Massive growth year for bridging finance

The bridging loan industry will set new records for lending by the turn of the year and the progress looks set to continue into 2016. Brokers all over the country are reporting record figures with the mood being very buoyant indeed.

The industry really looks set to push forward again next year with the promise of lower fees and interest rates. Lenders are very keen to keep the progress going and they are making offers to clients that have never been seen before. These are exciting times ahead for the industry.

One Midlands based broker said “business is solid with lenders helping to complete deals faster than ever before”. “In all my time in this sector of lending I have never seen so much interest in this type of business”. “I can only see us going forward next year with confidence”.

Bridging loans provide vital support to borrowers from all walks of life plus they have a large range of uses. This way of funding a deal is so flexible, unlike traditional mortgages or loans which have so many regulations attached to them.

Bridging finance has without any doubt grown in stature over the last two years and is building a very sound and reliable framework for the long term future.

Could this help you?

Bridging finance can be used as an alternative to traditional funding methods and has a vast array of uses. Unlike traditional lending bridging has far less rules and a deal can complete in a matter of days in some cases. In the past bridging was normally only used when a tight timescale had to be achieved but that has most certainly all changed now.

This type of funding has so many different uses and is so flexible more and more people are exploring its benefits.

If you would like to know more or discuss any aspects of bridging finance please do call one of our fully experienced advisers.