Bridging financier Montello has estimated that the current ‘loan book’ for the UK bridging finance industry is between £415 million and £755 million.
It adds that, on this basis, the bridging finance industry represents less than 1% of the UK mortgage market.
The firm claims its report – ‘Montello Report on the UK Bridging Finance Market 2011 – is the first comprehensive report on the UK bridging finance industry since Datamonitor published their report on the market back in 2006.
The report looks at the size of the market, regulation, funding sources, and recent trends in the UK bridging finance market.
Christian Faes, director of Montello, said: “There is a lot of debate about the size and composition of the UK bridging finance market. It is a very opaque market
