BRIDGING LOANS BOUNCE BACK FOLLOWING BREXIT BLIP
August 3rd, 2017.


In the wake of the Brexit vote which took the majority of investors by surprise, bridging lending in the UK suffered a rather unfortunate dive. However, confidence appears to be increasing once again, as reports confirm a significant increase in bridging lending to £4.2 billion in April.


The latest bridging index suggests that the damage done in the weeks and months following the independence referendum was fully repaired during Q1 2017. What’s more, the figures also suggest that the growth will continue at a steady pace for the time being at least.

‘We’ve seen a rise in bridging loan volumes as investors turn to alternative finance. The increase among smaller investors fits with the overall picture of residential market growth despite a jitter at the higher end of the market,’ comments Gary Latham.

‘The drop which followed the shock referendum result last summer was quickly recovered and this gives us confidence as an increasing number of commentators moot a slowdown in the housing market,’ he adds.

‘Indeed, we continue to predict that the bridging market will go from strength to strength. Market moves present an opportunity for investors and those looking to capitalise on this will be seeking out the financing needed to enable them to do so.’

Latham went on to state that the sharp spike in demand for alternative financial solutions serves as a........


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