Commercial Property Finance - Products, Structure And Strategy

21: Michael Primrose interviews Mike Underwood from Bridging VAT

Informações:

Sinopsis

Please note: with the market changing so quickly due to the current Covid-19 Pandemic, the content could be out of date at the time of listening. Bridging Vat are a specialist lender advancing short terms loans for the VAT due on commercial property purchases. Managed by Chartered Accountants and Debt Advisory professionals with an in depth knowledge of the UK property sector, we are able to provide a unique level of expertise in both the funding and recovery of VAT. Since inception, Bridging Vat have developed a turnkey finance solution for property developers, providing the funding of the VAT requirement and pro-active management of the recovery with HMRC; this solution provides a hands-off service for our clients, allowing them to retain capital and liquidity throughout the purchase process. As a principal lender, Bridging Vat are able to respond quickly to client’s needs with in-house underwriting and decision making. Funds can be advanced in line with time critical completion schedules. Mike has been wor