lucrative and profitable to invest in and rent out to tenants, they can also be quite complicated and hard work to manage, hence why many of our clients decide to buy these types of properties and change them back into residential use. With the property boom that’s been occurring across the UK, investors have been making hay whilst the sun has been shining. This has meant looking at some alternative options to the standard house purchase pathway, including converting this type of property as well as other former use commercial properties such as hotels, B&B’s and guesthouses. It’s not always a straightforward process, and there are some legal things to consider, but we’ve written a short guide here to talk you through the basics on [converting a HMO back to residential](https://www.hankzarihs.com/converting-hmo-to-residential/). ## Do I need planning permission to convert an HMO to single dwelling? ![planning permission needed for extensions](https://www.hankzarihs.com/wp-content/uploads/2021/04/planning_permission_needed_for_extensions-1024x683.jpg "- Bridging and Development Finance Solutions")You may do, yes, so first and foremost the first thing we’d advise you to do is to speak to your local council’s planning department about whether they would want you to apply for planning permission to complete the conversion of the property. Whether you require planning permission will depend on what work needs to be carried out and what sort of changes you’re looking to make to the property. If the works are completely internal and won’t change the appearance of the property, then you might not need planning permission to carry out this building work. Realistically, if the property is unoccupied you don’t require a licence, and technically **planning permission** would only apply in certain circumstances, however, as we’ve mentioned, the best bet is to contact your local authority first and get their advice. ## What is an HMO license? This type of licence is required if your property meets the requirement of a multiple occupation property, which would be when your property “is occupied by 5 or more people forming 2 or more households, regardless of the number of floors in the property”. These licences are obtained from the local authority council, and you’re required to go on a training course to before you’ll be granted one, these are run in coordination with the Residential Landlords Association and usually last for 5 years, and you’ll need to nominate an individual, agent or company to be the licence holder. The cost of obtaining this licence will vary depending on who you obtain it from, but you should expect to pay somewhere between £350 and £750 for it. If you operate a multiple occupation property without this licence you could be fined up to £20,000 and they’re not transferrable. ### Do I need to have an HMO license? If your property falls under the above definition then yes, you do, otherwise you’re liable for a fine of up to £20,000. Don’t forget, if your property is occupied by 5 or more people from more than 1 family, then that property is considered multiple occupation and requires a licence. Remember, they’re not transferrable, so if you purchase a property of multiple occupation with existing tenants, you’ll need to apply for a new licence for yourself or via an agent or company. You can get these licences from your local authority. If you purchase a former multiple occupation property that no longer has multiple occupants, then you won’t need one. ### How to remove an HMO status? If you don’t want to use the property for multiple occupation anymore, then you need to give the tenants of the property legal notice to vacate the property once their respective tenancy agreements have expired. If, for example, they’ve just started a new 12 month tenancy agreement, then you may need to wait for that to expire before you can then legally ask them to vacate. Once the property is vacant there’s no need, unless you require planning permission, to do anything else as the licence will simply expire by itself and there’s no need to renew it as long as your property is now solely for residential use. With that in mind, you don’t need to physically contact anybody or do anything specific to remove the status as a property of multiple occupation, you simply don’t renew the licence. You can, of course, contact the council and let them know if you feel as though that may be useful. ## C3 and C4, what’s the difference? The Town and County Planning (Use Classes) 1987 Order didn’t originally include a specific Use Class for **HMOs**, regardless of the number of tenants. This was amended in 2010 to include a standalone Use Class for HMOs. There are now two separate property classes for properties with more than five people living in them. A C3 property is considered a ‘dwelling house’, and under the planning order, is defined as a property that “allows for groups of people (up to six) living together as a single household. This allows for those groupings that do not fall within the C4 HMO definition, but which fell within the previous C3 use class, to be provided for i.e. a small religious community may fall into this section as could a homeowner who is living with a lodger.” This is a specialist type of classification that is given by the local authority, and at their discretion. Broadly speaking, it’s for a large group of people that live together in the same house, not as part of a family, but who could be considered a household. For example, a homeowner and lodger could fall into this category, or 4 foreign exchange students living together, but this classification isn’t broadly used. A C4 property classification is used, by definition, for “small shared houses occupied by between three and six unrelated individuals, as their only or main residence, who share basic amenities such as a kitchen or bathroom” So, these are for smaller, but the most typical, type of HMO. ## I want to change an HMO to a family home This is the most typical change of use that we come across and, technically speaking, it should be fairly easy to achieve, however, there are some things that need to be considered and that can get in the way. If you’re buying an HMO that already has tenants in the property then you’ll need to, firstly, try and find out how long they have left on their tenancy agreements so that you know how long it may take until the property will become totally vacant. You need to follow the legal route to asking the tenants to vacate, so it’s worth consulting with a solicitor or expert if you’re going to need to do this. Secondly, and, again, if you’ve already got active tenants, the HMO licence isn’t transferrable, so you’ll need to apply for a licence for yourself whilst you wait for the property to become fully vacant. If the property is already vacant, then you won’t need to apply for a new licence, you can just let the old one expire. Now, if you’re needing to undertake building work to get it to the standard you’re looking for, for your family home, you’ll need to consider the possibility of planning requirements. Again, if the works are fairly light, for example removing fire doors or a bathroom, then you probably won’t need it, but if you’re taking out more substantial work you may do, and our advice is to always check with the local planning department. ## How to change the use from HMO to flats? In terms of licencing, there’s little you’ll need to do if you’re converting an HMO into flats because, presumably, it would be vacant at that point to allow you to do the renovation works and change the architecture. An HMO definition only applies when people are within a single property or dwelling. If your project is converting them into completely separate dwellings then chances are, you’ll likely need to acquire planning permission, however, so this is likely to be your biggest challenge, so this is where you should focus your energy. #### Summary Converting an HMO can often be very straight forward but the main things you’ll need to consider are: - Does it have existing tenants, and how long do their agreements last? - Will you require a licence whilst waiting for them to vacate? - Will you need planning permission in the course of your renovation? These are your three main challenges, and whilst it often adheres to the laws of common sense, we would always advise you to speak to a solicitor, the planning department at the local authority, and, where necessary financial experts. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog --- ### [Material delays pose threat to building growth](https://www.hankzarihs.com/material-delays-pose-threat-to-building-growth/) **Published:** April 28, 2021 **Author:** Shiraz Khan **Content:** Timber, roof tiles and roofing membranes are proving pricier and harder to source with longer lead times threatening construction output. Imports such as paints and varnishes are expected to be difficult to get next month with shortages in PVC and resins for the rest of the year. Roofing supplies are in some cases delayed by up to six months although they’re expected to improve in the second half of the year. Timber is likely to be scarce for the whole of 2021 with battens and decking the worst affected. Builders Merchants Federation, [BMF](https://www.bmf.org.uk/), chief executive John Newcomb said: “There is unlikely to be any improvement in timber supplies this year with little or no timber currently coming into the UK that is not already pre-sold and global demand outstripping supply.” Global demand is causing raw material shortages while factory closures abroad have led to lower production of polythene and polypropylene, thermal insulation foam, paints, adhesives and coatings. Particleboard production is down by 20 per cent, according to industry sources. The Construction Products Association, CPA, said prices and lead times for structural steel, internal steel and galvanised steel had increased due to worldwide demand. “Evidence suggests that some steel products may suffer continues shortages into the second half of the year,” said CPA chief executive **Peter Caplehorn.** **Shipping rates per container have increased from $2,100 last year to more than $10,00, according to MRA Research data.** **Industry comes together to address supply shortages** **The CLC has set up a products availability** group **to** explore solutions to alleviate other supply chain bottlenecks including accepting deliveries outside normal opening hours. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said property development finance lenders were optimistic good communication and planning with suppliers would minimise problems. Construction Products Association, CPA, economics director Noble Francis said: “There are significant risks to the recovery in the form of supply constraints in terms of extended lead times and sharp rises in costs for vital imported products. This may hinder the ability of construction activity to increase in line with our forecast.” The purchasing manager’s index for construction output in March reached its highest figure in six years of 61.7, well above the 50 no-change status. However, the CPA warned high demand for new housing, repairs and maintenance may subside once furloughing, self-employed income schemes and stamp duty holiday finish on 30th September. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [SME builders give thumbs up to £150m to kickstart ‘made to order’ homes](https://www.hankzarihs.com/sme-builders-give-thumbs-up-to-150m-to-kickstart-made-to-order-homes/) **Published:** April 26, 2021 **Author:** Shiraz Khan **Content:** Smaller builders could benefit from a £150m ‘help to build’ fund to make it easier for people to commission a bespoke home. The government initiative is aimed at creating a level playing field between first-time buyers of [newly built homes](https://www.hankzarihs.com/new-build-developer-loans/), who benefit from ‘help to buy’, and those who want to build their own home. Housing secretary Robert Jenrick said: “Building your own home shouldn’t be the preserve of a small number of people, but a mainstream, realistic and affordable option for people across the country. That’s why we are making it easier and more affordable – backed by over £150m new funding from the government.” The scheme will provide an equity loan on the completed home, similar in principle to the help-to-buy initiative. The fund is part of an [action plan](https://www.gov.uk/government/publications/self-and-custom-build-action-plan/self-and-custom-build-action-plan) to boost custom and self-built homes including revisiting the right to build legislation and allocating more funding for the right to build task force. Prime minister Boris Johnson has appointed Conservative MP Richard Bacon to lead a review for scaling up the sector. Mr Johnson said: “Self-build and custom housebuilding can play a crucial role in increasing choice for consumers and ensuring people can live in the homes that they want, and that are designed to meet their needs. We know that self and custom builders deliver high quality, well-designed homes that are energy-efficient, accessible, affordable, and welcomed by their communities.” Compared to other European countries such as Germany, the UK has a small self and custom-build sector. The government hopes to increase the number of self and custom-built homes to 30 to 40,000 a year. It sees the help-to-build fund as part of its wider ‘plan for jobs’ aimed at boosting SME builders who are estimated to account for one in ten new homes. **Site shortage holding back SME activity** The Federation of Master Builders, FMB, said the new fund was positive but stressed the government must address the lack of sites for development. FMB chief executive Brian Berry said: “With almost one in two SMEs saying their output is hampered by a ‘lack of available and viable land’, local authorities must allocate more small sites in their local plans for incremental development.” He added more funding for time-poor local authority planning departments to help them make quicker planning decisions was important. The National Custom and Self Build Association, NaCSBA, chief executive Andrew Baddeley-Chappell agreed that more parcels of land would be crucial for supporting the sector. “These could be single plots, small developments and or larger sites that have been subdivided to include capacity for plots. There are big opportunities for those able to focus their businesses on delivering all aspects of the homes and communities that people want,” he said. The National Federation of Builders warned that unless local authorities allocated land and granted permission for self and custom-builds then the government’s housing market reforms would fail. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance [lenders](https://www.hankzarihs.com/development-finance/) had said for some time that more available sites and a quicker planning process were instrumental in fostering SME builders. Mr Berry stressed that SMEs trained the majority of apprentices and recruited locally so were crucial to fostering employment in communities across England. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [HMO Mortgages for first time landlords](https://www.hankzarihs.com/hmo-mortgages-for-first-time-landlords/) **Published:** April 23, 2021 **Author:** Shiraz Khan **Content:** The number of new landlords entering the UK property recently has sky rocketed thanks to a number of contributing factors. Certainly, if you’ve been reading the papers recently, and more specifically the **finance** pages, you’ll have seen yourself the level of coverage given to the success of UK property recently. Demand has been rising for some time now, however, following the pandemic the drive for younger renters to move into bigger space, or just their own space, has exploded in part thanks to the amount of time that many younger people have been forced to spend so much time indoors with family or roommates. This has, in turn, placed an upward pressure on prices as supply struggles to keep pace with this demand. Prices across the UK have risen somewhere in the region of 8% or more just in 2020. Due to the increasing demand in rental properties this has meant that rents have also grown significantly too. Consequently, yields have then grown to their highest rates in decades. It goes without saying that it’s a good time to be a landlord right now, however, there has been an enormous surge in popularity for HMO and HMO mortgages. An HMO is a House in Multiple Occupation, which is where a singular property has been split into separate dwellings. An example where a 5-bedroom house has been developed and split into 5 separate rooms with a lockable door, access to a bathroom, and access to a kitchen. In recent years more and more people are looking to invest in HMO, so we’ve put together a short guide if this is something you’ve been looking at. HMO mortgages for first time landlords can be difficult to agree with traditional lenders, however, as an experienced broker, we’re able to talk you through the process and assist you. ## Can I get an HMO mortgage with no letting experience? It’s not as easy as when you’ve got experience as a landlord, but yes, it’s certainly possible to get an HMO mortgage with little or no experience. There are, of course, some criteria that you’ll be expected to meet as a new landlord with no experience, as this will make you a riskier investment than somebody who’s managed a HMO property before, however, HMO mortgages can be agreed for new landlords and it’s something we’re able to help with. We’ll cover some things to consider later in the guide if you’re thinking about an HMO mortgage, however, you should understand that you’ll have less choice between lenders as a first-time landlord. ### HMO Mortgage Calculator To help give you a better idea of what to expect we’ve built a calculator to illustrate what you may pay depending on your deposit, the amount you’re looking to borrow, the interest rate charged and the length of time you’re looking to borrow the money over. All the fields are adjustable for the HMO mortgage calculator, and you can move them and change them to see how it could affect your affordability for a first-time HMO. ## Can first time buyers get an HMO mortgage? Yes, as a first-time buyer you can get a HMO mortgage, however, you’ll be in a similar situation to first-time landlords, in that your choice of lenders may be slimmer, and the interest rate could be higher, as you’ll be considered a higher risk. Many first-time buyers decide to put their money into property investments rather than into an owner occupier property as long term investment, and to earn a rental income. As a general rule of thumb you can expect to need a deposit of 35%, however, with a good personal credit rating and a good income you may qualify for a Loan To Value (LTV) of 70%, but this is something that can be discussed with a broker if you require more information. ## Can I get a live in landlord HMO mortgage? Yes you can, and if you decide to live in the property with your tenants then this doesn’t change the fundamentals of an HMO mortgage in that the criteria and terms remain the same and you are applying for the same product. Landlords can live in their properties and it is classed as an HMO if you have more than two non-family members living in the **property**, any less and it isn’t technically an HMO anyway. ## Are HMOs a good investment? Strictly speaking, any property is a good investment, for a number of reasons. There isn’t any 5 year period in the past 50 years that house prices haven’t increased in the UK and, on current trends, more people than ever are going to be looking to rent property in the next few decades as those prices continue to increase and property supply struggles to keep pace. Property has been an extremely good investment in recent years, and owning an HMO is very profitable if the rental yields are good. If you’re splitting that rental income into two, three, four or even five then the yield increases markedly and can make for a very good income. Of course, everybody’s situations are different, and you should consider your affordability and the fact that an HMO can be a lot more work than a simple **buy-to-let**, but on the whole, yes, they are. ### HMO mortgage rates Rates and interest for HMO mortgages will, of course, vary between different lenders, and also according to your circumstances, your experience and your credit rating, however, we can give you a rough idea of what to expect should you be accepted for one of our lenders’ HMO mortgages. The key features of these HMO mortgages are that you can get lending up to 75% Loan To Value (LTV), annual rates up to 3.90%, your interest is charged daily, the minimum amount is £250,000, there are no Early Repayment Charges (ERC), maximum term is 25 years, your property will be valued at the Open Market Value (OMV), and maximum loan amount is £25,000,000. Your rate of interest will depend on your LTV. If you take out HMO mortgages at 65% LTV you’ll pay 3.59% annual rate, if you take out 70% LTV you’ll pay 3.69% and if you take out a 75% LTV loan for HMO, you’ll pay 3.90% annual rate. ### Can I get an HMO mortgage on a SPV? Yes, you can. An SPV is a Special Purpose Vehicle, which is a form of company that you can form specifically to invest into, and manage, properties. It’s considered more tax efficient, and many of our clients consider it easier to have an SPV with the specific purpose of managing a property or properties in a portfolio. As an SPV, you can arrange a first mortgage for an HMO, however, other criteria will come into play such as your experience, the team around you, the property itself, your personal credit rating, and perhaps what security you may be able to offer. That being said, it’s something you can discuss in more detail with a broker who has good experience of HMOs and SPVs as well as mortgages. ## What to consider for first time landlords Earlier in this guide we’d mentioned there were some further things to consider, and here are a few things to keep in mind when considering: - Fire safety and other standards: If you’re converting an HMO or buying an HMO, you’ll need to ensure that it complies with all safety standards, including fire safety. Things like fire doors, fire extinguishers, a fire escape, and other safety measures need to be in place, up to date and in place. If they’re not then not only can they be expensive to implement, you could be heavily fined for not having them. - Affordability: This is really key. When you’re looking at a mortgage application, you need to ensure that you’re being honest about your affordability and your budgeting. Being unable to make your mortgage repayments can have serious repercussions. - The property: Is it right or is it available? These are two separate things, and you need to ensure that you’re getting a property that’s right for HMO (available space, etc), that’s in a good location (Urban areas near cities or student areas, for example), and in a good state of repair. - Workload: First time landlords may find that a buy-to-let can be harder work than they thought, but an HMO can be even harder work considering you’re taking responsibility for at least 2 tenants, and up to 10 different tenants depending on the property. The paperwork, management and maintenance can be hard work. - Your tax implications: We’ve already discussed the benefits of an SPV, but if this your first buy-to-let or HMO, then you probably need to speak to an accountant to ensure that you’re aware of all your tax liabilities and responsibilities, as this can become complicated. #### Speak to our HMO mortgage brokers Our team of brokers are the best in the business. They’ve got the experience to help you from start to finish and advise you of everything you need to know. They’ve got great relationships with all of our lenders on our panel, and we’ll ensure that you get the absolute best rates available to you. If you’re interested in taking on an HMO, then get in touch with us today. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog --- ### [100% Development Finance – Everything you need to know](https://www.hankzarihs.com/100-development-finance/) **Published:** April 23, 2021 **Author:** Shiraz Khan **Content:** The demand for quality land in the UK has likely never been higher. We all know that good quality land that is either likely to be granted planning permission, or has had planning permission granted, can be worth thousands or even millions. Once that land has been developed it’s worth even more, and that’s easy for everybody to see if they just take a look at the share prices of the UK’s largest house building companies. Granted, that also has much to do with the government’s flagship help-to-buy scheme, but with the announcement of its extension, and now a 95% mortgage backed and guaranteed by the government, that premium for new-build properties, and developed properties in general, is unlikely to abate any time soon. We can confidently say that through our own clients we have seen a large increase in the number of enquiries we’ve been seeing about 100% development finance, and development finance more generally. Development finance, when done well, is a highly lucrative business, however, most can’t afford to do it all with their own money and so most will often need to raise some capital through development finance or finance more generally. That’s where we help out our clients and give them access to our extensive and diverse panel of lenders that are able to provide finance at great rates, for a wide variety of development projects, and from finance companies that truly understand the process and offer specialised products, including 100% development **finance**. ## What is 100% development finance? 100% development finance, also known as Joint Venture finance, or JV finance, is a way for property and land developers to raise capital to complete a project without having to put their own money in. The question you’re already asking, is why somebody would front up 100 per cent of the cost, and the answer is because they get to share in the profits once the project has been completed. There are two types of 100% development finance, or joint venture finance. The first is where the lender doesn’t charge any interest on the debt, but asks for a greater share of the profits, and the second is where the lender charges interest on the money, but takes a slightly smaller cut of the profits once the development is completed. Usually, it’s around 50/50 on the profits for the lender and the developer, however, this can vary. ## Can I get 100% development finance with no experience? The chances are slim, but not non-existent. Realistically if you don’t personally have experience in property development then you’re going to need a pretty impressive business plan and a great team around you. Investing in property development can be extremely risky if things go wrong, and so if a lender is prepared to take on a large amount of risk then they’re going to want to feel confident that you’re going to be able to complete your project on budget and on time to the specifications you’re saying you can meet. It’s certainly more difficult to be accepted for development finance with little experience, but this is something you can discuss with a broker and they can provide you with some more detailed advice. ### Can I get 100% development finance without a profit share? Yes, it’s possible, however, you’ll need to provide additional security, usually in the form of property or land. It can be your own property, investment property or land that could be used for development in the future. Joint venture development finance will always require either additional security or a profit share. By going for joint venture finance you’re indicating that you’re happy to share the rewards with the lender in exchange for them taking a risk on you. As is the case with venture capitalism, investing in a project or business in the early stages is often the riskiest part and so most investors will want a good reward for taking so much risk. If you’re experienced with a good record then there could be room for some negotiation, however, this is something you’d need to discuss with a broker in more detail. ## Criteria – Do I qualify? - Experience – You need to be experienced in the industry and have a track record of success to give the lender the confidence they need that you’re going to be able to deliver on your promises. - Profitability – You’ll need to be able to deliver a profit margin on your project of at least 25%, however, most of our lending panel would prefer to see a margin of 30% or over. - Gross Development Value – Most of our panel will want to see a Gross Development Value (GDV) of at least £1 million to consider a joint development finance proposal. - Planning permission – The vast majority of our lenders will want to see that you already have planning permission in place before agreeing to finance your development, as taking on projects before planning permission is agreed is extremely risky. ## Benefits of 100% development finance There’s a reason why this type of development finance is one of our most popular products for a developer. Here are the main benefits of this type of loan. ### Lower risk You’re taking on less risk by not fronting the entire amount, and so the pressure isn’t quite as great on just your shoulders. By sharing the risk with a lender, it means that you have more space to breath and get on with the project in hand. It also means that you’re not stretching yourself too thin by perhaps putting all your money into the project and trying to do things cheaper than you may with the backing of a loan. ### Flexible timescales Generally speaking, most lenders will be looking for an exit plan of between 6 to 60 months, meaning that you’re in a much better position to not be constrained by time expectations that can come with other types of development finance. Because we can work with flexible terms this lightens the pressure on you as a developer, and this property development finance can work around you and your plan. ### Help with project management Most of our panel are highly experienced and specialist loan providers, meaning that they’ll be involved in the process and can help you along the way with project management and other types of assistance. Ultimately, if you’ve got a good and profitable project that our lenders are interested in then it’s in everybody’s interest for you to succeed, so there will be help available for you along the way. ## Other ways to finance property Of course, this type of development finance may not be right for you and, ultimately, we’re here to find the right products for you and your situation. We offer lots of products that can help, from auction finance, to a mortgage, to commercial mortgages and beyond. Because we operate as a broker and an intermediary we have access to a number of different and specialised products offered by investors and lenders that you may not normally have access to, as opposed to a **bank** or traditional lender or loan provider. ## Regulated development finance Regulated development finance is used for when the property being developed is going to be used as a primary house or dwelling of the borrower. So if you’re looking at the types of developments that will ultimately become a house for you or your immediate family, that then means that the product is regulated by the Financial Conduct Authority, otherwise known as the FCA because the loan is then considered a consumer product rather than business or commercial. ## Bridging loan A bridging loan can be used when you’re looking for shorter term finance before re-arranging something like a **mortgage** or other longer term loans. Often these are used when an investor only needs capital for a short time, usually between 3 months and a few years, in order to complete a project that they’ll then sell or use to rent out. A traditional lender won’t provide a mortgage or other lending for a risky project, and so this means that investors use them to buy land, materials, or pay for the development of the site before then paying the loan off quickly. This can be attractive as it doesn’t require a profit share model, but the interest is often higher than other types of loans or lending. ## Commercial Finance Commercial finance is usually just a term that’s used to mean lending or loans for a business or commercial enterprise rather than an individual, but it can be very flexible in its terms and rates. If you’re looking to borrow against or as a business to limit your liability and your business has a good credit rating then this can be a good option, especially for **property** developers, as it prevents them being pursued as individuals should something go wrong. Of course, this type of lending can mean tax liabilities, and so it’s something that should certainly be discussed with an accountant before agreeing it, however, there are many benefits. This type of lending is considered to be unregulated as it’s not consumer finance in the way that a regulated loan would be considered, and it also means that the amounts that can be lent are higher and can be taken over longer terms, should you require it. #### Summary Ultimately, if property development is something that you’re looking at and need lending for, then it’s something that we can help with. Joint venture financing is certainly popular as it reduces the risk on behalf of the developer and provides lots of support, however, the criteria for your experience is usually quite strict and many lenders will require that you’re on your second, third or fourth development before considering you for 100% funding. If you’re looking at a smaller project or are just starting out then it’s likely that a different product may be better for you, such as bridging loans or commercial finance. The best advice in these circumstances is to pick up the phone and speak to a broker about it, as they can run you through the process and understand your project in more specific terms. Once it’s understood what you’re looking to achieve and where you’re at, then we can start to recommend some products. We’re a company with many years’ experience in the industry and we can guarantee you a friendly and expert service with access to the best lenders on the market. If you’re looking to get a better idea of what may be available to you, then pick up the phone today and speak to somebody who can help. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog --- ### [UK must have a plan to reach tough new carbon emission goals](https://www.hankzarihs.com/uk-must-plan-to-reach-new-carbon-emissions-goal/) **Published:** April 21, 2021 **Author:** Shiraz Khan **Content:** Pressure is mounting on the government to come up with a water-tight strategy to meet ambitious new carbon-cutting targets, argues the construction industry. Prime minister Boris Johnson’s announcement that the UK must cut emissions by 78 per cent by 2035 compared to 1990 levels has intensified the call for a national retrofit strategy. Cooperative RetrofitWorks founder Russell Smith said: “The target is meaningless unless there’s a plan to achieve it and that’s the thing we are missing.” Federation of Master Builders chief executive Brian Berry said a national retrofit strategy was needed to give the public and contractors the confidence to invest in greener homes. “Our homes use 35 per cent of the UK’s total energy usage and emit 20 per cent of carbon dioxide emissions. Net-zero will only be possible with a long-term plan to green our homes.” **Prospective green refurbishers need confidence to invest** Another 500,000 qualified people are needed to do the work but these new workers are unlikely to invest unless they have assurances of their long-term career prospects, argues Mr Smith. Last month the government scrapped its troubled £1.5bn green home grant scheme due to a complicated accreditation process and delays in issuing vouchers to those who had applied. The Construction Leadership Council’s national retrofit strategy, [NRS](https://www.constructionleadershipcouncil.co.uk/wp-content/uploads/2020/12/CLC-National-Retrofit-Strategy-final-for-consultation.pdf), published in December proposes building passports so people can see a pathway to making their homes net zero. The industry is hoping the government’s imminent heat and building strategy paper will embrace much of its NRS recommendations including [lowering VAT](https://www.hankzarihs.com/vat-loans/) for green improvements to five per cent. Mr Berry said: “It’s essential the forthcoming paper be ambitious, long-term and comprehensive in its plan to upgrade our housing stock. This will help position the UK as a global leader in tackling climate change ahead of COP26.”The UK’s 28m homes use 35 per cent of all the nation’s energy accounting for 20 per cent of carbon dioxide emissions. The NRS proposes that retrofits should be carried out alongside other improvements householders may make such as installing a new kitchen or bathroom. Brokers [Hank Zarihs Associates](http://www.hankzarihs.com) said development and property [refurbishment finance](https://www.hankzarihs.com/refurbishment-finance/) lenders backed the idea of a holistic approach to home improvements.The new UK target was released ahead of tomorrow’s US climate summit which will outline the nation’s new carbon reduction goal. The UK is the first country to enter legally binding long-term carbon budgets, first introduced as part of the 2008 Climate Change Act. Since then, five carbon budgets have been put into law putting the UK on track to meet the goal of achieving net zero emissions by 2050. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** News --- ### [Owner occupied commercial mortgages](https://www.hankzarihs.com/owner-occupied-commercial-mortgage/) **Published:** April 20, 2021 **Author:** Shiraz Khan **Content:** As the UK property market has been moving from strength to strength during and after the pandemic, it’s made perfect sense that more and more people, as well as business owners, are now looking to invest into residential and commercial property. That often means, of course, that clients require a mortgage in order to be able to invest in property that requires quite a lot of capital. With the increase in demand for property, and lending, this has also meant that the product ranges that many lenders provide has expanded substantially. ![commercial business which is owner occupied](https://www.hankzarihs.com/wp-content/uploads/2021/04/commercial_business_which_is_owner_occupied-1024x683.jpg "- Bridging and Development Finance Solutions")Many lenders are now offering highly specialised mortgage products for our clients, and this has seen a huge drive in demand. We have certainly seen a large surge in demand and enquiries for more niche products, and our panel of lenders have been responding to that demand. One of these products that has proved enormously popular are owner occupier mortgages. An **owner occupier** mortgage is a specialist mortgage for commercial property owners that have a business operating in their property. Because we have been getting lots of questions about this type of mortgage, we’ve put together a short guide for clients and those who want to know more about this type of mortgage. ## What is an owner occupied commercial mortgage? In simple terms this type of mortgage is when the owner of a commercial property also runs a business in the same property. Often, businesses will rent their property and this is considered different and separate to being the physical owner of the property, as they make their income solely from the rent that they charge, as opposed to a business that can make income from various sources. A mortgage, in this instance, would be if an individual or business entity took out a mortgage in order to also purchase the building or property that they occupy. Hence the term owner-occupier – you own the building, but you also occupy it as a business too. In commercial terms, any type of business can qualify for this type of mortgage – sole trader, partnership, limited companies, and limited liability partnerships too. They don’t operate in a fundamentally different way to a residential mortgage, or any other **mortgage**, but they are designed specifically for owner occupied property. ### What does owner-occupied mean? It’s just a simple term used for classifying who owns a property or building. If you occupy the property and also own it too, then you would fall into this classification. Sometimes businesses will start off renting their premises whilst they’re smaller, and then look to buy their premises outright, either fully or with a commercial mortgage, in order to cut the cost of a let over the long term. ### Owner occupied commercial mortgage rates Rates for a commercial mortgage will vary depending on your circumstances. Firstly, whether you have a decent sized deposit for the mortgage, and then also whether you’re looking to purchase the building as an individual (sole trader), or a business entity such as a limited company or a partnership. Your credit rating either as an individual or a business will also affect your ability to get approved for these **mortgages**. Perhaps not as much as it may with residential mortgages, however, it’s worth mentioning it to a broker if you feel like this may affect your application and we can look at this in more detail. ### Commercial mortgage calculator To help you get a better idea of what you may be able to qualify for with **commercial** mortgages we’ve put together a calculator that will allow you to adjust the inputs such as interest, term, amount and deposit. This will allow you to understand your affordability if mortgages are something you’ve been considering. Of course, this isn’t exhaustive, and if you’d like a more detailed quote then we’d advise speaking to one of our brokers. ## What qualifies as owner occupied? There are many examples of owner-occupied businesses and premises, and it usually just means that you’re operating as a **business** in a building that you own, however, here are a few examples of situations where our clients may look to apply for mortgages for this type of property, as a business. Clients may be purchasing or looking to buy a freehold business or commercial premises for the first time and may not have the capital. Similarly, they may be looking to buy a business that also comes with its own commercial premises and as a result may look at mortgages as a way to complete the sale of the business. There are some situations where a client may be looking to buy premises as a multi-use entity, with residential housing as part of the entire project. Some clients may also look to re-mortgage their commercial premises in order to raise finance. These are all qualifying circumstances, however, if you’re not quite sure whether you fit the criteria simply get in touch with a quick enquiry. ## What can this type of mortgage be used for? These types of mortgages can be used for many different uses, however, most of the time it’s simply used so that a business can purchase the building or premises they work from. It can also be used when buying a business that also owns its premises, too. Alternatively, lots of our clients use these types of mortgages to raise **finance** if they already own their commercial premises and can often look to re-mortgage if they need to. ## Pros and cons of owner occupied mortgages As with any financial arrangement, including mortgages, there pros and cons, and we’ll run through the positives and negatives of these commercial types of mortgages to help you if you’re considering applying for one, or perhaps thinking about buying your commercial premises. ### It can be cheaper than renting Across the longer term it can prove, ultimately, to be considerably cheaper than renting over years. Of course, this may not be the case if you’re looking to expand your business significantly or you’re looking at a short term arrangement, however, this allows you to get ahead of inflation, rental demand, and other price increases. ### A high LTV threshold As opposed to other forms of lending, mortgages that are commercial have a **Loan** To Value (LTV) threshold of up to about 80%, although there are other specialist lenders who may be able to lend higher than that, depending on your circumstances. ### A fairly quick process Despite applying for mortgages that are commercial potentially being complicated if you’ve not done one before, the process is actually fairly simple. Our brokers are able to talk you through the process from start to finish, and once you’ve got an agreement in principle, we can often have the final paperwork done and the funds released within 2 weeks. ### Cons of owner occupied mortgages Of course, there are also downsides. ### Lots of paperwork required Due to the nature of these mortgages, there is often a lot of money changing hands and, so, lenders must do their due diligence and select mortgages that they feel aren’t too high risk. This means that you’ll need to provide quite a lot of proof with regards to your income, a business plan, and potentially other criteria too. ### Maintenance costs Unlike when you have a landlord, the maintenance is broadly your responsibility and can add substantial costs to your annual costs and costs of running the business. Whilst a survey can be carried out before agreeing these commercial types of mortgages, there may always be some things that need doing regardless. ### Difficult to move The nature of business means that things can be unpredictable, and there may be times when you need to be able to move or be flexible. As with residential mortgages, mortgages that are used for commercial purposes can mean that you’d find it difficult to sell the premises as they can only be used for commercial purposes. This isn’t a bad thing if you’re planning for the longer term, however, this can become an issue if problems arise and you need to leave your premises. #### Speak to our brokers to learn more about owner occupied mortgages We’ve got years of experience dealing with mortgages that are required for commercial property, and so you can be sure that when you speak to our brokers, you’ll be getting the best advice on the market. We understand that when our clients want to buy their commercial premises that it can be stressful and can be time consuming, which is why we try to make it as easy as possible to get the advice you need and we talk you through the process from start to finish. We shop the entire market for you so that you don’t need to, getting quotes from a wide variety of lenders and providers. We’ll help you get the best rates and terms on the market with our specialist panel of lenders. If you’ve got problems then we have a huge variety of financial products that can help you out regardless of your situation, so why not pick up the phone and speak to one of our advisors today? ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog --- ### [£75m brownfield land release scheme goes live](https://www.hankzarihs.com/75m-brownfield-land-release-scheme-goes-live/) **Published:** April 19, 2021 **Author:** Shiraz Khan **Content:** Tricky development sites are to get access to funding for site preparation and infrastructure with the launch of the £75m brownfield land release scheme today. The money includes £25m allocated to fund self and custom build projects which can be on both brown and greenfield land. Right to Build Task Force acting head Mary Elkington said: “We encourage as many councils as possible to apply. This will make a genuine difference to those authorities working to deliver a more diverse route to delivering high-quality housing. “Support for replicable exemplars of this innovative route to housing helps in scaling up custom and self-build. These sites will showcase the wide range of benefits that custom and self-build can deliver, complementing wider housing delivery.” The fund, coordinated by [One Public Estate](https://www.local.gov.uk/publications/one-public-estate-brownfield-land-release-fund-details-july-2022), is inviting local authorities to bid for funding for projects before 2 June. The dedicated custom and self-build scheme provide capital grant funding to bring forward local authority land for housing development. **Custom builders will be better placed to take on difficult sites** The Right to Build Task Force, which receives government funding, argues this will give proactive councils the chance to prioritise potentially unviable sites for custom and self-build projects. Chief planner Joanna Averley, in her February newsletter to councils, said: “Self and custom builders are well placed to build high quality, well-designed homes that are energy-efficient, accessible, affordable and welcomed by their communities.” Funding is available for site levelling, preparation and groundworks, small scale infrastructure, highway works for access, addressing environmental constraints and providing services to plots. [Master bridging brokers Hank Zarihs Associates](https://www.hankzarihs.com/bridging-loan-broker/) said development finance [lenders](https://www.hankzarihs.com/development-finance/) were keen to support custom and self-build initiatives and the new fund should make it easier for such projects to get off the ground. Earlier government measures to support self and custom build include tightening up of right to build legislation and publishing local [council plot permissions](https://selfbuildportal.org.uk/register-for-a-building-plot/) to create evidence of self and custom build activity. In January, the government announced support for the compulsory purchase of unused public sector land under ‘right to regenerate’ proposals. It is also about to launch a new help to build equity loan scheme to help more people pursue custom and self-build housing. The National Federation of Builders said self and custom build was integral to meeting true housing need. It wants the government to enshrine self and custom build targets in local authorities’ five-year land supply with targets linked to the number of people on each council’s self-build register. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Business, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [What makes a property unmortgageable](https://www.hankzarihs.com/what-makes-a-property-unmortgageable/) **Published:** April 16, 2021 **Author:** Shiraz Khan **Content:** There can be many reasons why you might not be able to agree a mortgage on a property, mainly to do with the state of repair or location of the property. With the increase in popularity of investing in property in the UK recently, we’ve seen a huge surge in the number of enquiries we get about an [unmortgageable property](https://www.hankzarihs.com/) and what sort of finance could be put in place instead. Many of these properties are ones that are bought at auction or bought at a much lower price than the market rate as investors and developers look to make a good profit. Auctions certainly have increased in popularity for this reason, with many properties going to auction that have been repossessed, fallen into disrepair, or that have been inherited and no longer required. In many areas of the UK over the past few years, property price increased have hit almost double figures, and this has prompted many to now look to get into the UK property market or expand their investments into it. Here, we’re going to run you through unmortgageable property in a little more detail. ## What does unmortgageable mean? ![unmortgageable property being sold at auction](https://www.hankzarihs.com/wp-content/uploads/2021/04/unmortgageable_property_being_sold_at_auction-1024x683.jpg "- Bridging and Development Finance Solutions")Unmortgageable property essentially means that a property doesn’t meet the criteria for a long-term mortgage. Mainly what makes a property unmortgageable will be related to its state of repair, and whether the property is inhabitable, and how much work it will require in order to bring it up to that sort of standard. When you’re looking to arrange a mortgage, it could be for residential, commercial or as a buy-to-let. When property investors are looking to turn a profit on a property investment quickly, they’ll often raise bridging finance before selling the property on almost immediately. If you’re looking towards mortgages as a long term solution this usually means that you’re planning on using the property yourself or planning on renting it out to somebody else as a landlord. It could also mean that if you’re trying to sell the property on quickly, and you receive a letter about unmortgageable properties that you can’t sell as the prospective buyers won’t be able to arrange a mortgage in the long run, which can cause serious problems. Here are some of the main reasons why a property may struggle to be agreed for mortgages. ### No kitchen or bathroom Most modern properties will have a kitchen or a bathroom as, let’s face it, everybody needs them. It’s absolutely non-negotiable to have these things in a property, even if they’re shared as part of a House of Multiple Occupation (HMO). There can’t be many knocking around, but there are still some, that don’t have a kitchen or bathroom, and if this is the case then any bank or mortgage company is going to want you to get them installed before they’ll be able to offer long-term finance for it. Similarly, if the property has them, but they’re in a very poor state of disrepair, then you’re going to need to spend some money bringing them up to scratch before a mortgage company will take a look at it. If you want to talk this over and speak about it in more detail our advisors can help. ### Too many kitchens It may seem odd, and you may even wonder why the rule on the number of kitchens is so strict, however, there’s logic behind this. If you’ve got more than one kitchen then the idea is that it makes it much easier for you to sub-let the property out to somebody else and charge them rent. Mortgages don’t cover this and, so, won’t offer you a mortgage on a property if it could easily be sub-let out to somebody else where you can collect rent payments without the prior agreement of your mortgage company. ### Close proximity to commercial property If your property or house is either above, next to, or within very close proximity of a commercial property or shop, then there’s a chance that a mortgage company may not want to commit to providing you with long term finance. That may seem harsh, however, there’s every chance that the business in question may change its use and perhaps turn into something that may devalue the property in the long run such as a bookmakers or a 24 hour off licence or something of that nature. ### Short leases If the property you’ve purchased is on a relatively short lease, and by that we mean anything 50 years or less, or around that area, then many mortgage lenders will become nervous and see the property as perhaps too high a risk to offer a mortgage on. There is a solution, however, to avoid it being unmortgageable, in that you can take out finance to extend the lease on the property. Alternatively, you may have to find some very specialist lenders that may be willing to provide you with a mortgage. The priority should be to seek out the freeholder and see if you can extend the lease, however, if that’s not possible then you can seek out niche lenders. If this is something you’re concerned about you can reach out to one of our brokers. ### Risky locations When we say risky locations, we mean two things mainly. If your property is near a flood plain or is near to old mine shafts, then this can mean that you’re going to struggle to arrange longer term finance and this can make your house unmortgageable. Similarly, if your house is near a landfill site or other waste processing plant, or smelly things such as sewage works, these are all things that may mean you’d struggle, and make you unmortgageable. ### Low value properties Higher value properties are easier to get a mortgage on, and lending more generally, because logically there’s very little money to be made in financing a tiny amount when it comes to property. Of course, what we would class as low value in property isn’t the same as what we might think of in our bank accounts, for example, and realistically any property that’s worth £50,000 or less will probably be considered unmortgageable due to the fact that a bank or lender can’t make enough money out of the loan. ## How to finance an unmortgageable property Just because a bank or mortgage lender consider the property unmortgageable doesn’t mean that you can’t source finance from lenders in order to be able to sell the property or get a mortgage. There are a number of specialist lenders and finance companies that are happy to [finance works and development on properties](https://www.hankzarihs.com/development-finance/) that are unmortgageable, and to update the property. These are usually shorter term solutions that allow you to carry out either the necessary development or refurbishment work, and at that point you can either choose to organise the required mortgage or sell the property on. There’s a number of different options, and as an experienced broker we have access to a large and diverse panel of lenders and investors who are happy to finance property of this nature, so this isn’t an exhaustive list, however, it is a breakdown of some of our most popular products when clients find themselves unmortgageable. ### Bridging loan [Bridging loans](https://www.hankzarihs.com/bridging-loan-broker/) are versatile and flexible loans that can be used for a number of reasons, however, many of our clients use them for property. They are named bridging loans because they’re designed to bridge the gap, and in their simplest form they are just a short term solution for raising capital, usually against property. If you’ve bought a property, for example, that needs structural work doing and a kitchen installing, then you can apply for a bridging loan for a short period, paying slightly higher interest, before then paying the finance off after a set period and then arranging something else. Rates and terms vary, but as we have access to a large panel of lenders, we can shop the market for you and bring you the very best deals. ### Refurbishment finance ![refurbishment finance used to purchase property](https://www.hankzarihs.com/wp-content/uploads/2021/04/refurbishment_finance_used_to_purchase_property-1024x684.jpg "- Bridging and Development Finance Solutions")A type of bridging in and of itself, refurbishment finance is specifically designed to help you with the costs of [refurbishing or developing a property](https://www.hankzarihs.com/refurbishment-bridging-loan/). If you’ve purchased or have come in to ownership of a house that will require significant work before a buyer will be able to arrange a mortgage then [property refurbishment finance](https://www.hankzarihs.com/refurbishment-finance/) will allow you to raise the capital you need to bring the house up to scratch. Similarly, it may be the case that the value of the property is too low to be able to organise a mortgage, and in that case you can also use this type of finance to try and add some value to the house perhaps by adding another bedroom, a conservatory, an extension, or something else of that nature. As with most short term finance, you’ll be able to justify the finance and deliver an exit plan if you know roughly how much value it will add to the house, how long it will take and how you intend to repay the initial finance amount. ### Auction Finance Many of our clients use specialist [auction finance](https://www.hankzarihs.com/auction-finance/) for a property that won’t qualify for a mortgage after buying at auction. A lot of the time the properties that go to auction are in a state of disrepair or require some work or refurbishment before being able to be sold or raise long term finance against them. Similarly, the terms of purchase when you buy a house at auction often mean that you’re required to exchange contracts on the day and then pay the full balance after 28 days. If you have purchased a house in which you need to complete the purchase and undertake works to bring it up to scratch, within 28 days this is often a stretch even for cash rich clients. That means that we’re often in a position to help them arrange shorter term finance specifically. This alleviates the pressure to complete the purchase quickly and undertake the works in a difficult amount of time. #### Speak to our brokers about your unmortgageable property We have years of experience in this industry, organising finance for these types of property, and have spent a long time building a team and a panel of lenders that are able to provide you with the best advice, the best products and the best deals. When it comes to property, and especially this type of house, it can be a daunting prospect to get everything done, and you can feel under a massive amount of pressure. We’re here to offer you free advice from advisors that have the experience to help you along the way. Aside from that, we’ve cultivated a relationship with a panel of lenders that are completely specialist and therefore truly understand the market and what you need, rather than approaching traditional lenders. Our specialist lenders are often able to offer our clients exclusive rates and terms, too, so you can be confident that we’ll always find you the best deal, so why not pick up the phone today? ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog --- ### [Modern Method of auction](https://www.hankzarihs.com/modern-method-of-auction/) **Published:** April 16, 2021 **Author:** Shiraz Khan **Content:** Buying property at auction has become an increasingly popular option for property investors in recent years, with many able to pick up some absolute bargains. With the explosion of the UK property market in recent years property investment has become absolutely red-hot once again and many like attending auctions in order to look for great property investments that they may then be able to either sell on or keep to let as a buy-to-let property, Even throughout the pandemic, UK property held remarkably well and even flourished, with many areas in the UK in 2020 seeing price rises of 8% or more. Property developers, investors and landlords are now flocking to the market to expose themselves even more to a sector that has been incredibly lucrative recently. Most predict that UK property will see even further success in the years to come, with a distinct lack of supply and almost parallel surge in demand meaning that rents, prices, and yields are all heading steeply upwards. Before the pandemic, but certainly now more prevalent, is a modern method of auction. These are different to traditional property auctions, and we’ve put together a guide here to explain the [modern method of auction](https://www.hankzarihs.com/modern-method-of-auction/) for you, as opposed to traditional. ## What is a modern method of auction? ![modern method of auction](https://www.hankzarihs.com/wp-content/uploads/2021/04/modern_method_of_auction-1024x683.jpg "- Bridging and Development Finance Solutions")As opposed to a traditional auction, the modern method of auction broadly takes place online, or in digital spaces. What usually happens is an estate agent is appointed on behalf of the seller, who then arrange viewings for potential buyers either in person or online. Any potential or interested buyers will then be encouraged to place a bid on the property in the form of an online bid. The property seller can set certain rules for the **sale** of the property, such as a reserve price, a start date and also, they can set the duration of the auction. In most circumstances the auction will take around 30 days, but this can be quicker if the seller is looking for a quick sale of the property, but this will be made clear by the auctioneer and the **estate agent**. When a bid is made and is subsequently successful the buyer will be notified that they’ve been successful and required to pay a non-refundable reservation fee, often around 5% of the sale price. This is usually used to cover any costs incurred by the auctioneer and won’t, generally, be taken off the total outstanding price of the **property**. If you’re liable for stamp duty on the purchase of the property, you should be aware that the 5% fee will also be included in this calculation too, so should be budgeted for. One of the main advantages of the modern method of auction is that the buyer has more time to complete the payment and arrange any finance or funding in between. Rather than the standard 28 days provided in a traditional auction, the modern method allows 56 days which is 28 days to exchange contracts and a further 28 days to complete the purchase of the property. ## What is a traditional method of auction? Traditional method of auction is the main method of auction used in most examples and differs to the modern method, or a modern auction. A traditional property auction will involve an auction house publishing a catalogue of lots, or properties, around a month in advance with a guide price of what the seller may think the property is worth. This is different to the reserve price, which is the minimum the seller would be willing to accept. Once a date is arranged for the auction, potential buyers are encouraged to come along or attend online on the day of auction and bid for the property. At the end of the bidding process, usually the highest bid is the winner of the auction and are then committed to exchange their contracts on the same day. They then have 28 days to complete the purchase of the property as the buyer, and this means they generally have less time to arrange finance for their property, whether that’s a mortgage or, as is often the case, [bridging finance](https://www.hankzarihs.com/bridging-loan-broker/) to cover the time limited buying period before arranging long term finance later on. ## Examples of modern method of auction To give you an idea of what the modern method, or modern auction process may look like, here’s a quick example. A client approaches an estate agent interested in a property that they’ve seen for sale via the **modern method of auction**, or via modern auction, as it may be called. A viewing is arranged online for the client to view the property and informed that the guide price is £100,000. The client is interested and places a bid of £105,000. After 15 days the auction ends, and the client is informed they’re successful and have won the auction. Upon the completion of the auction, the client is required to pay a reservation fee of £5250, which isn’t taken off the price of the property due. After paying this fee, the client then arranges for a mortgage on the property, and exchanges contracts after 28 days. The mortgage is approved, and the funds are released via solicitors and the price of the property, plus stamp duty, is paid 56 days after the completion of the auction. ## Modern method of auction pros and cons Of course, as with any type of property sale, there are pros and cons to the process. We’re always honest with clients about these, about the risks and about the requirements, so you can be confident that we’re able to provide you with the advice you need to make a decision. ### Pros of the modern method Legal commitment to purchase – For buyers, there is more flexibility in the fact that there is no legal commitment to purchase until the 28 days has passed and they are required to exchange contracts, effectively entering into a legal contract to complete the purchase. Not that, as a buyer, you’re intending to pull out, as you’ll have paid a 5% fee that’s non-refundable, but if the worst happens and something goes wrong then you’re not open to legal action. More time for buyers – In contrast to traditional auctions, buyers have much more time to arrange their finance and complete the purchase of an auction property. In traditional auctions the buyer is required to exchange contracts on the day and complete payment within 28 days. In the modern method, you’re given 56 days to complete the process. More flexible for bidders – Rather than having to be in a specific place at a specific time, bidders can enter the process from anywhere and can get involved at any point along the 30 day modern auction. This allows more time and more flexibility for buyers who may be considering purchasing the property. ### Cons of a modern auction Reservation fee – Whilst in context this is perhaps preferable to the commitments of exchanging contracts on the day with a traditional auction, the reservation fee can still represent a significant cost on to the total price. The fact it’s also non-refundable and simply covers the auctioneers costs and doesn’t come off the sale price of the property is also something of a disadvantage Legal commitments – From a seller perspective, they may be reticent to choose the modern style of auction is that whilst the buyer will certainly have a financial interest, they’re not under a legal obligation to complete the sale until 28 days have passed and they’re due to exchange contracts. #### Summary Buying property at auction is likely to always remain popular, because more often than not the types of property that are sold at auction will require some work to be done, meaning they can’t be sold on the open market. Further to that, many of the lots at a property auction are repossessions from banks or finance companies, meaning they’re more likely to take a hit on their return so long as they can acquire some of the liquidity back from the asset. Banks and finance companies don’t like having assets on their books that aren’t providing a return and would much rather have the liquid cash back on the books to lend back out instead. In the interest of the buyer, they’re getting property that is often sold significantly below the market rate that it could sell for with a bit of work done to it, hence why property developers so often buy through this method. If you’re experienced and can do the required works within a set budget then you can make a tidy profit. Ultimately, both the traditional, and the modern, types of auction have their benefits and draw backs. In post-pandemic times it’s quite likely that online focused auctions will become much more popular in the long run, and so it’s probably worth getting used to them as time goes on. As a brokers, we’re well versed in both these methods of auction and are able to provide a range of products that can help you if you’re looking to invest in property this way, so it’s well worth picking up the phone and speaking to a broker if you’re interested. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog --- ### [Bridging Loan Examples](https://www.hankzarihs.com/bridging-loan-examples/) **Published:** April 15, 2021 **Author:** Shiraz Khan **Content:** Bridging loans are one of our most popular products, and probably one of the most versatile lending options on the market when it comes to loans and finance more generally. Our clients use them for all sorts of things both as a consumer and commercially, and the majority of the time a bridging loan is used a short-term solution to a lack of liquidity. That being said, we also find that a lot of our **clients**, and a lot of the new enquiries we deal with, are either unsure what bridging loans are, or aren’t quite sure what they can be used for and, as such, we spend a lot of our time providing free, no obligation advice for our clients on this basis to help them understand [what a bridging loan is](https://www.hankzarihs.com/what-is-a-bridging-loan/) and what it can be used for. To that end, we’ve put together a short guide for you here to give some bridging loan examples. ## What is a bridging loan? In essence, a [fast bridging loan](https://www.hankzarihs.com/fast-bridging-finance/) is just a short term loan that is designed to ‘bridge the gap’ between transactions. It can be used for many reasons, but the interest is usually higher than a traditional longer term loan, but they’re usually much quicker to arrange and the lending criteria isn’t quite as strict. ## Case studies To help you understand the process for bridging loans, and what you might be able to use a bridging loan for, we’ve included three **bridging loan** example here to illustrate things better. On High Street in Kensington W8 one of our clients required a bridging loan to convert 10 apartments. We were able to arrange a bridging loan of £9,500,000 with a rate of 6.9%. Our client used the funds to refurbish an existing property and split into 10 individual apartments before then arranging further long term finance and renting them as part of his portfolio. Our client in Hadley Wood EN4 came to us to arrange a bridging loan to convert two properties, two houses, before arranging longer term finance with a **mortgage**. The client took out a term loan for £3,672,500 at a rate of 4.2%. Our client found a bridging finance provider after speaking to one of our experienced [bridging loan brokers](https://www.hankzarihs.com/bridging-loan-broker/) and agreeing terms with one of our experienced panel of lenders. Our client in Ollerton NG22 wanted **bridging finance** to convert 12 apartments and went through our brokers to arrange a loan of £1,501,806 at a rate of 8.5%. Our client then went on to sell these apartments after completion, exiting and finishing his loan on time. As you can see, many of our clients use bridging loans for property and property development, whether that’s [residential bridging loan](https://www.hankzarihs.com/residential-bridging-loan/) or [commercial bridging loan](https://www.hankzarihs.com/commercial-bridging-loans/), it doesn’t really matter as long as the client has the means and the plan to be able to re-pay the loan after the agreed term. ### ![property bridging loan examples](https://www.hankzarihs.com/wp-content/uploads/2021/04/property_bridging_loan_examples-1024x276.jpg "Image 11 - Bridging and Development Finance Solutions") ### How to exit from a bridging loan? One of the most important aspects of bridging loans, and bridging finance more generally, is your ability to exit the loan and provide the lender with a solid plan for being able to repay your loan within a timely manner, and providing security to them that you’re able to pay. This is an example of an exit plan, and there are many different **examples** of being able to plan your exit from a bridging loan. In the examples above, our clients were able to show to the lender that once their project was completed, they were able to repay their loan on time. That could either be as the result of organising a longer term finance option, such as a mortgage, or selling the properties on at the open market value. A good example would be to provide your lender with a valuation of similar properties in your area, or with a valuation that will show the value of the property project once completed. This will, in turn, show the lender that after you’ve completed the work required that you’ll then be able to get the price you think you will. Most bridging loan and bridging finance companies will expect you to provide security against the loan either in the form of a deposit, or by using the **property** you’re converting as security against the loan. Experience is also important, and you can also show your lenders that you’re lower risk by displaying that you have experience completing these types of projects in the past. Your credit rating, to a lesser extent, will also be able to display this. ## Costs associated with a bridging loan The most popular method to arrange a bridging loan is to organise it through a brokerage or intermediary who are able to search the entire market for the best deal to suit your circumstances. This will incur an arrangement fee, however, there are different ways to pay this, either at the beginning, with the capital of the loan, or at the end, and this is something you can come to an arrangement on. Other fees may include solicitors’ fees, conveyancing fees and potentially other legal fees, however, this is something we can advise you on in more detail depending on your circumstances. Ultimately, we’ll ensure that there aren’t any fees that take you by surprise. ## Examples of when to use bridging loans As we’ve previously mentioned, many of our clients use bridging loans when developing property or as property investors. This, within the property industry, may involve building a property from scratch, refurbishing a property into an inhabitable standard, or converting a property. Converting a property could be either turning a larger property into smaller properties, converting a number of smaller properties into a larger property, or [changing use from commercial to residential](https://www.hankzarihs.com/converting-commercial-property-to-residential/), or vice versa. Aside from that, we also find that many of our commercial clients also use a bridging loan to cover cashflow problems. For example, if there are a number of outstanding invoices awaiting payment, a bridging loan could be used, or it could also be used to stop bankruptcy proceedings. Ultimately, as long as you’re able to show you’re credit worthy, we’ll be able to help you with a bridging loan. ## Bridging loan calculator To help you use an example of a loan, we’ve included our handy [bridging loan calculator](https://www.hankzarihs.com/bridging-loan-calculator/) which allows you to use your own figures to get a good idea what property investors may be able to afford when using bridge finance. This **typical** bridging loan *example*, through the *calculator*, allows you to adjust the interest, the fees, the term and the amount to be able to see what it may mean for you. ### Alternatives to bridging loans There are some [alternatives to bridging loans](https://www.hankzarihs.com/alternatives-to-bridging-loans/), however, it will all depend on your circumstances. Our team of experienced brokers will always tell you if they don’t feel like this type of loan is for you, and that a different type of finance would suit your needs better. We have, for example, [development finance](https://www.hankzarihs.com/development-finance/) and auction finance, as well as other options, but our advice is to reach out to our team first. #### Speak to our brokers to learn more about bridging loans We’ve spent years putting together a team that are experienced, talented, and friendly so that our clients can be confident that whenever they reach out and speak to us, they’re always getting the best possible advice. Secondary to that we, as a business, have also spent years cultivating a relationship with the best lenders on the market, and through those relationships we can ensure that our clients always have access to not only the best rates and terms on the market, but also exclusives that you won’t find anywhere else, so why not get in touch today? ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog --- ### [Development Finance Rates](https://www.hankzarihs.com/development-finance-rates/) **Published:** April 15, 2021 **Author:** Shiraz Khan **Content:** As the UK property market has blossomed and thrived in the wake of the pandemic, inevitably, there has been a great deal of interest in it, and a great deal of investors looking to increase their exposure to [UK property development](https://www.hankzarihs.com/how-to-get-into-property-development/) and investment. Subsequently, the number of companies, providers, investors, and lenders willing to fund development finance has increased markedly, given the successful increase in completed and lucrative projects over recent years. Of course, each development finance provider will have slightly different interest and rates, however, broadly speaking, they’re all looking at finding more developers to provide finance to, and that has also meant a lot more investors are looking to get into the industry. One of the most common enquiries we get about development finance is what [development finance rates](https://www.hankzarihs.com/development-finance-rates/) are, and what repayments as well as loans look like so that investors and developers can get a better idea whilst they shop around. We’ve put together here a quick guide to give you all the information you need about [what is developent finance](https://www.hankzarihs.com/what-is-development-finance/) and rates. ## Typical development finance interest rates As mentioned, rates will certainly vary depending on the lender and the criteria, but broadly speaking we can give you quite a good idea of what the typical loan may look like for you. What you pay in interest will depend on a few key factors, which are the Gross Development Value (GDV), term of the loan, and the amount. Our Gross Development Value lending criteria usually means that our panel of lenders will lend up to a maximum of 75% of the total value of your development, but this is something you can discuss with our brokers if you want further information. Our rates start from just 0.50% per month and the interest is rolled. Rolled interest just means that the total amount of the interest is added to the outstanding principle amount of the loan which would be paid at the end of the agreed term. The minimum term is usually 1 month but can be extended up to a maximum of 36 months, meaning it’s flexible [development finance](https://www.hankzarihs.com/development-finance/). The minimum amount of your loan needs to be £1,000,000 but for a large development loan that minimum changes to £10,000,000 with a starting rate of 0.50% per month. For a smaller development the maximum amount we usually are able to lend is £50,000,000 but that increases to £100,000,000 for a large development loan. Now, if the amount of the loan as a percentage of the GDV is higher, you’ll usually pay higher interest. Typically, for a 75% GDV you’ll pay 1.10% per month, for 70% it would be 0.75%, for 65% it would be 0.56% and for 60% it would be 0.50%, respectively. ## What factors affect the interest rate? Whilst there can be a range of things that can affect your rate, and each lender on our panel will have different criteria, however, there are a number of key things you should be aware of. - Your deposit – The size of your deposit will make a difference because, ultimately, lenders like to see that you’re taking on some of the risk too, and the more money of your own that you’re willing to risk, the better the rates for your development finance. - Your track record – If you’re looking for a substantial loan in order to develop land or property then lenders much prefer to see applicants who have a track record of success. Finishing the project on time, selling the properties on successfully, these are factors that will be considered and if you’re a relative novice then you’ll be considered a riskier prospect. - The amount of the loan – GDV is important, however, if you’re only borrowing a small amount then most lenders will charge higher interest as they won’t be able to make as much on your development finance. - The demand for your properties – The area that you’re building in, enquiries, and similar properties in the area will count towards how viable your project is seen. If you can demonstrate that there’s existing demand and that you’re likely to find it easy to sell on your properties than this makes you less risky. - Associated risks – Is the project on flood land? Do you have experienced sub-contractors? These are the types of questions that will also be considered in a risk assessment for your development finance. ### Do I need to provide additional security? This will depend on the aforementioned risk factors in terms of how risky a prospect you’re considered to be. Your credit history will also likely come into play here so that lenders can see what your previous payment history is like. If the loan or **development** finance is for a substantial sum and you have adverse credit or, for example, if you don’t have much experience when it comes to developing property or you don’t have much of a deposit then lenders may ask you to provide further security in the form of an asset. Typically, they may ask you to put up a property as security with a second charge on your mortgage, for example, however, this is something that can be discussed a little further down the line, and if you’d like to discuss this beforehand it’s worth speaking to one of our brokers who can speak to you about this in more detail. ## How do I pay the loan back? Monthly or yearly? The majority of lenders who provide development finance will want to see an exit plan for your loan. Common exit plans involve either selling the property or rearranging your development finance for something more long term. Longer term development finance could either be a lower rate finance loan that covers you until the properties are sold or, alternatively, a buy-to-let mortgage on the properties if you intend to keep them and rent them out. Most of our lenders want to see a clear exit plan before approving development finance and, typically, the loan is repaid in one lump sum at the end of the term. It’s rare for this type of development finance to be taken out for longer than 3 years, but there are arrangements that can be made and if you want more detail for your own situation then it’s worth speaking to a broker. ## Development finance calculator Due to the fact that development finance has a lot of competing factors we’ve created a calculator so that you can play around with different scenarios and get a better idea of what to expect. There are different fields within the calculator that you can edit and change so that if you’re trying to decide, for example, how much to apply for and what deposit you’ll need, you can do that with our [development finance calculator](https://www.hankzarihs.com/development-finance-calculator/). ## Fees associated with development finance ![development finance fees cost and calculator](https://www.hankzarihs.com/wp-content/uploads/2021/04/development_finance_fees_cost_and_calculator-1024x683.jpg "- Bridging and Development Finance Solutions")Due to the fairly complex nature of development finance, it means that there can be a number of different fees associated with the process. Below we’ve put together something of a comprehensive breakdown of what fees you might expect to pay throughout the process of arranging development finance. These can vary, however, and this is to illustrate what you may pay, rather than what you definitely will pay. ## Development finance broker fees The majority of developers go through a broker or intermediary when looking to arrange development finance. This is usually because it’s much easier to get a better deal and get an overview of the whole market rather than trying to approach investors and lenders individually. Brokers and intermediaries charge a fee for this process, typically between 1% and 2% of the net or gross loan value, and this is typically charged when the loan is drawn down. ## Exit fees Typically, most development finance arrangements will include an exit fee, charged once the loan has been completed. Most of the time this fee will be about 1%, but again this can vary between lenders, and something that a broker or intermediary advisor will discuss with you, and something you need to budget for. ## Facility fees These are the same as broker fees, and can sometimes be referred to as facility fees, and is the amount you’re charged by the broker or intermediary for arranging your finance, and is typically charged at between 1% to 2%, and payable once the loan is drawn down. ## Admin fees As with any type of finance or loan, there may be administration fees that are taken on by the lender or broker if it’s a particularly complex arrangement. If, for example, you’re arranging development finance for quite a large project and that involves lots of paperwork, valuations, and other associated costs, the lender may include these fees in your arrangement and in the terms. These will vary depending on what type of development finance you agree, and something you can discuss with a broker if you’re looking to talk about it in more detail with regards to your own specific situation. ## Solicitor fees Depending on the arrangement, the loan, and the development, there may be solicitors’ fees involved both on your part and on the part of the lender. In this situation, if there is legal advice required then the lender may include these fees within your agreement. Of course, due to the fact that this varies hugely, the fees also vary widely, so this is something that will be discussed later on in your loan arrangement. ## Valuation fees When arranging a loan or finance, it may be necessary to get the land or the property you’re looking to develop valued. This could include surveyors and valuers, and this could potentially be expensive. Having said that, each project and development is different, so it may not be necessary, and if it is necessary for your development then there are options available. ## Other fees As with any complex loan arrangement, and with complex finance, there may be other fees and costs involved. As an example, if you’re not very experienced with property development then the lender may require monitors who will come out and monitor the progress of your development to ensure that you’re on track to complete things on time. If that’s the case the lender may ask you to pay for the cost of this, but again this depends on the situation and the lender. ### How to get property development finance If you’re looking for a loan for a development, then the first step is to get in touch with one of our brokers who can go over the details of your proposed development with you. From there we’ll get you an agreement in principle for your loan or finance before doing a development site visit. A valuation will often take place, and a formal loan offer will be made. A solicitor will then facilitate the signing of the paperwork and the first draw down can be made. ### We provide development finance comparison to ensure you get the best rate One of the main reasons our clients come through us is that we can do a comprehensive search of the market to ensure they’re getting the best possible deal and not having to waste time approaching lenders individually. ### Can development finance be used for residential developments? The short answer is yes. Because we have a lot of experience in finance, we’re able to offer our clients a range of options. Development finance may well be the best solution to your needs; however, we offer free advice to our clients and we can talk you through all the potential options. #### Speak to our brokers today Our brokers have years of experience in the finance industry, so no matter what sort of finance you’re looking for they can help you through the process from start to finish. If this is something you’re considering then the first step is picking up the phone or dropping us an email to have a chat about what you need, so why not get in touch today? #### Check out related articles - [How does development finance work](https://www.hankzarihs.com/how-does-development-finance-work/) - [Types of development finance](https://www.hankzarihs.com/what-is-development-finance/) - [Senior Debt](https://www.hankzarihs.com/senior-debt/) - [Stretched Senior Debt](https://www.hankzarihs.com/stretched-senior-debt/) ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog --- ### [UK Property Development Guide 2021](https://www.hankzarihs.com/how-to-get-into-property-development/) **Published:** April 15, 2021 **Author:** Shiraz Khan **Content:** If you’re considering getting into property development, then you’re certainly not alone. Over the past few years, the property market in the UK has exploded even with the pandemic economy in the middle of it all. Across most of the UK in 2020 the average property price rose by more than 8% which, all things considered, is a phenomenal return compared to high street savings rates or other investments that you could make. With government incentives introduces in recent years, as well as a real and lasting lack of new property supply, this has meant that demand has shot through the roof and UK property is now one of the most successful and sought after markets in the world. It’s not by any means an easy pursuit, however, it is extremely lucrative and can also be very rewarding too. With many of our clients approaching us about [how to get into property development](https://www.hankzarihs.com/how-to-get-into-property-development/), we’ve put together a real estate development **guide** for you here to give you some more information about what it entails. There are, generally speaking, three routes this usually takes in that you can either choose to purchase and develop an existing property before selling it on, purchase and develop an existing property and keep it as a buy to let property, or you can purchase land and look to build a property from scratch. All are lucrative and, whilst not easy, probably easier than most would think. We also offer free advice should you want to get in touch with one of our team who can talk you through what you may need. ## Property development guide We’ve put this together in order to answer your questions about how to get into property development. It’s not a comprehensive guide about **property development** but should give you enough information to be able to see what’s involved if you’re looking at getting started We’ll look at things such as whether you should operate as an individual or a company, what’s involved in the process, the advantages, and how to finance a property development. Ultimately, property development comes down to having an instinct for property that has potential and being able to spot good opportunities. The actual skill and experience requirement for being able to do the building work is largely down to budgeting and getting quality contractors in so that your profit margin is solid. Finally, your choice about whether to keep the property as a **buy** to let investment or to sell it on into the market for a profit will also influence this, but it’s something we’ll cover. ## Setting up a property development company ![development finance for london developers](https://www.hankzarihs.com/wp-content/uploads/2021/04/development_finance_for_london_developers-1024x683.jpg "- Bridging and Development Finance Solutions")In the UK it’s often more tax efficient to set up a specific company for investing in and developing property. As an individual if you invest in and develop property then you’re liable for capital gains tax and other income taxes on the profit and would be required to declare these profits on a self-declaration tax form with HMRC. With that in mind it often means that you’d pay significantly more tax than if you were to operate as a business. There are two ways you can do this; you can either operate as a limited company like any other business in the UK or you can create a [Special Purpose Vehicle company, also known as an SPV. ](https://www.hankzarihs.com/how-to-set-up-spv-limited-company/) If you operate as a standard LTD UK company then that means you’re liable for the usual rates of corporation tax and it reduces your ability to write off some types of expenses and deductibles, however, it means that you can undertake other activity as a business. For example, if you own your own business and want to invest in property as part of your business activity then this can be the right decision. With an SPV you’re setting up a specific company solely for the purpose of investing in and developing property, so the tax benefits are greater for investors and developers. Many use an SPV as they plan to sell their property more easily in the future. Alternatively, it can help when arranging **finance** on a property to keep the asset and liability separate. For tax purposes, it can help in reducing your tax bill. In terms of the tax benefits, the Finance Act 2015 introduced limits how much **mortgage** interest you could claim as a tax allowance. Over the years it’s gradually been reduced and is now nothing. From the most recent (2020-21) tax year and moving forward rental profits will be taxed at a maximum of the basic tax rate which is 20%. This has meant that, for many property investors, especially sole traders and those who use mortgage finance, it has made some investments including buy to lets sometimes loss-making. Having said that, limited companies or SPV’s are still able to claim **tax** relief on the mortgage interest they pay. If you want to talk about this in some more detail with us, we can give you more specific advice according to your circumstances. ### How to get into property development with no money Turning **real estate development** into a career without a **deposit**, or a significant amount of money behind you, can be difficult but not impossible. As we’ve already mentioned, a lot of the talent behind **property development** is spotting potential and having an eye for location, popularity and being able to make the most of a limited budget. Ultimately, you could look to get 100% finance on a property as long as you have a solid plan and exit strategy for your development. Of course, 100% loans are harder to source and agree, and these types of loans tend to have much stricter criteria so if this is something, you’re looking at you’ll need to speak to one of our team beforehand. When it comes to the actual renovations or building works, many of our clients use **loans** for the physical sale of the property and then undertake the actual works themselves. Many new property developers are actually builders or tradesmen that are able to do much of the work themselves. In this situation you could, for example, look to source 100% loans for the short-term purchase of the property before carrying out the works yourself and then selling it on at a profit and repaying the loan in full. ## What does property development involve? Depending on the type of property development you’re undertaking it’s not actually hugely complicated. Your first task is to find an opportunity that you’d like to invest in. That may be a house that has fallen into disrepair that you’re able to pick up for a really good price. Things to consider when looking at these opportunities is location, price, and similar properties in the area. If you’re looking to keep the property as a buy-to-let, how much do houses rent for in the area for a similar size? What are property prices like round the area? is it close to transport links and schools? generally you’ll want to ask yourself the same questions you would if you were buying for yourself. Secondly, you’ll need to assess what work needs to be undertaken and then price that up. If the investment just needs to be cleared out, painted and re-plastered then that’s obviously a smaller undertaking that having to re-wire the entire house. You need to consider if you have the expertise to do the works yourself and pass safety checks, and if you don’t you need to find somebody who can. Once you’ve completed your property development it’s then time to consider whether you’re looking to sell it or keep it on as a landlord. Both have their advantages, but if you’re looking to sell, you’ll need to get an estate agent and solicitors involved and this can have costs involved. If you’re looking to rent out the property, then you’ll need to find an agent that can help you find tenants. ## Why become a property developer? If you’re somebody with the skills to pull off a property development yourself then it’s extremely lucrative. The housing market in the UK has been booming for years now and there isn’t a five year period in recent British history where house prices have dropped. The process itself can be complex but considering the time and effort required, there isn’t many other professions around that can bring in quite as much of a financial reward when it’s done well. If you’re also somebody who enjoys working with their hands, or on a project, then property development is an excellent career choice. ## Advantages of becoming a property developer As with any type of career or investment, there are advantages and disadvantages, so we’ve included some here. ### Great money As a career or **business**, it’s lucrative and can earn you some serious money. If you’re able to develop a good number of properties across the year, then you can make a great profit. Similarly, if you decide to become a landlord then not only do you have valuable assets in your portfolio, but you can make excellent rental income. ### No qualifications required Absolutely anybody can get into developing properties. There are no entry requirements and as long as you’ve got the gumption and work ethic then you can quickly learn how to make good money from property. If you’re not able to do some of the work, then you simply need to know how to source great contractors and negotiate. ### You can do a lot yourself Aside from arranging [development finance](https://www.hankzarihs.com/development-finance/) to fund the purchase of the investment, you can actually do an awful lot of the work yourself in this industry. Painting, fitting carpets, and other DIY works are quite often done and completed by the investment owners themselves. In **London**, for example, there are countless examples of this. ## Disadvantage of becoming a property developer Of course, this industry isn’t for everybody and there are some down sides that you should be aware of. ### It can be risky If you’re arranging **development finance**, then don’t forget you’re working to deadlines and budgets. These can be tight, and you need to be switched on to stick to them. If you’re inexperienced or things start to go wrong, then you run the risk of losing your investment. ### It can be stressful As with many careers, developing properties can be highly stressful and especially when you’re working to deadlines and budgets. Work can quickly become a much bigger job than you originally anticipated, and you need to be dedicated to make good money in this industry. ### Expect the unexpected When it comes to developing or investing in properties you need to be aware that some projects can quickly balloon into a much bigger job than you’d expected. Surveys can only give you so much information and things like roof repairs or structural damage can quickly become a costly burden on your time. ### How much do property developers make in the UK This can vary greatly depending on the type of project, the developer, and the size of the project in question. A good rule of thumb for most developers is to look to get a 25% return on the cost of the project once sold. Let’s say you pick up a house for £50,000 and it costs you £10,000 to complete the development of the project. At the point of sale, you’d look to be making around £15,000. Take away miscellaneous costs and other overheads, and £10,000 would be a good profit. You can then scale that up depending how many properties you’re able to complete in a year. If you can do 10 over the course of a year you can easily turn over 6 figures. ## How to finance property developments When it comes to developing property there are many [alternatives in which you can finance your project](https://www.hankzarihs.com/alternatives-to-bridging-loans/). Here are some of your options: - [Bridging loan](https://www.hankzarihs.com/bridging-loan-broker/) – We can help you arrange a short term **bridging loan** that would allow you to purchase the property and cover the cost of the of the works, paying back the loan once completed. - Mortgage – If you’re looking to keep hold of the project upon completion, we can help you arrange a Buy-To-Let mortgage once you’ve completed your works. - Auction finance – One lucrative way to invest in the industry is to buy at auction. We can help you to finance an auction purchase with specific and specialist lending. - Development finance – If you’re looking to build on land then we can help you with specialised finance to buy the land, develop it and then arrange longer term finance once you’ve finished. - Mezzanine finance – For more experienced clients, mezzanine finance covers other [types of development finance](https://www.hankzarihs.com/types-of-development-finance/) when you need a higher deposit or specialist investment. - HMO loans – If you’re looking to develop an existing investment into multiple properties, apartments, or maisonettes then we can help you arrange specialist loans to do this. ### Should I set up a limited company for property development As we mentioned earlier, the tax benefits of setting up a specific company in order to invest in, and manage, your properties are clear and realistically it’s much more effective to do this. Having said that, it’s worth speaking to an accountant if you’re looking to do this as you’ll need to ensure that you file all the right paperwork with the HMRC and make sure you’re registered properly to ensure you don’t cause yourself unnecessary problems. #### Getting into property development – Summary Ultimately, developing properties can be, and often is, a very lucrative and rewarding endeavour. It takes dedication, instinct, and talent to be able to be good at it, however, it’s something anybody can get into and learn how to do. You need to be prepared to put in the hard work and take on risks, but it’s probably one of the best ways to make good money in the UK right now, whether you decide to sell your investments on or keep them as a buy to let long term return. Arranging finance or loans for development is relatively straightforward and if it’s something that you’re looking to get more involved in then our advisors and team are available at any time you need to provide free, no obligation advice. We can help with most of your queries and as one of the most experienced brokers in the industry we’re available to help with a ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog --- ### [Cutting tax on home improvements key to UK hitting net-zero goal](https://www.hankzarihs.com/cutting-tax-on-home-improvements-key-to-uk-hitting-net-zero-goal/) **Published:** July 21, 2021 **Author:** Shiraz Khan **Content:** ## Cutting tax on home improvements key to UK hitting net-zero goal Climate change targets will be missed without a major overhaul of the home improvements market claims the Federation of Master Builders, FMB. The trade body and the Centre for Research into Energy Demand Solutions, CREDS, have jointly published a report *Building on our Strengths* outlining what needs to happen. FMB chief executive Brian Berry said: “It is not possible to achieve net-zero carbon emissions by 2050 without greening our homes. “Backing builders will help create thousands of jobs in every community, helping us to build back better from the coronavirus pandemic.” The report calls on the government to transform home improvements industry which is estimated to generate £29bn a year for the UK economy. It advocates cutting [VAT on improvements](https://www.hankzarihs.com/vat-loans/) from the current 20 to five per cent or completely scrapping the tax to encourage homeowners to use regulated tradespeople. The report calculates most of the UK’s 29m existing homes require some level of retrofit and replacing an old kitchen or bathroom could be a “trigger” for green improvements. “Retrofit represents both a challenge and an opportunity for the thousands of SMEs in the construction industry, who undertake the bulk of repair maintenance and improvement work in homes,” said the report. ### Retrofit training should be included in all construction NVQs However, not enough tradespeople have the necessary PAS 2035/30 qualifications to do the work. FMB members have suggested the qualifications could be simplified and that an element of retrofit should be included in all construction NVQs. The report advocates a ‘licence to trade’ for all firms in the sector so that every company director, including the self-employed, would need specified qualifications to operate. It recommends building renovation passports contain details about a property’s energy performance, renovations, and future retrofit measures to increase efficiency. Builders have commented that existing energy performance certificates could be improved by providing more detailed opportunities for positive change. **CREDS director Nick Eyre said**: “We need a much more coordinated approach to policy across multiple domains: energy and climate; industrial strategy; education and training.” Finance brokers [Hank Zarihs Associates](http://www.hankzarihs.com/) said that retrofitting offered immense potential for [SME builders to develop their business](https://www.hankzarihs.com/development-finance/) and that lenders were keen to offer [refurbishment finance](https://www.hankzarihs.com/refurbishment-finance/). [Scotland’s](https://www.hankzarihs.com/bridging-loans-scotland/) local heat and energy efficiency strategies where a town could adopt district heating installation, were cited as crucial for developing knowledge and capacity for retrofitting. The Construction Leadership Council, CLC, published its [*Construct Zero*](https://www.constructionleadershipcouncil.co.uk/wp-content/uploads/2021/07/CLC-Press-Release-21-July-2021-Industry-sets-out-single-framework-to-measure-journey-to-Net-Zero.pdf) performance framework yesterday where retrofitting 855,000 homes by 2024, 12.3m by 2030 and 27.3m by 2040 was outlined. The framework calls for more than three-quarters of diesel plants to be eliminated from construction sites by 2035 and that carbon data on products be available to businesses or individuals by 2030. It pledges that in the next four years new homes will have reduced energy demand and emissions by 75 per cent and commercial buildings by 27 per cent. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** News --- ### [New home registrations hit a 14-year high](https://www.hankzarihs.com/house-registrations-rise-while-flat-registrations-fall/) **Published:** July 21, 2021 **Author:** Shiraz Khan **Content:** ## House registrations up while flat registrations fall New home registrations for the second quarter this year peaked at 46,452 – the highest figure since 2005 according to data released by the National House Building Council, NHBC. The home warranty and insurance provider said this showed housebuilders and developers were responding to strong demand for homes. NHBC chief executive Steve Wood said: “Our latest statistics show the remarkable recovery the housebuilding industry has made since activity ground to a halt on site in April and May last year. “Despite the combined effects of the pandemic and Brexit causing labour shortages and some disruption to the supply of materials, the outlook for the medium term is a positive one. “Demand for home ownership is holding strong alongside significant investor interest in the growing build to rent and retirement living sectors.” Registrations were up 130 per cent and completions up by 213 per cent to 34, 644 homes compared with the second quarter of 2020. Private sector registrations were up 227 per cent compared to the second quarter of 2020, from 10,865 to 35,495, whilst the rental sector was up 17 per cent from 9,375 to 10,957. All regions showed significant registration uplifts with the Northeast experiencing the highest increase at 436 per cent compared to the same period in 2020. Scotland was runner up with a 417 per cent followed by Northern Ireland and the Isle of Man at 230 per cent and the Northwest at 212 per cent. NHBC Scotland director Raymond Baxter said: “Builders and developers continue to maintain a positive outlook, reserving plots well into 2022.” However, he said careful production planning was required to mitigate the impact of growing materials shortages and some localised labour supply problems. Roofing products, timber, insulation, landscaping products, blocks, sealants and cement are in short supply. In a joint statement the Builders Merchants Federation and the Construction Products Association said: “All UK kilns are operating but it may be a while before stocks return to normal. With high demand continuing, extended delivery times are expected to remain until the end of the year.” NHBC Northern Ireland and Isle of Man regional director Padraig Venney said: “There is some evidence that the cost of materials is having an impact on builders and developers but demand is holding up.” ### House registrations rise while flat registrations fall Detached properties showed a sharp increase with registrations at 15, 790 – a 26 per cent rise on 2019’s figures for the second quarter. Semi-detached homes at 14,022 showed a strong rise of 12 per cent and terraced houses at 6,397 also experienced a 12 per cent rise on the same period in 2019. But flat registrations were down from 11,499 in the second quarter of 2019 to 9, 447 showing a 19 per cent decrease. Development and bridging brokers Hank Zarihs Associates said it was good home registrations were above pre-pandemic levels and that development finance lenders were experiencing high levels of interest from SMEs housebuilders. The NHBC warranty and insurance data is estimated to cover about 80 per cent of UK housebuilders. Although housebuilding has bounced back the National Federation of Builders said the industry was unlikely to hit the government’s target of 300,000 new homes built a year from 2025 unless the planning process improved. Ministry of Housing Communities and Local Government data on energy performance certificates for new homes show the government is some way off hitting its target. In 2019, 264,302 homes were registered for certificates with this dropping to 222,966 for 2020 – a 26 per cent shortfall. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** News --- ### [£690m brownfield development in Northwest London to deliver 1,500 homes](https://www.hankzarihs.com/690m-brownfield-development-in-northwest-london-to-deliver-1500-homes/) **Published:** July 19, 2021 **Author:** Shiraz Khan **Content:** **£690m brownfield development in Northwest London to deliver 1,500 homes** Harrow council’s ambitious plans for over 1,500 homes to be built on three underused sites moved a step closer with the [news](https://moderngov.harrow.gov.uk/documents/s172561/Harrow%20Strategic%20Development%20Partnership%20Contract%20Close%20and%20Establishment.pdf) of a [joint development venture](https://www.hankzarihs.com/joint-venture-property-finance/) with [Wates Residential](https://www.wates.co.uk/articles/news/building-a-better-harrow/). At least 40 per cent of the new homes are to be shared ownership or affordable housing and will be built on council-owned land in Wealdstone. **Harrow council leader Cllr Graham Henson said:** “Our work with Wates will benefit countless local people and improve the lives of generations to come. As we begin to emerge from the devastating pandemic, I want this to signal the start of our renewal.” The ten-year initiative will include a new civic centre, commercial space as well as green public spaces at Poets Corner, Peel Road and Byron Quarter. Local residents will be consulted extensively on the proposals with the plans to come forward later this year on phase one of the Byron Corner. Wates Residential executive managing director Helen Bunch said: “The regeneration goes beyond the building infrastructure, and as part of the partnership with Harrow, we are committed to supporting the local community by providing apprenticeships, new jobs, spend in the local community and early careers support for the local schools and colleges.” **New jobs and apprenticeships to be generated** Wates Residential plans to create more than 300 jobs for local people and 180 apprenticeships in Wealdstone – the former home of the Kodak Harrow plant which closed in 2016. The housebuilder also said it was investing in local companies and environmental initiatives including a tree-planting project. Wates was identified as a preferred bidder to form a development partnership with the council back in September last year. The council’s equity is made up in part by the value of the three development sites it owns plus a top up to match Wates’s investment, which will be found from borrowing. The long-term business case is projected to return £120m. Property finance brokers [Hank Zarihs Associates](http://www.hankzarihs.com/) said that [property development finance](https://www.hankzarihs.com/development-finance/) lenders were keen to offer [construction loans](https://www.hankzarihs.com/construction-loans/) for mixed-use schemes in locations with good tube and rail connections. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Keep masks on while working on site, urges industry body](https://www.hankzarihs.com/keep-masks-on-while-working-on-site-urges-industry-body/) **Published:** July 15, 2021 **Author:** Shiraz Khan **Content:** Building firms are being urged to carry on asking their workforce to wear masks while working in enclosed spaces or on busy sites by the Construction Leadership Council, CLC. The CLC is calling for a consistent approach in line with government guidance as rules on social distancing and face masks relax from the 19th of July. “It is recommended the good practices the industry had adopted over the last 18 months are retained,” said the CLC in their public [statement](https://www.constructionleadershipcouncil.co.uk/wp-content/uploads/2021/07/CLC-Statement-15-July-2021-Site-Operating-Procedures-Lifting-of-Restrictions-Statement.pdf) released today. It advises employers to make face coverings available for staff when they are working in crowded or enclosed spaces but are no longer wearing respiratory protective equipment. The CLC said its site operating procedures were still available as a reference to offer businesses across the supply chain consistency. Brokers [Hank Zarihs Associates](http://www.hankzarihs.com/) said SME builders were likely to support mask-wearing to protect staff and keep sick leave levels low – something [property development finance lenders](https://www.hankzarihs.com/development-finance/) would also support. **Government toughens face mask guidance** The government appears to have backtracked on earlier announcements when it said face masks would no longer be necessary post the 19th of July. Yesterday it advised people to wear masks in shops and at work and that table service would remain at bars. London’s mayor Sadiq Khan has announced that mask-wearing would continue to be mandatory for tube and bus travellers. Greater Manchester’s mayor Andy Burnham has said that passengers using the city’s tram service would have to wear masks. Major retailers such as Sainsbury’s and Waterstones have asked customers visiting their outlets to wear masks. Mask-wearing in enclosed spaces and on public transport will continue to be mandatory in Wales and Scotland. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Birmingham maximises 2022 Commonwealth Games with major regen plans](https://www.hankzarihs.com/birmingham-maximises-2022-commonwealth-games-with-major-regen-plans/) **Published:** July 15, 2021 **Author:** Shiraz Khan **Content:** Birmingham is to make the most of the £700m investment in Perry Barry for the 2022 games, which includes a revamp of Alexander stadium, with ambitious plans to regenerate the district. The masterplan covers the next two decades and includes building 5,000 new homes, enhancing the suburb’s parks and improving transport connections. City council leader Cllr Ian Ward said: “For many years there has been a clear need and ambition to unlock the obvious untapped potential of Perry Barr, but we needed the resources to do it. “Our successful Commonwealth games bid has helped us kickstart a major regeneration project that will transform the lives and life chances of Perry Barr residents for many years to come.” The masterplan proposes a new urban centre, making the most of open spaces such as Perry Park and Perry Hall and exploring creating a river walk and cycle path along the Tame. Transport connections will be strengthened with improvements in east-west connectivity of the site and changes to road layouts. Brokers Hank Zarihs Associates said Birmingham’s economy was set to thrive with the arrival of HS2 and that [construction loan](https://www.hankzarihs.com/construction-loans/) lenders were keen to back construction projects in the area. **Athlete’s village to offer 1,000 new homes** Work has already started on 1,000 [new homes](https://www.hankzarihs.com/new-build-developer-loans/) which were to be part of the athlete’s village until the pandemic hit which meant accommodation arrangements were changed. Further phases of the scheme have gained outline planning permission which includes 400 more homes and a new secondary school. The current £72.4m revamp of Alexander stadium which will increase capacity from 12,700 to 18,000 is on schedule and due to complete by April 2022. The [masterplan](https://www.birmingham.gov.uk/PerryBarr2040) is out for consultation until the 8th of September with the council producing a final version by October. Perry Barr is famous for having one of the first railway stations, which opened in 1837, and for the first Odeon cinema opening in 1930. Nearly half of the district’s population are under 30 with nearly two thirds from ethnic minorities. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [London transport’s new property company could deliver 2,000 homes a year](https://www.hankzarihs.com/london-transports-new-property-company-could-deliver-2000-homes-a-year/) **Published:** July 13, 2021 **Author:** Shiraz Khan **Content:** Up to 46,000 new homes in the capital could be delivered by Transport for London’s new property development company over the next 25 years. The proposals for Transport Trading Limited Properties, TTLP, were outlined at TfL’s finance committee [meeting](https://content.tfl.gov.uk/fc-20210623-agenda-papers-public.pdf) last month and form part of its bailout settlement with the government. TfL director of commercial property Graeme Craig said: “As part of our long-term strategy, and building on the successful work that has already taken place in recent years, we are now looking to take forward development activity in a [commercial property](https://www.hankzarihs.com/converting-commercial-property-to-residential/) company that is wholly owned by TfL.” He said half of the [new build homes](https://www.hankzarihs.com/new-build-developer-loans/) would be affordable with the revenue to be re-invested in public transport. “This entity would be able to progress our commercial development programme by accessing commercial debt, which would help progress commercially viable projects in the long term,” said Mr Craig. TTLP has £2.1bn equity from commercial assets valued at £1.5bn and for sale assets valued at £0.6bn plus funding from the Ministry of Housing, Communities and Local Government. It’s estimated this should allow delivery of 2,000 homes a year or up to 25,000 over the next 25 years with a baseline of 13,278 – an increase from the current aim of 10,000. **Next four years to see nearly 20,000 new homes built** Around 8,000 homes will be started on site by March 2024 and almost 11,000 started the following year. Brokers [Hank Zarihs Associates](http://www.hankzarihs.com/) said SME builders would be keen to be involved and that property development [finance lenders would support them](https://www.hankzarihs.com/development-finance/). TfL already has more than 6,300 homes with planning committee approval with 479 homes for Nine Elms and 51 homes for Old Brompton Road the most recent consents. Currently, more than 1,500 homes are already complete or under construction. Sales have started at The London Mews in Finchley – a site developed by Kuropatwa through the mayor’s ‘small sites small builders’ programme. The first residents have moved into Blackhorse View developed in partnership with Barratt London. TfL also has a further 1,500 homes awaiting determination and 1,500 homes due to be submitted for planning in the next 12 months. Although, 96 per cent of TfL schemes are approved there have been setbacks with homes at Arnos Grove and Canons Park tube station car parks recently rejected. TfL has plans for TTLP to develop a commercial office portfolio citing its successful development agreements with developers for commercial complexes around the new Crossrail stations. TfL currently owns 5,475 acres of freehold land and a further 404 acres leasehold which equates to 1.5 per cent of London’s landmass. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Materials shortages crisis can be managed, urges construction chief](https://www.hankzarihs.com/materials-shortages-crisis-can-be-managed-urges-construction-chief/) **Published:** July 9, 2021 **Author:** Shiraz Khan **Content:** [UK property developers](/development-finance/) may have to adjust schedules and pricing to adapt to the lack of supplies to complete projects, advises Construction Leadership Council, CLC, co-chair Andy Mitchell. In an open [letter](https://www.constructionleadershipcouncil.co.uk/news/andy-mitchell-writes-to-the-construction-industry-2/) to the industry, he points out that most contracts such as JCT and NEC 4 Secondary X1 have provisions to deal with fluctuations of provisions. “We have been fortunate enough to operate in a stable environment for a long time and these clauses have been seldom used. “However, they are ideally suited to providing a means for managing the volatile period we are now entering and therefore CLC strongly urge those responsible for developing, agreeing and managing contracts, existing and new, to consider adopting these provisions in their contracts.” Mr Mitchell also mentions “design changes” being necessary to cope with lack of goods availability and inability to source approved products. **Paying suppliers upfront may be needed to get goods** He advises a collaborative approach for managing the current risks and for builders to allow longer mobilisation and lead-in periods for contracts including up-front ordering and payment of suppliers. “We know that we perform better as an industry when a collaborative and team-based approach is adopted. We also know that our industry is strong and is growing right now. “We would therefore encourage you to consider this message and find ways to work together so that this growth opportunity is maximised, and a sustainable industry supply chain is maintained.” Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said funders would be able to offer [instant bridging finance](/fast-bridging-finance/) for builders who needed [cashflow support](/vat-loans/) to tide them over the current challenges. The Federation of Master Builders, FMB, said that smaller developers were disproportionately affected. FMB chief executive Brian Berry said: “The lack of materials needs addressing before jobs and business continuity starts to be compromised. “Small firms form over 90 per cent of the construction industry, and they are experiencing the most difficulties as a result of these shortages.” Reasons for the current supply issues are changes in conformity standards now the UK has left the EU with insufficient product testing capacity. The establishment of new cross-border systems and processes plus lack of available haulier staff and capacity hasn’t helped. Also, worldwide shortages in raw materials plus rising freight costs and container availability have compounded the current supply chain problems. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Small builders’ innovation to be encouraged in tackling housing need](https://www.hankzarihs.com/small-builders-innovation-to-be-encouraged-in-tackling-housing-need/) **Published:** July 1, 2021 **Author:** Shiraz Khan **Content:** A new inquiry studying housing demand will include looking at the part smaller builders can play in innovation and developing difficult sites. The house of lords’ built environment committee will see how smaller builders can be encouraged back to the supply point. Cross-party committee chair Baroness Neville-Rolfe told *Housing Today*: “You get some innovation and vibrancy and they do things that perhaps a bigger builder would not do. Historically there’s quite a lot of smaller builders who have fallen by the wayside.” The National Federation of Builders, NFB, said smaller builders were more adept at responding quicker to building homes in the right places. NFB housing and planning policy head Rico Wojtulewicz said: “They’re also more likely to embrace innovation and build better places. Their decline has been a major issue when producing solutions to solve the housing crisis and we should be doing everything we can to encourage their growth.” **Growing older population will shape housing** Baroness Neville-Rolfe pointed out that the number of households in England is projected to rise by 3.7m over the next 20 years. “This increase will be unsustainable and damaging to society unless the corresponding need is met.” She said meeting this demand was not just a question of numbers, but of balancing where and what kind of buildings people wanted to live in. [Fast bridging loan](https://www.hankzarihs.com/fast-bridging-finance/) brokers Hank Zarihs Associates said lenders were keen to offer [construction loans to smaller developers](https://www.hankzarihs.com/construction-loans/) who were meeting local needs both in terms of place and design. The committee will examine the government’s 300,000 annual homes target and how to balance this with the types of housing needed. She said that the country’s changing demographics with more single households and older people wanting different types of housing would be looked at. Mr Wojtulewicz said the inquiry was right to look at supply and defining demand more accurately. He said that local authorities housing needs assessments were insufficiently detailed and weren’t twinned to planning certainty policies such as local development orders. “To inform our work we want to hear from as broad a range of people as possible. If you have a view on housing, look at our call for evidence and let us know what you think,” said Baroness Neville-Rolfe. Construction skills shortages and specific aspects of the planning system such as what role permitted development rights can play and how to engage communities in planning will be studied. The committee has issued a public call for [evidence](https://committees.parliament.uk/call-for-evidence/521/meeting-the-uks-housing-demand/) with the deadline for submissions is 10 September 2021. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Office demand set to make comeback](https://www.hankzarihs.com/office-demand-set-to-make-comeback/) **Published:** June 28, 2021 **Author:** Shiraz Khan **Content:** Office demand in the South East is picking up thanks to large corporates signing up for significant amounts of space, reports property agent Savills. It said offices showed a strong end to the year up to the first quarter thanks to companies such as Amazon and InterContinental Hotels signing up for significant workspace in Reading and Windsor. Commercial research director Steven Lang said: “Despite the pandemic impacting negatively on the sentiment towards the office market, it is fascinating to see the relatively limited impact based upon valuers’ opinions.” He added the scale of rental growth decline over the past year was nowhere near as bad as in 2009 during the last global financial crisis. Savills has been examining [venture capital investment in companies](https://www.hankzarihs.com/joint-venture-property-finance/) headquartered in the UK as an indicator as to which categories in the commercial sector are expected to grow. **Need for an extra 6.5m sq floorspace predicted for 2021** It has reported a significant later-stage venture capital growth over the past few years indicating likely future growth and expansion. Savills reports that 2021 has seen £20.5bn in venture capital investment – achieving 95 per cent of the total amount for 2020 and more than the combined annual totals for 2010 and 2014. “Average deal sizes have increased at the same time, showing bigger commitment and confidence in the invested companies. Finally, from our experience of venture capital ‘conversion’ into floor space, Savills would estimate that the 2021 level so far will eventually result in a net additional demand of 6.5 m sq ft of floor space.” However, the trend is not expected to be repeated in the provincial office sector where the property agency has predicted reduced demand. Brokers Hank Zarihs Associates said development finance lenders were [keen to offer construction loans to office projects](https://www.hankzarihs.com/construction-loans/), particularly within the M25 boundary. Savills said the yield spread between prime and average quality [UK commercial property](https://www.hankzarihs.com/commercial-mortgage-broker/) continued to narrow and is currently 84 basis points. Global investors are watching inflationary pressures, although the US Federal Reserve has reported that these will be transitory. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Southeast university towns expected to see buoyant house sales in Q3](https://www.hankzarihs.com/southeast-university-towns-expected-to-see-buoyant-house-sales-in-q3/) **Published:** June 24, 2021 **Author:** Shiraz Khan **Content:** University towns like Oxford, Cambridge and Canterbury are predicted to see their best house sale volumes in the coming months despite the demise of the stamp duty tax holiday. Knight Frank research, from 1995 to 2019, shows Oxford experiencing the largest volume of its sales from July to September with nearly 31 per cent occurring over this period. Cambridge has a similarly high level of completions with 30 per cent occurring with Canterbury also experiencing strong figures at 29 per cent. Knight Frank’s country business head James Cleland said: “It is no surprise that many of the areas with the highest numbers of summer completions are close to the capital. “So many family buyers are driven by both having a reasonable commute to London and having their children in their next school for the start of the academic year.” Brokers [Hank Zarihs Associates said development finance lenders](https://www.hankzarihs.com/development-finance/) were still keen to fund schemes close to the capital despite recent trends for buyers to look outside London for more space. Land Registry records show the busiest property markets in the third quarter are those that revolve most closely around the academic year. Oxford and Cambridge, for example, is supported during the summer months by those involved in academia and research. **Regions with good schools set to see strong Q3 sales** Knight Frank noted the top ten towns for high completions during July to September had 29 per cent of secondary and 25 per cent of primary schools with outstanding OFSTED ratings. Waverley in Surrey with 30 per cent of completions and Winchester in Hampshire with 29.5 per cent scored high completion levels due to the number of good schools in the region. Conversely, the ten least busy summer markets had 11 per cent of secondary schools rated outstanding and 16 per cent of primary schools. Knight Frank thinks June could exceed March with the highest rate of completions for 2021 as buyers rush to benefit from the stamp duty holiday which ends later this month. The property agent is also predicting price renegotiations between buyers and sellers who miss the 30th June deadline. It’s also predicting some completion dates might slip due to pressure on conveyancing and the scarcity of removal teams. “Irrespective of the role played by seasonality, what happens in the final quarter of the year, when the schools are back and there is no stamp duty holiday in place, will reveal more about the longer-term trajectory of the UK property market than the preceding nine months,” said Mr Cleland. The local authorities with the lowest proportion of completions in the third quarter include Newham in London with 25.4 per cent, Blaenau Gwent 25.7, Barnsley 26 and Stoke-on-Trent 26.1 per cent. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Labour and Tory backbenchers join forces to fight planning reforms](https://www.hankzarihs.com/labour-and-tory-backbenchers-join-forces-to-fight-planning-reforms/) **Published:** June 21, 2021 **Author:** Shiraz Khan **Content:** Labour MPs have tabled a debate motion and vote this afternoon in a move to gain cross-party support for watering down the government’s forthcoming planning bill. The new bill is expected to follow the [*Planning for the Future*](https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/958420/MHCLG-Planning-Consultation.pdf) white paper published last year where land would be earmarked for either growth or development. Shadow communities and local government secretary Steve Reed said: “Good development can only happen when developers and communities work together.” Currently, residents can raise their concerns about new housing when a local plan is drawn up and when an individual application goes in. The new bill would get rid of the second opportunity for raising any objections. Mr Reed has described it as a ‘developers’ charter’ that would prevent local residents from having their say. “Developers will be set loose to bulldoze and concrete over neighbourhoods and green spaces at will.” But the National Federation of Builders, [NFB](https://www.builders.org.uk/home/), has accused Labour of not understanding how homes get built. NFB head of housing and planning Rico Wojtulewicz said: “There is no developers charter, just a failing system which councils of all party colours enable. “Labour has made no effort to ensure the upcoming planning reforms deliver better outcomes, they are simply seeking to profit off the flawed debate around it to win votes.” **Private members bill to strengthen residents ‘right to be heard’** Labour is hoping Conservative backbenchers will support their motion following the Tory’s defeat in the Chesham and Amersham by-election. Opposition to HS2 and more relaxed planning laws were believed to have been a factor in the Liberal Democrats victory. Labour is planning a private member’s bill to guarantee “communities’ right to object to planning applications that threaten their local area”. The planning and local representation bill will allow anyone making representations on a planning application the “right to be heard”. It would give the public the right to be consulted on all forms of development for at least 21 days. Labour wants regulation to prevent land-banking with a ‘use it lose it’ rule where developers who wait too long to build would lose their right to do so. [Bridging finance brokers Hank Zarihs Associates](https://www.hankzarihs.com/bridging-loan-broker/) said development finance lenders wanted the planning process to be speedier and were behind moves to digitise operations to provide a speedier service. Labour claims Conservative Party has received £11m in donations from developers in the first year of Boris Johnson’s premiership and £891,000 in the first three months of 2021. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Lack of EU workers drives up London’s construction costs](https://www.hankzarihs.com/lack-of-eu-workers-drives-up-londons-construction-costs/) **Published:** June 17, 2021 **Author:** Shiraz Khan **Content:** Average earnings on London building sites showed a 4.5 per cent month-on-month increase in May to £885 a week, according to construction payroll data from Hudson Contract. The firm is the UK’s largest payer of freelance site workers with more than 2,500 companies across England and Wales on its books. Managing director Ian Anfield attributed wage inflation in the capital to a reduction in migrant EU labour. “We are starting to see the impact of people leaving the UK ahead of the EU settlement scheme deadline on 30th June and not being replaced by incomers,” he said. “First and foremost, this is affecting London which has the highest concentration of foreign construction workers and the most transient labour market.” He said central London’s prime housing market was growing again for the first time since the start of the pandemic reflecting “high spirits” across the sector. The company’s data showed site workers weekly wages outside London were buoyant too with the East Midlands showing a month-on-month 1.7 per cent rise on weekly earnings to £954 – a 17.2 year-on-year increase. The West Midlands was another hotspot with sub-contractors weekly earnings increasing month-on-month by 3.5 per cent to £920 in May. Significant housebuilding and major infrastructure projects in Birmingham such as H2 and facilities for the Commonwealth Games next year had fuelled wages. Wales showed a month-on-month 2.8 per cent increase brining weekly earnings to £887 – a 8.7 per cent year-on-year rise. **A five-year visa for key trades people needed** Mechanical and engineering tradespeople had the strongest growth in earnings which rose 5.7 per cent to £1,068 per week for May. Joinery and plumbing contractors followed with earnings increasing by 4.5 per cent to £1,011 and £967 respectively. The National Federation of Builders, [NFB](https://www.builders.org.uk/home/), wants the government to adopt a temporary five-year visa for trades where there is a shortfall. NFB head of housing and policy Rico Wojtulewicz said: “It takes two to three years for a new learner or apprentice to gain a qualification to work in the construction industry and then two years to achieve the necessary experience.” He added that foreign workers needed at least a year to understand British work practices so a temporary visa would have to be for a minimum of three years to be viable. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said lenders backed measures to help projects complete on time but added they were there for those who need [short-term property finance](https://www.hankzarihs.com/short-term-property-loans/) to tide them over. Mr Anfield said: “There is shedloads of construction work about and growing pressure on the availability of both labour and materials.” He added the closure of the government’s self-employment income support scheme in September should offer some respite encouraging claimants to return to sites. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [New homes quality code a step closer to reality](https://www.hankzarihs.com/new-homes-quality-code-a-step-closer-to-reality/) **Published:** June 14, 2021 **Author:** Shiraz Khan **Content:** Housebuilders will have to offer effective aftercare service on [new homes](https://www.hankzarihs.com/new-build-developer-loans/) to iron out snagging problems in a new draft code on quality out for consultation this month. The code requires builders to offer greater consumer protection to new home buyers from when they walk into a sales office through to two years after occupation. New homes quality board, NHQB, chair Natalie Elphicke MP said: “This is a major milestone in our work to introduce a new and comprehensive framework of protections for home buyers. I believe that the new code fills the gaps in existing protections and will drive up build quality standards and consumer protections.” Builders who fail to treat customers fairly and respond to their concerns in a timely fashion will be referred to an independent new homes ombudsman. Brokers [Hank Zarihs Associates](http://www.hankzarihs.com) said smaller developers backed moves to hold the larger housebuilders to account and that this was something [property development finance lenders](https://www.hankzarihs.com/development-finance/) were also keen to see. **Customers to be kept in the picture** The new code prohibits high-pressure selling and requires any deposits customers pay to be protected. The builder must provide all relevant facts about the home during the sales process including tenure and future management or service charges. It sets out a fair reservation agreement, including a ‘cooling off’ period and sales contract requirement. Customers are allowed to organize a professional pre-completion inspection of their new home. The code specifies that a home must be ‘complete’ to prevent builders from paying customers to move in early. “All homeowners should have the confidence that they will be well protected and any issues they encounter will be independently dealt with, which is why the launch of the consultation represents a great step forward for the industry and the home-owning public,” said Ms Elphicke. The code is out for consultation until the 8th of July and it’s hoped a final draft will be agreed upon before the end of the summer. The NHQB will engage with the industry to ensure housebuilders train staff and make the necessary changes within their businesses. It’s expected the new homes ombudsman service will be in place by the final quarter of this year. An open procurement process for the new homes’ ombudsman was launched late last month with the target of the service being up and running by the final quarter of this year. Then there will be a transition period for builders to register with the NHQB and comply with the new arrangements. Members of the new homes board include Taylor Wimpey, Storey Homes, the National House Building Council and the trade body for banks UK Finance. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Developers give thumbs up to new way to tap global design talent](https://www.hankzarihs.com/developers-give-thumbs-up-to-new-way-to-tap-global-design-talent/) **Published:** June 9, 2021 **Author:** Shiraz Khan **Content:** Easier access to the best design from across the world is to be available via a new architects’ recognition system, the government has [announced](https://www.gov.uk/government/news/government-responds-to-consultation-on-amendments-to-the-architects-act). The new initiative will allow architects with certain international qualifications to join the UK register administered by regulator the Architects Registration Board, ARB. The National Federation of Builders housing and planning policy head Rico Wojtulewicz described the move as extremely useful. “We should always be ensuring the best talent can work in the UK and international recognition standards are one way to achieve that.” Housing minister Chris Pincher said: “This fundamental realignment of the profession will reassert the UK’s reputation as a global leader in architecture, ensuring we continue to attract the best architects from around the world to build back better on the homes and infrastructure in this country.” The new register will be enshrined in law under the professional qualifications bill and is a response to a wider consultation on amending the architect’s act, 1997. Investment minister Lord Gerry Grimstone said: “Our new laws will enable world-class architects to continue working in the UK and can make it possible for the ARB to open up opportunities for British architects working with our global partners.” The Royal Institute of British Architects, RIBA, said it was important the government recognised the global standing of UK architects by committing to recognition of international standards. “To enable the UK profession to maintain and build its reputation as a global leader, the government must now focus on securing reciprocal agreements, to allow both the exportation and recruitment of talent,” said president Alan Jones. **New moves to drive up competency** The ARB will also be given wider powers to monitor architects’ continuing professional development under the building safety bill. ARB chair Alan Kershaw said: “This is an opportunity to recognise formally the considerable amount of development activity that most architects already do. We will develop our approach in collaboration with architects and use our regulatory powers to promote consistency across the profession.” Mr Pincher said the reforms built on major legislative improvements being made by the government concerning fire and building safety. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com) said development finance lenders supported moves to drive up standards and give architects the skills to face key challenges from building safety to climate change. The [government’s response to a consultation](https://www.gov.uk/government/consultations/consultation-on-proposed-amendments-to-the-architects-act-1997) on amendments to the architects act 1997 includes: strengthening the ARB’s monitoring role and listing disciplinary orders against architects on the register. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [What does Let agreed mean?](https://www.hankzarihs.com/what-does-let-agreed-mean/) **Published:** June 8, 2021 **Author:** Shiraz Khan **Content:** With the huge increase in demand for Private Rental Sector (PRS) houses in the past year or so, more houses than ever are coming to the market for rent, however, even this new level of supply is not meeting demand, and so this also means that many properties are coming back off the market just as quick as they entered it. You’ll have heard the term ‘generation rent’ before, and it means that more and more people every year can’t afford to get themselves on the property market, meaning they need to rent, or let, a property. ## Difference between let agreed and Let? Let agreed simply means that when a property has been put up for let, the landlord has agreed to let it somebody pending the relevant paperwork being completed. It means the property is longer on the open market, but that the property hasn’t been completely removed just yet. If a property is for let, it means it’s on the open market and you can apply to rent the property from the landlord, usually through an agent or estate agent. If the property is advertised on a **property** website such as Zoopla or RightMove as ‘to let’ then it means applications are open, however, if it’s advertised as ‘let agreed’, then it means the landlord is in the process of agreeing the let with somebody else. [Let agreed means](https://www.hankzarihs.com/what-does-let-agreed-mean/) it’s in the process of being finalised and the landlord isn’t currently accepting applications. ### Is Let agreed a good sign? ![tenants getting ready to move into their new rental property](https://www.hankzarihs.com/wp-content/uploads/2021/06/let_agreed_tenants_moving_out.jpg "- Bridging and Development Finance Solutions")Well, that very much depends on your perspective. If you’re looking for a property and it says **let agreed**, then chances are you’re going to be disappointed. If you’re a landlord then it’s great news because it means you’ve managed to let your property out pending acceptance. If you’re looking in a particular area for **rental** properties and there’s quite a few let agreed, then it’s likely a popular area where quite a few people are looking so chances are you’ll need to be quick to bag yourself a good rental property there. ## Do estate agents show let agreed? Broadly speaking, yes, most will do. They’ll generally like to show a let agreed property as it means they’re good at letting out properties and it will attract more business. Some may not at the request of a landlord until everything has been agreed and the deposit paid, but that’s unlikely to happen particularly often. ## Can let agreed deals fall through? Yes, let agreed deals can and do fall through, which is one of the main reasons they’ll still be advertised on property sites in order to ensure that if the deal does fall through they can quickly change the advert and start taking applications again. Let agreed deals can fall through for various reasons, such as a prospective **tenant** failing a credit check or being unable to find the deposit money. Most let agreed deals do go through, but there are occasions where something goes wrong. ## What is a holding deposit? When you rent a property you’re always required to pay a security deposit, usually one month’s rent, in order that the landlord has some money kept aside in case you damage the property or go into arrears on your rent. A holding deposit is slightly different in that it’s usually not as much and is only required to take the property off the market or mark it as ‘let agreed’. For example, an estate agent may ask you for £150 in order to take the property off the market whilst your application paperwork goes through and your credit check. Once all of this is completed, you’ll then be asked to pay the rest of the security deposit. ### Can a holding deposit be refunded? Yes, in most instances a holding deposit is refundable. As mentioned, there are circumstances where a let may not go ahead, such as a failed credit check or a change of circumstances. Most reputable agents and estate agents will state that a security deposit is refundable, and if your **agreement** goes wrong for any reason, you’ll then be given it back. ## The tenants journey Most of the time a tenant’s journey will follow a familiar path. - When the tenant has found a property that they’re keen on they’ll put in an application. The agent will usually pass this to the **landlord** and if there’s more than one, a landlord will usually pick the one they like the best and the tenant will then be asked to put down a security deposit to take the property off the market. - That will then mean that the property is ‘let agreed’ and will then be displayed as such on most property websites and with the estate agent too. - The estate agent will then usually perform the relevant checks with income, references and credit checks and ensure that everything is above board before the application is completed. It’s at this point where any issues may arise and cause the deal to collapse. - Once the application has been confirmed and approved, the tenant will then be asked to pay the rest of the security deposit and pick a date to move in and sign on the dotted line. - The tenant will then move into their property. ### What does let stc mean? Let ‘stc’ means ‘Let Subject To Contract’ and is usually just a reworded way of saying the same thing. It means that a tenant has put in an application and that it’s been accepted pending further checks and the signing of the **tenancy agreement** and other contracts. #### To summarise In the property market, if you’re looking to rent then usually there’s an application process where you need to provide proof if ID, proof of your income, provide references and go through a credit check. This process can take some time and so whilst this is being done an estate agent or landlord may want to take the property off the market, so they don’t get bombarded with applications. The tenant applying will be required to pay a holding deposit whilst this process goes through. Once a holding deposit is paid, this is considered as let agreed, and will be advertised as such. These deals can and do fail, however, so rather than completely removing the listing, most will simply pause it whilst the application is processed. Once the application has been completed, the listing will be taken down and the paperwork will be signed and completed. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog --- ### [House prices soar in Wales and the North West](https://www.hankzarihs.com/house-prices-soar-in-wales-and-the-north-west/) **Published:** June 7, 2021 **Author:** Shiraz Khan **Content:** The average UK property price has reached a record high of £261,743 with Wales the strongest performing region according to [Halifax’s house price index](https://www.halifax.co.uk/media-centre/house-price-index.html) for May. Annual growth surged to 9.5 per cent, meaning the average UK home has increased in value by more than £22,000 over the last 12 months. Halifax managing director Russell Galley said the market was continuing to be buoyed by the current stamp duty holiday with prospective buyers racing to complete before June’s deadline. “The current strength in house prices also points to a deeper and long-lasting change as buyer preferences shift in anticipation of new, post-pandemic lifestyles – as greater demand for larger properties with more space might warrant an increased willingness to spend a higher proportion of income on housing,” he said. Wales saw an 11.9 per cent rise in prices over the past year, closely followed by the North West and Yorkshire and Humber, both of which posted double-digit annual growth. Wales and the North West saw the biggest percentage gains since April 2005 and Yorkshire and Humber experienced the highest rises since June 2006. The North East was the only region not to see an acceleration in house prices last month. “These trends, coupled with growing confidence in a more rapid recovery in economic activity if restrictions continue to be eased, are likely to support house prices for some time to come, particularly given the continued shortage of properties for sale,” said Mr Galley. However, the South of England showed muted house price rises with greater London revealing a 3.1 per cent year-on-year increase. “This likely reflects a weakness in city prices given the shift in preference for properties with more space, whilst recent surcharges on stamp duty for [non-UK residents](https://www.hankzarihs.com/buy-to-let-mortgages-for-non-uk-residents/) and Brexit concerns will also have weighed on the capital’s market.” Mr Galley added that London had experienced a phenomenal house price rise following the global financial crisis which was not felt to the same extent by other regions. **Buyers look for more space** The National Federation of Builders head of housing and planning Rico Wojtulewicz said: “There has been more interest in houses than flats over the last four to five months and this isn’t purely down to the stamp duty holiday but to effects of the pandemic. A lot of people with high salaries and equity in their flats in London want to move out for more space.” Mr Wojtulewicz said this was something builders should think about when designing their next projects. He said intense competition for £200,000 houses in Wales or the North West was more likely to happen as there was more room for manoeuvre than for an expensive property in London. Bank of England figures show the number of mortgages approved to [finance house purchases](https://www.hankzarihs.com/fast-bridging-finance/) rose in May 2021 by 4 per cent to 86,921. Year-on-year, the April figure was 439 per cent above April 2020 which was during the first lockdown period. HMRC latest quarterly transactions, February to April were 24 per cent higher than the preceding three months and year-on-year were 179.6 per cent higher than in April 2020. The Royal Institution of Chartered Surveyors residential market survey for April showed buyer demand remained high across the market, while new instructions lost impetus. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com) said property development lenders were keen to extend finance for projects in major cities across the UK. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Planning flow needs to speed up to meet 300,000 new homes target](https://www.hankzarihs.com/planning-flow-needs-to-speed-up-to-meet-300000-new-homes-target/) **Published:** June 3, 2021 **Author:** Shiraz Khan **Content:** Developers and housebuilders warn the government is unlikely to hit its goal of 300,000 new homes built a year by the mid-2020s unless it ups its planning permission numbers. They are calling for at least 1.7m planning applications to be granted claiming the current pipeline of 1.3m homes with permission to be built by March 2025 is not enough. The Land Promoters and Developers Federation, LPDF, and [Home Builders Federation](https://www.hbf.co.uk/about/), HBF, claim planning permission data, such as Glenigan’s, includes sites where an unquantified number of homes have already been built. They have commissioned research that shows there should be at least 1.7m homes with permission granted if the government is serious about building 300,000 new homes a year. *Taking Stock,* produced by planning consultants Lichfields, calls for more applications in the pipeline because many permissions are delayed, re-planned or lapse, and some will deliver homes beyond a five-year timescale. HBF planning director Andrew Whitaker said: “The report clearly demonstrates we are not currently granting anywhere near enough planning permissions to meet the government’s housing target. It also shows that for such a key government objective, the way housing permissions are monitored is wholly unsatisfactory and does not provide a basis to make reasoned policy decisions.” LPDF and HBF want a national centralised digital monitoring system of permissions showing how they relate to completions and pinpointing the location. They argue there is a north-south divide with many of the least affordable areas, such as London and the south of England, facing greater obstacles reflected in their lower number of live permissions. LPDF chairman Paul Brocklehurst said: “Post pandemic the [demand for new homes has been exceptionally strong](https://www.hankzarihs.com/new-build-developer-loans/) and as a consequence action is required now to improve the flow of planning permissions in many parts of the country to ensure that the housing crisis does not deepen further.” **Numbers rethink is essential** The report calculates planning permissions for around 520,000 houses each year needs to be granted to ensure 300,000 homes a year are delivered. This means an increase of between 104,000 and 115,000 permissions a year over the next two to three years. “At a time when the government is proposing fundamental reform of the planning system in the medium to long-term we need to ensure the existing system can operate more effectively now,” said Mr Brocklehurst. He said local planning authorities needed more staff to process the thousands of stalled applications due to delays to determination, agreement of section 106 and planning appeals. “As each day passes those without a home to call their own find it harder and harder to get into the housing market, heightening the generational divide and harming our economy,” he said. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com) said [property development finance lenders](https://www.hankzarihs.com/development-finance/) were used to offering [bridging loans to builders](https://www.hankzarihs.com/unregulated-bridging-loans/) who were increasingly finding projects delayed due to planning glitches. An MHCLG spokesperson said: “This government is clear that new homes should be built out as soon as possible once planning permission is granted. “Where sites are experiencing delays, it is for councils and developers to work closely together to overcome these barriers. We will be exploring further options to support faster build-out as part of our proposed planning reforms.” ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Builders ups the ante for national green retrofit roadmap](https://www.hankzarihs.com/builders-ups-the-ante-for-national-green-retrofit-roadmap/) **Published:** June 1, 2021 **Author:** Shiraz Khan **Content:** The building industry has fine-tuned its 20-year [blueprint](https://www.constructionleadershipcouncil.co.uk/wp-content/uploads/2021/05/Construction-Leadership-Council-National-Retrofit-Strategy-Version-2.pdf) to make the UK’s 28m existing homes greener ahead of the government’s imminent release of its heat and buildings strategy. The Construction Leadership Council, CLC, together with 38 signatories, has written to business secretary Kwasi Kwarteng urging for its proposals to be adopted in the forthcoming white paper. Chief executive of the Federation of Master Builders, FMB and CLC’s domestic repairs maintenance and improvements working party chair, Brian Berry, said: “This will help make our homes more comfortable and cheaper to run. This strategy also has the potential to unlock 100,000 new jobs and save 2.53m tonnes of carbon dioxide in the first four years, in return for £5.3bn of government investment. This will support the levelling-up agenda, helping us to build back better and greener.” The latest retrofit strategy is calling for 20 trial areas in different regional economies across England to pilot a self-sustaining retrofit market. It wants local development orders allowing green refurbishments such as solar panels or heat pumps to go ahead without needing planning approval. National Federation of Builders, NFB, housing and planning policy head Rico Wojtulewicz said: “Old buildings are difficult to retrofit because of the planning process yet these buildings need the most help.” **Long-term policy structure crucial** The building industry would like to see the government adopt a national policy in a similar vein to the current national planning policy framework. CLC deputy chair Mark Reynolds said: “To deliver on the prime minister’s commitment to reduce carbon emissions by 78 per cent by 2035, the construction industry must work with the government and take action on reducing the environmental impact of our buildings.” He added he was pleased that the construction industry’s national retrofit strategy was gaining more support leading up to the UN’s climate change conference in Glasgow this November. Brokers [Hank Zarihs Associates](http://www.hankzarihs.com) said property finance lenders believed a strong green refurbishment sector would allow smaller SME developers to grow. It’s estimated more than two-thirds of the UK’s existing 28m [homes need improvements](https://www.hankzarihs.com/refurbishment-bridging-loan/) like retrofitting whether it be wall or loft insulation, improved air tightness or solar panels. The industry needs around 500,000 new professionals and trades to tackle this as well as upskilling the current workforce. The country’s housing stock is believed to account for 20 per cent of nation’s carbon emissions and 35 per cent of energy use. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [New builds to offer big markdowns for first-time buyers](https://www.hankzarihs.com/new-builds-to-offer-big-markdowns-for-first-time-buyers/) **Published:** May 26, 2021 **Author:** Shiraz Khan **Content:** Developers will soon be expected to offer discounts of between 30 to 50 per cent on some of the [new build homes](https://www.hankzarihs.com/new-build-developer-loans/) they build for local first-time buyers on modest incomes. Housing minister Christopher Pincher has said at least a quarter of developers’ contributions to affordable housing should include these types of discounted homes. “Ensuring access to homeownership remains a key priority and challenge for this government. However, rising prices, high deposits and difficulty accessing mortgage finance still mean that far too many people are denied the opportunity to own a home of their own.” In a [ministerial announcement](https://questions-statements.parliament.uk/written-statements/detail/2021-05-24/hlws48) on Monday, Mr Pincher said first homes would meet the definition of affordable housing for planning purposes from 28 June 2021. The National Federation of Builders, NFB, said the new rules would be relatively easy for the large housebuilders but would be more difficult for [SME developers](https://www.hankzarihs.com/development-finance/). NFB housing and planning head Rico Wojtulewicz said: “It’s a hefty discount to find off build costs. It will be a challenge to deliver these homes for sale at a lower price.” The first sale of a first home must be no more than £250,000, or £420,000 for greater London after the discount has applied. Buyers should have a combined household income of £80,000 or less, and in London £90,000 or below, to qualify. This discount should be at least 30 per cent with local authorities able to set deeper minimum one of 40 or 50 per cent if they can prove this is needed. This reduction would be recognised in the title deeds ensuring it continued to be applied on the resale of the property. **LAs can decide who should benefit** Councils will have the flexibility to implement additional eligibility criteria, such as requiring a local connection or prioritising key workers. If the homes under local measures are not sold within three months then they will revert to the national standard criteria. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance lenders regarded first homes as offering a different option for builders to meet their affordable housing contributions. The new requirement won’t apply to sites with full or outline planning permission in place or determined before 28 December 2021, or 28 March 2022 if there has been “significant pre-application engagement”. First homes was first proposed by the government back in February last year and has received 3,200 responses. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Developing public land set to get easier for SMEs](https://www.hankzarihs.com/developing-public-land-set-to-get-easier-for-smes/) **Published:** May 24, 2021 **Author:** Shiraz Khan **Content:** Smaller housebuilders are to be given a better chance of bidding to develop public land following a major overhaul of the [system](https://www.gov.uk/government/news/boost-for-housebuilders-as-homes-england-prepares-to-launch-new-dynamic-purchasing-system). Housing accelerator Homes England is making the process more flexible and simplifying access so [smaller developers](https://www.hankzarihs.com/new-build-developer-loans/) and new entrants can participate. Homes England chief land and development officer Stephen Kinsella said: “This new digital system marks a huge step forward, making it much easier for developers to bid for our land. I’d encourage our current partners, as well as those we haven’t worked with before, to get their applications in so we can work together to create great places to live.” A digitised delivery partnership system will enable housebuilders to join the agency’s preferred list whenever they choose rather than waiting every four years for the panel to be renewed. The application will consider the size of the developer so SMEs bidding to deliver smaller sites will benefit from simpler entry criteria. But the requirements for developers bidding to deliver larger strategic sites will be more testing. The National Federation of House Builders, NFB, said traditionally the panel of preferred partners had been dominated by larger companies. **More small sites need to come on stream** NFB’s housing and planning policy head Rico Wojtulewicz said the changes were a positive move but that more needed to be done. “What we need is smaller sites on the system from one to 15 homes. And the next challenge would be to give Homes England strategic planning powers. For example, where a local authority is not meeting its housing delivery targets they could say we have a site available in your area and you must deliver homes on it.” Although he added that less big sites such as parcels of land for 20 to 50 homes were beginning to come on stream. Brokers [Hank Zarihs Associates](http://www.hankzarihs.com) said development finance [lenders](https://www.hankzarihs.com/development-finance/) would be keen to support SMEs build on smaller plots. Homes England said they were open for sustainable high-quality applications under the new system from today to 25th June with the official launch of the new system on 1st September 2021. Housebuilders can tailor their membership to express interest in specific locations or types of development. The agency is encouraging developers to monitor its interactive Land Hub tool to see which sites are coming to market. Homes England has a large swathe of public sector land transferred to it from the former regional development agencies as well as former Ministry of Defence, NHS and Network rail sites. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Overseas buyers’ interest in UK properties revs up](https://www.hankzarihs.com/overseas-buyers-interest-in-uk-properties-revs-up/) **Published:** September 7, 2021 **Author:** Shiraz Khan **Content:** Nearly a quarter of online browsers [looking at properties](https://www.hankzarihs.com/how-to-get-into-property-development/) for sale or let were from overseas – the highest figure since January 2020, according to property agent Knight Frank’s [data](https://www.knightfrank.com/research/article/2021-09-06-overseas-buyers-and-tenants-gear-up-for-uk-return). This was up on the average of 17 per cent of overseas viewers in the 18 months to June this year. The return of overseas corporate tenants and overseas students getting ready for the academic year has driven demand. Knight Frank’s head of UK residential research Tom Bill said: “International demand is undoubtedly building as the feeling grows that the worst of the pandemic is behind us.” The property agent figures showed a slight price growth in prime central London of 0.8 per cent in the year to July. However, Nationwide recorded growth of just over seven per cent in the year to June for Greater London. Knight Frank is predicting prime central prices will end the year two per cent higher with this increasing to seven per cent in 2022 as overseas demand kicks in. **Student letting demand set to pick up** In the lettings market, tenant demand is expected to be more evenly spread over the year than normal as overseas students gain more clarity about face-to-face to study. Knight Frank said key London districts such as Aldgate and the Southbank were particularly popular with overseas customers accounting for more than 80 per cent of rental applications. Finance brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said lenders were keen to offer development and refurbishment finance for builders constructing homes in well-connected student friendly districts. However, material and staff shortages are continuing to exert pressure on builders. The [Purchasing Managers Index](https://www.markiteconomics.com/Public/Home/PressRelease/53d8bb43bc3e45cf9be7330c306168fe?s=1) for construction revealed 84 per cent of supply chain managers were paying more for materials and staff in August due low stocks and fewer overseas workers. Output continued to increase in August at 55.2 comfortably higher than the 50 flat activity level but down on July’s 58.7 figure. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Young people prioritised for new homes, pledges the government](https://www.hankzarihs.com/young-people-prioritised-for-new-homes-pledges-the-government/) **Published:** August 31, 2021 **Author:** Shiraz Khan **Content:** Nearly 120,000 new homes, of which half will be affordable ownership, are to be built for young people over the next decade, the government has [announced](https://www.gov.uk/government/news/86-billion-for-affordable-homes-to-give-boost-onto-housing-ladder). It’s allocated £8.6bn out of its £11.5bn affordable homes programme for 57,000 homes for ownership, 29,600 for social rent and 6,250 affordable rural homes. Housing secretary Robert Jenrick said: “Creating more opportunities for home ownership is central to this government. “This huge funding package will make the ambition of owning a home a reality for families by making it realistic and affordable.” The government hopes the investment will support 37,000 new jobs for homebuilders, SME developers, and those supporting the house building industry such as electricians and plumbers. It estimates this will generate up to £26bn of other private and public investment. National Federation of Builders, NFB, housing and planning policy head Rico Wojtulewicz said: “It’s a healthy number of homes but the devil is going to be in the detail – how are they being built and who’s going to build them?” Homes England, the government’s housing agency, will deliver £5.2bn of the package outside London with the Greater London Authority delivering homes in the capital. Nearly 90 new partnerships – made up of councils, housing associations and private providers – have successfully bid for their share of programme funding. The £8.6bn package will also deliver new supported housing for older or disabled people with special needs. **SME builders should play a bigger role** Mr Wojtulewicz said he hoped Homes England would use more SMEs rather than larger contractors to deliver the new homes. “Let’s have as many different players delivering them and as many different tenure models as possible.” Homes England’s announced in May that builders could bid to join its preferred list of contractors whenever they chose rather than every four years. It pledged that SMEs bidding to deliver smaller sites would benefit from simpler entry criteria. [Brokers Hank Zarihs Associates](https://www.hankzarihs.com/) said that development finance lenders were keen to offer construction loans to SME builders involved with delivering affordable housing. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Nationwide records annual house price growth of 11 per cent for August](https://www.hankzarihs.com/nationwide-records-annual-house-price-growth-of-11-per-cent-for-august/) **Published:** September 1, 2021 **Author:** Shiraz Khan **Content:** Stamp duty relief on properties up to the value of £250,000 is thought to be behind August’s surprise house price upturn said the country’s second biggest mortgage lender, Nationwide. Although the benefits are typically more modest than before delivering tax savings of £2,500 compared with £15,000 on a property worth £500,000 back in July. The building society’s chief economist Robert Gardner said: “The bounce back in August is surprising because it seemed more likely that the tapering of stamp duty relief in England at the end of June would take some of the heat out of the market. “The strength may reflect strong demand from those buying a property priced between £125,000 and £250,000 who are looking to take advantage of the stamp duty relief in place until the end of September.” August’s 11 per cent annual rise is up on July’s 10.5 per cent growth and is a 2.1 month-on-month gain, the second largest in 15 years, bringing the average English house price to about £250,000. Mr Gardner said: “Lack of supply is also likely to be a key factor behind August’s price increase, with estate agents reporting low numbers of properties on their books.” The Royal Institution of Chartered Surveyors housing market survey in July showed the fourth successive contraction in new listings and the weakest reading for new instructions since April 2020. This has fuelled house price growth which has been particularly strong in the north of England, Wales and East Anglia with more moderate rises in London. UK house prices in June recorded a 13.2 per cent annual rise – 4.5 per cent up on May’s figures – with average house prices at £265,668, HM Land Registry [figures](https://www.hankzarihs.com/uk-house-prices-show-13-2-per-cent-year-on-year-rise/) showed. Nationwide expects the market to soften in October when the stamp duty holiday expires and tax relief goes back to the pre-pandemic £125,000 threshold. Mr Gardner said underlying demand was likely to ease around the turn of the year if unemployment rises as predicted by many analysts but said that this forecast was far from certain. “The labour market has remained remarkably resilient to date and, even if it does weaken, there is scope for shifts in housing preferences as a result of the pandemic to continue to support activity for some time yet.” **House prices expected to rise in the short-term** EY ITEM Club senior economic advisor Martin Beck said a rise in house prices was likely to persist for the foreseeable future. “Consumer confidence has remained high and buyers have continued to benefit from ultra-low mortgage rates. Combined with the fuel for property deposits provided by the substantial savings accumulated by some households during lockdowns, there are plenty of props supporting the housing market.” However, he did warn that the ratio of house prices to incomes was making affordability look increasingly stretched. “Higher inflation and the prospect of some increase in unemployment when the furlough scheme ends means the outlook for household income growth is clouded,” said Mr Beck. He added that the odds of a downturn in house prices in the near term looked slim. Brokers [Hank Zarihs Associates](http://www.hankzarihs.com) said that lenders were keen to offer construction loans to [developers building new homes](https://www.hankzarihs.com/new-build-developer-loans/) in parts of the country, such as the Southeast, where housing need was high. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Overseas investments in UK regional offices soars](https://www.hankzarihs.com/overseas-investments-in-uk-regional-offices-soars/) **Published:** August 26, 2021 **Author:** Shiraz Khan **Content:** [Investments](https://www.hankzarihs.com/expat-mortgages/) in offices outside the capital for the first half of this year hit £3.58bn – 18 per cent above the long-term average for the first half of this year, [Savills research](https://www.savills.com/research_articles/255800/317725-0) reveals. Overseas investors accounted for two-thirds of the £3.58bn of investments from January to June 2021 – 38 per cent above the five-year average. Savills said the high turnover in Greater London, Southeast and the regional market was due to large lot sizes with 14 transactions over £50m – the highest in three years. Commercial research director Steven Lang said: “The UK has been seen as at the forefront of dealing with the pandemic. Interest has come from overseas investors, for example, Israel, who see the UK as a safer haven for their money and that offices will be more relevant in the future.” He said rising prices had exerted pressure on yields which were at five per cent for prime regional offices. Positive momentum in the regional office occupational market continued in the first half of this year in the wake of lockdown restrictions easing. Take-up reached 3.96 million sq ft at the end of June representing a ten per cent increase from the second half of last year and 24 per cent above the first half of 2020. Birmingham, Leeds, Glasgow and the greater London and the Southeast recorded rises in take-up of over 49 per cent compared with the second half of 2020. The public sector was the most active accounting for one-fifth of office take-up with technology, manufacturing and industry, including life sciences, close behind. Global law firm DLA Piper’s pre-letting of 83,012 sq ft at City Square House, Leeds was the largest letting in the regional city office market. Savills said there had also been good demand from larger occupiers in the greater London and the Southeast with six deals over 50,000 sq ft, which was the joint highest total at the half-year stage for the region. **Well-connected small towns offer development potential** Mr Lang said there was a massive opportunity for SME developers to build offices in small towns close to connections with major cities. “For example, an engineering practice or design agency making profits of £1m a year – they are looking for quality space that’s well connected close to a major city.” In the greater London area, this type of customer would be looking at annual rents of £18 to 20 per sq ft and in a location close to Manchester this could typically be £15 to £18 per sq ft. Brokers [Hank Zarihs Associates](http://www.hankzarihs.com) said development finance lenders were keen to offer construction loans to SMEs wanting to build commercial offices in the regions. Savills said corporate occupier optimism was strong pointing to Deloitte’s quarterly survey of chief financial officers where 77 per cent said they would increase their workforce in the next 12 months. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Post-Brexit products certification postponed to avoid supply crisis](https://www.hankzarihs.com/post-brexit-products-certification-postponed-to-avoid-supply-crisis/) **Published:** August 24, 2021 **Author:** Shiraz Khan **Content:** **Post-Brexit products certification postponed to avoid supply crisis** Manufacturers have won an extra year to get products tested to comply with new UK certification rules originally due to replace CE marking in January 2022. International and domestic manufacturers had threatened to pull products off the market given the long queues for getting their items tested by that deadline. Construction Products Association, CPA, government relations and business development director Jeff May said: “To the government’s credit they realised some of the challenges were difficult to meet and couldn’t have happened at a worse time given shortages in imported supplies and tougher building safety regulation.” The CPA had campaigned for the introduction of the UKCA mark to be postponed for two years to January 2024. “We are cautiously optimistic that we can meet the new deadline although there will be a lot of challenges to do this,” said Mr May. **More testing houses needed** There is a shortage of testing capacity for products such as radiators where there is only one UK testing house capable of verifying 250 radiators a year. Currently, there are more than 5000 radiators that need re-testing to comply with UKCA requirements. Electric cable producers, double glazing, lift manufacturers and the fire safety industry are also concerned about testing capacity for their products. They have highlighted that testing for complex products can take up to three months to complete. The National Federation of Builders, NFB, said it was important for the UK manufacturing market to remain healthy especially given 75 per cent of products for [house construction](https://www.hankzarihs.com/construction-loans/) are domestically sourced. NFB head of housing and planning policy Rico Wojtulewicz said: “This is a welcomed postponement as the industry wasn’t ready for the changes and with the covid chaos, many manufacturers were struggling with the testing requirements. The government took the correct step by working with industry and making this judgement.” Brokers [Hank Zarihs Associates](http://www.hankzarihs.com) said development finance lenders were keen to see the number of testing houses increase to help smooth the UK supply chain and enable projects to finish on time. The Business, Energy and Industrial Strategy department said it would continue to engage with manufacturers to ensure they understand what they need to do to get ready for the new January 2023 deadline. The government has published the [UK Market Conformity Assessment Bodies database](https://eur02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.gov.uk%2Fuk-market-conformity-assessment-bodies&data=04%7C01%7CFlora.Burles%40beis.gov.uk%7Cbadbacfaa4df4d6051f308d96652f861%7Ccbac700502c143ebb497e6492d1b2dd8%7C0%7C0%7C637653328800917967%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C1000&sdata=vTAe3oImxBSZW0RSHmDqHVkssH4gTTSunx0PXAo75XQ%3D&reserved=0) which businesses can use to identify the appropriate organisation to certify their products. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Custom and self-build homes to get scale-up boost](https://www.hankzarihs.com/custom-and-self-build-homes-to-get-scale-up-boost/) **Published:** August 23, 2021 **Author:** Shiraz Khan **Content:** Up to 40,000 new homes a year should be custom or self-built according to a government-commissioned review released on August 21st. MP Richard Bacon’s [*House*](https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1012147/Bacon_Review.pdf): *How putting customers in charge can change everything* offers a route map on how the UK can increase the 13,000 new homes a year built this way to three times this figure. Prime minister Boris Johnson, who commissioned the analysis, said: “Self-build and custom housebuilding can play a crucial role in increasing choice for consumers and ensuring people can live in the homes that they want, and that are designed to meet their needs.” *House* recommends setting up a new custom and self-build housing delivery unit to support the creation of serviced plots on small and large sites and delivery at scale. It’s proposing making the planning process easier for custom and self-build developers by maximising opportunities for permissioned [land](https://www.hankzarihs.com/land-finance/) across all tenures. The Federation of Master Builders chief executive Brian Berry said access to viable small plots was one of the biggest constraints his members faced. “I welcome the review’s focus on the supply of land and hope the government will recognise the support that local authorities need to help more SMEs to build.” **Park to showcase bespoke homes** The review recommends promoting custom and self-build pilot schemes with a show park to raise awareness and develop understanding among potential customers. National Custom and Self Build Association, NaCSBA, chief executive Andrew Baddeley-Chappell said: “We must also open the eyes of the public to the possibilities that are out there. Both these aspects require the leadership of the government to address the failures in our current market.” Mr Bacon has said that embarking on a custom or self-build house should be no more difficult than ordering a new car. “In practice, most customers have very little say. Indeed, for the very item on which customers spend the largest proportion of their incomes – their homes – they hold the least consumer power,” he said. “There is a solution. It involves creating the conditions in which customers are treated as if they matter the most, rather than – for the most part – scarcely mattering at all. And this is what happens when people themselves commission the houses they would like to see.” The review recommends “re-igniting” the community housing fund to provide homes at affordable local income levels. The government hopes its £150m [funded equity loan](https://www.hankzarihs.com/joint-venture-property-finance/) scheme allowing people who want to design and build their own homes to borrow with lower deposits will be a game-changer. The Ministry of Housing Communities and Local Government and Homes England will be looking at the review over the next few months to see how the recommendations can be put into practice. Self-commissioned housing is more common overseas often accounting for a third of the total housing supply and in Germany, more than half of all new houses are delivered this way. Brokers [Hank Zarihs Associates](http://www.hankzarihs.com) said property finance lenders were keen to offering construction loans to SMEs operating in this sector. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Builders urged to switch to electricity for powering site machinery](https://www.hankzarihs.com/builders-urged-to-switch-to-electricity-for-powering-site-machinery/) **Published:** August 19, 2021 **Author:** Shiraz Khan **Content:** Construction firms are being urged to ditch diesel and use electricity to power site machinery enabling them to cut carbon emissions by 97 per cent, by the National Federation of Builders, [NFB](https://www.builders.org.uk/news/). The trade body has partnered with energy consultants Utility Team to help builders secure a green temporary building supply offering electricity from renewable sources for up to three years. NFB chief executive Richard Beresford said: “Due to its intensive processes and reliance on diesel generation, the construction industry has always been a heavy energy user. In turn, there has been a significant amount of carbon emissions released into the atmosphere.” He added that most construction firms should be phasing out all their diesel generators and switching to having a green temporary building supply. Incentives to do so will increase once tax rebates of 46.81 pence per litre on red diesel, which has a marker dye, finish in April. Currently, the levy on red diesel is 11.41 pence per litre but in April it will pay the same levy as white diesel of 57.95 pence per litre. Historically contractors have shied away from using temporary building supplies because of the infrastructure cost and the time take to negotiate supply with distribution network officers. **Green energy can be as cost-effective as brown** However, the NFB is assuring its members they can be procured at the same price as brown energy and come from 100 per cent renewable energy providing you find the right supplier. Utility Team is offering to handle the process of getting a temporary building supply by working with distribution network officers to negotiate costs, time scales and completion. The NFB said that legislation requiring businesses to reduce their carbon emissions to net-zero meant it was crucial for the construction industry to start minimising its ‘carbon footprint’. The government recently announced businesses bidding for state contracts of more than £5m in value need to have a net-zero by 2050 plan to be allowed to bid for a contract. Brokers [Hank Zarihs Associates](http://www.hankzarihs.com) said development finance lenders were keen to offer [finance to SME builders](https://www.hankzarihs.com/construction-loans/) switching to greener practices on site. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [UK house prices show 13.2 per cent year on year rise](https://www.hankzarihs.com/uk-house-prices-show-13-2-per-cent-year-on-year-rise/) **Published:** August 18, 2021 **Author:** Shiraz Khan **Content:** UK house prices in June recorded a 13.2 per cent annual rise – 4.5 per cent up on May’s figures – with average house prices at £265,668, showed Office of National Statistics, ONS, [data](https://www.gov.uk/government/statistics/uk-house-price-index-summary-june-2021/uk-house-price-index-summary-june-2021). Detached houses experienced the highest annual price growth of 15.6 per cent bringing the average price to £410,054. Flats and maisonettes revealed the lowest growth of 8.4 per cent bringing the average price to £221,211. [EY ITEM Club](https://www.ey.com/en_uk/growth/ey-item-club) senior economic advisor Martin Beck said: “Better-off, home-owning households are emerging from the pandemic in relatively good financial shape. Taken together with changing housing preferences, very low mortgage rates and a strong economic recovery, it suggests a correction in property prices is unlikely in the near future.**”** [New build properties](https://www.hankzarihs.com/new-build-developer-loans/) showed a 14.4 per cent annual price growth with the average price standing at £337,377 compared to resold properties which revealed a 9.1 per cent with the average price at £246,310. [Owner-occupier purchasers](https://www.hankzarihs.com/owner-occupied-commercial-mortgage/) showed an annual 13.9 per cent growth bringing the average price paid to £309,754. First-time buyers recorded a slightly lower annual growth of 12.7 per cent with the average price paid at £222,712. **Sales transactions more than treble in June** The Northwest recorded the strongest annual growth at 18.6 per cent while London showed the weakest growth at 6.3 per cent. Wales showed the strongest growth at 16.7 per cent while Northern Ireland recorded the lowest growth at nine per cent for the year leading to the second quarter. Estimated sales transactions in the UK were at 198,240 revealing a 219 per cent annual increase as buyers raced to beat the end of the stamp duty holiday. Between May and June, UK transactions rose by 74.1 per cent. Bank of England data showed a slight decrease in the mortgage approvals of 81,300 compared with April’s 86,900 figure. However, net mortgage borrowing reached a record high of £1.7bn in June. Brokers [Hank Zarihs Associates](http://www.hankzarihs.com) said the figures showed why development finance lenders were keen to offer [property construction finance to SME builders](https://www.hankzarihs.com/construction-loans/) for new residential projects. The UK’s second-largest mortgage lender Nationwide Building Society reported similar annual house price growth of 13.4 per cent in June – the highest level since November 2004. The lender’s figures in July fell back to an annual increase of 10.5 per cent. Nationwide’s chief economist Robert Gardner said: “Underlying demand is likely to remain solid in the near term. Consumer confidence has rebounded in recent months while borrowing costs remain low. This, combined with a lack of supply on the market, suggests continued support for house prices.” Although, he said the outlook was harder to predict towards the end of this year. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Up to 3m homes powered by hydrogen within next ten years](https://www.hankzarihs.com/up-to-3m-homes-powered-by-hydrogen-within-next-ten-years/) **Published:** August 18, 2021 **Author:** Shiraz Khan **Content:** The UK government wants up to 3m homes to be powered by hydrogen by 2030, as part of its [strategy](https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1011283/UK-Hydrogen-Strategy_web.pdf) to move to the low carbon energy source. Its hydrogen strategy released today sets out how transport, business and construction will harness the green-friendly gas creating up to 9,000 new jobs and unlocking £4bn in investment. Business and energy secretary Kwasi Kwarteng said: “This home-grown clean energy source has the potential to transform the way we power our lives and will be essential to tackling climate change and reaching net-zero. “With the potential to provide a third of the UK’s energy in the future, our strategy positions the UK as first in the global race to ramp up hydrogen technology and seize the thousands of jobs and private investment that come with it.” The strategy spells out how the government will work with industry to meet its ambition for five gigawatts of low carbon hydrogen production capacity by 2030. It’s hoped that hydrogen could play an important role in decarbonising polluting, energy-intensive industries like chemicals, oil refineries, power and heavy transport. Government analysis suggests a third of the UK’s energy consumption by 2050 could be hydrogen-based. It believes this energy source could be critical to meet net-zero emission targets by 2050 and cutting emissions by 78 per cent by 2035. Energy and climate change minister Anne-Marie Trevelyan said: “Today’s strategy sends a strong signal globally that we are committed to building a thriving low carbon hydrogen economy that could deliver hundreds of thousands of high-quality green jobs, helps millions of homes transition to green energy, support our key industrial heartlands to move away from fossil fuels and bring in significant investment.” **Road map offered on how to switch to hydrogen** The government is basing its approach on how it fostered offshore wind by using contracts for difference offering developers protection against volatile wholesale prices. It said this would also protect consumers from paying increased support costs. It will be offering £105m in funding to support polluting industries to significantly slash their emissions. It’s also consulting on a £240m net zero hydrogen fund to support the commercial deployment of new low carbon hydrogen production plants across the UK. The strategy will outline a ‘twin track’ approach to supporting multiple technologies including ‘green’ electrolytic and ‘blue’ hydrogen which is made from natural gas and steam. Unlike green hydrogen, blue hydrogen is not emissions-free, but the carbon emissions are captured, stored and used in other applications. It looks at how the government can collaborate with industry to develop a UK standard for low carbon hydrogen as well as the development of the necessary network and storage infrastructure. The government has said it will work with industry to assess the feasibility of mixing 20 per cent of hydrogen into the existing gas supply. It plans to launch a hydrogen sector development plan early next year setting out how it can support companies to secure supply chain opportunities, skills and jobs in hydrogen. Several UK companies are already harnessing hydrogen such as Hanson Cement in Wales who are using hydrogen to help decarbonise manufacturing cement. Unilever has teamed up with Progressive Energy to pilot a switch an onsite natural gas-fired boiler to hydrogen to produce consumer goods. Belfast company Wrightbus is currently developing hydrogen-powered buses and has received £8m from the government to do so. Brokers [Hank Zarihs Associates](http://www.hankzarihs.com) said lenders were keen to offer development and refurbishment finance to builders harnessing hydrogen energy for new building projects. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Developers asked to bid for funds to build discounted first homes](https://www.hankzarihs.com/developers-asked-to-bid-for-funds-to-build-discounted-first-homes/) **Published:** August 12, 2021 **Author:** Shiraz Khan **Content:** Housebuilders are being invited to [bid](https://www.gov.uk/government/news/flagship-first-time-buyers-scheme-now-open-for-bids-from-house-builders) for government funding to help deliver discounted first homes for locals and key workers across England. The government has earmarked £150m to support the roll-out of the scheme with a target of 1,500 new homes by March 2023. Housing Secretary Robert Jenrick said: “Homebuilders of all shapes and sizes will now be able to benefit from this scheme while helping first-time buyers and key workers onto the property ladder.” The scheme offers homes at a discount of at least 30 and up to 50 per cent of the market price. The discount will then be passed on when the property is sold to future first-time buyers. Successful bidders will gain finance to engage local people and mortgage lenders, understand the level of customer demand and learn about the process before going through planning. Homes England chair Peter Freeman said: “This is a great opportunity for housebuilders, housing associations and the wider development sector to get to grips with first homes.” **Builders are concerned councils could ask for hefty discounts** The National Federation of Builders, [NFB](https://www.builders.org.uk/news/), said it broadly supported the initiative as it would give a greater opportunity to deliver different types of housing. However, NFB housing and planning head Rico Wojtulewicz said the scheme was better suited to larger sites rather than smaller brownfield ones. He also expressed concern that local authorities could ask for unrealistic discounts well above the minimum 30 per cent which would be unviable for complex sites. Earlier attempts to offer discounted starter homes for first-time buyers under the age of 40 during David Cameron’s government failed with not a single new home built. However, the current government pointed to its successful pilot in Bolsover, Derbyshire, where the first home of 22 was completed and handed over to the district council in June. The social housing sector is unhappy that the government regard first homes as ‘affordable housing’ which they say will reduce funding for other tenures such as affordable and social rent. [Bridging loan](https://www.hankzarihs.com/fast-bridging-finance/) intermediary [Hank Zarihs Associates](http://www.hankzarihs.com) said property development finance lenders would be keen to offer finance to SMEs who participate in the scheme. More information on the invitation to tender is available on [Procontract](https://procontract.due-north.com/Advert?advertId=609323da-6ff4-eb11-810d-005056b64545). ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [London’s West End shops revive as footfall creeps up](https://www.hankzarihs.com/londons-west-end-shops-revive-as-footfall-creeps-up/) **Published:** August 11, 2021 **Author:** Shiraz Khan **Content:** Occupier confidence in the West End is beginning to return with some existing retailers moving to better locations or superior-configured stores, according to Savills [research](https://www.hankzarihs.com/londons-west-end-shops-revive-as-footfall-creeps-up/). Mobility across London reached its highest levels in the second quarter since the start of the pandemic. However, average weekly footfall is still 56 per cent lower than pre-Covid levels due to low overseas arrivals and continued homeworking. Savills commercial research director Marie Hickey said: “The vast majority of demand is currently generated by domestic day-trippers, and so locations offering a blended retail and leisure mix are witnessing higher footfall recovery. Oxford Circus and Bond Street, with their proximity to Soho and Mayfair respectively, have therefore experienced journey recovery outpacing the West End average.” Soho’s pedestrianisation has helped pick up in occupational demand with new openings including women’s fashion chain Hype and US sports retailer NBA Store with flagship stores on Foubert and Carnaby streets. British cosmetics brand War Paint for Men also opened their first men’s make-up store last month in Carnaby Street. Greater rental affordability has helped with central London average prime rates for zone A currently at 2012 levels. “As a result, we have seen deal activity across a number of large prime units in the West End,” said Ms Hickey. **Fashion giants secure prime spots** Mango has taken the former GAP store, next door to their previous store, on Oxford Street. The 15,000 sq ft space will be the UK debut of their new store concept and is set to open by this September. Superdry is relocating to a 28,000 sq ft store opposite Bond Street station on Oxford Street, with Uniqlo/Theory moving into their 57,000 sq ft former store on Regent Street. However, vacancies across prime West End properties have developed through the second quarter to just over 14 per cent compared with 9.5 per cent in the first quarter. Savills said government support packages should mitigate any further hikes in vacancies with the extension of the commercial eviction moratorium until March 2022. The property agent predicts the lifting of quarantine for fully vaccinated visitors from the US and some European countries should boost footfall and sales over the coming months. Brokers [Hank Zarihs Associates](http://www.hankzarihs.com) said development finance lenders were keen to offer [funds for the construction](https://www.hankzarihs.com/construction-loans/) of retail outlets close to good transport links and leisure facilities. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Former apprentice to head up the Construction Industry Training Board, CITB](https://www.hankzarihs.com/former-apprentice-to-head-up-the-construction-industry-training-board-citb/) **Published:** August 11, 2021 **Author:** Shiraz Khan **Content:** A former apprentice service engineer, Tim Balcon, will take over the reins of the [CITB](https://www.citb.co.uk/about-citb/news-events-and-blogs/citb-welcomes-former-apprentice-as-new-chief-executive/) from the beginning of next month. Mr Balcon started out from a mining town in South Yorkshire as an apprentice with British Gas in the early 1980s. “As a former apprentice I know how much having the right skills at a young age can transform your whole career and support your employer. “That’s why I’m so passionate about skills and am thrilled to be joining the team to help many more people join the construction sector and to have long and fulfilling careers within it,” he said. Mr Balcon will replace the current chief executive Sarah Beale who will leave at the end of September. The organisation had come in for criticism during her stewardship for failing to deliver value for money. The National Federation of Builders, [NFB](https://www.builders.org.uk/news/), claimed its members were paying almost twice in their annual levy to the CITB compared with what they received. It said the training organisation’s business plan for the coming year was just a £210m investment representing less than ten per cent of the £2.7bn provided in training across the industry. NFB chief executive Richard Beresford said: “The organisation must demonstrate value for all construction employers, especially for the SMEs across England, Scotland and Wales, and become an organisation fit for the future. Our members want to see CITB running efficiently, effectively and most importantly with accountability. It’s time for CITB to step up under his leadership and we look forward to working with him to deliver that.” **New chief executive urged to address skills shortage** The industry sees training as essential for developing the skills for new and traditional techniques and recruiting new talent to tackle the current skills shortage. CITB chair Peter Lauener said: “This is a crucial time for construction skills across Britain, and the Board is looking forward to working with him to drive forward our strategy to meet the skills needs of employers.” [Property bridging finance brokers Hank Zarihs Associates](https://www.hankzarihs.com/bridging-loan-broker/) said development finance lenders regarded training as critical for the industry to carry out energy improvements and build new net-zero carbon homes. Mr Balcon has had previous experience heading up professional and membership bodies and was chief executive of the Institute of Environmental Management and Assessment from 2013 to 2019. He was chief executive of the Energy and Utility Sector Skills Council where he created the National Skills Academy for Power from 2003 to 2012 and a member of the Ofqual board from 2010 to 2016. He was also chief executive of the membership body the Energy and Utility Skills from 2003 to 2012. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Southeast office take-up 22 per cent higher than five-year average](https://www.hankzarihs.com/southeast-office-take-up-22-per-cent-higher-than-five-year-average/) **Published:** August 10, 2021 **Author:** Shiraz Khan **Content:** Pent-up demand on hold in 2020 has returned with office take-up in the first half of this year nearly a quarter above the five-year average, according to Savills’ [data](https://www.savills.com/research_articles/255800/317098-0). Demand is outstripping supply with a development pipeline equal to five months take up in an average year said the property agent. Commercial research director Steven Lang said: “The resurgence in transactional activity in the greater London and the southeast office market has continued as we begin to emerge out the Covid-19 pandemic.” Take-up in the first quarter of this year totalled 1.87m sq ft combined with 775,000 sq ft transacted in the second quarter. Savills said there had been strong corporate activity in the market with six deals over 50,000 sq ft – the joint highest total at the half-year stage in the last ten years. The largest deal in the second quarter was ITV leasing 120,000 sq ft at the Broadcast Centre, White City. ITV is consolidating its London operations into one location in White City. Another big transaction was InterContinental Hotels Group acquiring 57,387 sq ft at Windsor 1, Windsor Dials. The building had been comprehensively refurbished by developer Canmoor and was let prior to practical completion. The public sector was the most active business category in the second quarter acquiring 141,000 sq ft; at the half-year stage, it accounted for 28 per cent of take-up. This was due to the Department for Work and Pensions expanding the Jobcentre Plus office footprint. Other notable sectors included life sciences, technology and professional services. **Top notch offices command record rental rates** “The flight to quality in the market has been evident, with 68 per cent of take-up recorded being of grade A quality, which is the highest proportion in the last three years. This is a trend we expect to continue as we emerge out of the pandemic. Grade A office buildings which can enhance the workplace experience and satisfy environmental, social and governance criteria have proved attractive to occupiers,” said Mr Lang. Savills had noticed occupier sentiment improving reflected in the number of requirements recorded. There have been 3.99m sq ft of requirements in the first half of this year – a 56 per cent year-on-year increase. Average grade A rents have increased by 16 per cent in the last five years. The rental growth has been driven by a combination of limited supply and new developments of unprecedented high-quality specification. Record high headline rents were achieved in Bromley, Windsor and Chelmsford in the second quarter. Brokers [Hank Zarihs Associates](http://www.hankzarihs.com/news/) said lenders were keen to offer construction loans and [refurbishment finance to developers](https://www.hankzarihs.com/refurbishment-finance/) of top-quality offices in key parts of the southeast. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [New modular factory to produce 5000 homes a year](https://www.hankzarihs.com/new-modular-factory-to-produce-5000-homes-a-year/) **Published:** August 7, 2021 **Author:** Shiraz Khan **Content:** A new steel frame modular housebuilder opened its first factory last week intending to build 5000 new homes a year within the next five years. CoreHaus’s 20,000 sq ft factor in Seaham, County Durham, is initially employing about 20 people but expects to grow to 100 once the firm reaches its optimum production volume. Managing director Scott Bibby said: “We already know there is interest and demand for our innovative product. The housing sector is screaming out for something that’s both affordable and incorporates high-quality design within a modular frame.” The factory will produce light gauge steel frame homes suitable for both urban and rural environments. A variety of different elevation treatments and a modular core that can configure two to three-bedroomed homes will be manufactured. Mr Bibby said the product differed from other modular designs because it was a combination of being part modular but with a standard engineered core. [Modern methods](https://www.hankzarihs.com/modern-method-of-auction/) of construction champion Mark Farmer, who spoke at the launch, said: “I get to open a lot of factories but this one feels very different to me. The product is very different to many modular homes; it’s a hybrid modular home with its pod and panel approach.” **First homes to be in the northeast** CoreHaus has agreed to provide its first homes to Homes by Carlton’s Thorpe Thewles site in County Durham and claims to have an order book of £6m. Mr Bibby said the firm was taking advantage of Homes England’s decision to ask strategic partners to deliver a quarter of their homes using modern methods of construction. Brokers [Hank Zarihs Associates](http://www.hankzarihs.com/news/) said lenders were keen to offer property development funding to SMEs keen to explore innovation in building techniques. CoreHaus is a partnership between public procurement platform Fusion21 and Carlton & Co, the parent company of Northeast housebuilder Homes by Carlton. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [High streets to suffer under new planning rules, claims study](https://www.hankzarihs.com/high-streets-to-suffer-under-new-planning-rules-claims-study/) **Published:** August 5, 2021 **Author:** Shiraz Khan **Content:** Allowing cafes, restaurants, day centres and gyms to be turned into housing could mean four out of five high street shops could be replaced by housing according to a new study out this week. University College London researchers looked at how extended permitted development rights, PDR, which came into force on the 1st of August, would affect Barnet, Crawley, Huntingdonshire, and Leicester. “We recognise the need for more homes and the desire to regenerate high streets. But we need new homes to be high quality and for town centres to be able to provide a mixture of services and amenity space,” said Fiona Howie chief executive of the Town and Country Planning Association, TCPA, which commissioned the report, Mapping Class E: *Understanding the Extension of Permitted Development*. The researchers found that in Barnet 89 per cent of shops and other [commercial buildings could be lost to residential conversion](https://www.hankzarihs.com/converting-commercial-property-to-residential/). In Leicester and Crawley this stood at 77 per cent and in Huntingdonshire 75 per cent. “In some neighbourhoods, entire high streets run the risk of being converted into housing. Clearly, anywhere near this reduction in commercial premises – whether shops, cafés, restaurants, gyms, nurseries, or day centres – would rip the heart out of our communities. And once shops have been converted into homes, they are extremely difficult to convert back,” said report authors Dr Ben Clifford, Dr Adam Dennett and Bin Chi. **Out of town shopping could be an unintended consequence** The report authors argue the loss of high street shops would lead to new shops popping up in car-dependent out-of-town locations. The National Federation of Builders, NFB, agreed that the new PDR rules could harm high streets. NFB head of housing and planning Rico Wojtulewicz said: “This is a consequence of disjointed policy thinking. Local authorities are not planning for growth as they don’t want to extend city limits.” He said the problem was particularly acute in London, the Southeast and Southwest unlike Manchester and the Northeast. “Maybe PDR should apply to local authorities who aren’t hitting their minimum housing targets,” said Mr Wojtulewicz. The report authors argue resulting conversions should be made through the planning system where local people and councillors would continue to have a say on the future of their high streets. They claim that planners would ensure new homes converted from shops and offices would be high quality and safe. They suggest jobs could be lost as more offices and industrial units are converted under the new rules undermining local economies and leaving people to make long commutes to work. Hertfordshire county council was so concerned about Waltham Cross office park being turned into housing that it bought the development for £14m recently. Lord Crisp, co-chair of the all-party parliamentary group on global health and former chief executive of the NHS in England, said: “We know the profound impacts that people’s homes and communities can have on their health, wellbeing, and life chances. We must see the changing high streets as an opportunity to develop housing that promotes physical and mental health and wellbeing – a real opportunity to build back better after the pandemic. It requires vision, creativity and a real commitment to quality.” Brokers Hank Zarihs Associates said lenders would be ready to offer [construction loans](https://www.hankzarihs.com/construction-loans/) and [refurbishment finance to developers building high-quality new homes](https://www.hankzarihs.com/refurbishment-finance/) that fitted well into the local area. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Commercial property shows signs of recovery this year](https://www.hankzarihs.com/commercial-property-shows-signs-of-recovery-this-year/) **Published:** August 3, 2021 **Author:** Shiraz Khan **Content:** More than half of respondents agree conditions are consistent with an upturn, according to the Royal Institution of Chartered Surveyors, RICS’ latest commercial property market [survey](https://www.rics.org/globalassets/rics-website/media/knowledge/research/market-surveys/uk-commercial-property-market-survey---q2-2021.pdf). In the second quarter, 56 per cent of survey participants predicted a recovery compared with 38 per cent of respondents from January to March. Chief economist Simon Rubinsohn said: “Demand trends appear much more stable in the office sector relative to recent quarters, while the industrial sector continues to see sharp growth in interest from both [occupiers](https://www.hankzarihs.com/owner-occupied-commercial-mortgage/) and investors.” A net balance of 16 per cent of the 506 survey participants reported a pick-up in occupier demand during the first three months of 2021 – the strongest aggregate demand since 2016. This was dominated by industrial demand at 63 per cent with retail and offices still reporting negative demand at 25 and 3 per cent respectively. Respondents continued to cite a sharp contraction in the availability of leasable industrial space, with the net balance slipping deeper into negative territory at minus 48 per cent. Prime office rents display marginally negative expectations for the year to come at minus one per cent with secondary office rents anticipated to fall by four per cent over the next year. Retail rents are envisaged to decline sharply, with expectations of a drop of 5.5 per cent for prime and 8 per cent for secondary. **Industrial rents forecast to rise** But prime industrial rents are anticipated to climb five per cent, while expectations are also firmly positive for secondary industrial rents at three per cent growth. “When viewed at the regional level, industrial rental growth expectations remain robust in all parts of the UK, with retail rents still projected to decline across the board,” said Mr Rubinsohn. “Interestingly, central London prime office market now displays stable rental growth expectations, marking a significant turnaround from the deeply negative assessment returned over recent quarters.” Survey respondents predicted a flat 12 months for prime offices in Scotland, the West Midlands, East Anglia and the Northeast. Secondary office rents are anticipated to decline further across all parts of the UK over the next year. A net balance of 15 per cent of contributors reported an increase in [property investment](https://www.hankzarihs.com/how-to-get-into-property-development/) inquiries led by the industrial sector at 64 per cent with offices and retail in negative territory. Capital values were predicted to rise for less mainstream sectors such as multifamily residential properties, data centres and aged care facilities. Student housing was also forecast to move out of negative capital value territory to neutral in the next year. Brokers Hank Zarihs Associates said lenders were keen to offer [construction loans](https://www.hankzarihs.com/construction-loans/) or [refurbishment finance for builders](https://www.hankzarihs.com/refurbishment-finance/) moving into alternative markets. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Double-digit growth forecast for construction for 2021](https://www.hankzarihs.com/double-digit-growth-forecast-for-construction-for-2021/) **Published:** July 29, 2021 **Author:** Shiraz Khan **Content:** Construction output is forecast to rise by 14 per cent in 2021 and 6.3 per cent next year, according to the Construction Products Association, CPA, summer forecast published this week. Private housebuilding and infrastructure are expected to be key drivers of construction growth in this year and next, although the outlook for the commercial sector remains subdued. CPA economics director Noble Francis said: “The key constraint to our forecasts remains the cost and availability of imported products and skilled labour. “The sharp recovery for both UK construction, and in places such as the US, has led to sharp cost increases and extended lead times for some key products such as paints and varnishes, timber, roofing materials, copper and steel. This is of concern particularly for SMEs, which account for 86 per cent of construction employment.” He said SMEs often purchase on the day at builders’ merchants unlike larger contractors and housebuilders can plan and buy in advance as they have a pipeline of work. “This makes SMEs subject to greater issues if supply is limited or costs have risen significantly, particularly for firms working on fixed-price contracts,” said Mr Francis. Major housebuilders continue to report demand in the housing market and house price inflation continues to be robust. The Nationwide Building Society’s index showed a year-on-year house price rise of 10.5 per cent in July with a month-on-month decrease of 0.5 per cent. **Housebuilding set to boom in coming months** The CPA forecasts housebuilding starts will rise by 21 per cent this year and a further 9 per cent in 2022 despite the tapering of stamp duty holiday and help-to-buy schemes. The outlook is particularly strong for houses outside major cities, owing to shifts in working patterns, and is likely to remain so for the next six to nine months according to housebuilders. Changes in the way people work due to the pandemic have positively impacted private housing repair, maintenance and improvements which has been the quickest sector to recover. Output in March this year was 19.3 per cent higher than pre-Covid times, according to the Office for National Statistics. Most SME contractors are reporting projects lined up for at least the next six months. Brokers [Hank Zarihs Associates](http://www.hankzarihs.com/) said development finance lenders were reporting increased demand for [construction loans](https://www.hankzarihs.com/construction-loans/) and fast [bridging loans](https://www.hankzarihs.com/fast-bridging-finance/) to accommodate healthy order books. Major projects such as the nuclear power station Hinkley Point C, the Thames Tideway tunnel and the HS2 rail project are central to strong output in the infrastructure sector. The CPA has revised down its infrastructure forecast for 2021 from 29 per cent to 23.4 per cent growth but has upwardly raised its forecast for 2022 from 5.9 to 9.7 per cent owing to further delays and cost overruns on major projects. Its Summer forecasts also report an increase in client hesitancy to sign off medium-sized projects leading to a slowdown in the near-term pipeline for the sector. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [New AI system predicts building energy rates in less than a second](https://www.hankzarihs.com/new-ai-system-predicts-building-energy-rates-in-less-than-a-second/) **Published:** July 28, 2021 **Author:** Shiraz Khan **Content:** Computer scientists have created an artificial intelligence system that can forecast building emission rates of non-domestic buildings. Loughborough University’s [Dr Georgina Cosma](https://www.lboro.ac.uk/departments/compsci/staff/academic-teaching/georgina-cosma/) and postgraduate student Kareem Ahmed have designed and trained an AI model to predict emission rate values with 27 inputs. Dr Cosma said: “It’s an important first step towards the use of machine learning tools for energy prediction in the UK and it shows how data can ‘improve current processes’ in the construction industry.” Current methods can take hours to days to produce emission rates and are generated by manually inputting hundreds of variables. The AI model was created with the support of engineering consultancy Cundall’s head of research and innovation, Edwin Wealend. It was trained using large-scale data from UK government energy performance assessments to generate an emission value in a split second. They created a ‘decision tree-based ensemble’ machine algorithm and validated it using 81,137 real data records for non-domestic buildings in England from 2010 to 2019. The data contained information such as building capacity, location, heating, cooling lighting, and activity. **Machine sheds insight on how buildings can be designed better** The team calculated the rates of shops, offices, factories, schools, restaurants, hospitals, and cultural institutions – some of the most inefficient buildings in the UK. They did this to get an insight into how energy performance could be improved and influence the design or renovation of a building. Emission rates are used to calculate a building’s energy performance certificate, EPC, and currently takes hours to calculate. Researchers claim the new algorithm will speed up the generation of EPCs and give insight into how [new buildings](https://www.hankzarihs.com/new-build-developer-loans/) can be designed and existing ones renovated to be more energy efficient. Dr Cosma pointed out that although commercial properties only make up eight per cent of all buildings they account for a fifth of the UK’s total CO2 emissions. Mr Wealend said: “We hope to build on the techniques developed in this project to predict real operational energy consumption. “By predicting the energy consumption and emissions of non-domestic buildings quickly and accurately, we can focus our energy on the more important task – reducing energy consumption and reaching net-zero.” [Bridging loan brokers](https://www.hankzarihs.com/fast-bridging-finance/) Hank Zarihs Associates said development finance lenders would be keen to offer [construction loans to SME builders](https://www.hankzarihs.com/construction-loans/) who embraced green design innovation. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Builders come together to create a future homes delivery hub](https://www.hankzarihs.com/builders-come-together-to-create-a-future-homes-delivery-hub/) **Published:** July 28, 2021 **Author:** Shiraz Khan **Content:** High-quality zero carbon ready homes using sustainable building methods are among the goals of an industry-wide delivery plan for the next 30 years. Housebuilders, suppliers, regulators, environmental groups and planners as part of the Future Homes task force have produced a roadmap for being net-zero by 2050. Home Builders Federation, HBF, executive chairman Stewart Baseley said: “Today’s major environmental challenges will be with us for the future and cannot be ignored. It’s imperative we show leadership and commitment to play our part in tackling them.” Immediate goals include creating low carbon, nature rich, resilient healthy, well-designed and beautiful homes by 2025. [Construction](https://www.hankzarihs.com/construction-loans/) methods that are on the way to being net-zero and sustainable by 2025 and 2030 and a halving of carbon used in business operations by 2030 also feature. Housing minister Robert Jenrick said: “It is right that the industry is stepping up to play a leadership role here: delivery and innovation to meet the challenges requires common purpose and partnerships that are being formed.” The government’s future homes standards mean new homes will move away from fossil fuel heating and be future-proofed with high levels of energy efficiency. Finance brokers [Hank Zarihs Associates](http://www.hankzarihs.com/) said lenders were keen to offer [instant bridging finance](https://www.hankzarihs.com/fast-bridging-finance/) to builders investing in making their developments green. **SMEs to get time and support to deliver goals** The delivery hub will have a particular focus on helping SMEs through advice and support to develop the people and processes to deliver on environmental goals. Northwest SME housebuilder Archway Homes said it was proud to have been involved with the process. Land and sustainability director Rachael Whelan said: “Archway Homes, having already taken the decision to build all our houses to energy performance certificate A rating, is very much committed to this agenda and taking our houses forward to the future homes standard for the benefit of our customers and future generations.” Southeast SME housebuilder Thakeham Group said the plan had aligned members and engaged stakeholders on the interim steps needed to make the transition to net-zero. Chief executive Rob Boughton said: “We have been able to share our zero-carbon placemaking principles with the wider HBF membership throughout the process, representing the art of the possible for each roadmap. “We look forward to continuing the drive, eliminating barriers to the successful implementation of a more sustainable future for our planet, and the people living in the communities we create.” The Royal Society for the Protection of Birds said housing had a critical role to play in responding to nature and climate emergencies, and in helping to meet many of the environment bill targets. Chief executive Beccy Speight said**: “**This delivery plan is an important starting point and the future [development](https://www.hankzarihs.com/development-exit-finance/) of robust mechanisms and the partnerships needed to secure effective implementation will be key to the delivery of that role.” The net-zero elements of the plan are reflected within a wider construction performance framework, announced last week under the Construction Leadership Council’s CO2nstructzero programme. However, land shortages and supply changes are currently a major hurdle for building new homes according to property agent Knight Frank. Its land index for the second quarter found 70 per cent of respondents saying land for development was either “limited” or “very limited”. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Proposed high-rise tax to hit new builds](https://www.hankzarihs.com/proposed-high-rise-tax-to-hit-new-builds/) **Published:** July 22, 2021 **Author:** Shiraz Khan **Content:** Up to 14,000 [new homes a year](https://www.hankzarihs.com/new-build-developer-loans/) could be affected by a building safety levy for blocks of flats seven storeys or higher, the government has admitted. However, it said in its consultation [document](https://www.gov.uk/government/consultations/the-building-safety-levy/consultation-on-the-building-safety-levy#process-and-timings) published yesterday this would probably only affect 200 developments which it claims is a small fraction of the annual housing supply. Affordable housing, refurbishments and hospitals have been excluded from the new proposed tax. The government admits if developers factor in the increased costs into what they are willing to pay for a new site then this could lead to fewer plots being viable for [development](https://www.hankzarihs.com/development-finance/). It’s anticipating the increased costs would be passed on to the buyer where the market can ‘sustain’ it. The levy will target developers seeking building control approval at the start of construction and it will also include conversion of office blocks to [residential schemes](https://www.hankzarihs.com/refurbishment-bridging-loan/). “This will recognise that government funding of removal of cladding helps to secure a continued market for the developments levied,” said the government. ## Costs for making high-rises safe colossal It’s estimated it will cost £15bn to make all of England’s residential blocks higher than 18 metres safe. So far, the government has offered just £3.5bn additional funding to remove combustible cladding on high rises. The government is keen to hear views on a payment schedule for SME developers to protect them from too much initial outlay and on how to calculate the levy. The charge could be per square metre of the entire internal floor area or a fee per residential unit. Finance brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said that lenders would be keen to offer [fast bridging finance](https://www.hankzarihs.com/fast-bridging-finance/) to SMEs who may need emergency funds to pay the levy. The consultation will last for 12 weeks from Wednesday 21st July to Friday 15th October. The levy is in addition to a tax on profits of more than £25m made by major housebuilders and developers to be brought in by the building safety bill which had its second reading in parliament yesterday. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** News --- ### [Bridging loans for downsizing](https://www.hankzarihs.com/bridging-loans-for-downsizing/) **Published:** October 14, 2021 **Author:** Shiraz Khan **Content:** ## Bridging loans for downsizing Many have described the ‘race for space’ following the pandemic, in which many people in the UK are now looking to move out of a home in busier areas and into more rural spaces, but that’s not the only new facet of the market as many are looking to downsize their home too, and are now looking for finance or a loan. The pandemic has put UK **property**, finance, and people’s living spaces in sharp focus after having to spend the majority of 2020 in their houses. Many are now prioritising their homes and living spaces and finance as a result and that’s meant that there’s a lot of our clients now looking to reduce limited space to save costs and release equity and finance in their properties. Downsizing a home in the UK presents similar problems to when people are trying to get on to the property ladder or trying to buy a bigger home with a mortgage, in that they’re often left at the mercy of a property chain, finance companies, or other buyers. In many circumstances, as we all know, property chains can break down leaving people further down to lose out, especially with finance or a mortgage. Bridging loans and finance offer an ideal solution to these issues in that they can offer clients a quick injection of cash to purchase the next home without the pressure of having to wait for the purchase of their previous property to go through, a **mortgage**, or finance to be agreed, and speeds up the process and adds value, meaning they don’t have to lose out. ## Bridging loans for property downsizing As we’ve mentioned, in many circumstances our clients face missing out on their next property due to being tied up in a property chain, in **finance**, or there can be other circumstances that mean a property sale is delayed such as the delay of a loan. A [downsizing bridging](https://www.hankzarihs.com/bridging-loans-for-downsizing/) loan can alleviate this pressure and offer protection by ensuring that they have sufficient capital to purchase their next home in the short term whilst they resolve their other finance arrangements. These *loans* and finance allow breathing space and for our clients in the UK to get things moving quicker than they otherwise would be able to with more traditional finance or a more traditional loan. ### What is property downsizing? In very simple terms property **downsizing in the UK** is usually moving to a smaller home than the one you currently own. Many people downsize when they retire or when their children leave *home* in order to release equity or finance in a larger property through their mortgage provider, or to reduce the costs of running a larger house or the cost of a larger mortgage. Downsizing and downsizing finance in the UK are fairly common and are essential to the housing market as other buyers seek to purchase larger properties either outright or through their own finance arrangements. ## Why choose Hank Zarihs Associates We’ve got years of experience in the finance and bridging market and have exceptionally good relationships with our panel of lenders meaning we’ve got access to not only exclusive deals, finance and rates, but also finance lenders that you may not have access to traditionally. For example, our panel includes foreign banks, private investors and pension funds, meaning that when we shop the finance market for you, we’re really shopping every avenue to find the right finance deal or bridging loan for you. Our team are friendly and helpful and willing to walk you through every step of the way. ## Bridging loan calculator To help give you an idea of what a bridging loan or private finance may cost you if you’re looking at a downsizing loan, we’ve included this handy calculator that will show you what you would typically pay. Simply put in the amount, your deposit and the length of the bridging loan, and we’ll tell you roughly what you’d expect to pay. ## Why choose a bridging loan? ![mortgage for uk property downsize](https://www.hankzarihs.com/wp-content/uploads/2021/10/mortgage_for_uk_property_downsize-300x200.jpg "- Bridging and Development Finance Solutions")As we’ve mentioned, bridging loans are one of our most popular products , and that’s for a variety of reasons. Often our clients will get in touch unsure about the best service for them when it comes to private borrowing in the short term, and after we explain the benefits of a bridging loan, the client is more than happy to take this option. Here are a few of the key benefits of a bridging loan service for you: ### Flexible Bridging loans are an extremely flexible form of finance meaning that you can take these loans our for as short (1 month) or as long (usually up to 2 years) as you need. Often the interest is charged monthly rather than as a flat fee, and this makes it much more affordable and easier to budget for. ### Affordable As opposed to other forms of finance, a bridging loan for downsizing your property can be much more affordable as it’s designed to be used for as little or as long as you need it. For example, if you were to re-mortgage or take out a second mortgage whilst in the process of downsizing your property this can prove much more expensive in the long run. Similarly, if you were to take an unsecured loan, because the interest rate is fixed and the term of the loan is also fixed, this can cost much more rather than looking at bridging loans. ### Quick One of the most attractive features of private bridging loans is that you can get access to capital and cash extremely quickly in comparison to other types of finance such as unsecured loans or mortgage products. Often when our clients are looking at downsizing, speed is of the essence, and in order to prevent a sale from collapsing they need access to funds within a matter of days. This is something we’re able to organise, and with the help and guidance of our specialists we can ensure that you have the quickest possible access to any loans. #### Downsizing bridging loan summary Downsizing your property is something that everybody, at some point, is likely to need to do. Unfortunately for buyers, the obstacles and potential risks of such a process remain the same whether you’re looking for a bigger or smaller property. That risk is that you’re likely to be part of a property chain and, as such, at the mercy of other buyers to varying degrees. These potential hold ups, delays and in some cases, collapses mean that in many cases clients risk losing out on getting their ideal property. What a bridging loan can offer in these circumstances is security in the knowledge that you can secure your next property before you’ve sold and completed on your old property. This means your mind can be set at ease knowing that you’re covered for all bases with this service. A bridging loan service is flexible, affordable and fast, meaning that if you get stuck, we’re here for you and able to arrange this type of finance within a matter of days or weeks, depending on your circumstances. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog --- ### [How To Finance a House Extension – What is The Best Method?](https://www.hankzarihs.com/how-to-finance-a-house-extension/) **Published:** November 1, 2021 **Author:** Shiraz Khan **Content:** Whether you’re a property investor or simply a residential homeowner, one of the quickest and easiest ways to add value to your property. Extension can be something of a broad or vague term, and could apply to extending your kitchen, for example, or to converting your loft into an extra floor. It could also mean building out into your garden or on to existing features on the property. As the property market is booming, we’ve noticed that we’re receiving more enquiries than ever about [how to finance a house extension](https://www.hankzarihs.com/how-to-finance-a-house-extension/), and so we’ve decided to put together a short guide to let you know what options you may have for funding this type of project. Ultimately, building a house extension is rarely cheap, especially if you want it done well. There are the caveats, of course, that you should always go through a reputable tradesman when looking to fund these types of projects and not try to do things on the cheap, as it’s often found that this can cost more in the long run and even reduce the value of your property. When an extension is done well, however, and is well researched and adds to the property, there are few things you can do that have such an immediate impact and are well worth the investment, even if the initial outlay can be pricey. Here are some ways to consider if you’re looking to finance a house extension. ## 5 Best way to pay for a house extension The best way for you to finance your extension will depend on your circumstances, the cost of the project, your experience and whether you’re a property investor or a residential property owner. We deal with clients in all of these situations and more, so we know that advice can be key, but here are five finance methods to consider. ## Re-mortgage your property ![Short term mortgages to finance extensions 600x450 1](https://www.hankzarihs.com/wp-content/uploads/2025/06/short_term_mortgages_to_finance_extensions-600x450-1-300x225.jpg "short_term_mortgages_to_finance_extensions-600x450 - Bridging and Development Finance Solutions")One option is to release equity that you have in your property over the period of time that you’ve owned it, or if your property has increased in value. It’s one of the most popular ways for clients to raise capital to fund these projects and can be particularly attractive if your property has increased in value over the course of your mortgage. A downside can be that it increases your monthly mortgage payments and so can stretch your household budget. That being said, mortgage rates are at an all-time low, and so if you can agree a low interest re-mortgage on a fixed rate either as a residential customer or a Buy-To-Let customer. The process for remortgaging will differ depending on whether you’re a residential customer or landlord and it may be a little more difficult if you’re a landlord, but it’s something we can help with. ## Take out an unsecured loan This is a similar option to using a credit card, and it carries similar risks and downsides. One significant difference, however, is that interest rates on unsecured loans tend to be much lower interest rates than using credit cards. Further to that, the interest and payments are fixed, meaning that you know what you’ll be paying each month when funding the **extension to your house**. The fact it’s unsecured is also attractive as, should the worst happen, and you’re not able to make the repayments the lender isn’t able to repossess your house, which isn’t the case with a re-mortgage. ## A second mortgage A second mortgage, or a ‘second charge’ mortgage is sometimes known as a secured loan too, and it essentially means that you’re raising financing to fund your extension against your property. Your main mortgage provider are the financial provider that have ‘first charge’ over your property, so if you fail to make the payments on your mortgage they have the right to the asset first, but second charge providers will lend you money on the understanding they then have second priority if the worst were to happen. These are a little more difficult to negotiate and the interest can be higher, but it can be a good solution if you’re looking to extend your house. ## Use your savings This may be something you’ve already considered if you’ve got enough in savings to cover the cost of the extension project, however, you may be reticent to part with so much money out of your savings rather than taking our financing. It’s true that paying cash out of your savings can feel like a risk, but don’t forget how much you’re saving in the long run by not paying interest on the capital you’re investing into the house. And that’s how it should ultimately be viewed – as an investment. By investing into your house, you’re then increasing the value and how easy it is to sell on the open market. ## Use a credit card This very much depends on your **credit** card limit and the interest you pay, but if you’re looking at funding a smaller scale **project** such as a kitchen extension and you have enough on your credit card to cover the amount, then it may be something worth considering. What we would say is that this will only suit in fairly specific circumstances. What to be cautious of is using up all your available credit as most creditors and credit reference agencies view credit utilisation of more than 50% as a bad sign that you’re not managing your credit well. Further to that, if your interest rate is high it could become very expensive and negate the benefits of increasing the property value. ## What if it’s property investment? As a property investor you can still raise finance for your property, it just be a slightly different process as a landlord or investor. As more of a business customer, financing providers will usually ask for a bit more detail about your plan, how long it will take and how much you think it will increase the value of the property by. They’ll also usually look to see what your ‘exit plan’ is, or how you aim to repay the loan, as well as some asking for a business plan to show that you know what you’re doing. Here are some popular options for property investors. ### Bridging loan A [residential bridging loan](https://www.hankzarihs.com/residential-bridging-loan/) is short term option for raising quick capital and is used for a variety of reasons in property development and refurbishment. ![Bridging facility can be used to finance house improvements 600x450 1](https://www.hankzarihs.com/wp-content/uploads/2021/11/bridging_facility_can_be_used_to_finance_house_improvements-600x450-1-300x225.jpg "bridging_facility_can_be_used_to_finance_house_improvements-600x450 - Bridging and Development Finance Solutions")If, for example, you’re looking to fund an extension on a house that you’ve just bought before re-mortgaging or selling, then a bridging loan is an excellent choice as it’s flexible and relatively straight forward to organise. If it’s a shorter term project that you can repay upon completion, then this makes good sense. ### Heavy refurbishment Many of our clients take out this type of **property finance** when they’re looking to fund the purchase of a bargain property that needs a lot of structural work doing to it or needs a lot of refurbishment. Again, it’s intended as a shorter term arrangement, and many of our clients use these types of property loans to refurbish a property before they then arrange a mortgage or sell the property on. Many **mortgage** providers won’t agree a Buy-To-Let mortgage or longer term lending if a property isn’t in a good state of repair, and these circumstances many of our clients approach us to arrange shorter term financial arrangements to complete the work. ### Second charge or second mortgage As described above, a second mortgage can be a great way to fund extensions if you’re looking to raise capital, but your main mortgage provider won’t consider a re-mortgage. A ‘[second charge’ mortgage](https://www.hankzarihs.com/second-charge-bridging-loans/) simply means that you’re using your property as security against the loan, but the provider gets second priority if the worst happens. Again, these can be tricky to arrange and there are some circumstances you may not be considered for, however, our team of brokers have decades of experience in the market and will be able to advise you of the best route and what you’re likely to qualify for. #### Speak to our team about how to finance a house extension Our team of brokers have years of experience dealing with extensions and funding them. They know our panel of lenders inside our and what you’ll need to be able to qualify for our range of products. They’re all friendly and available to field your questions, no matter what you want to know, so why not give them a call today to discuss what you’re looking for? ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog --- ### [How To Buy a Property at Auction – Complete Guide](https://www.hankzarihs.com/how-to-buy-a-property-at-auction/) **Published:** November 1, 2021 **Author:** Shiraz Khan **Content:** [Buying a property at auction in the UK](https://www.hankzarihs.com/how-to-buy-a-property-at-auction/) is one of the most popular ways to purchase a property at the moment, and for a variety of reasons, too. First and foremost is how well the UK property market is performing not just right now, but has performed over the past 15 years, with only 2 years having seen a drop in prices year-on-year, once in 2009 following the financial crash, and then in 2011. Apart from that, the market has seen prices rise year-on-year (in the case of 2021 by over 12%). UK property, in the scheme of things, represents a remarkably safe and stable investment. If we compare to, for example, high street savings then the interest earned is far superior, whilst stocks and shares can represent good value but are very volatile in comparison. In fact, recent research has shown that landlords are becoming younger and younger, with many landlords now in their 30’s and 40’s, in comparison to years gone by. Not just for investment, however, many residential property buyers choose to purchase at auction too, and the reason is that buyers can get much better deals at auction because, by its definition, the sellers are often looking for a quick sale and are willing to accept under the market rate for it. Buying at auction can sometimes feel intimidating if you’re unaware of the process, but once you’re aware of how things work it can be one of the best ways to buy. You need to be aware of process, and that properties are ‘bought as seen’, so you may also need to do some work too. Due to the popularity of auction properties we’ve put together a quick guide to give you the information you need if you’re considering buying at auction. ## Why buy a property at auction? ![Auction houses selling london homes 600x400 1](https://www.hankzarihs.com/wp-content/uploads/2021/11/auction_houses_selling_london_homes-600x400-1-300x200.jpg "auction_houses_selling_london_homes-600x400 - Bridging and Development Finance Solutions")The nature of property auctions is that these are properties that need to be sold quickly, for a variety of reasons, which means that there are some real bargains to be had. As far as an investment goes, auction properties represent fantastic potential, however, there may well be some work to be done in the meantime. Most people who shop for property at auctions do so in the knowledge that there will likely be some refurbishment work required, but that the cost of refurbishment vs what they can earn in increased value or rental income far exceeds the outlay for the work. Buying at auction is also quick and without a chain. One of the biggest delays that many property buyers experience is through property chains and their subsequent breakdown. Buying at auction eliminates this issue and means that contracts are signed and exchanged within a matter of days. This does, however, bring its own challenges as the buyer must complete the purchase and transfer the funds much quicker than they would do in a normal transaction, and it can prove difficult to arrange a mortgage on an auction property. ## Why are houses sold at auctions in the UK? For a variety of reasons. To give some examples, somebody may have inherited a property that they’re finding difficult to sell, and therefor are willing to place the property at auction to try and get a sale. Alternatively, a property may have fallen into disrepair and is similarly difficult to sell, meaning the owner is willing to take a lower price for it. Finally, when banks repossess houses, they don’t tend to put them on the open market and instead will auction them off to try and recover as much cash as possible, meaning they’re often willing to accept under the market rate too. ## What to do before the auction The first part of our guide here will be what you need to do before the auction. If you’ve got to the stage where you’re looking at **buying at auction**, then there’s a few steps you’ll need to take to prepare. ### Arrange auction finance As we’ve mentioned above, unless you have the cash at hand you’ll usually need to arrange finance before going to view properties or bidding on them, as once you’ve agreed to purchase a house at auction you have usually about 12 days to complete the sale and transfer the funds. Most mainstream lenders won’t provide mortgages for auction properties and if they do then it can prove extremely difficult to arrange the relevant paperwork in the timeframe required. With that in mind it makes sense to approach a [specialist auction finance](https://www.hankzarihs.com/auction-finance/) lender who can lend you the money to purchase the property in the short term before arranging longer term finance. Get in touch with a broker who can give you some quotes and let you know how much you qualify for before you go to auction, as this will allow you to set a budget. ### Make sure you are familiar with the house auction fees for buyers Different auction houses will have different fees and charges, and so it’s important that you check what they are before you attend an auction. Any agreed auction finance won’t cover these fees on top, and so you’ll need to be aware of these beforehand. If you’ve been advised you qualify for, say, £120,000 of finance from a broker, you need to do the maths to be able to include the fees and charges into that too. Most auction houses will have this information on the website, but if you’re unsure contact them directly. ### Do your research ![Man doing research before purchasing a property at a auction house](https://www.hankzarihs.com/wp-content/uploads/2021/11/man_doing_research_before_purchasing_a_property_at_a_auction_house-300x200.jpg "man_doing_research_before_purchasing_a_property_at_a_auction_house - Bridging and Development Finance Solutions")Research the auctioneers and types of properties that you’re looking at in the area you’re interested in beforehand. As we’ve mentioned above, different **auction houses** will have different methods, charges and fees. Furthermore, many will show on their websites or in their literature the types of prices that properties have sold for recently, and so this can give you a better idea of how much you may need to pay to acquire the type of house you’d like. ### Write down your questions and go on viewings Once you’ve researched the types of houses you’re interested in, it’s time to arrange viewings. Most auctioneers will allow viewings of the **property** beforehand, and it’s worth thinking about what questions you may want to ask. Such as why the property is up for auction, if there are any structural issues, and perhaps questions about the area such as public transport schools, and so on. ### Read the literature Most auctioneers will send out a prospectus of types that gives you the particulars of the homes that will be up for sale in a given week or session. It will provide important details such as the guide price and any significant issues with the property that you should be aware of. In some instances, you may need to request a separate legal pack that will give you an idea of any significant legal issues. This may be better done by a solicitor, so it may be worth finding one before you start the auction process so that they can advise you on anything significant you should know about. ### Be prepared to make quick decisions Whilst we encourage you to be cautious and ensure you’re making the right decision, often there are only a matter of weeks in between an auctioneer releasing their prospectus and the actual auction itself, so that can mean very quick turnarounds. The steps we’ve advised above all require your attention, but you should also be aware that it’s quite a quick process, and that’s one of the reasons that many investors are able to get themselves an excellent price on these properties. ## During the auction If you’ve followed all the relevant steps, your next move will be to attend one of the auctions itself, which is a different beast to preparing yourself by doing your research, so here are our top tips for if you’re attending property auctions. ### Be on time Punctuality will be key, as changes and key announcements may be made before the auction starts. For example, if the seller has changed, the guide price or any of the legal guidance then this will likely be announced before the actual actions start, so you would be well advised to arrive before the actual start time to ensure you don’t miss anything at the property auction. ### Guide price and reserve price This is a key difference that you need to understand. The guide price is roughly what the auctioneers think the **house** may be worth, whilst the reserve price is the minimum that the seller will accept. Some auctioneers will make the reserve price public, whilst others won’t. If you win the auction but the reserve price hasn’t been published, then the auctioneer will inform you if you have or haven’t met the reserve price afterwards. ### Talk loudly and clearly Some of these auctions may be extremely busy, and so you’ll be competing to be heard above other bidders, and so you should ensure that you’re talking loud enough for the auctioneer to hear you, and speaking clearly enough that they can hear what you’re bidding. If you talk too quietly or you don’t make yourself clear, then your bid may not be registered, and you may lose out. ### Once the gavel falls, you’re bound by T’s & C’s ![Make sure to read terms and conditions](https://www.hankzarihs.com/wp-content/uploads/2021/11/make_sure_to_read_terms_and_conditions-300x200.jpg "make_sure_to_read_terms_and_conditions - Bridging and Development Finance Solutions")If you win the auction then you should be aware that you’re then expected to pay your deposit immediately and complete your paperwork, and then are expected to complete the sale within usually around 12 days, although this can vary. If you’re not completely serious about the property you’re buying then you shouldn’t bid, as once you’re the winner of the auction you’re bound by the terms and conditions of that sale. ## How accurate are property guide prices at auctions? We’ve explained above the difference between guide price and reserve price, and you should be aware that, unlike residential sales, the guide price doesn’t indicate what the seller is looking for or is likely to accept, it’s simply the range at which the auctioneer feels the property may sell. At an auction, it’s typical that a house will sell for between above or below 10% of the guide price, however, this is in no way indicative of how an individual sale will go and the final selling price may go well above or well below, so the guide price is certainly useful in setting a budget and getting an idea of what certain types of auction properties may go for, but it’s not exact and it’s not always reliable. ## Do I need a solicitor to buy a house at auction? In most cases you’ll need to consult a solicitor, yes. That’s because all of the properties at an auction will come with a legal pack or a legal guide which will outline the specific legalities of each sale, and it’s always advisable to have these read by a professional. Most auctioneers will also ask that you have legal advice as part of your due diligence before you attend a sale as this also ties into their duty of care that they’re ensuring you know what you’re buying. ## Are auction properties worth it? That very much depends on what you’re looking for and how much risk you’re willing to take. Broadly speaking the majority of our clients that buy properties at auction are pleased with the results, but that’s not to say it doesn’t come with downsides. For all the viewings, legal packs and other due diligence you can do there’s always a risk that you’ll buy a house that doesn’t quite meet the grade and needs more work than you’d anticipated. If you’ve taken all the steps above and done your due diligence, this will reduce that risk significantly and so we can say that most of the time our clients are able to find excellent value at auction. ## Buying via modern method of auction [Modern method auctions](https://www.hankzarihs.com/modern-method-of-auction/) are different to traditional auctions in that they’re treated much more like a classic estate agent delivered residential sale. An estate agent will drum up interest in a property and then will be encouraged to submit bids online via the seller until a winner is declared. This is probably more like an eBay style auction where the price is almost certain to increase throughout the auction rather than be chipped away at. Once completed the buyer must pay a non-refundable deposit to secure the deposit and are thereby committed to the sale, which puts much more control in the hands of the seller. #### How to buy a property at auction summary Property auction is a very popular way for buyers to grab themselves a bargain by attending auctions that have sellers looking to make a quick sale. It’s completely different to the traditional method of buying a house and means that you’re competing with other buyers on a set day at a set time and trying to outbid them. Whilst there are inherent risks, if you ensure that you take all the necessary and sensible steps then it reduces the risk of buying a dud markedly. We’d advise that if you’re thinking of buying a house at auction that you firstly engage a solicitor, and secondly speak to a finance expert about securing the correct financial arrangements beforehand. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Auctions, Blog --- ### [New European fund to scale up timber construction](https://www.hankzarihs.com/new-european-fund-to-scale-up-timber-construction/) **Published:** October 29, 2021 **Author:** Shiraz Khan **Content:** A network of [pioneering developers](https://www.finance-monthly.com/2018/11/development-finance-is-the-biggest-hitch-for-building-boom/), designers, investors and insurers have launched a multi-million euro fund to scale up timber construction on the eve of COP26. Engineers Arup, modular housebuilder BoKlok, Lendlease and sustainable architects Bennetts Associates are among the backers of Built by Nature, set up by the Laudes Foundation. **Built by Nature chair Donald Brenninkmeijer said**: *“With building space expected to double globally before 2050, we must reimagine the way we build, from a carbon-intensive industry to one that helps remove more carbon from the atmosphere than it adds.* *“Accelerating the timber building transformation, in a way that works in unison with nature, is critical to address the built environment’s carbon footprint.”* *The fund offers grants of between* €50,000 to €250,000 for pioneering projects addressing barriers to building with timber. These could include innovations in timber buildings, feasibility tests for large-city scale projects new business models and data collection schemes. **UK building pilots engineered timber** A multi-storey *pre-warrantied* residential building showcasing engineered timber by UK architects Waugh Thistleton in collaboration with University College London fire engineers is one of the first projects to win funding. **Waugh Thistleton Architects founder and director Andrew Waugh said:** “*Construction needs radical change. The way we build now is directly responsible for millions of tons of carbon emissions.* *“We need to re-focus our efforts onto using bio-based building materials – ones that we don’t scrape from the surface of our planet.”* *The United Nations estimates the built environment accounts for 38 per cent of global greenhouse gas emissions. Built by Nature’s aim is to drive forward timber building to reduce embodied carbon and safely storing it in future buildings as well as forest stewardship and regeneration.* **Laudes Foundation built environment head James Drinkwater said: “***The timber building transformation is already happening, but too slowly if we are going to stay within our carbon budget. Of all the natural climate solutions already available, forests have the greatest potential.”* *Brokers* [Hank Zarihs Associates](https://www.hankzarihs.com/news/) *said development finance lenders were keen to offer construction loans to builders embracing new sustainable technology.* Built by Nature is calling for construction climate leaders and innovators across European markets to join its network. Part of its strategy is to embrace hybrid solutions working proactively with similar initiatives on low-carbon steel and cement. Current partners include the newly-launched Bauhaus de Erde, the Centre for Natural Material Innovation at Cambridge University, the Carbon Neutral Cities Alliance, Cities4Forests and Climate-KIC. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [MPs: Net-Zero Must Be Development Condition](https://www.hankzarihs.com/net-zero-for-new-developments-should-be-a-planning-approval-condition-argue-mps/) **Published:** November 1, 2021 **Author:** Shiraz Khan **Content:** Councils should have the power to call for net-zero emissions as an unconditional requirement for all new developments, MPs have argued. The cross-party housing, communities and local government select committee’s [report](https://committees.parliament.uk/publications/7690/documents/80183/default/) calls for net-zero to be given a central role in the national planning policy framework. Select committee chair Clive Betts said: “Local councils will have a critical role to play in efforts to achieve the 2050 ‘net-zero’ target, building public confidence in climate action, and ensuring a just transition. “From low carbon housing standards, energy efficiency and retrofitting [existing housing stock to planning](https://www.hankzarihs.com/converting-house-into-flats/), transport and active travel, local councils have influence over a wide range of areas for potential emissions reductions.” The committee said the government’s recent net-zero and heat and building strategies should have said more about how councils can use planning to shape communities to reduce carbon emissions. It recommends £500m to be invested in the planning system over the next four years. MPs are calling for the technical consultation on the future homes standard to be brought forward a year to 2022 to ensure the 2025 target is met. They also want the government to consider setting a further target of moving to zero carbon homes by 2030. Brokers [Hank Zarihs Associates](http://www.hankzarihs.com) said advance notice would help SME builders prepare for the changes and that development finance lenders would be able to offer loans to help them. **Electric boilers could be an alternative to heat pumps** The report calls for an explanation of where other low carbon alternatives to heat pumps will be sourced. It said the government’s forecast that 200,000 heat pumps a year are installed in new homes from 2028 falls short of the 300,000 new homes a year target. The National Federation of Builders said there were low-cost alternatives to heat pumps such as using solar panels in the summer and an electric boiler in the winter for hot water and heating. Mr Betts said: “Moving to lower or zero emissions from new homes is important. But to reach net-zero, it’s crucial that insulation is improved in existing homes and that householders are offered viable choices and incentives to replace their gas boilers and decarbonise their heating.” The report urges the government to consider tax incentives, such as [lower VAT](https://www.hankzarihs.com/vat-loans/), stamp duty and council tax, for energy-efficient measures and homes. “The government’s current approach, and lack of incentives to do otherwise, risks a large number of existing gas boilers simply being replaced with new gas boilers,” said Mr Betts. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Nine out of ten small builders’ projects are delayed due to material or skills shortages](https://www.hankzarihs.com/nine-out-of-ten-small-builders-projects-are-delayed-due-to-material-or-skills-shortages/) **Published:** October 27, 2021 **Author:** Shiraz Khan **Content:** An overwhelming majority, 89 per cent, of [local builders](https://www.hankzarihs.com/commercial-bridging-loans/) are reporting delays because of supply chain issues or difficulty recruiting staff, according to a survey of SMEs. And 60 per cent of respondents to the Federation of Master Builders, FMB, state of the trade survey for the third quarter, July to September, said they had halted projects due to lack of tradespeople. Nearly all survey participants, 97 per cent, said material prices had shot up during July to September and expected this to continue in the fourth quarter. More than three quarters said they would be passing the increased cost on to the consumer. **FMB Northern Ireland director Gavin McGuire said:** “The continuing pressures to find skilled tradespeople and crippling price increases have caused many contractors and clients added stress. We need to see a period of stability to help deliver the infrastructure and social value society demands. “The Department for the Economy’s skills strategy urgently needs to encourage apprenticeships in construction to develop a pipeline of key tradespeople.” **Joiners are still the most sought-after** Joiners and carpenters are still in short supply with 47 per cent of respondents saying they were hard to recruit, although this was six per cent lower than the previous quarter. Bricklayers are in strong demand with 45 per cent of builders struggling to hire them – two per cent down on the second quarter. General labourers are hard to find with 42 per cent of small builders saying they couldn’t get hold of any, six per cent up on the previous quarter. Plasterers were also increasingly difficult to hire with 37 per cent of builders struggling to recruit them, a rise of six per cent on the second quarter. Brokers [Hank Zarihs Associates](http://www.hankzarihs.com) said development finance lenders were there to help builders who needed extra finance with instant bridging finance to help with any project delays. The FMB estimates 500,000 more workers will be needed in construction to meet the country’s net-zero challenge. The Construction Products Association has revised construction growth for 2022 from 6.3 per cent down to 4.8 per cent due to supply chain constraints. Skill shortages, product availability, lack of lorry drivers, the impact of rising energy prices and delays at ports are expected to cause unprecedented challenges. Output in private housing, the largest construction sector, is forecast to rise by 17 per cent by the end of 2021 and 6 per cent in 2022, down from an earlier forecast of 8 per cent. This reflects concerns about the sustainability of double-digit house price growth, particularly in the light of rising inflation. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [£2bn for Homes: Mixed Views](https://www.hankzarihs.com/up-to-2bn-for-homes-on-brownfield-land-receives-mixed-reception/) **Published:** October 25, 2021 **Author:** Shiraz Khan **Content:** Nearly £2bn of public money to remediate 1070 hectares of derelict or unused land will help the nation build more new homes but it is not a complete solution warns the construction industry. The National Federation of Builders, NFB, said more land would be needed to create employment space and amenities for the 160,000 homes the government hopes would be created. Although the government has pledged to invest £9m towards 100 urban ‘pocket parks’ across the UK. NFB head of housing and planning policy Rico Wojtulewicz described it as a “sticking plaster solution”. “Embodied carbon is just one element to understand, for example, there is a need to consider whether we can retrofit cheaper energy solutions, such as district heating, as well as retain a building; sometimes it is not possible to do both.” The proposed funding which is expected to be announced in chancellor Rishi Sunak’s spending review on Wednesday is part of the government’s efforts to reach net-zero by 2050. The Federation of Master Builders, [FMB](https://www.fmb.org.uk/news-and-campaigns/press-releases.html), said nearly two-thirds of smaller developers quoted lack of available and viable land as a major constraint for building new homes. FMB chief executive Brian Berry said: “It’s important that more small sites are unlocked in all communities as [local builders often deliver fewer than 10 homes at a time](https://www.hankzarihs.com/development-finance-for-first-time-developers/), but to the highest quality and to local need.” **QR codes to open up planning** Rishi Sunak is expected to confirm £65m towards the digitisation of 175 local council’s planning systems. On Friday the government announced the names of 13 planning authorities who had won funding for piloting [digitisation](https://www.gov.uk/government/news/local-areas-to-trial-new-digital-initiatives-to-make-planning-process-more-accessible). The government hopes this will make the planning process more accessible to a wider cross-section of people who can scan QR codes to see 3-D interactive maps. Cambridge has won £100,000 to use technology to capture views on a scheme appearing in news articles, social media feeds and blog posts. Mr Wojtulewicz said: “Digital planning will illuminate the vast numbers of development opportunities within communities, such as on infill and small sites. A coherent land allocation strategy is the only way we can start solving the housing crisis.” The FMB said it was pleased its calls for more investment in the planning system had been answered. “Digitisation must make the system simpler and faster, and free up planners’ time to support the smallest firms navigate the often-complicated planning process,” said Mr Berry. Brokers [Hank Zarihs Associates](http://www.hankzarihs.com) said a quicker planning system was something both development finance lenders and SME builders were keen to see. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [How to get bridging loans for a London property](https://www.hankzarihs.com/bridging-loans-for-london-property/) **Published:** October 21, 2021 **Author:** Shiraz Khan **Content:** London is, always has been and is always likely to be the UK’s prime real estate market. With the highest price growth, fast rental growth and a growing population, the capital is one of the world’s premier cities. Not just in the UK, but across the world, people want to move to London and live within the city, and that’s never going to change. History is absolutely littered with false promises of some sort of housing collapse in the capital that never quite materialise. That’s not to say that London isn’t vulnerable to fluctuations in price and demand just like other cities all over the country and the world, however, London will always occupy a seat at the top table when we consider cities across the world where property is considered prime. Think New York, Los Angeles, San Francisco, Paris, Madrid, Sydney, and so on, these are the cities that London ranks amongst in popularity, quality and demand. With that in mind, many of our clients need access to finance for property and will settle for nothing less than some of the best property in the world in the capital. Just because London has prime property doesn’t mean that it doesn’t suffer from the same issues when it comes to time constraints, chains and other issues. That’s why we often find that our clients require fast access to funds through bridging, a bridging loan or fast finance. As a [London based bridging loan](https://www.hankzarihs.com/bridging-loans-for-london-property/) broker, we know exactly what our clients need when it comes to these kinds of property deals and so we’ve put together a guide for bridging finance when you’re looking for [property financing in **London**](https://www.hankzarihs.com/london/). ## What is a bridging loan and how does it work? In short, a bridging loan is simply a loan that bridges the gap. That can be largely applied to any number of short term situations that require a fast and flexible like of finance. In this instance, and most commonly, we find that our clients use [**bridging** **finance**](https://www.hankzarihs.com/) and [**bridging loans**](https://www.hankzarihs.com/bridging-loan-broker/) in property where they require quick access to capital to either purchase or renovate property before either selling it on or re-arranging longer term finance. Bridging finance is simply a stop gap loan that allows clients fast and easy access to capital. ## What you can use a bridging loan if you are a homeowner Broadly speaking, you can use bridging loans can be used for pretty much anything when it comes to improving, developing or moving house, and other things in between that too. As we’ve said, bridging loans are a multi-purpose loan that can be used for lots of things as long as you’re able to demonstrate how you intend to repay your bridging loan. Here are a few examples of what you can use bridging loans for as a homeowner. ### Use bridging finance to upsize If you’re looking to move to a bigger **property** then one of the biggest issues you may face is a property chain that’s not moving quick enough, or not having the capital available to complete on a deal when a good property opportunity comes by. With bridging finance, you can get access to capital quickly to allow you to complete on a purchase before you have the money available. ### Use bridging finance to downsize Similarly, you can face these types of issues if you’re [looking to move to a smaller property](https://www.hankzarihs.com/bridging-loans-for-downsizing/), as this is often part of a property chain too and things can get caught up in these scenarios. Again, bridging finance can help you by giving you access to fast cash that can help you to complete on your purchase earlier than if you were stuck in a chain. ### Buy your next investment from auction We offer auction finance for if you’re buying an investment property as well. Bridging finance is ideal in these circumstances as auctions often require you to pay a deposit to secure the property, before completing on the purchase often within a matter of days. This, most of the time, isn’t nearly enough time to arrange a **mortgage** or long term finance, and in some cases if the property needs work doing, most traditional lenders won’t offer finance until the work is complete, making a bridging loan an ideal alternative. ## Why should you use Hank Zarihs Associates as your UK bridging broker? If you’re considering taking out bridging finance for something as important as a property purchase, or buying a new family home, then you want the reassurance that you’re using somebody professional and reputable. As a company we’ve helped thousands of people over the years with bridging finance, bridging loans and other types of finance to help them with a range of needs. - We’ve spent years putting together a team of friendly professionals that can take you through every step of the process - We have a large and diverse panel of lenders, meaning that we’re able to find you the best rates on the market and get you access to lenders that you wouldn’t normally be able to find through the high street. - We understand that for our clients, time is of the essence, and we move as quickly as possible. With bridging loans, we can often have agreements in principle within 24 hours, and funds transferred within 7 days, depending on your circumstances. ## Bridging loan calculator Do you already have something in mind? Sometimes the first step is to find out how much it might cost to give you a better idea of what you may qualify for. We’ve included a [bridging loan calculator](https://www.hankzarihs.com/bridging-loan-calculator/) here so that you can play around with different amounts, different lengths of repayment and different interest. It’s designed to be illustrative, so if you’d like a more specific quote you’ll need to get in touch with a broker. ## How to pay back a bridging loan? Because bridging loans are short term, one of the most frequent questions we get asked by clients is how they’ll repay their loan. There are a number of ways you can look to repay a loan, certainly if it’s bridging finance for property. Here are the most common ways: ### Sale of property We’ve used a property chain as an example of where you may use a bridging loan in order to complete the sale quicker. In this scenario you’d be looking to pay the loan back with the sale of your previous property. Because you can’t be certain when the sale will go through, a bridging loan can be used flexibly until the sale is completed and you would pay **monthly** **interest**. Similarly, if you wanted to buy a property at auction and develop it and sell it on, this would be your ‘exit strategy’. ### Refinance Another example would be auction finance, or **development** **finance**, where you use a bridging loan temporarily to cover the cost of developing the property. The timelines can vary, but most mortgage providers won’t agree finance for property that’s not in a good state of repair. A bridging loan can be used to bridge that gap until you can arrange longer term financing such as a mortgage. ### Sale of other assets If you have other assets that could be used to raise funds, but the sale process is lengthy, then you can use this as security against a bridging loan before waiting for the sale to complete. For example, if you have classic cars, stocks and shares or gold, and you’re unable to liquidate your assets quickly, then you could use bridging finance in between. ## Check out some of our bridging loan examples To give you a better idea of the kind of lending scenarios we can help with, here are a few [examples of bridging loans](https://www.hankzarihs.com/bridging-loan-examples/) we’ve arranged. On High Street in Kensington W8 one of our clients required a bridging loan to convert 10 apartments. We were able to arrange a bridging loan of £9,500,000 with a rate of 6.9%. Our client used the funds to refurbish an existing property and split into 10 individual apartments before then arranging further long term finance and renting them out as a landlord. Our client in Hadley Wood EN4 came to us to arrange a bridging loan to convert two properties, two houses, before arranging longer term finance with a mortgage. The client took out a bridging loan for £3,672,500 at a rate of 4.2%. Our client found a bridging finance provider after speaking to one of our brokers and agreeing terms with one of our experienced panel of lenders. ### How quickly can I get a bridging loan? This will depend on your circumstances, the nature of the bridging finance and what your credit history is like. To give you an accurate timescale then you’d need to speak to a broker, however, as we’ve mentioned above we can usually get you an agreement in principle within 24 hours and we can usually have a final agreement signed within 7 to 10 days, but again this will depend on your circumstances. ### How much deposit do I need for a bridging loan? Ultimately, the bigger your deposit the better rates you’ll be offered, however, most lenders will lend to a maximum Loan To Value (LTV) of 75%, meaning you’ll usually need 25% as a deposit. There are some lenders that will lend higher than this, and in some circumstances even 100%, however, this would only be in specific circumstances. Again, our best advice is to pick up the phone and speak to a broker if you want more detailed advice. ### Can you take out bridging finance on a property that’s unmortgageable? Yes, you absolutely can, however, this would usually be on the understanding that the bridging finance would be used to bring the property up to scratch and able to qualify for a mortgage, as the exit strategy would be arranging longer term financing. This is quite a common use for bridging loans in property auctions. Alternatively, if you have other assets you can use as security, there may be lenders willing to offer you bridging loans or financing. ### Average cost of a bridging loan? This is hard to say, as it will very much depend on you as an individual and what you require your loan for. If it’s for property, this is a common use, and most clients will have somewhere in the region of a 25% deposit, and in this instance you’re likely to pay around 1% per month of the value of the loan. There are also arrangement fees and administration costs to consider, however, this can usually be figured into the total amount of the loan you require, and our experienced brokers can run you through all the costs and fees. #### Speak to our brokers regarding bridging loans in London If you’re interested in bridging finance for a property, or you’d like to explore options for a property that you’re considering, then get in touch with our team today who can give you the best advice on the market and walk you through the steps you’ll need to take. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog --- ### [Timber supply catches up with construction demand but prices soar](https://www.hankzarihs.com/timber-supply-catches-up-with-construction-demand-but-prices-soar/) **Published:** October 22, 2021 **Author:** Shiraz Khan **Content:** Timber imports from January to July increased by eight per cent on 2019’s figures to more than seven million cubic metres, according to the Timber Trade Federation’s, TTF, latest statement. The Federation said record-breaking volumes, nearly two million more than in 2020, reflected high demand from a resurgent private housing market and a strong repairs, maintenance and infrastructure sector. TTF technical and trade head Nick Boulton said: “It is highly likely the UK is at a point where there is sufficient volume of wood at UK ports and in the UK timber supply chain to satisfy construction demand. “We expect that over the coming months we will find there is greater stability within the UK market.” But he warned that lack of HGV drivers had affected figures for June and July with growth tailing off. **Lack of drivers proves threatens future supplies** “These shortages are of high concern to the timber supply chain as while there may now be enough timber in the UK to meet demand it does little good to anyone when there is no means to transport stock from ports to warehouses or customers.” Also, timber prices, and structural softwood, in particular, experienced rapid increases this year, a trend explored in an earlier [market statement in July](https://cti-timber.org/wp-content/uploads/2021/07/CTI-and-Swedish-Wood-Market-Statement-July-2021-210721.pdf). The latest TTF statistics show the average price of sawn and planed softwood in May, June and July increased by 55, 65 and 88 per cent respectively over their corresponding months in 2020. Brokers [Hank Zarihs Associates](http://www.hankzarihs.com) said lenders would be able to offer [instant bridging finance](https://www.hankzarihs.com/fast-bridging-finance/) to help with any cash flow issues developers may be experiencing due to steep price rises. Despite the challenges, Mr Boulton said he was confident demand for timber would grow as it was a low-energy material popular with climate-conscious architects, developers, engineers and planners. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Land shortages fuels soaring prices](https://www.hankzarihs.com/land-shortages-fuels-soaring-prices/) **Published:** October 22, 2021 **Author:** Shiraz Khan **Content:** Developers and builders are on the [verge of running out of land](https://www.hankzarihs.com/land-finance/), which is becoming pricier to buy, warns the National House Building Council, [NHBC](https://www.nhbc.co.uk/). The NHBC’s latest figures for the third quarter of 2021 showed new home registrations at 33,779 compared with 39,364 for the same quarter in 2019. Private sector registrations showed a 43 per cent increase on the same quarter in 2020 while rental registrations revealed a 32 per cent drop. NHBC commercial director David Campbell said new registrations were close to pre-pandemic figures despite the end of help-to-buy and the stamp duty holiday. But he warned that the availability of land was not keeping up with the construction industry’s desire to build new homes. “Developers are burning through their land supply fast. Most like to have a two-year forward supply. This is having an effect on land price inflation. Most developers want to avoid paying too much just in case things change,” he said. **Housebuilding boom in the North forecast** Mr Campbell said the government’s levelling up agenda and the watering down of the planning white paper meant the focus would shift to building more affordable homes in the north. The Northeast saw an 83 per cent year-on-year rise for the third quarter of 2021 in new homes registrations at 1,834. Yorkshire and Humberside saw a 63 per cent increase with 2,517 new registrations. The East Midlands more than doubled new registrations with a 103 per cent expansion at 4,810 compared with the South East’s six per cent rise to 4,319. Houses accounted for 87 per cent of new home registrations with flats dwindling to 13 per cent for the third quarter of 2021 – a 47 per cent year-on-year drop. The NHBC said the next two quarters’ figures would give a better gauge as to whether people were returning to major cities such as [London where flats feature more in developments](https://www.hankzarihs.com/converting-house-into-flats/). Completions for the third quarter showed a five per cent year-on-year decrease at 31,908 and a nine per cent drop on 2019 figures. The NHBC said this was the set of figures where it had become obvious that labour and materials shortages were an issue. “Foreign labour is not coming to the UK. This became apparent over Christmas 2019. There are elements of Brexit which could be attributed to this,” said Mr Campbell. He said the NHBC was focussing on fostering new talent and had launched more bricklaying workshops supporting 100 apprentices annually. The organisation has also re-opened its building inspector academy post-Covid with 16 students currently enrolled. About 1.5m homes are covered by an NHBC warranty accounting for around 75 per cent of all new homes. Brokers [Hank Zarihs Associates](http://www.hankzarihs.com) said development finance lenders were keen to offer finance to SME developers who were investing in training up staff. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Smaller builders cite land shortages as major new homes constraint](https://www.hankzarihs.com/smaller-builders-cite-land-shortages-as-major-new-homes-constraint/) **Published:** October 20, 2021 **Author:** Shiraz Khan **Content:** Nearly two-thirds of SME builders claim lack of available and viable [land is holding them back from constructing new homes](https://www.hankzarihs.com/land-finance/), according to research. The Federation of Master Builders’, FMB, latest annual [survey](https://www.fmb.org.uk/resource/house-builders-survey-2021.html) showed 63 per cent of respondents citing it as an issue and 71 per cent said the number of small site opportunities was decreasing. **FMB chief executive Brian Berry said:** “Demand for new homes is soaring, but the decline of the small housebuilder has hit the capacity, competitiveness and diversity of the house building industry, and is slowing down delivery. We will fail to deliver, sustainably, 300,000 homes a year unless we take action to reverse this trend.” Currently, only 12 per cent of new housing is delivered by small builders, compared with 40 per cent in the 1980s. The trade body would like to see more done to diversify the house building market away from just a few volume builders. “Builders can’t build if they don’t have the land. With 71 per cent of small builders reporting the number of small site opportunities is decreasing, and only 19 per cent feeling a high level of certainty over the outcome of planning applications, these constraints are proving stubborn to shift,” said Mr Berry. **Taxes need to be carefully gauged to make small sites viable** His organisation wants the government, councils and Homes England to ensure national compliance with planning guidance that ten per cent of housing should be on sites no larger than a hectare. It’s calling for the infrastructure levy proposed in last year’s planning white paper to be carefully calibrated so it doesn’t affect the viability of small sites. More than half of respondents, 57 per cent, said sites they were interested in were unprofitable due to section 106 contributions and the community infrastructure levy. Material shortages also featured as a major concern for smaller builders with 62 per cent quoting it as a problem. Shortage of skilled workers was also a worry with more than half of respondents citing it as a problem compared with only 43 per cent in 2018. Access to finance was less of a problem than in previous years with 29 per cent highlighting it as an issue compared with 41 per cent in 2020. The survey revealed an increased appetite among smaller specialist finance houses and challenger banks to lend to small scale developers. Brokers [Hank Zarihs Associates](http://www.hankzarihs.com) said development finance lenders were keen to finance smaller developments and could help advise on the economic viability of building on smaller plots. Nearly two thirds, 63 per cent, of respondents said a rise in the number of people accessing the self and custom build market would be good for business. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Bridging Loan uses – What can bridging loans be used for?](https://www.hankzarihs.com/bridging-loan-uses/) **Published:** October 18, 2021 **Author:** Shiraz Khan **Content:** Bridging loans are one of our most popular financing products for a good reason; they’re flexible, fast and can be used for almost anything. We’ve seen a spike in enquiries from our clients recently as we tend to find that most of the bridging finance we organise is for those involved with property development and investment, however, as the economy grows back to full strength we’re also seeing many more enquiries come through about what bridging finance can be used for. Ultimately, a bridging loan is incredibly flexible and has a large number of uses, so we’ve put together a useful **guide** to give you a better idea of [what bridging loans can be used for](https://www.hankzarihs.com/bridging-loan-uses/). ## What can bridging loans be used for? The term bridging loan is fairly literal in that it’s designed to be a bridge between to funding situations. They’re designed to be fairly short-term in nature, and usually are used as a stop gap between situations. For example, to pay for building work until a property is sold. Again, however, they’re applicable to a huge variety of situations, so we’ve listed some here. ### Breaking a property chain Probably one of the most common uses for a bridging loan, they can help to ‘bridge the gap’ between a **property** purchase and a property sale. In typical circumstances, clients tend to be involved in a property chain where the sale of their property may not be completed in time to complete the purchase of their next property, removing the risk that they’ll lose out on the sale all together. The loan is then repaid once the sale has completed and is taken for short term purposes. ### Refurbishment or development Again, following the theme of bridging, or short term, many property investors are able to get an excellent deal on a property that needs some refurbishment work. In many instances, a property in a state of disrepair won’t qualify for a mortgage and so developers will require capital in order to restore the property to a good standard in order to arrange longer term finance, and bridging loans offer that flexibility until the work has been completed. Once the work is completed and the developer either sells the property or arranges a mortgage, the capital is then used to repay the initial bridging loan. ### Auction finance Bridging finance works very well for our clients that buy properties at auction, as the auction process tends to happen quickly and, in many circumstances, it isn’t possible to arrange longer term finance during the purchase process. In this instance a bridging loan works perfectly to give the buyer the capital to complete the sale within the required timeframe before then paying any bridging finance off by either refurbishing the property and selling it or arranging a mortgage. ### Re-financing Many of our clients can run into unforeseen circumstances, especially in property and in business, and so there are many instances where clients simply need to re-arrange an existing credit facility. We’re usually able to extend loans, find cheaper deals or release further capital for our clients if they need us to, and we’re one of the most experienced on the market at arranging these types of facilities. ### Property conversions Property conversions tend to be, by their nature, fast paced and sometimes unpredictable and that means that many of our clients need to know that they have a flexible and reliable line of credit to be able to ensure that they can fund refurbishments and conversions with the unforeseen costs that such a project can bring. A bridging loan until the conversion is completed is more often than not the best solution to this type of problem. ## Bridging loan example If we were to take a property chain break bridging loan as an example, a client may be looking to sell their property for £150,000 and purchase the next property for £200,000 but are facing delays in the sale of the primary property. They have released £60,000 from the value of the first property as a deposit, meaning that the Loan to Value, or LTV, of the bridging loan is 70%, for a total of £140,000. They take the loan out for an initial 3 months, paying 1% per month across the three months before repaying the loan once their property is sold. They’ll have paid £4,200 in interest over the period. ### Cashflow continuity The nature of business is often unpredictable and if you’re in an industry that relies heavily on cashflow then it can be even more so. This is why many of our business clients rely on bridging loans in the short term if they experience a cashflow issue, using the finance to bridge the gap. Often our clients can demonstrate when they’re expecting to collect more income from outstanding invoices, and so will borrow in the short term until those invoices are cleared. ### Avoiding repossession Sometimes our clients experience issues which means that they aren’t able to keep to their commitments either with mortgages or other property finance and a repossession order is made. In this instance we’re able to arrange finance for our clients so that they can sell the property on their own terms rather than seeing it sold at an auction and potentially losing out. ### Tax and probate If you’re named in somebody’s will as a beneficiary of inheritance, it’s likely that you’ll be the subject of taxes and solicitors fees along the way, however, the process for actually receiving the funds can be complicated and lengthy, meaning that fees and costs may become payable before any funds have been received. In these instances, we’re able to arrange short term bridging loans to cover the time between the funds being available and costs being due. ## Bridging loan calculator To help you get a good idea of what a bridging loan may cost you, we’ve included a calculator that you can play with to see what you could qualify for. You can change the amount, the LTV, the interest and the length of time you’d take the loan for and see what you may be paying. ### Can I get a bridging loan for 6 months? In short, yes you can, bridging loans are very flexible and, depending on your circumstances, you will be able to get a bridging loan for six months. ## Advantages of using bridging loans As we’ve mentioned above, bridging loans are one of the most popular products that we arrange for our clients, so we’ve listed a few of the main reasons we hear as to why they’re so good. ### Flexible With terms from 1 month anywhere up to 24 months and beyond, bridging loans are extremely versatile and tend to be much more suitable than fixed finance for customers who are in industries where they need quick access to capital. ### Fast In many cases we can have agreements in principle for our clients the very same day, meaning that they’re then confident and able to get on with what they do best, in the knowledge that the capital has been secured for their project or business. ### Cheap In many cases where our clients arrange bridging loans rather than, say, mortgages or longer term finance, it actually works out cheaper for them to be able to use a bridging loan for the exact time they need it rather than extended periods where they may be charged for repaying the loan early. ### Alternatives to bridging loans As a highly experienced brokers, we know that bridging loans or a bridging loan may not be the right solution for you, and there are a number of options and other products that we can arrange if it turns out that bridging isn’t the right thing for you. #### Speak to our senior brokers about other bridging loan uses If you’d like to speak about bridging, or a bridging loan, in more detail, then get in touch with one of our senior brokers today who can talk you through the process, understand your situation, and shop the market for you. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog --- ### [London’s Low Carbon Projects Get Green Light](https://www.hankzarihs.com/low-carbon-london-projects-more-likely-to-get-the-green-light/) **Published:** October 18, 2021 **Author:** Shiraz Khan **Content:** The capital’s mayor Sadiq Khan has released new [guidance](https://www.london.gov.uk/press-releases/mayoral/mayor-prioritises-walking-cycling-and-urban-green) for [developers to ensure new buildings](https://www.hankzarihs.com/new-build-developer-loans/) are greener prioritising space for walkers, cyclists and public transport users. The guidance is part of Mr Khan’s plans to make London a zero-carbon city within the next ten years and offers practical advice on how to do it. He said: “I’m committed to delivering a brighter future for London – one that’s greener, fairer and more prosperous for everyone.” Mr Khan said it was vital London adapted to the impacts of a changing climate, including the increased risk of flooding and overheating. The guidance requires developers to monitor and report the operational energy performance of major developments for at least five years post-construction. The mayor sees this as a critical step in moving to net zero-carbon buildings. They must also calculate their urban greening score with initiatives such as green roofs, rain gardens and flower-rich gardens gaining higher points for being a big benefit for the natural environment. The guidance also offers advice for London councils in setting their targets which are particularly aimed at boroughs deficient of green spaces and features. **Making room for sustainable transport is key** Fostering sustainable transport for new developments also forms part of the guidance. The mayor wants to see space devoted to new walking routes and cycle networks. Enough room for public transport infrastructure such as bus garages, rail depots and tram stops is also required. The sustainable transport, walking and cycling London plan guidance offers developers and boroughs advice about how to achieve this when proposing new schemes and drawing up local plans. Brokers [Hank Zarihs Associates](http://www.hankzarihs.com) said development finance lenders were keen to fund proposed London projects with strong green credentials. The Greater London Authority, GLA, has halved its projected housing starts on its own land over the next two years due to construction market ‘turbulence’. Its latest housing delivery report projects 3,500 starts on land owned by its bodies in 2021-22 and 2022-23, down from the 7,311 forecast in its March report. Mr Khan has commissioned an independent review led by Lord Bob Kerslake to see how the GLA can improve and streamline housing development. The review’s final report is expected in early 2022. