Bridging Finance – The Super Bridge When I mentioned this to a contact the other day their response was ‘what bridge?’ shortly followed by ‘where is it again?’. So let’s establish one thing, a ‘Super Bridge’ is not how you cross a wide river, it is the next generation of bridging finance. Bridging finance in
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The Cost of Borrowing Pop quiz. What is the cheapest loan out of these two – Interest rate 5% Interest rate 5.5% Sounds simple doesn’t it. The interest rate is cheaper so that must be the best loan option. That said, you probably realised the obvious answer was wrong and went for the more expensive
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Bridging Finance Back in the early 1990’s bridging finance was a popular way of financing house purchases, of bridging the gap between purchase and sale. From the late 1990’s onwards the residential bridging market became less popular, with lenders only looking at ‘closed’ bridging finance, in other words where contracts had already been exchanged. In
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Development Finance For a while now the high street banks have been reluctant to lend to the building sector where any degree of construction, new build, self build or development is concerned. This means development finance has almost ceased (particularly projects under £5m). The net effect has been that many development opportunities (particularly residential developments)
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