Figures from the Association of Short Term Lenders have shown that bridging lending reached £857m in Q2 this year, up 12.1% from Q1.

Figures from the Association of Short Term Lenders have shown that bridging lending reached £857m in Q2 this year, up 12.1% from Q1.
Hope Capital has expanded its team after making two key appointments in the past month and is now about to take on new premises, more than doubling its office space.
Hope Capital has announced that it has made two key appointments and is now moving to new premises as part of its expansion plans after reporting its most successful three months.
Issues such as adverse credit, affordability and stricter stress testing and lending criteria are continuing to affect an investor’s ability to obtain mainstream funding.
In October last year it was reported that unregulated bridging loans were continuing to outstrip regulated ones.
Bridging firm Hope Capital has increased its presence in London and the south with the appointment of a new business development manager, Maria Magnussen.
Commercial Reporter speaks to Jonathan Sealey, CEO of bridging lender Hope Capital, about the possibility of regulation in the market and the future of interest rates.
Hope Capital has completed a £4.5million loan making it the lender’s largest loan since its inception in 2011.
ASTL members have appointed a new executive committee.
Hope Capital has seen lending rise by 50% in H1, with both the number and value of loans increasing year-on-year.
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