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,
Source: mortgagestrategy.co.uk