Prime central London prices up 11.3% in 12 months

Property prices in Prime Central London have increased by 11.29% year-on-year to stand at £1,638,456 in Q2 2014, analysis of Land Registry data by London Central Portfolio has revealed. London property transactions stood at their highest level since 2007 with 6,546 recorded sales over the last year, 19.34% more than the year before. London Central

Dragonfly bridging finance has broken through the £1billion mark

Dragonfly bridging finance has broken through the £1billion milestone in lending since its launch in 2009. Dragonfly are already aiming to hit the £2 billion mark before the end of 2015, with commercial loans making up an ever greater percentage of the total as the lender grows that side of operations. Dragonfly bridging have now

Bridging loan rates

Bridging loan rates have continued to fall over the past 12 to 24 months, and bridging finance is now available from just 0.6% per month. In was as recently as 2009 that Dragonfly Bridging Finance entered the market, and they were then considered a first mover, which they have used to their advantage over the

Property refurbishment finance doubles over last 12 months

Property refurbishment projects have seen funding more than double in the last year, according to the latest sentiment survey of over 250 financial intermediaries. Bridging loans for property refurbishment, property development, and conversions totalled £1.29 billion over the twelve months to April 2014. This equates to just over 2,800 separate projects. By comparison, equivalent lending

Large bridging loans

Vision Finance specialise in large bridging loans and complex transactions. We offer sophisticated advice to borrowers who require specialist short term finance. A bridging loan is a short term lending facility, secured against property or land by way of a first or second legal charge. Borrowers typically require a bridging facility when the property does

Finance for petrol stations

Vision Finance is working with a number of lenders who have appetite to lend to borrowers looking to purchase a petrol station, and require finance for a petrol station. In the current lending climate, finance for petrol stations has been difficult, and especially so when the borrower does not have 3 years of trading history.

Bridging finance for property development

Vision Finance has direct relationships with the leading bridging finance lenders providing funding for property development. Being based in central London gives us unrivalled access to the growing number of specialist property lenders, and our close relationships enable us to obtain loan offers rapidly. Bridging loans are intended as a fast method of raising short term financing

BoE keeps interest rates on hold at 0.5%

The Bank of England has signalled it will keep interest rates on hold at the historic low of 0.5% for at least another year, despite predicting strong growth of 3.4% in 2014. Governor Mark Carney announced a ‘forward guidance’ strategy last year, stating that the Bank would consider a rate rise only when the unemployment

Property bridging loans hit GBP 2 billion per year

The annual growth in gross bridging lending in 2013 jumped by 27 per cent to £2 billion, up from £1.57 billion in 2012, according to the West One Bridging Index. In the two month period from 1st November to 1st January 2014, industry gross bridging lending was £419 million, up 5.5 per cent from £397

Shawbrook bridging finance – Authorised strategic partner

Shawbrook bridging finance has announced that it is moving into the heavy refurbishment space with the launch of a brand new short term finance product specifically aimed at funding property developers undertaking a major refurbishment who require short term finance to acquire the property. The heavy refurbishment bridging loan has been designed to cater for

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