Bridging lender Drawbridge Finance says it issued 127 Agreements In Principle (AIPs) on loans amounting to over £110 million in August.
It said more than one AIP a day converted into a successful deal.

Mark Posniak, head of marketing and operations at Drawbridge Finance, said: “The residential property market may be suffering but professional property investors are as active as ever. Uncertainty represents opportunity and so the more volatile the market gets