Richard Butler Creagh news

How to Invest in Real Estate: Ways to Get Started

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Richard Butler Creagh on Bridging Loans Review

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Bridging Loans To Helps Overpass the Financial Gap

Richard Butler Creagh is the founder of Henley Finance, a bridging finance company based in Henley, designed to help people complete the purchase of a property before selling their existing home by offering them short-term access to money at a high rate of interest. In this article, we’ll talk about how to get started investing in bridging loan.

Business and domestic borrowers alike are increasingly turning to independent brokers to access the finances they need with speed and simplicity. So as to take into account this developing interest for dynamic financial products, brokers and financial consultants alike are demonstrating a growing preference to bridging lenders and comparable independent service providers.

Amid the second quarter of 2017, bridging loan activity in the United Kingdom peaked at £150 million. Once a comparatively niche and unexplored area of the mortgage market, bridging finance has seen extraordinary gains over recent years – spiking a full 26% in Q2 compared to the first three months of the year.

As for the primary motivations of brokers and customers alike to look for these services, the vast majority cited the inevitable delays in receiving financial assistance from traditional banks and high street lenders Especially when hoping to organize larger loans like mortgages, traditional lenders are progressively being seen as inconvenient by the modern consumer.

The latest Bridging Trends survey found that the most common reason for bridging loan applications during Q2 last year was to fund refurbishments and general improvements.

On the whole, however, what’s clear is that the bridging industry in the United Kingdom is looking stronger than ever before, as more lenders and borrowers alike explore the alternatives to conventional mortgages and financial products.

Another fascinating finding was the way in which in spite of bridging activity as a whole spiking dramatically, borrowers, in general, sought significantly lower sums of money than in previous quarters. The average loan-to-value (LTV) levels dropped to a new low of 45.4%, which again represents the lowest recorded since 2015. What’s clear is that the bridging industry in the United Kingdom is looking stronger than ever before, as more lenders and borrowers alike explore the alternatives to conventional mortgages and financial products.

Comparatively, low-interest rates are also credited with the continuous growth of bridging loan applications across the UK, with average monthly interest rates coming out at 0.84% for the quarter.

If structured correctly and based upon realistic timeframes and price estimates, bridging finance can ease the pressure of matching up settlement dates and give you time to sell your existing property while securing your new one.

Check back soon for more news from the financial market. Learn more about how you can make the most out of bridging loans by reading about Richard Butler Creagh online. Connect with Richard Butler Creagh on his Linkedin page here if you want financial support for your business. More advice on bridging loans can be found at Richard Butler Creagh Facebook here.

auction purchase

Property Auction Financing: Why Bridging Finance is the Right Choice

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The Right Financing for a Property Auction Purchase

Richard Butler-Creagh has been in the bridging lending business for many years. It provides fast lending facilities and has a proven track record for efficiency in carrying out the due diligence process which is the most important factor from a legal point of view. Once the potential Borrower’s identity is established, not only does Butler-Creagh and his team look over the proposal but have their own experts including, planning consultants, solicitors, surveyors etc. available to ensure that the project that is being financed, runs smoothly. This is monitored throughout the duration of the project.

Read more about how buying property at an auction offers the possibility of finding a real deal, but it also means you'll need to have your financing in place before the gavel goes down at the end of the bidding.

It is important to have the right finance in place when you go to auction so that you can secure the property you have set your sights on. From property developers and private individuals to financial intermediaries and entrepreneurs, we provide finance to a variety of people and companies who need our help.

This is especially true if one is interested to buy property at an auction. Considering the fast pace in which things go on in these transactions, one will need to have the necessary funds to commit to a property purchase the moment the hammer falls and he is named the winning bidder. Property auctions require the winner to pay the full amount for a limited time only. This is why any interested property investor needs to get his source of fund ready before taking part in an auction.

In order to reap the benefits out of buying a property at an auction, a buyer will first need quick access to cash. Traditional lenders are often unable to dispense the specific amount needed to complete the transaction especially since they require processes that takes considerably longer than the usual 28 days that property auction purchases are expected to be completed.

This is where specialist financing providers that offer such loans as bridging finance come in. The loan is typically payable within 3 to 12 months. During this time, it is possible for the borrower to get the property refurbished and prepared for sale or for rent. This should also give him enough time to look for financing that is suited for a longer term as in the case of a commercial mortgage or a buy-to-let mortgage so he can pay off the bridging loan.

