About us

We cover 100% of the VAT with no upper limit

48 Hour Funding

Many of our clients are in the final stages of their transaction when they become aware of the VAT charge. We offer funding within 48 Hours in order to help achieve a seamless completion. 

No Charge Over The Property

BloomSmith operates using a secure process in conjunction with HMRC. This unique approach allows us to provide loans without taking a charge over your property.

Market Leader

BloomSmith is where it all began. With a lack of debt liquidity in the market we recognised the benefits that unsecured VAT lending can provide to ambitious property companies and purchasers generally. We take pride in our experience and what it can bring to assist you.

“The most reliable VAT lender on the market"

Ludo Mackenzie – Head of Commercial Property, Octopus Property

Vat on commerical property understanding the 20


vat bridging explained

A Vat Bridging loan allows you to raise short term finance to cover the VAT element due on the purchase of you or your client’s commercial property. This ensures that the deal completes and the Bloomsmith structure ensures that your equity is safe and HMRC repay your loan for you.

100% Of The VAT
100% Of The SDLT
Success Rate

Team Members

The BloomSmith Team



Nigel is the co-founder and CEO of BloomSmith, bringing decades of specialised expertise to the firm. Prior to BloomSmith, Nigel founded Gilbran Group, in 1996, which is the UK’s first specialist real estate investor and developer dedicated to the automotive industry. With focus now on VAT Bridging lending his property experience has made BloomSmith a valuable funding partner and part of a borrowers working team



Jonny brings a dynamic and fresh approach to business development for BloomSmith. With highly relevant expertise in IT, Data Management, Marketing and Business Development, his support is a key element of BloomSmith’s continued success.



Neil is an accomplished debt buyer and lending principal who also brings a wealth of experience. Prior to joining BloomSmith, Neil’s own company founded by him in 1997, as well as purchasing over £2bn of distressed debt, was the first FCA accredited debt purchase company to operate on the highly sensitive HCST area. Having sold a majority stake in his business in 2017, Neil now focuses solely on driving BloomSmith to achieve excellent results

Frequently asked questions

A BloomSmith VAT loan allows you to raise short term finance to cover the VAT due on the purchase of your commercial property. This enables you to complete the deal.

The BloomSmith structure ensures that your equity is safe, as our direct collaboration with HMRC means that they repay your loan for you.

The VAT is chargeable on a commercial property where:

  • The property has been elected for VAT
  • The owner has registered their interest in that property
  • The owner has registered for VAT themselves

This is referred to as an “opted in” commercial property. The vendor is then able to issue a VAT qualifying invoice for the purchase of the property to the purchaser.

You can reclaim the VAT but first, it must be paid upon purchase of the property. Following the property purchase, your VAT reclaim is submitted and processed. It is repaid if HMRC approves the transaction. BloomSmith manages this end-to-end process for you as part of our service.

In general, it takes 45 to 120 days from the date of payment (purchase) to receive your reclaimed amount. This affects your business’s cash flow and potentially even business opportunity. A BloomSmith VAT loan allows you to focus on the next transaction rather than allocating cash to HMRC.

BloomSmith provides a fully managed VAT loan option. This offering means that we will oversee the recovery of the VAT direct from HMRC and deal with all inquiries, leaving you to focus on your new purchase and business development.

BloomSmith is highly experienced in dealing with the VAT recovery process, which can speed up recovery, and reduce interest payment costs by reducing the term of the loan.

At BloomSmith, we lend on process. We simply require you to form a new SPV outside of a group structure and provide verification of the legitimacy of the seller charging VAT. The loan is secured on recovery from HMRC rather than on available equity in the property.

No, we don’t. Our system is optimized for efficiency, and our collaboration with HMRC means that the loan is secured on repayment from them. 

We do not have a minimum or maximum loan. We can facilitate up to £20 million plus.