Industry News

Bridging Loan Applications are on the Rise

Splashed all over the news is the ASTL's announcement that loan applications have increased by 8% since December 2012. This is good news for the industry and good news for the consumer as lenders are lending. Below are series of related articles as the news gets out.

Bridging loans hit £1bn mark

The Association of Short Term Lender’s figures for 2012 show members originated £1.054bn in bridging loans in 2012, an 8 per cent increase on 2011.

Demand for bridging loans soared in the fourth quarter of 2012 with £1.3bn in applications received, up 23 per cent on the third quarter.


About the Author

Andrew Eagle has worked in the Finance Industry for over 26 years, currently specialising in bridging loans. He regularly contributes to blogs on bridging finance. Find him on Google +

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