Economics & FinanceTrending

Bridging Sector Bouncing Back After £278m Fall in 2020

Almost every arm of the financial services sector in the UK was adversely affected by COVID-19 last year. The bridging finance segment was no exception, which according to the latest figures from Bridging Trends fell by £278 million compared to 2019.

In total, bridging loans valued at £455 million were provided by the lenders incorporated in the Bridging Trends annual survey, down from the £732.7 million in 2019, or 38%.

Our experienced team are committed to providing a first class service and to search the whole market to get you the best deal. The company was formed to reflect a growing marketplace for property development finance and to act as a One Stop Shop for all your development finance needs. We also offer a wide range of other financial services, services such as bridging loans, secured loans, mortgages and much more.

via ukpropertyfinance.co.uk

Bridging Sector Bouncing Back After £278m Fall in 2020

Jessica Smith

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