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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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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