London Bridging Loans

What also sent bridging into overdrive in the capital was the explosion in property values between 2010 and 2014, people were using bridging finance to buy and flip properties sometimes in as little as a week, they were also using them for development purposes , to buy refurbish and then sell on for a profit, as always when there is demand for a product the lenders were keen to lend in a rising market, however since 2014 after successive hits by George Osborne, first on increased stamp duty and then on with the 3 % surcharge on second properties the market has cooled considerably and with it demand for bridging loans way down on previous years, however this as also pushed lending further outside of the capital.

As a specialist London Broker we are well placed to match you with a lender that can offer you a facility for your needs.