Bridging

Bridging rates won’t rise after base rate increase

2nd August 2018 0

The Bank of England’s decision to raise the base rate from 0.5 to 0.75% is not expected to affect short-term lenders, Benson Hersch, chief executive of the ASTL, predicted. The Monetary Policy Committee voted unanimously to […]

Bridging

Bridging development loans up 22% in Q1

3rd July 2018 0

In Q1 2018, there was a 22% increase in in bridging development loans since the previous quarter, with members of the ASTL lending £386.1m worth of development loans, of which £242.2m were categorised as bridging. […]

Bridging

Oblix Capital joins the ASTL

26th June 2018 0

Specialist short-term lender Oblix Capital has joined The Association of Short Term Lenders (ASTL) as an associate member. Membership of the ASTL now stands at 35 full members and 29 associate members respectively. Oblix Capital specialises […]

Bridging

Bridging completions rise by nearly 30%

23rd May 2018 0

Annual bridging completions are now close to £3.8bn after rising by 29.9% from Q4 2017 to Q1 2018, data from the Association of Short Term Lenders has found. The value of loans written in the first quarter of 2018 increased by […]

Bridging

GVA joins the ASTL

27th April 2018 0

GVA is the third associate member to join the ASTL in 2018 and membership of the ASTL now stands at 34 full members and 30 associate members. […]

Bridging

ASTL members advance £320m of development loans in Q4

20th March 2018 0

Members of the Association of Short Term Lenders lent £319.4m worth of development loans in the final quarter of 2017.  Of that total £197.8m was classed as bridging but excludes what is generally termed “light refurbishment”, such […]

Bridging

Gateley Plc joins the ASTL

7th September 2017 0

Gateley Plc has joined the Association of Short Term Lenders (ASTL) as an associate member. The legal business offers a wide range of services from banking and financial services, dispute resolution, regulatory and restructuring, to […]

1 2 3