Existing BTL unlocks £200,000 for investor’s next auction project

14 September 2026

When HFBS introduced its 0.89% monthly rate, the aim was straightforward: to give brokers, property investors and developers access to competitively priced short-term funding without losing the flexibility and direct decision-making for which HFBS is known.

Since its launch, the new rate has helped turn a range of property plans into practical funding conversations. One recent £200,000 deal demonstrates exactly what the offer was designed to achieve.

An experienced property investor had identified a potential new project coming to auction.

The opportunity fitted their wider property strategy, but auction purchases move quickly. To bid with confidence, the investor needed to know that the necessary funds could be made available if they were successful.

The investor already owned a buy-to-let property, giving them an established asset against which HFBS could consider providing the required short-term finance.

Rather than waiting for a conventional funding process to run its course, or risking the auction opportunity being lost, the existing BTL was used to help unlock £200,000 for the proposed purchase.

Dan Yendall-Collings, Director at Holme Finance Bridging Solutions, said:

“In bridging finance, the property creating the funding requirement does not always have to be the property used as security. That distinction was important in this case.

“The investor’s existing BTL gave HFBS the security needed to assess the application before the auction project had been acquired. We were more than confident to ahead and provide the funding. This allowed the client to approach the auction with greater certainty about the funds available to them.”

HFBS considered the value of the existing property, the amount required and how the client planned to repay the bridging facility. With the case meeting the qualifying criteria, the investor also benefited from HFBS’s rate of 0.89% per month.

HFBS is entirely privately funded, which means decisions are made directly by the people involved in the business. There are no bank mandates or automated systems determining whether a case fits a fixed lending model. Instead, HFBS considers the borrower’s circumstances, the available property security and the proposed exit on an individual basis.

For this investor, that meant an existing asset could be used to help them pursue a new opportunity without having to sell the BTL or wait until longer-term finance could be arranged against a property they did not yet own.

The success of HFBS’s 0.89% offer has not been based on price alone. A competitive rate can make short-term borrowing more attractive, but a deal still needs to work in practice. Brokers and borrowers also need responsive communication, clear decisions and confidence that the lender understands what the funding is intended to achieve.

This case brought those elements together:
An investor with an established BTL asset
A time-sensitive auction opportunity
£200,000 of short-term funding
Suitable property security
A defined strategy for repaying the facility
A rate of 0.89% per month

It is a good example of how equity held in an existing property can create the flexibility to pursue the next project.