Bridging loans are also flexible. This means that their use is not just limited to property purchases. They can also be used to finance purchases of semi-commercial properties, retail outlets, offices, warehouses, industrial units, and even offices.

Bridging lenders usually will look at the business plan of the borrower to assess the property involved and to check how viable it is. They will often meet with the borrower to get a better understanding of the project. The loan is then structured in order to fit the needs of the borrower especially when it comes to the roll-up of the interest and the manner in which the funds are going to be released.

It is important to remember though that when taking advantage of a bridging loan, the moment that the agreed term ends, then there is a need for the borrower to get the balance paid as well as whatever accrued interest there is, referred to as the exit, lenders, and borrowers need to know the specific lump sum that needs to be paid off. It is important then for every interested party who wants to take advantage of bridging finance to plan a good exit strategy. Selling the property involved to pay off the loan is a good one.

Watch the video below to learn more.

When taking advantage of a bridging loan, choosing the right lender is important. One who has been in the industry for a long time, who has developed a good reputation, and has been getting some very good feedback from past clients would make a good choice. Learn more about how you can make the most out of bridging loans by reading about Richard Butler Creagh online. You can also learn more about Richard Butler Creagh on Crunchbase here and follow Richard Butler Creagh on Twitter.

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A Guide on How to Get Approved for a Bridge Loan

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Tips on Qualifying for a Bridging Loan

Richard Butler Creagh is the founder of Henley Finance. He came to the conclusion that this was a business that he understood and that from a successful few years in buying and renovating buildings with his own team - to building up a rental portfolio of properties in London, he found that not only could he value the properties very easily, he could also estimate any building works that needed to be carried out. After a lot of consideration, he set out to form his own bridging company.

Home-owners that want to buy a new house while still living in his current home can resort to bridge loans to finance the move. There are a lot of times when people would prefer not to move out of their house while they are still selling it and bridging finance is an ideal solution for that. It is encouraging to know that qualifying for a bridge loan is going to be less complicated when compared to getting approved for a mortgage loan. Still, there are specific requirements that one must meet in order for him to get approved.

You will need to show proof that you indeed have the means to cover the monthly fees that you will be expected to pay. You will also need to have the necessary asset which you can then use as collateral for the loan. It is necessary for you to do your own research first and find out as much as you can about all the other available options for you before you apply for this financing setup.

Find out how much it is that you will need before applying for the loan. Determine the figures needed for you to gap the sale of your existing home and the purchase of a new home or the construction of a new one. Generally, the length of the bridge loan is something that the lender will decide on. Typically, this can be between 6 months to 12 months.

Shop around. You need to find a mortgage broker or a banker that will have the means to help you get the bridge loan processed. A number of financing companies are around so, make the most of their presence and research those that can get you competitive rates. The fees are going to vary from one provider to the next which is why it is encouraged for you to really take your time. Be sure to consider the points that they will charge you with as these are usually where you will be expected to pay for a premium.

Get your assets appraised too. Before you can qualify for a bridge loan, you will need to have ample valued assets that can then be used as collateral for the loan. You will also need to show proof that you can pay the monthly payments too. The bridge loan will be largely based on the assets that you have presented as collateral along with the provider’s assessment of your ability to pay.

Watch Richard Butler Creagh video below.

Before you apply, consider getting your monthly expenses trimmed down as much as you can. Also, do check what are the conditions involved in the event that you might need to extend your bridge loan. You will never know, but there may come a point when you may have to resort to this option. It is best that you know ahead of time. Learn more about bridge loans and how you can maximize them by reading about Richard Butler Creagh online and follow Richard Butler Creagh on Twitter here

auction purchase

Property Auctions: What You Need to Know

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Richard Butler-Creagh has been in the bridging lending business for many years. At Henley Finance Ltd costs are kept as low as possible in the belief that if their borrowers make money, they return with more projects to fund. As a result, they have never advertised and all business is from word of mouth.

Read on and learn more about property auctions.

More and more people today are going to auctions to buy property. The whole process is not only exciting, but it is also exhilarating too. Unlike the usual route where you have to go through a long and complicated buying procedure, the property you are bidding on is yours the moment the hammer falls.

