Introduction
Bridging loans are useful for anyone with short-term capital needs and the sector has become much more respectable of late. During the financial crisis, when liquidity was short, lenders set tough standards with LTVs at 60 per cent.
Now it is more like 75 per cent, and there are many more lenders on the market. These CPD features set out the dynamics of the bridging loan market, and the benefits of taking out such a loan.
