Bridging loans fell 5.3% to £1.3bn in the second quarter of the year compared to the previous three months, says the Association of Short Term Lenders shows, even as loan books hit record highs. It adds this “drop was reflected in applications”, which were down 5.9% and valued at £9.2bn in the three months to the
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One Mortgage System has joined the Association of Short Term Lenders as an associate member. The mortgage and protection customer relationship management firm, founded in 2017, has recruited 12,000 users over the last four years that range from brokers, packagers, networks and lenders. Last year the business says
MJ Group has joined the Association of Short Term Lenders as an associate member. The property valuation specialist, founded in 2006, is an advisor to more than 50 lenders, including international banks, property funds and developers. MJ Group managing director Robert Cohen says: “In the world of short-term