Bridging brokers' biggest fear revealed

Bridging & Commercial, in conjunction with a leading short term lender, has commissioned a broker survey which has given rise to some very interesting responses from the intermediary community.

Brokers were asked in the B&C survey - carried out in conjunction with bridging lender West One Loans - what they believe to be the biggest problem in bridging currently.

112 brokers were asked: “Which of the following do you believe is the biggest problem in bridging?” and given six options.

Over a third of brokers, 36 per cent, believe the biggest problem in bridging is its negative perception. The second deepest fear, which 23 per cent of brokers listed, was of lenders tightening their criteria. 16 per cent surveyed believe the lack of product ranges is the biggest issue.

Suprisingly, fraud and the fear of new regulation received the least broker picks with 7 per cent respectively.

The full results were as follows: