Home Page

Director’s comments

Matthew Dilks, Bridging & Commercial Specialist, Clever Lending, comments:

“It’s no surprise to see such continued growth in the use of regulated bridging for chain break purposes. We are seeing many brokers new to bridging who are using the product and our services for support, experience, and, for some, to do the advice also. We’ve also experienced a notable increase in enquiries for regulated bridging from brokers with clients wishing to downsize, so it’s important that brokers consider the wider range of client circumstances such a product can help with.”

Dale Jannels, Managing Director, impact specialist finance, comments:

“Once again, these latest figures demonstrate that bridging finance is moving towards a product now better understood and offered by an increasing number of brokers, not just those who solely work in the specialist finance sector. However, experience in finding solutions and placing such cases is vital and we have witnessed a wider range of brokers contacting us than ever before, many of whom are coming via our many positions on mortgage club and network panels, and especially relating to the increase in regulated bridging demand.”

Andre Bartlett, Director, Capital B Property Finance, comments:

“Bridging Trends always makes for interesting reading and shows where the bridging market is going. We’ve certainly seen an increase in regulated bridging requests from clients looking to downsize or chain break, so they can choose when to sell their property and not panic whilst the market reacted to the changes in the economy. More and more clients are realising bridging loans can unlock equity and put them as the best purchaser on a new property if used correctly. With the slight slowdown in the property market, it is good to see that processes are getting quicker and returning to the way bridging loans should be.”