A news report today says that experienced buy to let investors are using bridging loans to take advantage of "distressed residential & commercial propery sales". Demand for bridging finance has increased by over 200% over the last 9 months, apparently. We think this probably means enquiries rather than completions based on the low loan to values on offer by the larger bridging lenders. However we are positive that the main thrust of the article with regard to experienced landlords is without doubt true.
As commercial loan specialists we can help with all short term bridging requirements and arrange the exit too! Visit our web site for more information and don't forget to check out our latest buy-to-let mortgage deals while you are there.
