Results for category "bridging loans"

3 Articles

Bridging lending increased by 27pc

Gross bridging lending is heaved to increase by 27% in the year from August with the quarter, now providing £2.9bn of finance for borrowers, according to a lender. This proves a considerable increase on the annual lending figures in last year, where the market has been accounted of lending for £2.2bn. Expert says: “The increase Read More

Increasing demand for bridging finance

There has been a 33% increase in bridging finance lending activity during the third quarter, despise of the slowdown in summer. When compared with £99.1m from the second quarter the lending activity has climbed up to £131.7m in third quarter showing the demand for the short term lending. There has been a consistent growth in Read More

Increased bridging loans in UK

The bridging loans market is continuing to increase with almost £50 million worth of bridging lending being granted. Meanwhile £2.5bn worth of loans was completed successfully over the last year and clients were benefited with £10million of short term funding. The completed deal from past year shows 24 percent increase, which is a rapid growth. Read More