Bridging finance is now being used more effective and recognised as a fast and flexible solution. The evolution of bridging has changed over the past 10 years from its original purpose for auction purchases or for people buying a home before selling their existing one. 79% of lenders surveyed believe the bridging market size now …
Speed is of the essence for Bridging Finance
44% of brokers believe ‘speed to completion’ is currently the main priority for Bridging borrowers according to United Trust Banks most recent Broker Sentiment Poll. Only 19% believed securing the lowest rate was most important which was narrowly ahead of ‘certainty of funding’. The poll also asked which sectors they were experiencing the most demand …
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Semi-Detached homes best performer since financial crash of 2008
The UK property market has gone through a rollercoaster of a ride over the past decade and house prices roared all the way until the Brexit vote back in 2016. Where will House Prices go next is a question often asked in this new protectionist era. The news has certainly not been slow for the …
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Bridging Finance can flourish in ‘most’ market cycles
Simon Says… Bridging Finance can flourish in ‘most’ market cycles As we live in uncertain times and economic growth is minimal along with property price growth, you would expect the Bridging Finance sector to be on the slowdown. However, Bridging Finance remains buoyant reaffirming itself as a strong performing sector. As Bridging Finance continues to …
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Bridging Loans Sector Grew By 15% in 2018
Bridging Loans sector grew by 15% in 2018 according to Members of the Association of Short-Term Lenders (ASTL). Bridging loans reached £766.9 million in 2018 a surge of £232.8 million compared with 2017. This presents an opportunity for lenders utilising fast and flexible financing options. New regulations will make it harder to purchase new properties. …
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Time to take a fresh look at bridging loans
Time to take a fresh look at bridging loans Think bridging loans are just for fixing broken property chains? You’re not alone. We’ve found that brokers aren’t making the most of this short-term finance option, so we’ve pulled together a simple guide to help you understand how to make bridging loans work for your clients. …
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Masthaven Launches New and Improved Consumer Credit Short Term Bridging Product
Masthaven launches new and improved Consumer Credit short term bridging product – Secured Loan Directory. Masthaven Secured Loans has relaunched its hybrid Consumer Credit regulated second charge bridging product, having run a successful pilot scheme in 2014. The lender believes this is the first Consumer Credit regulated product where no monthly interest payments are needed …
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