Investment property purchases drive bridging finance growth
Investment property purchases have become the primary use of bridging finance in the UK, according to new quarterly data tracking...
archiveBridging Finance
Lender provides full purchase price on below market value deal
District & County Investments (DCI) has provided £370,000 in bridging finance to fund the full purchase price of a four-bedroom...
Bridging finance secures historic Norfolk pub acquisition
A specialist lender has provided £244,000 in bridging finance to facilitate the purchase of a Grade II listed public house...
Developer secures £1.9m to convert Bath office to flats
A developer has secured a £1.9m refurbishment bridging loan from Aspen Bridging to convert a Grade I listed office building...
TAB provides £7m for Portobello Road property deals – The Intermediary
Duncan Kreeger, founder and chief executive officer at TAB, said: “This was a complicated set of transactions. “We had multiple properties,...
Lender completes £755,000 hotel refinance in under a month
A bridging finance lender has completed a £755,000 refinance on an 18-bedroom hotel in Somerset less than a month after...
Specialist lender provides £1.9m bridging loan for Watford barn
Specialist lender Glenhawk has provided a £1.9 million regulated bridging loan secured against a converted barn in Watford, allowing the...
Investor secures £335k bridge to settle enforcement order
A London-based property investor has secured a £335,000 bridging loan against an unencumbered buy-to-let property in Dollis Hill to meet...
Recognise Bank completes £2m bridge loan in two weeks
Recognise Bank has provided a £2.025 million bridging loan to refinance existing debt on a residential development site in Hertfordshire,...
Recognise Bank completes £2m bridging loan for Hertfordshire development site – The Intermediary
The 12-month facility was provided at 60% loan-to-value (LTV) to an experienced property developer, investor and land promoter. Recognise Bank...
