Fast, simple, effective commercial property solutions
VAT on commercial property purchases can be devastating for cash flow.
Our unique, unsecured, VAT bridging loans allow you to cover the VAT element due - without tying up capital.
There's no charge on your property and no impact on mortgage debt or security.
A VAT Facility Letter of Offer is issued, the client then refers their solicitor to ours, and our standard simplified loan agreement is prepared for signature.
Once the conditions precedent process is completed, 100% of the VAT payment is transferred to the client's solicitor.
We've worked with owner-occupiers, small developers, large developers, solicitors, accountants and other advisers. We've arranged loans throughout England, N Ireland, Scotland and Wales. We've arranged Shari'ah-compliant loans. We've been involved from the start of transactions and also arranged loans at the last minute.
To see BloomSmith in action...
With backgrounds in real estate, debt financing and lending, our people bring a wealth of experience to everything we do together.
Our experience includes having bought, sold and funded commercial property and land. We know the challenges involved and the importance of speed in any property transaction.
BloomSmith are pleased to announce the completion of their first Shari’ah compliant VAT loan. Working with clients who were completing a large transaction in South
In our ongoing work to provide VAT bridging loans to those purchasing large areas of land or property, we recently approved an application that would
One of BloomSmith’s largest VAT bridging loan to date occurred in our very own city: London. The prospective buyers came to us with a wealth
This month new Government legislation has been issued, effective 1st September 2021, enforcing significant change to the use classifications for commercial property and land. Classes
BloomSmith has developed a range of partnerships with a number of the UK’s premier Insolvency Practitioners. Alongside our partners, we deliver funding support for property
Perspective in the pandemic Throughout my career as a real estate lender, I haveexperienced many storms. From the early 90’s recession, with interest rates at
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