THE UK'S LEADING VAT FUNDER
If you are purchasing a commercial property that is opted to tax, did you know that the VAT can be 100% funded?
Bridging Vat is a independently funded principal lender with in-house knowledge and expertise to ensure a quick and full recovery from HMRC. We lend 100% of the VAT on qualifying commercial property purchases regardless on the loan to value for the senior debt.
With our in-house accounting and tax expertise we have developed what we believe is the "go to" VAT funding product for commercial property deals in England, Scotland and Wales.
To make it simple for borrowers we have designed our own due diligence, documentation and recovery processes to provide simple fast loan advances, and a fully managed VAT recovery.
The smart solution for the financing and recovery of VAT for commercial property transactions.
What happens when you engage experts? You get professional advice that can ultimately save you time and money.
HMRC's latest report, shows estimates for September property transactions and the news is positive. Figures are based on transactional records and show the results in context of the last 10 years.
Here at Bridging Vat, our expertise means that we have simplified the process of a short term loan to fund 100% of the VAT on your commercial property purchase.
HMRC have published the August figures for the UK Property Transactions Statistics and the news is more encouraging for non-residential transactions.
By using Bridging Vat, rather than own funds or JV partners’ funds to pay the VAT bill upon completion, Developers are able to retain capital that would otherwise be tied up with HMRC for potentially between 3 and 9 months.
VAT bridging loans on commercial properties are a relatively new product on the market. As with all new products to market, there is an educational role to play, helping potential users understand why the product is beneficial, how it works and what is involved in applying for a loan.
Bridging Vat had a fantastic day sponsoring and presenting at the 2019 Commercial Developer Conference earlier this month.
HMRC data, reporting property transactions, shows level of activity in the UK property market in a given month and can act as a barometer providing insight into market confidence.