In the UK, purchasing a home is often considered a significant milestone, representing stability, security, and a sense of accomplishment. However, for many aspiring homeowners, the path to homeownership is paved with financial considerations, particularly the...
What are bridging loans? As the name suggests, a bridging loan is a temporary solution for a short-term financial gap. Typically, issued over the course of no more than a few months, bridging finance effectively ‘bridges’ the gap between a purchase or investment and...
Things have been moving so fast as of late that it is difficult to believe it was only eight weeks ago that Kwasi Kwarteng devastated the UK economy with his catastrophic mini-budget. Since then, Jeremy Hunt has introduced a broad range of spending cuts and tax hikes...
Smaller housebuilders in the UK appear to be hindered from building new houses by problems related to mortgage accessibility, according to research performed by the Federation of Master Builders (FMB). After conducting a poll on 122 SMEs within the house building...
Skyrocketing rent prices have been pricing prospective tenants completely out of much of the market for some time. Coupled with the escalating living-cost crisis, millions are finding it difficult (if not practically impossible) to make ends meet. When and where the...
For some time, investment property purchases have been the most common use for bridging finance in the UK. More aspiring and established investors than ever before are looking to leverage the explosive competition in the UK housing market, using fast-access bridging...
All indications point to another buoyant year for bridging finance, following another major spike in loan applications. On the whole, the total value of the UK’s bridging sector has grown by as much as 22% over the past 12 months alone. More private borrowers and...
A chaotic financial market has led many mortgage lenders to remove the availability of many mortgage products for new buyers following the Chancellor's mini-budget announcement, released last week. Although thought to be a temporary measure by lenders, this is bad...
