Bridging loan conversions drop amid tougher criteria, ‘down valuations’ and rising interest rates

Bridging conversion rates have dropped from 16% to just over 14% year-on-year in Q2 2023, according to analysis of the Association of Short-Term Lenders’ (ASTL) data.

Section: Features

Source: Bridging & Commercial — https://bridgingandcommercial.co.uk/bridging-loan-conversions-drop-amid-tougher-criteria-down-valuations-and-rising-interest-rates