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Catalyst offers to pay half borrower's valuation fees upfront – Mortgage Strategy

Catalyst, the specialist lender, is offering to ‘go Dutch’ and pay 50% of bridging borrowers’ valuation fees upfront up to a maximum contribution value of £1,500 inc VAT per facility. This limited offer is available on all qualifying Catalyst bridging loans during May and June. Qualifying loan products are Catalyst’s
Chris Fairfax Bridging Loans Valuation Fees

Brokers more confident for 2024 despite pressures – Mortgage Strategy

Brokers are more optimistic for 2024 with 31% confident about the year ahead and fewer worried at 8% (26% and 15% respectively last year.) This is according to the latest annual survey from Crystal Specialist Finance of over 10,000 brokers across the UK. The research reveals that the tough market conditions were
United Kingdom Jo Breeden Crystal Specialist Finance Specialist Mortgages Bridging Loans Buy To Let

Bridging lending hits new record – Mortgage Strategy

A record number of bridging loans were taken out in the third quarter of this year, with both applications and completions showing strong growth over the period.  Figures from the Association of Short Term Lenders (ASTL) show that while the mortgage market as a whole remains subdued, the upward trend in seen in the
Vic Jannels Association Of Short Term Lenders Short Term Lenders Bridging Loans Short Term Loans

Bridging lending rebounds in Q3 as interest rates continue to rise – Mortgage Strategy

Bridging loan transactions saw a 15.3% increase in the third quarter, totalling £191m. This is according to the latest Bridging Trends survey which suggests the rise from £165.7m in the second quarter shows borrowers are utilising the product’s flexibility in the current climate. Amid the uptick in lending volume,
United Kingdom Chris Whitney Chris Borwick Knowledge Bank Bridging Trends Bridging Loans

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Bridging levels cool as mainstream market steadies – Mortgage Strategy

After having a big impact on the housing market at the start of the year, bridging lending slowed to a steady pace in the second quarter of 2023. This is according to analysis from bridging finance specialists Apex Bridging which looked at market data on factors like lending levels, average interest rates, and what
Apex Bridging Hodgkinson Apex Bridging Bridging Loans Mortgage Rates Chain Breaks

MFS joins Optimum ELITE's panel of lenders – Mortgage Strategy

Market Financial Solutions (MFS) has joined Optimum ELITE’s panel of lenders. The partnership will mean Optimum ELITE’s network of intermediaries and brokers can gain access to MFS’ range of bridging loans, buy-to-let mortgages, and specialist finance products. London-based lender MFS specialises in handling large
City Of United Kingdom Karen Rodrigues Market Financial Solutions Mortgage Brokers Bridging Loans

Strong growth in bridging loans, despite economic slowdown – Mortgage Strategy

Bridging lending continued to grow in the first quarter of 2023, despite an economic slowdown and a more subdued mortgage market.  Figures from the Association of Short Term Lenders (ASTL) show that figures for completions, applications and the loan books all grew in the first three months of this year.  The figures,
Vic Jannels Association Of Short Term Lenders Short Term Lenders Bridging Loans Economic Slowdown

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