Gross short-term lending by contributors to Bridging Trends data jumped by 20% to an all-time high of £214.7m in the third quarter compared to the previous three months, driven by borrowers keen to keep up property chains. This was the third consecutive quarterly increase in loans and the highest quarterly figure
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The first quarter of the year generated a total of £156.78m in bridging loan transactions, representing an increase of 8.5% compared to Q1 2022, according to the latest data from contributors to Bridging Trends. The 12 specialist finance packagers reported that bridging transactions in Q1 2022 also increased from