The research also found that younger SME senior decision makers were much less concerned about a second wave than their older counterparts.
The bridge covers an existing lender repayment, finish and exit, and all-in purchase of a high-end apartment.
The standard rate for residential investment property bridging has been reduced to 0.65% per month with no exit fee and a maximum LTV of 70%.
Magnet Capital has seen considerable growth since the property market reopened in May 2020, recording its best month since launching in 2018.
Shawbrook was approached by broker partner Go Finance, seeking a short-term finance solution for a client planning to covert a single-family dwelling.
McDowell will discuss Hampshire Trust Bank’s journey through the downturn and his view on the upcoming opportunities and challenges for lenders.
Audley Wycliffe Park covers a 25-acre site at Horsleys Green, between Stokenchurch and High Wycombe, and will be the 21st village in Audley Group’s portfolio.
As businesses begin to reopen, Nucleus Commercial Finance has found that SME owners are having to spend on average £21,830 to fully reopen.
The lender has also removed the £250,000 lending band on relevant products and brought in free valuations for standard and limited company borrowers on properties up to £500,000.
Earlier this month, Foundation Home Loans returned its buy-to-let product range to its pre-lockdown structure with the reintroduction of large loan, early remortgage and short-term let products.