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

Fincorp bridging finance saw a 68% uplift in volumes during 2013

Fincorp bridging finance has said a large part of the rise was due to an increase in business introduced by intermediaries delivering quality introductions. Matthew Anderson, director at Fincorp, said: “2013 has been a terrific year for us at Fincorp. We’ve expanded the business considerably thanks to several key relationships we have with brokers and

Vision Finance is featured in Bridging & Commercial: New broker reveals bridging Vision

A new bridging and development broker has entered the market and has established itself as a full service advisory house. B&C Distributor heard from Managing Director Roshan Doostdar about Vision Finance, current deals, and the broker’s position in the market… Click the link below to read the full Article: http://www.bridgingandcommercialdistributor.co.uk/newsstory?id=828

West One Loans Broker Sentiment Survey shows Bridging to hit 2.7 bn in 2014

Gross bridging lending in the UK is expected to surpass £2.7 billion over the course of 2014, according to a survey of over 250 financial intermediaries. This represents annual growth of a third (33%), bringing the industry to a new record high, according to the latest West One Broker Sentiment Survey. Expansion will bring gross bridging

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