Auctions are better when buying a property due to the vast variety of options that are present. To a lot of people, buying a property is nothing short of a dream come true. They have to wait for years before they can finally purchase their dream home. Referring to a local agent does not always result in you getting exactly what you want. But when it comes to property auctions, you can take advantage of an incredible variety of available properties.

The fact that auctions do not need the presence of an estate agent is also another advantage. Not only is this going to save you time, but this will also help you save a lot of money as well. All you have to do is to attend an auction and start bidding the competitive price. At the end of the bidding process, you get the property that you want minus all the hassles involved.

There is total transparency with property auctions. It is reassuring to know that you are not going to be susceptible to cheating or fraud. Everything transpires in front of the rest of the audience. Prices are mentioned clearly too and such transparency ensures that everything is done in accordance with proper auction protocols.

If you are interested in buying a property through an auction, make sure to scour through magazines and newspapers to know where auctions are going to be conducted. You can also check with local estate agents as they may know where these events will take place.

You would not want to rush your decision when you decide to bid at an auction. This is a property that you will be bidding on and it is going to have a huge impact on your wallet. Take your time in finding a suitable property. Avoid spur of the moment decisions. They may be brave and bold but this may also end up with you having the greatest regret if you choose wrong.

Research about the property and see it in person too before you make the final decision to bid on it. Inspect it yourself to assess whether it will make a good investment or not. There are a lot of properties that are being auctioned off at such a poor state. This is a good chance for you to find out the costs involved in getting it improved or renovated before you will decide to push through with the bidding.

There are legal matters involved too. Since they can get complicated at times, it is best that you will consult with a solicitor on what your best course of action is so you are set a ready come bidding day.

Learn how to be a better property bidder by checking out the tips by Richard Butler Creagh. More advice on property auctions and biddings can be found at Richard Butler Creagh Facebook and follow Richard Butler Creagh on Twitter.

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Advice on how to be on Top of the Property Ladder

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Strategies to be on Top of the Property Ladder

.Richard Butler Creagh developed Henley Finance as recognised a gap in the market for a bridging finance company that had their own in-house valuation team, not reliant on outside valuers that would be able to assess the project in its entirety and taking all aspects of the development into consideration. Here is Richard Butler-Creagh tips on getting on top of the property ladder:

Property developers and investors enjoyed a few good years but now as the real estate cycle matures and uncertain events surrounds the extent of the potential for the future of capital growths, it is necessary to remember that it is not the outside world that defines success but the place you take as investors and developers. In order to navigate through the endless changes and challenges that will inevitably come up, you must prepare in advance to face these difficulties. So, let us look at these strategies that will help you reach your investment goals.

Invest in knowledge before investing in bricks and mortar. The most vital place to start investing is in you. But with a lot of information available out there, it is very difficult to know who to listen to. Learn from the people who have not only achieved what you want to achieve, but also those who have maintained their wealth over a long period of time. Surround yourself with likeminded people and get a consultant who will inspire you, challenge you and hold you accountable for your actions.

Marry your investment plans. It is very exciting to have big dreams but if the way to get you there is built with gold that you can’t really afford, then your dreams run the risk of becoming just dreams. You must remember that all blooms come to an end and over the next years you will be headed towards the peak of the property cycle. So as you enjoy your current phase, also ensure that you are financially prepared for whatever challenge that lies ahead.

Reduce risk. Strategic and smart investors look forward to the best of times to protect their portfolios in preparation for the tough times that will eventually come in the future. Rather than going forward carelessly, they take a more sensible approach by building an emergency line to buy themselves time to ride through the upcoming storms. They also own the type of property that will have continuous strong demand.

Due diligence before the deal. While normal investors buy properties emotionally, wise investors have investment plans to follow and adhere and will carefully assess any potential investment opportunity to reach their long-term goals. Investors know this will make their investment related decisions less emotional and the results will be better, consistent and predictable.

Remember to prepare for the worst, while hoping for the best or in other words maximize your upside while at the same time covering your downside and you will remain in control of your destiny to reach the top of the ladder.

If you are interested on London’s property market, visit the official page of Henley Finance and Richard Butler Creagh here, read more Richard Butler-Creagh blogs here and connect with Richard Butler-Creagh on Linkedin here.

