Bridging loans increase 45pc due to new landlord appetite
Bridging loans have increased by 46pc since last year as more landlords prepare properties to enter the private rental sector.
Bridging loans have increased by 46pc since last year as more landlords prepare properties to enter the private rental sector.
Bridging loans have increased by 46pc since last year as more landlords prepare properties to enter the private rental sector.
Gross lending in bridging finance in 2011 will reach £800m for the first time, figures from West One Loans reveal today.
Property developer Christian Candy is to launch a £200m bridging loan fund as the first step to creating a fully-fledged bank.
Tiuta has announced it will offer short-term finance to clients looking for a stand-alone bridging loan in the region of £2m to £30m.
Demand for costly short-term bridging loans in increasing in the middle of the credit crunch The mortgage industry may still be recovering from the effects of the credit crunch, but in one often-overlooked corner of the market business is booming. Demand for bridging loans – short-term secured loans designed to bridge a temporary cash shortfall when buying a property – has surged, say experts …
Masthaven bridging finance has increased its maximum bridging loan size to £5 million.
Powered by WordPress