News

News

  • 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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  • Going for Broker

    September 3, 2015

    Recent figures from the Council of Mortgage Lenders show that the proportion of adviser-introduced new home loans have now reached their highest-ever level, with brokers now responsible for 69% of all mortgages. This represents a 7% annual increase and beats…

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  • The Sky is the Limit

    September 1, 2015

    Our latest West One Loans Bridging Index showed that short-term finance continued its upwards trajectory in recent months and has almost broken the £3bn mark after 30% year-on-year growth in the 12 months to the end of June. Our own…

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  • WEST ONE LOANS BREAKS MONTHLY LENDING RECORD EXCEEDING £45M OF BUSINESS IN JULY

    August 3, 2015

    Bridging lender West One Loans has set a new monthly lending record by completing more than £45m of loans in July. The figure exceeds its previous best figure of £37m set in June and represents a 22% monthly increase in…

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