The UK's bridging loan market is experiencing significant growth, projected to reach £12.2 billion by 2025, with London leading this trend. In Q4 2024, bridging loan completions hit a record £2.3 billion, indicating strong demand for quick, flexible financing options preferred by developers and investors over traditional mortgages. Bridging loans, which typically take 38 days to complete, appeal to borrowers who need swift capital for property transactions in a competitive market. With less emphasis on credit scores, bridging finance is poised to support a projected rise in property transactions across the UK.
"Bridging loans now average 38 days to complete, a huge advantage in a market where quick turnarounds can make or break deals."
"In London's hyper-competitive property market, bridging finance allows borrowers to seize opportunities quickly, often when high-street banks won't play ball."
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