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Incentives to boost low-carbon heating alternatives face big hurdles](https://www.hankzarihs.com/low-carbon-heating-alternatives-face-big-hurdles/) **Published:** October 20, 2021 **Author:** Shiraz Khan **Content:** Plans to incentivise householders to install heat pumps as an alternative to gas boilers face a major hurdle due to price and lack of qualified installers. The government has announced [grants](https://www.gov.uk/government/news/plan-to-drive-down-the-cost-of-clean-heat) of up to £5,000 to help householders replace their old combi gas boilers with new low-carbon heating systems. Prime Minister Boris Johnson said: “Our new grants will help homeowners make the switch sooner, without costing them extra, so that going green is the better choice when their boiler needs an upgrade.” The government has said up to 240,000 new jobs could be generated as more people replace their old boilers with heat pumps and other low-carbon alternatives over the next 15 years. But the National Federation of Builders, NFB, has cast doubt over whether the government can achieve its target of all new heating to be electric heat pumps or hydrogen-ready boilers by 2035. It’s estimated there are about 3,000 to 4,000 qualified heat pump installers in the UK. NFB head of housing and policy Rico Wojtulewicz said: “There will be a lot of competition for existing heat pump engineers and products.” He said the problem would be particularly acute given the 2025 deadline banning the installation of gas-fired boilers in new housing developments. [Heat Pump Association](https://www.heatpumps.org.uk/) chair Phil Hurley said his organisation could train up to 40,000 installers a year at £500 for a four-day course. “We already have a skilled workforce of 20,000 plumbers and heat engineers. We need to get new entrants into the market and make it attractive and something young people will get excited about and want to do.” He said the government’s announcement would give the industry and installers a confidence boost in scaling up and re-training for a massive roll-out of heat pumps. ## Grants will help scale up the sector Mr Wojtulewicz agreed that although the grant was too low, it would help build capacity and reduce costs creating a pipeline of work for training more engineers. He said the £5000 grant didn’t cover the cost of installing heat pumps which typically are £7,000 to £10,000 compared with £1000 for a gas-fired boiler. The price tag for a heat pump for a three-bedroom house is around £3,500 compared with around £1100 for a boiler. The Federation of Master Builders, FMB, described the grants as a step in the right direction but added incentives were also needed to improve insulation. Heat pumps take longer to warm up a house and need to be on all the time making wall, roof and window insulation important for their success. FMB chief executive Brian Berry said: “Without a long-term national retrofit strategy, including a proper skills plan and communications campaign, regular consumers won’t know what action they need to take, nor feel it’s within their grasp; and industry won’t take the long-term investment decisions needed to be ready to deliver.” Ministers want to reduce the price of electricity over the next decade by shifting levies away from electricity to gas and will be consulting the energy sector with a decision expected next year. The £5,000 grants will be available from April next year under the £450m three-year boiler upgrade scheme which is part of a £3.9bn decarbonising [heat and buildings strategy](https://www.gov.uk/search/news-and-communications?). Brokers [Hank Zarihs Associates](http://www.hankzarihs.com) said lenders regarded the scheme as an important first step and that they were keen to offer development and refurbishment finance for builders doing green retrofits. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** News --- ### [Builders call for suspension of completion notices on delayed projects](https://www.hankzarihs.com/builders-call-for-suspension-of-completion-notices-on-delayed-projects/) **Published:** September 15, 2021 **Author:** Shiraz Khan **Content:** Housebuilders are pressing for councils to be more flexible on material changes and completion dates given the current supply chain crisis. The National Federation of Builders, NFB, wants the government to issue a ministerial statement requiring local authorities to be more accommodating. NFB chief executive Richard Beresford said: “The government cannot magic up building materials, but they can ensure the impact isn’t as great. Through keeping an eye on importation challenges, such as paperwork and port access and continuing to work on HGV driver solutions, material issues can be improved.” They want local authorities to be more adaptable about changing building materials if a particular product is in short supply. For example, if a developer can’t get hold of the original brick specified in the planning application, they want councils to avoid making a material amendment which triggers a 13-week decision-making process. The NFB also wants councils to hold back from serving completion notices which means the builder is liable for council tax on the delayed development. **Industry is calling for material solutions** [SMEs developers](https://www.hankzarihs.com/development-exit-finance/) are seeing shortages of bagged cement, bricks and tiles, those [building flats](https://www.hankzarihs.com/converting-house-into-flats/) are reliant on steel and concrete, which have seen steep price rises and supply constraints. The Mineral Products Association, [MPA](https://www.mineralproducts.org/News-CEO-Blog/2021/release28.aspx), which represents aggregates, [concrete](https://www.theconstructionindex.co.uk/search/concrete?utm_source=tci_news&utm_medium=auto_keyword_link), [cement](https://www.theconstructionindex.co.uk/search/cement?utm_source=tci_news&utm_medium=auto_keyword_link) and asphalt suppliers, is calling for a short-term relaxation of visa rules for foreign lorry drivers. MPA public affairs director Robert McIlveen said: “The deliveries that drivers make in our sector keep construction and other essential manufacturing industries going, and if not solved could come to a serious crunch point later this year.” The NFB wants the government to identify imported materials the industry is over reliant on and support British companies manufacturing products that can plug the gap such as cross-laminated timber. Finance brokers [Hank Zarihs Associates](http://www.hankzarihs.com) said lenders understood that developers faced delays due to material shortages and price hikes and were available to offer instant bridging finance. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Government to look at deterrents for demolishing buildings](https://www.hankzarihs.com/government-to-look-at-deterrents-for-demolishing-buildings/) **Published:** October 12, 2021 **Author:** Shiraz Khan **Content:** Developers should be encouraged to concentrate on refurbs rather than knocking down existing buildings in a bid to tackle ‘embodied carbon’. Experts are urging ministers to encourage [developers to explore refurbishments](https://www.hankzarihs.com/refurbishment-finance/) in favour of demolition as making steel, concrete and bricks for new buildings generate vast carbon emissions. Business minister Lord Callanan told delegates at a *Property Week* conference that the government would be looking at this issue in its forthcoming heat and building strategy. National Federation of Builders housing and planning policy head Rico Wojtulewicz said: “If we can reuse buildings, we should, and it will help improve our retrofitting knowledge too.” Chairman of the government’s advisory climate change committee, Lord Deben, told the BBC the government had been slow to accept this. “We need to think differently. It’s not acceptable to pull buildings down like this. We have to learn to make do and mend.” **Planning law change should happen** Lord Deben said there needed to be a planning law to stop giving permission for demolitions. Experts have said firms planning large scale developments should calculate the total impact on the climate before starting work – something that is already mandatory in several countries Engineering firm Arup has calculated about half of the whole-life emissions of a building could come from the carbon emitted during construction and demolition UK Green Building Council chief executive Julie Hirigoyen, told the BBC: “We really must come to grips with the issue of embodied carbon in buildings – we’ll never hit our climate targets unless we do. A spokesperson for the government’s business energy and industrial strategy department said: “We are committed to reducing emissions from the construction sector and have set up the construct zero programme to support the industry to achieve their climate commitments.” He wouldn’t be drawn on the details of the imminent heat and buildings strategy but said it would set out how existing homes can be decarbonised “in a way that is fair, practical and affordable.” The government said its support of the ‘transforming construction challenge’ was going some way to tackling emissions. The initiative is backing several projects aimed at improving supply chains and software for simultaneous cost and carbon modelling. Brokers [Hank Zarihs Associates](http://www.hankzarihs.com) said lenders were keen to offer refurbishment finance to builders transforming buildings to make them greener. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Waterfront regeneration prospect in Wolverhampton](https://www.hankzarihs.com/waterfront-regeneration-prospect-in-wolverhampton/) **Published:** September 29, 2021 **Author:** Shiraz Khan **Content:** A chance to build up to 1000 homes on 17.5 acres of freehold land hugging Wolverhampton, Wyrley and Essington canals is up for grabs. Canalside South is on the eastern edge of the city centre and is made up of the former Crane Foundry site and British Steel distribution centre on land off Qualcast Road. Wolverhampton city council deputy leader Stephen Simkins said: “There is a strong developer appetite to deliver a transformational project in this part of the city. Canalside South is a large and exciting opportunity.” Canalside Delivery Partnership with the Canal and River Trust wants to see the full development of the site with complementary retail, leisure and commercial facilities. The site is five minutes’ walk from Wolverhampton’s £150m new station with direct access to Birmingham, London and Manchester. [Commercial property](https://www.hankzarihs.com/converting-commercial-property-to-residential/) agent Avison Young is acting on behalf of Wolverhampton city council and the Canal and River Trust to find the right development partner. Head of city development at the council Liam Davis said: “This will be a [development](https://www.hankzarihs.com/development-finance-calculator/) created through a partnership where investment will benefit communities and business. An area alive with exciting opportunities and experiencing major transformation.” The scheme is believed to be one of the largest city-centre residential development opportunities on a site around the size of 30 football pitches. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com) said it was just the type of project that development finance lenders would be keen to support. Council-owned land at Horseley Fields has already been made ready for development with build-to-rent developer Placefirst starting work on the Union Mill site this year. Historic England has produced a report identifying 237 empty mills in Yorkshire which it claims could be repurposed to offer up to 9,000 homes. The report reveals there is also space for 15,400 homes on land surrounding the sites, and enough space in existing mills for almost 30,000 jobs if transformed into workspaces. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Central London office pre-lets surge due to pent-up demand](https://www.hankzarihs.com/central-london-office-pre-lets-surge-due-to-pent-up-demand/) **Published:** September 15, 2021 **Author:** Shiraz Khan **Content:** Completions in central London are expected to hit a three-year high, with 5.5m sq ft scheduled for delivery by the end of this year, according to Savills research. Pre-lets accounted for more than a fifth of space acquired since the first lockdown in March last year. The property agent said central London requirements stood at 10m sq ft – up 41 per cent on the same period last year. Nearly half of this space is made up of occupiers with lease events in 2023 or beyond which Savills said meant [occupiers](https://www.hankzarihs.com/owner-occupied-commercial-mortgage/) would continue to consider pipeline options. London commercial development director Oliver Fursdon said: “Whilst there is still much debate about the longer-term impact that hybrid models of working may have on office demand, almost half of the pre-lets that have been exchanged this year are at least two years ahead of their scheduled completion, illustrating the continued importance occupiers attach to the office.” Nearly 90 per cent of leasing activity over this period has been of grade A standard offices. Savills said development completions were expected to reach a three-year high by the end of the year with 5.5m sq ft scheduled for delivery by the end of the year. The West End is predicted to reach its highest level on record with 3.4m sq ft forecast to be completed. More than 40 per cent of this year’s deliveries have been let prior to completion. High-profile completions in 2021 include Battersea Power Station, 550,000 sq ft, 1 Portsoken Yard, E1, 233,000 sq ft and 2 Gresham Street EC2, 180,459 sq ft. In total, 17 per cent of the 31m sq ft of the extensive refurbishments and [new developments](https://www.hankzarihs.com/new-build-developer-loans/) scheduled for completion over the next five years have so far been pre-let. **Completions to soar over next few years** Peak levels of annual completions are expected over the next three years, with a record level of 7.4m sq ft currently scheduled for delivery in 2023, and a similar level anticipated for 2024. Savills said although new starts are expected to be down by just nine per cent over the five-year average this was a moderate decrease compared with previous downturns. It estimates around 6.3m sq ft of new developments, and extensive refurbishments will start by the end of this year – up five per cent on 2020, where development starts were down 17 per cent on 2019. Almost two-thirds of schemes starting this year are extensive refurbishments, the majority of which are set to complete by the end of 2022. The City fringe sub-market accounts for 29 per cent of this year’s new starts, followed by the City core with 24 per cent, and then by SE1 with 11 per cent. In total, 17 per cent of the 31m sq ft of the extensive refurbishments and new developments scheduled for completion over the next five years have so far been pre-let. More than 80 per cent of pre-let new starts had a Building Research Establishment’s Environmental Assessment Method, BREEAM, rating of very good or above. Over the next five years, ten per cent of schemes are aiming for outstanding with a further 26 per cent targeting excellent and three per cent very good. Over half of those targeting a rating of outstanding or excellent are in either the City core or City fringe; 17 per cent are in SE1 with the West End accounting for 30 per cent. Finance brokers [Hank Zarihs Associates](http://www.hankzarihs.com) said lenders were keen to offer development and refurbishment finance to builders creating sustainable offices. Savills said London districts with good public spaces such as squares and parks and planned infrastructure are likely to experience strong tenant demand. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Scientists Revamp Low Carbon Building Material](https://www.hankzarihs.com/scientists-upgrade-an-old-practice-to-offer-new-low-carbon-building-material/) **Published:** October 14, 2021 **Author:** Shiraz Khan **Content:** Plymouth University is piloting the use of an ancient building material called cob to construct a new generation of energy-efficient homes. They have started building a single storey 32-square-metre lab and classroom next to the university’s sustainability hub out of the material which is a mix of soil, water, straw and hemp. Principal investigator and professor of environmental building at the art, design and architecture school Steve Goodhew said: “We will create a living lab and demonstration site that will become the centre of attention for a wide range of people – from construction professionals to built environment students.” Contractor Chris Noakes and the university’s estates team are expected to complete the building in eight months. Researchers will monitor the performance of the new walling material using sensors to measure energy use, its life cycle and indoor air quality. The results will be shared with future building designers, contractors and interested stakeholders. **Research set to influence industry** The University’s Sustainable Earth Institute director Professor Will Blake said: “Students and visitors to the site will be able to engage with this potentially industry-influencing ongoing research project.” Interreg V France (Channel) England and the European Regional Development Fund have invested more than £3.5m in the second phase of the [CobBauge](https://youtu.be/KafpMaaZWG0) project where a full-sized building will also be constructed in France. The first phase developed a new method of using cob that reduced the need for heating and mitigated overheating during warmer weather. Researchers studied a range of different soil and fibre mixes creating a double-layered composite wall combining a denser mix with a lighter weight version for strength and insulation. Brokers [Hank Zarihs Associates](http://www.hankzarihs.com) said lenders were interested in the science of greener materials and were keen to offer [construction loans to developers](https://www.hankzarihs.com/construction-loans/) using low carbon emission products. Tokyo University researchers announced recently that they had developed a new form of [concrete](https://www.u-tokyo.ac.jp/focus/en/press/z0508_00190.html) that can reduce emissions from the construction industry. Calcium carbonate concrete is made from waste concrete and carbon dioxide from the air or industrial exhaust gases. It shows promise as a future construction material, especially in places where natural resources are limited. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [New system for bidding to build on public land goes live](https://www.hankzarihs.com/new-system-for-bidding-to-build-on-public-land-goes-live/) **Published:** September 8, 2021 **Author:** Shiraz Khan **Content:** A new [system](https://www.gov.uk/government/news/homes-england-revolutionises-procurement-process-with-launch-of-new-land-disposal-approach) making it easier for SMEs to gain a slice of Homes England’s £20bn worth of development opportunities is up and running. The government agency hopes it will be simpler for SMEs to come forward having replaced its panel of partners with a ‘dynamic purchasing system’ where new players can apply to join at any point. Under the old arrangement, the panel of partners was renewed every four years making it less flexible. Homes England chief land and development officer Stephen Kinsella said: “This marks a significant step forward in the way we work with [developers to build homes](https://www.hankzarihs.com/development-finance/). “We’ve also simplified the application process, so whether you’re a large, nationwide housebuilder, or a small local developer, it will be easier for you to access [land you want to build on](https://www.hankzarihs.com/land-finance/).” Initial applications opened earlier this year, with SMEs accounting for 24 out of the 66 which were chosen to be partners. Housing minister Christopher Pincher said: “We welcome this change which will support SMEs while providing more opportunities for homeownership to hard-working people across the country.” Homes England would like all housebuilders interested in working with the agency to monitor its newly updated land hub when they see a site of interest. **Housebuilders can define what sites they’d like to develop** The new system allows housebuilders to express interest in specific locations or [types of development](https://www.hankzarihs.com/types-of-development-finance/). It will also be available to other public sector landowners including local councils and registered providers enabling them to procure a housebuilder or contractor to build on their land. Homes England has several sites it is planning to issue expressions of interest for in the coming months. This includes a 14-acre site in Burgess Hill, part of the Northern Arc scheme, which will support around 350 homes, 30 per cent of which will be affordable homes. The site will be divided into two or three subplots, making it suited to SME developers. Another imminent site is in Cradley Heath, Dudley. Over the last couple of years, Homes England has cleared disused industrial buildings from the site, and it now has outline planning permission for 89 homes. Brokers [Hank Zarihs Associates](http://www.hankzarihs.com/) said making smaller plots more easily available for SMEs was a positive step and that lenders were keen to offer construction loans to help them fund developments. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Mortgages for expats returning to the UK – Is It Possible To Get a Mortgage If I’m an Expat?](https://www.hankzarihs.com/mortgages-for-expats-returning-to-the-uk/) **Published:** December 9, 2021 **Author:** Shiraz Khan **Content:** As the effects of Brexit are beginning to be felt more across the UK and Europe, it’s certainly true that we’re seeing more expats approach us about getting a mortgage upon their return to the UK. It’s become increasingly difficult in recent times to navigate visas, work rights, taxes and residency rights across the EU since the UK decided to leave the union. Whereas previously UK residents were allowed to reside as an expat in any EU country indefinitely, there is just a 3 month continuous period now allowed without obtaining a visa or a residency pass. This has meant that all across Europe, many an expat has decided that now is the time to return to the UK and, in many cases, after selling their property abroad are now looking for a mortgage in the UK, with an expat mortgage proving somewhat more difficult to get approved for. With that in mind we’ve created a short guide for any expat looking to return to the UK in search of a mortgage or mortgages. We’ve got the key features, differences, requirements and what to expect upon your return to the UK. ## Is it possible for an expat to get a mortgage returning to the UK? ![Mortgage brokers for expats returning to the uk](https://www.hankzarihs.com/wp-content/uploads/2021/12/mortgage_brokers_for_expats_returning_to_the_uk-300x200.jpg "mortgage_brokers_for_expats_returning_to_the_uk - Bridging and Development Finance Solutions")Yes, it is possible for an [expat returning to the UK to get a mortgage](https://www.hankzarihs.com/mortgages-for-expats-returning-to-the-uk) or mortgages, however, there are some things to be aware of that most *lenders* and UK mortgage providers will want to know before progressing your application. Because we work as a broker with a great relationship with a number of UK mortgage providers, we know what sort of criteria they’re working towards. Primarily you’ll need to provide an address history as well as a comprehensive breakdown of any income you are using to buy your property and any wealth you’re using too. Due to strict money laundering laws there may be a stricter requirement than you think, but our specialists can talk you through this. ## Typical criteria list for lenders Typical criteria that lenders will consider when you’re a British expat **returning** to the UK are: - If you’ve only just returned to the UK - If you’re currently Living outside the UK and haven’t returned yet - If you’ve only recently returned to the UK within the last 3-12 months - You could be accepted for up to 90% Loan To Value (LTV), subject to other criteria - If you’re retired and returning to the UK - If you’ve been self-employed in the UK you’ll likely need at least 1 years worth of accounts - If you’ve been self-employed outside the UK, however, this can prove very difficult - If you’re employed and returning to the UK - Whether you’ve got clean credit - You may be accepted with adverse **credit**, but this would need to be discussed ### Can I get a mortgage without 3 years of address history? Potentially, yes you can whether you have an address history in Britain or elsewhere. This would depend on other criteria such as whether you can prove your income, your employer or other details of any **expat mortgages** you may have had abroad. For a UK expat mortgage upon your return, it’s desirable to have 3 years worth of address history, but we may be able to help if not. ### How long do you have to live in the UK to get a mortgage? In an ideal world most mortgage providers would like you to have lived back in the UK for about 12 months, however, this isn’t written in stone. If you’ve just returned to the UK as UK expats then it will certainly be more difficult as the mortgage provider won’t have an address history to use to verify you, however, our experts have excellent relationships with our panel of mortgage lenders and they will be able to help further with this. ### UK mortgages for expats in Australia If you’re a UK expat returning from Australia this could help your application as some banks have branches and connections across Australia and New Zealand, for example. If you’re moving back then mortgages for expats returning from Australia can be difficult or straight forward depending on your address and employment history as well as the size of the deposit you’re able to put down. ## How to get a mortgage when relocating back to the UK For expats mortgages or an expat mortgage, your best advice would be to get in touch with a broker or an expert upon your return to discuss what sort of documentation you may need so that you can begin collecting this information. For a mortgage you’ll need as much information about your employment and address history from your previous country of residence as possible. Finance for these types of mortgages is always much easier when dealing with a broker or expert who can deal on your behalf as they can also shop around and find the best possible rates for you. ### Step 1 – Collect your paperwork First things first, ensure that you’ve collected paperwork that will allow you to prove your finance position, your credit history, as well as your address history and the source of any income. As an example, you may have been self employed whilst living abroad so you’ll need to ensure that you can prove how much you earned, where it came from and where it is now. Things like utility bills, residency passes or tax paperwork will be helpful too. ### Step 2 – Have a think about what you’re looking for Before you look to buy and look for finance or private credit, you need to have a think about what types of property you’re looking for and what you’re looking to buy. Are you looking for an auction property? Are you looking for a residential property? What sort of area are you looking at and how many bedrooms do you need, for example. These are all things you need to consider before you start your property search. ### Step 3 – Think about your deposit and your budget It’s important when you’re looking to buy and get a finance service to think about what your budget and deposit will be. This allows us when approaching our panel of lenders to be clear about what you’re looking to borrow in a loan or any bridging you might be looking to buy. The amount of your deposit is important because it dictates the Loan To Value, or LTV, of the loan and often the larger your deposit the smaller the interest rate is. If you’re not sure about what you can afford then you can always talk to one of our brokers or experts about how to plan your budget. ### Step 4 – Speak to a broker Once you’ve managed to make your way through the above steps the next move is to get the ball rolling on arranging a UK mortgage, **loan or bridging**. The smartest move is to get in touch with one of our brokers who can go through your options with you in order to let you know what you qualify for. Whether a mortgage, a bridging loan or other type of finance suits you best our experienced and friendly team will ensure you’re aware of all the available **finance** options before taking a decision. Once we’ve done that we can shop on your behalf with our panel of lenders, many of whom aren’t accessible via traditional means, meaning we can often get you exclusive rates and deals. ### Step 5 – Sign the paperwork and pick your property Once you’ve ticked all the other boxes for a mortgage we can then crack on with getting paperwork signed and the mortgage arranged with one of our lenders. Typically speaking we can make this part of the process relatively speedy and have it all completed within a couple of weeks. Feel free to take a look through our other case studies to get a better idea of the types of mortgages we typically arrange and how long they take. Case studies will also show what types of lenders we have on our panel and the types of mortgage providers we work with. ## Do I qualify for a mortgage as an expat that is returning back to the UK? As we’ve set out with our criteria above, this will depend on your circumstances, but as long as you’re able to provide your residency status, prove your identity, show your income and you have a deposit, then it’s likely we’ll be able to find a mortgage provider for your property. As with other case studies, it’s always possible for us to help you with almost any time of loan of finance and we help our clients will all sorts of property finance. ## 25% deposit In an ideal world for a mortgage or property finance or loan, we’d expect you to have at least a 25% deposit meaning a maximum Loan To Value or LTV of 75%. Most of our lenders won’t lend out more than this, but it may be possible with other types of bridging loan or finance to be able to get a mortgage approved. If you’re concerned or don’t have the full 25% deposit then get in touch today and we can walk you through case studies to see what we may be able to do. ### Employment status Whilst it is indeed more difficult to get a mortgage if you’re self-employed, it’s not impossible and we can talk you through what type of proof of income you’ll need to be able to get approved for mortgages. If you’re full time employed then all we’ll usually need is details of your employer, your income and how long you’ve worked there for. It’s seen as inherently more risky if you’ve been with your employer less than 12 months, however, this can be worked around in the right circumstances. #### Have a correspondence UK address It’s usually key that you have a UK correspondence address so that your loan or mortgage can be based in the UK to comply with money laundering laws and mortgages that are arranged to foreign residents are inherently more risky for the lender. If you’re unsure about this get in touch with a broker and they can give you more information. ### Can I get a UK mortgage with a foreign income? If you’re looking to get a mortgage or buy a property with a foreign income then it can make things difficult but if you’re able to prove the source of your income over a reliable period of time, or if you’re proving equity from a business, for example, then it makes things easier if you’re able to prove a reliable source of income over a longer period of time. If your income comes from a foreign source then get in touch and we can give more advice on this based on your circumstances. #### Speak to our senior lending managers regarding mortgages for expats returning to the UK Our team are experienced, friendly and ready to take your queries about mortgages so why not get in touch today and we can see if we can help you out with your application. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog --- ### [SMEs step up their role as green business champions](https://www.hankzarihs.com/smes-step-up-their-role-as-green-business-champions/) **Published:** December 9, 2021 **Author:** Shiraz Khan **Content:** A third of firms to join the Construction Leadership Council’s, CLC, latest round of net-zero [champions](https://www.constructionleadershipcouncil.co.uk/wp-content/uploads/2021/12/CLC-Press-Release-09-December-2021-Construct-Zero-Business-Champions-Round-6.pdf) are SMEs. These include Benfield Timber Buildings who supply timber frames for housebuilders, solar panel and battery supplier EvoEnergy and Zed pods which builds micro-homes above car parks. CLC co-chair Andy Mitchell said: “The power of the CLC comes from its ability to reflect and engage with the whole industry. CO2nstruct Zero has provided a standard for the whole industry to get behind.” The initiative enables organisations leading the way in carbon reduction to share good practice across the construction industry enabling the sector to measure its net-zero progress. Benfield Timber Buildings managing director Carl Benfield said: “Businesses have a huge part to play in making the changes themselves which can improve your business model.” He said his company was working on producing a carbon passport for its timber frames detailing the materials, what should happen at the end of life and carbon-offsetting. **The green drive picks up a head of steam** The Environment Agency has become the first client organisation to join the initiative along with PwC UK as a partner. Other champions include engineering consultancy AESG, regeneration developer Galliford Try, industrial builder Henry Brothers, software provider Kerridge Commercial Systems, [property developer](https://www.hankzarihs.com/how-to-get-into-property-development/) Osborne, multidisciplinary contractor VolkerWessels UK and thermal insulation manufacturer Xtratherm. Since forming in March 2021 CO2nstruct Zero now has 50 business champions committed to targeting reduction and sharing how they are achieving this with the wider sector. [Brokers Hank Zarihs Associates](https://www.hankzarihs.com/bridging-loan-broker/) said an SME builder’s green credentials were increasingly something development finance lenders were weighing up when looking at potential borrowers’ business plans. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [Homes at Risk: Sadiq Khan Warns TfL Funding Cut](https://www.hankzarihs.com/thousands-of-new-homes-are-at-risk-if-tfls-funding-is-pulled-warns-sadiq-khan/) **Published:** December 8, 2021 **Author:** Shiraz Khan **Content:** Major housebuilding projects in the capital are at risk if the government fails to put Transport for London, TfL, on sustainable footing within the next five days, claims Mayor Sadiq Khan. Mr Khan warned thousands of new homes might not be built if the government was unable to agree on TfL’s [short-term funding](https://www.hankzarihs.com/short-term-property-loans/) deal by the end of the week. “Failing to adequately fund TfL is a dereliction of the government’s duty to our capital city, the people of [London](https://www.hankzarihs.com/bridging-loans-for-london-property/) and the country as a whole. “We are in the middle of a housing crisis that cannot be solved if parts of the capital remain cut off from transport links or if vital schemes that improve access to town centres are not able to be delivered,” he said. Projects such as the Docklands Light Railway extension to Thamesmead and Beckton would be pulled jeopardising the 30,000 new homes planned for Beckton Riverside and Greenwich. Other initiatives which would have to be shelved include the £5m contribution to the redevelopment of Colindale tube station. The Mayor’s Office claims this would put at risk the 6,000 new homes planned for the north London suburb. In East London, Walthamstow tube’s planned second entrance would not happen jeopardising the redevelopment of the nearby shopping centre. **Future regeneration initiatives could be hampered** Mr Khan said TfL’s growth fund was designed to help finance sustainable transport infrastructure unlocking development and regeneration. “These schemes not only support new housing sites but also help anchor local regeneration and town centre renewal as well as avoiding car-dependent developments, which is vital to decarbonising the city.” He added that these initiatives were instrumental in attracting match funding from third parties. Brokers [Hank Zarihs As sociates](https://www.hankzarihs.com/) said infrastructure was a lynchpin when it came to getting planning permission and something development finance lenders took into account when deciding on loans. A Department for Transport, DoT, spokesperson said the Mayor had failed to identify new or increased income sources which was a condition for gaining emergency funding. She said the deadline for reaching a funding agreement had therefore been extended to the 8th December. The spokesperson added that TfL had already received £4bn of emergency funding since March 2020. TfL is one of London’s largest landowners with a 5,700-acre estate and has set up a [commercial property company](https://www.hankzarihs.com/commercial-mortgage-broker/) to raise the number of homes it delivers from 10,000 to 20,000. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [Scottish builders slam government for slow housing data](https://www.hankzarihs.com/scottish-builders-slam-government-for-slow-housing-data/) **Published:** December 9, 2021 **Author:** Shiraz Khan **Content:** Scottish housebuilders are pressing their government to produce housing statistics more quickly in the wake of the latest stats showing a 35 per cent fall in completion rates for 2020. They are frustrated it has taken the government nearly a year to produce data for 2020 revealing there were just 14,834 new homes completions for 2020 – 7,839 fewer than in 2019. Homes for Scotland’s chief executive Nicola Barclay said: “The numbers are, however, depressing – not only in terms of the scale of recovery that will be required to return to pre-Covid levels after all the positive progress of recent years but also in respect of the doubling of the time to publish this data, from six to 12 months.” The trade body has contacted finance and economy secretary, Kate Forbes, ahead of her budget later this week stressing the importance of timely data for effective policy decision-making. “It is only by regular, frequent monitoring of starts and completions that we can measure the success or otherwise of housing interventions,” said Ms Barclay. **Private housebuilders new starts down by 32 per cent** New starts for 2020 were down 27 per cent with 17,883 new homes – 6,680 less than in 2019 with private-led starts decreasing by 32 per cent. Ms Barclay said it was extremely difficult for her trade body members to contact local planning authority staff working from home. “Planning relies on collaboration and communication, and staff working from home must be available to execute their duties effectively. Our members are important delivery partners and customers of this service but their ability to progress is being hampered. “If this does not quickly improve, the housing statistics will continue to paint a bleak picture that does not reflect the actual need and demand for more homes that exists across Scotland”. Scottish [annual planning performance statistics](https://www.gov.scot/publications/planning-performance-statistics-2020-21-annual/documents/) for 2020-21 showed a 17-week increase in average decision times for major housing development to 54 weeks. This was a 40 per cent rise on the previous year and is more than three times the statutory requirement of 16 weeks. [Brokers Hank Zarihs Associates](https://www.hankzarihs.com/bridging-loan-broker/) said smaller housebuilders needed planning applications to be dealt with promptly to secure property [development funding](https://www.hankzarihs.com/development-finance/) and go ahead with projects. In contrast to England, the Scottish government lock downed all building, unless it was connected to the emergency services, from March to June in 2020. The National Federation of Builders said there was a risk [Scotland](https://www.hankzarihs.com/bridging-loans-scotland/) would have suffered a swathe of older skilled tradespeople leaving the construction industry due to the lockdown. An estimated 100,000 construction workers were believed to have left the sector during the 2008 recession. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Construction output in November reaches five-month high](https://www.hankzarihs.com/construction-output-in-november-reaches-five-month-high/) **Published:** December 7, 2021 **Author:** Shiraz Khan **Content:** Construction firms’ activity bounced back in November thanks to the UK economy reopening and a smoother supply chain, according to Purchasing Managers’ [Index](https://www.markiteconomics.com/Public/Home/PressRelease/58deb8a578974b91bb36c1e83284faab?s=1), PMI. The index was up at 55.5 for the month compared with 54.6 in October pointing to the strongest point of expansion since July and the tenth consecutive month above the 50 no change level. Chartered Institute of Procurement and Supply group director Duncan Brock said: “Commercial orders were the strongest, picking up the slack from the subdued housing and civil engineering sectors and demonstrating that business confidence in the UK economy was improving.” A steeper rise in [commercial construction](https://www.hankzarihs.com/construction-loans/) at 56.5 helped offset a slight slowdown in house building growth of 54.7 – down from 55.4. Civil engineering was the weakest performing area in November at 53.9, although the latest rise in activity was the largest since August. New business volumes’ solid increase helped boost construction output during November, with this index hitting a three-month high. **Supply chain issues ease** The portion of survey respondents citing longer delivery times fell to 47 per cent in November compared with a peak of 77 per cent in June. “Even with this glimmer of hope that the pressure on deliveries was easing, purchasing remained at a higher level to counteract disruptions from ongoing driver shortages and port delays as supply chain managers bought more than their immediate need,” said Mr Brock. November saw another steep rise in staffing numbers although, the overall speed of job creation eased to an eight-month low. Sub-contractor usage also increased at a slower pace in November with sub-contractor availability decreasing to its least marked extent since May. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said the easing in supply chain issues was good news for SMEs and that development finance lenders would be keen to offer loans to cope with inflationary pressures. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [More varied sites needed to hit 300,000 new homes target, warn developers](https://www.hankzarihs.com/more-sites-needed-to-hit-300000-new-homes-target-warn-developers/) **Published:** December 3, 2021 **Author:** Shiraz Khan **Content:** Urban extensions and more garden villages need to be granted if the government is to achieve its ambitions of building 300,000 new homes a year, according to a new report. [*Feeding the Pipeline*](https://www.lpdf.co.uk/wx-uploads/files/newsletters/Feeding%20the%20Pipeline%20Research.pdf) looks at the practices of the nation’s ten largest housebuilders and argues 59,200 extra homes a year need to be built to hit this target by the mid-2020s. Homes Builders Federation, [HBF](https://www.hbf.co.uk/), planning director Andrew Whitaker said: “Building enough homes to match demand requires sufficient sites to be allocated applications to be processed efficiently to the point where construction can start. “Far too many sites are stuck in the treacle of the planning process, delaying work starting, driving up costs and preventing desperately needed homes being delivered.” Office of National Statistics [figures](https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1035653/Housing_Supply_England_2020-21.pdf) published last week showed 216,490 new homes were built in 2020-21, down 11 per cent on 2019-20 reversing a seven-year trend of consecutive increases. Report authors Lichfields estimate an extra 1,385 implementable planning permissions on medium to large sites, 50 to 250 homes, a year would be needed. This translates into each local council granting between four to five additional and new medium sites a year. **Extended outlet pipelines key to increasing outbuilds** The report said the sites would need to vary and would not be evenly spread across the country due to green belt restrictions. It argues housebuilders’ average 3.3-year pipeline of outlets, sites granted planning permission, needs to be extended if faster buildouts are to be achieved. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said [development finance](https://www.hankzarihs.com/development-finance-for-first-time-developers/) lenders were keen to see a simpler and faster planning system to help smaller builders develop more sites. Housing secretary Michael Gove has said he’s currently reviewing controversial algorithms identifying where housing need is most acute. The system was unpopular with Conservative backbenchers because it forecast more homes were needed in the home counties. Mr Gove is revisiting the planning white paper published under his predecessor Robert Jenrick limiting local input on planning decisions. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [£11m redevelopment of 23 brownfield sites offers SME opportunities](https://www.hankzarihs.com/11m-redevelopment-of-23-brownfield-sites-offers-sme-opportunities/) **Published:** December 2, 2021 **Author:** Shiraz Khan **Content:** An extra £11m of public money to develop 23 brownfield sites across England is a chance for the government to support SMEs, the National Federation of Builders, NFB, has claimed. The trade body said it was important to know whether it was local authorities or Homes England delivering the latest tranche of the brownfield land release fund. NFB head of housing and policy Rico Wojtulewicz said: “If the contracts just go to the big companies, then what’s the point. The government should take this opportunity to support the broader housing industry and not just the plcs.” The government hopes the £11m extra [funding](https://www.gov.uk/government/news/new-homes-to-be-built-as-part-of-government-drive-to-develop-brownfield-land-and-regenerate-communities) will result in more than 6,800 new homes being built and will generate more than 21,000 new jobs. Housing minister Christopher Pincher said: “The investment we are announcing today will help people onto the property ladder, create jobs, deliver new infrastructure and provide a boost to local communities as we level up across the country.” **Former rubbish tip and cattle market to be transformed** Key projects include £2m for [converting a former waste tip on council-owned land in Hythe, Kent, to create 150 new homes](https://www.hankzarihs.com/converting-commercial-property-to-residential/), a leisure centre and parkland. Barrow borough council is to get £1.5m for improving roads, infrastructure and utilities for the Marina village at Barrow-in-Furness in Cumbria releasing land for 315 new homes. Chorley in Lancashire is to receive £1.1m to bring forward the proposed re-development of a council-owned site on Bengal Street to deliver a mixed-use scheme of housing, retail and leisure space. The funds will be used to knock down existing buildings and remediate ground contamination. A major redevelopment of a derelict former cattle market site at St Oswalds Park in Gloucester will be supported by the brownfield land release fund to deliver 180 new homes. The redevelopment is part of the regeneration across the city supported by the government, which includes £20m from the levelling up fund. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said smaller builders would be ideal for these types of projects and that development finance lenders would be keen to grant them construction loans. Housing secretary Michael Gove said yesterday he would support a private members bill to bring in new laws to allow ‘street votes’ where residents decide if they want more homes in their street. Conservative backbencher John Penrose’s bill is to have its second reading in parliament on Friday and is inspired by think tank the Policy Exchange’s Strong Suburbs paper. The think tank calculates if street votes happened then more than 110,000 extra homes a year would be created over the next 15 years. They estimate this would generate £34bn of construction activity annually. Under their proposals, a plan for densification would need to be put forward by at least 20 per cent of residents, or a minimum of ten homes. The plan would require at least 60 per cent of people in the neighbourhood to vote in favour for it to go ahead. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [Construction industry warns about rising product prices and supply delays](https://www.hankzarihs.com/construction-industry-warns-about-rising-product-prices-and-supply-delays/) **Published:** December 1, 2021 **Author:** Shiraz Khan **Content:** Lead times for brick supplies are forecast to increase this year with [house builders](https://www.hankzarihs.com/construction-loans/) advised to work closely with manufacturers to ensure delivery and mitigate delays. The Brick Development Association has said imports will help meet the current UK shortfall until new lines come on stream in 2023 and 2024. “While this may require flexibility around choice and specification, quantities should be sufficient to meet demand,” said the Association. The Construction Leadership Council’s product availability group, [PAG](https://www.constructionleadershipcouncil.co.uk/news/construction-product-availability-statement-8/), has flagged up rising prices of bricks, steel, cement, blocks, glass and ceramic tiles as a result of increased energy costs. **Repair and maintenance activity slows** It said although most SME builders had 2022 full order books for residential repairs, maintenance and improvement the sector had seen a slowdown due to increased costs and lead-in times. “This softening has, in fact, helped improve some stocks, such as cement, held by manufacturers and merchants,” said Construction Products chief executive Peter Caplehorn and Builders Merchants Federation chief executive John Newcomb in a joint PAG statement. Timber battens have now overtaken tiles as the most difficult product to obtain for roofing work. Electronic components made from steel such as cable trays and twin and earth cables are in short supply too. “Product pricing continues to be a challenge, particularly for medium-sized contractors working on tight fixed-price contracts,” said PAG. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said lenders could help SMEs facing delays with short-term bridging finance at competitive rates. PAG added that imports, particularly from the Far East, were being held up due to port delays and high container costs. It warned that while the shortage of lorry drivers had lessened this problem could re-emerge in the lead up to Christmas causing further pressure. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [Building industry lobbies Gove to revisit nutrient neutrality for rivers](https://www.hankzarihs.com/building-industry-lobbies-gove-to-revisit-nutrient-neutrality-for-rivers/) **Published:** November 29, 2021 **Author:** Shiraz Khan **Content:** About 40,000 new homes are being delayed mainly in Somerset, the Solent and Kent because developers are required to ensure rivers are nutrient neutral, claims the industry. The Construction Leadership Council, CLC, has [written](https://www.constructionleadershipcouncil.co.uk/wp-content/uploads/2021/11/Andy-Mitchell-Letter-to-SoS-Gove-25-November-2021.pdf) to housing secretary Michael Gove asking for him to come up with a long-term solution. CLC chair Andy Mitchell said: “This should recognise the negligible amounts of nutrient pollution arising from new housing and commercial projects and find effective means of reducing the significant nutrient pollution arising from other sources, including farming.” Mr Mitchell wants the government to encourage water companies to embark on a rapid programme of upgrading waste-water treatment works to filter out nutrients from [new developments](https://www.hankzarihs.com/development-finance-for-first-time-developers/). Based on the standard method for assessing housing need the delivery of 25,000 homes a year in the Somerset, Solent, Kent and north Herefordshire are in jeopardy. The environmental rules stem from a European Court of Justice ruling in 2018 on the habitat’s directive requiring limits on nutrients in rivers. **SME housebuilders’ future is at risk** The CLC has said small housebuilders are most affected by Natural England’s advice to 35 local councils that permission can’t be granted for developments unless they are nitrate and phosphate neutral. “The effect of any local moratoria means that all, or a large part of their development pipeline, is threatened, with a knock-on damage to the local construction supply chain. “The delays associated with the nutrients issue risk driving many SMEs out of business, so a more rapid and effective way needs to be found to remove this threat.” Herefordshire SME developer Border Oak estimated it has lost £2m over the last two years due to the planning moratoria. Border Oak director Merry Albright said: “We employ about 100 people directly and 300 as sub-contractors. We have bought various sites in Herefordshire where because of the ban on planning approvals we can’t develop.” Ms Albright claims in Herefordshire fertilisers and excrement generated from intensive farming is a far greater river polluter than housebuilding. The CLC would like Natural England’s guidance to weigh up the cost of small nutrient releases in the short-term against the wider public interest of housebuilding and other development. Brokers Hank Zarihs Associates said development finance lenders were keen to lend to SMEs and would like to see a fairer solution to the nitrates issue. The [finance brokerage](https://www.hankzarihs.com/) said the £150m help-to-build equity loan scheme launched last week showed the government wanted to help smaller builders. Under the initiative registered users of help-to-build can access an equity loan of 20 per cent of the value of the project up to £600,000 with this rising to 40 per cent for London schemes. Unlike help-to-buy, there is no stipulation that the borrowers must be first-time buyers. The government hopes the self and custom build sector could deliver 40,000 new homes a year, providing opportunities for small building firms and creating jobs. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [SME builders fight to get energy companies to pay for EV costs](https://www.hankzarihs.com/sme-builders-fight-to-get-energy-companies-to-pay-for-ev-costs/) **Published:** November 26, 2021 **Author:** Shiraz Khan **Content:** Electricity companies rather than developers should pay for sub-stations to provide enough load for electric vehicle chargers in new homes, argues the National Federation of Builders, NFB. The trade body was reacting to prime minister Boris Johnson’s announcement that all new homes and buildings will be required by law to have electric vehicle charging points from next year. [NFB](https://www.builders.org.uk/news/) chief executive Richard Beresford said members supported the green industry and the transition to electric vehicles but were critical about the method. “Due to how infrastructure investment works in practice, once again, the government is seeking to grow its political capital and advance big business, at the expense of the construction industry and taxpayer.” The trade body described Mr Johnson’s announcement on Monday at the Confederation of Business and Industry conference as a ‘stealth tax’ on construction. They claim that to gain planning permission they will be required to fund substations to supply electricity to developments. A substation can cost upwards of £50,000 which the NFB maintains is unfair as it’s the energy companies that will benefit in the long term. **National strategy on EV infrastructure needed** The NFB is calling for the government to standardize EV charging infrastructure and grid strategy as it’s worried the type of charger installed might not meet future needs. NFB head of housing and planning policy Rico Wojtulewicz said: “The government needs to think very carefully about how it achieves a green revolution. “Perhaps it is time to bring services into public ownership because the government is not proving able to regulate the sector in a way that doesn’t cost the taxpayer.” The new [regulations](https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1035711/consultation-response-electric-vehicle-charging-in-residential-and-non-residential-buildings.pdf) require new build and change of use developments with ten homes or more and ten car parking spaces to have an electric vehicle charger in each unit. New [commercial buildings](https://www.hankzarihs.com/commercial-mortgage-broker/) with at least ten car parking spaces must have a charger for one in five of the spaces. Commercial buildings undergoing a major renovation with at least ten parking spaces must have at least one charge point and cable routes for one in five of the spaces. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said it was a significant extra expense for SME housebuilders to factor in when applying for construction loans and would elevate final house sale prices. The government expects 145,000 new charge points to be installed a year due to the new legislation adding to the 250,000 chargers which already exist in homes and the workplace. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [Former police complaints investigator to head up New Homes Ombudsman Service](https://www.hankzarihs.com/former-police-complaints-investigator-to-head-up-new-homes-ombudsman-service/) **Published:** November 25, 2021 **Author:** Shiraz Khan **Content:** The new service to give redress for [homebuyers of new-builds](https://www.hankzarihs.com/new-build-developer-loans/) with snagging problems has moved a step closer to happening. The Dispute Service, which resolves government-authorised tenancy deposit protection scheme disagreements, has won the contract to develop and oversee the New Homes Ombudsman Service. New Homes Quality Board chair Natalie Elphicke MP said: “Consumers rightly expect new homes to be top quality – and to get great customer service too. “The ombudsman will be an independent customer guardian, making sure buyers get proper redress if they’ve been sold a shoddy home or suffer from poor customer service.” Lawyer and former police complaints senior investigator Alison MacDougall will be the new homes ombudsman. Ms MacDougall will enforce the new homes quality code, due for publication next month, which puts the onus on developers to offer aftercare for building faults. Dispute Service chair Professor Martin Partington said: “We are a not-for-profit company which has its roots in dealing with tenancy deposit disputes and in the last 14 years we have completed over 160,000 adjudications.” **Homebuyers can complain for up to two years after purchase** He said the organisation had developed digital solutions making it easy for users to upload supporting evidence on an online complaints platform making it accessible to all parties to see. “We have also worked hard to increase the number of complaints we resolve through our mediation and conciliation work, leading to speedier outcomes for consumers,” he added. The new service will go live early next year and has been set up to fill gaps in current protections and will cover every aspect of a new home purchase from sales through to two years after buying. It will help buyers unhappy with their developer’s compliant handling by independently considering their case and ruling if there has been a code breach. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com) said development finance lenders were keen to support an initiative designed to drive up quality standards especially among the larger housebuilders. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [Developers and lenders collaborate to offer home buyers 95 per cent LTV](https://www.hankzarihs.com/developers-and-lenders-collaborate-to-offer-home-buyers-95-per-cent-ltv/) **Published:** November 25, 2021 **Author:** Shiraz Khan **Content:** New build home buyers will be able to purchase property with a five per cent deposit through a new scheme launched this week. Barratt Developments, Bellway, Keepmoat and Vistry are among the 17 builders across England, Wales and Scotland who have signed up to ‘deposit unlock’. The UK’s second largest lender Nationwide and Newcastle Building Society are involved with more lenders expected to join early next year. Homes for Scotland chief executive Nicola Barclay said: “The industry has worked hard to develop a sustainable solution that will help more prospective buyers onto the housing ladder and so enable builders to deliver more much-needed homes of all tenures.” The scheme plugs a [lending gap in Scotland](https://www.hankzarihs.com/bridging-loans-scotland/) as the first home fund offering equity to first-time buyers of up to £25,000 to purchase a home closed last year with the help to buy initiative closing next March. **Insurance for snagging also offered** The Home Builders Federation and Homes for Scotland developed the scheme with the help of larger members which is being run by Gallagher Re. The initiative also includes mortgage indemnity where the developer deposits cash to cover the cost of any potential property defaults. Nationwide Building Society new build head Andy Dean said: “Raising a deposit continues to remain one of the biggest challenges facing those looking to move into their first home or on to their next. That is why we are pleased to be supporting deposit unlock and it’s great to see that it is now being rolled out nationally, providing a real boost to the new build sector.” Newcastle Building Society piloted the scheme in the northeast in June for new-build homes up to a value of £330,000 offering a two-year fixed rate at 3.5 per cent. It is seeing the first few completions going through now. Newcastle Building Society chief customer officer Stuart Miller said: “Deposit unlock is a true innovation and great example of collaboration across the industry to help more people achieve the dream of home ownership.” Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance lenders were keen on a scheme that helped new builds sales. The finance brokerage said it hoped the initiative would grow to include smaller housebuilders too. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [Over 150,000 new homes could be stalled due to a lack of product testing capacity](https://www.hankzarihs.com/over-150000-new-homes-could-be-stalled-due-to-lack-of-product-testing-capacity/) **Published:** November 23, 2021 **Author:** Shiraz Khan **Content:** The building industry is proposing sub-contracting of testing and the temporary use of existing certificates for products to ease pressure on the UK’s imminent post-Brexit certification system. The chair of the Construction Leadership Council, CLC, Andy Mitchell has written an open [letter](https://www.constructionleadershipcouncil.co.uk/wp-content/uploads/2021/11/CLC-Letter-to-SoS-Gove-and-Kwarteng-re-CA-Marking-16-November-2021.pdf) to the business secretary Kwasi Kwarteng highlighting the lack of testing capacity and need for action. “A number of market failures have contributed to this situation including the relatively small scale of the UK [construction](https://www.ukpropertyfinance.co.uk/development-finance/types/construction-loans/) products testing market, disruption to the UK construction products sector following Covid-19 and a very short transition period that does not permit time for investment in new facilities ahead of the end of the transition,” said Mr Mitchell. The UK system is to go live in January 2023 but the CLC warns this is insufficient time and will lead to delays in certifying radiators, glass, passive fire protection, glues and sealants. It is calling for rapid expansion of testing facilities, greater recruitment and staff training to enable the system to cope. **Radiator shortage could stop housebuilding in its tracks** “The inability to certify radiators in the UK, for instance, could delay the construction of over 150,000 homes in a single year and will also delay the switch to low carbon heating,” he said. The CLC is warning the issue is likely to affect building safety and the government’s net-zero ambitions as well as housebuilding. It is proposing the government asks the European Commission for permission to use existing European technical assessment guidance to support the transition to the UK system. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance lenders would be keen to see the problem resolved particularly as SME housebuilders were likely to be harmed most by product delays. LinkedIn Question: How long do you think it will take for the UK to have trained sufficient staff and expanded their testing capacity for the UK certification system to function efficiently? ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [Joint venture partner needed for £300m southeast London scheme](https://www.hankzarihs.com/joint-venture-partner-needed-for-300m-southeast-london-scheme/) **Published:** November 19, 2021 **Author:** Shiraz Khan **Content:** London’s oldest and largest housing association Peabody is looking for a private sector development partner to finance and help build 730 homes as part of the regeneration of [South Thamesmead](https://www.thamesmeadnow.org.uk/the-plan/). Peabody wants to establish a 50:50 [joint venture](https://www.hankzarihs.com/joint-venture-property-finance/) to build phases two and three of the 3.1ha site at Harrow Manorway near Abbey Wood which will be connected to the new Elizabeth cross rail line. Head of external affairs at Peabody Benjamin Blades said: “We’re already planning future phases of South Thamesmead which will have the same focus on quality, people, and placemaking. We look forward to working with a partner who shares our ambition to put quality and community at the heart of what we do.” Phase two has outline planning consent for up to 329 homes and up to 1,050 sq ft of commercial floorspace. Phase three is estimated to have space for about 400 homes but is part of a separate outline application currently being determined by Bexley council. The private sector partner would offer finance, development management and sales and marketing services and may also provide construction services. Bexley council leader Teresa O’Neill said: “The mixture of new homes, businesses, and amenities will change lives and make a huge difference to the community. It is a great example of the kind of growth we want in the borough.” **Nearly half the new homes will be affordable** Hertfordshire developer [Durkan](https://www.durkan.co.uk/durkan-lands-major-contract-on-thamesmead-regeneration-programme/) has already completed a third of the 404 flats on the edge of Southmere Lake with the flats currently on the market for sale. This phase already has a new library, community centre, public square, commercial space with nearby podium gardens and children’s play areas. The Abbey Wood and South Thamesmead housing zone is set to deliver more than 1,600 homes across four sites with 45 per cent dedicated to affordable housing. [Bridging finance brokers Hank Zarihs Associates](https://www.hankzarihs.com/bridging-loan-broker/) said development finance lenders would be keen to support the initiative given its location and the future Docklands light railway extension to Thamesmead. Thamesmead is the same size as central London measuring around 760 hectares, with Peabody owning about 65 per cent of the land and has a population of 45,000. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [UK House Prices Surge 12%](https://www.hankzarihs.com/uk-house-prices-in-september-show-12-per-cent-year-on-year-rise/) **Published:** November 18, 2021 **Author:** Shiraz Khan **Content:** The average house price in the UK reached a record high of £270,000 – £28,000 higher than this time last year, reveal Office of National Statistics [data](https://www.gov.uk/government/statistics/uk-house-price-index-summary-september-2021/uk-house-price-index-summary-september-2021). The sharp rise is being attributed to the rush to complete sales before the stamp duty holiday stops for properties worth less than £500,000. Hargreaves Lansdown senior personal finance analyst Sarah Coles said: “It was the busiest September for house sales on record. On the one hand, this rush for the deadline defies logic, because at this stage the most people could save in stamp duty was £2,500, but clearly there was a major psychological effect.” UK property transactions in September showed a 68.4 per cent year-on-year increase and were 67.5 per cent higher than in August 2021. House prices rose by 2.5 per cent on August’s figures with the Northwest with the highest annual house price growth of 16.8 per cent bringing the average home to £203,661. [London](https://www.hankzarihs.com/bridging-loans-for-london-property/) experienced the lowest annual rise of 2.8 per cent for the consecutive month. However, the average property price of £507,000 made it the most expensive out of regional averages. **Growth expected to continue although at a slower pace** All regions in England showed double digit annual growth except for the East of the country at 9.3 per cent with the average property costing £327,982. The Northeast was still the cheapest place to buy with the average cost of a home at £152,776. Nationally, Wales experienced the biggest annual increase of 15.4 per cent bringing the average property price to £196,216. England, Scotland and Northern Ireland all saw double digit annual house price growth. The average price for a house bought by a first-time buyer was £225,607 representing a 1.3 per cent year on year increase while the average price a former [owner-occupier](https://www.hankzarihs.com/owner-occupied-commercial-mortgage/) paid was £315,362 – a 12.2 per cent increase. The average cost of a [new build property](https://www.hankzarihs.com/new-build-developer-loans/) in July reached £337,608 – a 15 per cent year-on-year growth compared with a £248,163 for an existing resold property representing a 6.5 per cent growth. Despite the end of the stamp duty holiday, the Royal Institution of Surveyors, RICS, still expects house price growth in October due to lack of supply. However, this is likely to slow in the near future particularly if the Bank of England decides to raise interest rates next month. [Bridging Brokers Hank Zarihs Associates](https://www.hankzarihs.com/bridging-loan-broker/) said the figures showed the need for new homes was acute and that development finance lenders’ appetite for lending to SME housebuilders was particularly strong. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Smaller builders still ignored by clearing banks for loans](https://www.hankzarihs.com/smaller-builders-still-ignored-by-clearing-banks-for-loans/) **Published:** November 17, 2021 **Author:** Shiraz Khan **Content:** Homes England’s chairman Peter Freeman told MPs there was still a real gap in the market among the major banks for lending to smaller housebuilders. Mr Freeman, the co-founder of the property developer Argent, related that 20 years ago he had walked into NatWest asking for a loan which he got within an hour of applying. But he said this was no longer the case and that clearing banks were only interested in lending to builders who constructed 500 homes or more a year. “There’s a real gap in the market for the small rather than the medium and one of the things we can achieve for them is to get them that launch.” Conservative MP Bob Blackman quizzed them about what help they were offering smaller builders whose housebuilding presence has declined sharply since the 2008 financial crisis. Back in the 1980s smaller housebuilders accounted for more than half of new homes built compared with a quarter now. Homes England chief executive Peter Denton said that in the last budget the government had earmarked £624m for lending to smaller builders. He highlighted a recent alliance with Octopus Real Estate for a £175m [fund](https://www.gov.uk/government/news/octopus-real-estate-and-homes-england-launch-175m-greener-homes-alliance) to lend to smaller builders’ [constructing energy-efficient homes](https://www.hankzarihs.com/construction-loans/). “We are leveraging one-third of our money, so effectively we’re corner stoning a strategy where we’re effectively bringing quite a lot of private-sector capital in as well.” The committee heard that so far 400 smaller builders had been helped by the fund out of the estimated 2,800 smaller developers operating in the UK. **Homes England pledges support for smaller builders** “I think it’s very clear that we continue to support the diversification and resilience of the market – no question,” said Mr Denton. The Federation of Master Builders, FMB, said finance for SMEs was becoming less of an issue than the planning system and access to land. FMB policy and public affairs head Jeremy Gray said existing smaller housebuilders were well placed to gain loans but new entrants to the market were likely to face a bigger challenge. The National Federation of Builders agreed and said that if Homes England could be given planning powers to assemble land which SMEs could build on then this would be a great help. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/news/) said the range of development and [auction finance](https://www.hankzarihs.com/auction-finance/) lenders currently in the market had increased over the last few years and that there was more choice for SMEs. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Rules on Conversions Fine-Tuned](https://www.hankzarihs.com/rules-on-office-and-shop-conversions-into-homes-to-be-fine-tuned/) **Published:** November 11, 2021 **Author:** Shiraz Khan **Content:** Permitted development rights, where [offices and shops can be turned into homes](https://www.hankzarihs.com/converting-commercial-property-to-residential/) without too much red tape, are likely to be kept in check, the housing secretary Michael Gove told [MPs](https://parliamentlive.tv/Event/Index/d754139f-c8de-4cad-99b5-5b23207be466). Housing communities and local government committee chair Clive Betts MP highlighted that converting disused offices on an industrial park into housing was “not the best way to deliver homes”. Although he said he was glad the government had introduced [space standards](https://www.gov.uk/government/news/permitted-development-homes-to-meet-space-standards) following criticisms last year that some developers had created ‘rabbit hutch’ style homes. Mr Gove admitted there had been “perverse outcomes and unintended consequences” under the current permitted development rights. “I need to take a couple of steps back – the nature of cities is changing because of Covid and changing times,” said the housing secretary. Mr Gove said that with a diminished need for offices and commercial space he would be looking at how town and city centres could be made livelier. ## Developers may have to pay contributions in the future He conceded permitted development rights could be improved but wouldn’t be drawn on whether the initiative should be dropped. Instead, he agreed to revisit whether it should be exempt from section 106 and the community infrastructure levy. Gove also said he would look at the impact of out-of-town offices being converted to retail outlets and therefore evading the planning system’s sequential testing. [Brokers Hank Zarihs Associates](https://www.hankzarihs.com/) said that development finance lenders were keen to offer construction loans to SME housebuilders who were doing conversions to a high standard. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** News --- ### [£624m to kick-start housing projects across the country](https://www.hankzarihs.com/624m-to-kick-start-housing-projects-across-the-country/) **Published:** November 9, 2021 **Author:** Shiraz Khan **Content:** New public money focussing on unlocking brownfield land to pave the way for up to 116,000 new homes has been announced by the government. The £624m funding is available to all housebuilders particularly SMEs to help them pay for key infrastructure such as public transport and new schools as well as land remediation. Housing minister Christopher Pincher said: “This money will build on our commitment to bring derelict and abandoned sites back to life, regenerating towns and cities as we level up across the country.” Redeveloping underused [land for new homes](https://www.hankzarihs.com/bridging-loan-for-land/) and improving public services is a key part of the government’s mission to level up and create communities where people want to live and work. Homes England chief executive Peter Denton said: “This new infrastructure funding will be a powerful catalyst for creating new homes, places and communities.” He said the resources would enable the government to back developments such as the regeneration of Rugby’s radio station site where 6,200 homes are to be built. The £35m public funding is going towards paying for a new primary and secondary school plus a link to the town centre. But the National Federation of Builders, NFB, said while the loans were of some help the government still needed to improve the system. NFB head of housing and planning policy Rico Wojtulewicz said: “[Finance](https://www.hankzarihs.com/what-is-development-finance/) remains a challenge for SME builders and the home building fund does help some to access lending. “However, it is still viewed by industry as bureaucratic and not appreciative of the staffing expertise difference between SMEs and large PLCs, plus doesn’t always offer as competitive rates as the market.” Brokers [Hank Zarihs Associates](http://www.hankzarihs.com) said development finance lenders could offer smaller housebuilders competitive rates on construction loans for developing brownfield land on well-located sites. **Gov’t hopes new loans will help smaller builders take on complex sites** This latest government funding is part of the £2.2 bn loan financing made available in last year’s spending review to support infrastructure and drive housing supply. Homes England will administer the loans via the home building fund that makes finance available to developers. In last month’s budget chancellor Rishi Sunak announced a further £1.8bn to regenerate brownfield land and deliver transport links and community facilities. The funding boost meets the government’s manifesto commitment to a £10bn housing fund and will help unlock one million new homes. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Limit Farming](https://www.hankzarihs.com/farming-not-housing-should-be-limited-to-reduce-river-nutrient-levels/) **Published:** November 5, 2021 **Author:** Shiraz Khan **Content:** Housebuilding in regions close to rivers is on hold because developers are being asked to fix the problem of high nutrients in the water before planning approval can go ahead. Savills has [calculated](https://www.savills.co.uk/research_articles/229130/319723-0#location) 32 local authorities are affected resulting in 33,700 fewer homes being built a year in England and around 500 in Wales. National Federation of Builders head of housing and planning policy Rico Wojtulewicz said: “Developers should not be paying for the cost of others impacts but as per usual, housebuilders are treated as a cash cow by the government both in financial and delay terms. “Water companies need to invest in solutions, farmers need help to reduce their impacts and we will continue innovating to reduce any minimal impact we may have.” The issue stems from a European Court of Justice ruling in 2018 on the habitats’ directive requiring special protection areas to comply with EU legislation on limits on nutrients in water. Too many nutrients fuel excessive algae growth depleting rivers of oxygen and damaging wildlife. Natural England has advised 20 councils that permission cannot be legally granted for developments unless they are nitrate and phosphate neutral. **Key regions will be unable to meet housing need** South Hampshire and the Isle of Wight was the first region to receive this guidance in 2019 and now has a ‘nitrogen credit’ scheme where developers can offset their nutrient footprint. They can do this by creating new wetlands, meadows and woodland to help stop nitrates from running off into the Solent. Savills estimates a fall of 50 to 70 per cent in new homes being built in the region causing a tightening land market and limiting the area’s potential to meet housing needs. The building industry believes one of the most effective ways to reduce nitrates is for the government to limit intensive farming in areas close to rivers. In north Herefordshire, 1,650 homes are under a planning moratorium due to high nutrient levels in the River Wye. Local bespoke builder Border Oak argues intensive poultry farming is the major culprit for polluting the River Wye with nitrates and phosphates from fertiliser and chicken excrement. Border Oak director Merry Albright said: “The majority of nutrients don’t come from housing but agriculture. There’s a huge disconnect with what is actually happening.” She added that Herefordshire was one of the largest intensive poultry producers in England with 20m chickens outnumbering the county’s population of 192,000. Neighbouring county Powys is estimated to be the largest poultry producer in Europe according to the Campaign for Protection of Rural England. Currently half of the local authorities across Wales are halting planning applications after Natural Resources Wales set stricter limits for acceptable phosphate levels in rivers in January. Ms Albright argues the UK government should take a similar approach to the Netherlands where they passed legislation to divest sensitive catchment areas from intensive livestock farming. Brokers [Hank Zarihs Associates](http://www.hankzarihs.com) said [development finance](https://www.hankzarihs.com/how-does-development-finance-work/) lenders could offer SME housebuilders facing planning delays a range of funding options. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [Save & Improve: COP26 Plea](https://www.hankzarihs.com/united-plea-to-conserve-and-improve-existing-buildings-made-at-cop26/) **Published:** November 3, 2021 **Author:** Shiraz Khan **Content:** Better use of current buildings to reduce new construction demand are among the key points of a new report presented at COP26 today. Regeneration developers Galliford Try, housebuilders Wilmott Dixon and [residential developer](https://www.hankzarihs.com/residential-bridging-loan/) Wates Group were among the 200 endorsers of *Built Environment* produced by Architects Declare. The Royal Institute of British Architects president Simon Allford said: “Our buildings are responsible for almost 40 per cent of global carbon emissions. For the benefit of humanity, we need bold regulations and purposeful policies that will secure our future.” The report highlights that about half of the estimated 255bn m2 existing buildings will still exist by 2050 and that more investment is needed to improve these buildings to hit net-zero targets. Around 10 per cent of global energy-related greenhouse gas emissions are from materials and products used in the construction and maintenance of buildings known as ‘embodied carbon’. Over a quarter of global energy-related greenhouse gas emissions are due to heating, cooling, and operating buildings. “The most effective way to avoid embodied carbon emissions is to refurbish, retrofit, and extend the lives of existing buildings, instead of demolishing them and building a new,” said the report. [Brokers Hank Zarihs Associates](https://www.hankzarihs.com/) said there was an increasingly wide range of lenders keen to offer development and refurbishment finance for retrofits. **Greater commitment from global governments needed** *Built Environment* pointed out an estimated two-thirds of new properties constructed between now and 2050 will be built in countries without energy codes. It calculates that the number of buildings constructed every year grows by 5.5bn m2 a year with the city the size of Paris built every week. The report authors call on governments worldwide to show leadership, regulatory oversight and infrastructure to support the building sector and the wider community in collective action. “Well-designed regulations can promote innovation, allowing us to achieve broader social, economic, and environmental goals.” ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Business, Buying Property, Fast Development Finance, Finance News, News, Planning News, Projects --- ### [SME housebuilders could fold if new carbon emission rules happen](https://www.hankzarihs.com/sme-housebuilders-could-fold-if-new-carbon-emission-rules-happen/) **Published:** March 4, 2022 **Author:** Shiraz Khan **Content:** A new bill forcing builders to assess the carbon emissions of a new project prior to construction will force SMEs out of business, the industry has warned. Conservative MP Duncan Baker’s private members bill would require them to measure, report and reduce a scheme’s carbon emissions during the design process. SME construction firm Hofton & Son, based in Nottinghamshire, has said if the bill is passed on its second reading on 18th March then it will stop building homes. Managing director Mark Shouler said: “It’s going to bring SMEs to a grinding halt. This will add enormous costs. We are just about keeping our heads above the water.” He has calculated that a small development of 12 homes on a 1.2-acre site estimated to make £650,000 profit would incur a £1m loss if the rules on whole-life carbon emission come into force. The proposals come at a time of great change for the sector with biodiversity net gain rules happening in November and future homes standards on energy efficiency going live in 2025. **SMEs at risk because they sell direct to the homebuyer** The National Federation of Builders, NFB, said members of its housebuilding association hadn’t been consulted. The trade body said SMEs were more at risk because they build properties they have to sell whereas large construction firms are commissioned. NFB housing and planning policy head Rico Wojtulewicz said: “It’s easier to meet these requirements if you have embraced off-site and modular building which SMEs haven’t done yet.” He added building material manufacturers should be encouraged to produce more renewable products as there were insufficient supplies of green materials such as cross-laminated timber. If Mr Baker’s bill is passed the new part Z regulations would be adopted for [commercial properties](https://www.hankzarihs.com/converting-commercial-property-to-residential/) by January next year, for residential by 2025 and for all buildings by 2027. Construction giants Cundall, Mott MacDonald and Wilmot Dixon are among the housebuilders supporting part Z as well as professional bodies such as the Royal Institute of British Architects. The regulations will apply to projects of more than ten homes with a gross internal area of 1000 metres squared. [Property finance intermediary Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance lenders regarded SMEs as vital for training apprentices and offering variety and high housebuilding standards. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Uncategorized --- ### [Brownfield funding to be focussed on the midlands and north](https://www.hankzarihs.com/brownfield-funding-to-be-focussed-on-the-midlands-and-north/) **Published:** February 5, 2022 **Author:** Shiraz Khan **Content:** Improving housing affordability in the southeast of the country is to be ditched in favour of pouring resources into building new homes in the midlands and the north. The 80/20 rule where 80 per cent of Homes England funding went to parts of England that were expensive to live is to be scrapped, the government has [announced](https://www.gov.uk/government/news/government-unveils-levelling-up-plan-that-will-transform-uk). Levelling up secretary Michael Gove said: “For decades, too many communities have been overlooked and undervalued. As some areas have flourished, others have been left in a cycle of decline. The UK has been like a jet firing on only one engine.” The change in policy was announced as part of the *Levelling Up* white paper released today where it’s proposing most of the £1.8bn brownfield funding goes to the north and the midlands. **Metro mayors to be fostered** Mr Gove has pledged £120m for the creation of ‘metro mayors’ similar in leadership style to the West Midland’s Andy Street and Greater Manchester’s Andy Burnham. The government has invited Cornwall, Derbyshire & Derby, Devon, Plymouth and Torbay, Durham, Hull & East Yorkshire, Leicestershire, Norfolk, Nottinghamshire & Nottingham, and Suffolk to apply to create mayoral combined authorities. Over the next eight years, it had said that every part of England that wants a ‘[London-style’](https://www.hankzarihs.com/bridging-loans-for-london-property/) devolved deal to have one. The National Audit Office’s Supporting local economic growth report criticises the government’s lack of evaluation of the £11bn pledged for regeneration which includes the £4.8 bn levelling up fund. House of Commons public accounts committee chair Meg Hillier said: “Government has simply turned on the taps without really knowing where to direct the hose.” The National Federation of Builders, NFB, described the strategy as “workable” but would mean levelling up wouldn’t happen in the south. “It appears that if you are in the south, you need to go up north and compete for the houses you can afford and the jobs created for those in that region,” said Rico Wojtulewicz, NFB head of housing and planning policy.” Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance lenders were keen to see difficult sites brought back into use including those in the southeast. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [Tax break on red diesel vital in wake of Russian sanctions](https://www.hankzarihs.com/tax-break-on-red-diesel-vital-in-wake-of-russian-sanctions/) **Published:** March 3, 2022 **Author:** Shiraz Khan **Content:** SME builders are lobbying the government to hold off scrapping the tax rebate on red diesel due to the war in Ukraine. Lack of electrically powered machinery, biofuel and a shift in prices due to sanctions against Russia will mean huge cost increases when the rebate is removed on 1st April. Contractors have said they may have to increase their hourly rates for activities such as excavation by up to £5 per hour. The 47 pence per litre rebate for red diesel, dyed so enforcement agencies can spot it, will continue for agriculture, horticulture, fish farming and forestry. National Federation of Builders, NFB, chief executive Richard Beresford said: “These are unprecedented times and after rejecting industry pleas on minimal exemptions for plant vehicles that could not be electrified, such as mobile cranes, this policy change arrives in the middle of a perfect storm on British energy costs and so a 12-month deferral on removing the red diesel rebate is pragmatic.” Grounds work business owner Graham Sandercock, who does forestry and agriculture jobs, told BBC Radio Cornwall he would probably have to pull out of construction. “It puts me in a difficult position. If I was to go to white diesel, I would probably lose lots a lot of forestry and agricultural work as those guys wouldn’t want to pay the rates for white diesel so I’m going to have to give up construction work.” He said draining his tank and filters of white diesel after a construction job so he could then refill with red for agricultural clients would be impractical. Mr Sandercock explained he could face problems with farming clients if they changed the type of excavation work, they wanted him to do. “I could be doing draining or ditch clearing but if the farmer said, ‘Oh can you dig a trench for the new wall of my shed?’ I would have to say ‘I can’t legally do that running on red diesel.’” **Biofuel in short supply** The trade body pointed out that biofuel supply is still below pre-pandemic levels with strong demand for it from abroad likely to intensify following sanctions against Russia. “Countries who import from Russia, such as the US who pre-war doubled their Russian oil imports, are purchasing elsewhere, along with all other nations. This competition for fuel will also hit the already fluctuating biodiesel market, which at one point saw biodiesel cost 11 per cent more than pumped diesel, with export and import levels jumping wildly every month,” said Mr Beresford. This coupled with a worldwide shortage of semi-conductors for electrified plant machinery has made it difficult to reduce diesel consumption. [Property finance brokers Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance lenders were keen to see the tax rebate on diesel fuel retained in the wake of the current political situation with Russia. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [Building industry hopes new housing minister will champion SMEs](https://www.hankzarihs.com/building-industry-hopes-new-housing-minister-will-champion-smes/) **Published:** February 9, 2022 **Author:** Shiraz Khan **Content:** The construction industry is waiting with bated breath to see if Stuart Andrew – the eleventh new housing minister in 12 years – will embrace SMEs as a vital tool for building more homes. Deputy chief whip Stuart Andrew, who grew up on a North Wales council estate, assumed the role yesterday in the prime minister’s mini-reshuffle as part of the clear out of the whip’s office. The National Federation of Builders chief executive Richard Beresford said: “He has a tough job on his hands, as we desperately need an engaged housing minister who understands the planning systems impact on levelling up, SME builders and the broader housing crisis.” Mr Andrew and levelling up and housing secretary, Michael Gove, face the challenge of reworking controversial plans to shake-up the [planning system](https://www.hankzarihs.com/mortgage-for-land-with-planning-permission/) to enable 300,000 new homes to be built a year. Mr Gove has said he would ditch proposals for a zonal system denying residents the right to object to new buildings in areas marked for development. **New minister backs the green belt** Housing delivery targets released in January showed nearly a third of local councils had failed to build enough homes with many of these authorities in areas with large swathes of green belt. However, Mr Andrew who is MP for Pudsey, Horsforth and Aireborough in East Yorkshire has campaigned to save the greenbelt opposing plans for major housing developments and roads in his area. The Federation of Master Builders chief executive Brian Berry said Mr Andrew’s appointment came at a crucial time for the industry. “I look forward to working constructively with the new minister to deliver a much-needed boost for small, local housebuilders. “This will not only help plug the gap in housing stock but will also play a vital role in levelling up the country, as who better to enable this than small, community-centric builders.” The Royal Institute of British Architects said it was important Mr Andrew got to grips quickly with the housing crisis. “With the government highlighting the importance of improved housing in its levelling-up agenda, it must now work to secure consistent and effective leadership in this area,” said president Simon Allford. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said commercial development finance lenders were hoping the new minister would help make planning more efficient and easier for SME developers. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [New home registrations increase by a quarter](https://www.hankzarihs.com/home-counties-site-with-space-for-up-to-450-homes-is-on-offer/) **Published:** February 14, 2022 **Author:** Shiraz Khan **Content:** New home registrations showed a year-on-year increase of 25 per cent to 153,339 for 2021, according to the National House Building Council, NHBC. The sector saw a significant rebound following 2020’s eight-year-low of 122,935 registrations. New home completions also showed a significant uplift in 2021, increasing by 21 per cent to 139,333 compared with 2020’s 115,561. NHBC chief executive Steve Wood said: “The house-building industry demonstrated considerable resilience in 2021, rebounding well from the pandemic and coping with significant strains in the supply chain.” Private sector registrations were the key driver, rising from 80,475 in 2020 to 114,477 in 2021, an increase of more than 40 per cent. In contrast, new home registrations in the rental sector decreased eight per cent from 42,460 in 2020 to 38,862 in 2021, in part due to the deflection of Housing Association capital budgets towards building safety remediation on existing housing stock. Eleven out of 12 UK regions saw growth in new home registrations in 2021. The Northeast experienced the strongest growth – registrations were up by 74 per cent to 7,467. There were significant increases in the Northwest – 26 per cent; Yorkshire & Humberside – 31 per cent; East Midlands – 50 per cent; Eastern – 46 per cent; Southwest – 33 per cent; [Scotland](https://www.hankzarihs.com/bridging-loans-scotland/) – 43 per cent; and Northern Ireland & Isle of Man – 28 per cent. [London](https://www.hankzarihs.com/bridging-loans-for-london-property/) was the only region to see a drop in 2021, down 27 per cent compared to 2020, due to pandemic effects and some hesitation on apartment block registrations. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance lenders had continued to support builders during the lockdown and were keen to lend more now the UK was emerging from the pandemic. More people were using their homes for work, as well as reflecting on recreational and family life. Registrations for detached, semi-detached, terraced homes and bungalows all increased in 2021. Detached homes saw the largest increase, rising 47 per cent from 35,520 in 2020 to 52,190 in 2021. Flats were the only house type to see a year-on-year drop of 15 per cent from 32,625 registrations in 2020 to 27,867 in 2021. Mr Wood said: “The pandemic has resulted in a real shift in the way people work and use their homes, with this likely to have some long-lasting effects, as seen in the high demand for detached properties. Whilst there has been a clear drop in the number of apartment registrations, the ‘death of the city’ is over-stated and we expect to see these start to increase in the medium-term, particularly with the continued investment in the build to rent sector.” **House building in Leeds more than triples** Deloitte’s crane survey saw construction activity across four major cities increase by more than a third last year. The survey found 72 new projects started in Belfast, [Birmingham](https://www.hankzarihs.com/birmingham/), [Leeds](https://www.hankzarihs.com/leeds/) and [Manchester](https://www.hankzarihs.com/manchester/) in 2021, up from 53 in 2020. The number of housing in Leeds starting construction increased by 210 per cent compared to 2020. Ten new residential schemes started in the city last year, the highest number since the Leeds survey started in 2006. Manchester saw over 5,500 new homes built in 2021, up from just under 5,000 the year before. A further 10,700 homes remain under construction in the city across 40 development sites. Birmingham had 14 new residential schemes starting in 2021, up from five in the previous year. Although the number of new homes completed dipped from around 2,000 in 2020 to just over 1,500 last year, it remained well above the city’s ten-year average of 653 new homes per year. No new residential schemes started in Belfast last year, although office developments were at their highest since Deloitte first started surveying the city in 2017 with five new schemes starting in 2021. However, the number of [office schemes under construction](https://www.hankzarihs.com/construction-loans/) across all four cities dipped to 3.48m sq ft last year from 3.61m sq ft in 2020. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [Home counties site with space for 450 homes is on offer](https://www.hankzarihs.com/home-counties-site-with-space-for-450-homes-is-on-offer/) **Published:** February 9, 2022 **Author:** Shiraz Khan **Content:** A £170m major mixed-use scheme next to Hertfordshire’s Hemel Hempstead station is available for development. Network Rail and London and Continental Railways, LCR, are looking to shortlist six developers for the ten-year project on prime commuter-belt land. LCR regional director Andrew Ferguson said: “Coupling easy access to London with open green spaces and high-quality community assets, this site represents an unmissable opportunity to unlock new homes, commercial space and public value”. Architects Farrells masterplan is for 450 flats in a series of low-rise blocks and about 40,000 sq ft of commercial floor space, as well as a new multi-storey car park. The gross development value of £170m is based on Farrells’ masterplan plus the cost of building the multi-storey car park, access road and enabling works. The 7.4 acres site includes neighbouring [land in commercial use](https://www.hankzarihs.com/land-finance/), including a former car showroom site, industrial buildings and small retail units serving the station. It backs on to Blackbirds Moor part of the Chilterns Area of Outstanding Natural Beauty and is close to supermarkets, restaurants and cafés, leisure facilities, schools and nurseries. **Site has strong transport links** Hemel Hempstead is 24 miles to the northwest of [central London](https://www.hankzarihs.com/bridging-loans-for-london-property/) taking just over half an hour on a train to get to the capital. The station and its surroundings are a key development site in the Two Waters Masterplan Guidance, which Dacorum borough council adopted as a planning statement in April 2018. LCR and Network Rail formed a partnership in 2018 to identify opportunities to free up underutilised land for residential development at and around stations across the rail network. Property consultancy JLL has been instructed to support the selection of a development partner. JLL director Sajaad Ahmad said: “We are seeking a partner who shares LCR and Network Rail’s vision and ambition for creating a new vibrant residential community in Hemel Hempstead.” Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) described the project as a great opportunity and one that commercial development finance lenders would be keen to support. Information on the procurement process and timeline is available at delta-esourcing.com. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [Government loans to help SMEs build more homes](https://www.hankzarihs.com/government-loans-to-help-smes-build-more-homes/) **Published:** January 31, 2022 **Author:** Shiraz Khan **Content:** A £1.5bn home building [fund](https://www.gov.uk/government/news/20-town-and-city-centres-in-england-transformed-through-ambitious-regeneration-projects) offering loans to SMEs to help them deliver 42,000 new houses across the country has received a lukewarm response from the construction industry. The National Federation of Builders, NFB, has said the loan scheme would only be of any use if smaller housebuilders could borrow prior to gaining [planning permission](https://www.hankzarihs.com/converting-house-into-flats/). NFB housing and planning policy head Rico Wojtulewicz said: “The government has promised this level of funding previously but as it has not understood the planning and lending process, so the money has not gone in the right places such as the southeast where there are more barriers to gaining planning permission despite acute housing shortage need.” The new fund is part of the government’s initiative to rebalance the economy more equally outside London outlined in its *Levelling Up* white paper to be released next week. Levelling up secretary Michael Gove said: “We are on a mission to regenerate the nation, transforming derelict areas in our towns and cities into thriving places people are proud to live and work in.” **Former industrial revolution hotspots to benefit** Wolverhampton and Sheffield are among 20 places to benefit from the government’s £1.5bn brownfield fund to transform derelict sites in town and city centres. Homes England will spearhead the £4.8 bn levelling up fund partnering with local leaders, the private sector and community groups to deliver new housing and associated infrastructure. Homes England chair Peter Freeman said: “Our expanded mandate will allow us to further support ambitious local leaders in delivering placemaking and regeneration alongside a wide range of public and private sector partners.” Seven mayoral combined authorities in the North and Midlands are to receive £120m to deliver 7,800 homes on disused brownfield land. The councils receiving the funds are the West Midlands, Greater Manchester, West Yorkshire, Liverpool, South Yorkshire, North of Tyne and Tees Valley. A further £30m is to go to Greater Manchester, Tees Valley and West Midlands combined authorities to regenerate disused brownfield land. And £8m from the brownfield land release fund will go to 13 councils to release land for a further 898 homes. [Property finance brokers Hank Zarihs Associates](https://www.hankzarihs.com/) said investment to make derelict land easier to build on with sites earmarked for SME housebuilders would be welcomed by development finance lenders. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [Large swathe of councils still failing to meet housing needs](https://www.hankzarihs.com/large-swathe-of-councils-still-failing-to-meet-housing-needs/) **Published:** January 25, 2022 **Author:** Shiraz Khan **Content:** Nearly a third of England’s local authorities failed to meet their housing delivery [targets](https://www.gov.uk/government/publications/housing-delivery-test-2021-measurement) last year, according to government figures. Out of 321 local councils 93 failed to hit their targets, 29 per cent – a modest improvement on 2020 figures where 34 per cent failed. Head of housing and planning policy at the National Federation of Builders Rico Wojtulewicz said: “The problem is there are no real consequences for not meeting the targets. If you are constrained by the green belt, then the government will let you off.” Planning consultancy Litchfields noted the authorities who failed the most couldn’t show an up-to-date five-year housing land supply making it unlikely they would hit their targets. It added that about half were constrained by green belt designation requiring ‘very special circumstances’ to justify a new [housing development](https://www.hankzarihs.com/development-finance/). **Councils in the north outperform the south** Local authorities in the north and the midlands tended to perform better than those in the southeast. Councils who met less than 50 per cent of their targets two years running include Basildon, Castle Point, Epsom & Ewell, Havering, Kensington & Chelsea and Southend-on-Sea. [Property finance intermediary Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance lenders wanted local authorities who were behind on their targets to make extra efforts to provide greater access to SME housebuilders. Councils who are under 75 per cent of hitting their targets must favour sustainable development and those under 85 per cent must have a 20 per cent buffer on their housing land supply. Councils who have delivered under 95 per cent of their target must produce an action plan showing how they are going to boost delivery. The housing delivery targets were introduced in 2018 as a way of putting pressure on local councils to build more new homes and help the government meet its goal of 300,000 new homes a year by the mid-2020s. The Construction Products Association forecasts growth of three per cent this year and next in private housing building compared with 17 per cent in 2021. Repair, maintenance and improvement output is predicted to remain flat due to rising costs in contrast to last year which saw a 17 per cent growth. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [Bricks shortages and rising product prices predicted](https://www.hankzarihs.com/bricks-shortages-and-rising-product-prices-predicted/) **Published:** January 19, 2022 **Author:** Shiraz Khan **Content:** Bricks and roof tiles are in short supply with demand outstripping supply against a backdrop of rising inflation, the Construction Leadership Council, [CLC](https://www.constructionleadershipcouncil.co.uk/news/construction-product-availability-statement-9/), has warned. Imports of bricks from the EU and globally are set to continue until three new UK brickmaking plants come on stream next year and in 2024. The new factories are predicted to boost UK annual capacity by about 150m bricks per year. The CLC’s product availability group co-chairs John Newcomb and Peter Caplehorn said: “We continue to stress the importance of maintaining open lines of communication throughout the supply chain and encourage all sectors to continue to work closely and collaboratively to manage challenges and plan future work.” Aerated concrete blocks, steel lintels, manhole covers, plastic drainage products, sealants, coatings and paints are also hard to come by. Lack of semi-conductors is constraining boiler supply at a time of high demand although the CLC said insufficient supplies were not due to chip shortages. However, the product availability group said there were relatively good stocks of other prices and reported timber prices have fallen from their peak in May 2021. **Disruption forecast for global imports** The Beijing Winter Olympics next month will mean 64 factories in northern Chinese cities will close to improve air quality. The CLC warns this will have a knock-on effect on the level of some products later in 2022. Global shipping delays are expected to continue until the third quarter of 2022 due to China’s ‘zero’ policy over Covid. Seven out of the top ten container ports are in China and the CLC predicts the country will shut down some of their ports if there are any Covid outbreaks. Rising energy costs and inflation is a concern for construction with forecasts predicting price increases of up to ten per cent for certain products. Office of National Statistics data showed the cost price index rising to 5.4 per cent in December, above city economists’ predictions of 5.2 per cent. Expectations the Bank of England’s monetary policy committee when it meets early next month will increase the base rate by another 0.5 per cent are growing. [Bridging finance brokers Hank Zarihs Associates](https://www.hankzarihs.com/bridging-loan-broker/) said development finance lenders were still offering construction loans and instant bridging finance at competitive rates. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [Home counties overturn plans for new housing on green fields](https://www.hankzarihs.com/home-counties-overturn-plans-for-new-housing-on-green-fields/) **Published:** February 2, 2022 **Author:** Shiraz Khan **Content:** A swathe of councils could follow two Hertfordshire authorities who rejected their local plans in the wake of the government’s decision to reverse [proposed planning reform](https://www.hankzarihs.com/mortgage-for-land-with-planning-permission/). The construction industry fears Conservative-run Hertsmere and Welwyn Hatfield borough councils’ move to revise their local plans because too many [homes were to be built on green belt land](https://www.hankzarihs.com/land-finance/) could set a trend. National Federation of Builders housing and planning head Rico Wojtulewicz said: “The decision of two home counties to reject [building homes](https://www.hankzarihs.com/construction-loans/) on the greenbelt could be a catalyst for others to do the same. “Councils who reject density, reject housing and reject growth are rejecting their role in solving the housing crisis. The greenbelt exists to stop urban sprawl, it should not be a political tool to pull the rug out from under current and future generations.” **Green belt resurfaces as planning barrier** Welwyn Hatfield council referred to Boris Johnson’s conference speech last October when he pledged new homes shouldn’t be built on “green fields” as why they were shelving their plan. Councillors rejected the 15,200-home target recommended by the government’s planning inspector in a vote last week with 25 in favour, 13 against and no abstentions. Instead, they passed a special council motion approving a strategy of 13,279 homes. Welwyn Hatfield deputy leader Duncan Bell said: “A target of 15,200 would have ignored the views expressed by the community and would have resulted in excessive and irreversible harm to that the greenbelt.” Hertsmere council leader Morris Bright announced last week the authority’s 12,000-home draft plan should be put on ice after 20,000 residents responded to a consultation rejecting it. “Over 9,000 of these were to be built on green belt land. Whilst residents and councillors understand the need for new homes, this potential decimation of large swathes of green belt has been too much for local people and local councillors to accept,” he said. He added the borough was now unlikely to have a plan in place by 2024, as required by government targets. Hertsmere and Welwyn Hatfield’s position follows Conservative controlled Mid Sussex district council’s decision to pause their local plan for 18,581 new homes between 2021 to 2038. The southeast council has written to housing secretary Michael Gove asking for their targets to be reset in line with “environment and infrastructure” constraints. The NFB would like Homes England to be given planning powers in areas where councils don’t have a local plan or aren’t meeting their minimum housing targets. “This would allow SMEs to partner with Homes England and deliver on both their ambitions, as well as enable placemaking through strategic regional and national levelling up,” said Mr Wojtulewicz. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance lenders were keen for clarity over planning reforms and supported the concept of zoning areas for development. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [Developer with a passion for custom build needed](https://www.hankzarihs.com/developer-with-a-passion-for-custom-build-needed/) **Published:** February 5, 2022 **Author:** Shiraz Khan **Content:** Leaper Land Promotion is looking for a delivery partner for up to 49 custom and self-build homes on 6.5 acres next to Framlingham village in East Suffolk. The company has gained outline planning for a phased development of up to 33 open market homes, made up of 27 custom-build and six self-build homes. Leaper director Ben Marten said: “We are open to dialogue with potential buyers and delivery partners for part or all of the site, but specifically a developer with enthusiasm and passion for the custom and self-build model and the benefits it can deliver for local housing supply.” Half of the homes are to be affordable including four to be sold at a discounted rate on the open market. The site is allocated in the neighbourhood plan and the scheme includes alterations to the access road to improve safety and access. Leaper has worked closely with East Suffolk council to work up a detailed design code in keeping with existing buildings in the area. Mr Marten said the code sets out a range of house types allowing significant degrees of homeowner customisation. **East Suffolk council backs self-commissioned homes** “The local authority was enthusiastic about bringing a custom and self-build proposal to the local market that offered diversity with a range of models helping them satisfy their duties under the right to build legislation,” he said. Leaper is a specialist in the delivery of custom and self-build homes on multi-plot sites in rural areas and the application is one of several Leaper has been working on. English local planning authorities must have a right-to-build register to keep track of how many people want to build or create their own homes. About 13,000 homes are built this way annually but the government wants this figure to [double](https://www.gov.uk/government/publications/independent-review-into-scaling-up-self-build-and-custom-housebuilding-report/independent-review-into-scaling-up-self-build-and-custom-housebuilding-recommendations-from-the-report). England lags behind other European countries such as Germany where more than half of the country’s homes are self-commissioned. [Property finance intermediaries Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance lenders would be keen to support builders who got involved with the project. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [SME builders face huge costs to prove biodiversity gain](https://www.hankzarihs.com/sme-builders-face-huge-costs-to-prove-biodiversity-gain/) **Published:** January 12, 2022 **Author:** Shiraz Khan **Content:** Artificial intelligence should be harnessed to work out biodiversity net gain for sites of 50 homes or less, urges the National Federation of Builders, NFB. The call follows the government’s consultation released today on restoring ecological loss during housing construction and delivering a ten per cent boost on biodiversity post-development. NFB head of housing and planning Rico Wojtulewicz said: “On small sites of up to 50 homes, we need an automated calculation process which takes into account local species and accepts onsite solutions, such as building in biodiversity to the fabric of buildings, site design and even gardens, where a management plan is attached.” The trade body has said this would reduce costs, prevent delays, and enable environmental assessments to be done coherently. The government wants developers to use Defra’s biodiversity metric to produce a plan on biodiversity net gain to submit to councils when applying for [planning permission](https://www.hankzarihs.com/mortgage-for-land-with-planning-permission/). **Costs of smaller developments could spiral out of control** The NFB has said this could add tens of thousands of pounds to smaller development costs. It has collaborated with environmental consultants Joe’s Blooms to use an automated system for small sites. Mr Wojtulewicz said the current proposals for creating onsite habitats such as trees and ponds should also include design features that add to biodiversity. “If you can’t do the ten per cent of above onsite, you have to do it offsite, which is why we need a broader scope of what onsite means, including building fabric, site design and even garden management plans.” He quoted onsite features like bat boxes, green roofs, raised hedging and light spectrums as examples of features which should be counted as adding to biodiversity. Joe Bloom’s founder Oliver Lewis said making it easier for SMEs to comply with net gain would ensure the success of the new policy. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said an automated system would help SME builders calculate more accurately how much they needed to borrow from [development](https://www.hankzarihs.com/development-exit-finance/) lenders. The consultation closes on the 5th April with the new regulations expected to be incorporated in national planning policy framework before the end of 2023. Housing minister Christopher Pincher said: “This is all part of our plan to level up the country and transform our communities into places people want to live and work. I encourage all those in the housing industry to share their views in this important consultation.” ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [Brick prices set to rise in coming months](https://www.hankzarihs.com/brick-prices-set-to-rise-in-coming-months/) **Published:** January 27, 2022 **Author:** Shiraz Khan **Content:** The UK’s second biggest brick maker Forterra warned of further price hikes this year in its latest trading statement. The company said it was reviewing costs before deciding whether to charge more following double-digit increases over the last few months due to higher energy costs. Chief executive Stephen Harrison said: “We remain watchful of further inflationary cost pressures, and we will apply further price increases as necessary.” He added 70 per cent of the company’s energy costs had now been secured covering the winter months when volatility is traditional at its highest. The company reported brick sales bouncing back to pre-pandemic levels with sales one per cent above 2019’s figures and 33 per cent ahead of 2020’s. Mr Harrison said revenue for 2021 was expected to reach £370m – a three per cent drop on 2019’s figures but a 27 per cent increase on 2020. He said this was due to Forterra’s precast concrete factory closing resulting in reduced output of bespoke products but added brick and block revenues were seven per cent up on 2019. **Factory to become Europe’s biggest brick manufacturer** Forterra’s £95m brick factory expansion at Desford, Leicestershire, is on track with brick production expected to increase by 16 per cent in the final quarter of this year. The company is also investing £27m into its 30-year-old Wilnecote factory in Staffordshire on new kiln, dryers and handling equipment. “The continued strength of demand for our products bodes well. We expect 2022 will be an important year as we prepare for a step-change in output and financial performance from early 2023,” said Mr Harrison. Forterra said it would be returning £40m to shareholders and would release its 2021 results on the 10th of March. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance lenders were pleased brick production was on target to increase easing current supply chain challenges for SME builders. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [Planning delays ‘threaten the demise’ of more SME builders](https://www.hankzarihs.com/planning-delays-threaten-the-demise-of-more-sme-builders/) **Published:** January 6, 2022 **Author:** Shiraz Khan **Content:** More than nine out of ten smaller housebuilders have said planning is the biggest obstacle to increasing their housing delivery, according to a survey out this week. Respondents expect planning delays to get worse in 2022 in many parts of the UK because of local elections for all the London boroughs, Scottish and Welsh authorities in May. Homebuilders Federation, HBF, executive chairman Stewart Baseley said: “SMEs are literally having to put their businesses on hold whilst local authorities delay the start of construction as their planning departments don’t have adequate capacity to process applications effectively.” The trade body said SME builders were critical to delivering a more diverse housebuilding industry with a thriving local and regional network of building firms. Survey respondents said the planning process had deteriorated over the last year leaving them disadvantaged compared with larger builders who could absorb long wait costs. Nine out of ten said local authorities had insufficient staff and resources to offer an efficient service. “We are on the fourth conservation officer, fifth planning office and the second head of planning. There is no consistency whatsoever between people,” commented one small builder who said the high staff turnover related to one planning application. **Councils accused of preferring larger housebuilders to develop sites** SME builders said planning authorities favoured bigger housebuilders as larger schemes made it easier for housing delivery targets to be met. Close Brothers Property Finance chief executive Frank Pennal said: “Developing homes takes months and years and while some of these issues might only be short-term, they risk leaving a lasting legacy on the provision of new homes.” Material supplies and costs were quoted as the next biggest barrier to housing delivery by the 100 SME builders who took part in the online survey. More than three-quarters of participants, 78 per cent, cited this as a problem compared with just 20 per cent in the previous year’s survey. “In March we were paying £9 a sheet for 9mm oriented strand board, and up until recently, we were paying £32 a sheet. Every single product has gone up,” said an SME builder who took part in one of the survey’s focus groups. Although some respondents said the increases could be absorbed by raising house prices most claimed this wasn’t possible as materials were running out before houses could be completed. Finance brokers [Hank Zarihs Associates](http://www.hankzarihs.com) said development finance lenders would be able to offer short-term bridging loans for SME housebuilders who found themselves in this situation. Labour shortages and costs were also an issue with 59 per cent saying this was a problem compared with 19 per cent a year ago. However, nearly 60 per cent were employing apprentices compared with 33 per cent a year ago. The survey said this showed SMEs were continuing to employ a disproportionately higher number of trainees than their national counterparts. Land supply was also a significant challenge for just under half of respondents with 47 per cent citing it as a problem. They commented that more desirable places to live had experienced price inflation allowing bigger organisations to acquire sites rather than SMEs. Ecological issues and reducing nitrate levels in rivers had also constricted supply with Natural England and some councils imposing planning moratoriums. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [Construction worker temporary visa needed for London](https://www.hankzarihs.com/construction-worker-temporary-visa-needed-for-london/) **Published:** January 18, 2022 **Author:** Shiraz Khan **Content:** The capital’s mayor Sadiq Khan is [pressing](https://www.london.gov.uk/press-releases/mayoral/mayor-calls-for-construction-worker-temporary-visa) the government to create a new 12-month visa for construction workers so London can meet its goal of 66,000 new homes a year. Mr Khan warned there is a risk affordable homes targets will be missed because building firms can’t find staff in the wake of Brexit and the pandemic. “Tackling [London’s housing](https://www.hankzarihs.com/bridging-loans-for-london-property/) crisis has always been one of my top priorities. We’ve worked tirelessly over the last five years to get London building again, and the construction sector forms a key part of London’s Covid recovery plan,” said Mr Khan. He is calling for a regional shortage occupation list to allow London and other cities to attract and retain staff in sectors with acute labour shortages. **Labour shortages are holding up projects** The Federation of Master Builders, FMB, trade survey for the third quarter of 2021 found nearly two-thirds of local builders had paused jobs due to lack of labour. The trade body added nearly half were struggling to recruit in key skills such as bricklaying and carpentry. FMB chief executive Brian Berry said: “Short-term solutions like emergency visas will be a real shot in the arm for an industry under pressure.” Affordable housing provider MTVT, Metropolitan Thames Valley Trust, chief executive Geeta Nanda said: “The shortage of qualified construction workers is causing delays and is putting pressure on the costs of building much needed new homes.” Finance brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance lenders had noticed smaller builders often had to extend loan repayment deadlines due to setbacks caused by labour shortfalls. The number of EU construction workers in London fell by 54 per cent between April 2017 to April 2020 according to Office of National Statistics figures. The UK-born workforce is expected to dwindle over the next five years as an estimated ten to 20 per cent reach retirement age. London Chamber of Commerce and Industry chief executive Richard Burge said: “This is a long-term challenge – we need to bring more young people into opportunities in construction.” In September the government launched a [service](https://www.gov.uk/government/news/more-businesses-to-offer-apprenticeships) where large companies could transfer 25 per cent of their annual apprenticeship levy pot to smaller businesses to offer apprenticeships. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [Pre-packaged planning permissions for small sites would help SMEs](https://www.hankzarihs.com/pre-packaged-planning-permissions-for-small-sites-would-help-smes/) **Published:** January 13, 2022 **Author:** Shiraz Khan **Content:** Reducing planning risk by making decisions more predictable and quicker would benefit SME housebuilders, the House of Lord’s built environment committee has concluded. In its [*Meeting Housing Demand*](https://committees.parliament.uk/publications/8354/documents/85292/default/) report released this week the committee has urged councils to support SME builders by creating a speedy planning process. “The government should work with local planning authorities to create a fast-track planning process for SMEs,” said the report. It recommends a ‘[master developer](https://www.hankzarihs.com/development-finance/)’ model, where larger sites are built by different housebuilders helping SMEs bid for more secure developments. Councils and Homes England should be required to increase the percentage of homes built by SMEs on larger sites, said the report. “Local authorities should support SME housebuilders to navigate the planning process,” it said. In his evidence, to the cross-party committee, last November housing minister Christopher Pincher said the current planning reforms were looking at making the rules more predictable. “This would encourage SMEs to get into the marketplace to develop. They do not have the bandwidth to wait around for a long time, which the present system tends to encourage.” The committee, chaired by Baroness Neville-Rolfe, has said this could be addressed by having ‘pre-packaged’ [planning permissions for small sites](https://www.hankzarihs.com/mortgage-for-land-with-planning-permission/) and providing a fast-track for SMEs. **More SMEs in the market would boost housing supply** The report wants to see the trend of diminishing SME housebuilders reversed and has stressed their importance for fostering diversity and quality. Savills research shows 39 per cent of homes were delivered by SMEs in 1988 compared with just ten per cent in 2020. The Home Builders Federation, HBF, has calculated that returning to the number of home builders operational in 2007 could help boost housing supply by 25,000 homes per year. **The** Federation of Master Builders **chief executive Brian Berry said the government had to reverse decades of decline by listening to smaller local housebuilders.** “More needs to be done to increase land availability, such as identifying small, underutilised sites in local plans. Fast-tracking applications from small builders would make a real difference, as would addressing skills shortages,” he said. Lack of finance was highlighted as another barrier for SME housebuilders who need fast sales turnaround to get cash to build again. The HBF has called for government guarantees to enable loan-to-cost ratios of up to 80 per cent. [Property finance brokers Hank Zarihs Associates](https://www.hankzarihs.com/) said this would help lenders approve more construction loans to the smaller housebuilder. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [New build homes must offer gigabit wi-fi access](https://www.hankzarihs.com/new-build-homes-must-offer-gigabit-wi-fi-access/) **Published:** December 23, 2021 **Author:** Shiraz Khan **Content:** A technical [consultation](https://www.gov.uk/government/consultations/new-build-developments-consultation-delivering-gigabit-capable-connections/new-build-developments-delivering-gigabit-capable-connections) on offering all new homes access to high-speed wi-fi has been announced by the government. Currently, more than two-thirds of premises have access to gigabit-capable networks, up from one in ten back in 2019 with the government aiming for a minimum of 85 per cent. Media, data and digital infrastructure minister Julia Lopez said: “There are still a significant number of house buyers who miss out on getting the best connectivity in their new homes and therefore the huge benefits that this brings.” The government hopes its proposals for new build homes in England will ensure no community is left behind. Builders will have to offer a gigabit-capable connection in all new homes subject to a £2000 cap per dwelling. This will include optical fibre cables, ducts, chambers and termination points. If such a connection is impossible, then the next fastest broadband connection will need to be installed. “Fast and reliable broadband will help owners of new homes throughout the country to live and work more flexibly and will help to support social inclusion and growth,” said Ms Lopez. **Smaller developments and conversions face higher costs** Currently, new build homes without full-fibre, or gigabit connectivity, are mostly developments of less than 30 units as the cost for internet operators to expand the core network is pricy. The new requirements will include mixed-use schemes, conversions of commercial or disused industrial buildings or houses converted into multiple dwellings. Brokers [Hank Zarihs Associates](http://www.hankzarihs.com) said conversions accounted for a major element of SME builders work and the new proposals would increase their costs and potentially the need for instant bridging finance. The consultation will close on 28 February 2022 with legislative amendments to part R of building regulations 2010 happening as soon as parliamentary time allows. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [Buyers’ rights of new homes strengthen with industry code](https://www.hankzarihs.com/buyers-rights-of-new-homes-strengthen-with-industry-code/) **Published:** December 22, 2021 **Author:** Shiraz Khan **Content:** Developers who fail to resolve snagging problems on new homes could see themselves struck off the New Homes Quality Board, NHQB, register. The board has released a new housebuilders code banning high-pressure selling, requiring an after-sale ‘cooling off’ period and protecting the buyer for up to two years after purchase. MP and NHQB chair Natalie Elphicke said the code, which has been five years in the making, would be central to driving up new homes’ standards. “It fills the gaps in existing protections and puts considerably more requirements on builders in terms of how they deal with their customers and any issues that they have with their new home. “Over the coming months, we will work closely with industry to support and help them make the transition to the new arrangements.” Deposits paid to the builder to reserve a new home must be protected, the developer has to provide details about tenure and future management service charges during the sales process. **Snagging issues must be dealt with promptly** The code also requires a home is complete before the buyer can move in and allows customers to ask a professional to carry out a pre-completion inspection. Builders must have an after-care service to deal with any snagging problems and a complaints process that responds to the new homeowners promptly keeping them informed throughout. If a customer is dissatisfied with how their complaint is dealt with, they can refer their case to the independent new homes’ ombudsman service. Brokers [Hank Zarihs Associates](http://www.hankzarihs.com) said development finance lenders backed the code as it would help create a level playing field for smaller developers who were less likely to engage in high-pressure sales practices. The new voluntary code follows concerns over the decade about the quality of new homes as highlighted by an all-party MPs [report](https://cic.org.uk/admin/resources/cic-bookpdf-print-version.pdf) in 2016 flagging up housebuilder failings. Consultation on the code was widespread with 250 responses from consumers and other stakeholders resulting in 400 detailed changes being made to produce the final version. The NHQB said it was committed to reviewing the code as the new arrangements are implemented and ombudsman adjudications are made. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [SMEs most affected by supply chain issues due to Omicron](https://www.hankzarihs.com/smes-most-affected-by-supply-chain-issues-due-to-omicron/) **Published:** December 22, 2021 **Author:** Shiraz Khan **Content:** Supply chain problems are expected to resurface in the New Year due to Omicron’s effect on production and operations, the Construction Leadership Council, CLC, has [warned](https://www.constructionleadershipcouncil.co.uk/news/construction-product-availability-statement-9/). The CLC fears SME builders working on improvements, domestic repair and maintenance where clients want price certainty will be most affected. In a joint statement Builders Merchants Federation chief executive John Newcomb and Construction Products Association chief executive Peter Caplehorn said: “It is essential to maintain open lines of communication throughout the supply chain. We encourage all sectors to continue to work closely and collaboratively to manage challenges and plan future work.” Bricks and blocks are still in short supply with imported products helping to meet a shortfall in UK capacity until new lines come on stream in 2023 and 2024. Consistently high demand for blocks over the last 19 months has made it difficult for manufacturers to build stock levels to offer regular supply throughout the year. Roof tile demand remains high with lead times averaging 24 weeks while tongue and groove timber remains in short supply. **Port congestion forecast in 2022** The CLC’s product availability working group warned continuing congestion in UK and Scandinavian ports could lead to reduced timber supplies and higher prices in the first quarter of 2022. Global shipping delays and volatile prices are expected to continue into 2022, said the group. It said added that performance issues at Felixstowe had meant some major shipping lines from Asia were diverting to smaller UK ports. But lorry driver shortages are expected to have less of an impact in 2022 as training initiatives, grants, better pay and working flexibility have made it easier to attract staff. Brokers [Hank Zarihs Associates](http://www.hankzarihs.com) said development finance lenders would be encouraging SME builders to factor this into their business plans and borrowing needs. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [New homes must show 30 per cent cut in carbon emissions](https://www.hankzarihs.com/new-homes-must-show-30-per-cent-cut-in-carbon-emissions/) **Published:** December 16, 2021 **Author:** Shiraz Khan **Content:** All new buildings must reduce their greenhouse gases by nearly a third under new building regulations which will come into force in [June](https://www.gov.uk/government/organisations/department-for-levelling-up-housing-and-communities). Under the rules, carbon emissions from new build homes must be 30 per cent lower than current standards and other new buildings such as offices and shops must be 27 per cent lower. Housing minister Eddie Hughes said the regulations were an important step towards 2025’s future homes and building standards where all [new homes](https://www.hankzarihs.com/new-build-developer-loans/) must be net-zero ready. “The changes will significantly improve the energy efficiency of the buildings where we live, work and spend our free time and are an important step on our country’s journey towards a cleaner, greener built environment.” This means installing solar panels and heat pumps and improving insulation will be critical for achieving the new tougher requirements. New homes, care homes, [student accommodation](https://www.hankzarihs.com/care-homes-finance-commercial-mortgages/) and children’s homes, must be designed to reduce overheating. Improvements to ventilation will be introduced to support residents’ safety in newly-built homes and to prevent airborne viruses from spreading in new non-residential buildings. **Government urged to keep it simple** The National Federation of Builders, NFB, said it supported higher standards but warned against changing the rules every few years. NFB head of housing and planning policy Rico Wotulewicz said: “We’re encouraging our members to go higher than this interim standard as the 2025 future homes standard will move the goalposts again.” The trade body is critical of new part S regulation leaving developers to pay for offsite grid work infrastructure so that new homes have electric vehicle chargers. The Royal Institution of British Architects said the new rules had not gone far enough and should have included energy use regulation to force the built environment to decarbonise at the required rate. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance lenders were keen to give construction loans to SME developers embracing innovation to make their buildings net-zero ready. The government’s announcement on 15th December was in response to the public consultation from January to April over future buildings standards. The new rules have amended parts L relating to energy efficiency and F concerning ventilation and have introduced [part O](https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1040937/ADO.pdf) regarding overheating. There will be a six-month transition period allowing buildings already in the planning process to continue under the previous standards up until the 15th of June when the new rules come in. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [Fuel prices to soar in wake of curbs on Russian oil imports](https://www.hankzarihs.com/fuel-prices-to-soar-in-wake-of-curbs-on-russian-oil-imports/) **Published:** March 9, 2022 **Author:** Shiraz Khan **Content:** **Fuel prices to soar in wake of curbs on Russian oil imports** Business secretary Kwasi Kwarteng has [announced](https://www.gov.uk/government/news/uk-to-phase-out-russian-oil-imports) the UK will phase out imports of Russian oil by the end of the year. Mr Kwarteng said that as the ban was not immediate there would be enough time for supply chain adjustments. “Businesses should use this year to ensure a smooth transition so that consumers will not be affected,” he said. The UK sources 18 per cent of its diesel and eight per cent of oil from Russia. Motoring organisation the RAC said diesel on Wednesday was at a record high of 165.24p a litre on average, up 3p from Tuesday. Petrol was 158.2p a litre, a 2p rise. The National Federation of Builders said the news adds weight to its campaign for the tax break on red diesel to be extended to 1st April 2023. The government has set up an oil task force to work with companies to find alternative supplies and is working with the US and European countries to reduce dependence on Russian hydrocarbons. The US has said it will ban Russian oil and gas immediately and the EU vowed to cut its gas imports by two thirds this year. **Russian gas imports at risk too** The UK only imports four per cent of gas from Russia but the Construction Leadership Council, CLC, said this would be enough to cause sharp price rises in energy-intensive products. These would include devices for lighting and central heating. Although Russia, Ukraine and Belarus account for just 1.25 per cent of building imports knock-on effects on the output of aluminium, copper and iron used to produce steel are expected. Prices are predicted to rise in more exposed European markets reliant on these commodities. The CLC said price inflation due to a shortage of raw materials, rising energy, freight and labour costs was a greater concern than product availability. In a joint statement John Newcomb, Builders Merchants Federation chief executive, and Peter Caplethorn, Construction Products Association chief executive said: “Price increases of five to ten per cent have been announced by many manufacturers so far this year, and energy-intensive products have increased by as much as 20 per cent. Such inflation is proving a root cause of serious difficulties for contractors.” Property finance intermediary [Hank Zarihs Associates](https://www.hankzarihs.com/) said [short term](https://www.hankzarihs.com/short-term-property-loans/) property finance lenders were concerned the situation would make accurate forecasts on revenues of completed building schemes hard. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [Precast concrete foundations win NHBC approval](https://www.hankzarihs.com/precast-concrete-foundations-win-nhbc-approval/) **Published:** March 22, 2022 **Author:** Shiraz Khan **Content:** A greener way of using concrete in housebuilding has gained the thumbs up from the National House Building Council, NHBC. The warranty company has approved Roger Bullivant’s RBeam precast concrete foundation opening the door for getting insurance for more houses built this way. The National Federation of Builders, NFB, housing and planning head Rico Wojtulewicz described it as an important step forward as precast concrete can be re-used. “Concrete is the second most used element after water so it’s not going to go away. But if we can develop positive solutions for using it then that’s a good thing. We’re reducing its impact and increasing its lifespan,” he said. The RBeam is a factory-produced system for [low-rise developments](https://www.hankzarihs.com/how-does-development-finance-work/) with a range of piled foundation techniques for different soil types and ground conditions including clay heave situations. **Precast concrete’s popularity set to rise** Bullivant’s foundation systems director Richard Taylor said: “This approval brings customer confidence and improved productivity on site. We also recognise it as an important achievement in the progression of offsite manufacture in the [residential](https://www.hankzarihs.com/residential-bridging-loan/) market.” NHBC’s innovation manager, Richard Lankshear, said approval under the ‘accepts’ service for modern methods of construction products meant reducing the risks of delays on site. “This will play a critical role in ensuring [developers](https://www.hankzarihs.com/development-exit-finance/), manufacturers, lenders, and consumers have faith and confidence in the quality of new homes built with innovative forms of construction,” he said. Detailed and robust technical reviews of design, manufacture and construction are conducted before a product is certified and given the ‘accepts’ logo. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance lenders would be reassured to lend to housebuilders using prefabricated methods that had received ‘accepts’ seal of approval. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Uncategorized --- ### [Mega-poll launched to battle soaring insurance premiums](https://www.hankzarihs.com/mega-poll-launched-to-battle-soaring-insurance-premiums/) **Published:** March 28, 2022 **Author:** Shiraz Khan **Content:** The construction industry is rallying forces to address rising personal indemnity insurance premiums with a mega-poll of building firms. It wants to provide the government with evidence to a campaign for support in this area, particularly for SMEs who struggle to get cover in an increasingly risk-adverse market. Construction Leadership Council professional indemnity insurance group lead Samantha Peat said: “We are heading into another difficult period with the cost of energy and building supplies increasing and our sense is that the problems around professional indemnity insurance cover for cladding and fire safety are no better.” She added her organisation was engaging with the government and insurers to help companies facing an uncertain future due to the cost of professional indemnity insurance renewals. “We want businesses from across the industry to give us their views – whether you are affected or not – to help us shape the way we prepare a response from the whole sector,” she added. More than 1,000 firms took part in last year’s survey where respondents said premiums had nearly quadrupled. Nearly two-thirds said there was some form of restriction on cover for cladding or fire safety. More than a quarter said they had lost work because of inadequate insurance cover. [Property finance intermediary Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance lenders were keen to see the spiralling costs faced by SME builders brought under control and this included overheads such as insurance. The survey is confidential and companies from across the built environment can participate at: until 29th April. **Tax on diesel up by 47p a litre** Chancellor Rishi Sunak’s mini-budget yesterday brought some relief to SMEs with the lifting of VAT for energy-efficient home improvements and products such as solar panels and heat insulation. He also announced business rates exemptions for companies investing in green technology such as solar panels and battery storage would be brought forward by 12 months to the 1st of April this year. But there was disappointment that the call to defer scrapping of tax exemption on red diesel had fallen on deaf ears. National Federation of Builders chief executive Richard Beresford said: “The decision not to delay this will hurt businesses at the time when they most needed respite from rampant inflation”. Mr Beresford said this meant the cost of diesel would effectively rise by 47p per litre. He said the levy of a further one and a quarter per cent on national insurance contributions when inflation is forecast to rise by more than seven per cent exerted unprecedented pressure on businesses. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Uncategorized --- ### [Construction orders show fastest rise in seven months](https://www.hankzarihs.com/construction-orders-show-fastest-rise-in-seven-months/) **Published:** April 6, 2022 **Author:** Shiraz Khan **Content:** Building output was boosted by sustained rise in new work across the board according to the Construction Purchasing Managers index for March. The latest reading of 59.1 was unchanged from February and well above the 50 mark that separates expansion from contraction. The index revealed the joint-fastest rate of output growth since June 2021 boosted by the highest level of new orders since August last year. Commercial work was the best-performing segment with an index reading of 60.8 due to projects restarting following the roll back of pandemic restrictions. Chartered Institute of Procurement & Supply group director Duncan Brock said: “But [residential building](https://www.hankzarihs.com/residential-bridging-loan/) became the laggard of the pack as affordability concerns were a factor in holding back progress particularly in new housing and [refurbishment work](https://www.hankzarihs.com/refurbishment-finance/).” Recoveries in residential work lost momentum in March with a reading of 54.9 and 56.3 for civil engineering. **Deliver wait times climb** A third of supply chain managers reported longer wait times for deliveries and sharp inflation rises as transport and raw material cost went up. The overall rate of input price inflation accelerated sharply since February and was the highest for six months. “Construction companies are braced for more disruption on the horizon as a result of the Ukraine conflict. The rise in purchasing demand fed into higher costs for materials already in short supply as energy hikes also impacted on business costs,” said Mr Brock. Input buying rose at the steepest pace since July 2021, driven by a combination of stronger demand and efforts to build stocks where possible. S&P Global economics director Tim Moore, whose company compiles the survey, said: “Business optimism slipped to its lowest since October 2020 on concerns that clients will cut back spending in response to rising prices and heightened economic uncertainty.” [Property finance intermediary Hank Zarihs Associates](https://www.hankzarihs.com/) said despite economic uncertainty tender opportunities and resilient customer demand meant development finance lenders were keen to offer construction loans to builders. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [Housebuilders worried focus on solar panels could up development costs](https://www.hankzarihs.com/housebuilders-worried-focus-on-solar-panels-could-up-development-costs/) **Published:** April 14, 2022 **Author:** Shiraz Khan **Content:** Housebuilders could be lumbered with extra infrastructure costs if solar panels become mandatory [for new developments](https://www.hankzarihs.com/how-to-get-into-property-development/), the industry fears. The National Federation of Builders, NFB, has criticised the government’s energy strategy, published last week, for focusing on the increasing use of solar panels rather than wind turbines. Housing and planning policy head Rico Wojtulewicz said: “Solar panels will raise costs. You have to get a qualified person to install them. They’re not just an add on, as they require grid reinforcement, smart systems or home energy storage, and a change of electrical supply system.” He stressed moving from gas to electricity for powering heating and vehicles would entail upgrading the grid from single-phase to three-phase capacity. Potentially, this could mean that a development of 20 homes might cost an extra £100,000 to deliver. [Property finance intermediary Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance lenders were worried that SME builders could be faced with unsustainable costs if asked to invest in infrastructure upgrades. The NFB is disappointed the government’s strategy did not harness greater use of onshore wind turbines – one of the cheapest forms of renewable energy. “A small wind turbine, for example, could generate enough energy to power 12 homes. We offered the government the chance to pilot this with our members’ housing schemes but they chose not to explore the offer.” **Wind turbines held back by existing planning law** Mr Wojtulewicz described the government’s decision to shy away from changing planning law to facilitate onshore wind turbines as a lost opportunity. He said prioritising onshore wind turbines in the energy strategy would have given British companies more certainty to invest in this type of technology. Prime minister Boris Johnson’s foreword in the strategy paper acknowledges that while wind turbines can be up and running in 24 hours getting licences and permissions can take years. The strategy paper has said it will explore developing local partnerships for a limited number of communities prepared to host an onshore wind turbine in return for lower energy bills. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [SMEs to pay for remediation work on homes they didn’t build](https://www.hankzarihs.com/smes-to-pay-for-remediation-work-on-homes-they-didnt-build/) **Published:** April 14, 2022 **Author:** Shiraz Khan **Content:** SME housebuilders are furious about being forced to pick up the tap for remediating unsafe tower blocks – a type of property they don’t build. Housing secretary Michael Gove’s announcement to extend the building safety levy to all housebuilders to raise a further £3bn for remediation has come as an unpleasant shock. National Federation of Builders housing and planning policy head Rico Wojtulewicz said: “We’re livid. It’s completely out of the blue. They have thrown our smaller members under a bus.” The Home Builders Federation, HBF, whose members include larger firms, agrees it’s unfair that smaller housebuilders will have to pay to resolve a problem they didn’t create. They argue the levy is counterproductive and will be yet another hindrance to [building new homes](https://www.hankzarihs.com/new-build-developer-loans/). HBF executive chairman Stewart Baseley said: “Any further levy is not proportionate and poses a serious threat to businesses, jobs, investment in new sites, housing supply and affordable housing provision.” [Property finance intermediary Hank Zarihs Associates](https://www.hankzarihs.com/property-development-finance-broker/) said development finance lenders felt the levy should be revised to exempt SME housebuilders who are struggling in a difficult economic environment to stay afloat. HBF is angry the government is not going to pursue [foreign](https://www.hankzarihs.com/foreign-national-mortgages/) companies who build here to pay the levy. “Saying it’s too hard to get contributions from other parties is unacceptable and is an affront to UK businesses who employ hundreds of thousands and pay billions in UK taxes,” said Mr Baseley. The HBF estimates there are 8,000 tower blocks, eleven to 18m, that need remediating but that UK builders are responsible for constructing less than ten per cent of them. **Product manufacturers who don’t pay up face legal action** The government has reached an agreement where the industry will contribute £5bn to addressing building safety with over 35 large homebuilders committing £2bn to fix their own unsafe high rises. Levelling up secretary Michael Gove is hailing this as a victory for leaseholders who will no longer have to take a 30-year loan to pay for the work. Mr Gove said: “This is just the beginning. We will do whatever it takes to hold industry to account, and under our new measures there will be nowhere to hide.” Sanctions against those who refuse to sign up to the agreement include blocking planning permission, withdrawing help-to-buy and the ability to tender for Homes England contracts. Mr Gove has written to the Construction Products Association, CPA, criticising manufacturers for failing to commit to the agreement. In his letter, he said he will make sure they contribute to remediation costs including pursuing reluctant payers through the courts. The CPA said it had been working with cladding and insulation members to contribute to a cladding remediation fund and agreed it was “unacceptable” for tenants and homeowners to foot the bill. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [Collaborate to avoid supply chain crisis in the wake of Ukraine war](https://www.hankzarihs.com/collaborate-to-avoid-supply-chain-crisis-in-the-wake-of-ukraine-war/) **Published:** April 14, 2022 **Author:** Shiraz Khan **Content:** Steel, bitumen, cast iron, rebar and timber supply issues along with rising cement, bricks and blocks and glass costs are likely impacts of the conflict in Ukraine. The Construction Leadership Council, CLC, is urging contractors and suppliers to work together to overcome these problems. Arcadis partner and CLC member Simon Rawlinson said: “We hope to help companies navigate through these current challenges with guidance and points to think about, supporting firms in what could be a challenging period for the sector.” The CLC has said construction enterprises at all scales, from the largest tier one contractor to the smallest repair and maintenance specialist are affected. Although the UK imports less than two per cent of construction materials from Russia, Ukraine and Belorussia it is dependent on European manufacturers sourcing from these markets. Russia’s copper and timber enters the UK supply chain via EU processing companies which are affected by supply issues and rises in wholesale energy prices. **Inflation risk should be spread through supply chain** Manufacturing shutdowns because of uneconomic operations due to high energy costs are expected. Disruption to pricing models and short-term requirements to secure raw materials at spot market prices are also predicted. The CLC has produced guidance notes for contractors, sub-contractors and clients to help the building industry manage the crisis caused by Russia’s invasion of Ukraine. It is advising sharing the risk of inflation through the supply chain making future projects more resilient. It argues collaboration will improve transparency and information quality, supporting better decision making. [Property finance Brokers Hank Zarihs Associates](https://www.hankzarihs.com/) said identifying potential problems and planning ahead would be something development finance lenders would be keen to see. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Uncategorized --- ### [Lyn Garner to step up housebuilding on GLA land](https://www.hankzarihs.com/lyn-garner-to-step-up-housebuilding-on-gla-land/) **Published:** April 20, 2022 **Author:** Shiraz Khan **Content:** London’s mayor Sadiq Khan has appointed Lyn Garner to oversee the capital’s housing delivery on land the authority owns. Ms Garner will offer strategic oversight on building new homes on Greater London Authority Group, GLA Group, land which includes Transport for London and the London Fire Brigade. “There’s huge potential and a genuine commitment among all involved to use our landholdings to tackle London’s housing crisis,” said Ms Garner who will continue as London Legacy Development Corporation chief executive. Her appointment follows the publication in February of Lord Bob Kerslake’s review into the GLA Group which recommended greater collaboration across teams within the organisation. It also called for more partnerships with London’s wider [property development](https://www.hankzarihs.com/how-to-get-into-property-development/) sector plus a more unified approach to small sites. The review advised Mr Khan to hold fire until the next mayoral term on his 2021 manifesto pledge to set up a city hall developer. “It’s vital we maximise the number of genuinely affordable homes built on land owned by the GLA Group. Lyn Garner is well placed to coordinate the changes required to improve collaboration and speed up the delivery of much-needed homes for Londoners,” said Mr Khan. **High proportion of new homes must be affordable** Since 2016, the group has started construction on more than 17,000 homes on GLA land of which 6,000 were affordable. The number of new homes completed in London reached a record high in 2019-20 followed by a dip in 2020 due to the pandemic, planning delays, labour shortages and material costs. The GLA has calculated London needs 66,000 new homes a year, of which half should be affordable, with the Mr Khan setting a target of 52,000 new homes a year in the 2021 London plan. [Property development finance intermediary Hank Zarihs Associates](https://www.hankzarihs.com/property-development-finance-broker/) said that development finance lenders would like to see the small sites service offer resources to support bidding rounds. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [Smaller builders call for clearer guidance on looming new regs](https://www.hankzarihs.com/smaller-builders-call-for-clearer-guidance-on-looming-new-regs/) **Published:** May 9, 2022 **Author:** Shiraz Khan **Content:** More than half of SME builders feel unprepared for imminent changes in building regulations to improve energy efficiency, claims the Federation of Master Builders, FMB. New rules on ventilation, conservation of fuel and power, overheating and infrastructure for charging electric vehicles come into force on the 15th of June. FMB chief executive Brian Berry said: “Over 50 per cent of small, local builders are not yet prepared or are not aware of the changes. This puts them at real risk of delivering new homes or projects that fall short of the new regulations.” Mr Berry described the latest practical guidance on the changes as complex and difficult for ‘time-poor’ smaller builders to get their heads around. “We are urging the government to provide clear guidance to help make sure small builders are informed of the changes.” **Repairs, maintenance and improvement sector up against it** He said this was especially important as the repairs, maintenance and improvement sector would be hit on the first day of changes, 15th June. Those in the housebuilding sector who submit plans before that date have one year to construct their development under the existing rules. The changes are interim measures ahead of the future homes and building standards expected in 2025. Property finance intermediary [Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance lenders backed the campaign for the government to make guidance clearer for SMEs so they could build with confidence. The concern among smaller builders about the new regulations was a key feature in the FMB’s latest quarterly state of the trade survey. Rising prices and material costs were also a major concern for respondents. Nearly all the FMB members, 98 per cent, reported an increase in material costs with 61 per cent experiencing a rise in wages and salaries. About four out of five said they had increased their charges for work. Although the FMB has welcomed the scrapping of [VAT](https://www.hankzarihs.com/vat-loans/) on energy-efficient improvements on the 1st of April, it would like to see this extended to all repairs and maintenance work. “Removal of VAT on all repairs and maintenance jobs, would lower costs for consumers ensuring work doesn’t drop off for builders,” said Mr Berry. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [Custom and self-build demand soars in face of modest permissions increase](https://www.hankzarihs.com/custom-and-self-build-demand-soars-in-face-of-modest-permissions-increase/) **Published:** May 11, 2022 **Author:** Shiraz Khan **Content:** The number of individuals registering to construct a self-build or custom house rose by a third while permissions granted increased by just seven per cent. Government [statistics](https://www.gov.uk/government/publications/self-build-and-custom-housebuilding-data-2016-2016-17-2017-18-and-2018-19/data-release-self-build-and-custom-housebuilding-data-2016-to-2020-21) show 12,263 individuals joined local councils’ custom and self-build register between 31st October 2020 and 30th October 2021 – a 31 per cent year-on-year increase. And 157 new groups joined the register – a 12 per cent rise on the previous year. However, councils granted just 8,309 planning permissions for service plots reflecting a modest seven per cent year-on-year rise. National Custom and Self-Build Association, NaCSBA chief executive Andrew Baddeley-Chappell said: “These numbers remain far short of the numbers that reflect underlying demand here in England, and the delivery rate in every other developed country. There are many reasons for this. Awareness of the registers remains low, and barriers to joining in many cases too high.” He said some authorities charged to be on the register such as Three Rivers District Council which asks for £725 to join and remain on the list for three years. Mr Baddeley-Chappell also called into question the accuracy of the registers with a lack of clarity over how to record suitable permissions. “We estimate around 20,000 entries have been wrongly removed from registers. The reality is that the percentage of homes on small sites has halved in the last 10 years.” **More small service plots required** Mr Baddeley-Chappell told *Housing Today* that councils were not bringing forward enough plots with permission to meet registered demand. He said there was a tendency to favour granting permission for larger sites and those marked on local plans. Lack of resources and land to give for self-build and custom plots was a problem. Authorities often had to acquire plots indirectly on the edge of another development which could be difficult, he said. The NaCSBA wants the self-building and custom housebuilding regulations of 2016, requiring councils to register individual and group interests, to be reviewed to sanction poorly performing authorities. Last summer the Bacon Review recommended raising awareness about custom and self-build as well as ironing out tax and planning issues. The review estimated the sector could deliver 30,000 homes annually if its measures were implemented. [Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance lenders were keen to see this type of housebuilding becoming more popular in the UK as it would stimulate SMEs and design innovation. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [New build homes in London bounce back](https://www.hankzarihs.com/new-build-homes-in-london-bounce-back/) **Published:** May 19, 2022 **Author:** Shiraz Khan **Content:** New homes in London recorded a 51 per cent year-on-year increase according to the National House Building Council’s, NHBC, registration figures for the first quarter of 2021. Wales saw an 84 per cent rise followed by 65 per cent for the East Midlands and 52 per cent for the West Midlands. Northern Ireland experienced an eight per cent decrease and [Scotland](https://www.hankzarihs.com/bridging-loans-scotland/) a six per cent drop. Overall, the volume of new homes registered was up by a quarter to 45,991 compared to 36,665 for the same period in 2021. NHBC chief executive Steve Wood said: “We have seen a strong start to the year reflecting a reasonably buoyant new build market and strong forward sales.” New home registration rose for every type of house with detached homes at 16,090 – a 20-year high as housebuilders responded to demand for extra space as many people continue to work from home. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said demand for [construction loans among the SME](https://www.hankzarihs.com/construction-loans/) sector was strong with [property development finance](https://www.hankzarihs.com/property-development-finance-broker/) lenders still offering competitive rates. **The private sector fuels growth** Private sector registrations grew by nearly a third to 31 per cent at 35,134 as builders responded to [high demand for new homes](https://www.hankzarihs.com/new-build-developer-loans/). There were also gains in the rental sector, up ten per cent to 10,857, driven in part by the growth in ‘build to rent’. However, new home completions saw a slight decrease of four per cent to 31,874 with some disruption caused by materials’ shortages and supply chain challenges. “Material and labour supply shortages continue to be a challenge, but this is now being managed by housebuilders as ‘the new normal’,” said Mr Wood. “Inflationary pressures and the strain on household budgets may yet impact market activity, with this likely to be dampened by continued strong demand in both private sale and rental sectors.” ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [New help-to-buy loan deadline wrong-foots developers](https://www.hankzarihs.com/new-help-to-buy-loan-deadline-wrong-foots-developers/) **Published:** May 31, 2022 **Author:** Shiraz Khan **Content:** Thousands of [first-time buyers](https://www.hankzarihs.com/hmo-mortgages-for-first-time-landlords/) will miss out on a help-to-buy loan due to the government introducing a new deadline for reserving a property by the 31st of October. Originally consumers could reserve a home by the end of December if the new building was completed by the end of March 2023. Home Builders Federation, HBF, policy director David O’Leary said: “Some developers were planning on keeping plots to come to fruition by the end of the year. They are shocked and disappointed in the way this had been communicated to them.” Mr O’Leary said the government had left it to the ‘last minute’ to tell HBF members about the new deadline via an email less than two weeks ago. A government spokesperson said Homes England had written to 4,000 housebuilders on the 17th of May informing them about the deadline for new applications. The agency then revised its loan guideline website on the 20th May updating help to buy agents the week beginning the 16th of May. **New deadline will give homebuyers more time** “When the scheme closes at the end of March 2023 homebuyers must have legally completed on their home. The deadline for new applications is at the end of October to ensure consumers have enough time to complete their purchase including finalising conveyancing etc,” she said. Finance brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance lenders were surprised by the news and this would have an impact on the number of homes built at the end of the year. The help to buy scheme enabled borrowers to take an equity loan of up to 20 per cent of the cost of a new build home, up to 40 per cent in London, and use a deposit of 5 per cent to buy a property. Last April the government restricted the initiative to first-time buyers introducing price caps of 1.5 times the value of the average first-time buyer property. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Uncategorized --- ### [Housebuilders call for greater accuracy in river pollution rules](https://www.hankzarihs.com/housebuilders-call-for-greater-accuracy-in-river-pollution-rules/) **Published:** June 1, 2022 **Author:** Shiraz Khan **Content:** Overestimates of the amount of river polluting nutrients housebuilding generates is leading councils to delay 100,000 new homes’ planning applications, claims the Home Builders Federation. A new report by planning consultancy Lichfields shows Natural England’s pollutant methodology to be based on overestimates about the population increase new homes generate. Lichfields senior director Gareth Williams said: “It fails to recognise a significant proportion of these new homes are to meet the requirement of existing residents so have no impact on the overall population and secondly; they then apply an average household size that overestimates future population.” The Homes Builders Federation, HBF, who commissioned the report, wants Natural England’s calculation that each new home generates a population increase of 2.4 people to reflect local differences. The Lichfields report has highlighted that in the initial seven catchment areas affected by nutrients average households are below the national average of 2.35. It added that government statistics forecast a drop in average household numbers to 2.1 to 2.2 by 2039. HBF’s cities director James Stevens said: “We are urging the government to work with us to agree on a proportionate and sustainable solution to ensure housebuilding can resume in the areas concerned. Providing desperately needed new homes delivers significant social and economic benefits for new and existing communities and solutions need to be found.” **Levelling-up territories hit** It estimates that 100,000 new homes are being delayed primarily in Teesmouth and the Cleveland coast region followed by the Broads and Wensum in Norfolk and in the Carlisle area around the river Eden. Finance brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said that housing development was being stopped in key levelling-up territories where lenders were keen to [support SME builders with construction loans](https://www.hankzarihs.com/construction-loans/). Housing development across 74 local authorities in England and Wales has been held up following a European Court of Justice ruling in 2018 known as the Dutch case. The HBF said the government has recognised that agricultural and water companies are largely responsible for the majority of river pollution cases. It claims the urban environment accounts for just four per cent of contamination. Natural England was approached for a comment on the issue. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Uncategorized --- ### [Construction firms shy away from housebuilding due to insurance issues](https://www.hankzarihs.com/construction-firms-shy-away-from-housebuilding-due-to-insurance-issues/) **Published:** June 9, 2022 **Author:** Shiraz Khan **Content:** Nearly a third of construction firms have been forced to switch from housebuilding to other types of work due to inadequate professional indemnity insurance, PII, according to an industry poll. The Construction Leadership Council’s, CLC, survey found SMEs were particularly badly hit by increased premiums and excess levels plus wide-ranging exclusions. Out of the 652 firms that responded to the poll, two-thirds said high-rise residential work accounted for less than five per cent of their workload. CLC PII group chair and managing director of insurance claims firm Wren Managers, Samantha Peat said: “The market conditions for PII cover remain extremely tough for construction firms, particularly SMEs. She added: “In the light of energy price rises and materials inflation, these are worrying times.” Ms Peat said the CLC’s PII group would continue to work with the government and insurers to ease the situation. The CLC is concerned the issue is affecting SMEs’ ability to take on work where fire safety cover is required, to pay their premiums and meet their claim excesses in the event of a claim. **Getting adequate cover in 2022 gets tougher** Nearly half, 42 per cent, said their experience of buying PII was significantly worse than their last renewal. More than one in ten, 12 per cent, had an excess of 21 per cent of their turnover or more compared to four per cent of respondents in last year’s survey. Slightly more respondents, 67 per cent, secured a claim excess of 2 per cent or less of their turnover compared with 64 per cent in 2021. A third of respondents have been declined insurance by three insurers or more, an improvement on 2021’s 44 per cent. Nearly seven out of ten respondents, 68 per cent, had restrictions on cover for fire safety, the same as in 2021. There was a slight improvement in the amount of cover available for ‘anyone claim’ rather than ‘in the aggregate’ – 64 per cent compared to 60 per cent last year. [Intermediaries Hank Zarihs Associates](https://www.hankzarihs.com/) said insurers needed to tailor their policies so that fire safety insurance for detached homes and low-rise buildings was less onerous. The brokerage added this was something that development finance lenders on their panel would welcome. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, homecontanttop, Investment, News --- ### [Builders Seek National Strategy](https://www.hankzarihs.com/builders-call-for-national-strategy-in-wake-of-pms-insulation-pledge/) **Published:** June 20, 2022 **Author:** Shiraz Khan **Content:** Boris Johnson’s announcement to insulate more homes to protect people from the cost-of-living crisis has added weight to adopting a national green retrofit strategy claims the building industry. They argue that a proper assessment of householders’ homes first to decide what remedial action is appropriate should happen before insulating a property. “For example, there’s no point rolling out Icynene spray foam Insulation in a property which has a cold roof as this would cause long-term damage and the product itself isn’t always welcomed by mortgage company surveyors,” said Rico Wojtulewicz, National Federation of Builders, NFB, housing and policy head. The industry has been calling for green retrofit passports where a qualified tradesperson would assess a home and offer a bespoke improvement plan. “They would act as a precursor, or partner for the industry-led strategy, which identifies a roadmap through finance, policy, training and innovation, in how we retrofit the UK’s 28m existing homes,” said Richard Beresford, NFB chief executive. **Poorer households would be prioritised** The prime minister wants to focus on helping poorer households by diverting money from existing initiatives such as the £1bn public sector decarbonisation scheme, reports *The Times*. The plans are for the government to top up ‘energy company obligation’ levied from bills to fund energy-efficiency steps for poorer households. The idea is that this could be extended to middle-income households providing they are willing to contribute. The energy company obligation scheme has installed 821,200 energy-saving measures in people’s homes since starting in 2013. In the second quarter of 2021, the scheme resulted in lifetime bill savings of £921m. Brokers [Hank Zarihs Associates](http://www.hankzarihs.com) said a national strategy would boost the repair and maintenance sector and this was an area where [lenders were to offer refurbishment finance](https://www.hankzarihs.com/refurbishment-bridging-loan/) and development finance. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [Manchester region pledges to scale up new net-zero homes](https://www.hankzarihs.com/manchester-region-pledges-to-scale-up-new-net-zero-homes/) **Published:** July 4, 2022 **Author:** Shiraz Khan **Content:** Greater Manchester has announced ambitious plans to build 30,000 net-zero homes over the next 16 years through a partnership with the government’s housing accelerator [Homes England](https://www.gov.uk/government/news/homes-england-agrees-strategic-place-partnership-pilot-with-greater-manchester). The homes are part of a broader social, environmental, and economic vision for the area which covers Bolton, Bury, Manchester, Oldham, Rochdale, Salford, Stockport, Tameside, Trafford and Wigan. Greater Manchester mayor Andy Burnham said: “Right now we have to be creating homes and infrastructure that are fit for a better future, and our ambition is to deliver 30,000 good quality, truly affordable net zero carbon homes by 2038. “This means unlocking brownfield land for regeneration and ensuring that development supports sustainable growth throughout the city-region.” Homes England is also piloting a partnership with the Association of South Essex Local Authorities, ASELA, covering Basildon, Brentwood, Castle Point, Rochford, Southend-on-Sea and Thurrock. The partnership aims to transform housing and regeneration in the area where Homes England said there was a need for strategic and tactical interventions to increase delivery rates. ASELA chair Cllr Chris Hossack and Leader of Brentwood borough council, said: “It will support our vision for south Essex as a place where communities can thrive and where new homes come hand in hand with new jobs and regeneration of our town centres and high streets.” Homes England chief executive Peter Denton said: “This new model of partnership is our way of responding to the most ambitious places where there is a significant opportunity and a need to partner more closely.” **Strategic groups need planning powers** The National Federation of Builders, NFB, said the partnerships were a positive move but added that Homes England and strategic groups needed to have greater planning powers. “If one local authority feels it is getting a raw deal, or is worried about losing votes, the whole strategy may fall apart or need to change and that highlights the barrier of solving a national crisis with a localist agenda,” said Rico Wojtulewicz, NFB housing and planning policy head. The NFB is backing a cross-industry campaign launched yesterday by *Housing Today* calling on the government to re-commit to its manifesto pledge of building 300,000 homes a year by the mid-2020s. The campaign will look at planning funding, uncertainty over planning reform, the difficult funding environment for housing associations and the lack of SME housebuilders in the market. Brokers [Hank Zarihs Associates](http://www.hankzarihs.com/) said development finance lenders would like to see more smaller builders in the market and that compelling councils to offer a small sites list would help SMEs. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [New chancellor urged to reintroduce red diesel to cut building costs](https://www.hankzarihs.com/new-chancellor-urged-to-reintroduce-red-diesel-to-cut-building-costs/) **Published:** July 6, 2022 **Author:** Shiraz Khan **Content:** The new Chancellor Nadhim Zahawi should make re-introducing tax cuts on diesel a priority if he’s serious about tackling construction inflation, claims the National Federation of Builders, NFB. The trade body said it was renewing its campaign to press for red diesel on building sites where the fuel used to receive a 47 pence per litre rebate. NFB’s housing and planning policy head Rico Wojtulewicz said: “With fuel thefts rising and diesel now at over £2 a litre, the chancellor must look at giving industry access to red diesel again for a minimum period of twelve months.” It has been easier to steal fuel now that it is no longer dyed red since the tax rebate was scrapped on the 1st of April. **Alternatives to red diesel are limited** Mr Wojtulewicz added the pandemic had meant non-fossil fuel machinery had not come on stream and alternative fuels were not widely available. “The cost-of-living crisis is pushing businesses into closure. The government doesn’t have many energy-based levers at its disposal but rolling back the awful decision to remove construction and others from accessing red diesel is not only sensible but can be decided overnight through a ministerial statement.” Finance brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance lenders agreed that reducing fuel prices was a key to helping control soaring building costs. However, the treasury defended its decision to scrap red diesel as it accounts for nearly 14m of carbon dioxide emissions a year. Treasury news desk head Sam Clark said: “We recognise too there are unique circumstances currently pushing up prices, which is why in March we introduced the biggest ever cut to all fuel duty rates and we increased the employment allowance.” He added that for firms transitioning away from diesel there is £40m of support available via the department’s red diesel replacement competition. The 47 pence per litre tax rebate on red diesel still applies for certain types of vehicles and machines used for specific purposes in agriculture, horticulture, fish farming and forestry. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [Supply chain issues to drive warehouse construction growth](https://www.hankzarihs.com/supply-chain-issues-to-drive-warehouse-construction-growth/) **Published:** July 27, 2022 **Author:** Shiraz Khan **Content:** New warehouses and infrastructure growth are expected to fuel a rise in construction output by 2.5 per cent for 2022, according to the Construction Product Association’s latest forecast. The trade body predicts the industrial sector, covering warehouses and factories, to rise by 15 per cent for 2022 and nearly ten per cent for 2023. Construction Products Association, CPA, economics director Noble Francis said: “Activity continues to be boosted by the strength of online retailing as well as manufacturers’ need for increased stocks given the persistence of supply chain issues over the last two years.” Infrastructure is also predicted to be a growth driver with output expected to rise by 8.3 per cent this year and 3.8 per cent in 2023. Long-term pipelines of work in regulated sectors such as roads, rail, water and electricity will drive expansion. **Private sector housing faces a slowdown** However, a slowdown in private housebuilding and repairs and maintenance is predicted due to the demise of the government’s help-to-buy scheme in March 2023 affecting mortgage availability. Rising unemployment, planning challenges, the cost of meeting new building regulations plus an increase in materials and labour costs are forecast to constrain the sector. The CPA predicts private housing output to rise by one per cent this year and remain flat in 2023. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said that it was too early to know if private housebuilding output would slow. The brokerage said development finance lenders were waiting to see how a predicted slowdown in UK house price inflation would affect the market. They were also optimistic that [mortgages for buying new homes](https://www.hankzarihs.com/how-to-get-into-property-development/) would continue to be widely available. But the outlook for the construction industry’s third largest sector – private housing repairs and maintenance – looks bleak. The CPA is forecasting activity to fall by three per cent this year and four per cent in 2023 due to reduced consumer confidence and disposable incomes. During the pandemic, output reached a record 20 per cent increase as people improved their homes to create more space. “Private housing repairs maintenance and improvements is the sector most exposed to changes in consumer confidence and real incomes. It is also the sector that is most exposed to materials and products cost inflation, as small contractors are less able to plan and purchase in advance for projects,” said Mr Francis. The CPA said it expected SMEs to be hit the hardest as consumers tightened their belts and become increasingly reluctant to enter contracts without a commitment to the end price. HZA said there was a range of finance options such as [short-term bridging finance](https://www.hankzarihs.com/fast-bridging-finance/) available to help smaller builders deal with fluctuations in material supplies. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Uncategorized --- ### [SME builders frustrated over Rishi Sunak’s stance on new homes](https://www.hankzarihs.com/sme-builders-frustrated-over-rishi-sunaks-stance-on-new-homes/) **Published:** August 4, 2022 **Author:** Shiraz Khan **Content:** PM hopeful Rishi Sunak’s pledge to protect the green belt and focus on delivering new homes on brownfield sites has been described as lacking insight by the construction industry. Mr Sunak has said he wants to [help smaller developers](https://www.hankzarihs.com/how-to-get-into-property-development/) by removing barriers hindering them from building new homes and has pledged to tackle land banking. He also said he would offer funding certainty for planning departments with a ‘balanced approach’ to planning fees. The National Federation of Builders, NFB’s housing and planning head Rico Wojtulewicz said: “Rishi Sunak is doing what all politicians do and saying they want to help SME builders but offering no solutions to do so.” The trade body would like councils to adopt a small sites register and is disappointed that earlier planning reforms for a zonal approach to development have been ditched. Under the *Planning for the Future* white paper, local authorities would have earmarked land for growth, renewal or protection. However, the reforms would have taken away residents’ rights to object to individual planning applications proving unpopular with backbenchers. “These reforms would actually have helped SMEs but not only were they watered down after the government lost a byelection, but all politicians are now walking away from them in case it costs them votes, even if there’s no proof it has,” said Mr Wojtulewicz. **Building on green belt is still necessary** The NFB argues too much building on brownfield sites reduces land available for non-housing needs such as offices, warehouses and hospitals leaving the option of doing without or building on green belt. Mr Sunak’s fears about the green belt are over-exaggerated according to the Centre of Policy Studies. It claims green belt land in England has more than doubled since 1979 covering more than ten times as much land as the country’s bricks and mortar stock. The NFB is unhappy that both Mr Sunak and Liz Truss have abandoned the 2019 manifesto pledge of 300,000 new homes to be built a year by the mid-2020s. “The top-down target was introduced to get more homes built and it broadly worked or highlighted where failure was worst. Getting rid of it is admitting that votes matter more than the housing crisis. Neither candidate is showing any insight that they know how to solve the housing crisis,” said Mr Wojtulewicz. [Hank Zarihs Associates](https://www.hankzarihs.com) said the recent sharp rise in house prices proved demand exceeded supply and that development finance lenders wanted a quicker planning process to enable new homes to be built. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Uncategorized --- ### [Construction industry hopes new PM will cut taxes and shake-up planning](https://www.hankzarihs.com/construction-industry-hopes-new-pm-will-cut-taxes-and-shake-up-planning/) **Published:** September 5, 2022 **Author:** Shiraz Khan **Content:** The [building industry is hoping the new prime minister](https://www.hankzarihs.com/construction-loans/) Liz Truss will cut construction business taxes, reform planning and back green retrofits of the country’s housing stock. The National Federation of Builders, NFB, said Ms Truss and the cabinet should focus on ensuring a healthy pipeline of new work across all sectors. Policy director James M Butcher said: “We want to see continued investment in major infrastructure, public sector capital projects, housing and implementation of a national retrofit strategy to support builders in the domestic sector as well as our net zero ambitions.” The NFB would like the new government to roll back recent tax burdens such as reinstating the ‘red diesel’ tax discount and cutting national insurance contributions. The Federation of Master Builders, FMB, said Ms Truss faced a ‘once in a lifetime opportunity’ to transform existing homes with energy-saving improvements in the wake of the energy crisis. **FMB chief executive Brian Berry said: “**This dire and unsustainable situation requires an immediate commitment to a long-term national retrofit plan to insulate our 29m homes to cut energy consumption and reduce bills.” **Gov’t should back building industry to spearhead a ‘green revolution’** He said a national retrofit strategy would create thousands of new jobs but for it to succeed consumer information on what needs to be done to better insulate homes was needed. The FMB renewed its call for a VAT cut on retrofitting and for the government to work with the building industry to ensure a supply of competent local installers. “The energy crisis needs a green revolution, but this requires bold leadership, so I’m looking to Liz Truss to deliver,” said Mr Berry. Office of National Statistics, [ONS](https://www.ons.gov.uk/businessindustryandtrade/constructionindustry/bulletins/constructionoutputingreatbritain/june2022), figures show the construction industry is facing an uncertain future. There was a ten per cent drop in new construction work for the second quarter compared with the first. The main contributors to the decline were private new housing volumes down by six per cent and a 4.5 per cent reduction in private commercial new work. Private new housing volume slumped by more than six per cent with private commercial new work decreasing by 4.5 per cent. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com) said development finance lenders wanted to see a more efficient and faster planning process to help smaller builders compete. The brokerage added if the government got behind a national retrofit strategy, then this would create new jobs providing an incentive to invest in skills. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [New home completions reach pre-pandemic levels](https://www.hankzarihs.com/new-home-completions-reach-pre-pandemic-levels/) **Published:** August 10, 2022 **Author:** Shiraz Khan **Content:** Housebuilders completed 40,289 new homes in the second quarter of 2022 – a 16 per cent year-on-year increase, according to the National House Building Council, NHBC, figures. Private sector completions saw a 23 per cent year-on-year at 29,963 but affordable and rental sector completions stayed flat at 10,326. NHBC chief executive Steve Wood said: “Our latest figures demonstrate that output from the new homes market has made a solid return. “At this stage, we are not seeing evidence that the cost-of-living crisis or risks of recession are affecting consumer demand, whilst registration levels reinforce continued confidence within the sector.” Eleven out of 12 UK regions saw growth in the number of new home completions, with the Northeast leading the way with 1,781 new homes – a 39 per cent year-on-year increase. The East Midlands came second with 4,117 new homes – a 34 per cent increase with Wales showing a slight decrease of 1,183 homes compared with 1,189 new homes. New plot registrations jumped by 45 per cent in the second quarter to 66,855 as builders rushed to beat the cost of new energy efficiency regulations introduced in June. **Restricting new permissions on land with planning will harm supply** However, housebuilders are concerned that both Rishi Sunak and Liz Truss have said that they will no longer stick to the Conservative party manifesto of building 300,000 new homes a year by the mid 2020s. Particularly worrying for the industry is Mr Sunak’s [requirement that land with planning](https://www.hankzarihs.com/mortgage-for-land-with-planning-permission/) must be built on before permissions can be granted in the same area. The National Federation of Builders, NFB, fears smaller developers will be most affected by this approach because most of their sites are typically not allocated. “No new permissions simply shrinks the pool of land which will and can come forward and therefore encourages large, slow to deliver sites to be allocated to meet demand need,” said the NFB’s housing and planning head Rico Wojtulewicz. He said it was unclear if the proposed policy targeted landowners and promotors or builders buying options on the site. [Property finance brokers Hank Zarihs Associates](https://www.hankzarihs.com/property-development-finance-broker/) said getting planning conditions signed off took time and that development finance lenders were worried land supply would dry up if the policy was adopted. The NHBC offers warranty and insurance for about 80 per cent of new build homes in England and its data is seen as a key indicator of housebuilding activity. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [Builders merchants index reports record-breaking revenue due to inflation](https://www.hankzarihs.com/builders-merchants-index-reports-record-breaking-revenue-due-to-inflation/) **Published:** August 23, 2022 **Author:** Shiraz Khan **Content:** Builders merchants recorded the highest revenue since their building [index](https://www.bmbi.co.uk/wp-content/uploads/2022/08/BMBI-Q2-2022-Report-MASTER-1.pdf) began in 2014 for the second quarter of this year despite a year-on-year drop in sales volume of 11 per cent. The total value of sales for April to June was more than a quarter higher than the same period in 2019 and four per cent greater than in 2021 due to price inflation of more than 17 per cent. [Builders Merchants Federation](https://www.buildersmerchantsnews.co.uk/Price-inflation-drives-Q2-record-merchant-sales-/53846) chief executive John Newcomb said: “The negative effect of rampant inflation is starting to show with escalating input costs across fuel, energy, raw materials and wages impacting production costs and adding to existing material supply issues. “It is plain to see the increase in sales values of building materials during the first half of the year has been driven by price inflation rather than volume growth. Regrettably, this pattern seems set to continue into 2023.” Kitchens and bathrooms sales value surged by 18.5 per cent followed by heavy building materials with a nine per cent rise and decorating recording a seven per cent increase. Timber and joinery products and landscaping were the only two categories out of the 12 which reported slumps in sales value of three and six per cent respectively. **Sales volumes dip amid soaring price rises** GfK senior client insight manager Emile van de Ryst, whose company’s building merchants panel provides data for the index, said: “The second quarter of this year has amplified some of the global difficulties, with the continued Russian invasion and spiralling cost of living issues at the forefront. Unfortunately, no immediate end is in sight as most countries brace themselves for a recession.” Sales volumes for the second quarter of this year were nearly three per cent lower than the same period in 2019, although prices were up by nearly 29 per cent. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance lenders were keen to support SMEs with a range of finance options to see them through the challenges of acute price hikes. However, quarter-on-quarter, sales were up 9.7 per cent compared to the first quarter of 2022. Volume sales were nearly eight per cent higher and prices were up by 1.6 per cent. Like-for-like sales were more than 15 per cent higher in the second quarter, despite three fewer trading days. Seasonal category landscaping was up by more than 37 per cent with heavy building materials sales increasing by more than 12 per cent. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [Prompt payment code for SMEs needs more muscle](https://www.hankzarihs.com/prompt-payment-code-for-smes-needs-more-muscle/) **Published:** August 31, 2022 **Author:** Shiraz Khan **Content:** Large firms should be made to pay SMEs within 30 days of invoice, urges the Chartered Institute of Building, CIOB, in its *Covid-19 and Construction* report. The professional body wants the government to strengthen the prompt payment code, which requires companies to pay SME suppliers within a month. It has highlighted that ‘a mere’ 3,500 companies are signatories to the code because it’s voluntary. The call follows recent CIOB research showing more than half of the 1,400 SMEs surveyed were receiving payment within 40 days during the pandemic. This compares with the Federation of Master Builders’ data in 2017 where less than a third of SMEs were paid within 30 days. Project and programme management consultancy, EEDN’s commercial director Paul Singh said: “The pandemic has increased collaboration and empathy within the industry from clients to consultants and contractors, opening dialogue and reducing the adversarial approach. He added: “We have also seen greater proactivity when it comes to invoicing and payments, with invoices often being settled before the payment period is up. There is undoubtedly still a lot of work to be done but the signs are certainly encouraging.” **Late payment stops builders from embracing change** The report has highlighted that late payment, procuring for the lowest cost and poor risk management have hampered the industry’s ability to change. It said that finance was the largest constraining factor leading to practice changes only when clients or legislation required it. CIOB policy and public affairs officer and report author Daisie Rees-Evans said: “As a result of late payment practices within the industry, these smaller businesses often cannot afford to inject cash into new methods and processes that bring no short-term benefits.” Finance brokers [Hank Zarihs Associates](https://www.hankzarihs.com) said property finance lenders would be able to lend more to smaller builders if it became mandatory for larger firms to pay them on time. The government launched the voluntary prompt payment code in 2008 requiring companies to pay suppliers within 60 days. It strengthened the [code](https://www.gov.uk/government/news/government-tackles-late-payments-to-small-firms-to-protect-jobs) in July 2021 requiring firms to pay smaller companies, those with less than 50 employees, within 30 days. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [New funding aims to spark growth of regional SME housebuilders](https://www.hankzarihs.com/new-funding-aims-to-spark-growth-of-regional-sme-housebuilders/) **Published:** September 23, 2022 **Author:** Shiraz Khan **Content:** A new development finance fund to help regional SME housebuilders thrive has been launched by Newstead Capital in partnership with the government’s housing accelerator, [Homes England](https://www.gov.uk/government/news/homes-england-launches-new-development-finance-fund). Homes England, Greater Manchester Pension Fund and listed wealth manager Mattioli Woods are among a string of investors who have committed £80m to the new lending facility. Homes England chief executive Peter Denton said: “This partnership is our latest intervention to offer SME housebuilders a route to finance that may otherwise be unavailable through traditional means.” He added that his organisation’s investment in the fund signalled the government’s support for accessible and [competitive finance for SME developers across the country](https://www.hankzarihs.com/how-to-get-into-property-development/). The aim is to grow the fund to £300m in subsequent capital raised and deliver £1bn of lending over the fund’s lifetime by bringing in new sources of institutional capital. Newstead Capital chief executive Simon Champ said: “Our fund is the first of its kind. We are providing a conduit for long-term institutional investors to gain access to a market which until now has been out of reach.” Homes England hopes the new fund will diversify lending to SME housebuilders enabling more than 5,000 high-quality, affordably priced and efficient homes to be built as a result. “By empowering smaller regional housebuilders, the fund will help to encourage the creation of sympathetic and environmentally responsible projects while supporting the regional SME house building sector and boosting regional job creation,” said Mr Denton. **Planning rather than lending is the main hurdle** In 1988, SME housebuilders built 39 per cent of new homes, by 2020 this had dropped to 10 per cent according to research by property agent Savills. The National Federation of Builders, NFB, said accessing finance was not the reason why SME developers were going out of business. NFB housing and planning head Rico Wojtulewicz said: “SMEs can get lending, just not at viable rates that cover the two years plus [waiting for planning, especially on unallocated sites](https://www.hankzarihs.com/mortgage-for-land-with-planning-permission/). If the government really wants to help Homes England, it must stop tinkering and give them planning and delivery powers.” Finance brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said it was positive to have a new lender in the market offering [development finance](https://www.hankzarihs.com/development-finance/) especially as the fund offered the chance for investors to get involved. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [Developers needed for a £100m commercial complex on Greenwich Peninsula](https://www.hankzarihs.com/developers-needed-for-a-100m-commercial-complex-on-greenwich-peninsula/) **Published:** October 5, 2022 **Author:** Shiraz Khan **Content:** An opportunity to build a £100m industrial or logistics scheme on land in a prime spot south of the river Thames is up for grabs. The Greater London Authority, GLA’s development arm, Land & Property, is looking for a developer-led team to build on two freehold [sites](https://www.find-tender.service.gov.uk/Notice/027420-2022?origin=SearchResults&p=1) on 75 Bugsby Way on Greenwich Peninsula. London’s mayor Sadiq Khan said: “The site has the potential to deliver three-storeys of industrial accommodation. Soft market testing has demonstrated a strong interest in the site from potential partners.” **Scheme to offer jobs boost for area** The multi-storey development would need to have a wide range of unit sizes and types including SME space providing employment opportunities for the local community. A façade design reflective of the innovative nature of the building would be needed as well as sustainability during and after construction. Achieving the commercial value of the site as well as meeting prospective tenants’ demands are among the key procurement objectives. Menzies Distribution centre is currently based on the 3.38-acre site, but the GLA believes there is potential for more intensive industrial or logistic activity. Khan said a preferred development partner would be selected in spring next year and would be invited to negotiate a 250-year leasehold to the land. A target start date of the summer of 2024 is expected for the project. The successful developer would need to find tenants to generate a return and would be asked to pay at least half of the total £106,943,267 value upon completion. The remaining amount would be due as a variable payment to be settled within five years of finishing the scheme. [Development finance intermediary](https://www.hankzarihs.com/property-development-finance-broker/) [Hank Zarihs Associates](https://www.hankzarihs.com) said the spot was in a key London location with strong links to central London and the M25 making it attractive to development finance lenders to back. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [Lenders should offer lower rates to borrowers buying new homes](https://www.hankzarihs.com/lenders-should-offer-lower-rates-to-borrowers-buying-new-homes/) **Published:** October 12, 2022 **Author:** Shiraz Khan **Content:** Housebuilders are urging lenders to factor in bill savings when offering [mortgages to borrowers buying](https://www.hankzarihs.com/buy-to-let-mortgages/) new energy-efficient homes. Energy performance certificate, EPC, data shows that those who buy a [new build house](https://www.hankzarihs.com/new-build-developer-loans/) will save an average of £2,600 a year on bills compared with buying an older property. Home Builders Federation, HBF, executive chairman Stewart Baseley said: “Energy efficiency is a growing priority for house hunters and the financial savings clearly demonstrate why. “In the face of the cost-of-living crisis, we now need lenders to take these savings into account so that consumers can benefit further through cheaper mortgages.” A UK Finance spokesperson said the decision to reflect a property’s energy efficiency in the pricing of mortgage products would be taken by lenders individually. “The expected energy costs of a property would be included as part of a borrower’s income and expenditure assessment, and this will impact the amount a borrower will be able to borrow.” Nearly 85 per cent of new build homes had an EPC of B or above compared with less than four per cent of existing dwellings. The average new home uses 100 kWh per m2 per year compared with older properties which require an average of 259kWh per m2. HBF research, published in *Watt a Save,* reveals new build homeowners are saving more than £500m on annual energy bills. New build homes emit a third of the carbon of an older property, reducing carbon emissions by over 500,000 tonnes. **Energy savings are a key selling point** Nearly a quarter of respondents in a recent HBF survey said energy efficiency would be a ‘crucial’ factor influencing their next home move. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said making new homes more affordable through lower interest rates would make it easier for builders to sell homes with [development finance lenders](https://www.hankzarihs.com/development-finance/) keen to lend. The HBF said that without the government’s cap on energy bills savings for buyers of new properties would have risen to more than £4,000 a year. “Uncertainty remains as to what happens once the recently announced cap on bills is lifted and, as costs rise, so will the savings that new builds can offer,” said Mr Baseley. Consumer champion Martin Lewis has calculated that once the cap is removed annual energy bills could soar to up to £7,000 a year for the average household. At the moment, the government’s cap of £2,500 per year on a typical household’s energy bills is in place for the next two winters. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [More women and ethnic minorities needed in Scottish construction](https://www.hankzarihs.com/more-women-and-ethnic-minorities-needed-in-scottish-construction/) **Published:** October 6, 2022 **Author:** Shiraz Khan **Content:** A more diverse construction workforce is at the heart of a new equity and inclusion plan launched in [Scotland](https://www.hankzarihs.com/bridging-loans-scotland/) to give the building industry access to a wider talent pool and tackle labour shortfalls. Currently, women account for 2.7 per cent of Scotland’s modern apprenticeships and makeup 15.4 per cent of the workforce with a 23 per cent pay gap. Just 1.6 per cent of those in the building sector are from ethnic minorities compared with 4.3 per cent across Scotland as a whole, according to 2020 annual population figures. **Business minister and Construction Leadership Forum, CLF, chair Ivan McKee** said: “Companies with better records of fair work, equity and inclusion do better, have a healthier and more engaged workforce and demonstrate greater diversity of thought. Fairness and inclusiveness encourage better relations with partners, shareholders, customers and employees.” **Concrete steps planned within next three years** The plan advocates sharing best practices across the sector using data and industry feedback to benchmark progress and develop an industry-wide equity and inclusion plan by 2026. **Arcadis technical director and CLF’s skills and workforce co-chair Emma Dickson said:** “It is critical the industry acts to be more diverse and inclusive. The plan sets out key areas we should focus on to make that happen. Larger construction companies are making improvements, but many SMEs need tangible support to make the changes needed. The next steps will be critical to make sure this happens.” The plan has suggested that larger companies should offer SMEs training support included as a community benefit and offered to their supply chain as part of winning work. The CLF has recommended that a charter and accreditation system be created for companies to adopt and that Scotland should conduct an annual survey to measure progress. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com) said development finance lenders supported greater diversity in the sector given that 33 per cent of construction workers in Scotland were over the age of 50. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [West Midlands reveals grand investment hub designs](https://www.hankzarihs.com/west-midlands-reveals-grand-investment-hub-designs/) **Published:** October 24, 2022 **Author:** Shiraz Khan **Content:** Nearly 19,000 new homes and more than 65,000 jobs could be created in the West Midlands if its application for a [package](https://www.wmca.org.uk/news/west-midlands-submits-investment-zones-bid-to-drive-economic-growth-new-homes-and-jobs/) of investment zones is successful. The region submitted its bid yesterday, October 18, to ministers who have already held discussions with Tees Valley and Liverpool City Region about becoming [zones](https://www.gov.uk/government/publications/investment-zones-in-england/investment-zones-in-england). West Midlands combined authority chair and mayor Andy Street said: “We know that [investment zones](https://www.hankzarihs.com/how-to-get-into-property-development/) can accelerate the delivery of tangible outcomes for local residents – including boosting employment prospects – and so I’m looking forward to working with ministers to get our West Midlands zones established as soon as possible.” The proposals include Coventry Airport, and brownfield land in Dudley, Sandwell, Walsall and Wolverhampton as five separate investment zones creating new housing next to [commercial](https://www.hankzarihs.com/commercial-bridging-loans/) and industrial spaces. The region’s political and business leaders hope £4.7bn would be added to the economy per year regenerating some of the more deprived parts of the West Midlands. Walsall Council leader said: “Our submission puts a huge focus on attracting substantial private sector investment by creating the conditions that will give business the long-term certainty and stability needed to invest. “This, in turn, will speed up the delivery of thousands of the new homes and decent jobs that local people so badly need while building a future-looking economy that benefits all parts of society and the fight against climate change.” **HS2 offers strong transport links for prospective zones** Locations such as East Birmingham and Solihull feature in the West Midlands submission to make the most of the potential offered by the HS2 high-speed rail line. **Birmingham City Council deputy leader Cllr Brigid Jones said:** “The sites we’ve put forward would maximise the economic benefit of HS2 and unlock significant investment. They sit within a wider strategy to address transport connectivity and to improve public services.” She said the submission was aimed at generating jobs and opportunities in areas in the West Midlands with high levels of deprivation and unemployment. Financial brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said the region look set to become increasingly attractive for [development finance lenders](https://www.hankzarihs.com/development-finance/) keen to support building projects in the area. The government announced last month it was inviting bids from 38 combined and upper-tier authorities to become investment zones. These would be places offering tax breaks and simpler planning rules for businesses investing there. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [Lenders press for stamp duty discount to reward green homeowners](https://www.hankzarihs.com/lenders-press-for-stamp-duty-discount-to-reward-green-homeowners/) **Published:** November 2, 2022 **Author:** Shiraz Khan **Content:** Banks have warned that without financial incentives such as a [stamp duty refund](https://www.hankzarihs.com/modern-method-of-auction/) to incentivise people to adopt green retrofits the government won’t meet its 2050 net-zero target. Trade body UK Finance has published a report calling for a national body to deliver retrofitting, grants to upskill tradespeople and improved energy performance certificates. UK Finance chief executive Clive Postings said: “Climate change is upon us and the challenges we face in the 21st century are literally existential. We are no longer ‘at a crossroads’, no longer just able to consider our options. Now is the time for action.” *Net Zero Homes: Time for a Reset* highlights that the UK’s 28m existing housing stock is among the least energy efficient in Europe accounting for 14 per cent of the nation’s total carbon emissions. Despite 85 per cent of people believing climate change is a problem only 35 per cent are adopting or planning to adopt energy efficiency measures. **Costs of energy efficient improvements are a deterrent** Installation costs are a barrier for nearly half of the public with a quarter perceiving the running costs of a low-carbon heating system as too high for them. “The government must bridge this value-action gap if decarbonisation ambitions are to be successful. Financial incentives – grants and subsidies – will encourage consumers to implement energy efficient measures to retrofit homes,” said the report. The Federation of Master Builders, FMB, have been calling for a national retrofit strategy to set out how to make UK homes greener. Both the FMB and the National Federation of Builders, NFB, have said there is an urgent need to upskill existing tradespeople to do the job. The NFB would like to see a green retrofitting passport scheme where trades people would give householders an assessment about what energy efficiency improvements would make a difference. Both the FMB and NFB want a [VAT cut for green renovations](https://www.hankzarihs.com/vat-loans/) and a stamp duty rebate. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said a national scheme where tradespeople were trained on green retrofits would boost SME builders and make it easier for them to gain development and refurbishment finance. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [Construction firms’ thoughts on slashing diesel on sites sought](https://www.hankzarihs.com/construction-firms-thoughts-on-slashing-diesel-on-sites-sought/) **Published:** November 11, 2022 **Author:** Shiraz Khan **Content:** Construction companies are being asked for their views on an industry-wide plan to slash diesel use on building sites by more than three quarters within the next 13 years. Since last year’s COP 26 contractors, plant firms, clients and trade bodies have been working with the Construction Leadership Council, CLC, on a draft zero diesel sites route map published this week. Zero Diesel working group chair and HS2 environmental sciences head of Neil Wait said: “We are reminded of the commitment that our industry gave last year in [Glasgow](https://www.hankzarihs.com/bridging-loans-scotland/). Our promise was to work together to deliver a net-zero [UK construction sector](https://www.hankzarihs.com/construction-loans/). “We can only do that if we have a clear plan to eliminate the carbon emissions from our work. We can now test our proposals to dramatically reduce diesel use with industry and would encourage everyone to play their part in the consultation.” The CLC said it was vital the plan was backed by those delivering change and that the consultation would give firms the chance to say how they can play a part and highlight any challenges. **Two-year target for removing diesel generators on site** Proposals in the draft include an industry fuel-saving tournament, developing hydrogen as an alternative fuel source and improving availability of grid connections to sites. There’s also a target of construction firms reducing machine idling by 15 per cent, a checklist for transitioning to electric plus a catalogue of diesel-alternative plant and efficiency tools. By 2025 the CLC wants all biofuels to be sustainably sourced and for 500 companies to remove diesel generators from their sites. Construction firms have until midnight on 2nd of December to give their [feedback](https://www.surveymonkey.co.uk/r/ZeroDieselRouteMap) on the draft *Zero Diesel Sites Route Map,* after which comments will be used to develop a final version. There are an estimated 300,000 plus of mobile machinery used on construction sites with many requiring an on-site diesel fuelled generator. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said [development finance lenders](https://www.hankzarihs.com/development-finance/) would be keen to support SME builders investing in alternative power sources. Coinciding with COP 27 the National House Building Council, NHBC, has produced a glossary to explain and standardise language associated with carbon and energy for the housebuilding industry. NHBC standards, research and technical competency head Richard Smith said: “For years there’s been inconsistency, which is confusing for both developers and consumers – we want to end this and simplify the language used by everyone.” ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Uncategorized --- ### [Chancellor Urged: Aid SMEs Post Help-to-Buy](https://www.hankzarihs.com/chancellor-urged-to-aid-smes-in-the-wake-of-help-to-buy-ending/) **Published:** November 17, 2022 **Author:** Shiraz Khan **Content:** Housebuilders are calling on chancellor Jeremy Hunt to support SMEs following the demise of help-to-buy where [first-time buyers could access a mortgage at low-interest rates](https://www.hankzarihs.com/new-build-developer-loans/). The scheme, which only required a five per cent deposit, made up nearly half of all sales for many housebuilders in 2020. However, this figure dropped when it was limited to first-time buyers back in April 2021. New help-to-buy applications closed last month with a deadline of the end of March 2023 for completion of sales. The National Federation of Builders, NFB, said it had been pushing the government to improve the scheme rather than scrap it. NFB housing and planning head Rico Wojtulewicz said: “We lobbied the government to reform it to support certain criteria such as higher energy efficient housing, on smaller plot sizes of houses only, or to help specific people who struggle the most to borrow, such as families needing bigger homes or single people.” The Federation of Master Builders, [FMB](https://www.fmb.org.uk/news-and-campaigns/press-releases.html), said the end of help-to-buy could exacerbate an already ‘troubled market’. FMB chief executive Brian Berry said: “We have seen workloads among our house building members drop as the year has progressed and they have seen a drop off in enquiries.” The Office of National Statistics data showed a fall in new housing work from 0.4 per cent in August to minus 0.33 per cent this September. **Targeted tax breaks and more resources for planning needed** The FMB would like tomorrow’s budget to offer greater investment in planning authorities enabling a speedier response to applications made by smaller housebuilders. The NFB has called for the red diesel tax break for on-site machinery to be re-instated given the difficulty accessing the grid and sourcing biofuels. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said [development finance lenders](https://www.hankzarihs.com/development-finance/) were keen to see financial products targeted at making it easier to buy new green builds and properties built by SMEs on small sites. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Uncategorized --- ### [Developers claim land banking amendment is misguided](https://www.hankzarihs.com/developers-claim-land-banking-amendment-is-misguided/) **Published:** November 24, 2022 **Author:** Shiraz Khan **Content:** Changes to the levelling up and regeneration bill allowing councils to withhold [planning consent to developers](https://www.hankzarihs.com/mortgage-for-land-with-planning-permission/) slow to build on a site are counterproductive, claims the industry. They argue that land banking is a myth and that developers are keen to build on sites as soon as possible to gain a return on investment. Home Builders Federation, HBF, planning director Sam Stafford told Construction News: “Repeated independent investigations have concluded that homebuilders do not land bank. “Builders are always keen to get on site as soon as possible and get a return on this investment, but there are many influences over how quickly a site can be built out.” Economic conditions, finance, labour, supply shortages and the new building safety requirements are among the factors affecting prompt delivery. The British Property Federation, BPF, has warned the government that the amendment to the bill could hamper future housebuilding. “I think the amendment means well, but could be counterproductive, in that developers will not want to apply for planning permission until they have all their ducks in a row,” said BPF policy director Ian Fletcher in an interview with Construction News. **Councils guilty of land banking** The National Federation of Builders, NFB, said local planning authorities often allocate sites with outline planning permission but delay giving full planning permission or signing off a site. “If there is so much concern about land banking, perhaps the government should force councils to give up their own copious amount of land, as under their own narrative, it is clearly being ‘banked’,” said NFB planning and policy head Rico Wojtulewicz. [Property finance intermediary Hank Zarihs Associates](https://www.hankzarihs.com/) said it would help SME developers if councils could speed up the planning process and create a small sites list available to smaller local builders. The brokerage added this would make it easier for a wider range of lenders to offer development finance to SMEs. The amendment to the levelling up and regeneration bill requires developers to report annually to councils on their progress. It also gives local authorities the power to block planning proposals from builders who have failed to deliver on the same land. The bill is set to have its third reading in parliament next week. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Uncategorized --- ### [More SME builders at risk of folding if forced to pay to clean up England’s rivers](https://www.hankzarihs.com/more-sme-builders-at-risk-of-folding-if-forced-to-pay-to-clean-up-englands-rivers/) **Published:** November 30, 2022 **Author:** Shiraz Khan **Content:** Housebuilders have hit out at plans to buy ‘nutrient credits’ for building on protected wildlife sites where pollutants such as nitrogen and phosphorus have leached into rivers. They claim many smaller developers will go out of business when the new nutrient mitigation scheme goes live early next year. National Federation of Builders, [NFB](https://www.builders.org.uk/news/truss-is-right-to-challenge-nutrient-neutrality-nonsense/), housing and planning head Rico Wojtulewicz said: “It’s farcical. We are paying for someone else’s mistake.” The building industry claims intensive farming is the real culprit with fertilisers and animal excrement from pig and poultry farms the main cause of river pollution. Home Builders Federation, HBF, said described the £30m government scheme as a ‘wholly inadequate’ solution. Communications director Steve Turner said: “We have over 100,000 desperately needed new homes on hold despite the fact that all parties accept their construction would barely contribute to the nutrients issue.” The Natural England is inviting developers in the Tees region to apply next March to buy credits to build in the area with additional mitigation projects identified over the next three years. Housebuilders maintain the government’s requirement for water companies to improve their waste treatment works to remove nutrients by April 2030 is too long to wait. “Far more decisive and proportionate action is needed to prevent businesses going bust, jobs being lost and further delaying homes for young people and families,” said Mr Turner. Currently, there is a planning moratorium on housebuilding in large swathes of England including parts of the Northeast, Cumbria, Devon, Dorset, Somerset, Herefordshire and southern Hampshire. **Over one in five councils are affected** Property agents Savills calculated back in 2021 that 33,000 new homes a year weren’t being built due to nutrient neutrality rules. It’s estimated this figure has probably doubled as the number of local authorities affected by [nutrient](https://www.hankzarihs.com/) neutrality rules has increased from 32 to 74. [Property finance intermediary Hank Zarihs Associates](https://www.hankzarihs.com/) said [development finance lenders](https://www.hankzarihs.com/development-finance/) were concerned that SME builders were already grappling with extensive overheads without being lumbered with a new tax burden. Nutrient neutrality rules are a result of an EU court of justice decision in late 2018 on the interpretation of the habitats directive. The new nutrient mitigation scheme is an amendment to the levelling up and regeneration bill that went through its third reading in parliament this week. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [Scrapping mandatory housing targets makes ‘levelling up’ an empty phrase](https://www.hankzarihs.com/scrapping-mandatory-housing-targets-makes-levelling-up-an-empty-phrase/) **Published:** December 13, 2022 **Author:** Shiraz Khan **Content:** Giving up mandatory housing targets will harm SME developers and condemn another generation to ‘housing misery’, the National Federation of Builders, [NFB](https://www.theconstructionindex.co.uk/news/view/gove-presses-cma-for-house-building-market-review), has warned. The trade body said compulsory targets had allowed councils to concentrate on sites that could easily be delivered which had helped local SME builders. It claimed that making the targets negotiable would lead to councils concentrating on high-volume sites which take longer to happen. National Federation of Builders, NFB, housing and planning policy head Rico Wojtulewicz said: “We were led to believe that Mr Gove was appointed to ensure Robert Jenrick’s ambitious planning reforms were not lost, yet his first move was to water them down so much that disgruntled Conservative MPs were given a platform to further derail vital change.” Housing secretary Michael Gove struck a deal earlier this week with senior MPs in his party where councils can build fewer homes if they can prove hitting targets would significantly change their area’s character. Currently, each local authority is set a target based on housing needs and their progress is monitored annually through housing delivery tests. “By ending mandatory housing targets, the Government has signalled an end to its housing ambitions and placed backbench MPs’ careers before the national interest. The housing crisis is going to get worse,” said Mr Wojtulewicz. The Home Builders Federation, HBF, agreed describing the new stance on building 300,000 new homes a year by the mid-2020s as ‘vague’. HBF communications director Steve Turner said: “If ministers fail to stand up to the anti-business and anti-development section of the Conservative party it is inevitable that housing supply will fall dramatically, costing hundreds of thousands of jobs, slashing gross domestic product and preventing even more people from accessing decent housing.” **Government misses affordable homes’ targets** His comments coincide with a public accounts committee, PAC, report revealing the government is likely to fall 32,000 homes short of its 2016 and 2021 affordable homes building programme. MPs on PAC are critical of the department for levelling up and housing’s admission that it expects 157,000 new homes will be delivered in its 2021 programme rather than the original target of 180,000. PAC chair Dame Meg Hillier MP said: “The human cost of inaction is already affecting thousands of households and now the building programme is hitting the challenges of increased building costs.” The committee pointed out that in the London area construction costs inflation was running at 15 to 30 per cent. “This does not augur well for ‘generation rent’ or those in desperate need of genuinely affordable homes,” added Dame Hillier. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said [commercial mortgage lenders](https://www.hankzarihs.com/commercial-mortgage-broker/) were concerned that this would make it more difficult for SMEs to build new homes in areas of acute housing shortage. They claim that places within striking distance of London such as the home counties would be particularly affected. The NFB said it would be working with the Labour party to convince them of the need for a small site register and a medium site definition of ten to 50 homes. The trade body would also be calling for accurate, detailed and locally driven housing needs assessments based on the latest technology. Mr Gove has said local decision-making sensitive to constraints and concerns will be given greater emphasis in the forthcoming national planning policy framework out for consultation later this month. “New development must have the support of local communities. That requires people to know it will be beautiful, accompanied by the right infrastructure, approved democratically, that it will enhance the environment and create proper neighbourhoods,” he said. In response to Conservative MP pressure, he has asked the Competition and Markets Authority to do a market study on housebuilding to ensure the sector is competitive and benefiting customers. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Uncategorized --- ### [European testing regime wins reprieve to avert supply chain crisis](https://www.hankzarihs.com/european-testing-regime-wins-reprieve-to-avert-supply-chain-crisis/) **Published:** December 15, 2022 **Author:** Shiraz Khan **Content:** The construction supply industry has won a major victory with the 30-month extension of the CE mark for building products. The government had planned to scrap the European system by the end of the year in favour of its own regime, the UKCA mark, which goes live in January 2023. However, the lack of UK testing labs would have meant a massive delay in products gaining approval. Earlier this week the department of levelling up and housing agreed with business secretary Grant Shapps’ decision to extend the lifespan of the CE mark. Construction Products Association, CPA, chief executive Peter Caplehorn said: “We are pleased to have avoided the potentially catastrophic situation that was unfolding. Still, while this avoids a potential cliff edge there are many business-critical problems that need to be resolved.” Originally the CE mark was to have ended by the end of 2021 but was postponed for another year due to a lack of testing facilities. Back in August last year, the UK had just one testing lab for radiators despite the demand for some 5,000 to be re-tested. Manufacturers of products such as lifts have warned that testing for complex items can take up to three months. “We are keen to continue engaging closely with government and industry to resolve problems as quickly as possible, particularly the practical and commercial factors that are needed to ensure smooth market conditions,” added Caplehorn. **Tandem product standards systems would help** The National Federation of Builders, [NFB](http://www.builders.org.uk/home/), believes the new deadline for the end of the CE mark on 30th June 2025 is still too tight and would prefer another decade before it disappears. NFB housing and planning head Rico Wojtulewicz said: “We don’t have the testing facilities to deliver the UKCA mark. It’s totally incoherent that we can’t use both the CE and UK marks in tandem, that would give us enough time to scale up testing capability.” Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said [development finance lenders](https://www.hankzarihs.com/development-finance/) were already concerned about supply chains and product inflation without product testing delays added to the hurdles SME builders faced. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [New green designs for Scottish homes could hamper delivery](https://www.hankzarihs.com/new-green-designs-for-scottish-homes-could-hamper-delivery/) **Published:** January 11, 2023 **Author:** Shiraz Khan **Content:** Scottish housebuilders claim new design standards based on the German Passivhaus system will hamper meeting the country’s housing needs. [Homes for Scotland](https://homesforscotland.com/#news-events) has said the country has a 100,000 shortfall of new homes accumulated since 2007 and that the government should have prioritised retrofitting existing ones. Public affairs director Jennifer Kennedy said: “New homes are only a small proportion of the overall housing stock and are already highly-energy efficient with further improvements to come through building standards.” She added: “If politicians are serious about tackling fuel poverty and the climate emergency, the focus must be on retrofitting the bulk of existing properties that are predominantly responsible for residential emissions.” Her comments follow the Scottish government’s decision yesterday to adopt Passivhaus-equivalent standards for new homes in its domestic building environmental standards bill. Zero carbon building minister Steve Harvie said: “This is not just about reducing carbon emissions, critical though addressing the climate emergency is; it is also essential if we are to meet the cost of living challenge and remove the vulnerability that people are exposed to through high and volatile fossil fuel prices.” **Government to consult building industry over definition** Mr Harvie said the government would work with the construction sector on defining and delivering the new standards before passing secondary legislation in 2024 to bring them into force. Passivhaus standards include eliminating thermal bridging, using superior windows, mechanical ventilation and heat recovery, plus high-quality insulation and airtight construction. Passivhaus chief executive Jon Bootlalnd said: “The Scottish parliament is to be applauded for taking this crucial step towards meeting their net-zero climate emergency goals. Now we must ensure the bill is well developed and implemented to deliver the greatest impact on the actual performance of [new homes in Scotland](https://www.hankzarihs.com/bridging-loans-scotland/).” [The National Federation of Builders’](https://www.builders.org.uk/home/) housing and policy head Rico Wojtulewicz questioned whether it was the best standard for large-scale delivery. However, he added it was “healthy” Scotland was developing their own way definition. The legislation stems from MSP Alex Rowley’s private members’ bill last year following the Scottish Climate Assembly’s recommendations, where 97 per cent voted for the eco-home measure. Brokers [Hank Zarihs Associates](http://www.hankzarihs.com) said [development finance lenders](https://www.hankzarihs.com/development-finance/) supported design changes to cut carbon emissions as long as the new requirements were feasible regarding supplies and a qualified workforce. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [Housebuilders face a costly hurdle over sustainable drainage](https://www.hankzarihs.com/housebuilders-face-a-costly-hurdle-over-sustainable-drainage/) **Published:** January 20, 2023 **Author:** Shiraz Khan **Content:** Housebuilders have described new rules forcing [developers in England](https://www.hankzarihs.com/how-to-get-into-property-development/) to adopt sustainable drainage systems to prevent flooding as ‘ill thought out’. The government has announced it will amend the flood and management act to make sustainable systems, referred to as SuDs, mandatory on all new housing development by 2024. Currently, SuDs, which typically use soakaways, grassed areas, permeable surfaces and wetlands to reduce pressure on public sewers, are required for developments of ten homes or more. The National Federation of Builders, [NFB](https://www.builders.org.uk/home/), housing and policy head Rico Wojtulewicz said: “Developers are ending up paying for the under investment of the water companies. It will have a real impact on the industry, particularly for the [smaller developer](https://www.hankzarihs.com/development-finance-for-first-time-developers/).” He added that the government should have consulted on the process first before they introduced legislative changes. **Government criticised for hasty action** “The adoption of SuDs and the maintenance and acceptance of the design has not been formulated yet.” He also questioned how the new requirement would fit with nutrient neutrality rules which stop councils in certain areas from allowing developments likely to add phosphates and nitrates into rivers. The Home Builders Federation said the rules would need to align with other new requirements such as biodiversity net gain set to go live this Autumn. Environment minister Thérèse Coffey said the government would have a public consultation later this year on the scope, threshold and process of SuDs. “We want to avoid drainage infrastructure being overwhelmed with the environmental implications of storm overflow discharges, so we can improve and increase biodiversity and habitats,” she said. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com) said development finance lenders were concerned SuDs could result in housing delivery delays especially if the design and verification process was too complex. The new rules follow a government [review](https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1128073/The_review_for_implementation_of_Schedule_3_to_The_Flood_and_Water_Management_Act_2010.pdf) into surface water management released last week by the department for environment, food and rural affairs. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Uncategorized --- ### [A southwest council’s net zero decision will hamper housing supply](https://www.hankzarihs.com/a-southwest-councils-net-zero-decision-will-hamper-housing-supply/) **Published:** January 25, 2023 **Author:** Shiraz Khan **Content:** Housebuilders have branded Bath and North East Somerset council’s decision to ask for all new homes to be net zero as ‘unaffordable’ and ‘undeliverable’ at scale. They argue the council’s [decision](https://newsroom.bathnes.gov.uk/news/council-considers-use-culverhay-site-two-new-schools) cuts across work between industry and the government for all homes to be ‘zero carbon ready’ under future homes standards to go live by 2025. A home is ‘zero carbon ready’ when it can rely on heat pumps and solar panels rather than gas boilers and has an efficient mechanical ventilation system. The National Federation of Builders, NFB, planning and policy head Rico Wojtulewicz said: “It’s going to make homes unaffordable and sites unviable. Industry is happy to move to a net zero standard when it’s ready. But it’s not ready now. This is going to be painful.” **Net zero new homes will be pricier** Mr Wojtulewicz added that ensuring all homes have a battery, solar panels and can be powered off the grid would potentially add up to £20,000 to the cost of a home. The council’s new policy was adopted last week as part of an update to its local plan requiring all [new homes and commercial buildings](https://www.hankzarihs.com/converting-commercial-property-to-residential/) to be completely energy self-sufficient. A second policy to cap carbon emissions from materials used to build [large-scale developments](https://www.hankzarihs.com/how-does-development-finance-work/) to 900kgCO2e/m2 was also introduced. Planning and licensing cabinet member Cllr Tim Ball said: “Adoption of the update ensures our policies are aligned with the latest national policy and put us at the forefront nationally with policies related to the climate and ecological emergencies.” An independent planning inspector has approved the new plans adopted by a special meeting of the full council last week. Cornwall council has developed a similar plan for adoption in February. The government’s housing and levelling up department was contacted to find out if the council’s decisions to adopt a net zero policy for new housebuilding would be legally enforceable. However, the department was unable to provide a response at the time of writing. [Property finance intermediaries Hank Zarihs Associates](https://www.hankzarihs.com/) said [development finance lenders](https://www.hankzarihs.com/development-finance/) were worried about the extra costs associated with building net-zero developments. The brokerage said introducing net zero rules too quickly could force smaller developers to leave the sector. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [Call for ‘Polluter Pays’ Approach](https://www.hankzarihs.com/housebuilders-call-for-a-polluter-pays-approach-for-fixing-unsafe-homes/) **Published:** February 1, 2023 **Author:** Shiraz Khan **Content:** SME housebuilders claim the government’s new contract forcing all developers to pay £2bn or more to fix unsafe properties is unfair. Housing secretary Michael Gove released the [details](https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1132727/Contract_-_Self_Remediation_Terms.pdf) this week giving developers a six-week deadline to sign up to remediate homes that are 11 metres or above built over the last 30 years. National Federation of Builders, NFB Richard Beresford chief executive said: “This announcement is a case of ‘Hobson’s choice’, as it tells innocent builders to sign a contract with the government, or they can stop them operating. It’s policy by optics, not serious governance. “The fair and proportionate solution is simple, adopt a polluter pays principle which says, if you’ve done wrong, you will pay to fix your mistake.” Mr Gove has said that he will pass legislation in the spring creating a responsible actors scheme preventing developers from operating and gaining building control approval if they fail to sign up. “Too many developers, along with product manufacturers and freeholders, have profited from these unsafe buildings and have a moral duty to do the right thing and pay for their repair,” said Mr Gove. “In signing this contract, developers will be taking a big step towards restoring confidence in the sector and providing much-needed certainty to all concerned.” **Foreign developers must pay up** The contract is the legal document underpinning the cladding pledge released last year to repair fire safety defects. The government targeted 60 major housebuilders although so far only 49 have signed the pledge. The Home Builders Federation has called on the government to honour its promise to ask foreign builders and cladding providers to pay for repairs too. According to *Housing Today* the government has tightened the scope of the contract to concentrate on ‘life-critical building safety improvements’. Liabilities on [joint venture projects](https://www.hankzarihs.com/joint-venture-property-finance/) with social housing providers are to be limited as well as with third parties. The government’s right to revisit and change the contract in the future is also to be restricted. The NFB is lobbying for exemptions to the forthcoming building safety levy to exclude developers building less than 40 homes. It also wants the government to consult with other parties such as material manufacturers, building control professionals and architects before the levy goes live. The trade body believes the levy is excessive given the introduction of the residential property developer tax in April charging four per cent from developers with profits of more than £25m. [Expert property finance intermediary Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance lenders are concerned that medium sized builders may struggle to stay afloat with the raft of new taxes. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Uncategorized --- ### [Over 20,000 new homes expected next to London transport hubs](https://www.hankzarihs.com/over-20000-new-homes-expected-next-to-london-transport-hubs/) **Published:** February 9, 2023 **Author:** Shiraz Khan **Content:** More than 20,000 new homes are expected to be built in the capital over the next decade on land owned by Transport for London, TfL, and Network Rail. TfL’s commercial property company TTL Properties and Network Rail have formed a [partnership](https://www.networkrailmediacentre.co.uk/news/network-rail-and-transport-for-london-announce-major-new-partnership-london-set-for-thousands-of-new-homes) to deliver [homes and commercial properties](https://www.hankzarihs.com/converting-commercial-property-to-residential/) across nearly 14,000 acres of land they own across the capital. Network Rail group property director Robin Dobson said: “This is a landmark moment for the capital, to see our two organisations build a partnership together. Jointly working with local authorities, this will benefit London’s communities, and businesses to drive economic growth. “We look forward to working closely with key stakeholders to accelerate development delivery which over the coming decade will provide a positive impact for the region.” **Brownfield sites will be included** Network Rail and TfL are among the largest [landowners](https://www.hankzarihs.com/land-finance/) in Greater London with brownfield sites across the capital and surrounding counties that could be used for development. Central to the delivery of the regeneration will be a master planning approach which can meet the changing needs of how communities live and work. The partnership will look at bringing improvements to stations and services through development to ensure transport destinations drive economic benefits in local areas. Developments are to be designed in keeping with the local environment and heritage, and aim to use modern, low-carbon construction methods. TTL Properties director and chief executive Graeme Craig said: “We are looking to combine our efforts to deliver more homes, with a focus on affordable housing, and with great social impact that benefits local communities as well. “We are fully focused on the extensive potential that our partnership will unlock as our teams begin to work together on improving the capital for all.” The programme intends to deliver positive social impact for local communities, through new jobs and construction skills training schemes. [Property finance brokers Hank Zarihs Associates](https://www.hankzarihs.com/) said [development finance lenders](https://www.hankzarihs.com/development-finance/) would be keen to support projects that benefitted the local economy especially if SME builders were included. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Uncategorized --- ### [Biodiversity could price SME builders out of the rural market](https://www.hankzarihs.com/biodiversity-could-price-sme-builders-out-of-the-rural-market/) **Published:** February 23, 2023 **Author:** Shiraz Khan **Content:** SME developers are bracing themselves for huge extra costs when [new rules](https://www.gov.uk/government/collections/biodiversity-net-gain) requiring a housing or commercial project to increase biodiversity by ten per cent go live in November. The National Federation of Builders, NFB, had hoped the government would raise the limit of nine to 39 new homes for defining a small site allowing greater use of a digitised habitat metric. NFB housing and planning policy head Rico Wojtulewicz said: “We believe the government has missed a trick by not taking up our offer to extend the small sites metric to medium-sized sites of fewer than 40 homes and trailing it during the transition period, alongside the targeting of local species.” The NFB has argued that the [development of up to 40 homes](https://www.hankzarihs.com/construction-loans/) would have been large enough to see if a particular biodiversity initiative such as installing bat boxes worked. “We would like to have made it world-leading. The government doesn’t seem to understand that we are part of the solution,” said Mr Wojtulewicz. Raising the cap for small sites to 39 homes would have allowed a significant number of SMEs to adopt the digitised habitat metric rather than employing an ecologist to assess biodiversity net gain. The expenses associated with adopting the new rules are significant, for example, a [developer building 40 new homes](https://www.hankzarihs.com/new-build-developer-loans/) could face extra costs in the region of £200,000. Property finance intermediaries [Hank Zarihs Associates](https://www.hankzarihs.com/) said the increases were massive and development finance lenders were concerned this would deter SMEs from building in rural areas. **Ten per cent cap on biodiversity net gain a relief** However, the construction industry is pleased the government has limited net gain to ten per cent and not given local authorities the option to increase the percentage. It’s also happy the metric will consider site design which could include gardens and features such as bat boxes and bee bricks into the habitat metric. Environment secretary Therese Coffey said the government would support and work with developers and planning authorities, who are to receive £16m extra funding, over the new rules. “We want to help them ensure the developments of the future enhance biodiversity by creating thriving places for plants and wildlife, as outlined under our pioneering environmental improvement plan,” she said. When the rules go live in November developers must assess the type of habitat affected and its condition before submitting plans to the local council. They must outline how they will deliver the ten per cent benefit using ‘biodiversity metric trading’ rules. This requires any habitat affected within the boundary is replaced on a ‘like for like’ or ‘like for better’ principle. If this is impossible then they can pay for improvements on other sites by purchasing ‘units’ via a private, off-site market. A government-run statutory credit scheme is being set up which developers can use as a last resort. Small sites have a longer transition period until April 2024, and exemptions have been made for developments such as self-build homes. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Uncategorized --- ### [Housing supply at risk under proposed planning changes](https://www.hankzarihs.com/housing-supply-at-risk-under-proposed-planning-changes/) **Published:** March 7, 2023 **Author:** Shiraz Khan **Content:** Up to 77,000 fewer new homes are likely to be built a year for the rest of this decade, slumping to the lowest level since the second world war, according to a new report. Lichfields’ *Making a Bad Situation Worse,* calculates by 2030 more than a million fewer homes will have been built than anticipated with annual output dropping to 120,000 a year. This would leave the government’s 300,000 new homes a year housebuilding target in tatters. Homebuilders Federation, [HBF](https://www.hbf.co.uk/), executive chairman Stewart Baseley said: “The increasingly anti-development and anti-business policy environment poses a real threat to house building and is inevitably at the forefront of minds when investment decisions are being made.” Proposed changes to England’s planning framework will mean local planning authorities won’t need to have a five-year housing land supply and produce housing delivery tests. The expectation councils should release some green belt land to ease housing shortages will also be dropped. An estimated 47 local authorities have already retracted or delayed their local plans as a result with only 39 with an up-to-date plan. The National Federation of Builders, NFB, housing and policy head Rico Wojtulewicz said: “The [cost of development](https://www.hankzarihs.com/development-finance/) has already seen smaller builders either leave the industry or pull away from housebuilding.” He said that in the last two years, the government had added 13 new costs for housebuilders leaving the future of housing supply at risk. **New housing isn’t responsible for river pollution** Alongside this, Natural England’s increasing intervention over nutrient neutrality of rivers has halted 120,000 new homes being built with a further supply cut of up to 41,000 homes a year. The fact that intensive farming, rather than increased showering and washing, is the main cause of nitrate and phosphate pollution has infuriated the building industry. The HBF said that water companies’ long-term failure to upgrade wastewater treatment facilities is another culprit. It estimates the building industry has paid £3bn in infrastructure charges to water companies over the last 30 years. “The government’s mishandling of water and drainage legislation could see fewer homes built than ever before. The social and economic implications are stark and threaten to widen the ever-growing intergenerational divide while costing hundreds of thousands of jobs,” said Mr Baseley. Consultation on changes to the national planning policy framework will finish by the end of this week with the government expected to bring forward draft legislation by spring. Land Promoters and Developers Federation, LPDF, executive chairman Paul Brocklehurst said: “The government still has sufficient time through the consultation process to reconsider its position and move away from changes which in the context of its 300,000 aspiration are frankly irrational. Now is the time to deliver meaningful, positive reforms which will embed growth into our economy.” The report, commissioned by the HBF and LPDF, predicts the estimated housing supply cuts will mean 386,000 fewer jobs with a £34bn GVA, gross value added, loss to the economy. Brokers [Hank Zarish Associates](https://www.hankzarihs.com/) said commercial development finance lenders were concerned the rising costs of future homes would mean even more people would be priced out of the market. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Uncategorized --- ### [Chancellor urged to tax the real culprits of unsafe homes](https://www.hankzarihs.com/chancellor-urged-to-tax-the-real-culprits-of-unsafe-homes/) **Published:** March 13, 2023 **Author:** Shiraz Khan **Content:** Housebuilders want chancellor Jeremy Hunt to get cladding and insulation product manufacturers to contribute to the estimated £3bn bill to make hundreds of risky flats safe. The trade body, in its Spring budget representation, is arguing for a levy, or a corporation tax surcharge, so that they can contribute to the post Grenfell remediation bill. Home Builders Federation, HBF, executive chairman Stewart Baseley said: “It is only the private home building industry which has been repeatedly targeted for contributions, which likely now total £5bn worth of commitments to buildings they have built and those developed by foreign developers.” Mr Baseley warned that a slew of 12 different taxes and levies on residential builders, at £4.5bn a year, meant many sites risk becoming unviable affecting the supply of affordable homes. A modelling exercise by WPI Strategy shows the new building safety levy, to be introduced later this year, will result in an additional development cost of £1,580 per home. This would spark a two per cent drop in land values resulting in 3,700 fewer homes completed a year with areas of lower land value like the Midlands and the North most affected. The HBF calculates 70,000 affordable homes could be lost over the ten years due to the levy. SME housebuilders are particularly at risk of pulling out of the sector as rising costs have translated into weaker demand. **The Federation of Master B**uilders, [FMB](https://www.fmb.org.uk/?gclid=Cj0KCQiAgaGgBhC8ARIsAAAyLfFXeLVD1IlT_WJKFVlTHbOFeKDDCRxLUcWoeZr4ZwRLFvVPAwTNwFAaArnhEALw_wcB)**, chief executive** **Brian Berry said: “**Small, local house builders are facing increasing cost pressures from a range of upcoming regulatory changes and desperately need a change in fortunes”. **Planning needs to be revamped** The trade body wants the government in next week’s spring budget on the 15th March to prioritise the delivery of new homes. “We need to see significant reform to the current planning system, which is far too slow and complex, alongside direct funding from government into planning departments. “If the government wants to deliver its stated ambition to deliver a more diverse housing supply, then it needs to be actively supporting small house builders,” said Mr Berry. The National Federation of Builders, [NFB](https://www.builders.org.uk/home/), is calling for a small sites register and a medium-sized definition of up to 50 homes to be introduced in local plans. NFB housing and planning policy head Rico Wojtulewicz said: “Planning reform has not happened as earlier proposed. Therefore, the government needs to have targeted SME policies, or risk losing the sector which does levelling up in practice and trains seven in ten construction apprentices.” Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance lenders were concerned that planning delays made it difficult for SME builders to predict their costs accurately. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Uncategorized --- ### [UK set to open doors to foreign bricklayers and carpenters](https://www.hankzarihs.com/uk-set-to-open-doors-to-foreign-bricklayers-and-carpenters/) **Published:** March 16, 2023 **Author:** Shiraz Khan **Content:** Bricklayers, masons, plasterers, carpenters, and roofers are among a raft of trades the construction industry hopes will become easier to recruit from abroad to ease chronic shortages. On the eve of the spring budget the Construction Leadership Council, CLC has published a [report](https://www.constructionleadershipcouncil.co.uk/wp-content/uploads/2023/03/Construction-Leadership-Council-Response-to-Migration-Advisory-Committee-Interim-Review-20-February-2023-Published-14-March-2023.pdf) calling for 20 different trades to be added to the migration advisory committee’s occupation, MAC, shortage list. CLC industry-side chair and group chairman of MACE Mark Reynolds said: “A dynamic immigration system allows us to bridge gaps in workforce need and meet the people requirement for the sector’s pipeline of work.” Industry research shows 30,000 new recruits are needed to build an extra 10,000 new homes with bricklayers, groundwork operatives and site managers, particularly in demand. **Building industry vacancies among the highest** National Federation of Builders, NFB, policy director and report lead author James M Butcher said: “Construction faces a vacancy rate higher than the all-industry average, so it is fair to say we are in a worse position than many other industries. The occupations we have recommended are based on a solid evidential base for the sector’s need over the next five years.” The Construction Industry Training Board has calculated 225,000 more workers will be needed over the next four years to meet demand. Although the government has introduced measures to encourage people back to work it has accepted this is insufficient to address the UK’s current 1.2m job vacancies. It’s hoped MAC’s imminent report will include key construction roles in the occupation shortage list. This will allow employers to hire crucial staff on a lower salary threshold of just over £20,000 compared with the current ‘skilled worker’ threshold of £26,200 plus pay reduced visa fees. Nearly half of small builders favour increased immigration with 60 per cent saying jobs are delayed due to difficulties hiring bricklayers and carpenters, according to the Federation of Master Builders, FMB, latest trade survey. FMB chief executive Brian Berry said: “While immigration will help grow the construction sector, there still needs to be an investment in UK-based training to train the next generation of builders.” Property finance intermediaries [Hank Zarihs Associates](https://www.hankzarihs.com/) said that development finance lenders were concerned that it was difficult for SME builders to accurately gauge project costs due to staff shortages. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Business, Buying Property, Fast Development Finance, News --- ### [Gov’t seeks a clearer solution on river ‘nutrient neutrality’](https://www.hankzarihs.com/govt-seeks-a-clearer-solution-on-river-nutrient-neutrality/) **Published:** March 22, 2023 **Author:** Shiraz Khan **Content:** A call for [evidence](https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1144532/Chief_Planners_Newsletter_March_2023.pdf) to look at successful nutrient mitigation schemes in areas where river phosphates and nitrates are too high, has been cautiously received by the housebuilding industry. Currently, an estimated 120,000 proposed new homes are on hold because they are in areas where nitrate levels in rivers are regarded by Natural England as too high. The government has offered funding for quality proposals to support clearer routes for developers to deliver in areas affected such as The Solent, Cornwall, Hereford and parts of the Northeast. These could include creating offsite large-scale wetlands, woodlands and fallow habitats in swathes of land across England. Currently the Tees catchment area is working with developers to do just that. **The Home Builders Federation, HBF, said it was pleased the policy had been acknowledged as an issue for developers.** **Although HBF executive chairman Stewart Baseley added:** “We continue to stress the need for urgent, workable and affordable solutions that reflect the minimal contribution new homes make to the issue.” Construction Products Association economics director Noble Francis said: “Addressing this critical issue will be crucial for developers and the whole house-building supply chain to ensure that more homes can be built each year.” The government has amended the levelling up and regeneration bill to require water companies in England to upgrade their waste treatment in polluted areas by 1st April 2030. **Intensive farming and poor wastewater treatments are to blame** The housebuilding industry has argued for some time that lack of investment by water companies and intensive farming have been the real culprits of river pollution. Initially, 32 local planning authorities were affected by the European Court of Justice ruling in 2018 on the Dutch nitrogen case and interpretation of the habitats’ directive. However, since then the total number of planning authorities affected has risen to 74. [Property development finance brokers Hank Zarihs Associates](https://www.hankzarihs.com/property-development-finance-broker/) said SME developers who had secured property development funding for housing schemes in affected areas were hugely frustrated by the issue. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Uncategorized --- ### [Ease Home Building in Scotland: Call](https://www.hankzarihs.com/call-for-new-first-minister-to-make-it-easier-to-build-homes-in-scotland/) **Published:** March 29, 2023 **Author:** Shiraz Khan **Content:** Housebuilders north of the border are calling on Scotland’s new first minister, Humza Yousaf, to engage with business and remove obstacles hampering the delivery of new homes. The appeal coincides with government housing [statistics](https://www.gov.scot/binaries/content/documents/govscot/publications/statistics/2023/03/housing-statistics-scotland-quarterly-update-new-housebuilding-affordable-housing-supply-published-28-march-2023/documents/housing-statistics-scotland-quarterly-update-new-housebuilding-affordable-housing-supply-published-28-march-2023/housing-statistics-scotland-quarterly-update-new-housebuilding-affordable-housing-supply-published-28-march-2023/govscot%3Adocument/housing-statistics-scotland-quarterly-update-new-housebuilding-affordable-housing-supply-published-28-march-2023.pdf) reporting a 12 per cent fall in new starts, down by 2,580 to 19,227, in the year to the end of September 2022. There was also a 27 per cent drop in housing association approvals to build new homes. Homes for Scotland, HFS, chief executive Jane Wood said: “His appointment presents the perfect opportunity to review the regulatory areas and other issues creating blockers to [residential development](https://www.hankzarihs.com/development-exit-finance/) across sectors to ensure that housing in Scotland meets the needs and aspirations of everyone living here.” The trade body, which represents 200 Scottish housebuilders, has warned the government’s target to build more than 110,000 affordable homes by 2032 will be difficult to hit. Recent planning guidance for new developments to comprise at least 25 per cent of social housing, and the introduction of Passivhaus energy standards by the end of 2024, have caused concern. **Supply chain capacity fears over Passivhaus** The Scottish Federation of Housing Associations said Passivhaus would result in higher building and maintenance costs and that supply chain capacity is insufficient to deliver these homes at scale. Scottish Property Federation director Robin Blacklock said: “There’s been a wider concern among the business community about the direction of policies and their relationship with businesses.” The Scottish building industry has said while it supports the country’s ambitious net-zero targets it’s worried about the practicalities of achieving them. Scotland has pledged to be net-zero by 2045 – five years earlier than England with both [Edinburgh](https://www.hankzarihs.com/edinburgh/) and [Glasgow city](https://www.hankzarihs.com/glasgow/) councils aiming to be net-zero by 2030. It also hopes to take one million homes off the gas grid with alternative energy sources such as electric heat pumps by 2030. “There is a concern about meeting time scales as we’re still trying to recover performance after the Covid pandemic,” said Mr Blacklock. Blacklock added developers and housebuilders would be seeking to develop a positive relationship with Mr Yousaf where business is seen as a means for achieving new housing objectives. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance lenders would like to see a speedier response to planning applications as this was one of the biggest hurdles facing SME housebuilders. Mr Yousaf has taken an active interest in housing in particular tackling the shortage of homes for key workers in remote parts of the country. He has also said he would increase council tax on second homes across the Highlands, islands and north-east to limit holiday homes. He narrowly beat Kate Forbes on the 27th of March to become the first minister. His Scottish National Party government is in a coalition with the Green party, which commentators predict will require careful handling. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance --- ### [Optimism over future home sales, despite current weak demand](https://www.hankzarihs.com/optimism-over-future-home-sales-despite-current-weak-demand/) **Published:** April 17, 2023 **Author:** Shiraz Khan **Content:** Surveyors predict a positive net balance of housing sales of plus one per cent over the next 12 months, according to March’s [residential market survey](http://www.rics.org/uk/news-insight/research/market-surveys/uk-residential-market-survey/march-2019/). This is the first time this measure has been out of negative territory since March 2022, but it is set against a current backdrop of weak demand. Royal Institution of Chartered Surveyors chief economist Simon Rubinsohn said: “Significantly, there is a sense that the medium-term outlook is looking a little more settled, helped by the perception that the interest rate cycle may be near the peak.” However, at the moment respondents report a negative net balance of new buyer enquiries of minus 29 per cent, barely changing from February’s reading of minus 30 per cent. The national net balance of agreed sales slipped from minus 25 per cent in February to minus 31 per cent in March. The near-term expectation of sales at minus 29 per cent was less downcast than February’s reading of minus 45 per cent. “The negativity in near-term sales expectations has diminished to some degree in each of the past three reports,” said Mr Rubinsohn. Supply remains tight, with the volume of fresh listings falling slightly during March with a net balance minus six per cent versus minus four per cent. The number of appraisals over the month continues to run below the level seen during the same period last year, with the net balance sitting at minus 20 per cent. However, this is the least depressed reading since last August. **Northern Ireland, Scotland and Wales expect house prices to rise** House prices continue to dip, with a headline net balance of minus 43 of respondents reporting a decline in the latest results. The latest reading is marginally less negative than the figure of minus 47 per cent in the previous iteration of the survey. This breaks a sequence of ten consecutive months in which this indicator deteriorated between April 2022 and February 2023. The most significant declines in prices are reported across East Anglia, the Southeast, the West Midlands, and [London](https://www.hankzarihs.com/london/). Near-term price expectations remain downbeat, returning a net balance reading of minus 49 per cent compared to minus 53 per cent in February. Over the next 12 months, a net balance of minus 24 per cent of survey participants foresaw a further decline in prices – the least negative reading since September last year. Twelve-month price expectations are broadly flat in London, while contributors in Northern Ireland, [Scotland](https://www.hankzarihs.com/bridging-loans-scotland/) and Wales envisage a rise in house prices. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said commercial development lenders were positive that house demand and prices would bounce back within a year. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [Construction needs an image makeover to attract more recruits](https://www.hankzarihs.com/construction-needs-an-image-makeover-to-attract-more-recruits/) **Published:** April 26, 2023 **Author:** Shiraz Khan **Content:** Nearly a quarter of a million extra people are needed in [construction](https://www.hankzarihs.com/construction-loans/) by 2027 but outdated perceptions mean it is often overlooked as a career, according to a new report. The Chartered Institute of Building, CIOB’s [*The Real Face of Construction*](https://d8.ciob.org/industry/research/Real-Face-Construction-2023) survey showed 57 per cent of respondents perceived average annual earnings to be lower than the true figure of £36,000. CIOB chief executive Caroline Gumble said: “Our survey shows there are big misconceptions around earning potential, job prospects and working conditions.” In fact, construction is £3,000 above the average annual salary across all sectors at £33,000. The survey shows while earnings across all sectors rose by 15 per cent between 2012 and 2022, the rise for full-time construction workers was 24 per cent. “Overly physical” and “dangerous” were among the top three answers respondents selected when asked to describe construction jobs despite more positions being office or site-based. Ms Gumble added: “This is something the sector needs to work together to address if we’re to bridge the existing worker shortfall that will over time become bigger if nothing is done.” **Parents don’t encourage their children to go into construction** The study showed the sector was often overlooked by individuals exploring job options or changing their career path. Just seven per cent of respondents said they would recommend construction as a career to their children or other young people. Londoners are most likely to recommend construction careers, 38 per cent, while those in Wales, 20 per cent, are least likely. “Without construction workers, including those in IT, planning, administration and management, as well as the frontline trades, there can be no new homes or other infrastructure and our economy will grind to a halt,” said Ms Gumble. Construction is the fourth largest employer in the UK outside of the public sector with 2.1m working in the industry and accounting for six per cent of gross value added to the economy. The Southeast has the biggest number of construction workers, 381,000, while the east of England has the largest percentage of its total workforce engaged in the sector at 7.9 per cent. “We want to see construction better represented in schemes to promote STEM – science, technology, engineering and maths – careers and vocational qualifications, not just in construction but more widely, given equal esteem with university degrees. “Construction must be promoted as a sector in which people can make a positive difference, drive sustainability, improve their communities and leave a real legacy.” Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance lenders were aware that staff shortages were a factor in residential and [commercial projects](https://www.hankzarihs.com/commercial-mortgages-advantages-and-disadvantages/) being held up. Research specialists Opinion Matters surveyed 2,000 UK adults in February 2023 for the CIOB. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [April’s house price rise offers glimmer of hope](https://www.hankzarihs.com/aprils-house-price-rise-offers-glimmer-of-hope/) **Published:** May 2, 2023 **Author:** Shiraz Khan **Content:** House prices were up by half a per cent in April after seven months of consecutive falls, according to the latest [figures](https://www.nationwidehousepriceindex.co.uk/reports/house-price-growth-shows-signs-of-stabilisation-in-april) from Nationwide building society. The average UK house cost £260,411 compared with £257,122 in March, although year-on-year growth for April remained negative at minus 2.7 per cent. Nationwide’s chief economist Robert Gardner said: “In recent months industry data on mortgage applications point to signs of a pickup. “If inflation falls sharply in the second half of the year, as most analysts expect, this would likely further bolster sentiment, especially if labour market conditions remain strong.” He added that consumer sentiment had shown a positive shift with people viewing their financial position over the next 12 months in a more positive light. Although Bank of England data revealed the number of mortgages approved for house purchase in February was nearly 40 per cent lower than a year ago. “Any upturn is likely to remain fairly pedestrian, as it will take time for household finances to recover, since average earnings have been failing to keep pace with inflation, and by a wide margin over the last few years,” said Mr Gardner. He added that mortgage interest rates, while below the highs after last year’s mini-budget, were still nearly double that of this time last year and that this would act as an inhibitor. **Housebuilding hit the hardest in 2023** Private housebuilding is expected to experience a 17 per cent contraction this year, according to the Construction Products Association, CPA. Private housing repairs, maintenance and improvements are expected to drop by nine per cent too. CPA research head Rebecca Larkin said that a drop in planning applications in the second half of last year coupled with competing spending decisions such as overseas holidays were responsible. “The sharp falls that are forecast for housing in 2023 mean that overall, a construction recession will be unavoidable,” said Ms Larkin. However, she added that the overall 6.4 per cent expected reduction in construction output is smaller than during the building recessions of 2008, 2009, 2012 and 2020. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said [auction finance](https://www.hankzarihs.com/auction-finance/) lenders were worried about delays in planning approval and levelling up secretary Michael Gove’s decision to scrap local authority housing targets. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [Green belt housebuilding embargo will go if Labour is elected](https://www.hankzarihs.com/green-belt-housebuilding-embargo-will-go-if-labour-is-elected/) **Published:** May 17, 2023 **Author:** Shiraz Khan **Content:** Small housebuilders must be given a slice of the action if Labour follows its promise to build on green belt to meet housing needs, urges the Federation of Master Builders, FMB. The Labour leader Sir Keir Starmer has announced that if his party wins the next election, it will bring back local authority housing targets and back ‘builders not blockers’. “We’ve got to drive housebuilding at pace. We need to put local areas in charge of that so change the planning rules, have [development corporations](https://www.hankzarihs.com/how-does-development-finance-work/) as vehicles on the ground to drive building, and make sure that the dream, the aspiration of owning your own home is realised for so many people who at the moment have had their dreams shattered*,” said Sir Keir in an interview with Sky News.* *FMB chief executive Brian Berry said it was important small builders were given the chance to play a major role in housing delivery as this would help local economies and raise quality standards.* “It’s critical that small local housebuilders have the opportunity to build many of these new homes given they currently deliver just 10 per cent of all new homes, down from 40 per cent over 30 years ago,” said Mr Berry. **Housebuilders give Sir Keir’s stance the thumbs up** The news has come as a relief for housebuilders who said the government’s decision to make council housing targets advisory rather than mandatory would lead to up to 100,000 fewer new homes a year. Home Builders Federation, HBF, had calculated more than 55 local authorities had withdrawn or paused their housing delivery plans since levelling up secretary Michael Gove’s decision in December. The National Federation of Builders, NFB, said Sir Keir was correct to bring back housing targets and to stop making the green belt sacrosanct. NFB housing and planning policy head Rico Wojtulewicz said: “We can build up and out within existing communities, which will help SMEs greatly, but at some point, the greenbelt or green spaces will have to be used, not only for homes but the non-housing needs we so desperately require to support good placemaking.” Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said development and [bridging finance lenders](https://www.hankzarihs.com/bridging-loan-broker/) welcomed moves to streamline planning policy and make it possible if needed to meet housing supply by building on the green belt. He said that if Labour could speed up the planning process, then this would help SME housebuilders who didn’t have the resources to wait years for an application to go through. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [Design Key to Biodiversity Boost](https://www.hankzarihs.com/building-design-not-larger-habitats-key-to-boosting-biodiversity-for-smaller-sites/) **Published:** June 5, 2023 **Author:** Shiraz Khan **Content:** The UK’s focus on increasing habitats for wildlife could hinder housebuilding on smaller sites warns the National Federation of Builders, [NFB](https://www.builders.org.uk/there-is-still-time-to-build-in-biodiversity/). The trade body is concerned that rules which go live in November to increase biodiversity net gain, BNG, by ten per cent on all new housing developments will prove tricky for small sites. NFB chief executive Richard Beresford said: “The UK’s biodiversity strategy is one focused on habitats, rather than biodiversity.” The trade body warns that this means smaller sites, which need to maximise build out to be viable, will either lose homes or install arbitrary habitats or pay a tax for them to be installed elsewhere. “However, with some small tweaks around the built environment which ‘builds in biodiversity’, the Government could create a world-leading biodiversity strategy and build on its recent successes, such as those seen in marine environments,” said Mr Beresford. The NFB has successfully lobbied for green roofs to feature in the metric and would like to see other site design and fabric solutions to be included. These could include bird and bat boxes, raised fences for wildlife corridors and streetlights with spectrums that are kind to insects and bats. **Government urged to act quickly to add design and fabric to BNG rules** In February the Government responded to feedback over the new BNG rules, which are part of the environment act 2021, and said design and building fabric could be added to the metric. However, the NFB has warned the Government it must implement this quickly if it wants to avoid SME housebuilders pulling out of the market. Housing and planning policy head Rico Wojtulewicz said NFB House Building Association members were ready to offer their sites for trials. “If successful that knowledge will not only ensure new development are part of, rather than a barrier to wildlife corridors, but ensure offsite solutions are more tailored to local need, while unlocking a marketplace for ecological innovation.” He said similar trials in [Finland](https://oppla.eu/casestudy/18875) and Germany had already proved successful. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said commercial finance lenders were keen for the BNG rules to be more flexible so that developing small sites would still be a viable option. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Uncategorized --- ### [Solar panels mandate on new homes rejected](https://www.hankzarihs.com/solar-panels-mandate-on-new-homes-rejected/) **Published:** June 5, 2023 **Author:** Shiraz Khan **Content:** The [construction industry](https://www.hankzarihs.com/construction-loans/) has breathed a sigh of relief that political pressure to make the installation of solar panels on all [new-build homes](https://www.hankzarihs.com/new-build-developer-loans/) has been rejected. Net-zero and energy security secretary Grant Shapps rejected calls by Conservative MP and environmental audit committee chair Philip Dunne for photovoltaic cells to be fitted as standard. Mr Shapps said it was up to developers to find the “most appropriate and cost-effective solutions” for making new homes energy efficient. The National Federation of Builders, [NFB](https://www.builders.org.uk/), said enforcing solar panels as mandatory didn’t make sense unless solar energy was embedded in the infrastructure system. **Building well-insulated homes is key** NFB housing and planning head Rico Wojtulewicz said: “Building well so that your homes use less energy is a better approach than investing in solar panels. Batteries will cost a lot and for smaller developers, there may be delays of up to a year on supply and then you need to get it connected to the grid.” He added that the national grid was not ready yet to handle widespread solar panel usage and that concentrating on building well-insulated homes requiring less energy use was more important. There are fears that the current arrangements to expand capacity are insufficient for the UK to reach its full potential. Environmental audit committee members have been told that in some cases it was taking solar developers ten to 15 years to secure a grid connection. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said that development finance lenders supported Mr Shapps’ decision as the extra solar panel expense could have pushed smaller housebuilders out of business. But Green Alliance policy head Helena Bennett told the **i** newspaper that it was disappointed by the decision. “Solar power remains one of the cheapest ways to bring down soaring energy bills, meet our net-zero targets and end reliance on fossil fuel imports. “It’s cheap to install, and cheap to maintain. We should be making it as easy as possible for households to take advantage of this pivotal technology,” she said. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Uncategorized --- ### [SME developer pulls out of 200-home scheme following Gove’s intervention](https://www.hankzarihs.com/sme-developer-pulls-out-of-200-home-scheme-following-goves-intervention/) **Published:** June 15, 2023 **Author:** Shiraz Khan **Content:** Midland’s housebuilder A C Lloyd has withdrawn its application to build 200 homes on agricultural land in Warwickshire despite having secured [outline planning permission](https://www.hankzarihs.com/mortgage-for-land-with-planning-permission/). The move follows levelling up and housing secretary Michael Gove’s decision to call in the developer’s reserved matters application on design grounds. The housebuilding industry views Mr Gove’s increasingly interventionist approach over how a scheme looks as a worrying trend. National Federation of Builders, [NFB](https://www.builders.org.uk/), housing and policy head Rico Wojtulewicz said: “If it’s so important to improve design the government needs to tell us what needs to be done so that we can deliver the outcome they want.” **Housebuilding industry left in design limbo** He said it was likely to be a couple of years before local authority design codes, proposed in the levelling up and regeneration bill, came into effect. About the same time as Mr Gove called-in the AC Lloyd scheme, in the village of Whitnash, he pulled the plug on another [development](https://www.hankzarihs.com/development-finance/) for 150 homes in Sandbach, Cheshire on similar grounds. However, Muller Property Group has said it will challenge Mr Gove over the decision. These two call-ins follow the secretary of state’s attempt to block a 165-home scheme by Berkeley Homes in Tunbridge Wells, Kent on design grounds. However, the secretary of state is reconsidering his stance following advice his position might not stand up in court. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance lenders were increasingly concerned about uncertainty relating to planning applications since Mr Gove’s appointment in September 2021. Home Builders Federation, [HBF](http://www.hbf.co.uk/), communications director Steve Turner, in an earlier interview with *Housing Today,* said: “The secretary of state is personally intervening to block developments that the local authority actually wants to see go ahead. “Regardless of the supposed aims the outcome seems to always be the same: fewer new homes built.” ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [New levy jeopardises brownfield and mixed-use sites, warn landowners](https://www.hankzarihs.com/new-levy-jeopardises-brownfield-and-mixed-use-sites-warn-landowners/) **Published:** June 15, 2023 **Author:** Shiraz Khan **Content:** Councils will struggle to set viable rates for developing brownfield and urban sites under the new infrastructure levy, warn landowners. The British Property Federation, BPF, argues that the levy is not site-specific and that this will have a negative impact on affordable housing provision. BPF policy director Ian Fletcher said: “The idea of bringing in a new infrastructure levy is to remove the complexities experienced under the current system of contributions, but the new levy has fundamental structural challenges and will do little to reduce complexity.” The organisation is concerned that using [gross development value](https://www.hankzarihs.com/how-to-get-into-property-development/) as the primary measure for calculating the levy will cause uncertainty for developers, lenders, and councils. They claim commercial and mixed-use schemes will be particularly badly hit due to changes between valuations and the actual viability of the scheme. **Councils are ill-equipped to apply the levy** Instead, they would like the existing community infrastructure levy and section 106 contributions to be reformed. They argue that local planning authorities are insufficiently resourced to implement a new infrastructure levy charging schedule. “It is undeniable that the community infrastructure levy and section 106 can be improved, but we would like to work with Government to share our expertise and work towards a scenario where the existing system is enhanced and simplified,” said Mr Fletcher. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance lenders were worried that the system for delivering the benefits of the new levy locally was insufficiently robust. Currently, section 106 agreements fund nearly half of all affordable housing. [Landlords](https://www.hankzarihs.com/hmo-mortgages-for-first-time-landlords/), developers and the social housing sector fear cash-strapped councils could be tempted to spend money raised by the new levy on other services. “Under current proposals, there is a chance that developer contributions could be siphoned away from delivering affordable housing to other, unspecified forms of infrastructure or local authority spending priorities,” they said in a letter sent to levelling up Secretary Michael Gove in February. Consultation on the detailed implementation of the levy finishes on the 9th, 2023. The Government will pilot the levy on a minority of local authorities in 2025 before a national rollout in 2029. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [Dwindling workforce poses threat to future housing delivery](https://www.hankzarihs.com/dwindling-workforce-poses-threat-to-future-housing-delivery/) **Published:** July 3, 2023 **Author:** Shiraz Khan **Content:** The building industry says the sector is facing a retirement cliff with one in five builders aged over 50 and wants the government to improve training to avoid a housebuilding slump. The Homebuilder Federation, HBF’s latest workforce [census](https://www.hbf.co.uk/news/hbf-home-building-workforce-census-2023/?&utm_source=media-release_&utm_medium=direct-email&utm_campaign=workforcecensus2023&pk_campaign=newsletter_6237) revealed just one in four students gained employment after completing a full-time construction course. The trade body said this showed the UK education system was failing to deliver ‘practical and employable’ skills. HBF executive chairman Stewart Baseley said: “As the country’s demand for energy-efficient homes grows, the government must introduce measures to ensure students leave the education system ready for work. Investment in the skills and education of the labour force is critical in ensuring this country has the knowledge and expertise needed to deliver the homes of the future.” One in five of the 14,000 respondents were from overseas with 16 per cent from EU countries, a fall of two per cent compared with census figures for 2017. Non-European participants accounted for just under four per cent of respondents, nearly double the proportion in 2017. Reliance on foreign labour was greatest in the capital, with more than half of London’s workforce made up of EU or European Economic Area nationals and 14 per cent from other overseas nations. Closer industry collaboration needed to develop homegrown workforce “With 30,000 more skilled workers required to build every additional 10,000 homes, there is growing urgency for government to invest in building and developing the house building workforce if it’s serious about achieving its 300,000 per annum target,” said Mr Baseley. Roles particularly in demand include bricklayers, groundwork or plant operatives and joiners. The HBF would like to see the government collaborate more with industry to attract, train and develop a skilled and expert home building workforce. Nearly 60 per cent of SME home builders reported difficulties in recruiting site-based roles in HBF’s 2023 *State of Play* report. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance [lenders](https://www.hankzarihs.com/development-finance/) had noticed that challenges in hiring the right staff often contributed to projects finishing behind schedule. The 2023 census revealed the on-site home-building workforce is still overwhelmingly male, with 96 per cent of respondents identifying as male. However, a larger proportion of female respondents held supervisory roles compared with their male counterparts. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [Lenders should adjust affordability criteria for buyers of new homes](https://www.hankzarihs.com/lenders-should-adjust-affordability-criteria-for-buyers-of-new-homes/) **Published:** July 5, 2023 **Author:** Shiraz Khan **Content:** The housebuilding industry is calling on [lenders to offer mortgages](https://www.hankzarihs.com/development-finance/) at more favourable rates for those buying new homes where energy bills are less than half that of existing properties. The Home Builders Federation *Watt a Save* report reveals owners of new homes will save an average of £135 on running costs under Ofgem’s new price cap. HBF managing director Neil Jefferson said: “As mortgage affordability gets tougher, rental costs increase and the country’s need for homes grows increasingly desperate, lenders and Government must review affordability assessments in consideration of these numbers to support more people to get onto the housing ladder.” The average energy bill savings increase to 64 per cent when comparing new houses with older properties, offering average monthly running cost savings of £183. However, most mortgage affordability assessments are based on the same energy bill assumptions with lenders applying the same assumed monthly expenditure. The HBF has pointed out that energy performance certificates, EPCs, offer an indication of household running costs. “This is a missed opportunity to offer [improved mortgage deals](https://www.hankzarihs.com/buy-to-let-mortgages/) that incentivise environmentally conscious and long-term money-saving buying decisions, which would also support the next generation to realise their homeownership ambitions,” said Mr Jefferson. **New homes are already delivering green benefits** The HBF’s report found 85 per cent of new builds were awarded an A or B, EPCs, versus just 4 four per cent of older properties. The analysis of government data also shows new homes use 55 per cent less energy and 60 per cent less carbon than older counterparts. “The findings illustrate the benefits of modern building practices, technology and products, and industry’s commitment to greener, environmentally conscious construction,” added Mr Jefferson. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance lenders were behind making it easier for new homes to be purchased by considering their lower running costs. *Watt a Save* has estimated that new homes constructed from 15th June 2022 under part L building regulations will emit 71 per cent less carbon than the average older property. In 2025 future homes standards will be mandatory requiring new homes produce 75 to 80 per cent less emissions than ones built under current regulations. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [Govt Inertia Stalls Custom Homes](https://www.hankzarihs.com/government-inertia-is-holding-back-increase-in-custom-and-self-build-homes/) **Published:** July 13, 2023 **Author:** Shiraz Khan **Content:** A major scaling up of custom and self-build homes has failed to materialise due to insufficient publicity and [available land](https://www.hankzarihs.com/mortgage-for-land-with-planning-permission/), claims Conservative MP Richard Bacon. He is disappointed at the lack of progress since the 2016 housing and planning act where the government pledged to double the number of self-commissioned homes over two years. “Too many local authorities are yet to fully engage with the benefits to them and their communities of enabling more of this approach to housing delivery. Local authority resources too often are too stretched to invest in a new approach to housing delivery,” said Mr Bacon. His comments follow the government’s response last month to his original independent review on the scaling up of custom and self-build homes published two years ago. Since 2016 local authorities must maintain a ‘right to build register’ of individuals and groups who would like to construct their own homes. This allows certain community organisations to bring forward smaller scale [development on a specific site without the need for planning permission](https://www.hankzarihs.com/100-development-finance/). **Public awareness about custom and self-build is low** “Local authorities continue to fail to promote their right to build registers, which can be difficult to find and access. Most lack any clear explanation as to the duty placed on authorities under the legislation and some have even been found to omit any mention of the obligation placed on authorities,” said Mr Bacon. Only 39 out of England’s 330 local authorities have adopted the right to build in their local plans despite a 35 per cent increase in the number of individuals and groups registering an interest. The number of permissions granted on serviced plots has dropped from 7,720 in 2019-20 to 6,374 in 2021-22, despite 64, 374 individuals and groups registering an interest. National Custom and Self Build Association, NaCSBA’s communications manager Duncan Hayes said: “The problem is the legislation has no teeth. There is little you can do to penalise authorities except to call them out.” Mr Bacon said not enough had been done to make land available through a plot-to-rent scheme or a small sites programme using local development orders. He said despite Home England’s new self-build unit, there was an absence of specific commitments to the recommendations in his original review. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance lenders viewed self and custom build as an important route to market for SMEs, at a time when mainstream housebuilding was shrinking Dutch developer Steenvlinder has entered the UK market gaining planning permission for 25 serviced self-build plots at Kennington near Ashford, Kent. It expects to offer the plots for sale by Autumn this year. A spokesperson for the housing and levelling up department said Mr Bacon’s recommendations in his latest report, *House Extension 2023*, were being assessed. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Uncategorized --- ### [Boost for City Builds: Homes England](https://www.hankzarihs.com/extra-powers-for-homes-england-could-boost-new-builds-in-cities/) **Published:** August 3, 2023 **Author:** Shiraz Khan **Content:** Giving Homes England the power to acquire land, masterplan and grant planning approval offers a glimmer of hope for scaling up housing delivery. Housing and levelling up secretary Michael Gove’s speech earlier this week focused on elevating the government agency’s role to one similar of the development corporations of the 80s. He was critical of London’s mayor Sadiq Khan’s failure to build the 52,000 new homes a year which the capital needs. “We’re planning to intervene using all the arms of government to assemble land, provide infrastructure, set design principles, masterplan over may square miles and bring in the most ambitious players in the private sector to transform landscapes which are right for renewal.” He said his ambition was for an eastward extension along the Thames in line with Michael Heseltine’s original vision for the area. Docklands 2.0 would regenerate Charlton Riverside and Thamesmead in the south and the area around Beckton and Silvertown to the north. “Tens of thousands of new homes can be created. Beautiful, well-connected homes and new landscaped parkland are integral to our vision and all sympathetic to London’s best traditions.” Mr Gove said he would reserve the right to step in and reshape the London plan if necessary and consider every tool in his armoury including development corporations. He has asked Homes England chairman Peter Freeman about how to develop the agency so it can deliver regeneration on par with Stratford’s Olympic village in [east London](https://www.hankzarihs.com/london/). “One that can develop the masterplan, enforce high quality design standards, [acquire land](https://www.hankzarihs.com/land-finance/), approve planning and work with developers,” said Mr Gove. He went on to discuss regeneration in 20 cities across England including Barrow, [Leeds](https://www.hankzarihs.com/leeds/), [Manchester](https://www.hankzarihs.com/manchester/), [Sheffield](https://www.hankzarihs.com/sheffield/) and [Wolverhampton](https://www.hankzarihs.com/wolverhampton/). “We’ll be working with other great cities to ensure that we have the development vehicles and the ambition necessary for further regeneration. And in each case, we want to use the planning and tax levers provided by our new investment zones to help drive activity.” Cambridge was singled out for a seven-year expansion plan to create new lab space, green spaces, cultural centres and beautiful neighbourhoods. Mr Freeman has been appointed to head up the £5m Cambridge Delivery Group. **Rural areas need housing development too** The National Federation of Builders, NFB, housing and policy head Rico Wojtulewicz said: “Homes England could enable the much-needed spatial planning that has been absent in England for many decades and put the UK on course to compete with European nations such as Germany.” Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said commercial finance lenders would welcome a more strategic approach for key sites. But the Federation of Master Builders, FMB, was critical about Mr Gove’s policy to concentrate on building new homes in cities. FMB chief executive Brian Berry said: “The Government’s focus on urban areas needs to be balanced with the need to address housing shortages in our rural communities.” Homebuilders Federation chief executive Kate Henderson on *BBC Radio 4* described the government’s approach as piecemeal. “We need to have a much more ambitious plan. We cannot meet our housing need just by building in towns and cities. “We need to think about building in rural areas too and it’s about the most sustainable places for growth.” ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Uncategorized --- ### [Building products availability will be limited by UK conformity mark](https://www.hankzarihs.com/building-products-availability-will-be-limited-by-uk-conformity-mark/) **Published:** August 9, 2023 **Author:** Shiraz Khan **Content:** Construction products could be withdrawn from the country within two years if the government forces all building products to be UK conformity assessed by the 30th of June 2025. The Construction Leadership Council, CLC, co-chaired by business and industry minister Kemi Badenoch, warned there is insufficient testing capacity for the UK mark to go live by then. “We will continue to make the case that there should be a consistent approach across all industry sectors and products to CE mark recognition and that this should apply to all construction products,” said the CLC in a [statement](https://www.constructionleadershipcouncil.co.uk/wp-content/uploads/2023/08/CLC-response-to-the-extension-of-CE-mark-recognition-for-businesses-1.pdf) released today. Manufacturers urged the Government to include building products in its decision to offer an indefinite extension of the European CE mark for 18 manufactured goods, announced last week. Both the CLC and product producers argue the UK has insufficient testing capacity to apply the UK conformity assessment (UKCA) mark to all products by 2025. “This would mean that some construction products will be withdrawn from the UK market from 1 July 2025, with a consequent impact on the delivery of infrastructure, home building and domestic retrofit products,” warned the CLC’s co-chair Mace chief executive Mark Reynolds. Construction Products Association, CPA, chief executive Peter Caplehorn has warned that constraining product testing and certification to the UK would harm the industry. “It would take many decades and considerable investment to undertake all the necessary testing and certification solely in the UK, even if manufacturers could be persuaded to take part.” **UK testing regime is unready** The National Federation of Builders, NFB, said the introduction of the UKCA mark coincided with the implementation of the future homes’ standard to reduce carbon emissions of new homes by three quarters. NFB housing and planning policy head Rico Wojtulewicz said: “Testing and capacity remain major challenges and therefore industry needs clarity and a clear direction of how the Government seeks to reform the UK’s construction product regime.” Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance lenders were concerned that UKCA could lead to supply chain delays leading to a further slump in new homes being built. Recent National House Building Council data showed new homes registration fell by 42 per cent in the second quarter of this year compared with the same period in 2022. The department of levelling up, housing and communities, DLUHC, confirmed that the UK testing regime on construction products would go live on 30th June 2025. “We are committed to ensuring the testing regime for construction products is effective and inspires public and market confidence,” said a DLUHC spokesperson. She said proposals for construction products testing reform would be released in due course. It’s expected to embrace recommendations from the independent [review](https://www.gov.uk/government/publications/independent-review-of-the-construction-product-testing-regime/introduction-and-executive-summary) of construction product testing. Levelling up and housing secretary Michael Gove’s statement on the publication of the review in April 2023 pledged the new testing regime would be based on “high standards and complete transparency”. Mr Gove commissioned the review following the findings of the Grenfell Tower inquiry where it was highlighted that those responsible for testing failed to adhere to proper procedures in conducting the assessment process. It also noted that manufacturers’ performance claims for products were misleading and were not supported by the assessment process. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Uncategorized --- ### [Large construction firms slice 15 days off average payment times](https://www.hankzarihs.com/large-construction-firms-slice-15-days-off-average-payment-times/) **Published:** August 17, 2023 **Author:** Shiraz Khan **Content:** Major building contractors have improved their average payment times from 45 to 30 days after receipt of invoice, according to Build UK [data](https://builduk.org/wp-content/uploads/2020/10/Infographic-Transforming-Payment-Performance.pdf). They are also paying 95 per cent of invoices within 60 days, which is a key target for government contracts. And 83 per cent are paying invoices within agreed terms compared with 63 per cent in 2018. Build UK deputy chief executive Jo Fautley said: “Since Build UK first began benchmarking payment performance five years ago, the construction sector has shown significant improvement. There is still more to do, but the value of transparency is clear to see, and our table has driven real change in behaviour led by Build UK members.” Build UK said that transparency combined with senior business leaders’ peer pressure for their organisations to move up the table had delivered results. “The majority have put significant effort into transforming their internal systems to improve the speed of payments. “They have also provided guidance to suppliers, predominantly SMEs, on how to submit invoices correctly to ensure prompt payment,” she added. Small business commissioner Liz Barclay said the payment tables were a good example of a trade body positively influencing payment practices within its sector. “This kind of thought leadership drives payment improvements that are so crucial to the survival of small businesses in construction and their ability to grow and thrive,” she said. **Payment values should be included in reporting requirements** Currently, major UK companies are required by law to report their payment performance twice a year detailing the number of invoices they paid within the recommended 30 days and the amount they paid within 60 days. The Construction Leadership Council has asked the government to amend regulations to include the value of payments to support more ‘sustainable’ supply chain relationships. The National Federation of Builders, NFB, agreed that reporting the value of the contract would be helpful. NFB housing and planning head Rico Wojtulewicz said Build UK’s tables could be improved by knowing the percentage of contracts on agreed terms versus standard terms with a breakdown of construction and non-construction related payments. “Paying a big company providing consumables for an office is very different to promptly paying a small builder whose business relies on cashflow to stay afloat,” he said. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said commercial development lenders were keen to see greater transparency of larger firms’ payment performance so that SME builders could make informed decisions about who to do business with. The Federation of Master Builders, FMB, said it would like the voluntary prompt payment code to have ‘more teeth’ to avoid job losses. [FMB](https://www.fmb.org.uk/news-and-campaigns/press-releases.html) chief executive Brian Berry said: “Late payments are a real issue for small, local builders who are cash flow reliant. Unfortunately, the industry is facing a tough time with increasing material prices and margins being squeezed. SME builders are often at the bottom of the supply chain and can find themselves being paid late due to delays further up the chain, which is why it’s important that everyone is paid on time.” ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News, Uncategorized --- ### [River pollution rules changed to unlock building of 100,000 homes](https://www.hankzarihs.com/river-pollution-rules-changed-to-unlock-building-of-100000-homes/) **Published:** August 30, 2023 **Author:** Shiraz Khan **Content:** Housebuilders have hailed the government’s decision to shift the burden of river nutrient neutrality to the water companies as a step in the right direction. The Government is to double investment in Natural England’s nutrient mitigation scheme to £280m to offset the nutrient discharge of building up to 100,000 new homes between now and 2030. It will also amend the levelling up and regeneration bill requiring water companies to upgrade their treatment works by 2030 in areas of ‘nutrient neutrality’. The move is helpful for smaller developers who have struggled to find locations for mitigation credits in the area where they wanted to build. Story Homes chief executive Colin Wood said: “The plan unlocks over 4,000 homes for our business creating a huge boost for the local economies and supply chains, all whilst facilitating delivery of much needed housing.” Larger housebuilders such as Barratt Developments, which has 2,500 homes stalled due to nutrient neutrality rules, are also relieved over the change in policy. Chief executive David Thomas said: “Alongside plans to mitigate the relatively limited impact of new build housing, we welcome the further commitment to tackling nutrient pollution at source in agriculture and industry and the much-needed planned improvements in our water infrastructure.” **The new nutrient mitigation scheme needs to be flexible** The National Federation of Builders, NFB, said despite the changes it would still be up to the local authority to decide whether developers should contribute to cleaning up the local environment. NFB housing and planning policy head Rico Wojtulewicz said better funding for the nutrient mitigation scheme was positive but that the system needed to be more adaptable. “If pollution levels drop considerably, the taxes and land ownership models must be flexible, which means a wetland which doesn’t contribute to reducing pollution levels can return to previous use or be used for something different.” [Brokers Hank Zarihs Associates](https://www.hankzarihs.com/london/) said [development finance](https://www.hankzarihs.com/development-finance/) lenders supported the government’s decision to tackle river pollution at source and that this would help SME builders. The [Home Builders Federation](https://www.hbf.co.uk/nutrient-neutrality-4-years-on/), HBF, estimates 145,000 planned homes have been stalled since the EU court ruling on the habitats directive in late 2018 for river nutrient neutrality in vulnerable spots. HBF executive chairman Stewart Baseley said: “The prospect of a swift resolution will be much-needed good news for companies on the verge of going out of business, their employees and for households most affected by housing affordability pressures. Builders will be able to bring forward otherwise stalled investment in communities and get spades in the ground.” Following the judgment Natural England identified areas in 74 local authorities where there were high levels of phosphates and nitrates in rivers. In these catchments, housebuilders had to offer woodland or wetland creation to generate nutrient credits. Regions particularly affected included The Solent on the south coast, parts of the southwest and areas surrounding the River Wye in Herefordshire. Environment, food and rural affairs secretary Thérèse Coffey said farms would be inspected to ensure slurry and other nutrient sources were handled in the right way to cut river pollution. Farmers would be supported by investing £200m in grants for improved slurry storage infrastructure and precision spreading equipment. She said the government’s nutrient reduction plan would help deliver the legal requirement to reduce nutrient runoff from agriculture by at least 40 per cent by 2038. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [Repair work to soar in wake of RAAC crisis](https://www.hankzarihs.com/repair-work-to-soar-in-wake-of-raac-crisis/) **Published:** September 6, 2023 **Author:** Shiraz Khan **Content:** **Repair work to soar in wake of RAAC crisis** Builders could be overwhelmed with repair work to schools, hospitals, theatres, and other unsafe public buildings due to failing RAAC panels. Earlier this week the government revealed 156 schools contained reinforced autoclave aerated concrete, RAAC, of which 104 required urgent action with 52 already repaired. The Federation of Master Builders, FMB, chief executive Brian Berry said: “Local builders may struggle to cater for the scale of the issue facing schools, as they tend to have full schedules for months ahead. “This could affect the speed of work like putting up portable classrooms, to ensure children don’t miss lessons.” The sort of sub-contractors expected to be in demand following a structural survey include roofers, insulation installers, and asbestos removal specialists. More than half of FMB members have said they are falling behind schedule as they struggle to hire skilled workers to fulfil their order books. It’s estimated nearly 20 hospitals, several theatres and other public state buildings also contain this type of cheap lightweight concrete which lasts for just 30 years. Construction Leadership Council, [CLC](https://www.constructionleadershipcouncil.co.uk/wp-content/uploads/2023/09/CLC-RAAC-Statement-050923.pdf), building safety expert Graham Watts said: “There is an urgent need to identify and remedy any risks to the public. “We will support the programme of expert assessment of structures, both public and private, to identify where RAAC has been used and to deal with it to make it safe.” The CLC has set up a technical panel to assess risk and support the design and delivery of remediation required of public buildings. **Green retrofits could be a positive spin-off** The National Federation of Builders, NFB, said widespread remediation could offer the chance to conduct green retrofits. NFB policy director James Butcher said: “Forward-thinking building clients would do well to consider how they can also use the opportunity to install energy efficiency measures. “Because RAAC is likely to be found in roof panels and wall panels, it is a prime chance to replace it with efficiency fabric as well as to install mechanic ventilation systems.” Brokers [Hank Zarihs Associates](http://www.hankzarihs.com) said lenders would be [keen to offer construction loans](https://www.hankzarihs.com/construction-loans/) to sub-contractors taking on this type of work. RAAC panels were used from the 1950s up to the mid-1990s to keep pace with growing school numbers. A National Audit Office, NAO, report in June found more than a third of English school buildings were past their initial design life making them energy inefficient and expensive to run. An estimated £7b a year is needed to maintain, repair and rebuild schools but the Treasury has allocated just £3.1bn. Head of the NAO Gareth Davies said: “At present, 700,000 pupils are learning in schools requiring major rebuilding or refurbishment.” His report highlighted that while schools account for more than a third of public sector buildings the Education Department has yet to implement emission targets. Although it does plan to rebuild 500 schools to be net zero over the next decade. Photo by Robert Keanne on [Unsplash](https://unsplash.com/photos/YEsHJ62YGVM?utm_source=unsplash&utm_medium=referral&utm_content=creditCopyText). ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Uncategorized --- ### [Lords overturn move to ease river pollution rules for developers](https://www.hankzarihs.com/lords-overturn-move-to-ease-river-pollution-rules-for-developers/) **Published:** September 14, 2023 **Author:** Shiraz Khan **Content:** The government’s amendment to ease nutrient neutrality rules for rivers in sensitive areas was rejected in the House of Lords with 192 peers voting against versus 161 in favour. Baroness Willis of Summertown said the Homebuilders Federation’s claim that urban development counted for less than five per nutrient loading was out of date. She said an updated Defra, department for food and rural affairs, report showed that sewage effluent was responsible for closer to 30 per cent of river nutrients with agriculture accounting for 70 per cent. “We are already dealing with extremely polluted rivers. In February this year the environment agency reported that only 14 per cent of our rivers are in a good ecological standard and that without new intervention this would drop to six per cent by 2027,” said Baroness Willis. Conservative peer the Duke of Wellington said: “More houses create more sewage. The government appears to be relieving housebuilders from the cost of this mitigation.” He criticised the amendment for requiring planning authorities to assume nutrients from a new development would not affect a site and preventing them, or a third party, from doing a pollution assessment. Lord Best, a member of the built environment committee, said: “Housebuilding is not the main culprit. The first culprit is intensive farming and secondly the water companies who haven’t done what they should have done for years.” The defeat of the amendment is a major setback for the government’s plans to overturn a European Court of Justice ruling in 2018 known as the ‘Dutch case’. The judge ruled that the additional release of nutrients in protected areas or important wetland sites in unfavourable conditions should be limited. **SME housebuilders could fold** Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance lenders were worried that SME builders in areas affected by the directive would go out of business and that the planning moratorium was sprung on them with no warning. [Research](https://www.hbf.co.uk/news/nimby-lords-proposals-do-nothing-to-improve-our-rivers-just-deepen-our-housing-crisis/) commissioned by the Homebuilders Federation, HBF, shows developers have given water companies more than £1bn in the past three years to support infrastructure for new homes. The trade body said that the EU habitats directive means there is a planning moratorium in 74 local authorities in England and Wales. HBF chair Stewart Baseley said: “New homes make a negligible contribution to the nutrients issue, around 150,000 homes across the country remain on hold. Whilst doing nothing to reduce the disgraceful pollution of our rivers the ban is deepening our housing crisis, reducing economic activity and costing jobs. After four years we need to see politicians delivering a solution to address this damaging ban so desperately needed homes can be built.” The trade body released new research this week that 171 local authorities were sitting on £1.4 bn in unspent developer contributions under section 106 agreements. The HBF has calculated that the real figure is closer to £2.8bn as only half of the councils in England and Wales supplied data requested under the freedom of information act. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Uncategorized --- ### [Housebuilders challenge on heat pumps still stands](https://www.hankzarihs.com/housebuilders-challenge-on-heat-pumps-still-stands/) **Published:** September 20, 2023 **Author:** Shiraz Khan **Content:** Despite the prime minister Rishi Sunak’s plans to water down net zero targets on gas boilers the goal to fit all new homes with heat pumps by 2025 still stands. Industry experts worry there are insufficient qualified installers to scale up from fitting 60,000 heat pumps last year to an estimated 250,000 a year by 2025. Currently, there are about 3,000 qualified installers but innovation foundation Nesta has calculated the country will need 27,000 by 2028 to hit current government targets. The chief executive of the Energy and Utilities Alliance, which represents heat pump manufacturers, Mike Foster described the pool of labour as ‘limited’. “The demographics of transitioning to net zero is incredibly challenging. There’s a disproportion of heating engineers aged over 50.” “It will require fresh entrants to the labour force and a large number will have to be trained quickly and well so that high-quality installers go into properties and that people feel confidence.” The National Federation of Builders, NFB, is concerned about the lack of installers highlighting that just a handful of companies accounted for the 60,000 pumps fitted last year. NFB housing and policy head Rico Wojtulewicz said: “We don’t have enough installers and we only have a few years to get ready.” Chartered Institute of Plumbing and Heating Engineering, CIPHE, chief executive Kevin Wellman said there should be mandatory training for heat pump installation and a compulsory qualification. “Heat pumps are a different type of technology from gas boilers running from lower water temperatures, so you need to be able to look at the fabric of a building, its pipework and radiator size. It’s not a case of a like-for-like conversion course.” Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance lenders were concerned that the added cost of heat pumps and a shortage of fitters would pose significant challenges to SME builders. Another consideration for housebuilders is that heat pumps require an internal hot water cylinder in the same way as a conventional boiler. **PM hopes consumers will be tempted to adopt heat pumps** The prime minister is expected to ditch the 2026 ban on the installation of oil boilers affecting people living in rural areas in addition to scrapping the ban on installation of gas boilers. He has advocated a ‘pragmatic approach’ to achieving net zero by 2050 and has indicated he wants industry and government to persuade consumers of the benefits of heat pumps. Currently a major stumbling block is that buying and installing a heat pump costs in the region of £16,000 compared with just over £2,000 for buying and fitting a gas boiler. Industry is expecting the government to shift current levies on electricity to gas providing an incentive to the consumer to switch to heat pumps. Compared with other countries in Europe such as France the UK has a fraction of heat pumps but significantly more than the Netherlands which relies on North Sea gas. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Finance News, News, Planning News, Projects --- ### [SME housebuilders win reprieve on biodiversity rules](https://www.hankzarihs.com/sme-housebuilders-win-reprieve-on-biodiversity-rules/) **Published:** September 27, 2023 **Author:** Shiraz Khan **Content:** Smaller housebuilders are hoping the government’s decision to delay biodiversity net gain, BNG, rules until next year will lead to more practical requirements. Although the housebuilding industry has supported the concept of a ten per cent BNG, on or off-site, they were worried the new rules would put SMEs out of business. National Federation of Builders, [NFB](https://www.builders.org.uk/delay-to-biodiversity-net-gain-gives-us-a-chance-to-build-in-biodiversity/), chief executive Richard Beresford said: “We have worked incredibly hard on strategies to ensure BNG can work in practice and the announced delay gives us a chance to work more closely with the government to implement onsite solutions. “By building in biodiversity, we can ensure development acts to grow habitats and stimulate species recovery, rather than acting as a block on wildlife corridors via offsetting credits.” The trade body feared that SMEs would struggle to set aside enough land for BNG rules and wrote to the government last month with alternative options. They were keen to see onsite solutions such as bat boxes and bee bricks included in the habitats’ metric for smaller developments. They have proposed the government adopt a two-year trial to see if this works for sites of up to 50 homes and that BNG be set at five per cent. “The evidence is clear, if you build in biodiversity, you improve biodiversity outcomes and our proposal achieves this in practice, rather than going down the offsetting route,” said Mr Beresford. The House of Lords built environment committee said it was aware that developers on smaller sites would find it difficult to deliver on-site mitigation. “Large, and growing, up-front costs disincentivise developers of all sizes from entering the housing market. For smaller developers with limited access to finance they are a greater burden,” it said in its [*The Impact of Environmental Regulations on Development*](https://publications.parliament.uk/pa/ld5803/ldselect/ldbuiltenv/254/254.pdf) report published last week*.* **Guidance needs tightening up to prevent planning delays** The committee recommended the government review the range of ecological assessments required and issue guidance on which can be discretionary for smaller sites. The Homebuilders Federation[, HBF](https://www.hbf.co.uk/), said while the industry was committed to creating places that protect and enhance the natural environment the BNG rules could be improved. HBF managing director Neil Jefferson said: “There are significant gaps in the government’s guidance which will not only prohibit local authorities’ abilities to effectively manage this new requirement but inevitably lead to further delays in the planning process. “We need the government to deliver on its requirements such that industry can provide these huge environmental benefits alongside desperately needed new homes.” Brokers [Hank Zarihs Associates](https://www.hankzarihs.com) said development finance lenders would be keen to see BNG rules that adopted a more flexible approach for small sites. Photo by [Mariko Margetson](https://unsplash.com/@mightyhummingbird?utm_source=unsplash&utm_medium=referral&utm_content=creditCopyText) on [Unsplash](https://unsplash.com/photos/1nmYnJgnmr8?utm_source=unsplash&utm_medium=referral&utm_content=creditCopyText) ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [SMEs should be harnessed to help build 1.5m new homes](https://www.hankzarihs.com/smes-should-be-harnessed-to-help-build-1-5m-new-homes/) **Published:** October 11, 2023 **Author:** Shiraz Khan **Content:** Smaller housebuilders must be part of the push to build 1.5m new homes over the next five years if Labour is elected, says the construction industry. Labour leader Sir Kier Starmer told party conference delegates they would ‘bulldoze’ the planning system and harness development corporations to build new towns across England. “There is one barrier so big, so imposing that it blocks out all light from the other side. “A blockage that stops this country building roads, grid connections, laboratories, train lines, warehouses, windfarms, power stations. “An obstacle to the aspirations of millions – now and in the future – who deserve the security of home ownership. A future hidden by our restrictive planning system… we must bulldoze through it,” said Sir Kier. The Federation of Master Builders, [FMB](https://www.fmb.org.uk/resource/labour-s-big-build-needs-small-builders-demands-fmb.html), has backed Sir Keir’s announcement on new settlements to promote regional growth but said local builders must be part of the process. FMB chief executive Brian Berry said: “By bringing SMEs on board with new town development this will ensure high quality and diverse housing is delivered, while also creating wider benefits, like vocational skills opportunities.” The National Federation of Builders, [NFB](https://www.builders.org.uk/), agreed and said development corporations were the ‘perfect mechanism’ to deliver this. It also wants large sites, where 100 or more homes are planned, to be subdivided by 20 to 30 builders. **Green belt review needed** Sir Kier also spoke about challenging the use of the green belt in certain circumstances to get Britain building again. “Where there are clearly ridiculous uses of it, disused car parks, dreary wasteland. Not a green belt. A grey belt. Sometimes with a city’s boundary. Then this cannot be justified as a reason to hold our future back,” he said. The building industry and the Royal Institution of Chartered Surveyors, [RICS](https://www.rics.org/news-insights/rics-comments-on-keir-starmers-labour-party-conference-speech), support the Labour Party leader’s pledge to reform local planning laws to make it easier to develop land. RICS has called for an evidence-led review of the green belt looking at ‘brownfield’ and ‘grey field’ sites. “It’s encouraging that Labour is tackling the emotive issue of the green belt, with the so-called ‘grey belt’ which has restricted sensible and sustainable development for too long,” said Mr Berry. NFB housing and planning head Rico Wojtulewicz said: “We need to assess the green belt. It is supposed to stop urban sprawl not just any green area you want to protect.” Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said that development finance lenders supported a shake-up of local planning policy making it easier to construct homes and commercial buildings. RICS has called for better resourced local authority planning departments to tackle backlogs, produce up-to-date plans and reduce turnover. Sir Kier pledged that the new sovereign wealth fund would invest in roads, tunnels and power stations with new cables laid to improve the National Grid. The money from the fund would also create a series of technical colleges to plug building skills gaps. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [Government has full house for developers’ remediation contract](https://www.hankzarihs.com/government-has-full-house-for-developers-remediation-contract/) **Published:** October 25, 2023 **Author:** Shiraz Khan **Content:** An updated [list](https://www.gov.uk/government/publications/developer-remediation-contract) published this week shows all 51 developers have now signed up to the government’s building safety remediation contract. Four developers who had signed up have been found to be outside the scope which covers properties of 11 metres or higher built in England over the last 30 years. A spokesperson from the department for levelling up, housing and communities said: “It’s good news. We are glad that all the developers we have approached have now signed.” The government initially gave developers until March to sign or face the threat of being banned from building new homes under building safety laws. However, at that point, there were still eleven major developers who hadn’t signed including Rydon Homes a sister company of Grenfell contractor Rydon Maintenance. They had originally resisted on the basis they were a smaller housebuilder developing an average of 16 homes a year but eventually signed on the 18th of September. The House Building Association of the National Federation of Builders, NFB, was pleased the government took on board their comments that SME housebuilders be excluded. However, they had lobbied that the criteria of less than ten homes on a site should have been fewer than 40. Abbey Developments Ltd was the last signatory, finally putting their name to the contract on the 24th of October. The remediation contract requires all signatories to fix critical fire safety defects in buildings they had a role in refurbishing or developing. They must also reimburse the taxpayer where government funds have already paid for remediation. The four developers who were found to be outside the scope of the contract were Davidsons, MacTaggart & Mickel, Robertson and Wain Homes. **Developers outside the ‘responsible actors’ scheme’ can’t house build** The government is to create a responsible actors’ scheme to prevent developers who have not signed up to the contract from operating freely in the housing market. The [NFB](https://www.builders.org.uk/nfb-response-to-the-building-safety-levy-consultation/) has criticised the government for failing to chase international developers and for lowering the height of buildings included in remediation from 18 metres, seven storeys, to 11 metres, five storeys. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance lenders were pleased there was now clarity over who are the responsible actors. Levelling up, housing and communities secretary Michael Gove, said the contract was to address the wrongs of the past and protect ‘innocent leaseholders’ from huge remediation bills. “Too many developers, along with product manufacturers and freeholders, have profited from these unsafe buildings and have a moral duty to do the right thing and pay for their repair,” he said when launching the scheme in January. “In signing this contract, developers will be taking a big step towards restoring confidence in the sector and providing much-needed certainty to all concerned. “There will be nowhere to hide for those who fail to step up to their responsibilities – I will not hesitate to act and they will face significant consequences.” The government is introducing a building safety levy to all new homes in England regardless of height which is expected to raise £3bn for funding remediation repairs. Affordable homes, community buildings such as refuges and developments of less than ten units will be excluded. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [Young Londoners Call for Green Belt Reform](https://www.hankzarihs.com/young-londoners-believe-green-belt-reform-needed-to-unlock-more-homes/) **Published:** November 1, 2023 **Author:** Shiraz Khan **Content:** Two-thirds of younger Londoners support green belt reform to help solve the capital’s housing crisis and enable them to buy their first home, according to research. [Pocket Living](https://www.pocketliving.com/about/pocket), which builds affordable homes for first-time buyers, surveyed 1,000 Londoners aged between 25 and 45 and found more than three quarters, 78 per cent, felt the government was not doing enough to create reasonably-priced homes. Chief executive Marc Vlessing said: “Our findings suggest a staggering two in three non-homeowning Londoners believe they will never own their own home and without urgent intervention to enhance housing solutions, the capital could see many hard-working city makers, essential to our growing economy, pack their bags and leave.” He said the end of policies such as help-to-buy and higher mortgage rates plus the cost-of-living crisis meant a growing number of young people felt they would never be able to buy in London. The survey found 65 per cent of respondents believed they would never be able to buy their own home, with the number of people looking to buy within London plunging to a three-year low. Just over one in ten, 13 per cent, stated their intention to buy over the next 12 months – down from one in five in 2021. Nearly all respondents, 96 per cent, believed that housing is a crucial issue for politicians to focus on ahead of the next general election ranking it above education, immigration, and Brexit. At the Labour party [conference](https://www.hankzarihs.com/smes-should-be-harnessed-to-help-build-1-5m-new-homes/) last month opposition leader Sir Keir Starmer promised to examine green belt restrictions, with a particular focus on land that is not greenfield but is unavailable for housing development. “Where there are clearly ridiculous uses of it, disused car parks, dreary wasteland. Not a green belt. A grey belt. Sometimes with a city’s boundary. Then this cannot be justified as a reason to hold our future back,” he said. Green belt designated land now makes up 22 per cent of the total land area in London, the highest proportion for any area in England, according to government data. **Housing transcends party political preferences for younger voters** Pocket Living’s survey, now in its third year, found 67 per cent would vote for a candidate at the next election promoting more housing delivery regardless of their political stance. This figure increases to 73 per cent of those aged between 25-29, suggesting that the younger the demographic the more likely housing issues will influence their key political decisions over the next 12 months. “It is clear from our research that these Londoners are ready to take to the ballot box to help improve their long-term housing needs and in 2024 they will have the opportunity to do just that,” said Vlessing. The study found almost one quarter, 22 per cent of non-homeowners under 45 are considering leaving London over the next 12 months, due to high rents and for-sale housing costs. A quarter of the key workers surveyed, roughly 200,000 people in the 25- to 45-year-old age bracket, could also leave in search of more affordable housing this year. The results were weighted by age, gender and borough to ensure that the results are representative of 25 to 45-year-olds living in London, based on the latest census data. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance lenders were keen to see reform of the planning system so that housebuilders can speed up delivery. Photo by Pocket Living of Woodside Park Development, North London. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [King’s speech omission on housebuilding a ‘missed opportunity’](https://www.hankzarihs.com/kings-speech-omission-on-housebuilding-a-missed-opportunity/) **Published:** November 9, 2023 **Author:** Shiraz Khan **Content:** Prime minister Rishi Sunak’s pledge to build the “foundations for a better future” in the King’s speech failed to mention addressing the country’s decline in housebuilding. The construction industry was dissatisfied the speech omitted legislation to overhaul nutrient pollution laws estimated to be holding up 150,000 new homes in river catchment areas. [Federation of Master Builders](https://www.fmb.org.uk/) chief executive Brian Berry said: “It is disappointing that there was nothing of note to address the alarming decline in housebuilding rates across the country nor any new plans to improve the nation’s draughty and leaky homes.” The Royal Institute of British Architects, [RIBA](https://www.architecture.com/), described the speech’s failure to address the housing crisis and climate emergency as a ‘missed opportunity’. RIBA president Muyiwa Oki criticised proposed legislation on the future licensing of new oil and gas fields. “The emphasis placed on increasing energy supply, rather than adopting a national retrofit strategy to reduce energy demand, feels misguided,” he said. [The Royal Institution of Chartered Surveyors](https://www.rics.org/news-insights/rics-comments-on-the-kings-speech) said it was disappointed the government had moved away from its commitment to introduce higher energy-efficiency standards for rented homes. “There should have been an announcement to reform energy performance certificate methodology, given the independent review into net zero’s recommendation to introduce new energy standards based on a new energy measurement system.” The [UK Green Building Council](https://ukgbc.org/) said the government had failed to address energy waste from homes and buildings that are fuelling the cost of living and climate crises. Policy and public affairs head Louise Hutchins said: “Formally pulling the plug on minimum energy efficiency standards for private rented homes will condemn millions of people living in fuel poverty to continue enduring cold, mouldy homes. “As we hurtle towards climate disaster, opening up new oil and gas extraction while failing to deal with the huge demand from gas heating in buildings will only take us further off-course from the net zero future we so desperately need.” **Regeneration of towns lacks detail** The speech’s reference to regenerate downs across the UK offered a glimmer of hope for the building industry. Mr Berry said: “Reference to plans to regenerate towns across the UK is promising but without the detail, the jury is still out about whether this will benefit local builders. “A clear commitment from government to engage with SMEs would have helped provide more assurance at a time when enquiries for new building work are falling by as much as 40 per cent.” Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance lenders were keen to see more support for SMEs in any future regeneration plans. Mr Berry said that the new advanced British standard qualification with its focus on enhancing skills and vocational training was “encouraging”. “This has long been an issue of great importance to SME builders looking to recruit staff and grow their businesses.” The government is expected to launch a consultation this month with a white paper next year on the new system which seeks to replace A-levels and T Levels with one single qualification. Other legislative initiatives include banning ‘no fault’ evictions and reforming leasehold legislation making it easier to extend a lease or buy the freehold. Photo by [Tom Rumble](https://unsplash.com/@tomrumble?utm_content=creditCopyText&utm_medium=referral&utm_source=unsplash) on [Unsplash](https://unsplash.com/photos/top-view-photography-of-houses-at-daytime-7lvzopTxjOU?utm_content=creditCopyText&utm_medium=referral&utm_source=unsplash) ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Uncategorized --- ### [Hefty planning fee rise with no promise to improve services](https://www.hankzarihs.com/hefty-planning-fee-rise-with-no-promise-to-improve-services/) **Published:** November 15, 2023 **Author:** Shiraz Khan **Content:** The building industry has hit out at planning fee hikes of 35 per cent for developments of more than ten homes and 20 per cent for other applications with no guarantees services will improve. The last price rise was in 2018 when councils were allowed to increase fees by up to 20 per cent if they agreed to invest the money in their planning departments. There are no such conditions for the new price hikes which go live on the 6th of December. The National Federation of Builders, [NFB](http://www.builders.org.uk), housing and planning policy head Rico Wojtulewicz said planning should be monitored to see if they are delivering value for money. “There needs to be an assurance that planning is speeding up. The only way to do this is with an Ofsted-style inspection system.” He added: “We’re happy to pay as long as it’s a better service but there are no assurances that what we pay will lead to better outcomes. It’s revenue-raising off the back of businesses.” **Less than a fifth of planning applications are approved on time** A spokesperson for the department for levelling up, housing and communities said: “We have made it clear that we expect local authorities to use the income from the planning fee increase for direct investment in their planning services to lead to an improved service. Office of National Statistics data shows less than one fifth of councils are hitting the statutory target of approving a major application within 13 weeks compared with 56 per cent in 2014. The department for levelling up, housing and communities was contacted for a comment but was unable to provide one at the time of writing this article. Chief planning officer Joanna Averley said: “Local planning authorities should make arrangements to update their websites to reflect these changes to planning fees. The planning portal will also be ready to implement the new fees, where they receive applications on your behalf.” The planning guarantee for applications of less than ten homes is to be reduced from 26 to 16 weeks. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance lenders were pleased with the tighter limit. However, it said the decision to remove fee exemption for repeat applications would be tough for SME builders. Under the new system, only applications resubmitted within 12 months of a refusal or withdrawal that meet all other conditions will have their fee waived. Photo by [Christopher Bill](https://unsplash.com/@umbra_media?utm_content=creditCopyText&utm_medium=referral&utm_source=unsplash) on [Unsplash](https://unsplash.com/photos/5-pieces-of-banknotes-on-yellow-and-white-textile-rrTRZdCu7No?utm_content=creditCopyText&utm_medium=referral&utm_source=unsplash) ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, News, Uncategorized --- ### [Capital Office Starts Hit Record](https://www.hankzarihs.com/crane-survey-sees-record-number-of-office-new-starts-in-the-capital/) **Published:** November 22, 2023 **Author:** Shiraz Khan **Content:** Deloitte’s latest London office crane survey sees the highest volume of new offices being built since 2005 the study was extended to cover seven central London areas. Currently, 124 schemes are under construction totalling more than 15m square feet in volume in the West End, Midtown, Southbank, Docklands, Kings Cross and Paddington with The City leading the way. Deloitte real assets advisory director Sophie Allan said: “New builds have roared back from their post-pandemic nadir, which has likely been driven by large pre-lets and growing developer confidence in the demand for premium office space.” The winter survey has seen the start of five large schemes of 300,000 sq ft and more accounting for 40 per cent of the new start volume. At nearly six per cent higher than the volume recorded in the last survey and with seven fewer schemes starting, the average new scheme rose to about 119,000 sq ft, from 88,000 sq ft previously. The period has also recorded about four million sq ft of completed office space across 45 schemes in central London. More than 60 schemes with a total volume of about six million sq ft are expected to be completed by the summer survey next year. “The future will see further skyscrapers added to the City’s skyline, with three large developments recently obtaining planning permission,” said Ms Allan. Refurbishment starts have broken records for the second consecutive survey, comprising 34 schemes covering 3.3 million sq ft. The increase in refurbishments has been driven by the anticipated tightening of minimum energy efficiency standard regulations, coupled with demand for premium-grade office space which aligns with tenants’ sustainability commitments. **Pipeline looks robust** There are 124 schemes under construction across the central London market, with a total volume of 15.7 m sq ft. This represents a nine per cent increase on the total construction volume of 14.4 m sq ft recorded in the last survey. Deloitte chief insights officer for financial services and real estate Margaret Doyle said: “Demand for premium office space is still fuelling rising construction new starts this year, but supply chain issues and other construction delays may continue to affect completion dates. “Interestingly, developers we have spoken to seem to be more concerned about the supply of, rather than demand for, premium space. With the increased volume of new starts and completions reported this year, there is a healthy amount of prime office stock on its way to the market. But despite this Ms Doyle said the macro-environment for the London office market remained challenging. “The current economic and geopolitical backdrop implies significant uncertainty about the future path of energy prices, inflation, and interest rates. “But for now, developers seem prepared to bet that, if they build premium office space, the metropolis will continue to attract occupiers.” **The Square Mile rebounds** The survey suggests that the City of London has bounced back, with 2.4 million sq ft of office space starting across 16 schemes. This includes two large new build starts and the largest refurbishment start of the survey. Together these schemes represent almost 1.4 million sq ft of new starts. These developments are in line with the City’s historical trend of hosting large-scale new builds, over 500,000 sq ft, with sizeable floor plates. Ms Doyle added: “The leasing market is seeing activity pick-up as more occupiers are starting to firm up their working patterns. “The City could see a further uptick in activity as the appetite for premium office space from certain sectors – such as professional and financial services – applies positive demand pressure. This means that developers are further incentivised to upgrade and build new offices.” Comparatively, new starts in the West End have declined by 13 per cent over the last survey to 1.1 million sq ft. This is in part due to a few developments completed during this survey period, as it continues to show strong levels of activity. Southbank has recorded an increase of 19 per cent this survey period, largely driven by a 385,000 sq ft refurbishment. **Environmental, social and governance drive refurbishment** Developers anticipate that they will achieve operational net-zero across their portfolios by 2040. However, developers highlighted construction costs as the biggest challenge in achieving this target. They listed limits on total energy use intensity as one of the most challenging possible future requirements of the forthcoming net-zero carbon buildings standard. Deloitte real estate valuation lead Philip Parnell said: “Occupier focus on premium space, coupled with addressing the anticipated minimum energy efficiency standard regulations deadline and drive to net-zero, is continuing to provide a strong stimulus to refurbishment activity. “This is a trend that is countering the backdrop of an otherwise challenging macro-economic environment.” Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said lenders were keen to offer development and refurbishment finance to builders to improve offices’ green credentials. Deloitte’s London crane survey is conducted twice a year and measures new builds or significant office refurbishments of 10,000 sq ft or more. Photo by [Ed Robertson](https://unsplash.com/@eddrobertson?utm_content=creditCopyText&utm_medium=referral&utm_source=unsplash) on [Unsplash](https://unsplash.com/photos/high-rise-buildings-ON6Xw8XEUQ8?utm_content=creditCopyText&utm_medium=referral&utm_source=unsplash) ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [Planning delays pose the biggest threat to SME housing delivery](https://www.hankzarihs.com/planning-delays-pose-the-biggest-threat-to-sme-housing-delivery/) **Published:** November 29, 2023 **Author:** Shiraz Khan **Content:** More than half of SME builders reported the planning system as their biggest barrier to delivering new homes, according to the Federation of Master Builders, FMB, annual survey. Respondents cited ‘inadequate resourcing’ of planning departments as the main reason for delays in applications followed by poor communication. FMB chief executive Brian Berry said: “For small builders, the survey is clear that the system is too complex and costly. Communication from local planning authorities is also poor. Without changing this, planning issues are likely to loom large as a barrier for some time.” Extra expense due to planning delays was the most significant cause of additional costs. Out of the 127 members surveyed only 12 per cent had a ‘high degree of certainty’ in the planning process. Nearly half, 45 per cent, had medium certainty with a third, 32 per cent, seeing a low degree followed by 11 per cent with a very low degree of certainty in the planning process. The second biggest barrier was restricted mortgage availability with just over half, 51 per cent, indicating this was a problem. Buyer demand was at its lowest since 2015, when the survey began recording this data, with an average score of two out of five, with five being very good and nought being very poor. “This issue has seen a rapid rise over the last two years, reflecting the devastating impact the wider economy can have on the small house builders. With many consumers choosing not to take out mortgages it would appear the market is only getting smaller, resulting in less homes being built,” said Mr Berry. He added that this would be tough for SMEs whose housebuilding market share has dwindled from 40 per cent more than 30 years ago to just ten per cent now. Nearly a third of respondents, 63 per cent, said small site opportunities are decreasing, down from 82 per cent last year, with five per cent reporting that the number is increasing. And 60 per cent reported obtaining planning for small sites was worsening with 59 per cent believing national planning policy framework requirements on councils to identify sites wasn’t helping. “Lack of available land is also frustrating small builders and without proper incentives for local authorities to promote small sites it seems unlikely there will be much change,” added Mr Berry. **Interest rate charges hold SME developers back** Access to finance received the lowest rating in six years of just under two out of five with interest rate charges on new loans quoted as the most significant issue restricting the ability to build new homes. More than half, 53 per cent, cited self-build or custom contracts as the most popular source of funding for a new project. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said there were still development finance lenders out there offering a property development mortgage at a good rate. Nearly all respondents, 94 per cent, said it had become more expensive to build over the last 12 months. More than half, 53 per cent, said it had become 20 per cent more expensive with one in five saying it was 30 per cent more expensive per site. Just under a quarter, 24 per cent, plan to grow their on-site workforce over the next year with 57 per cent planning to keep roughly the same numbers and 12 per cent planning to decrease headcounts. Half of respondents said they would be upskilling their workforce with 36 per cent reporting they would hire one or more apprentices down slightly on last year’s 40 per cent. Over 70 per cent of respondents said they were not confident about the new rules on biodiversity net gain which go live next year. More than half said there would be increased costs associated with future homes standards in 2025 when gas boilers can no longer be installed. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [Housebuilding costs will soar if solar panels become mandatory](https://www.hankzarihs.com/housebuilding-costs-will-soar-if-solar-panels-become-mandatory/) **Published:** December 14, 2023 **Author:** Shiraz Khan **Content:** Solar panels on the roofs of all new homes will add millions to the cost of housing developments, warns the National Federation of Builders. The trade body is unhappy with a proposal that they could become mandatory under the *Future Homes and Building Standards* [consultation](https://www.gov.uk/government/consultations/the-future-homes-and-buildings-standards-2023-consultation/the-future-homes-and-buildings-standards-2023-consultation) released this week. [NFB](https://www.builders.org.uk/) head of policy and market insight Rico Wojtulewicz said: “They’ve pushed photovoltaic panels as a great thing, but they aren’t if they’re merely an add-on and the environment for delivery is flawed. He said this would require developers to apply to distribution network operators who are licensed to bring electricity from the National Grid to homes and businesses. “This could involve investment in reinforcing the grid or installing three-phase electricity. There would also be the challenge of finding and paying for an accredited installer.” Mr Wojtulewicz said that a better use of resources would be for housebuilders to invest more in insulation and the technical details of a home such as the weight of the doors, wall thickness plus air tightness. “This is why we have always preached a fabric first approach while lobbying for reform of solar policy.” The UK Green Building Council, [UKGBC](https://ukgbc.org/news/future-homes-standard-draft-sets-energy-efficiency-standards-lower-than-many-homes-built-today/), said the government couldn’t describe their proposals as a ‘future’ standard as they had opted for the least ambitious option possible. UKGBC deputy chief executive Simon McWhirter said: “It’s unconscionable that the Government is consulting on scrapping the expectation that new roofs should have solar panels, when this is already widely delivered through current regulations.” **Consultation document leaves out key measures** Mr Wojtulewicz highlighted that while the government is requiring that all homes are ready for electrification by 2025 it hadn’t looked at the warranty period for heat pumps and induction hobs. He said these electrical features could have a shorter life span than their gas counterparts. The UKGBC said it was disappointed that despite the delay in the consultation the government had not included measures to reduce embodied carbon emissions from construction. Mr McWhirter said this accounted for one in ten tonnes of the UK’s climate emissions. “Nor has it moved to tackle flood risk or end the huge water waste from new builds that are driving shortages and so much ecological damage. “The best developers have spent years and millions gearing up for modern green building standards which shows that higher standards are possible.” Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance lenders were keen to fund SME developers who have often proved particularly innovative when it comes to reducing a home’s carbon footprint. Consultation on the proposals, which includes changes to Part 6, L and F of building regulations and evidence on Par O, closes on the 6th of March next year. The government has said that once introduced there would be no further work needed for new buildings to meet the UK’s 2050 net zero target. Photo by [Giorgio Trovato](https://unsplash.com/@giorgiotrovato?utm_content=creditCopyText&utm_medium=referral&utm_source=unsplash) on [Unsplash](https://unsplash.com/photos/brown-and-white-concrete-house-mIlvCv21W1s?utm_content=creditCopyText&utm_medium=referral&utm_source=unsplash). ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Uncategorized --- ### [Housing Crunch: Population Surge to Spike Costs](https://www.hankzarihs.com/housing-affordability-to-worsen-with-7-per-cent-rise-in-population/) **Published:** January 17, 2024 **Author:** Shiraz Khan **Content:** More young people look set to live with their parents as buying a home becomes increasingly expensive, the government’s housing accelerator Homes England has warned. Office of National Statistics has revealed the cost of a home is rising quicker than earnings with affordability ratios increasing from 4.92 in 2002 to 8.28 in 2022. “Many young people cannot afford to buy homes in their local communities where they have grown-up, due to worsening affordability,” Homes England said in its latest factsheet [*The Need for Homes.*](https://www.gov.uk/government/publications/new-homes-fact-sheet-1-the-need-for-homes/fact-sheet-1-the-need-for-homes) Alongside this Homes England has quoted Census [statistics](https://www.gov.uk/government/publications/new-homes-fact-sheet-1-the-need-for-homes/fact-sheet-1-the-need-for-homes) which forecast the UK population soaring to more than 60m by 2045. Home Builders Federation, [HBF](https://www.hbf.co.uk/), executive director Steve Turner said: “Amidst an already acute housing shortage in this country house building is falling sharply. Whilst the government may say it wants to be building 300k homes a year, the policy environment is resulting in us getting further away from that target.” The National House Building Council’s latest quarterly [statistics](https://www.nhbc.co.uk/media-centre/statistics/2023/11/08/house-building-drops-to-lowest-levels-since-covid-as-challenging-economic-conditions-persist) published last November showed a year-on-year drop of 53 per cent in new registrations with completions down by 15 per cent. Last financial year just 234,000 new homes were built, down by six per cent on figures for 2019-20 and below the government’s 300,000 new homes a year target. **More infrastructure help and better-resourced planning authorities needed** The housebuilding industry has criticised the government over an anti-development planning system, lack of support for house buyers and under-resourced council planning departments. “The social and economic implications are stark, and unless the constraints are addressed urgently decent housing will become even more inaccessible, and thousands of jobs will be lost,” said Mr Turner. The National Federation of Builders, [NFB](https://www.builders.org.uk/), head of policy and market insight Rico Wojtulewicz said: “Planning for housing is just one part of the puzzle because we also need the infrastructure to support good placemaking, and this means greater land use. Unfortunately, the government has played planning politics for far too long and this has cost the British public affordable and enough housing, better jobs, regional connectivity and levelled up places.” Homes England has quoted Office of National Statistics [data](https://www.ons.gov.uk/peoplepopulationandcommunity/housing/datasets/ratioofhousepricetoresidencebasedearningslowerquartileandmedian) revealing the cost of a home is increasingly more quickly than earnings. In 2002 the average house price in England was £102,000 and the average salary was £20,739. However, in 2022 this climbed to £275,000 with the average salary rising to £33,208. London was the least affordable place to live with the average house price more than trebling to £525,000 in 2022 compared with an average house price of £174,000 back in 2002. Conveyancing solicitors Bird & Co said the number of enquiries it received from first-time buyers had slumped from 68 per cent in 2023 compared with 72 per cent in 2020. Partner Daniel Chard said: “Constructing new homes loses its purpose if they remain unaffordable, particularly for aspiring first-time buyers striving to step onto the property ladder.” Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance lenders were worried that the current tough sales environment might dissuade housebuilders from developing sites. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [Builders Warn: Brownfield Homes Insufficient](https://www.hankzarihs.com/smes-call-for-end-to-planning-uncertainty-to-enable-more-homes-to-be-built/) **Published:** January 29, 2024 **Author:** Shiraz Khan **Content:** Depoliticising planning and offering more help for first-time buyers would speed up housebuilding according to SME developers’ comments in a recent study. More than 90 per cent of the 303 respondents cited planning permission delays as a major growth barrier in the Homebuilders Federation’s fourth annual [*State of Play*](https://www.hbf.co.uk/documents/13189/HBF_Report_-_SME_report_Nov_2023_22Jan.pdf) *survey.* SMEs would like to see local councils’ planning committees replaced by an independent body of trained planning experts with residents’ input at the local plan state. Homebuilders Federation executive chairman Stewart Baseley said: “The debate around planning has become increasingly political over the last year. “Policy uncertainty is causing further delays where local authorities are withdrawing or pausing local plan consultations. Only when SMEs do well can the housing supply we need be delivered.” **More financial help for first-time buyers and review of green belt need** SMEs said there should be more financial help for first-time buyers and that there should be a national review of the green belt. They also called for more small sites in local plans with the process streamlined to make land available faster. Respondents also asked for housing delivery targets to be ‘mandatory’ again as an estimated 64 local councils have stalled on their local plans since the Government made them advisory in 2023. Nine out of ten SMEs said that local planning authorities were under-resourced and 46 per cent said planning permission costs had risen by more than 30 per cent. “SME house builders are particularly exposed to delays caused by under-resourced local authorities and the inefficient, embedded processes as they often don’t have the time or funds to navigate the system. If they aren’t building, they aren’t earning,” said Rowland Thomas, managing director of Close Brothers Property Finance which was played a part in the study. Respondents called for the threshold for affordable housing contributions to be raised from more than ten dwellings to 50 and that they should be paid at the end of the project rather than the start. Finance brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance lenders were keen to support SME developers as they regarded them as an important element in innovation. The survey showed two-thirds were exceeding current regulations when it came to constructing sustainable homes. “Too often the contribution that SME homebuilders make to our economy is overlooked, as is their role in helping to deliver high-quality homes that are tailored to the needs of local communities,” said James MacKenzie, managing director of Travis Perkins which was also involved in the study. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [Industry unconvinced deadline for better water treatment will boost housebuilding](https://www.hankzarihs.com/industry-unconvinced-deadline-for-better-water-treatment-will-boost-housebuilding/) **Published:** January 31, 2024 **Author:** Shiraz Khan **Content:** **Industry unconvinced deadline for better water treatment will boost housebuilding** Housebuilders are sceptical that pressure on water companies to get their treatment works up to scratch will unlock homes in areas where river nutrients are high. Last week environment secretary Steve Barclay announced water companies operating in 16 sensitive catchment areas would have to meet specified nutrient removal [standards](https://www.gov.uk/government/publications/notice-of-designation-of-sensitive-catchment-areas-2024/notice-of-designation-of-sensitive-catchment-areas-2024) by April 2030. [Home](https://www.hbf.co.uk/news) Builders Federation’s communications director Steve Turner said: “The notice is important as it requires local authorities, and indeed Natural England, to take the 2030 improvements to water infrastructure into account when determining decisions today.” The move follows the government’s failure last year to get House of Lords approval to overturn EU environmental protection laws blocking the building of an estimated 150,000 homes. The National Federation of [Builders](https://www.builders.org.uk/) policy and insight head Rico Wojtulewicz said: “Without emergency planning powers that assist water companies to invest in infrastructure more quickly, our water will remain polluted and all developments at risk of being made unviable.” The housebuilding industry has calculated that the occupancy of new homes generates less than one per cent of nitrogen and phosphorous a year and that industrial farming is the real culprit. “While steps to mitigate the disproportionate moratorium on development are welcome, the ongoing failure to find a broader solution that reflects the negligible contribution new homes make to river pollution, is a total failure of government,” said Mr Turner. Currently, 74 local authorities in England are affected by Natural England’s advice that run-offs into rivers and harbours with high nitrogen and phosphorus should be nitrate neutral. **SME housebuilders could still find they are disadvantaged** Mr Wojtulewicz said that SME builders and regional contractors could still find themselves in a difficult position. “They will not have the financial clout to test whether decision makers such as Natural England have actually taken future water company investments into account.” Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance lenders agreed that it would be important for water companies to be granted planning concessions for major infrastructure works. The 16 sensitive catchment areas where water companies must improve treatment works cover The Broads, The Solent, Somerset Levels and Moors Ramsar, Poole Harbour and ten rivers including the Avon and Derwent. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Uncategorized --- ### [Private house building new starts in the doldrums](https://www.hankzarihs.com/private-housebuilding-new-starts-in-the-doldrums/) **Published:** February 8, 2024 **Author:** Shiraz Khan **Content:** New home registrations showed a 44 per cent drop in 2023 compared with the previous year, according to figures released by the National House Building Council, [NHBC](https://www.nhbc.co.uk/binaries/content/assets/nhbc/about-page/annual-reports/annual-report-2022-23.pdf). There were just 105,449 registers by developers of intent to build compared with 189,009 in 2022 with the biggest decrease in the Northwest of 61 per cent. The West Midlands was the next worst hit with a drop of 59 per cent followed by the Eastern region with a 51 per cent decrease. National Federation of Builders, [NFB](https://www.builders.org.uk/), policy and insight head Rico Wojtulewicz said: “The market is one element creating a registration drop, as is the reliance on big builders on large sites who are more exposed to market forces. “However, the consequence of Covid-19 is also at play because work from home and slow planning decisions are finally filtering through. This means over the last three years fewer sites were permissioned and signed off for shovels to go in the ground and so completions have naturally reduced.” Private sector registrations were down 53 per cent to 64,877 compared with 136,805 in 2022. The rental and affordable sector saw a shallower decline with 40,572 registrations in 2023, down 22 per cent on 2022’s 52,204. Total new home completions were down by 12 per cent to 133,213 in 2023 compared with 151,308 in 2022. Private sector completions decreased by 20 per cent in contrast to the rental and affordable sector which was up by a record ten per cent standing at 45,649 new homes. NHBC chief executive Steve Wood said: “The backdrop of high interest rates, significant inflationary pressures and challenges with planning consents has suppressed private sale output in 2023.” However, he said there were signs of demand returning and expected to seed an improved position in 2024 with consumer confidence recovering as mortgage rates start to fall. **Measures to restore consumer confidence needed** “With a general election looming, we may also see new home-buyer incentives that influence build volumes. In the mid to long-term, the industry would welcome measures that restore consumer confidence and encourage market growth,” said Mr Wood. Mr Wojtulewicz said the return of incentives such as help-to-buy, enabling first-time buyers to purchase with just a five per cent deposit, would make a difference. Brokers [Hank Zarihs Associates](http://www.hankzarihs.com) said development finance lenders were worried that smaller housebuilders would continue to leave the sector without government intervention to help buyers. The NHBC is the UK’s largest provider of new home warranties and insurance and publishes annual data on housebuilding output. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, News --- ### [Builders Warn: Brownfield Homes Insufficient](https://www.hankzarihs.com/more-homes-on-brownfield-land-wont-solve-housing-crisis-warn-builders/) **Published:** February 15, 2024 **Author:** Shiraz Khan **Content:** Michael Gove has come under criticism for putting pressure on London and 19 other major cities to build more homes on brownfield land. The building industry has claimed the housing and levelling up secretary’s latest [consultation](https://www.gov.uk/government/news/build-on-brownfield-now-gove-tells-underperforming-councils) is a political move to avoid pressure to build on the greenbelt. National Federation of Builders, [NFB](https://www.builders.org.uk/government-seeks-to-shift-new-homes-from-greenbelt-to-brownfield/), chief executive Richard Beresford said: “There isn’t enough brownfield land to get close to solving the housing crisis.” The Federation of Master Builders, [FMB](https://www.fmb.org.uk/news-and-campaigns/press-releases.html), added that the government needed to include more places than 20 cities. FMB chief executive Brian Berry said: “There is a lack of affordable housing in the countryside, where small house builders once thrived. “There is a wealth of brownfield sites outside of our major cities, but they are often overlooked in local plans, this must be addressed”. The government is proposing brownfield presumptions for the 20 cities failing to meet their housing delivery targets and to give greater weight to brownfield land in planning policy. **Housing secretary Michael Gove said:** “Our new brownfield presumption will tackle under delivery in our key towns and cities – where new homes are most needed to support jobs and drive growth.” “This new approach will put rocket boosters under brownfield regeneration projects across the country and provide the new homes the country needs.” The 19 other major cities where presumptions will apply: Birmingham, Bradford, Brighton and Hove, Bristol, Coventry, Derby, Kingston upon Hull, Leeds, Leicester, Liverpool, Manchester, Newcastle upon Tyne, Nottingham, Plymouth, Reading, Sheffield, Southampton, Stoke-on-Trent and Wolverhampton. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said that development finance lenders supported efforts to make it easier for SME developers to build homes on brownfield sites. **Mayor of London defends the capital’s housebuilding record** London has come under scrutiny for failing to meet its target of 52,300 new homes a year clocking up a backlog of 60,000 four years into its ten-year plan. Only six out of the capital’s 32 boroughs have met their targets so London now must build 62,300 homes a year to catch up on the backlog. The mayor Sadiq Khan accused the government’s [review](https://assets.publishing.service.gov.uk/media/65ca302914b83c000ea716e8/London_Plan_Review_-_Report_of_Expert_Advisers.pdf) of its London plan as a ‘stunt’ to distract attention from the government’s failure to deliver on housing. “Housing completions in the capital have hit the highest level since the 1930s. London is delivering twice the level of council housebuilding as the rest of the country combined,” said a press office spokesperson. They added that 99.8 per cent of the capital’s housing delivery was on brownfield land and an additional 76,000 homes could have been built or accelerated with greater government investment. FNB policy and market insight head Rico Wojtulewicz said: “Brownfield is land allocated for non-residential development, if you get rid of it for housing, where do you put the extra GP surgeries, jobs, shops, services etc to support even higher local populations? Well, you either build them on the greenbelt, outside of communities or not at all.” The government is extending permitted development rights, so that shops, offices and commercial buildings of any size can be converted into new homes. British Property Federation chief executive Melanie Leech said that extending permitted development rights would not be a ‘silver bullet’ for boosting housing. “Only a small number of buildings are likely to be suitable for homes and it is paramount that there is effective ‘quality control’ in place to make sure that we do not end up with poor quality homes in our town centres.” The consultation on the proposals will run until Tuesday, 26th of March when to the government will look to implement the changes to the national planning policy as soon as possible. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [Small Site Pipeline: SME Housebuilders’ Step](https://www.hankzarihs.com/pipeline-of-small-sites-for-sme-housebuilders-to-develop-is-step-in-the-right-direction/) **Published:** February 26, 2024 **Author:** Shiraz Khan **Content:** Homes England is to pilot selling parcels of land for SMEs to build new homes in the Southeast and the Midlands. Housing and levelling up secretary Michael Gove announced the initiative earlier this week in a statement to parliament outlining his plans for long-term housing. “We are determined to support SME housebuilders who play such a vital role in our communities,” he said. The Federation of Master Builders described the move as a positive development. FMB policy head Jeremy Gray said: “The principle of breaking up large sites into smaller plots is a step in the right direction and something we have been calling on the government to introduce.” He said it would allow smaller local housebuilders to develop during the later phases of a project and would ensure the overall development was diverse in design. “This is good for the consumer as it provides them with a choice of housing and helps boost workloads for local house builders, who struggle with finding suitable small sites.” National Federation of Builders, NFB, policy and market insight head Rico Wojtulewicz said that at present the pilot was to sell small plots but hoped it would extend to the division of larger sites. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance lenders were confident that the pilots would be a success and lead to the sale of smaller plots nationwide. **Clear definition needed for an SME developer** Mr Wojtulewicz said the only ‘fly in the ointment’ was the lack of a clear-cut SME housebuilder definition. “We, and others, are currently working with Homes England for an SME definition. For example, a builder constructing 20 homes a year may have 70 staff, or high turnover as they are part of a group, and the Government deems them a medium-sized business.” He added that a developer delivering more than 100 homes annually fell into the same medium-sized category as a firm developing up to 1000 homes a year. Mr Gove also wants local authorities to stop setting higher community infrastructure levies, CILs, for sites of less than ten homes because affordable housing is not required. “This is not within the spirit of the government’s policy on small sites.” He said he would be updating guidance on this to “make it clear” that councils should consider the impact of CIL on SME developers. However, Mr Wojtulewicz said unless the government made it mandatory for local authorities not to raise CIL contributions, he doubted whether they would follow the guidance. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, News --- ### [Construction industry calls for tax breaks to make properties greener](https://www.hankzarihs.com/construction-industry-calls-for-tax-breaks-to-make-properties-greener/) **Published:** February 29, 2024 **Author:** Shiraz Khan **Content:** Stamp duty rebates for buyers who make their homes more energy efficient and for pensioners downsizing are among the tax breaks the property industry would like in the forthcoming budget. The National Federation of Builders, [NFB](https://www.builders.org.uk/), wants a stamp duty rebate given to homeowners who improve the energy performance ratings of their place to ‘C’ or above within two years of purchase. They also want the tax to be scrapped for new build homes with ‘A’ grade efficiency ratings. NFB policy and market insight head Rico Wojtulewicz said: “As the rebate wouldn’t be paid immediately, the government would also benefit from holding stamp duty for a period of time.” While the Homebuilders Federation, HBF, would like pensioners downsizing not to pay stamp duty which they claim would increase property transactions by half to about 150,000 a year. HBF communications director Steve Turner said: “Helping more people who wish to downsize would not only support their independent living and generate significant savings for the NHS but would also help younger families looking for a family sized home in prime locations.” Home for Later Living Group research reveals a quarter of those aged over 65 want to downsize translating to nearly one million owner-occupier households. “Based on Government targets of 300,000 new homes a year, this should include 30,000 retirement properties, or one tenth of overall housing delivery,” said Mr Turner. **Scrap 20 per cent VAT tax on green retrofits** The British Property Federation, BPF, wants VAT on green retrofit repairs to existing homes and commercial buildings removed to help the UK meet its net-zero 2050 target. BPF chief executive Melanie Leech said: “The chancellor must acknowledge the scale and complexity of the challenge to decarbonise our older building stock in particular and create tax and financing incentives that can unlock investment.” The NFB is calling for homes built before building control regulations came into force in the mid-1960s to have VAT reduced to five per cent to repair work to make them energy efficient. They calculate there are 12.5m such homes in the UK, many dating from before 1915, when traditional construction methods such as suspended timber floors or lime plaster were used. Mr Wojtulewicz said targeting the hardest buildings to make energy efficient would save these properties and create a pool of skilled workers. “Such a scheme would also lower the impact of VAT loss if the scheme was for all retrofitting works and encourage greater building reuse, rather than seeing buildings demolish.” The BPF is pressing for an upfront ‘green tax credit’ *to support energy efficiency improvements to commercial properties.* “This is particularly important where viability is challenging, such as the upgrade of heritage buildings or social housing,” said Ms Leech. Housebuilders also want to see schemes introduced to help first-time buyers with the HBF proposing an equity loan scheme requiring just a five per cent deposit. They suggest the government could match this with a 15 per cent equity loan enabling homebuyers to access mortgage deals at lower rates. The NFB is proposing that the help-to-buy scheme, scrapped in March 2023, be re-introduced for those wanting to buy a new home on a small development of up to 40 homes. They are also proposing it should be targeted for those most in need such as local first-time buyers with a growing family or single people. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) development finance lenders supported helping first-time buyers access lower loan-to-value mortgages would bolster SME developers building homes for local people. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [Biodiversity net gain pushing small housebuilders over the edge](https://www.hankzarihs.com/biodiversity-net-gain-pushing-small-housebuilders-over-the-edge/) **Published:** March 6, 2024 **Author:** Shiraz Khan **Content:** **Biodiversity rules pushing small housebuilders over the edge** Just three weeks into new rules on improving biodiversity uplifts on new housing schemes SME developers are facing a barrage of difficulties and extra costs. These include councils’ inflexibility to consider more than one biodiversity option in section 106 agreements and pushing up costs to the extent that offering affordable housing is no longer viable. National Federation of Builders, [NFB](https://www.builders.org.uk/), policy and market insight head Rico Wojtulewicz said: “At the moment we are seeing ridiculous costs. Smaller builders are literally being removed from the system. It’s devastating.” The trade body is meeting environment secretary Steve representatives this week to argue for the definition of a small development to be raised from ten to 50 units. Mr Wojtulewicz said that Natural England, the government agency overseeing biodiversity net gain, BNG, had already hinted they didn’t have a problem with the limit being raised to 50. Small developments benefit from using an automated calculator to assess proposals on improving habitats. NFB will also be pressing for onsite solutions such as installing bird and bat boxes, bee bricks, raised fences creating wildlife corridors and streetlights with spectrums that are kind to insects and bats. Defra’s biodiversity net gain rules for new housing developments came into force on the 12th of February. Housing schemes with more than ten homes must offer a biodiversity uplift of ten per cent by creating wildlife habitats on existing land or by leasing off-site land to enhance or through buying credits. **SME housebuilders are already experiencing delays** Developers are expected to employ an ecologist to draft their net gain proposals and must get approval from the local authority for their biodiversity plan before they can start building. SME housebuilders claim this adds tens of thousands of pounds to the cost per unit as well as delaying planning consent by several years. Southwest housebuilders Pearce Homes’ managing director Paul Knox told industry magazine *Housebuild*: “The policy is already causing profound difficulty and delay in housing supply on top of planning performance issues. A more flexible and workable policy is needed to get SMEs building.” Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance lenders were concerned the extra bureaucracy of biodiversity net gain would make it increasingly difficult for SMEs to survive. The NFB added that many members were re-submitting applications to meet legal requirements with confusion over BNG priorities and uncompetitive credit costs. SME builders claim they have seen the cost of poor-quality land ramped up with BNG land lease and sales agreements outstripping productive agricultural values. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [Housing survey reveals planning permissions at an all-time low](https://www.hankzarihs.com/housing-survey-reveals-planning-permissions-at-an-all-time-low/) **Published:** March 14, 2024 **Author:** Shiraz Khan **Content:** The number of sites that gained planning permission in 2023 dropped to the lowest level for a 12-month period since *[The Housing Pipeline Report](https://www.hbf.co.uk/documents/13379/HPL_REPORT_2023_Q4.pdf)* began in 2006. The 10,527 sites were granted permission in 2023 – a 16 per cent decrease on 2022 and a 23 per cent fall on 2021. The volume is about half the average annual permissions granted between 2015 and 2019, according to the report by market intelligence consultancy Glenigan for the Home Builders Federation, HBF. HBF, chairman Stewart Baseley said: “Amidst a deepening housing crisis and with house building levels already falling sharply, this report should send alarm bells ringing across government and the country. “As we have been warning for some time, the sharp decline in housing supply is the inevitable result of several years of anti-growth policy and rhetoric. The politically driven weakening of the planning system will impact housing supply for years to come and needs to be urgently reversed.” The number of units gaining planning permission in England during 2023 dropped to the lowest for any 12-month period since 2014. At under 233,000, the number of units approved in 2023 decreased by a fifth on 2022, 27 per cent on 2021 and was down 30 per cent on pre-pandemic levels. The figures follow hard on the heels of government [data](https://www.gov.uk/government/statistics/energy-performance-of-building-certificates-in-england-and-wales-october-to-december-2023/energy-performance-of-building-certificates-in-england-and-wales-october-to-december-2023) which show a 13 per cent year-on-year decrease in house completions in southern England in 2023. **Making housing targets discretionary has led to fewer local plans** The Competition and Markets Authority’s [investigation](https://assets.publishing.service.gov.uk/media/65d8badb6efa830011dcc5bc/_Summary_of_housebuilding_final_report_.pdf) into housebuilding noted that councils’ local plans were crucial for gauging the number of permission approvals needed to meet housing need. The HBF has pointed out that since housing and levelling up secretary Michael Gove’s decision to make housing targets ‘discretionary’ last Autumn, 64 councils have paused or withdrawn their plans. The number of plans adopted last year was the lowest for a decade. Planning consultancy Lichfields’ research points to the fact that this could cause a drop of 77,000 homes a year. The trade body said most councils who have done this are concentrated in southern England and accused Mr Gove of pandering to ‘nimbyism’. *The Housing Pipeline Report* shows the number of units approved in 2023 was the lowest since 2015 in the Southeast, the lowest since 2013 in London and the lowest since 2012 in the Southwest. Year-on-year, each of these regions saw falls of 13, 26 and 18 per cent respectively. The same regions have already seen annual falls of more than ten per cent in new build completions. Unit approvals for the North of England dropped 18 per cent for 2023 compared to 2021, 23 per cent for the Midlands and 28 per cent for the South of England. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance lenders were concerned the planning process had become so complicated and underfunded causing unacceptable delays for SME housebuilders. Developers were disappointed the chancellor Jeremy Hunt failed in last week’s budget to help first-time buyers with getting a deposit together to enable them to get their foot on the property ladder. They argue this is a further blow to the government’s target of building 300,000 a year by the mid-2020s. The construction industry is also blaming Natural England’s policy on maintaining nutrient neutrality of rivers across different parts of England for halting 150,000 new homes. They argue that intensive farming rather than housebuilding is the main pollution culprit. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [Labour’s Rachel Reeves on Planning Reform](https://www.hankzarihs.com/labours-shadow-chancellor-rachel-reeves-promises-to-focus-on-planning-reform/) **Published:** March 30, 2024 **Author:** Shiraz Khan **Content:** Shadow chancellor Rachel Reeves’ pledge to reform planning and bring back mandatory local authority housing delivery targets has received the thumbs up from housebuilders. Ms Reeves Mais described the planning system as “the single greatest obstacle” to the UK’s economic success. “Planning dysfunction means that land is costly and inefficiently utilised, making the cost of building infrastructure in the UK significantly higher than in most developed economies, meaning higher energy prices, poorer transport, and inadequate digital connectivity,” she told an audience of bankers and financiers at the Bayes Business School. “And it prevents housing from being built where it is most needed – contributing to ever-higher prices and falling rates of home ownership and constricting the growth of our most productive places.” Ms Reeves said that if Labour got into power, they would put planning reform at the ‘centre’ of their economic and political argument. “Planning reform has become a byword for political timidity in the face of vested interests and a graveyard of economic ambition. It is time to put an end to prevarication and political short-termism on this question.” She said Labour would reintroduce mandatory local housing targets, recruit hundreds of new planners to tackle backlogs and bring forward the next generation of new towns.” **Infrastructure policy to be modernised** She said she wanted to encourage investment through a British Infrastructure Council with representatives from large UK and global investment funds and to make the Industrial Strategy Council a statutory body. Ms Reeves promised a “once-in-a-generation overhaul” of the infrastructure regime updating national policy statements within six months of coming into office. “Modernising the regime to reflect the types of infrastructure crucial in our changing economy and cutting red tape by embedding principles of proportionality and standardisation,” said Ms Reeves. The National Federation of Builders, [NFB](https://www.builders.org.uk/), said Ms Reeves’ stance was promising and showed Labour’s commitment to removing the infrastructure and planning barriers to building new homes. NFB policy and market insight head Rico Wojtulewicz said: “These are all clear indications that the Labour party realises where the current the current government is going wrong. “Although speeches aren’t policies, getting governments to recognise and take barriers seriously is often half the battle and any government which welcomes those uncomfortable conversations will end up a friend of business and growth. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance lenders would back any reforms which cut red tape and made it easier for SME developers to build new homes. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [Liverpool to speed up regeneration with its own development corporation](https://www.hankzarihs.com/liverpool-to-speed-up-regeneration-with-its-own-development-corporation/) **Published:** March 30, 2024 **Author:** Shiraz Khan **Content:** Liverpool has unveiled ambitious plans to repurpose old sites and develop new housing to serve those working in its emerging industries such as life sciences and IT. It is the first city to set up a locally-led development corporation under powers established by the levelling up and regeneration act. Liverpool city region mayor Steve Rotheram said: “Private sector investors and developers are beginning to look at the city in a new light and specific sites that have stood vacant and subject to protracted financial and legal issues are now coming forward for development.” A regeneration partnership to work with landowners, developers, and occupiers to develop and market a pipeline of prioritised residential and commercial development sites has been created. The partnership was a key recommendation of the city’s strategic futures advisory panel’s final [report](https://www.gov.uk/government/publications/liverpool-strategic-futures-advisory-panel-final-report/liverpool-strategic-futures-advisory-panel-final-report#annex-a--proposed-priority-regeneration-areas-within-accelerated-development-zone) published last week and endorsed by levelling up and housing secretary Michael Gove. “Unlocking the potential of cities like Liverpool is essential to driving productivity and levelling up,” said Mr Gove. Regeneration will focus on the arc linking Everton’s new Bramley Moore stadium on the waterfront to the Knowledge Quarter in the city centre. Areas earmarked for accelerated development include the central docks where planning consent has been given to create a five-acre park and infrastructure for development plots for up to 2,350 homes. Ten Streets next to the Bramley Moore Stadium is earmarked for up to one million sq ft of development on 125 acres of former dockland. **Major opportunity to build homes on a neglected spot** More than 70 acres of semi-derelict land at Pumpfields on the northern edge of the city is to receive a comprehensive planning and delivery framework to bring forward up to 10,000 homes. Brokers [Hank Zarihs Associates](http://www.hankzarihs.com) said commercial development finance lenders would be keen to lend on proposed projects now that Liverpool has a development corporation. This is because such an organisation offers dedicated planning powers and speedier routes to compulsory purchase of land. Cllr Rotheram said the city had to diversify to take advantage of its position as a renewable energy leader and build on its progress in science and advanced computing. “By restoring confidence in the city as a place to invest and do business; attracting more well-paid, productive jobs and ensuring that the city carves out its own niche in a crowded global marketplace,” he said. The city’s investment zone proposal seeks to make Liverpool an international leader in innovation creating 8000 jobs. It is estimated the initiative could leverage up to £640m of private investment and has already attracted £160m of government funding. AstraZeneca’s £450m outlay to set up a new vaccine manufacturing plant is an example of the type of investment the city hopes to attract. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [Bristol Temple Quarter multi-million-pound regeneration moves a step closer](https://www.hankzarihs.com/bristol-temple-quarter-multi-million-pound-regeneration-moves-a-step-closer/) **Published:** April 4, 2024 **Author:** Shiraz Khan **Content:** One of the largest regeneration schemes in Europe has reached a major milestone with the creation of a limited liability [partnership](https://www.bristoltemplequarter.com/bristol-temple-quarter-limited-liability-partnership-incorporated/). The new Bristol Temple Quarter limited liability partnership will be looking for a partner in the coming months to redevelop 130 hectares of brownfield land in two connected phases over the next 25 years. Bristol City Council chief executive Stephen Peacock said: “This is yet another major milestone for Temple Quarter as we aim to deliver 10,000 new homes and thousands of new jobs for the city-region, alongside the sustainable infrastructure and community spaces 21st-century cities need to thrive.” The partnership comprises the city council, Homes England, Network Rail and the West of England mayoral combined authority. “Creating a bespoke delivery company will speed up delivery of the first phase around Temple Meads station, helping us to bring forward coordinated development at speed while retaining the democratic oversight to ensure what we are creating remains firmly in the public interest,” said Mr Peacock. The partnership will be democratically accountable, with representatives from Bristol city council and the West of England mayoral combined authority. It will continue to engage Bristol’s communities on proposals, as well as develop detailed plans for social value for residents and businesses in Bristol. **Land available to develop will be brought together** They have agreed to pool their land for phase one of the development around Bristol Temple Meads station to transform the area comprehensively rather than on a plot-by-plot basis. The first phase has already won £94.7m of government funding and involves building 2,500 homes creating an estimated 2,000 or more new jobs. Construction of a new entrance to Bristol Temple Meads station is already underway, alongside works at Temple Island, Silverthorne Lane, and the University of Bristol’s Enterprise Campus on Cattle Market Road. Bristol mayor Marvin Rees, said: “The partnership has brought forward a realistic, integrated vision to create a thriving new area of the city that will be key to Bristol’s and the city region’s journey to becoming an inclusive and sustainable economy.” Master planners Prior and Partners have assembled a team of specialists including AHMM, Arup, Spacehub and Bristol-based Nudge Studio. Nudge, founded by architect Shankari Raj, will set up a task force to ensure genuine social value including employment and education opportunities happen. The Place Bureau has been appointed to ensure the area becomes a place where people want to live and work. Bristol is one of the UK’s 11 ‘core cities’ and has a strong economy with particular emphasis on aerospace, defence, media, information technology and financial services. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said commercial development finance lenders would be eager to support new building schemes in the Temple Quarter. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, homecontanttop, News --- ### [Crane movement embargos causing headache for builders](https://www.hankzarihs.com/crane-movement-embargos-causing-headache-for-builders/) **Published:** April 16, 2024 **Author:** Shiraz Khan **Content:** Getting cranes, roofs, and steel girders to arrive on site without major delays is becoming more and more difficult claims the construction industry. They say that increasingly police forces across England are imposing travel embargos typically from 6.30 until 10am and 4 until 6.30pm creating delays that are adding to construction costs. The National Federation of Builders, NFB, chief executive Richard Beresford said: “A productive nation is nothing without a well-functioning construction industry, but we are increasingly finding that the operational side of construction is far from the minds of decision makers.” The trade body said this is making it harder for crane operators and hauliers moving loads of more than 44 tonnes and 2.9m width to continue operating. Other challenges facing the sector include an increasing requirement for a police escort and blanket travel embargos on large sections of main roads involving detours adding miles to the journey. The police have told industry that the embargos relate to road safety however the Heavy Transport Association, [HTA](https://heavytransportassociation.org.uk/), said the police have been unable to provide evidence to support this. HTA abnormal loads coordinator James Edes said: “There’s no clarity on how their decisions is made. We would like consistency because at the moment there are different demands for different areas.” The Construction Plant-hire Association, [CPA](https://www.cpa.uk.net/), said the embargo travel times cut across site opening times of 8am until 4pm. CPA legal manager David Smith said: “This is at the middle of the imposed embargo times, which makes it impossible for plant companies to deliver to these sites, or to collect from them.” **Travel restrictions vary regionally** He added that certain constabularies were banning movements at night. West Midlands, Warwickshire, Devon and Yorkshire police forces were cited as regions were limits on travel movements were particularly restrictive in contrast to Greater Manchester and Liverpool. Lack of uniformity over required notification periods was also problematic with differing police force interpretations as to whether bank holidays in Scotland counted or not. “It would be useful if there was a sensible discussion. If everyone could take a step back for three months and look at the embargos, night movements and notifications,” said Mr Smith. NFB policy and market insight head Rico Wojtulewicz said: “A temporary written ministerial statement removing all embargoes on travel for abnormal loads would give the government time and space to have a consultation on how travel restrictions should work nationally. “Letting local police forces and councils make decisions on travel embargoes, particularly when they are not providing evidence of their rationale, is creating a logistical nightmare and another major barrier for UK productivity.” Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance lenders were concerned about delays of key equipment to sites such as cranes especially given the increased reliance of offsite building products. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [Housebuilders urge the Government to set tough water efficiency targets](https://www.hankzarihs.com/housebuilders-urge-the-government-to-set-tough-water-efficiency-targets/) **Published:** April 17, 2024 **Author:** Shiraz Khan **Content:** A cross-industry working group is calling for mandatory targets to cut individual water consumption at home from 110 litres a day to 105 by 2025 – a 16 per cent drop. The Future Homes Hub’s [*Water Ready*](https://www.futurehomes.org.uk/water-ready-report) report wants the government to draft a ten-year water efficiency roadmap with targets enshrined in building regulations for 2025, 2030 and 2035. Hub chair and Barratt Developments chief executive David Thomas said: “We are already seeing the pressures on water supply affect the delivery of new homes. “Industry needs to work with government and other partners to develop and deliver a national strategy for managing our water resources succssfully, to ensure we can build the water efficient homes required to meet housing need into the future.” Last December housing and levelling up secretary Michael Gove [asked](https://questions-statements.parliament.uk/written-statements/detail/2023-12-19/hcws161) planning authorities where water is scarce to impose tighter limits than the standard 110 litres per person per day. Cambridgeshire, an area where major housebuilding is planned, North Sussex and East Anglia are areas identified as suffering from water stress. The Environment Agency’s water assessment last month showed that without action to reduce consumption, there will be a shortfall of around five billion litres of water by 2050. Future Homes Hub chief executive Ed Lockhart said: “Alongside the major investment in infrastructure required from the water sector, we must all find ways to use water more efficiently so there is enough water for our homes, food, drinking water, indstry and so on.” **Innovative products offer the way forward** *Water Ready* sets out actions on how to achieve 90 litres per person per day consumption in new homes as standard by 2035 and 80 litres per day n water-stressed areas. The report proposes a ‘fittings first’ approach with air-boosted showers, grey water systems – using wastewater from laundry sinks and showers – and air-assisted flushing loos. The Hub wants the government to confirm future targets early to give the sector time to prepare and adjust including manufacturers of showers and toilets who would need time to scale up. Apart from areas where water is scarce, the Hub has said it would be important for the targets to be adhered to with local authorities unable to set different levels. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance lenders supported the move for new homes to reduce water consumption but it would be important for clarity over requirements. The Future Homes Hub is made up of housebuilders, water companies, academics, and trade bodies. The department of environment, food and rural affairs commissioned them to set up a working party, including the wider industry and suppliers, to come up with a water efficiency blueprint. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [Biodiversity net gain is making small housebuilding schemes a nightmare](https://www.hankzarihs.com/biodiversity-net-gain-is-making-small-housebuilding-schemes-a-nightmare/) **Published:** April 27, 2024 **Author:** Shiraz Khan **Content:** SME housebuilders developing sites of less than ten homes are finding biodiversity net gain rules so complicated and costly they are leaving the industry. The rubric for improving or creating new habitats went live on the 2nd of April for small sites under the Environment Act, 2021. National Federation of Builders, [NFB](https://www.builders.org.uk/), policy and market insight head Rico Wojtulewicz said: “It’s just not delivering. There’s not enough off-site credits available and price gouging is going on.” For example, if a developer cuts down trees on site, they must make up for this as well as delivering a ten per cent biodiversity gain. They must do a habitat survey and use a Natural England biodiversity metric to explore options. If they cannot make up for the loss of the trees nor achieve a ten per cent biodiversity lift, then they must buy off-site credits. Often builders discover their estimated profits are eaten away by the time they buy their off-site credits. For example, if there is a pond on site that has to be removed the Department for Environment, Food and Rural affairs charges £125,000 for an off-site credit. There is also the challenge that if a developer secures an off-site credit at a particular price, but it takes two years to get planning approval then the cost of purchasing the credit will have risen. **Affordable housing contributions set to dwindle** This entails developers renegotiating their Section 106 contribution to affordable housing with the local council and spending more on legal fees. Most smaller developers typically make profits of eight to 12 per cent, however, extra biodiversity net gain requirements are eating into returns. “This means the number of affordable homes they are required to build by the local authority might drop to just a few homes. Many housing associations won’t take on managing just two homes,” said Mr Wojtulewicz. Brokers [Hank Zarihs Associates](http://www.hankzarihs.com) said this was just the type of financial uncertainty that would make it difficult for SMEs to survive and for development finance lenders to gauge borrowing levels. Non-residential sites are classified as small if the floor space is less than 1,000 sq metres or where the site area is less than one hectare. According to the [*State of Nature Report*](https://stateofnature.org.uk/wp-content/uploads/2023/09/TP25999-State-of-Nature-main-report_2023_FULL-DOC-v12.pdf) published in 2023, there has been a sharp decline in biodiversity in the UK. Since 1970 species have declined on average by 19 per cent with nearly one in six species facing imminent extinction. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [Smaller housebuilders could benefit from councils’ new land-buying powers](https://www.hankzarihs.com/smaller-housebuilders-could-benefit-from-councils-new-land-buying-powers/) **Published:** May 8, 2024 **Author:** Shiraz Khan **Content:** SME developers and housebuilders should get a greater slice of the action under local authorities’ new [powers](https://www.gov.uk/government/news/new-powers-for-councils-to-help-build-more-affordable-homes) to buy land for affordable or social housing. Councils and Homes England can now acquire land through compulsory purchase orders, CPOs, providing it’s in the public interest to enable affordable or social housing or for health or education. Levelling up minister Jacob Young said: “Our changes will act as a catalyst for investment in our towns and cities and drive much-needed regeneration across communities across the country.” [National Federation of Builders](https://www.builders.org.uk/) policy and market insight head Rico Wojtulewicz said: “We welcome it from a place making point of view. It will give local authorities the opportunity to arrange land for development and subdivide a large portion of the site and this will support SMEs.” The new powers were brought in this week under the levelling up and regeneration act 2023 and remove the need to pay ‘hope value’ costs based on the final development value of the land. The government hopes this will make it cheaper and easier for councils to buy land earmarked for affordable or social housing. “Local authorities complain about big developers buying land allocated in the local plan for development but not building on it because they can’t make it work commercially. Now they will be exposed to the same risks.” **Planning policy must support new CPO powers** Development company Folkestone Shoreline said a planning policy was needed to support local authorities’ new powers. “That’s the first move, we just need local plans to follow the same principle, so land availability is in place at cost.” [National Housing Federation](https://www.housing.org.uk/) chief executive Kate Anderson added: “To solve the housing crisis and unlock the land needed for these homes, these changes must sit alongside wider reforms to planning policy which should form part of a nationally coordinated fully funded long-term plan for housing.” The department of levelling up and regeneration highlighted several examples across the country where CPOs have successfully been applied. Leicester city council used a CPO to acquire derelict industrial land at Friars Mills to build 500 new homes and regenerate the city’s waterside area with new offices and retail space. Derelict land on the edge of Sheffield city centre was bought for a mix of new homes, offices, retail outlets, leisure facilities and a hotel. An empty supermarket and terrace of shops was bought in Wellingborough to pave the way for a housing development and land from a former owner who had stalled development was bought for new housing in Helmsley, North Yorkshire. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance lenders regarded this as a new direction the government was taking to support place making and building of new homes. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [Fix Scotland’s draughty homes before installing heat pumps, urge experts](https://www.hankzarihs.com/fix-scotlands-draughty-homes-before-installing-heat-pumps-urge-experts/) **Published:** May 17, 2024 **Author:** Shiraz Khan **Content:** Scotland’s homes need to be watertight and insulated before installing heat pumps and other renewable energies, warn key industry figures in a [report](https://www.hankzarihs.com/) outlining the country’s retrofit challenges. Two out of five occupied homes are failing on quality standards particularly when it relates to energy efficiency, reveals Building Research Establishment Trust data. And over half of homes in Scotland don’t meet good energy efficiency levels, according to a government report published in 2023. The Chartered Institute of Building’s policy and public affairs officer in Scotland Jocelyne Fleming said: “We need joined-up, holistic policymaking to meet the retrofit challenge we’re facing.” *Meeting Scotland’s Retrofit Challenge: solutions from the industry* highlights that housing in disrepair undermines the effectiveness of clean heat solutions such as heat pumps, heat networks and electric-powered boilers. Building professionals are urging the Government to take a ‘fabric first’ approach prioritising heat conservation, including repairs, and improvements to insulation, draught-proofing, and ventilation. They warn that if this doesn’t happen then the country will struggle to tackle its fuel poverty and net zero target by 2045. Scotland has already scrapped cutting climate-damaging greenhouse gas emissions by three quarters by 2030. Last month first minister Humza Yousaf resigned after abandoning key green targets. Scotland has challenges with retrofitting rural off-grid properties which require a bespoke package of works. Tenement flats are also considered ‘difficult-to-treat’ properties requiring a tailored set of measures. “Developing a long-term retrofit delivery plan that considers how we will adequately resource these projects – both financially and with a sufficient pipeline with the right people and skills – will support both government and industry to achieve these objectives,” said Ms Fleming. **A ministerial oversight group should be set up** She said the plan would need to provide long-term targets and measurement tools driven by evidence. The report has criticised the government’s reliance on energy performance certificates, EPC, as a measure of energy efficiency. It points out that EPC ratings don’t consider elements such as varying wall thickness, so buildings are often rated below their actual efficiency level. The authors have called for a ministerial oversight group to ensure the necessary finance and skilled workforce is in place to deliver the plan. The report is the culmination of 14 industry organisations working together to come up with solutions following a retrofit roundtable in May last year sponsored by Gordon MacDonald, MSP. “Tackling retrofit is an important issue as we work towards reaching environmental targets like net zero,” he said. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said development and refurbishment finance lenders would support SMEs looking to diversify into carrying out energy efficiency improvements on properties. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Uncategorized --- ### [Govt Must Commit to Retrofit](https://www.hankzarihs.com/government-must-commit-to-pipeline-of-retrofit-work-to-incentivise-upskilling/) **Published:** May 8, 2024 **Author:** Shiraz Khan **Content:** More than 250,000 new entrants across multiple disciplines are needed to make the UK’s existing 27m homes reach net zero by 2050, according to a new [report](https://www.constructionleadershipcouncil.co.uk/wp-content/uploads/2024/05/CLC-Roadmap-of-Skills-for-Net-Zero-Report_07-May-2024.pdf). *Roadmap of Skills for Net-Zero: Competencies for Domestic Retrofit* is calling for a consistent definition of competencies among manufacturers, installers, and professional assessors. Emissions from homes account for nearly half of the UK’s built environment carbon footprint. Construction Leadership Council’s people and skills industry sponsor and Travis Perkins chief executive Nick Roberts said: “This requires a consistent understanding of what is needed in industry and the appropriate mechanisms for establishing these in the workforce, including qualifications, training and certification.” Research shows that 80 per cent of the workforce of 2030 is already working, so the report stresses that upskilling of existing tradespeople is crucial. However, many SMEs or self-employed people may already have sufficient work or can’t afford the cost or time off work. The report urges funding support and that the benefits of upskilling in improving profits and the ability to execute work be highlighted. The Heat Pump Association has predicted there will be a 29,000 shortfall of installers over the next 25 years. The report warns that without the government’s commitment to a long-term pipeline of retrofit work with clear policy and funding schemes, there is no incentive for the industry to invest in upskilling. It says that for net-zero to happen there needs to be enough people to install solar panels, upgrade insulation, and glazing, and installing low carbon heating systems. Competent people across the full project cycle including advice, planning, design, specification, installation, commissioning, and post-installation review are required. The report quotes the building safety act as a key driver for creating competence in the construction industry including retrofits. It stresses that specifying minimum levels of competence to undertake retrofit work will incentivise practitioners to upskill. For example, heating engineers can employ existing skills to become heat pump installers. **Colleges should ensure retrofitting is embedded in courses** It calls for retrofitting and low carbon requirements to be embedded in all construction-related education and training and for the sector to be promoted as a rewarding career for school leavers. An update of qualification and training with new standards and certifications and existing ones to be aligned to the competencies required for effective retrofitting is needed. Laing O’Rourke group commercial director and CLC skills for a modernised industry workstream lead John O’Connor said: “With the impact of climate change looming large, the need for competent retrofit workers has never been more pressing. To accelerate progress, a concerted focus on enhancing workforce competencies is imperative.” The report recommends an in-depth assessment of current education and training and how course content matches with key competencies it has highlighted. “This would provide insight into how to stimulate action and promote a coordinated approach, especially at the regional level,” write the report authors. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said development and refurbishment finance lenders would be keen to support builders diversifying into the retrofit sector. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [Industrial Sites Deemed Critical, Says BPF](https://www.hankzarihs.com/industrial-and-warehouse-building-should-be-treated-as-critical-infrastructure-urges-bpf/) **Published:** May 23, 2024 **Author:** Shiraz Khan **Content:** The UK’s industrial and logistics sector is pressing the government to bring back strategic planning so that new warehouse space can keep abreast with economic growth. The British Property Federation, BPF, has released a [paper](https://bpf.org.uk/media/7572/bpf_logistics_manifesto.pdf), *Building the UK’s Critical Infrastructure,* that calls on future governments to treat logistics space as a crucial part of national infrastructure. [SEGRO](https://www.segro.com/) **chief executive and BPF logistics property board chair David Sleath** said: “After years of demand outstripping supply, we can unlock significant investment and drive growth across the UK by taking a more strategic approach to planning and ensuring rapid changes in the economy are feeding through into how we allocate land.” The publication wants to see planning decisions on logistics made at a national or regional level rather than by local authorities alone. It has stressed local plans be based on real-time market data to accurately forecast future demand and determine how land is allocated. The fact that local plans take an average of seven years to adopt is “too slow to keep pace with changes in the economy” such as the growth of e-commerce, according to the paper. [Newlands Developments](https://newlandsuk.com/) **planning director and BPF logistics property board member Benjamin Taylor said:** “There has been a shortage of logistics space for at least a decade. The combination of rapid growth in the digital economy, limited land availability, and an outdated planning system have created a distorted market in which businesses cannot always access the space they need in the right locations. This in turn impacts jobs and the efficiency of supply chains, as well as increasing vehicular miles.” According to Savills research availability of modern, well-located warehouse space is consistently below the eight per cent ‘equilibrium’ level where supply and demand are broadly in balance. This is despite £170bn being invested in logistics infrastructure since 2010. The BPF is calling for a new cross-departmental freight planning forum to ensure warehousing needs are aligned with the delivery and upgrade of transport infrastructure. “We need a change in mindset whereby logistics is prioritised in Whitehall and treated as critical infrastructure if we want the UK to be a higher-growth and lower-carbon economy,” added Mr Taylor. **Logistics buildings key for hitting net-zero target** The paper has highlighted that the logistics sector has a critical role to play in the transition to a greener economy and the UK meeting its net-zero 2050 target. It has estimated industrial and logistics buildings have 3.6bn sq ft of roof space for solar panels. This could potentially generate 15 gigawatts of power, five times the amount projected for the Hinkley Point nuclear power station, which would meet about a quarter of the UK’s energy requirements. Mr Sleath said: “Our analysis shows that warehouse buildings could hold the key to meeting the UK’s renewable energy requirements if the national grid is upgraded and government carefully plans how to incentivise investment into solar power infrastructure and drive innovation in energy storage.” The BPF has called for faster grid connectivity so that power generated can be more easily exported and for ‘feed-in’ tariffs to incentivise property owners to invest in solar power infrastructure. It would also like to see grant funding for innovation in battery and other local energy storage solutions for logistics parks. *Building the UK’s Critical Infrastructure* has calculated that logistics contributes £232bn per year in gross value added and 2.7m direct jobs. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said commercial development finance lenders were keen to fund the building of new industrial and warehouse space but wanted the planning process to be faster. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Uncategorized --- ### [New Government urged to support institutional investment of housing](https://www.hankzarihs.com/new-government-urged-to-support-institutional-investment-of-housing/) **Published:** July 4, 2024 **Author:** Shiraz Khan **Content:** ## **More homes for seniors needed to cope with ageing population** A major uplift in public subsidies to support private investment of more affordable homes for rent, student and seniors’ accommodation is being called for by the British Property Federation. It has estimated at least 100,000 new homes a year need to be built across the sector yet at present this is restricted to 35,000. The British Property Federation, BPF, is calling for a future government to increase public subsidies by up to 14bn which it claims would unlock £10bn of institutional capital investment. BPF policy director Ian Fletcher said: “Pension funds and other sources, of institutional capital are attracted to these sectors as they offer secure long-term income, but the next Government must do more to give them the confidence to invest. “There are a number of funding mechanisms government can introduce that will help de-risk schemes and support delivery when economic and market conditions are more challenging.” The BPF wants a future government to introduce longer-term rent settlements to support security of income and viability. Currently, these settlements last for just a few years and are linked to the consumer price index. They also want to see a level playing field for ‘for profit’ registered housing providers to enable closer collaboration between institutional investors and housing associations. Research by York University, published in 2018, has estimated that 1.2m are on council waiting lists. The BPF argues that as housing associations have reached their borrowing limits at least £10bn of institutional investment is needed to address the shortfall in affordable housing. This week it released a residential manifesto for delivering 30,000 build-to-rent, BTR, homes a year and removing the barriers to providing student accommodation and older peoples’ housing. Currently there are more than 100,000 BTR homes with 160,000 in the pipeline but the BPF has said the UK lags the US and Australia in delivering professionally managed homes at scale. The BPF is calling for the next government to exempt new developments of more than 100 homes from stamp duty which they claim would create more liquidity in the market. They would like local authorities to be required to assess the need for professionally rented homes in local plans. They also want an extension of the private rented sector housing guarantee scheme allowing BTR developers to raise debt with a government guarantee to reduce borrowing rates. ### **More homes for seniors needed to cope with ageing demographics** At present, there are only 602,633 senior housing homes but the BPF estimates that 50,000 new units a year could be delivered with £65bn of private capital investment. “An undersupply of purpose-built housing for older people creates pressure on wider housing supply by restricting down-sizing and ultimately increases the burden on the social care system,” said Mr Fletcher. The BPF is also calling for a national strategy for housing the UK’s ageing population of 12.9m people over 65 that would include health and social care needs. It has also highlighted the UK’s reputation as a world-class place to study and that currently 710,000 students are housed in purpose-built student accommodation. It wants councils to evaluate student housing needs in local plans and for universities to include it as part of their growth and funding plans. It also would like affordable student accommodation to be exempt from the community infrastructure levy in line with affordable housing. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance lenders supported making it easier to build new homes for these sectors. The National Federation of Builders said that housebuilding was a vital contributor to the UK economy and that more should be done to support supply. Office of National Statistics [data](https://www.ons.gov.uk/economy/grossdomesticproductgdp/bulletins/gdpmonthlyestimateuk/april2024) showed construction output in April dropped by 1.4 per cent with a 2.2 per cent decrease in the three months to April 2024. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Uncategorized --- ### [Future MPs Urged to Think Big](https://www.hankzarihs.com/future-mps-urged-to-think-big-to-avoid-more-botched-insulation-work/) **Published:** May 29, 2024 **Author:** Shiraz Khan **Content:** Persuading future MPs to develop a national strategy to improve the energy and water efficiency of the UK’s 25m existing homes will be crucial for consumer protection, the building industry has said. The watchdog body Ofgem estimates hundreds of thousands of homes that have had cavity wall insulation fitted under government backed green energy schemes have failed. The Chartered Institute of Building, CIOB, has launched a pre-election manifesto to educate prospective MPs in the run-up to the general election on how to improve Britain’s homes. CIOB chief executive Caroline Gumble said: “Candidates come from a range of backgrounds and don’t always understand the complexities and importance of the built environment sector, which is a major economic driver so it’s down to us all as the experts to educate them. “It’s important they know what support is needed to enable the industry to play its part in creating a safe and sustainable built environment for everyone.” The manifesto coincides with stories in the [media](https://www.bbc.co.uk/news/articles/cxwwr7vyrj0o) this week about poor cavity-wall insulation resulting in severe mould problems. **Renovation passports would give consumers a clear insight** Trade bodies such as the Federation of Master Builders and the National Federation of Builders, NFB, have been calling on the government to offer building renovation passports to consumers. This would provide a digital logbook of renovations at the property level with historical and contemporary information. NFB policy and market insight head Rico Wojtulewicz said: “This would offer occupants and building owners a clear roadmap to retrofitting and better inform government and innovators of the challenges faced in retrofitting all UK buildings. “It would also give an opportunity for poor workmanship to be reported by industry peers and dangerous recalled products, such as fuse box components, to be tracked.” CIOB policy and public affairs manager David Barnes said that successive governments had often opted for short-term energy improvement fixes, such as the green homes grants, which hadn’t always worked. “You get businesses jumping up with lots of them going where the money is but there are inherent risks in this.” The CIOB manifesto has stressed that a national retrofit strategy is key to any future government’s success in achieving net zero and improving the quality of homes. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said that development finance lenders supported the idea of national retrofit strategy as this would give SME builders the confidence to diversify into the retrofit sector. Mr Barnes said there was a need for mandatory accreditation for installers of energy-saving improvements such as insulation, solar panels, and heat pumps. “Anyone can become a builder in the UK. We don’t have the same policing that happens in lots of European countries such as Germany, for example.” There is a national retrofit standard called PAS 2035 but it’s currently only mandatory for publicly funded energy improvement projects. The CIOB estimates 500,000 extra skilled workers are needed to bring the UK’s national housing stock up to an energy efficiency performance level of C by 2030. Their manifesto calls for a future government to set up a green skills fund dedicated to developing a pipeline of workers trained in retrofit coordination and heat pump installation. This fund could also train people in modern methods of construction and cover specialist roles such as ecologists required to advise on the biodiversity net gain of new housing developments. It would also offer training for new entrants through apprenticeships as well as upskilling the existing workforce. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Business, Buying Property, Fast Development Finance, News --- ### [Rents soar in London as lack of housing supply bites](https://www.hankzarihs.com/rents-soar-in-london-as-lack-of-housing-supply-bites/) **Published:** July 4, 2024 **Author:** Shiraz Khan **Content:** ## **House prices rise in the North** Average private rents rose by more than 10 per cent over the last year in the capital compared with a UK average rise of 8.7 per cent, according to HM Land Registry [data](https://www.gov.uk/government/statistics/uk-house-price-index-for-april-2024/uk-house-price-index-summary-april-2024). The London borough of Kensington & Chelsea was the most expensive place to rent at £3,397 per month compared with Dumfries and Galloway in Scotland at £480. The [National Federation of Builders](https://builders.org.uk/) policy and market insight head Rico Wojtulewicz said: “We have a lack of supply of housing. People still need to buy somewhere. Rent rises really nails home the cost of not having supply.” [Hargreaves Lansdown](https://www.hl.co.uk/) personal finance head Sarah Coles said that measures for renters in the election manifestos had focussed on improving rights and conditions rather than affordability. “Ironically, those measures could well end up pushing up rents, as more landlords may be persuaded to sell up, and those who stay could face higher costs, and pass them onto tenants.” She said this would increase the desire to buy a home at a time when house prices in most areas look set to rise. House prices across the UK rose by an average of 1.1 per cent over the 12 months to May 2024 to £281,373. However, the average cost of a new build property in February 2024 was £393,888 representing a year-on-year rise of more than 15 per cent. This has brought house prices close to levels before the Kwasi Kwarteng mini-budget during Liz Truss’ brief premiership in September 2022. ### House prices rise in the North “House prices have dropped in expensive areas such as London, Brighton and Hove but in more affordable areas they’ve risen. For example, house prices in the North are higher than they were a year ago,” said Mr Wojtulewicz. For example, the average price in London has decreased by three per cent from £517,373 in May 2023 to £501,880 in April 2024. However, the Northwest has experienced a rise of nearly four percent bringing the average cost of a home to £216,714 in April 2024. The number of new home registrations for the first quarter of 2024 showed a year-on-year drop of 20 per cent to 21,967 with new home completions down 13 per cent to 26,240. The National House Building Council, [NHBC](https://www.nhbc.co.uk/media-centre/statistics/2024/05/13/economic-challenges-and-wet-weather-dampen-house-building-in-first-quarter-reports-nhbc), who produced the figures, attributed this to higher mortgage rates, a skills shortage and the wettest winter on record. NHBC chief executive Steve Wood said a cumbersome planning system and a skills shortage continued to impede output. “A national skills gap means almost 225,000 extra workers will be required to meet expected UK construction demand by 2027,” he said. The main parties have said in their election manifestos they will build more with Labour pledging 1.5m new homes and the Conservatives 1.6m. Labour is focusing on building more affordable housing, prioritising first-time buyers, and reforming planning. Both have pledged a permanent mortgage guarantee scheme, to help buyers with smaller deposits secure a mortgage. The Conservatives want to cut stamp duty on homes costing up to £425,000 for first-time buyers and give a temporary two-year capital gains tax holiday for landlords who sell to tenants. They have said they would introduce a new help-to-buy equity loan scheme to assist first-time buyers with their deposits. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance lenders were keen for a speedier and more efficient planning system that would make it easier for SME housebuilders to compete in the market. LinkedIn Question: How optimistic are you that a new government once elected will commit to building new homes even when there is stiff local resident opposition? ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Uncategorized --- ### [Ruling on oil drilling case poses huge obstacle for housebuilders](https://www.hankzarihs.com/ruling-on-oil-drilling-case-poses-huge-obstacle-for-housebuilders/) **Published:** July 4, 2024 **Author:** Shiraz Khan **Content:** ## **Whole life carbon emissions will need to be assessed** A supreme court ruling last week overturning approval for drilling oil in Surrey will force housebuilders to rethink planning applications. Local resident Sarah Finch and the Weald Action Group successfully appealed against Surrey County council’s decision to grant approval to Horse Hill Developments to extract oil near Horley. They argued the local authority’s environmental impact assessment should have included the effects of burning the fuel after extraction. In a split 3-2 [decision](https://www.localgovernmentlawyer.co.uk/planning/318-planning-features/57769-fossil-fuel-projects-and-planning-permission#:~:text=In%20a%20ground%2Dbreaking%20decision,fuel%2C%20following%20refinement%20of%20the), the Supreme Court agreed the council had failed to assess the downstream greenhouse emissions involved. The planning authority should have asked for a ‘scope three’ assessment of emissions resulting from the eventual use of the refined products. National Federation of Builders policy and market insight head Rico Wojtulewicz said: “Scope 3 emission reporting will make projects unviable and be a considerable burden on most SME companies. “The legal judgement also has the potential to be abused by local authorities and implemented as a planning condition to frustrate development. We are very worried about the unintended consequences of this outcome.” ### **Whole-life carbon emissions will need to be assessed** The ruling emphasised the importance of public participation in environmental decision-making and rejected that resulting emissions were outside the *control of the site operators. It also dismissed arguments of a geographical limit on environmental effects stating that climate change was a ‘global problem’.* Partner at law firm [Aaron & Partners](https://www.aaronandpartners.com/people/david-harries/) David Harries told *Construction Index* that it was a significant extension of the ambit of environmental impact assessments. “It will apply in any substantial development and no doubt provide very fertile ground for future argument before the courts as to what is and is not a ‘downstream’ effect, how that is to be measured and so on.” He added this would affect housebuilders who would have to consider the climate impact not just of building homes but of their occupation and assess what they are. “How much carbon is dwelling in a house going to contribute, between heating, lighting, repairs, acquisition of gadgets, use of cars and other transport? Mr Harries said that without ‘swift parliamentary intervention’ the ruling would have implications for road building, airport expansions and other major infrastructure projects. Brokers [Hank Zarihs Associates](http://www.hankzarihs.com) said development finance lenders were worried it would make sites unviable for housebuilders, particularly SMEs. A spokesperson for the levelling up and housing department said the government had noted the ruling and was “carefully considering its implications”. He added that any further decisions would be a matter for “future” ministers. The case centred on town and country planning regulations of 2017 which implemented the environmental impact directive of 2014. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Uncategorized --- ### [Apprenticeship levy should offer greater flexibility](https://www.hankzarihs.com/apprenticeship-levy-should-offer-greater-flexibility/) **Published:** August 6, 2024 **Author:** Shiraz Khan **Content:** Skills such as heat pump installation, teamwork and leadership should be among the training and upskilling included in the apprenticeship levy, urges the construction industry. The Chartered Institute of Building, CIOB, has called for the levy to offer businesses greater flexibility to include qualifications such as higher diplomas or degrees. CIOB public policy and affairs head David Barnes said: “We would encourage apprenticeship levy funding to be opened to other forms of training and upskilling in construction to give businesses greater flexibility in meeting their skills requirements.” Often the money collected from the levy is left unspent and returned to the treasury unless it’s used or transferred to smaller companies within two years. Mr Barnes added that many construction businesses felt disincentivised to offer apprenticeships due to the difficulty of retaining staff with many leaving once qualified. “This is especially true for SMEs, and we need a system that works for businesses of all sizes.” National Federation of Builders, [NFB](https://www.builders.org.uk/wp-content/uploads/2023/02/leveraging-the-levy-recommendations-for-improving-the-performance-of-the-apprenticeship-levy.-nfb-2023.-v1.0.pdf), strategy and operations director James Butcher said apprentices were often poached before finishing their internship by other employers offering high salaries. The construction industry is calling for a review of the apprenticeship system following the government’s launch of [Skills England](https://www.gov.uk/government/news/skills-england-to-transform-opportunities-and-drive-growth) on the 22nd of July. Prime minister Sir Kier Starmer and education secretary Bridget Phillipson have said they want the new body to bring together the “fractured skills landscape”. **Uptake of apprenticeships is dwindling** Government data shows a fall in the number of starts in construction, planning and the built environment apprenticeships in 2022-23 to 24,530 compared with 26,080 in the previous year. The CIOB has highlighted that often the levy is unspent and that there is duplication for many building firms who also must pay the Construction Industry Training Board, CITB, levy. The building industry worries there won’t be enough qualified workers to deliver the government’s pledge of 1.5m new homes over the next five years. [Data](https://www.citb.co.uk/about-citb/construction-industry-research-reports/construction-skills-network-csn/) shows more than 251,500 new skilled workers are needed to meet projected growth over the next four years. The National House Building Council, the largest provider of new home warranties, is rolling out a national network of training [hubs](https://www.nhbc.co.uk/media-centre/statistics/2024/07/23/current-house-building-volumes-must-double-to-meet-labour%E2%80%99s-1.5m-new-homes-pledge) to help upskill the next generation. NHBC chief executive Steve Wood said: “With an ageing workforce, a lack of skilled workers could seriously slow down Labour’s plans.” The Federation of Master Builders, [FMB](https://www.fmb.org.uk/resource/creation-of-skills-england-needs-long-term-skills-plan-says-fmb.html?_gl=1*2gd53g*_up*MQ..*_ga*ODQzNzM5NjkuMTcyMTgwOTE4OA..*_ga_6SL4RV776D*MTcyMTgwOTE4Ny4xLjAuMTcyMTgwOTE4Ny4wLjAuMA..), has called on the government to focus on a “long-term skills plan” but has warned that more flexibility on redirecting up to half of the levy shouldn’t lead to a fall in construction apprenticeships. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance lenders were keen to see a more attractive system for SMEs to upskill their employees, particularly in new disciplines such as green retrofits. Skills England will be established in phases over the next 9 to 12 months with the [Institute for Apprenticeships and Technical Education](https://www.gov.uk/government/organisations/institute-for-apprenticeships-and-technical-education) (IfATE) transferred to the new body. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Blog --- ### [Housebuilders flock to help swifts and hedgehogs thrive](https://www.hankzarihs.com/housebuilders-flock-to-help-swifts-and-hedgehogs-thrive/) **Published:** July 4, 2024 **Author:** Shiraz Khan **Content:** ## **New initiative criticised as ‘indiscriminate’** A voluntary commitment to instal newly built homes with bird-nesting bricks or boxes as well as creating hedgehog highways will go live through the planning system from September. More than 20 developers, building over 90,000 homes a year, are offering 300,000 nesting places to support dwindling swift numbers as part of a [Homes for Nature](https://irp.cdn-website.com/bdbb2d99/files/uploaded/Homes_for_Nature_-_Info_Sheet-updated.pdf) initiative. [Action for Swifts](https://actionforswifts.blogspot.com/) chief executive Becky Ingham said: “For centuries swifts have shared our buildings and homes by nesting in the nooks and crannies’ of old-style buildings. In recent years the loss of nesting sites has had a major detrimental effect on this red-listed species.” Swift numbers have dropped by 60 per cent between 1995 and 2020 according to the British Trust for Ornithology while hedgehog populations are believed to have declined by up to 70 per cent. “It’s heartening to now see the commitment from so many major developers towards installing integral bricks, which will last the lifetime of the building and provide our swifts and other cavity -nesting birds with long-term habitat,” he added. The developers have also pledged to create access points through gardens and open spaces of new developments to help hedgehogs find food, safety and fellow mates. Sustainable urban drainage systems and pollinator-friendly landscaping are also being promoted. Large developers such as Barratt Developments, Crest Nicholson and Taylor Wimpey have signed up for the scheme as well as smaller ones like Deanfield Homes, Durkan Homes and Thakenham. [Homes for Nature](https://irp.cdn-website.com/bdbb2d99/files/uploaded/Homes_for_Nature_-_Info_Sheet-updated.pdf) is encouraging builders to create extra features such as bat roosts, insect bricks and underground chambers, and hibernaculums, to protect frogs, snakes and lizards from the cold. Sustainable urban drainage systems and pollinator-friendly landscaping are also being promoted. The 21 housebuilders have agreed to participate in annual reporting of progress and reviews for the next five years. Homes for Nature was developed by an onsite nature measures working group of housebuilders who are also part of the Future Homes task force to deliver net zero targets. Associate environmental sustainability director for Miller Homes and working group chair Jo Stott said: “The commitment highlights the vital role housebuilders can play in creating sustainable, nature-friendly spaces. Often seen as part of the problem, housebuilders can be the driving force behind solutions that make a real impact.” ### **New initiative criticised as ‘indiscriminate’** But the National Federation of Builders, [NFB](https://www.builders.org.uk/wp-content/uploads/2024/03/Building-in-Biodiversity-Final-Public-1.pdf), said the initiative undermined attempts to incorporate such features in the regulations for biodiversity net gain which would have helped SMEs. NFB policy and market insight head Rico Wojtulewicz said: “We should be targeting biodiversity not creating indiscriminate habits. It should be targeted according to the locality.” He added that “some local authorities had already written tailor-made policies to support biodiversity according to the wildlife profile of the area”. Mr Wojtulewicz said if such an approach was done nationally then it would ensure “we mapped, tracked and supported regional and national biodiversity”. Earlier this year new regulations came into force requiring new housing developments to deliver a ten per cent rise in biodiversity. The new rules have proved costly for builders of smaller developments who have often had to buy off-site credits, and additional land elsewhere, to achieve the ten per cent enhancement of wildlife. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said that development finance lenders wanted to see solutions such as bird bricks included in the biodiversity metric as this would make the development of small sites more viable. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Blog --- ### [Repairs and maintenance SMEs need to skill up on decarbonisation, shows survey](https://www.hankzarihs.com/repairs-and-maintenance-smes-need-to-skill-up-on-decarbonisation-shows-survey/) **Published:** August 6, 2024 **Author:** Shiraz Khan **Content:** **Repairs and maintenance SMEs need to skill up on decarbonisation, shows survey** Smaller building firms are less confident than larger ones in delivering the decarbonisation of the UK’s 30m existing homes and need support, argues the Federation of Master Builders, FMB. More than 90 per cent of firms employing 8-13 people were ‘very’ or ‘fairly’ confident compared to over 60 per cent of sole traders according to a survey of 200 SME builders. Less than a third of the respondents said their clients ‘always’ or ‘often’ asked about energy efficiency or low carbon technologies with 40 per cent saying they were ‘rarely’ or ‘never’ asked. FMB chief executive Brian Berry said: “Presently, there is limited demand from consumers to carry out the work on their homes.” Firms identified several barriers to energy efficiency and low or zero-carbon technologies, with the most frequently cited being high costs and low consumer demand. Cost barriers included the additional time and labour required to increase competence, not only technology costs. Respondents expressed a preference for ‘learning on the job’ despite the financial and reputational risk of this approach. The FMB wants to see a funded structure of support for SMEs including mentoring to avoid problems of poor workmanship. “A robust regulatory system needs to be put in place to guarantee the competence of builders, setting minimum standards to ensure high-quality work that people can trust. This is an issue which has been ignored by successive governments for far too long,” said Mr Berry. **New build offers clearer decarbonisation path** Many firms reported that it was easier to incorporate low carbon concerns into new builds compared to repair maintenance and improvement because the regulatory position was clearer. Repairs and maintenance businesses said less than six per cent of clients ‘always’ asked about energy and carbon efficiencies compared with more than 12 per cent of firms specialising in new build. The research conducted by Leeds and Nottingham Trent universities on behalf of the FMB revealed the need for clear government guidance on retrofit standards and support for SMEs. Leeds University’s sustainability research institute director professor Alice Owen said: “The builders themselves seem ready and willing to take up the challenge; they need help in creating the real market demand that will lead to action.” Nottingham Trent University’s professor of buildings and energy policy Gavin Killip said the findings were a guide for government and business on how to move forward with retrofitting. **“**Clearly if we are to meet climate targets, consumer incentives to instil confidence to upgrade homes will be a necessity and this in turn will create a much-needed market for the builders delivering it. “There is huge potential for businesses growth, with the added benefits of improved standards, local job creation, warmer homes, reduced bills and ultimately lower emissions and healthier people – there just needs to be an ambitious plan to make it a reality.” Brokers Hank Zarihs Associates said development finance lenders were keen to see SMEs supported on upskilling because retrofitting looked set to be an important sector for new business. When firms work on new-build projects, client interest in energy efficiency and LZCTs is stronger than for projects in existing homes. Firms’ reported confidence\* in their own ability to answer customer queries and deliver energy-related works is higher than the amount of consumer interest reported. Smaller building firms are less confident than larger ones in their ability to answer customer questions about energy and deliver energy efficiency and LZCTs on projects Builders have confidence they will meet market demand for retrofitting, should it increase. However, this confidence highlights the need for clear, robust standards of competence to ensure quality delivery. Small construction firms have clear preferences for the kind of training that works for them, which may not be sufficient to ensure that quality criteria are met. Firms identify several barriers to energy efficiency and LZCTs, with the most frequently cited barriers being high costs and low consumer demand. Cost barriers include the additional time and labour required to increase competence, not only technology costs. Many construction firms rely on regulation or design by others to guide their work, where such regulation or design exists. Many firms believe that it is easier to incorporate low carbon concerns into new build compared to Repair Maintenance & Improvement (RMI) because the regulatory position is clearer. ## Retrofit revolution requires competent builders, warns the FMB A survey of 200 small and medium enterprises (SMEs) in construction was carried out in November 2023, providing a nationwide snapshot of these SMEs’ perspectives on the market for decarbonising homes in the UK. Construction firms and installers of home energy systems are vital to achieving these goals, but their voices are rarely heard, because this is a group who are too busy, and too disconnected from policy, to represent themselves in the fora where policy is developed. sole traders and smaller firms undertake a huge amount of the RMI work where improvements in energy efficiency and low carbon technology are urgently needed. This is a sector that needs to be supported and enabled to create high quality virtual enterprises developing from existing place-based networks. The confidence in being able to deliver a low carbon project, if a client asks for it, indicates what we know from research elsewhere2 . Builders want to learn on the job, by tackling real problems. But learning ‘on the job’ also entails real risk for them in financial and reputational terms, if there is not a structure of support, mentoring and snagging/corrective measures all as part of a funded package. The UK is in need of a retrofit revolution, but it is essential that householders feel confident in the people carrying out upgrades to their homes if the UK is to deliver the scale of rollout of needed, according to research carried out on behalf of the Federation of Master Builders (FMB), by Professor Alice Owen, University of Leeds, and Professor Gavin Killip, Nottingham Trent University. **Brian Berry, Chief Executive of the FMB, commented**: “What this research clearly shows is that SME builders across the country stand ready to deliver the retrofit revolution the UK desperately needs. However, presently there is limited demand from consumers to actually carry out the work on their homes. The key to boosting this will be putting a robust regulatory system in place to guarantee the competence of builders, setting minimum standards to ensure high-quality work that people can trust. This is an issue which has been ignored by successive governments for far too long. The first King’s Speech following the election is taking place this week, and there is an opportunity to generate real momentum in the retrofit sector, which must not be wasted.” **Prof. Alice Owen, Director of the Sustainability Research Institute, Leeds University said**: “This research brings to light the opinions of small, local building firms who are often forgotten in the discussions of how we reduce home energy bills. It will be this group that end up doing the work of upgrading – retrofitting – millions of the nation’s homes, so their opinions matter. It appears there is work to do to ensure that the nation’s local builders are able to retrofit homes, not least in getting clear guidance from Government on a robust set of standards to support the rollout. However, the builders themselves seem ready and willing to take up the challenge; they need help in creating the real market demand that will lead to action.” **Prof. Gavin Killip, Professor of Buildings & Energy Policy at Nottingham Trent University said: “**The findings of this research are a valuable guide for how government and business must move forward with plans for retrofitting the UK’s homes. Clearly if we are to meet climate targets, consumer incentives to instill confidence to upgrade homes will be a necessity and this in turn will create a much-needed market for the builders delivering it. There is huge potential for businesses growth, with the added benefits of improved standards, local job creation, warmer homes, reduced bills and ultimately lower emissions and healthier people – there just needs to be an ambitious plan to make it a reality.” ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Blog, Business --- ### [Smaller housebuilders key to delivering new homes in existing towns](https://www.hankzarihs.com/smaller-housebuilders-key-to-delivering-new-homes-in-existing-towns/) **Published:** August 6, 2024 **Author:** Shiraz Khan **Content:** SMEs are hoping to get a slice of the housebuilding action when it comes to expanding existing places and regeneration under [new town proposals](https://www.gov.uk/government/news/expert-taskforce-to-spearhead-a-new-generation-of-new-towns) announced by the government this week. The government is to [reform planning](https://www.gov.uk/government/news/housing-targets-increased-to-get-britain-building-again) to enable 370,000 homes to be built a year and sees the creation of communities of at least 10,000 homes as instrumental to achieving this. Deputy prime minister Angela Rayner said: “Our new towns will deliver housing fit for the future, shaping new communities with real character that people can be proud to call home. “We are getting Britain building again and our long-term vision for a new generation of new towns will enrich the lives of working people in the years to come.” The government hopes the towns will help meet housing needs with 40 per cent of the new houses affordable with a focus on genuinely inexpensive social rented homes. A large proportion of the proposed new towns will be urban extensions and regenerations of existing places. The National Federation of Builders, [NFB](https://builders.org.uk/), chief executive Richard Beresford described new towns as a strategic mechanism for stimulating regional growth and affordable homes in expensive places. “There are also considerable opportunities to ensure local employers, investing in regional contractors and SME builders are part of the process, particularly as policies, such as the subdivision of large sites, already exist to achieve that in practice.” The Federation of Master Builders, FMB, policy head Jeremy Gray said: “By utilising small local developers, new towns can incorporate a wide diversity of housing stock, using locally trained labour.” ## **SMEs well placed to build new homes in rural spots** He added that SME builders, who predominantly operate in rural communities, were in a good position to help towns and villages hit the government’s new housing targets. “This will be vital to ensuring rural communities have access to affordable homes, something they are currently suffering from a chronic lack of.” Regeneration expert Sir Michael Lyons is to chair the task force with housing economist Dame Kate Barker as his deputy. The team will work with mayors, local leaders and communities to produce a shortlist within a year of where the new towns should be. Sir Michael said: “A new generation of new towns and large-scale urban extensions could play a significant role in the government’s plans for economic growth as well as offering new homes on an ambitious scale. “Our mission begins today, and we will work closely with local leaders and their communities as well as the wider development and investment sectors to make sure these new towns are built in the right places.” A new towns code will outline what developers must do to make the new settlements well-connected, well-designed, and sustainable with the necessary public services. Chancellor of the exchequer Rachel Reeves said: “Alongside our landmark reforms to the planning system, this programme of new towns will kickstart economic growth and give businesses the confidence to invest.” Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said development and refurbishment finance lenders were ready to offer loans to SMEs involved with delivering new towns and extending existing places. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Blog --- ### [Government can’t deliver 1.5m new homes without SMEs’ help](https://www.hankzarihs.com/government-cant-deliver-without-smes-help/) **Published:** September 13, 2024 **Author:** Shiraz Khan **Content:** Smaller builders will be crucial to hitting the Government’s ambitious target of 300,000 new homes a year, claims the construction industry. The comments follow Homes England’s [announcement](https://www.gov.uk/government/news/barratt-developments-homes-england-and-lloyds-banking-group-launch-joint-venture-made-partnership) this week of a £150m joint venture with Barratt and Lloyds bank to develop large-scale brownfield sites and create ‘garden villages’. The National Federation of Builders, [NFB](https://builders.org.uk/), said it understood that such partnerships were logical for accessing finance and large-scale residential schemes but sounded a note of caution. NFB policy and market insight head Rico Wojtulewicz said: “We are particularly concerned that the government is wedded to the larger developers. “It’s increasingly worrying that they only see them as the solution. You are going to have to have SMEs in part of the delivery of 1.5m new homes.” He said smaller firms delivered training and retain staff, unlike large developers who typically employ people on a contract basis to do a particular job. “SMEs will use a consistent supply chain in the local area and directly employ people.” Mr Wojtulewicz said that according to government data we had as many carpentry and joiner students in the year 1987 to 1988 as we have construction apprentices today. ## **New partnership dedicated to creating attractive and sustainable homes** Barratt Developments, Homes England, and Lloyds launched Made Partnership this week to act as a master developer for residential-led schemes of between 1,000 to 10,000 homes. Barratt said [Made](https://madepartnership.co.uk/about/) would oversee the installation of the primary and community infrastructure and would then sell serviced land to housebuilders. Head of PR Derek Harris explained: “This will include all types of developers, from majors to SME homebuilders. “This is one of the strengths of a master developer, in that it helps prepare land for builders that may not ordinarily look at such big sites – meaning SMEs can then get involved. “It also de-risks development for them as they have access to de-risked land from a planning and infrastructure perspective.” Barratt’s chief executive David Thomas said the company, whose pre-tax profits for the end of June 2024 nearly halved, was committed to delivering the homes the UK needs over the next ten to 20 years. Housing and Planning Minister Matthew Pennycook said: “This landmark new partnership will support our commitment to ramp up housing supply and boost economic growth by developing more large-scale, attractive, and sustainable places across the country with the homes, jobs, and infrastructure that communities need to thrive.” “Through the partnership, we are creating a master developer which can manage the infrastructure and placemaking that is needed to deliver at scale, whilst consistently achieving high quality and sustainability standards.” Homes England chief executive Peter Denton said the partnership would have the expertise for a cohesive approach to develop brownfield sites, extend an existing town or create a new village. Brokers [Hank Zarihs Associates](http://www.hankzarihs.com) said development finance lenders were positive about a collaborative role in delivering large-scale housing projects. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Blog --- ### [SMEs to play a part in the £1bn regeneration of London’s largest housing estate](https://www.hankzarihs.com/carpenter-estate-regeneration/) **Published:** September 16, 2024 **Author:** Shiraz Khan **Content:** SME companies are set to be involved in a multi-million-pound regeneration of London’s largest housing estate. Newham council wants the regeneration of the 1960s Carpenters Estate near Stratford station to support local businesses as well as provide high quality reasonably priced homes. Mayor Cllr Rokhsana Fiaz said: “We have got a housing crisis, and we’ve got to house people in genuinely affordable homes.” The estate is across 28 acres and includes three high-rise blocks of 434 homes and 276 homes in low-rise blocks and terraced homes. Hawkins Browns were announced this week as the lead architects to design 500 new homes and refurbish the Lund Tower as well as design new commercial space and public open spaces. Thorough designs are underway to submit a detailed planning application for phase two by Autumn 2025. The masterplan for the estate’s redevelopment includes refurbishment of 314 homes and over 1800 new homes half of which will be affordable. More than half of the estate’s 710 homes, including the Denison Point residential tower, will be knocked down. Over 10,000 square metres of commercial space including a new crafts college, cafes, restaurants, shops and workspace. ## **Fifteen-minute neighbourhood at the heart of the design** The newly designed estate will have houses and maisonettes at its centre with taller buildings towards the edge. It will offer better-connected streets with a clear route to Stratford station supporting a 15-minute neighbourhood. Residents overwhelmingly backed the masterplan produced by the Newham council’s housing company Populo with their input in a ballot held in 2021. The capital’s average new home delivery rate is nearly 40,000 a year. In March the previous government estimated that this would need to increase to 62,300 new homes to tackle housing needs. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said commercial development finance lenders were keen to see greater involvement of local SME builders in regeneration schemes such as the Carpenter Estate. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Blog --- ### [Licensing builders would be an important step in fire safety post-Grenfell](https://www.hankzarihs.com/licensing-builders-important-fire-safety/) **Published:** September 4, 2024 **Author:** Shiraz Khan **Content:** Raising competence levels among domestic builders should be among future changes to the industry to ensure all buildings are safe, urges the Federation of Master Builders, [FMB](https://www.fmb.org.uk/resource/competence-must-be-embedded-from-the-ground-up-says-fmb.html?_gl=1*1ax5yy9*_up*MQ..*_ga*MTkxNTg4MTA3MS4xNzI1NDY2MjU0*_ga_6SL4RV776D*MTcyNTQ2NjI1Mi4xLjAuMTcyNTQ2NjI1Mi4wLjAuMA..). The trade body said although the work done by local builders was far removed from that investigated by the Grenfell Tower inquiry, standards should still be raised. FMB chief executive Brian Berry said: “The new government needs to turn away from a culture of cutting regulation, which in part has led to poor building safety, and license domestic builders, underpinning the building regime with minimum standards.” He said this would introduce competency from “the ground up” and would help the industry shake off its poor reputation driven by rogue operators who can “trade free from consequence”. Mr Berry acknowledged the government had tried to regulate domestic builders through the building safety act outlining high-level requirements but without any underpinning competence. “This has left builders confused and worried about committing to work they feel they may no longer be competent to do. The new government must address this immediately, so the industry has clear guidance”. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance lenders supported the idea of a licensing system for raising standards and protecting good builders. ## **Fundamental change in the construction industry must happen** Inquiry chair Sir Martin Moore-Bick criticised the manufacturers of the rainscreen cladding and insulation in the refurbishment of Grenfell Tower for “systematic dishonesty” over their safety. The Construction Products Association chief executive Peter Caplehorn said: “We continue to work closely with manufacturers, government, the regulators and industry to develop and introduce new standards and legislation that will drive reform. “This is not job done. The Inquiry report is the most powerful reminder, if we needed one, that we must double down on safety. We are committed to continuing this important work.” Sir Martin said although some steps had been taken to respond to failures more should be done to bring about a “fundamental change” in the construction industry. Inquiry member and former chief executive of Unity Homes and Enterprise housing association Ali Akbor said: “What is needed is for those with responsibility for building safety to reflect and to treat Grenfell as a touchstone in all that they do in the future.” Key recommendations of the [final report](https://www.gov.uk/government/publications/publication-of-the-grenfell-tower-inquiry-phase-2-report) into the Grenfell fire include appointing a construction regulator to oversee all aspects of the industry and bringing fire safety under one government body. The report also called for mandatory fire safety strategies for higher-risk buildings and establishing a college of fire and rescue. Prime minister Sir Keir Starmer told MPs at question time that in memory of Grenfell, there would be a “generational shift in the safety and quality of housing for everyone”. “We will change our country. Not just a change in policy and regulation, although that must of course take place, but a profound shift in culture and behaviour. “A rebalancing of power that gives voice and respect to every citizen, whoever they are, wherever they live.” ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Blog, News --- ### [Promise to make rented homes warmer lights up SME builders’ future](https://www.hankzarihs.com/promise-to-make-rented-homes-warmer-lights-up-sme-builders-future/) **Published:** September 25, 2024 **Author:** Shiraz Khan **Content:** Energy and net zero secretary Ed Millibandhas pledged that rented homes should be warmer and free from mould by 2030. The announcement is likely to be a significant boost for SME builders. - Estimated 5.7m rented homes need to be upgraded - 71 per cent of homes built before 1950 are D grade or lower - All rented homes should have a C grade or higher by 2030 **Promise to make rented homes warmer lights up SME builders’ future** Smaller builders’ pipeline of new work is expected to heat up with the government’s pledge that rented homes should be less costly to keep warm. Energy and net zero secretary Ed Milliband said he would [consult](about:blank) on plans to ensure all rental homes reached an energy performance certificate, EPC, of at least ‘C’ by 2030. “Government intervention is now well overdue to transform living standards and deliver the safety and security of warmer, cheaper homes that are free from damp and mould,” he said. Currently, the minimum requirement for a rental property is‘E’. Estate agents [Savills](about:blank)has estimated more than half of the 5.7m privately rented homes in England and Wales will need to be upgraded. Nearly three quarters of homes built before 1950 are below ‘C’, with an estimated 1.8m requiring significant work to upgrade. National Federation of Builders policy and market insight head Rico Wojtulewicz said: “It’s a new pipeline of work, although we will need a lot more EPC assessors.” Typical work involved would include loft and floor insulation, LED lights and making windows and frames more airtight. **More small sites needed to support SMEs** SME builders are feeling cautiously optimistic following housing secretary Matthew Pennycook’s comments about the need to diversify at a Labour Party panel discussion earlier in the week. “There is no way we’ll build enough homes in this country without getting many more SMEs involved in building. We’ve got to give them the support they need to do so,” he said. He called for a greater focus on the master development of large sites so that more high-quality, attractive and sustainable places with good infrastructure and amenities could be built. The Federation of Master Builders chief executive Brian Berry said: “We need to see more small sites unlocked by ensuring that provisions in the national planning policy framework are being followed at a local level. “There must also be more dedicated resources given to local authority planning departments, specifically to support small builders navigate the planning system.” In 2021-2022 the largest 11 housebuilders delivered about 40 per cent of UK homes according to a Competition and Markets Authority’s housebuilding [study](about:blank) published in February. According to FMB figures SMEs build only ten per cent of all new homes compared with 40 per cent back in 1984. Finance brokers [Hank Zarihs Associates](about:blank) said development finance lenders were hoping the prime minister Sir Keir Starmer’s pledge to reform planning would change this. They are particularly interested in his proposal to introduce planning passports to “turbo charge” inner city housebuilding. LinkedIn Question: Should the definition of brownfield land be changed to enable more homes to be built in cities? ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Development Finance Lenders --- ### [Major infrastructure contracts of over £200m announced by Homes England](https://www.hankzarihs.com/homes-england-infrastructure-contracts-200m/) **Published:** September 25, 2024 **Author:** Shiraz Khan **Content:** The government’s housing and regeneration agency, Homes England, has published a [pipeline](https://www.gov.uk/government/publications/homes-england-commercial-pipeline) of 14 different infrastructure contracts worth £210.2m. The largest job is a £52m project to build phases 3a and 3b of Northstowe, a new town in South Cambridgeshire. The two phases include 5,000 new homes, three primary schools, and large areas of open space around them. The National Federation of Builders, NFB, police, and market insight head Rico Wojtulewicz said: “It’s promising that we now know that they are planning this project. The real challenge will be how they divide these sites to enable diversity of the housing sector.” Home England gained outline planning permission for the Northstowe project, which lies on the former RAF Oakington base, in 2020. Infrastructure tenders are expected by mid-December and early January, and the work is estimated to take 44 months. Another significant project was a tender last month for an access roundabout, spine road, secondary roads, drainage, new park, and landscaping for Burtree Garden Village in Darlington. Home England expects to award the 18-month contract next month. In January, it [announced](https://www.gov.uk/government/news/43-million-in-government-support-for-darlingtons-new-burtree-garden-village) it had invested £43m in the scheme, including 2,000 new homes and 200,000 square meters of employment space across 307 acres. Darlington Borough Council has already permitted Hellens Group to build 750 homes in the first phase of the scheme. A 20-month contract to build a £15m primary school for the Brookleigh housing development in Sussex was also announced. Construction started for the first phase of the 3,500 homes at Burgess Hill in February. Homes England also published a contract worth £5m for early planting works and an offsite mobility corridor. ## **More house buying incentives are needed to boost demand** The Home Builders Federation, HBF, said the government’s challenges to build 1.5m new homes over the next five years were huge. The trade body estimated that planning permissions would need to increase by 55 percent if the government reaches its new target of 370,000 new homes a year. HBF chief executive Neil Jefferson said that further interventions would be needed, including boosting demand by helping people to buy. “The upcoming budget provides an opportunity for the Government to take more positive steps to address the mounting housing crisis and to commit to their pledge to get Britain building again.” Finance brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance lenders would like to see more initiatives for first-time buyers besides shared ownership and the mortgage guarantee scheme. HBF’s housebuilding pipeline [report](https://www.hbf.co.uk/news/housing-pipeline-report-q2-2024-published-sept-2024/?pk_campaign=newsletter_6982) for the 12 months leading up to June 2024 revealed the number of units and sites gaining planning approval had dropped to its lowest in a decade. The housebuilding industry has welcomed the Labour government’s decision to reinstate local authority housing targets and reform planning to allow building on ‘grey sites’ in the green belt. ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Finance News, News --- ### [Rising housebuilding costs in Scotland leave too many out in the cold](https://www.hankzarihs.com/rising-housebuilding-costs-in-scotland-leave-too-many-out-in-the-cold/) **Published:** October 2, 2024 **Author:** Shiraz Khan **Content:** Housebuilders have urged the Scottish government to speed up planning and simplify regulation if they want to see 110,000 affordable homes built by 2032. - 62 weeks for major house planning applications - New build starts decreased by 18 per cent over the last nine months - 110,000 new affordable homes target by 2032 unlikely **Rising housebuilding costs in Scotland leave too many out in the cold** Housebuilders north of the border are calling on the Scottish government to cut red tape and make it easier to build new homes quickly and economically. The call followshousing minister Paul McLennan’s ministerial [statement](about:blank) yesterday on delivering the homes that Scotland needs. In it, he said the Scottish government had devoted £100m as a basis to grow with institutional investment to at least £500m to support the building of 2,800 mid-market rent homes. He also announced a[£22m investment](about:blank#:~:text=New%20bonds%20issued%20to%20support%20delivery%20of%20homes.&text=As%20part%20of%20Scotland's%20Charitable,more%20than%20150%20new%20homes.) in a charitable bond scheme to enable housing associations to deliver 150 homes. Homes for Scotland, [HoS](about:blank), policy director Fionna Kell said: “Given the scale and severity of the current situation, those in need of a new home deserve better than that.” The trade body for Scottish housebuilders claimed this was insufficient given the rising costs of building. Itquoted a story in[*The Times*](about:blank)about the £8m cost of building 15 affordable homes in the former mining town ofTwechar, East Dunbartonshire. This meant each home would cost £535,800 to build. On this basis, HoS, has calculated the money pledged by Mr McLennan would fund the delivery of just over40homes. East Dunbartonshire council’s finance chief Jamie Robertson told Scottish MPs green measures, new regulatory standards and a lack of sites were driving up costs. In January last year, the government adopted environmental design standards for all new buildings equivalent to Passivhaus. Part of the reason for the Twechar scheme’s priciness is a low carbon heating system, electric vehicle charging points and extra space for a home office. Ms Kell said the current regulatory system served to “hamper the delivery of new homes rather than promote them”. **Planning delays are a huge obstacle** She said an underfunded and under-resourced planning system meant that major housing applications took an average of 62 weeks to process. “Speak to any home builder and they will tell you that the planning and consenting processes are the biggest inhibitors to all-tenure housing delivery. “Add to this the cumulative impact of new and proposed regulation which is now estimated to be adding about £30,000 in additional costs to the construction of a new home and it’s clear to see the challenges involved in housing delivery.” Brokers [Hank Zarihs Associates](about:blank) said development finance lenders were worried that Scotland had become too expensive for SME developers to build. The Association of Local Authority Chief Housing Officers has warned the Scottish government’s target of 110,000 affordable new homes by 2032 is unlikely to happen. Government statistics for all new build starts show 19,404 last financial year compared with 16,404 in 2023-4 – a 15 per cent drop. The Scottish government has come under intense criticism for cutting £200m from the affordable housing supply programme in the 2024-25 Budget. LinkedIn Question: What changes should the Scottish Government make if it wants to achieve its target? ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Development Finance Lenders --- ### [Derelict former gas site gets £29m to pave the way for 1,600 new homes](https://www.hankzarihs.com/derelict-former-gas-site-gets-29m-to-pave-the-way-for-1600-new-homes/) **Published:** October 9, 2024 **Author:** Shiraz Khan **Content:** A proposed urban garden village of 1,600 low carbon homes on the site of former gas works in Birkenhead has received a major boost of £29m from Homes England. - £51m pledged for site remediation - Former railway to be turned into a linear park - 1,600 low carbon homes set to be built **Derelict former gas site gets £29m to pave the way for 1,600 new homes** Birkenhead’s former gasworks havemoved closer to being transformed into an urban garden village with the announcement of a £29m investment from [Homes England](about:blank). Twelve hectares ofdisusedindustrial land around Hind Street will be turned into 1,600 low-carbon homes, a new park, improved transport links, commercial space, a primary school and leisure facilities. Wirral council leader Paul Stuart said: “This will really help to accelerate our plans to change this part of Birkenhead for the benefit of local communities. “Enabling us to get started bringing along new homes, public spaces and better-connected living for our residents.” The £29m investment follows Liverpool City Region Combined Authority’s pledge of £22m towards removing barriers to developing the Hind Street site. These include moving the gas supply to a better location and removing themotorway flyovers serving the Queensway tunnel. The former Rock Ferry to Bidston Dock railway, dating back to 1862, will be turned into a linear park like New York’s High Line with walking and cycling routes connecting people to local transport links. **Building of first 633 homes to start next year** Wirral council has employed developers Ion to design the scheme and oversee remediation and infrastructure work. Subject to planning approval, the building of the first 633 homes is expected to start in 2025 with completion of the scheme by the end of 2027. The BuildingDesign Partnership, [BDP](about:blank),has been appointed as the master planner and architect of the scheme and has committed to responding to the historic industrial evolution of the area. BDParchitect director Mark Braund said: “It will be a place framed in the grid iron plan with views towards local landmarks including the Liverpool skyline, set in a natural bowl creating a sense of distinct identity, and responding to the historic industrial evolution of the area and the remnants of the infrastructure.” Homes England chief executive Peter Denton said the Liverpool city region was“an area with huge potential for growth” and was somewhere the government had already shown a commitment to. The government agency has entered a strategic place partnership, SPP, with Liverpool city region combined authority to support locally led housing growth and regeneration. Finance brokers [Hank Zarihs Associates](about:blank) said development finance lenders regarded the region as a prime location and would be keen to offer funding for viable schemes in the area. LinkedIn question: How important will it be for smaller locally based builders to play a part in future regeneration hotspots? ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Development Finance Lenders --- ### [Lack of materials could inhibit housebuilders’ next year](https://www.hankzarihs.com/lack-of-materials-could-inhibit-housebuilders-next-year/) **Published:** October 30, 2024 **Author:** Shiraz Khan **Content:** Housebuilders will need to plan over predicted increased demand for materials and talk to suppliers now to avoid pinch points next year, the Construction Leadership Council has warned. - Manufacturers have reduced capacity over the last 18 months - Skilled workforcedecline and closure of old facilities pose a threat - Demand expected to surge in the second half of 2025 **Lack of materials could inhibit housebuilders’ next year** A shortage of materials could be the biggest hurdle for housebuilders stepping up their activity in 2025, [warns](about:blank) the Construction Leadership Council, CLC. The organisation has urged builders to use the next few months to plan so they are not caught out in the second half of next year. Construction Products Association chief executive Peter Caplehorn said: “Work closely with your supply chain, and forecast and communicate your requirements early with suppliers, distributors and builders’ merchants.” The CLC’s material supply chain group’s findingshave shown over the last 18 months manufacturers have adjusted capacity to match lower levels of demand. **European demand might be a further pressure point** The report notes that as well as UK manufacturers this also includes European suppliers of products such as structural timber who are subject to demand from other countries. Builders Merchants Federation, [BMF](about:blank),chief executive John Newcomb said:“Demand worldwide has declined in the last two years leading to the closure of older facilities, the loss of skilled labour, and very low stock levels.” The CLC has warned this may be “problematic” if there is a rapid surge in demand through 2025 as housebuilders respond to the government’s ambitions to build 300,000 new homes a year. “Collaborative, ongoing communication throughout the whole supply chain is mutually beneficial and essential to a healthy, productive UK construction industry,” said Mr Caplehorn. The BMF said it was undertaking researchto establish capacity amongst UK producers and assess how quickly this could be increased to accommodate the housebuilding level of demand. Brokers [Hank Zarihs Associates](about:blank) said development finance lenders agreed that now was a good time for SME developers to start negotiating with suppliers. The Structural Timber Association, STA, said there was “untapped capacity” among its members to scale up to meet anticipated demand. STA chief executive Andrew Carpenter said: “We see no major supply-side challenges for 2025.However, if demand rises significantly, price inflation across building products, including timber, may occur, though supply to the UK is expected to remain steady.” The Brick Development Association, BDA, said it was not anticipating restrictions in supply next year to meet the demand for new homes. BDA chief executive Robert Flello said: “In 2019, before the downturn in demand, our UK manufacturers produced enough bricks to build 207,000 homes and since then the UK industry has added new capacity with both new factories and adding capacity to existing ones.” LinkedIn Question: How worried are you that certain materials will be in short supply and that prices will rise? ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Development Finance Lenders --- ### [Random embargos on crane transport set to end](https://www.hankzarihs.com/random-embargos-on-crane-transport-set-to-end/) **Published:** November 22, 2024 **Author:** Shiraz Khan **Content:** The construction industry has high hopes the deputy prime minister Angela Rayner will help them make it easier to get essential equipment such as cranes to building sites. The optimism follows a meeting between Ms Rayner and the managing director of a crane company based in her constituency. - Police forces vary in how they apply the rules - ‘Adverse weather’ conditions need to be defined - Notification of travel periods too long **Random embargos on crane transport set to end** The deputy prime minister, Angela Rayner, has pledged to revise restrictions on movements of cranes and other heavy equipment. Ms Rayner, who is also secretary of state for housing, communities and local government, said she would lead cross-departmental discussions to address the broader implications of the issue. The promise follows a meeting with Hayley Sutch, the managing director of a crane company based in Ms Rayner’s Ashton-under-Lyme constituency last week. Ms Sutch highlighted that cranes would play an important for achieving the government’s 1.5m new homes target. Paul Parry, sales director of John Sutch Cranes, said: “It was a very productive meeting and went further than we originally thought it would.” Ms Rayner heard about the plant hire industry’s frustration over different police forces’interpretation of regulations applying to the movement of abnormal loads. “There are 43 police forces in England and Wales with some more vigorous than others on enforcement. A lot of embargoes prevent overnight transport of equipment,” said Mr Parry. For example, some police forces in England have imposed travel bans on the dates of Scottish bank holidays. West Midlands and Greater Manchester forces were cited as applying the regulations in a particularly restrictive way. Mr Parrysaid that interpretation of adverse weather varies with Lincolnshire police regarding heavy rain as a sufficient reason to impose a ban. The Construction Plant-hire Association, [CPA](about:blank), said that currently there was no definitive definition as to what constituted ‘adverse weather’. **Notification periods are too long** Mr Parry added that the current requirements of two days’ notice for equipment under 80 tonnes and five days for loads over that weight were too long. “We used to be a 24/7 hour business now we need a minimum of three days before we can get a crane to someone. Our customers often call due to unforeseen circumstances such as a pump going down which might stop work on the whole site.” Travel embargos are frequently from 6.30am until 10am and 4pm until 6.30pm creating delays that are adding to construction costs. The Construction Plant-hire Association, **[CPA](about:blank)**, has said this cuts across typical building site opening times of 8am until 4pm. Lack of uniformity over required notification with differing police force interpretations on whether bank holidays in Scotland counted or not was problematic. CPA policy manager Chris Cassley said: “The overwhelming challenge is to have consistency among the police forces on the application and guidance of the regulations.” The National Police Chiefs Council is reviewing guidance on special types general order 2003 regulations on transporting abnormal loads. The new guidance is expected to be out by the end of 2024. Finance brokers **[Hank Zarihs Associates](about:blank)** said development finance lenders were keen to see a more consistent and flexible approach. The brokerage added that delays in moving cranes and abnormal loads adversely affected the supply chain and delivery time scales. **LinkedIn Question:** What difference would a more flexible and consistent interpretation of regulations concerning the movement of cranes and other heavy equipment make? ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Development Finance Lenders, Uncategorized --- ### [Councils gain power to force landlords to lease empty high street premises](https://www.hankzarihs.com/councils-gain-power-to-force-landlords-to-lease-empty-high-street-premises/) **Published:** November 22, 2024 **Author:** Shiraz Khan **Content:** Councils’ new powersto force short-term leaseauctions of empty high street properties could boost local builders’ business, claim finance lenders. - One in seven high street shops are vacant - Properties empty for more than a year to go under the hammer - Short-term leases of one to five years on offer **Councils gain power to force landlords to lease empty high street premises** Landlords sitting on empty properties for more than a year will be forced to rent them out on short leases from next month. Councils will be able toorder auctions of leases from one to five years on vacant premises if the landlord fails to respond to pressure to let the property out. Business secretary Jonathan Reynolds said:“We promised to lift the shutters on our great British high streets and we’re delivering real action across the board, to boost jobs, opportunities and get the economy growing.” The Government has pledged more than £1m to support the auctions and is hoping this will “re-energise town centres” and “drive local opportunities and growth”. The news comes during ‘Love Your High Street Week’, organised by the British Independent Retailers Association to champion local businesses and innovation. Currently, one in seven high street shops are closed according to [figures](about:blank) from retail and leisure market research firm The Local Data Company. Local growth minister Alex Norris said:“High streets are the beating heart of our communities. But for too long, too many have been neglected, with more and more empty lots and boarded up shopfronts.” **Demand for local builders expected to spike** Local authorities’ new powers go live on the 2nd of December and have been welcomed by development finance lenders offering loans to SME builders. “This could prove a rich seam of new business in repairs and maintenance which is often the bread and butter of work for the smaller builder,” said Shiraz Khan, chief executive of development finance brokerage [Hank Zarihs Associates](about:blank). The Government said the rental auctions were part of a wider commitment to support local businesses. These include freezing the small business multiplier to protect 90 per cent of properties from inflationary business rate increases and lowering business rates for retail, hospitality and leisure properties. It has also increased the employers’ national insurance liability allowance from £5,000 to £10,500 for the next tax year to help with the rise in contributions from 13.8 per cent to 15 per cent. The government will publish a new small business strategy next year, setting out further measures to support SMEs and drive growth across the country. **LinkedIn Question:** How hopeful are you that this new policy of mandatory auction of leases will reverse the fortunes of UK high streets? ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Development Finance Lenders --- ### [Family-run construction firms doomed due to tighter inheritance relief cap](https://www.hankzarihs.com/family-run-construction-firms-doomed-due-to-tighter-inheritance-relief-cap/) **Published:** November 22, 2024 **Author:** Shiraz Khan **Content:** The construction industry is calling on the Government to rethink its £1m inheritance relief tax cap if it wants to avoid seeing thousands of family-run businesses close. - Private assets above £1m will be taxed at 20 per cent - Thousands of family-run businesses will close - 1.5m new homes target is at risk without the SME builder **Family-run construction firms doomed due to tighter inheritance relief cap** Smaller family-owned housebuilders will close putting the government’s target of building 1.5m new homes in jeopardy, claims the construction industry. They are calling for the new £1m cap on inheritance tax relief on private assets and businesses to be scrapped or at least raised.Family businesses passing on assets worth more than this will be charged at 20 per cent from August 2026. The National Federation of Builders, [NFB](about:blank), policy and market insight head Rico Wojtulewicz said:“Family firms need every penny they can get and with so many considering succession planning, the budget changes to inheritance tax will see many businesses choose to close or sell up rather than be passed on. He added that the new £1m cap posed a threat to the Government’s target of building 300,000 new homes a year. “This will directly reduce the number of companies delivering social homes, for housing associations, self-build and community land trusts. “The Budget was anti-business and because proposed planning reforms are mostly tweaks, they should forget about its 1.5m new home target.” He said despite the Government agreeing with the Competition and Markets Authority that SME housebuilders needed more support there was “no evidence they understood the challenges”. The founder of one of the UK’s largest housebuilders Hill Group has already criticised the £1m cap. Chief executive Andy Hill told [*The Times*](about:blank#:~:text=Andy%20Hill%2C%20the%20chief%20executive,think%20it's%20been%20thought%20through.%E2%80%9D): “I think at some point they will change it back. I don’t think it has been thought through.” **Succession planning will be at risk** Sir James Wates, a director of Wates Group and the fourth generation to run the company, described the move as “seismic”. “People will say what is the point of carrying on?Do I want to hand over this poisoned legacy to future generations? It makes it ripe and fair game for overseas investors to come in and pick up very good businesses on the cheap because the aspiration goes,” he said in an interview with *The Times.* Sir James is a former chairman of the Construction Industry Training Board which helps young people gain skills to enter the industry where smaller firms are often instrumental in offering apprenticeships. Finance brokers **[Hank Zarihs Associates](about:blank)** said development finance lenders feared that those who inherit a business would sell up to avoid the prospect of finding millions of pounds to pay the tax man. The increase in national insurance contributions from 13.8 to 15 per cent has meant many small businesses have said they cannot afford to hire new staff. **LinkedIn Question:** How worried are you about the tighter cap on inheritance relief tax and the future of your business? ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Development Finance Lenders --- ### [SME builders should be attracted back into housebuilding, claims senior economist](https://www.hankzarihs.com/sme-builders-should-be-attracted-back-into-housebuilding-claims-senior-economist/) **Published:** November 27, 2024 **Author:** Shiraz Khan **Content:** Economic experts have said that if the Government wants to achieve its 1.5m housebuilding target it will have to tempt smaller housebuilders back into the sector. Reforms to planning and potential subsidies will be needed claim experts in Glenigan’s latest construction industry forecast. - Housing starts predicted to increase by13 per cent in 2025 and 15 per cent in 2026 - New housing affordability targets of 40 to 50 per cent will be hard to meet - Office refurbishments predicted to rise to accommodate hybrid working **SME builders should be attracted back into housebuilding, claims senior economist** Private housebuilding starts are expected to increase next year and throughout 2026 but smaller builders need to be attracted back to ensure diversity of delivery, according to analysts[Glenigan](C://Users/Barbara/Documents/Hank%20Zarihs/Nov%202024/The-Glenigan-Forecast-2025-2026_November_2024_66455_Digital.pdf). Bloomberg Intelligence senior equity research analyst Iwona Hovenko has warned that the government can’t rely solely on profit-driven developers to deliver 1.5 million new homes. “Attracting smaller builders back into the market – after many exited amid hefty regulation and capital intensity, with only the largest ones able to cope – is key to diversifying housing supply, making the planning overhaul and accessible funding key,” she said in Glenigan’s 2025 to 2026 industry forecast. A ministry for housing, communities and local government spokesperson said it was consulting over the future small site policy for a revised national planning policy framework. He said the government would support SME developers by “encouraging a diverse mix of housing types and tenures.” Ms Hovenko warned that steep affordability targets of 40 to 50 per cent would make it tough for homebuilders to deliver without the help of subsidies or drops in land value. The report predicts an increase in private housing starts of 13 per cent in 2025 and 15 per cent in 2026 due to improved market conditions. It said a strengthening in economic growth and further interest rate cuts are expected to further buoy house-buyers’ confidence during 2025 and 2026. Social housing is estimated to see a boost of 11 per cent in both 2025 and 2026 due to greater cost stability and government funding helping housing associations increase development activity. The sector saw a drop in student accommodation project starts of around 15 per cent. However, student accommodation is predicted to grow over the next two years due to a relaxing interest rate and increased demand. Government policies are set to increase activity over the next two years with £500m extra funding going towards the affordable homes programme and a reduction in right-to-buy discounts. Local councils will be able to keep full receipts from council house sales and use the money to fund new social housing. Office starts declined by 21 per cent in 2024, however, a rise in refurbishments is predicted as premises remodel to accommodate hybrid working. **Material supply shortages could hinder output** But the Construction Leadership Council, CLC, has warned of supply chain [pressures](https://www.constructionleadershipcouncil.co.uk/news/material-supply-chain-group-statement-6/) associated with a rapid increase in house building. It said that brick capacity in the UK is around 2bn – half of the amount available in the 1970s which was the last time the country built 300,000 homes a year. Structural timber could also be hard to source with Sweden already increasing log prices and the prospect of producers using price to manage supplies. [Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance lenders were hoping for a gradual upturn in housebuilding to give time for material supply chains to increase production and build stocks. **LinkedIn Question:** What can the government do to attract smaller builders back into the housebuilding sector? ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Development Finance Lenders --- ### [Family-run construction firms doomed due to tighter inheritance relief cap](https://www.hankzarihs.com/family-run-construction-firms-doomed-due-to-tighter-inheritance-relief-cap-2/) **Published:** November 28, 2024 **Author:** Shiraz Khan **Content:** The construction industry is calling on the Government to rethink its £1m inheritance relief tax cap if it wants to avoid seeing thousands of family-run businesses close. - Private assets above £1m will be taxed at 20 per cent - Thousands of family-run businesses will close - 1.5m new homes target is at risk without the SME builder **Family-run construction firms doomed due to tighter inheritance relief cap** Smaller family-owned housebuilders will close putting the government’s target of building 1.5m new homes in jeopardy, claims the construction industry. They are calling for the new £1m cap on inheritance tax relief on private assets and businesses to be scrapped or at least raised.Family businesses passing on assets worth more than this will be charged at 20 per cent from August 2026. The National Federation of Builders, [NFB](about:blank), policy and market insight head Rico Wojtulewicz said:“Family firms need every penny they can get and with so many considering succession planning, the budget changes to inheritance tax will see many businesses choose to close or sell up rather than be passed on. He added that the new £1m cap posed a threat to the Government’s target of building 300,000 new homes a year. “This will directly reduce the number of companies delivering social homes, for housing associations, self-build and community land trusts. “The Budget was anti-business and because proposed planning reforms are mostly tweaks, they should forget about its 1.5m new home target.” He said despite the Government agreeing with the Competition and Markets Authority that SME housebuilders needed more support there was “no evidence they understood the challenges”. The founder of one of the UK’s largest housebuilders Hill Group has already criticised the £1m cap. Chief executive Andy Hill told [*The Times*](about:blank#:~:text=Andy%20Hill%2C%20the%20chief%20executive,think%20it's%20been%20thought%20through.%E2%80%9D): “I think at some point they will change it back. I don’t think it has been thought through.” **Succession planning will be at risk** Sir James Wates, a director of Wates Group and the fourth generation to run the company, described the move as “seismic”. “People will say what is the point of carrying on?Do I want to hand over this poisoned legacy to future generations? It makes it ripe and fair game for overseas investors to come in and pick up very good businesses on the cheap because the aspiration goes,” he said in an interview with *The Times.* Sir James is a former chairman of the Construction Industry Training Board which helps young people gain skills to enter the industry where smaller firms are often instrumental in offering apprenticeships. Finance brokers [Hank Zarihs Associates](about:blank) said development finance lenders feared that those who inherit a business would sell up to avoid the prospect of finding millions of pounds to pay the tax man. The increase in national insurance contributions from 13.8 to 15 per cent has meant many small businesses have said they cannot afford to hire new staff. LinkedIn Question: How worried are you about the tighter cap on inheritance relief tax and the future of your business? ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Development Finance Lenders --- ### [Empty shop refurbs to create pipeline of work for SME builders](https://www.hankzarihs.com/empty-shop-refurbs-to-create-pipeline-of-work-for-sme-builders/) **Published:** December 4, 2024 **Author:** Shiraz Khan **Content:** SME builders order books could receive a welcome boost as councils exert their new powers to tackle the problem of empty high street premises. - Properties empty for more than a year to go under the hammer - Leases of one to five years on offer - One in seven high street shops are vacant **Empty shop refurbs to create pipeline of work for SME builders** SME builders are hoping for a boost in refurbishments now that councils can force landlords of empty shops to rent them out under new [legislation](about:blank) that went live on the 2nd of December. Bassetlaw, Darlington and Manfield district councils in the north and Bournemouth, Christchurch and Poole council in the southwestare to start rental auctions for landlords slow to let. Local growth minister Alex Norris said: “High streets lie at the heart of communities the length and breadth of this country. But in many areas, they are not what they used to be. “Small businesses need our support and that’s why we are creating a ‘right to rent’ so that high street lots that have been left empty for far too long can be brought back to life. We want shops and shoppers back on the high street – and that’s what these changes will help to bring.” The changes are designed to stop disengaged landlords sitting on empty lots for more than 365 days in a 24-month period. Councils can order auctions of leases from one to five years on vacant premises if the landlord fails to respond to pressure to let the property out. The government has committed over £1m in funding to support the auctions, which it hopes will create jobs and boost trade by bringing local businesses back to the heart of communities. Currently, one in seven high street shops are closed according to [figures](about:blank) from retail and leisure market research firm The Local Data Company. Federation of Master Builders policy and public affairs head Jeremy Gray said: “Local builders could benefit from this initiative as it may unlock a long-term pipeline of work. “Builders would be well placed to renovate these properties and could enhance them by adding living space above the shops ensuring the high streets remain an active part of our communities.” Broker [Hank Zarihs Associates](about:blank) said development and refurbishment finance lenders were keen to offer loans to SME builders involved in this type of work. **Fire safety remediation expected to generate new work** The government has also announced new fire safety measures to [remediate](about:blank) unsafe cladding on properties more than 11 metres highby 2029. It has warned that landlords who fail to do so will face hefty penalties. The National Federation of Builders has said it expected this would generate significant future remediation work for SME builders. But although the remediation and repair side of business looks good for SMEs, housebuilding has continued to be a particularly tough. The Homebuilders Federation, HBF, state of play [survey](about:blank)for 2024 to 2025 has revealed thattwo-thirds of SMEshave said it is harder to be a housebuilder now than five years ago. More than half of SME housebuilders report waiting over a year for planning permission, and 56 per cent have seen costs rise by more than 30 per cent in the last three years. Chief executive of Close Brother’s property finance division Phil Hooper said 87 per cent of SME homebuilders were considering winding up their business. Close Brothers and the HBF have produced a video [*From the Ground Up*](about:blank)highlighting smaller housebuilders’ contributions to supplying affordable homes, local jobs and piloting new technology. The HBF wants the government to improvelocal authority planning capacity, find solutions to nutrient neutrality restrictions, and offer financial support for first-time buyers. **LinkedIn Question:** Is planning delay the most significant reason why SMEs are exiting the housebuilding market? ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Development Finance Lenders --- ### [Major obstacles still face developers in delivering new homes on a grand scale](https://www.hankzarihs.com/major-obstacles-still-face-developers-in-delivering-new-homes-on-a-grand-scale/) **Published:** December 11, 2024 **Author:** Shiraz Khan **Content:** An overhaul of the planning system is seen as an important first step, but industry experts have said housebuilders still face major hindrances when it comes to building more new homes quickly. - Only a quarter of English councils have up-to-date plans - Planning departments are insufficiently resourced - Statutory consultees could still prove a major delay **Major obstacles still face developers in delivering new homes on a grand scale** Housebuilders still face significant hurdles in delivering 1.5m new homes despite the Government’s pledge to overhaul the [planning system](about:blank), claim industry experts. Deputy prime minister Angela Rayner has said if an application complies with local plans and national regulations it should be approved without gaining planning committee approval. In an interview on *BBC’s Sunday with Laura Kuenssberg* Ms Rayner said: “We’ve told councils, they’ve got to have those \[local\] plans. If developers follow the framework, the national framework that protects environments, looks at a number of different elements and also follows the local planthey shouldn’t be stuck in the system for years.” However, the Royal Institution of Chartered Surveyors, [RICS](about:blank), has saidonly a quarter of English local authorities have up-to-date plans according to Savills [figures](about:blank#:~:text=Local%20plan%20status&text=Only%2010%20English%20local%20planning,update%20it%20every%20five%20years.). RICS senior specialist Tony Mulhall said: “Local plans take time to consult on and update, and they also require significant resources, which we know planning departments are lacking in.” He pointed out that currently there were 1000 planning officer vacancies, so the government’s promise to create 300 entry-level roles could prove difficult to fill. “There must be a concerted effort on creating the skills base required to move forward with proposed planning reforms,” he added. The National Federation of Builders, [NFB](about:blank), has said while the planning reforms are a step in the right direction housebuilders still face the prospect of delays. NFB policy and market insight head Rico Wojtulewicz said: “Planning committees are not the biggest problem. This is because of slow officer responses, and an application process which is not consistent nor value for money.” **Statutory consultees could still create delays** He added that statutory consultees such as a local authority’s highways department, utilities and national public bodies like Natural England and the Environment Agency could create major delays. For example, the council’s highways department can ask for a traffic assessmentor the planning department for an environmental assessment. If an application is on a protected site with high levels of nitrogen and phosphorus the developer must prove they can create nutrient neutrality through wetlands, woodlands and fallow habitats. Natural England has already flagged up 74 local authorities with protected sites where wildlife is in danger due to increased levels of nutrients in habitats and rivers. According to the Homebuilders’ Federation, 160,000 [homes](about:blank) has been stalled since 2019 due to concerns about this. Brokers [Hank Zarihs Associates](about:blank) said development finance lenders were keen for SME buildersto gain greater planning certainty as ‘reserved matters’ applications could prove problematic. [Government planningstatistics](about:blank) show that, from January to March, only 19 per cent of major development applications were decided within the statutory 13 weeks.Just 38 per cent of minor development applications were determined within the statutory eightweeks. **LinkedIn Question:** How worried are you about the shortage of planning officers within local authorities to deal with an increased volume of applications? ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Development Finance Lenders --- ### [Over 17,000 ‘affordable homes’ stalled due to lack of buyer funds](https://www.hankzarihs.com/over-17000-affordable-homes-stalled-due-to-lack-of-buyer-funds/) **Published:** December 18, 2024 **Author:** Shiraz Khan **Content:** Housing associations and councils need to be put on a secure financial Housing associations and councils must be financially secure in order to afford the purchase of ‘affordable homes’, according to the construction industry. footing, so they have the money to buy ‘affordable homes’, urges the construction industry. - 17,432 homes with detailed planning permission affected - 139 sites nationwide are delayed - Housing associations and councils’ lack of finances to blame **Over 17,000 ‘affordable homes’ stalled due to lack of buyer funds** Nearly 140 sites across the country are being held up because developers are struggling to sell ‘affordable homes’ to housing associations and councils. The delivery of at least 17,432 affordable homes with detailed planning permission has ground to a halt reveals a [study](about:blank)of 31 Homebuilders Federation, HBF, members. HBF chief executive Neil Jefferson said: “The lack of registered providers in the market to take on the affordable housing delivered by the private sector is a major and growing problem, increasingly threatening affordable and overall housing supply.” He added: “Small sites are being prevented from starting, and larger sites are being halted due to the inability of developers to meet the affordable housing delivery requirements of the planning permission.” Esquire Developments’ head ofland and planning Andy Wilford, said the situation was affecting builders nationwide and put the government’s 1.5m new homes target at “substantial risk”. “It is a problem that is affecting ‘oven ready’ sites and those that have already managed to navigate the complicated planning process,” he told*The Guardian*. Under local authority Section 106 agreements developers agree to build a significant proportion of homes sold to registered providers at a reduced rate. They accounted for 44 per cent of the 62,000 affordable new homes built last year. **SMEs developers among the hardest hit** Brokers [Hank Zarihs Associates](about:blank) said without a contracted 106 deal, small builders could struggle to secure development finance to start the project. Larger sites can be stalled because planning permission requires the affordable element of the site to be delivered at a certain point. The HBF is calling for housing associations to be put on a firm financial footing so they can buy the affordable housing delivered by developers. “If unaddressed, this issue will lead to further delays, therefore jeopardising the housing pipeline and undermining the government’s target of delivering 1.5m new homes during this parliament,” said Mr Jefferson. The HBF said the inability to discharge affordable housing obligations coupled with the lack of affordable mortgages was suppressing private sales and was holding back housing supply. A spokesperson for the ministry of housing, communities and local government said a new clearing [service](about:blank) to accelerate the sale of uncontracted and unsold affordable homes had just been launched. The government’s housing delivery agency Homes England will provide details of affordable homes with permission to build that have been unable to find a buyer. This will be available for registered providers and councils to view. “This means greater visibility of opportunities, all in one place, for buyers and sellers to connect, build new partnerships and work together to get affordable homes sold and occupied,” said a Homes England press officer. The National Federation of Builders has asked the government for ‘affordable homes’ to be sold on the open market if after four months they have not been bought by a council or housing association. The National Housing Federation, NHF, said social landlords were under significant financial pressure post-Grenfell to ensure their properties were safe. The estimated cost of this is £6bn plus huge bills associated with fixing reported health hazards under [Awaab’s law](about:blank). A below-inflation cap on how much rent they can charge tenants has exerted a further squeeze. LinkedIn Question: Should the government offer to buy ‘affordable homes’ if a council or housing association buyer fails to materialise? ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Development Finance Lenders --- ### [Increased planning fees will curb homeowner improvements and hurt SME builders](https://www.hankzarihs.com/increased-planning-fees-will-curb-homeowner-improvements-and-hurt-sme-builders/) **Published:** January 8, 2025 **Author:** Shiraz Khan **Content:** An increase in planning fees will inhibit homeowners making green improvements and damage smaller builders’ pipeline of refurbishment work, claims the industry. - Planning application fees nearly double to £528 - Homeowners expected to delay green refurbishments - Smaller builders will be hit hard by the changes **Increased planning fees will curb homeowner improvements and hurt SME builders** Smaller builders will be hit by new rules allowing councils to nearly double their planning application fees for green homeowner refurbishments such as installing solar panels. The National Federation of Builders, [NFB](https://builders.org.uk/rayner-is-living-up-to-labour-housing-promises/), has said the changes in the [revised](https://www.gov.uk/government/consultations/proposed-reforms-to-the-national-planning-policy-framework-and-other-changes-to-the-planning-system/outcome/government-response-to-the-proposed-reforms-to-the-national-planning-policy-framework-and-other-changes-to-the-planning-system-consultation#changes-to-planning-application-fees-and-cost-recovery-for-local-authorities-related-to-nationally-significant-infrastructure-projects)national policy planning framework published on the 12th of Decemberwill make life harder for SME builders and developers. NFB policy and market insight head Rico Wojtulewicz said: “Putting up planning fees for householders looking to instal heat pumps or external wall insulation will have an impact on green retrofits and it will hurt smaller local builders who rely on refurbishments to keep their businesses afloat.” He said the fee increasefrom £258 to £528 would put homeowners off from making green improvements and restrict a useful source of income for smaller builders. He suggested this type of work should instead be included in permitted development rights. Mr Wojtulewicz said this would avoid councils reverting to a ‘not in my backyard mentality’, witnessed recently with Westminster council plan to [ban](https://www.independent.co.uk/news/uk/home-news/london-council-for-sale-sign-ban-westminster-b2675093.html) ‘for sale’ house signs. The government expects the increase in fees to raise an additional £50m in revenue for local planning authorities. Wojtulewicz criticisedLabourfor failing to support smaller builders in the new planning rules set to go live in mid-March. Mr Wojtulewicz said the reforms should have made it ‘mandatory’ rather than advisory for councils to deliver 10 per cent of their local plans as small sites. And that a mandatory up-to-date small and medium-sized sites list would help them do this. Currently, councils are often tempted to favour allocating large sites for housing as an easier way of meeting their housing target numbers. However, detailed planning requirements associated with larger sites, usually submitted by landowners rather than builders, often mean they are no longer economically viable to develop. **A small and medium-sized sites register key to quick delivery** If councils were forced to allocate housing to more small and medium sized sites, where planning requirements are usually easier or land ownership is controlled by the builders, then this would speed up new housing supply. “This would helpsmaller builders get sites allocated in local plans and ensure councils can meet their housing targets because smaller sites are faster to deliver. They would also offer a greater variety of tenure and typology. It would also boost local employment as locally employing businesses would be winning more work.” The NFB argues if local authorities were forced to maintain an updateable small and medium-sized sites register landowners with developer agreements and planning permission could submit their sites. “Councils would then have a list of virtually shovel-ready sites which not only means fewer large sites but quicker delivery,” said Mr Wojtulewicz. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said that development finance lenders supported the idea of councils providing an updateable list as this would improve information and prevent viable sites from slipping through the net. LinkedIn Question: Would an up-to-date small and medium-sized site register help local authorities hit their housing targets? ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Development Finance Lenders --- ### [House sales expected to risefollowing price dip and imminent stamp duty increases](https://www.hankzarihs.com/house-sales-expected-to-risefollowing-price-dip-and-imminent-stamp-duty-increases/) **Published:** January 19, 2025 **Author:** Shiraz Khan **Content:** Developers are expecting to see more property sales as buyers attempt tobenefit from a recent dip in house prices and beat the new lower stamp duty thresholds in April. - Average house price in England and Walesis£290,000 - November’s figures show a 0.4 per cent month-on-month decrease - Bank of England base rate cut of 0.25 per cent expected next month **House sales expected to risefollowing price dip and imminent stamp duty increases** Developers are optimistic that house sale volumes will grow in the next few months as buyers attempt to take advantage of flat house prices before stamp duty hikes in April. HM Land Registry [data](https://www.gov.uk/government/statistics/uk-house-price-index-for-november-2024/uk-house-price-index-summary-november-2024)reveals that house prices in November dropped 0.4 percent across England and Wales and one percent in London. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/)chief executive Shiraz Khan said: “If house prices continue to plateau and interest rates lower next month, this will embolden first-time buyers. “We think there will be more residential housing schemes getting off the ground shortly and of a variety of tenures such as co-living projects which are proving popular with young people.” HMRC’s [UK property transactions statistics](https://www.gov.uk/government/statistics/monthly-property-transactions-completed-in-the-uk-with-value-40000-or-above) showed a 13 per cent year-on-year increasefor November 2024. The Royal Institution of Chartered Surveyors’residential [survey](https://www.rics.org/content/dam/ricsglobal/documents/market-surveys/November_2024_RICS_UK_Residential_Market_Survey.pdf) for November showed new buyer demand and new instructions increasing with respondents predicting improved sales activity. **Cuts in lending rates expected to boost sales** Experts are forecasting a quarter per cent cut in the Bank of England base rate next month following lower than expected inflation of 2.5 per cent in the year to December 2024. Khan added that forthcoming changes in planning allowing housebuilding onpreviously developed green belt land, known as ‘grey belt’, would help boost housing delivery. The government’s decision to reinstate mandatory local authority housing targets and requireall councils to have a local plan has received support from development finance lenders and housebuilders. Last [month](https://assets.publishing.service.gov.uk/media/6776bed7ea58060e4688ed02/Letter_from_the_Deputy_Prime_Minister_to_Local_Authority_Leaders__Mayors_and_Chief_Executives_-_Building_the_homes_we_need.pdf) the deputy prime minister Angela Rayner wrote to council leaders telling them the national annual target for building new homes would be raised from 300,000 to 370,000. She said a new method for calculating housing needs wouldrely on a baseline set at a percentage of existing housing stock levels rather than decade-old population projects. Economist at the Intermediary Mortgage Lenders Association Rob Thomas has estimated the house price to earnings ratio will drop from 2022’s 8.8 high to 7.7 this year and in 2026. Although this still means the average house price is nearly eight times the average UK salary. Currently first-time buyers pay no stamp duty when buying a home worth £425,000. This threshold will drop to £300,000 on the 1st of April 2025. LinkedIn Question: How optimistic are you that increasing house sales will embolden developers to start more housebuildingprojects? ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Development Finance Lenders, News --- ### [Environmental restoration fund to replace restrictive nutrient neutrality rules](https://www.hankzarihs.com/environmental-restoration-fund-to-replace-restrictive-nutrient-neutrality-rules/) **Published:** January 22, 2025 **Author:** Shiraz Khan **Content:** The Government is pinning its hopes on a new environmental restoration fund to replace restrictive environmental rules stalling housebuilding and major infrastructure projects. - 74 local authorities have protected sitesacross 27 water catchments - Up to 150,000 new build homes have been halted - Environmental restoration fund hoped to speed things up **Environmental restoration fund to replace restrictive nutrient neutrality rules** Nutrient neutrality rules blocking tens of thousands of new home builds will be replaced with a restoration fund, environment secretary Steve Reed has [stressed](https://www.gov.uk/government/news/planning-proposals-get-britain-building-and-turn-the-tide-on-natures-decline). Developers will no longer have to mitigate environmental impacts before gaining permission to build. National Federation of Builders, [NFB](https://builders.org.uk/news), policy and market insight head Rico Wojtulewicz said: “The Government must ensure all developments can access this scheme because environmental costs disproportionately hit smaller companies.” Currently,74 local authorities in England cannot allow new residential developments unless builders prove their projects are ‘nutrient neutral’. The Homebuilders’ Federation, [NBF](https://www.hbf.co.uk/policy/planning-policy/nutrient-neutrality/), has estimated up to 150,000 homes have been blocked in the last six years due to Natural England’s interpretation of the EU habitats directive in late 2018. The trade body calculated developers were paying up to £25,000 on nutrient mitigation for every home built on such sites. **Swathes of the country are protected habitat sites** Areas that have been most affected include Herefordshire, Somerset, Norfolk, Teesside, Kent, Wiltshire and the Solent. Building of up to 400 new homes in Herefordshire was stalled due to falling within the protected river Lugg catchment area. Plans to build a new railway station in Ilkeston, Derbyshire, took five years to complete after the discovery there were great-crested newts on the site. Environment Secretary Steve Reed said: “The status quo is blocking the building of homes and failing to protect the environment. “Our reforms will allow tens of thousands of homes to be built while protecting the natural environment we all depend on.” The government hopes changes to the planning and regeneration billlater this year will advance up to 150 major road, rail and energy projects by 2030 and help it hit the 1.5m new homes target. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance lenders would support changes that speeded up planning and lower costs particularly for the SME builder. However, the previous government’sattempt to scrap nutrient neutrality rules failed when the House of Lords voted against changes in the levelling up and regeneration bill in September 2023. HBF published a [report](https://www.hbf.co.uk/documents/13061/Brookbanks_-_Research_Report_Nov_2023.pdf) on the findings of environmental consultants Brookbanks that showed intensive farming was responsible for about 70 per cent of nitrogen pollution in rivers. The report found that occupancy of new homes accounted for 0.29 per cent of emissions and 0.73 per cent of total phosphorus. LinkedIn Question: How confident are you that Labour will be able to change environmental mitigation rules to enable more housebuilding? ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Development Finance Lenders, News --- ### [More planning officers needed to hit 1.5m new homes target](https://www.hankzarihs.com/more-planning-officers-needed-to-hit-1-5m-new-homes-target/) **Published:** January 29, 2025 **Author:** Shiraz Khan **Content:** A lack of planning officers could be one of the biggest obstacles for hitting the Government’s target of 1.5m new homes by 2029, warns the Homebuilders Federation. - 2,200 planners needed to speed up applications - 80 per cent of councils are operating below capacity - Most major planning applications exceed 13-week timescale **More planning officers needed to hit 1.5m new homes target** Building 370,000 new homes a year is unattainable unless the Government funds training and recruitment of more planning officers, the Homebuilders Federation, HBF, has warned. Chancellor Rachel Reeves said she was “genuinely shocked at how slow our planning system is” and pledged to remove regulatory blocks to speed it up in her growth speech in Oxford this week. However, the HBF said this won’t happen unless 2,200 more planners are recruited across England and Wales. HBF chief executive Neil Jefferson said: “The severe shortage of planning officers is directly undermining the Government’s ability to meet its housing targets, causing significant delays to housing projects when the country is in desperate need of more homes.” The trade body’s [*Planning on Empty*](https://www.hbf.co.uk/documents/14186/Planning_on_empty_report.pdf)surveyrevealed 80 per cent of local authorities are operating below capacity and would be unable to keep up with an increased volume of planning applications. “The staffing crisis has resulted in a significant backlog of planning applications, slowing the approval of vital housing projects,” said Mr Jefferson. The survey showed most major decisions on planning applications were made outside the statutory 13-week timescale. HBF has said staff shortages have led to delays of several years from granting outline permission to starting to build. SME builders have been particularly badly hit as without sites to build on they are unable to operate. Mr Jefferson said: “Housing delivery offers immense economic and social benefits to communities, yet these advantages are being held back due to inadequate planning resources. “It is frustrating to see local authorities unable to cope with the demand, particularly when the Government is looking for ways to boost infrastructure investment.” Ms Reeves pledged £46m in October’sbudget to recruit 300 extra planning officers working out at one extra person per local authority. HBF has said this would address just 15 per cent of the current shortfall among the 134 planning authorities who responded to their survey. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance lenders believed that well-resourced local planning authorities were key to handling future increased applications. The National Housebuilding Council, NHBC, said the key to delivering new homes at scale lay in addressing the skills shortage not just in planning but construction. It said it was investing £100m in the launch of 12 new multi-skill training hubs across the UK. NHBC chief executive Steve Wood said: “These hubs will produce tradespeople who will support the sector’s productivity by delivering quality new homes when and where needed.” **Reeves pledges to make planning consultations easier** In her speech this week Ms Reevesstressed her commitment to “streamlining the process for determining planning applications”. HS2’s £100m bat tunnel was quoted as an example of making major infrastructure delivery difficult. Ms Reeves pledged to make consultation “less burdensome” by reforming environmental regulation so that building was the key focus not “bats and newts”. The Environment Agencyhas already lifted its objection to 4,500 new homes around Cambridge due to water scarcity. The National Federation of Builders, [NFB](https://builders.org.uk/news), said it was glad Ms Reeves understood that the current planning system was a major barrier to business confidence and gross domestic product growth. She reiterated her pledge to deliver 150 major infrastructure projects by the end of parliament in addition to the 1.5m new homes milestone. NFB chief executive Richard Beresford said: “When decisions are delayed, or worse, intentionally stalled, it halts investment in essential infrastructure, such as clean water, transport networks that connect towns, cities, regions, and nations, the homes that create fairer societies, and the premises that investors and innovators need.” The Chancellor’s key ambitions include a third runway at Heathrow, new plans to deliver the Oxford-Cambridge growth corridor and £7.9bn to improve water infrastructure, including nine reservoirs. Review of the green book used to evaluate large investment projects, redevelopment of Old Trafford and the Wrexham and Flintshire investment zone were also mentioned. Both trade bodies have stressed that insufficient affordable housing has affected the workforce capacity of towns, cities and regions. The HBF has highlighted that councils registered social landlords lack the resources to buy affordable homes built by private developers. It has [calculated](https://www.hbf.co.uk/policy/unspent-developer-contributions/?pk_campaign=newsletter_7236) that nearly 140 sites across the country are held up because developers are struggling to sell ‘affordable homes’ to registered social housing providers. Councils are estimated to be sitting on more than £8bn infrastructure developer payments including £6bn from Section 106 agreements and nearly £2bn from community infrastructure levies. LinkedIn Question: How important is an expansion of the planning delivery skills fund to recruit more planning officers and enhance local authority resources to deliver faster planning decisions? ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Development Finance Lenders, News --- ### [Government urged to review green belt with SME developers in mind](https://www.hankzarihs.com/government-urged-to-review-green-belt-with-sme-developers-in-mind/) **Published:** February 5, 2025 **Author:** Shiraz Khan **Content:** An influential committee has written to the government urging them to consider how they can help SMEs when drawing up guidance and criteria for green belt reviews. - Identity of grey belt sites lost in wider green belt reviews - Grey belt sites lose allure for SME developers - Green belt reviews should focus on helping SMEs **Government urged to review green belt with SME developers in mind** SME builders should be at the forefront when reviewing the green belt, the house of lords’ built environment committee has said. Committee chair Lord Moylan has [written](https://committees.parliament.uk/committee/518/built-environment-committee/news/205110/grey-belt-policy-having-only-a-marginal-impact-at-best/) to deputy prime minister Angela Rayner criticising green belt reviews for undermining the ‘grey belt’ policy which could have helped SMEs. “We recognised both that the smaller size of some grey belt sites would be less economically attractive to larger organisationsand that valuation regimes could support the entry of SMEs.” However, he said delays in consultation over new valuation regimes and wider green belt reviews had undermined grey belt policy. “This is likely to result in the loss of the particular identity of grey belt sites, and the factors that might make them more attractive to SMEs, as originally envisaged.” The committee saw the potential for grey belt policy to expand rural settlements and unlock sites on the boundaries of existing communities. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance lenders saw several advantages of grey belt policy including mitigating local opposition to a scheme. **Small site definition should be raised to 50 homes** Lord Moylan said lack of clarity on how the policy would be measured or monitored meant it couldn’t be implemented or developed in a robustly way. “Our assessment is that the grey belt policy has been implemented in a somewhat rushed and incoherent manner.” He added the policy was unlikely to have a significant impact on planning decisions nor contribute to reaching housebuilding targets of 1.5m new homes by 2030. “We urge the Government to demonstrate a particular regard for SME builders and developers, in drawing up the guidance and criteria for green belt reviews.” The National Federation of Builders, [NFB](https://builders.org.uk/lets-build-community-density/), wants to see sites where up to 50 homes are planned to be earmarked as small and included in local plans. NFB policy and market insight head Rico Wojtulewicz said: “This would automatically offer an opportunity for smaller builders and in ten yearsyou might have 1000 more SMEs operating in the sector.” Currently, sites where less than ten homes are planned are not subject to affordable housing targets although in rural areas this drops to five or below. LinkedIn Question: How would raising the cap on small sites to 50 homes boost SME developers and housebuilders? ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Development Finance Lenders, News --- ### [Housebuilders of smaller low-rise developments to be caught up in safety levy](https://www.hankzarihs.com/housebuilders-of-smaller-low-rise-developments-to-be-caught-up-in-safety-levy/) **Published:** February 12, 2025 **Author:** Shiraz Khan **Content:** **Southeast housebuilders could be particularly badly hit** SME housebuilders are concerned they will be caught up in the new building safety levy to be introduced in September for cladding remediation, yet for-profit housing developments tied to the public sector will be exempt. - For-profit housing built by housing associations will be exempt - Sites of ten plus homes will be liable - Fear that four per cent tax on annual profits of over £40m will be lowered to £10m **Housebuilders of smaller low-rise developments to be caught up in safety levy** SME housebuilders are worried their recommended changes to the building safety levy to make it fairer have been ignored by the government. They claim it will cripple them financially and believe it’s unjust as they didn’t build high-rise blocks of flats yet registered social landlords who commissioned such homes are exempt. National Federation of Builders, NFB, chief executive Richard Beresford said: “Any company, even if they have never touched a high-rise development or who will become new entrants to the housing industry, might end uppaying for the failures of others, including the Government’s.” The trade body is worried their voice is not being heard by the Government who are planning to publish the new legislation in April prior to implementation in September. NFB policy and market head Rico Wojtulewicz said: “The building industry’s recommendation is for the levy to only be brought in once all those responsible were in the scope of the levy.” The NCB has recommended sites of up to 50 homes be excluded and that a five-year supplementary levy be charged to those responsible for building homes with unsafe cladding. They fear the Government will stick to its earlier proposal that only sites of less than ten homes be exempt. “If this is the case then it will result in few affordable homes, hinder companies from growing their businesses and investing in the broader industry, and discourage new entrants from joining the housebuilding sector,” said Mr Wojtulewicz. **Southeast housebuilders could be particularly badly hit** He added that larger regionalbuilders in the Southeast were liable to be caught by an additional tax in the levy of four per cent on profits exceeding £25m a year. “There was a rumour that this may be reduced to £10m which is not a lot for builders operating in London and the Southeast. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance lenders were concerned the building levy could lead to more SME builders leaving the sector. The brokerage said this would be a major blow to the government hitting its target of 1.5m new homes built by 2030. The levy is expected to raise £3bn over the next decade for developers to pay for remediation of building safety defects, including replacing unsafe cladding. It was first announced in 2021 in response to the Grenfell Tower disaster where 72 people lost their lives in the 24-storey block in 2017 due to unsafe cladding intensifying the fire. LinkedIn Question: What changes could the government make to the building safety levy to make it fairer? ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Development Finance Lenders, News --- ### [Housebuilders expand training to boost female site manager numbers](https://www.hankzarihs.com/housebuilders-expand-training-to-boost-female-site-manager-numbers/) **Published:** February 19, 2025 **Author:** Shiraz Khan **Content:** **Programme offers on-site two-week placement** The housebuilding industry hopes its latest site manager course will go some way to redressing the gender imbalance where just four per cent of people in this role are women. - 16 per cent of the workforce are female but only four per cent are site managers - Eleven major housebuilders are supporting training programmes to increase numbers - 52 sites across England, Wales and Scotland will be offering hands on experience **Housebuilders expand training to boost female site manager numbers** The latest building site management course has expanded to offer more places, 38, for women to gain hands-on training on 52 sites across Britain this spring. The programme aims to address the gender imbalance where 16 per cent of the building workforce are female with just four per cent of women working as site managers. Homebuilders Federation, [HBF](https://www.hbf.co.uk/news/hbf-sets-new-benchmark-with-record-placements-on-offer-in-women-into-home-building-programme/), chief executive Neil Jefferson said: “Building the talent pipeline and growing the industry’s workforce is critical to increasing housing supply numbers at the levels required.” They hope it will help with the 50,000 new people a year who need to be recruited if the government is to hit its target of building 1.5m new homes by 2029. “With the current housing shortage at the top of every political agenda, we’re building more and more homes the nation needs. A career in house building can be incredibly versatile,” said Mr Jefferson. **Programme offers on-site two-week placement** The programme starts with a week of online training and insight, including a virtual site visit and sessions on essential knowledge covering health and safety and modern methods of construction. Students are paired up with a local home building site for a two-week placement to experience what a site manager does. This includes liaising with architects, surveyors and building trades to ensure a project is on track with enough staff, machinery and materials to get the job done. Participating homebuilders include Anwyl Homes, Bargate Homes, Bellway, Gleeson, Hill Group, Hopkins Homes, Keepmoat, Places for People, Taylor Wimpey, Tilia Homes and Vistry Group. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance lenders wanted the construction industry to recruit from a more diverse background to ensure the sector did not miss out on new talent. Careers service agency Pathway CTM is working with the HBF to ensure the scheme is widely available. Pathway CTM chief executive Chris McNamara said: “By leveraging our access to recent education leavers and motivated adults seeking career transitions, we have a unique opportunity to bridge the gap and inspire more women into home building.” Since *The Women into Home Building* launch two years ago over 150 women have received advice and guidance about a career in housebuilding. More than 90 women have successfully completed site management work placements and over 25 women having gained employment within the industry. The National House Building Council are sponsoring the programme offering support with travel and childcare cost. The industry is looking for candidates who are good communicators, team players, enjoy problem- solving, can drive and have passed GCSE maths and English. More details about the programme and how to apply are at [HBF.co.uk/WIHB](https://www.hbf.co.uk/home-building-skills-partnership/women-home-building/programme/?&utm_source=home-builder-hbf-release&utm_medium=media&utm_campaign=wihb). Applications close at 5pm on Sunday 23rd of March. LinkedIn Question: Why is it important for the building industry to recruit and retain more women? ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Development Finance Lenders, News --- ### [Heat pumps for half of the UK’s homes unlikely unless nation adopts air-to-air systems](https://www.hankzarihs.com/heat-pumps-for-half-of-the-uks-homes-unlikely-unless-nation-adopts-air-to-air-systems/) **Published:** February 26, 2025 **Author:** Shiraz Khan **Content:** **SMEs could be hardest hit by shortage of installers** Ambitious targets for half of the UK’s 28m housing stock to have heat pumps by 2040 will be difficult to realise without more qualified installers or government support for the easier to instal air-to-air pumps. - 70,000 people are qualified to install air-to-air heat pumps - Just 2,000 are qualified to install air-to-water systems - Government boiler replacement grants should be extended to all types of heat pumps **Heat pumps for half of the UK’s homes unlikely unless the nation adopts air-to-air systems** Lack of installers means targets for half of all UK homes to have heat pumps by 2040, will be difficult to reach warns the construction industry. The climate change committee’s [seventh carbon budget](https://www.theccc.org.uk/wp-content/uploads/2025/02/The-Seventh-Carbon-Budget.pdf)callsfor installation rates to rise from 60,000 a year in 2023 to 1.5m annually by 2035 so that half of all UK homes will have heat pumps. The House of Lords environmental audit committee described the new ambitious target as a huge opportunity. Committee chair Toby Perkins MP said: “We have heard just this week about the thriving net-zero economy in the UK, and the expansion in green jobs associated with low carbon heating installations will contribute to this.” However, the government’s £7,500 boiler replacement grants are for air-to-water heat pumps where there are just 2,000 qualified installers. National Federation of Builders, [NFB](https://builders.org.uk/), policy and market insight head Rico Wojtulewicz said: “The government has not made any effort to make air-to-air systems available and instead has pushed air-to-water pumps. “It’s a shame as air-to-air pumps are easier to install, and we have more qualified installers for this system than water-to-air pumps.” There are an estimated 50,000 F-gas certificated installers who would qualify to install air-to-air heat pumps. “By only pushing air-to-water systems we are limiting the number of people who can instal heat pumps,” said Mr Wojtulewicz. **SMEs could be hardest hit by shortage of installers** Smaller builders face the challenge of competing against larger competitors who will be able to pay more to snap up qualified installers. “Lack of installers will impact smaller builders more than anyone else. They need to be supported so that they are not adversely affected,” said Mr Wojtulewicz. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance lenders were concerned that lack of installers could cause delays for SME developers’ completing a housing project. Six out of ten households in Norway have heat pumps with air-to-air systems accounting for the lion’s share of sales. Air-to-air heat pumps transfer heat into a home using a fan system and have the advantage of reversing this to cool a home. Unlike air-to-water pumps, they cannot heat water for radiators, under-floor heating or taps. Hot water solutions such an immersion heater or thermal battery would be needed to accompany the installation of an air-to-air heat pump. Air-to-air heat systems are cheaper and typically cost £1,600 to £3,000 compared to air-to-water where prices range from£5,000 to £9,000. They also cost less than £1,000 to install compared with £6,000 to £11,000 for an air-to-water pump system. ***LinkedIn Question: What should the Government do to increase the number of qualified heat pump installers?*** ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Development Finance Lenders, News --- ### [Housebuilders back ban on leaseholds for newly built flats](https://www.hankzarihs.com/housebuilders-back-ban-on-leaseholds-for-newly-built-flats/) **Published:** March 5, 2025 **Author:** Shiraz Khan **Content:** **Commonhold set for mixed-use developments** Housebuilders back plansfor commonhold ownership for new build flats claiming this will boost urban density by giving consumers confidence to buy such properties. - Commonhold would ban leases giving residents outright ownership - Mixed-use developments with offices or shops could be included - Commonhold is widespread for apartments in Scotland, Europe and the US **Housebuilders back ban on leaseholds for newly built flats** Housebuilderssupportplansto ban leaseholdson new flats and mixed-use developmentsas they say it will help the government meet its 1.5m new homes target by 2029. They claim dispensing with leaseholds will give people more confidence about buying new flats which tend to be in cities boosting urban density. National Federation of Builders, [NFB](https://builders.org.uk/commonhold-finally-replacing-leasehold/), policy and market insight head Rico Wojtulewicz, policy and market insight headsaid:“Commonhold could help the government meet their housing targets. “When people feel they have a real stake in their building, consumer confidence in dense, tall buildings, essential for delivering supply in our cities, will increase and projects will have enough buyer interest in them and therefore be viable enough to build.” Housing and planningminister Matthew Pennycook announced the changes in the commonhold white [paper](https://www.gov.uk/government/publications/commonhold-white-paper/commonhold-white-paper-the-proposed-new-commonhold-model-for-homeownership-in-england-and-wales) released this week. “At the heart of the commonhold model is a simple principle: the people who should own buildings, and who should exercise control over their management, shared facilities and related costs, are not third-party landlords but the people who live in flats within them and have a direct stake in their upkeep,” he said. Mr Pennycook said it was time to end the ‘feudal’ leasehold system subjecting people to escalating ground rents, unjustified permissions and administration fees and unreasonable charges. Commonhold ownership dispenses with leases and means residents are the outright owners. **Commonhold set for mixed-use developments** Mr Pennycook said commonhold may be suitable for wider settings such as commercial blocks, or retail and industrial parks and shopping centres. He said separate units could be sold freehold with clear rules and procedures to manage the communal amenities and spaces. A building, or estate,would be divided into sections to separate the management of different unit groups within a commonhold. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said that commercial finance development lenders were comfortable with the commonhold model which is widely used in Scotland, Europe and the US. Mr Pennycook also promised to give existing leaseholders greater rights and protections with detailed secondary legislation in the leasehold and freehold reform act 2024. This would tackle unregulated and unaffordable ground rents, removing and protecting leaseholds from unscrupulous managing agents. More than 5m households in England and Wales live in flats, maisonettes and apartments reveals census data for 2021 – a 21 per cent increase on the previous decade. A draft leasehold and commonhold reform bill giving detailson how the new system would work will be published later this year. LinkedIn Question: What potential problems do you see if flat owners are given responsibility for managing communal amenities and spaces? ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Development Finance Lenders, News --- ### [Planning reforms leave SME housebuilders out of the picture](https://www.hankzarihs.com/planning-reforms-leave-sme-housebuilders-out-of-the-picture-2/) **Published:** March 14, 2025 **Author:** Shiraz Khan **Content:** **Unclear how proposed changes will work** The building industry has described reforms to planning as a step in the right direction but lack of dedicated small sites for development and planning fee increases still pose major challenges for SME housebuilders. - Smaller sites should be included in local housing plans - Statutory consultees scope to be curtailed - Judicial reviews to be streamlined **Planning reforms leave SME housebuilders out of the picture** Builders won’t be getting ‘shovels in the ground quicker’ to build 1.5m homes in Britain without making it easier for SME housebuilders to thrive, claim key figures in the building industry. The National Federation of Builders, [NFB](https://builders.org.uk/news/), has described the government’s planning and infrastructure [bill](https://www.gov.uk/government/publications/the-planning-and-infrastructure-bill/guide-to-the-planning-and-infrastructure-bill) as a positive step forward but argues it may incur more delays. NFB policy head Rico Wojtulewicz said: “The bill delivers important changes, but it isn’t fixing the planning process. There is a danger that the changes limit SME opportunity and growth.” The NFB is critical that only larger sites are to belooked at as areas suitable for housing in authorities’ special development strategies designed to ensure building meets local needs. “There should be some limits to site sizes so that they include ones of up to 100 homes which would give SMEs a bite at the cherry. “Smaller sites can be developed much more quickly making an important contribution to an authority reaching its housing target,” said Mr Wojtulewicz. Federation of Master Builders, FMB, chief executive Brian Berry said: **“**Small builders across the UK stand ready to play their part in delivering the homes we need, but time and time again we’ve seen barriers keeping them out of the market.” He agreed that a bureaucratic planning system and lack of viable and available land for SME housebuilders to develop was a major barrier for his members. **Unclear how proposed changes will work** Home Builders Federation chief executive Neil Jefferson said: “Removing blockages, speeding up the decision-making process and ensuring local planning departments have the capacity to process applications effectively will be essential to getting more sites up and running.” Mr Wojtulewicz warned it was still unclear how limiting the scope of statutory consultees, such as Environment Agency or Natural England, would speed up the planning process. However, streamlining judicial reviews by removing the paper permission stage and giving hopeless challenges just one attempt to contest a development consent orderwere welcomed. The Royal Institution of Chartered Surveyors, [RCIS](https://www.rics.org/news-insights/rics-comments-on-uk-governments-planning-and-infrastructure-bill),senior specialist onland andresourcesTony Mulhall said:“Retaining important judicial reviews while limiting the scope for vexatious delays is a proportionate response. This together with an overall reduction in bureaucracy will prove crucial for getting more building projects off the ground.” Judicial reviews typically cost £30,000 and are seen as one of the reasons why building contractors in the UK typically make lower profits than their European counterparts. However, the move to allow local authorities to set planning fees is regarded as a risk that charges will go up. “This will make it more expensive and difficult to get a planning application over the line. It will make it easier for the bigger companies at the expense of SMEs who we will see leaving the sector,” said Mr Wojtulewicz. Brokers [Hank Zarihs Associates](http://www.hankzarihs.com) said development finance lenders wanted a cap on planning fees otherwise they would prove a barrier to building in areas where councils fees were high. FMB figures show SMEs built 40 per cent of new homes in the 1980scompared to 10 per cent now. ***LinkedIn Question: How important is it that local authorities’ local plans for areas designated for housing include small sites?*** ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Development Finance Lenders, News --- ### [Smaller housebuilders urged to lobby MPs to make building safety levy fairer](https://www.hankzarihs.com/smaller-housebuilders-urged-to-lobby-mps-to-make-building-safety-levy-fairer/) **Published:** March 26, 2025 **Author:** Shiraz Khan **Content:** **New levy on top of existing developer tax is unnecessary** SME housebuilders are being encouraged to lobby their local MPs to support a campaign for the building safety levy to tax product manufacturers. - Product manufacturers, especially those involved in the Grenfell Tower disaster, should pay - Housebuilders constructing schemes of less than 50 homes should be exempt - Levy will add between half to one per cent on the sale cost of a home **Smaller housebuilders urged to lobby MPs to make building safety levy fairer** SME developers are being urged to [write](https://ask-nfb.builders.org.uk/documents/template-lobbying-letter-polluter-pays-building-safety-levy/) to their MPs to make the proposed building safety levy fairer following the Government’s response to the consultation on the new tax. The construction industry is furiousmanufacturers responsible for the unsafe cladding materials that led to the Grenfell disaster won’t be liable. They argue SME builders only constructlow rise housingbelow the riskier18 metre heightand should therefore not have to pay the new tax. National Federation of Builders, NFB,policy and market insight headRico Wojtulewicz said: “Small builders came to the Government with a solution that shared remediation costs across all accountable industries, as well as delivered a ‘polluters should pay more’ principle.” The NFB is also upset its call to increase the size of housing developments exempt from the levy to up to 50 homes was rejected. NFB chief executive Richard Beresford described the levy as “anti-growth and anti-SMEs” and would jeopardise the Government’s commitment to building 1.5m new homes by 2029. It points out that SMEs train 73 per cent of apprentices in the building trade and make a significant contribution to building social and affordable housing. The Homebuilders’ Federation is also critical of the levy and the financial burden it will place on developers and particularly SMEs. Last week it [wrote](https://www.hbf.co.uk/documents/14397/New_tax_on_new_homes_-_Building_Safety_Levy_-_HBF_members_to_the_Chancellor_-_12_March.pdf) to the Chancellor Rachel Reeves raising these concerns and asking why no formal impact assessment has been made to gauge the levy effect on housing supply. **New levy on top of existing developer tax is unnecessary** The construction industry has pointed out that £6.4bn has already been raised for remediation through the residential property developers’ tax in 2021. This levies a tax of four per cent on profits above £25m. The building safety levy will apply to all new homes and purpose-built student accommodation in England that require a building control application.However, affordable housing, care homes and homes built by not-for-profit registered providers will be exempt. Rates will be charged per square metre set by local authority area to reflect house price variations with a 50 per cent discount on for developments on brownfield sites. It’s estimated it will average £17 per sq m for brownfield sites to £34 per sq m for greenfield sites. This means building a 100 sq m home in Kensington and Chelsea could cost an extra £10,000 per unit compared with £1,270 for a similar-sized house in County Durham. The NFB calculates the levy will addan average between 0.5 per cent and 1 per cent of a home’s sale price, based on the sq m floorspace of a home. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/blog/) said development finance lenders were worried the levy would lead to more smaller housebuilders leaving the sector. The tax aims to raise £3.4bn over a decade to fix building safety defects on mid-rise blocks of flats. LinkedIn Question: Should low-rise and smaller housing developments of under 50 homes be exempt from the building safety levy? ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Development Finance Lenders, News --- ### [SME builders back rolling reform of UK’s complex environmental regs](https://www.hankzarihs.com/sme-builders-back-rolling-reform-of-uks-complex-environmental-regs/) **Published:** April 2, 2025 **Author:** Shiraz Khan **Content:** **BNG review urgently needed to help SMEs speed up housing delivery** SMEs are optimistic proposed ‘rolling reforms’ to environmental regulation will lead to a review of biodiversity net gain and nutrient neutrality rules that are holding up housebuilding. - 3,500 complex environmental regulations will be streamlined - Continuous regulatory reform to be pursued - A single planning portal for advice from all agencies **SME builders back rolling reform of UK’s complex environmental regs** Smaller developers hope ‘rolling regulatory reforms’proposed in a new government review will lead to a rethink of biodiversity net gain, BNG, rules that they claim are delaying housebuilding projects. BNG requires sites of more than ten homes to offer a biodiversity uplift of ten per cent by creating wildlife habitats on existing land or off-site land or through buying credits. The[*Plan for Change*](https://www.gov.uk/government/news/major-reforms-to-environmental-regulation-to-boost-growth-and-protect-nature) review released today, 2nd April, said the “complex patchwork of over 3,500” environmental regulations must be streamlined if the UK is to hit the 1.5m new homes by 2019 target. Economist and former charity leader Dan Corry, who led the review, described the current system as letting down nature and growth. “We must focus on good outcomes and nature enhancement, not on rigidly preserving everything at any cost. “Simply scrapping regulations isn’t the answer – instead, we need modern, streamlined regulation that is easier for everyone to use. “While short-term trade-offs may be needed, these reforms will ultimately deliver a win-win for both nature and economic growth in the longer run.” His review has proposed a “continuous programme of reform” to pinpoint rapid actions and longer-term areas for improvements to regulation. **BNG review urgently needed to help SMEs speed up housing delivery** National Federation of Builders, NFB, policy head Rico Wojtulewicz said rolling regulatory reform offered the chance to fix rules that weren’t working such as BNG introduced a year ago. “Thereview period for the BNG metric doesn’t need to be in three to five years and solutions, such as onsite fabric and site design to support local species, can target biodiversity improvements directly while ensuring SME-sized sites are viable and can start more quickly,” said Mr Wojtulewicz. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com) said development finance lenders supported reviewing BNG rules which had caused delays and extra costs to SME developers. A[survey](https://www.hbf.co.uk/research-insight/bng-one-year-on/) released this week by the Homebuilders Federation, HBF,showed98 per cent of SMEs found implementing BNG rules challenging.Eight out of ten SMEs said they were a major barrier to growth. Nine out of ten SMEs and larger housebuilders said they had experienced delays due to insufficient local authority BNG expertise or resources. The housebuilding industry hopes rolling regulatory reform will enable revision of nutrient neutrality rules stalling an estimated 145,000 new homes across one in four local authorities in England. The rules introduced in 2019 stipulatea housing scheme should not increase river pollution in sensitive sites where nutrient levels are high. Housebuilders claim intensive farming isthe real culprit as the built environment contributes to less than five per cent of raised phosphates and nitrates in rivers. Key review proposals include a single lead regulator for major infrastructure projects,a single planning permit portal for adviceand reviewing and streamlining existing compliance guidance. **LinkedIn Question:** *What is the biggest barrier for housebuilders’ delivery – complicated regulation or under-resourced local planning authorities?* ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Development Finance Lenders, News --- ### [US tariffs create uncertainty for smaller builders in the UK](https://www.hankzarihs.com/us-tariffs-create-uncertainty-for-smaller-builders-in-the-uk/) **Published:** April 9, 2025 **Author:** Shiraz Khan **Content:** **UK steel vital for the country’s green economy** SMEs housebuilders are worried the current global tariff war will create economic uncertainty and damage the UK steel industry. - UK steel vital for supporting the country’s low-carbon economy - Raw materials for making steel could drop in price post US tariffs - Steel is a crucial housebuilding product **US tariffs create uncertainty for smaller builders in the UK** The SME housebuilding industry is anxiously waiting to see what effectsUS import tariffs will have on building material supplies and costs. The US president Donald Trumpimposed a tariff of 25 per cent on imported steel and aluminium from the 12th March 2025. Housebuilders fearthis could lead to cheap steel imports from China which would be a further blow to the UK’s embattled steel industry. Germany, Spain and the Netherlands are the UK’s top steel suppliers but access to domestically produced steel is seen as important given the volatility of global markets. The Federation of Master Builders, [FMB](https://www.fmb.org.uk/), Brian Berry said: “A prolonged period of economic uncertainty risks major harm to small builders both in terms of products imported from abroad, and the wider impact on the markets, for example with regards to steel manufacturing.” However, the National Federation of Builders, [NFB](https://builders.org.uk/), has said despite the economic uncertainty there might be some positive effects from US import tariffs on steel. NFB policy and market insight head Rico Wojtulewicz said: “UK and global industries may see some bright spots as the production of steel uses raw materials such as manganese, nickel, chromium, and if they are unaffordable to US companies, in the short-term new markets at lower prices will need to be found.” The Homebuilders Federation, [HBF](https://www.hbf.co.uk/), said it was too early to tell how US tariffs would affect the industry. HBF communications director Steve Turner said: “The majority of materials are sourced internally from within the UK, with a very limited amount from the US. Any impact from tariffs specifically, either positive or negative, also needs to be balanced against the broader economic conditions.” **UK steel vital for the country’s green economy** The government wants the UK’s steel industry to survive so it can support a low-carbon economy for producing wind turbines, electric vehicles and energy-efficient products and infrastructure. In housebuilding, steel is used for reinforcing concrete foundations, walls and beams to support roofs. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/blog/) said development finance lenders were keen for the housebuilding industry’s supply chains to be robust with greater domestic production of key products such as steel. **LinkedIn Question:** *How worried are you about the current geopolitical situation and how it will affect housebuilding?* ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Development Finance Lenders, News --- ### [SME builders give thumbs up to Homes England’s small sites category](https://www.hankzarihs.com/sme-builders-give-thumbs-up-to-homes-englands-small-sites-category/) **Published:** April 16, 2025 **Author:** Shiraz Khan **Content:** #### **SME builders give thumbs up to Homes England’s small sites category** **SME developers key for regional growth** More SME housebuilders will apply to develop land managed by Homes England now that there is a small sites category, claims the building industry. - New small sites category for 20-70 new homes - Homes England hopes to attract more regional SME developers - SME housebuilders key for local economic growth and jobs SME housebuilders are optimistic Homes England’s new [small sites category](https://www.gov.uk/government/publications/delivery-partner-dynamic-purchasing-system/delivery-partner-dynamic-purchasing-system-supporting-information)for schemes of 20 to 70 new homes will give them a greater chance of winning development bids. The Government’s housing and regeneration agency wants more SME regional developers to help develop the8,800 hectares of land it manages offering £20bn worth of development opportunities. Homes England’s interim chief executive Eamonn Boylan said: “We are keen to encourage smaller regional developers and SMEs and we have created the small sites category to make it easier for smaller companies, who may not have a previous track record of working with us to apply.” The National Federation of Builders, NFB, has been campaigning for Homes England and local planning authorities to have a small sites category for some time. NFB policy and market insight head Rico Wojtulewicz said: “Every government says they want to help SMEs but we rarely see one implementing a mechanism to achieve that. “Homes England’s 20 to 70 site size definition will support SMEs because it defines a site size that SMEs typically deliver, and we are delighted that they listened to our recommendations.” The Federation of Master Builders, FMB, said the new size definition will give smaller regional buildersa chance to develop some of Home England’s varied land portfolio. These include former new town land, coalfield sites, assets from regional development agencies and former ministry of defence sites. **SME builders key for regional growth** The FMB hascampaigned for public bodies including local authorities to work more closely with smaller builders to unlock sites for housing arguing that this would stimulate local growth, jobs and training for young people. Brokers [Hank Zarihs Associates](http://www.hankzarihs.com) said development finance lenders would be keen to support SMEs bidding to develop land managed by Homes England. The FMB has cited lack ofsmall sites in councils’ local plans as one reasons for the decline in SME housebuilders. It calculates SMEs are responsible for delivering just ten per cent of new homes today compared with 40 per cent40 years ago. SME housebuilders have complained that smaller sites suitable for under 30 units accounts for a tiny amount of land identified for housing in councils’ local plans. They believe local planning authorities favour largerdevelopments typically delivered by big firms who can afford to wait for years before an application is approved. In 2021, Homes England simplified[applications](https://www.hankzarihs.com/developing-public-land-set-to-get-easier-for-smes/)to develop their land from a panel of partners renewed every four years to one where builders could apply to join at any time. The agency hoped the easier process would encourage more SMEs to apply to become development partners. Homes England uses a range of public funding streams to support infrastructure like roads, utilities, and community facilities to unlock land for new housing. Land planned for disposal can be found on Homes England’s [Land Hub](https://www.gov.uk/guidance/how-homes-england-sells-land-for-housing-led-developments)which lists 148 sites offering a total of 2,500 acres of developable land. LinkedIn Question: Will the smaller size category encourage more SME builders to apply to develop land managed by Homes England? ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Development Finance Lenders, News --- ### [England’s incoming metro mayors urged to use new powers to address housing crisis](https://www.hankzarihs.com/englands-incoming-metro-mayors-urged-to-use-new-powers-to-address-housing-crisis/) **Published:** April 30, 2025 **Author:** Shiraz Khan **Content:** **Small sites are important for local economies** On the eve of the local elections for four new regional metro mayors the housebuilding industry is pressing the successful candidates to boost housing delivery. - Ambitious targets for small sites needed - Metro mayors should use their powers to buy land for housing - Mayors should ensure colleges offer targeted skills in construction England’s four new metro mayorsare being urged to use new powers ahead of schedule to help address the housing crisis by the building industry. Local elections on Thursday, the 1st of May, will see new mayors for Cambridgeshire and Peterborough, Hull and East Yorkshire, Greater Lincolnshire, and the West of England. The Homebuilders Federation,HBF, has published a [*Mayor Manifesto*](https://www.hbf.co.uk/documents/14513/HBF_Mayor_Manifesto_2025_-_Copy_3.pdf)calling on them to draft spatial development strategies setting out overarching priorities for housing and infrastructure regionally. HBF chief executive Neil Jefferson said: “This is the moment for them to take bold, immediate action and unlock the housing potential of their regions by addressing the barriers to housing, whether it’s planning delays or affordable housing shortages, or the need for greater flexibility in tenure mixes. “By taking swift, decisive action now, mayors can deliver the stability, growth, and homes our communities desperately need, all while putting the power to shape the future firmly in their hands.” Under the planning and infrastructure bill, expected to become law by the end of 2025, metro or combined authorities can set spatial development strategies like the London Plan. The forthcoming English Devolution bill, scheduled to come into force in 2026, will give metro mayors the authority to intervene in local planning decisions. The HBF manifesto encourages metro mayorsto use their full range of powers to accelerate housing delivery. This includes intervening when local councils underperform, using mayoral development corporations or orders to unlock land, and setting up a house builder panel to improve communication with home builders. **Small sites are important for local economies** “A greater focus on a diverse housing mix is also essential. The manifesto calls for mayors to set ambitious targets for small-site developments, particularly in locations well-served by public transport. “Small sites, often overlooked in larger planning schemes, deliver valuable homes, support smaller home builders and boost local economies,” said Mr Jefferson. The House Builders Association, part of the National Federation of Builders, [NFB](https://builders.org.uk/size-matters-in-planning/), calls for five site size definitions to replace one to ten for ‘minor’ sites and ten and above for ‘major’ sites. These would be one to nine for ‘minor’ sites, ten to 49 for ‘medium’; 50 to 100 for ‘large’; 101 to 249 for ‘major’ and 250 and above for ‘strategic’ sites. NFB policy and market insight headRico Wojtulewicz said: “Smaller sites of one to nine homes support projects best targeting local demand. Sites of 10 and 50 are focused on organic growth. “Sites of fifty to one hundred support almost all SMEs and do not greatly impact existing infrastructure.” He said the different site sizes would avoid making planning more expensive for SMEs by streamlining planning for sites creating the lowest level of impact. [Hank Zarihs Associates](http://www.hankzarihs.com) said development finance lenders supported greater specificity in defining smaller sites as this would offer SME developers more opportunity to compete against larger builders. NFBchief executive Richard Beresfordsaid:“In order to build 1.5 million new homes and save our SME builders, we need a planning system that is fit for purpose, priorities placemaking, and enables builders of all sizes.” The HBF manifesto also calls on mayors to use their powers over local education and training to ensure colleges and training providers are aligned with the needs of the local housing market. For Cambridgeshire and Peterborough where water scarcity has proved a majorhousebuilding barrier, the NFB has called on the new mayors to convene an action group.Stakeholders would include housebuilders, local authorities, water companies, and the Environment Agency to find long-term solutions. LinkedIn Question:How optimistic are you that metro mayors will be instrumental in helping to hit the 1.5m target of new homes by the end of 2019? ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Development Finance Lenders, News --- ### [S106 agreement reform needed to accelerate housing delivery](https://www.hankzarihs.com/s106-agreement-reform-needed-to-accelerate-housing-delivery/) **Published:** May 6, 2025 **Author:** Shiraz Khan **Content:** Standardisinginfrastructure agreements and employing more planning officerswould speed updelivery of thousands of housing projects currently delayed, claims the Homebuilders Federation, [HBF](https://www.hbf.co.uk/news/infrastructure-agreements-add-16-months-to-the-planning-process-new-research-shows/). A freedom of information request showed theaverage time to finalise S106 agreements,where developers contribute to new roads, affordable housing and schools, has increased by 20 per cent. In 2022-3 the average time was 425 days compared with 515 days in 2024-25 – adding 16months to the planning process. HBF chief executive Neil Jefferson said: “While these delays affect developments of all sizes, they are particularly challenging for smalland medium-sized, SME developers, who often lack the financial reserves to absorb prolonged delays and rising costs.” More than three-quarters of local authorities reported average negotiation timescales exceeding a year. Earlier HBF research revealed North Devon’s planning department was only 53 per cent staffed with nearly half of all S106 agreements taking over three years to approve. Other under-resourced planning authorities include Exeter and Stevenage where the majority of S106 agreements took more than a year to finalise. “We need to see meaningful action to increase capacity at a scale commensurate with the importance of the challenge,” said Mr Jefferson. **Thousands more planning officers needed** The HBF is calling for an additional 2,200 planning officers across England and Wales to close the staffing gap. This is nearly eight times the government’s proposed recruitment of 300 new local authority planners, which the HBF says would account for less than 15 per cent of the current shortfall. HBF also wants standardised procedural guidelines and clauses to reduce the need to draft S106 agreements from scratch. At the very least it is calling for clearer guidance and expectations on good practice for drawing up agreements. Brokers [Hank Zarihs Associates](/) said development finance lenders were keen to see a systemised approach that would build trust among stakeholders and help developers better plan and budget projects. HBF had said statutory or guideline-based timescales should be introduced into the application and pre-application handling for S106 negotiations, drafting and signing of agreements. It wants local authority performance to be benchmarked with data on average timescales, agreement outcomes and compliance rates published in infrastructure funding statements. The housebuilding industry contributes about £7bn annually to local communities through S106 agreementsproviding affordable housing and supporting local economies, enhancing local education services and community facilities. LinkedIn Question: How can the average time for agreeing S106 agreements be speeded up? ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Development Finance Lenders, News --- ### [Solar panels on the roofs of new build homes will see building costs soar](https://www.hankzarihs.com/solar-panels-on-the-roofs-of-new-build-homes-will-see-building-costs-soar/) **Published:** May 7, 2025 **Author:** Shiraz Khan **Content:** **Grid demand to surge as heat pumps and electric cars gain traction** SMEs will leave the housebuilding sector if the government goes ahead with requiring new builds to have solar panel roofs from 2027, warns the National Federation of Builders. - Extra estimated costs of £4,000 per home - Building an electric substation costs at least £50,000 - Delays in grid connection could wipe clean developers’ profits **Solar panel requirements on all new build homes will see costs soar** Mandatingsolar panels for the roofs of most new homes by 2027 will escalate building costs and is another ‘nail in the coffin’ for SME developers, warns the National Federation of Builders, [NFB](https://builders.org.uk/energy-sector-should-pay-for-grid-connections-and-new-builds-can-have-solar-panel-roofs/). The Government sees the change as essential to meet itsgoal of decarbonising the electricity grid by 2030 and reducing average energy bills by up to £300. A housing, communities and local government ministryspokesperson said: “We have always been clear that we want solar panels on as many new homes as possible because they are a vital technology to help cut bills for families, boost our national energy security, and help deliver net zero.” Greater use of solar panels features in the forthcomingfuture homes standardsto be implemented later this year. The standards areaimed at a major shift in building regulations to reduce carbon emissions from new homes. But the NFB has said this will be pricey for housebuilders with project grid connection delays, and the cost of connecting to the grid running into tens of thousands of pounds. NFB policy and market insight head Rico Wojtulewicz said: “SME projects will be delayed, meaning debt servicing will wipe out profit. Land appraisals will be worthless, which means profit margins are eliminated. And builders, especially smaller ones, will keep leaving the industry, as they just cannot afford to build.” He warned that many councils would “feel comfortable” about writing policy that goes above building regulations,which could mean developers footing £50,000 bills to pay for substations. “The development industry should not be paying for piecemeal upgrades to the grid, with uncertain connection timeframes,”saidMr Wojtulewicz: Finance brokers [Hank Zarihs Associates](https://www.hankzarihs.com) said development finance lenders were worriedthat the extra costs would make it more difficult for SME housebuilders to make a profit. **Grid demand to surge as heat pumps and electric cars gain traction** Electricity demand is set to steadily increase as people switch from gas fired boilers to heat pumps, install induction cookers and buy electric cars. The Government said its planning and infrastructure billwill reform electricity network connections and improve the connections queue supporting its target to build1.5m new homes by 2029. Ithopes the new bill will interact with changes in the national planning policy framework to cut delays so smaller residential developers can compete offering more competition. LinkedIn Question:How worried are you about extra housebuilding costs associated to connecting to the national grid? ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Blog, Development Finance Lenders, News --- ### [SMEs could be hardest hit by proposals to clampdown on immigration](https://www.hankzarihs.com/smes-could-be-hardest-hit-by-proposals-to-clampdown-on-immigration/) **Published:** May 14, 2025 **Author:** Shiraz Khan **Content:** SME construction firms to be the most affected by proposals to reign in immigration as they will struggle to pay higher visa sponsorship costs. - Skills level threshold raised to degree level equivalent - Immigration skills charge increased by 32% - Basic salary threshold for new immigrants to increase significantly SME builders are expected to be hit the hardest by government [proposals](https://assets.publishing.service.gov.uk/media/6821f334ced319d02c906103/restoring-control-over-the-immigration-system-web-optimised.pdf) to control immigration by reforms to the skilled workers visa set out in a white paper released earlier this week. The new measures include raising the skills level to degree equivalent, increasing the salary threshold and the immigration skills charge by 32 per cent. The National Federation of Builders, [NFB](https://builders.org.uk/immigration-policy-must-serve-britain-not-party-politics/), chief Executive Richard Beresford said: “If we want to build 1.5 million homes, retrofit 20 million homes, fix the grid, build roads, rail, and renewables, we need a skilled workforce to do it.” He said the UK did not have enough construction workers to achieve the government’s target and that this would get worse over the next two years as many would retire from the sector. Immigration law firm Fragomen has raised concerns SMEs, particularly those in construction, would be badly affected because they rely heavily on foreign workers across a wide range of skills. Partner Lousie Haycock told [*pbctoday*](https://www.pbctoday.co.uk/news/hr-skills-news/new-immigration-rules-could-put-further-strain-on-construction-smes/151110/): “Construction businesses require skills across a panoply of levels – and there are concerns as to whether the new system’s exceptions will be adequately calibrated and sensitive to this.” **SMEs need a secure pipeline of work to invest in apprentices** Research by housebuilder Redrow in 2019 showed 73 per cent of construction SMEs employed apprentices. However, the NFB has warned that this figure will have decreased due to dwindling pipelines of new work for SMEs. NFB policy and market insight head Rico Wojtulewicz said: “With most operating hand to mouth, they cannot afford an apprentice. Things are so bad that many cannot even afford to retain existing stuff, let alone afford an apprentice.” The trade body has been lobbying for a reformed planning system speeding up the time it takes to approve an application and for local councils to include small sites lists in their local plans. “If they had work pipelines, they would be able to train as they did in the 1980s, when SMEs built 40% of homes and we trained more bricklayers and carpenters than all construction apprentices today,” said Mr Wojtulewicz. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said that development finance lenders wanted a faster and more efficient planning system to enable more SME housebuilders to stay in business. A Home Office spokesperson said the government would liaise with key sectors such as construction to develop workforce strategies based on labour market evidence. This would shape how future training is developed to increase domestic labour participation. Currently there is a shortage of bricklayers, carpenters and plasters with the UK construction industry reliant on hiring foreign workers to plug the skills gap. The white paper is proposing a temporary list of occupations where there is a shortage and where the skills requirement for entry into the UK would be lower than degree level. Office for National Statistics estimates that net migration was 728,000 in the year to June 2024, a 20 per cent drop from the 906,000 recorded for the year to June 2023. LinkedIn Question: How concerned are you that tougher requirements for the skilled workers visa will affect housebuilding delivery? ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Blog, Development Finance Lenders, News --- ### [UK-EU youth experience scheme could help plug construction skills gap](https://www.hankzarihs.com/uk-eu-youth-experience-scheme-could-help-plug-construction-skills-gap/) **Published:** May 21, 2025 **Author:** Shiraz Khan **Content:** Proposals for young people to be able to work and move freely around Europe could have a positive spin-off for the construction industry. The Construction Industry Training Board estimates the UK needs to attract an additional 250,000 workers to meet the government’s target of building 1.5m new homes by 2029. National Federation of Builders, [NFB](https://builders.org.uk/news/), policy and market insight head Rico Wojtulewicz said: “The youth mobility scheme, or whatever it ends up being called, could help fill some gaps in the construction sector but it must ensure that skilled workers on the old shortage occupation list are not subject to the quota limits.” Engineers, bricklayers, electricians, and joiners are in demand, and this is expected to spike in the near term, given that the average age of a construction worker in the UK is over 55. Building consultant and project manager for the *BBC’s* DIY SOS Ian Hodgkinson has[said](https://www.linkedin.com/feed/update/urn:li:activity:7294595499758616576/) just 7,000 bricklayers are trained a year, yet at least 95,000 are needed. Although details of the youth experience scheme have not been worked out, the government said it would mirror existing schemes the UK has with countries like Australia and New Zealand. They have an annual quota of visas allowing people between 18 and 35 to work in each other’s countries for up to three years. “Three years of access to someone you have trained does give flexibility to employers who could then choose to sponsor the young person,” said Mr Wojtulewicz. **Visas would be restricted to yearly quotas** These visas are subject to annual quotas;for example Australia has a 42,000 cap, with ballots held where they are oversubscribed. Homesecretary Yvette Cooper is thought to be arguing for visas to be limited to one year so that EU citizens taking part do not appear in official immigration figures. Brokers [Hank Zarihs Associates](http://www.hankzarihs.com)said development finance lenders were keen for builders to have flexible access to skilled workers as shortages delayed projects, increased costs and affected quality. The government’s [white paper](https://assets.publishing.service.gov.uk/media/6821f334ced319d02c906103/restoring-control-over-the-immigration-system-web-optimised.pdf) on controlling immigration, released last week, has caused [concerns](https://www.hankzarihs.com/smes-could-be-hardest-hit-by-proposals-to-clampdown-on-immigration/)it will be difficult to recruit skilled foreign workers. The paper proposes raising the qualification level for sponsorship from A-level equivalent to degree level, increasing the salary threshold and increasing the immigration skills charge by 32 per cent. Office for National Statistics estimates that net migration was 728,000 in the year to June 2024, a 20 per cent drop from the 906,000 recorded for the year to June 2023. ***LinkedIn Question: How useful would it be to have the freedom to recruit young people from across Europe?*** ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Blog, Development Finance Lenders, News --- ### [Smaller housebuilders to benefit from new ‘medium’site definition](https://www.hankzarihs.com/smaller-housebuilders-to-benefit-from-new-mediumsite-definition/) **Published:** May 28, 2025 **Author:** Shiraz Khan **Content:** Simplifying planning with a new ‘medium’ sized definition for sites of ten to 49 homeswill enable SMEs to be major players in delivering 1.5m new homes, asserts the construction industry. A new government working [paper](https://www.gov.uk/government/publications/planning-reform-working-paper-reforming-site-thresholds/planning-reform-working-paper-reforming-site-thresholds) on reforming site thresholds suggestssuch sites be exempt from the building safety levy and benefit from simpler biodiversity net gain rules. Deputy prime minister and housing secretary Angela Rayner said smaller housebuilders were key to helping the government reach its target of 1.5m new homes by 2029. “For decades the status quo has failed them and it’s time tolevel the playing field. “We’re taking urgent action to make the system simpler, fairer and more cost-effective, so smaller housebuilders can play a crucial role in our journey to get Britain building.” The National Federation of Builders, [NFB](https://builders.org.uk/nfb-and-hba-secure-major-sme-housebuilding-reforms/), said the proposals, released on the 27thof May, would give the SME sector the support they needed to survive. NFB and house builders’association policy and market insight head Rico Wojtulewicz said:“A medium sites definition supports projects SME builders typically deliver. If you support more SME builders, you encourage more entrants into the market. It’s a really sensible strategic move.” Brokers [Hank Zarihs Associates](/) said development finance lenders backed lessening the regulatory burden as SMEs couldn’t afford extended delays on projects. In 1998 SMEs built 39 per cent of new homes but this has declined to just 10 per cent, revealed a research paper by the built environment committee. The government has recognised that SMEs contribute to local jobs as well as training eight out of ten construction apprentices. The working paperis proposing applications for sites of less than ten homes be delegated to planning officers rather than planning committees. It also suggests streamlining or exemption of biodiversity net gain, BNG, where builders must deliver a ten per cent uplift over a 30-year period. **Biodiversity rules to become less burdensome** BNG became mandatory for major developments on the 12thof February 2024 and for smaller sites on the 2ndof April 2024 as part of the 2021 environment act.Small sites could use a digitised habitat metric which included gardens and features such as bat boxes and bee bricks. However, developers of sites with ten or more homes had to employ an ecologist to assess the existing biodiversity of the site and how to deliver the ten per cent uplift. The BNG rules have eaten into profit margins adding an estimated £200,000 in costs for a development of 40 new homes. Mr Wojtulewicz said if thehabitat metric was extended to developments of up to 49 homes, then this would provide sites large enough to discover whether features such as bat or bird boxes worked. He also said that a medium site definition would help with the development of brownfield sites as smaller schemes would benefit from a streamlined planning process and would be quicker to deliver. The government said it would ensure Homes England would release more of its land exclusively to SMEs and a new national housing delivery fund would support long-term finance options. Small sites aggregator pilots would be launched in Bristol, Sheffield and the LondonBorough of Lewishamto unlock unviable small plots of land. LinkedIn Question: Is a new medium site definition offering simpler planning and environmental regulatory rules enough to save the SME housebuilder? ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Development Finance Lenders, News --- ### [S106 agreement reform needed to accelerate housing delivery](https://www.hankzarihs.com/s106-agreement-reform-needed-to-accelerate-housing-delivery-2/) **Published:** June 4, 2025 **Author:** Shiraz Khan **Content:** Standardisinginfrastructure agreements and employing more planning officerswould speed updelivery of thousands of housing projects currently delayed, claims the Homebuilders Federation, [HBF](https://www.hbf.co.uk/news/infrastructure-agreements-add-16-months-to-the-planning-process-new-research-shows/). A freedom of information request showed theaverage time to finalise S106 agreements,where developers contribute to new roads, affordable housing and schools, has increased by 20 per cent. In 2022-3 the average time was 425 days compared with 515 days in 2024-25 – adding 16months to the planning process. HBF chief executive Neil Jefferson said: “While these delays affect developments of all sizes, they are particularly challenging for smalland medium-sized, SME developers, who often lack the financial reserves to absorb prolonged delays and rising costs.” More than three-quarters of local authorities reported average negotiation timescales exceeding a year. Earlier HBF research revealed North Devon’s planning department was only 53 per cent staffed with nearly half of all S106 agreements taking over three years to approve. Other under-resourced planning authorities include Exeter and Stevenage where the majority of S106 agreements took more than a year to finalise. “We need to see meaningful action to increase capacity at a scale commensurate with the importance of the challenge,” said Mr Jefferson. **Thousands more planning officers needed** The HBF is calling for an additional 2,200 planning officers across England and Wales to close the staffing gap. This is nearly eight times the government’s proposed recruitment of 300 new local authority planners, which the HBF says would account for less than 15 per cent of the current shortfall. HBF also wants standardised procedural guidelines and clauses to reduce the need to draft S106 agreements from scratch. At the very least it is calling for clearer guidance and expectations on good practice for drawing up agreements. Brokers [Hank Zarihs Associates](/) said development finance lenders were keen to see a systemised approach that would build trust among stakeholders and help developers better plan and budget projects. HBF had said statutory or guideline-based timescales should be introduced into the application and pre-application handling for S106 negotiations, drafting and signing of agreements. It wants local authority performance to be benchmarked with data on average timescales, agreement outcomes and compliance rates published in infrastructure funding statements. The housebuilding industry contributes about £7bn annually to local communities through S106 agreementsproviding affordable housing and supporting local economies, enhancing local education services and community facilities. **LinkedIn Question:** *How can the average time for agreeing S106 agreements be speeded up?* ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Development Finance Lenders, News --- ### [Solar panel grid connection must be capped, urge housebuilders](https://www.hankzarihs.com/solar-panel-grid-connection-must-be-capped-urge-housebuilders/) **Published:** June 11, 2025 **Author:** Shiraz Khan **Content:** Housebuilders are calling for a ‘cap’ on the grid connection and infrastructure costs when it becomes mandatory for new homes to have solar panels in 2027. Extra estimated costs per new home will be upwards of £4,000 with this rising if grid reinforcements are needed such as installing a new £50,000 substation to cope with higher electricity demand. They are worried grid connections could be delayed due to insufficient infrastructure to cope with new electrified homes. The National Federation of Builders, [NFB](https://builders.org.uk/solar-on-all-new-homes-must-align-with-1-5-million-homes-target/), policy and market insight head Rico Wojtulewicz said: “If we want to avoid harming local builders, delaying tens of thousands of homes and putting a leash on growth, the Government needs to implement a cost cap on solar installations which fully funds the panels and includes a nominal charge for grid connection and reinforcement. “The energy sector would pay the difference, or if no connection is available, they would cover the entire connection cost when one is available.” This would mirror part ‘S’ building regulations for electric vehicle charging points in new homes which caps grid connection and reinforcement costs, such as paying for a new substation. The NFB wants energy companies to be accountable to prevent connection delays and ensure a fair and proportionate service. **Grid infrastructure weaknesses pose problem to widespread ‘electrification’** “No housebuilder should be in a position where they are only able to provide connections for part of their site, receive no written promises on the date of connections and grid reinforcement, pay for temporary connections and then again for permanent ones, or be forced to fund infrastructure that the energy sector profits from in perpetuity.” The NFB has warned that as more housing projects are electrified the problem will increase. Brokers [Hank Zarihs Associates](/) said development finance lenders were keen to see the issue addressed otherwise there would be a risk of developers paying clients later or scrapping projects. The solar panel requirement is a proposed change to the latest future homes’[standard](https://www.gov.uk/government/news/rooftop-solar-for-new-builds-to-save-people-money) to be published in the Autumn. This measure will also mandate that all new homes incorporate low-carbon heating solutions, such as heat pumps and heat networks. The government has estimated solar panels will deliver £530 a year savings in electricity costs for heating a typical home. Housing and planning minister Matthew Pennycook said: “As part of the government’s plan for change to build 1.5 million homes, we are maximising the use of renewable energy to cut people’s bills and power their homes.” Solar Energy UKchief executive Chris Hewettsaid: “Making solar panels a functional requirement of the building regulations will cut energy bills, lower carbon emissions, help drive polluting natural gas off the grid and improve our nation’s energy security.” The housebuilding industry is also concerned that local planning authorities might oppose a scheme with solar panels on the grounds of “being out of character”. The NFB wants the government to reform planning in much the same way as they have done for heat pumps which since May are allowed to be installed under permitted development rights. **LinkedIn Question:** *How confident are you the government can address infrastructure weaknesses to cope with the extra demand on the grid once all new homes are solar-energy powered?* ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Development Finance Lenders, News --- ### [Scottish authorities called to cut red tape for SME housebuilders](https://www.hankzarihs.com/scottish-authorities-called-to-cut-red-tape-for-sme-housebuilders/) **Published:** October 8, 2025 **Author:** Shiraz Khan **Content:** Scottish housing secretary Màiri McAllan is urging the country’s planning authorities to exercise proportionality to avoid ‘unnecessary’ costs and delays to SME housebuilders. Ms McAllan and public finance minister Ivan McKee have written to Scotland’s 34 local planning authorities asking them to only request crucial information and to consider when to do so. “The preparation of assessments for planning applications generally incurs consultancy fees for SMEs due to a lack of in-house expertise, therefore requirements for the information should be essential. “Timing of information being provided should also be considered carefully to support cash flow, given finance may not become available to an SME until planning permission is secured,” the letter said. The ministerial [letter ](https://www.gov.scot/binaries/content/documents/govscot/publications/correspondence/2025/09/housing-sme-homebuilders-ministerial-letter-october-2025/documents/housing-sme-homebuilders-ministerial-letter-october-2025/housing-sme-homebuilders-ministerial-letter-october-2025/govscot%3Adocument/Cabinet%2BSecretary%2Band%2BMinister%2Bjoint%2BSME%2Bletter%2Bto%2Bplanning%2Bauthorities%2B-%2B30%2BSeptember%2B2025.pdf)highlighted the importance of SME housebuilders for developing new homes in rural spots and for the redevelopment of brownfield land. “Through delivering on these typically smaller sites, they support diversification of homes available and help to meet differing local needs and support strengthening of communities,” it stated. Homes for Scotland policy manager David Raines said his trade association had been pressing for policy and processes from planning to road bonds to be streamlined and accelerated for some time. “A more proportionate approach can make the small, rural and brownfield sites more viable for SMEs and incentivise them to invest and build more homes.” He added that a speedier and more consistent approach to helping SMEs with housing delivery would also free up local authorities to focus on “strategic sites, applications and planning”. **New consultation on speeding up housing delivery imminent** Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance lenders backed the government’s efforts to support SME builders by cutting back on red tape. The National Federation of Builders, [NFB](https://builders.org.uk/news/), said it would like to see SME builders added to the Scottish government’s proportionality of assessment short life working group to lay bare commercial realities. It pointed out that despite planning applications for fewer than 50 homes decreasing by a third in 2024-25 it was taking seven weeks longer than average decision times in 2019-20. The government has pledged to accelerate housing delivery across all tenures by ten per cent over the next three years to lift 10,000 children currently living in temporary accommodation. It has announced that it will shortly be publishing a new consultation document on methods to speed up and increase the volume of new homes with specific measures to help SMEs. The government-funded Scottish National Investment Bank will be key to accelerating the housing pipeline through strategic partnerships and lending to SME housebuilders. ***LinkedIn Question:** How convinced are you that the Scottish government’s emphasis on proportionality will change how local planning authorities operate?* ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Development Finance Lenders --- ### [Developers push for greater tenure flexibility to unlock 700 stalled housing schemes](https://www.hankzarihs.com/developers-push-for-greater-tenure-flexibility-to-unlock-700-stalled-housing-schemes/) **Published:** October 5, 2025 **Author:** Shiraz Khan **Content:** Housebuilders are calling for flexibility over tenures as financially strapped housing associations are increasingly unable to buy the ‘affordable homes’ element of a development. The Home Builders Federation, HBF, wants local authorities to engage constructively with renegotiations when a registered provider cannot be secured. HBF chief executive Neil Jefferson said: “Against rising affordability pressures and increasing numbers of families living in temporary accommodation, it cannot be that affordable homes are left standing empty.” About 900 completed affordable homes are empty due to a lack of commitment from social housing providers to take them, according to HBF analysis of [data](https://www.hbf.co.uk/news/uncontracted-section-106-affordable-homes-october-2025/) from a freedom of information request. A further8,500 affordable homes due to be built in the next 12 months are at risk, as social housing providers pull back from taking on new Section 106 contracts. “As it stands, housing associations are unable to bid and private buyers unable to buy, leaving the housing outlook increasingly uncertain,” said Mr Jefferson. The housing industry is pushing for a ‘cascade’ system to be introduced when negotiating Section 106 agreements with councils. **Alternative tenures would enable homes to be built** So, if there are no bids from registered providers, then alternative tenures could be adopted such as affordable rents, shared ownership or discounted market sale. “Such a step would help ensure that homes continue to be delivered, while providing developers with the assurance that if a registered provider cannot be secured, the affordable housing units can be converted to an alternative tenure or, as a last resort, replaced with a financial contribution to the local planning authority,” said Mr Jefferson. In the last three years, at least 700 housing developments are estimated to have been delayed due to a lack of commitment from social housing providers. “Right now, an estimated 100,000 private units are stalled, which not only threatens the supply of much-needed homes but also risks the livelihoods of regional businesses and hardworking tradespeople up and down the country,” said Mr Jefferson. Earlier this summer, more than 90 HBF members [wrote](C://Users/Barbara/AppData/Local/Microsoft/Windows/INetCache/Content.Outlook/9MY50BDW/HBF_S106%20AH_May%202025_Final.pdf) to housing minister Matthew Pennycook, urging government intervention. Particularly affected are small and medium home builders with capital tied up in uncontracted units, often funded by loans, as this jeopardises their cashflow and investment in future phases or projects. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said without a contracted 106 deal, small builders could struggle to secure development finance to start the project. Housebuilders were responsible for 45 per cent of the 46,000 affordable homes delivered last year. The National Federation of Builders, [NFB](https://builders.org.uk/news/), added that affordable homes are sold below the market rate, with smaller developers generally selling at a loss. Developers are liable for council tax on the empty affordable homes with this doubling in the second year. NFB policy and market insight head Rico Wojtulewicz said: “Local authorities are not working with developers to understand what is going wrong, they are simply seeking revenue.” He added that some local planning authorities insist on a pre-occupation condition when the affordable homes must be built before those for sale on the open market plus a completion notice. “The government knows there’s a problem because they set up an affordable home clearing service run by Homes England last year.” The [system](https://www.hankzarihs.com/over-17000-affordable-homes-stalled-due-to-lack-of-buyer-funds/) allows housebuilders to list affordable homes they are unable to sell for housing associations and local authorities to view and potentially buy. Mr Wojtulewicz added that several NFB members had applied to register for the service, but no one had come back to them. A housing department spokesperson said they were looking into the issue and highlighted that £39bn was pledged in June’s spending review to social housing over the next decade. The funding will run from 2026-27 for a decade and is aimed at giving registered providers certainty over capital funding. ***LinkedIn Question:** Should Homes England offer grant funding for ‘affordable homes’ if a housing association or council bid fails to materialise?* ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Blog, Development Finance Lenders --- ### [Local plan checklist gets thumbs up from house builders](https://www.hankzarihs.com/local-plan-checklist-gets-thumbs-up-from-house-builders/) **Published:** September 26, 2025 **Author:** Shiraz Khan **Content:** A new pre-examination **[checklist](https://www.gov.uk/government/news/new-checklist-introduced-for-local-plan-examinations)** for local plans goes live next month to help speed up approvals and avoid lengthy inspectorate examinations. Examinations are conducted to address a plan’s deficiencies but often hold up approvals for several years. The average length of 65 weeks in 2016 for examinations has climbed to 134 weeks in 2022, according to government figures. National Federation of Builders, **[NFB](https://builders.org.uk/news/)**, policy and market insight head Rico Wojtulewicz said: “This is recognition that more work needs to be done to ensure targets are met and will create greater levels of certainty. “We must remember that planning is not just getting a planning permission but all the policies and strategies which inform and enable it in practice.” The checklist will help ensure essential evidence and documents are ready to be submitted, and the plan’s content and rationale are clear. Housing minister Matthew Pennycook has said he wants to avoid the inspectorate ‘fixing’ deficient plans, leading to massive hold-ups. “Pragmatism should not be used to address fundamental issues with the soundness of a plan, which would be likely to require pausing or delaying the examination process for more than six months overall,” he said. **National roll out of online appeals for all of England’s LPAs** In July the planning inspectorate continued a phased roll out of **[online appeals](https://www.gov.uk/government/news/new-online-appeals-service-launching-for-all-local-planning-authorities)** for all local authorities in England this year following a pilot in Barnet, Greenwich, Havering, Richmond upon Thames, and Bromley. This followed changes to the planning appeal process in June, making it possible to only consider evidence submitted during the application, and not during the appeal. The new service offers a user-friendly dashboard for reviewing and monitoring cases and continuous improvement of the system based on user feedback Planning inspectorate chief executive Paul Morrison said: “Every delayed planning decision represents potential delays to development and uncertainty for local communities. This change is a common-sense approach to planning that benefits us all by removing unnecessary administrative burdens and focusing on what matters: well-informed, timely decisions based on high-quality applications from the start.” Brokers **[Hank Zarihs Associates](https://www.hankzarihs.com/)** said development finance lenders wanted to see speedier local plan adoption, as this would give builders a clearer picture about where to concentrate their efforts. Planning consultancy Litchfield’s’ research reveals that currently 60 per cent of councils do not have up-to-date local plans – the blueprint for development in an area over the next five years. Local planning authorities delayed submitting local plans after the then housing secretary Michael Gove made housing delivery targets advisory rather than mandatory in December 2023. The change removed the incentive for councils to act allowing them to justify lower housing numbers and defer complex decisions, especially regarding green belt land. ***LinkedIn Question:** Should it be mandatory for small and medium sites for up to one hectare to account for 10 per cent of planning approvals?* ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Blog, Development Finance Lenders --- ### [MPs back movefor medium sites of up to 150 homes in London](https://www.hankzarihs.com/mps-back-movefor-medium-sites-of-up-to-150-homes-in-london/) **Published:** September 17, 2025 **Author:** Shiraz Khan **Content:** Expanding the proposed medium-sized site definition of ten to 49 homes to up to 150 for London has won the backing of MPson the all-party parliamentary group, APPG, for SME housebuilders. Developers Pocket Living claim this would unlock thousands of SME-led homes, as the 49 limit fails to reflect the capital’s urban environment. Pocket Living chief executive Paul Rickard said:“ It is crucial that policy interventions, planning processes, and regulatory frameworks are designed in a way that recognizes the unique challenges faced by small and medium-sized developers. Only then can we build a diverse, resilient housing market that meets the needs of all.” The developer and other industry leaders argue that London’s urban landscape means that mid to high-density building is common on small sites. Pocket Living claims the ‘medium site’ definition of up to 49 homes in the government’s planning reform working paper could lead to lower-density designs in London, reducing housing delivery. The Home Builders Federation [*Mind the Gap*](https://www.hbf.co.uk/research-insight/mind-the-gap/) report shows just 30,000 homes were completed in the year to June 2025, with the capital unlikely to hit its 440,000 new homes by 2030 target. Tougher fire safety rules, high remediation costs and a complex London plan are cited as impediments. If a higher limit for medium-sized sites was applied in London, then the capital would benefit from simplified biodiversity net gain rules, exemption from the building safety levy and build-out transparency measures. Brokers [Hank Zarihs Associates](http://www.hankzarihs.com) said development finance lenders wanted to fund the building of more homes on small sites in the capital and that a lighter regulatory burden would help. **SMEs perfectly poised to transform small sites** APPG chair Sarah Edwards said: “Across the country, underused sites and empty shops blight our communities, yet SME housebuilders have the flexibility to transform these spaces where large developers won’t. “SMEs face disproportionate costs, stifling their contribution. We must support them to revitalise neglected areas and deliver the homes our communities so badly need.” Pocket Living’s report [*The Road to a Proportionate System*](https://www.pocketliving.com/bucket/pocket/documents/03%20SME%202025_Road%20to%20a%20Proportionate%20System%20Final_68c131baad89f.pdf) shows how SMEs’ average higher costs of £60,000 per home compared with larger developers could be cut overnight. The report’s action plan includes a section 106 template to cut legal costs, and negotiation burdens and brownfield passports to legalise predictable, low-risk intensification. Biodiversity net gain requirement to be simplified for small brownfield sites with a national development management policy of automatic approval for brownfield housing on less than 1.25 acres. Retirement housing schemes on small town-centre brownfield sites should have a ‘presumption in favour’ and cost exemptions to boost SME delivery and local economic vitality. Other points include reducing planning fees and capping planning performance agreements, gauging planning validation requirements to scheme size and relaxing lending rules to make it easier for homebuyers to borrow. LinkedIn Question: What pressure should the government exert on councils to use local development orders and design codes to make it easier for SMEs to build new homes? ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Development Finance Lenders --- ### [High-quality office space conversions could help solve the housing shortage](https://www.hankzarihs.com/high-quality-office-space-conversions-could-help-solve-the-housing-shortage/) **Published:** September 10, 2025 **Author:** Shiraz Khan **Content:** Imposing a design code for conversions of empty office space into housing would help ensure the new homes were fit to live and boost market confidence, the building industry has urged. Construction industry figures met housing, communities and local government under secretary Baroness Taylor to discuss attracting institutional investors into commercial space conversions. Regeneration and facilities management company [Equans ](https://www.equans.co.uk/equans-uk-and-ireland)is proposing government grants for commercial asset conversions in a similar way to those offered to registered social landlords to deliver affordable housing. Equans development director David Mellor said: “The government has been clear in its aim to significantly increase the UK’s affordable housing stock. We believe that working in partnership and thinking innovatively are key to achieving these ambitious targets.” He said this would help the government make the best use of its £39bn funding to build 300,000 affordable homes a year, with 60 per cent at social rent levels. National Federation of Builders, [NFB](https://builders.org.uk/nfb-and-equans-urge-government-to-prioritise-high-quality-asset-conversions/), chair Mark Wakeford said: “The opportunity to support these objectives, particularly achieving well-designed and built social housing, is one our members are very well positioned to do.” Brokers [Hank Zarihs Associates](http://www.hankzarihs.com)said development finance lenders backed the move as it would increase the supply chain for housebuilders and in turn benefit SMEs. **Office conversions’ dark past** Commercial conversions have proved controversial over the last four years when a wider range of properties, including shops, became eligible to turn into homes without planning permission. Housing charities and local authorities complained that the new homes were too small, dark, poorly ventilated and in unsuitable locations such as industrial estates and business parks. Earlier this month local authorities, housing associations and charities signed an open letter to the government urging for office to residential conversions to be scrapped. They were unsuccessful in gaining an amendment to the planning and infrastructure bill to remove permitted development rights for offices. A survey conducted by the Local Government Association found that since permitted development rights were allowed in 2013, about 110,000 new homes were converted from offices. However, councils were unable to enforce affordable housing contributions, leading to a loss of 28,000 affordable homes. ***LinkedIn Question:** What changes need to be made to make it easier for high quality homes from office conversions to happen?* ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Blog, Development Finance Lenders --- ### [Water companies pressurised to clean up their act so 1.5m new homes can happen](https://www.hankzarihs.com/water-companies-pressurised-to-clean-up-their-act-so-1-5m-new-homes-can-happen/) **Published:** September 3, 2025 **Author:** Shiraz Khan **Content:** Water companies must be held to account on sewage provision if the Government’s target of 1.5m new homes by 2029 is to be realised. Up to 30,000 new homes have been delayed due to concerns over inadequate wastewater infrastructure, according to the [*Drain on the Nation*](https://www.hbf.co.uk/documents/14867/A_Drain_on_the_Nation_-_report.pdf) report by the Home Builders Federation, HBF. HBF executive director David O’Leary said: “With each passing month, the government’s ambitious housing supply targets are slipping further out of reach as public bodies and utility companies impose new barriers to delivery.” About half of the 30,000 delayed homes are served by Anglian Water where just two out of 54 local planning authorities have reported sufficient water recycling capacity for new homes. A further 7,000 new homes are being stalled in areas covered by Thames Water. “Water companies are legally responsible for ensuring network capacity and have received £2.3 billion from developers over the past five years to do so,” said Mr O’Leary. He said £1.72bn of the £2.3bn figure had gone to funding assets such as sewers and pumping stations. Thames Water and Anglian Water received £440m and £330m, respectively, in combined assets over the last five years, despite offering insufficient water recycling centres for new homes. *Drain on the Nation* shows a 52 per cent increase in average wastewater charges over the last seven years, exacerbated by Of wat’s price review in March 2024. The study has reported a growing number of councils refusing to grant permissions or discharge planning conditions due to uncertainty over sewerage provision. This is despite the national planning policy frame work, which requires collaboration to ensure wastewater infrastructure can support development. Local planning authorities are expected to work with water companies and other bodies on drainage and wastewater management plans. **Government intervention needed to ensure homes get built** Mr O’Leary said: “The government must reassert the statutory role of water companies, clarify how national policy should be applied, and ensure infrastructure investment reflects housing supply.” Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance lenders wanted local planning authorities to consider wastewater capacity when drafting their local plan. This would enable them to resolve any doubts about capacity before the local plan is adopted. The HBF study cited Oxford as an example where 18,000 new homes were allowed following government intervention. This led to the Environment Agency withdrawing demands for planning conditions to be tied to wastewater capacity. The National Federation of Builders, [NFB](https://builders.org.uk/news/), policy and market insight head Rico Wojtulewicz said: “We need the Government to enact emergency planning reforms which deliver wastewater capacity upgrades, new reservoirs and upgraded treatment plants. These are the only real solutions to the quagmire that decades of underinvestment have caused.” A ministry of housing spokesperson said the government had invested a record £104bn in England and Wales water and sewage infrastructure from 2025 to 2030. “We are clear that development should not be blocked if the right water infrastructure is in place, which is why we expect councils and water companies to work together on this issue so we can turn the tide on the housing crisis we have inherited,” he said. ***LinkedIn Question:** Should the government insist that water companies make provision for the 1.5m new homes targets in their water management and sewage plans, and ask local planning authorities to flag up any problems before adopting their local plans?* ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Auctions, Blog, Development Finance Lenders --- ### [Garden village on Essex golf site moves step closer to happening](https://www.hankzarihs.com/garden-village-on-essex-golf-site-moves-step-closer-to-happening/) **Published:** August 27, 2025 **Author:** Shiraz Khan **Content:** Master developer Lands Improvement has acquired Dunton Hills golf centre and is set to put enabling infrastructure on the 551-site to pave the way for a garden village of up to 3,700 homes. The £480m village would include a market square, new primary and secondary schools, a community building, healthcare provision, a pub and take a ways. There would also be a cricket ground and football pitch plus a children’s nursery and crèche alongside an employment hub. Lands Improvement managing director James Stone said: “We look forward to securing consents and delivering the substantial and wide-ranging infrastructure required to support this new community, from green spaces and roads to key community facilities and fostering the community management trust that will eventually take on the stewardship of the garden village for generations to come”. The site lies between the low-lying, open Fenlands in the south and west, and the wooded Brentwood Hills at Thorndon to the north and Langdon Hills to the east. The village would be just 15-minutes walk from West Horndon train station and a half-hour ride to London’s Fenchurch Street station. It would also be well-connected to Stratford, Barking, Basildon and Southend-On-Sea stations. Lands Improvement said it would sell serviced land to housebuilders and developers in five phases over a 12-year period. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance lenders would be eager to lend to housebuilders who had successfully bought parcels of land on the scheme. Brentwood Borough Council approved outlining planning permission for the scheme, which could eventually grow to 4,000 homes, back in November 2023. Residents at nearby West Horndon have raised concerns about the development, highlighting that 2,000 homes are also set to be built near the station there. Both plans would amount to over half of Brentwood’s housing allocation up to 2033, totalling 7,752 new homes in the West Horndon area. **New village aims to enhance site’s blue infrastructure** Lands Improvement acquired the freehold to the site from Commercial Estates Group with an option agreement for a further 6.47 acres. Property consultants Whirledge & Nott acted as sale-side agents in the deal. The [masterplan](https://brentwood.moderngov.co.uk/documents/s18277/Appendix%20A%20-%20Dunton%20Hills%20Garden%20Village%20Framework%20Masterplan%20-%20Part%201.pdf) for the village states it will enhance the natural assets of the site which include an ancient woodland, spring, wetlands and hedgerows. A sustainable drainage system of attenuation basins, new ponds, swales, rain gardens, culverts and storm water pipes to move water along slopes will be used. The golf course lawns will be replaced by fenland meadow within the floodplain of the East lands Spring, with existing ponds being retained and enhanced through planting to promote biodiversity. Aseries of new ponds within the meadows would allow for the relocation of great crested newts and promote a wetland habitat for migrating birds. ***LinkedIn Question: How relevant are garden cities, given the need to redevelop brownfield land and increase housing density?*** ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Blog, Development Finance Lenders, Finance News --- ### [£122m to pave the way for 1,100 new homes onthe site of Newcastle’s former lead works](https://www.hankzarihs.com/122m-to-pave-the-way-for-1100-new-homes-onthe-site-of-newcastles-former-lead-works/) **Published:** August 19, 2025 **Author:** Shiraz Khan **Content:** A £122m cash injection to remediate derelict brownfield land, opening private sector investment for 1,100 new homes in Newcastle, has been announced by the [government](https://www.gov.uk/government/news/120-million-regeneration-boost-to-transform-newcastles-last-major-brownfield-site-into-new-neighbourhood-with-up-to-2500-homes). The money will fund groundworks and infrastructure to fix complex land issues at Quayside West,a 6.2-hectare site and home to the former Calder’s lead works, close to the city’s main station. Housing and planning minister Matthew Pennycook said: “We want to see previously used land prioritised wherever possible. “We are acting to make it easier to build homes on abandoned, disused and neglected urban brownfield sites across the country – boosting housing supply, regenerating communities, and delivering economic growth. Northeast mayorKim McGuinness said: “This derelict land is in a great location on the banks of the Tyne yet has stood mostly unused for 20 years, which is a huge waste of potential. “We’ve secured funding so we can get the last brownfield site in Newcastle city centre ready to start building the homes that local people need. “This won’t be a vast estate, where people can’t access the services they need, but a thriving community with great transport links, green spaces and shops.” The £122m will herald a new development platform and appointment of a private sector delivery partner, with the procurement process to start in the next few months. National Federation of Builders, [NFB](https://builders.org.uk/news/), policy and market insight head Rico Wojtulewicz said he hoped SMEs would get the chance to be involved with the preparation and delivery of the site. “We understand the temptation to give contracts to national tier one contractors, but local contractors or builders not only have the skills for these works but because they employ locally, give local people the experience to upskill or set up their own local construction companies.” Brokers [Hank Zarihs Associates](https://www.hankzarihs.com) said development finance lenders would be happy to lend to SMEs who win contracts for the site due to its location and backing by key authorities. **Thousands of new jobs will be created** Quayside West is one of the largest parcels of land at Forth Yards, and is targeted to become a new, sustainable mixed-use neighbourhood. Homes England bought the site in 2024, entering a strategic place partnership with Newcastle city council and the Northeast combined authority. Leader of Newcastle City Council, Cllr Karen Kilgour, said: “Forth Yards is arguably Newcastle’s most exciting development site that, in time, will provide thousands of new homes and create hundreds of jobs.” Newby developers did gain planning permission from the council to build 1,000 homes there back in 2020 but abandoned the project when they went into administration a few years later. The city council hopes that in 15 years’ time, there will be a whole new part of the city to the west, adding significantly to Newcastle’s economy. Its [development framework](https://www.newcastle.gov.uk/sites/default/files/2020-01/Forth%20Yards%20Development%20Framework.pdf) for Forth Yards -21 hectares of land hugging the river Tyne – includes: Forth Goods Yard, Pottery Lane East, Pottery Lane West, Quayside West, Newcastle Utilita Arena and Newcastle Heliport. In March, the government announced that Forth Goods Yard, a 2.57-hectare parcel of land on Forth Yards, would become a future site for 5,000 new homes. The houses would be built under Platform4, a new Network Rail property company, which the government hopes will unlock sites for 40,000 new homes over the next decade. LinkedIn Question: In what ways could the Quayside West project serve as a model for unlocking challenging brownfield sites for future development? ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Blog, Development Finance Lenders --- ### [£100m to plug skills gap and cut reliance on overseas construction workers](https://www.hankzarihs.com/100m-to-plug-skills-gap-and-cut-reliance-on-overseas-construction-workers/) **Published:** August 13, 2025 **Author:** Shiraz Khan **Content:** More than 40,000 future builders, bricklayers, electricians, carpenters and plumbers are to be [trained](https://www.gov.uk/government/news/40000-people-to-get-skills-in-new-technical-excellence-colleges) across the country by 2029 in a bid to foster homegrown talent. The government hopes the £100m investment in ten colleges across England will reduce reliance on overseas tradespeople at a time when nearly one million young people are out of work. Education secretary Bridget Phillipson said: “We need skilled workers to deliver the homes, schools and hospitals that communities across the country are crying out for. “Construction technical excellence colleges will enable us to invest in people and give them the skills they need to break down barriers to opportunity in an industry which is essential to delivering growth through our plan for change.” Exeter College is one of the ten educational organizations picked to offer the training. Principal John Laramy, who began his career in construction, said it was a privilege to be selected. “We look forward to working with our college, stakeholder and employer partners across the region to turbo charge construction training,” he said. Other places selected to be construction technical excellence establishments: Derby College Group, West Suffolk College, New City College in Greater London, City of Sunderland College, Wigan and Leigh College, North Kent College, Bedford College, Dudley College of Technology and Leeds College of Building. They will operate on a ‘hub and spoke’ model, working with local training providers and employers to boost training standards and share expertise. **Colleges aim to get students ready for work** Fewer than half of further education learners who get a qualification go on to work in a relevant industry. The government hopes investment in these colleges will help to ensure students are ready for work when they complete their qualifications. The building industry has stressed the importance of government departments and the Construction Industry Training Board, CITB, collaborating to ensure employer demand-led skill strategies. National Federation of Builders, [NFB](https://builders.org.uk/news/), policy and market insight head Rico Wojtulewicz said: “Specialist colleges will not only train the tradespeople of tomorrow but serve as a reminder that university is not the only or best route into further education, learning or an amazing career.” The NFB is pleased that the government has pledged more money for apprenticeships and recognized that SMEs train eight out of ten construction apprentices. Government statistics show the percentage of firms funding or offering training has fallen from 57 per cent in 2011 to 49 per cent in 2024. “We will know if this strategy is beginning to work in 12 months when new projects begin and we find out whether SMEs are winning enough of a work pipeline to enable sufficient apprentices to be trained and ultimately retained,” said Mr Wojtulewicz. Brokers [Hank Zarihs Associates](http://www.hankzarihs.com) said development finance lenders wanted to see a more efficient and quicker planning process as this would be key to giving SMEs the confidence to take on apprentices. The £100m for technical excellence colleges builds on the £625m, announced in March, to train up to 60,000 more skilled construction workers by 2029. This will pay for new foundation apprenticeships, skills bootcamps and industry placements for school leavers. The National Homebuilding Council said the investment boosted the £100m they were ploughing into a national training programme funding 12 new multi-skill training hubs across the UK. The hubs offer immersive on-site learning for apprentices on key trades including bricklaying, groundworks and site carpentry. The CITB has estimated that 61,000 new workers a year are needed if the government is to hit it star get of 1.5m new homes by 2029. ***LinkedIn Question:** How optimistic are you that we can train enough young people so that it will no longer be necessary to recruit from abroad?* ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Development Finance Lenders --- ### [On the right track – 40,000 new homes to be built on disused railway land](https://www.hankzarihs.com/on-the-right-track-40000-new-homes-to-be-built-on-disused-railway-land/) **Published:** July 30, 2025 **Author:** Shiraz Khan **Content:** Transport secretary Heidi Alexanderhas announced plans to unlock swathes of surplus railway land across England for a £1bn development of [40,000 new homes](https://www.gov.uk/government/news/first-time-buyers-to-benefit-from-40000-new-homes-on-brownfield-railway-land) over the next decade. In the short term, 15,000 homes are expected to be built by 2030in Manchester, Newcastle, Nottingham and Cambridge. Ms Alexander said: “Our railways are more than just connections between places – they create economic opportunity and drive regeneration. “It’s exciting to picture the thousands of families who will live in these future homes, the vibrant neighbourhoods springing up and the new businesses that will launch thanks to these developments.” The government has set up a development company, Platform4, mergingLondon and Continental Railways Ltd and Network Rail’s property team, who manage different aspects of surplus land. It hopes Platform4 will eliminate duplication and inefficiencies and strategically dispose of land attracting£227m in private investment and sparking community led regeneration. The move could potentially benefit SME developers and housebuilders if Platform4 supports them offering procurement contracts. National Federation of Builders, [NFB](https://builders.org.uk/news/), policy and market insight head Rico Wojtulewicz said: “The Government will be the client on many of these sites, and so ensuring the procurement process supports SMEs needs to be a primary focus. However, where sites are sold off to developers, land arrangement will be key to making sites viable and immediately deliverable.” Four sites are earmarked for development: Newcastle Forth Goods Yards, Manchester Mayfield, Cambridge and Nottingham, where over 2,700 new homes will be built. Newcastle Forth Goods Yard has space for up to 600 new homes with Manchester Mayfield offering the opportunity of 1,500 homes. A mixed-use development of 425 homes is planned for Cambridge, with 200 new homes for Nottingham. **Platform4 could act as planning reform catalyst** Mr Wojtulewicz said the government would need to support Platform4 by offering independentplanning powers or secretary of state intervention to get projects over the line. Brokers [Hank Zarihs Associates](https://www.hankzarihs.com/) said development finance lenders were hopeful that this could help shape wider reforms to speed up the planning system. Deputy prime minister Angela Rayner said: “We’re setting out how we’ll get more homes built across surplus railway network sites in line with our brownfield-first approach and our plan for change target of delivering 1.5 million homes.” National House Building Council [statistics](C://Users/Barbara/AppData/Local/Microsoft/Windows/INetCache/Content.Outlook/9MY50BDW/NHBC%20new%20home%20statistics%20review%20Q2%202025.pdf) released this week show a four per cent year-on-year rise of 30,405 new homes registered in Q2 2025. There was a six per cent increase in private sector homes registered, 20,924, compared with Q2 2024. The affordable sector also saw a one per cent increase with 9,481 new homes registered. Six out of 12 regions saw quarter-on-quarter rises in registrations with a 96 per cent increase in Yorkshire and Humberside, a 75 per cent rise in the Southwest and a 44 per cent increase. However, London and the Southeast saw significant decreases of 59 per cent, 904 homes registered, and 15 per cent,3,988,for Q2 2025.The capital has been affected by the new building safety regime for high rises and depressed housing association activity. NHBC chief executive Steve Wood said: “While some areas of the market remain subdued, we remain optimistic about the longer-term as planning and land restraints are increasingly unblocked, mortgage rates ease and the Government sustains a focus on new home delivery.” Completions for the second quarter of 2025 saw a decrease of 5 per cent with 32,434 homes completed compared with 34,017 in Q2 2024. Planning applications for new homes in England increased by nearly a third in Q2 2025 compared to Q2 2024, revealed figures from the Planning Portal Application [Index](https://www.terraquest.co.uk/news-and-insights/q2-planning-application-index-2025). The report shows 69,597 new homes were applied for during Q2, up from 52,282 in Q2 2024. ***Linkedin Question:** What needs to happen for London to increase its housing supply?* ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Development Finance Lenders --- ### [Builders back Government’s ‘national interest’ pledge on new towns](https://www.hankzarihs.com/builders-back-governments-national-interest-pledge-on-new-towns/) **Published:** July 23, 2025 **Author:** Shiraz Khan **Content:** Housing minister Matthew Pennycook’s pledge to stand up to potential NIMBY resistance to new towns if the development was in the ‘national interest’ has won house builders support. Mr Pennycook said if the new town task force recommended a scheme should go ahead based on national economic growth and addressing housing need, then this would override local opposition. “We have been very clear on the point that, ultimately, although we want as much local buy-in as possible, if appropriate sites meet those objectives, we will take them forward in the national interest,” he told the built environment committee earlier this month. The National Federation of Builders, [NFB](https://builders.org.uk/news/), said this type of certainty would benefit land arrangers and SME developers who would find it easier to raise finance for projects. NFB policy and market insight head Rico Wojtulewicz said: “It’s refreshing to have a government putting national interest before party politics and self-interest, so that decisions align with the needs of local people, regional strategy, and national ambition because this is very difficult for individual councils. “New towns need this conviction and ambition because land use can be politically toxic and they won’t just be about building new homes but new roads, rail connections, schools, surgeries, town centres, retail areas and much more.” The Homebuilders Federation agreed that such backing was a positive development and would help the government reach its 1.5m new homes by the end of the current parliament, 2029. Brokers **[Hank Zarihs Associates](https://www.hankzarihs.com/)** said development finance lenders supported the emphasis on ‘national interest’ over local resistance as planning delays were a major hurdle for smaller builders. **Locations of new towns to be announced in the next few weeks** It’s believed ten areas will be designated for the first phase of new towns in the taskforce report expected later this summer. More than 100 suggested sites for development of up to 10,000 homes have been received by the taskforce as part of a call for evidence. Mr Pennycook said: “The next generation of new towns…must be well connected, well designed, sustainable and attractive places where people want to live, and they must have all of the right infrastructure, amenities and services that are necessary to sustain thriving communities.” Development corporations are expected to oversee the new towns beyond the current parliament and would be accountable to the government and appropriate metro mayors or local authorities. A ministry of housing, communities and local government spokesperson said: “The government was elected to build the next generation of new towns and as set out in the manifesto, will work in close partnership with local leaders and people to make sure they are high quality, affordable and built with excellent infrastructure that communities will need. “Local people will be given a say on how they are built, but as the housing minister has set out, if sites meet objectives to meet housing demand and improves economic growth they will be taken forward in the national interest.” **LinkedIn Question:** *How confident are you that the government will stand firm in the face of potential local opposition to new towns?* ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Blog, Development Finance Lenders, News --- ### [SME house builders hope tricky sites could be unlocked with new state bank](https://www.hankzarihs.com/sme-house-builders-hope-tricky-sites-could-be-unlocked-with-new-state-bank/) **Published:** June 18, 2025 **Author:** Shiraz Khan **Content:** Smaller builders are optimistic Homes England’s new national [housing bank](https://builders.org.uk/news/) will give them a bigger slice of the development action. The new bank will issue government guarantees directly for loans to develop land which should help smaller builders with upfront infrastructure costs. National Federation of Builders, [NFB](https://builders.org.uk/news/), policy and market insight head Rico Wojtulewicz said: “For example, water companies often levy charges to fund upgrades to their network and treatment facilities for new housing.” The loan guarantees could help withex-industrial sites where gaining planning approval can be complex and result in delays forcing the developer to refinancecontinually. The new bank will have £22bn lending capacity which the government hopes could leverage £53bn in additional private investmentto deliver 500,000 new homes. The announcement of the new bank coincided with £5bnin infrastructure investment for essential utilities and community services, such as schools. Chancellor Rachel Reeves said: “It will support SME lending by establishing additional lending alliances with private sector partners and leverage in additional capital and expertise, including providing revolving credit facilities to help SMEs to grow and build out their housing pipeline more quickly.” Developer Pocket Living said the new bank coupled with £39bn pledged for affordable housingover the next decade would be a huge boost to delivery. Pocket Living chief executive Paul Rickard said: “We welcome the recognition of the importance of SME developers with one of the bank’s focuses being new funding options for SMEs and the freedom for the public and private sector to innovate together to deliver more homes.” Brokers [Hank Zarihs Associates](/) said development finance lenders would be keen to work with the public sector over innovative finance options for housebuilders across all project stages. This could include flexible finance forpurchasing land, covering construction costs, or bridging sales delays. **Regeneration and housing to take centre stage** Homes England chair Pat Ritchie said: “The national housing bank responds to calls from the housing sector, mayors and local leaders to increase the scale of available public and private finance for housing and regeneration, provide a broader range of flexible debt, equity and guarantee products, and enable more timely decision making.” The government is to work with London’s mayor Sadiq Khan to establish a city hall developer investment fund. This would support housing regeneration around London in areas such as Euston, to help build 80,000 homes per year. In greater Manchester, the housing investment loan fund is to be extended to deliver thousands of new homes over the next decade. The Royal Institution of Chartered Surveyors, RICS, chief executive Justin Youngdescribed the national housing bank as a ‘promising innovation’ to propel investment in housebuilding. “The industry, and especially SMEs, need all the support they can get for the country to build. Confidence is key if the government is to meet its 1.5 million home target and new streams of investment and support should invigorate new and existing projects.” Deputy prime minister and housing secretary Angela Rayner said the government’s foot was“firmly on the accelerator” when it came to delivering safe and secure homes. Later this week chancellor Rachel Reeves is due to unveil a£275bn ten-year infrastructure plan which will include a record £7.9bn flood defence programme. **LinkedIn Question:** *Will government-backed low-interest rate loans tempt more smaller builders into housebuilding?* ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Development Finance Lenders, News --- ### [Housebuilders fight proposed ‘catastrophic’ landfill tax changes](https://www.hankzarihs.com/housebuilders-fight-proposed-catastrophic-landfill-tax-changes/) **Published:** July 16, 2025 **Author:** Shiraz Khan **Content:** Housebuilders are challenging proposals to scrap the lower rate of landfill tax, which they claim would amount to a 30-fold increase in the cost of disposing of topsoil. Industry figures have described the Treasury’s [consultation](https://www.gov.uk/government/consultations/consultation-on-reform-of-landfill-tax) on plans to ditch the lower rate of £4.05 a tonne for less polluting materials such as topsoil as ‘catastrophic’. They argue the changes would hamper the government’s target of building 1.5m homes by the end of this parliament, 2029. Homebuilders Federation executive director David O’Learysaid the viability of new housing delivery had been affected by a swathe of new development and additional policy costs by government. “The proposed 3000 per cent increase in landfill tax would threaten the viability of even more projects, leading to fewer affordable homes and reducing supply overall. “We are urging the Government to think again about this tax that would make its ambitious housing target even more difficult to achieve.” ### Increase in SMEs exiting housebuilding if new tax regime goes ahead Brokers [Hank Zarihs Associates](/) said development finance lenders were concerned that if the new single standard rate was adopted, SME housebuilders would leave the sector. A treasury spokesperson said: “The consultation on landfill tax reform is still open, no decisions have been made. We are committed to working with businesses to understand the impacts of the proposals.” The treasury embarked on a consultation to reform landfill tax as the current two-rate design had resulted in misdescription of waste leading to significant non-compliance. The treasury consultation started on the 28thof April and closes on the 21st of July with publication cleared by Number 10 Downing Street. Key changes include a single standard rate by 2030 with the removal of qualifying fines regime and quarry infill exemptions by April 2027. Landfill tax was introduced in 1996 to encourage companies to reduce waste and promote recyclingwith levies increasing in April. The standard rateis now £126.15 a tonne with a lower tariff of £4.05 with certain sectors exempt or benefiting from discounts.Some 6.9 million tonnes were levied at the lower rate and 7.5 million tonnes were deemed exempt. It’s estimated that if all the lower rate landfill tax was raised to the standard levy, then this would add £840m to the amount the treasury collects. LinkedIn Question: What alternatives are there for disposing of topsoil on a building when building a housing project? ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Development Finance Lenders, News --- ### [SME house builders call for medium-sized site definition to exclude ‘area’ thresholds](https://www.hankzarihs.com/sme-house-builders-call-for-medium-sized-site-definition-to-exclude-area-thresholds/) **Published:** July 9, 2025 **Author:** Shiraz Khan **Content:** Smaller builders are calling for the government to remove the one-hectare threshold for theproposed medium-sized plot definition of ten to 49 homes. Deputy prime minister Angela Rayner announced the new medium sized [definition](/smaller-housebuilders-to-benefit-from-new-mediumsite-definition/) in a planning reform working paper released at the end of May in a move to support smaller housebuilders. However, the inclusion of a one-hectare area limit is problematic for SMEs who typically operatein less densely populated areas than London, the southeast and big cities such as Manchester. ProBuild 360 Ltd construction manager Michael Parinchysaid: “For SMEs, the commercial viability of a development is calculated using plot numbers, so to use other thresholds and measurements would be a misunderstanding of how things work at this scale and counterproductive to the real-world activation of the SME housebuilding sector.” The National Federation of Builders [*Size Still Matters*](C://Users/Barbara/AppData/Local/Microsoft/Windows/INetCache/Content.Outlook/9MY50BDW/Size%20Still%20Matters%20(1)-compressed.pdf)report illustrates that smaller housebuilders are typically based in less urban areas and are more likely to build houses than flats. An analysis of 132 local planning authorities shows less densely populated areas would struggle to build as many as 49 homes on one hectare of land without building more flats. The managing director of Suffolk-based Gipping Construction Andy Laflin said his firm had a strong history of delivering social homes. Two of its most recent projects were 38 and 34 dwellings per hectare. “This is common in our county of Suffolk, which is more than twice the size of Greater London.This means understanding that a blanket one-hectare limit doesn’t work in practice.” Carr and Carr Builders managing director and Federation of Master Builders president Chris Carr agreed. “It is about what you build and why,” he said. “We may be building bungalows for ageing populations, which take up a larger plot footprint. Or steered by planning on open space.” **Development sites increasingly need more non-housing land** The sector also points out that the introduction of bio-diversity net gain and sustainable drainage has seen a steady increase in extra land development sites must set aside. It adds an area threshold restricts local planning authorities’ ability to shape places through appropriate densities. Many local authorities require varied provisions of on-site open space. For example, Coventry city council mandates a minimum of 0.1 hectare of open space for sites of more than ten homes on a one-hectare site. Cambridge, Birmingham, Colchester, Bath and NE Somerset councils require cycle tracks and walkways on new developments. Lindum Homesdirector Mark Foster said that outside major cities SME projects delivered infrastructure on site that doesn’t currently exist locally enabling more homes to be built. “Sites up to 49 homes and two to two and a half hectares are typical for us, most SMEs, councils and housing associations. If we want to make these projects and businesses more viable, we must not add an upper area limit to site sizes.” Deeley Groupjoint managing director Eleanor Deeley agrees. She said: “As an SME we want to deliver as many great homes as possible but if streamlined planning was limited to one hectare it would stop us growing in the way we had hoped and act as an artificial cap on housing numbers delivered by SMEs.” Brokers [Hank Zarihs Associates](/) said development finance lenders wanted the one-hectarearea threshold removed as it restricted the type of project delivered on medium sized sites. LinkedIn Question: Would the removal of a one-hectare area limit for medium-sized sites lead to poor use of land? ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Advice, Blog, News --- ### [SME Support £39bn to build affordable homes at scale](https://www.hankzarihs.com/sme-support-39bn-to-build-affordable-homes-at-scale/) **Published:** July 2, 2025 **Author:** Shiraz Khan **Content:** Plans for 300,000 new social and affordable homes over the next decade will generate a pipeline of work for SME housebuilders and contractors, claims the industry. Deputy prime minister Angela Rayner has said 60 per cent of the £39bnpledged for affordable housing should be spent on building 180,000 new homes where [rent is linked to local income](https://www.gov.uk/government/news/hundreds-of-thousands-to-get-secure-roof-over-their-heads). “With investment and reform, this government is delivering the biggest boost to social and affordable housing in a generation, unleashing a social rent revolution, and embarking on a decade of renewal for social and affordable housing in this country,” said Ms Rayner. She said the planned 180,000 social rent homes would be a sixfold increase in the number built in the decade up to 2024. The government has set out how it will execute its plan in [*Delivering a Decade of Renewal for Social and Affordable Housing*](https://www.gov.uk/government/publications/delivering-a-decade-of-renewal-for-social-and-affordable-housing/delivering-a-decade-of-renewal-for-social-and-affordable-housing)published this week. The housebuilding industry hopes the changes will mean developers’ affordable homes quotas under section 106 agreements with local councils will be shelved. Since the building safety act in April 2022, many housing associations and councils have stepped away from new developments concentrating on dealing with legacy building and safety issues. This has meant developers have struggled to sell their affordable housing quota to registered providers. National Federation of Builders, [NFB](https://builders.org.uk/news/), policy and market head Rico Wojtulewiczsaid:“If we want to solve the housing crisis, we must rid ourselves of this awful policy which has weakened the UK housebuilding industry by restricting supply, making projects unprofitable, embedding legal challenge.” Brokers [Hank Zarihs Associates](/) said development finance lenders supported the £39bn investment as it would help registered providers re-engage with stalled developments and stimulate the market. **Councils keen to return to building more new homes** Local authorities such as the London Borough of Southwark are among a coalition of 112 councils, responsible for nearly 1.3mcouncil homes,that support the changes. Southwark council leader Cllr Kieron Williams said: “This really is a sea change. After years of governments slashing funding for affordable homes and selling off council homes for a song, we can finally start to turn our national housing crisis around. “We look forward to working with the government to deliver the new and upgraded council homes that our communities need.” Since July 2013 Southwark council has built, or is on-site constructing, more than 3,000 council homes. Homes England will be responsible for distributingmost of the funding with £11.7bn to support housing delivery in London. The NFB hopes that once the public sector takes on responsibility for delivering more social housing this will act as a catalyst for reforming the planning system. The government will work with housing associations and councils to agree on a joint overall target on how many social and affordable homes can be delivered. A 10-year settlement for social housing rents will be introduced from April 2026 to givecouncils and housing associations certainty to reinvest in existing and new housing stock. Decent homes standards will be modernised and extended to the private rental market with minimum energy efficiency standards implemented for the first time in social housing. Right to buy will be reformed to protect housing stock and enable councils to increase new housing delivery. ***LinkedIn Question:** How optimistic are you that building more social housing will act as a catalyst for economic growth?* ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Development Finance Lenders, News --- ### [Bricklaying robot could help UK hit 1.5m new homes by 2029](https://www.hankzarihs.com/bricklaying-robot-could-help-uk-hit-1-5m-new-homes-by-2029/) **Published:** June 25, 2025 **Author:** Shiraz Khan **Content:** Robots capable of laying bricks five times faster than a skilled human could help the UK reach the ambitious target of building 1.5m new homes by 2029. Start-up developer [JT Lifestyle Homes](https://jtlh.co.uk/news/meet-robot-wltr-the-future-of-homebuilding-is-here/) has used WLTR computerised brick-laying machines to help build 27 new homes in Durham as well as warehouses, offices and retail units. JT Lifestyle Homesfounder Dr Jan Telensky said: “As well as building faster, intelligent monitoring means the robot’s bricks are laid with ultimate precision, which will enhance the overall build quality. “It has the potential to ease the burden and also create new, highlyskilled jobs for operators who will still be needed to oversee projects.” The robot, nicknamed ‘Walter’, can lay up to 200 square metres of masonry per day outstripping human output.It can construct walls of up to 3.25m in all weather conditions and without the need for scaffolding using DryFix adhesive foam instead of traditional mortar. Producers [GreenBuild](https://www.green.build/) plans for future robots to be capable of building walls up to five metres – the height of a two-storey house. Brokers [Hank Zarihs Associates](/) said development finance lenders were keen for technology, such as bricklaying robots, to be harnessed to speed up the delivery of new homes. **Robots could help plug skills shortage gap** The Construction Industry Training Board has estimated the UK needs an average of 50,300 extra per year to plug the skills gap caused by an aging workforce and difficulties attracting new talent. The National Housebuilding Council has said 33,000 more bricklayers are needed to build 300,000 new homes annually. The shortage is exacerbated by an aging workforce and a decline in young people entering the trade. “There are simply not enough bricklayers entering the trade to keep up with demand for affordable homes, so we must find new solutions,” said Dr Telensky. In March chancellor Rachel Reeves announced £600m investment to help train 60,000 skilled personnel by 2029. The WLTR robot was developed by KM Robotics and Wienerberger in collaboration with experts from the Czech Technical University and the Technology Agency of the Czech Republic. It was first tested on a construction site near Prague in July and October 2020. Wienerberger developed the specification, designed patented robot-ready bricksand created the business model for the machine. KM Robotics handled the engineering, focusing on hardware and software integration, user interfaces, mechanical design, prototype production and test environments. Construction Robotics, New York, wasthe first company to develop a bricklaying robot called SAM costing £330,000. It didn’t replace human bricklayers but helped with laying long courses or using larger bricks reducing physical strain, especially in commercial construction. LinkedIn Question: Is it worth training to be a bricklayer or joiner when in a few years’ time robots could do the job? ![author avatar](https://secure.gravatar.com/avatar/2b95b09c0a6ccb333cd56a93a8aa838b7202a6f57fab508ba1564e5ceade7201?s=300&d=mm&r=g) Shiraz Khan Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. [See Full Bio](https://www.hankzarihs.com/author/hza2025n/) [ ](https://www.hankzarihs.com/author/hza2025n/) **Categories:** Blog, Development Finance Lenders, News --- ## Pages ### [Hank Zarihs Associates](https://www.hankzarihs.com/) **Published:** July 7, 2025 **Author:** Shiraz Khan **Content:** - Experienced - Knowledgeable - Passionate # Providing Funding Solutions for Success Hank Zarihs Associates excel in securing tailored funding solutions by aligning projects with the right lenders through expert due diligence. - [ Auction & Bridging Loan Calculators ](/bridging-finance-calculator/) - [ Auction Finance ](/auction-finance/) - [ Bridging Loans ](/bridging-loan-broker/) - [ Development Finance ](/development-finance/) - [ Buy-to-Let Finance ](/buy-to-let-mortgages-for-non-uk-residents/) - [ HMO Finance ](/hmo-mortgages/) - [ Others ](/our-services/) [](/auction-finance/) Auction Finance [](/bridging-loan-broker/) Bridging Loans [](/development-finance/) Development Finance [](/buy-to-let-mortgages-for-non-uk-residents/) Buy-to-Let Finance [](/hmo-mortgages/) HMO Finance [](/our-services/) Others £1 Billion+ Deals Secured Deals Secured £1 Billion+ - Fast Funding Approvals - Expert Advice - Tailored Solutions - Fast Funding Approvals - Expert Advice - Tailored Solutions ##### OUR RECENT Success Stories A major £50M mixed-use project with 14-story residential development 1 Funding secured for a significant multi-phase project 2 Finance facilitated for a high-density housing initiative 3 [£23M DEBT | £33M GDV | 112 UNITS | UXBRIDGE](https://www.hankzarihs.com/case_studies/23m-debt-33m-gdv-112-units-uxbridge/) [New Ground in retail financing](https://www.hankzarihs.com/case_studies/new-ground-in-retail-financing/) [When 95% of lenders said no, we found a way to make it happen](https://www.hankzarihs.com/case_studies/when-95-of-lenders-said-no-we-found-a-way-to-make-it-happen/) [Newbury Office to 109 Flats Conversion](https://www.hankzarihs.com/case_studies/office-in-newbury-converted-into-109-high-quality-flats-under-pd/) ##### TAILORED FUNDING SOLUTIONS ## Our Services Our core focus is offering fast solutions, financial products that deliver results, and the highest of service levels. If you would like to find out more please contact us to discuss your funding requirements. ## 01 ### Auction Finance - Fast Auction Funding - Immediate Bid Support - Secure Property Quickly [ Apply Now ](/auction-finance/) [ ](/auction-finance-calculator/) [ ](/auction-finance/) [ learn more ](/auction-finance/) ## Auction Finance ## 02 ### Bridging Finance - Fast Funding Solutions - Short-Term Loans - Flexible Repayment Terms [ Apply Now ](/bridging-loan-broker/) [ ](/bridging-loan-calculator/) [ ](/bridging-loan-broker/) [ learn more ](/bridging-loan-broker/) ## Bridging Finance ## 03 ### Development Finance - Fund property projects - Support construction growth - Boost development potential [ Apply Now ](/development-finance/) [ ](/development-finance-calculator/) [ ](/development-finance/) [ learn more ](/development-finance/) ## Development F.. ## 04 ### Buy-to-Let Finance - Invest in property - Rental income support - Landlord funding solutions [ Apply Now ](/buy-to-let-mortgages-for-non-uk-residents/) [ ](/buy-to-let-mortgage-calculator/) [ ](/buy-to-let-mortgages-for-non-uk-residents/) [ learn more ](/buy-to-let-mortgages-for-non-uk-residents/) ## Buy-to-Let Fin.. ## 05 ### Equity/JV Funding - Share investment risk - Partner for growth - Flexible funding partnership [ Apply Now ](/joint-venture-property-finance/) [ ](/joint-venture-property-finance/) [ learn more ](/joint-venture-property-finance/) ## Equity/JV Fund.. ## 06 ### 2nd Charge Finance - Unlock property equity - Flexible funding option - Quick secondary loan [ Apply Now ](/second-charge-bridging-loans/) [ ](/second-charge-bridging-loans/) [ learn more ](/second-charge-bridging-loans/) ## 2nd Charge Fin.. [ Explore All Services ](/our-services/) ##### OUR FINANCE SPECIALISTS ## Meet Our Team Our core focus is offering fast solutions, financial products that deliver results, and the highest of service levels. If you would like to find out more please contact us to discuss your funding requirements. ## Shiraz Khan [![linkden](https://www.hankzarihs.com/wp-content/uploads/2025/04/linkden.png)](https://www.instagram.com/hankzarihsassociates/) Managing Director - [ shiraz@hankzarihs.com ](mailto:shiraz@hankzarihs.com) - [ +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) - [ Explore Team ](/our-finance-specialists/) - [ Schedule Meeting Now ](/book-a-call-today/) ## Anthony Figurado [![linkden](https://www.hankzarihs.com/wp-content/uploads/2025/04/linkden.png)](#) Head of Bridging Finance - [ anthony@hankzarihs.com ](mailto:anthony@hankzarihs.com) - [ 07939 118282 ](tel:07939%20118282) ## Neil Glover [![linkden](https://www.hankzarihs.com/wp-content/uploads/2025/04/linkden.png)](#) Head of Sales - [ neil@hankzarihs.com ](mailto:neil@hankzarihs.com) - [ 07795 835407 ](tel:07795835407) ## Janelle Baffa [![linkden](https://www.hankzarihs.com/wp-content/uploads/2025/04/linkden.png)](#) Head of underwriting - [ janelle@hankzarihs.com ](mailto:janelle@hankzarihs.com) - [ 07306 079180 ](tel:07306079180) ## Ronak Mansuri [![linkden](https://www.hankzarihs.com/wp-content/uploads/2025/04/linkden.png)](#) Case Manager - [ ronak@hankzarihs.com ](mailto:ronak@hankzarihs.com%20) - [ 07587 758448 ](tel:07587758448) ## Jennah Khan [![linkden](https://www.hankzarihs.com/wp-content/uploads/2025/04/linkden.png)](#) Analyst - [ jennah@hankzarihs.com ](mailto:jennah@hankzarihs.com) - [ 07957 470952 ](tel:07957470952) ## Prince Yeboah[![linkden](https://www.hankzarihs.com/wp-content/uploads/2025/04/linkden.png)](#) Mortgage Broker - [ prince@hankzarihs.com ](mailto:prince@hankzarihs.com) - [ 07902 983052 ](tel:07902%20983052) ## Shiraz Khan [![linkden](https://www.hankzarihs.com/wp-content/uploads/2025/04/linkden.png)](#) Managing Director - [ shiraz@hankzarihs.com ](mailto:shiraz@hankzarihs.com) - [ +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) - [ Explore Team ](/our-finance-specialists/) - [ Schedule Meeting Now ](/book-a-call-today/) ## Anthony Figurado [![linkden](https://www.hankzarihs.com/wp-content/uploads/2025/04/linkden.png)](#) Head of Bridging Finance - [ anthony@hankzarihs.com ](mailto:anthony@hankzarihs.com) - [ 07939 118282 ](tel:07939%20118282) ## Neil Glover [![linkden](https://www.hankzarihs.com/wp-content/uploads/2025/04/linkden.png)](#) Head of Sales - [ neil@hankzarihs.com ](mailto:neil@hankzarihs.com) - [ 07795 835407 ](tel:07795835407) ## Janelle Baffa [![linkden](https://www.hankzarihs.com/wp-content/uploads/2025/04/linkden.png)](#) Head of underwriting - [ janelle@hankzarihs.com ](mailto:janelle@hankzarihs.com) - [ 07306 079180 ](tel:07306079180) ## Ronak Mansuri [![linkden](https://www.hankzarihs.com/wp-content/uploads/2025/04/linkden.png)](#) Case Manager - [ ronak@hankzarihs.com ](mailto:ronak@hankzarihs.com%20) - [ 07587 758448 ](tel:07587758448) ## Jennah Khan [![linkden](https://www.hankzarihs.com/wp-content/uploads/2025/04/linkden.png)](#) Analyst - [ jennah@hankzarihs.com ](mailto:jennah@hankzarihs.com) - [ 07957 470952 ](tel:07957470952) ## Prince Yeboah[![linkden](https://www.hankzarihs.com/wp-content/uploads/2025/04/linkden.png)](#) Mortgage Broker - [ prince@hankzarihs.com ](mailto:prince@hankzarihs.com) - [ 07902 983052 ](tel:07902%20983052) ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/band.png "band - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") Schedule Meeting or Consult Us Now Would you like to discuss what other options are available to explore ? FULL NAME Email Address Schedule a Meeting Now ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/band.png "band - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") Schedule Meeting or Consult Us Now Would you like to discuss what other options are available to explore ? FULL NAME Email Address Schedule a Meeting Now ##### OUR FOUR STEP SIMPLE SALES PROCESS ## Our Sales Process Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ ##### CONFUSED ABOUT FINANCE? #### Call & Discuss ##### WE WILL PACKAGE YOUR APPLICATION #### Submit Documents ## 01 Call us today to discuss your enquiry. We’ll find out what product is suited to your needs – we just need 5 mins of your time. Once we’ve received terms from our select panel of lenders, We’ll inform you of the options you have and then you’ll let us know which offer to proceed with. ## 02 ## 03 Once you’ve selected the perfect lender, we’ll go ahead and package the application on your behalf, making it a seamless and easy process. We’ll then instruct valuation and legals on the same day. Once the case has been submitted and the valuation report is back the case will be formally offered and funds can be made available to drawdown, subject to the legal due diligence being complete – From start to finish, we can have deals ready in as little as 7 working days. ## 04 ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/loan.png "loan - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### RECEIVE TERMS FROM LENDERS #### Compare Offers ##### FORMAL SUBMISSION #### Get your finance ## 01 ##### CONFUSED ABOUT FINANCE? ## Call & Discuss Call us today to discuss your enquiry. We’ll find out what product is suited to your needs – we just need 5 mins of your time. ##### RECEIVE TERMS FROM LENDERS ## Compare Offers Once we’ve received terms from our select panel of lenders, We’ll inform you of the options you have and then you’ll let us know which offer to proceed with. ## 02 ## 03 ##### WE WILL PACKAGE YOUR APPLICATION ## Submit Documents Once you’ve selected the perfect lender, we’ll go ahead and package the application on your behalf, making it a seamless and easy process. We’ll then instruct valuation and legals on the same day. ##### FORMAL SUBMISSION ## Get your finance Once the case has been submitted and the valuation report is back the case will be formally offered and funds can be made available to drawdown, subject to the legal due diligence being complete – From start to finish, we can have deals ready in as little as 7 working days. ## 04 ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/loan.png "loan - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [ Call Us Today & Get Started Now ](/contact-us/) ##### FINANCIAL TOOL ## Bridging Loan Calculator If you’re looking to purchase a property at auction – perhaps to refurbish, or to acquire the land to build upon – then you may need finance to complete the transaction. #### Bridging Loan Calculator Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nulla facilisi. Curabitur tincidunt, nunc vel tincidunt pretium, felis ligula feugiat neque, ac volutpat turpis velit et metus. Integer suscipit, justo a venenatis bibendum Purchase Price/Market Value (£): Loan to Value Required (LTV %): Loan Term (Months): Custom Value 3 6 9 12 24 36 48 Monthly Interest Rate (%): Custom Value 0.5 0.75 1.0 1.25 1.5 How will interest be paid: Serviced Deducted Lender fee (%): Broker Fee (%): Calculate Now Email Results to me Gross Loan (£) £ 300,000,000 Cost Per Month (£) £ 2,250,000 --- Rate Per Annum (%) 9.00% Cost Per Term (£) £ 27,000,000 Net LTV 55.80% The results provided by this calculator are estimates only. Actual loan terms, amounts, and rates may vary based on your specific circumstances and lender requirements. We recommend consulting with a financial advisor or lender for a detailed, personalized quote. Gross Loan: £ 300,000,000 Cost Per Month: £ 2,250,000 Cost Per Term: £ 27,000,000 Rate Per Annum: 9.00% Total Fees: £ 21,000,000 Net Loan: £ 279,000,000 Net LTV: 55.80% ×#### Send Result in Mail Full Name: Email Address: Send ##### FINANCIAL TOOL ## Other Tools & Resources At Hank Zarihs Associates, we provide access to a range of tools and resources designed to support your funding journey. From financial calculators and market insights to detailed guides on development finance, our resources empower you to make informed decisions. Whether you’re exploring investment opportunities or planning a new project, these tools are tailored to give you clarity, confidence, and a competitive edge in securing the right funding. [ ![Asset 82x](https://www.hankzarihs.com/wp-content/uploads/2025/09/Asset-82x.png "Asset 82x - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](/bridging-loan-calculator/) [ ![Asset 92x](https://www.hankzarihs.com/wp-content/uploads/2025/09/Asset-92x.png "Asset 92x - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/wp-content/uploads/2025/07/Guide-to-Bridging-Finance.pdf) [ ![Asset 102x](https://www.hankzarihs.com/wp-content/uploads/2025/09/Asset-102x.png "Asset 102x - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](/auction-finance-calculator/) [ ![Asset 112x](https://www.hankzarihs.com/wp-content/uploads/2025/09/Asset-112x.png "Asset 112x - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/wp-content/uploads/2025/07/Guide-to-Auction-Finance.pdf) [ ![Asset 142x](https://www.hankzarihs.com/wp-content/uploads/2025/09/Asset-142x.png "Asset 142x - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](/hmo-mortgage-calculator/) [ ![Asset 132x](https://www.hankzarihs.com/wp-content/uploads/2025/09/Asset-132x.png "Asset 132x - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](/development-finance-calculator/) [ ![Asset 122x](https://www.hankzarihs.com/wp-content/uploads/2025/09/Asset-122x.png "Asset 122x - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/wp-content/uploads/2025/07/Guide-to-Refurbishment-FInance.pdf) ![Asset d](https://www.hankzarihs.com/wp-content/uploads/2025/07/Asset-d.png "Asset-d - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [](/bridging-loan-calculator/) ![Asset-12](https://www.hankzarihs.com/wp-content/uploads/2025/09/Asset-82x.png "Asset 12x - Bridging and Development Finance Solutions") [](https://www.hankzarihs.com/wp-content/uploads/2025/07/Guide-to-Bridging-Finance.pdf) ![Asset-22](https://www.hankzarihs.com/wp-content/uploads/2025/09/Asset-92x.png "Asset 22x - Bridging and Development Finance Solutions") [](https://www.hankzarihs.com/auction-finance-calculator/) ![Asset-32](https://www.hankzarihs.com/wp-content/uploads/2025/09/Asset-102x.png "Asset 32x - Bridging and Development Finance Solutions") [](https://www.hankzarihs.com/wp-content/uploads/2025/07/Guide-to-Auction-Finance.pdf) ![Asset-42](https://www.hankzarihs.com/wp-content/uploads/2025/09/Asset-112x.png "Asset 42x - Bridging and Development Finance Solutions") [](/hmo-mortgage-calculator/) ![Asset-72](https://www.hankzarihs.com/wp-content/uploads/2025/09/Asset-142x.png "Asset 72x - Bridging and Development Finance Solutions") [](/development-finance-calculator/) ![Asset-62](https://www.hankzarihs.com/wp-content/uploads/2025/09/Asset-132x.png "Asset 62x - Bridging and Development Finance Solutions") [](https://www.hankzarihs.com/wp-content/uploads/2025/07/Guide-to-Refurbishment-FInance.pdf) ![Asset-52](https://www.hankzarihs.com/wp-content/uploads/2025/09/Asset-122x.png "Asset 52x - Bridging and Development Finance Solutions") [ Explore All Resources & Tools ](/all-resources-tools/) We have a strategic partnership with The Community Communications Partnership (CCP), a boutique planning advisory firm that supports developers in securing planning permissions by navigating the political and community landscape. Through this collaboration, we are able to introduce clients to trusted specialists who can assist with planning consent, while we focus on securing the development finance needed to move projects forward. ![TransparentLogo](https://www.hankzarihs.com/wp-content/uploads/2026/03/TransparentLogo.webp "Transparent+Logo - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [ Visit here ](https://www.theccp.net/) ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Your Success, Our Story [ ![Trustpilot](https://www.hankzarihs.com/wp-content/uploads/2024/09/Trustpilot.png "Trustpilot - Bridging and Development Finance Solutions")](https://uk.trustpilot.com/review/hankzarihs.com) [ ![Google r](https://www.hankzarihs.com/wp-content/uploads/2025/04/Google-r-1024x524.png "Google-r - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### 600+ ##### HAPPY CLIENTS #### £1B+ ##### DEALS FUNDED ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! [ Check out our Case Studies ](/case-studies/) ##### WE WILL FUND YOUR PROJECT! ## Book a Call Today Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - Appointments 7 days a week - From 7am till 10pm - No obligation - Terms issued within minutes - Friendly and experienced advisors - Ask all the questions you need! ##### WHAT IS BRIDGING FINANCE? ## Bridging Finance & How does it work? Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ What is bridging finance & how does it work? You may have heard about bridging loans in the context of property investment or moving house, but what exactly are they? Basically, [bridging finance](/fast-bridging-finance/) is a type of short-term loan that allows a buyer to purchase a property before their existing home or investment property is sold. As the name suggests, it ‘bridges’ the funding gap in the lag between purchase and sale – offering rapid access to the necessary purchase funds for a brief period of time. Borrowers can access from £5,000 to £250 million, depending on applicant status, the value of the property and other lender criteria. Higher lending amounts are typically reserved for borrowers who can put up several properties as security. Quotes are provided on a Loan to Value (LTV) of 65%-80% in most situations. What are the typical uses of bridging loans? Bridging loans can be used in a number of situations. For example: 1. When people are moving home in a chain, with a gap between completion dates (e.g. needing to pay for the new property before receiving funds on the completed old property). 2. When property investors or private buyers renovate a home and want a rapid sell-on. 3. When an individual is looking to buy a property at an auction. 4. When property investors and developers are looking to pay a tax bill 5. When buyers want to secure finance against an uninhabitable property. This type of finance can be used by homeowners, landlords and property developers alike. Are bridging loans a good idea? The bridging finance market has grown rapidly, with a number of small and focused lenders now on the market, catering for specialist property finance needs. The market has changed because large high-street lenders have become less willing (and sometimes less able) to lend ever since the financial crisis of 2008. As to whether a bridging loan for property development, auction purchase or private home buying is a good idea, it depends on a variety of factors. Bridging loan requirements vary by lender, but each will have certain common features that need to be considered. The most notable feature of this type of finance is that the interest rate is likely to be high. At the same time, there are typically high administration fees applied to the loan. Because of this, it is essential to proceed very carefully and with a full view of the facts. Borrowers have been burned by this type of loan in the past, in instances where transactions have fallen through, or where lenders have turned out to be unscrupulous and untrustworthy. What are the various pros and cons of bridging finance? Benefits of instant bridging loans 1\. Rapid access to money 2\. Ability to borrow large sums – often up to £250 million depending on applicant status 3\. Options for flexible borrowing. Possible downsides of bridging loans: 1\. Failure to understand the unique features of these loans can result in financial risk 2\. Bridging finance is secured against your property; meaning it can be sold if you can’t meet the repayment terms 3\. A costly option with fees and higher interest What is the interest rate on a bridging loan? Bridging finance interest rates will vary by lender. However, interest costs of 1.5% a month are not unusual, which can equate to an annual percentage rate of 18%. Fixed or variable rate? Bridging loans may have fixed or variable interest rate features. Fixed interest rates are ideal for customers who want stability, as they offer the same amount of interest for the duration of the term. The rate is pre-agreed, but there may be a premium for this security. The other choice is to have a variable rate bridging loan which can change with the base rate. However, you can save money if the base rate decreases. Borrowers who are less concerned about security sometimes prefer the variable rate option if they believe that the financial markets will travel in their favour. Knowledge and market insight is required here, along with a thorough understanding of personal risk tolerance. If interest rates appear to be rising, most customers will choose the fixed interest rate to lock it in and avoid further increases in the event of a base rate rise. Repaying interest on a bridging loan? Bridging loan periods tend to be for several months and there are usually different options for paying the interest portion. Monthly repayments The customer repays the interest every month as a separate payment, rather than adding it to the outstanding balance Rolled-up bridging finance deals The compound interest is calculated monthly but added to the outstanding loan balance and paid together when repayment is due. Retained interest The monthly interest payment due is covered up to a predefined date so that the full sum is only repaid when monies are due. Fees and other costs? As well as interest payments, there will be an arrangement fee for the set-up of the bridging loan, which is usually around 1-2%. A repayment fee for exit paperwork may also apply, along with valuation fees for the cost of the surveyor. How long can you have a bridging loan for? Remember, this type of finance is designed to be short-term. As soon as it extends beyond the agreed interim or bridging period, penalties can rapidly stack up. Typically, bridging finance is available for 1 – 18 months. Are there different types of bridging loan? Yes, there are two broad types: closed bridging finance and open bridging finance. With closed bridging finance you will tell the lender how you will repay the loan – with what funds and when. These loans usually complete within a few months and the clear exit plan is required as a lending condition. Open bridge finance won’t usually need this type of exit plan, and it is typically the loan of choice when funds are needed urgently to complete a property transaction. No detailed plan is needed to explain how the debt will be settled, and the finance tends to be offered for up to a year. Of course, it’s important to note that interest will keep being applied throughout this period. There are also first charge bridging loans and second charge bridging loans. If you have a loan against a property which is already mortgaged, you’d take out a second charge loan. An example of this would be if you were planning to finance a property extension to improve the property. The categorisation tells the lenders who will have legal priority for repayment if the loan was unable to be paid off at the term-end. First charge loans apply if the new loan is the first secured on the property. Can I get a bridging loan? Bridging loan requirements will depend on the lender. Often, lenders will require that: Customers must also take out their property mortgage with them too, providing the bridge finance as an interim measure before the standard mortgage comes into play. Property is put forward as security against the loan. Some lenders expect applicants to have more than one property in order to be eligible for their bridging finance products, but this will depend on the lender and the size of the loan. Applicants show proof of income – although, interestingly, as loan interest isn’t repaid monthly, some lenders do not request this. The applicant shows evidence of their property investment track record if they are planning to develop their purchased property. The applicant can show a business plan if they are using the bridging loan for commercial purposes. What are the alternatives to bridging loans? Development loans are another type of short-term property development loan. They are repaid in stages and calculated on the gross value of the development. Personal loans are another option, as are remortgages when timescales are more flexible and a long-term loan is desirable. Tips for success when applying for instant bridging loans? Use a bridge loan calculator Ask for your lender to provide a tailored bridge finance example or illustration around your particular borrowing needs. Think carefully about the type of bridging loan that you need – whether open bridge finance or closed bridge finance. Know whether the loan is a first or second charge type. Clarify whether the interest rate is fixed or variable. Review products from several lenders. Be clear on your security. Read the small print! Who provides bridging finance? Bridging loans are offered by banks, building societies, specialist lenders and brokers. They aren’t widely advertised and usually require a direct application by the customer to find out the product features and offers. Once you have made an application, a decision will usually be made within 24 hours. The funds then will take around two weeks to be issued, including time for checks to be carried out, the valuation and the actual transfer. Keen to find out more? Hank Zarihs are highly experienced and specialist financial intermediaries operating in the property development market. We work with a tried and tested panel of over 60 trusted lenders and can provide excellent bridging finance with attractive features. Contact us to find out more. ##### RECENT NEWS & UPDATE ## Our Blogs & News Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ ![12](https://www.hankzarihs.com/wp-content/uploads/2026/05/12-1024x1024.jpeg "12 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Sharia compliant 1st charge bridge against a trading 14-bed hotel asset](https://www.hankzarihs.com/sharia-compliant-1st-charge-bridge-against-a-trading-14-bed-hotel-asset/) Sharia Compliant Bridging Finance is gaining traction as a viable solution for experienced investors seeking speed, flexibility, and structure without [ Read More ](https://www.hankzarihs.com/sharia-compliant-1st-charge-bridge-against-a-trading-14-bed-hotel-asset/) ![54](https://www.hankzarihs.com/wp-content/uploads/2025/10/54-1024x678.jpg "54 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Building safety at risk if apprenticeship standards are ‘dumbed down’](https://www.hankzarihs.com/building-safety-at-risk-if-apprenticeship-standards-are-dumbed-down/) The construction industry has written an open letter to the prime minister Sir Keir Starmercalling for a rethink on proposed [ Read More ](https://www.hankzarihs.com/building-safety-at-risk-if-apprenticeship-standards-are-dumbed-down/) ![Maheshkumar painam QTde0HXqphY unsplash](https://www.hankzarihs.com/wp-content/uploads/2025/10/maheshkumar-painam-QTde0HXqphY-unsplash-1024x683.jpg "maheshkumar-painam-QTde0HXqphY-unsplash - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Scottish authorities called to cut red tape for SME housebuilders](https://www.hankzarihs.com/scottish-authorities-called-to-cut-red-tape-for-sme-housebuilders/) Scottish housing secretary Màiri McAllan is urging the country’s planning authorities to exercise proportionality to avoid ‘unnecessary’ costs and delays [ Read More ](https://www.hankzarihs.com/scottish-authorities-called-to-cut-red-tape-for-sme-housebuilders/) ![Samson vowles empty affordable homes scaled](https://www.hankzarihs.com/wp-content/uploads/2025/10/samson-vowles-empty-affordable-homes-1024x702.jpg "samson-vowles-empty affordable homes - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Developers push for greater tenure flexibility to unlock 700 stalled housing schemes](https://www.hankzarihs.com/developers-push-for-greater-tenure-flexibility-to-unlock-700-stalled-housing-schemes/) Housebuilders are calling for flexibility over tenures as financially strapped housing associations are increasingly unable to buy the ‘affordable homes’ [ Read More ](https://www.hankzarihs.com/developers-push-for-greater-tenure-flexibility-to-unlock-700-stalled-housing-schemes/) ##### AREAS WE COVER ## Areas We Have Helped Clients for Auction Finance Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - [ Birmingham ](/birmingham/) - [ Bournemouth ](/bournemouth/) - [ Brighton ](/brighton/) - [ Bristol ](/bristol/) - [ Cardiff ](/cardiff/) - [ Coventry ](/coventry/) - [ Derby ](/derby/) - [ Edinburgh ](/edinburgh/) - [ Glasgow ](/glasgow/) - [ Leeds ](/leeds/) - [ Leicester ](/leicester/) - [ Liverpool ](/liverpool/) - [ London ](/london/) - [ Manchester ](/manchester/) - [ Middlesbrough ](/middlesbrough/) - [ Newcastle ](/newcastle/) - [ Northampton ](/northampton/) - [ Poole ](/poole/) - [ Portsmouth ](/portsmouth/) - [ Plymouth ](/plymouth/) - [ Reading ](/reading/) - [ Sheffield ](/sheffield/) - [ Southampton ](/southampton/) - [ Stoke ](/stoke/) - [ Wolverhampton ](/wolverhampton/) **Tags:** Auction Finance, Auction Property Finance, Bridging Finance, Bridging Finance Experts, Bridging Loan Broker, Bridging Loan Solutions, Bridging Loans, Business Finance, Business Funding Solutions, Commercial finance, Commercial Finance Broker, Commercial Funding Solutions, Commercial Funding UK, Commercial Lending, Commercial Lending Solutions, commercial mortgage broker, Commercial Mortgage Solutions, Commercial Mortgages, commercial property finance, Commercial Property Funding, Commercial Property Investment, commercial property loans, Development and Investment Funding, Development Finance, Development Finance Broker, Development Finance Consultation, Development Finance Experts, Development Finance Services, Development Finance Specialists, Development Finance Uk, Development Funding, Development Funding Experts, Development Funding Solutions, Development Loan Broker, development loans, Development Project Funding, Finance Broker, Finance for Developers, Finance for Property Investors, Finance for Real Estate, Finance Solutions UK, Funding Advice UK, Funding for Commercial Property, Funding for Developers, Funding for Property Projects, Funding Solutions, Funding Specialists UK, Hank Zarihs, Hank Zarihs Associates, Investment Finance, Investment Finance Broker, Investment Funding, Investment Funding Solutions, Investment Funding UK, Investment Property Finance, Property Acquisition Finance, Property Acquisition Loans, Property Development Broker, Property Development Capital, Property Development Consultancy, Property Development Experts, property development finance, property development funding, Property Development Funding UK, property development loans, Property Development Projects, Property Development Specialists, property finance, Property Finance Advisory, Property Finance Broker, Property Finance Experts, Property Finance Solutions, Property Finance Specialists, Property Finance UK, Property Funding, Property Funding Experts., Property Funding Solutions, Property Investment, Property Investment Experts, Property Investment Finance UK, Property Investment Funding, Property Investment Loans, Property Investment Opportunities, Property Investor Finance, Property Investor Funding, Property Lending, Property Lending Solutions, property refurbishment finance, Real Estate Finance, Real Estate Funding, Real Estate Funding Solutions, Real Estate Investment, Real Estate Investment Funding, short term finance, Short Term Property Finance, UK Finance Broker, UK Property Development Finance, UK Property finance --- ### [Our Finance Specialists](https://www.hankzarihs.com/our-finance-specialists/) **Published:** June 3, 2025 **Author:** Shiraz Khan **Content:** # Our Finance Specialists . Meet the Hank Zarihs Team [ Explore About Us ](/about-us/) At Hank Zarihs Associates, we believe that success in property finance begins with the right people. Our team is made up of experienced, responsive, and client-focused professionals who are dedicated to delivering fast solutions and reliable funding outcomes. With decades of combined expertise in sales, case management, bridging finance, and relationship development, we’re here to guide you through every stage of the lending process — from first enquiry to final drawdow ![Mask Group 9](https://www.hankzarihs.com/wp-content/uploads/2025/06/Mask-Group-9.png "Mask Group 9 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Group 1009](https://www.hankzarihs.com/wp-content/uploads/2025/06/Group-1009.png "Group 1009 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### Hank Zarihs Associates ## Meet Our Team Our core focus is offering fast solutions, financial products that deliver results, and the highest of service levels. If you would like to find out more please contact us to discuss your funding requirements. ![Shiraz Khan](https://www.hankzarihs.com/wp-content/uploads/2025/06/Shiraz-Khan.png "Shiraz Khan - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Single team new](https://www.hankzarihs.com/wp-content/uploads/2025/06/single-team-new.png "single-team-new - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ## Shiraz Khan [![linkden](https://www.hankzarihs.com/wp-content/uploads/2025/04/linkden.png)](#) Managing Director - [ shiraz@hankzarihs.com ](mailto:shiraz@hankzarihs.com) - 02038 098706 | 07747 834399 I specialise in building strong relationships and structuring complex transactions, creating long-term opportunities with lenders, clients, valuers, and solicitors alike. While I step in to support the team whenever urgent matters arise, such occasions are rare, thanks to the deep experience and professionalism within our business. Since 2002, I have guided clients in building wealth through property, completing more than 1,000 transactions across a wide range of sectors. With this track record, there are few scenarios I haven’t encountered, though the property world still has a way of presenting the occasional surprise. As both an adviser and a borrower, I bring first-hand insight from owning and delivering large-scale developments. This practical experience across planning, design, and delivery ensures I understand the challenges clients face and can provide the strategic, tailored solutions they need to achieve their goals. Read more Hide Text ![Eeafc738 aadc 4e82 a84a ebb1e6c2bd42 removebg preview](https://www.hankzarihs.com/wp-content/uploads/2025/06/eeafc738-aadc-4e82-a84a-ebb1e6c2bd42-removebg-preview.png "eeafc738-aadc-4e82-a84a-ebb1e6c2bd42-removebg-preview - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Single team new](https://www.hankzarihs.com/wp-content/uploads/2025/06/single-team-new.png "single-team-new - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ## Anthony Figurado [![linkden](https://www.hankzarihs.com/wp-content/uploads/2025/04/linkden.png)](#) Head of Bridging Finance - [ anthony@hankzarihs.com ](mailto:anthony@hankzarihs.com) - [ 07939 118282 ](tel:07939%20118282) As a broker, I take the time to understand each client’s financial position, goals, and specific project needs. This client-first approach allows me to deliver tailored funding solutions that align with both immediate requirements and long-term objectives. With in-depth knowledge of the financial market, I provide access to a wide range of products, from standard offerings to more specialised niche solutions that many clients may not be aware of. My strong relationships with banks, alternative lenders, and specialist providers mean I can open doors to opportunities that go beyond traditional finance. By leveraging this network, I am often able to negotiate more competitive rates and favourable terms than clients could secure on their own. I also simplify the entire process, handling everything from paperwork to lender negotiations and managing the application from start to finish. My goal is to make securing finance as smooth and efficient as possible, saving clients valuable time and effort while ensuring they receive the right funding fit for their project. Read more Hide Text ![Neil](https://www.hankzarihs.com/wp-content/uploads/2025/06/neil.png "neil - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Single team new](https://www.hankzarihs.com/wp-content/uploads/2025/06/single-team-new.png "single-team-new - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ## Neil Glover [![linkden](https://www.hankzarihs.com/wp-content/uploads/2025/04/linkden.png)](#) Head of Sales - [ neil@hankzarihs.com ](mailto:neil@hankzarihs.com) - [ 07795 835407 ](tel:07795835407) I am a highly motivated individual who excels in delivering exceptional customer experiences from initiation to completion. Throughout my extensive tenure in the property industry, I have cultivated remarkable connections with numerous clients who have sought my assistance in meeting their diverse financial and property needs. In recent years, my affinity for the property auction model has significantly deepened. I am genuinely enamoured with the opportunity to offer vendors a distinct alternative. I thrive on establishing robust relationships with investors, consistently earning their trust and confidence. I possess a proclivity for thinking innovatively and derive great satisfaction from devising alternative solutions. Recognising the importance of interpersonal dynamics, I firmly believe that the ability to connect with others is paramount. I am a steadfast advocate of adhering to one's values and principles Read more Hide Text ![Shiraz Khan](https://www.hankzarihs.com/wp-content/uploads/2025/06/Shiraz-Khan.png "Shiraz Khan - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Single team new](https://www.hankzarihs.com/wp-content/uploads/2025/06/single-team-new.png "single-team-new - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ## Janelle Baffa [![linkden](https://www.hankzarihs.com/wp-content/uploads/2025/04/linkden.png)](#) Head of underwriting - [ janelle@hankzarihs.com ](mailto:janelle@hankzarihs.com) - [ 07306 079180 ](tel:07306079180) I am a highly motivated individual who excels in delivering exceptional customer experiences from initiation to completion. Throughout my extensive tenure in the property industry, I have cultivated remarkable connections with numerous clients who have sought my assistance in meeting their diverse financial and property needs. In recent years, my affinity for the property auction model has significantly deepened. I am genuinely enamoured with the opportunity to offer vendors a distinct alternative. I thrive on establishing robust relationships with investors, consistently earning their trust and confidence.I possess a proclivity for thinking innovatively and derive great satisfaction from devising alternative solutions. Recognising the importance of interpersonal dynamics, I firmly believe that the ability to connect with others is paramount. I am a steadfast advocate of adhering to one's values and principles. Read more Hide Text ![Shiraz Khan](https://www.hankzarihs.com/wp-content/uploads/2025/06/Shiraz-Khan.png "Shiraz Khan - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Single team new](https://www.hankzarihs.com/wp-content/uploads/2025/06/single-team-new.png "single-team-new - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ## Ronak Mansuri [![linkden](https://www.hankzarihs.com/wp-content/uploads/2025/04/linkden.png)](#) Case Manager - [ ronak@hankzarihs.com ](mailto:ronak@hankzarihs.com%20) - [ 07587 758448 ](tel:07587758448) I am a highly motivated individual who excels in delivering exceptional customer experiences from initiation to completion. Throughout my extensive tenure in the property industry, I have cultivated remarkable connections with numerous clients who have sought my assistance in meeting their diverse financial and property needs. In recent years, my affinity for the property auction model has significantly deepened. I am genuinely enamoured with the opportunity to offer vendors a distinct alternative. I thrive on establishing robust relationships with investors, consistently earning their trust and confidence.I possess a proclivity for thinking innovatively and derive great satisfaction from devising alternative solutions. Recognising the importance of interpersonal dynamics, I firmly believe that the ability to connect with others is paramount. I am a steadfast advocate of adhering to one's values and principles. Read more Hide Text ![Shiraz Khan](https://www.hankzarihs.com/wp-content/uploads/2025/06/Shiraz-Khan.png "Shiraz Khan - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Single team new](https://www.hankzarihs.com/wp-content/uploads/2025/06/single-team-new.png "single-team-new - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ## Jennah Khan [![linkden](https://www.hankzarihs.com/wp-content/uploads/2025/04/linkden.png)](#) Analyst - [ jennah@hankzarihs.com ](mailto:jennah@hankzarihs.com) - [ 07957 470952 ](tel:07957470952) As an Analyst at Hank Zarihs Associates, I specialise in identifying and evaluating development opportunities within the UK property market. Using our bespoke in-house appraisal model, I assess the financial viability of prospective sites to ensure our clients are presented with well-structured and profitable projects. I actively monitor and research the market for prime development opportunities to bring forward to our clients. Tools like GUMO are central to my workflow, allowing me to conduct thorough due diligence and ensure every opportunity aligns with our client's investment criteria. My passion for property development spans several years, and I bring that enthusiasm into every analysis I conduct. At Hank Zarihs Associates, I’m proud to support our mission of delivering fast, flexible, and reliable bridging and development finance solutions. Read more Hide Text ![Shiraz Khan](https://www.hankzarihs.com/wp-content/uploads/2025/06/Shiraz-Khan.png "Shiraz Khan - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Single team new](https://www.hankzarihs.com/wp-content/uploads/2025/06/single-team-new.png "single-team-new - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ## Paul Seeby [![linkden](https://www.hankzarihs.com/wp-content/uploads/2025/04/linkden.png)](#) Government Policy & Planning - [ paul.seeby@hankzarihs.com ](mailto:paul.seeby@hankzarihs.com) - [ 07305 823621 ](tel:077305823621) My name is Paul Seeby, and I bring extensive experience in both local government and the property sector. I have served as a borough councillor since 1991 and, more recently, as a county councillor. Alongside my council work, I have also served on a housing association board and contributed to the development of a Local Plan, giving me valuable insight into housing policy, planning, and community development. Beyond my council roles, I have worked on communications relating to development projects across the UK, building strong knowledge of the challenges and opportunities within the property and planning sectors. Outside of my professional commitments, I enjoy dining out and wild swimming in my spare time. Read more Hide Text ##### Hank Zarihs Associates ## Our Core Values Our core focus is offering fast solutions, financial products that deliver results, and the highest of service levels. If you would like to find out more please contact us to discuss your funding requirements. Expertise That Counts We’ve advised on over £1 billion in property loans — from bridging and development finance to complex joint venture structures. Relationship-Driven We build long-term partnerships with clients and lenders, not one-time transactions. ![Hza](https://www.hankzarihs.com/wp-content/uploads/2025/06/hza.jpg "hza - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") Speed & Precision Our team understands that timing is critical in property. We move quickly — often securing terms within hours and funding within days. End-to-End Support From your first enquiry to your final drawdown, you’ll be guided by a dedicated specialist who knows your project inside out. ##### WE WILL FUND YOUR PROJECT! ## Book a Call Today Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - Appointments 7 days a week - From 7am till 10pm - No obligation - Terms issued within minutes - Friendly and experienced advisors - Ask all the questions you need! ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Your Success, Our Story [ ![Trustpilot](https://www.hankzarihs.com/wp-content/uploads/2024/09/Trustpilot.png "Trustpilot - Bridging and Development Finance Solutions")](https://uk.trustpilot.com/review/hankzarihs.com) [ ![Google r](https://www.hankzarihs.com/wp-content/uploads/2025/04/Google-r-1024x524.png "Google-r - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### 600+ ##### HAPPY CLIENTS #### £1B+ ##### DEALS FUNDED ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! [ Check out our Case Studies ](/case-studies/) ##### AREAS WE COVER ## Areas We Have Helped Clients for Auction Finance Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - [ Birmingham ](/birmingham/) - [ Bournemouth ](/bournemouth/) - [ Brighton ](/brighton/) - [ Bristol ](/bristol/) - [ Cardiff ](/cardiff/) - [ Coventry ](/coventry/) - [ Derby ](/derby/) - [ Edinburgh ](/edinburgh/) - [ Glasgow ](/glasgow/) - [ Leeds ](/leeds/) - [ Leicester ](/leicester/) - [ Liverpool ](/liverpool/) - [ London ](/london/) - [ Manchester ](/manchester/) - [ Middlesbrough ](/middlesbrough/) - [ Newcastle ](/newcastle/) - [ Northampton ](/northampton/) - [ Poole ](/poole/) - [ Portsmouth ](/portsmouth/) - [ Plymouth ](/plymouth/) - [ Reading ](/reading/) - [ Sheffield ](/sheffield/) - [ Southampton ](/southampton/) - [ Stoke ](/stoke/) - [ Wolverhampton ](/wolverhampton/) **Tags:** Transparent Header --- ### [Auction Finance](https://www.hankzarihs.com/auction-finance/) **Published:** April 18, 2025 **Author:** Shiraz Khan **Content:** # Auction Finance . If you’re looking to purchase a property at auction – perhaps to refurbish, or to acquire the land to build upon – then you may need finance to complete the transaction. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### Lending up to 80% NET #### Minimum Term 01 Day #### Rates from 0.65% #### Approval time Minutes #### Turn around within 28 Days #### Minimum loan £200k #### Maximum Laon £25M #### Valuation OMV #### Table of Contents If you’re looking to purchase a property at auction – perhaps to refurbish, or to acquire the land to build upon – then you may need finance to complete the transaction. Auction Finance is a specialist type of lending product designed exactly for this purpose, and it has special features that borrowers need to know about. Read on to find out more. ### What is Auction finance? Auction finance, also sometimes known as a bridging loan, is a special type of short-term finance that can meet short turnaround deadlines. Auction purchases require a completion of up to 28 working days, therefore traditional long term finance is not suitable as it does not meet deadlines. With a short-term bridging loan or auction finance, you can buy residential or commercial property at auction and rapidly access the funds you need to purchase the asset and to complete the transaction. ![Ac f house](https://www.hankzarihs.com/wp-content/uploads/2025/04/ac-f-house.jpg "ac-f-house - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### How do auction property loans work? The specific way that a lender will offer property auction finance in the UK will depend on their own terms and the offer. However, one of the key features of auction finance is speed. Providers of auction finance are so fast that customers can take out these products before an auction or even during an auction in order to guarantee the necessary funds. At Hank Zarihs Associates, we rapidly work through our streamlined application process so that you can receive tailored and personalised offers within 20 minutes of providing your details to us and have your offer in principal ready and waiting before you even get to the auction house! Once the auction finance loan has been funded the client will typically exit the loan with a long term mortgage , buy to let which will be used to redeem bridging loan. H.Z.A ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Why choose Hank Zarihs Associates? This is how we work at Hank Zarihs Associates. As highly experienced property finance intermediaries, we are proud to work with a tried and tested panel of lenders who offer this kind of specialist finance. Find out some of the benefits of choosing your auction finance or property loan through Hank Zarihs Associates. ### An excellent track record With our knowledge and experience, we are able to present lending cases to our panel in a format which is most likely to increase your chances of being offered attractive development finance. By following a comprehensive due diligence process with each client we make it possible to find the right development loan in the UK, quickly and efficiently – from the right lender. ### Relationship-building We’re also proud to work with most of our clients on a repeat business basis – by proving the value of our service at every turn and by building long-term relationships with our developer clients. Whatever your level of experience, size of project or development loan need, you can be guaranteed of a superb experience with the team of friendly and helpful experts at Hank Zarihs Associates. ### Adding value What’s more, we are able to add value at every step of the process, with in-depth knowledge and guidance, designed to help our clients match up with the right lender, for the ideal loan. We recognise that development loans are usually large and complex, so our service ensures that clients are best placed for acceptance from our lending panel. ### Saving more – cutting out the middle man We can save you money too, as we work with property development finance lenders who offer specific deals on development finance for intermediaries – cutting-out the middleman and meaning that our clients can access even more attractive deals on their borrowing – with our help, expertise and support at every step of the way. ### Apply for a property development loan Ready to apply for development finance UK? We work with a tried and trusted panel of development lenders who are actively lending. The deals that we can recommend to our clients are updated daily, so you have complete peace of mind that you are receiving details of the best possible development finance products on the market in real-time. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) ### Use our auction finance calculator Want to know the cost of auction finance? Our auction finance calculator makes it easy for you. Simply enter details of the kind of loan you need and we will provide you with indicative costs. Of course, the actual deals on the market vary and we can offer the latest deals with interest rates offered daily, from our trusted panel of auction loan providers. It’s worth noting that interest rates are quoted monthly because these are short-term finance agreements of up to 24 months in duration (typically.) ![Tag image](https://www.hankzarihs.com/wp-content/uploads/2025/04/tag-image.svg "tag-image - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### Why use a specialist Auction Loan broker? See which type of loan might be best for your needs: [ Schedule a Meeting Now ](#book-a-call-today) [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) ### Residential Finance Residential development loans – also known as senior debt development finance – exists to allow developers to build new homes, to convert existing properties or to refurbish existing residential homes. It can also be used, in some instances, for properties which are owner-occupied, as well as for investment properties. Residential development finance is on offer to builders and property developers at all stages of their journey – from new entrants to the market looking to develop the one property, through to highly-experienced developers with a large portfolio of projects. ### Commercial Finance Apply for commercial development mortgage Commercial Property Development Finance is also sometimes just known as Property Development Finance, and these types of property loan are designed for builders and developers wishing to build, convert or refurbish a commercial property. The nature of these projects can mean that the value of the loan is bigger, reflecting the scale of typical project works. ### New Build Finance Looking to build new build residential or commercial properties? Specialist new build finance will be ideal for you and provide rapid access to the development finance UK that you need to take your project forward. ### Bridging Loans Bridging finance is another form of specialist short-term finance designed to ‘bridge’ the funding gap between a property sale and purchase. It is also used by developers who buy properties at auction for a rapid refurbishment before placing them on the market for sale. At Hank Zarihs Associates, our panel of lenders offer extremely fast access to attractive bridging finance for a variety of? ### HMO Finance Finance is for Houses in Multiple Occupation, and these loans are used by developers or builders of apartments, student flats and so forth. Some finance lenders will offer specialist HMO development loans and have specific expertise in this area. ##### WE WILL FUND YOUR PROJECT! ## Book a Call Today Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - Appointments 7 days a week - From 7am till 10pm - No obligation - Terms issued within minutes - Friendly and experienced advisors - Ask all the questions you need! ### Examples of development finance rates At Hank Zarihs Associates, we are proud to secure highly attractive finance rates via our panel of specialist lenders, who trust us to package up project applications in a way that allows them to make a rapid assessment of each borrower’s specific needs. Development loans rates vary according to a variety of factors, such as the sum required, the duration it is needed, the experience of the borrower, the location of the project and the financial returns. **Example:** As an example of a typical finance rate for a development loan, a residential finance deal could start from 3.95% APR and a commercial development loan could start from 7.50% APR. On a bridging loan, the interest rate ranges from 0.45% to 1.25% pcm, depending on the asset, the credit profile of the borrower and the LTV required. For the latest interest rates available, please visit our rates here or contact one of our team on 0203 889 4403. Remember at Hank Zarihs Associates, we are able to access specialist development finance intermediary deals which aren’t available directly to customers! ### Senior loans A senior development loan is a typical type of property development finance, where the lender will take an initial first charge on the property or site being developed, and will then fund the Gross Development Value (say, to 65%) or the project costs (at 80%), with an interest provision applied. This means that interest payments do not need to be serviced monthly. ### Senior Stretch loans These development finance loans are ideal for developers who need to access larger amounts of finance for their projects. The name, senior stretch, describes the order of the loans. For example, a developer might get a 65% development finance loan, and then need a top-up mezzanine loan, which can be raised very quickly at a higher interest rate. This type of loan combines the primary asset-based loan (made against the project) and the cash flow loan, which is designed to provide rapid access to top-up cash. As developers will know, this type of finance can often be very attractive in order to meet unexpected development costs at short-notice and to allow the project to be rapidly completed to progress to sale (and loan redemption upon that sale being realised). Senior Loan Rates Stretch Loan Rates Product Residential Commercial Residential Commercial LTGDV Up to 60% Up to 50% Up to 70% Up to 60%LTC LTC Up to 80%LTC Up to 70%LTC Up to 90%LTC Up to 80%LTC Interest Rate From 3.95% P.A From 9.00% P.A From 3.95% P.A From 9.00% P.A Term & Repayment Maximum term 36 months Interest Fully Rolled Up, Part-Rolled Up or Serviced (subject to affordability) The net advance will be less total potential interest over the term with the gross loan calculated as interest for the entire term and the arrangement fee added. Maximum term 36 months Interest Fully Rolled Up, Part-Rolled Up or Serviced (subject to affordability) The net advance will be less total potential interest over the term with the gross loan calculated as interest for the entire term and the arrangement fee added. Exit Fee Negotiable Negotiable ### What are development loans typically used for? Development loans are usually used to provide short-term finance for residential (including HMO) or commercial property developments. These can be construction, conversion or refurbishment projects, and the finance can also be used to buy properties at auction. These are specialist loans which are suitable for a range of developers – from builders who are renovating their first property, through to highly experienced developers who are building a series of complex projects. They can also be used by landlords and by homeowners to renovate owner-occupied properties. However, because development loans are specialist products, it is well worth using a specialist intermediary to ensure all features of the products on offer are understood. This is particularly important for products such as bridging finance, which can become very expensive if used incorrectly. Equally, by using an intermediary such as Hank Zarihs Associates, developers know that they will be receiving highly competitive deals tailored to their unique needs and that their projects are more likely to be accepted by ready lenders, thanks to our service and relationships.To learn more, check out Hank Zarihs Associates detailed article about how does development finance work. ##### WHAT IS BRIDGING FINANCE? ## Bridging Finance & How does it work? Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ What is bridging finance & how does it work? You may have heard about bridging loans in the context of property investment or moving house, but what exactly are they? Basically, [bridging finance](/fast-bridging-finance/) is a type of short-term loan that allows a buyer to purchase a property before their existing home or investment property is sold. As the name suggests, it ‘bridges’ the funding gap in the lag between purchase and sale – offering rapid access to the necessary purchase funds for a brief period of time. Borrowers can access from £200,000 to £250 million, depending on applicant status, the value of the property and other lender criteria. Higher lending amounts are typically reserved for borrowers who can put up several properties as security. Quotes are provided on a Loan to Value (LTV) of 65%-80% in most situations. What are the typical uses of bridging loans? Bridging loans can be used in a number of situations. For example: 1. When people are moving home in a chain, with a gap between completion dates (e.g. needing to pay for the new property before receiving funds on the completed old property). 2. When property investors or private buyers renovate a home and want a rapid sell-on. 3. When an individual is looking to buy a property at an auction. 4. When property investors and developers are looking to pay a tax bill 5. When buyers want to secure finance against an uninhabitable property. This type of finance can be used by homeowners, landlords and property developers alike. Are bridging loans a good idea? The bridging finance market has grown rapidly, with a number of small and focused lenders now on the market, catering for specialist property finance needs. The market has changed because large high-street lenders have become less willing (and sometimes less able) to lend ever since the financial crisis of 2008. As to whether a bridging loan for property development, auction purchase or private home buying is a good idea, it depends on a variety of factors. Bridging loan requirements vary by lender, but each will have certain common features that need to be considered. The most notable feature of this type of finance is that the interest rate is likely to be high. At the same time, there are typically high administration fees applied to the loan. Because of this, it is essential to proceed very carefully and with a full view of the facts. Borrowers have been burned by this type of loan in the past, in instances where transactions have fallen through, or where lenders have turned out to be unscrupulous and untrustworthy. What are the various pros and cons of bridging finance? Benefits of instant bridging loans 1\. Rapid access to money 2\. Ability to borrow large sums – often up to £250 million depending on applicant status 3\. Options for flexible borrowing. Possible downsides of bridging loans: 1\. Failure to understand the unique features of these loans can result in financial risk 2\. Bridging finance is secured against your property; meaning it can be sold if you can’t meet the repayment terms 3\. A costly option with fees and higher interest What is the interest rate on a bridging loan? Bridging finance interest rates will vary by lender. However, interest costs of 1.5% a month are not unusual, which can equate to an annual percentage rate of 18%. Fixed or variable rate? Bridging loans may have fixed or variable interest rate features. Fixed interest rates are ideal for customers who want stability, as they offer the same amount of interest for the duration of the term. The rate is pre-agreed, but there may be a premium for this security. The other choice is to have a variable rate bridging loan which can change with the base rate. However, you can save money if the base rate decreases. Borrowers who are less concerned about security sometimes prefer the variable rate option if they believe that the financial markets will travel in their favour. Knowledge and market insight is required here, along with a thorough understanding of personal risk tolerance. If interest rates appear to be rising, most customers will choose the fixed interest rate to lock it in and avoid further increases in the event of a base rate rise. Repaying interest on a bridging loan? Bridging loan periods tend to be for several months and there are usually different options for paying the interest portion. Monthly repayments The customer repays the interest every month as a separate payment, rather than adding it to the outstanding balance Rolled-up bridging finance deals The compound interest is calculated monthly but added to the outstanding loan balance and paid together when repayment is due. Retained interest The monthly interest payment due is covered up to a predefined date so that the full sum is only repaid when monies are due. Fees and other costs? As well as interest payments, there will be an arrangement fee for the set-up of the bridging loan, which is usually around 1-2%. A repayment fee for exit paperwork may also apply, along with valuation fees for the cost of the surveyor. How long can you have a bridging loan for? Remember, this type of finance is designed to be short-term. As soon as it extends beyond the agreed interim or bridging period, penalties can rapidly stack up. Typically, bridging finance is available for 1 – 18 months. Are there different types of bridging loan? Yes, there are two broad types: closed bridging finance and open bridging finance. With closed bridging finance you will tell the lender how you will repay the loan – with what funds and when. These loans usually complete within a few months and the clear exit plan is required as a lending condition. Open bridge finance won’t usually need this type of exit plan, and it is typically the loan of choice when funds are needed urgently to complete a property transaction. No detailed plan is needed to explain how the debt will be settled, and the finance tends to be offered for up to a year. Of course, it’s important to note that interest will keep being applied throughout this period. There are also first charge bridging loans and second charge bridging loans. If you have a loan against a property which is already mortgaged, you’d take out a second charge loan. An example of this would be if you were planning to finance a property extension to improve the property. The categorisation tells the lenders who will have legal priority for repayment if the loan was unable to be paid off at the term-end. First charge loans apply if the new loan is the first secured on the property. Can I get a bridging loan? Bridging loan requirements will depend on the lender. Often, lenders will require that: Customers must also take out their property mortgage with them too, providing the bridge finance as an interim measure before the standard mortgage comes into play. Property is put forward as security against the loan. Some lenders expect applicants to have more than one property in order to be eligible for their bridging finance products, but this will depend on the lender and the size of the loan. Applicants show proof of income – although, interestingly, as loan interest isn’t repaid monthly, some lenders do not request this. The applicant shows evidence of their property investment track record if they are planning to develop their purchased property. The applicant can show a business plan if they are using the bridging loan for commercial purposes. What are the alternatives to bridging loans? Development loans are another type of short-term property development loan. They are repaid in stages and calculated on the gross value of the development. Personal loans are another option, as are remortgages when timescales are more flexible and a long-term loan is desirable. Tips for success when applying for instant bridging loans? Use a bridge loan calculator Ask for your lender to provide a tailored bridge finance example or illustration around your particular borrowing needs. Think carefully about the type of bridging loan that you need – whether open bridge finance or closed bridge finance. Know whether the loan is a first or second charge type. Clarify whether the interest rate is fixed or variable. Review products from several lenders. Be clear on your security. Read the small print! Who provides bridging finance? Bridging loans are offered by banks, building societies, specialist lenders and brokers. They aren’t widely advertised and usually require a direct application by the customer to find out the product features and offers. Once you have made an application, a decision will usually be made within 24 hours. The funds then will take around two weeks to be issued, including time for checks to be carried out, the valuation and the actual transfer. Keen to find out more? Hank Zarihs are highly experienced and specialist financial intermediaries operating in the property development market. We work with a tried and tested panel of over 60 trusted lenders and can provide excellent bridging finance with attractive features. Contact us to find out more. ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN #### Your Success, Our Story [ ![Trustpilot](https://www.hankzarihs.com/wp-content/uploads/2025/04/trustpilot.png "trustpilot - Bridging and Development Finance Solutions")](https://uk.trustpilot.com/review/hankzarihs.com) [ ![Google](https://www.hankzarihs.com/wp-content/uploads/2025/04/google.png "google - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### 600+ ##### HAPPY CLIENTS #### £1B+ ##### DEALS FUNDED ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2025/04/hza.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2025/04/hza.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2025/04/hza.svg) Jessica Trim*★★★★★* Director **Professsionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! [ Check out our Case Studies ](/case-studies/) ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Your Success, Our Story [ ![Trustpilot](https://www.hankzarihs.com/wp-content/uploads/2024/09/Trustpilot.png "Trustpilot - Bridging and Development Finance Solutions")](https://uk.trustpilot.com/review/hankzarihs.com) [ ![Google r](https://www.hankzarihs.com/wp-content/uploads/2025/04/Google-r-1024x524.png "Google-r - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### 600+ ##### HAPPY CLIENTS #### £1B+ ##### DEALS FUNDED ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! [ Check out our Case Studies ](/case-studies/) ##### AREAS WE COVER ## Areas We Have Helped Clients for Auction Finance Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - [ Birmingham ](/birmingham/) - [ Bournemouth ](/bournemouth/) - [ Brighton ](/brighton/) - [ Bristol ](/bristol/) - [ Cardiff ](/cardiff/) - [ Coventry ](/coventry/) - [ Derby ](/derby/) - [ Edinburgh ](/edinburgh/) - [ Glasgow ](/glasgow/) - [ Leeds ](/leeds/) - [ Leicester ](/leicester/) - [ Liverpool ](/liverpool/) - [ London ](/london/) - [ Manchester ](/manchester/) - [ Middlesbrough ](/middlesbrough/) - [ Newcastle ](/newcastle/) - [ Northampton ](/northampton/) - [ Poole ](/poole/) - [ Portsmouth ](/portsmouth/) - [ Plymouth ](/plymouth/) - [ Reading ](/reading/) - [ Sheffield ](/sheffield/) - [ Southampton ](/southampton/) - [ Stoke ](/stoke/) - [ Wolverhampton ](/wolverhampton/) **Tags:** Transparent Header --- ### [Bridging Loan Brokers Glasgow](https://www.hankzarihs.com/glasgow/) **Published:** June 19, 2025 **Author:** Shiraz Khan **Content:** # Bridging Loan Brokers Glasgow. ### Providing Funding Solutions for Success At Hank Zarihs Associates, you’ll find an experienced team specialising in investment and development funding in Glasgow and the UK. Our highly experienced financial intermediaries will help you take your project forward with the required due diligence, finding the most suitable lender for your situation. Contact us to find out about your funding options today. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) ## our services in Glasgow We are a professional bridging loan broker in Glasgow, offering a range of professional services. Below, you will find the main services we can offer you. [![Service icon 1](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-1.jpg "service-icon-1 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#auction-finance)### [Auction Finance](#auction-finance) - Funding agreed in minutes - Unmortgageable property - No proof of income [![Service icon 2](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-2.jpg "service-icon-2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#bridging-finance)### [Bridging Finance](#bridging-finance) - Lending up to 80% LTV - No exits fees - All asset classes [![Service icon 3](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-3.jpg "service-icon-3 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#development-finance)### [Development Finance](#development-finance) - Ground up and conversions - 100% of construction cost - 90% loan to cost [![Service icon 4](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-4.jpg "service-icon-4 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#term-loans)### [Term Loans](#term-loans) - Whole blocks - HMO portfolio - All asset classes [![Service icon 5](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-5.jpg "service-icon-5 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#commercial-mortgages)### [Commercial Mortgages](#commercial-mortgages) - Loans up to 70% LTV - Rates from 8.99% Pa - Low Exit Fees - Loans from £250,000 to £10m [![Service icon 6](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-6.jpg "service-icon-6 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#equity-funding)### [Equity & JV Funding](#equity-funding) - To purchase residential or commercial property quickly from an auction ![Layer 2](https://www.hankzarihs.com/wp-content/uploads/2024/09/Layer-2-1024x304.png "Layer 2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Buying Property At Auction](https://www.hankzarihs.com/wp-content/uploads/2025/06/Buying-Property-At-Auction.jpg "Buying-Property-At-Auction - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Service icon 1](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-1.jpg "service-icon-1 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")### Auction Finance in Glasgow Glasgow property auctions are a good location to find deals, but bidding at auction isn’t as simple as many shows make it appear. If you aren’t prepared financially, the moment the hammer drops might turn into a frustrating experience. You have 28 days from the date of the auction to close on the property you won. In contrast to the time and difficulty involved in securing long-term finance like mortgages, [bridging loans](/bridging-loan-broker/) provide a quick and easy alternative for closing on auction properties. Whether you are buying land to build on or refurbishing a property, get the finance you need to complete the transaction. [Auction loans](/auction-finance/ "Auction Finance") are specialist products with unique features. This form of short-term finance has a fast turnaround time, and you can use it to buy residential or commercial property at auction. Once you have provided us with your details, we can start getting tailored offers in under half an hour. [ Contact Us ](/contact-us/) [![Service icon 2](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-2.jpg "service-icon-2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Bridging Finance in Glasgow](#) [Bridging loans](/bridging-loan-broker/) are short-term, secured loans typically used to get projects moving or meet short-term finance needs, and they typically have a tenure of between one and twelve months. Bridging loans are short-term loans that may be established in as little as a few days and used for any purpose until the borrower’s permanent financing is in place, which is often the result of the sale or refinancing of real estate. Bridging finance can be used in residential and commercial property transactions by house buyers, developers, landlords, and investors. These loans can be used for the acquisition of a property, the construction of a property, or the renovation of an existing property. Bridging financing is an option that may be pursued by people and corporations alike that are in need of quick liquidity. If you need fast access to funds to buy a property in without the usual delays, these loans are ideal. They are suitable for enterprises, individuals and developers for buying properties, renovation and other purposes. [ Contact Us ](/contact-us/) ![Bridging loans finance for downsizing](https://www.hankzarihs.com/wp-content/uploads/2025/06/bridging_loans_finance_for_downsizing.jpg "bridging_loans_finance_for_downsizing - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Construction finance for home property development](https://www.hankzarihs.com/wp-content/uploads/2025/06/construction_finance_for_home_property_development.jpg "construction_finance_for_home_property_development - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [![Service icon 3](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-3.jpg "service-icon-3 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Development Finance in Glasgow](#) We can help you find the best development loans in Glasgow from trusted and experienced lenders, making it quicker for you to access finance. A development loan can be used for the construction or renovation of a home, business, or other type of property. Experienced builders and developers may often secure development financing to help them bring their construction plans to fruition. Lenders who specialise in providing funds for property development will assess the property’s projected appreciation before extending credit. This form of short-term finance is used by landlords, developers and builders to cover refurbishment costs or the cost of the entire development. It is usually more suitable for experienced borrowers, but we can help new developers too. When a standard mortgage is unsuitable, [development finance](/development-finance/) can be a good alternative. [ Contact Us ](/contact-us/) [![Service icon 4](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-4.jpg "service-icon-4 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Term Loans in Glasgow](#) Get a term loan in Glasgow and repay it in regular instalments over a period of time. We can help you to access term loans with both variable and fixed interest rates. You could use a term loan for your HMO portfolio or for other purposes. This type of loan is suitable for all asset classes, and we will help you to find the right finance fast. A loan taken out by a company and required to be repaid over a certain amount of time is known as a term loan. The loan must be repaid by the company, and the interest rate might be either fixed or variable. Term loans are often only made accessible to already-established companies, and receiving one may need that the borrower make a sizeable initial down payment in order to lower the monthly payment amount and overall cost of the loan. Term loans are typically utilised for the acquisition of fixed assets such as land, buildings, or machinery; for long term investments such as the expansion or modernization of a business; and, on occasion, for the financing of projects. [ Contact Us ](/contact-us/) ![Short term mortgages to finance extensions](https://www.hankzarihs.com/wp-content/uploads/2025/06/short_term_mortgages_to_finance_extensions.jpg "short_term_mortgages_to_finance_extensions - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Morden Wharf riverside park](https://www.hankzarihs.com/wp-content/uploads/2025/06/Morden-Wharf-riverside-park.jpg "Morden-Wharf-riverside-park - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [![Service icon 5](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-5.jpg "service-icon-5 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Commercial Mortgages in Glasgow](#) Find the right commercial mortgage in Glasgow by contacting us today, and we will work with our panel of highly respected lenders to find the best deal for you. You can use a commercial mortgage to buy properties as well as improve properties or release equity. [Commercial mortgages](/commercial-mortgage-broker/) or sometimes referred to as “business mortgages” are loans with terms ranging from medium to long-term that can be used to finance the purchase of business premises or the acquisition of an already established company. A commercial mortgage may also be used to finance the purchase of an investment property with the intention of subsequently renting or leasing the property to another company. There are two main types of commercial mortgages. These include commercial investment mortgages for buying a property to rent and owner-occupied commercial mortgages, which you can use when you run your business from the building. Contact us to discuss your requirements. [ Contact Us ](/contact-us/) [![Service icon 6](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-6.jpg "service-icon-6 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Equity & JV Funding in Glasgow](#) We can help you to get JV funding in Glasgow if you need to purchase a property at auction and you need to find finance fast. Due to the large expense of developing properties, you often need tailored solutions. With this type of funding, the investor agrees to fund your venture in return for a share in the profits. Money for a project that is being developed by more than one developer is called a joint venture, equity development finance, or [JV development funding](/joint-venture-property-finance/). Unlike more conventional forms of property development financing, joint venture funding can provide access to up to 90% of the development expenditures for a project. In addition, developers with a history of successfully completing projects may be eligible for all available financing. Both well-run established developers and newer, less experienced players might struggle with cash flow issues. When you don’t have money set aside as a down payment for the next contract, you’re stuck with fewer alternatives and slower expansion. A Joint Venture (JV) structure, on the other hand, allows for the sharing of risks and costs while providing access to additional resources and expertise. JV funding can be a good option when you don’t want to wait to get your project moving, and it is suitable for experienced investors. [ Contact Us ](/contact-us/) ![1605 Camden Goods Yard](https://www.hankzarihs.com/wp-content/uploads/2025/06/1605-Camden-Goods-Yard.jpg "1605-Camden-Goods-Yard - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") H.Z.A ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Why choose Hank Zarihs Associates? At Hank Zarihs Associates, we work with experienced lenders who have excellent track records to make sure our clients access loan products from trusted lenders with the best rates. We can offer you a wide range of products in Glasgow and the UK, including products that you won’t normally find on the open market. We always work quickly and efficiently, so you can find the best bridging loan in Glasgow without delay, and we always provide tailored advice. We also take customer service very seriously and focus on developing long-term relationships with our clients. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) ##### OUR FOUR STEP SIMPLE SALES PROCESS ## Our Sales Process Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ ##### CONFUSED ABOUT FINANCE? #### Call & Discuss ##### WE WILL PACKAGE YOUR APPLICATION #### Submit Documents ## 01 Call us today to discuss your enquiry. We’ll find out what product is suited to your needs – we just need 5 mins of your time. Once we’ve received terms from our select panel of lenders, We’ll inform you of the options you have and then you’ll let us know which offer to proceed with. ## 02 ## 03 Once you’ve selected the perfect lender, we’ll go ahead and package the application on your behalf, making it a seamless and easy process. We’ll then instruct valuation and legals on the same day. Once the case has been submitted and the valuation report is back the case will be formally offered and funds can be made available to drawdown, subject to the legal due diligence being complete – From start to finish, we can have deals ready in as little as 7 working days. ## 04 ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/loan.png "loan - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### RECEIVE TERMS FROM LENDERS #### Compare Offers ##### FORMAL SUBMISSION #### Get your finance ## 01 ##### CONFUSED ABOUT FINANCE? ## Call & Discuss Call us today to discuss your enquiry. We’ll find out what product is suited to your needs – we just need 5 mins of your time. ##### RECEIVE TERMS FROM LENDERS ## Compare Offers Once we’ve received terms from our select panel of lenders, We’ll inform you of the options you have and then you’ll let us know which offer to proceed with. ## 02 ## 03 ##### WE WILL PACKAGE YOUR APPLICATION ## Submit Documents Once you’ve selected the perfect lender, we’ll go ahead and package the application on your behalf, making it a seamless and easy process. We’ll then instruct valuation and legals on the same day. ##### FORMAL SUBMISSION ## Get your finance Once the case has been submitted and the valuation report is back the case will be formally offered and funds can be made available to drawdown, subject to the legal due diligence being complete – From start to finish, we can have deals ready in as little as 7 working days. ## 04 ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/loan.png "loan - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [ Call Us Today & Get Started Now ](/contact-us/) **Tags:** Transparent Header --- ### [Bridging Loan Brokers Edinburgh](https://www.hankzarihs.com/edinburgh/) **Published:** June 18, 2025 **Author:** Shiraz Khan **Content:** # Bridging Loan Brokers Edinburgh . ### Providing Funding Solutions for Success Hank Zarihs Associates are experienced financial intermediaries specialising in development and investment funding. We have the experience and expertise required to present your project in a format which will satisfy the lending institutions credit committees. Before we take a project forward we conduct due diligence which enables us to select the most appropriate lender for each project. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) ## our services in Edinburgh As a professional bridging loan broker in Edinburgh, we pride ourselves on offering a range of expert services to our clients. [![Service icon 1](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-1.jpg "service-icon-1 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#auction-finance)### [Auction Finance](#auction-finance) - Funding agreed in minutes - Unmortgageable property - No proof of income [![Service icon 2](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-2.jpg "service-icon-2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#bridging-finance)### [Bridging Finance](#bridging-finance) - Lending up to 80% LTV - No exits fees - All asset classes [![Service icon 3](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-3.jpg "service-icon-3 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#development-finance)### [Development Finance](#development-finance) - Ground up and conversions - 100% of construction cost - 90% loan to cost [![Service icon 4](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-4.jpg "service-icon-4 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#term-loans)### [Term Loans](#term-loans) - Whole blocks - HMO portfolio - All asset classes [![Service icon 5](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-5.jpg "service-icon-5 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#commercial-mortgages)### [Commercial Mortgages](#commercial-mortgages) - Loans up to 70% LTV - Rates from 8.99% Pa - Low Exit Fees - Loans from £250,000 to £10m [![Service icon 6](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-6.jpg "service-icon-6 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#equity-funding)### [Equity & JV Funding](#equity-funding) - To purchase residential or commercial property quickly from an auction ![Layer 2](https://www.hankzarihs.com/wp-content/uploads/2024/09/Layer-2-1024x304.png "Layer 2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Buying Property At Auction](https://www.hankzarihs.com/wp-content/uploads/2025/06/Buying-Property-At-Auction.jpg "Buying-Property-At-Auction - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Service icon 1](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-1.jpg "service-icon-1 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")### Auction Finance in Edinburgh If you are considering purchasing a property in Edinburgh at auction, you may require specialist finance to facilitate the transaction. Whether you are looking to refurbish a property, purchase land for development or acquire a commercial or residential property, auction loans are a short-term lending product designed specifically for this purpose. [Auction loans](/auction-finance/ "Auction Finance") are designed for quick turnaround times, as auction purchases require completion within 28 working days or less. Unlike traditional long-term finance, auction finance is tailored to the specific requirements of the auction process, providing rapid access to funds to complete the transaction. With short-term auction finance, you can purchase property at auction in Edinburgh, whether commercial or residential, and gain rapid access to the funds required to complete the transaction. Speed is of the essence with auction finance, and our streamlined process ensures that our clients receive tailored offers within as little as 20 minutes. We understand that every client has unique requirements, and we work closely with our clients to provide bespoke lending solutions that meet their individual needs. Our team of experts has extensive experience in the auction finance market and understands the complexities involved in the auction process. If you are considering purchasing a property at auction in Edinburgh, our specialist auction loans can provide the short-term finance you require to complete the transaction. Contact us today to learn more about how we can assist you in securing the funds you need to achieve your property investment goals. [ Contact Us ](/contact-us/) [![Service icon 2](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-2.jpg "service-icon-2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Bridging Finance in Edinburgh](#) [Bridging loans](/bridging-loan-broker/) are a type of short-term finance designed to bridge the gap between purchase and long-term funding. They are a useful financing option in a variety of scenarios, such as when a property is sold as part of a chain or when there is a delay between purchasing the property and the funding arrangement. Many borrowers, including individuals, developers and enterprises, find bridging loans to be the preferred option when they require fast access to funds to acquire a property, without the delays and paperwork associated with traditional financing options. Bridging loans can be used for a variety of purposes, from renovating a property to purchasing a commercial property. However, it is important to note that these loans are complex and sophisticated, and may not be suitable for everyone. At our firm, we understand that every client has unique financing needs, and we work closely with our clients to provide bespoke solutions that meet their specific requirements. Our team of experts has extensive experience in the bridging loan market and understands the complexities involved in securing these types of loans. We pride ourselves on providing our clients with a fast, efficient, and hassle-free experience, and we work tirelessly to ensure that our clients receive the best possible terms and rates for their bridging loans. If you are considering a bridging loan as a financing option, contact us today to learn more about how we can assist you in securing the funds you need to achieve your investment goals. [ Contact Us ](/contact-us/) ![Bridging loans finance for downsizing](https://www.hankzarihs.com/wp-content/uploads/2025/06/bridging_loans_finance_for_downsizing.jpg "bridging_loans_finance_for_downsizing - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Construction finance for home property development](https://www.hankzarihs.com/wp-content/uploads/2025/06/construction_finance_for_home_property_development.jpg "construction_finance_for_home_property_development - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [![Service icon 3](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-3.jpg "service-icon-3 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Development Finance in Edinburgh](#) If you are a landlord, builder, or property developer seeking development loans in Edinburgh, our expert intermediary service can help you find the best options from trusted lenders with expertise in the field. Our lending panel includes a range of lenders who specialise in short-term development finance, making it quicker and easier for you to access the financing you need. [Short-term development finance](/development-finance/) is typically used to fund property refurbishment or development costs. This type of finance is suitable for experienced borrowers, but we can also help first-time developers navigate the complexities of securing development finance. Our development finance solutions can be useful for anyone who wants to purchase a property at auction or secure finance against a property that is not habitable, where a standard mortgage is not suitable. We work closely with our clients to provide bespoke lending solutions that meet their unique requirements. We work with our clients to simplify the process of accessing finance, helping them navigate the complex landscape of development finance and securing the best possible terms and rates for their financing needs. If you are seeking development loans in Edinburgh, contact us today to learn more about how we can assist you in securing the funds you need to achieve your property investment goals. [ Contact Us ](/contact-us/) [![Service icon 4](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-4.jpg "service-icon-4 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Term Loans in Edinburgh](#) We specialise in helping borrowers access suitable term loans for a wide range of purposes. In its simplest form, a term loan is a lump sum of money borrowed from a financial institution, such as a bank or lender. Funds are advanced by the lending institution and are repaid by the borrower, along with interest, over the course of several months to years. Term loan interest rates may be fixed or variable, but they are generally much lower than those associated with alternative forms of financing. [Term loans](/short-term-property-loans/) are versatile and may be used for anything from home improvements to funding a new company venture. They are particularly popular among business owners because they can be used for both short- and long-term goals. Whether you need a term loan for your HMO portfolio or whole blocks, our team can help you find the finance you need quickly and easily. Term loans are suitable for all asset classes, and we have the expertise to assist you in securing the optimal financing solution to meet your specific needs. We work closely with our clients to provide bespoke lending solutions that meet their unique requirements, and we strive to ensure that our clients receive the best possible terms and rates for their term loans. [ Contact Us ](/contact-us/) ![Short term mortgages to finance extensions](https://www.hankzarihs.com/wp-content/uploads/2025/06/short_term_mortgages_to_finance_extensions.jpg "short_term_mortgages_to_finance_extensions - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Morden Wharf riverside park](https://www.hankzarihs.com/wp-content/uploads/2025/06/Morden-Wharf-riverside-park.jpg "Morden-Wharf-riverside-park - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [![Service icon 5](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-5.jpg "service-icon-5 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Commercial Mortgages in Edinburgh](#) If you are looking to purchase a building with the intention of using it as collateral for a loan against the property where your company is located, a commercial mortgage may be a workable financing solution for you. However, in order to successfully qualify for a commercial mortgage, you will need to consult with a mortgage counsellor, as there is no one product on the market that will fulfil all of your financing needs. A [commercial mortgage](/commercial-mortgage-broker/) refers to a specific form of mortgage loan taken out on non-residential, or “commercial,” real estate. These loans can be used to buy or refinance commercial assets, such as office space for a business or rental property for investors. They are flexible enough to be utilised for funding entire commercial, mixed-use, and even vacant land sites. **Types of Commercial Mortgages** Commercial loans for owner-occupied properties When a property is being purchased for the buyer’s own business to operate from, an owner-occupied commercial mortgage, also known as a business mortgage, is the financing solution employed. These types of mortgages are specifically designed for business owners looking to purchase commercial property for their own use. An owner-occupied commercial mortgage allows business owners to secure long-term financing for the acquisition of commercial property. This type of mortgage is typically secured against the property being purchased and can be used for a variety of purposes, including the purchase of a new premises, the expansion of an existing business, or the refinancing of an existing loan. One of the key advantages of owner-occupied commercial mortgages is that they offer a more affordable and stable source of financing compared to other types of commercial loans. They also offer the opportunity to build equity in the property over time, which can be leveraged for future financing needs. Commercial investment mortgages If you plan on renting out your commercial property to another company, you will need to apply for a commercial investment mortgage, often known as a commercial buy-to-let mortgage. This type of financing is the commercial equivalent of a “[buy-to-let](/buy-to-let-mortgages/)” mortgage and is designed for individuals or companies looking to purchase commercial property for the purpose of renting it out to other businesses. A commercial investment mortgage allows investors to secure long-term financing for the acquisition of commercial property, which can generate income through rental payments. This type of financing is secured against the property being purchased and can be used for a variety of purposes, including the purchase of an investment property or the refinancing of an existing loan. One of the key advantages of commercial investment mortgages is that they offer a more stable and affordable source of financing compared to other types of commercial loans. Additionally, they offer the opportunity to generate income and build equity in the property over time, which can be leveraged for future financing needs. Interest only commercial mortgages Interest-only commercial mortgages are a type of financing solution in which the monthly payments are limited to the interest amount. This offers the benefit of reducing your monthly mortgage payment, which can be particularly helpful for businesses with limited cash flow. However, it is important to note that an interest-only commercial mortgage will increase the total interest you pay on your business loan. An interest-only commercial mortgage is typically structured with a fixed term, and the loan must be repaid in full or refinanced through a commercial remortgage at the conclusion of the mortgage term. This type of financing can be particularly beneficial for businesses that require short-term financing or have seasonal fluctuations in their income. One of the key advantages of interest-only commercial mortgages is that they offer greater flexibility in terms of monthly payments, which can help businesses manage their cash flow more effectively. Additionally, interest-only mortgages can be beneficial for businesses that are looking to invest in other areas of their operations, such as equipment or personnel. Capital repayment commercial mortgages Capital repayment mortgages are a type of commercial mortgage in which monthly payments cover both the principal balance and the interest accrued on the loan. This structure ensures that the loan balance is paid off progressively over the course of the mortgage term. This type of financing can be particularly beneficial for businesses that are looking to own their commercial property outright at the end of the loan term. With a capital repayment mortgage, borrowers will need to make larger payments toward their mortgage each month compared to an interest-only mortgage. However, this structure provides peace of mind, as it ensures that the property will be paid off in full by the end of the loan term. One of the key advantages of capital repayment mortgages is that they offer greater long-term financial stability compared to interest-only mortgages. Additionally, they provide borrowers with the opportunity to build equity in their commercial property over time. Fixed rate commercial mortgages Fixed rate commercial mortgages are a type of financing solution in which the interest rate remains the same for the duration of the loan term, typically between two and five years. This structure provides borrowers with the peace of mind of knowing that their monthly repayments will remain constant throughout the fixed rate term, regardless of any changes in the Bank of England Base Rate during that time period. With a fixed rate commercial mortgage, borrowers will not benefit from any decreases in interest rates during the fixed rate term. However, they will profit from the increase in interest rates, as their monthly repayments will not change. One of the key advantages of fixed rate commercial mortgages is that they offer greater financial stability and predictability for businesses. This can be particularly beneficial for businesses with limited cash flow or those that are looking to manage their expenses more effectively. Variable interest rate commercial mortgages Variable rate commercial mortgages are a type of financing solution in which the interest rate is not fixed, and therefore, may fluctuate over the course of the loan term. This means that if interest rates rise or fall, the interest rate and consequently the borrower’s monthly payments may also change. The variable rate structure of commercial mortgages means that borrowers may benefit from decreases in interest rates, resulting in lower monthly payments. However, they may also be subject to increases in interest rates, which can result in higher monthly payments. One of the key advantages of variable rate commercial mortgages is that they offer borrowers the potential to benefit from fluctuations in interest rates. Additionally, they can provide businesses with greater flexibility in managing their finances. [ Contact Us ](/contact-us/) [![Service icon 6](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-6.jpg "service-icon-6 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Equity & JV Funding in Edinburgh](#) [Joint venture finance](/joint-venture-property-finance/) is an increasingly popular financing solution for property development in Edinburgh and across the UK. Property development, whether from scratch or through the development of new properties, can be an expensive endeavour, and the demand for finance is high. Joint ventures offer tailored solutions to meet the unique financing needs of property developers. This type of finance involves an investor or partner agreeing to fund the property venture in exchange for a share of the profits. Joint venture finance is particularly useful for property developers who want to get a project moving quickly but may not have sufficient capital at the time. It is most suitable for experienced developers who have a proven track record in property development. [ Contact Us ](/contact-us/) ![1605 Camden Goods Yard](https://www.hankzarihs.com/wp-content/uploads/2025/06/1605-Camden-Goods-Yard.jpg "1605-Camden-Goods-Yard - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") H.Z.A ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Why choose Hank Zarihs Associates? When it comes to finding a bridging loan broker in Edinburgh, there are many options available, but not all brokers are created equal. Access to the Best Rates and Loan Products from Trusted Lenders We work with a panel of respected and experienced lenders with excellent track records, providing our clients with access to the best rates and loan products available on the market. Wide Range of Loan Products Most bridging loans in Edinburgh are specialist products not available on the open market. We can get you access to a wide range of loans and deals that you would not find searching directly. Fast and Efficient Service We understand that time is of the essence when it comes to bridging loans. Our streamlined process enables us to find the right bridging loan for you in minutes, gather information and quotes from lenders within the hour, and arrange your loan within days. Tailored Advice and Transparent Information We provide tailored advice to our Edinburgh clients and transparent information throughout the lending process, ensuring you have full confidence in the products we secure for you. Exemplary Customer Service At Hank Zarihs Associates, we focus on building long-term relationships with our clients based on providing maximum value. Our superb track record speaks for itself. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) ##### OUR FOUR STEP SIMPLE SALES PROCESS ## Our Sales Process Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ ##### CONFUSED ABOUT FINANCE? #### Call & Discuss ##### WE WILL PACKAGE YOUR APPLICATION #### Submit Documents ## 01 Call us today to discuss your enquiry. We’ll find out what product is suited to your needs – we just need 5 mins of your time. Once we’ve received terms from our select panel of lenders, We’ll inform you of the options you have and then you’ll let us know which offer to proceed with. ## 02 ## 03 Once you’ve selected the perfect lender, we’ll go ahead and package the application on your behalf, making it a seamless and easy process. We’ll then instruct valuation and legals on the same day. Once the case has been submitted and the valuation report is back the case will be formally offered and funds can be made available to drawdown, subject to the legal due diligence being complete – From start to finish, we can have deals ready in as little as 7 working days. ## 04 ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/loan.png "loan - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### RECEIVE TERMS FROM LENDERS #### Compare Offers ##### FORMAL SUBMISSION #### Get your finance ## 01 ##### CONFUSED ABOUT FINANCE? ## Call & Discuss Call us today to discuss your enquiry. We’ll find out what product is suited to your needs – we just need 5 mins of your time. ##### RECEIVE TERMS FROM LENDERS ## Compare Offers Once we’ve received terms from our select panel of lenders, We’ll inform you of the options you have and then you’ll let us know which offer to proceed with. ## 02 ## 03 ##### WE WILL PACKAGE YOUR APPLICATION ## Submit Documents Once you’ve selected the perfect lender, we’ll go ahead and package the application on your behalf, making it a seamless and easy process. We’ll then instruct valuation and legals on the same day. ##### FORMAL SUBMISSION ## Get your finance Once the case has been submitted and the valuation report is back the case will be formally offered and funds can be made available to drawdown, subject to the legal due diligence being complete – From start to finish, we can have deals ready in as little as 7 working days. ## 04 ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/loan.png "loan - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [ Call Us Today & Get Started Now ](/contact-us/) **Tags:** Transparent Header --- ### [Bridging Loan Brokers Derby](https://www.hankzarihs.com/derby/) **Published:** June 18, 2025 **Author:** Shiraz Khan **Content:** # Bridging Loan Brokers Derby. ### Providing Funding Solutions for Success Hank Zarihs Associates is a team of skilled financial intermediaries who specialise in providing funding solutions for development and investment. Our expertise and experience enable us to present your project to lending institutions in a way that meets their credit committee’s requirements. We conduct due diligence on all projects to identify the best lenders and funding options available. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) ## our services in Derby As a professional bridging loan broker in Derby, we pride ourselves on offering a range of expert services to our clients. [![Service icon 1](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-1.jpg "service-icon-1 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#auction-finance)### [Auction Finance](#auction-finance) - Funding agreed in minutes - Unmortgageable property - No proof of income [![Service icon 2](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-2.jpg "service-icon-2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#bridging-finance)### [Bridging Finance](#bridging-finance) - Lending up to 80% LTV - No exits fees - All asset classes [![Service icon 3](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-3.jpg "service-icon-3 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#development-finance)### [Development Finance](#development-finance) - Ground up and conversions - 100% of construction cost - 90% loan to cost [![Service icon 4](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-4.jpg "service-icon-4 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#term-loans)### [Term Loans](#term-loans) - Whole blocks - HMO portfolio - All asset classes [![Service icon 5](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-5.jpg "service-icon-5 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#commercial-mortgages)### [Commercial Mortgages](#commercial-mortgages) - Loans up to 70% LTV - Rates from 8.99% Pa - Low Exit Fees - Loans from £250,000 to £10m [![Service icon 6](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-6.jpg "service-icon-6 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#equity-funding)### [Equity & JV Funding](#equity-funding) - To purchase residential or commercial property quickly from an auction ![Layer 2](https://www.hankzarihs.com/wp-content/uploads/2024/09/Layer-2-1024x304.png "Layer 2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Buying Property At Auction](https://www.hankzarihs.com/wp-content/uploads/2025/06/Buying-Property-At-Auction.jpg "Buying-Property-At-Auction - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Service icon 1](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-1.jpg "service-icon-1 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")### Auction Finance in Derby The process of buying a property in Derby through an auction can be challenging and requires specialist financing to facilitate the transaction. [Auction loans](/auction-finance/ "Auction Finance") are short-term lending solutions designed explicitly for property investments, such as property renovation, land development, and commercial or residential property acquisition. Auction loans are engineered for quick turnaround times, providing swift access to the funds necessary to complete the transaction within 28 working days or less. Unlike traditional long-term finance, auction finance is custom-tailored to meet the unique needs of the auction process. This allows investors to take advantage of time-sensitive opportunities in Derby’s property market. Auction finance requires specialised expertise to navigate the intricacies of the auction process. Our team of experts has extensive experience in the auction finance market and is well-versed in the intricacies of the auction process. We work closely with each client to provide bespoke lending solutions that fit their individual requirements, ensuring successful completion of the transaction. Every client has unique financing needs, and our lending solutions are custom-tailored to meet those specific requirements. This allows investors to choose the right lending solution for their property investment goals. Our flexible lending solutions can accommodate a range of property investments, from commercial or residential acquisitions to land development and property renovation. [ Contact Us ](/contact-us/) [![Service icon 2](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-2.jpg "service-icon-2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Bridging Finance in Derby](#) Investing in property can be a lucrative venture, but securing long-term financing can be a challenging process. [Bridging loans](/bridging-loan-broker/) provide a short-term finance option designed to bridge the gap between the purchase of a property and the arrangement of long-term funding. This paper will analyse the advantages of bridging loans for property investment. **Advantages of Bridging Loans** Bridging loans provide quick access to funds, making them an ideal solution for individuals, developers, and enterprises who need to act quickly to secure a property or investment opportunity. Unlike traditional financing options, bridging loans do not require lengthy paperwork or delays associated with long-term financing options. This type of investment can be used for a variety of purposes, including property renovation, purchasing a commercial property, or any other investment that requires quick access to funds. This flexibility allows investors to take advantage of time-sensitive opportunities in the property market. Bridging loans can also be customised to meet the unique financing needs of individual investors. This ensures that investors receive the right financing option for their investment goals. The customized solutions can be tailored to a variety of purposes, including specific investment projects or particular stages of property development. At Hank Zarihs, our team of experts has extensive experience in the bridging loan market and understands the intricacies of the process. We can provide customised solutions to meet the unique financing needs of individual investors. This ensures that investors receive the right financing option for their investment goals and can be tailored to a variety of purposes, including specific investment projects or particular stages of property development. [ Contact Us ](/contact-us/) ![Bridging loans finance for downsizing](https://www.hankzarihs.com/wp-content/uploads/2025/06/bridging_loans_finance_for_downsizing.jpg "bridging_loans_finance_for_downsizing - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Construction finance for home property development](https://www.hankzarihs.com/wp-content/uploads/2025/06/construction_finance_for_home_property_development.jpg "construction_finance_for_home_property_development - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [![Service icon 3](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-3.jpg "service-icon-3 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Development Finance in Derby](#) If you’re a landlord, builder, or property developer seeking development loans in Derby, our expert intermediary service is here to assist you. We work with a panel of trusted lenders who specialise in [short-term development finance](/development-finance/), making it easier for you to access the financing you need. Development finance is a type of financing used to fund property refurbishment or development costs. It is a suitable option for experienced borrowers, but we can also assist first-time developers in navigating the complexities of securing development finance. Our lending panel comprises a range of lenders specialising in short-term development finance and are ideal for anyone seeking to purchase a property at auction or secure finance against an uninhabitable property, where a standard mortgage is not applicable. We pride ourselves on simplifying the process of accessing finance. Our team of experienced professionals is dedicated to providing you with the highest level of service, helping you realise your property development ambitions. We assist our clients in navigating the complex landscape of development finance and securing the best possible terms and rates for their financing needs. [ Contact Us ](/contact-us/) [![Service icon 4](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-4.jpg "service-icon-4 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Term Loans in Derby](#) If you are seeking a lump sum of money to finance a personal project or business venture in Derby, term loans may be the ideal solution for you. As experts in helping borrowers find the right financing solutions, we specialise in connecting you with lenders who offer the most competitive rates and flexible terms to cater to your specific needs. A [term loan](/short-term-property-loans/) is a lump sum of money borrowed from a financial institution, such as a lender or bank. The borrower receives the funds upfront and pays back the principal amount plus interest over several months or years. These loans are versatile and can be used for various purposes, such as home renovations, debt consolidation, or funding a new business. One of the primary advantages of term loans is that they have lower interest rates compared to other types of financing. Interest rates may be fixed or variable, but they are generally lower than credit card rates or lines of credit. Another advantage is that term loans offer flexible repayment terms that can be customised to suit your specific requirements. Term loans are particularly popular among business owners because they can be used for both short – and long – term goals. Whether you need funding for a new project, expanding your business, or simply managing cash flow, term loans can provide the necessary capital to help you achieve your goals. Our expert term loan service offers a wide range of options for borrowers seeking financing solutions. We work with a variety of lenders and financial institutions to offer you the best financing options and competitive rates. [ Contact Us ](/contact-us/) ![Short term mortgages to finance extensions](https://www.hankzarihs.com/wp-content/uploads/2025/06/short_term_mortgages_to_finance_extensions.jpg "short_term_mortgages_to_finance_extensions - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Morden Wharf riverside park](https://www.hankzarihs.com/wp-content/uploads/2025/06/Morden-Wharf-riverside-park.jpg "Morden-Wharf-riverside-park - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [![Service icon 5](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-5.jpg "service-icon-5 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Commercial Mortgages in Derby](#) Are you a business owner in need of financing for your commercial property in Derby? A commercial mortgage may be the perfect solution for you. A [commercial mortgage](/commercial-mortgage-broker/) is a loan that is secured against commercial real estate properties. Unlike residential mortgages, commercial mortgages are specifically designed for businesses or investors who are looking to purchase or refinance non-residential properties such as office spaces, rental properties, mixed-use buildings, and even vacant land sites. One of the main benefits of a commercial mortgage is the flexibility it offers. These loans can be customised to fit your specific financing needs and offer longer repayment periods than other forms of financing. Additionally, interest rates are typically lower compared to unsecured loans or credit cards. Qualifying for a commercial mortgage can be more complex than qualifying for a residential mortgage. Factors that lenders consider when evaluating a commercial mortgage application include the property type and value, your business’s financial history and creditworthiness, the amount of money you are requesting, and your ability to make repayments on time. To successfully qualify for a commercial mortgage, it’s important to consult with our advisors who can guide you through the process and help you find the best financing solution for your specific needs. [ Contact Us ](/contact-us/) [![Service icon 6](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-6.jpg "service-icon-6 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Equity & JV Funding in Derby](#) As a property developer in Derby or anywhere in the UK, you understand the challenges of financing development projects. The high costs of financing can be overwhelming, especially if you don’t have sufficient capital. Fortunately, joint venture finance is an increasingly popular solution that can help you meet your unique financing needs and propel your projects forward. [Joint venture finance](/joint-venture-property-finance/) is a financing solution that involves an investor or partner funding a property development project in exchange for a share of the profits. Essentially, it’s a partnership between the property developer and the investor, where the investor provides the necessary capital to fund the project, and the developer manages the development process. **Benefits of Joint Venture Finance** Joint venture finance allows property developers to kickstart their projects quickly, even if they don’t have sufficient capital at the time. This is because the investor is putting up the funds needed to get the project off the ground. - Tailored solutions that meet the specific financing needs of property developers. Every project is unique, and joint venture finance can be customised to meet the needs of each development, making it a highly flexible option. - Minimised Risk for experienced property developers who have a proven track record in property development. Investors want to see that their investment is going to be managed by someone with a successful history in property development. Joint venture finance can help you minimise your risk, as you’ll be sharing the risks and rewards of the development project with the investor. If you’re an experienced property developer, joint venture finance can be an excellent option for you. It can provide you with the capital you need to get your projects moving quickly, without having to worry about finding the funds yourself. [ Contact Us ](/contact-us/) ![1605 Camden Goods Yard](https://www.hankzarihs.com/wp-content/uploads/2025/06/1605-Camden-Goods-Yard.jpg "1605-Camden-Goods-Yard - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") H.Z.A ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Why choose Hank Zarihs Associates? When it comes to finding a bridging loan broker in Derby, there are many options available, but not all brokers are created equal. Access to the Best Rates and Loan Products from Trusted Lenders We work with a panel of respected and experienced lenders with excellent track records, providing our clients with access to the best rates and loan products available on the market. Wide Range of Loan Products Most bridging loans in Derby are specialist products not available on the open market. We can get you access to a wide range of loans and deals that you would not find searching directly. Fast and Efficient Service We understand that time is of the essence when it comes to bridging loans. Our streamlined process enables us to find the right bridging loan for you in minutes, gather information and quotes from lenders within the hour, and arrange your loan within days. Tailored Advice and Transparent Information We provide tailored advice to our Derby clients and transparent information throughout the lending process, ensuring you have full confidence in the products we secure for you. Exemplary Customer Service At Hank Zarihs Associates, we focus on building long-term relationships with our clients based on providing maximum value. Our superb track record speaks for itself. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) ##### OUR FOUR STEP SIMPLE SALES PROCESS ## Our Sales Process Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ ##### CONFUSED ABOUT FINANCE? #### Call & Discuss ##### WE WILL PACKAGE YOUR APPLICATION #### Submit Documents ## 01 Call us today to discuss your enquiry. We’ll find out what product is suited to your needs – we just need 5 mins of your time. Once we’ve received terms from our select panel of lenders, We’ll inform you of the options you have and then you’ll let us know which offer to proceed with. ## 02 ## 03 Once you’ve selected the perfect lender, we’ll go ahead and package the application on your behalf, making it a seamless and easy process. We’ll then instruct valuation and legals on the same day. Once the case has been submitted and the valuation report is back the case will be formally offered and funds can be made available to drawdown, subject to the legal due diligence being complete – From start to finish, we can have deals ready in as little as 7 working days. ## 04 ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/loan.png "loan - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### RECEIVE TERMS FROM LENDERS #### Compare Offers ##### FORMAL SUBMISSION #### Get your finance ## 01 ##### CONFUSED ABOUT FINANCE? ## Call & Discuss Call us today to discuss your enquiry. We’ll find out what product is suited to your needs – we just need 5 mins of your time. ##### RECEIVE TERMS FROM LENDERS ## Compare Offers Once we’ve received terms from our select panel of lenders, We’ll inform you of the options you have and then you’ll let us know which offer to proceed with. ## 02 ## 03 ##### WE WILL PACKAGE YOUR APPLICATION ## Submit Documents Once you’ve selected the perfect lender, we’ll go ahead and package the application on your behalf, making it a seamless and easy process. We’ll then instruct valuation and legals on the same day. ##### FORMAL SUBMISSION ## Get your finance Once the case has been submitted and the valuation report is back the case will be formally offered and funds can be made available to drawdown, subject to the legal due diligence being complete – From start to finish, we can have deals ready in as little as 7 working days. ## 04 ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/loan.png "loan - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [ Call Us Today & Get Started Now ](/contact-us/) **Tags:** Transparent Header --- ### [Bridging Loan Brokers Coventry](https://www.hankzarihs.com/coventry/) **Published:** June 17, 2025 **Author:** Shiraz Khan **Content:** # Bridging Loan Brokers Coventry . ### Providing Funding Solutions for Success Hank Zarihs Associates is a team of skilled financial intermediaries who specialise in providing funding solutions for development and investment. Our expertise and experience enable us to present your project to lending institutions in a way that meets their credit committee’s requirements. We conduct due diligence on all projects to identify the best lenders and funding options available. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) ## our services in Coventry As a professional bridging loan broker in Coventry, we pride ourselves on offering a range of expert services to our clients. [![Service icon 1](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-1.jpg "service-icon-1 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#auction-finance)### [Auction Finance](#auction-finance) - Funding agreed in minutes - Unmortgageable property - No proof of income [![Service icon 2](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-2.jpg "service-icon-2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#bridging-finance)### [Bridging Finance](#bridging-finance) - Lending up to 80% LTV - No exits fees - All asset classes [![Service icon 3](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-3.jpg "service-icon-3 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#development-finance)### [Development Finance](#development-finance) - Ground up and conversions - 100% of construction cost - 90% loan to cost [![Service icon 4](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-4.jpg "service-icon-4 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#term-loans)### [Term Loans](#term-loans) - Whole blocks - HMO portfolio - All asset classes [![Service icon 5](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-5.jpg "service-icon-5 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#commercial-mortgages)### [Commercial Mortgages](#commercial-mortgages) - Loans up to 70% LTV - Rates from 8.99% Pa - Low Exit Fees - Loans from £250,000 to £10m [![Service icon 6](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-6.jpg "service-icon-6 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#equity-funding)### [Equity & JV Funding](#equity-funding) - To purchase residential or commercial property quickly from an auction ![Layer 2](https://www.hankzarihs.com/wp-content/uploads/2024/09/Layer-2-1024x304.png "Layer 2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Buying Property At Auction](https://www.hankzarihs.com/wp-content/uploads/2025/06/Buying-Property-At-Auction.jpg "Buying-Property-At-Auction - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Service icon 1](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-1.jpg "service-icon-1 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")### Auction Finance in Coventry The process of buying a property in Coventry through an auction can be challenging and requires specialist financing to facilitate the transaction. [Auction loans](/auction-finance/ "Auction Finance") are short-term lending solutions designed explicitly for property investments, such as property renovation, land development, and commercial or residential property acquisition. Auction loans are engineered for quick turnaround times, providing swift access to the funds necessary to complete the transaction within 28 working days or less. Unlike traditional long-term finance, auction finance is custom-tailored to meet the unique needs of the auction process. This allows investors to take advantage of time-sensitive opportunities in Coventry’s property market. Auction finance requires specialised expertise to navigate the intricacies of the auction process. Our team of experts has extensive experience in the auction finance market and is well-versed in the intricacies of the auction process. We work closely with each client to provide bespoke lending solutions that fit their individual requirements, ensuring successful completion of the transaction. Every client has unique financing needs, and our lending solutions are custom-tailored to meet those specific requirements. This allows investors to choose the right lending solution for their property investment goals. Our flexible lending solutions can accommodate a range of property investments, from commercial or residential acquisitions to land development and property renovation. [ Contact Us ](/contact-us/) [![Service icon 2](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-2.jpg "service-icon-2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Bridging Finance in Coventry](#) Investing in property can be a lucrative venture, but securing long-term financing can be a challenging process. [Bridging loans](/bridging-loan-broker/) provide a short-term finance option designed to bridge the gap between the purchase of a property and the arrangement of long-term funding. This paper will analyse the advantages of bridging loans for property investment. **Advantages of Bridging Loans** Bridging loans provide quick access to funds, making them an ideal solution for individuals, developers, and enterprises who need to act quickly to secure a property or investment opportunity. Unlike traditional financing options, bridging loans do not require lengthy paperwork or delays associated with long-term financing options. This type of investment can be used for a variety of purposes, including property renovation, purchasing a commercial property, or any other investment that requires quick access to funds. This flexibility allows investors to take advantage of time-sensitive opportunities in the property market. Bridging loans can also be customised to meet the unique financing needs of individual investors. This ensures that investors receive the right financing option for their investment goals. The customized solutions can be tailored to a variety of purposes, including specific investment projects or particular stages of property development. At Hank Zarihs, our team of experts has extensive experience in the bridging loan market and understands the intricacies of the process. We can provide customised solutions to meet the unique financing needs of individual investors. This ensures that investors receive the right financing option for their investment goals and can be tailored to a variety of purposes, including specific investment projects or particular stages of property development. [ Contact Us ](/contact-us/) ![Bridging loans finance for downsizing](https://www.hankzarihs.com/wp-content/uploads/2025/06/bridging_loans_finance_for_downsizing.jpg "bridging_loans_finance_for_downsizing - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Construction finance for home property development](https://www.hankzarihs.com/wp-content/uploads/2025/06/construction_finance_for_home_property_development.jpg "construction_finance_for_home_property_development - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [![Service icon 3](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-3.jpg "service-icon-3 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Development Finance in Coventry](#) If you’re a landlord, builder, or property developer seeking development loans in Coventry, our expert intermediary service is here to assist you. We work with a panel of trusted lenders who specialise in [short-term development finance](/development-finance/), making it easier for you to access the financing you need. Development finance is a type of financing used to fund property refurbishment or development costs. It is a suitable option for experienced borrowers, but we can also assist first-time developers in navigating the complexities of securing development finance. Our lending panel comprises a range of lenders specialising in short-term development finance and are ideal for anyone seeking to purchase a property at auction or secure finance against an uninhabitable property, where a standard mortgage is not applicable. We pride ourselves on simplifying the process of accessing finance. Our team of experienced professionals is dedicated to providing you with the highest level of service, helping you realise your property development ambitions. We assist our clients in navigating the complex landscape of development finance and securing the best possible terms and rates for their financing needs. [ Contact Us ](/contact-us/) [![Service icon 4](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-4.jpg "service-icon-4 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Term Loans in Coventry](#) If you are seeking a lump sum of money to finance a personal project or business venture in Coventry, term loans may be the ideal solution for you. As experts in helping borrowers find the right financing solutions, we specialise in connecting you with lenders who offer the most competitive rates and flexible terms to cater to your specific needs. A [term loan](/short-term-property-loans/) is a lump sum of money borrowed from a financial institution, such as a lender or bank. The borrower receives the funds upfront and pays back the principal amount plus interest over several months or years. These loans are versatile and can be used for various purposes, such as home renovations, debt consolidation, or funding a new business. One of the primary advantages of term loans is that they have lower interest rates compared to other types of financing. Interest rates may be fixed or variable, but they are generally lower than credit card rates or lines of credit. Another advantage is that term loans offer flexible repayment terms that can be customised to suit your specific requirements. Term loans are particularly popular among business owners because they can be used for both short – and long – term goals. Whether you need funding for a new project, expanding your business, or simply managing cash flow, term loans can provide the necessary capital to help you achieve your goals. Our expert term loan service offers a wide range of options for borrowers seeking financing solutions. We work with a variety of lenders and financial institutions to offer you the best financing options and competitive rates. [ Contact Us ](/contact-us/) ![Short term mortgages to finance extensions](https://www.hankzarihs.com/wp-content/uploads/2025/06/short_term_mortgages_to_finance_extensions.jpg "short_term_mortgages_to_finance_extensions - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Morden Wharf riverside park](https://www.hankzarihs.com/wp-content/uploads/2025/06/Morden-Wharf-riverside-park.jpg "Morden-Wharf-riverside-park - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [![Service icon 5](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-5.jpg "service-icon-5 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Commercial Mortgages in Coventry](#) Are you a business owner in need of financing for your commercial property in Coventry? A commercial mortgage may be the perfect solution for you. A [commercial mortgage](/commercial-mortgage-broker/) is a loan that is secured against commercial real estate properties. Unlike residential mortgages, commercial mortgages are specifically designed for businesses or investors who are looking to purchase or refinance non-residential properties such as office spaces, rental properties, mixed-use buildings, and even vacant land sites. One of the main benefits of a commercial mortgage is the flexibility it offers. These loans can be customised to fit your specific financing needs and offer longer repayment periods than other forms of financing. Additionally, interest rates are typically lower compared to unsecured loans or credit cards. Qualifying for a commercial mortgage can be more complex than qualifying for a residential mortgage. Factors that lenders consider when evaluating a commercial mortgage application include the property type and value, your business’s financial history and creditworthiness, the amount of money you are requesting, and your ability to make repayments on time. To successfully qualify for a commercial mortgage, it’s important to consult with our advisors who can guide you through the process and help you find the best financing solution for your specific needs. [ Contact Us ](/contact-us/) [![Service icon 6](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-6.jpg "service-icon-6 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Equity & JV Funding in Coventry](#) As a property developer in Coventry or anywhere in the UK, you understand the challenges of financing development projects. The high costs of financing can be overwhelming, especially if you don’t have sufficient capital. Fortunately, joint venture finance is an increasingly popular solution that can help you meet your unique financing needs and propel your projects forward. [Joint venture finance](/joint-venture-property-finance/) is a financing solution that involves an investor or partner funding a property development project in exchange for a share of the profits. Essentially, it’s a partnership between the property developer and the investor, where the investor provides the necessary capital to fund the project, and the developer manages the development process. **Benefits of Joint Venture Finance** Joint venture finance allows property developers to kickstart their projects quickly, even if they don’t have sufficient capital at the time. This is because the investor is putting up the funds needed to get the project off the ground. - Tailored solutions that meet the specific financing needs of property developers. Every project is unique, and joint venture finance can be customised to meet the needs of each development, making it a highly flexible option. - Minimised Risk for experienced property developers who have a proven track record in property development. Investors want to see that their investment is going to be managed by someone with a successful history in property development. Joint venture finance can help you minimise your risk, as you’ll be sharing the risks and rewards of the development project with the investor. If you’re an experienced property developer, joint venture finance can be an excellent option for you. It can provide you with the capital you need to get your projects moving quickly, without having to worry about finding the funds yourself. [ Contact Us ](/contact-us/) ![1605 Camden Goods Yard](https://www.hankzarihs.com/wp-content/uploads/2025/06/1605-Camden-Goods-Yard.jpg "1605-Camden-Goods-Yard - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") H.Z.A ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Why choose Hank Zarihs Associates? When it comes to finding a bridging loan broker in Coventry, there are many options available, but not all brokers are created equal. Access to the Best Rates and Loan Products from Trusted Lenders We work with a panel of respected and experienced lenders with excellent track records, providing our clients with access to the best rates and loan products available on the market. Wide Range of Loan Products Most bridging loans in Coventry are specialist products not available on the open market. We can get you access to a wide range of loans and deals that you would not find searching directly. Fast and Efficient Service We understand that time is of the essence when it comes to bridging loans. Our streamlined process enables us to find the right bridging loan for you in minutes, gather information and quotes from lenders within the hour, and arrange your loan within days. Tailored Advice and Transparent Information We provide tailored advice to our Coventry clients and transparent information throughout the lending process, ensuring you have full confidence in the products we secure for you. Exemplary Customer Service At Hank Zarihs Associates, we focus on building long-term relationships with our clients based on providing maximum value. Our superb track record speaks for itself. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) ##### OUR FOUR STEP SIMPLE SALES PROCESS ## Our Sales Process Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ ##### CONFUSED ABOUT FINANCE? #### Call & Discuss ##### WE WILL PACKAGE YOUR APPLICATION #### Submit Documents ## 01 Call us today to discuss your enquiry. We’ll find out what product is suited to your needs – we just need 5 mins of your time. Once we’ve received terms from our select panel of lenders, We’ll inform you of the options you have and then you’ll let us know which offer to proceed with. ## 02 ## 03 Once you’ve selected the perfect lender, we’ll go ahead and package the application on your behalf, making it a seamless and easy process. We’ll then instruct valuation and legals on the same day. Once the case has been submitted and the valuation report is back the case will be formally offered and funds can be made available to drawdown, subject to the legal due diligence being complete – From start to finish, we can have deals ready in as little as 7 working days. ## 04 ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/loan.png "loan - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### RECEIVE TERMS FROM LENDERS #### Compare Offers ##### FORMAL SUBMISSION #### Get your finance ## 01 ##### CONFUSED ABOUT FINANCE? ## Call & Discuss Call us today to discuss your enquiry. We’ll find out what product is suited to your needs – we just need 5 mins of your time. ##### RECEIVE TERMS FROM LENDERS ## Compare Offers Once we’ve received terms from our select panel of lenders, We’ll inform you of the options you have and then you’ll let us know which offer to proceed with. ## 02 ## 03 ##### WE WILL PACKAGE YOUR APPLICATION ## Submit Documents Once you’ve selected the perfect lender, we’ll go ahead and package the application on your behalf, making it a seamless and easy process. We’ll then instruct valuation and legals on the same day. ##### FORMAL SUBMISSION ## Get your finance Once the case has been submitted and the valuation report is back the case will be formally offered and funds can be made available to drawdown, subject to the legal due diligence being complete – From start to finish, we can have deals ready in as little as 7 working days. ## 04 ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/loan.png "loan - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [ Call Us Today & Get Started Now ](/contact-us/) **Tags:** Transparent Header --- ### [Bridging Loan Brokers Cardiff](https://www.hankzarihs.com/cardiff/) **Published:** June 19, 2025 **Author:** Shiraz Khan **Content:** # Bridging Loan Brokers Cardiff. ### Providing Funding Solutions for Success Hank Zarihs Associates is a team of skilled financial intermediaries who specialise in providing funding solutions for development and investment. Our expertise and experience enable us to present your project to lending institutions in a way that meets their credit committee’s requirements. We conduct due diligence on all projects to identify the best lenders and funding options available. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) ## our services in Cardiff As a professional bridging loan broker in Cardiff, we pride ourselves on offering a range of expert services to our clients. [![Service icon 1](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-1.jpg "service-icon-1 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#auction-finance)### [Auction Finance](#auction-finance) - Funding agreed in minutes - Unmortgageable property - No proof of income [![Service icon 2](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-2.jpg "service-icon-2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#bridging-finance)### [Bridging Finance](#bridging-finance) - Lending up to 80% LTV - No exits fees - All asset classes [![Service icon 3](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-3.jpg "service-icon-3 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#development-finance)### [Development Finance](#development-finance) - Ground up and conversions - 100% of construction cost - 90% loan to cost [![Service icon 4](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-4.jpg "service-icon-4 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#term-loans)### [Term Loans](#term-loans) - Whole blocks - HMO portfolio - All asset classes [![Service icon 5](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-5.jpg "service-icon-5 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#commercial-mortgages)### [Commercial Mortgages](#commercial-mortgages) - Loans up to 70% LTV - Rates from 8.99% Pa - Low Exit Fees - Loans from £250,000 to £10m [![Service icon 6](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-6.jpg "service-icon-6 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#equity-funding)### [Equity & JV Funding](#equity-funding) - To purchase residential or commercial property quickly from an auction ![Layer 2](https://www.hankzarihs.com/wp-content/uploads/2024/09/Layer-2-1024x304.png "Layer 2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Buying Property At Auction](https://www.hankzarihs.com/wp-content/uploads/2025/06/Buying-Property-At-Auction.jpg "Buying-Property-At-Auction - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Service icon 1](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-1.jpg "service-icon-1 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")### Auction Finance in Cardiff If you’re a property investor, developer, or business owner looking to buy a property in Cardiff through an auction, you know that time is of the essence. The auction process requires completion within 28 working days or less, and traditional long-term finance simply won’t cut it. That’s where [auction loans](/auction-finance/ "Auction Finance") come in. We specialise in providing short-term financing solutions for a variety of property investments, including property renovation, land development, and commercial or residential property acquisition. Our auction loans are custom-tailored to meet the unique needs of the auction process, providing swift access to the funds necessary to complete the transaction successfully. **Why Choose Auction Loans?** - Our auction loans are engineered for quick turnaround times, providing swift access to the funds you need to complete the transaction. We understand that speed is essential in auction finance, and our streamlined process ensures that you receive tailored offers in as little as 20 minutes. - Our team of experts has extensive experience in the auction finance market and is well-versed in the intricacies of the auction process. We work closely with each client to provide bespoke lending solutions that fit their individual requirements. Whether you’re a seasoned investor or a first-time buyer, we have the knowledge and expertise to guide you through the process and ensure your success. - We understand that every client has unique financing needs. That’s why our financing solutions are custom-tailored to your specific requirements, ensuring that you receive the right lending solution for your property investment goals. We provide a range of options to choose from, including bridging loans, auction finance, and development finance. - Our streamlined process ensures that you receive tailored offers in as little as 20 minutes, giving you the speed and efficiency you need to succeed in the auction process. Our goal is to make the financing process as easy and stress-free as possible, so you can focus on what matters most – securing the property of your dreams. Cardiff’s property market is a hotbed of activity, with both residential and commercial properties attracting investors from around the world. Whether you’re a local buyer or an international investor, our auction loans can provide the short-term finance you need to complete the transaction successfully. [ Contact Us ](/contact-us/) [![Service icon 2](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-2.jpg "service-icon-2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Bridging Finance in Cardiff](#) Investing in property can be a lucrative venture, but securing the necessary funding can be a challenge, particularly if you need to act quickly. This is where bridging loans come in – short-term financing options designed to bridge the gap between the purchase of a property and the arrangement of long-term funding. At Hank Zarihs, we specialise in providing [bespoke bridging loan solutions](/bridging-loan-broker/) tailored to meet the unique needs of our clients. **Why Choose a Bridging Loan?** - One of the main benefits of a bridging loan is the speed at which funds can be accessed. Traditional financing options can be time-consuming, but a bridging loan can be arranged in a matter of days, providing you with the funds you need to secure your investment quickly. - Our team of experts has a wealth of experience in the bridging loan market, with a deep understanding of the complexities involved in securing these types of loans. We work closely with our clients to provide bespoke solutions that meet their unique financing needs, ensuring that they have the expertise they need to succeed in their investments. - We understand that securing funding can be a daunting prospect, which is why we pride ourselves on providing a hassle-free experience for our clients. Our team will guide you through the entire process, from application to funding, ensuring that you are fully informed and comfortable with every step of the process. Every client has unique financing needs, and we understand that a one-size-fits-all approach simply doesn’t work. That’s why we provide customised solutions tailored to meet your specific requirements, ensuring that you receive the right financing option for your investment goals. At Hank Zarihs, we’re committed to providing our clients with fast and efficient solutions that meet their unique financing needs. Our team of experts has a wealth of experience in the bridging loan market, and we understand the importance of speed, expertise, and customization when it comes to securing funding for your investments. We pride ourselves on providing hassle-free solutions, guiding you through the entire process and ensuring that you have the information you need to make informed decisions about your investments. Whether you’re a property developer, individual investor, or business owner, we can provide the bespoke bridging loan solutions you need to succeed. [ Contact Us ](/contact-us/) ![Bridging loans finance for downsizing](https://www.hankzarihs.com/wp-content/uploads/2025/06/bridging_loans_finance_for_downsizing.jpg "bridging_loans_finance_for_downsizing - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Construction finance for home property development](https://www.hankzarihs.com/wp-content/uploads/2025/06/construction_finance_for_home_property_development.jpg "construction_finance_for_home_property_development - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [![Service icon 3](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-3.jpg "service-icon-3 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Development Finance in Cardiff](#) As a landlord, builder, or property developer, accessing the financing you need to fund property refurbishment or development costs can be a complex and time-consuming process. Fortunately, our expert intermediary service is here to assist you. We work with a panel of trusted lenders who specialise in short-term development finance, making it easier for you to access the financing you need. [Development loans](/development-finance/) are a type of funding that is specifically designed to facilitate the construction or renovation of properties. They are commonly used by property developers, builders, and investors to finance projects that are too large or too risky for traditional financing options. Development finance can be used for a wide range of projects, from residential and commercial developments to large-scale infrastructure projects. It typically involves a loan or investment that is secured against the property being developed, as well as the developer’s assets and personal guarantee. The terms and conditions of development finance can vary widely, depending on the lender, the size of the project, and the level of risk involved. Interest rates are generally higher than traditional financing options, reflecting the higher risk and complexity of these projects. Despite the higher cost, development finance can be an attractive option for property developers and investors. It provides access to large amounts of capital that can be used to finance projects that might otherwise be impossible. Our lending panel comprises a range of lenders specialising in short-term development finance. We work closely with our clients to provide tailored lending solutions that meet their unique requirements. Our development finance solutions are ideal for anyone seeking to purchase a property at auction or secure finance against an uninhabitable property, where a standard mortgage is not applicable. Our experts pride themselves on simplifying the process of accessing finance. We assist our clients in navigating the complex landscape of development finance and securing the best possible terms and rates for their financing needs. Our team of experienced professionals is dedicated to providing you with the highest level of service, helping you realise your property development ambitions. [ Contact Us ](/contact-us/) [![Service icon 4](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-4.jpg "service-icon-4 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Term Loans in Cardiff](#) If you’re looking for a lump sum of money to finance your personal project or business venture, term loans may be the ideal solution for you. As a team of experts in helping borrowers find the right financing solutions, we specialise in connecting you with lenders who offer the most competitive rates and flexible terms to cater to your specific needs. [Term loans](/short-term-property-loans/) are a type of loan that is typically used to finance large purchases or investments, such as buying equipment, property, or other assets. They are a common form of business financing and are often used by companies to finance long-term projects or to manage cash flow. Term loans are repaid over a fixed period of time, with regular payments of principal and interest. The term of the loan can vary widely, from a few years to several decades, depending on the size of the loan and the nature of the investment being financed. Term loans are also often used to refinance other types of debt, such as credit card debt or other high-interest loans. By consolidating these debts into a single loan with a lower interest rate, businesses can save money on interest payments and simplify their finances. There are many different types of term loans available, ranging from secured loans that are backed by collateral, to unsecured loans that are based on the borrower’s creditworthiness. The interest rates and terms of the loan will depend on a number of factors, including the size of the loan, the duration of the loan, and the creditworthiness of the borrower. **Why Choose Our Expert Term Loan Service?** 1. We work with a variety of lenders and financial institutions to offer you the best financing options and competitive rates. 2. Tailored Lending Solutions: We understand that every borrower has unique financing needs. That’s why we provide custom-tailored lending solutions to cater to your specific requirements. 3. Our team of experts can assist you in securing the financing you need quickly and easily, providing you with a hassle-free experience. 4. Our advisors have extensive experience in the lending industry and can assist you in securing the optimal financing solution to meet your specific needs. [ Contact Us ](/contact-us/) ![Short term mortgages to finance extensions](https://www.hankzarihs.com/wp-content/uploads/2025/06/short_term_mortgages_to_finance_extensions.jpg "short_term_mortgages_to_finance_extensions - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Morden Wharf riverside park](https://www.hankzarihs.com/wp-content/uploads/2025/06/Morden-Wharf-riverside-park.jpg "Morden-Wharf-riverside-park - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [![Service icon 5](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-5.jpg "service-icon-5 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Commercial Mortgages in Cardiff](#) If you’ve recently purchased a commercial property and are considering using it as collateral for a loan against your business property, a commercial mortgage may be the right financing solution for you. However, before making any decisions, it’s crucial to understand the basics of commercial mortgages and how they work. A [commercial mortgage](/commercial-mortgage-broker/) is a type of mortgage loan that is secured against non-residential or commercial real estate. It is specifically designed for businesses or investors looking to buy or refinance commercial assets such as office spaces, rental properties, mixed-use buildings, and even vacant land sites. Unlike residential mortgages, commercial mortgages offer more flexibility and can be tailored to fit specific financing needs. There are several benefits of using a commercial mortgage to finance your business property. Firstly, commercial mortgages typically offer lower interest rates compared to other forms of financing, such as unsecured loans or credit cards. Secondly, they offer longer repayment periods, which means you can spread your payments out over a longer period of time, making them more manageable. Lastly, by using your commercial property as collateral, you may be able to borrow more money than you would with an unsecured loan. Qualifying for a commercial mortgage can be more complex than qualifying for a residential mortgage, and there is no one-size-fits-all solution. To successfully qualify for a commercial mortgage, it’s important to consult with our advisors who can guide you through the process and help you find the best financing solution for your specific needs. Factors that lenders consider when evaluating a commercial mortgage application include the property type and value, your business’s financial history and creditworthiness, the amount of money you are requesting, and your ability to make repayments on time. [ Contact Us ](/contact-us/) [![Service icon 6](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-6.jpg "service-icon-6 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Equity & JV Funding in Cardiff](#) If you’re a property developer based in Cardiff or anywhere else in the UK, you may be struggling with the high costs of financing your development projects. Fortunately, joint venture finance is an increasingly popular solution that can help you meet your unique financing needs. [Joint venture finance](/joint-venture-property-finance/) is a financing solution that involves an investor or partner funding a property development project in exchange for a share of the profits. Essentially, it’s a partnership between the property developer and the investor, where the investor provides the necessary capital to fund the project, and the developer manages the development process. There are several benefits of joint venture finance, making it an attractive option for property developers. Firstly, joint venture finance allows property developers to kickstart their projects quickly, even if they don’t have sufficient capital at the time. This is because the investor is putting up the funds needed to get the project off the ground. Moreover, joint venture finance offers a tailored solution to meet the specific financing needs of property developers. Every project is unique, and joint venture finance can be customised to meet the needs of each development, making it a highly flexible option. Joint venture finance is more suitable for experienced property developers who have a proven track record in property development. Investors want to see that their investment is going to be managed by someone with a successful history in property development. If you’re an experienced developer, joint venture finance can be an excellent option for you. It can provide you with the capital you need to get your projects moving quickly, without having to worry about finding the funds yourself. Additionally, joint venture finance can help you minimise your risk, as you’ll be sharing the risks and rewards of the development project with the investor. [ Contact Us ](/contact-us/) ![1605 Camden Goods Yard](https://www.hankzarihs.com/wp-content/uploads/2025/06/1605-Camden-Goods-Yard.jpg "1605-Camden-Goods-Yard - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") H.Z.A ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Why choose Hank Zarihs Associates? When it comes to finding a bridging loan broker in Cardiff, there are many options available, but not all brokers are created equal. Access to the Best Rates and Loan Products from Trusted Lenders We work with a panel of respected and experienced lenders with excellent track records, providing our clients with access to the best rates and loan products available on the market. Wide Range of Loan Products Most bridging loans in Cardiff are specialist products not available on the open market. We can get you access to a wide range of loans and deals that you would not find searching directly. Fast and Efficient Service We understand that time is of the essence when it comes to bridging loans. Our streamlined process enables us to find the right bridging loan for you in minutes, gather information and quotes from lenders within the hour, and arrange your loan within days. Tailored Advice and Transparent Information We provide tailored advice to our Cardiff clients and transparent information throughout the lending process, ensuring you have full confidence in the products we secure for you. Exemplary Customer Service At Hank Zarihs Associates, we focus on building long-term relationships with our clients based on providing maximum value. Our superb track record speaks for itself. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) ##### OUR FOUR STEP SIMPLE SALES PROCESS ## Our Sales Process Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ ##### CONFUSED ABOUT FINANCE? #### Call & Discuss ##### WE WILL PACKAGE YOUR APPLICATION #### Submit Documents ## 01 Call us today to discuss your enquiry. We’ll find out what product is suited to your needs – we just need 5 mins of your time. Once we’ve received terms from our select panel of lenders, We’ll inform you of the options you have and then you’ll let us know which offer to proceed with. ## 02 ## 03 Once you’ve selected the perfect lender, we’ll go ahead and package the application on your behalf, making it a seamless and easy process. We’ll then instruct valuation and legals on the same day. Once the case has been submitted and the valuation report is back the case will be formally offered and funds can be made available to drawdown, subject to the legal due diligence being complete – From start to finish, we can have deals ready in as little as 7 working days. ## 04 ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/loan.png "loan - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### RECEIVE TERMS FROM LENDERS #### Compare Offers ##### FORMAL SUBMISSION #### Get your finance ## 01 ##### CONFUSED ABOUT FINANCE? ## Call & Discuss Call us today to discuss your enquiry. We’ll find out what product is suited to your needs – we just need 5 mins of your time. ##### RECEIVE TERMS FROM LENDERS ## Compare Offers Once we’ve received terms from our select panel of lenders, We’ll inform you of the options you have and then you’ll let us know which offer to proceed with. ## 02 ## 03 ##### WE WILL PACKAGE YOUR APPLICATION ## Submit Documents Once you’ve selected the perfect lender, we’ll go ahead and package the application on your behalf, making it a seamless and easy process. We’ll then instruct valuation and legals on the same day. ##### FORMAL SUBMISSION ## Get your finance Once the case has been submitted and the valuation report is back the case will be formally offered and funds can be made available to drawdown, subject to the legal due diligence being complete – From start to finish, we can have deals ready in as little as 7 working days. ## 04 ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/loan.png "loan - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [ Call Us Today & Get Started Now ](/contact-us/) **Tags:** Transparent Header --- ### [Bridging Loan Brokers Bristol](https://www.hankzarihs.com/bristol/) **Published:** June 19, 2025 **Author:** Shiraz Khan **Content:** # Bridging Loan Brokers Bristol. ### Providing Funding Solutions for Success Hank Zarihs Associates is a team of skilled financial intermediaries who specialise in providing funding solutions for development and investment. Our expertise and experience enable us to present your project to lending institutions in a way that meets their credit committee’s requirements. We conduct due diligence on all projects to identify the best lenders and funding options available. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) ## our services in Bristol As a professional bridging loan broker in Bristol, we pride ourselves on offering a range of expert services to our clients. [![Service icon 1](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-1.jpg "service-icon-1 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#auction-finance)### [Auction Finance](#auction-finance) - Funding agreed in minutes - Unmortgageable property - No proof of income [![Service icon 2](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-2.jpg "service-icon-2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#bridging-finance)### [Bridging Finance](#bridging-finance) - Lending up to 80% LTV - No exits fees - All asset classes [![Service icon 3](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-3.jpg "service-icon-3 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#development-finance)### [Development Finance](#development-finance) - Ground up and conversions - 100% of construction cost - 90% loan to cost [![Service icon 4](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-4.jpg "service-icon-4 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#term-loans)### [Term Loans](#term-loans) - Whole blocks - HMO portfolio - All asset classes [![Service icon 5](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-5.jpg "service-icon-5 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#commercial-mortgages)### [Commercial Mortgages](#commercial-mortgages) - Loans up to 70% LTV - Rates from 8.99% Pa - Low Exit Fees - Loans from £250,000 to £10m [![Service icon 6](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-6.jpg "service-icon-6 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#equity-funding)### [Equity & JV Funding](#equity-funding) - To purchase residential or commercial property quickly from an auction ![Layer 2](https://www.hankzarihs.com/wp-content/uploads/2024/09/Layer-2-1024x304.png "Layer 2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Buying Property At Auction](https://www.hankzarihs.com/wp-content/uploads/2025/06/Buying-Property-At-Auction.jpg "Buying-Property-At-Auction - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Service icon 1](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-1.jpg "service-icon-1 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")### Auction Finance in Bristol If you’re considering purchasing a property in Bristol through an auction, you may require specialist finance to facilitate the transaction. Whether you’re looking to renovate a property, buy land for development, or acquire a commercial or residential property, auction loans can provide you with short-term lending specifically designed for this purpose. [Auction loans](/short-term-property-loans/) are custom-tailored to meet the specific needs of the auction process, which requires completion within 28 working days or less. Unlike traditional long-term finance, auction finance is engineered for quick turnaround times, providing swift access to the funds necessary to complete the transaction. Purchasing a property at auction in Bristol, whether commercial or residential, can be made easier with short-term auction finance. Our streamlined process ensures that you receive tailored offers in as little as 20 minutes. We understand that speed is essential in auction finance, and we work closely with each client to provide bespoke lending solutions that fit their individual requirements. Our team of experts has extensive experience in the auction finance market and is well-versed in the intricacies of the auction process. Investing in Bristol’s property market through auctions can be a wise decision. However, having access to the right financing solutions is crucial. Our specialist auction loans can provide the short-term finance you need to complete the transaction successfully. Whether you’re a property investor, developer, or business owner, our financing solutions can be tailored to your specific needs. Contact us today to learn more about how we can assist you in securing the funds you need to achieve your property investment goals. [ Contact Us ](/contact-us/) [![Service icon 2](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-2.jpg "service-icon-2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Bridging Finance in Bristol](#) Are you looking to invest in a new property but struggling to secure long-term financing? If so, a bridging loan may be the ideal solution for you. A [bridging loan](/bridging-loan-broker/) is a short-term finance option that’s designed to bridge the gap between the purchase of a property and the arrangement of long-term funding. It’s a popular option for those who require fast access to funds to acquire a property, without the delays and paperwork associated with traditional financing options. Bridging loans can be used for a variety of purposes, such as when a property is sold as part of a chain or when there is a delay between purchasing the property and the funding arrangement. They can also be used for property renovation, purchasing a commercial property, or any other investment that requires quick access to funds. Many borrowers, including individuals, developers, and enterprises, find bridging loans to be the preferred option when they require fast access to funds. This is because bridging loans are typically processed much faster than traditional financing options, making them ideal for those who need to act quickly to secure a property or investment opportunity. At Hank Zarihs, we understand that every client has unique financing needs. That’s why we work closely with our clients to provide bespoke solutions that meet their specific requirements. Our team of experts has extensive experience in the bridging loan market and understands the complexities involved in securing these types of loans. We pride ourselves on providing our clients with a fast, efficient, and hassle-free experience. Our team of experts will guide you through the entire process, from application to funding, ensuring that you are fully informed and comfortable with every step of the process. [ Contact Us ](/contact-us/) ![Bridging loans finance for downsizing](https://www.hankzarihs.com/wp-content/uploads/2025/06/bridging_loans_finance_for_downsizing.jpg "bridging_loans_finance_for_downsizing - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Construction finance for home property development](https://www.hankzarihs.com/wp-content/uploads/2025/06/construction_finance_for_home_property_development.jpg "construction_finance_for_home_property_development - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [![Service icon 3](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-3.jpg "service-icon-3 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Development Finance in Bristol](#) If you’re a landlord, builder, or property developer looking for development loans in Bristol, our expert intermediary service is here to help. We work with a panel of trusted lenders who specialise in short-term development finance, making it easier for you to access the financing you need. [Development finance](/development-finance/) is a type of financing used to fund property refurbishment or development costs. It’s a suitable option for experienced borrowers, but we can also assist first-time developers in navigating the complexities of securing development finance. Our lending panel comprises a range of lenders specialising in short-term development finance. We work closely with our clients to provide tailored lending solutions that meet their unique requirements. Our development finance solutions are ideal for anyone seeking to purchase a property at auction or secure finance against an uninhabitable property, where a standard mortgage is not applicable. At our expert intermediary service, we pride ourselves on simplifying the process of accessing finance. We assist our clients in navigating the complex landscape of development finance and securing the best possible terms and rates for their financing needs. Our team of experienced professionals is dedicated to providing you with the highest level of service, helping you realise your property development ambitions. If you’re seeking development loans in Bristol, contact us today to learn more about how we can assist you in securing the funds you need to achieve your property investment goals. Our expert intermediary service will help you find the best options from trusted lenders with expertise in the field. Trust us to simplify the process and make it quicker and easier for you to access the financing you need. [ Contact Us ](/contact-us/) [![Service icon 4](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-4.jpg "service-icon-4 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Term Loans in Bristol](#) Are you looking for a lump sum of money to finance your personal project or business venture? Look no further than term loans. As a team of experts in helping borrowers find the right financing solutions, we specialise in connecting you with lenders who offer the most competitive rates and flexible terms to cater to your specific needs. At its simplest, a term loan is a lump sum of money borrowed from a financial institution, such as a lender or bank. The borrower receives the funds upfront and pays back the principal amount plus interest over several months or years. These loans are versatile and can be used for various purposes, such as home renovations, debt consolidation, or funding a new business. One of the advantages of term loans is that they often come with lower interest rates compared to other types of financing. Interest rates may be fixed or variable, but they are generally lower than credit card rates or lines of credit. Furthermore, term loans offer flexible repayment terms that can be customised to suit your specific requirements. [Term loans](/short-term-property-loans/) are particularly popular among business owners because they can be used for both short- and long-term goals. Whether you need funding for a new project, expanding your business, or simply managing cash flow, term loans can provide the necessary capital to help you achieve your goals. Our team of experts has extensive experience in the lending industry and can assist you in securing the optimal financing solution to meet your specific needs. Whether you need a term loan for your HMO portfolio or whole blocks, we have the expertise to help you find the finance you need quickly and easily. [ Contact Us ](/contact-us/) ![Short term mortgages to finance extensions](https://www.hankzarihs.com/wp-content/uploads/2025/06/short_term_mortgages_to_finance_extensions.jpg "short_term_mortgages_to_finance_extensions - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Morden Wharf riverside park](https://www.hankzarihs.com/wp-content/uploads/2025/06/Morden-Wharf-riverside-park.jpg "Morden-Wharf-riverside-park - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [![Service icon 5](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-5.jpg "service-icon-5 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Commercial Mortgages in Bristol](#) If you’ve recently purchased a commercial property and are looking to use it as collateral for a loan against your business property, a commercial mortgage may be the right financing solution for you. However, before making any decisions, it’s crucial to understand the basics of commercial mortgages and how they work. A [commercial mortgage](/commercial-mortgage-broker/) is a type of mortgage loan that is secured against non-residential or commercial real estate. It is specifically designed for businesses or investors looking to buy or refinance commercial assets such as office spaces, rental properties, mixed-use buildings, and even vacant land sites. Unlike residential mortgages, commercial mortgages offer more flexibility and can be tailored to fit specific financing needs. There are several benefits of using a commercial mortgage to finance your business property. Firstly, commercial mortgages typically offer lower interest rates compared to other forms of financing, such as unsecured loans or credit cards. Secondly, they offer longer repayment periods, which means you can spread your payments out over a longer period of time, making them more manageable. Lastly, by using your commercial property as collateral, you may be able to borrow more money than you would with an unsecured loan. Qualifying for a commercial mortgage can be more complex than qualifying for a residential mortgage, and there is no one-size-fits-all solution. To successfully qualify for a commercial mortgage, it’s important to consult with our advisors who can guide you through the process and help you find the best financing solution for your specific needs. Factors that lenders consider when evaluating a commercial mortgage application include: 1. Property type and value 2. Your business’s financial history and creditworthiness 3. The amount of money you are requesting 4. Your ability to make repayments on time [ Contact Us ](/contact-us/) [![Service icon 6](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-6.jpg "service-icon-6 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Equity & JV Funding in Bristol](#) Are you a property developer based in Bristol or anywhere else in the UK? Do you struggle with the high costs of financing your development projects, whether it’s building from scratch or developing new properties? Look no further than joint venture finance – an increasingly popular solution to help meet your unique financing needs. [Joint venture finance](/joint-venture-property-finance/) is a financing solution that involves an investor or partner funding a property development project in exchange for a share of the profits. Essentially, it’s a partnership between the property developer and the investor, where the investor provides the necessary capital to fund the project, and the developer manages the development process. There are several benefits of joint venture finance, making it an attractive option for property developers. Firstly, joint venture finance allows property developers to kickstart their projects quickly, even if they don’t have sufficient capital at the time. This is because the investor is putting up the funds needed to get the project off the ground. Moreover, joint venture finance offers a tailored solution to meet the specific financing needs of property developers. Every project is unique, and joint venture finance can be customised to meet the needs of each development, making it a highly flexible option. Joint venture finance is most suitable for experienced property developers who have a proven track record in property development. Investors want to see that their investment is going to be managed by someone with a successful history in property development. If you’re an experienced developer, joint venture finance can be an excellent option for you. It can provide you with the capital you need to get your projects moving quickly, without having to worry about finding the funds yourself. Additionally, joint venture finance can help you minimise your risk, as you’ll be sharing the risks and rewards of the development project with the investor. [ Contact Us ](/contact-us/) ![1605 Camden Goods Yard](https://www.hankzarihs.com/wp-content/uploads/2025/06/1605-Camden-Goods-Yard.jpg "1605-Camden-Goods-Yard - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") H.Z.A ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Why choose Hank Zarihs Associates? When it comes to finding a bridging loan broker in Bristol, there are many options available, but not all brokers are created equal. Access to the Best Rates and Loan Products from Trusted Lenders We work with a panel of respected and experienced lenders with excellent track records, providing our clients with access to the best rates and loan products available on the market. Wide Range of Loan Products Most bridging loans in Bristol are specialist products not available on the open market. We can get you access to a wide range of loans and deals that you would not find searching directly. Fast and Efficient Service We understand that time is of the essence when it comes to bridging loans. Our streamlined process enables us to find the right bridging loan for you in minutes, gather information and quotes from lenders within the hour, and arrange your loan within days. Tailored Advice and Transparent Information We provide tailored advice to our Bristol clients and transparent information throughout the lending process, ensuring you have full confidence in the products we secure for you. Exemplary Customer Service At Hank Zarihs Associates, we focus on building long-term relationships with our clients based on providing maximum value. Our superb track record speaks for itself. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) ##### OUR FOUR STEP SIMPLE SALES PROCESS ## Our Sales Process Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ ##### CONFUSED ABOUT FINANCE? #### Call & Discuss ##### WE WILL PACKAGE YOUR APPLICATION #### Submit Documents ## 01 Call us today to discuss your enquiry. We’ll find out what product is suited to your needs – we just need 5 mins of your time. Once we’ve received terms from our select panel of lenders, We’ll inform you of the options you have and then you’ll let us know which offer to proceed with. ## 02 ## 03 Once you’ve selected the perfect lender, we’ll go ahead and package the application on your behalf, making it a seamless and easy process. We’ll then instruct valuation and legals on the same day. Once the case has been submitted and the valuation report is back the case will be formally offered and funds can be made available to drawdown, subject to the legal due diligence being complete – From start to finish, we can have deals ready in as little as 7 working days. ## 04 ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/loan.png "loan - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### RECEIVE TERMS FROM LENDERS #### Compare Offers ##### FORMAL SUBMISSION #### Get your finance ## 01 ##### CONFUSED ABOUT FINANCE? ## Call & Discuss Call us today to discuss your enquiry. We’ll find out what product is suited to your needs – we just need 5 mins of your time. ##### RECEIVE TERMS FROM LENDERS ## Compare Offers Once we’ve received terms from our select panel of lenders, We’ll inform you of the options you have and then you’ll let us know which offer to proceed with. ## 02 ## 03 ##### WE WILL PACKAGE YOUR APPLICATION ## Submit Documents Once you’ve selected the perfect lender, we’ll go ahead and package the application on your behalf, making it a seamless and easy process. We’ll then instruct valuation and legals on the same day. ##### FORMAL SUBMISSION ## Get your finance Once the case has been submitted and the valuation report is back the case will be formally offered and funds can be made available to drawdown, subject to the legal due diligence being complete – From start to finish, we can have deals ready in as little as 7 working days. ## 04 ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/loan.png "loan - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [ Call Us Today & Get Started Now ](/contact-us/) **Tags:** Transparent Header --- ### [Bridging Loan Brokers Brighton](https://www.hankzarihs.com/brighton/) **Published:** June 18, 2025 **Author:** Shiraz Khan **Content:** # Bridging Loan Brokers Brighton. ### Providing Funding Solutions for Success Hank Zarihs Associates is a team of skilled financial intermediaries who specialise in providing funding solutions for development and investment. Our expertise and experience enable us to present your project to lending institutions in a way that meets their credit committee’s requirements. We conduct due diligence on all projects to identify the best lenders and funding options available. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) ## our services in Brighton As a professional bridging loan broker in Brighton, we pride ourselves on offering a range of expert services to our clients. [![Service icon 1](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-1.jpg "service-icon-1 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#auction-finance)### [Auction Finance](#auction-finance) - Funding agreed in minutes - Unmortgageable property - No proof of income [![Service icon 2](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-2.jpg "service-icon-2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#bridging-finance)### [Bridging Finance](#bridging-finance) - Lending up to 80% LTV - No exits fees - All asset classes [![Service icon 3](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-3.jpg "service-icon-3 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#development-finance)### [Development Finance](#development-finance) - Ground up and conversions - 100% of construction cost - 90% loan to cost [![Service icon 4](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-4.jpg "service-icon-4 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#term-loans)### [Term Loans](#term-loans) - Whole blocks - HMO portfolio - All asset classes [![Service icon 5](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-5.jpg "service-icon-5 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#commercial-mortgages)### [Commercial Mortgages](#commercial-mortgages) - Loans up to 70% LTV - Rates from 8.99% Pa - Low Exit Fees - Loans from £250,000 to £10m [![Service icon 6](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-6.jpg "service-icon-6 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#equity-funding)### [Equity & JV Funding](#equity-funding) - To purchase residential or commercial property quickly from an auction ![Layer 2](https://www.hankzarihs.com/wp-content/uploads/2024/09/Layer-2-1024x304.png "Layer 2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Buying Property At Auction](https://www.hankzarihs.com/wp-content/uploads/2025/06/Buying-Property-At-Auction.jpg "Buying-Property-At-Auction - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Service icon 1](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-1.jpg "service-icon-1 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")### Auction Finance in Brighton The process of buying a property in Brighton through an auction can be challenging and requires specialist financing to facilitate the transaction. [Auction loans](/auction-finance/ "Auction Finance") are short-term lending solutions designed explicitly for property investments, such as property renovation, land development, and commercial or residential property acquisition. Auction loans are engineered for quick turnaround times, providing swift access to the funds necessary to complete the transaction within 28 working days or less. Unlike traditional long-term finance, auction finance is custom-tailored to meet the unique needs of the auction process. This allows investors to take advantage of time-sensitive opportunities in Brighton’s property market. Auction finance requires specialised expertise to navigate the intricacies of the auction process. Our team of experts has extensive experience in the auction finance market and is well-versed in the intricacies of the auction process. We work closely with each client to provide bespoke lending solutions that fit their individual requirements, ensuring successful completion of the transaction. Every client has unique financing needs, and our lending solutions are custom-tailored to meet those specific requirements. This allows investors to choose the right lending solution for their property investment goals. Our flexible lending solutions can accommodate a range of property investments, from commercial or residential acquisitions to land development and property renovation. [ Contact Us ](/contact-us/) [![Service icon 2](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-2.jpg "service-icon-2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Bridging Finance in Brighton](#) Investing in property can be a lucrative venture, but securing long-term financing can be a challenging process. [Bridging loans](/bridging-loan-broker/) provide a short-term finance option designed to bridge the gap between the purchase of a property and the arrangement of long-term funding. This paper will analyse the advantages of bridging loans for property investment. **Advantages of Bridging Loans** Bridging loans provide quick access to funds, making them an ideal solution for individuals, developers, and enterprises who need to act quickly to secure a property or investment opportunity. Unlike traditional financing options, bridging loans do not require lengthy paperwork or delays associated with long-term financing options. This type of investment can be used for a variety of purposes, including property renovation, purchasing a commercial property, or any other investment that requires quick access to funds. This flexibility allows investors to take advantage of time-sensitive opportunities in the property market. Bridging loans can also be customised to meet the unique financing needs of individual investors. This ensures that investors receive the right financing option for their investment goals. The customized solutions can be tailored to a variety of purposes, including specific investment projects or particular stages of property development. At Hank Zarihs, our team of experts has extensive experience in the bridging loan market and understands the intricacies of the process. We can provide customised solutions to meet the unique financing needs of individual investors. This ensures that investors receive the right financing option for their investment goals and can be tailored to a variety of purposes, including specific investment projects or particular stages of property development. [ Contact Us ](/contact-us/) ![Bridging loans finance for downsizing](https://www.hankzarihs.com/wp-content/uploads/2025/06/bridging_loans_finance_for_downsizing.jpg "bridging_loans_finance_for_downsizing - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Construction finance for home property development](https://www.hankzarihs.com/wp-content/uploads/2025/06/construction_finance_for_home_property_development.jpg "construction_finance_for_home_property_development - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [![Service icon 3](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-3.jpg "service-icon-3 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Development Finance in Brighton](#) If you’re a landlord, builder, or property developer seeking development loans in Brighton, our expert intermediary service is here to assist you. We work with a panel of trusted lenders who specialise in [short-term development finance](/development-finance/), making it easier for you to access the financing you need. Development finance is a type of financing used to fund property refurbishment or development costs. It is a suitable option for experienced borrowers, but we can also assist first-time developers in navigating the complexities of securing development finance. Our lending panel comprises a range of lenders specialising in short-term development finance and are ideal for anyone seeking to purchase a property at auction or secure finance against an uninhabitable property, where a standard mortgage is not applicable. We pride ourselves on simplifying the process of accessing finance. Our team of experienced professionals is dedicated to providing you with the highest level of service, helping you realise your property development ambitions. We assist our clients in navigating the complex landscape of development finance and securing the best possible terms and rates for their financing needs. [ Contact Us ](/contact-us/) [![Service icon 4](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-4.jpg "service-icon-4 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Term Loans in Brighton](#) If you are seeking a lump sum of money to finance a personal project or business venture in Brighton, term loans may be the ideal solution for you. As experts in helping borrowers find the right financing solutions, we specialise in connecting you with lenders who offer the most competitive rates and flexible terms to cater to your specific needs. A [term loan](/short-term-property-loans/) is a lump sum of money borrowed from a financial institution, such as a lender or bank. The borrower receives the funds upfront and pays back the principal amount plus interest over several months or years. These loans are versatile and can be used for various purposes, such as home renovations, debt consolidation, or funding a new business. One of the primary advantages of term loans is that they have lower interest rates compared to other types of financing. Interest rates may be fixed or variable, but they are generally lower than credit card rates or lines of credit. Another advantage is that term loans offer flexible repayment terms that can be customised to suit your specific requirements. Term loans are particularly popular among business owners because they can be used for both short – and long – term goals. Whether you need funding for a new project, expanding your business, or simply managing cash flow, term loans can provide the necessary capital to help you achieve your goals. Our expert term loan service offers a wide range of options for borrowers seeking financing solutions. We work with a variety of lenders and financial institutions to offer you the best financing options and competitive rates. [ Contact Us ](/contact-us/) ![Short term mortgages to finance extensions](https://www.hankzarihs.com/wp-content/uploads/2025/06/short_term_mortgages_to_finance_extensions.jpg "short_term_mortgages_to_finance_extensions - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Morden Wharf riverside park](https://www.hankzarihs.com/wp-content/uploads/2025/06/Morden-Wharf-riverside-park.jpg "Morden-Wharf-riverside-park - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [![Service icon 5](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-5.jpg "service-icon-5 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Commercial Mortgages in Brighton](#) Are you a business owner in need of financing for your commercial property in Brighton? A commercial mortgage may be the perfect solution for you. A [commercial mortgage](/commercial-mortgage-broker/) is a loan that is secured against commercial real estate properties. Unlike residential mortgages, commercial mortgages are specifically designed for businesses or investors who are looking to purchase or refinance non-residential properties such as office spaces, rental properties, mixed-use buildings, and even vacant land sites. One of the main benefits of a commercial mortgage is the flexibility it offers. These loans can be customised to fit your specific financing needs and offer longer repayment periods than other forms of financing. Additionally, interest rates are typically lower compared to unsecured loans or credit cards. Qualifying for a commercial mortgage can be more complex than qualifying for a residential mortgage. Factors that lenders consider when evaluating a commercial mortgage application include the property type and value, your business’s financial history and creditworthiness, the amount of money you are requesting, and your ability to make repayments on time. To successfully qualify for a commercial mortgage, it’s important to consult with our advisors who can guide you through the process and help you find the best financing solution for your specific needs. [ Contact Us ](/contact-us/) [![Service icon 6](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-6.jpg "service-icon-6 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Equity & JV Funding in Brighton](#) As a property developer in Brighton or anywhere in the UK, you understand the challenges of financing development projects. The high costs of financing can be overwhelming, especially if you don’t have sufficient capital. Fortunately, joint venture finance is an increasingly popular solution that can help you meet your unique financing needs and propel your projects forward. [Joint venture finance](/joint-venture-property-finance/) is a financing solution that involves an investor or partner funding a property development project in exchange for a share of the profits. Essentially, it’s a partnership between the property developer and the investor, where the investor provides the necessary capital to fund the project, and the developer manages the development process. **Benefits of Joint Venture Finance** Joint venture finance allows property developers to kickstart their projects quickly, even if they don’t have sufficient capital at the time. This is because the investor is putting up the funds needed to get the project off the ground. - Tailored solutions that meet the specific financing needs of property developers. Every project is unique, and joint venture finance can be customised to meet the needs of each development, making it a highly flexible option. - Minimised Risk for experienced property developers who have a proven track record in property development. Investors want to see that their investment is going to be managed by someone with a successful history in property development. Joint venture finance can help you minimise your risk, as you’ll be sharing the risks and rewards of the development project with the investor. If you’re an experienced property developer, joint venture finance can be an excellent option for you. It can provide you with the capital you need to get your projects moving quickly, without having to worry about finding the funds yourself. [ Contact Us ](/contact-us/) ![1605 Camden Goods Yard](https://www.hankzarihs.com/wp-content/uploads/2025/06/1605-Camden-Goods-Yard.jpg "1605-Camden-Goods-Yard - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") H.Z.A ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Why choose Hank Zarihs Associates? When it comes to finding a bridging loan broker in Brighton, there are many options available, but not all brokers are created equal. Access to the Best Rates and Loan Products from Trusted Lenders We work with a panel of respected and experienced lenders with excellent track records, providing our clients with access to the best rates and loan products available on the market. Wide Range of Loan Products Most bridging loans in Brighton are specialist products not available on the open market. We can get you access to a wide range of loans and deals that you would not find searching directly. Fast and Efficient Service We understand that time is of the essence when it comes to bridging loans. Our streamlined process enables us to find the right bridging loan for you in minutes, gather information and quotes from lenders within the hour, and arrange your loan within days. Tailored Advice and Transparent Information We provide tailored advice to our Brighton clients and transparent information throughout the lending process, ensuring you have full confidence in the products we secure for you. Exemplary Customer Service At Hank Zarihs Associates, we focus on building long-term relationships with our clients based on providing maximum value. Our superb track record speaks for itself. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) ##### OUR FOUR STEP SIMPLE SALES PROCESS ## Our Sales Process Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ ##### CONFUSED ABOUT FINANCE? #### Call & Discuss ##### WE WILL PACKAGE YOUR APPLICATION #### Submit Documents ## 01 Call us today to discuss your enquiry. We’ll find out what product is suited to your needs – we just need 5 mins of your time. Once we’ve received terms from our select panel of lenders, We’ll inform you of the options you have and then you’ll let us know which offer to proceed with. ## 02 ## 03 Once you’ve selected the perfect lender, we’ll go ahead and package the application on your behalf, making it a seamless and easy process. We’ll then instruct valuation and legals on the same day. Once the case has been submitted and the valuation report is back the case will be formally offered and funds can be made available to drawdown, subject to the legal due diligence being complete – From start to finish, we can have deals ready in as little as 7 working days. ## 04 ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/loan.png "loan - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### RECEIVE TERMS FROM LENDERS #### Compare Offers ##### FORMAL SUBMISSION #### Get your finance ## 01 ##### CONFUSED ABOUT FINANCE? ## Call & Discuss Call us today to discuss your enquiry. We’ll find out what product is suited to your needs – we just need 5 mins of your time. ##### RECEIVE TERMS FROM LENDERS ## Compare Offers Once we’ve received terms from our select panel of lenders, We’ll inform you of the options you have and then you’ll let us know which offer to proceed with. ## 02 ## 03 ##### WE WILL PACKAGE YOUR APPLICATION ## Submit Documents Once you’ve selected the perfect lender, we’ll go ahead and package the application on your behalf, making it a seamless and easy process. We’ll then instruct valuation and legals on the same day. ##### FORMAL SUBMISSION ## Get your finance Once the case has been submitted and the valuation report is back the case will be formally offered and funds can be made available to drawdown, subject to the legal due diligence being complete – From start to finish, we can have deals ready in as little as 7 working days. ## 04 ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/loan.png "loan - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [ Call Us Today & Get Started Now ](/contact-us/) **Tags:** Transparent Header --- ### [Bridging Loan Brokers Bournemouth](https://www.hankzarihs.com/bournemouth/) **Published:** June 18, 2025 **Author:** Shiraz Khan **Content:** # Bridging Loan Brokers Bournemouth. ### Providing Funding Solutions for Success Hank Zarihs Associates is a team of skilled financial intermediaries who specialise in providing funding solutions for development and investment. Our expertise and experience enable us to present your project to lending institutions in a way that meets their credit committee’s requirements. We conduct due diligence on all projects to identify the best lenders and funding options available. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) ## our services in Bournemouth As a professional bridging loan broker in Bournemouth, we pride ourselves on offering a range of expert services to our clients. [![Service icon 1](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-1.jpg "service-icon-1 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#auction-finance)### [Auction Finance](#auction-finance) - Funding agreed in minutes - Unmortgageable property - No proof of income [![Service icon 2](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-2.jpg "service-icon-2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#bridging-finance)### [Bridging Finance](#bridging-finance) - Lending up to 80% LTV - No exits fees - All asset classes [![Service icon 3](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-3.jpg "service-icon-3 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#development-finance)### [Development Finance](#development-finance) - Ground up and conversions - 100% of construction cost - 90% loan to cost [![Service icon 4](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-4.jpg "service-icon-4 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#term-loans)### [Term Loans](#term-loans) - Whole blocks - HMO portfolio - All asset classes [![Service icon 5](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-5.jpg "service-icon-5 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#commercial-mortgages)### [Commercial Mortgages](#commercial-mortgages) - Loans up to 70% LTV - Rates from 8.99% Pa - Low Exit Fees - Loans from £250,000 to £10m [![Service icon 6](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-6.jpg "service-icon-6 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#equity-funding)### [Equity & JV Funding](#equity-funding) - To purchase residential or commercial property quickly from an auction ![Layer 2](https://www.hankzarihs.com/wp-content/uploads/2024/09/Layer-2-1024x304.png "Layer 2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Buying Property At Auction](https://www.hankzarihs.com/wp-content/uploads/2025/06/Buying-Property-At-Auction.jpg "Buying-Property-At-Auction - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Service icon 1](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-1.jpg "service-icon-1 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")### Auction Finance in Bournemouth If you’re looking to buy a property in Bournemouth through an auction, you’ll need specialist finance to facilitate the transaction. Luckily, auction loans are designed explicitly for this purpose, providing short-term lending solutions for a variety of property investments, including property renovation, land development, and commercial or residential property acquisition. [Auction finance](/auction-finance/ "Auction Finance") is solution that is custom-tailored to meet the unique needs of the auction process, which requires completion within 28 working days or less. Unlike traditional long-term finance, auction finance is engineered for quick turnaround times, providing swift access to the funds necessary to complete the transaction. Buying a property through auction in Bournemouth, whether commercial or residential, can be made more accessible with short-term auction finance. Our streamlined process ensures that you receive tailored offers in as little as 20 minutes. We understand that speed is essential in auction finance, and we work closely with each client to provide bespoke lending solutions that fit their individual requirements. Our team of experts has extensive experience in the auction finance market and is well-versed in the intricacies of the auction process. Investing in Bournemouth’s property market through auctions can be a wise decision. However, having access to the right financing solutions is crucial. Our specialist auction loans can provide the short-term finance you need to complete the transaction successfully. Whether you’re a property investor, developer, or business owner, our financing solutions can be tailored to your specific needs. **Why Choose Our Auction Loans?** Our auction loans are designed to be flexible and custom-tailored to your specific requirements, offering you the following benefits: 1. **Swift access to funds:** Our auction loans are engineered for quick turnaround times, providing swift access to the funds you need to complete the transaction. 2. **Expertise:** Our team of experts has extensive experience in the auction finance market and is well-versed in the intricacies of the auction process. We work closely with each client to provide bespoke lending solutions that fit their individual requirements. 3. **Tailored lending solutions:** We understand that every client has unique financing needs. That’s why our financing solutions are custom-tailored to your specific requirements, ensuring that you receive the right lending solution for your property investment goals. 4. **Speed and efficiency:** Our streamlined process ensures that you receive tailored offers in as little as 20 minutes, giving you the speed and efficiency you need to succeed in the auction process. 5. [ Contact Us ](/contact-us/) [![Service icon 2](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-2.jpg "service-icon-2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Bridging Finance in Bournemouth](#) Are you looking to invest in a new property but struggling to secure long-term financing? If so, a bridging loan may be the ideal solution for you. A [bridging loan](/bridging-loan-broker/) is a short-term finance option designed to bridge the gap between the purchase of a property and the arrangement of long-term funding. It’s a popular choice for those who require fast access to funds to acquire a property without the delays and paperwork associated with traditional financing options. Bridging loans can be used for a variety of purposes, including property renovation, purchasing a commercial property, or any other investment that requires quick access to funds. It’s also ideal for individuals, developers, and enterprises who need to act quickly to secure a property or investment opportunity. At Hank Zarihs, we understand that every client has unique financing needs. That’s why we provide bespoke solutions tailored to meet your specific requirements. Our team of experts has extensive experience in the bridging loan market and understands the complexities involved in securing these types of loans. **Why Choose Hank Zarihs for Your Bridging Loan?** 1. **Fast and efficient:** We understand that time is of the essence when it comes to securing a property or investment opportunity. That’s why we provide fast and efficient service to ensure that you receive the funds you need as quickly as possible. 2. **Expertise:** Our team of experts has a wealth of experience in the bridging loan market and understands the intricacies of the process. We work closely with our clients to provide bespoke solutions that meet their unique financing needs. 3. **Hassle-free process:** We pride ourselves on providing our clients with a hassle-free experience. Our team will guide you through the entire process, from application to funding, ensuring that you are fully informed and comfortable with every step of the process. 4. **Customised solutions:** We understand that every client has unique financing needs. That’s why we provide customized solutions tailored to meet your specific requirements, ensuring that you receive the right financing option for your investment goals. [ Contact Us ](/contact-us/) ![Bridging loans finance for downsizing](https://www.hankzarihs.com/wp-content/uploads/2025/06/bridging_loans_finance_for_downsizing.jpg "bridging_loans_finance_for_downsizing - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Construction finance for home property development](https://www.hankzarihs.com/wp-content/uploads/2025/06/construction_finance_for_home_property_development.jpg "construction_finance_for_home_property_development - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [![Service icon 3](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-3.jpg "service-icon-3 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Development Finance in Bournemouth](#) If you’re a landlord, builder, or property developer seeking development loans in Bournemouth, our expert intermediary service is here to assist you. We work with a panel of trusted lenders who specialise in short-term development finance, making it easier for you to access the financing you need. [Development finance](/development-finance/) is a type of financing used to fund property refurbishment or development costs. It’s a suitable option for experienced borrowers, but we can also assist first-time developers in navigating the complexities of securing development finance. Our lending panel comprises a range of lenders specialising in short-term development finance. We work closely with our clients to provide tailored lending solutions that meet their unique requirements. Our development finance solutions are ideal for anyone seeking to purchase a property at auction or secure finance against an uninhabitable property, where a standard mortgage is not applicable. At our expert intermediary service, we pride ourselves on simplifying the process of accessing finance. We assist our clients in navigating the complex landscape of development finance and securing the best possible terms and rates for their financing needs. Our team of experienced professionals is dedicated to providing you with the highest level of service, helping you realise your property development ambitions. **Why Choose Our Expert Intermediary Service for Your Development Finance Needs?** 1. **Simplified process:** We simplify the process of accessing finance by working closely with our clients to provide tailored lending solutions that meet their specific requirements. 2. **Panel of trusted lenders:** We work with a panel of trusted lenders who specialise in short-term development finance, providing you with a range of options to choose from. 3. **Experienced professionals:** Our team of experienced professionals is dedicated to providing you with the highest level of service, helping you realize your property development ambitions. 4. **Bespoke solutions:** Our development finance solutions are custom-tailored to your unique requirements, ensuring that you receive the right financing option for your property development goals. [ Contact Us ](/contact-us/) [![Service icon 4](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-4.jpg "service-icon-4 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Term Loans in Bournemouth](#) If you’re looking for a lump sum of money to finance your personal project or business venture, term loans may be the ideal solution for you. As a team of experts in helping borrowers find the right financing solutions, we specialise in connecting you with lenders who offer the most competitive rates and flexible terms to cater to your specific needs. At its core, a [term loan](/short-term-property-loans/) is a lump sum of money borrowed from a financial institution, such as a lender or bank. The borrower receives the funds upfront and pays back the principal amount plus interest over several months or years. These loans are versatile and can be used for various purposes, such as home renovations, debt consolidation, or funding a new business. One of the primary advantages of term loans is their typically lower interest rates compared to other types of financing. Interest rates may be fixed or variable, but they are generally lower than credit card rates or lines of credit. Furthermore, term loans offer flexible repayment terms that can be customised to suit your specific requirements. Term loans are particularly popular among business owners because they can be used for both short- and long-term goals. Whether you need funding for a new project, expanding your business, or simply managing cash flow, term loans can provide the necessary capital to help you achieve your goals. **Why Choose Our Expert Term Loan Service?** 1. **Wide Range of Options:** We work with a variety of lenders and financial institutions to offer you the best financing options and competitive rates. 2. **Tailored Lending Solutions:** We understand that every borrower has unique financing needs. That’s why we provide custom-tailored lending solutions to cater to your specific requirements. 3. **Fast and Efficient Service:** Our team of experts can assist you in securing the financing you need quickly and easily, providing you with a hassle-free experience. 4. **Expertise:** Our team of experts has extensive experience in the lending industry and can assist you in securing the optimal financing solution to meet your specific needs. [ Contact Us ](/contact-us/) ![Short term mortgages to finance extensions](https://www.hankzarihs.com/wp-content/uploads/2025/06/short_term_mortgages_to_finance_extensions.jpg "short_term_mortgages_to_finance_extensions - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Morden Wharf riverside park](https://www.hankzarihs.com/wp-content/uploads/2025/06/Morden-Wharf-riverside-park.jpg "Morden-Wharf-riverside-park - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [![Service icon 5](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-5.jpg "service-icon-5 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Commercial Mortgages in Bournemouth](#) If you’ve recently purchased a commercial property and are considering using it as collateral for a loan against your business property, a commercial mortgage may be the right financing solution for you. However, before making any decisions, it’s crucial to understand the basics of commercial mortgages and how they work. A [commercial mortgage](/commercial-mortgage-broker/) is a type of mortgage loan that is secured against non-residential or commercial real estate. It is specifically designed for businesses or investors looking to buy or refinance commercial assets such as office spaces, rental properties, mixed-use buildings, and even vacant land sites. Unlike residential mortgages, commercial mortgages offer more flexibility and can be tailored to fit specific financing needs. There are several benefits of using a commercial mortgage to finance your business property. Firstly, commercial mortgages typically offer lower interest rates compared to other forms of financing, such as unsecured loans or credit cards. Secondly, they offer longer repayment periods, which means you can spread your payments out over a longer period of time, making them more manageable. Lastly, by using your commercial property as collateral, you may be able to borrow more money than you would with an unsecured loan. Qualifying for a commercial mortgage can be more complex than qualifying for a residential mortgage, and there is no one-size-fits-all solution. To successfully qualify for a commercial mortgage, it’s important to consult with our advisors who can guide you through the process and help you find the best financing solution for your specific needs. Factors that lenders consider when evaluating a commercial mortgage application include the property type and value, your business’s financial history and creditworthiness, the amount of money you are requesting, and your ability to make repayments on time. [ Contact Us ](/contact-us/) [![Service icon 6](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-6.jpg "service-icon-6 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Equity & JV Funding in Bournemouth](#) If you’re a property developer based in Bournemouth or anywhere else in the UK, you may be struggling with the high costs of financing your development projects. Fortunately, joint venture finance is an increasingly popular solution that can help you meet your unique financing needs. [Joint venture finance](/joint-venture-property-finance/) is a financing solution that involves an investor or partner funding a property development project in exchange for a share of the profits. Essentially, it’s a partnership between the property developer and the investor, where the investor provides the necessary capital to fund the project, and the developer manages the development process. There are several benefits of joint venture finance, making it an attractive option for property developers. Firstly, joint venture finance allows property developers to kickstart their projects quickly, even if they don’t have sufficient capital at the time. This is because the investor is putting up the funds needed to get the project off the ground. Furthermore, joint venture finance offers a tailored solution to meet the specific financing needs of property developers. Every project is unique, and joint venture finance can be customised to meet the needs of each development, making it a highly flexible option. Joint venture finance is more suitable for experienced property developers who have a proven track record in property development. Investors want to see that their investment is going to be managed by someone with a successful history in property development. If you’re an experienced developer, joint venture finance can be an excellent option for you. It can provide you with the capital you need to get your projects moving quickly, without having to worry about finding the funds yourself. Additionally, joint venture finance can help you minimise your risk, as you’ll be sharing the risks and rewards of the development project with the investor. [ Contact Us ](/contact-us/) ![1605 Camden Goods Yard](https://www.hankzarihs.com/wp-content/uploads/2025/06/1605-Camden-Goods-Yard.jpg "1605-Camden-Goods-Yard - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") H.Z.A ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Why choose Hank Zarihs Associates? When it comes to finding a bridging loan broker in Bournemouth, there are many options available, but not all brokers are created equal. Access to the Best Rates and Loan Products from Trusted Lenders We work with a panel of respected and experienced lenders with excellent track records, providing our clients with access to the best rates and loan products available on the market. Wide Range of Loan Products Most bridging loans in Bournemouth are specialist products not available on the open market. We can get you access to a wide range of loans and deals that you would not find searching directly. Fast and Efficient Service We understand that time is of the essence when it comes to bridging loans. Our streamlined process enables us to find the right bridging loan for you in minutes, gather information and quotes from lenders within the hour, and arrange your loan within days. Tailored Advice and Transparent Information We provide tailored advice to our Bournemouth clients and transparent information throughout the lending process, ensuring you have full confidence in the products we secure for you. Exemplary Customer Service At Hank Zarihs Associates, we focus on building long-term relationships with our clients based on providing maximum value. Our superb track record speaks for itself. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) ##### OUR FOUR STEP SIMPLE SALES PROCESS ## Our Sales Process Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ ##### CONFUSED ABOUT FINANCE? #### Call & Discuss ##### WE WILL PACKAGE YOUR APPLICATION #### Submit Documents ## 01 Call us today to discuss your enquiry. We’ll find out what product is suited to your needs – we just need 5 mins of your time. Once we’ve received terms from our select panel of lenders, We’ll inform you of the options you have and then you’ll let us know which offer to proceed with. ## 02 ## 03 Once you’ve selected the perfect lender, we’ll go ahead and package the application on your behalf, making it a seamless and easy process. We’ll then instruct valuation and legals on the same day. Once the case has been submitted and the valuation report is back the case will be formally offered and funds can be made available to drawdown, subject to the legal due diligence being complete – From start to finish, we can have deals ready in as little as 7 working days. ## 04 ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/loan.png "loan - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### RECEIVE TERMS FROM LENDERS #### Compare Offers ##### FORMAL SUBMISSION #### Get your finance ## 01 ##### CONFUSED ABOUT FINANCE? ## Call & Discuss Call us today to discuss your enquiry. We’ll find out what product is suited to your needs – we just need 5 mins of your time. ##### RECEIVE TERMS FROM LENDERS ## Compare Offers Once we’ve received terms from our select panel of lenders, We’ll inform you of the options you have and then you’ll let us know which offer to proceed with. ## 02 ## 03 ##### WE WILL PACKAGE YOUR APPLICATION ## Submit Documents Once you’ve selected the perfect lender, we’ll go ahead and package the application on your behalf, making it a seamless and easy process. We’ll then instruct valuation and legals on the same day. ##### FORMAL SUBMISSION ## Get your finance Once the case has been submitted and the valuation report is back the case will be formally offered and funds can be made available to drawdown, subject to the legal due diligence being complete – From start to finish, we can have deals ready in as little as 7 working days. ## 04 ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/loan.png "loan - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [ Call Us Today & Get Started Now ](/contact-us/) **Tags:** Transparent Header --- ### [Bridging Loan Brokers Birmingham](https://www.hankzarihs.com/birmingham/) **Published:** June 17, 2025 **Author:** Shiraz Khan **Content:** # Bridging Loan Brokers Birmingham . ### Providing Funding Solutions for Success Hank Zarihs Associates are experienced financial intermediaries specialising in development and investment funding. We have the experience and expertise required to present your project in a format which will satisfy the lending institutions credit committees. Before we take a project forward we conduct due diligence which enables us to select the most appropriate lender for each project. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) ## our services in Birmingham We are a professional bridging loan broker in Birmingham, offering a range of professional services. Below, you will find the main services we can offer you. [![Service icon 1](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-1.jpg "service-icon-1 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#auction-finance)### [Auction Finance](#auction-finance) - Funding agreed in minutes - Unmortgageable property - No proof of income [![Service icon 2](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-2.jpg "service-icon-2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#bridging-finance)### [Bridging Finance](#bridging-finance) - Lending up to 80% LTV - No exits fees - All asset classes [![Service icon 3](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-3.jpg "service-icon-3 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#development-finance)### [Development Finance](#development-finance) - Ground up and conversions - 100% of construction cost - 90% loan to cost [![Service icon 4](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-4.jpg "service-icon-4 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#term-loans)### [Term Loans](#term-loans) - Whole blocks - HMO portfolio - All asset classes [![Service icon 5](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-5.jpg "service-icon-5 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#commercial-mortgages)### [Commercial Mortgages](#commercial-mortgages) - Loans up to 70% LTV - Rates from 8.99% Pa - Low Exit Fees - Loans from £250,000 to £10m [![Service icon 6](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-6.jpg "service-icon-6 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#equity-funding)### [Equity & JV Funding](#equity-funding) - To purchase residential or commercial property quickly from an auction ![Layer 2](https://www.hankzarihs.com/wp-content/uploads/2024/09/Layer-2-1024x304.png "Layer 2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Buying Property At Auction](https://www.hankzarihs.com/wp-content/uploads/2025/06/Buying-Property-At-Auction.jpg "Buying-Property-At-Auction - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Service icon 1](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-1.jpg "service-icon-1 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")### Auction Finance in Birmingham If you want to buy a home in Birmingham at an auction – perhaps to renovate it or to obtain the land upon which to develop – then you might require financing in order to complete the deal. [Auction loans](/auction-finance/ "Auction Finance") are a specialised form of financing product that have been developed specifically for this purpose. Auction finance is a subcategory of [bridging loans](/bridging-loan-broker/) that can be utilised to acquire a piece of real estate through the auction process. Because they may be handled within the 28-day completion deadline that is necessary when buying an auction property, bridging loans are the financial option of choice for the acquisition of real estate through public auction. The way auction financing works is by providing you with a short-term loan on an interest-only basis, and most of the time, you are not required to make any monthly repayments. In most cases, applications may be processed in less than two weeks, making them an excellent choice for auction purchases. Your application has a good probability of being approved provided that you have a sufficient down payment (or are able to give another property as additional security) and a sound strategy for how you want to get out of the deal. [ Contact Us ](/contact-us/) [![Service icon 2](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-2.jpg "service-icon-2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Bridging Finance in Birmingham](#) A bridging loan, commonly referred to as a [bridge loan](/bridging-loan-broker/), is a secured loan with a short repayment duration. When purchasing a new property before selling an existing one, it is utilised to “bridge the financial gap” between the two transactions. For instance, you may utilise a bridging loan to purchase a house at an auction before you have sold the one you are currently living in. They can also be utilised as funding for the acquisition of a property with the intention of redeveloping it for the purpose of renting it out or selling it. [Bridging financing](/) might be helpful if you need quick auction financing or are looking to buy a bungalow or another highly sought-after property. It guarantees that the only real estate-backed companies or purchasers who can close the deal before you are cash buyers, who are extremely scarce. A bridging loan allows you to move on with a purchase while you liquidate other assets or invest the proceeds in a more permanent financing solution, like a buy-to-let mortgage. They can be used as a quick source of money while a more long-term solution is being formulated or assets are sold off. [ Contact Us ](/contact-us/) ![Bridging loans finance for downsizing](https://www.hankzarihs.com/wp-content/uploads/2025/06/bridging_loans_finance_for_downsizing.jpg "bridging_loans_finance_for_downsizing - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Construction finance for home property development](https://www.hankzarihs.com/wp-content/uploads/2025/06/construction_finance_for_home_property_development.jpg "construction_finance_for_home_property_development - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [![Service icon 3](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-3.jpg "service-icon-3 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Development Finance in Birmingham](#) A wonderful approach to make money or climb the property ladder is to develop property for selling, investment, or your personal residential requirements. However, developing real estate in Birmingham may be expensive, and many prospective developers lack the money to make cash payments. Fortunately, there is a solution to this issue in the form of [development finance](/development-finance/). Loans used to cover the expenditures connected with a residential or commercial development project are referred to as “development financing.” Development finance often has a shorter lifetime than long-term mortgages on real estate, ranging from 6 to 24 months. Loans are appropriate for new construction from the ground up, conversions, or renovations of existing homes. They may be used to pay for land and cover construction expenditures. Lenders who specialise in development finance will provide both the down payment and construction financing necessary to complete the build on a property. When construction begins, the client is responsible for paying the initial cost of the project. The next month, the developer will send an invoice to the bank surveyor. The bank surveyor will verify that everything is accurate, and after this is done, the bank will finance the customer. This is what it means to be in arrears. This assures that the works are done, and the development is completed and ready to be sold or refinanced when it is finished. The value of the finished property is factored into the calculation of the loan amount in development financing, which differs from regular loans. Because of this, it is possible for investors and builders to put money into projects that would otherwise be out of their price range or beyond their grasp. [ Contact Us ](/contact-us/) [![Service icon 4](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-4.jpg "service-icon-4 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Term Loans in Birmingham](#) We are able to assist borrowers in gaining access to [term loans](/short-term-property-loans/) that are appropriate for a broad variety of financial needs. These are loans that are returned in the form of monthly instalments over the course of a certain amount of time, which is often many years but can vary depending on the circumstances. They are offered with both fixed and variable interest rates as payment options. It’s possible that you may benefit from obtaining a term loan for your HMO portfolio or whole blocks. We can assist you in obtaining the necessary financing in a timely manner and term loans are applicable to all asset classes. [ Contact Us ](/contact-us/) ![Short term mortgages to finance extensions](https://www.hankzarihs.com/wp-content/uploads/2025/06/short_term_mortgages_to_finance_extensions.jpg "short_term_mortgages_to_finance_extensions - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Morden Wharf riverside park](https://www.hankzarihs.com/wp-content/uploads/2025/06/Morden-Wharf-riverside-park.jpg "Morden-Wharf-riverside-park - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [![Service icon 5](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-5.jpg "service-icon-5 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Commercial Mortgages in Birmingham](#) To get you the best commercial mortgage options in Birmingham, we partner with a panel of reputable lenders. Businesses can utilise these to purchase properties, release equity from existing properties, or invest the proceeds from the sale of assets in the expansion of their operations. [ Contact Us ](/contact-us/) [![Service icon 6](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-6.jpg "service-icon-6 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Equity & JV Funding in Birmingham](#) If a developer does not have the financial resources necessary to get a more traditional Development Finance loan, then they may want to explore entering into a Joint Venture. In Birmingham and around the UK, joint venture financing is becoming more and more common. The cost of building new buildings or renovating existing ones is considerable, and financing is in great demand. Customized solutions are frequently required, and joint ventures offer one such choice. When an investor or partner agrees to support a real estate endeavour in exchange for a cut of the earnings, this is a sort of financing. They are best suited for seasoned developers and are perfect when you need to move a project along quickly but don’t have a lot of money available. In most cases, this entails receiving one 100 per cent of the necessary capital from an investor or partner in exchange for a portion of the profits. We have a large number of lender Joint Venture partners and investors who are willing to consider providing full finance for the appropriate project. The size of the profit share will be determined, among other things, by the individual lenders’ assessments of the level of risk involved. Additionally, interest will be accrued on the funds that were used, and it will be deducted from the total amount that was taken each month. [ Contact Us ](/contact-us/) ![1605 Camden Goods Yard](https://www.hankzarihs.com/wp-content/uploads/2025/06/1605-Camden-Goods-Yard.jpg "1605-Camden-Goods-Yard - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") H.Z.A ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Why choose Hank Zarihs Associates? If you are considering a bridging loan broker in Birmingham, why choose Hank Zarihs Associates? Our clients choose us over and over again for several reasons. For a start, we find you the best rates. We work with a panel of respected and experienced lenders with excellent track records, so our clients can access the best rates and loan products from trusted lenders. We also have a wide range of loan products you can access. Most bridging loans in Birmingham are not available on the open market because they are specialist products. We can get you access to a wide range of loans and deals that you would simply not find searching directly. We are also fast and efficient, which is essential for our clients. We can help you find the right bridging loan in minutes, and we can often gather the information and quotes from lenders within the hour and arrange your bridging loan within days. We provide tailored advice for our Birmingham clients along with transparent information. You can trust us to deliver, and you can have full confidence in the products we secure for you. Finally, our customer service is exemplary. We focus on building long-term relationships with our clients based on providing maximum value, and we have a superb track record. Finally, our customer service is exemplary. We focus on building long-term relationships with our clients based on providing maximum value, and we have a superb track record. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) ##### OUR FOUR STEP SIMPLE SALES PROCESS ## Our Sales Process Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ ##### CONFUSED ABOUT FINANCE? #### Call & Discuss ##### WE WILL PACKAGE YOUR APPLICATION #### Submit Documents ## 01 Call us today to discuss your enquiry. We’ll find out what product is suited to your needs – we just need 5 mins of your time. Once we’ve received terms from our select panel of lenders, We’ll inform you of the options you have and then you’ll let us know which offer to proceed with. ## 02 ## 03 Once you’ve selected the perfect lender, we’ll go ahead and package the application on your behalf, making it a seamless and easy process. We’ll then instruct valuation and legals on the same day. Once the case has been submitted and the valuation report is back the case will be formally offered and funds can be made available to drawdown, subject to the legal due diligence being complete – From start to finish, we can have deals ready in as little as 7 working days. ## 04 ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/loan.png "loan - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### RECEIVE TERMS FROM LENDERS #### Compare Offers ##### FORMAL SUBMISSION #### Get your finance ## 01 ##### CONFUSED ABOUT FINANCE? ## Call & Discuss Call us today to discuss your enquiry. We’ll find out what product is suited to your needs – we just need 5 mins of your time. ##### RECEIVE TERMS FROM LENDERS ## Compare Offers Once we’ve received terms from our select panel of lenders, We’ll inform you of the options you have and then you’ll let us know which offer to proceed with. ## 02 ## 03 ##### WE WILL PACKAGE YOUR APPLICATION ## Submit Documents Once you’ve selected the perfect lender, we’ll go ahead and package the application on your behalf, making it a seamless and easy process. We’ll then instruct valuation and legals on the same day. ##### FORMAL SUBMISSION ## Get your finance Once the case has been submitted and the valuation report is back the case will be formally offered and funds can be made available to drawdown, subject to the legal due diligence being complete – From start to finish, we can have deals ready in as little as 7 working days. ## 04 ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/loan.png "loan - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [ Call Us Today & Get Started Now ](/contact-us/) **Tags:** Transparent Header --- ### [Bridging Finance Calculator](https://www.hankzarihs.com/bridging-finance-calculator/) **Published:** April 17, 2025 **Author:** Shiraz Khan **Content:** # Bridging Finance Calculator . If you’re looking to purchase a property at auction – perhaps to refurbish, or to acquire the land to build upon – then you may need finance to complete the transaction. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### Bridging Loan Calculator Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nulla facilisi. Curabitur tincidunt, nunc vel tincidunt pretium, felis ligula feugiat neque, ac volutpat turpis velit et metus. Integer suscipit, justo a venenatis bibendum Purchase Price/Market Value (£): Loan to Value Required (LTV %): Loan Term (Months): Custom Value 3 6 9 12 24 36 48 Monthly Interest Rate (%): Custom Value 0.5 0.75 1.0 1.25 1.5 How will interest be paid: Serviced Deducted Lender fee (%): Broker Fee (%): Calculate Now Email Results to me Gross Loan (£) £ 300,000,000 Cost Per Month (£) £ 2,250,000 --- Rate Per Annum (%) 9.00% Cost Per Term (£) £ 27,000,000 Net LTV 55.80% The results provided by this calculator are estimates only. Actual loan terms, amounts, and rates may vary based on your specific circumstances and lender requirements. We recommend consulting with a financial advisor or lender for a detailed, personalized quote. Gross Loan: £ 300,000,000 Cost Per Month: £ 2,250,000 Cost Per Term: £ 27,000,000 Rate Per Annum: 9.00% Total Fees: £ 21,000,000 Net Loan: £ 279,000,000 Net LTV: 55.80% ×#### Send Result in Mail Full Name: Email Address: Send ##### TERMS SUMMARY ## Explanation of all Terms If you’re looking to purchase a property at auction – perhaps to refurbish, or to acquire the land to build upon – then you may need finance to complete the transaction. #### Table of Contents ### Loan-to-Value (LTV): This is the percentage of the property’s market value that can be borrowed. A higher LTV means more risk for the lender and higher borrowing limits for the borrower. A typical LTV for bridging loans ranges from 60% to 75%, but it can vary based on the loan type and borrower’s profile. ### Term: The term refers to the length of time the loan will last. Bridging loans are generally short-term, often ranging from 1 month to 12 months, and are intended to cover gaps in financing between transactions or projects. ### Interest Rates: Bridging loans typically come with higher interest rates compared to traditional loans. The rate is often based on the perceived risk involved, the loan term, and whether it is a fixed or variable rate. Fixed rates stay the same throughout the loan term, while variable rates can change based on market conditions. ### Exit Strategy: This refers to how the borrower plans to repay the loan. Common exit strategies include selling the property, refinancing to a long-term mortgage, or generating funds from another asset. A clear exit strategy is crucial for securing a bridging loan. ### Charges: Charges are fees associated with the bridging loan. These may include arrangement fees (paid upfront), legal fees, or valuation fees. The arrangement fee is usually a percentage of the loan amount and is charged for setting up the loan. ### Repayment Method: The method of repayment can vary. In most cases, borrowers pay interest only during the term of the loan, with the principal amount due at the end of the term. Alternatively, the borrower might agree to make monthly payments that include both interest and principal. ### Exit Fee: This is a fee charged when the borrower repays the loan, usually at the end of the term. It can be a percentage of the loan amount and is typically included to cover administrative costs incurred by the lender. ### Arrangement Fee: This is a one-time fee charged by the lender for setting up the bridging loan. It’s usually calculated as a percentage of the total loan amount, commonly ranging from 1% to 2%. ### Early Repayment Charge (ERC): Some lenders impose an ERC if the borrower repays the loan before the agreed term. This fee compensates the lender for lost interest income and is usually a fixed amount or percentage of the loan balance. borrower owns. If the borrower defaults, the lender can seize the collateral to recover their funds. ### Refinancing: This refers to the process of replacing a bridging loan with a long-term loan or mortgage. It is commonly used as an exit strategy once the borrower has secured stable financing. ### Secured Loan: A secured loan is one where the borrower pledges an asset, typically the property being financed, as collateral. If the borrower defaults on the loan, the lender has the right to seize the collateral to recover their funds. ### Drawdown: This refers to the process of releasing the loan amount. In some cases, lenders may release the full loan amount at once, while others may do so in stages, often after the completion of certain milestones or checks. ### First Charge: A first charge loan means the lender holds the primary legal claim on the property in case of default. If the property is sold, the first charge lender gets paid first, before any secondary lenders. ### Second Charge: This is a loan taken out against a property that already has a first charge loan. In case of default, the second charge lender is repaid after the first charge lender. ### Fixed Interest Rate: A fixed interest rate means the interest rate stays the same throughout the term of the loan, providing stability and predictability for the borrower in terms of repayment amounts. ### Variable Interest Rate: A variable interest rate changes over time, usually in line with market interest rates or a benchmark like the Bank of England base rate. This can result in fluctuating monthly repayments. ### Short-Term Loan: A short-term loan is designed to be repaid within a brief period (usually less than 12 months). Bridging loans are a classic example of short-term loans used to bridge financial gaps. ### Capitalization of Interest: In some cases, the interest may be added to the loan balance instead of being paid monthly. This means the borrower is effectively paying interest on the interest, which increases the overall loan balance. ### Bridging Loan Agreement: This is a formal legal contract that outlines the terms and conditions of the bridging loan, including repayment terms, fees, and interest rates. Both the borrower and lender must agree to this document. ### Collateral: Collateral is the asset pledged to secure the loan. For a bridging loan, this is often the property being purchased or an existing property that the borrower owns. If the borrower defaults, the lender can seize the collateral to recover their funds. ##### WHAT IS BRIDGING FINANCE? ## Bridging Finance & How does it work? Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ What is bridging finance & how does it work? You may have heard about bridging loans in the context of property investment or moving house, but what exactly are they? Basically, [bridging finance](/fast-bridging-finance/) is a type of short-term loan that allows a buyer to purchase a property before their existing home or investment property is sold. As the name suggests, it ‘bridges’ the funding gap in the lag between purchase and sale – offering rapid access to the necessary purchase funds for a brief period of time. Borrowers can access from £5,000 to £250 million, depending on applicant status, the value of the property and other lender criteria. Higher lending amounts are typically reserved for borrowers who can put up several properties as security. Quotes are provided on a Loan to Value (LTV) of 65%-80% in most situations. What are the typical uses of bridging loans? Bridging loans can be used in a number of situations. For example: 1. When people are moving home in a chain, with a gap between completion dates (e.g. needing to pay for the new property before receiving funds on the completed old property). 2. When property investors or private buyers renovate a home and want a rapid sell-on. 3. When an individual is looking to buy a property at an auction. 4. When property investors and developers are looking to pay a tax bill 5. When buyers want to secure finance against an uninhabitable property. This type of finance can be used by homeowners, landlords and property developers alike. Are bridging loans a good idea? The bridging finance market has grown rapidly, with a number of small and focused lenders now on the market, catering for specialist property finance needs. The market has changed because large high-street lenders have become less willing (and sometimes less able) to lend ever since the financial crisis of 2008. As to whether a bridging loan for property development, auction purchase or private home buying is a good idea, it depends on a variety of factors. Bridging loan requirements vary by lender, but each will have certain common features that need to be considered. The most notable feature of this type of finance is that the interest rate is likely to be high. At the same time, there are typically high administration fees applied to the loan. Because of this, it is essential to proceed very carefully and with a full view of the facts. Borrowers have been burned by this type of loan in the past, in instances where transactions have fallen through, or where lenders have turned out to be unscrupulous and untrustworthy. What are the various pros and cons of bridging finance? Benefits of instant bridging loans 1\. Rapid access to money 2\. Ability to borrow large sums – often up to £250 million depending on applicant status 3\. Options for flexible borrowing. Possible downsides of bridging loans: 1\. Failure to understand the unique features of these loans can result in financial risk 2\. Bridging finance is secured against your property; meaning it can be sold if you can’t meet the repayment terms 3\. A costly option with fees and higher interest What is the interest rate on a bridging loan? Bridging finance interest rates will vary by lender. However, interest costs of 1.5% a month are not unusual, which can equate to an annual percentage rate of 18%. Fixed or variable rate? Bridging loans may have fixed or variable interest rate features. Fixed interest rates are ideal for customers who want stability, as they offer the same amount of interest for the duration of the term. The rate is pre-agreed, but there may be a premium for this security. The other choice is to have a variable rate bridging loan which can change with the base rate. However, you can save money if the base rate decreases. Borrowers who are less concerned about security sometimes prefer the variable rate option if they believe that the financial markets will travel in their favour. Knowledge and market insight is required here, along with a thorough understanding of personal risk tolerance. If interest rates appear to be rising, most customers will choose the fixed interest rate to lock it in and avoid further increases in the event of a base rate rise. Repaying interest on a bridging loan? Bridging loan periods tend to be for several months and there are usually different options for paying the interest portion. Monthly repayments The customer repays the interest every month as a separate payment, rather than adding it to the outstanding balance Rolled-up bridging finance deals The compound interest is calculated monthly but added to the outstanding loan balance and paid together when repayment is due. Retained interest The monthly interest payment due is covered up to a predefined date so that the full sum is only repaid when monies are due. Fees and other costs? As well as interest payments, there will be an arrangement fee for the set-up of the bridging loan, which is usually around 1-2%. A repayment fee for exit paperwork may also apply, along with valuation fees for the cost of the surveyor. How long can you have a bridging loan for? Remember, this type of finance is designed to be short-term. As soon as it extends beyond the agreed interim or bridging period, penalties can rapidly stack up. Typically, bridging finance is available for 1 – 18 months. Are there different types of bridging loan? Yes, there are two broad types: closed bridging finance and open bridging finance. With closed bridging finance you will tell the lender how you will repay the loan – with what funds and when. These loans usually complete within a few months and the clear exit plan is required as a lending condition. Open bridge finance won’t usually need this type of exit plan, and it is typically the loan of choice when funds are needed urgently to complete a property transaction. No detailed plan is needed to explain how the debt will be settled, and the finance tends to be offered for up to a year. Of course, it’s important to note that interest will keep being applied throughout this period. There are also first charge bridging loans and second charge bridging loans. If you have a loan against a property which is already mortgaged, you’d take out a second charge loan. An example of this would be if you were planning to finance a property extension to improve the property. The categorisation tells the lenders who will have legal priority for repayment if the loan was unable to be paid off at the term-end. First charge loans apply if the new loan is the first secured on the property. Can I get a bridging loan? Bridging loan requirements will depend on the lender. Often, lenders will require that: Customers must also take out their property mortgage with them too, providing the bridge finance as an interim measure before the standard mortgage comes into play. Property is put forward as security against the loan. Some lenders expect applicants to have more than one property in order to be eligible for their bridging finance products, but this will depend on the lender and the size of the loan. Applicants show proof of income – although, interestingly, as loan interest isn’t repaid monthly, some lenders do not request this. The applicant shows evidence of their property investment track record if they are planning to develop their purchased property. The applicant can show a business plan if they are using the bridging loan for commercial purposes. What are the alternatives to bridging loans? Development loans are another type of short-term property development loan. They are repaid in stages and calculated on the gross value of the development. Personal loans are another option, as are remortgages when timescales are more flexible and a long-term loan is desirable. Tips for success when applying for instant bridging loans? Use a bridge loan calculator Ask for your lender to provide a tailored bridge finance example or illustration around your particular borrowing needs. Think carefully about the type of bridging loan that you need – whether open bridge finance or closed bridge finance. Know whether the loan is a first or second charge type. Clarify whether the interest rate is fixed or variable. Review products from several lenders. Be clear on your security. Read the small print! Who provides bridging finance? Bridging loans are offered by banks, building societies, specialist lenders and brokers. They aren’t widely advertised and usually require a direct application by the customer to find out the product features and offers. Once you have made an application, a decision will usually be made within 24 hours. The funds then will take around two weeks to be issued, including time for checks to be carried out, the valuation and the actual transfer. Keen to find out more? Hank Zarihs are highly experienced and specialist financial intermediaries operating in the property development market. We work with a tried and tested panel of over 60 trusted lenders and can provide excellent bridging finance with attractive features. Contact us to find out more. ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Your Success, Our Story [ ![Trustpilot](https://www.hankzarihs.com/wp-content/uploads/2024/09/Trustpilot.png "Trustpilot - Bridging and Development Finance Solutions")](https://uk.trustpilot.com/review/hankzarihs.com) [ ![Google r](https://www.hankzarihs.com/wp-content/uploads/2025/04/Google-r-1024x524.png "Google-r - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### 600+ ##### HAPPY CLIENTS #### £1B+ ##### DEALS FUNDED ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! [ Check out our Case Studies ](/case-studies/) ##### AREAS WE COVER ## Areas We Have Helped Clients for Auction Finance Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - [ Birmingham ](/birmingham/) - [ Bournemouth ](/bournemouth/) - [ Brighton ](/brighton/) - [ Bristol ](/bristol/) - [ Cardiff ](/cardiff/) - [ Coventry ](/coventry/) - [ Derby ](/derby/) - [ Edinburgh ](/edinburgh/) - [ Glasgow ](/glasgow/) - [ Leeds ](/leeds/) - [ Leicester ](/leicester/) - [ Liverpool ](/liverpool/) - [ London ](/london/) - [ Manchester ](/manchester/) - [ Middlesbrough ](/middlesbrough/) - [ Newcastle ](/newcastle/) - [ Northampton ](/northampton/) - [ Poole ](/poole/) - [ Portsmouth ](/portsmouth/) - [ Plymouth ](/plymouth/) - [ Reading ](/reading/) - [ Sheffield ](/sheffield/) - [ Southampton ](/southampton/) - [ Stoke ](/stoke/) - [ Wolverhampton ](/wolverhampton/) **Tags:** Transparent Header --- ### [Book a Call Today](https://www.hankzarihs.com/book-a-call-today/) **Published:** June 16, 2025 **Author:** Shiraz Khan **Content:** ##### WE WILL FUND YOUR PROJECT! # Book a Call Today . Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) - Appointments 7 days a week - From 7am till 10pm - No obligation - Terms issued within minutes - Friendly and experienced advisors - Ask all the questions you need! ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Your Success, Our Story [ ![Trustpilot](https://www.hankzarihs.com/wp-content/uploads/2024/09/Trustpilot.png "Trustpilot - Bridging and Development Finance Solutions")](https://uk.trustpilot.com/review/hankzarihs.com) [ ![Google r](https://www.hankzarihs.com/wp-content/uploads/2025/04/Google-r-1024x524.png "Google-r - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### 600+ ##### HAPPY CLIENTS #### £1B+ ##### DEALS FUNDED ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! [ Check out our Case Studies ](/case-studies/) **Tags:** Transparent Header --- ### [Blog](https://www.hankzarihs.com/blog/) **Published:** June 9, 2025 **Author:** Shiraz Khan **Content:** # Latest News & Insights . Stay informed with the latest news, market trends, and expert guidance on bridging loans, development finance, and UK real estate investment. Our blog is here to support your property journey with clear, practical advice. ##### SEARCH ARTICLES Search [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) ![12](https://www.hankzarihs.com/wp-content/uploads/2026/05/12-1024x1024.jpeg "12 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") - May 8, 2026 - [Auctions](https://www.hankzarihs.com/category/auctions/), [Blog](https://www.hankzarihs.com/category/blog/), [Bridging Finance](https://www.hankzarihs.com/category/bridging-finance/), [Development Finance Lenders](https://www.hankzarihs.com/category/development-finance-lenders/) ### [Sharia compliant 1st charge bridge against a trading 14-bed hotel asset](https://www.hankzarihs.com/sharia-compliant-1st-charge-bridge-against-a-trading-14-bed-hotel-asset/) Sharia Compliant Bridging Finance is gaining traction as a viable solution for experienced investors seeking speed, flexibility, and structure without [ Read More ](https://www.hankzarihs.com/sharia-compliant-1st-charge-bridge-against-a-trading-14-bed-hotel-asset/) - By Shiraz Khan ![54](https://www.hankzarihs.com/wp-content/uploads/2025/10/54-1024x678.jpg "54 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") - October 22, 2025 - [Blog](https://www.hankzarihs.com/category/blog/), [Development Finance Lenders](https://www.hankzarihs.com/category/development-finance-lenders/) ### [Building safety at risk if apprenticeship standards are ‘dumbed down’](https://www.hankzarihs.com/building-safety-at-risk-if-apprenticeship-standards-are-dumbed-down/) The construction industry has written an open letter to the prime minister Sir Keir Starmercalling for a rethink on proposed [ Read More ](https://www.hankzarihs.com/building-safety-at-risk-if-apprenticeship-standards-are-dumbed-down/) - By Shiraz Khan ![Maheshkumar painam QTde0HXqphY unsplash](https://www.hankzarihs.com/wp-content/uploads/2025/10/maheshkumar-painam-QTde0HXqphY-unsplash-1024x683.jpg "maheshkumar-painam-QTde0HXqphY-unsplash - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") - October 8, 2025 - [Blog](https://www.hankzarihs.com/category/blog/), [Development Finance Lenders](https://www.hankzarihs.com/category/development-finance-lenders/) ### [Scottish authorities called to cut red tape for SME housebuilders](https://www.hankzarihs.com/scottish-authorities-called-to-cut-red-tape-for-sme-housebuilders/) Scottish housing secretary Màiri McAllan is urging the country’s planning authorities to exercise proportionality to avoid ‘unnecessary’ costs and delays [ Read More ](https://www.hankzarihs.com/scottish-authorities-called-to-cut-red-tape-for-sme-housebuilders/) - By Shiraz Khan ![Samson vowles empty affordable homes scaled](https://www.hankzarihs.com/wp-content/uploads/2025/10/samson-vowles-empty-affordable-homes-1024x702.jpg "samson-vowles-empty affordable homes - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") - October 5, 2025 - [Advice](https://www.hankzarihs.com/category/advice/), [Blog](https://www.hankzarihs.com/category/blog/), [Development Finance Lenders](https://www.hankzarihs.com/category/development-finance-lenders/) ### [Developers push for greater tenure flexibility to unlock 700 stalled housing schemes](https://www.hankzarihs.com/developers-push-for-greater-tenure-flexibility-to-unlock-700-stalled-housing-schemes/) Housebuilders are calling for flexibility over tenures as financially strapped housing associations are increasingly unable to buy the ‘affordable homes’ [ Read More ](https://www.hankzarihs.com/developers-push-for-greater-tenure-flexibility-to-unlock-700-stalled-housing-schemes/) - By Shiraz Khan ![Glenn carstens peters checklist unsplash scaled](https://www.hankzarihs.com/wp-content/uploads/2025/09/glenn-carstens-peters-checklist-unsplash-1024x681.jpg "glenn-carstens-peters-checklist-unsplash - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") - September 26, 2025 - [Advice](https://www.hankzarihs.com/category/advice/), [Blog](https://www.hankzarihs.com/category/blog/), [Development Finance Lenders](https://www.hankzarihs.com/category/development-finance-lenders/) ### [Local plan checklist gets thumbs up from house builders](https://www.hankzarihs.com/local-plan-checklist-gets-thumbs-up-from-house-builders/) A new pre-examination checklist for local plans goes live next month to help speed up approvals and avoid lengthy inspectorate [ Read More ](https://www.hankzarihs.com/local-plan-checklist-gets-thumbs-up-from-house-builders/) - By Shiraz Khan ![Bekzat tanatar high rise building](https://www.hankzarihs.com/wp-content/uploads/2025/09/bekzat-tanatar-_high-rise-building-768x1024.jpg "bekzat-tanatar-_high rise building - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") - September 17, 2025 - [Blog](https://www.hankzarihs.com/category/blog/), [Development Finance Lenders](https://www.hankzarihs.com/category/development-finance-lenders/) ### [MPs back movefor medium sites of up to 150 homes in London](https://www.hankzarihs.com/mps-back-movefor-medium-sites-of-up-to-150-homes-in-london/) Expanding the proposed medium-sized site definition of ten to 49 homes to up to 150 for London has won the [ Read More ](https://www.hankzarihs.com/mps-back-movefor-medium-sites-of-up-to-150-homes-in-london/) - By Shiraz Khan ![Hans eiskonen srnG3kjGZFA unsplash scaled](https://www.hankzarihs.com/wp-content/uploads/2025/09/hans-eiskonen-srnG3kjGZFA-unsplash-1024x683.jpg "hans-eiskonen-srnG3kjGZFA-unsplash - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") - September 10, 2025 - [Advice](https://www.hankzarihs.com/category/advice/), [Blog](https://www.hankzarihs.com/category/blog/), [Development Finance Lenders](https://www.hankzarihs.com/category/development-finance-lenders/) ### [High-quality office space conversions could help solve the housing shortage](https://www.hankzarihs.com/high-quality-office-space-conversions-could-help-solve-the-housing-shortage/) Imposing a design code for conversions of empty office space into housing would help ensure the new homes were fit [ Read More ](https://www.hankzarihs.com/high-quality-office-space-conversions-could-help-solve-the-housing-shortage/) - By Shiraz Khan ![Engin Akyurt water bottle pic](https://www.hankzarihs.com/wp-content/uploads/2025/09/Engin-Akyurt-water-bottle-pic-1024x768.jpg "Engin Akyurt water bottle pic - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") - September 3, 2025 - [Advice](https://www.hankzarihs.com/category/advice/), [Auctions](https://www.hankzarihs.com/category/auctions/), [Blog](https://www.hankzarihs.com/category/blog/), [Development Finance Lenders](https://www.hankzarihs.com/category/development-finance-lenders/) ### [Water companies pressurised to clean up their act so 1.5m new homes can happen](https://www.hankzarihs.com/water-companies-pressurised-to-clean-up-their-act-so-1-5m-new-homes-can-happen/) Water companies must be held to account on sewage provision if the Government’s target of 1.5m new homes by 2029 [ Read More ](https://www.hankzarihs.com/water-companies-pressurised-to-clean-up-their-act-so-1-5m-new-homes-can-happen/) - By Shiraz Khan ![Dunton Hills Garden Village courtesy of Brentwood Borough Council](https://www.hankzarihs.com/wp-content/uploads/2025/08/Dunton-Hills-Garden-Village-courtesy-of-Brentwood-Borough-Council.jpg "Dunton Hills Garden Village courtesy of Brentwood Borough Council - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") - August 27, 2025 - [Advice](https://www.hankzarihs.com/category/advice/), [Blog](https://www.hankzarihs.com/category/blog/), [Development Finance Lenders](https://www.hankzarihs.com/category/development-finance-lenders/), [Finance News](https://www.hankzarihs.com/category/finance-news/) ### [Garden village on Essex golf site moves step closer to happening](https://www.hankzarihs.com/garden-village-on-essex-golf-site-moves-step-closer-to-happening/) Master developer Lands Improvement has acquired Dunton Hills golf centre and is set to put enabling infrastructure on the 551-site [ Read More ](https://www.hankzarihs.com/garden-village-on-essex-golf-site-moves-step-closer-to-happening/) - By Shiraz Khan ![Forth Yards credit Newcastle City Council 2](https://www.hankzarihs.com/wp-content/uploads/2025/08/Forth-Yards-credit-Newcastle-City-Council-2-1024x768.jpg "default - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") - August 19, 2025 - [Advice](https://www.hankzarihs.com/category/advice/), [Blog](https://www.hankzarihs.com/category/blog/), [Development Finance Lenders](https://www.hankzarihs.com/category/development-finance-lenders/) ### [£122m to pave the way for 1,100 new homes onthe site of Newcastle’s former lead works](https://www.hankzarihs.com/122m-to-pave-the-way-for-1100-new-homes-onthe-site-of-newcastles-former-lead-works/) A £122m cash injection to remediate derelict brownfield land, opening private sector investment for 1,100 new homes in Newcastle, has [ Read More ](https://www.hankzarihs.com/122m-to-pave-the-way-for-1100-new-homes-onthe-site-of-newcastles-former-lead-works/) - By Shiraz Khan ![Young construction worker scaled](https://www.hankzarihs.com/wp-content/uploads/2025/08/young-construction-worker-683x1024.jpg "young construction worker - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") - August 13, 2025 - [Blog](https://www.hankzarihs.com/category/blog/), [Development Finance Lenders](https://www.hankzarihs.com/category/development-finance-lenders/) ### [£100m to plug skills gap and cut reliance on overseas construction workers](https://www.hankzarihs.com/100m-to-plug-skills-gap-and-cut-reliance-on-overseas-construction-workers/) More than 40,000 future builders, bricklayers, electricians, carpenters and plumbers are to be trained across the country by 2029 in [ Read More ](https://www.hankzarihs.com/100m-to-plug-skills-gap-and-cut-reliance-on-overseas-construction-workers/) - By Shiraz Khan ![Bernd dittrich 5ppyOWcKGEc unsplash](https://www.hankzarihs.com/wp-content/uploads/2025/08/bernd-dittrich-5ppyOWcKGEc-unsplash-1024x693.jpg "bernd-dittrich-5ppyOWcKGEc-unsplash - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") - July 30, 2025 - [Blog](https://www.hankzarihs.com/category/blog/), [Development Finance Lenders](https://www.hankzarihs.com/category/development-finance-lenders/) ### [On the right track – 40,000 new homes to be built on disused railway land](https://www.hankzarihs.com/on-the-right-track-40000-new-homes-to-be-built-on-disused-railway-land/) Transport secretary Heidi Alexanderhas announced plans to unlock swathes of surplus railway land across England for a £1bn development of [ Read More ](https://www.hankzarihs.com/on-the-right-track-40000-new-homes-to-be-built-on-disused-railway-land/) - By Shiraz Khan Scroll down to load more ![12](https://www.hankzarihs.com/wp-content/uploads/2026/05/12-1024x1024.jpeg "12 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Sharia compliant 1st charge bridge against a trading 14-bed hotel asset](https://www.hankzarihs.com/sharia-compliant-1st-charge-bridge-against-a-trading-14-bed-hotel-asset/) Sharia Compliant Bridging Finance is gaining traction as a viable solution for experienced investors seeking speed, flexibility, and structure without [ Read More ](https://www.hankzarihs.com/sharia-compliant-1st-charge-bridge-against-a-trading-14-bed-hotel-asset/) ![54](https://www.hankzarihs.com/wp-content/uploads/2025/10/54-1024x678.jpg "54 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Building safety at risk if apprenticeship standards are ‘dumbed down’](https://www.hankzarihs.com/building-safety-at-risk-if-apprenticeship-standards-are-dumbed-down/) The construction industry has written an open letter to the prime minister Sir Keir Starmercalling for a rethink on proposed [ Read More ](https://www.hankzarihs.com/building-safety-at-risk-if-apprenticeship-standards-are-dumbed-down/) ![Maheshkumar painam QTde0HXqphY unsplash](https://www.hankzarihs.com/wp-content/uploads/2025/10/maheshkumar-painam-QTde0HXqphY-unsplash-1024x683.jpg "maheshkumar-painam-QTde0HXqphY-unsplash - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Scottish authorities called to cut red tape for SME housebuilders](https://www.hankzarihs.com/scottish-authorities-called-to-cut-red-tape-for-sme-housebuilders/) Scottish housing secretary Màiri McAllan is urging the country’s planning authorities to exercise proportionality to avoid ‘unnecessary’ costs and delays [ Read More ](https://www.hankzarihs.com/scottish-authorities-called-to-cut-red-tape-for-sme-housebuilders/) ![Samson vowles empty affordable homes scaled](https://www.hankzarihs.com/wp-content/uploads/2025/10/samson-vowles-empty-affordable-homes-1024x702.jpg "samson-vowles-empty affordable homes - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Developers push for greater tenure flexibility to unlock 700 stalled housing schemes](https://www.hankzarihs.com/developers-push-for-greater-tenure-flexibility-to-unlock-700-stalled-housing-schemes/) Housebuilders are calling for flexibility over tenures as financially strapped housing associations are increasingly unable to buy the ‘affordable homes’ [ Read More ](https://www.hankzarihs.com/developers-push-for-greater-tenure-flexibility-to-unlock-700-stalled-housing-schemes/) ##### WE WILL FUND YOUR PROJECT! ## Book a Call Today Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - Appointments 7 days a week - From 7am till 10pm - No obligation - Terms issued within minutes - Friendly and experienced advisors - Ask all the questions you need! ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Your Success, Our Story [ ![Trustpilot](https://www.hankzarihs.com/wp-content/uploads/2025/04/trustpilot.png "trustpilot - Bridging and Development Finance Solutions")](https://uk.trustpilot.com/review/hankzarihs.com) [ ![Google](https://www.hankzarihs.com/wp-content/uploads/2025/04/google.png "google - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### 600+ ##### HAPPY CLIENTS #### £1B+ ##### DEALS FUNDED ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2025/04/hza.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2025/04/hza.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2025/04/hza.svg) Jessica Trim*★★★★★* Director **Professsionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! [ Check out our Case Studies ](/case-studies/) ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Your Success, Our Story [ ![Trustpilot](https://www.hankzarihs.com/wp-content/uploads/2024/09/Trustpilot.png "Trustpilot - Bridging and Development Finance Solutions")](https://uk.trustpilot.com/review/hankzarihs.com) [ ![Google r](https://www.hankzarihs.com/wp-content/uploads/2025/04/Google-r-1024x524.png "Google-r - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### 600+ ##### HAPPY CLIENTS #### £1B+ ##### DEALS FUNDED ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! [ Check out our Case Studies ](/case-studies/) ##### AREAS WE COVER ## Areas We Have Helped Clients for Auction Finance Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - [ Birmingham ](/birmingham/) - [ Bournemouth ](/bournemouth/) - [ Brighton ](/brighton/) - [ Bristol ](/bristol/) - [ Cardiff ](/cardiff/) - [ Coventry ](/coventry/) - [ Derby ](/derby/) - [ Edinburgh ](/edinburgh/) - [ Glasgow ](/glasgow/) - [ Leeds ](/leeds/) - [ Leicester ](/leicester/) - [ Liverpool ](/liverpool/) - [ London ](/london/) - [ Manchester ](/manchester/) - [ Middlesbrough ](/middlesbrough/) - [ Newcastle ](/newcastle/) - [ Northampton ](/northampton/) - [ Poole ](/poole/) - [ Portsmouth ](/portsmouth/) - [ Plymouth ](/plymouth/) - [ Reading ](/reading/) - [ Sheffield ](/sheffield/) - [ Southampton ](/southampton/) - [ Stoke ](/stoke/) - [ Wolverhampton ](/wolverhampton/) **Tags:** Transparent Header --- ### [All Resources & Tools](https://www.hankzarihs.com/all-resources-tools/) **Published:** July 12, 2025 **Author:** Shiraz Khan **Content:** ##### FINANCIAL TOOL ## Other Tools & Resources Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nulla facilisi. Curabitur tincidunt, nunc vel tincidunt pretium, felis ligula feugiat neque, ac volutpat turpis velit et metus. Integer suscipit, justo a venenatis bibendum [ ![Asset 12x](https://www.hankzarihs.com/wp-content/uploads/2025/07/Asset-12x.png "Asset 12x - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](/bridging-loan-calculator/) [ ![Asset 22x](https://www.hankzarihs.com/wp-content/uploads/2025/07/Asset-22x.png "Asset 22x - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/wp-content/uploads/2025/07/Guide-to-Bridging-Finance.pdf) [ ![Asset 32x](https://www.hankzarihs.com/wp-content/uploads/2025/07/Asset-32x.png "Asset 32x - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](/auction-finance-calculator/) [ ![Asset 42x](https://www.hankzarihs.com/wp-content/uploads/2025/07/Asset-42x.png "Asset 42x - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/wp-content/uploads/2025/07/Guide-to-Auction-Finance.pdf) [ ![Asset 72x](https://www.hankzarihs.com/wp-content/uploads/2025/07/Asset-72x.png "Asset 72x - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](/hmo-mortgage-calculator/) [ ![Asset 62x](https://www.hankzarihs.com/wp-content/uploads/2025/07/Asset-62x.png "Asset 62x - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](/development-finance-calculator/) [ ![Asset 52x](https://www.hankzarihs.com/wp-content/uploads/2025/07/Asset-52x.png "Asset 52x - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](https://www.hankzarihs.com/wp-content/uploads/2025/07/Guide-to-Refurbishment-FInance.pdf) ![Asset d](https://www.hankzarihs.com/wp-content/uploads/2025/07/Asset-d.png "Asset-d - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [](/bridging-loan-calculator/) ![Asset-12](https://www.hankzarihs.com/wp-content/uploads/2025/09/Asset-82x.png "Asset 12x - Bridging and Development Finance Solutions") [](https://www.hankzarihs.com/wp-content/uploads/2025/07/Guide-to-Bridging-Finance.pdf) ![Asset-22](https://www.hankzarihs.com/wp-content/uploads/2025/09/Asset-92x.png "Asset 22x - Bridging and Development Finance Solutions") [](https://www.hankzarihs.com/auction-finance-calculator/) ![Asset-32](https://www.hankzarihs.com/wp-content/uploads/2025/09/Asset-102x.png "Asset 32x - Bridging and Development Finance Solutions") [](https://www.hankzarihs.com/wp-content/uploads/2025/07/Guide-to-Auction-Finance.pdf) ![Asset-42](https://www.hankzarihs.com/wp-content/uploads/2025/09/Asset-112x.png "Asset 42x - Bridging and Development Finance Solutions") [](/hmo-mortgage-calculator/) ![Asset-72](https://www.hankzarihs.com/wp-content/uploads/2025/09/Asset-142x.png "Asset 72x - Bridging and Development Finance Solutions") [](/development-finance-calculator/) ![Asset-62](https://www.hankzarihs.com/wp-content/uploads/2025/09/Asset-132x.png "Asset 62x - Bridging and Development Finance Solutions") [](https://www.hankzarihs.com/wp-content/uploads/2025/07/Guide-to-Refurbishment-FInance.pdf) ![Asset-52](https://www.hankzarihs.com/wp-content/uploads/2025/09/Asset-122x.png "Asset 52x - Bridging and Development Finance Solutions") [ Explore All Resources & Tools ](/all-resources-tools/) ##### FINANCIAL TOOL ## Other Tools & Resources Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nulla facilisi. Curabitur tincidunt, nunc vel tincidunt pretium, felis ligula feugiat neque, ac volutpat turpis velit et metus. Integer suscipit, justo a venenatis bibendum ### Calculate Auction Finance . Estimate your finance needs or go thru our quick pdf guide. [ Try Calculator ](/auction-finance-calculator/) [ Download PDF Guide ](https://www.hankzarihs.com/wp-content/uploads/2025/07/Guide-to-Auction-Finance.pdf) - [ learn more ](#) ### Estimate Bridging Costs . Estimate your needs or go thru our quick pdf guide. [ Try Calculator ](/bridging-loan-calculator/) [ Download PDF Guide ](https://www.hankzarihs.com/wp-content/uploads/2025/07/Guide-to-Bridging-Finance.pdf) - [ learn more ](#) ### Development Loan Calculator . Check your borrowing capacity or download guide for more info. [ Calculator ](/development-finance-calculator/) [ Download PDF Guide ](#) - [ learn more ](#) ### Refurbishment Loan Calculator . Check your borrowing capacity or download guide for more info. [ Calculator ](#) [ Download PDF Guide ](https://www.hankzarihs.com/wp-content/uploads/2025/07/Guide-to-Refurbishment-FInance.pdf) - [ learn more ](#) ### HMO Afforability Estimator [ Estimate Now ](/hmo-mortgage-calculator/) [ Download PDF Guide ](#) ### Refurbishment Calculator [ Estimate Now ](#) [ Download PDF Guide ](https://www.hankzarihs.com/wp-content/uploads/2025/07/Guide-to-Refurbishment-FInance.pdf) [ Explore All Resources & Tools ](/all-resources-tools/) --- ### [About Us](https://www.hankzarihs.com/about-us/) **Published:** June 2, 2025 **Author:** Shiraz Khan **Content:** # About Us . Smart Finance. Fast Decisions. Trusted Relationships. [ Explore Our Team ](/our-finance-specialists/) Since 2014, Hank Zarihs Associates has helped developers, landlords, and property professionals unlock over £1 billion in commercial property finance. We are an independent specialist advisory firm with a strong track record in sourcing and structuring short-term and development finance solutions across the UK. Our team works at the intersection of speed, strategy, and service — delivering the financial backing our clients need to move quickly on opportunities, mitigate risk, and grow their portfolios. Established 2014 Deals Secured £1B+ Lenders & Partners 25+ Completed Transactions 700+ Financial Solutions End-to-End Focused on Deliverable Fast Transactions #### Our Vision At Hank Zarihs Associates, our vision is to be the trusted partner for tailored finance solutions, empowering clients to succeed with speed, transparency, and expertise. - Client-Centric Approach – Putting your goals first - Fast & Flexible Funding – Solutions that fit your needs - Trusted Industry Experts – Backed by proven experience - Innovative Finance Options – Bridging traditional gaps - Long-Term Relationships – Growing with our clients #### Our Mission At Hank Zarihs Associates, our mission is to deliver smart, efficient, and tailored funding solutions that drive success for property developers and investors - Deliver Rapid Funding – Speed matters in every deal - Simplify Loan Processes – Hassle-free from start to finish - Support Property Growth – Fueling development ambitions - Offer Expert Guidance – Every step, every project - Build Financial Trust – Long-term success, together ##### TAILORED FUNDING SOLUTIONS ## Our Services Our core focus is offering fast solutions, financial products that deliver results, and the highest of service levels. If you would like to find out more please contact us to discuss your funding requirements. ## 01 ### Auction Finance - Fast Auction Funding - Immediate Bid Support - Secure Property Quickly [ Apply Now ](/auction-finance/) [ ](/auction-finance-calculator/) [ ](/auction-finance/) [ learn more ](/auction-finance/) ## Auction Finance ## 02 ### Bridging Finance - Fast Funding Solutions - Short-Term Loans - Flexible Repayment Terms [ Apply Now ](/bridging-loan-broker/) [ ](/bridging-loan-calculator/) [ ](/bridging-loan-broker/) [ learn more ](/bridging-loan-broker/) ## Bridging Finance ## 03 ### Development Finance - Fund property projects - Unmortgageable property - No proof of income [ Apply Now ](/development-finance/) [ ](/development-finance-calculator/) [ ](/development-finance/) [ learn more ](/development-finance/) ## Auction Finance ## 04 ### Buy-to-Let Finance - Invest in property - Rental income support - Landlord funding solutions [ Apply Now ](/buy-to-let-mortgages-for-non-uk-residents/) [ ](/buy-to-let-mortgage-calculator/) [ ](/buy-to-let-mortgages-for-non-uk-residents/) [ learn more ](/buy-to-let-mortgages-for-non-uk-residents/) ## Auction Finance ## 05 ### Equity/JV Funding - Share investment risk - Partner for growth - Flexible funding partnership [ Apply Now ](/joint-venture-property-finance/) [ ](/joint-venture-property-finance/) [ learn more ](/joint-venture-property-finance/) ## Bridging Finance ## 06 ### 2nd Charge Finance - Unlock property equity - Flexible funding option - Quick secondary loan [ Apply Now ](/second-charge-bridging-loans/) [ ](/second-charge-bridging-loans/) [ learn more ](/second-charge-bridging-loans/) ## Auction Finance [ Explore All Services ](/our-services/) ##### HANK ZARIHS ASSOCIATES ## Who We Work With At Hank Zarihs Associates, we work closely with a wide range of property professionals and stakeholders across the UK real estate sector. Our finance solutions are built around the unique needs, timelines, and challenges of each client type. ![Image removebg preview 3](https://www.hankzarihs.com/wp-content/uploads/2025/06/image-removebg-preview-3.png "image-removebg-preview (3) - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") #### Property Developers From first-time developers to nationally recognised housebuilders, we help structure funding for everything from land acquisition to ground-up residential and commercial construction. Whether it’s a single-unit conversion or a multi-phase development, we understand the pace and complexity developers face—and respond with the funding agility they need. Read more Hide Text ![NoPath Copy 10](https://www.hankzarihs.com/wp-content/uploads/2025/06/NoPath-Copy-10.png "NoPath - Copy (10) - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") #### Investors & Landlords We support portfolio landlords and real estate investors managing buy-to-let properties, HMOs, commercial units, and mixed-use assets. Our team helps optimise financing for property purchases, refurbishments, and refinancing—ensuring capital is working efficiently across every asset. Read more Hide Text ![NoPath Copy 11](https://www.hankzarihs.com/wp-content/uploads/2025/06/NoPath-Copy-11.png "NoPath - Copy (11) - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") #### Brokers & Intermediaries We act as a trusted backend lending partner for mortgage brokers, financial advisers, and introducers. When speed, flexibility, or complex deal structuring is needed, we offer a reliable route to specialist lenders with transparent terms and fast completions—while protecting your client relationships. Read more Hide Text ![Mask Group 8](https://www.hankzarihs.com/wp-content/uploads/2025/06/Mask-Group-8.png "Mask Group 8 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") #### High Net-Worth Ind. & Family Offices For sophisticated investors and family offices looking to allocate capital into UK property, we provide access to off-market lending opportunities, structured finance, and discreet deal support. Our solutions cater to both short-term gains and long-term asset growth, always guided by tax, risk, and return considerations. Read more Hide Text ##### WE WILL FUND YOUR PROJECT! ## Book a Call Today Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - Appointments 7 days a week - From 7am till 10pm - No obligation - Terms issued within minutes - Friendly and experienced advisors - Ask all the questions you need! ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Your Success, Our Story [ ![Trustpilot](https://www.hankzarihs.com/wp-content/uploads/2024/09/Trustpilot.png "Trustpilot - Bridging and Development Finance Solutions")](https://uk.trustpilot.com/review/hankzarihs.com) [ ![Google r](https://www.hankzarihs.com/wp-content/uploads/2025/04/Google-r-1024x524.png "Google-r - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### 600+ ##### HAPPY CLIENTS #### £1B+ ##### DEALS FUNDED ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! [ Check out our Case Studies ](/case-studies/) ##### AREAS WE COVER ## Areas We Have Helped Clients for Auction Finance Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - [ Birmingham ](/birmingham/) - [ Bournemouth ](/bournemouth/) - [ Brighton ](/brighton/) - [ Bristol ](/bristol/) - [ Cardiff ](/cardiff/) - [ Coventry ](/coventry/) - [ Derby ](/derby/) - [ Edinburgh ](/edinburgh/) - [ Glasgow ](/glasgow/) - [ Leeds ](/leeds/) - [ Leicester ](/leicester/) - [ Liverpool ](/liverpool/) - [ London ](/london/) - [ Manchester ](/manchester/) - [ Middlesbrough ](/middlesbrough/) - [ Newcastle ](/newcastle/) - [ Northampton ](/northampton/) - [ Poole ](/poole/) - [ Portsmouth ](/portsmouth/) - [ Plymouth ](/plymouth/) - [ Reading ](/reading/) - [ Sheffield ](/sheffield/) - [ Southampton ](/southampton/) - [ Stoke ](/stoke/) - [ Wolverhampton ](/wolverhampton/) **Tags:** Transparent Header --- ### [VAT Loans – Hankzarihs](https://www.hankzarihs.com/vat-loans/) **Published:** April 17, 2025 **Author:** Shiraz Khan **Content:** # VAT Loans – Hankzarihs . If you’re looking to purchase a property at auction – perhaps to refurbish, or to acquire the land to build upon – then you may need finance to complete the transaction. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### Lending up to 100% NET #### Minimum Term 01 Day #### Rates from 0.65% #### Approval time Minutes #### Towards build up to 100% #### Minimum loan £200k #### Maximum Laon £100M+ #### Valuation OMV #### Table of Contents When you run a business, tax liabilities are part of the annual cost cycle and must be met in a timely way to avoid costly fees. Businesses typically submit their VAT return to HMRC on a quarterly basis, even if they have no VAT due to pay or reclaim. However, unexpected bills do happen and these surprise costs can be detrimental to **businesses**. [VAT loans](/vat-loans) can help businesses to obtain short-term finance in order to meet their tax obligations and to free up cash. ## What is a VAT loan? Businesses sometimes use a VAT bridging loan as a short-term means of spreading a VAT bill and improving the company cash flow in the process. By doing this, they can focus on delivering their underlying strategy for growth, competitiveness and/or expansion, whilst implementing a longer-term arrangement to pay all VAT monies due. Businesses that do owe VAT to HMRC can choose how they pay it. Some pay their tax bill annually or bi-annually, but most will finance every new quarter’s VAT bill across the year in order to better profile their costs. ![VAT business funding application](https://www.hankzarihs.com/wp-content/uploads/2025/05/VAT_business_funding_application-1024x682.jpg "VAT_business_funding_application - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### VAT loan definition **VAT** loans, also known as VAT **funding**, are a form of business finance used to meet the cost of VAT bills and to avoid – or reduce – the cost of fines levied by HMRC for late payment. They are a useful finance product for businesses who wish to retain access to their cash flow for business purposes. ## How does a business VAT loan work? Simply tell us what your VAT liability is, and provide some basic information for us to engage with our panel of lenders. We will provide you with a tailored illustration which tells you how much the repayments will be. Many clients choose to draw down their funds each quarter in order to free up essential cash flow. Usually, lenders will also pay the funds directly to HMRC under the client’s name. H.Z.A ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Why choose Hank Zarihs Associates as your broker? Hank Zarihs Associates are a specieralist brokers of VAT bridging loans, bounce back loans and other kinds of specialist business finance. We work with a tried and trusted panel of special business finance lenders to provide access to VAT funding at the best possible rates. Some of the reasons to use Hank Zarihs Associates are: ### Our service As an experienced financial intermediary, we are in a position to submit applications for our clients that stand the best chance of gaining rapid acceptance from lenders. We use our knowledge, experience and business processes to save our clients time and hassle by taking on the administration for them. ### Speed We are extremely fast and efficient – leveraging our finance panel relationships and processes to obtain finance and other forms of business loan for clients in the shortest possible amount of time. ### Access to the best rates Our comprehensive lending panel often provides us with rates that are not available directly on the market. This is because we are able to work quickly and efficiently – allowing funders to pass on their cost savings in the form of better rates. We also ensure complete transparency on all costs and features of available loans, so that our clients can be confident of taking out the right product for their needs. ### Relationships Trust is at the heart of everything we do, and the team at Hank Zarihs Associates works hard to develop productive, long-term relationships that maximise value over time. We are proud that many of our clients use us time and time again for their business loans; trusting us to find the specialist business finance products that they need to thrive and grow. ### Apply for a VAT bridging loan Ready to apply for VAT bridging finance? We work with a tried and trusted panel of VAT lenders who are actively lending. The deals that we can recommend to our clients are updated daily, so you have complete peace of mind that you are receiving details of the best possible VAT finance product on the market in real-time. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) ### Check out our bridging loan calculator We recommend that you try out our bridging loan calculator to give you an idea of what you could be eligible for and how much your finance could cost. ![Tag image](https://www.hankzarihs.com/wp-content/uploads/2025/04/tag-image.svg "tag-image - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### Benefits of VAT loans [ Schedule a Meeting Now ](#book-a-call-today) [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) ### Meet your tax obligations VAT finance provide rapid access to bridging finance to meet tax liabilities and to avoid expensive penalties. ### Free up cash flow Apply for commercial development One of the main challenges with the VAT return is that it can be difficult for businesses to accurately anticipate their tax liabilities. By having access to a VAT bridging loan facility, those businesses can retain a healthy cash flow for their strategic activities – allowing them to keep delivering, growing and satisfying customers to secure the long-term health of the business. ### Convenience Many businesses simply won’t have large reserves of cash sitting in an account on the off-chance that HMRC provides a bigger bill than usual! Access to VAT finance is a convenient, fast way to meet tax obligations whilst allowing the business to function in the best possible way. ### Peace of mind Bridging finance is another form of specialist short-term finance designed to ‘bridge’ the funding gap between a sale and purchase. Our panel of lenders offer extremely fast access to attractive VAT bridging finance products. ### Straight forward process Our brokers will make the process of obtaining a VAT bridging loan as seemless as possbile. ##### WE WILL FUND YOUR PROJECT! ## Book a Call Today Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - Appointments 7 days a week - From 7am till 10pm - No obligation - Terms issued within minutes - Friendly and experienced advisors - Ask all the questions you need! ## In need of short term funding solutions? VAT loan facility is available from specialist lenders and doesn’t tend to be a mainstream product offered by a standard high street bank. The good news for businesses is that VAT funding tends to be flexible and offered according to their needs. Terms and conditions of VAT funding solutions depend on the specific lender, but tend to have these types of features: - VAT loan amounts of between c. £2,000 and £10 million - Flexible loan terms, typically between 3 months and 5 years. - Fixed monthly payments are common, but some lenders may offer staged or variable repayments according to the customer’s business income cycle, with the option to overpay etc. Businesses seeking these kinds of flexible feature are urged to apply for their VAT finance via a specialist finance intermediary such as Hank Zarihs Associates obtain the best chance of securing this type of flexible facility. - The ability to redeem the loan early, if the client business wishes. ## How to apply for a VAT loan? To apply for a VAT loan, simply contact the team at Hank Zarihs Associates and provide some basic information. We collect only the bare minimum of detail that our lending panel need to submit offers. This process takes just a few minutes and you will receive your loan offers back within the hour. Once you have chosen your loan, we take care of the administration so that the lender can complete the transaction and release your funds in the shortest possible time. Throughout the process we provide a superb level of customer service, offering advice and clarity at each stage of the process so that our clients are completely clear on the terms of their VAT loan and appropriate finance products which can help their businesses. ## Do I qualify? / Am I eligible? Individual lenders have their own eligibility criteria, but these tend to be fairly broad and open for business applicants who need a VAT loan. Most will welcome all registered businesses, whether they are sole traders, partnerships or limited companies. Some may require evidence of a certain baseline level of turnover and most will insist that you have been trading for at least a year. Contact Hank Zarihs Associates with your needs and we can establish which VAT finance you are likely to be eligible for, with our swift, hassle-free process. ### Want to find out more about VAT funding? It’s easy to apply for VAT funding with Hank Zarihs Associates. Simply call us on 020 3889 4403, Monday to Friday, from 9 am to 9 pm and one of our team will be delighted to assist. Alternatively, please complete the short enquiry form on our website and one of our team will call you back at a time that best suits you. ##### WHAT IS BRIDGING FINANCE? ## Bridging Finance & How does it work? Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ What is bridging finance & how does it work? You may have heard about bridging loans in the context of property investment or moving house, but what exactly are they? Basically, [bridging finance](/fast-bridging-finance/) is a type of short-term loan that allows a buyer to purchase a property before their existing home or investment property is sold. As the name suggests, it ‘bridges’ the funding gap in the lag between purchase and sale – offering rapid access to the necessary purchase funds for a brief period of time. Borrowers can access from £5,000 to £250 million, depending on applicant status, the value of the property and other lender criteria. Higher lending amounts are typically reserved for borrowers who can put up several properties as security. Quotes are provided on a Loan to Value (LTV) of 65%-80% in most situations. What are the typical uses of bridging loans? Bridging loans can be used in a number of situations. For example: 1. When people are moving home in a chain, with a gap between completion dates (e.g. needing to pay for the new property before receiving funds on the completed old property). 2. When property investors or private buyers renovate a home and want a rapid sell-on. 3. When an individual is looking to buy a property at an auction. 4. When property investors and developers are looking to pay a tax bill 5. When buyers want to secure finance against an uninhabitable property. This type of finance can be used by homeowners, landlords and property developers alike. Are bridging loans a good idea? The bridging finance market has grown rapidly, with a number of small and focused lenders now on the market, catering for specialist property finance needs. The market has changed because large high-street lenders have become less willing (and sometimes less able) to lend ever since the financial crisis of 2008. As to whether a bridging loan for property development, auction purchase or private home buying is a good idea, it depends on a variety of factors. Bridging loan requirements vary by lender, but each will have certain common features that need to be considered. The most notable feature of this type of finance is that the interest rate is likely to be high. At the same time, there are typically high administration fees applied to the loan. Because of this, it is essential to proceed very carefully and with a full view of the facts. Borrowers have been burned by this type of loan in the past, in instances where transactions have fallen through, or where lenders have turned out to be unscrupulous and untrustworthy. What are the various pros and cons of bridging finance? Benefits of instant bridging loans 1\. Rapid access to money 2\. Ability to borrow large sums – often up to £250 million depending on applicant status 3\. Options for flexible borrowing. Possible downsides of bridging loans: 1\. Failure to understand the unique features of these loans can result in financial risk 2\. Bridging finance is secured against your property; meaning it can be sold if you can’t meet the repayment terms 3\. A costly option with fees and higher interest What is the interest rate on a bridging loan? Bridging finance interest rates will vary by lender. However, interest costs of 1.5% a month are not unusual, which can equate to an annual percentage rate of 18%. Fixed or variable rate? Bridging loans may have fixed or variable interest rate features. Fixed interest rates are ideal for customers who want stability, as they offer the same amount of interest for the duration of the term. The rate is pre-agreed, but there may be a premium for this security. The other choice is to have a variable rate bridging loan which can change with the base rate. However, you can save money if the base rate decreases. Borrowers who are less concerned about security sometimes prefer the variable rate option if they believe that the financial markets will travel in their favour. Knowledge and market insight is required here, along with a thorough understanding of personal risk tolerance. If interest rates appear to be rising, most customers will choose the fixed interest rate to lock it in and avoid further increases in the event of a base rate rise. Repaying interest on a bridging loan? Bridging loan periods tend to be for several months and there are usually different options for paying the interest portion. Monthly repayments The customer repays the interest every month as a separate payment, rather than adding it to the outstanding balance Rolled-up bridging finance deals The compound interest is calculated monthly but added to the outstanding loan balance and paid together when repayment is due. Retained interest The monthly interest payment due is covered up to a predefined date so that the full sum is only repaid when monies are due. Fees and other costs? As well as interest payments, there will be an arrangement fee for the set-up of the bridging loan, which is usually around 1-2%. A repayment fee for exit paperwork may also apply, along with valuation fees for the cost of the surveyor. How long can you have a bridging loan for? Remember, this type of finance is designed to be short-term. As soon as it extends beyond the agreed interim or bridging period, penalties can rapidly stack up. Typically, bridging finance is available for 1 – 18 months. Are there different types of bridging loan? Yes, there are two broad types: closed bridging finance and open bridging finance. With closed bridging finance you will tell the lender how you will repay the loan – with what funds and when. These loans usually complete within a few months and the clear exit plan is required as a lending condition. Open bridge finance won’t usually need this type of exit plan, and it is typically the loan of choice when funds are needed urgently to complete a property transaction. No detailed plan is needed to explain how the debt will be settled, and the finance tends to be offered for up to a year. Of course, it’s important to note that interest will keep being applied throughout this period. There are also first charge bridging loans and second charge bridging loans. If you have a loan against a property which is already mortgaged, you’d take out a second charge loan. An example of this would be if you were planning to finance a property extension to improve the property. The categorisation tells the lenders who will have legal priority for repayment if the loan was unable to be paid off at the term-end. First charge loans apply if the new loan is the first secured on the property. Can I get a bridging loan? Bridging loan requirements will depend on the lender. Often, lenders will require that: Customers must also take out their property mortgage with them too, providing the bridge finance as an interim measure before the standard mortgage comes into play. Property is put forward as security against the loan. Some lenders expect applicants to have more than one property in order to be eligible for their bridging finance products, but this will depend on the lender and the size of the loan. Applicants show proof of income – although, interestingly, as loan interest isn’t repaid monthly, some lenders do not request this. The applicant shows evidence of their property investment track record if they are planning to develop their purchased property. The applicant can show a business plan if they are using the bridging loan for commercial purposes. What are the alternatives to bridging loans? Development loans are another type of short-term property development loan. They are repaid in stages and calculated on the gross value of the development. Personal loans are another option, as are remortgages when timescales are more flexible and a long-term loan is desirable. Tips for success when applying for instant bridging loans? Use a bridge loan calculator Ask for your lender to provide a tailored bridge finance example or illustration around your particular borrowing needs. Think carefully about the type of bridging loan that you need – whether open bridge finance or closed bridge finance. Know whether the loan is a first or second charge type. Clarify whether the interest rate is fixed or variable. Review products from several lenders. Be clear on your security. Read the small print! Who provides bridging finance? Bridging loans are offered by banks, building societies, specialist lenders and brokers. They aren’t widely advertised and usually require a direct application by the customer to find out the product features and offers. Once you have made an application, a decision will usually be made within 24 hours. The funds then will take around two weeks to be issued, including time for checks to be carried out, the valuation and the actual transfer. Keen to find out more? Hank Zarihs are highly experienced and specialist financial intermediaries operating in the property development market. We work with a tried and tested panel of over 60 trusted lenders and can provide excellent bridging finance with attractive features. Contact us to find out more. ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Your Success, Our Story [ ![Trustpilot](https://www.hankzarihs.com/wp-content/uploads/2024/09/Trustpilot.png "Trustpilot - Bridging and Development Finance Solutions")](https://uk.trustpilot.com/review/hankzarihs.com) [ ![Google r](https://www.hankzarihs.com/wp-content/uploads/2025/04/Google-r-1024x524.png "Google-r - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### 600+ ##### HAPPY CLIENTS #### £1B+ ##### DEALS FUNDED ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! [ Check out our Case Studies ](/case-studies/) ##### AREAS WE COVER ## Areas We Have Helped Clients for Auction Finance Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - [ Birmingham ](/birmingham/) - [ Bournemouth ](/bournemouth/) - [ Brighton ](/brighton/) - [ Bristol ](/bristol/) - [ Cardiff ](/cardiff/) - [ Coventry ](/coventry/) - [ Derby ](/derby/) - [ Edinburgh ](/edinburgh/) - [ Glasgow ](/glasgow/) - [ Leeds ](/leeds/) - [ Leicester ](/leicester/) - [ Liverpool ](/liverpool/) - [ London ](/london/) - [ Manchester ](/manchester/) - [ Middlesbrough ](/middlesbrough/) - [ Newcastle ](/newcastle/) - [ Northampton ](/northampton/) - [ Poole ](/poole/) - [ Portsmouth ](/portsmouth/) - [ Plymouth ](/plymouth/) - [ Reading ](/reading/) - [ Sheffield ](/sheffield/) - [ Southampton ](/southampton/) - [ Stoke ](/stoke/) - [ Wolverhampton ](/wolverhampton/) **Tags:** Transparent Header --- ### [Unregulated Bridging Loans](https://www.hankzarihs.com/unregulated-bridging-loans/) **Published:** April 17, 2025 **Author:** Shiraz Khan **Content:** # Unregulated Bridging Loans . If you’re looking to purchase a property at auction – perhaps to refurbish, or to acquire the land to build upon – then you may need finance to complete the transaction. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### Lending up to 100% NET #### Minimum Term 01 Day #### Rates from 0.65% #### Approval time Minutes #### Towards build up to 100% #### Minimum loan £200k #### Maximum Laon £100M+ #### Valuation OMV #### Table of Contents Property development is booming across the UK. Contrary to earlier predictions of a slowdown, the industry is experiencing some of its strongest performances in decades. Landlords, developers, and investors are now facing heightened competition for resources like land and development opportunities. The surge in the property market has also led to a sharp rise in mortgage applications. However, banks are struggling to meet the overwhelming commercial and residential demand. This shortfall has prompted a significant increase in alternative financing options, particularly bridging loans. ## Understanding Bridging Loans: Regulated vs. Unregulated **Bridging loans** are short-term financing solutions that help bridge the gap between the purchase of a new property and the sale of an existing one or fund property development projects. These loans can be either **regulated** or **unregulated**, depending on the property’s intended use and the borrower’s circumstances. ![Bridging mortgage to purchase property](https://www.hankzarihs.com/wp-content/uploads/2025/05/bridging_mortgage_to_purchase_property.jpg "bridging_mortgage_to_purchase_property - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") - **Regulated Bridging Loans**: These loans are governed by the Financial Conduct Authority (FCA). They are secured against properties that are, or will be, occupied by the borrower or their immediate family. This includes both first and second-charge loans, even if a personal mortgage already exists on the property. Regulated bridging loans adhere to the same rules as traditional residential mortgages, offering consumer protections and standardized terms. - **Unregulated Bridging Loans**: These loans fall outside the FCA’s regulatory scope. An unregulated bridging loan is typically secured against a property not intended for personal occupancy by the borrower or their immediate family but used for business or investment purposes. Loans taken out in the name of a business or company also fall into this category. Unregulated loans offer more flexibility but come with fewer consumer protections. ## Key Differences The main distinction between regulated and unregulated bridging loans lies in the property’s intended use and the borrower’s identity: - **Intended Occupancy**: If the property is or will be the residence of the borrower or their immediate family, the loan is regulated. If the property is for business or investment purposes, the loan is unregulated. - **Borrower’s Status**: Loans taken out by individuals are subject to regulation if they meet the occupancy criteria. Loans taken out by businesses or companies are generally unregulated, regardless of occupancy. This differentiation also applies to commercial mortgages. A commercial mortgage on a property occupied or to be occupied by the borrower or their immediate family falls under FCA regulation. Conversely, if the property is not for personal occupancy or the mortgage is in a company’s name, it is unregulated. H.Z.A ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Why choose Hank Zarihs Associates? Hank Zarihs Associates are specialist and highly-experienced intermediaries in the funding industry. We work with a tried and tested panel of specialist funders with an excellent track record in the market, who can offer high leverage and gearing. ### An excellent track record With our knowledge and experience, we are able to present lending cases to our panel in a format which is most likely to increase your chances of being offered attractive development finance. By following a comprehensive due diligence process with each client we make it possible to find the right development loan in the UK, quickly and efficiently – from the right lender. ### Relationship-building We’re also proud to work with most of our clients on a repeat business basis – by proving the value of our service at every turn and by building long-term relationships with our developer clients. Whatever your level of experience, size of project or development loan need, you can be guaranteed of a superb experience with the team of friendly and helpful experts at Hank Zarihs Associates. ### Adding value What’s more, we are able to add value at every step of the process, with in-depth knowledge and guidance, designed to help our clients match up with the right lender, for the ideal loan. We recognise that development loans are usually large and complex, so our service ensures that clients are best placed for acceptance from our lending panel. ### Saving more – cutting out the middle man We can save you money too, as we work with property development finance lenders who offer specific deals on development finance for intermediaries – cutting-out the middleman and meaning that our clients can access even more attractive deals on their borrowing – with our help, expertise and support at every step of the way. ### Apply for a today loan Ready to apply for a loan? We work with a tried and trusted panel of lenders and challenger banks who are actively lending. The deals that we can recommend to our clients are updated daily, so you have complete peace of mind that you are receiving details of the best possible finance products on the market in real-time. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) This type of bridging loan isn’t dissimilar to others and so the criteria isn’t hugely different either. First and foremost, each commercial lender will have its own criteria and this can differ depending on your circumstances. Most will want you to be able to provide a deposit of about 25% but this can vary, and the more you have the lower the interest. Lenders will also look for an exit strategy to show how you’ll repay your loan. Finally most lenders will want to see some evidence that you’re able to deliver and have a good track record of success and paying on time. Aside from these basic criteria the best idea is to speak to one of our [bridging finance brokers](/bridging-loan-broker/) and they can advise you on what you might qualify for, and what business finance may suit you. Intermediaries can often find you the most suitable products at the best rates. ![Tag image](https://www.hankzarihs.com/wp-content/uploads/2025/04/tag-image.svg "tag-image - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### What is the criteria for unregulated bridging finance See which type of loan might be best for your needs: [ Schedule a Meeting Now ](#book-a-call-today) [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) ### Rates as Low as 0.44% Different lenders will have different products and different lending criteria, however, one of the big benefit of **bridging loans** is that because they’re designed as short term solutions the interest rate is often relatively low. ### Adverse credit or bad credit The view for your credit history isn’t as important with these types of lenders. Other criteria tends to be more important and each case is judged on its own merits. ### Exit Strategy Our team can help you with the different products and their requirements, including your exit strategy and can help you put a full plan together. ### Deposit for an unregulated bridging loan Most of our panel of lenders will require some form of deposit, but we can discuss your development and your application in greater detail with you and discuss your options. ### Available throughout the UK Hank Zarihs Associates can help you secure funding for your property, whether its located in the heart of London or if its on the outskirts of Manchester, we can help fund your property acquisitions ##### WE WILL FUND YOUR PROJECT! ## Book a Call Today Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - Appointments 7 days a week - From 7am till 10pm - No obligation - Terms issued within minutes - Friendly and experienced advisors - Ask all the questions you need! ## What are some viable exit routes for bridging finance? We’ve got a team of brokers with years of experience in the bridging finance and commercial mortgage industry. They know what’s needed for a successful application process and one of the things most companies providing *mortgages* and bridging finance will require is a viable exit strategy. An exit strategy in simple terms is how you plan to repay your loan on time. For property developers or investors this usually comes in the form of a business plan or a timeline of when you expect to be able to repay your bridging loan. For example, if investors buy a property at auction and don’t have enough in savings accounts or in cash to pay the money within 28 days, or if the property is uninhabitable and doesn’t qualify for mortgages, then investors will take out *unregulated* bridging. They will then be asked to show a plan of how they will renovate the property to qualify for mortgages in time to pay the bridging loan. ## What assets can I get a bridge on? Most lenders in the UK will want some kind of property as an asset to secure your loan against, however, this varies depending on circumstances and your development. We’d advise you to contact us and speak to one of our team. Both commercial and residential properties are usually acceptable but if you have other assets with a good re-sale value these may be considered. ### Can I roll up interest payments? Most of these type of loans don’t actually expect you to service the interest monthly and will usually offer a range of options for the user. One option is to have the interest taken out of the initial sum before it’s transferred over to you removing the need for you to service the interest monthly, and secondly you can opt to pay the interest in a lump sum at the end of the term which allows many of our clients piece of mind that they can get on with their development without having to worry about making monthly interest payments. Again, this will vary depending on the lender and it’s worth getting in touch with a member of the team to discuss this as we have a large and diverse panel of companies that provide this type of finance and the chances are we’ll be able to find exactly the right fit for you whilst helping you with your project from start to finish. ##### WHAT IS BRIDGING FINANCE? ## Bridging Finance & How does it work? Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ What is bridging finance & how does it work? You may have heard about bridging loans in the context of property investment or moving house, but what exactly are they? Basically, [bridging finance](/fast-bridging-finance/) is a type of short-term loan that allows a buyer to purchase a property before their existing home or investment property is sold. As the name suggests, it ‘bridges’ the funding gap in the lag between purchase and sale – offering rapid access to the necessary purchase funds for a brief period of time. Borrowers can access from £5,000 to £250 million, depending on applicant status, the value of the property and other lender criteria. Higher lending amounts are typically reserved for borrowers who can put up several properties as security. Quotes are provided on a Loan to Value (LTV) of 65%-80% in most situations. What are the typical uses of bridging loans? Bridging loans can be used in a number of situations. For example: 1. When people are moving home in a chain, with a gap between completion dates (e.g. needing to pay for the new property before receiving funds on the completed old property). 2. When property investors or private buyers renovate a home and want a rapid sell-on. 3. When an individual is looking to buy a property at an auction. 4. When property investors and developers are looking to pay a tax bill 5. When buyers want to secure finance against an uninhabitable property. This type of finance can be used by homeowners, landlords and property developers alike. Are bridging loans a good idea? The bridging finance market has grown rapidly, with a number of small and focused lenders now on the market, catering for specialist property finance needs. The market has changed because large high-street lenders have become less willing (and sometimes less able) to lend ever since the financial crisis of 2008. As to whether a bridging loan for property development, auction purchase or private home buying is a good idea, it depends on a variety of factors. Bridging loan requirements vary by lender, but each will have certain common features that need to be considered. The most notable feature of this type of finance is that the interest rate is likely to be high. At the same time, there are typically high administration fees applied to the loan. Because of this, it is essential to proceed very carefully and with a full view of the facts. Borrowers have been burned by this type of loan in the past, in instances where transactions have fallen through, or where lenders have turned out to be unscrupulous and untrustworthy. What are the various pros and cons of bridging finance? Benefits of instant bridging loans 1\. Rapid access to money 2\. Ability to borrow large sums – often up to £250 million depending on applicant status 3\. Options for flexible borrowing. Possible downsides of bridging loans: 1\. Failure to understand the unique features of these loans can result in financial risk 2\. Bridging finance is secured against your property; meaning it can be sold if you can’t meet the repayment terms 3\. A costly option with fees and higher interest What is the interest rate on a bridging loan? Bridging finance interest rates will vary by lender. However, interest costs of 1.5% a month are not unusual, which can equate to an annual percentage rate of 18%. Fixed or variable rate? Bridging loans may have fixed or variable interest rate features. Fixed interest rates are ideal for customers who want stability, as they offer the same amount of interest for the duration of the term. The rate is pre-agreed, but there may be a premium for this security. The other choice is to have a variable rate bridging loan which can change with the base rate. However, you can save money if the base rate decreases. Borrowers who are less concerned about security sometimes prefer the variable rate option if they believe that the financial markets will travel in their favour. Knowledge and market insight is required here, along with a thorough understanding of personal risk tolerance. If interest rates appear to be rising, most customers will choose the fixed interest rate to lock it in and avoid further increases in the event of a base rate rise. Repaying interest on a bridging loan? Bridging loan periods tend to be for several months and there are usually different options for paying the interest portion. Monthly repayments The customer repays the interest every month as a separate payment, rather than adding it to the outstanding balance Rolled-up bridging finance deals The compound interest is calculated monthly but added to the outstanding loan balance and paid together when repayment is due. Retained interest The monthly interest payment due is covered up to a predefined date so that the full sum is only repaid when monies are due. Fees and other costs? As well as interest payments, there will be an arrangement fee for the set-up of the bridging loan, which is usually around 1-2%. A repayment fee for exit paperwork may also apply, along with valuation fees for the cost of the surveyor. How long can you have a bridging loan for? Remember, this type of finance is designed to be short-term. As soon as it extends beyond the agreed interim or bridging period, penalties can rapidly stack up. Typically, bridging finance is available for 1 – 18 months. Are there different types of bridging loan? Yes, there are two broad types: closed bridging finance and open bridging finance. With closed bridging finance you will tell the lender how you will repay the loan – with what funds and when. These loans usually complete within a few months and the clear exit plan is required as a lending condition. Open bridge finance won’t usually need this type of exit plan, and it is typically the loan of choice when funds are needed urgently to complete a property transaction. No detailed plan is needed to explain how the debt will be settled, and the finance tends to be offered for up to a year. Of course, it’s important to note that interest will keep being applied throughout this period. There are also first charge bridging loans and second charge bridging loans. If you have a loan against a property which is already mortgaged, you’d take out a second charge loan. An example of this would be if you were planning to finance a property extension to improve the property. The categorisation tells the lenders who will have legal priority for repayment if the loan was unable to be paid off at the term-end. First charge loans apply if the new loan is the first secured on the property. Can I get a bridging loan? Bridging loan requirements will depend on the lender. Often, lenders will require that: Customers must also take out their property mortgage with them too, providing the bridge finance as an interim measure before the standard mortgage comes into play. Property is put forward as security against the loan. Some lenders expect applicants to have more than one property in order to be eligible for their bridging finance products, but this will depend on the lender and the size of the loan. Applicants show proof of income – although, interestingly, as loan interest isn’t repaid monthly, some lenders do not request this. The applicant shows evidence of their property investment track record if they are planning to develop their purchased property. The applicant can show a business plan if they are using the bridging loan for commercial purposes. What are the alternatives to bridging loans? Development loans are another type of short-term property development loan. They are repaid in stages and calculated on the gross value of the development. Personal loans are another option, as are remortgages when timescales are more flexible and a long-term loan is desirable. Tips for success when applying for instant bridging loans? Use a bridge loan calculator Ask for your lender to provide a tailored bridge finance example or illustration around your particular borrowing needs. Think carefully about the type of bridging loan that you need – whether open bridge finance or closed bridge finance. Know whether the loan is a first or second charge type. Clarify whether the interest rate is fixed or variable. Review products from several lenders. Be clear on your security. Read the small print! Who provides bridging finance? Bridging loans are offered by banks, building societies, specialist lenders and brokers. They aren’t widely advertised and usually require a direct application by the customer to find out the product features and offers. Once you have made an application, a decision will usually be made within 24 hours. The funds then will take around two weeks to be issued, including time for checks to be carried out, the valuation and the actual transfer. Keen to find out more? Hank Zarihs are highly experienced and specialist financial intermediaries operating in the property development market. We work with a tried and tested panel of over 60 trusted lenders and can provide excellent bridging finance with attractive features. Contact us to find out more. ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Your Success, Our Story [ ![Trustpilot](https://www.hankzarihs.com/wp-content/uploads/2024/09/Trustpilot.png "Trustpilot - Bridging and Development Finance Solutions")](https://uk.trustpilot.com/review/hankzarihs.com) [ ![Google r](https://www.hankzarihs.com/wp-content/uploads/2025/04/Google-r-1024x524.png "Google-r - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### 600+ ##### HAPPY CLIENTS #### £1B+ ##### DEALS FUNDED ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! [ Check out our Case Studies ](/case-studies/) ##### AREAS WE COVER ## Areas We Have Helped Clients for Auction Finance Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - [ Birmingham ](/birmingham/) - [ Bournemouth ](/bournemouth/) - [ Brighton ](/brighton/) - [ Bristol ](/bristol/) - [ Cardiff ](/cardiff/) - [ Coventry ](/coventry/) - [ Derby ](/derby/) - [ Edinburgh ](/edinburgh/) - [ Glasgow ](/glasgow/) - [ Leeds ](/leeds/) - [ Leicester ](/leicester/) - [ Liverpool ](/liverpool/) - [ London ](/london/) - [ Manchester ](/manchester/) - [ Middlesbrough ](/middlesbrough/) - [ Newcastle ](/newcastle/) - [ Northampton ](/northampton/) - [ Poole ](/poole/) - [ Portsmouth ](/portsmouth/) - [ Plymouth ](/plymouth/) - [ Reading ](/reading/) - [ Sheffield ](/sheffield/) - [ Southampton ](/southampton/) - [ Stoke ](/stoke/) - [ Wolverhampton ](/wolverhampton/) **Tags:** Transparent Header --- ### [Stretched Senior Debt](https://www.hankzarihs.com/stretched-senior-debt/) **Published:** April 17, 2025 **Author:** Shiraz Khan **Content:** # Stretched Senior Debt . If you’re looking to purchase a property at auction – perhaps to refurbish, or to acquire the land to build upon – then you may need finance to complete the transaction. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### Lending up to 75% GDV #### Minimum Term 36 Months #### Rates from 0.50% #### Interest from Rolled #### Loan to cast (LTC) Up to 90% #### Minimum loan £1M #### Maximum Laon £50M #### Valuation OMV #### Table of Contents ### What is stretched senior debt? Senior stretch loans – also known as unitranche financing or unitranche debt – are a form of hybrid finance that ‘stretches’ to meet the borrower’s needs. Stretch senior debt is a hybrid structure for a loan available to businesses. It’s mainly used by middle-market businesses that are considering a leveraged buyout, or by investors looking to buy real estate, however, stretch senior debt has other applications too. This kind of loan packages up both senior debt and junior debt into one loan, and provides it at a lower cost than the business would pay if it had a standalone senior loan, plus a junior debt (a second lien or mezzanine debt for example.) ## Can a stretch senior loan be used for real estate? Yes, [stretch senior loans](/stretched-senior-debt/) can also be used for commercial and residential real estate investments. Typically stretch senior loans real estate last from 3-15 years and have a 70% LTV (although loans with a higher LTV can be negotiated.) These blended loans can be used for all real asset classes including hotels, multi-family residential, health care and student accommodation. ![stretched_senior_loan_used_to_finance_development_project](https://www.hankzarihs.com/wp-content/uploads/2025/05/stretched_senior_loan_used_to_finance_development_project.jpg "stretched_senior_loan_used_to_finance_development_project - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") H.Z.A ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Why choose us as your intermediary? Hank Zarihs Associates is a highly experienced broker in the business development and investment finance market. We work with our clients to provide rapid access to the best finance deals in the specialist business market, at highly competitive rates. By working to understand our clients’ projects and business objectives, we are able to recommend the right financial products and to manage the application process. By doing this, our clients can focus on running their businesses, knowing that we are organising their stretch senior debt or other lending products in a rapid, efficient way. ### An excellent track record With our knowledge and experience, we are able to present lending cases to our panel in a format which is most likely to increase your chances of being offered attractive development finance. By following a comprehensive due diligence process with each client we make it possible to find the right development loan in the UK, quickly and efficiently – from the right lender. ### Relationship-building We’re also proud to work with most of our clients on a repeat business basis – by proving the value of our service at every turn and by building long-term relationships with our developer clients. Whatever your level of experience, size of project or development loan need, you can be guaranteed of a superb experience with the team of friendly and helpful experts at Hank Zarihs Associates. ### Adding value Many specialist finance providers work through a broker network rather than direct to customer, meaning that the best deals are reserved for the best broker relationships! We can access deals that simply aren’t available through the open market – saving you money and obtaining the flexible features that you need. ### Trusted Reputations with Lenders We have access to a large and trusted pool of independent finance lenders with a strong reputation in the market. We have built our relationship with our lenders over the years and are proud to work with them; recognising the quality of their products and the strength of their service. ### Apply for a property development loan Ready to apply for development finance? We work with a tried and trusted panel of development lenders who are actively lending. The deals that we can recommend to our clients are updated daily, so you have complete peace of mind that you are receiving details of the best possible finance products on the market in real-time. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) ### Check out our development finance calculator A development loan will be offered at a range of different interest rates, depending on the lender and the borrower’s own situation. To find out the latest / typical finance rates on your development loan, we have created a handy calculator that allows you to get an indication of what your repayments would be. ![Tag image](https://www.hankzarihs.com/wp-content/uploads/2025/04/tag-image.svg "tag-image - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### Benefits of Stretched Senior Debt . Every lender will offer something slightly different, but the main benefits offered by senior stretch funding arrangements are as follows: [ Schedule a Meeting Now ](#book-a-call-today) [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) ### Flexible Stretched senior financing is flexible and can be offered on a tailored basis that meets the business applicant’s needs. Stretch senior loans are ideal for businesses which are asset rich, but which don’t necessarily have stable or predictable cash flows. Sometimes they are also used by businesses with a strong and stable cash flow, but with a lesser asset base – allowing them to borrow more than a pure asset-secured loan on its own. ### We Work Fast This type of loan can be organised rapidly, especially with the assistance of a specialist broker such as ourselves. ### Affordable Stretched senior loans can be more affordable than other types of debt finance, thanks to their blended structure which gives the lender security in the form of assets/cash flow – and the borrower, lower interest rates. ### Widley Available Senior stretch debt facilities are rapidly available when you apply via a broker like Hank Zarihs Associates. Our lending panel is motivated to lend and has available funds. What’s more, our slick digital processes mean that we can secure funding for our clients in the shortest possible time. ### Access To Larger Deals Applicants can borrow more money with a stretch senior loan than they could with a senior loan – often from £100k to £100 million or more. This is because stretch facilities extend the loan capacity by structuring it against a blend of assets and cash flow. Typically, stretch senior funding will cover up to (the lowest of) 75% of project GDV or up to 90% of the project’s total costs. ##### WE WILL FUND YOUR PROJECT! ## Book a Call Today Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - Appointments 7 days a week - From 7am till 10pm - No obligation - Terms issued within minutes - Friendly and experienced advisors - Ask all the questions you need! ## What information do I need to provide in order to get a stretched senior debt? Stretched senior loans are generally offered to experienced developers or businesses, on a first charge basis, and where detailed planning consent is required (in the case of a property transaction). These loans are monitored and preferred for development schemes involving multiple units. Most lenders will require personal guarantees – but not all. In terms of the information required to apply for your loan, this will include: - Information on directors and key stakeholders (demonstrating experience and expertise) - Details of the project, including planning consent - A financial appraisal of the project, including cash flow and detailed build costs - Details of the delivery team (including contractors) and the procurement method - Benchmark sale data to support GDV estimates. Hank Zarihs Associates can help you to put together the information that lenders need to see, in a way that most rapidly facilitates your loan approval. ### Mezzanine debt vs senior debt What about mezzanine debt vs senior debt? The former is a hybrid capital arrangement that combines an investment in the applicant company and a loan. A senior debt is simply a loan facility. There are other differences too. For example, stretch loans are asset-backed and mezzanine loans are cash-flow based. Stretch loans are also first lien in nature, whereas mezzanine debt takes second place in the priority stakes for repayment. ### Stretch loan vs bridge loan Bridge loans are short-term, rapid loans that provide instant cash, giving the applicant time to put in place a repayment method (such as the sale of an underlying asset, or arrangement of a long-term standard mortgage.) They are collateral backed, extended for 6 months to 2 years (typically) and have relatively high-interest rates, charged on a monthly basis. Stretch loans are asset-backed, affordable, long-term and flexible financing arrangements where the lender has first lien on repayments. ### Speak to our brokers today! Mezzanine debt vs senior debt? Stretch senior vs unitranche? Stretch loan vs bridge loan? The [specialist development finance](/development-finance/) and investment market can be complex, with a variety of structured financial products that offer different features and benefits for different situations. Whether you are an experienced developer or a more junior investor, our team are here to ensure you find the best possible finance for your needs. Contact us in the first instance from Monday to Sunday, 9 am till 9 pm, on +44 (0) 20 3889 4403. Alternatively, please make a callback request via our website and we will contact you at a time that best meets your needs. Senior Loan Rates Stretch Loan Rates Product Residential Commercial Residential Commercial LTGDV Up to 60% Up to 50% Up to 70% Up to 60% LTC Up to 80%LTC Up to 70%LTC Up to 90%LTC Up to 80%LTC Interest Rate From 3.95% P.A From 9.00% P.A From 7.00% P.A From 10.00% P.A Term & Repayment Maximum term 36 months Interest Fully Rolled Up, Part-Rolled Up or Serviced (subject to affordability) The net advance will be less total potential interest over the term with the gross loan calculated as interest for the entire term and the arrangement fee added. Maximum term 36 months Interest Fully Rolled Up, Part-Rolled Up or Serviced (subject to affordability) The net advance will be less total potential interest over the term with the gross loan calculated as interest for the entire term and the arrangement fee added. Exit Fee Negotiable Negotiable ##### WHAT IS BRIDGING FINANCE? ## Bridging Finance & How does it work? Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ What is bridging finance & how does it work? You may have heard about bridging loans in the context of property investment or moving house, but what exactly are they? Basically, [bridging finance](/fast-bridging-finance/) is a type of short-term loan that allows a buyer to purchase a property before their existing home or investment property is sold. As the name suggests, it ‘bridges’ the funding gap in the lag between purchase and sale – offering rapid access to the necessary purchase funds for a brief period of time. Borrowers can access from £5,000 to £250 million, depending on applicant status, the value of the property and other lender criteria. Higher lending amounts are typically reserved for borrowers who can put up several properties as security. Quotes are provided on a Loan to Value (LTV) of 65%-80% in most situations. What are the typical uses of bridging loans? Bridging loans can be used in a number of situations. For example: 1. When people are moving home in a chain, with a gap between completion dates (e.g. needing to pay for the new property before receiving funds on the completed old property). 2. When property investors or private buyers renovate a home and want a rapid sell-on. 3. When an individual is looking to buy a property at an auction. 4. When property investors and developers are looking to pay a tax bill 5. When buyers want to secure finance against an uninhabitable property. This type of finance can be used by homeowners, landlords and property developers alike. Are bridging loans a good idea? The bridging finance market has grown rapidly, with a number of small and focused lenders now on the market, catering for specialist property finance needs. The market has changed because large high-street lenders have become less willing (and sometimes less able) to lend ever since the financial crisis of 2008. As to whether a bridging loan for property development, auction purchase or private home buying is a good idea, it depends on a variety of factors. Bridging loan requirements vary by lender, but each will have certain common features that need to be considered. The most notable feature of this type of finance is that the interest rate is likely to be high. At the same time, there are typically high administration fees applied to the loan. Because of this, it is essential to proceed very carefully and with a full view of the facts. Borrowers have been burned by this type of loan in the past, in instances where transactions have fallen through, or where lenders have turned out to be unscrupulous and untrustworthy. What are the various pros and cons of bridging finance? Benefits of instant bridging loans 1\. Rapid access to money 2\. Ability to borrow large sums – often up to £250 million depending on applicant status 3\. Options for flexible borrowing. Possible downsides of bridging loans: 1\. Failure to understand the unique features of these loans can result in financial risk 2\. Bridging finance is secured against your property; meaning it can be sold if you can’t meet the repayment terms 3\. A costly option with fees and higher interest What is the interest rate on a bridging loan? Bridging finance interest rates will vary by lender. However, interest costs of 1.5% a month are not unusual, which can equate to an annual percentage rate of 18%. Fixed or variable rate? Bridging loans may have fixed or variable interest rate features. Fixed interest rates are ideal for customers who want stability, as they offer the same amount of interest for the duration of the term. The rate is pre-agreed, but there may be a premium for this security. The other choice is to have a variable rate bridging loan which can change with the base rate. However, you can save money if the base rate decreases. Borrowers who are less concerned about security sometimes prefer the variable rate option if they believe that the financial markets will travel in their favour. Knowledge and market insight is required here, along with a thorough understanding of personal risk tolerance. If interest rates appear to be rising, most customers will choose the fixed interest rate to lock it in and avoid further increases in the event of a base rate rise. Repaying interest on a bridging loan? Bridging loan periods tend to be for several months and there are usually different options for paying the interest portion. Monthly repayments The customer repays the interest every month as a separate payment, rather than adding it to the outstanding balance Rolled-up bridging finance deals The compound interest is calculated monthly but added to the outstanding loan balance and paid together when repayment is due. Retained interest The monthly interest payment due is covered up to a predefined date so that the full sum is only repaid when monies are due. Fees and other costs? As well as interest payments, there will be an arrangement fee for the set-up of the bridging loan, which is usually around 1-2%. A repayment fee for exit paperwork may also apply, along with valuation fees for the cost of the surveyor. How long can you have a bridging loan for? Remember, this type of finance is designed to be short-term. As soon as it extends beyond the agreed interim or bridging period, penalties can rapidly stack up. Typically, bridging finance is available for 1 – 18 months. Are there different types of bridging loan? Yes, there are two broad types: closed bridging finance and open bridging finance. With closed bridging finance you will tell the lender how you will repay the loan – with what funds and when. These loans usually complete within a few months and the clear exit plan is required as a lending condition. Open bridge finance won’t usually need this type of exit plan, and it is typically the loan of choice when funds are needed urgently to complete a property transaction. No detailed plan is needed to explain how the debt will be settled, and the finance tends to be offered for up to a year. Of course, it’s important to note that interest will keep being applied throughout this period. There are also first charge bridging loans and second charge bridging loans. If you have a loan against a property which is already mortgaged, you’d take out a second charge loan. An example of this would be if you were planning to finance a property extension to improve the property. The categorisation tells the lenders who will have legal priority for repayment if the loan was unable to be paid off at the term-end. First charge loans apply if the new loan is the first secured on the property. Can I get a bridging loan? Bridging loan requirements will depend on the lender. Often, lenders will require that: Customers must also take out their property mortgage with them too, providing the bridge finance as an interim measure before the standard mortgage comes into play. Property is put forward as security against the loan. Some lenders expect applicants to have more than one property in order to be eligible for their bridging finance products, but this will depend on the lender and the size of the loan. Applicants show proof of income – although, interestingly, as loan interest isn’t repaid monthly, some lenders do not request this. The applicant shows evidence of their property investment track record if they are planning to develop their purchased property. The applicant can show a business plan if they are using the bridging loan for commercial purposes. What are the alternatives to bridging loans? Development loans are another type of short-term property development loan. They are repaid in stages and calculated on the gross value of the development. Personal loans are another option, as are remortgages when timescales are more flexible and a long-term loan is desirable. Tips for success when applying for instant bridging loans? Use a bridge loan calculator Ask for your lender to provide a tailored bridge finance example or illustration around your particular borrowing needs. Think carefully about the type of bridging loan that you need – whether open bridge finance or closed bridge finance. Know whether the loan is a first or second charge type. Clarify whether the interest rate is fixed or variable. Review products from several lenders. Be clear on your security. Read the small print! Who provides bridging finance? Bridging loans are offered by banks, building societies, specialist lenders and brokers. They aren’t widely advertised and usually require a direct application by the customer to find out the product features and offers. Once you have made an application, a decision will usually be made within 24 hours. The funds then will take around two weeks to be issued, including time for checks to be carried out, the valuation and the actual transfer. Keen to find out more? Hank Zarihs are highly experienced and specialist financial intermediaries operating in the property development market. We work with a tried and tested panel of over 60 trusted lenders and can provide excellent bridging finance with attractive features. Contact us to find out more. ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Your Success, Our Story [ ![Trustpilot](https://www.hankzarihs.com/wp-content/uploads/2024/09/Trustpilot.png "Trustpilot - Bridging and Development Finance Solutions")](https://uk.trustpilot.com/review/hankzarihs.com) [ ![Google r](https://www.hankzarihs.com/wp-content/uploads/2025/04/Google-r-1024x524.png "Google-r - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### 600+ ##### HAPPY CLIENTS #### £1B+ ##### DEALS FUNDED ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! [ Check out our Case Studies ](/case-studies/) ##### AREAS WE COVER ## Areas We Have Helped Clients for Auction Finance Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - [ Birmingham ](/birmingham/) - [ Bournemouth ](/bournemouth/) - [ Brighton ](/brighton/) - [ Bristol ](/bristol/) - [ Cardiff ](/cardiff/) - [ Coventry ](/coventry/) - [ Derby ](/derby/) - [ Edinburgh ](/edinburgh/) - [ Glasgow ](/glasgow/) - [ Leeds ](/leeds/) - [ Leicester ](/leicester/) - [ Liverpool ](/liverpool/) - [ London ](/london/) - [ Manchester ](/manchester/) - [ Middlesbrough ](/middlesbrough/) - [ Newcastle ](/newcastle/) - [ Northampton ](/northampton/) - [ Poole ](/poole/) - [ Portsmouth ](/portsmouth/) - [ Plymouth ](/plymouth/) - [ Reading ](/reading/) - [ Sheffield ](/sheffield/) - [ Southampton ](/southampton/) - [ Stoke ](/stoke/) - [ Wolverhampton ](/wolverhampton/) **Tags:** Transparent Header --- ### [Senior Debt – Hankzarihs](https://www.hankzarihs.com/senior-debt/) **Published:** April 17, 2025 **Author:** Shiraz Khan **Content:** # Senior Debt – Hankzarihs . If you’re looking to purchase a property at auction – perhaps to refurbish, or to acquire the land to build upon – then you may need finance to complete the transaction. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### Lending up to 75% GDV #### Minimum Term 06 Months #### Rates from 6% fixed #### Interest from Rolled #### Loan to cast (LTC) Up to 90% #### Minimum loan £200k #### Maximum Laon £100M+ #### Valuation OMV #### Table of Contents Businesses use senior debt for a variety of reasons – particularly during a growth phase of their operation when access to working *capital* is key to success. In this guide, we will look at the features of senior secured debt, and cover off key topics such as the different types of senior debt and the differences between senior debt vs subordinated debt. ## What is senior Debt? Senior Debt is also known as a Senior Note, and it’s a form of debt which has the highest priority of repayment – usually in the form of a first claim over cash flow. For this reason, senior debt is the most secure type of debt from the lender’s perspective, especially when compared to junior debt (or subordinated debt). Senior debt means that lenders will have the first claim on the company’s collateral assets – such as property, equipment, or plant – if they don’t meet the repayment terms of the loan. From the borrower’s perspective, this makes it a ready way to access flexible, readily-available finance on an affordable basis. ### Examples of senior debt Senior secured debt can be explained with this simple illustration. Say, the owner of business A announces that his company is going into administration. The operation ceases entirely and goes out of business; filing formally for bankruptcy. Because some creditors lent to the business on the basis that those loans were secured against company assets, their risk is less. These creditors have a senior debt arrangement which means that they will be paid first under the terms of the administration. ![Development debt capital for property](https://www.hankzarihs.com/wp-content/uploads/2025/05/development_debt_capital_for_property.jpg "development_debt_capital_for_property - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") Other examples of senior secured debt are bond offerings and lines of credit. This type of debt tends to be issued by highly capitalised institutions. However, it is important to know that, although **senior debt** is less risky than junior debt (also known as mezzanine debt) it will tend to pay a lower yield. Why? Because of the risk element. Senior debt is far more secure, and this security is priced into the returns on offer. To maintain the right balance of senior and junior debt, senior debtors often prevent businesses from taking on too much junior debt via debt covenants, which prescribe a maximum ratio of debt to cash flow. H.Z.A ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Why choose Hank Zarihs Associates? Hank Zarihs Associates are specialist and highly-experienced intermediaries in the development finance and investment funding industry. We work with a tried and tested panel of specialist funders with an excellent track record in the market, who can offer high leverage and gearing. ### An excellent track record With our knowledge and experience, we are able to present lending cases to our panel in a format which is most likely to increase your chances of being offered attractive senior debt. By following a comprehensive due diligence process with each client we make it possible to find the right loan in the UK, quickly and efficiently – from the right lender. ### Relationship-building We’re also proud to work with most of our clients on a repeat business basis – by proving the value of our service at every turn and by building long-term relationships with our developer clients. Whatever your level of experience, size of project or development loan need, you can be guaranteed of a superb experience with the team of friendly and helpful experts at Hank Zarihs Associates. ### Adding value What’s more, we are able to add value at every step of the process, with in-depth knowledge and guidance, designed to help our clients match up with the right lender, for the ideal loan. We recognise that senior debt loans are usually large and complex, so our service ensures that clients are best placed for acceptance from our lending panel. ### Saving more We can save you money too, as we work with property development finance lenders who offer specific deals on development finance for intermediaries – cutting-out the middleman and meaning that our clients can access even more attractive deals on their borrowing – with our help, expertise and support at every step of the way. ### Apply for a property development loan Ready to apply for development finance UK? We work with a tried and trusted panel of development lenders who are actively lending. The deals that we can recommend to our clients are updated daily, so you have complete peace of mind that you are receiving details of the best possible development finance products on the market in real-time. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) ### Check out our development finance calculator A development loan will be offered at a range of different interest rates, depending on the lender and the borrower’s own situation. To find out the latest / typical finance rates on your development loan, we have created a handy development finance calculator that allows you to get an indication of what your repayments would be. ![Tag image](https://www.hankzarihs.com/wp-content/uploads/2025/04/tag-image.svg "tag-image - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### Key features of senior debt . See which type of loan might be best for your needs: [ Schedule a Meeting Now ](#book-a-call-today) [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) ### Low interest rate and flexible features Finance Senior debt tends to have a low-interest rate, as it is secured with collateral assets, such as property, plant, fleet or machinery. This makes it a cheap form of borrowing for businesses because lenders know that their risk is minimised. Senior debt also tends to be flexible and available on a revolving credit so that businesses can access it when they need to. ### Maintain Ownership This form of borrowing doesn’t require businesses to part with any shares or equity in their business. However, the senior debt provider – or broker – can provide long-term operational value to the business by offering an ongoing, flexible borrowing facility that scales up with the business’s own expansion over time. ### Financing value creation Businesses can borrow senior debt loans at a low-interest rate and then invest in the finance in higher-return projects that unlock greater value for the company; creating a net gain that exceeds the cost of the loan itself. ### Bridging Loans Bridging finance is another form of specialist short-term finance designed to ‘bridge’ the funding gap between a property sale and purchase. It is also used by developers who buy properties at auction for a rapid refurbishment before placing them on the market for sale. At Hank Zarihs Associates, our panel of lenders offer extremely fast access to attractive bridging finance for a variety of? ### Invest Beyond available cashflow Businesses can be hampered by their available cash flow, especially if their strategy needs them to move ahead with large capital investment. Senior debt provides this vital access to funds for top-level operational investments that allow the business to move forward into a stronger competitive position. Senior debt capital is very popular with high-growth and newer businesses as a result. ##### WE WILL FUND YOUR PROJECT! ## Book a Call Today Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - Appointments 7 days a week - From 7am till 10pm - No obligation - Terms issued within minutes - Friendly and experienced advisors - Ask all the questions you need! ## What’s the difference between Senior debt and equity The facility allows businesses to access finance on a low-interest basis, secured against the *company* assets. It doesn’t require the business to hand over any share of business equity, which would dilute ownership. This makes these types of loans extremely attractive to businesses. ### What’s the difference between Senior debt and subordinated debt The difference concerns the order in which debts are repaid in the event of company liquidation. Senior debts would be repaid first, and *subordinated* debt would be repaid after (for example, from the sale of company assets.) ### Senior debt vs mezzanine debt So what about senior debt and mezzanine debt? Essentially, mezzanine debt is a mix of investment and loan. Unlike a senior loan, it isn’t collateralised with the business’s assets and thus falls into second place on the priority repayment schedule in the event that the company cannot meet its debts. Mezzanine loans are also extended against business cash flow, rather than assets, and they are offered on the basis of different criteria, such as the business’s opportunities for growth and the experience of its management team. ### Speak to one of our brokers today! Whether you are considering different types of debt or wondering whether senior debt vs equity is right for you, our team of expert brokers are here to help you to make an informed decision. We only need a few minutes to gather your information for our expert panel of trusted lenders to review. As senior debt is a specialist business product it generally isn’t available from high street lenders. We provide access to respected lenders and can secure better rates than are available on the open market – returning you a tailored illustration of offers within the hour. Please get in touch with us from Monday to Sunday, 9 am till 9 pm, on +44 (0) 20 3889 4403 and one of our agents will be pleased to find out more about your needs and to begin the process of finding you the best possible finance to meet your business goals. We are expert brokers in development and investment finance and work with our clients on a long-term basis, helping them to secure the best financial facilities throughout the growth and success of their businesses and projects. ##### What information will I need to provide? ## Frequently Asked Questions Senior Debt Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ What information will I need to provide? The information required will vary from lender to lender, but will include details of the business’s operation and financial records, assets and liabilities and its creditworthiness. Hank Zarihs Associates packages up applicant details in a way that businesses need to make a lending decision, for better results and faster access to vital finance. What is the lending criteria for senior debt? Again, this will vary by lender. As a minimum, the business must have sufficient capital assets to collateralise the debt facility. Our team can provide further advice on specific lending criteria when you get in touch. What is senior debt used for? Businesses use senior debt for a variety of operational purposes and for investment projects. Younger businesses in particular find these facilities very useful as they tend to be reinvesting in their growth faster than they can generate cash. Is senior debt secured against anything? Yes, senior debt is secured against the assets of the company and is thus limited to the assets of the company. These assets would be sold to repay senior debt creditors in the event that the company couldn’t meet its payments. ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Your Success, Our Story [ ![Trustpilot](https://www.hankzarihs.com/wp-content/uploads/2024/09/Trustpilot.png "Trustpilot - Bridging and Development Finance Solutions")](https://uk.trustpilot.com/review/hankzarihs.com) [ ![Google r](https://www.hankzarihs.com/wp-content/uploads/2025/04/Google-r-1024x524.png "Google-r - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### 600+ ##### HAPPY CLIENTS #### £1B+ ##### DEALS FUNDED ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! [ Check out our Case Studies ](/case-studies/) ##### AREAS WE COVER ## Areas We Have Helped Clients for Auction Finance Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - [ Birmingham ](/birmingham/) - [ Bournemouth ](/bournemouth/) - [ Brighton ](/brighton/) - [ Bristol ](/bristol/) - [ Cardiff ](/cardiff/) - [ Coventry ](/coventry/) - [ Derby ](/derby/) - [ Edinburgh ](/edinburgh/) - [ Glasgow ](/glasgow/) - [ Leeds ](/leeds/) - [ Leicester ](/leicester/) - [ Liverpool ](/liverpool/) - [ London ](/london/) - [ Manchester ](/manchester/) - [ Middlesbrough ](/middlesbrough/) - [ Newcastle ](/newcastle/) - [ Northampton ](/northampton/) - [ Poole ](/poole/) - [ Portsmouth ](/portsmouth/) - [ Plymouth ](/plymouth/) - [ Reading ](/reading/) - [ Sheffield ](/sheffield/) - [ Southampton ](/southampton/) - [ Stoke ](/stoke/) - [ Wolverhampton ](/wolverhampton/) **Tags:** Transparent Header --- ### [Second charge bridging loans](https://www.hankzarihs.com/second-charge-bridging-loans/) **Published:** April 17, 2025 **Author:** Shiraz Khan **Content:** # Second charge bridging loans . If you’re looking to purchase a property at auction – perhaps to refurbish, or to acquire the land to build upon – then you may need finance to complete the transaction. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### Lending up to 100% NET #### Minimum Term 01 Day #### Rates from 0.65% #### Approval time Minutes #### Towards build up to 100% #### Minimum loan £200k #### Maximum Laon £100M+ #### Valuation OMV #### Table of Contents In the world of [development finance](/development-finance/) it can be difficult sometimes to know what your options are and, more importantly, which is the right option for you. More often that not in those types of situations it helps to seek advice and guidance to allow you to get back to what you’re good at and get your project completed, so here we’ll run you through one of the popular finance options when developers are looking for second charge bridging loans amongst other property developing choices. ### What are second charge bridging loans In basic terms a second charge bridging loan is where you raise finance on an asset that already has a mortgage or other type of first charge on it. Typically, these types of loans are used as [bridging finance](/) to raise capital quickly in the event of unforeseen costs. These types of loans are usually designed to be lent over shorter periods of time so usually have higher interest rates. A second ‘charge’ means that in the event of payment problems, the company providing the finance will be able to take charge of the asset that you’ve offered as security. In most cases for developers this will be the property that they’re building or developing. ![second_charge_loans_for_property](https://www.hankzarihs.com/wp-content/uploads/2025/05/second_charge_loans_for_property.jpg "second_charge_loans_for_property - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### When to use a second charge loan? If you’re involved in a property development project and you’ve already raised finance, or already have an existing mortgage and you’re renovating a property and require further **finance** then a second charge loan may be appropriate for you. As you’ll know, developing properties and houses as well as new build developments can often throw up unforeseen situations and costs that couldn’t have been predicted. In these circumstances developers often need to raise finance quickly, second-charge **loans** can help with this. H.Z.A ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Why choose Hank Zarihs Associates? Hank Zarihs Associates are specialist and highly-experienced intermediaries in the [development finance](/development-finance/) and investment funding industry. We work with a tried and tested panel of specialist funders with an excellent track record in the market, who can offer high leverage and gearing.de ### We understand our clients We take the time to truly understand the nature and complexity of each project, each client and their needs. As experienced developers and property experts will know, no two projects, developments or refurbishments are the same and as such all will have different financing needs. ### Trusted Intermediaries As an experienced and trusted intermediary we’re also able to take away much of the stress of trying to approach lenders directly. Often due to the complexity of the project it can be time consuming and our clients depend on us to make things as simple and speedy as possible for them, and it’s what we’re good at. ### Relationships with established lenders in the UK After so many years in the finance industry we’ve developed a number of exclusive relationships with lenders, finance companies and mortgage providers that allows us to offer exclusive rates and exclusive deals that you won’t find elsewhere. ### Over 60+ years of experience Our experienced team are also perfectly placed to go through your project and proposal with you every step of the way in order to ensure you’ll be offered the very best rates and save time and money along the way. Talking things over with an expert will allow you to get a new perspective. ### Apply for a financing today Ready to apply for second charge? We work with a tried and trusted panel of lenders who are actively lending. The deals that we can recommend to our clients are updated daily, so you have complete peace of mind that you are receiving details of the best possible finance products on the market in real-time. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) ### Check out our bridging loan calculator We recommend that you try out our bridging loan calculator to give you an idea of what you could be eligible for and how much your finance could cost. ![Tag image](https://www.hankzarihs.com/wp-content/uploads/2025/04/tag-image.svg "tag-image - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### Benefits of a second charge bridging finance . Due to the complex nature of raising finance for your development, it’s worth weighing up your options as there could be other types of development finance that could suit your needs more appropriately. However, if you’re looking to raise finance quickly on a project with an existing mortgage or ‘first charge’ then second charge loans could be right for you, here are some benefits of this type of finance. [ Schedule a Meeting Now ](#book-a-call-today) [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) ### Flexible Finance Bridging loans do what they say on the tin, they’re designed to be short-term lending and as such this means that they’re excellent for short-term problems such as cashflow issues or unforeseen building costs. Although the headline interest is likely to be higher due to the shorter term it’s also true that in many scenarios developers will spend less on a short term bridging loan. ### Varied credit accepted In many instances bridging loan companies are more flexible with their lending criteria with regards to bad credit. As the interest tends to be higher and they’re shorter term it means that you could be more likely to be accepted. You’re also in a better position with assets to provide as security. As long as you meet the criteria you won’t have to worry as much about bad credit. ### Higher amounts of funding With a bridging loan you’re able to access large amounts of cash fairly quickly. With most lenders allowing you to borrow between £50k and £750k you can rapidly get the money you need to keep your development project on track. ### Fast Access Speed is of the essence. With bridging loans and second charge bridging loans they’re designed to give you access to funds in the quickest possible time so that you can keep your project on track. ### Experience Most companies that offer bridging finance have a wealth of experience with these types of loans and, as such, can offer great advice and can offer provide approvals more quickly than with other types of property finance. Our panel of lenders have years of background in this industry and understand what property developers need and what they need it for as well. ##### WE WILL FUND YOUR PROJECT! ## Book a Call Today Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - Appointments 7 days a week - From 7am till 10pm - No obligation - Terms issued within minutes - Friendly and experienced advisors - Ask all the questions you need! ## How much can I borrow with bridging loans? The amount you’ll be able to borrow with this type of finance, as with other types of loan or second charge bridging loans, will vary depending on your project. Most loans of this type will start at around £10,000 and can go up to £250 million, and the amount you could get approved for will depend on things such as what the gross value of the project is when finished, what your track history is like, the terms and condition of the lender, what your credit rating is like, and whether you may need a business plan. ### Criteria Bridging loan criteria will differ between lenders, however, generally speaking they’ll require that you have your initial mortgage with them too, that you put an asset forward as security, proof of your income, evidence of your track record when developing properties, and in some cases a business plan too. It’s advisable to speak to a team member firstly so that they can get the details of your project and let you know what you may or may not need to complete an applications. ### Rates Once again, this will differ depending on which lender you go with, but generally speaking you could expect to pay somewhere in the region of 1.5% per month, which would equate to roughly 18% APR (Annually) ### Examples If you’re wondering what types of things people typically use second charge finance for, then we can give you a few examples here. - If people are in a property chain and a gap develops in the completion date. - If a developer or property manager has renovated their property and want to sell on very quickly - For properties that are bought at auction - If developers have an outstanding tax bill that needs paying quickly - When a property is uninhabitable and needs to be renovated ### Can a lender refuse a second charge? Yes they can, but this will depend and differ between lenders. Your project, value and timescales as well as existing finance arrangements will have implications for whether you’re approved, which is why we recommend speaking to one of our specialist advisors beforehand. ### What is the average cost of a bridging loan? As well as the interest payments on the loan you’ll also pay an arrangement fee for setting up the loan on your behalf with your chosen lender. That will usually be between 1% and 2% of the total amount of the loan. An exit fee may also apply which covers the cost of paperwork and admin, but this all varies between lenders and depends on the amount you’d like to borrow on your loan and what your circumstances are. ##### WHAT IS BRIDGING FINANCE? ## Bridging Finance & How does it work? Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ What is bridging finance & how does it work? You may have heard about bridging loans in the context of property investment or moving house, but what exactly are they? Basically, [bridging finance](/fast-bridging-finance/) is a type of short-term loan that allows a buyer to purchase a property before their existing home or investment property is sold. As the name suggests, it ‘bridges’ the funding gap in the lag between purchase and sale – offering rapid access to the necessary purchase funds for a brief period of time. Borrowers can access from £5,000 to £250 million, depending on applicant status, the value of the property and other lender criteria. Higher lending amounts are typically reserved for borrowers who can put up several properties as security. Quotes are provided on a Loan to Value (LTV) of 65%-80% in most situations. What are the typical uses of bridging loans? Bridging loans can be used in a number of situations. For example: 1. When people are moving home in a chain, with a gap between completion dates (e.g. needing to pay for the new property before receiving funds on the completed old property). 2. When property investors or private buyers renovate a home and want a rapid sell-on. 3. When an individual is looking to buy a property at an auction. 4. When property investors and developers are looking to pay a tax bill 5. When buyers want to secure finance against an uninhabitable property. This type of finance can be used by homeowners, landlords and property developers alike. Are bridging loans a good idea? The bridging finance market has grown rapidly, with a number of small and focused lenders now on the market, catering for specialist property finance needs. The market has changed because large high-street lenders have become less willing (and sometimes less able) to lend ever since the financial crisis of 2008. As to whether a bridging loan for property development, auction purchase or private home buying is a good idea, it depends on a variety of factors. Bridging loan requirements vary by lender, but each will have certain common features that need to be considered. The most notable feature of this type of finance is that the interest rate is likely to be high. At the same time, there are typically high administration fees applied to the loan. Because of this, it is essential to proceed very carefully and with a full view of the facts. Borrowers have been burned by this type of loan in the past, in instances where transactions have fallen through, or where lenders have turned out to be unscrupulous and untrustworthy. What are the various pros and cons of bridging finance? Benefits of instant bridging loans 1\. Rapid access to money 2\. Ability to borrow large sums – often up to £250 million depending on applicant status 3\. Options for flexible borrowing. Possible downsides of bridging loans: 1\. Failure to understand the unique features of these loans can result in financial risk 2\. Bridging finance is secured against your property; meaning it can be sold if you can’t meet the repayment terms 3\. A costly option with fees and higher interest What is the interest rate on a bridging loan? Bridging finance interest rates will vary by lender. However, interest costs of 1.5% a month are not unusual, which can equate to an annual percentage rate of 18%. Fixed or variable rate? Bridging loans may have fixed or variable interest rate features. Fixed interest rates are ideal for customers who want stability, as they offer the same amount of interest for the duration of the term. The rate is pre-agreed, but there may be a premium for this security. The other choice is to have a variable rate bridging loan which can change with the base rate. However, you can save money if the base rate decreases. Borrowers who are less concerned about security sometimes prefer the variable rate option if they believe that the financial markets will travel in their favour. Knowledge and market insight is required here, along with a thorough understanding of personal risk tolerance. If interest rates appear to be rising, most customers will choose the fixed interest rate to lock it in and avoid further increases in the event of a base rate rise. Repaying interest on a bridging loan? Bridging loan periods tend to be for several months and there are usually different options for paying the interest portion. Monthly repayments The customer repays the interest every month as a separate payment, rather than adding it to the outstanding balance Rolled-up bridging finance deals The compound interest is calculated monthly but added to the outstanding loan balance and paid together when repayment is due. Retained interest The monthly interest payment due is covered up to a predefined date so that the full sum is only repaid when monies are due. Fees and other costs? As well as interest payments, there will be an arrangement fee for the set-up of the bridging loan, which is usually around 1-2%. A repayment fee for exit paperwork may also apply, along with valuation fees for the cost of the surveyor. How long can you have a bridging loan for? Remember, this type of finance is designed to be short-term. As soon as it extends beyond the agreed interim or bridging period, penalties can rapidly stack up. Typically, bridging finance is available for 1 – 18 months. Are there different types of bridging loan? Yes, there are two broad types: closed bridging finance and open bridging finance. With closed bridging finance you will tell the lender how you will repay the loan – with what funds and when. These loans usually complete within a few months and the clear exit plan is required as a lending condition. Open bridge finance won’t usually need this type of exit plan, and it is typically the loan of choice when funds are needed urgently to complete a property transaction. No detailed plan is needed to explain how the debt will be settled, and the finance tends to be offered for up to a year. Of course, it’s important to note that interest will keep being applied throughout this period. There are also first charge bridging loans and second charge bridging loans. If you have a loan against a property which is already mortgaged, you’d take out a second charge loan. An example of this would be if you were planning to finance a property extension to improve the property. The categorisation tells the lenders who will have legal priority for repayment if the loan was unable to be paid off at the term-end. First charge loans apply if the new loan is the first secured on the property. Can I get a bridging loan? Bridging loan requirements will depend on the lender. Often, lenders will require that: Customers must also take out their property mortgage with them too, providing the bridge finance as an interim measure before the standard mortgage comes into play. Property is put forward as security against the loan. Some lenders expect applicants to have more than one property in order to be eligible for their bridging finance products, but this will depend on the lender and the size of the loan. Applicants show proof of income – although, interestingly, as loan interest isn’t repaid monthly, some lenders do not request this. The applicant shows evidence of their property investment track record if they are planning to develop their purchased property. The applicant can show a business plan if they are using the bridging loan for commercial purposes. What are the alternatives to bridging loans? Development loans are another type of short-term property development loan. They are repaid in stages and calculated on the gross value of the development. Personal loans are another option, as are remortgages when timescales are more flexible and a long-term loan is desirable. Tips for success when applying for instant bridging loans? Use a bridge loan calculator Ask for your lender to provide a tailored bridge finance example or illustration around your particular borrowing needs. Think carefully about the type of bridging loan that you need – whether open bridge finance or closed bridge finance. Know whether the loan is a first or second charge type. Clarify whether the interest rate is fixed or variable. Review products from several lenders. Be clear on your security. Read the small print! Who provides bridging finance? Bridging loans are offered by banks, building societies, specialist lenders and brokers. They aren’t widely advertised and usually require a direct application by the customer to find out the product features and offers. Once you have made an application, a decision will usually be made within 24 hours. The funds then will take around two weeks to be issued, including time for checks to be carried out, the valuation and the actual transfer. Keen to find out more? Hank Zarihs are highly experienced and specialist financial intermediaries operating in the property development market. We work with a tried and tested panel of over 60 trusted lenders and can provide excellent bridging finance with attractive features. Contact us to find out more. ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Your Success, Our Story [ ![Trustpilot](https://www.hankzarihs.com/wp-content/uploads/2024/09/Trustpilot.png "Trustpilot - Bridging and Development Finance Solutions")](https://uk.trustpilot.com/review/hankzarihs.com) [ ![Google r](https://www.hankzarihs.com/wp-content/uploads/2025/04/Google-r-1024x524.png "Google-r - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### 600+ ##### HAPPY CLIENTS #### £1B+ ##### DEALS FUNDED ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! [ Check out our Case Studies ](/case-studies/) ##### AREAS WE COVER ## Areas We Have Helped Clients for Auction Finance Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - [ Birmingham ](/birmingham/) - [ Bournemouth ](/bournemouth/) - [ Brighton ](/brighton/) - [ Bristol ](/bristol/) - [ Cardiff ](/cardiff/) - [ Coventry ](/coventry/) - [ Derby ](/derby/) - [ Edinburgh ](/edinburgh/) - [ Glasgow ](/glasgow/) - [ Leeds ](/leeds/) - [ Leicester ](/leicester/) - [ Liverpool ](/liverpool/) - [ London ](/london/) - [ Manchester ](/manchester/) - [ Middlesbrough ](/middlesbrough/) - [ Newcastle ](/newcastle/) - [ Northampton ](/northampton/) - [ Poole ](/poole/) - [ Portsmouth ](/portsmouth/) - [ Plymouth ](/plymouth/) - [ Reading ](/reading/) - [ Sheffield ](/sheffield/) - [ Southampton ](/southampton/) - [ Stoke ](/stoke/) - [ Wolverhampton ](/wolverhampton/) **Tags:** Transparent Header --- ### [Residential bridging loans](https://www.hankzarihs.com/residential-bridging-loan/) **Published:** April 17, 2025 **Author:** Shiraz Khan **Content:** # Residential bridging loans . If you’re looking to purchase a property at auction – perhaps to refurbish, or to acquire the land to build upon – then you may need finance to complete the transaction. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### Lending up to 100% NET #### Minimum Term 01 Day #### Rates from 0.65% #### Approval time Minutes #### Towards build up to 100% #### Minimum loan £200k #### Maximum Laon £100M+ #### Valuation OMV #### Table of Contents Previous years brought a lot of things into focus for a lot of people, and one of those was our homes and living spaces. Whilst many expected property to have a bit of a dry patch in previous years, pretty much the reverse was true and the property market has enjoyed a remarkably successful stretch. With that in mind, there has been an explosion in the popularity of home improvements, property purchases, Buy-To-Let purchases and in other areas of the property market too. This has, in turn, led to a boom in popularity for things like [residential bridging loans](/residential-bridging-loan/), bridging loans and property finance more generally. Residential bridging finance, for example, is now much more popular than it once was with many now looking to convert property for profit with the potential to make good money better than almost at any other time. Investors have been noticeably increasing their exposure to the market in recent times, and this has meant that many finance companies are now specialising in these areas for their clients to ensure they’re offering the best products to this expanding base. ## What is residential finance? These types of residential bridging loans are basically a short term finance option for people who are looking to use their own home as security against a loan that can be used for a number of different things. As an example, these [bridging loans](/bridging-loan-broker/) can be used to renovate a property, for an auction property, or for building an extension or renovating your own residential house. A residential bridging loan is usually a good option in these circumstances. ![Bridging finance to help buy residential property](https://www.hankzarihs.com/wp-content/uploads/2025/05/bridging_finance_to_help_buy_residential_property.jpg "bridging_finance_to_help_buy_residential_property - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") H.Z.A ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Why choose Hank Zarihs Associates? Hank Zarihs Associates are specialist and highly-experienced intermediaries in [residential development finance](/development-finance/) and investment funding industry. We work with a tried and tested panel of specialist funders with an excellent track record in the market, who can offer high leverage and gearing. ### How does residential bridging finance work? A residential bridging loan is designed to cover funding gaps over a relatively short term compared to traditional lending such as a mortgage or standard loan. They’re called bridging loans because they’re designed to bridge the gap between certain events or situations. Most of the time our clients use these types of bridging loans and finance for renovating houses or for other types of property development. For those looking to start a development, many use bridging loans or finance to buy materials, purchase properties at auction or to cover a chain breaking down. ### Bridging loan examples There are any number of reasons why our clients may use bridging loans or finance. Here are a few examples of what you may use bridging loans for, however, to see how they may be able to help you. For example, to raise quick funds for a project if somebody needs access to cash quickly. Some use bridging loans for extending the lease on a property before selling it, or to fund the extension or refurbishment of their house. Many of our clients use bridging loans or finance to purchase a house at auction, due to the fact the funds must be paid within 28 days of the auction for the sale to complete. Some use them to complete the purchase of a house before there is sold and some use bridging loans or finance to pay debts when they fall due. Again, though, there are many reasons why our clients use bridging loans or finance and these are just a few examples, if you’re unsure about whether this type of loan is right for you simply speak to one of our brokers who are experts in this type of finance. ### Is residential bridging finance available to anybody? Theoretically yes, it is, however, there are some things you’ll need to qualify. This type of loan is different to a traditional bank loan in that the lenders aren’t quite as interested in your personal credit history as much as your track record in property development, your plan and how you intend to repay the loan, as well as the security you’re able to offer. Broadly speaking, however, anybody could get a bridging loan. The best advice is to speak to one of our brokers or one of our experts and they’ll be able to advise you on exactly what you’ll need and whether you qualify for a loan. ### Apply for residential finance Ready to apply for development finance UK? We work with a tried and trusted panel of development lenders who are actively lending. The deals that we can recommend to our clients are updated daily, so you have complete peace of mind that you are receiving details of the best possible development finance products on the market in real-time. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) ### Use our bridging loan calculator We’ve included our handy calculator below to allow you to see what these types of bridging loans may cost, and this will give you a better idea of what is involved and what you might pay if you’re successful. Simply fill out the criteria in the blank boxes and the calculator will instantly show you a representation of what to expect. ##### WE WILL FUND YOUR PROJECT! ## Book a Call Today Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - Appointments 7 days a week - From 7am till 10pm - No obligation - Terms issued within minutes - Friendly and experienced advisors - Ask all the questions you need! ## Alternative to bridging loans to raise finance? Of course, a bridging loan isn’t always the best option for everybody, and there are some other options you consider before applying. We always offer free, confidential and straight forward advice to all our clients and we’ll always look to the best solution for your personal circumstances, so here are some other options. ### Mortgage It may be the case that getting a mortgage may be a better option, or potentially you could re-mortgage your property if you have equity available to access. Mortgages offer a longer term solution to a bridging loan, and could be better in some situations if you’re looking to finance over a longer period. ### Savings If you’ve got savings available it may seem an obvious thing to advise, but in some circumstances you may be better off using that cash if it’s only to plug a short term gap as there won’t be interest to pay and this can be quicker. ### Specialist finance We offer other types of specialist loans such as mezzanine loans which are very specific types of loans that would usually require you to have some experience before applying, however, we have a team of experienced expert brokers who can talk you through all the available options and let you know if a more specific type of finance might be suitable for you rather than, for example, a residential option. ## Speak to an advisor We’ve built a team of expert brokers over a number of years who are specialists at what they do. Our team have many years of experience between them and have worked on millions of pounds worth of financing for our clients, so they know what they’re talking about and are in a position to give you the best possible advice for your personal situation. Thanks to our supportive and detailed application process, we always advise our clients from start to finish. This means that when we submit your application to our panel of lenders they know that we’ll have taken the time with you to ensure we’ve gotten things right, and this gives them the confidence that we’ll only put forward with a good chance of acceptance. This has allowed us, over the years, to build a very good relationship with our panel of lenders and this means that in many situations we’re able to offer you exclusive rates and deals that aren’t available in other places. Further to that, we know that the process of looking to get finance for your development can be extremely time consuming and stressful, and our process removes that added stress from the process for you. We know speed is of the essence in most circumstances so we’re able to work with you closely to ensure that we waste no time and in many cases we can have the funding sorted and with you within 72 hours. Why not get in touch with one of our expert brokers to discuss your circumstances and see how we might be able to help you. ##### WHAT IS BRIDGING FINANCE? ## Bridging Finance & How does it work? Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ What is bridging finance & how does it work? You may have heard about bridging loans in the context of property investment or moving house, but what exactly are they? Basically, [bridging finance](/fast-bridging-finance/) is a type of short-term loan that allows a buyer to purchase a property before their existing home or investment property is sold. As the name suggests, it ‘bridges’ the funding gap in the lag between purchase and sale – offering rapid access to the necessary purchase funds for a brief period of time. Borrowers can access from £5,000 to £250 million, depending on applicant status, the value of the property and other lender criteria. Higher lending amounts are typically reserved for borrowers who can put up several properties as security. Quotes are provided on a Loan to Value (LTV) of 65%-80% in most situations. What are the typical uses of bridging loans? Bridging loans can be used in a number of situations. For example: 1. When people are moving home in a chain, with a gap between completion dates (e.g. needing to pay for the new property before receiving funds on the completed old property). 2. When property investors or private buyers renovate a home and want a rapid sell-on. 3. When an individual is looking to buy a property at an auction. 4. When property investors and developers are looking to pay a tax bill 5. When buyers want to secure finance against an uninhabitable property. This type of finance can be used by homeowners, landlords and property developers alike. Are bridging loans a good idea? The bridging finance market has grown rapidly, with a number of small and focused lenders now on the market, catering for specialist property finance needs. The market has changed because large high-street lenders have become less willing (and sometimes less able) to lend ever since the financial crisis of 2008. As to whether a bridging loan for property development, auction purchase or private home buying is a good idea, it depends on a variety of factors. Bridging loan requirements vary by lender, but each will have certain common features that need to be considered. The most notable feature of this type of finance is that the interest rate is likely to be high. At the same time, there are typically high administration fees applied to the loan. Because of this, it is essential to proceed very carefully and with a full view of the facts. Borrowers have been burned by this type of loan in the past, in instances where transactions have fallen through, or where lenders have turned out to be unscrupulous and untrustworthy. What are the various pros and cons of bridging finance? Benefits of instant bridging loans 1\. Rapid access to money 2\. Ability to borrow large sums – often up to £250 million depending on applicant status 3\. Options for flexible borrowing. Possible downsides of bridging loans: 1\. Failure to understand the unique features of these loans can result in financial risk 2\. Bridging finance is secured against your property; meaning it can be sold if you can’t meet the repayment terms 3\. A costly option with fees and higher interest What is the interest rate on a bridging loan? Bridging finance interest rates will vary by lender. However, interest costs of 1.5% a month are not unusual, which can equate to an annual percentage rate of 18%. Fixed or variable rate? Bridging loans may have fixed or variable interest rate features. Fixed interest rates are ideal for customers who want stability, as they offer the same amount of interest for the duration of the term. The rate is pre-agreed, but there may be a premium for this security. The other choice is to have a variable rate bridging loan which can change with the base rate. However, you can save money if the base rate decreases. Borrowers who are less concerned about security sometimes prefer the variable rate option if they believe that the financial markets will travel in their favour. Knowledge and market insight is required here, along with a thorough understanding of personal risk tolerance. If interest rates appear to be rising, most customers will choose the fixed interest rate to lock it in and avoid further increases in the event of a base rate rise. Repaying interest on a bridging loan? Bridging loan periods tend to be for several months and there are usually different options for paying the interest portion. Monthly repayments The customer repays the interest every month as a separate payment, rather than adding it to the outstanding balance Rolled-up bridging finance deals The compound interest is calculated monthly but added to the outstanding loan balance and paid together when repayment is due. Retained interest The monthly interest payment due is covered up to a predefined date so that the full sum is only repaid when monies are due. Fees and other costs? As well as interest payments, there will be an arrangement fee for the set-up of the bridging loan, which is usually around 1-2%. A repayment fee for exit paperwork may also apply, along with valuation fees for the cost of the surveyor. How long can you have a bridging loan for? Remember, this type of finance is designed to be short-term. As soon as it extends beyond the agreed interim or bridging period, penalties can rapidly stack up. Typically, bridging finance is available for 1 – 18 months. Are there different types of bridging loan? Yes, there are two broad types: closed bridging finance and open bridging finance. With closed bridging finance you will tell the lender how you will repay the loan – with what funds and when. These loans usually complete within a few months and the clear exit plan is required as a lending condition. Open bridge finance won’t usually need this type of exit plan, and it is typically the loan of choice when funds are needed urgently to complete a property transaction. No detailed plan is needed to explain how the debt will be settled, and the finance tends to be offered for up to a year. Of course, it’s important to note that interest will keep being applied throughout this period. There are also first charge bridging loans and second charge bridging loans. If you have a loan against a property which is already mortgaged, you’d take out a second charge loan. An example of this would be if you were planning to finance a property extension to improve the property. The categorisation tells the lenders who will have legal priority for repayment if the loan was unable to be paid off at the term-end. First charge loans apply if the new loan is the first secured on the property. Can I get a bridging loan? Bridging loan requirements will depend on the lender. Often, lenders will require that: Customers must also take out their property mortgage with them too, providing the bridge finance as an interim measure before the standard mortgage comes into play. Property is put forward as security against the loan. Some lenders expect applicants to have more than one property in order to be eligible for their bridging finance products, but this will depend on the lender and the size of the loan. Applicants show proof of income – although, interestingly, as loan interest isn’t repaid monthly, some lenders do not request this. The applicant shows evidence of their property investment track record if they are planning to develop their purchased property. The applicant can show a business plan if they are using the bridging loan for commercial purposes. What are the alternatives to bridging loans? Development loans are another type of short-term property development loan. They are repaid in stages and calculated on the gross value of the development. Personal loans are another option, as are remortgages when timescales are more flexible and a long-term loan is desirable. Tips for success when applying for instant bridging loans? Use a bridge loan calculator Ask for your lender to provide a tailored bridge finance example or illustration around your particular borrowing needs. Think carefully about the type of bridging loan that you need – whether open bridge finance or closed bridge finance. Know whether the loan is a first or second charge type. Clarify whether the interest rate is fixed or variable. Review products from several lenders. Be clear on your security. Read the small print! Who provides bridging finance? Bridging loans are offered by banks, building societies, specialist lenders and brokers. They aren’t widely advertised and usually require a direct application by the customer to find out the product features and offers. Once you have made an application, a decision will usually be made within 24 hours. The funds then will take around two weeks to be issued, including time for checks to be carried out, the valuation and the actual transfer. Keen to find out more? Hank Zarihs are highly experienced and specialist financial intermediaries operating in the property development market. We work with a tried and tested panel of over 60 trusted lenders and can provide excellent bridging finance with attractive features. Contact us to find out more. ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Your Success, Our Story [ ![Trustpilot](https://www.hankzarihs.com/wp-content/uploads/2024/09/Trustpilot.png "Trustpilot - Bridging and Development Finance Solutions")](https://uk.trustpilot.com/review/hankzarihs.com) [ ![Google r](https://www.hankzarihs.com/wp-content/uploads/2025/04/Google-r-1024x524.png "Google-r - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### 600+ ##### HAPPY CLIENTS #### £1B+ ##### DEALS FUNDED ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! [ Check out our Case Studies ](/case-studies/) ##### AREAS WE COVER ## Areas We Have Helped Clients for Auction Finance Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - [ Birmingham ](/birmingham/) - [ Bournemouth ](/bournemouth/) - [ Brighton ](/brighton/) - [ Bristol ](/bristol/) - [ Cardiff ](/cardiff/) - [ Coventry ](/coventry/) - [ Derby ](/derby/) - [ Edinburgh ](/edinburgh/) - [ Glasgow ](/glasgow/) - [ Leeds ](/leeds/) - [ Leicester ](/leicester/) - [ Liverpool ](/liverpool/) - [ London ](/london/) - [ Manchester ](/manchester/) - [ Middlesbrough ](/middlesbrough/) - [ Newcastle ](/newcastle/) - [ Northampton ](/northampton/) - [ Poole ](/poole/) - [ Portsmouth ](/portsmouth/) - [ Plymouth ](/plymouth/) - [ Reading ](/reading/) - [ Sheffield ](/sheffield/) - [ Southampton ](/southampton/) - [ Stoke ](/stoke/) - [ Wolverhampton ](/wolverhampton/) **Tags:** Transparent Header --- ### [Regulated Bridging Loans](https://www.hankzarihs.com/regulated-bridging-loans/) **Published:** May 21, 2025 **Author:** Shiraz Khan **Content:** # Regulated Bridging Loans . If you’re looking to purchase a property at auction – perhaps to refurbish, or to acquire the land to build upon – then you may need finance to complete the transaction. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### Lending up to 100% NET #### Minimum Term 01 Day #### Rates from 0.65% #### Approval time Minutes #### Towards build up to 100% #### Minimum loan £200k #### Maximum Laon £100M+ #### Valuation OMV #### Table of Contents ## Regulated Bridging Finance The explosion in popularity of property development, property renovation and other forms of development, in recent years has also meant that there’s been a huge surge in demand for [bridging finance](/) and short term finance more generally. It’s an extremely popular form of finance and an ideal solution to many short term issues, meaning that, despite mainstream banks and lenders broadly avoiding it, many other lenders have now started to specialise in this type of loan for their clients. We’ve certainly seen a drive in demand for our clients as a bridging loan can often mean rapid access to finance and cash in situations that call for it and in comparison to more traditional finance, this type of loan tends to be much easier to apply for and be approved for in a short timeframe, making it attractive to sectors that can be unpredictable. [Bridging loans](/bridging-loan-broker/) can be used for many different reasons and can be applied to lots of different situations, which is why many of our clients often approach us for advice on them and the market as a whole, so we’ve put together a handy short guide to regulated bridging loans. ![Regulated bridging finance for commercial and residential property 1024x682 1](https://www.hankzarihs.com/wp-content/uploads/2025/05/regulated_bridging_finance_for_commercial_and_residential_property-1024x682-1.jpg "regulated_bridging_finance_for_commercial_and_residential_property-1024x682 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ## What is regulated bridging finance? Regulated bridging finance is usually used for **property** and is regulated by the Financial Conduct Authority. It becomes a regulated loan when you’re going to be living in the property or your immediate family will be rather than, for example, an investment property or a commercial property. Regulation means that when you’re purchasing a property to live in, this falls under consumer law rather than if you’re buying the property or using the finance as a **business** or for business purposes, which then falls outside of a regulated bridging loan. This type of loan is usually secured as a first charge on a residential property that you’re going to be living in. ## Can I use a bridging loan for refurbishments? Absolutely, bridging loans can be used for all types of things. Bridging for some refurbishments is actually a popular option for our clients as, for example, some banks won’t lend against a property unless it’s in a certain state of repair and so, for example, if you’re looking to purchase a property that needs some refurbishment works before agreeing a **mortgage** then a bridging loan could well be a good option for you. The clue is in the name that a bridging loan is intended to be a short-term fix, so if you’re looking to plug a short **finance** gap then yes this will probably suit your needs. H.Z.A ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Why choose Hank Zarihs Associates? ### Why use Hank Zarihs Associates as your bridging finance intermediary We’ve got years of experience in the loan and finance industry, and especially with bridging loans and other types of bridging finance. Our specialists brokers have years of collective experience and have worked to fund millions of pounds worth of this type of loan in the past. We offer you the best free advice on your finance needs and because we’ve built up long lasting relationships with our panel of lenders, we’re able to offer you exclusive rates and deals. We’ll also comb the market for the best possible bridging loans and other type of finance so that you don’t have to. When it comes to this type of finance, we understand the stress that can be involved in approaching lenders individually, and especially if you’re in a situation where you need access to funds quickly. Because we work closely with this type of finance regularly, we’re often able to get finance to our clients within a matter of days. We’ll help you through the application process, the paperwork required, meeting the criteria and throughout the process. We know that our clients want the reassurance and confidence of using a recognised, reputable and experienced intermediary, so we ensure that you can feel confident when speaking to us. . ### Apply for a today loan Ready to apply for a loan? We work with a tried and trusted panel of lenders and challenger banks who are actively lending. The deals that we can recommend to our clients are updated daily, so you have complete peace of mind that you are receiving details of the best possible finance products on the market in real-time. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) ##### WE WILL FUND YOUR PROJECT! ## Book a Call Today Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - Appointments 7 days a week - From 7am till 10pm - No obligation - Terms issued within minutes - Friendly and experienced advisors - Ask all the questions you need! ## Bridging loan calculator We’re always keen to be open with our customers, and so we’ve included our handy bridging loan calculator for you to get an idea of what this type of property loan may cost if you decide to take one out. Because they’re only short term they’re often more affordable and at better rates than a traditional loan, so this should illustrate that for you. it’s perfectly straight forward, all you’ll need to do is fill in each field with your deposit, how much you want to borrow and the length of the loan. ## What can regulated bridging finance be used for? **Regulated** bridging finance can be used for a number of things, however, most of our clients tend to use this type of bridging loan for property. Examples include to purchase an auction property, to raise funds on your current property to purchase your next one, to downsize a property or for refurbishment if you’re struggling to get a standard mortgage. You could even use this type of regulated finance for things like a divorce settlement or to break a property chain. ### What is the difference between a commercial bridging loan and an ordinary bridging loan? Commercial bridging loans tend to be applicable if you’re buying a property as an investment, if you’re buying a property as a business entity, or if you’re buying a commercial property. Bridging loans tend to be secured against a property, so the type of property and what you’re intending to use it for would dictate what type of finance you’re taking out. A commercial loan would be, for example, if you wanted to buy an auction property as a buy to let investment but needed to do some refurbishments, these would then be classed as different types of bridging loans. ### Are unregulated bridging loans safe? Yes, we only work with reputable lenders and the main reason it’s referred to as unregulated is because it’s being used for business purposes rather than for you as an individual, hence the requirement for the Financial Conduct Authority to then regulate that type of finance as it becomes consumer related. As with many other things, such as contract law or tenancy agreements, they’re not regulated in the same way as standard consumer products, where the consumer needs protection as opposed to business. ### Are second charge bridging loans regulated? In most circumstances they won’t be as many consumer finance companies won’t consider a second charge on a property as sufficient security against a secured loan. When it comes to commercial property deals, however, lenders tend to not be quite as strict in this regard and are more willing to take on extra risk. Whilst second charge finance tends to remain quite a specialist area, we have plenty of lenders on our panel who will consider you for second charge loans if you meet their criteria. ### Is there a minimum I can borrow? The exact amounts you can borrow from and to will depend on the lender themselves as the loan needs to be at a certain amount to make things worthwhile for the finance company. Because **bridging** finance tends to be shorter term finance, most lenders will expect you to borrow a minimum of around £10,000 but this can vary up to between £50,000 and £100,000 depending on the terms and length of the finance. Because each lender is different, however, it’s worth speaking to one of our experts who can understand your situation fully, and it may be the case that a different type of finance may be the best for you, but we’ll talk you thro ##### WHAT IS BRIDGING FINANCE? ## Bridging Finance & How does it work? Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ What is bridging finance & how does it work? You may have heard about bridging loans in the context of property investment or moving house, but what exactly are they? Basically, [bridging finance](/fast-bridging-finance/) is a type of short-term loan that allows a buyer to purchase a property before their existing home or investment property is sold. As the name suggests, it ‘bridges’ the funding gap in the lag between purchase and sale – offering rapid access to the necessary purchase funds for a brief period of time. Borrowers can access from £5,000 to £250 million, depending on applicant status, the value of the property and other lender criteria. Higher lending amounts are typically reserved for borrowers who can put up several properties as security. Quotes are provided on a Loan to Value (LTV) of 65%-80% in most situations. What are the typical uses of bridging loans? Bridging loans can be used in a number of situations. For example: 1. When people are moving home in a chain, with a gap between completion dates (e.g. needing to pay for the new property before receiving funds on the completed old property). 2. When property investors or private buyers renovate a home and want a rapid sell-on. 3. When an individual is looking to buy a property at an auction. 4. When property investors and developers are looking to pay a tax bill 5. When buyers want to secure finance against an uninhabitable property. This type of finance can be used by homeowners, landlords and property developers alike. Are bridging loans a good idea? The bridging finance market has grown rapidly, with a number of small and focused lenders now on the market, catering for specialist property finance needs. The market has changed because large high-street lenders have become less willing (and sometimes less able) to lend ever since the financial crisis of 2008. As to whether a bridging loan for property development, auction purchase or private home buying is a good idea, it depends on a variety of factors. Bridging loan requirements vary by lender, but each will have certain common features that need to be considered. The most notable feature of this type of finance is that the interest rate is likely to be high. At the same time, there are typically high administration fees applied to the loan. Because of this, it is essential to proceed very carefully and with a full view of the facts. Borrowers have been burned by this type of loan in the past, in instances where transactions have fallen through, or where lenders have turned out to be unscrupulous and untrustworthy. What are the various pros and cons of bridging finance? Benefits of instant bridging loans 1\. Rapid access to money 2\. Ability to borrow large sums – often up to £250 million depending on applicant status 3\. Options for flexible borrowing. Possible downsides of bridging loans: 1\. Failure to understand the unique features of these loans can result in financial risk 2\. Bridging finance is secured against your property; meaning it can be sold if you can’t meet the repayment terms 3\. A costly option with fees and higher interest What is the interest rate on a bridging loan? Bridging finance interest rates will vary by lender. However, interest costs of 1.5% a month are not unusual, which can equate to an annual percentage rate of 18%. Fixed or variable rate? Bridging loans may have fixed or variable interest rate features. Fixed interest rates are ideal for customers who want stability, as they offer the same amount of interest for the duration of the term. The rate is pre-agreed, but there may be a premium for this security. The other choice is to have a variable rate bridging loan which can change with the base rate. However, you can save money if the base rate decreases. Borrowers who are less concerned about security sometimes prefer the variable rate option if they believe that the financial markets will travel in their favour. Knowledge and market insight is required here, along with a thorough understanding of personal risk tolerance. If interest rates appear to be rising, most customers will choose the fixed interest rate to lock it in and avoid further increases in the event of a base rate rise. Repaying interest on a bridging loan? Bridging loan periods tend to be for several months and there are usually different options for paying the interest portion. Monthly repayments The customer repays the interest every month as a separate payment, rather than adding it to the outstanding balance Rolled-up bridging finance deals The compound interest is calculated monthly but added to the outstanding loan balance and paid together when repayment is due. Retained interest The monthly interest payment due is covered up to a predefined date so that the full sum is only repaid when monies are due. Fees and other costs? As well as interest payments, there will be an arrangement fee for the set-up of the bridging loan, which is usually around 1-2%. A repayment fee for exit paperwork may also apply, along with valuation fees for the cost of the surveyor. How long can you have a bridging loan for? Remember, this type of finance is designed to be short-term. As soon as it extends beyond the agreed interim or bridging period, penalties can rapidly stack up. Typically, bridging finance is available for 1 – 18 months. Are there different types of bridging loan? Yes, there are two broad types: closed bridging finance and open bridging finance. With closed bridging finance you will tell the lender how you will repay the loan – with what funds and when. These loans usually complete within a few months and the clear exit plan is required as a lending condition. Open bridge finance won’t usually need this type of exit plan, and it is typically the loan of choice when funds are needed urgently to complete a property transaction. No detailed plan is needed to explain how the debt will be settled, and the finance tends to be offered for up to a year. Of course, it’s important to note that interest will keep being applied throughout this period. There are also first charge bridging loans and second charge bridging loans. If you have a loan against a property which is already mortgaged, you’d take out a second charge loan. An example of this would be if you were planning to finance a property extension to improve the property. The categorisation tells the lenders who will have legal priority for repayment if the loan was unable to be paid off at the term-end. First charge loans apply if the new loan is the first secured on the property. Can I get a bridging loan? Bridging loan requirements will depend on the lender. Often, lenders will require that: Customers must also take out their property mortgage with them too, providing the bridge finance as an interim measure before the standard mortgage comes into play. Property is put forward as security against the loan. Some lenders expect applicants to have more than one property in order to be eligible for their bridging finance products, but this will depend on the lender and the size of the loan. Applicants show proof of income – although, interestingly, as loan interest isn’t repaid monthly, some lenders do not request this. The applicant shows evidence of their property investment track record if they are planning to develop their purchased property. The applicant can show a business plan if they are using the bridging loan for commercial purposes. What are the alternatives to bridging loans? Development loans are another type of short-term property development loan. They are repaid in stages and calculated on the gross value of the development. Personal loans are another option, as are remortgages when timescales are more flexible and a long-term loan is desirable. Tips for success when applying for instant bridging loans? Use a bridge loan calculator Ask for your lender to provide a tailored bridge finance example or illustration around your particular borrowing needs. Think carefully about the type of bridging loan that you need – whether open bridge finance or closed bridge finance. Know whether the loan is a first or second charge type. Clarify whether the interest rate is fixed or variable. Review products from several lenders. Be clear on your security. Read the small print! Who provides bridging finance? Bridging loans are offered by banks, building societies, specialist lenders and brokers. They aren’t widely advertised and usually require a direct application by the customer to find out the product features and offers. Once you have made an application, a decision will usually be made within 24 hours. The funds then will take around two weeks to be issued, including time for checks to be carried out, the valuation and the actual transfer. Keen to find out more? Hank Zarihs are highly experienced and specialist financial intermediaries operating in the property development market. We work with a tried and tested panel of over 60 trusted lenders and can provide excellent bridging finance with attractive features. Contact us to find out more. ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Your Success, Our Story [ ![Trustpilot](https://www.hankzarihs.com/wp-content/uploads/2024/09/Trustpilot.png "Trustpilot - Bridging and Development Finance Solutions")](https://uk.trustpilot.com/review/hankzarihs.com) [ ![Google r](https://www.hankzarihs.com/wp-content/uploads/2025/04/Google-r-1024x524.png "Google-r - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### 600+ ##### HAPPY CLIENTS #### £1B+ ##### DEALS FUNDED ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! [ Check out our Case Studies ](/case-studies/) ##### AREAS WE COVER ## Areas We Have Helped Clients for Auction Finance Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - [ Birmingham ](/birmingham/) - [ Bournemouth ](/bournemouth/) - [ Brighton ](/brighton/) - [ Bristol ](/bristol/) - [ Cardiff ](/cardiff/) - [ Coventry ](/coventry/) - [ Derby ](/derby/) - [ Edinburgh ](/edinburgh/) - [ Glasgow ](/glasgow/) - [ Leeds ](/leeds/) - [ Leicester ](/leicester/) - [ Liverpool ](/liverpool/) - [ London ](/london/) - [ Manchester ](/manchester/) - [ Middlesbrough ](/middlesbrough/) - [ Newcastle ](/newcastle/) - [ Northampton ](/northampton/) - [ Poole ](/poole/) - [ Portsmouth ](/portsmouth/) - [ Plymouth ](/plymouth/) - [ Reading ](/reading/) - [ Sheffield ](/sheffield/) - [ Southampton ](/southampton/) - [ Stoke ](/stoke/) - [ Wolverhampton ](/wolverhampton/) **Tags:** Transparent Header --- ### [Refurbishment Bridging Loan](https://www.hankzarihs.com/refurbishment-bridging-loan/) **Published:** April 17, 2025 **Author:** Shiraz Khan **Content:** # Refurbishment Bridging Loan . If you’re looking to purchase a property at auction – perhaps to refurbish, or to acquire the land to build upon – then you may need finance to complete the transaction. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### Lending up to 80% NET #### Minimum Term 01 Day #### Rates from 0.65% #### Approval time Minutes #### Turn around within 28 Days #### Minimum loan £200k #### Maximum Laon £25M #### Valuation OMV #### Table of Contents The UK has been, despite a global pandemic, experiencing one of its best periods for property investment in decades. Thanks in part to a lack of supply, a surge in demand and changing priorities thanks to Coronavirus, prices have skyrocketed since late 2019. This has meant that the attention of the world was turned towards the UK property market and its relative stability and strong returns. Whilst global equity markets and bond markets experienced a very rocky few years, the UK property sector has flourished and grown almost exponentially. This, in turn, has meant an explosion in popularity of buying, investing, and converting properties, and with it the finance industry has adapted to provide better and more specialised products to property investors and developers to accommodate this increase in popularity. This is something that isn’t expected to change for some time, and as the country bounces back and the economy recovers, the government has made it clear that they intend to put UK property right at the centre of their recovery plan either with incentives, tax breaks, or access to better finance. One issue, however, that our clients face is that many high street lenders will not provide a mortgage unless a property is in a certain state of repair. Many properties that are bought for a good price are ones with potential and so require some work before they’re eligible for a mortgage. This is where refurbishment bridging comes in, and how we can help our clients that are looking to finance refurbishments. ![Img](https://www.hankzarihs.com/wp-content/uploads/2025/08/img.jpeg "img - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ## What is a refurbishment bridging loan? In very simple terms a refurbishment bridging loan is a type of loan that is designed to cover the costs of refurbishing a property in the short term until the owner either decides to sell the property, or arranges a long term alternative such as a mortgage. Many of our clients buy properties at auction, and if those properties aren’t in a state of repair to qualify for a mortgage, they approach us to discuss a bridging loan in order to carry out refurbishment before either selling or arranging a longer term solution. When applying for a refurbishment loan, many lenders will just want to know how long you anticipate you’ll need the finance for, what you’re intending to use it for, and what your exit strategy is in terms of repaying your loan. ## Why use a refurbishment bridge loan? Again, it can be difficult to access funding or finance if it’s purely for refurbishment or if it’s for a property that’s not in a good enough state of repair for tenants or inhabitants. This is seen as a riskier prospect to lenders and banks that other types of lending on property, and so it’s inherently more difficult to access. That’s why so many lenders have recently started to offer this specific type of bridging loan to clients in order to cater for this short term need. We know, for example, that our panel of lenders has grown substantially in recent years to accommodate this drive in demand, and so it makes sense to go to specialised lenders for this type of project. H.Z.A ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Why choose Hank Zarihs Associates? Hank Zarihs Associates is a specialist business finance intermediary, offering access to high-quality aviation finance from a panel of trusted and, experienced lenders. We offer a series of key benefits to our clients; providing them with rapid, quality aviation loans that meet their unique needs. ### Large Panel of Lenders We have access to a wide variety of lenders and refurbishment loan companies. This means that you have access to the best specialised finance companies on the market and can get a wide variety of quotes for a loan. ### Fast and efficiency We know that in property, time is of the essence which is why many of our clients are able to get an agreement in principle within 72 hours! ### Exclusive Rates We’ve built up relationships with our panel of finance companies over many years, so we’re able to offer our clients exclusive rates and terms with our lenders. ### Experienced & Professional Our advisors and brokers have decades of experience between them and are able to advise you and help you every single step of the way from first contact to receiving your funds. ### Apply for finance Ready to apply for financing? We work with a tried and trusted panel of lenders who are actively lending. The deals that we can recommend to our clients are updated daily, so you have complete peace of mind that you are receiving details of the best possible finance products on the market in real-time. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) ## Refurbishment bridging loan calculator To help, we’ve put together a refurbishment bridging finance calculator. This will help you get a better understanding of what you may be eligible for, what the rates may be, and what the costs could be too. Of course, this is intended as an illustration, and if you’d like a more detailed conversation with one of our advisors or bridging loan brokers then we’d recommend that you speak to them directly. In our calculator for refurbish finance, you can adjust the amount, deposit, term and rates that will allow you to see what you could afford if you were approved with one of our lending panel. ##### WE WILL FUND YOUR PROJECT! ## Book a Call Today Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - Appointments 7 days a week - From 7am till 10pm - No obligation - Terms issued within minutes - Friendly and experienced advisors - Ask all the questions you need! ### Light refurbishments Generally speaking, there are two types of finance for refurbishments, which are classified as light refurbishments or heavy refurbishments. This ‘light’ type of finance would generally be for quite minor works, such as replacing a central heating system, having a roof fixed, or mainly for works that wouldn’t require planning permission. These types of works are light in nature and not considered to major renovation works that would require more significant funding for the property and can be completed fairly quickly. ### Heavy refurbishments These types of heavy renovation works are generally considered to be anything that might require planning permission or anything that requires work on the structure of the property, such as supporting walls, foundations, or anything similar in nature. Broadly speaking, it also includes anything that would require an extension or addition to the building itself, or any building works that may need to be done as part of building regulations, such as fire doors, separate bathrooms, or things of that nature. The classification for this this type of bridging finance is due to the fact that it will mostly take longer than light works and will more than likely require a larger amount of lending. ## Benefits of a refurbishment mortgage A refurbishment bridge, or bridging finance, may also be referred to as a refurbishment mortgage, and again the classification of what type of lending it will be will largely depend on the scale of the works you’re looking to undertake. If you only require a small or relatively straight forward level of renovation then this would be classed as a light refurbishment mortgage, however, if you’re looking to change the structure of the property or add an extension, this would be a heavy renovation, but this is something we can discuss with you in more detail, and something we can help with. ### Specialised Most high street lenders won’t lend against properties that need renovations doing before they’re inhabitable, so one great benefit of this type of bridging finance, or specialist mortgage, is that our panel of lenders understand the project you’re undertaking and have designed their lending around you and your needs, meaning they can offer you the terms, amount and rates that you need. ### Flexible Due to the nature of renovations and refurbishment, most of this type of lending and bridging finance is designed to be flexible in that you can take it for as little as a month, all the way through to 24 months should you require it. All these types of lenders will usually look for from you is a viable exit plan and proof that you’re able to complete your project on time. More traditional lending can be quite rigid in its terms and rates, in that a lot of these lenders won’t want to lend out to you if you’re looking for a relatively short term loan, however, we’re able to get you access to much more flexible lending. ### Speak to our refurbishment loan brokers today We’ve spent years putting together a team who can discuss all your needs with you and find you exactly the right finance for your situation. Because we work with a niche panel of lenders we’re confident that no matter what your needs we’ll be able to put you in touch with a lender who’s able to meet those needs and offer flexible terms that work for you. We’ve also been working with our panel of lenders for years now, so we know that when it comes to getting you the best deals, we’ll always have access to the best, including exclusive rates and offers. We also understand and appreciate that for many of our clients they need access to capital quickly, and we provide ourselves on working quickly and efficiently to make this process as quick as possible for, which is why we ensure that all our brokers and advisors are able to provide you with the best possible advice. If you’re looking to talk about bridging finance, a mortgage, or other types of lending, then why not get in touch with us today? ##### WHAT IS BRIDGING FINANCE? ## Bridging Finance & How does it work? Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ What is bridging finance & how does it work? You may have heard about bridging loans in the context of property investment or moving house, but what exactly are they? Basically, [bridging finance](/fast-bridging-finance/) is a type of short-term loan that allows a buyer to purchase a property before their existing home or investment property is sold. As the name suggests, it ‘bridges’ the funding gap in the lag between purchase and sale – offering rapid access to the necessary purchase funds for a brief period of time. Borrowers can access from £5,000 to £250 million, depending on applicant status, the value of the property and other lender criteria. Higher lending amounts are typically reserved for borrowers who can put up several properties as security. Quotes are provided on a Loan to Value (LTV) of 65%-80% in most situations. What are the typical uses of bridging loans? Bridging loans can be used in a number of situations. For example: 1. When people are moving home in a chain, with a gap between completion dates (e.g. needing to pay for the new property before receiving funds on the completed old property). 2. When property investors or private buyers renovate a home and want a rapid sell-on. 3. When an individual is looking to buy a property at an auction. 4. When property investors and developers are looking to pay a tax bill 5. When buyers want to secure finance against an uninhabitable property. This type of finance can be used by homeowners, landlords and property developers alike. Are bridging loans a good idea? The bridging finance market has grown rapidly, with a number of small and focused lenders now on the market, catering for specialist property finance needs. The market has changed because large high-street lenders have become less willing (and sometimes less able) to lend ever since the financial crisis of 2008. As to whether a bridging loan for property development, auction purchase or private home buying is a good idea, it depends on a variety of factors. Bridging loan requirements vary by lender, but each will have certain common features that need to be considered. The most notable feature of this type of finance is that the interest rate is likely to be high. At the same time, there are typically high administration fees applied to the loan. Because of this, it is essential to proceed very carefully and with a full view of the facts. Borrowers have been burned by this type of loan in the past, in instances where transactions have fallen through, or where lenders have turned out to be unscrupulous and untrustworthy. What are the various pros and cons of bridging finance? Benefits of instant bridging loans 1\. Rapid access to money 2\. Ability to borrow large sums – often up to £250 million depending on applicant status 3\. Options for flexible borrowing. Possible downsides of bridging loans: 1\. Failure to understand the unique features of these loans can result in financial risk 2\. Bridging finance is secured against your property; meaning it can be sold if you can’t meet the repayment terms 3\. A costly option with fees and higher interest What is the interest rate on a bridging loan? Bridging finance interest rates will vary by lender. However, interest costs of 1.5% a month are not unusual, which can equate to an annual percentage rate of 18%. Fixed or variable rate? Bridging loans may have fixed or variable interest rate features. Fixed interest rates are ideal for customers who want stability, as they offer the same amount of interest for the duration of the term. The rate is pre-agreed, but there may be a premium for this security. The other choice is to have a variable rate bridging loan which can change with the base rate. However, you can save money if the base rate decreases. Borrowers who are less concerned about security sometimes prefer the variable rate option if they believe that the financial markets will travel in their favour. Knowledge and market insight is required here, along with a thorough understanding of personal risk tolerance. If interest rates appear to be rising, most customers will choose the fixed interest rate to lock it in and avoid further increases in the event of a base rate rise. Repaying interest on a bridging loan? Bridging loan periods tend to be for several months and there are usually different options for paying the interest portion. Monthly repayments The customer repays the interest every month as a separate payment, rather than adding it to the outstanding balance Rolled-up bridging finance deals The compound interest is calculated monthly but added to the outstanding loan balance and paid together when repayment is due. Retained interest The monthly interest payment due is covered up to a predefined date so that the full sum is only repaid when monies are due. Fees and other costs? As well as interest payments, there will be an arrangement fee for the set-up of the bridging loan, which is usually around 1-2%. A repayment fee for exit paperwork may also apply, along with valuation fees for the cost of the surveyor. How long can you have a bridging loan for? Remember, this type of finance is designed to be short-term. As soon as it extends beyond the agreed interim or bridging period, penalties can rapidly stack up. Typically, bridging finance is available for 1 – 18 months. Are there different types of bridging loan? Yes, there are two broad types: closed bridging finance and open bridging finance. With closed bridging finance you will tell the lender how you will repay the loan – with what funds and when. These loans usually complete within a few months and the clear exit plan is required as a lending condition. Open bridge finance won’t usually need this type of exit plan, and it is typically the loan of choice when funds are needed urgently to complete a property transaction. No detailed plan is needed to explain how the debt will be settled, and the finance tends to be offered for up to a year. Of course, it’s important to note that interest will keep being applied throughout this period. There are also first charge bridging loans and second charge bridging loans. If you have a loan against a property which is already mortgaged, you’d take out a second charge loan. An example of this would be if you were planning to finance a property extension to improve the property. The categorisation tells the lenders who will have legal priority for repayment if the loan was unable to be paid off at the term-end. First charge loans apply if the new loan is the first secured on the property. Can I get a bridging loan? Bridging loan requirements will depend on the lender. Often, lenders will require that: Customers must also take out their property mortgage with them too, providing the bridge finance as an interim measure before the standard mortgage comes into play. Property is put forward as security against the loan. Some lenders expect applicants to have more than one property in order to be eligible for their bridging finance products, but this will depend on the lender and the size of the loan. Applicants show proof of income – although, interestingly, as loan interest isn’t repaid monthly, some lenders do not request this. The applicant shows evidence of their property investment track record if they are planning to develop their purchased property. The applicant can show a business plan if they are using the bridging loan for commercial purposes. What are the alternatives to bridging loans? Development loans are another type of short-term property development loan. They are repaid in stages and calculated on the gross value of the development. Personal loans are another option, as are remortgages when timescales are more flexible and a long-term loan is desirable. Tips for success when applying for instant bridging loans? Use a bridge loan calculator Ask for your lender to provide a tailored bridge finance example or illustration around your particular borrowing needs. Think carefully about the type of bridging loan that you need – whether open bridge finance or closed bridge finance. Know whether the loan is a first or second charge type. Clarify whether the interest rate is fixed or variable. Review products from several lenders. Be clear on your security. Read the small print! Who provides bridging finance? Bridging loans are offered by banks, building societies, specialist lenders and brokers. They aren’t widely advertised and usually require a direct application by the customer to find out the product features and offers. Once you have made an application, a decision will usually be made within 24 hours. The funds then will take around two weeks to be issued, including time for checks to be carried out, the valuation and the actual transfer. Keen to find out more? Hank Zarihs are highly experienced and specialist financial intermediaries operating in the property development market. We work with a tried and tested panel of over 60 trusted lenders and can provide excellent bridging finance with attractive features. Contact us to find out more. ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Your Success, Our Story [ ![Trustpilot](https://www.hankzarihs.com/wp-content/uploads/2024/09/Trustpilot.png "Trustpilot - Bridging and Development Finance Solutions")](https://uk.trustpilot.com/review/hankzarihs.com) [ ![Google r](https://www.hankzarihs.com/wp-content/uploads/2025/04/Google-r-1024x524.png "Google-r - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### 600+ ##### HAPPY CLIENTS #### £1B+ ##### DEALS FUNDED ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! [ Check out our Case Studies ](/case-studies/) ##### AREAS WE COVER ## Areas We Have Helped Clients for Auction Finance Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - [ Birmingham ](/birmingham/) - [ Bournemouth ](/bournemouth/) - [ Brighton ](/brighton/) - [ Bristol ](/bristol/) - [ Cardiff ](/cardiff/) - [ Coventry ](/coventry/) - [ Derby ](/derby/) - [ Edinburgh ](/edinburgh/) - [ Glasgow ](/glasgow/) - [ Leeds ](/leeds/) - [ Leicester ](/leicester/) - [ Liverpool ](/liverpool/) - [ London ](/london/) - [ Manchester ](/manchester/) - [ Middlesbrough ](/middlesbrough/) - [ Newcastle ](/newcastle/) - [ Northampton ](/northampton/) - [ Poole ](/poole/) - [ Portsmouth ](/portsmouth/) - [ Plymouth ](/plymouth/) - [ Reading ](/reading/) - [ Sheffield ](/sheffield/) - [ Southampton ](/southampton/) - [ Stoke ](/stoke/) - [ Wolverhampton ](/wolverhampton/) **Tags:** Transparent Header --- ### [Non Status Bridging Loans](https://www.hankzarihs.com/fast-non-status-bridging-loans/) **Published:** April 17, 2025 **Author:** Shiraz Khan **Content:** # Non Status Bridging Loans . If you’re looking to purchase a property at auction – perhaps to refurbish, or to acquire the land to build upon – then you may need finance to complete the transaction. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### Lending up to 100% NET #### Minimum Term 01 Day #### Rates from 0.65% #### Approval time Minutes #### Towards build up to 100% #### Minimum loan £200k #### Maximum Laon £100M+ #### Valuation OMV #### Table of Contents ## What is a non status bridging loan? Non status bridging loans are a specialist type of finance used for property developers. When they are [residential bridging loans](/residential-bridging-loan/), they apply to developers who are looking to purchase a non-commercial property – or to release equity on a property that they already own. ## I have bad credit, does this matter? These loans are offered to borrowers who have a poor credit history. As they represent a higher level of risk to the lender, the interest rate offered will reflect this level of risk. Additionally, all [bridging finance](/) is a short-term loan and interest is naturally higher than that of a traditional mortgage, and usually expressed as a monthly figure. The idea is that they are paid off quickly, within 3-12 months, either by cash through sale proceeds, or by finance secured via a long-term mortgage. ![Ac f house](https://www.hankzarihs.com/wp-content/uploads/2025/04/ac-f-house.jpg "ac-f-house - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") H.Z.A ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Why choose Hank Zarihs Associates? Hank Zarihs Associates are specialist and highly-experienced intermediaries in [residential development finance](/development-finance/) and investment funding industry. We work with a tried and tested panel of specialist funders with an excellent track record in the market, who can offer high leverage and gearing. ### An excellent track record With our knowledge and experience, we are able to present lending cases to our panel in a format which is most likely to increase your chances of being offered attractive mortgage finance. By following a comprehensive due diligence process with each client we make it possible to find the right non status loan in the UK, quickly and efficiently – from the right lender. ### Relationship-building We’re also proud to work with most of our clients on a repeat business basis – by proving the value of our service at every turn and by building long-term relationships with our developer clients. Whatever your level of experience, size of project or bridging loan need, you can be guaranteed of a superb experience with the team of friendly and helpful experts at Hank Zarihs Associates. ### Adding value What’s more, we are able to add value at every step of the process, with in-depth knowledge and guidance, designed to help our clients match up with the right lender, for the ideal loan. We recognise that bridging loans are usually large and complex, so our service ensures that clients are best placed for acceptance from our lending panel. ### Helping you Save More We can save you money too, as we work with property development finance lenders who offer specific deals on bridging finance for intermediaries – cutting-out the middleman and meaning that our clients can access even more attractive deals on their borrowing – with our help, expertise and support at every step of the way. ### Apply for a non-status loan Ready to apply for UK non status loan? We work with a tried and trusted panel of bridging lenders who are actively lending. The deals that we can recommend to our clients are updated daily, so you have complete peace of mind that you are receiving details of the best possible finance products on the market in real-time. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) ### Bridging loan calculator A non status loan will be offered at a range of different interest rates, depending on the lender and the borrower’s own situation. To find out the latest / typical finance rates on your loan, we have created a handy bridging loan calculator that allows you to get an indication of what your repayments would be. ![Tag image](https://www.hankzarihs.com/wp-content/uploads/2025/04/tag-image.svg "tag-image - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### Benefits of a non status bridging loan These loans can be ideal for developers who need rapid access to short-term finance, but who have adverse credit ratings. The benefits of non status bridging loans obtained via Hank Zarihs include: [ Schedule a Meeting Now ](#book-a-call-today) [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) ### No Exit Fees Some lenders charge exit fees too – but loans arranged through Hank Zarihs have no exit fees.It’s worth knowing that the arrangement fee, valuation fee and solicitors fee all tend to be standard – whether or not they are offered to borrowers with a good or adverse credit rating. Only the interest portion is affected by credit rating, to reflect lender risk. ### Low interest rates Hank Zarihs Associates can provide access to a range of lenders with varying interest rates, and our online calculator makes it easy to work out the cost of our bridging finance product range. ### Low minimum loan sizes Here at Hank Zarihs Associates we can get you a minimum loan of £250,000 and we can go up to £25,000,000 ### Bed Credit or No Income We work with a handpicked amount of lenders that do not require you to verifiy your income and also they don’t do credit checks, meaning if you have adverse credit we are the brokers that can help you get a loan ### Different repayment options Different options to repay interest portion – such as serviced, full or part rolled up. ##### WE WILL FUND YOUR PROJECT! ## Book a Call Today Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - Appointments 7 days a week - From 7am till 10pm - No obligation - Terms issued within minutes - Friendly and experienced advisors - Ask all the questions you need! ## How do I get a non-status bridging loan? The easiest way to apply for this type of loan is via an intermediary or broker. Most lenders of non status residential bridging finance only deal with intermediaries and will not offer loans directly to customers. This is good news if you want to apply for one of these loans, as it means you will receive a tailored offer to your needs and have the assistance of an intermediary to ensure the application process is as fast and smooth as possible. ## Why might I take out non status bridging finance? There are several main groups of applicant for this specialist type of property development loan. In main, they are developers who want to: 1. Purchase a domestic property 2. Release equity from their existing portfolio (rather than, say, take out a personal loan.) 3. Carry out light redevelopment projects to make their investment properties fit for sale or to rent (such as installing a new bathroom or kitchen, redoing electrics, carrying out redecoration and so forth.) 4. Converting single dwellings to simple and small HMOs via light works – To purchase a residential property quickly at an auction. 5. To refinance an existing residential property. Typically, applicants will have an issue on their credit report which means that other types of lending aren’t available to them. This could be because they have fallen behind on mortgage payments, because they have CCJs or because a payment default of some other description exists on their credit file. ### How quickly can I obtain non status residential bridging finance? This depends very much on the lender. Regulated loans which are overseen by the FCA tend to take a little longer to organise and non-regulated bridging finance tends to be quicker. In most cases, these types of loan can be organised within 3-7 days when applicants use Hank Zarihs to ensure the application process is as smooth and hassle-free as possible. ### How do I repay a bridging loan if I have poor credit? These types of short-term credit tend to be repaid when a property is sold, let or when mainstream and longer-term property finance is organised. Borrowers will need to submit their loan repayment plans when they apply. ## Non status bridging loan rates and terms Product Max LTV 65.01 – 70.00% LTV 70.01 – 80.00% LTV Term & Repayment Arrangement Fee **Residential***Including Light Refurbishment* Up to 80%Based on the OMV 0.75% pm 0.79% pm Maximum term 12 months No minimum interest or ERCs Interest Fully Rolled Up, Part-Rolled Up or Serviced (subject to affordability) The net advance will be less total potential interest over the term with the gross loan calculated as interest for the entire term and the arrangement fee added. 1-2% Full fee added to the loan. **Semi Commercial***Including Light Refurbishment* Up to 75% Based on the OMV 0.75% pm 0.89% pm **Commercial***Including Light Refurbishment* Up to 70% Based on the OMV 0.75% pm 0.89% pm **Residential***Heavy Refurbishment* Up to 75% Based on the OMV 1.00% pm 0.89% pm **Commercial and Semi Commercial***Heavy Refurbishment* Up to 70% Based on the OMV 1.00% pm 0.89% pm ##### What is non-status residential bridging finance? ## Frequently Asked Questions Hank Zarihs Associates have answered some of the most frequently asked questions about non status mortgages What is non-status residential bridging finance? Non status bridging loans are a specialist type of finance used for property developers. When they are residential bridging loans, they apply to developers who are looking to purchase a non-commercial property – or to release equity on a property that they already own. What is the lending criteria for non status bridging finance? Different lenders will have different criteria. All will require security which is usually in the form of property, but may also be offered in the form of another asset. Lenders don’t look at previous credit performance; instead, the loan is secured against an already-owned property or the property that the loan will be used to buy. This offers a means for borrowers to raise capital if they need to do so quickly – for example, if they need breathing space to get their financial affairs back in order and to repay any creditors which may be issuing demands. The lender may also want to see a business plan and exit strategy. How long does it take to get a Non status bridging loan quote? It can take as little as a week! Most products arranged via Hank Zarihs Associates take 5-7 days. If you need a bridging loan with a shorter timescale, do contact us and we’ll speak to our lenders. ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Your Success, Our Story [ ![Trustpilot](https://www.hankzarihs.com/wp-content/uploads/2024/09/Trustpilot.png "Trustpilot - Bridging and Development Finance Solutions")](https://uk.trustpilot.com/review/hankzarihs.com) [ ![Google r](https://www.hankzarihs.com/wp-content/uploads/2025/04/Google-r-1024x524.png "Google-r - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### 600+ ##### HAPPY CLIENTS #### £1B+ ##### DEALS FUNDED ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! [ Check out our Case Studies ](/case-studies/) ##### AREAS WE COVER ## Areas We Have Helped Clients for Auction Finance Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - [ Birmingham ](/birmingham/) - [ Bournemouth ](/bournemouth/) - [ Brighton ](/brighton/) - [ Bristol ](/bristol/) - [ Cardiff ](/cardiff/) - [ Coventry ](/coventry/) - [ Derby ](/derby/) - [ Edinburgh ](/edinburgh/) - [ Glasgow ](/glasgow/) - [ Leeds ](/leeds/) - [ Leicester ](/leicester/) - [ Liverpool ](/liverpool/) - [ London ](/london/) - [ Manchester ](/manchester/) - [ Middlesbrough ](/middlesbrough/) - [ Newcastle ](/newcastle/) - [ Northampton ](/northampton/) - [ Poole ](/poole/) - [ Portsmouth ](/portsmouth/) - [ Plymouth ](/plymouth/) - [ Reading ](/reading/) - [ Sheffield ](/sheffield/) - [ Southampton ](/southampton/) - [ Stoke ](/stoke/) - [ Wolverhampton ](/wolverhampton/) **Tags:** Transparent Header --- ### [New Build Developer Loans](https://www.hankzarihs.com/new-build-developer-loans/) **Published:** April 17, 2025 **Author:** Shiraz Khan **Content:** # New build developer loans . If you’re looking to purchase a property at auction – perhaps to refurbish, or to acquire the land to build upon – then you may need finance to complete the transaction. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### Lending up to 75% #### Minimum Term 36 Months #### Rates from 0.50% #### Interest from Rolled #### Loan to cast (LTC) Up to 90% #### Minimum loan £1M #### Maximum Laon £50M #### Valuation OMV #### Table of Contents When you’re a property developer one of the key aspects of good planning is to plan your finances and how you’re going to fund your project way in advance. With the introduction of the Help To Buy equity loan scheme from the government in recent years this type of property development has exploded in popularity, and it’s not just the UK’s biggest house builders that are acquiring and building on land, offering First Time Buyer mortgages on a new build, many smaller developers are too. It’s also one of the most profitable types of property development when done right. There are also now a large number of individuals doing self-build’s and building new homes that have accessed finance to complete their project and building your own home has become hugely popular. ![Construction finance for home property development](https://www.hankzarihs.com/wp-content/uploads/2025/05/construction_finance_for_home_property_development-1024x616.jpg "construction_finance_for_home_property_development - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ## What are new build developer mortgages? Quite simply, new-build developer loans, or loans for new-builds, provide finance for large commercial developers, smaller developers and individuals when building new houses. A specialist type of finance, these are usually offered under specific terms that allow developers to best manage their projects over time. For example, many are offered over a 12 to 18 month period and release funds in stages throughout the project to allow the most effective process when planning and building. Typically for more experienced borrowers and developers these are normally repaid upon the completion of the project either through refinancing or once the finished properties are sold. H.Z.A ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Why choose Hank Zarihs Associates? We have the expertise, the experience and the relationships to be able to negotiate the best rests, provide the best value and make the process as smooth as possible for you. ### An excellent track record Our track record speaks for itself. Our sales process means that we use our expertise and relationships with lenders to do extensive due diligence, bringing you to our panel of lenders in a position to negotiate the best rates with the right finance for you. ### Connected with the largest lenders Our connections in the industry mean that we have a number of exclusive relationships that allow us to negotiate exclusive rates for our clients. Because we always do extensive due diligence and present projects to our lenders completely ready we’re able to get the best terms for you ### We provide value We add value with every step. New build developer loans, and property development finance more generally, tends to be complex by nature and we have a team with years of experience that can ensure you’re in the best shape to be accepted for the right finance. ### Master brokers Because we’re an experienced intermediary you can be confident that when we do on overview of your project we’ll be giving the best advice and have you at the forefront of our mind to ensure you get the right finance for you ### Apply for a property development loan Ready to apply for development finance UK? We work with a tried and trusted panel of development lenders who are actively lending. The deals that we can recommend to our clients are updated daily, so you have complete peace of mind that you are receiving details of the best possible development finance products on the market in real-time. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) ### Check out our development repayment calculator We recommend that you take a look through our development calculator to give you a better view of what you could be eligible for and what it could cost. ![Tag image](https://www.hankzarihs.com/wp-content/uploads/2025/04/tag-image.svg "tag-image - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### Costs involved with new build developments . Check out the costs that might be involved in your next new build project [ Schedule a Meeting Now ](#book-a-call-today) [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) ### Arrangement Fees There is usually a fee for arranging your loan and this is often charged as a percentage of the loan and payable at the beginning of the term. Depending on who you arrange your finance with and other factors such as the total value and length of the loan. Typically it would normal to expect 1% as an arrangement fee and 1% as an exit fee. ### Monthly Repayments This will depend on the total amount and length of the loan as well as the interest rate. Your repayments on development finance will often just be the interest of the loan until the project has been completed as then the capital is repaid once refinancing or a sale has been completed and the project built. ### Exit Fees An exit fee is sometimes due at the end of the loan once the capital has been repaid. As with the other costs this is going to depend on your circumstances. If you’re looking for quite a large loan and you haven’t much experience, for example, lenders may ask for an exit fee which would be a percentage of the total amount payable and the end of the term. In most cases you’ll find that a lender will charge an exit fee of between 1-2% and this will either be as a percentage of the overall loan or the total Gross Development Value (GDV). ### Other Fees There could potentially be other costs involved if, for example, you use a solicitor to act on your behalf or if you also use tax advisors and accountants when arranging finance in your business affairs. Other costs to consider are: • Valuation fees • Lenders legal fees • Monitoring Survey costs • Monthly inspection fees • Stamp Duty Sometimes businesses prefer to also use advisors when arranging finance to be aware of any tax implications, and this may add to your costs depending on your project. ### Summary As with any type of finance or lending there will be fees and costs involved, much like arranging a mortgage for your residential property. For those who are experienced this won’t come as a shock, but to ensure that you’re fully prepared before you apply we’ve broken these down for you here. Similarly to new build mortgages in the residential and commercial sector, costs will vary. New build mortgages with a 90% Loan To Value (LTV), for example, will differ from a new build mortgage with a 60% LTV. ##### WE WILL FUND YOUR PROJECT! ## Book a Call Today Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - Appointments 7 days a week - From 7am till 10pm - No obligation - Terms issued within minutes - Friendly and experienced advisors - Ask all the questions you need! ## What documents do I need to provide? To apply for a new build developer loan, you will normally need the following: - Documentation of your income, expenditures, assets and liabilities - Recent bank statements - A valuation of your project from a lender-approved professional - Detailed breakdown of project costs - Development timeline - All relevant planning permission documents - Building regulations consent - Your National House Building Council (NHBC) insurance details or an equivalent - An exit strategy i.e. how you will repay the loan ## Can you provide the best rates? Every project is different and will have different requirements, however, we offer a unique approach and 16 years of experience within our industry that means we can find exactly the right finance for your project and for you. Our process will mean that we’ll discuss your project with you to iron out all the details before researching our panel of lenders and presenting you with a range of available options. We’ll then negotiate with the lenders on your behalf to negotiate the best possible terms. We have the expertise required to present your project in a format which will satisfy the lending institutions credit committees. We have exclusive relationships with a number of lenders which allows us to negotiate exclusive rates for our clients. You can rest assured that our team will ensure that you’re provided with the best lender and terms for your project and for you. ##### WHAT IS BRIDGING FINANCE? ## Bridging Finance & How does it work? Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ What is bridging finance & how does it work? You may have heard about bridging loans in the context of property investment or moving house, but what exactly are they? Basically, [bridging finance](/fast-bridging-finance/) is a type of short-term loan that allows a buyer to purchase a property before their existing home or investment property is sold. As the name suggests, it ‘bridges’ the funding gap in the lag between purchase and sale – offering rapid access to the necessary purchase funds for a brief period of time. Borrowers can access from £5,000 to £250 million, depending on applicant status, the value of the property and other lender criteria. Higher lending amounts are typically reserved for borrowers who can put up several properties as security. Quotes are provided on a Loan to Value (LTV) of 65%-80% in most situations. What are the typical uses of bridging loans? Bridging loans can be used in a number of situations. For example: 1. When people are moving home in a chain, with a gap between completion dates (e.g. needing to pay for the new property before receiving funds on the completed old property). 2. When property investors or private buyers renovate a home and want a rapid sell-on. 3. When an individual is looking to buy a property at an auction. 4. When property investors and developers are looking to pay a tax bill 5. When buyers want to secure finance against an uninhabitable property. This type of finance can be used by homeowners, landlords and property developers alike. Are bridging loans a good idea? The bridging finance market has grown rapidly, with a number of small and focused lenders now on the market, catering for specialist property finance needs. The market has changed because large high-street lenders have become less willing (and sometimes less able) to lend ever since the financial crisis of 2008. As to whether a bridging loan for property development, auction purchase or private home buying is a good idea, it depends on a variety of factors. Bridging loan requirements vary by lender, but each will have certain common features that need to be considered. The most notable feature of this type of finance is that the interest rate is likely to be high. At the same time, there are typically high administration fees applied to the loan. Because of this, it is essential to proceed very carefully and with a full view of the facts. Borrowers have been burned by this type of loan in the past, in instances where transactions have fallen through, or where lenders have turned out to be unscrupulous and untrustworthy. What are the various pros and cons of bridging finance? Benefits of instant bridging loans 1\. Rapid access to money 2\. Ability to borrow large sums – often up to £250 million depending on applicant status 3\. Options for flexible borrowing. Possible downsides of bridging loans: 1\. Failure to understand the unique features of these loans can result in financial risk 2\. Bridging finance is secured against your property; meaning it can be sold if you can’t meet the repayment terms 3\. A costly option with fees and higher interest What is the interest rate on a bridging loan? Bridging finance interest rates will vary by lender. However, interest costs of 1.5% a month are not unusual, which can equate to an annual percentage rate of 18%. Fixed or variable rate? Bridging loans may have fixed or variable interest rate features. Fixed interest rates are ideal for customers who want stability, as they offer the same amount of interest for the duration of the term. The rate is pre-agreed, but there may be a premium for this security. The other choice is to have a variable rate bridging loan which can change with the base rate. However, you can save money if the base rate decreases. Borrowers who are less concerned about security sometimes prefer the variable rate option if they believe that the financial markets will travel in their favour. Knowledge and market insight is required here, along with a thorough understanding of personal risk tolerance. If interest rates appear to be rising, most customers will choose the fixed interest rate to lock it in and avoid further increases in the event of a base rate rise. Repaying interest on a bridging loan? Bridging loan periods tend to be for several months and there are usually different options for paying the interest portion. Monthly repayments The customer repays the interest every month as a separate payment, rather than adding it to the outstanding balance Rolled-up bridging finance deals The compound interest is calculated monthly but added to the outstanding loan balance and paid together when repayment is due. Retained interest The monthly interest payment due is covered up to a predefined date so that the full sum is only repaid when monies are due. Fees and other costs? As well as interest payments, there will be an arrangement fee for the set-up of the bridging loan, which is usually around 1-2%. A repayment fee for exit paperwork may also apply, along with valuation fees for the cost of the surveyor. How long can you have a bridging loan for? Remember, this type of finance is designed to be short-term. As soon as it extends beyond the agreed interim or bridging period, penalties can rapidly stack up. Typically, bridging finance is available for 1 – 18 months. Are there different types of bridging loan? Yes, there are two broad types: closed bridging finance and open bridging finance. With closed bridging finance you will tell the lender how you will repay the loan – with what funds and when. These loans usually complete within a few months and the clear exit plan is required as a lending condition. Open bridge finance won’t usually need this type of exit plan, and it is typically the loan of choice when funds are needed urgently to complete a property transaction. No detailed plan is needed to explain how the debt will be settled, and the finance tends to be offered for up to a year. Of course, it’s important to note that interest will keep being applied throughout this period. There are also first charge bridging loans and second charge bridging loans. If you have a loan against a property which is already mortgaged, you’d take out a second charge loan. An example of this would be if you were planning to finance a property extension to improve the property. The categorisation tells the lenders who will have legal priority for repayment if the loan was unable to be paid off at the term-end. First charge loans apply if the new loan is the first secured on the property. Can I get a bridging loan? Bridging loan requirements will depend on the lender. Often, lenders will require that: Customers must also take out their property mortgage with them too, providing the bridge finance as an interim measure before the standard mortgage comes into play. Property is put forward as security against the loan. Some lenders expect applicants to have more than one property in order to be eligible for their bridging finance products, but this will depend on the lender and the size of the loan. Applicants show proof of income – although, interestingly, as loan interest isn’t repaid monthly, some lenders do not request this. The applicant shows evidence of their property investment track record if they are planning to develop their purchased property. The applicant can show a business plan if they are using the bridging loan for commercial purposes. What are the alternatives to bridging loans? Development loans are another type of short-term property development loan. They are repaid in stages and calculated on the gross value of the development. Personal loans are another option, as are remortgages when timescales are more flexible and a long-term loan is desirable. Tips for success when applying for instant bridging loans? Use a bridge loan calculator Ask for your lender to provide a tailored bridge finance example or illustration around your particular borrowing needs. Think carefully about the type of bridging loan that you need – whether open bridge finance or closed bridge finance. Know whether the loan is a first or second charge type. Clarify whether the interest rate is fixed or variable. Review products from several lenders. Be clear on your security. Read the small print! Who provides bridging finance? Bridging loans are offered by banks, building societies, specialist lenders and brokers. They aren’t widely advertised and usually require a direct application by the customer to find out the product features and offers. Once you have made an application, a decision will usually be made within 24 hours. The funds then will take around two weeks to be issued, including time for checks to be carried out, the valuation and the actual transfer. Keen to find out more? Hank Zarihs are highly experienced and specialist financial intermediaries operating in the property development market. We work with a tried and tested panel of over 60 trusted lenders and can provide excellent bridging finance with attractive features. Contact us to find out more. ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Your Success, Our Story [ ![Trustpilot](https://www.hankzarihs.com/wp-content/uploads/2024/09/Trustpilot.png "Trustpilot - Bridging and Development Finance Solutions")](https://uk.trustpilot.com/review/hankzarihs.com) [ ![Google r](https://www.hankzarihs.com/wp-content/uploads/2025/04/Google-r-1024x524.png "Google-r - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### 600+ ##### HAPPY CLIENTS #### £1B+ ##### DEALS FUNDED ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! [ Check out our Case Studies ](/case-studies/) ##### AREAS WE COVER ## Areas We Have Helped Clients for Auction Finance Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - [ Birmingham ](/birmingham/) - [ Bournemouth ](/bournemouth/) - [ Brighton ](/brighton/) - [ Bristol ](/bristol/) - [ Cardiff ](/cardiff/) - [ Coventry ](/coventry/) - [ Derby ](/derby/) - [ Edinburgh ](/edinburgh/) - [ Glasgow ](/glasgow/) - [ Leeds ](/leeds/) - [ Leicester ](/leicester/) - [ Liverpool ](/liverpool/) - [ London ](/london/) - [ Manchester ](/manchester/) - [ Middlesbrough ](/middlesbrough/) - [ Newcastle ](/newcastle/) - [ Northampton ](/northampton/) - [ Poole ](/poole/) - [ Portsmouth ](/portsmouth/) - [ Plymouth ](/plymouth/) - [ Reading ](/reading/) - [ Sheffield ](/sheffield/) - [ Southampton ](/southampton/) - [ Stoke ](/stoke/) - [ Wolverhampton ](/wolverhampton/) **Tags:** Transparent Header --- ### [Mezzanine Finance Lenders](https://www.hankzarihs.com/mezzanine-finance-lenders/) **Published:** May 26, 2025 **Author:** Shiraz Khan **Content:** # Mezzanine Finance Lenders . If you’re looking to purchase a property at auction – perhaps to refurbish, or to acquire the land to build upon – then you may need finance to complete the transaction. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### Lending up to 75% #### Minimum Term 36 Months #### Rates from 0.50% #### Interest from Rolled #### Loan to cast (LTC) Up to 90% #### Minimum loan £1M #### Maximum Laon £50M #### Valuation OMV #### Table of Contents Business funding basically falls into three main categories. Debt funding is the most common and takes the form of a loan or similar funding facility in return for repayment with interest. Equity **finance** involves handing over a share of your business for finance. But with [mezzanine finance](/mezzanine-finance-lenders/), you essentially find a blend of the two. Read to find out more about this more complex and specialist financial tool for property developers and businesses. ## What is mezzanine finance? Mezzanine development finance is a relatively complex arrangement that spans a series of funding scenarios. However, it can be an attractive solution in certain situations, especially where a business borrower or developer cannot raise sufficient funds by debt or equity finance alone. Mezzanine financing is usually used for larger sums, where the borrowed money will be repaid via profit. The loan tends to be extended on a cash basis and a portion will transfer to equity or shares after the timeframe. This means that the business provides equity as security against the loan. Interest is also paid on the loan in the traditional way. ![Mezzanine finance used for property development](https://www.hankzarihs.com/wp-content/uploads/2025/05/mezzanine_finance_used_for_property_development.jpg "mezzanine_finance_used_for_property_development - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") With **mezzanine** funding for property development, the developer will usually front 10% of the cost as equity, the bank will offer a *loan* worth 60%-80% of the desired sum, and a specialist mezzanine lender will provide the difference. In a property development example, the bank (or specialist lender) will fund part of the costs of the land purchase itself, the building work and the professional costs of the project. The mezzanine will be in place to deliver the proportion of equity that the lender requires from the start. Key facts to know are: - Eligible borrowers can usually obtain up to 90% of the project cost, or 70% of its GDV - Funding is usually in place for 12-24 months - Borrowing is available from around £75,000 to £3 million and even higher, depending on the lender. H.Z.A ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Why choose Hank Zarihs Associates? As specialist brokers for the development and investment funding market, we pride ourselves on offering expert service to our clients; enabling you to access the best possible financial deals for your needs. ### Market Access We work with a tried and trusted panel of development finance lenders with significant expertise in the market. This means that our clients can find lenders who are prepared to offer flexible terms that meet their business needs and situation. ### Relationship-building We’re also proud to work with most of our clients on a repeat business basis – by proving the value of our service at every turn and by building long-term relationships with our developer clients. Whatever your level of experience, size of project or development loan need, you can be guaranteed of a superb experience with the team of friendly and helpful experts at Hank Zarihs Associates. ### Competitive Arrangements Mezzanine finance lenders UK wide offer extremely varied rates on mezzanine finance. Hank Zarihs Associates can access some of the most competitive terms on the market, with deals that aren’t available directly on the open market. ### We do the hard work for you As mezzanine funding for real estate or business tends to be complex in nature, the information that lenders require tends to be more complex than for a standard loan. We take on this hard work for our clients, arranging the administration and managing the entire process from end to end so that our clients can focus on their business. ### Apply for a mezzanine finance Ready to apply for mezzanine finance? We work with a tried and trusted panel of lenders who are actively lending. The deals that we can recommend to our clients are updated daily, so you have complete peace of mind that you are receiving details of the best possible mezzanine finance products on the market in real-time. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) ![Tag image](https://www.hankzarihs.com/wp-content/uploads/2025/04/tag-image.svg "tag-image - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### Benefits of Mezzanine finance . Apart from the obvious benefit of providing ready access to generous funding where collateral may otherwise be limited, there are various to mezzanine finance, such as: [ Schedule a Meeting Now ](#book-a-call-today) [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) ### Speed This type of funding is swift to organise, especially when you choose a broker such as Hank Zarihs Associates with significant expertise in the field. ### Less equity dilution Apply for commercial development Mezzanine finance means that the company’s overall equity dilution is less than if had proceeded down the pure equity finance path. ### Tax Benefits In certain instances, interest repayments on mezzanine finance may be tax-deductible. From an accounting perspective, mezzanine funding also increases the project’s Internal Rate of Return (IRR). ### Leverage As this type of finance offers a blend of debt finance and equity finance, it offers a more attractive return on equity to the business. It can also help to get projects over the line, which is often vital for larger developments or strategic projects. ### Capital Structure This type of finance can usually be listed on the company balance sheet as an equity entry. This means that lower levels of debt are recorded for finance and accounting purposes, and the business can still maintain access to extra finance, if and when it requires it. ##### WE WILL FUND YOUR PROJECT! ## Book a Call Today Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - Appointments 7 days a week - From 7am till 10pm - No obligation - Terms issued within minutes - Friendly and experienced advisors - Ask all the questions you need! ### Mezzanine financing for UK real estate Mezzanine funding is highly popular for UK real estate, even for developers which are highly capitalised. This flexible funding arrangement gives developers access to greater funding facilities that they might otherwise have access too, helping them to push projects over the line when they might otherwise stall and meeting the challenges of unexpected or higher costs which come from the nature of such **developments**. ### Why use mezzanine funding? Mezzanine debt can be used to plug the funding gap between your business or development equity and a senior debt arrangement offered by a bank. Developers use it even when they have the cash to finance their projects. This is because mezzanine finance offers various benefits. It increases the Internal Rate of Return (IRR) on a project, is quick and easy to organise and offers control. Furthermore, it is largely calculated as a cost against profits, and paid as an exit fee when the loan is redeemed (rather than becoming a further working capital requirement.) ### Who should use Mezzanine finance? Mezzanine funders extend this type of finance to meet a range of situations, including: - **Property** developers seeking to get larger projects off the ground - Businesses looking to meet ambitious growth plans - Businesses looking to fund management buyouts or acquisitions ## Mezzanine finance rates and examples Mezzanine finance providers UK wide will have very different terms, but the interest rate charged against the loan portion of these deals can be anywhere from around 10% to 30%, or even more depending on the lender and the applicant’s situation and risk profile. Mezzanine funding interest tends to be charged monthly, in line with bridging finance arrangements, so a monthly interest charge of 2.5% isn’t unusual. ##### How I repay a Mezzanine loan? ## Frequently Asked Questions Mezzanine Finance Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ How I repay a Mezzanine loan? There are different ways of repaying a mezzanine loan. For example: - Cash on hand – where the company uses a ‘sinking fund’ of cash which has been accrued over the investment’s lifetime. When the funding arrangement matures, the cash is used to pay all or some of the mezzanine finance’s obligations as they mature. - A mix of cash on hand and senior debt – where the borrower combines available cash and a new senior debt facility to repay the debt. - A mix of the above, plus a new mezzanine debt arrangement. This new debt will usually be for a smaller amount – enough to meet the outstanding financial obligations. - A sale or partial exit – where the equity holders sell of their development or business to pay off the debt as part of their exit plan. Do I qualify for funding? Mezzanine finance can be taken out by property developers and businesses alike. Lenders will want to see that a form of first charge lending is in place, for full visibility of your funding plans. For property development, they will want to see relevant planning permission documentation, and evidence of industry expertise. Data that shows the investment to be viable will also be essential as these are higher risk finance arrangements than a standard collateralised debt loan. ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Your Success, Our Story [ ![Trustpilot](https://www.hankzarihs.com/wp-content/uploads/2024/09/Trustpilot.png "Trustpilot - Bridging and Development Finance Solutions")](https://uk.trustpilot.com/review/hankzarihs.com) [ ![Google r](https://www.hankzarihs.com/wp-content/uploads/2025/04/Google-r-1024x524.png "Google-r - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### 600+ ##### HAPPY CLIENTS #### £1B+ ##### DEALS FUNDED ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! [ Check out our Case Studies ](/case-studies/) ##### AREAS WE COVER ## Areas We Have Helped Clients for Auction Finance Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - [ Birmingham ](/birmingham/) - [ Bournemouth ](/bournemouth/) - [ Brighton ](/brighton/) - [ Bristol ](/bristol/) - [ Cardiff ](/cardiff/) - [ Coventry ](/coventry/) - [ Derby ](/derby/) - [ Edinburgh ](/edinburgh/) - [ Glasgow ](/glasgow/) - [ Leeds ](/leeds/) - [ Leicester ](/leicester/) - [ Liverpool ](/liverpool/) - [ London ](/london/) - [ Manchester ](/manchester/) - [ Middlesbrough ](/middlesbrough/) - [ Newcastle ](/newcastle/) - [ Northampton ](/northampton/) - [ Poole ](/poole/) - [ Portsmouth ](/portsmouth/) - [ Plymouth ](/plymouth/) - [ Reading ](/reading/) - [ Sheffield ](/sheffield/) - [ Southampton ](/southampton/) - [ Stoke ](/stoke/) - [ Wolverhampton ](/wolverhampton/) **Tags:** Transparent Header --- ### [Light Refurbishment Mortgage](https://www.hankzarihs.com/light-refurbishment-mortgage/) **Published:** April 17, 2025 **Author:** Shiraz Khan **Content:** # Light Refurbishment Mortgage . If you’re looking to purchase a property at auction – perhaps to refurbish, or to acquire the land to build upon – then you may need finance to complete the transaction. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### Lending up to 100% NET #### Minimum Term 01 Day #### Rates from 0.65% #### Approval time Minutes #### Towards build up to 100% #### Minimum loan £200k #### Maximum Laon £100M+ #### Valuation OMV #### Table of Contents Looking for finance development work on your investment property? Specialist refurbishment mortgages exist to finance the property purchase (where necessary) and refurbishment work itself, with separate products on offer depending on the nature of the work in question. [Light refurbishment mortgage loans](/light-refurbishment-mortgage/) are short-term bridging loans which are designed to be repaid upon completion of the works and a subsequent sale or remortgage to a BTL mortgage or similar. ## What is a light refurbishment? A light refurbishment definition covers limited repairs, such as redecoration or refurbishment works such as installing a new kitchen or bathroom. These types of works are usually financed with a light refurbishment mortgage, which the borrower can take out to purchase or remortgage a property needing these works. Light refurbishment mortgages are ideal for buy to let properties, including single dwelling residential properties and HMOs. The sum borrowed allows the landlord or investor to buy the property at an attractive price and deliver the works (works which are designed to increase the underlying value of the property and increase the rental income that can be achieved from it.) ![Light_refurbishment_loan_used_by_first_time_buyer](https://www.hankzarihs.com/wp-content/uploads/2025/05/Light_refurbishment_loan_used_by_first_time_buyer.jpg "Light_refurbishment_loan_used_by_first_time_buyer - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ## Why choose a renovation mortgage? Most high street lenders will only offer a mortgage secured against a property that is deemed to be ‘habitable’. this means that renovation, conversion and other ‘unconventional’ purchases need to be financed with a specialist product. Hank Zarihs Associates works with a panel of experienced, trusted lenders which offer this kind of [specialist development finance at competitive rates](/development-finance/). There are both light renovation mortgages and heavy renovation mortgages available, depending on the scale of the works that you are intending to carry out. These products are short-term bridging loans, with the refurbishment bridging loan repaid with a switch to an appropriate long-term product such as a buy to let mortgage at the point of completion, or proceeds from the sale of the property itself. H.Z.A ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Why choose Hank Zarihs Associates? ### We specialise in refurbishment bridging loans Hank Zarihs Associates are a leading financial intermediary for development and investment finance, including light and heavy refurbishment bridging loans. We work with a large panel of tried and tested lenders with significant expertise in their fields and deals which are often not advertised on the open market. We work with our clients to secure tailored, competitive products which perfectly match their needs, and thanks to our focus on long-term, mutually-beneficial relationships, we are able to advise our clients throughout their investment and development careers as their projects and ambitions grow! The process is quick and simple. We only need a few minutes to obtain the information that our lending panel need to review your application and to make an offer, and we liaise with our lenders to secure you a tailored offer within the hour, presenting your details in the way that lenders need to make a rapid, competitive offer. Review your offer and simply choose the loan which best fits your needs. We will handle the administration for you, securing you your funds within just seven days on average. Need your bridging loan quicker than this? Please contact us today as in some cases, we can secure loans within just three days or even less. ### Apply for a refurbishment loan Ready to apply for light refurboshment loan? We work with a tried and trusted panel of lenders who are actively lending. The deals that we can recommend to our clients are updated daily, so you have complete peace of mind that you are receiving details of the best possible deals on the market in real-time. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) ### Light refurbishment calculator Our light refurbishment mortgage gives you a sense of how much you might pay for your development mortgage. Simply add the relevant fields into the refurbishment mortgage calculator to see how much you will pay. The calculator will tell you the costs of your bridging loan, with a breakdown of the gross sum that will need to be repaid at the end of the term once the works have completed. The refurbishment mortgage calculator also gives you an idea of the costs that you would then pay for the longer-term buy to let loan that you would then switch to in order to repay the bridging loan. ##### WE WILL FUND YOUR PROJECT! ## Book a Call Today Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - Appointments 7 days a week - From 7am till 10pm - No obligation - Terms issued within minutes - Friendly and experienced advisors - Ask all the questions you need! ## Types of properties for light refurbishments Light refurbishment bridging loans are usually applied to: - Single dwelling residential properties - HMO residential properties - Semi-commercial and commercial properties - Occasionally they can be used to convert a residential property to a small HMO. Light refurbishment bridging finance can also be taken out by individuals, companies or trusts. ### Types of work that can be carried out on a light refurb There is no legal definition of light refurbishment works, but they are understood by lenders to fall into the quicker end of improvement, refurbishment or conversion works – where planning permission isn’t required. For example, these light refurbishment works could be: - Installation of a new kitchen or bathroom - General decoration to improve the presentation of the property in order to increase its rental value - Installation of new windows - Rewiring the property - Adding central heating - Carrying out non-structural improvements - Sometimes, to convert a single dwelling residential property to an HMO where only light work is required ![Painting new hmo investment property](https://www.hankzarihs.com/wp-content/uploads/2025/05/painting_new_hmo_investment_property.jpg "painting_new_hmo_investment_property - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### Difference between light and heavy refurbishment mortgages So, we’ve covered the scope of light refurbishment mortgages, but how do they differ from heavy refurbishment mortgages? The difference lies in the scale of the necessary works. Heavy refurbishment bridging loans are used where structural changes are required and where planning permission is necessary. These products might be used to fund: - Any project which requires planning permission or building regulations - Structural works to the interior or exterior of the house - Significant conversion - A property extension For works which are yet more significant – such as rebuilding a property or developing an apartment block, there will be more appropriate forms of development finance available. Contact the expert team at Hank Zarihs Associates for advice and a tailored illustration from our lending panel within the hour! It’s worth noting that light refurbishment mortgages tend to be less expensive than heavy refurbishment mortgages due to the lower risk of a timely redemption within the bridging loan term (usually 6 months to 2 years.) For both types of refurbishment mortgage, a deposit of 75% more is expected. Loan repayments can be as low as 0.43% pm for a 50% LTV on a residential light refurbishment mortgage, although rates vary widely – contact Hank Zarihs to find out what the most competitive rates are for your project right now. Interest can also be serviced in different ways depending on your needs – for example, it can be serviced monthly, rolled-up or part rolled-up. ### Call us today! To find out the various mortgage options for renovations, please contact the Hank Zarihs Associates team from 9 am to 9 pm, Monday to Friday, on 44 (0) 20 3889 4403. Alternatively, complete the web call back form on our website and let one of our team contact you at a time that best suits your needs. ##### WHAT IS BRIDGING FINANCE? ## Bridging Finance & How does it work? Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ What is bridging finance & how does it work? You may have heard about bridging loans in the context of property investment or moving house, but what exactly are they? Basically, [bridging finance](/fast-bridging-finance/) is a type of short-term loan that allows a buyer to purchase a property before their existing home or investment property is sold. As the name suggests, it ‘bridges’ the funding gap in the lag between purchase and sale – offering rapid access to the necessary purchase funds for a brief period of time. Borrowers can access from £5,000 to £250 million, depending on applicant status, the value of the property and other lender criteria. Higher lending amounts are typically reserved for borrowers who can put up several properties as security. Quotes are provided on a Loan to Value (LTV) of 65%-80% in most situations. What are the typical uses of bridging loans? Bridging loans can be used in a number of situations. For example: 1. When people are moving home in a chain, with a gap between completion dates (e.g. needing to pay for the new property before receiving funds on the completed old property). 2. When property investors or private buyers renovate a home and want a rapid sell-on. 3. When an individual is looking to buy a property at an auction. 4. When property investors and developers are looking to pay a tax bill 5. When buyers want to secure finance against an uninhabitable property. This type of finance can be used by homeowners, landlords and property developers alike. Are bridging loans a good idea? The bridging finance market has grown rapidly, with a number of small and focused lenders now on the market, catering for specialist property finance needs. The market has changed because large high-street lenders have become less willing (and sometimes less able) to lend ever since the financial crisis of 2008. As to whether a bridging loan for property development, auction purchase or private home buying is a good idea, it depends on a variety of factors. Bridging loan requirements vary by lender, but each will have certain common features that need to be considered. The most notable feature of this type of finance is that the interest rate is likely to be high. At the same time, there are typically high administration fees applied to the loan. Because of this, it is essential to proceed very carefully and with a full view of the facts. Borrowers have been burned by this type of loan in the past, in instances where transactions have fallen through, or where lenders have turned out to be unscrupulous and untrustworthy. What are the various pros and cons of bridging finance? Benefits of instant bridging loans 1\. Rapid access to money 2\. Ability to borrow large sums – often up to £250 million depending on applicant status 3\. Options for flexible borrowing. Possible downsides of bridging loans: 1\. Failure to understand the unique features of these loans can result in financial risk 2\. Bridging finance is secured against your property; meaning it can be sold if you can’t meet the repayment terms 3\. A costly option with fees and higher interest What is the interest rate on a bridging loan? Bridging finance interest rates will vary by lender. However, interest costs of 1.5% a month are not unusual, which can equate to an annual percentage rate of 18%. Fixed or variable rate? Bridging loans may have fixed or variable interest rate features. Fixed interest rates are ideal for customers who want stability, as they offer the same amount of interest for the duration of the term. The rate is pre-agreed, but there may be a premium for this security. The other choice is to have a variable rate bridging loan which can change with the base rate. However, you can save money if the base rate decreases. Borrowers who are less concerned about security sometimes prefer the variable rate option if they believe that the financial markets will travel in their favour. Knowledge and market insight is required here, along with a thorough understanding of personal risk tolerance. If interest rates appear to be rising, most customers will choose the fixed interest rate to lock it in and avoid further increases in the event of a base rate rise. Repaying interest on a bridging loan? Bridging loan periods tend to be for several months and there are usually different options for paying the interest portion. Monthly repayments The customer repays the interest every month as a separate payment, rather than adding it to the outstanding balance Rolled-up bridging finance deals The compound interest is calculated monthly but added to the outstanding loan balance and paid together when repayment is due. Retained interest The monthly interest payment due is covered up to a predefined date so that the full sum is only repaid when monies are due. Fees and other costs? As well as interest payments, there will be an arrangement fee for the set-up of the bridging loan, which is usually around 1-2%. A repayment fee for exit paperwork may also apply, along with valuation fees for the cost of the surveyor. How long can you have a bridging loan for? Remember, this type of finance is designed to be short-term. As soon as it extends beyond the agreed interim or bridging period, penalties can rapidly stack up. Typically, bridging finance is available for 1 – 18 months. Are there different types of bridging loan? Yes, there are two broad types: closed bridging finance and open bridging finance. With closed bridging finance you will tell the lender how you will repay the loan – with what funds and when. These loans usually complete within a few months and the clear exit plan is required as a lending condition. Open bridge finance won’t usually need this type of exit plan, and it is typically the loan of choice when funds are needed urgently to complete a property transaction. No detailed plan is needed to explain how the debt will be settled, and the finance tends to be offered for up to a year. Of course, it’s important to note that interest will keep being applied throughout this period. There are also first charge bridging loans and second charge bridging loans. If you have a loan against a property which is already mortgaged, you’d take out a second charge loan. An example of this would be if you were planning to finance a property extension to improve the property. The categorisation tells the lenders who will have legal priority for repayment if the loan was unable to be paid off at the term-end. First charge loans apply if the new loan is the first secured on the property. Can I get a bridging loan? Bridging loan requirements will depend on the lender. Often, lenders will require that: Customers must also take out their property mortgage with them too, providing the bridge finance as an interim measure before the standard mortgage comes into play. Property is put forward as security against the loan. Some lenders expect applicants to have more than one property in order to be eligible for their bridging finance products, but this will depend on the lender and the size of the loan. Applicants show proof of income – although, interestingly, as loan interest isn’t repaid monthly, some lenders do not request this. The applicant shows evidence of their property investment track record if they are planning to develop their purchased property. The applicant can show a business plan if they are using the bridging loan for commercial purposes. What are the alternatives to bridging loans? Development loans are another type of short-term property development loan. They are repaid in stages and calculated on the gross value of the development. Personal loans are another option, as are remortgages when timescales are more flexible and a long-term loan is desirable. Tips for success when applying for instant bridging loans? Use a bridge loan calculator Ask for your lender to provide a tailored bridge finance example or illustration around your particular borrowing needs. Think carefully about the type of bridging loan that you need – whether open bridge finance or closed bridge finance. Know whether the loan is a first or second charge type. Clarify whether the interest rate is fixed or variable. Review products from several lenders. Be clear on your security. Read the small print! Who provides bridging finance? Bridging loans are offered by banks, building societies, specialist lenders and brokers. They aren’t widely advertised and usually require a direct application by the customer to find out the product features and offers. Once you have made an application, a decision will usually be made within 24 hours. The funds then will take around two weeks to be issued, including time for checks to be carried out, the valuation and the actual transfer. Keen to find out more? Hank Zarihs are highly experienced and specialist financial intermediaries operating in the property development market. We work with a tried and tested panel of over 60 trusted lenders and can provide excellent bridging finance with attractive features. Contact us to find out more. ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Your Success, Our Story [ ![Trustpilot](https://www.hankzarihs.com/wp-content/uploads/2024/09/Trustpilot.png "Trustpilot - Bridging and Development Finance Solutions")](https://uk.trustpilot.com/review/hankzarihs.com) [ ![Google r](https://www.hankzarihs.com/wp-content/uploads/2025/04/Google-r-1024x524.png "Google-r - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### 600+ ##### HAPPY CLIENTS #### £1B+ ##### DEALS FUNDED ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! [ Check out our Case Studies ](/case-studies/) ##### AREAS WE COVER ## Areas We Have Helped Clients for Auction Finance Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - [ Birmingham ](/birmingham/) - [ Bournemouth ](/bournemouth/) - [ Brighton ](/brighton/) - [ Bristol ](/bristol/) - [ Cardiff ](/cardiff/) - [ Coventry ](/coventry/) - [ Derby ](/derby/) - [ Edinburgh ](/edinburgh/) - [ Glasgow ](/glasgow/) - [ Leeds ](/leeds/) - [ Leicester ](/leicester/) - [ Liverpool ](/liverpool/) - [ London ](/london/) - [ Manchester ](/manchester/) - [ Middlesbrough ](/middlesbrough/) - [ Newcastle ](/newcastle/) - [ Northampton ](/northampton/) - [ Poole ](/poole/) - [ Portsmouth ](/portsmouth/) - [ Plymouth ](/plymouth/) - [ Reading ](/reading/) - [ Sheffield ](/sheffield/) - [ Southampton ](/southampton/) - [ Stoke ](/stoke/) - [ Wolverhampton ](/wolverhampton/) **Tags:** Transparent Header --- ### [Large HMO Mortgages](https://www.hankzarihs.com/large-hmo-mortgages/) **Published:** May 26, 2025 **Author:** Shiraz Khan **Content:** # Large HMO Mortgages . If you’re looking to purchase a property at auction – perhaps to refurbish, or to acquire the land to build upon – then you may need finance to complete the transaction. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### Lending up to 75% #### Minimum Term No ERC #### Rates per annum 3.90% #### Interest Charged Daily #### Max. Term 25 Years #### Minimum loan £250k #### Maximum Laon £25M #### Valuation OMV #### Table of Contents The property market in the UK is an extremely healthy position, with the private rental market booming. More people than ever are entering into this market and looking for good quality rental accommodation. That being said, it’s not just a surge in rental demand that’s driving the property boom, but also a distinct shortage of supply that’s pushing up demand and prices with it, which in turn is driving up property yields. Yields, in simple terms, is the measurement used to show how much rent you’re able to command, per year, as a percentage of the value of the property. All of these factors have created a fertile ground for landlords and property investors, and has meant that there’s now much more demand for specialist investor lending and mortgages as a result. With a desperate need for property stock comes a lot more demand for property that can be converted as well as land. As a result of all of this, HMO properties have become much more popular in recent times, especially in city and urban centres. HMO mortgage, and [large HMO mortgage](/large-hmo-mortgages/) applications have exploded along with these trends, showing that many more property investors and landlords are now looking at this asset class as a great way to earn income. Because we’ve seen a big increase in enquiries about finance such as a **large HMO mortgage**, we’ve put together a short guide. ![Large hmo property mortgages](https://www.hankzarihs.com/wp-content/uploads/2025/05/large_hmo_property_mortgages.jpg "large_hmo_property_mortgages - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ## What is a large HMO mortgage? A normal HMO mortgage is where you borrow money over the long term to fund the purchase of a property that will have multiple occupants. A property is considered a House in Multiple Occupation (HMO) if at least 3 tenants live there, forming more than 1 household. A large HMO mortgage would cover a **larger** HMO property which would be considered, under law, as a property with 5 tenants or more forming more than 1 household. For most HMO mortgage providers they have a lending cap of between £500,000 and £1 million, so that would restrict larger HMO landlords from applying, however, there are specialist lenders on our panel who are more than willing to consider larger HMO mortgages for our clients. So, for the purposes of this definition, consider a larger HMO mortgage as one that is for a property for 5 or more tenants with a value of £1 million and above. ### What is a large HMO? A large HMO, as opposed to small or regular HMO, would be considered as such if there are 5 or more tenants living within the same property forming one household. A small, or regular HMO is considered as such when 3 tenants form one household. H.Z.A ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Why choose Hank Zarihs Associates? ### Why choose us as your HMO mortgage broker? Hank Zarihs Associates are specialist and highly-experienced intermediaries in the development finance and investment funding industry. We work with a tried and tested panel of specialist funders with an excellent track record in the market, who can offer high leverage and gearing. As an HMO landlord, or larger property investor, you need a broker and a provider than actually understands the market and what it entails. Whilst it’s true that the profits and returns can be very good, it’s also true that it’s added stress and much harder work to maintain and finance such a property. We’ve been in this industry for years and our brokers and lenders understand what it is you need and what’s required to succeed in this asset class. Over the years we’ve carefully cultivated close relationships with some of the best and most experienced lenders on the market. We’re able to talk you all the way through the process, and because we’ve been working with our panel for so long we’re able to get exclusive rates and preferred partnerships which means we can get our clients market beating rates they won’t find anywhere else. ### Apply for a HMO Mortgage Ready to apply for HMO Mortgage? We work with a tried and trusted panel of lenders who are actively lending. The deals that we can recommend to our clients are updated daily, so you have complete peace of mind that you are receiving details of the best possible HMO Mortgage products on the market in real-time. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) ### HMO mortgage calculator To give you a better idea of the costs may be, and what an HMO mortgage may entail, we’ve put together a calculator that you’re able to change around with the interest, amount, term and Loan To Value (LTV). This is intended to be a rough guide and provides typical rates and terms, so if you’re looking for something more specific it’s a good idea to get in touch with one of our brokers directly. ##### WE WILL FUND YOUR PROJECT! ## Book a Call Today Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - Appointments 7 days a week - From 7am till 10pm - No obligation - Terms issued within minutes - Friendly and experienced advisors - Ask all the questions you need! ### We work with specialist HMO lenders If you’re looking to buy or get a mortgage for a large HMO, then it’s important that you work with lenders and providers who understand the market and what it takes to make this successful. As opposed to a traditional residential mortgage, our lenders don’t just look at your personal credit rating. They like to take a look at the property itself, your experience, and the viability of the project. Our panel of lenders are all hugely experienced in this field and with HMO mortgages in general, and we have access to lenders that you wouldn’t normally be able to deal with through traditional methods. We work with, for example, pension funds, foreign investors and foreign banks who have an appetite for this type of exposure in the UK with HMO mortgages. All of our HMO mortgage lenders understand the UK market and judge each application on its own merit. ### Can I get an HMO mortgage if I have bad credit? Yes, you can, although it may mean a slightly longer application process. Of course, each case will be different and will have different requirements, however, your personal credit rating isn’t the be all and end all of any HMO mortgage application. Speak to one of our brokers to run through what type of bad credit you’ve got, whether that be defaults or CCJ’s, and they can talk you through your options. It may be the case that you’re asked for a slightly higher deposit, or perhaps to put some security forward, or it may even be that the property is a fantastic investment, so it won’t matter. The truth is, we won’t know until we speak to you and put you forward to our lenders. **Things to consider** First and foremost, it should be said that a large HMO is more work than other types of property. The maintenance and management can be stressful and expensive at times, although the financial reward is what drives many towards these types of assets. Secondly, these types of bigger HMO mortgages don’t take any longer than normal applications, as long as the legal paperwork and valuation aren’t delayed, of course. Finally, experience is quite key when lenders are considering your application, so if you’re completely new to the market then it may well be worth considering whether it may be easier starting with a smaller project first. ### Who can apply? Realistically, anybody can apply, but again it’s worth mentioning that experience can be a key factor with these types of HMO mortgages.However, individuals, partnerships, Limited companies, and Special Purpose Vehicles can all apply for these types of HMO mortgages. ### Can I apply if I’m overseas? Yes, you can. Expats and overseas applicants can apply for these HMO mortgages, and anybody looking to invest in these types of properties. The application process may be a little lengthier in that you may be asked to prove your income, resident status, etc, however that doesn’t exclude you as a non-resident. ### Speak to our brokers today about large HMO mortgages We’ve got the experience, the team, and the lending panel to make your project a success. The application process is really simple, and our friendly and helpful brokers are there for you every step of the way. If you’re looking for some more information get in touch today. ##### WHAT IS BRIDGING FINANCE? ## Bridging Finance & How does it work? Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ What is bridging finance & how does it work? You may have heard about bridging loans in the context of property investment or moving house, but what exactly are they? Basically, [bridging finance](/fast-bridging-finance/) is a type of short-term loan that allows a buyer to purchase a property before their existing home or investment property is sold. As the name suggests, it ‘bridges’ the funding gap in the lag between purchase and sale – offering rapid access to the necessary purchase funds for a brief period of time. Borrowers can access from £5,000 to £250 million, depending on applicant status, the value of the property and other lender criteria. Higher lending amounts are typically reserved for borrowers who can put up several properties as security. Quotes are provided on a Loan to Value (LTV) of 65%-80% in most situations. What are the typical uses of bridging loans? Bridging loans can be used in a number of situations. For example: 1. When people are moving home in a chain, with a gap between completion dates (e.g. needing to pay for the new property before receiving funds on the completed old property). 2. When property investors or private buyers renovate a home and want a rapid sell-on. 3. When an individual is looking to buy a property at an auction. 4. When property investors and developers are looking to pay a tax bill 5. When buyers want to secure finance against an uninhabitable property. This type of finance can be used by homeowners, landlords and property developers alike. Are bridging loans a good idea? The bridging finance market has grown rapidly, with a number of small and focused lenders now on the market, catering for specialist property finance needs. The market has changed because large high-street lenders have become less willing (and sometimes less able) to lend ever since the financial crisis of 2008. As to whether a bridging loan for property development, auction purchase or private home buying is a good idea, it depends on a variety of factors. Bridging loan requirements vary by lender, but each will have certain common features that need to be considered. The most notable feature of this type of finance is that the interest rate is likely to be high. At the same time, there are typically high administration fees applied to the loan. Because of this, it is essential to proceed very carefully and with a full view of the facts. Borrowers have been burned by this type of loan in the past, in instances where transactions have fallen through, or where lenders have turned out to be unscrupulous and untrustworthy. What are the various pros and cons of bridging finance? Benefits of instant bridging loans 1\. Rapid access to money 2\. Ability to borrow large sums – often up to £250 million depending on applicant status 3\. Options for flexible borrowing. Possible downsides of bridging loans: 1\. Failure to understand the unique features of these loans can result in financial risk 2\. Bridging finance is secured against your property; meaning it can be sold if you can’t meet the repayment terms 3\. A costly option with fees and higher interest What is the interest rate on a bridging loan? Bridging finance interest rates will vary by lender. However, interest costs of 1.5% a month are not unusual, which can equate to an annual percentage rate of 18%. Fixed or variable rate? Bridging loans may have fixed or variable interest rate features. Fixed interest rates are ideal for customers who want stability, as they offer the same amount of interest for the duration of the term. The rate is pre-agreed, but there may be a premium for this security. The other choice is to have a variable rate bridging loan which can change with the base rate. However, you can save money if the base rate decreases. Borrowers who are less concerned about security sometimes prefer the variable rate option if they believe that the financial markets will travel in their favour. Knowledge and market insight is required here, along with a thorough understanding of personal risk tolerance. If interest rates appear to be rising, most customers will choose the fixed interest rate to lock it in and avoid further increases in the event of a base rate rise. Repaying interest on a bridging loan? Bridging loan periods tend to be for several months and there are usually different options for paying the interest portion. Monthly repayments The customer repays the interest every month as a separate payment, rather than adding it to the outstanding balance Rolled-up bridging finance deals The compound interest is calculated monthly but added to the outstanding loan balance and paid together when repayment is due. Retained interest The monthly interest payment due is covered up to a predefined date so that the full sum is only repaid when monies are due. Fees and other costs? As well as interest payments, there will be an arrangement fee for the set-up of the bridging loan, which is usually around 1-2%. A repayment fee for exit paperwork may also apply, along with valuation fees for the cost of the surveyor. How long can you have a bridging loan for? Remember, this type of finance is designed to be short-term. As soon as it extends beyond the agreed interim or bridging period, penalties can rapidly stack up. Typically, bridging finance is available for 1 – 18 months. Are there different types of bridging loan? Yes, there are two broad types: closed bridging finance and open bridging finance. With closed bridging finance you will tell the lender how you will repay the loan – with what funds and when. These loans usually complete within a few months and the clear exit plan is required as a lending condition. Open bridge finance won’t usually need this type of exit plan, and it is typically the loan of choice when funds are needed urgently to complete a property transaction. No detailed plan is needed to explain how the debt will be settled, and the finance tends to be offered for up to a year. Of course, it’s important to note that interest will keep being applied throughout this period. There are also first charge bridging loans and second charge bridging loans. If you have a loan against a property which is already mortgaged, you’d take out a second charge loan. An example of this would be if you were planning to finance a property extension to improve the property. The categorisation tells the lenders who will have legal priority for repayment if the loan was unable to be paid off at the term-end. First charge loans apply if the new loan is the first secured on the property. Can I get a bridging loan? Bridging loan requirements will depend on the lender. Often, lenders will require that: Customers must also take out their property mortgage with them too, providing the bridge finance as an interim measure before the standard mortgage comes into play. Property is put forward as security against the loan. Some lenders expect applicants to have more than one property in order to be eligible for their bridging finance products, but this will depend on the lender and the size of the loan. Applicants show proof of income – although, interestingly, as loan interest isn’t repaid monthly, some lenders do not request this. The applicant shows evidence of their property investment track record if they are planning to develop their purchased property. The applicant can show a business plan if they are using the bridging loan for commercial purposes. What are the alternatives to bridging loans? Development loans are another type of short-term property development loan. They are repaid in stages and calculated on the gross value of the development. Personal loans are another option, as are remortgages when timescales are more flexible and a long-term loan is desirable. Tips for success when applying for instant bridging loans? Use a bridge loan calculator Ask for your lender to provide a tailored bridge finance example or illustration around your particular borrowing needs. Think carefully about the type of bridging loan that you need – whether open bridge finance or closed bridge finance. Know whether the loan is a first or second charge type. Clarify whether the interest rate is fixed or variable. Review products from several lenders. Be clear on your security. Read the small print! Who provides bridging finance? Bridging loans are offered by banks, building societies, specialist lenders and brokers. They aren’t widely advertised and usually require a direct application by the customer to find out the product features and offers. Once you have made an application, a decision will usually be made within 24 hours. The funds then will take around two weeks to be issued, including time for checks to be carried out, the valuation and the actual transfer. Keen to find out more? Hank Zarihs are highly experienced and specialist financial intermediaries operating in the property development market. We work with a tried and tested panel of over 60 trusted lenders and can provide excellent bridging finance with attractive features. Contact us to find out more. ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Your Success, Our Story [ ![Trustpilot](https://www.hankzarihs.com/wp-content/uploads/2024/09/Trustpilot.png "Trustpilot - Bridging and Development Finance Solutions")](https://uk.trustpilot.com/review/hankzarihs.com) [ ![Google r](https://www.hankzarihs.com/wp-content/uploads/2025/04/Google-r-1024x524.png "Google-r - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### 600+ ##### HAPPY CLIENTS #### £1B+ ##### DEALS FUNDED ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! [ Check out our Case Studies ](/case-studies/) ##### AREAS WE COVER ## Areas We Have Helped Clients for Auction Finance Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - [ Birmingham ](/birmingham/) - [ Bournemouth ](/bournemouth/) - [ Brighton ](/brighton/) - [ Bristol ](/bristol/) - [ Cardiff ](/cardiff/) - [ Coventry ](/coventry/) - [ Derby ](/derby/) - [ Edinburgh ](/edinburgh/) - [ Glasgow ](/glasgow/) - [ Leeds ](/leeds/) - [ Leicester ](/leicester/) - [ Liverpool ](/liverpool/) - [ London ](/london/) - [ Manchester ](/manchester/) - [ Middlesbrough ](/middlesbrough/) - [ Newcastle ](/newcastle/) - [ Northampton ](/northampton/) - [ Poole ](/poole/) - [ Portsmouth ](/portsmouth/) - [ Plymouth ](/plymouth/) - [ Reading ](/reading/) - [ Sheffield ](/sheffield/) - [ Southampton ](/southampton/) - [ Stoke ](/stoke/) - [ Wolverhampton ](/wolverhampton/) **Tags:** Transparent Header --- ### [Large Bridging Loans](https://www.hankzarihs.com/large-bridging-loans/) **Published:** April 17, 2025 **Author:** Shiraz Khan **Content:** # Large Bridging Loans . If you’re looking to purchase a property at auction – perhaps to refurbish, or to acquire the land to build upon – then you may need finance to complete the transaction. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### Lending up to 100% NET #### Minimum Term 01 Day #### Rates from 0.65% #### Approval time Minutes #### Towards build up to 100% #### Minimum loan £200k #### Maximum Laon £100M+ #### Valuation OMV #### Table of Contents With the expansion of the property and development sector has come a large scale expansion of the property finance sector too. As more people enter the industry in order to take advantage of the huge benefits of property development and refurbishment the competition for land, resources and finance has increased too. There has also been a noticeable divergence between the more traditional residential mortgage market, which is becoming more risk averse, and the [commercial mortgage](/commercial-mortgage-broker/) and loan market who are expanding and taking on much more business. This is allowing them to offer things like large bridging loans and also to specialise in things like bridging loans and other types of specialised financing. This is allowing these lenders to expand quickly and offer much better rates to our clients. ![Large bridging finance and mortgages for commercial property](https://www.hankzarihs.com/wp-content/uploads/2025/05/large_bridging_finance_and_mortgages_for_commercial-property.jpg "large_bridging_finance_and_mortgages_for_commercial-property - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### What is a large bridging loan Large bridging loans are typically used by property developers that have largescale projects and need quick access to financing and large amounts of capital in order to start, continue or finish a development project. They’re designed to be quick, hassle-free finance loans that are to cover a short-term period. For example, clients will often use a [bridging loan](/bridging-loan-broker/) to cover the period in between buying property or land and selling previous developments and property. This could be a period of a few weeks through to 12 or 18 months. This means higher interest over the period of a year or so, but with lenders taking on higher risk that’s to be expected, as it would be in the retail banking industry rather than in commercial loans. ### How much can I borrow? When it comes to bridging loans and [bridging finance](/) things will depend largely on your circumstances and the project you’re either planning or involved in. Our panel of lenders will want to know some details like the Gross Development Value (GDV), your track record of success and your business plan and exit strategy. [Our team of brokers](/bridging-loan-broker/) have years of experience with bridging loans and what it takes to get accepted so they’re able to help you with this. Typically speaking the minimum would be £250,000 but you can also borrow up to around £250,000,000+ and the rates and conditions of the bridging loan will depend on the length of time you’re looking to take it out over. H.Z.A ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Why choose Hank Zarihs Associates? We know through experience that if our clients are looking at a bridging loan or bridging finance that they need quick access to capital with as little hassle and stress as possible. ### We handle everything The last thing a residential or commercial developer needs when looking for finance is to have to approach each lender separately and potentially have to submit a number of applications which could delay them and cause added stress. ### Strong track record We’ve been in the industry for years and over that time we’ve built relationships with lenders all across the country who specialise not just in bridging loans but other types of bridging finance. Due to our track record of success over the years this allows us to offer our clients the best and most exclusive rates and finance. ### Team of master brokers We’ve put together a team of highly experienced brokers who know the industry inside out and who can give you industry leading advice on your options. Putting together a business plan, an exit strategy and detailed plans can be extraordinarily stressful and time consuming and that’s why our team help you every step of the way to speed things up and put you in the best position possible to get accepted for finance and have the funds available. ### We’ll help you every step of the way We’re here to look after you through every step of the process so you’re able to do what you’re good at, so get in touch with one of our brokers today to talk over your finance requirements. ### Apply for a property development loan Ready to apply for development finance UK? We work with a tried and trusted panel of development lenders who are actively lending. The deals that we can recommend to our clients are updated daily, so you have complete peace of mind that you are receiving details of the best possible development finance products on the market in real-time. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) ### Bridging Loan calculator We’ve added a bridging loan calculator for you so that you can get a good picture of what bridging finance may cost you over certain periods of time depending on the type of property you’re buying. You can either use our pre-set methodology or use the manual finance calculator that allows you to play with, or make larger, the Loan To Value %, the price of the property, the loan term, the rate %, the lender fee % and the exit fee %. ![Tag image](https://www.hankzarihs.com/wp-content/uploads/2025/04/tag-image.svg "tag-image - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### Why use a bridging loan? [ Schedule a Meeting Now ](#book-a-call-today) [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) ### 48 hour bridging loan Bridging loans can often be agreed within 48 hours depending on your circumstances, so are a very quick way of sourcing finance and loans if you require capital at short notice. ### Large bridging finance Bridging finance can be provided in large amounts, and certainly for commercial or residential properties investors often require quite large loans in order to buy property such as a retail estate or landmark building. Bridging loans often mean that investors can source large amounts of finance at short notice whilst arranging a mortgage or longer-term finance. ### Flexible Finance Bridging loans are one of the most flexible finance options available for both commercial and residential property as the interest is extremely competitive, but also because loans can be agreed for either a matter of weeks or up to 18 months or sometimes longer. Furthermore amount of the loans can be agreed between £250,000 and £250,000,000. ### Affordable Loans When you look for bridging loans through a broker you raise your chances of getting the best rates as we’re able to search the market on your behalf and approach our large panel of lenders in order to find exclusive rates on finance. ### Easy Access Finance Often when land hasn’t yet been developed on or improved, or buildings being purchased are derelict or uninhabitable that means that investors can’t source a mortgage until essential works have taken place. Bridging loans can often mean that you can get these vital works done before you agree a mortgage for the long term. ##### WE WILL FUND YOUR PROJECT! ## Book a Call Today Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - Appointments 7 days a week - From 7am till 10pm - No obligation - Terms issued within minutes - Friendly and experienced advisors - Ask all the questions you need! Bridging finance can be ideal if the circumstances are right, however, for those who are new to the industry or the market they can sometimes be complex so we’d urge caution in your approach and to seek advice before applying for this type of finance. For those with experience in property, development and other industries that require bridging loans, they’re ideal for short-term cash shortages or to cover periods of time, for example, before a mortgage is agreed. In many examples our clients approach us for bridging finance when they’re buying residential property whilst waiting for another to complete. Some look for bridging loans to bridge the gap between making a new residential property habitable before agreeing a mortgage. Another example that we often see if when [developers seek to finance](/development-finance/) an auction purchase. This type of residential and commercial property purchase must be completed within 28 days of auction and sometimes the property requires some extra work or the buyer is in the process of waiting for a sale to complete. These are just a small number of examples, and bridging loans can be used for a number of situations so it’s best to get advice from a broker. ## How do I repay the loan? Bridging loans and loans of this type tend to be quite flexible as the developers and investors that tend to take them have hugely varying circumstances. For example, Gross Development Value (GDV), track records and length of the loan may differ hugely, so the terms of repayment will vary accordingly. In terms of interest payments with bridging loans, you have a few options for repaying. Most choose not to service the interest payments on a monthly basis, rather they either have the total interest taken out of the principle sum before it’s transferred or pay it off as a lump sum at the end of the term. Most lenders will want to see your exit strategy of how you intend to pay the loan off at the end of the term, but this is something our brokers are happy to help you put together. ## Rates for large bridge loans In taking a large bridging loan you’re not likely to pay significantly more in interest just because it’s a higher amount, this will depend on your risk profile which is built up with, for example, your track record and credit. A large bridging loan, typically, will have an interest rate of between 0.43% per month and 1.10% per month depending on the Loan To Value % (LTV) of your finance. Lending facilities will vary in this regard. ## Best alternatives to bridging loans Lending facilities vary depending on your circumstances, and bridging loans aren’t always the best solution to your finance needs, which is why we have a large team of experienced brokers to discuss this with you. Other types of finance and loans that could help are, for example, mezzanine loans. These are more complex arrangements where the borrower can’t raise the full high amount required through debt or equity finance alone. In these circumstances they’re often repaid through profits. Alternatively there are types of bridging loans and we also have access to lenders who can provide a mortgage either for residential or commercial properties. The best advice is to speak to a broker who can give you more detailed advice. ### What are Open Market Value (OMV) loans? With bridging loans for commercial and residential market and a mortgage too, the lender will often calculate your rates and repayments based on the Loan To Value % (LTV). This means the amount you want to borrow as a percentage of the value of the property, and this is the price you paid for it. As an example, if you purchase a property for £100,000 and want to borrow £80,000 with bridging loans, most of the time the lender will calculate that as an 80% LTV. With open market value loans, some lenders will calculate it based on the open market value of your property. Let’s say you purchase a property for £80,000 but it’s been valued at £100,000 on the open market, and you want to borrow £40,000. Usually the LTV of that loan will be 50%, affecting your rate, but some lenders will take an open market valuation, meaning the LTV goes from 50% to 40%. ### What assets can I borrow against? In most circumstances for bridging loans the lender will expect you to provide an asset as security. That can usually be a property and will tend to be a commercial or residential property. If you have property that already has a mortgage or finance secured against it, many lenders will be happy to provide a second charge loan if you’ve got a good track record of success and a good business plan behind you, and there are other types of assets you can borrow against, but it will largely depend on your circumstances. ### To learn more speak to our brokers today Our team of experienced and knowledgeable brokers are ready and happy to talk to you about your finance needs. They’ve worked on thousands of projects and bridging loans just like yours, so they know what you’ll need to be accepted and who the best lenders are for you. They’re available to help you every step of the way, and can advise you on what to do to prepare your application and get the funds you need as quickly as possible, so talk to us today. ##### WHAT IS BRIDGING FINANCE? ## Bridging Finance & How does it work? Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ What is bridging finance & how does it work? You may have heard about bridging loans in the context of property investment or moving house, but what exactly are they? Basically, [bridging finance](/fast-bridging-finance/) is a type of short-term loan that allows a buyer to purchase a property before their existing home or investment property is sold. As the name suggests, it ‘bridges’ the funding gap in the lag between purchase and sale – offering rapid access to the necessary purchase funds for a brief period of time. Borrowers can access from £5,000 to £250 million, depending on applicant status, the value of the property and other lender criteria. Higher lending amounts are typically reserved for borrowers who can put up several properties as security. Quotes are provided on a Loan to Value (LTV) of 65%-80% in most situations. What are the typical uses of bridging loans? Bridging loans can be used in a number of situations. For example: 1. When people are moving home in a chain, with a gap between completion dates (e.g. needing to pay for the new property before receiving funds on the completed old property). 2. When property investors or private buyers renovate a home and want a rapid sell-on. 3. When an individual is looking to buy a property at an auction. 4. When property investors and developers are looking to pay a tax bill 5. When buyers want to secure finance against an uninhabitable property. This type of finance can be used by homeowners, landlords and property developers alike. Are bridging loans a good idea? The bridging finance market has grown rapidly, with a number of small and focused lenders now on the market, catering for specialist property finance needs. The market has changed because large high-street lenders have become less willing (and sometimes less able) to lend ever since the financial crisis of 2008. As to whether a bridging loan for property development, auction purchase or private home buying is a good idea, it depends on a variety of factors. Bridging loan requirements vary by lender, but each will have certain common features that need to be considered. The most notable feature of this type of finance is that the interest rate is likely to be high. At the same time, there are typically high administration fees applied to the loan. Because of this, it is essential to proceed very carefully and with a full view of the facts. Borrowers have been burned by this type of loan in the past, in instances where transactions have fallen through, or where lenders have turned out to be unscrupulous and untrustworthy. What are the various pros and cons of bridging finance? Benefits of instant bridging loans 1\. Rapid access to money 2\. Ability to borrow large sums – often up to £250 million depending on applicant status 3\. Options for flexible borrowing. Possible downsides of bridging loans: 1\. Failure to understand the unique features of these loans can result in financial risk 2\. Bridging finance is secured against your property; meaning it can be sold if you can’t meet the repayment terms 3\. A costly option with fees and higher interest What is the interest rate on a bridging loan? Bridging finance interest rates will vary by lender. However, interest costs of 1.5% a month are not unusual, which can equate to an annual percentage rate of 18%. Fixed or variable rate? Bridging loans may have fixed or variable interest rate features. Fixed interest rates are ideal for customers who want stability, as they offer the same amount of interest for the duration of the term. The rate is pre-agreed, but there may be a premium for this security. The other choice is to have a variable rate bridging loan which can change with the base rate. However, you can save money if the base rate decreases. Borrowers who are less concerned about security sometimes prefer the variable rate option if they believe that the financial markets will travel in their favour. Knowledge and market insight is required here, along with a thorough understanding of personal risk tolerance. If interest rates appear to be rising, most customers will choose the fixed interest rate to lock it in and avoid further increases in the event of a base rate rise. Repaying interest on a bridging loan? Bridging loan periods tend to be for several months and there are usually different options for paying the interest portion. Monthly repayments The customer repays the interest every month as a separate payment, rather than adding it to the outstanding balance Rolled-up bridging finance deals The compound interest is calculated monthly but added to the outstanding loan balance and paid together when repayment is due. Retained interest The monthly interest payment due is covered up to a predefined date so that the full sum is only repaid when monies are due. Fees and other costs? As well as interest payments, there will be an arrangement fee for the set-up of the bridging loan, which is usually around 1-2%. A repayment fee for exit paperwork may also apply, along with valuation fees for the cost of the surveyor. How long can you have a bridging loan for? Remember, this type of finance is designed to be short-term. As soon as it extends beyond the agreed interim or bridging period, penalties can rapidly stack up. Typically, bridging finance is available for 1 – 18 months. Are there different types of bridging loan? Yes, there are two broad types: closed bridging finance and open bridging finance. With closed bridging finance you will tell the lender how you will repay the loan – with what funds and when. These loans usually complete within a few months and the clear exit plan is required as a lending condition. Open bridge finance won’t usually need this type of exit plan, and it is typically the loan of choice when funds are needed urgently to complete a property transaction. No detailed plan is needed to explain how the debt will be settled, and the finance tends to be offered for up to a year. Of course, it’s important to note that interest will keep being applied throughout this period. There are also first charge bridging loans and second charge bridging loans. If you have a loan against a property which is already mortgaged, you’d take out a second charge loan. An example of this would be if you were planning to finance a property extension to improve the property. The categorisation tells the lenders who will have legal priority for repayment if the loan was unable to be paid off at the term-end. First charge loans apply if the new loan is the first secured on the property. Can I get a bridging loan? Bridging loan requirements will depend on the lender. Often, lenders will require that: Customers must also take out their property mortgage with them too, providing the bridge finance as an interim measure before the standard mortgage comes into play. Property is put forward as security against the loan. Some lenders expect applicants to have more than one property in order to be eligible for their bridging finance products, but this will depend on the lender and the size of the loan. Applicants show proof of income – although, interestingly, as loan interest isn’t repaid monthly, some lenders do not request this. The applicant shows evidence of their property investment track record if they are planning to develop their purchased property. The applicant can show a business plan if they are using the bridging loan for commercial purposes. What are the alternatives to bridging loans? Development loans are another type of short-term property development loan. They are repaid in stages and calculated on the gross value of the development. Personal loans are another option, as are remortgages when timescales are more flexible and a long-term loan is desirable. Tips for success when applying for instant bridging loans? Use a bridge loan calculator Ask for your lender to provide a tailored bridge finance example or illustration around your particular borrowing needs. Think carefully about the type of bridging loan that you need – whether open bridge finance or closed bridge finance. Know whether the loan is a first or second charge type. Clarify whether the interest rate is fixed or variable. Review products from several lenders. Be clear on your security. Read the small print! Who provides bridging finance? Bridging loans are offered by banks, building societies, specialist lenders and brokers. They aren’t widely advertised and usually require a direct application by the customer to find out the product features and offers. Once you have made an application, a decision will usually be made within 24 hours. The funds then will take around two weeks to be issued, including time for checks to be carried out, the valuation and the actual transfer. Keen to find out more? Hank Zarihs are highly experienced and specialist financial intermediaries operating in the property development market. We work with a tried and tested panel of over 60 trusted lenders and can provide excellent bridging finance with attractive features. Contact us to find out more. ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Your Success, Our Story [ ![Trustpilot](https://www.hankzarihs.com/wp-content/uploads/2024/09/Trustpilot.png "Trustpilot - Bridging and Development Finance Solutions")](https://uk.trustpilot.com/review/hankzarihs.com) [ ![Google r](https://www.hankzarihs.com/wp-content/uploads/2025/04/Google-r-1024x524.png "Google-r - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### 600+ ##### HAPPY CLIENTS #### £1B+ ##### DEALS FUNDED ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! [ Check out our Case Studies ](/case-studies/) ##### AREAS WE COVER ## Areas We Have Helped Clients for Auction Finance Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - [ Birmingham ](/birmingham/) - [ Bournemouth ](/bournemouth/) - [ Brighton ](/brighton/) - [ Bristol ](/bristol/) - [ Cardiff ](/cardiff/) - [ Coventry ](/coventry/) - [ Derby ](/derby/) - [ Edinburgh ](/edinburgh/) - [ Glasgow ](/glasgow/) - [ Leeds ](/leeds/) - [ Leicester ](/leicester/) - [ Liverpool ](/liverpool/) - [ London ](/london/) - [ Manchester ](/manchester/) - [ Middlesbrough ](/middlesbrough/) - [ Newcastle ](/newcastle/) - [ Northampton ](/northampton/) - [ Poole ](/poole/) - [ Portsmouth ](/portsmouth/) - [ Plymouth ](/plymouth/) - [ Reading ](/reading/) - [ Sheffield ](/sheffield/) - [ Southampton ](/southampton/) - [ Stoke ](/stoke/) - [ Wolverhampton ](/wolverhampton/) **Tags:** Transparent Header --- ### [Joint venture finance](https://www.hankzarihs.com/joint-venture-property-finance/) **Published:** April 17, 2025 **Author:** Shiraz Khan **Content:** # Joint Venture Finance . If you’re looking to purchase a property at auction – perhaps to refurbish, or to acquire the land to build upon – then you may need finance to complete the transaction. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### Lending up to 75% #### Minimum Term 36 Months #### Rates from 0.50% #### Interest from Rolled #### Loan to cast (LTC) Up to 90% #### Minimum loan £1M #### Maximum Laon £50M #### Valuation OMV #### Table of Contents In recent years property has been booming and, as such, the popularity of joint venture finance, property development and refurbishment has followed suit and is becoming increasingly popular across the country. Of course, with the expensive nature of developing properties either from scratch or developing existing property comes higher demand for finance and different types of finance to meet the complex needs of the market. Property finance isn’t simple when it comes to property development and so the necessity to offer more tailored solutions has become more acute as demand has increased. One of these options is joint ventures. Here we’ll run you through what you need to know before making a quick enquiry. ## What is joint property development finance? Joint venture finance is a form of finance where an investor or partner agrees to fund 100% of your property venture for a share of the profits. ![Joint venture development finance](https://www.hankzarihs.com/wp-content/uploads/2025/05/joint-venture-development-finance.jpg "joint-venture-development-finance - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") This means that you’re able to concentrate on what you do best – developing properties – rather than worrying about finance arrangements. Typically this type of finance is found through an intermediary where a company or individual agrees to provide 100% of the up-front costs, including the cost of acquiring the land through to build and material costs. This usually means that this type of finance is only really suitable for experienced developers who have a good track record of delivering projects and developments, due to the nature of the finance offered. There is usually interest charged on the money used, and charged against the drawn sum each month. This type of finance is extremely attractive to developers who are looking to get their project off the ground with little capital available at the time. Joint ventures often give our clients access to the funds to purchase land and get things moving quickly and the financial incentive for investors to take a share of the profits is high. H.Z.A ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Why choose Hank Zarihs Associates? We understand what property developers and builders need when they’re looking to finance their projects. ### Un matched Knowledge We’ve helped hundreds and funded millions of pounds worth of finance for our clients over the years and this has allowed us to build up a knowledge and experience that’s unrivalled across the finance industry. ### Unbeatable Rates Similarly, our panel of financial associates know that we’ll work with you to make your application as good as it can be and this means that we can arrange special rates and finance agreements for you that are exclusive to our clients. ### Exclusive Panel It’s allowed us to build a truly unique and impressive panel of development finance lenders that we have excellent relationships with. We know what they want from you in order to approve your applications and they know we’ll only submit applications with a good chance of success. ### Fast Funding We also know that when it comes to property finance our clients need funds quickly, so we ensure that we put you in a place to ensure the quickest possible acceptance. As a truly experienced intermediary we’ll ensure you get the right finance for you. A quick enquiry through our team of expert brokers is the best place to start. