The UK housing market can be tricky, navigating property chains or trying to secure your dream home before selling your existing home. Bridging finance has become a key solution, offering temporary liquidity that can prevent you from missing out on market opportunities .
Talking to industry colleagues, from lenders, brokers, agents & investors, everyone is asking the same question: Why are property transactions taking so long to complete?
And is this the new normal?
The UK’s housing shortage continues to drive problems throughout the market, from affordability to homelessness, spurring private ventures into action. Meanwhile, could commercial mortgage arrears signify the next opportunity?
Are we out of the woods yet? Well, not really – recession, living costs and mortgage prices continue to hold back the property market. But relaxation of PDR rules has come just at the right time to capitalise on the soaring HMO and BTR sectors.
Between the Brickflow team, we’ve completed a fair few successful property developments. We’re speaking to Ina Bakalova, one of our product managers, to talk about her developments and answer the ultimate question – is property development a good career?
We know from our recent white paper research that 96% of developers are not confident in how to achieve BNG. But with the requirements that came into play in February 2024, it’s essential to understand what is expected of developers. Read our quick guide to understand the basics.
2023 ended on a high, and forecasts for the new year ahead indicate more stability, reduced borrowing costs and a handle on inflation. Will it all be plain sailing though, as markets navigate another devastating war, major global elections and the risk of recession not quite quashed?
Bad credit can be a hindrance for many finance options. When it comes to bridging finance, however, it's still possible to secure short-term bridging finance with a less than favourable credit score.
After housing was notably absent from October’s Tory party conference, the Autumn Statement featured funding and reforms to boost development. But is it enough to reverse the impact of multiple failed policies, chronic austerity-driven underfunding of planning departments, NIMBY backbench-pressure, see-sawing housing targets and a merry-go-round of housing ministers?
Whatever your property development plans, bridging finance is a fast, flexible way to fund your project. But alongside the opportunities comes risks, so we’re looking at both sides of bridging finance, as well as how to get the best deal.
A halt to interest rate rises, a decrease in inflation and a resilience amongst mortgaged homeowners to stave off the bank’s bailiffs. Are things looking up? Read this month’s Industry Insights to find out why we believe now is the time for the savviest investors to grab opportunities.
Embracing an inner chameleon helps developers to continually adapt to market conditions, but in today’s climate should property investors and developers change how they measure a successful project? This month’s Industry Insights looks at why some property businesses are now focusing on Return on Capital Employed (ROCE) rather than profitability.