Property investors must always keep a keen eye on interest rates. From bridging loans to mortgages, the Bank of England’s base rate can affect lenders’ products and the repayments
With autumn in full swing, we can probably all admit that we’ve reached for the thermostat on more than one occasion already. But are there alternative ways to keep ourselves toasty during the winter months? How could bridging finance help fund these changes?
The rising demand for large bridging loans is one of the curious trends to have emerged from the pandemic. By large bridging loans we loosely mean loans worth over £4 million
The UK’s buy-to-let (BTL) industry has become a critical component when investing in bricks and mortar. Especially in the bridging loan sector. But has the pandemic affected this trend?
Bridging loans are a form of short-term alternative finance used by individuals or companies who are buying property but need funds quickly. A bridging loan therefore ‘bridges the gap’ between a property purchase and arranging long-term finance, such as a mortgage.
When we consider the property market’s current fortunes since the start of pandemic, it’s difficult to overstate it’s success on a large scale. While a large portion of sectors have been forced to cut back, the property market has in fact excelled.
