The number of new bridging loans being written across the UK has seen a significant increase over the course of the past twelve months or so, as many property investors and landlords have been using this method of borrowing to release funds from their existing property portfolios for further development alongside their buy to let [...]
The financial regulator, the Financial Services Authority (FSA) has issued a warning to financial advisers and loan brokers regarding arranging bridging loans and buy to let loans for clients who should really be taking out a regulated home owner loan or mortgage.
With lending criteria becoming much tougher in recent times for a traditional home owner [...]
The amount of money being offered to borrowers through bridging loans is expected to reach record levels by the end of this year, as demand for this type of finance continues to see significant levels of growth from property investors.
The latest figures from West One Loans’ bridging finance index has predicted that bridging loan amounts [...]
Evidence that the loan industry as a whole is showing signs of recovery is continuing, as various loan companies and lenders are introducing new loan products at higher levels and cheaper loan rates, across all sectors of the loan industry.
This is not just the case in the home owner loan market, which has seen increases [...]
The mortgage and home owner loan market in the UK has remained particularly stagnant for some time now and shows no real signs of improvement any time soon. As a result of this, property investors and those looking to move have turned to short term bridging loans as an alternative means of funding their property [...]
Traditionally, it used to be the case that when someone wanted a specialist loan, such as a bridging loan, they approached their local bank, who arranged the loan for them without any problems.
But with banks applying tight restriction on who they are prepared to offer loans to, particularly if a loan for anything out of [...]
Last week, the bridging loan specialist lender, Tiuta, announced that it was to withdraw from offering regulated loans, such as straightforward home owner loans and mortgages, to its customers, choosing to focus on bridging loans and finance only.
Tiuta have taken the decision based on the fact that it takes too long to recover any losses [...]
