Bridging lending makes positive start to 2016 in UK

Gross annual bridging lending in the UK increased to £3.6 billion in February, up from £3.5 billion at the end of 2015 according to the latest sector index to be published. However, this expansion represents a modest 3% lift in gross annual lending since December, showing that growth has stabilised somewhat from the previous year, according to the West One Bridging index. The index report suggests that growth in short term finance has been driven by a number of factors including an uplift in d...