Watch Richard Butler-Creagh video here:

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Ideas to Add Value to your Home

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Henley Finance on The True Meaning of Financial Freedom

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Richard Butler-Creagh has been in the bridging lending business for many years. He became involved with this sector through his experiences in buying and selling his own properties. He soon realized that the most important part of this process was to be able to have the availability of good financing.

Here is what finance freedom means to Richard Butler- Creagh:

Financial Freedom is not all about our finances, but also about our personalities towards our finances. It includes our principles, values, attitudes and habits towards money and finance. Even though a person’s wealth is abundant, if that is earned while destroying his honesty, integrity and honor, that person is still a slave to money, and therefore is still under financial slavery. Real financial freedom is having the ability to make good and righteous decisions regardless of whether he will earn or lose money. Thus, if you cannot choose the true decisions that you really want because you’re worried about your money, then you are still a financial slave. Financial freedom is not about the ability to buy everything, but it is more on the ability to resist and control certain things.

It doesn’t mean you owe nothing

Some people say that financial independence is the state of having no debts or no loans payable at all. Well, this is not true. Financial independence doesn’t matter if you have creditors or not. What matters are your abilities to pay in the short-term and long-term financial obligations? Thus, even though you are a borrower who has debts, as long as your creditors cannot dictate you because you can pay them on time, you can still enjoy and celebrate life with financial freedom.

It doesn’t mean you need to be rich

Financial independence doesn’t necessarily mean you have lots of money, but it simply means you have enough income to cover your expenses. So even if you earn a million dollar a month, if your expenses amount to a million and one dollars per month, you will still be trapped in financial misery. On the other hand, if you only earn a hundred dollar a month, but only spend ninety dollars per month, you can be considered to have achieved your financial freedom. Financial freedom is about the hard work, patience, diligence and other qualities you have earned while maximizing your income. Moreover, it’s also about the self-control, humility, honesty and other great virtues you have produced while minimizing your expenses.

It's not all about freedom

Well, if you’re thinking that financial freedom is all about being free from everything, then you are wrong. There is no such thing as absolute freedom. Furthermore, not all freedom will make us happy, and not all of them will make us dreary. We must always remember that to be free from a particular thing is to be a slave of another thing. Thus, if anyone wants to achieve the real financial freedom and abundance of wealth, he should escape from greed, abuse, pride, envy, deceit, and laziness.

Check back soon for more news from the property financing market. Learn more about how you can make the most out of financial freedom by reading about Richard Butler Creagh online. Connect with Richard Butler Creagh through Linkedin here and watch Richard Butler Creagh video here:

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Henley Finance Sponsor Beechdean Aston Martin Team at Le Mans 2017

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Henley Finance announces their sponsorship of the Beechdean Aston Martin team

Henley Finance Ltd is a specialist lender providing bespoke short and medium-term funding solutions to the residential and commercial property markets. Henley Finance was established in 2013 by Richard Butler-Creagh.

Henley Finance founder Richard Butler-Creagh has announced their sponsorship of the Beechdean Aston Martin team at the upcoming 24 Hours of Le Mans race on the 17th-18th of June 2017. Henley Finance, a leading UK Bridging Finance company, has sponsored the team, and racer Olly Bryant in the upcoming French endurance race. Their logo will be on the racers jacket and provide the British finance company international promotion.

Richard Butler-Creagh commented:

‘‘Henley Finance are proud sponsors of Olly Bryant in the Beechdean Aston Martin Team and we wish them every success.’’

Le Mans is the world's most prestigious active sports car race in endurance racing, held annually since 1923 near the town of Le Mans, France. It is one of the most prestigious automobile races in the world and is often called the "Grand Prix of Endurance and Efficiency." The event represents one part of the Triple Crown of Motorsport, with other events being the Indianapolis 500, and the Monaco Grand Prix. The race will take place in front of more than a quarter of a million spectators and be televised in over 190 countries around the world. Experienced GT racer Oliver Bryant is confident of a good result on his Le Mans 24 Hours return, after completing a successful test day with the Beechdean Aston Martin Racing team on the 4th of June 2017.

