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

EXCLUSIVE: Specialist brokerage VIBE Finance launches

14th June 2018 0

Former commercial lending manager Kim McGinley has launched a directly authorised specialist brokerage called VIBE Finance. The broker will offer bridging, second charges, buy-to-let, HMOs, commercial, semi-commercial properties and sourcing funding for refurbs and development. […]

Bridging

Bridging loan volume soars in Q1

4th May 2018 0

Bridging lending reached £154.02m in Q1 2018, up almost a third compared to £118.79m for the same period last year, Bridging Trends data found. This is the highest volume recorded since Bridging Trends launched in […]

Bridging

Bridging sector breaks £5bn

13th April 2018 0

Payam Azadi, director at Niche Advice, said: “I’m surprised. That figure is quite large and I didn’t expect it but it makes sense why so many lenders are looking to get involved in bridging.” […]

Latest News

Hope Capital reacts to latest UK Finance figures

20th July 2017 0

Gross mortgage lending reached £22.1bn in June some 9% higher than May and 3% higher than last year, according to the latest UK Finance estimates. As such gross mortgage lending for Q2 2017 stood at an estimated […]

News

Hope Capital react to latest BoE figures

29th June 2017 0

Jonathan Sealey (pictured) is chief executive of Hope Capital According to the latest figures, remortgages and house purchases have slowed noticeably since the start of the year. However, despite the uncertainty around the snap general […]

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