Released earlier today, the Q2 2024 Bridging Trends data shows that contributor gross lending rose for the fourth consecutive quarter. Hitting £201.8 million, this is a 2.9% increase on Q1’s £196.2 million and the highest Q2 figure since Bridging Trends records began in 2015. Compiled by us here at MT Finance, this quarterly infographic acts …
The weather may not be quite up to scratch but there’s no denying that summer is well and truly here – if only in spirit. With holidays on the horizon for many people, now is the time for sun, sea and sand. As the annual pilgrimages to warmer climes begin, this can often result in …
As we approach the upcoming general election, landlords and investors like yourself may be concerned with its impact on the property market. After all, any major political event has the potential to influence the economy and housing market. Other worries that may be on your mind include the possibility of even stricter lending criteria from …
Earlier today, the latest Bridging Trends data was released. Compiled by us here at MT Finance and covering the first three months of 2024, they show that contributors transacted £196.2 million in bridging loans during this timeframe, maintaining momentum from Q4 2023’s £195.5 million. These quarterly figures act as a snapshot of the UK bridging …
As both tenants and landlords continue to face financial pressures, the arguments for and against rental increases show no sign of letting up. With the average rent in the UK now at £1,220 per month according to Zoopla – an 8.3% annual increase – the topic is back in the spotlight. The issue is also …
Today (Friday 8th March) marks 2024’s International Women’s Day. Created to both celebrate women’s achievements and raise awareness about what is needed to drive gender equality, it acts as a powerful call to action. As a signatory to the Women in Finance Charter – and with nearly 50% of our workforce female – we continue …
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 …