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) ![Tag image](https://www.hankzarihs.com/wp-content/uploads/2025/04/tag-image.svg "tag-image - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### Benefits of Joint Ventures . See which type of loan might be best for your needs: [ Schedule a Meeting Now ](#book-a-call-today) [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) ### Early Stage Finance This type of finance is ideal for people looking for development finance that are in the early stages of planning and have spotted an ideal opportunity for their project but don’t necessarily have access to the funds but may want to move quickly. ### Lower Risk Apply for commercial development This also means a lower risk profile for you when looking at JV finance. Rather than fully funding the project yourself you’re sharing the risk with a partner or investor in a joint venture. ### Experience Due to the fact that many of the investors we have access to have experience in this type of finance, and development finance more generally, from previous projects, it often means that their advice and input can be invaluable having seen many projects to completion previously. ### Large Sum Available With many of our JV, or joint venture, lenders there is often a minimum funding amount of about £500k. This means that they’re often looking for joint ventures that are larger projects and, as such, this means you have access to substantial financial reserves. ### Felxible Rates As JV finance is judged on a case by case basis, this means that the rates and fees that are agreed are flexible depending on the scale, value and timescale of your project as well as your previous experience. ##### WE WILL FUND YOUR PROJECT! ## Book a Call Today Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - Appointments 7 days a week - From 7am till 10pm - No obligation - Terms issued within minutes - Friendly and experienced advisors - Ask all the questions you need! ### What is joint venture finance used for? Typically ‘JV’, joint venture, or venture property development finance is for developers and builders who don’t have enough capital to get their project off the ground and so look for a partner or investor willing to put up the cash to get things moving. In most cases investors and finance companies prefer experienced developers who can evidence a track record of success, however, high quality proposals will always be considered regardless of experience if you have a high quality team behind you. If you’ve unearthed a solid and profitable opportunity then there will always be somebody willing and able to help you out with the capital and finance to get things moving. ## Criteria for Joint Venture (JV) lending When considering your financial needs, JV lending is much more flexible with its lending criteria due to the fact that it’s a joint venture and these are often considered in individual merit. In terms of the broad expectations of joint venture lenders, they’ll often want you to have detailed planning permission already in place for your development site. They’ll often consider multi-unit developments, residential new builds or conversions but will expect you to either be experienced in this type of development or have an experienced team around you. The Gross Development Value (GDV) will often need to be in the region of between £1 million to £15 million, but a quick enquiry through our team of experts will allow you to gain more detail. ## How does it work? As with any type of finance, and especially with joint ventures (JV), we’d advise you to speak to one of our specialists who can speak to you and get a feel for your project and what you’re looking for. Each different development will mean different finance needs and so we’ll need to take a look at your project in order to match you with the most suitable lenders and investors. Once we’ve got you ready we’ll match you up and approval can be as quick as 24 hours with funds being released shortly after. ## Do I qualify for a loan? As with the finance criteria we’ve outlined above, your enquiry will be different to other development finance requests. If you meet the criteria above then there’s a good chance you and your project will qualify. ##### What is a Joint Venture (JV) agreement used for? ## Frequently Asked Questions Development finance Here we’ll answer some of your property development finance questions so that your application is in the best shape it can be. What is a Joint Venture (JV) agreement used for? Joint venture (jv) agreements are essentially the written agreement between yourself and the third party fronting the money. It spells out who will do what and what profits you share. The development finance needs a formal written agreement. How do I start a joint venture? In order to start an application you’ll need to speak to one of our specialists who can give you specific advice about your project, what funding you could receive and what a profit share could look like. Are joint ventures always 50/50? Not necessarily. But again this will depend on your project, when it’s going to be built, what the value is and what funding you could get. Venture property development finance is ultimately decided on individual merit, so if you have money to put up front then this can be looked it in more detail ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Your Success, Our Story [ ![Trustpilot](https://www.hankzarihs.com/wp-content/uploads/2024/09/Trustpilot.png "Trustpilot - Bridging and Development Finance Solutions")](https://uk.trustpilot.com/review/hankzarihs.com) [ ![Google r](https://www.hankzarihs.com/wp-content/uploads/2025/04/Google-r-1024x524.png "Google-r - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### 600+ ##### HAPPY CLIENTS #### £1B+ ##### DEALS FUNDED ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! [ Check out our Case Studies ](/case-studies/) ##### AREAS WE COVER ## Areas We Have Helped Clients for Auction Finance Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - [ Birmingham ](/birmingham/) - [ Bournemouth ](/bournemouth/) - [ Brighton ](/brighton/) - [ Bristol ](/bristol/) - [ Cardiff ](/cardiff/) - [ Coventry ](/coventry/) - [ Derby ](/derby/) - [ Edinburgh ](/edinburgh/) - [ Glasgow ](/glasgow/) - [ Leeds ](/leeds/) - [ Leicester ](/leicester/) - [ Liverpool ](/liverpool/) - [ London ](/london/) - [ Manchester ](/manchester/) - [ Middlesbrough ](/middlesbrough/) - [ Newcastle ](/newcastle/) - [ Northampton ](/northampton/) - [ Poole ](/poole/) - [ Portsmouth ](/portsmouth/) - [ Plymouth ](/plymouth/) - [ Reading ](/reading/) - [ Sheffield ](/sheffield/) - [ Southampton ](/southampton/) - [ Stoke ](/stoke/) - [ Wolverhampton ](/wolverhampton/) **Tags:** Transparent Header --- ### [Hotel Finance – Hankzarihs](https://www.hankzarihs.com/hotel-finance/) **Published:** May 22, 2025 **Author:** Shiraz Khan **Content:** # Hotel Finance – Hankzarihs . If you’re looking to purchase a property at auction – perhaps to refurbish, or to acquire the land to build upon – then you may need finance to complete the transaction. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### Lending up to 75% #### Minimum Term 1 Year #### Rates from 5% #### Interest Charged Daily #### Max Term 25 Years #### Minimum loan £250k #### Maximum Laon £100M+ #### Valuation OMV #### Table of Contents After a tough few years in the industry it’s fair to say that UK travel, tourism and hospitality is having something of a bumper season thanks to the release of pent-up demand following the restrictions of 2020. That means that there are many who are now looking to get into, or expand, hotel finance in order to develop a hotel for the new UK focused travel and hospitality industry. Experiencing something of a rebound, many who are in [property development](/development-finance/) are now turning their attention to the potential profit in converting or developing a UK hotel ready for this huge rise in demand. Added to that, the UK’s successful vaccine programme has made it one of the safest places to visit a hotel in the world, so there are many looking to holiday in the UK from abroad too. The government will also likely be pumping money into the economy around this time and encouraging people to travel domestically rather than abroad, so the likelihood is that people going on holiday in the UK will soar in numbers, and the demand will follow with them. This is why our large panel of lenders have expanded their products and services, with some specifically targeting this industry, in order to bring on board more hotel financing. Most across the UK are now confident that investing into hotels and the UK tourism industry is a good bet and this will continue to be the case for some years whilst the world slowly returns to some form of normality, which is likely to take some time for international travel as governments ensure safety. That has meant a huge boom in demand for [hotel finance](/hotel-finance/) and hotel financing. Lenders have subsequently increased and expanded their finance products to accommodate this increase. ![Hotel businesss finance and mortgage available for UK companies](https://www.hankzarihs.com/wp-content/uploads/2025/05/hotel_businesss_finance_and_mortgage_available_for_UK_companies-1024x683.jpg "hotel_businesss_finance_and_mortgage_available_for_UK_companies - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ## What is hotel development finance? It does what it says on the tin, essentially. Hotel finance is a specialised type of development finance and a type of mortgage that has been created to help investors who want to purchase a property with the view of turning it into a hotel. It works similarly to a commercial mortgage in that the criteria for lending and being approved isn’t enormously different than a commercial mortgage. The rates are broadly the same too, however, it’s easier to obtain large sums of money with great rates when you have a good track record of these types of developments. ## How to finance a hotel purchase? First and foremost, the type of property you’re looking to purchase will be key. Have you done your research? The location, type of property, cost of development and time scales are going to be important. Are there competitors in the area? And if there are, are they doing well or are they struggling? If you have experience in hotels and hospitality already that will count as a huge advantage when looking to get funding for your hotel project. Once you’ve found the building you’re looking to develop, you’ll need to start putting together a business plan that can articulate how you intend to start and complete the project, how much money you’re going to make and, importantly, how you intend to repay any funding that you received. Once you’ve established all this, you can then start to approach brokers and intermediaries who will take a look at your financing requirements and tell you if you might need to do a bit more work on your application or whether it’s good to go, before eventually getting an agreement in principle and getting the financial details sorted. H.Z.A ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Choose us as your hotel finance workers Hank Zarihs Associates are specialist and highly-experienced intermediaries in the development finance and investment funding industry. We work with a tried and tested panel of specialist funders with an excellent track record in the market, who can offer high leverage and gearing. ### Finance specialists We specialise in all types of business finance and have years of experience with property finance and funding. We know what it takes to get your project funded and what level of detail you’re likely to need to get accepted. ### Relationship-building We’re also proud to work with most of our clients on a repeat business basis – by proving the value of our service at every turn and by building long-term relationships with our developer clients. Whatever your level of experience, size of project or development loan need, you can be guaranteed of a superb experience with the team of friendly and helpful experts at Hank Zarihs Associates. ### Adding value We’ve worked on millions of pounds worth of projects before and funded millions in hotel finance for our clients. We also have a team of brokers who truly understand the industry and have great relationships with our clients and our panel of lenders. ### Your very own financing team The process of sourcing funding for hotels can be extremely stressful due to its niche nature, but we have your back and our team are ready and waiting to talk you through what you’ll need to sort your financial needs as quickly as possible which will allow you to get back to what you’re good at – running your business. ### Apply for hotel financing Ready to apply for hotel financing? We work with a tried and trusted panel of lenders who are actively lending. The deals that we can recommend to our clients are updated daily, so you have complete peace of mind that you are receiving details of the best possible finance products on the market in real-time. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) ## Hotel Mortgage calculator We’ve put together a really handy [commercial finance calculator](/commercial-mortgage-calculator/) that you can apply to hotel finance, and will give you an excellent idea of what kind of cost you’ll be looking at, and what you’ll pay back. All you’ll need to do is fill out a few details and the calculator will come up with a rough overview of what you can expect. ![Tag image](https://www.hankzarihs.com/wp-content/uploads/2025/04/tag-image.svg "tag-image - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### What to consider Remember, developing a hotel and getting into the hotel business, regardless of the financial arrangements, is a very complex process and it’s advisable to seek some advice first. Here are a few things you’ll need to consider if you’re going to take a look at developing a hotel. [ Schedule a Meeting Now ](#book-a-call-today) [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) ### Business Experience Finance How much experience do you have in either property development or hotels in general? This is something that lenders are going to want to know and it will have an influence on how likely you are to be approved. A lack of experience can make you a higher risk for a lender, so it might be worth considering getting a team around you with good experience to help you. ### Deposit Most lenders will want to see a deposit for your loan or mortgage. It’s certainly possible to get a commercial mortgage without one, but understandably this makes you a much higher risk and will mean a higher interest rate. Most will look for a deposit between 15% and 30% to show that you’re willing to put your own money behind the project too. ### Business History A lender is likely to ask you for some kind of proof of your business history if you’re looking to lend money via a business, or if you’re looking to buy a ready-made business and develop it. A lender is likely to ask you to provide at least 2 years of account history and also some income projections for your development too. They’ll want to know how successful you’ve been in the past and how successful you expect to be in the future. ### Security Loans A lender will want some level of security from you for your mortgage and loan. Most will be happy to take the property as security, but some may ask for extra security if your credit rating is poor or you’re inexperienced. Depending on the amount of the loan you’re looking to take they could accept, for example, a second charge on your mortgage as extra security. ### The right Finance Remember, as a broker and an intermediary, we search the entire market to get you the best rates and deals. Don’t simply approach the first lender you find and accept their terms; ensure you’re shopping around first as there may be a more suitable lender out there for you rather than the first one that accepts you. Speak to a broker to get some advice before accepting a proposal. ##### WE WILL FUND YOUR PROJECT! ## Book a Call Today Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - Appointments 7 days a week - From 7am till 10pm - No obligation - Terms issued within minutes - Friendly and experienced advisors - Ask all the questions you need! ## Hotel mortgage rates Hotel mortgage rates are similar to other commercial mortgages in that the interest rate and costs are likely to be dictated by the length of term that you take the lending for, and also how much deposit you provide which will translate into your Loan To Value (LTV) which is how much of the price of the property the lender is giving you in a loan. Each provider will differ slightly, but typically you can expect to pay anywhere between 0.43% for a 45% LTV, and 1.10% for an 85% LTV. Our advice would be to speak to one of our brokers about this and they can give you some more information about what sort of rates we might be able to negotiate for you. ## Can I get financing? Broadly speaking yes, you can. We have a large panel of lenders and this means that we can help you find the right finance for your situation. As we’ve said above, this will depend on a few different factors. Firstly, the lender will look at what your business history is like and whether you can demonstrate a track record of success. Secondly, they’ll want to know if you have a deposit and if you have, how much. They’ll also want to know what your credit history is like, and whether your business has a good record and how it’s performed over recent years, and how it’s likely to perform in the near future. We’d recommend, however, speaking to a broker about this who can go over things in more detail with you. ## Speak to one of our brokers today Our team have spent years in our industry, and they know all of these details inside out. We give you as much detail as you need here in order to get a good idea of what a hotel mortgage or finance would look like and what you’d need, but ultimately our team are the ones who can get into the finer detail with you about your needs. Business and commercial lending can often be quite complex and difficult to navigate, and so our team will take the time to speak to you and get to know you and your project so that they can give you the best possible chance of being approved and funding your property development. They also work with a large panel of lenders, so when it comes to arranging finance they know better than most that shopping around will always get you the best rates and the best deals, so as an intermediary they’re then able to give you a proper list of options to choose from so that you understand all the possible avenues to fund your business. Because we’ve also worked with these lenders over a number of years they also know that we’ll only put forward applications for credit that we know have a good chance of success and we’re able to get agreements in principle very quickly, and certainly quicker than you’d be able to by approaching lenders directly yourself. We’ve also negotiated exclusive deals and rates with our panel that means that when you go through one of our brokers you can be assured, you’ll be getting exclusive rates that you won’t get anywhere else. Finally, our brokers are able to give you piece of mind by really getting into detail with you and explaining the process from start to finish. They know it can be stressful and time consuming so they’re at hand to take away that part of the process for you and allow you to get on with what you’re good at, which is running your business. ##### WHAT IS BRIDGING FINANCE? ## Bridging Finance & How does it work? Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ What is bridging finance & how does it work? You may have heard about bridging loans in the context of property investment or moving house, but what exactly are they? Basically, [bridging finance](/fast-bridging-finance/) is a type of short-term loan that allows a buyer to purchase a property before their existing home or investment property is sold. As the name suggests, it ‘bridges’ the funding gap in the lag between purchase and sale – offering rapid access to the necessary purchase funds for a brief period of time. Borrowers can access from £5,000 to £250 million, depending on applicant status, the value of the property and other lender criteria. Higher lending amounts are typically reserved for borrowers who can put up several properties as security. Quotes are provided on a Loan to Value (LTV) of 65%-80% in most situations. What are the typical uses of bridging loans? Bridging loans can be used in a number of situations. For example: 1. When people are moving home in a chain, with a gap between completion dates (e.g. needing to pay for the new property before receiving funds on the completed old property). 2. When property investors or private buyers renovate a home and want a rapid sell-on. 3. When an individual is looking to buy a property at an auction. 4. When property investors and developers are looking to pay a tax bill 5. When buyers want to secure finance against an uninhabitable property. This type of finance can be used by homeowners, landlords and property developers alike. Are bridging loans a good idea? The bridging finance market has grown rapidly, with a number of small and focused lenders now on the market, catering for specialist property finance needs. The market has changed because large high-street lenders have become less willing (and sometimes less able) to lend ever since the financial crisis of 2008. As to whether a bridging loan for property development, auction purchase or private home buying is a good idea, it depends on a variety of factors. Bridging loan requirements vary by lender, but each will have certain common features that need to be considered. The most notable feature of this type of finance is that the interest rate is likely to be high. At the same time, there are typically high administration fees applied to the loan. Because of this, it is essential to proceed very carefully and with a full view of the facts. Borrowers have been burned by this type of loan in the past, in instances where transactions have fallen through, or where lenders have turned out to be unscrupulous and untrustworthy. What are the various pros and cons of bridging finance? Benefits of instant bridging loans 1\. Rapid access to money 2\. Ability to borrow large sums – often up to £250 million depending on applicant status 3\. Options for flexible borrowing. Possible downsides of bridging loans: 1\. Failure to understand the unique features of these loans can result in financial risk 2\. Bridging finance is secured against your property; meaning it can be sold if you can’t meet the repayment terms 3\. A costly option with fees and higher interest What is the interest rate on a bridging loan? Bridging finance interest rates will vary by lender. However, interest costs of 1.5% a month are not unusual, which can equate to an annual percentage rate of 18%. Fixed or variable rate? Bridging loans may have fixed or variable interest rate features. Fixed interest rates are ideal for customers who want stability, as they offer the same amount of interest for the duration of the term. The rate is pre-agreed, but there may be a premium for this security. The other choice is to have a variable rate bridging loan which can change with the base rate. However, you can save money if the base rate decreases. Borrowers who are less concerned about security sometimes prefer the variable rate option if they believe that the financial markets will travel in their favour. Knowledge and market insight is required here, along with a thorough understanding of personal risk tolerance. If interest rates appear to be rising, most customers will choose the fixed interest rate to lock it in and avoid further increases in the event of a base rate rise. Repaying interest on a bridging loan? Bridging loan periods tend to be for several months and there are usually different options for paying the interest portion. Monthly repayments The customer repays the interest every month as a separate payment, rather than adding it to the outstanding balance Rolled-up bridging finance deals The compound interest is calculated monthly but added to the outstanding loan balance and paid together when repayment is due. Retained interest The monthly interest payment due is covered up to a predefined date so that the full sum is only repaid when monies are due. Fees and other costs? As well as interest payments, there will be an arrangement fee for the set-up of the bridging loan, which is usually around 1-2%. A repayment fee for exit paperwork may also apply, along with valuation fees for the cost of the surveyor. How long can you have a bridging loan for? Remember, this type of finance is designed to be short-term. As soon as it extends beyond the agreed interim or bridging period, penalties can rapidly stack up. Typically, bridging finance is available for 1 – 18 months. Are there different types of bridging loan? Yes, there are two broad types: closed bridging finance and open bridging finance. With closed bridging finance you will tell the lender how you will repay the loan – with what funds and when. These loans usually complete within a few months and the clear exit plan is required as a lending condition. Open bridge finance won’t usually need this type of exit plan, and it is typically the loan of choice when funds are needed urgently to complete a property transaction. No detailed plan is needed to explain how the debt will be settled, and the finance tends to be offered for up to a year. Of course, it’s important to note that interest will keep being applied throughout this period. There are also first charge bridging loans and second charge bridging loans. If you have a loan against a property which is already mortgaged, you’d take out a second charge loan. An example of this would be if you were planning to finance a property extension to improve the property. The categorisation tells the lenders who will have legal priority for repayment if the loan was unable to be paid off at the term-end. First charge loans apply if the new loan is the first secured on the property. Can I get a bridging loan? Bridging loan requirements will depend on the lender. Often, lenders will require that: Customers must also take out their property mortgage with them too, providing the bridge finance as an interim measure before the standard mortgage comes into play. Property is put forward as security against the loan. Some lenders expect applicants to have more than one property in order to be eligible for their bridging finance products, but this will depend on the lender and the size of the loan. Applicants show proof of income – although, interestingly, as loan interest isn’t repaid monthly, some lenders do not request this. The applicant shows evidence of their property investment track record if they are planning to develop their purchased property. The applicant can show a business plan if they are using the bridging loan for commercial purposes. What are the alternatives to bridging loans? Development loans are another type of short-term property development loan. They are repaid in stages and calculated on the gross value of the development. Personal loans are another option, as are remortgages when timescales are more flexible and a long-term loan is desirable. Tips for success when applying for instant bridging loans? Use a bridge loan calculator Ask for your lender to provide a tailored bridge finance example or illustration around your particular borrowing needs. Think carefully about the type of bridging loan that you need – whether open bridge finance or closed bridge finance. Know whether the loan is a first or second charge type. Clarify whether the interest rate is fixed or variable. Review products from several lenders. Be clear on your security. Read the small print! Who provides bridging finance? Bridging loans are offered by banks, building societies, specialist lenders and brokers. They aren’t widely advertised and usually require a direct application by the customer to find out the product features and offers. Once you have made an application, a decision will usually be made within 24 hours. The funds then will take around two weeks to be issued, including time for checks to be carried out, the valuation and the actual transfer. Keen to find out more? Hank Zarihs are highly experienced and specialist financial intermediaries operating in the property development market. We work with a tried and tested panel of over 60 trusted lenders and can provide excellent bridging finance with attractive features. Contact us to find out more. ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Your Success, Our Story [ ![Trustpilot](https://www.hankzarihs.com/wp-content/uploads/2024/09/Trustpilot.png "Trustpilot - Bridging and Development Finance Solutions")](https://uk.trustpilot.com/review/hankzarihs.com) [ ![Google r](https://www.hankzarihs.com/wp-content/uploads/2025/04/Google-r-1024x524.png "Google-r - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### 600+ ##### HAPPY CLIENTS #### £1B+ ##### DEALS FUNDED ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! [ Check out our Case Studies ](/case-studies/) ##### AREAS WE COVER ## Areas We Have Helped Clients for Auction Finance Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - [ Birmingham ](/birmingham/) - [ Bournemouth ](/bournemouth/) - [ Brighton ](/brighton/) - [ Bristol ](/bristol/) - [ Cardiff ](/cardiff/) - [ Coventry ](/coventry/) - [ Derby ](/derby/) - [ Edinburgh ](/edinburgh/) - [ Glasgow ](/glasgow/) - [ Leeds ](/leeds/) - [ Leicester ](/leicester/) - [ Liverpool ](/liverpool/) - [ London ](/london/) - [ Manchester ](/manchester/) - [ Middlesbrough ](/middlesbrough/) - [ Newcastle ](/newcastle/) - [ Northampton ](/northampton/) - [ Poole ](/poole/) - [ Portsmouth ](/portsmouth/) - [ Plymouth ](/plymouth/) - [ Reading ](/reading/) - [ Sheffield ](/sheffield/) - [ Southampton ](/southampton/) - [ Stoke ](/stoke/) - [ Wolverhampton ](/wolverhampton/) **Tags:** Transparent Header --- ### [HMO Mortgages – Hankzarihs](https://www.hankzarihs.com/hmo-mortgages/) **Published:** April 17, 2025 **Author:** Shiraz Khan **Content:** # HMO Mortgages – Hankzarihs . If you’re looking to purchase a property at auction – perhaps to refurbish, or to acquire the land to build upon – then you may need finance to complete the transaction. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### Lending up to 75% #### Minimum Term 1 Year #### Rates from 5% #### Interest Charged Daily #### Max Term 25 Years #### Minimum loan £250k #### Maximum Laon £100M+ #### Valuation OMV #### Table of Contents HMO investments, or multi-let properties, are highly popular with investors because they offer a potentially greater return than single-occupancy BTLs. One of the keys to success lies in finding the right HMO mortgage for your needs; one with the right features and the most competitive costs; something which Hank Zarihs Associates has years of expertise in delivering as specialist [HMO mortgages brokers](/hmo-mortgages/). ## What is an HMO? HMO stands for Habitats in Multiple Occupation, and these properties can range from student houses to multi-occupancy apartment blocks. The property in question is classed as an HMO if three or more tenants live there (in more than a single household) and if the bathroom, toilet or kitchen is shared with other tenants. Large HMOs are defined by the government as having at least five tenants (again, forming more than a single household), who also share those same facilities with their co-tenants. HMOs are attractive to landlords because individual tenants each pay rent – maximising returns on the property and offering a potentially higher yield than a single occupancy property. **HMO mortgages** can be taken out by individuals and limited companies alike. ![Hmo buy to let property in the uk](https://www.hankzarihs.com/wp-content/uploads/2025/05/hmo_buy_to_let_property_in_the_uk.jpg "hmo_buy_to_let_property_in_the_uk - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") H.Z.A ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Why choose Hank Zarihs Associates? Hank Zarihs Associates are specialist and highly-experienced intermediaries in the development finance and investment funding industry. We work with a tried and tested panel of specialist funders with an excellent track record in the market, who can offer high leverage and gearing. ### An excellent track record With our knowledge and experience, we are able to present lending cases to our panel in a format which is most likely to increase your chances of being offered attractive HMO finance. By following a comprehensive due diligence process with each client we make it possible to find the right [development loan in the UK](/development-finance/), quickly and efficiently – from the right **lenders**. ### Relationship-building We’re also proud to work with most of our clients on a repeat business basis – by proving the value of our service at every turn and by building long-term relationships with our clients. Whatever your level of experience, size of project or property loan need, you can be guaranteed of a superb experience with the team of friendly and helpful experts at Hank Zarihs Associates. ### Adding value What’s more, we are able to add value at every step of the process, with in-depth knowledge and guidance, designed to help our clients match up with the right lender, for the ideal loan. We recognise that some loans are usually large and complex, so our service ensures that clients are best placed for acceptance from our lending panel. ### Best Rates We can save you money too, as we work with property development finance lenders who offer specific deals on HMO funding for intermediaries. With our help, expertise and support at every step of the way. ### Apply for a HMO Mortgage Ready to apply for HMO Mortgage? We work with a tried and trusted panel of lenders who are actively lending. The deals that we can recommend to our clients are updated daily, so you have complete peace of mind that you are receiving details of the best possible HMO Mortgage products on the market in real-time. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) ## HMO mortgage calculator Our [HMO mortgage calculator](/hmo-mortgage-calculator/) allows you to compare different **mortgages** and see the difference in your potential monthly repayments and annual mortgage costs. Add details about the property’s value and your deposit to assess your likely LTV. Then input your mortgage term, your anticipated interest rate, and whether you want an interest-only or repayment mortgage. The calculator will return your indicative costs ![Tag image](https://www.hankzarihs.com/wp-content/uploads/2025/04/tag-image.svg "tag-image - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### What is the lending criteria for an HMO mortgage? . Each lender will have its own set of criteria, but these lending requirements are common: [ Schedule a Meeting Now ](#book-a-call-today) [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) ### LTV of 75% For both an individual application or an HMO mortgage limited company, a deposit (or equivalent security/equity) of at least 25% will be required – although some lenders may consider a higher LTV. The lower the LTV, the less interest you are likely to pay for your HMO mortgage. ### Experience in the letting field HMO rentals tend to be more complex than single-occupancy BTLs and can be riskier as a result. Lenders will want to see a track record or 1-2 years at least from applicants, although other lenders may be prepared to flex on this point. Remember that all mortgage pricing links to risk – so the lower risk you are as an applicant (with experience, a higher deposit etc) the more attractive your loan offer is likely to be. ### Certain property critiera Again, each lender will have its own definition of an HMO for mortgage purposes, but it is likely to include features such as a communal living area/kitchen and bathroom, a certain number of lettable rooms (say, 5-7) and no more than four storeys. A specialist valuation is also required, and at least one tenant – or the tenant’s employer – must be paying rent that meets the lender’s requirements for rental coverage, or yield (typically at 125% to allow full mortgage repayment each month and a contingency fund for repairs, void periods and the other costs of maintaining and operating property of this kind). ### Rental yield This may be set at 125% minimum and is likely to be assessed on a multi-tenanted basis, in line with the HMO definition. As a rule of thumb, landlords expect to achieve returns of around 8-9% (or even more) for an HMO, compared to perhaps 4-5% on a BTL – although note that these returns vary greatly by region, property type, demand factors and cyclical market events. Rental yield is vital for landlords to understand because the costs of managing an HMO can be significantly higher. Yes, void periods are smoothed out, but the costs of works, upkeep, licensing, safety certificates, management and so forth can be high – especially when combined with the cost of mortgaging and remortgaging. Preparation and experience are key to maximising returns. ### Home-owning applicant Often, lenders will also require that the applicant already has their own owned home, although – again – this may not be mandatory for all lenders. Some may consider first time buyers. ##### WE WILL FUND YOUR PROJECT! ## Book a Call Today Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - Appointments 7 days a week - From 7am till 10pm - No obligation - Terms issued within minutes - Friendly and experienced advisors - Ask all the questions you need! ## How do HMO mortgages work? HMO mortgages have similar features to a standard BTL mortgage in many ways, however, lenders will expect to see a more in-depth profile of information before making a decision on your application. This will include details on the property itself, its existing tenancies, rental yield, whether the landlord manages it or uses a management agency and so forth. The mortgage itself will be repaid each month on either an interest-only or capital-repayment basis, set at the start of the term. Additional fees must be factored into the anticipated return carefully, as fees and other costs rapidly erode the higher-returns that make this type of property so attractive. Our team can help you to find the most competitive mortgage to keep your fees low, for the right product. ### HMO mortgages for limited companies HMO mortgages for limited companies are widely available, as this type of structure is commonly used by landlords for **tax** benefits. Our team can help you to assess the best HMO mortgages for limited companies available, for rapid completion. ## Can a first-time buyer get an HMO mortgage Most lenders prefer experienced applicants because HMO lets are more complex than single-occupancy BTLs. For example, they often require a licence, locks on each room, additional health and safety checks and so forth. However, some lenders are happy to offer HMO mortgages for first-time landlords. Speak to our team to find out which rates might be available to you at this time. ## HMO mortgage rates HMO mortgage rates are predicated against the Bank of England base rate, in common with most other types of long-term mortgage. Mortgage **rates** change according to BoE changes and market factors, and lenders will adjust their rates over the course of the year and can remove deals at any time – although some lenders will allow applicants to pay a booking fee to reserve a deal at that date, pending processing. Rates for HMO mortgages tend to be more expensive than BTL mortgages because of the higher risk involved. However, mortgage rates vary widely – as do the accompanying fees. Hank Zarihs Associates has access to some of the most competitive rates on the market via our large panel of ready, motivated lenders with significant expertise in the field. Contact us today to find out the best deals for your applicant situation – we only need a few minutes to gather your information and can have your tailored offers returned within the hour. ### Can I get an interest-only HMO mortgage? Yes, there are options for interest-only and repayment HMO mortgages. Many applicants choose interest-only mortgages to maximise their income, whilst anticipating that the property itself will increase in value over time and grow their asset value and proportional ownership. ### Speak to our brokers today! The team of experts at Hank Zarihs Associates has years of experience in organising HMO mortgages, along with other specialist development and investment funding sources for individuals, companies, trusts and other business borrowers. Whether you need HMO finance, **bridging** loans, development finance, auction loans, BTL mortgages or another form of development or investment loan, we can help you. What’s more, we do so fast – working with our tried and tested panel of experienced lenders in the field who are ready and motivated to lend. It only takes a few minutes to gather the information that we need to contact our lender panel and we can provide a tailored illustration within the hour for your review. From this point, we handle the administration for you, allowing you to focus on your business and await confirmation that your mortgage or loan has been set up. ##### Who can get an HMO mortgage? ## Frequently Asked Questions HMO Hank Zarihs Associates have answered some of the most frequently asked questions about non status mortgages Who can get an HMO mortgage? HMO mortgage **criteria** vary by lender but some requirements are common across the field. For example, many lenders will expect to see a track record of experience in HMO letting or BTL, although some may accept first-time buyers at a higher interest rate. Evidence will need to be provided that goes beyond a simple BTL application – such as: - Evidence of relevant licences (per property) - That AST arrangements are in place for tenants - That the target rental yield can be achieved - Management type (landlord or management company) - Application type (an individual applicant or limited company) Hank Zarihs Associates has the expertise to package up all necessary information and to present it to motivated lenders in a way that is most likely to result in a mortgage offer. This saves our clients time, money and complex administration – and speeds up the time to mortgage completion. In fact, we can arrange mortgages in as little as a week. Please contact us to find out more. Do I need an HMO licence to apply for an HMO mortgage? Large HMOs as defined by the government (at least 5 tenants forming more than one household, shared communal space, at least one tenant paying rent) will need to apply for a licence from their council. Smaller HMOs may also require a license from their council, depending on the area. ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Your Success, Our Story [ ![Trustpilot](https://www.hankzarihs.com/wp-content/uploads/2024/09/Trustpilot.png "Trustpilot - Bridging and Development Finance Solutions")](https://uk.trustpilot.com/review/hankzarihs.com) [ ![Google r](https://www.hankzarihs.com/wp-content/uploads/2025/04/Google-r-1024x524.png "Google-r - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### 600+ ##### HAPPY CLIENTS #### £1B+ ##### DEALS FUNDED ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! [ Check out our Case Studies ](/case-studies/) ##### AREAS WE COVER ## Areas We Have Helped Clients for Auction Finance Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - [ Birmingham ](/birmingham/) - [ Bournemouth ](/bournemouth/) - [ Brighton ](/brighton/) - [ Bristol ](/bristol/) - [ Cardiff ](/cardiff/) - [ Coventry ](/coventry/) - [ Derby ](/derby/) - [ Edinburgh ](/edinburgh/) - [ Glasgow ](/glasgow/) - [ Leeds ](/leeds/) - [ Leicester ](/leicester/) - [ Liverpool ](/liverpool/) - [ London ](/london/) - [ Manchester ](/manchester/) - [ Middlesbrough ](/middlesbrough/) - [ Newcastle ](/newcastle/) - [ Northampton ](/northampton/) - [ Poole ](/poole/) - [ Portsmouth ](/portsmouth/) - [ Plymouth ](/plymouth/) - [ Reading ](/reading/) - [ Sheffield ](/sheffield/) - [ Southampton ](/southampton/) - [ Stoke ](/stoke/) - [ Wolverhampton ](/wolverhampton/) **Tags:** Transparent Header --- ### [Heavy Refurbishment Finance](https://www.hankzarihs.com/heavy-refurbishment-finance/) **Published:** July 22, 2025 **Author:** Shiraz Khan **Content:** # Heavy Refurbishment Finance . If you’re looking to purchase a property at auction – perhaps to refurbish, or to acquire the land to build upon – then you may need finance to complete the transaction. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### Lending up to 80% NET #### Minimum Term 01 Day #### Rates from 0.65% #### Approval time Minutes #### Turn around within 28 Days #### Minimum loan £200k #### Maximum Laon £25M #### Valuation OMV #### Table of Contents ## What is heavy refurbishment finance? A [heavy refurbishment finance loan](/heavy-refurbishment-finance/) is lent when a residential property needs significant refurbishment with planning permission and / or building regulations in place ## Who typically uses heavy refurbishment mortgages Typical users of heavy refurbishment loans include: - A [developer who needs finance](/development-finance/) to carry out an extension, internal restructure or another type of significant refurbishment that adds value to the property interior. - Structural changes to a HMO (to make the most of the available space) or the conversion of a single dwelling to a HMO, where planning is required. - Multi-unit or multiple flat refurbishments – or [converting a single property into flats](/converting-house-into-flats/) to increase their value or rent. ### How much can I borrow? It depends. Loans will usually start from £250k and go up to £50 million (or even more) depending on the project, the applicant’s status and track record and the lender. The actual LTV per property will also be based on the property’s project value after the refurbishment works are completed, as well as the realistic rental income ![property auction bridging finance](https://www.hankzarihs.com/wp-content/uploads/2025/07/man_doing_heavy_refurbishment_for_a_property.jpg "man_doing_heavy_refurbishment_for_a_property - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ## Heavy refurbishment loan process There are various different types of specialist bridging finance available. Heavy refurbishment bridging is for extensive works and there are light refurbishment products for more cosmetic or smaller-scale projects. It is important to correctly define your project because it will affect the interest rates and product terms that you are offered. If you use an intermediary, there will usually be minimal paperwork and short timescales to organise the loan. For example, it only takes us 5 minutes to gather the information that we need to pass to our team of lenders for assessment, and you will receive your tailored offers almost immediately. H.Z.A ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## What to consider before taking out a heavy refurbishment loan? There are various considerations to make, which will depend on your individual circumstances. ### Fees The cost of the fees ### Business plan Your business plan for the residential property or properties that need heavy refurbishment bridging finance ### Interest rates The interest repayment and your preferred method of repaying it. For example, you might want to pay the interest charge each month, roll it up to pay upon redemption of the loan, or have it deducted from the loan principal itself as an upfront charge. ### Extent of the works The extent of the planning involved and your stage within that process. ### During of the loan Your desired loan duration, which will be influenced by your exit plan. ### Exit Plan Make sure that you have a exit plan in place. ### Apply for a property development loan Ready to apply for development finance UK? We work with a tried and trusted panel of development lenders who are actively lending. The deals that we can recommend to our clients are updated daily, so you have complete peace of mind that you are receiving details of the best possible development finance products on the market in real-time. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) ### Refurbishment finance calculator Check Hank Zarihs Associates custom built refurbishment finance calculator. To discuss your needs for a refurbishment loan call us on 0203 889 4403 or emaail us on ##### WE WILL FUND YOUR PROJECT! ## Book a Call Today Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - Appointments 7 days a week - From 7am till 10pm - No obligation - Terms issued within minutes - Friendly and experienced advisors - Ask all the questions you need! ## What’s the difference between a heavy and light refurbishment loan? All bridging finance offers access to rapid funding, without complex or time-consuming paperwork. Light [refurbishment bridging loans](/refurbishment-bridging-loan/) are a type of specialist loan used to plug a funding gap in the short-term. ### How long does it take to get a loan? It will usually take around a week, but sometimes a little less depending on the circumstances and the lender chosen. Regulated lenders will naturally take longer because of the checks that they perform. Less-regulated or unregulated lenders will set their own processes and criteria which can be faster. The nature of heavy refurbishment bridging loans for residential properties is that they are very fast and easy to arrange ### How are the funds released? Funds will usually be released in two stages. The first will be upon the arrangement of the loan, in order to allow the works to begin. An inspection of the property will be taken out by the lender. The second wave of funding will be released upon re-inspection, to confirm that all works are in place as agreed ### Loan features Each lender will offer something different. At Hank Zarihs, these are the typical terms you can expect to see from our large and experienced panel of specialist bridging finance lenders: - Up to 75% LTV (the lower of PP or MV) - Interest rates from 0.60% pm - Maximum term of 24 months - Flexible interest terms – choose to service it, roll it up fully or part roll-up - 2% arrangement fee - No exit fee - Borrow from £250k to £50 million ## Heavy refurbishment loan to rate (LTV), rates and fees Product Max LTV Up to 50% LTV 50.01 – 65.00% LTV 65.01 – 75.00% LTV Term & Repayment Arrangement Fee **Residential***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.43% pm 0.53% pm 0.60% pm Maximum term 24 months No minimum interest or ERCs Interest Fully Rolled Up, Part-Rolled Up or Serviced (subject to affordability) The net advance will be less total potential interest over the term with the gross loan calculated as interest for the entire term and the arrangement fee added. 1% -1.5% Full fee added to the loan. **Semi Commercial***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.6% pm 0.6% pm 0.6% pm **Commercial***Including Light Refurbishment* Up to 70% Lower of PP or MV 0.75% pm **Residential***Heavy Refurbishment* Up to 75% Lower of PP or MV 0.60% pm 0.65% pm 0.7% pm **Commercial and Semi Commercial***Heavy Refurbishment* Up to 70% Lower of PP or MV 0.83% pm 0.83% pm 0.7% pm ### Do I need a good credit score to take out a refurb loan? There are [non-status bridging loans](/fast-non-status-bridging-loans/) available for this type of product too. Some lenders will offer the necessary funds if the applicant has the right collateral or security in place, a clear development plan and a clear exit plan. Every lender has their own terms and conditions and we can help to find you the right lender and the right loan for your needs. ### Why use Hank Zarihs Associates? We are highly experienced in financial services and act as an intermediary for specialist property development and investment finance. Working with a panel of over 60 niche lenders – including private banks, pension funds and property funds – we match each customer with the right lender for his or her needs, leveraging our experience to secure the best possible deal. We can help you to find the bridge loan, property investment loan or development finance that you need, even if you have been rejected by a different lender, or have been offered unfavourable terms. Contact us in the first instance for an instant assessment and alternative offers within the hour. We move fast and efficiently and complete most bridging finance transactions within just 3-7 days, and support you at every step of the way. ##### WHAT IS BRIDGING FINANCE? ## Bridging Finance & How does it work? Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ What is bridging finance & how does it work? You may have heard about bridging loans in the context of property investment or moving house, but what exactly are they? Basically, [bridging finance](/fast-bridging-finance/) is a type of short-term loan that allows a buyer to purchase a property before their existing home or investment property is sold. As the name suggests, it ‘bridges’ the funding gap in the lag between purchase and sale – offering rapid access to the necessary purchase funds for a brief period of time. Borrowers can access from £5,000 to £250 million, depending on applicant status, the value of the property and other lender criteria. Higher lending amounts are typically reserved for borrowers who can put up several properties as security. Quotes are provided on a Loan to Value (LTV) of 65%-80% in most situations. What are the typical uses of bridging loans? Bridging loans can be used in a number of situations. For example: 1. When people are moving home in a chain, with a gap between completion dates (e.g. needing to pay for the new property before receiving funds on the completed old property). 2. When property investors or private buyers renovate a home and want a rapid sell-on. 3. When an individual is looking to buy a property at an auction. 4. When property investors and developers are looking to pay a tax bill 5. When buyers want to secure finance against an uninhabitable property. This type of finance can be used by homeowners, landlords and property developers alike. Are bridging loans a good idea? The bridging finance market has grown rapidly, with a number of small and focused lenders now on the market, catering for specialist property finance needs. The market has changed because large high-street lenders have become less willing (and sometimes less able) to lend ever since the financial crisis of 2008. As to whether a bridging loan for property development, auction purchase or private home buying is a good idea, it depends on a variety of factors. Bridging loan requirements vary by lender, but each will have certain common features that need to be considered. The most notable feature of this type of finance is that the interest rate is likely to be high. At the same time, there are typically high administration fees applied to the loan. Because of this, it is essential to proceed very carefully and with a full view of the facts. Borrowers have been burned by this type of loan in the past, in instances where transactions have fallen through, or where lenders have turned out to be unscrupulous and untrustworthy. What are the various pros and cons of bridging finance? Benefits of instant bridging loans 1\. Rapid access to money 2\. Ability to borrow large sums – often up to £250 million depending on applicant status 3\. Options for flexible borrowing. Possible downsides of bridging loans: 1\. Failure to understand the unique features of these loans can result in financial risk 2\. Bridging finance is secured against your property; meaning it can be sold if you can’t meet the repayment terms 3\. A costly option with fees and higher interest What is the interest rate on a bridging loan? Bridging finance interest rates will vary by lender. However, interest costs of 1.5% a month are not unusual, which can equate to an annual percentage rate of 18%. Fixed or variable rate? Bridging loans may have fixed or variable interest rate features. Fixed interest rates are ideal for customers who want stability, as they offer the same amount of interest for the duration of the term. The rate is pre-agreed, but there may be a premium for this security. The other choice is to have a variable rate bridging loan which can change with the base rate. However, you can save money if the base rate decreases. Borrowers who are less concerned about security sometimes prefer the variable rate option if they believe that the financial markets will travel in their favour. Knowledge and market insight is required here, along with a thorough understanding of personal risk tolerance. If interest rates appear to be rising, most customers will choose the fixed interest rate to lock it in and avoid further increases in the event of a base rate rise. Repaying interest on a bridging loan? Bridging loan periods tend to be for several months and there are usually different options for paying the interest portion. Monthly repayments The customer repays the interest every month as a separate payment, rather than adding it to the outstanding balance Rolled-up bridging finance deals The compound interest is calculated monthly but added to the outstanding loan balance and paid together when repayment is due. Retained interest The monthly interest payment due is covered up to a predefined date so that the full sum is only repaid when monies are due. Fees and other costs? As well as interest payments, there will be an arrangement fee for the set-up of the bridging loan, which is usually around 1-2%. A repayment fee for exit paperwork may also apply, along with valuation fees for the cost of the surveyor. How long can you have a bridging loan for? Remember, this type of finance is designed to be short-term. As soon as it extends beyond the agreed interim or bridging period, penalties can rapidly stack up. Typically, bridging finance is available for 1 – 18 months. Are there different types of bridging loan? Yes, there are two broad types: closed bridging finance and open bridging finance. With closed bridging finance you will tell the lender how you will repay the loan – with what funds and when. These loans usually complete within a few months and the clear exit plan is required as a lending condition. Open bridge finance won’t usually need this type of exit plan, and it is typically the loan of choice when funds are needed urgently to complete a property transaction. No detailed plan is needed to explain how the debt will be settled, and the finance tends to be offered for up to a year. Of course, it’s important to note that interest will keep being applied throughout this period. There are also first charge bridging loans and second charge bridging loans. If you have a loan against a property which is already mortgaged, you’d take out a second charge loan. An example of this would be if you were planning to finance a property extension to improve the property. The categorisation tells the lenders who will have legal priority for repayment if the loan was unable to be paid off at the term-end. First charge loans apply if the new loan is the first secured on the property. Can I get a bridging loan? Bridging loan requirements will depend on the lender. Often, lenders will require that: Customers must also take out their property mortgage with them too, providing the bridge finance as an interim measure before the standard mortgage comes into play. Property is put forward as security against the loan. Some lenders expect applicants to have more than one property in order to be eligible for their bridging finance products, but this will depend on the lender and the size of the loan. Applicants show proof of income – although, interestingly, as loan interest isn’t repaid monthly, some lenders do not request this. The applicant shows evidence of their property investment track record if they are planning to develop their purchased property. The applicant can show a business plan if they are using the bridging loan for commercial purposes. What are the alternatives to bridging loans? Development loans are another type of short-term property development loan. They are repaid in stages and calculated on the gross value of the development. Personal loans are another option, as are remortgages when timescales are more flexible and a long-term loan is desirable. Tips for success when applying for instant bridging loans? Use a bridge loan calculator Ask for your lender to provide a tailored bridge finance example or illustration around your particular borrowing needs. Think carefully about the type of bridging loan that you need – whether open bridge finance or closed bridge finance. Know whether the loan is a first or second charge type. Clarify whether the interest rate is fixed or variable. Review products from several lenders. Be clear on your security. Read the small print! Who provides bridging finance? Bridging loans are offered by banks, building societies, specialist lenders and brokers. They aren’t widely advertised and usually require a direct application by the customer to find out the product features and offers. Once you have made an application, a decision will usually be made within 24 hours. The funds then will take around two weeks to be issued, including time for checks to be carried out, the valuation and the actual transfer. Keen to find out more? Hank Zarihs are highly experienced and specialist financial intermediaries operating in the property development market. We work with a tried and tested panel of over 60 trusted lenders and can provide excellent bridging finance with attractive features. Contact us to find out more. ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Your Success, Our Story [ ![Trustpilot](https://www.hankzarihs.com/wp-content/uploads/2024/09/Trustpilot.png "Trustpilot - Bridging and Development Finance Solutions")](https://uk.trustpilot.com/review/hankzarihs.com) [ ![Google r](https://www.hankzarihs.com/wp-content/uploads/2025/04/Google-r-1024x524.png "Google-r - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### 600+ ##### HAPPY CLIENTS #### £1B+ ##### DEALS FUNDED ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! [ Check out our Case Studies ](/case-studies/) ##### AREAS WE COVER ## Areas We Have Helped Clients for Auction Finance Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - [ Birmingham ](/birmingham/) - [ Bournemouth ](/bournemouth/) - [ Brighton ](/brighton/) - [ Bristol ](/bristol/) - [ Cardiff ](/cardiff/) - [ Coventry ](/coventry/) - [ Derby ](/derby/) - [ Edinburgh ](/edinburgh/) - [ Glasgow ](/glasgow/) - [ Leeds ](/leeds/) - [ Leicester ](/leicester/) - [ Liverpool ](/liverpool/) - [ London ](/london/) - [ Manchester ](/manchester/) - [ Middlesbrough ](/middlesbrough/) - [ Newcastle ](/newcastle/) - [ Northampton ](/northampton/) - [ Poole ](/poole/) - [ Portsmouth ](/portsmouth/) - [ Plymouth ](/plymouth/) - [ Reading ](/reading/) - [ Sheffield ](/sheffield/) - [ Southampton ](/southampton/) - [ Stoke ](/stoke/) - [ Wolverhampton ](/wolverhampton/) **Tags:** Transparent Header --- ### [Heavy Refurbishment Finance](https://www.hankzarihs.com/heavy-refurbishment-loans/) **Published:** April 17, 2025 **Author:** Shiraz Khan **Content:** # Heavy Refurbishment Finance . If you’re looking to purchase a property at auction – perhaps to refurbish, or to acquire the land to build upon – then you may need finance to complete the transaction. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### Lending up to 100% NET #### Minimum Term 01 Day #### Rates from 0.65% #### Approval time Minutes #### Towards build up to 100% #### Minimum loan £200k #### Maximum Laon £100M+ #### Valuation OMV #### Table of Contents ## What is heavy refurbishment finance? A [heavy refurbishment finance loan](/heavy-refurbishment-finance/) is lent when a residential property needs significant refurbishment with planning permission and / or building regulations in place ## Who typically uses heavy refurbishment mortgages Typical users of heavy refurbishment loans include: - A developer who needs finance to carry out an extension, internal restructure or another type of significant refurbishment that adds value to the property interior. - Structural changes to a HMO (to make the most of the available space) or the conversion of a single dwelling to a HMO, where planning is required. - Multi-unit or multiple flat refurbishments – or converting a single property into flats to increase their value or rent. ## How much can I borrow? It depends. Loans will usually start from £250k and go up to £50 million (or even more) depending on the project, the applicant’s status and track record and the lender. The actual LTV per property will also be based on the property’s project value after the refurbishment works are completed, as well as the realistic rental income ![Man doing heavy refurbishment for a property](https://www.hankzarihs.com/wp-content/uploads/2025/05/man_doing_heavy_refurbishment_for_a_property.jpg "man_doing_heavy_refurbishment_for_a_property - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ## Heavy refurbishment loan process There are various different types of specialist bridging finance available. Heavy refurbishment bridging is for extensive works and there are light refurbishment products for more cosmetic or smaller-scale projects. It is important to correctly define your project because it will affect the interest rates and product terms that you are offered. If you use an intermediary, there will usually be minimal paperwork and short timescales to organise the loan. For example, it only takes us 5 minutes to gather the information that we need to pass to our team of lenders for assessment, and you will receive your tailored offers almost immediately. H.Z.A ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## What to consider before taking out a heavy refurbishment loan? There are various considerations to make, which will depend on your individual circumstances. ### Fees The cost of the fees ### Business plan Your business plan for the residential property or properties that need heavy refurbishment bridging finance ### Interest rates The interest repayment and your preferred method of repaying it. For example, you might want to pay the interest charge each month, roll it up to pay upon redemption of the loan, or have it deducted from the loan principal itself as an upfront charge. ### Extent of the works The extent of the planning involved and your stage within that process. ### During of the loan Your desired loan duration, which will be influenced by your exit plan. ### Exit Plan Make sure that you have a exit plan in place. ### Apply for a property development loan Ready to apply for development finance UK? We work with a tried and trusted panel of development lenders who are actively lending. The deals that we can recommend to our clients are updated daily, so you have complete peace of mind that you are receiving details of the best possible development finance products on the market in real-time. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) ### Refurbishment finance calculator Check Hank Zarihs Associates custom built refurbishment finance calculator. To discuss your needs for a refurbishment loan call us on 0203 889 4403 or emaail us on ##### WE WILL FUND YOUR PROJECT! ## Book a Call Today Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - Appointments 7 days a week - From 7am till 10pm - No obligation - Terms issued within minutes - Friendly and experienced advisors - Ask all the questions you need! ## What’s the difference between a heavy and light refurbishment loan? All bridging finance offers access to rapid funding, without complex or time-consuming paperwork. Light [refurbishment bridging loans](/refurbishment-bridging-loan/) are a type of specialist loan used to plug a funding gap in the short-term. ## How long does it take to get a loan? It will usually take around a week, but sometimes a little less depending on the circumstances and the lender chosen. Regulated lenders will naturally take longer because of the checks that they perform. Less-regulated or unregulated lenders will set their own processes and criteria which can be faster. The nature of heavy refurbishment bridging loans for residential properties is that they are very fast and easy to arrange ## How are the funds released? Funds will usually be released in two stages. The first will be upon the arrangement of the loan, in order to allow the works to begin. An inspection of the property will be taken out by the lender. The second wave of funding will be released upon re-inspection, to confirm that all works are in place as agreed ## Loan features Each lender will offer something different. At Hank Zarihs, these are the typical terms you can expect to see from our large and experienced panel of specialist bridging finance lenders: - Up to 75% LTV (the lower of PP or MV) - Interest rates from 0.60% pm - Maximum term of 24 months - Flexible interest terms – choose to service it, roll it up fully or part roll-up - 2% arrangement fee - No exit fee - Borrow from £250k to £50 million ## Heavy refurbishment loan to rate (LTV), rates and fees Product Max LTV Up to 50% LTV 50.01 – 65.00% LTV 65.01 – 75.00% LTV Term & Repayment Arrangement Fee **Residential***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.43% pm 0.53% pm 0.60% pm Maximum term 24 months No minimum interest or ERCs Interest Fully Rolled Up, Part-Rolled Up or Serviced (subject to affordability) The net advance will be less total potential interest over the term with the gross loan calculated as interest for the entire term and the arrangement fee added. 1% -1.5% Full fee added to the loan. **Semi Commercial***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.6% pm 0.6% pm 0.6% pm **Commercial***Including Light Refurbishment* Up to 70% Lower of PP or MV 0.75% pm **Residential***Heavy Refurbishment* Up to 75% Lower of PP or MV 0.60% pm 0.65% pm 0.7% pm **Commercial and Semi Commercial***Heavy Refurbishment* Up to 70% Lower of PP or MV 0.83% pm 0.83% pm 0.7% pm ### Do I need a good credit score to take out a refurb loan? There are [non-status bridging loans](/fast-non-status-bridging-loans/) available for this type of product too. Some lenders will offer the necessary funds if the applicant has the right collateral or security in place, a clear development plan and a clear exit plan. Every lender has their own terms and conditions and we can help to find you the right lender and the right loan for your needs. ### Why use Hank Zarihs Associates? We are highly experienced in financial services and act as an intermediary for specialist property development and investment finance. Working with a panel of over 60 niche lenders – including private banks, pension funds and property funds – we match each customer with the right lender for his or her needs, leveraging our experience to secure the best possible deal. We can help you to find the bridge loan, property investment loan or development finance that you need, even if you have been rejected by a different lender, or have been offered unfavourable terms. Contact us in the first instance for an instant assessment and alternative offers within the hour. We move fast and efficiently and complete most bridging finance transactions within just 3-7 days, and support you at every step of the way. ##### WHAT IS BRIDGING FINANCE? ## Bridging Finance & How does it work? Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ What is bridging finance & how does it work? You may have heard about bridging loans in the context of property investment or moving house, but what exactly are they? Basically, [bridging finance](/fast-bridging-finance/) is a type of short-term loan that allows a buyer to purchase a property before their existing home or investment property is sold. As the name suggests, it ‘bridges’ the funding gap in the lag between purchase and sale – offering rapid access to the necessary purchase funds for a brief period of time. Borrowers can access from £5,000 to £250 million, depending on applicant status, the value of the property and other lender criteria. Higher lending amounts are typically reserved for borrowers who can put up several properties as security. Quotes are provided on a Loan to Value (LTV) of 65%-80% in most situations. What are the typical uses of bridging loans? Bridging loans can be used in a number of situations. For example: 1. When people are moving home in a chain, with a gap between completion dates (e.g. needing to pay for the new property before receiving funds on the completed old property). 2. When property investors or private buyers renovate a home and want a rapid sell-on. 3. When an individual is looking to buy a property at an auction. 4. When property investors and developers are looking to pay a tax bill 5. When buyers want to secure finance against an uninhabitable property. This type of finance can be used by homeowners, landlords and property developers alike. Are bridging loans a good idea? The bridging finance market has grown rapidly, with a number of small and focused lenders now on the market, catering for specialist property finance needs. The market has changed because large high-street lenders have become less willing (and sometimes less able) to lend ever since the financial crisis of 2008. As to whether a bridging loan for property development, auction purchase or private home buying is a good idea, it depends on a variety of factors. Bridging loan requirements vary by lender, but each will have certain common features that need to be considered. The most notable feature of this type of finance is that the interest rate is likely to be high. At the same time, there are typically high administration fees applied to the loan. Because of this, it is essential to proceed very carefully and with a full view of the facts. Borrowers have been burned by this type of loan in the past, in instances where transactions have fallen through, or where lenders have turned out to be unscrupulous and untrustworthy. What are the various pros and cons of bridging finance? Benefits of instant bridging loans 1\. Rapid access to money 2\. Ability to borrow large sums – often up to £250 million depending on applicant status 3\. Options for flexible borrowing. Possible downsides of bridging loans: 1\. Failure to understand the unique features of these loans can result in financial risk 2\. Bridging finance is secured against your property; meaning it can be sold if you can’t meet the repayment terms 3\. A costly option with fees and higher interest What is the interest rate on a bridging loan? Bridging finance interest rates will vary by lender. However, interest costs of 1.5% a month are not unusual, which can equate to an annual percentage rate of 18%. Fixed or variable rate? Bridging loans may have fixed or variable interest rate features. Fixed interest rates are ideal for customers who want stability, as they offer the same amount of interest for the duration of the term. The rate is pre-agreed, but there may be a premium for this security. The other choice is to have a variable rate bridging loan which can change with the base rate. However, you can save money if the base rate decreases. Borrowers who are less concerned about security sometimes prefer the variable rate option if they believe that the financial markets will travel in their favour. Knowledge and market insight is required here, along with a thorough understanding of personal risk tolerance. If interest rates appear to be rising, most customers will choose the fixed interest rate to lock it in and avoid further increases in the event of a base rate rise. Repaying interest on a bridging loan? Bridging loan periods tend to be for several months and there are usually different options for paying the interest portion. Monthly repayments The customer repays the interest every month as a separate payment, rather than adding it to the outstanding balance Rolled-up bridging finance deals The compound interest is calculated monthly but added to the outstanding loan balance and paid together when repayment is due. Retained interest The monthly interest payment due is covered up to a predefined date so that the full sum is only repaid when monies are due. Fees and other costs? As well as interest payments, there will be an arrangement fee for the set-up of the bridging loan, which is usually around 1-2%. A repayment fee for exit paperwork may also apply, along with valuation fees for the cost of the surveyor. How long can you have a bridging loan for? Remember, this type of finance is designed to be short-term. As soon as it extends beyond the agreed interim or bridging period, penalties can rapidly stack up. Typically, bridging finance is available for 1 – 18 months. Are there different types of bridging loan? Yes, there are two broad types: closed bridging finance and open bridging finance. With closed bridging finance you will tell the lender how you will repay the loan – with what funds and when. These loans usually complete within a few months and the clear exit plan is required as a lending condition. Open bridge finance won’t usually need this type of exit plan, and it is typically the loan of choice when funds are needed urgently to complete a property transaction. No detailed plan is needed to explain how the debt will be settled, and the finance tends to be offered for up to a year. Of course, it’s important to note that interest will keep being applied throughout this period. There are also first charge bridging loans and second charge bridging loans. If you have a loan against a property which is already mortgaged, you’d take out a second charge loan. An example of this would be if you were planning to finance a property extension to improve the property. The categorisation tells the lenders who will have legal priority for repayment if the loan was unable to be paid off at the term-end. First charge loans apply if the new loan is the first secured on the property. Can I get a bridging loan? Bridging loan requirements will depend on the lender. Often, lenders will require that: Customers must also take out their property mortgage with them too, providing the bridge finance as an interim measure before the standard mortgage comes into play. Property is put forward as security against the loan. Some lenders expect applicants to have more than one property in order to be eligible for their bridging finance products, but this will depend on the lender and the size of the loan. Applicants show proof of income – although, interestingly, as loan interest isn’t repaid monthly, some lenders do not request this. The applicant shows evidence of their property investment track record if they are planning to develop their purchased property. The applicant can show a business plan if they are using the bridging loan for commercial purposes. What are the alternatives to bridging loans? Development loans are another type of short-term property development loan. They are repaid in stages and calculated on the gross value of the development. Personal loans are another option, as are remortgages when timescales are more flexible and a long-term loan is desirable. Tips for success when applying for instant bridging loans? Use a bridge loan calculator Ask for your lender to provide a tailored bridge finance example or illustration around your particular borrowing needs. Think carefully about the type of bridging loan that you need – whether open bridge finance or closed bridge finance. Know whether the loan is a first or second charge type. Clarify whether the interest rate is fixed or variable. Review products from several lenders. Be clear on your security. Read the small print! Who provides bridging finance? Bridging loans are offered by banks, building societies, specialist lenders and brokers. They aren’t widely advertised and usually require a direct application by the customer to find out the product features and offers. Once you have made an application, a decision will usually be made within 24 hours. The funds then will take around two weeks to be issued, including time for checks to be carried out, the valuation and the actual transfer. Keen to find out more? Hank Zarihs are highly experienced and specialist financial intermediaries operating in the property development market. We work with a tried and tested panel of over 60 trusted lenders and can provide excellent bridging finance with attractive features. Contact us to find out more. ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Your Success, Our Story [ ![Trustpilot](https://www.hankzarihs.com/wp-content/uploads/2024/09/Trustpilot.png "Trustpilot - Bridging and Development Finance Solutions")](https://uk.trustpilot.com/review/hankzarihs.com) [ ![Google r](https://www.hankzarihs.com/wp-content/uploads/2025/04/Google-r-1024x524.png "Google-r - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### 600+ ##### HAPPY CLIENTS #### £1B+ ##### DEALS FUNDED ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! [ Check out our Case Studies ](/case-studies/) ##### AREAS WE COVER ## Areas We Have Helped Clients for Auction Finance Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - [ Birmingham ](/birmingham/) - [ Bournemouth ](/bournemouth/) - [ Brighton ](/brighton/) - [ Bristol ](/bristol/) - [ Cardiff ](/cardiff/) - [ Coventry ](/coventry/) - [ Derby ](/derby/) - [ Edinburgh ](/edinburgh/) - [ Glasgow ](/glasgow/) - [ Leeds ](/leeds/) - [ Leicester ](/leicester/) - [ Liverpool ](/liverpool/) - [ London ](/london/) - [ Manchester ](/manchester/) - [ Middlesbrough ](/middlesbrough/) - [ Newcastle ](/newcastle/) - [ Northampton ](/northampton/) - [ Poole ](/poole/) - [ Portsmouth ](/portsmouth/) - [ Plymouth ](/plymouth/) - [ Reading ](/reading/) - [ Sheffield ](/sheffield/) - [ Southampton ](/southampton/) - [ Stoke ](/stoke/) - [ Wolverhampton ](/wolverhampton/) **Tags:** Transparent Header --- ### [Fast Bridging loans](https://www.hankzarihs.com/fast-bridging-finance/) **Published:** April 17, 2025 **Author:** Shiraz Khan **Content:** # Fast Bridging Finance . If you’re looking to purchase a property at auction – perhaps to refurbish, or to acquire the land to build upon – then you may need finance to complete the transaction. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### Lending up to 100% NET #### Minimum Term 01 Day #### Rates from 0.65% #### Approval time Minutes #### Towards build up to 100% #### Minimum loan £200k #### Maximum Laon £100M+ #### Valuation OMV #### Table of Contents ## What is fast bridging loans? [Bridging loans](/bridging-loan-broker/) are a speciality finance project and new borrowers should proceed with caution if they are new to [property finance or development,](/development-finance/) or are unclear about the features of this short-term bridging finance product. Keen to find out more about [bridging finance](/)? Whatever your project or circumstances, Hank Zarihs Associates is your first choice for the best quick, instant and fast bridging loans on the market, offered by our trusted lenders with significant expertise in the field. What’s more, our intermediary service can make your access to finance for finance far quicker and easier thanks to the expertise of our team, and the relationships that we have with our expert lending panel. Read on to find out more. ![bridging_loans_used_to_develop_a_residential_property](https://www.hankzarihs.com/wp-content/uploads/2025/05/bridging_loans_used_to_develop_a_residential_property.jpg "bridging_loans_used_to_develop_a_residential_property - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ## Why do people use Bridging loans in the UK? Bridging finance exists to plug the financial gap for property transactions. It is commonly used with property purchases such as: - When a chain exists and the borrower wants to buy their next property before their existing one is sold. - When a buyer is purchasing a property from an auction - In any circumstance where the borrower needs access to rapid property finance, with the minimum of paperwork or hassle. - Where a property needs refurbishment before being sold. Where a traditional mortgage cannot be taken out on a property, such as a property which is unfit for human habitation, pending remedial works H.Z.A ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Why choose Hank Zarihs Associates? Hank Zarihs Associates are specialist and highly-experienced intermediaries in the instant bridging loans and investment funding industry. We work with a tried and tested panel of specialist funders with an excellent track record in the market, who can offer high leverage and gearing. ### An excellent track record With our knowledge and experience, we are able to present lending cases to our panel in a format which is most likely to increase your chances of being offered attractive development finance. By following a comprehensive due diligence process with each client we make it possible to find the right development loan in the UK, quickly and efficiently – from the right lender. ### Relationship-building We’re also proud to work with most of our clients on a repeat business basis – by proving the value of our service at every turn and by building long-term relationships with our developer clients. Whatever your level of experience, size of project or development loan need, you can be guaranteed of a superb experience with the team of friendly and helpful experts at Hank Zarihs Associates. ### Adding value What’s more, we are able to add value at every step of the process, with in-depth knowledge and guidance, designed to help our clients match up with the right lender, for the ideal loan. We recognise that development loans are usually complex, so our service ensures that clients are best placed for acceptance from our lending panel. ### Helping you saving more We can save you money too, as we work with property development finance lenders who offer specific deals on development finance for intermediaries – cutting-out the middleman and meaning that our clients can access even more attractive deals on their borrowing – with our help, expertise and support at every step of the way. ### Apply for a fast bridging mortgage Ready to apply for finance? We work with a tried and trusted panel of development lenders who are actively lending. The deals that we can recommend to our clients are updated daily, so you have complete peace of mind that you are receiving details of the best possible development finance products on the market in real-time. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) ### Use our bridging loan calculator A [bridging loan](/bridging-loan-broker/) will be offered at a range of different interest rates, depending on the lender and the borrower’s own situation. To find out the latest / typical finance rates on your bridging mortgage, we have created a handy calculator that allows you to get an indication of what your repayments would be. ![Tag image](https://www.hankzarihs.com/wp-content/uploads/2025/04/tag-image.svg "tag-image - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### Tips for Borrowers *Bridging loans* are a speciality finance project and new borrowers should proceed with caution if they are new to property finance or development, or are unclear about the features of this short-term bridging finance product. Tips for success include: [ Schedule a Meeting Now ](#book-a-call-today) [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) ### Find The Right Lender Many borrowers will use a bridging finance broker because this type of product isn’t usually available through a high street lender. Look for a broker who can provide access to best in class lenders – many of whom will only offer finance through brokers and who don’t deal directly with customers. Find a broker with a panel of trusted lenders and experience in the field. A quick process and ready access to funding, without lots of paperwork or hassle, is also crucial for most borrowers! ### Calculate Your Fees Look out for a bridging finance provider which offers options for zero exit fee bridging loans. Exit fees can be expensive and are charged on top of the bridging finance administration fee and interest charges. Use the online bridging loan calculator at Hans Zarihs to see the effect that different interest rates, loan terms and fees have on the total cost of borrowing. This total cost is important when weighing up different products. ### Flexible Finance Features Look out too for flexible features such as the ability to roll over, deduct or service interest payments depending on your needs. Open and closed bridging finance deals may also be of interest to you, depending on whether you expect to be receiving sale proceeds or a mortgage income at a certain defined point, or you wish to keep the bridging loan facility open on a more flexible basis, pending confirmation of your redemption arrangements. ### Great Customer Service A good bridging loan intermediary or provider will always be committed to great customer service and will take the time to explain unfamiliar terms and to ascertain your individual needs in order to provide the right product. At Hans Zarihs, we only need a few minutes to gather all relevant information in order to send you an instant range of bridging loan quotes from our panel of tried and tested lenders. The finance process is then extremely quick and we manage it for from start to finish, packaging up your application and managing the paperwork for your lenders so that you don’t need to spend lots of time on form-filling! ### Speed and Efficiency We have also invested in the latest digital systems that allow us to operate on a slick, efficient and fast basis for the benefit of our customers. Not only does it just take around 20 minutes to return your personalised list of bridging loan quotes from our panel, once you submit your needs, but your finance can be made available in as little as 3 days, depending on the lender that you prefer and the bridging finance product that best suits your needs. We strive to be as rapid and as efficient as possible at all times, smoothing the process with our expertise and experience so that your funds will be with you as soon as possible. If the standard 3-7 day turnaround time isn’t quick enough for your project, please get in touch anyway and we will see what is available! ##### WE WILL FUND YOUR PROJECT! ## Book a Call Today Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - Appointments 7 days a week - From 7am till 10pm - No obligation - Terms issued within minutes - Friendly and experienced advisors - Ask all the questions you need! ## Residential bridging finance Bridging finance exists to plug the financial gap for *property* transactions. It is commonly used with property purchases such as: 1. When a chain exists and the borrower wants to buy their next property before their existing one is sold. 2. When a buyer is purchasing a property from an auction 3. In any circumstance where the borrower needs access to rapid property finance, with the minimum of paperwork or hassle. 4. Where a property needs refurbishment before being sold. 5. Where a traditional mortgage cannot be taken out on a property, such as a property which is unfit for human habitation, pending remedial works. ## Fast Bridging loan rates Product Max LTV Up to 50% LTV 50.01 – 65.00% LTV 65.01 – 75.00% LTV Term & Repayment Arrangement Fee **Residential***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.43% pm 0.53% pm 0.60% pm Maximum term 24 months No minimum interest or ERCs Interest Fully Rolled Up, Part-Rolled Up or Serviced (subject to affordability) The net advance will be less total potential interest over the term with the gross loan calculated as interest for the entire term and the arrangement fee added. 1% -1.5% Full fee added to the loan. **Semi Commercial***Including Light Refurbishment* Up to 75% Lower of PP or MV 0.6% pm 0.6% pm 0.6% pm **Commercial***Including Light Refurbishment* Up to 70% Lower of PP or MV 0.75% pm **Residential***Heavy Refurbishment* Up to 75% Lower of PP or MV 0.60% pm 0.65% pm 0.7% pm **Commercial and Semi Commercial***Heavy Refurbishment* Up to 70% Lower of PP or MV 0.83% pm 0.83% pm 0.7% pm ## Can I get a bridge loan if I have a CCJ? Bridging loans don’t really work like they do in retail banking or with a personal mortgage whereby a decision is made solely on your personal credit history. Our panel of lenders tend to judge a client on their individual circumstances and, actually, it’s usually more important for you to be able to demonstrate a successful track record over a certain term. Lenders will also sometimes ask for a business plan or a redemption plan that shows what you intend to do with the bridging loan and what the money will be spent on so that they can see if it fits their risk profile. Ultimately, to get an affirmative application with a lender we recommend speaking to our team of [experienced bridging finance brokers](/bridging-loan-broker/) who can help you with all of this and assist you in putting together an affirmative plan that’s likely to be accepted. ## Features of residential loans ### How much can I borrow on a bridging loan This will depend according to your circumstances and will be depending on a number of factors. Primarily lenders will want to know things like what your Gross Development Value (GDV) is, what the Loan To Value (LTV) percentage is as well as things like your credit past and your record with property development. Typically, however, you can obtain fast bridging loans that would provide up to 70%-80% of the value of the property, and anywhere between £250,000 to £50,000,000 depending on the lender. ### Short timescales Bridging finance is usually offered from one month to 18 months. These are not long-term loans, such as a mortgage, and the short timescale is reflected in the higher interest rate. ### Offered on an experience basis Many bridging loans are offered on receipt of a business case, redemption plan or other types of evidence that show how the finance will be used, what the plan is to repay it and that the plan for doing so is workable and in line with the lender’s risk profile. For example, more experienced property developers will naturally be able to borrow [larger bridging loans](/large-bridging-loans/) at short notice than a first-time auction buyer. Speak to your broker to present your case in the best possible way, so that lenders can offer you the best deal. At Hans Zarihs we do this for all of our clients so that they can receive the right bridging loan offers for their needs. We are always clear, transparent and helpful – providing tailored illustrations and all necessary information to help with decision-making. Whatever queries you might have, we are here to assist. ### Specialist lenders Asking where can I get a bridging loan? The answer is probably with a specialist provider, accessed via a broker. Most bridging finance is offered via specialist brokers who work with a panel of property-focused lenders. This is a niche product which tends to be used by more experienced and sophisticated borrowers who are either developing their own property through auction or refurbishment means, who want to build a property portfolio or who are expanding a portfolio using a range of financial tools. A specialist broker, such as Hans Zarihs, will provide: - Access to a tried and tested panel of bridging finance lenders for bridging loans - A rapid process with only a short form to receive initial quotes and offers - Generous and flexible terms, designed around the customer - A visible commitment to customer service - Excellent reviews and a trusted track record. ##### WHAT IS BRIDGING FINANCE? ## Bridging Finance & How does it work? Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ What is bridging finance & how does it work? You may have heard about bridging loans in the context of property investment or moving house, but what exactly are they? Basically, [bridging finance](/fast-bridging-finance/) is a type of short-term loan that allows a buyer to purchase a property before their existing home or investment property is sold. As the name suggests, it ‘bridges’ the funding gap in the lag between purchase and sale – offering rapid access to the necessary purchase funds for a brief period of time. Borrowers can access from £5,000 to £250 million, depending on applicant status, the value of the property and other lender criteria. Higher lending amounts are typically reserved for borrowers who can put up several properties as security. Quotes are provided on a Loan to Value (LTV) of 65%-80% in most situations. What are the typical uses of bridging loans? Bridging loans can be used in a number of situations. For example: 1. When people are moving home in a chain, with a gap between completion dates (e.g. needing to pay for the new property before receiving funds on the completed old property). 2. When property investors or private buyers renovate a home and want a rapid sell-on. 3. When an individual is looking to buy a property at an auction. 4. When property investors and developers are looking to pay a tax bill 5. When buyers want to secure finance against an uninhabitable property. This type of finance can be used by homeowners, landlords and property developers alike. Are bridging loans a good idea? The bridging finance market has grown rapidly, with a number of small and focused lenders now on the market, catering for specialist property finance needs. The market has changed because large high-street lenders have become less willing (and sometimes less able) to lend ever since the financial crisis of 2008. As to whether a bridging loan for property development, auction purchase or private home buying is a good idea, it depends on a variety of factors. Bridging loan requirements vary by lender, but each will have certain common features that need to be considered. The most notable feature of this type of finance is that the interest rate is likely to be high. At the same time, there are typically high administration fees applied to the loan. Because of this, it is essential to proceed very carefully and with a full view of the facts. Borrowers have been burned by this type of loan in the past, in instances where transactions have fallen through, or where lenders have turned out to be unscrupulous and untrustworthy. What are the various pros and cons of bridging finance? Benefits of instant bridging loans 1\. Rapid access to money 2\. Ability to borrow large sums – often up to £250 million depending on applicant status 3\. Options for flexible borrowing. Possible downsides of bridging loans: 1\. Failure to understand the unique features of these loans can result in financial risk 2\. Bridging finance is secured against your property; meaning it can be sold if you can’t meet the repayment terms 3\. A costly option with fees and higher interest What is the interest rate on a bridging loan? Bridging finance interest rates will vary by lender. However, interest costs of 1.5% a month are not unusual, which can equate to an annual percentage rate of 18%. Fixed or variable rate? Bridging loans may have fixed or variable interest rate features. Fixed interest rates are ideal for customers who want stability, as they offer the same amount of interest for the duration of the term. The rate is pre-agreed, but there may be a premium for this security. The other choice is to have a variable rate bridging loan which can change with the base rate. However, you can save money if the base rate decreases. Borrowers who are less concerned about security sometimes prefer the variable rate option if they believe that the financial markets will travel in their favour. Knowledge and market insight is required here, along with a thorough understanding of personal risk tolerance. If interest rates appear to be rising, most customers will choose the fixed interest rate to lock it in and avoid further increases in the event of a base rate rise. Repaying interest on a bridging loan? Bridging loan periods tend to be for several months and there are usually different options for paying the interest portion. Monthly repayments The customer repays the interest every month as a separate payment, rather than adding it to the outstanding balance Rolled-up bridging finance deals The compound interest is calculated monthly but added to the outstanding loan balance and paid together when repayment is due. Retained interest The monthly interest payment due is covered up to a predefined date so that the full sum is only repaid when monies are due. Fees and other costs? As well as interest payments, there will be an arrangement fee for the set-up of the bridging loan, which is usually around 1-2%. A repayment fee for exit paperwork may also apply, along with valuation fees for the cost of the surveyor. How long can you have a bridging loan for? Remember, this type of finance is designed to be short-term. As soon as it extends beyond the agreed interim or bridging period, penalties can rapidly stack up. Typically, bridging finance is available for 1 – 18 months. Are there different types of bridging loan? Yes, there are two broad types: closed bridging finance and open bridging finance. With closed bridging finance you will tell the lender how you will repay the loan – with what funds and when. These loans usually complete within a few months and the clear exit plan is required as a lending condition. Open bridge finance won’t usually need this type of exit plan, and it is typically the loan of choice when funds are needed urgently to complete a property transaction. No detailed plan is needed to explain how the debt will be settled, and the finance tends to be offered for up to a year. Of course, it’s important to note that interest will keep being applied throughout this period. There are also first charge bridging loans and second charge bridging loans. If you have a loan against a property which is already mortgaged, you’d take out a second charge loan. An example of this would be if you were planning to finance a property extension to improve the property. The categorisation tells the lenders who will have legal priority for repayment if the loan was unable to be paid off at the term-end. First charge loans apply if the new loan is the first secured on the property. Can I get a bridging loan? Bridging loan requirements will depend on the lender. Often, lenders will require that: Customers must also take out their property mortgage with them too, providing the bridge finance as an interim measure before the standard mortgage comes into play. Property is put forward as security against the loan. Some lenders expect applicants to have more than one property in order to be eligible for their bridging finance products, but this will depend on the lender and the size of the loan. Applicants show proof of income – although, interestingly, as loan interest isn’t repaid monthly, some lenders do not request this. The applicant shows evidence of their property investment track record if they are planning to develop their purchased property. The applicant can show a business plan if they are using the bridging loan for commercial purposes. What are the alternatives to bridging loans? Development loans are another type of short-term property development loan. They are repaid in stages and calculated on the gross value of the development. Personal loans are another option, as are remortgages when timescales are more flexible and a long-term loan is desirable. Tips for success when applying for instant bridging loans? Use a bridge loan calculator Ask for your lender to provide a tailored bridge finance example or illustration around your particular borrowing needs. Think carefully about the type of bridging loan that you need – whether open bridge finance or closed bridge finance. Know whether the loan is a first or second charge type. Clarify whether the interest rate is fixed or variable. Review products from several lenders. Be clear on your security. Read the small print! Who provides bridging finance? Bridging loans are offered by banks, building societies, specialist lenders and brokers. They aren’t widely advertised and usually require a direct application by the customer to find out the product features and offers. Once you have made an application, a decision will usually be made within 24 hours. The funds then will take around two weeks to be issued, including time for checks to be carried out, the valuation and the actual transfer. Keen to find out more? Hank Zarihs are highly experienced and specialist financial intermediaries operating in the property development market. We work with a tried and tested panel of over 60 trusted lenders and can provide excellent bridging finance with attractive features. Contact us to find out more. ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Your Success, Our Story [ ![Trustpilot](https://www.hankzarihs.com/wp-content/uploads/2024/09/Trustpilot.png "Trustpilot - Bridging and Development Finance Solutions")](https://uk.trustpilot.com/review/hankzarihs.com) [ ![Google r](https://www.hankzarihs.com/wp-content/uploads/2025/04/Google-r-1024x524.png "Google-r - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### 600+ ##### HAPPY CLIENTS #### £1B+ ##### DEALS FUNDED ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! [ Check out our Case Studies ](/case-studies/) ##### AREAS WE COVER ## Areas We Have Helped Clients for Auction Finance Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - [ Birmingham ](/birmingham/) - [ Bournemouth ](/bournemouth/) - [ Brighton ](/brighton/) - [ Bristol ](/bristol/) - [ Cardiff ](/cardiff/) - [ Coventry ](/coventry/) - [ Derby ](/derby/) - [ Edinburgh ](/edinburgh/) - [ Glasgow ](/glasgow/) - [ Leeds ](/leeds/) - [ Leicester ](/leicester/) - [ Liverpool ](/liverpool/) - [ London ](/london/) - [ Manchester ](/manchester/) - [ Middlesbrough ](/middlesbrough/) - [ Newcastle ](/newcastle/) - [ Northampton ](/northampton/) - [ Poole ](/poole/) - [ Portsmouth ](/portsmouth/) - [ Plymouth ](/plymouth/) - [ Reading ](/reading/) - [ Sheffield ](/sheffield/) - [ Southampton ](/southampton/) - [ Stoke ](/stoke/) - [ Wolverhampton ](/wolverhampton/) **Tags:** Transparent Header --- ### [Development Finance Lenders](https://www.hankzarihs.com/development-finance/) **Published:** May 23, 2025 **Author:** Shiraz Khan **Content:** # Development Finance Lenders . If you’re looking to purchase a property at auction – perhaps to refurbish, or to acquire the land to build upon – then you may need finance to complete the transaction. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### Lending up to 75% GDV #### Minimum Term 06 Months #### Rates from 6% fixed #### Interest from Rolled #### Loan to cast (LTC) Up to 90% #### Minimum loan £200k #### Maximum Laon £100M+ #### Valuation OMV #### Table of Contents Keen to find out more about [development finance](/development-finance/)? Whatever your project or circumstances, Hank Zarihs Associates is your first choice for the best development loans on the market, offered by trusted lenders with significant expertise in the field. What’s more, our intermediary service can make your access to finance for **development** loans far quicker and easier thanks to the expertise of our team, and the relationships that we have with our expert lending panel. Read on to find out more. ### What is development finance? Looking for development **finance**? This type of short-term finance is used by property developers, builders, landlords, companies or individuals that need to fund 100% of the refurbishment or in the case of a ground up development the entire development costs. These loans are typically for experienced borrowers, however at [Hank Zarihs Associates](/) we have a wide panel of lenders that can offer development finance for first time developers. For example, development loans can be used: - When developers, landlords, builders or individuals want to refurbish, develop or convert a residential or commercial building to sell within a 12 -24 month term - When a borrower wants funds to buy a property at auction - When the borrower needs to secure finance against a property that is uninhabitable, and unsuitable for a standard mortgage lending purposes, a development loan could be obtained that would give you up to 65-75% of the value and 100% of the build and associates cost (pending refurbishment.) You would not usually apply for a development finance loan on the high street with your usual bank, as this is a specialist product that tends to be offered by specific development finance **lenders** or intermediaries. ![Top image](https://www.hankzarihs.com/wp-content/uploads/2025/05/top-image.png "top-image - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") H.Z.A ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Why choose Hank Zarihs Associates? Hank Zarihs Associates are specialist and highly-experienced intermediaries in the development finance and investment funding industry. We work with a tried and tested panel of specialist funders with an excellent track record in the market, who can offer high leverage and gearing. ### An excellent track record With our knowledge and experience, we are able to present lending cases to our panel in a format which is most likely to increase your chances of being offered attractive development finance. By following a comprehensive due diligence process with each client we make it possible to find the right development loan in the UK, quickly and efficiently – from the right lender. ### Relationship-building We’re also proud to work with most of our clients on a repeat business basis – by proving the value of our service at every turn and by building long-term relationships with our developer clients. Whatever your level of experience, size of project or development loan need, you can be guaranteed of a superb experience with the team of friendly and helpful experts at Hank Zarihs Associates. ### Adding value What’s more, we are able to add value at every step of the process, with in-depth knowledge and guidance, designed to help our clients match up with the right lender, for the ideal loan. We recognise that development loans are usually large and complex, so our service ensures that clients are best placed for acceptance from our lending panel. ### Saving more – cutting out the middle man We can save you money too, as we work with property development finance lenders who offer specific deals on development finance for intermediaries – cutting-out the middleman and meaning that our clients can access even more attractive deals on their borrowing – with our help, expertise and support at every step of the way. ### Apply for a property development loan Ready to apply for development finance UK? We work with a tried and trusted panel of development lenders who are actively lending. The deals that we can recommend to our clients are updated daily, so you have complete peace of mind that you are receiving details of the best possible development finance products on the market in real-time. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) ### Check out our development finance calculator A development loan will be offered at a range of different interest rates, depending on the lender and the borrower’s own situation. To find out the latest / typical finance rates on your development loan, we have created a handy calculator that allows you to get an indication of what your repayments would be. ![Tag image](https://www.hankzarihs.com/wp-content/uploads/2025/04/tag-image.svg "tag-image - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### DIFFERENT TYPES OF DEVELOPMENT FINANCE . See which type of loan might be best for your needs: [ Schedule a Meeting Now ](#book-a-call-today) [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) ### Residential Finance Residential development loans – also known as senior debt development finance – exists to allow developers to build new homes, to convert existing properties or to refurbish existing residential homes. It can also be used, in some instances, for properties which are owner-occupied, as well as for investment properties. Residential development finance is on offer to builders and property developers at all stages of their journey – from new entrants to the market looking to develop the one property, through to highly-experienced developers with a large portfolio of projects. ### Commercial Finance Apply for commercial development mortgage Commercial Property Development Finance is also sometimes just known as Property Development Finance, and these types of property loan are designed for builders and developers wishing to build, convert or refurbish a commercial property. The nature of these projects can mean that the value of the loan is bigger, reflecting the scale of typical project works. ### New Build Finance Looking to build new build residential or commercial properties? Specialist new build finance will be ideal for you and provide rapid access to the development finance UK that you need to take your project forward. ### Bridging Loans Bridging finance is another form of specialist short-term finance designed to ‘bridge’ the funding gap between a property sale and purchase. It is also used by developers who buy properties at auction for a rapid refurbishment before placing them on the market for sale. At Hank Zarihs Associates, our panel of lenders offer extremely fast access to attractive bridging finance for a variety of? ### HMO Finance Finance is for Houses in Multiple Occupation, and these loans are used by developers or builders of apartments, student flats and so forth. Some finance lenders will offer specialist HMO development loans and have specific expertise in this area. ##### WE WILL FUND YOUR PROJECT! ## Book a Call Today Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - Appointments 7 days a week - From 7am till 10pm - No obligation - Terms issued within minutes - Friendly and experienced advisors - Ask all the questions you need! ## Examples of development finance rates At Hank Zarihs Associates, we are proud to secure highly attractive finance rates via our panel of specialist lenders, who trust us to package up project applications in a way that allows them to make a rapid assessment of each borrower’s specific needs. Development loans rates vary according to a variety of factors, such as the sum required, the duration it is needed, the experience of the borrower, the location of the project and the financial returns. **Example:** As an example of a typical finance rate for a development loan, a residential finance deal could start from 3.95% APR and a commercial development loan* could start from 7.50% APR. On a bridging loan, the interest rate ranges from 0.45% to 1.25% pcm, depending on the asset, the credit profile of the borrower and the * LTV required. For the latest interest rates available, please visit our rates here or contact one of our team on 0203 889 4403. Remember at Hank Zarihs Associates, we are able to access specialist development finance intermediary deals which aren’t available directly to customers! ### Senior loans A senior development loan is a typical type of property development finance, where the lender will take an initial first charge on the property or site being developed, and will then fund the Gross Development Value (say, to 65%) or the project costs (at 80%), with an interest provision applied. This means that interest payments do not need to be serviced monthly. ### Senior Stretch loans These development finance loans are ideal for developers who need to access larger amounts of finance for their projects. The name, senior stretch, describes the order of the loans. For example, a developer might get a 65% development finance loan, and then need a top-up mezzanine loan, which can be raised very quickly at a higher interest rate. This type of loan combines the primary asset-based loan (made against the project) and the cash flow loan, which is designed to provide rapid access to top-up cash. As developers will know, this type of finance can often be very attractive in order to meet unexpected development costs at short-notice and to allow the project to be rapidly completed to progress to sale (and loan redemption upon that sale being realised). Senior Loan Rates Stretch Loan Rates Product Residential Commercial Residential Commercial LTGDV Up to 60% Up to 50% Up to 70% Up to 60% LTC Up to 80%LTC Up to 70%LTC Up to 90%LTC Up to 80%LTC Interest Rate From 3.95% P.A From 9.00% P.A From 7.00% P.A From 10.00% P.A Term & Repayment Maximum term 36 months Interest Fully Rolled Up, Part-Rolled Up or Serviced (subject to affordability) The net advance will be less total potential interest over the term with the gross loan calculated as interest for the entire term and the arrangement fee added. Maximum term 36 months Interest Fully Rolled Up, Part-Rolled Up or Serviced (subject to affordability) The net advance will be less total potential interest over the term with the gross loan calculated as interest for the entire term and the arrangement fee added. Exit Fee Negotiable Negotiable ### What are development loans typically used for? Development loans are usually used to provide short-term finance for residential (including HMO) or commercial property developments. These can be construction, conversion or refurbishment projects, and the finance can also be used to buy properties at auction. These are specialist loans which are suitable for a range of developers – from builders who are renovating their first property, through to highly experienced developers who are building a series of complex projects. They can also be used by landlords and by homeowners to renovate owner-occupied properties. However, because development loans are specialist products, it is well worth using a specialist intermediary to ensure all features of the products on offer are understood. This is particularly important for products such as bridging finance, which can become very expensive if used incorrectly. Equally, by using an intermediary such as Hank Zarihs Associates, developers know that they will be receiving highly competitive deals tailored to their unique needs and that their projects are more likely to be accepted by ready lenders, thanks to our service and relationships.To learn more, check out Hank Zarihs Associates detailed article about how does development finance work. ##### How much can I borrow? ## Frequently Asked Questions Development finance Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ How much can I borrow? Development finance deals are typically worth between £1,000,000 to £250 million, depending on the applicant, the nature of the project and the lender (with larger deals typically requiring high levels of collateral, for example, from other properties within the applicant’s portfolio.) Development finance loans are usually offered on a 65% to 90% LTV basis. How is interest applied on my development loan? Different lenders have different approaches. Some offer the standard monthly repayment of interest, others allow it to be added to the outstanding balance until the loan is repaid (known as a rolled-up finance deal). Others deduct the cost of interest from the principal lent, so that the interest portion is, in effect, paid in advance. Some will offer retained interest, covering monthly interest payments to a fixed date, so that the full sum owed is repaid at the loan redemption date. At Hank Zarihs Associates, we work with each client to understand their unique needs and to secure the best possible finance deal for those needs. What fees are there? There will usually be an application fee, which can be around 1% to 2% of the loan. There may also be fees when the loan is redeemed. We provide full and transparent details of all fees, for total clarity to our clients. Where to find out more information about our mortgages and loans? Our team is available to help you from Monday to Sunday, from 9 am until 9 pm. Call us on: +44 (0) 20 3889 4403, or request a callback via our website We look forward to hearing from you, and to finding you the best possible development loan for your next project. ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Your Success, Our Story [ ![Trustpilot](https://www.hankzarihs.com/wp-content/uploads/2024/09/Trustpilot.png "Trustpilot - Bridging and Development Finance Solutions")](https://uk.trustpilot.com/review/hankzarihs.com) [ ![Google r](https://www.hankzarihs.com/wp-content/uploads/2025/04/Google-r-1024x524.png "Google-r - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### 600+ ##### HAPPY CLIENTS #### £1B+ ##### DEALS FUNDED ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! [ Check out our Case Studies ](/case-studies/) ##### AREAS WE COVER ## Areas We Have Helped Clients for Auction Finance Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - [ Birmingham ](/birmingham/) - [ Bournemouth ](/bournemouth/) - [ Brighton ](/brighton/) - [ Bristol ](/bristol/) - [ Cardiff ](/cardiff/) - [ Coventry ](/coventry/) - [ Derby ](/derby/) - [ Edinburgh ](/edinburgh/) - [ Glasgow ](/glasgow/) - [ Leeds ](/leeds/) - [ Leicester ](/leicester/) - [ Liverpool ](/liverpool/) - [ London ](/london/) - [ Manchester ](/manchester/) - [ Middlesbrough ](/middlesbrough/) - [ Newcastle ](/newcastle/) - [ Northampton ](/northampton/) - [ Poole ](/poole/) - [ Portsmouth ](/portsmouth/) - [ Plymouth ](/plymouth/) - [ Reading ](/reading/) - [ Sheffield ](/sheffield/) - [ Southampton ](/southampton/) - [ Stoke ](/stoke/) - [ Wolverhampton ](/wolverhampton/) **Tags:** Transparent Header --- ### [Construction Loans – Hankzarihs](https://www.hankzarihs.com/construction-loans/) **Published:** April 17, 2025 **Author:** Shiraz Khan **Content:** # Construction Loans – Hankzarihs . If you’re looking to purchase a property at auction – perhaps to refurbish, or to acquire the land to build upon – then you may need finance to complete the transaction. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### Lending up to 75% GDV #### Minimum Term 36 Months #### Rates from 0.50% #### Interest from Rolled #### Loan to cast (LTC) Up to 90% #### Minimum loan £1M #### Maximum Laon £50M #### Valuation OMV #### Table of Contents ### What is a construction loan? Construction loans are a specifically designed type of loan and finance that allows property developers and investors to get a short term loan to cover the cost of building on land and to get their project off the ground and up and running. Many property developers struggle to [get finance or a loan](/development-finance/) from traditional lenders for this type of project because the risk tends to be higher, but with a higher reward. They tend to be more targeted towards those with experience of the sector and with successful projects that they can demonstrate in order to give loan companies confidence in their abilities. Construction loans are lent on the cost of the build rather than the estimated value of the properties once completed, which is somewhat different to other types of loan where the loan value is calculated based off the current or estimated value of the property. The lenders offering construction loans will often agree quite strict terms around your build schedule and completion dates. ![Construction finance for home property development](https://www.hankzarihs.com/wp-content/uploads/2025/05/construction_finance_for_home_property_development-1024x616.jpg "construction_finance_for_home_property_development - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") They’ll often check throughout the build to ensure that the construction loans they’ve agreed to are on schedule to be completed and, subsequently, the loan is also on schedule to be repaid once the development has been completed. Buying and building on land has never been easy, even for the most experienced amongst us. Thanks, in part, to the larger house building companies buying up hordes of land and then sitting on it hoping that it appreciates in value there has been something of a shortage of new housing coming to the market for quite a long time. Unfortunately for the government, this doesn’t help them particularly when there’s something of a housing deficit emerging especially when they’re trying to attract younger voters who want to be able to buy their own house despite a distinct lack of supply. Thankfully, the government then took it upon themselves to legislate to make it easier for smaller construction companies to be able to purchase land and develop it, building more houses for the UK in the process. The resulting months and years following the pandemic have meant that people’s priorities when it comes to housing and their living spaces have changed dramatically. Whereas most would have earlier prioritised location and proximity to their work, now things have taken something of a U-turn, with most now preferring space, gardens and recreation space above all else. Construction, subsequently, has taken on a new importance in the minds of the people in charge, but also investors, finance companies and loan providers. Property developers are now incentivised like never before to get building on the land available to them with profits now more than at almost any other time. It’s meant that demand for construction loans has also risen dramatically along with this change in the environment, with many property investors and development experts now looking to gain much more exposure to this type of project. This has meant that, luckily, construction loans have become much more accessible and specialised in order to respond to this increase in demand. H.Z.A ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Why choose us as your intermediary? ### Construction loan rates UK In terms of construction loans, rates will vary depending on which construction loan provider you approach, and it will often depend on your circumstances and how well you meet the construction loan criteria too. As an example, if you can demonstrate good property development experience then you may be able to get a better rate of interest than if you hadn’t much construction experience in the past, and similarly the size of the deposit or down payment that you’re able to provide will show the finance provider that you’re able to fund your own project to an extent and believe in yourself. Broadly speaking, a construction loan is interest only, and the interest can either be paid monthly or as a lump sum, but these are terms you can agree with your lender, or things that you can discuss with a broker or one of our advisors. ### How long does it take to obtain construction finance For a construction loan, the actual process of obtaining funding for your property development is fairly quick and can be completed within about 72 hours once you’ve been accepted, however, the application process can vary depending on where abouts you are on your development journey, or what your property plans look like. Our team of brokers are experienced and help our clients on a regular basis with planning this type of property development, and can give you a good idea of what level of detail you’re going to need to provide to qualify for a construction loan, as the key is in the detail quite often with this type of construction loan. ### Do I need security? With a construction loan you don’t always have to provide security but it’s certainly preferred by the majority of construction loan providers. Being able to fund some of your own property development displays that you’re serious about the project and aren’t just taking a chance with somebody else’s money. It shows a construction loan provider that you’re willing to risk some of your own money in order to complete your project along with the funding of the provider. How much security you’ll need to provide will depend on you, your situation and the construction loan provider that you choose to go with. ### Apply for a property development loan Ready to apply for development finance? We work with a tried and trusted panel of development lenders who are actively lending. The deals that we can recommend to our clients are updated daily, so you have complete peace of mind that you are receiving details of the best possible finance products on the market in real-time. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) ##### WE WILL FUND YOUR PROJECT! ## Book a Call Today Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - Appointments 7 days a week - From 7am till 10pm - No obligation - Terms issued within minutes - Friendly and experienced advisors - Ask all the questions you need! ### Construction loan calculator To help you get a better idea of what a construction loan entails, we’ve put together our handy and simple to use construction loan calculator so that you can get a better idea of what the costs may be and help you to plan your property development better. Simply follow the straight forward steps and you’ll get a good illustration of what a construction loan would cost for your property development project. ### Do I have to put a down payment for a construction loan? With most construction finance the answer is yes. Most construction finance providers will expect you to put down a down payment of between 20% and 25% or enough to cover the cost of construction and the mortgage on the project. This is because with this type of construction finance and the type of project they give funding to are, generally, much higher risk than a standard bank loan for example. If you’ve got good experience in this field and you’re able to demonstrate a good track record in construction and development of this type of project then it increases your chances of approval as your risk profile lowers in that you’ve got demonstrable success in achieving this type of property development. ## How does a construction loan work? Construction loans work slightly different to a traditional loan in that the full amount isn’t paid up front or at the point of agreement. Once construction loans are agreed they are released in what’s known as ‘draws’ which will be against an agreed schedule. In most construction loans the first draw will be your own funds, which works as a de facto deposit against your loan. When you provide your construction plan to the loan provider they will want to see your project schedule in order to see when each stage will be completed, and they will then subsequently make an agreement of when to release the draws until the project is then completed and the loan can be repaid. ### Is it difficult to get a construction loan? Getting this type of loan, or construction loan, isn’t necessarily difficult but lenders do have quite strict criteria they’d like you to meet as this is quite a specialist type of loan. With a construction loan the idea is to be able to demonstrate that you’ve planned everything in reliable detail and that you’ve got a good chance of completing the project on time and effectively repaying your loan on time. Due to the nature of this type of construction and project, it presents a high risk to the lender and, as such, means that they need to be sure about you before agreeing to your loan. What we can offer, however, is some market leading advice with our specialist loan advisors who can tell you in much greater detail what you’ll need in order to qualify for this type of loan as a property development investor. Construction isn’t easy, but even if you have little experience there are other ways to provide lenders with confidence that you’re able to complete your project on time and repay your loan too. Our advisors and brokers can help you to do that by helping you with things such as business plans and helping you to write a build schedule and helping you to understand how you’ll need to break down the construction and property development. ### Commercial construction loans for self build projects If you’re looking for commercial construction loans, these are also available if you’re planning a commercial construction and the development is right for the land that you’re planning on constructing the property on. Just like a residential construction loan provider, the terms and conditions are broadly the same and, similarly, the rates aren’t hugely different either. A provider of commercial construction loans will be looking at your experience, how much security you’re able to provide and the team you’ve got around you, for example, in exactly the same way a residential construction loan provider would. They’ll also want similarly detailed plans from you about a commercial construction, as these too are risky. They’ll want a full build plan and schedule for your commercial construction, and they’ll be seeking to release the funding in stages too, rather than releasing the full amount. In many situations commercial construction can actually be less stressful, so it’s worth discussing the funding with one of our broker team who can get you across what you might need to provide in order to qualify for funding. ### Speak to a construction finance advisor today Our team have been built over years based on their experience, expertise, customer service and ability. We’re incredibly selective with our recruitment process and only have the best working in our team of experts and advisors. We want our clients to feel like they’re speaking to the best in the business when they reach out to us so that they can have the confidence that they’re getting the very best advice, and that they’re getting a selection of the best products on the market too. We’ve spent years in the business and we’ve funded millions over that time for our clients, from smaller projects requiring just a few thousand pounds, to huge construction projects requiring millions. Whether you’re a smaller or a larger developer it doesn’t matter to us, we’re here to talk you through the process and how to get the best. We’ve spent a long time building our relationships with our panel of lenders and that means that they’ve got confidence in us to only come to them with applications that we know have a great chance of being accepted. When it comes to it our lenders know that we’ll have spent the time with our clients to ensure they’re ready. We help clients from start to finish with their applications and always ensure they’ve got all the information they need. Whether you need help with a business plan, a build schedule or an exit strategy we know how to help you out and we know how to get things done. We also appreciate that time is of the essence for our clients, and that they need access to funds quickly, which is why we’ll always ensure you’re getting things done as quickly as possible so that you’re able to get on with what you’re good at, and that’s developing properties. So why not get in touch today? ##### WHAT IS BRIDGING FINANCE? ## Bridging Finance & How does it work? Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ What is bridging finance & how does it work? You may have heard about bridging loans in the context of property investment or moving house, but what exactly are they? Basically, [bridging finance](/fast-bridging-finance/) is a type of short-term loan that allows a buyer to purchase a property before their existing home or investment property is sold. As the name suggests, it ‘bridges’ the funding gap in the lag between purchase and sale – offering rapid access to the necessary purchase funds for a brief period of time. Borrowers can access from £5,000 to £250 million, depending on applicant status, the value of the property and other lender criteria. Higher lending amounts are typically reserved for borrowers who can put up several properties as security. Quotes are provided on a Loan to Value (LTV) of 65%-80% in most situations. What are the typical uses of bridging loans? Bridging loans can be used in a number of situations. For example: 1. When people are moving home in a chain, with a gap between completion dates (e.g. needing to pay for the new property before receiving funds on the completed old property). 2. When property investors or private buyers renovate a home and want a rapid sell-on. 3. When an individual is looking to buy a property at an auction. 4. When property investors and developers are looking to pay a tax bill 5. When buyers want to secure finance against an uninhabitable property. This type of finance can be used by homeowners, landlords and property developers alike. Are bridging loans a good idea? The bridging finance market has grown rapidly, with a number of small and focused lenders now on the market, catering for specialist property finance needs. The market has changed because large high-street lenders have become less willing (and sometimes less able) to lend ever since the financial crisis of 2008. As to whether a bridging loan for property development, auction purchase or private home buying is a good idea, it depends on a variety of factors. Bridging loan requirements vary by lender, but each will have certain common features that need to be considered. The most notable feature of this type of finance is that the interest rate is likely to be high. At the same time, there are typically high administration fees applied to the loan. Because of this, it is essential to proceed very carefully and with a full view of the facts. Borrowers have been burned by this type of loan in the past, in instances where transactions have fallen through, or where lenders have turned out to be unscrupulous and untrustworthy. What are the various pros and cons of bridging finance? Benefits of instant bridging loans 1\. Rapid access to money 2\. Ability to borrow large sums – often up to £250 million depending on applicant status 3\. Options for flexible borrowing. Possible downsides of bridging loans: 1\. Failure to understand the unique features of these loans can result in financial risk 2\. Bridging finance is secured against your property; meaning it can be sold if you can’t meet the repayment terms 3\. A costly option with fees and higher interest What is the interest rate on a bridging loan? Bridging finance interest rates will vary by lender. However, interest costs of 1.5% a month are not unusual, which can equate to an annual percentage rate of 18%. Fixed or variable rate? Bridging loans may have fixed or variable interest rate features. Fixed interest rates are ideal for customers who want stability, as they offer the same amount of interest for the duration of the term. The rate is pre-agreed, but there may be a premium for this security. The other choice is to have a variable rate bridging loan which can change with the base rate. However, you can save money if the base rate decreases. Borrowers who are less concerned about security sometimes prefer the variable rate option if they believe that the financial markets will travel in their favour. Knowledge and market insight is required here, along with a thorough understanding of personal risk tolerance. If interest rates appear to be rising, most customers will choose the fixed interest rate to lock it in and avoid further increases in the event of a base rate rise. Repaying interest on a bridging loan? Bridging loan periods tend to be for several months and there are usually different options for paying the interest portion. Monthly repayments The customer repays the interest every month as a separate payment, rather than adding it to the outstanding balance Rolled-up bridging finance deals The compound interest is calculated monthly but added to the outstanding loan balance and paid together when repayment is due. Retained interest The monthly interest payment due is covered up to a predefined date so that the full sum is only repaid when monies are due. Fees and other costs? As well as interest payments, there will be an arrangement fee for the set-up of the bridging loan, which is usually around 1-2%. A repayment fee for exit paperwork may also apply, along with valuation fees for the cost of the surveyor. How long can you have a bridging loan for? Remember, this type of finance is designed to be short-term. As soon as it extends beyond the agreed interim or bridging period, penalties can rapidly stack up. Typically, bridging finance is available for 1 – 18 months. Are there different types of bridging loan? Yes, there are two broad types: closed bridging finance and open bridging finance. With closed bridging finance you will tell the lender how you will repay the loan – with what funds and when. These loans usually complete within a few months and the clear exit plan is required as a lending condition. Open bridge finance won’t usually need this type of exit plan, and it is typically the loan of choice when funds are needed urgently to complete a property transaction. No detailed plan is needed to explain how the debt will be settled, and the finance tends to be offered for up to a year. Of course, it’s important to note that interest will keep being applied throughout this period. There are also first charge bridging loans and second charge bridging loans. If you have a loan against a property which is already mortgaged, you’d take out a second charge loan. An example of this would be if you were planning to finance a property extension to improve the property. The categorisation tells the lenders who will have legal priority for repayment if the loan was unable to be paid off at the term-end. First charge loans apply if the new loan is the first secured on the property. Can I get a bridging loan? Bridging loan requirements will depend on the lender. Often, lenders will require that: Customers must also take out their property mortgage with them too, providing the bridge finance as an interim measure before the standard mortgage comes into play. Property is put forward as security against the loan. Some lenders expect applicants to have more than one property in order to be eligible for their bridging finance products, but this will depend on the lender and the size of the loan. Applicants show proof of income – although, interestingly, as loan interest isn’t repaid monthly, some lenders do not request this. The applicant shows evidence of their property investment track record if they are planning to develop their purchased property. The applicant can show a business plan if they are using the bridging loan for commercial purposes. What are the alternatives to bridging loans? Development loans are another type of short-term property development loan. They are repaid in stages and calculated on the gross value of the development. Personal loans are another option, as are remortgages when timescales are more flexible and a long-term loan is desirable. Tips for success when applying for instant bridging loans? Use a bridge loan calculator Ask for your lender to provide a tailored bridge finance example or illustration around your particular borrowing needs. Think carefully about the type of bridging loan that you need – whether open bridge finance or closed bridge finance. Know whether the loan is a first or second charge type. Clarify whether the interest rate is fixed or variable. Review products from several lenders. Be clear on your security. Read the small print! Who provides bridging finance? Bridging loans are offered by banks, building societies, specialist lenders and brokers. They aren’t widely advertised and usually require a direct application by the customer to find out the product features and offers. Once you have made an application, a decision will usually be made within 24 hours. The funds then will take around two weeks to be issued, including time for checks to be carried out, the valuation and the actual transfer. Keen to find out more? Hank Zarihs are highly experienced and specialist financial intermediaries operating in the property development market. We work with a tried and tested panel of over 60 trusted lenders and can provide excellent bridging finance with attractive features. Contact us to find out more. ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Your Success, Our Story [ ![Trustpilot](https://www.hankzarihs.com/wp-content/uploads/2024/09/Trustpilot.png "Trustpilot - Bridging and Development Finance Solutions")](https://uk.trustpilot.com/review/hankzarihs.com) [ ![Google r](https://www.hankzarihs.com/wp-content/uploads/2025/04/Google-r-1024x524.png "Google-r - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### 600+ ##### HAPPY CLIENTS #### £1B+ ##### DEALS FUNDED ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! [ Check out our Case Studies ](/case-studies/) ##### AREAS WE COVER ## Areas We Have Helped Clients for Auction Finance Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - [ Birmingham ](/birmingham/) - [ Bournemouth ](/bournemouth/) - [ Brighton ](/brighton/) - [ Bristol ](/bristol/) - [ Cardiff ](/cardiff/) - [ Coventry ](/coventry/) - [ Derby ](/derby/) - [ Edinburgh ](/edinburgh/) - [ Glasgow ](/glasgow/) - [ Leeds ](/leeds/) - [ Leicester ](/leicester/) - [ Liverpool ](/liverpool/) - [ London ](/london/) - [ Manchester ](/manchester/) - [ Middlesbrough ](/middlesbrough/) - [ Newcastle ](/newcastle/) - [ Northampton ](/northampton/) - [ Poole ](/poole/) - [ Portsmouth ](/portsmouth/) - [ Plymouth ](/plymouth/) - [ Reading ](/reading/) - [ Sheffield ](/sheffield/) - [ Southampton ](/southampton/) - [ Stoke ](/stoke/) - [ Wolverhampton ](/wolverhampton/) **Tags:** Transparent Header --- ### [Commercial Mortgage Broker](https://www.hankzarihs.com/commercial-mortgage-broker/) **Published:** May 22, 2025 **Author:** Shiraz Khan **Content:** # Commercial Mortgage Broker . If you’re looking to purchase a property at auction – perhaps to refurbish, or to acquire the land to build upon – then you may need finance to complete the transaction. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### Lending up to 75% #### Minimum Term 1 Year #### Rates from 5% #### Interest Charged Daily #### Max Term 25 Years #### Minimum loan £250k #### Maximum Laon £100M+ #### Valuation OMV #### Table of Contents Looking for a commercial property mortgage in the UK? At Hank Zarihs Associates we work with a tried and tested panel of respected commercial mortgage lenders to bring our clients some of the best deals on the market. But what exactly are commercial property mortgages, and what are the key features you should know about this type of finance? ### What is a commercial mortgage? Businesses use commercial property mortgages to buy or improve a property (often one that they operate from), or to release equity (value) from an existing property which could then be used to invest further into the business. There are two main types of commercial property mortgage: 1. Commercial investment mortgages, which are used when the client is seeking to purchase a property in order to rent it out (in which case the lender will consider factors such as the expected rental income and tenant quality in order to make an offer.) These are mortgages designed for experienced landlords with a track record in the field due to their higher risk profile. 2. Owner-occupied commercial mortgages: These are for clients that will operate their businesses in the premises against which they are securing the mortgage. These types of mortgage tend to be simpler to organise due to the lower degree of risk. ![Commercial mortgage property finance 1200x900 1](https://www.hankzarihs.com/wp-content/uploads/2025/05/commercial_mortgage_property_finance-1200x900-1-1024x768.jpg "commercial_mortgage_property_finance-1200x900 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") H.Z.A ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Why choose Hank Zarihs Associates? At Hank Zarihs Associates we pride ourselves on offering excellent value to our clients. Just some of the reasons to use us include: ### Exclusive rates and partnerships with lenders Access to the best deals on the market; most of which simply aren’t available on a direct basis. ### Tailored Rates and Advice Tailored advice and a totally transparent information service, so you always have confidence in the financial products that you secure via our brokerage service. ### Systems and processes in place to speed up the process A slick, efficient process for the fastest possible access to the commercial mortgage deal you need ### Superior Service A superb service and an emphasis on long-term relationships for maximum value; we are proud to work with our clients on a repeat basis, really getting to understand their businesses, ambitions and projects so that we can recommend the best financial products over time as they grow. ### Apply for a Commercial mortgage loan Ready to apply for a mortgage mortgage? We work with a tried and trusted panel of lenders who are actively lending. The deals that we can recommend to our clients are updated daily, so you have complete peace of mind that you are receiving details of the best possible commercial finance products on the market in real-time. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) ### Use our commercial mortgage calculator Our commercial mortgage calculator makes it easy for you to compare commercial property mortgages and to get a sense of your monthly repayments and overall costs. Simply enter the basic fields onto our web page and our online commercial mortgage calculator will do the hard work for you. For a tailored, accurate illustration of your likely monthly repayments, please contact our team who will submit your needs to our lending panel – on an entirely no-obligation basis. ![Tag image](https://www.hankzarihs.com/wp-content/uploads/2025/04/tag-image.svg "tag-image - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### What are the fees?. There are various fees involved in commercial mortgages which reflect the complexity, size and commercial nature of these types of transaction. [ Schedule a Meeting Now ](#book-a-call-today) [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) ### Valuation Fees This is required by the lender to ascertain the objective value of the property which is being lent against. The fee will depend on whether a basic valuation or a full structural survey is required. ### Arrangement Fees This is the fee charged for arranging the mortgage and it is likely to be 0.5% to 1.5% of the overall mortgage value. The arrangement fee can usually be added to the mortgage itself. ### New Build Redemption Penalty Most commercial mortgages have a redemption penalty that applies to the first 3-5 years of the mortgage, which means that you will pay a fee if you clear the mortgage off early. Think of it as an early repayment charge. ### Legal & Professional Fees Details of these fees will be provided by the lender/broker before the mortgage is arranged. At Hank Zarihs we provide a full schedule of fees for complete transparency. ### Things to Consider These fees are in addition to the mortgage interest rate which will vary according to the lender and other factors such as the size of your deposit or equity (LTV). The larger the loan sum and loan term, the lower the likely interest rate. ##### WE WILL FUND YOUR PROJECT! ## Book a Call Today Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - Appointments 7 days a week - From 7am till 10pm - No obligation - Terms issued within minutes - Friendly and experienced advisors - Ask all the questions you need! ### What type of properties can you buy with commercial finance Commercial finance is flexible and designed to cover the cost of buying or remortgaging an array of commercial properties, for example: - Office building - Warehouses - Hotels and guest houses - Pubs - Factories - Farms - Schools - Care homes - Sporting clubs - Land There are also mortgages for semi-commercial properties, which could be a shop with a residential flat above it, for example. ## What are the benefits of a commercial mortgage? ### Better interest rates Commercial property mortgages tend to have lower interest rates when compared against other loan types. They also allow businesses to forecast cashflow more accurately due to their fixed monthly payments. ### An asset on the books Similarly, by purchasing the property in which it operates, a business gains an asset for its balance sheet. When renting property, the business merely pays off someone else’s mortgage with nothing to show for it. ### Grow income There are potential income gains too, as properties bought by the business may have surplus space or land which can be let for income. ### Capital gains advantages Property tends to rise in value over time, so by securing a commercial mortgage, the client can invest in an asset which is likely to grow – building its capital position in the process. ### Control When a business rents it property it lacks control over the way that it can use, maintain and present that building to its staff, customers and other stakeholders. But when it buys that property, it can gain that control. ### Serving customers all over the UK Hank Zarihs Associates works across the entire of the UK, providing a top-quality brokerage service to individuals, landlords, investors and companies looking for commercial mortgages. We provide access to financial products for all kinds of property, asset and business finance, according to each client’s needs, and we work on a long-term relationship business; often securing ongoing finance deals for our clients over time as their projects and ambitions evolve. ### To find out how we can help today! Our team are on hand to offer you the advice and brokerage service that you need for rapid access to the best commercial mortgage deals on the market. We only need to take basic information to submit to our lending panel for their consideration and we can return tailored deals to you within the hour. Once you have chosen your preferred mortgage, simply instruct us to take the process forward for you. We handle the administration and the hard work so that your chosen finance can be arranged quickly, efficiently and without any hassle; allowing you to focus on your property portfolio. ##### Can you get a mortgage on a commercial property? ## Frequently Asked Questions Frequently Asked Questions Commercial Mortgage Can you get a mortgage on a commercial property? Yes, however, these kinds of mortgage are specialist and generally not available from high street banks in a way that a residential mortgage would be available to a homeowner. This market is more complex which is why many lenders prefer to work with the expertise of a mortgage brokerage service. What does a commercial loan broker do? A commercial loan broker exists to find you the best possible commercial property loan for your needs and situation. Hank Zarihs Associates work with our clients to understand their requirements, help to complete all necessary paperwork and then liaise with our panel of trusted mortgage providers to receive the best deals on the markets – all tailored to each client’s requirements. As a commercial loan broker, we provide access to the mortgage deals you can’t get on the open market, highly competitive rates for relevant products from trusted lenders, and a swift, efficient application process which we manage for you. How long is a commercial mortgage? The term of a commercial mortgage will depend on the client’s needs and other factors, but it will typically last for 3-25 years and can take over where shorter bridging finance or other deals end. How much deposit do I need for a commercial mortgage? This will depend on the lender’s own requirements. Is it Possible to Get a 100% LTV Commercial Mortgage? The maximum borrowing for commercial mortgages tends to be around 75% LTV. Because of the costs involved with commercial mortgages, most applicants will only use them for projects which require at least £75,000, and often far higher sums. Some lenders will also have minimum loan requirements. Some lenders may offer 100% LTV mortgages where the business applicant has other forms of security, however, the interest rates will reflect the higher rate of risk involved. To learn more use our [LTV calculator](/ltv-calculator/) today! ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Your Success, Our Story [ ![Trustpilot](https://www.hankzarihs.com/wp-content/uploads/2024/09/Trustpilot.png "Trustpilot - Bridging and Development Finance Solutions")](https://uk.trustpilot.com/review/hankzarihs.com) [ ![Google r](https://www.hankzarihs.com/wp-content/uploads/2025/04/Google-r-1024x524.png "Google-r - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### 600+ ##### HAPPY CLIENTS #### £1B+ ##### DEALS FUNDED ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! [ Check out our Case Studies ](/case-studies/) ##### AREAS WE COVER ## Areas We Have Helped Clients for Auction Finance Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - [ Birmingham ](/birmingham/) - [ Bournemouth ](/bournemouth/) - [ Brighton ](/brighton/) - [ Bristol ](/bristol/) - [ Cardiff ](/cardiff/) - [ Coventry ](/coventry/) - [ Derby ](/derby/) - [ Edinburgh ](/edinburgh/) - [ Glasgow ](/glasgow/) - [ Leeds ](/leeds/) - [ Leicester ](/leicester/) - [ Liverpool ](/liverpool/) - [ London ](/london/) - [ Manchester ](/manchester/) - [ Middlesbrough ](/middlesbrough/) - [ Newcastle ](/newcastle/) - [ Northampton ](/northampton/) - [ Poole ](/poole/) - [ Portsmouth ](/portsmouth/) - [ Plymouth ](/plymouth/) - [ Reading ](/reading/) - [ Sheffield ](/sheffield/) - [ Southampton ](/southampton/) - [ Stoke ](/stoke/) - [ Wolverhampton ](/wolverhampton/) **Tags:** Transparent Header --- ### [Commercial bridging loans](https://www.hankzarihs.com/commercial-bridging-loans/) **Published:** May 22, 2025 **Author:** Shiraz Khan **Content:** # Commercial bridging loans . If you’re looking to purchase a property at auction – perhaps to refurbish, or to acquire the land to build upon – then you may need finance to complete the transaction. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### Lending up to 75% #### Minimum Term 1 Year #### Rates from 5% #### Interest Charged Daily #### Max Term 25 Years #### Minimum loan £250k #### Maximum Laon £100M+ #### Valuation OMV #### Table of Contents The market for commercial bridging loans and financing has expanded significantly in recent years due to the government successively introducing new legislation to make it easier for developers to acquire land to build houses on. Commercial bridging loans and [bridging loans](/bridging-loan-broker/) more generally have therefore become an easier form of financing to access. In the commercial market it tends to cater more towards commercial borrowers and businesses with bridging loans, as bridging loans tend to be the most suitable option. With the government’s pledge to build hundreds of thousands of new property each year it was necessary for them to make the process of purchasing and developing land easier as well as the planning process. In the commercial loan space it would appear that a bridging loan has become the most popular of the options available to developers due to its flexibility and relative speed when it comes to accessing quick finance. The very nature of property development is one of speed and uncertainty which means that often, developers and clients need quick access to a loan or funds. ![Commercial mortgage lending for property investors 768x512 1](https://www.hankzarihs.com/wp-content/uploads/2025/05/commercial_mortgage_lending_for_property_investors-768x512-1.jpg "commercial_mortgage_lending_for_property_investors-768x512 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ## What is a commercial bridging loan? Bridging loans of this type are especially popular with commercial property developers as they’re specialised and designed specifically for these types of projects. Most of our panel of lenders are highly experienced in this type of finance and, as such, are able to approve applications for bridging loans as quickly as possibly in comparison to other types of commercial lender who may need to see lots of paperwork and admin. For example, when applying for a mortgage this can be a lengthy and stressful process, whereas bridging loans can often offer a perfect solution to this. ## Why should I use this type of bridging loan? A commercial bridging loan is quite simply a short term lending option that is secured against commercial property or development land or farmland. It’s a specific kind of lending facility designed for commercial developers that allows them the flexibility to raise funds quickly and relatively hassle free compared to other options. Often this money is used to develop the land or building to a specification that will then qualify for a commercial mortgage. It also allows borrowers to use this type of lending to raise large amounts of cash, with many of our panel of lenders willing to lend upwards of £15,000,000 depending on your circumstances. H.Z.A ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Why choose Hank Zarihs Associates? Hank Zarihs Associates are specialist and highly-experienced intermediaries in the commercial finance and investment funding industry. We work with a tried and tested panel of specialist commercial mortgage funders with an excellent track record in the market, who can offer high leverage and gearing. ### An excellent track record With our knowledge and experience, we are able to present lending cases to our panel in a format which is most likely to increase your chances of being offered attractive commercial finance. By following a comprehensive due diligence process with each client we make it possible to find the right mortgage loan in the UK, quickly and efficiently – from the right lender. ### Relationship-building We’re also proud to work with most of our clients on a repeat business basis – by proving the value of our service at every turn and by building long-term relationships with our developer clients. Whatever your level of experience, size of project or development loan need, you can be guaranteed of a superb experience with the team of friendly and helpful experts at Hank Zarihs Associates. ### Adding value What’s more, we are able to add value at every step of the process, with in-depth knowledge and guidance, designed to help our clients match up with the right lender, for the ideal loan. We recognise that development loans are usually large and complex, so our service ensures that clients are best placed for acceptance from our lending panel. ### Helping you save more We can save you money too, as we work with property development finance lenders who offer specific deals on bridging finance for intermediaries – meaning that our clients can access even more attractive deals on their borrowing – with our help, expertise and support at every step of the way. ### Apply for a property development loan Ready to apply for development finance UK? We work with a tried and trusted panel of development lenders who are actively lending. The deals that we can recommend to our clients are updated daily, so you have complete peace of mind that you are receiving details of the best possible development finance products on the market in real-time. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) ## Check out our commercial finance calculator Our clients like to be able to see what they could potentially borrow with commercial finance or a bridging loan, and so we’ve put together a bridging finance calculator for you to give you a better idea of what you might qualify for. If you’d like to use our quick lending calculator simply enter the type of property you’re looking to buy, followed by the property price and then the term of the loan. If you want to use the manual version then you just need to enter all those details and, added to that, Loan To Value % (LTV), Rate %, Lender Fee % and the Exit Fee %. ![Tag image](https://www.hankzarihs.com/wp-content/uploads/2025/04/tag-image.svg "tag-image - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### Benefits for property developers There’s a few reasons that commercial bridging finance is popular with developers, especially as the market for this type of bridging loan has grown markedly recently. As we know from our clients and panel of lenders, what was once considered something of a niche product is now being used by more and more developers. [ Schedule a Meeting Now ](#book-a-call-today) [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) ### Low interest rate loans Finance Relatively speaking this commercial lending is very reasonable in terms of interest with rates as low as as 0.43% per month, and this isn’t a fee that you usually have to service on a monthly basis. ### Commercial property mortgagaes This type of commercial bridging loan can usually be secured against a number of types of commercial property, although most frequently these bridging loans are secured against land, industrial estates or farm land. You can also discuss with our brokers if there’s another type of security or asset that you’d like to be considered and they may be able to arrange to have this valued for you and give advice on whether it’s likely to be accepted. ### Flexible lending terms Finance For a commercial bridging loan most of our panel of lenders will usually treat each application on its individual merits and this means that it depends on your circumstances what sort of lending terms will be offered. Broadly speaking, it will depend on your deposit and track record but lending terms can vary from 1 to 24 months and interest is dependent. ### Various development types considered Commercial bridging loan is a broad term and can encompass a number of projects, and can also be used for things like cashflow, purchasing property, renovation and restoration or business expansion. ### Quick commercial finance We know from dealing with thousands of clients over the years that commercial development and property development more generally can be an unpredictable business and this means that, more often than not, investors need commercial lending as quickly possible. With this type of bridging loan on a property we can get you funding in as quickly as 72 hours. ##### WE WILL FUND YOUR PROJECT! ## Book a Call Today Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - Appointments 7 days a week - From 7am till 10pm - No obligation - Terms issued within minutes - Friendly and experienced advisors - Ask all the questions you need! ## Interest rates for bridging on commercial and semi-commercial property Interest rates on this type of bridging loan can vary depending on a multitude of factors including the term of the commercial bridging loan, the deposit you have available and your track record of delivering on property development. As we have many years worth of experience in the bridging loan industry we have built a number of exclusive relationships with lenders who know that we always deliver high quality applications that meet their standards. If you have a portfolio of completed works then this will hold you in good stead as our panel of lenders may ask to see your portfolio. Ultimately, it will depend on your risk profile as to whether our panel fund your property or bridging loan. They will consider your proposal and what your exit strategy looks like for repaying the loan on time. If they think that your history and plan look good then it’s likely that they’ll agree to fund your property or bridging loan. Investors often our experienced [bridging loan brokers](/bridging-loan-broker/) as they’re able to help them at length with their property projects and bridging loan applications. They’re able to help you find out what sort of interest rates you may qualify for depending on your circumstances. ## What can commercial bridging loans be used for? Most people use these types of bridging loans to fund property projects, usually in a commercial capacity. The actual definition of that can be quite wide ranging and the money can be used to fund a multitude of things such as cashflow, purchasing property, renovation and restoration or business expansion. In terms of security you’re likely to need a commercial property or other existing property to offer as an asset and security for the loan. Once you’ve met the criteria for bridging loans, the lender will likely ask you for some kind of business plan or description of what you intend to use the money for. They’ll want to know, for example, whether you want to use the money for building materials, how much you intend to spend and on what. They’ll then want to know, for example, once you’ve used those building materials at what point your property will then be ready for a mortgage and, subsequently, repaying your bridging loan. Again, however, our panel of lenders are experienced and take each case on its own individual merits so the best advice we can give at this point is to speak to a broker who can discuss this at further length with you. They’ve helped to fund millions of pounds worth of property projects over the years and they’re more than happy to go over the details of your application with you. ##### WHAT IS BRIDGING FINANCE? ## Bridging Finance & How does it work? Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ What is bridging finance & how does it work? You may have heard about bridging loans in the context of property investment or moving house, but what exactly are they? Basically, [bridging finance](/fast-bridging-finance/) is a type of short-term loan that allows a buyer to purchase a property before their existing home or investment property is sold. As the name suggests, it ‘bridges’ the funding gap in the lag between purchase and sale – offering rapid access to the necessary purchase funds for a brief period of time. Borrowers can access from £5,000 to £250 million, depending on applicant status, the value of the property and other lender criteria. Higher lending amounts are typically reserved for borrowers who can put up several properties as security. Quotes are provided on a Loan to Value (LTV) of 65%-80% in most situations. What are the typical uses of bridging loans? Bridging loans can be used in a number of situations. For example: 1. When people are moving home in a chain, with a gap between completion dates (e.g. needing to pay for the new property before receiving funds on the completed old property). 2. When property investors or private buyers renovate a home and want a rapid sell-on. 3. When an individual is looking to buy a property at an auction. 4. When property investors and developers are looking to pay a tax bill 5. When buyers want to secure finance against an uninhabitable property. This type of finance can be used by homeowners, landlords and property developers alike. Are bridging loans a good idea? The bridging finance market has grown rapidly, with a number of small and focused lenders now on the market, catering for specialist property finance needs. The market has changed because large high-street lenders have become less willing (and sometimes less able) to lend ever since the financial crisis of 2008. As to whether a bridging loan for property development, auction purchase or private home buying is a good idea, it depends on a variety of factors. Bridging loan requirements vary by lender, but each will have certain common features that need to be considered. The most notable feature of this type of finance is that the interest rate is likely to be high. At the same time, there are typically high administration fees applied to the loan. Because of this, it is essential to proceed very carefully and with a full view of the facts. Borrowers have been burned by this type of loan in the past, in instances where transactions have fallen through, or where lenders have turned out to be unscrupulous and untrustworthy. What are the various pros and cons of bridging finance? Benefits of instant bridging loans 1\. Rapid access to money 2\. Ability to borrow large sums – often up to £250 million depending on applicant status 3\. Options for flexible borrowing. Possible downsides of bridging loans: 1\. Failure to understand the unique features of these loans can result in financial risk 2\. Bridging finance is secured against your property; meaning it can be sold if you can’t meet the repayment terms 3\. A costly option with fees and higher interest What is the interest rate on a bridging loan? Bridging finance interest rates will vary by lender. However, interest costs of 1.5% a month are not unusual, which can equate to an annual percentage rate of 18%. Fixed or variable rate? Bridging loans may have fixed or variable interest rate features. Fixed interest rates are ideal for customers who want stability, as they offer the same amount of interest for the duration of the term. The rate is pre-agreed, but there may be a premium for this security. The other choice is to have a variable rate bridging loan which can change with the base rate. However, you can save money if the base rate decreases. Borrowers who are less concerned about security sometimes prefer the variable rate option if they believe that the financial markets will travel in their favour. Knowledge and market insight is required here, along with a thorough understanding of personal risk tolerance. If interest rates appear to be rising, most customers will choose the fixed interest rate to lock it in and avoid further increases in the event of a base rate rise. Repaying interest on a bridging loan? Bridging loan periods tend to be for several months and there are usually different options for paying the interest portion. Monthly repayments The customer repays the interest every month as a separate payment, rather than adding it to the outstanding balance Rolled-up bridging finance deals The compound interest is calculated monthly but added to the outstanding loan balance and paid together when repayment is due. Retained interest The monthly interest payment due is covered up to a predefined date so that the full sum is only repaid when monies are due. Fees and other costs? As well as interest payments, there will be an arrangement fee for the set-up of the bridging loan, which is usually around 1-2%. A repayment fee for exit paperwork may also apply, along with valuation fees for the cost of the surveyor. How long can you have a bridging loan for? Remember, this type of finance is designed to be short-term. As soon as it extends beyond the agreed interim or bridging period, penalties can rapidly stack up. Typically, bridging finance is available for 1 – 18 months. Are there different types of bridging loan? Yes, there are two broad types: closed bridging finance and open bridging finance. With closed bridging finance you will tell the lender how you will repay the loan – with what funds and when. These loans usually complete within a few months and the clear exit plan is required as a lending condition. Open bridge finance won’t usually need this type of exit plan, and it is typically the loan of choice when funds are needed urgently to complete a property transaction. No detailed plan is needed to explain how the debt will be settled, and the finance tends to be offered for up to a year. Of course, it’s important to note that interest will keep being applied throughout this period. There are also first charge bridging loans and second charge bridging loans. If you have a loan against a property which is already mortgaged, you’d take out a second charge loan. An example of this would be if you were planning to finance a property extension to improve the property. The categorisation tells the lenders who will have legal priority for repayment if the loan was unable to be paid off at the term-end. First charge loans apply if the new loan is the first secured on the property. Can I get a bridging loan? Bridging loan requirements will depend on the lender. Often, lenders will require that: Customers must also take out their property mortgage with them too, providing the bridge finance as an interim measure before the standard mortgage comes into play. Property is put forward as security against the loan. Some lenders expect applicants to have more than one property in order to be eligible for their bridging finance products, but this will depend on the lender and the size of the loan. Applicants show proof of income – although, interestingly, as loan interest isn’t repaid monthly, some lenders do not request this. The applicant shows evidence of their property investment track record if they are planning to develop their purchased property. The applicant can show a business plan if they are using the bridging loan for commercial purposes. What are the alternatives to bridging loans? Development loans are another type of short-term property development loan. They are repaid in stages and calculated on the gross value of the development. Personal loans are another option, as are remortgages when timescales are more flexible and a long-term loan is desirable. Tips for success when applying for instant bridging loans? Use a bridge loan calculator Ask for your lender to provide a tailored bridge finance example or illustration around your particular borrowing needs. Think carefully about the type of bridging loan that you need – whether open bridge finance or closed bridge finance. Know whether the loan is a first or second charge type. Clarify whether the interest rate is fixed or variable. Review products from several lenders. Be clear on your security. Read the small print! Who provides bridging finance? Bridging loans are offered by banks, building societies, specialist lenders and brokers. They aren’t widely advertised and usually require a direct application by the customer to find out the product features and offers. Once you have made an application, a decision will usually be made within 24 hours. The funds then will take around two weeks to be issued, including time for checks to be carried out, the valuation and the actual transfer. Keen to find out more? Hank Zarihs are highly experienced and specialist financial intermediaries operating in the property development market. We work with a tried and tested panel of over 60 trusted lenders and can provide excellent bridging finance with attractive features. Contact us to find out more. ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Your Success, Our Story [ ![Trustpilot](https://www.hankzarihs.com/wp-content/uploads/2024/09/Trustpilot.png "Trustpilot - Bridging and Development Finance Solutions")](https://uk.trustpilot.com/review/hankzarihs.com) [ ![Google r](https://www.hankzarihs.com/wp-content/uploads/2025/04/Google-r-1024x524.png "Google-r - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### 600+ ##### HAPPY CLIENTS #### £1B+ ##### DEALS FUNDED ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! [ Check out our Case Studies ](/case-studies/) ##### AREAS WE COVER ## Areas We Have Helped Clients for Auction Finance Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - [ Birmingham ](/birmingham/) - [ Bournemouth ](/bournemouth/) - [ Brighton ](/brighton/) - [ Bristol ](/bristol/) - [ Cardiff ](/cardiff/) - [ Coventry ](/coventry/) - [ Derby ](/derby/) - [ Edinburgh ](/edinburgh/) - [ Glasgow ](/glasgow/) - [ Leeds ](/leeds/) - [ Leicester ](/leicester/) - [ Liverpool ](/liverpool/) - [ London ](/london/) - [ Manchester ](/manchester/) - [ Middlesbrough ](/middlesbrough/) - [ Newcastle ](/newcastle/) - [ Northampton ](/northampton/) - [ Poole ](/poole/) - [ Portsmouth ](/portsmouth/) - [ Plymouth ](/plymouth/) - [ Reading ](/reading/) - [ Sheffield ](/sheffield/) - [ Southampton ](/southampton/) - [ Stoke ](/stoke/) - [ Wolverhampton ](/wolverhampton/) **Tags:** Transparent Header --- ### [Buy To Let Portfolio Mortgages](https://www.hankzarihs.com/buy-to-let-portfolio-mortgages/) **Published:** May 23, 2025 **Author:** Shiraz Khan **Content:** # Buy To Let Portfolio Mortgages . If you’re looking to purchase a property at auction – perhaps to refurbish, or to acquire the land to build upon – then you may need finance to complete the transaction. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### Lending up to 75% #### Minimum Term 1 Year #### Rates from 5% #### Interest Charged Daily #### Max Term 25 Years #### Minimum loan £250k #### Maximum Laon £100M+ #### Valuation OMV #### Table of Contents It would be fair to describe the Buy-To-Let market in the UK to be experiencing a kind of resurgence of types. Landlords and investors, at one point, were considering pulling away from the buy-to-let market in large numbers, however, that seems to have changed markedly in recent years. Despite a pandemic economy and a recession in 2020, the market rebounded to grow significantly throughout the year and beyond, and this has once again attracted landlords and investors back into the market. It’s also thanks, in many ways, to the government making UK property a central plank of their economic strategy throughout the year which has meant that tax breaks, economic policy and focus have allowed things to flourish, with prices, rents and demand all growing along with yields too. With that in mind, many landlords have actually been growing their property or investment portfolio over these past 12 months, and that’s meant that we’ve been getting a lot of queries about mortgage options for multiple properties, so we’ve put together a short guide for Buy To Let portfolio mortgages. ![Porfolio buy to let mortgages](https://www.hankzarihs.com/wp-content/uploads/2025/05/porfolio_buy_to_let_mortgages-1024x769.jpg "porfolio_buy_to_let_mortgages - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ## What is portfolio finance? As opposed to a singular buy to let mortgage, this type of mortgage finance allows you to cover all of your properties if you have multiple investment properties. Rather than, say, having three different mortgages on three different properties with three different providers, you would bring them all under one umbrella, with one payment and one provider. There are obvious advantages to this type of buy to let mortgage arrangement, rather than having multiple arrangements, and the main one is that it makes things much easier in terms of admin and organisation. The portfolio of investment properties needs to be registered as a limited company and finances and accounts are filed as they would be with any other business. As a property investment company, a buy to let mortgage provider would expect a landlord to have a minimum of four properties to be eligible for a portfolio buy-to-let mortgage. H.Z.A ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Why choose Hank Zarihs Associates? ### We work with the best portfolio mortgage lenders Due to years in the industry we’ve managed to build a large and extensive portfolio of lenders and mortgage providers, many that you’re unable to access through traditional means or if you were to approach them individually. We work with banks, investors, pension schemes and other investment vehicles that simply aren’t available anywhere else, and we operate a preferred partner scheme with many of them meaning we can offer you exclusive rates and terms. If you’re looking for a portfolio mortgage, then there really isn’t anywhere else that can get access to such a wide variety of lenders. ### Lending Criteria In terms of the criteria that lenders will require you to meet, again this will vary depending on the finance provider, however, more generally you’ll be expected to meet a few conditions. - Minimum 24 months experience as a landlord - A maximum of about 10 mortgaged buy to let properties - Maximum Loan to Value (LTV) across the portfolio of 75% - Personal income not accepted - Business plan required ### Apply for a property development loan Ready to apply for development finance UK? We work with a tried and trusted panel of development lenders who are actively lending. The deals that we can recommend to our clients are updated daily, so you have complete peace of mind that you are receiving details of the best possible development finance products on the market in real-time. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) ## Portfolio mortgage calculator To give you a better idea of what getting this type of mortgage may entail, we’ve put together a calculator for you to play around with. It will allow you to change the rate, the length of repayment, the amount you want to borrow and the amount of your deposit. This will give you a good illustration of what to expect if you qualify for one of these **mortgages**. ![Tag image](https://www.hankzarihs.com/wp-content/uploads/2025/04/tag-image.svg "tag-image - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### Benefits of buy to let portfolio financing? To give you a bit more information about why so many of our clients prefer to take out a portfolio mortgage rather than separate mortgages, we’ve put a list together of the main advantages to taking out buy-to-let mortgages of this kind: [ Schedule a Meeting Now ](#book-a-call-today) [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) ### Easier property management It goes without saying that from a management perspective it’s much easier to manage your portfolio of properties when they’re all mortgaged with the same lender. It makes it easier to organise your finances, set a fixed rate for all of them, and to set fixed longer term payments so that there’s no nasty surprises. It also makes it easier for tax purposes and filing accounts as you’re not having to file receipts for multiple different finance arrangements. ### Mortgage Tax Benefits Some years ago, the government removed the tax benefits of being able to deduct mortgage interest from your tax returns. This, in turn, made running a portfolio more expensive and meant that a lot considered moving out of the buy to let market altogether, however, this only affects private landlords. As a business and limited company with a portfolio buy to let mortgage, you’re free to try and deduct the mortgage interest from your tax returns, however, it’s always worth consulting a property tax expert. ### Extra support from mortgage lenders Because you’ll be dealing with specialist mortgage lenders, they offer much more support in terms of helping you assess your portfolio moving forward, the general management and updating your finances. For example, as a company with a portfolio of more than 4 properties, you’ll be subject to a stress test which takes into account your experience, details of your existing mortgages, your assets and tax liabilities, your cash flow, and your income. They also offer advice and guidance. ### Flexible mortgage terms Because these types of mortgages that are buy to let are more complicated, lenders tend to offer fairly flexible terms to their borrowers to make them easier to manage and to be able to flex them around what you need and what you’d require. Many, for example, offer fixed rate mortgages for anywhere between 2 and 25 years. They also offer preferential terms depending on experience and your portfolio, and many will allow some early repayments, as well as allowing you to sell or add further properties down the line. ### Bad credit considered for portfolio mortgages One of the good things about mortgages for a buy to let portfolio is that, whilst important, your personal credit rating isn’t the most important thing in your application and, in fact, lenders are much more interested in the overall health of your property portfolio, their profits, rents and your performance as a landlord. If you’ve got adverse or bad credit on your credit history then fear not, lenders will still broadly consider you for their products and help you out. ##### WE WILL FUND YOUR PROJECT! ## Book a Call Today Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - Appointments 7 days a week - From 7am till 10pm - No obligation - Terms issued within minutes - Friendly and experienced advisors - Ask all the questions you need! ### Are portfolio loans a good idea for landlords? This will always depend, ultimately, on your own circumstances, however, broadly speaking it’s usually a good idea for landlords to bring all their investment properties into line with each other under the same lending portfolio. It makes things easier, it’s more tax effective and it also means you pay a consistent rate (often less) across all your properties. It can also avoid disparities between the equity you hold across properties and bring them into line with each other. Broadly speaking they are a good idea, but as always, we would always recommend you speak to a broker. ## Documents we will need from the landlord Of course, as with any financial application, there is some admin and paperwork you’ll need to complete. In order to be considered and accepted with your application, you’ll need some things. - You’ll need to present your lenders with a business plan that outlines your current situation and what your plans are moving forward to maximise your profits, whether you intend to grow your **portfolio**, etc. - Secondly, you’ll need to provide a property schedule, which is a breakdown of the properties you own, how much the rent is, what the maintenance costs are, etc. - You may also need to provide proof of address, proof of ID and, also, proof of your income. ### Portfolio mortgage rates Of course, rates will vary between lenders, and it’s true that you’ll pay different rates depending on your experience, the size of your portfolio and what your income looks like. There are many different variables that can affect your rate, however, you should expect to pay somewhere between 1.5% and 5% per year. ### Speak to our buy to let loan brokers today Our brokers are highly experienced professionals with lots of experience in the industry ready and willing to help you out from the start of the process to the finish. They can talk you through your portfolio and quickly get you an answer on what you may qualify for and what you’re eligible for, so why not pick up the phone or drop us an email? ##### WHAT IS BRIDGING FINANCE? ## Bridging Finance & How does it work? Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ What is bridging finance & how does it work? You may have heard about bridging loans in the context of property investment or moving house, but what exactly are they? Basically, [bridging finance](/fast-bridging-finance/) is a type of short-term loan that allows a buyer to purchase a property before their existing home or investment property is sold. As the name suggests, it ‘bridges’ the funding gap in the lag between purchase and sale – offering rapid access to the necessary purchase funds for a brief period of time. Borrowers can access from £5,000 to £250 million, depending on applicant status, the value of the property and other lender criteria. Higher lending amounts are typically reserved for borrowers who can put up several properties as security. Quotes are provided on a Loan to Value (LTV) of 65%-80% in most situations. What are the typical uses of bridging loans? Bridging loans can be used in a number of situations. For example: 1. When people are moving home in a chain, with a gap between completion dates (e.g. needing to pay for the new property before receiving funds on the completed old property). 2. When property investors or private buyers renovate a home and want a rapid sell-on. 3. When an individual is looking to buy a property at an auction. 4. When property investors and developers are looking to pay a tax bill 5. When buyers want to secure finance against an uninhabitable property. This type of finance can be used by homeowners, landlords and property developers alike. Are bridging loans a good idea? The bridging finance market has grown rapidly, with a number of small and focused lenders now on the market, catering for specialist property finance needs. The market has changed because large high-street lenders have become less willing (and sometimes less able) to lend ever since the financial crisis of 2008. As to whether a bridging loan for property development, auction purchase or private home buying is a good idea, it depends on a variety of factors. Bridging loan requirements vary by lender, but each will have certain common features that need to be considered. The most notable feature of this type of finance is that the interest rate is likely to be high. At the same time, there are typically high administration fees applied to the loan. Because of this, it is essential to proceed very carefully and with a full view of the facts. Borrowers have been burned by this type of loan in the past, in instances where transactions have fallen through, or where lenders have turned out to be unscrupulous and untrustworthy. What are the various pros and cons of bridging finance? Benefits of instant bridging loans 1\. Rapid access to money 2\. Ability to borrow large sums – often up to £250 million depending on applicant status 3\. Options for flexible borrowing. Possible downsides of bridging loans: 1\. Failure to understand the unique features of these loans can result in financial risk 2\. Bridging finance is secured against your property; meaning it can be sold if you can’t meet the repayment terms 3\. A costly option with fees and higher interest What is the interest rate on a bridging loan? Bridging finance interest rates will vary by lender. However, interest costs of 1.5% a month are not unusual, which can equate to an annual percentage rate of 18%. Fixed or variable rate? Bridging loans may have fixed or variable interest rate features. Fixed interest rates are ideal for customers who want stability, as they offer the same amount of interest for the duration of the term. The rate is pre-agreed, but there may be a premium for this security. The other choice is to have a variable rate bridging loan which can change with the base rate. However, you can save money if the base rate decreases. Borrowers who are less concerned about security sometimes prefer the variable rate option if they believe that the financial markets will travel in their favour. Knowledge and market insight is required here, along with a thorough understanding of personal risk tolerance. If interest rates appear to be rising, most customers will choose the fixed interest rate to lock it in and avoid further increases in the event of a base rate rise. Repaying interest on a bridging loan? Bridging loan periods tend to be for several months and there are usually different options for paying the interest portion. Monthly repayments The customer repays the interest every month as a separate payment, rather than adding it to the outstanding balance Rolled-up bridging finance deals The compound interest is calculated monthly but added to the outstanding loan balance and paid together when repayment is due. Retained interest The monthly interest payment due is covered up to a predefined date so that the full sum is only repaid when monies are due. Fees and other costs? As well as interest payments, there will be an arrangement fee for the set-up of the bridging loan, which is usually around 1-2%. A repayment fee for exit paperwork may also apply, along with valuation fees for the cost of the surveyor. How long can you have a bridging loan for? Remember, this type of finance is designed to be short-term. As soon as it extends beyond the agreed interim or bridging period, penalties can rapidly stack up. Typically, bridging finance is available for 1 – 18 months. Are there different types of bridging loan? Yes, there are two broad types: closed bridging finance and open bridging finance. With closed bridging finance you will tell the lender how you will repay the loan – with what funds and when. These loans usually complete within a few months and the clear exit plan is required as a lending condition. Open bridge finance won’t usually need this type of exit plan, and it is typically the loan of choice when funds are needed urgently to complete a property transaction. No detailed plan is needed to explain how the debt will be settled, and the finance tends to be offered for up to a year. Of course, it’s important to note that interest will keep being applied throughout this period. There are also first charge bridging loans and second charge bridging loans. If you have a loan against a property which is already mortgaged, you’d take out a second charge loan. An example of this would be if you were planning to finance a property extension to improve the property. The categorisation tells the lenders who will have legal priority for repayment if the loan was unable to be paid off at the term-end. First charge loans apply if the new loan is the first secured on the property. Can I get a bridging loan? Bridging loan requirements will depend on the lender. Often, lenders will require that: Customers must also take out their property mortgage with them too, providing the bridge finance as an interim measure before the standard mortgage comes into play. Property is put forward as security against the loan. Some lenders expect applicants to have more than one property in order to be eligible for their bridging finance products, but this will depend on the lender and the size of the loan. Applicants show proof of income – although, interestingly, as loan interest isn’t repaid monthly, some lenders do not request this. The applicant shows evidence of their property investment track record if they are planning to develop their purchased property. The applicant can show a business plan if they are using the bridging loan for commercial purposes. What are the alternatives to bridging loans? Development loans are another type of short-term property development loan. They are repaid in stages and calculated on the gross value of the development. Personal loans are another option, as are remortgages when timescales are more flexible and a long-term loan is desirable. Tips for success when applying for instant bridging loans? Use a bridge loan calculator Ask for your lender to provide a tailored bridge finance example or illustration around your particular borrowing needs. Think carefully about the type of bridging loan that you need – whether open bridge finance or closed bridge finance. Know whether the loan is a first or second charge type. Clarify whether the interest rate is fixed or variable. Review products from several lenders. Be clear on your security. Read the small print! Who provides bridging finance? Bridging loans are offered by banks, building societies, specialist lenders and brokers. They aren’t widely advertised and usually require a direct application by the customer to find out the product features and offers. Once you have made an application, a decision will usually be made within 24 hours. The funds then will take around two weeks to be issued, including time for checks to be carried out, the valuation and the actual transfer. Keen to find out more? Hank Zarihs are highly experienced and specialist financial intermediaries operating in the property development market. We work with a tried and tested panel of over 60 trusted lenders and can provide excellent bridging finance with attractive features. Contact us to find out more. ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Your Success, Our Story [ ![Trustpilot](https://www.hankzarihs.com/wp-content/uploads/2024/09/Trustpilot.png "Trustpilot - Bridging and Development Finance Solutions")](https://uk.trustpilot.com/review/hankzarihs.com) [ ![Google r](https://www.hankzarihs.com/wp-content/uploads/2025/04/Google-r-1024x524.png "Google-r - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### 600+ ##### HAPPY CLIENTS #### £1B+ ##### DEALS FUNDED ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! [ Check out our Case Studies ](/case-studies/) ##### AREAS WE COVER ## Areas We Have Helped Clients for Auction Finance Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - [ Birmingham ](/birmingham/) - [ Bournemouth ](/bournemouth/) - [ Brighton ](/brighton/) - [ Bristol ](/bristol/) - [ Cardiff ](/cardiff/) - [ Coventry ](/coventry/) - [ Derby ](/derby/) - [ Edinburgh ](/edinburgh/) - [ Glasgow ](/glasgow/) - [ Leeds ](/leeds/) - [ Leicester ](/leicester/) - [ Liverpool ](/liverpool/) - [ London ](/london/) - [ Manchester ](/manchester/) - [ Middlesbrough ](/middlesbrough/) - [ Newcastle ](/newcastle/) - [ Northampton ](/northampton/) - [ Poole ](/poole/) - [ Portsmouth ](/portsmouth/) - [ Plymouth ](/plymouth/) - [ Reading ](/reading/) - [ Sheffield ](/sheffield/) - [ Southampton ](/southampton/) - [ Stoke ](/stoke/) - [ Wolverhampton ](/wolverhampton/) **Tags:** Transparent Header --- ### [Buy to let mortgages for non UK residents](https://www.hankzarihs.com/buy-to-let-mortgages-for-non-uk-residents/) **Published:** May 23, 2025 **Author:** Shiraz Khan **Content:** # Buy to let mortgages for non UK residents . If you’re looking to purchase a property at auction – perhaps to refurbish, or to acquire the land to build upon – then you may need finance to complete the transaction. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### Lending up to 75% #### Minimum Term 1 Year #### Rates from 5% #### Interest Charged Daily #### Max Term 25 Years #### Minimum loan £250k #### Maximum Laon £100M+ #### Valuation OMV #### Table of Contents In a post-Brexit world, it’s now becoming clear that the UK property market is one of the most desirable investment destinations in Europe, if not the world. Whilst many other countries were struggling with the economic fallout from the Coronavirus pandemic, the UK property market was having something of a resurgence as prices and demand rose quickly throughout 2020, with some areas in England registering price rises of over 8% year-on-year. Due to the stability of the UK economy and the fact that the UK has its own central bank that can set monetary policy and interest rates, it’s meant that not only UK residents, but also foreign nationals and overseas residents have expressed huge interested in investing in the market. With government bonds returning some of the lowest yields in decades, many are now flocking to UK property for good returns in a safe and reliable market, which the UK has demonstrated it represents with gusto. This, in turn, has driven a huge surge in demand for residential property mortgages, mortgages for non-UK residents, and buy-to-let mortgages more generally. It’s not hugely difficult for a British resident to get this type of mortgage, or a buy to let mortgage, but for foreign nationals it can prove difficult for a number of reasons, which is why we’ve put together a brief guide for these types of buy-to-let mortgages. ![UK buy to let mortgages for non uk residents to finance property](https://www.hankzarihs.com/wp-content/uploads/2025/05/UK_buy_to_let_mortgages_for_non_uk_residents_to_finance_property-1024x678.jpg "UK_buy_to_let_mortgages_for_non_uk_residents_to_finance_property - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ## What is development finance? Looking for development **finance**? This type of short-term finance is used by property developers, builders, landlords, companies or individuals that need to fund 100% of the refurbishment or in the case of a ground up development the entire development costs. These loans are typically for experienced borrowers, however at [Hank Zarihs Associates](/) we have a wide panel of lenders that can offer development finance for first time developers. For example, development loans can be used: - When developers, landlords, builders or individuals want to refurbish, develop or convert a residential or commercial building to sell within a 12 -24 month term - When a borrower wants funds to buy a property at auction - When the borrower needs to secure finance against a property that is uninhabitable, and unsuitable for a standard mortgage lending purposes, a development loan could be obtained that would give you up to 65-75% of the value and 100% of the build and associates cost (pending refurbishment.) You would not usually apply for a development finance loan on the high street with your usual bank, as this is a specialist product that tends to be offered by specific development finance **lenders** or intermediaries. H.Z.A ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Why choose Hank Zarihs Associates? ### Can Expats get buy to let mortgages in the UK? es they can get a mortgage in the UK, however, as with non-British nationals, it’s all about proving where the funds are coming from, where your income comes from, and proving to the lenders that you’re able to pay your mortgage whilst living abroad.We can help you to do this, of course, and we have helped to fund millions in the buy-to-let sector over the years with finance, a mortgage, or other types of loans. Again, the best bet is to get some advice from one of our experts who can talk through your situation with you and discuss what you may need in order to get approved for a buy to let or residential mortgage. ### Can a non UK resident get a buy to let mortgage? In short, yes they can, however, most times a non-UK national will need to be able to provide a good level of proof of their income, their employment and the source of any funds that they intend to use to both buy a property, or pay a mortgage.That isn’t to say that’s it’s particularly difficult to do this in order to get a mortgage, however, it also makes good sense to seek advice when looking to apply for a residential mortgage or buy to let mortgages if you’re not a UK national.Our brokers specialise in just this type of mortgage, and buy to let mortgages more generally, so they’re in a good position to talk you through what paperwork you may need. ### Apply for a Buy to let mortgage financing Ready to apply for financing for your property? We work with a tried and trusted panel of lenders who are actively lending. The deals that we can recommend to our clients are updated daily, so you have complete peace of mind that you are receiving details of the best finance products on the market in real-time. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) ##### WE WILL FUND YOUR PROJECT! ## Book a Call Today Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - Appointments 7 days a week - From 7am till 10pm - No obligation - Terms issued within minutes - Friendly and experienced advisors - Ask all the questions you need! ### How much can a non UK resident borrow with a buy to let mortgage? Well with this type of non-UK mortgage, or for a buy to let, it will broadly depend on your circumstances, your deposit and your income and where that income comes from, and will also depend on the lender you approach. With British lenders, you’ll need to meet their criteria first, which we can help you with, but broadly speaking you’ll be able to borrow anywhere between £3000 and £1 million depending on your circumstances. For a non-UK resident, it will generally tend to be the case that banks are little more risk averse in these circumstances, but it’s worth speaking to an expert on this. ### What is the difference between a buy-to-let mortgage and a residential mortgage? A residential mortgage is for a property that you or your immediate family intend to live in at least some of the time, whereas a buy to let mortgage is designed for investors who want to buy a property and then rent it out to somebody else and become a landlord. For property investors, they tend to take out this type of landlord mortgage and they can either choose to repay only the interest, making the repayments cheaper, or they can pay the interest and the cost of the property too with their loan repayments. There are a few different BTL mortgages that you can choose from, depending on your circumstances, and we’d recommend speaking to one of our brokers about your options with this, regardless of which country you’re resident in. For landlords looking to gain a rental income, a BTL mortgage is often your best choice as these are specifically designed for this type of mortgage, and if you take out a property on a residential mortgage and later on decide to rent it out for rental income then you’ll often need to seek the permission of your mortgage lender anyway. For an outside national, the process is only slightly different in that your income has to be declared if you’re looking to invest in a property, and the application process may be slightly longer in those circumstances. ### Guernsey resident looking for buy to let mortgages If you’re resident in Guernsey then you’ll be making an application under the same process as a foreign applicant, however, it tends to be easier to get approval from British territories, and this is something you can discuss with a property advisor as they can explain that process to you. Due to tax divergences with the mainland UK and Guernsey, it would also be advisable to discuss this with an accounting, and if you’re looking to buy a BTL property, then it may even make sense to set up a specialist company in the UK known as a special purpose vehicle, which are used for tax efficiency and can help you to manage a property portfolio more efficiently in the long run. It’s a similar situation if you’re looking to buy a property or get mortgages as a British citizen in Guernsey, and so this again would probably be best discussed with an expert. ### Buy to let mortgages for Jersey residents This is a similar situation to if you’re a Guernsey resident, and most banks and traditional lenders will expect a little more detail with your application, but Jersey residents shouldn’t expect the same criteria to buy a property as, say, a Brazilian resident, for example. Most UK banks and finance companies have offices based in the Channel Islands and, as such, it’s fairly easy in most cases to get the paperwork required to get approval for a mortgage application for your property. Again, as with other Channel Islands, it’s worth talking this through with your accountant before you seek to earn rental income from properties or flats or a house. There is also the prospect, for Jersey residents, when looking for a loan for properties or flats, that they could also set up an ‘SPV’ special purpose vehicle to make their purchase more tax efficient, and this is something worth discussing with an accountant or tax advisor, as well as one of our brokers. ### Speak to one of our Buy to let mortgage advisors We’ve got a team of specialist and dedicated advisors who can talk you through all the requirements for this type of application and walk you through all the paperwork that might be required. Purchasing properties in the UK can be one of the most lucrative investments in the world if done in the right way, but things can often be confusing, especially when you’re looking for finance or loans and you’re not a British national or living in the country. It needn’t be complicated, however, and that’s why we’ve got a team of highly knowledgeable and friendly experts who can help you out from start to finish and give you the confidence and reassurance that you’re looking for. We’ve spent years in the industry and so that’s allowed us to build up a huge knowledge base and a panel of lenders that stretch right across the mortgage market, so you can be confident that we’ll be able to offer you a range of quotes from right across the spectrum, rather than having to approach these lenders and banks individually where they may ask for different details and delay the process of getting the right funding. Because we’ve spent so much time cultivating these relationships it means that we’re able to offer some of the best rates around and in many cases we can offer exclusive deals and rates for our clients, with our panel knowing that we only put forward quality applications that have a good chance of acceptance. Our panel have the confident in us because they know that we take the time with our clients, offering market leading advice and guidance throughout the process helping you to put together your application as quickly as possible. We also appreciate that our clients need funds and finance arranging in the quickest possible time, which is why in many cases we can get you an agreement in principle in a matter of days. To ensure you’re getting the best possible deal with the least amount of fuss make sure you speak to one of our specialist advisors today so that they can talk you through things and understand your situation. ##### WHAT IS BRIDGING FINANCE? ## Bridging Finance & How does it work? Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ What is bridging finance & how does it work? You may have heard about bridging loans in the context of property investment or moving house, but what exactly are they? Basically, [bridging finance](/fast-bridging-finance/) is a type of short-term loan that allows a buyer to purchase a property before their existing home or investment property is sold. As the name suggests, it ‘bridges’ the funding gap in the lag between purchase and sale – offering rapid access to the necessary purchase funds for a brief period of time. Borrowers can access from £5,000 to £250 million, depending on applicant status, the value of the property and other lender criteria. Higher lending amounts are typically reserved for borrowers who can put up several properties as security. Quotes are provided on a Loan to Value (LTV) of 65%-80% in most situations. What are the typical uses of bridging loans? Bridging loans can be used in a number of situations. For example: 1. When people are moving home in a chain, with a gap between completion dates (e.g. needing to pay for the new property before receiving funds on the completed old property). 2. When property investors or private buyers renovate a home and want a rapid sell-on. 3. When an individual is looking to buy a property at an auction. 4. When property investors and developers are looking to pay a tax bill 5. When buyers want to secure finance against an uninhabitable property. This type of finance can be used by homeowners, landlords and property developers alike. Are bridging loans a good idea? The bridging finance market has grown rapidly, with a number of small and focused lenders now on the market, catering for specialist property finance needs. The market has changed because large high-street lenders have become less willing (and sometimes less able) to lend ever since the financial crisis of 2008. As to whether a bridging loan for property development, auction purchase or private home buying is a good idea, it depends on a variety of factors. Bridging loan requirements vary by lender, but each will have certain common features that need to be considered. The most notable feature of this type of finance is that the interest rate is likely to be high. At the same time, there are typically high administration fees applied to the loan. Because of this, it is essential to proceed very carefully and with a full view of the facts. Borrowers have been burned by this type of loan in the past, in instances where transactions have fallen through, or where lenders have turned out to be unscrupulous and untrustworthy. What are the various pros and cons of bridging finance? Benefits of instant bridging loans 1\. Rapid access to money 2\. Ability to borrow large sums – often up to £250 million depending on applicant status 3\. Options for flexible borrowing. Possible downsides of bridging loans: 1\. Failure to understand the unique features of these loans can result in financial risk 2\. Bridging finance is secured against your property; meaning it can be sold if you can’t meet the repayment terms 3\. A costly option with fees and higher interest What is the interest rate on a bridging loan? Bridging finance interest rates will vary by lender. However, interest costs of 1.5% a month are not unusual, which can equate to an annual percentage rate of 18%. Fixed or variable rate? Bridging loans may have fixed or variable interest rate features. Fixed interest rates are ideal for customers who want stability, as they offer the same amount of interest for the duration of the term. The rate is pre-agreed, but there may be a premium for this security. The other choice is to have a variable rate bridging loan which can change with the base rate. However, you can save money if the base rate decreases. Borrowers who are less concerned about security sometimes prefer the variable rate option if they believe that the financial markets will travel in their favour. Knowledge and market insight is required here, along with a thorough understanding of personal risk tolerance. If interest rates appear to be rising, most customers will choose the fixed interest rate to lock it in and avoid further increases in the event of a base rate rise. Repaying interest on a bridging loan? Bridging loan periods tend to be for several months and there are usually different options for paying the interest portion. Monthly repayments The customer repays the interest every month as a separate payment, rather than adding it to the outstanding balance Rolled-up bridging finance deals The compound interest is calculated monthly but added to the outstanding loan balance and paid together when repayment is due. Retained interest The monthly interest payment due is covered up to a predefined date so that the full sum is only repaid when monies are due. Fees and other costs? As well as interest payments, there will be an arrangement fee for the set-up of the bridging loan, which is usually around 1-2%. A repayment fee for exit paperwork may also apply, along with valuation fees for the cost of the surveyor. How long can you have a bridging loan for? Remember, this type of finance is designed to be short-term. As soon as it extends beyond the agreed interim or bridging period, penalties can rapidly stack up. Typically, bridging finance is available for 1 – 18 months. Are there different types of bridging loan? Yes, there are two broad types: closed bridging finance and open bridging finance. With closed bridging finance you will tell the lender how you will repay the loan – with what funds and when. These loans usually complete within a few months and the clear exit plan is required as a lending condition. Open bridge finance won’t usually need this type of exit plan, and it is typically the loan of choice when funds are needed urgently to complete a property transaction. No detailed plan is needed to explain how the debt will be settled, and the finance tends to be offered for up to a year. Of course, it’s important to note that interest will keep being applied throughout this period. There are also first charge bridging loans and second charge bridging loans. If you have a loan against a property which is already mortgaged, you’d take out a second charge loan. An example of this would be if you were planning to finance a property extension to improve the property. The categorisation tells the lenders who will have legal priority for repayment if the loan was unable to be paid off at the term-end. First charge loans apply if the new loan is the first secured on the property. Can I get a bridging loan? Bridging loan requirements will depend on the lender. Often, lenders will require that: Customers must also take out their property mortgage with them too, providing the bridge finance as an interim measure before the standard mortgage comes into play. Property is put forward as security against the loan. Some lenders expect applicants to have more than one property in order to be eligible for their bridging finance products, but this will depend on the lender and the size of the loan. Applicants show proof of income – although, interestingly, as loan interest isn’t repaid monthly, some lenders do not request this. The applicant shows evidence of their property investment track record if they are planning to develop their purchased property. The applicant can show a business plan if they are using the bridging loan for commercial purposes. What are the alternatives to bridging loans? Development loans are another type of short-term property development loan. They are repaid in stages and calculated on the gross value of the development. Personal loans are another option, as are remortgages when timescales are more flexible and a long-term loan is desirable. Tips for success when applying for instant bridging loans? Use a bridge loan calculator Ask for your lender to provide a tailored bridge finance example or illustration around your particular borrowing needs. Think carefully about the type of bridging loan that you need – whether open bridge finance or closed bridge finance. Know whether the loan is a first or second charge type. Clarify whether the interest rate is fixed or variable. Review products from several lenders. Be clear on your security. Read the small print! Who provides bridging finance? Bridging loans are offered by banks, building societies, specialist lenders and brokers. They aren’t widely advertised and usually require a direct application by the customer to find out the product features and offers. Once you have made an application, a decision will usually be made within 24 hours. The funds then will take around two weeks to be issued, including time for checks to be carried out, the valuation and the actual transfer. Keen to find out more? Hank Zarihs are highly experienced and specialist financial intermediaries operating in the property development market. We work with a tried and tested panel of over 60 trusted lenders and can provide excellent bridging finance with attractive features. Contact us to find out more. ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Your Success, Our Story [ ![Trustpilot](https://www.hankzarihs.com/wp-content/uploads/2024/09/Trustpilot.png "Trustpilot - Bridging and Development Finance Solutions")](https://uk.trustpilot.com/review/hankzarihs.com) [ ![Google r](https://www.hankzarihs.com/wp-content/uploads/2025/04/Google-r-1024x524.png "Google-r - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### 600+ ##### HAPPY CLIENTS #### £1B+ ##### DEALS FUNDED ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! [ Check out our Case Studies ](/case-studies/) ##### AREAS WE COVER ## Areas We Have Helped Clients for Auction Finance Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - [ Birmingham ](/birmingham/) - [ Bournemouth ](/bournemouth/) - [ Brighton ](/brighton/) - [ Bristol ](/bristol/) - [ Cardiff ](/cardiff/) - [ Coventry ](/coventry/) - [ Derby ](/derby/) - [ Edinburgh ](/edinburgh/) - [ Glasgow ](/glasgow/) - [ Leeds ](/leeds/) - [ Leicester ](/leicester/) - [ Liverpool ](/liverpool/) - [ London ](/london/) - [ Manchester ](/manchester/) - [ Middlesbrough ](/middlesbrough/) - [ Newcastle ](/newcastle/) - [ Northampton ](/northampton/) - [ Poole ](/poole/) - [ Portsmouth ](/portsmouth/) - [ Plymouth ](/plymouth/) - [ Reading ](/reading/) - [ Sheffield ](/sheffield/) - [ Southampton ](/southampton/) - [ Stoke ](/stoke/) - [ Wolverhampton ](/wolverhampton/) **Tags:** Transparent Header --- ### [Buy To Let Mortgage Brokers](https://www.hankzarihs.com/buy-to-let-mortgages-property-rates/) **Published:** May 23, 2025 **Author:** Shiraz Khan **Content:** # Buy To Let Mortgage Brokers . If you’re looking to purchase a property at auction – perhaps to refurbish, or to acquire the land to build upon – then you may need finance to complete the transaction. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### Lending up to 75% #### Minimum Term 1 Year #### Rates from 5% #### Interest Charged Daily #### Max Term 25 Years #### Minimum loan £250k #### Maximum Laon £100M+ #### Valuation OMV #### Table of Contents The buy to let market is as buoyant as ever in the UK, as landlords and investors seek to profit from an attractive blend of rental income and growing bricks and mortar assets. One key to success in the buy to let market lies in keeping costs to a minimum, which is why it’s essential to secure a competitive buy to let mortgage; especially with great variation in the interest rates and terms on offer. The buy to let market is large but many of the best deals are only available via brokers, which is why it makes sense to compare mortgages via an experienced [buy to let mortgage broker](/buy-to-let-mortgages/) such as Hank Zarihs Associates. ## What is a buy to let mortgage? Buy to let mortgages exist to help would-be landlords and investors to purchase a property which they intend to let out to another individual, company or similar. Generally speaking, buy to let mortgages are similar to general residential mortgages, but with a few key differences which will cover in this article. As with residential mortgages, they are available for different time-frames but often around 25 years, and can be secured on an interest-only or repayment method. Until recently, many landlords chose the interest-only buy to let mortgage route to keep their costs low and to benefit from **tax** advantages. But with the taxation rules changing for BTLs, some are now choosing the repayment route so that the tenant’s rent pays down the outstanding balance on the property and builds the landlord’s equity – and eventual asset ownership. ![Mortgage broker for buy to let property](https://www.hankzarihs.com/wp-content/uploads/2025/05/mortgage_broker_for_buy_to_let_property.jpg "mortgage_broker_for_buy_to_let_property - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") H.Z.A ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Why choose Hank Zarihs Associates? Hank Zarihs Associates are specialist and highly-experienced intermediaries in the development finance and investment funding industry. We work with a tried and tested panel of specialist funders with an excellent track record in the market, who can offer high leverage and gearing. ### An excellent track record With our knowledge and experience, we are able to present lending cases to our panel in a format which is most likely to increase your chances of being offered attractive development finance. By following a comprehensive due diligence process with each client we make it possible to find the right development loan in the UK, quickly and efficiently – from the right lender. ### Relationship-building We’re also proud to work with most of our clients on a repeat business basis – by proving the value of our service at every turn and by building long-term relationships with our developer clients. Whatever your level of experience, size of project or development loan need, you can be guaranteed of a superb experience with the team of friendly and helpful experts at Hank Zarihs Associates. ### Adding value What’s more, we are able to add value at every step of the process, with in-depth knowledge and guidance, designed to help our clients match up with the right lender, for the ideal loan. We recognise that development loans are usually large and complex, so our service ensures that clients are best placed for acceptance from our lending panel. ### Saving more – cutting out the middle man We can save you money too, as we work with property development finance lenders who offer specific deals on development finance for intermediaries – cutting-out the middleman and meaning that our clients can access even more attractive deals on their borrowing – with our help, expertise and support at every step of the way. ### Apply for a Buy to let mortgage financing Ready to apply for financing for your property? We work with a tried and trusted panel of lenders who are actively lending. The deals that we can recommend to our clients are updated daily, so you have complete peace of mind that you are receiving details of the best finance products on the market in real-time. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) ## Use our buy to let calculator Our buy to let calculator makes it easy for you to get an idea of how much your buy to let mortgage will cost. Add in key fields such as your desired mortgage term, likely interest rate, fees and monthly rental income to see how much you will be able to borrow and what the monthly and annual repayments will be. The mortgage calculator is useful for indicative planning, but remember that the Hank Zarihs team can also provide you with a full and tailored illustration of buy to let mortgage offers from experienced, trusted lenders within the hour! ![Tag image](https://www.hankzarihs.com/wp-content/uploads/2025/04/tag-image.svg "tag-image - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### What is the criteria for a Buy to Let Mortgage (BLT)? Every lender will have its own criteria for a buy to let mortgage, but all will share these key requirements: [ Schedule a Meeting Now ](#book-a-call-today) [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) ### Good Credit Rating The applicant must have an acceptable credit rating and not be over-extended with other borrowing sources, such as loans or credit cards. A credit check is carried out as part of the application process, in common with any other kind of borrowing. ### Affordability Apply for commercial development The applicant must earn above a certain threshold income each year – typically around £25,000. This can be made up of different income streams if the applicant doesn’t have a single employed position. It can also include pension income but must be proven with bank statements or similar. Buy to let mortgage lenders also expect to see a certain rental coverage before they will make a mortgage offer. This means that the rent that you receive from the property are mortgaging will need to be at least 125% of the mortgage repayment each month. ### Age The upper limit for a mortgage is typically around 70 or 75 for when the mortgage ends. So if you are 50 years old, you will need to apply for a 20-year mortgage if the lender has an age cut-off of 70 years. Different lenders have different criteria with regards to age. Older applicants can choose a shorter mortgage term to meet the age restrictions. ### Home Ownership Most lenders will also insist that you already own your own home – although this may be with a mortgage in place. Some mortgage lenders will offer a buy to let mortgage to first-time buyers, however. ### HMO Finance Finance is for Houses in Multiple Occupation, and these loans are used by developers or builders of apartments, student flats and so forth. Some finance lenders will offer specialist HMO development loans and have specific expertise in this area. ##### WE WILL FUND YOUR PROJECT! ## Book a Call Today Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - Appointments 7 days a week - From 7am till 10pm - No obligation - Terms issued within minutes - Friendly and experienced advisors - Ask all the questions you need! ### An understanding of the risks involved The buy to let market may be lucrative but it isn’t without its risks and challenges. Would-be landlords must understand these risks and the financial implications of investing in buy to let. At Hank Zarihs Associates we provide ourselves on providing transparent information on the mortgages we recommend through our lending panel, for complete clarity and peace of mind. ## We compare the best buy to let deals for you The team of mortgage experts at Hank Zarihs Associates only needs a few minutes to gather the basic information that we need to recommend relevant mortgage products, tailored to your needs. We work with a tried and trusted panel of experienced and specialist lenders who are motivated to lend and secure deals which often aren’t available on the open market. ## What fees do brokers charge? Buy to let **mortgage broker** fees vary according to the mortgage product being taken out but are typically around the 1%-1.5% mark. Full details of these fees are provided with your mortgage illustration. It’s important to note that buy to let mortgages typically have higher interest fees than residential mortgages. ### Do Hank Zarihs Associates brokers charge a fee? Yes, we charge an application fee that is typically 0.5% to 1% and full details are provided as part of your tailored mortgage illustration. We manage the entire application process for our customers to help them to secure their mortgage as quickly as possible. ## Are there any additional fees? There will be additional fees for the legal work and valuation and a repayment fee for exit paperwork at the end of the mortgage term. Again, full details of these fees will be provided for complete transparency. ### Arrangement fees The arrangement fee is usually between 0-2%, depending on the type of loan you apply for, but this is usually charged via the lender. This covers the administration work that needs to take place to set the mortgage up. ### Booking fees Some mortgage lenders charge a booking fee on their mortgage products. This allows the applicant to secure a certain interest rate without fear of it increasing later down the application process (for example, if the lender pulls that particular rate.) ### Legal costs The legal costs cover the necessary searches and the valuation report. If a more in-depth valuation is needed, such as a structural survey, this will cost more than the standard valuation. ## Can a limited company get a buy to let mortgage? Yes, after certain tax changes were brought into law in 2016, it has become more popular to purchase a buy to let as a limited company. Mortgage lenders now offer buy to lets for limited companies, and Hank Zarihs can provide access to highly competitive mortgage deals of this kind. ## Other areas we cover At Hank Zarihs Associates we are a leading broker in all types of development and commercial finance, including bridging loans, development loans, buy to let loans, auction finance and other forms of specialist business finance. We act as a broker for individuals, companies, trusts and other entities, securing competitive loans from trusted lenders on our wide range of development and investment finance. ### BTL mortgage brokers in London The team at Hank Zarihs Associates works as a buy to let mortgage broker for customers in London, seeking to take advantage of the city’s **property** boom. ### Buy to let mortgage broker Kent The BTL market in Kent is highly buoyant, and Hank Zarihs can find you the most competitive BTL mortgages from our panel of trusted lenders. ### Buy to let mortgage broker Scotland We also handle buy to let mortgages in Scotland and can provide tailored advice on the slightly different legal processes that BTL purchases follow. ### Speak to our brokers today! Got any questions about buy to let mortgages? Our team of brokers is only just a quick phone call away and available from Monday to Sunday, 9 am till 9 pm. Call us on +44 (0) 20 3889 4403 or see our online FAQ. ##### Can a first time buyer get a buy to let mortgage? ## Frequently Asked Questions Hank Zarihs Associates have answered some of the most frequently asked questions about non status mortgages Can a first time buyer get a buy to let mortgage? It is more difficult for a first-time buyer to secure a buy to let mortgage because lenders factor in the risk of the applicant wanting to live in the property themselves. For this reason, they will usually calculate the maximum lending amount against the applicant’s earnings, in the same way that affordability for a residential mortgage is calculated. However, we work with a number of lenders which are perfectly prepared to offer buy to let mortgages for first-time buyers and we can provide a tailored illustration within the hour – and complete on most mortgages within the week. What is the minimum deposit I need to put down? Most lenders will require a deposit of at least 25% for a buy to let mortgage, which is higher than the 5% minimum often found for residential mortgages. The higher your deposit, the lower the interest rate that you are likely to pay. To find out more about our wide range of buy to let mortgages, please contact Hank Zarihs today on +44 (0) 20 3889 4403, or complete the web callback form online for one of our team to contact you at your convenience. ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Your Success, Our Story [ ![Trustpilot](https://www.hankzarihs.com/wp-content/uploads/2024/09/Trustpilot.png "Trustpilot - Bridging and Development Finance Solutions")](https://uk.trustpilot.com/review/hankzarihs.com) [ ![Google r](https://www.hankzarihs.com/wp-content/uploads/2025/04/Google-r-1024x524.png "Google-r - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### 600+ ##### HAPPY CLIENTS #### £1B+ ##### DEALS FUNDED ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! [ Check out our Case Studies ](/case-studies/) ##### AREAS WE COVER ## Areas We Have Helped Clients for Auction Finance Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - [ Birmingham ](/birmingham/) - [ Bournemouth ](/bournemouth/) - [ Brighton ](/brighton/) - [ Bristol ](/bristol/) - [ Cardiff ](/cardiff/) - [ Coventry ](/coventry/) - [ Derby ](/derby/) - [ Edinburgh ](/edinburgh/) - [ Glasgow ](/glasgow/) - [ Leeds ](/leeds/) - [ Leicester ](/leicester/) - [ Liverpool ](/liverpool/) - [ London ](/london/) - [ Manchester ](/manchester/) - [ Middlesbrough ](/middlesbrough/) - [ Newcastle ](/newcastle/) - [ Northampton ](/northampton/) - [ Poole ](/poole/) - [ Portsmouth ](/portsmouth/) - [ Plymouth ](/plymouth/) - [ Reading ](/reading/) - [ Sheffield ](/sheffield/) - [ Southampton ](/southampton/) - [ Stoke ](/stoke/) - [ Wolverhampton ](/wolverhampton/) **Tags:** Transparent Header --- ### [Bridging Loan Brokers Wolverhampton](https://www.hankzarihs.com/wolverhampton/) **Published:** June 19, 2025 **Author:** Shiraz Khan **Content:** # Bridging Loan Brokers Wolverhampton. ### Providing Funding Solutions for Success Hank Zarihs Associates are experienced financial intermediaries specialising in development and investment funding. We have the experience and expertise required to present your project in a format which will satisfy the lending institutions credit committees. Before we take a project forward we conduct due diligence which enables us to select the most appropriate lender for each project. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) ## our services in Wolverhampton We are a professional bridging loan broker in Wolverhampton, offering a range of professional services. Below, you will find the main services we can offer you. [![Service icon 1](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-1.jpg "service-icon-1 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#auction-finance)### [Auction Finance](#auction-finance) - Funding agreed in minutes - Unmortgageable property - No proof of income [![Service icon 2](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-2.jpg "service-icon-2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#bridging-finance)### [Bridging Finance](#bridging-finance) - Lending up to 80% LTV - No exits fees - All asset classes [![Service icon 3](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-3.jpg "service-icon-3 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#development-finance)### [Development Finance](#development-finance) - Ground up and conversions - 100% of construction cost - 90% loan to cost [![Service icon 4](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-4.jpg "service-icon-4 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#term-loans)### [Term Loans](#term-loans) - Whole blocks - HMO portfolio - All asset classes [![Service icon 5](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-5.jpg "service-icon-5 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#commercial-mortgages)### [Commercial Mortgages](#commercial-mortgages) - Loans up to 70% LTV - Rates from 8.99% Pa - Low Exit Fees - Loans from £250,000 to £10m [![Service icon 6](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-6.jpg "service-icon-6 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#equity-funding)### [Equity & JV Funding](#equity-funding) - To purchase residential or commercial property quickly from an auction ![Layer 2](https://www.hankzarihs.com/wp-content/uploads/2024/09/Layer-2-1024x304.png "Layer 2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Buying Property At Auction](https://www.hankzarihs.com/wp-content/uploads/2025/06/Buying-Property-At-Auction.jpg "Buying-Property-At-Auction - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Service icon 1](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-1.jpg "service-icon-1 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")### Auction Finance in Wolverhampton Want to purchase a property in Wolverhampton at auction? You might want to refurbish or buy land to build on, and you may need finance to complete the transaction. [Auction loans](/auction-finance/ "Auction Finance") are a specialist type of lending product designed for this very purpose with special features included. They are a form of short-term finance for quick turnaround times. Auction purchases need a completion of 28 working days or less, and long-term finance is rarely suitable. You can use short-term auction finance in Wolverhampton to buy property at auction, whether commercial or residential and get rapid access to funds to complete the transaction. Speed is of the essence with auction finance, so we work rapidly using our streamlined process. Provide your details and receive tailored offers in as little as 20 minutes. [ Contact Us ](/contact-us/) [![Service icon 2](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-2.jpg "service-icon-2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Bridging Finance in Wolverhampton](#) [Bridging loans](/bridging-loan-broker/) are a form of short-term finance that bridge the gap between purchase and long-term funding. For example, they are useful when a property is sold as part of a chain, and they are often used where there is a delay between purchasing the property and the funding arrangement. Bridging loans are often the preferred option when the buyer wants fast access to funds to acquire a property without all the delays and paperwork. They are utilised by many types of borrowers, from individuals to developers and enterprises. These can be used for several purposes, from renovating a property to buying a commercial property. But they are complex and sophisticated loans, so they are not suitable for everyone. [ Contact Us ](/contact-us/) ![Bridging loans finance for downsizing](https://www.hankzarihs.com/wp-content/uploads/2025/06/bridging_loans_finance_for_downsizing.jpg "bridging_loans_finance_for_downsizing - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Construction finance for home property development](https://www.hankzarihs.com/wp-content/uploads/2025/06/construction_finance_for_home_property_development.jpg "construction_finance_for_home_property_development - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [![Service icon 3](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-3.jpg "service-icon-3 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Development Finance in Wolverhampton](#) We can help you find the best development loans in Wolverhampton from trusted lenders with expertise. We offer an intermediary service to simplify your access to finance and make it quicker and easier, thanks to our expert lending panel. Short-term development finance is used by landlords, builders and property developers. It’s often needed to fund a refurbishment or the whole development cost. This type of finance is suitable for experienced borrowers, but we can also help first-time developers. [Development finance](/development-finance/) can be useful for anyone who wants to buy a property at auction or to secure finance against a property that is not habitable and a standard mortgage is not suitable. [ Contact Us ](/contact-us/) [![Service icon 4](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-4.jpg "service-icon-4 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Term Loans in Wolverhampton](#) We can help borrowers to access suitable [term loans](/short-term-property-loans/) for a wide range of purposes. T To put it simply, a term loan is a lump sum of money borrowed from a financial institution such as a banks and lenders. Funds are advanced by the lending institution, and they are repaid by you plus interest over the course of several months to years. Fixed or variable, the interest rate is typically much lower than those of alternative forms of financing. Term loans are versatile and may be used for anything, from home improvements to funding a new company venture. Term loans are popular among business owners because they may be used for both short- and long-term goals. You may want a term loan for your HMO portfolio or whole blocks. Term loans are suitable for all asset classes, and we can help you find the finance you need fast. [ Contact Us ](/contact-us/) ![Short term mortgages to finance extensions](https://www.hankzarihs.com/wp-content/uploads/2025/06/short_term_mortgages_to_finance_extensions.jpg "short_term_mortgages_to_finance_extensions - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Morden Wharf riverside park](https://www.hankzarihs.com/wp-content/uploads/2025/06/Morden-Wharf-riverside-park.jpg "Morden-Wharf-riverside-park - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [![Service icon 5](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-5.jpg "service-icon-5 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Commercial Mortgages in Wolverhampton](#) A [commercial mortgage](/commercial-mortgage-broker/) might be a workable solution for you if you want to buy a building with the intention of using it as collateral for a loan against the property where your company is located. In order to successfully qualify for a commercial mortgage, you will need to consult with a mortgage counsellor because there is no one product on the market that will fulfil all of your financing needs. The term “commercial mortgage” refers to a specific form of mortgage loan taken out on non-residential (or “commercial”) real estate. Commercial mortgages can be used to buy or refinance commercial assets, such as office space for a business or a rental property for investors. They are flexible enough to be utilised for funding entire commercial, mixed-use, and even vacant land sites. Because commercial mortgage lenders typically evaluate each application on its own merits, its eligibility requirements can be more lenient than those of conventional mortgage lenders. As a result, rather than restricting themselves to a narrow set of conditions, lenders are free to evaluate a far wider range of options. **Types of Commercial Mortgages** Commercial loans for owner-occupied properties When a property is being bought for the buyer’s own business to operate from, an owner-occupied commercial mortgage, also known as a business mortgage, is employed. Commercial investment mortgages If you plan on renting out your commercial property to another company, you will need to apply for a commercial investment mortgage, often known as a commercial buy to let mortgage. This is the commercial equivalent of a “[buy to let](/buy-to-let-mortgages/)” mortgage. Interest only commercial mortgages In the case of interest-only commercial mortgages, monthly payments are limited to the interest amount. This offers the benefit of reducing your monthly mortgage payment but will increase the total interest you pay on your business loan. An interest-only commercial mortgage must be repaid in full or refinanced through a commercial remortgage at the conclusion of the mortgage term. Capital repayment commercial mortgages To progressively pay off your commercial mortgage over the course of the loan term, capital repayment mortgages require making monthly payments that cover both the principal balance and the interest accrued on the loan. You will have to make larger payments toward your mortgage each month as a result of this, but you will have the peace of mind of knowing that your property will be paid off by the end of the loan term. Fixed rate commercial mortgages Commercial mortgages with fixed rates have an interest rate that does not change for the duration of the loan, which is typically between two and five years. Your monthly repayments will stay the same throughout a fixed rate term, regardless of any changes that the Bank of England Base Rate may undergo during that time period. If you choose a product with a fixed interest rate, you will profit from the increase in interest rates; but you will not benefit from any decreases in interest rates. Variable interest rate commercial mortgages Variable rate of interest Commercial mortgages do not have a fixed rate, therefore if interest rates fluctuate, so might your interest rate and consequently your monthly payments. [ Contact Us ](/contact-us/) [![Service icon 6](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-6.jpg "service-icon-6 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Equity & JV Funding in Wolverhampton](#) If you want to purchase property from an auction quickly, whether a residential or commercial property, JV funding in Wolverhampton can be useful. Joint venture finance is increasingly popular in Wolverhampton and across the UK. Developing properties from scratch or developing new properties is expensive, and the demand for finance is high. Tailored solutions are often needed, and joint ventures provide such an option. This is a type of finance where the investor or partner agrees to fund the property venture for a share in the profits. They are ideal when you want to get a project moving, and you don’t have much capital at the time, and they are most suitable for experienced developers. If you want to arrange equity and JV funding, contact us today to find out about your options. [ Contact Us ](/contact-us/) ![1605 Camden Goods Yard](https://www.hankzarihs.com/wp-content/uploads/2025/06/1605-Camden-Goods-Yard.jpg "1605-Camden-Goods-Yard - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") H.Z.A ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Why choose Hank Zarihs Associates? If you are considering a bridging loan broker in Wolverhampton, why choose Hank Zarihs Associates? Our clients choose us over and over again for several reasons. For a start, we find you the best rates. We work with a panel of respected and experienced lenders with excellent track records, so our clients can access the best rates and loan products from trusted lenders. We also have a wide range of loan products you can access. Most bridging loans in Wolverhampton are not available on the open market because they are specialist products. We can get you access to a wide range of loans and deals that you would simply not find searching directly. We are also fast and efficient, which is essential for our clients. We can help you find the right bridging loan in Wolverhampton in minutes, and we can often gather the information and quotes from lenders within the hour and arrange your bridging loan within days. We provide tailored advice for our Wolverhampton clients along with transparent information. You can trust us to deliver, and you can have full confidence in the products we secure for you. Finally, our customer service is exemplary. We focus on building long-term relationships with our clients based on providing maximum value, and we have a superb track record. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) ##### OUR FOUR STEP SIMPLE SALES PROCESS ## Our Sales Process Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ ##### CONFUSED ABOUT FINANCE? #### Call & Discuss ##### WE WILL PACKAGE YOUR APPLICATION #### Submit Documents ## 01 Call us today to discuss your enquiry. We’ll find out what product is suited to your needs – we just need 5 mins of your time. Once we’ve received terms from our select panel of lenders, We’ll inform you of the options you have and then you’ll let us know which offer to proceed with. ## 02 ## 03 Once you’ve selected the perfect lender, we’ll go ahead and package the application on your behalf, making it a seamless and easy process. We’ll then instruct valuation and legals on the same day. Once the case has been submitted and the valuation report is back the case will be formally offered and funds can be made available to drawdown, subject to the legal due diligence being complete – From start to finish, we can have deals ready in as little as 7 working days. ## 04 ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/loan.png "loan - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### RECEIVE TERMS FROM LENDERS #### Compare Offers ##### FORMAL SUBMISSION #### Get your finance ## 01 ##### CONFUSED ABOUT FINANCE? ## Call & Discuss Call us today to discuss your enquiry. We’ll find out what product is suited to your needs – we just need 5 mins of your time. ##### RECEIVE TERMS FROM LENDERS ## Compare Offers Once we’ve received terms from our select panel of lenders, We’ll inform you of the options you have and then you’ll let us know which offer to proceed with. ## 02 ## 03 ##### WE WILL PACKAGE YOUR APPLICATION ## Submit Documents Once you’ve selected the perfect lender, we’ll go ahead and package the application on your behalf, making it a seamless and easy process. We’ll then instruct valuation and legals on the same day. ##### FORMAL SUBMISSION ## Get your finance Once the case has been submitted and the valuation report is back the case will be formally offered and funds can be made available to drawdown, subject to the legal due diligence being complete – From start to finish, we can have deals ready in as little as 7 working days. ## 04 ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/loan.png "loan - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [ Call Us Today & Get Started Now ](/contact-us/) **Tags:** Transparent Header --- ### [Bridging Loan Brokers Stoke](https://www.hankzarihs.com/stoke/) **Published:** June 19, 2025 **Author:** Shiraz Khan **Content:** # Bridging Loan Brokers Stoke. ### Providing Funding Solutions for Success Hank Zarihs Associates is a team of skilled financial intermediaries who specialise in providing funding solutions for development and investment. Our expertise and experience enable us to present your project to lending institutions in a way that meets their credit committee’s requirements. We conduct due diligence on all projects to identify the best lenders and funding options available. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) ## our services in Stoke As a professional bridging loan broker in Stoke, we pride ourselves on offering a range of expert services to our clients. [![Service icon 1](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-1.jpg "service-icon-1 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#auction-finance)### [Auction Finance](#auction-finance) - Funding agreed in minutes - Unmortgageable property - No proof of income [![Service icon 2](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-2.jpg "service-icon-2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#bridging-finance)### [Bridging Finance](#bridging-finance) - Lending up to 80% LTV - No exits fees - All asset classes [![Service icon 3](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-3.jpg "service-icon-3 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#development-finance)### [Development Finance](#development-finance) - Ground up and conversions - 100% of construction cost - 90% loan to cost [![Service icon 4](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-4.jpg "service-icon-4 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#term-loans)### [Term Loans](#term-loans) - Whole blocks - HMO portfolio - All asset classes [![Service icon 5](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-5.jpg "service-icon-5 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#commercial-mortgages)### [Commercial Mortgages](#commercial-mortgages) - Loans up to 70% LTV - Rates from 8.99% Pa - Low Exit Fees - Loans from £250,000 to £10m [![Service icon 6](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-6.jpg "service-icon-6 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#equity-funding)### [Equity & JV Funding](#equity-funding) - To purchase residential or commercial property quickly from an auction ![Layer 2](https://www.hankzarihs.com/wp-content/uploads/2024/09/Layer-2-1024x304.png "Layer 2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Buying Property At Auction](https://www.hankzarihs.com/wp-content/uploads/2025/06/Buying-Property-At-Auction.jpg "Buying-Property-At-Auction - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Service icon 1](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-1.jpg "service-icon-1 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")### Auction Finance in Stoke If you’re looking to buy a property in Stoke through an auction, you’ll need specialist finance to facilitate the transaction. Luckily, auction loans are designed explicitly for this purpose, providing short-term lending solutions for a variety of property investments, including property renovation, land development, and commercial or residential property acquisition. [Auction finance](/auction-finance/ "Auction Finance") is solution that is custom-tailored to meet the unique needs of the auction process, which requires completion within 28 working days or less. Unlike traditional long-term finance, auction finance is engineered for quick turnaround times, providing swift access to the funds necessary to complete the transaction. Buying a property through auction in Stoke, whether commercial or residential, can be made more accessible with short-term auction finance. Our streamlined process ensures that you receive tailored offers in as little as 20 minutes. We understand that speed is essential in auction finance, and we work closely with each client to provide bespoke lending solutions that fit their individual requirements. Our team of experts has extensive experience in the auction finance market and is well-versed in the intricacies of the auction process. Investing in Stoke’s property market through auctions can be a wise decision. However, having access to the right financing solutions is crucial. Our specialist auction loans can provide the short-term finance you need to complete the transaction successfully. Whether you’re a property investor, developer, or business owner, our financing solutions can be tailored to your specific needs. **Why Choose Our Auction Loans?** Our auction loans are designed to be flexible and custom-tailored to your specific requirements, offering you the following benefits: 1. **Swift access to funds:** Our auction loans are engineered for quick turnaround times, providing swift access to the funds you need to complete the transaction. 2. **Expertise:** Our team of experts has extensive experience in the auction finance market and is well-versed in the intricacies of the auction process. We work closely with each client to provide bespoke lending solutions that fit their individual requirements. 3. **Tailored lending solutions:** We understand that every client has unique financing needs. That’s why our financing solutions are custom-tailored to your specific requirements, ensuring that you receive the right lending solution for your property investment goals. 4. **Speed and efficiency:** Our streamlined process ensures that you receive tailored offers in as little as 20 minutes, giving you the speed and efficiency you need to succeed in the auction process. [ Contact Us ](/contact-us/) [![Service icon 2](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-2.jpg "service-icon-2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Bridging Finance in Stoke](#) Are you looking to invest in a new property but struggling to secure long-term financing? If so, a bridging loan may be the ideal solution for you. A [bridging loan](/bridging-loan-broker/) is a short-term finance option designed to bridge the gap between the purchase of a property and the arrangement of long-term funding. It’s a popular choice for those who require fast access to funds to acquire a property without the delays and paperwork associated with traditional financing options. Bridging loans can be used for a variety of purposes, including property renovation, purchasing a commercial property, or any other investment that requires quick access to funds. It’s also ideal for individuals, developers, and enterprises who need to act quickly to secure a property or investment opportunity. At Hank Zarihs, we understand that every client has unique financing needs. That’s why we provide bespoke solutions tailored to meet your specific requirements. Our team of experts has extensive experience in the bridging loan market and understands the complexities involved in securing these types of loans. **Why Choose Hank Zarihs for Your Bridging Loan?** 1. **Fast and efficient:** We understand that time is of the essence when it comes to securing a property or investment opportunity. That’s why we provide fast and efficient service to ensure that you receive the funds you need as quickly as possible. 2. **Expertise:** Our team of experts has a wealth of experience in the bridging loan market and understands the intricacies of the process. We work closely with our clients to provide bespoke solutions that meet their unique financing needs. 3. **Hassle-free process:** We pride ourselves on providing our clients with a hassle-free experience. Our team will guide you through the entire process, from application to funding, ensuring that you are fully informed and comfortable with every step of the process. 4. **Customised solutions:** We understand that every client has unique financing needs. That’s why we provide customised solutions tailored to meet your specific requirements, ensuring that you receive the right financing option for your investment goals. [ Contact Us ](/contact-us/) ![Bridging loans finance for downsizing](https://www.hankzarihs.com/wp-content/uploads/2025/06/bridging_loans_finance_for_downsizing.jpg "bridging_loans_finance_for_downsizing - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Construction finance for home property development](https://www.hankzarihs.com/wp-content/uploads/2025/06/construction_finance_for_home_property_development.jpg "construction_finance_for_home_property_development - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [![Service icon 3](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-3.jpg "service-icon-3 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Development Finance in Stoke](#) If you’re a landlord, builder, or property developer seeking development loans in Stoke, our expert intermediary service is here to assist you. We work with a panel of trusted lenders who specialise in short-term development finance, making it easier for you to access the financing you need. [Development finance](/development-finance/) is a type of financing used to fund property refurbishment or development costs. It’s a suitable option for experienced borrowers, but we can also assist first-time developers in navigating the complexities of securing development finance. Our lending panel comprises a range of lenders specialising in short-term development finance. We work closely with our clients to provide tailored lending solutions that meet their unique requirements. Our development finance solutions are ideal for anyone seeking to purchase a property at auction or secure finance against an uninhabitable property, where a standard mortgage is not applicable. At our expert intermediary service, we pride ourselves on simplifying the process of accessing finance. We assist our clients in navigating the complex landscape of development finance and securing the best possible terms and rates for their financing needs. Our team of experienced professionals is dedicated to providing you with the highest level of service, helping you realise your property development ambitions. **Why Choose Our Expert Intermediary Service for Your Development Finance Needs?** 1. **Simplified process:** We simplify the process of accessing finance by working closely with our clients to provide tailored lending solutions that meet their specific requirements. 2. **Panel of trusted lenders:** We work with a panel of trusted lenders who specialise in short-term development finance, providing you with a range of options to choose from. 3. **Experienced professionals:** Our team of experienced professionals is dedicated to providing you with the highest level of service, helping you realise your property development ambitions. 4. **Bespoke solutions:** Our development finance solutions are custom-tailored to your unique requirements, ensuring that you receive the right financing option for your property development goals. [ Contact Us ](/contact-us/) [![Service icon 4](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-4.jpg "service-icon-4 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Term Loans in Stoke](#) If you’re looking for a lump sum of money to finance your personal project or business venture, term loans may be the ideal solution for you. As a team of experts in helping borrowers find the right financing solutions, we specialise in connecting you with lenders who offer the most competitive rates and flexible terms to cater to your specific needs. At its core, a [term loan](/short-term-property-loans/) is a lump sum of money borrowed from a financial institution, such as a lender or bank. The borrower receives the funds upfront and pays back the principal amount plus interest over several months or years. These loans are versatile and can be used for various purposes, such as home renovations, debt consolidation, or funding a new business. One of the primary advantages of term loans is their typically lower interest rates compared to other types of financing. Interest rates may be fixed or variable, but they are generally lower than credit card rates or lines of credit. Furthermore, term loans offer flexible repayment terms that can be customised to suit your specific requirements. Term loans are particularly popular among business owners because they can be used for both short- and long-term goals. Whether you need funding for a new project, expanding your business, or simply managing cash flow, term loans can provide the necessary capital to help you achieve your goals. **Why Choose Our Expert Term Loan Service?** 1. **Wide Range of Options:** We work with a variety of lenders and financial institutions to offer you the best financing options and competitive rates. 2. **Tailored Lending Solutions:** We understand that every borrower has unique financing needs. That’s why we provide custom-tailored lending solutions to cater to your specific requirements. 3. **Fast and Efficient Service:** Our team of experts can assist you in securing the financing you need quickly and easily, providing you with a hassle-free experience. 4. **Expertise:** Our team of experts has extensive experience in the lending industry and can assist you in securing the optimal financing solution to meet your specific needs. [ Contact Us ](/contact-us/) ![Short term mortgages to finance extensions](https://www.hankzarihs.com/wp-content/uploads/2025/06/short_term_mortgages_to_finance_extensions.jpg "short_term_mortgages_to_finance_extensions - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Morden Wharf riverside park](https://www.hankzarihs.com/wp-content/uploads/2025/06/Morden-Wharf-riverside-park.jpg "Morden-Wharf-riverside-park - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [![Service icon 5](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-5.jpg "service-icon-5 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Commercial Mortgages in Stoke](#) If you’ve recently purchased a commercial property and are considering using it as collateral for a loan against your business property, a commercial mortgage may be the right financing solution for you. A [commercial mortgage](/commercial-mortgage-broker/) is a type of mortgage loan that is secured against non-residential or commercial real estate. It is specifically designed for businesses or investors looking to buy or refinance commercial assets such as office spaces, rental properties, mixed-use buildings, and even vacant land sites. Unlike residential mortgages, commercial mortgages offer more flexibility and can be tailored to fit specific financing needs. There are several benefits of using a commercial mortgage to finance your business property. Firstly, commercial mortgages typically offer lower interest rates compared to other forms of financing, such as unsecured loans or credit cards. Secondly, they offer longer repayment periods, which means you can spread your payments out over a longer period of time, making them more manageable. Lastly, by using your commercial property as collateral, you may be able to borrow more money than you would with an unsecured loan. Qualifying for a commercial mortgage can be more complex than qualifying for a residential mortgage, and there is no one-size-fits-all solution. To successfully qualify for a commercial mortgage, it’s important to consult with our advisors who can guide you through the process and help you find the best financing solution for your specific needs. Factors that lenders consider when evaluating a commercial mortgage application include the property type and value, your business’s financial history and creditworthiness, the amount of money you are requesting, and your ability to make repayments on time. [ Contact Us ](/contact-us/) [![Service icon 6](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-6.jpg "service-icon-6 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Equity & JV Funding in Stoke](#) If you’re a property developer based in Stoke or anywhere else in the UK, you may be struggling with the high costs of financing your development projects. Fortunately, joint venture finance is an increasingly popular solution that can help you meet your unique financing needs. [Joint venture finance](/joint-venture-property-finance/) is a financing solution that involves an investor or partner funding a property development project in exchange for a share of the profits. Essentially, it’s a partnership between the property developer and the investor, where the investor provides the necessary capital to fund the project, and the developer manages the development process. There are several benefits of joint venture finance, making it an attractive option for property developers. Firstly, joint venture finance allows property developers to kickstart their projects quickly, even if they don’t have sufficient capital at the time. This is because the investor is putting up the funds needed to get the project off the ground. Moreover, joint venture finance offers a tailored solution to meet the specific financing needs of property developers. Every project is unique, and joint venture finance can be customised to meet the needs of each development, making it a highly flexible option. Joint venture finance is more suitable for experienced property developers who have a proven track record in property development. Investors want to see that their investment is going to be managed by someone with a successful history in property development. If you’re an experienced developer, joint venture finance can be an excellent option for you. It can provide you with the capital you need to get your projects moving quickly, without having to worry about finding the funds yourself. Additionally, joint venture finance can help you minimise your risk, as you’ll be sharing the risks and rewards of the development project with the investor. [ Contact Us ](/contact-us/) ![1605 Camden Goods Yard](https://www.hankzarihs.com/wp-content/uploads/2025/06/1605-Camden-Goods-Yard.jpg "1605-Camden-Goods-Yard - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") H.Z.A ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Why choose Hank Zarihs Associates? When it comes to finding a bridging loan broker in Stoke, there are many options available, but not all brokers are created equal. Access to the Best Rates and Loan Products from Trusted Lenders We work with a panel of respected and experienced lenders with excellent track records, providing our clients with access to the best rates and loan products available on the market. Wide Range of Loan Products Most bridging loans in Stoke are specialist products not available on the open market. We can get you access to a wide range of loans and deals that you would not find searching directly. Fast and Efficient Service We understand that time is of the essence when it comes to bridging loans. Our streamlined process enables us to find the right bridging loan for you in minutes, gather information and quotes from lenders within the hour, and arrange your loan within days. Tailored Advice and Transparent Information We provide tailored advice to our Stoke clients and transparent information throughout the lending process, ensuring you have full confidence in the products we secure for you. Exemplary Customer Service At Hank Zarihs Associates, we focus on building long-term relationships with our clients based on providing maximum value. Our superb track record speaks for itself. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) ##### OUR FOUR STEP SIMPLE SALES PROCESS ## Our Sales Process Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ ##### CONFUSED ABOUT FINANCE? #### Call & Discuss ##### WE WILL PACKAGE YOUR APPLICATION #### Submit Documents ## 01 Call us today to discuss your enquiry. We’ll find out what product is suited to your needs – we just need 5 mins of your time. Once we’ve received terms from our select panel of lenders, We’ll inform you of the options you have and then you’ll let us know which offer to proceed with. ## 02 ## 03 Once you’ve selected the perfect lender, we’ll go ahead and package the application on your behalf, making it a seamless and easy process. We’ll then instruct valuation and legals on the same day. Once the case has been submitted and the valuation report is back the case will be formally offered and funds can be made available to drawdown, subject to the legal due diligence being complete – From start to finish, we can have deals ready in as little as 7 working days. ## 04 ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/loan.png "loan - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### RECEIVE TERMS FROM LENDERS #### Compare Offers ##### FORMAL SUBMISSION #### Get your finance ## 01 ##### CONFUSED ABOUT FINANCE? ## Call & Discuss Call us today to discuss your enquiry. We’ll find out what product is suited to your needs – we just need 5 mins of your time. ##### RECEIVE TERMS FROM LENDERS ## Compare Offers Once we’ve received terms from our select panel of lenders, We’ll inform you of the options you have and then you’ll let us know which offer to proceed with. ## 02 ## 03 ##### WE WILL PACKAGE YOUR APPLICATION ## Submit Documents Once you’ve selected the perfect lender, we’ll go ahead and package the application on your behalf, making it a seamless and easy process. We’ll then instruct valuation and legals on the same day. ##### FORMAL SUBMISSION ## Get your finance Once the case has been submitted and the valuation report is back the case will be formally offered and funds can be made available to drawdown, subject to the legal due diligence being complete – From start to finish, we can have deals ready in as little as 7 working days. ## 04 ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/loan.png "loan - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [ Call Us Today & Get Started Now ](/contact-us/) **Tags:** Transparent Header --- ### [Bridging Loan Brokers Southampton](https://www.hankzarihs.com/southampton/) **Published:** June 19, 2025 **Author:** Shiraz Khan **Content:** # Bridging Loan Brokers Southampton. ### Providing Funding Solutions for Success Hank Zarihs Associates is a team of skilled financial intermediaries who specialise in providing funding solutions for development and investment. Our expertise and experience enable us to present your project to lending institutions in a way that meets their credit committee’s requirements. We conduct due diligence on all projects to identify the best lenders and funding options available. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) ## our services in Southampton As a professional bridging loan broker in Southampton, we pride ourselves on offering a range of expert services to our clients. [![Service icon 1](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-1.jpg "service-icon-1 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#auction-finance)### [Auction Finance](#auction-finance) - Funding agreed in minutes - Unmortgageable property - No proof of income [![Service icon 2](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-2.jpg "service-icon-2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#bridging-finance)### [Bridging Finance](#bridging-finance) - Lending up to 80% LTV - No exits fees - All asset classes [![Service icon 3](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-3.jpg "service-icon-3 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#development-finance)### [Development Finance](#development-finance) - Ground up and conversions - 100% of construction cost - 90% loan to cost [![Service icon 4](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-4.jpg "service-icon-4 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#term-loans)### [Term Loans](#term-loans) - Whole blocks - HMO portfolio - All asset classes [![Service icon 5](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-5.jpg "service-icon-5 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#commercial-mortgages)### [Commercial Mortgages](#commercial-mortgages) - Loans up to 70% LTV - Rates from 8.99% Pa - Low Exit Fees - Loans from £250,000 to £10m [![Service icon 6](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-6.jpg "service-icon-6 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#equity-funding)### [Equity & JV Funding](#equity-funding) - To purchase residential or commercial property quickly from an auction ![Layer 2](https://www.hankzarihs.com/wp-content/uploads/2024/09/Layer-2-1024x304.png "Layer 2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Buying Property At Auction](https://www.hankzarihs.com/wp-content/uploads/2025/06/Buying-Property-At-Auction.jpg "Buying-Property-At-Auction - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Service icon 1](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-1.jpg "service-icon-1 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")### Auction Finance in Southampton If you’re considering purchasing a property in Southampton through an auction, securing specialist finance is essential to facilitate a successful transaction. [Auction finance](/auction-finance/ "Auction Finance") is designed explicitly for this purpose, providing short-term lending solutions that cater to a variety of property investments, including property renovation, land development, and commercial or residential property acquisition. Tailored to the unique needs of the auction process, auction finance is engineered for quick turnaround times, providing swift access to the funds necessary to complete the transaction within 28 working days or less. Unlike traditional long-term finance, auction finance is a custom-tailored solution that meets the demands of the auction process. Acquiring a property through an auction can be made more accessible with the right financing solution. Our streamlined process ensures that you receive tailored offers in as little as 20 minutes. We understand the importance of speed in auction finance, and we work closely with each client to provide bespoke lending solutions that fit their individual requirements. Our team of experts has extensive experience in the auction finance market and is well-versed in the intricacies of the auction process. Choosing the right financing solution is crucial when investing in Southampton’s property market through auctions. Our specialist auction loans can provide the short-term finance you need to complete the transaction successfully. Whether you’re a property investor, developer, or business owner, our financing solutions can be tailored to your specific needs. [ Contact Us ](/contact-us/) [![Service icon 2](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-2.jpg "service-icon-2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Bridging Finance in Southampton](#) If you’re considering purchasing a property but struggling to secure long-term financing, a bridging loan may be the ideal solution for you. A bridging loan is a short-term finance option that bridges the gap between the purchase of a property and the arrangement of long-term funding. It’s a popular choice for those who require fast access to funds to acquire a property without the delays and paperwork associated with traditional financing options. [Bridging loans](/bridging-loan-broker/) can be used for a variety of purposes, including property renovation, purchasing a commercial property, or any other investment that requires quick access to funds. It’s also ideal for individuals, developers, and enterprises who need to act quickly to secure a property or investment opportunity. At Hank Zarihs, we understand that every client has unique financing needs. That’s why we provide bespoke solutions tailored to meet your specific requirements. Our team of experts has extensive experience in the bridging loan market and understands the complexities involved in securing these types of loans. **Why Choose Hank Zarihs for Your Bridging Loan?** - Fast and efficient service to ensure that you receive the funds you need as quickly as possible. Our streamlined process ensures that you receive tailored offers in as little as 24 hours, giving you the speed and efficiency you need to succeed in the property market. - Our team has a wealth of experience in the bridging loan market and understands the intricacies of the process. We work closely with our clients to provide bespoke solutions that meet their unique financing needs. Our team also has a deep understanding of the property market and can offer valuable advice on the best investment opportunities. - Guidance through the entire process, from application to funding, ensuring that you are fully informed and comfortable with every step of the process. We also work closely with your solicitors and other professionals to ensure that the process runs smoothly and efficiently. At Hank Zarihs, we understand that every client has unique financing needs. That’s why we provide customized solutions tailored to meet your specific requirements, ensuring that you receive the right financing option for your investment goals. Our team will work with you to understand your needs and provide a solution that is tailored to your individual requirements. [ Contact Us ](/contact-us/) ![Bridging loans finance for downsizing](https://www.hankzarihs.com/wp-content/uploads/2025/06/bridging_loans_finance_for_downsizing.jpg "bridging_loans_finance_for_downsizing - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Construction finance for home property development](https://www.hankzarihs.com/wp-content/uploads/2025/06/construction_finance_for_home_property_development.jpg "construction_finance_for_home_property_development - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [![Service icon 3](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-3.jpg "service-icon-3 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Development Finance in Southampton](#) As a landlord, builder, or property developer seeking development loans in Southampton, securing financing can be a challenging and complex process. However, with our expert intermediary service, accessing short-term development finance has never been easier. We work with a panel of trusted lenders who specialise in development finance, ensuring that you receive tailored financing solutions that meet your unique requirements. **How Can Development Finance Help?** [Development finance](/development-finance/) is a type of financing used to fund property refurbishment or development costs. It is a suitable option for experienced borrowers, but we also provide assistance to first-time developers in navigating the complexities of securing development finance. Our lending panel comprises a range of lenders who specialize in short-term development finance, providing you with a variety of financing options to choose from. We pride ourselves on simplifying the process of accessing finance. Our experienced professionals work closely with our clients to provide bespoke lending solutions that meet their specific requirements. Our development finance solutions are ideal for anyone seeking to purchase a property at auction or secure finance against an uninhabitable property, where a standard mortgage is not applicable. We help our clients navigate the complex landscape of development finance, ensuring that they receive the best possible terms and rates for their financing needs. [ Contact Us ](/contact-us/) [![Service icon 4](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-4.jpg "service-icon-4 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Term Loans in Southampton](#) As you embark on a personal or business venture, one of the most important considerations is financing. Term loans can provide you with the lump sum of money you need to get your project off the ground, and we, as experts in connecting borrowers with lenders, can help you find the ideal solution. **What is a Term Loan?** A [term loan](/short-term-property-loans/) is a type of loan borrowed from a financial institution, such as a bank or lender, that provides a lump sum of money to the borrower upfront. The borrower is required to pay back the principal amount plus interest over an agreed period, which can range from several months to years. Term loans are popular among both individuals and businesses as they can be used for various purposes, such as home renovations, debt consolidation, or financing a new project. These loans offer flexible repayment terms and can be customised to meet the specific requirements of the borrower. Compared to other types of financing, term loans typically offer lower interest rates, making them an affordable choice for those seeking to borrow money. Additionally, they can be used for both short- and long-term goals, making them a versatile option. **Why Choose a Term Loan?** - Lower Interest Rates - Customisable Repayment Terms - Flexible option for a variety of purposes Whether you’re starting a new business or embarking on a personal project, a term loan can provide you with the financial support you need to achieve your goals. With our expert term loan service, you can rest assured that you will find the ideal financing solution that suits your needs and requirements. [ Contact Us ](/contact-us/) ![Short term mortgages to finance extensions](https://www.hankzarihs.com/wp-content/uploads/2025/06/short_term_mortgages_to_finance_extensions.jpg "short_term_mortgages_to_finance_extensions - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Morden Wharf riverside park](https://www.hankzarihs.com/wp-content/uploads/2025/06/Morden-Wharf-riverside-park.jpg "Morden-Wharf-riverside-park - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [![Service icon 5](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-5.jpg "service-icon-5 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Commercial Mortgages in Southampton](#) If you’ve recently acquired a commercial property and are exploring financing options, a commercial mortgage may be a suitable solution for you. **What is a Commercial Mortgage?** A commercial mortgage is a loan that is secured against non-residential or commercial real estate. This type of mortgage is specifically designed for businesses or investors who are looking to purchase or refinance commercial properties, such as office spaces, rental properties, mixed-use buildings, or even vacant land sites. Unlike residential mortgages, commercial mortgages offer more flexibility and can be tailored to fit specific financing needs. **Benefits of Using a Commercial Mortgage** One of the main [benefits of using a commercial mortgage](/commercial-mortgage-broker/) to finance your business property is the lower interest rates offered compared to other forms of financing, such as unsecured loans or credit cards. Commercial mortgages also offer longer repayment periods, which means you can spread out your payments over a more extended period, making them more manageable. Additionally, by using your commercial property as collateral, you may be able to borrow more money than you would with an unsecured loan. Qualifying for a commercial mortgage can be more complex than qualifying for a residential mortgage, and there is no one-size-fits-all solution. Lenders consider several factors when evaluating a commercial mortgage application, including the property type and value, your business’s financial history and creditworthiness, the amount of money you are requesting, and your ability to make repayments on time. It’s essential to consult with experienced advisors who can guide you through the process and help you find the best financing solution for your specific needs. As experts in the field of commercial mortgages, we understand the market inside out. Our team is comprised of highly experienced individuals who are dedicated to providing you with the best possible service. We work tirelessly to ensure that our clients receive the best deals available and that the process is as effortless as possible. If you are looking for a rapid and efficient way to secure the best commercial mortgage deals on the market, look no further than our expert team. With our tailored advice, efficiency, and expertise, we will ensure that the process is effortless for you, allowing you to focus on your property portfolio. [ Contact Us ](/contact-us/) [![Service icon 6](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-6.jpg "service-icon-6 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Equity & JV Funding in Southampton](#) If you’re a property developer looking to fund your next project, joint venture finance could be the solution you’ve been searching for. This powerful form of finance involves an investor or partner funding your entire property venture in exchange for a share of the profits. With [joint venture property finance](/joint-venture-property-finance/), you can unlock your property potential and achieve your development goals faster. **What is Joint Venture Finance?** Joint venture finance is a form of financing where an investor or partner agrees to fund 100% of your property venture for a share of the profits. This financing solution creates a partnership between you and the investor, with you managing the development process and the investor providing the necessary capital. This type of finance is an excellent option for experienced property developers who want to maximise their returns. Investors are attracted to joint venture finance because they want to work with developers who have a proven track record in property development. As an experienced developer, joint venture finance can provide you with access to the capital you need to take on bigger projects and achieve higher returns. Joint venture finance also provides a powerful tool for managing risk. With the investor sharing the risks and rewards of the development project, you can minimise your exposure to risk and focus on delivering results. This makes joint venture finance an ideal solution for property developers who want to manage their risk effectively while still achieving their development goals. Our customised joint venture finance solutions are tailored to meet the specific financing needs of your project. We understand that each development is unique and requires a bespoke financing approach. Our team of specialists will work closely with you to understand your project and what you’re looking for in a financing solution. Whether you need financing for a small residential development or a large commercial project, we can help you find the right lenders and investors to meet your needs. Our approval process is fast and efficient, with funds being released shortly after approval. [ Contact Us ](/contact-us/) ![1605 Camden Goods Yard](https://www.hankzarihs.com/wp-content/uploads/2025/06/1605-Camden-Goods-Yard.jpg "1605-Camden-Goods-Yard - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") H.Z.A ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Why choose Hank Zarihs Associates? When it comes to finding a bridging loan broker in Southampton, there are many options available, but not all brokers are created equal. ### Access to the Best Rates and Loan Products from Trusted Lenders We work with a panel of respected and experienced lenders with excellent track records, providing our clients with access to the best rates and loan products available on the market. ### Wide Range of Loan Products Most bridging loans in Southampton are specialist products not available on the open market. We can get you access to a wide range of loans and deals that you would not find searching directly. ### Fast and Efficient Service We understand that time is of the essence when it comes to bridging loans. Our streamlined process enables us to find the right bridging loan for you in minutes, gather information and quotes from lenders within the hour, and arrange your loan within days. ### Tailored Advice and Transparent Information We provide tailored advice to our Southampton clients and transparent information throughout the lending process, ensuring you have full confidence in the products we secure for you. ### Exemplary Customer Service At Hank Zarihs Associates, we focus on building long-term relationships with our clients based on providing maximum value. Our superb track record speaks for itself. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) ##### OUR FOUR STEP SIMPLE SALES PROCESS ## Our Sales Process Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ ##### CONFUSED ABOUT FINANCE? #### Call & Discuss ##### WE WILL PACKAGE YOUR APPLICATION #### Submit Documents ## 01 Call us today to discuss your enquiry. We’ll find out what product is suited to your needs – we just need 5 mins of your time. Once we’ve received terms from our select panel of lenders, We’ll inform you of the options you have and then you’ll let us know which offer to proceed with. ## 02 ## 03 Once you’ve selected the perfect lender, we’ll go ahead and package the application on your behalf, making it a seamless and easy process. We’ll then instruct valuation and legals on the same day. Once the case has been submitted and the valuation report is back the case will be formally offered and funds can be made available to drawdown, subject to the legal due diligence being complete – From start to finish, we can have deals ready in as little as 7 working days. ## 04 ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/loan.png "loan - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### RECEIVE TERMS FROM LENDERS #### Compare Offers ##### FORMAL SUBMISSION #### Get your finance ## 01 ##### CONFUSED ABOUT FINANCE? ## Call & Discuss Call us today to discuss your enquiry. We’ll find out what product is suited to your needs – we just need 5 mins of your time. ##### RECEIVE TERMS FROM LENDERS ## Compare Offers Once we’ve received terms from our select panel of lenders, We’ll inform you of the options you have and then you’ll let us know which offer to proceed with. ## 02 ## 03 ##### WE WILL PACKAGE YOUR APPLICATION ## Submit Documents Once you’ve selected the perfect lender, we’ll go ahead and package the application on your behalf, making it a seamless and easy process. We’ll then instruct valuation and legals on the same day. ##### FORMAL SUBMISSION ## Get your finance Once the case has been submitted and the valuation report is back the case will be formally offered and funds can be made available to drawdown, subject to the legal due diligence being complete – From start to finish, we can have deals ready in as little as 7 working days. ## 04 ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/loan.png "loan - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [ Call Us Today & Get Started Now ](/contact-us/) **Tags:** Transparent Header --- ### [Bridging Loan Brokers Sheffield](https://www.hankzarihs.com/sheffield/) **Published:** June 18, 2025 **Author:** Shiraz Khan **Content:** # Bridging Loan Brokers Sheffield. ### Providing Funding Solutions for Success Hank Zarihs Associates is a team of skilled financial intermediaries who specialise in providing funding solutions for development and investment. Our expertise and experience enable us to present your project to lending institutions in a way that meets their credit committee’s requirements. We conduct due diligence on all projects to identify the best lenders and funding options available. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) ## our services in Sheffield As a professional bridging loan broker in Sheffield, we pride ourselves on offering a range of expert services to our clients. [![Service icon 1](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-1.jpg "service-icon-1 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#auction-finance)### [Auction Finance](#auction-finance) - Funding agreed in minutes - Unmortgageable property - No proof of income [![Service icon 2](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-2.jpg "service-icon-2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#bridging-finance)### [Bridging Finance](#bridging-finance) - Lending up to 80% LTV - No exits fees - All asset classes [![Service icon 3](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-3.jpg "service-icon-3 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#development-finance)### [Development Finance](#development-finance) - Ground up and conversions - 100% of construction cost - 90% loan to cost [![Service icon 4](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-4.jpg "service-icon-4 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#term-loans)### [Term Loans](#term-loans) - Whole blocks - HMO portfolio - All asset classes [![Service icon 5](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-5.jpg "service-icon-5 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#commercial-mortgages)### [Commercial Mortgages](#commercial-mortgages) - Loans up to 70% LTV - Rates from 8.99% Pa - Low Exit Fees - Loans from £250,000 to £10m [![Service icon 6](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-6.jpg "service-icon-6 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#equity-funding)### [Equity & JV Funding](#equity-funding) - To purchase residential or commercial property quickly from an auction ![Layer 2](https://www.hankzarihs.com/wp-content/uploads/2024/09/Layer-2-1024x304.png "Layer 2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Buying Property At Auction](https://www.hankzarihs.com/wp-content/uploads/2025/06/Buying-Property-At-Auction.jpg "Buying-Property-At-Auction - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Service icon 1](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-1.jpg "service-icon-1 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")### Auction Finance in Sheffield If you’re eyeing to purchase a property in Sheffield through an auction, you might need specialist finance to make the transaction happen. Whether you’re planning to refurbish a property, purchase land for development, or buy a commercial or residential property, auction loans can provide you with short-term lending designed for this specific purpose. [Auction loans](/auction-finance/ "Auction Finance") are engineered for quick turnaround times, as auction purchases require completion within 28 working days or less. Unlike traditional long-term finance, auction finance is custom-tailored to meet the specific requirements of the auction process, providing swift access to funds necessary to complete the transaction. Purchasing a property at auction in Sheffield, whether commercial or residential, can be made easier with short-term auction finance. Our streamlined process ensures that you receive tailored offers in as little as 20 minutes. Speed is essential in auction finance, and we understand that each client has unique needs. That’s why we work closely with you to provide bespoke lending solutions that fit your individual requirements. Our team of experts has extensive experience in the auction finance market and is well-versed in the intricacies of the auction process. Investing in Sheffield’s property market through auctions can be a smart move. However, it’s crucial to have access to the right financing solutions. Our specialist auction loans can provide the short-term finance you require to complete the transaction successfully. Get in touch with us today to learn more about how we can assist you in securing the funds you need to achieve your property investment goals. [ Contact Us ](/contact-us/) [![Service icon 2](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-2.jpg "service-icon-2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Bridging Finance in Sheffield](#) If you’re in the market for a new property, you may have come across the term “bridging loan.” But what exactly is a bridging loan and how can it help you achieve your investment goals? [Bridging loans](/bridging-loan-broker/) are short-term finance options designed to “bridge the gap” between purchase and long-term funding. They are an excellent option for those who require fast access to funds to acquire a property, without the delays and paperwork associated with traditional financing options. Bridging loans can be used for a variety of purposes, such as when a property is sold as part of a chain or when there is a delay between purchasing the property and the funding arrangement. They can also be used for property renovation, purchasing a commercial property, or any other investment that requires quick access to funds. Many borrowers, including individuals, developers, and enterprises, find bridging loans to be the preferred option when they require fast access to funds. This is because bridging loans are typically processed much faster than traditional financing options, making them ideal for those who need to act quickly to secure a property or investment opportunity. At Hank Zarihs, we understand that every client has unique financing needs. That’s why we work closely with our clients to provide bespoke solutions that meet their specific requirements. Our team of experts has extensive experience in the bridging loan market and understands the complexities involved in securing these types of loans. We pride ourselves on providing our clients with a fast, efficient, and hassle-free experience. We work tirelessly to ensure that our clients receive the best possible terms and rates for their bridging loans. Our team of experts will guide you through the entire process, from application to funding, ensuring that you are fully informed and comfortable with every step of the process. [ Contact Us ](/contact-us/) ![Bridging loans finance for downsizing](https://www.hankzarihs.com/wp-content/uploads/2025/06/bridging_loans_finance_for_downsizing.jpg "bridging_loans_finance_for_downsizing - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Construction finance for home property development](https://www.hankzarihs.com/wp-content/uploads/2025/06/construction_finance_for_home_property_development.jpg "construction_finance_for_home_property_development - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [![Service icon 3](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-3.jpg "service-icon-3 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Development Finance in Sheffield](#) Are you a landlord, builder, or property developer looking for development loans in Sheffield? Look no further than our expert intermediary service, which can help you find the best options from trusted lenders with expertise in the field. Our lending panel comprises a range of lenders specialising in short-term development finance, making it quicker and easier for you to access the financing you need. [Development finance](/development-finance/) is a type of financing used to fund property refurbishment or development costs. It is a suitable option for experienced borrowers, but we can also assist first-time developers in navigating the complexities of securing development finance. Our development finance solutions are ideal for anyone seeking to purchase a property at auction or secure finance against an uninhabitable property, where a standard mortgage is not applicable. We work closely with our clients to provide tailored lending solutions that meet their unique requirements. At our expert intermediary service, we pride ourselves on simplifying the process of accessing finance. We assist our clients in navigating the complex landscape of development finance and securing the best possible terms and rates for their financing needs. If you are seeking development loans in Sheffield, contact us today to learn more about how we can assist you in securing the funds you need to achieve your property investment goals. Our team of experienced professionals is dedicated to providing you with the highest level of service, helping you realise your property development ambitions. [ Contact Us ](/contact-us/) [![Service icon 4](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-4.jpg "service-icon-4 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Term Loans in Sheffield](#) Are you in need of a lump sum of money to fund a personal project or business venture? Look no further than a term loan. As experts in helping borrowers find the right financing solutions, we specialise in connecting you with lenders who offer the most competitive rates and flexible terms for your specific needs. In its simplest form, a term loan is a lump sum of money borrowed from a financial institution, such as a bank or lender. The borrower receives the funds upfront and repays the principal amount plus interest over the course of several months or years. These loans are versatile and can be used for a wide range of purposes, from home renovations to funding a new business. One of the benefits of term loans is their generally lower interest rates compared to other forms of financing. Interest rates may be fixed or variable, but they are often much lower than credit card rates or lines of credit. Additionally, term loans offer flexible repayment terms that can be tailored to meet your specific needs. [Term loans](/short-term-property-loans/) are particularly popular among business owners because they can be used for both short- and long-term goals. Whether you need funding for a new project, expanding your business, or simply managing cash flow, term loans can provide the necessary capital to help you achieve your goals. Our team of experts has years of experience in the lending industry and can assist you in securing the optimal financing solution to meet your specific needs. Whether you need a term loan for your HMO portfolio or whole blocks, we have the expertise to help you find the finance you need quickly and easily. [ Contact Us ](/contact-us/) ![Short term mortgages to finance extensions](https://www.hankzarihs.com/wp-content/uploads/2025/06/short_term_mortgages_to_finance_extensions.jpg "short_term_mortgages_to_finance_extensions - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Morden Wharf riverside park](https://www.hankzarihs.com/wp-content/uploads/2025/06/Morden-Wharf-riverside-park.jpg "Morden-Wharf-riverside-park - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [![Service icon 5](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-5.jpg "service-icon-5 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Commercial Mortgages in Sheffield](#) If you’re considering using your newly-purchased building as collateral for a loan against your business property, a commercial mortgage might be the right financing solution for you. A [commercial mortgage](/commercial-mortgage-broker/) is a type of mortgage loan that is taken out on non-residential or commercial real estate. These loans are specifically designed for businesses or investors who are looking to buy or refinance commercial assets, such as office spaces, rental properties, mixed-use buildings, and even vacant land sites. Unlike residential mortgages, commercial mortgages are more flexible and can be tailored to fit specific financing needs. A commercial mortgage can be a great financing option for businesses for several reasons. Firstly, commercial mortgages typically have lower interest rates than other forms of financing, such as unsecured loans or credit cards. Secondly, they offer longer repayment periods, which means you can spread your payments out over a longer period of time, making them more manageable. Lastly, by using your commercial property as collateral, you may be able to borrow more money than you would with an unsecured loan. Qualifying for a commercial mortgage can be more complex than qualifying for a residential mortgage, and there is no one-size-fits-all solution. To successfully qualify for a commercial mortgage, it’s important to consult with one of our advisors who can guide you through the process and help you find the best financing solution for your specific needs. [ Contact Us ](/contact-us/) [![Service icon 6](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-6.jpg "service-icon-6 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Equity & JV Funding in Sheffield](#) If you’re a property developer in Sheffield or anywhere else in the UK, you know how expensive it can be to finance a development project, whether it’s building from scratch or developing new properties. Fortunately, there’s an increasingly popular solution that can help you meet your unique financing needs: joint venture finance. [Joint venture finance](/joint-venture-property-finance/) is a financing solution that involves an investor or partner funding a property development project in exchange for a share of the profits. Essentially, it’s a partnership between the property developer and the investor, where the investor provides the necessary capital to fund the project, and the developer manages the development process. One of the most significant benefits of joint venture finance is that it allows property developers to get their projects moving quickly, even if they don’t have sufficient capital at the time. This is because the investor is putting up the funds needed to get the project off the ground. Another advantage of joint venture finance is that it offers a tailored solution to meet the specific financing needs of property developers. Every project is unique, and joint venture finance can be customised to meet the needs of each development, making it a highly flexible option. Joint venture finance is most suitable for experienced property developers who have a proven track record in property development. This is because investors want to see that their investment is going to be managed by someone with a successful history in property development. If you’re an experienced developer, joint venture finance can be an excellent option for you. It can provide you with the capital you need to get your projects moving quickly, without having to worry about finding the funds yourself. Additionally, joint venture finance can help you minimise your risk, as you’ll be sharing the risks and rewards of the development project with the investor. [ Contact Us ](/contact-us/) ![1605 Camden Goods Yard](https://www.hankzarihs.com/wp-content/uploads/2025/06/1605-Camden-Goods-Yard.jpg "1605-Camden-Goods-Yard - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") H.Z.A ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Why choose Hank Zarihs Associates? When it comes to finding a bridging loan broker in Sheffield, there are many options available, but not all brokers are created equal. Access to the Best Rates and Loan Products from Trusted Lenders We work with a panel of respected and experienced lenders with excellent track records, providing our clients with access to the best rates and loan products available on the market. Wide Range of Loan Products Most bridging loans in Sheffield are specialist products not available on the open market. We can get you access to a wide range of loans and deals that you would not find searching directly. Fast and Efficient Service We understand that time is of the essence when it comes to bridging loans. Our streamlined process enables us to find the right bridging loan for you in minutes, gather information and quotes from lenders within the hour, and arrange your loan within days. Tailored Advice and Transparent Information We provide tailored advice to our Sheffield clients and transparent information throughout the lending process, ensuring you have full confidence in the products we secure for you. Exemplary Customer Service At Hank Zarihs Associates, we focus on building long-term relationships with our clients based on providing maximum value. Our superb track record speaks for itself. