The bridging market is a rather different beast today than it was even just a couple of years ago. The market has enjoyed some great successes, with a vastly improved reputation, and as a result more and more firms have decided to move into short-term property finance. While the market has grown, there is a […]
The bridging market enjoyed a terrific start to 2016. The latest figures from the Association of Short Term Lenders (ASTL) have revealed that in the year to 31 March, members of the trade body – which includes LendInvest – increased their lending volumes by 16% year-on-year. The value of those loans were up by even […]
By their very nature brokers are entrepreneurial and react fast to changing market conditions. Despite this, it seems that the speed at which the bridging market is evolving has not necessarily been matched by their awareness of just how many funding options are available to their clients. Splicing and dicing funding options isn’t easy. It’s […]
The West One Bridging Index shows a huge rebound in bridging lending since 2010’s post-crash slump of £700m, rising 500% to £3.5bn in 2015. It’s true that residential was historically bridging’s bread and butter, and today it remains significant at 55% of lending. Consequently, the rebound in bridging has in some part followed the recovery […]
NACFB brokers are a varied bunch who often look to specialise in more than one sector. Some finance sectors go regularly hand-in-hand, such as bridging and commercial mortgages or buy-to-let. Some don’t, like vehicle finance and pension-led funding. And it’s our aim to give the widest range of brokers the widest range of possible funding […]
One of the main issues is in the mind-set behind lending someone else’s money. I can refer back to the old adage that anyone can lend money, the skill is of course making sure you get it back. However as many lenders will have investors to appease they are under pressure to lend and grow […]
I like to keep things simple in business as in life. However, ever more regulation with increased checks and balances will not necessarily provide greater client protection. This is particularly true in the case of the commercial bridging market. Before we see more regulation, surely taking the time to study the effect of recent regulatory […]
Everyone who has ever had a dream, whether it’s to build your own home, travel to the moon, own a fancy car or build an empire, has usually had to find the money to finance that dream. In a perfect world we would all work, earn a living and pay for what we want to […]
There is nothing wrong with organising bridging loans for residential property – loans to purchase, for raising capital, refinancing an expired facility or breaking chains. And as an industry, bridging lenders do it all the time. Be it a regulated loan for an owner-occupier or non-regulated for a buy-to-let investment, properly handled it is a […]
One of the consequences of the change in regulator from the OFT to the FCA and the arrival of the MCD, has been not only to revolutionise the regulatory status of second charge lending, but also to bring it more firmly into line with its first charge cousin. Up to recently, to access most lenders […]