The latest research by Revolution Brokers reveals that bridging loan lending has increased by 30% since the start of the pandemic, as UK homebuyers work hard to stay afloat in an historically busy housing market. In Q1 2020, at the very start of the pandemic, total bridging loan lending in the UK […]
A growing number of landlords and investors are using bridging finance in order to upgrade their assets and maximise the value of their properties during an unpredictable lockdown and covid-19 pandemic. Whilst landlords are typically renting out their flats and homes to students, professionals and businesses, they are faced with […]
Buying a property at auction involves paying a 10% deposit on the day and signing a contract to say the remaining 90% will be paid within 28 days. Often, buyers do not have the required amount of money to buy a property outright, and they must consider finance options such […]
One of the great things about being in property today is that there are so many different ways we can raise our finance. And if you find yourself in a situation where you find yourself a fantastic refurb opportunity, but you can’t get standard buy to let lending because it […]
Bridging loan finance continues to grow in an environment of low interest rates, Brexit uncertainty and mortgage lender caution. Andrew Turner, chief executive at Commercial Trust Limited, looks at the rise of the bridging loan and its uses. The Association of Short Term Lending (ASTL) reported that bridging lending totalled […]
