All posts tagged short term lenders

Lender slashes minimum valuation on bridging loans

Aldermore has reduced its minimum valuation on bridging loans for light refurbishment from £100,000 to £75,000. The move brings the bank’s bridging offering in line with its residential and buy-to-let mortgages. Aldermore has also reduced the minimum age for those […]

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ASTL’s bridging book expands by 54%

  In 2014, £2.27 billion worth of loans were written by the Association of Short Term Lenders, marking a 54 per cent increase on the previous year. Additionally, the value read more »

FCA targets unacceptable practices from short term credit providers

The FCA’s Thematic Review found that many High Cost Short Term Credit (HCSTC) providers failed to recognise customers in financial difficulty and in some cases misleading practises were read more »

Guide to Networks

How important is it for short term lenders to be connected with a network? It’s the million dollar question that Bridging Advisor wanted to delve into to find read more »