The Bridging Brokers Blog
Our bridging loan blog is here to inform and keep visitors up to date with the latest news in the fast moving bridging finance market place.
The Latest Blogs By The Bridging Loan Broker
Why Bridging Loans Fail To Complete
Will Your Bridging Loan Application Be Successful!
Some deals or circumstances cannot be funded for a variety of reasons. Many can be turned down or fall at the first hurdle i.e. even before the bridging loan application process starts!
Read More Submitted by Bridging Loan Broker on Sun, 17/01/2010 - 13:08
Bridging Market End of Year Update
Where is the bridging loan market heading in 2010?
We end the year with a number of lenders dropping out of both the short term bridging loan and mortgage market. Criteria for loans have been strict with much lower loan to values on offer. In particular property developers have been hit hard.
Read More Submitted by Bridging Loan Broker on Sat, 19/12/2009 - 16:30
Bridging Lender Offers Buy To Let Mortgages
Why Would a Bridging Lender Offer Buy To Let Mortgages?
Tiuta PLC entered the buy to let market back in June 2009 with a high interest rate mortgage targeted at Houses of Multiple Occupation (HMO). Interest rates were set at between 12.9% and 14.9% (ouch!), with loans available between £100k and £500k.
Read More Submitted by Bridging Loan Broker on Wed, 11/11/2009 - 16:01
Major Bridging Lender Falls Into Administration
Barclays Pulls The Plug On Link Lending
Earlier this year things looked rosy for the bridging finance lender Link Lending when it secured £75m of funding for new business. However, it has failed to renegotiate funds with Barclays and PricewaterhouseCoopers were appointed administrators, taking over on October 8th 2009.
Read More Submitted by Bridging Loan Broker on Tue, 13/10/2009 - 10:16
How fast can a bridging loan be arranged?
Don't delay your application for bridging finance
If you need to raise finance in hours rather than days or weeks then bridging loans are the only way to achieve this. However none of those deals that are successfully completed by bridging lenders in hours (and heavily promoted by them) are processed from a standing start.
Read More Submitted by Bridging Loan Broker on Thu, 17/09/2009 - 12:10