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The latest Bridging Trends data showed that in 2017, the value of bridging loans increased by 10.7% to a total of £534.1m. In the first
February 4, 2018
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The latest Bridging Trends data showed that in 2017, the value of bridging loans increased by 10.7% to a total of £534.1m. In the first
Over the last year, many new lenders have entered the bridging finance market. A recent poll by the website Bridging & Commercial found that 74%
According to Land Registry statistics, property sales in the UK fell by 3.9% between November and December 2017. In December, there were 99,100 residential and
Bridging loans are flexible loans that have many uses. One recent example (reported by DevelopmentFinanceTodayc.o.uk this month) was a lender who wanted to
‘Silver bridgers’ is a term used to describe people over 60 who use bridging loans. BestAdvice.co.uk notes this month that bridging finance lenders and
Many British bridging finance lenders want to expand their business. The EY 2018 UK Bridging Market Study has revealed that one area that bridging lenders
Bridging finance is a useful and flexible form on lending, but not all brokers are able to provide expert advice on it. Lenders benefit from
One key advantage of a bridging loan is that it can be completed very quickly compared to a mortgage application. Most bridging loans take a
The bridging finance market enjoyed success in 2017, with £4.7bn lent in the third quarter of the year. Most financial experts believe that
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