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Dragonfly Blog

Jonathan SamuelsIs there any logic to house prices?
02 April 2013
by Jonathan Samuels

Jonathan SamuelsSamuels Says
07 February 2013
by Jonathan Samuels

Jonathan SamuelsUK Economy walking on thin ice
11 January 2013
by Jonathan Samuels

Jonathan SamuelsLondon and the rest
04 December 2012
by Jonathan Samuels

Mark PosniakIt's buzzing here at Dragonfly
27 November 2012
by Mark Posniak

Jonathan SamuelsSamuels Says
06 November 2012
by Jonathan Samuels

Mark PosniakWhat's first place in second charges?
26 October 2012
by Mark Posniak

Jonathan SamuelsAs you were...
19 September 2012
by Jonathan Samuels

Jonathan SamuelsView the bigger picture before you decide
06 August 2012
by Jonathan Samuels

Jonathan SamuelsUK Economy is in a Dark Place
25 July 2012
by Jonathan Samuels

Jonathan SamuelsSellers make the right move
16 July 2012
by Jonathan Samuels

Jonathan SamuelsDesperation Driving Asking Prices
20 June 2012
by Jonathan Samuels

Mark PosniakWe did it!!
15 June 2012
by Mark Posniak

Jonathan SamuelsBank of England gets it wrong...again
20 April 2012
by Jonathan Samuels

Mark PosniakSimon Rubinsohn Meets Swampy on the Steps of the RICS
13 April 2012
by Mark Posniak

Jonathan SamuelsPlanning is the perennial thorn
29 March 2012
by Jonathan Samuels

Jonathan SamuelsGovernment in cloud cuckoo land with NewBuy scheme
12 March 2012
by Jonathan Samuels

Jonathan SamuelsSamuels Says...
01 March 2012
by Jonathan Samuels

Jonathan SamuelsDROs: Is a second wave of serious debtors forming offshore?
02 February 2012
by Jonathan Samuels

Mark Posniak-0.2%! Pheweeee!
25 January 2012
by Mark Posniak

Jonathan SamuelsCheap money, free money, something's gotta give.
12 January 2012
by Jonathan Samuels

Jonathan Samuels2012 is a Golden Opportunity for Investors, even if we miss Gold at the Olympics
03 January 2012
by Jonathan Samuels

Mark PosniakMore doom and gloom from the Ivory Towers of the City
01 December 2011
by Mark Posniak

Jonathan SamuelsTalking the talk... and walking the walk
07 November 2011
by Jonathan Samuels

Jonathan SamuelsBridging the bear market
17 October 2011
by Jonathan Samuels

Jonathan SamuelsGlobalisation - Now we get it
13 September 2011
by Jonathan Samuels

Jonathan SamuelsSamuels Says...
08 September 2011
by Jonathan Samuels

Jonathan SamuelsUK property market immersed in global maelstrom
23 August 2011
by Jonathan Samuels

Mark PosniakReality gap finally closing
17 August 2011
by Mark Posniak

Jonathan SamuelsThe Madness of Markets
12 July 2011
by Jonathan Samuels

Mark PosniakIndustry should not be harking back to loan shark days
30 June 2011
by Mark Posniak

Mark PosniakGreek tragedy plays into hands of property investors
24 June 2011
by Mark Posniak

Jonathan SamuelsFour feathers for the intelligentsia
08 June 2011
by Jonathan Samuels

Jonathan SamuelsNeither Rhyme Nor Reason
17 May 2011
by Jonathan Samuels

Mark PosniakTemperature soaring...
03 May 2011
by Mark Posniak

Jonathan SamuelsThe grand irony of monetary policy
14 April 2011
by Jonathan Samuels

Jonathan SamuelsThank you...
25 March 2011
by Jonathan Samuels

Mark PosniakWhat happened to Broker Loyalty?
15 March 2011
by Mark Posniak

Jonathan SamuelsWhen is good news not necessarily good?
02 March 2011
by Jonathan Samuels

Mark PosniakDrawbridge scoop best Short Term Lender award
18 February 2011
by Mark Posniak

Jonathan SamuelsBank of England Must Avoid Giving Economy the Bends
16 February 2011
by Jonathan Samuels

Mark Posniak2011 Shaping up to be a Hard Twelve Months
28 January 2011
by Mark Posniak

Jonathan SamuelsSo long 2010, bring on 2011
10 January 2011
by Jonathan Samuels

Jonathan SamuelsMonetizing the up-cycle
14 December 2010
by Jonathan Samuels

Mark PosniakGo Bokke!
29 November 2010
by Mark Posniak

Jonathan SamuelsShine On...
15 November 2010
by Jonathan Samuels

Mark PosniakRise or fall - whichever way you look at it the opportunities are out there
11 October 2010
by Mark Posniak

Jonathan SamuelsDrawbridge fund Dragon's property venture Knightsbridge
27 September 2010
by Jonathan Samuels

Mark PosniakProfessional Property Investors continue to defy stagnant property market
17 September 2010
by Mark Posniak

Jonathan SamuelsDrawbridge moves to new home in St Pauls
31 August 2010
by Jonathan Samuels

Mark PosniakMixed Bags not a Bad Thing
13 August 2010
by Mark Posniak

Jonathan SamuelsThe need for Speed!
30 July 2010
by Jonathan Samuels

Mark PosniakWho turned up the heat?
09 July 2010
by Mark Posniak

Jonathan SamuelsDrawbridge 2 - 0 England!
29 June 2010
by Jonathan Samuels

Mark PosniakDon't stop me now...
21 May 2010
by Mark Posniak

Mark PosniakThe start of something special
15 March 2010
by Mark Posniak

Jonathan SamuelsWelcome to Drawbridge Finance
12 March 2010
by Jonathan Samuels


 

 

 

 

 

 

 

 

 

 

 

 


 

The need for Speed!

Jonathan Samuels - 30 July 2010

On Monday we took a gaggle of journalists (is there a collective term for a group of journalists?) on a day out, comprising a gastronomic tasting at Heston Blumenthal's Hinds Head in Bray followed by a champagne cruise along the Thames to Royal Windsor race course.

Predictably, some of the group were left nursing big hangovers the next day. Even more predictably, most of us were left out of pocket.

Some of the horses we backed would have been better off lugging nippers around Blackpool Beach, they were that slow.

Thankfully, the same can't be said of Drawbridge Finance. Earlier this month we  completed our fastest ever deal - from submission to completion in under 48 hours. The case involved an auction purchase for investment purposes that was rejected by a high street lender because the property didn't have a bathroom (a ludicrous scenario but one that you've doubtless come across in the past).

The case arrived mid-morning on 13 July via recorded delivery from Bournemouth-based packager, Positive Lending, and, given the experience and quality of the borrower, was offered within two hours of being underwritten.

On 14 July, specialist lender services law firm, Pure Law, carried out all the necessary legal work and on 15 July, less than 48 hours after being submitted, funds were released by Drawbridge Finance and the case completed.

So there you go. The nags at Royal Windsor might not be up to much but if you're in need of speed, Drawbridge Finance will do its best to get your case through as fast as it can.




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