Oliver Bryant commented:

“It was a thrilling experience driving the Aston Martin at Le Mans. I’m now looking forward to continuing to work with Andrew, Ross and Beechdean AMR through the race week leading up to lights out on Saturday!”

The British GT Championship race winner debuted at the Circuit de la Sarthe with an impressive ninth place finish in the LMGTE-Am class last year and settled in well on his first outing in the #99 Aston Martin V8 Vantage GTE at the test, completing 24 laps of the 8,469 mile circuit and ending the test a promising sixth in class. With 15 years of experience, the Buckinghamshire-based star is no stranger to endurance racing and joins a strong line-up, including Beechdean AMR team owner Andrew Howard and Aston Martin youngster Ross Gunn, which is hungry for success at the world’s greatest endurance race with the help of their sponsors including Henley Finance.

Find out more about Richard Butler Creagh here, Connect with Richard Butler Creagh through Linkedin here and visit Richard Butler Creagh website here

Check back soon for more news from the financial market. Read the latest financial updates on the Richard Butler Creagh website here. Check out the Richard Butler Creagh profile to learn more about him and get the latest financial news on the Richard Butler Creagh Twitter page here.

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Henley Finance - Customers Reviews

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henley finance video

Henley Finance News

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Henley Finance Announce New App Release

Henley Finance have set the release date for their first App, which will be available for free download. The App was conceptualised by founder Richard Butler Creagh and has been praised as the first App of its kind from a bridging finance company.

Bridging finance company Henley Finance have announced their first App, which will make it easier than ever to apply for finance needed for property development. This is the first app to be launched by a bridging finance company. The new App, set to be released next month, will enable Henley Finance to provide a better and faster service for it's clients and will be available free on the App Store

Henley Finance have set the release date for 1st of June 2017, at which time it will available for free download. The app was conceptualised by founder Richard Butler Creagh in order to make the registration process easier for new and existing clients. It will also contain a 'Tool Box' for the professional property developer including a 'price-per-square-foot calculator' and a 'loan-to-value calculator'.

Richard Butler Creagh stated:

‘‘This is an exciting milestone for Henley Finance and will enable the company to become more competitive than ever. This App will make the process of obtaining essential information needed to approve a loan the most efficient possible and make our decision time even shorter. This will allow developers to get their necessary funding in time to secure the deal, which is what we want.’’

The bridging finance company have let only one App review blog take the first look at their new app. CloudyTech.net were given the exclusive opportunity to review the app in it's final stages of testing. They labelled it: ‘‘A useful and easy to use tool that makes getting a loan easier than ever’’ by making applications faster and easier. They loved the 'Tool Box' and praised it as the first App of its kind from a bridging finance company.

Find out more about the new App and how it works on the Richard Butler Creagh profile page of the Henley Finance website. Henley Finance Ltd is a specialist lender providing bespoke short and medium-term funding solutions to the residential and commercial property markets. They offer Mezzanine Finance for a range of property purchases, working capital for developments, and can provide fast completion on property purchases with funds available to client in less than a week. Bridging loans can be arranged for sole traders, limited companies, partnerships and private individuals. If you are interested in this service contact Richard Butler Creagh through the Henley Finance website

Find out more about Richard Butler Creagh by visiting his crunchbase profile For more information on getting financial support for your business, connect with Richard Butler Creagh on his Linkedin page here and join his professional network.

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Henley Finance Services

12:51

Henley Finance - Considering the Unusual

Today we had a case come in. It is an unusual case, not the first time – but it is a case where somebody has been declared bankrupt and they have been given a figure which will allow them to annul the bankruptcy. They approach us in order to get a loan against some of the equity in their property.

In order to progress these matters we have to do all the due diligence, and valuation in the normal way and also examine the detail that led to the bankruptcy in the first place. Then, if we find that all this is in order, we can progress to the next stage; working with the lawyers and the relevant trustee in bankruptcy. This is the crucial element as only by working together as a team, is the client able to keep their home as we have to make sure that when we lend the money all sides agree on the annulment. The solicitors would also place a charge on the relevant property at Land Registry to give us adequate security. We then put together a full and workable exit strategy which is usually a remortgage, and work through this carefully with the client and their broker, to make sure that this happens.