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) ##### OUR FOUR STEP SIMPLE SALES PROCESS ## Our Sales Process Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ ##### CONFUSED ABOUT FINANCE? #### Call & Discuss ##### WE WILL PACKAGE YOUR APPLICATION #### Submit Documents ## 01 Call us today to discuss your enquiry. We’ll find out what product is suited to your needs – we just need 5 mins of your time. Once we’ve received terms from our select panel of lenders, We’ll inform you of the options you have and then you’ll let us know which offer to proceed with. ## 02 ## 03 Once you’ve selected the perfect lender, we’ll go ahead and package the application on your behalf, making it a seamless and easy process. We’ll then instruct valuation and legals on the same day. Once the case has been submitted and the valuation report is back the case will be formally offered and funds can be made available to drawdown, subject to the legal due diligence being complete – From start to finish, we can have deals ready in as little as 7 working days. ## 04 ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/loan.png "loan - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### RECEIVE TERMS FROM LENDERS #### Compare Offers ##### FORMAL SUBMISSION #### Get your finance ## 01 ##### CONFUSED ABOUT FINANCE? ## Call & Discuss Call us today to discuss your enquiry. We’ll find out what product is suited to your needs – we just need 5 mins of your time. ##### RECEIVE TERMS FROM LENDERS ## Compare Offers Once we’ve received terms from our select panel of lenders, We’ll inform you of the options you have and then you’ll let us know which offer to proceed with. ## 02 ## 03 ##### WE WILL PACKAGE YOUR APPLICATION ## Submit Documents Once you’ve selected the perfect lender, we’ll go ahead and package the application on your behalf, making it a seamless and easy process. We’ll then instruct valuation and legals on the same day. ##### FORMAL SUBMISSION ## Get your finance Once the case has been submitted and the valuation report is back the case will be formally offered and funds can be made available to drawdown, subject to the legal due diligence being complete – From start to finish, we can have deals ready in as little as 7 working days. ## 04 ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/loan.png "loan - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [ Call Us Today & Get Started Now ](/contact-us/) **Tags:** Transparent Header --- ### [Bridging Loan Brokers Reading](https://www.hankzarihs.com/reading/) **Published:** June 17, 2025 **Author:** Shiraz Khan **Content:** # Bridging Loan Brokers Reading. ### Providing Funding Solutions for Success Hank Zarihs Associates is a team of skilled financial intermediaries who specialise in providing funding solutions for development and investment. Our expertise and experience enable us to present your project to lending institutions in a way that meets their credit committee’s requirements. We conduct due diligence on all projects to identify the best lenders and funding options available. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) ## our services in Reading As a professional bridging loan broker in Reading, we pride ourselves on offering a range of expert services to our clients. [![Service icon 1](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-1.jpg "service-icon-1 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#auction-finance)### [Auction Finance](#auction-finance) - Funding agreed in minutes - Unmortgageable property - No proof of income [![Service icon 2](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-2.jpg "service-icon-2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#bridging-finance)### [Bridging Finance](#bridging-finance) - Lending up to 80% LTV - No exits fees - All asset classes [![Service icon 3](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-3.jpg "service-icon-3 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#development-finance)### [Development Finance](#development-finance) - Ground up and conversions - 100% of construction cost - 90% loan to cost [![Service icon 4](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-4.jpg "service-icon-4 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#term-loans)### [Term Loans](#term-loans) - Whole blocks - HMO portfolio - All asset classes [![Service icon 5](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-5.jpg "service-icon-5 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#commercial-mortgages)### [Commercial Mortgages](#commercial-mortgages) - Loans up to 70% LTV - Rates from 8.99% Pa - Low Exit Fees - Loans from £250,000 to £10m [![Service icon 6](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-6.jpg "service-icon-6 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#equity-funding)### [Equity & JV Funding](#equity-funding) - To purchase residential or commercial property quickly from an auction ![Layer 2](https://www.hankzarihs.com/wp-content/uploads/2024/09/Layer-2-1024x304.png "Layer 2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Buying Property At Auction](https://www.hankzarihs.com/wp-content/uploads/2025/06/Buying-Property-At-Auction.jpg "Buying-Property-At-Auction - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Service icon 1](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-1.jpg "service-icon-1 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")### Auction Finance in Reading The process of buying a property in Reading through an auction can be challenging and requires specialist financing to facilitate the transaction. [Auction loans](/auction-finance/ "Auction Finance") are short-term lending solutions designed explicitly for property investments, such as property renovation, land development, and commercial or residential property acquisition. Auction loans are engineered for quick turnaround times, providing swift access to the funds necessary to complete the transaction within 28 working days or less. Unlike traditional long-term finance, auction finance is custom-tailored to meet the unique needs of the auction process. This allows investors to take advantage of time-sensitive opportunities in Reading’s property market. Auction finance requires specialised expertise to navigate the intricacies of the auction process. Our team of experts has extensive experience in the auction finance market and is well-versed in the intricacies of the auction process. We work closely with each client to provide bespoke lending solutions that fit their individual requirements, ensuring successful completion of the transaction. Every client has unique financing needs, and our lending solutions are custom-tailored to meet those specific requirements. This allows investors to choose the right lending solution for their property investment goals. Our flexible lending solutions can accommodate a range of property investments, from commercial or residential acquisitions to land development and property renovation. [ Contact Us ](/contact-us/) [![Service icon 2](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-2.jpg "service-icon-2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Bridging Finance in Reading](#) Investing in property can be a lucrative venture, but securing long-term financing can be a challenging process. [Bridging loans](/bridging-loan-broker/) provide a short-term finance option designed to bridge the gap between the purchase of a property and the arrangement of long-term funding. This paper will analyse the advantages of bridging loans for property investment. **Advantages of Bridging Loans** Bridging loans provide quick access to funds, making them an ideal solution for individuals, developers, and enterprises who need to act quickly to secure a property or investment opportunity. Unlike traditional financing options, bridging loans do not require lengthy paperwork or delays associated with long-term financing options. This type of investment can be used for a variety of purposes, including property renovation, purchasing a commercial property, or any other investment that requires quick access to funds. This flexibility allows investors to take advantage of time-sensitive opportunities in the property market. Bridging loans can also be customised to meet the unique financing needs of individual investors. This ensures that investors receive the right financing option for their investment goals. The customized solutions can be tailored to a variety of purposes, including specific investment projects or particular stages of property development. At Hank Zarihs, our team of experts has extensive experience in the bridging loan market and understands the intricacies of the process. We can provide customised solutions to meet the unique financing needs of individual investors. This ensures that investors receive the right financing option for their investment goals and can be tailored to a variety of purposes, including specific investment projects or particular stages of property development. [ Contact Us ](/contact-us/) ![Bridging loans finance for downsizing](https://www.hankzarihs.com/wp-content/uploads/2025/06/bridging_loans_finance_for_downsizing.jpg "bridging_loans_finance_for_downsizing - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Construction finance for home property development](https://www.hankzarihs.com/wp-content/uploads/2025/06/construction_finance_for_home_property_development.jpg "construction_finance_for_home_property_development - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [![Service icon 3](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-3.jpg "service-icon-3 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Development Finance in Reading](#) If you’re a landlord, builder, or property developer seeking development loans in Reading, our expert intermediary service is here to assist you. We work with a panel of trusted lenders who specialise in [short-term development finance](/development-finance/), making it easier for you to access the financing you need. Development finance is a type of financing used to fund property refurbishment or development costs. It is a suitable option for experienced borrowers, but we can also assist first-time developers in navigating the complexities of securing development finance. Our lending panel comprises a range of lenders specialising in short-term development finance and are ideal for anyone seeking to purchase a property at auction or secure finance against an uninhabitable property, where a standard mortgage is not applicable. We pride ourselves on simplifying the process of accessing finance. Our team of experienced professionals is dedicated to providing you with the highest level of service, helping you realise your property development ambitions. We assist our clients in navigating the complex landscape of development finance and securing the best possible terms and rates for their financing needs. [ Contact Us ](/contact-us/) [![Service icon 4](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-4.jpg "service-icon-4 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Term Loans in Reading](#) If you are seeking a lump sum of money to finance a personal project or business venture in Reading, term loans may be the ideal solution for you. As experts in helping borrowers find the right financing solutions, we specialise in connecting you with lenders who offer the most competitive rates and flexible terms to cater to your specific needs. A [term loan](/short-term-property-loans/) is a lump sum of money borrowed from a financial institution, such as a lender or bank. The borrower receives the funds upfront and pays back the principal amount plus interest over several months or years. These loans are versatile and can be used for various purposes, such as home renovations, debt consolidation, or funding a new business. One of the primary advantages of term loans is that they have lower interest rates compared to other types of financing. Interest rates may be fixed or variable, but they are generally lower than credit card rates or lines of credit. Another advantage is that term loans offer flexible repayment terms that can be customised to suit your specific requirements. Term loans are particularly popular among business owners because they can be used for both short – and long – term goals. Whether you need funding for a new project, expanding your business, or simply managing cash flow, term loans can provide the necessary capital to help you achieve your goals. Our expert term loan service offers a wide range of options for borrowers seeking financing solutions. We work with a variety of lenders and financial institutions to offer you the best financing options and competitive rates. [ Contact Us ](/contact-us/) ![Short term mortgages to finance extensions](https://www.hankzarihs.com/wp-content/uploads/2025/06/short_term_mortgages_to_finance_extensions.jpg "short_term_mortgages_to_finance_extensions - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Morden Wharf riverside park](https://www.hankzarihs.com/wp-content/uploads/2025/06/Morden-Wharf-riverside-park.jpg "Morden-Wharf-riverside-park - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [![Service icon 5](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-5.jpg "service-icon-5 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Commercial Mortgages in Reading](#) Are you a business owner in need of financing for your commercial property in Reading? A commercial mortgage may be the perfect solution for you. A [commercial mortgage](/commercial-mortgage-broker/) is a loan that is secured against commercial real estate properties. Unlike residential mortgages, commercial mortgages are specifically designed for businesses or investors who are looking to purchase or refinance non-residential properties such as office spaces, rental properties, mixed-use buildings, and even vacant land sites. One of the main benefits of a commercial mortgage is the flexibility it offers. These loans can be customised to fit your specific financing needs and offer longer repayment periods than other forms of financing. Additionally, interest rates are typically lower compared to unsecured loans or credit cards. Qualifying for a commercial mortgage can be more complex than qualifying for a residential mortgage. Factors that lenders consider when evaluating a commercial mortgage application include the property type and value, your business’s financial history and creditworthiness, the amount of money you are requesting, and your ability to make repayments on time. To successfully qualify for a commercial mortgage, it’s important to consult with our advisors who can guide you through the process and help you find the best financing solution for your specific needs. [ Contact Us ](/contact-us/) [![Service icon 6](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-6.jpg "service-icon-6 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Equity & JV Funding in Reading](#) As a property developer in Reading or anywhere in the UK, you understand the challenges of financing development projects. The high costs of financing can be overwhelming, especially if you don’t have sufficient capital. Fortunately, joint venture finance is an increasingly popular solution that can help you meet your unique financing needs and propel your projects forward. [Joint venture finance](/joint-venture-property-finance/) is a financing solution that involves an investor or partner funding a property development project in exchange for a share of the profits. Essentially, it’s a partnership between the property developer and the investor, where the investor provides the necessary capital to fund the project, and the developer manages the development process. **Benefits of Joint Venture Finance** Joint venture finance allows property developers to kickstart their projects quickly, even if they don’t have sufficient capital at the time. This is because the investor is putting up the funds needed to get the project off the ground. - Tailored solutions that meet the specific financing needs of property developers. Every project is unique, and joint venture finance can be customised to meet the needs of each development, making it a highly flexible option. - Minimised Risk for experienced property developers who have a proven track record in property development. Investors want to see that their investment is going to be managed by someone with a successful history in property development. Joint venture finance can help you minimise your risk, as you’ll be sharing the risks and rewards of the development project with the investor. If you’re an experienced property developer, joint venture finance can be an excellent option for you. It can provide you with the capital you need to get your projects moving quickly, without having to worry about finding the funds yourself. [ Contact Us ](/contact-us/) ![1605 Camden Goods Yard](https://www.hankzarihs.com/wp-content/uploads/2025/06/1605-Camden-Goods-Yard.jpg "1605-Camden-Goods-Yard - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") H.Z.A ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Why choose Hank Zarihs Associates? When it comes to finding a bridging loan broker in Reading, there are many options available, but not all brokers are created equal. Access to the Best Rates and Loan Products from Trusted Lenders We work with a panel of respected and experienced lenders with excellent track records, providing our clients with access to the best rates and loan products available on the market. Wide Range of Loan Products Most bridging loans in Reading are specialist products not available on the open market. We can get you access to a wide range of loans and deals that you would not find searching directly. Fast and Efficient Service We understand that time is of the essence when it comes to bridging loans. Our streamlined process enables us to find the right bridging loan for you in minutes, gather information and quotes from lenders within the hour, and arrange your loan within days. Tailored Advice and Transparent Information We provide tailored advice to our Reading clients and transparent information throughout the lending process, ensuring you have full confidence in the products we secure for you. Exemplary Customer Service At Hank Zarihs Associates, we focus on building long-term relationships with our clients based on providing maximum value. Our superb track record speaks for itself. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) ##### OUR FOUR STEP SIMPLE SALES PROCESS ## Our Sales Process Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ ##### CONFUSED ABOUT FINANCE? #### Call & Discuss ##### WE WILL PACKAGE YOUR APPLICATION #### Submit Documents ## 01 Call us today to discuss your enquiry. We’ll find out what product is suited to your needs – we just need 5 mins of your time. Once we’ve received terms from our select panel of lenders, We’ll inform you of the options you have and then you’ll let us know which offer to proceed with. ## 02 ## 03 Once you’ve selected the perfect lender, we’ll go ahead and package the application on your behalf, making it a seamless and easy process. We’ll then instruct valuation and legals on the same day. Once the case has been submitted and the valuation report is back the case will be formally offered and funds can be made available to drawdown, subject to the legal due diligence being complete – From start to finish, we can have deals ready in as little as 7 working days. ## 04 ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/loan.png "loan - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### RECEIVE TERMS FROM LENDERS #### Compare Offers ##### FORMAL SUBMISSION #### Get your finance ## 01 ##### CONFUSED ABOUT FINANCE? ## Call & Discuss Call us today to discuss your enquiry. We’ll find out what product is suited to your needs – we just need 5 mins of your time. ##### RECEIVE TERMS FROM LENDERS ## Compare Offers Once we’ve received terms from our select panel of lenders, We’ll inform you of the options you have and then you’ll let us know which offer to proceed with. ## 02 ## 03 ##### WE WILL PACKAGE YOUR APPLICATION ## Submit Documents Once you’ve selected the perfect lender, we’ll go ahead and package the application on your behalf, making it a seamless and easy process. We’ll then instruct valuation and legals on the same day. ##### FORMAL SUBMISSION ## Get your finance Once the case has been submitted and the valuation report is back the case will be formally offered and funds can be made available to drawdown, subject to the legal due diligence being complete – From start to finish, we can have deals ready in as little as 7 working days. ## 04 ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/loan.png "loan - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [ Call Us Today & Get Started Now ](/contact-us/) **Tags:** Transparent Header --- ### [Bridging Loan Brokers Portsmouth](https://www.hankzarihs.com/portsmouth/) **Published:** June 19, 2025 **Author:** Shiraz Khan **Content:** # Bridging Loan Brokers Portsmouth. ### Providing Funding Solutions for Success Hank Zarihs Associates is a team of skilled financial intermediaries who specialise in providing funding solutions for development and investment. Our expertise and experience enable us to present your project to lending institutions in a way that meets their credit committee’s requirements. We conduct due diligence on all projects to identify the best lenders and funding options available. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) ## our services in Manchester As a professional bridging loan broker in Portsmouth, we pride ourselves on offering a range of expert services to our clients. [![Service icon 1](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-1.jpg "service-icon-1 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#auction-finance)### [Auction Finance](#auction-finance) - Funding agreed in minutes - Unmortgageable property - No proof of income [![Service icon 2](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-2.jpg "service-icon-2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#bridging-finance)### [Bridging Finance](#bridging-finance) - Lending up to 80% LTV - No exits fees - All asset classes [![Service icon 3](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-3.jpg "service-icon-3 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#development-finance)### [Development Finance](#development-finance) - Ground up and conversions - 100% of construction cost - 90% loan to cost [![Service icon 4](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-4.jpg "service-icon-4 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#term-loans)### [Term Loans](#term-loans) - Whole blocks - HMO portfolio - All asset classes [![Service icon 5](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-5.jpg "service-icon-5 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#commercial-mortgages)### [Commercial Mortgages](#commercial-mortgages) - Loans up to 70% LTV - Rates from 8.99% Pa - Low Exit Fees - Loans from £250,000 to £10m [![Service icon 6](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-6.jpg "service-icon-6 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#equity-funding)### [Equity & JV Funding](#equity-funding) - To purchase residential or commercial property quickly from an auction ![Layer 2](https://www.hankzarihs.com/wp-content/uploads/2024/09/Layer-2-1024x304.png "Layer 2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Buying Property At Auction](https://www.hankzarihs.com/wp-content/uploads/2025/06/Buying-Property-At-Auction.jpg "Buying-Property-At-Auction - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Service icon 1](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-1.jpg "service-icon-1 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")### Auction Finance in Portsmouth If you’re looking to purchase a property through an auction in Portsmouth, you’re likely aware that you need specialist finance to facilitate the transaction. Fortunately, [auction loans](/auction-finance/ "Auction Finance") are designed explicitly for this purpose, providing short-term lending solutions for a variety of property investments, including property renovation, land development, and commercial or residential property acquisition. **Why Auction Finance is Ideal for Purchasing Property at Auction** The auction process has unique requirements, one of which is the completion of the transaction within 28 working days or less. Unlike traditional long-term finance, auction finance is engineered for quick turnaround times, providing swift access to the funds necessary to complete the transaction. Auction finance is the ideal solution for purchasing property at auction, whether commercial or residential, in Portsmouth or elsewhere. **How Auction Loans Work** The process of obtaining an auction loan is streamlined and straightforward. Our team of experts has extensive experience in the auction finance market and is well-versed in the intricacies of the auction process. We work closely with each client to provide bespoke lending solutions that fit their individual requirements. Once you’ve found the property you want to purchase at auction, you can contact us for a consultation. Our streamlined process ensures that you receive tailored offers in as little as 20 minutes. We understand that speed is essential in auction finance, and we work closely with each client to provide financing solutions that meet their specific needs. [ Contact Us ](/contact-us/) [![Service icon 2](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-2.jpg "service-icon-2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Bridging Finance in Portsmouth](#) If you’re struggling to secure long-term financing for your property investment, a bridging loan could be the perfect solution for you. A [bridging loan](/bridging-loan-broker/) is a short-term finance option that bridges the gap between the purchase of a property and the arrangement of long-term funding. These loans are becoming increasingly popular among individuals, developers, and enterprises who need to act quickly to secure a property or investment opportunity. In this article, we’ll discuss why bridging loans could be the ideal solution for your financing needs and how Hank Zarihs can help you secure the right loan for your investment goals. **The Benefits of a Bridging Loan** - Quick access to funds, allowing you to act quickly on investment opportunities as they arise. This is particularly important in today’s fast-paced property market, where opportunities can be lost in a matter of hours. - Can be used for a variety of purposes. Whether you’re looking to renovate a property, purchase a commercial property, or invest in any other opportunity that requires quick access to funds, a bridging loan could be the ideal solution for you. - Bridging loans are flexible, with repayment terms ranging from a few weeks to several months. This allows you to tailor the loan to your specific needs, ensuring that you have the financing you need when you need it. [ Contact Us ](/contact-us/) ![Bridging loans finance for downsizing](https://www.hankzarihs.com/wp-content/uploads/2025/06/bridging_loans_finance_for_downsizing.jpg "bridging_loans_finance_for_downsizing - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Construction finance for home property development](https://www.hankzarihs.com/wp-content/uploads/2025/06/construction_finance_for_home_property_development.jpg "construction_finance_for_home_property_development - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [![Service icon 3](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-3.jpg "service-icon-3 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Development Finance in Portsmouth](#) As a landlord, builder, or property developer, securing financing can be a challenge. Traditional mortgage products may not be suitable for your needs, and accessing development finance can be complex and time-consuming. Fortunately, our expert intermediary service is here to assist you. We work with a panel of trusted lenders who specialise in [short-term development finance](/development-finance/), making it easier for you to access the financing you need. Our lending panel comprises a range of lenders with years of experience in the industry, allowing us to provide tailored lending solutions that meet our clients’ unique requirements. **What is Development Finance?** Development finance is a type of financing used to fund property refurbishment or development costs. It’s a suitable option for experienced borrowers, but we can also assist first-time developers in navigating the complexities of securing development finance. Our development finance solutions are ideal for anyone seeking to purchase a property at auction or secure finance against an uninhabitable property, where a standard mortgage is not applicable. We understand that every client’s needs are different, which is why we provide bespoke solutions that are custom-tailored to your unique requirements. [ Contact Us ](/contact-us/) [![Service icon 4](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-4.jpg "service-icon-4 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Term Loans in Portsmouth](#) If you are in need of financing for a personal project or business venture, term loans may be the ideal solution for you. Our team of experts specialises in connecting borrowers with lenders who offer the most competitive rates and flexible terms to cater to your specific needs. **What are Term Loans?** Term loans are a popular financing option for businesses seeking to fund long-term projects or purchase fixed assets. This type of loan involves borrowing a lump sum of money that must be repaid over a predetermined period, typically ranging from one to ten years. These can be secured or unsecured, meaning they may or may not require collateral. **Advantages of Term Loans** One of the primary [advantages of term loans](/short-term-property-loans/) is their typically lower interest rates compared to other types of financing. Interest rates may be fixed or variable, but they are generally lower than credit card rates or lines of credit. Furthermore, term loans offer flexible repayment terms that can be customised to suit your specific requirements. Term loans are particularly popular among business owners because they can be used for both short- and long-term goals. Whether you need funding for a new project, expanding your business, or simply managing cash flow, term loans can provide the necessary capital to help you achieve your goals. [ Contact Us ](/contact-us/) ![Short term mortgages to finance extensions](https://www.hankzarihs.com/wp-content/uploads/2025/06/short_term_mortgages_to_finance_extensions.jpg "short_term_mortgages_to_finance_extensions - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Morden Wharf riverside park](https://www.hankzarihs.com/wp-content/uploads/2025/06/Morden-Wharf-riverside-park.jpg "Morden-Wharf-riverside-park - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [![Service icon 5](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-5.jpg "service-icon-5 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Commercial Mortgages in Portsmouth](#) If you’re a business owner who recently acquired a commercial property, you may be wondering about financing options to further expand your business. One of the best options to consider is a [commercial mortgage](/commercial-mortgage-broker/). **What is a Commercial Mortgage?** A commercial mortgage is a type of loan that is specifically designed for businesses or investors looking to buy or refinance commercial properties. These properties may include office spaces, rental properties, mixed-use buildings, and even vacant land sites. Unlike residential mortgages, commercial mortgages are secured against non-residential or commercial real estate and offer more flexibility in terms of repayment periods and financing options. **Benefits of a Commercial Mortgage** The benefits of obtaining a commercial mortgage are numerous. Firstly, commercial mortgages offer lower interest rates compared to other forms of financing, such as unsecured loans or credit cards. This is because commercial mortgages are secured against a valuable asset – your commercial property. Secondly, they offer longer repayment periods, which means you can spread your payments out over a longer period of time, making them more manageable for your business. Lastly, by using your commercial property as collateral, you may be able to borrow more money than you would with an unsecured loan. It’s important to understand that qualifying for a commercial mortgage can be more complex than qualifying for a residential mortgage. Lenders will evaluate a variety of factors when reviewing your application, including the type and value of the property, your business’s financial history and creditworthiness, the amount of money you are requesting, and your ability to make repayments on time. To successfully qualify for a commercial mortgage, it’s crucial to consult with our expert advisors who can guide you through the process and help you find the best financing solution for your specific needs. **Types of Commercial Mortgages** - Fixed-rate commercial mortgages With a fixed-rate commercial mortgage, your interest rate will remain the same throughout the entire loan term, providing your business with a stable and predictable payment schedule. - Variable-rate commercial mortgages Variable-rate commercial mortgages offer an interest rate that can fluctuate over the loan term, which can be beneficial if interest rates are expected to decrease. - Balloon payment commercial mortgages Balloon payment commercial mortgages offer lower monthly payments for a set period of time, with a larger lump sum payment due at the end of the loan term. This can be an attractive option for businesses that anticipate having a large sum of money at the end of the loan term. - Interest-only commercial mortgages Interest-only commercial mortgages allow you to pay only the interest on the loan for a set period of time, providing your business with lower monthly payments during the initial loan term. Our brokerage services are designed to make the commercial mortgage application process as smooth and straightforward as possible. With our expert advice and our access to the best deals on the market, we can help you secure the financing you need to grow your business or investment portfolio. [ Contact Us ](/contact-us/) [![Service icon 6](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-6.jpg "service-icon-6 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Equity & JV Funding in Portsmouth](#) If you’re a property developer based in Portsmouth or anywhere else in the UK, you may be facing difficulties in financing your development projects. However, joint venture finance (JV Development Funding) is becoming an increasingly popular solution that can help you meet your unique financing needs. **What is Joint Venture Finance?** [Joint venture finance](/joint-venture-property-finance/) is a financing solution that involves an investor or partner funding a property development project in exchange for a share of the profits. It’s a partnership between the property developer and the investor, where the investor provides the necessary capital to fund the project, and the developer manages the development process. **Benefits of Joint Venture Finance** 1. Quick Start for Projects The investor is putting up the funds needed to get the project off the ground, which means that the developer doesn’t have to worry about finding the funds themselves. 2. Tailored Solution for Financing Needs Every project is unique, and joint venture finance can be customised to meet the needs of each development, making it a highly flexible option. 3. Risk Minimisation Investors want to see that their investment is going to be managed by someone with a successful history in property development. By partnering with an investor, property developers can share the risks and rewards of the development project, minimising their risk. If you’re an experienced property developer, joint venture finance can be an excellent option for you. It can provide you with the capital you need to get your projects moving quickly, without having to worry about finding the funds yourself. However, it’s important to note that joint venture finance requires a strong track record in property development to be successful. [ Contact Us ](/contact-us/) ![1605 Camden Goods Yard](https://www.hankzarihs.com/wp-content/uploads/2025/06/1605-Camden-Goods-Yard.jpg "1605-Camden-Goods-Yard - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") H.Z.A ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Why choose Hank Zarihs Associates? When it comes to finding a bridging loan broker in Portsmouth, there are many options available, but not all brokers are created equal. ### Access to the Best Rates and Loan Products from Trusted Lenders: We work with a panel of respected and experienced lenders with excellent track records, providing our clients with access to the best rates and loan products available on the market. ### Wide Range of Loan Products: Most bridging loans in Portsmouth are specialist products not available on the open market. We can get you access to a wide range of loans and deals that you would not find searching directly. ### Fast and Efficient Service: We understand that time is of the essence when it comes to bridging loans. Our streamlined process enables us to find the right bridging loan for you in minutes, gather information and quotes from lenders within the hour, and arrange your loan within days. ### Tailored Advice and Transparent Information: We provide tailored advice to our Portsmouth clients and transparent information throughout the lending process, ensuring you have full confidence in the products we secure for you. ### Exemplary Customer Service: At Hank Zarihs Associates, we focus on building long-term relationships with our clients based on providing maximum value. Our superb track record speaks for itself. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) ##### OUR FOUR STEP SIMPLE SALES PROCESS ## Our Sales Process Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ ##### CONFUSED ABOUT FINANCE? #### Call & Discuss ##### WE WILL PACKAGE YOUR APPLICATION #### Submit Documents ## 01 Call us today to discuss your enquiry. We’ll find out what product is suited to your needs – we just need 5 mins of your time. Once we’ve received terms from our select panel of lenders, We’ll inform you of the options you have and then you’ll let us know which offer to proceed with. ## 02 ## 03 Once you’ve selected the perfect lender, we’ll go ahead and package the application on your behalf, making it a seamless and easy process. We’ll then instruct valuation and legals on the same day. Once the case has been submitted and the valuation report is back the case will be formally offered and funds can be made available to drawdown, subject to the legal due diligence being complete – From start to finish, we can have deals ready in as little as 7 working days. ## 04 ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/loan.png "loan - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### RECEIVE TERMS FROM LENDERS #### Compare Offers ##### FORMAL SUBMISSION #### Get your finance ## 01 ##### CONFUSED ABOUT FINANCE? ## Call & Discuss Call us today to discuss your enquiry. We’ll find out what product is suited to your needs – we just need 5 mins of your time. ##### RECEIVE TERMS FROM LENDERS ## Compare Offers Once we’ve received terms from our select panel of lenders, We’ll inform you of the options you have and then you’ll let us know which offer to proceed with. ## 02 ## 03 ##### WE WILL PACKAGE YOUR APPLICATION ## Submit Documents Once you’ve selected the perfect lender, we’ll go ahead and package the application on your behalf, making it a seamless and easy process. We’ll then instruct valuation and legals on the same day. ##### FORMAL SUBMISSION ## Get your finance Once the case has been submitted and the valuation report is back the case will be formally offered and funds can be made available to drawdown, subject to the legal due diligence being complete – From start to finish, we can have deals ready in as little as 7 working days. ## 04 ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/loan.png "loan - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [ Call Us Today & Get Started Now ](/contact-us/) **Tags:** Transparent Header --- ### [Bridging Loan Brokers Poole](https://www.hankzarihs.com/poole/) **Published:** June 18, 2025 **Author:** Shiraz Khan **Content:** # Bridging Loan Brokers Poole. ### Providing Funding Solutions for Success Hank Zarihs Associates is a team of skilled financial intermediaries who specialise in providing funding solutions for development and investment. Our expertise and experience enable us to present your project to lending institutions in a way that meets their credit committee’s requirements. We conduct due diligence on all projects to identify the best lenders and funding options available. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) ## our services in Poole As a professional bridging loan broker in Poole, we pride ourselves on offering a range of expert services to our clients. [![Service icon 1](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-1.jpg "service-icon-1 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#auction-finance)### [Auction Finance](#auction-finance) - Funding agreed in minutes - Unmortgageable property - No proof of income [![Service icon 2](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-2.jpg "service-icon-2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#bridging-finance)### [Bridging Finance](#bridging-finance) - Lending up to 80% LTV - No exits fees - All asset classes [![Service icon 3](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-3.jpg "service-icon-3 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#development-finance)### [Development Finance](#development-finance) - Ground up and conversions - 100% of construction cost - 90% loan to cost [![Service icon 4](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-4.jpg "service-icon-4 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#term-loans)### [Term Loans](#term-loans) - Whole blocks - HMO portfolio - All asset classes [![Service icon 5](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-5.jpg "service-icon-5 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#commercial-mortgages)### [Commercial Mortgages](#commercial-mortgages) - Loans up to 70% LTV - Rates from 8.99% Pa - Low Exit Fees - Loans from £250,000 to £10m [![Service icon 6](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-6.jpg "service-icon-6 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#equity-funding)### [Equity & JV Funding](#equity-funding) - To purchase residential or commercial property quickly from an auction ![Layer 2](https://www.hankzarihs.com/wp-content/uploads/2024/09/Layer-2-1024x304.png "Layer 2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Buying Property At Auction](https://www.hankzarihs.com/wp-content/uploads/2025/06/Buying-Property-At-Auction.jpg "Buying-Property-At-Auction - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Service icon 1](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-1.jpg "service-icon-1 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")### Auction Finance in Poole The process of buying a property in Poole through an auction can be challenging and requires specialist financing to facilitate the transaction. [Auction loans](/auction-finance/ "Auction Finance") are short-term lending solutions designed explicitly for property investments, such as property renovation, land development, and commercial or residential property acquisition. Auction loans are engineered for quick turnaround times, providing swift access to the funds necessary to complete the transaction within 28 working days or less. Unlike traditional long-term finance, auction finance is custom-tailored to meet the unique needs of the auction process. This allows investors to take advantage of time-sensitive opportunities in Poole’s property market. Auction finance requires specialised expertise to navigate the intricacies of the auction process. Our team of experts has extensive experience in the auction finance market and is well-versed in the intricacies of the auction process. We work closely with each client to provide bespoke lending solutions that fit their individual requirements, ensuring successful completion of the transaction. Every client has unique financing needs, and our lending solutions are custom-tailored to meet those specific requirements. This allows investors to choose the right lending solution for their property investment goals. Our flexible lending solutions can accommodate a range of property investments, from commercial or residential acquisitions to land development and property renovation. [ Contact Us ](/contact-us/) [![Service icon 2](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-2.jpg "service-icon-2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Bridging Finance in Poole](#) Investing in property can be a lucrative venture, but securing long-term financing can be a challenging process. [Bridging loans](/bridging-loan-broker/) provide a short-term finance option designed to bridge the gap between the purchase of a property and the arrangement of long-term funding. This paper will analyse the advantages of bridging loans for property investment. **Advantages of Bridging Loans** Bridging loans provide quick access to funds, making them an ideal solution for individuals, developers, and enterprises who need to act quickly to secure a property or investment opportunity. Unlike traditional financing options, bridging loans do not require lengthy paperwork or delays associated with long-term financing options. This type of investment can be used for a variety of purposes, including property renovation, purchasing a commercial property, or any other investment that requires quick access to funds. This flexibility allows investors to take advantage of time-sensitive opportunities in the property market. Bridging loans can also be customised to meet the unique financing needs of individual investors. This ensures that investors receive the right financing option for their investment goals. The customized solutions can be tailored to a variety of purposes, including specific investment projects or particular stages of property development. At Hank Zarihs, our team of experts has extensive experience in the bridging loan market and understands the intricacies of the process. We can provide customised solutions to meet the unique financing needs of individual investors. This ensures that investors receive the right financing option for their investment goals and can be tailored to a variety of purposes, including specific investment projects or particular stages of property development. [ Contact Us ](/contact-us/) ![Bridging loans finance for downsizing](https://www.hankzarihs.com/wp-content/uploads/2025/06/bridging_loans_finance_for_downsizing.jpg "bridging_loans_finance_for_downsizing - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Construction finance for home property development](https://www.hankzarihs.com/wp-content/uploads/2025/06/construction_finance_for_home_property_development.jpg "construction_finance_for_home_property_development - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [![Service icon 3](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-3.jpg "service-icon-3 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Development Finance in Poole](#) If you’re a landlord, builder, or property developer seeking development loans in Poole, our expert intermediary service is here to assist you. We work with a panel of trusted lenders who specialise in [short-term development finance](/development-finance/), making it easier for you to access the financing you need. Development finance is a type of financing used to fund property refurbishment or development costs. It is a suitable option for experienced borrowers, but we can also assist first-time developers in navigating the complexities of securing development finance. Our lending panel comprises a range of lenders specialising in short-term development finance and are ideal for anyone seeking to purchase a property at auction or secure finance against an uninhabitable property, where a standard mortgage is not applicable. We pride ourselves on simplifying the process of accessing finance. Our team of experienced professionals is dedicated to providing you with the highest level of service, helping you realise your property development ambitions. We assist our clients in navigating the complex landscape of development finance and securing the best possible terms and rates for their financing needs. [ Contact Us ](/contact-us/) [![Service icon 4](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-4.jpg "service-icon-4 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Term Loans in Poole](#) If you are seeking a lump sum of money to finance a personal project or business venture in Poole, term loans may be the ideal solution for you. As experts in helping borrowers find the right financing solutions, we specialise in connecting you with lenders who offer the most competitive rates and flexible terms to cater to your specific needs. A [term loan](/short-term-property-loans/) is a lump sum of money borrowed from a financial institution, such as a lender or bank. The borrower receives the funds upfront and pays back the principal amount plus interest over several months or years. These loans are versatile and can be used for various purposes, such as home renovations, debt consolidation, or funding a new business. One of the primary advantages of term loans is that they have lower interest rates compared to other types of financing. Interest rates may be fixed or variable, but they are generally lower than credit card rates or lines of credit. Another advantage is that term loans offer flexible repayment terms that can be customised to suit your specific requirements. Term loans are particularly popular among business owners because they can be used for both short – and long – term goals. Whether you need funding for a new project, expanding your business, or simply managing cash flow, term loans can provide the necessary capital to help you achieve your goals. Our expert term loan service offers a wide range of options for borrowers seeking financing solutions. We work with a variety of lenders and financial institutions to offer you the best financing options and competitive rates. [ Contact Us ](/contact-us/) ![Short term mortgages to finance extensions](https://www.hankzarihs.com/wp-content/uploads/2025/06/short_term_mortgages_to_finance_extensions.jpg "short_term_mortgages_to_finance_extensions - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Morden Wharf riverside park](https://www.hankzarihs.com/wp-content/uploads/2025/06/Morden-Wharf-riverside-park.jpg "Morden-Wharf-riverside-park - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [![Service icon 5](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-5.jpg "service-icon-5 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Commercial Mortgages in Poole](#) Are you a business owner in need of financing for your commercial property in Poole? A commercial mortgage may be the perfect solution for you. A [commercial mortgage](/commercial-mortgage-broker/) is a loan that is secured against commercial real estate properties. Unlike residential mortgages, commercial mortgages are specifically designed for businesses or investors who are looking to purchase or refinance non-residential properties such as office spaces, rental properties, mixed-use buildings, and even vacant land sites. One of the main benefits of a commercial mortgage is the flexibility it offers. These loans can be customised to fit your specific financing needs and offer longer repayment periods than other forms of financing. Additionally, interest rates are typically lower compared to unsecured loans or credit cards. Qualifying for a commercial mortgage can be more complex than qualifying for a residential mortgage. Factors that lenders consider when evaluating a commercial mortgage application include the property type and value, your business’s financial history and creditworthiness, the amount of money you are requesting, and your ability to make repayments on time. To successfully qualify for a commercial mortgage, it’s important to consult with our advisors who can guide you through the process and help you find the best financing solution for your specific needs. [ Contact Us ](/contact-us/) [![Service icon 6](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-6.jpg "service-icon-6 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Equity & JV Funding in Poole](#) As a property developer in Poole or anywhere in the UK, you understand the challenges of financing development projects. The high costs of financing can be overwhelming, especially if you don’t have sufficient capital. Fortunately, joint venture finance is an increasingly popular solution that can help you meet your unique financing needs and propel your projects forward. [Joint venture finance](/joint-venture-property-finance/) is a financing solution that involves an investor or partner funding a property development project in exchange for a share of the profits. Essentially, it’s a partnership between the property developer and the investor, where the investor provides the necessary capital to fund the project, and the developer manages the development process. **Benefits of Joint Venture Finance** Joint venture finance allows property developers to kickstart their projects quickly, even if they don’t have sufficient capital at the time. This is because the investor is putting up the funds needed to get the project off the ground. - Tailored solutions that meet the specific financing needs of property developers. Every project is unique, and joint venture finance can be customised to meet the needs of each development, making it a highly flexible option. - Minimised Risk for experienced property developers who have a proven track record in property development. Investors want to see that their investment is going to be managed by someone with a successful history in property development. Joint venture finance can help you minimise your risk, as you’ll be sharing the risks and rewards of the development project with the investor. If you’re an experienced property developer, joint venture finance can be an excellent option for you. It can provide you with the capital you need to get your projects moving quickly, without having to worry about finding the funds yourself. [ Contact Us ](/contact-us/) ![1605 Camden Goods Yard](https://www.hankzarihs.com/wp-content/uploads/2025/06/1605-Camden-Goods-Yard.jpg "1605-Camden-Goods-Yard - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") H.Z.A ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Why choose Hank Zarihs Associates? When it comes to finding a bridging loan broker in Poole, there are many options available, but not all brokers are created equal. Access to the Best Rates and Loan Products from Trusted Lenders We work with a panel of respected and experienced lenders with excellent track records, providing our clients with access to the best rates and loan products available on the market. Wide Range of Loan Products Most bridging loans in Poole are specialist products not available on the open market. We can get you access to a wide range of loans and deals that you would not find searching directly. Fast and Efficient Service We understand that time is of the essence when it comes to bridging loans. Our streamlined process enables us to find the right bridging loan for you in minutes, gather information and quotes from lenders within the hour, and arrange your loan within days. Tailored Advice and Transparent Information We provide tailored advice to our Poole clients and transparent information throughout the lending process, ensuring you have full confidence in the products we secure for you. Exemplary Customer Service At Hank Zarihs Associates, we focus on building long-term relationships with our clients based on providing maximum value. Our superb track record speaks for itself. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) ##### OUR FOUR STEP SIMPLE SALES PROCESS ## Our Sales Process Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ ##### CONFUSED ABOUT FINANCE? #### Call & Discuss ##### WE WILL PACKAGE YOUR APPLICATION #### Submit Documents ## 01 Call us today to discuss your enquiry. We’ll find out what product is suited to your needs – we just need 5 mins of your time. Once we’ve received terms from our select panel of lenders, We’ll inform you of the options you have and then you’ll let us know which offer to proceed with. ## 02 ## 03 Once you’ve selected the perfect lender, we’ll go ahead and package the application on your behalf, making it a seamless and easy process. We’ll then instruct valuation and legals on the same day. Once the case has been submitted and the valuation report is back the case will be formally offered and funds can be made available to drawdown, subject to the legal due diligence being complete – From start to finish, we can have deals ready in as little as 7 working days. ## 04 ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/loan.png "loan - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### RECEIVE TERMS FROM LENDERS #### Compare Offers ##### FORMAL SUBMISSION #### Get your finance ## 01 ##### CONFUSED ABOUT FINANCE? ## Call & Discuss Call us today to discuss your enquiry. We’ll find out what product is suited to your needs – we just need 5 mins of your time. ##### RECEIVE TERMS FROM LENDERS ## Compare Offers Once we’ve received terms from our select panel of lenders, We’ll inform you of the options you have and then you’ll let us know which offer to proceed with. ## 02 ## 03 ##### WE WILL PACKAGE YOUR APPLICATION ## Submit Documents Once you’ve selected the perfect lender, we’ll go ahead and package the application on your behalf, making it a seamless and easy process. We’ll then instruct valuation and legals on the same day. ##### FORMAL SUBMISSION ## Get your finance Once the case has been submitted and the valuation report is back the case will be formally offered and funds can be made available to drawdown, subject to the legal due diligence being complete – From start to finish, we can have deals ready in as little as 7 working days. ## 04 ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/loan.png "loan - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [ Call Us Today & Get Started Now ](/contact-us/) **Tags:** Transparent Header --- ### [Bridging Loan Brokers Plymouth](https://www.hankzarihs.com/plymouth/) **Published:** June 19, 2025 **Author:** Shiraz Khan **Content:** # Bridging Loan Brokers Plymouth. ### Providing Funding Solutions for Success Hank Zarihs Associates is a team of skilled financial intermediaries who specialise in providing funding solutions for development and investment. Our expertise and experience enable us to present your project to lending institutions in a way that meets their credit committee’s requirements. We conduct due diligence on all projects to identify the best lenders and funding options available. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) ## our services in Plymouth As a professional bridging loan broker in Plymouth, we pride ourselves on offering a range of expert services to our clients. [![Service icon 1](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-1.jpg "service-icon-1 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#auction-finance)### [Auction Finance](#auction-finance) - Funding agreed in minutes - Unmortgageable property - No proof of income [![Service icon 2](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-2.jpg "service-icon-2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#bridging-finance)### [Bridging Finance](#bridging-finance) - Lending up to 80% LTV - No exits fees - All asset classes [![Service icon 3](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-3.jpg "service-icon-3 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#development-finance)### [Development Finance](#development-finance) - Ground up and conversions - 100% of construction cost - 90% loan to cost [![Service icon 4](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-4.jpg "service-icon-4 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#term-loans)### [Term Loans](#term-loans) - Whole blocks - HMO portfolio - All asset classes [![Service icon 5](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-5.jpg "service-icon-5 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#commercial-mortgages)### [Commercial Mortgages](#commercial-mortgages) - Loans up to 70% LTV - Rates from 8.99% Pa - Low Exit Fees - Loans from £250,000 to £10m [![Service icon 6](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-6.jpg "service-icon-6 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#equity-funding)### [Equity & JV Funding](#equity-funding) - To purchase residential or commercial property quickly from an auction ![Layer 2](https://www.hankzarihs.com/wp-content/uploads/2024/09/Layer-2-1024x304.png "Layer 2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Buying Property At Auction](https://www.hankzarihs.com/wp-content/uploads/2025/06/Buying-Property-At-Auction.jpg "Buying-Property-At-Auction - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Service icon 1](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-1.jpg "service-icon-1 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")### Auction Finance in Plymouth If you’re looking to buy a property in Plymouth through an auction, you’ll need specialist finance to facilitate the transaction. Luckily, auction loans are designed explicitly for this purpose, providing short-term lending solutions for a variety of property investments, including property renovation, land development, and commercial or residential property acquisition. [Auction finance](/auction-finance/ "Auction Finance") is solution that is custom-tailored to meet the unique needs of the auction process, which requires completion within 28 working days or less. Unlike traditional long-term finance, auction finance is engineered for quick turnaround times, providing swift access to the funds necessary to complete the transaction. Buying a property through auction in Plymouth, whether commercial or residential, can be made more accessible with short-term auction finance. Our streamlined process ensures that you receive tailored offers in as little as 20 minutes. We understand that speed is essential in auction finance, and we work closely with each client to provide bespoke lending solutions that fit their individual requirements. Our team of experts has extensive experience in the auction finance market and is well-versed in the intricacies of the auction process. Investing in Plymouth’s property market through auctions can be a wise decision. However, having access to the right financing solutions is crucial. Our specialist auction loans can provide the short-term finance you need to complete the transaction successfully. Whether you’re a property investor, developer, or business owner, our financing solutions can be tailored to your specific needs. **Why Choose Our Auction Loans?** Our auction loans are designed to be flexible and custom-tailored to your specific requirements, offering you the following benefits: 1. Our auction loans are engineered for quick turnaround times, providing swift access to the funds you need to complete the transaction. 2. Team of experts with extensive experience in the auction finance market and is well-versed in the intricacies of the auction process. We work closely with each client to provide bespoke lending solutions that fit their individual requirements. 3. We understand that every client has unique financing needs. That’s why our financing solutions are custom-tailored to your specific requirements, ensuring that you receive the right lending solution for your property investment goals. 4. Our streamlined process ensures that you receive tailored offers in as little as 20 minutes, giving you the speed and efficiency you need to succeed in the auction process. [ Contact Us ](/contact-us/) [![Service icon 2](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-2.jpg "service-icon-2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Bridging Finance in Plymouth](#) Are you looking to invest in a new property but struggling to secure long-term financing? If so, a bridging loan may be the ideal solution for you. A [bridging loan](/bridging-loan-broker/) is a short-term finance option designed to bridge the gap between the purchase of a property and the arrangement of long-term funding. It’s a popular choice for those who require fast access to funds to acquire a property without the delays and paperwork associated with traditional financing options. Bridging loans can be used for a variety of purposes, including property renovation, purchasing a commercial property, or any other investment that requires quick access to funds. It’s also ideal for individuals, developers, and enterprises who need to act quickly to secure a property or investment opportunity. At Hank Zarihs, we understand that every client has unique financing needs. That’s why we provide bespoke solutions tailored to meet your specific requirements. Our team of experts has extensive experience in the bridging loan market and understands the complexities involved in securing these types of loans. **Why Choose Hank Zarihs for Your Bridging Loan?** 1. We understand that time is of the essence when it comes to securing a property or investment opportunity. That’s why we provide fast and efficient service to ensure that you receive the funds you need as quickly as possible. 2. Team of experts with a wealth of experience in the bridging loan market and understands the intricacies of the process. We work closely with our clients to provide bespoke solutions that meet their unique financing needs. 3. We pride ourselves on providing our clients with a hassle-free experience. Our team will guide you through the entire process, from application to funding, ensuring that you are fully informed and comfortable with every step of the process. 4. We understand that every client has unique financing needs. That’s why we provide customised solutions tailored to meet your specific requirements, ensuring that you receive the right financing option for your investment goals. [ Contact Us ](/contact-us/) ![Bridging loans finance for downsizing](https://www.hankzarihs.com/wp-content/uploads/2025/06/bridging_loans_finance_for_downsizing.jpg "bridging_loans_finance_for_downsizing - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Construction finance for home property development](https://www.hankzarihs.com/wp-content/uploads/2025/06/construction_finance_for_home_property_development.jpg "construction_finance_for_home_property_development - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [![Service icon 3](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-3.jpg "service-icon-3 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Development Finance in Plymouth](#) If you’re a landlord, builder, or property developer seeking development loans in Plymouth, our expert intermediary service is here to assist you. We work with a panel of trusted lenders who specialise in short-term development finance, making it easier for you to access the financing you need. [Development finance](/development-finance/) is a type of financing used to fund property refurbishment or development costs. It’s a suitable option for experienced borrowers, but we can also assist first-time developers in navigating the complexities of securing development finance. Our lending panel comprises a range of lenders specialising in short-term development finance. We work closely with our clients to provide tailored lending solutions that meet their unique requirements. Our development finance solutions are ideal for anyone seeking to purchase a property at auction or secure finance against an uninhabitable property, where a standard mortgage is not applicable. At our expert intermediary service, we pride ourselves on simplifying the process of accessing finance. We assist our clients in navigating the complex landscape of development finance and securing the best possible terms and rates for their financing needs. Our team of experienced professionals is dedicated to providing you with the highest level of service, helping you realise your property development ambitions. **Why Choose Our Expert Intermediary Service for Your Development Finance Needs?** 1. Simplified process: We simplify the process of accessing finance by working closely with our clients to provide tailored lending solutions that meet their specific requirements. 2. Panel of trusted lenders: We work with a panel of trusted lenders who specialise in short-term development finance, providing you with a range of options to choose from. 3. Experienced professionals: Our team of experienced professionals is dedicated to providing you with the highest level of service, helping you realize your property development ambitions. 4. Bespoke solutions: Our development finance solutions are custom-tailored to your unique requirements, ensuring that you receive the right financing option for your property development goals. [ Contact Us ](/contact-us/) [![Service icon 4](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-4.jpg "service-icon-4 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Term Loans in Plymouth](#) If you’re looking for a lump sum of money to finance your personal project or business venture, term loans may be the ideal solution for you. As a team of experts in helping borrowers find the right financing solutions, we specialise in connecting you with lenders who offer the most competitive rates and flexible terms to cater to your specific needs. At its core, a [term loan](/short-term-property-loans/) is a lump sum of money borrowed from a financial institution, such as a lender or bank. The borrower receives the funds upfront and pays back the principal amount plus interest over several months or years. These loans are versatile and can be used for various purposes, such as home renovations, debt consolidation, or funding a new business. One of the primary advantages of term loans is their typically lower interest rates compared to other types of financing. Interest rates may be fixed or variable, but they are generally lower than credit card rates or lines of credit. Furthermore, term loans offer flexible repayment terms that can be customised to suit your specific requirements. Term loans are particularly popular among business owners because they can be used for both short- and long-term goals. Whether you need funding for a new project, expanding your business, or simply managing cash flow, term loans can provide the necessary capital to help you achieve your goals. **Why Choose Our Expert Term Loan Service?** 1. We work with a variety of lenders and financial institutions to offer you the best financing options and competitive rates. 2. We understand that every borrower has unique financing needs. That’s why we provide custom-tailored lending solutions to cater to your specific requirements. 3. Team of experts who can assist you in securing the financing you need quickly and easily, providing you with a hassle-free experience. 4. Experts that have extensive experience in the lending industry and can assist you in securing the optimal financing solution to meet your specific needs. [ Contact Us ](/contact-us/) ![Short term mortgages to finance extensions](https://www.hankzarihs.com/wp-content/uploads/2025/06/short_term_mortgages_to_finance_extensions.jpg "short_term_mortgages_to_finance_extensions - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Morden Wharf riverside park](https://www.hankzarihs.com/wp-content/uploads/2025/06/Morden-Wharf-riverside-park.jpg "Morden-Wharf-riverside-park - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [![Service icon 5](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-5.jpg "service-icon-5 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Commercial Mortgages in Plymouth](#) If you’ve recently purchased a commercial property and are considering using it as collateral for a loan against your business property, a commercial mortgage may be the right financing solution for you. However, before making any decisions, it’s crucial to understand the basics of commercial mortgages and how they work. A [commercial mortgage](/commercial-mortgage-broker/) is a type of mortgage loan that is secured against non-residential or commercial real estate. It is specifically designed for businesses or investors looking to buy or refinance commercial assets such as office spaces, rental properties, mixed-use buildings, and even vacant land sites. Unlike residential mortgages, commercial mortgages offer more flexibility and can be tailored to fit specific financing needs. There are several benefits of using a commercial mortgage to finance your business property. Firstly, commercial mortgages typically offer lower interest rates compared to other forms of financing, such as unsecured loans or credit cards. Secondly, they offer longer repayment periods, which means you can spread your payments out over a longer period of time, making them more manageable. Lastly, by using your commercial property as collateral, you may be able to borrow more money than you would with an unsecured loan. Qualifying for a commercial mortgage can be more complex than qualifying for a residential mortgage, and there is no one-size-fits-all solution. To successfully qualify for a commercial mortgage, it’s important to consult with our advisors who can guide you through the process and help you find the best financing solution for your specific needs. Factors that lenders consider when evaluating a commercial mortgage application include the property type and value, your business’s financial history and creditworthiness, the amount of money you are requesting, and your ability to make repayments on time. [ Contact Us ](/contact-us/) [![Service icon 6](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-6.jpg "service-icon-6 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Equity & JV Funding in Plymouth](#) If you’re a property developer based in Plymouth or anywhere else in the UK, you may be struggling with the high costs of financing your development projects. Fortunately, joint venture finance is an increasingly popular solution that can help you meet your unique financing needs. [Joint venture finance](/joint-venture-property-finance/) is a financing solution that involves an investor or partner funding a property development project in exchange for a share of the profits. Essentially, it’s a partnership between the property developer and the investor, where the investor provides the necessary capital to fund the project, and the developer manages the development process. There are several benefits of joint venture finance, making it an attractive option for property developers. Firstly, joint venture finance allows property developers to kickstart their projects quickly, even if they don’t have sufficient capital at the time. This is because the investor is putting up the funds needed to get the project off the ground. Furthermore, joint venture finance offers a tailored solution to meet the specific financing needs of property developers. Every project is unique, and joint venture finance can be customised to meet the needs of each development, making it a highly flexible option.. If you’re an experienced developer, joint venture finance can be an excellent option for you. It can provide you with the capital you need to get your projects moving quickly, without having to worry about finding the funds yourself. Additionally, joint venture finance can help you minimise your risk, as you’ll be sharing the risks and rewards of the development project with the investor. [ Contact Us ](/contact-us/) ![1605 Camden Goods Yard](https://www.hankzarihs.com/wp-content/uploads/2025/06/1605-Camden-Goods-Yard.jpg "1605-Camden-Goods-Yard - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") H.Z.A ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Why choose Hank Zarihs Associates? When it comes to finding a bridging loan broker in Plymouth, there are many options available, but not all brokers are created equal. ### Access to the Best Rates and Loan Products from Trusted Lenders We work with a panel of respected and experienced lenders with excellent track records, providing our clients with access to the best rates and loan products available on the market. ### Wide Range of Loan Products Most bridging loans are specialist products not available on the open market. We can get you access to a wide range of loans and deals that you would not find searching directly. ### Fast and Efficient Service We understand that time is of the essence when it comes to bridging loans. Our streamlined process enables us to find the right bridging loan for you in minutes, gather information and quotes from lenders within the hour, and arrange your loan within days. ### Tailored Advice and Transparent Information We provide tailored advice to our Plymouth clients and transparent information throughout the lending process, ensuring you have full confidence in the products we secure for you. ### Exemplary Customer Service At Hank Zarihs Associates, we focus on building long-term relationships with our clients based on providing maximum value. Our superb track record speaks for itself. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) ##### OUR FOUR STEP SIMPLE SALES PROCESS ## Our Sales Process Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ ##### CONFUSED ABOUT FINANCE? #### Call & Discuss ##### WE WILL PACKAGE YOUR APPLICATION #### Submit Documents ## 01 Call us today to discuss your enquiry. We’ll find out what product is suited to your needs – we just need 5 mins of your time. Once we’ve received terms from our select panel of lenders, We’ll inform you of the options you have and then you’ll let us know which offer to proceed with. ## 02 ## 03 Once you’ve selected the perfect lender, we’ll go ahead and package the application on your behalf, making it a seamless and easy process. We’ll then instruct valuation and legals on the same day. Once the case has been submitted and the valuation report is back the case will be formally offered and funds can be made available to drawdown, subject to the legal due diligence being complete – From start to finish, we can have deals ready in as little as 7 working days. ## 04 ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/loan.png "loan - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### RECEIVE TERMS FROM LENDERS #### Compare Offers ##### FORMAL SUBMISSION #### Get your finance ## 01 ##### CONFUSED ABOUT FINANCE? ## Call & Discuss Call us today to discuss your enquiry. We’ll find out what product is suited to your needs – we just need 5 mins of your time. ##### RECEIVE TERMS FROM LENDERS ## Compare Offers Once we’ve received terms from our select panel of lenders, We’ll inform you of the options you have and then you’ll let us know which offer to proceed with. ## 02 ## 03 ##### WE WILL PACKAGE YOUR APPLICATION ## Submit Documents Once you’ve selected the perfect lender, we’ll go ahead and package the application on your behalf, making it a seamless and easy process. We’ll then instruct valuation and legals on the same day. ##### FORMAL SUBMISSION ## Get your finance Once the case has been submitted and the valuation report is back the case will be formally offered and funds can be made available to drawdown, subject to the legal due diligence being complete – From start to finish, we can have deals ready in as little as 7 working days. ## 04 ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/loan.png "loan - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [ Call Us Today & Get Started Now ](/contact-us/) **Tags:** Transparent Header --- ### [Bridging Loan Brokers Northampton](https://www.hankzarihs.com/northampton/) **Published:** June 18, 2025 **Author:** Shiraz Khan **Content:** # Bridging Loan Brokers Northampton. ### Providing Funding Solutions for Success Hank Zarihs Associates is a team of skilled financial intermediaries who specialise in providing funding solutions for development and investment. Our expertise and experience enable us to present your project to lending institutions in a way that meets their credit committee’s requirements. We conduct due diligence on all projects to identify the best lenders and funding options available. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) ## our services in Northampton As a professional bridging loan broker in Northampton, we pride ourselves on offering a range of expert services to our clients. [![Service icon 1](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-1.jpg "service-icon-1 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#auction-finance)### [Auction Finance](#auction-finance) - Funding agreed in minutes - Unmortgageable property - No proof of income [![Service icon 2](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-2.jpg "service-icon-2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#bridging-finance)### [Bridging Finance](#bridging-finance) - Lending up to 80% LTV - No exits fees - All asset classes [![Service icon 3](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-3.jpg "service-icon-3 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#development-finance)### [Development Finance](#development-finance) - Ground up and conversions - 100% of construction cost - 90% loan to cost [![Service icon 4](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-4.jpg "service-icon-4 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#term-loans)### [Term Loans](#term-loans) - Whole blocks - HMO portfolio - All asset classes [![Service icon 5](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-5.jpg "service-icon-5 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#commercial-mortgages)### [Commercial Mortgages](#commercial-mortgages) - Loans up to 70% LTV - Rates from 8.99% Pa - Low Exit Fees - Loans from £250,000 to £10m [![Service icon 6](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-6.jpg "service-icon-6 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#equity-funding)### [Equity & JV Funding](#equity-funding) - To purchase residential or commercial property quickly from an auction ![Layer 2](https://www.hankzarihs.com/wp-content/uploads/2024/09/Layer-2-1024x304.png "Layer 2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Buying Property At Auction](https://www.hankzarihs.com/wp-content/uploads/2025/06/Buying-Property-At-Auction.jpg "Buying-Property-At-Auction - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Service icon 1](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-1.jpg "service-icon-1 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")### Auction Finance in Northampton If you’re looking to buy a property in Northampton through an auction, you’ll need specialist finance to facilitate the transaction. Luckily, auction loans are designed explicitly for this purpose, providing short-term lending solutions for a variety of property investments, including property renovation, land development, and commercial or residential property acquisition. [Auction finance](/auction-finance/ "Auction Finance") is solution that is custom-tailored to meet the unique needs of the auction process, which requires completion within 28 working days or less. Unlike traditional long-term finance, auction finance is engineered for quick turnaround times, providing swift access to the funds necessary to complete the transaction. Buying a property through auction in Northampton, whether commercial or residential, can be made more accessible with short-term auction finance. Our streamlined process ensures that you receive tailored offers in as little as 20 minutes. We understand that speed is essential in auction finance, and we work closely with each client to provide bespoke lending solutions that fit their individual requirements. Our team of experts has extensive experience in the auction finance market and is well-versed in the intricacies of the auction process. Investing in Northampton’s property market through auctions can be a wise decision. However, having access to the right financing solutions is crucial. Our specialist auction loans can provide the short-term finance you need to complete the transaction successfully. Whether you’re a property investor, developer, or business owner, our financing solutions can be tailored to your specific needs. **Why Choose Our Auction Loans?** Our auction loans are designed to be flexible and custom-tailored to your specific requirements, offering you the following benefits: 1. Our auction loans are engineered for quick turnaround times, providing swift access to the funds you need to complete the transaction. 2. Our team of experts has extensive experience in the auction finance market and is well-versed in the intricacies of the auction process. We work closely with each client to provide bespoke lending solutions that fit their individual requirements. 3. We understand that every client has unique financing needs. That’s why our financing solutions are custom-tailored to your specific requirements, ensuring that you receive the right lending solution for your property investment goals. 4. Our streamlined process ensures that you receive tailored offers in as little as 20 minutes, giving you the speed and efficiency you need to succeed in the auction process. [ Contact Us ](/contact-us/) [![Service icon 2](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-2.jpg "service-icon-2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Bridging Finance in Northampton](#) Are you looking to invest in a new property but struggling to secure long-term financing? If so, a bridging loan may be the ideal solution for you. A [bridging loan](/bridging-loan-broker/) is a short-term finance option designed to bridge the gap between the purchase of a property and the arrangement of long-term funding. It’s a popular choice for those who require fast access to funds to acquire a property without the delays and paperwork associated with traditional financing options. Bridging loans can be used for a variety of purposes, including property renovation, purchasing a commercial property, or any other investment that requires quick access to funds. It’s also ideal for individuals, developers, and enterprises who need to act quickly to secure a property or investment opportunity. At Hank Zarihs, we understand that every client has unique financing needs. That’s why we provide bespoke solutions tailored to meet your specific requirements. Our team of experts has extensive experience in the bridging loan market and understands the complexities involved in securing these types of loans. **Why Choose Hank Zarihs for Your Bridging Loan?** 1. We understand that time is of the essence when it comes to securing a property or investment opportunity. That’s why we provide fast and efficient service to ensure that you receive the funds you need as quickly as possible. 2. Our team of experts has a wealth of experience in the bridging loan market and understands the intricacies of the process. We work closely with our clients to provide bespoke solutions that meet their unique financing needs. 3. We pride ourselves on providing our clients with a hassle-free experience. Our team will guide you through the entire process, from application to funding, ensuring that you are fully informed and comfortable with every step of the process. 4. We understand that every client has unique financing needs. That’s why we provide customised solutions tailored to meet your specific requirements, ensuring that you receive the right financing option for your investment goals. [ Contact Us ](/contact-us/) ![Bridging loans finance for downsizing](https://www.hankzarihs.com/wp-content/uploads/2025/06/bridging_loans_finance_for_downsizing.jpg "bridging_loans_finance_for_downsizing - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Construction finance for home property development](https://www.hankzarihs.com/wp-content/uploads/2025/06/construction_finance_for_home_property_development.jpg "construction_finance_for_home_property_development - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [![Service icon 3](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-3.jpg "service-icon-3 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Development Finance in Northampton](#) If you’re a landlord, builder, or property developer seeking development loans in Northampton, our expert intermediary service is here to assist you. We work with a panel of trusted lenders who specialise in short-term development finance, making it easier for you to access the financing you need. [Development finance](/development-finance/) is a type of financing used to fund property refurbishment or development costs. It’s a suitable option for experienced borrowers, but we can also assist first-time developers in navigating the complexities of securing development finance. Our lending panel comprises a range of lenders specialising in short-term development finance. We work closely with our clients to provide tailored lending solutions that meet their unique requirements. Our development finance solutions are ideal for anyone seeking to purchase a property at auction or secure finance against an uninhabitable property, where a standard mortgage is not applicable. At our expert intermediary service, we pride ourselves on simplifying the process of accessing finance. We assist our clients in navigating the complex landscape of development finance and securing the best possible terms and rates for their financing needs. Our team of experienced professionals is dedicated to providing you with the highest level of service, helping you realize your property development ambitions. **Why Choose Our Expert Intermediary Service for Your Development Finance Needs?** 1. We simplify the process of accessing finance by working closely with our clients to provide tailored lending solutions that meet their specific requirements. 2. We work with a panel of trusted lenders who specialise in short-term development finance, providing you with a range of options to choose from. 3. Our team of experienced professionals is dedicated to providing you with the highest level of service, helping you realize your property development ambitions. 4. Our development finance solutions are custom-tailored to your unique requirements, ensuring that you receive the right financing option for your property development goals. [ Contact Us ](/contact-us/) [![Service icon 4](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-4.jpg "service-icon-4 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Term Loans in Northampton](#) If you’re looking for a lump sum of money to finance your personal project or business venture, term loans may be the ideal solution for you. As a team of experts in helping borrowers find the right financing solutions, we specialise in connecting you with lenders who offer the most competitive rates and flexible terms to cater to your specific needs. At its core, a [term loan](/short-term-property-loans/) is a lump sum of money borrowed from a financial institution, such as a lender or bank. The borrower receives the funds upfront and pays back the principal amount plus interest over several months or years. These loans are versatile and can be used for various purposes, such as home renovations, debt consolidation, or funding a new business. One of the primary advantages of term loans is their typically lower interest rates compared to other types of financing. Interest rates may be fixed or variable, but they are generally lower than credit card rates or lines of credit. Furthermore, term loans offer flexible repayment terms that can be customised to suit your specific requirements. Term loans are particularly popular among business owners because they can be used for both short- and long-term goals. Whether you need funding for a new project, expanding your business, or simply managing cash flow, term loans can provide the necessary capital to help you achieve your goals. **Why Choose Our Expert Term Loan Service?** 1. We work with a variety of lenders and financial institutions to offer you the best financing options and competitive rates. 2. We understand that every borrower has unique financing needs. That’s why we provide custom-tailored lending solutions to cater to your specific requirements. 3. Our team of experts can assist you in securing the financing you need quickly and easily, providing you with a hassle-free experience. 4. Our team of experts has extensive experience in the lending industry and can assist you in securing the optimal financing solution to meet your specific needs. [ Contact Us ](/contact-us/) ![Short term mortgages to finance extensions](https://www.hankzarihs.com/wp-content/uploads/2025/06/short_term_mortgages_to_finance_extensions.jpg "short_term_mortgages_to_finance_extensions - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Morden Wharf riverside park](https://www.hankzarihs.com/wp-content/uploads/2025/06/Morden-Wharf-riverside-park.jpg "Morden-Wharf-riverside-park - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [![Service icon 5](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-5.jpg "service-icon-5 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Commercial Mortgages in Northampton](#) If you’ve recently purchased a commercial property and are considering using it as collateral for a loan against your business property, a commercial mortgage may be the right financing solution for you. However, before making any decisions, it’s crucial to understand the basics of commercial mortgages and how they work. A [commercial mortgage](/commercial-mortgage-broker/) is a type of mortgage loan that is secured against non-residential or commercial real estate. It is specifically designed for businesses or investors looking to buy or refinance commercial assets such as office spaces, rental properties, mixed-use buildings, and even vacant land sites. Unlike residential mortgages, commercial mortgages offer more flexibility and can be tailored to fit specific financing needs. There are several benefits of using a commercial mortgage to finance your business property. Firstly, commercial mortgages typically offer lower interest rates compared to other forms of financing, such as unsecured loans or credit cards. Secondly, they offer longer repayment periods, which means you can spread your payments out over a longer period of time, making them more manageable. Lastly, by using your commercial property as collateral, you may be able to borrow more money than you would with an unsecured loan. Qualifying for a commercial mortgage can be more complex than qualifying for a residential mortgage, and there is no one-size-fits-all solution. To successfully qualify for a commercial mortgage, it’s important to consult with our advisors who can guide you through the process and help you find the best financing solution for your specific needs. Factors that lenders consider when evaluating a commercial mortgage application include the property type and value, your business’s financial history and creditworthiness, the amount of money you are requesting, and your ability to make repayments on time. [ Contact Us ](/contact-us/) [![Service icon 6](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-6.jpg "service-icon-6 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Equity & JV Funding in Northampton](#) If you’re a property developer based in Northampton or anywhere else in the UK, you may be struggling with the high costs of financing your development projects. Fortunately, joint venture finance is an increasingly popular solution that can help you meet your unique financing needs. [Joint venture finance](/joint-venture-property-finance/) is a financing solution that involves an investor or partner funding a property development project in exchange for a share of the profits. Essentially, it’s a partnership between the property developer and the investor, where the investor provides the necessary capital to fund the project, and the developer manages the development process. There are several benefits of joint venture finance, making it an attractive option for property developers. Firstly, joint venture finance allows property developers to kickstart their projects quickly, even if they don’t have sufficient capital at the time. This is because the investor is putting up the funds needed to get the project off the ground. Moreover, joint venture finance offers a tailored solution to meet the specific financing needs of property developers. Every project is unique, and joint venture finance can be customised to meet the needs of each development, making it a highly flexible option. Joint venture finance is more suitable for experienced property developers who have a proven track record in property development. Investors want to see that their investment is going to be managed by someone with a successful history in property development. If you’re an experienced developer, joint venture finance can be an excellent option for you. It can provide you with the capital you need to get your projects moving quickly, without having to worry about finding the funds yourself. Additionally, joint venture finance can help you minimise your risk, as you’ll be sharing the risks and rewards of the development project with the investor. [ Contact Us ](/contact-us/) ![1605 Camden Goods Yard](https://www.hankzarihs.com/wp-content/uploads/2025/06/1605-Camden-Goods-Yard.jpg "1605-Camden-Goods-Yard - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") H.Z.A ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Why choose Hank Zarihs Associates? When it comes to finding a bridging loan broker in Northampton, there are many options available, but not all brokers are created equal. ### Access to the Best Rates and Loan Products from Trusted Lenders We work with a panel of respected and experienced lenders with excellent track records, providing our clients with access to the best rates and loan products available on the market. ### Wide Range of Loan Products Most bridging loans in Northampton are specialist products not available on the open market. We can get you access to a wide range of loans and deals that you would not find searching directly. ### Fast and Efficient Service We understand that time is of the essence when it comes to bridging loans. Our streamlined process enables us to find the right bridging loan for you in minutes, gather information and quotes from lenders within the hour, and arrange your loan within days. ### Tailored Advice and Transparent Information We provide tailored advice to our Northampton clients and transparent information throughout the lending process, ensuring you have full confidence in the products we secure for you. ### Exemplary Customer Service At Hank Zarihs Associates, we focus on building long-term relationships with our clients based on providing maximum value. Our superb track record speaks for itself. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) ##### OUR FOUR STEP SIMPLE SALES PROCESS ## Our Sales Process Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ ##### CONFUSED ABOUT FINANCE? #### Call & Discuss ##### WE WILL PACKAGE YOUR APPLICATION #### Submit Documents ## 01 Call us today to discuss your enquiry. We’ll find out what product is suited to your needs – we just need 5 mins of your time. Once we’ve received terms from our select panel of lenders, We’ll inform you of the options you have and then you’ll let us know which offer to proceed with. ## 02 ## 03 Once you’ve selected the perfect lender, we’ll go ahead and package the application on your behalf, making it a seamless and easy process. We’ll then instruct valuation and legals on the same day. Once the case has been submitted and the valuation report is back the case will be formally offered and funds can be made available to drawdown, subject to the legal due diligence being complete – From start to finish, we can have deals ready in as little as 7 working days. ## 04 ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/loan.png "loan - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### RECEIVE TERMS FROM LENDERS #### Compare Offers ##### FORMAL SUBMISSION #### Get your finance ## 01 ##### CONFUSED ABOUT FINANCE? ## Call & Discuss Call us today to discuss your enquiry. We’ll find out what product is suited to your needs – we just need 5 mins of your time. ##### RECEIVE TERMS FROM LENDERS ## Compare Offers Once we’ve received terms from our select panel of lenders, We’ll inform you of the options you have and then you’ll let us know which offer to proceed with. ## 02 ## 03 ##### WE WILL PACKAGE YOUR APPLICATION ## Submit Documents Once you’ve selected the perfect lender, we’ll go ahead and package the application on your behalf, making it a seamless and easy process. We’ll then instruct valuation and legals on the same day. ##### FORMAL SUBMISSION ## Get your finance Once the case has been submitted and the valuation report is back the case will be formally offered and funds can be made available to drawdown, subject to the legal due diligence being complete – From start to finish, we can have deals ready in as little as 7 working days. ## 04 ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/loan.png "loan - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [ Call Us Today & Get Started Now ](/contact-us/) **Tags:** Transparent Header --- ### [Bridging Loan Brokers Newcastle](https://www.hankzarihs.com/newcastle/) **Published:** June 17, 2025 **Author:** Shiraz Khan **Content:** # Bridging Loan Brokers Newcastle. ### Providing Funding Solutions for Success Hank Zarihs Associates are experienced financial intermediaries specialising in development and investment funding. We have the experience and expertise required to present your project in a format which will satisfy the lending institutions credit committees. Before we take a project forward we conduct due diligence which enables us to select the most appropriate lender for each project. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) ## our services in Newcastle We are a professional bridging loan broker in Newcastle, offering a range of professional services. Below, you will find the main services we can offer you. [![Service icon 1](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-1.jpg "service-icon-1 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#auction-finance)### [Auction Finance](#auction-finance) - Funding agreed in minutes - Unmortgageable property - No proof of income [![Service icon 2](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-2.jpg "service-icon-2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#bridging-finance)### [Bridging Finance](#bridging-finance) - Lending up to 80% LTV - No exits fees - All asset classes [![Service icon 3](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-3.jpg "service-icon-3 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#development-finance)### [Development Finance](#development-finance) - Ground up and conversions - 100% of construction cost - 90% loan to cost [![Service icon 4](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-4.jpg "service-icon-4 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#term-loans)### [Term Loans](#term-loans) - Whole blocks - HMO portfolio - All asset classes [![Service icon 5](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-5.jpg "service-icon-5 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#commercial-mortgages)### [Commercial Mortgages](#commercial-mortgages) - Loans up to 70% LTV - Rates from 8.99% Pa - Low Exit Fees - Loans from £250,000 to £10m [![Service icon 6](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-6.jpg "service-icon-6 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#equity-funding)### [Equity & JV Funding](#equity-funding) - To purchase residential or commercial property quickly from an auction ![Layer 2](https://www.hankzarihs.com/wp-content/uploads/2024/09/Layer-2-1024x304.png "Layer 2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Buying Property At Auction](https://www.hankzarihs.com/wp-content/uploads/2025/06/Buying-Property-At-Auction.jpg "Buying-Property-At-Auction - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Service icon 1](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-1.jpg "service-icon-1 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")### Auction Finance in Newcastle Want to purchase a property in Newcastle at auction? You might want to refurbish or buy land to build on, and you may need finance to complete the transaction. [Auction loans](/auction-finance/ "Auction Finance") are a specialist type of lending product designed for this very purpose with special features included. They are a form of short-term finance for quick turnaround times. Auction purchases need a completion of 28 working days or less, and long-term finance is rarely suitable. You can use short-term auction finance in Newcastle to buy property at auction, whether commercial or residential and get rapid access to funds to complete the transaction. Speed is of the essence with auction finance, so we work rapidly using our streamlined process. Provide your details and receive tailored offers in as little as 20 minutes. [ Contact Us ](/contact-us/) [![Service icon 2](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-2.jpg "service-icon-2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Bridging Finance in Newcastle](#) [Bridging loans](/bridging-loan-broker/) are a form of short-term finance that bridge the gap between purchase and long-term funding. For example, they are useful when a property is sold as part of a chain, and they are often used where there is a delay between purchasing the property and the funding arrangement. Bridging loans are often the preferred option when the buyer wants fast access to funds to acquire a property without all the delays and paperwork. They are utilised by many types of borrowers, from individuals to developers and enterprises. These can be used for several purposes, from renovating a property to buying a commercial property. But they are complex and sophisticated loans, so they are not suitable for everyone. [ Contact Us ](/contact-us/) ![Bridging loans finance for downsizing](https://www.hankzarihs.com/wp-content/uploads/2025/06/bridging_loans_finance_for_downsizing.jpg "bridging_loans_finance_for_downsizing - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Construction finance for home property development](https://www.hankzarihs.com/wp-content/uploads/2025/06/construction_finance_for_home_property_development.jpg "construction_finance_for_home_property_development - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [![Service icon 3](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-3.jpg "service-icon-3 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Development Finance in Newcastle](#) We can help you find the best development loans in Newcastle from trusted lenders with expertise. We offer an intermediary service to simplify your access to finance and make it quicker and easier, thanks to our expert lending panel. Short-term development finance is used by landlords, builders and property developers. It’s often needed to fund a refurbishment or the whole development cost. This type of finance is suitable for experienced borrowers, but we can also help first-time developers. [Development finance](/development-finance/) can be useful for anyone who wants to buy a property at auction or to secure finance against a property that is not habitable and a standard mortgage is not suitable. [ Contact Us ](/contact-us/) [![Service icon 4](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-4.jpg "service-icon-4 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Term Loans in Newcastle](#) We can help borrowers to access suitable [term loans](/short-term-property-loans/) for a wide range of purposes. T To put it simply, a term loan is a lump sum of money borrowed from a financial institution such as a banks and lenders. Funds are advanced by the lending institution, and they are repaid by you plus interest over the course of several months to years. Fixed or variable, the interest rate is typically much lower than those of alternative forms of financing. Term loans are versatile and may be used for anything, from home improvements to funding a new company venture. Term loans are popular among business owners because they may be used for both short- and long-term goals. You may want a term loan for your HMO portfolio or whole blocks. Term loans are suitable for all asset classes, and we can help you find the finance you need fast. [ Contact Us ](/contact-us/) ![Short term mortgages to finance extensions](https://www.hankzarihs.com/wp-content/uploads/2025/06/short_term_mortgages_to_finance_extensions.jpg "short_term_mortgages_to_finance_extensions - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Morden Wharf riverside park](https://www.hankzarihs.com/wp-content/uploads/2025/06/Morden-Wharf-riverside-park.jpg "Morden-Wharf-riverside-park - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [![Service icon 5](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-5.jpg "service-icon-5 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Commercial Mortgages in Newcastle](#) A [commercial mortgage](/commercial-mortgage-broker/) might be a workable solution for you if you want to buy a building with the intention of using it as collateral for a loan against the property where your company is located. In order to successfully qualify for a commercial mortgage, you will need to consult with a mortgage counsellor because there is no one product on the market that will fulfil all of your financing needs. The term “commercial mortgage” refers to a specific form of mortgage loan taken out on non-residential (or “commercial”) real estate. Commercial mortgages can be used to buy or refinance commercial assets, such as office space for a business or a rental property for investors. They are flexible enough to be utilised for funding entire commercial, mixed-use, and even vacant land sites. Because commercial mortgage lenders typically evaluate each application on its own merits, its eligibility requirements can be more lenient than those of conventional mortgage lenders. As a result, rather than restricting themselves to a narrow set of conditions, lenders are free to evaluate a far wider range of options. **Types of Commercial Mortgages** Commercial loans for owner-occupied properties When a property is being bought for the buyer’s own business to operate from, an owner-occupied commercial mortgage, also known as a business mortgage, is employed. Commercial investment mortgages If you plan on renting out your commercial property to another company, you will need to apply for a commercial investment mortgage, often known as a commercial buy to let mortgage. This is the commercial equivalent of a “[buy to let](/buy-to-let-mortgages/)” mortgage. Interest only commercial mortgages In the case of interest-only commercial mortgages, monthly payments are limited to the interest amount. This offers the benefit of reducing your monthly mortgage payment but will increase the total interest you pay on your business loan. An interest-only commercial mortgage must be repaid in full or refinanced through a commercial remortgage at the conclusion of the mortgage term. Capital repayment commercial mortgages To progressively pay off your commercial mortgage over the course of the loan term, capital repayment mortgages require making monthly payments that cover both the principal balance and the interest accrued on the loan. You will have to make larger payments toward your mortgage each month as a result of this, but you will have the peace of mind of knowing that your property will be paid off by the end of the loan term. Fixed rate commercial mortgages Commercial mortgages with fixed rates have an interest rate that does not change for the duration of the loan, which is typically between two and five years. Your monthly repayments will stay the same throughout a fixed rate term, regardless of any changes that the Bank of England Base Rate may undergo during that time period. If you choose a product with a fixed interest rate, you will profit from the increase in interest rates; but you will not benefit from any decreases in interest rates. Variable interest rate commercial mortgages Variable rate of interest Commercial mortgages do not have a fixed rate, therefore if interest rates fluctuate, so might your interest rate and consequently your monthly payments. [ Contact Us ](/contact-us/) [![Service icon 6](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-6.jpg "service-icon-6 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Equity & JV Funding in Newcastle](#) If you want to purchase property from an auction quickly, whether a residential or commercial property, JV funding in Newcastle can be useful. Joint venture finance is increasingly popular in Newcastle and across the UK. Developing properties from scratch or developing new properties is expensive, and the demand for finance is high. Tailored solutions are often needed, and joint ventures provide such an option. This is a type of finance where the investor or partner agrees to fund the property venture for a share in the profits. They are ideal when you want to get a project moving, and you don’t have much capital at the time, and they are most suitable for experienced developers. If you want to arrange equity and JV funding, contact us today to find out about your options. [ Contact Us ](/contact-us/) ![1605 Camden Goods Yard](https://www.hankzarihs.com/wp-content/uploads/2025/06/1605-Camden-Goods-Yard.jpg "1605-Camden-Goods-Yard - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") H.Z.A ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Why choose Hank Zarihs Associates? If you are considering a bridging loan broker in Newcastle, why choose Hank Zarihs Associates? Our clients choose us over and over again for several reasons. For a start, we find you the best rates. We work with a panel of respected and experienced lenders with excellent track records, so our clients can access the best rates and loan products from trusted lenders. We also have a wide range of loan products you can access. Most bridging loans in Newcastle are not available on the open market because they are specialist products. We can get you access to a wide range of loans and deals that you would simply not find searching directly. We are also fast and efficient, which is essential for our clients. We can help you find the right bridging loan in Newcastle in minutes, and we can often gather the information and quotes from lenders within the hour and arrange your bridging loan within days. We provide tailored advice for our Newcastle clients along with transparent information. You can trust us to deliver, and you can have full confidence in the products we secure for you. Finally, our customer service is exemplary. We focus on building long-term relationships with our clients based on providing maximum value, and we have a superb track record. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) ##### OUR FOUR STEP SIMPLE SALES PROCESS ## Our Sales Process Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ ##### CONFUSED ABOUT FINANCE? #### Call & Discuss ##### WE WILL PACKAGE YOUR APPLICATION #### Submit Documents ## 01 Call us today to discuss your enquiry. We’ll find out what product is suited to your needs – we just need 5 mins of your time. Once we’ve received terms from our select panel of lenders, We’ll inform you of the options you have and then you’ll let us know which offer to proceed with. ## 02 ## 03 Once you’ve selected the perfect lender, we’ll go ahead and package the application on your behalf, making it a seamless and easy process. We’ll then instruct valuation and legals on the same day. Once the case has been submitted and the valuation report is back the case will be formally offered and funds can be made available to drawdown, subject to the legal due diligence being complete – From start to finish, we can have deals ready in as little as 7 working days. ## 04 ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/loan.png "loan - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### RECEIVE TERMS FROM LENDERS #### Compare Offers ##### FORMAL SUBMISSION #### Get your finance ## 01 ##### CONFUSED ABOUT FINANCE? ## Call & Discuss Call us today to discuss your enquiry. We’ll find out what product is suited to your needs – we just need 5 mins of your time. ##### RECEIVE TERMS FROM LENDERS ## Compare Offers Once we’ve received terms from our select panel of lenders, We’ll inform you of the options you have and then you’ll let us know which offer to proceed with. ## 02 ## 03 ##### WE WILL PACKAGE YOUR APPLICATION ## Submit Documents Once you’ve selected the perfect lender, we’ll go ahead and package the application on your behalf, making it a seamless and easy process. We’ll then instruct valuation and legals on the same day. ##### FORMAL SUBMISSION ## Get your finance Once the case has been submitted and the valuation report is back the case will be formally offered and funds can be made available to drawdown, subject to the legal due diligence being complete – From start to finish, we can have deals ready in as little as 7 working days. ## 04 ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/loan.png "loan - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [ Call Us Today & Get Started Now ](/contact-us/) **Tags:** Transparent Header --- ### [Bridging Loan Brokers Middlesbrough](https://www.hankzarihs.com/middlesbrough/) **Published:** June 19, 2025 **Author:** Shiraz Khan **Content:** # Bridging Loan Brokers Middlesbrough. ### Providing Funding Solutions for Success Hank Zarihs Associates is a team of skilled financial intermediaries who specialise in providing funding solutions for development and investment. Our expertise and experience enable us to present your project to lending institutions in a way that meets their credit committee’s requirements. We conduct due diligence on all projects to identify the best lenders and funding options available. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) ## our services in Middlesbrough As a professional bridging loan broker in Middlesbrough, we pride ourselves on offering a range of expert services to our clients. [![Service icon 1](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-1.jpg "service-icon-1 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#auction-finance)### [Auction Finance](#auction-finance) - Funding agreed in minutes - Unmortgageable property - No proof of income [![Service icon 2](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-2.jpg "service-icon-2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#bridging-finance)### [Bridging Finance](#bridging-finance) - Lending up to 80% LTV - No exits fees - All asset classes [![Service icon 3](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-3.jpg "service-icon-3 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#development-finance)### [Development Finance](#development-finance) - Ground up and conversions - 100% of construction cost - 90% loan to cost [![Service icon 4](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-4.jpg "service-icon-4 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#term-loans)### [Term Loans](#term-loans) - Whole blocks - HMO portfolio - All asset classes [![Service icon 5](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-5.jpg "service-icon-5 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#commercial-mortgages)### [Commercial Mortgages](#commercial-mortgages) - Loans up to 70% LTV - Rates from 8.99% Pa - Low Exit Fees - Loans from £250,000 to £10m [![Service icon 6](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-6.jpg "service-icon-6 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#equity-funding)### [Equity & JV Funding](#equity-funding) - To purchase residential or commercial property quickly from an auction ![Layer 2](https://www.hankzarihs.com/wp-content/uploads/2024/09/Layer-2-1024x304.png "Layer 2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Buying Property At Auction](https://www.hankzarihs.com/wp-content/uploads/2025/06/Buying-Property-At-Auction.jpg "Buying-Property-At-Auction - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Service icon 1](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-1.jpg "service-icon-1 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")### Auction Finance in Middlesbrough The process of buying a property in Middlesbrough through an auction can be challenging and requires specialist financing to facilitate the transaction. [Auction loans](/auction-finance/ "Auction Finance") are short-term lending solutions designed explicitly for property investments, such as property renovation, land development, and commercial or residential property acquisition. Auction loans are engineered for quick turnaround times, providing swift access to the funds necessary to complete the transaction within 28 working days or less. Unlike traditional long-term finance, auction finance is custom-tailored to meet the unique needs of the auction process. This allows investors to take advantage of time-sensitive opportunities in Middlesbrough’s property market. Auction finance requires specialised expertise to navigate the intricacies of the auction process. Our team of experts has extensive experience in the auction finance market and is well-versed in the intricacies of the auction process. We work closely with each client to provide bespoke lending solutions that fit their individual requirements, ensuring successful completion of the transaction. Every client has unique financing needs, and our lending solutions are custom-tailored to meet those specific requirements. This allows investors to choose the right lending solution for their property investment goals. Our flexible lending solutions can accommodate a range of property investments, from commercial or residential acquisitions to land development and property renovation. [ Contact Us ](/contact-us/) [![Service icon 2](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-2.jpg "service-icon-2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Bridging Finance in Middlesbrough](#) Investing in property can be a lucrative venture, but securing long-term financing can be a challenging process. [Bridging loans](/bridging-loan-broker/) provide a short-term finance option designed to bridge the gap between the purchase of a property and the arrangement of long-term funding. This paper will analyse the advantages of bridging loans for property investment. **Advantages of Bridging Loans** Bridging loans provide quick access to funds, making them an ideal solution for individuals, developers, and enterprises who need to act quickly to secure a property or investment opportunity. Unlike traditional financing options, bridging loans do not require lengthy paperwork or delays associated with long-term financing options. This type of investment can be used for a variety of purposes, including property renovation, purchasing a commercial property, or any other investment that requires quick access to funds. This flexibility allows investors to take advantage of time-sensitive opportunities in the property market. Bridging loans can also be customised to meet the unique financing needs of individual investors. This ensures that investors receive the right financing option for their investment goals. The customized solutions can be tailored to a variety of purposes, including specific investment projects or particular stages of property development. At Hank Zarihs, our team of experts has extensive experience in the bridging loan market and understands the intricacies of the process. We can provide customised solutions to meet the unique financing needs of individual investors. This ensures that investors receive the right financing option for their investment goals and can be tailored to a variety of purposes, including specific investment projects or particular stages of property development. [ Contact Us ](/contact-us/) ![Bridging loans finance for downsizing](https://www.hankzarihs.com/wp-content/uploads/2025/06/bridging_loans_finance_for_downsizing.jpg "bridging_loans_finance_for_downsizing - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Construction finance for home property development](https://www.hankzarihs.com/wp-content/uploads/2025/06/construction_finance_for_home_property_development.jpg "construction_finance_for_home_property_development - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [![Service icon 3](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-3.jpg "service-icon-3 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Development Finance in Middlesbrough](#) If you’re a landlord, builder, or property developer seeking development loans in Middlesbrough, our expert intermediary service is here to assist you. We work with a panel of trusted lenders who specialise in [short-term development finance](/development-finance/), making it easier for you to access the financing you need. Development finance is a type of financing used to fund property refurbishment or development costs. It is a suitable option for experienced borrowers, but we can also assist first-time developers in navigating the complexities of securing development finance. Our lending panel comprises a range of lenders specialising in short-term development finance and are ideal for anyone seeking to purchase a property at auction or secure finance against an uninhabitable property, where a standard mortgage is not applicable. We pride ourselves on simplifying the process of accessing finance. Our team of experienced professionals is dedicated to providing you with the highest level of service, helping you realise your property development ambitions. We assist our clients in navigating the complex landscape of development finance and securing the best possible terms and rates for their financing needs. [ Contact Us ](/contact-us/) [![Service icon 4](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-4.jpg "service-icon-4 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Term Loans in Middlesbrough](#) If you are seeking a lump sum of money to finance a personal project or business venture in Middlesbrough, term loans may be the ideal solution for you. As experts in helping borrowers find the right financing solutions, we specialise in connecting you with lenders who offer the most competitive rates and flexible terms to cater to your specific needs. A [term loan](/short-term-property-loans/) is a lump sum of money borrowed from a financial institution, such as a lender or bank. The borrower receives the funds upfront and pays back the principal amount plus interest over several months or years. These loans are versatile and can be used for various purposes, such as home renovations, debt consolidation, or funding a new business. One of the primary advantages of term loans is that they have lower interest rates compared to other types of financing. Interest rates may be fixed or variable, but they are generally lower than credit card rates or lines of credit. Another advantage is that term loans offer flexible repayment terms that can be customised to suit your specific requirements. Term loans are particularly popular among business owners because they can be used for both short – and long – term goals. Whether you need funding for a new project, expanding your business, or simply managing cash flow, term loans can provide the necessary capital to help you achieve your goals. Our expert term loan service offers a wide range of options for borrowers seeking financing solutions. We work with a variety of lenders and financial institutions to offer you the best financing options and competitive rates. [ Contact Us ](/contact-us/) ![Short term mortgages to finance extensions](https://www.hankzarihs.com/wp-content/uploads/2025/06/short_term_mortgages_to_finance_extensions.jpg "short_term_mortgages_to_finance_extensions - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Morden Wharf riverside park](https://www.hankzarihs.com/wp-content/uploads/2025/06/Morden-Wharf-riverside-park.jpg "Morden-Wharf-riverside-park - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [![Service icon 5](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-5.jpg "service-icon-5 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Commercial Mortgages in Middlesbrough](#) Are you a business owner in need of financing for your commercial property in Middlesbrough? A commercial mortgage may be the perfect solution for you. A [commercial mortgage](/commercial-mortgage-broker/) is a loan that is secured against commercial real estate properties. Unlike residential mortgages, commercial mortgages are specifically designed for businesses or investors who are looking to purchase or refinance non-residential properties such as office spaces, rental properties, mixed-use buildings, and even vacant land sites. One of the main benefits of a commercial mortgage is the flexibility it offers. These loans can be customised to fit your specific financing needs and offer longer repayment periods than other forms of financing. Additionally, interest rates are typically lower compared to unsecured loans or credit cards. Qualifying for a commercial mortgage can be more complex than qualifying for a residential mortgage. Factors that lenders consider when evaluating a commercial mortgage application include the property type and value, your business’s financial history and creditworthiness, the amount of money you are requesting, and your ability to make repayments on time. To successfully qualify for a commercial mortgage, it’s important to consult with our advisors who can guide you through the process and help you find the best financing solution for your specific needs. [ Contact Us ](/contact-us/) [![Service icon 6](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-6.jpg "service-icon-6 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Equity & JV Funding in Middlesbrough](#) As a property developer in Middlesbrough or anywhere in the UK, you understand the challenges of financing development projects. The high costs of financing can be overwhelming, especially if you don’t have sufficient capital. Fortunately, joint venture finance is an increasingly popular solution that can help you meet your unique financing needs and propel your projects forward. [Joint venture finance](/joint-venture-property-finance/) is a financing solution that involves an investor or partner funding a property development project in exchange for a share of the profits. Essentially, it’s a partnership between the property developer and the investor, where the investor provides the necessary capital to fund the project, and the developer manages the development process. **Benefits of Joint Venture Finance** Joint venture finance allows property developers to kickstart their projects quickly, even if they don’t have sufficient capital at the time. This is because the investor is putting up the funds needed to get the project off the ground. - Tailored solutions that meet the specific financing needs of property developers. Every project is unique, and joint venture finance can be customised to meet the needs of each development, making it a highly flexible option. - Minimised Risk for experienced property developers who have a proven track record in property development. Investors want to see that their investment is going to be managed by someone with a successful history in property development. Joint venture finance can help you minimise your risk, as you’ll be sharing the risks and rewards of the development project with the investor. If you’re an experienced property developer, joint venture finance can be an excellent option for you. It can provide you with the capital you need to get your projects moving quickly, without having to worry about finding the funds yourself. [ Contact Us ](/contact-us/) ![1605 Camden Goods Yard](https://www.hankzarihs.com/wp-content/uploads/2025/06/1605-Camden-Goods-Yard.jpg "1605-Camden-Goods-Yard - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") H.Z.A ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Why choose Hank Zarihs Associates? When it comes to finding a bridging loan broker in Middlesbrough, there are many options available, but not all brokers are created equal. Access to the Best Rates and Loan Products from Trusted Lenders We work with a panel of respected and experienced lenders with excellent track records, providing our clients with access to the best rates and loan products available on the market. Wide Range of Loan Products Most bridging loans in Middlesbrough are specialist products not available on the open market. We can get you access to a wide range of loans and deals that you would not find searching directly. Fast and Efficient Service We understand that time is of the essence when it comes to bridging loans. Our streamlined process enables us to find the right bridging loan for you in minutes, gather information and quotes from lenders within the hour, and arrange your loan within days. Tailored Advice and Transparent Information We provide tailored advice to our Middlesbrough clients and transparent information throughout the lending process, ensuring you have full confidence in the products we secure for you. Exemplary Customer Service At Hank Zarihs Associates, we focus on building long-term relationships with our clients based on providing maximum value. Our superb track record speaks for itself. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) ##### OUR FOUR STEP SIMPLE SALES PROCESS ## Our Sales Process Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ ##### CONFUSED ABOUT FINANCE? #### Call & Discuss ##### WE WILL PACKAGE YOUR APPLICATION #### Submit Documents ## 01 Call us today to discuss your enquiry. We’ll find out what product is suited to your needs – we just need 5 mins of your time. Once we’ve received terms from our select panel of lenders, We’ll inform you of the options you have and then you’ll let us know which offer to proceed with. ## 02 ## 03 Once you’ve selected the perfect lender, we’ll go ahead and package the application on your behalf, making it a seamless and easy process. We’ll then instruct valuation and legals on the same day. Once the case has been submitted and the valuation report is back the case will be formally offered and funds can be made available to drawdown, subject to the legal due diligence being complete – From start to finish, we can have deals ready in as little as 7 working days. ## 04 ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/loan.png "loan - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### RECEIVE TERMS FROM LENDERS #### Compare Offers ##### FORMAL SUBMISSION #### Get your finance ## 01 ##### CONFUSED ABOUT FINANCE? ## Call & Discuss Call us today to discuss your enquiry. We’ll find out what product is suited to your needs – we just need 5 mins of your time. ##### RECEIVE TERMS FROM LENDERS ## Compare Offers Once we’ve received terms from our select panel of lenders, We’ll inform you of the options you have and then you’ll let us know which offer to proceed with. ## 02 ## 03 ##### WE WILL PACKAGE YOUR APPLICATION ## Submit Documents Once you’ve selected the perfect lender, we’ll go ahead and package the application on your behalf, making it a seamless and easy process. We’ll then instruct valuation and legals on the same day. ##### FORMAL SUBMISSION ## Get your finance Once the case has been submitted and the valuation report is back the case will be formally offered and funds can be made available to drawdown, subject to the legal due diligence being complete – From start to finish, we can have deals ready in as little as 7 working days. ## 04 ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/loan.png "loan - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [ Call Us Today & Get Started Now ](/contact-us/) **Tags:** Transparent Header --- ### [Bridging Loan Brokers Manchester](https://www.hankzarihs.com/manchester/) **Published:** June 19, 2025 **Author:** Shiraz Khan **Content:** # Bridging Loan Brokers Manchester. ### Providing Funding Solutions for Success Welcome to Hank Zarihs Associates. We are an experienced team of financial intermediaries specialising in development and investment funding in Manchester. We have the expertise you need to present your project in a way that will satisfy lending institutions’ credit committees. We always conduct due diligence before taking a project forward, allowing us to select the most suitable lender for every project. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) ## our services in Manchester We are a professional bridging loan broker in Manchester, offering a range of professional services. Below, you will find the main services we can offer you. [![Service icon 1](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-1.jpg "service-icon-1 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#auction-finance)### [Auction Finance](#auction-finance) - Funding agreed in minutes - Unmortgageable property - No proof of income [![Service icon 2](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-2.jpg "service-icon-2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#bridging-finance)### [Bridging Finance](#bridging-finance) - Lending up to 80% LTV - No exits fees - All asset classes [![Service icon 3](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-3.jpg "service-icon-3 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#development-finance)### [Development Finance](#development-finance) - Ground up and conversions - 100% of construction cost - 90% loan to cost [![Service icon 4](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-4.jpg "service-icon-4 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#term-loans)### [Term Loans](#term-loans) - Whole blocks - HMO portfolio - All asset classes [![Service icon 5](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-5.jpg "service-icon-5 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#commercial-mortgages)### [Commercial Mortgages](#commercial-mortgages) - Loans up to 70% LTV - Rates from 8.99% Pa - Low Exit Fees - Loans from £250,000 to £10m [![Service icon 6](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-6.jpg "service-icon-6 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#equity-funding)### [Equity & JV Funding](#equity-funding) - To purchase residential or commercial property quickly from an auction ![Layer 2](https://www.hankzarihs.com/wp-content/uploads/2024/09/Layer-2-1024x304.png "Layer 2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Buying Property At Auction](https://www.hankzarihs.com/wp-content/uploads/2025/06/Buying-Property-At-Auction.jpg "Buying-Property-At-Auction - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Service icon 1](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-1.jpg "service-icon-1 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")### Auction Finance in Manchester [Auction financing](/auction-finance/ "Auction Finance") is a phrase that is used to describe a [bridging loan](/bridging-loan-broker/) or a short term loan that is utilised for the purpose of purchasing real estate at auction. If you want to purchase a property in Manchester at auction, you might require finance in order to complete the transaction. Auction loans in Manchester are a type of specialist lending product for this purpose. Long-term finance is not suitable for auction purchases, which have a completion of 28 days maximum. However, this form of short-term finance has a very quick turnaround. You can use it to purchase property at auction, both residential and commercial, and get quick access to the funds thanks to our streamlined process. [ Contact Us ](/contact-us/) [![Service icon 2](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-2.jpg "service-icon-2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Bridging Finance in Manchester](#) You can have access to short-term financing in the form of a [bridging loan](/bridging-loan-broker/), which allows you to pay for anything while you wait for money that is owed to you. A bridge loan is a short-term loan that can be used for a variety of purposes, including the purchase of real estate, the launch of a new enterprise, or even the payment of taxes. If you want fast access to funds to acquire property, a bridging loan in Manchester could be suitable to avoid extensive paperwork and delays. These are sophisticated loans, but they are suitable for a range of borrowers, including individuals and enterprises. They can be used for a wide range of purposes, including buying or renovating a property. [ Contact Us ](/contact-us/) ![Bridging loans finance for downsizing](https://www.hankzarihs.com/wp-content/uploads/2025/06/bridging_loans_finance_for_downsizing.jpg "bridging_loans_finance_for_downsizing - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Construction finance for home property development](https://www.hankzarihs.com/wp-content/uploads/2025/06/construction_finance_for_home_property_development.jpg "construction_finance_for_home_property_development - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [![Service icon 3](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-3.jpg "service-icon-3 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Development Finance in Manchester](#) If you’re looking for the best development loans in Manchester, contact Hank Zarihs and use our intermediary service to simplify access to the right development finance. Financing for the acquisition of land or sites and the construction of new residential, commercial, or mixed-use structures is known as [property development financing](/development-finance/). All new building projects and renovations or repurposes of existing structures count. Financing for new construction is normally paid back within six to thirty-six months after the structure is finished, in contrast to the thirty-five years that might pass on a mortgage for a home. Commercial development financing is quite similar, except that the money is used to build up businesses rather than private residences. Lenders typically want a signed rental or purchase contract before they would provide financing. Used by builders, developers and landlords, short-term development finance is needed for many purposes, including funding refurbishments and developments. While it is more suited to experienced developers, new developers can take advantage of it too. [ Contact Us ](/contact-us/) [![Service icon 4](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-4.jpg "service-icon-4 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Term Loans in Manchester](#) A term loan is a type of commercial loan that has a predetermined repayment schedule. A fixed or floating interest rate is required for loan repayment by businesses. Term loans are often only offered to well-established enterprises, and they could ask for a sizable down payment in order to lower monthly payments and loan costs. Term loans are typically used for long-term expenditures like corporate development or modernization, or to buy fixed assets like land, buildings, or machinery. They are also occasionally used for project finance. A Term loan can be used for many purposes, you might want a term loan for your HMO portfolio, but they are suitable for all asset classes. Contact us so we can help you find the finance you need without delay. [ Contact Us ](/contact-us/) ![Short term mortgages to finance extensions](https://www.hankzarihs.com/wp-content/uploads/2025/06/short_term_mortgages_to_finance_extensions.jpg "short_term_mortgages_to_finance_extensions - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Morden Wharf riverside park](https://www.hankzarihs.com/wp-content/uploads/2025/06/Morden-Wharf-riverside-park.jpg "Morden-Wharf-riverside-park - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [![Service icon 5](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-5.jpg "service-icon-5 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Commercial Mortgages in Manchester](#) For commercial mortgages in Manchester, contact us to find the best deals. We work with respected lenders, and we help a wide range of borrowers. For purchasing or designating any land or property for commercial use, commercial mortgages are employed. They are a form of commercial loan that is backed by a piece of real estate, such as a retail complex, apartment building, warehouse, or private office. Since there are no fixed rates for [commercial mortgages](/commercial-mortgage-broker/), each application that is presented to a financing manager is carefully examined as they consider the risk factors. A commercial mortgage typically has a period of 3 to 25 years. If you require a loan with a shorter term, you may want to consider a [bridging loan](/bridging-loan-broker/) or [development loan](/development-finance/). Businesses use commercial mortgages to purchase and improve properties. Commercial investment mortgages are used to buy a property to rent, while owner-occupied commercial mortgages are used when you operate the business from the building. [ Contact Us ](/contact-us/) [![Service icon 6](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-6.jpg "service-icon-6 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Equity & JV Funding in Manchester](#) To buy a property from auction fast, whether residential or commercial, [JV funding](/joint-venture-property-finance/) is often suitable. Because of the expense of developing properties, there is a high demand for finance, and joint venture finance can be a suitable option. A joint venture (JV) is an agreement between two or more parties to combine their resources in order to carry out a certain objective. A new project or any other type of commercial activity might be this task. Each member of a JV is accountable for the venture’s gains, losses, and expenses. The endeavour, however, exists independently of the partners’ existing commercial ventures. Borrowers need tailored solutions, and joint ventures provide this, where the investor or partner agrees to funding in exchange for a share in profits. This can be a good choice if you want to get going on a project and capital is limited. Contact us to arrange JV funding in Manchester. [ Contact Us ](/contact-us/) ![1605 Camden Goods Yard](https://www.hankzarihs.com/wp-content/uploads/2025/06/1605-Camden-Goods-Yard.jpg "1605-Camden-Goods-Yard - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") H.Z.A ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Why choose Hank Zarihs Associates? When you are getting a bridging loan broker in Manchester, make Hank Zarihs Associates your first choice. We will always work hard to find the best rates. Thanks to the fact we work with a panel of experienced lenders and excellent track records, you can access the best rates from trusted lenders. We offer a wide range of loans. Many bridging loans in Manchester are not available on the open market because they are specialist products. We can help you access several loans and deals that you would not be able to find otherwise. We are fast and very efficient, which is essential for our clients. We can help you find a bridging loan in Manchester in a very short time, gathering quotes from lenders in an hour and often arranging the loan in days. We provide tailored advice and transparent information to our clients in Manchester, so you can trust us to deliver and have confidence in the products we secure. Finally, our customer service is unmatched. We build long-term relationships with our clients, providing them with maximum value every time. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) ##### OUR FOUR STEP SIMPLE SALES PROCESS ## Our Sales Process Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ ##### CONFUSED ABOUT FINANCE? #### Call & Discuss ##### WE WILL PACKAGE YOUR APPLICATION #### Submit Documents ## 01 Call us today to discuss your enquiry. We’ll find out what product is suited to your needs – we just need 5 mins of your time. Once we’ve received terms from our select panel of lenders, We’ll inform you of the options you have and then you’ll let us know which offer to proceed with. ## 02 ## 03 Once you’ve selected the perfect lender, we’ll go ahead and package the application on your behalf, making it a seamless and easy process. We’ll then instruct valuation and legals on the same day. Once the case has been submitted and the valuation report is back the case will be formally offered and funds can be made available to drawdown, subject to the legal due diligence being complete – From start to finish, we can have deals ready in as little as 7 working days. ## 04 ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/loan.png "loan - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### RECEIVE TERMS FROM LENDERS #### Compare Offers ##### FORMAL SUBMISSION #### Get your finance ## 01 ##### CONFUSED ABOUT FINANCE? ## Call & Discuss Call us today to discuss your enquiry. We’ll find out what product is suited to your needs – we just need 5 mins of your time. ##### RECEIVE TERMS FROM LENDERS ## Compare Offers Once we’ve received terms from our select panel of lenders, We’ll inform you of the options you have and then you’ll let us know which offer to proceed with. ## 02 ## 03 ##### WE WILL PACKAGE YOUR APPLICATION ## Submit Documents Once you’ve selected the perfect lender, we’ll go ahead and package the application on your behalf, making it a seamless and easy process. We’ll then instruct valuation and legals on the same day. ##### FORMAL SUBMISSION ## Get your finance Once the case has been submitted and the valuation report is back the case will be formally offered and funds can be made available to drawdown, subject to the legal due diligence being complete – From start to finish, we can have deals ready in as little as 7 working days. ## 04 ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/loan.png "loan - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [ Call Us Today & Get Started Now ](/contact-us/) **Tags:** Transparent Header --- ### [Bridging Loan Brokers London](https://www.hankzarihs.com/london/) **Published:** June 18, 2025 **Author:** Shiraz Khan **Content:** # Bridging Loan Brokers London . ### Providing Funding Solutions for Success Hank Zarihs Associates are experienced financial intermediaries specialising in development and investment funding. We have the experience and expertise required to present your project in a format which will satisfy the lending institutions credit committees. Before we take a project forward we conduct due diligence which enables us to select the most appropriate lender for each project. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) ## our services in London We are a professional bridging loan broker in London, offering a range of professional services. Below, you will find the main services we can offer you. [![Service icon 1](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-1.jpg "service-icon-1 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#auction-finance)### [Auction Finance](#auction-finance) - Funding agreed in minutes - Unmortgageable property - No proof of income [![Service icon 2](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-2.jpg "service-icon-2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#bridging-finance)### [Bridging Finance](#bridging-finance) - Lending up to 80% LTV - No exits fees - All asset classes [![Service icon 3](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-3.jpg "service-icon-3 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#development-finance)### [Development Finance](#development-finance) - Ground up and conversions - 100% of construction cost - 90% loan to cost [![Service icon 4](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-4.jpg "service-icon-4 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#term-loans)### [Term Loans](#term-loans) - Whole blocks - HMO portfolio - All asset classes [![Service icon 5](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-5.jpg "service-icon-5 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#commercial-mortgages)### [Commercial Mortgages](#commercial-mortgages) - Loans up to 70% LTV - Rates from 8.99% Pa - Low Exit Fees - Loans from £250,000 to £10m [![Service icon 6](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-6.jpg "service-icon-6 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#equity-funding)### [Equity & JV Funding](#equity-funding) - To purchase residential or commercial property quickly from an auction ![Layer 2](https://www.hankzarihs.com/wp-content/uploads/2024/09/Layer-2-1024x304.png "Layer 2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Buying Property At Auction](https://www.hankzarihs.com/wp-content/uploads/2025/06/Buying-Property-At-Auction.jpg "Buying-Property-At-Auction - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Service icon 1](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-1.jpg "service-icon-1 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")### Auction Finance in London Want to purchase a property in London at auction? You might want to refurbish or buy land to build on, and you may need finance to complete the transaction. [Auction loans](/auction-finance/ "Auction Finance") are a specialist type of lending product designed for this very purpose with special features included. They are a form of short-term finance for quick turnaround times. Auction purchases need a completion of 28 working days or less, and long-term finance is rarely suitable. You can use short-term auction finance in London to buy property at auction, whether commercial or residential and get rapid access to funds to complete the transaction. Speed is of the essence with auction finance, so we work rapidly using our streamlined process. Provide your details and receive tailored offers in as little as 20 minutes. [ Contact Us ](/contact-us/) [![Service icon 2](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-2.jpg "service-icon-2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Bridging Finance in London](#) [Bridging loans](/bridging-loan-broker/) are a popular form of short-term finance that serve as a temporary solution to bridge the gap between purchase and long-term funding. They are particularly useful when purchasing a property sold as part of a chain, or when there is a delay between purchasing a property and arranging the long-term funding. Bridging loans are often the preferred option for those who require fast access to funds for acquiring a property without the usual delays and paperwork. These loans are utilised by individuals, developers, and enterprises alike. Bridging loans can be used for various purposes, from renovating a property to buying a commercial property. What is a Bridging Loan? A bridging loan is a type of short-term finance that is used to “bridge” the gap between two transactions. For example, if you are in the process of selling your current property and have found your dream home, but the sale hasn’t gone through yet, a bridging loan can help you to secure the purchase of your new home. Once the sale of your current property goes through, you can pay off the bridging loan. Bridging loans are usually secured against the property you are buying, and they are typically offered for periods of between one month and 12 months. The loan amount can range from a few thousand pounds to millions of pounds, depending on the lender and the value of the property. How do Bridging Loans Work? Bridging loans work by providing you with a short-term injection of cash to help you purchase a property. They are typically secured against the property you are buying, and they are usually only offered for a short period of time. The loan amount is typically calculated based on the value of the property you are buying, minus the deposit you have already paid. Lenders will also take into account your income, credit history, and any other assets you have when deciding whether to offer you a bridging loan. Once the loan has been approved, you will need to provide the lender with a repayment plan. This plan will typically involve selling your existing property within the agreed timeframe and using the proceeds to pay off the bridging loan. If you are unable to sell your property within the agreed timeframe, you may need to extend the loan or find alternative finance. Who can Apply for a Bridging Loan? Anyone can apply for a bridging loan, but you will need to meet certain criteria to be eligible. You will need to be over 18 years old and a UK resident, and you will need to have a plan in place to repay the loan. Lenders will also look at your credit history and your ability to make repayments before deciding whether to offer you a loan. If you have a poor credit history, you may find it more difficult to secure a bridging loan, but it is still possible. The Advantages of a Bridging Loan - Quick access to funds: Bridging loans are usually approved much faster than other types of finance, so you can get the money you need quickly. - Flexible terms: Bridging loans are designed to be flexible, so you can usually negotiate the terms of the loan to suit your needs. - No upfront payments: You won’t usually have to make any upfront payments when taking out a bridging loan, so you can use the money to cover your costs without worrying about how you will pay for it. What can Bridging Loans be used for? Bridging loans can be used for various purposes, from renovating a property to buying a commercial property. [ Contact Us ](/contact-us/) ![Bridging loans finance for downsizing](https://www.hankzarihs.com/wp-content/uploads/2025/06/bridging_loans_finance_for_downsizing.jpg "bridging_loans_finance_for_downsizing - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Construction finance for home property development](https://www.hankzarihs.com/wp-content/uploads/2025/06/construction_finance_for_home_property_development.jpg "construction_finance_for_home_property_development - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [![Service icon 3](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-3.jpg "service-icon-3 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Development Finance in London](#) We can help you find the best development loans in London from trusted lenders with expertise. We offer an intermediary service to simplify your access to finance and make it quicker and easier, thanks to our expert lending panel. Short-term development finance is used by landlords, builders and property developers. It’s often needed to fund a refurbishment or the whole development cost. This type of finance is suitable for experienced borrowers, but we can also help first-time developers. [Development finance](/development-finance/) can be useful for anyone who wants to buy a property at auction or to secure finance against a property that is not habitable and a standard mortgage is not suitable. [ Contact Us ](/contact-us/) [![Service icon 4](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-4.jpg "service-icon-4 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Term Loans in London](#) We can help borrowers to access suitable [term loans](/short-term-property-loans/) for a wide range of purposes. T To put it simply, a term loan is a lump sum of money borrowed from a financial institution such as a banks and lenders. Funds are advanced by the lending institution, and they are repaid by you plus interest over the course of several months to years. Fixed or variable, the interest rate is typically much lower than those of alternative forms of financing. Term loans are versatile and may be used for anything, from home improvements to funding a new company venture. Term loans are popular among business owners because they may be used for both short- and long-term goals. You may want a term loan for your HMO portfolio or whole blocks. Term loans are suitable for all asset classes, and we can help you find the finance you need fast. [ Contact Us ](/contact-us/) ![Short term mortgages to finance extensions](https://www.hankzarihs.com/wp-content/uploads/2025/06/short_term_mortgages_to_finance_extensions.jpg "short_term_mortgages_to_finance_extensions - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Morden Wharf riverside park](https://www.hankzarihs.com/wp-content/uploads/2025/06/Morden-Wharf-riverside-park.jpg "Morden-Wharf-riverside-park - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [![Service icon 5](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-5.jpg "service-icon-5 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Commercial Mortgages in London](#) A [commercial mortgage](/commercial-mortgage-broker/) might be a workable solution for you if you want to buy a building with the intention of using it as collateral for a loan against the property where your company is located. In order to successfully qualify for a commercial mortgage, you will need to consult with a mortgage counsellor because there is no one product on the market that will fulfil all of your financing needs. The term “commercial mortgage” refers to a specific form of mortgage loan taken out on non-residential (or “commercial”) real estate. Commercial mortgages can be used to buy or refinance commercial assets, such as office space for a business or a rental property for investors. They are flexible enough to be utilised for funding entire commercial, mixed-use, and even vacant land sites. Because commercial mortgage lenders typically evaluate each application on its own merits, its eligibility requirements can be more lenient than those of conventional mortgage lenders. As a result, rather than restricting themselves to a narrow set of conditions, lenders are free to evaluate a far wider range of options. **Types of Commercial Mortgages** Commercial loans for owner-occupied properties When a property is being bought for the buyer’s own business to operate from, an owner-occupied commercial mortgage, also known as a business mortgage, is employed. Commercial investment mortgages If you plan on renting out your commercial property to another company, you will need to apply for a commercial investment mortgage, often known as a commercial buy to let mortgage. This is the commercial equivalent of a “[buy to let](/buy-to-let-mortgages/)” mortgage. Interest only commercial mortgages In the case of interest-only commercial mortgages, monthly payments are limited to the interest amount. This offers the benefit of reducing your monthly mortgage payment but will increase the total interest you pay on your business loan. An interest-only commercial mortgage must be repaid in full or refinanced through a commercial remortgage at the conclusion of the mortgage term. Capital repayment commercial mortgages To progressively pay off your commercial mortgage over the course of the loan term, capital repayment mortgages require making monthly payments that cover both the principal balance and the interest accrued on the loan. You will have to make larger payments toward your mortgage each month as a result of this, but you will have the peace of mind of knowing that your property will be paid off by the end of the loan term. Fixed rate commercial mortgages Commercial mortgages with fixed rates have an interest rate that does not change for the duration of the loan, which is typically between two and five years. Your monthly repayments will stay the same throughout a fixed rate term, regardless of any changes that the Bank of England Base Rate may undergo during that time period. If you choose a product with a fixed interest rate, you will profit from the increase in interest rates; but you will not benefit from any decreases in interest rates. Variable interest rate commercial mortgages Variable rate of interest Commercial mortgages do not have a fixed rate, therefore if interest rates fluctuate, so might your interest rate and consequently your monthly payments. [ Contact Us ](/contact-us/) [![Service icon 6](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-6.jpg "service-icon-6 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Equity & JV Funding in London](#) If you want to purchase property from an auction quickly, whether a residential or commercial property, JV funding in London can be useful. Joint venture finance is increasingly popular in London and across the UK. Developing properties from scratch or developing new properties is expensive, and the demand for finance is high. Tailored solutions are often needed, and joint ventures provide such an option. This is a type of finance where the investor or partner agrees to fund the property venture for a share in the profits. They are ideal when you want to get a project moving, and you don’t have much capital at the time, and they are most suitable for experienced developers. If you want to arrange equity and JV funding, contact us today to find out about your options. [ Contact Us ](/contact-us/) ![1605 Camden Goods Yard](https://www.hankzarihs.com/wp-content/uploads/2025/06/1605-Camden-Goods-Yard.jpg "1605-Camden-Goods-Yard - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") H.Z.A ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Why choose Hank Zarihs Associates? If you’re in need of a bridging loan broker in Leeds, look no further than Hank Zarihs Associates. Our clients choose us time and time again for several reasons, including: Access to the Best Rates: We work with a panel of respected and experienced lenders with excellent track records, which enables us to find you the best rates and loan products from trusted lenders. Wide Range of Loan Products: Most bridging loans in Leeds are specialist products that are not available on the open market. However, we have a wide range of loan products that you can access, which you wouldn’t be able to find by searching directly. Fast and Efficient: We understand that time is of the essence, which is why we are fast and efficient. We can help you find the right bridging loan in Leeds in minutes and gather information and quotes from lenders within the hour. We can even arrange your bridging loan within days. Tailored Advice: We provide tailored advice to our Leeds clients, ensuring you receive transparent information and can have full confidence in the products we secure for you. Exemplary Customer Service: We are committed to building long-term relationships with our clients based on providing maximum value. Our customer service is exemplary, and we have a superb track record. If you need a bridging loan broker in Leeds, you can trust Hank Zarihs Associates to provide you with access to the best rates and loan products, tailored advice, and exemplary customer service. Contact us today to discuss your bridging loan needs. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) ##### OUR FOUR STEP SIMPLE SALES PROCESS ## Our Sales Process Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ ##### CONFUSED ABOUT FINANCE? #### Call & Discuss ##### WE WILL PACKAGE YOUR APPLICATION #### Submit Documents ## 01 Call us today to discuss your enquiry. We’ll find out what product is suited to your needs – we just need 5 mins of your time. Once we’ve received terms from our select panel of lenders, We’ll inform you of the options you have and then you’ll let us know which offer to proceed with. ## 02 ## 03 Once you’ve selected the perfect lender, we’ll go ahead and package the application on your behalf, making it a seamless and easy process. We’ll then instruct valuation and legals on the same day. Once the case has been submitted and the valuation report is back the case will be formally offered and funds can be made available to drawdown, subject to the legal due diligence being complete – From start to finish, we can have deals ready in as little as 7 working days. ## 04 ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/loan.png "loan - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### RECEIVE TERMS FROM LENDERS #### Compare Offers ##### FORMAL SUBMISSION #### Get your finance ## 01 ##### CONFUSED ABOUT FINANCE? ## Call & Discuss Call us today to discuss your enquiry. We’ll find out what product is suited to your needs – we just need 5 mins of your time. ##### RECEIVE TERMS FROM LENDERS ## Compare Offers Once we’ve received terms from our select panel of lenders, We’ll inform you of the options you have and then you’ll let us know which offer to proceed with. ## 02 ## 03 ##### WE WILL PACKAGE YOUR APPLICATION ## Submit Documents Once you’ve selected the perfect lender, we’ll go ahead and package the application on your behalf, making it a seamless and easy process. We’ll then instruct valuation and legals on the same day. ##### FORMAL SUBMISSION ## Get your finance Once the case has been submitted and the valuation report is back the case will be formally offered and funds can be made available to drawdown, subject to the legal due diligence being complete – From start to finish, we can have deals ready in as little as 7 working days. ## 04 ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/loan.png "loan - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [ Call Us Today & Get Started Now ](/contact-us/) **Tags:** Transparent Header --- ### [Bridging Loan Brokers Liverpool](https://www.hankzarihs.com/liverpool/) **Published:** June 18, 2025 **Author:** Shiraz Khan **Content:** # Bridging Loan Brokers Liverpool. ### Providing Funding Solutions for Success At Hank Zarihs Associates, we specialise in investment and development funding in Liverpool. We focus on the real estate market, and we help professional investors and developers raise equity and debt. We provide solutions fast, so you don’t have to wait around. Contact us today for more information about bridging loans in Liverpool. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) ## our services in Liverpool We are a professional bridging loan broker in Liverpool, offering a range of professional services. Below, you will find the main services we can offer you. [![Service icon 1](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-1.jpg "service-icon-1 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#auction-finance)### [Auction Finance](#auction-finance) - Funding agreed in minutes - Unmortgageable property - No proof of income [![Service icon 2](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-2.jpg "service-icon-2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#bridging-finance)### [Bridging Finance](#bridging-finance) - Lending up to 80% LTV - No exits fees - All asset classes [![Service icon 3](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-3.jpg "service-icon-3 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#development-finance)### [Development Finance](#development-finance) - Ground up and conversions - 100% of construction cost - 90% loan to cost [![Service icon 4](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-4.jpg "service-icon-4 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#term-loans)### [Term Loans](#term-loans) - Whole blocks - HMO portfolio - All asset classes [![Service icon 5](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-5.jpg "service-icon-5 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#commercial-mortgages)### [Commercial Mortgages](#commercial-mortgages) - Loans up to 70% LTV - Rates from 8.99% Pa - Low Exit Fees - Loans from £250,000 to £10m [![Service icon 6](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-6.jpg "service-icon-6 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#equity-funding)### [Equity & JV Funding](#equity-funding) - To purchase residential or commercial property quickly from an auction ![Layer 2](https://www.hankzarihs.com/wp-content/uploads/2024/09/Layer-2-1024x304.png "Layer 2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Buying Property At Auction](https://www.hankzarihs.com/wp-content/uploads/2025/06/Buying-Property-At-Auction.jpg "Buying-Property-At-Auction - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Service icon 1](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-1.jpg "service-icon-1 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")### Auction Finance in Liverpool If you are planning to purchase a property at auction in Liverpool, you may need access to finance. We can help you find the right auction loan. These are specialist products with a fast turnaround because long-term finance is not suitable for auction purchases. You can use short-term [auction finance](/auction-finance/ "Auction Finance") to buy commercial or residential property at auction and get quick access to funds so you can complete the transaction sooner. We can often get tailored offers back to you within 20 minutes of receiving your details. [ Contact Us ](/contact-us/) [![Service icon 2](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-2.jpg "service-icon-2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Bridging Finance in Liverpool](#) [Bridging finance](/) is a form of short-term finance to bridge the gap between purchasing a property and securing long-term funding. [Bridging loans](/bridging-loan-broker/) in Liverpool are useful when there is a delay in arranging funding and you need fast access to funds. You can use these loans to purchase a property without any delays. They are often used to purchase or renovate a property, and they are suitable for both individuals and businesses. [ Contact Us ](/contact-us/) ![Bridging loans finance for downsizing](https://www.hankzarihs.com/wp-content/uploads/2025/06/bridging_loans_finance_for_downsizing.jpg "bridging_loans_finance_for_downsizing - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Construction finance for home property development](https://www.hankzarihs.com/wp-content/uploads/2025/06/construction_finance_for_home_property_development.jpg "construction_finance_for_home_property_development - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [![Service icon 3](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-3.jpg "service-icon-3 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Development Finance in Liverpool](#) Get development loans in Liverpool from trusted lenders at the best rates. We simplify access to finance by working with a panel of experienced lenders. [Development loans](/development-finance/) are used by builders, developers and landlords to fund refurbishments or larger developments. They are useful if you are planning to buy a property at auction or in other situations where a standard mortgage is not an option. [ Contact Us ](/contact-us/) [![Service icon 4](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-4.jpg "service-icon-4 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Term Loans in Liverpool](#) A financial loan known as a term loan is one that is typically repaid in equal instalments over the course of a certain amount of time. Term loans typically have terms ranging from one to 10 years, although in exceptional instances, they can have terms that are as long as thirty years. A term loan will often have an adjustable interest rate, which means that the total amount that has to be returned will increase. Contact us to find out about getting access to a term loan for a range of purposes. Pay back the loan in regular instalments over a period of time and choose from fixed or variable rates. Whatever your project, term loans can be a good option, so let us help you find the right product for your needs. [ Contact Us ](/contact-us/) ![Short term mortgages to finance extensions](https://www.hankzarihs.com/wp-content/uploads/2025/06/short_term_mortgages_to_finance_extensions.jpg "short_term_mortgages_to_finance_extensions - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Morden Wharf riverside park](https://www.hankzarihs.com/wp-content/uploads/2025/06/Morden-Wharf-riverside-park.jpg "Morden-Wharf-riverside-park - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [![Service icon 5](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-5.jpg "service-icon-5 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Commercial Mortgages in Liverpool](#) [Commercial mortgages](/commercial-mortgage-broker/) are a type of financing used largely for the acquisition or refinancing of real estate used for commercial or business purposes, such as by a company to do business or for investment purposes (commercial buy to let mortgage). Fully commercial buildings, such as offices, retailers, and warehouses, are eligible for a commercial mortgage, as are semi-commercial properties, such as a shop with residential accommodation above it or a house with a business unit adjacent to it. Commercial mortgages are often regarded as a sophisticated kind of financing that calls for specialised knowledge and experience. You can choose from commercial investment mortgages and owner-occupied commercial mortgages and we will help you find the best rates. [ Contact Us ](/contact-us/) [![Service icon 6](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-6.jpg "service-icon-6 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Equity & JV Funding in Liverpool](#) If you want to purchase a residential or commercial property at auction in Liverpool, we can help you arrange JV funding. [Joint venture finance](/joint-venture-property-finance/) is a good option when developing properties due to the high costs involved. When two or more companies work together toward a same objective, they are engaging in a “Joint Venture.” A popular scenario involves a builder partnering with an outside investor on a real estate project in the hopes of making a profit. It’s possible for the complete capital stack to consist of a credit facility provided by a senior debt lender to the developer and additional funding contributed by a joint venture partner. However, when a developer is looking at [development financing](/development-finance/) possibilities, the word “Joint Venture” is typically referred to as a 100% JV financial arrangement. In this arrangement, one party to the JV pays all of the development project’s expenses in exchange for a percentage of the final profit. Our clients often need tailored solutions, and with this type of finance, the investor agrees to fund the project in return for a share in the profits. This can be suitable if you are ready to get the project started, but you don’t have enough capital. [ Contact Us ](/contact-us/) ![1605 Camden Goods Yard](https://www.hankzarihs.com/wp-content/uploads/2025/06/1605-Camden-Goods-Yard.jpg "1605-Camden-Goods-Yard - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") H.Z.A ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Why choose Hank Zarihs Associates? We can help you find a wide range of loan products that are not available on the open market. These are specialist products, and we can get you access to loans that you would not be able to find otherwise. On top of that, we’ll find you the best rates from experienced lenders you can trust. We always work quickly, so you don’t have to wait around. Time is of the essence, and we can often help you to find a suitable bridging loan in Liverpool in minutes. We can gather information within the hour and arrange your loan in days. We offer a tailored service, and we take customer service very seriously. It’s our goal to build long-term relationships with our customers, always providing maximum value. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) ##### OUR FOUR STEP SIMPLE SALES PROCESS ## Our Sales Process Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ ##### CONFUSED ABOUT FINANCE? #### Call & Discuss ##### WE WILL PACKAGE YOUR APPLICATION #### Submit Documents ## 01 Call us today to discuss your enquiry. We’ll find out what product is suited to your needs – we just need 5 mins of your time. Once we’ve received terms from our select panel of lenders, We’ll inform you of the options you have and then you’ll let us know which offer to proceed with. ## 02 ## 03 Once you’ve selected the perfect lender, we’ll go ahead and package the application on your behalf, making it a seamless and easy process. We’ll then instruct valuation and legals on the same day. Once the case has been submitted and the valuation report is back the case will be formally offered and funds can be made available to drawdown, subject to the legal due diligence being complete – From start to finish, we can have deals ready in as little as 7 working days. ## 04 ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/loan.png "loan - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### RECEIVE TERMS FROM LENDERS #### Compare Offers ##### FORMAL SUBMISSION #### Get your finance ## 01 ##### CONFUSED ABOUT FINANCE? ## Call & Discuss Call us today to discuss your enquiry. We’ll find out what product is suited to your needs – we just need 5 mins of your time. ##### RECEIVE TERMS FROM LENDERS ## Compare Offers Once we’ve received terms from our select panel of lenders, We’ll inform you of the options you have and then you’ll let us know which offer to proceed with. ## 02 ## 03 ##### WE WILL PACKAGE YOUR APPLICATION ## Submit Documents Once you’ve selected the perfect lender, we’ll go ahead and package the application on your behalf, making it a seamless and easy process. We’ll then instruct valuation and legals on the same day. ##### FORMAL SUBMISSION ## Get your finance Once the case has been submitted and the valuation report is back the case will be formally offered and funds can be made available to drawdown, subject to the legal due diligence being complete – From start to finish, we can have deals ready in as little as 7 working days. ## 04 ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/loan.png "loan - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [ Call Us Today & Get Started Now ](/contact-us/) **Tags:** Transparent Header --- ### [Bridging Loan Brokers Leicester](https://www.hankzarihs.com/leicester/) **Published:** June 17, 2025 **Author:** Shiraz Khan **Content:** # Bridging Loan Brokers Leicester. ### Providing Funding Solutions for Success Hank Zarihs Associates is a team of skilled financial intermediaries who specialise in providing funding solutions for development and investment. Our expertise and experience enable us to present your project to lending institutions in a way that meets their credit committee’s requirements. We conduct due diligence on all projects to identify the best lenders and funding options available. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) ## our services in Leicester As a professional bridging loan broker in Leicester, we pride ourselves on offering a range of expert services to our clients. [![Service icon 1](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-1.jpg "service-icon-1 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#auction-finance)### [Auction Finance](#auction-finance) - Funding agreed in minutes - Unmortgageable property - No proof of income [![Service icon 2](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-2.jpg "service-icon-2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#bridging-finance)### [Bridging Finance](#bridging-finance) - Lending up to 80% LTV - No exits fees - All asset classes [![Service icon 3](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-3.jpg "service-icon-3 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#development-finance)### [Development Finance](#development-finance) - Ground up and conversions - 100% of construction cost - 90% loan to cost [![Service icon 4](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-4.jpg "service-icon-4 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#term-loans)### [Term Loans](#term-loans) - Whole blocks - HMO portfolio - All asset classes [![Service icon 5](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-5.jpg "service-icon-5 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#commercial-mortgages)### [Commercial Mortgages](#commercial-mortgages) - Loans up to 70% LTV - Rates from 8.99% Pa - Low Exit Fees - Loans from £250,000 to £10m [![Service icon 6](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-6.jpg "service-icon-6 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#equity-funding)### [Equity & JV Funding](#equity-funding) - To purchase residential or commercial property quickly from an auction ![Layer 2](https://www.hankzarihs.com/wp-content/uploads/2024/09/Layer-2-1024x304.png "Layer 2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Buying Property At Auction](https://www.hankzarihs.com/wp-content/uploads/2025/06/Buying-Property-At-Auction.jpg "Buying-Property-At-Auction - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Service icon 1](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-1.jpg "service-icon-1 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")### Auction Finance in Leicester If you’re looking to buy a property in Leicester through an auction, you’ll need specialist finance to facilitate the transaction. Luckily, auction loans are designed explicitly for this purpose, providing short-term lending solutions for a variety of property investments, including property renovation, land development, and commercial or residential property acquisition. [Auction finance](/auction-finance/ "Auction Finance") is solution that is custom-tailored to meet the unique needs of the auction process, which requires completion within 28 working days or less. Unlike traditional long-term finance, auction finance is engineered for quick turnaround times, providing swift access to the funds necessary to complete the transaction. Buying a property through auction in Leicester, whether commercial or residential, can be made more accessible with short-term auction finance. Our streamlined process ensures that you receive tailored offers in as little as 20 minutes. We understand that speed is essential in auction finance, and we work closely with each client to provide bespoke lending solutions that fit their individual requirements. Our team of experts has extensive experience in the auction finance market and is well-versed in the intricacies of the auction process. Investing in Leicester’s property market through auctions can be a wise decision. However, having access to the right financing solutions is crucial. Our specialist auction loans can provide the short-term finance you need to complete the transaction successfully. Whether you’re a property investor, developer, or business owner, our financing solutions can be tailored to your specific needs. **Why Choose Our Auction Loans?** Our auction loans are designed to be flexible and custom-tailored to your specific requirements, offering you the following benefits: 1. **Swift access to funds:** Our auction loans are engineered for quick turnaround times, providing swift access to the funds you need to complete the transaction. 2. **Expertise:** Our team of experts has extensive experience in the auction finance market and is well-versed in the intricacies of the auction process. We work closely with each client to provide bespoke lending solutions that fit their individual requirements. 3. **Tailored lending solutions:** We understand that every client has unique financing needs. That’s why our financing solutions are custom-tailored to your specific requirements, ensuring that you receive the right lending solution for your property investment goals. 4. **Speed and efficiency:** Our streamlined process ensures that you receive tailored offers in as little as 20 minutes, giving you the speed and efficiency you need to succeed in the auction process. [ Contact Us ](/contact-us/) [![Service icon 2](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-2.jpg "service-icon-2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Bridging Finance in Leicester](#) Are you looking to invest in a new property but struggling to secure long-term financing? If so, a bridging loan may be the ideal solution for you. A [bridging loan](/bridging-loan-broker/) is a short-term finance option designed to bridge the gap between the purchase of a property and the arrangement of long-term funding. It’s a popular choice for those who require fast access to funds to acquire a property without the delays and paperwork associated with traditional financing options. Bridging loans can be used for a variety of purposes, including property renovation, purchasing a commercial property, or any other investment that requires quick access to funds. It’s also ideal for individuals, developers, and enterprises who need to act quickly to secure a property or investment opportunity. At Hank Zarihs, we understand that every client has unique financing needs. That’s why we provide bespoke solutions tailored to meet your specific requirements. Our team of experts has extensive experience in the bridging loan market and understands the complexities involved in securing these types of loans. **Why Choose Hank Zarihs for Your Bridging Loan?** 1. **Fast and efficient:** We understand that time is of the essence when it comes to securing a property or investment opportunity. That’s why we provide fast and efficient service to ensure that you receive the funds you need as quickly as possible. 2. **Expertise:** Our team of experts has a wealth of experience in the bridging loan market and understands the intricacies of the process. We work closely with our clients to provide bespoke solutions that meet their unique financing needs. 3. **Hassle-free process:** We pride ourselves on providing our clients with a hassle-free experience. Our team will guide you through the entire process, from application to funding, ensuring that you are fully informed and comfortable with every step of the process. 4. **Customised solutions:** We understand that every client has unique financing needs. That’s why we provide customised solutions tailored to meet your specific requirements, ensuring that you receive the right financing option for your investment goals. [ Contact Us ](/contact-us/) ![Bridging loans finance for downsizing](https://www.hankzarihs.com/wp-content/uploads/2025/06/bridging_loans_finance_for_downsizing.jpg "bridging_loans_finance_for_downsizing - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Construction finance for home property development](https://www.hankzarihs.com/wp-content/uploads/2025/06/construction_finance_for_home_property_development.jpg "construction_finance_for_home_property_development - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [![Service icon 3](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-3.jpg "service-icon-3 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Development Finance in Leicester](#) If you’re a landlord, builder, or property developer seeking development loans in Leicester, our expert intermediary service is here to assist you. We work with a panel of trusted lenders who specialise in short-term development finance, making it easier for you to access the financing you need. [Development finance](/development-finance/) is a type of financing used to fund property refurbishment or development costs. It’s a suitable option for experienced borrowers, but we can also assist first-time developers in navigating the complexities of securing development finance. Our lending panel comprises a range of lenders specialising in short-term development finance. We work closely with our clients to provide tailored lending solutions that meet their unique requirements. Our development finance solutions are ideal for anyone seeking to purchase a property at auction or secure finance against an uninhabitable property, where a standard mortgage is not applicable. At our expert intermediary service, we pride ourselves on simplifying the process of accessing finance. We assist our clients in navigating the complex landscape of development finance and securing the best possible terms and rates for their financing needs. Our team of experienced professionals is dedicated to providing you with the highest level of service, helping you realise your property development ambitions. **Why Choose Our Expert Intermediary Service for Your Development Finance Needs?** 1. **Simplified process:** We simplify the process of accessing finance by working closely with our clients to provide tailored lending solutions that meet their specific requirements. 2. **Panel of trusted lenders:** We work with a panel of trusted lenders who specialise in short-term development finance, providing you with a range of options to choose from. 3. **Experienced professionals:** Our team of experienced professionals is dedicated to providing you with the highest level of service, helping you realise your property development ambitions. 4. **Bespoke solutions:** Our development finance solutions are custom-tailored to your unique requirements, ensuring that you receive the right financing option for your property development goals. [ Contact Us ](/contact-us/) [![Service icon 4](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-4.jpg "service-icon-4 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Term Loans in Leicester](#) If you’re looking for a lump sum of money to finance your personal project or business venture, term loans may be the ideal solution for you. As a team of experts in helping borrowers find the right financing solutions, we specialise in connecting you with lenders who offer the most competitive rates and flexible terms to cater to your specific needs. At its core, a [term loan](https://www.hankzarihs.com/short-term-property-loans/) is a lump sum of money borrowed from a financial institution, such as a lender or bank. The borrower receives the funds upfront and pays back the principal amount plus interest over several months or years. These loans are versatile and can be used for various purposes, such as home renovations, debt consolidation, or funding a new business. One of the primary advantages of term loans is their typically lower interest rates compared to other types of financing. Interest rates may be fixed or variable, but they are generally lower than credit card rates or lines of credit. Furthermore, term loans offer flexible repayment terms that can be customised to suit your specific requirements. Term loans are particularly popular among business owners because they can be used for both short- and long-term goals. Whether you need funding for a new project, expanding your business, or simply managing cash flow, term loans can provide the necessary capital to help you achieve your goals. **Why Choose Our Expert Term Loan Service?** 1. **Wide Range of Options:** We work with a variety of lenders and financial institutions to offer you the best financing options and competitive rates. 2. **Tailored Lending Solutions:** We understand that every borrower has unique financing needs. That’s why we provide custom-tailored lending solutions to cater to your specific requirements. 3. **Fast and Efficient Service:** Our team of experts can assist you in securing the financing you need quickly and easily, providing you with a hassle-free experience. 4. **Expertise:** Our team of experts has extensive experience in the lending industry and can assist you in securing the optimal financing solution to meet your specific needs. [ Contact Us ](/contact-us/) ![Short term mortgages to finance extensions](https://www.hankzarihs.com/wp-content/uploads/2025/06/short_term_mortgages_to_finance_extensions.jpg "short_term_mortgages_to_finance_extensions - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Morden Wharf riverside park](https://www.hankzarihs.com/wp-content/uploads/2025/06/Morden-Wharf-riverside-park.jpg "Morden-Wharf-riverside-park - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [![Service icon 5](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-5.jpg "service-icon-5 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Commercial Mortgages in Leicester](#) If you’ve recently purchased a commercial property and are considering using it as collateral for a loan against your business property, a commercial mortgage may be the right financing solution for you. However, before making any decisions, it’s crucial to understand the basics of commercial mortgages and how they work. A [commercial mortgage](/commercial-mortgage-broker/) is a type of mortgage loan that is secured against non-residential or commercial real estate. It is specifically designed for businesses or investors looking to buy or refinance commercial assets such as office spaces, rental properties, mixed-use buildings, and even vacant land sites. Unlike residential mortgages, commercial mortgages offer more flexibility and can be tailored to fit specific financing needs. There are several benefits of using a commercial mortgage to finance your business property. Firstly, commercial mortgages typically offer lower interest rates compared to other forms of financing, such as unsecured loans or credit cards. Secondly, they offer longer repayment periods, which means you can spread your payments out over a longer period of time, making them more manageable. Lastly, by using your commercial property as collateral, you may be able to borrow more money than you would with an unsecured loan. Qualifying for a commercial mortgage can be more complex than qualifying for a residential mortgage, and there is no one-size-fits-all solution. To successfully qualify for a commercial mortgage, it’s important to consult with our advisors who can guide you through the process and help you find the best financing solution for your specific needs. Factors that lenders consider when evaluating a commercial mortgage application include the property type and value, your business’s financial history and creditworthiness, the amount of money you are requesting, and your ability to make repayments on time. [ Contact Us ](/contact-us/) [![Service icon 6](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-6.jpg "service-icon-6 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Equity & JV Funding in Leicester](#) If you’re a property developer based in Leicester or anywhere else in the UK, you may be struggling with the high costs of financing your development projects. Fortunately, joint venture finance is an increasingly popular solution that can help you meet your unique financing needs. [Joint venture finance](/joint-venture-property-finance/) is a financing solution that involves an investor or partner funding a property development project in exchange for a share of the profits. Essentially, it’s a partnership between the property developer and the investor, where the investor provides the necessary capital to fund the project, and the developer manages the development process. There are several benefits of joint venture finance, making it an attractive option for property developers. Firstly, joint venture finance allows property developers to kickstart their projects quickly, even if they don’t have sufficient capital at the time. This is because the investor is putting up the funds needed to get the project off the ground. Moreover, joint venture finance offers a tailored solution to meet the specific financing needs of property developers. Every project is unique, and joint venture finance can be customised to meet the needs of each development, making it a highly flexible option. Joint venture finance is more suitable for experienced property developers who have a proven track record in property development. Investors want to see that their investment is going to be managed by someone with a successful history in property development. If you’re an experienced developer, joint venture finance can be an excellent option for you. It can provide you with the capital you need to get your projects moving quickly, without having to worry about finding the funds yourself. Additionally, joint venture finance can help you minimise your risk, as you’ll be sharing the risks and rewards of the development project with the investor. [ Contact Us ](/contact-us/) ![1605 Camden Goods Yard](https://www.hankzarihs.com/wp-content/uploads/2025/06/1605-Camden-Goods-Yard.jpg "1605-Camden-Goods-Yard - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") H.Z.A ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Why choose Hank Zarihs Associates? When it comes to finding a bridging loan broker in Leicester, there are many options available, but not all brokers are created equal. Access to the Best Rates and Loan Products from Trusted Lenders We work with a panel of respected and experienced lenders with excellent track records, providing our clients with access to the best rates and loan products available on the market. Wide Range of Loan Products Most bridging loans in Leicester are specialist products not available on the open market. We can get you access to a wide range of loans and deals that you would not find searching directly. Fast and Efficient Service We understand that time is of the essence when it comes to bridging loans. Our streamlined process enables us to find the right bridging loan for you in minutes, gather information and quotes from lenders within the hour, and arrange your loan within days. Tailored Advice and Transparent Information We provide tailored advice to our Leicester clients and transparent information throughout the lending process, ensuring you have full confidence in the products we secure for you. Exemplary Customer Service At Hank Zarihs Associates, we focus on building long-term relationships with our clients based on providing maximum value. Our superb track record speaks for itself. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) ##### OUR FOUR STEP SIMPLE SALES PROCESS ## Our Sales Process Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ ##### CONFUSED ABOUT FINANCE? #### Call & Discuss ##### WE WILL PACKAGE YOUR APPLICATION #### Submit Documents ## 01 Call us today to discuss your enquiry. We’ll find out what product is suited to your needs – we just need 5 mins of your time. Once we’ve received terms from our select panel of lenders, We’ll inform you of the options you have and then you’ll let us know which offer to proceed with. ## 02 ## 03 Once you’ve selected the perfect lender, we’ll go ahead and package the application on your behalf, making it a seamless and easy process. We’ll then instruct valuation and legals on the same day. Once the case has been submitted and the valuation report is back the case will be formally offered and funds can be made available to drawdown, subject to the legal due diligence being complete – From start to finish, we can have deals ready in as little as 7 working days. ## 04 ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/loan.png "loan - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### RECEIVE TERMS FROM LENDERS #### Compare Offers ##### FORMAL SUBMISSION #### Get your finance ## 01 ##### CONFUSED ABOUT FINANCE? ## Call & Discuss Call us today to discuss your enquiry. We’ll find out what product is suited to your needs – we just need 5 mins of your time. ##### RECEIVE TERMS FROM LENDERS ## Compare Offers Once we’ve received terms from our select panel of lenders, We’ll inform you of the options you have and then you’ll let us know which offer to proceed with. ## 02 ## 03 ##### WE WILL PACKAGE YOUR APPLICATION ## Submit Documents Once you’ve selected the perfect lender, we’ll go ahead and package the application on your behalf, making it a seamless and easy process. We’ll then instruct valuation and legals on the same day. ##### FORMAL SUBMISSION ## Get your finance Once the case has been submitted and the valuation report is back the case will be formally offered and funds can be made available to drawdown, subject to the legal due diligence being complete – From start to finish, we can have deals ready in as little as 7 working days. ## 04 ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/loan.png "loan - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [ Call Us Today & Get Started Now ](/contact-us/) **Tags:** Transparent Header --- ### [Bridging Loan Brokers Leeds](https://www.hankzarihs.com/leeds/) **Published:** June 19, 2025 **Author:** Shiraz Khan **Content:** # Bridging Loan Brokers Leeds. ### Providing Funding Solutions for Success Hank Zarihs Associates are experienced financial intermediaries specialising in development and investment funding. We have the experience and expertise required to present your project in a format which will satisfy the lending institutions credit committees. Before we take a project forward we conduct due diligence which enables us to select the most appropriate lender for each project. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) ## our services in Leeds We are a professional bridging loan broker in Leeds, offering a range of professional services. Below, you will find the main services we can offer you. [![Service icon 1](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-1.jpg "service-icon-1 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#auction-finance)### [Auction Finance](#auction-finance) - Funding agreed in minutes - Unmortgageable property - No proof of income [![Service icon 2](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-2.jpg "service-icon-2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#bridging-finance)### [Bridging Finance](#bridging-finance) - Lending up to 80% LTV - No exits fees - All asset classes [![Service icon 3](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-3.jpg "service-icon-3 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#development-finance)### [Development Finance](#development-finance) - Ground up and conversions - 100% of construction cost - 90% loan to cost [![Service icon 4](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-4.jpg "service-icon-4 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#term-loans)### [Term Loans](#term-loans) - Whole blocks - HMO portfolio - All asset classes [![Service icon 5](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-5.jpg "service-icon-5 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#commercial-mortgages)### [Commercial Mortgages](#commercial-mortgages) - Loans up to 70% LTV - Rates from 8.99% Pa - Low Exit Fees - Loans from £250,000 to £10m [![Service icon 6](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-6.jpg "service-icon-6 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#equity-funding)### [Equity & JV Funding](#equity-funding) - To purchase residential or commercial property quickly from an auction ![Layer 2](https://www.hankzarihs.com/wp-content/uploads/2024/09/Layer-2-1024x304.png "Layer 2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Buying Property At Auction](https://www.hankzarihs.com/wp-content/uploads/2025/06/Buying-Property-At-Auction.jpg "Buying-Property-At-Auction - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Service icon 1](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-1.jpg "service-icon-1 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")### Auction Finance in Leeds Want to purchase a property in Leeds at auction? You might want to refurbish or buy land to build on, and you may need finance to complete the transaction. An [auction loan](/auction-finance/ "Auction Finance") is a short-term loan that is designed to help property investors purchase a property at auction. The loan is typically secured against the property being purchased and is repaid once permanent financing is secured. An auction loan works by providing short-term financing to property investors who want to purchase a property at auction. The loan is typically secured against the property being purchased and is repaid once permanent financing is secured. You can use short-term auction finance in Leeds to buy property at auction, whether commercial or residential and get rapid access to funds to complete the transaction. Speed is of the essence with auction finance, so we work rapidly using our streamlined process. Provide your details and receive tailored offers in as little as 20 minutes. [ Contact Us ](/contact-us/) [![Service icon 2](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-2.jpg "service-icon-2 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Bridging Finance in Leeds](#) A bridging loan is a type of short-term loan that is typically used to bridge the gap between the purchase of a new property and the sale of an existing property. It’s designed to provide temporary financing until a more permanent financing option can be secured. A bridging loan works by providing short-term financing that is secured against the borrower’s property. The loan is typically repaid in full once the borrower sells their existing property and secures permanent financing for the new property. Bridging loans are typically used by property developers, investors, and homeowners who need quick access to financing to purchase a new property. The loan can be used for a variety of purposes, including property renovations, purchasing a new property before selling an existing one, or to cover unexpected expenses. [ Contact Us ](/contact-us/) ![Bridging loans finance for downsizing](https://www.hankzarihs.com/wp-content/uploads/2025/06/bridging_loans_finance_for_downsizing.jpg "bridging_loans_finance_for_downsizing - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Construction finance for home property development](https://www.hankzarihs.com/wp-content/uploads/2025/06/construction_finance_for_home_property_development.jpg "construction_finance_for_home_property_development - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [![Service icon 3](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-3.jpg "service-icon-3 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Development Finance in Leeds](#) We can help you find the best development loans in Leeds from trusted lenders with expertise. We offer an intermediary service to simplify your access to finance and make it quicker and easier, thanks to our expert lending panel. [Development finance](/development-finance/) is a type of funding that is specifically designed to help property developers and investors fund property development projects. The funding can be used for a variety of purposes, including land acquisition, construction costs, and marketing expenses. Development finance works by providing funding to property developers and investors to help them fund property development projects. The funding is typically provided in stages, with the developer or investor receiving funding at various stages of the project’s development. The amount of funding that is provided will depend on the size and complexity of the project, as well as the experience and track record of the developer or investor. The loan is typically secured against the property being developed, and repayment is made once the property is completed and sold or refinanced. [ Contact Us ](/contact-us/) [![Service icon 4](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-4.jpg "service-icon-4 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Term Loans in Leeds](#) We can help borrowers to access suitable [term loans](/short-term-property-loans/) for a wide range of purposes. T A term loan is a type of loan that is provided for a specific period of time, typically ranging from one to ten years. The loan is typically used for a specific purpose, such as purchasing a property or financing a business expansion. A term loan works by providing a lump sum of money to the borrower, which is repaid over a set period of time. The borrower will typically make regular payments, which include both principal and interest, until the loan is fully repaid. Term loans are typically provided by banks or financial institutions, and the interest rates and terms will vary depending on the lender, the borrower’s creditworthiness, and the purpose of the loan. [ Contact Us ](/contact-us/) ![Short term mortgages to finance extensions](https://www.hankzarihs.com/wp-content/uploads/2025/06/short_term_mortgages_to_finance_extensions.jpg "short_term_mortgages_to_finance_extensions - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Morden Wharf riverside park](https://www.hankzarihs.com/wp-content/uploads/2025/06/Morden-Wharf-riverside-park.jpg "Morden-Wharf-riverside-park - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [![Service icon 5](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-5.jpg "service-icon-5 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Commercial Mortgages in Leeds](#) If you’re planning to purchase a building in Leeds and use it as collateral for a loan against your business property, a [commercial mortgage](/commercial-mortgage-broker/) could be the perfect solution for you. However, it’s important to understand that not all financing products are created equal, so it’s essential to consult with a mortgage consultant to determine the best fit for your needs. A commercial mortgage is a type of loan that is specifically designed for commercial real estate investments. The loan is typically used to purchase or refinance commercial property, such as office buildings, retail space, or warehouses. A commercial mortgage works by providing a lump sum of money to the borrower, which is secured against the commercial property being purchased or refinanced. The borrower will typically make regular payments, which include both principal and interest, until the loan is fully repaid. Commercial mortgages are typically provided by banks or financial institutions, and the interest rates and terms will vary depending on the lender, the borrower’s creditworthiness, and the purpose of the loan. **Types of Commercial Mortgages** Commercial loans for owner-occupied properties When a property is being bought for the buyer’s own business to operate from, an owner-occupied commercial mortgage, also known as a business mortgage, is employed. Commercial investment mortgages If you plan on renting out your commercial property to another company, you will need to apply for a commercial investment mortgage, often known as a commercial buy to let mortgage. This is the commercial equivalent of a “[buy to let](/buy-to-let-mortgages/)” mortgage. Interest only commercial mortgages In the case of interest-only commercial mortgages, monthly payments are limited to the interest amount. This offers the benefit of reducing your monthly mortgage payment but will increase the total interest you pay on your business loan. An interest-only commercial mortgage must be repaid in full or refinanced through a commercial remortgage at the conclusion of the mortgage term. Capital repayment commercial mortgages To progressively pay off your commercial mortgage over the course of the loan term, capital repayment mortgages require making monthly payments that cover both the principal balance and the interest accrued on the loan. You will have to make larger payments toward your mortgage each month as a result of this, but you will have the peace of mind of knowing that your property will be paid off by the end of the loan term. Fixed rate commercial mortgages Commercial mortgages with fixed rates have an interest rate that does not change for the duration of the loan, which is typically between two and five years. Your monthly repayments will stay the same throughout a fixed rate term, regardless of any changes that the Bank of England Base Rate may undergo during that time period. If you choose a product with a fixed interest rate, you will profit from the increase in interest rates; but you will not benefit from any decreases in interest rates. Variable interest rate commercial mortgages Variable rate of interest Commercial mortgages do not have a fixed rate, therefore if interest rates fluctuate, so might your interest rate and consequently your monthly payments. [ Contact Us ](/contact-us/) [![Service icon 6](https://www.hankzarihs.com/wp-content/uploads/2025/06/service-icon-6.jpg "service-icon-6 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions")](#)### [Equity & JV Funding in Leeds](#) If you want to purchase property from an auction quickly, whether a residential or commercial property, JV funding in Leeds can be useful. [JV funding](/joint-venture-property-finance/) is a type of financing where two or more parties come together to fund a project or business venture. Each party typically contributes capital, expertise, or other resources to the joint venture, and shares in the profits or losses of the venture. JV funding works by bringing together two or more parties who have a common interest in a project or business venture. The parties will typically negotiate the terms of the joint venture, including the amount of capital to be contributed, the responsibilities of each party, and the division of profits or losses. JV funding can be used for a variety of purposes, including real estate development, technology startups, and other high-risk ventures. The success of the joint venture will depend on the capabilities and contributions of each party, as well as the strength of the underlying business plan. [ Contact Us ](/contact-us/) ![1605 Camden Goods Yard](https://www.hankzarihs.com/wp-content/uploads/2025/06/1605-Camden-Goods-Yard.jpg "1605-Camden-Goods-Yard - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") H.Z.A ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Why choose Hank Zarihs Associates? If you are considering a bridging loan broker in Leeds, why choose Hank Zarihs Associates? Our clients choose us over and over again for several reasons. For a start, we find you the best rates. We work with a panel of respected and experienced lenders with excellent track records, so our clients can access the best rates and loan products from trusted lenders. We also have a wide range of loan products you can access. Most bridging loans in Leeds are not available on the open market because they are specialist products. We can get you access to a wide range of loans and deals that you would simply not find searching directly. We are also fast and efficient, which is essential for our clients. We can help you find the right bridging loan in Leeds in minutes, and we can often gather the information and quotes from lenders within the hour and arrange your bridging loan within days. We provide tailored advice for our Leeds clients along with transparent information. You can trust us to deliver, and you can have full confidence in the products we secure for you. Finally, our customer service is exemplary. We focus on building long-term relationships with our clients based on providing maximum value, and we have a superb track record. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) ##### OUR FOUR STEP SIMPLE SALES PROCESS ## Our Sales Process Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ ##### CONFUSED ABOUT FINANCE? #### Call & Discuss ##### WE WILL PACKAGE YOUR APPLICATION #### Submit Documents ## 01 Call us today to discuss your enquiry. We’ll find out what product is suited to your needs – we just need 5 mins of your time. Once we’ve received terms from our select panel of lenders, We’ll inform you of the options you have and then you’ll let us know which offer to proceed with. ## 02 ## 03 Once you’ve selected the perfect lender, we’ll go ahead and package the application on your behalf, making it a seamless and easy process. We’ll then instruct valuation and legals on the same day. Once the case has been submitted and the valuation report is back the case will be formally offered and funds can be made available to drawdown, subject to the legal due diligence being complete – From start to finish, we can have deals ready in as little as 7 working days. ## 04 ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/loan.png "loan - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### RECEIVE TERMS FROM LENDERS #### Compare Offers ##### FORMAL SUBMISSION #### Get your finance ## 01 ##### CONFUSED ABOUT FINANCE? ## Call & Discuss Call us today to discuss your enquiry. We’ll find out what product is suited to your needs – we just need 5 mins of your time. ##### RECEIVE TERMS FROM LENDERS ## Compare Offers Once we’ve received terms from our select panel of lenders, We’ll inform you of the options you have and then you’ll let us know which offer to proceed with. ## 02 ## 03 ##### WE WILL PACKAGE YOUR APPLICATION ## Submit Documents Once you’ve selected the perfect lender, we’ll go ahead and package the application on your behalf, making it a seamless and easy process. We’ll then instruct valuation and legals on the same day. ##### FORMAL SUBMISSION ## Get your finance Once the case has been submitted and the valuation report is back the case will be formally offered and funds can be made available to drawdown, subject to the legal due diligence being complete – From start to finish, we can have deals ready in as little as 7 working days. ## 04 ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/loan.png "loan - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") [ Call Us Today & Get Started Now ](/contact-us/) **Tags:** Transparent Header --- ### [Bridging Loan Broker](https://www.hankzarihs.com/bridging-loan-broker/) **Published:** May 20, 2025 **Author:** Shiraz Khan **Content:** # Bridging Loan Broker . If you’re looking to purchase a property at auction – perhaps to refurbish, or to acquire the land to build upon – then you may need finance to complete the transaction. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### Lending up to 100% NET #### Minimum Term 01 Day #### Rates from 0.65% #### Approval time Minutes #### Towards build up to 100% #### Minimum loan £200k #### Maximum Laon £100M+ #### Valuation OMV #### Table of Contents A bridging loan is a type of short-term finance arrangement that is designed to “bridge the gap” between a purchase and a more long-term funding arrangement, such as the sale of a property that is part of a chain, or the arrangement of a longer-term finance arrangement, such as a mortgage. Bridging loans are typically used in situations where there is a delay between the purchase and the longer-term funding arrangement. ### What is a bridging loan? In essence, a bridging loan is frequently the preferred option when a property buyer wants to quickly access funds to acquire a house with the least amount of time, stress, and paperwork. Everyone from people wishing to assist a residential real estate transaction to developers and enterprises looking to manage huge and complicated commercial property portfolios utilise property bridging loans. This includes individuals, companies, trusts, and businesses. Depending on your situation, a property bridging financing company can recommend a different type of bridging loan, such as auction finance. Bridging loans can be used for a variety of purposes, including the purchase or renovation of a primary residence, second home, investment property, or commercial building. These loans are complex and sophisticated, so they should only be taken out by borrowers who are familiar with its characteristics, know exactly what they want to use the money for, and have a solid plan for how to get out of the loan in the end. ![Bridging finance for property that cant get mortgage](https://www.hankzarihs.com/wp-content/uploads/2025/05/bridging_finance_for_property_that_cant_get_mortgage-1024x685.jpg "bridging_finance_for_property_that_cant_get_mortgage - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") Borrowers should only employ property bridging loans if they have a clear strategy for repaying the loan before the redemption date. Otherwise, the loan can become exceedingly costly and hazardous (with this risk already priced into the higher monthly interest charge.) ### Bridging loan examples Property bridging loans are both specialist in nature and flexible in their application. The following examples illustrate how they can be used: - By an individual who wishes to buy a residential property whilst awaiting the sale of another to complete. - By a developer who wishes to refurbish or improve a property which is deemed to be unfit for human habitation and is currently ineligible for a standard mortgage. - By a company which buys properties at auction, and needs to secure rapid finance to secure the deal, whilst organising more long-term finance. H.Z.A ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Why choose us as your bridging finance broker? Our clients choose to work with Hank Zarihs Associates time and time again for a number of key reasons. These include: ### Access to the best rates We work with a respected panel of experienced lenders with a great track record in the field. This means that our clients gain access to the best rates and loan products from lenders that they can trust. ### Quick and Efficient We pride ourselves on offering a fast and efficient service. It takes just a few minutes for us to gather our initial information in order to gather quotes from interested development lenders for your finance. We can obtain your loan offers typically within the hour. Once you have chosen your preferred loan and wish to go ahead, it takes an average of 7 days to arrange your bridging loan, but we also work with lenders who can provide them on a faster basis. Need an immediate bridging loan? Call us today for a rapid solution. ### Access to the most loan products Most bridging loans simply aren’t available on the open market, as these are specialist products and many bridging finance companies prefer to go via brokers for the value-add role that they provide. If you are looking for bridging finance in the UK, then Hank Zarihs Associates can gain you access to the widest range of attractive loans, including deals that you wouldn’t find if you searched direct.. ### Apply for a bridging loan today! Whether you need a bridging loan to buy a property at auction, to bridge the financial gap between a residential or commercial property purchase and sale, or to give you time to renovate a property deemed unfit for habitation before you obtain a standard mortgage, our panel of lenders offers different types of bridging finance for all needs and objectives. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) ### Bridging loan calculator Looking for a bridging loan example? Our bridging loan calculator makes it easy to get an idea of how much your loan could cost. Simply add basic information into the online calculator fields to get an indication of how much your finance could cost. Our bridging loan calculator is available 24/7 to get an idea of the costs involved – but our team can work rapidly to get you a tailored illustration of the best deals currently available to you. ![Tag image](https://www.hankzarihs.com/wp-content/uploads/2025/04/tag-image.svg "tag-image - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### Why use a specialist auction loan broker? See which type of loan might be best for your needs: [ Schedule a Meeting Now ](#book-a-call-today) [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) ### Deposit Borrowers will need a deposit and around 25% is typical, although different lenders will have different requirements. The higher the LTV, the more expensive the loan is likely to be. Conversely, a bridging loan with a 50% LTV will typically attract an interest rate of between 0.43% to 0.55% a month (for a residential loan including light refurbishment – commercial loans tend to have higher interest rates.) Some lenders may offer a 100% bridging loan LTV if alternative collateral (security) can be provided – perhaps in the form of another property. ### Interest Rates A bridging loan is a form of short-term finance, designed to last for months rather than years. This means that it has a higher rate of interest than a standard mortgage, which is often set to last for around 25 years. Borrowers must be aware of the short-term nature of these deals and recognise that the interest rate is also illustrated on a monthly basis. Again, this differs from standard mortgages which are expressed in terms of annual interest rates (APRs). Expect to pay significantly more for your bridging loan on the basis that it is short in nature and designed to be rapidly repaid by a property sale, organisation of a longer-term, standard mortgage or another exit strategy. ### Short Term Finance Deal As we mentioned above, bridging finance is short-term in nature and will only be organised for a short, interim period – typically up to a maximum of 24 months. This means that it must be repaid at the agreed time, or it will become extremely expensive. These products are for experienced borrowers who understand the risks involved with short-term finance, and the costs involved. We gather all of our client’s bespoke bridging loan requirements to recommend only the most appropriate financial products for their needs. ### Exit Strategy Lenders will want to see a clear exit strategy before they extend an offer for bridging finance – especially for larger loans which may be needed to purchase commercial property or HMOs. The exit strategy could involve selling the property for cash which repays the loan or securing a more appropriate long-term mortgage on the property. It could also involve selling another form of security (such as another property for a developer with a portfolio.) Hank Zarihs Associates can help you to present your exit strategy as part of a compelling case, which makes lenders more likely to extend an offer of bridging finance at favourable terms ### Servicing interest Monthly repayments Typically, most applicants for a bridging loan will choose not to have monthly payments, although these can be serviced on a monthly basis like a regular mortgage. There are other options for servicing the interest portion for the loan, such as by having it discounted from the principal at the point of lending, or by rolling it up to pay at the point where the loan is repaid. Again, we can help you to find the most appropriate repayment schedule for your needs and exit strategy. ##### WE WILL FUND YOUR PROJECT! ## Book a Call Today Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - Appointments 7 days a week - From 7am till 10pm - No obligation - Terms issued within minutes - Friendly and experienced advisors - Ask all the questions you need! ## Bridging loan requirements Each lender will have its own requirements for offering bridging finance, especially as these deals can be very flexible in nature and for large sums (from around £250k up to £50 million and above.) All property bridging loans are likely to have these requirements, however: ### You will need to provide a deposit Property bridging finance companies will ask for a deposit which is likely to be around the 25% mark, although this can vary widely. The higher your deposit or equivalent equity, the lower the interest that you are likely to pay. ## An exit strategy The borrower will need to be able to evidence a clear exit strategy that will repay the bridging finance on the due date. We can help you to present your exit strategy and project information in the best possible way so that lenders can rapidly review it for quick bridging finance offers. ## A strong track record As mentioned previously, this type of loan is for experienced borrowers with a track record in the field, especially as the sums on offer can be very high indeed for large commercial projects. Bridging loans can easily be abused or used incorrectly – resulting in incredibly expensive situations where the loan continues beyond its redemption date, racking up interest and late-payment fees. We provide all the necessary information to our clients to make the best possible decision about the right type of finance for their project and needs. ## To get the best deals, use a broker! Most property bridging lenders prefer to work with a broker as it makes their processes faster and more efficient. A broker knows how to package up applications in the best possible way for lenders to review, and can smooth out the application process so that the bridging loan can be organised and completed in the shortest possible time. For this reason, most lenders will only offer their best rates via brokers. Hank Zarihs Associates works with an excellent panel of lenders to provide highly competitive rates and flexible bridging loans to our clients, with deals completing in a week on average (but with some lenders able to complete within three days, or even faster than this if the client requires speed as a priority. For instances where you require a bridging loan completion date within just a few days, please call us immediately to get the ball rolling.) ## We can help arrange financing No matter how complex, as a leading development finance broker, we can help you get a bridging loan! Contact us today on +44 (0) 20 3889 4403 to speak to our team from 9 am to 9 pm, Monday to Friday. Alternatively, we can call you back at a time that suits your schedule – if you prefer this, please complete the web callback form and we will get in touch to progress your bridging loan without delay. ##### WHAT IS BRIDGING FINANCE? ## Bridging Finance & How does it work? Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ What is bridging finance & how does it work? You may have heard about bridging loans in the context of property investment or moving house, but what exactly are they? Basically, [bridging finance](/fast-bridging-finance/) is a type of short-term loan that allows a buyer to purchase a property before their existing home or investment property is sold. As the name suggests, it ‘bridges’ the funding gap in the lag between purchase and sale – offering rapid access to the necessary purchase funds for a brief period of time. Borrowers can access from £5,000 to £250 million, depending on applicant status, the value of the property and other lender criteria. Higher lending amounts are typically reserved for borrowers who can put up several properties as security. Quotes are provided on a Loan to Value (LTV) of 65%-80% in most situations. What are the typical uses of bridging loans? Bridging loans can be used in a number of situations. For example: 1. When people are moving home in a chain, with a gap between completion dates (e.g. needing to pay for the new property before receiving funds on the completed old property). 2. When property investors or private buyers renovate a home and want a rapid sell-on. 3. When an individual is looking to buy a property at an auction. 4. When property investors and developers are looking to pay a tax bill 5. When buyers want to secure finance against an uninhabitable property. This type of finance can be used by homeowners, landlords and property developers alike. Are bridging loans a good idea? The bridging finance market has grown rapidly, with a number of small and focused lenders now on the market, catering for specialist property finance needs. The market has changed because large high-street lenders have become less willing (and sometimes less able) to lend ever since the financial crisis of 2008. As to whether a bridging loan for property development, auction purchase or private home buying is a good idea, it depends on a variety of factors. Bridging loan requirements vary by lender, but each will have certain common features that need to be considered. The most notable feature of this type of finance is that the interest rate is likely to be high. At the same time, there are typically high administration fees applied to the loan. Because of this, it is essential to proceed very carefully and with a full view of the facts. Borrowers have been burned by this type of loan in the past, in instances where transactions have fallen through, or where lenders have turned out to be unscrupulous and untrustworthy. What are the various pros and cons of bridging finance? Benefits of instant bridging loans 1\. Rapid access to money 2\. Ability to borrow large sums – often up to £250 million depending on applicant status 3\. Options for flexible borrowing. Possible downsides of bridging loans: 1\. Failure to understand the unique features of these loans can result in financial risk 2\. Bridging finance is secured against your property; meaning it can be sold if you can’t meet the repayment terms 3\. A costly option with fees and higher interest What is the interest rate on a bridging loan? Bridging finance interest rates will vary by lender. However, interest costs of 1.5% a month are not unusual, which can equate to an annual percentage rate of 18%. Fixed or variable rate? Bridging loans may have fixed or variable interest rate features. Fixed interest rates are ideal for customers who want stability, as they offer the same amount of interest for the duration of the term. The rate is pre-agreed, but there may be a premium for this security. The other choice is to have a variable rate bridging loan which can change with the base rate. However, you can save money if the base rate decreases. Borrowers who are less concerned about security sometimes prefer the variable rate option if they believe that the financial markets will travel in their favour. Knowledge and market insight is required here, along with a thorough understanding of personal risk tolerance. If interest rates appear to be rising, most customers will choose the fixed interest rate to lock it in and avoid further increases in the event of a base rate rise. Repaying interest on a bridging loan? Bridging loan periods tend to be for several months and there are usually different options for paying the interest portion. Monthly repayments The customer repays the interest every month as a separate payment, rather than adding it to the outstanding balance Rolled-up bridging finance deals The compound interest is calculated monthly but added to the outstanding loan balance and paid together when repayment is due. Retained interest The monthly interest payment due is covered up to a predefined date so that the full sum is only repaid when monies are due. Fees and other costs? As well as interest payments, there will be an arrangement fee for the set-up of the bridging loan, which is usually around 1-2%. A repayment fee for exit paperwork may also apply, along with valuation fees for the cost of the surveyor. How long can you have a bridging loan for? Remember, this type of finance is designed to be short-term. As soon as it extends beyond the agreed interim or bridging period, penalties can rapidly stack up. Typically, bridging finance is available for 1 – 18 months. Are there different types of bridging loan? Yes, there are two broad types: closed bridging finance and open bridging finance. With closed bridging finance you will tell the lender how you will repay the loan – with what funds and when. These loans usually complete within a few months and the clear exit plan is required as a lending condition. Open bridge finance won’t usually need this type of exit plan, and it is typically the loan of choice when funds are needed urgently to complete a property transaction. No detailed plan is needed to explain how the debt will be settled, and the finance tends to be offered for up to a year. Of course, it’s important to note that interest will keep being applied throughout this period. There are also first charge bridging loans and second charge bridging loans. If you have a loan against a property which is already mortgaged, you’d take out a second charge loan. An example of this would be if you were planning to finance a property extension to improve the property. The categorisation tells the lenders who will have legal priority for repayment if the loan was unable to be paid off at the term-end. First charge loans apply if the new loan is the first secured on the property. Can I get a bridging loan? Bridging loan requirements will depend on the lender. Often, lenders will require that: Customers must also take out their property mortgage with them too, providing the bridge finance as an interim measure before the standard mortgage comes into play. Property is put forward as security against the loan. Some lenders expect applicants to have more than one property in order to be eligible for their bridging finance products, but this will depend on the lender and the size of the loan. Applicants show proof of income – although, interestingly, as loan interest isn’t repaid monthly, some lenders do not request this. The applicant shows evidence of their property investment track record if they are planning to develop their purchased property. The applicant can show a business plan if they are using the bridging loan for commercial purposes. What are the alternatives to bridging loans? Development loans are another type of short-term property development loan. They are repaid in stages and calculated on the gross value of the development. Personal loans are another option, as are remortgages when timescales are more flexible and a long-term loan is desirable. Tips for success when applying for instant bridging loans? Use a bridge loan calculator Ask for your lender to provide a tailored bridge finance example or illustration around your particular borrowing needs. Think carefully about the type of bridging loan that you need – whether open bridge finance or closed bridge finance. Know whether the loan is a first or second charge type. Clarify whether the interest rate is fixed or variable. Review products from several lenders. Be clear on your security. Read the small print! Who provides bridging finance? Bridging loans are offered by banks, building societies, specialist lenders and brokers. They aren’t widely advertised and usually require a direct application by the customer to find out the product features and offers. Once you have made an application, a decision will usually be made within 24 hours. The funds then will take around two weeks to be issued, including time for checks to be carried out, the valuation and the actual transfer. Keen to find out more? Hank Zarihs are highly experienced and specialist financial intermediaries operating in the property development market. We work with a tried and tested panel of over 60 trusted lenders and can provide excellent bridging finance with attractive features. Contact us to find out more. ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Your Success, Our Story [ ![Trustpilot](https://www.hankzarihs.com/wp-content/uploads/2024/09/Trustpilot.png "Trustpilot - Bridging and Development Finance Solutions")](https://uk.trustpilot.com/review/hankzarihs.com) [ ![Google r](https://www.hankzarihs.com/wp-content/uploads/2025/04/Google-r-1024x524.png "Google-r - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### 600+ ##### HAPPY CLIENTS #### £1B+ ##### DEALS FUNDED ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! [ Check out our Case Studies ](/case-studies/) ##### AREAS WE COVER ## Areas We Have Helped Clients for Auction Finance Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - [ Birmingham ](/birmingham/) - [ Bournemouth ](/bournemouth/) - [ Brighton ](/brighton/) - [ Bristol ](/bristol/) - [ Cardiff ](/cardiff/) - [ Coventry ](/coventry/) - [ Derby ](/derby/) - [ Edinburgh ](/edinburgh/) - [ Glasgow ](/glasgow/) - [ Leeds ](/leeds/) - [ Leicester ](/leicester/) - [ Liverpool ](/liverpool/) - [ London ](/london/) - [ Manchester ](/manchester/) - [ Middlesbrough ](/middlesbrough/) - [ Newcastle ](/newcastle/) - [ Northampton ](/northampton/) - [ Poole ](/poole/) - [ Portsmouth ](/portsmouth/) - [ Plymouth ](/plymouth/) - [ Reading ](/reading/) - [ Sheffield ](/sheffield/) - [ Southampton ](/southampton/) - [ Stoke ](/stoke/) - [ Wolverhampton ](/wolverhampton/) **Tags:** Transparent Header --- ### [Unsubscribe Now](https://www.hankzarihs.com/unsubscribe-now/) **Published:** February 3, 2026 **Author:** Shiraz Khan **Content:** --- ### [Case Studies](https://www.hankzarihs.com/case-studies/) **Published:** April 22, 2025 **Author:** Shiraz Khan **Content:** # Case Studies . Discover how Hank Zarihs Associates has helped clients secure tailored financial solutions for property investments and developments. From urgent bridging loans to large-scale development financing, our case studies highlight success stories that showcase speed, expertise, and client-focused outcomes. [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) - All Case Studies - Auction Finance - Bridging Finance - Development Finance - Buy-to-Let - HMO - Mortgage Finance ![23M DEBT](https://www.hankzarihs.com/wp-content/uploads/2026/04/23M-DEBT.jpeg "£23M DEBT - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Turn around within](https://www.hankzarihs.com/wp-content/uploads/2025/04/Turn-around-within.svg "Turn around within - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [£23M DEBT | £33M GDV | 112 UNITS | UXBRIDGE](https://www.hankzarihs.com/case_studies/23m-debt-33m-gdv-112-units-uxbridge/) Waterside & Riverview, a transaction that demanded full control from start to finish..... FINANCE RAISED £23M LTV [ ](https://www.hankzarihs.com/case_studies/23m-debt-33m-gdv-112-units-uxbridge/) ![Breaking new ground](https://www.hankzarihs.com/wp-content/uploads/2026/01/Breaking-new-ground-819x1024.jpeg "Breaking new ground - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Turn around within](https://www.hankzarihs.com/wp-content/uploads/2025/04/Turn-around-within.svg "Turn around within - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [New Ground in retail financing](https://www.hankzarihs.com/case_studies/new-ground-in-retail-financing/) Breaking new ground in retail financing! At Hank Zarihs Associates, we’ve successfully restructured £25M in FINANCE RAISED £25M [ ](https://www.hankzarihs.com/case_studies/new-ground-in-retail-financing/) ![1758274955481](https://www.hankzarihs.com/wp-content/uploads/2025/09/1758274955481-1024x1024.jpeg "1758274955481 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Noun auction hammer](https://www.hankzarihs.com/wp-content/uploads/2025/04/noun-auction-hammer.svg "noun-auction-hammer - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [When 95% of lenders said no, we found a way to make it happen](https://www.hankzarihs.com/case_studies/when-95-of-lenders-said-no-we-found-a-way-to-make-it-happen/) When 95% of lenders said no, we found a way to make it happen. Back FINANCE RAISED £10.8m [ ](https://www.hankzarihs.com/case_studies/when-95-of-lenders-said-no-we-found-a-way-to-make-it-happen/) ![Office building converted into 109 flats scaled 1](https://www.hankzarihs.com/wp-content/uploads/2021/10/office_building_converted_into_109_flats-scaled-1-1024x967.jpg "office_building_converted_into_109_flats-scaled - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Lending up to](https://www.hankzarihs.com/wp-content/uploads/2025/04/Lending-up-to.svg "Lending up to - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Newbury Office to 109 Flats Conversion](https://www.hankzarihs.com/case_studies/office-in-newbury-converted-into-109-high-quality-flats-under-pd/) What was needed? Our client was using a Special Purpose Vehicle, a specialist type of FINANCE RAISED £13,200,000 LTV 60% RATE 4.2% [ ](https://www.hankzarihs.com/case_studies/office-in-newbury-converted-into-109-high-quality-flats-under-pd/) ![12](https://www.hankzarihs.com/wp-content/uploads/2026/05/12-1024x1024.jpeg "12 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Turn around within](https://www.hankzarihs.com/wp-content/uploads/2025/04/Turn-around-within.svg "Turn around within - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Sharia Compliant Bridging Finance](https://www.hankzarihs.com/case_studies/sharia-compliant-bridging-finance/) Sharia Compliant Bridging Finance is gaining traction as a viable solution for..... FINANCE RAISED £815,750 LTV [ ](https://www.hankzarihs.com/case_studies/sharia-compliant-bridging-finance/) ![Sharia Compliant Finance](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sharia-Compliant-Finance.jpeg "Sharia Compliant Finance - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Turn around within](https://www.hankzarihs.com/wp-content/uploads/2025/04/Turn-around-within.svg "Turn around within - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Sharia Compliant Finance. Structured. Delivered](https://www.hankzarihs.com/case_studies/sharia-compliant-finance-structured-delivered/) At Hank Zarihs Associates, we specialize in not just accessing Sharia compliant funding, but also FINANCE RAISED £1.63M+ LTV [ ](https://www.hankzarihs.com/case_studies/sharia-compliant-finance-structured-delivered/) ![Completed in just 7 days](https://www.hankzarihs.com/wp-content/uploads/2026/04/completed-in-just-7-days.jpeg "completed in just 7 days - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Turn around within](https://www.hankzarihs.com/wp-content/uploads/2025/04/Turn-around-within.svg "Turn around within - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Completed in just 7 days, 1st charge bridging](https://www.hankzarihs.com/case_studies/completed-in-just-7-days-1st-charge-bridging/) This 1st charge bridging facility was structured and completed in just 7 days, with no FINANCE RAISED £425,000 LTV [ ](https://www.hankzarihs.com/case_studies/completed-in-just-7-days-1st-charge-bridging/) ![583 MILLION DEVELOPMENT FACILITY DELIVERED](https://www.hankzarihs.com/wp-content/uploads/2026/03/583-MILLION-DEVELOPMENT-FACILITY-DELIVERED.jpeg "£583 MILLION DEVELOPMENT FACILITY DELIVERED - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Turn around within](https://www.hankzarihs.com/wp-content/uploads/2025/04/Turn-around-within.svg "Turn around within - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [£5.83 MILLION DEVELOPMENT FACILITY DELIVERED](https://www.hankzarihs.com/case_studies/5-83-million-development-facility-delivered/) Hank Zarihs Associates has successfully structured and delivered funding for the conversion of a four-storey... FINANCE RAISED £5.83 M LTV [ ](https://www.hankzarihs.com/case_studies/5-83-million-development-facility-delivered/) ![Buy to Let term loan refinance](https://www.hankzarihs.com/wp-content/uploads/2026/03/Buy-to-Let-term-loan-refinance-1024x1024.jpeg "Buy to Let term loan refinance - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Turn around within](https://www.hankzarihs.com/wp-content/uploads/2025/04/Turn-around-within.svg "Turn around within - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Buy to Let term loan refinance](https://www.hankzarihs.com/case_studies/buy-to-let-term-loan-refinance/) Another successful completion delivered by the team at Hank Zarihs Associates. FINANCE RAISED £290,875 LTV 75% [ ](https://www.hankzarihs.com/case_studies/buy-to-let-term-loan-refinance/) ![63M Completed](https://www.hankzarihs.com/wp-content/uploads/2026/03/63M-Completed.jpeg "£63M Completed - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Turn around within](https://www.hankzarihs.com/wp-content/uploads/2025/04/Turn-around-within.svg "Turn around within - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [£6.3M. Completed](https://www.hankzarihs.com/case_studies/6-3m-completed/) Another full lifecycle transaction successfully delivered by Hank Zarihs Associates. FINANCE RAISED £6.3M LTV 70% [ ](https://www.hankzarihs.com/case_studies/6-3m-completed/) ![Another major development finance completion for Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2026/02/Another-major-development-finance-completion-for-Hank-Zarihs-Associates.jpeg "Another major development finance completion for Hank Zarihs Associates - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Turn around within](https://www.hankzarihs.com/wp-content/uploads/2025/04/Turn-around-within.svg "Turn around within - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Another major development finance completion for Hank Zarihs Associates.](https://www.hankzarihs.com/case_studies/another-major-development-finance-completion-for-hank-zarihs-associates/) We are proud to announce the successful delivery of a £4.78 million gross development facility FINANCE RAISED £4.78 M [ ](https://www.hankzarihs.com/case_studies/another-major-development-finance-completion-for-hank-zarihs-associates/) ![Kicking Off 2026 in Style](https://www.hankzarihs.com/wp-content/uploads/2026/01/Kicking-Off-2026-in-Style.jpeg "Kicking Off 2026 in Style - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Turn around within](https://www.hankzarihs.com/wp-content/uploads/2025/04/Turn-around-within.svg "Turn around within - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Kicking Off 2026 in Style | First Buy to Let Refinance Completed](https://www.hankzarihs.com/case_studies/kicking-off-2026-in-style-first-buy-to-let-refinance-completed/) We’re thrilled to start the new year strong at Hank Zarihs Associates with our first FINANCE RAISED £276,075 LTV 75% [ ](https://www.hankzarihs.com/case_studies/kicking-off-2026-in-style-first-buy-to-let-refinance-completed/) ![Another deal done fast](https://www.hankzarihs.com/wp-content/uploads/2026/01/Another-deal-done-fast.jpeg "Another deal done - fast - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Turn around within](https://www.hankzarihs.com/wp-content/uploads/2025/04/Turn-around-within.svg "Turn around within - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Another deal done – fast.](https://www.hankzarihs.com/case_studies/another-deal-done-fast/) We’ve just completed a £1.36M bridging loan at 80% LTV for a 6-flat. From start FINANCE RAISED £1.36M LTV 80% [ ](https://www.hankzarihs.com/case_studies/another-deal-done-fast/) ![Another loan completed another client empowered to build more](https://www.hankzarihs.com/wp-content/uploads/2026/01/Another-loan-completed-another-client-empowered-to-build-more-1024x1024.jpeg "Another loan completed another client empowered to build more - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Turn around within](https://www.hankzarihs.com/wp-content/uploads/2025/04/Turn-around-within.svg "Turn around within - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Another loan completed, another client empowered to build more.](https://www.hankzarihs.com/case_studies/another-loan-completed-another-client-empowered-to-build-more/) At Hank Zarihs Associates, we don’t just fund projects, we unlock potential. FINANCE RAISED £1,72M [ ](https://www.hankzarihs.com/case_studies/another-loan-completed-another-client-empowered-to-build-more/) ![63M FUNDED 11M VISION UNLOCKED](https://www.hankzarihs.com/wp-content/uploads/2026/01/63M-FUNDED-11M-VISION-UNLOCKED-1024x1024.jpeg "£63M FUNDED £11M VISION UNLOCKED - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Turn around within](https://www.hankzarihs.com/wp-content/uploads/2025/04/Turn-around-within.svg "Turn around within - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [£6.3M FUNDED. £11M VISION UNLOCKED.](https://www.hankzarihs.com/case_studies/6-3m-funded-11m-vision-unlocked/) A powerhouse deal now COMPLETED for our existing client, turning a commercial site into a FINANCE RAISED £6.3M [ ](https://www.hankzarihs.com/case_studies/6-3m-funded-11m-vision-unlocked/) ![Another Deal Completed](https://www.hankzarihs.com/wp-content/uploads/2026/01/Another-Deal-Completed-1024x1024.jpeg "Another Deal Completed - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Turn around within](https://www.hankzarihs.com/wp-content/uploads/2025/04/Turn-around-within.svg "Turn around within - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Another Deal Completed: Development/Refurbishment Loan Secured](https://www.hankzarihs.com/case_studies/another-deal-completed-development-refurbishment-loan-secured/) We’re proud to announce the successful completion of a £352,000 Bridging Loan for a light FINANCE RAISED £352,000 [ ](https://www.hankzarihs.com/case_studies/another-deal-completed-development-refurbishment-loan-secured/) Page1[Page2](https://www.hankzarihs.com/case-studies/2/?doing_wp_cron=1784065159.5615110397338867187500)[Page3](https://www.hankzarihs.com/case-studies/3/?doing_wp_cron=1784065159.5615110397338867187500)[Page4](https://www.hankzarihs.com/case-studies/4/?doing_wp_cron=1784065159.5615110397338867187500) ![Breaking new ground](https://www.hankzarihs.com/wp-content/uploads/2026/01/Breaking-new-ground-819x1024.jpeg "Breaking new ground - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Turn around within](https://www.hankzarihs.com/wp-content/uploads/2025/04/Turn-around-within.svg "Turn around within - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [New Ground in retail financing](https://www.hankzarihs.com/case_studies/new-ground-in-retail-financing/) Breaking new ground in retail financing! At Hank Zarihs Associates, we’ve successfully restructured £25M in FINANCE RAISED £25M [ ](https://www.hankzarihs.com/case_studies/new-ground-in-retail-financing/) ![Derilict property gets bridging facility](https://www.hankzarihs.com/wp-content/uploads/2021/11/derilict_property_gets_bridging_facility-1024x1024.jpg "derilict_property_gets_bridging_facility - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Noun auction hammer](https://www.hankzarihs.com/wp-content/uploads/2025/04/noun-auction-hammer.svg "noun-auction-hammer - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Lender Pullls Out of Deal – Urgent 75% Bridging Loan Arranged in 10 Days](https://www.hankzarihs.com/case_studies/lender-pullls-out-of-deal-urgent-75-bridging-loan-arranged-in-10-days/) What was needed? Our client in London purchased a property at auction, a 3 bedroom FINANCE RAISED £375,000 LTV 75% RATE 6% [ ](https://www.hankzarihs.com/case_studies/lender-pullls-out-of-deal-urgent-75-bridging-loan-arranged-in-10-days/) ![Cs 1](https://www.hankzarihs.com/wp-content/uploads/2025/04/cs-1.png "cs-1 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Noun auction hammer](https://www.hankzarihs.com/wp-content/uploads/2025/04/noun-auction-hammer.svg "noun-auction-hammer - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [75% Auction Purchase Bridging Loan](https://www.hankzarihs.com/case_studies/manchester-auction-purchase-bridging-loan/) What was needed? Our client purchased an undervalued property based in Manchester at auction. Our FINANCE RAISED £100,000 LTV 75% RATE 0.95% [ ](https://www.hankzarihs.com/case_studies/manchester-auction-purchase-bridging-loan/) ![Derilict property gets bridging facility](https://www.hankzarihs.com/wp-content/uploads/2021/11/derilict_property_gets_bridging_facility-1024x1024.jpg "derilict_property_gets_bridging_facility - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Turn around within](https://www.hankzarihs.com/wp-content/uploads/2025/04/Turn-around-within.svg "Turn around within - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Lender Drops Deal – Urgent 75% Loan in 10 Days](https://www.hankzarihs.com/case_studies/lender-pulls-out-of-deal-bridging-facility-arranged-in-ten-days/) What was needed? Our client in London purchased a property at auction, a 3 bedroom FINANCE RAISED £375,000 LTV 75% RATE 6% [ ](https://www.hankzarihs.com/case_studies/lender-pulls-out-of-deal-bridging-facility-arranged-in-ten-days/) ![Pd conversion of office block into 114 flats in reading scaled 1](https://www.hankzarihs.com/wp-content/uploads/2021/10/pd_conversion_of_office_block_into_114_flats_in_reading-scaled-1-1024x577.jpg "pd_conversion_of_office_block_into_114_flats_in_reading-scaled - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Noun auction hammer](https://www.hankzarihs.com/wp-content/uploads/2025/04/noun-auction-hammer.svg "noun-auction-hammer - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [PD Conversion of Office Block into 114 Flats in Reading](https://www.hankzarihs.com/case_studies/pd-conversion-of-office-block-in-reading-into-114-flats/) What was needed? Our client was looking to purchase an office building in Reading in FINANCE RAISED £8,000,000 LTV 60% RATE 4.25% [ ](https://www.hankzarihs.com/case_studies/pd-conversion-of-office-block-in-reading-into-114-flats/) ![75 buy to let finance arranged for a property developer](https://www.hankzarihs.com/wp-content/uploads/2021/10/75_buy_to_let_finance_arranged_for_a_property_developer-1024x682.jpg "75_buy_to_let_finance_arranged_for_a_property_developer - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Rates from](https://www.hankzarihs.com/wp-content/uploads/2025/04/Rates-from.svg "Rates from - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Property Developer’s Buy-To-Let Finance](https://www.hankzarihs.com/case_studies/buy-to-let-finance-arranged-for-property-developer/) What was needed? Our client needed a longer term finance arrangement for some unsold properties FINANCE RAISED £1,875,000 LTV 75% RATE 3.95% PA [ ](https://www.hankzarihs.com/case_studies/buy-to-let-finance-arranged-for-property-developer/) ![Refinance of unsold apartments and freehold from development scaled 1200x1800 1](https://www.hankzarihs.com/wp-content/uploads/2021/10/refinance_of_unsold_apartments_and_freehold_from_development-scaled-1200x1800-1-683x1024.jpg "refinance_of_unsold_apartments_and_freehold_from_development-scaled-1200x1800 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Noun auction hammer](https://www.hankzarihs.com/wp-content/uploads/2025/04/noun-auction-hammer.svg "noun-auction-hammer - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Property Refinance: 5 Apartments & Freehold](https://www.hankzarihs.com/case_studies/refinance-of-5-unsold-apartments-freehold-semi-commercial-development/) What was needed? Our client in Surbiton needed to re-arrange their finance when they weren’t FINANCE RAISED £2,400,000 LTV 75% RATE 0.6% [ ](https://www.hankzarihs.com/case_studies/refinance-of-5-unsold-apartments-freehold-semi-commercial-development/) ![Large development finance loan used to convert office block into 50 residential units scaled 1200x1800 1](https://www.hankzarihs.com/wp-content/uploads/2021/10/large_development_finance_loan_used_to_convert_office_block_into_50_residential_units-scaled-1200x1800-1-683x1024.jpg "large_development_finance_loan_used_to_convert_office_block_into_50_residential_units-scaled-1200x1800 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Turn around within](https://www.hankzarihs.com/wp-content/uploads/2025/04/Turn-around-within.svg "Turn around within - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Office to Residential Conversion with Development Finance](https://www.hankzarihs.com/case_studies/large-development-loan-used-to-convert-office-block-into-residential-units/) What was needed? Our client needed to borrow a substantial amount in order to redeem LTV 66% RATE 6.5% [ ](https://www.hankzarihs.com/case_studies/large-development-loan-used-to-convert-office-block-into-residential-units/) ![Client converted office block into 50 apartments scaled 1229x1536 1](https://www.hankzarihs.com/wp-content/uploads/2021/10/client_converted_office_block_into_50_apartments-scaled-1229x1536-1-819x1024.jpg "client_converted_office_block_into_50_apartments-scaled-1229x1536 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Valuation](https://www.hankzarihs.com/wp-content/uploads/2025/04/Valuation.svg "Valuation - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Converting Office Block into 50 Apartments](https://www.hankzarihs.com/case_studies/development-finance-to-convert-office-apartment-into-50-apartments/) What was needed? Our client was looking to purchase an office block that they intended FINANCE RAISED £2,799,922 LTV 53% RATE 0.75% [ ](https://www.hankzarihs.com/case_studies/development-finance-to-convert-office-apartment-into-50-apartments/) ![Refinance property to raise capital for property development 1536x1024 1](https://www.hankzarihs.com/wp-content/uploads/2021/10/refinance_property_to_raise_capital_for_property_development-1536x1024-1-1024x683.jpg "refinance_property_to_raise_capital_for_property_development-1536x1024 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Lending up to](https://www.hankzarihs.com/wp-content/uploads/2025/04/Lending-up-to.svg "Lending up to - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Refinance Property To Raise Capital For Development](https://www.hankzarihs.com/case_studies/refinance-property-to-raise-capital-for-property-development/) What was needed? Our client, based in London, needed to refinance their property in order FINANCE RAISED £650,000 LTV 75% RATE 7.5% [ ](https://www.hankzarihs.com/case_studies/refinance-property-to-raise-capital-for-property-development/) ![Breaking new ground](https://www.hankzarihs.com/wp-content/uploads/2026/01/Breaking-new-ground-819x1024.jpeg "Breaking new ground - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Turn around within](https://www.hankzarihs.com/wp-content/uploads/2025/04/Turn-around-within.svg "Turn around within - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [New Ground in retail financing](https://www.hankzarihs.com/case_studies/new-ground-in-retail-financing/) Breaking new ground in retail financing! At Hank Zarihs Associates, we’ve successfully restructured £25M in FINANCE RAISED £25M [ ](https://www.hankzarihs.com/case_studies/new-ground-in-retail-financing/) ![1758274955481](https://www.hankzarihs.com/wp-content/uploads/2025/09/1758274955481-1024x1024.jpeg "1758274955481 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Noun auction hammer](https://www.hankzarihs.com/wp-content/uploads/2025/04/noun-auction-hammer.svg "noun-auction-hammer - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [When 95% of lenders said no, we found a way to make it happen](https://www.hankzarihs.com/case_studies/when-95-of-lenders-said-no-we-found-a-way-to-make-it-happen/) When 95% of lenders said no, we found a way to make it happen. Back FINANCE RAISED £10.8m [ ](https://www.hankzarihs.com/case_studies/when-95-of-lenders-said-no-we-found-a-way-to-make-it-happen/) ![12](https://www.hankzarihs.com/wp-content/uploads/2026/05/12-1024x1024.jpeg "12 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Turn around within](https://www.hankzarihs.com/wp-content/uploads/2025/04/Turn-around-within.svg "Turn around within - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Sharia Compliant Bridging Finance](https://www.hankzarihs.com/case_studies/sharia-compliant-bridging-finance/) Sharia Compliant Bridging Finance is gaining traction as a viable solution for..... FINANCE RAISED £815,750 LTV [ ](https://www.hankzarihs.com/case_studies/sharia-compliant-bridging-finance/) ![Another deal done fast](https://www.hankzarihs.com/wp-content/uploads/2026/01/Another-deal-done-fast.jpeg "Another deal done - fast - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Turn around within](https://www.hankzarihs.com/wp-content/uploads/2025/04/Turn-around-within.svg "Turn around within - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Another deal done – fast.](https://www.hankzarihs.com/case_studies/another-deal-done-fast/) We’ve just completed a £1.36M bridging loan at 80% LTV for a 6-flat. From start FINANCE RAISED £1.36M LTV 80% [ ](https://www.hankzarihs.com/case_studies/another-deal-done-fast/) ![Another loan completed another client empowered to build more](https://www.hankzarihs.com/wp-content/uploads/2026/01/Another-loan-completed-another-client-empowered-to-build-more-1024x1024.jpeg "Another loan completed another client empowered to build more - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Turn around within](https://www.hankzarihs.com/wp-content/uploads/2025/04/Turn-around-within.svg "Turn around within - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Another loan completed, another client empowered to build more.](https://www.hankzarihs.com/case_studies/another-loan-completed-another-client-empowered-to-build-more/) At Hank Zarihs Associates, we don’t just fund projects, we unlock potential. FINANCE RAISED £1,72M [ ](https://www.hankzarihs.com/case_studies/another-loan-completed-another-client-empowered-to-build-more/) ![Another Deal Completed](https://www.hankzarihs.com/wp-content/uploads/2026/01/Another-Deal-Completed-1024x1024.jpeg "Another Deal Completed - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Turn around within](https://www.hankzarihs.com/wp-content/uploads/2025/04/Turn-around-within.svg "Turn around within - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Another Deal Completed: Development/Refurbishment Loan Secured](https://www.hankzarihs.com/case_studies/another-deal-completed-development-refurbishment-loan-secured/) We’re proud to announce the successful completion of a £352,000 Bridging Loan for a light FINANCE RAISED £352,000 [ ](https://www.hankzarihs.com/case_studies/another-deal-completed-development-refurbishment-loan-secured/) ![From offer to completion 10 deals 7days no compromises](https://www.hankzarihs.com/wp-content/uploads/2026/01/From-offer-to-completion-10-deals-7days-no-compromises-1024x1024.jpeg "From offer to completion 10 deals 7days no compromises - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Turn around within](https://www.hankzarihs.com/wp-content/uploads/2025/04/Turn-around-within.svg "Turn around within - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [From offer to completion 10 deals, 7days, no compromises.](https://www.hankzarihs.com/case_studies/from-offer-to-completion-10-deals-7days-no-compromises/) In just 7 days, our Senior Case Manager Janelle Baffa completed 10 property finance deals FINANCE RAISED £7.2M [ ](https://www.hankzarihs.com/case_studies/from-offer-to-completion-10-deals-7days-no-compromises/) ![Bridge Secured Deadline Beaten](https://www.hankzarihs.com/wp-content/uploads/2026/01/Bridge-Secured-Deadline-Beaten-1024x1024.jpeg "Bridge Secured Deadline Beaten - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Turn around within](https://www.hankzarihs.com/wp-content/uploads/2025/04/Turn-around-within.svg "Turn around within - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Bridge Secured. Deadline Beaten.](https://www.hankzarihs.com/case_studies/bridge-secured-deadline-beaten/) A loyal client reached out while already in their notice period, with less than three FINANCE RAISED £680,000 [ ](https://www.hankzarihs.com/case_studies/bridge-secured-deadline-beaten/) ![When Expertise Meets Execution 57 Million Funded in One Week](https://www.hankzarihs.com/wp-content/uploads/2026/01/When-Expertise-Meets-Execution-57-Million-Funded-in-One-Week.jpeg "When Expertise Meets Execution - £57 Million Funded in One Week - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Turn around within](https://www.hankzarihs.com/wp-content/uploads/2025/04/Turn-around-within.svg "Turn around within - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [When Expertise Meets Execution – £5.7 Million Funded in One Week!](https://www.hankzarihs.com/case_studies/when-expertise-meets-execution-5-7-million-funded-in-one-week/) An incredible performance by our Head of Underwriting, Janelle Baffa, who completed 6 loan completions FINANCE RAISED £5.7 Million [ ](https://www.hankzarihs.com/case_studies/when-expertise-meets-execution-5-7-million-funded-in-one-week/) ![1763119458614](https://www.hankzarihs.com/wp-content/uploads/2025/12/1763119458614.jpeg "1763119458614 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Turn around within](https://www.hankzarihs.com/wp-content/uploads/2025/04/Turn-around-within.svg "Turn around within - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Development Funding to a Seamless Refinance](https://www.hankzarihs.com/case_studies/development-funding-to-a-seamless-refinance/) From Development Funding to a Seamless Refinance — Another Full Circle Success Delivered by Hank FINANCE RAISED £1.939m [ ](https://www.hankzarihs.com/case_studies/development-funding-to-a-seamless-refinance/) ![1764329423950](https://www.hankzarihs.com/wp-content/uploads/2025/12/1764329423950.jpeg "1764329423950 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Turn around within](https://www.hankzarihs.com/wp-content/uploads/2025/04/Turn-around-within.svg "Turn around within - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Deal Completed, £1,603,440 Bridging Facility Secured](https://www.hankzarihs.com/case_studies/deal-completed-1603440-bridging-facility-secured/) Hank Zarihs Associates is pleased to announce the successful completion of a £1,603,440 fixed-rate bridging FINANCE RAISED £1,603,440 [ ](https://www.hankzarihs.com/case_studies/deal-completed-1603440-bridging-facility-secured/) ![1761914372143](https://www.hankzarihs.com/wp-content/uploads/2025/11/1761914372143-788x1024.jpeg "1761914372143 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Turn around within](https://www.hankzarihs.com/wp-content/uploads/2025/04/Turn-around-within.svg "Turn around within - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Offer to Completion in Just 2 Days!](https://www.hankzarihs.com/case_studies/offer-to-completion-in-just-2-days/) A huge achievement for the Hank Zarihs Associates team, completing a £2,155,790 Buy-to-Let refinance on FINANCE RAISED £2,155,790 [ ](https://www.hankzarihs.com/case_studies/offer-to-completion-in-just-2-days/) ![1761057232763](https://www.hankzarihs.com/wp-content/uploads/2025/10/1761057232763.jpg "1761057232763 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Lending up to](https://www.hankzarihs.com/wp-content/uploads/2025/04/Lending-up-to.svg "Lending up to - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Deal Completed – What a Journey!](https://www.hankzarihs.com/case_studies/deal-completed-what-a-journey/) We’re excited to announce the successful completion of a £816,000 1st Charge Bridging Loan for FINANCE RAISED £816K LTV 60% [ ](https://www.hankzarihs.com/case_studies/deal-completed-what-a-journey/) ![1760697369487](https://www.hankzarihs.com/wp-content/uploads/2025/10/1760697369487-1024x1024.jpg "1760697369487 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Lending up to](https://www.hankzarihs.com/wp-content/uploads/2025/04/Lending-up-to.svg "Lending up to - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Deal Completed | £1.65M Sharia-Compliant Bridge Loan](https://www.hankzarihs.com/case_studies/deal-completed-1-65m-sharia-compliant-bridge-loan/) At Hank Zarihs Associates, we complete every complex loan, no matter how challenging. FINANCE RAISED £1.65M [ ](https://www.hankzarihs.com/case_studies/deal-completed-1-65m-sharia-compliant-bridge-loan/) ![1757503209688](https://www.hankzarihs.com/wp-content/uploads/2025/10/1757503209688.jpeg "1757503209688 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Lending up to](https://www.hankzarihs.com/wp-content/uploads/2025/04/Lending-up-to.svg "Lending up to - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Celebrating a £6.75 Million Milestone](https://www.hankzarihs.com/case_studies/celebrating-a-6-75-million-milestone/) At Hank Zarihs Associates, we don’t just arrange finance, we deliver solutions that transform possibilities FINANCE RAISED £6.75m [ ](https://www.hankzarihs.com/case_studies/celebrating-a-6-75-million-milestone/) ![Derilict property gets bridging facility](https://www.hankzarihs.com/wp-content/uploads/2021/11/derilict_property_gets_bridging_facility-1024x1024.jpg "derilict_property_gets_bridging_facility - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Noun auction hammer](https://www.hankzarihs.com/wp-content/uploads/2025/04/noun-auction-hammer.svg "noun-auction-hammer - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Lender Pullls Out of Deal – Urgent 75% Bridging Loan Arranged in 10 Days](https://www.hankzarihs.com/case_studies/lender-pullls-out-of-deal-urgent-75-bridging-loan-arranged-in-10-days/) What was needed? Our client in London purchased a property at auction, a 3 bedroom FINANCE RAISED £375,000 LTV 75% RATE 6% [ ](https://www.hankzarihs.com/case_studies/lender-pullls-out-of-deal-urgent-75-bridging-loan-arranged-in-10-days/) ![23M DEBT](https://www.hankzarihs.com/wp-content/uploads/2026/04/23M-DEBT.jpeg "£23M DEBT - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Turn around within](https://www.hankzarihs.com/wp-content/uploads/2025/04/Turn-around-within.svg "Turn around within - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [£23M DEBT | £33M GDV | 112 UNITS | UXBRIDGE](https://www.hankzarihs.com/case_studies/23m-debt-33m-gdv-112-units-uxbridge/) Waterside & Riverview, a transaction that demanded full control from start to finish..... FINANCE RAISED £23M LTV [ ](https://www.hankzarihs.com/case_studies/23m-debt-33m-gdv-112-units-uxbridge/) ![Breaking new ground](https://www.hankzarihs.com/wp-content/uploads/2026/01/Breaking-new-ground-819x1024.jpeg "Breaking new ground - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Turn around within](https://www.hankzarihs.com/wp-content/uploads/2025/04/Turn-around-within.svg "Turn around within - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [New Ground in retail financing](https://www.hankzarihs.com/case_studies/new-ground-in-retail-financing/) Breaking new ground in retail financing! At Hank Zarihs Associates, we’ve successfully restructured £25M in FINANCE RAISED £25M [ ](https://www.hankzarihs.com/case_studies/new-ground-in-retail-financing/) ![Sharia Compliant Finance](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sharia-Compliant-Finance.jpeg "Sharia Compliant Finance - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Turn around within](https://www.hankzarihs.com/wp-content/uploads/2025/04/Turn-around-within.svg "Turn around within - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Sharia Compliant Finance. Structured. Delivered](https://www.hankzarihs.com/case_studies/sharia-compliant-finance-structured-delivered/) At Hank Zarihs Associates, we specialize in not just accessing Sharia compliant funding, but also FINANCE RAISED £1.63M+ LTV [ ](https://www.hankzarihs.com/case_studies/sharia-compliant-finance-structured-delivered/) ![Completed in just 7 days](https://www.hankzarihs.com/wp-content/uploads/2026/04/completed-in-just-7-days.jpeg "completed in just 7 days - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Turn around within](https://www.hankzarihs.com/wp-content/uploads/2025/04/Turn-around-within.svg "Turn around within - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Completed in just 7 days, 1st charge bridging](https://www.hankzarihs.com/case_studies/completed-in-just-7-days-1st-charge-bridging/) This 1st charge bridging facility was structured and completed in just 7 days, with no FINANCE RAISED £425,000 LTV [ ](https://www.hankzarihs.com/case_studies/completed-in-just-7-days-1st-charge-bridging/) ![583 MILLION DEVELOPMENT FACILITY DELIVERED](https://www.hankzarihs.com/wp-content/uploads/2026/03/583-MILLION-DEVELOPMENT-FACILITY-DELIVERED.jpeg "£583 MILLION DEVELOPMENT FACILITY DELIVERED - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Turn around within](https://www.hankzarihs.com/wp-content/uploads/2025/04/Turn-around-within.svg "Turn around within - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [£5.83 MILLION DEVELOPMENT FACILITY DELIVERED](https://www.hankzarihs.com/case_studies/5-83-million-development-facility-delivered/) Hank Zarihs Associates has successfully structured and delivered funding for the conversion of a four-storey... FINANCE RAISED £5.83 M LTV [ ](https://www.hankzarihs.com/case_studies/5-83-million-development-facility-delivered/) ![63M Completed](https://www.hankzarihs.com/wp-content/uploads/2026/03/63M-Completed.jpeg "£63M Completed - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Turn around within](https://www.hankzarihs.com/wp-content/uploads/2025/04/Turn-around-within.svg "Turn around within - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [£6.3M. Completed](https://www.hankzarihs.com/case_studies/6-3m-completed/) Another full lifecycle transaction successfully delivered by Hank Zarihs Associates. FINANCE RAISED £6.3M LTV 70% [ ](https://www.hankzarihs.com/case_studies/6-3m-completed/) ![63M FUNDED 11M VISION UNLOCKED](https://www.hankzarihs.com/wp-content/uploads/2026/01/63M-FUNDED-11M-VISION-UNLOCKED-1024x1024.jpeg "£63M FUNDED £11M VISION UNLOCKED - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Turn around within](https://www.hankzarihs.com/wp-content/uploads/2025/04/Turn-around-within.svg "Turn around within - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [£6.3M FUNDED. £11M VISION UNLOCKED.](https://www.hankzarihs.com/case_studies/6-3m-funded-11m-vision-unlocked/) A powerhouse deal now COMPLETED for our existing client, turning a commercial site into a FINANCE RAISED £6.3M [ ](https://www.hankzarihs.com/case_studies/6-3m-funded-11m-vision-unlocked/) ![From offer to completion 10 deals 7days no compromises](https://www.hankzarihs.com/wp-content/uploads/2026/01/From-offer-to-completion-10-deals-7days-no-compromises-1024x1024.jpeg "From offer to completion 10 deals 7days no compromises - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Turn around within](https://www.hankzarihs.com/wp-content/uploads/2025/04/Turn-around-within.svg "Turn around within - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [From offer to completion 10 deals, 7days, no compromises.](https://www.hankzarihs.com/case_studies/from-offer-to-completion-10-deals-7days-no-compromises/) In just 7 days, our Senior Case Manager Janelle Baffa completed 10 property finance deals FINANCE RAISED £7.2M [ ](https://www.hankzarihs.com/case_studies/from-offer-to-completion-10-deals-7days-no-compromises/) ![From Offer to Completion in Just 4 Days Thats How We Deliver](https://www.hankzarihs.com/wp-content/uploads/2026/01/From-Offer-to-Completion-in-Just-4-Days--Thats-How-We-Deliver-1024x1024.jpeg "From Offer to Completion in Just 4 Days Thats How We Deliver - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Turn around within](https://www.hankzarihs.com/wp-content/uploads/2025/04/Turn-around-within.svg "Turn around within - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [From Offer to Completion in Just 4 Days – That’s How We Deliver!](https://www.hankzarihs.com/case_studies/from-offer-to-completion-in-just-4-days-thats-how-we-deliver/) From enquiry to completion, our team at Hank Zarihs Associates delivered a Buy to Let/Term FINANCE RAISED £975,000 LTV 75% [ ](https://www.hankzarihs.com/case_studies/from-offer-to-completion-in-just-4-days-thats-how-we-deliver/) ![Another Success Story from Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2026/01/Another-Success-Story-from-Hank-Zarihs-Associates-1024x1024.jpeg "Another Success Story from Hank Zarihs Associates - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Turn around within](https://www.hankzarihs.com/wp-content/uploads/2025/04/Turn-around-within.svg "Turn around within - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Another Success Story from Hank Zarihs Associates](https://www.hankzarihs.com/case_studies/another-success-story-from-hank-zarihs-associates/) We’re proud to announce the successful completion of a Development/Refurb Bridging Loan for a valued FINANCE RAISED £400,000 [ ](https://www.hankzarihs.com/case_studies/another-success-story-from-hank-zarihs-associates/) ![When Expertise Meets Execution 57 Million Funded in One Week](https://www.hankzarihs.com/wp-content/uploads/2026/01/When-Expertise-Meets-Execution-57-Million-Funded-in-One-Week.jpeg "When Expertise Meets Execution - £57 Million Funded in One Week - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Turn around within](https://www.hankzarihs.com/wp-content/uploads/2025/04/Turn-around-within.svg "Turn around within - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [When Expertise Meets Execution – £5.7 Million Funded in One Week!](https://www.hankzarihs.com/case_studies/when-expertise-meets-execution-5-7-million-funded-in-one-week/) An incredible performance by our Head of Underwriting, Janelle Baffa, who completed 6 loan completions FINANCE RAISED £5.7 Million [ ](https://www.hankzarihs.com/case_studies/when-expertise-meets-execution-5-7-million-funded-in-one-week/) ![1763119458614](https://www.hankzarihs.com/wp-content/uploads/2025/12/1763119458614.jpeg "1763119458614 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Turn around within](https://www.hankzarihs.com/wp-content/uploads/2025/04/Turn-around-within.svg "Turn around within - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Development Funding to a Seamless Refinance](https://www.hankzarihs.com/case_studies/development-funding-to-a-seamless-refinance/) From Development Funding to a Seamless Refinance — Another Full Circle Success Delivered by Hank FINANCE RAISED £1.939m [ ](https://www.hankzarihs.com/case_studies/development-funding-to-a-seamless-refinance/) ![1764329423950](https://www.hankzarihs.com/wp-content/uploads/2025/12/1764329423950.jpeg "1764329423950 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Turn around within](https://www.hankzarihs.com/wp-content/uploads/2025/04/Turn-around-within.svg "Turn around within - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Deal Completed, £1,603,440 Bridging Facility Secured](https://www.hankzarihs.com/case_studies/deal-completed-1603440-bridging-facility-secured/) Hank Zarihs Associates is pleased to announce the successful completion of a £1,603,440 fixed-rate bridging FINANCE RAISED £1,603,440 [ ](https://www.hankzarihs.com/case_studies/deal-completed-1603440-bridging-facility-secured/) ![1761914372143](https://www.hankzarihs.com/wp-content/uploads/2025/11/1761914372143-788x1024.jpeg "1761914372143 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Turn around within](https://www.hankzarihs.com/wp-content/uploads/2025/04/Turn-around-within.svg "Turn around within - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Offer to Completion in Just 2 Days!](https://www.hankzarihs.com/case_studies/offer-to-completion-in-just-2-days/) A huge achievement for the Hank Zarihs Associates team, completing a £2,155,790 Buy-to-Let refinance on FINANCE RAISED £2,155,790 [ ](https://www.hankzarihs.com/case_studies/offer-to-completion-in-just-2-days/) ![1761057232763](https://www.hankzarihs.com/wp-content/uploads/2025/10/1761057232763.jpg "1761057232763 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Lending up to](https://www.hankzarihs.com/wp-content/uploads/2025/04/Lending-up-to.svg "Lending up to - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Deal Completed – What a Journey!](https://www.hankzarihs.com/case_studies/deal-completed-what-a-journey/) We’re excited to announce the successful completion of a £816,000 1st Charge Bridging Loan for FINANCE RAISED £816K LTV 60% [ ](https://www.hankzarihs.com/case_studies/deal-completed-what-a-journey/) ![1758292527910](https://www.hankzarihs.com/wp-content/uploads/2025/10/1758292527910-1024x1024.jpeg "1758292527910 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Noun auction hammer](https://www.hankzarihs.com/wp-content/uploads/2025/04/noun-auction-hammer.svg "noun-auction-hammer - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Completed in Under 2 Weeks – Development Exit BTL & Bridge](https://www.hankzarihs.com/case_studies/completed-in-under-2-weeks-development-exit-btl-bridge/) Our client was approaching the end of their development loan term on a project that FINANCE RAISED 1.9M LTV 75% [ ](https://www.hankzarihs.com/case_studies/completed-in-under-2-weeks-development-exit-btl-bridge/) Page1[Page2](https://www.hankzarihs.com/case-studies/2/?doing_wp_cron=1784065159.5615110397338867187500) ![Breaking new ground](https://www.hankzarihs.com/wp-content/uploads/2026/01/Breaking-new-ground-819x1024.jpeg "Breaking new ground - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Turn around within](https://www.hankzarihs.com/wp-content/uploads/2025/04/Turn-around-within.svg "Turn around within - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [New Ground in retail financing](https://www.hankzarihs.com/case_studies/new-ground-in-retail-financing/) Breaking new ground in retail financing! At Hank Zarihs Associates, we’ve successfully restructured £25M in FINANCE RAISED £25M [ ](https://www.hankzarihs.com/case_studies/new-ground-in-retail-financing/) ![Office building converted into 109 flats scaled 1](https://www.hankzarihs.com/wp-content/uploads/2021/10/office_building_converted_into_109_flats-scaled-1-1024x967.jpg "office_building_converted_into_109_flats-scaled - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Lending up to](https://www.hankzarihs.com/wp-content/uploads/2025/04/Lending-up-to.svg "Lending up to - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Newbury Office to 109 Flats Conversion](https://www.hankzarihs.com/case_studies/office-in-newbury-converted-into-109-high-quality-flats-under-pd/) What was needed? Our client was using a Special Purpose Vehicle, a specialist type of FINANCE RAISED £13,200,000 LTV 60% RATE 4.2% [ ](https://www.hankzarihs.com/case_studies/office-in-newbury-converted-into-109-high-quality-flats-under-pd/) ![Buy to Let term loan refinance](https://www.hankzarihs.com/wp-content/uploads/2026/03/Buy-to-Let-term-loan-refinance-1024x1024.jpeg "Buy to Let term loan refinance - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Turn around within](https://www.hankzarihs.com/wp-content/uploads/2025/04/Turn-around-within.svg "Turn around within - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Buy to Let term loan refinance](https://www.hankzarihs.com/case_studies/buy-to-let-term-loan-refinance/) Another successful completion delivered by the team at Hank Zarihs Associates. FINANCE RAISED £290,875 LTV 75% [ ](https://www.hankzarihs.com/case_studies/buy-to-let-term-loan-refinance/) ![63M Completed](https://www.hankzarihs.com/wp-content/uploads/2026/03/63M-Completed.jpeg "£63M Completed - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Turn around within](https://www.hankzarihs.com/wp-content/uploads/2025/04/Turn-around-within.svg "Turn around within - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [£6.3M. Completed](https://www.hankzarihs.com/case_studies/6-3m-completed/) Another full lifecycle transaction successfully delivered by Hank Zarihs Associates. FINANCE RAISED £6.3M LTV 70% [ ](https://www.hankzarihs.com/case_studies/6-3m-completed/) ![Another major development finance completion for Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2026/02/Another-major-development-finance-completion-for-Hank-Zarihs-Associates.jpeg "Another major development finance completion for Hank Zarihs Associates - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Turn around within](https://www.hankzarihs.com/wp-content/uploads/2025/04/Turn-around-within.svg "Turn around within - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Another major development finance completion for Hank Zarihs Associates.](https://www.hankzarihs.com/case_studies/another-major-development-finance-completion-for-hank-zarihs-associates/) We are proud to announce the successful delivery of a £4.78 million gross development facility FINANCE RAISED £4.78 M [ ](https://www.hankzarihs.com/case_studies/another-major-development-finance-completion-for-hank-zarihs-associates/) ![Kicking Off 2026 in Style](https://www.hankzarihs.com/wp-content/uploads/2026/01/Kicking-Off-2026-in-Style.jpeg "Kicking Off 2026 in Style - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Turn around within](https://www.hankzarihs.com/wp-content/uploads/2025/04/Turn-around-within.svg "Turn around within - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Kicking Off 2026 in Style | First Buy to Let Refinance Completed](https://www.hankzarihs.com/case_studies/kicking-off-2026-in-style-first-buy-to-let-refinance-completed/) We’re thrilled to start the new year strong at Hank Zarihs Associates with our first FINANCE RAISED £276,075 LTV 75% [ ](https://www.hankzarihs.com/case_studies/kicking-off-2026-in-style-first-buy-to-let-refinance-completed/) ![Refinance Completed](https://www.hankzarihs.com/wp-content/uploads/2026/01/Refinance-Completed-1024x1024.jpeg "Refinance Completed - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Turn around within](https://www.hankzarihs.com/wp-content/uploads/2025/04/Turn-around-within.svg "Turn around within - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Refinance Completed: £762K Secured for 10-Bed HMO](https://www.hankzarihs.com/case_studies/refinance-completed-762k-secured-for-10-bed-hmo/) At Hank Zarihs Associates, we pride ourselves on delivering tailored finance solutions with speed and FINANCE RAISED £762K [ ](https://www.hankzarihs.com/case_studies/refinance-completed-762k-secured-for-10-bed-hmo/) ![Complex Deals Seamlessly Delivered](https://www.hankzarihs.com/wp-content/uploads/2026/01/Complex-Deals-Seamlessly-Delivered-1024x1024.jpeg "Complex Deals Seamlessly Delivered - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Turn around within](https://www.hankzarihs.com/wp-content/uploads/2025/04/Turn-around-within.svg "Turn around within - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Complex Deals, Seamlessly Delivered](https://www.hankzarihs.com/case_studies/complex-deals-seamlessly-delivered/) At Hank Zarihs Associates, we take pride in completing transactions no matter how complex the FINANCE RAISED £875,000 [ ](https://www.hankzarihs.com/case_studies/complex-deals-seamlessly-delivered/) ![When Expertise Meets Execution 57 Million Funded in One Week](https://www.hankzarihs.com/wp-content/uploads/2026/01/When-Expertise-Meets-Execution-57-Million-Funded-in-One-Week.jpeg "When Expertise Meets Execution - £57 Million Funded in One Week - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Turn around within](https://www.hankzarihs.com/wp-content/uploads/2025/04/Turn-around-within.svg "Turn around within - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [When Expertise Meets Execution – £5.7 Million Funded in One Week!](https://www.hankzarihs.com/case_studies/when-expertise-meets-execution-5-7-million-funded-in-one-week/) An incredible performance by our Head of Underwriting, Janelle Baffa, who completed 6 loan completions FINANCE RAISED £5.7 Million [ ](https://www.hankzarihs.com/case_studies/when-expertise-meets-execution-5-7-million-funded-in-one-week/) ![127m Four weeks Completed](https://www.hankzarihs.com/wp-content/uploads/2026/01/127m-Four-weeks-Completed.jpeg "£127m Four weeks Completed - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Turn around within](https://www.hankzarihs.com/wp-content/uploads/2025/04/Turn-around-within.svg "Turn around within - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [£12.7m. Four weeks. Completed.](https://www.hankzarihs.com/case_studies/12-7m-four-weeks-completed/) We’ve successfully delivered a £12,675,000 buy to let term loan refinance on a large scale FINANCE RAISED £12.7m [ ](https://www.hankzarihs.com/case_studies/12-7m-four-weeks-completed/) ![1754046158542](https://www.hankzarihs.com/wp-content/uploads/2025/10/1754046158542-1024x1024.jpeg "1754046158542 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Lending up to](https://www.hankzarihs.com/wp-content/uploads/2025/04/Lending-up-to.svg "Lending up to - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Another deal delivered – £1.125M Buy-to-Let refinance secured!](https://www.hankzarihs.com/case_studies/another-deal-delivered-1-125m-buy-to-let-refinance-secured/) At Hank Zarihs Associates, we’re proud to have successfully arranged a £1.125M refinance facility for FINANCE RAISED £1.125M LTV 75% [ ](https://www.hankzarihs.com/case_studies/another-deal-delivered-1-125m-buy-to-let-refinance-secured/) ![Derilict property gets bridging facility](https://www.hankzarihs.com/wp-content/uploads/2021/11/derilict_property_gets_bridging_facility-1024x1024.jpg "derilict_property_gets_bridging_facility - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Noun auction hammer](https://www.hankzarihs.com/wp-content/uploads/2025/04/noun-auction-hammer.svg "noun-auction-hammer - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Lender Pullls Out of Deal – Urgent 75% Bridging Loan Arranged in 10 Days](https://www.hankzarihs.com/case_studies/lender-pullls-out-of-deal-urgent-75-bridging-loan-arranged-in-10-days/) What was needed? Our client in London purchased a property at auction, a 3 bedroom FINANCE RAISED £375,000 LTV 75% RATE 6% [ ](https://www.hankzarihs.com/case_studies/lender-pullls-out-of-deal-urgent-75-bridging-loan-arranged-in-10-days/) ![Derilict property gets bridging facility](https://www.hankzarihs.com/wp-content/uploads/2021/11/derilict_property_gets_bridging_facility-1024x1024.jpg "derilict_property_gets_bridging_facility - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Turn around within](https://www.hankzarihs.com/wp-content/uploads/2025/04/Turn-around-within.svg "Turn around within - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Lender Drops Deal – Urgent 75% Loan in 10 Days](https://www.hankzarihs.com/case_studies/lender-pulls-out-of-deal-bridging-facility-arranged-in-ten-days/) What was needed? Our client in London purchased a property at auction, a 3 bedroom FINANCE RAISED £375,000 LTV 75% RATE 6% [ ](https://www.hankzarihs.com/case_studies/lender-pulls-out-of-deal-bridging-facility-arranged-in-ten-days/) ![Bridging facility used to convert semi commercial building into apartments scaled 1](https://www.hankzarihs.com/wp-content/uploads/2021/11/bridging_facility_used_to_convert_semi_commercial_building_into_apartments-scaled-1-1024x768.jpg "bridging_facility_used_to_convert_semi_commercial_building_into_apartments-scaled - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Approval time](https://www.hankzarihs.com/wp-content/uploads/2025/04/Approval-time.svg "Approval time - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Property Conversion: 3 Apartments Plan](https://www.hankzarihs.com/case_studies/large-semi-detached-property-seeking-planning-permission-to-convert-into-3-apartments/) What was needed? Our client identified a large semi-detached property that required planning permission to FINANCE RAISED £393,750 LTV 75% RATE 9% [ ](https://www.hankzarihs.com/case_studies/large-semi-detached-property-seeking-planning-permission-to-convert-into-3-apartments/) ![Buy to let arranged for 6 residential houses](https://www.hankzarihs.com/wp-content/uploads/2021/11/buy_to_let_arranged_for_6_residential_houses-1024x683.jpg "buy_to_let_arranged_for_6_residential_houses - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Lending up to](https://www.hankzarihs.com/wp-content/uploads/2025/04/Lending-up-to.svg "Lending up to - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [75% LTV Arranged for Pub to 6 Units](https://www.hankzarihs.com/case_studies/75-ltv-arranged-for-public-house-transformed-into-6-residential-units/) What was needed? Our client in Kent had converted a former public house into 6 FINANCE RAISED £660,000 LTV 75% RATE 4.74% [ ](https://www.hankzarihs.com/case_studies/75-ltv-arranged-for-public-house-transformed-into-6-residential-units/) ![Extension being added to house to increase value scaled 1536x1152 1](https://www.hankzarihs.com/wp-content/uploads/2021/10/extension_being_added_to_house_to_increase_value-scaled-1536x1152-1-1024x768.jpg "extension_being_added_to_house_to_increase_value-scaled-1536x1152 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Turn around within](https://www.hankzarihs.com/wp-content/uploads/2025/04/Turn-around-within.svg "Turn around within - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Single Storey Loft, Rear & Side Extension](https://www.hankzarihs.com/case_studies/rear-side-extensions-and-loft-extension-financed-for-developer/) What was needed? Our client was looking to purchase a property in order to redevelop FINANCE RAISED £770,000 LTV 70% RATE 9.6% [ ](https://www.hankzarihs.com/case_studies/rear-side-extensions-and-loft-extension-financed-for-developer/) Page1[Page2](https://www.hankzarihs.com/case-studies/2/?doing_wp_cron=1784065159.5615110397338867187500) ![Breaking new ground](https://www.hankzarihs.com/wp-content/uploads/2026/01/Breaking-new-ground-819x1024.jpeg "Breaking new ground - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Turn around within](https://www.hankzarihs.com/wp-content/uploads/2025/04/Turn-around-within.svg "Turn around within - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [New Ground in retail financing](https://www.hankzarihs.com/case_studies/new-ground-in-retail-financing/) Breaking new ground in retail financing! At Hank Zarihs Associates, we’ve successfully restructured £25M in FINANCE RAISED £25M [ ](https://www.hankzarihs.com/case_studies/new-ground-in-retail-financing/) ![Office building converted into 109 flats scaled 1](https://www.hankzarihs.com/wp-content/uploads/2021/10/office_building_converted_into_109_flats-scaled-1-1024x967.jpg "office_building_converted_into_109_flats-scaled - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Lending up to](https://www.hankzarihs.com/wp-content/uploads/2025/04/Lending-up-to.svg "Lending up to - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Newbury Office to 109 Flats Conversion](https://www.hankzarihs.com/case_studies/office-in-newbury-converted-into-109-high-quality-flats-under-pd/) What was needed? Our client was using a Special Purpose Vehicle, a specialist type of FINANCE RAISED £13,200,000 LTV 60% RATE 4.2% [ ](https://www.hankzarihs.com/case_studies/office-in-newbury-converted-into-109-high-quality-flats-under-pd/) ![Derilict property gets bridging facility](https://www.hankzarihs.com/wp-content/uploads/2021/11/derilict_property_gets_bridging_facility-1024x1024.jpg "derilict_property_gets_bridging_facility - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Noun auction hammer](https://www.hankzarihs.com/wp-content/uploads/2025/04/noun-auction-hammer.svg "noun-auction-hammer - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Lender Pullls Out of Deal – Urgent 75% Bridging Loan Arranged in 10 Days](https://www.hankzarihs.com/case_studies/lender-pullls-out-of-deal-urgent-75-bridging-loan-arranged-in-10-days/) What was needed? Our client in London purchased a property at auction, a 3 bedroom FINANCE RAISED £375,000 LTV 75% RATE 6% [ ](https://www.hankzarihs.com/case_studies/lender-pullls-out-of-deal-urgent-75-bridging-loan-arranged-in-10-days/) ![Bridging facility used to convert semi commercial building into apartments scaled 1](https://www.hankzarihs.com/wp-content/uploads/2021/11/bridging_facility_used_to_convert_semi_commercial_building_into_apartments-scaled-1-1024x768.jpg "bridging_facility_used_to_convert_semi_commercial_building_into_apartments-scaled - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Approval time](https://www.hankzarihs.com/wp-content/uploads/2025/04/Approval-time.svg "Approval time - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Property Conversion: 3 Apartments Plan](https://www.hankzarihs.com/case_studies/large-semi-detached-property-seeking-planning-permission-to-convert-into-3-apartments/) What was needed? Our client identified a large semi-detached property that required planning permission to FINANCE RAISED £393,750 LTV 75% RATE 9% [ ](https://www.hankzarihs.com/case_studies/large-semi-detached-property-seeking-planning-permission-to-convert-into-3-apartments/) ![Development exit facility for 4 detached houses scaled 1](https://www.hankzarihs.com/wp-content/uploads/2021/10/development_exit_facility_for_4_detached_houses-scaled-1-1024x575.jpg "development_exit_facility_for_4_detached_houses-scaled - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Approval time](https://www.hankzarihs.com/wp-content/uploads/2025/04/Approval-time.svg "Approval time - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Property Developer’s Worcestershire Project](https://www.hankzarihs.com/case_studies/development-exit-facility-for-property-developer-in-worcestershire-building-4-detached-houses/) What was needed? Our client had completed the development of 4 detached, residential properties and FINANCE RAISED £1,203,750 LTV 75% RATE 8.4% [ ](https://www.hankzarihs.com/case_studies/development-exit-facility-for-property-developer-in-worcestershire-building-4-detached-houses/) ![Pd conversion of office block into 114 flats in reading scaled 1](https://www.hankzarihs.com/wp-content/uploads/2021/10/pd_conversion_of_office_block_into_114_flats_in_reading-scaled-1-1024x577.jpg "pd_conversion_of_office_block_into_114_flats_in_reading-scaled - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Noun auction hammer](https://www.hankzarihs.com/wp-content/uploads/2025/04/noun-auction-hammer.svg "noun-auction-hammer - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [PD Conversion of Office Block into 114 Flats in Reading](https://www.hankzarihs.com/case_studies/pd-conversion-of-office-block-in-reading-into-114-flats/) What was needed? Our client was looking to purchase an office building in Reading in FINANCE RAISED £8,000,000 LTV 60% RATE 4.25% [ ](https://www.hankzarihs.com/case_studies/pd-conversion-of-office-block-in-reading-into-114-flats/) ![8 brand new mews homes in london scaled 1](https://www.hankzarihs.com/wp-content/uploads/2021/10/8_brand_new_mews_homes_in_london-scaled-1-683x1024.jpg "8_brand_new_mews_homes_in_london-scaled - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Turn around within](https://www.hankzarihs.com/wp-content/uploads/2025/04/Turn-around-within.svg "Turn around within - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [SW4 Mews Houses Development Finance](https://www.hankzarihs.com/case_studies/property-finance-for-8-brand-new-mews-houses-london/) What was needed? Our client in London was looking to borrow capital in order to FINANCE RAISED £3,510,000 LTV 65% RATE 7.25% [ ](https://www.hankzarihs.com/case_studies/property-finance-for-8-brand-new-mews-houses-london/) ![75 buy to let finance arranged for a property developer](https://www.hankzarihs.com/wp-content/uploads/2021/10/75_buy_to_let_finance_arranged_for_a_property_developer-1024x682.jpg "75_buy_to_let_finance_arranged_for_a_property_developer - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Rates from](https://www.hankzarihs.com/wp-content/uploads/2025/04/Rates-from.svg "Rates from - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Property Developer’s Buy-To-Let Finance](https://www.hankzarihs.com/case_studies/buy-to-let-finance-arranged-for-property-developer/) What was needed? Our client needed a longer term finance arrangement for some unsold properties FINANCE RAISED £1,875,000 LTV 75% RATE 3.95% PA [ ](https://www.hankzarihs.com/case_studies/buy-to-let-finance-arranged-for-property-developer/) ![Refinance of unsold apartments and freehold from development scaled 1200x1800 1](https://www.hankzarihs.com/wp-content/uploads/2021/10/refinance_of_unsold_apartments_and_freehold_from_development-scaled-1200x1800-1-683x1024.jpg "refinance_of_unsold_apartments_and_freehold_from_development-scaled-1200x1800 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Noun auction hammer](https://www.hankzarihs.com/wp-content/uploads/2025/04/noun-auction-hammer.svg "noun-auction-hammer - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Property Refinance: 5 Apartments & Freehold](https://www.hankzarihs.com/case_studies/refinance-of-5-unsold-apartments-freehold-semi-commercial-development/) What was needed? Our client in Surbiton needed to re-arrange their finance when they weren’t FINANCE RAISED £2,400,000 LTV 75% RATE 0.6% [ ](https://www.hankzarihs.com/case_studies/refinance-of-5-unsold-apartments-freehold-semi-commercial-development/) ![Large development finance loan used to convert office block into 50 residential units scaled 1200x1800 1](https://www.hankzarihs.com/wp-content/uploads/2021/10/large_development_finance_loan_used_to_convert_office_block_into_50_residential_units-scaled-1200x1800-1-683x1024.jpg "large_development_finance_loan_used_to_convert_office_block_into_50_residential_units-scaled-1200x1800 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Turn around within](https://www.hankzarihs.com/wp-content/uploads/2025/04/Turn-around-within.svg "Turn around within - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Office to Residential Conversion with Development Finance](https://www.hankzarihs.com/case_studies/large-development-loan-used-to-convert-office-block-into-residential-units/) What was needed? Our client needed to borrow a substantial amount in order to redeem LTV 66% RATE 6.5% [ ](https://www.hankzarihs.com/case_studies/large-development-loan-used-to-convert-office-block-into-residential-units/) ![Client converted office block into 50 apartments scaled 1229x1536 1](https://www.hankzarihs.com/wp-content/uploads/2021/10/client_converted_office_block_into_50_apartments-scaled-1229x1536-1-819x1024.jpg "client_converted_office_block_into_50_apartments-scaled-1229x1536 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Valuation](https://www.hankzarihs.com/wp-content/uploads/2025/04/Valuation.svg "Valuation - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Converting Office Block into 50 Apartments](https://www.hankzarihs.com/case_studies/development-finance-to-convert-office-apartment-into-50-apartments/) What was needed? Our client was looking to purchase an office block that they intended FINANCE RAISED £2,799,922 LTV 53% RATE 0.75% [ ](https://www.hankzarihs.com/case_studies/development-finance-to-convert-office-apartment-into-50-apartments/) ![Breaking new ground](https://www.hankzarihs.com/wp-content/uploads/2026/01/Breaking-new-ground-819x1024.jpeg "Breaking new ground - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Turn around within](https://www.hankzarihs.com/wp-content/uploads/2025/04/Turn-around-within.svg "Turn around within - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [New Ground in retail financing](https://www.hankzarihs.com/case_studies/new-ground-in-retail-financing/) Breaking new ground in retail financing! At Hank Zarihs Associates, we’ve successfully restructured £25M in FINANCE RAISED £25M [ ](https://www.hankzarihs.com/case_studies/new-ground-in-retail-financing/) ![Office building converted into 109 flats scaled 1](https://www.hankzarihs.com/wp-content/uploads/2021/10/office_building_converted_into_109_flats-scaled-1-1024x967.jpg "office_building_converted_into_109_flats-scaled - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Lending up to](https://www.hankzarihs.com/wp-content/uploads/2025/04/Lending-up-to.svg "Lending up to - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Newbury Office to 109 Flats Conversion](https://www.hankzarihs.com/case_studies/office-in-newbury-converted-into-109-high-quality-flats-under-pd/) What was needed? Our client was using a Special Purpose Vehicle, a specialist type of FINANCE RAISED £13,200,000 LTV 60% RATE 4.2% [ ](https://www.hankzarihs.com/case_studies/office-in-newbury-converted-into-109-high-quality-flats-under-pd/) ![Derilict property gets bridging facility](https://www.hankzarihs.com/wp-content/uploads/2021/11/derilict_property_gets_bridging_facility-1024x1024.jpg "derilict_property_gets_bridging_facility - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Noun auction hammer](https://www.hankzarihs.com/wp-content/uploads/2025/04/noun-auction-hammer.svg "noun-auction-hammer - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Lender Pullls Out of Deal – Urgent 75% Bridging Loan Arranged in 10 Days](https://www.hankzarihs.com/case_studies/lender-pullls-out-of-deal-urgent-75-bridging-loan-arranged-in-10-days/) What was needed? Our client in London purchased a property at auction, a 3 bedroom FINANCE RAISED £375,000 LTV 75% RATE 6% [ ](https://www.hankzarihs.com/case_studies/lender-pullls-out-of-deal-urgent-75-bridging-loan-arranged-in-10-days/) ![Buy to let arranged for 6 residential houses](https://www.hankzarihs.com/wp-content/uploads/2021/11/buy_to_let_arranged_for_6_residential_houses-1024x683.jpg "buy_to_let_arranged_for_6_residential_houses - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Lending up to](https://www.hankzarihs.com/wp-content/uploads/2025/04/Lending-up-to.svg "Lending up to - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [75% LTV Arranged for Pub to 6 Units](https://www.hankzarihs.com/case_studies/75-ltv-arranged-for-public-house-transformed-into-6-residential-units/) What was needed? Our client in Kent had converted a former public house into 6 FINANCE RAISED £660,000 LTV 75% RATE 4.74% [ ](https://www.hankzarihs.com/case_studies/75-ltv-arranged-for-public-house-transformed-into-6-residential-units/) ![Extension being added to house to increase value scaled 1536x1152 1](https://www.hankzarihs.com/wp-content/uploads/2021/10/extension_being_added_to_house_to_increase_value-scaled-1536x1152-1-1024x768.jpg "extension_being_added_to_house_to_increase_value-scaled-1536x1152 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Turn around within](https://www.hankzarihs.com/wp-content/uploads/2025/04/Turn-around-within.svg "Turn around within - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Single Storey Loft, Rear & Side Extension](https://www.hankzarihs.com/case_studies/rear-side-extensions-and-loft-extension-financed-for-developer/) What was needed? Our client was looking to purchase a property in order to redevelop FINANCE RAISED £770,000 LTV 70% RATE 9.6% [ ](https://www.hankzarihs.com/case_studies/rear-side-extensions-and-loft-extension-financed-for-developer/) ![Pd conversion of office block into 114 flats in reading scaled 1](https://www.hankzarihs.com/wp-content/uploads/2021/10/pd_conversion_of_office_block_into_114_flats_in_reading-scaled-1-1024x577.jpg "pd_conversion_of_office_block_into_114_flats_in_reading-scaled - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Noun auction hammer](https://www.hankzarihs.com/wp-content/uploads/2025/04/noun-auction-hammer.svg "noun-auction-hammer - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [PD Conversion of Office Block into 114 Flats in Reading](https://www.hankzarihs.com/case_studies/pd-conversion-of-office-block-in-reading-into-114-flats/) What was needed? Our client was looking to purchase an office building in Reading in FINANCE RAISED £8,000,000 LTV 60% RATE 4.25% [ ](https://www.hankzarihs.com/case_studies/pd-conversion-of-office-block-in-reading-into-114-flats/) ![75 buy to let finance arranged for a property developer](https://www.hankzarihs.com/wp-content/uploads/2021/10/75_buy_to_let_finance_arranged_for_a_property_developer-1024x682.jpg "75_buy_to_let_finance_arranged_for_a_property_developer - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Rates from](https://www.hankzarihs.com/wp-content/uploads/2025/04/Rates-from.svg "Rates from - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Property Developer’s Buy-To-Let Finance](https://www.hankzarihs.com/case_studies/buy-to-let-finance-arranged-for-property-developer/) What was needed? Our client needed a longer term finance arrangement for some unsold properties FINANCE RAISED £1,875,000 LTV 75% RATE 3.95% PA [ ](https://www.hankzarihs.com/case_studies/buy-to-let-finance-arranged-for-property-developer/) ![Refinance of unsold apartments and freehold from development scaled 1200x1800 1](https://www.hankzarihs.com/wp-content/uploads/2021/10/refinance_of_unsold_apartments_and_freehold_from_development-scaled-1200x1800-1-683x1024.jpg "refinance_of_unsold_apartments_and_freehold_from_development-scaled-1200x1800 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Noun auction hammer](https://www.hankzarihs.com/wp-content/uploads/2025/04/noun-auction-hammer.svg "noun-auction-hammer - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Property Refinance: 5 Apartments & Freehold](https://www.hankzarihs.com/case_studies/refinance-of-5-unsold-apartments-freehold-semi-commercial-development/) What was needed? Our client in Surbiton needed to re-arrange their finance when they weren’t FINANCE RAISED £2,400,000 LTV 75% RATE 0.6% [ ](https://www.hankzarihs.com/case_studies/refinance-of-5-unsold-apartments-freehold-semi-commercial-development/) ![Large development finance loan used to convert office block into 50 residential units scaled 1200x1800 1](https://www.hankzarihs.com/wp-content/uploads/2021/10/large_development_finance_loan_used_to_convert_office_block_into_50_residential_units-scaled-1200x1800-1-683x1024.jpg "large_development_finance_loan_used_to_convert_office_block_into_50_residential_units-scaled-1200x1800 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Turn around within](https://www.hankzarihs.com/wp-content/uploads/2025/04/Turn-around-within.svg "Turn around within - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Office to Residential Conversion with Development Finance](https://www.hankzarihs.com/case_studies/large-development-loan-used-to-convert-office-block-into-residential-units/) What was needed? Our client needed to borrow a substantial amount in order to redeem LTV 66% RATE 6.5% [ ](https://www.hankzarihs.com/case_studies/large-development-loan-used-to-convert-office-block-into-residential-units/) ![Client converted office block into 50 apartments scaled 1229x1536 1](https://www.hankzarihs.com/wp-content/uploads/2021/10/client_converted_office_block_into_50_apartments-scaled-1229x1536-1-819x1024.jpg "client_converted_office_block_into_50_apartments-scaled-1229x1536 - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ![Valuation](https://www.hankzarihs.com/wp-content/uploads/2025/04/Valuation.svg "Valuation - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ### [Converting Office Block into 50 Apartments](https://www.hankzarihs.com/case_studies/development-finance-to-convert-office-apartment-into-50-apartments/) What was needed? Our client was looking to purchase an office block that they intended FINANCE RAISED £2,799,922 LTV 53% RATE 0.75% [ ](https://www.hankzarihs.com/case_studies/development-finance-to-convert-office-apartment-into-50-apartments/) ##### WE WILL FUND YOUR PROJECT! ## Book a Call Today Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - Appointments 7 days a week - From 7am till 10pm - No obligation - Terms issued within minutes - Friendly and experienced advisors - Ask all the questions you need! ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Your Success, Our Story [ ![Trustpilot](https://www.hankzarihs.com/wp-content/uploads/2024/09/Trustpilot.png "Trustpilot - Bridging and Development Finance Solutions")](https://uk.trustpilot.com/review/hankzarihs.com) [ ![Google r](https://www.hankzarihs.com/wp-content/uploads/2025/04/Google-r-1024x524.png "Google-r - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### 600+ ##### HAPPY CLIENTS #### £1B+ ##### DEALS FUNDED ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! ##### AREAS WE COVER ## Areas We Have Helped Clients for Auction Finance Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - [ Birmingham ](/birmingham/) - [ Bournemouth ](/bournemouth/) - [ Brighton ](/brighton/) - [ Bristol ](/bristol/) - [ Cardiff ](/cardiff/) - [ Coventry ](/coventry/) - [ Derby ](/derby/) - [ Edinburgh ](/edinburgh/) - [ Glasgow ](/glasgow/) - [ Leeds ](/leeds/) - [ Leicester ](/leicester/) - [ Liverpool ](/liverpool/) - [ London ](/london/) - [ Manchester ](/manchester/) - [ Middlesbrough ](/middlesbrough/) - [ Newcastle ](/newcastle/) - [ Northampton ](/northampton/) - [ Poole ](/poole/) - [ Portsmouth ](/portsmouth/) - [ Plymouth ](/plymouth/) - [ Reading ](/reading/) - [ Sheffield ](/sheffield/) - [ Southampton ](/southampton/) - [ Stoke ](/stoke/) - [ Wolverhampton ](/wolverhampton/) **Tags:** Transparent Header --- ### [Bridging Loan Calculator](https://www.hankzarihs.com/bridging-loan-calculator/) **Published:** May 21, 2025 **Author:** Shiraz Khan **Content:** # Bridging Loan Calculator . If you’re looking to purchase a property at auction – perhaps to refurbish, or to acquire the land to build upon – then you may need finance to complete the transaction. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### Bridging Loan Calculator Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nulla facilisi. Curabitur tincidunt, nunc vel tincidunt pretium, felis ligula feugiat neque, ac volutpat turpis velit et metus. Integer suscipit, justo a venenatis bibendum Purchase Price/Market Value (£): Loan to Value Required (LTV %): Loan Term (Months): Custom Value 3 6 9 12 24 36 48 Monthly Interest Rate (%): Custom Value 0.5 0.75 1.0 1.25 1.5 How will interest be paid: Serviced Deducted Lender fee (%): Broker Fee (%): Calculate Now Email Results to me Gross Loan (£) £ 300,000,000 Cost Per Month (£) £ 2,250,000 --- Rate Per Annum (%) 9.00% Cost Per Term (£) £ 27,000,000 Net LTV 55.80% The results provided by this calculator are estimates only. Actual loan terms, amounts, and rates may vary based on your specific circumstances and lender requirements. We recommend consulting with a financial advisor or lender for a detailed, personalized quote. Gross Loan: £ 300,000,000 Cost Per Month: £ 2,250,000 Cost Per Term: £ 27,000,000 Rate Per Annum: 9.00% Total Fees: £ 21,000,000 Net Loan: £ 279,000,000 Net LTV: 55.80% ×#### Send Result in Mail Full Name: Email Address: Send ##### TERMS SUMMARY ## Explanation of all Terms If you’re looking to purchase a property at auction – perhaps to refurbish, or to acquire the land to build upon – then you may need finance to complete the transaction. #### Table of Contents When you are looking for specialist bridging finance, it helps to use calculations to get a sense of your likely costs and repayments. Our bridging calculator has been designed to provide indicative results of how much your bridging loan could cost. It has been built specifically with bridging finance in mind so that you can enter key information such as the interest rate, loan term, fees, value of security / underlying asset and so forth. There are more bridging finance deals on the market now than ever, and our bridging calculator will show you how much impact even the smallest fluctuation in interest rates and fees have on your repayments. At Hank Zarihs, we are able to gain you access to some of the most competitive bridging loans on the market. Please use our calculator to assist you with your research, or contact our team to obtain a rapid and personalised illustration of the bridging finance that our lending panel is ready to offer for your project. ## Bridging loan examples Bridging loans serviced monthly, offer maximum borrowing from day one. The monthly repayments are calculated according to monthly interest repayments, with the capital lump sum outstanding and repaid when the bridging loan comes to an end. This option tends to best suit customers with a regular, consistent cash flow during the loan’s lifetime, who can meet the monthly payments easily without any need to over-extend their finances. You can also calculate how much your loan would cost with rolled up payments. With this approach, the interest fee is calculated for the duration of the loan when you apply for it, and it is charged as a single sum when the loan is repaid. This is sometimes preferred by applicants whose security asset/s will not be generating income while the bridging loan is in place. Please note that, when you use the bridging finance calculator to calculate a rolled-up interest loan, the sum for total borrowing must fall within the lender’s LTV requirements – e.g. including both borrowings plus rolled interest, which must remain within the LTV as a combined sum. Many bridging loans are offered at a 75% LTV, although some lenders may offer greater flexibility. ## How do I use the bridging loan calculator The bridging calculator is used as a tool for reference purposes. Simply add in as much information as you have to get an indicative idea of costs and to see the impact that changing interest rates, term duration, security value and other variables have on the amount that you will pay. You can also adjust the results to take into account a serviced net loan or a deducted net loan. Remember that the loan is there to provide guidance, but the Hank Zarihs Associates team are here to provide a tailored illustration in as little as an hour – allowing you to progress with your plans without delay. ### How are bridging loans calculated? Bridging loans are designed to be short-term finance, usually for property development, renovation, auction purposes and other specific purposes. The borrower services the interest on the short-term bridging product until the underlying asset (the property) is either sold, or a long-term mortgage is put into place. Because bridging loans are short-term finance deals for a specialist purpose, they are more expensive than other types of long-term property or business finance, such as commercial mortgages. If interest is being serviced, it will be paid monthly – and the loan is calculated with interest applied on a monthly basis (as opposed to annually, with a traditional mortgage.) The interest rate can vary greatly by provider, according to the applicant’s own situation, project and credit history. At Hank Zarihs Associates, we work with a large panel of tried and tested lenders who provide highly competitive bridging loans for all circumstances, with flexible features and options for treating interest in different ways (such as servicing the interest, rolling it up or deducting it from the advance). ## Who would benefit from a bridging loan? Bridging finance is a common form of short-term, rapid-access finance that is often used by: – Developers, individuals or businesses who are buying a commercial or residential property at auction – Individuals or companies managing private sales – Developers carrying out refurbishment, renovation or improvement works on a property – Buyers who cannot get a traditional mortgage on an uninhabitable mortgage (or who cannot get a traditional mortgage for other reasons, such as perhaps their age.) – Buyers who want to access cash rapidly for a cash-only property purchase. Bridging finance offers access to rapid finance with minimal paperwork or fuss. This type of loan tend to best suit experienced applicants who understand the features of bridging loans and who have a clear exit plan in place (the property sale or a conversion to a longer-term mortgage.) ### Are bridging loans a good idea? Bridging loans are widely available and used heavily by property investors and developers of all kinds. Their flexible, rapid nature makes this type of loan highly attractive – but, like all types of finance, there are risks involved if applicants do not understand the terms. Bridging loans are designed to be short-term in nature and their interest rates reflect this. At Hank Zarihs Associates, we always provide the full financial picture via a tailored, transparent illustration for each applicant. We provide advice and support throughout the process and answer all questions so that our clients are confident that they are taking out the right financial product for their needs. ### Why choose Hank Zarihs as your bridging broker? Hank Zarihs Associates are a specialist bridging loan intermediary, working with a respected panel of tried and tested business lenders who offer bridging finance and other types of loan. We make the entire process quick, easy and hassle-free, by carrying out the administration for our clients, securing them highly competitive rates (often not available on the open market) and prioritising long-term relationships, so that our clients are keen to use our service on an on-going basis, as their project s- and ambitions – evolve. ### How do I qualify for a bridging loan? Every lender has its own terms, applicant can have been trading for at least 1 day, but should have a clear exit plan in place. Again, Hank Zarihs Associates can help you to present your project in a way that best meets lenders needs and which maximises your chance of receiving competitive bridging finance offers. ### Criteria The borrowing criteria for bridging loans vary by lender, but these loans do tend to be very flexible. Bridging loans are available to individuals and businesses alike, so long as the applicant has a cash deposit or security (usually in the form of property). Your credit rating and income evidence will affect the terms that you will be offered. Even if you have no proof of income or an impaired credit rating, there are non-status bridging loans available. ### Typical interest rates A residential bridging loan with 50% LTV could cost as little as 0.43% pm, with an application of 1-1.5% that is added to the loan. A non-status loan for a similar product, but with an 80% LTV could cost as little as 1.10% per calendar month, with the same application fee structure. Please view a full list of indicative current interest rates on our website or contact our team for rapid access to a tailored illustration for your project. ### How long does it take to arrange a bridging loan? Typically, a bridging loan can be organised in just seven days, however, some can be completed in as little as three days. Need access to bridging finance even faster than this? Please contact our team now. ### What can bridging loans be used for? As a flexible finance product, there are various instances in which a bridging loan might be used. For example: – To buy a property at auction – To buy a property that is considered uninhabitable and unsuitable for a traditional mortgage – To renovate or refurbish a property – To provide rapid finance for a second charge arrangement – To provide instant funding when a property is being sold on a cash basis. ## Fees ### Are there any lender fees? Lender fees will be defined in the tailored illustration that you will receive from the team at Hank Zarihs Associates. ### Broker fees We charge an application fee of 1-2% depending on your bridging loan, which is added to the loan itself. ### Other additional fees? There may be other fees, such as valuation fees and legal paperwork, as well as exit fees for administering paperwork. Again, these will be provided in a full and transparent way before you make a decision. ### Speak to our bridging specialists today! Our team of bridging finance specialists are here to help you access the right type of bridging finance for your needs – as well as alternatives to bridging loans, if more appropriate. We work from 9 am to 9 pm on Mondays to Fridays. Call us on 020 3889 4403. ##### WHAT IS BRIDGING FINANCE? ## Bridging Finance & How does it work? Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ What is bridging finance & how does it work? You may have heard about bridging loans in the context of property investment or moving house, but what exactly are they? Basically, [bridging finance](/fast-bridging-finance/) is a type of short-term loan that allows a buyer to purchase a property before their existing home or investment property is sold. As the name suggests, it ‘bridges’ the funding gap in the lag between purchase and sale – offering rapid access to the necessary purchase funds for a brief period of time. Borrowers can access from £5,000 to £250 million, depending on applicant status, the value of the property and other lender criteria. Higher lending amounts are typically reserved for borrowers who can put up several properties as security. Quotes are provided on a Loan to Value (LTV) of 65%-80% in most situations. What are the typical uses of bridging loans? Bridging loans can be used in a number of situations. For example: 1. When people are moving home in a chain, with a gap between completion dates (e.g. needing to pay for the new property before receiving funds on the completed old property). 2. When property investors or private buyers renovate a home and want a rapid sell-on. 3. When an individual is looking to buy a property at an auction. 4. When property investors and developers are looking to pay a tax bill 5. When buyers want to secure finance against an uninhabitable property. This type of finance can be used by homeowners, landlords and property developers alike. Are bridging loans a good idea? The bridging finance market has grown rapidly, with a number of small and focused lenders now on the market, catering for specialist property finance needs. The market has changed because large high-street lenders have become less willing (and sometimes less able) to lend ever since the financial crisis of 2008. As to whether a bridging loan for property development, auction purchase or private home buying is a good idea, it depends on a variety of factors. Bridging loan requirements vary by lender, but each will have certain common features that need to be considered. The most notable feature of this type of finance is that the interest rate is likely to be high. At the same time, there are typically high administration fees applied to the loan. Because of this, it is essential to proceed very carefully and with a full view of the facts. Borrowers have been burned by this type of loan in the past, in instances where transactions have fallen through, or where lenders have turned out to be unscrupulous and untrustworthy. What are the various pros and cons of bridging finance? Benefits of instant bridging loans 1\. Rapid access to money 2\. Ability to borrow large sums – often up to £250 million depending on applicant status 3\. Options for flexible borrowing. Possible downsides of bridging loans: 1\. Failure to understand the unique features of these loans can result in financial risk 2\. Bridging finance is secured against your property; meaning it can be sold if you can’t meet the repayment terms 3\. A costly option with fees and higher interest What is the interest rate on a bridging loan? Bridging finance interest rates will vary by lender. However, interest costs of 1.5% a month are not unusual, which can equate to an annual percentage rate of 18%. Fixed or variable rate? Bridging loans may have fixed or variable interest rate features. Fixed interest rates are ideal for customers who want stability, as they offer the same amount of interest for the duration of the term. The rate is pre-agreed, but there may be a premium for this security. The other choice is to have a variable rate bridging loan which can change with the base rate. However, you can save money if the base rate decreases. Borrowers who are less concerned about security sometimes prefer the variable rate option if they believe that the financial markets will travel in their favour. Knowledge and market insight is required here, along with a thorough understanding of personal risk tolerance. If interest rates appear to be rising, most customers will choose the fixed interest rate to lock it in and avoid further increases in the event of a base rate rise. Repaying interest on a bridging loan? Bridging loan periods tend to be for several months and there are usually different options for paying the interest portion. Monthly repayments The customer repays the interest every month as a separate payment, rather than adding it to the outstanding balance Rolled-up bridging finance deals The compound interest is calculated monthly but added to the outstanding loan balance and paid together when repayment is due. Retained interest The monthly interest payment due is covered up to a predefined date so that the full sum is only repaid when monies are due. Fees and other costs? As well as interest payments, there will be an arrangement fee for the set-up of the bridging loan, which is usually around 1-2%. A repayment fee for exit paperwork may also apply, along with valuation fees for the cost of the surveyor. How long can you have a bridging loan for? Remember, this type of finance is designed to be short-term. As soon as it extends beyond the agreed interim or bridging period, penalties can rapidly stack up. Typically, bridging finance is available for 1 – 18 months. Are there different types of bridging loan? Yes, there are two broad types: closed bridging finance and open bridging finance. With closed bridging finance you will tell the lender how you will repay the loan – with what funds and when. These loans usually complete within a few months and the clear exit plan is required as a lending condition. Open bridge finance won’t usually need this type of exit plan, and it is typically the loan of choice when funds are needed urgently to complete a property transaction. No detailed plan is needed to explain how the debt will be settled, and the finance tends to be offered for up to a year. Of course, it’s important to note that interest will keep being applied throughout this period. There are also first charge bridging loans and second charge bridging loans. If you have a loan against a property which is already mortgaged, you’d take out a second charge loan. An example of this would be if you were planning to finance a property extension to improve the property. The categorisation tells the lenders who will have legal priority for repayment if the loan was unable to be paid off at the term-end. First charge loans apply if the new loan is the first secured on the property. Can I get a bridging loan? Bridging loan requirements will depend on the lender. Often, lenders will require that: Customers must also take out their property mortgage with them too, providing the bridge finance as an interim measure before the standard mortgage comes into play. Property is put forward as security against the loan. Some lenders expect applicants to have more than one property in order to be eligible for their bridging finance products, but this will depend on the lender and the size of the loan. Applicants show proof of income – although, interestingly, as loan interest isn’t repaid monthly, some lenders do not request this. The applicant shows evidence of their property investment track record if they are planning to develop their purchased property. The applicant can show a business plan if they are using the bridging loan for commercial purposes. What are the alternatives to bridging loans? Development loans are another type of short-term property development loan. They are repaid in stages and calculated on the gross value of the development. Personal loans are another option, as are remortgages when timescales are more flexible and a long-term loan is desirable. Tips for success when applying for instant bridging loans? Use a bridge loan calculator Ask for your lender to provide a tailored bridge finance example or illustration around your particular borrowing needs. Think carefully about the type of bridging loan that you need – whether open bridge finance or closed bridge finance. Know whether the loan is a first or second charge type. Clarify whether the interest rate is fixed or variable. Review products from several lenders. Be clear on your security. Read the small print! Who provides bridging finance? Bridging loans are offered by banks, building societies, specialist lenders and brokers. They aren’t widely advertised and usually require a direct application by the customer to find out the product features and offers. Once you have made an application, a decision will usually be made within 24 hours. The funds then will take around two weeks to be issued, including time for checks to be carried out, the valuation and the actual transfer. Keen to find out more? Hank Zarihs are highly experienced and specialist financial intermediaries operating in the property development market. We work with a tried and tested panel of over 60 trusted lenders and can provide excellent bridging finance with attractive features. Contact us to find out more. ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Your Success, Our Story [ ![Trustpilot](https://www.hankzarihs.com/wp-content/uploads/2024/09/Trustpilot.png "Trustpilot - Bridging and Development Finance Solutions")](https://uk.trustpilot.com/review/hankzarihs.com) [ ![Google r](https://www.hankzarihs.com/wp-content/uploads/2025/04/Google-r-1024x524.png "Google-r - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### 600+ ##### HAPPY CLIENTS #### £1B+ ##### DEALS FUNDED ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! [ Check out our Case Studies ](/case-studies/) ##### AREAS WE COVER ## Areas We Have Helped Clients for Auction Finance Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - [ Birmingham ](/birmingham/) - [ Bournemouth ](/bournemouth/) - [ Brighton ](/brighton/) - [ Bristol ](/bristol/) - [ Cardiff ](/cardiff/) - [ Coventry ](/coventry/) - [ Derby ](/derby/) - [ Edinburgh ](/edinburgh/) - [ Glasgow ](/glasgow/) - [ Leeds ](/leeds/) - [ Leicester ](/leicester/) - [ Liverpool ](/liverpool/) - [ London ](/london/) - [ Manchester ](/manchester/) - [ Middlesbrough ](/middlesbrough/) - [ Newcastle ](/newcastle/) - [ Northampton ](/northampton/) - [ Poole ](/poole/) - [ Portsmouth ](/portsmouth/) - [ Plymouth ](/plymouth/) - [ Reading ](/reading/) - [ Sheffield ](/sheffield/) - [ Southampton ](/southampton/) - [ Stoke ](/stoke/) - [ Wolverhampton ](/wolverhampton/) **Tags:** Transparent Header --- ### [Terms of Service](https://www.hankzarihs.com/terms-of-service/) **Published:** June 16, 2025 **Author:** Shiraz Khan **Content:** # Terms of Service . Our core focus is offering fast solutions, financial products that deliver results, and the highest of service levels. If you would like to find out more please contact us to discuss your funding requirements. - [ Start Online Application ](#) - [ Get a Call Back ](#) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) ## **Terms & Conditions** **Effective Date:** Jan/01/2024 **Company Name:** Hank Zarihs Associates **Registered Office:** 2nd Floor North Park House, the Precinct, High Road, Broxbourne, EN10 7HY **Email:** shiraz@hankzarihs.com **Phone:** [+44 (0) 20 3889 4403](tel:+44%20(0)%2020%203889%204403) ### 1. **Introduction** These Terms and Conditions govern your use of the services provided by Hank Zarihs Associates (“we”, “us”, “our”), including all financial brokerage, consultancy, and advisory services. By engaging our services, you agree to these Terms. ### 2. **Services Offered** Hank Zarihs Associates acts as a financial intermediary, introducing clients to lenders for development finance, bridging loans, commercial mortgages, VAT loans, and related funding products. We do not lend money directly. ### 3. **Client Obligations** - Clients must provide accurate, complete, and up-to-date information during the application process. - Any misrepresentation or omission of key details may result in the cancellation or delay of funding. - Clients must comply with all relevant regulations, including anti-money laundering (AML) requirements. ### 4. **Fees and Commissions** - We may charge arrangement, consultancy, or broker fees, which will be clearly disclosed before any service agreement is made. - In some cases, we may receive commissions from lenders, which we may retain. ### 5. **No Guarantee of Funding** While we strive to match clients with suitable lenders, we do not guarantee loan approval, funding amounts, or interest rates. Final decisions rest solely with the lender. ### 6. **Confidentiality** All client data is handled in accordance with applicable data protection laws. We maintain confidentiality unless disclosure is required by law or with the client’s explicit consent. ### 7. **Third-Party Links** Our website or communications may include links to third-party websites. We are not responsible for the content, privacy practices, or services of such external sites. ### 8. **Limitation of Liability** To the fullest extent permitted by law, Hank Zarihs Associates shall not be liable for: - Any indirect, incidental, or consequential damages. - Loss of data, revenue, or profit arising from the use of our services. - Decisions made based on information or advice provided by us. ### 9. **Termination** We reserve the right to terminate services or agreements at our discretion if clients breach these terms or act fraudulently. ### 10. **Governing Law** These Terms are governed by and construed in accordance with the laws of \[Your Jurisdiction – e.g., England and Wales\]. Disputes will be subject to the exclusive jurisdiction of the courts in that jurisdiction. ### 11. **Amendments** We may update these Terms and Conditions at any time. Clients will be notified of material changes, and continued use of our services constitutes acceptance of the updated terms. **Tags:** Transparent Header --- ### [Subscribe Now](https://www.hankzarihs.com/subscribe-now/) **Published:** July 22, 2025 **Author:** Shiraz Khan --- ### [Newsletter](https://www.hankzarihs.com/newsletter/) **Published:** July 23, 2025 **Author:** Shiraz Khan **Content:** JOIN OUR NEWSLETTER And get notified everytime we publish a new blog post. Email Address By subscribing, you agree to our [privacy policy](https://noptin.com/privacy-policy/) and terms of service. **Categories:** Uncategorized --- ### [Auction Finance Calculator](https://www.hankzarihs.com/auction-finance-calculator/) **Published:** April 17, 2025 **Author:** Shiraz Khan **Content:** # Auction Finance Calculator . If you’re looking to purchase a property at auction – perhaps to refurbish, or to acquire the land to build upon – then you may need finance to complete the transaction. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### Bridging Loan Calculator Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nulla facilisi. Curabitur tincidunt, nunc vel tincidunt pretium, felis ligula feugiat neque, ac volutpat turpis velit et metus. Integer suscipit, justo a venenatis bibendum Purchase Price/Market Value (£): Loan to Value Required (LTV %): Loan Term (Months): Custom Value 3 6 9 12 24 36 48 Monthly Interest Rate (%): Custom Value 0.5 0.75 1.0 1.25 1.5 How will interest be paid: Serviced Deducted Lender fee (%): Broker Fee (%): Calculate Now Email Results to me Gross Loan (£) £ 300,000,000 Cost Per Month (£) £ 2,250,000 --- Rate Per Annum (%) 9.00% Cost Per Term (£) £ 27,000,000 Net LTV 55.80% The results provided by this calculator are estimates only. Actual loan terms, amounts, and rates may vary based on your specific circumstances and lender requirements. We recommend consulting with a financial advisor or lender for a detailed, personalized quote. Gross Loan: £ 300,000,000 Cost Per Month: £ 2,250,000 Cost Per Term: £ 27,000,000 Rate Per Annum: 9.00% Total Fees: £ 21,000,000 Net Loan: £ 279,000,000 Net LTV: 55.80% ×#### Send Result in Mail Full Name: Email Address: Send ##### TERMS SUMMARY ## Explanation of all Terms If you’re looking to purchase a property at auction – perhaps to refurbish, or to acquire the land to build upon – then you may need finance to complete the transaction. #### Table of Contents Our [auction finance calculator](/auction-finance-calculator/) can help you understand how much you might be able to borrow and how much it might cost when seeking finance for your auction property. There’s been a boom in the industry across recent years thanks to a resurgence in landlords and investors and government incentives to get back into development and refurbishment. Profits and yields have increased whilst demand shows no signs of slowing down either. Supply simply cannot keep up with demand in this respect, and it’s leading to a surge in interest. With property auctions increasing in popularity across the [UK many developers and property renovators](/development-finance/) are increasingly looking for flexible and specialist finance in order to fund their projects. [Auction finance](/auction-finance/) is similar to other types of bridging loans, but can vary depending on circumstances, so it’s worth getting a good idea of the costs first. This will also allow you to get a better idea of what type of mortgage you qualify for in the long run. ## How do I use the auction finance calculator? Firstly, for our quick calculator you’ll need to input which type of property you intend to purchase at auction whether that’s, for example, a residential property or a commercial property. Secondly enter the anticipated purchase price of the property. This doesn’t have to be 100% accurate. Finally, just enter the number of months you think you’ll need the finance for. For our manual calculator you’ll need to enter the same details again but also enter the Loan To Value (LTV), Rate in %, Lender fee in % and the Exit fee in % and this will give you an accurate read-out of what your **finance** will cost if you already know the terms you’re seeking. ## Typical auction finance rates The rates for your **auction** finance will vary depending on your circumstances but, by and large, you can expect to pay between 0.45% and 0.75% per month with a lender fee of 1% – 2% of the value of the loan. Auctions can be tricky to navigate when you know that you’ll need your initial loan to begin with before arranging an auction, so it makes sense to know the rates you may pay. Again, auction finance, bridging **loans** and arranging a mortgage will depend on circumstances so it’s also worth speaking to an experienced member of the team who can give you more details. ### How does auction finance work? When purchasing property at auction you’ll need to pay an amount up front, typically 10%, to secure the property with the remaining balance required within 28 days. Finance can often help with this and, especially, a **bridging** loan helps many investors to cover the initial outlay in a specialist short-term loan before looking at a mortgage later down the line, and the value you may qualify for. Once you contact an intermediary, they’re then able to get more details about the finance you need and, in most cases, if you meet the criteria, this can be arranged for you quickly. You can let them know how long you think you’ll need the finance for, and an agreement is then signed for the funding. Using a finance **calculator** can help you get an idea of what to expect. ## How to finance auction properties Ultimately, when you’re looking to finance your auction property through a loan, you’ll want to find the best rates over the shortest term until you can agree a mortgage or alternative finance. There are a handful of companies and finance investors who specialist in this type of loan but more often than not it’s laborious and time consuming to approach them individually and so many turn to intermediaries to search the market for the best rates and a good loan on their behalf. Our advice is to speak to a specialist team member who can understand your project in detail first and foremost before submitting your application to a panel of lenders that can then provide you with a quote and time scale for your funding, allowing you to make the best decision. Once that funding has been acquired and you know your budget, you’re then able to attend auctions much better equipped. ### Advantages of using bridging loans to buy auction properties Buying at auctions can be a tricky business but for those investors who are experienced and know what they’re doing there’s some seriously good business to be done at auction. Due to the quick and unpredictable nature of auction, however, specialist finance is often required for investors. Auction finance and bridging loans can be the answer and these types of application can be made quickly, often being approved within 24 hours with funding released within days. It also means you can bid with confidence knowing that you have a bridging loan in place already before securing a mortgage afterwards. It allows you to attend auctions much more confidently. Auction finance can also be used for different types of **property** whether it’s residential, commercial or land. With it being a short term loan, too, it means very reasonable rates and arrangement fees. ### Why should I use auction finance? Whether you should use a loan to fund your property purchase at auction will depend on your situation. Often, however, investors tend to take these types of bridging loans in order to ensure that they have the funds available to them to bid confidently. After they’ve secured the property and paid the deposit or **full amount**, they’ll then go on to arrange a mortgage whether that’s residential or a Buy-To-Let mortgage, for example. If you don’t have access to the funds available and want to purchase a great deal at auction, then this type of bridging finance can be very attractive. ### Property needs to be paid for within 28 working days As mentioned earlier a loan is often required when considering auction finance because the property needs to be completed and paid for within 28 days or this could result in the loss of the purchase. Auctions move quickly and this often requires a loan to move at pace to secure your investment and, subsequently, your mortgage too once the sale has been completed. ### Loans approved quickly Due to the fast paced nature of getting a bridging loan or a property loan once you’ve purchased one many lenders are keen to get your application processed quickly. This often means that you can get a bridging loan approved within days or even hours depending on your background. ### Bridging finance can be used against property One of the other benefits of this type of loan is that it can be secured against other properties you have if you’re looking to secure a larger amount or secure quicker funding for your purchase. ### Speak to our brokers today Ultimately, approval for your loan application will be dependent on your circumstances, but luckily, we have a hugely experienced team of brokers that know exactly what our lending panel require and what they’re looking for. Through our long established relationships in the loan industry, we’re also able to secure exclusive rates and deals for our clients. If you’re experienced in buying property then you’ll know that these types of specialist loan can vary from lender to lender and, as such, we’re able to navigate this for you by finding exactly the right deal for you. Through our experience we’re also able to ensure that your application is in the best shape it can be to be approved, as we know exactly what our panel require. This also means we can get you approval as quickly as possible before you’re ready to go and bid along with other types of investor. Our calculator that’s located above also means that you can get a really good idea of what the costs and implications are for you and if you’d like to use our manual calculator you can play around with more specific variable such as interest rate. ##### WHAT IS BRIDGING FINANCE? ## Bridging Finance & How does it work? Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ What is bridging finance & how does it work? You may have heard about bridging loans in the context of property investment or moving house, but what exactly are they? Basically, [bridging finance](/fast-bridging-finance/) is a type of short-term loan that allows a buyer to purchase a property before their existing home or investment property is sold. As the name suggests, it ‘bridges’ the funding gap in the lag between purchase and sale – offering rapid access to the necessary purchase funds for a brief period of time. Borrowers can access from £5,000 to £250 million, depending on applicant status, the value of the property and other lender criteria. Higher lending amounts are typically reserved for borrowers who can put up several properties as security. Quotes are provided on a Loan to Value (LTV) of 65%-80% in most situations. What are the typical uses of bridging loans? Bridging loans can be used in a number of situations. For example: 1. When people are moving home in a chain, with a gap between completion dates (e.g. needing to pay for the new property before receiving funds on the completed old property). 2. When property investors or private buyers renovate a home and want a rapid sell-on. 3. When an individual is looking to buy a property at an auction. 4. When property investors and developers are looking to pay a tax bill 5. When buyers want to secure finance against an uninhabitable property. This type of finance can be used by homeowners, landlords and property developers alike. Are bridging loans a good idea? The bridging finance market has grown rapidly, with a number of small and focused lenders now on the market, catering for specialist property finance needs. The market has changed because large high-street lenders have become less willing (and sometimes less able) to lend ever since the financial crisis of 2008. As to whether a bridging loan for property development, auction purchase or private home buying is a good idea, it depends on a variety of factors. Bridging loan requirements vary by lender, but each will have certain common features that need to be considered. The most notable feature of this type of finance is that the interest rate is likely to be high. At the same time, there are typically high administration fees applied to the loan. Because of this, it is essential to proceed very carefully and with a full view of the facts. Borrowers have been burned by this type of loan in the past, in instances where transactions have fallen through, or where lenders have turned out to be unscrupulous and untrustworthy. What are the various pros and cons of bridging finance? Benefits of instant bridging loans 1\. Rapid access to money 2\. Ability to borrow large sums – often up to £250 million depending on applicant status 3\. Options for flexible borrowing. Possible downsides of bridging loans: 1\. Failure to understand the unique features of these loans can result in financial risk 2\. Bridging finance is secured against your property; meaning it can be sold if you can’t meet the repayment terms 3\. A costly option with fees and higher interest What is the interest rate on a bridging loan? Bridging finance interest rates will vary by lender. However, interest costs of 1.5% a month are not unusual, which can equate to an annual percentage rate of 18%. Fixed or variable rate? Bridging loans may have fixed or variable interest rate features. Fixed interest rates are ideal for customers who want stability, as they offer the same amount of interest for the duration of the term. The rate is pre-agreed, but there may be a premium for this security. The other choice is to have a variable rate bridging loan which can change with the base rate. However, you can save money if the base rate decreases. Borrowers who are less concerned about security sometimes prefer the variable rate option if they believe that the financial markets will travel in their favour. Knowledge and market insight is required here, along with a thorough understanding of personal risk tolerance. If interest rates appear to be rising, most customers will choose the fixed interest rate to lock it in and avoid further increases in the event of a base rate rise. Repaying interest on a bridging loan? Bridging loan periods tend to be for several months and there are usually different options for paying the interest portion. Monthly repayments The customer repays the interest every month as a separate payment, rather than adding it to the outstanding balance Rolled-up bridging finance deals The compound interest is calculated monthly but added to the outstanding loan balance and paid together when repayment is due. Retained interest The monthly interest payment due is covered up to a predefined date so that the full sum is only repaid when monies are due. Fees and other costs? As well as interest payments, there will be an arrangement fee for the set-up of the bridging loan, which is usually around 1-2%. A repayment fee for exit paperwork may also apply, along with valuation fees for the cost of the surveyor. How long can you have a bridging loan for? Remember, this type of finance is designed to be short-term. As soon as it extends beyond the agreed interim or bridging period, penalties can rapidly stack up. Typically, bridging finance is available for 1 – 18 months. Are there different types of bridging loan? Yes, there are two broad types: closed bridging finance and open bridging finance. With closed bridging finance you will tell the lender how you will repay the loan – with what funds and when. These loans usually complete within a few months and the clear exit plan is required as a lending condition. Open bridge finance won’t usually need this type of exit plan, and it is typically the loan of choice when funds are needed urgently to complete a property transaction. No detailed plan is needed to explain how the debt will be settled, and the finance tends to be offered for up to a year. Of course, it’s important to note that interest will keep being applied throughout this period. There are also first charge bridging loans and second charge bridging loans. If you have a loan against a property which is already mortgaged, you’d take out a second charge loan. An example of this would be if you were planning to finance a property extension to improve the property. The categorisation tells the lenders who will have legal priority for repayment if the loan was unable to be paid off at the term-end. First charge loans apply if the new loan is the first secured on the property. Can I get a bridging loan? Bridging loan requirements will depend on the lender. Often, lenders will require that: Customers must also take out their property mortgage with them too, providing the bridge finance as an interim measure before the standard mortgage comes into play. Property is put forward as security against the loan. Some lenders expect applicants to have more than one property in order to be eligible for their bridging finance products, but this will depend on the lender and the size of the loan. Applicants show proof of income – although, interestingly, as loan interest isn’t repaid monthly, some lenders do not request this. The applicant shows evidence of their property investment track record if they are planning to develop their purchased property. The applicant can show a business plan if they are using the bridging loan for commercial purposes. What are the alternatives to bridging loans? Development loans are another type of short-term property development loan. They are repaid in stages and calculated on the gross value of the development. Personal loans are another option, as are remortgages when timescales are more flexible and a long-term loan is desirable. Tips for success when applying for instant bridging loans? Use a bridge loan calculator Ask for your lender to provide a tailored bridge finance example or illustration around your particular borrowing needs. Think carefully about the type of bridging loan that you need – whether open bridge finance or closed bridge finance. Know whether the loan is a first or second charge type. Clarify whether the interest rate is fixed or variable. Review products from several lenders. Be clear on your security. Read the small print! Who provides bridging finance? Bridging loans are offered by banks, building societies, specialist lenders and brokers. They aren’t widely advertised and usually require a direct application by the customer to find out the product features and offers. Once you have made an application, a decision will usually be made within 24 hours. The funds then will take around two weeks to be issued, including time for checks to be carried out, the valuation and the actual transfer. Keen to find out more? Hank Zarihs are highly experienced and specialist financial intermediaries operating in the property development market. We work with a tried and tested panel of over 60 trusted lenders and can provide excellent bridging finance with attractive features. Contact us to find out more. ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Your Success, Our Story [ ![Trustpilot](https://www.hankzarihs.com/wp-content/uploads/2024/09/Trustpilot.png "Trustpilot - Bridging and Development Finance Solutions")](https://uk.trustpilot.com/review/hankzarihs.com) [ ![Google r](https://www.hankzarihs.com/wp-content/uploads/2025/04/Google-r-1024x524.png "Google-r - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### 600+ ##### HAPPY CLIENTS #### £1B+ ##### DEALS FUNDED ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! [ Check out our Case Studies ](/case-studies/) ##### AREAS WE COVER ## Areas We Have Helped Clients for Auction Finance Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - [ Birmingham ](/birmingham/) - [ Bournemouth ](/bournemouth/) - [ Brighton ](/brighton/) - [ Bristol ](/bristol/) - [ Cardiff ](/cardiff/) - [ Coventry ](/coventry/) - [ Derby ](/derby/) - [ Edinburgh ](/edinburgh/) - [ Glasgow ](/glasgow/) - [ Leeds ](/leeds/) - [ Leicester ](/leicester/) - [ Liverpool ](/liverpool/) - [ London ](/london/) - [ Manchester ](/manchester/) - [ Middlesbrough ](/middlesbrough/) - [ Newcastle ](/newcastle/) - [ Northampton ](/northampton/) - [ Poole ](/poole/) - [ Portsmouth ](/portsmouth/) - [ Plymouth ](/plymouth/) - [ Reading ](/reading/) - [ Sheffield ](/sheffield/) - [ Southampton ](/southampton/) - [ Stoke ](/stoke/) - [ Wolverhampton ](/wolverhampton/) **Tags:** Transparent Header --- ### [Careers](https://www.hankzarihs.com/careers/) **Published:** October 10, 2025 **Author:** Shiraz Khan **Content:** # Careers at Hank Zarihs Associates . At Hank Zarihs Associates, we’re more than a leading property finance intermediary — we’re a team of driven professionals who thrive on making deals happen and helping clients realise their property ambitions. We’re currently expanding our team and looking for motivated, talented, and ambitious individuals to join us. Whether you’re an experienced professional or a graduate eager to learn, we’d love to hear from you. #### Current Opportunities We’re particularly interested in candidates with experience in: - **Debt Advisory** – helping clients structure and secure the right funding solutions - **Commercial Mortgage Underwriting** – assessing and managing complex property finance cases - **Administration** – supporting our operations and ensuring a seamless client experience - **Real Estate** – individuals with a background in property investment, development, or agency #### Why Join Us - Be part of a fast-growing, dynamic company at the heart of UK property finance - Work alongside industry experts and learn from the best - Enjoy a collaborative and supportive environment with opportunities for growth - Competitive remuneration and performance-based rewards ### Graduates Welcome If you’re a recent graduate with a passion for property, finance, or real estate, we’ll provide the training, mentorship, and hands-on experience to help you build a successful career in the industry. ### How to Apply Send your CV and a short cover letter outlining your experience or interest in property finance to with the subject line: “Application – [Role Title]”. ##### WE WILL FUND YOUR PROJECT! ## Book a Call Today Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - Appointments 7 days a week - From 7am till 10pm - No obligation - Terms issued within minutes - Friendly and experienced advisors - Ask all the questions you need! ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Your Success, Our Story [ ![Trustpilot](https://www.hankzarihs.com/wp-content/uploads/2024/09/Trustpilot.png "Trustpilot - Bridging and Development Finance Solutions")](https://uk.trustpilot.com/review/hankzarihs.com) [ ![Google r](https://www.hankzarihs.com/wp-content/uploads/2025/04/Google-r-1024x524.png "Google-r - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### 600+ ##### HAPPY CLIENTS #### £1B+ ##### DEALS FUNDED ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! [ Check out our Case Studies ](/case-studies/) ##### AREAS WE COVER ## Areas We Have Helped Clients for Auction Finance Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - [ Birmingham ](/birmingham/) - [ Bournemouth ](/bournemouth/) - [ Brighton ](/brighton/) - [ Bristol ](/bristol/) - [ Cardiff ](/cardiff/) - [ Coventry ](/coventry/) - [ Derby ](/derby/) - [ Edinburgh ](/edinburgh/) - [ Glasgow ](/glasgow/) - [ Leeds ](/leeds/) - [ Leicester ](/leicester/) - [ Liverpool ](/liverpool/) - [ London ](/london/) - [ Manchester ](/manchester/) - [ Middlesbrough ](/middlesbrough/) - [ Newcastle ](/newcastle/) - [ Northampton ](/northampton/) - [ Poole ](/poole/) - [ Portsmouth ](/portsmouth/) - [ Plymouth ](/plymouth/) - [ Reading ](/reading/) - [ Sheffield ](/sheffield/) - [ Southampton ](/southampton/) - [ Stoke ](/stoke/) - [ Wolverhampton ](/wolverhampton/) **Tags:** Transparent Header --- ### [Our Services](https://www.hankzarihs.com/our-services/) **Published:** June 16, 2025 **Author:** Shiraz Khan **Content:** ##### TAILORED FUNDING SOLUTIONS # Our Services . Our core focus is offering fast solutions, financial products that deliver results, and the highest of service levels. If you would like to find out more please contact us to discuss your funding requirements. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) ## 01 ### Auction Finance - Fast Auction Funding - Immediate Bid Support - Secure Property Quickly [ Apply Now ](/auction-finance/) [ ](/auction-finance-calculator/) [ ](/auction-finance/) [ learn more ](/auction-finance/) ## Auction Finance ## 02 ### Bridging Finance - Fast Funding Solutions - Short-Term Loans - Flexible Repayment Terms [ Apply Now ](/bridging-loan-broker/) [ ](/bridging-loan-calculator/) [ ](/bridging-loan-broker/) [ learn more ](/bridging-loan-broker/) ## Bridging Finance ## 03 ### Development Finance - Fund property projects - Support construction growth - Boost development potential [ Apply Now ](/development-finance/) [ ](/development-finance-calculator/) [ ](/development-finance/) [ learn more ](/development-finance/) ## Development F.. ## 04 ### Buy-to-Let Finance - Invest in property - Rental income support - Landlord funding solutions [ Apply Now ](/buy-to-let-mortgages-for-non-uk-residents/) [ ](/buy-to-let-mortgage-calculator/) [ ](/buy-to-let-mortgages-for-non-uk-residents/) [ learn more ](/buy-to-let-mortgages-for-non-uk-residents/) ## Buy-to-Let Fin.. ## 05 ### Equity/JV Funding - Share investment risk - Partner for growth - Flexible funding partnership [ Apply Now ](/joint-venture-property-finance/) [ ](/joint-venture-property-finance/) [ learn more ](/joint-venture-property-finance/) ## Equity/JV Fund.. ## 06 ### 2nd Charge Finance - Unlock property equity - Flexible funding option - Quick secondary loan [ Apply Now ](/second-charge-bridging-loans/) [ ](/second-charge-bridging-loans/) [ learn more ](/second-charge-bridging-loans/) ## 2nd Charge Fin.. ## 07 ### Commercial Mortgage Broker - Expert property financing - Tailored lending solutions - Business mortgage specialists [ Apply Now ](/commercial-mortgage-broker/) [ ](/commercial-mortgage-calculator/) [ ](/commercial-mortgage-broker/) [ learn more ](/commercial-mortgage-broker/) ## Commercial Mo.. ## 08 ### HMO Mortgages – Hankzarihs - Competitive HMO rates - Specialist landlord finance - Multi-let property support [ Apply Now ](/hmo-mortgages/) [ ](/hmo-mortgage-calculator/) [ ](/hmo-mortgages/) [ learn more ](/hmo-mortgages/) ## HMO Mortgages ## 09 ### Refurbishment Bridging Loan - Fast property renovation - Short-term refurbishment finance - Boost property value [ Apply Now ](/refurbishment-bridging-loan/) [ ](/refurbishment-bridging-loan/) [ learn more ](/refurbishment-bridging-loan/) ## Refurbishment .. ## 10 ### Fast Bridging Finance - Quick property funding - Speedy loan approval - Instant bridging solutions [ Apply Now ](/fast-bridging-finance/) [ ](/fast-bridging-finance/) [ learn more ](/fast-bridging-finance/) ## Fast Bridging Fi.. ## 11 ### Non Status Bridging Loans - No income proof - Credit history ignored - Flexible lending criteria [ Apply Now ](/fast-non-status-bridging-loans/) [ ](/fast-non-status-bridging-loans/) [ learn more ](/fast-non-status-bridging-loans/) ## Non Status Brid.. ## 12 ### Residential bridging loans - Fast home financing - Short-term property funding - Bridge residential gaps [ Apply Now ](/residential-bridging-loan/) [ ](/residential-bridging-loan/) [ learn more ](/residential-bridging-loan/) ## Residential bri.. ## 13 ### Large Bridging Loans - High-value property funding - Fast large-scale finance - Flexible loan solutions [ Apply Now ](/large-bridging-loans/) [ ](/large-bridging-loans/) [ learn more ](/large-bridging-loans/) ## Large Bridging L.. ## 14 ### Light Refurbishment Mortgage - Property Upgrade Finance - Quick Project Funding - Flexible Lending Terms [ Apply Now ](/light-refurbishment-mortgage/) [ ](/light-refurbishment-mortgage/) [ learn more ](/light-refurbishment-mortgage/) ## Light Refurbish.. ## 15 ### Heavy Refurbishment Finance - Major Renovation Funding - Structural Project Support - Specialist Property Finance [ Apply Now ](/heavy-refurbishment-loans/) [ ](/heavy-refurbishment-loans/) [ learn more ](/heavy-refurbishment-loans/) ## Heavy Refurbis.. ## 16 ### Unregulated Bridging Loans - Fast Cash Access - No FCA Oversight - Flexible Loan Terms [ Apply Now ](/unregulated-bridging-loans/) [ ](/unregulated-bridging-loans/) [ learn more ](/unregulated-bridging-loans/) ## Unregulated Bri.. ## 17 ### Regulated Bridging Loans - FCA Compliant Lending - Residential Property Finance - Short-Term Solutions [ Apply Now ](/regulated-bridging-loans/) [ ](/regulated-bridging-loans/) [ learn more ](/regulated-bridging-loans/) ## Regulated Brid.. ## 18 ### Commercial Bridging Loans - Business Property Finance - Short-Term Fundingy - Fast Loan Approval [ Apply Now ](/commercial-bridging-loans/) [ ](/commercial-bridging-loans/) [ learn more ](/commercial-bridging-loans/) ## Commercial Bri.. ## 19 ### Hotel Finance – Hankzarihs - Hospitality Project Funding - Tailored Loan Solutions - Quick Capital Access [ Apply Now ](/hotel-finance/) [ ](/hotel-finance/) [ learn more ](/hotel-finance/) ## Hotel Finance .. ## 20 ### Buy To Let Mortgage Brokers - Investor-Focused Lending - Rental Property Finance - Expert Broker Support [ Apply Now ](/buy-to-let-mortgages-property-rates/) [ ](/buy-to-let-mortgages-property-rates/) [ learn more ](/buy-to-let-mortgages-property-rates/) ## Buy To Let Mort.. ## 21 ### VAT Loans – Hankzarihs - Cover VAT Payments - Improve Cash Flow - Fast Loan Approval [ Apply Now ](/vat-loans/) [ ](/vat-loans/) [ learn more ](/vat-loans/) ## VAT Loans – Ha.. ## 22 ### Buy To Let Portfolio Mortgages - Multiple Property Finance - Streamlined Portfolio Lending - Maximise Rental Returns [ Apply Now ](/buy-to-let-portfolio-mortgages/) [ ](/buy-to-let-portfolio-mortgages/) [ learn more ](/buy-to-let-portfolio-mortgages/) ## Buy To Let Portf.. ## 23 ### Senior Debt – Hankzarihs - Priority Loan Funding - Low-Risk Lending - Secure Capital Access [ Apply Now ](/senior-debt/) [ ](/senior-debt/) [ learn more ](/senior-debt/) ## Senior Debt – H.. ## 24 ### Stretched Senior Debt - Higher Leverage Loans - Enhanced Funding Flexibility - Bridging Equity Gap [ Apply Now ](/stretched-senior-debt/) [ ](/stretched-senior-debt/) [ learn more ](/stretched-senior-debt/) ## Stretched Senio.. ## 24 ### Construction Loans – Hankzarihs - Ground-Up Funding - Stage-Based Drawdowns - Flexible Loan Terms [ Apply Now ](/construction-loans/) [ ](/construction-loans/) [ learn more ](/construction-loans/) ## Construction L.. ## 25 ### Mezzanine Finance Lenders - 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[ Start Online Application ](#) - [ Get a Call Back ](#) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) The number of new landlords entering the UK property recently has sky rocketed thanks to a number of contributing factors. Certainly, if you’ve been reading the papers recently, and more specifically the **finance** pages, you’ll have seen yourself the level of coverage given to the success of UK property recently. Demand has been rising for some time now, however, following the pandemic the drive for younger renters to move into bigger space, or just their own space, has exploded in part thanks to the amount of time that many younger people have been forced to spend so much time indoors with family or roommates. This has, in turn, placed an upward pressure on prices as supply struggles to keep pace with this demand. Prices across the UK have risen somewhere in the region of 8% or more just in 2020. Due to the increasing demand in rental properties this has meant that rents have also grown significantly too. Consequently, yields have then grown to their highest rates in decades. It goes without saying that it’s a good time to be a landlord right now, however, there has been an enormous surge in popularity for HMO and HMO mortgages. An HMO is a House in Multiple Occupation, which is where a singular property has been split into separate dwellings. An example where a 5-bedroom house has been developed and split into 5 separate rooms with a lockable door, access to a bathroom, and access to a kitchen. In recent years more and more people are looking to invest in HMO, so we’ve put together a short guide if this is something you’ve been looking at. HMO mortgages for first time landlords can be difficult to agree with traditional lenders, however, as an experienced broker, we’re able to talk you through the process and assist you. ## Can I get an HMO mortgage with no letting experience? It’s not as easy as when you’ve got experience as a landlord, but yes, it’s certainly possible to get an HMO mortgage with little or no experience. There are, of course, some criteria that you’ll be expected to meet as a new landlord with no experience, as this will make you a riskier investment than somebody who’s managed a HMO property before, however, HMO mortgages can be agreed for new landlords and it’s something we’re able to help with. We’ll cover some things to consider later in the guide if you’re thinking about an HMO mortgage, however, you should understand that you’ll have less choice between lenders as a first-time landlord. ### HMO Mortgage Calculator To help give you a better idea of what to expect we’ve built a calculator to illustrate what you may pay depending on your deposit, the amount you’re looking to borrow, the interest rate charged and the length of time you’re looking to borrow the money over. All the fields are adjustable for the HMO mortgage calculator, and you can move them and change them to see how it could affect your affordability for a first-time HMO. ## Can first time buyers get an HMO mortgage? Yes, as a first-time buyer you can get a HMO mortgage, however, you’ll be in a similar situation to first-time landlords, in that your choice of lenders may be slimmer, and the interest rate could be higher, as you’ll be considered a higher risk. Many first-time buyers decide to put their money into property investments rather than into an owner occupier property as long term investment, and to earn a rental income. As a general rule of thumb you can expect to need a deposit of 35%, however, with a good personal credit rating and a good income you may qualify for a Loan To Value (LTV) of 70%, but this is something that can be discussed with a broker if you require more information. ## Can I get a live in landlord HMO mortgage? Yes you can, and if you decide to live in the property with your tenants then this doesn’t change the fundamentals of an HMO mortgage in that the criteria and terms remain the same and you are applying for the same product. Landlords can live in their properties and it is classed as an HMO if you have more than two non-family members living in the **property**, any less and it isn’t technically an HMO anyway. ## Are HMOs a good investment? Strictly speaking, any property is a good investment, for a number of reasons. There isn’t any 5 year period in the past 50 years that house prices haven’t increased in the UK and, on current trends, more people than ever are going to be looking to rent property in the next few decades as those prices continue to increase and property supply struggles to keep pace. Property has been an extremely good investment in recent years, and owning an HMO is very profitable if the rental yields are good. If you’re splitting that rental income into two, three, four or even five then the yield increases markedly and can make for a very good income. Of course, everybody’s situations are different, and you should consider your affordability and the fact that an HMO can be a lot more work than a simple **buy-to-let**, but on the whole, yes, they are. ### HMO mortgage rates Rates and interest for HMO mortgages will, of course, vary between different lenders, and also according to your circumstances, your experience and your credit rating, however, we can give you a rough idea of what to expect should you be accepted for one of our lenders’ HMO mortgages. The key features of these HMO mortgages are that you can get lending up to 75% Loan To Value (LTV), annual rates up to 3.90%, your interest is charged daily, the minimum amount is £250,000, there are no Early Repayment Charges (ERC), maximum term is 25 years, your property will be valued at the Open Market Value (OMV), and maximum loan amount is £25,000,000. Your rate of interest will depend on your LTV. If you take out HMO mortgages at 65% LTV you’ll pay 3.59% annual rate, if you take out 70% LTV you’ll pay 3.69% and if you take out a 75% LTV loan for HMO, you’ll pay 3.90% annual rate. ### Can I get an HMO mortgage on a SPV? Yes, you can. An SPV is a Special Purpose Vehicle, which is a form of company that you can form specifically to invest into, and manage, properties. It’s considered more tax efficient, and many of our clients consider it easier to have an SPV with the specific purpose of managing a property or properties in a portfolio. As an SPV, you can arrange a first mortgage for an HMO, however, other criteria will come into play such as your experience, the team around you, the property itself, your personal credit rating, and perhaps what security you may be able to offer. That being said, it’s something you can discuss in more detail with a broker who has good experience of HMOs and SPVs as well as mortgages. ## What to consider for first time landlords Earlier in this guide we’d mentioned there were some further things to consider, and here are a few things to keep in mind when considering: - Fire safety and other standards: If you’re converting an HMO or buying an HMO, you’ll need to ensure that it complies with all safety standards, including fire safety. Things like fire doors, fire extinguishers, a fire escape, and other safety measures need to be in place, up to date and in place. If they’re not then not only can they be expensive to implement, you could be heavily fined for not having them. - Affordability: This is really key. When you’re looking at a mortgage application, you need to ensure that you’re being honest about your affordability and your budgeting. Being unable to make your mortgage repayments can have serious repercussions. - The property: Is it right or is it available? These are two separate things, and you need to ensure that you’re getting a property that’s right for HMO (available space, etc), that’s in a good location (Urban areas near cities or student areas, for example), and in a good state of repair. - Workload: First time landlords may find that a buy-to-let can be harder work than they thought, but an HMO can be even harder work considering you’re taking responsibility for at least 2 tenants, and up to 10 different tenants depending on the property. The paperwork, management and maintenance can be hard work. - Your tax implications: We’ve already discussed the benefits of an SPV, but if this your first buy-to-let or HMO, then you probably need to speak to an accountant to ensure that you’re aware of all your tax liabilities and responsibilities, as this can become complicated. #### Speak to our HMO mortgage brokers Our team of brokers are the best in the business. They’ve got the experience to help you from start to finish and advise you of everything you need to know. They’ve got great relationships with all of our lenders on our panel, and we’ll ensure that you get the absolute best rates available to you. If you’re interested in taking on an HMO, then get in touch with us today. **Tags:** Transparent Header --- ### [How Does Auction Finance Work?](https://www.hankzarihs.com/how-does-auction-finance-work/) **Published:** April 17, 2025 **Author:** Shiraz Khan **Content:** # How Does Auction Finance Work? - [ Start Online Application ](#) - [ Get a Call Back ](#) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) As the UK property market has flourished in the wake of the pandemic, and with global equity markets and traditional investment vehicles volatile, it has meant that many investors are now turning to the UK market and are looking more specifically at opportunities that may arise from auction properties and property that can be renovated. This has also meant a great deal more interest in property auctions and the potential they hold as an investment opportunity. Many auction houses are seeing record traffic and interest from buyers and investors, and subsequently, people also looking for finance for these investment opportunities. In quite simple terms, to buy a property at auction you must pay a 10% deposit on the property on the day that you win it, and then in the vast majority of circumstances the remaining balance must be paid within 28 days. A lot of our clients comes to us because they are unable to arrange a mortgage in such a short space of time, and so require short-term finance, or [auction finance](https://www.hankzarihs.com/auction-finance/), in order to cover the gap. We ourselves have seen a marked increase in interest in taking out auction **finance** in order to fund a property purchase, and so we’ve put together a short guide for you here to talk you through the process and answer the question [how does auction finance work](https://www.hankzarihs.com/how-does-auction-finance-work/)? ### Step One ![auction property finance](https://www.hankzarihs.com/wp-content/uploads/2025/04/ac-f-house.jpg "- Bridging and Development Finance Solutions")The first step is to speak to one of our brokers or advisors about your finance options. They’ll need to understand what sort of price range you’re looking at purchasing as well as what sort of deposit you have available. Usually, this type of loan will cover up to 75% of the auction or open market price, whichever is lower, so that means you’ll need at least a 25% deposit before even looking at properties. Once we can broadly understand your circumstances, your financial position, and your history, we can help you decide your price range. ### Step Two Once you’ve understood your budget and what you can qualify for you can decide on your next step of whether you’d like the finance, or *auction* finance, to cover the cost of the 10% deposit on the day or whether you’d like to use your own money. If you’re looking at using finance to pay for the deposit on the day then you’ll need to agree something in principle with one of our panel of lenders, as well as the arrangement fee, before attending an auction and bidding. If you’re looking to use your own money then you can attend an auction, bid, and pay your deposit on the day and come to an agreement in principle afterwards. ### Step Three Depending on your choice in step two, you’ll now be in a position where you’ve won your auction and paid the initial deposit on the day. Once that’s done, the next stage is to finalise the paperwork, complete all the necessary admin and then have the funding transferred over to you so that you can repay the remaining balance on the property. The property then becomes yours, and the finance company will usually take out a first charge on the **property**, meaning that if you fail to repay the loan, they have the property as security. ## Now you need funding for auction properties It’s important to understand what you’ll need before you can make an agreement in principle. Any auction finance company will want to know some details about you. They’ll want to know firstly how much cash you have available for a deposit, and whilst this can vary between different finance providers, it’s useful to work on the assumption you’ll require at least 25% of the property price. Then the loan company will want to know how you intend to repay the loan. Are you looking to flip the property straight away after some minor renovations? Are you going to be arranging a mortgage? It’s important that you know how you’ll pay the loan back. ### Auction Finance calculator To help give you an understanding of how much this type of loan auction would function, we’ve included a handy [auction finance calculator](https://www.hankzarihs.com/auction-finance-calculator/) that will allow you to change the amount, term, and interest rate to get a better idea of what it would cost. ### Our brokers can help arrange finance for buying at auction We have a team of extremely experienced brokers who can help you every single step of the way, so it’s highly recommended that if you’re interested you get in touch with them first. ### Can I buy a property at auction subject to finance? Yes you can, but as mentioned earlier, many auctions will expect you to pay a holding deposit on the day, so you need to be confident of the outcome and that you’re in a good position to complete your finance once the property has been purchased. If you’re unsure you should speak to a broker first. ### Does 100% Auction finance exist? In short, no, in that it’s far too risky for most lenders to offer [bridging loans](https://www.hankzarihs.com/bridging-loan-broker/) or a loan to fund an auction property to 100% of the value of the property at auction or on the open market, you’ll need a deposit in the vast majority of cases. #### Speak to our brokers about loans for auction property today! We have a team of highly experienced brokers and advisors who can talk you through this process in greater detail and help you all the way. We’ve got a huge and diverse panel of lenders who can offer our clients great and exclusive rates and terms on a loan or *bridging loan*. Why not pick up the phone or email one of our team today who can answer any and all of your questions about how we can help, and remember, in many cases we can have your loan arranged within a matter of days, so if you’ve seen a property you’re keen on then don’t waste any time. **Tags:** Transparent Header --- ### [Custom Calculator](https://www.hankzarihs.com/custom-calculator/) **Published:** May 8, 2025 **Author:** Shiraz Khan **Content:** ##### FINANCIAL TOOL ## Bridging Loan Calculator Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nulla facilisi. Curabitur tincidunt, nunc vel tincidunt pretium, felis ligula feugiat neque, ac volutpat turpis velit et metus. Integer suscipit, justo a venenatis bibendum #### Bridging Loan Calculator Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nulla facilisi. Curabitur tincidunt, nunc vel tincidunt pretium, felis ligula feugiat neque, ac volutpat turpis velit et metus. Integer suscipit, justo a venenatis bibendum Purchase Price/Market Value (£): Loan to Value Required (LTV %): Loan Term (Months): Custom Value 3 6 9 12 24 36 48 Monthly Interest Rate (%): Custom Value 0.5 0.75 1.0 1.25 1.5 How will interest be paid: Serviced Deducted Lender fee (%): Broker Fee (%): Calculate Now Email Results to me Gross Loan (£) £ 300,000,000 Cost Per Month (£) £ 2,250,000 --- Rate Per Annum (%) 9.00% Cost Per Term (£) £ 27,000,000 Net LTV 55.80% The results provided by this calculator are estimates only. Actual loan terms, amounts, and rates may vary based on your specific circumstances and lender requirements. We recommend consulting with a financial advisor or lender for a detailed, personalized quote. Gross Loan: £ 300,000,000 Cost Per Month: £ 2,250,000 Cost Per Term: £ 27,000,000 Rate Per Annum: 9.00% Total Fees: £ 21,000,000 Net Loan: £ 279,000,000 Net LTV: 55.80% ×#### Send Result in Mail Full Name: Email Address: Send #### Bridging Loan Calculator Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nulla facilisi. Curabitur tincidunt, nunc vel tincidunt pretium, felis ligula feugiat neque, ac volutpat turpis velit et metus. Integer suscipit, justo a venenatis bibendum Purchase Price/Market Value (£): Loan to Value Required (LTV %): Loan Term (Months): Custom Value 3 6 9 12 24 36 48 Monthly Interest Rate (%): Custom Value 0.5 0.75 1.0 1.25 1.5 How will interest be paid: Serviced Deducted Lender fee (%): Broker Fee (%): Calculate Now Email Results to me Gross Loan (£) £ 300,000,000 Cost Per Month (£) £ 2,250,000 --- Rate Per Annum (%) 9.00% Cost Per Term (£) £ 27,000,000 Net LTV 55.80% The results provided by this calculator are estimates only. Actual loan terms, amounts, and rates may vary based on your specific circumstances and lender requirements. We recommend consulting with a financial advisor or lender for a detailed, personalized quote. Gross Loan: £ 300,000,000 Cost Per Month: £ 2,250,000 Cost Per Term: £ 27,000,000 Rate Per Annum: 9.00% Total Fees: £ 21,000,000 Net Loan: £ 279,000,000 Net LTV: 55.80% ×#### Send Result in Mail Full Name: Email Address: Send --- ### [Contact Us](https://www.hankzarihs.com/contact-us/) **Published:** April 24, 2025 **Author:** Shiraz Khan **Content:** # Contact Us . To receive a call from our team please fill in the below form or contact us directly for any inquiry that you might have. You can refer to our services page to learn more about us. 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You may have heard about bridging loans in the context of property investment or moving house, but what exactly are they? Basically, [bridging finance](/fast-bridging-finance/) is a type of short-term loan that allows a buyer to purchase a property before their existing home or investment property is sold. As the name suggests, it ‘bridges’ the funding gap in the lag between purchase and sale – offering rapid access to the necessary purchase funds for a brief period of time. Borrowers can access from £5,000 to £250 million, depending on applicant status, the value of the property and other lender criteria. Higher lending amounts are typically reserved for borrowers who can put up several properties as security. Quotes are provided on a Loan to Value (LTV) of 65%-80% in most situations. What are the typical uses of bridging loans? Bridging loans can be used in a number of situations. For example: 1. When people are moving home in a chain, with a gap between completion dates (e.g. needing to pay for the new property before receiving funds on the completed old property). 2. When property investors or private buyers renovate a home and want a rapid sell-on. 3. When an individual is looking to buy a property at an auction. 4. When property investors and developers are looking to pay a tax bill 5. When buyers want to secure finance against an uninhabitable property. This type of finance can be used by homeowners, landlords and property developers alike. Are bridging loans a good idea? The bridging finance market has grown rapidly, with a number of small and focused lenders now on the market, catering for specialist property finance needs. The market has changed because large high-street lenders have become less willing (and sometimes less able) to lend ever since the financial crisis of 2008. As to whether a bridging loan for property development, auction purchase or private home buying is a good idea, it depends on a variety of factors. Bridging loan requirements vary by lender, but each will have certain common features that need to be considered. The most notable feature of this type of finance is that the interest rate is likely to be high. At the same time, there are typically high administration fees applied to the loan. Because of this, it is essential to proceed very carefully and with a full view of the facts. Borrowers have been burned by this type of loan in the past, in instances where transactions have fallen through, or where lenders have turned out to be unscrupulous and untrustworthy. What are the various pros and cons of bridging finance? Benefits of instant bridging loans 1\. Rapid access to money 2\. Ability to borrow large sums – often up to £250 million depending on applicant status 3\. Options for flexible borrowing. Possible downsides of bridging loans: 1\. Failure to understand the unique features of these loans can result in financial risk 2\. Bridging finance is secured against your property; meaning it can be sold if you can’t meet the repayment terms 3\. A costly option with fees and higher interest What is the interest rate on a bridging loan? Bridging finance interest rates will vary by lender. However, interest costs of 1.5% a month are not unusual, which can equate to an annual percentage rate of 18%. Fixed or variable rate? Bridging loans may have fixed or variable interest rate features. Fixed interest rates are ideal for customers who want stability, as they offer the same amount of interest for the duration of the term. The rate is pre-agreed, but there may be a premium for this security. The other choice is to have a variable rate bridging loan which can change with the base rate. However, you can save money if the base rate decreases. Borrowers who are less concerned about security sometimes prefer the variable rate option if they believe that the financial markets will travel in their favour. Knowledge and market insight is required here, along with a thorough understanding of personal risk tolerance. If interest rates appear to be rising, most customers will choose the fixed interest rate to lock it in and avoid further increases in the event of a base rate rise. Repaying interest on a bridging loan? Bridging loan periods tend to be for several months and there are usually different options for paying the interest portion. Monthly repayments The customer repays the interest every month as a separate payment, rather than adding it to the outstanding balance Rolled-up bridging finance deals The compound interest is calculated monthly but added to the outstanding loan balance and paid together when repayment is due. Retained interest The monthly interest payment due is covered up to a predefined date so that the full sum is only repaid when monies are due. Fees and other costs? As well as interest payments, there will be an arrangement fee for the set-up of the bridging loan, which is usually around 1-2%. A repayment fee for exit paperwork may also apply, along with valuation fees for the cost of the surveyor. How long can you have a bridging loan for? Remember, this type of finance is designed to be short-term. As soon as it extends beyond the agreed interim or bridging period, penalties can rapidly stack up. Typically, bridging finance is available for 1 – 18 months. Are there different types of bridging loan? Yes, there are two broad types: closed bridging finance and open bridging finance. With closed bridging finance you will tell the lender how you will repay the loan – with what funds and when. These loans usually complete within a few months and the clear exit plan is required as a lending condition. Open bridge finance won’t usually need this type of exit plan, and it is typically the loan of choice when funds are needed urgently to complete a property transaction. No detailed plan is needed to explain how the debt will be settled, and the finance tends to be offered for up to a year. Of course, it’s important to note that interest will keep being applied throughout this period. There are also first charge bridging loans and second charge bridging loans. If you have a loan against a property which is already mortgaged, you’d take out a second charge loan. An example of this would be if you were planning to finance a property extension to improve the property. The categorisation tells the lenders who will have legal priority for repayment if the loan was unable to be paid off at the term-end. First charge loans apply if the new loan is the first secured on the property. Can I get a bridging loan? Bridging loan requirements will depend on the lender. Often, lenders will require that: Customers must also take out their property mortgage with them too, providing the bridge finance as an interim measure before the standard mortgage comes into play. Property is put forward as security against the loan. Some lenders expect applicants to have more than one property in order to be eligible for their bridging finance products, but this will depend on the lender and the size of the loan. Applicants show proof of income – although, interestingly, as loan interest isn’t repaid monthly, some lenders do not request this. The applicant shows evidence of their property investment track record if they are planning to develop their purchased property. The applicant can show a business plan if they are using the bridging loan for commercial purposes. What are the alternatives to bridging loans? Development loans are another type of short-term property development loan. They are repaid in stages and calculated on the gross value of the development. Personal loans are another option, as are remortgages when timescales are more flexible and a long-term loan is desirable. Tips for success when applying for instant bridging loans? Use a bridge loan calculator Ask for your lender to provide a tailored bridge finance example or illustration around your particular borrowing needs. Think carefully about the type of bridging loan that you need – whether open bridge finance or closed bridge finance. Know whether the loan is a first or second charge type. Clarify whether the interest rate is fixed or variable. Review products from several lenders. Be clear on your security. Read the small print! Who provides bridging finance? Bridging loans are offered by banks, building societies, specialist lenders and brokers. They aren’t widely advertised and usually require a direct application by the customer to find out the product features and offers. Once you have made an application, a decision will usually be made within 24 hours. The funds then will take around two weeks to be issued, including time for checks to be carried out, the valuation and the actual transfer. Keen to find out more? Hank Zarihs are highly experienced and specialist financial intermediaries operating in the property development market. We work with a tried and tested panel of over 60 trusted lenders and can provide excellent bridging finance with attractive features. Contact us to find out more. **Tags:** Transparent Header --- ### [Short Term Property Loans](https://www.hankzarihs.com/short-term-property-loans/) **Published:** June 23, 2025 **Author:** Shiraz Khan **Content:** # Short Term Property Loans. If you’re looking to purchase a property at auction – perhaps to refurbish, or to acquire the land to build upon – then you may need finance to complete the transaction. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### Lending up to 80% NET #### Minimum Term No ERC #### Rates pre annum 2.99% #### Interest Charged Daily #### Max. Term 25 Years #### Minimum loan £250k #### Maximum Laon £25M #### Valuation OMV #### Table of Contents With the boom in UK property activity recently, it’s less than surprising that more and more buyers are needing [short-term property loans](/short-term-property-loans/) in order to complete sales, renovations, and developments whilst the market is so hot. In response to the market seeing increases of over 8% in residential property in 2020 alone, more and more people are looking for great deals in UK property. Residential properties that require more work than the normal market house are becoming more attractive for those with the skills to develop them and turn a good profit. Similarly, with the heat of the market seemingly white hot across the country, many more people are now using short-term finance to break property chains and their reliance on other buyers so that they can speed up the purchase of a dream home or ideal property. That has, in turn, meant that the **loan** and finance market has responded in kind and diversified their product offerings, meaning that there’s much more choice now for those looking to utilise this short-term lending. Not just high street lenders, but investment banks, foreign investors and pension funds are looking at ways to increase their exposure to UK property, and these are lenders that we’re able to get access to for you. To give you a better idea of what’s on offer and what you might qualify for, we’ve put together a short guide for you. ![Short term loans for property purchases](https://www.hankzarihs.com/wp-content/uploads/2025/06/short_term_loans_for_property_purchases-1024x683.jpg "short_term_loans_for_property_purchases - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### WE WILL FUND YOUR PROJECT! ## Book a Call Today Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - Appointments 7 days a week - From 7am till 10pm - No obligation - Terms issued within minutes - Friendly and experienced advisors - Ask all the questions you need! ## Different types of short term property finance As we’ve mentioned, because of the demand for this type of short-term finance, the choice has expanded markedly over the past few years, but we’ve put together a short guide for you here to break down some of the most popular choices for our clients. ### Bridging Finance One of the most popular forms of shorter term property finance is bridging finance. In essence, a bridging loan is a specifically designed loan for the **short term**. The interest tends to be higher because you’re borrowing it for a shorter period of time, meaning lenders need to make up the shortfall, but they’re extremely flexible in terms of the length of time, repayment terms, and what they’re used for. In their basic format they can be used for anything, however, we tend to find that their main use is either for property development, or to break the chain in a property purchase, to give two examples. With bridging finance or a loan, it’s important to be able to show the lender how you intend to repay the loan, this called an exit plan, and gives the lenders confidence that you know how you’ll repay your loan, and in the time you say you will. ### Auction finance If you’re looking to purchase a property at auction, then it’s likely you’re going to need to organise some shorter term finance in order to fund the purchase, as auction properties need to be completed within 28 days of the auction. That can sometimes be a stumbling block when our clients are looking to arrange, for example, a mortgage, as this often takes longer. Furthermore, auction property is usually on the market for a number of reasons, including repossessions, inheritance, and being in a state of disrepair and requiring renovation. If your property requires a level of renovation work doing then it’s unlikely that you’ll qualify for a mortgage until those works are completed, as it would be considered too risky to agree longer term finance. Auction finance can also cover these costs for you too. Auction property also often requires a slightly higher degree of legal paperwork before a sale can be completed, and this can mean higher legal fees than usual, and this type of finance can also help you cover these costs too, if you require it. ### Development loans Development finance tends to fall into two categories, either building from scratch on land that you’ve already acquired or developing an existing property into something else. If you’re building from scratch on land that you’ve acquired, it’s important that you get planning permission approved before looking into finance or loans, as they’ll be dependent on this. After that, lenders much prefer experienced developers over those new to the business, so it’s also important to be able to prove at least some success to be considered for this type of finance. If you’re looking for development finance, you can either get a straight loan, usually up to about 70% of the Gross **Development** Value (GDV) and pay the interest and principle sum upon completion, or you can apply for a joint venture loan, where an investor provides 100% of the capital but asks for a share of the profits once the development has been completed. If you’re looking to convert an existing property, for example, into flats, then again most lenders prefer more experienced applicants, and you’ll be asked to provide a business plan and show that you’re able to work to the time scale you’re suggesting. At that point most lenders will require about a 30% deposit and the rates will vary. ### Commercial property finance Finance could be considered for commercial use if you’re buying a commercial property, if you’re converting a commercial property, or if you’re taking out the finance as a business or using a Special Purpose Vehicle (SPV) for tax efficiency purposes. If you’re converting commercial property, this could mean that you’re changing the building from commercial to residential, or vice versa, but similar characteristics apply to these types of loans as well as **bridging loans and finance**. If you’re applying as a business or SPV, then it also means the finance or loans are unregulated, as they’re not covered by the FCA as you’re not a consumer, you’re a business. Again, these loans operate under very similar terms to bridging finance and development finance, however, the distinction is important because, generally speaking, there are different risks involved. For example, a commercial property can command more than a residential property in rental yields, however, the market for tenants can be smaller, and it’s more difficult to chase arrears. ### Benefits of short term finance for property developers Here are some of the main benefits to consider for shorter term finance: - Flexible The terms of this type of finance are flexible in that you can usually get loans from 1 month up to 36 months, the rates of interest vary, and you can often pay them off early if you need to. In terms of interest, you have the option to either pay the interest up front, monthly, or rolled up at the end as part of your repayment. - Fast Unlike longer term finance, the time it takes to find, arrange, approve, and receive funds is much quicker, because these loans are designed to be quick and easy. This often means that when things need to be done quickly, we find our clients will approach us to deal with finance regularly, for the ease and convenience. - Specialised Our panel of lenders understand the property market and what it takes to succeed in the industry, so rather than when you approach a high street bank, you can be sure that their finance products and loans have been specifically designed and tailored to suit those in the property industry. ### Short term mortgage calculator To help give you a better idea of what a shorter term loan or finance may cost and what you may qualify for, we’ve included a short term mortgage calculator that allows you to edit the loan amount, the amount of your deposit, the interest rate, and other important metrics that you can play around with. It’s intended to be illustrative, so if you want more specific advice, we’d recommend speaking to a broker that can get some more detail from you and give you a more accurate quote. ### What are the alternatives to bridging finance? In terms of the alternatives, there are longer term options such as more traditional **mortgages**, however, they present their own issues if you’re not in the position to go through the application process straight away, and if you need to move quickly on it. Secondly, you could use your own money or savings if you have it, or simply try and use a business credit card or overdraft, for example, but these can be very costly and tend to eat up your profits pretty quickly. ### Summary Shorter term finance is often ideal in the property world because it moves fast and throws up the unexpected. In these circumstances we often find that our clients need quick access to capital in order to provide a shorter term solution to their issues whilst they arrange something for the longer term. These loans are flexible, quick and specialised meaning they’re attractive to our clients. It’s why they’re such a popular product. Finally, these are products that we have a huge number of lenders willing to provide you finance on. Going through a broker for shorter term finance allows you to shop this entire market, find you the best rates and help you find exclusive deals. Speak to one of our brokers today about shorter term finance. ##### WHAT IS BRIDGING FINANCE? ## Bridging Finance & How does it work? Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ What is bridging finance & how does it work? You may have heard about bridging loans in the context of property investment or moving house, but what exactly are they? Basically, [bridging finance](/fast-bridging-finance/) is a type of short-term loan that allows a buyer to purchase a property before their existing home or investment property is sold. As the name suggests, it ‘bridges’ the funding gap in the lag between purchase and sale – offering rapid access to the necessary purchase funds for a brief period of time. Borrowers can access from £5,000 to £250 million, depending on applicant status, the value of the property and other lender criteria. Higher lending amounts are typically reserved for borrowers who can put up several properties as security. Quotes are provided on a Loan to Value (LTV) of 65%-80% in most situations. What are the typical uses of bridging loans? Bridging loans can be used in a number of situations. For example: 1. When people are moving home in a chain, with a gap between completion dates (e.g. needing to pay for the new property before receiving funds on the completed old property). 2. When property investors or private buyers renovate a home and want a rapid sell-on. 3. When an individual is looking to buy a property at an auction. 4. When property investors and developers are looking to pay a tax bill 5. When buyers want to secure finance against an uninhabitable property. This type of finance can be used by homeowners, landlords and property developers alike. Are bridging loans a good idea? The bridging finance market has grown rapidly, with a number of small and focused lenders now on the market, catering for specialist property finance needs. The market has changed because large high-street lenders have become less willing (and sometimes less able) to lend ever since the financial crisis of 2008. As to whether a bridging loan for property development, auction purchase or private home buying is a good idea, it depends on a variety of factors. Bridging loan requirements vary by lender, but each will have certain common features that need to be considered. The most notable feature of this type of finance is that the interest rate is likely to be high. At the same time, there are typically high administration fees applied to the loan. Because of this, it is essential to proceed very carefully and with a full view of the facts. Borrowers have been burned by this type of loan in the past, in instances where transactions have fallen through, or where lenders have turned out to be unscrupulous and untrustworthy. What are the various pros and cons of bridging finance? Benefits of instant bridging loans 1\. Rapid access to money 2\. Ability to borrow large sums – often up to £250 million depending on applicant status 3\. Options for flexible borrowing. Possible downsides of bridging loans: 1\. Failure to understand the unique features of these loans can result in financial risk 2\. Bridging finance is secured against your property; meaning it can be sold if you can’t meet the repayment terms 3\. A costly option with fees and higher interest What is the interest rate on a bridging loan? Bridging finance interest rates will vary by lender. However, interest costs of 1.5% a month are not unusual, which can equate to an annual percentage rate of 18%. Fixed or variable rate? Bridging loans may have fixed or variable interest rate features. Fixed interest rates are ideal for customers who want stability, as they offer the same amount of interest for the duration of the term. The rate is pre-agreed, but there may be a premium for this security. The other choice is to have a variable rate bridging loan which can change with the base rate. However, you can save money if the base rate decreases. Borrowers who are less concerned about security sometimes prefer the variable rate option if they believe that the financial markets will travel in their favour. Knowledge and market insight is required here, along with a thorough understanding of personal risk tolerance. If interest rates appear to be rising, most customers will choose the fixed interest rate to lock it in and avoid further increases in the event of a base rate rise. Repaying interest on a bridging loan? Bridging loan periods tend to be for several months and there are usually different options for paying the interest portion. Monthly repayments The customer repays the interest every month as a separate payment, rather than adding it to the outstanding balance Rolled-up bridging finance deals The compound interest is calculated monthly but added to the outstanding loan balance and paid together when repayment is due. Retained interest The monthly interest payment due is covered up to a predefined date so that the full sum is only repaid when monies are due. Fees and other costs? As well as interest payments, there will be an arrangement fee for the set-up of the bridging loan, which is usually around 1-2%. A repayment fee for exit paperwork may also apply, along with valuation fees for the cost of the surveyor. How long can you have a bridging loan for? Remember, this type of finance is designed to be short-term. As soon as it extends beyond the agreed interim or bridging period, penalties can rapidly stack up. Typically, bridging finance is available for 1 – 18 months. Are there different types of bridging loan? Yes, there are two broad types: closed bridging finance and open bridging finance. With closed bridging finance you will tell the lender how you will repay the loan – with what funds and when. These loans usually complete within a few months and the clear exit plan is required as a lending condition. Open bridge finance won’t usually need this type of exit plan, and it is typically the loan of choice when funds are needed urgently to complete a property transaction. No detailed plan is needed to explain how the debt will be settled, and the finance tends to be offered for up to a year. Of course, it’s important to note that interest will keep being applied throughout this period. There are also first charge bridging loans and second charge bridging loans. If you have a loan against a property which is already mortgaged, you’d take out a second charge loan. An example of this would be if you were planning to finance a property extension to improve the property. The categorisation tells the lenders who will have legal priority for repayment if the loan was unable to be paid off at the term-end. First charge loans apply if the new loan is the first secured on the property. Can I get a bridging loan? Bridging loan requirements will depend on the lender. Often, lenders will require that: Customers must also take out their property mortgage with them too, providing the bridge finance as an interim measure before the standard mortgage comes into play. Property is put forward as security against the loan. Some lenders expect applicants to have more than one property in order to be eligible for their bridging finance products, but this will depend on the lender and the size of the loan. Applicants show proof of income – although, interestingly, as loan interest isn’t repaid monthly, some lenders do not request this. The applicant shows evidence of their property investment track record if they are planning to develop their purchased property. The applicant can show a business plan if they are using the bridging loan for commercial purposes. What are the alternatives to bridging loans? Development loans are another type of short-term property development loan. They are repaid in stages and calculated on the gross value of the development. Personal loans are another option, as are remortgages when timescales are more flexible and a long-term loan is desirable. Tips for success when applying for instant bridging loans? Use a bridge loan calculator Ask for your lender to provide a tailored bridge finance example or illustration around your particular borrowing needs. Think carefully about the type of bridging loan that you need – whether open bridge finance or closed bridge finance. Know whether the loan is a first or second charge type. Clarify whether the interest rate is fixed or variable. Review products from several lenders. Be clear on your security. Read the small print! Who provides bridging finance? Bridging loans are offered by banks, building societies, specialist lenders and brokers. They aren’t widely advertised and usually require a direct application by the customer to find out the product features and offers. Once you have made an application, a decision will usually be made within 24 hours. The funds then will take around two weeks to be issued, including time for checks to be carried out, the valuation and the actual transfer. Keen to find out more? Hank Zarihs are highly experienced and specialist financial intermediaries operating in the property development market. We work with a tried and tested panel of over 60 trusted lenders and can provide excellent bridging finance with attractive features. Contact us to find out more. ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Your Success, Our Story [ ![Trustpilot](https://www.hankzarihs.com/wp-content/uploads/2024/09/Trustpilot.png "Trustpilot - Bridging and Development Finance Solutions")](https://uk.trustpilot.com/review/hankzarihs.com) [ ![Google r](https://www.hankzarihs.com/wp-content/uploads/2025/04/Google-r-1024x524.png "Google-r - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### 600+ ##### HAPPY CLIENTS #### £1B+ ##### DEALS FUNDED ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! [ Check out our Case Studies ](/case-studies/) ##### AREAS WE COVER ## Areas We Have Helped Clients for Auction Finance Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - [ Birmingham ](/birmingham/) - [ Bournemouth ](/bournemouth/) - [ Brighton ](/brighton/) - [ Bristol ](/bristol/) - [ Cardiff ](/cardiff/) - [ Coventry ](/coventry/) - [ Derby ](/derby/) - [ Edinburgh ](/edinburgh/) - [ Glasgow ](/glasgow/) - [ Leeds ](/leeds/) - [ Leicester ](/leicester/) - [ Liverpool ](/liverpool/) - [ London ](/london/) - [ Manchester ](/manchester/) - [ Middlesbrough ](/middlesbrough/) - [ Newcastle ](/newcastle/) - [ Northampton ](/northampton/) - [ Poole ](/poole/) - [ Portsmouth ](/portsmouth/) - [ Plymouth ](/plymouth/) - [ Reading ](/reading/) - [ Sheffield ](/sheffield/) - [ Southampton ](/southampton/) - [ Stoke ](/stoke/) - [ Wolverhampton ](/wolverhampton/) **Tags:** Transparent Header --- ### [HMO Mortgage Calculator](https://www.hankzarihs.com/hmo-mortgage-calculator/) **Published:** April 17, 2025 **Author:** Shiraz Khan **Content:** # HMO Mortgage Calculator . If you’re looking to purchase a property at auction – perhaps to refurbish, or to acquire the land to build upon – then you may need finance to complete the transaction. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### Bridging Loan Calculator Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nulla facilisi. Curabitur tincidunt, nunc vel tincidunt pretium, felis ligula feugiat neque, ac volutpat turpis velit et metus. Integer suscipit, justo a venenatis bibendum Purchase Price/Market Value (£): Loan to Value Required (LTV %): Loan Term (Months): Custom Value 3 6 9 12 24 36 48 Monthly Interest Rate (%): Custom Value 0.5 0.75 1.0 1.25 1.5 How will interest be paid: Serviced Deducted Lender fee (%): Broker Fee (%): Calculate Now Email Results to me Gross Loan (£) £ 300,000,000 Cost Per Month (£) £ 2,250,000 --- Rate Per Annum (%) 9.00% Cost Per Term (£) £ 27,000,000 Net LTV 55.80% The results provided by this calculator are estimates only. Actual loan terms, amounts, and rates may vary based on your specific circumstances and lender requirements. We recommend consulting with a financial advisor or lender for a detailed, personalized quote. Gross Loan: £ 300,000,000 Cost Per Month: £ 2,250,000 Cost Per Term: £ 27,000,000 Rate Per Annum: 9.00% Total Fees: £ 21,000,000 Net Loan: £ 279,000,000 Net LTV: 55.80% ×#### Send Result in Mail Full Name: Email Address: Send ##### TERMS SUMMARY ## Explanation of all Terms If you’re looking to purchase a property at auction – perhaps to refurbish, or to acquire the land to build upon – then you may need finance to complete the transaction. #### Table of Contents HMO properties – which stand for Houses in Multiple Occupation – are highly popular investment choices for landlords and developers alike. Many landlords are now choosing to apply for specialist HMO mortgages for both residential and commercial properties, particularly whilst rental property as a category is so highly in demand across Britain (and while interest rates remain low.) For investors and landlords who are keen to take advantage of advantageous market conditions, an HMO investment offers the potential for a reliable rental income and asset growth, especially when compared to a more traditional BTL property. In this guide, we will look at the value of HMO mortgage calculators and assess the key features of HMO mortgages. ### How to use the HMO mortgage calculator The Hank Zarihs Associates HMO mortgage calculator has been designed to help applicants to get a sense of the costs involved in taking out HMO mortgages. To use it, simply decide whether you are interested in taking out an HMO mortgage for a residential property or an HMO mortgage for commercial property and choose the relevant calculator. The online free to use HMO mortgage calculator simply asks you to input relevant information, such as the type of property you want to borrow against (residential, semi-residential, commercial, land or other) and the property price / desired term. You can also add optional additional information for a more accurate tailored illustration, such as the LTV of the mortgage you are hoping to secure, the interest rate and the lender/exit fees. ### HMO mortgages terms HMO mortgages are also known as multi-let properties because they are let out to more than one tenant. Because the nature of the property’s occupation differs from that of a single-tenancy buy-to-let, the terms of the mortgage can be different too. HMO properties are attractive to landlords because they can attract high rental yields, but they can also be more complex to manage. As a result, lenders often require a series of additional criteria before they are willing to offer an **HMO** mortgage – primarily that the landlord is already experienced in letting this kind of property. This is because the risks involved are higher to the lender and because the HMO market itself is still relatively new and specialist. These two factors alone tend to mean that this type of mortgage has a higher interest rate, but the costs of servicing the mortgage are typically offset by the higher rental income. This also means that borrowers can typically only find HMO mortgages via specialist brokers such as Hank Zarihs Associates. By using Hank Zarihs Associates to find the best possible HMO mortgage deals on the market, landlords can also benefit from access to some of the best deals and rates too – deals which aren’t available directly on the open market. ### HMO Mortgage Summary An **HMO property** allows landlords to rent out properties in a way that maximises rental returns, by renting individual rooms to different tenants within a property. The higher returns, or yields, from this type of investment are tempting, but the risks and work involved tend to be higher too – for example, there is extra maintenance to factor in and higher degrees of legal compliance required. HMOs are specialist investments for experienced landlords and **HMO mortgages** recognise this – with a smaller pool of specialist providers offering niche mortgages at higher rates. These higher interest rates are typically offset by the higher rental yields. For landlords to access the best rates and deals on the market, they will usually use an HMO mortgage broker, who can provide tailored expertise and guidance in order to secure the best and most appropriate mortgage for their needs. ### How do you want to repay the mortgage? There are different repayment methods on offer for HMO mortgages, whether they are secured against residential or commercial properties. ### Interest Only With an interest-only HMO mortgage, the landlord only repays the interest portion of the mortgage, rather than any of the capital sum. By doing so, the landlord simply meets the costs of servicing the loan. When the mortgage completes, the landlord can switch to another product or repay the capital sum using another vehicle (perhaps the sale of the property or another asset, existing funds or a different financial tool.) Interest-only repayments are popular because they offer a cheaper monthly cost, but they do not reduce the outstanding capital sum over the life of the mortgage – merely cover the costs of servicing the loan. ### Capital repayments A capital repayment mortgage will be more expensive to service each month, but it will cover both the interest portion of the mortgage and the repayment of the capital sum itself which is secured against the property. This allows the landlord to pay down the finance against the HMO property and to reduce the LTV and risk profile of the investment. The decision on whether to take out an interest-only or capital repayment HMO mortgage will depend on a variety of factors such as the landlord’s deposit or equity, financial situation and tax status. The interest rate will usually vary according to the LTV of the loan – with higher LTV products costing more. Hank Zarihs Associates can provide tailored guidance according to each client’s needs for the best possible deal. ### 85% LTV HMO mortgage HMO mortgages are available for a variety of Loan to Value (LTV) sums, including an 85% LTV. The higher the LTV, the more expensive the interest rate is likely to be, because of the increased risk to the lender. Hank Zarihs Associates works with a panel of HMO mortgage providers who can offer competitive loans at a range of LTVs – use our **HMO mortgage calculator** to compare different loans and to get an illustration of your monthly repayments. ### HMO Mortgages for first time buyers It may be harder for first-time landlords to get an HMO mortgage because of the complexity involved in this type of letting, the higher degree of risk and the tighter rules required by lenders (which include a demonstration of letting experience as a general rule.) Our team can work with you to submit a case to our lending panel to get the best possible chance of an attractive HMO mortgage, tailored to your needs. ### How much can I borrow? The amount that you can borrow will depend on a variety of factors, such as the value of the property itself (HMO mortgages can start from around £25,000 with no real upper limit), your other assets, your creditworthiness, whether you are applying as a sole trader or limited company and other factors, such as the expected rental income from the property (lenders may want the rental income to be at least 140% of the monthly mortgage repayment for example.) Each lender has its own requirements and we can help you to navigate the application process to obtain the best possible deal for your needs (including 100% HMO mortgages where you have additional security.) ### How to refinance a HMO HMO refinancing is another specialist area of mortgage lending, offered by niche lenders via the brokerage market. If you have come to the end of your HMO mortgage deal – or are shortly about to – we can help you to obtain the best possible refinancing deal for your needs. Contact us today to discuss your requirements. ### Contact one of our brokers today! Our team works from Monday to Sunday, 9 am till 9 pm. You can call us on +44 (0) 20 3889 4403 or complete the web contact form for a callback at a time that suits you. Use our HMO mortgage **calculator** to get a better understanding how much it will cost to fiannce the property. ##### Who can get an HMO mortgage? ## Frequently Asked Questions HMO Hank Zarihs Associates have answered some of the most frequently asked questions about non status mortgages Who can get an HMO mortgage? HMO mortgage **criteria** vary by lender but some requirements are common across the field. For example, many lenders will expect to see a track record of experience in HMO letting or BTL, although some may accept first-time buyers at a higher interest rate. Evidence will need to be provided that goes beyond a simple BTL application – such as: - Evidence of relevant licences (per property) - That AST arrangements are in place for tenants - That the target rental yield can be achieved - Management type (landlord or management company) - Application type (an individual applicant or limited company) Hank Zarihs Associates has the expertise to package up all necessary information and to present it to motivated lenders in a way that is most likely to result in a mortgage offer. This saves our clients time, money and complex administration – and speeds up the time to mortgage completion. In fact, we can arrange mortgages in as little as a week. Please contact us to find out more. Do I need an HMO licence to apply for an HMO mortgage? Large HMOs as defined by the government (at least 5 tenants forming more than one household, shared communal space, at least one tenant paying rent) will need to apply for a licence from their council. Smaller HMOs may also require a license from their council, depending on the area. ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Your Success, Our Story [ ![Trustpilot](https://www.hankzarihs.com/wp-content/uploads/2024/09/Trustpilot.png "Trustpilot - Bridging and Development Finance Solutions")](https://uk.trustpilot.com/review/hankzarihs.com) [ ![Google r](https://www.hankzarihs.com/wp-content/uploads/2025/04/Google-r-1024x524.png "Google-r - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### 600+ ##### HAPPY CLIENTS #### £1B+ ##### DEALS FUNDED ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! [ Check out our Case Studies ](/case-studies/) ##### AREAS WE COVER ## Areas We Have Helped Clients for Auction Finance Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - [ Birmingham ](/birmingham/) - [ Bournemouth ](/bournemouth/) - [ Brighton ](/brighton/) - [ Bristol ](/bristol/) - [ Cardiff ](/cardiff/) - [ Coventry ](/coventry/) - [ Derby ](/derby/) - [ Edinburgh ](/edinburgh/) - [ Glasgow ](/glasgow/) - [ Leeds ](/leeds/) - [ Leicester ](/leicester/) - [ Liverpool ](/liverpool/) - [ London ](/london/) - [ Manchester ](/manchester/) - [ Middlesbrough ](/middlesbrough/) - [ Newcastle ](/newcastle/) - [ Northampton ](/northampton/) - [ Poole ](/poole/) - [ Portsmouth ](/portsmouth/) - [ Plymouth ](/plymouth/) - [ Reading ](/reading/) - [ Sheffield ](/sheffield/) - [ Southampton ](/southampton/) - [ Stoke ](/stoke/) - [ Wolverhampton ](/wolverhampton/) **Tags:** Transparent Header --- ### [Development finance calculator](https://www.hankzarihs.com/development-finance-calculator/) **Published:** April 17, 2025 **Author:** Shiraz Khan **Content:** # Development finance calculator . If you’re looking to purchase a property at auction – perhaps to refurbish, or to acquire the land to build upon – then you may need finance to complete the transaction. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### Bridging Loan Calculator Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nulla facilisi. Curabitur tincidunt, nunc vel tincidunt pretium, felis ligula feugiat neque, ac volutpat turpis velit et metus. Integer suscipit, justo a venenatis bibendum Purchase Price/Market Value (£): Loan to Value Required (LTV %): Loan Term (Months): Custom Value 3 6 9 12 24 36 48 Monthly Interest Rate (%): Custom Value 0.5 0.75 1.0 1.25 1.5 How will interest be paid: Serviced Deducted Lender fee (%): Broker Fee (%): Calculate Now Email Results to me Gross Loan (£) £ 300,000,000 Cost Per Month (£) £ 2,250,000 --- Rate Per Annum (%) 9.00% Cost Per Term (£) £ 27,000,000 Net LTV 55.80% The results provided by this calculator are estimates only. Actual loan terms, amounts, and rates may vary based on your specific circumstances and lender requirements. We recommend consulting with a financial advisor or lender for a detailed, personalized quote. Gross Loan: £ 300,000,000 Cost Per Month: £ 2,250,000 Cost Per Term: £ 27,000,000 Rate Per Annum: 9.00% Total Fees: £ 21,000,000 Net Loan: £ 279,000,000 Net LTV: 55.80% ×#### Send Result in Mail Full Name: Email Address: Send ##### TERMS SUMMARY ## Explanation of all Terms If you’re looking to purchase a property at auction – perhaps to refurbish, or to acquire the land to build upon – then you may need finance to complete the transaction. #### Table of Contents If you’re a developer, you’ll likely have noticed the explosion in popularity of property development over recent years as the market has had a remarkable run where prices have risen sharply as well as demand for new build properties and renovated property. With the government’s Help-To-Buy scheme recently re-launched and the stamp duty holiday that was introduced last year, home buying has become enormously popular once again. Given that over the coming years it’s expected that rents, house prices and overall demand could soar it’s likely that the market will get more competitive over that period, with many now looking at land opportunities and chances to build housing. For experienced investors they know where to find and source these types of land but so often the biggest hurdle presented is acquiring a loan quickly and efficiently to allow them to move forward and get spades in the ground. We’ve included our calculator below to give you a brief idea of what to expect if you’re looking for a bridging loan but our team of experienced brokers can give you a more in depth overview of what will be required and what you may need for an application. We’re specialists in arranging these types of loans so you can be confident we’ll ensure your application is in the best shape to be accepted and funded as quickly as possible. In the current climate investors know that to be able to seize the best opportunities they’ll often need development finance or a loan in order to buy the best land or grasp the best deals at often short notice. With the amount of profit that’s available to be made by development, it’s no surprise that we’ve seen a big rise in demand for development finance, so if you’re thinking about a loan or finance for your development here’s a good place to start. We’ve put together a development finance calculator for you to allow you to get a rough idea of the finance or loan that you have in mind. Development finance can sometimes appear complex but we’re here to make it as simple as possible for you and to point you in the right direction. ## How to use the Hank Zarihs Associates development finance calculator Our loan calculator is specially designed to give you a good idea of the cost and rates that you could qualify for with development finance or a loan. When you’re looking start a development and get the ball rolling one of the most stressful parts can be approaching lenders or finance companies to discuss development finance, but we’re here to give you an initial idea of the costs of the loan, and our team of experts are able to talk you through the process. To use the calculator, firstly, you’ll need to input which type of property you intend to purchase whether that’s, for example, a residential property or a commercial property. Secondly enter the anticipated purchase price of the property. This doesn’t have to be 100% accurate. Finally, just enter the number of months you think you’ll need the finance for. For our manual calculator you’ll need to enter the same details again but also enter the Loan To Value (LTV), Rate in %, Lender fee in % and the Exit fee in % and this will give you an accurate read-out of what your finance will cost if you already know the terms you’re seeking. ### Our brokers can get you the most affordable development finance rates When you’re looking for development finance it can be a little overwhelming and the thought of having to approach a large number of loan or finance providers to get quotes or advice can be laborious and time consuming which is why we’re here to provide you with the information and advice you need. Our calculator is one aspect of us giving you the tools you need to make the best decision of your finance. Our experienced and talented brokers are specially trained to be able to understand your development and your requirements so that we can get you the most affordable development finance rates around. We’re able to do that because we know what our panel of [development finance lenders](/development-finance/) need to be able to approve your loan application, and because we have long established relationships with some of the biggest lenders in the industry who lend millions in finance per year. Because of our exclusive relationship with these lenders we’re also able to negotiate the best loan rates and get exclusive offers for our clients. In terms of typical rates for your finance or loan, you can expect to pay between 0.45% and 0.75% per month with a lender fee of 1% – 2% of the value of the loan. ## Fees and costs These will vary between lenders and will depend on the type of loan, finance or development finance you’re seeking. There are typical costs that you can consider, such as the monthly interest, the arrangement fee and the exit fee. Most lenders will treat these types of projects on their individual merits and so these costs can vary depending on certain criteria such as your Gross Development Value (GDV), the timescales involved, your personal credit history and also the team you have with you. Some may also ask you for a business plan to show that you’ve got all the necessary details and plans in place to be able to successfully complete your project, however, our team of brokers are in the perfect position to be able to advise you on this and set your expectations accordingly. For experienced investors they’ll have a good idea of what types of fees and costs to expect, but again it’s worth reaching out to us as we have a diverse panel of lenders that may be able to offer competitive rates. Due to our exclusive relationships we’re confident we can get you the best deal available on the market. Typically, it’s reasonable to assume you’ll pay between 0.45% and 0.75% in monthly interest, an arrangement fee of 1-2% and an exit fee of about 1% too. ## Can I get a Mezzanine loan if I have a development finance loan? Mezzanine loans are fairly complex finance arrangements in and of themselves so primarily we’d advise you to speak to an experienced broker firstly so that you’re aware of the terms of this type of loan. A mezzanine loan is a type of loan where the developer typically puts 10% of the funds up front, the bank lends between 60% to 80% and a specialist mezzanine lender will fund the remainder. In a property development situation, you’d expect the bank or lender to offer a loan that would cover part of the costs of the purchasing of the land, the building work and the professional costs. The mezzanine would then be in place to offer finance from the very start. In terms of securing development finance and a mezzanine loan too, this will depend on the lender, but these are fairly common arrangements. Things that will be considered, for example, will be the project and its GDV (Gross Development Value), your track record, your credit and your team. It’s advisable when arranging these types of loan and finance arrangements to speak to an experienced broker who can understand your development in greater detail. ### What makes a bridging loan a great financing option? When you’re looking to apply for development finance or a loan it’s sometimes difficult to know which the best option is. Our finance calculator can help give you a better idea of the costs and rates involved, but by and large development finance can often be categorised as bridging finance. A bridging loan is a quick, cost-effective way for tor developers to get projects started or get them moving more quickly. If you’ve got a good record of success then there’s a good chance you will be approved for bridging finance, however, it’s easier to talk to a specialist broker who can give you some information about the finance or loan that could be available to you. Because a bridging loan is designed to be a short-term solution the interest tends to be quite reasonable, with a small arrangement and exit fee often due as well. One of the most attractive benefits of this type of development finance and loan is that it can be arranged extremely quickly, depending on your circumstances. Development finance secured through a bridging loan can be confirmed and accepted with funds released within 24 hours, however, this will depend on your circumstances. Because a bridging loan is also an extremely flexible form of development finance, it often means that the requirements and financial terms aren’t as strict as other types of finance. Your credit history isn’t as important as you’d imagine, and our expert brokers know exactly what our panel of lenders wants to be able to approve your loan. If you’ve building a development site, the lender will often want to know what the value of the build is as they’ll likely want it as some form of security to agree your development finance. To get a better idea of what fees and interest rates could look like simply use your finance calculator. ### Speak to our finance brokers If you’re looking for development finance, then the best advice is to get in touch with one of your experienced brokers who can talk you through your financial options. Our brokers have years of experience in development finance and especially with bridging loans for shorter term lending. Through our network of connections built over years we have exclusive access to a number of lenders who can offer our clients special rates. Due to our brokers having an excellent knowledge of the industry they’re able to get a good idea of what our clients are looking for and what will be required of them from our panel of lenders. They will get your application in the best possible shape before submitting it, and through our relationships they will ensure they find you the best possible rates for you. Because we have huge experience working with our current panel of lenders, we’re able to ensure that your application is worked, submitted and accepted in the quickest time available. We understand that for our clients in the property and development industry speed is often paramount and so we focus on getting things done quickly for you. Often the process of acquiring or applying for development finance can be the most stressful part of any project as it can mean researching, contacting and applying to a number of lenders which can mean losing precious time when you’re looking to get your project moving. Because our brokers have instant access to all the leading companies in the industry, we can ensure you’re not wasting time on a lengthy application process. We’ve included our finance calculator above to give you an idea of costs before going through the application process but our brokers are in the best position to talk you through what the process involves and the best way to move forward, so it makes sense to get in touch today. ##### How much can I borrow? ## Frequently Asked Questions Development finance Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ How much can I borrow? Development finance deals are typically worth between £1,000,000 to £250 million, depending on the applicant, the nature of the project and the lender (with larger deals typically requiring high levels of collateral, for example, from other properties within the applicant’s portfolio.) Development finance loans are usually offered on a 65% to 90% LTV basis. How is interest applied on my development loan? Different lenders have different approaches. Some offer the standard monthly repayment of interest, others allow it to be added to the outstanding balance until the loan is repaid (known as a rolled-up finance deal). Others deduct the cost of interest from the principal lent, so that the interest portion is, in effect, paid in advance. Some will offer retained interest, covering monthly interest payments to a fixed date, so that the full sum owed is repaid at the loan redemption date. At Hank Zarihs Associates, we work with each client to understand their unique needs and to secure the best possible finance deal for those needs. What fees are there? There will usually be an application fee, which can be around 1% to 2% of the loan. There may also be fees when the loan is redeemed. We provide full and transparent details of all fees, for total clarity to our clients. Where to find out more information about our mortgages and loans? Our team is available to help you from Monday to Sunday, from 9 am until 9 pm. Call us on: +44 (0) 20 3889 4403, or request a callback via our website We look forward to hearing from you, and to finding you the best possible development loan for your next project. ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Your Success, Our Story [ ![Trustpilot](https://www.hankzarihs.com/wp-content/uploads/2024/09/Trustpilot.png "Trustpilot - Bridging and Development Finance Solutions")](https://uk.trustpilot.com/review/hankzarihs.com) [ ![Google r](https://www.hankzarihs.com/wp-content/uploads/2025/04/Google-r-1024x524.png "Google-r - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### 600+ ##### HAPPY CLIENTS #### £1B+ ##### DEALS FUNDED ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! [ Check out our Case Studies ](/case-studies/) ##### AREAS WE COVER ## Areas We Have Helped Clients for Auction Finance Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - [ Birmingham ](/birmingham/) - [ Bournemouth ](/bournemouth/) - [ Brighton ](/brighton/) - [ Bristol ](/bristol/) - [ Cardiff ](/cardiff/) - [ Coventry ](/coventry/) - [ Derby ](/derby/) - [ Edinburgh ](/edinburgh/) - [ Glasgow ](/glasgow/) - [ Leeds ](/leeds/) - [ Leicester ](/leicester/) - [ Liverpool ](/liverpool/) - [ London ](/london/) - [ Manchester ](/manchester/) - [ Middlesbrough ](/middlesbrough/) - [ Newcastle ](/newcastle/) - [ Northampton ](/northampton/) - [ Poole ](/poole/) - [ Portsmouth ](/portsmouth/) - [ Plymouth ](/plymouth/) - [ Reading ](/reading/) - [ Sheffield ](/sheffield/) - [ Southampton ](/southampton/) - [ Stoke ](/stoke/) - [ Wolverhampton ](/wolverhampton/) **Tags:** Transparent Header --- ### [Commercial Mortgage Calculator](https://www.hankzarihs.com/commercial-mortgage-calculator/) **Published:** May 22, 2025 **Author:** Shiraz Khan **Content:** # Commercial Mortgage Calculator . If you’re looking to purchase a property at auction – perhaps to refurbish, or to acquire the land to build upon – then you may need finance to complete the transaction. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### Bridging Loan Calculator Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nulla facilisi. Curabitur tincidunt, nunc vel tincidunt pretium, felis ligula feugiat neque, ac volutpat turpis velit et metus. Integer suscipit, justo a venenatis bibendum Purchase Price/Market Value (£): Loan to Value Required (LTV %): Loan Term (Months): Custom Value 3 6 9 12 24 36 48 Monthly Interest Rate (%): Custom Value 0.5 0.75 1.0 1.25 1.5 How will interest be paid: Serviced Deducted Lender fee (%): Broker Fee (%): Calculate Now Email Results to me Gross Loan (£) £ 300,000,000 Cost Per Month (£) £ 2,250,000 --- Rate Per Annum (%) 9.00% Cost Per Term (£) £ 27,000,000 Net LTV 55.80% The results provided by this calculator are estimates only. Actual loan terms, amounts, and rates may vary based on your specific circumstances and lender requirements. We recommend consulting with a financial advisor or lender for a detailed, personalized quote. Gross Loan: £ 300,000,000 Cost Per Month: £ 2,250,000 Cost Per Term: £ 27,000,000 Rate Per Annum: 9.00% Total Fees: £ 21,000,000 Net Loan: £ 279,000,000 Net LTV: 55.80% ×#### Send Result in Mail Full Name: Email Address: Send ##### TERMS SUMMARY ## Explanation of all Terms If you’re looking to purchase a property at auction – perhaps to refurbish, or to acquire the land to build upon – then you may need finance to complete the transaction. #### Table of Contents Since returning to normality after the nightmare of 2020, the country has seen a huge surge in demand for commercial mortgages has soared as landlords and investors look to cash in on huge demand. It’s true that in recent years much of the commercial property market has changed, with a focus having moved into retail premises, workshops, pre-schools or nurseries and even hotels. A commercial mortgage allows you to buy these types of buildings without having to pay all the money up front, and works exactly the same as a residential mortgage, but for different types of property. Commercial lending is very similar to residential lending in that the terms, interest and criteria are broadly the same, however, commercial is simply a property that can’t be used as residential. As the economy has been changing over the course of the past few years so too has the landscape of commercial business. High streets and other areas of business are changing quickly, and that means that many are in on the lookout for great commercial investments in order to meet that need. Here we’ve put together a commercial mortgage calculator for you to get a good idea of how much a commercial mortgage could cost you. ### Typical commercial mortgage rates UK Due to commercial mortgages being slightly riskier than traditional residential mortgages the interest rates tend to be a little higher, however, most will start at around 2% above the Bank of England base rate across the market. Having said that, our commercial mortgage calculator will show you that we can offer you commercial mortgage rates of 0.43% depending on your circumstances. Our panel of lenders will assess your application and the higher the deposit you have the cheaper they’ll be able to offer you commercial mortgages. ### Commercial mortgage criteria Each case is judged on its own merits and broadly speaking commercial mortgage lenders tend to put a lot more importance on you as a person as opposed to your individual credit history. Typically, you should expect commercial mortgages to require you to provide at least a 15% deposit, with most only offering a Loan To Value (LTV) of up to 85% funding of the value of the property. Secondly, most will want to see a history of your business or the company that you’re looking to borrow the money with. A track record of success and a successful company will put you in a really good place to be accepted for commercial mortgages, and that’s why we’ve provided our commercial mortgage calculator. Finally, you’ll need to prove your residency status and provide proof of your business’s income with, for example, something from your accountant or a copy of your company accounts. ### How to use our calculator Our commercial mortgage calculator is nice and straight forward to use and gives you a rough idea of the cost of commercial mortgages depending on your situation. Unlike, for example, a residential stamp duty calculator, this calculator is designed specifically for commercial use. Firstly, enter the value of the property followed by the LTV (Loan To Value). Then add the monthly rental income you’re expecting and the stressed %. Then add the multiple % and the interest rate, and finally pop in the lender fee you’re expecting to pay. Once you’ve completed that our commercial mortgage calculator will tell you what to expect to pay. ### What deposit is required for a commercial mortgage Most of the lenders on our panel will expect a commercial mortgage deposit of at least 15%, however, this will depend on your circumstances and there are some scenarios where you may be able to agree a commercial mortgage with less. We’d advise you to get in touch with one of our brokers who can talk you through the process and take a look at your application. Once you’ve used our mortgage repayment calculator our brokers can then give you some greater detail and more detail about mortgage repayment. ### How much can I borrow with a commercial mortgage? Commercial mortgage finance companies tend to be able to lend quite significant amounts of money for a commercial mortgage, so it would depend on the type of property you’re looking to finance, and what your situation is. That being said, typically, most will look to finance you on a commercial mortgage for between £25,000 and £1 million. We’d again advice you to speak to one of our commercial mortgage brokers who can give you greater detail. ### What causes the interest rates to either increase or decrease? Each commercial mortgage application is considered individually, however, we can say that typically most lenders will calculate their interest based on a few factors. - The size of your deposit – the bigger the deposit the cheaper the interest - Your business – Is your cashflow stable? Has your business been trading long enough? - The property – Will it require significant work? Is it in a popular area? - Demand – How much rent is your property likely to demand? These are all significant factors that your lender will likely ask you before agreeing finance. ### What type of properties can I finance? There are lots of different types of property you can finance through a commercial mortgage, and the only real criteria you need to fit to apply for a commercial mortgage is that it isn’t a residential property. Some examples, however, are retail premises, workshops, pre-schools or nurseries and even hotels. ### Are interest only commercial mortgages available? Yes, an interest only commercial mortgage can be agreed, and usually the terms are offered up to 10 years if you’d prefer that type of arrangement. These types of loans are popular for investors and landlords who have larger portfolios as it means that their repayments aren’t as high as if they’d taken out a full mortgage and repaid the total value of the investment. Because you’re only paying the interest this means that you’re able to make a higher profit on the rental payments that you take from your tenants and also increases your yields, which is the amount of profit that you make on your investment as a percentage of the overall value. The same types of criteria and background checks are required for this type of property finance, but this will work our cheaper on repayments than other types of finance. You could potentially even look at equity release after a certain period of time. ### What can I offer as a security? Most finance companies will want security in order to finance a commercial mortgage through your business. Most of the time these finance providers will be happy to take your commercial premises as sufficient security to agree your loan but there may be some circumstances where they would look for other security, if you’ve had payment problems in the past for example. Other items could be cars, boats, a residential property, or other high value items that can be verified. ### How long can I have the mortgage for? Each lender is different, and they offer different types of finance, which is why we have such a large panel of lenders in order to provide our clients with the widest possible choice. Most of the commercial mortgage lenders will offer terms of between 3 and 25 years. ### Are there any broker fees? The reason most people tend to approach brokers and intermediaries is that they’re able to assist with the hard work of putting a solid application together, and then help them find the best quotes and rates on the market. Broker fees tend to cover the cost of the process of helping you navigate the market and calculate, for example, your ltv for you whilst speaking on your behalf to lenders and companies across the industry. Once a loan is agreed, a typical broker fee would be 1% of the total agreed amount, and this would usually be payable once the loan has been agreed with your finance company. ### Discuss your requirements with one of our brokers today! For business finance, the process of searching for, applying for, and meeting the criteria can be stressful, long-winded and tedious. That’s why so many of our clients come to us for their finance needs. We’ve got a team of brokers with years of experience between them who know this market inside out and can give you the best advice in the industry. Rather than having to approach lenders and finance companies for business loans directly, we search the market on your behalf and tell you exactly what you’ll need to have the best possible chance of being approved. We also have a number of lenders on our panel who offer exclusive rates and deals to our clients because they know that we only submit applications to them once they’re ready and have met all the criteria that they ask us to meet. Our team of brokers will go through every stage of the process with you to ensure that you’ve got all the support you need, from finding out how much you need to borrow, to writing business plans, to looking at an exit strategy for your loan. We take the stress and tedium out of the process so that you can get on with doing what you do best, and that’s developing your business, so why not get in touch today with one of our brokers to get the ball rolling. ##### Can you get a mortgage on a commercial property? ## Frequently Asked Questions Frequently Asked Questions Commercial Mortgage Can you get a mortgage on a commercial property? Yes, however, these kinds of mortgage are specialist and generally not available from high street banks in a way that a residential mortgage would be available to a homeowner. This market is more complex which is why many lenders prefer to work with the expertise of a mortgage brokerage service. What does a commercial loan broker do? A commercial loan broker exists to find you the best possible commercial property loan for your needs and situation. Hank Zarihs Associates work with our clients to understand their requirements, help to complete all necessary paperwork and then liaise with our panel of trusted mortgage providers to receive the best deals on the markets – all tailored to each client’s requirements. As a commercial loan broker, we provide access to the mortgage deals you can’t get on the open market, highly competitive rates for relevant products from trusted lenders, and a swift, efficient application process which we manage for you. How long is a commercial mortgage? The term of a commercial mortgage will depend on the client’s needs and other factors, but it will typically last for 3-25 years and can take over where shorter bridging finance or other deals end. How much deposit do I need for a commercial mortgage? This will depend on the lender’s own requirements. Is it Possible to Get a 100% LTV Commercial Mortgage? The maximum borrowing for commercial mortgages tends to be around 75% LTV. Because of the costs involved with commercial mortgages, most applicants will only use them for projects which require at least £75,000, and often far higher sums. Some lenders will also have minimum loan requirements. Some lenders may offer 100% LTV mortgages where the business applicant has other forms of security, however, the interest rates will reflect the higher rate of risk involved. To learn more use our [LTV calculator](/ltv-calculator/) today! ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Your Success, Our Story [ ![Trustpilot](https://www.hankzarihs.com/wp-content/uploads/2024/09/Trustpilot.png "Trustpilot - Bridging and Development Finance Solutions")](https://uk.trustpilot.com/review/hankzarihs.com) [ ![Google r](https://www.hankzarihs.com/wp-content/uploads/2025/04/Google-r-1024x524.png "Google-r - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### 600+ ##### HAPPY CLIENTS #### £1B+ ##### DEALS FUNDED ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! [ Check out our Case Studies ](/case-studies/) ##### AREAS WE COVER ## Areas We Have Helped Clients for Auction Finance Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - [ Birmingham ](/birmingham/) - [ Bournemouth ](/bournemouth/) - [ Brighton ](/brighton/) - [ Bristol ](/bristol/) - [ Cardiff ](/cardiff/) - [ Coventry ](/coventry/) - [ Derby ](/derby/) - [ Edinburgh ](/edinburgh/) - [ Glasgow ](/glasgow/) - [ Leeds ](/leeds/) - [ Leicester ](/leicester/) - [ Liverpool ](/liverpool/) - [ London ](/london/) - [ Manchester ](/manchester/) - [ Middlesbrough ](/middlesbrough/) - [ Newcastle ](/newcastle/) - [ Northampton ](/northampton/) - [ Poole ](/poole/) - [ Portsmouth ](/portsmouth/) - [ Plymouth ](/plymouth/) - [ Reading ](/reading/) - [ Sheffield ](/sheffield/) - [ Southampton ](/southampton/) - [ Stoke ](/stoke/) - [ Wolverhampton ](/wolverhampton/) **Tags:** Transparent Header --- ### [Buy To Let Mortgage Calculator](https://www.hankzarihs.com/buy-to-let-mortgage-calculator/) **Published:** May 23, 2025 **Author:** Shiraz Khan **Content:** # Buy To Let Mortgage Calculator . If you’re looking to purchase a property at auction – perhaps to refurbish, or to acquire the land to build upon – then you may need finance to complete the transaction. - [ Start Online Application ](/start-online-application/) - [ Get a Call Back ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) - [ Call +44 (0) 20 3889 4403 ](tel:+44%20(0)%2020%203889%204403) [ ![Banner reviews](https://www.hankzarihs.com/wp-content/uploads/2025/07/banner-reviews-1024x541.jpg "banner-reviews - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### Bridging Loan Calculator Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nulla facilisi. Curabitur tincidunt, nunc vel tincidunt pretium, felis ligula feugiat neque, ac volutpat turpis velit et metus. Integer suscipit, justo a venenatis bibendum Purchase Price/Market Value (£): Loan to Value Required (LTV %): Loan Term (Months): Custom Value 3 6 9 12 24 36 48 Monthly Interest Rate (%): Custom Value 0.5 0.75 1.0 1.25 1.5 How will interest be paid: Serviced Deducted Lender fee (%): Broker Fee (%): Calculate Now Email Results to me Gross Loan (£) £ 300,000,000 Cost Per Month (£) £ 2,250,000 --- Rate Per Annum (%) 9.00% Cost Per Term (£) £ 27,000,000 Net LTV 55.80% The results provided by this calculator are estimates only. Actual loan terms, amounts, and rates may vary based on your specific circumstances and lender requirements. We recommend consulting with a financial advisor or lender for a detailed, personalized quote. Gross Loan: £ 300,000,000 Cost Per Month: £ 2,250,000 Cost Per Term: £ 27,000,000 Rate Per Annum: 9.00% Total Fees: £ 21,000,000 Net Loan: £ 279,000,000 Net LTV: 55.80% ×#### Send Result in Mail Full Name: Email Address: Send ##### TERMS SUMMARY ## Explanation of all Terms If you’re looking to purchase a property at auction – perhaps to refurbish, or to acquire the land to build upon – then you may need finance to complete the transaction. #### Table of Contents Our buy to let mortgage calculator makes it easy to see how expensive your BTL **mortgage** could be. It’s quick and easy to use and gives you an instant idea of your monthly and yearly payments. Of course, the best way to find out which buy to let mortgages you can get on the market is to contact Hank Zarihs Associates for the latest and most competitive deals from trusted lenders, but the [buy to let mortgage calculator](/buy-to-let-mortgage-calculator/) is a handy tool for your planning. ## buy-to-let mortgage rates Buy to let mortgages vary greatly according to lender, LTV, sum to be borrowed, desired term and fees. Our mortgage **calculator** lets you see how much that all-important monthly payment could be, and the impact of changing interest rates – allowing you to carry out sensitivity analysis for different deals. The calculator will help you to establish affordability and to work out how factors such as your deposit, term and rental income would affect your repayments and the all-important yield, or return, on your investment. After all, most buy to let mortgage lenders expect borrowers to be able to make a yield of around 125% of rental income against monthly mortgage costs, so it’s important that you can maintain a healthy ratio to minimise risk. ## How does the buy to let calculator work? The online buy to let mortgage calculator is extremely easy to use. Simply add the value of the property that you are seeking to buy or remortgage and the **loan** to value sum that you will be seeking to achieve (either via a deposit or equity). Then, add your expected or existing rental per month and your rent per annum. In the following box, you can also add figures for the stressed % and the multiple % (for example, if the lender expects a rent to mortgage payment ratio of 125%, you would add this here). This then tells you what your required monthly and annual rental income would need to be to meet lender terms. In the third box, add the interest rate and the lender fee to see how much the mortgage itself would cost you each month and over the year. By adjusting these figures, you can see the impact that changing different variables has on key factors such as your rental cover, and interest payments. ## Benefits of a buy to let mortgage The buy to let mortgage market has exploded in recent years, as individuals, companies, trusts and partnerships seek to invest in buy to let properties to build a rental income and grow and asset base, in what can be a profitable **investment** if well managed. Although the tax position of buy to lets has become arguably less favourable in recent years (primarily as the interest portion of BTL mortgages has lost its tax-deductible status), landlords and investors across the UK are still keen to snap up BTL properties and to build up healthy and rewarding investments with a strong return, especially in the buoyant rental market. ### Enjoy an investment with income With a buy to let property, you offset your monthly mortgage repayments with rental income from your tenant/s. Most lenders will expect to see a rental cover of at least 125%, which means that you will be earning a residual income; either to reinvest or to set aside for the costs of maintaining your BTL property over time. ### Grow an asset over time The beauty of this type of investment is that it offers an income and underlying asset growth at the same time, with the property market enjoying steady and strong growth in the UK. British property is seen as being an attractive and solid investment for the longer-term and many investors and landlords buy this type of property as part of their pension or equivalent long-term portfolio asset. ### Outperform other asset classes Interest payments on savings accounts are low, and the stock market is volatile. The British property market is a favoured asset for many investors who are building a high-performing portfolio, with strong underlying demand for quality rental properties and the ability to enjoy healthy returns in many areas where rental yields are high, along with the growth of the property asset itself over time. ### Affordable deals Low interest rates also mean that buy to let mortgages in the UK are currently very attractively priced and widely available from trusted lenders. This offers applicants the chance to buy investment properties to rent or to remortgage existing BTL properties at favourable rates- especially when those mortgages are secured through a broker such as Hank Zarihs Associates, which has access to the most competitive deals on the market. ## Check out our rental yield calculator Most lenders will require a certain rental yield or cover in order to agree a mortgage. This is because the landlord must have a margin of income above the mortgage repayment itself, in order to cover the costs of maintaining a BTL investment (such as repairs etc.) The rental yield lessens the risk for the lender and borrower alike. By using our rental yield calculator you can input your anticipated or existing yield against the sum you wish to **borrow**, the term and the interest rate and see whether a) it is sufficient to meet your lender’s requirements and b) what the impact is on your monthly mortgage repayments. ## How are buy to let mortgages calculated? Buy to let mortgages are offered according to the value of the property, the applicant’s credit rating, the underlying base rate, and the applicant’s deposit. The costs will include fees such as the broker arrangement fee, exit fees, legal fees and **valuation** work and full details of these are provided in the tailored illustration. ## Buy to let mortgage examples For the latest buy to let mortgage examples, use our calculator to input indicative interest rates at your estimated LTV – bearing in mind that a lower LTV (say, 60%) will be cheaper to service with a loan than a higher one of around 85%. Most lenders will want to see an LTV of at least 75%. ## What makes buy to lets a great investment? A great buy to let investment will offer both income, growth and a stable investment asset which doesn’t constantly fluctuate in value like the stock market, and which earns better returns than savings accounts. Rental demand is also projected to stay consistently strong in the UK. ## How much can I borrow? This will depend on a variety of factors such as your creditworthiness, deposit or equity, borrowing needs, existing borrowing and the underlying market conditions. Hank Zarihs Associates can help you to secure the mortgage that you need to meet your property investment ambitions, with a panel of ready lenders with a great track record in the field. ## What are typical returns on a Buy to let property Returns on a buy to let **property** vary significantly according to property type and region. For example, HMOs – or habitats of multiple occupancy – can typically provide higher yields but the risks are higher. It is important to factor in risks and growth of the property as well as rental income. Factors such as tenant turnover and non-payment costs (including evictions and costs of managing a property) must also be factored in; something that **landlords** learn to do over time and with experience. ### What are good returns on a buy to let investment? The true answer here depends on how much of your own cash you are using to finance your BTL. The higher geared your rental property is (e.g. the higher the amount of finance you have secured on it – whilst still maintaining full rental cover) the better your return, as your tenant is repaying the mortgage to your lender, while you enjoy the underlying asset growth – and potentially net income gains too. You can work out your ROI by taking your net annual profit (after costs) and dividing it by the cash that you’ve invested, before multiplying it by 100 to get a percentage figure. If you can achieve an ROI that exceeds other asset classes, you are doing well. If you can repay the mortgage with a repayment BTL mortgage, then you will also be increasing your asset base – useful if you are building a pension pot for example. ### What is the best buy to let mortgage for your property? The best buy to let mortgage deal for your property will depend on your own personal situation and objectives. Our team of experienced lenders can help you to access the best possible buy to let mortgage deals from tried and tested BTL lenders and to access rates which aren’t typically available on the open market. We also provide expert and transparent information so that you can make a confident choice with complete peace of mind in the product that you choose – and we work on a long-term relationship basis too. In fact, many of our clients value our service so much that they use us time and time again as they remortgage their BTL properties and build their portfolios. ### Speak to our brokers to get the best mortgage Our team are on hand to help you secure the best BTL mortgage for your needs. It takes us just five minutes to gather the information that we need to work with our panel and to provide you with a list of tailored offers within the hour. Contact us today on +44 (0) 20 3889 4403 to discuss your needs. Our team operates from 9 am to 9 pm, Monday to Friday. You can also complete our online web callback form to request a call from one of our brokers at a time that best suits you. ##### WHAT IS BRIDGING FINANCE? ## Bridging Finance & How does it work? Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ What is bridging finance & how does it work? You may have heard about bridging loans in the context of property investment or moving house, but what exactly are they? Basically, [bridging finance](/fast-bridging-finance/) is a type of short-term loan that allows a buyer to purchase a property before their existing home or investment property is sold. As the name suggests, it ‘bridges’ the funding gap in the lag between purchase and sale – offering rapid access to the necessary purchase funds for a brief period of time. Borrowers can access from £5,000 to £250 million, depending on applicant status, the value of the property and other lender criteria. Higher lending amounts are typically reserved for borrowers who can put up several properties as security. Quotes are provided on a Loan to Value (LTV) of 65%-80% in most situations. What are the typical uses of bridging loans? Bridging loans can be used in a number of situations. For example: 1. When people are moving home in a chain, with a gap between completion dates (e.g. needing to pay for the new property before receiving funds on the completed old property). 2. When property investors or private buyers renovate a home and want a rapid sell-on. 3. When an individual is looking to buy a property at an auction. 4. When property investors and developers are looking to pay a tax bill 5. When buyers want to secure finance against an uninhabitable property. This type of finance can be used by homeowners, landlords and property developers alike. Are bridging loans a good idea? The bridging finance market has grown rapidly, with a number of small and focused lenders now on the market, catering for specialist property finance needs. The market has changed because large high-street lenders have become less willing (and sometimes less able) to lend ever since the financial crisis of 2008. As to whether a bridging loan for property development, auction purchase or private home buying is a good idea, it depends on a variety of factors. Bridging loan requirements vary by lender, but each will have certain common features that need to be considered. The most notable feature of this type of finance is that the interest rate is likely to be high. At the same time, there are typically high administration fees applied to the loan. Because of this, it is essential to proceed very carefully and with a full view of the facts. Borrowers have been burned by this type of loan in the past, in instances where transactions have fallen through, or where lenders have turned out to be unscrupulous and untrustworthy. What are the various pros and cons of bridging finance? Benefits of instant bridging loans 1\. Rapid access to money 2\. Ability to borrow large sums – often up to £250 million depending on applicant status 3\. Options for flexible borrowing. Possible downsides of bridging loans: 1\. Failure to understand the unique features of these loans can result in financial risk 2\. Bridging finance is secured against your property; meaning it can be sold if you can’t meet the repayment terms 3\. A costly option with fees and higher interest What is the interest rate on a bridging loan? Bridging finance interest rates will vary by lender. However, interest costs of 1.5% a month are not unusual, which can equate to an annual percentage rate of 18%. Fixed or variable rate? Bridging loans may have fixed or variable interest rate features. Fixed interest rates are ideal for customers who want stability, as they offer the same amount of interest for the duration of the term. The rate is pre-agreed, but there may be a premium for this security. The other choice is to have a variable rate bridging loan which can change with the base rate. However, you can save money if the base rate decreases. Borrowers who are less concerned about security sometimes prefer the variable rate option if they believe that the financial markets will travel in their favour. Knowledge and market insight is required here, along with a thorough understanding of personal risk tolerance. If interest rates appear to be rising, most customers will choose the fixed interest rate to lock it in and avoid further increases in the event of a base rate rise. Repaying interest on a bridging loan? Bridging loan periods tend to be for several months and there are usually different options for paying the interest portion. Monthly repayments The customer repays the interest every month as a separate payment, rather than adding it to the outstanding balance Rolled-up bridging finance deals The compound interest is calculated monthly but added to the outstanding loan balance and paid together when repayment is due. Retained interest The monthly interest payment due is covered up to a predefined date so that the full sum is only repaid when monies are due. Fees and other costs? As well as interest payments, there will be an arrangement fee for the set-up of the bridging loan, which is usually around 1-2%. A repayment fee for exit paperwork may also apply, along with valuation fees for the cost of the surveyor. How long can you have a bridging loan for? Remember, this type of finance is designed to be short-term. As soon as it extends beyond the agreed interim or bridging period, penalties can rapidly stack up. Typically, bridging finance is available for 1 – 18 months. Are there different types of bridging loan? Yes, there are two broad types: closed bridging finance and open bridging finance. With closed bridging finance you will tell the lender how you will repay the loan – with what funds and when. These loans usually complete within a few months and the clear exit plan is required as a lending condition. Open bridge finance won’t usually need this type of exit plan, and it is typically the loan of choice when funds are needed urgently to complete a property transaction. No detailed plan is needed to explain how the debt will be settled, and the finance tends to be offered for up to a year. Of course, it’s important to note that interest will keep being applied throughout this period. There are also first charge bridging loans and second charge bridging loans. If you have a loan against a property which is already mortgaged, you’d take out a second charge loan. An example of this would be if you were planning to finance a property extension to improve the property. The categorisation tells the lenders who will have legal priority for repayment if the loan was unable to be paid off at the term-end. First charge loans apply if the new loan is the first secured on the property. Can I get a bridging loan? Bridging loan requirements will depend on the lender. Often, lenders will require that: Customers must also take out their property mortgage with them too, providing the bridge finance as an interim measure before the standard mortgage comes into play. Property is put forward as security against the loan. Some lenders expect applicants to have more than one property in order to be eligible for their bridging finance products, but this will depend on the lender and the size of the loan. Applicants show proof of income – although, interestingly, as loan interest isn’t repaid monthly, some lenders do not request this. The applicant shows evidence of their property investment track record if they are planning to develop their purchased property. The applicant can show a business plan if they are using the bridging loan for commercial purposes. What are the alternatives to bridging loans? Development loans are another type of short-term property development loan. They are repaid in stages and calculated on the gross value of the development. Personal loans are another option, as are remortgages when timescales are more flexible and a long-term loan is desirable. Tips for success when applying for instant bridging loans? Use a bridge loan calculator Ask for your lender to provide a tailored bridge finance example or illustration around your particular borrowing needs. Think carefully about the type of bridging loan that you need – whether open bridge finance or closed bridge finance. Know whether the loan is a first or second charge type. Clarify whether the interest rate is fixed or variable. Review products from several lenders. Be clear on your security. Read the small print! Who provides bridging finance? Bridging loans are offered by banks, building societies, specialist lenders and brokers. They aren’t widely advertised and usually require a direct application by the customer to find out the product features and offers. Once you have made an application, a decision will usually be made within 24 hours. The funds then will take around two weeks to be issued, including time for checks to be carried out, the valuation and the actual transfer. Keen to find out more? Hank Zarihs are highly experienced and specialist financial intermediaries operating in the property development market. We work with a tried and tested panel of over 60 trusted lenders and can provide excellent bridging finance with attractive features. Contact us to find out more. ##### WHY OUR CLIENTS CHOOSE US – AGAIN AND AGAIN ## Your Success, Our Story [ ![Trustpilot](https://www.hankzarihs.com/wp-content/uploads/2024/09/Trustpilot.png "Trustpilot - Bridging and Development Finance Solutions")](https://uk.trustpilot.com/review/hankzarihs.com) [ ![Google r](https://www.hankzarihs.com/wp-content/uploads/2025/04/Google-r-1024x524.png "Google-r - Bridging and Development Finance Solutions")](https://www.google.com/search?sca_esv=5d50172c00b11b61&sxsrf=AE3TifPQXbKP7vBr0gPWOTY5LEGWJHTK3A:1750677981131&si=AMgyJEtREmoPL4P1I5IDCfuA8gybfVI2d5Uj7QMwYCZHKDZ-E6YWsWJ2g-wn5v0btcepI3tmYQwxauKGVNDEp_qAS8N830e-BcSDtwPlSmZvzYVPI7ZPjJkf2c-dpnfC1ccAs5FHXB6RJ1ySyV-Ih2ib0ON7WmhUK1MZ8VfHjwThNGO1IK2wT1o%3D&q=Bridging+Loan+Brokers+-+Hank+Zarihs+Associates+Reviews&sa=X&ved=2ahUKEwjhsrnZt4eOAxUlzDgGHRZWI2MQ0bkNegQIKRAE&biw=1366&bih=641&dpr=1#lrd=0x48762020118b052d:0x222dc8a7e96d2f1a,1) #### 600+ ##### HAPPY CLIENTS #### £1B+ ##### DEALS FUNDED ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! ![Robyn Mae](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Robyn Mae*★★★★★* Director **Simplified Process, Better Rates, Excellent Communication!** The process was very simple and all forms were completed on my behalf. They were able to beat the rate from my current Mortgage Broker and the communication was great through out. Would highly recommend them. ![Terry Jacob](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Terry Jacob*★★★★★* Manager **Seamless Guidance and Exceptional Support!** They guided me through the process with ease. They provided me with a solicitor who was fast and dealt with everything on my behalf. Will be coming back on my next development. ![Jessica Trim](https://www.hankzarihs.com/wp-content/uploads/2026/04/Sheild-icon.svg) Jessica Trim*★★★★★* Director **professionalism & Value** I was struggling finding development exit at a good rate. Connor at Hank Zarihs guided me and lead me the whole way. Thanks guys ! [ Check out our Case Studies ](/case-studies/) ##### AREAS WE COVER ## Areas We Have Helped Clients for Auction Finance Hank Zarihs Associates streamlines your financing journey with tailored solutions, fast approvals, and expert guidance, connecting you to trusted lenders for project success​ - [ Birmingham ](/birmingham/) - [ Bournemouth ](/bournemouth/) - [ Brighton ](/brighton/) - [ Bristol ](/bristol/) - [ Cardiff ](/cardiff/) - [ Coventry ](/coventry/) - [ Derby ](/derby/) - [ Edinburgh ](/edinburgh/) - [ Glasgow ](/glasgow/) - [ Leeds ](/leeds/) - [ Leicester ](/leicester/) - [ Liverpool ](/liverpool/) - [ London ](/london/) - [ Manchester ](/manchester/) - [ Middlesbrough ](/middlesbrough/) - [ Newcastle ](/newcastle/) - [ Northampton ](/northampton/) - [ Poole ](/poole/) - [ Portsmouth ](/portsmouth/) - [ Plymouth ](/plymouth/) - [ Reading ](/reading/) - [ Sheffield ](/sheffield/) - [ Southampton ](/southampton/) - [ Stoke ](/stoke/) - [ Wolverhampton ](/wolverhampton/) **Tags:** Transparent Header --- ### [Start online application](https://www.hankzarihs.com/start-online-application/) **Published:** June 20, 2025 **Author:** Shiraz Khan **Content:** # Start online application  **Tags:** Transparent Header --- ## Case Studies ### [When 95% of lenders said no, we found a way to make it happen](https://www.hankzarihs.com/case_studies/when-95-of-lenders-said-no-we-found-a-way-to-make-it-happen/) **Published:** May 7, 2026 **Author:** Shiraz Khan **Excerpt:** When 95% of lenders said no, we found a way to make it happen. Back in June, a long-standing client came to me after securing an offer on a part-complete scheme in East London: 170 units with a projected GDV of £50m. It was a huge opportunity, but one packed with challenges. For most lenders, the risks felt too great: borrower experience, scheme scale, tight timelines. Ninety-five percent simply would not get comfortable. **Content:** ### How we processed? That is where we stepped in. At [Hank Zarihs Associates](https://www.linkedin.com/company/hankzarihsassociates/), we did more than just source the right funder. We advised on the appointment of the project manager, employer’s agent, planning consultant, and construction lawyer to ensure the right team was in place from day one. The seller, a major global fund manager with a JV partner we also knew well, opened the door to key details and insights you would never find in a data room. That access, built on trusted relationships, became pivotal. In total, more than 40 professionals came together to pull this deal across the line. With the completion budget independently estimated at £10.8m, lenders required absolute confidence in structure and delivery. That is where our role proved critical: bringing finance, strategy and execution together into one cohesive package. And that is the point. [Hank Zarihs Associates](https://www.linkedin.com/company/hankzarihsassociates/) is not just a finance broker. We are deal arrangers. With our network, experience and specialist knowledge, we turn complex, high-stakes projects into deliverable realities for our clients. A huge thank you to the team for pulling off this deal. Facebook Twitter LinkedIn Pinterest ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/band.png "band - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### Contact Us Today to achieve Same Results Would you like to discuss what other options are available to explore ? --- PERSONAL DETAILS FULL NAME Nationality Contact Number Email Address Employment Status --- PROPERTY DETAILS PROPERTY ADDRESS PROPERTY TYPE BridigingAuctionHMODevelopmentBuy-to-Let ESTIMATED MARKET VALUE ESTIMATED PURCHASED PRICE --- LOAN DETAILS LOAN AMOUNT REQUIRED PREFERRED LOAN TERM Bridiging FinanceAuction FinanceHMO FinanceDevelopment FinanceBuy-to-Let SOME OTHER FIELD # 1 SOME OTHER FIELD # 2 Submit Form [ Get a Call Back from our time ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) **Case Studies Category:** Bridging Finance --- ### [New Ground in retail financing](https://www.hankzarihs.com/case_studies/new-ground-in-retail-financing/) **Published:** May 7, 2026 **Author:** Shiraz Khan **Excerpt:** Breaking new ground in retail financing! At Hank Zarihs Associates, we’ve successfully restructured £25M in loans for The Belfry in Redhill and Cascades in Portsmouth. **Content:** 🚀 Breaking new ground in retail financing! At Hank Zarihs Associates, we’ve successfully restructured £25M in loans for The Belfry in Redhill and Cascades in Portsmouth. 💼✨ Despite market challenges, we believe in the strength of retail with the right expertise. Facebook Twitter LinkedIn Pinterest ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/band.png "band - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### Contact Us Today to achieve Same Results Would you like to discuss what other options are available to explore ? --- PERSONAL DETAILS FULL NAME Nationality Contact Number Email Address Employment Status --- PROPERTY DETAILS PROPERTY ADDRESS PROPERTY TYPE BridigingAuctionHMODevelopmentBuy-to-Let ESTIMATED MARKET VALUE ESTIMATED PURCHASED PRICE --- LOAN DETAILS LOAN AMOUNT REQUIRED PREFERRED LOAN TERM Bridiging FinanceAuction FinanceHMO FinanceDevelopment FinanceBuy-to-Let SOME OTHER FIELD # 1 SOME OTHER FIELD # 2 Submit Form [ Get a Call Back from our time ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) **Case Studies Category:** Auction Finance, Bridging Finance, Buy-to-Let, Development Finance, HMO, Mortgage Finance --- ### [Newbury Office to 109 Flats Conversion](https://www.hankzarihs.com/case_studies/office-in-newbury-converted-into-109-high-quality-flats-under-pd/) **Published:** May 7, 2026 **Author:** Shiraz Khan **Excerpt:** What was needed? Our client was using a Special Purpose Vehicle, a specialist type of investment company, to purchase an office building in Newbury and convert it into 109 flats. The client needed the capital to complete the purchase of the building as well as help towards the costs of converting the premises into residential units. **Content:** ### What was needed? Our client was using a Special Purpose Vehicle, a specialist type of investment company, to purchase an office building in Newbury and convert it into 109 flats. The client needed the capital to complete the purchase of the building as well as help towards the costs of converting the premises into residential units. ### What did we do? We discussed the client’s needs and requirements and then shopped the market and our panel of lenders for the best rates on a development loan which would allow the client to borrow the money of a fixed term and at a fixed rate of interest. LTV The Gross Development Value, or GDV, was £22 million, with a purchase price of £5.3 million and a development cost of £9.5 million. The total facility agreed for the client was £13.2 million, meaning a rough loan value of 60% of the GDV. Rate A fixed rate of interest of 4.25% was agreed against the total value of the loan facility, paid upon completion of the loan. Term The client was able to agree a fixed term of 24 months. Exit The client decided to hold on to the property and keep it in their property portfolio as an investment, arranging an development exit loan through ourselves once the development was completed, repaying the initial finance with a new, long term loan. Facebook Twitter LinkedIn Pinterest ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/band.png "band - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### Contact Us Today to achieve Same Results Would you like to discuss what other options are available to explore ? --- PERSONAL DETAILS FULL NAME Nationality Contact Number Email Address Employment Status --- PROPERTY DETAILS PROPERTY ADDRESS PROPERTY TYPE BridigingAuctionHMODevelopmentBuy-to-Let ESTIMATED MARKET VALUE ESTIMATED PURCHASED PRICE --- LOAN DETAILS LOAN AMOUNT REQUIRED PREFERRED LOAN TERM Bridiging FinanceAuction FinanceHMO FinanceDevelopment FinanceBuy-to-Let SOME OTHER FIELD # 1 SOME OTHER FIELD # 2 Submit Form [ Get a Call Back from our time ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) **Case Studies Category:** Buy-to-Let, HMO, Mortgage Finance --- ### [Sharia Compliant Bridging Finance](https://www.hankzarihs.com/case_studies/sharia-compliant-bridging-finance/) **Published:** May 6, 2026 **Author:** Shiraz Khan **Excerpt:** Sharia Compliant Bridging Finance is gaining traction as a viable solution for..... **Content:** Sharia Compliant Bridging Finance is gaining traction as a viable solution for experienced investors seeking speed, flexibility, and structure without compromising on principles. Recently, the team at Hank Zarihs Associates successfully completed a transaction involving the structuring of a Sharia compliant 1st charge bridge against a trading 14-bed hotel asset. This allowed the client to quickly release capital to support broader portfolio needs. **Key highlights of the transaction include:** - £815,750 Gross Loan Achieved - Sharia Compliant Facility - 1st Charge Bridge - 12 Month Term - Secured against a trading hotel asset - Completed with Offa Navigating Sharia compliant finance requires more than just finding a lender; the structure, asset, timeline, and execution must align while maintaining the pace that commercial borrowers need. This deal necessitated close coordination to ensure efficient delivery while preserving the integrity of the structure throughout the process. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo. Facebook Twitter LinkedIn Pinterest ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/band.png "band - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### Contact Us Today to achieve Same Results Would you like to discuss what other options are available to explore ? --- PERSONAL DETAILS FULL NAME Nationality Contact Number Email Address Employment Status --- PROPERTY DETAILS PROPERTY ADDRESS PROPERTY TYPE BridigingAuctionHMODevelopmentBuy-to-Let ESTIMATED MARKET VALUE ESTIMATED PURCHASED PRICE --- LOAN DETAILS LOAN AMOUNT REQUIRED PREFERRED LOAN TERM Bridiging FinanceAuction FinanceHMO FinanceDevelopment FinanceBuy-to-Let SOME OTHER FIELD # 1 SOME OTHER FIELD # 2 Submit Form [ Get a Call Back from our time ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) **Case Studies Category:** Bridging Finance --- ### [£23M DEBT | £33M GDV | 112 UNITS | UXBRIDGE](https://www.hankzarihs.com/case_studies/23m-debt-33m-gdv-112-units-uxbridge/) **Published:** May 8, 2026 **Author:** Shiraz Khan **Excerpt:** Waterside & Riverview, a transaction that demanded full control from start to finish..... **Content:** Waterside & Riverview, a transaction that demanded full control from start to finish. This wasn’t just a refinance. This was a highly structured deal at ~70% of GDV, with multiple moving parts that needed aligning perfectly. **The reality:** - Complex Deed of Priority negotiations between lenders - Coordination across 3 separate law firms Full management of the client’s entire professional team - Alignment of valuers, IMS, and external consultants Constant pressure to maintain momentum on a time-sensitive structure - At several points, this deal could have slowed or completely stalled. **What we did differently:** - Took ownership of the entire process, not just the funding - Acted as the central point across legal, technical, and financial workstreams - Structured solutions to navigate the Deed of Priority and satisfy all parties - Managed daily communication across all stakeholders to remove friction - Drove the deal forward with clarity, pace, and control **The outcome:** A £23M facility successfully delivered against a £33M GDV scheme, comprising 112 units across Waterside & Riverview, Uxbridge. This is what we do at Hank Zarihs Associates, Not just sourcing capital structuring, managing, and executing complex transactions when it matters most. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo. Facebook Twitter LinkedIn Pinterest ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/band.png "band - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### Contact Us Today to achieve Same Results Would you like to discuss what other options are available to explore ? --- PERSONAL DETAILS FULL NAME Nationality Contact Number Email Address Employment Status --- PROPERTY DETAILS PROPERTY ADDRESS PROPERTY TYPE BridigingAuctionHMODevelopmentBuy-to-Let ESTIMATED MARKET VALUE ESTIMATED PURCHASED PRICE --- LOAN DETAILS LOAN AMOUNT REQUIRED PREFERRED LOAN TERM Bridiging FinanceAuction FinanceHMO FinanceDevelopment FinanceBuy-to-Let SOME OTHER FIELD # 1 SOME OTHER FIELD # 2 Submit Form [ Get a Call Back from our time ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) **Case Studies Category:** Development Finance --- ### [Sharia Compliant Finance. Structured. Delivered](https://www.hankzarihs.com/case_studies/sharia-compliant-finance-structured-delivered/) **Published:** April 9, 2026 **Author:** Shiraz Khan **Excerpt:** At Hank Zarihs Associates, we specialize in not just accessing Sharia compliant funding, but also structuring and executing it at scale.... **Content:** At Hank Zarihs Associates, we specialize in not just accessing Sharia compliant funding, but also structuring and executing it at scale. A recent transaction exemplifies our capabilities. We successfully arranged and completed three Sharia compliant Buy to Let term loan refinances for a single borrower across multiple income-producing assets, all delivered simultaneously under one coordinated structure. **Combined highlights:** - £1.63M+ Total Sharia Compliant Funding Delivered - Multi-unit freehold portfolio assets - Strong income-backed investments with robust DSCR profiles - Executed under a single borrower structure - Fully aligned with Sharia compliant lending principles **Individual facilities:** - £174,000 refinance - £738,000 refinance - £726,000 refinance Sharia compliant finance involves more than just sourcing a lender; it requires a deep understanding of structure, compliance, asset suitability, and execution across multiple moving parts. Delivering three facilities simultaneously under a single borrower strategy showcases our ability to navigate this complexity while maintaining speed and control. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo. Facebook Twitter LinkedIn Pinterest ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/band.png "band - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### Contact Us Today to achieve Same Results Would you like to discuss what other options are available to explore ? --- PERSONAL DETAILS FULL NAME Nationality Contact Number Email Address Employment Status --- PROPERTY DETAILS PROPERTY ADDRESS PROPERTY TYPE BridigingAuctionHMODevelopmentBuy-to-Let ESTIMATED MARKET VALUE ESTIMATED PURCHASED PRICE --- LOAN DETAILS LOAN AMOUNT REQUIRED PREFERRED LOAN TERM Bridiging FinanceAuction FinanceHMO FinanceDevelopment FinanceBuy-to-Let SOME OTHER FIELD # 1 SOME OTHER FIELD # 2 Submit Form [ Get a Call Back from our time ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) **Case Studies Category:** Development Finance --- ### [Completed in just 7 days, 1st charge bridging](https://www.hankzarihs.com/case_studies/completed-in-just-7-days-1st-charge-bridging/) **Published:** April 8, 2026 **Author:** Shiraz Khan **Excerpt:** This 1st charge bridging facility was structured and completed in just 7 days, with no valuation required and quick legals,.... **Content:** This 1st charge bridging facility was structured and completed in just 7 days, with no valuation required and quick legals, enabling the client to raise capital swiftly to complete ongoing development works. **Key highlights:** - £425,000 Gross Loan Achieved - 12 Month Term - Completed with Greymax - Capital raised against a £700,000 asset This transaction required speed, clarity and tight coordination across all parties to meet the client’s urgent funding timeline. A special mention to Ronak Mansuri, who drove this case through to completion with efficiency and control, ensuring no delays despite the compressed timeframe. At Hank Zarihs Associates, we continue to deliver structured funding solutions where speed is critical. If you require fast access to capital, speak to the team. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo. Facebook Twitter LinkedIn Pinterest ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/band.png "band - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### Contact Us Today to achieve Same Results Would you like to discuss what other options are available to explore ? --- PERSONAL DETAILS FULL NAME Nationality Contact Number Email Address Employment Status --- PROPERTY DETAILS PROPERTY ADDRESS PROPERTY TYPE BridigingAuctionHMODevelopmentBuy-to-Let ESTIMATED MARKET VALUE ESTIMATED PURCHASED PRICE --- LOAN DETAILS LOAN AMOUNT REQUIRED PREFERRED LOAN TERM Bridiging FinanceAuction FinanceHMO FinanceDevelopment FinanceBuy-to-Let SOME OTHER FIELD # 1 SOME OTHER FIELD # 2 Submit Form [ Get a Call Back from our time ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) **Case Studies Category:** Development Finance --- ### [£5.83 MILLION DEVELOPMENT FACILITY DELIVERED](https://www.hankzarihs.com/case_studies/5-83-million-development-facility-delivered/) **Published:** March 13, 2026 **Author:** Shiraz Khan **Excerpt:** Hank Zarihs Associates has successfully structured and delivered funding for the conversion of a four-storey... **Content:** Hank Zarihs Associates has successfully structured and delivered funding for the conversion of a four-storey mixed-use building into 61 residential flats, with a £14 million GDV. Transactions of this scale require detailed underwriting, precise structuring, and disciplined execution to ensure the acquisition, build costs, and refinance exit strategy are fully aligned. Delivering this facility reflects the strength of our credit capability and the depth of experience within the Hank Zarihs Associates team. **Key highlights:** - £5.83M gross development loan achieved - 61 residential units created from mixed-use conversion - £14M GDV Congratulations to Janelle Baffa, Head of Underwriting at Hank Zarihs Associates, for driving this transaction through to completion with the precision and credit discipline that define our underwriting process. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo. Facebook Twitter LinkedIn Pinterest ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/band.png "band - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### Contact Us Today to achieve Same Results Would you like to discuss what other options are available to explore ? --- PERSONAL DETAILS FULL NAME Nationality Contact Number Email Address Employment Status --- PROPERTY DETAILS PROPERTY ADDRESS PROPERTY TYPE BridigingAuctionHMODevelopmentBuy-to-Let ESTIMATED MARKET VALUE ESTIMATED PURCHASED PRICE --- LOAN DETAILS LOAN AMOUNT REQUIRED PREFERRED LOAN TERM Bridiging FinanceAuction FinanceHMO FinanceDevelopment FinanceBuy-to-Let SOME OTHER FIELD # 1 SOME OTHER FIELD # 2 Submit Form [ Get a Call Back from our time ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) **Case Studies Category:** Development Finance --- ### [Buy to Let term loan refinance](https://www.hankzarihs.com/case_studies/buy-to-let-term-loan-refinance/) **Published:** March 3, 2026 **Author:** Shiraz Khan **Excerpt:** Another successful completion delivered by the team at Hank Zarihs Associates. **Content:** Another successful completion delivered by the team at Hank Zarihs Associates. This Buy to Let term loan refinance was offered within one week and completed in a record five weeks, with no valuation required, enabling the client to meet urgent funding requirements for a further acquisition. **Key highlights:** - £290,875 Gross Loan Achieved - 75% LTV - 5 Year Fixed Term - Completed with LANDBAY This case exemplifies how speed, structure, and coordination make a difference when timing is critical. A special mention to Ronak Mansuri for driving this case from offer to completion with precision and focus. Thank you to Harry Phillips at LANDBAY for efficient support throughout, and to Zahra Shah and Lawrence Stephens for smooth and quick legals. If you are working to tight timelines or require a structured refinance, consider reaching out to Hank Zarihs Associates. 0203 889 4403 [www.hankzarihs.com](http://www.hankzarihs.com) \#HankZarihsAssociates #BuyToLet \#Refinance \#PropertyFinance \#DealCompletion hash Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo. Facebook Twitter LinkedIn Pinterest ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/band.png "band - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### Contact Us Today to achieve Same Results Would you like to discuss what other options are available to explore ? --- PERSONAL DETAILS FULL NAME Nationality Contact Number Email Address Employment Status --- PROPERTY DETAILS PROPERTY ADDRESS PROPERTY TYPE BridigingAuctionHMODevelopmentBuy-to-Let ESTIMATED MARKET VALUE ESTIMATED PURCHASED PRICE --- LOAN DETAILS LOAN AMOUNT REQUIRED PREFERRED LOAN TERM Bridiging FinanceAuction FinanceHMO FinanceDevelopment FinanceBuy-to-Let SOME OTHER FIELD # 1 SOME OTHER FIELD # 2 Submit Form [ Get a Call Back from our time ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) **Case Studies Category:** Buy-to-Let --- ### [£6.3M. Completed](https://www.hankzarihs.com/case_studies/6-3m-completed/) **Published:** March 3, 2026 **Author:** Shiraz Khan **Excerpt:** Another full lifecycle transaction successfully delivered by Hank Zarihs Associates. **Content:** Another full lifecycle transaction successfully delivered by Hank Zarihs Associates. This £6.3m Buy to Let Term Loan refinance of a 45-unit scheme in Wokingham marks the final stage of a journey we supported from the very beginning. From funding the original office acquisition, structuring the development finance, managing staged drawdowns, to refinancing onto a 5-year fixed term facility once stabilized, this is what end-to-end structuring looks like. **Deal highlights:**- £6.3m Gross Loan - £9m Valuation - 70% LTV - 45 New Build Units - Office to Residential Conversion The objective was clear: refinance existing debt, release capital, and secure long-term stability on a completed residential block. This required disciplined underwriting, consistent lender coordination, and proactive legal management to maintain momentum through to completion. Excellent work by Janelle Baffa, Head of Underwriting, in driving this transaction through from development stage to term refinance. A sincere thank you to Punjab National Bank (International) Limited and Arpit Bhargava for their continued support in enabling this transaction. Huge credit to Judge & Priestley and Khaled Ellatif, their sharp legal execution and commercial mindset made a real difference. If you are developing, converting, or refinancing a scheme, speak to Hank Zarihs Associates. \#PropertyFinance \#DevelopmentFinance \#BuyToLet \#Refinance \#UKProperty \#HankZarihsAssociates Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo. Facebook Twitter LinkedIn Pinterest ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/band.png "band - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### Contact Us Today to achieve Same Results Would you like to discuss what other options are available to explore ? --- PERSONAL DETAILS FULL NAME Nationality Contact Number Email Address Employment Status --- PROPERTY DETAILS PROPERTY ADDRESS PROPERTY TYPE BridigingAuctionHMODevelopmentBuy-to-Let ESTIMATED MARKET VALUE ESTIMATED PURCHASED PRICE --- LOAN DETAILS LOAN AMOUNT REQUIRED PREFERRED LOAN TERM Bridiging FinanceAuction FinanceHMO FinanceDevelopment FinanceBuy-to-Let SOME OTHER FIELD # 1 SOME OTHER FIELD # 2 Submit Form [ Get a Call Back from our time ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) **Case Studies Category:** Buy-to-Let, Development Finance --- ### [Another major development finance completion for Hank Zarihs Associates.](https://www.hankzarihs.com/case_studies/another-major-development-finance-completion-for-hank-zarihs-associates/) **Published:** February 21, 2026 **Author:** Shiraz Khan **Excerpt:** We are proud to announce the successful delivery of a £4.78 million gross development facility for a 34-unit scheme with a GDV of £8.2 million. **Content:** We are proud to announce the successful delivery of a £4.78 million gross development facility for a 34-unit scheme with a GDV of £8.2 million. This transaction was strategically structured, requiring detailed underwriting, careful leverage alignment, and disciplined execution to ensure that the build costs, security position, and exit strategy were fully aligned. Deals of this scale demand precision and collaboration at every stage. A special congratulations to Janelle Baffa, Head of Underwriting, for driving this transaction through to completion with the depth of analysis and execution standards that define Hank Zarihs Associates. We would also like to extend a huge thank you to Judge & Priestley, and especially Khaled Ellatif, for their continued support and for making the legal side seamless as always. Strong partnerships like this make all the difference in getting deals over the line. Another significant milestone delivered. Onwards and upwards. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo. Facebook Twitter LinkedIn Pinterest ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/band.png "band - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### Contact Us Today to achieve Same Results Would you like to discuss what other options are available to explore ? --- PERSONAL DETAILS FULL NAME Nationality Contact Number Email Address Employment Status --- PROPERTY DETAILS PROPERTY ADDRESS PROPERTY TYPE BridigingAuctionHMODevelopmentBuy-to-Let ESTIMATED MARKET VALUE ESTIMATED PURCHASED PRICE --- LOAN DETAILS LOAN AMOUNT REQUIRED PREFERRED LOAN TERM Bridiging FinanceAuction FinanceHMO FinanceDevelopment FinanceBuy-to-Let SOME OTHER FIELD # 1 SOME OTHER FIELD # 2 Submit Form [ Get a Call Back from our time ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) **Case Studies Category:** Buy-to-Let --- ### [Kicking Off 2026 in Style | First Buy to Let Refinance Completed](https://www.hankzarihs.com/case_studies/kicking-off-2026-in-style-first-buy-to-let-refinance-completed/) **Published:** January 31, 2026 **Author:** Shiraz Khan **Excerpt:** We’re thrilled to start the new year strong at Hank Zarihs Associates with our first completed loan of 2026. **Content:** We’re thrilled to start the new year strong at Hank Zarihs Associates with our first completed loan of 2026. We’ve successfully refinanced a Buy to Let / Term Loan for a longstanding and experienced portfolio landlord, securing a gross loan of £276,075 on a single self contained residential flat in East London (E3). **Key deal highlights:** - Market value: £360,000 - LTV: 75% - Gross loan: £276,075 - Lender: Quantum Mortgages A huge shout out to Ronak Mansuri, who expertly managed the case from start to finish, coordinating all parties, maintaining momentum, and delivering a seamless refinance through to completion. Special thanks to Khaled Ellatif, our trusted solicitor, whose attention to detail ensured the transaction progressed smoothly, and to Zouhair Mihramane CeMap CeRER at Quantum Mortgages, whose responsive support made the lender side efficient and straightforward. This transaction enabled the client to refinance away from their existing lender and position the asset for long term stability within their wider portfolio. Simple structure. Clear underwriting. Delivered on time. Massive thanks to the entire Hank Zarihs Associates team and our trusted partners for helping us launch 2026 with real momentum. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo. Facebook Twitter LinkedIn Pinterest ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/band.png "band - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### Contact Us Today to achieve Same Results Would you like to discuss what other options are available to explore ? --- PERSONAL DETAILS FULL NAME Nationality Contact Number Email Address Employment Status --- PROPERTY DETAILS PROPERTY ADDRESS PROPERTY TYPE BridigingAuctionHMODevelopmentBuy-to-Let ESTIMATED MARKET VALUE ESTIMATED PURCHASED PRICE --- LOAN DETAILS LOAN AMOUNT REQUIRED PREFERRED LOAN TERM Bridiging FinanceAuction FinanceHMO FinanceDevelopment FinanceBuy-to-Let SOME OTHER FIELD # 1 SOME OTHER FIELD # 2 Submit Form [ Get a Call Back from our time ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) **Case Studies Category:** Buy-to-Let --- ### [£12.7m. Four weeks. Completed.](https://www.hankzarihs.com/case_studies/12-7m-four-weeks-completed/) **Published:** January 10, 2026 **Author:** Shiraz Khan **Excerpt:** We’ve successfully delivered a £12,675,000 buy to let term loan refinance on a large scale shopping centre asset for an experienced portfolio landlord, completing within a four week timeframe. **Content:** We’ve successfully delivered a £12,675,000 buy to let term loan refinance on a large scale shopping centre asset for an experienced portfolio landlord, completing within a four week timeframe. Transactions of this size demand more than lender access. They require disciplined underwriting, clear structuring, and constant momentum across valuation, credit, and legal stages. This deal moved because each part of the process was managed with intent, not hope. At Hank Zarihs Associates, our focus is always on certainty. We don’t chase volume for the sake of it. We underwrite properly, anticipate friction early, and structure deals that are built to complete, even in a more cautious market. Huge credit to our Head of Underwriting, Janelle Baffa, for leading the transaction from assessment through to completion, and to Shiraz Khan 🦅 for originating and managing the relationship. Thanks also to Punjab National Bank (International) Limited and all advisors involved for their collaborative approach. Arpit Bhargava, Milton Rodosthenous, Spector Constant & Williams, George Constant Another complex commercial refinance delivered where execution mattered most. \#Underwriting \#CommercialProperty \#PropertyFinance \#BuyToLet \#Refinance \#HankZarihsAssociates Facebook Twitter LinkedIn Pinterest ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/band.png "band - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### Contact Us Today to achieve Same Results Would you like to discuss what other options are available to explore ? --- PERSONAL DETAILS FULL NAME Nationality Contact Number Email Address Employment Status --- PROPERTY DETAILS PROPERTY ADDRESS PROPERTY TYPE BridigingAuctionHMODevelopmentBuy-to-Let ESTIMATED MARKET VALUE ESTIMATED PURCHASED PRICE --- LOAN DETAILS LOAN AMOUNT REQUIRED PREFERRED LOAN TERM Bridiging FinanceAuction FinanceHMO FinanceDevelopment FinanceBuy-to-Let SOME OTHER FIELD # 1 SOME OTHER FIELD # 2 Submit Form [ Get a Call Back from our time ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) **Case Studies Category:** Buy-to-Let --- ### [Large Development Facility For Client in Sheffield, Fargate](https://www.hankzarihs.com/case_studies/large-development-facility-for-client-in-sheffield/) **Published:** October 21, 2021 **Author:** Shiraz Khan **Excerpt:** What was needed? Our client in Fargate was looking for a development loan in order to develop a property investment that they had acquired but lacked the capital to complete the development. We looked at a number of options and decided that development finance was the right solution for our client. **Content:** ### What was needed? Our client in Fargate was looking for a development loan in order to develop a property investment that they had acquired but lacked the capital to complete the development. We looked at a number of options and decided that development finance was the right solution for our client. ### What did we do? We went through the project in detail in order to understand the client’s situation as well as their experience and track record of success. We agreed with the client that development finance best suited their needs until the completion of the agreement where they would refinance and see longer term financial arrangements. We shopped the market with our exclusive panel of lenders and presented a number of options to the client. LTV The Loan To Value, or LTV, of this finance was 70% of the total cost of the project. That meant that our lender provided 70% of the capital, with the client providing 30%. Rate An interest rate of 4.5% per annum, or per year, was agreed between the lender and the client, total value of the loan which was £10,000,000. Term The loan was agreed over 24 months so the client borrowed and repaid over a period of two years. Exit The exit for the client was to renegotiate longer term finance once the project had been completed, using the new finance to pay off the previous, but agreeing it over a longer period now that the property was more valuable. Facebook Twitter LinkedIn Pinterest ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/band.png "band - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### Contact Us Today to achieve Same Results Would you like to discuss what other options are available to explore ? --- PERSONAL DETAILS FULL NAME Nationality Contact Number Email Address Employment Status --- PROPERTY DETAILS PROPERTY ADDRESS PROPERTY TYPE BridigingAuctionHMODevelopmentBuy-to-Let ESTIMATED MARKET VALUE ESTIMATED PURCHASED PRICE --- LOAN DETAILS LOAN AMOUNT REQUIRED PREFERRED LOAN TERM Bridiging FinanceAuction FinanceHMO FinanceDevelopment FinanceBuy-to-Let SOME OTHER FIELD # 1 SOME OTHER FIELD # 2 Submit Form [ Get a Call Back from our time ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) **Case Studies Category:** Development Finance --- ### [Refinance Property To Raise Capital For Development](https://www.hankzarihs.com/case_studies/refinance-property-to-raise-capital-for-property-development/) **Published:** October 28, 2021 **Author:** Shiraz Khan **Excerpt:** What was needed? Our client, based in London, needed to refinance their property in order to release some equity in order to fund a property development that they were investing in. The client needed a short term solution in order to release capital to purchase the development site, and decided to use their residential property as security for the loan. **Content:** ### What was needed? Our client, based in London, needed to refinance their property in order to release some equity in order to fund a property development that they were investing in. The client needed a short term solution in order to release capital to purchase the development site, and decided to use their residential property as security for the loan. ### What did we do? We spoke to our clients about refinancing their property arrangements with a remortgage on their personal property which allowed them to release the required capital for their property investment. We spoke to the client to understand what they needed, what their situation was and then shopped the market for our exclusive partners and presented them with a range of options. LTV The Loan To Value (LTV) of this refinancing was 75%. The total amount lent was £650,000 Rate An interest rate of 7.5% PA (Per Annum) which means that the total interest paid was 7.5% of the total value of the loan over the course of the year. Term A 12 month refinancing deal was agreed between our client and the lender, giving them time and space to repay the loan and reach their exit goal. Exit The exit plan was to wait until planning permission came through to the client for their new investment which was land that they intended to build on. After 12 months the planning permission was agreed and the loan was repaid. Facebook Twitter LinkedIn Pinterest ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/band.png "band - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### Contact Us Today to achieve Same Results Would you like to discuss what other options are available to explore ? --- PERSONAL DETAILS FULL NAME Nationality Contact Number Email Address Employment Status --- PROPERTY DETAILS PROPERTY ADDRESS PROPERTY TYPE BridigingAuctionHMODevelopmentBuy-to-Let ESTIMATED MARKET VALUE ESTIMATED PURCHASED PRICE --- LOAN DETAILS LOAN AMOUNT REQUIRED PREFERRED LOAN TERM Bridiging FinanceAuction FinanceHMO FinanceDevelopment FinanceBuy-to-Let SOME OTHER FIELD # 1 SOME OTHER FIELD # 2 Submit Form [ Get a Call Back from our time ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) **Case Studies Category:** Auction Finance, Development Finance --- ### [Converting Office Block into 50 Apartments](https://www.hankzarihs.com/case_studies/development-finance-to-convert-office-apartment-into-50-apartments/) **Published:** October 28, 2021 **Author:** Shiraz Khan **Excerpt:** What was needed? Our client was looking to purchase an office block that they intended to convert into 40 apartments, with the client also gaining planning permission for an extra floor with an additional 10 apartments. The client needed capital to be able to complete the purchase, and needed it in the short term to be able to complete the purchase and the development of the building. **Content:** ### What was needed? Our client was looking to purchase an office block that they intended to convert into 40 apartments, with the client also gaining planning permission for an extra floor with an additional 10 apartments. The client needed capital to be able to complete the purchase, and needed it in the short term to be able to complete the purchase and the development of the building. ### What did we do? We sat down and spoke with the client to understand what they needed., how long over and what it was needed for. After understanding the project in more detail it was decided that development finance was the most appropriate type of loan to seek in the short term. LTV The total amount borrowed was £2,799,922 which represented 53% of the total market value of the property of £5,300,000. Rate Because the LTV was relatively low, the rate was 0.75% per month, charged over the 6 month term of the loan. Term The client needed to borrow the money over a period of 6 months to be able to complete the purchase and then the renovations. Exit Once the project was completed the client re-arranged their finance and agreed something longer term. Facebook Twitter LinkedIn Pinterest ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/band.png "band - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### Contact Us Today to achieve Same Results Would you like to discuss what other options are available to explore ? --- PERSONAL DETAILS FULL NAME Nationality Contact Number Email Address Employment Status --- PROPERTY DETAILS PROPERTY ADDRESS PROPERTY TYPE BridigingAuctionHMODevelopmentBuy-to-Let ESTIMATED MARKET VALUE ESTIMATED PURCHASED PRICE --- LOAN DETAILS LOAN AMOUNT REQUIRED PREFERRED LOAN TERM Bridiging FinanceAuction FinanceHMO FinanceDevelopment FinanceBuy-to-Let SOME OTHER FIELD # 1 SOME OTHER FIELD # 2 Submit Form [ Get a Call Back from our time ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) **Case Studies Category:** Auction Finance, Bridging Finance, Buy-to-Let, Development Finance, HMO, Mortgage Finance --- ### [Office to Residential Conversion with Development Finance](https://www.hankzarihs.com/case_studies/large-development-loan-used-to-convert-office-block-into-residential-units/) **Published:** October 28, 2021 **Author:** Shiraz Khan **Excerpt:** What was needed? Our client needed to borrow a substantial amount in order to redeem a bridge loan that they’d used and then convert office space into 40 residential units and an extra floor for a further 10 residential units. **Content:** ### What was needed? Our client needed to borrow a substantial amount in order to redeem a bridge loan that they’d used and then convert office space into 40 residential units and an extra floor for a further 10 residential units. ### What did we do? We sat down to understand what the project was, what it required, and what sort of experience our client had. After understanding that they had quite a lot of experience in property development we decided to help them arrange some longer term development finance so that they were able to complete the conversion and sell their properties. LTV The Gross Development Value, or GDV, which indicates what the development may be worth once completed, was £12,000,000. Our client took out a loan for 66% of the GDV in order to complete the works they needed Rate The rate of interest on the loan was 6.5% PA. Term Because it was going to take longer for our client to complete the works, we arranged a longer term development finance option over 14 months. Exit The loan was complete when our client completed the sale of their properties, using the proceeds to repay their development loan. Facebook Twitter LinkedIn Pinterest ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/band.png "band - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### Contact Us Today to achieve Same Results Would you like to discuss what other options are available to explore ? --- PERSONAL DETAILS FULL NAME Nationality Contact Number Email Address Employment Status --- PROPERTY DETAILS PROPERTY ADDRESS PROPERTY TYPE BridigingAuctionHMODevelopmentBuy-to-Let ESTIMATED MARKET VALUE ESTIMATED PURCHASED PRICE --- LOAN DETAILS LOAN AMOUNT REQUIRED PREFERRED LOAN TERM Bridiging FinanceAuction FinanceHMO FinanceDevelopment FinanceBuy-to-Let SOME OTHER FIELD # 1 SOME OTHER FIELD # 2 Submit Form [ Get a Call Back from our time ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) **Case Studies Category:** Auction Finance, Bridging Finance, Buy-to-Let, Development Finance, HMO, Mortgage Finance --- ### [Property Refinance: 5 Apartments & Freehold](https://www.hankzarihs.com/case_studies/refinance-of-5-unsold-apartments-freehold-semi-commercial-development/) **Published:** October 28, 2021 **Author:** Shiraz Khan **Excerpt:** What was needed? Our client in Surbiton needed to re-arrange their finance when they weren’t able to sell 5 apartments and a freehold from a development of 46 residential and 3 commercial units. Their previous finance arrangement had come to an end and they needed to re-negotiate the finance on the remaining units. **Content:** ### What was needed? Our client in Surbiton needed to re-arrange their finance when they weren’t able to sell 5 apartments and a freehold from a development of 46 residential and 3 commercial units. Their previous finance arrangement had come to an end and they needed to re-negotiate the finance on the remaining units. ### What did we do? We spoke with the client so that we could understand their previous arrangement, the value of their existing units and how much they needed to borrow in order to complete their previous finance. It was decided that the most appropriate type of finance would be development exit finance. LTV The total market value of the unsold properties was £3,200,000 and the client required 75% of the market value in order to clear their previous finance arrangement. Rate The rate of interest agreed by the client was 0.6% per month. Term The client arranged a 12 month lending term, with a view at early repayment if the exit plan was reached before the full term. Exit The client planned to repay the loan once all of the outstanding properties had been sold. Facebook Twitter LinkedIn Pinterest ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/band.png "band - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### Contact Us Today to achieve Same Results Would you like to discuss what other options are available to explore ? --- PERSONAL DETAILS FULL NAME Nationality Contact Number Email Address Employment Status --- PROPERTY DETAILS PROPERTY ADDRESS PROPERTY TYPE BridigingAuctionHMODevelopmentBuy-to-Let ESTIMATED MARKET VALUE ESTIMATED PURCHASED PRICE --- LOAN DETAILS LOAN AMOUNT REQUIRED PREFERRED LOAN TERM Bridiging FinanceAuction FinanceHMO FinanceDevelopment FinanceBuy-to-Let SOME OTHER FIELD # 1 SOME OTHER FIELD # 2 Submit Form [ Get a Call Back from our time ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) **Case Studies Category:** Auction Finance, Bridging Finance, Buy-to-Let, Development Finance, HMO, Mortgage Finance --- ### [SW4 Mews Houses Development Finance](https://www.hankzarihs.com/case_studies/property-finance-for-8-brand-new-mews-houses-london/) **Published:** October 29, 2021 **Author:** Shiraz Khan **Excerpt:** What was needed? Our client in London was looking to borrow capital in order to build a brand new development of 8 mews houses, with the money going towards the cost of development. The client had some money to provide up front, and already had the land and planning permission in place. The client was looking for a loan that would be in place for the duration of the construction, meaning a slightly longer term loan. **Content:** ### What was needed? Our client in London was looking to borrow capital in order to build a brand new development of 8 mews houses, with the money going towards the cost of development. The client had some money to provide up front, and already had the land and planning permission in place. The client was looking for a loan that would be in place for the duration of the construction, meaning a slightly longer term loan. ### What did we do? We sat down with the client, went through their plans, their experience and their construction timetable to ensure that they had the relevant plans in place before providing a number of options for lending. The client settled on a development loan, which we shopped the market for to ensure they received the best rate. LTV The Gross Development Value, or GDV, was £5,400,000 and the client needed to borrow just under 65% of the GDV, meaning the LTGDV was 65% Rate Instead of a monthly or annual rate, a flat rate of 7.25% was agreed, meaning the client was to pay 7.25% of the total value of the loan in interest. Term The client anticipated that the development would take 18 months in total, and the loan was agreed for 18 months. Exit Our client’s exit strategy was to use the proceeds of selling the properties to repay the loan at the end of the 18 months. Facebook Twitter LinkedIn Pinterest ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/band.png "band - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### Contact Us Today to achieve Same Results Would you like to discuss what other options are available to explore ? --- PERSONAL DETAILS FULL NAME Nationality Contact Number Email Address Employment Status --- PROPERTY DETAILS PROPERTY ADDRESS PROPERTY TYPE BridigingAuctionHMODevelopmentBuy-to-Let ESTIMATED MARKET VALUE ESTIMATED PURCHASED PRICE --- LOAN DETAILS LOAN AMOUNT REQUIRED PREFERRED LOAN TERM Bridiging FinanceAuction FinanceHMO FinanceDevelopment FinanceBuy-to-Let SOME OTHER FIELD # 1 SOME OTHER FIELD # 2 Submit Form [ Get a Call Back from our time ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) **Case Studies Category:** Buy-to-Let, HMO --- ### [PD Conversion of Office Block into 114 Flats in Reading](https://www.hankzarihs.com/case_studies/pd-conversion-of-office-block-in-reading-into-114-flats/) **Published:** October 29, 2021 **Author:** Shiraz Khan **Excerpt:** What was needed? Our client was looking to purchase an office building in Reading in order to redevelop it and convert it into 69 flats, as well as a further 45 flats in the roof space over two floors. The client had money towards the project but needed further capital in order to cover the cost of development over a longer period whilst the works were completed. **Content:** ### What was needed? Our client was looking to purchase an office building in Reading in order to redevelop it and convert it into 69 flats, as well as a further 45 flats in the roof space over two floors. The client had money towards the project but needed further capital in order to cover the cost of development over a longer period whilst the works were completed. ### What did we do? We sat down and reviewed our client’s plans and their experience as well as their business plan, seeing how long the project would take and what they required. After going through the options we recommended a development loan which could be used to fund the development of the site over a longer period LTV The total Gross Development Value, or GDV, of the site was estimated at £14.4 million, and the client needed to borrow 60% of the total GDV. Rate An interest rate of 4.25% was agreed for the total value of the loan, payable on repayment of the initial amount. Term The client estimated that they’d need 24 months to complete the development Exit The client repaid the initial amount by re-arranging longer-term exit finance through ourselves, paying back the development loan with a longer term arrangement. Facebook Twitter LinkedIn Pinterest ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/band.png "band - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### Contact Us Today to achieve Same Results Would you like to discuss what other options are available to explore ? --- PERSONAL DETAILS FULL NAME Nationality Contact Number Email Address Employment Status --- PROPERTY DETAILS PROPERTY ADDRESS PROPERTY TYPE BridigingAuctionHMODevelopmentBuy-to-Let ESTIMATED MARKET VALUE ESTIMATED PURCHASED PRICE --- LOAN DETAILS LOAN AMOUNT REQUIRED PREFERRED LOAN TERM Bridiging FinanceAuction FinanceHMO FinanceDevelopment FinanceBuy-to-Let SOME OTHER FIELD # 1 SOME OTHER FIELD # 2 Submit Form [ Get a Call Back from our time ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) **Case Studies Category:** Auction Finance, Bridging Finance, Buy-to-Let, Development Finance, HMO, Mortgage Finance --- ### [Property Developer’s Worcestershire Project](https://www.hankzarihs.com/case_studies/development-exit-facility-for-property-developer-in-worcestershire-building-4-detached-houses/) **Published:** October 29, 2021 **Author:** Shiraz Khan **Excerpt:** What was needed? Our client had completed the development of 4 detached, residential properties and wanted to release the extra capital created by the increase in value of the development. The client wanted to release this extra capital by re-financing the development in order to fund the start of their next project. **Content:** ### What was needed? Our client had completed the development of 4 detached, residential properties and wanted to release the extra capital created by the increase in value of the development. The client wanted to release this extra capital by re-financing the development in order to fund the start of their next project. ### What did we do? We spoke with our client to understand what they needed, what the new value of the development was, and how long they needed the finance for before shopping the market and helping the client to agree Development Exit Finance with one of our panel of lenders. LTV The market value of the properties was £1,605,000 and the client agreed finance for 75% of the value of the market rate, meaning an LTV of 75%. Rate An interest rate of 8.4% per annum, or per year, was agreed for the duration of the facility, meaning flexible finance until the properties were sold. Term The client, ultimately, only needed the finance for 9 months until all the properties were sold. Exit The client repaid the loan in full once all the properties were sold. Facebook Twitter LinkedIn Pinterest ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/band.png "band - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### Contact Us Today to achieve Same Results Would you like to discuss what other options are available to explore ? --- PERSONAL DETAILS FULL NAME Nationality Contact Number Email Address Employment Status --- PROPERTY DETAILS PROPERTY ADDRESS PROPERTY TYPE BridigingAuctionHMODevelopmentBuy-to-Let ESTIMATED MARKET VALUE ESTIMATED PURCHASED PRICE --- LOAN DETAILS LOAN AMOUNT REQUIRED PREFERRED LOAN TERM Bridiging FinanceAuction FinanceHMO FinanceDevelopment FinanceBuy-to-Let SOME OTHER FIELD # 1 SOME OTHER FIELD # 2 Submit Form [ Get a Call Back from our time ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) **Case Studies Category:** Buy-to-Let, Development Finance, HMO --- ### [Single Storey Loft, Rear & Side Extension](https://www.hankzarihs.com/case_studies/rear-side-extensions-and-loft-extension-financed-for-developer/) **Published:** October 29, 2021 **Author:** Shiraz Khan **Excerpt:** What was needed? Our client was looking to purchase a property in order to redevelop it and add value with the addition of a single storey rear and side extension and a loft conversion. The capital required was for the purchase of the property as well as the cost of development, with the client providing a reasonable deposit. **Content:** ### What was needed? Our client was looking to purchase a property in order to redevelop it and add value with the addition of a single storey rear and side extension and a loft conversion. The capital required was for the purchase of the property as well as the cost of development, with the client providing a reasonable deposit. ### What did we do? We sat down with client to understand the project, their experience and the capital they had, as well as their plans for the conversion, the exit and the length of time things would take. After establishing this we shopped the market for the customer and helped them to agree bridging finance with one of our panel of lenders to fund their needs. LTV The Gross Development Value of the project was £1,100,00 and the client needed to borrow 70% of that amount, making the LTV 70%. Rate A rate of 9.6% per annum, or per year, was agreed, making the facility flexible until the work was completed. Term The client used the facility for 12 months Exit The client completed the works on the property before refinancing, through ourselves, to agree a longer term Buy-To-Let mortgage and earn a residual rental income from the property. Facebook Twitter LinkedIn Pinterest ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/band.png "band - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### Contact Us Today to achieve Same Results Would you like to discuss what other options are available to explore ? --- PERSONAL DETAILS FULL NAME Nationality Contact Number Email Address Employment Status --- PROPERTY DETAILS PROPERTY ADDRESS PROPERTY TYPE BridigingAuctionHMODevelopmentBuy-to-Let ESTIMATED MARKET VALUE ESTIMATED PURCHASED PRICE --- LOAN DETAILS LOAN AMOUNT REQUIRED PREFERRED LOAN TERM Bridiging FinanceAuction FinanceHMO FinanceDevelopment FinanceBuy-to-Let SOME OTHER FIELD # 1 SOME OTHER FIELD # 2 Submit Form [ Get a Call Back from our time ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) **Case Studies Category:** Buy-to-Let, Mortgage Finance --- ### [75% LTV Arranged for Pub to 6 Units](https://www.hankzarihs.com/case_studies/75-ltv-arranged-for-public-house-transformed-into-6-residential-units/) **Published:** November 1, 2021 **Author:** Shiraz Khan **Excerpt:** What was needed? Our client in Kent had converted a former public house into 6 residential units but decided they’d like to keep 3 of those units as a property investment in their portfolio. The client wanted to refinance the project in order to pay off their existing agreements and investors for a longer term agreement. **Content:** ### What was needed? Our client in Kent had converted a former public house into 6 residential units but decided they’d like to keep 3 of those units as a property investment in their portfolio. The client wanted to refinance the project in order to pay off their existing agreements and investors for a longer term agreement. ### What did we do? We sat down with the client and discussed the project, their needs and the length of time they were looking to retain their property investments for. After establishing these facts, we then sought to shop the market and help the client arrange a longer term Buy-To-Let mortgage across the three properties. LTV The market value of the properties was £880,000 and with the landlord’s deposit, the amount borrowed was 75% of the market value. Rate The rate of interest on the loan was 6.5% PA. Term The mortgage was agreed at a fixed rate and over a fixed term of 10 years. Exit The client’s exit plan was to sell the property after the 10 year term had matured. Facebook Twitter LinkedIn Pinterest ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/band.png "band - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### Contact Us Today to achieve Same Results Would you like to discuss what other options are available to explore ? --- PERSONAL DETAILS FULL NAME Nationality Contact Number Email Address Employment Status --- PROPERTY DETAILS PROPERTY ADDRESS PROPERTY TYPE BridigingAuctionHMODevelopmentBuy-to-Let ESTIMATED MARKET VALUE ESTIMATED PURCHASED PRICE --- LOAN DETAILS LOAN AMOUNT REQUIRED PREFERRED LOAN TERM Bridiging FinanceAuction FinanceHMO FinanceDevelopment FinanceBuy-to-Let SOME OTHER FIELD # 1 SOME OTHER FIELD # 2 Submit Form [ Get a Call Back from our time ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) **Case Studies Category:** Buy-to-Let, Mortgage Finance --- ### [Development Finance Arranged For Plot of Land in Cheltenham](https://www.hankzarihs.com/case_studies/development-finance-arranged-for-plot-of-land-in-cheltenham/) **Published:** November 1, 2021 **Author:** Shiraz Khan **Excerpt:** What was needed? Our client had identified a plot of land that they saw a development opportunity for and needed to raise capital in order to purchase the plot as well as cover the costs of developing it into residential properties. **Content:** ### What was needed? Our client had identified a plot of land that they saw a development opportunity for and needed to raise capital in order to purchase the plot as well as cover the costs of developing it into residential properties. ### What did we do? We spoke to the client to understand what their experience was like, whether they had a good track record, and where they were with planning permission for the plot. After establishing these facts and what they were looking for, we helped the customer to shop the market and agree development finance over the mid term to cover the cost of purchase and development. LTV - Loan to Day 1 Value – 64.39%, this was to cover the immediate costs, meaning just under 65% of the immediate cost. - Loan to GDV – 53.85%, this was the amount of the loan against the Gross Development Value, or the estimated eventual value of the project upon completion. - Loan to Cost – 79.03%, which was the amount borrowed against the actual cost of the project. Rate A rate of 7% per annum, or per year, was agreed, making the arrangement flexible. Term The project took a total of 18 months before the client completed their exit plan. Exit The client repaid the principle of the loan through the proceeds of selling the properties once completed. Facebook Twitter LinkedIn Pinterest ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/band.png "band - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### Contact Us Today to achieve Same Results Would you like to discuss what other options are available to explore ? --- PERSONAL DETAILS FULL NAME Nationality Contact Number Email Address Employment Status --- PROPERTY DETAILS PROPERTY ADDRESS PROPERTY TYPE BridigingAuctionHMODevelopmentBuy-to-Let ESTIMATED MARKET VALUE ESTIMATED PURCHASED PRICE --- LOAN DETAILS LOAN AMOUNT REQUIRED PREFERRED LOAN TERM Bridiging FinanceAuction FinanceHMO FinanceDevelopment FinanceBuy-to-Let SOME OTHER FIELD # 1 SOME OTHER FIELD # 2 Submit Form [ Get a Call Back from our time ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) **Case Studies Category:** Development Finance --- ### [Property Conversion: 3 Apartments Plan](https://www.hankzarihs.com/case_studies/large-semi-detached-property-seeking-planning-permission-to-convert-into-3-apartments/) **Published:** November 1, 2021 **Author:** Shiraz Khan **Excerpt:** What was needed? Our client identified a large semi-detached property that required planning permission to be converted into three apartments. Refurbishment works were required on the property before planning could be granted, and so the client needed capital to complete the work whilst the loan was outstanding. **Content:** ### What was needed? Our client identified a large semi-detached property that required planning permission to be converted into three apartments. Refurbishment works were required on the property before planning could be granted, and so the client needed capital to complete the work whilst the loan was outstanding. ### What did we do? We sat down with our client and went through all their requirements, their experience and their plan for completing the project as well as the time scale they thought it would take. After establishing these details we decided with the client that the best option was to shop the market for bridging finance whilst these works were completed, and helped them agree a bridge loan. LTV The Gross Development Value was £525,000 and the client required 75% of that amount in order to complete their project. Rate The rate of interest on the loan was 6.5% PA. Term The development works took a total of 12 months before the loan was completed. Exit Once these works were complete the client then arranged, through us, a longer term Buy-To-Let mortgage. Facebook Twitter LinkedIn Pinterest ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/band.png "band - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### Contact Us Today to achieve Same Results Would you like to discuss what other options are available to explore ? --- PERSONAL DETAILS FULL NAME Nationality Contact Number Email Address Employment Status --- PROPERTY DETAILS PROPERTY ADDRESS PROPERTY TYPE BridigingAuctionHMODevelopmentBuy-to-Let ESTIMATED MARKET VALUE ESTIMATED PURCHASED PRICE --- LOAN DETAILS LOAN AMOUNT REQUIRED PREFERRED LOAN TERM Bridiging FinanceAuction FinanceHMO FinanceDevelopment FinanceBuy-to-Let SOME OTHER FIELD # 1 SOME OTHER FIELD # 2 Submit Form [ Get a Call Back from our time ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) **Case Studies Category:** Buy-to-Let, HMO --- ### [Development Facility at 60% LTV For Property Developers in Twickenham](https://www.hankzarihs.com/case_studies/development-facility-for-property-developer-in-twickenham/) **Published:** November 1, 2021 **Author:** Shiraz Khan **Excerpt:** What was needed? Our client in Twickenham required a re-financing agreement where they needed capital whilst in the process of achieving planning permission. The money was needed to cover the costs of development whilst achieving planning permission before re-financing. **Content:** ### What was needed? Our client in Twickenham required a re-financing agreement where they needed capital whilst in the process of achieving planning permission. The money was needed to cover the costs of development whilst achieving planning permission before re-financing. ### What did we do? We sat down with the client to understand their requirements, and the client told us that they could get finance elsewhere 5 days before the end of the previous term, before informing us they needed an extension. After talking this through with the client we were able to complete their refinance within the time frame requested and complete the agreement. LTV The market value of the property once completed would be £1.2 million, and the client required 60% of that amount. Rate Because the client required flexible finance, the rate was agreed at 4.5% per annum, or year. Term The client was able to complete the work in 6 months. Exit The client, once planning permission had been achieved, exited the loan by re-arranging some development finance. Facebook Twitter LinkedIn Pinterest ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/band.png "band - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### Contact Us Today to achieve Same Results Would you like to discuss what other options are available to explore ? --- PERSONAL DETAILS FULL NAME Nationality Contact Number Email Address Employment Status --- PROPERTY DETAILS PROPERTY ADDRESS PROPERTY TYPE BridigingAuctionHMODevelopmentBuy-to-Let ESTIMATED MARKET VALUE ESTIMATED PURCHASED PRICE --- LOAN DETAILS LOAN AMOUNT REQUIRED PREFERRED LOAN TERM Bridiging FinanceAuction FinanceHMO FinanceDevelopment FinanceBuy-to-Let SOME OTHER FIELD # 1 SOME OTHER FIELD # 2 Submit Form [ Get a Call Back from our time ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) **Case Studies Category:** Development Finance --- ### [Lender Drops Deal – Urgent 75% Loan in 10 Days](https://www.hankzarihs.com/case_studies/lender-pulls-out-of-deal-bridging-facility-arranged-in-ten-days/) **Published:** November 1, 2021 **Author:** Shiraz Khan **Excerpt:** What was needed? Our client in London purchased a property at auction, a 3 bedroom townhouse that had structural issues. The client had originally agreed finance with another provider but the lender pulled out once the structural issues were identified by a survey. The client needed to replace that auction finance as quickly as possible. **Content:** ### What was needed? Our client in London purchased a property at auction, a 3 bedroom townhouse that had structural issues. The client had originally agreed finance with another provider but the lender pulled out once the structural issues were identified by a survey. The client needed to replace that auction finance as quickly as possible. ### What did we do? We sat down with the client to understand what the structural issues were, what needed fixing and what their situation was before shopping the market and speaking to our panel of lenders, where we were able to agree a new lending facility within 10 days. LTV The client required a loan of 75% of the market value of the property which was £500,000 Rate The auction bridging finance was agreed over a fixed term, and so the rate of interest was also fixed at 6% of the total value of the loan. Term The total term of the loan was over 12 months. Exit The client, once they’d completed the required work on the property refinanced into a longer-term finance arrangement. Facebook Twitter LinkedIn Pinterest ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/band.png "band - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### Contact Us Today to achieve Same Results Would you like to discuss what other options are available to explore ? --- PERSONAL DETAILS FULL NAME Nationality Contact Number Email Address Employment Status --- PROPERTY DETAILS PROPERTY ADDRESS PROPERTY TYPE BridigingAuctionHMODevelopmentBuy-to-Let ESTIMATED MARKET VALUE ESTIMATED PURCHASED PRICE --- LOAN DETAILS LOAN AMOUNT REQUIRED PREFERRED LOAN TERM Bridiging FinanceAuction FinanceHMO FinanceDevelopment FinanceBuy-to-Let SOME OTHER FIELD # 1 SOME OTHER FIELD # 2 Submit Form [ Get a Call Back from our time ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) **Case Studies Category:** Auction Finance, Buy-to-Let --- ### [75% Auction Purchase Bridging Loan](https://www.hankzarihs.com/case_studies/manchester-auction-purchase-bridging-loan/) **Published:** December 6, 2022 **Author:** Shiraz Khan **Excerpt:** What was needed? Our client purchased an undervalued property based in Manchester at auction. Our client’s plan was to purchase the property from auction and move it onto a buy-to-let once all works to the property have been completed. **Content:** ### What was needed? Our client purchased an undervalued property based in Manchester at auction. Our client’s plan was to purchase the property from auction and move it onto a buy-to-let once all works to the property have been completed. ### How We Achieved It We sat down to understand what the project was, what it required, and what sort of experience our client had. After understanding that they had quite a lot of experience in property development we decided to help them arrange some longer term development finance so that they were able to complete the conversion and sell their properties. LTV The client required a loan of 75% of the market value of the property which was £100,000 Rate The bridging finance was agreed upon at a rate of 0.95%. Term The total term of the loan was 6 months. Exit Once our client completed the required work on the property they refinanced into a term loan. Facebook Twitter LinkedIn Pinterest ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/band.png "band - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### Contact Us Today to achieve Same Results Would you like to discuss what other options are available to explore ? --- PERSONAL DETAILS FULL NAME Nationality Contact Number Email Address Employment Status --- PROPERTY DETAILS PROPERTY ADDRESS PROPERTY TYPE BridigingAuctionHMODevelopmentBuy-to-Let ESTIMATED MARKET VALUE ESTIMATED PURCHASED PRICE --- LOAN DETAILS LOAN AMOUNT REQUIRED PREFERRED LOAN TERM Bridiging FinanceAuction FinanceHMO FinanceDevelopment FinanceBuy-to-Let SOME OTHER FIELD # 1 SOME OTHER FIELD # 2 Submit Form [ Get a Call Back from our time ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) **Case Studies Category:** Auction Finance, Bridging Finance --- ### [Lender Pullls Out of Deal – Urgent 75% Bridging Loan Arranged in 10 Days](https://www.hankzarihs.com/case_studies/lender-pullls-out-of-deal-urgent-75-bridging-loan-arranged-in-10-days/) **Published:** December 6, 2022 **Author:** Shiraz Khan **Excerpt:** What was needed? Our client in London purchased a property at auction, a 3 bedroom townhouse that had structural issues. The client had originally agreed finance with another provider but the lender pulled out once the structural issues were identified by a survey. The client needed to replace that auction finance as quickly as possible. **Content:** ### What was needed? Our client in London purchased a property at auction, a 3 bedroom townhouse that had structural issues. The client had originally agreed finance with another provider but the lender pulled out once the structural issues were identified by a survey. The client needed to replace that auction finance as quickly as possible. ### What did we do? We sat down with the client to understand what the structural issues were, what needed fixing and what their situation was before shopping the market and speaking to our panel of lenders, where we were able to agree a new lending facility within 10 days. LTV The client required a loan of 75% of the market value of the property which was £500,000 Rate The auction bridging finance was agreed over a fixed term, and so the rate of interest was also fixed at 6% of the total value of the loan. Term The total term of the loan was over 12 months. Exit The client, once they’d completed the required work on the property refinanced into a longer-term finance arrangement. Facebook Twitter LinkedIn Pinterest ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/band.png "band - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### Contact Us Today to achieve Same Results Would you like to discuss what other options are available to explore ? --- PERSONAL DETAILS FULL NAME Nationality Contact Number Email Address Employment Status --- PROPERTY DETAILS PROPERTY ADDRESS PROPERTY TYPE BridigingAuctionHMODevelopmentBuy-to-Let ESTIMATED MARKET VALUE ESTIMATED PURCHASED PRICE --- LOAN DETAILS LOAN AMOUNT REQUIRED PREFERRED LOAN TERM Bridiging FinanceAuction FinanceHMO FinanceDevelopment FinanceBuy-to-Let SOME OTHER FIELD # 1 SOME OTHER FIELD # 2 Submit Form [ Get a Call Back from our time ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) **Case Studies Category:** Auction Finance, Bridging Finance, Buy-to-Let, Development Finance, HMO, Mortgage Finance --- ### [Celebrating a £6.75 Million Milestone](https://www.hankzarihs.com/case_studies/celebrating-a-6-75-million-milestone/) **Published:** October 7, 2025 **Author:** Shiraz Khan **Excerpt:** At Hank Zarihs Associates, we don’t just arrange finance, we deliver solutions that transform possibilities into reality. **Content:** ### What was needed? At [Hank Zarihs Associates](https://uk.linkedin.com/company/hankzarihsassociates?trk=public_post-text), we don’t just arrange finance, we deliver solutions that transform possibilities into reality. We are thrilled to announce the successful completion of a £6.75m 1st Charge Bridging Loan within a wider £11m portfolio. ### Deal Highlights: - Gross Loan: £6,757,500 - Market Value: £11.3m - Term: 12 months - Purpose: Refinance across 7 properties This outstanding result was led by [Shiraz Khan 🦅](https://uk.linkedin.com/in/hankzarihs?trk=public_post-text) (Managing Director & Advisor) and powered by the dedication of [Ronak Mansuri](https://uk.linkedin.com/in/ronak-mansuri?trk=public_post-text) (Case Manager), with legal expertise provided by [Khaled Ellatif](https://uk.linkedin.com/in/khaled-ellatif-6a2381172?trk=public_post-text) at [Judge & Priestley](https://uk.linkedin.com/company/judgepriestley?trk=public_post-text), ensuring a seamless process from start to finish. This deal is a reflection of what we stand for, expertise, commitment, and client success. - If you’re ready to achieve big results with your next project, let’s talk. - [ 0203 889 4403 ](tel:0203%20889%204403) - [ www.hankzarihs.com ](https://www.hankzarihs.com/) Facebook Twitter LinkedIn Pinterest ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/band.png "band - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### Contact Us Today to achieve Same Results Would you like to discuss what other options are available to explore ? --- PERSONAL DETAILS FULL NAME Nationality Contact Number Email Address Employment Status --- PROPERTY DETAILS PROPERTY ADDRESS PROPERTY TYPE BridigingAuctionHMODevelopmentBuy-to-Let ESTIMATED MARKET VALUE ESTIMATED PURCHASED PRICE --- LOAN DETAILS LOAN AMOUNT REQUIRED PREFERRED LOAN TERM Bridiging FinanceAuction FinanceHMO FinanceDevelopment FinanceBuy-to-Let SOME OTHER FIELD # 1 SOME OTHER FIELD # 2 Submit Form [ Get a Call Back from our time ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) **Case Studies Category:** Bridging Finance --- ### [Property Developer’s Buy-To-Let Finance](https://www.hankzarihs.com/case_studies/buy-to-let-finance-arranged-for-property-developer/) **Published:** October 28, 2021 **Author:** Shiraz Khan **Excerpt:** What was needed? Our client needed a longer term finance arrangement for some unsold properties on a development they had completed, and their previous finance arrangement had come to an end. Having completed the development but been unable to sell the remaining units before their previous finance completed, our client needed to re-arrange the finance on these units as soon as possible. **Content:** ### What was needed? Our client needed a longer term finance arrangement for some unsold properties on a development they had completed, and their previous finance arrangement had come to an end. Having completed the development but been unable to sell the remaining units before their previous finance completed, our client needed to re-arrange the finance on these units as soon as possible. ### What did we do? We sat down and spoke our client about their options, such as development exit finance. Eventually, the client decided to hold on to the asset and collect a rental income from the left over units, so we arranged a BTL, or Buy To Let, mortgage for these units. LTV The market value of the properties was £2,500,000 and the client required finance for a 75% LTV mortgage. This meant that the total capital they would be releasing into a BTL mortgage was 75% of the market value of the properties. Rate As it was a mortgage that was agreed, rather than a short term finance option, the rate arranged was at 3.95% per year. Term A 5 year fixed rate mortgage was arranged for 75% of the market value of the properties. Exit As this was a mortgage, the client would look to re-arrange a new fixed rate at the end of the term. Facebook Twitter LinkedIn Pinterest ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/band.png "band - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### Contact Us Today to achieve Same Results Would you like to discuss what other options are available to explore ? --- PERSONAL DETAILS FULL NAME Nationality Contact Number Email Address Employment Status --- PROPERTY DETAILS PROPERTY ADDRESS PROPERTY TYPE BridigingAuctionHMODevelopmentBuy-to-Let ESTIMATED MARKET VALUE ESTIMATED PURCHASED PRICE --- LOAN DETAILS LOAN AMOUNT REQUIRED PREFERRED LOAN TERM Bridiging FinanceAuction FinanceHMO FinanceDevelopment FinanceBuy-to-Let SOME OTHER FIELD # 1 SOME OTHER FIELD # 2 Submit Form [ Get a Call Back from our time ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) **Case Studies Category:** Auction Finance, Bridging Finance, Buy-to-Let, Development Finance, HMO, Mortgage Finance --- ### [Successfully Completed: £1.71m Development Exit Bridge](https://www.hankzarihs.com/case_studies/successfully-completed-1-71m-development-exit-bridge/) **Published:** October 7, 2025 **Author:** Shiraz Khan **Excerpt:** We’re delighted to announce the completion of a £1.71m 1st Charge Fixed Rate Bridge for one of our developer clients. **Content:** We’re delighted to announce the completion of a £1.71m 1st Charge Fixed Rate Bridge for one of our developer clients. This deal came with challenges including a MUFB holiday let property, high leverage requirements, and the need for swift execution. By working closely with [Castle Trust Bank](https://uk.linkedin.com/company/castle-trust?trk=public_post-text), [Judge & Priestley](https://uk.linkedin.com/company/judgepriestley?trk=public_post-text) & [Russell-Cooke Solicitors](https://uk.linkedin.com/company/russell-cooke?trk=public_post-text), we delivered: - 75% LTV at 0.75% - £2.5m value - 12-month term - Secured against 2 newly developed holiday let houses - Head of Underwriting: Janelle Baffa At [Hank Zarihs Associates](https://uk.linkedin.com/company/hankzarihsassociates?trk=public_post-text), we specialise in structuring finance solutions that allow developers and landlords to transition seamlessly from development into long-term income strategies. A big thank you to everyone involved in making this happen. Facebook Twitter LinkedIn Pinterest ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/band.png "band - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### Contact Us Today to achieve Same Results Would you like to discuss what other options are available to explore ? --- PERSONAL DETAILS FULL NAME Nationality Contact Number Email Address Employment Status --- PROPERTY DETAILS PROPERTY ADDRESS PROPERTY TYPE BridigingAuctionHMODevelopmentBuy-to-Let ESTIMATED MARKET VALUE ESTIMATED PURCHASED PRICE --- LOAN DETAILS LOAN AMOUNT REQUIRED PREFERRED LOAN TERM Bridiging FinanceAuction FinanceHMO FinanceDevelopment FinanceBuy-to-Let SOME OTHER FIELD # 1 SOME OTHER FIELD # 2 Submit Form [ Get a Call Back from our time ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) **Case Studies Category:** Development Finance --- ### [Completed in Under 2 Weeks – Development Exit BTL & Bridge](https://www.hankzarihs.com/case_studies/completed-in-under-2-weeks-development-exit-btl-bridge/) **Published:** October 7, 2025 **Author:** Shiraz Khan **Excerpt:** Our client was approaching the end of their development loan term on a project that wasn’t fully finished. We stepped in, negotiated with the existing lender for more time, and took the deal from undertaking to completion in less than 14 days. **Content:** Our client was approaching the end of their development loan term on a project that wasn’t fully finished. We stepped in, negotiated with the existing lender for more time, and took the deal from undertaking to completion in less than 14 days. ### Deal Highlights: Purpose: Refinance – exiting an existing development loan Security: Medium Multi-Unit Freehold Block Market Value: £2,550,000 Gross Loan Achieved: £1,898,240 LTV: 75% Lenders: [Castle Trust Bank](https://uk.linkedin.com/company/castle-trust?trk=public_post-text) & [Allica Bank](https://uk.linkedin.com/company/allicabank?trk=public_post-text) Head of underwriting: [Janelle Baffa](https://uk.linkedin.com/in/janelle-baffa-42356b198?trk=public_post-text) At [Hank Zarihs Associates](https://uk.linkedin.com/company/hankzarihsassociates?trk=public_post-text), speed and precision are what we do best, helping developers and investors protect their projects and secure the funding they need, when they need it. Big thanks to the team and partners who pulled together to get this done. Facebook Twitter LinkedIn Pinterest ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/band.png "band - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### Contact Us Today to achieve Same Results Would you like to discuss what other options are available to explore ? --- PERSONAL DETAILS FULL NAME Nationality Contact Number Email Address Employment Status --- PROPERTY DETAILS PROPERTY ADDRESS PROPERTY TYPE BridigingAuctionHMODevelopmentBuy-to-Let ESTIMATED MARKET VALUE ESTIMATED PURCHASED PRICE --- LOAN DETAILS LOAN AMOUNT REQUIRED PREFERRED LOAN TERM Bridiging FinanceAuction FinanceHMO FinanceDevelopment FinanceBuy-to-Let SOME OTHER FIELD # 1 SOME OTHER FIELD # 2 Submit Form [ Get a Call Back from our time ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) **Case Studies Category:** Development Finance --- ### [Another deal delivered – £1.125M Buy-to-Let refinance secured!](https://www.hankzarihs.com/case_studies/another-deal-delivered-1-125m-buy-to-let-refinance-secured/) **Published:** October 7, 2025 **Author:** Shiraz Khan **Excerpt:** At Hank Zarihs Associates, we’re proud to have successfully arranged a £1.125M refinance facility for an experienced portfolio landlord with 10+ projects and 10+ units in their portfolio. **Content:** At [Hank Zarihs Associates](https://uk.linkedin.com/company/hankzarihsassociates?trk=public_post-text), we’re proud to have successfully arranged a £1.125M refinance facility for an experienced portfolio landlord with 10+ projects and 10+ units in their portfolio. ### Deal Highlights: - Purpose: Refinance - Property: Two adjoining 2-bed HMOs in Buckinghamshire - Security Value: £1.5M - Loan Achieved: £1.153M at 75% LTV - Rate: 5-Year Fixed - Product: Buy-to-Let / Term Loan Refinance - Lender: [Castle Trust Bank](https://uk.linkedin.com/company/castle-trust?trk=public_post-text) - Completion time: Just over 4 weeks - Case Manager: [Ronak Mansuri](https://uk.linkedin.com/in/ronak-mansuri?trk=public_post-text) No lender? No problem. With no existing debt and a clean credit profile, our client needed a fast, structured solution and we delivered. If you’re a landlord, developer or investor looking to refinance, restructure or expand, speak to us today. We specialise in development, bridging, and buy-to-let finance, offering tailored terms and unmatched execution. - [ 0203 889 4403 ](tel:0203%20889%204403) - [ www.hankzarihs.com ](https://www.hankzarihs.com/) Big thanks to our team for delivering this deal seamlessly. Facebook Twitter LinkedIn Pinterest ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/band.png "band - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### Contact Us Today to achieve Same Results Would you like to discuss what other options are available to explore ? --- PERSONAL DETAILS FULL NAME Nationality Contact Number Email Address Employment Status --- PROPERTY DETAILS PROPERTY ADDRESS PROPERTY TYPE BridigingAuctionHMODevelopmentBuy-to-Let ESTIMATED MARKET VALUE ESTIMATED PURCHASED PRICE --- LOAN DETAILS LOAN AMOUNT REQUIRED PREFERRED LOAN TERM Bridiging FinanceAuction FinanceHMO FinanceDevelopment FinanceBuy-to-Let SOME OTHER FIELD # 1 SOME OTHER FIELD # 2 Submit Form [ Get a Call Back from our time ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) **Case Studies Category:** Buy-to-Let --- ### [Deal Completed | £1.65M Sharia-Compliant Bridge Loan](https://www.hankzarihs.com/case_studies/deal-completed-1-65m-sharia-compliant-bridge-loan/) **Published:** October 22, 2025 **Author:** Shiraz Khan **Excerpt:** At Hank Zarihs Associates, we complete every complex loan, no matter how challenging. **Content:** At [Hank Zarihs Associates](https://uk.linkedin.com/company/hankzarihsassociates?trk=public_post-text), we complete every complex loan, no matter how challenging. Our latest success: the completion of a £1.65M Sharia-compliant first charge bridging loan for an experienced portfolio landlord, secured against a high-value London-based HMO portfolio. This case required precision, deep market understanding, and a lender who could move swiftly, and our team delivered exactly that. - Purpose: Refinance & Equity Release - Product: Sharia-Compliant 1st Charge Bridge - Tenure: Freehold | Income Producing (21 HMO Studios)\*\* Huge credit to [Janelle Baffa](https://uk.linkedin.com/in/janelle-baffa-42356b198?trk=public_post-text) (Head of Underwriting) for executing another smooth and timely completion, and a big thank you to all our partners who played a part in making this deal happen. [Yasin Patel](https://uk.linkedin.com/in/yasinpatelsukuk?trk=public_post-text), Shoaib Bux, [Judge & Priestley](https://uk.linkedin.com/company/judgepriestley?trk=public_post-text), [Khaled Ellatif](https://uk.linkedin.com/in/khaled-ellatif-6a2381172?trk=public_post-text). At [Hank Zarihs Associates](https://uk.linkedin.com/company/hankzarihsassociates?trk=public_post-text), we specialise in delivering certainty, even on the most complex cases, bridging, development, or term finance. - Looking to refinance or release equity from your portfolio? Speak to our team today – [www.hankzarihs.com](https://www.linkedin.com/redir/redirect?url=http%3A%2F%2Fwww%2Ehankzarihs%2Ecom&urlhash=38RV&trk=public_post-text) Facebook Twitter LinkedIn Pinterest ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/band.png "band - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### Contact Us Today to achieve Same Results Would you like to discuss what other options are available to explore ? --- PERSONAL DETAILS FULL NAME Nationality Contact Number Email Address Employment Status --- PROPERTY DETAILS PROPERTY ADDRESS PROPERTY TYPE BridigingAuctionHMODevelopmentBuy-to-Let ESTIMATED MARKET VALUE ESTIMATED PURCHASED PRICE --- LOAN DETAILS LOAN AMOUNT REQUIRED PREFERRED LOAN TERM Bridiging FinanceAuction FinanceHMO FinanceDevelopment FinanceBuy-to-Let SOME OTHER FIELD # 1 SOME OTHER FIELD # 2 Submit Form [ Get a Call Back from our time ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) **Case Studies Category:** Bridging Finance --- ### [Deal Completed – What a Journey!](https://www.hankzarihs.com/case_studies/deal-completed-what-a-journey/) **Published:** October 22, 2025 **Author:** Shiraz Khan **Excerpt:** We’re excited to announce the successful completion of a £816,000 1st Charge Bridging Loan for a portfolio landlord refinancing 3 beautifully refurbished flats in Kent **Content:** We’re excited to announce the successful completion of a £816,000 1st Charge Bridging Loan for a portfolio landlord refinancing 3 beautifully refurbished flats in Kent 🏡✨ - Purpose: Refinance - LTV: 60% - Term: 12 months - Lender: [KSEYE](https://uk.linkedin.com/company/kseye?trk=public_post-text) - Completed on: 20/10/2025 A special mention to [Ronak Mansuri](https://uk.linkedin.com/in/ronak-mansuri?trk=public_post-text), our Case Manager, for handling this case with precision and professionalism, ensuring a smooth process from start to finish 👏 Huge thanks as well to our lending and legal partners for their swift collaboration in getting this deal across the line 💪 [Emmanuel Jatto – CeMAP](https://uk.linkedin.com/in/emmanuel-jatto-cemap-aa7522118?trk=public_post-text), [Brooke Barfoot](https://uk.linkedin.com/in/brooke-barfoot-71355767?trk=public_post-text), [Nico Gregoriou](https://uk.linkedin.com/in/nico-gregoriou-84064057?trk=public_post-text), [Nikes Khagram](https://uk.linkedin.com/in/nikes-khagram-8b81328b?trk=public_post-text), [Judge & Priestley](https://uk.linkedin.com/company/judgepriestley?trk=public_post-text), [Khaled Ellatif](https://uk.linkedin.com/in/khaled-ellatif-6a2381172?trk=public_post-text). Another proud moment for [Hank Zarihs Associates](https://uk.linkedin.com/company/hankzarihsassociates?trk=public_post-text), showcasing our ability to deliver fast, flexible finance tailored to every client’s goal. Working on a property deal? Speak to Hank Zarihs Associates today and see how we can help fund your next project. Facebook Twitter LinkedIn Pinterest ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/band.png "band - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### Contact Us Today to achieve Same Results Would you like to discuss what other options are available to explore ? --- PERSONAL DETAILS FULL NAME Nationality Contact Number Email Address Employment Status --- PROPERTY DETAILS PROPERTY ADDRESS PROPERTY TYPE BridigingAuctionHMODevelopmentBuy-to-Let ESTIMATED MARKET VALUE ESTIMATED PURCHASED PRICE --- LOAN DETAILS LOAN AMOUNT REQUIRED PREFERRED LOAN TERM Bridiging FinanceAuction FinanceHMO FinanceDevelopment FinanceBuy-to-Let SOME OTHER FIELD # 1 SOME OTHER FIELD # 2 Submit Form [ Get a Call Back from our time ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) **Case Studies Category:** Bridging Finance, Development Finance --- ### [Offer to Completion in Just 2 Days!](https://www.hankzarihs.com/case_studies/offer-to-completion-in-just-2-days/) **Published:** November 1, 2025 **Author:** Shiraz Khan **Excerpt:** A huge achievement for the Hank Zarihs Associates team, completing a £2,155,790 Buy-to-Let refinance on a holiday let property in Bournemouth, from offer to completion in just 2 days. ⚡ **Content:** A huge achievement for the [Hank Zarihs Associates](https://uk.linkedin.com/company/hankzarihsassociates?trk=public_post-text) team, completing a £2,155,790 Buy-to-Let refinance on a holiday let property in Bournemouth, from offer to completion in just 2 days. ⚡ What makes this deal stand out isn’t just the speed, but the journey behind it. We originally supported the client with a refurbishment loan to fund the works on the site. From the initial bridging stage, through refurbishment and completion, and finally onto a long-term Buy-to-Let, our team was there every step of the way, proving once again that we support our developers from start to finish. ✅ Bridge ➜ Refurb ➜ Completion ➜ Buy-to-Let ✅ £2.15m term facility secured with Castle Trust Bank ✅ Fast, smooth, and structured execution A massive thank you to our lender partners [Castle Trust Bank](https://uk.linkedin.com/company/castle-trust?trk=public_post-text), especially [Anna Lewis](https://uk.linkedin.com/in/anna-lewis-233175112?trk=public_post-text) and [Ryan Johnson](https://uk.linkedin.com/in/ryan-johnson-2a3a76157?trk=public_post-text), for their collaboration and efficiency in making this happen seamlessly. Grateful to our legal partners [Judge & Priestley](https://uk.linkedin.com/company/judgepriestley?trk=public_post-text) ([Khaled Ellatif](https://uk.linkedin.com/in/khaled-ellatif-6a2381172?trk=public_post-text)) and [Russell-Cooke Solicitors](https://uk.linkedin.com/company/russell-cooke?trk=public_post-text) ([Roshni Natasha Pankhania](https://uk.linkedin.com/in/roshni-natasha-pankhania-9b9a4b130?trk=public_post-text)) for their dedication and professionalism throughout. A special thanks to Head of Underwriting, [Janelle Baffa](https://uk.linkedin.com/in/janelle-baffa-42356b198?trk=public_post-text), whose expertise and leadership were instrumental in steering this deal from offer to completion in record time. And to [Neil Glover 🦅](https://uk.linkedin.com/in/letsmakeithappentogether?trk=public_post-text) for originating the opportunity and ensuring a seamless handover to our underwriting team. This deal is a perfect example of what [Hank Zarihs Associates](https://uk.linkedin.com/company/hankzarihsassociates?trk=public_post-text) does best combining speed, structure, and expertise to deliver real results. From acquisition to refinance, we’re proud to stand beside our clients at every stage of their property journey. ⚡ Speed. Structure. Certainty. That’s what defines us. Facebook Twitter LinkedIn Pinterest ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/band.png "band - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### Contact Us Today to achieve Same Results Would you like to discuss what other options are available to explore ? --- PERSONAL DETAILS FULL NAME Nationality Contact Number Email Address Employment Status --- PROPERTY DETAILS PROPERTY ADDRESS PROPERTY TYPE BridigingAuctionHMODevelopmentBuy-to-Let ESTIMATED MARKET VALUE ESTIMATED PURCHASED PRICE --- LOAN DETAILS LOAN AMOUNT REQUIRED PREFERRED LOAN TERM Bridiging FinanceAuction FinanceHMO FinanceDevelopment FinanceBuy-to-Let SOME OTHER FIELD # 1 SOME OTHER FIELD # 2 Submit Form [ Get a Call Back from our time ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) **Case Studies Category:** Bridging Finance, Development Finance --- ### [Deal Completed, £1,603,440 Bridging Facility Secured](https://www.hankzarihs.com/case_studies/deal-completed-1603440-bridging-facility-secured/) **Published:** December 10, 2025 **Author:** Shiraz Khan **Excerpt:** Hank Zarihs Associates is pleased to announce the successful completion of a £1,603,440 fixed-rate bridging facility for the purchase and light refurbishment of a multi-unit freehold block in NW6. ⚡ **Content:** [Hank Zarihs Associates](https://www.linkedin.com/company/hankzarihsassociates/) is pleased to announce the successful completion of a £1,603,440 fixed-rate bridging facility for the purchase and light refurbishment of a multi-unit freehold block in NW6. ⚡ This deal required precise underwriting and coordinated communication between all parties, ensuring a smooth and timely completion for our client. **Deal Highlights:** ✅ Asset: Small MUFB, NW6 ✅ Purpose: Purchase + Light Refurbishment ✅ GDV: £3,035,000 ✅ Lender: Castle Trust Bank ✅ Gross Loan: £1,603,440 Congratulations to [Janelle Baffa](https://www.linkedin.com/in/janelle-baffa-42356b198/), Head of Underwriting, for delivering another well-structured and efficiently executed outcome. Thank you to everyone involved for the seamless collaboration, and to our client for trusting us with their funding, [Castle Trust Bank](https://www.linkedin.com/company/castle-trust/), [Anna Lewis](https://www.linkedin.com/in/anna-lewis-233175112/), [Ryan Johnson](https://www.linkedin.com/in/ryan-johnson-2a3a76157/), [Russell-Cooke](https://www.linkedin.com/company/russell-cooke/), [Roshni Natasha Pankhania](https://www.linkedin.com/in/roshni-natasha-pankhania-9b9a4b130/). If you’re working on an acquisition, refinance, refurbishment or development, the team at [Hank Zarihs Associates](https://www.linkedin.com/company/hankzarihsassociates/) is ready to structure the right funding solution for your project. ⚡ Speed. Structure. Certainty. That’s what defines us. Facebook Twitter LinkedIn Pinterest ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/band.png "band - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### Contact Us Today to achieve Same Results Would you like to discuss what other options are available to explore ? --- PERSONAL DETAILS FULL NAME Nationality Contact Number Email Address Employment Status --- PROPERTY DETAILS PROPERTY ADDRESS PROPERTY TYPE BridigingAuctionHMODevelopmentBuy-to-Let ESTIMATED MARKET VALUE ESTIMATED PURCHASED PRICE --- LOAN DETAILS LOAN AMOUNT REQUIRED PREFERRED LOAN TERM Bridiging FinanceAuction FinanceHMO FinanceDevelopment FinanceBuy-to-Let SOME OTHER FIELD # 1 SOME OTHER FIELD # 2 Submit Form [ Get a Call Back from our time ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) **Case Studies Category:** Bridging Finance, Development Finance --- ### [Development Funding to a Seamless Refinance](https://www.hankzarihs.com/case_studies/development-funding-to-a-seamless-refinance/) **Published:** December 10, 2025 **Author:** Shiraz Khan **Excerpt:** From Development Funding to a Seamless Refinance — Another Full Circle Success Delivered by Hank Zarihs Associates ⚡ **Content:** From Development Funding to a Seamless Refinance — Another Full Circle Success Delivered by **[Hank Zarihs Associates](https://www.linkedin.com/company/hankzarihsassociates/)** 🏗️➡️🏠 We’re pleased to share another completed refinance for a long-standing client in Waterlooville, a scheme we originally supported at the development stage, converting a commercial unit into 19 residential apartments. Our team has now successfully completed the £1.939m Buy-to-Let / Term Loan refinance, securing long-term stability against a £2.7m market value. At Hank Zarihs Associates, this is exactly what we stand for: End-to-end support, from acquisition, to development, to refinance. This refinance allows our client to release capital and confidently move forward to their next opportunity. **A special acknowledgment to:** [Janelle Baffa](https://www.linkedin.com/in/janelle-baffa-42356b198/), Head of Underwriting, for managing the case with precision [Shiraz Khan 🦅](https://www.linkedin.com/in/hankzarihs/), for making it all possible Our lending and legal partners: [Punjab National Bank](https://www.linkedin.com/company/pnbindia/), [Arpit Bhargava](https://www.linkedin.com/in/arpit-bhargava-296b6055/), and [Judge & Priestley](https://www.linkedin.com/company/judgepriestley/) ([Khaled Ellatif](https://www.linkedin.com/in/khaled-ellatif-6a2381172/)) Another strong example of delivering bespoke property finance solutions for experienced developers and landlords. If you’re planning your next project and need expert guidance on funding options, our team is here to support you. ⚡ Speed. Structure. Certainty. That’s what defines us. Facebook Twitter LinkedIn Pinterest ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/band.png "band - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### Contact Us Today to achieve Same Results Would you like to discuss what other options are available to explore ? --- PERSONAL DETAILS FULL NAME Nationality Contact Number Email Address Employment Status --- PROPERTY DETAILS PROPERTY ADDRESS PROPERTY TYPE BridigingAuctionHMODevelopmentBuy-to-Let ESTIMATED MARKET VALUE ESTIMATED PURCHASED PRICE --- LOAN DETAILS LOAN AMOUNT REQUIRED PREFERRED LOAN TERM Bridiging FinanceAuction FinanceHMO FinanceDevelopment FinanceBuy-to-Let SOME OTHER FIELD # 1 SOME OTHER FIELD # 2 Submit Form [ Get a Call Back from our time ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) **Case Studies Category:** Bridging Finance, Development Finance --- ### [When Expertise Meets Execution – £5.7 Million Funded in One Week!](https://www.hankzarihs.com/case_studies/when-expertise-meets-execution-5-7-million-funded-in-one-week/) **Published:** January 10, 2026 **Author:** Shiraz Khan **Excerpt:** An incredible performance by our Head of Underwriting, Janelle Baffa, who completed 6 loan completions in just one week, funding a total of £5.7 million across bridging, development, and buy-to-let finance. **Content:** An incredible performance by our Head of Underwriting, Janelle Baffa, who completed 6 loan completions in just one week, funding a total of £5.7 million across bridging, development, and buy-to-let finance. Janelle’s dedication, attention to detail, and unwavering commitment to both clients and lenders are a testament to the high standards we uphold at Hank Zarihs Associates. Her ability to turn complex cases into smooth completions is what keeps our pipeline moving and our clients building. We’re proud to have leaders like Janelle setting the benchmark for excellence, inspiring the entire HZA team to keep delivering at the highest level. Here’s to continued success, stronger partnerships, and even faster completions ahead. 🏗️ Facebook Twitter LinkedIn Pinterest ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/band.png "band - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### Contact Us Today to achieve Same Results Would you like to discuss what other options are available to explore ? --- PERSONAL DETAILS FULL NAME Nationality Contact Number Email Address Employment Status --- PROPERTY DETAILS PROPERTY ADDRESS PROPERTY TYPE BridigingAuctionHMODevelopmentBuy-to-Let ESTIMATED MARKET VALUE ESTIMATED PURCHASED PRICE --- LOAN DETAILS LOAN AMOUNT REQUIRED PREFERRED LOAN TERM Bridiging FinanceAuction FinanceHMO FinanceDevelopment FinanceBuy-to-Let SOME OTHER FIELD # 1 SOME OTHER FIELD # 2 Submit Form [ Get a Call Back from our time ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) **Case Studies Category:** Bridging Finance, Buy-to-Let, Development Finance --- ### [Bridge Secured. Deadline Beaten.](https://www.hankzarihs.com/case_studies/bridge-secured-deadline-beaten/) **Published:** January 10, 2026 **Author:** Shiraz Khan **Excerpt:** A loyal client reached out while already in their notice period, with less than three weeks left to complete. The clock was ticking, and the stakes were high. **Content:** A loyal client reached out while already in their notice period, with less than three weeks left to complete. The clock was ticking, and the stakes were high. At Hank Zarihs Associates, we stepped in and delivered results: ✅ £680,000 1st Charge Bridge ✅ £850,000 Purchase Price ✅ Fixed Rate Bridge arranged through KSEYE By combining smart structuring, trusted relationships, and a relentless drive for speed, we ensured a seamless completion and protected our client’s deal. Grateful to our outstanding partners, KSEYE, Judge & Priestley, Khaled Ellatif, for helping us get this across the line. 💪 Special thanks to our Head of Underwriting, Janelle Baffa, for leading the charge and ensuring a flawless execution. 👏 Another fast, focused, and flawless delivery the Hank Zarihs Associates way. 🚀 Facebook Twitter LinkedIn Pinterest ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/band.png "band - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### Contact Us Today to achieve Same Results Would you like to discuss what other options are available to explore ? --- PERSONAL DETAILS FULL NAME Nationality Contact Number Email Address Employment Status --- PROPERTY DETAILS PROPERTY ADDRESS PROPERTY TYPE BridigingAuctionHMODevelopmentBuy-to-Let ESTIMATED MARKET VALUE ESTIMATED PURCHASED PRICE --- LOAN DETAILS LOAN AMOUNT REQUIRED PREFERRED LOAN TERM Bridiging FinanceAuction FinanceHMO FinanceDevelopment FinanceBuy-to-Let SOME OTHER FIELD # 1 SOME OTHER FIELD # 2 Submit Form [ Get a Call Back from our time ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) **Case Studies Category:** Bridging Finance --- ### [Complex Deals, Seamlessly Delivered](https://www.hankzarihs.com/case_studies/complex-deals-seamlessly-delivered/) **Published:** January 10, 2026 **Author:** Shiraz Khan **Excerpt:** At Hank Zarihs Associates, we take pride in completing transactions no matter how complex the structure. **Content:** At Hank Zarihs Associates, we take pride in completing transactions no matter how complex the structure. Our latest success was a Sharia-compliant Buy-to-Let Refinance completed with precision and speed. 📊 Key Highlights: 🏠 Property Valuation: £875,000 💷 Gross Loan Secured: £671,650 🔒 5-Year Fixed BTL / Term Loan A huge thank you to our trusted partners StrideUp and Judge & Priestley for their support in closing this deal. Special recognition to Abbas Maqsood from Stride Up and Khaled Ellatif from Judge & Priestley for their excellent work. 👏 Most importantly, well done to Ronak Mansuri, Case Manager, for expertly navigating the challenges and ensuring this deal was completed smoothly. At Hank Zarihs Associates, we don’t just arrange finance – we deliver results, no matter how complex the transaction. Facebook Twitter LinkedIn Pinterest ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/band.png "band - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### Contact Us Today to achieve Same Results Would you like to discuss what other options are available to explore ? --- PERSONAL DETAILS FULL NAME Nationality Contact Number Email Address Employment Status --- PROPERTY DETAILS PROPERTY ADDRESS PROPERTY TYPE BridigingAuctionHMODevelopmentBuy-to-Let ESTIMATED MARKET VALUE ESTIMATED PURCHASED PRICE --- LOAN DETAILS LOAN AMOUNT REQUIRED PREFERRED LOAN TERM Bridiging FinanceAuction FinanceHMO FinanceDevelopment FinanceBuy-to-Let SOME OTHER FIELD # 1 SOME OTHER FIELD # 2 Submit Form [ Get a Call Back from our time ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) **Case Studies Category:** Buy-to-Let --- ### [Another Success Story from Hank Zarihs Associates](https://www.hankzarihs.com/case_studies/another-success-story-from-hank-zarihs-associates/) **Published:** January 10, 2026 **Author:** Shiraz Khan **Excerpt:** We’re proud to announce the successful completion of a Development/Refurb Bridging Loan for a valued client. **Content:** We’re proud to announce the successful completion of a Development/Refurb Bridging Loan for a valued client. 🏡 Asset Type: Single Self-Contained Residential Property 💷 Purchase Price: £400,000 📈 Gross Loan Achieved: £367,200 🔑 Product: Fixed Rate Bridge – Development/Refurb ⚖️ Lender: Castle Trust 📑 Solicitors: Portner Law ⏳ Term: 12 months This project, classified as a light refurbishment, gives our client the leverage to purchase below market value and refinance on exit – a strategic step showcasing the true value of structured bridging finance. ✨ A special thanks to our incredible team: Neil Glover 🦅 (Advisor & Deal Summary Owner) Ronak Mansuri (Case Manager) At Hank Zarihs Associates, we deliver tailored finance solutions with speed and precision – helping developers, landlords, and investors move fast and grow strong. Facebook Twitter LinkedIn Pinterest ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/band.png "band - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### Contact Us Today to achieve Same Results Would you like to discuss what other options are available to explore ? --- PERSONAL DETAILS FULL NAME Nationality Contact Number Email Address Employment Status --- PROPERTY DETAILS PROPERTY ADDRESS PROPERTY TYPE BridigingAuctionHMODevelopmentBuy-to-Let ESTIMATED MARKET VALUE ESTIMATED PURCHASED PRICE --- LOAN DETAILS LOAN AMOUNT REQUIRED PREFERRED LOAN TERM Bridiging FinanceAuction FinanceHMO FinanceDevelopment FinanceBuy-to-Let SOME OTHER FIELD # 1 SOME OTHER FIELD # 2 Submit Form [ Get a Call Back from our time ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) **Case Studies Category:** Development Finance --- ### [From Offer to Completion in Just 4 Days – That’s How We Deliver!](https://www.hankzarihs.com/case_studies/from-offer-to-completion-in-just-4-days-thats-how-we-deliver/) **Published:** January 10, 2026 **Author:** Shiraz Khan **Excerpt:** From enquiry to completion, our team at Hank Zarihs Associates delivered a Buy to Let/Term Loan Refinance for a portfolio landlord with £3M+ in assets, securing a 75% LTV on a Small HMO in Greenford. **Content:** 🚨 £975,000 REFINANCE – COMPLETED! 🚨 From enquiry to completion, our team at Hank Zarihs Associates delivered a Buy to Let/Term Loan Refinance for a portfolio landlord with £3M+ in assets, securing a 75% LTV on a Small HMO in Greenford. We don’t just arrange finance. We unlock growth, free up capital, and make deals happen. 💼 Deal Highlights: ✔ £975,000 gross loan ✔ Capital raise included ✔ Perfect credit profile ✔ Timely completion with no delays ✔ Lender: Castle Trust Bank ✔Case Manager: Janelle Baffa Whether it is refinance, bridging, or development finance, if you have a vision, we will make it reality. Facebook Twitter LinkedIn Pinterest ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/band.png "band - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### Contact Us Today to achieve Same Results Would you like to discuss what other options are available to explore ? --- PERSONAL DETAILS FULL NAME Nationality Contact Number Email Address Employment Status --- PROPERTY DETAILS PROPERTY ADDRESS PROPERTY TYPE BridigingAuctionHMODevelopmentBuy-to-Let ESTIMATED MARKET VALUE ESTIMATED PURCHASED PRICE --- LOAN DETAILS LOAN AMOUNT REQUIRED PREFERRED LOAN TERM Bridiging FinanceAuction FinanceHMO FinanceDevelopment FinanceBuy-to-Let SOME OTHER FIELD # 1 SOME OTHER FIELD # 2 Submit Form [ Get a Call Back from our time ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) **Case Studies Category:** Development Finance --- ### [Refinance Completed: £762K Secured for 10-Bed HMO](https://www.hankzarihs.com/case_studies/refinance-completed-762k-secured-for-10-bed-hmo/) **Published:** January 10, 2026 **Author:** Shiraz Khan **Excerpt:** At Hank Zarihs Associates, we pride ourselves on delivering tailored finance solutions with speed and certainty. **Content:** At Hank Zarihs Associates, we pride ourselves on delivering tailored finance solutions with speed and certainty. We’re pleased to announce the successful completion of a Buy-to-Let refinance for a 10-bed HMO, achieving £762,000 in funding, which included a £262,000 capital raise. The transaction was completed in just 3 weeks, enabling our client to unlock equity and move swiftly on future opportunities. 📍 Asset Type: Medium HMO (10 units) 🏦 Lender: Castle Trust Bank 📊 Market Value: £1,000,000 📅 Product: 5-Year Fixed Term Loan 👤 Case Manager: Ronak Mansuri The client, an experienced portfolio landlord, benefited from our structured approach and extensive lender network, ensuring seamless delivery from enquiry to completion. Facebook Twitter LinkedIn Pinterest ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/band.png "band - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### Contact Us Today to achieve Same Results Would you like to discuss what other options are available to explore ? --- PERSONAL DETAILS FULL NAME Nationality Contact Number Email Address Employment Status --- PROPERTY DETAILS PROPERTY ADDRESS PROPERTY TYPE BridigingAuctionHMODevelopmentBuy-to-Let ESTIMATED MARKET VALUE ESTIMATED PURCHASED PRICE --- LOAN DETAILS LOAN AMOUNT REQUIRED PREFERRED LOAN TERM Bridiging FinanceAuction FinanceHMO FinanceDevelopment FinanceBuy-to-Let SOME OTHER FIELD # 1 SOME OTHER FIELD # 2 Submit Form [ Get a Call Back from our time ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) **Case Studies Category:** Buy-to-Let --- ### [From offer to completion 10 deals, 7days, no compromises.](https://www.hankzarihs.com/case_studies/from-offer-to-completion-10-deals-7days-no-compromises/) **Published:** January 10, 2026 **Author:** Shiraz Khan **Excerpt:** In just 7 days, our Senior Case Manager Janelle Baffa completed 10 property finance deals totalling £7.2M. **Content:** In just 7 days, our Senior Case Manager Janelle Baffa completed 10 property finance deals totalling £7.2M. The week included: Bridging loans from £54k to £1.65M BTL refinances up to £904k Development finance with purchases approaching £2M These transactions spanned locations from Aberdeen to Bristol and covered a mix of purchases and refinances, proving that no matter the complexity, we get deals done. Janelle’s achievement reflects the dedication, speed and expertise our clients rely on. Facebook Twitter LinkedIn Pinterest ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/band.png "band - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### Contact Us Today to achieve Same Results Would you like to discuss what other options are available to explore ? --- PERSONAL DETAILS FULL NAME Nationality Contact Number Email Address Employment Status --- PROPERTY DETAILS PROPERTY ADDRESS PROPERTY TYPE BridigingAuctionHMODevelopmentBuy-to-Let ESTIMATED MARKET VALUE ESTIMATED PURCHASED PRICE --- LOAN DETAILS LOAN AMOUNT REQUIRED PREFERRED LOAN TERM Bridiging FinanceAuction FinanceHMO FinanceDevelopment FinanceBuy-to-Let SOME OTHER FIELD # 1 SOME OTHER FIELD # 2 Submit Form [ Get a Call Back from our time ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) **Case Studies Category:** Bridging Finance, Development Finance --- ### [Another Deal Completed: Development/Refurbishment Loan Secured](https://www.hankzarihs.com/case_studies/another-deal-completed-development-refurbishment-loan-secured/) **Published:** January 10, 2026 **Author:** Shiraz Khan **Excerpt:** We’re proud to announce the successful completion of a £352,000 Bridging Loan for a light refurbishment of a residential asset in St. Leonards-on-Sea. **Content:** We’re proud to announce the successful completion of a £352,000 Bridging Loan for a light refurbishment of a residential asset in St. Leonards-on-Sea. ✅ Borrower: Experienced landlord (1–3 units in portfolio) ✅ Market Value: £400,000 ✅ GDV (Post-Works Value): £525,000 ✅ Market Rent (Post-Refurb): £27,000 p.a. ✅ Works: Full internal refurb, no structural changes ✅ Term: 12 Months | LTV Day 1: 80% ✅ Insurance Reinstatement: £325,000 ✅ Credit History: Perfect ✅ Security: Freehold Single Self-Contained House 👤 Case Manager: Ronak Mansuri This high-priority case was delivered for an existing client with precision by our team at Hank Zarihs Associates. Looking to refurb and refinance? We’ll structure it to suit your strategy, fast, flexible funding at your fingertips. Facebook Twitter LinkedIn Pinterest ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/band.png "band - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### Contact Us Today to achieve Same Results Would you like to discuss what other options are available to explore ? --- PERSONAL DETAILS FULL NAME Nationality Contact Number Email Address Employment Status --- PROPERTY DETAILS PROPERTY ADDRESS PROPERTY TYPE BridigingAuctionHMODevelopmentBuy-to-Let ESTIMATED MARKET VALUE ESTIMATED PURCHASED PRICE --- LOAN DETAILS LOAN AMOUNT REQUIRED PREFERRED LOAN TERM Bridiging FinanceAuction FinanceHMO FinanceDevelopment FinanceBuy-to-Let SOME OTHER FIELD # 1 SOME OTHER FIELD # 2 Submit Form [ Get a Call Back from our time ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) **Case Studies Category:** Bridging Finance --- ### [Another loan completed, another client empowered to build more.](https://www.hankzarihs.com/case_studies/another-loan-completed-another-client-empowered-to-build-more/) **Published:** January 10, 2026 **Author:** Shiraz Khan **Excerpt:** At Hank Zarihs Associates, we don’t just fund projects, we unlock potential. **Content:** At Hank Zarihs Associates, we don’t just fund projects, we unlock potential. This time, we secured a £1.36M refinance for an existing client with a £6.7M+ portfolio, allowing them to convert two units into a stunning single-family dwelling in East London. 🔑 £1,720,000 gross loan 🏠 1st charge bridge | Freehold residential asset 💷 £570K capital raise 📍 Newick Road ⚡ Deal closed in just 3 weeks 🤝 Lender: Castle Trust Bank With major refurb works planned and a sharp exit strategy in place, this is what effective funding looks like-fast, structured, and forward-thinking. Facebook Twitter LinkedIn Pinterest ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/band.png "band - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### Contact Us Today to achieve Same Results Would you like to discuss what other options are available to explore ? --- PERSONAL DETAILS FULL NAME Nationality Contact Number Email Address Employment Status --- PROPERTY DETAILS PROPERTY ADDRESS PROPERTY TYPE BridigingAuctionHMODevelopmentBuy-to-Let ESTIMATED MARKET VALUE ESTIMATED PURCHASED PRICE --- LOAN DETAILS LOAN AMOUNT REQUIRED PREFERRED LOAN TERM Bridiging FinanceAuction FinanceHMO FinanceDevelopment FinanceBuy-to-Let SOME OTHER FIELD # 1 SOME OTHER FIELD # 2 Submit Form [ Get a Call Back from our time ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) **Case Studies Category:** Bridging Finance --- ### [Another deal done – fast.](https://www.hankzarihs.com/case_studies/another-deal-done-fast/) **Published:** January 10, 2026 **Author:** Shiraz Khan **Excerpt:** We’ve just completed a £1.36M bridging loan at 80% LTV for a 6-flat. From start to finish in just 2 weeks. **Content:** We’ve just completed a £1.36M bridging loan at 80% LTV for a 6-flat. From start to finish in just 2 weeks. No delays. No drama. Just straight-talking finance done right. If your next project needs funding with speed and precision, we’re ready when you are. Residential or commercial Ready to move quickly Trusted by developers across the UK Hank Zarihs Associates – Bridging the gap between vision and reality Facebook Twitter LinkedIn Pinterest ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/band.png "band - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### Contact Us Today to achieve Same Results Would you like to discuss what other options are available to explore ? --- PERSONAL DETAILS FULL NAME Nationality Contact Number Email Address Employment Status --- PROPERTY DETAILS PROPERTY ADDRESS PROPERTY TYPE BridigingAuctionHMODevelopmentBuy-to-Let ESTIMATED MARKET VALUE ESTIMATED PURCHASED PRICE --- LOAN DETAILS LOAN AMOUNT REQUIRED PREFERRED LOAN TERM Bridiging FinanceAuction FinanceHMO FinanceDevelopment FinanceBuy-to-Let SOME OTHER FIELD # 1 SOME OTHER FIELD # 2 Submit Form [ Get a Call Back from our time ](#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMxMDE3IiwidG9nZ2xlIjpmYWxzZX0%3D) **Case Studies Category:** Bridging Finance --- ### [£6.3M FUNDED. £11M VISION UNLOCKED.](https://www.hankzarihs.com/case_studies/6-3m-funded-11m-vision-unlocked/) **Published:** January 10, 2026 **Author:** Shiraz Khan **Excerpt:** A powerhouse deal now COMPLETED for our existing client, turning a commercial site into a bold 43-unit PD transformation. **Content:** A powerhouse deal now COMPLETED for our existing client, turning a commercial site into a bold 43-unit PD transformation. 🧱 Development / Refurb Loan 📈 GDV: £11,084,420 🛠️ Build: £3.8M 📆 Term: 24 Months 🔥 70% GDV | 90% LTC | 4.7% over base Deal led by: Janelle Baffa (Case Manager) Facebook Twitter LinkedIn Pinterest ![Hank Zarihs Associates](https://www.hankzarihs.com/wp-content/uploads/2025/04/band.png "band - Bridging and Development Finance Solutions - Bridging and Development Finance Solutions") ##### Contact Us Today to 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