When speed matters Bridging Finance can come to the rescue. Bridging loans are becoming very popular again which hopefully shows that the property market is starting recover.
Catch up on all the latest Bridging Finance news and where to find the best deals.
Bridging loans are short-term financing options that can be incredibly useful in certain situations. They provide quick access to funds and can help bridge the financial gap between selling an existing property and purchasing a new one. However, like any financial product, there are pitfalls to consider when considering a bridging loan. This blog post …
Understanding Bridging Finance: A Guide for UK Property Investors Are you a property investor in the UK looking to expand your portfolio or embark on a new project? If so, you may have encountered the term “bridging finance” and wondered how it could benefit your property ventures. Let’s delve into bridging finance, drawing insights from …
The UK bridging industry is expect to provide borrowers with a targeted £2 billion in short-term secured finance by the end of 2013, according to the latest West One Bridging Index. In the second quarter, industry gross bridging lending was £492 million, or an annualised rate of £1.97 billion. In the twelve months to June, gross bridging lending was £1.76 billion. Annual lending has grown by 9 per cent since the first quarter, and […]
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West One Loans Bridging Finance Index Research from West One Loans, who claim to be the largest privately funded bridging lender in the UK, shows that demand for bridging finance surged to £911m. Here are the mains points from their press release: Gross bridging lending in 2011 was 110% higher than in 2010 The average …
It’s probably true to say that the majority of people using bridging finance are doing so for the first time, and probably won’t use it again. That’s not to say there is anything wrong with the bridging finance industry, but it’s relevant because it means that customers and brokers are unlikely to be familiar with …
A quick round up of business finance news. A recent survey of 1,000 SME’s by HSBC Commercial bank has established that more than eight out of ten small business owners think that their businesses will grow over the next 12 months. Whilst raising business finance remains challenging around 14% of businesses that responded to the …