Unregulated Bridging Loans on The Rise
Bridging lending has increased by nearly eight percent for the third quarter of this year to £213.35m, according to Bridging Trends data.The proportion of unregulated bridging loans rose to 68.4 per cent compared with 63.2 per cent in the second quarter while regulated fell to 31.6 per cent compared with 36.8 per cent. MT Finance Commercial director Gareth Lewis was upbeat about the figures. "The data continues to show that property investors are seeking attractive opportunities to acquire properties. There [...]