Having successfully broken the £100 million barrier in June, the UK’s second-charge lending sector is back to its pre-pandemic norm. According to the latest figures published by Loans Warehouse, total second-charge lending activity hit just over £104 million last...
Bridging Lenders Remain Optimistic for the Future of UK Economy
A recent opinion survey, published by The Association of Short-Term Lenders, indicates a positive long-term outlook for the bridging market and the UK economy as a whole. Following the budget announcement in early March, more than 73% of bridging finance providers...
Searches for Development Bridging Back in the Top Five
Specialist brokers operating within the bridging sector have noted a major spike in activity and interest among property developers. As a result, and for the first time since February 2019, development finance is back within the top five search terms within the...
How to Get a Bridging Loan for a London Property
With monthly interest rates hovering at an all-time low, there has never been a more cost-effective time to consider bridging finance. Particularly where the funds are required quickly and for a major purchase or investment, bridging loans offer an invaluable lifeline...
Bridging Sector Bouncing Back After £278m Fall in 2020
Almost every arm of the financial services sector in the UK was adversely affected by COVID-19 last year. The bridging finance segment was no exception, which, according to the latest figures from Bridging Trends, fell by £278 million compared to 2019. (Click image...
The Big Question: Renovate or Relocate?
For some, lockdown provided the perfect opportunity to take stock of what matters and appreciate their homes in an entirely new way. For others, the whole situation made it abundantly clear that they simply were not happy with where they lived. COVID-19 has forced...
2019’s Most Important Bridging Trends
Both in an economic and political sense, 2019 will go down in history as one of the UK’s most unstable periods. This did not stop bridging finance activity once again, showing remarkable strength and resilience, with the sector having performed better than expected...
Regulated Bridging Loan Helps Couple Create Their Dream Home
UK Property Finance recently helped a newlywed couple purchase and refurbish the property of their dreams. The couple had found their perfect home in a desirable area of Suffolk where they had previously lived and which was being marketed at a price within their...