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Somo Provides Second Charge Bridge to Assist Landlords
Somo has provided a second charge bridge to assist landlords with arrears, allowing them to use property equity without redeeming first charges.
Nivo Launches AI Case Management for Bridging Finance
Nivo has launched Lender Collect, an AI case management service for bridging finance, streamlining the application process for lenders and brokers.
Bridging Finance: 85% of Offers Now Fixed Rate
Octane Capital reports that 85% of its bridging finance offers are now fixed-rate, indicating a strong demand for stability among borrowers.
UTB Secures £16.2m Bridging Finance for London Asset
UTB has provided £16.2 million in refinancing for a mixed-use property in South London, highlighting the role of bridging finance in long-term investments.
Understanding Bridge-to-Term Mortgages in the UK
Bridge-to-term lending is gaining traction, offering a seamless transition from short-term to long-term financing for property investors.
Mortgage Market Update: Bridging Demand on the Rise
The UK mortgage market sees rising demand for bridging loans as gilt yields peak and house prices decline, impacting homeowners and developers.
Falling Asking Prices Boost Bridging Finance Opportunities
Falling asking prices create new opportunities for bridging finance buyers, with landlords paying less than original prices.
Catalyst Property Finance Strengthens Team for Mortgage Market
Catalyst Property Finance enhances its team with new hires to improve operational efficiency and underwriting capabilities, impacting brokers and borrowers positively.