Enterprise Finance claims record bridging month

Published on

Enterprise Finance

Enterprise Finance completed its highest ever amount of short-term loans by value in November.

Last month, Enterprise Finance completed just over £20 million of loans.

Danny Waters, CEO, Enterprise Finance, said: “With the high street lenders still on red alert, and the property market yielding considerable opportunities, the bridging sector continues to go from strength to strength. The fact that this data wasn’t skewed by one jumbo loan gives it even more weight.

“We’re by no means alone in experiencing the exceptional demand for bridging finance: as the AOBP data reveals, there is momentum across the board, which is great to see. As an industry, we can move into 2013 in a very positive mindset.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Got something to sell? Try telling some untruths on X

Why do people peddle untruths on social media? When I say this, I’m thinking...

Landlord optimism rebounds as buy-to-let sector steadies ahead of Budget

Confidence among buy-to-let landlords has more than doubled over the past year, according to...

Nationwide expands interest-only lending to first-time buyers

Nationwide Building Society has introduced a major expansion of its interest-only mortgage range, including...

Santander trims home mover mortgage rates

Santander is cutting rates across its residential fixed mortgage range for home movers and...

Mortgage market slows pre-Budget but product choice hits record high

The mortgage market lost momentum in October as buyers adopted a wait-and-see approach ahead...

Latest publication

Other news

Got something to sell? Try telling some untruths on X

Why do people peddle untruths on social media? When I say this, I’m thinking...

Landlord optimism rebounds as buy-to-let sector steadies ahead of Budget

Confidence among buy-to-let landlords has more than doubled over the past year, according to...

Funding student property? Talk to a broker first

When an investor spots an opportunity in the student accommodation sector, it’s rarely a...