Lenders respond to changing conditions in building construction
Many bridging finance lenders arrange bridging loans for building developers. For new build developers, a loan can finance the purchase of (more…)
Many bridging finance lenders arrange bridging loans for building developers. For new build developers, a loan can finance the purchase of (more…)
A couple who needed a bridging loan could not afford a deposit, but Steve McQueen’s Porsche 917 car saved the deal. (more…)
Many borrowers who are refused a loan are borderline cases that only just fall below (more…)
If a high street bank cannot assist one of their customers to obtain finance, the Bank Referral Scheme requires them to direct customers to an alternative (more…)
‘Fintech’ is a term used to define the use of technology to make finance business easier. Cloud-based applications are being used to help brokers.
The first part of (more…)
Many businesses in the world are reporting difficulties in recruiting suitably skilled personnel. Does this mean that specialist lenders, which (more…)
Many borrowers are taking out short-term bridging loans until more long-term finance is available.
A typical example of this is (more…)
All stages of the bridging application process can be completed without ever meeting a bridging broker in person, but sometimes it can help to have a face to face meeting. (more…)
The Bank of England’s Monetary Policy Committee said that it expects to raise the base interest rate soon and this could cause bridging loan rates to rise. The Bank of England base rate is expected to rise from 0.25% to 0.5%. (more…)