News

News

  • West One Loans reacts to the Budget

    March 18, 2016

    Housing is not only the nation’s favourite dinner party conversation topic, but also something of a political football passed between the parties, and debated at length in the corridors of power. It is no secret that the nation has long…

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  • West One Loans comments on the impact of the MCD on the bridging sector

    March 10, 2016

    Stephen Wasserman, Director of West One Loans, comments: “It’s very unlikely that there will be a decline in residential bridging lending as a result of the MCD. The new regulation is relatively straightforward to implement and may actually boost lending,…

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  • Bridging lending breaks £3.5bn barrier ahead of new regulatory regime

    March 8, 2016

    Gross annual bridging lending has broken through the £3.5bn barrier in 2015 according to the latest West One Bridging Index. This annual lending figure equates to £13.9m worth of transactions each working day in 2015. The bridging sector is now…

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  • WEST ONE LOANS TO EXTEND MCD BROKER WORKSHOP PROGRAMME

    February 5, 2016

    Following a successful pilot event, bridging lender West One Loans is to hold a series of broker workshops for intermediaries explaining the implications of the EU Mortgage Credit Directive ahead of its implementation on March 21st. The initial breakfast session…

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  • Bridging Watch: M-C-D, easy as 1-2-3

    January 29, 2016

    Unless you’ve been living under a particularly large rock for the last few years, you can’t help to have noticed the Mortgage Credit Directive (MCD) and the extensive preparations that the specialist finance industry has undergone to ensure readiness for…

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  • Bridging X Factor

    January 15, 2016

    The X Factor may now mercifully be off our screens for another year, but the show’s title and format got me thinking about what sets the bridging sector apart from its rivals. In the early auditions, when other financing options…

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  • Bridging lending set to thrive in 2016

    January 8, 2016

    The UK economy’s recovery from the global financial crisis has been a long and winding road. The early stages of the revival were slow-moving, with growth hovering around the 2% figure for a number of years, but the latest figures…

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  • WEST ONE BRIDGING INDEX: ANNUAL BRIDGING LENDING OUTSTRIPS GOVERNMENTAL HOUSING BUDGET

    December 24, 2015

    The volume of annual gross bridging lending comfortably outflanks the amount of housing budget allocated by the Chancellor in the Autumn Statement, according to the latest West One Loans Bridging Index. With yearly bridging transactions smashing through the £3bn mark…

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  • MORTGAGE STRATEGY ONE TO ONE: STEPHEN WASSERMAN

    December 11, 2015

    Your latest bridging index puts the market at about £3bn.  How much more can it grow and what factors could stunt/promote growth?  Our bridging index places the current size of the market at just under £3bn, but it could well…

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  • Getting Britain building

    December 4, 2015

    At the heart of the government’s programme to boost Britain’s poor housing output record are measures to make it easier for developers to transform underused office and light industrial buildings into new homes. Temporary permitted development rights have enabled offices…

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