Bridge To Let Finance – a viable option for those looking to add value
Since 2010, there has been a 50 per cent increase in bridging finance market-wide. This can be put down to a number of reasons, including the more flexible underwriting used by bridging lenders and the speed at which the finance can be arranged. Indeed, as banks have tightened up their lending criteria, bridging loans have proved a popular choice for customers looking to take out short-term finance – particularly useful for renovations, expansions and restorations and, of course, auction properties or those with long and complicated chains.
