The number of buy-to-let properties taken into possession rose by 56%.
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Momentum appears to have stalled with fewer buyers registered in February 2024 than in February 2023.
The product is available to those with past credit blips and those remortgaging from an adverse credit lender.
The British Business Bank has agreed to widen the scope of the facility to allow support for soft as well as hard assets.
As bridging increasingly becomes an important business area for brokers, James Gillam, managing director of Pure Panel Management, says forming strong relationships with valuers and...
Despite 42% of HNWIs previously saying they planned to contribute the full £60,000, only a third have contributed more than £40,000 and just 8% more than £50,000.
LendInvest has made reductions across its entire buy-to-let range by up to 15bps.
62% of mis-selling and suitability complaints were upheld compared with 49% the previous year.
The bridging lender has increased the maximum LTV on its residential loans from 70% to 75%.
The funding will be used to expand the scope of the network to include mortgage brokers and lenders.
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