Cheshire, United Kingdom 17th Aug 2013 / PLS Solicitors PLS Solicitors, one of the leading commercial and intellectual property solicitors in Manchester, today said that it has the right formula for bridge financing companies to take advantage of the improving real property industry in the UK.
Robert Smith, director for commercial and residential property, said they offer bridge finance companies a cost-effective solution to ensure that everything is aboveboard and beneficial to their interests.
"The lenders need a fast turnaround and a lot of update regarding all transactions", he said. "And we can be that bridge between them and the commercial solicitors in Manchester acting for the purchasers of the property."
The company is acting as solicitor for bridge finance companies in Hale, Hale Barns, Wythenshawe, Sale, Wilmslow, Timperley, Didsbury, Chorlton, Stockport and Alderley Edge.
"We have fixed rates in case the bridge finance companies and our commercial solicitors in Manchester won't increase their fixed rates regardless of the amount of assets the company has or the volume of transaction", he said.
According to the UK Real Estate Prediction for 2013 prepared by the financial advisory and risk management firm Deloitte, this year's property sector will likely bottom out toward the end of the year before rebounding back beginning in 2014.
The report said that UK’s property sector will be buoyed by overseas capital infusion. Deloitte predicts that overseas companies and entities will surpass the £20 billion spent in the UK’s property market in 2012.
Andy Rothery, head of Deloitte Real Estate, said that investors will look for new sources of debt outside of the traditional lenders.
"It certainly is not going to be plain sailing", he said. "2013 is likely to see further change in the advisory, contractor and fund management sectors with additional losses and more consolidation and restructuring inevitable".
Smith said their clients can benefit from the skills and knowledge of its residential property solicitors in Manchester. He said the company spares no expense when it comes to hiring the best legal minds as well as investing in modern facilities and technology to improve its services.
"Of course, it's easier to attract the best commercial solicitors in Manchester because of the reputation we have built over the years", he said.
Having the best team, he said, makes the job of PLS Solicitors easier particularly in handling complex transactions to increase the satisfaction for the clients.
"Our responsive, solution-based approach has helped our bridge finance clients achieve their goals. To make sure that each transaction is up to par with the company standards, each of our partners is involved to oversee the deal”.
ABOUT
Aside from facilitating bridge financing, PLS Solicitors also specialists in leasing, Conveyancing, litigation, acquisitions and mergers, remortgage and unfair dismissal compensation.
Its main headquarters is located at 2 Broomfield Lane, Hale, Cheshire WA15 9AG.
For inquiries call telephone phone number 0161-941-7499 or fax at 0161-941-4078,
Or visit its website at http://www.pls-solicitors.co.uk.