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Posted: October 29, 2018
Ascot Bridging Finance has worked with one of their partners, Pilot Fish, to deliver an £800,000 development loan facility for a client within 2 weeks of application. The client, an experienced property developer with a proven record of large-scale development projects, had exchanged on a property subject to planning. The property was an old school […]
Posted: September 30, 2018
Although many small to medium-sized businesses turn to high street banks for finance, many are using alternative finance.
Posted: September 28, 2018
The majority of property auctions are currently held in rooms with some online auctions available. According to Neil Singer, chief executive of Clicktopurchase, in the future, there will be no physical auction rooms.
Posted: September 26, 2018
Research by Market Financial Solution found that 48% of homeworkers did not purchase their home with a mortgage.
Posted: September 24, 2018
Bridging loans are short term loans, usually less than a year.
Posted: September 22, 2018
Knowledge Bank is a resource for brokers to find out which lenders will accept a client’s borrowing requirements.
Posted: September 20, 2018
Bridging finance can be a great way to provide emergency funds or for time-sensitive deals. Ideally, a bridging finance broker should build good long-term relationships with both borrowers and lenders.
Posted: September 18, 2018
With a widening use of bridging loans, new lenders emerging and bridging products launched, bridging finance brokers need to keep up to date
Posted: September 16, 2018
Research by Hitachi Capital Business Finance showed that in September 2018, 1 in 10 small business owners feared their business will fail.
Posted: September 14, 2018
Following the Bank of England’s interest rate rise at the beginning of August, there was speculation that further rate rises would follow. The bridging finance market is less affected by Bank of England rate rises than other forms of lending