Faye McCarthy

preventing a chain break drives demand in 2023

The annual Bridging Trends data is in and reports that a record £831 million in bridging loans were transacted in 2023 by contributors*. We’ve broken down what you need to know about the latest stats.   buyers turning to bridging finance to prevent chain breaks As borrowers continued to face uncertainty in the mainstream mortgage

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is now a good time to invest in a holiday let?

blue and pink house auction purchase

The UK holiday let sector has just experienced its most successful season yet, according to AirDNA, the leading short-term rental intelligence platform. It revealed that in April 2023, demand for holiday lets in the UK finally returned to 2019 levels and as the summer approached, there was a notable increase in listings (15% compared to

speed drives bridging finance demand in Q3

holiday let

The need for speed was highlighted again in the latest Bridging Trends data which was released earlier this month. Covering 2023’s third quarter, it paints a picture of how bridging finance continues to be a powerful tool for property investors. Created and compiled by MT Finance, Bridging Trends brings together figures from several specialist finance

will the EPC U-turn make it better in the long run?

BTL EPC U-turn

Back in September, Rishi Sunak made a major announcement: he was scrapping the government’s Energy Performance Certificate (EPC) policies for landlords. These policies were set to require newly rented properties to have an EPC rating of C or above by 2025, and existing rental properties to have the same certification by 2028. This move was

Bank of England halts further rate rise

buyers turning to property auctions

The Bank of England’s Monetary Policy Committee has made a big decision – after 14 consecutive rate rises, they have voted to keep interest rates static at 5.25%. Though the decision was split amongst investors and business leaders prior to the September meeting, the vote was passed by a slim majority of 5-4. Those who

growing numbers of buyers turning to property auctions

property auctions

With the property market cooling off, the property auction sector is proving to be a great opportunity for buyers to take advantage of lower prices and increased choice. According to Auction House UK, there was a 20% increase in the number of properties sold between January and August 2023 compared to the same period in

investor demand for bridging finance jumps in Q2 2023

Q2 2023 Bridging Trends

According to the latest Bridging Trends data, £165.7 million in bridging loans was transacted by contributors* during the second quarter of 2023. This is a 40.6% drop from Q1’s record-breaking £278.8 million and the lowest quarterly figure since Q1 2022 (£156.77 million).   demand from investors and landlords rebounds After plummeting to 15% in Q1,

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