Editor's update: So who is the bridging finance world's 'Gossip Girl'?

Editor's update: So who is the bridging finance world's 'Gossip Girl'?




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There are numerous market indicators to support the fact that the world of bridging finance is booming, the most recent of which was published in The Sunday Times Rich List 2011 this weekend.

Masthaven Bridging Finance’s latest investors, The William Pears Group (Mark & family), ranked at 37 on the list, with an estimated wealth of £1,600 million.

And it is thought that if the Candy Brothers, who fund Omni Capital, had submitted their documentation to officials, they too would have ranked highly on the list.

 It’s clear that Britain’s wealthiest entrepreneurs are increasingly seeing bridging finance as a veritable mini-metropolis for fast returns on investment.

Concurrently, it seems that a financing option which was once almost predominantly used by the intermediary market is beginning to establish its position more firmly with the general public, as direct consumer business becomes more commonplace.

This trend looks set to continue, with more than a little support from the lenders... in the last week alone I’ve noticed at least two leading bridgers’ names splashed across full page advertisements in the main stream broadsheets.

I can only begin to imagine the price that was paid for ads in publications such as the Times, and see this as a strong indicator that the bridging world is expanding to all walks of life.

Yet whilst these factors do much to confirm prosperity, I believe that the real proof of our industry’s strength is the emergence of our very own bridging ‘Gossip Girl’.  

Somewhere, someone who has strong opinions and insider knowledge of the short-term lending industry, is taking the time to maintain a blogspot page, a linkedin account and a twitter account through the alias of ‘BridgingNews.com’.

This notorious blogger must take significant time out of his/her day to scour through every industry publication, and indeed every article that mentions bridging finance in any shape or form.

The blogger then ads their own commentary to the articles, often citing controversial ‘facts’ and making various allegations and statements that ruffle more than a few feathers.

At this point, whilst I have received numerous ‘tip-offs’ to suggest the identity of this blogger, the individual is yet to confirm my suspicions.

Do you know the identity of this anonymous writer?

Send your suspicions, or any other snippets of gossip to [email protected].

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