Growth in UK bridging property loans reflects lack of lending from mainstream banks

December 6, 2012 8:05 AM GMT

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R>A growing number of mainstream UK property owners are turning to bridging loans as mainstream banks struggle to lend enough, it is claimed.

Tough rules on lending are already hitting millions trying to get a mortgage and many borrowers are turning to the bridging industry for help, according to short term secured lender West One Loans.

Britain

This article is copyrighted by Property Wire - Premier global property news service
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