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

Record making September Housing market activity

The activity of housing market has climbed highest for six months in September. According to a new research, the total number of property valuations has also set the record of second highest monthly level, which is a 0.5% fewer which has been done on March 2015, highest on record. Total annual valuation activity is up Read More

Price and Sales in September hits high in eight years

September was the strongest month for home sales since 2007; the growth was mainly due to the activity in the North. Prices keep rising in South East, which has been experiencing strongest rise on comparing with the other regions. Growth in London is determined by more affordable areas. The leading report says that London housing 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

Buy-to-let plans to increase house prices as landlords take benefit of low rates

Landlords are heading into the housing market, with the buy to let mortgages growing at more than four times when compared to the first time buyer mortgages. Banks and Building societies gave out £1.6bn of loans to landlord buying property in the month of July, which is up by 33pc on the same month of Read More