What will 2018 hold for bridging loans?
The bridging finance market enjoyed success in 2017, with £4.7bn lent in the third quarter of the year.
Most financial experts believe that (more…)
How the bridging finance market has grown over the last 10 years
During the period from 2007 to 2017 the total value of bridging loans lent has tripled to over £3bn, according to a January 2018 MortgageStrategy.co.uk article.
In 2007, bridging lending was a (more…)
Bridging loans from £3 million to £10 million available
For those who need a bridging loan of between £3 million and £10 million, they fall between two areas. (more…)
Businesses wait 74 days for invoices to be settled
A recent survey found that on average, businesses are waiting 74 days for invoices to be paid, said a November 2017 BridgingAndCommercial.co.uk article.
This is one of (more…)
UK bridging finance lending at pre-Brexit referendum high
In the third quarter of 2017, bridging lending totalled £4.7bn, which exceeds the £4.4bn lent in 2016 before the Brexit referendum, P2PFinanceNews.co.uk reported in (more…)
Brokers believe Brexit beyond government’s control
A survey of brokers has found that 90% believe the UK government is not in control of the Brexit process, reported MortgageIntroducer.com in (more…)
Property transactions and bridging loans remain up on 2016
The most recent data from HMRC covers the August 2017 period when UK property transactions fell by 1.8% compared with the previous month, but this was (more…)
Terraced Houses and blured "Black Cab"in Clapham ,London. (Long exposure)
Small drop in bridging lending during third quarter of 2017
Bridging lending totalled £142.75 million during the third quarter of 2017 – a fall of 4.9% compared to the previous quarter. However, lending was still up 2% compared to the third quarter of 2016. (more…)
FCA data reveals surprising bridging finance information
The Financial Conduct Authority (FCA) has compiled new data about bridging finance, with some interesting findings.
Firstly, it found that (more…)
FCA pleased at state of regulated bridging finance market
The latest data from the Financial Conduct Authority (FCA) shows that the regulated bridging finance sector is performing well, and it remains vigilant about (more…)