This is a situation that most lenders would not even think about getting involved in. Here at Henley Finance we have an experienced team that understands this process so therefore if everything makes sense then we are willing to get involved and help. We understand that sometimes people make mistakes or find themselves in difficult situations. We don’t actively seek this type of business but we do look at every application on its own merit and if we can help provide a solution to someone’s problem then we are prepared to take it further.

Henley Finance Ltd is a specialist lender providing bespoke short and medium-term funding solutions to the residential and commercial property markets. Offering mezzanine finance, loans for auction purchases, working capital for developments and, if approved, providing fast completion on property purchases with funds available to client in five to seven working days.

Bridging loans can be arranged for sole traders, limited companies, partnerships and private individuals. If you are interested in these services or wish to set up a meeting contact myself, Richard Butler Creagh, through the Henley Finance website.

If you are a business in need of finance, then you can consult Richard Butler Creagh at Henley Finance. Henley Finance are one of the leading bridging finance companies in the UK, and help businesses of all sizes achieve their goals through getting the right funding. For more information on getting financial support for your business, connect with Richard Butler Creagh on his Linkedin page here and join his professional network.

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Henley Finance Video

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How to get Business Funding

09:02

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Richard Butler - Creagh News Blog

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Financial News

Welcome to Richard Butler - Creagh news Blog, Richard is a property and finance consultant who formed Henley Finance Ltd. It provides fast lending facilities and has a proven track record for efficiency in carrying out the due diligence process which is the most important factor from a legal point of view. One of the key features that Richard Butler-Creagh has built the company on is the repeat business. At Henley Finance Ltd costs are kept as low as possible in the belief that if their borrowers make money, they return with more projects to fund. As a result, they have never advertised and all business is from word of mouth.We like to keep you update with all financial news that we think is important in today's financial market.

EasyBit’s New Bitcoin ATMs Are Helping Texans Buy Guns and Gold

EasyBit, a bitcoin ATM network, has announced the roll out of four new Bitcoin ATMs in the US state of Texas. EasyBit’s new partners say that not only do the machines drive new customer traffic to their locations, but give customers an additional method of payment.

“While Bitcoin has been around nearly 10 years, the concept of conducting business with this cryptocurrency is really starting to ramp up. One of the things that make Bitcoin so attractive is the anonymity aspect,” said Becky Tyson, Owner of Capital Coin & Bullion in Austin. “A customer came in wanting to sell a bitcoin that he received for work done. It was a successful transaction so I would bet he’ll be buying/selling again.”

“We’re enthusiastic about Bitcoin adoption in Texas and are pleased to establish a presence with four two-way Bitcoin ATMs in the Austin area,” commented Michael Dupree, Jr., CEO of EasyBit ATM. “Like our partners Capital Coin & Bullion and at Central Texas Gun Works who sell precious metals and guns we work to provide a safe, easy to use, quick, and compliant way to buy and sell bitcoin- giving a low-cost alternative to sending and receiving money.”

“We get a lot of people that come into the shop just because there is a Bitcoin ATM. We are very happy that it is here, it gives my customers more options to pay,” explained Michael Cargill Owner of Central Texas Gun Works. “Customers can purchase handgun courses, firearm accessories and firearms with Bitcoin. Customers will call from outside of Texas, order online and use Bitcoin to pay for it. We ship to a gun store in their area who will conduct the background check.”

Find out more about Richard Butler-Creagh career here, Like Richard Butler-Creagh on Facebook and Follow Richard Butler-Creagh on Twitter.

Simple Ways to Invest in Real Estate

Bridging Loans To Helps Overpass the Financial Gap

The Right Financing for a Property Auction Purchase

Tips on Qualifying for a Bridging Loan

Strategies to be on Top of the Property Ladder

Clean up the garden

Fix and maintain the exterior

Renovate your kitchen

Replace carpets

Here is what finance freedom means to Richard Butler- Creagh:

It doesn’t mean you owe nothing

It doesn’t mean you need to be rich

It's not all about freedom

Henley Finance announces their sponsorship of the Beechdean Aston Martin team

Customers Reviews

Henley Finance Announce New App Release

Henley Finance - Considering the Unusual

New Henley Finance Video Released

Questions to Ask Yourself for Obtaining Business Funding

Financial News

EasyBit’s New Bitcoin ATMs Are Helping Texans Buy Guns and Gold

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