The team at Bridging Finance Solutions are holding a FREE Development Finance Day in collaboration with the NACFB on the 29th January 2019 at Ashton-in-Makerfield Golf Club. It is an event that property professionals will not want to miss! This is a free event but you do need to reserve a ticket.
This event aims to give people an insight into managing their first bridging deal and improving their wider knowledge of the development finance process, whilst also giving the more experienced property developers access to specialist finance providers in the market. Presentations from underwriters, valuers, quantity surveyors (QS) and solicitors will provide added insight into the specialist requirements of the professional teams involved.
Attendees are eligible to earn CPD points as the event is classed as an educational experience.
Agenda for Development Finance Day
9:30 - 10:00: Registration - Coffee and Bacon Roll
10:00 - 10:10: Welcome - Norman Chambers, Managing Director NACFB
10:10 - 10:20: Introduction - John Hardman Head of Sales BFS
10:20 - 10.50: John Howard - Property Developer, Author and ‘as seen on’ Property TV / Sky TV
10.50 - 11.20: Legal Matters - Property Specialist Lawyer Anna Rabin (Bermans LLP)
11.20 - 11.30: Coffee Break
11:30 - 12.00: Monitoring a development with advice from Quantity Surveyors (Construction and Consultancy Services Ltd) Danny Wigglesworth
12.00 - 12.30: Valuation reporting and advice from National Chartered Surveyor Mark Hardie (Hardie Brack)
12.30 - 13.00: Lunch
13.00 - 13.45: Rachel Davies (Head of Underwriting at BFS Group) and Jeanette Gwatkin (Operations and Marketing) ‘How to prepare your funding application’ Q and A session
13.45 - 14.10: Tax and its implications for 2019 Andrew Moss (Senior Partner DSG ) Chartered Accountants
14:10 - 14:30: NACFB 2019 Update Norman Chambers
14:30 - 14:40: Conclusion John Hardman BFS
14:40 - 15:15: Networking Session
A few words from Keith Litherland
At Bridging Finance Solutions, we are seeing an increase in demand for development finance and in particular those smaller developments with properties typically ranging in value from £100,000 to £750,000.
Many traditional development lenders have no appetite for these deals which they consider too small. In contrast, BFS view this customer group as a core target market and aim to help both new and experienced developers to look at a deal with fresh eyes considering how bridging can be incorporated to simplify and streamline the process.”
Working with the NACFB and their members creates an opportunity to earn CPD points as the event is classed as an educational experience. We want to encourage more brokers to increase their use of bridging, integrating this approach into their everyday lending solutions.